Doug Ford, the king of Ontario, Canada announced that Ontario is going to levy a 25% tariff on the electricity sold to the United States.
If so, that will impact very-deep-Blue Minnesota and New York and blue Michigan more than it will impact other, less "Progressive" states. From an industry standpoint, the indoor cannabis plantations will be impacted more than the other industries.
What an odd way of thinking: "An enemy of my enemy is my....enemy?"
Commercial Real Estate in D.C.
I wonder how much electricity will be save when they turn out the lights on the buildings being vacated. Air-conditioning is a very-high electricity draw and Washington D.C. is almost unlivable without it, especially in large, commercial buildings.
We will be fine here at Casa ERJ. We have shade trees near the house and windows that open and close. Mrs ERJ and I are both healthy and heat-indexes up to 100F are not a big deal. We have a clothes-line and can mothball the clothes drier and I can take shorter showers when bathing.
It is Morontario, easily one of the stupidest places on earth, next to Queeeeeeebek! 😂👍 Ford, Morontario and Queerbec are hated by liberals AND conservatives in the rest of Canada. I just laugh when their cheerleaders and glee clubs start pep talking Team Canada fighting the evil Americans…
ReplyDelete“The enemy of my enemy is my enemy” is going on on your side too. Alberta has been taking pains to comply with American border security and is in your corner on arguments about shared defence costs and readiness… and we got hit with tariffs too. Danielle Smith is hopping mad.
The whole thing is going to devolve into a pointless bum fight if our leaders aren’t careful.
I looked at some of the tariffs Canada already had in place against US goods. Some of them kind of made sense.
DeleteThe tariffs against cut-up chicken was intended to protect small poultry producers and butcher shops from the industrial efficiencies of Perdue and Tyson and Hormel.
The tariffs against citrus baffles me. Does Canada have a citrus industry that they are trying to protect?
Trump really needs to clarify what this trade war is about and what he wants to gain from it. From our side, the trade imbalances appear to ebb and flow with the tides of the economy. We will run them sometimes, other times you guys will, and it more or less works out in the end. To focus on individual markets and commodities is to pick the fly chit out of the pepper. Real partners understand this and don't get bent out of shape over it.
DeleteI *think* Blumpf was telling the truth when he griped about the drug trade and Canada's role in it. Turdo and his liberals all use drugs and I will bet dollars to donuts they are funded by the Chinese and Mexican drug cartels. An attack on them will be an attack on themselves. I think Trump has a rock solid position on that and is on the right side of things. The biggest fentanyl lab in the world was found in BC. (Or at least, the biggest one so far). BC is the home away from home for the drug trade kingpins, and they come in on airplanes and get the red carpet treatment unlike your Mexican varieties that just walked across the border.
As for our military... we all know that liberals hate the military and legit servicemen. Ours have been gutting military budgets to fund pork and buy votes in Morontario and Keeeeebec, and pay off their cronies and bag men. At CFB Edmonton, obsolete tanks sit and rust because there is no fuel to put in them. It's been like that for decades and unlikely to change as long as liberals are in charge.
The problem right now is Trump is not spelling out in clear terms what he wants. Increased border security? Sure... how much, though? What level of defence spending does he want to see? Our economy is in ruins, our country is divided and we have serious fires on our plates too. What kind of deadline will work?
As it is Trump regularly trolled Turdo and 1/3 of the country believes that the only reason the Bad Orange Man is throwing up tariffs is because he is a big dink that hates our Fairy Princess.
Turdo got his walking papers yesterday and has been replaced by a clown named Mark Carney. We will see how that shakes out but I am not hopeful.
That's my take on things... but whadda I know?
Isn't a "tariff" something that is levied on an import, not an export ?
ReplyDeleteA tariff is imposed on the importing companies that wishes to sell in your country.
DeleteCanada has many tariffs already in place for years against the US at various levels.
ReplyDeleteI don't know about tariffs, but I know that Canadian provinces have more latitude than US states in many areas.
ReplyDeleteIn Canada, most items have both national and provincial sales tax - national items, like postage stamps, have only provincial sales tax on them.
In the 1990's, Quebec tried twice to succeed from Canada; I'm surprised that Alberta and Saskatchewan haven't at least publicly considered it since then.
