QV
Army.ca Veteran
- Reaction score
- 4,435
- Points
- 1,040
He's a master at getting a discussion going
CAN-USA Tariff Strife (split from various pol threads)
- Thread starter Remius
- Start date
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Some specific industry & sector expertise to be mined, but politics dial's well above zero, too - a very quick Google-fu of the team ....
- Jean Charest (fmr QC premier, Team Red from Team Blue)
- Rachel Notley (fmr AB premier, Team Orange)
- Stephen McNeil (fmr NS premier, Team Red)
- David MacNaughton (fmr CAN envoy to USA, appointed by Team Red - helped wrestle in the USMCA fight)
- Steve Verheul (former chief negotiator during NAFTA=>USMCA)
- Arlene Dickinson (Comms/venture capital company CEO)
- Linda Hasenfratz (CEO of auto parts maker, part of Team Blue's COVID-19 Ontario vaccine team - gets the auto parts sector???)
- Lana Payne (UNIFOR union pres)
- Jody Thomas (former DM DND)
- Flavio Volpe (pres of Automotive Parts Manufacturers' Association (APMA) in Canada - more auto parts expertise??)
- Tabatha Bull (Pres/CEO of Canadian Council for Aboriginal Business)
- Shahrzad Rafati (CEO of "a global media and technology company" - also done some work in other Team Red gov't appointments)
- Hassan Yussuff (former Canada Labour Congress pres)
- Wes Hall (founder/CEO of a "shareholder services and advisory firm" that, among other things, managed Xstrata's takeover of Falconbridge)
- Martin Caron (head of Union des producteurs agricoles - sounds like the "protect the sector" guy)
- Brian Topp (Notley's former Chief of Staff)
- Tim Gitzel (head of Cameco Corporation, one of the world's largest providers of uranium fuel - could be an SK voice for Big Nuke Fuel?)
- Ambassador Kirsten Hillman (current CAN envoy to US)
AFN chief says First Nations should be at the centre of Canada-U.S. tariffs talks
OTTAWA - The national chief of the Assembly of First Nations says First Nations should be at the centre of any discussions on how the country should respond to threats
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Indigenous for indigenous’ sake would be meaningless tokenism.Some specific industry & sector expertise to be mined, but politics dial's well above zero, too - a very quick Google-fu of the team ....
LATE ADD: Unless one of these folks are Indigenous, that group seems to be missing in the mix, much to the consternation of some.
- Jean Charest (fmr QC premier, Team Red from Team Blue)
- Rachel Notley (fmr AB premier, Team Orange)
- Stephen McNeil (fmr NS premier, Team Red)
- David MacNaughton (fmr CAN envoy to USA, appointed by Team Red - helped wrestle in the USMCA fight)
- Steve Verheul (former chief negotiator during NAFTA=>USMCA)
- Arlene Dickinson (Comms/venture capital company CEO)
- Linda Hasenfratz (CEO of auto parts maker, part of Team Blue's COVID-19 Ontario vaccine team - gets the auto parts sector???)
- Lana Payne (UNIFOR union pres)
- Jody Thomas (former DM DND)
- Flavio Volpe (pres of Automotive Parts Manufacturers' Association (APMA) in Canada - more auto parts expertise??)
- Tabatha Bull (Pres/CEO of Canadian Council for Aboriginal Business)
- Shahrzad Rafati (CEO of "a global media and technology company" - also done some work in other Team Red gov't appointments)
- Hassan Yussuff (former Canada Labour Congress pres)
- Wes Hall (founder/CEO of a "shareholder services and advisory firm" that, among other things, managed Xstrata's takeover of Falconbridge)
- Martin Caron (head of Union des producteurs agricoles - sounds like the "protect the sector" guy)
- Brian Topp (Notley's former Chief of Staff): Brian Topp is a political strategist and former Chief of Staff to the Premier of Alberta. He has extensive experience in federal and provincial politics and has been involved in various policy development initiatives.
- Tim Gitzel (head of Cameco Corporation, one of the world's largest providers of uranium fuel - could be an SK voice for Big Nuke Fuel?)
- Ambassador Kirsten Hillman (current CAN envoy to US)
AFN chief says First Nations should be at the centre of Canada-U.S. tariffs talks
OTTAWA - The national chief of the Assembly of First Nations says First Nations should be at the centre of any discussions on how the country should respond to threatswww.thecanadianpressnews.ca
I don’t see any voice for our oil and gas industry, and that’s a problem.
- Reaction score
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- 1,090
Former AB premier gives some O&G perspective, but...
- Reaction score
- 10,071
- Points
- 1,160
AFN chief says First Nations should be at the centre of Canada-U.S. tariffs talks
OTTAWA - The national chief of the Assembly of First Nations says First Nations should be at the centre of any discussions on how the country should respond to threats
Yeah about that, no.
