U.S. Annexing Canada (split fm Liberal Minority thread)

[IKnowNothing]

The Federal government created the housing crisis by doing unheard of levels of immigration without any sort of plan as to how we were going to house them. If we had followed historical population growth (roughly 100-250k a year) by immigration our population would be sitting at the high end of 38,851,000 (and that is the high end estimating 250k a year). Odds are the housing market wouldn't have gone insane, rent would be much lower, and the population would be in a much better position. Instead we are at over 40 million, possibly almost 42 million today.

To an extent. Lax immigration control has certainly exacerbated the situation, particularly rents in urban areas. As you said, their hands are not clean.

But it's not TFW's and foreign students that spiked the price of suburban SDH's in Halifax, or 5 acre rural properties in midwestern Ontario. GTA/GVA housing prices have been silly since long before the current state of things, what turned it from "haha silly city bubble" to "fuck, national housing crisis" was the intra-country migration triggered by/during covid. A material uptick in the proportion of the markets with millions willing/able to disburse across the country in pursuit of bigger homes, more space, quieter living etc etc etc. shattered the market equilibrium in the markets of thousands.

 

[lenaitch]

PS

I noted the PM referenced that the Autopact, which the PM acknowledges benefits Ontario, is targeted by Trump.

As I have noted in the past the Autopact was bought with the DEW Line and BOMARC missiles.
The Canada US Trade Agreement was bought with the North Warning Line

Transactions.

Both the decision to implement the DEW line (~1954) and the decision to accept Bomarcs (1958) pre-date the autopact (1965) by several years.

 

[dimsum]

Both the decision to implement the DEW line (~1954) and the decision to accept Bomarcs (1958) pre-date the autopact (1965) by several years.

I think you and @Kirkhill are agreeing here. Both of you are saying that DEW and Bomarcs paved the way for Autopact and CUTA.

 

[lenaitch]

I think you and @Kirkhill are agreeing here. Both of you are saying that DEW and Bomarcs paved the way for Autopact and CUTA.

Perhaps. In long term relationships, it's difficult to decipher between correlation and concurrency. In a sense, marrying my wife 40 years ago has paved the way for buying a new car for her this spring.

 

[daftandbarmy]

Because there is talk from the US side about a North American monetary union, which has been discussed before ...

All hail the 'Amero'!

The merit of a Canada-US monetary union​

Institutions of a monetary union are described. The union leaves unchanged countries’ international competitiveness and national real incomes. Static gains arise from lower interest rates in Canada and Mexico because national monetary and exchange rate instability are eliminated. There will be lower costs of foreign exchange transactions. Dynamic gains arise in the form of greater labor market discipline, better signals about developing comparative advantage and higher economic growth. Traditional criteria for the optimality of monetary union are considered irrelevant because they rely on economic characteristics, which are endogenous to the monetary system in operation.

The successful launch of the Euro at the beginning of 1999, the prospect of official dollarization in Argentina and the poor performance of the Canadian economy and dollar in recent years have prompted a growing interest in monetary union in North America. My paper considers first how a common currency would be created, then analyzes the economic benefits and costs of such an arrangement for Canada and the United States. The paper concludes with some speculation about the political feasibility of monetary union between the two countries.1

The merit of a Canada-US monetary union

Institutions of a monetary union are described. The union leaves unchanged countries’ international competitiveness and national real incomes. Static …

www.sciencedirect.com

 

[Kilted]

Because there is talk from the US side about a North American monetary union, which has been discussed before ...

All hail the 'Amero'!

The merit of a Canada-US monetary union​

Institutions of a monetary union are described. The union leaves unchanged countries’ international competitiveness and national real incomes. Static gains arise from lower interest rates in Canada and Mexico because national monetary and exchange rate instability are eliminated. There will be lower costs of foreign exchange transactions. Dynamic gains arise in the form of greater labor market discipline, better signals about developing comparative advantage and higher economic growth. Traditional criteria for the optimality of monetary union are considered irrelevant because they rely on economic characteristics, which are endogenous to the monetary system in operation.

The successful launch of the Euro at the beginning of 1999, the prospect of official dollarization in Argentina and the poor performance of the Canadian economy and dollar in recent years have prompted a growing interest in monetary union in North America. My paper considers first how a common currency would be created, then analyzes the economic benefits and costs of such an arrangement for Canada and the United States. The paper concludes with some speculation about the political feasibility of monetary union between the two countries.1

The merit of a Canada-US monetary union

Institutions of a monetary union are described. The union leaves unchanged countries’ international competitiveness and national real incomes. Static …

www.sciencedirect.com

I'd rather see us adopt the pound.

 

[RangerRay]

Because there is talk from the US side about a North American monetary union, which has been discussed before ...

All hail the 'Amero'!

