Fellow Canadians, there is a way out of this morass. For decades, Canada has been its own worst enemy with interprovincial trade barriers that act like a 21% tariff on internal trade, as per the IMF. They impede the flow of goods and services between provinces, raise prices and reduce productivity and overall economic growth within Canada. Moreover, experts estimate that eliminating these barriers could boost Canada's GDP by up to $200 billion annually, and MORE than offset the damage expected from Trump's threatened tariffs. The Business Council of Alberta stated “One of the profound ironies of Canada’s focus on foreign trade is that, in many cases, it is actually easier for Canadian companies to do business across international borders than it is within our own country.” These self-imposed tariffs MUST be eliminated!! Email or otherwise tell your MP and DEMAND these destructive barriers be removed!
Canada needs to become more self sufficient also. Re-tool industries to roll out other things to replace car manufacturer lines, build military equipment to bring our NATO commitments, sell less oil to US to supply for our own country instead of importing oil from other countries, increase our medicine and medical supplies manufacturing, build military ships/helicopters/planes in Canada, build a few North Sea ports along with rail and roads, ……. The list can go on and on to have Canada more competitive globally while creating employment and do more trade deals with more countries so not to be held hostage by one or a few major trade partners like the USA. Very unfortunate and sad situation and era to be in especially with whom we regard as our best friends, the USA. I understand Trump will be gone in 4 years from now but we can face very similar situations with whoever replaces this nut in the near or distant future. Canada cannot be swallowed by the USA EVER !!
Trump is a LIAR. If 🇨🇦Canada was smart it would consider joining the EMERGING BRICS ECONOMIES which include China, Russia, India and UAE which is going off the USD.. As it stands now Canada sells 98% of its LNG and 60% of its Natural Resources to the USA for very low prices. The idea that the United States “subsidizes” Canada to the tune of $200 billion annually is an erroneous interpretation of the economic and energy relationship between the two nations. This claim lacks the analytical rigor necessary to withstand scrutiny when we consider the facts. First, Canada is a critical supplier of energy to the U.S., providing a substantial portion of its crude oil and natural gas needs. Approximately 60% of U.S. crude oil imports come from Canada, most notably from Alberta's oil sands, a resource that represents a significant part of Canada's energy production CANADA ENERGY REGULATOR . The United States also imports 98% of Canada’s natural gas, an essential resource that powers homes and industries across the U.S. during the colder months EIA . This energy exchange is a matter of mutual necessity, not a one-sided dependency. The term "subsidy" implies one party is providing financial support to the other. In this context, it is crucial to distinguish between a trade relationship and a financial aid arrangement. The energy Canada provides is not given as a charity or a handout; it is sold at market prices, reflecting the value of the resources being exchanged. The United States, in return, exports over $300 billion in goods to Canada annually, including vehicles, machinery, and technology EIA . This reciprocal trade benefits both economies and underpins millions of jobs on both sides of the border. Furthermore, Canada’s defense contributions are often undervalued in discussions like these. Canada is not merely a passive recipient of American protection; the two countries cooperate through NORAD and share responsibility for the defense of North America. Canada’s military, though smaller than that of the U.S., plays an active role in peacekeeping and global security efforts. The assumption that Canada "FREELOADS" on the U.S. military is therefore logically flawed and ignores decades of joint action. In sum, this claim of a "$200 billion subsidy" does not withstand scrutiny when examined through the lens of facts. Canada’s role as a supplier of essential resources to the U.S. is a mutual exchange, one that supports both economies. Similarly, the defense partnership is based on shared responsibility, not a hierarchical arrangement where one side is a mere recipient of the other’s generosity. Thus, it is neither logical nor accurate to claim that the U.S. is subsidizing Canada in the manner implied by such statements. Instead, the reality is a balanced interdependence, rooted in economic and security cooperation. 🇨🇦
and it's up to our representatives in Government and in business to clearly express these ideas both in negotiations and in statements to the public via multiple platforms
More incompetance
is what we should expect
"US economy is doing well". Translation: US economy is the cleanest shirt in the dirty laundry pile.
