Quote:
Originally Posted by Fuzz
When you constantly consume media that tells you Canada is broken, the economy is in shambles, and we are three steps from going full Venezuela, you may start to actually believe it.
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You mean mainstream media? You mean your government officials? Bank of Canada Governor? What do you think your new PM keeps saying? The previous government was not as focused on economic issues as it needed to be. They dropped the ball and he is the main man to deal with a crisis of huge proportions. He's actually 100% correct on that which is why he won by a landslide recently.
Canada has been struggling for a long time. We aren't a smart business nation. We do natural resource extraction, some stable banking/insurance and we trade 80% of our exports with closest neighbor 80% of the time. Have a look at our top companies on our main equity index and tell me how many of those names are large, top players that really compete globally against their peers in international markets? Very few. Now go look other G8 nations and see how many names you recognize. A lot more.
What makes you think Canada can't be swallowed up economically? That is literally the policy the current government in Canada is afraid may happen.