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You are here: Home / Economy / Oil Should be Included in Buy Local – Buy National Initiatives

My Newsroom / April 21, 2020

Oil Should be Included in Buy Local – Buy National Initiatives

The COVID pandemic has reinforced the reality of how deeply ingrained concepts such as global trade and just-in-time supply chains have become. And that recognition has sparked calls for a new form of nationalism – that items critical to health and our economic well-being should be sourced locally.

It has generated a Buy Canadian movement similar to the Buy Local initiatives that become well known in recent years. We shouldn’t rely on foreign suppliers for respirators or ventilators, the argument goes.

What has not been, but should be, included in that mantra is Canadian oil. Years ago the industry was almost destroyed in the name of kicking foreign ownership out of the industry and making ownership of oil produced in Canada Canadian. The same should go for consumption of that oil.

We can’t say importing products critical to health are outlawed while still allowing imports of products critical to our economy from places such as Saudi. Either we’re in this together or we aren’t. Leaders will be judged by how they handle that question.

Filed Under: Economy, Resources Tagged With: buy canadian, canadian first, economy, nationalism, resources

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