Canada adds 76,000 jobs in January, Canadians favors Carney over Poilievre for dealing with trump, BC to fast track renewable energy projects.

February 07, 2025 01:01:18
Canada adds 76,000 jobs in January, Canadians favors Carney over Poilievre for dealing with trump, BC to fast track renewable energy projects.
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Canada adds 76,000 jobs in January, Canadians favors Carney over Poilievre for dealing with trump, BC to fast track renewable energy projects.

Feb 07 2025 | 01:01:18

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Show Notes

In today’s episode, Vijay Saini and Vasu Kumar break down the top stories shaping Canada:

Job Growth Boom – Canada adds 76,000 jobs in January. What does this mean for the economy and workers?
Carney vs. Poilievre – Polls show Canadians trust Mark Carney over Pierre Poilievre to handle U.S. relations, especially with a potential Trump return.
B.C.'s Renewable Energy Push – The province moves to fast-track green energy projects. What’s the impact on climate policy and investment?

Tune in to News Takeaway for sharp insights, expert analysis, and all the key headlines you need every morning

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Episode Transcript

[00:00:02] Speaker A: And now News Takeaway. [00:00:15] Speaker B: Connect FM 91.5. [00:00:22] Speaker A: Good Morning Vijay Good morning Connect Null Connect thank you. [00:00:56] Speaker B: Lay economists name market trends no way Kapopna and Reuters economists it's 76,000 jobs. [00:01:48] Speaker A: Analysts analyst 6.6% hoagie jobs. [00:02:11] Speaker B: Yeah three times manufacturing the which jobs. [00:02:21] Speaker A: The public sector in fact jobs Canadians know jobs private sector with jobs Manufacturing manufacturing January which almost manufacturing job at Hund Generally we saw Chavi Devich we are ties our jobs Manufacturing manufacturing job Additional 1.9 million manufacturing jobs Automotive sector Manufacturing jobs. [00:03:38] Speaker B: Yeah so Donald Trump that remains to be seen Especially beginning of March so that remains to be seen Average hourly wage Private sector employees working in manufacturing per hour Overall private sector employees the jobs per hour so manufacturing the overall year over year basis again manufacturing. [00:04:30] Speaker A: Year over year December so wage growth has stalled Alberta which CH points sat percent Ontario which sat point 3% Quebec which Qatar punch point jar percent. [00:05:21] Speaker B: Revised down so that's been revised down that's an average of 50,000 jobs a month. So numbers revised down. [00:06:23] Speaker A: The expectation to cut jobs Unemployment rate for unemployment rate so 4% 4.1%. [00:07:00] Speaker B: We base Donald Trump. [00:07:07] Speaker A: Yeah so unemployment rates are the Canada which we cut most likely Next interest rate announcement bank of Canada hold Karzada so money markets 25 points in a. [00:07:55] Speaker B: Holding pattern so beginning of March Donald Trump Trade deficits major partners economic pain inflict so let's see Speaking of Donald Trump's tariffs Justin Trudeau Toronto, Canada U.S. trade summit host Kitajaria Economic summit Economic Summit Economic summit yeah Business leaders labor groups There is a possibility. [00:09:39] Speaker A: Canadian economy trade diversification interprovincial trade barriers Canada which investment so chemistry Donald Trump. [00:10:35] Speaker B: I think the second word is more appropriate Elon Musk Dala Department Department of Government Efficiency midnight deadline Department of Government Efficiency Elon Musk we all accept Karanwaste Kalangi midnight Elon Musk Jarahi Department of Mascala Do G and Okana Pura Can I doji Karanisari so Dojani Boston Boston. [00:12:24] Speaker A: Yeah so US Twitter so Twitter the operation one can argue anyways Donald Trump Republicans Donald Trump public administration yes, yes, yes so businesses social media deep state but the reality is bureaucrats politicians yes they drive public opinion they public opinion administration navigate upside down. [00:14:50] Speaker B: That was quite unprecedented, right? The only difference is House of Representative Senator Republicans but the point that you mentioned within the Republican establishment Congressman, Congresswoman President influence so let's see. So Treasury Department Odasara Controller Elon Musk they doj de Cold the anony