The results of Germany’s energy and immigration failures have been rising costs, falling competitiveness, social disorder, and political backlash.
Germany was postwar Europe’s greatest economic success story. Today it is a cautionary tale. Once the continent’s industrial engine, Germany has spent the past decade dismantling the foundations of its prosperity through energy and immigration policies driven more by ideology than evidence or good sense. The results have been rising costs, falling competitiveness, social disorder, and political backlash.
Canada should study this record closely—because we are pursuing many of the same policies.
