Part 5/13:
The collapse of the GM plant is emblematic of broader systemic failures. While U.S. states continue to expand their incentives with tax credits and streamlined regulations, Canadian policymakers have been crippled by slow decision-making and an overreliance on long-term visions that have failed to materialize into tangible support. The 24% cut to GM's tariff-free import quota—a punitive measure intended as leverage—further complicates the situation, adding economic pain rather than relief.