More Economic Action Fail
- Thread starter mentalfloss
- Start date
Lagging exports a drag on Ontario economy
The 90 cent “loonie” was supposed to push Canada’s stalled exports into high gear helping boost overall economic growth particularly in manufacturing dependent Ontario.
But Canada’s export recovery remains elusive despite gradually improving conditions in the U.S., its largest trading partner, and a Canadian dollar that trades at a nearly a 10 per cent discount to the U.S. greenback.
Unusually severe winter weather and the Vancouver port strike in March have been blamed for recent disappointing international trade data.
TheStar
The 90 cent “loonie” was supposed to push Canada’s stalled exports into high gear helping boost overall economic growth particularly in manufacturing dependent Ontario.
But Canada’s export recovery remains elusive despite gradually improving conditions in the U.S., its largest trading partner, and a Canadian dollar that trades at a nearly a 10 per cent discount to the U.S. greenback.
Unusually severe winter weather and the Vancouver port strike in March have been blamed for recent disappointing international trade data.
TheStar
It's too expensive to produce goods in ON. Fix it....and without subsidies.
5 million tonnes of grain still hasn't hit the ports.
5 million tonnes of grain still hasn't hit the ports.
More like the direct cash infusions to Bombardier, CAT, etc... A 'tax break' on future profits doesn't really qualify in the same way
He can't grasp what a tax credit is.
Like solar and wind costing a quarter billion CASH in ON?
He doesn't have a clue and never will... No surprise really, much like his ecotard brethren that spout 'facts' about industry that they are fed by their handlers that are anything but factual.
He's a good stormtrooper though.. Never, ever questions his superiors and always makes sure that his jack boots always have a high shine on 'em