Friday Focus: America's security guarantee is tested, while Canada's AI strategy comes up short

Iran and the U.S. remain locked in a dangerous standoff over the Strait of Hormuz that could drag on for weeks. How does this end? What pressure points could force either side to negotiate in good faith? Meanwhile, Iran continues to strike American allies across the region without a meaningful U.S. military response. What message does that send about the credibility of America's security guarantees?In the second half of the show, Rudyard and Janice examine the government's new AI strategy. Filled with promises of sovereignty, privacy, and transparency, it may sound reassuring on paper—but where is the plan to counter the growing power of the tech giants that control this technology? Talk of sovereign AI and stronger privacy rules is meaningless without a strategy to compete with companies that are increasingly viewed as strategic assets of the U.S. government.And while Ottawa talks about AI, it continues to ignore the deeper reforms needed to unlock growth: tax reform, regulatory reform, and stronger competition policy. Canada cannot build an AI economy without first addressing the structural barriers holding back its broader economy.Become a Munk Donor ($50 annually) to get 72-hour advanced access to the full length editions of Friday Focus and Munk Dialogues. Go to www.munkdebates.com to sign up. Hosted on Acast. See acast.com/privacy for more information.