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Showing posts with the label trade with China

A Comparison of Scandals: SNC-Lavalin Versus the Extradition of the Huawei CFO

The collapse of the Liberal Government Months away from an election, with the resignations of Jody Wilson-Raybould (Veterans Affairs Minister), Gerry Butts (Prime Minister's Chief of Staff), and now Jane Philpott (President of Treasury Board), the Liberal Government is collapsing under the weight of the SNC-Lavalin scandal.  Is the Government being brought down by the "right" scandal? Remediation legislation tailor-made for SNC-Lavalin In September, 2018, the Liberal Government passed the "Remediations Agreement" legislation, tailor-made to allow SNC-Lavalin to escape prosecution for bribing public officials in Libya.  Although the legislation was an amendment to the Criminal Code, it was passed as a part of a Budget Implementation Act (Bill C-17) .  No doubt to the surprise and consternation of the Liberal Government, the Public Prosecutors Office  decided to proceed with the criminal prosecution of SNC-Lavalin rather than negotiate a "remediation ag

The Chaos Theory of International Trade, or How Canada Arrested a Chinese Executive on a US Warrant in Order to Protect Israel from Iran

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I heard it from every economics professor I ever had, at both Oregon and Stanford, and everything I saw and read thereafter backed it up. International trade always, always benefits both trading nations. Another thing I often heard from those same professors was the old maxim: “When goods don’t pass international borders, soldiers will.” Though I’ve been known to call business war without bullets, it’s actually a wonderful bulwark against war. Trade is the path of coexistence, cooperation. Peace feeds on prosperity.  Phil Knight. Shoe Dog: A Memoir by the Creator of Nike (p. 374). Scribner. Kindle Edition.  A Few Facts Huawei holds 4% of the cellphone market in Israel. In the UK, which is a member of the Five Eyes intelligence alliance, Huawei has 14% of the market.  Huawei Canada is a major contributor to Canadian business and research.  These facts matter.  Why Conspiracy Theories Exist Reading about the arrest of Huawei’s CFO Sabrina Meng Wanzhou, who is also the da