Davin News Server

In article <ec67c9bae65b18f9135e3e95f0a579cb@dizum.com>,
Dorsey Park  <dorseypark@shaw.ca> wrote:
>While we’re all waiting for something resembling a Team Canada approach to 
>materialize in the looming U.S. trade-war catastrophe, let’s begin with a 
>quick account of just how close Canada has come to failed-state status.
>
>The House of Commons has been padlocked since Jan. 6. The successor to 
>Canada’s disgraced prime minister will not be known until the Liberal 
>party’s leadership vote on March 9. Within days of the House of Commons’ 
>March 24 return, an anticipated non-confidence vote would officially 
>dissolve Parliament, triggering an election campaign that can legally 
>carry on for 51 days.
>
>Our prime-minister-in-waiting is Conservative Leader Pierre Poilievre, but 
>for now we’re all obliged to play along with the idea of Justin Trudeau as 
>our PM, which is a true thing only in the strictest constitutional sense. 
>In the meantime, American president-elect Donald Trump has pledged to 
>sabotage Canada’s economy by imposing a 25 per cent tariff on all Canadian 
>exports to American markets upon his inauguration in Washington on Jan. 
>20.
>
>This will immediately threaten hundreds of thousands of Canadian jobs. It 
>won’t be until some time in May that we’ll have a genuine prime minister 
>and a functioning Parliament, giving Trump a four-month advantage in his 
>declared objective of exerting “economic force” to annex Canada as the 
>51st American state, the madhouse notion behind his pretext involving 
>border security and drug trafficking, which Ottawa is still playing along 
>with.
>
>In the meantime, formulating some sort of defence falls as much to 
>Canada’s provinces as it does to the country’s lame-duck federal 
>government. There’s a resounding multi-partisan consensus that Trump’s 
>grievances with Canada are concocted and contrived. That’s almost where 
>Canadian unity ends.
>
>A trade response would ordinarily mean retaliatory tariffs, which are 
>constitutionally Ottawa’s prerogative, and Foreign Affairs Minister 
>Mélanie Joly says everything should be on the table. But Saskatchewan 
>Premier Scott Moe says nothing should be on the table: “Any export tariffs 
>or restriction of products that Canadians produce and provide to anyone in 
>the world is simply not on.”
>
>Ontario Premier Doug Ford, head of the Council of the Federation, says 
>those wide-open options should include shutting off energy supplies: 
>“Depending how far this goes, we will go to the extent of cutting off 
>their energy, going down to Michigan, going down to New York state, and 
>over to Wisconsin.” But Alberta Premier Danielle Smith says that any 
>retaliation that encumbers Alberta’s ability to sell oil and gas to 
>American buyers would incite a “national unity crisis.” Her reasoning: 
>“Oil and gas is owned by the provinces, principally Alberta, and we won’t 
>stand for that. I can’t predict what Albertans would do.”
>
>It’s in Alberta that a clear Conservative claim to the mantle of national 
>leadership against Trump’s belligerence could easily founder. Poilievre is 
>an Albertan, and the Conservatives out-poll the Liberals in Alberta at a 
>wider margin than in any other province — 62.4 per cent to 12.9 per cent. 
>Poilievre’s response to Trump’s provocations has been measured, clear and 
>unequivocal: “Canada will never be the 51st state. Period. We are a great 
>and independent country. We are the best friend to the U.S.” At the same 
>time, Poilievre has made it plain that whatever Smith or Moe say, as prime 
>minister he would definitely retaliate, and Canada’s energy should be on 
>the table.
>
>Canadian oil and gas already sells at a discount in American markets, so 
>it makes no sense even from an American perspective to get into a tariff 
>war, Poilievre points out: “I would say to President Trump, I will 
>retaliate with trade tariffs against American goods that are necessary to 
>discourage America (from) attacking our industries. I’d rather we work 
>together, though, because if we do, we can have a bigger, stronger 
>economy.”
>
>Doug Ford has adopted precisely that line. So has Ottawa. Energy Minister 
>Jonathan Wilkinson is in Washington making the case for a Canada-U.S. 
>energy and resource alliance in the face of mounting global threats, 
>particularly from China. But it’s not at all clear that Trump can be 
>persuaded. “We don’t need their fuel,” Trump said last week. “We don’t 
>need their energy. We don’t need their oil and gas. We don’t need anything 
>that they have.”
>
>It didn’t help appearances that Smith’s travelling companion at Trump’s 
>Mar-a-Lago resort last weekend was the reality-television investment guru 
>Kevin O’Leary, who calls himself a Canadian when in Canada but has 
>recently moved to Florida from Boston, the city he calls his “hometown.” 
>O’Leary has long been advocating for some sort of North American “economic 
>union” with a common currency and a shared Canadian-American passport.
>
>And Smith has been lathering up her case for an Alberta oil exemption from 
>Trump’s tariffs on the grounds that it was because of “eastern 
>politicians” that Alberta’s hopes for the Northern Gateway pipeline to the 
>West Coast and the Energy East pipeline to Quebec were dashed, confining 
>Alberta’s oil and gas expansion to American buyers in the first place. 
>It’s “outrageous” that anyone would propose retaliating against American 
>tariffs by scaling back or shutting down American access to Alberta’s oil, 
>she says.
>
>That tells only half the story. The Energy East project’s profitability 
>was based on the presumption of oil prices at $100 per barrel. TransCanada 
>cancelled the project in 2017. As for the Northern Gateway pipeline, which 
>would have run twinned pipes from Bruderheim, Alta. to Kitimat on the 
>coast, at least two-thirds of B.C’s Conservative voters wanted oil tankers 
>banned from B.C.’s north coast and the Enbridge-led project fizzled during 
>the Harper government’s final years. The B.C. government, led by Christy 
>Clark at the time, was against it, too.
>
>The NDP’s Jagmeet Singh and B.C. Premier David Eby say Canada should 
>consider blocking American access to critical minerals and other 
>resources. B.C. Conservative Leader John Rustad says Canada should reopen 
>trade offices in China, which is as painfully weird as Christy Clark’s 
>claim, contradicted by the evidence of her own several public statements 
>last year, that she’d never joined the Conservative party.
>
>While B.C. premier, Clark signed North America’s only “Belt-and-Road” 
>agreement with Beijing, and while her bizarre comments about her 
>assignation with the Conservatives was what dealt her out of contention to 
>replace Trudeau, her affection for failed Conservative leadership 
>candidate Jean Charest, a favourite of the Chinese Communist Party, should 
>be understood as genuine.
>
>Lastly, as if to dispel any doubt that Trump has the market cornered on 
>politics as infotainment, Trudeau’s personal economic adviser, Marc 
>Carney, Team Trudeau’s pick for a successor, showed up on Comedy Central’s 
>hipster-left The Daily Show with Jon Stewart in New York on Monday night. 
>“I’m an outsider,” the Liberal insider’s insider told Stewart, coyly 
>confirming his plan to take a run at it.
>
>You’d think we were already the 51st state or something.
>
>https://nationalpost.com/opinion/canada-grows-ever-closer-to-failed-state-
>status
>

And stock markets do not react.
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