Trudeau calls Canada US trade summit, Conservatives looking for a new line of attack, Will Liberals get a chance to present the budget.

February 05, 2025 00:57:50
Trudeau calls Canada US trade summit, Conservatives looking for a new line of attack, Will Liberals get a chance to present the budget.
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Trudeau calls Canada US trade summit, Conservatives looking for a new line of attack, Will Liberals get a chance to present the budget.

Feb 05 2025 | 00:57:50

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Show Notes

In today’s episode, we break down the latest in Canadian politics and trade: Prime Minister Justin Trudeau calls for a Canada-US trade summit amid growing economic tensions, Conservatives search for a fresh strategy to challenge the government, and questions arise over whether the Liberals will get a fair chance to present the upcoming budget. What does this mean for Canada’s economy and political future? Tune in for expert insights and analysis!

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Episode Transcript

[00:00:02] Speaker A: And now new stick away. [00:00:24] Speaker B: Connect FM 91.5 days takeaway segment the Vasudi studio Good morning Vijay. [00:00:35] Speaker A: Good morning connect now connect. [00:00:49] Speaker B: 0 degrees Celsius plus temperature. [00:01:02] Speaker A: Gas price yeah International referred Parani gas prices Right? [00:01:12] Speaker B: You're right A localized impact Washington State Refinery California refineries Crude oil refined west coast including British Columbia San Francisco California Washington State and then British Columbia so you are right international issues the impact Vasuji speaking of Keem Tamada Onde Karan at Jado Canada post the strike Odo junior private company as you know parcels Canada Post the strike hat private company because of the strike and the extra workload they have not gone back down. [00:02:47] Speaker A: There's nothing. There's no major pushback. [00:03:06] Speaker B: 192.9 cents per liter for Donald Trump diversification trade Canada US Economic Summit Toronto. [00:03:46] Speaker A: This is team Canada at its best so front foot captain already declared. [00:04:05] Speaker B: You are on your way out Vadiya Kamkarandi Koshish Karilan Crisis just intruder. [00:04:50] Speaker A: Yeah so it's almost like business leaders civil society the members Canada US Economic Summit diversification yeah so US but then you name the summit Canada US Economic summit that doesn't add up. [00:06:18] Speaker B: When you're dining with the devil you need a long spoon International level condemnation that is highly unpredictable Economic summit projects first nations groups already like first nations initial list BCD government. [00:07:48] Speaker A: Basically projects Donald Trump tariffs response economy we will make our economy stronger Windmill projects power line so duplication like we are so used to seeing in government announcements mid stage development 50 60% completion business plan Business plan. [00:09:16] Speaker B: So that rural areas remote areas jobs projects the expansion already First Nations NDP government navigate NDP government no majority Hayya support kid first nations navigate Karna Sakhani announcement business case redisi billion dollar they hit total projects. [00:10:19] Speaker A: Ndp 2.0 eb 2.0 eb 2.0 so energy minister call for power. [00:11:05] Speaker B: Interprovincial trade barrier Interprovincial trade barriers Western partnership internal agreement between BC and Alberta. [00:11:47] Speaker A: Not just BC the premiere premiers Premiers is trade dispute Interprovincial trade barriers Interprovincial trade Premier overall is interprovincial trade so basic concept industry be it wine lobby, beer lobby products dairy lobby don't worry not just in B.C. in all the provinces Interprovincial trade barriers Provinces patriotism is on the rise it would be very unpopular for any province to talk about protectionism Right now we have that luxury. [00:13:28] Speaker B: Interprovincial trade barriers Canada the GDP Donald Trump Canadian economy Interprovincial trade barriers Domestic politics overall national interest There is A very strong possibility House of Commons House of Commons which confidence vote Leader announcement the reset speech from the throne. [00:15:39] Speaker A: Yeah, so apparently spending priorities these emails they were sent in light of the trade war Impending trade war with US Affordability Affordability collection issue Canada US Trade war Competitiveness productivity growth the economic security Liberal Sarkar Liberal Finance Minister Competitiveness productivity growth economic security with social services Affordability unlocking competitiveness productivity growth they. [00:17:01] Speaker B: Strengthen national unity that should be to respond to the current Canada U S situation Support packages stimulus packages House of Commons election campaign Shiruhoniya Jvrodi Election Karala J A Sadi Galnu Manland so there is that possibility as well Important focus Internal trade barriers government processions. [00:18:55] Speaker A: Keep those in mind as well Carbon tax election I'll tie it to the Same story Dominic LeBlanc Comparativeness Productivity growth economic security Right Conservatives. [00:20:15] Speaker B: Conservatives the tax Carbon tax election is message so Justin Trudeau is off the scene Duja targets the carbon tax on Liberal Party leadership at least consumers activism the background public sentiment Conservatives it is the Carney problem Mark Carney Christia Freeland Liberals Christia Freeland no Justin Trudeau Dia Nakamiya Onadiya policies is just like Justin yeah so. [00:22:18] Speaker A: Liberal Party the Aglay leader Mark Carney CBC Western Canada Day a Conservative source Western Canada Conservative Party she's just like Justin yeah, he's also been an insider, not an outsider they need something more than that so now is the time. [00:23:33] Speaker B: Correct Liberal Party the leader is a clear front runner Christia Freeland Overall coffee again as an RNA but you never know Politics Election announced Kardand Snap election call Justin Trudeau after nine years of Justin Trudeau after nine years of Justin Trudeau reinforcement Conservatives. [00:24:37] Speaker A: Carbon tax Justin Trudeau just inflation Political slogans Political Galani Canadians