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Trudeau wants to know “how to best proceed” on a possible free-trade agreement with China

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  • Aug 14th, 2017 11:16 am
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Trudeau wants to know “how to best proceed” on a possible free-trade agreement with China

The federal government has taken another step toward a free-trade agreement with China, officially launching three months of consultations that will help it determine “how to best proceed” with the possible deal.

The latest issue of the Canada Gazette announced a consultation process that will run until June 2, 2017.

from http://globalnews.ca/news/3288799/ottaw ... ith-china/
66 replies
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oh god... this is gonna end bad for canada...
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The problem with China seems to be that they expect countries they deal with to abide by agreements, laws and regulations but refuse to do so themselves. If they don't like something another country is doing they will use that countries court system to make them abide by it but try doing that in China. They also don't seem to abide by rulings of global courts or tribunals when they don't agree with the decisions. Not a good trading partner and not a country that seems trustworthy enough to give up any autonomy too.
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Sanyo wrote:
Mar 5th, 2017 9:01 pm
oh god... this is gonna end bad for canada...
According to Global Affairs Canada:

"China is Canada’s second-largest single-country trading partner and a key market for Canada in the Asia-Pacific region. In 2016, two-way merchandise trade amounted to $85.3 billion. Canada’s two-way foreign direct investment (FDI) relationship with China is also significant and reached $33.0 billion at the end of 2015. China is Canada’s largest source of international students and third largest source of tourists.

With a population of almost 1.4 billion, a GDP of C$14.8 trillion in 2016, and a forecasted average annual economic growth rate of around 5.4% over the next 15 years, China and the Chinese market present opportunities for Canadian companies in a wide variety of sectors. China’s ongoing transition to a more service-oriented, consumer-based economy and its growing middle class have created demand for quality agricultural and agri-food products, advanced manufacturing, reliable sources of energy, financial and professional services, and innovative technologies and service solutions.

A potential free trade agreement with China could result in economic gains for Canada by creating opportunities for Canadian firms, including small and medium-sized enterprises, that are looking to grow their business in international markets and by improving market access conditions for Canadian businesses operating in China. Canadian consumers may also benefit from a potential free trade agreement with China as a result of enhanced access to safe and affordable goods from China."


I don't see how increasing our exports of agricultural products like wheat and canola, forestry products like pulp and raw lumber, natural resources like nickel, iron ore and petroleum, fresh seafood, and engineering and technical expertise in such areas as hydroelectric power, nuclear reactors, and oil/gas pipelines would necessarily be to Canada's disadvantage.

We've traded in these for years, so with increased trade to make up for Trump protectionism, I don't see Canada being placed at a distinct disadvantage regardless of the "untrustworthiness" of our second largest trading partner.
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Hunter316 wrote:
Mar 5th, 2017 11:42 pm
Not a good trading partner and not a country that seems trustworthy enough to give up any autonomy too.
Thats propaganda. Stick with facts.

China is one of the US largest trading partners. China is EU's second I think. Almost all countries in asia trade with them. Where do you think your iphones come from?. They are a trading POWERHOUSE.

Ignoring them is not just silly its very irresponsible.
not a country that seems trustworthy enough to give up any autonomy too.
We are already doing that with the US. Face With Tears Of JoyFace With Tears Of JoyFace With Tears Of Joy. They are spying on us and we are their most loyal ally.
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kevindurant1 wrote:
Mar 8th, 2017 12:05 am

Ignoring them is not just silly its very irresponsible.
Who's talking about ignoring them? Smart people are advising Canada to be very, very careful signing on with China.

Common sense don't you think Kevin?
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poleman wrote:
Mar 8th, 2017 12:42 am
Who's talking about ignoring them? Smart people are advising Canada to be very, very careful signing on with China.

Common sense don't you think Kevin?
You have to be careful with every trade deal. Common sense dont you think poleman?. Face With Tears Of JoyFace With Tears Of JoyFace With Tears Of Joy
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I like the fact that Trudeau wants input from voters before changing things. But then again, it might suggest that he's not confident in his decision-making abilities. In the end, I'd like to think the first.

