Falling On Deaf Ears

It’s not just the federal government that isn’t that interested in Balsillie’s advice. Most provincial governments couldn’t care less either.

Balsillie said those who thrive in today’s economy own and control intangible assets such as data, AI and IP, and the U.S. has “turbocharged their capture,” but Canada’s economic game plan has stayed stuck in the decades-old “tangible production economy era,” while the new assets of the new economy require different strategies.

14 Replies to “Falling On Deaf Ears”

  1. It’s going according to plan
    No pipelines
    No auto industry
    No steel industry
    Just TFWs, Timmies, Staples, on the phones
    Announcements, building faster than every before.
    Join EU.
    Buy Canada (really anything).
    A Gordie Howe bridge to where?
    Sell BC LNG to Germany.
    Just reverse every Trudeau law/reg/initiative.

    1. So Canada buys LNG from Australia (long route getting here), and may ship to Germany from BC (I suspect that route will be rather long too). Goddamn Liberals!

  2. And in the meantime we are constantly bombarded with ads from the Feds and Ontario saying how great everything is, and getting better going forward! I’d love to know how much these ads cost and whether the advertising firms have connections to ‘government’. No info will be provided here! Not our business.

    1. “…bombarded with ads from the Feds and Ontario saying how great everything is…”

      I’m pretty happy to say that I haven’t seen a single one of those ads.

      Might be time to cut the TV cord, Steve. Why pay to be lied to?

  3. Reminder that #JimBalsillie used to run Blackberry, Canada’s jewel in the crown. Where’s Blackberry these days? It’s dead, Jim. Sold to the Commies for a buck fifty and a hot weekend in Beijing.

    So #Jimmy can say what he wants about the “tangible production economy era” being old and busted, and Big Data being the new hotness. I will merely note that you can’t eat data, and you can’t heat your house with it.

    It might be pretty profitable to grow food, refine metals and dig up uranium to run in Candu reactors, not to mention all that juicy oil and coal we could be selling. Them guys building data centers gotta eat.

    1. I actually liked my Blackberry. I liked the physical keyboard and I miss it.

      But they couldn’t keep up with iPhone and Android. All the Android phones worked on a common operating system that was backward- and forward-compatible. Whereas each model of Blackberry had its own, unique operating system. The app developers simply couldn’t devote enough resources to write new apps for every Blackberry.

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