Competing Against America
Why Canada Has Fallen Behind in the Race for Talent and Wealth (And What to Do About It)
Written by Michael Alexander.
Published by John Wiley & Sons Canada, Ltd., 2005.
|Competing Against America shows Canadians why
we have been economically lagging behind the United States since the 1980s and
what to do about it. Michael Alexander takes the Canadian fabric and rips it
apart to expose how we have become a self-defeating nation when it comes to
creating social and business practices that might look impressive as a liberal
social agenda but cripple us in the economic marketplace. The author suggests
we take the best American practices, blend them with our own unique traditions,
and create a nation that achieves superior performance; that is, a society that
truly combines justice and prosperity.
Author Michael Alexander asserts that excessive taxes, massive bureaucracy and dysfunctional economic policies have resulted in rapidly falling productivity rates and declining standards of living for millions of Canadians. This alarming growth of the productivity gap has placed Canada at a serious disadvantage on many fronts. Talented Canadians are forced to seek better professional opportunities in the United States to avoid punitive taxation, thus further contributing to the ever-widening productivity gap between the two countries. The Chretien-era low-dollar policy prevented Canadian businesses from investing in technologies that would make them more competitive and productive. The unintended outcome of this policy created circumstances that made Canadian businesses rely on cheap labour resulting from the record-low dollar instead of innovative technologies designed for export.
Competing Against America is a wake-up call for Canada.
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This page last modified: October 12, 2005
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