From swaggering to staggering – Canada’s decline into irrelevance

From the MacDonald Laurier Institute

It’s remarkable how much our international reputation has faded over the past 10 years, both diplomatically and economically.

It is remarkable how much attitudes about Canada have shifted, both here and abroad, over the past 10 years. A decade ago, riding the wave of a booming economy, Canada was widely admired for a banking system that had got through the 2008-2009 global financial crisis without government bailouts. Today the country’s global stature is much diminished and Canadians are rapidly losing confidence in their economic prospects.

In the years leading up to 2016 Canadians grew accustomed to global accolades. In a 2003 cover story, The Economist touted the prospects for “cool Canada,” following up in 2006 that Canada’s relative economic performance made it a “superstar” as the “only country running both current-account and budget surpluses.” Steve Poloz, then chief economist at EDC, said in 2005 the stars were aligned for Canadian firms to achieve the “productivity miracle” already realized in the U.S. In 2012, the OECD secretariat forecast Canada’s economic growth would lead the G7 nations over the next 50 years. Our AAA credit rating, stable economy and resource riches prompted the IMF in 2012 to recommend central banks hold more currency reserves in Canadian dollars, leading to headlines about “loonie set to join global currency elite” as a safe haven in turbulent times.

A Maclean’s article reporting 2011 poll results proclaimed Canada was “on top of the world” and “Canadians have never felt so upbeat about the future.” A year later, Joe O’Connor could claim in this newspaper that “Canada’s got swagger.” This confidence was reinforced when Britain hired Mark Carney in 2012 as the first foreign-born governor of the Bank of England, calling him the “best central banker of his generation.” On the global stage, in 2016 U.S. President Barack Obama told Parliament: “the world needs more Canada.”

A stable banking system was not Canada’s only perceived financial advantage. Some analysts predicted Toronto would become a major trading centre for the North American cap-and-trade carbon market. Moody’s Analytics projected Toronto’s financial services industry would employ more people than London’s by 2017. Tiff Macklem, then dean of the Rotman School, wrote an op-ed in 2016 touting Toronto’s “potential to become the leading global fintech hub.”

That was then. Today Canada’s reality is much different than people were expecting before 2015. Its finance sector is known for being “an ATM and safe deposit box for money laundering,” according to Jonathan Manthorpe in his 2019 book, Claws of the Panda. In 2018, The Economist noted that Canada “has long had a reputation as a place to snow-wash money.” Regulation is split between federal and provincial governments and there are almost no restrictions on lawyers involved in laundering.

Instead of buoyant economic growth, the OECD last year downgraded Canada’s prospects to 2060 to dead last out of 38 nations. In a 2019 feature, The Economist noted that the top Canadian firm on Fortune’s list of the world’s largest companies ranked 241st, concluding that our “economy and business culture will have to become more American.”

Nothing has damaged Canada’s economy and global stature more than the obstacles governments have deployed to hamper our energy industry. In 2011, the late Jim Prentice, then vice-chairman of CIBC, reviewed the slew of Canadian energy projects then underway, from hydro in Labrador to Alberta’s oil sands, and concluded “no one else is bringing on energy projects on the pace and scale of Canada.” Today, by contrast, British Columbia and Quebec are struggling to meet electricity demand, while the oil sands have slashed investment.

The harm from discouraging oil and gas development was fully revealed after Russia’s 2022 invasion of Ukraine. Canada was unable to answer Europe’s desperate need for oil and gas. When German Chancellor Scholz visited Canada to plead for more natural gas, our prime minister claimed there was “no business case” to support LNG exports to Europe. Meanwhile, since March 2022, American firms have signed now fewer than 57 supply agreements with Europe for 73 million metric tons of LNG annually, according to a recent report in the Wall Street Journal.

A recent Nanos poll found even fewer Canadians (just 13 per cent) thought our global reputation had improved than were satisfied with the state of our economy (23 per cent). The Wall Street Journal said last year that Canada’s paltry defence spending should disqualify us from G7 membership, while Spain is openly lobbying to take our place. We have become irrelevant to the geopolitics of our natural allies, whether the problem at hand is the growing rivalry between the U.S. on the one hand and Russia and China on the other or the EU’s fixation on rectifying its energy and defence deficits.

