If Conservative Leader Andrew Scheer wins, the outlook could be even worse given his embrace of the Trump administration’s economic war with China, as set out in his recent foreign policy speech.
After years of major layoffs, lost customers, and big financial losses, as well as ditching the smart phone business which had once been its huge success, BlackBerry is now a highly competitive software company.
The bottom line: 57 per cent of Canadians feel government should do more to ensure their economic and social security. This is not a call for small government or for making tax cuts a priority.
There's not a conservative party in Canada that has offered any kind of credible alternative to help the world head off costly and life-threatening climate change.
But projections for the next few years suggest it is too low to meet our needs.
Trudeau deserves some credit for measures that help the middle class, such as the Child Benefit, expanded CPP, and more emphasis on training. But slow wage growth is the prime reason for stagnant middle-class incomes.
If we are to succeed in the face of great disruptions, new thinking and new policies will be critical. We are not there yet.
The cost to the federal treasury from the small business tax cut will do far less for Canada’s growth potential than if the same money was being used to build up our young companies with growth potential.