young engineers hire Kitana Software engineers programming Karani. [00:16:37] Speaker A: Regular listener Pal Singh Today marriage anniversary Married anniversary A very very happy marriage. [00:17:16] Speaker B: Anniversary Happy anniversary to both of you Natural Resources Minister Federal Jonathan Wilkinson west to east pipeline Alberta Eastern Canada Pipeline Energy east pipeline Natural Resources Minister Jonathan Wilkinson a carbon tax not too long ago future green technology Donald Trump Jonathan Wilkinson Energy infrastructure vulnerabilities. [00:18:51] Speaker A: Donald Trump Natural Resources Minister Pipeline Alberta Saskatchewan Eastern Subhandiya now enrich the Line 5 Great Lakes area Ontario Canada so Jonathan Wilkinson Energy Alberta Saskatchewan Ontario Quebec Domestic supply Energy security Correct Gretchen Whitmer Michigan the governor Oil spill the Katra Lakes Jadu Keystone. [00:20:29] Speaker B: Excel pipeline they permits the Gal Chaldisi Great Lakes. [00:20:44] Speaker A: Domestic supply Energy security Oil infrastructure Are we going okay back to. [00:21:01] Speaker B: Future yes and Quebec Toronto Pearson International Airport Canada supply so Sadi Energy security Vaste not just for local transportation but also for international aviation within the Canadian territory Quebec the premier public sentiment. [00:22:22] Speaker A: Environmental groups Jonathan Wilkinson Stephen Gilbone Environment Minister Carbon tax A carbon tax Carbon tax Environmental activist Stephen Gilbo Carbon tax Carbon tax replace Karna Stephen Gilbon in a popular carbon pricing so Donald Trump attribute Politicians want us to do that to see Donald Trump leadership regardless chances are spring which he. [00:24:04] Speaker B: Successive Canadian governments Conservative stripe Liberal stripe Energy self reliance California. [00:24:31] Speaker A: Impact Assessment Act Impact assessment actor so Liberals Yes Donald Trump Liberal Party leadership race yes impact Liberal Party. [00:25:36] Speaker B: Just in Trudeau at least leadership candidates Jonathan Wilkins Energy self reliance repeat violent offenders Repeat violent offenders fight on illicit drugs already attribute Donald Trump Conservatives that is going to be about repeat violent offenders Leadership candidates. [00:27:42] Speaker A: Interprovincial trade barriers Helicopter lease temporary priority basis ending yeah Spring October yeah Pipeline so GDSE carbon tax end of. [00:30:24] Speaker B: The year Richmond Supportive Housing Project BCD Sir Karnathi within the community backlash was it in the month of August August supportive housing project Jess location Minister Ravi Kalomalo Safe consumption site Nahibana Mangi Better cameras sorry for the use of that word Richmond Council is going in front of the voters When Next year Municipality the Richmond Council approved Garden. [00:32:51] Speaker A: Public opinion it's only a political decision we can say Lord size proper location proper services proximity the problem can they be JSC business design Project designer. [00:34:10] Speaker B: Conservatives downtown east side supporting housing the projective housing regional level I think it's at the corner of Cambie and Saksmith Road already though modular housing projects so it's going to be a curious case in Richmond. [00:35:46] Speaker A: Misinformation float direct BC Housing. [00:36:11] Speaker B: Yeah yeah yeah we were talking about this. [00:36:19] Speaker A: Information I hope misinformed. [00:37:11] Speaker B: Clash between the Richmond City Council the provincial government a project inflection point Again, the reason being provincial Sarkar Datta election the City Council they have to face the voters the Richmond council political compulsions. [00:37:55] Speaker A: Yeah, so. So party establishment we are working on it. So young politician Canadians deep pockets, interest groups. So I think it's a tactic Most likely. [00:40:26] Speaker B: Before you talk the money has to talk. [00:40:28] Speaker A: Money has to talk. So Kareena Gold angry young woman. [00:41:11] Speaker B: Effectively repeat value repeat and recall value Kvari recall value repetition than Ali Bandiyan properly associated Karnashuru Kardantani Jim Donald Trump US President Donald Trump negotiate as Prime Minister Would be a good candidate would be a good leader Donald Trump negotiate at 26% sorry. Increasingly Donald Trump Mark Carney is the right person instead