Unfortunately, the public service part of the employment economy is so large that retrenchment is virtually impossible.

If you look at how Argentina went from being the wealthiest country in the world in 1900 to borderline third world in 2000, is was in many small steps, among them having a large overpaid public sector.

If you look at where Canada was in say 1970, it was usually in the top 5 in per capita gnp/GDP

Now? Not in the top 30. It used to be said that it was just countries that WWII leveled were returning to normal

But now Canada is being passed by several countries that were never ahead of it, like South Korea or Australia.

I guarantee Canada is the 21st century's Argentina. In 2100, outsiders will be asking, 'what happened?' (To retired Canadian civil servants in the south of France)