This podcast interviews Jim Balsillie, former co-CEO of Research in Motion, about Canada's declining economic performance relative to the U.S. over the past 30 years. The discussion analyzes Canada's failure to adapt to the knowledge-based economy, highlighting the missed opportunity to capitalize on intellectual property and the lack of proactive government policies. Balsillie and Peterson discuss the implications of trade agreements and the need for a more strategic approach to economic development. A key takeaway is Canada's underperformance in the knowledge economy, exemplified by the loss of AI research advancements to U.S. companies. The interview concludes by assessing the potential of upcoming Canadian political leadership to address these issues.
