Canadian Economy Drops 31,000 Full-Time Jobs In May – Chrystia Freeland Lobbies Washington DC Ally Bob Corker…

Canada’s Foreign Affairs Minister Chrystia Freeland, the primary NAFTA negotiator, went to Washington DC today for a highly political ‘in-camera’ session with the U.S. Senate Committee on Foreign Relations. [Press briefing video at bottom]

The Chairman of the Foreign Relations Committee is Bob Corker, one of the largest recipients of corporate Wall Street lobbyist money in the senate.  Corker is the most staunch voice in opposition to President Trump’s trade reset policy.  The ranking democrat is Bob Menendez.  Together Corker and Menendez represent two of the most corrupt representatives in congress.  These are the allies Chrystia Freeland is counting on.

Freeland’s strategy, on behalf of Prime Minister Justin from Canada, is to leverage internal U.S. political opposition against President Trump’s NAFTA trade reset.  However, while Canada and Mexico fight against any new trade agreement that eliminates their economic exploitation model, the Canadian economy is already beginning to contract; and this is happening even before any substantive U.S. trade policies are in place:

(Via CBC) The economy lost 7,500 jobs in May as a drop in full-time employment was only partially offset by an increase in part-time jobs, Statistics Canada said Friday.

The overall drop in the number of jobs came as full-time jobs fell by 31,000, offset in part by a gain of 23,600 part-time positions.

[…] the only reason why the jobless number held steady was a dip in the labour force participation rate, which declined one tick to declined one tick to 65.3 per cent. Only Canadians who are actively looking for a employment are formally counted as unemployed.  (more)

In comparison the U.S. job market added over 223,000 jobs in the same month and the unemployment rate dropped to 3.8%.   Companies and private industry will not invest in either Canada or Mexico while the looming probability of a U.S. withdrawal from NAFTA remains.

Canada and Mexico are doubling down on their position that current NAFTA loopholes must remain in place allowing them to operate as pass-throughs to the U.S. market for foreign, mostly Asian, goods.

After the fiasco of the G7 summit, the likelihood of any agreement in terms between the U.S., Canada and Mexico is essentially nil. There are increasingly visible U.S. economic indicators that positive U.S. MAGAnomic results are overwhelming the voices of purchased political leaders trying to sell a narrative of doom around President Trump’s tariff proposals and reciprocal trade reset.

One key index is the U.S. stock market growth amid tariff, trade and NAFTA withdrawal discussion. As CTH has discussed the eventual trade outcome now appears baked into the latest market analysis.  This is the worst possible timing for Justin and Chrystia to be playing politics with the Canadian economy; but that’s exactly what their strategy appears to be committed to.  Amid this U.S. MAGAnomic environment, threats of counter-tariffs by Mexico, Canada and the EU are as useless as feathers in a hurricane.

The only thing missing is the official U.S. announcement withdrawing from NAFTA… But don’t worry, that announcement is coming.  Unfortunately for the politically-minded Justin Trudeau and Foreign Minister Chrystia Freeland what they don’t understand is that President Trump doesn’t care about their delicate sensibilities and blame-casting maneuvers. POTUS Trump was elected specifically because he doesn’t apply a political prism in front of economic or national security decisions.

Without radical transformation to remove the loopholes, NAFTA is dead, all three countries know it.  The aspect that both Canada and Mexico continue to ignore is that President Trump is in no rush to announce it.

President Trump is in no rush to announce withdrawal because the effects of withdrawal are already well underway. Investors are not going to invest in Canada and Mexico while the uncertainty of a U.S. NAFTA exit looms in the air.  The political positioning of the Canadian team is entirely framed around blame casting:

.

Chrystia from Canada continues pushing the ridiculously obtuse narrative that tariffs to protect the U.S. steel and aluminum industry represent President Trump saying Canadians are a national security threat to the U.S.

Canada doesn’t make much steel and aluminum for two reasons:

#1 because the environmentalists in Canada have killed off their heavy manufacturing industrial base. Which is exactly what President Trump is attempting to ensure doesn’t happen in the United States.

