Lululemon sues Costco, Canada rescinds digital service tax, Poilievre expected to run in By Elections on August 18th.

[00:00:01] Speaker A: And now News Takeaway. [00:00:12] Speaker B: Connect FM 91.5 News Takeaway segment. [00:00:20] Speaker A: Good morning, Vijay. Good morning Connect Null Connect Good morning. [00:00:35] Speaker B: It was. [00:00:35] Speaker A: It's very good to be in the studio. Same here. [00:00:47] Speaker B: Rest is very important. [00:01:00] Speaker A: Yeah. [00:01:02] Speaker B: See you do it yourself, my brother. Copyright infringement Copyright IP rights IP rights Intellectual property rights Copyright. [00:01:57] Speaker A: Dance jockey Spider brands inspired Malbana Koscoach defined jackets ABC pants. [00:02:53] Speaker B: Is a whole store company at least Horna Co. But you know Costco. [00:03:15] Speaker A: Yeah so Dulamana customers Yada can the customers. [00:03:56] Speaker B: Canadian company American company. [00:04:01] Speaker A: It'S almost like iPhone knockoffs. [00:04:20] Speaker B: Canadian Lululemon. [00:04:36] Speaker A: Canadian company Cambodia, Bangladesh, India, Vietnam. [00:04:45] Speaker B: Yeah yeah. I think this is a testament manufacturing capacity capability manufacturing environment West Devich overall so the price oh definitely but a. [00:05:22] Speaker A: Substantial designed in Vancouver made in Asia designing the design the Mula idea idea. [00:05:32] Speaker B: Sells farmers char so percent tariff dairy farmers poultry farmers in about the middle of that message Digital service tax no trade negotiations until Canada removes the DST Canadian circle Canada retroactively. [00:06:56] Speaker A: Digital services tax key social media so online news Act Google Facebook Mexico Company Online news outlets then all online news Act Facebook Canadian users use the access so this is not news related A digital services taxa so digital online company social media Aliya company Ahon Chaheo ecommerce Aliyan company Ahon so international revenue billion dollar so international revenue $1.1 billion annual revenue so $1.1 billion Canadian revenue Canadian users generate V million dollar revenue correct 10% taxi so this has nothing news was the exclusive this applies to all digital companies online space American companies. [00:08:45] Speaker B: Online ads online marketplaces Airbnb Netflix is not a part of this Netflix Prime Video Amazon Prime Disney the Netflix Amazon prime business model subscription based Netflix I read a couple of. [00:09:31] Speaker A: Places if Netflix mentions maybe. [00:09:37] Speaker B: Netflix Netflix Amazon Prime Canadian content CRTC thank you so CRTC Canadian content Another example area which Amazon because of online marketplace Social media revenue Aria Online ads Online marketplaces Manager. [00:10:22] Speaker A: That'S news for me. [00:10:26] Speaker B: When I first came across it. [00:10:31] Speaker A: I. [00:10:31] Speaker B: Was gone to Victoria. You must have noticed. [00:10:44] Speaker A: I assumed Netflix Then it became memory for me Netflix. [00:10:55] Speaker B: The line that stood out for me it applies to Amazon but not Amazon Prime. I'm like why not Amazon Prime? [00:11:01] Speaker A: Oh, I see. [00:11:02] Speaker B: Right. That was what triggered the query in my mind. Amazon prime online ads Netflix one of the subscription models. [00:11:20] Speaker A: But regardless, this is very different from online news. [00:11:29] Speaker B: Alphabet Meta Uber Airbnb total collective Canadians are Canadian. [00:12:06] Speaker A: So yeah so Parliamentary budget Officer annual revenue of $1.2 billion budget present Kartah so Kara Manavi going forward million dollar revenue generate $1.2 billion. [00:12:57] Speaker B: We will give up this negotiation. Yeah so negotiation negotiation. [00:13:29] Speaker A: But you could argue Donald Trump is not true social Fox News Lake so can there be saddest tax loan dairy product. [00:14:34] Speaker B: American producers. [00:14:49] Speaker A: There are so many ifs and butts markets not worth it. [00:14:53] Speaker B: Right so. [00:14:56] Speaker A: But Donald Trump