More specifically look what value-added manufacturing the USA has gained just this year with oil control:
Today we hear much evidence of the great cost all nations have paid for being convinced to become a service economy and offshore manufacturing. The USA never went to the extreme that Europe and Canada have in these directions and reversed course on energy policies from 2016-2020 and over the past year especially. The above chart captures how very valuable such energy policies are. We need to rebalance energy use regardless as fossil fuels are finite and how we currently use uranium is too limited. Energy rebalancing is in the offing. Now imagine how much better our performance would be had we never allowed ourselves to be knocked off balance. Imagine how much better off we could be had we never stopped building up rather than allowed epic disruption that has resulted in very costly building back.

TORONTO, July 7, 2026 /CNW/ - One year after manufacturers warned that U.S. tariffs posed an existential threat to their businesses, a new KPMG survey finds four in 10 manufacturers have moved production to the U.S. or are considering doing so as they adapt to ongoing trade uncertainty and mounting competitive pressures. The survey of 275 manufacturers finds that 57 per cent say they have paused, reduced, or cancelled capital expenditure projects due to economic uncertainty and trade and tariff threats, while 42 per cent have scaled back or paused research and development spending. More than half (52 per cent) say they are currently operating in "endurance mode." Do you know what the Republic of Alberta WON'T have? A ruling class in Ottawa working hard to destroy our businesses. Onward and upward. Four in 10 Canadian manufacturers have moved or plan to move production to the U.S., KPMG survey finds
From newswire.ca
Earl Davis who is part of BMO’s asset management says when the U.S. does well, Canada does well. The U.S. is booming when it comes to small and medium sized businesses because many regulations that once held them back are being removed. Meanwhile in Canada small business growth all but ceases to exist. He says Canada is “constructive on growth, but it will lag significantly compared to the U.S. See
View: https://x.com/ryangerritsen/status/2077475660482638270/video/1
Example Woodward Inc. manufacturer of aerospace and industrial systems praised by Canada’s defense minister has plans to relocate its Ontario operation to Poland in 2027 See Global report
https://t.co/LgRdxfmpI6
Source:
www.fraserinstitute.org/studies/comparing-business-investment-per-worker-canada-and-united-states-2007-2024
Europe and Canada are coming to terms with the fact that just following the herd very often is an expensive and painful proposition.
Registered Agents Inc., a business formation service provider, released its
June 2026 business report. It found that the U.S. added 3,493,381 new businesses in the first six months of 2026, despite economic pressures and uncertainty in global markets.
The month of June alone showed an increase of 548,060 businesses. Small businesses always are the strongest new employers.