Tag: Canada
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Friend-shoring is great until it fails
The recent diplomatic spat between India and Canada that has also enmeshed Five Eye partner countries is the canary in the coal mine for friend-shoring. While a noble sentiment, many others have already pointed this out, but I will join the chorus from an industrial policy angle – “who is a friend?” To quote Lord…
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Global trade as the solution to global trade
Don’t have a lot to say on this article, but I am supremely dumbfounded that Canada’s “industrial policy” budget has been followed up with a return to trade negotiations with Mercosur. While I have nothing against Mercosur, it seems like the Canadian government has not received the memo that the neoliberal era is over. Even…
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Canada and innovation – mediocre industrial policy at its finest
Canada’s national newspaper has published a new article on the “state of innovation” in the country. Quite similar to many past articles it has published on this topic in the past, but let’s explore some of the highlights and then dig into them. A lot to dig into, but let’s expand on some of this…
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Canada and the eternal quest for a foreign economic saviour
I had to let a few weeks pass after the recent visit of Chancellor Scholz to Canada (where this blog is based). I needed the time to let my anger subside at the recurring theme in Canada’s industrial policy – the zombie-like resilience of the staples trap! But this time it isn’t furs, or timber,…
Industrial Policy 