Why has Canada GDP trail countries like Australia, Switzerland, Netherlands, United States, and Singapore?

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I can add a bit more context around why Canada GDP has under performed other countries:

1. Canada natural resources development have trailed countries like Australian Government for many years. I estimate the taxation and regulatory burden by the federal government has led to a loss of about $60-70B per year in loss GDP. Here is my work on mining, forestry, oil, gas, metals, non-metals, and agriculture.
2. Canada lack of innovation as compared to its peers has also led to lower GDP growth for the past 8 years - https://www.visualcapitalist.com/most-innovative-countries-2022/. I have suggested over the years there needs to be better partnerships between the private sector and all levels of government. This meant that all colleges and universities should be incubators! https://www.slideshare.net/paulyoungcga/policy-review-innovation-and-scientific-research-rd-canada
3. Canada manufacturing sector continues to look at ways to embrace technology. Canada has trailed the United States and Mexico when it comes to near-shoring of manufacturing investment - https://www.tmf-group.com/en/news-insights/articles/2023/august/nearshoring-in-mexico-local-expertise-makes-all-the-difference/
4. Canada has been not able to get both a fipa and trade deal done with India - https://globalnews.ca/news/9935117/canada-india-trade-talks-pause/ -
5. Canada has competitiveness issues including low productivity -https://fraserinstitute.org/blogs/imf-report-spotlights-canadas-economic-woes or https://www.slideshare.net/paulyoungcga/how-to-address-competitiveness-for-canada-august-2022pptx
6. Canada oil and gas sector is one of the most ethical and environmental natural gas and oil sector in the world. Lack of focus on driving oil and gas exports has hurt Canada GDP per capita as compared to their peers like Qatar - https://financialpost.com/commodities/energy/eric-nuttall-canada-wealthy-qatar-saudi-arabia-lng
7. Canada was late in the game when it came developing critical metals as compared their peers like Australia, Bolivia, Argentina, and Chile - https://www.slideshare.net/paulyoungcga/how-best-to-support-clean-technology-through-better-management-of-critical-metals
8. Canada agriculture sector has faced many challenges including higher input costs driven by climate policies like carbon taxation - https://www.slideshare.net/paulyoungcga/what-is-next-for-agriculture-sector-august-2023pptx
9. Canada has not been able to attract semi-conductor investment like State of Arizona - https://www.international-construction.com/news/9-of-the-biggest-semiconductor-factory-construction-projects/8029966.article
10. Lack of focus on economic and taxation policies to support all aspects of the economy. The governance model for Canada needs to change - https://www.slideshare.net/paulyoungcga/how-to-improve-the-governance-model-for-the-public-sector-governmentpptx
11. All levels of government need to work with privacy sector on biodiversity policies that will drive commercial, industrial, residential, and institution construction investment in a sustainable way - https://www.dhirubhai.net/pulse/global-biodiversity-why-proposed-changes-ontarios-greenbelt-young

I think it is time for the government of Ottawa under Justin Trudeau and his team to work with Government of Alberta or Government of British Columbia or Government of Saskatchewan or Government of Yukon or Government of Nunavut or Government of Northwest Territories or Government of Manitoba or Ontario Government | Gouvernement de l’Ontario or Quebec Government or Government of New Brunswick / Gouvernement du Nouveau-Brunswick or Government of Nova Scotia or Government of Newfoundland and Labrador or Government of Prince Edward Island or Canadian Chamber of Commerce Canadian Federation of Independent Business Federation of Canadian Municipalities and others.

CPA Ontario Chartered Professional Accountants of Canada (CPA Canada)

PwC Canada BDO Canada ey canada KPMG Canada Grant Thornton (US)

#GDPgrowth #productivity #innovation #innovationcenters #R&D #climatechange #FDI #tradedeals #FIPA #taxation #economicpolicies