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submitted 5 days ago by cm0002@libretechni.ca to c/canada@lemmy.ca
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[-] Foxer@lemmy.ca 5 points 3 days ago

Reading the comments I don't think people understand what's involved here.

The companies are moving to the states because that's where the majority of their customers are. Which means it's not viable for them to stay in Canada and only sell to Canadian markets.

Which means nobody's going to be replacing these businesses. We're talking about hundreds of thousands of jobs that will be lost with no replacement.

The state can't nationalize them, the workers can't take them over, they're just not viable as businesses anymore.

And all those businesses and all the people that work for those businesses pay taxes. Which means we're going to have less and less money to provide services the people who are poor etc

This isn't about giving states our money, this is about us not having any money anymore. I think people need to wake up to the reality of how serious this is

[-] CanadaPlus@lemmy.sdf.org 1 points 1 day ago* (last edited 1 day ago)

Which means nobody’s going to be replacing these businesses. We’re talking about hundreds of thousands of jobs that will be lost with no replacement.

Sort of. Over the long run, it should be replaced with more domestic-focused businesses, or maybe even overseas-focused. Of course, that's not as easy as flipping a switch, everything has to be re-organised. Who knows how quickly it can happen.

The government is trying to help out a bit, with all the project subsidies and military spending.

[-] Foxer@lemmy.ca 1 points 1 day ago

Unfortunately due to the trade barriers we have between provinces it's unlikely that it would be replaced by local consumption. In fact even if there were no trade barriers in Canada it would be tough but the way things are there's no chance.

This was something carney talked about during the election and promised he would work on, he held one meeting with the provinces to see about coming to an agreement and then he just abandoned it. If he had spent as much time working with the provinces as he has with other countries we would probably be further ahead

The government has done nothing to move projects forward unfortunately. The closest that come is this supposed pipeline project but they're now talking about using government money which completely defeats the purpose. We can't borrow enough money to support an economy, sooner or later that leads to a collapse

Unless something radically changes in the near future as far as our direction we will face severe economic hardship and it will be extremely difficult to recover. We are not building maybe bill as he promised, we have not eliminated into provincial trade is he suggested, and our businesses are fleeing to the states along with our investment, I think we're into our 6th street quarter of business investment loss in Canada having already completed five? That predates Trump and we can't be losing business investment like that

We're in real trouble. It's not short-term trouble our infrastructure for providing economic growth is eroding at an enormous rate and it is insanely hard to replace that once it's gone

[-] mereo@piefed.ca 39 points 5 days ago* (last edited 5 days ago)

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.

[-] SaveTheTuaHawk@lemmy.ca 2 points 3 days ago* (last edited 3 days ago)

Export what. Diversify what.

Canada is the bottom of the barrel for industry R&D, we have been since the 1960s. All we do is dig shit out of a hole to feed jobs abroad.

Mark Carney is not going to pull a new industry out of his ass.

[-] Pxtl@lemmy.ca 9 points 4 days ago

Okay but all our other neighbors are an ocean away. This is hard mode.

[-] ThuggyG@piefed.ca 28 points 4 days ago

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.

[-] foggenbooty@lemmy.world 1 points 3 days ago

Exactly. When I hear the east talk about the "Canadian Auto Industry" I think, what auto industry? Oh the american one that hires a lot of Canadians? The deal has been good for both sides so I understand why we became dependent, but now that the mask is off and the US is openly saying they intend to fuck us we need to pivot.

While I would love a Canadian auto company, that is very hard to do and the better interim option would be to better partnership with European and Asian car brands. No reason we can't build Renault cars here.

[-] Knoxvomica@lemmy.ca 9 points 4 days ago

I mean, same with China for the most part? And yet they manage to be an industrial powerhouse. Shipping is not impossible.

[-] GreenBeard@lemmy.ca 8 points 4 days ago

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.

[-] Greg@lemmy.ca 8 points 4 days ago

We also have a land border with Denmark

[-] Pxtl@lemmy.ca 4 points 4 days ago

Lot of international trade possibilities on Hans Island?

[-] xthexder@l.sw0.com 11 points 4 days ago

Historically, there's been a bit of a whiskey trade on the Denmark-Canada land border.

[-] SaveTheTuaHawk@lemmy.ca 1 points 3 days ago

I hear they like poutine.

