Political commentator David Frum says there s good, bad and potentially ugly for Canadian farmers in the United States new and unpredictable Trump administration. Frum, a senior editor at The Atlantic magazine and, more recently, an owner of Ontario farmland, told the Grain Farmers of Ontario March Classic in London recently that global markets have been poor at pricing in political risk, so farmers should take steps to manage their risk themselves. The good for the economy includes a likely end to tepid economic growth in the U.S. over the past 15 years, said Frum.
There is a big tax cut on the way in the U.S. It will have two powerful and positive effects, including putting more money in people s pockets and creating government deficits. Deficits are also stimulating to the economy, said Frum, who recently took possession of a piece of Prince Edward County farmland through a family succession process. Stimulus should lead to more demand for products, including food from Canada. That fiscal stimulus will be thrown into an economy that is already growing and creating more consumer confidence.
The Trump administration has already limited some of the regulations of the Dodd-Frank Act and as a result, consumer lending will be made easier.
There will also be a lot less petty, harassing regulation, especially in agriculture, he said. The Waters of the United States regulations was one of the worst offenders, said Frum, as the U.S. Environmental Protection Agency was claiming authority over areas where water ran for limited periods of time each year. ADVERTISEMENT
The foot of government will be less on their neck and that will be a positive thing, he said. Regulatory changes in the U.S. will have knock-on effects here too.
He expects 2017 to be a bullish year and 2018 likely will be so too.
However, there are other concerns with the U.S. administration that we haven t seen from previous presidents. Not only is the Trump administration protectionist, it will be manifested in petty and capricious protectionism, through regulation, not through law, said Frum. He doesn t expect that the administration will have the capacity to renegotiate the North American Free Trade Agreement (NAFTA) anytime soon. But he expects to see petty harassment, including harassment of travellers.
Trump s travel ban, now on six countries, isn t just affecting residents of those countries, but also the large diasporas of those countries. Foreign applications to U.S. universities are already down 40,000 year over year, Frum said, and businesspeople and professionals with conferences and holdings in the U.S. are limiting their travel. A rise in interest rates driven by consumer spending and greater deficits in the U.S. could mean a rising U.S. dollar, which could help Canadian exports. It could also inflame protectionist sentiment in the administration, which has yet to find much problem with Canada. Frum s other concerns include the way the Trump family is acting and the deals they are completing to their benefit, along with cash infusions they are taking from foreign entities.
The presidential family is behaving in a way the presidential family has never behaved before, he said.
He worries about the decline in public integrity, the tradition of a lack of corruption.
It is a precious, precious thing and once it is damaged it is hard to change it. It starts from the top.
Frum said his concerns about potential ugly implications of the Trump presidency include areas harder to predict. He s chiefly concerned with the unpredictability and renegade tendencies of the Trump administration. There are members of the White House who can t even get security clearance because of their previous relationships and transgressions.
There s a real instinct for conflict and a bad instinct for bringing friends along.
Trump has also hit back at critical allies Germany, Britain and Australia. There s a potential for a conflict that the U.S. could get bogged down in and is in alone. However, Frum said, there are numerous ways that Trump could be sidelined in his tone and agenda, including by Congress, by the fact that government is paralyzed due to a lack of the many appointees needed to make it work, or by the potential Trump could find other interests that are less dangerous. The challenge for businesses is that no one knows, and unlike previous administrations, no one can predict outcomes from this administration. Managing that risk will be up to businesses themselves.
John Greig is a field editor for Glacier FarmMedia based at Ailsa Craig, Ont. Follow him at @jgreig on Twitter.
Kim Zolciak-Biermann and her 20-year-old daughter Brielle Biermann won’t be traveling to Germany anytime soon.
The reality star mommy-daughter duo were on their way back from Italy with the rest of their family when they were stopped before boarding a flight back home in Germany.
Kim took to Twitter to (angrily) recap the entire situation. “Crazy ass airport n Germany! So extra told me its my government thats why they r searching all my stuff! Throwing my wigs around & s–t,” she began.
“I went through security they searched my carry on, squeezing all my nutri grain bars, throwing my stuff around, obviously I didn’t have anything,” she continued, explaining how they had somehow missed the huge water bottle her other daughter, Ariana, had in her bag. “[They] said I needed further testing, swiped my hands & bag and said I tested positive for ‘explosives.'”
Kim said officers were yelling at her husband Kroy Biermann to “back up” before searching her again.
“Obviously I didn’t have anything,” she continued. “I had to put all my [belongings] back together & we headed to our gate, upon arriving to our gate we are met with 3 security guards who said my hubby & producer had 2 go all the way back to security and be searched again! INSANE!”
Crazy ass airport n Germany! ?? So extra Told me its my government thats why they r searching all my stuff! Throwing my wigs around & shit ????
When she expressed how “crazy” the whole situation was, Kim said one security guard responded, saying, “No it’s because of YOUR government.”
At that point, the Tardy for the Party star said they barely made it to their gate only for her producer’s ticket to be “rejected again.”
can’t wait to get back to america
Luckily, they eventually made it on their flight. “On my way to Atlanta thank God,” she tweeted. “Italy was amazing the ppl were too!! Never in all my years of traveling had I EVER experienced this!”
Brielle expressed her anger in a bit of a different way, telling Germany’s airport staff off all together.
“Germany airport every single person who works here can go f–k themselves,” she tweeted before adding, “Can’t wait to get back to america.”
The family had traveled to Italy over the last week, visiting major cities like Florence and Venice.
KINGSTON, Jamaica (JIS) The Private Security Regulation Authority (PSRA) is hosting a seminar today, March 4, at the Montego Bay Cultural Centre to educate security guards about the new health-insurance scheme. Executive Director of the PSRA, Rosalyn Campbell, said that the session, which is scheduled from 9:00 am to 1:00 pm will allow security guards to sign up for the health-insurance plan of their choice, ask questions and get free consultation.
We are doing our best in ensuring that all security guards have full access and understanding on the information about the Guardian Life health-insurance plan. We want the guards to know that the plans are affordable and will benefit them significantly, she said. Campbell pointed out that the health-insurance plan takes effect on April 1, 2017, and emphasised that there is a March 15 deadline.
Once you sign up before this deadline, all you will need is your ID and the money to start the plan. Any application after March 15 will require that you do medical, among other things. This is why we are imploring that you make use of the seminar, she said.
Campbell said that guards who are not able to travel to Montego Bay can get further information on the health-insurance plan from the PSRA office. She added that they could also complete the registration and payment at the head office as well as make a direct deposit at the Bank of Nova Scotia, King Street branch, using account number 911960. Minister of National Security, Robert Montague, pointed out recently that some 23,000 registered security guards would benefit from the self-contributory health-insurance scheme provided through Guardian Life.