In “The atrophy of the Canadian manufacturing sector has gone too far”, the National Bank of Canada highlights how, from 2018 to the time of the article's publication on December 23, 2024, Canada's manufacturing sector regressed by over 5%, affecting “no fewer than 15 of 18 manufacturing industries”, and calls this “a concerning indicator of economic erosion”. However, during the same time period, U.S. manufacturing has grown by 10%. Why do you think that is?
