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2025-06-12 17:55:55 UTC
in reply to

Eric Lawton on Nostr: When I moved to Canada in the 1970s, left-wing economists were earning of ...

When I moved to Canada in the 1970s, left-wing economists were earning of consequences of relying too much on trade with the USA, especially in extractive industries.

Even the Conservative premier of Alberta knew this and set up a Heritage Trust Fund to try to diversify Alberta's economy but it was gutted by his successors and turned into the Conservative Slush Fund.

Given the Alberta and now Saskatchewan siding with Trump, and the huge dependency we have on US trade, Carney is in a difficult position.

I think he sees the situation through the abstract lens of finance and not through the reality that we're in a war and need to fight.

We certainly can't continue shipping raw resources from mines to ports, to let other countries process them.

"Right of first refusal" is worse than "51st state" because we get no votes for legislature or POTUS, we just take orders.