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Re: Canadian Economy Halts GDP Growth Drops to 0.1 Percent, and No-One Is Talking About Why  

By: Zimbler0 in POPE 5 | Recommend this post (2)
Sun, 03 Mar 19 8:20 PM | 28 view(s)
Boardmark this board | Pope 5 		Msg. 26753 of 62138
(This msg. is a reply to 26732 by capt_nemo)
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Through a process of building, assembling or partially manufacturing their products in Mexico/Canada those foreign corporations could skirt U.S. trade tariffs and direct U.S. trade agreements. The finished foreign products entered the U.S. under NAFTA rules.

Why deal with the U.S. when you can just deal with Mexico, and use NAFTA rules to ship your product directly into the U.S. market?

This exploitative approach, a backdoor to the U.S. market, was the primary reason for massive foreign investment in Canada and Mexico; it was also the primary reason why candidate Donald Trump, now President Donald Trump, wanted to shut down that loophole and renegotiate NAFTA.
>>>


AS the above snippet points out . . .
Canada and Mexico were abusing NAFTA to America's detriment.
Electing Donald Trump to the Presidency is one of the best
things We The People have done in a long time.

Zim.




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The above is a reply to the following message:
Canadian Economy Halts – GDP Growth Drops to 0.1 Percent, and No-One Is Talking About Why…
By: capt_nemo in POPE 5
Sun, 03 Mar 19 11:08 AM 		Msg. 26732 of 62138

The Canadian government shocked the professional financial and economic media with their latest fourth quarter GDP release showing the economy has essentially come to a grinding halt at 0.1% growth. [Compare to U.S. GDP growth of 3%]

The Canadian Q4 GDP growth isn’t one percent, it’s one-tenth of one percent: 0.1%, essentially halted; but everyone discussing this is missing something very important.

First, The Financial Post headline:

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[FP] Canada’s economy practically came to a halt in the final three months of 2018, in a much deeper-than-expected slowdown that brings the underlying strength of the expansion into doubt.

The country’s economy grew by just 0.1 per cent in the fourth quarter, for an annualized pace of 0.4 per cent, Statistics Canada said Friday from Ottawa. That’s the worst quarterly performance in two and a half years, down from annualized 2 per cent in the third quarter and well below economist expectations for a 1 per cent annualized increase.

Continue reading →

http://theconservativetreehouse.com/2019/03/02/canadian-economy-halts-gdp-growth-drops-to-0-1-percent-and-no-one-is-talking-about-why/

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