Canada SACRIFICES Alberta & Saskatchewan To CHINA — U.S. Response Imminent？
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159.05048
Summary
Canada's old habit of picking winners and losers in this dying federation continues. If you ve watched even a single report from my channel, you re likely aware of the fact that unequal treatment between eastern and western Canada from the federal government is the law of the land around its parts.
Transcript
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our federal government cannot sacrifice a 43 billion dollar canola industry 200 000 jobs in
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that industry that is largely based in fairness in western canada to protect the fledgingly elect
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a fledging electric vehicle industry largely based in eastern canada it feels like we're paying the
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price for a protectionist measure for the auto industry and considering that the canola industry
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just the canola industry is larger than that industry it feels a a little bit unfair we put
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our fertilizer on we've spent our money on on this crop already so basically we've spent the
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money we can't reduce costs anymore so it uh you know it's gonna hurt looks like canada's old habit
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of picking winners and losers in this dying federation continues if you've watched even a
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single report from my channel you're likely aware of the fact that unequal treatment between eastern
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and western canada from the federal government is the law of the land around its parts historically
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the feds have given preferential treatment to central and eastern canada almost always at the
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expense of the prairie provinces more specifically alberta and saskatchewan this is true in every
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aspect of society including political representation wealth transfers supreme court representation
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and industry protections today's video covers yet another example of how broken and lopsided the
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country formerly known as canada has become if you want to understand more just how rotted and corrupt
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the so-called true north strong and free actually is then watch till the end let's dive in if you
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support these videos please like and subscribe i appreciate it alberta farmers are waking up to a
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new reality tuesday after china announced steep tariffs on the crop so this is the canola here for
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canola farmer ian chitwood china's announcement that the country plans on imposing a provisional
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75.8 percent tariff on canadian canola starting thursday potentially means the end of him selling
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the crop in the country no chinese company is going to pay 75 percent to bring canola seed in the tariffs
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are coming at an already tough time for the industry where producers are dealing with slim margins as they
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gear up to sell canola oil makes a wonderful feedstock for renewable fuel and basically just a slight
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increase in the amount of usage would effectively take away uh what we sell to china our farmers in
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alberta and saskatchewan are all disappearing every day you hear of another small family farm having to
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shut down because of too much regulation and carbon taxes these are some of the hardest working people
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in canada who make an enormous contribution to the economy and more importantly to their societies
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unfortunately for these farmers they're from the wrong part of the country you see around 99
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of all canola produced in canada comes from the prairie provinces of alberta saskatchewan and manitoba
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that's why you rarely see the feds jump into their defense with half as much diligence as they do
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with ontario's auto sector or quebec's untouchable dairy cartel the same dairy industry that president
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trump has gone after and canada continues to risk economic ruin over western farmers though let them
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all disappear as far as ottawa's concerned beijing has also announced anti an anti-dumping probe for
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canadian imports of pea starch of which they will be uh working on in the the weeks and months into
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the future that is another potential impact for western canadian egg producers that we just simply
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can't withstand at this moment we've estimated about 12 million acres of canola is seeded in saskatchewan
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just this year and canada the canadian canola industry is about 43 to 45 billion dollars each
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and every year that is responsible that industry for over 200 000 jobs canadian jobs and with china
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accounting for about a third of our exports the united states of america would be about 40 percent
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of said exports to put this in context this 43 to 45 billion dollar canola industry the canadian
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canola industry that we have employing just over 200 000 people that is significantly larger than the
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steel industry the aluminum industry and the car manufacturing industry combined i would say most
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certainly now that the next step is for the private prime minister to meet with the president president
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of china and i'll be expressing the urgency and the need for that meeting to happen when we talk at
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the next opportunity we need immediate action on this file this is a significant canadian industry as i say
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about comparable in size to the canadian forest industry and much larger than the steel aluminum and ev
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industry combined so china has decided to target the agricultural industry mostly located in western canada
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it's obvious they're doing this as retaliation to canada imposing a hundred percent tariff on chinese
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electric vehicles in order to protect ontario's auto sector whenever the ontario car industry has been
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in any sort of trouble the canadian federal government is quick to respond in defense of that industry
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not so much for western farmers though the premiers of alberta and saskatchewan have been requesting for over
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a year that the feds deal with previous chinese tariffs affecting the agriculture industry to no avail
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if this was the quebec dairy cartel being tariffed into ruin the liberal government would be bending
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over backwards to protect the frenchies as producers we feel like we're in a we're caught in the middle
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of a trade war that we neither wanted or started or have any influence some producers are going to be
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forced to sell their canola and likely selling it at a loss at at the prices that we're likely to see
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in the near future china is one of the biggest markets for canadian canola products but it is now
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effectively closed to producers the announcement on tuesday immediately dropped the price for the crop
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which is bad news for canola farmers across canada with harvest set to begin soon if this comes into
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effect on thursday what does that mean for the industry well basically it effectively shuts down
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basically exporting canola to china you know it gets back to you know if you have a shipload of canola
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that's been going into china that that itself is worth millions of dollars and to have a 75 tariff put on
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that you know it just it effectively shuts down the trade to there so that basically you know all of
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a sudden there are contracts that have been you know have been sold uh so for china or for canola going
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to china so it uh you know it's very devastating but you know one of the things and i think we really
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have to start looking at is basically basically the renewable diesel market in north america i'm from
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alberta so we've actually met with the alberta government uh a few months ago already just on
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that uh being able to to change the mandate for especially in alberta's they use three percent
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right now and we said could you please take it to five percent uh basically we are all we are already
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using uh canola as a feedstock for renewable fuel and actually just a few more percent uh would actually
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help out quite a bit and actually probably would uh would uh replace uh china for what they even take
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so it wouldn't take a lot of work to be able to use it nationally if you enjoy these videos please
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