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March 31, 2025 | Ice Carnage Made in Canada

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

This weekend’s ice storm hit hard. Since Saturday, we have relied on a generator and intermittent cell service. We’re the lucky ones in that only our yard was decimated by crashing trees. Many people sustained direct hits to their homes. It looks like a war zone. Fortunately, warm air has melted the assailing ice sheets this morning.

At the moment, I have a couple of bars to hotspot off my phone, so I’m taking the opportunity to share a worthwhile discussion on the complexity of discerning “Made in Canada” goods. Happy Monday, March is kicking hard on the way out.

With the erratic threats of Trump’s tariffs, many Canadians are switching to “Made in Canada” products. But in today’s market, what does “Made in Canada” mean? How much of anything we buy is made right here in our country? Despite the highly integrated economy that Canada and the U.S. share, can we become more self-reliant by shifting all production to our home and native land? Jim Stanford, economist and Director of the Centre for Future Work; Vass Bednar, executive director of the Master of Public Policy Program at McMaster University and host of the “Lately” podcast; and Jim Hinton, owner and founder of Own Innovation and a Senior Fellow at CIGI, the Centre for International Governance Innovation, join Steve Paikin to discuss what it takes to make more in Canada. Here is a direct video link.

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March 31st, 2025

Posted In: Juggling Dynamite

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