Ostroeuropa wrote:Mulcair suggested penalizing primary resource exports, which suggests that at least the NDP is aware that canada could be more industrially developed.
This would have meant it became far cheaper to turn the primary resources into secondary or tertiary goods in canada rather than exporting them to be used elsewhere, and would have industrially developed canada.
That's a fairly classic economic move to develop a country. That it was suggested by one of the major party leaders should be telling.
Yes, exports of oil play quite a role in Canada's economy. And yes, out manufacturing sector has decreased overtime, as it has in every single developed country but it still remains quite strong. The sell of oil was making our dollar stronger which makes manufacturing less attractive, especially when we're right beside the USA and Mexico not being too far away relatively speaking. AKA He was talking about Dutch disease.
Being a net exporter of energy =/= being a developing country or else Norway is as well.