Fellow Canadians, there is a way out of this morass. For decades, Canada has been its own worst enemy with interprovincial trade barriers that act like a 21% tariff on internal trade, as per the IMF. They impede the flow of goods and services between provinces, raise prices and reduce productivity and overall economic growth within Canada. Moreover, experts estimate that eliminating these barriers could boost Canada's GDP by up to $200 billion annually, and MORE than offset the damage expected from Trump's threatened tariffs. The Business Council of Alberta stated “One of the profound ironies of Canada’s focus on foreign trade is that, in many cases, it is actually easier for Canadian companies to do business across international borders than it is within our own country.”
These self-imposed tariffs MUST be eliminated!!
Email or otherwise tell your MP and DEMAND these destructive barriers be removed!
Thank you for a bit of positivity. 🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦
I think as a canadian, we should take a 2008 approach.
All i agree except the us rates they will be dropping big time by mid year
Ready, fire, aim! lol
I would hate to be a Canadian white collar or government worker.
Why ?
Canada needs to become more self sufficient also. Re-tool industries to roll out other things to replace car manufacturer lines, build military equipment to bring our NATO commitments, sell less oil to US to supply for our own country instead of importing oil from other countries, increase our medicine and medical supplies manufacturing, build military ships/helicopters/planes in Canada, build a few North Sea ports along with rail and roads, ……. The list can go on and on to have Canada more competitive globally while creating employment and do more trade deals with more countries so not to be held hostage by one or a few major trade partners like the USA. Very unfortunate and sad situation and era to be in especially with whom we regard as our best friends, the USA. I understand Trump will be gone in 4 years from now but we can face very similar situations with whoever replaces this nut in the near or distant future. Canada cannot be swallowed by the USA EVER !!
Big Short 2
For trudumbo... , put 100% tariffs on CANADA ... I would be okay with 200% or more ...
Cool so you would pay your gaz electricity and cars 200% more !
Mark Carney is the only answer to this american mess.
Trump is a LIAR. If 🇨🇦Canada was smart it would consider joining the EMERGING BRICS ECONOMIES which include China, Russia, India and UAE which is going off the USD.. As it stands now Canada sells 98% of its LNG and 60% of its Natural Resources to the USA for very low prices. The idea that the United States “subsidizes” Canada to the tune of $200 billion annually is an erroneous interpretation of the economic and energy relationship between the two nations. This claim lacks the analytical rigor necessary to withstand scrutiny when we consider the facts. First, Canada is a critical supplier of energy to the U.S., providing a substantial portion of its crude oil and natural gas needs. Approximately 60% of U.S. crude oil imports come from Canada, most notably from Alberta's oil sands, a resource that represents a significant part of Canada's energy production CANADA ENERGY REGULATOR . The United States also imports 98% of Canada’s natural gas, an essential resource that powers homes and industries across the U.S. during the colder months EIA . This energy exchange is a matter of mutual necessity, not a one-sided dependency. The term "subsidy" implies one party is providing financial support to the other. In this context, it is crucial to distinguish between a trade relationship and a financial aid arrangement. The energy Canada provides is not given as a charity or a handout; it is sold at market prices, reflecting the value of the resources being exchanged. The United States, in return, exports over $300 billion in goods to Canada annually, including vehicles, machinery, and technology EIA . This reciprocal trade benefits both economies and underpins millions of jobs on both sides of the border. Furthermore, Canada’s defense contributions are often undervalued in discussions like these. Canada is not merely a passive recipient of American protection; the two countries cooperate through NORAD and share responsibility for the defense of North America. Canada’s military, though smaller than that of the U.S., plays an active role in peacekeeping and global security efforts. The assumption that Canada "FREELOADS" on the U.S. military is therefore logically flawed and ignores decades of joint action. In sum, this claim of a "$200 billion subsidy" does not withstand scrutiny when examined through the lens of facts. Canada’s role as a supplier of essential resources to the U.S. is a mutual exchange, one that supports both economies. Similarly, the defense partnership is based on shared responsibility, not a hierarchical arrangement where one side is a mere recipient of the other’s generosity. Thus, it is neither logical nor accurate to claim that the U.S. is subsidizing Canada in the manner implied by such statements. Instead, the reality is a balanced interdependence, rooted in economic and security cooperation. 🇨🇦
and it's up to our representatives in Government and in business to clearly express these ideas both in negotiations and in statements to the public via multiple platforms