Sorry for the paywall source, but informative article I'll excerpt. (BTW, highly recommend a subscription to The Epoch Times - one of the more objective, honest, and informative news sources available.)
The Bigger Trump Factor for Canada’s Economy That’s Going Unnoticed
...
On the same day this week that New Brunswick’s Irving Paper
said it’s closing half of its operations in the province,
Apple announced a US$500 billion investment in the United States.
Apple’s announcement came on the heels of
Saudi Arabia committing to a US$600 billion investment in the United States in January, and an Emirati businessman pledging US$20 billion to build data centres in the country earlier the same month.
Meanwhile, the Tissue subsidiary of Irving, whose Paper division cited rising energy costs for cutting operations in Canada, announced a US$600 million expansion to its operations in Macon, Georgia, in late November.
While the threat of Donald Trump’s tariffs on Canadian exports is garnering most of the attention, whether in the news cycle or amid the Liberal leadership race, an issue that may be getting overlooked is how the U.S. president’s focus on cutting taxes and regulations and using other tactics to attract business is impacting Canada’s competitiveness in getting investments.
“Our real problem in Canada is our anti-business culture,” says Philip Cross, a former chief economic analyst with Statistics Canada, and now a senior fellow with the Macdonald-Laurier Institute.
Cross told The Epoch Times that since tariffs will also carry major burdens for U.S. consumers, the likelihood of the United States maintaining high tariffs on all Canadian exports for an extended period of time is low.
“Apart from tariffs, [Trump] is doing a lot of other things, like cutting corporate taxes and regulations and everything else that make the U.S. a much more attractive place to operate as a business. That’s the real threat, not the tariffs,” he said.
....
www.theepochtimes.com
More later, time to dash to the gym.
