Part 3/14:
Crown Royal’s departure is emblematic of a broader systemic failure that has characterized Canada’s economic environment in recent years. Despite the brand’s ongoing popularity and demand abroad, the costs associated with running manufacturing facilities here—rising energy prices, escalating taxes, regulatory burdens—have become insurmountable for many businesses. The Canadian government’s approach to industry has often been reactive, ill-equipped to provide the incentives necessary for retention and expansion. Instead of cultivating a competitive environment, policies have inadvertently pushed companies toward more hospitable jurisdictions.