Indeed.No sympathy for Liberal MP's, especially Cabinet Ministers et al. They performed like trained seals for nine years and allowed themselves to be circumvented/circumcised by the PMO.
Don't you mean gelded?No sympathy for Liberal MP's, especially Cabinet Ministers et al. They performed like trained seals for nine years and allowed themselves to be circumvented/circumcised by the PMO.
Castrated. That is the clinical term.Don't you mean gelded?
Canada has been dodging its commitment to NATO for a decade. It may not be able to hold out for much longer.
Spend more or else what, exactly?
500% tariff on colourful socks?Trade sanctions.
I am thinking the Canadian forestry and auto industries could be in for a rough ride…500% tariff on colourful socks?
I am thinking the Canadian forestry and auto industries could be in for a rough ride…
While Canada could be exposing its soft bits on the auto side (don't know as much about that sector), most of Canada's exported wood stuff heads to the U.S. (and nobody seems to be pushing the softwood lumber tariff issue too hard, Red or Blue, to increase exports, meaning a multi-decade rough ride continues) and Asia. According to these stats (2021), EU's only ~2% of Canada's target for wood products (just under $1B/year out of just under $45B/year total exports), so maybe not quite as vulnerable as auto.I am thinking the Canadian forestry and auto industries could be in for a rough ride…
I am thinking the Canadian forestry and auto industries could be in for a rough ride…
While Canada could be exposing its soft bits on the auto side (don't know as much about that sector), most of Canada's exported wood stuff heads to the U.S. (and nobody seems to be pushing the softwood lumber tariff issue too hard, Red or Blue, to increase exports, meaning a multi-decade rough ride continues) and Asia. According to these stats (2021), EU's only ~2% of Canada's target for wood products (just under $1B/year out of just under $45B/year total exports), so maybe not quite as vulnerable as auto.
I suspect the real cost'll be fewer invites to the adult tables, so to speak, or more invites to the kids' tables. People I trust say this may already be happening, but it'll get badder over time, perhaps, without real defence spending acceleration.
we may have inadvertently dodged a bullet though…The Nuclear Sub Club enters the chat
PM's former adviser says there's no indication Canada was invited to join AUKUS defence pact
Former Australian prime minister says Canada's unwillingness to adopt nuclear subs caused snub
And if we do meet our commitments, the (LPC's socialist's paradise) budget will be in for a rough ride
For Canada to meet the target, according to the Parliamentary Budget Officer, Ottawa would need to spend an additional $14.5 billion on annual defence spending in 2024/25. This would increase next year’s deficit by 41.4 per cent while adding more debt and driving up debt interest costs.
Clearly, there’s no way for Canada to meet its NATO spending commitment without blowing through any sense of a deficit or debt target. Put differently, the federal government is unable to meet the demands of its allies without seriously weakening its fiscal position unless it’s finally willing to prioritize such spending over other currently favoured federal initiatives and programs.
When it comes to meeting our international obligations for military spending, poor management of federal finances and suspect prioritization of spending have put Canada between a rock and a hard place.
Canada can’t meet NATO spending target without serious fiscal consequences: op-ed
After recording eight consecutive budget deficits, the Trudeau government plans to run at least five more.www.fraserinstitute.org
Perfect example - although I doubt even PP'll change course & go nuke if he becomes PM, no matter how much more he does for defence.The Nuclear Sub Club enters the chat
PM's former adviser says there's no indication Canada was invited to join AUKUS defence pact
Former Australian prime minister says Canada's unwillingness to adopt nuclear subs caused snub