“Europe’s needs in terms of aluminum are massive as we’re developing even more defence production and that is something that we want to work together,” said Joly, who is also the minister of Canadian economic development for Quebec regions.

“I think also that we can do even more in terms of aerospace. And we know that Quebec is a hub, but also Canada is a hub for aerospace.”

Added François-Philippe Champagne, the federal finance and national revenue minister: “We have historical ties with Europe. CETA (Comprehensive Economic and Trade Agreement) is a great free trade agreement that allows us to operate on a preferential basis in Europe.”

...

all 14 comments

sorted by: hot top controversial new old

[–] CanadaPlus 2 points 3 days ago* (last edited 3 days ago)

The interesting thing here is that that's actually proportional to how they want to grow non-US trade across the board. There's no special preference for Europe being shown.

[–] ILikeBoobies@lemmy.ca 2 points 3 days ago (1 children)

Step 1 create crown corporations

Step 2 don’t trade with the US

[–] CanadaPlus 1 points 3 days ago

Step 2 would basically grind the economy to a stop the way COVID did. That's 3/4 of our trade right now.

[–] alsimoneau@lemmy.ca 6 points 4 days ago (2 children)

Can we import European cars? They have all the nice small one while were stuck with monster trucks

[–] sup@sh.itjust.works 2 points 4 days ago (1 children)

Doesn't mean they will sell them, because the demand could be to low. The trend is going to "multi-purpose vehicles (including sport utility vehicles and crossovers)" https://www150.statcan.gc.ca/n1/daily-quotidien/251017/cg-c001-eng.htm The same trend is happening in Europe. I could see the financial pressure building right now counteracting it a little bit, smaller cars could benefit like electric already are, but that's just a guess.

[–] alsimoneau@lemmy.ca 3 points 3 days ago (1 children)

Is demand low or are they simply not available?

[–] CanadaPlus 2 points 3 days ago* (last edited 3 days ago)

Demand is low. You can find small cars, but they're poor sellers. Talk to the random people IRL about cars and you'll hear a lot of "what if I need to move a mattress"-type comments.

Maybe demand is artificially low from past regulation mistakes, and the resulting aggressive advertising, but that's about it.

[–] SaveTheTuaHawk@lemmy.ca -1 points 4 days ago

They won't sell in Canada. We have become a nation of fatasses in trucks.

[–] GreenBeard@lemmy.ca 3 points 5 days ago (2 children)

Sounds good to me, let's get 'er done. Hopefully if we can finally get this De Havilland factory in Alberta up and running we can even further expand our Aerospace capacity and diversify western Canadian industry.

[–] Typotyper@sh.itjust.works 1 points 5 days ago (1 children)

With an independence vote set for Alberta investment will crash just like it did when the Quebec reforendom was alive.

[–] GameGod@lemmy.ca 1 points 4 days ago

It shows how effective the whole "Albertan independence" campaign by US interlocuters is - it's a lose-lose for Canada either way because the reputational damage it will do to Alberta's economy. And all you need to do this kind of shit is some analysts, a Facebook troll farm, and some weak politicians.

[–] SaveTheTuaHawk@lemmy.ca -2 points 4 days ago

Try and do that an some PC asshole will either steal the money or shut it down.

[–] ikidd@lemmy.dbzer0.com 1 points 5 days ago

Wish in one hand and shit in the other and see which one fills up first.