Sunday, April 4, 2021

canada can't outspend america on stimulus, but it can play along and join in. competition, here, is stupid.

there's going to be things we're better positioned to produce, and we should focus on supply chains where it makes sense - and otherwise get out of the way.

in fact, we have our own infrastructure to rebuild, including infrastructure for essential goods and services.

so, my suggestion is to embrace an enlightened parallelism - engage with what they're doing, but emulate them, more than anything else. our investor class does well with these agreements but, overall, if they need to rebuild due to bad trade agreements, then everything that's true about them is even more true about us - and we need to react that much more.

i don't want to be an american, but i don't want to be a mexican, either. we have to maintain this balancing act, and it's by co-operating when it's in our self-interest, while not forgetting that we need sovereignty and independence, too.