[-] Greg@lemmy.ca 3 points 4 days ago* (last edited 4 days ago)

We probably need to build a pipeline over the border

[-] SaveTheTuaHawk@lemmy.ca 1 points 3 days ago
[-] Pxtl@lemmy.ca 3 points 3 days ago

thats-the-joke.gif

[-] saigot@lemmy.ca 3 points 4 days ago

Yeah but also a lot of countries are looking to diversify away from the us who is just as far from those potential partners.

[-] puppinstuff@lemmy.ca 8 points 3 days ago* (last edited 3 days ago)

They can do their worst. I didn’t buy so much as a US sweet potato from the grocery store this week. Sure as hell isn’t going to be a car or an appliance from any company moving out of Canada.

[-] SaveTheTuaHawk@lemmy.ca 1 points 3 days ago

Sure bud, your stand on potatoes is going to save the CDN manufacturing sector.

[-] puppinstuff@lemmy.ca 2 points 3 days ago

One petty disgruntled consumer is weak. Millions of them, not so weak.

[-] theacharnian@lemmy.ca 7 points 3 days ago

So you mean we can nationalize a bunch of factories and turn them over to worker owned and managed cooperatives?

[-] SaveTheTuaHawk@lemmy.ca 1 points 3 days ago

And make what? Sandals and snow shovels?

[-] Bubbaonthebeach@lemmy.ca 17 points 4 days ago

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.

[-] SaveTheTuaHawk@lemmy.ca 1 points 3 days ago* (last edited 3 days ago)

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.

[-] CanIFishHere@lemmy.ca 2 points 3 days ago

If an established company decides they can't make money in Canada, it would be doubly true for a new company.

[-] kent_eh@lemmy.ca 1 points 3 days ago

But what if they are only deciding to increase profits beyond the already obscene profits they already make?

[-] CanIFishHere@lemmy.ca 1 points 3 days ago

You must think it's easy to run a multi-national company and just anyone can do it. It is not.

[-] SaveTheTuaHawk@lemmy.ca 1 points 3 days ago

Auto sector makes pretty thin margins.

[-] CapuccinoCoretto@lemmy.world 13 points 5 days ago

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.

[-] Kichae@lemmy.ca 8 points 4 days ago

Businesses love fascist, lawless kakistocracies up until they find themselves neglecting their protection payments.

[-] SaveTheTuaHawk@lemmy.ca 1 points 3 days ago* (last edited 3 days ago)

Name one thing Canada makes as a finished product Europe will buy. 100% chance whatever you have in mind is not made here.

[-] CapuccinoCoretto@lemmy.world 1 points 3 days ago

Airplanes (Bombardier), mining equipment, Military Equipment, finished metals etc...

There is room to grow because whatever the EU bought from the US or Russia, that Canada can make, should be included. Lots of opportunity both ways.

[-] mrgoosmoos@lemmy.ca 3 points 3 days ago

get ready for vehicle quality to go down. american plants pretty much always make the worst parts.

hell, I'm aware of one situation right now where an OEM is knowingly assembling something incorrectly because the product design is shit. instead of fixing it, they're just making the parts pass the inspection, while most definitely not making good parts.

[-] SaveTheTuaHawk@lemmy.ca 1 points 3 days ago

get ready for vehicle quality to go down

L O L

What's the name of that truck built in Canada that isn't shit again?

[-] mrgoosmoos@lemmy.ca 3 points 3 days ago

do you have any experience in the industry?

if not, fuck off

[-] GodofLies@lemmy.ca 1 points 3 days ago

Are we in the 'find out' stage of NAFTA/CUSMA agreement now - especially now it's in its sunset stage? Sure starting to look like it. Canada's own failing to increase inter-provincial trade, international trade, and encourage domestic expansion is coming back to bite. Decades of selling out Canadian companies to the US, mergers of domestic companies, and privatisation of crown corps (funny how we don't even own our own rail) is going to make the transition all bite extra hard.

[-] Melvin_Ferd@lemmy.world 1 points 3 days ago

Does this mean tariffs worked

[-] CanadaPlus@lemmy.sdf.org 1 points 1 day ago* (last edited 1 day ago)

Depends what you're looking for. The same shit is happening in the other direction, with American businesses no longer able to operate.

In the end we'll all be poorer. Partly do to losing the saving involved in sharing things, partly due to lost growth while we're busy re-arranging. But yes, the tariffs are working to reduce imports to the US.

[-] rxbudian@lemmy.ca 2 points 3 days ago

If they move the machines to the US, wouldn't they get ta tariff-ed?

[-] SaveTheTuaHawk@lemmy.ca 1 points 3 days ago

No, they are not selling them in the US.

this post was submitted on 12 Jul 2026
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