Re: Trudeau says 'erosion of trust,' bad communications sparked SNC-Lavalin controverMar 8th, 2019
Why are the US economy and Canadian economy like night and day right now?
One area Canada could learn from though is free trade. While some US politicians (and especially Trump) can be quite foolishly protectionist, the US overall is still more pro-free-trade than Canada. Again, we can nit pick on Trump and US agricultural subsidies, etc. I'm by no means saying the US is perfect. But overall, the US still allows freer trade than Canada does. That's one thing Canada can learn from.
That said, if the US chooses a trade war, while the US economy will hurt (and yes, the US is now facing rising debt and inflation), the Canadian one will hurt even more due to our smaller market. In short, free trade benefits both sides, but Canada more. Protectionism hurts both sides, but Canada more. Again, that's just because of our relative markets. Americans are complaining about rising costs too though.
I think Canada can also learn from the US'lower minum wage which reduces the risk of the government legislating an unskilled worker into unemployment.