Real El
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Ontario slaps 25 per cent surcharge on electricity to U.S., warns it could go higher
25its actually not a good move. A targeted USA retaliation on energy, not electricity but fuels, can crush the entire east of Canada in days. People are not thinking.
89- Real El
TRILLIUM TALK: Charged-up Doug Ford determined to hit back at U.S.
15Canada better be careful. All Trump has to do is slap a large tarrif on refined fuels exports and it will shut Canada down. 80% of our fuels come from the USA and there is no replacement. Can you imagine a US 25% export tarrif on gas/diesel? Then add the carbon tax increase April!Looking at well over $2.00 a liter in Ontario. It will crush our economy. Ford is playing with fire
41- Real El
WATCH: Trump to announce so-called 'Liberation Day' tariffs
13Existing orders remain in effect. 0% on USMCA compliant goods. 25% on non compliant goods. non compliant energy 10% and a reciprocal 12% on Canada's current tariffs on USA goods .And now there are offers of Canada to drop all existing tariffs on USA goods if USA drops its tariffs. Canada should just drop its tariffs anyways on USA goods. Some are as high as 270%!!!!
35- Real El
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POLL: Readers evenly split on Canada joining the EU
23Canadians need an education in MMT and banking economics.The US dollar is going nowhere in our lifetimes. The amount of outstanding USD denominated debt and dollar demand worldwide is in the area of 100 trillion recorded and another 65 trillion unrecorded creating an astronomical demand for the USD.The Brics and EU combined x 10 would still have nowhere near the financial power of the USA. This is why the USD is accelerated in value against all other currencies on Earth despite an increase in domestic debt.Its this lack of knowledge that has the average Canadian saying join the EU or Brics.If Canadians knew the facts, Canadians would be looking to join the USA on current and future USD demand alone.Like it or not the USA will greatly outperform the world over the next generation simply as there are not enough USD that the world owes. And the US treasury/Fed has also been pulling dollar liquidity creating more demand.. World in trouble but USA is not!
21- Real El
TRILLIUM TALK: Like it or not, Ford insists we need an election
9Vote for bad in power now or vote for worse in the other candidates.... this going to have a real low turnout at the polls.
25- Real El
Ontario 'ripping up' $100 million deal with Elon Musk's Starlink in response to U.S. tariffs
25So whats the cost to taxpayers to get out of the contract? What is the backup plan to serve these communities? Who gets the next contract and how many years later? Do we give up an American supplier for a China one? There are consequences to this tit for tat not being reported.
9- Real El
Trump confirms 25% tariffs on Canadian goods start tomorrow
15very disappointed in Canadians lack of knowledge. A) Canada imports 333 million gallons of refined fuel/petro products a day from the USA. That's the equivalent of 8 million barrels a day. We only export 4.4 million a day.So those calling to hit them in energy are you really prepared? I guarantee you are not. B) Canada government retaliatory tariffs are focused on consumer products. Products Canada does not have enough supply of on its own. Everything from shampoo to soup is going to skyrocket because of Canada's response.Read the retaliatory tariff list line for line.Where do you think the bulk of our food comes from during the winter?I guarantee you didn't can your winter supply of food last harvest season.Blame those in parliament for poor business climate and poor policy that led to Canada being reliant on the USA in the first place. Our politicians and media are leading us in the worst possible direct & retaliatory tariffs will hurt us more than Trump.
13- Real El
Ontario slaps 25 per cent surcharge on electricity to U.S., warns it could go higher
14This wont end well. Look for a USA retaliation export tariff on fuels and refined petroleum products. It will crush Ontario/PQ and the entire eastern Canada who rely on USA for nearly all gasoline and diesel and will also badly hurt Alberta who imports 80% of its distillates to even move its oil to refiners. Remember the USA buys oil to process and send back to Canada. Its a big circle that benefits Canada more than the USA.Any export tariffs leveled by the USA or export tariffs or reduced exports by Alberta hurts our own worse than the USA.It will create chaos.Eastern Canada will see soaring fuel prices and the west will see massive reduction in production requirements leading to layoffs and potential shutdowns. Canada does NOT have the refining capabilities to process our own needs or infrastructure to supply it.
12- Real El
POLL: Federal NDP, Green readers shifting to Liberals
15@gMetz178 million Americans are on employer plans. 12 million have Medicare/Medicaid. 6.5 million kids are on public schools & virtually all Universities provide healthcare (numbers unknown). 33 million direct purchase family coverage which depending on the state & plan which is a tax write off anything over 7.5% of gross earnings. My wealthy small business owner neighbour in South Dakota's Gold family plan (4) cost him $400 a month with a $2k deductible when it was said and done. It was the same plan as my employer plan which he direct purchased and it was stellar.Thats medical, dental, prescriptions and all extended medical plus long/short term disability.Total in Canada with extended you are up around $10k.When its all said and done, state dependant, with all tax considerations (federal, state, muni & adjustments) vs Canada the USA healthcare is much better on both the pocket book & quality of care.There is a reason many Canadians go to USA for treatments.
