Half of Canadian Manufacturers Moving to America

[00:00:00]A new study finds nearly half of Canadian manufacturers are moving production to America. So much for elbows up Canada's globalist new slogan to fight Trump by giving him all the manufacturing jobs. A new KPMG survey found that 42% of Canadian manufacturers have either moved production to the US or are planning to. 29% have already moved at least some production and other 13% are preparing to. Three-quarters of those expect to move within 2 years. In other words, during Trump's presidency.

[00:00:35]Worse, KPMG says the majority of Canadian manufacturers are now operating in what they call "endurance mode". As in survival mode, not expanding, not investing, just running down the factory, apparently counting the days till they can move to America. Nearly six in 10 have delayed, reduced, or outright canceled capital investment.

[00:00:55]42% have cut R&D. Now, the immediate trigger is Trump's tariffs, which are about to go up this week, but Canada's manufacturing exodus has been a decade in the making thanks to Justin Trudeau and Mark Carney jacking taxes and red tape while strangling Canada's immense oil reserves, 20 times the US on a per capita basis. The deeper problem is that however much Carney wants to elbow up Trump, Canadian manufacturers cannot walk away from America, which makes up almost 1/3 of global consumption, and which geography has been kind enough to plop right next to Canada. 61% of Canadian manufacturers say their business literally cannot survive without access to the US market. So, while Carney jets around a dying Europe, in the real world, Canada cannot replace the world's largest consumer market sitting right across the border with a trade mission to Belgium. It gets worse because once the factory moves, the suppliers follow, the engineers, the skilled workers, then the tax base. This is how a country gets hollowed out, one factory at a time. So, America gets the jobs, Ottawa gets to commission a study.

[00:02:04]So, as Sex Pot TV, "By the Bitcoin Way", Canada's globalist liberals have been a disaster for regular Canadians, delivering West Virginia wages, San Francisco home prices, and sending Canada's best and brightest fleeing to America. Business investment in Canada has collapsed by a third while it doubled in the US. Canada is on the edge of its third recession in 11 years. A recent Bank of Canada study found half of Canada's top 10% people have already fled to the US. What's driving them is there's roughly half a million college grads in Canada competing for just 80,000 jobs.

[00:02:40]This point, a Canadian is 69 times more likely to live in the US than American in Canada, all while Canada mass imports the third world to where 92% of Canada's population growth, as in 92% of future Canadians, are third world migrants. By all rights, Canada should be one of the richest countries in the world. It's blessed with an educated native-born population that's the envy of the rest of the world.

[00:03:05]It's swimming in natural resources to where Canadians shouldn't have to pay any taxes like Saudi Arabia, but the globalists have thrown that all away, turning Canada into the very third world it's importing. A quick bit of housekeeping, after 3 and 1/2 years and over 900 videos, I'm changing it up.

[00:03:22]Instead of a short video every day, I'll be doing one longer video every Friday recapping the week's top stories, what happened, why it matters, what's next.

[00:03:29]The videos will post exclusively on my free Substack. So, to keep watching, head over to profstonge.com and subscribe. It is completely free. Okay, we'll be watching. See you next time.