of Pierre Polyev so conservatives. [00:43:17] Speaker A: Christie Flyland would be the best bet to deal with Donald Trump we are not sure Canadians. [00:43:49] Speaker B: Just to give this impression. [00:43:54] Speaker A: Exactly Immediately retaliate Karna Chaida with counter tariffs. [00:44:16] Speaker B: Canadians who feel proud of being Canadians pride in the country within a matter of couple of months. [00:44:43] Speaker A: We should try to Prevent any escalation. [00:45:04] Speaker B: 78% Retaliatory measures Wine beer liquor Basically. [00:45:12] Speaker A: Trade warning that's total is about 88% dollar for dollar tariffs retaliation plus somewhat support. [00:45:37] Speaker B: So 51% support 25% somewhat support. [00:45:41] Speaker A: So that's over total 76% defense spending on defense yes we should do it. [00:46:17] Speaker B: The Sanu situation no escalate do everything possible to avoid a trade war defense spending by extrapolation Next day the evening before Katab Guachi Yakar light Chaligi Yaku. [00:47:22] Speaker A: Mixed feelings on Yasi. [00:47:43] Speaker B: All of a sudden you don't have that anymore Internet. [00:48:07] Speaker A: Yeah so can the fiber optic link Prime Minister's office Cell phones mobile network Internet phone Now one would expect Federal departments Our government got buddy shared services Canada IT Department a network. [00:49:40] Speaker B: For any other reason not that Elon Musk Cares projects fast tracking Currently the Energy Minister Adrian Dexna. [00:50:58] Speaker A: Energy Minister Health Minister Energy. [00:51:05] Speaker B: Renewable energy Renewable energy projects the approval BC Energy regulator the authority single window system approval Ministries no sign off Oil and gas the projects LNG Geothermal hydrogen projects major pipelines the projects Renewable energy projects. [00:51:57] Speaker A: Legislation yeah so legislation page Wind energy renewable projects Environmental impact assessment Wind energy projects Impact assessment legislation Reliability projects call for power issue nor wind projects the IK Solar project approved nameplate capacity. [00:52:41] Speaker B: But 15% of the total. [00:52:51] Speaker A: Hydroelectricity project the wind energy project capacity Nameplate capacity. [00:53:01] Speaker B: Right? [00:53:02] Speaker A: Right Alberta the example Othej wind projects total nameplate capacity the Kriban Panjas are megawatta high pressure system Anyways coming back nameplate capacity punches R Megawatt. Exactly. [00:54:05] Speaker B: Yeah. Electric are the range climate the factors Weather pattern Rather weather pattern is production similarly hydroelectric dams small scale nuclear reactor for reliable energy Even Vijay thermal project. [00:54:45] Speaker A: Yes, thermal projects Energy create Kara Natural Gas LNG Energy produced 1 of the examples Williams Lake David Atlantic power project Thermal energy create Kada from wood waste project the age Atlantic Power project Most likely very soon they are going to close down the project. Campbell river island generation power plant A natural gas energy create Kara the capacity expire Most likely it's not going to be renewed. So conventional energy. [00:56:10] Speaker B: Future of economy Computing power Cloud computing the Galahoriya Artificial intelligence the data centers or both Energy consume Karanwali projects Economically viable businesses reliable energy. So it's not just about domestic or industrial consumption. It's also about the way technology is heading forward. [00:56:51] Speaker A: Environmental impact assessment Licensing Environmental impact assessment More time than their construction. Environmental impact assessment. Environmental impact assessment it exists for a reason. Environmental impact assessment don't forego it. But why are you giving carve outs to a particular type of energy? Exactly. I have to work on it. Environmental impact assessment. Environmental projects. Environmental impact assessment. Environmental impact assessment. [00:59:09] Speaker B: Yes. Environmental assessment Certificate Mining Project V20 fail to open Economic viability Commodity prices Approval committed Random. [01:00:20] Speaker A: Thank you. Have a very nice weekend. [01:00:22] Speaker B: You have a very nice weekend as well. [01:01:13] Speaker A: Up a segment. Wrap up Kirigi. [01:01:15] Speaker B: Yeah, thank you.

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