We have a larger partner speaking the same language and with a largely synonymous culture and a heavily integrated economy as our neighbour. The moment a Canadian company sees success -- in optics, autos, science, medicine, weaponry, etc. -- it is absorbed by a larger US company and suddenly is no longer Canadian, and in many cases any Canadian operations will usually get choked out.

There are few examples where this isn't the outcome.

This has happened across Canada for well over a century, across every sphere. And in the process the Canadian input is retconned out of existence and Americans ponder why Canada "doesn't make anything". They post ignorant nonsense about how Canada is resource extraction in a trench coat or similar nonsense.

Sweden had nothing like this, and they punch way above their weight class because of this. Though that has been changing, for instance with a Chinese company buying Volvo, etc.

The only protection against this is...protectionism, whether explicit controls or implicitly by ownership or funding structures. Canada became a leader in nuclear tech by the nuclear industry basically being government owned. It became a transportation powerhouse by a government owned railway. And so on.

Change is afoot. Carney has made significant efforts to stop just sending hundreds of billions to the US and most military procurement will focus on Canadian products and innovation. Which leads to lots of gnashing and screaming by propaganda rags like the US-owned PostMedia (yup, even a lot of our media gets absorbed by the US, at least where it isn't explicitly barred from doing so).

> Sweden had nothing like this

Not entirely true. AstraZeneca and ABB are examples that remain partly Swedish but many companies were merged into big multinationals and eventually marginalised.