'Made in Canada': is manufacturing coming home?
Business Daily
BBC
4.4 • 796 Ratings
🗓️ 25 March 2025
⏱️ 18 minutes
🧾️ Download transcript
Summary
'Made in Canada': Words that are now a common sight on Canadian shelves, after Donald Trump's tariffs sparked a trade war with the country.
The US president has imposed 25% tariffs on steel and aluminium imports from Canada. Trump has also vowed to impose a sweeping range of "reciprocal" tariffs on 2 April.
North of the United States' border, the trade dispute has generated a wave of patriotism, with some consumers and businesses boycotting American products. But what impact has it had on business?
In this programme, we hear from the Canadian firms choosing to bring operations back to Canada and learn about the hurdles along the way.
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Presenter: Sam Gruet Producer: Megan Lawton
(Picture: An employee covers a stack of aluminum billets with plastic. Credit: Getty Images)
Transcript
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| 0:00.0 | Hello and welcome to Business Daily from the BBC World Service. I'm Sam Gruet. |
| 0:06.6 | Today, there's a wave of patriotism sweeping North America. |
| 0:11.0 | The number of people who say they're very proud of their country has risen from 34 to 44%. |
| 0:16.6 | Not in the United States, but its neighbor to the north. |
| 0:19.9 | We're a country that will be diplomatic when we can, but fight when we must, elbows up. |
| 0:28.4 | Here in Canada, it's been all over the TV, like this on the Canadian Broadcasting Company. |
| 0:35.4 | A reaction to the words and actions by U.S. President Donald Trump. |
| 0:40.3 | So I think Canada is going to be a very serious contender to be our 51st state. |
| 0:45.8 | But what impact has tariffs and the threat of more tariffs had on Canada's economy? |
| 0:51.8 | Sometimes it takes an immense disruption to really make people shake things up and be willing |
| 0:56.9 | to do more bold things. |
| 0:58.7 | Today, we're exploring a new phenomenon born out of growing geopolitical tensions and isolationism, |
| 1:05.5 | reshoring. |
| 1:06.1 | We'll learn what it is and ask if it's really possible to bring manufacturing back to Canada. |
| 1:12.3 | That's all coming up on today's Business Daily. |
| 1:19.4 | We're starting this episode in Toronto, Canada's largest city. |
| 1:23.9 | It's about two hours drive north of the US border and its position on Lake Ontario makes it a hub for imports and exports. |
| 1:32.3 | In 2023, the Canadian province of Ontario, which includes Toronto, |
| 1:37.4 | imported and exported around 780 billion Canadian dollars worth of goods. |
| 1:43.2 | That's over 500 billion in US dollars, according to statistics Canada. |
| 1:48.8 | A short drive from the port, I'm heading to meet Joanna Goodman, who owns homeware business |
| 1:53.4 | only fine linens. |
... |
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