With Oil Industry In Crisis & GM Leaving Oshawa, Trudeau’s Trade Triumphalism Looks Incredibly Foolish
If all these deals Trudeau is signing are such big ‘wins’ for Canada, why are things going so badly?
Justin Trudeau and the Liberal government have often taken a triumphalist tone when it comes to trade.They’ve boasted of all the trade deals they supposedly closed, and touted the NAFTA replacement USMCA as a big ‘win’ for Canada.
Yet, that so-called ‘win’ clearly didn’t include anything that would help two of Canada’s largest industries – the oil industry and the auto sector.
The oil industry is getting the worst of it, being absolutely shredded by a massive price differential and being held back further by destructive regulations.
And now the auto sector is struggling, with GM leaving Oshawa and closing 4 factories in the US, while maintaining all their production in Mexico – even though the USMCA was supposed to help Canada and the US stop the bleeding of auto sector jobs to Mexico and other countries like China.
How can a trade deal be a ‘win’ if it does absolutely nothing to help the country?
Trudeau’s trade triumphalism, like all of his rhetoric, has been revealed as empty, deceptive, and without substance.
Canada isn’t getting ‘wins’ on trade. We’re being handed loss after loss, as companies leave the country, jobs are lost to foreign competitors, and our homegrown industries struggle to just stay alive.
How many more of those Trudeau ‘wins’ can this nation take?Spencer Fernando
Photo – YouTube
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