What are goods originating in the United States ? | Page 3 | Your stories | Discussion forum

Some people's attitudes. Probably the same folks who don't vote because a single vote means nothing. Complacency is not the answer.

GIC-Fanatic said
What needs to be added to the list is.
Boycotting American businesses operating in Canada.

And I like the idea of removing all American liquor from the shelves. All…not red states only.  

The problem with tariffs is that they drive businesses to move investments and jobs south of the border. Boycotting Canadian subsidiaries of US businesses serves the exact same purpose. We want to encourage US businesses to stay and continue investing and employing people here.

RetirEd said
mordko: When foreign businesses invest here in Canada, they take the profits home with them.

For example: Don't use Uber. All the profits go to San Francisco, and an invasive and evil company that abuses drivers and bans passengers who don't tip enough. Uber got its start by ignoring and breaking taxi laws around the world. They just had infinite money and kept operating despite bans, actively detecting law enforcement and not answering their calls.  

Profits could also be reinvested locally. They could go to headquarters but only after being taxed in Canada. And the after tax portion that goes to headquarters can be paid out in the form of dividends to shareholders. Who could be Canadian, in which case the money ends up back in Canada.

Bottom line is that we need inflow of foreign investment and competition to prosper and to have our level of life improve over time. And that having US companies here is great, they should be encouraged.

Isolationism is stupid and counterproductive for everyone. Trump is a moron and mimicking him isn’t smart.

I don't get the tariff thing. We've got lots of people down in USA trying to convince them that tariffs are bad for them, for USA. Then we levy counter tariffs on goods coming into Canada - ?!

But I agree about keeping US companies here, seems to me wherever in the world there are few corporations operating the people are much poorer than we are.

Mordko: my post was in reference to the issue of avoiding US companies. I do not myself espouse economic nationalism, but that's the topic here. There's not a lot of large-scale Canadian investment in Canadian industry because the investment money seeks easier pickings abroad. So even our resource sectors are taken over by US, Chinese and other foreign investors.

Then government agencies try to pick up the slack with megaprojects that often go wrong because of political influences.

I don't have detailed information on who owns Uber shares, and whether they are publicly traded, though various parts of the outfit have been bought, sold ro spun off in transactions with other "tech" companies.

finance.yahoo.com/quote/UBER/holders/

..doesn't seem to show non-institutional shareholders, but many of the institutional ones are funds with myriad individuals invested.

Wikipedia and theregister document Uber's scofflaw and anti-competitive practises. See Wikipedia's section "Ignoring and evading local regulations." and other controversies.

But pretty much ALL taxi companies in North America are locally owned and taxed.

Bill: That's probably a chicken-and-egg thing; poorer countries are not very appealing to investors other than for asset-stripping of resources and labour.

usephrase: revoking Canadian citizenship is something rarely done save for fraud, or political expulsion as was used on labour activists in the thirties. Remember "a Canadian is a Canadian"?

RetirEd said
Mordko: my post was in reference to the issue of avoiding US companies. I do not myself espouse economic nationalism, but that's the topic here. There's not a lot of large-scale Canadian investment in Canadian industry because the investment money seeks easier pickings abroad. So even our resource sectors are taken over by US, Chinese and other foreign investors.

Then government agencies try to pick up the slack with megaprojects that often go wrong because of political influences.

I don't have detailed information on who owns Uber shares, and whether they are publicly traded, though various parts of the outfit have been bought, sold ro spun off in transactions with other "tech" companies.

finance.yahoo.com/quote/UBER/holders/

..doesn't seem to show non-institutional shareholders, but many of the institutional ones are funds with myriad individuals invested.

Wikipedia and theregister document Uber's scofflaw and anti-competitive practises. See Wikipedia's section "Ignoring and evading local regulations." and other controversies.

But pretty much ALL taxi companies in North America are locally owned and taxed.

Bill: That's probably a chicken-and-egg thing; poorer countries are not very appealing to investors other than for asset-stripping of resources and labour.

usephrase: revoking Canadian citizenship is something rarely done save for fraud, or political expulsion as was used on labour activists in the thirties. Remember "a Canadian is a Canadian"?  

It would be preferable for more Companies operating in Canada to be Canadian owned but whoever owns Companies, employment by Canadians is key with the expectation of fair and taxable wages/salaries/pensions. My understanding is that Uber fails miserably on that last point ...

Capital investment in a country is the only self-sustaining way to support jobs and generate GDP. Even government funded projects/infrastructure relies on the GDP generated by the private sector to pay the taxes required to fund such projects.

As such, governments constantly compete (need to compete) to attract capital via better economic terms (profit) than an alternative government. Canada in recent years has been woefully lacking in even understanding that metric. It has been too busy putting a wide range of obstacles in the way.

Corporations invest where they believe they have the best opportunity to optimize their return (profit), and they get that capital by debt borrowings AND equity through their shareholders, be they institutions or retail investors. As an example, why would I buy a share of a Canadian company that cannot give me as much of a return on investment as a share in, for example, a US company? Capital knows no boundaries.

usephrase said
Canadians firms urged to ‘think very carefully’ before shifting operations to U.S.  

Trump says he's moving forward with tariffs on Canada and Mexico next week    

Yes it looks like the tariffs are coming.

Is Mr.T losing respect worldwide and with in USA?
Will it be such a mess he will be scrambling to keep his head above water?
Will he have an unexpected death?
Does he really have full support of his party and followers?

Will Canada take measures to be less dependent of the USA.
Will Canada find other import and export markets?
Will Canada make it easier to trade inter provincially?

What does @usephrase plan to do?