No surprise as to what happened in Canola market today.
Trudeau has been chirping about protecting the economy and good paying Canadian jobs in his rebuke to the SNC scandal. Now I need to refresh my Canadian history as to where the boundary was between Upper and Lower Canada. Looks like JT is only worried about good paying jobs for his corrupt buddies in Lower Canada. Heck MB, SK, AB, BC aren't even part of Canada according to the map I looked at. We are in RupertsLand. No wonder JT not worried about us. We are in a different country.
If he was truly worried about the economy and good jobs the Trans Mountain pipeline and the Energy East pipelines would be a done deal. More jobs and $ at stake in Alberta alone than all of SNC put together. And thats not factoring in all the taxes and royalties Ottawa would be collecting.
As far as the China debacle goes if the Feds were smart this all could have been avoided if some thought and tact were used. China's response is no surprise.
The canola market took a hit today.
My math based on total canola crop.
21,300,000 MT x -$2.90 / MT drop = $ 61,770,000 hit to canola market today only.
Now lets compare SNC.
Approx est 9000 CDN employees x 8 hr/day x $ 30 / HR = $ 2,160,000 daily wages.
I can't comment on how many bribe $$$ at stake in Canada. Have no idea how many pigs at the trough collecting on this one!
I guess in comparison to canola SNC is small potatoes. Could even call it collateral damage.
Maybe because we don't have to pay out bribes to give away our oil and canola we aren't entitled to help and special treatment from Ottawa!!
Maybe we need to lobby for compensation on the canola market.
When feds put tariffs on steel, aluminum and other products they promissed some help to affected industries.
Heck even the Canadian media got something like $590 million to help out in tough times!! Conveniently a year before an election to encourage favorable news coverage no doubt??????
It's not all bad. Look on the bright side. WE ARE A RULE OF LAW COUNTRY !!!
More like ; WE ARE A DISFUNCTIONAL COUNTRY !!!!