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Turn a blind eye to this one

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  • blackpowder
    Senior Member
    • Feb 2010
    • 9402

    Turn a blind eye to this one

    The survey of 275 manufacturers finds that 57 per cent say they have paused, reduced or cancelled capital expenditure projects due to economic uncertainty and trade and tariff threats, while 42 per cent have scaled back or paused research and development spending. More than half (52 per cent) say they are currently operating in “endurance mode.”

    KPMG website
    42 per cent say they have already moved production to the U.S. or are considering doing so 29 per cent have moved some or all production
    13 per cent have not yet moved production but plan to move some or all; of those considering relocation, 77 per cent expect to move within two years
    More than half (52 per cent) of manufacturers say they are operating in “endurance mode”
    57 per cent have paused, reduced or cancelled capital investment projects (CAPEX)
    36 per cent scaled back
    12 per cent paused
    9 per cent cancelled
    42 per cent have paused or reduced research and development (R&D) investment due to economic uncertainty and trade and tariffs
    27 per cent scaled back
    15 per cent paused
  • blackpowder
    Senior Member
    • Feb 2010
    • 9402

    #2
    Rather than paste the whole page, go to KPMG site to read it.
    Definitely not just tariffs.
    I challenge the peanut gallery to downplay this one.

    Comment

    • 13stripe
      Member
      • Sep 2022
      • 98

      #3
      Personally have done this due to municipal incompetence/corruption.

      Comment

      • shtferbrains
        Senior Member
        • Jun 2017
        • 5369

        #4
        I saw that.
        Very scary for everyone.
        Saw one where they interviewed owner in one of those small Mennonite shops set up in Southern Manitoba.
        Said to many unkowns to continue expanding after doing a large one a few yrs ago.
        A lot of ag manufacturers in this province. 72% of the exports from ag equipment manufacturing in Sask goes to the U.S.

        Easy to look at Trump policy but Carney can't be doing any good saying that is all over and we are going to Europe.
        The EU was formed to look after themselves. Worked For a while but they thought they needed more and more regulatory to protect what they had.
        We've got plenty of regulations protecting us. But if we tie in with the EU we will need all their's for reciprocal trade rules.

        Industry,large and small, have lost confidence in government policy?
        So if some think they are better elsewhere, do they see that policy as more stable and attractive?
        We are told we can't trust them?
        Buisness voting with their feet?

        Last edited by shtferbrains; Jul 8, 2026, 19:27.

        Comment

        • blackpowder
          Senior Member
          • Feb 2010
          • 9402

          #5
          Lower taxes, lower cost of living, lower energy cost.
          Not just attributable to one politician or policy.

          Comment

          • GALAXIE500
            Senior Member
            • Dec 2003
            • 684

            #6
            When I ask people older than me ( I'm 57) what the Liberals have done for them the last 11 years , they really don't have too many answers!

            Just my 2 cents.

            Comment

            • sumdumguy
              Senior Member
              • Mar 2007
              • 12104

              #7
              Canada is so screwed.

              Comment

              • furrowtickler
                Senior Member
                • Dec 2004
                • 22504

                #8
                Originally posted by GALAXIE500 View Post
                When I ask people older than me ( I'm 57) what the Liberals have done for them the last 11 years , they really don't have too many answers!

                Just my 2 cents.
                Absolute terrible fiscal management and only catered to the fringe minority groups …. That’s it in a nutshell for a decade
                Last edited by furrowtickler; Jul 9, 2026, 14:05.

                Comment

                • rumrocks
                  Senior Member
                  • Mar 2018
                  • 1182

                  #9
                  Yup too many layers of bureaucracy, time consuming restrictive regulations and taxes, tax on taxes, it can just wear you down. Yes I could sell my land and move south, but taxes would be involved. I can see why businesses move south.
                  Lots of people moving away from high taxes in mismanaged California too.

                  Comment

                  • chuckChuck
                    Senior Member
                    • Dec 2006
                    • 13228

                    #10
                    I see the chronic complainers and naysayers are again telling us how bad Canada is!

                    But funny enough there is no mention of tRumps trade war and serious attacks on our economy!

                    WTF are you guys smokin?

                    Are you totally effing oblivious to what tRump is doing?

                    This explains why the the Conservatives and PP will lose the next election because they haven't figured out that tRump is bad for our economy! And hardly anybody likes him except a few wanna be republican traitors! LOL

                    Comment

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