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No, Canada didn’t give the U.S. a trillion-dollar gift—but there’s still reason to worry: Trevor Tombe in The Hub | Macdonald-Laurier Institute (macdonaldlaurier.ca)

submitted 22 hours ago by DarylInCanada@lemmy.ca to c/canada@lemmy.ca

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Maybe Canadians need to start rethinking our investment strategy and look to our own country and Europe to invest this money. The returns might be lower at first, but as the investments start to grow the economies, the returns will also grow. It is a long-term strategy, not a get-rich-quick strategy, but it is the best strategy for our children and grandchildren. Investing in America at this point is risky at best. Won't do a thing for Canada.

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[–] SamuelRJankis@sh.itjust.works 10 points 20 hours ago* (last edited 12 hours ago) (2 children)

Both the Hub and MLI are right wing sources.

They are largely subtle about it with some plausible neutrality unlike what Postmedia is today. It's pretty much the same old institutional Consertive two bits deregulation and reduction of corporate taxes.

These are steps in the right direction. But Canada’s regulatory and tax environment [still lags]

Reframing the debate

If we want more of our own savings and capital to stay here at home—funding new plants, equipment, and technologies that raise productivity—then a more flexible and competitive business environment to increase the returns to investing in Canada’s economy is essential.

[–] DarylInCanada@lemmy.ca 0 points 9 hours ago

A rght-wing Canadian source arguing AGAINST PP? What has Conservativism gotten to?

[–] avidamoeba@lemmy.ca 2 points 18 hours ago

... Investing in America at this point is risky at best. Won’t do a thing for Canada.

Also the post paragraph is OP's and draws a saner conclusion than the trickle-downery the article reaches for.

Separate from all that, there's also the wider problem with using the current public capital markets to trigger productive investment - something that hasn't been happening for a long time.