Canada’s economy in an extraordinarily vulnerable position

We have made ourselves hostage to a declining industry—oil and gas—while failing to effectively develop a competitive green economy for the future. Where are the industries that will create the wealth, deliver high-value exports to pay our way in the world, raise our productivity and provide the means to sustain our way of life as oil and gas fade in significance? Near-shoring or friend-shoring won’t solve our problems.
Natural Resources Minister Jonathan Wilkinson, pictured on the Hill.

TORONTO—In its current enthusiasm for near-shoring or friend-shoring—synonyms for protectionism—the Trudeau government, as well as the Harper government that preceded it—has ignored our greatest economic vulnerability. It is not an excessive dependence on China for e...

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