Trudeau announces high speed rail, BC throne speech focus on US threats, Brazil to join OPEC+

February 19, 2025 00:42:31
Trudeau announces high speed rail, BC throne speech focus on US threats, Brazil to join OPEC+
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Trudeau announces high speed rail, BC throne speech focus on US threats, Brazil to join OPEC+

Feb 19 2025 | 00:42:31

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Show Notes

In today’s episode, we cover major global and national developments! Prime Minister Justin Trudeau announces plans for high-speed rail—what does this mean for Canada’s transportation future? Meanwhile, British Columbia’s Throne Speech highlights concerns over US trade threats and their impact on the province. Plus, Brazil is set to join OPEC+, potentially reshaping the global oil market.

Join Vijay Saini & Vasu Kumar as they break down these top stories and analyze their impact on Canadians.

Listen now on your favorite podcast platform.

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Episode Transcript

[00:00:02] Speaker A: And now News Takeaway. [00:00:13] Speaker B: Connect FM 91.5 News Takeaway segment. Good morning Vijay. [00:00:21] Speaker A: Good morning. Connect Null Connect. [00:00:27] Speaker B: High speed rail High speed rail Canada the Pelly High speed rail project Alto Canadian Alto. [00:00:58] Speaker A: You see Chase 10.0 billion dollar starting with 2024, 25 okay, so yeah Transport Canada estimate Construction design phase Designing Hoegi business plan Banega design phase Nohi allocate Karna actual construction design phase. So Justin Trudeau 10.0 billion dollar announced. [00:02:29] Speaker B: Basically so Hazar kilometer Yes Total. [00:02:35] Speaker A: Yeah. [00:02:35] Speaker B: So is that about $80 million per km? [00:02:39] Speaker A: Yeah. [00:02:39] Speaker B: Right. Quickly search Kita and of course China per kilometer cost million per kilometer. [00:03:05] Speaker A: Project. We saw government estimate so it doesn't add up. So ASI billion sounds like more likely there is a day sky train the extension of Solar Kilometer $5.996 billion Kilometer Skytrain sky train Correct kilometer the stretch. So a C billion dollar estimate seems. [00:03:47] Speaker B: More likely Stops Toronto, Peterborough, Ottawa, Montreal Laval construction so SNC level in views Consortium is high speed rail construct Right off the bat. Okay Project already infrastructure deficit as in case in Nama Infrastructure operational side of the budget within three years overall impact the Canadian economy high paying full time jobs Construction construction billion dollar Canadian GDP boost Malayga annually again during the construction phase. [00:05:37] Speaker A: California which be the Kinney so Ikira project Sacramento new connect Karnasi construction project solar kilometer A C kilometer sky train it has to be on elevated pathway. [00:06:20] Speaker B: Elevated path. [00:06:21] Speaker A: Exactly. So okay, Requirement. [00:06:26] Speaker B: Underground stations once the Skytrain line is. [00:06:53] Speaker A: Extended. 5.996 billion deri $5.996 billion 3.9 billion announced for six years it's on top. [00:07:34] Speaker B: Of that oh so total. I was listening to an expert in some interview Transportation infrastructure what is the reasons why does it cost so much? Consultations and management. [00:09:22] Speaker A: Lack of political will we have exactly. [00:09:35] Speaker B: Right now. [00:09:49] Speaker A: Infrastructure projects listeners they would know DAV college in Kodar Pareni Auditorium when you are in college and university. [00:11:20] Speaker B: So Northwind. [00:11:36] Speaker A: By the way. [00:11:49] Speaker B: Hello Vasudi WhatsApp the boss Arisnah message Good morning Vijay Vasuji listening from Punjab, India they would never want railway network plus automobile sector Automobile sector, aviation sector yeah. [00:12:54] Speaker A: Montreal though Quebec City normally. [00:13:05] Speaker B: Five and a half hours. [00:13:09] Speaker A: Between Montreal and Toronto I feel bad a DAV college they pass out Nay Krm DAV so a Kar Samuj. [00:13:50] Speaker B: Online virtual class. [00:14:01] Speaker A: Day teachers. [00:14:06] Speaker B: Especially infrastructure colleges universities education staff also cut infrastructure no Puri Kosh Kariaki Bachano Vadiya education. [00:14:49] Speaker A: Teachers Joe professors just Joe level dedication. Exactly. [00:15:04] Speaker B: So that that speaks for it. [00:15:20] Speaker A: So he's no more now mathematics professor Daz. He was a maverick. [00:15:32] Speaker B: JJ. [00:16:01] Speaker A: I attended one of the last classes of Palasar before he passed away. [00:16:13] Speaker B: That's very good. [00:16:24] Speaker A: Students strike professor. [00:16:32] Speaker B: Why is he not teaching us? [00:16:34] Speaker A: Why he's not teaching us. [00:16:45] Speaker B: God bless you. On the economy Natural resource projects no Infrastructure projects. No Kime accelerate Kitaja Sagda Trading partnerships. [00:17:24] Speaker A: Yeah so throne speech A lot of. [00:17:30] Speaker B: These things were thrown in. [00:17:37] Speaker A: So it was the most Consequential time in B.C. history since World War Second World War. Correct. Historic bond has been strained Trust has been broken and will not be easily. [00:18:16] Speaker