Should Canada KILL NAFTA?


B00Mer
#1


If Donald Trump kills NAFTA, Canada could benefit

Weíd still have free trade. But U.S. corporations would no longer have the right to override Canadian law.

Donald Trump says heíll tear up the North American Free Trade Agreement if he canít renegotiate a better deal. That has spooked Canadians.

We should relax. We should take a deep breath. Depending on how itís done, getting rid of NAFTA could work for us.

Even without NAFTA, goods could continue to flow tariff-free back and forth across the Canada-U. S. border. Thatís because the original Canada-U.S. Free Agreement of 1989, which eliminated most of these tariffs, has never been repealed.

It was superseded by NAFTA in 1994. But it continues to exist. And should NAFTA be axed, it will automatically come into play again.

Thatís the view of trade experts, such as Osgoode Hallís Gus Van Harten. It is also the view of the government of Canada, as expressed through its ambassador to Washington, David MacNaughton.

So what are the differences between the FTA and NAFTA? One is that the earlier deal doesnít include Mexico ó which means that, so far at least, it is not on the U.S. president-electís hit list.

The second is that, unlike NAFTA, the original Canada-U. S. pact doesnít allow foreign corporations to challenge Canadian laws.

This so-called investor-state dispute settlement mechanism has turned out to be the most controversial part of the three-nation trade and investment pact. American corporations have used it to override Canadian environmental and regulatory laws that they said interfered with profitability.

A 2015 study found that of the completed NAFTA disputes involving Canada, roughly half were decided in favour of the corporations.

Others never made it to the dispute-resolution stage because Canadian governments caved in.

By contrast, no Canadian corporate attempt to challenge U.S. laws under NAFTA has ever succeeded.

In short, a U.S. decision to pull out of NAFTA could benefit this country. Technically, Canada and Mexico could continue on with the pact. But it was designed around the giant U.S. market and makes little sense without it.

The Canadian government has boldly announced it is willing to renegotiate NAFTA if thatís what Trump wants. MacNaughton told reporters this week that Ottawa would particularly like to address Americaís persistent bias against importing Canadian softwood lumber.

Good luck on that one. The original FTA was supposed to clean up the softwood lumber mess. It didnít. Neither did NAFTA. Americaís politically connected lumber producers have successfully scuppered free trade in this commodity. They are not likely to give up.

More to the point, a renegotiated NAFTA is likely to go badly for Canada. Trump has campaigned and won on a promise to deliver trade deals that better protect American workers. If he pays any attention at all to Canada (and with luck he wonít) he will want visible gains from this country in any renegotiated deal.

Trade is not supposed to be a zero-sum game but in some instances ó particularly when one of the players wants to demonstrate dominance ó it is.

What can we do?

First, take Trump seriously. He promised to renegotiate or scrap NAFTA. We should assume he means it. He is not likely to give the back of his hand to the working people of Americaís rust belt who assured his victory.

And he can do so unilaterally ó even if free-traders in the new, Republican-dominated Congress object.

As the New York Times reported earlier this year, U.S. presidents may have to win Congressional approval to pass new trade deals. But thanks to a series of laws passed over the 20th century, they need no such approval to scrap or override existing trade deals.

If Trump wants to slap a punitive tariff on imported goods, he can legally do so.

If he wants the U.S. out of NAFTA, he need only give six months notice.

There is no guarantee that the president-elect wonít turn his rage against Canada. He may decide to scrap the original FTA as well as NAFTA. If so, Canada will have little choice but to resurrect some version of John A. Macdonaldís national policy of tariff-protected industrialization.

But if Trump kills just NAFTA, that wonít be so bad. It hasnít been a good deal for us either.

source

[youtube]N_MR7tL7tWs[/youtube]

Buy Canadian! Hire Canadian!
 
spaminator
+1
#2
the better question to ask would be should Canada kill trump?
 
B00Mer
#3
White House advisors called Ottawa to urge Trudeau to help talk Trump down from scrapping NAFTA
 
taxslave
#4
Best way to stop the US lumber barons in their tracks is to ban the export of raw logs. With no notice. Cutting off the supply of other raw materials would be somewhat harder because it seems few of the anti trade Canadians want a refinery or steel mill in their province or the necessary infrastructure to export to the rest of the world. Also the lead time to build facilities is somewhat longer.
 
MHz
#5
Quote: Originally Posted by spaminator View Post

the better question to ask would be should Canada kill trump?

That should get you to the front of the class for all the wrong reasons.
 
lone wolf
#6
What's to stop US from kicking in the door and taking what they want? They have a 200 year history of doing just that....
 
MHz
#7
The US doesn't need our lumber, they won't be going through any building boom where they would need a lot of softwood. Raw tarsand could be used in road repair as it would cut down the task of finding a lot of heavy crude. That and milling existing streets would put the cost at next to zero. Canada also has ice which is fresh water. What we don't have are the steam-ships to deliver it to the rich in the tropics. Moving on means trying something new rather than trying to rebuild the past.
Add in the fact that robotics will be the ones getting the 'jobs' we better start making sure the Gov has a safety net in place where a god proportion of the population is out of work and will be for a long time so now is the time to pick a hobby unless insanity is your goal. There is no shortage of money in the world. It just has to be taken away from the trillionaires first and work your way down the ladder. They can be persuaded that $500M will get you the same stuff over a lifetime.
 
