Business
Canada is falling apart and our leaders don’t seem to care

This article supplied by Troy Media.
By Perry Kinkaide
From regional resentment to rising crime, Canada is quietly breaking down. Pretending everything is fine won’t fix what’s broken
Canada is coming apart—not with a bang, but with a shrug. The signs are everywhere: sluggish growth, rising crime, fractured provinces and governments too paralyzed to act.
What used to be one of the world’s most stable democracies now feels adrift. Regional tensions are rising, and the country’s ability to respond is
weakening. Too many of our leaders are dodging responsibility instead of fixing what’s broken.
While the collapse isn’t imminent, the decline is real —and speeding up.
Can Canada be saved? The answer to that question starts with the economy.
Canada’s economy is stalling
According to the Organisation for Economic Co-operation and Development and the International Monetary Fund, Canada’s gross domestic product per capita grew just 2.3 per cent between 2015 and 2023. In the U.S., it grew by 8.5 per cent. Labour productivity has dropped for six straight quarters. Business investment per worker is now 50 per cent lower than south of the border.
This isn’t just a rough patch. It’s a warning. If the economy stalls, everything else—health care, education, infrastructure—slows down too.
Despite the 2017 Canadian Free Trade Agreement, provinces still block or restrict the flow of goods, services and workers. A Senate report estimated these barriers cost the economy up to $130 billion a year, or about $3,000 per person.
The list is long: different building codes, licensing rules, trucking limits, even alcohol sales.
Canada’s supply management system—covering dairy, poultry and eggs—keeps prices high and locks new farmers out of the market. It’s a system from another era, and we’ve refused to confront it.
Regional resentment is growing
Just as the economy is divided by protectionism, Canada’s federation is divided by frustration. Economic pain isn’t evenly spread. It’s concentrated—and getting worse.
Alberta and Saskatchewan contribute billions through equalization, a program meant to help provinces deliver equal services. But most of that money flows east, even as major energy projects in the West are blocked by the same federal government that collects the cheques. Quebec, the biggest recipient, often resists national projects while asserting its autonomy. Atlantic Canada remains deeply reliant on transfers, reinforcing dependence instead of development.
This isn’t just a fiscal imbalance. It’s a political rift. Western alienation isn’t about attitude. It’s about policy.
Canada’s cities are under pressure
Urban centres are cracking under the weight of rising crime, addiction and untreated mental illness. Violent crime rose five per cent nationally in 2023. Car thefts are up more than 24 per cent, driven by organized crime networks. In B.C., fatal overdoses are now the leading cause of death for people aged 10 to 59 Cities are drowning in problems they can’t solve. Police are stretched thin. Prosecutors are dropping cases. And governments higher up the ladder don’t want to deal with the hard stuff.
Meanwhile, trust in public institutions is falling. Antisemitic incidents hit a record high in 2023. The national fabric is fraying.
It’s not too late, but we need real reform
Canada needs more than small fixes. The first step is to remove interprovincial trade barriers with enforceable legislation. If needed, we should consider constitutional reform.
We must phase out supply management with transitional support for farmers and shift toward global competition. We need national energy infrastructure— pipelines, LNG, clean power—and federal authority to prevent provincial obstruction.
Justice reform must include mental health courts, mandatory treatment for chronic offenders and better resources for frontline prosecutors and police.
And we need to restore trust. That means transparency, accountability and a national recommitment to free speech, pluralism and democratic values.
This isn’t about ideology. It’s about holding the country together.
Canada isn’t a failed state, yet. But it is failing. Economic gridlock, political fatigue, regional resentment and growing disorder are wearing down what once made this country work.
We still have the people, the resources and the institutions to fix it but only if our leaders stop pretending everything’s fine.
Canada can still save itself. But it has to start now.
Dr. Perry Kinkaide is a visionary leader and change agent. He has served as an advisor and director for various organizations and founded the Alberta Council of Technologies Society in 2005. Previously, he held leadership roles at KPMG Consulting and the Alberta Government. He holds a BA from Colgate University and an MSc and PhD in Brain Research from the University of Alberta.
Alberta
Moving to single 8% provincial personal income tax rate would help restore the Alberta Advantage

