I expect a number of things will change. Tariffs on Chinese EVs are in the news again, and how Canada should repeal the lock-step 100% we put on them after the US did. We are now fielding proposals for military hardware from S. Korea, which is a seismic shift.
I wonder if things like copyright and pharmaceutical patents and our approach to US digital services will change as well. Not to mention our approach to holding fugitives on behalf of the US indefinitely, while our own people suffer the consequences of US inaction. Will a tariff on Canadian-made Netflix movies reduce Netflix's commitment to CanCon? If so, what does that mean for Netflix in Canada? Can we create a Canadian Google Workspace?
Will we stop giving the US a discount on oil? Will more moves like Manitoba's decision not to renew electricity contracts with US customers be a growing trend? If we don't sell energy to the US, where do we send it?
In the global picture, are the US's actions causing more countries to open up trade with China instead of stepping away as was the general trend before? Will that in turn hasten the shift in empires already happening?
So many questions.
Canada has a huge opportunity to be a leader in many areas. We've already lost so much because of our US relations including Blackberry, Corel, Bombardier airplanes, and of course the poster child of failed Canadian dreams, the Avro Arrow. Time to turn that around.
Thank you for your thoughtful answer Graham. I think too that the unintended consequences of the Trump administration's chaos is for their allies to rethink all the special treatments that had been given to the US over the years with very little in return. We are touching the bottom of the proverbial pool and we will not (and should not) go back to previous status quo. I also believe that trade within Canada will end up stronger as Buy Canadian. Still a lot of needless pain to come to these realizations.
Positive meeting between Carney and Trump today, it sounds like. Rhetoric to a minimum. We'll see what Carney has to say about the private meeting shortly.
I expect a number of things will change. Tariffs on Chinese EVs are in the news again, and how Canada should repeal the lock-step 100% we put on them after the US did. We are now fielding proposals for military hardware from S. Korea, which is a seismic shift.
I wonder if things like copyright and pharmaceutical patents and our approach to US digital services will change as well. Not to mention our approach to holding fugitives on behalf of the US indefinitely, while our own people suffer the consequences of US inaction. Will a tariff on Canadian-made Netflix movies reduce Netflix's commitment to CanCon? If so, what does that mean for Netflix in Canada? Can we create a Canadian Google Workspace?
Will we stop giving the US a discount on oil? Will more moves like Manitoba's decision not to renew electricity contracts with US customers be a growing trend? If we don't sell energy to the US, where do we send it?
In the global picture, are the US's actions causing more countries to open up trade with China instead of stepping away as was the general trend before? Will that in turn hasten the shift in empires already happening?
So many questions.
Canada has a huge opportunity to be a leader in many areas. We've already lost so much because of our US relations including Blackberry, Corel, Bombardier airplanes, and of course the poster child of failed Canadian dreams, the Avro Arrow. Time to turn that around.
Thank you for your thoughtful answer Graham. I think too that the unintended consequences of the Trump administration's chaos is for their allies to rethink all the special treatments that had been given to the US over the years with very little in return. We are touching the bottom of the proverbial pool and we will not (and should not) go back to previous status quo. I also believe that trade within Canada will end up stronger as Buy Canadian. Still a lot of needless pain to come to these realizations.
I agree.
Positive meeting between Carney and Trump today, it sounds like. Rhetoric to a minimum. We'll see what Carney has to say about the private meeting shortly.