this post was submitted on 10 Jul 2026
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Canada
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We're going to see every single government in Canada cover their ears, eyes and more to say everything is fine while propping up the natural resource extraction industry. It's the only thing Canada has left as the 'easy' answer to prop up our economy. We don't have a booming tech industry - we only have unicorn tech companies. We don't have a boom financial industry - most people would rather invest elsewhere. We export more raw resources instead of turning them into higher margin value added goods. Every industry that's worthwhile has a good chunk of foreign investment already (oil and gas for example), even the auto industry - most are foreign and the federal government bends over backwards trying to save it rather than pivot out of it over time.
I'd also say that the clear cutting of Canada's old growth to barely even 3% left is the result of what happens when we do not let our forests recover - I believe the forestry industry and their sustainability practices is a farce. This is a century time scale problem not a few decades problem. Every subsequent government has been kicking the can down the road and now we're getting into the 'find out' phase in FAFO. And still there are people still taking the stance of 'it doesn't matter/it doesn't affect me'.