Threats to Canadian Industries
Resourse based: depletion, lower cost competition, not re-investing in efficiency, labour costs are high. No technological edge, vulernable
Market access based: free trade is erasing the tariffs which brought them. Many are moving away, taking jobs and best workers. interprovincial trade barriers actually encourage foreign locations.
Innovation driven: may move away to take advantage of more favourable diamonds
Moving to a new order - this is the turning point
Canada can try to resist change, or engage with it. We must adopt a new mindset.
Strengths to build on
We have a solid foundation, large exports, access the U.S. market and it's diamond, natural resourses, educated workforce, some innovative market leaders, good infrastructure - What would be some examples?
Free trade will encourage Canadian specialization in area's of genuine advantage
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