However you see it -- as separate from society or integral to it -- Canada's "economy" is increasingly at the mercy of a risk-averse, inept corporate elite addicted to government tax breaks, and an ideologically addled government which more than anything else is simply incompetent. It is a deadly combination -- a sort of dumb and dumber team slowly dragging us backwards at a time when the world is just hoping there won't be another economic collapse.
In this there is little that is really new. It just keeps getting worse, and seems that few in positions to challenge the situation or even expose it are willing to do so. It stems from both moral decay in academia, and political cowardice on the part of opposition parties afraid to seriously challenge the status quo.