Lord Black weighs in.

Conrad Black, Lord Black of Cross Harbour, has an interesting take on where Canada is at. If anyone knows Canada, it's Lord Black. p.s. I knew him at Carleton and he asked me out. Maybe I should have accepted, hahaha!
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"When I was a young person, we were neck and neck with the Australians and quite closely behind the United States,” he said. “And now Netherlands, for example—a fine and great historic country liberated by our Canadian army in 1945, a country that in 1945 was a rubble heap, flooded out by the Germans who blew the dikes, trampled over by the German and Allied armies—they have a higher standard of living than we do."

Author and scholar Lord Black

He made similar observations about South Korea and Israel, countries that were “pile[s] of mud” or “sand, camels, and Jehovah” within living memory, now approaching Canadian standards of living.

Black attributed Canada’s underperformance largely to its failure to develop natural resources, particularly in energy infrastructure, and he was insistent that the decline is recent and reversible: “But we’re not keeping pace, and we should, there’s no excuse for it because we did up until about 10 years ago.”

Pierre Poilievre will be the next prime minister—and he’s doing something that hasn’t been done since Borden.

Despite Poilievre’s loss in the recent federal election, Black sees the Conservative leader as a transformational figure in Canadian political history and predicts he will eventually form government.

“I think he’s doing, trying to do, and I think successfully doing…selling conservatism in a way that has not been done since Sir Robert Borden’s time in this country,” Black said. “He’s taking it from Thatcher and Reagan.”

Black believes that Poilievre’s contrasting of the idea of personal responsibility and leaving more money in Canadians pockets, instead of high taxes and big government solutions, will resonate with more and more of the electorate.

“Poilievre is selling the country the virtues of conservatism in the sense of greater liberty from government. ‘We’ll take care of the needy, we’ll take care of the disadvantaged, but for the rest we’ll leave as much to you as we can so you can use the money you have earned in the way you want to use it."

Black also said his confidence in Poilievre rests on the data from the last campaign. Poilievre came within 1.5 points of the Liberals in popular vote, picked up 15 seats in Ontario, and won the 18-to-35 demographic. He argues this signals a genuine shift in Canadian politics—from the one-and-a-half-party Liberal dominance that prevailed for most of the 20th century toward a genuinely competitive two-party dynamic.

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Can't find where I copied this from, but I do agree with the author and Black.