AI is becoming dramatically cheaper. But when everyone has access to the same intelligence, where will competitive advantage come from? Perhaps the answer lies in what organizations already own: their relationships, data, expertise, and partnerships. The real differentiator won’t be access to intelligence, but the ability to orchestrate these assets to create and capture value.

Canada’s close integration with the United States created extraordinary prosperity — but perhaps also dependency and a narrower field of vision. As the world becomes more transactional, resilience requires options. Canada’s opportunity is not to retreat from the U.S., but to diversify, build strategic capacity and rediscover the ambition to see the world as its market.