So he can give clueless people like you, who blame him, the misguided idea that he can do something about it.Then why is he wearing a hardhat standing in front of a housing development project giving a speech?
What Policy turned you off Trudeau?
- Thread starter shane4
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No, you don't actually need a larger domestic market. Most of your companies are a short-drive from the largest market in the world. You also enjoy relatively free trade with that market. You just need to make Canada reasonably attractive for investment and stop the penchant to over-regulate domestic industries.
What next? Negotiate a truly free trade agreement with no strings attached and help Trump as much as he asks defend the border from drug smuggling. It might be nice for Canada to also honor its NATO obligations, just sayin'. The U.S. is going to be the boss in this relationship because rightly or wrongly Trump is using the U.S. market as his bully pulpit. (We can have a debate about Trump this and that, but practically-speaking you gotta do what you gotta do. Four years from now, Canada can revisit the issues.)
Both Germany and Japan developed their economic prowess from rapid industrialization in the late 1800s/early 1900s. The modern economic miracles you see today are in no small part due to fostering export-oriented companies. Again, access to the U.S. market is a part of the equation. Get the picture. If something like Germany or Japan is what you envision you have to make Canada more attractive for investment and foster productivity growth. There is no government magic wand that will make this all happen.
By the way, they CREATED in capitals is kind of a brash overstatement and most definitely naive.
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Its amazing you believe Trump, about 34KG of fentanyl was seized on the US-Canadian border, vs 8000 KG of the total US border seizures so its a BULLSHIT concern. That said I am totally open to deploying hunter killer drones to keep US guns out of Canada. Domestic market is still impotant and if you try and negotiate a more open deal with the USA they are gonna ask, WHATS IN IT FOR US? And if you have a puny market you don't have an answer .The larger your market the larger your ability to retaliate and defend your interests. Its a pretty easy concept to understand. You can see how it works right before your eyes. They all had domestic market before they exported, even VW, BMW Merc all started in domestic market. Same with all the Japanese car companies. Every single one.
It is a horrible criteria, but it's 100% what voters do and the political parties know that name brand sells. See Trump, or Ford.
Perhaps "sharing wealth" was not a good phrase to use.
On a individual and family basis, immigrants can add a lot to the economy. On a macroeconomic basis, you also need to grow the economy faster than the immigrants you are adding. This has been a structural problem for Canada for quite some time. It's being discussed in your domestic media. It's also being discussed routinely in the global media.
Why is Canada’s economy falling behind America’s?
The country was slightly richer than Montana in 2019. Now it is just poorer than Alabama
FYI, The Economist years ago was a pro-business center-right magazine out of London. In recent years, I would say it has drifted center-left with its distinct European tone and perspective on economics. I believe they were supportive of President Obama's tenure. Either way, The Economist is not a right wing, free markets at all costs media outlet.
NO !
For God sakes we just had mass immigration screw our country up
why are you advocating for a repeat of a failed policy ?
we have several other choices
increase the productivity of the excessive immigration we just experienced
deport those who entered illegally or applied late
reduce the dependency on the nanny state & encourage the unproductive population to become productive (or seek accommodation elsewhere)
reduce the regulatory burden holding back our economy & housing starts
why are you advocating for a repeat of a failed policy ?
re massive debt.
now you are concerned
Jesus
adding 30 million people competing for minimum wage jobs while paying $3500 / month for a basement apartment is not going to solve the debt issue
far better to bring in 300,000 entrepreneurs looking to hire 30 to 50 people each
why are you advocating for a repeat of a failed policy ?
I think similar to a few other liberals on the Board you imagine a world you desire in your head and ignore practical realities.
The U.S. market is and has been key to export-driven economies. I'm not sure you know how small the Japanese car market really is. The Japanese auto companies were really nothing until they turned their sights on the export market. Anyway, I'm not sure past growth stories built on manufacturing are good examples for today.
I am hearing nothing from you that suggests you understand or care about the challenges currently facing Canada as far as growth and productivity. You're kind of thinking that if Snow White can hang around with seven dwarfs and one day a prince will arrive to save the day, Canada's prince will also arrive.
I'm not sure you're politically flexible enough to discuss and accept how the export machines of Germany, Japan, South Korea and even China were actually built.
As I said, rightly or wrongly the Trump Administration has a strategy with trade and access to the U.S. market. I think fentanyl as it relates to Canada is a red herring for their goals.
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Harper / Chrétien/ Martin/ Wilson/ Mulroney did not rely on their name brand
not a fool in the bunch ,
Trump is no dummy (abrasive as hell, but no dummy)
Ford could have been named Johnson and he still would have won after the Granny Wynne / Dalton the Dummy fiasco
I do not know about you, but I listen to what candidates say and i knew Justin was a fake plastic moron back in 2014/ 2015
As I said John, I think some people have this romantic notion that the U.S. and Canada let all these immigrants come 1880-1920 and boy did the growth explode. In actuality it was the other way around, the rapid industrialization created the demand for labor.
notty's basically saying let them come and they will build it. (Field of Dreams reference) First you have to adopt the policies you noted above and see the impact on growth and productivity.
