Mixed Economy In Canada

Currently in Canada, we have a mixed economy, however, is this the best type of economy for Canadians? To improve the lives of Canadians, we need to switch to a market economy now before we cause further destruction to our country. There are serious problems in a planned economy as there is no individual rights and freedom, equality is being unclear, and there is a lack of motivation, and keeping our mixed economy wouldn’t be beneficial as we always rely on the government, the government only needing our tax money and spending it wrong, and in addition, I’ll be explaining about how there are beneficial properties of a market economy such as gaining money, freedom, and incentive.
Imagine a government controlling your life, deciding everything for you, it may sound agreeable to some, however, it limits individual rights and freedom. In a planned economy, emphasis would be on equality, as you and your neighbors will be paid the same, dress similarly, but one of you is working insurmountably harder. The government controls your spending, as you can never have any luxury items for yourself. When the government decides everything, everyone around will be treated the same, no matter how difficult your job is. There is a lack …show more content…
We always have the government in case a city goes under, but if we don’t rely on the government, visualize how well people will succeed based on risks. Unmotivated Canadians are stuck working to pay the bills and aren’t using their skills to their fullest potential. Tax money is what the government prospers on, and they collect your hard earn money so you don’t have any to spend on yourself. Another problem with the government and your money is that they don’t know how to spend it. We wait years for any production to happen, however, in a matter of minutes, we pay for their luxury items, such as, plane tickets and personal