Trump Tariff Threat, he's correct - We are closed: Finance, Airlines, Dairy, Phones

[August1991]

We Canadians do not allow foreign financial institutions into Canada.

We do not allow foreign airlines into Canada.

We do not allow foreign cheese into Canada.

We do not allow foreign phone providers into Canada.

====

Trump is correct.

[Aristides]

Four US banks have commercial operations in Canada. They don't do personal banking because they don't like our regulations but then again, Canadian banks never go bust like US banks.

The US does not allow foreign airlines to fly domestic routes. Other than the EU, no country allows it.

We import almost twice as much dairy as we export to the US. The quotas apply to both countries. We do not subsidize farmers or pay them to over produce like the US.

How many foreign telecoms are operating in the US?

https://www.fcc.gov/general/foreign-ownership-rules-and-policies

https://www.paulhastings.com/insights/client-alerts/fcc-proposes-major-expansion-of-oversight-of-foreign-ownership-of-u-s

Edited July 12, 2025 by Aristides

[Legato]

55 minutes ago, Aristides said:

Four US banks have commercial operations in Canada. They don't do personal banking because they don't like our regulations but then again, Canadian banks never go bust like US banks.

The US does not allow foreign airlines to fly domestic routes. Other than the EU, no country allows it.

We import almost twice as much dairy as we export to the US. The quotas apply to both countries. We do not subsidize farmers or pay them to over produce like the US.

How many foreign telecoms are operating in the US?

https://www.fcc.gov/general/foreign-ownership-rules-and-policies

https://www.paulhastings.com/insights/client-alerts/fcc-proposes-major-expansion-of-oversight-of-foreign-ownership-of-u-s

OT a little but...

The Canadian telecom market has fewer major players than the US, which can lead to less price competition. We pay on average much more than the US.

[I am Groot]

36 minutes ago, Legato said:

OT a little but...

The Canadian telecom market has fewer major players than the US, which can lead to less price competition. We pay on average much more than the US.

We pay more than ANYBODY. Not just for cell phone service, but for everything from banking and investment fees to internet and cable. Our airlines cost far more than US airlines traveling the same distances, in large part because they have to pay huge airport fees.  

[Aristides]

54 minutes ago, Legato said:

OT a little but...

The Canadian telecom market has fewer major players than the US, which can lead to less price competition. We pay on average much more than the US.

Of course, they have nine times the population. We have a much larger area to cover with far fewer customers to pay for it.

[Aristides]

16 minutes ago, I am Groot said:

We pay more than ANYBODY. Not just for cell phone service, but for everything from banking and investment fees to internet and cable. Our airlines cost far more than US airlines traveling the same distances, in large part because they have to pay huge airport fees.  

Airport fees in no small part because of rents paid to the feds. Nav Canada fees airport security fees etc, all of which are paid for by the feds in the US. Fuel, aircraft, and a bunch of other stuff paid for in USD with revenues to pay for them in CAD, the same problem our pro sports teams have.

[paxamericana]

Prideful Canadian should just get out of the way. The American plan is reshaping the next century and all Canada does is wasting time that you don’t have. We need time to automate and reindustrialize, we need time to retool the next generation youth for a robotic future while taking care of our elderly, we need time to bring about the AI transformation that Canada can be a part of. No, you’re all letting your own ego get in the way because you don’t want to listen to the American when they’re trying to offer you something new and better. Complete this century long integration into America. Be American.

 In 10 years you won’t even be able to pay for your hospital, schools and housing. You’re destroying your own children’s future all because you think orange man bad.

Edited July 12, 2025 by paxamericana

[herbie]

Yeah who do we think we are with these rules, a real country or something?

[SpankyMcFarland]

We Canadians do not allow foreign financial institutions into Canada.

I don’t want a gang of foreign cowboy banks causing mayhem up here and leaving taxpayers with the bill. Unlike many countries in the world, our sound management saved us from the worst effects of the 08 financial crisis which may make us more vulnerable to wishful thinking in these matters. I was in two other countries during that crisis and it was grim. Sovereignty was lost for a while. Banks are not like other companies - they can’t be allowed to fail. Too much gambling there is a very bad idea. I’m happy to pay a little more for peace of mind on that score.

