It was Mulroney and it wasn't a bad decision. The cost of taking on a 3rd world country and providing them with the social net that they would be entitled to as Canadians would have been a big burden.
Paul Martin actually tried to re-open the cause but at that time, things had improved enough in Turks and Caicos that they were no longer interested.
Huh? Total population of 45,000....we take in waaaaaaay more refugees/illegal immigrants than that per year. I think we can handle it. A little Canadian slice of heaven in the Caribbean would be pretty damn awesome if you ask me.
This would be especially nice if Icelandair ever gets direct flights to Calgary. Get a little two-day stopover in Reykjavik at no extra cost, not worry about currency... I'd be doing that on every trip I take to Europe.
Huh? Total population of 45,000....we take in waaaaaaay more refugees/illegal immigrants than that per year. I think we can handle it. A little Canadian slice of heaven in the Caribbean would be pretty damn awesome if you ask me.
Or not. I have no problem if they use our currency, or if we help them in other ways, but I do have a problem with just adopting them into our 'country.'
I don't think that is what they want either. Seems to me they are an extremely independent type of people.
I can't wait for our new line of Bjork quarters to come out.
They might be even weirder than some of the ones we've already got.
nah, should be the loonie.
a loonie loonie
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Huh? Total population of 45,000....we take in waaaaaaay more refugees/illegal immigrants than that per year. I think we can handle it. A little Canadian slice of heaven in the Caribbean would be pretty damn awesome if you ask me.
After researching it a bit, it sounds like the Turks and Caicos thing has been going on for almost 100 years with various PMs and MPs pushing for it. The issue seems to be a consitutional one. In order to admit a new province, the constitution would have to be openned, which will in turn, open up a big can of worms. Turk and Caicos seems to want provincial status and nothing else. Nova Scotia apparently gave them an offer to join their province, but they didn't go for it.
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You need to check them out without their parka's on.
Been there, done that. I'm sorry, but it's hype. The gorgeous blonde Scandinavian stereotype is a myth when it comes to Iceland. There are a handful of them, but in general they are a hearty breed.
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After researching it a bit, it sounds like the Turks and Caicos thing has been going on for almost 100 years with various PMs and MPs pushing for it. The issue seems to be a consitutional one. In order to admit a new province, the constitution would have to be openned, which will in turn, open up a big can of worms. Turk and Caicos seems to want provincial status and nothing else. Nova Scotia apparently gave them an offer to join their province, but they didn't go for it.
Valo you must have been very unlucky when you were here for seeing hot women, come by in the summer next time, outdoor festival and I´ll fix this for you.
I was so mad Canada didn´t take on Turks and Caicos, now Iceland! I really really would love this, and bringing in Canadian banks to Iceland, but this is such a long shot at best, its really a result of the distrust and dislike of the EU currency more than anything.
But its so cool to hear all this talk here in Iceland about how awesome Canada is, how stable the currency and banking system is.. Iceland and Canada would be great allies in the future development of the north atlantic, I think there is a lot of good reasons for not just taking on the currency but to develop much stronger ties.
Its a insignificant effort on behalf of Canada with such upsides if in fact our offshore oil turns out to be significant, and of course being friends in helping Canada hold rights in the north atlantic waters.
Valo you must have been very unlucky when you were here for seeing hot women, come by in the summer next time, outdoor festival and I´ll fix this for you.
I was out til 8am every night!! And even then they all looked like descendants of gnomes.
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Valo you must have been very unlucky when you were here for seeing hot women, come by in the summer next time, outdoor festival and I´ll fix this for you.
I was so mad Canada didn´t take on Turks and Caicos, now Iceland! I really really would love this, and bringing in Canadian banks to Iceland, but this is such a long shot at best, its really a result of the distrust and dislike of the EU currency more than anything.
But its so cool to hear all this talk here in Iceland about how awesome Canada is, how stable the currency and banking system is.. Iceland and Canada would be great allies in the future development of the north atlantic, I think there is a lot of good reasons for not just taking on the currency but to develop much stronger ties.
Its a insignificant effort on behalf of Canada with such upsides if in fact our offshore oil turns out to be significant, and of course being friends in helping Canada hold rights in the north atlantic waters.
This is why I like having a close relationship with Iceland. If they want to develop their oil reserves, or other natural resources, Canadian companies will be hired to help them.
I would think Canadian companies have some of the best technical expertise in order to exploit those reserves and furthermore we have world leading regulations in AB and BC that will optimize recovery and reduce environmental impacts.
The only thing I'm confused about here... is why Icelandic people using Canadian dollars in their grocery stores means they'll hire Canadian companies first (because really they won't, they'll probably hire the cheapest) and secondly, can somebody please explain to me what that dude means in the video posted by worth? He starts talking about exports and then says therefore because Canada exports lots of energy / agriculture we should use their dollar... like what is the connection there? Please tell me it isn't as simple as currency conversion dings by banks.. I legitimately don't get this.
He starts talking about exports and then says therefore because Canada exports lots of energy / agriculture we should use their dollar... like what is the connection there? Please tell me it isn't as simple as currency conversion dings by banks.. I legitimately don't get this.
If Iceland anticipates that they're going to export energy and agriculture, then it means our monetary policy would track their needs pretty well - I think.
I would think Canadian companies have some of the best technical expertise in order to exploit those reserves and furthermore we have world leading regulations in AB and BC that will optimize recovery and reduce environmental impacts.
The only thing I'm confused about here... is why Icelandic people using Canadian dollars in their grocery stores means they'll hire Canadian companies first (because really they won't, they'll probably hire the cheapest) and secondly, can somebody please explain to me what that dude means in the video posted by worth? He starts talking about exports and then says therefore because Canada exports lots of energy / agriculture we should use their dollar... like what is the connection there? Please tell me it isn't as simple as currency conversion dings by banks.. I legitimately don't get this.
That was two questions:
1) There would be an advantage for Canadian companies because there wouldn't be a currency conversion cost. It's small but an advantage nonetheless.
2) They would do better to use a currency that tracks international commodity values like the CAD because the fluctuations in the currency value would reflect the needs of their economy, which is also commodity-price dependant as they export fish, agricultural products, bauxite (Aluminum) etc..
It's good for the oil exporting part of the Canadian economy to have a high dollar when prices are high because then our dollar gets us more when we are buying equipment, it tempers inflation when we need it (the price at the pump is a lot less than it would be if we had a $0.65 dollar) and foreign investors pay more to make investments in our economy when they are driven to do so.
It's also good for our economy that when prices are low, the Canadian dollar is low because we make relatively more on our exports (more Canadian dollars per unit sold) which helps the internal economy. It tempers deflation and makes it more affordable for Canadians to invest/travel/do their buying in Canada when the economy needs it.
Because Iceland is similarly an exporting nation dependant on commodities, their currency needs mesh better with our dollar than the Euro or the USD, which are broader economies.
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Iceland does already attract some Canadian contractors. Perhaps a common currency will increase that, as well as open a door for a greater Canadian presence in the European market.
And for the record, I found Bjork sexy back in the day.
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