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Selling canada

T

tosca1

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Since Trudeau came to power, he seems to be selling Canada to China, piece-by-piece. This wouldn't be news except that the entities that buy up......are red-flagged!


Ottawa approves sale of B.C. retirement-home chain to Chinese group with murky ownership

Canadian officials said on Tuesday their review of the takeover included a screening for any potential impact on national security. "No issues were raised," a spokeswoman for Innovation, Science and Economic Minister Navdeep Bains said.

Federal officials did not explain how they have been able to get a clear picture of Anbang's ownership and corporate structure.

Lack of transparency has emerged as a problem for the company. Last year, Anbang withdrew an application for regulatory approval of a purchase of Iowa-based Fidelity & Guaranty Life, according to Reuters, after the New York Department of Financial Services sought more details about the Beijing firm's funding and shareholder structure – information Anbang was not immediately able to provide.

The New York Times reported last September that Anbang's structure has stoked such suspicion about its true ownership that some Wall Street firms, including Morgan Stanley, have opted not to advise the company on United States mergers and acquisitions because they cannot get the information needed to satisfy their "know your client" guidelines.

"Our primary concern around this [sale] is what in essence is a loss of control over a public asset that has been subsidized by taxpayers, by British Columbians," said Jennifer Whiteside, secretary-business manager of the HEU.
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https://beta.theglobeandmail.com/ne...34107591/?ref=http://www.theglobeandmail.com&



Chinese firm expelled from trade association days before takeover of Canadian high-tech company

Hytera Communications – whose principal shareholder is billionaire chairman Chen Qingzhou – has had long-standing close ties to the ministry that oversees China's police and security agencies. It has won numerous contracts to supply mobile and digital radio systems to Chinese police departments and local governments.

The Trudeau government approved the Norsat sale to Hytera in early June without conducting a full-scale national security review.
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https://beta.theglobeandmail.com/ne...35758019/?ref=http://www.theglobeandmail.com&



And now, the Aecon takeover.


Controversial Chinese firm to buy Aecon for $1.5B pending regulatory approvals

China Communications Construction Company Ltd. said on Thursday it has agreed to pay $20.37 per Aecon share in cash to buy Aecon, which said in August that it was looking for potential buyers.

CCCC Ltd. was barred from involvement with any World Bank construction projects for eight years until recently for fraudulent practices in the Philippines.
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Controversial Chinese firm to buy Aecon for $1.5B pending regulatory approvals | National Business | kelownadailycourier.ca


Trudeau tries to reassure us by spouting off about security measures and screenings regarding AECON takeover - surely he can't be serious?



Justin's been so cozy with China. Remember the cash for access fundraisers, and the state dinner in honor of the Chinese Premier where-in 61 Liberal Party donors were invited, along with all those corporations, law firms and lobbyists? Need we forget his infamous praise and admiration for China's regime?

It feels like our soul is being sold to the devil. Where are we heading?
 
Worst US decision ever was signing the Treaty after the War of 1812, which promised that we would never attempt to annex the Great White North.
 
tosca1 said:
Since Trudeau came to power, he seems to be selling Canada to China, piece-by-piece. This wouldn't be news except that the entities that buy up......are red-flagged!



https://beta.theglobeandmail.com/ne...34107591/?ref=http://www.theglobeandmail.com&




https://beta.theglobeandmail.com/ne...35758019/?ref=http://www.theglobeandmail.com&



And now, the Aecon takeover.



Controversial Chinese firm to buy Aecon for $1.5B pending regulatory approvals | National Business | kelownadailycourier.ca


Trudeau tries to reassure us by spouting off about security measures and screenings regarding AECON takeover - surely he can't be serious?



Justin's been so cozy with China. Remember the cash for access fundraisers, and the state dinner in honor of the Chinese Premier where-in 61 Liberal Party donors were invited, along with all those corporations, law firms and lobbyists? Need we forget his infamous praise and admiration for China's regime?

It feels like our soul is being sold to the devil. Where are we heading?
Click to expand...

Can we all just agree that Trudeau is just one hell of a massive tool at this point? I mean I may not live in Canada, but I have friends who are more then a little worried about all of this kind of crap. Immigration stupidity aside for one moment, and we look at this.

It honestly does look like he is trying to strip sections of Canada off, and sell them to a foreign power right under his own peoples collective noses.
 
Is the Canadian government hurting for money?
 