 

We do not allow foreign airlines into Canada.

OK, I’d like to see more but lots of countries have similar restrictions.

 

We do not allow foreign cheese into Canada.

We do allow some foreign cheese. I have enjoyed lots of European cheese here. 

 

We do not allow foreign phone providers into Canada.

Amen, friend. Bell is the worst company I have ever dealt with plus they made obscene profits for years. I don’t need ANY Canadian content on that score. 
 

 

 

On the issue of dairy products, doesn’t the US have a trade surplus with us already? 

[herbie]

And here some of us are feeding the bear and implying we have to right to impose our own laws and business practices.
And the usual surrender monkey solution of the Wall Street Lackeys that the only solution is to bow out and let American banks, telcos, etc. take over because we 'might' save a few pennies.

Are you so dim you think Varfizon and T-mobile are going to tun fibre optic lines to Tuktoyaktuk of their own accord and not care you'd just end up sending billions of tax dollar subsidies to a foreign company rather than a Canadian one?
Or that knowing well you already pay $8 for a 4 litre jug of milk that the moment they took away the bulk of the market they'd instantly charge $8 for a smaller 3.8 litre jug?
I mean you're the same guys that didn't stop buying gas when the carbon tax was there, or when it peaked at $2.50/L and are quite content you're now paying just as much now the 17c/L is being gobbled up by the oil companies instead of going into useful to everyone tax revenue.

[CdnFox]

On 7/11/2025 at 8:43 PM, August1991 said:

We Canadians do not allow foreign financial institutions into Canada.

We do not allow foreign airlines into Canada.

We do not allow foreign cheese into Canada.

We do not allow foreign phone providers into Canada.

====

Trump is correct.

There are absolutely foreign banks operating in Canada

Foreign bank branches - Office of the Superintendent of Financial Institutions

We also allow for and cheese in Canada, including a great deal of American cheese

. And we do allow foreign phone providers into Canada, but they have to set up and run a business here. So far nobody has done that since the old days of Sprint and some of those providers.

We don't allow foreign Airlines though, Not on domestic routes.

So you got one for three, that's not bad

[Aristides]

Only the EU allows member airlines to fly domestic routes in other members countries. No one else allows it, including the US. One reason BC gets so many cruise ships is foreign flag shipping companies  are not allowed to carry passengers between US ports without stopping in another country.

[Barquentine]

9 hours ago, CdnFox said:

American cheese

That's an oxymoron.

[August1991]

22 hours ago, CdnFox said:

There are absolutely foreign banks operating in Canada

.... Point 1.

We also allow for and cheese in Canada, including a great deal of American cheese.

... Point 2.

And we do allow foreign phone providers into Canada, but they have to set up and run a business here. So far nobody has done that since the old days of Sprint and some of those providers.

.... Point 3.

We don't allow foreign Airlines though, Not on domestic routes.

So you got one for three, that's not bad

Point 4.

Cabotage. We agree.

====

1. Have you ever noticed why the Caisse Desjardins/ATB is not a "bank"?

2. Have you ever noticed why grocery stores have two cheese sections?

3. Have you heard of Videotron?

 

[CdnFox]

29 minutes ago, August1991 said:

Cabotage. We agree.

====

1. Have you ever noticed why the Caisse Desjardins/ATB is not a "bank"?

2. Have you ever noticed why grocery stores have two cheese sections?

3. Have you heard of Videotron?

 

Have you ever made a point? Do you know how to think for yourself? Do you simply repeat talking points like some sort of programmed bot? 

If you have a point make it otherwise you're wasting my time with your childish nonsense. This is why nobody respects the french

[BeaverFever]

On 7/11/2025 at 11:43 PM, August1991 said:

We Canadians do not allow foreign financial institutions into Canada.

We do not allow foreign airlines into Canada.

We do not allow foreign cheese into Canada.

We do not allow foreign phone providers into Canada.

====

Trump is correct.

