Mark Carney's first confidence vote | Canada's trade deficit all time high.

[00:00:01] Speaker A: And now news takeaway. [00:00:12] Speaker B: News takeaway segment Good morning, Jaspiji. [00:00:16] Speaker A: Good morning. Connect Null Connect it's getting better. Can't complain. [00:00:31] Speaker B: You're sounding better. Of course. Listeners once a week Prime Minister Markarney the minority Liberal confidence votes Throne speech Confidence vote Press conference Kitiyokandeki Asi throne speech no support Nikarna Conservative Party Navy support Nikarna block J Elizabeth May support Karvi Dande confidence vote Non confidence the confidence what will happen House of Commons the proceedings start Minority Liberal Sarkar is confidence vote no avoid Kargi Technically. [00:03:16] Speaker A: Yeah so mentioned Geeta Don Davies the caucus meeting press conference curiosity Throne speech Did he reply to throne speech? It will be a matter of confidence this will be a confidence matter so fair Conservatives are you going to support the throne speech Conservatives most likely they will not support it Conservatives that we will vote for or against the throne speech Are you supporting it or are you against it? And we have not made up our mind yet Elizabeth to her credit so J NDP reply to throne speech so J Sport that's why everybody wanted to know Conservatives and block government Chief Whip Mark Garrett proposed Kita on division so division in Pascarna Chonya on division we want a recorded vote Recorded vote. [00:06:31] Speaker B: So. [00:06:32] Speaker A: J recorded vote the Monk Conservatives recorded vote on division with unrecorded vote so throne speech on division without a recorded vote Adopt Karli confidence Confidence matter Opposition parties We want a recorded vote political calculation politically Conservatives Canadians can with Liberals Albertans so Iswale Sadi House of Commons the Ikbari unfortunate situation Opposition Ini Kamzora. [00:08:49] Speaker B: Situation A unique situation Stronger House of Commons opposition compared to government opposition Ziada. [00:09:11] Speaker A: Strong yeah Agreement confidence and supply Agreement confidence Everything is negotiable in politics Official party status a Government leader Stephen McKinnon agreement opposition party. [00:10:07] Speaker B: Just suppose hypothetically supposed opposition Conservatives against vote no Canadian is going to like it right now Already already time within Within a matter of few days a few months Nobody is going to Canadians support so of course. [00:10:47] Speaker A: Especially Donald Trump Tariffs uncertainty Canadians want some political action Absolutely so yeah so election so and also Jasper recognize throne speech boycott Kitisi so now the politics. [00:11:40] Speaker B: And Aglas Valley does that mean Iksal the which Genevieve confidence motions on gay o isa 3 canals. [00:12:05] Speaker A: Main estimates Walla bill hair Main estimates Table 8.4% billion dollar already approved Previous pieces of legislation billion dollar appropriate health transfers operating the capital expense public service the Kamasi fairy consultants we have nothing to oppose it for support naked social services. [00:15:09] Speaker B: Canadian Union of Postal Workers Unfair labor practices the complaint Canadian union of postal workers Unfair labor practice Complain against Canada Post allegedly can they direct bargaining members not union members Information Unfair labor practice Complaint Canada Post against file. [00:16:08] Speaker A: Canada Post the Manga Josie Latest offers Latest offers yes members Union direct punch Nikar Sag members meetings videos Press releases Canada Post Canada Post the website the negotiations Canada Post the website that's a direct link between Canada Post the Crown Corporation and the employees Social media arbitration process Binding arbitration Latest offers Response Union Vale Table Current we are ready to quickly return to negotiations so Minister direction Let's hope Canada Post reporting loss revenue before tax loss. [00:19:09] Speaker B: They are in a position to go on strike that's one of the major reasons JD Canada post 14% almost 14% over 4 years so over 4 years total part time weekend part time workers so are those taking points Trade deficit the numbers all time high rate April day which Canada trade deficit all time high Record billion dollar report Exports to the rest of the world Trade deficit. [00:20:47] Speaker A: So