this post was submitted on 22 Jul 2026
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Contrary to what Carney claimed, interest and debt repayment are not considered in net profit.

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[–] CapuccinoCoretto@lemmy.world 7 points 1 day ago* (last edited 1 day ago) (1 children)

Even if it was a "deal" its still no deal. The US are bad faith actors without functional courts or congress. There can be no deal, or agreement at all, that won't be just as casually broken as every other deal.

This doesn't go away after Trump. He is just the face of a movement that has serious backing across the US. They can't be trusted or relied on.

There are no concessions to make. No deals to negotiate. The US will act as they will, we will respond. That's it.

Our job is to decouple as quickly as possible. Government agencies and Canadian corporations need to get off American tech like Amazon and Microsoft. No more Office, Teams. We need domestic or european partnerships with payment providers to replace Visa and Mastercard.

We need an increased port and shipping industry to remain a trading nation, and better rail to get to and from ports. Building this can easily absorb losses from US dependant markets, and put Canadians to work using our steel and aluminium.

Private investment is welcome, but its long past time to revive the crown corporation to build what we must. We have all the talent and resources right here.

Manufacturing isn't about labour anymore. Its about engineering and automation. We have deep greenhouse and agricultural expertise. We have world leading institutions.

What is needed, is the willingness to go boldly back to a proven methodology of a mixed market ecoonomy. Its what we did right before neoliberal ideology led us to this dumpsterfire. Crown corporations can bridge any gap.

[–] GreenBeard@lemmy.ca 4 points 1 day ago

Oh thank goodness I'm not the only one that sees it. I know everyone employed in US exports is terrified of not having that market, and they should be it's going to cost us a lot of jobs, jobs that will only be partially replaced by domestic production and diversification, but we really, REALLY have no choice, and the upside is it'll mean a lot of new jobs in other fields if we do it right. We need to leverage the crown corps to get the ball rolling, same as we've always done. It's not an if, it's a how and a when, and the sooner we reach that conclusion the better.