‘Buy Canadian’ movement could add $10 billion annually to Canada’s economy, says BMO economist

https://www.thestar.com/business/buy-canadian-movement-could-add-10-billion-annually-to-canadas-economy-says-bmo-economist/article_3aafe7d2-9122-4a1d-828c-248800bef01a.html

242 points · 16 comments · view on lemmy.world

16 Comments

AwkwardBroccolli@lemmy.ml · 33 pts · 1y (2 replies)

The biggest problem with our country is the damn supply chains. We need to tear down the north south(CAN->US->CAN) supply chains we had in place until now and replace them with East->west supply chains. To get an aluminium can, we export raw aluminium and US makes cans and sends it back to us. They have been taking us for a ride. We get nothing in return. Hopefully Carney is able to incentivize industries which would let us move production back to Canada. Elbows up!

chonglibloodsport@lemmy.world · 12 pts · 1y (1 reply)

Yes! And we need to build out our rail networks. It should be really cheap to move stuff across country by rail on manifest trains. Additionally, we should have a high speed rail network connecting all of our major cities so that we can travel anywhere without flying, without driving, and without crossing the border.

AwkwardBroccolli@lemmy.ml · 3 pts · 1y

Yes. Quebec city to Toronto is one straight line and building a high speed railway on a straight line is damn easy. Costly but engoneering wise there are not much challenges.

Snowstorm@lemmy.ca · 33 pts · 1y (3 replies)
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Someone@lemmy.ca · 9 pts · 1y (1 reply)

Probably because a photo of broccoli doesn't really look any different if it's Canadian or American.

WhiskyTangoFoxtrot@lemmy.world · 7 pts · 1y

The broccoli I buy is Belgian, anyway. Hopefully I'll be able to get more Canadian stuff when the weather warms up.

someguy3@lemmy.world · 5 pts · 1y

Probably because they pulled American alcohol off the shelves. It's now the symbol.

Semi_Hemi_Demigod@lemmy.world · 18 pts · 1y (3 replies)

Damn, Canada even has BMO?

Albbi@lemmy.ca · 8 pts · 1y (2 replies)

It's our Bad Manners Officer. Makes sure that everyone says their annual quota of "Sorry".

samus12345@lemm.ee · 5 pts · 1y (1 reply)

Pronounced "sohrry," of course.

Franklin@lemmy.ca · 1 pts · 1y

instead of Saw-ree

LovableSidekick@lemmy.world · 15 pts · 1y

"It's almost like we should have done this a long time ago!" - Experts

Auli@lemmy.ca · 12 pts · 1y

Wow who would have thought sensing money to another country would decrease the money in your country.

huppakee@lemm.ee · 6 pts · 1y (1 reply)

Is this a zero sum sum? So more 10 billion for canada is 10 less billion for usa?

Mohamed@lemmy.ca · 11 pts · 1y

At the surface it seems to be, since people are switching from american products to Canadian ones. But, the supply chain is more complex.

Ledericas@lemm.ee · 4 pts · 1y

canada has the option to cut off alaska if things get worst.

xc2215x@lemmy.world · 1 pts · 1y

Hopefully it does.