trade deficit so trade deficit Imports exports month over month January exports to America Rest of the world Sadhana now one may think 76% of Canadian exports they land in the US trade volume lagata exports total overall billion dollar overall export the import Sadna Ringa Start point punch at billion deficit Trade deficit Motor vehicles and parts automobiles so passenger cars light trucks 22.9% so clearly so I'm sure direct cause and effect relationship but you cannot ignore this factor Tariffs merchandise trades merchandise so goods the trade surplus services net surplus this is the smallest surplus that we have with the US goods since December 2020 rest of the world so rest of world deficit second to third quarter recession bank of Canada second quarter substantially weaker performance GDP Haiki GDP gross domestic product consumption overall we are seeing Sari JD Canadians consume Karna Sari JD overall domestic demand investment Kinney Horiya Businesses invest Karani Government spending Balance of trade export minus imports we just had a trade surplus deficit Canadian case important component Trade balance Balance of trade X minus MJ Export minus imports so that's the fourth component in GDP the GDP just had a trade surplus trade deficit Billion dollar record level so this will definitely impact our GDP numbers Bank of Canada Banks so second quarter so. [00:26:19] Speaker B: Prime Minister Mark Unjustifiable and illegal. [00:26:53] Speaker A: And in parallel takes some time not much time we need some time Ontario the Premier Doug Ford can they be US Canada they are very close to a deal Ambassador in the US it's too soon to say that we are close to a deal Dominic Leblanc Harley Howard Latnick Commerce Secretary so we are very close to A deal we are in very intensive discussions Negotiations with the US Mexico announcement Hojai USMC Donald Trump he just needs media attention. So we don't know Expect anything from. [00:29:07] Speaker B: Canada Prime Minister Mark Carney or Ojada Changes Hegiyani una kani arm Lokadana. [00:29:35] Speaker A: Opposition Executive Order Personal sign Kita Shamro for the Day of Terror House of Commons Oppositional Conservatives Elbows of Prime Minister I am the man with the plan so can we expect some big announcement. [00:31:04] Speaker B: Nearly all the seats Conservative Party Janet Brown Opinion research Prime Minister Mark Carney on a scale of 1 to 10 Conservative Party the leader identical that we are very impressed with Mark Carney we are very impressed with Pierre Polyev so Alberta Liberal Party Liberal Party the leader right now the Prime Minister markarnikarni Badaldana yeah. [00:32:10] Speaker A: So Albert so Janet Brown opinion research they are very impressed with Mark Carney at the same time they are somewhat impressed they are impressed Conservative voters They are very impressed with Mark Carney percent We are somewhat impressed they are somewhat or very impressed with Mark Carney Conservative voters in Alberta so we don't know yet Liberals voters of course they are somewhat impressed with Mark Carney Albertans they are very impressed with Markarney so J 70% Albertans Carney so most likely they do not want to separate from Canada they want to separate from Canada so. [00:33:45] Speaker B: Alberta the Premier Daniel Smith impressed Lagde compared to the previous Prime Minister Justin Trudeau Justin Trudeau First Ministers the meeting Daniel Smith Edmonton Oilers Florida Panthers Final Game Game 5 Game 5 Finals Game 5 if you read between the lines, then you know what she is talking about. [00:34:56] Speaker A: Montreal Canadiens so I think British Columbia so Alberta so counter tariffs sometime not much time. [00:35:43] Speaker B: Absolutely. [00:35:49] Speaker A: Premier Xi Jinping we agreed to a trade deal. [00:36:18] Speaker B: Respected respective teams will be meeting shortly. [00:36:23] Speaker A: That'S yet to be decided. [00:36:24] Speaker B: Yes. [00:36:27] Speaker A: Treasury Secretary for Howard Latin Important Development bank of Canada China uncertainty. [00:37:25] Speaker B: Two great nations the presidents that was focused almost entirely on trade Russia, Ukraine, Iran Trade focused. [00:37:54] Speaker A: I just concluded a very good phone call with President Xi of China discussing some of the intricacies of our recently made and agreed to trade deal. [00:38:03] Speaker B: Yes. [00:38:04] Speaker A: So trade deal. So trade deal Val Isharahuria the Apostkan Molakato.