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I'd have gone with Billy Joel's "Allentown", but yeah, same message.
CAN-USA Tariff Strife (split from various pol threads)
- Thread starter Remius
- Start date
daftandbarmy
Army.ca Fossil
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daftandbarmy
Army.ca Fossil
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Whoa...
Provincial Economic Forecast
Tariffs Taxing the Provincial Outlook
- We’ve slashed our real GDP growth forecasts for this year from coast-to-coast, reflecting the impact of the Canada-U.S. trade war. Solid Q1 activity across regions will buffer annual averages, but we foresee a mild recession unfolding for Canada in the middle-part of this year.
- Our forecast assumes that Canada’s exports to the U.S. will face a 12.5% effective tariff rate for six months, lowered to 5% in Q4-2025 and held there through the projection horizon. We expect Canada to retaliate with their $155 billion package over the next two quarters before paring back to $30 billion.
- Across provinces, Quebec and Ontario are especially exposed to tariff risks given their outsized manufacturing sectors. However, Quebec’s public sector is also quite large, and is less directly exposed. New Brunswick, meanwhile, is heavily reliant on the U.S. as an export destination. On the flipside, U.S.-bound shipments make up only a small share of GDP in Nova Scotia and B.C., while a lower 10% tariff on energy exports will likely soften the blow in Alberta’s case.
- The commodities backdrop, especially crude oil, is softening due to the prospect of slowing global demand growth. WTI prices have been revised lower, impacting profitability and investment in key resource-producing provinces.
- Our forecast builds in assumed support from government stimulus. So far, we’ve received budgets from Nova Scotia, B.C., and Alberta. For the most part, growth-supporting efforts have focused on infrastructure spending and allocating funds for trade-war related contingencies. Alberta, however, will roll out a sizeable tax cut for households this year. Provinces are also retaliating to through various measures, including the elimination of U.S. alcohol purchases.
- We’ve downgraded our annual average housing forecasts for nearly every province this year (Newfoundland and Labrador gets a reprieve given solid momentum heading into 2025). Q1-25 performances were weak across most provinces. Part of this can be traced to severe winter storms in February, although tariff-related economic uncertainty is probably weighing. A subdued performance is likely in the cards for the bulk of 2025, before an improving jobs market, pent-up demand and waning uncertainty drives a better outcome in 2026.
Halifax Tar
Army.ca Legend
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The HRM did the same thing.
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That socialist sounds very nationalist.
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Victoria would be a great place to live…if it weren’t so populated by flakes and weirdos.
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And the undeadVictoria would be a great place to live…if it weren’t so populated by flakes and weirdos.
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Victoria would be a great place to live…if it weren’t so populated by flakes and weirdos.
So where do you propose we relocate the RCN, then?
Oldgateboatdriver
Army.ca Fixture
- Reaction score
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Just reading on another site that some New Yorkers did not appreciate Alexis Lafreniere not removing his helmet during the playing of the US anthem yesterday.
This goes along with all the booing.
Now, anyone here ever wondered where the playing of national anthems before games comes from (It does not exist in European pro sport, for those who wonder)? People my age and older probably remember that, when we were kids, the national anthem was played before any movie you caught at the movie theater, or first and last thing on every TV station when they started or ended a new day of television (it didn't run 24 hours a day in those days, but usually 7:00 AM to 1:00 AM). In North America, this started during WWII and was meant to elicit patriotism. Regulations were put in place to require that this happen before any "public" show or exhibition. But the regulation was repealed in the mid-sixties - on both sides of the border, I might add, and it stopped happening on TV, or in movie theaters, but for some reason, not in pro sports.
Here's the thing: Player's in North American pro sport come from anywhere on the planet, they don't play for any national teams: they play for a local pro sport team, usually associated with a city - not a country. So why in hell are we bothering with playing any national atnem before any game? Why don't pro leagues (because at this point, it is the leagues that require it) just grow up and stop playing the damn things before games.
It would save them all the aggravation (Hello NFL) of having to come up with policies on behaviour during anthems and how to deal with "protests" during said anthems. Would cut some time off games that are getting to be way too long also: you could save a good 5 minutes.
This goes along with all the booing.
