Canada forgot to plan for its future by leaning on oil and the loonie
Canada didn&#x27;t forget anything. We have a diverse economy with common sense measures like reducing our net debt to GDP, while keeping a fully funded retirement pension fund (CPP, unlike SS, actually invests in the public market).<p>Even the way we do provincial transfer payments is sane. While one industry is booming (Oil, manufacturing, tech) other &quot;have not&quot; provinces get payments through the federal government. This brings a measure of stability to the system.<p>No rational economist can look at the situation in Canada and say that &quot;Canada forgot to plan for its future by leaning on oil and the loonie&quot; it&#x27;s a ridiculous statement.<p>Criticizing Canada&#x27;s action on climate change is warranted, but our federal economic policy has been quite level headed.