Why manufacturing hasn’t returned to Canada

109,454 次觀看・1 年前

A new report from RBC Economics says that although pandemic disruptions led to growing calls to bring some manufacturing back to Canada – a process known as reshoring – “there’s little evidence of supply chains returning to Canadian soil.” The report by senior economist Josh Nye said that factory construction fell to a decade low in Canada, and that domestic production is only surpassing imports in areas in which Canada is already a dominant player.

The Public Policy Forum’s Sean Speer says if Canada wants to get serious about reshoring, governments will have to use policy tools to bring manufacturing back within our borders.

“A reshoring agenda can’t be passive. If left to its own devices, the market will continue to push production to lower cost jurisdictions,” Speer said.

“It’s going to require action on the part of Ottawa and the provinces if that’s something we want, and I happen to think it’s something we should be pursuing.”

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