From the Fraser Institute
Moving to a single eight per cent personal income tax rate for all working Albertans would dramatically improve the province’s competitiveness among
energy-producing jurisdictions, according to a new study published by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“It’s crucial to restore Alberta’s historic tax advantage and understanding how changes to personal income tax rates affect provincial revenues is critical for informed policy decisions,” said Ergete Ferede, Fraser Institute senior fellow and author of Revenue Effects of Tax Rate Changes in Alberta.
The report examines two potential tax reform scenarios and their impact on provincial revenue: an immediate adoption of an eight per cent single tax rate starting in 2025; and a gradual move to that same rate over three years.
An immediate switch to an eight per cent single personal income tax (PIT) rate would decrease PIT revenue by about $6.1 billion (a 35.6 per cent reduction) in the first year.
A gradual transition over three years would start with a smaller loss of $264 million (a 1.5 per cent reduction) in 2025 increasing to $6.9 billion (37.0 per cent reduction) by 2027. However, these estimates may overstate provincial revenue losses as they do not account for the potential positive economic effect of personal income tax reductions on other revenue sources.
Alberta’s current combined federal and provincial personal income tax rate stands at 48 per cent—ranking 10th highest out of 61 jurisdictions in North America—and is significantly higher than other energy-producing regions such as Texas or Wyoming. Implementing a single 8 per cent tax rate would help re-establish Alberta as a low-tax jurisdiction, lowering its rank to the 16th lowest among the 61.
“The potential to strengthen Alberta’s economic position through tax cuts must be considered along with the revenue implications for the government,” Ferede said.
Banks
Canada Pension Plan becomes latest institution to drop carbon ‘net zero’ target

From LifeSiteNews
Changes to the law require companies to more rigorously prove their environmental claims.
The investment group in charge of Canada’s governmental pension plan has ditched its “net zero” mandate, joining a growing list of major institutions doing the same.
According to the Canada Pension Plan (CPP) Investments’ latest annual report, the entity is no longer committed to carbon “net-zero” by 2050. The CPP’s ditching of the target comes after a number of major institutions, including the Royal Bank of Canada (RBC), Toronto-Dominion Bank (TD), Bank of Montreal (BMO), National Bank of Canada, and the Canadian Imperial Bank of Commerce (CIBC), all made similar moves in recent months.
While ditching the net-zero effort, chief executive of CPP Investments John Graham maintained that it is still “really important to incorporate climate and incorporate sustainability” in its long-term investment portfolio.
The dropping of the “climate” target comes as recent changes to Canada’s Competition Act now mandate that companies prove any environmental claims they make, with Graham insinuating these changes were a factor in the decision.
“Recent legal developments in Canada have introduced, kind of, new considerations around how net-zero commitments are interpreted, so that’s caused us to change a little bit how we talk about it, but nothing’s changed on what we’re actually doing.”
Over the past decade, left-wing activists have used “net zero” and “environmental, social & governance” (ESG) standards to encourage major Canadian and U.S. corporations to take particular stands on political and cultural issues, notably in promotion of homosexuality, transgenderism, race relations, the environment, and abortion.
Outside of Canada, many major corporations have announced they are walking back DEI and other related policies. Some of the most notable include Lowe’s, Jack Daniel’s, and Harley Davidson. Other companies such as Disney, Target, and Bud Light have faced negative sales due to consumers fighting back and refusing to patronize the businesses.
Since taking power in 2015, the Liberal government, first under Justin Trudeau and now under Mark Carney, has continued to push a radical environmental agenda in line with those promoted by the World Economic Forum’s “Great Reset” and the United Nations’ “Sustainable Development Goals.” Part of this push includes the promotion of so called net-zero energy by as early as 2035.
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