By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
One communityOne communityOne community
  • Home
    • Home 2
    • Home 3Hot
    • Home 4
    • Home 5New
  • Politics
    Politics
    Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies.
    Show More
    Top News
    Latest News
  • Technology
    TechnologyShow More
  • Posts
    • Post Layouts
    • Gallery Layouts
    • Video Layouts
    • Audio Layouts
    • Post Sidebar
    • Review
      • User Rating
    • Content Features
    • Table of Contents
  • Pages
    • Search Page
    • 404 Page
  • XRP
Reading: It’s Time to Make Canada More Competitive
Share
Notification Show More
Font ResizerAa
One communityOne community
Font ResizerAa
  • Economics
  • Politics
  • Pursuits
  • Business
  • Science
  • Technology
  • Fashion
  • Home
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • Demos
  • Categories
    • Technology
    • Business
    • Pursuits
    • Fashion
    • Economics
    • Politics
    • Science
    • Wellness
  • Bookmarks
  • More Foxiz
    • Sitemap
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
CanadaOpinionViewpointsWorld News

It’s Time to Make Canada More Competitive

Art Korpach
Last updated: December 27, 2024 7:05 pm
Art Korpach
9 months ago
Share
it’s-time-to-make-canada-more-competitive
It’s Time to Make Canada More Competitive
SHARE

Commentary

When Canada became a country in 1867, our founding constitutional act produced the phrase “peace, order and good government.” Some compare this to the United States constitutional well-known message of “life, liberty and the pursuit of happiness.” But there’s a stark contrast. Canada’s vision exudes collectivism and government involvement, whereas the U.S. vision embodies unbridled capitalism and individual rights.

There is an argument that our approach was beneficial, perhaps even necessary, given our vast, harsh and thinly populated country. Without government backing we may not have built a cross-country railway, certainly not as early as achieved in 1885. Nor would we have established a national airline system or developed country-wide telecommunications networks.

I recall the days when most of the regional phone systems were owned by their respective provinces. Even the development of our natural resources was aided by many government initiatives. Think of the Arctic drilling credits and incentives supporting the pioneering work done by Dome Petroleum in that region. Or the offshore Eastern Canada petroleum incentive payments supporting that development, or the government’s partial ownership in Hibernia, both directly and through Petro-Canada, its national oil company.

There was the Alberta government’s support of early efforts to develop the oilsands. And, of course, the support for dairy, certain elements of the agriculture sector, and the auto and auto manufacturing parts sectors are well documented. Even our world-leading companies in the potash and uranium production businesses started out with government support and ownership. I had the privilege of working with the Saskatchewan government to help underwrite the IPOs (initial public offerings) of both those government-owned businesses over 30 years ago. It was also the era of Tommy Douglas and the creation of universal health care in 1947 in Saskatchewan.

But that was the past and a different time. Today, Canada is much more developed and has over 40 million residents and modern infrastructure. Yet we continue to operate in a government-dominated, monopolistic, and oligopolistic manner. Think government monopoly on health care and education systems, oligopolies in banking, insurance, railways, telecommunications, airlines, and heavy regulation in dairy supply management and parts of the food and auto sectors. Think of the billions of dollars of recent government subsidies for proposed electric vehicle and battery facilities.

Related Stories

A Canada-US Customs Union Would Deal With the Coming Trump Tariffs
Alberta Launches Ad Campaign to Oppose Federal Emissions Caps on Oil and Gas Sector

The only meaningful sectors where Canadian industry truly competes on a global basis are oil and gas, mining, and perhaps forestry.

There is an observable East/West divide to these industries, and I believe this is a partial explanation on why the East and the West have philosophical differences on how Canada should be governed. A business acquaintance of mine for over 30 years who has been close to the inner workings of the federal government recently shared his response when queried about ideas for a potential political campaign slogan: “Make Canada Mediocre Again.”

Perhaps it is time that we stepped back and thought again about government regulation, competition, and individual rights, and a new vision for Canada.

Views expressed in this article are opinions of the author and do not necessarily reflect the views of The Epoch Times.

Ford Confirms Canada Preparing List of Retaliatory US Tariffs, Will Visit Washington With Other Premiers
Newfoundland Plane Crash Leaves at Least One Person Dead
Police Asking for Public’s Help Finding ‘Persons of Interest’ in Explosions at BC MLA’s Office
ANALYSIS: What Alberta Premier Smith Knew About the Trump Tariffs
Tory MP Says Trump’s ’51st State’ Comment Result of International Pacts Weakening Canada’s Sovereignty
Share This Article
Facebook Email Print
Previous Article stuffed-animal-toys-recalled-due-to-choking-hazard:-health-canada Stuffed Animal Toys Recalled Due to Choking Hazard: Health Canada
Next Article alberta-ndp-separating-from-national-party-still-on-the-table,-nenshi-says Alberta NDP Separating From National Party Still on the Table, Nenshi Says
quebec-government-to-consider-banning-face-coverings-in-public
Quebec Government to Consider Banning Face Coverings in Public
Canada Canadian Politics Featured Canadian News Top Canadian News World News
algoma-steel-getting-$500m-in-government-loans-to-shift-production-from-us
Algoma Steel Getting $500M in Government Loans to Shift Production From US
Canada Featured Canadian News World News
blue-jays-beat-rays-5-1-to-stay-atop-al-east,-sending-division-race-to-season’s-final-day
Blue Jays Beat Rays 5-1 to Stay Atop AL East, Sending Division Race to Season’s Final Day
Canada Featured Canadian News Top Canadian News World News
mp-heather-mcpherson-launches-ndp-leadership-bid
MP Heather McPherson Launches NDP Leadership Bid
Canada World News
about us

We influence 20 million users and is the number one business and technology news network on the planet.

  • Advertise
  • Home
    • Home 2
    • Home 3Hot
    • Home 4
    • Home 5New
  • Politics
  • Technology
  • Posts
    • Post Layouts
    • Gallery Layouts
    • Video Layouts
    • Audio Layouts
    • Post Sidebar
    • Review
      • User Rating
    • Content Features
    • Table of Contents
  • Pages
    • Search Page
    • 404 Page
  • XRP

Find Us on Socials

© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?