More broadly, Canada has failed in its traditional role of explaining the U.S. to the rest of the world. Though it’s strange to recall, immediately after Donald Trump’s election in 2016, the hope was Trudeau would be the “Trump Whisperer,” establishing Canada as an “indispensable nation,” to quote Maclean’s Scott Gilmore. Instead, we have reverted to our traditional sense of moral superiority over Americans and now parrot the global chorus condemning the direction of U.S. politics. We have a plan for dealing with Trump, the prime minister assures us. Good luck to us with that.

Philip Cross is a senior fellow at the Macdonald-Laurier Institute.

Related Topics:#Canada'sDecline #MacdonaldLaurierInstitute #PhilipCross #SwaggeringToStaggering

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Canada is not a sovereign nation

Published on February 19, 2025

Todayville

There is no social service more important to the survival of a nation or a people than a robust national defence.

To quote the brilliant Lt. Col. (Ret.) David Redman, who has written extensively on the deplorable state of Canada’s ability to defend itself, quoting an anonymous Greek military philosopher,

“EVERY COUNTRY HAS AN ARMY, EITHER THEIR OWN OR SOME ONE ELSE’S”.

A more modern take on this thought was written by Niccolo Machiavelli in “THE PRINCE” when he observed that:

“THE FLORENTINES WERE EASILY CONQUERED BECAUSE THEY HAD BECOME WEAK AND EFFEMINATE FROM LONG PEACE.”

Machiavelli would be snickering if he knew that Canada has appointed a “Diversity, Equity and Inclusion General” to head the Canadian Armed Forces. Canada’s Chief of Defence Staff seems more concerned to ensure that tampons are available in the men’s infantry barracks than she was in insuring that Canada could defend itself or ever meet Canada’s NATO Article 5 obligations. Canada requires AT LEAST 3 divisions of air mobile combat soldiers, with suitable cyber security, surveillance and attack drones, armour, artillery, ground attack air cover, helicopter gunships, and air superiority interception capacity. A naval force capable of asserting arctic sovereignty while developing an amphibious assault capacity in support of our international obligations is also required. The 300-500 Billion Dollars that successive Canadian Governments have robbed from our NATO spending obligation would be a large down payment on rebuilding the Canadian Military while simultaneously wiping out the trade deficit with the US. An immediate 100 Billion Dollar military equipment order from US firms coupled with an elimination of all agricultural tariffs including the elimination of the Canadian Dairy Marketing Board would go a long way towards addressing President Trump’s justifiable derision of Canada’s status as a sovereign nation and good neighbour

Canadians need to internalize that they no longer live in a sovereign country. They live in a military protectorate of the United States Of America. Canadians currently underfund their NATO Treaty obligations by more than 23 Billion Dollars a year. This is a national disgrace.

Every so-called Canadian booing the American National Anthem, needs to be embarrassed, not outraged, over the fact that we have allowed successive Canadian Federal Governments to effectively embezzle hundreds of billions of dollars from the US through Canada’s despicable refusal to meet its national defence obligation to our largest and most economically important ally. In this sense Canada is much more like a vassal kingdom of Ancient Rome governed by a Governor appointed by Rome than a modern nation state. Despite Canada’s almost complete economic and military reliance on the United States, Canada is governed by minions of The World Economic Forum, The United Nations and the World Health Organization which are all China controlled or China adjacent entities that support Chinese global hegemony in the name of “globalism” or “post-nationalism”. Canada has even seen a former Chief Justice of the Supreme Court of Canada taking a Communist Party of China job as adjudicator in Hong Kong. Canada currently has a disgraced Prime Minister so stupid as to not understand why our NATO allies would be upset at Canada training the People’s Liberation Army on how to kill NATO soldiers more effectively in winter conditions at Canada’s special forces winter warfare training facility at Petawawa, Ontario.

Canadians are shocked and appalled when Americans have the temerity to elect a leader who rejects the prevailing pro-China governance of Canada. Trudeau’s contribution to US-Canada relations was to attribute President Trump’ s crushing victory over globalism and world socialism to a claim that he/she was a “feminist” and to equate the common-sense of Americans to racism and misogyny. The world is meant to believe that Canadians are horrified by a US President who insists as the military protector of Canada that Canada address its protectionism of Canadian markets, ongoing trade deficit and embezzlement of defence dollars from the US by refusing to meet Canada’s international defence obligations.

