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


Did some very quick research and found that the US imports 46% of it's nickel as of 2023 from... Canada, as we sit on top of the biggest deposit on the NA continent. There is only a single nickel mine in the US (Eagle Mine in Michigan) and it doesn't put out anywhere near enough to meet demand. So this is an extremely good card to have.

Edit:

Ford’s interview with NBC News NOW on Monday afternoon came after an earlier press conference in Toronto where he mused about introducing legislation that would require retailers to place signage on shelves indicating whether a product is Canadian made amid a potential trade war with the United States.

“I am asking politely before I implement it. Every retail store when you go look at the shelf talker and it has the price we need to see a Canadian flag on that price. Please work with us or we are going to legislate it,” Ford said.

I admit as not a really big Ford fan that this is a very good idea and fully support it.
 

Did some very quick research and found that the US imports 46% of it's nickel as of 2023 from... Canada, as we sit on top of the biggest deposit on the NA continent. There is only a single nickel mine in the US (Eagle Mine in Michigan) and it doesn't put out anywhere near enough to meet demand. So this is an extremely good card to have.

Edit:



I admit as not a really big Ford fan that this is a very good idea and fully support it.
The US also doesn't refine its own nickel, it all goes to Sudbury. So turning off that tap would have a significant knock down effect.
 
Would you say you're more inclined to vote Liberal/NDP or Conservative?
Red Tory. Still frustrated at Mackay's last leadership loss. Have let my CPC membership lapse under Poilievre's leadership. Between a great CPC MP (Alex Ruff) and the need to see JT gone I would for sure have held my nose and given PP a vote, but now I'll wait and see the new leader's platform.
 
The US also doesn't refine its own nickel, it all goes to Sudbury. So turning off that tap would have a significant knock down effect.

Buying up the nickel we might not be exporting anymore and stockpiling it to keep the mines going doesn't seem like a terrible idea, especially with Nippon Steel teaming up with Champion Iron and Sojitz on the Kamistiatusset iron ore mine project. We're going to need a lot of quality steel if we're going to be getting serious about defense.
 


Statement by the Prime Minister on unjustified U.S. tariffs against Canada​

The Prime Minister, Justin Trudeau, today issued the following statement on unjustified U.S. tariffs against Canada:

“Today, after a 30-day pause, the United States administration has decided to proceed with imposing 25 per cent tariffs on Canadian exports and 10 per cent tariffs on Canadian energy. Let me be unequivocally clear – there is no justification for these actions.

“While less than 1 per cent of the fentanyl intercepted at the U.S. border comes from Canada, we have worked relentlessly to address this scourge that affects Canadians and Americans alike. We implemented a $1.3 billion border plan with new choppers, boots on the ground, more co-ordination, and increased resources to stop the flow of fentanyl. We appointed a Fentanyl Czar, listed transnational criminal cartels as terrorist organizations, launched the Joint Operational Intelligence Cell, and are establishing a Canada-U.S. Joint Strike Force on organized crime. Because of this work – in partnership with the United States – fentanyl seizures from Canada have dropped 97 per cent between December 2024 and January 2025 to a near-zero low of 0.03 pounds seized by U.S. Customs and Border Protection.

“Canada will not let this unjustified decision go unanswered. Should American tariffs come into effect tonight, Canada will, effective 12:01 a.m. EST tomorrow, respond with 25 per cent tariffs against $155 billion of American goods – starting with tariffs on $30 billion worth of goods immediately, and tariffs on the remaining $125 billion on American products in 21 days’ time. Our tariffs will remain in place until the U.S. trade action is withdrawn, and should U.S. tariffs not cease, we are in active and ongoing discussions with provinces and territories to pursue several non-tariff measures. While we urge the U.S. administration to reconsider their tariffs, Canada remains firm in standing up for our economy, our jobs, our workers, and for a fair deal.

“Because of the tariffs imposed by the U.S., Americans will pay more for groceries, gas, and cars, and potentially lose thousands of jobs. Tariffs will disrupt an incredibly successful trading relationship. They will violate the very trade agreement that was negotiated by President Trump in his last term.”
 
