Technically not yet elected; he was selected by his party as their new leader and therefore became Prime Minister, but he has called an election so that Canadians will be able to choose on April 28th to elect him, or one of the opposition parties.
It makes anything beyond the next month a bit difficult to predict.
Thanks.
However he got there, he sounds like he is pretty serious about the current situation.
In my case it was because Iād purchased the horse and needed to pay tax on it. I donāt think anyone knows how it is now with the tariffs just that it could theoretically impact a large amount of people
Love that!
This past summer when crossing, an agent asked what I was showing in and rattled off ā1.10m, 1.20mā etc. I was impressed!
TBD. Iāll certainly update here after I (hopefully) cross in May, but if anyone else is hauling up before then, please let us know how it goes!
I spent the entire show season in Canada for many many years. Covid hit and shut down the border and it was such a mess when they opened up travel again that I could never bring myself to sort out what was needed to cross the border. Guess I should have just asked you, @Rumorhasit93! People kept telling me I shouldnāt have much of a problem since Iāve only ever hauled my own, but it was already such a huge expense and such a huge pain that I just couldnāt take adding a single other element to it. Sad to have missed out on several years of Tbird, but donāt miss the hassle of the vet paperwork either way! Also, Tbird was a lot more alluring when there was still a currency advantage to it. Once they tweaked that out by increasing prices, it lost a lot of the draw.
Will be interesting to see how/if the new tariffs change things this summer all over again. It has never seemed like the border agents have a coherent understanding of the crossings and itās always been a 50/50 on who you get at the gate. I guess I got lucky that I never got held for any period of time, but again, Iāve only ever hauled my own horses, so way less confusion and risk.
Yes! Weāve been going all through Covid and beyond. E29B is the way to go! Tbird show bills are still cheaper - and shopping is too 
and of course air bnb, dining out, etc. it is definitely still worth it.
Many TB racehorse and broodmares cross the border between the U.S and Canada in both directions every year. My info is about 2 weeks old, but weāve been told that if a horse ships to Canada for a race or to be bred, there will be a tariff due when it crosses the border and that (potentially) the money will be refunded if the horse returns to the U.S. within 30 days. This is pretty much going to shut down the Canadian TB industry because the 30 day window is too short to be useful, and because at this point, no one is sure that the money will ever be refunded.
Referencing my post above, thereās already been a change in the tariff, at least with regard to racehorses:
Some Good Tariff News: Canadian Horses Will Continue to Cross Border Duty Free
Same info from Standardbred Canada. Might daughter might get to race in NYS yet!
Thatās interesting. I wonder if they will come up with a similar bypass for show horses.
[quote=āMHM, post:31, topic:804437, full:trueā]
Thatās interesting. I wonder if they will come up with a similar bypass for show horses.
[/quote
Considering both the the shares state about the same thing? I donāt see any different option for show horses.
Horses.nl just ran a piece stating that there will be a 20% tariff on horses imported to the US from the EU with the tariff being determined not by the point of sale but from where the horse was born, and with pureblood breeding stock excluded. It says it is not well defined what āpurebloodā means and whether open warmblood registries belong to that category.
Could be entertaining to see how the large breeders get around it. Some of their hijinks in the past have been very creative. We must watch for some great jumpers coming from Kaliningrad. Hopping tariffs, dodging sanctions.
It doesnāt seem anyone is really in agreement. Blood Horse reporting doesnāt mention purebred in regards to EU horses:
ETA the part about crossing borders for competition purposes only:
I guess the questions will arise when a horse enters the US on a carnet for showing, then gets sold here. This one time back when dinosaurs ruled the earth we had ever such a puzzle getting a horse in that situation that was actually showing in Canada at the time on the plane from Calgary to Europe. The shipping agent pretty much went bald.
Yes and this is the exact info from the NTRA which I donāt believe they would have it incorrect as the racing industry has close relations with the government and administration for tax implications (same as bloodhorse says).What-Tariffs-Mean-for-the-Industry.pdf (211.4 KB)
As well as tariffs, the hit the stock market is taking and the spike in the price of all input goods for the industry (as well as peopleās daily expenses) will take its toll.
Iām worried about what will happen to the relatively smaller shows.
The super rich people who only go to the major league shows will probably still be able to attend, even if they only bring eight horses instead of ten, or what have you.
But the smaller shows where many of the people who show there are saving and pinching pennies just to go a few times a year might really take a big hit. 
I understand, however, the AA shows at the top have been massively shrinking. Look at the numbers from 2 years ago to now, I would guess itās been a 50% cut on average. I think the one good thing about the tariffs is going to be price corrections in overvalued markets (some housing markets, the horse market, etc). The horse market has been so overvalued especially in the U.S. - the amount people have been making on horses selling them stateside has been absurd. Most horses shouldnāt be 6 figures. And the stock market while it may not cause a change in the day-to-day life of individuals, it makes everyone whether your net worth is 100k or 100 million stop and think. Vets always say the rate at which pre-purchases drop when the market drops is unreal.
Agreed re: smaller shows, because many were already struggling, even before this.
But I think even larger shows will feel the pinch. Many of those people with the 10 horses are dependent upon investment income. The stock market crash of 2008 really hurt the industry and at least then the administration was trying to stop the spiral, rather than actively trying to crash the economy. Combined with more costly feed, shavings, and horsesā¦even most of the very wealthiest people donāt have infinite amounts of money. (Not everyone is a Gates.)
Correct. There are only 29k centi-millionaires (those worth 100 million or more) in the whole WORLD, and obviously the majority of those are not equestrians. Even if 20% are (which I highly doubt), thatās less than 6000 people in the whole world. As a former investment banker and business owner, Iāve been saying for a long time the economics of the sport just donāt work for the long term. This may be the nail in the coffin for a major correction.
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