By: Crow

Crow — Mon, 24 Feb 2025 15:06:32 +0000

This is such a pathetic defeatist conclusion…find solutions leaders. It’s your job

By: Samantha

Samantha — Fri, 21 Feb 2025 22:05:33 +0000

I totally agree that the tariff fiasco threat started by Trump will definitely make changes in Canada but what we also have to realize is that it will make very big changes in the USA. Trump’s promises of lower prices will be out the door and his drill drill drill policy won’t bring immediate results either. It would take a long time to be able to replace over 60% of their crude oil and I don’t think they have the ability to replace the hydro electric that they get from us without building more up to date nuclear reactors and for that they depend on our essential minerals. Like uranium. The world is already talking of replacing the American dollar as the base of trade snd to be truthful the USA is in a deficit with almost every country they trade with. If the world called in that debt the USA would be in real trouble. I think what Trump has done is unite Canadians against the USA. People are looking for Canadian goods in stores , selling their winter houses in the USA , snowbirds finding other warm places to go etc. the USA by mere population size has a bigger economy but they are also dependent on a lot of other places. Could Trump make the USA self sufficient ? Maybe but it would take time the aluminum and steel alone with – he says – stacked tariffs could ruin the USA car industry So yes Canada will go through real hardships but so will the USA. I think Canada is at least expecting this where a large portion of the USA still believes Canadians bot American importers will pay for these tariffs. Trump united Canada in ways nothing else in recent years has

Comments on: Bank of Canada warns of economic fallout if U.S. trade war escalates

By: Crow

By: Samantha