Buying up the nickel we might not be exporting anymore and stockpiling it to keep the mines going doesn't seem like a terrible idea, especially with Nippon Steel teaming up with Champion Iron and Sojitz on the Kamistiatusset iron ore mine project. We're going to need a lot of quality steel if we're going to be getting serious about defense.
You're trying to outguess commodities speculators. Probably a bad idea.
 
Red Tory. Still frustrated at Mackay's last leadership loss. Have let my CPC membership lapse under Poilievre's leadership. Between a great CPC MP (Alex Ruff) and the need to see JT gone I would for sure have held my nose and given PP a vote, but now I'll wait and see the new leader's platform.
Willing to ignore the last 10 years of Liberal behavior for someone who's already caught lying multiple times about insignificant things?
 
$500 million was the penalty. The contract was considerably more than that. Nevertheless, that was about 0.4% of federal revenues at the time.
And 10% of DND budget that year.

And we ended up buying less helicopters for the same amount (unadjusted for inflation) ten years later.
 
If so that's really stupid virtue signalling of him.

Didn't we do that a few years with a helicopter contract? Canceled the contract, didn't get the new helicopters, and had to pay more in fees than the original contract was worth. Unless I'm misremembering that.
$157.8 million
 

Canada's Government said yesterday that it had reached a settlement agreement with E. H. Industries, a jointly owned unit of Westland Helicopters Ltd. of Britain and Agusta S.p.A. of Italy, for a claim arising from the 1993 cancellation of the EH-101 helicopter program. The settlement, worth $157.8 million (Canadian), or $115 million (United States), was reached in October but was made public only yesterday.

David Dingwall, Minister of Public Works and Government Services, said the settlement meant the Government "has closed the books on the EH-101 helicopter program." Prime Minister Jean Chretien's Government canceled the deal, reached by his Conservative predecessors, soon after taking office in late 1993. (Reuters)



EH 101 ? Cadillac elicopter?

That was a 500 million dollar penalty was it not?
 

Canada's Government said yesterday that it had reached a settlement agreement with E. H. Industries, a jointly owned unit of Westland Helicopters Ltd. of Britain and Agusta S.p.A. of Italy, for a claim arising from the 1993 cancellation of the EH-101 helicopter program. The settlement, worth $157.8 million (Canadian), or $115 million (United States), was reached in October but was made public only yesterday.

David Dingwall, Minister of Public Works and Government Services, said the settlement meant the Government "has closed the books on the EH-101 helicopter program." Prime Minister Jean Chretien's Government canceled the deal, reached by his Conservative predecessors, soon after taking office in late 1993. (Reuters)
Thank you - I was under the impression it was significantly higher.

Still, a travesty that was politically motivated, and poorly communicated.
 
If so that's really stupid virtue signalling of him.

Didn't we do that a few years with a helicopter contract? Canceled the contract, didn't get the new helicopters, and had to pay more in fees than the original contract was worth. Unless I'm misremembering that.
Not a great analogy. Starlink isn't building anything for the province - the satellites and electrons are still there. We obviously don't know the terms but the words 'contract' and 'agreement' are being tossed around fair loosely. The undertaking was to bring Internet to remote customers. We don't know if it was some bulk purchase discount agreement for the ground equipment or what the terms are (it wasn't supposed to go live until this Spring).

Residentially, Starlink has no service contracts. Commercially I don't know but I highly doubt the province was going to be the buyer of the services. The Starlink 'deal' is (was) part of a larger data accessibility package. The province is also funding Bell to run fibre down my road. A bit different since Bell is actually installing infrastructure, but I can assure you I will be the bill paying customer.
 
Thank you - I was under the impression it was significantly higher.

Still, a travesty that was politically motivated, and poorly communicated.
the wikipedia page
says
"After a change of government in October 1993, the incoming Liberal Party cancelled the NSA, incurring CA$500 million of cancellation fees."
maybe thats where its from? Maybe an original number thrown out in negotiations? Maybe all in costs to the program?
 
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