Buy Canadian movement starts to take a sizable bite out of U.S. business (1 Viewer)

[Allan]

The tariffs may go away in 4 years but this trend might be far more lingering.

The surge in patriotism among Canadian shoppers, fuelled by trade tensions with the United States, is already leaving a sizable mark on American business, early data from a variety of industries suggests.

U.S. tour operators are reporting booking declines of as much as 85 per cent, while American distilleries are losing major deals. Meanwhile, Canadian grocers are posting a bump in domestic product sales of up to 10 per cent.

Buy Canadian movement starts to take a sizable bite out of U.S. business

U.S. tour operators and American distilleries hit hard by surge in patriotism among Canadian shoppers

www.theglobeandmail.com

 

[Gatsby]

A normal response to Trump's tariffs, although not a good one. Don't become protectionists just because Trump is...it won't work out any better for Canada than it will for America.

I would suggest that Canada should look into forming a free trade area with the rest of the Five Eyes, and hopefully America can eventually join once we are rid of Trump. What would really be great is a Five Eyes + Four Tigers + EU + Japan free trade area.

"Buy Canadian" or "Buy [one's own country]" is a catchy slogan, but a terrible economic policy.

 

[CANON]

A normal response to Trump's tariffs, although not a good one. Don't become protectionists just because Trump is...it won't work out any better for Canada than it will for America.

I would suggest that Canada should look into forming a free trade area with the rest of the Five Eyes, and hopefully America can eventually join once we are rid of Trump. What would really be great is a Five Eyes + Four Tigers + EU + Japan free trade area.

"Buy Canadian" or "Buy [one's own country]" is a catchy slogan, but a terrible economic policy.

Difference being this is not because of government policy, this is about everyday citizens looking out for their neighborhood at the moment to keep food on their neighbors table.

The government may only need to put tariffs on the US to show they are fighting for the citizens - because the citizens are boycotting on their own already. The Buy Canadian is really a Buy anything but US and that may be around for a while.

 

[Gatsby]

The Buy Canadian is really a Buy anything but US and that may be around for a while.

I hope it stays that way and people don't start taking the slogan to its logical conclusion. "Buy anything but US" is a more reasonable reaction at the moment IMO; "Buy Canadian" would be a bad policy in the long term.

I'm always leery of slogans like this, because for years, the UAW and other unions pushed "Buy American" as a slogan here in America, and it gave rise to very ugly, ill-considered protectionist policies.

 

[Hamish Howl]

A normal response to Trump's tariffs, although not a good one. Don't become protectionists just because Trump is...it won't work out any better for Canada than it will for America.

I would suggest that Canada should look into forming a free trade area with the rest of the Five Eyes, and hopefully America can eventually join once we are rid of Trump. What would really be great is a Five Eyes + Four Tigers + EU + Japan free trade area.

"Buy Canadian" or "Buy [one's own country]" is a catchy slogan, but a terrible economic policy.

Pretty sure they're still buying sugar from Cuba and loads of other shit from other places.

Everyone knows what they mean.

 

[Ishm]

A normal response to Trump's tariffs, although not a good one. Don't become protectionists just because Trump is...it won't work out any better for Canada than it will for America.

I would suggest that Canada should look into forming a free trade area with the rest of the Five Eyes, and hopefully America can eventually join once we are rid of Trump. What would really be great is a Five Eyes + Four Tigers + EU + Japan free trade area.

"Buy Canadian" or "Buy [one's own country]" is a catchy slogan, but a terrible economic policy.

Canada already has an FTA that includes the UK, Japan, Australia, New Zealand, Mexico, Vietnam, and a bunch of other nations. The terms of that are still rolling out on the agreed schedule, so the full FTA is not quite in effect yet, but it certainly gives Canada options that they didn't have a few years ago.

 

[CANON]

I hope it stays that way and people don't start taking the slogan to its logical conclusion. "Buy anything but US" is a more reasonable reaction at the moment IMO; "Buy Canadian" would be a bad policy in the long term.

I'm always leery of slogans like this, because for years, the UAW and other unions pushed "Buy American" as a slogan here in America, and it gave rise to very ugly, ill-considered protectionist policies.

I understand why slogans could be an issue simply based on country of origin, but it should be included in the value proposition.

Not having any protectionist policies or Buy American/Buy Canadian slogans leads to something just as bad as ill-considered protectionist policies, the race to the bottom.

Canada's supply management system with agriculture, dairy being the one that gets all the headlines lately, has prevented Canadian family farms from being driven into bankruptcy. I would love it if dairy cost me a bit less, but not if that means corporations devour all those family farms and hold everyone else hostage once the takeover is complete. It is a protectionist policy that has proven they have their place in good governance.

 

[Callen]

Buy Canadian" or "Buy [one's own country]" is a catchy slogan, but a terrible economic policy.

As others mentioned it is not buy Canadian, it's don't buy American if their are other choices. Part of the reason is being totally ticked with the US but the more important reason is that many of our products face tariffs going into the US which hurts Canadian companies so buying Canadian is a way of minimizing the impact. Canadian products are seeing a 10% gain in market share.

 

[Lord Tammerlain]

I hope it stays that way and people don't start taking the slogan to its logical conclusion. "Buy anything but US" is a more reasonable reaction at the moment IMO; "Buy Canadian" would be a bad policy in the long term.

I'm always leery of slogans like this, because for years, the UAW and other unions pushed "Buy American" as a slogan here in America, and it gave rise to very ugly, ill-considered protectionist policies.

Canada and Carney are smart enough to understand that Canada can't make everything

Consumer electronics will never be made here, consumer clothing will not be made here, some vehicles hopefully will be.

Overall Canada needs trade with other countries to do well