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Slip-sliding away: Canada’s declining competitive position

By Independent Senator Doug Black      

Put simply, there’s a perception that Canada is ramping up taxes and restrictions just as the U.S. ramps down.

Neither the federal nor provincial governments are helping to ease the competitive pressure being applied by the United States, writes Sen. Doug Black. Getting oil to tidewater via Kinder Morgan’s Trans Mountain pipeline expansion has been a thorny issue for Prime Minister Justin Trudeau, left, and B.C. Premier John Horgan, right. The Hill Times photograph by Sam Garcia
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Add a protectionist United States trade agenda to a Canadian government ambivalent to business and you get a situation that is increasingly very concerning to me and many Canadians. Foreign direct investment to Canada has frozen. Canadian companies’ investments are increasingly headed south. Unless we pull a U-turn fast, Canada risks an economic slowdown: our tax revenues will fall, our incomes will decline, and our GDP will stumble. Without a doubt, the aggressive stance being taken by the

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