The 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
Tag Archives: North American Free Trade Agreement (NAFTA)
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
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
Federal government marches further into dead end of nation-wrecking. The working class is determined to affirm its right to build the new! Report from WORKERS’ FORUM
Transport Canada has announced another $2.1 billion of state funds for the Trade and Transportation Corridors Initiative to serve the global oligopolies and their control of the Canadian and international economy.
A Ministry press release on July 4 states the Trade and Transportation Corridors Initiative is “[to] build stronger, more efficient transportation corridors to international markets…. Canadian businesses will be able to better compete, grow and create even more jobs well into the future.” Continue reading
Indepth report by Renewal Update, May 25, 2016
Demonstrations at hearings oppose the deal
The people’s opposition is deepening the legitimacy crisis of the institutions which advocate the neo-liberal agenda and the parties which champion it. Their attempt to use public consultations to give legitimacy to a neo-liberal free trade deal that has already been negotiated and signed behind the backs of Canadians is seriously at risk. In every city where the government’s consultations on the Trans-Pacific Partnership (TPP) have been held, Canadians inside and outside pointed out that far from upholding trade on the basis of mutual benefit, the TPP puts trade further under the domination of global monopolies in pursuit of their own private interests. It is a nation-wrecking agreement that attacks the right of Canadians to sovereign decision-making power. Continue reading
Maritime strategy of the Quebec Liberals: Serving the interests of the United States of North American monopolies
For your information: two articles on the Maritime Strategy of Quebec – the latest plan of the ruling circles to build infrastructure and establish Gateways and Trade Corridors across Canada to facilitate the transportation of energy resources and manufactured goods to North America, Europe and Asia.
By LOUIS LANG
The statements of the Couillard Liberals promise economic growth and thousands of jobs all over Quebec. In fact, it would seem that what is being proposed is a new version of the Security Prosperity Partnership (SPP). The SPP, in which the Paul Martin government was involved, was a plan integrating the Canadian, U.S. and Mexican economies into the United States of North American Monopolies. This was to form a trade and military bloc in the inter-imperialist striving over control of world markets, spheres of influence, cheap labour and resources and zones for the export of capital. The Maritime Strategy being put forward by the Quebec Couillard government as a “pivotal project“ to develop the economy of Quebec is not a plan to build an independent national economy for the benefit of the people of Quebec but rather it is to put the resources and transportation infrastructure of Quebec in the service of North American monopolies. Continue reading