May 20, 2025
Canadian Tariffs
Timothy Birdnow
Canada's finance minister Francois-Philippe Champagne (I knew he was on the hard stuff) publicly commented that Canada still has 80% of the tariffs which they imposed to combat America in place despite a report claiming tariffs had essentially dropped to zero.
According to Bloomberg:
This is a fight Canada cannot win; our economy is ten times the size of our neighbors, and it is not hamstrung by the draconian regulations and taxes as is the Great White non-discriminate color North. Some Canadians understand this too. UBut the Canadians have a sense of pride about their country and do not want to knuckle-under to the U.S. because that would only confirm what everyone already knows - Canada is a subservient nation and only continues to exist because the U.S. is here to protect them. That hurts their pride so they have to take steps like this trade war to show they are not to be trifled with. But it's just a waste of time and money and in the end they will have to give in to America's demand for fair trade.
Ultimately they have only themselves to blame; they are the ones who imposed tariffs and trade restrictions in the first place in violation of the NAFTA/USMCA agreeements. Don't write a check you can't cash.
But why shouldn't they have done so? We had Bush, who was weak as water and loved internationalism, we had Obama, and we had Biden. None of them were going to ffight for American interests.
At any rate the war isn't over yet and won't be until Canada finds itself increasingly impoverished and with rising inflation. Eventually the Canadian People will demand a change. But it won't happen until they know they have been beaten. That is how all wars are ended.
Meanwhile we'll get our own supply of maple syrup and spruce and flapjacks from American forests thank you very much. Oh, and I'll drink Sierra Nevada or Sam Adams over Moosehead or Labatts any day of the week.
Somebody really needs to tell those Hosers that nifty red uniforms with silly hats may impress people who stay in-doors nine months of the year, but that is hardly the basis for believing you have a bad-ass military. I remember during the occupation of Afghanistan Canada threw a hissy fit because a few Canadian soldiers got killed in an errant bomb strike and it was the first time Canada had lost any troops since WWII. Yeah; real tough guys!
Canada pulled it's military out of the occupation. Seems to me when the going gets tough Canada turns tail and retreats to Tim Hortons for some doughnuts and hot chocolate.
Canada's finance minister Francois-Philippe Champagne (I knew he was on the hard stuff) publicly commented that Canada still has 80% of the tariffs which they imposed to combat America in place despite a report claiming tariffs had essentially dropped to zero.
According to Bloomberg:
Canada’s finance minister said the government kept 25% retaliatory tariffs on tens of billions of dollars in US goods, disputing a report from a research firm that suggested it had paused the vast majority of those levies.
Francois-Philippe Champagne said 70% of the counter-tariffs implemented by Canada in March are still in place, according to a social media post Saturday. The government "temporarily and publicly paused tariffs” on some items for health and public safety reasons, he said.
The 70% figure implies that Canada continues to charge tariffs on about C$42 billion ($30.1 billion) of US exports to Canada, excluding automobiles.
Champagne’s post is pushing back on a May 13 report from Oxford Economics. The note from economists Tony Stillo and Michael Davenport said recent government exemptions to tariffs covered so many categories of products that the result was a "nearly zero” increase in Canada’s tariff rate against the US.
Francois-Philippe Champagne said 70% of the counter-tariffs implemented by Canada in March are still in place, according to a social media post Saturday. The government "temporarily and publicly paused tariffs” on some items for health and public safety reasons, he said.
The 70% figure implies that Canada continues to charge tariffs on about C$42 billion ($30.1 billion) of US exports to Canada, excluding automobiles.
Champagne’s post is pushing back on a May 13 report from Oxford Economics. The note from economists Tony Stillo and Michael Davenport said recent government exemptions to tariffs covered so many categories of products that the result was a "nearly zero” increase in Canada’s tariff rate against the US.
This is a fight Canada cannot win; our economy is ten times the size of our neighbors, and it is not hamstrung by the draconian regulations and taxes as is the Great White non-discriminate color North. Some Canadians understand this too. UBut the Canadians have a sense of pride about their country and do not want to knuckle-under to the U.S. because that would only confirm what everyone already knows - Canada is a subservient nation and only continues to exist because the U.S. is here to protect them. That hurts their pride so they have to take steps like this trade war to show they are not to be trifled with. But it's just a waste of time and money and in the end they will have to give in to America's demand for fair trade.
Ultimately they have only themselves to blame; they are the ones who imposed tariffs and trade restrictions in the first place in violation of the NAFTA/USMCA agreeements. Don't write a check you can't cash.
But why shouldn't they have done so? We had Bush, who was weak as water and loved internationalism, we had Obama, and we had Biden. None of them were going to ffight for American interests.
At any rate the war isn't over yet and won't be until Canada finds itself increasingly impoverished and with rising inflation. Eventually the Canadian People will demand a change. But it won't happen until they know they have been beaten. That is how all wars are ended.
Meanwhile we'll get our own supply of maple syrup and spruce and flapjacks from American forests thank you very much. Oh, and I'll drink Sierra Nevada or Sam Adams over Moosehead or Labatts any day of the week.
Somebody really needs to tell those Hosers that nifty red uniforms with silly hats may impress people who stay in-doors nine months of the year, but that is hardly the basis for believing you have a bad-ass military. I remember during the occupation of Afghanistan Canada threw a hissy fit because a few Canadian soldiers got killed in an errant bomb strike and it was the first time Canada had lost any troops since WWII. Yeah; real tough guys!
Canada pulled it's military out of the occupation. Seems to me when the going gets tough Canada turns tail and retreats to Tim Hortons for some doughnuts and hot chocolate.
Posted by: Timothy Birdnow at
07:10 AM
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