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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: dvdw© who wrote (90783)	5/30/2012 8:09:14 PM
From: Cogito Ergo Sum	Read Replies (2) \| Respond to of 217709

What drew controversy were his oilsands comments.. Now he is trying to remove his foot from his ass... This scorched-earth approach to national unity took a truly bizarre turn last week. Here's what Mulcair said about the oilsands in Parliament: "We're allowing these companies to use the air, the soil and the water as an unlimited free dumping ground. Their model for development is Nigeria instead of Norway." torontosun.com "The Canadian dollar's being held artificially high, which is fine if you're going to Walt Disney World, (but) not so good if you want to sell your manufactured products to American clients," Mulcair said. He is really just whining about the high loonie ... Ontario loves to whine.. The easy road.. devalue your currency to beggar your neighbour.. Nothing new here.. Nothing innovative.. but I bet lots of subsidized industry.. The loonie rise is certainly partly from the oil issue but a bigger factor was Paul Martin balancing the federal budget.. We had a .65 cent dollar or as we called it then the Canadian peso.. and were on the road to perdition until Martin cut the crap out of the budget... and balanced it.. no more deficit.. but surplus... low loonie also means inflation at home.. I guess that escapes him... Not to mention the huge cheaper labour pool brought on by globalisation.. he is a goof, a shadow of the man that brought the NDP to this point.. I certainly concur with Mulcair that we should: "But Mulcair may be right about the age-old argument of that Canada must be something more than a hewer of wood and drawer of water. "We've got to learn how to add value here, to stop shipping raw logs, to stop shipping raw bitumen," he told the CBC" Who is stopping Ontario ? NIMBY ? no one seems to want refineries here.. or pipelines or shale gas.. just renewable energy.. Maybe he wants Ontario to go back to the days of glory .. His constituency is basically the east.. Not Albeta's fault that the world is awash in cheaper labour.. You can bet the NDP plan would involve taxing the crap out of the energy complex.. last time Alberta tried that it moved to Saskatchewan and BC... and of course subsidies.. lots of subsidies.. The west is floating the country right now.. It has never been that way before. it's a brave new world.. I live in the east BTW, Toronto. You know oil is printing lows not seen since last October.. Jet fuel is off 12%.. gasoline went up last night in Toronto.. Mulcair should maybe address that important issue..That's a hell of a tax on the public..aside from the tax and taxes on taxes angle itself..and the malfeasance at many levels perpetrating it..

To: dvdw© who wrote (90783)	5/31/2012 6:50:44 AM
From: elmatador	1 Recommendation Respond to of 217709

US has huge trade deficit with Canada. Canada can no longer ride US coat tails. US wants and needs to lower deficit with Canada. Will do it by importing less energy from Canada. Canada must find other importers for its energy. The average Canadian do not grasp that yet. Think they can live forever supplying materials to the US. That's why they are blocking ways to export energy Westwards. Canadians politicians must tell this to Canadians not wishing the CAD was cheaper.

To: dvdw© who wrote (90783)	5/31/2012 8:41:07 AM
From: elmatador	Respond to of 217709

As a small country Canada cannot, as Mulcair imply, be a growth-leading export country. Because it small. Large domestic market makes it more likely to obtain ‘growth-led exports’ rather than ‘export-led growth’, which implies a pro-active role in international relations. Source: The Geography of Brazilian External Trade: Right Option for a BRIC? Renato Baumann While Brazil was working to change the geography Canada was sleeping. Brazil fought hard in the WTO against protectionism, non-tariff barriers and agricultural subsidies and fostered creation of Mercosur. And I have been pointing this over the years. Brazil's pro-active role in international relations has been seen as the country wanting to be a world power when in fact it was a pragmatic strategy to ‘growth-led exports’. See UNCTAD XI OPENS WITH CALLS FOR A NEW TRADE GEOGRAPHY OF SOUTH-SOUTH TRADE. Brazil’s President Lula and the UN Secretary General Kofi Annan both talked about a “new trade geography” in which South-South trade would play a growing role. Brazilian currency appreciated as the terms of trade improved as commodities prices raised. Industry share of GDP dropped as economy opened up. And industry share of GDP will drop even further as service sector grow and the effect of oil, i.e., development of pre-salt. Oil was 5% of GDP and will reach 20% of GDP. If industry dropped as a share of GDP is not necessarily bad. Brazilian was the most closed economy out ot the USSR. Coddled industry practiced high price. Produced shoddy products and was always behind the other countries. The overvalued BRL applies pressure in the industry to modernize and improve efficiency. The Brazilian industrialists are not used to this. They prefer a cheap currency to export and the government protecting their sectors. Notice today the drive for Brazil to educate its work force which is a pre-condition for that.