Originally posted by @phranny to Mghm55
The means of production in Canada and northern European countries is generally not owned by the government. Rather the government protects middle class/working class interests through universal health care and strong minimum wages. Access to quality education is not tied to property taxes, a system in the U.S. that leads to wealthier areas having ...[text shortened]... to economically favor those who are already wealthy via tax cuts and laws that favor this class.
While Canada has a more 'socialist' health care system than the USA, that's not the whole story,
Canada has a capitalist economy, albeit with a political culture where socialism is more influential.
"Is Canada a capitalist country? Why or why not?"
"In certain ways, Canada is a more capitalist country than the U.S. Capitalism implies the
private ownership of means of production, which includes individual human resources and skills.
Canada has a lower tax rate than the U.S. for the highest earners ..."
"There are other aspects to what makes a country “capitalist,” but by no means should anyone,
no matter their economic views, consider Canada to be a Socialist foil to Capitalist America."