mentioned at least thank God for small mercies. [00:15:18] Speaker B: It was somewhere in the middle of the middle of the message. [00:15:26] Speaker A: We have been informed we have been informed that Canada we have been informed that Canada a very difficult country to trade with, including the fact that they have charged our farmers as much as 400% tariffs for years. We have been informed that Canada a very difficult country to trade with, comma including the fact that they have charged our farmers as much as 400% tariffs comma 4 years comma on dairy products, comma has just announced that they are has just announced that they are putting they are putting a digital services tax on our American technology companies coma which is a direct and blatant attack on our country country the C Capital Full stop so your digital services tax but short and crisp sentences exam numbers. They are obviously copying the EU European Union comma which has done the same thing comma and is currently under discussion with us comma also full stop a sentence so can they EU the copy car any Canada valley they can discussions Interestingly Vijay correct UK Navy DOE percent digital services tax. [00:17:41] Speaker B: Aerospace material DST digital service tax I believe France is also. [00:18:09] Speaker A: So can we based on this egregious tax comma we are hereby terminating all discussions on trade with Canada effective immediately. We will let Canada know the tariff that they will be paying to do business with the United States of America within the next seven day period. Thank you for your attention to this matter. Supply management system. [00:19:23] Speaker B: Exactly. So there are many reasons Christia Freeland maybe this was one of the reasons a trade deal Canadian Ambassador Kristen Hillman so key DST Canada Economic Security Agreement Canada Stay tuned. [00:20:14] Speaker A: Talks will now resume with a view towards agreeing on a deal by July 21, 2025. [00:20:28] Speaker B: TRUMP One big beautiful bell Republicans is one big beautiful bill Trump one being Elon Musk the others being some of the Republicans. [00:21:17] Speaker A: Revenge Taxi yes so Donald Trump knew reciprocate that could have been one of the triggers. [00:21:32] Speaker B: That's very and maybe that is also the reason billion Canadian taxi section 8, 99 tax Canadians oh multi billion dollars Canadians. [00:22:18] Speaker A: So it was to be expected Monty Jasaji honey please please please go ahead. So a very very Happy birthday to. [00:22:51] Speaker B: Mrs. Jassel Happy birthday Overall flights the cancellation delays Nav Canada they called Mulasma. [00:23:28] Speaker A: The Cartoni Air traffic controllers so can they see the boss hiring Karaya Perfect. [00:23:55] Speaker B: So can they Kikaria training yeah so within the next three to four months. [00:24:46] Speaker A: 1996 Canada air traffic Control a private company Air traffic control privatized. [00:25:40] Speaker B: Of course Ultimately long weekend busy travel day Expect. [00:25:53] Speaker A: More than 88000 passengers are expected just today just today at YVR. [00:26:12] Speaker B: Alberta the by election call political games Nikha election Karvay. [00:26:46] Speaker A: So is election OC Charagast okay the Inane Atarangast the Tariq Maksuskitiya the Vijay interesting Alivia KJD riding a battle river Crowfoot Provincial election by election Provincial election by election Separatist candidates House of Commons which bad day Prime Minister then sooner than later Separatism. [00:28:12] Speaker B: That'S the right word Delay leadership the review House of Commons of course of Commons to bar Bethel Leadership review Leadership review which we strategy It's a very long shorter opponent Conservatives the leader Conservative Party of Canada. [00:29:10] Speaker A: So let's say election Conservative Party. [00:29:28] Speaker B: Yes. [00:29:41] Speaker A: That would be the best case scenario. [00:29:42] Speaker B: That'S true. [00:29:47] Speaker A: Political capital House of Commons question periods opportunities. [00:30:19] Speaker B: As a politician. [00:30:28] Speaker