• CanAmericaNews
  • Posts
  • Canada’s Decade of Economic Drama: How Trudeau Governed and the Government Ballooned

Canada’s Decade of Economic Drama: How Trudeau Governed and the Government Ballooned

Sorting Out the Chaos — How Trudeau’s Ten Years of Governance Unraveled Productivity and Swelled the State

In partnership with

Picture, if you will, a nation caught in the grip of a prolonged malaise — a slow, creeping failure of responsibility, of competence, of order. This is Canada under Justin Trudeau’s decade-long stewardship. And you might say, it’s a profound case study in what happens when well-meaning intentions meet the chaos of reality, but without the rigorous discipline that true leadership demands.

But first let’s talk about today’s sponsor:

Learn from this investor’s $100m mistake

In 2010, a Grammy-winning artist passed on investing $200K in an emerging real estate disruptor. That stake could be worth $100+ million today.

One year later, another real estate disruptor, Zillow, went public. This time, everyday investors had regrets, missing pre-IPO gains.

Now, a new real estate innovator, Pacaso – founded by a former Zillow exec – is disrupting a $1.3T market. And unlike the others, you can invest in Pacaso as a private company.

Pacaso’s co-ownership model has generated $1B+ in luxury home sales and service fees, earned $110M+ in gross profits to date, and received backing from the same VCs behind Uber, Venmo, and eBay. They even reserved the Nasdaq ticker PCSO.

Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.

Let’s start with the economic foundations — the bedrock of any thriving society. Over ten years, Canada’s real GDP per capita grew by a puny 0.5%. That’s not growth; that’s stagnation masquerading as progress. Why? Because business investment declined, exports faltered, and productivity — the very engine of prosperity — slowed to a crawl. It is as if the nation lost its will to innovate and compete. Population growth alone cannot compensate for this lack of productivity; it merely obscures the underlying rot.

Amidst this economic torpor, the government grew unchecked, expanding its spending by nearly 60%. Social programs, health care, green initiatives — all received generous infusions, yet outcomes remained stubbornly unimproved. Healthcare wait times worsened, a clear signal that increasing resources without efficiency and accountability is a futile exercise. The ballooning state became a parasite on productivity rather than its catalyst.

Taxes, naturally, followed the expanding government — personal income tax revenue increased steadily, corporate tax fluctuated unpredictably — a chaotic fiscal dance that reflects the lack of coherent economic vision.

But lest we despair entirely, there were infrastructural efforts of note — GO Transit expanded, Ontario’s nuclear reactors underwent multi-billion-dollar refurbishments, Toronto embarked on ambitious light rail projects, and British Columbia pushed forward its hydroelectric ambitions. The federal government put forth an extensive plan to invest in infrastructure, aiming to modernize and create momentum. Yet these projects often symbolize delayed action and bureaucratic inertia as much as progress.

What lessons can we draw? Growth requires order, responsibility, discipline — not just spending and grand plans. Productivity must be nourished, not neglected. Governments must be lean and efficient, not fat and indifferent. This decade under Trudeau is a stark reminder that without these principles, prosperity is elusive.

If you seek a deeper understanding of Canada’s economic and political saga — a call to clarity amid the noise — subscribe to the CanAmericanews newsletter. Engage with ideas that challenge complacency, celebrate competence, and demand responsibility. Don’t just accept the chaos — confront it.

Subscribe now. The future demands it.

#CanadaEconomy #TrudeauLegacy #EconomicResponsibility #GovernmentGrowth #InfrastructureInvestment #JordanPetersonTone