B00Mer
#8
Jeez, it's like the Clampetts have hit Washington, only they were nicer. His son-in-law? Any special powers other than using the presidential office for gain and endowing the whole family with such powers? He can't even pronounce Nafta.

Quote: Originally Posted by lone wolf View Post

What's to stop US from kicking in the door and taking what they want? They have a 200 year history of doing just that....

Well then it's gloves off..

The oil pipelines that ship the crude to the USA would suddenly find C4 strapped to the side, just like the Natives did up north, blow the fukkers up. 1970's lines ups at the pumps again in the USA.

The electrical power-lines on Quebec and Ontario that keep the North Eastern USA with power would fall.

I could go on, and on with ways to fukk the USA over without even setting foot in the USA, but I don't want to give ISIS any ideas..

Canada and the USA are so interconnected, and they rely on Canada so much, if the powers that be suddenly shut it down, the US economy would tank.
Last edited by B00Mer; May 9th, 2017 at 11:32 AM..
 
EagleSmack
#9
yawn
 
B00Mer
#10
Quote: Originally Posted by EagleSmack View Post

yawn

Guess you don't remember..

https://en.wikipedia.org/wiki/Northe...ackout_of_2003
 
EagleSmack
#11
And?
 
B00Mer
#12
Quote: Originally Posted by EagleSmack View Post

And?

The only state in the USA that is not dependant on outside electricity in Texas.

The North Eastern USA is dependant on Canadian power.. cut that off, and the USA would be weeks to restore and route power.. current it doesn't have enough power plants in the NE USA.

In short if a terrorist wanted to screw with the USA.. hit those lines in the dead of winter.. you're going to have 1000's freeze to death. That's a terrorist attack.

The USA is vulnerable in so many ways..

US and Canadian infrastructure are so intertwined, and the USA & Canada relies on so much from each other that people don't think about it.

https://www.eia.gov/todayinenergy/detail.php?id=21992
 
EagleSmack
#13
Man you must have so little faith in your Canadian infrastructure.
 
Tecumsehsbones
+2
#14  Top Rated Post
Quote: Originally Posted by lone wolf View Post

What's to stop US from kicking in the door and taking what they want? They have a 200 year history of doing just that....

Short answer. . .


ROWSDOWER!


 
B00Mer
#15
[youtube]DouTavfoGZQ[/youtube]
 
lone wolf
#16
Quote: Originally Posted by Tecumsehsbones View Post

Short answer. . .


ROWSDOWER!



...or give them a map
 
B00Mer
#17
One thing that the major players in this mess need to do is stop telegraphing how desperate Canada is...theres no need to be!! Canada is rich in resources .. with the right people negotiating we can hold our own instead of giving into Trump's tyranny!

Pre-NAFTA & FREE Trade Canada had a strong manufacturing industry and Union Jobs.. before Canadian politicians sold our out jobs to YUUGH Multi-national Corporations.

45 seems to be a drama queen and thrives on being an attention whore. (like EagleCrack)
 
EagleSmack
#18
Plus you have....

 
Tecumsehsbones
+1
#19
The client states have been listening to self-esteem podcasts again.
 
B00Mer
#20
Quote: Originally Posted by EagleSmack View Post

Plus you have....

You must be one of those Yankee Jesus freaks.

[youtube]Ly6h7XW8IRY[/youtube]

You lost me at "talking to Jesus". Crazy bitch.

MAGA - Militant A-holes Gone Angry.
 
EagleSmack
+1
#21


*snicker*
 
B00Mer
#22
[youtube]P43WZd611WA[/youtube]

LA Riots
Watts Riots
Chicago Riots

* snicker"
 
coldstream
+1
#23
NAFTA has been a utter failure.. for ALL 3 countries. The only people who have benefitted are traders and financiers who have made themselves grotesquely wealthy by playing one nation off against the other.

That is the profit equation of Free Trade which has nothing to do with 'freedom'. It depends on a desperate, captive workforce.. which is ruthlessly exploited.. in the interest of 'shareholder' profits.

DUMP it. It will NEVER work, and it is already in a death spiral. Reestablish a sovereign, national, integrated, industrial economy for Canada.. and use that as a basis of trade for value added product. That will work.
 
B00Mer
+1
#24
Quote: Originally Posted by coldstream View Post

NAFTA has been a utter failure.. for ALL 3 countries. The only people who have benefitted are traders and financiers who have made themselves grotesquely wealthy by playing one nation off against the other.

That is the profit equation of Free Trade which has nothing to do with 'freedom'. It depends of a desperate, captive workforce.. which is ruthlessly exploited.. in the interest of 'shareholder' profits.

DUMP it. It will NEVER work, and it is already in a death spiral. Reestablish a sovereign, national, integrated, industrial economy for Canada.. and use that as a basis of trade for value added product. That will work.

Canada doesn't even have Free Trade between Provinces, yet the architects of NAFTA want us to have Free Trade with other Nations. It's a scam for multi-National Corporations to get rich as the expense of the Middle Class.

Hurting mostly Canadian and US workers and good paying jobs.

 
EagleSmack
#25
Montreal Riots
Toronto Riots
Vancouver Riots

*snicker*
 
B00Mer
#26


 
EagleSmack
#27
 
B00Mer
#28
Quote: Originally Posted by EagleSmack View Post

vs America..

 
EagleSmack
#29
No competition....





ALL THE WORLD!
 
MHz
#30
Never fear, we have a backdoor program.
Kushner emerged as conduit for Canada on NAFTA talks - 12160
 

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