B: Repaired. [00:19:18] Speaker A: Hypothetical tariffs election campaign so Parliamentary secretary Saran to seek additional income British Colombians. [00:20:23] Speaker B: We still knew by the first week of November Composition Legislative assembly middle of February it's been three months the election you know we want to hit the ground running We Immediate relief Immediate relief. [00:20:55] Speaker A: Immediate Naldi NAL CheckPEI. [00:21:04] Speaker B: Interest payment Taxi plan income tax. [00:22:06] Speaker A: Donald Trump tariff yes so emergency session because as it is it's very late. [00:22:26] Speaker B: For mid February. [00:23:10] Speaker A: Efficiencies. [00:23:10] Speaker B: Built Karol Family doctor hair so this is very much like our personal budgets and on top of that. [00:24:17] Speaker A: The NDP government they always take pride in saying services NDP government to me BC NDP no services. [00:24:55] Speaker B: Exactly. Example million dollars depending that's three family doctors then the family doctors Family doctor the Savamoiyakrasagna BCH Ajayvi Ganthiyakul family doctor the access Naya primary care Jonah it's very difficult Provincial Sarkar is cheese no cities property tax they notice on any notice homeowner grant claim Karna translation you don't use it. I don't use it. Correct. [00:26:56] Speaker A: Consumer end user End user British Columbia British Colombian hair It does make sense. [00:27:03] Speaker B: Correct? [00:27:13] Speaker A: It does make sense. Media professionals. [00:27:26] Speaker B: Yes. [00:27:29] Speaker A: Media professionals. [00:27:44] Speaker B: It does not make sense. It does not make sense. You have to refer back to the English so are you expecting so JD Seva Ethnic media broadcasters. [00:28:27] Speaker A: And it's very condescending to believe media professionals Ethnic media which basic translation team Media professionals. [00:29:15] Speaker B: Interchange dismantle I believe Steve Sternali I think one of the two the bridge will be dismantled or that infrastructure piece of infrastructure will be dismantled Dismantled the transition and again it is more also about the utility of it we don't we tend to overlook and oversee the smaller aspects. [00:30:12] Speaker A: It does not make sense and there are members in the cabinet who are aware of this but still you know this expense is being made Fall protection required beyond this point Fall protection. Yeah. [00:31:04] Speaker B: Media Karmiyanu translate. [00:31:11] Speaker A: Ethnic media lead translation. [00:31:22] Speaker B: Liberal Party the leadership elections Canada will know numbers leading far in the front million dollar donations about 68% of the donations 68% of the money Mark Carney a point is Kirk important Mark Carney the business background highlight Kirk the multi billion dollar company the chairperson Honda Hawala de K under $100 each. [00:32:30] Speaker A: Working Canadians so Karni 1.9 million dollar fundraise kite Christia Flyland so agent numbers Elections Canada filings Elections Canada Elections Canada fundraising fundraising numbers 1.9 million dollar fundraiser from 188 donors. [00:34:19] Speaker B: To make sure. [00:34:26] Speaker A: Exactly directed contribution so Christia Filinti Campaigns Canada the numbers which directed contributions. [00:34:50] Speaker B: Which is still not closed that is more than the three times more than five times. [00:35:20] Speaker A: So. [00:35:27] Speaker B: Christia Friedland is still at 26 Mark Carnic endorsements foregone conclusion you never know Liberal Party the members but Mark Carney the Liberal Party the leader Banana Conservatives neck to neck race so Angus. [00:36:13] Speaker A: Liberals the vote percentage conservatives they call so 10% versus Charlie Hojaiga leader liberal party calls 70% vote the conservatives they call Charlie% the age note Korea NDP they. [00:36:40] Speaker B: Call Hoiki vote. [00:36:45] Speaker A: Fair conservatives Charlie% vote liberals so basically Conservatives. [00:37:13] Speaker B: On the fence Liberals Conservatives actually K.V. tracy Liberal MP Liberal MP endorse Conservative Freeland Liberal Party the leader Conservatives the path to a majority government. [00:38:36] Speaker A: Mark Cardney Christian. [00:38:57] Speaker B: Opening the closing statements Oil producing nation Energy producing. [00:39:35] Speaker A: Amazon rainforest I'm defender of environment Amazon Rainforest so environment we need to grow and develop and create income and jobs so very convenient so can they be Jado election Hargai election incoming rastropathy he was aware of it. [00:40:30] Speaker B: And he approved it distinctly remember? [00:40:50] Speaker A: Anyways, so yeah so Brazil we should not be ashamed of it. [00:41:02] Speaker B: Fossil fuel extraction Fossil fuel the development carbon emissions Climate accords. [00:41:35] Speaker A: Reserves hold Kada crude oil with 2.1% of the reserves Canada they cost point char percent reserves crude oil found Haga located Haga percent Canada hold Karda JC they keep production instead of che percent so thus point char percent serves percent reserved in all by percent produced UNA with Sapto producer corner Saudi Arabia Saudi Arabia produced Korea Dunyada Gara percent. [00:42:25] Speaker B: Shale oil yes shale oil thank you.

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