The merit of a Canada-US monetary union​

Institutions of a monetary union are described. The union leaves unchanged countries’ international competitiveness and national real incomes. Static gains arise from lower interest rates in Canada and Mexico because national monetary and exchange rate instability are eliminated. There will be lower costs of foreign exchange transactions. Dynamic gains arise in the form of greater labor market discipline, better signals about developing comparative advantage and higher economic growth. Traditional criteria for the optimality of monetary union are considered irrelevant because they rely on economic characteristics, which are endogenous to the monetary system in operation.

The successful launch of the Euro at the beginning of 1999, the prospect of official dollarization in Argentina and the poor performance of the Canadian economy and dollar in recent years have prompted a growing interest in monetary union in North America. My paper considers first how a common currency would be created, then analyzes the economic benefits and costs of such an arrangement for Canada and the United States. The paper concludes with some speculation about the political feasibility of monetary union between the two countries.1

The merit of a Canada-US monetary union

Institutions of a monetary union are described. The union leaves unchanged countries’ international competitiveness and national real incomes. Static …

www.sciencedirect.com

Andrew Coyne explains why this is wishful thinking.

Opinion: Kevin O’Leary explains: not annexation, just an economic union that amounts to the same thing

The TV pitchman says Trump does not want to take over Canada, despite his many proclamations to that effect

www.theglobeandmail.com

There’s just one problem with this idea. Well, there are several, but one in particular: the Americans would never go for it. Give up the dollar, which they control, for a whole new currency, to be administered by a supranational central bank they’d have to share with us? Not in a million billion years.
So if it’s a common currency Mr. O’Leary is after, there’s only one way to get it: Canada would have to adopt the US dollar. Which would mean allowing the U.S. Federal Reserve to decide our monetary policy. Indeed he concedes as much: in an interview with our Steven Chase, he talks about Canada receiving a couple of seats on the Federal Reserve board. Gee, thanks.

 

[OldSolduer]

OK so in my last podcast I complained a lot about the state of Canada - with no solutions.

This next pod in general terms will be my thoughts on how we move forward - not specifically with Trump but how we as a nation can conduct itself with the right person at the helm.

 

[childs56]

OK so in my last podcast I complained a lot about the state of Canada - with no solutions.

This next pod in general terms will be my thoughts on how we move forward - not specifically with Trump but how we as a nation can conduct itself with the right person at the helm.

What's your podcast?

 

[The Bread Guy]

More survey says ....

Most Canadians don’t want to be American, unless it comes with perks: poll | Globalnews.ca

U.S. president-elect Donald Trump has referred to Canada as 'the 51st state' in numerous social media posts, which Prime Minister Justin Trudeau has pushed back against.

globalnews.ca

From Ipsos ...

 

[OldSolduer]

What's your podcast?

Master of None on Spotify

 

[Halifax Tar]

This made me giggle

 

[Remius]

Give it another day and you'll be able to buy those same hats on Aliexpress for 8$ instead of the 55$ that they are selling for on the companies website. Also note that the hat is made in either Vietnam or Bangladesh and maybe, maybe the stitching is done here in Canada.

Well it’s been another day and sales are still coming in. They made 500K in sales in 24hrs.

20,000 and counting: From the U.S. to Australia, entrepreneur says sales are booming for ‘Canada is not for sale’ hat

A Canadian entrepreneur says he hasn’t slept much in the last few days, describing the experience as a ‘a very wild ride’ after his company’s ‘Canada is not for sale’ hat was worn by Ontario Premier Doug Ford.

www.ctvnews.ca

20k hats sold. Not too shabby for a plug from Doug Ford.

 

[Jarnhamar]

This made me giggle

That's all the frail kids on reddit who are bragging about how they'll fight the US military.

 

[dimsum]

That's all the frail kids on reddit who are bragging about how they'll fight the US military.

That’s also the demographic that we’re trying to get to join the CAF (and the US to join their military, etc)…

I’m an older Millennial (depending what year you’re using to count the shift between Gen X and Millennial), and I very much remember how “Millennials are too soft to fight in a war”. Then Afghanistan happened.

 

[Jarnhamar]

That’s also the demographic that we’re trying to get to join the CAF (and the US to join their military, etc)…

It's going to make for an interesting battle when we face off.

 

[dimsum]

It's going to make for an interesting battle when we face off.

The thing is it’s not just Canadian kids who are seemingly “soft”. The US military and our allies are also struggling to recruit. They are not magically more “tough” than Canadian kids.

 

[OldSolduer]

It's going to make for an interesting battle when we face off.

Half of us will want the old FNC1s and the other will want the C7 and its variants......

 

[Halifax Tar]

Half of us will want the old FNC1s and the other will want the C7 and its variants......

I just picked up an AIA Enfield in .308. Im taking that with SP ammo.

 

[Oldgateboatdriver]

Don't nobody diss the FNC1. It was heavy but I hated it when we switched to the "pop gun". The first time I shot the C7 at the range, I wasn't even sure the damn thing had fired when I squeezed the trigger. The only part of me that appreciated the C7 was my shoulder.