Looks like he appointed a new national security advisor.
https://www.theglobeandmail.com/poli...kish-on-china/
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Looks like he appointed a new national security advisor.
https://www.theglobeandmail.com/poli...kish-on-china/
Based on the history it is likely virtue signalling with little or no change, see if Huawei gets black listed for 5G tech. Most countries can clearly see the threat they are to security. However remember Trudeau has openly said he admires their dictatorship, he will virtue signal, lie again and likely not ban them or change anything substantiate.
Yes and no.
Many high quality "Canadian or USA made "items are replaced with cheap, not really durable Chinse stuff.
We could once buy a canadian "widget"for 2x the price-but would lest 2 x longer(or 3 x longer)then the recent cheap Chinese stuff.
There are good Chinese stuffs too-but that is another subject.
This whole Chinese project works only for Big Business.
They worked out a sweet deal to make huge profit there-sell the junk here-and keep the profit elsewhere.
Definitely China benefits from this deal greatly-but that is yet again another story.
nice to see many on here agree that China is taking advantage of our country (as well as the USA)
Id like to see stronger ties with India..
I am doing everything in my power not to buy made in china and will gladly pay more for made in North America...
for example I am in the market for a lower end BBQ - Weber and Napoleon lower end units made in China...almost all Broil King bbqs made in Canada - you can guess which brand I will be buying! it might not be huge $ to our economy but I think alot of people are starting to shift to thinking this way in their purchase decisions!
Re: the economics of manufacturing in China: There are many, many other developing countries manufacturers could work with instead of China. However, businesses have spent the last twenty years figuring out how to work with China and don't want to start over. The government should take a role in this (as it did getting business involved in China 20 years ago). Set up liason offices in India, Banglandesh, Vietnam, Cambodia etc to assist businesses in setting up in democratic countries. China doesn't really have any asset that makes it unique. There is no reason we have to do business with them.
China has been loaning these same countries money to do exactly what you are suggesting. Then they 'seize' the factories when the countries (being poor) can't pay back the loans. Then China moves manufacturing into them and voila..goods made in Bangladesh...
It’s never good to put your eggs all in one basket. Diversification across the globe would be preferential than just trusting China. But my thoughts always lead me to believe that it would be cheaper to produce goods where the natural resources are located. Since we are a leader in natural resources, why not subsidize manufacturing to advance ourselves?
The power costs drove many businesses to the US, the Leamington greenhouses a few years back.
https://www.cbc.ca/news/canada/winds...ohio-1.2917918
Then you add the carbon taxes to the heat, delivery/shipping, purchase costs and the payroll tax increase in CPP and EI and it just keeps getting harder.
I agree the cost would be more, but aren’t we ready for a change from the current narrative? Don’t we see enough cheaply made items we curse about? Don’t we argue about the current situation we are in, handcuffed to China? I’m not expecting a shift over night, but some kind of initiative to kick start our manufacturing sector wouldn’t hurt. Perhaps innovation will kick in and create shortcuts and cost savings. We just need to plant the seed.
I’m sure Canadian-Chinese debates have circulated throughout our population with the 2 Michael’s situation. Now might be a good time to capitalize on the current sentiment.
There is already a shift occurring as an example in the medical field. Where most recently manufacturing was done in China it is currently being redeployed to India.
CEO's are paying attention.
"In India is among the top 20 markets for medical devices worldwide. The market is expected to increase at a 37% CAGR to reach US$ 50 billion in 2025, from Rs. 75,611 crore (US$ 10.36 billion) in 2020. The medical devices sector in India comprises large multinationals and small and midsized companies"
One way would be to impose import taxes on Chines product-as in the good old days.Or other overseas "cheap"and unfair products.
Those taxes actually mean to protect domestic production-thus jobs(to a degree)from foreign ,cheap,polluting,unfair prices.
Alas-that does not bring money to the Big Businesses who are farming those jobs out ,and it does give no tax shelters to the same Big Businesses making their overseas generated profit (made on domestic customers )disappear somehow ,without benefiting the country the profit is made in.
Something tells me -Trump tried something like that ,and was stomped on by many for it.
Trump failed in that trade war.
After shrinking for two straight years in 2015 and 2016, China’s total shipments grew each year after Trump took office, including in 2019 when exports to the U.S. fell.
https://www.bloomberg.com/news/artic...-win-trade-war
Only as much as we want. If India had our manufacturing business, they would have money to buy our agricultural output too.
List of the largest trading partners of Canada - Wikipedia
Based on that total exports to China is 23B. Not a big number. Have a look at the trade imbalance we have with them though
Wish I’d known that Broil-King was made here. We went looking for a new BBQ last year and I was in a buy-Canadian mission - we did some research but thought only the high end Napoleon’s were made here.
Not easy to do the right thing. I walked into Mr Safety Shoe before the holidays and said I was looking for work boots made in Canada. Got nothing she said, Royer has the maple leaf on the box and their office may be here but the tag says China like everything else.
Yes. Manufacturing is huge and this is how Canada & the U.S. operated until recently. There will be a short term adjustment as we wean ourselves off our China dependancy but there are very real long term benefits.
Marx got it wrong when he claimed labour was the source of all value. But it is the source of much value, and we've forgotten about that by living way above our means and evading unfair operating costs.
Speaking of boots and shoes, I have an aunt who worked at the Brown Shoe factory in Perth for decades until they shut the facility down and moved overseas.
It was a blow to the local economy. Need a return to "Made in Canada"
"While the company plans to continue to operate its distribution center in Perth, which also is home to its Canadian wholesale headquarters, it will no longer own manufacturing facilities in North America. This move also follows the Company's December 2002 closing of its Stirling, Ontario manufacturing facility."
https://sgbonline.com/brown-shoe-com...ring-facility/
73hunter
Not easy to do the right thing. I walked into Mr Safety Shoe before the holidays and said I was looking for work boots made in Canada. Got nothing she said, Royer has the maple leaf on the box and their office may be here but the tag says China like everything else.[/QUOTE]
https://tatra.ca/
Neighbor used to work there. Website says made in Canada. Factory in Dunnville Ontario
https://tatra.ca/
Neighbor used to work there. Website says made in Canada. Factory in Dunnville Ontario[/QUOTE]
Baffin boots are made in Canada also, warmest and longest lasting boot I've ever owned.
My Saute-Mouton are getting thin in the tread and I will likely need to spend a couple dollars on the insole... but it is their 3rd winter, the Kamik boots boots have lasted a couple years atleast, the spare pair I got on a good sale last year I noticed I hadn't even taken the tag off yet since the older ones were still good. Quality or bulk, buy one pair that lasts a few years or a new pair each year seems to be the choices.... all my boots say "Made in Canada". Hence the thread....
https://www.oodmag.com/community/sho...=1#post1134421