Experts say U.S. tariffs on Canadian goods could accelerate a push to ramp up domestic food processing and manufacturing, even as some companies consider moving operations south.
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This makes absolute sense. Anyone knows that one loses money when they sell weat and buy flour. Same goes for bitumen/gasoline, cotton/clothes, minerals/electronics etc.
Why haven't we been doing that all along?
Because our labour costs undermined profitably. We shot ourself in the foot for short term gain. We killed manufacturing in Canada. Perhaps it time to bring it back.
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Why haven't we been doing that all along?