Mark “Carnival Huckster” Carney the new Liberal, wanna-be, Canadian Governor, has announced as part of his “leadership campaign” that unlike the outgoing Dictator Trudeau, he will only continue to embezzle billions of dollars a year for five more years to reach the 2% GDP NATO defence spending requirement, as opposed to the outgoing Governor Trudeau who thought he could continue to steal from the US for another 7 years. It’s like Mark “The Carney” thinks that President Trump will be gratified with his announcement that Canada will only continue stealing and freeloading off of America for 5 more years. Maybe as compensation President Trump should consider renaming “Lake Ontario” to “Lake America” given that Canada’s continued refusal to meaningfully contribute to its mutual defence with America, has at the very least given Trump “naming rights” over shared geographical features. How about instead of the St. Lawrence Seaway we now have “The Melania Seaway”. Canada’s lack of the basic sovereign function of self-defence should have consequences.

It’s time for Canadians to wake the hell up and realize that the so-called Laurentian elite Canadian political class undermine Canadian Sovereignty every day. They do this by refusing to acknowledge that President Trump is right to make fun of Canada for the emasculation of the Canadian military. President Trump is right to call out Canada’s ridiculous insistence on wanting free access to American Markets while continuing to protect Canadian millionaires and billionaires from US competition to the detriment of Canadian voters who would all benefit from the lower prices that tariff free trade would bring. Every Canadian should be angry that they pay way more than they should for milk, cheese and other products because of Canadian protectionism.

Come on Canada! Canadians are known internationally for the Canadian propensity to say sorry too often.

It’s time for Canada’s political leaders to say:

“President Trump, you are right. We are sorry. We will immediately change our childish, and dishonest behaviour. We will become a much better neighbour.”

Jeffrey R.W. Rath, B.A. (Hons.), LL.B. (Hons.)

Foothills, Alberta

February 18, 2025

P.S.

Failing the above, its time for Alberta to say “President Trump, we don’t want to be part of Canada as a 51st State. Alberta will happily consider the benefits of full statehood within the American Union on the condition that you don’t let Ontario, Quebec, British Columbia, or the Maritime province enjoy the same status given the extent to which they have enjoyed a parasitic relationship with Alberta for far too long.

Alberta will immediately commit to spending all dollars formerly sent to Quebec to the formation of an Alberta National Guard to be fully integrated with US Forces and chain of command, governed by the US Constitution. ”

This may be an idea whose time has come.

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SecDef Hegseth picks investigators to examine botched Afghanistan withdrawal

Published on February 18, 2025

Todayville

MxM News

Quick Hit:

Defense Secretary Pete Hegseth has initiated an investigation into the Biden administration’s botched Afghanistan withdrawal. Hegseth confirmed that investigators have already been selected to examine the disastrous exit, which left 13 U.S. service members dead and stranded Americans behind. He emphasized that accountability is forthcoming and vowed a thorough review to uncover the decision-making failures behind the debacle.

Key Details:

Hegseth told Breitbart News that he has already chosen investigators for a full Pentagon-led review of the withdrawal.
The Biden administration’s 2021 exit resulted in the deaths of 13 U.S. service members, abandoned American citizens, and a botched drone strike that killed an Afghan aid worker and his family.
No officials were held accountable, while Marine Col. Stuart Scheller, who publicly called for accountability, was the only one punished—he now serves in the Trump administration.

Diving Deeper:

Hegseth, in an exclusive interview, stated that the investigation would be comprehensive, focusing on key decision-making failures that led to one of the most disastrous military withdrawals in U.S. history. While no specific timeline was provided, he stressed the importance of getting the facts right.

The 2021 Afghanistan withdrawal, executed under then-President Joe Biden, resulted in a chaotic evacuation at Kabul International Airport. The suicide bombing at Abbey Gate claimed the lives of 13 American troops, while the administration abandoned hundreds of U.S. citizens despite claiming success. Additionally, the U.S. military, in a hasty attempt to prevent another attack, launched a drone strike that mistakenly killed an innocent Afghan aid worker and his family. At the time, then-Joint Chiefs Chairman Mark Milley defended the strike as “righteous.”

Despite these failures, no senior officials were removed from their posts. The only individual who faced consequences was Marine Col. Stuart Scheller, who was discharged after demanding accountability in a viral video. Now, he serves as a senior adviser to the Defense Under Secretary for Personnel and Readiness under the 47th President, Donald Trump.

Hegseth reaffirmed his commitment to ensuring accountability, emphasizing the need to establish a factual timeline of events, decisions, and their consequences. “I don’t think there’s anybody that feels like there’s been an honest accounting of what happened in Afghanistan. That’s our job,” he said.

The investigation, he added, will be critical to rebuilding trust within the Defense Department. “We’re going to drive that full investigation and get a sense of what happened. Accountability will be coming,” Hegseth concluded.