I think that's the natural conclusion if you set the scandic witchcraft aside. Looking at UK/France the two big things that I notice are
-they have the core capabilities we've divested since 2000,
-asymmetry- we actually stack up decently well (on paper) in terms of pro-rated tank quantity, but where we differ is that we have an outsized number of our primary IFV but nothing behind it (mainly due to the TAPV disaster)
UK- pro-rated
259 Warriors, 235 CVR(T), 558 Wheeled Protected Mobility Vehicles - full Bn's of 3 different mounted infantry weights, regiments of 3 different armoured weights (including tank)
France-pro-rated
276 VCBI, 1100 VAB, 108 AMX 10 RCR, 623 VBL, - again, multiple specific mounted infantry weights, cavalry weights,
Canada actual
550 6.0, 66 LRSS, 500 TAPV... - 1 weight of infantry battalion, misequipped armoured regiments hunting for a role
Apologies for drifting from the reserve topic, but I think where it becomes relevant is that if a force has an employment model includes something like VAB or Mastiff battalions, then it provides something cheaper and easier to maintain that the reserves can provide more of.