In some ways I don’t blame the companies. That is the business game. However another side of that is that when a company leaves, another company can replace it. It creates opportunity for new Canadian companies to be started. As Canadians, we need to be aware of the companies that leave, stop doing any business with them, build and support new Canadian companies and if that doesn’t happen, buy from China or Europe or South America. Yes it will cost Canadian consumers more in the short term but buying from Americans enslaves us over the long term. We have to cut our ties. NAFTA wasn’t a boon for Canada, it was a boon for the US. We can choose to support Canada by not buying American.
This is why I support Carney’s agenda of diversifying our economy and our partners. These companies are moving to the U.S. because, currently, Canada predominantly does business with the U.S., so these U.S. companies see tariffs as an obstacle to their business.
However, when Canada has exports predominantly in the rest of the world, companies will stop moving.
Okay but all our other neighbors are an ocean away. This is hard mode.
Yes but the alternative is to become hostage to a hostile nation.
You cave now and they will do it again. We also have to stop pretending these are Canadian firms leaving. We’ve allowed many of our manufacturing companies to become subsidiaries of foreign companies.
Yeah but also a lot of countries are looking to diversify away from the us who is just as far from those potential partners.
I mean, same with China for the most part? And yet they manage to be an industrial powerhouse. Shipping is not impossible.
We also are their biggest export market. If we start “eating our own dog food” then those overseas exports will be enough to make up most of the difference, but we have to double down on the effort to build and buy anything but American.
We also have a land border with Denmark
Lot of international trade possibilities on Hans Island?
Historically, there’s been a bit of a whiskey trade on the Denmark-Canada land border.
We probably need to build a pipeline over the border
Not exposed to Tarrifs for the US, just a fascist lawless kakistocracy when rights and rules don’t exist. You won’t be selling to the rest of the world as counter tarrifs settle. If you are selling only to the US, move. If you have such a poor opinion of a rules based civilization, I don’t want you here anyways. We will be busy enough making things for ourselves and our allies.
Businesses love fascist, lawless kakistocracies up until they find themselves neglecting their protection payments.