#2 because it’s just easier, and more lucrative, to structure the Canadian economy as a brokerage for the assembly of pre-manufactured Asian products prior to entering the U.S. market via the NAFTA loophole.  This economic model was designed by former Canadian and Mexican officials, who were well paid puppets to the plans of multinational corporations and financial interests.

It was a nice gig while it lasted; and both Canada and Mexico have had over 25 years to enjoy the construct.  However, President Trump is now resetting the entire agreement to benefit the interests of U.S. workers and Main Street USA.

RAW DATA:

.

Worlds Top Ten Steel Producers HERE

CNN analysis on Global Steel Production and Use HERE

World Steel Industry Statistics and Resources HERE

2018 pdf link on World Steel Production HERE

Do you remember the list of items the dynamic duo Justin Trudeau and Chrystia Freeland selected as targets for their counter-tariff position? Check it out here. What do: “felt pens”, “rubber boats”, “orange juice” and “tomato ketchup” have to do with the U.S. steel and aluminum tariffs?  See The Answer HERE.  It’s all politics.  Pure, politics.

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This entry was posted in ASEAN, Big Government, Big Stupid Government, Canada, China, Economy, Election 2018, Legislation, media bias, NAFTA, President Trump, Trade Deal, Typical Prog Behavior, Uncategorized, US dept of agriculture, US Treasury, USA. Bookmark the permalink.

521 Responses to Canadian Economy Drops 31,000 Full-Time Jobs In May – Chrystia Freeland Lobbies Washington DC Ally Bob Corker…

  1. vēritas quaestio says:

    Behind her “tough” talk, self assured affectations and unctuous moral lectures, Freeland is clearly very worried and desperate, as she should be, given her inept negotiating style.

    The same CBC network that supplied the video, made it appear to their mostly low information or liberal Canadian viewers that she was talking to the most influential and important Senators in the USA instead of long time anti Trump lame ducks. ie. “She was warmly received by a bipartisan Committee including many Republicans that made some of the strongest anti Trump remarks….Sen Flake commended Canada…”

    It’s an act of powerless desperation by an outmatched and out of place Freeland. Canada has had more effective and focused trade negotiators in the past like hot tempered Simon Reisman who stormed out of the original negotiations (as a tactic like somebody else we know) and said NAFTA is dead.

    This is a short archived clip of Reisman and the original 14 month NAFTA process from a Canadian perspective. At the time the 2 largest newspapers the Toronto Star and the Globe and Mail were on opposite bitter sides regarding NAFTA.

    http://www.cbc.ca/archives/entry/representing-canada-up-close-with-the-pugnacious-simon-reisman

    Liked by 3 people

    • Bob Thoms says:

      Good backgrt, ty.

      Like

    • GenEarly says:

      So True. Canadian ProgreSSive Socialists are as Delusional as those in the USA. ChamberPots like the departing Corker and Flake are not much different than DemocRats like Menendez and Booker on this Swampster Senate committee. At least the Repubs are beginning to Clean House which exposes the DemocRats all the more as the NWO Cabal extremists that they are.

      Liked by 2 people

      • Matt Musson says:

        Right now – Canada has a demographic with a large portion of 55 to 65 year olds. All these people saving for the future means low capital costs – and with prime earning years – high Tax income for the Govt. Low Cost of Capital and High Tax Revenue.

        Demographically, Canada is the Best it will ever be for these two factors.

        Over the next five years Canada will go into free fall because this demographic will retire en mass and cost of capital will skyrocket and tax revenues will drop dramatically.

        The Good Times will NOT last.

        Like

      • Critical Mass says:

        Chamber Pots – giggle, giggle.

        Like

  2. vēritas quaestio says:

    Chrystia Freeland did not leave Washington empty handed. “Foreign Policy Magazine” awarded her their “Diplomat of the Year” award for “her efforts in dealing with Donald Trump for 18 months.”