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t3359 wrote:
Mar 8th, 2017 1:24 am
I like the fact that Trudeau wants input from voters before changing things. But then again, it might suggest that he's not confident in his decision-making abilities. In the end, I'd like to think the first.

bjl
It suggest that he cares about canadians unlike Harper with TPP. He colluded with multiple countries in some secret ninja trade deal that canadians didnt know about until wikileaks leaked it.

This is the right way to do it. You LISTEN to people. Im sure the conservatives will trash him for talking to canadians before moving forward.
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kevindurant1 wrote:
Mar 8th, 2017 1:51 am
It suggest that he cares about canadians unlike Harper with TPP. He colluded with multiple countries in some secret ninja trade deal that canadians didnt know about until wikileaks leaked it.

This is the right way to do it. You LISTEN to people. Im sure the conservatives will trash him for talking to canadians before moving forward.
Well, let's see if he gets things done, or just talks.

bjl
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Hunter316 wrote:
Mar 5th, 2017 11:42 pm
The problem with China seems to be that they expect countries they deal with to abide by agreements, laws and regulations but refuse to do so themselves. If they don't like something another country is doing they will use that countries court system to make them abide by it but try doing that in China. They also don't seem to abide by rulings of global courts or tribunals when they don't agree with the decisions. Not a good trading partner and not a country that seems trustworthy enough to give up any autonomy too.
And this is the problem. I should also add that China frequently punishes nations that don't to the party line for their authoritarian BS.
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Canada China free trade must benefit Canadian ‘workers’, says new Beijing envoy
http://www.canadianbusiness.com/busines ... ing-envoy/

Canada’s Beijing-bound ambassador says the government will have to sell any possible Canada-China free trade to Canadian workers in order to overcome rising anti-trade sentiment.

John McCallum says he’s aware of the populist anger towards liberalized trade in the Western world.

While he’d like to see negotiations move forward, McCallum says Canadians will need to see tangible economic benefits _ new jobs, in particular.

McCallum cites tourism as a potential growth sector if Canada can attract even a fraction of the hundreds of millions of Chinese travellers that are estimated to be venturing abroad in the next five years.

His message echoes the hard-hitting speech Prime Minister Justin Trudeau delivered in Germany last month, telling business leaders to “get real” about the anxieties of workers who fear being left behind by globalization.

McCallum says the consultations the government launched last week will be a key step in determining a way forward on deepening Canada’s trade and economic relations with China in a way that is palatable to a large number of Canadians.

“The crucial point will be whether we can persuade the average Canadian or the average Canadian worker whether it’s good for him or her,” McCallum said in an interview this week.

“We have to understand there’s a certain anti-free trade sentiment across the Western world. We are among the few who are actively pursuing free trade, open borders.”

Continued...
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tk1000 wrote:
Mar 5th, 2017 8:38 pm
Trudeau wants to know “how to best proceed” on a possible free-trade agreement with China

The federal government has taken another step toward a free-trade agreement with China, officially launching three months of consultations that will help it determine “how to best proceed” with the possible deal.

The latest issue of the Canada Gazette announced a consultation process that will run until June 2, 2017.

from http://globalnews.ca/news/3288799/ottaw ... ith-china/
When you think that Trudeau Jr. has done something very stupid, he just come up with a stupidest plan that tops up his previous foolishness. /smh /facepalm
Hunter316 wrote:
Mar 5th, 2017 11:42 pm
The problem with China seems to be that they expect countries they deal with to abide by agreements, laws and regulations but refuse to do so themselves. If they don't like something another country is doing they will use that countries court system to make them abide by it but try doing that in China. They also don't seem to abide by rulings of global courts or tribunals when they don't agree with the decisions. Not a good trading partner and not a country that seems trustworthy enough to give up any autonomy too.
^This. Well said, Hunter.

Hopefully this Trudeau's project will get rejected by the opposition party/coalition or the general public (through media/press/etc). No sane country would sign a trade agreement with such a dishonest and abusive cheater as partner.
yare yare daze...
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Is this gonna ends up with more chinese ppl buying property here driving even higher price appreciations leaving locals priced out forever???

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