Have the natural resources run out or something? I mean, I get that some will eventually, but Canada's pumping and digging more out of the ground than ever.
Crude production has doubled in 20 years: https://www.statista.com/statistics/265182/oil-production-in...
A lot of the "entrepreneurs" are mostly solo professionals/trades rather than tech startups. Increasingly, more now go into a firm environment instead. The firm might create more societal wealth than entrepreneurs for professionals/trades.
A plumber joining a firm should get more plumbing done when appointments, invoicing, marketing, etc. are handled by specialists. And if 20 plumbers co-owner-operate the firm, are they all entrepreneurs or private sector employees?
That's what's different between USA and Canada.
Get your self educated and respect the greats.