this post was submitted on 01 Jun 2025
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Because we are considered a resource nation. Whether you agree with that or not, it is how the world sees us.
It's more about how we see ourselves. Do we build strong services and utilities for our own population, or do we keep shoveling money and opportunity to our incumbents?
We used to have a pretty strong telecom industry. We had decent manufacturing and ship building, if you go far enough back. If there's decent infrastructure, tax codes, and investment incentives maybe we could have those again.
All true, but the infrastructure we used to have is mostly gone and to start over would entail spending billions. It seems Carney prefers to use what we've got, along with ideas already in a development/funding stage, to move us forward.
That's not nation building, though. "Be only as others see you" is pretty toxic advice at any level.