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I've read this thread from the beginning and I have to agree with EuropeanAnna. Canadians in general can't take any type of criticisms of their own country thinking that the status quo is the best there can ever be and nobody should rock the boat. It's one thing that holds back Canada from being better than it could be.
I'm not entirely sure I agree with this broad sentiment.
Try criticizing Americans--suddenly the flags come out, the "We could take you any time we want" statements, the "You're socialist" accusations, and the "We're freer than you 'cause we can own guns" remarks. Or criticize the UK, and you'll hear how it had an empire bigger than Rome's. Or criticize Australia, Spain, Greece, and watch their nationals rise in defense of their country and its way of life. It's a normal reaction, in other words.
That being said, sometimes it's the way the criticism is put. We've had a number of Americans come into this forum, trumpeting the superiority of their system over ours, and wondering when we will ever come to our senses. At the same time, we had a number of foreigners (Americans included) come in here and ask questions like, "How does Canada deal with ____, and is that working for you? Don't you think you could improve things if you ____-?" The former gets us on the defensive; the latter typically leads to a good discussion.
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We should learn to be more self critical and always find ways to do things better ftom other places. I was born and raised in Canada but travelled extensively and I can see that clearly. I'm not afraid to admit that Canada can be lacking in some ways and I won't be offended if someone tells me what they think is a shortcoming of this country.
I agree. I think Canada has many sacred cows, and we need a full and frank discussion about them--something Canadians seem to be reluctant to do.
Recent? Those guys are older. And like I said. You are coming up with excuses. The success ceiling in america is astronomically higher regardless of the why.
Of course they are recent.. These companies exist now and will continue to exists for generations so the people who run them and those who will be running them are up and coming now.. They are in perpetuity. For example, the next CEO of Brookfield could very well be someone in his or her 30's that will take the reign. It would be easy for you to google search young Canadian entrepreneurs and successful business leaders in Canada to get a plethora of young Canadian success stories and yes - future multi millionaires and billionaires.. If your argument is there are more young billionaires in the U.S than Canada - sure there are.. Bigger country.
The success ceiling in America is astronomically higher? No its that it is 9X the size of Canada so there are 9X more representations of success.. It is more visible simply because there are more examples. That is not an excuse - that is a fact..
Of course they are recent.. These companies exist now and will continue to exists for generations so the people who run them and those who will be running them are up and coming now.. They are in perpetuity. For example, the next CEO of Brookfield could very well be someone in his or her 30's that will take the reign. It would be easy for you to google search young Canadian entrepreneurs and successful business leaders in Canada to get a plethora of young Canadian success stories and yes - future multi millionaires and billionaires.. If your argument is there are more young billionaires in the U.S than Canada - sure there are.. Bigger country.
The success ceiling in America is astronomically higher? No its that it is 9X the size of Canada so there are 9X more representations of success.. It is more visible simply because there are more examples. That is not an excuse - that is a fact..
So you have 9X succeeding rate in america then. 9 to 1. That is huge. And I'm talking about people that did it. Not just theory. People who flat out did it and are famous for it. The people I mentioned did it in less than a decade out of mom's basement. How long did your examples take? And how mu ch government funding did they have?
Funny that I google successful young canadian entrepreneurs. Forbes 30 at 30. Where did they end up getting rich? Usa. Lol.
I would agree with you in that there are certainly more examples of Canadian transplants going to the U.S than vice versa. The whole economies of scale thing comes to play whereby when you reach a certain size there is a black hole effect. I would actually love for more people to stick with Canada to build up the business environment here.. Sometimes they do come back though and they do use their talents here. With that said, I think if you look a little deeper than simply one link - Forbes you will absolutely see young Canadian talent here. In many cases that young talent isn't even on a google search but is an up and coming Director or V.P of a large Canadian or even Canadian MNC.
I would agree with you in that there are certainly more examples of Canadian transplants going to the U.S than vice versa. The whole economies of scale thing comes to play whereby when you reach a certain size there is a black hole effect. I would actually love for more people to stick with Canada to build up the business environment here.. Sometimes they do come back though and they do use their talents here. With that said, I think if you look a little deeper than simply one link - Forbes you will absolutely see young Canadian talent here. In many cases that young talent isn't even on a google search but is an up and coming Director or V.P of a large Canadian or even Canadian MNC.
I don't think earning a spot as a director for an established company is an entrepreneur. I'm talking ground up and flourishing. The true innovators. Not fast climbing corporate people.
So you have 9X succeeding rate in america then. 9 to 1. That is huge. And I'm talking about people that did it. Not just theory. People who flat out did it and are famous for it. The people I mentioned did it in less than a decade out of mom's basement. How long did your examples take? And how mu ch government funding did they have?
NO does not have 9X the success rate because it has 9X the people.. If the U.S had 9X the success rate of Canada its GDP would be over 140 Trillion dollars per year. You're confusing absolute instead of relative.
As it sits Canada's GDP is 1.8 trillion (correction from earlier post not 1.8 billion its trillion)
The U.S is 18 Trillion.
If Canada had 9X its population its GDP would be 16.2 Trillion. In order for the U.S to have 9X the success rate it would need to have 16.2 Trillion X 9 which (when adjusted for population) for a GDP of around 140 Trillion dollars.. If it had a GDP of 90 Trillion dollars than i'd eat crow.
NO does not have 9X the success rate because it has 9X the people.. If the U.S had 9X the success rate of Canada its GDP would be over 90 Trillion dollars per year.
As it sits Canada's GDP is 1.8 trillion (correction from earlier post not 1.8 billion its trillion)
The U.S is 18 Trillion.
If Canada had 9X its population its GDP would be 16.2 Trillion. In order for the U.S to have 9X the success rate it would need to have 16.2 Trillion X 9 which (when adjusted for population) for a GDP of around 90 Trillion dollars.. If it had a GDP of 90 Trillion dollars than i'd eat crow.
So it doesn't make sense to use relativism for economics. Unless your proving your point I guess.
So it doesn't make sense to use relativism for economics. Unless your proving your point I guess.
Sorry another mathematical error - its late. 16.2 X 9 is 144 trillion so the U.S would need a GDP of over 140 trillion to have 9X the success rate as you say.
To your point I think you need to look at prosperity from the perspective of population and not just absolutes. Sure the U.S has 10X the GDP of Canada (a bit more not much) but it also has 9X the population so you have to account for that.. Now if you delve further and look at things from the perspective of how much the ultra wealthy skew GDP per capita well than you may actually make a stronger point for your argument whereby it may have 1.25-2X the success rate for the ultra wealthy. I'm not sure you'd have to do some research.
Canada typically is a more egalitarian society. The GDP per cap in the U.S is greater than in Canada yet median family incomes are about the same which points to the fact that there are more representative examples of people with wealth than in Canada.. 9X hardly but certainly I would say if you want to be wealthy it is a better environment. With that said, does that negate the Canadian environment for successor potential - of course not. That is why i'm taking you to task - you are being dismissive.
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