North Shore Waste Water Treatment review paused, US EU Trade deal, Canada to stop funding hotel rooms for Asylum Seekers.

[00:00:02] Speaker A: And now News Takeaway. [00:00:21] Speaker B: Connect FM 91.5 News Takeaway segment. [00:00:28] Speaker A: Good morning Vijayji Good morning Connect Nal Connectway Good morning. [00:01:21] Speaker B: Jedi Ko Long weekend Ali Canada Day Obi Stop and go Ali Chuti Siana Mangalvadi so Atki escarque Baki Sunnah Prolonged. [00:01:35] Speaker A: Tension. [00:01:56] Speaker B: BC Day, I believe, right? Yeah, it is BC Day. Yeah. That's very nice. It's going to be warmer. Much warmer. It was. Yes. That is one of the last ones. This month is too long North Shore Wastewater Treatment Plant Speaking of controversies treatment plant or maybe even we saw wastewater treatment plant 10 point billion or almost and again a number visa which we number Jeky contractor Junuke Metro a wastewater treatment plant to Saranda Aki Ona Wastewater Solutions as in contract million dollar the compensation so not next year but March of 2027 wastewater treatment review the Ki Bandra. [00:05:36] Speaker A: Metro Vancouver legal proceedings. [00:06:04] Speaker B: Municipal election Deputy Finance Minister Peter Milburn yeah. [00:06:28] Speaker A: Projects Kicking horse Canyon Phase 4 Vancouver School Board legal proceedings so this seems to be one of those announcement exactly. [00:07:31] Speaker B: Out of court settlement out of court settlement Non disclosure agreement so Kayanu Khatra the non disclosure agreement Wastewater treatment plant total expense 10 point yeah. [00:08:22] Speaker A: Property tax Metro Vancouver so accountability. [00:09:00] Speaker B: So. [00:09:02] Speaker A: Metro Vancouver overhaul It's not sustainable. [00:09:12] Speaker B: If not more Minimum for the last year and a half. [00:09:15] Speaker A: Metro Vancouver North Shore Wastewater Treatment plant the cost overrun by five six times. [00:10:36] Speaker B: Jerry Metro Overall governance structure. [00:11:00] Speaker A: Contract negotiations Public Service employees Department of Commerce Softwood Lumber anti dumping duties 20 point something see export systems export quota system US Department of Commerce anti dumping duty 20.07% March which we are seeing 7.6% 20.07% 20.56% so AV British Columbia standalone deal based on export quotas. [00:12:30] Speaker B: I mean 90s softwood lumber sector or lack of it. [00:13:03] Speaker A: 7.66% countervailing duties anti dumping duty 7.6% 20.56% in the same vein countervailing duties the effective duties From September onwards 30 35% plus duties as it is hone is offer number page Nayam Rika Osaraji Tariff free Hojai. [00:14:53] Speaker B: Okay Countervilling duties Trust. [00:15:02] Speaker A: Account. [00:15:29] Speaker B: Perhalikari Lumber industry Salana Wood products so more than 50% of our product. [00:15:51] Speaker A: Dispute anti dumping American sarkaramaste so incentive industries so let's hope Eastern Canada Confederation Prince Edward Island Cost of living to see announcement Eastern Canada Eastern Canada Chinese companies plus to see funding Eastern Canada British Columbia Alberta Saskatchewan this could very well turn out to be Justin Trudone Galti Gitisi Heating oil. [00:19:05] Speaker B: I Love heat pump Atlantic Canada cost of living. [00:19:56] Speaker A: Definitely definitely. [00:20:07] Speaker B: BC Ferries move per passenger per passenger Marine Atlantic JDK Atlantic Canada BC Ferries Atlantic Canadian ferry users Eastern Canada the Atlantic Canada yeah Nova Scotia Prince. [00:20:59] Speaker A: Edward island take Quebec. [00:21:05] Speaker B: Unless. [00:21:18] Speaker A: British Columbians cost of living challenges cost of living. [00:21:48] Speaker B: Low cost loan. [00:22:06] Speaker A: Federal Sarkar heating oil carbon tax for context Osari discussion Shuru Hoisi north shore wastewater treatment plant it's. [00:22:35] Speaker B: Always a pleasure talking to you but Jado when you're two people talking European Union the Pradhan Ursula Wonderlandshake even European Union the Parliament European Union European Union. [00:23:29] Speaker A: So a deal. [00:23:44] Speaker B: Trade deal America billion dollar invest vikaru billion dollar worth of energy the military goods European Union European Union. [00:24:25] Speaker A: Yeah so billion dollar the energy military goods I think Donald Trump so that Donald Trump has a nice pose for truth social right European Union already. [00:25:13] Speaker B: Got a beautiful deal biggest deal biggest deal ever I don't think such a deal has ever been made. [00:25:33] Speaker A: Everybody has to play along. [00:25:46] Speaker B: European Union European Union line of defense