Australia and Canada are one economy—with one set of flaws
Welcome to Ozanada. Beware its business weakness
IF AUSTRALIA AND Canada were one economy, this “Ozanada” would be the world’s fifth-largest, bigger than India and just behind Germany. Considering the two in tandem is not as nutty as it seems. Weather aside, they have a remarkable amount in common. Both are vast land masses populated by comparatively few people and dangerous wildlife. Both are (mostly) English-speaking realms of King Charles III. Both export their rich natural resources around the planet. And both are magnets for immigration.
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This article appeared in the Business section of the print edition under the headline “Welcome to Ozanada”
Business June 3rd 2023
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