The article discusses how buying Canadian products could theoretically help Canada counter economic threats posed by the U.S., particularly in light of potential tariffs from President Trump. Ontario Premier Doug Ford and Prime Minister Justin Trudeau advocate for consumers to prioritize purchasing 'made in Canada' goods, suggesting that this shift could provide alternatives that mitigate tariff impacts. However, experts like Torsten Schthing Jaccard and Daniel Trefler argue that Canada lacks sufficient consumer goods processing, indicating that relying solely on domestic purchases may be ineffective.
When you look at 'made in Canada' or 'made in Ontario' products, buy them, said Ontario Premier Doug Ford, emphasizing the importance of consumer choices.
Having Canadian consumers have alternatives is part of how we make sure that Canadians do not bear undue costs around tariffs, declared Prime Minister Justin Trudeau.
We produce a lot of the raw inputs, but we don't do a lot of the final consumer good processing in Canada, stated Torsten Schthing Jaccard, an economist.
The focus on consumer-facing goods will get us nowhere, said Daniel Trefler, expressing skepticism about the impact of switching to Canadian-made products.
Collection
[
|
...
]