“Right now, I’m a little angry. I don’t want to invest in American companies,” says Joanna Goodman, owner of Au Lit Fine Linens, a Toronto-based bedding and nightwear company.
“It’s about having your eggs in one basket. And right now, that basket is very reckless and very precarious,” she continues.
From Houthi attacks in the Red Sea, to the Ukraine war, global events in recent years have given rise to a more recent phenomenon – reshoring.
Bringing business operations back to home shores, it is the reversal of offshoring.
We need to start manifacturing electronics
I’m all for saving Canadian auto industry. It is an economic pillar people are used to. It’s easy with export tariffs that make US auto manufacturing, materials, energy, agriculture too expensive until tariffs are removed. But making China willing to sell us cheap electronics is smarter than hating China. or making a small scale industry here.
We do but it’s all high end custom ordered stuff for military, space or auto applications. Consumer stuff disappeared around the sitcom boom when JDS, Norte, and others folded or were bought out. Only blackberry is left and it’s mostly from China?