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There is a simple reason why our dollar slipped below $0.70US: Our leaders do not care about the financial well-being of Canadians. They prefer to scare away investment and discourage savings via high taxes and record deficits. They want to accommodate the heavily indebted, most who would benefit from bankruptcy, rather than reward savers for carrying the economy. Without savers, lenders would not have money to make loans and there would be far fewer successful domestic companies to invest in.
The world sees Trudeau as trying to make Canada a third world economy because that is exactly what he is doing. His climate extremism and wasteful spending is destroying our standard of living. What are outsiders supposed to think when Trudeau gifts hundreds of billions of dollars that we do not have to useless green investments and wars when he is responsible for the largest demand for charity in his own backyard outside of the Great Depression?
The longer Trudeau stays PM, more the risk grows that are our dollar will hit $0.68US this winter. Come the spring, and if he is still in power, the Loonie will fall to 65 cents. This alone lowers our national wealth and is another example of how Trudeau is trying to destroy the middle class. A government must always protect the currency and try to make it move higher. On the international front a strong and stable currency attracts long-term investment and domestically is slows inflation which accommodates lower interest rates. Both increase the purchasing power of the consumer.
Trudeau should have spent his first day in office continuing Harpers’ habit of organizing meetings between Canadian businesspeople (rather than his MP’s)and their counterparts in Asia, South America and Africa. Getting trade pacts means less reliance on the Americans and lowers the risk of tariffs. This practice proved to be successful for Canada which the stronger Loonie under the Harper leadership proved.
On a recent trip to Laos, Trudeau proposed a trade pact with Asian leaders. Not one country took up the offer because like Trump, nobody trusts him. Trudeau turned down offers from three allies to buy our natural gas. He told them all it did not make business sense for them to buy our natural gas. As a result, Germany signed a multi-year contract with Qatar, a country where crooks and terrorists hide most of their wealth. Asian demand for our natural gas still exists but customers are waiting for the Liberals to leave. A Conservative government will attract whatever foreign investment left under Trudeau’s reign, plus some.
Canada must slice the government down from 38 cabinets to fewer than 20, saving billions of dollars. I saw on tv a Liberal cabinet minister state he did not know how many cabinets there were. Canada has one extra cabinet minister floating around doing nothing because most of the 38 cabinets hire consultants to do the jobs they were elected to do.
Trump knows our PM is a weak imbecile and he uses this to his advantage. Trudeau is afraid of Trump which is evident considering not once has he come to Canada’s defence. Trump is serious when he wants Canada to join the U.S., naturally with himself as President. America would benefit greatly from all our natural gas, oil, base & rare metals, our grains, and especially our water. Trudeau must be proactive rather than runaway, which is all he knows how to do.
The Liberals must be gone today, not tomorrow. Ottawa is wasting too much time worrying about the 25% tariffs which will most likely never occur because Congress will not allow it. Things may be tightened but our economies are too intertwined and the less free trade there is the worse off both economies will be. Fortunately, we have strong premiers in Ontario, Saskatchewan, and Alberta fighting for Canada to represent us while Trudeau hides. Let’s hope our next federal leader cares for Canada and wants our country to prosper. Canada must prove we can look after ourselves and concentrate on rebuilding the economy while ignoring the bully next door who is going to be 100% destructive for his country.
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