Jonathan
Quebec is the California of Canada, only they speak French and are obnoxious about it. I see this as the first step of Trump re-setting international trade by reminding everyone of how skewed it is, to begin with. The foreign economies are betting heavily that Americans will assume that foreign trade exists without tariffs, now, not knowing that the opposite is true.
ReplyDeletePretty sure Vermont and large swaths of New England get their electric power from HydroQuebec, since they shut down the Vermont Yankee nuke plant.
ReplyDeleteIncentivizes the New England states to rebuild their power infrastructure. They never should have let themselves be beholden to another country. Heck, why even allow their grid be connected to ours?
They will have to leave the A/C on in DC, otherwise those buildings will form mold and mildew in a heartbeat.
ReplyDeleteYep - VERY difficult to remove once began. Expensive too.
DeleteIt is called "Salting the earth"
DeleteHa!
DeleteThis will not end well for Ontario. They import the majority of their natural gas and a bunch of petroleum/petrol products from the US, easy for Trump to add tariffs to that. "I'll see your tariffs on 15% of our electricity in some northern states and raise on 70% of your fuel."
ReplyDeleteUh, not really, in the east there are a number of refineries set up to accept crude oil from the world. Extra high Sulphur crude from Venezuela, among other places.
DeleteThe idea is to wait until the spot oil price drops and then buy at a bargain.
The longer a crude carrier hangs out in port the cheaper it's oil becomes. This was the biggest reason the east/west pipeline did not get built. It was in direct competition with the spot oils refineries (aka Trudeau's refinery). The Liberals and NDP in BC made sure the pipeline from Alberta to the coast did not get built. Purely for political reasons.
As for Natural Gas, Canada has offshore reservoirs. Canada is a exporting energy nation.
They also grow their own food, beef, pork wheat, canola, milk, chicken potatoes and hot house vegetables.
They have a safe and reliable source of rare and regular minerals including iron, uranium, potash, lithium, gold, copper and a whole host of other elements.
They have lumber in abundance. Trump says theyay the fees that USA does but that is untrue. They pay stumpage, income tax, timber permit costs and other fees.
The biggest reason USA is suffering is the stupid regulation put on ALL of it's industries. Get rid of those and them you will be able to compete with the world. When American dairy farmers stop being subsidized then milk prices will come down. Stop subsidizing farmers to not grow a crop??
By county, NYS is red except for NYC, the I-90 corridor and a few odd ball spots like Ithaca, the SF of NY and Essex Co. where all the rich folks from NYC, Montreal, Boston etc have their vacay homes.
ReplyDeleteDetroit is contiguous to Ontario. Maybe we could just trade it even, for Alberta.
ReplyDeleteWhat is happening with Gwain and Olivia?
Pretty much everyone can get by with much less electricity than normal if required. We are spoiled compared to my grandparents generation. They were happy to have lighting after dark.
ReplyDeleteI reckon a shut up building in fetid DC without climate control will become a haven for mold et al.
ReplyDeleteOops, only now do I see NFO's comment.
DeleteAnyway, double plus ungood.
First, it's clothes "dryrd" not "drier."
ReplyDeleteSecond, almost all of those DC buildings have unopenable windows.
Third, once the agency occupying those buildings has either been dismantled or shrunk and sent out to "flyover country" to operate, there is no need to retain the buildings; if left standing the next Democrat Congress will just refill them with fresh gummint drones; explosively implode them and haul the rubble out to see to build reefs for fish. The space where the buildings stood would make good small grassy parks for those few remaining federal workers to have lunch in.
Fourth, in many parts of the US air conditioning is practically a necessity - specifically, the southeast. Might it be time to institute an "BTU per square foot" measurement for housing? Emphatically, NOT as a "government mandated measurement" but builder- or seller-drive standard? We have "standard heating days," using 65F as the break point; referencing that, how many BTUs does it take to maintain 68F when the outside temp is below that and 78F when the outside temp is above that. Computed with local utility costs it would provide a relative "occupation energy cost" for purchasers. Eventually, actual performance efficiency might - and I emphasize "might" become a useful refernce.
The new PM needs to stop at the nearest Grade School and have a 6th grader explain what Tariffs are. Tatiffs are a tax countries add to the cost of Imports. The new PM in Canada is simply raising the rate/cost of an Export by 25%. Not a tariff. Another term is pric e gouging.
ReplyDelete