Canada faces a pile of new trade actions that start next week. Why isn’t Mark Carney trying to get a new deal.
Instead, he’s putting good paying jobs at risk because he prefers politics to economics. Odd for a man trained in economics.
I wrote about this in my latest column for the Toronto Sun in the wake of new comments from US Trade Representative Jamieson Greer during media appearances this past week. For the record, I’ve asked Greer for an interview next week, we shall see what his office says.
Earlier this week, I was writing on a similar issue and went back into the history books for examples of trade wars and other wars changing buying patterns. I talk about it in the video above, you can read the written version if you like here.
We are making some dumb moves that could cost us jobs for decades if we aren’t careful.
One delayed plant, billions of dollars saved…
I talk about the delayed VW EV battery plant in the video and explain how this can save us money. Bottom line, all those incentives were tied to employment and production, with the plant delayed by two years, they won’t be getting the full tax credit.
So no, we haven’t given VW $13 billion yet and we never will.
Read details here.
