Episode Transcript
[00:00:01] Speaker A: And now News Takeaway Connect FM 91.5 News Takeaway segment.
Good morning, Vijay.
[00:00:24] Speaker B: Good morning. Connect Now Connect Hois.
Good morning.
Garmi.
[00:00:38] Speaker A: Temperature I think as in record keeping Vasita.
[00:00:52] Speaker B: But got better in the evening.
[00:01:00] Speaker A: Parajivi Garmir they make sure in between so that cooldown Honda Attorney General of Canada and others.
In fact Supreme Court ideology political lens.
So Barbara Young appointment Stephen Harper Lulu Island.
[00:03:07] Speaker B: Southeastern corner square kilometers percent Grant Kitagya claim by the Court.
[00:03:51] Speaker A: Jizaki Namdasi British Crown Sovereignty British Columbia British Colony British Columbia, Canada Basically BCD Supreme Court over a sizable piece of the land Amazon Ikea the distribution centers Wayfarer Distribution.
[00:05:08] Speaker B: Center Day private businesses, distribution centers, warehouses ownership Federal Sarkada Provincial Sarkada City of Richmond, the coach Vancouver Port Vancouver, Fraser Port Authority private companies, individuals.
[00:05:35] Speaker A: Interesting.
First Nations First Nation band First Nation.
[00:05:58] Speaker B: Couch in tribe is one of them.
First Nation. So Mukadma technically cow chin First Nation First Nation Vancouver Fraser Port Authority and First Nations. As you rightly mentioned.
First Nations They Vancouver island fishing village, summer fishing village.
Modern title first nations the title.
So First Nations.
It supersedes any private claim.
[00:08:06] Speaker A: Ownership like title registration fee, simple title. Basically owner house, property.
Of course, bylaws, the environmental laws, Land Title Act, Aboriginal title, Land Title Act.
[00:09:20] Speaker B: First Nation Couch in First Nation.
Judge went a step further.
Reconciliation does not mean that Indigenous peoples must always sacrifice their right to their established interest in land.
Fee simple interests in this land are not superior to Aboriginal title interest.
They do not take precedence over Aboriginal title. Aboriginal title does.
[00:10:17] Speaker A: So that which B.C. government port authority, Tvasan First Nation, Mesquem Indian Band, City of Richmond and of course Federal government as well First Nation.
This is leading to a very big conflict.
[00:10:52] Speaker B: Yes.
Okay. As you mentioned, modern day property rights, Amazon, Ikea, Wayfair corporations, the warehouse, the distribution centers.
[00:11:40] Speaker A: Fuel delivery project.
[00:11:45] Speaker B: Warehouses, distribution centers.
Going forward.
[00:12:07] Speaker A: Is this a clear title?
Encumbrances are listed Blueberry Farm.
[00:12:31] Speaker B: And by extension entire British Columbia. Yes, disputed land.
[00:12:40] Speaker A: More than 200 First nations groups United nations.
[00:12:53] Speaker B: Land acknowledgment.
[00:13:07] Speaker A: Exactly.
[00:13:08] Speaker B: So this is an extension of that.
[00:13:10] Speaker A: Yeah.
[00:13:19] Speaker B: They do not want to escalate this much.
Reconciliation British Colombians Reconciliation bar. Seriously, reconcile. Reconciliation.
Reconciliation.
We should not go this far.
[00:14:18] Speaker A: Negotiate resources establishment set up.
If this is J. Couchin Nation particular First Nation group. So a coffee landmark judgment.
[00:16:07] Speaker B: Ultimately settlement First Nations.
[00:16:12] Speaker A: No. Yeah.
Any kind of money.
Exactly.
[00:16:30] Speaker B: City of Richmond.
[00:16:57] Speaker A: Of course.
Provincial Sarkarna already Kata appeal Karangay City of Richmond was in First Nation Vancouver, Fraser Port Authority Attorney General Nikki Sharmani United Nation Declaration on the Rights of Indigenous People.
[00:17:47] Speaker B: Distribution center Because of our proximity to the border industrial parks, warehouses it would be not an overstatement to say businesses.
[00:18:15] Speaker A: Already Specifically businesses with big infrastructure project First Nation Aboriginal.
[00:19:37] Speaker B: Exactly.
[00:19:58] Speaker A: So Julie practicality versus idealism, I think Dr. Victoria understanding Fraser health employer the CEO health critic South Surrey White Rock, BC Conservatives legislature this floor Health Minister Egal clear Karan K Dr. Victoria in due course protocol Dr. Victoria Lee severance totally.
[00:21:27] Speaker B: Annual compensation see Dr. Victoria vacation package pension benefits can they determine retroactive so installments.
[00:22:18] Speaker A: 377,000 base salary benefits up to $16,000 one time job search allowance yes Qualification employees leadership position which when they attract Karnani private sector competent Bandai Nah Private sector Private sector no doubt Fraser Health extended Nayraki.
[00:23:55] Speaker B: They filled a date though Sarni Aglay salary job of Karnini.
[00:24:05] Speaker A: Jado Masuji Dr. Victoria Lee Fervir dues Fraser Health Interim president and CEO hierarchy immediately Lynn Roberta Lynn Roberta Stevenson Mid February around mid February Victoria Interim CEO Interim president and CEO salary and benefits so he monthly salary that's more about $50,000 a month Fraser Health Authority emergency rooms I believe dead specialist.
[00:26:00] Speaker B: Management.
[00:26:03] Speaker A: Health.
[00:26:03] Speaker B: Care management so the election campaign Premier David promised healthcare Health authorities Review trigger Karna so ph Essay the review trigger Kita Ga March Vancouver Island Health117 non union jobs Managerial ranks so a management job Provincial Health Services Authority Non union jobs the managerial rank jobs Ph SAD CSO Chief Strategy Officer CSO Chief Strategy Officer so she's also been let go finance which business operations which health system Intelligence the BCCDC center for Disease Control they have been let go.
