The UK makes up around 2.5% of Canada's trade exports, and strangely enough, more than half of that is us exporting Gold to them... about 7.5 Billion dollars worth in 2021
I think we'll be okay without a formal free trade agreement.
this post was submitted on 25 Jan 2024
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Trade goes both ways.
But also, it hurts the Brexit fans when they can't bully their way through trade agreements. World is weird man ;)
You'd think they'd have a better understanding of the obscene power that our dairy lobby is. The USA can't even bargain through it I don't know why thought they'd be able to.
The dairy lobby here is more powerful than the gun lobby in the US. It's so powerful that both major parties fully support SM no matter what, and when leadership races happen candidates usually have to commit to maintaining SM during the process. It's so powerful that all the shills that come up with arguments defending SM don't even have to try - every argument they make is bullshit but it doesn't matter because their victory is total.
Ok what the fuck is SM sadomasochism? Cause I read the article checked the thread and there are no definitions or context clues...
Now a large portion of the audience will read your comments coming with my flawed conclusions. And it's at least somewhat funny
Define acronyms For Fucks Sake (FFS)
Supply Management. Dairy is not a free market in Canada. It is a cartel in which each producer gets a quota. The US complains about it constantly because they massively over-produce dairy, which drops the price of US dairy products, which they then want to export to Canada. It would give us consumers lower prices, but would probably kill our dairy indistry. Or at least that's what we are told. I don't have enough knowledge to say whether that story is valid.
Honestly thank you I'm starting to get old and cranky about the acronym issue.
We import even less from the UK than we export to them.
Also, lack of a free trade agreement doesn't mean we can't trade with them at all, most of that trade will continue completely fine. It just means that on either side there can be additional tariffs on specific items if the country decides to do that.
A free trade agreement isn't just about goods either. Professional mobility is a wonderful thing. Anyway, I digress. I hope we can work something out. Actually, I hope the UK reverses course and rejoins the EU, but that's another conversation ;)
Never going to happen. They well have less power then before.
And that would be unfortunate for them, but clearer heads may come to the conclusion that they would have more power internationally than they do now.
Something tells me the opposition will jump on this to say how 'nice hair guy' is bad for Canada.
We want to replace the US as our go to trade partner, we are going to need to increase our trading with other countries
The UK is not our best option for that, our primary exports to the US are Petroleum and Cars/Car Parts, along with a ton of other raw exports. The UK doesn't want that stuff from us because they aren't a refiner/processor anymore. Even if they were, we aren't going to be shipping fossil fuels there, because we don't have a way to get it all the way across the country for a reasonable price. Similarly logging trees in BC and shipping wood products to them simply doesn't make sense logistically. We may be able to foist some food off on them from the prairies, but that's about it from a goods perspective.
We need to increase our trade with Japan, South Korea, Australia, India(unfortunately), along with the developing nations in Southeast Asia.
As an aside we shouldnβt be shipping unrefined oil products anywhere
But for raw trade we have potash, uranium, and asbestos
Raw Aluminum is way higher than anyone ever expects -- cheap electricity means it's refined here.
Sauce: https://oec.world/en/profile/country/can?yearlyTradeFlowSelector=flow0
Aluminum is a good example for why we shouldnβt trade with the US (soft wood as well and everything else) because Trump took office and blocked Aluminum imports from Canada so China could sell more
I shudder to think what country would want to actually buy asbestos. All I can think about is how much of a pain in the ass it is to clean up once used in construction.
Mainly used in cement and cars today
Fun fact, most countries still allow asbestos in a lot of products, including the States. Canada has an outright ban since 2018, which includes in concrete materials.
It's a pain in the ass to deal with when we come across old asbestos concrete sewer pipes and have to dispose of them properly. It's weird that a lot of other countries are still producing it.
It's fucking amazing through. If it weren't for the instant cancer thing it would be used in 1000 household products, electronics, automotive parts, airplanes, space shit, even clothes. There are a few places where the benefits still outweigh the risks though, also places like Russia and China where they don't give a shit.
They threw away their negotiation position when they left the EU, and now they're complaining that they have no leverage? Hah.
Canada would broker a deal with the loss of dairy tariffs with the EU than with the UK. The EU is a vastly bigger market than the UK, and we have way more maple syrup than them.
When the great maple syrup wars begin, Canada will claim dominance.
It's the underpinning behind Quebecois exceptionalism.
Yes, we will hold the world hostage with our Strategic Maple Syrup Reserve until they bow to our demands.
There is still no treatment for BSE. This I think is the real issue.
Perhaps negotiating with a Labor government might be more productive.
The UK is a sinking ship anyways. I wouldn't be surprised to see it split into its constituent parts in the next decade or two.
This is the best summary I could come up with:
After Brexit, an interim agreement kept tariff-free British cheese on Canadian shelves for three years.
In the aftermath of the renegotiation of the former North American Free Trade Agreement, whichΒ saw changes to supply-managed sectors, Prime Minister Justin Trudeau promised dairy farmers that no moreΒ slices of Canada's domestic market would be served up to exporters in future negotiations.
And we reserve the right to pause negotiations with any country if progress is not being made," a U.K. government spokesperson said in a statement to CBC News.
"We remain open to restarting talks with Canada in the future to build a stronger trading relationship that benefits businesses and consumers on both sides of the Atlantic."
A spokesperson for International Trade Minister Mary Ng said Canada is "disappointed that negotiations with the U.K. are being paused."
"Their decision to continue to maintain market access barriers for our agriculture industry and unwillingness to reach a mutual agreement has only stalled negotiations," the spokesperson said.
The original article contains 315 words, the summary contains 160 words. Saved 49%. I'm a bot and I'm open source!