shockedcanadian
Diamond Member
- Aug 6, 2012
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Organizations have self interests. Some people may say "tariffs are bad", but do they also at the same time believe that enacting heavy laws and even seizing a company is fair game?
Read below. I am simply a Messenger providing as much detail as I can. The Police State has hurt our economy perhaps irreparably and it has placed us in a position where we don't have the innovation and economic leverage we should have as an advanced economy.
Trump in particular is well informed on these trade issues, decades ahead of his peers if we are being honest (hey, I was on-board at around 2003, not too bad right?) His administration is well informed now which makes it a difficult situation for nations of the world who try and operate with sleight of hand.
There are many people who have wrongfully pointed their arrows at the United States. I was never one of them even as I heard the vitriol against the U.S. In fact, I loudly defended America as our ally and a nation we should look more to emulate in some instances that which would be positive for society and our economy (civil liberties, capitalism, libertarianism).
We didn't have to be America, we just needed to be comparable in promoting individual rights over state powers.
Now, we lose more jobs overseas and the good paying jobs being moved, which definitely hurt our citizens and economy; may never return. They should have been more aggressive at the time when Trump was fighting the good fight in his opinion long before he became a politician.
www.thestar.com
The federal government has an even more powerful trade-war weapon than counter-tariffs at its disposal and should begin using it immediately, says Canada’s biggest private sector union.
In a letter to Prime Minister Mark Carney being sent Tuesday and provided to the Star, Unifor national president Lana Payne urges Carney and his government to use the Foreign Extraterritorial Measures Act to penalize companies that shift production out of Canada to avoid tariffs imposed by U.S. president Donald Trump.
The act gives the attorney general — in conjunction with the foreign affairs minister — the power to issue orders barring companies and individuals from complying with foreign laws and policies which have the potential to “adversely affect Canadian interests in relation to international trade or commerce.”
The act allows a maximum penalty of $1.5 million for companies, and $150,000 plus five years in prison for individuals.
While counter-tariffs have been a necessary and effective measure to fight the trade war, said Payne, the urgency is growing as companies shift production and shed jobs.
“As tariffs persist, and threats of layoff and plant closures mount, further aggressive and defensive action must be taken to solidify Canada’s industrial economy,” Payne wrote in her letter to Carney.
“I urge your government to take immediate and decisive action using the Foreign Extraterritorial Measures Act (FEMA), to prevent corporations operating in Canada, from offshoring jobs in response to foreign trade policies — particularly those originating from the United States.”
Unifor is also calling for stronger penalties, including asset seizures for companies that violate orders issued under FEMA, as well as compliance with FEMA orders, to be a condition for any company seeking relief from Canada’s own retaliatory tariffs.
Read below. I am simply a Messenger providing as much detail as I can. The Police State has hurt our economy perhaps irreparably and it has placed us in a position where we don't have the innovation and economic leverage we should have as an advanced economy.
Trump in particular is well informed on these trade issues, decades ahead of his peers if we are being honest (hey, I was on-board at around 2003, not too bad right?) His administration is well informed now which makes it a difficult situation for nations of the world who try and operate with sleight of hand.
There are many people who have wrongfully pointed their arrows at the United States. I was never one of them even as I heard the vitriol against the U.S. In fact, I loudly defended America as our ally and a nation we should look more to emulate in some instances that which would be positive for society and our economy (civil liberties, capitalism, libertarianism).
We didn't have to be America, we just needed to be comparable in promoting individual rights over state powers.
Now, we lose more jobs overseas and the good paying jobs being moved, which definitely hurt our citizens and economy; may never return. They should have been more aggressive at the time when Trump was fighting the good fight in his opinion long before he became a politician.
Feds should penalize companies that move production outside of Canada: Unifor
Unifor tells Prime Minister Mark Carney the federal government should punish companies that shift production out of Canada to avoid U.S. tariffs.
www.thestar.com
The federal government has an even more powerful trade-war weapon than counter-tariffs at its disposal and should begin using it immediately, says Canada’s biggest private sector union.
In a letter to Prime Minister Mark Carney being sent Tuesday and provided to the Star, Unifor national president Lana Payne urges Carney and his government to use the Foreign Extraterritorial Measures Act to penalize companies that shift production out of Canada to avoid tariffs imposed by U.S. president Donald Trump.
The act gives the attorney general — in conjunction with the foreign affairs minister — the power to issue orders barring companies and individuals from complying with foreign laws and policies which have the potential to “adversely affect Canadian interests in relation to international trade or commerce.”
The act allows a maximum penalty of $1.5 million for companies, and $150,000 plus five years in prison for individuals.
While counter-tariffs have been a necessary and effective measure to fight the trade war, said Payne, the urgency is growing as companies shift production and shed jobs.
“As tariffs persist, and threats of layoff and plant closures mount, further aggressive and defensive action must be taken to solidify Canada’s industrial economy,” Payne wrote in her letter to Carney.
“I urge your government to take immediate and decisive action using the Foreign Extraterritorial Measures Act (FEMA), to prevent corporations operating in Canada, from offshoring jobs in response to foreign trade policies — particularly those originating from the United States.”
Unifor is also calling for stronger penalties, including asset seizures for companies that violate orders issued under FEMA, as well as compliance with FEMA orders, to be a condition for any company seeking relief from Canada’s own retaliatory tariffs.
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