QV
Army.ca Veteran
- Reaction score
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- Points
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Probably the wrong perspective.
- Reaction score
- 10,664
- Points
- 1,160
Rachel Notley????
Tabitha Bull is indigenous.Some specific industry & sector expertise to be mined, but politics dial's well above zero, too - a very quick Google-fu of the team ....
LATE ADD: Unless one of these folks are Indigenous, that group seems to be missing in the mix, much to the consternation of some.
- Jean Charest (fmr QC premier, Team Red from Team Blue)
- Rachel Notley (fmr AB premier, Team Orange)
- Stephen McNeil (fmr NS premier, Team Red)
- David MacNaughton (fmr CAN envoy to USA, appointed by Team Red - helped wrestle in the USMCA fight)
- Steve Verheul (former chief negotiator during NAFTA=>USMCA)
- Arlene Dickinson (Comms/venture capital company CEO)
- Linda Hasenfratz (CEO of auto parts maker, part of Team Blue's COVID-19 Ontario vaccine team - gets the auto parts sector???)
- Lana Payne (UNIFOR union pres)
- Jody Thomas (former DM DND)
- Flavio Volpe (pres of Automotive Parts Manufacturers' Association (APMA) in Canada - more auto parts expertise??)
- Tabatha Bull (Pres/CEO of Canadian Council for Aboriginal Business)
- Shahrzad Rafati (CEO of "a global media and technology company" - also done some work in other Team Red gov't appointments)
- Hassan Yussuff (former Canada Labour Congress pres)
- Wes Hall (founder/CEO of a "shareholder services and advisory firm" that, among other things, managed Xstrata's takeover of Falconbridge)
- Martin Caron (head of Union des producteurs agricoles - sounds like the "protect the sector" guy)
- Brian Topp (Notley's former Chief of Staff): Brian Topp is a political strategist and former Chief of Staff to the Premier of Alberta. He has extensive experience in federal and provincial politics and has been involved in various policy development initiatives.
- Tim Gitzel (head of Cameco Corporation, one of the world's largest providers of uranium fuel - could be an SK voice for Big Nuke Fuel?)
- Ambassador Kirsten Hillman (current CAN envoy to US)
AFN chief says First Nations should be at the centre of Canada-U.S. tariffs talks
OTTAWA - The national chief of the Assembly of First Nations says First Nations should be at the centre of any discussions on how the country should respond to threats
- Reaction score
- 10,664
- Points
- 1,160
This is probably the clearest statement of our problems I have seen.
Cheap energy built Medicine Hat and, latterly, the Alberta and Canadian economies.
Who was the dumfuck that decided it was a good idea to lock that advantage away and chuck the key? Same geezer that decided to lock down Europe's coal mines and gas deposits?
We have cheap energy, if we want to use it. The cheapest energy per gigajoule is probably the one that is easiest, and safest, to transport. The one that the Chinese are building their economy on. Coal.
If the Swedes can burn their trash downtown in a safe and environmentally sound manner, while scrounging every last joule of energy out of the furnace, then we could do the same.
All hail the scrubber.
...
Why is coal so cheap? Because the price has been driven down by political campaigns.
- Reaction score
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Looks like a Nepotism/Patronage fest to me.
Largest Canadian companies by market capitalization
List of the largest companies in Canada by market capitalization, Canada's top publicly traded companies by market cap.
companiesmarketcap.com
The business representation is pathetic....
- Reaction score
- 5,649
- Points
- 1,260
Oh wow. A complete list of connected has-beens. We’re fooked.Tallest on the right, shortest on the left, around the table .... CONVENE!
From the PM's info-machine ....
Trudeau names ex-premiers, business and union reps to Canada-U.S. relations council
OTTAWA - Prime Minister Justin Trudeau has formed a new Canada-U.S. relations council to support the federal government as it deals with the incoming Trump administration's vow to impose tariffs.
View attachment 90536
- Reaction score
- 2,796
- Points
- 1,040
They do get a fair say, just like every other Canadian. They get a vote just like the rest of us to elect representatives. To me that meets the duty to consult as they are represented by their MP like the rest of us.
daftandbarmy
Army.ca Fossil
- Reaction score
- 40,163
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Glass half full: public sector flex days will be unaffected 
In president-elect Donald Trump’s tariffs scenario, B.C. could see a cumulative loss of $69 billion in economic activity between 2025 and 2028. The Province’s real GDP is projected to potentially decline by 0.6% year over year in both 2025 and 2026.
