WKrisT

Bitcoin, technology, former professor, author, married mother of two

[WKrisT @KristaFinBC]

@jmbprime Disagree completely

[WKrisT @KristaFinBC]

@Eric_TrumpRv If you exchanged the canadian dollar for par, yes.

[WKrisT @KristaFinBC]

@honjamesmoore Bahahaha.

Too bad BCNDP already lost when they gave away freehold land.

Going down in flames.

[WKrisT @KristaFinBC]

@kevenelder Good try on making this a divisive issue.

Turns out giving away free hold land already lost you the election.

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[lubricant @darren_lubedude]

Here is a real-world example of how Canada's retaliatory tariffs actually work.

We are a Canadian manufacturer employing 40+ people in Ontario.

We buy steel drums from an American manufacturer in Ohio.

We bring the EMPTY drums into Canada.

We fill those drums in Ontario with products WE MANUFACTURE IN CANADA.

Then we ship the finished Canadian product back to customers in the United States.

Simple enough.

Except Canada has now imposed a 50% retaliatory tariff on U.S.-made steel drums under tariff code 7310.10.00.

So let me understand the strategy.

Who exactly are we trying to hurt?

The American steel company already sold the steel.

The American drum manufacturer already sold the drum.

Our American customer still needs the finished product.

The company writing the cheque for Canada's 50% tariff is us — the Canadian manufacturer employing Canadian workers.

And before someone says, "Buy Canadian" — we have a Canadian drum supplier in Burlington. They're busy and their lead times are several weeks longer than our Ohio supplier.

And here's the irony:

The Canadian drum plant is itself owned by an American company.

So we are potentially adding enormous cost and working-capital requirements to a Canadian manufacturer in an attempt to punish the United States.

There may be duty-drawback relief available because we're re-exporting these drums as part of our finished product — and we're investigating that now.

But think about the administrative absurdity we've created:

Import an American drum → Canada charges a 50% retaliatory tariff → Canadian workers fill it with Canadian-manufactured product → ship it back to America → Canadian company applies to recover the tariff.

That's not industrial policy.

That's friction.

If the objective is to protect and grow Canadian manufacturing, we need to start asking a very basic question before imposing retaliatory tariffs:

Who actually writes the cheque?

@ronmortgageguy @StephenPunwasi

[WKrisT @KristaFinBC]

@rlm0660 @MarkJCarney This said by someone who also rationalized that Trudeau should be respected as the exciting fresh breath of (drama teacher) air the world need.

You carry water for whomoever is the current leader of the Liberals.

And you criticize all leaders on the right regardless of merit.

[WKrisT @KristaFinBC]

@MorganeOgerBC @LDoerkson Morgane, the recently published Finnish population level study across 25 years will give you the data you need to reframe your thinking from false propaganda youve been fed

Kids are healthier in their own, perfect bodies, with higher negative mental health if they transition

[WKrisT @KristaFinBC]

@bcndp Oops. Looks like your snap election is backfiring.

Couldn't happen to a worse party than the BCNDP

[WKrisT @KristaFinBC]

@GarryBeggBC Ha! The NDP are going down. Panicking yet??

[WKrisT @KristaFinBC]

@shakepay Discipline

For example, I have shaken my phone about 1800 times (plus a safety shake to preerve my streak) in the past5 years.

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[WKrisT @KristaFinBC]

@Martyupnorth The municipal public transit system essentially gets a big base grant shouldered by post secondary students.

More taxation layers for students (federal, provincial, municipal, and post secondary, essentially).

[WKrisT @KristaFinBC]

@WeAreCanProud Trump. Obviously.

[WKrisT @KristaFinBC]

@MarkJCarney Our "Muslim values"???

Afterall, to quote Carney, "Muslim values are Canada's values".

Take your sexism and racial preferences for sharia law, and take them with you back to the EU.

Carney, you are the worst thing to eve happen to Canada.

[WKrisT @KristaFinBC]

@adamhuras So that's 6 million DOCUMENTED, NON-STUDENTS I the last decade. Sounds like an invasion to me.

[WKrisT @KristaFinBC]

@rparmar_BC This election is going to backfire on the NDP spectacularly.

Here comes the right.

[WKrisT @KristaFinBC]

@GreatBig_Sea Seniors can spend their own money contributing to the EU budget anf equalizing Canada with European nations. Leave us younger working canadians out of it!

[WKrisT @KristaFinBC]

@CTVNews So carney reveals his defense plans during his interview with the New York Times???

Can't believe you folks are passing along this drivel. Obvious manipulation as part of his "US Scary" fear mongering.

[WKrisT @KristaFinBC]

@liberal_party Ha ha. Met the commitment through changing your accounting practices, not through adding to our actual defense.

[WKrisT @KristaFinBC]

@ConHarMcD Ha ha. Net recipient nearly every year since 1960 says what??? Laughable