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.

[–] Pxtl@lemmy.ca 4 points 19 hours ago (5 children)

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

[–] ThuggyG@piefed.ca 19 points 19 hours 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.

[–] Knoxvomica@lemmy.ca 6 points 16 hours 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 6 points 18 hours 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 7 points 19 hours ago (1 children)

We also have a land border with Denmark

[–] Pxtl@lemmy.ca 2 points 19 hours ago (2 children)

Lot of international trade possibilities on Hans Island?

[–] xthexder@l.sw0.com 9 points 18 hours ago

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

[–] Greg@lemmy.ca 1 points 18 hours ago* (last edited 18 hours ago)

We probably need to build a pipeline over the border

[–] saigot@lemmy.ca 2 points 16 hours 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.