MilEME09
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People complaining about media talking about pierres leadership in 3.....2.....1
Liberal (Minority/Majority) Government 2025 - ???
- Thread starter Altair
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Find me a place that hasn’t.
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Did you read the announcement?
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If there was animosity involved, the Coach likely wouldn't have shared the letter this way on the socials.
ArmyRick
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If said media chalks up Larry departure to Pierre's "Leadership" then hell yes, we will say something. Larry thanked the party leader and received words in kind from Pierre.
If the MSM tries to spin this, then our suspicions will be correct.
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Why do we need to?
ArmyRick
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There are many in Canada who believe we are "hurting the USA" and fighting back, this podcast covers a view that we are most likely not.
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We are applying pressure where we can, tourism, alcohol sales, and enduring what we must.
But at the end of the day, what's better, hurting the USA or doing well for ourselves?
Our GDP is growing faster than theirs.
Our inflation is lower.
Our levels of foriegn investments is at decade highs.
Our manufacturing sector is showing signs of strength.
Our trade surplus is growing.
Our federal financial picture is improving.
Our bond yields are stable and amongst the best in the G7.
It comes to a point of who the hell cares what the USA is doing, we are doing very well for ourselves. As for CUSMA, who cares? Mexico has been nothing but appeasing to the USA and they don't have a deal. We have decided to be antagonistic and we don't have a deal. Turns out, nobody was going to get a deal and the Americans are not acting in good faith, so continue to diversify until the situation in washington changes.
ArmyRick
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Thats all I care about. Good view point.
Thats debatable according to the views of different economist but one common theme I have heard from these different view points is that the American GDP is monstrous compared to ours, so while our growth may be faster, its in relation to our own economy.
Caution. It has been pointed out by some economist that some foreign investors are buying up Canadian companies and moving them out of Canada.
We are losing more than we are gaining in manufacturing
At the expense of a weaker loony
I agree in that I don't give a damn how the USA does but how we are doing, however that is a very naive statement to say we are doing well for ourselves
Indonesia, India, Taiwan, Cambodia, The UK to name a few. Mexico is much further along in their negotiations. Ignoring the USA is NOT an option. They can devastate our economy if they get really nasty regardless of what YOU to choose to believe.
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I think it's what we all want.
Yeah, the American economy is always going to be monstrous compared to ours, that's not really a metric we need to monitor. Theirs could collapse in half tomorrow and ours could double and theirs would still be monstrous compared to ours.
Which is why we tend to look at growth. The American economy, while spending almost 6 percent of GDP in deficit spending which should act as a massive sugar rush to their economy, is growing at half the rate ours is at present.
A lot of it has been in stocks and bonds, not buying up Canadian companies. This is just money moving into the Canadian financial sector, leading to a bigger pool of investment dollars for Canadian entrepeneurs.
Canadian manufacturing sector has had 7 straight months of growth, lead by domestic consumption.
This is one of those things people said to wait out on, because it would bear fruit later and we would see the results of....well, around now.
Meanwhile the American manufacturing sector is shedding jobs since liberation day.
Which is fine, it helps soften the effects of on tariffs. Canadian exports reaching record highs, and a trade surplus to boot is what a lower dollar allows us to do.
On all those metrics we are objectively doing better as a country, not just against the USA, but in terms of global comparisons.
That is doing very well for ourselves, in the fact of american tariffs.
Fun story.
Trump and America have signed exactly ZERO free trade agreements. Zero. None. Zilch. Nada. America has signed many Agreements on Reciprocal Trade, but guess what? Those are not legally binding. They can be changed at any time. They don't go through congress, thus as not the laws of the land. They have no dispute mechanisms, no binding agreement that outlasts the administration. The next president can cancel them all on a whim.
CUSMA is an actual free trade agreement. It has dispute mechanisms in place. It goes through congress. It's actually the law of the land in all three countries. So no, no free trade deals have been signed by the Americans.
As for Mexico, who the hell cares. They cannot sign a deal without Canada so they can be as close as they like, as long as Canada is far away, everyone is as equally far away. So the deal expires in 2036. 10 more years. We can certainly ignore them if we so choose to.
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