Richard Dias- Canada’s December Trade Data was released this morning. Conclusion: Canada sells Natural Resources (i.e. Crude Oil, Minerals, & Agricultural Products) to pay for Imported Goods. A thread…
Richard Dias- Canada’s December Trade Data was released this morning. Conclusion: Canada sells Natural Resources (i.e. Crude Oil, Minerals, & Agricultural Products) to pay for Imported Goods. A thread…
So, same as it ever was. And not a problem until we got a government that is against selling natural resources to “save the planet”.
good at what we do. not so good at all the little bits the libs think we can do.
maybe we can export pronouns and interpretive dance
Canada sells natural resources to pay for imported goods. Yes, and to make matters worse, most Canadians think that selling natural resources is wrong – for environmental reasons. I assume they haven’t yet made the connection – stop exporting resources and importing goods also ends because … you will have no money. You cannot import natural resources and import goods at the same time.
Interesting re vehicles and parts:
Canada exports $94.6 billion (in CAD)
Canada imports $144 billion (in CAD)
That’s all Canada has been since the manufacturing sector moved to more profitable climes in the 1980’s, but if we had a government run by adults with the business sense of a 10 year old kid running a lemonade stand, we would be in good shape.
Instead we have a communist son of a communist,surrounded by green zealots.
In the 80’s we complained about the total unfairness of a federal fuel tax. The washing machine manufactured in Ontario sold in Ontario had little added cost because of a federal fuel tax. But shipped to Alberta….
The U.S. never had a federal fuel tax until Bill Clinton came along.
it shows that we export $91.4B and import $157B in consumer goods, one might ask how much of that is pass-through relabelling, versus actual goods production.
I bought a jar of Greek olives and didn’t read the label until after a few weeks at home. It read “Packaged in Canada from various sources”. No mention of Greece.
what constitutes “various sources”? I don’t think there is many olive trees in Canada
A few graphs would help.
I bought a jar of dill pickles at SuperStore. Guess what the label says? A product of India. Does this mean the dill pickles were grown, processed, packaged and shipped to Canada? Why can’t we do this here?
Stop calling me “Drawers of Water”! It’s not my fault that I wet myself!