Only On The Walters Post
A bit more on tariffs along with other things here in CANADA.
When it comes to trade wars, Canada is punching way above its weight—and not in a good way. Every time the U.S. slaps a tariff on something, we fire back with our own. Now, it might feel like standing up for ourselves, but in reality, we’re the ones taking most of the hits.
Let’s face it: the U.S. is an economic giant, and we’re the small guy in the fight. Oh sure, we might land a punch or two, but they can take it. We, on the other hand, feel every blow a lot harder. In my mind, instead of playing this tit-for-tat game, Canada needs to take a smarter approach, one that protects our businesses and workers without making things worse.
The Reality of Size and Strength
The U.S. economy is massive, over ten times bigger than ours, and when tariffs go up, American companies can often adjust. They have more suppliers, more buyers, and a bigger market to fall back on. We don’t have that luxury. When Trump hit our steel and aluminum industries with tariffs, we hit back with our own. But guess what? Our businesses and consumers will end up paying the price.
When we put tariffs on American goods, it doesn’t bring their economy to its knees… it barely makes a dent. But here at home, prices go up, jobs get put at risk, and businesses struggle to compete. So, who’s really winning that fight? Not us.
A Smarter Approach
Rather than going punch for punch, Canada should focus on building its own strength. That means doing more right here at home… bringing in new industries, supporting businesses, and making more of what we need ourselves. We can’t keep relying on other countries for everything. It’s time to stand on our own two feet.
Look at what the U.S. is doing. They aren’t waiting around for other countries to save them…they’re making things at home, investing in their own industries, and looking after their own people first. We should be doing the same. If we put half the energy we use on trade fights into making Canada more self-reliant, we’d be in a much better position.
Instead of always looking to sell elsewhere, we should be figuring out how to make our own products, process our own resources, and create jobs that keep money circulating in Canada. If all this trade trouble with the U.S. has taught us anything, it’s that we can’t afford to keep depending on others. It has to stop. We need to focus on making Canada stronger, not trying to fight battles we can’t win.
And you know what? If we do this right, prices on things like groceries and other essentials should come down. The more we make here, the less we have to import at high costs. It’s not just about industry… it’s about food, too. We need to stop covering up good farmland with concrete and start using it to feed ourselves. Maybe it’s time to bring back the old farmers, the ones who really knew how to work the land, and learn from them instead of relying on massive corporate farms that care more about profit than people. We have the land, the skills, and the resources—it’s just a matter of putting them to use for our own benefit instead of everyone else’s.
So to sum things up: Tit-for-tat might feel good in the moment, but Canada needs to be playing the long game. That’s how we stay strong… not by picking fights we can’t win, but by making sure we don’t have to fight in the first place.
Until the next time: Keep your minds open & Your Stories Alive! GW