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SvennoJ on 20 January 2017
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barneystinson69 said:
SvennoJ said:

I'm no expert on trade deals, yet claiming it's a oneway street doesn't fly with me. How can the trade deal between USA and Canada decimate both our economies... Canada invested too much in tar sands thinking peak oil had already been reached.

But he's right in one thing, if you want to support your own economy, buy local. Yet what is he going to do so people can afford to buy locally made products. Simply making foreign made products more expensive isn't going to make locally made goods more competitive. It's funny, what he wants is basically the same as raising tax. Buy local, hire local, or pay more, and thus generate more tax. It leads to the same effect, reduce your addictive consumer lifestyle and lower purchasing power. We'll see if protectionism can work this time.

Well thats hard when almost all manufacturing goods are made in foreign countries. Wasn't the case before NAFTA.

Manufacturing jobs were getting outsourced regardless. And it seems NAFTA was actually beneficial to Canada

http://news.nationalpost.com/news/canada/reality-check-canada-has-no-appetite-to-scrap-trade-despite-nafta-poll
The U.S. sees a modest, but positive, impact from NAFTA, most think-tanks agree. Some debate whether the deal has stymied Mexico’s growth. Canada is generally seen as a winner.
Mexico seems to be the one who should be complaining.

A special report from BMO Capital Markets last week shows Canada’s total trade within NAFTA went from $239 billion in 1994 to $567 billion in 2015. Concurrently, unemployment went from 10.4 per cent to 6.9 per cent.

The Council of Canadians blames NAFTA for the loss of about half a million jobs. But the U.S.-based Council on Foreign Relations estimates job gains in Canada at 4.7 million since NAFTA’s entrance.

Doesn't seem bad for the US either
http://www.cfr.org/trade/naftas-economic-impact/p15790

Oh well, blame Nafta. The economy is changing, trying to turn the clock back 30 years isn't going to help. And those manufacturing jobs will mostly be done by robots when brought back. Great for people that work in robotics :)