RE:RE:RE:RE:RE:RE:Trump and tariffsThanks for the research, I forgot. I have to Google some of these things sometimes.
You're right the original deal with the US and the US was signed in 1988, just for the two countries, and expanded to include Mexico in 1994. Sorry I'm just doing things by memory.
Btw Canada's first housing Inflation problems started in 1989,
with over Immigration from Hong Kong, and this time with the huge Immigration after the Covid period. This country has housing expension problems. But they never learn not to over-populate.
Forget the problems that NAFTA created. This country is run by incompetents.
Yes, I also understand that the supply chain had a lot more to do with Inflation from the Consummer products side this time, but the housing problem is the really expensive issue of inflation. This was also further exasperated by comsumer product inflation this time around. Plus the free money issue from QE. Btw, cheap housing in rural Saskatchewan is not in demand. Housing in populated urban cities is.
Letsmakemoredol wrote: 859, I wasn't that experienced when NAFTA came in and still really don't understand the history. Ultimately from what I saw (limited experience) it shared resources openly and recognized that the US and Canada were the worlds largest trading partners. Our supply chains were intertwined with the same part crossing over the border multiple times before it finally made it into the finished product. In addition it the US-Canada free trade agreement was signed January 2, 1988 by Reagan and Mulroney. Less than a year later Mulroney was re-elected in a massive landslide which to me indicates he was well liked and everyone supported the agreement. It was expanded to include Mexico and signed in 1992 and went into effect in 1994. Personally I have no problems with Mulroney.
RE was always cheap and the US has increased pretty much at the same rate as ours (apples to apples) of course. I don't think immigration caused the housing crisis, that was cheap money over covid and I've seen rents and housing prices increase rapidly on both sides of the border
As for anyone who wants cheap houses, they are still out there, plenty of them in Saskatchewan for 50-60k. Sorry you aren't getting them in downtown Vancouver or Toronto