this post was submitted on 16 Feb 2025
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Tariff threats are already driving investment out of Canada (www.cbc.ca)
submitted 1 month ago by HellsBelle@sh.itjust.works to c/canada@lemmy.ca
37 comments fedilink hide all child comments
 

"Whether or not they ever be put into place, the damage is done," said Greig Mordue, a former auto industry executive and associate professor at the W. Booth School of Engineering Practice and Technology at McMaster University.

He says Trump's threats have already changed the landscape. Whether he goes ahead with the tariffs or not, or whether he carves out specific exemptions, the threat alone will drive investment out of Canada and into the U.S.

"For at least the next four years, there will be no serious investment in the Canadian automotive industry," said Mordue.

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[–] CanadaPlus@lemmy.sdf.org 4 points 1 month ago* (last edited 1 month ago) (1 children)

In the short term, we'd still buy cars, just from somewhere else. In the long term, to exaggerate a bit, yeah, poor countries have tons of dababs everywhere.

[–] cyborganism@lemmy.ca 1 points 1 month ago (1 children)

lol "dababs" that's the first time I see that term.

[–] CanadaPlus@lemmy.sdf.org 2 points 1 month ago

Yeah, a standard English name doesn't exist AFAIK.

It's a vehicle of some kind that only sets off once it's full of passengers, basically. If that sounds like it would fuck all schedules it does, but expecting someone to show up in a 15 minute interval is very much not how it works in, for example, rural Africa.