Mexico is not the only country running scared after Trump withdrew from the TPP (Trans Pacific Pact). Now Canada is running scared too.
NAFTA, the pact from 1994 between the US, Canada and Mexico saw a jump of three times Canada's level of exports and you know where most of that went. Trump's man on a visit to Canada today, said the country had nothing to worry since the focus was elsewhere. Poor Mexico! But Canada continues to sweat and not without reason. It knows that when the three sit together to renegotiate the pact, Canada no matter what, will suffer, in the words of an official, "collateral damage". Serves the Canadian fat cats right. Ever since I came to Canada, I found it strange and off-kilter that most of the country's exports were to the USA. Even to stupid me, it made no sense to keep your eggs in one basket. The one that held your basket had you by the short and curlies. The fat cats in Canada's commodities corporations (oil, lumber, paper, and the like) never had it better. They put the resultant savings on transportation in their pockets in the form of stratospheric bonuses. They never even had to be nice to other consuming countries in the rest of the world asking them to buy what we had to sell. Now Trump is going to change all that. Canada is going to have to act like a chicken with its head cut off running all over the globe if Pretty Boy wants to come out unscathed. Roland Francis 416-453-3371
