Skip to main content

“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

FELDSTED - Two years after the change was to happen, they announce the change they promised five years earlier and bury overrun costs as best as they can


Nancy Pelosi and the Democrats have sat on the North American Free Trade Agreement (NAFTA) 2.0 ratification to avoid giving President Trump a “win” with an improved NAFTA. Minor changes by the Congress are window dressing to justify the delay in US approval of the deal.
Christina Freeland

Trips by recently appointed Deputy Prime Minister of Canada, Christina Freeland, to the US and Mexico, are also window dressing. This is the tiresome nonsense that governments love. They announce a grand change to programs with great gusto. Two years later they re-announce the same change in an economic update.



Two years after the change was to happen, they announce the change they promised five years earlier and bury overrun costs as best as they can while expecting us to cheer their accomplishment.
NAFTA never died; the agreement kept working while the “negotiations” bored us stiff. Now our taxpayers will shell out a couple of billion dollars to cover the losses of Canadian dairy farmers and our steel and aluminum smelters and foundries while our economy drops a few hundred million a year in auto parts we once made and are now made in the USA.
The US won major concessions while boosting its manufacturing sector and economy. We came out battered at best.


NAFTA amendment negotiations started in August 2017. In November 2018 (15 months later) we were told the amended agreement was complete and ready for ratification. Now we are told that the deal is again ready for ratification again (12 months later, 27 months in all).

“This has been a long, arduous and at times fraught negotiation,” said Deputy Prime Minister Chrystia Freeland, who was in Mexico City for the elaborate signing ceremony.

Give us a break ducks; original negotiations took 15 months of on and off meetings. Ratification delays have taken another year of intermittent negotiations; nothing lasting long enough to cause a sweat. You are regurgitating the euphoria of government announcements on NAFTA in November last year and they have gone rancid in the interim.
At best we survived the negotiations and have nothing to cheer over.

John Feldsted
Political Commentator, Consultant & Strategist
Winnipeg, Manitoba

Comments

Popular posts from this blog

FORSETH: Without a strong local presence, there is NO reason for anyone to tune in to local(?) radio

LOCAL HOMETOWN RADIO IS DYING … and without serious measures put in place, it will likely never see the light of day again. For well over four decades, the Canadian Radio and Television Commission (CRTC) has presided over its’ demise, and for that I say, “Shame”. Without out a word to say enough was enough, the CRTC has allowed corporate Canada to buy up one radio station after the other, and then allowed them to slash staff to the point where some so-called local radio stations do nothing more than air programming that originates from communities well outside the region in which they are located. Case in point?   On CHNL* 610 in Kamloops, the morning show hosted by Vinnie and Randi, DOES NOT originate from Kamloops -- it doesn’t even originate here in BC. It’s a program that Stingray airs across multiple radio stations in Western Canada. It doesn’t end there. Not only are Vinnie and Rando doing mornings on CHNL, but they also show up on sister station Country 103 … and of course o...

Conservative Economic Team Responds to Urgent Industry Concerns

 " For far too long, the BC NDP has ignored the economic challenges facing British Columbians. Manufacturing jobs are vanishing, forestry is in decline, and private sector employment growth has stagnated. Meanwhile, affordability has worsened for both families and businesses. British Columbians deserve better, and we’re here to deliver real solutions to rebuild our economy and create jobs that support everyday working people and their families ." – Gavin Dew, MLA and Shadow Minister for Jobs, Economy, Development, and Innovation.   December 3, 2024, Vancouver, BC – The Conservative economic team met today with business leaders and stakeholders to tackle critical issues impacting British Columbia’s economy. Attended by 9 critics from the Conservative Caucus, this meeting was convened by MLA Gavin Dew – Shadow Minister for Jobs, Economic Development, and Innovation - as a direct response to an October 30th open letter from seven of the province’s largest industry associations. ...

WARD STAMER -- We need certainly in our markets, and certainly in our fibre supply, before we no longer have a forest industry in this province

Image Government of BC I think we all realize that the threat of Trump’s 25% tariff is like other provocative statements he’s made in the past. That said, we should have reason to be concerned. Tariffs don’t benefit anyone. A tariff of that magnitude – included on our own softwood lumber exports, will make things more expensive for Americans, and cause friction in the supply chain. If imposed, a twenty-five percent tariff will be equally detrimental to the citizens and economy of the United States, as well as the people of BC. There are two things, however, of equal concern to the threat of punitive tariffs by incoming U.S. President-elect Donald Trump. One is our antiquated stumpage fees. It is a legacy from decades ago, and one incapable of responding to changing market conditions. We need to revamp our stumpage system to better reflect market conditions, and our economic costs. Instead, a value-added tax system will be instantly responsive to current market conditions and will encou...

Labels

Show more