XPost: can.politics, can.taxes, can.general 
 XPost: soc.culture.canada, can.atlantic.general 
 From: sharx35@hotmail.com 
  
 "none"  wrote in message 
 news:20140102-191032.973.0@none.shawnews.vc.shawcable.net... 
 > Sky-high Chinese tariffs block Canadian access to market. 
 > 
 > Jan 02, 2014 
 > 
 > Canada's trade deficit with China is widening amid a slowing of 
 > raw 
 > materials exports to China, while Canadians continue to import 
 > $50 
 > billion a year of Chinese products. 
 > 
 > According to Industry Canada, the 2012 trade deficit with China 
 > was 
 > $31.7 billion in 2012, four times the deficit a decade ago. 
 > 
 > Canada-China trade 2012 
 > 
 > Chinese exports to Canada 
 > 
 > Electrical machinery and equipment 
 > Boilers, mechanical appliances 
 > ?Furniture 
 > Toys and sports equipment 
 > Iron, steel articles 
 > 
 > Canadian exports to China 
 > 
 > Ores, slag and ash 
 > Woodpulp, paper 
 > Oilseeds, grains, fruit 
 > Wood, wood articles 
 > Fats, oils and waxes 
 > And while China exports manufactured goods, like electrical 
 > machinery, 
 > furniture and footwear, to Canada, it imports mainly raw 
 > materials. 
 > 
 > Currently the top Canadian exports to China by value are wood 
 > pulp, oil 
 > seeds and grains, ores, mineral fuels and oil. 
 > 
 > The Chinese market for Canadian-made manufactured goods is being 
 > blocked by a high tariff wall, which makes the cost of these 
 > products 
 > prohibitive for Chinese consumers. 
 > 
 > MO851, a Montreal-based maker of luxury leather goods, has opened 
 > a 
 > boutique in Beijing, hoping to cash in on the huge Chinese 
 > consumer 
 > market with a taste for luxury goods. 
 > 
 > A bag that retails for  $465 in Montreal, costs 90 per cent more 
 > in 
 > Beijing due to tariffs, taxes and luxury taxes. 
  
 Anyone paying more than, say $100, for a purse/bag, should have 
 their sanity questioned. 
 I'm all for putting huge import duties on luxury goods. I don't 
 blame any government for putting high tariffs or 
 other taxes on luxury/unnecessary items, e.g. the more expensive 
 the car, recreational boat, etc., the higher should be the RATE of 
 tax on it. 
 Bottled water should have a $1 a bottle tax on it, to discourage it 
 use as 99.9% of Canadians have access to BETTER and SAFER public 
 water. 
  
  
  
  
  
  
 > 
 > Jim Stanford, an economist for the CAW, now part of Unifor, says 
 > the 
 > result of high tariffs is a loss of jobs to Canadians. 
 > 
 > "It is incredibly frustrating that these policies which are very 
 > advantageous to China have really curtailed our ability to export 
 > to 
 > China," he told CBC News. 
 > 
 > Chinese products face no such tariffs as when they are imported 
 > to 
 > Canada, despite undercutting many Canadian-made goods. 
 > 
 > China's tariffs have been a key irritant in trade with the EU and 
 > North 
 > America but are allowed through China's deal with the World Trade 
 > Organization. 
 > 
 > For Canadian manufacturers, they can mean a bewildering welter of 
 > red 
 > tape that blocks access to the market. 
 > 
 > One of the hopes out for the TransPacific Partnership, a trade 
 > deal 
 > currently under negotiation, is that the trading block would be 
 > powerful enough to force China to reduce its tariffs. 
 > 
  
 --- SoupGate-Win32 v1.05 
  * Origin: you cannot sedate... all the things you hate (1:229/2)