Candid Conversations for Financial Markets, with Senator Colin Deacon
The U.S. Administration exposed long-standing weaknesses in the Canadian economy that Senator Colin Deacon has challenged government to address.
In part one of this two-part series, Senator Deacon sets out the causes of Canada’s economic declines. They include an industrial policy which formed monopolies to compete with U.S. giants, a banking sector that expanded to other financial services and costly regulation that favours oligopolies. The result is increasingly irrelevant public markets that do not reflect the reality of technology creating wealth.
From Lions to Lambs …. The Decline of Canadian Competitiveness (Part 1) — IIAC | ACCVM