Why did President Donald Trump start a trade war with Canada and other countries?
Peter Watson answers the million-dollar question about tariffs. Why has our neighbour started a trade war with Canada? The answer is simple: Money. The U.S. financial position is a mess. In round numbers, the U.S. spends $7 trillion per year, and revenues are only $5 trillion. The challenge for the U.S. is how to reduce […]
One American is Trying to Defeat Us
We will fight to protect our country, writes Peter Watson. I made a prediction…and I was wrong. My thought was our increasing and dangerously high debt levels both federally and provincially would eventually be the cause of Canada’s demise. I was not sure when that would happen but did think it was inevitable. That would […]
Trump’s Trade War Will Hurt Canadians
President Trump’s trade war against Canada could pose as a major financial risk, writes Peter Watson. Our former friendly ally to the south has attacked our financial stability. This is a fast-changing situation, but what is known is Trump wants to exert financial pain on Canadians by changing how trade between us operates. We cannot […]
Trade wars hurt consumers
While Prime Minister Justin Trudeau has made clear, “Americans remain our partners, our allies, our friends”, the recent tariffs on steel and aluminum imposed by the Trump administration has started to sour the Canada-US relationship. In the final days of May, the American administration, citing national security, effectively launched a trade war with Canada, Mexico […]
