The former parliamentary budget officer Kevin Page projects a contraction in the neighbourhood of the 2009 recession, somewhere between a 2 to 2.5 per cent drop in GDP, along with a ballooning national deficit and debt.
But there’s an even bigger story being re-written. It involves Canada’s place in the world after 90 years of increased tethering to the U.S. If Trump plows forward he’d be interrupting far more than a few decades of Canada-U.S. free trade; he’d be ending an era that stretches back even longer.
Canada and the United States have steadily built closer economic ties with each other since 1935, as they clawed out of an interminable depression.
These two leaders, Prime Minister Mackenzie King, left, and President Franklin D. Roosevelt, spent a year negotiating the removal of tariffs on hundreds of products during the Great Depression. It set the pattern for generations of trade opening. (National Archives of Canada)
Declaration of war on Canada, means having to make new friends. Ukraine is unlikely to be in a position to provide friendly assistance to Canada, and so not the best friend to have.
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Declaration of war on Canada, means having to make new friends. Ukraine is unlikely to be in a position to provide friendly assistance to Canada, and so not the best friend to have.
I’d rather die with my morals intact than survive by using others as stepping stones.
Right. We should avoid using Ukraine as a stepping stone to diminish Russia, with zero to gain, in addition to exposing demonic evil of our society.