The companies are moving to the states because that's where the majority of their customers are. Which means it's not viable for them to stay in Canada and only sell to Canadian markets.

Which means nobody's going to be replacing these businesses. We're talking about hundreds of thousands of jobs that will be lost with no replacement.

The state can't nationalize them, the workers can't take them over, they're just not viable as businesses anymore.

And all those businesses and all the people that work for those businesses pay taxes. Which means we're going to have less and less money to provide services the people who are poor etc

This isn't about giving states our money, this is about us not having any money anymore. I think people need to wake up to the reality of how serious this is

[–] CanadaPlus@lemmy.sdf.org 1 points 13 hours ago* (last edited 13 hours ago) (1 children)

Which means nobody’s going to be replacing these businesses. We’re talking about hundreds of thousands of jobs that will be lost with no replacement.

Sort of. Over the long run, it should be replaced with more domestic-focused businesses, or maybe even overseas-focused. Of course, that's not as easy as flipping a switch, everything has to be re-organised. Who knows how quickly it can happen.

The government is trying to help out a bit, with all the project subsidies and military spending.

[–] Foxer@lemmy.ca 1 points 12 hours ago

Unfortunately due to the trade barriers we have between provinces it's unlikely that it would be replaced by local consumption. In fact even if there were no trade barriers in Canada it would be tough but the way things are there's no chance.

This was something carney talked about during the election and promised he would work on, he held one meeting with the provinces to see about coming to an agreement and then he just abandoned it. If he had spent as much time working with the provinces as he has with other countries we would probably be further ahead

The government has done nothing to move projects forward unfortunately. The closest that come is this supposed pipeline project but they're now talking about using government money which completely defeats the purpose. We can't borrow enough money to support an economy, sooner or later that leads to a collapse

Unless something radically changes in the near future as far as our direction we will face severe economic hardship and it will be extremely difficult to recover. We are not building maybe bill as he promised, we have not eliminated into provincial trade is he suggested, and our businesses are fleeing to the states along with our investment, I think we're into our 6th street quarter of business investment loss in Canada having already completed five? That predates Trump and we can't be losing business investment like that

We're in real trouble. It's not short-term trouble our infrastructure for providing economic growth is eroding at an enormous rate and it is insanely hard to replace that once it's gone