Buy Canadian (not American)-Buy this not that!

Nothing unites like a common enemy.

I'm waiting for Poilievre's response.

As of this morning he was at least standing up for the country in his statements, but he just couldn't bring himself to slip in some of his usual anti-Liberal snips. Now is not the time for this anymore. Trudeau is done. FVCK OFF with this nonsense now. Stand up. Unite.

We are facing an emergency at the level where politics and the whole election mudslinging need to be put aside for a few weeks while we react.

Nothing would get Trumps attention more than seeing the likely next PM standing shoulder to shoulder with the current PM, putting politics aside, responding forcefully saying that we're not going to back down and we will do things that will have real effect on the USA's economy. Because right now, I suspect Trump seems to think that once Poilievre takes over, he'll get everything he wants because Poilievre will be his conservative populist buddy.

Who knows, Poilievre might pull a Trump and be playing the 'rah rah Canada' game publicly to get votes, only to turn on us all and roll over for Trump as soon as he's in.

Good lord I hate letting politics live rent free in my head again, but this is existential for more people than seem to have any concept of it yet. It may literally mean the end of my employer of 23 years.
 
so trump said if there are retaliatory tariffs he’ll crank up the US ones…

Market meltdown Monday?

The stock market already started falling in the last few minutes of trading on Friday when word of this got out. Now oil tariffed at 10% and 25% on everything else, **** is almost certainly going to hit the fan Monday at the open of trading.

Stuff like that I think is one of the few things that will make Trump blink. But he seems to think he can throw around all these sorts of actions without any actual consequences, well, I think he's going to soon learn otherwise. Again, the question ultimately comes back to...does he care?
 
It’s rather concerning our PM hasn’t been able to reach Trump since the inauguration.

Usually it’s the first congratulatory call…
 
Which Prime Minister is good for the U.S?

Ben Shapiro endorses Pierrie Poilievre
Ben Shapiro only cares about Poilevre supporting U.S. foreign policies

Our own Jordan Peterson endorsing Poilievre

Jordan Peterson works for the Daily Wire which is owned by Ben Shapiro
 
Last edited:
It’s rather concerning our PM hasn’t been able to reach Trump since the inauguration.

Usually it’s the first congratulatory call…
Is this a joke? Lol.

You remember their relationship right?
 
Which Prime Minister is good for the U.S?

Ben Shapiro endorses Pierrie Poilievre
Ben Shapiro only cares about Poilevre supporting U.S. foreign policies

Our own Jordan Peterson endorsing Poilievre

Jordan Peterson works for the Daily Wire which is owned by Ben Shapiro
Peterson is successful enough in his own right, i don't think he cares what the Daily Wire wants in terms of Canadian political issues.
 
I wonder how much work CSIS has right now trawling through emails mentioning the word Ghadaffi or using a new word "ghadaffied".

Anyhow...back on track. I do hope the powers that be are keeping an eye out just in case the nonsensical chaos we see isn't a raid the stock market, short and scoot, scheme.

That's the only way I can rationalize it right now.

Sent from my SM-S918W using Tapatalk
 
Wonder if packages from the US will be scrutinized more heavily by CBSA now?

Are motorcycle parts on the tariff list? Does this affect current stock at Canadian distributors? Forward contracts still being honoured?

So many questions...

Ugh, now this is really hitting close to home. 😭

Bye bye, Mosko Moto. Hello, SW-Motech, I guess... 🤷‍♂️
 
Here is a cheat sheet that might help us in the coming days. (hopefully not months)

Copied from another source. I am not sure if it is 100% accurate but its a good start.

1738499564214.png
 
The problem isn’t as simple as buying Canadian / European goods instead of American.

The problem is that once American goods are slapped with a 25% tariff everything else will crank up to match or just beat that there won’t be much difference in between them.

We’ve seen it time and again. Prices don’t stay low if they don’t have to.

If you have 2 competitors and competitor A is forced to be 25% more expensive, why shouldn’t competitor B not crank up their price 20%? They’re still 5% cheaper, but now making an extra 20% on each unit.

Inflation was under control. We’re in for a wicked ride if this starts on Tuesday.
 
The problem is that once American goods are slapped with a 25% tariff everything else will crank up to match or just beat that there won’t be much difference in between them.

We’ve seen it time and again. Prices don’t stay low if they don’t have to.

Too true. The grocery stores will F us like they've been doing since the pandemic, all the way to record profits.

It will be interesting to walk into a grocer's a month from now with that list above and see if there really is a 25% price difference between Heinz and French's...
 
There were some musings I read where new tax policy in the US increases tax for those earning <360k or so, and decreases tax burden on those above.

Tariff on incoming goods is a mighty fine method to make up that difference…and allow US manufacturers / retailers to boost all US goods to match those from Canada / Mexico.

I’m getting too negative in my old age.

Let’s see what the BoC comes up with in response.

There will be LOTS of pain for both Canadian and US middle class. Those near poverty will be hit hardest and I almost expect a rise up in protest of these rich people shenanigans.
 
Wonder what the practical solutions are around a tariff war with the world's largest economic power?

Seems like a lot of the efficiencies are because of our (both Canada and Mexico's) proximity to the US. It's just so easy and cheap to truck stuff back and forth between the three countries.

What additional costs are there to ship to the EU and Asia? What are the current tariff situations with those continents and countries? And if we were to strike some kind of trade agreement with them, would the cessation of tariffs overcome the additional shipping cost and timeliness-to-market?

Is it feasible to trade around the US? We did complete the Trans Mountain Pipeline recently, maybe it's time to turn those hoses west to Asia instead of south?

Just a cursory search into top imports/exports to and from the US reveals that they import quite a lot of oilseeds and grains from us, and the US, in turn, exports the same products to China. It would be an easy switcheroo to stop our exports going to the US and sell to China instead. BUT, is that a lion that we want to lie with?

Also, Trump may not be in power 4 years from now. A new administration would certainly undo the madness he's sowing. Is it worth it to pursue this path of striking costly new trade agreements if this tariff war is temporary?
 
Too true. The grocery stores will F us like they've been doing since the pandemic, all the way to record profits.

It will be interesting to walk into a grocer's a month from now with that list above and see if there really is a 25% price difference between Heinz and French's...

Exactly, Weston is going to give to us big time with price gouging.
This time around no smile or lube lol.
 
Is this a joke? Lol.

You remember their relationship right?
At that level of govt one would think petty squabbles would not be carried or grudges held.

So yes. I was very surprised.
 
I wonder how much work CSIS has right now trawling through emails mentioning the word Ghadaffi or using a new word "ghadaffied".

Anyhow...back on track. I do hope the powers that be are keeping an eye out just in case the nonsensical chaos we see isn't a raid the stock market, short and scoot, scheme.

That's the only way I can rationalize it right now.

Sent from my SM-S918W using Tapatalk

I do believe there is a lot of folks inside making bank on the markets. It’s not for the good of country, it’s for the good of their wealth. They make money when stocks go up and down and especially if they know there is good news or bad news that affects them either way.
 
Back
Top Bottom