Trust in our Institutions

[lenaitch]

The EU has red tape for their red tape bundles...

If Canada Wants a Plan B for Trade, Europe Could Be the Answer​

It’s time for us to play the field​

What potential obstacles could come up?

When people think of the EU, they will often think of regulatory burden. But regulation is like cholesterol. There’s good cholesterol and there’s bad cholesterol. There’s good regulation and there’s bad regulation. Regulation isn’t inherently bad. It’s just a question of understanding it.

I think there are always challenges to regulation that not everybody always agrees with, but I think this is something that Canadian companies should be watching very carefully. For example, EU regulations are increasingly focusing on supply chains and the transparency of companies’ obligation to report on those supply chains.

Because, again, the EU is embarking on this with a view to become more competitive. And while the EU market may not be as attractive as the US market right now in terms of growth, it is a big market. There’s nearly 450 million people. It’s a wealthy market. And they’re very aware of their challenges and taking some active steps to try to address them.

If Canada Wants a Plan B for Trade, Europe Could Be the Answer | The Walrus

It’s time for us to play the field

thewalrus.ca

Would industry possibly have to adjust production, tooling, etc. to satisfy or be compliant with the European market? No doubt. It's a different world from the heavily integrated North American market, but I don't envision the fundamental changes to Canadian society and governance that was cited.

”Trade with European Union will require massive compromises and adoptions by Canada of standards and levels of environmental action, rules for property ownership, our constitutional division of powers, our common law, our laws of contract, our travel, trade in a manner that is not compatible with how 10s of millions of Canadians want to live their lives.”

 

[Fishbone Jones]

The 51st State stuff was just Trump twisting our tit, IMO. Carney made it an explosive action and ramped up the existential threat and what an evil interloper trump was. Unfortunately, a large part of my age group swallowed the bait like a bass after a rattle lure. Fortunately though, a number are starting to see carney for the liar he is.

 

[daftandbarmy]

Would industry possibly have to adjust production, tooling, etc. to satisfy or be compliant with the European market? No doubt. It's a different world from the heavily integrated North American market, but I don't envision the fundamental changes to Canadian society and governance that was cited.

We'd better figure it out... China's in there now:

Why the European Union won't hit China with the 100% tariffs that Trump wants​

Last week, US Treasury Secretary Scott Bessent met with the European Union's sanctions envoy, David O'Sullivan, in Washington, and US Energy Secretary Chris Wright met with High Representative Kaja Kallas and Energy Commissioner Dan Jørgensen in Brussels. On Friday, G7 finance ministers held a call centred on sanctions.

But Trump's message dashed hopes that a new common front might soon emerge.

While Brussels voiced readiness to accelerate the phase-out of Russian fossil fuels, it pushed back rather decisively against the request for the three-digit tariffs.

"Any new measures to be announced in the 19th sanctions package will be fully in line with EU rules and procedures, notably the long-held principle that our sanctions do not apply extra-territorially," said a spokesperson of the European Commission.

Privately, diplomats were franker: no way.

Why the EU won't hit China with the 100% tariffs that Trump wants

Donald Trump's request for 100% tariffs on China is unlikely to gather the necessary support among European Union countries. #EuropeNews

www.euronews.com