Trudeau sends a message, or three, on Asian summit tour

White_Unifier

White_Unifier

Senate Member
Feb 21, 2017
7,300
2
36
Twin_Moose said:
Tariffs are a wealth transfer?
Click to expand...

Actually, tariffs can transfer wealth in a sense. To take an example:

Imagine a company with a plant in NYC and one in Vancouver BC. With open borders, the company would produce products in NYC for Eastern North America and in Vancouver for Western North America. Once tariffs go up though, then the US plant sells all over the US and the Canadian plant all over Canada. On the one hand, it pushes prices up due to more transportation costs. Greater transportation distances to market might harm the environment too. However, it can also create more busy-work jobs for truckers who might otherwise be unemployed. It may transfer wealth in that sense. But the greater inefficiencies and overhead costs undo that transfer though. So in reality, everyone loses to a degree.
 
Twin_Moose

Twin_Moose

Hall of Fame Member
Apr 17, 2017
22,041
6,160
113
Twin Moose Creek
White_Unifier said:
Actually, tariffs can transfer wealth in a sense. To take an example:

Imagine a company with a plant in NYC and one in Vancouver BC. With open borders, the company would produce products in NYC for Eastern North America and in Vancouver for Western North America. Once tariffs go up though, then the US plant sells all over the US and the Canadian plant all over Canada. On the one hand, it pushes prices up due to more transportation costs. Greater transportation distances to market might harm the environment too. However, it can also create more busy-work jobs for truckers who might otherwise be unemployed. It may transfer wealth in that sense. But the greater inefficiencies and overhead costs undo that transfer though. So in reality, everyone loses to a degree.
Click to expand...

I agree I want Cannuck to edjumicate me on wealth transfer to Eastern Canada through Tariffs
 
C

Curious Cdn

Hall of Fame Member
Feb 22, 2015
37,070
8
36
Cannuck said:
Oh! Now I get it. When you said "ours", what you really meant was "eastern Canada's.

I think western Canada subsidizes eastern Canada enough.
Click to expand...

That's what you're told by your famous populists, anyway. It's an old tradition in the West going back generations.
 
Twin_Moose

Twin_Moose

Hall of Fame Member
Apr 17, 2017
22,041
6,160
113
Twin Moose Creek
White_Unifier said:
I guess the idea is that it will make the wealthy poorer without making the poor wealthier?
Click to expand...

Well IMO it is to protect important industry's within the country that may go away when mounted by pressure from foreign companies dumping cheap similar products into the country. Main reasons usually are local economy dependent, large work force protection, copyright infringement, product quality, original country product distinction, etc. etc.

Cannuck probably knows better so he can explain to us the real reason :)
 
Cannuck

Cannuck

Time Out
Feb 2, 2006
30,245
99
48
Alberta
White_Unifier said:
I favour free trade because it benefits consumers.

correct me if I misunderstood you: you oppose free tariffs because you think they might benefit Eastern Canada?
Click to expand...

No. I oppose tarrifs because they are unnecessary and cost taxpayers money. It's just government sticking it's nose into business and picking winners and losers. In Canada, the government just happens to equate "winners" with eastern companies and industries.
 
Twin_Moose

Twin_Moose

Hall of Fame Member
Apr 17, 2017
22,041
6,160
113
Twin Moose Creek
Cannuck said:
No. I oppose tarrifs because they are unnecessary and cost taxpayers money. It's just government sticking it's nose into business and picking winners and losers. In Canada, the government just happens to equate "winners" with eastern companies and industries.
Click to expand...

You still have to explain the transfer of wealth from West to East through Tariffs though please inform me on how it works
 
Cannuck

Cannuck

Time Out
Feb 2, 2006
30,245
99
48
Alberta
Jinentonix said:
Um, how would you even be subject to tariffs on Bombardier products in the first place? Are you confusing bail-outs with tariffs?
Click to expand...

Ask twin moose. He/she was the one that suggested tarrifs should be used to protect "our" manufacturers and then, when pressed cited Bombardier as one of "our" manufacturers.
 
Twin_Moose

Twin_Moose

Hall of Fame Member
Apr 17, 2017
22,041
6,160
113
Twin Moose Creek
Cannuck said:
Ask twin moose. He/she was the one that suggested tarrifs should be used to protect "our" manufacturers and then, when pressed cited Bombardier as one of "our" manufacturers.
Click to expand...

You don't read very well do you? You asked who we as taxpayers support that's when I listed companies that received bail outs and then followed up with that has nothing to do with Tariffs. Then proceeded to ask you how Tariffs are wealth transfer to the East which you have not explained to me yet, so can you explain to me now please, I'm dyeing to know, sitting on pins and needles for your expertise.
 
pgs

pgs

Hall of Fame Member
Nov 29, 2008
28,581
8,164
113
B.C.
Twin_Moose said:
You don't read very well do you? You asked who we as taxpayers support that's when I listed companies that received bail outs and then followed up with that has nothing to do with Tariffs. Then proceeded to ask you how Tariffs are wealth transfer to the East which you have not explained to me yet, so can you explain to me now please, I'm dyeing to know, sitting on pins and needles for your expertise.
Click to expand...
Do you expect any coherent response from a troll ?
 
You must log in or register to reply here.
Top Bottom