    This is an excellent archived clip from the CBC’s The National perspective , called “NAFTA deal reached in 1992.” It shows the main players on all sides and includes several predictions including how Mexico will be the big winner. It’s a 10 minute clip and the last 3 minutes focuses on the USA and Mexico perspectives and their players.

    http://www.cbc.ca/archives/entry/nafta-deal-reached-in-1992

    Liked by 2 people

  3. sDee says:

    Freeland’s desperate collusion with our Congressional turncoats is not in the interest of the Canada’s economy, industries, or workers. If it was, she could have reached a deal with Trump who would have been willing to work out a new balanced trade deal that was mutually beneficially to America and Canada.

    She, like most of our politicians and bureaucrats, acts on behalf of the globalists whose interests lie in the fatal weakening and transfer of America’s wealth, intellectual property, and manufacturing capability.

    Fat ticks, realizing their host is plucking them off.

    Liked by 7 people

    • Esperanza says:

      The proof to me is Canada losing jobs. Before it was the US losing jobs. NAFTA destroys jobs. Just pick your poison as to where. How about a situation where rising prosperity creates more jobs for everyone. A rising tide that floats all ships rather than a lock that dry docks one side or the other.

      This reminds me of q marriage where one side says this isn’t working for me, we need to change something where the other partner says nothing doing. Next stop can only be divorce.

      Liked by 1 person

    • Mickturn says:

      It’s more fun to give the ticks head the HOT treatment and watch them let go, then you step on them!

      Like

  4. ATheoK says:

    “Amid this U.S. MAGAnomic environment, threats of counter-tariffs by Mexico, Canada and the EU are as useless as feathers in a hurricane.

    The only thing missing is the official U.S. announcement withdrawing from NAFTA… But don’t worry, that announcement is coming.

    “Unfortunately for the politically-minded Justin Trudeau and Foreign Minister Chrystia Freeland what they don’t understand is that President Trump doesn’t care about their delicate sensibilities and blame-casting maneuvers.

    “Without radical transformation to remove the loopholes, NAFTA is dead, all three countries know it. The aspect that both Canada and Mexico continue to ignore is that President Trump is in no rush to announce it.

    President Trump is in no rush to announce withdrawal because the effects of withdrawal are already well underway.”

    That last sentence by Sundance is the true capper. POTUS Trump, unlike image conscious politicians is unconcerned about detritus remainders; unless that detritus leaves an easy path to restoration.
    NAFTA detritus remains until Congress, House and Senate, officially pass a bill to end NAFTA; a distraction to Trump’s agenda where progress means destruction of globalist abuses and USA parasitic dreams of progressive elite rule

    Don’t expect Trump to bother trying to officially end NAFTA. As far as Trump is concerned, NAFTA is now mulch for new trade deals.
    Deals that Freeland and Trudeau fear, because MAGA deals strike at the heart of globalist plans for all industrial power under Chinese domination; with the West positioned as pure consumers incapable of heavy industry.

    What would be ideal is that the next Speaker of the House and Senate Majority Leaders would be be representatives eager to commit Trump policies to Law and willing to address reducing legal detritus; such as daft treaties, ancient Executive Orders and just plain bad legislation. Such actions would bring leaps and bounds to reducing unnecessary regulations while minimizing a legal base for globalist intentions.
    But that is all dreaming, until energetic leaders achieve Speaker of the House or Senate Majority Leader. Descriptions that are 180° contrary to McConnell, Pelosi and Ryan skillsets.

    Liked by 1 person

  5. Bob Thoms says:

    Thank you Sundance. The data links are useful. I appreciate your level of primary research that backs up your analysis.

    Liked by 4 people

  6. DGC says:

    I realize that this comment may seem petty, but the picture of Chrystia Freeland with her entourage shows her in a very unflattering dress. Perhaps it’s because I see it as a metaphor of her immaturity and comparative inexperience? Rather than exuding an air of confidence and experience born from wisdom and deep knowledge, she appears to be nothing more than an adult child who borrowed her daughter’s dress to go to a bar. While appearance isn’t everything, it often is a visible reflection of how people think and what their priorities are.

