I agree with you on what we’ll hear, but I second the other comment: besides the speeches, Carney will move Canada further away from the US.
He started doing so without saying it too loudly. Only an idiot would not see it. The good thing is only one idiot needs to be fooled.
To escalate, he has multiple levers at his disposal: the everlasting hesitation between F35 and Gripen purchase, the tariffs on Chinese EV (if they were repelled, US car makers could be driven out of Canada’s market within just a few years). And of course dumping US bonds, but that would hurt Canada too.
How can Canada move away from the US? Our economies are heavily integrated we’re eachother’s biggest trading partners.
Canada makes parts for US cars, thats the justification used to follow US tariffs on chinese EVs, what hurts our big 4 hurts your factories.
Militarily its even worse. Unless you imagine Canada throwing out all the weapons systems which depend on US manufacturing and buying European(where they exist), Chinese, and Russian(the US would probably start pirating your cargo ships) systems instead, Canada’s options are be a part if America’s military force or not have modern weapons.
Trump is actively trying to kill Canada’s car industry. So if China is willing to do so, Canada should lift the tariffs on their EVs in exchange for a quota of cars or components made in Canada.
Long term, it is probably a better strategy as US car makers are falling so much behind on EVs they could go down in the coming years, especially if they hang on petro-cars.
As for the military, it’s never too late to start doing the right thing and diversify its sourcing. No more 100% US by default, and require guarantees on supply and independence.
Europe and other countries have very good and modern equipments also, mind you.
I agree with you on what we’ll hear, but I second the other comment: besides the speeches, Carney will move Canada further away from the US.
He started doing so without saying it too loudly. Only an idiot would not see it. The good thing is only one idiot needs to be fooled.
To escalate, he has multiple levers at his disposal: the everlasting hesitation between F35 and Gripen purchase, the tariffs on Chinese EV (if they were repelled, US car makers could be driven out of Canada’s market within just a few years). And of course dumping US bonds, but that would hurt Canada too.
How can Canada move away from the US? Our economies are heavily integrated we’re eachother’s biggest trading partners.
Canada makes parts for US cars, thats the justification used to follow US tariffs on chinese EVs, what hurts our big 4 hurts your factories.
Militarily its even worse. Unless you imagine Canada throwing out all the weapons systems which depend on US manufacturing and buying European(where they exist), Chinese, and Russian(the US would probably start pirating your cargo ships) systems instead, Canada’s options are be a part if America’s military force or not have modern weapons.
Trump is actively trying to kill Canada’s car industry. So if China is willing to do so, Canada should lift the tariffs on their EVs in exchange for a quota of cars or components made in Canada.
Long term, it is probably a better strategy as US car makers are falling so much behind on EVs they could go down in the coming years, especially if they hang on petro-cars.
As for the military, it’s never too late to start doing the right thing and diversify its sourcing. No more 100% US by default, and require guarantees on supply and independence.
Europe and other countries have very good and modern equipments also, mind you.