How should Canada respond to a No-deal Brexit?
- Thread starter White_Unifier
- Start date
With one of its main markets suddenly cut off from it.
I voted option 2 by the way. Sure it would benefit the UK, but it would benefit Canada too. As to which of the two it would benefit more, I don't care as long as it benefits Canada.
The UK could survive EU tariffs, but you will be hurting.
And judging how Trump has treated Canada and the EU is now treating the UK, Canada should turn to the UK as a natural economic ally.
No it won't. The EU is to suffer most most Brexit. Britain - as always - will be just fine.
The EU sells more to Britain than Britain sells to it.
The EU will soon no longer be receiving billions of pounds of British money, which it will only be able to replace if it makes other member states pull their weight and pay more into the coffers.
Britain will be just fine. After all, a country gaining its independence is a great thing, to be celebrated.
Nope. Why would a country suffer because it's no longer ruled by a corrupt, anti-democratic, economically sclerotic empire?
I always thought gaining independence was a good thing. Many countries around the world have a day set aside aside each year in which they celebrate their independence. Britain will join them - every 29th March Britons will celebrate British Independence Day by fireworks and merriment. What's the problem?
Seems like you're confusing things. Brexit might be a good thing, but that doesn't mean it won't come without some growing pains.
You make it sound as though Britain's never been independent before and such a thing will be new to it.
I remember when countries gaining their independence was treated as a good thing. So why all the fuss over Brexit? Surely we should be celebrating a country regaining independence and no longer being ruled by a bunch of foreigners draining it of cash and decimating vital industries. And we should be celebrating a country regaining a major right of sovereign nations - control if its own borders.
But if the EU raises tariffs against the UK, it would not only hurt itself but the UK too. Now the good new is that the UK would be free to trade freely with the rest of the world, and so it could recover from it and even come out on top in the end. But make no mistake, the world's economy is complex and so businesses can't adjust over night. There will inevitably be an adjustment period.
The EU already implements high tariffs on things like oranges, clothing and footwear.
https://brexitcentral.com/eu-thousands-senseless-tariffs-punish-poor/
And Canada could accelerate the negotiation process through unilateral free trade in tariffs and quotas. Then all we'd need to negotiate would be the the more complex stuff (like packaging and labeling rules, phytosanitary regulations, banking rules, etc.) without getting bogged down with the simple stuff.
