Donald Trump promises 25 per cent tariff on products from Canada, Mexico
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[email protected]replied to [email protected] last edited by
Oh this isn’t ill will. It’s good for them. Some lessons are hard. Hopefully Trump will give them some self-realization that they are not American but Trump’s enemies.
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[email protected]replied to [email protected] last edited by
Oil and gas products were the single biggest export item to the US at US$128.5b in 2023. The next biggest category was vehicles at US$58b.
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[email protected]replied to [email protected] last edited by
Oil can, at some additional price, be redirected, though. A specific part for an American automobile, on the other hand…
Then again, Ontario is just as conservative lately, and has always been more American, so if it’s revenge against the right you’re after maybe that works.
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[email protected]replied to [email protected] last edited by
No. Oil and gas are very hard to ship. Canadian oil is of heavy type which most of the world doesn’t use. Gas needs LNG terminals and we simply haven’t built. EU has been urging Canada to build some in Quebec and Maritimes so they can reduce dependence on Russia. Most of the pipelines go to the US south for refining - in Louisiana and Texas. Canadian producers have no choice but to sell to them, at whatever they want to pay. That’s why Alberta was bitching and moaning about building the pipeline to BC so that they can get a better price for their heavy oil elsewhere and Trudeau spent billions to appease them but that pipeline’s been in limbo.
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[email protected]replied to [email protected] last edited by
Tank trucks exist, they’re just more expensive, which is why pipelines have been on the agenda. We also have upgraders that make heavy oil light - I’ve seen some desulfering plants in person (yes, I’m in this picture, if only geographically). It’s a distillation away from being petrol (and heavy/heating oil and asphalt), and the main cost of shipping is petrol, so the economic case is really just driven by the need for it at the other end.
Meanwhile, in Ontario a part crosses the border multiple times on it’s way to being generally saleable as a car, and would rack up 25% every time as the policy is currently proposed. You’re right, Alberta will be in the shitter economically, but we’re not the most vulnerable, let alone the most vulnerable by far.
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[email protected]replied to [email protected] last edited by
How many tanker trucks you want clogging roads?
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In theory, USMCA is a law (his own law…) that has been passed by the US Congress. So in theory, he shouldn’t be able to just tear it up at a whim.
In practice, with US institutions captured by the trumpist republicans, lol yea.
EDIT: also “the 2020 deal allows for national security exceptions”, so that’s why he’s blathering about the crap he’s blathering about. EDIT2: Here, article 32.2.
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[email protected]replied to [email protected] last edited by
Two problems with your suggestion: 1)not enough truck drivers, nor trucks to move that kind of volume (this has existed for nearly 2 decades and getting worse - google it). 2) refining CAPACITY isn’t sufficient or they would already be doing what you’re suggesting. Upgraders, refiners are UBER EXPENSIVE to build, and NO CAPITALIST is investing in new refining capacity for the last 10 years. This is why most of the refining is done where it’s already built.
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It probably is under USMCA:
“[T]he 2020 deal allows for national security exceptions”, which is why he’s blathering about the crap he’s blathering about.
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In the current NAFTA 2.0 agreement, signed in 2018, there is a 6-year renegotiation provision. That’s what Trump is using to change a whole host of things in the deal.
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[email protected]replied to [email protected] last edited by
Why would we waste time with a new agreement in the next 4 years when it won’t be worth the paper it’s printed on?
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[email protected]replied to [email protected] last edited by
Housing is not the responsibility of the federal government. Any support they offer would need to be handled by Provincial leadership and municipalities.
Better tax breaks and incentives for first time buyers, higher restrictions on foreign and corporate ownership of single family homes. Etc. There are plenty of things a motivated federal government could do. This government isn’t motivated to address the housing issue.
As for “affordability”… that’s a very broad term. Are you referring to anything in particular?
Something over and above the toothless grocery code of conduct, which hasn’t even been agreed upon? Lower tax rates on earnings for people near and below a living wage, which itself is indexed to inflation.
And you should also keep in mind that we have a minority Federal Government
Not while the Liberals held a majority from 2015-2019, and not during the supply and confidence agreement from 2021-2024. It’s incorrect to argue that the Liberals have been hamstrung by a minority Parliament. They could have accomplished anything they wanted to.
We should demand more from our federal government. The Liberals have been bad, and I don’t understand the view that they’ve done well under the circumstances. They haven’t. I read your comment as apologism for the Liberals, and I genuinely don’t understand that position.
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[email protected]replied to [email protected] last edited by
Better tax breaks and incentives for first time buyers
The feds doubled first time home buyer’s tax credit (2022), set up a “first home savings account” (2023), offers a home buyer’s plan, and some provinces offer their own rebates.
And as a reminder, even when the feds offer tax breaks to help people, Provinces bitch and complain, like with the recent announcement of a tax-break on certain consumer goods.
higher restrictions on foreign and corporate ownership of single family homes. Etc.
The feds announced an extension on bans on foreign ownership of Canadian housing.
Lower tax rates on earnings for people near and below a living wage, which itself is indexed to inflation.
There are a LOT of tax credits, rebates, and support for low-income individuals and families. Sure, we can always do more, but the feds have not stopped announcing new programs and extending existing ones.
Not while the Liberals held a majority from 2015-2019
Was affordability and housing prices a major problem back then? I don’t seem to recall any of the same ongoing reports of people struggling back then.
Things like minimum wage are set by Provinces and territories. Only federal employees are impacted by the federal government’s minimum wages.
We should demand more from our federal government. The Liberals have been bad, and I don’t understand the view that they’ve done well under the circumstances. They haven’t. I read your comment as apologism for the Liberals, and I genuinely don’t understand that position.
Yes, we should always demand more. No doubt.
But it seems like the things you’re asking for are already in place, and/or are the responsibility of the Provincial government.
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[email protected]replied to [email protected] last edited by
Yes, this is what I’m saying. The federal government can do things to address these issues. I’m not a policymaker, I’m just some jackass sitting at a computer. A government with vision could make strides.
And to my initial point, a government that could build political bridges with the provinces would be even more effective.
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I don’t disagree that a lot of the Liberal actions have been milquetoast… but they have at some point implemented the things you asked for, for what parts of housing that is in their purview:
Banned foreign homebuyers in 2022 and extended it to 2027
Doubled the tax credit in 2021 and added a ‘flipping’ tax
They’ve done the things you were looking for (I don’t think perfectly at all, mind you), yet within the provinces, only the BCNDP govt. has taken any independent leadership on their part of addressing the housing crisis. Ford has only gotten in the way, and a handful of municipalities have taken action, such as in Edmonton. Yet, people at large and especially Premiers are all pointing the finger at Trudeau for problems instead of thinking how to help.
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I bet there will be carveouts.
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[email protected]replied to [email protected] last edited by
I don’t get why more people don’t understand this. He’s just setting the tone for negotiations. He’s playing hardball, even with his closest allies…
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[email protected]replied to [email protected] last edited by
He’s a nut job. He won’t last a year before his pack of insane clowns implode.
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[email protected]replied to [email protected] last edited by
Buy next to nothing. Fuck this god damned country. No holiday gift giving…just cook a meal and invite people over for music and conversation. Maybe play cards together.
Edit: Just realized I was in a Canada sublemmy. My humblest apologies. You fine people do as you wish, but us curs in your filthy subbasement need to resist the shit out of this festering jejunal carbuncle’s self-imposed monarchy.