Good LordAs someone who's been in business since a teenager and been doing business now for 20+ years and work with M&A lawyers all over the world, I think people in Canada are really unaware of just how bad things are about to get.
To say that Canada is in a bad position would be a gross understatement. As for how politics plays into it, I've always been agnostic to political parties and I'm focused more on what's likely to produce results. Think of things from this point of view:
Rather than listening to any specific politician, list all the policies that group A will provide. Not their lip service, the actual plan, with specifics, with details. Show me who will be doing what and how? Then, use a level of intelligence and rational mechanisms to determine the viability of the plan. Also consider how it will fit into the grand scheme of things. When someone makes a promise to do A, there is a reaction or an effect on B and C and D. How will those effect people and does it make things better or worse in the country.
The other factor is that even if Party A or B makes a claim to do something, will they actually even do it?
Imagine dating someone and saying, "I'm going to be the partner who will take care of all the bills and provide a stable home." Someone agrees to go out with me, and then on day one, I'm making the other person pay for the bill, or we split the bill, or I pay for the bill, but I'm secretly stealing you and your family's jewelry, pawing it off and using that money to pay for dinner.
Anyway, there is no hope for Canada economically. The country cannot tax its citizens into success. Selling real estate isn't the answer either. The country has to produce and provide value higher than the amount of money that it spends. The country also needs to be an attractive place for people to want to do business. If it's not, they will go elsewhere. At the moment, that's exactly what's happening right now, in a big way.
The main problem in Canada is like a student who borrowed money to go to med school, accumulated massive debt, and then flunked out of med school. Now, the student has med school sized debt, but no ability to earn the necessary money to pay it back. Instead of being responsible and finding a solution, they started borrowing money from other people to support their coke habit and they're now old, beat up, in poor health, with massive amounts of debt that's only getting worse.
Put it this way, if Canada was a person, you wouldn't invest in them, you'd perhaps feel sorry for them, standing on the corner with a tin can and a cardboard sign.
What a voice of utter doom.
Reading this just had me putting on sad country music, reaching for the bottle and the gun at the same time.






