Quote:
Originally Posted by The Yen Man
I guess it depends on who you trust. Maybe it's my Chinese bias, but it it does feel more and more like there's an agenda coming out of the US government using "national security" as a weapon to stifle potential growth from companies outside the US they deem are a threat. Look at how they have weaponized fentanyl as a means to pressure Canada? I have no doubt they're doing the same thing with anything Chinese at this point.
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I think the better play is to stop relying so heavily on both the US and China and start pushing more research, development, and manufacturing in Canada.
Over this year I think it has been made clear that the US is not the ally it once was and to that end, I would now advocate for disconnecting as much as possible from US power. But I certainly wouldn't turn to China as the solution, I would keep both countries at arm's length.
Some examples of things that need to happen:
- Eliminate foriegn ownership of land (Hongcouver comes to mind) and resources (Australian Coal mining company in Alberta???)
- Eliminate foriegn ownership of critical services or communications (American owned Postmedia owns 130+ Canadian media outlets)
- Develop new supply chain routes that cut out unnecessary foreign influence (why do we buy South American coffee beans exclusively through the US??)
- Nationalize critical research (power generation, vaccines, military drones, AI)
- Invest in future technology manufacturing to create long term jobs in markets that are currently relying on legacy industry
That last bullet would be the interesting one. In Alberta, you would want to invest in renewable energy technology manufacturing jobs to replace fossil fuel jobs. In Ontario, you would want to build up Canadian automotive production to replace the legacy automotive production that was so closely tied to the US.
I still think the biggest move the Feds can make is to rip up the US trade agreement that the US is ignoring anyway and stop respecting their intellectual property rights. At that point, any American product could be reverse engineered and start being produced by a Canadian company.
Canadian Twitter?
Canadian Facebook?
Canadian Internet Search engine?
Canadian Insulin?