Another day of Trump Tariff chaos, Canadian economy adds only 1100 jobs in February, Trudeau government signs off a dozen of appointments on final days of government.

[00:00:02] Speaker A: And now News Takeaway. [00:00:18] Speaker B: Connect FM 91.5 News Takeaway segment Good morning Vijay Good. [00:00:27] Speaker A: Morning Connect Null Connect Good morning. [00:01:01] Speaker B: Narrators structure Kito article the end. [00:01:38] Speaker A: By the way Sharmajika. [00:02:02] Speaker B: 20,000. [00:02:07] Speaker A: So jobs February unemployment rate 6.6% November unemployment rates that was. [00:02:28] Speaker B: The peak provincial breakdown across the board across the country bank of Canada the interest rate meeting then interest rate meeting Honiya Aghla Buddhar Bhara March money markets which currency markets 73% bank of Canada. [00:03:06] Speaker A: 0.25% overnight lending rate 10% unemployment numbers actually Donald Trump. [00:03:28] Speaker B: Numbers during the month of March on again off again tariffs certainly. [00:04:14] Speaker A: Indian grocery stores recently furniture so. [00:05:25] Speaker B: Supply chains the bottlenecks the pressure Speaking of this U.S. job numbers U.S. bureau of Labor Statistics they. [00:06:08] Speaker A: Unemployment rate. [00:06:20] Speaker B: 47,000. [00:06:56] Speaker A: So population growth 0.1% labor force participation rate the average hourly wage growth so. [00:07:43] Speaker B: Percentage permanent employees. [00:08:01] Speaker A: Bank of Canada average hourly wage growth bank of Canada inflation in tandem Donald Trump bank of Canada interest rate. [00:09:07] Speaker B: Part time jobs full time jobs are net gain who actually. [00:09:44] Speaker A: For unemployment rate so char percent but. [00:10:00] Speaker B: Yes free trade agreement Donald Trump Free trade agreement compliance show currently Kagzi Karbai Bhatkarniya Kai exporters minimum JA tariff Jinan USMCA minimum J tariff USMCA compliant. [00:11:33] Speaker A: Yeah so it's USMCA MFN status most favored nation. [00:11:41] Speaker B: Yes. [00:11:41] Speaker A: So most favored nation status as it is for example auto sector so USMCA product Jeddah country of origin percent inputs compliance as you mentioned paperwork Manufacturers exporters depends from sector to sector one fits all kind of a formula. [00:12:42] Speaker B: Most favored nation are a Thai percent. [00:13:05] Speaker A: Manufacturers exporters compliance as you pointed out Canadian products with compliance under compliance of USMCA so MFN status so MFN status compliance USMCA they now comply rules they chose satisfy but Donald Trump. [00:14:57] Speaker B: Auto sectors so USD farming community the pressure. [00:15:40] Speaker A: Yeah agriculture products. [00:16:37] Speaker B: $30 billion worth of US goods but 3 billion tariffs. [00:17:05] Speaker A: Yeah so $3 billion tariffs billion dollars tariffs counter tariffs it's an important first step but we are still not at the end of the road. [00:18:01] Speaker B: Federal response for the foreseeable future multiple times. Can they take a colorful call Substantive discussions. [00:18:37] Speaker A: Donald Trump with a statesman. He's the most powerful man on earth. Yeah, he's the President of the United States believe it or not. Despite the terrible job he's done for Canada. I think Justin Trudeau is using the tariff problem which he largely caused in order to run again for Prime Minister. So much fun to watch. In fact Kalali press conference is looking forward to the transition in Coming days. [00:19:26] Speaker B: Or week. [00:19:38] Speaker A: He will take over as the prime minister Donald Trump out of respect for Claudia Shane Bomb thank you. Thank you for your hard work and cooperation. Claudia Shenbaum Left wing ideology mindset Donald Trump I don't know Canada so much fun to watch. [00:21:02] Speaker B: Can I say something? [00:21:03] Speaker A: Please do. [00:21:09] Speaker B: Claudia Sheinbaum President Scientist oh environment the first female Jewish president of Mexico. [00:21:25] Speaker A: Yeah. [00:21:26] Speaker B: So Claudia Sheinbaum on Twitter Canada they have you said thank you even once? Did you say thank you even once? Provincial responses Ontario the premier Doug Ford Minnesota New York Michigan States Ontario as retaliation or 25% surtax