Just learned, during this tumultuous and precarious week with a NAFTA looming over us and a worthless C$5B pipeline purchase which sends negative signals for foreign investment, Minister of "International" Trade Diversification is in...Singapore?
Just saw him on a Bloomberg interview. Wow he really chows down on those talking points sheets and regurgitates them repeatedly. This guy does not need TUMS for buzz words.
Friday, August 31, 2018
The Only One Feeling Relief Today is the ex-Minister of Natural Resources ("Dude, Where is...") Jim Carr
Where oh where is the new Minister of Natural Resources Amarjeet Sohi? Personal day? I suppose Jim Carr is wiping his brow and sighing relief right now!
How Wrong Are Things Going For Justin? Oh, Let Me Count The Ways...
In the same day...
- After an appeal, the NEB's decision was determined worthless
- Later in the day Kinder Morgan shareholders voted to take the money from the federal government's head scratching purchase of the pipeline, and ran! Bye bye ~C$5.0B
- Alberta Premier announces she is pulling out of the federal climate plan
- A NAFTA conclusion continues to look bleak (and the reasons why Canada has been left in this position are becoming apparent - Chrystia's Freeland "Diplomat of the Year" antagonist speech on US soil, what happened at the G7 in Charlevoix between Jusin and Donald, the Liberals' inaction leading up to these deadline negotiating times, etc. etc. etc.)
It is so bad, not only does this Liberal government give rise to the phrase, "could not organize a kids' party", the C$ has fallen to below its three months high and the new and improved with the new rules that were implemented by the Liberals looks like an incompetent make work project.
In adding fuel to the fire, Trump is firing off comments about whether Canada joins the agreement or becomes a victim of heavy tariffs on its auto sector exports.
WHAT MORE DOES THIS LIBERAL GOVERNMENT HAVE TO DO TO BE VOTED OUT IN 2019?
Justin has done EVERYTHING his father has done (as noted previously in these posts), with exception of mocking the Queen behind her back. There is still a year left before election time and I hear Justin is not well liked in Quebec. We will see....
https://nationalpost.com/news/trans-mountain-pipeline-ruling-shakes-central-pillar-of-trudeau-agenda
Thursday, August 30, 2018
Tuesday, August 28, 2018
NAFTA Countdown: Hopefully Your Summer Vacations (and Back to School Shopping) Are Done - Weaker C$ Just in Time for School After Long Weekend
Interesting Strategy and Tactics to Sign up the Two Biggest Economies of the Agreement, Then Leave Canada With Take It Or Leave It"...in Four Days
After five weeks of waiting it out on the sidelines among the uninvited, surprise surprise, the USA and Mexico have a deal. How does Canada now fit into this with its gender based trade agenda - we will find out Friday. The Liberals' stall strategy (as it pertains to everything the Liberals touch) is up and we will have an answer on whether we are locked into a bad deal, or part of no deal. Anyway, a weaker C$ in time for back to school.
On Bloomberg Daybreak Americas this morning, David Westin (and I'm sure other US journalists and media) laughing at us, "...Imagine that conversation wth Mr. [not Prime Minister] Trudeau, the good news is we want to negotiate with you, the bad news is you have four days..."
After five weeks of waiting it out on the sidelines among the uninvited, surprise surprise, the USA and Mexico have a deal. How does Canada now fit into this with its gender based trade agenda - we will find out Friday. The Liberals' stall strategy (as it pertains to everything the Liberals touch) is up and we will have an answer on whether we are locked into a bad deal, or part of no deal. Anyway, a weaker C$ in time for back to school.
On Bloomberg Daybreak Americas this morning, David Westin (and I'm sure other US journalists and media) laughing at us, "...Imagine that conversation wth Mr. [not Prime Minister] Trudeau, the good news is we want to negotiate with you, the bad news is you have four days..."
Monday, August 27, 2018
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