Lets look at some names and see where they started then Tesla, space X, Bombardier, Candu SNC Lavalin, Huawei, Xiaomi, Amazon, Apple, Oracle Shopify, MSFT.....lol Growth and productivity issues are somewhat systemic and can be overcome to a degree with high population density. We have several major disadvanatges, severe climate, shorter growing season, vast distances 2 languages, major competitor/predator on our border and population in marginal areas that is enormously expensive to provide for. Density will help to a significant degree and hopefully tech. But from what I have heard from school teachers, the gen growing up is poorly parented and dumb, so maybe we need robots.
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Where are most of these companies' biggest market? I don't even know what point you are trying to make other than it would appear to make my point about the importance of the U.S. market.
I also don't think Chinese companies with a one billion domestic market and currently access to the U.S. market have any relevance to this discussion regarding a Canada with 40 million people or even 70 million.
Let's take what seems to be your dream further in thought. Canada can create a 70 million strong domestic market over time and develop domestic industry champions that could aggressively export to the U.S. and the World.
Okay, how was that done in the past in every country now known for export prowess.
First, you have to protect your chosen domestic champions from foreign competition in the near-term. Given the dependency that Canada has on trade with the U.S. economy, do you think that is feasible? The U.S. is also no longer going to allow such a economic development model to encroach its markets without equal access.
As importantly, the Canadian government has to enact policies that weaken unions and wage growth. This was another very important feature of the export model. The government promoted export-oriented industries and companies at all costs. Labor was secondary to this goal. The fruits for labor came much later. (China is still in a development stage.)
I would say a 70 cent Canadian dollar is step in the direction of suppressing wages relative to the world. This ain't no opinion.
I don't mean to step on your dream, but I don't think a 70 million Canadian market of the future is going to be able to resist the power and influence of a likely 400 million U.S. market on its border.
Yes but how did they start?, Huawai no longer has any market in the USA they are now everyone except USA and they are still doing GREAT!!!
Canada will have more of a say with 80m people then 40, thats a reality, with climate change, things may go in our favor, but that difficult to predict.
Yeahhhh, but how did Huawei get so big? Was access to the U.S. market important? Even the European market is closing to Chinese companies. And at the end of the day, Huawei has a one billion person market to fall back on. I assure you the Chinese has and will protect Huawei domestically. China has likely subsidized their growth directly or indirectly. And it has a one billion person market to fall back on.
There's ways for Canada to be more successful. JohnLarue and I are discussing those exact policies. Increasing population and hoping some magic comes out of all of it is insanity without tough pro-growth policy adoption.
PS- Your use of capitals seems to be some kind of demonstration that you believe you have made some kind of amazing point. I assure you if you make an amazing point people will notice it.
Here's a good time to mention an exchange a few months back.
Klatuu was here whining about how Canadian tech companies don't like hiring Asian and South Asian workers as much as U.S. firms. I guess they prefer Canadian-born employees. (Can you imagine we Americans aren't the racists for once, but I digress.) I actually find that hard to believe that Canadian tech companies spurn qualified foreign-born applicants, but let's run with that. I told him Canada actually needed to improve its tech sector. What better way to encourage the tech sector by going to U.S. tech companies and say hey if you come and invest in Canada we can offer you work visas for qualified foreign applicants. In the U.S. they always seem to want more than they are allocated.
I don't think he and others liked that kind of market solution to his perceived problem. It's possible they prefer some type of imposed DEI solution on Canadian tech companies.
Klatuu was here whining about how Canadian tech companies don't like hiring Asian and South Asian workers as much as U.S. firms. I guess they prefer Canadian-born employees. (Can you imagine we Americans aren't the racists for once, but I digress.) I actually find that hard to believe that Canadian tech companies spurn qualified foreign-born applicants, but let's run with that. I told him Canada actually needed to improve its tech sector. What better way to encourage the tech sector by going to U.S. tech companies and say hey if you come and invest in Canada we can offer you work visas for qualified foreign applicants. In the U.S. they always seem to want more than they are allocated.
I don't think he and others liked that kind of market solution to his perceived problem. It's possible they prefer some type of imposed DEI solution on Canadian tech companies.
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True but most people have tuned in to the fact that life has become much more unaffordable under the recent decade of Liberal rule compared to the decade before that.
So basically you agreeing that his Housing Accelerator Fund is a gimmick and a waste of billions.So he can give clueless people like you, who blame him, the misguided idea that he can do something about it.
Help Cities Accelerate Housing Construction | Liberal Party of Canada
Overly complex, backlogged, and under-resourced municipal zoning and permitting systems are slowing the pace of building much-needed homes. A re-elected Liberal government will: Invest $4 billion in a new Housing Accelerator Fund which will grow the annual housing supply in the country’s largest...
liberal.ca
At least we agree on something
