Carney and Cabinet to be sworn in on Friday, Canada won't remove tariff on Chinese EV's, Canadian officials in Washington DC today.

[00:00:02] Speaker A: And now News Takeaway. [00:00:13] Speaker B: Connect FM 91.5 News Takeaway. A very good morning to you, Vijay. [00:00:23] Speaker A: Good morning to you as well. Connect Nal connect Good morning. [00:00:29] Speaker B: The it was interesting. Governor General Mary Simon the official residence. Governor General the official residence. So just introduce the cabinet. [00:02:21] Speaker A: Most likely So cabinet. [00:02:48] Speaker B: Just introduced. [00:02:52] Speaker A: So Prime Minister Cabinet we now dissolve. So Prime Minister okay. He's going to choose a smaller cabinet weak member even in national media. [00:03:48] Speaker B: So Parliament prorogued. Prorogued Parliament. [00:04:08] Speaker A: Sources Most likely next week election call Most likely sometime next week he is going to call an election. Exactly. But election to Pelna Apnea Caucus day members Cabinet members. [00:05:32] Speaker B: Within a matter of a few weeks to see electoral, electorate, constituency. [00:05:42] Speaker A: So politically this does not add up. Important ministries changes so Dominic Leblanc Marini Jolie Hoge Francois Philippe Champagne Important ministries. [00:05:58] Speaker B: Especially US Tariffs the trade war. [00:06:04] Speaker A: So Dominic Leblanc Francois Philippe Champagne Howard Latnick also leadership election leadership race with Shamal Ho Sakden but they chose their cabinet position over running for leadership. [00:06:34] Speaker B: Dominique Leblanc Francois Philippe Champagne Melanie Jolie. [00:06:43] Speaker A: So important portfolios. [00:06:49] Speaker B: That's true. Mark Carney is just like Justin. So line of messaging Line of attack blood test Doug Ford Ontario the Premier Federal Finance Minister Dominic Leblanc the federal Industry Minister Francois Philippe Champagne Washington D.C. u.S. Commerce Secretary Howard Latnick Donald Trump the administration Navy Steel Washington D.C. understanding established. [00:09:16] Speaker A: Yeah so Vijay is meeting day vaste Harvard Latin invite Kita dark fort no a meeting request. So Patani Kinik so Dag Ford excitedness meeting waste expectations is meeting to coffee the ace meeting the which Dominic Leblanc Francois Philippe Champagne Kirsten Hillman Ambassador Canadian. [00:09:50] Speaker B: Ambassador to the US to the US. [00:09:52] Speaker A: So so it's meeting as you mentioned Doug Ford So expectations what's the way so USMCA the renegotiation Donald Trump so so Doug Ford or USMCA the renegotiation here Dominic Leblanc this meeting is not about USMCA reciprocal tariff Canada US Mexico Canada will not oppose it. We are ready for that. [00:11:33] Speaker B: About the free Trade Agreement. So Canadian team. [00:12:00] Speaker A: We expect to have a nice conversation. We will try to bring the temperature down but we will wait for the new Prime Minister and then we are going to talk. [00:12:16] Speaker B: It only makes sense. [00:12:34] Speaker A: Puzzle is Halvi Hojana they did a sate lead negotiator name Okarinina Edibario Galbatiyanal meeting Horiya we said of temperature toned down Karna Asal Galbata which actually makes sense. So can they It's Going to be a better relationship than with Prime Minister Trudeau. Can there no disrespect to Prime Minister Trudeau. I can tell you one thing. Mark Carney has an extremely astute business mind. He understands numbers. Mark Carney understands. He's good with numbers. [00:13:59] Speaker B: Is good with numbers. [00:14:04] Speaker A: Good with numbers. Anyways. So again he understands numbers and so does President Trump and Secretary Latnick. I think they are going to get along very well. They both come from the same financial sectors. So Justin Trudeau, financial numbers, business world. [00:14:29] Speaker B: Billionaire financier. Financial markets. Donald Trump, the Commerce Secretary Mark Carney Hamilton Steel factory. To have a direct conversation with Donald Trump. [00:15:23] Speaker A: It should be under a position where there is respect for Canadian sovereignty. Let's talk like adults. [00:16:30] Speaker B: This was one of the main points of election call. And then we'll get into a federal election campaign again. A lot depends on the day of the election. [00:17:02] Speaker A: Why is Doug Ford behaving like a Prime Minister? He is just Ontario's premier. He should let Prime Minister and his team do the talking. Because of this transition. [00:17:20] Speaker B: Correct. [00:17:35] Speaker A: Officially engaged. So maybe next week we can expect Mark Carney to be more aggressive about it. Council of the Federation. [00:17:48] Speaker B: Correct. [00:17:54] Speaker A: Council of the Federation Electricity Export. There is some guy. [00:18:14] Speaker B: Some guy in Ontario. [00:18:16] Speaker A: So Dominic LeBlanc negotiation tactics. Donald Trump Ontario. We are going to win this in one hour. Some guy in Ontario. We were trying to put him in place. We were trying to cut him down. Tactics. So that's how they operate. Vijay Puri Industries are. [00:19:07] Speaker B: Jobs. There is some guy in Ontario. [00:19:23] Speaker A: So Galu. Do we need to be this much aggressive? [00:19:34] Speaker B: There are two different schools of thought. At least Canada. [00:19:54] Speaker A: Daniel Smith. Daniel Smith Conservative stripe. Things have slightly settled down. This is the new normal. [00:20:48] Speaker B: Kavi Bhati Zada to see Halchal Karke to see Jinnah J. To see. [00:21:09] Speaker A: Daniel Smith. So. [00:21:25] Speaker B: Donald Trump the economic economy, the handling approval. More than 50% are disapproving Donald Trump. [00:21:37] Speaker A: So can they arm public opinion? Even one of the administration members. He will have to tone down the narrative. We need to avoid escalation and play the long game. [00:22:37] Speaker B: There are certain numbers. 