KevinKohler said:
Is the Canadian government hurting for money?
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No, just people. 35 million is not going to cut it if your country is a smidge larger than the US.
 
KevinKohler said:
Is the Canadian government hurting for money?
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No but it is probably to pedal favour with the Chinese government because the Canadian government since Harper wants a free trade deal. And there is no ground for them to really deny the takeovers either. And with Trump's election it has gotten a lot more important to seek trade partners elsewhere. What Tosca seems to have conveniently forgot is that Harper started the whole process.

I do not support getting cozy with China but pretending that this all Trudeau's fault is a lie.
 
tosca1 said:
Justin's been so cozy with China. Remember the cash for access fundraisers, and the state dinner in honor of the Chinese Premier where-in 61 Liberal Party donors were invited, along with all those corporations, law firms and lobbyists? Need we forget his infamous praise and admiration for China's regime?

It feels like our soul is being sold to the devil. Where are we heading?
Click to expand...

I agree that Trudeau getting overtly cozy with the Chinese is concerning, no question.

Now that having been said, I take it you were equally upset when Harper did it?

https://www.thestar.com/opinion/commentary/2015/09/30/selling-canada-out-one-deal-at-a-time.html

7 Things Harper Doesn't Want You To Know About The China Trade Treaty (And A Few He Does)

https://www.desmog.ca/2014/09/12/ha...oversial-canada-china-foreign-investment-deal
 
Carjosse said:
No but it is probably to pedal favour with the Chinese government because the Canadian government since Harper wants a free trade deal. And there is no ground for them to really deny the takeovers either. And with Trump's election it has gotten a lot more important to seek trade partners elsewhere. What Tosca seems to have conveniently forgot is that Harper started the whole process.

I do not support getting cozy with China but pretending that this all Trudeau's fault is a lie.
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No, I didn't forget that about Harper.

Prime Minister Stephen Harper has erected new barriers to investment by state-owned companies, fencing off the oil sands from further control by foreign governments.

Mr. Harper announced Friday that his government has approved two controversial acquisitions by Asian companies of domestic oil and gas producers, but essentially barred state-owned companies from buying some of Canada's biggest energy companies, such as Suncor Energy Inc. or Cenovus Energy Inc.

"When we say that Canada is open for business, we do not mean that Canada is for sale to foreign governments," he told a news conference on Parliament

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https://beta.theglobeandmail.com/gl...e6107548/?ref=http://www.theglobeandmail.com&



You're missing the point. Look at the companies that Trudeau is selling to - they're all questionable!

Like I've pointed out in my OP, selling wouldn't be news.....except that the entities that buy up......
are red-flagged!
 
tosca1 said:
No, I didn't forget that about Harper.


https://beta.theglobeandmail.com/gl...e6107548/?ref=http://www.theglobeandmail.com&



You're missing the point. Look at the companies that Trudeau is selling to - they're all questionable!

Like I've pointed out in my OP, selling wouldn't be news.....except that the entities that buy up......
are red-flagged!
Click to expand...

Of the three you mentioned, only Hytera Communications is a concern with Aecon going through a full review (which has yet to finish), and Cedar Tree acquiring a retirement home interest.

So tell me how you're not being a complete partisan hypocrite when Harper figleafed the issue by saying our largest oil and gas interests are off limits while he struck up terrible, largely one sided (in their favour) trade deals with the Chinese he secretly signed in Russia; one that allows Chinese corporations to overturn Canadian law in closed secretive tribunals and excludes all stakeholders except the federal government ( https://www.thestar.com/opinion/edi...for_confidential_lawsuits_against_canada.html )? Nevermind one company; this sort of thing has substantial, far reaching implications.
 
Surrealistik said:
Of the three you mentioned, only Hytera Communications is a concern with Aecon going through a full review (which has yet to finish), and Cedar Tree acquiring a retirement home interest.

So tell me how you're not being a complete partisan hypocrite when Harper figleafed the issue by saying our largest oil and gas interests are off limits while he struck up terrible, largely one sided (in their favour) trade deals with the Chinese he secretly signed in Russia; one that allows Chinese corporations to overturn Canadian law in closed secretive tribunals and excludes all stakeholders except the federal government ( https://www.thestar.com/opinion/edi...for_confidential_lawsuits_against_canada.html )? Nevermind one company; this sort of thing has substantial, far reaching implications.
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Never mind trying to sell me Trudeau. As far as he's concerned, I gave other reasons why I don't like him.

