If we assume that because of our
transportation issues farmers have lost
say 3 billion dollars the effect on
Western Canada is several times that
amount and its effect on all of Canada
is huge also.We know that farmers spend
money and it becomes someone else's
which in turn becomes someone else's and
so on. Hence the statement "Money is
made round to go round".Farmers in
general have a fairly high propensity to
spend: fertilizer, equipment, fuel...
According to the American Independent
Business Alliance the ME has 3 benefits:
direct,indirect, and induced." Typically
local independent businesses circulate a
higher % of sales locally compared to
absentee-owned businesses." Thus if
money goes to shareholders in France the
ME of this money has virtually no effect
on the local,western or Canadian
economy.The money that farmers will
never get because of lost sales, high
handling costs...(lower net commodity
prices) has a huge negative impact on
our economy.
transportation issues farmers have lost
say 3 billion dollars the effect on
Western Canada is several times that
amount and its effect on all of Canada
is huge also.We know that farmers spend
money and it becomes someone else's
which in turn becomes someone else's and
so on. Hence the statement "Money is
made round to go round".Farmers in
general have a fairly high propensity to
spend: fertilizer, equipment, fuel...
According to the American Independent
Business Alliance the ME has 3 benefits:
direct,indirect, and induced." Typically
local independent businesses circulate a
higher % of sales locally compared to
absentee-owned businesses." Thus if
money goes to shareholders in France the
ME of this money has virtually no effect
on the local,western or Canadian
economy.The money that farmers will
never get because of lost sales, high
handling costs...(lower net commodity
prices) has a huge negative impact on
our economy.