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Old Posted Mar 25, 2025, 4:08 PM
LeadingEdgeBoomer LeadingEdgeBoomer is offline
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^^^^^^^^^^

Quote:
How far does this stretch? A Walmart (Canada) store is a physical store that was built by Canadians. It was stocked by a Canadian purchasing group (which is why many products differ between Canadian and American stores). And it employs Canadians working in the stores. So, if we shop at a local Walmart, are we shopping Canadian?
That is a question that can apply to many retailers. Home Depot is another similar situation. HBC is actually owned by a US company, in spite of its Canadian pedigree.
You can spin it various ways. If you buy a product at Walmart, a portion of the money you pay stays in Canada. Wages, rent and maintenance cost for the store for instance. More of your money stays in Canada if you buy a Product of Canada at Walmart.
Walmart, and others make a profit on their Canadian operations, and that profit pays dividends to the shareholders, most of whom are in the USA. A portion of what you pay helps maintain the shareholder's profit and ends up in the USA.
It is minefield navigating who owns what and where it is really made. Each of us needs to make our own decision as to how diligent we want to be in seeing that our money stays in Canada to benefit our economy. It takes work to figure out what and where to buy and it is unlikely that we can be completely successful. We will make mistakes. Just do the best you can to help our economy.

Another issue is whether the American owners of the company support Trump. Have they donated money to his election? We know that Musk does and many are boycotting his companies such as Tesla and Starlink and X. Amazon owner, Jeff Bezos has as well. Whole Foods is owned by Amazon, that is, Bezos. Do we want to send money to Trump via Musk and Bezos and others who are known to contribute to his campaigns?

Last edited by LeadingEdgeBoomer; Mar 25, 2025 at 4:25 PM.
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