Greed Vs. Fear: The Economic Policy Killing Canadian Innovation

Canada has a massive problem: our national productivity is near the bottom of the G7. Decades of government policies, from free trade to tax cuts, haven't worked.Why? Because policymakers are focused on greed (incentives) and not enough on fear (competition and risk).We dive into the core failure of Canadian economic policy, exposing how corporate welfare and easy access to foreign workers kill innovation. Plus, hear the shocking truth about why Canadian retailers won't stock products from homegrown businesses until they succeed in the U.S. first.We discuss Charles Lamman’s critique and Don Drummond's "confessions" to find out how to fix Canada's risk-aversion crisis and finally push our economy forward.Chapters:00:00:00 | Defining Productivity: Real GDP per Hour Worked00:01:42 | Canada's Long Decline: The Charles Lamman Critique00:03:15 | Don Drummond’s Confessions: The Failure of Decades of Policies00:04:14 | Red Tape: The Omission That Stops Building00:04:51 | The Core Flaw: Too Much Greed, Not Enough Fear00:06:46 | Corporate Welfare and the Temporary Foreign Worker Trap00:08:01 | Canada’s National Risk Aversion: Why Retailers Look SouthResearch:Labour productivity and related measures, by business sector industry, seasonally adjusted, fourth quarter 2025Productivity is an urgent problem for Canada. The response? A 15-year studyConfessions of a Serial Productivity ResearcherCanada: Q4 Productivity Slips Under the Weight of Tariffs and UncertaintyFrom Bad to Worse: Canada’s Productivity Slowdown is Everyone’s ProblemEighteen ideas on how to kickstart the Canadian economyWhat Is Canada’s Productivity Performance and How Does It Compare to Other Countries?*Towards An Inclusive Innovative Canadahttps://canada2020.ca/wp-content/uploads/2017/02/020317-EN-FULL-FINAL.pdfhttps://www.ft.com/content/b7e6996b-f896-4a45-aad3-d1068e88341a?syn-25a6b1a6=1Out of Nowhere: How Canada Fell Behind AlabamaHosted by Mike Moffatt & Cara Stern & Sabrina MaddeauxProduced by Meredith MartinFunded by the Neptis Foundation https://neptis.org/