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CAN-USA 2025 Tariff Strife (split from various pol threads)

Begun the Trade Wars have.

You Must Star Wars GIF by Regal
Let's give the people what they want the

 
This is actually a really simple and clean example of how this works in practice, and the way companies will substitute supply.
It also highlights one key fact we keep forgetting. Canada is a small market compared to America, but on a global scale it is not a small market.

Any market of 40+ million is noteworthy, a rich country with a market of 40+ million is worth making efforts to gain or maintain access to.
 
Almost all sources I've ever found refer to a $500 million penalty. That source doesn't clarify whether the amount was the entire payment or a final payment of a larger amount. It's possible a lesser penalty was negotiated, but that doesn't change the fact that Chretien triggered the penalty knowing that it was $500 million.
ive never found a better source than above. I remember the 500 bandied about. Perhaps it was an initial estimate in the news?
 
It also highlights one key fact we keep forgetting. Canada is a small market compared to America, but on a global scale it is not a small market.

Any market of 40+ million is noteworthy, a rich country with a market of 40+ million is worth making efforts to gain or maintain access to.
And that market consciously searching for new suppliers in (likely) every sector is a unique opportunity.
 
It also highlights one key fact we keep forgetting. Canada is a small market compared to America, but on a global scale it is not a small market.

Any market of 40+ million is noteworthy, a rich country with a market of 40+ million is worth making efforts to gain or maintain access to.

The LCBO being the biggest single purchaser of spirits on the planet is a testament to this. It can make or break labels.
 
When this whole ordeal kicked off Canada probably should have started with: "We are immediately legislating and approving, including an initial investment, of an energy corridor from coast to coast to coast. We want industry to come to the table to take this on right now."

Taking American booze off the shelf is such shallow thinking. But I guess that is easier than building some tubes in three directions across a territory that isn't on the same unity page.
 
Interesting (but, once I think about it, predictable) dissent to Trump’s tariffs by Kentucky Senator Rand Paul (R). If my memory is correct, he tends strongly towards libertarian approaches to economics.
Yes. Not just economics.
 
The LCBO being the biggest single purchaser of spirits on the planet is a testament to this. It can make or break labels.
Everyone uses that UBI as if it means something. If the LCBO didn't exist, we could look at a useful measure, such as where ON ranks against entire comparable political jurisdictions.
 
Well, Singh is back up on his soapbox. He's using all his "We can't bring down the government until I get a deal for workers" shtick. i'm pretty sure we're back to square one when the House decides to get back to work. The motion of No Confidence will be scuttled by the orange liberals again, voting to keep the incompetent and dishonest Carney government in place. We are our own worst enemy. Singh has never been able to read a room.

Someone just shoot me now.

 
When this whole ordeal kicked off Canada probably should have started with: "We are immediately legislating and approving, including an initial investment, of an energy corridor from coast to coast to coast. We want industry to come to the table to take this on right now."

Taking American booze off the shelf is such shallow thinking. But I guess that is easier than building some tubes in three directions across a territory that isn't on the same unity page.
Even if we did, it would still be, at the very minimum, a decade out. Do you think there plans rolled up in a tube somewhere, pipe ready to go and a workforce available to do it?
 
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