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“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

TEJ PARIKH: Why isn’t Canada an economic giant? (Financial Times)




Canada rarely makes the global news. When it does, it is often in reference to the exploits of Canadian entertainers — Justin Bieber, Céline Dion and Drake. 

 

For a country of about 40mn people, roughly the population of California, that is not a bad return on celebrity icons. But while the country may exceed expectations in the pop and rap arena, it underwhelms on the international economic stage, relative to its vast potential ...

 

... as long as current trends in productivity continue, living standards will drop and Canada’s enormous economic potential will remain latent. That would be a great shame for the thousands moving there seeking a better life, and for the global economy.


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