Canada avoids Trumps reciprocal tariff for now, Conservative drops another candidate, BC's credit rating downgraded yet again.

[00:00:00] Speaker A: And now News Takeaway. [00:00:12] Speaker B: Connect FM 91.5 News Takeaway segment. Yes, yes. Territory of heard island and McDonald Islands, Australia. The external islands between Madagascar and Antarctica. 0. [00:01:45] Speaker A: So reciprocal tariff reciprocate 50% discount. 50% tariff. So a number tariff trade imbalance. The number. Okay, so a formula. Formula Reverse engineer trade numbers. [00:02:57] Speaker C: Yes. [00:03:01] Speaker A: So trade deficit Total imports from that country. That is 67% discount. How extraordinarily stupid. [00:03:44] Speaker B: Economist and especially study Hoagi peli apprailta katam hoegi move around Hindi do the tena prayal hoagie and all that. We could study Trump Truth Social post. The operation is over. Capital letters, all caps. The operation is over. Exclamation mark. The patient lived, doctor. The patient lived and is healing. Stock market. The prognosis is that the patient will be far stronger, bigger, better and more resilient than ever before. Make America great again. [00:05:11] Speaker A: So basically, America knew Americans. Yes. Vietnam trade imbalance. [00:06:03] Speaker C: Yes. [00:06:03] Speaker A: So that makes sense. [00:06:28] Speaker B: Whole number. [00:06:32] Speaker A: It does make sense. [00:07:01] Speaker B: Free Trade Agreement components North America Canada components Lagden components. Non US made components. Non USMCA compliant components. [00:07:36] Speaker A: Automotive tariffs they also took place. They also came into effect. Jesse. They came. [00:08:03] Speaker B: Windsor, Ontario production Roka plants Windsor Allah plant minivans starting April 7, Canadian employees impact Hong Yeah. [00:08:29] Speaker A: Total satisfaction. [00:08:42] Speaker B: Interesting. Aliyaki Amrika plants. [00:09:27] Speaker A: Situation. So tariffs know Donald Trump administration. [00:09:49] Speaker B: National Security. [00:09:52] Speaker A: Canadian tariff lake Energy exports U.S. mCA compliant goods which cover exemption Non compliant goods per company. [00:10:59] Speaker C: Yes. [00:11:02] Speaker A: Easily compliant Most of the goods they can easily be USMCA compliant Canadian goods non compliant goods. [00:11:44] Speaker B: Freedom of Information Latest Fentanyl Canada attribute or total the 0.13%. That's less than a. That's less than one pound. [00:12:09] Speaker A: 0.74 pounds. [00:12:11] Speaker B: 0.74 pounds. Wow. [00:12:24] Speaker C: Yes. [00:12:34] Speaker B: Washington State. [00:12:38] Speaker A: A northern border region Canadian Sorry American border Kilometer Alaska country of origin of 0.74 pounds total fentanyl. [00:13:46] Speaker B: Even that was less than 1% of all the illegal fentanyl Emergency. [00:14:27] Speaker A: Democrat Senators, including the vice President. So Republicans Senators. [00:14:47] Speaker B: So Democrats Susan Collins, Mitch McConnell, Rand Palte, Lisa Markovsky Symbolism. [00:15:17] Speaker A: Specifically national emergency. Illegal migrants national emergency. Now this will move to the House. So social media. This is only symbolism. [00:16:30] Speaker B: Second Chamber House of Representatives within the party establishment Trump domestic politics, especially China iPhone those are made in China. Apple Watch even for the American corporations. Those very American corporations Trump the inauguration. [00:18:15] Speaker A: As compared to the US Bellingham Bali. [00:18:28] Speaker B: Bangladesh. [00:18:49] Speaker A: Does not make any sense. [00:18:54] Speaker C: Yes. [00:18:56] Speaker B: American per year, $3,500 a cost. Electronics manufacturers, clothing manufacturers. Trump logic. [00:19:20] Speaker A: That's news. Breaking news. Trump has logic. [00:19:23] Speaker B: But Trump in his mind. In his mind. Manufacturing, labor laws, minimum wage requirements. That's the very reason in the very first place. Clothing manufacturers, electronic manufacturers. Argentina to your point. Donald Trump American economy. [00:20:47] Speaker A: So it does not make any sense. Yeah. [00:21:01] Speaker B: Pakistan. [00:21:02] Speaker A: Yeah, Pakistan. So baseline 10% European Union 20% Australia New Zealand baseline. So most likely USMCA compliant Lumber trading under USMCA Pharmaceuticals, microchips, superconductor chips. So we owe automobiles non US Parts Strategic sectors Pharmaceuticals, lumber, semiconductors. [00:22:29] Speaker B: Semiconductors. [00:22:45] Speaker A: Donald Trump so it's steel, aluminum. Correct. US compliant products reciprocal tariff with sudden ar. Donald Trump the tariffs are gaining election Inflation, cost of living. Poljao Affordability Polja Public safety Poljao Drug crisis health care Poljao Immigration. [00:24:25] Speaker B: And Y Supply management Dairy sectors without any legislative debate Tariffs, Economic Stabilization act and let's not forget so last week the dairy sector. So Canada. [00:25:57] Speaker A: Yeah. So steel, aluminum. Donald Trump. [00:26:32] Speaker B: Domestic political compulsions. Let's not forget midterm. [00:26:42] Speaker A: Donald Trump number Donald Trump 100% products faith on Donald Trump irrational. Does it matter? Does it even matter? So election which tariff at least. I'm just saying. Economy Novi Strengthen Karandi Gala Budget no balance Karandi Gala Debt fiscal prudence. [00:27:54] Speaker B: Infrastructure built. [00:27:55] Speaker A: