Canadian firms are having a growing conversation about the need for more homegrown production.

“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.

  • TheFeatureCreature@lemmy.caEnglish
    31·
    12 hours ago

    I hope so. Domestic production and consumption leads to a healthy economy which, as we’ve all learned in recent weeks, is a critical matter of security as well. Relying on another country for manufacturing may save on some costs but means that country has leverage on you.