It’s snot true that we don’t allow foreign financial institutions, they are everywhere just look around 

We obviously allow foreign airlines on international routes 

We do allow foreign phone providers but any telco with 10% or more of the market must be majority Canadian owned  with majority of directors being Canadian citizens 

We do allow foreign cheese its just restricted 

But did you know the US also restricts all these same industries?

Edited July 15, 2025 by BeaverFever

[August1991]

On 7/14/2025 at 10:44 PM, BeaverFever said:

It’s snot true that we don’t allow foreign financial institutions, they are everywhere just look around 

We obviously allow foreign airlines on international routes 

We do allow foreign phone providers but any telco with 10% or more of the market must be majority Canadian owned  with majority of directors being Canadian citizens 

We do allow foreign cheese its just restricted 

But did you know the US also restricts all these same industries?

Beaver,

I strongly disagree.

1. Banking in Canada is weird - Canada Trust/TD. Foreigners cannot offer such services. (Mulroney liberalised.)

2. Delta can fly to Toronto/Montreal, only Porter, and uh others, can fly between the two.

3. Videotron. 

4. I reckon that foreign cheese will break this.  

Edited July 18, 2025 by August1991

[Aristides]

20 minutes ago, August1991 said:

Beaver,

I strongly disagree.

1. Banking in Canada is weird - Canada Trust/TD. Foreigners cannot offer such services. (Mulroney liberalised.)

2. Delta can fly to Toronto/Montreal, only Porter, and uh others, can fly between the two.

3. Videotron. 

4. I reckon that foreign cheese will break this.  

1. Citibank, PNC, J.P. Morgan and Comerica are among 16 US banks that operate commercial services in Canada holding about $113 billion in assets. They don't choose to do retail banking because of our stricter capital regulations and the fact we are a smaller market. 

2. Delta may be able to fly Toronto/Montreal but they are not allowed to sell tickets between those two cities, it is just a continuation of an existing flight.. Cabotage. Look it up.

3. What about Videotron, it is a Canadian company operating in Canada, just like our other telecoms.

4. You would sell out an entire Canadian industry because of some weird obsession with cheese.

 

[eyeball]

11 minutes ago, Aristides said:

4. You would sell out an entire Canadian industry because of some weird obsession with cheese.

He's given up.

In the meantime Trump is willing to go to war over spilled milk.

The world is going to the cows.

[Legato]

3 minutes ago, eyeball said:

He's given up.

In the meantime Trump is willing to go to war over spilled milk.

The world is going to the cows.

You mean that overpriced smashed up white stuff in plastic bags with percentages of something.

'bout time there was a war.

[paxamericana]

6 minutes ago, eyeball said:

Trump is willing to go to war over spilled milk.

Damn right we are!

[CdnFox]

2 minutes ago, paxamericana said:

Damn right we are!

Don't make us burn your white house down again  

[eyeball]

29 minutes ago, Legato said:

You mean that overpriced smashed up white stuff in plastic bags with percentages of something.

Probably not.

[Aristides]

1 hour ago, Legato said:

You mean that overpriced smashed up white stuff in plastic bags with percentages of something.

'bout time there was a war.

Plastic bags is an Eastern thing, we have jugs and cartons out west. Be prepared to subsidize farmers with your tax dollars like the US.

[August1991]

2 hours ago, Aristides said:

1. Citibank, PNC, J.P. Morgan and Comerica are among 16 US banks that operate commercial services in Canada holding about $113 billion in assets. They don't choose to do retail banking because of our stricter capital regulations and the fact we are a smaller market. 

2. Delta may be able to fly Toronto/Montreal but they are not allowed to sell tickets between those two cities, it is just a continuation of an existing flight.. Cabotage. Look it up.

3. What about Videotron, it is a Canadian company operating in Canada, just like our other telecoms.

4. You would sell out an entire Canadian industry because of some weird obsession with cheese.

 

1. Citibank does NOT operate as BMO.

2. Clueless.

3. Videotron. Quebec. There's your tell...

4. We send them aluminium, New Zealand can send better/cheaper butter to Canada. 

Edited July 18, 2025 by August1991