Why Canadian businesses lag behind their American peers

Canada is a wealthy country with top-performing companies in natural resources, manufacturing, and other industries, but its underperformance in innovation and exporting undermines Canada’s potential for higher sustainable growth.

U.S. President Joe Biden and Prime Minister Justin Trudeau. Britain colonized these two countries, forcing them into trade imbalances and economic dependency. Both are wealthy countries with top-performing companies. So why does Canada continue to lag behind?The Hill Times photograph by Andrew Meade

Opinion

BY HORATIO MORGAN

January 24, 2024

The persistent gap in business performance between Canadian and American companies has been discussed for decades. There are multiple perspectives on the causes of this gap. But an understudied root cause involves

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