Canada requires an industrial strategy that prioritizes public goods over corporate interests, especially in today's era of escalating tariffs and geopolitical volatility.
A recent announcement by Stellantis to relocate has raised concerns about Canada's industrial future. Despite billions in public subsidies to foreign automakers, questions remain about who benefits from these investments.
“It’s only a question of time.”
An 1891 editorial cartoon from New York’s Puck magazine illustrates the historical pull of Canadian interests towards the United States, driven by business and common interests.
Authors: Daniel Cere and Stephane Boulet
Summary: Canada needs a diversified economic strategy to serve public goods.