Never mind bringing up Harper in comparison either - Harper's gone.
Meanwhile, we still have Trudeau.....and he's ignoring red-flags!
 
Surrealistik said:
Of the three you mentioned, only Hytera Communications is a concern with Aecon going through a full review (which has yet to finish),
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Two got through.........WHY SHOULD WE BELIEVE HIM WITH AECON?????

Trudeau has a habit of being secretive.....they only fess up when caught!
And even when caught, they don't come out clean!
 
tosca1 said:
Never mind trying to sell me Trudeau. As far as he's concerned, I gave other reasons why I don't like him.

Never mind bringing up Harper in comparison either - Harper's gone.
Meanwhile, we still have Trudeau.....and he's ignoring red-flags!
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Um, I'm not trying to sell you Trudeau, I'm pointing out your hypocrisy, since you evidently seem to be just fine with Harper's worse indiscretions on the matter, whether or not he's in office.

Again, the only truly problematic case of those three is Hytera (who gives a **** about the Chinese owning a retirement home interest, even if the parent company is sketchy), and it has nothing on the long term scope and impact of Harper's terrible FIPA deal.
 
Surrealistik said:
Um, I'm not trying to sell you Trudeau, I'm pointing out your hypocrisy, since you evidently seem to be just fine with Harper's worse indiscretions on the matter, whether or not he's in office.
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Yes, you are selling Trudeau, in your own way. Sunce you know you can't defend him......you're trying to do comparisons. But, you don't seem to get the difference between the two. Here's the big one: under Trudeau, they don't even say anymore when they'll balance the budget! All you hear is spend, spend, spend! DEBTS! That's what our grandchildren will inherit! And yet, he worries about the legacy we'll leave our children (when he talks about the environment). :mrgreen:


I don't care whether you think me a hypocrite or anything.
The question is why do you care so much about what I say? :lol:
 
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Originally Posted by Surrealistik View Post
Um, I'm not trying to sell you Trudeau, I'm pointing out your hypocrisy, since you evidently seem to be just fine with Harper's worse indiscretions on the matter, whether or not he's in office.
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I told you the difference with that. You're ignoring it.
And don't give me that bull you're not trying to sell Trudeau. You're doing it....in your own way.


You know you can't defend Trudeau, so you try to bring in Harper for comparison. But, you don't get the difference between the two!
Here's another one:


According to a recent study by the Fraser Institute, Trudeau is close to surpassing Canada's all-time per-capita spending record: $8,337 per person in 2017-18. The record, $8,375, was set by Stephen Harper in 2009-10, when governments worldwide were spending desperately to contain a global recession.

But Trudeau, the study's authors have dryly noted, is doing it "without any recession or large-scale military conflict, which are the two main characteristics of almost every other previous spike in federal spending."

He's doing it by loading up on debt, piling tens of billions onto what Harper incurred post-meltdown.

"Not enough people are talking about it," says Kevin Page, Canada's former parliamentary budget officer, now head of the Institute for Fiscal Studies and Democracy at the University of Ottawa. "We don't have any constraints. Or real deficit targets. Or spending controls. It's all very loose, like my weekend golf swing. Kind of all over the place."

Page's institute has been studying the fiscal sustainability of Ottawa's finances, which is a jargon-ish term for how much discipline the government is exercising.

The answer appears to be not much.

"Our fiscal analysis is among the weakest in the G7," says Page.
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Sooner or later, the bill will arrive for Trudeau's spending: Neil Macdonald - CBC News | Opinion


If you're talking hypocrisy.....point that finger at your boy.
He babbles on about the legacy we'll leave our children (when he talks about the environment)! :roll:
It's DEBTS! Debts, is what we'll leave for a legacy!
 
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tosca1 said:
Yes, you are selling Trudeau, in your own way. Sunce you know you can't defend him......you're trying to do comparisons. But, you don't seem to get the difference between the two. Here's the big one: under Trudeau, they don't even say anymore when they'll balance the budget! All you hear is spend, spend, spend! DEBTS! That's what our grandchildren will inherit! And yet, he worries about the legacy we'll leave our children (when he talks about the environment). :mrgreen:


I don't care whether you think me a hypocrite or anything.
The question is why do you care so much about what I say? :lol:
Click to expand...

tosca1 said:
I told you the difference with that. You're ignoring it.
And don't give me that bull you're not trying to sell Trudeau. You're doing it....in your own way.


