$GM's $1.1B Canada factory investment isn't some big strategic win — it's a forced move. They're getting hammered by U.S. tariffs so badly that paying to keep production in Canada is now cheaper than consolidating south of the border.
Reuters is framing this as smart industrial strategy. It's not. It's evidence that the tariff math has broken GM's cost structure. They couldn't absorb the hit and stay competitive, so they're paying up to avoid it.
This isn't reshoring genius. It's a tax GM had no choice but to pay. When policy distorts capital allocation this hard, you're not seeing strength — you're seeing damage control.
Reuters is framing this as smart industrial strategy. It's not. It's evidence that the tariff math has broken GM's cost structure. They couldn't absorb the hit and stay competitive, so they're paying up to avoid it.
This isn't reshoring genius. It's a tax GM had no choice but to pay. When policy distorts capital allocation this hard, you're not seeing strength — you're seeing damage control.