This article encourages readers to support the Canadian economy by replacing five Made in America products with Canadian-made alternatives. It highlights the importance of economic independence and explores the challenges of identifying Canadian-made goods. The author shares personal experiences with purchasing Canadian whiskey and Crown Royal, emphasizing the quality and affordability.
A sign that reads 'Buy Canadian Instead' is displayed on top of bottles at a B.C. Liquor Store, in Vancouver, on Feb. 2. Buying domestically builds economic independence. If you’ve followed the sobering assessments of what a U.S.-Canada trade war would do to the economy, you have to support the idea of increased spending on the products of Canadian companies that employ Canadian workers. And so, let’s set a goal. This month, try replacing five Made in America products with a Canadian version.
I’ll go first. As you may know, I’m an avid fan of American whisky, aka bourbon. In the past few days, I have acquired two bottles of bourbon-style whisky from Canadian distillers. My colleague in personal finance at The Globe, Erica Alini, reminded me the other day of another Canadian substitute for American hard liquor. It’s Crown Royal, produced in Gimli, Man. There’s a half-empty bottle of CR in my liquor cabinet. Dollar for dollar, it’s one of the better booze bargains out there. One thing that emerged in the responses from readers is that it can be hard to identify products made in this country. One reader responded with a link to a website that helps with this. The Buy Canadian Challenge is meant for people who have the financial resources to swap into products that may cost more. If you’re part of a household that is maxxed out financially, your challenge is to find the lowest price. Boycotts are a luxury item. Are you reading this newsletter on the web or did someone forward the e-mail version to you? If so, you can sign up for Carrick on Money. What is that? Well, it’s basically decluttering your home before you die to lessen the burden on your loved ones. Are you doing this? Is it part of your estate plan? E-mail Globe reporter Meera Raman at... A list of things home stagers will ask you to get rid of to create a great first impression when you’re selling, and some things they do like to include. Thoughts on grocery products to buy before the Feb. 15 end of the federal government’s two-month GST holiday. Here are... A helpful roundup of all potential sources of retirement income, including links to apply to start the Canada Pension Plan and Old Age Security. Egg prices have soared close to as much as nearly US$10 in the United States as a result of an avian flu outbreak, but we’re unlikely to see anything similar in Canada for now. A newsletter last week introduced a periodic feature you’ll see in the weeks ahead in this newsletter – answers to questions readers were too embarrassed to ask. Here’s one that I had to consult readers on: “Best time to book an all-inclusive family vacation to Caribbean? Is it months ahead or last minute?” If you book early, you get what you want. Friends who have picked a last-minute bargain found out it was not a bargain when food and drink were subpar, and they went off the resort to eat. I used to typically book six months ahead. But last year I found a good deal on Boxing Day for travel in February. I checked and prices were higher in January, so I think I got a good deal. From the Canadian Life & Health Insurance Association is this: “If MAID takes place and it is in accordance with the rules and processes set out by the government(s), then MAID will not be considered to be ‘suicide’ for the purposes of life insurance.” The usual caveats with life insurance still apply – whether there was any misrepresentation in applying for coverage, or medical conditions specifically excluded when the policy was issued. A Reddit discussion of whether to continue investing in a balanced mutual fund in a registered education savings plan, or move to ETFs. The flow of money into ETFs in recent years suggests a lot of people are migrating to them from mutual funds. Keyboardist Barry Goldberg was a musician whose credits include work with a who’s who of rock royalty. Goldberg, who was on stage with Bob Dylan at his infamous 1965 Newport Folk Festival gig, and he played with, wrote for or produced Steve Miller, Leonard Cohen, Rod Stewart, Percy Sledge and more. Here’s an oddly appealing tune called... Netflix is the brazen exception to falling inflation. Here’s my strategy for keeping costs low. Netflix is the brazen exception to falling inflation. Here’s my strategy for keeping costs low
BUY CANADIAN CANADIAN ECONOMY TRADE WAR PRODUCT SUBSTITUTES ECONOMIC INDEPENDENCE CANADIAN GOODS
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