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Canada + USA in crisis but there are differences

This is not my (penned) article, but it gives a realistic opinion and an encouragement to look beyond the National Headlines of main stream media and realize that although both countries are jostling for a change to their economic positions that this situation has been in flux for a long time. It's just time for a reckoning to the benefit of everyone. Take a read.... Note again: This is not my opinion - just reporting for info.
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by Alasdair Roberts

Updated 21:07, Oct. 24, 2025 | Published 14:00, Oct. 24, 2025

Donald Trump has called off trade talks with Canada after the Ontario government ran an anti-tariff ad campaign. (File photo from October 13 by Suzanne Plunkett, Pool Photo via AP)

The United States is in crisis and, therefore, Canada is in crisis. These conjoined crises have common features. Both involve reimagining national strategy, and also questions of federalism. But the similarity ends there.

That the United States faces a “crisis of democracy” is widely acknowledged. It began in the early twenty-first century and accelerated after the global financial meltdown of 2007/08.

Americans are deeply polarized about what has gone wrong with the system and how to fix it. There is a red-state view and a blue-state view. The struggle in Washington has become brutal, as each camp seeks to execute its own vision of a new national strategy and obstruct execution of the alternative vision.

My own diagnosis of the current moment differs somewhat from both red and blue views. The American system as a whole is not in crisis. There are tens of thousands of governments (state, regional, local) in the US, and the overwhelming majority are working as they always have. This is largely a crisis of central institutions, which have proven incapable of managing polarization and are probably making it worse.

I have argued that this crisis is the unintended consequence of decades of centralizing reforms. The architecture of American federalism has changed significantly since the 1930s. The power of national government—Washington—has expanded. At the same time, power inside Washington has shifted, so that presidents are much more influential than they used to be.

This bipartisan project of centralization proceeded on the assumption that regional and ideological differences inside the US were fading away. If most people were on the same page, then it would be easier for Washington to make decisions on a broader range of topics. At the same time, people on the losing side of national elections would be unhappy but not distressed by the outcome.

The assumption of homogenization no longer holds, if it ever did. Regional and ideological differences are widening. In fact, they are stoked by centralization. Because so much power rests at the centre, national elections are immensely consequential. Rising polarization has produced gridlock in Congress, more attempts by presidents to act unilaterally, and increased arbitrariness and unpredictability in federal policy making.

The tumult in American foreign policy over the past decade—on questions of trade, defence, alliances, and support for international institutions—is symptomatic of a federal system whose current design is mismatched to the realities of American society.
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swirlie · 31-35, F
The United States is in crisis and, therefore, Canada is in crisis.

This quoted statement is categorically false and comes from the mind of someone who knows nothing about Canada.

Canada does not and has never moved in lockstep with the USA on any matter, as evidenced by the US-led 2008 global financial crisis involving the mortgage and lending debacle within the retail banking industry in the USA. Canada was the only country in the world who did not go into financial meltdown mode as a result of American financial incompetence which spread globally.

The reason Canada did not go into financial meltdown mode is because Canada uses an entirely different system of financial management than the USA uses in their banking industry. In contrast, the American system was causal for all other nations to experience meltdown in 2008 because those other countries follow and therefore use the US model of economics and fiscal responsibility, of which the US model has proven itself to be impotent at best.

Canada on the other hand, follows nobody and never has. This is why the Canadian economy did not self-implode or come anywhere near imploding during the US-led financial crisis of 2008.
JollyRoger · 70-79, M
@swirlie On the economic issue you chose for a focus, you are absolutely correct!
However, on matters of defence, Canada has always purchased American technologies to our own detriment = remembering the debacle of surrender of the Arrow and the empty promise of the Bomarc which was so soon outdated and we are STILL dependent on the USA as a shield - so much so that every move we make is subjected to USA approval.
On the matter of vehicles: We lose again as just this year Stellantis is moving its 'shop' back to the USA and damaging our workforce.
On the matter of lumber: Canada has long sustained the building trades in the USA by providing dimension lumber of top quality while our own tradesmen work with #2 and less quality products - even with plywood!
On the legal front: (I worked in Intepol) The Huawei woman, Meng Wanzhou was held for the American government on their request for Canada to extradite her to the USA for trial..... those warrants require the requesting country to produce their evidence within 90 days.... that farce went on for over 2 years and what did Canada lose? 1/ we were sanctioned by China; 2/ two of our people were arrested and held on 'suspicion of espionage' and when did it end? 1/ It hasn't; 2/ the men were released with no trial as soon as the woman was released. tRUMP must have had a good laugh at the havoc he caused us, and we're just now healing the wound with China.

But: Yes, Canada's integrated banking system is far superior to the 'independent' banking system the USA uses.... AND: we're not a greedy people!