economy managed Plan B is no plan Conservatives highlight Karthi through and through Economic crisis branding the which Conservative bank of Canada bank of England. [00:26:16] Speaker B: Harvard Cambridge graduated Exactly. [00:26:20] Speaker A: Conservatives but regardless. [00:26:58] Speaker B: Liberal Party attract currently leadership strategy upon get to tackle peer Polyev and the Conservatives just introduce the leadership carbon tax those issues are off the table Donald Trump economic challenges they create Karna the economic challenges in all deal Karan Lay Keda Leader Bethar Huyga Mark Carney Japir Polya Conservatives to win the confidence of the Canadians. [00:28:31] Speaker A: Is a better leader than Mark Carney Mark Patriotism is on the rise now one would think conventionally patriotism Right wing party Nationalism Right wing party Conservatives Donald Trump Liberal Party Liberal Party which leadership race Trigger Karaditi Correct Canada is broken Patriotism is On the rise. [00:29:51] Speaker B: Daniel Smith that executive order sign of course Ontario pipeline and all that national crisis because of a threat by a much bigger powerful player about March 4th March 5th maybe 10% tariff across the board Donald Trump Mark Carney as if he becomes the Liberal leader with his economic experience. [00:31:54] Speaker A: It'S good for Canada leading parties if they are on the toes Canadians conservative sources so they are still trying to write off Mark Carney by saying by comparing him to Kamala Harris Kamala Harris phenomena Democratic Party is on the rise ultimately Republicans Donald Trump Conservatives Canada. [00:32:54] Speaker B: Bank of Canada financial crisis Stephen Harper and no doubt the finance Minister Jim Flaherty in the sense Canada the banking system foreign banks retail banking loans lending commercial lending commercial accounts financial crisis Canada which banks regulated that is one of the main reasons Canada was the only one federal government which Finance Minister Jim Flaherty the late Jim Flaherty. [00:34:23] Speaker A: Finance Minister the central banker off late Prime Minister's office the Finance Ministry. [00:34:58] Speaker B: NATO spending NATO spending Canada 1.37% the GDP so GDP defense Canada Canadian government defense there see 2032 Mark Karni defense Minister NATO spending the teacher the defense Minister Bill Blair endorsed. [00:36:32] Speaker A: Officially target is still. [00:36:34] Speaker B: 2032 2% of GDP defense spending. [00:36:55] Speaker A: Correct. [00:37:27] Speaker B: Of their GDP on defense spending by. [00:37:29] Speaker A: The way defense spending Saskatchewan the premier Scott Monik idea CBSA will be under military command military spending Val count. [00:38:27] Speaker B: In the morning time humans are the happiest that is midnight is the saddest time. [00:39:00] Speaker A: Midnight humanly possible practical most of the. [00:40:52] Speaker B: Times many times sometimes yes to see all the all day the 247 to see programs unfortunately Donald Trump O Apani Os Donald Trump Foreign leader Donald Trump that's Benjamin Netanyahu Israel meeting press conference real estate developer which he is Donald Trump Palestinians Donald Trump can the Palestinians. [00:43:57] Speaker A: We will own it I do see a long term ownership position piece of land Everybody I've spoken to loves the idea of the United States owning that piece of land we will own it we will own it but then when he says everybody I've spoken to loves the idea of United States owning that piece of land Territorial expansion Canada. [00:45:17] Speaker B: Which is the most sensitive places in the world right now Process Chalda pets holding up adversarial as in Russia, China per Germany, Spain, Ireland UK two state solution correct. [00:46:15] Speaker A: Donald Trump basically Palestine sorry Gaza Strip you cannot live in Gaza right now I think we need another location so Palestinians permanently move Karna Strip Rivera of Middle east so Donald Trump election campaign make America great again yes America first policy Americans Democrats Donald Trump is thinking out of the Box with fresh idea out of box out of mind. So kind of thinking out of the box with fresh ideas showing willingness to puncture conventional thinking. Joe Biden administration Donald Trump. [00:48:11] Speaker B: Correct. Yeah. [00:48:12] Speaker A: And domestic. [00:48:18] Speaker B: Major consequence this thing has big consequences. [00:48:21] Speaker A: Yeah. So Palestine they are sounding more professional and more responsible than the President of the United States. President of the United States so Hamas terrorist entity west we are still committed to this ceasefire deal. [00:49:03] Speaker B: Within but this is week three of Donald Trump's presidency be prepared for the long haul. I think political leaders as March that remains to be seen Diversification the strategy you cannot look the other way political environment you never know. But I think Canada the best case scenario now is you have to pivot. You have to figure out the diversify trade partners. That's the main point. [00:50:42] Speaker A: Leader Prime Minister President Kona Chalandiya bureaucracy Jeff administration officers election campaign Republicans Democrats conspiracy theorist Deep state weekend Donald Trump Greenland Panama bare Canada bar China Russia Ukraine so allies executive order sign Karthi Kse birthright citizenship buyout packages Correct Donald Trump is more. [00:52:38] Speaker B: Noise and less action strategy. What has changed other than utter chaos Donald Trump the confidence Elon Musk within the government circles but Trump. [00:54:16] Speaker A: So what I'm trying to say is Canadian politicians sare premiers it works for them and to be fair Donald Trump unpredictable. [00:54:48] Speaker B: Since. [00:54:48] Speaker A: Monday China US Postal Service Hong Kong inbound packages BRICS businessman then give him some credit. [00:56:04] Speaker B: Other side national debt not deficit national debt significant portion it's going to be a very difficult situation. So that remains to be seen U.S. postal Service package delivery. [00:57:11] Speaker A: Canadian politicians rest all his noise. [00:57:30] Speaker B: Yeah, I think that that summarizes the two and a half weeks of Donald Trump so far. A lot has happened but nothing has happened.

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