RE:tariffs Snowey wrote: I know there is a bit of worry about tariffs with the new US government, and the effect it will have on Bombardier. I don’t think it will be drastic. Presidient Trump likes Canada. His focus for tariffs is towards China and Mexico.
I think the US will attract a lot more investment. We are lucky to be next door to such a large economic power. For example, President Trump will approve the Keystone pipeline, which will be good for Alberta and Canada.
As for Canada itself, under the present government between 2016 to 2022 Canada has lost $225B in foreign investment. More direct investment has left the country. I remember Germany and then Japan looking to import natural gas from Canada and the PM said no, I don’t see the business case.
He continues to hurt as many people as possible. We need political change here ASAP.
Good luck to all
Snowey
as for tariffs, Pollieve spoke about them yesterday https://www.youtube.com/watch?si=HKyYq8y81rBPyMgL&v=ZM2tF5CF8cU&feature=youtu.be
As I have said previously I am not expert on USMCA, but I don't believe Trump can just slap a 10% tariff on Canada as my understand pretty much everything (except softwood) is protected.
Ultimately Trump is too dump to understand that the consumer will pay the tariff in the end. I really don't see a case for tariffs on business jets and even if there was there are lots of different avenues to evade a tariff if someone bought a BBD jet, all extremely easy
No case Trudeau will go, its just a matter of when, max is 11 months, but I am not hoping for a Spring vote of non confidence on the budget. Canada will be strong under a Conservative majority government and also to fight Trump
I did look into investing in TRP, owner of Keystone XL, but I felt the stock was pretty much at fair value, since there is a high likelyhood Trump will green light that on his first day.