Monday, November 3, 2025

Canada’s Politics and Government News Source Since 1989

Monday, November 3, 2025 | Latest Paper

Canada’s economy in an extraordinarily vulnerable position

We have made ourselves hostage to a declining industry—oil and gas—while failing to effectively develop a competitive green economy for the future. Where are the industries that will create the wealth, deliver high-value exports to pay our way in the world, raise our productivity and provide the means to sustain our way of life as oil and gas fade in significance? Near-shoring or friend-shoring won’t solve our problems.

It’s all about productivity

To put the country on track, we need some kind of independent institution to provide analysis and policy ideas on long-term growth and productivity. Our politicians, public policymakers, most corporate leaders and our universities all seem bereft of ideas.