Bring These $$ Home
Trump has poked the Canadian bear and has unleashed a level of patriotism that we haven’t seen before – perhaps ever. So while the tariffs may eventually get withdrawn and things may seem to go back to normal we can never again leave ourselves this vulnerable. We need to harden our economy.
Ironically this situation presents Canada with some incredible opportunities. This current wave of nationalism must be harnessed.
50 years ago the government of Justin’s father Pierre, created the Canada Development Corp in order to stem the tide of foreign ownership of Canadian companies and a similar idea is needed today but for different reasons. The Canada Development Corporation was created to invest in strategic industries in order to increase Canadian ownership. The CDC had some success but the Mulroney government shut it down when they took office in the mid 80s. The problem of foreign ownership is still … More
