Canada aims to enhance economic potential with policy changes

Canada's economic outlook faces challenges, particularly with potential U.S. tariffs that could significantly impact GDP growth. However, there is a growing political consensus to enhance Canada's economic potential and reduce reliance on U.S. exports. Canada has vast natural resources and is well-positioned for global trade. To unlock its potential, the country needs to improve internal trade, simplify regulations, and attract skilled workers. Recent surveys show strong public support for removing trade barriers. Addressing housing shortages and efficiently utilizing immigrant skills are also crucial. With low debt levels and significant capital resources, Canada has the opportunity to invest in its economy and infrastructure, aiming to become a major economic force.