However, some economic actors have the power to borrow more from future generations than they have the capacity to repay. Governments do this by running unsustainable budget deficits. Firms could pursue short term profits but leave society with longer term costs; such as with events that led to the financial crisis.
However, in these times it is important not to lose sight of the bigger picture. There is much that Canada and Mexico can do to support growth and employment in our economies. We have faced obstacles before, and have overcome them. Back in the 1860s, the United States pulled out of a free trade agreement with the colonies of British North America.