Canada Must Reindustrialize

Having strong manufacturing capacity within our own territory is not just an economic issue, it’s a national security issue in a dangerous and unpredictable world.

The next Canadian federal election will likely be fought on some of the biggest issues in a generation.

The CCP Virus Crisis has exposed the weakness of our economy, and the vulnerability of our country.

A key reason for that vulnerability is the fact that Canada, like the United States and many Western countries, was deindustrialized.

Our factories were dismantled, and our manufacturing capacity shifted largely to China, a country that became the ‘factory of the world.’

That gave China immense wealth and power, as the world was (and in many cases still is) dependent on China for personal protective equipment, quite an irony since the virus spread because of the Chinese Communist Party.

Our ‘leaders’ and corporate elites made a bet on deindustrialization, enriching themselves but hollowing out our nation and making us weaker.

It turns out, nothing can really replace the ability to actually make real, tangible things.

For all the ways our economy is based on technology, that technology is still built on the foundation of real physical products, resources, and manufacturing capacity.

The reality we face is that Canada must reindustrialize, and we must do it fast.

That doesn’t mean exactly replicating the past. This is a different world.

New factories are more automated than in the past, and require high-tech workers in many cases. However, even in advanced economies like Japan, good working class jobs are still often the backbone of their manufacturing sector.

And Japan is a great example for Canada. Japan is a wealthy nation, and is far less blessed with natural resources than Canada is. Yet, Japan manages to maintain a strong manufacturing sector nonetheless.

Additionally, we have our own history to look back on. We have a strong history of manufacturing in our country, including in Canada when we were a manufacturing powerhouse. Though the industry is different now, it’s important to remember that manufacturing is part of our history and heritage as Canadians.

We need to remember that now more than ever. This must become an election issue.

If Canada fails to reindustrialize, our economy will remain vulnerable, based upon low-paying, unstable jobs, and our country will be stuck in a cycle of dependency on foreign nations like China.

And this is where the Conservatives need to be careful.

The first instinct of the Conservative Party seems to be to move towards a balanced budget as soon as possible. But if the budget is temporarily balanced without our nation reindustrializing, we will simply fall back into serious economic collapse the next time a crisis hits and we have to desperately rely on foreign countries.

Instead, even if it requires billions in spending now, Canada must rebuild our manufacturing capacity. Doing that, and strengthening our military, must take priority.

If the Conservatives fall into the trap of promising fast balanced budgets, they won’t be able to undertake the industrializing Canada needs, and will be outflanked by the Liberals on the issue.

By contrast, if the Conservatives push to rebuild our factories, rebuild our military, and make Canada more self-sufficient, they could lead a historic pace of job creation, a working class revival, and a political realignment that reshapes politics in the nation.

It’s essential that they choose the right path.

Spencer Fernando

Photo – YouTube


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