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Economic Viewpoint

Are We Starting to See Signs of Reshoring in Canada

August 30, 2023
Benoit P. Durocher
Principal Economist

In recent years, heightened geopolitical and trade tensions have challenged the economic models of the past few decades, which have hinged on globalizing trade. Now reshoring is attracting increased interest. With Canada’s economy highly dependent on international trade, this could have major consequences for the country. But are Canadian businesses actually reshoring?

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