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this post was submitted on 12 Jul 2026
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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.
If an established company decides they can't make money in Canada, it would be doubly true for a new company.
But what if they are only deciding to increase profits beyond the already obscene profits they already make?
You must think it's easy to run a multi-national company and just anyone can do it. It is not.
Auto sector makes pretty thin margins.
The reality is when NAFTA was originally signed, hundreds of US companies shut down and moved across the border. Why? Same reason they won't move back, paying workers on a lower dollar value and not having to pay US medical insurance.
From a US perspective, NAFTA/ USMCA did lose them jobs and was not good for the country, however, Republicans and Democrats did nothing to control US medical insurance costs, which makes US labor impossible.