In short, there is no argument here that the an urgent need to secure and develop Canada’s vast energy and mineral sources
does not imply that the US annexing Canada could do anything about securing those resources as they were already effectively secure. (If things in a close partner are not secure, you have failed at having an alliance).
President Trump believes that annexing Canada is a way to satisfy this need.
This is a trump is insane argument again, since the actions that he is taken deeply problematize those developments. If you were a US export orientated Canadian company, the tarrifs really hurt you.
Even if he is convinced of the previous, acting the way he has been is deeply negative EV on this front, since the Canadian government used to not really care about US dependence, so could send all resouces to the US, if they bid high, but now needs to hedge its bets to limit leverage, so cannot do so.
In short, trade barriers, the current tool, makes it harder for those resources to flow to the US (THey want to find other markets now), and increase difficulites in US investment in Canada (by complicating reverse flows of goods and capital).
Anything about the exploitation of real resources could be done by the Canadian companies if it actually made economic sense. The low investment rate implies that it does not. (The chart says nothing, why would we expect capital investment to correlate with land and not people).
Actually using military force makes everything worse on this acess, so why threaten?
This is another Trump is insane points.
In short, there is no argument here that the an urgent need to secure and develop Canada’s vast energy and mineral sources
does not imply that the US annexing Canada could do anything about securing those resources as they were already effectively secure. (If things in a close partner are not secure, you have failed at having an alliance).
President Trump believes that annexing Canada is a way to satisfy this need.
This is a trump is insane argument again, since the actions that he is taken deeply problematize those developments. If you were a US export orientated Canadian company, the tarrifs really hurt you.
Even if he is convinced of the previous, acting the way he has been is deeply negative EV on this front, since the Canadian government used to not really care about US dependence, so could send all resouces to the US, if they bid high, but now needs to hedge its bets to limit leverage, so cannot do so.
In short, trade barriers, the current tool, makes it harder for those resources to flow to the US (THey want to find other markets now), and increase difficulites in US investment in Canada (by complicating reverse flows of goods and capital).
Anything about the exploitation of real resources could be done by the Canadian companies if it actually made economic sense. The low investment rate implies that it does not. (The chart says nothing, why would we expect capital investment to correlate with land and not people).
Actually using military force makes everything worse on this acess, so why threaten?