Any hopes that China would become as lucrative a market as the United States with its own special relationship have been dashed by the hard lesson that China has no special relationships beyond those that serve China.
China’s economic performance is not as robust as many would like to think and its bravado on the international stage is likely to backfire. Despite the seeming strength of China’s economic rise, its position remains fragile.
Federal-provincial negotiations can be acrimonious but that they occur is a testament to the strength of the federal system rather than a weakness. It is only when everyone stops talking that should there be real concern as to the future and stability of Canadian federalism.
Canada has seen the wealth share of the top 10 percent decline while that of the next 40 percent has increased. What is truly remarkable is how poorly the bottom 50 percent have done over time, with their share remaining practically constant at under 10 percent.