Why do you keep saying that time is running out? Carney just got elected; he has lots of time.
I’d like to see this get resolved too but I’m not sure what else he can do in that regard. In my view, Canada’s focus should be on developing new trading relationships anyhow and becoming less reliant on the US; so as far as I’m concerned I don’t really care how long these negotiations take.
clearly you do understand or care about the Canadian Economy
In 2024, Canadian exports of goods and services represented about 32.5% of Canada's GDP, according to the World Bank. Other recent estimates show exports accounting for a substantial portion of the economy, such as the
Scotiabank report stating exports were roughly 34% of GDP in 2023
3/4 of 32% of our GDP is at stake here
that is massive for an economy which grows 1% to 3% , with 3% being a great year
so yes there is some urgency to get a US deal done
re:
In my view, Canada’s focus should be on developing new trading relationships anyhow and becoming less reliant on the US
an unfulfilled fantasy which has been a goal of every government since confederation
again you are completely ignorant of the facts and reality
#1 any trade deal initiated now takes years/ decades to nurture / develop and grow
#2 Steven Harper signed a whole slew of trade deals over a decade ago, yet here we are now with a 76% export dependency on the US.
#3 any incremental trade that offsets some lost US trade will have significantly more shipping / logistical costs and likely lower margins
#4 Much of our exports are resourced based i.e. commodities and thus we have competition- want to sell more wheat to China ? the aussies are unlikely to just give up market share
our economy is starting to stall out
so no we can not afford to wait, we need a deal to reduce these tariffs
political
Carney ran on a promise that he was the man to go in ''elbows up and get a deal done with Trump'' , that was the centre piece of his fraudulent campaign
our economy is starting to stall out
Carney will know know that a nasty / painful recession is kryptonite for any incumbent politician, let alone one who miserably fails to deliver on recent campaign promises.
he has a razor thin minority
its a coin toss if his bloated budget will pass or trigger a non confidence vote
so there is urgency that is bearing on him and he is well aware of it.
you really do need to look outside of your government funded cacoon and realise the rest of the country does need a resolution to the tariff issue and needs it resolved soon.
