29 days ago

News Politics Canada Economy Manufacturing Industries Investments USA NaturalGaz

Canada’s industrial base is shrinking — and this isn’t a sudden shock.
It’s a slow, structural decline that economists have been warning about for years.

In this long-form video, I walk through:

Why Canada now has the smallest manufacturing sector in the G7

How investment in machinery and equipment has collapsed to levels not seen since the early 1980s

What National Bank economists mean when they describe an “industrial implosion”

Why companies are leaving Canada — not out of greed, but because the incentives no longer make sense

And how the federal government’s 2025 budget plans to respond… by expanding the role of the state instead of fixing the underlying problems

This isn’t a rant, and it isn’t partisan cheerleading.
It’s a data-driven look at Canada’s productivity crisis, regulatory burden, energy policy, and the growing gap between private investment and public spending.

If Canada wants to rebuild its industrial capacity, the real question isn’t how much money the government can spend —
it’s whether confidence, competitiveness, and ambition can be restored.
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SOURCES:

https://www.nbc.ca/content/dam/bnc/taux-analyses/analyse-eco/etude-speciale/special-report_241223.pdf

https://www.nbc.ca/content/dam/bnc/taux-analyses/analyse-eco/hot-charts/hot-charts-250912.pdf

https://wolfstreet.com/2025/09/12/canada-the-industrial-implosion-v-the-united-states/

https://globalnews.ca/news/11494571/carney-to-pitch-canada-as-reliable-partner-in-asia/

https://www.cbc.ca/news/politics/budget-canada-liberal-government-final-vote-carney-champagne-9.6979533

https://www.nbc.ca/content/dam/bnc/taux-analyses/analyse -eco/etude-speciale/special-report_250702.pdf

https://www.nbc.ca/content/dam/bnc/taux-analyses/analyse-eco/etude-speciale/special-report_250721.pdf

https://www.nbc.ca/content/dam/bnc/taux-analyses/analyse-eco/etude-speciale/special-report_250828.pdf

https://budget.canada.ca/2025/report-rapport/intro-en.html

https://www.msn.com/en-ca/money/other/ontario-furniture-manufacturer-holsag-to-close-and-relocate-to-us/ar-AA1PzGTW

https://www.thedrinksbusiness.com/2025/08/devastating-blow-as-diageo-closes-ontario-crown-royal-site/

https://x.com/MarkJCarney/status/1978278995637551208/photo/1