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That Canada is investing 50% *more in USA than vice versa?
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Political impacts of Ukraine war
- Thread starter KevinB
- Start date
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Didn't say it was rational...
But skimming some of the early paragraphs there seems to be a lot of chatter about barriers to investment. It's almost as if the complaint is that they can't get enough of Canada....
Maybe we should be looking at Hawaii's history.
Flag of Hawaii - Wikipedia
History of Hawaii - Wikipedia
Overthrow of the Hawaiian Kingdom - Wikipedia
...
More realistically the stuff they reference is things like restrictions on banking, purchasing residential land, multiple jurisdictions, digital taxes.... a lot of stuff that shows up in the news recently.
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Further to...
Best revenge would be to create a climate in which Canadians kept that 700 BUSD at home and invested it in Canada.
Just as a reminder that is a rate and not a sum. Canadians sending 700 BUSD per year out of the country to invest in other peoples' projects because they get better returns on the investment and have more faith in getting their money back.
There are bound to be some Canadians, presented with the right terms that would be willing to invest in HSR? Or East West Pipelines, or Energy Corridors, or Eagle Spirit or Northern Gateway or Nuclear power or Windmills....
700 BUSD annually. 20 TMX pipelines a year. Or 7 HSR projects a year.
....
It strikes me that somebody is doing something wrong.
Trudeau will attend security summit in Ukraine on 3rd anniversary of war: Zelenskyy
Prime Minister Justin Trudeau is to be in Kyiv on Monday along with a dozen other world leaders as Ukraine marks the third anniversary of Russia's invasion of that country.
www.ctvnews.ca
Interesting. Looks like Canada is aligning with Europe. Early but we’ll see.
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German election results good for Ukraine?
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He is much more hawkish on Russia, and has made some deep promises of support and Military build up for Germany.
Halifax Tar
Army.ca Fixture
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Trudeau will attend security summit in Ukraine on 3rd anniversary of war: Zelenskyy
Prime Minister Justin Trudeau is to be in Kyiv on Monday along with a dozen other world leaders as Ukraine marks the third anniversary of Russia's invasion of that country.
Interesting. Looks like Canada is aligning with Europe. Early but we’ll see.
Canada has the potential to fill a good portion of the of the Arsenal of Democracy.
We just need the will.
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A lame-duck PM making defence and security promises before an election is a bold political strategy... even for the Liberals.
Will be damned, we need consistency in messaging.
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You need more than the will, you need actually industrial capacity and diversity.
BAE would be a good entity to partner with as they have a slew of products, and with a lot of their production being US based, it would offer a North American option for those who don’t want to buy American.
*Yes BAE bought up FMC and others defense arms, so many to the designs are US IP and ITAR restricted, but BAE has a lot of non US based systems.
They also make Surface Combatants (like the CSC Type 26 base) and Submarines, Nuclear and Non).
Halifax Tar
Army.ca Fixture
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That's called the will. We can do all this, we just have to want too.
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CV90, CV90MkIV, CV90 IFV, CV90120, CV90 Mjolner, CV90 Armadillo,
AMPV, Bradley, M109A7, M109-52, ACV, M113
Archer, Archer Switzerland, Tridon AAA, Caiman MRAP, RG33 MRAP, Tactica APC
BvS10, BvS10 Beowulf
Not mention Vance and Musk stumped for the AFD and it seems like Germania rejected that.
quadrapiper
Army.ca Veteran
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Not having the siren song/arm twist from south of the border working against establishing a domestic capacity (whoever owns it) won't hurt either.
Time to encourage Korean, British, German, Swedish, and French firms to build plants in Canada, as well as making room for purely domestic outfits. See if there's any defence firms in Ukraine who might benefit from being somewhere that's not alive with Russian drones or spies, especially anyone building things that will persist in value post a Russian defeat.
Jarnhamar
Army.ca Myth
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We managed to fix a submarine that ran aground in 14 short years.
Canadian submarine returns to sea 14 years after collision
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daftandbarmy
Army.ca Dinosaur
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Well, we already tried that...
Fate of $100 billion in Canadian EV projects in doubt as political landscape shifts
As Trudeau prepares to exit and Trump takes helm in U.S., policies that helped prop up the industry are being scaled back or cancelledBut as Prime Minister Justin Trudeau prepares to exit office in March, construction on many of those projects has hardly begun, and only a fraction of the estimated $31 billion in federal support has been distributed. That, in turn, has raised questions about whether any of the proposed EV projects will be scaled back or even cancelled, especially if EV sales stutter.
Fate of $100 billion in Canadian EV projects in doubt as political landscape shifts
Trudeau steps down, Trump steps in, leaving some to wonder whether the burgeoning battery and EV supply chain will survive. Read more here
financialpost.com
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This has got me thinking. I need a better economics advisor.
The only thing that kind of makes sense to me is:
Foreign Investment is seen as a liability and not an asset. Financially that is literally true and politically it can be true (Chinese investment in Canada for example). But the counter to this is Trump actively courting foreign investment at Davos, making great play of the Saudi package, and using tariffs to support a competitive tax regime that, together with the tariffs, creates an attractive environment for foreign investment.
But.
Foreign investment represents a cash out flow (I think).
If Canada is investing 50% more in the US than the US is in Canada then Canadians are reaping benefits from the US economy that the US isn't getting from Canada.
Also
Why are Canadians investing more in the US than they are in Canada, and why aren't Americans investing more in Canada? Is that because the quality of the investments are better in the US? More surety? Better rates of return? Because, I think, better rates of return will only exacerbate the cash outflow that results from the investment disparity.
If all that then
To even out the cash flow resulting from the investment difference than the US might want better access to better investment opportunities in Canada (and other countries)
....
As I said I need a better economics advisor. Any thoughts?
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Trudeau "attends". Just like he recently spent a week in Europe "attending".
He likes the spotlight, even though it has been very dim for years. He likes the first class travel and accn. He likes feeding his ego. He likes flittering around.
He does frick all, and no one in Europe pays him any mind.
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Grey is Christian Democrats
Blue is Alternative for Deutschland
Red is Socialist Party of Deutschland
Green is Greens
Purple is The Left
By and large the Ostis (the Easterners) broke for AfD while the Westerners broke for the Christian Democrats, historically the Church party with traditional values (Faith, Family, Fatherland).
One historical curiousity that took my attention was that in the West the SPD retained Bremen, Bremerhaven, Oldenburg and Hanover and a few other towns. Bremen, Bremerhaven, Oldenburg and Hanover are all associated with the British royal family. On the other hand Saxe Gotheburg in the east fell to the AfD. Something and nothing.
daftandbarmy
Army.ca Dinosaur
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