Tag Archives: Economy

For your information: NAFTA becomes USMCA

NotInOurNameThe supranational oligopolies that control the economies of North America and seek global hegemony have tightened the screws of their domination over the peoples of the U.S., Mexico and Canada. The changes to the North American Free Trade Agreement (NAFTA) in becoming the U.S. Mexico Canada Agreement (USMCA) have both strengthened and loosened the rules of international trade on the continent to favour the most powerful oligarchs. Continue reading

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The noise accompanying the new free trade agreement between US, Mexico and Canada

NoNewNafta

By K.C. ADAMS

Since President Trump’s inauguration in 2017, the Trudeau Liberals and their retinue in the mass media and trade union movement have hysterically bleated about the demise of the North American Free Trade Agreement (NAFTA). They have presented Trump’s threat to walk away from NAFTA as a grave danger to Canada’s economy and saving the trade agreement as akin to saving Canada from collapse. The mass media generated a three-ring circus of non-stop “will they agree or not,” “will Trump pull the plug or not,” “will Freeland appear on the steps to make an announcement or not.” Continue reading

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G7 Summit: In open dissent

Commentators have spoken and written reams regarding U.S. President Trump’s imposition of tariffs, his refusal to sign a new NAFTA deal and the Mafia-style language used at the G7 Summit in Quebec. The incoherence masks the crisis in the G7 and the substance of the neo-liberal Summit | German-foreign-policy.com commentary

BERLIN (June 11 – The G7 summit in La Malbaie, Canada, ended in open dissent on Saturday without a joint final declaration. After the G7 state and government leaders had already agreed on a joint statement, US President Donald Trump withdrew his endorsement. The document is still supported by the other six G7 states and is occasionally referred to as the “G6” declaration, to point out the deep rift in the traditional West. Continue reading

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The G7 does not represent us!: June 7 unity march in Quebec City

The evening of June 7 on the eve of the G7 Summit in La Malbaie, several hundred people took to the streets of Quebec City to firmly declare that the G7 does not represent us. Continue reading

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G7 Summit: No to the neo-liberal, anti-social offensive, retrogression and war!

Demonstration in Quebec City, April 5, 2018, against upcoming G7 summit in La Malbaie. Banner reads: “The G7 Does Not Represent Us.”

The 44th G7 Summit is hosted by Canada. It will take place June 8 and 9 in the luxury hotel Fairmont Le Manoir Richelieu in La Malbaie in the Charlevoix region of Quebec. It is preceded by ministerial meetings.

La Malbaie is a small town of 8,000 people about 150 kilometres north-east of Quebec City. The Summit area has been secured behind a $3.8 million, three-metre high, 3.7-kilometre long fence anchored in cement posts sunk half a metre into the ground. A temporary prison will be set up near the arena in Clermont, a neighbouring municipality, at a cost of $1 million, according to local radio station CIHO. The budget for the G7 events will be more than $600 million with $259 million to be allocated to the RCMP alone for security, over $35 million to National Defence, $99 million to Public Safety Canada, $2 million to the Canadian Security Intelligence Service, and $1 million to the Canada Border Services Agency. Continue reading

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No consent – No pipeline! Canadian’s opposition to Kinder Morgan Trans Mountain pipeline project

Protesters block the gates of Kinder Morgan’s Burnaby Mountain facility, March 17, 2018.

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International trade as a weapon of exploitation, chauvinism and war

Necessity for a new direction for international trade | K.C. ADAMS

In March, the U.S. government suddenly announced tariffs on $60 billion worth of Chinese exports to the U.S. and threatened even more. China has now retaliated with tariffs of its own against certain U.S. exports. Whatever the reasoning for these tariffs, the sudden imposition seriously disrupts the working lives of those involved in producing those goods in both China and the U.S. and those using the commodities either as a means of further production or articles of consumption. Modern industrial mass production cannot simply be turned on or off with the flick of a switch without causing widespread pain. This is no way to conduct economic relations among the peoples of the world. Continue reading

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