Waiting for Donald Trump to fail is a bad economic strategy for Canada, here’s why...

Despite claims that the American economy is in the tank, it is outperforming Canada on most metrics.

The Carney government’s strategy, such as one can be deduced, appears to be waiting for Donald Trump to fail. Whether believing that the American economy will sink due to tariffs and trade disruptions or hoping that the U.S. Supreme Court will overturn his tariffs, waiting seems to be the only strategy.

Here’s the real problem with that strategy, the American economy continues to growth stronger and faster than the Canadian economy by most measurements.

“Real gross domestic product (GDP) increased at an annual rate of 4.3 percent in the third quarter of 2025 (July, August, and September), according to the initial estimate released by the U.S. Bureau of Economic Analysis. In the second quarter, real GDP increased 3.8 percent,” the report from the Bureau of Economic Analysis said Tuesday.

Meanwhile, Canada’s GDP in the third quarter grew at an annualized rate of 2.6%, that is well below the American growth rate. Things aren’t looking good for the fourth quarter with StatsCan reporting that Canada’s GDP contracted by 0.3% in October.

That’s just one measurement; it doesn’t get better when you look at the unemployment rate, consumer spending, the unemployment rate or the manufacturing purchasing managers’ index – a key metric for the health of the manufacturing sector.