Trump and Canada

[bush_cheney2004]

Canada is already too expensive, especially in Ontario, and Trump isn't even president yet.  

Energy, labour, and regulatory costs are higher while productivity is lower (in Ontario).   Been losing manufacturing jobs for decades.

The Americans can't save Ontario from itself.

[Smallc]

5 minutes ago, bush_cheney2004 said:

Canada is already too expensive, especially in Ontario, and Trump isn't even president yet.  

Energy, labour, and regulatory costs are higher while productivity is lower (in Ontario).   Been losing manufacturing jobs for decades.

The Americans can't save Ontario from itself.

Blah, blah:

http://www.rbc.com/economics/economic-reports/pdf/provincial-forecasts/ont.pdf

Nominal GDP growth of over 4% - that's almost Trump level yuge.

 

[bush_cheney2004]

Just now, Smallc said:

Blah, blah:

http://www.rbc.com/economics/economic-reports/pdf/provincial-forecasts/ont.pdf

Nominal GDP growth of over 4% - that's almost Trump level yuge.

 

 

Good, then the Americans can just pack up and leave without any impact on Ontario, bringing jobs back to the U.S. and Americans.

Good luck Canada, I will take Trump over Trudeau any day when it comes to the economy.

[Smallc]

Just now, bush_cheney2004 said:

 

Good, then the Americans can just pack up and leave without any impact on Ontario,

It must be hard to twist and turn like that - I applaud Michael for calling you out on it.  

[bush_cheney2004]

2 minutes ago, Smallc said:

It must be hard to twist and turn like that - I applaud Michael for calling you out on it.  

 

It's fun to play games with America's biggest fans. 

[Smallc]

Just now, bush_cheney2004 said:

 

It's fun to play games with America's biggest fans. 

Yes, well, everyone gets their joy somewhere.

[bush_cheney2004]

Some Canadians are really butt hurt about the election, and worry only as Canadians can do about relations with the United States of America and its new President Trump.

Huff Post is already gushing their cross border fears:

Quote

America’s northern neighbors did not react well to the results of the presidential election this week. The majority of Canadians had hoped former Secretary of State Hillary Clinton would emerge victorious. Now, they worry Donald Trump’s leadership will harm the United States’ relationship with their country.

A public opinion poll conducted by the Angus Reid Institute reveals that nearly half of Canadians are “very upset” with the outcome of the election. But Prime Minister Justin Trudeau responded to the news with characteristic diplomacy.

...His fellow Canadians have expressed a less optimistic outlook. The ARI poll shows that trade issues are among their main concerns about Trump’s looming presidency, as Canada and the U.S. share one of the world’s largest bilateral trading partnerships.

http://www.huffingtonpost.com/entry/canada-us-relations-trump-election_us_5825f233e4b0c4b63b0c4c26

 

Quote

...Unsurprisingly, Liberal Canadians were significantly more upset by Trump’s victory than Conservatives, polling at 75 percent and 36 percent dissatisfaction rates respectively.

Overall, only 12 percent of Canadians expect Trump’s administration to positively affect their nation’s relationship with the U.S.

 

Looks like the Trudeau-Obama bromance is over, at least in the worried minds of some Canadians.   They don't know any other way.

[Derek 2.0]

1 hour ago, Smallc said:

Blah, blah:

http://www.rbc.com/economics/economic-reports/pdf/provincial-forecasts/ont.pdf

Nominal GDP growth of over 4% - that's almost Trump level yuge.

 

 

As always.......reaching to dated information:

 

Quote

 

While the policy proposals of the President-elect have large potential ramifications for the U.S. and Canadian economy, they remain potential changes for now and this will keep uncertainty elevated in the run up to the inauguration in January. As it stands, we are inclined to leave our forecasts for both the Canadian and U.S. economies unchanged in the wake of the election until details emerge as to what will be implemented and when. However, it should be noted that in our view key risks to our forecast include Mr. Trump’s tax cut, which if passed would add to U.S. growth even as it worsens the fiscal balance, and potential changes to trade policy, which may have negative impacts on the North American economy to the extent that they disrupt cross border trade flows or introduce uncertainty in firms’ decision making. Moving forward we will closely monitor the new government’s announcements and policy priorities for their impact on the rate and composition of economic growth in both countries

 

 

1 hour ago, bush_cheney2004 said:

then the Americans can just pack up and leave without any impact on Ontario, bringing jobs back to the U.S. and Americans.

 

That's not what his source's latest forecast says:

 

Quote

More ominously for Canada, Mr. Trump has harshly criticized the North American Free Trade Agreement (NAFTA) throughout the campaign, warning that he intends to “immediately renegotiate the terms of that agreement to get a better deal for [American] workers”5 . Unless Mexico and Canada agree to renegotiation, Mr. Trump has suggested that the U.S. would withdraw from the deal, with potentially negative consequences for the Canadian economy.

 

Furthermore:

 

Quote

Given Mr. Trump’s and Congressional Republican’s hostility, further action on climate change is unlikely at the national level, which may introduce competitive disadvantages for Canadian firms, especially those in trade-exposed and emissions-intensive sectors, as Canada moves ahead with its national carbon pricing system.

 

 

[bush_cheney2004]

8 minutes ago, Derek 2.0 said:

 

As always.......reaching to dated information:

 

I suppose it is an RBC standard to forecast and react to whatever those crazy Americans are doing across the border.   Actual voting results by each state with graph seems superfluous. I take issue with one element of that piece on page 3....the Paris Agreement has not been ratified by the U.S., and never will be.