A: Daniel Smith. [00:30:46] Speaker B: That was what he said Go for the kill finally yeah LNG export terminal One of the shareholders is the largest the largest shareholder Gas log Glasgow tanker British Columbia. [00:32:10] Speaker A: So yeah Canada so coastal waters so at Douglas Channel. [00:32:51] Speaker B: So. [00:32:52] Speaker A: Coastal water overall Vancouver export terminals of course Panama. [00:33:28] Speaker B: Sama Transportation. [00:33:35] Speaker A: Northeast Asia China Japan South Korea. [00:33:49] Speaker B: London based company shareholderized project Charlie percent stake is LNG so LNG Canada company JDK Sara project the Malaka Consortium Consortium LNG Canada Malaysia oil & Gas Co. Co. Mitsubishi Japan South Korea Petro China. [00:34:43] Speaker A: Yeah so Canada private investment Single private Investment More than $40 billion World superpower. [00:35:12] Speaker B: National security High definition cameras Security cameras. [00:35:32] Speaker A: DST Nazaragaya it's that random these days public perception LNG Canada project Chinese large production modules. [00:36:00] Speaker B: Yeah Charlie Billion dollar project at total that's about $2.7 billion yes, about 2.7 to $3 billion. [00:36:23] Speaker A: Coastal gas link pipeline extraction honey and natural gas drilling cost. [00:36:42] Speaker B: Running costs production the capability is LNG Canada already incentive LNG Canada Phase 2 the Expansion Clean sources Sharta Australia Extraction transportation Karanda. [00:37:48] Speaker A: Which Canada bought Picher Export Yes Export terminal projects Wood fiber LNG Cedar LNG Sea lisms LNG Tilbury LNG project so oil pipeline we'll cross that bridge when we get there so proponent private company the heavy oil the bitumen pipeline we'll cross that bridge when we get there so. [00:39:04] Speaker B: Middle of 2025 your time span processes nuts garna we are not aim nala gay projects shipment ready. Even then we are looking at a 8 year span. 8 to 10 year Spanish Canadian economy. It's going to take a lot of time. [00:40:00] Speaker A: Kado Banegi Kado Hono Construction Chaldi Very nice. It's very good to see that. Hospital Banakiti Premier David EB pipeline Northern Gateway pipeline to the north coast of B.C. trans Mountain pipeline the twinning under capacity. But as you mentioned, planning. [00:41:23] Speaker B: It'S going to take time. [00:41:24] Speaker A: It's going to take at least a few years. So protest political spat. [00:41:55] Speaker B: Genuine problem Construction proper studies. Same for the Trans Mountain pipeline as well. Construction theoretical level. [00:42:17] Speaker A: Zamini Hakikat Kivaribna Unforeseen. [00:42:31] Speaker B: Genuine delays Naobi projects. Yes, correct. [00:42:46] Speaker A: It still takes time. [00:42:48] Speaker B: NAMA approval Nana Panda Jho first nations contracts NAMI agreements Consultation Consultations. I believe next year Alberta, the provincial election. [00:43:07] Speaker A: I'm not sure. [00:43:08] Speaker B: I'm not sure. I think it is next year. Political rhetoric. [00:43:30] Speaker A: Yeah, for sure. [00:43:39] Speaker B: General election. Happy Canada Day in advance. Same for me. [00:44:01] Speaker A: Connect FM. Yeah, Connect FM. [00:44:07] Speaker B: Connect FM. CJCN 91.5. [00:44:17] Speaker A: Very close second. [00:44:30] Speaker B: What is the one thing that you like about the country the most other than Connect fm? [00:44:38] Speaker A: Very close second. Very close second. To see politically correct answer. I'm just kidding. So I said you were kidding. [00:45:02] Speaker B: You don't like me? [00:45:39] Speaker A: Is a much larger city. You could decide the pace of your life. Canada. [00:46:03] Speaker B: Life Genie. [00:46:05] Speaker A: If you like it, you know, relaxed lifestyle, choose jobs aggressive then. So that's what I like about Canada. [00:47:27] Speaker B: Okay, same for me. [00:47:29] Speaker A: Yeah. I've never lived outside of Sir Again, thank you. [00:47:52] Speaker B: Have a good and happy Canada Day in advance. [00:47:53] Speaker A: You as well. Both made one Happy Canada Day.