Trump, Tariffs, and Canada: Could This Force Economic Reform?

本站添加: 2026-05-27

[00:00:01]Some could argue that Trump's behavior makes him a pompous lately and I would tend to agree.

[00:00:08]But what he's doing to Canada right now forcing us to look within and streamlined our economy, hopefully get rid of some regulations that aren't effective, is going to be a blessing in disguise.

[00:00:21]I think if we look back on this, you know, 3 to 5 years down the road, we're going to realize that the pressure that was forced upon us by the Americans will have forced us to clean up our house and put our economy in a much stronger position going forward. And it's something we needed to do regardless. We just needed some kind of catalyst to make us do it. And hopefully our new government in the near future sees that and acts upon it because Can- Canada is in a productivity crisis. Our central banker has said this. Our previous government has said this.

[00:00:58]It's something that needs to be addressed right away regardless of whether or not we're being forced upon us by our neighbors.

[00:01:04]So, as you can see here, the Fraser Institute recently released a report about the regulation in Canada and how it's stifling innovation, how it's suffocating our economy. It's costing us over a hundred billion dollars a year alone just in these regulations. Now, sure, some regulations are effective and they're good and I and I agree with that. But there's no transparency on the cost of these regulations and whether or not they're effective. I think using today's technology, specifically AI, we could come up with a means to be much more transparent in terms of the cost of these regulations and how effective they are.

[00:01:40]Just like a Just like a company that is incentivized to make profit, regulators should be incentivized to come up with the regulations that are effective. In order to do that, you need to be transparent in their effectiveness and also show how effective they are to the participants that must abide by those regulations and to the people that are enforcing them so that they know how to get better.

[00:02:03]Anyways, like I said, I think this force this this force that's being put upon us by the Trump administration is going to be a blessing in disguise. Take care everyone.