Is Canada missing out on the nearshoring trend?

A lot of nearshoring activity has been focused on Mexico, is Canada missing out on bringing in more business in this movement?

What disadvantages does Canada have to overcome if it wants to compete with Mexico for some of this business?

Is this something that Canada could pull off or are the laws/economic numbers simply something they can’t overcome?

Do you think they will try to market to nearshoring companies or look for other avenues of business development?