[bush_cheney2004]

Interesting to contrast President Elect Trump with Prime Minister Trudeau with respect to Canada's economy.  Trudeau is reported here to be eagerly seeking the help of evil globalists and their wealth funds to continue the desperately and historically needed foreign investment in Canada:

http://www.cbc.ca/news/business/trudeau-canada-investment-summit-foreign-morneau-1.3849202

[DogOnPorch]

That big Saudi deal is still on...not off.

Canadian troops have been engaged in 'gun fights'...not combat...not battles...heh...that's important, apparently semantics-wise.

I'd say we've chugged the Kool-Aid.

[eyeball]

We're marinated in it.

[taxme]

On 11/12/2016 at 6:43 PM, bush_cheney2004 said:

 

I just don't understand such leadership and strategy, regardless of ruling party in Canada.   Trudeau has been a majority PM for over a year, and Trump won't even be inaugurated until January.   CETA wasn't even his idea.  Why wait for what Trump may or may not do, only to react to it.   Americans do not stay up late to watch Canadian election returns and worry/wait about how it will impact our economy.   President Obama already invoked U.S. protectionism...why wait for even more from Trump to figure things out ?

It is so ridiculous, and funny at the same time to watch some silly butt Canadians demonstrating against a Trump win here in Canada. So, just what do they think that they will accomplish anyway? Do they think that their demonstrating will get Trumps presidency cancelled? These anti-Trump fools would be better off demonstrating against countries like Saudi Arabia where women are treated as 2nd class citizen's, and where people get beheaded, drowned, or thrown off roof tops with their hands tied behind their backs and blindfolded for what ever crimes they may have committed by the government. Most Canadians just don't seem to know as to where to put their demonstrating to better use. 

It is for sure that Americans don't get all upset and worried about who Canadians elect for dictator. So, why do some Canadians get all upset and worried about who Americans elect for President? It is none of our darn business. It just shows how the fake media can get people all worked up over something that the media wants them to get all worked up about. Most of the Canadian sheeple will believe whatever the fake media tells them without question. Aw well.   

[bush_cheney2004]

42 minutes ago, taxme said:

...It is for sure that Americans don't get all upset and worried about who Canadians elect for dictator. So, why do some Canadians get all upset and worried about who Americans elect for President? It is none of our darn business. It just shows how the fake media can get people all worked up over something that the media wants them to get all worked up about. Most of the Canadian sheeple will believe whatever the fake media tells them without question. Aw well.   

 

By reacting with fitful trepidation and fear to the results of a foreign election, Canadians are only giving President Elect Trump (and the United States) more power over them, real or imagined.  

[DogOnPorch]

9 hours ago, eyeball said:

We're marinated in it.

 

Well...you are.

[Argus]

 

The US plans to cut its corporate rate to 15%, which is the same as ours. However, our provinces have higher corporate taxes than US states, sometimes much higher. Add in the carbon tax and the tax advantages of relocating to the south get even bigger.

The effectiveness of anti-emissions efforts was open to question even before Trump’s election. China, the world’s biggest emitter, has continued to build new coal-fired power plants at an astonishing rate. According to the New York Times, last year alone 155 new plants were approved. India, the world’s third-biggest emitter, has likewise continued to increase its use of coal. Last year New Delhi indicated nearly 600 new coal plants were planned, according to reports.

http://news.nationalpost.com/full-comment/kelly-mcparland-in-a-donald-trump-world-canadas-carbon-tax-regimen-makes-little-sense

[Argus]

13 hours ago, Smallc said:

Blah, blah:

http://www.rbc.com/economics/economic-reports/pdf/provincial-forecasts/ont.pdf

Nominal GDP growth of over 4% - that's almost Trump level yuge.

 

It's 2.4% if you don't count inflation.

[Smallc]

Let's just change the methodology  that's always been used to suit your agenda.

[Argus]

6 minutes ago, Smallc said:

Let's just change the methodology  that's always been used to suit your agenda.

You don't actually know the difference between real GDP and nominal GDP, do you?

[eyeball]

1 hour ago, DogOnPorch said:

Well...you are.

In your own words...

11 hours ago, DogOnPorch said:

I'd say we've chugged the Kool-Aid.

 

[Smallc]

1 hour ago, Argus said:

You don't actually know the difference between real GDP and nominal GDP, do you?

I do know the difference, yes.  Both are valid counting methods and have their own uses.  That's why I specified nominal GDP growth when I made my statement.

[taxme]

15 hours ago, bush_cheney2004 said:

Canada is already too expensive, especially in Ontario, and Trump isn't even president yet.  

Energy, labour, and regulatory costs are higher while productivity is lower (in Ontario).   Been losing manufacturing jobs for decades.

The Americans can't save Ontario from itself.

Canada has great programs for creating new jobs. We have done well in the public sector for programs like multiculturalism, bilingualism, massive third world immigration,  foreign-aid, and a great refugee program, and so many other wonderful politically correct liberal/socialist programs and agendas. This is what Canada is all about and how it goes about creating new jobs. I think that Trump and Americans really needs to follow Canada's agenda for more growth. They are all working great for Canadians. 

Chuckle-chuckle.  

[Argus]

46 minutes ago, Smallc said:

I do know the difference, yes.  Both are valid counting methods and have their own uses.  That's why I specified nominal GDP growth when I made my statement.

No one pays much attention to 'nominal' growth. You specified it because it sounds better.

Edited November 14, 2016 by Argus

[Smallc]

1 hour ago, Argus said:

No one pays much attention to 'nominal' growth. You specified it because it sounds better.

Actually, it's the standard measure for comparing economic output between regions/countries.

[Topaz]

.....BC2004, why do u always have the us vs them attitude between Canada and the US?  U said Canadians would FEAR Trump but the fear is spread through the US