2 ms·
1. It's per capita income that determines how equalization payments are made. Alberta has a per capita GDP of $78K while Scotland's is $43K (both according to
by beloch 10y ago
1. It's per capita income that determines how equalization payments are made. Alberta has a per capita GDP of $78K while Scotland's is $43K (both according to wikipedia). Total size of the economy is not the determining factor here. Equalization payments are made to equalize the standard of living between provinces, not the total size of their economies.
2. As I said, how Scotland secedes and how the U.K. chooses to respond would set precedents that would remove many of the scary uncertainties around secession for Quebec. It could make it more appealing. Separatist sentiment is currently low, but ebbs and wanes.
6. True. Not impossible, just difficult.
7. Cheese from Quebec vs cheese from France: Which will be cheaper and more competitive in Scotland? Travel between Scotland and Canada will still be a lot more expensive than travel between Scotland and Europe too. It's actually far cheaper and faster to travel from Scotland to France (or even most of Russia) than from B.C. to Newfoundland at present. As for access to the U.S. market, who knows what NAFTA is going to look like in a couple years? U.S. trade protectionism is ramping up in a serious way right now.
- mthoms 10y ago1. Don't forget to convert the $43K figure into Canadian dollars. Doing so brings it well above the Canadian average of $53.8K. So, you're still being misleading and the point still stands. >Cheese from Quebec vs cheese from France: Which will be cheaper and more competitive in Scotland? The idea that "some products will be more expensive to import from mainland Canada than Europe, therefore it would be of no net economic benefit" is deeply flawed. That just doesn't make any sense. Ditto for the travel costs. Physical distances are increasingly irrelevant in modern economies. What about Finance? Biotech? IT? What about oil and gas or renewables like wind and tidal power? Scotland is very strong in these areas and has a highly educated population (university is free). In fact, this article from 2014 claims it has the best educated workforce in Europe (though to be fair there have been significant reports of trouble in recent years): http://www.independent.co.uk/news/education/education-news/scotland-the-best-educated-country-in-europe-claims-ons-report-9497645.html http://www.independent.co.uk/news/education/education-news/s... So far you've made reference to Scottish Whiskey, Haggis, French cheese and the time it takes to ship (or travel) between places... I can't help but think you're using some very out-dated stereotypes in your thinking.