Unfortunately due to the trade barriers we have between provinces it’s unlikely that it would be replaced by local consumption. In fact even if there were no trade barriers in Canada it would be tough but the way things are there’s no chance.

This was something carney talked about during the election and promised he would work on, he held one meeting with the provinces to see about coming to an agreement and then he just abandoned it. If he had spent as much time working with the provinces as he has with other countries we would probably be further ahead

The government has done nothing to move projects forward unfortunately. The closest that come is this supposed pipeline project but they’re now talking about using government money which completely defeats the purpose. We can’t borrow enough money to support an economy, sooner or later that leads to a collapse

Unless something radically changes in the near future as far as our direction we will face severe economic hardship and it will be extremely difficult to recover. We are not building maybe bill as he promised, we have not eliminated into provincial trade is he suggested, and our businesses are fleeing to the states along with our investment, I think we’re into our 6th street quarter of business investment loss in Canada having already completed five? That predates Trump and we can’t be losing business investment like that

We’re in real trouble. It’s not short-term trouble our infrastructure for providing economic growth is eroding at an enormous rate and it is insanely hard to replace that once it’s gone

Reading the comments I don’t think people understand what’s involved here.

The companies are moving to the states because that’s where the majority of their customers are. Which means it’s not viable for them to stay in Canada and only sell to Canadian markets.

Which means nobody’s going to be replacing these businesses. We’re talking about hundreds of thousands of jobs that will be lost with no replacement.

The state can’t nationalize them, the workers can’t take them over, they’re just not viable as businesses anymore.

And all those businesses and all the people that work for those businesses pay taxes. Which means we’re going to have less and less money to provide services the people who are poor etc

This isn’t about giving states our money, this is about us not having any money anymore. I think people need to wake up to the reality of how serious this is

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The beings are finite but the wealth is not. I don’t know how to explain this more simply. If you fall into the ocean there’s only so much water you can drink so your ability is finite but from a practical point of view the water is infant.

This is extremely simple, the point is the limit is the person not the wealth

And no I’m just trying to find a way to explain it to you that will make it easier for you to get your head around. Honestly I’ve never had this kind of trouble explaining this concept to someone. My mother gets this.

Bottom line is that your lack of wealth is not because somebody else is hoarding wealth.

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No it’s not, god it’s like talking to A four-year-old.

The wealth is infinite. There can’t be a shortage of it. Our capacity can be limited. Therefore when we’re talking about the real world that we live in it is dumb to talk about wealth as if there’s a shortage and it makes sense to discuss capacity to create wealth.

Can you just not smart enough to have this conversation I’m sorry. I’m trying my best here but you keep making statements that are absolutely asinine because you have fallen in love with this idea that somehow there’s this limited supply of wealth out there and someone’s hoarding it and that’s why you don’t have any. That’s just not how it works

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That’s basic economics. Had you gone to a real school to study this stuff you might have realized it. Wealth is infinite, our capacity to generate it is limited. Your comment is no different than if somebody were to say there is a finite amount of kinetic energy in the universe. That’s just not how it works

I know the wealthy aren’t taking any resources from the rest of us. Wealthier in a position where they can create wealth at a higher and more effective rate. But interestingly enough that wealth creation actually benefits us and we make more than we would have as a result of it, not less

I’m afraid if you’re poor it’s your own damn fault you can’t blame it on anyone else. You have every bit as much of potential to increase your wealth and become extremely wealthy as anyone else and if that was your primary focus in life you could certainly do that. While it takes a lot of work it’s not terribly hard.

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You have a fundamentally flawed view of what wealth is. Well isn’t a thing. It’s not like there’s a limited amount of wealthonium in the world and whoever holds it gets it and nobody else does. That’s not how it works.

Wealth is created through activity. Without the activity there is no wealth. Therefore the supply of wealth is endless, the problems usually come with limits or issues with the activity

So no, increasing wealth inequity is not the issue. The issue is that people are struggling harder and harder to be able to do enough activity that’s worth enough value to be able to get what they want. That’s true whether there are wealthy people or not

So the underlying issue is that the middle class and poor class aren’t able to create enough wealth to meet their needs and that has nothing to do with the wealthy. You don’t address that by worrying about what the wealthier doing, you address that by creating more opportunity for the middle class and the poor. And funny enough to do that you need the help of the wealthy which they are more than happy to give if they feel that it will be successful

Right now the tax burden and other burdens on the middle class prevent any disposable income or time that would allow for them to increase the value of their skills or begin to acquire assets and that is the problem. The wealthy are not excited about starting new businesses or educational opportunities that would fix this because they see the country as failing

And no reactionary politics does not follow from financial systems in the slightest.

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I didn’t say whether or not it was a success I said it proved me right. Wealth inequality is something that people that don’t understand how money works talk about. Whether or not someone else is richer than you has nothing to do with how rich you are. It’s not a measure that has any particular value. Reactionary politics has nothing to do with our financial system that’s something else.

And most of that is a product of the last 12 years or so. And much of that problem was created by an imbalance between the growth of our population and our lack of ability to supply the needs of that population. As I have already pointed out with regards to housing, medicine, education, etc.

And that becomes a cycle or death spiral where are inability to supply leads to inflationary pressure and low wages which leads to our inability to supply etc

So bringing in low-wage people in any way shape or form make the economy stronger. At best it can mask weaknesses and cover them up for a short time until they kind of blow up in your face.

Ation what? That was like four short paragraphs how is that too long… ohhhhh I forgot. You’re a left winger😏😏

I’ll keep it simple. If you do something that you don’t get to complain when somebody else does. Other than that the conversation gets way over your head it’s hard for me to translate Down to your level so we’ll have to leave it there

Is that okay? Some of those words were pretty big, let me know if you need me to explain them

The last 40 years proves I’m right even more 😆😆😆

Sorry kid. Try reading a book instead of getting her education from Facebook. Demand exist in every economic model, capitalism addresses the supply sideit is that effort that makes things work. The ability to create products and services including ones that didn’t even exist before which creates new demand is what drives us. Demand is not what drives us immigrants don’t produce the supply necessary to meet the demand and that creates inflation and weakens the economy

Yes and no. It is a tool that must be wielded like a scalpel and not a hammer.

If done perfectly right it can be a big benefit. But it is extremely easy to do it wrong. And the problem is even if you set it up right at the beginning it tends to take a life of its own on and go off the rails in a relatively short. Of time.

But in principle I agree with you that there are benefits. Not only does it reduce costs to our universities by providing income but more importantly it can make a lot of foreign nationals very comfortable with the idea of doing business in Canada and allow for connections chips that will further our ability to do business in those countries in the future

But it’s just so easy for it to go wrong and when it goes wrong we run into real problems