so multiple compulsions European Union back foot theta already hagia European Union invest billion dollar worth of energy military goods. [00:26:27] Speaker A: Exactly so details. [00:26:31] Speaker B: It'S very. [00:26:32] Speaker A: Vague, intentionally vague Donald Trump billion but they were the numbers overall 1/3 Europe. [00:26:54] Speaker B: You'Re right US. [00:26:57] Speaker A: So it's close to $1 trillion per year so US as a country and EU as a block. [00:27:06] Speaker B: So. [00:27:26] Speaker A: It'S close to a 200 billion dollar deal. [00:27:33] Speaker B: Over 10 what does it mean for Canada 35% Japan NAL deal Hogi European Union null deal Hogi European Union once that gets done Dominic Washington D.C. fare. [00:29:39] Speaker A: Seriously Nali so already expectations bottom line steel aluminum tariffs golf course these are global, these are international I am very sure Canadian Ontario Quebec Canada. [00:31:46] Speaker B: Overall deal it's going to be very crucial. [00:32:16] Speaker A: Ustobad counter tariffs no see adjust Karnak American steel aluminum readjustment. [00:32:43] Speaker B: K compliant again USMCA component. [00:33:23] Speaker A: Yeah so Finance Department for April and May import duties. [00:33:36] Speaker B: J. [00:33:38] Speaker A: Promise Kita Gasi campaign counter tariffs billion dollar revenue per income tax corporate income tax collection cut plus GST collection plus carbon tax economic activity so federal level fiscal deficit Department of Finance Federal Fiscal. [00:34:36] Speaker B: Connect FM 91.5 Show News Takeaway segments bank of Canada which Federal Reserve meeting Dono Pasio Sanket expectation of interest rate more so Canada bank of Canada Shad Koibi interest rate data Trump. [00:36:13] Speaker A: I'm very disappointed. [00:36:23] Speaker B: Within 24 hours. [00:37:14] Speaker A: I'm disappointed in President Putin I'm going to reduce that 50 days that I gave him to a lesser number because I think I already know the answer. What's going to happen Nobody knows not even Donald. [00:38:16] Speaker B: World markets stability so Trump administration Global financial system the. [00:39:26] Speaker A: United States of America Bipolar world Donald Trump so Donald Trump realized Karen so Amrika comes over I am sure behind the scenes China is working very very strongly in building its relationships with other countries. Exactly. [00:41:00] Speaker B: Electric vehicles Electric vehicles Domestic energy production overall volumes. [00:41:20] Speaker A: Correct Expanded capacity More than half was sent to China so oil exports to China overall China the Foreign Ministry which ambassador as compared to a year or two before democracy about Canada we are we are an energy hungry country relationship China Canada Donald Trump Ideologically they are very different Germany China Italy the China almost. [00:44:00] Speaker B: Canada's second largest trading partner China exactly. [00:44:06] Speaker A: And I think that would be true for most of the Western countries the number one partner number two China Necessary evil Mulknay Os galnu holiholi realized Vikaraya plus Donald Trump Apna Harkita from unipolar to a multipolar world Donald Trump Amrika de Rastropathi he Catalyst. [00:44:48] Speaker B: East East Power center West shift reliable partner heavy Jannah. [00:45:32] Speaker A: Standard of living. [00:45:39] Speaker B: You'Re. [00:45:40] Speaker A: Right Western Mulkande which is standard of living stagnate. [00:45:55] Speaker B: For sure. [00:46:00] Speaker A: So we are fast progressing towards a multipolar world. [00:46:12] Speaker B: Asylum seekers know hotels Asylum seekers accommodation Asylum seekers the accommodation over and above. [00:46:54] Speaker A: Interim Housing Assistance Program. [00:46:58] Speaker B: Asylum seekers over the weekend ircc yeah. [00:47:19] Speaker A: As it is. [00:47:23] Speaker B: Over. [00:47:23] Speaker A: The weekend program it was never meant to be permanent temporary arrangements Asylum seekers the asylum seekers. Yeah so holy holy efficiencies per day per day so going forward Interim Housing Assistance Program provinces Ontario. [00:50:08] Speaker B: Housing assistance Affordability crisis hotel rehash per day on average. [00:50:57] Speaker A: Immigration policies Canadians Immigration immigration so numbers legislative changes. [00:51:21] Speaker B: Let'S see let's hope backlog I don't have that number in front of me right now Work permit benefits Government will know Refugees no yeah asylum seekers. [00:52:12] Speaker A: Asylum seekers so let's hope sustainable asylum seekers on their end I know what you mean. [00:52:43] Speaker B: This is quite telling. [00:53:06] Speaker A: Thank you.