🇨🇦 What Else Is Possible? How Canada Can Protect Itself from U.S. Economic Turbulence
By Tina Winterlik aka Zipolita
June 2025
The world is watching the U.S. unravel key treaties and global trust — and sadly, Canada is caught in the fallout.
Trump’s Section 899 proposes taxing investors from “unfriendly” countries, including allies like Canada. If this goes through, it could:
- Reduce returns on our pensions (CPP, RRSPs)
- Push up prices on food, fuel, and essentials
- Destabilize markets we rely on
- Strain diplomatic ties between Ottawa and Washington
But instead of waiting for disaster to hit us from the south, we should ask:
What else is possible?
What can Canada — and Canadians — do to get ahead of this and protect ourselves?
🌿 1. Strengthen Local Economies
We can reduce our dependence on volatile U.S. markets by building strong, self-reliant local economies.
- Support farmers markets and regional food systems
- Shift procurement policies to favor Made-in-Canada solutions
- Fund local manufacturing, green energy, and co-ops
🔁 A resilient local economy is harder to shake — and benefits more people directly.
🪙 2. Rethink Finance: Invest in People, Not Profits
Instead of chasing Wall Street returns, we can create a public wealth strategy:
- Expand community investment funds for housing, infrastructure, and green jobs
- Encourage provinces to create public banks (like Alberta once had)
- Offer safe alternatives to U.S.-linked pension funds, especially for lower-income Canadians
💡 Canada doesn’t need to mirror broken U.S. systems — we can invent better ones.
🌎 3. Diversify Trade Beyond the U.S.
If the U.S. starts punishing allies, Canada can shift toward:
- More trade with Europe (CETA), Asia, Africa, and Latin America
- Stronger investment ties within BRICS, especially where fairer terms are offered
- Indigenous-led trade networks rooted in sovereignty and sustainability
🌐 The world is big — and Canada has global allies ready to build a more balanced system.
🛡️ 4. Build Economic Shields
Canada can:
- Renegotiate treaties and create protections from unilateral U.S. taxes
- Establish an emergency fund to stabilize pensions and public finances
- Back up the loonie with domestic energy, food, and housing production
🧱 We need fireproof shelters before the financial house next door burns down.
🌺 5. Center Indigenous Economic Leadership
In a world moving away from exploitative systems, Canada can lead by listening to Indigenous communities who’ve long practiced sustainability, cooperation, and long-term stewardship.
- Support Land Back and economic justice
- Fund Indigenous-led banking, education, and investment models
- Learn from traditional systems that aren’t driven by short-term greed
🌿 This is a powerful chance to build something better — not just safer, but fairer.
💭 So… What Else Is Possible?
Section 899 may be a warning siren — but it’s also a wake-up call.
If the U.S. is willing to punish friends to protect its broken system, we need to step back and ask better questions:
- Can we build wealth that doesn’t rely on billionaires?
- Can we trade without exploitation?
- Can we protect each other, not just profit margins?
Canada has a choice. We can be pulled down by a collapsing empire — or we can step forward and start imagining something better.
🌈 Let’s take this moment to reclaim economic hope, rebuild trust, and reinvest in what matters — each other.
🖋️ Written by Tina Winterlik aka Zipolita
🌐 Blog: TinaWinterlik.blogspot.com
📷 Insta/Twitter/Pinterest: @Zipolita
✌️ What else is possible? Let's find out — together.
No comments:
Post a Comment