14 Comments
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Sharon Boyes-Schiller's avatar

I can absolutely recommend the tech industry in Estonia. I’ve been watching them for years. Canada would benefit from partnership and investment for certain.

James R Wilson's avatar

Almost by definition, mutual and voluntary investment and trade amoung friendly nations is nation building. This is what the post-war world order was all about. The ideas behind that order were promoted among others by the economist J.M. Keynes, and seconded by the U.S. in their own trade laws that generalized the "most favored nation" principle. Canada must now, simply but resolutely, carry that torch from the faltering hands of our southern neighbor.

Alexis 🇨🇦's avatar

This should be a no brainer. It would be an investment not only for the Baltics but also as a pathway to new trade deals as well as peripherally buttressing NATO.

Considering that the US believes that threatening Canada continuously on trade and recently removing it from a Military organization that has benefitted both side for nearly half a century, Canada MUST accelerate its detachment from them!

Shankar Narayan's avatar

lets keep pushing. I will get a bit more detailed. Once done we can fire it to the trade minister and the PMs office

Kevin 🇨🇦's avatar

Canada’s largest overseas troop deployment of about 2,000 CAF members is in Latvia - why not make a further investment IT and tie it into drone defense for all 3 Baltic countries? This seems like a logical continuation and would be a good way to involve Ukraine into the equation as well.

Kary Troyer's avatar

A $50 million investment is still pretty small. But we must start somewhere to build the fund in depth and breadth. This is not foreign aid which is an expense. It builds the 3+1 both directions simultaneously. And the growth compounds over time. And the ties deepen over time which deepens security and resilience. And it provides a clear marker for friends that Canada can be trusted and is trusting. And a similar marker for aggressors to contemplate.

Donna Sinclair's avatar

Excellent advice. Clean energy from Latvia. Etc. investment away from the USA. All good. This member of the public is enthusiastic.

Jean-Marc Pelletier's avatar

The problem as I see it: Canada is not a technology oriented country. Except for Canadarm and Nortel, let's be honest: no major technology breakthrough coming from Canada. And if you compare Canada to even a small country such as Sweden (Nokia, Saab automobiles, Volvo cars (Chinese owned), Volvo trucks, Ericsson, Gripen jet fighters,...) what a shame.

And, so far, let's face it: when government needs money to build a hospital then allows a mining project to carry on and collect revenues to pay for such hospital. Same thing for lumber resources: sell a few acres of public land to some company, collect the income and use it to build schools or highways.

In fact natural resources are - were - so abundant then why bother to invest in technology and provide grants for higher education if, by selling our resources, govt can make it such that Canadians live healthy and happily?

This is why Estonia & ... don't present any sex appeal to Canada since they are more technology focused and we are more natural resources focused.

So let's hope that Carney's leadership will help Canada change course and invest in technologies of the future...

Maria Devereux's avatar

Back to the old biblical phrase "hewers of wood, drawers of water" to describe the Canadian economy- we can and must change that perception. Estonia is an IT powerhouse and we should invest substantially. They also have the most delightful singing culture there which is a nice fit for Canada.

I must confess you've caught us out Shankar- the old slogan ( 3+1) and photo-op trick- it's become cringeworthy over the years. Or as my son disparagingly calls us, "Canada the Good." ( But good at what?) We are good, but it's time to put our money where our mouth is, and way past time to support entrepreneurship.

Keith Williams's avatar

We should get the gutless risk averse wonders that is the Canadian business sector to invest. Oh, wait, they are gutless risk averse idiots who would rather sell out to a foreign power than take a chance on a Canadian company. Why should we be surprised if they don't want to do that to a Baltic one?

Bonnie's avatar

Haven’t some of these countries done a good job of educating their citizens on how to recognize “fake news” and misinformation. We could sure use that in Canada. 🍁

Kalyrn's avatar

We need that in Alberta right now. It’s a gong show over here.

K Flowers's avatar

I second that ...tap it.

Frank Mosher's avatar

It sounds great. BUT, I would like to dig deeper into what the Baltic States have to offer in the IT field? It is really not their forte!I I have never witnessed anything on the Net good or bad from any Baltic state! Never! We love them as neighbors, but I am having trouble recognizing same for their IT skills! I could be wrong!! Cheers!