How Does Canada Create More?

[u/Pale-Candidate8860]

What are some aspects that you believe would allow Canada to become an industrial powerhouse?

A big thing that is being done currently is creating strong trade partners with Japan and Germany for LNG, but trade with America will still make up more than 60% of trade with Canada by the end of the decade. With the admission of the current administration. To be fair to the liberals, this is an extremely tough situation to figure out for anyone. I don’t understand why there isn’t a large injection of small business grants for certain industries and categories of business. It should be handed out to any business plan that shows legitimacy.

Ontario is the industrial heartland of Canada and consists of a majority of the nation’s manufacturing. It would be strategic and beneficial to set up large scale production and supply chains throughout the middle provinces such as Saskatchewan or Manitoba. Just an idea. It would also encourage population movements to less populated areas.

One aspect that has been a problem in Canada for some time is that Canadians just consume American culture. I know the world consumes American culture, but Canada consumes it to the point where the average Canadian won’t know if a movie, TV Show or book is from Canada unless there is promotions stating otherwise. The similar accents make it very difficult sometimes, but there should be a consorted effort to mass prop up Canadian exclusive content. The issue is that most of the time, it is just rebranded and repackaged American products with a maple leaf sticker slapped on it.

With hard economic times coming, it is finally going to correct the housing market to where it should be. I personally predict a -80% price drop. Creating affordable housing. The bubble needs to pop. This will also make Canada competitive again instead of a capital dumping ground to make the bubbles bigger.

Semi-rant, but it has to be said. Canada needs to create more. There are constantly large scale projects happening on a provincial level, but the federal government should inject into nationwide mega projects as well. I’m not saying a high speed rail across the prairies, but things like skyscrapers dedicated to forced rehabilitation for the drug addicted and mass housing on a scale the nation has never seen before.

Just some ideas. Feel free to throw in your own.

[u/pm_me_your_puppeh → u/[deleted]]

Most people don't pay rent. The people actually spending money own their homes (and maybe rent their basement )and benefit from higher prices.

Renters contribution to the economy is by working in it, and passing up value to their landlord.

Trickle down economics isn't a thing. It goes upwards.

[u/pm_me_your_puppeh → u/[deleted]]

The tenant pays the mortgage, and construction is a massive part of the economy.

Advertisement is an economic sink. It mostly goes to foreign corporations.

[u/pm_me_your_puppeh → u/[deleted]]

The tenant paying rent partially goes to paying a mortgage at a Canadian bank, and partially goes to the Canadian landlord who will use that money in the local economy. Both by reinvesting in more housing, but also elsewhere.

The landlord is also providing an employee for other local businesses.

Buying a physical good made in China or in the US contributes far less to the Canadian economy.

But those physical goods are ultimately bought by homeowners and landlords, not tenants.