Job losses are estimated at 124,000 by 2028 with the largest declines in natural-resource sector export industries and associated manufacturing. Losses would also be felt in the transportation and retail sectors. The unemployment rate could increase to 6.7% in 2025 and 7.1% in 2026, and corporate profits could see an annual decline in the range of $3.6 billion to $6.1 billion.
But the backtracking starts...
www.biv.com
B.C. provides economic assessment of Trump’s tariff threat
As B.C. continues to fight against threatened United States tariffs of 25% on all Canadian imports, the Province has done a preliminary assessment of potential impacts to the B.C. economy of a trade war with the United States.In president-elect Donald Trump’s tariffs scenario, B.C. could see a cumulative loss of $69 billion in economic activity between 2025 and 2028. The Province’s real GDP is projected to potentially decline by 0.6% year over year in both 2025 and 2026.
Job losses are estimated at 124,000 by 2028 with the largest declines in natural-resource sector export industries and associated manufacturing. Losses would also be felt in the transportation and retail sectors. The unemployment rate could increase to 6.7% in 2025 and 7.1% in 2026, and corporate profits could see an annual decline in the range of $3.6 billion to $6.1 billion.
B.C. provides economic assessment of Trump’s tariff threat
As B.C. continues to fight against threatened United States tariffs of 25% on all Canadian imports, the Province has done a preliminary assessment of potential impacts to the B.C. economy of a trade war with the United States.
news.gov.bc.ca
But the backtracking starts...
Premier Eby no longer promising $500 tax rebate with tariff threat looming
Amid a U.S. tariff threat, B.C. Premier David Eby launches ministry spending reviews, including possibly axing a $500 tax rebate promised in the last election; the province will also look to diversify trade beyond both the U.S. and China.
Premier Eby no longer promising $500 tax rebate with tariff threat looming
Amid a U.S. tariff threat, B.C. Premier David Eby launches ministry spending reviews, including possibly axing a $500 tax rebate promised in the last election; the province will also look to diversify trade beyond both the U.S. and China.
www.biv.com
Brad Sallows
Army.ca Legend
- Reaction score
- 10,193
- Points
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As widely reported and quoted above, BC's GDP is "projected to potentially decline by 0.6% year over year in both 2025 and 2026" if the threatened tariff is levied.
Earlier news talked about a national slump of roughly 2% of GDP.
Estimates of the costs of interprovincial trade barriers range from 1% to almost 4% of GDP.
Removing internal obstacles would not worsen most Canadians' finances - rather, it would tend to improve economic performance - which is the opposite of what will happen if counter-tariffs and other combative tools are employed. Over to you, PM and premiers.
Earlier news talked about a national slump of roughly 2% of GDP.
Estimates of the costs of interprovincial trade barriers range from 1% to almost 4% of GDP.
Removing internal obstacles would not worsen most Canadians' finances - rather, it would tend to improve economic performance - which is the opposite of what will happen if counter-tariffs and other combative tools are employed. Over to you, PM and premiers.
- Reaction score
- 6,846
- Points
- 1,260
Good catch - dopey me pigeonholed her into the "biz only" category.Tabitha Bull is indigenous.
"Business" isn't only banks - looks like at least some of the industries that'll be hit (or could be used as levers?) are here. There are some notable biggies missing (transportation? minerals other than uranium?), but a bigger table would have likely drawn a different type of political fire so ...Looks like a Nepotism/Patronage fest to me.
Largest Canadian companies by market capitalization
List of the largest companies in Canada by market capitalization, Canada's top publicly traded companies by market cap.
The business representation is pathetic....
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- Reaction score
- 11,751
- Points
- 1,360
No Finance, No Industrials, Basically no Mining, Oil & Gas, No Transportation.Good catch - dopey me pigeonholed her into the "biz only" category.
"Business" isn't only banks - looks like at least some of the industries that'll be hit (or could be used as levers?) are here. There are some notable biggies missing (transportation? minerals other than uranium?), but a bigger table would have likely drawn a different type of political fire so ...
There isn't one bit of representation from the 30 largest Companies in Canada. Cameco is #38.
- Reaction score
- 10,664
- Points
- 1,160
Glass half full: public sector flex days will be unaffected
B.C. provides economic assessment of Trump’s tariff threat
As B.C. continues to fight against threatened United States tariffs of 25% on all Canadian imports, the Province has done a preliminary assessment of potential impacts to the B.C. economy of a trade war with the United States.
In president-elect Donald Trump’s tariffs scenario, B.C. could see a cumulative loss of $69 billion in economic activity between 2025 and 2028. The Province’s real GDP is projected to potentially decline by 0.6% year over year in both 2025 and 2026.
