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Calgary & Alberta Economy

Retaliatory taxes are what will costs the most. Ottawa's drunken sailor spending which proposes to compensate Canadians with tariff war rebates is going to bankrupt us as you know the revenues from the tariffs will get spend on some other pointless action.

Should of just let it go. Americans would have come to their senses. With retaliatory actions, Trump will never give in even if it weakening the US in the global supremacy battle with China.
 
Calgary oil and gas companies are going to feel these tariffs hard.

No more monthly golf "charity" events.
 
maestro said:
Should of just let it go. Americans would have come to their senses. With retaliatory actions, Trump will never give in even if it weakening the US in the global supremacy battle with China.
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Again, what part of the current situation suggests “just letting it go” will work? And Americans would come to their senses? Those are the same senses that brought this chaos on, without warrant or reason. Why trust now?

Imagine we don’t retaliate, erode our competitive and industrial base further and are in a worse place to resist the next round of unwarranted demands. There’s no viable path for appeasement here based on any of the dynamics and personalities involved.
 
The absolute craziness of this is, he could relent and delay it for a month like he did with Mexico. There's another call with Trudeau coming up. But we cannot forget how unreliable the USA is. I do lump everyone in that country together if the democrats can't be organized enough or appealing enough to keep that guy out of office... We heard forever about how Alberta needed off the energy rollercoaster it has taken forever but we're finally starting to do some other things. Take this as an opportunity. That's what I want to hear from Pierre or Carney when they're squaring off, who is going to take this as an opportunity to make Canada better? I'll be happy to move on to some serious conversations about Canada's bigger picture.
 
Whatever path we take, the theme of the path needs to be us being less reliant on the US as a trading partner.
Even if Trump is gone in 4 years, long term we need to diversify our trading partnerships. Those MAGA losers are going to go away.
 
Part of me thinks if we didn't have Trudeau as our PM, Trump would be more willing to hear us out. We should've had an election by now instead we got a guy, who Trump very much dislikes, negotiating on our behalf. I don't know if today's 3 pm call between Trump and Trudeau will make much of a difference. In the long term, this should be a wake-up call at how incompetent Canada has managed their resources and infrastructure. We're now well into an era where self-interest in one's own country comes first and Canadian politicians haven't caught on with what's happening around Europe and the US for the last 8-9 years.
 
Tarsus said:
Whatever path we take, the theme of the path needs to be us being less reliant on the US as a trading partner.
Even if Trump is gone in 4 years, long term we need to diversify our trading partnerships. Those MAGA losers are going to go away.
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Sure but that means putting issues like Supply Management on the table. It has been a barrier to trade agreements in the past, but no party seems willing to 3ngage the Milk Mafia
 
CalgaryTiger said:
The absolute craziness of this is, he could relent and delay it for a month like he did with Mexico. There's another call with Trudeau coming up. But we cannot forget how unreliable the USA is. I do lump everyone in that country together if the democrats can't be organized enough or appealing enough to keep that guy out of office... We heard forever about how Alberta needed off the energy rollercoaster it has taken forever but we're finally starting to do some other things. Take this as an opportunity. That's what I want to hear from Pierre or Carney when they're squaring off, who is going to take this as an opportunity to make Canada better? I'll be happy to move on to some serious conversations about Canada's bigger picture.
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A delay does little to alleviate uncertainty. What is needed is immediate reopening of CUSMA negotiations, which cannot occur with Canada's lame duck government. The Liberals need to acclaim Carney as leader and call back Parliament ASAP. The NDP needs to support non-confidnece as that an election can occur.
 
DougB said:
A delay does little to alleviate uncertainty. What is needed is immediate reopening of CUSMA negotiations, which cannot occur with Canada's lame duck government. The Liberals need to acclaim Carney as leader and call back Parliament ASAP. The NDP needs to support non-confidnece as that an election can occur.
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I mean sure, except Trump just said it is about the banks. Yesterday it was the border. I'd say the message is different behind the scenes but everything I read says otherwise. We do not know what he wants, there is no negotiation if you don't know what you're negotiating.
 
CalgaryTiger said:
I mean sure, except Trump just said it is about the banks. Yesterday it was the border. I'd say the message is different behind the scenes but everything I read says otherwise. We do not know what he wants, there is no negotiation if you don't know what you're negotiating.
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That is why formal negotiations are required....get all the issues on the table and agree to the path forward. Negotiating moving targets through social media won't solve anything. It probably is about items like digital services, supply management and protection of financial services. The sooner those negotiations begin, the better
 
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