Which part are you skeptical of, I'm assuming the petro Canada part?
It was my comprehension of this:
https://liberal.ca/cstrong/costing/
We have dwinding productivity investment in Canada, as the Bank of Canada always points out in their pressers, and have had for a while now. Much of this is high tax, regulation, and bureacracy; this is being combated by trying to seed private investment using tax dollars, as Freeland has been talking about for a while now.
Just consider yourself when you go to invest, would you invest in the US who is cutting regulation and corporate taxes, or Canada who is worried about indigenous groups and is talking about having corporations pay their fair share? The answer is likely why the US is 62.70% of the global marketcap, and that is what we are trying to entice while not cutting our regulatory burden. This is my take on it anyways, but I'm just some guy.
Do we not also assume the US is doing this?
It seems like its just another tool of modern warfare. This could be an example right here, painting Russia and China as if they are somehow different, an AI is going to reinforce on that.