You walk away and leave chump fuming.
this post was submitted on 25 Feb 2026
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"No deal is better than a bad deal"
-- Mark Carney.
"No deal is better than a good deal"
-ILikeBoobies
Uh so what does this mean in practice, we lose 75% of our exports and our dollar falls as interest rates balloon?
There were trade barriers before NAFTA you know. No one starved.
Ya I mean nobody has to really starve ever given our wealth, wealth largely based on US exports at the moment. Its just liquidating a lot of existing wealth people think they have, which are based on low interest rates we've become accustomed to.
Am I wrong in thinking the housing bubble pops if rates rise dramatically?
Those companies shouldn't have been selling out Canada to the US to begin with. They deserve to fail.
So we accept and expect our dollar to fall, and for interest rates to spike?
Won't this hurt a lot of people, and probably end our ability to fund the social safety net?
It will but we should find a leader who can rethink how our system works to care for ourselves.
Why do we need exponential growth? Are Canadians not strong enough to take care of ourselves? All we really need is clean air, food, water, shelter, and a military. Figuring out how to achieve that ourselves is key to our continued existence.
What about doctors? They need the above so that's how they're paid, and the same goes for any profession. A true leader is someone who can figure out how Canada can achieve the above ourselves.
Comparative advantage and globalization I believe is the usual logic behind why we aren't self sufficient.
When we exported all our manufacturing to China and sold oil to the US to pay for those goods the price of products in the CPI fell, which lead to falling interest rates, more money supply growth, and the current housing bubble. This made home owners richer, given the wealth effect, and they spend more money, creating more employment and higher wage pressure.
I believe if we cut off the US exports the whole thing falls apart, as our dollar falls in value and interest rates need to rise, knocking over the housing bubble; causing a reverse wealth effect and a depression. Thus we are locked into the existing system I fear, if I'm not mistaken.
You can have globalization in the rest of the market; we can import workers, we can import products for everything else but to be an actual nation you need self sufficiency in the aforementioned areas.
Take cement for instance, most people would say we need cement to build infrastructure but what if we can't produce it? Well we need to import it. However that then means all of our critical infrastructure relies on the good will of that other nation. They can do anything they want and we just have to take it because of the reliance.
Another one would be oil, we need oil for our military/heating/infrastructure/plastics if Canada doesn't have oil then to be a real nation we need to find an alternative. Now we do have oil which is great for the above...except we don't refine it. Now we are a satellite of whatever nation can refine that oil, despite possessing oil in the ground we don't actual have it.
Both of those aren't listed in the "needs" because we can either find it domestically (Cement) or have alternatives (nuclear/solar/wind/natural gas paired with batteries)
The value of the dollar is meaningless if the government isn't providing the necessities of life to the populace. If you rely on another nation for a necessity of life then you aren't a separate nation. Markets come in for luxuries outside the necessities of life.
That’s not how negotiation works. Increased access and higher tariffs? Nope. Non-starter. Leave the table.
Been saying for a very long time (is 8 months a long time? feels like it) that Cusma is DoA, will not be resigned. I hope Carney does as you say Leave the Table. As Carney said, it is time for middle powers to get together and leave the states as an outsider. Use China as a bargaining chip (to use up our resources we would have sold to the states) until we solidify better stable partners elsewhere.
How about fuck off with your trade deal. We are picking up our toys and playing with somebody else.
Using those east and west pipelines Quebec and BC forbid.
There is already a pipeline through BC that isn’t even at capacity yet. You know, the one the federal gov’t paid for.
Nobody wants our oil but the US then?
Well, we have to sell it to them and then buy it back after it’s been refined into gas/diesel/heating oil.
Looking into why we don't refine it seems experts believe it to either be crude exports being more profitable and is more efficien given the labor force, or environmental regulations are too high.
Any idea which is right?
Probably because it takes a huge capital investment to build a new refinery. Even in the US, there hasn’t been a new major refinery built since the 70’s. I feel it would be a good idea for our sovereignty. This would be perfect for the major capital projects program.
Demanding tariffs in exchange for what?? I mean it's not like he's helping Canadians in any way, shape or form.
https://m.youtube.com/watch?v=J-ZfahRzz_w&pp=ygUgQWwgU3dlYXJlbmdlbiAtIEdvIEZ1Y2sgWW91cnNlbGY%3D
Right?
'If you agree to everything we want and nothing you want... that's the kind of deal we can get behind!'
Is that a Poilievre campaign slogan?!?
If it's not, it should be.