Ontario and Quebec were previously the manufacturing center of the nation and the government income generated by the two provinces helped build the world envied nation making it a ‘have’ country. The change to Alberta, British Columbia and Saskatchewan becoming the income generating regions of Canada has created new scenarios such as a shift in population and political power. To an extent the change has led to Canada becoming less of a world influence. Refraining from partisan political remarks the issue is actually the result of a great many factors. The world population is less ready to accept Canada and the rest of the western alliance countries as world leaders. With the rapid rise of China and India as world powers catering to dictatorships that often cruelly crush opponents must be tolerated to further trade needed to keep western economies strong.
The solution is probably not trying to recapture Canada of the past but to rework the country’s political and commercial direction. Canada is one of the world’s strongest nations in undeveloped and probably undiscovered resources. New initiatives are essential in the provinces with declining manufacturing together with expansion in territories and provinces with similar stagnant or declining prosperity.
Politicians and financial institutes are apparently satisfied with shipping Canada’s crude oil to other countries for refining. The offshore refined crude oil is then offered for Canadian distribution at grossly higher prices. Canada profits well from practice but the fact that oil could be refined in Canada should be a future consideration. Funding for crude oil pipelines to the United States, British Columbia and even the Canadian Arctic to facilitate easier, less expensive shipping could be replaced with similar funding to Canadian refineries. All it would take is political will and direction to convince the financial community to build new refineries in Canada.
The question arising from traditional resources going off shore for processing; is the same thing about to take place with the extreme wealth contained in Canada’s mining sector? With the discovery of the rich Ring of Fire ore deposit in Ontario that analysts claim will equal the economic impact of the Alberta Oil sands politicians should kick start Canadian resource manufacturing.
Change is inevitable. The relentless onslaught of technology embraced by every generation now using cell phones, tablets, and wireless internet connections points to the fact time is of an essence to begin seriously pursuing manufacturing of resources within Canada. The obvious alternative is the collapse of the country as it is known probably shifting to the type of separate country scenario in Europe as the provinces become possessive of the resources within their borders.