from starting from Monday Ontario. [00:22:40] Speaker A: Legislation Commercial trucks British Columbia Alaska I would want to make this correction and thank you for bringing this up. I would like to correct myself Then I found out Alaska highway so Alaska highway in Dawson Creek Fairbanks so Alaska Highway Canadian Highway Panama Canal Americans Second World War. [00:24:49] Speaker B: Correct. [00:25:02] Speaker A: Charlie Million dollar promise Donald Trump. [00:25:23] Speaker B: Yes. [00:25:32] Speaker A: Yukon highway so it changed corona but then I read more into it and I realized. [00:26:12] Speaker B: I am glad you bring this up. Infrastructure better Milandani. [00:26:55] Speaker A: Listeners see border cross fruits, vegetables These are still early days. [00:28:02] Speaker B: American cruise ships outside of the US Cruise ship industry. But with Donald Trump anything is possible. Donald Trump Russia he's strongly considering sanctions especially banking sector lasting peace the agreement agreement reach. [00:29:37] Speaker A: To put them in their place negotiation tact this is the only way he knows how to operate. [00:30:29] Speaker B: Progress temporary ceasefire with Ukraine Donald Trump yeah AVS calculus the Hisaheki Nalhoyati Joe as well Trump administration the Ukraine Pathiro. [00:31:07] Speaker A: Yeah it's God knows man highly fluid situation right now. [00:31:18] Speaker B: Federal Liberal leadership Racer I said Donald Trump time change. [00:31:37] Speaker A: Yeah so Doug Ford B. [00:32:54] Speaker B: Just as of yesterday. By the way Galbat currently Federal health minister program Mark Holland program agreement Cabinet members appointments Senator which is Senator Nuktakarna or sole responsibility in the last days of his prime ministership. [00:34:19] Speaker A: So transition phase. So we don't know Port authorities Crown corporations appointments so virtual meeting Cabinet. So even Canada Post the President. [00:35:10] Speaker B: Dominic LeBlanc but our opposition member Dominic LeBlanc. [00:35:27] Speaker A: Canada Post was one of those requests publicly list appointments Some of these appointees they serve at the pleasure of the. [00:36:07] Speaker B: Cabinet patronage appointments for the debate. No, sir, you had a choice. [00:36:32] Speaker A: Yes, similar situation. [00:36:44] Speaker B: Correct. [00:36:47] Speaker A: Most likely he's a front runner. Most likely. So Mark. [00:36:59] Speaker B: Because if he does not repeats itself. Yes. [00:37:09] Speaker A: You had that. [00:37:11] Speaker B: No, sir, you had a choice. [00:37:12] Speaker A: You had a choice. [00:37:13] Speaker B: Yeah. You always have a choice. You had a choice to say no. [00:37:18] Speaker A: This is wrong for Canada. We cannot check that. [00:37:21] Speaker B: Yes. 1984 the leaders debate majority make or break moment leaders debate which make or break. [00:38:08] Speaker A: Off the track based on a formula. [00:38:28] Speaker B: Yes. [00:38:30] Speaker A: Board meeting, debates communication director. Be very mindful. Organic debate. I take back my words. [00:40:37] Speaker B: That's the other side of it. Unfiltered organic or too organic. [00:40:42] Speaker A: You cannot blame Donald Trump for not being interesting. [00:40:47] Speaker B: You love him or hate him, you can't ignore him. [00:40:49] Speaker A: Interesting. So you can't blame him for that at least. [00:41:12] Speaker B: As free trade agreement and all that. Professor Savni. [00:42:08] Speaker A: Professor. [00:42:13] Speaker B: Again. [00:42:49] Speaker A: Yes, yes, yes, yes, indeed. Words cannot do justice. Oh, man. [00:43:03] Speaker B: So Sunday. [00:43:08] Speaker A: Champions trophy. The champion. [00:43:10] Speaker B: Correct. Sunday morning spring forward. [00:43:26] Speaker A: Message. [00:43:54] Speaker B: Thanks for making us laugh. Boli was so funny. [00:43:58] Speaker A: Made me laugh. [00:43:59] Speaker B: Alone in a sky train full of passengers. [00:44:06] Speaker A: Thank you very much, Vijay. Have a very nice weekend. Thank you very much. [00:44:15] Speaker B: Local breweries. [00:44:36] Speaker A: We will have to drink more of B.C. wine, more of craft beer from Alberta and other spirits and that's just fine with me. In all seriousness, you made my weekend. Thank you very much. Thank you.