1, 2, 3, 4. It has happened on so many occasions. Does that happen to you? Does that happen to anybody? [00:23:12] Speaker A: In between meals? If I'm not mistaken, you could say. [00:23:16] Speaker B: That. [00:23:27] Speaker A: In between the meals. In between the meals are so. In between meals. [00:23:44] Speaker B: But does it happen to you? Is there a particular time on the clock? Like it's so common. I am very surprised. Amazed. Okay. Of all numbers. [00:24:10] Speaker A: 4, 27. 27. For example. That doesn't Happen with me. [00:24:48] Speaker B: That's a good idea. Triplets bandana number 444555 serious problem. [00:25:57] Speaker A: Coincidence lottery. Exactly. [00:27:08] Speaker B: Only 5% of people to get to see those numbers. Not everyone gets to see the angel numbers etc. 91.51234 chronological number anyway G8 Kat G7 Marco Rubio US Secretary of State Marco Rubio of course again reason being Donald Trump the trade war yeah so is. [00:28:32] Speaker A: Meeting Foreign affairs minister name Melanie Jolie Bilateral meetings Foreign affairs ministers secretaries one on one meetings response coordinate coordinated response. [00:30:00] Speaker B: Donald Trump the trade war Kirk Economic circumstances Donald Trump. [00:30:31] Speaker A: Counter tariffs announced Donald Trump aluminum tariffs exemptions American whiskey so Donald Trump one of the most hostile and abusive taxing and tariffing authorities one of the highest tariffing nations in the world Hostile and abusive taxing and tariffing authorities in the world which was formed for the sole purpose of taking advantage of the United States has just put a nasty 50% tariff on American whiskey. If this tariff is not removed immediately, then the US will shortly place a 200% tariff on all wines Champagnes. Champagnes. Champagnes Alcoholic products coming out of France and other EU represented countries. This will be great for the wine and champagne Business in the U.S. champagne region Donald Trump wine and champagne business in America Sparkling white wine I'm sure he knows It's Tesla McDonald's the phone number Yadon autoplays because he's an old style guy. [00:33:45] Speaker B: Right? [00:33:46] Speaker A: Tesla it's all computers before it's all it's just a computer. [00:34:27] Speaker B: Products Chinese electric vehicles Canadian government Chinese electric vehicles. [00:35:38] Speaker A: Yeah so obviously election area Canadian market which are China electric vehicles Ontario Quebec auto sector. [00:36:01] Speaker B: Subsidies production based Ontario electric vehicles multi billion dollar subsidies attract currently incentives Sweden Swedish company north bankruptcy declared another plant I believe. [00:36:39] Speaker A: Private investment billion dollar total project North Volt Giga factory electric vehicles batteries manufactured as you mentioned is Swedish company Sweden Sweden Alijiri company Sweden Northvolt AB parent company bankruptcy declare Karthiya BMW efficiency measures Sweden Ali company parent company A main company Northbolt above so sath billion dollar total project see Federal Sarkaran Dunan Total Doe point Sath billion dollar 2.7 billion supports promise north bolt range Karna right so plus on top of that assets bankruptcy proceedings filed North Volt Germany North Volt North America okay so did he parent company or Northvolt AB fully owned subsidiaries so impact. [00:39:39] Speaker B: 150 electric truck lightning gas powered pickup trucks because of this political turmoil so any uncertainty auto sector devichikta type of vehicles Donald Trump Canadian auto sector. [00:40:46] Speaker A: Automobile sector economy so Economically, politically, it will not make sense. Immediate sense in the long run, yes. Diversify. So diversification. [00:41:12] Speaker B: I think it just goes back to the point earlier in the conversation mentioned Daniel Smith. [00:41:22] Speaker A: Play the long game. [00:41:23] Speaker B: Play the long game. Domestic politics. [00:41:56] Speaker A: As it is. National security review trigger FDI this month which foreign direct investment. Foreign investment security. National security review Correct. [00:42:24] Speaker B: Hostile takeovers. [00:42:26] Speaker A: Trump weakness. Temporary operations band. So just because of this. Thank you for bringing this up. Everything is connected. [00:42:57] Speaker B: Front election campaign, most likely federal launch. Federal election campaign. Donald Trump. Specifically Canada. Key election campaigns around Trump Canada the economy or will he stay quiet Election. [00:43:42] Speaker A: Campaign Can they Only a leader, a netaji like Vijay bhai can make Canada great again. Only a leader like Vijay bhai can make Canada great again. Nice. [00:44:56] Speaker B: Launch. Promote Nikar. [00:45:34] Speaker A: Thank you for that message. Kitchen cabinet. The PhotoHK Facebook kitchen cabinet. No. [00:45:55] Speaker B: Okay. [00:46:01] Speaker A: Valaslini Duji Galjarin photo park. [00:46:06] Speaker B: Photo park. [00:46:07] Speaker A: Cabinet. Jatis Mani Piyanda Khadijam photo pageant message. Thank you very much. [00:46:54] Speaker B: Office fireplace. I think three seater. [00:47:33] Speaker A: Politics. [00:47:53] Speaker B: And Trump. [00:47:57] Speaker A: He genuinely believes in this. [00:49:27] Speaker B: This is one of those. [00:49:28] Speaker A: This is definitely no poetry beyond. Thank you very much. [00:49:33] Speaker B: Thank you very much.