    Like

    • 17CatsInTN says:

      Actually, that was the first thing I noticed too. She just looks frumpy, old and small. She doesn’t look like a seasoned, professional adult. I don’t like catty remarks either, but she is a walking advertisement for how not to look when engaged in international debate directly impacting your country’s economic survival and competitive abilities.

      Liked by 1 person

    • Amy2 says:

      Call me petty too! It was distracting. Looks like she’s trying to hard. If you want to be a player, you have to look like one. Dress for success!

      Like

    • yeh that outfit is a little bit “young” for her.

      Like

    • Please says:

      I noticed too. The weird thing is that this picture was put out on twitter by the ‘team’, so this is a ‘team approved’ image.

      Like

    • SHB says:

      Totally agree with you! As a woman who enjoys wearing a dress, the dress Freeland is wearing is too short and too tight, more suited to a bar night. However, I am sure anyone with the temerity to point this out to her directly would get a blistering earful about shaming her.

      Like

      • Alligator Gar says:

        Agreed. I would be the last one to disparage a female on looks. How she dresses is up to her, but I must say, this is not a flattering choice of dress to the lady at all.

        Ms. Freeland appears to be on the shorter side. She would, therefore, appear to need a little help standing out in the crowd while conducting business.

        Were I to be so bold, I would suggest she get help choosing a power dress to make her look taller and to give her more presence.

        Her dress choice fell flat in the power category.

        Like

    • jaycee says:

      the dress is totally inappropriate as business attire. it looks like they made her come into work while she was out partying at the club.

      Like

    • Kate says:

      DGC, I see a communist woman from the Russian Politboro , but the dress color is not drab enough.

      Like

  7. Mike diamond says:

    Justin=,the spoiled brat!

    Like

  8. Mickturn says:

    It is clear Canada is quickly running out of OUR MONEY!

    On the dress, short bulky women should not wear miniskirts…just sayin’!

    Like

  9. Jeff says:

    I grew up less than 30 minutes from the Canadian border. I spent a lot of time on the other side of the Detroit River.
    Parenthetically, I would stand on the Detroit side and look across and see nice parks, greenspaces, residential and quiet retail. I would stand on the Windsor side and look across and see factories and belching smokestacks and railroad marshaling yards.
    But I digress. I want America to win, no doubt about it, but I don’t necessarily want to crush our next door neighbors. Canada and Canadians are a decent country/people, even if they currently have inadequate leadership at the moment.

    Like

    • Alligator Gar says:

      ^^^THIS. My other half is Canadian. Half of my son’s heritage is north of the border. Even though I have not contact with his other parent and neither does he, there are no hard feelings, no hate, no rancor. People are people. It’s governments that suck.

      Liked by 1 person

  10. Wee2low says:

    Sorry I know this is a bit juvenile but to me that picture says it all. So you have Freeland trying her best to have the “I’m a killer” body language (shoulders back and super serious mad face) because she has to convince herself that she’s a winner because she knows she’s about to enter the ring with a real apex predator. Sadly everyone around her knows she’s in over her head (heck she probably even knows it). Then you have her beta male assistant who is male by design and we all know why. Then you have flock of seagulls and her diversity hire which I’d bet is her security detail (I thought security was supposed to deter would-be attackers). Lastly you have her “advisor” which is really an HRC/Huma Adedin type relationship (you know “advising” Freeland between the sheets). No wonder Canada has ask Congress if it’s ok if Canada has an economy.

    Like

  11. mutantbeast says:

    If you have young daughters maam Youd be advised to keep them away from the pervert Menedez.

    Like

  12. “#1 because the environmentalists in Canada have killed off their heavy manufacturing industrial base. Which is exactly what President Trump is attempting to ensure doesn’t happen in the United States.”

    But is the environment protection justified? Are we saving the planet despite killing manufacturing industrial base? Are we killing the planet by saving the manufacturing industrial base?

