America is sinking, and Canada cannot go down with the ship
In the wake of U.S. fiscal instability, Canada has “a marketing job to do,” writes Claude Lavoie. We’re “well-positioned,” as Canadians are net lenders to the rest of the world, and the country maintains relatively low poverty and inequality rates. Canadian businesses benefit from 15 free trade agreements and preferential access to a third of the global economy. Businesses could access all these markets, and likely have better access to the U.S. market, if they invest in Canada. To capitalize on these opportunities, Canada should ensure our investments and economic frameworks are attractive for those losing faith in the U.S., guaranteeing we are “able to withstand what is looking like the gradual fall of the American empire.”
