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Could Canada be the last Non-Free Trade country hold out?


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It looks like Mexico is ready for free trade, Eu is ready for free trade, China is buckling under enormous pressure but is being held back by Xi, Hilariously, Trudeua is adopting the globalist chinese model of holding out on free trade and erecting trade barriers to the detriment of canadians. Canada, hurry up and adopt free trade or you're going to be left behind. 

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3 hours ago, paxrom said:

Canada, hurry up and adopt free trade or you're going to be left behind. 

Are you unaware of an agreement between Canada, the US and Mexico called the North American FREE TRADE Agreement? We've had free trade fore years. President Trump prefers protectionism and is trying to destroy free trade.

Edited by Queenmandy85
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25 minutes ago, Queenmandy85 said:

Are you unaware of an agreement between Canada, the US and Mexico called the North American FREE TRADE Agreement? We've had free trade fore years. President Trump prefers protectionism and is trying to destroy free trade.

 

Are you unaware of supply management (e.g. dairy, poultry), tariff, and non tariff trade barriers that have existed in Canada for years ?   

Hell, even Canada's provinces have trade barriers against each other.

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The exceptions such as supply management were agreed to by the US. If they hadn't, there never would have been an agreement because it would be the end of Canada's dairy industry. Free Trade agreements are designed to be benificial to all participants. NAFTA has worked well for years. Why is the US trying to wreck it? Are there no exemptions for some US industries in free trade agreements? NAFTA is about as free trade as you can get. Serious question: why doesn't the US have suppy management? 

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1 hour ago, Queenmandy85 said:

The exceptions such as supply management were agreed to by the US. If they hadn't, there never would have been an agreement because it would be the end of Canada's dairy industry. Free Trade agreements are designed to be benificial to all participants. NAFTA has worked well for years. Why is the US trying to wreck it? Are there no exemptions for some US industries in free trade agreements? NAFTA is about as free trade as you can get. Serious question: why doesn't the US have suppy management? 

Supply management is a terrible idea that serves mainly to benefit the stakeholders (i.e. quota holders) in a particular industry at the expense of consumers. It's a gigantic subsidy system entirely funded by consumers. Phasing it out should be a priority for our politicians as retaining it undermines the legitimacy of our free trade arguments and thus negatively impacts the remainder of the economy. There are other aspects of a renegotiated NAFTA to which we should be open as well, including the elimination of the provision that allows corporations to sue governments for laws that corporations believe negatively impact their interests and profits. The NAFTA arrangement is no panacea where it comes to Canada's economic prospects. As Thomas Walkom has argued in his columns on the topic in the Toronto Star, we prospered prior to NAFTA and we can do so again without it, if need be.

Edited by turningrite
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1 minute ago, turningrite said:

Supply management is a terrible idea that serves mainly to benefit the stakeholders (i.e. quota holders) in a particular industry at the expense of consumers.

You obviously don't have everything you own tied up in a dairy farm. You feel free to throw someone else's livelyhood under the bus. And, by eliminating supply management, you would throw Andrew Sheer and Prime Minister Trudeau under the bus...wait a minute, let me think about that :D

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1 hour ago, Queenmandy85 said:

The exceptions such as supply management were agreed to by the US. If they hadn't, there never would have been an agreement because it would be the end of Canada's dairy industry. Free Trade agreements are designed to be benificial to all participants. NAFTA has worked well for years. Why is the US trying to wreck it? Are there no exemptions for some US industries in free trade agreements? NAFTA is about as free trade as you can get. Serious question: why doesn't the US have suppy management? 

 

Not true.....many nations including the U.S. have challenged Canada's tariff and non-tariff barriers to trade, especially on dairy (U.S., New Zealand, EU, Brazil, etc.).

NAFTA has not worked well for many industries and labour in higher cost regions.  U.S. corps have invested far more in Canada/Mexico than the opposite in return.   There are no Canadian owned automotive makes.

Ross Perot was right in 1992 when he predicted that NAFTA would be a giant sucking sound.

I hope Trump ends NAFTA.

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1 hour ago, Queenmandy85 said:

The exceptions such as supply management were agreed to by the US. If they hadn't, there never would have been an agreement because it would be the end of Canada's dairy industry. Free Trade agreements are designed to be benificial to all participants. NAFTA has worked well for years. Why is the US trying to wreck it? Are there no exemptions for some US industries in free trade agreements? NAFTA is about as free trade as you can get. Serious question: why doesn't the US have suppy management? 

I think in part because of globalization and players adopting non tariff barriers against the us. The eu and canada were small enough to not matter but when China entered the wto with their non tariff barrier and excessive cheating it alarmed a lot of people. It also help prove that the benefit to globalization were never achieved because of said tendencies to cheat. The post ww2 liberal rules based order no longer became sustainable. So you can thank China for ruining your suckling status quo.  

Edited by paxrom
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15 minutes ago, Queenmandy85 said:

You obviously don't have everything you own tied up in a dairy farm. You feel free to throw someone else's livelyhood under the bus. And, by eliminating supply management, you would throw Andrew Sheer and Prime Minister Trudeau under the bus...wait a minute, let me think about that :D

How many others in the economy have their incomes and wealth so specifically and completely nurtured and protected by public policy and subsidy? Essentially, a small group of farmers (perhaps 10,000) have become wealthy due to an almost complete elimination of competition. An article I recently read indicated that the average dairy farm in Canada is now worth millions of dollars. It's effectively a lactate lotto in which the winners are determined in advance. The system violates the basic principles, rules and safeguards that are supposed to govern free market economies.

Edited by turningrite
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