8- Real El
WATCH: Trump to announce so-called 'Liberation Day' tariffs
9Ms. Smith is the only one doing her job. As for the 270% tarrifs ob milk is due to over quota of of the dairy cartel specifficaly run by PQ protectionists to hold prices high while forcing fine on small farmers causing them to dump hundreds of thousands a liters a year all awhile auction off higher quota allocation to major players who role that cost in to keep higher pricing effecting allmod us!. Wait what... you didn't know??Canada has some of the worst protectionist tariffs in the world, Canadians just don't know it because they watch CBC
8- Real El
Trumped: McDavid the hero as Canada beats U.S. in overtime
10This was great for hockey and should have been organised a decade ago by the NHL instead of the all star game. Thankfully for Canada Tkachuk was out of the game midway through the second and Mcavoy was a game scratch. Canada may have won but one thing for sure is the level of play is very equal around the world. I'll get a hundred thumbs down for saying this but there is no dominant country anymore. If people were being honest it is true and it's great for hockey!In the 1950's 93.5% of NHL players were from Canada, today its 41% with hundreds more roster spots available. 7 NHL teams have more American players than Canadian and another 12 have a 1 player difference from equal representation of the 2 countries on the team. Unheard of even 2 decades ago!Hope they add Czechoslovakia and Russia and make this a yearly event. Hockey fans around the world need this and the game will continue to grow.
5- Real El
Ontario 'ripping up' $100 million deal with Elon Musk's Starlink in response to U.S. tariffs
11I would add that Doug Ford is sacrificing these remote communities to appease the voters of the GTA for his unwanted election.He is playing numbers and the small percentage of voters in these remote communities, who generally dont elect PC in there regions, will suffer with no viable back up plan.This is not the win people think it is.
1- Real El
WATCH: Trump to announce so-called 'Liberation Day' tariffs
5Trump Atlantic City was sold by Trump in early 2000's and was only under a name licensing agreement afterwards. In fact he sued to have his name removed as the new owners ran it into the ground. Carl Ichan finally shut it down 7-8 years ago in bankruptcy. And the guy has over 500 corp entities with 23k employees. If a handful go bankrupt who cares.
4- Real El
TRILLIUM TALK: Charged-up Doug Ford determined to hit back at U.S.
4@rwrh I specifically was talking about refined fuels. Gasoline, diesel, jet fuels etc. 80% total of all Canadas daily RPP requirements are imported from the USA. You are talking nat gas & then started talking oil!NonIm not mistaken and the unfortunate part is you and 90% don't know our fuels are returned to us in RPP from that 4.4m b/d average Canada exports to the USA.Do the math. We import 333million barrels of RPP a year from the USA. That's just over 717 million barrels of oil for the USA to refine just for us to buy back to run the country. I'm not mistaken.
5- Real El
WATCH: Trump to announce so-called 'Liberation Day' tariffs
6there was info on canada & mexico
1- Real El
Ontario slaps 25 per cent surcharge on electricity to U.S., warns it could go higher
2Ive lived multi decades in both. If you compare Canada to California yes the cost of living is equal. But not all states are the same. Net Net take Ontario, all taxes provincial, federal, municipal. including sales, employment, carbon, EI, CPP and compare to any state outside of NY, or California and account for all taxes, health ins etc and there is a big difference in cost of living. You are talking $10's of thousands for a family. And then there is the initial cost of housing which is not even close. As for those quoting USA medical BK rates. BK filing requires multiple reasons, as does Canada. They overlap. As Can does not have medical bills it is not an option. However both Canada and USA have loss of income due to illness which is equal in % of BK filings in both countries.BK due to "medical bills" is simply an available option in the USA for BK filings. The exact amount of BK due to all medical reasons is equal between both countries +/-4% yearly for decades.
5- Real El
White House says Trump dropping plan to double steel, aluminum tariffs
3Everyone blaming Trump and nobody blaming our own government for the last 60 years of complacency being satisfied watching the supply chain head south and overseas to China. Now our business climate is uninvestable without billions in subsidies. Canada is in a no win situation, an afterthought on the world's stage and its our own fault. We can't even get the ring of fire producing since the plan was created 17 years ago because our own self created roadblocks.Now everyone has been talking tough with rah rah rah Canada yet this was telegraphed pre USA election and nobody in our governments have yet to come up with a plan.Sit back, buckle up and enjoy the slide.
3- Real El
Ontario home prices mark 16th month of stability
SooToday 4Anyone under 40 that dosnt own won't ever own unless they inherent. This is so sad what has happened to home prices. Absolutely insanity.
1- Real El
POLL: Readers evenly split on Canada joining the EU
1@rwrh at no point did I bring up landmass, population intra Brics trade or PPP, I specifically spoke about USD dollar dominance, demand and the USD denominated debit both recorded and unrecorded worldwide. This USD debt is astronomical both governmental and corporate overseas and they require USD to pay USD debt. Hard to pay bills (commodities are all in USD as example) when your home currency has lost 10% or more value in last year alone and ur only taking in 3.5% on a 10yr USD bond. Some at .05% heading into 2030Hence why governments are in a massive USD shortfall and only buying half of what they are rolling out of and the Fed &Treasury is able to pull liquidity thus creating more demand for USD overseas.Has nothing to do with population, landmass or GDP (PPP)Hence my comments on MMT and banking economics education.
3- Real El
Trump confirms 25% tariffs on Canadian goods start tomorrow
2@ KevinSooYou are quoting the final refined petro product (RPP) being 429,000 barrels a day (2023 stat)I specifically quoted RPP in gallons!Both your number of RPP and mine equate to over 8 million barrels in RAW OIL BEFORE being refined into RPPFUEL comes from refined oil!Which means we import 2x what we export.We export 4.4 million barrels of oil a day to the USA. We Import the RAW equivalent of over 8 million barrels of oil via RPP.So no I didn't overstate it by 20x.
1- Real El
