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One only needs to look to "The Law of Comparative Advantage" to see that eventually ALL fresh fruits and vegetables as well as meat, fish, and dairy products will be sourced from elsewhere in the world ! Grain crops, on the other hand, will most likely continue to be produced in the North American continent ... see
http://www.unc.edu/depts/econ/byrns_web ... mp_Adv.htmThe key sentence is found at the bottom:
"Comparative advantage is also molded by: (a) climate and location, (b) institutional and cultural factors,
(c) government policies, (d) the skills and education of the populace, (e) the vigor of internal competition and size of domestic markets, and (f) the ability of domestic entrepreneurs to innovate and cultivate global markets."
Your Ontario industry was, in effect, shut down by "government policies" that don't exist in China ! Minimum wage laws, workman's compensation laws, insurance laws, labor and immigration laws (or the lack thereof), food safety laws, food security laws - I could go on and on ... your industry was trying to compete with a country that doesn't have the same laws if they have ANY of those laws at all ... your "comparative" advantage disappeared and became an "absolute" advantage for China !
Initially consumers should be worried ... more and more of their food is going to be sourced from outside their borders ... in the future, EVERYBODY in your country as well as ours should be EXTREMELY worried ! When we become "beholdin'" to others to feed us, watch out ! Didn't Japan start WWII because they were being starved and frozen to death by oil being blockcaded from being delivered to their country ?
Just my $0.02 ...
Clink !
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