November 5, 2008

The U.S. Citizens Have Spoken

Well I wake up this morning with the news that it is a historic day for our U.S. neighbours as they have made history by electing the first African American President. It is a testament to the Democratic system we still enjoy here in Canada and the USA.

So what’s next for them and us? Well, not a Democrat at heart, I have no idea what this will mean to Canadians or Americans and especially Business people. I export housing to the U.S., and have for over 12 years , and abide by the NAFTA agreement. Obama said he would re-write NAFTA. Ok, so what does that mean? I am guessing that may not be favourable to Canada or Mexico but slant to favour the U.S.

Having a fully Democrat House, Senate and President in the U.S. will mean change. Obama also said he would tax the rich and business’ and distribute the wealth. What does that mean really? Not sure, but as a Business owner myself I work hard, employ employee’s and work off the premise that if I am successful at what I do I can make a profit. If my Government started to tax me to death on my success this would not only be discouraging but also would make me think that this is not a democratic society and more of a Government controlled socialist society. I pray this is not the case in the U.S. as you will see businesses outsource more of their labour and possibly move their business right out of the Country. This would devastate an already weak economy in North America.

Please understand this is not “sour grapes” as I am just stating fact. I have lived through Liberal Governments here and now I am not proud to say that Canada is one of the highest taxed Countries in the Industrial World. I pray that the new President of the United States will unify a fractured Country and not fragment it more with extreme liberal policies. To show I am not against the U.S., I have recently invested in a new Incorporation there and even yesterday, sent for my new U.S. tax number. I have faith in the U.S. and believe God has His hand on her.

So here is to our neighbours to the South, may God richly bless you in this historic time.

Kind Regards,

Larry J Clark

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