Tariff threat: Premiers & PM to meet in Ontario, BC government faces tough contract negotiations, Canada Post Union starts voting on employer offer.

[00:00:01] Speaker A: And now News Takeaway. [00:00:15] Speaker B: Connect FM 91.5 News Takeaway segment Good morning Vijay Good. [00:00:23] Speaker A: Morning Connect Null Connect this way. [00:00:55] Speaker B: Between 1969 and 1972 moon missions. [00:01:04] Speaker A: Ultimately it all boils down to political will. [00:01:17] Speaker B: We will put a man on the moon. [00:01:28] Speaker A: Technology Canada. [00:02:00] Speaker B: 35% tariff level of concern among Canadian politicians Federal level they own. [00:02:40] Speaker A: There'S little evidence no evidence no evidence so a little evidence it's little evidence we almost no evidence it will have no tariffs in fact Canada market US Products so Prime Minister Indigenous leaders Prime Minister Navy series of meetings starting with First Nation leaders infrastructure projects concerned so concerns the anxieties address Karnamaste meetings so AAD SARI Premiers Indigenous leaders British Columbia tariffs Auto sector Aluminum tariffs. [00:06:18] Speaker B: Without any retaliation. [00:06:31] Speaker A: Ultimately US Consumer Yes Suppliers businesses definitely steel aluminum tariffs energy sector Just an example Just an example Josium Ricato Mungonia JSC Counter terror Canadian users. [00:07:28] Speaker B: Ontario There are There are many food items product of USA inflation the national headline Inflation Counter tariffs impact bank of Canada. [00:08:08] Speaker A: Internal trade barriers so 1 Canadian economy 1 Canadian economy so north of Toronto so Memorandums of understanding Internal trade where labor mobility issues discuss current wildfire response discussion Health public safety Immigration standard issues Major infrastructure projects. [00:09:51] Speaker B: Feasibility study Doug Ford Daniel Smith agreement signed Ontario. [00:10:10] Speaker A: Critical Minerals Canada the West coast rail corridor Alberta Energy sector Energy products Ontario page Corridor pipeline so let's see Memorandums of understanding they are non binding. [00:11:01] Speaker B: Premieres meeting Horiya Ontario Cottage country. [00:11:14] Speaker A: Democrat Senators Trade negotiation US the Senate the Committee on Finance they will reaffirm importance of trade ties between US and Canada foreign. [00:12:14] Speaker B: Between now and August 1 European Union retaliatory list with the Archery Understanding European Union Navy American goods. [00:13:11] Speaker A: Collateral damage. [00:13:25] Speaker B: Festival of Lights the Saturday there is a very strong chance Honda Festival of Lights fireworks display Corporate sponsor Yes Millions of dollars Local economy I guess provincial government See okay one of the two levels of government I think Provincial Provincial funding so provincial Sarkar Vaste Provincial Vastavi specifically provincial government BCG EU BC Government the General employees and there is a chance of Pandra billion deficit. [00:15:20] Speaker A: 10.9 billion yeah carbon tax real estate Real estate property transport tax so. [00:15:48] Speaker B: Income tax There is a lot of demand on those resources. [00:16:10] Speaker A: Yeah so union employees so total management employees contracts so bcg ud a negotiation chalraya qpdb negotiation chalraya where bc nurses union bc teacher federation hospital employees union. [00:16:55] Speaker B: So 183 such contracts and the purpose of that contingency is that's not a one time expense $53 billion per year. [00:17:37] Speaker A: Say percent in next two years they do percent yes so per year over three years so close to 5%. [00:18:37] Speaker B: Understanding. [00:19:02] Speaker A: So so as it is project remote work modernized contract most likely mid August. [00:20:28] Speaker B: Total workers Canada Post the union Workers Canadian Union of Postal Workers Day offer employer. [00:20:59] Speaker A: Yeah we should not accept any such offer now is not the time to give up 13% over four years offer Kita Jaria Union signing bonus part time workers weekend parcel delivery so membership frustrated per hour Maximum four hours so members of course they want better wages and they want the contract to be settled in their favor. [00:22:51] Speaker B: Socialist union. [00:23:46] Speaker A: Canada Post the strike members per week. [00:24:02] Speaker B: Roughly but still. [00:24:03] Speaker A: It'S like better than nothing so unions the JSC strike membership yes Union leadership Striking members know. [00:24:32] Speaker B: Before BCGEU votes for the strike they said mid August Canada Post Canada 50% plus one simple majority so let's see Steel House Fitness. [00:25:34] Speaker A: Try again. [00:25:52] Speaker B: No contract to sign up month. [00:25:54] Speaker A: To month of expectation. [00:26:05] Speaker B: Novelty and our spontaneity Chandiya Joe Predictable Hoga Fair Kala. [00:26:09] Speaker A: Swad Advertiser. [00:26:21] Speaker B: By focus what important. [00:26:28] Speaker A: No. [00:26:28] Speaker B: Contract to sign up a Steelhouse Fitness Steelhouse Fitness Queensborough Mall which located open 24 hours the Instagram Connect Steel House Fitness CA Steel House Fitness CA. [00:27:04] Speaker A: Break. [00:27:12] Speaker B: Dairy sector New Zealand agreement Exactly Comprehensive Trans Pacific Partnership. [00:28:13] Speaker A: CPTPP. [00:28:19] Speaker B: Canada is agreement Canadian dairy market the accessors dairy processors processors local View Hikarubara benefit locally produced Kirk dairy product weight. [00:29:17] Speaker A: Foreign. [00:29:32] Speaker B: US farmers up to 400% tariff dairy products. [00:29:50] Speaker A: New. [00:29:50] Speaker B: Zealand which already see a quotas the allocation adjustment yeah New Zealand. [00:30:51] Speaker A: So resolution now New Zealand dairy exporters will get more access to the Canadian market Canada technical changes Supply management system International Trade Agreement a dairy sector they supply management system tariff rate quota system so technical changes. [00:32:02] Speaker B: Basically. [00:32:06] Speaker A: You have to return your quota to the government whatever the number be Charlie percent allocate maximum potential. [00:32:38] Speaker B: Ministry of Trade and Investment over and above dairy farmers. [00:33:36] Speaker A: Importers allocated unused quota return so technically only two changes have been have been made Reallocation. [00:34:18] Speaker B: Alcohol test CPTPP which stands for Comprehensive. [00:34:36] Speaker A: Comprehensive and progressive Agreement for Trans Pacific Partnership. [00:35:01] Speaker B: Vasrita thank you Vijayanape. [00:35:12] Speaker A: Thank you very much. Thank you. [00:35:16] Speaker B: Thank you, have a good day.