Wednesday, July 7, 2021

FIXING THE UNSUSTAINABLE ATLANTIC BUBBLE

A month ago, the Chronicle Herald published an article in which I argued that the Atlantic Canada economy is unsustainable and that the region has become a major burden on Canada. The starkest evidence of that is that other Canadians are obliged to contribute $6,400 to support each Atlantic Canadian each year.

The usual tired arguments come out every time commentators point out the risks of this. For example, some observe that the region educates so many people that it partly offsets the region’s financial deficit even though they never talk about the brain drain the other way – the number of educated people from the rest of Canada that live in the Atlantic region.

Commentators in the Atlantic region always ignore the changing political forces and economic circumstances in Alberta and Ontario that make it more difficult for taxpayers in those provinces to continue to support Atlantic Canadians.

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