Infrastructure built. Karandigala Healthcare Immigration system set Karandigala look. [00:28:32] Speaker B: Exactly. American President Domestic Canadian politics. So Conservative Party. [00:29:08] Speaker A: Decided this? [00:29:09] Speaker C: Yes. [00:29:19] Speaker A: Donald Trump Tariffs. This is a ballot question. Who decided this? [00:29:23] Speaker B: Yeah, yeah. Election campaign. When I was young and very handsome. [00:29:53] Speaker A: He was handsome. [00:29:54] Speaker B: You got to give him that. [00:29:55] Speaker A: Yeah, he was handsome. [00:29:58] Speaker B: Vasuji Conservative Party Their leader Pierre Polieville Kingston, Ontario. [00:30:14] Speaker A: Yeah. So problems, affordability, illegal drugs. Tariff is a serious threat. Indeed, that's the question. [00:31:14] Speaker B: So basically projected problem. [00:31:35] Speaker A: It'S continuing. [00:31:36] Speaker B: You're right. [00:31:46] Speaker A: Serious problem. Yes, I'm proposing very serious answers. [00:32:58] Speaker B: People can't buy affordable homes before their biological clock runs out. [00:33:08] Speaker A: Especially couple words. [00:33:29] Speaker B: Family start currently. Like you said. [00:34:04] Speaker A: We will not forget them. We will not forget them. We will not forget the single mothers. We will not forget the seniors. We will not forget the couple who's 36 years old. The biological clock is running faster. I cannot quote him. [00:34:39] Speaker C: Yes. [00:34:40] Speaker B: So Jerry outdated language use fertility biological clock. There are young couples across the country the affordability challenges concern is stat Canada. [00:35:34] Speaker A: Biological clock child birthday which of course what a woman goes through men can only imagine. Yes, it's a miracle of, you know, beyond Right. And yeah. So biological claw Scientifically it applies to men as well. [00:35:58] Speaker C: Yes. [00:35:59] Speaker B: Yes. [00:36:08] Speaker A: Doctors recommend. [00:36:09] Speaker B: Correct. [00:36:09] Speaker A: So biological clock. He's only thinking about women bodies fertility. [00:36:31] Speaker B: Completely unacceptable. [00:36:42] Speaker A: Me and my wife we both want second child in our family but with one working parent we can afford and we can give enough time while working. Both. [00:37:16] Speaker B: Those things should be the ballot. [00:37:19] Speaker A: Me and my wife are the ones of those who Pierre Polyav is talking about. We are earning good but still nowhere near buying a condo and planning a baby. [00:37:28] Speaker B: So so and unfortunately, this is playing out across the country more so expensive real estate markets and this is not to say real estate market. [00:37:49] Speaker A: Conservatives know we have 11 year daughter we cannot even think about second yeah yeah. [00:38:54] Speaker B: Question Hypothetical scenario. [00:39:55] Speaker A: Sadi Saptos dealing Karega it does not even matter Obandada Shraabi. [00:40:30] Speaker B: Canadian made vehicles under the rag sweep Karanda economic activity Infrastructure development Karangay activity Federal Correct I am sure. [00:41:55] Speaker A: Compensate Karna so these are challenges and challenges candidates the vetting. [00:42:07] Speaker B: Conservatives we call the Conservative Party in a drop Karate. [00:42:49] Speaker A: Should we stop these people by Canadian government Should we stop these people by Canadian government and deported to India Then PM Modi can take care of these nonsense people Nonsense Nonsense Non hyphen sense nonsense people Sensible post Jinping de King. [00:44:03] Speaker B: Of the candidates. [00:44:28] Speaker A: They came this close to becoming our MPs that's true representing us yes Cream of cream House of Commons. [00:44:44] Speaker B: It came. [00:44:45] Speaker A: To light yes. [00:44:52] Speaker B: Recently in the last few days quality of candidates across Canada this is not maybe it is not about it is not a commentary they could be, you know, very good people House of Commons Member of Parliament Skill set vision communication skills across the country Member of Parliament There is another angle of this. [00:47:08] Speaker A: House of Commons Correct Legislature. [00:47:11] Speaker B: Correct Communication skill vision Changa to see Onu communicate Nikarpar already compromised. [00:47:25] Speaker A: Yes Correct Prime Minister Leader of Opposition Communication is an important skill. [00:47:52] Speaker B: Odahichira screen financial situation credit rating Credit rating agencies downgrade Karditagya SNP BCD credit rating SNP A + Moody's AA1 Tonkata K AA2 SNP will know. [00:48:48] Speaker A: Yeah so path to balance downgrade yes. [00:49:25] Speaker B: Highest level the credit rating John Horgan Punch points are the billion dollar the surplus analysis Fiscal mismatch Government operations credible medium term plan. [00:50:09] Speaker A: Fiscal year fiscal deficit Carbon tax revenue. [00:50:25] Speaker B: Contingency reserve Public service unions they contract renegotiate so Canada US Trade war Structural deficit is not. [00:50:55] Speaker A: Because of Donald Trump yeah and spending now is not the time to stop spending when is the time to stop spending? [00:51:40] Speaker B: There was a significant number of that as well Lower credit rating Lower credit rating debt servicing cost Jay so Ote Sari Galbath. [00:52:09] Speaker A: Thank you very much thank you, have a good day Message. [00:52:23] Speaker B: Thank. [00:52:24] Speaker A: You, have a good day.