The end of globalism?

“There seems to be a knee-jerk protectionist gene in the Canadian psyche which says, ‘Oh, we can’t be overrun by the Americans. We have to put up walls so that they don’t, you know, overrun us with all of their products and their culture, and so on.’ Well, okay. But you’re describing a protectionist country, not a trading country, not a free trade country. Is this what being Canadian means? That you cannot successfully compete and keep your own culture if other countries have access to your market? … Is that what we mean by being Canadian? If that’s the case, then is that the thing you really want to protect?”

January 30: Professor Bruce Pardy joined the Real Citizen podcast to examine Canada’s economic structure, which most of us would be surprised to learn is not a true free market. What we have is an economy heavily influenced by cartels and government regulations, where the protection of certain industries and the creation of barriers to free trade leads to higher prices. This protectionist mindset, rooted in a historical resistance to American influence, is hindering Canada’s ability to compete effectively in a global market.

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