iAsk.ca

Why Canadian-made isn’t a niche – it’s a strategic advantage

(1 week ago)
Gobi Kim
Business

AI Summary

TL;DR: Key points with love ❤️

The article argues that 'made in Canada' is no longer a niche but a strategic advantage for businesses, especially amid global trade tensions. Companies like East Coast Glow (skincare) and Hoi Bo (clothing) are thriving by focusing on local production, avoiding supply chain disruptions, and appealing to growing consumer demand for ethical and locally sourced goods.

  1. 1 2010: Mr. Dewling's company journey began; Hoi Bo opened first shop.
  2. 2 2016: East Coast Glow opened a shop.
  3. 3 2024: Hoi Bo added a second location.
  4. 4 2025: East Coast Glow reports 29% sales increase; Hoi Bo reports 37% net sales growth since opening second location.
  • Increased sales and growth for Canadian-made businesses
  • Enhanced resilience against global trade disruptions
  • Shift in consumer preference towards local products
  • Potential for a new chapter in Canadian design
What: The concept of 'Canadian-made' products is evolving from a feel-good sentiment to a strategic business advantage, particularly in times of global trade tensions.
When: Current (2025 sales increase for East Coast Glow, Hoi Bo opened second location in 2024).
Where: Canada (Newfoundland, Clarenville, Bonavista, Toronto, Distillery District, Dundas Street West).
Why: Global trade tensions, disruptions in global supply chains, rising costs, and increasing consumer interest in ethical, local production are driving the shift towards local manufacturing as a strategic imperative.
How: Businesses like East Coast Glow and Hoi Bo are focusing on local craftsmanship, small-batch production, vertical integration, and sustainable practices to build resilient and tariff-proof businesses.

The article argues that 'made in Canada' is no longer a niche but a strategic advantage for businesses, especially amid global trade tensions. Companies like East Coast Glow (skincare) and Hoi Bo (clothing) are thriving by focusing on local production, avoiding supply chain disruptions, and appealing to growing consumer demand for ethical and locally sourced goods.