Job losses are estimated at 124,000 by 2028 with the largest declines in natural-resource sector export industries and associated manufacturing. Losses would also be felt in the transportation and retail sectors. The unemployment rate could increase to 6.7% in 2025 and 7.1% in 2026, and corporate profits could see an annual decline in the range of $3.6 billion to $6.1 billion.
B.C. provides economic assessment of Trump’s tariff threat
As B.C. continues to fight against threatened United States tariffs of 25% on all Canadian imports, the Province has done a preliminary assessment of potential impacts to the B.C. economy of a trade war with the United States.news.gov.bc.ca
But the backtracking starts...
Premier Eby no longer promising $500 tax rebate with tariff threat looming
Amid a U.S. tariff threat, B.C. Premier David Eby launches ministry spending reviews, including possibly axing a $500 tax rebate promised in the last election; the province will also look to diversify trade beyond both the U.S. and China.
Premier Eby no longer promising $500 tax rebate with tariff threat looming
Amid a U.S. tariff threat, B.C. Premier David Eby launches ministry spending reviews, including possibly axing a $500 tax rebate promised in the last election; the province will also look to diversify trade beyond both the U.S. and China.
Hit to BC Economy of 69 BCAD over 4 years or about 18 BCAD per year.
Cost of the Transmountain Pipeline 34 BCAD
Trans Mountain pipeline’s soaring cost provides more proof of government failure
Since the government purchased the project for $4.5 billion, the cost of the Trans Mountain expansion has ballooned to $34 billion.
Cost of the Kitimat LNG Plant and Pipeline 40 BCAD
$18B LNG Canada Kitimat facility set to introduce natural gas
Project, which is about 90-per-cent complete, is slated to be operational next summer
www.biv.com
....
Let's not get bent over the axle about big numbers.
- Reaction score
- 6,846
- Points
- 1,260
Not to worry, my dude - if Mark Carney wins the Running of the Snakes, our new PM'll know MORE than enough about what banks want, am I right?
- Reaction score
- 10,664
- Points
- 1,160
It's 'Drill, Baby, Drill,' Yet Time to 'Chill, Baby, Chill' on Lower Prices
The energy policy of the incoming Trump administration seems as concise as it is clear: Slash domestic energy costs under the mantra, popularized in 2008 by GOP vice-presidential candidate Sarah
Interesting article from Reg Varney.
....
Here's a thought:
Supply goes up. Cost goes down.
Price goes up. Demand goes down.
So.
Trump imposes a 25% tariff on Canadian oil. Demand for Canadian oil drops. Alberta takes in less money. Quebec receives less equalization.
Trump doesn't impose a 25% tariff but instead increases the supply of US oil. Demand for Canadian oil drops. Alberta takes in less money. Quebec receives less equalization.
Net effect is the same.
Solution is the same for Canada. Find other customers.
....
A couple of graphs charting the price of Alberta oil (WCS) - As high as 120 USD per barrel to as low as 5 USD per barrel. With massive volatility.
Assume a projected value of 50 USD per barrel. Add a 25% tariff to that and the price rises to 62 USD per barrel. The Yanks were paying more than that in the Obama years. Conversely, Alberta eats the tariff and only gets 37 USD per barrel. Pretty much what it got during the last Trump years.
...
These are annoyances. Not reasons to dissolve the country.
- Reaction score
- 2,662
- Points
- 1,090
WCS ca $65 right now. Worst case for us is Trumpy doesnt tariff the oil and Ottawa reverse tariffs it or somethingIt's 'Drill, Baby, Drill,' Yet Time to 'Chill, Baby, Chill' on Lower Prices
The energy policy of the incoming Trump administration seems as concise as it is clear: Slash domestic energy costs under the mantra, popularized in 2008 by GOP vice-presidential candidate Sarahwww.realclearinvestigations.com
Interesting article from Reg Varney.
....
Here's a thought:
Supply goes up. Cost goes down.
Price goes up. Demand goes down.
So.
Trump imposes a 25% tariff on Canadian oil. Demand for Canadian oil drops. Alberta takes in less money. Quebec receives less equalization.
Trump doesn't impose a 25% tariff but instead increases the supply of US oil. Demand for Canadian oil drops. Alberta takes in less money. Quebec receives less equalization.
Net effect is the same.
Solution is the same for Canada. Find other customers.
View attachment 90604
....
View attachment 90606View attachment 90605
A couple of graphs charting the price of Alberta oil (WCS) - As high as 120 USD per barrel to as low as 5 USD per barrel. With massive volatility.
Assume a projected value of 50 USD per barrel. Add a 25% tariff to that and the price rises to 62 USD per barrel. The Yanks were paying more than that in the Obama years. Conversely, Alberta eats the tariff and only gets 37 USD per barrel. Pretty much what it got during the last Trump years.
...
These are annoyances. Not reasons to dissolve the country.
