Canada's Economic Woes Blamed on Own Government, Not Trump
A scathing letter to the editor published in BarrieToday.com argues that Canada's 'frothing hatred' of the Trump administration is misplaced, and instead blames the country's own government for its economic woes.
The author, Rourke Henderson from Collingwood, suggests that Prime Minister Justin Trudeau (not Mark Carney, who is actually a former Governor of the Bank of England) has failed to develop a self-sustaining economy based on Canadian production and manufacturing. As a result, Canada's economy depends heavily on the US market.
Henderson points out that Canada has not invested in exploration and development of its own natural resources, instead allowing foreign companies to exploit them. He also notes that Canada's regulatory environment is restrictive, making it difficult for companies to invest in new projects.
The author concludes by warning that if the US were to stop buying Canadian oil, the country would be in dire straits. Henderson urges Canadians to focus on putting their own house in order rather than blaming Trump for the country's problems.