19 hours
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- 19 hours
VANCOUVER — Canada and China have struck an agreement to deepen collaboration across their financial systems as the two countries seek closer economic ties.
Finance Minister François-Philippe Champagne and International Trade Minister Maninder Sidhu hosted He Lifeng, vice-premier of China, in Vancouver over the past two days.
After the meetings, Finance Canada released a joint statement saying the two sides agreed to “enhance financial sector co-operation.”
…The statement adds that both sides reaffirmed their support for multilateralism and “a transparent and predictable environment” for trade and investment.
19 hoursDumbass move, imo.
Are Canadians on average not aware of how China promoted and enabled the Trump admin?
- 17 hours
Ah yes, China promoted Trump, because they love losing money on trade, they appreciate getting their oil supplies from Venezuela and the Gulf fucked, they also famously appreciate losing hard earned influence in Panama and across South America. Only Americans can be so self-absorbed as to look for someone else to blame for the monumental fuckups of the last 10 years while fucking the rest of us. And you’re not even fucking done yet.
Kindly take off, eh
- 17 hours
Lol, k. Emotional dude is so emotional it’s manipulating his thoughts into being disingenuous.
Nothing ever bad has happened under those circumstances.
- 15 hours
I’m not opposed to you guys do what you do, but first, the last 10 is just wrong. Second, you elected reps to sign trade agreements.
If it wasn’t in your interest, you fucked up. But my point being, making an international agreement in under 2 years is up there with selling you out. Look up how long real financial trade agreements take to get agreed on.
Welcome to the club.
In Trump’s first term he attempted to dismantle NATO, something China has always openly opposed an often targets in its psyops as “western imperialism”. In his second term he tariffed almost every nation on earth which resulted in China filling gaps. This isn’t even up for debate, though, look for yourself:
LINK: TikTok favored Republicans during election
And then:
TikTok, which currently operates out of Beijing, now, in the past, and forever, voluntarily shut itself down and then turned itself back on in order to endorse Trump. Biden had already announced he had no plans to enforce any such ban.
You’re free to debate whether China’s actions were beneficial for them, but it’s pretty fucking clear China took the actions.
- 16 hours
Even if that were the case, this particular move sounds like a good thing if it closes loopholes / underhanded payment options?
That includes granting greater market access for financial services and fostering engagement between Canadian and Chinese regulatory authorities.
- 15 hours
Or if it builds capital and payments channels that allow us to use their financial system, in addition to Europe’s, as a hedge when the Americans tank theirs again, bigger and better than 2008. It’s not like there isn’t a likely debt bomb with its fuse already lit… This time around we’re also more exposed than the last on account of TD scooping up failed American banks after 2008.
I’d rather any pennies or deeds being transferred to China were highly illegal an the perpetrators punished than have it be legally done in broad daylight.
- 15 hours
Financial transparency would help enforce whatever laws Canadians want to implement. If Canadians decide that we want to make it illegal, as you have described, then it would be easier to enforce that with the extra regulatory oversight
Opening markets to China will be like streaming poison into them, stripping power from Canadians with every heartbeat.
As an American, don’t ever reduce your nations people to our lack of awareness.
But China’s still evil and wants to dominate the world right? That we should be cautious and weary of their military standing in the pacific right? That they are trying to intimidate other countries and that we shouldn’t support it right? China’s still bad right?
- 14 hours
Sure but it takes a back seat to the orange problem on our doorstep, though hopefully he has more problems of his own going forward.
If Canada weren’t in NATO then China would be bankrolling a Russian invasion there as a method of bypassing the heavily fortified Pacific.
China funds Russia to invade… Canada?
Nah, no way the US is gonna stand by and let an ideological adversarial nation set up camp in north america. Russia cant even beat Ukraine in a land war, isnt there water between russia and north america anyways?
Yeah like Europe stopped the push into Ukraine? Your worldview is in direct opposition to undeniable reality.
Trump, who is often occused of being an agent for Putin, has even frequently talked about invading Canada himself. The two probably would have split it between them if not for NATO, the same way the USSR and the Nazis carved up Poland in WWII.
- 17 hours
I am Jack’s complete lack of surprise… Carney selling out to the globalist.
