A FIRST-TIMER’S GUIDE TO BEING A TARIFF WARRIOR.
My $200 cheque arrived in the mail this week: a gift from Doug Ford to every adult in Ontario. I hadn’t thought much about what to do with it. Donate it to a charity? (Dozens have been asking.) Add it to the grandkids’ RESP? Buy eight $25 Tim Horton’s gift cards to give to street people for whom three hot meals a day is not a trivial gift?
But then The Saturday Morning Massacre happened and Donald Trump announced a 25% tariff on all Canadian goods entering America. Suddenly, every media outlet was filled with advice on how to fight back.
I remember back in 2002 when Canada’s dollar fell to an all-time low of 61 cents US, an economist said on CBC that if we all went out and spent $1,000 on a Canadian-made refrigerator or stove or TV, thousands of Canadian jobs would be saved, the dollar would instantly rise and our crisis would end.
Read on…