In the age of economic sovereignty, business can’t sit on the sidelines

The business community must actively shape how Canada’s emerging sovereignty agenda unfolds, rather than treating it as something imposed on them, writes Theo Argitis. A wave of geopolitical shocks—from the pandemic to rising protectionism and new tariff threats from Donald Trump—has accelerated a global shift toward economic resilience, strategic autonomy, and more assertive government intervention, including industrial policy under Mark Carney’s agenda. While these policies may strengthen national resilience, they carry risks of inefficiency and state overreach, making collaboration between government and business essential to ensure investment, competitiveness, and effective state capacity.

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