PuckChaser said:
Wrong.
https://www.cbc.ca/news/business/statscan-gdp-economy-1.4685318 1.3% for first half of the year, on pace for 1.8% projected growth for the year. In fact, the average growth is the same as the previous government's growth rates after the recession in 2008, which indicates their policies have done nothing.
Very true, the number I sited was a 2.6 percent increase over last may. Still, economists do expect GDP growth of 1.5 to 2.0 growth for this year, so the economy is still growing, and the economy isn't being "driven into the ground" as others have stated.
In fact, Trudeau economic policies may actually hinder economic growth as household spending is a key driver, and with their carbon tax they'll be taking big chunks out of the average household's spending:
https://www.newswire.ca/news-releases/canadian-economy-shifting-to-a-lower-gear-in-2018-677379813.html
And the same money taken out of the economy due to carbon taxes will be given to canadians in forms of rebates. I'm sure a lot of that money is going right back into the economy.
As for the growth of the Canadian economy, I think its a harsh to say that the governments policies have done nothing to promote growth. We are coming off a year of 3 percent growth after all, so its not like the economy struggling, its doing rather well all things considered.
CETA was signed in Oct 2016, after years of negotiations under the previous government. The Liberals have also refused summer sittings requested by the Tories so that TPP could be ratified before the fall.
Correct, negotiated by both parties. But negotiated by both parties still means the liberals played their part in getting the deal done, so saying that one
can't think of anything he's done to strengthen our country, economy, military, trade is a case of selective memory.
Which 2 pipelines? You cannot count Kinder Morgan as both approved and purchased. Government policy caused us to have to buy Kinder Morgan or else it would have had the plug pulled, its also still not starting the major construction due to protests and legal challenges.
I can count it,
I will count it, because it was approved, and later purchased in order for it to not die. The only government policy that helped to convince the original owners to back away can be found in BC
Keystone XL was already approved, the hold up was the US government. Once the President changed, it was approved, nothing the Liberals did made Keystone XL happen.
True, but they still support it, and pushed both president obama and the current president to have it approved, it is not like they sat on their hands and did nothing
Line 3 is the only one to actually have work done.
Yes, so that makes 3 that they have worked on trying to get done.
Energy East was vital to Canadian independance from foreign oil, and would have given good jobs to a hard hit Atlantic Canada. It was cancelled to preserve seats in Quebec.
3 of 5 isn't bad. I believe that the 3 approved take care of Alberta current export capacity as well, unless the numbers have changed in that regard over the last two years.
The problem you're not grasping with Canada cut out of high level NAFTA talks between the US and Mexico is that if you have 2 of 3 parties involved on the same page, Canada gets squeezed as the odd man out. Sure, Mexico won't budge on some of the long-shot issues the US has raised, but if they cut a deal for other concessions and then turn the screws to us to accept, we're left with very little bargaining power.
Not ideal, but the parts where the USA is making headway with Mexico isn't parts that really concern Canada. From what the Mexicans are saying, its making progress in regards to the auto sector, about the country of origin percentage and the low wages paid to mexican auto workers. Not exactly something canada has to be super concerned about. No progress has been made in terms of the US sunset clause, one of the canadian holdups(as reported by the press on both sides of the border) and as far as the canadian dairy sector, I don't see Mexico having a dog in that fight. As it stands, NAFTA isn't dead, its still in effect, and without knowing what deal Canada ends up with its premature to be saying things like "
Now the whole country loses while the rest of the world moves on to trade agreements with the US. They were critized for their negotiating tactics during both CETA and TPP and those deals turned out ok, so if they were open to being critized they should also get credit for helping close the deals. Also, to date America has walked away from two trade agreements, maybe 3, with no sign they will enter the TPP and their trade deal with the EU stalled, maybe dead.
Colourful one liners are nice, but maybe actual research needs to be done.
You were very correct about GDP growth, mea culpa on that point. I did mix up numbers on that one.
As for the rest, the liberals did work on the two trade agreements, they did push and approve 3 pipelines, help steel and aerospace industries, the economy is still growing, unemployment is at a 4 year low, and seeing as we have yet to see what the final NAFTA deal looks like, we can't say who is going to come out the winner, so I think that reecemans post was hyperbole and I will stand by that statement.
