Jack M. Mintz: Don’t strangle trade

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Better for Canada to agree with key allies to share resources during emergencies rather than create an ever-lengthening list of strategic materials and assets

With this year’s Passover arriving in the midst of the COVID-19 crisis, my wife sent out a note to our kids’ families that this year’s Seders — the ritual services and ceremonial dinners for the holiday’s first two evenings — are cancelled due to a plague. The humour, of course, is a play on the Passover story of the 10 plagues that led to the Hebrews’ deliverance from Egypt thanks to “the mighty hand of the Lord.

Canada has always been a trading nation. Because of our weather, we simply can’t make many foodstuffs — like bananas and oranges — unless we build expensive greenhouses . So we import products and services that are cheaper to produce elsewhere. To pay for these imports, we export products we have a production advantage in, like energy and forest products. With countries trading products according to their specialized advantage, world incomes arise.

In the current pandemic, ill-prepared governments have found themselves short of key medical products, such as masks, protective gear, ICU beds, makeshift hospitals and ventilators, some of which would be imported from countries like China, Ireland and the United States. Canada, which exported masks to China early on, is angry with Donald Trump for trying to stop 3M from selling us masks, a perfect example of what can happen when nationalism undermines international trade and co-operation.

 

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