    Like

    • 17CatsInTN says:

      Don’t worry, we’re not really killing the planet. Maybe some temporary malfunctions that can be remedied, but that’s about it. God will take care of it in the end. Wait for it.

      The earth will pass away. Revelation 21:1-4, 1 John 2:15-17
      The earth will be burned up. 2 Peter 3:10-13
      God will shake and remove the heavens and the earth. Hebrews 12:26-29
      The earth will be shaken, broken up, and split apart. Isaiah 24:17-23
      The earth will perish like a worn out garment. Psalms 102:25-28, Hebrews 1:10-12 (quoting Ps 102 ).
      God will sweep everything away from the face of the earth. Zeph 1:1-3
      The hills will melt. He will make an utter end of this place. Nahum 1:3-8
      At the Messiah’s coming, the mountains will melt. Psalms 97:1-6
      The earth will be delivered from the bondage of corruption into liberty. Romans 8:19-22

      Like

    • Alligator Gar says:

      Why can’t we do both? Manufacturing doesn’t have to be filthy.

      Like

  13. Lindenlee says:

    It just amazes me that they STILL don’t get it, and adjust accordingly. These people are just insane.

    Like

    • 17CatsInTN says:

      I have a very liberal “friend”. She is the epitome of a person who’s cognitive dissonance is profound, who calls evil good and good evil and firmly believes lies and mocks truth. She cannot and will not walk in truth because she is frozen into her warped belief system that does not allow for any vestige of reality to slip past her ideological blockade.

      Like

  14. Very charming outfit she has on, very sheek, makes her look smart.

    Like

  15. Michael T says:

    You Americans are at times great and other time you’re totally full of shit, and this is one of those times. Many of your governors have told Trump that he’s way off base on this issue, but Trump’s EGO won’t let him retract anything he’s said.

    Like

  16. theahmedclockcompany says:

    did just-a true-dope
    wear his twinkle sox
    for the begging occasion ?

    Like

  17. Michael T says:

    And y the way, Canadians never come begging, especially from the likes of Prez Trump.

    Like

  18. Ray Matt says:

    Freeland held the PR stunt with Corker & Co. while she was in town to receive her Diplomat of the Year award. Freeland frames the trade dispute in terms of an existential struggle between the forces of good vs. evil. In an interview with NY Times (published June 9), she compares Trump to Hitler and the populist voters to ignoramuses who supported Hitler. In the interview she quotes Hitler as saying: “I will tell you what has carried me to the position I have reached. Our political problems appeared complicated. The German people could make nothing of them. … I, on the other hand … reduced them to the simplest terms. The masses realized this and followed me.” Freeland then makes the comparison: “How do you attract voters and public support compared with the flashiness of exciting, chaotic, fact-ignoring populism? The reason Hitler won was because all of the other politicians were giving complicated and difficult explanations about difficult things. Hitler just told people simple things that they wanted to hear.”

    Just days after the NY Times interview is published comparing Trump to Hitler, Freeland is awarded the Diplomat of the year Award. (These people have no shame.). She gives another speech at the award ceremony inferring that Trump is a totalitarian who must be stood up to. Her most revealing comment is: “And within the club of wealthy Western democracies, we’re seeing homegrown anti-democratic movements on the rise. Whether comprising neo-Nazis, white supremacists, “incels,” nativists or radical anti-globalists, such movements seek to undermine democracy from within.”

    Freeland makes no mention of the alt-left SJWs and the Antifa forces. Why? Why does she not call them out? Because she thinks these forces are democratic on the side of the forces of good? It would appear that Freeland is a globalist of the Soros ilk, determined to take Trump down. And so she gets the Diplomat of the Year award as Canada’s Foreign Minister who is dragging Canadians into a trade war for her ideological beliefs.

    Like

  19. gamecock123 says:

    To all my Canadian friends, brace yourselves, because today, SHTF. The only word of advice is what was told to me. Elections have consequences.

    Like

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