Wow, that was quick. After Obama appeased his eco-statist base last month, Canada said they'd seek business elsewhere, likely with the Chinese. Well, they've done it! From the Ottawa Citizen:
China and Canada declared Thursday that bilateral relations have reached "a new level" following a series of multibillion-dollar trade and business agreements to ship additional Canadian petroleum, uranium and other products to the Asian superpower.
Harper and the Chinese leadership said Thursday the economic co-operation agreements — and billions of dollars in new private-sector deals — signed by the two countries over the past few days are unprecedented and will open the door to additional trade and investment.
The new deals further solidify a "strategic" partnership between the countries, particularly in terms of natural resources, with China's top political leaders calling for "more large-scale co-operation" with Canada on oil and gas to feed China's seemingly insatiable energy appetite.
Harper has said building pipelines to the West Coast — such as the proposed Northern Gateway oilsands pipeline and a separate one for liquefied natural gas — is a national priority as Canada looks to ship its vast resources to Asia.
And they're talking more than just oil and gas...uranium...
Harper announced Thursday, following meetings with Chinese President Hu Jintao and Vice-Premier Li Keqiang, that the countries have struck an agreement that will allow Canadian uranium companies to "substantially increase exports to China."
...transportation, telecommunications and other lucrative investments.
Harper also announced during his speech to the business forum that more than 20 commercial agreements — valued at close to $3 billion and involving nearly 50 Canadian and Chinese companies — have been signed during the trade mission to the Middle Kingdom.
Some of the major trade deals signed Thursday feature such Canadian corporate titans as commuter train manufacturer Bombardier Inc., which has won contracts to supply rail cars and other technological expertise to Chinese public transit systems.
Telus and Bell, two of Canada's telecommunications giants, signed deals to upgrade their networks with equipment purchased from a major Chinese manufacturer.
Also, Canaccord Financial and the Export-Import Bank of China announced their plans to establish a $1-billion U.S. fund dedicated to investing in Canadian natural resources.
See what one pipeline deal could have opened up for America? All those potential private sector jobs, GONE. And the transporation, telecommunications and other technologies sound like something Obama would like for his utopia, but I guess the alternative energies (nuclear, liquefied natural gas, etc.) are too much for his flat-earth, no-growth marxist base, as Levin refers to the eco-statists.
"Obama is the best president our enemies have ever had. Obama is the best president Red China has ever had!" ~ Mark Levin
ADDENDUM: Canada even got a panda deal out of it!
ADDENDUM: Canada even got a panda deal out of it!