[00:28:01] Speaker A: Across Canada per year dead billion dollar private nursing agency Health authorities Health authorities no funding Health authority the doctor yeah Nurse Health authority maybe Vancouver Coastal health region maybe doctor available Vancouver Coastal Health.
[00:29:12] Speaker B: Hiring freeze for non contract and non union roles Conferences authorities.
[00:29:43] Speaker A: Maybe when cover they which health authority.
[00:30:02] Speaker B: Internationally trained healthcare workers this is stupidity.
[00:31:24] Speaker A: Between US and China negotiations with 30% tariff.
[00:32:00] Speaker B: Yeah so negotiation the export so understanding rare magnets Sweden.
[00:33:16] Speaker A: American negotiators the Chinese negotiators.
[00:33:39] Speaker B: Tajayaga meeting Hosaki phone Kirk invitation First Lady Beijing.
[00:34:00] Speaker A: Why not.
[00:34:35] Speaker B: Aposti which agreement Hoga Donald Trump yeah Donald Trump own commission agent Bangini.
[00:34:40] Speaker A: Basically Nvidia AMD advanced chips Artificial intelligence the models new engines actually Biden administration Navy and a company artificial intelligence Biden Administration Compliance America.
[00:36:11] Speaker B: 15% Commission Donald Trump administration National security.
[00:36:25] Speaker A: National security so.
[00:36:30] Speaker B: It'S either a national security risk or it's.
[00:36:32] Speaker A: Not so Jeddah Amrikada national security tariffs market share Artificial intelligence Deep seek we it would rather be advantageous American company China homegrown chips the development domestic market international competitor.
[00:37:38] Speaker B: 5G the Vetcher China 5G Valley race.
[00:38:14] Speaker A: Recent quarterly report end of.
[00:38:17] Speaker B: April.
[00:38:21] Speaker A: Nvidia billion dollar revenue restriction H20 chips China total revenue the US government and AI chips the sale Nvidia Nvidia billion yeah commitment.
[00:39:19] Speaker B: National security price billion dollar per quarter per quarter.
[00:39:30] Speaker A: Though fair national fear electric vehicle basically Chinese electric vehicles are Canada effectively Band America.
[00:41:24] Speaker B: Vancouver Extradite Karna Deport Extradite Karnaspi Jaga Trade Downtown conference Can you imagine Canada unthinkable Sadhana Sari trade.
[00:43:03] Speaker A: Anti dumping duties.
[00:43:14] Speaker B: Anti.
[00:43:14] Speaker A: Dumping duties Canadian.
[00:43:23] Speaker B: Electric vehicles anti dumping investigation Anti dumping duty it's nothing that cannot be resolved China the ambassador named Canada Donald Trump.
[00:45:00] Speaker A: Message contribution program.
[00:45:35] Speaker B: Basically.
[00:45:51] Speaker A: Job numbers in the month of July per transportation the warehousing transportation company trucking company driver incorporated numbers in transportation and warehousing could be yeah so contributing factor Canada Canadians returning from the U.S.
canada the U.S. the border cross Canada Canadian land border cross Kirk so returning Canadians are number so Canadians significant level of tariffs inflation.
[00:48:32] Speaker B: Yeah the economists forecast year over year inflation I'm sure Donald Trump percent year over year inflation month over month they can get is July which 0.0% month over month 0.1% core inflation interest rate decisions food cost energy cost 10.8% inflation the month over month 0.10% core inflation month over month June which is 0.2%.
[00:49:44] Speaker A: Inflation interest rates financial market which like survey quarterly survey participants bank of Canada so Puja points the cut within this year.
[00:50:21] Speaker B: Donald Trump has expected post Bhati social thing inflation Trillions of dollars are being taken in on tariffs Umrika jar in it trillions of dollars which has been incredible for our country, its stock market, its general wealth and just about everything else. It has been proven that even at this late stage, tariffs have not caused inflation or any other problems for America other than massive amounts of cash pouring in our Treasury's coffers.
Also it has been shown that for the most part consumers aren't even paying these tariffs and it is mostly companies and governments companies, many of them foreign picking up the tabs. But David Solomon and Goldman Sachs refused to give credit where credit is due. They made a bad prediction a long time ago on both the market repercussion whatever Goldman Sachs so must now lower the rate.
[00:52:13] Speaker A: Chinese AI market Nvidia AMD sentiment positive yeah let's see quickly oil demand world oil demand world oil demand which total million barrels per day Forecast barrels per day non OPEC plus nations Canada non OPEC plus nations don't we tail the supply global demand non OPEC plus nations on the tail the supply cut plus nations yeah the OPEC plus.
[00:54:02] Speaker B: Nation oil the price no maintain current master production global market the OPEC plus nations oil demand that will increase by 1.38 million barrels per day projection 8 million barrels per day.
Million barrels per day. So 40% of UPAK barrels per day output demand supply barrels per day outside of opec.
[00:54:56] Speaker A: So Jay, global oil demand overall economic activity optimistic.
So.
[00:55:21] Speaker B: Donald Trump starting with Russia and Ukraine the Middle east plus of course Donald Trump himself global conflicts.
[00:56:22] Speaker A: So key Trump the tariffs global economy.
[00:56:32] Speaker B: True social.
[00:56:35] Speaker A: Is equal to RHS.
[00:56:42] Speaker B: Economic theories.
Thank you Vijay.
[00:56:47] Speaker A: Thank you very much. Have a good day.
[00:56:51] Speaker B: Thank you Vijay.