• Thanks for stopping by. Logging in to a registered account will remove all generic ads. Please reach out with any questions or concerns.

CAN-USA Tariff Strife (split from various pol threads)

Small business... the economic canary in the coal mine


CFIB says small business confidence fell to all-time low as trade war ramped up​




The Canadian Federation of Independent Business says small business confidence dropped to an all-time low in March as the trade war with the U.S. ramped up.

The federation says its business barometer long-term index fell 24.8 index points to 25.0 in March.

Measured on a scale between zero and 100, an index reading below 50 means owners expecting their business’s performance to be weaker over the next three or 12 months outnumber those expecting stronger performance.

Simon Gaudreault, CFIB’s chief economist and vice-president of research, says no one knows when the tariff war will end, and businesses are worried the worst is yet to come.

 
A halving of the SMB confidence index isn’t great…not causal necessarily, but certainly correlative indicator and warning.
 
OK if you are importing a classic car - a 68 Dodge Charger R/T - that you paid 96K American for BPT to pay 46K Canadian in tariffs and taxes.

AND they taxed the tariff.....

BTW I didn't import a car but someone in Winnipeg did. It is now sitting in North Dakota.
If I were buying stuff like that right now, I'd put it in storage in the US if it were cost-effective compared to paying a tariff. (I assume it's one of those things where the opportunity to buy can't simply be passed up. People should act with their wallets by curbing discretionary purchases and let the politicians on both sides of the borders eat the recession they are determined to bring about.)
 
Yeah, none of that is legally a thing they can do.

Well, it's Victoria so....
Ahh, but it sounds cool...kinda like how the BC NDP declared Canadian soldiers to be terrorists...
All the border vigilance is paying off.... for Canada:

Funny how he was coming north...but we're the problem (well, I guess someone in Alberta is a problem in that they're selling a decent amount of coke).
 
I’m wondering if anyone actually calculated the kind of discontent and anger this whole experiment will cause as people lose their livelihoods in mass numbers…
deliberately trying to wreck the economy is such a strange thing
 
I’m wondering if anyone actually calculated the kind of discontent and anger this whole experiment will cause as people lose their livelihoods in mass numbers…

No need to calculate, when you’re the smartest guy…huge experience, HUGE I tell you!

deliberately trying to wreck the economy is such a strange thing
1742520990198.gif
 
Back
Top