You know you can't defend Trudeau, so you try to bring in Harper for comparison. But, you don't get the difference between the two!
Here's another one:
Click to expand...

Alright, believe what you want; I've made my substantially less than warm stance on Trudeau quite clear. That having been said, you're clearly a hopeless Conservative partisan who compulsively ignores and dismisses the very same failings of your party you accuse others of; I'm done.
 
Surrealistik said:
Alright, believe what you want; I've made my substantially less than warm stance on Trudeau quite clear.
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That's what you say.......but your posts say otherwise.
Your script basically runs like this: "I don't like Trudeau, BUT....." ;)
You've done that in the other thread....

......and you followed and responded to threads such this basically the same way.....all in the obvious attempt to deflect criticisms from Trudeau. Go ahead, why don't you review all your posts from all three or four threads.



That having been said, you're clearly a hopeless Conservative partisan who compulsively ignores and dismisses the very same failings of your party you accuse others of;
Click to expand...

I didn't ignore. You're the one who ignored the explanations, along with the sources given. I even showed how Harper and Trudeau are different.



I'm done.
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Of course you are. Trudeau is....indefensible. :)

I'm glad you finally realize that.
 
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Surrealistik said:
Um, I'm not trying to sell you Trudeau, I'm pointing out your hypocrisy, since you evidently seem to be just fine with Harper's worse indiscretions on the matter, whether or not he's in office.

Again, the only truly problematic case of those three is Hytera (who gives a **** about the Chinese owning a retirement home interest, even if the parent company is sketchy), and it has nothing on the long term scope and impact of Harper's terrible FIPA deal.
Click to expand...

Sadly this is the face of Canadian conservatism today, for the most part, especially on political forums. They read a meme or a info graphic, lose their **** completely, and will be convinced of nothing beyond that info graphic / meme / Con talk point, and that's it. There are still rational right leaning folks in Canada, but they have managed to keep enough of their integrity intact to not jump on the Trumpster Wannabe Wagon, and usually don't get involved in this stuff, or are at least able to have rational conversation about it.

The reality is that Trudeau is a combination of good and bad, but infinitely better than the last donut hole that had the job, and has accomplished the most important thing Canada needed after 10 or so years of Conservative mismanagement, which was the restoration of our brand in the world. There are lots of things I wish he had / will implement better, but after Harper had flushed us so far down the toilet, I'm happy just to have someone to show the rest of the world that we're still Canadian. All the rest of this is just noise.
 
calamity said:
No, just people. 35 million is not going to cut it if your country is a smidge larger than the US.
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To be fair, a lot of that land is frozen wilderness that no one wants to live in, ironically global warming may make some of that land more useful. But its true that Canada's smaller population makes it less powerful then other countries, which is a reason Canada encourages immigration, it is a good way to maintain population growth.
 
Yes_Minister said:
To be fair, a lot of that land is frozen wilderness that no one wants to live in, ironically global warming may make some of that land more useful. But its true that Canada's smaller population makes it less powerful then other countries, which is a reason Canada encourages immigration, it is a good way to maintain population growth.
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I visited Toronto and its metro region on business recently. Immigration will make Canada a very powerful nation, in time. Almost everyone I dealt with there was from some other country. Several high level engineers began their careers at WalMart. I found it interesting that the US lacks similar upward mobility these days.
 
calamity said:
I visited Toronto and its metro region on business recently. Immigration will make Canada a very powerful nation, in time. Almost everyone I dealt with there was from some other country. Several high level engineers began their careers at WalMart. I found it interesting that the US lacks similar upward mobility these days.
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I have heard some people say Canada should aim for a population of 100 million in the near future, but that does not seem feasible.

Despite tosca1's complaints about immigration, I think Canada would have an economy the size of Portugal without the Chinese and Indian immigrants we have.

I think if there was a global warming disaster, Canada would weather it better then most, we would likely lose some islands, but Canada has the world's largest supply of fresh water and a lot of frozen land we do nothing with. The Yukon could become a major populated area in that event.

Anyway trade with China is a double edged sword, Trump is being unreasonable on trade, so Canada is looking to other places to sell its goods, but there is fear China may try to make a bad deal. I have heard some reports that China wants to right to set up factories in Canada and import Chinese workers to wotk in them en masse, but that would be unpopular in Canada. Chinese factories in Canada should not be a fiefdom where Canada's standards do not apply.
 
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