New York mayoral front-runner Zohran Mamdani is making headlines with his affordability agenda, promising expanded free public services, social housing, and public transit subsidies funded by higher taxes. While the proposals aim to ease the cost of living for New Yorkers, economists and critics question their long-term effects on the city’s economy and housing market.
Europe’s economy is high-taxed, over-regulated, and underperforming – not a model Canada should copy. While trade and cooperation with the EU bring benefits, adopting Europe’s economic policies could hurt Canada’s competitiveness and strain relations with the U.S. Instead of imitating Europe, Canada should focus on building a uniquely competitive economy that thrives globally.
