this post was submitted on 15 Mar 2025
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Employers begin layoffs as Canada-U.S. trade war intensifies (archive.is)
submitted 1 day ago by [email protected] to c/[email protected]
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Here's a selection from the article:

In Delta, B.C., furniture company Prepac Manufacturing Ltd. abruptly announced plans last month to shut down one of its factories and terminate 170 employees. ... The company was acquired by Toronto private equity firm TorQuest in 2019, and opened a new manufacturing and warehousing facility in North Carolina in 2021. Prepac plans to centralize its operations in North Carolina, leaving no Canadian footprint. Prepac was founded in Vancouver in 1979.

...

at South Shore Furniture, a Quebec furniture maker. In early February, the company said it was cutting 115 jobs because of tariff threats, noting that 70 per cent of its products were sold in the U.S. and American purchasers have sought out merchandise from Asia because of the trade war.

...

Another steel manufacturer in eastern Ontario – the Canada Metal Processing Group – said on Feb. 24 that it was cutting 140 employees because of the “actions by the United States” that will result in cancellations or delayed orders.

https://www.theglobeandmail.com/business/article-layoffs-take-hold-as-trade-war-intensifies/

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[–] [email protected] 5 points 1 day ago (6 children)

This sucks and is it the specific reason why some of the business-oriented interests have been pushing for the trade war.

There’s no way to avoid this; it’s just going to be a painful and sizeable adjustment period.

But as we restructure our economy away from relying on America, we will build new jobs and businesses.

They need our minerals, water, trees, and our energy. We don’t need them for anything. So it will suck in the short term but it will get better. It’s the start of something new, and that’s scary and uncertain but let’s do it.

[–] [email protected] 4 points 1 day ago (3 children)

This all feels very bizarre and scary. What if we do cut them off? You wrote it yourself:

they need our minerals, water, trees, and our energy. We don’t need them for anything.

What will happen when they are choked? After all, they are a superpower with a military that can run us over. I know there's talk about NATO and article 5. But, are we sure our allies want to go toe to toe with a superpower? Is Canada worth it for them?

There is great uneasiness in me about all of this because it just seems like negotiations are there to just string us along until they decide enough is enough.

[–] [email protected] 4 points 1 day ago (1 children)

The time to wonder how they’d respond has passed. They already have responded; they are working to destroy us.

I don’t know what they’ll do. They’ve lost every time they’ve tried to occupy a country and they will have the same experience here. But that hasn’t stopped them from repeatedly trying.

It would bring ruination upon both countries but we cannot control them. I hope they realize that before they try.

And at the risk of being a jerk — you should feel scared. I’m scared. It’s scary stuff! But I can find some comfort in standing up what’s right for our people.

[–] [email protected] 5 points 1 day ago (1 children)

And at the risk of being a jerk — you should feel scared.

No, no jerk alert there. I agree and have been scared of what might/is come/coming. If it ever does happen, there will be no winners in it, really. Just a lot of bloodshed for no reason but a few people deciding it should be.

I guess I hold out some hope that the people and military to our south will in some way stop it. Though, hope is fading.

[–] [email protected] 2 points 1 day ago

A few days back somebody posted a list of all the different things that can be done to help prepare and train ourselves and others.

https://lemmy.ca/post/40316357

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