This will bring a welcome boost to the Canadian economy. We will continue to watch this closely. This brings me to trade and the ongoing conflicts. There have been some positives lately. The US government has dropped its tariffs on steel and aluminum, and Canada has dropped its retaliatory measures. This should improve the chances that CUSMA will be ratified. Other developments are discouraging.
Islamic System overcomes the deficiencies of both the systems as it is solidly based on private property and market mechanism but has also explicitly built in equity and distribution through compulsory deduction of Zakat i.e. transfer payments from the asset holders to the poor segments of the population.