A simple fact of life in America is that a great many of that government’s actions have done pitifully little to improve the fortunes of many entrepreneurial businesses in the US.
The government boasts of record low unemployment, but the fact is that most of these are minimum wage jobs and only contribute marginally to the overall economy.
The government’s tariffs and the retaliatory measures being taken by trading partner countries have already started creating job and revenue losses for many manufacturing companies.
The government’s draconian travel ban is making it extremely difficult for entrepreneurs, especially in the tech sector, to import the best talent. The immigration policies and massive deportations have caused a farm labour shortage of epic scale, which means fruits and vegetable prices will skyrocket.
One of the major election promises of the current president was to create a massive program of infrastructure improvement. It’s been a year and a half and this is nowhere near materializing, which means more opportunity for business growth lost.
The current administration is made up mainly of climate change deniers, which in turn squelches opportunity for any level of government assistance for the development and expansion of high employment alternative energy businesses.
And the list goes on.
All of this, coupled with the government’s reluctance to play a part in several key cooperative international organizations are only serving to further isolate the country from the rest of the world and provide a substantial stumbling block to the process of globalization.
This is not only very odd but to entrepreneurs with a larger vision, this state of affairs becomes a real impediment to growth and expansion.
Where Do You Really Need To Be In A Globalist World?
America’s entrepreneurial spirit is being stifled by its own government’s isolationist agenda. In fact, the latest figures out report a marked decline in entrepreneurialism in the US.
This is a very sad state of affairs for a country that up to now has grown and thrived on innovative entrepreneurial thinking. And has employed millions in the businesses that this thinking has created.
But over the past year and a half, this situation has changed. The government’s, arguably reckless and poorly thought-out actions to date have created two dangerous situations:
- The imminent possibility of a major trade war, which will create havoc, especially, in the US manufacturing and agricultural sectors and have a huge domino effect into the supplier market and the services industry as well, not to mention its current trading partners.
- The continued isolation of the US from the rest of the world, as many new trade agreements going forward, will likely exclude the US, and severely limit America’s entrepreneurs’ ability to grow beyond their border.
None of this is the fault of the hard-working entrepreneurs in America, but America’s lopsided trade practices are simply making it an untrustworthy trading partner.
And it’s not political either because these trade practices, and the chaos they will undoubtedly cause, will adversely impact industries across the board. Politics notwithstanding.
An Increasingly Viable Alternative
Just to the north. It’s called Canada. We refer to it as #CanadatheGreat. Here’s why:
- Canada, as many American businesses know well, has a democratic free market economy, with an excellent natural resource base.
- Canada has solid trade relations with an ever-growing number of countries around the world.
- Canada has a well-developed and maintained industrial base, with a skilled workforce. We also have an immigration policy that allows businesses to attract the smartest tech, service, sales and manufacturing people from all over the world, which the US is in the process of severely curtailing.
- Canada has an extremely powerful communications system, with excellent, reliable business connectivity.
- Canada is filled to the brim with people who speak your language. And buy the things you sell.
- Canada has a number of programs to foster and reward entrepreneurialism.
- Canada’s government bureaucracy is less complex than that of the US, so relocation is that much simpler a process.
- Canada and the US will eventually have a reciprocal trade agreement, so your business can and will be able to do business in the US. But as the isolationism continues, your ability to do business internationally from the US will decline, so it can be validly argued that doing that same business from Canada will make your company a much more welcome business partner in the larger world.
Canada has always had a fair ‘open door’ policy when it comes to embracing entrepreneurial businesses and innovative thinking.
There is a very simple reason for this. And that is that Canada has fully accepted the reality of the future is that people from everywhere, especially those with much to contribute to society, should be able to live wherever they choose.
Our diversity as a country is our greatest strength, and one of the most important contributing factors in our economy.
The Reality Of The Current Business Climate In The US
Sooner or later, many entrepreneurs will start to feel the bloom fall off the rose, because of the current administration, under the guise of levelling the playing field, is actually employing tactics that create as much pain for American companies as they do for anyone.
The choice is surprisingly simple. Do you want to be in a closed market or one that offers you unfettered access to the world market?
Oh, Canada. It’s certainly something to think about.
If you are seriously considering relocation or expansion to Canada from the US, we would just like you to know that our network here in southern Ontario is complete with all the services you would need to make that a reality.
Should you like to know more, simply text, email, or call us. We are here for you.