Now, anyone here ever wondered where the playing of national anthems before games comes from (It does not exist in European pro sport, for those who wonder)? People my age and older probably remember that, when we were kids, the national anthem was played before any movie you caught at the movie theater, or first and last thing on every TV station when they started or ended a new day of television (it didn't run 24 hours a day in those days, but usually 7:00 AM to 1:00 AM). In North America, this started during WWII and was meant to elicit patriotism. Regulations were put in place to require that this happen before any "public" show or exhibition. But the regulation was repealed in the mid-sixties - on both sides of the border, I might add, and it stopped happening on TV, or in movie theaters, but for some reason, not in pro sports.
Here's the thing: Player's in North American pro sport come from anywhere on the planet, they don't play for any national teams: they play for a local pro sport team, usually associated with a city - not a country. So why in hell are we bothering with playing any national atnem before any game? Why don't pro leagues (because at this point, it is the leagues that require it) just grow up and stop playing the damn things before games.
It would save them all the aggravation (Hello NFL) of having to come up with policies on behaviour during anthems and how to deal with "protests" during said anthems. Would cut some time off games that are getting to be way too long also: you could save a good 5 minutes.
daftandbarmy
Army.ca Fossil
- Reaction score
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Oldgateboatdriver
Army.ca Fixture
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Trouble in the library. SHHHHHHT!
That library (which is legendary in both US and Canadian legal annals because in the 1980's, a US court sat on the US side to hear an American witness on the Canadian side under Asylum protection (Vietnam war draft dodger) so that a criminal prosecution could be properly concluded) is a shared concern, with Canada and the US towns both contributing equally to the library costs. Personally , I say FUCK THIS: take half the goddamn books out of it to Canada in a different location in the town and then, BUILD A FUCKING BRICK WALL inside it at the border (currently marked by tape on the floor) and let it ROT, regardless of it being a "listed" building.
That library (which is legendary in both US and Canadian legal annals because in the 1980's, a US court sat on the US side to hear an American witness on the Canadian side under Asylum protection (Vietnam war draft dodger) so that a criminal prosecution could be properly concluded) is a shared concern, with Canada and the US towns both contributing equally to the library costs. Personally , I say FUCK THIS: take half the goddamn books out of it to Canada in a different location in the town and then, BUILD A FUCKING BRICK WALL inside it at the border (currently marked by tape on the floor) and let it ROT, regardless of it being a "listed" building.
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Liberals doing a U-turn on Bill C-69 that was sacrament just a few months ago.
www.nsnews.com
Canada puts $200M into B.C. floating LNG facility
The controversial LNG terminal is expected to start exporting gas by 2028.
www.nsnews.com
QV
Army.ca Veteran
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Yep.
Canadians: “PP has no platform!”
Canadians again when MC does a 180 and repeats all PP’s ideas: “he is so wonderful!”
Fools.
daftandbarmy
Army.ca Fossil
- Reaction score
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Liberals doing a U-turn on Bill C-69 that was sacrament just a few months ago.
Canada puts $200M into B.C. floating LNG facility
The controversial LNG terminal is expected to start exporting gas by 2028.
Ironically, in Ellis Ross' traditional territory, and federal riding
OTTAWA, ON – The Conservative Party of Canada is thrilled to announce Ellis Ross as the new common sense Conservative candidate in Skeena—Bulkley Valley. Ellis Ross is a proud British Columbian and former Chief of the Haisla Nation. He has served the people of Skeena as the MLA since 2017. Ross was the Minister of Natural Gas Development and Minister Responsible for Housing, and is currently the Critic for Energy & LGN.
Conservative Party of Canada announces Ellis Ross as their candidate for Skeena—Bulkley Valley - Conservative Party of Canada
OTTAWA, ON – The Conservative Party of Canada is thrilled to announce Ellis Ross as the new common sense Conservative candidate in Skeena—Bulkley Valley. Ellis Ross is a proud British Columbian and former Chief of the Haisla Nation. He has served the people of Skeena as the MLA since 2017. Ross...
www.conservative.ca
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We’re gonna continue to have a ton of polls that don’t matter until we have the one that does.Like all those polled before JT said he’d leave recognized PP for what he was?
Wait’ll the campaigns kick off to see how fickle the electorate can be - or how events can change things quickly.
