Trump comments on Freeland resignation, Canada’s Fiscal update climbs to $61.9B, November inflation falls to 1.9%.

[00:00:05] Speaker A: Connect FM 91.5 day to see Sun Rahe Ho Savala Show Parvasuri Kal Sanupatake Finance Minister Christia Freeland Nepalahi Astifa Kal Sue Liberal House Leader Nakrina Gold House of Commons accompanying speech $61.9 billion a deficit a Ohi Deficit A Jino Charlie Point A billion dollar commitment. [00:02:35] Speaker B: Finance Minister Fall Economic statement Fall Economic statement. [00:03:14] Speaker A: With. [00:03:14] Speaker B: A political gimmick we should keep our fiscal powder dry War cabinet meeting Dominic LeBlanc Public Safety Minister Intergovernmental Affairs Minister Cabinet Committee Finance Minister. [00:03:53] Speaker A: US Canada Relations. [00:04:20] Speaker B: So Justin Trudeau Cabinet meeting Cabinet meeting House of Commons Scheduled time Statement Lockdown in fact, it was to be tabled in House of Commons they only got two hours or slightly more than that to study the statement Justin Trudon Caucus. [00:05:30] Speaker A: Meeting Caucus meetings. [00:05:46] Speaker B: Caucus meeting so we are not united anymore. [00:07:11] Speaker A: Within the ranks. How convenient has to go all options are on the table. All options are on the table. So Trudeau. [00:08:19] Speaker B: House of Commons a session scheduled Opposition all options are on the table. Which table how will you do it? Are on the table Carbon tax Election Journalist Sarahi Political watchers so possibilities those three possibility Peter Julian Motion present non confidence Motion so budget non confidence. [00:10:46] Speaker A: Exactly. [00:10:54] Speaker B: Opposition day Opposition days will be scheduled in the later part of the session. [00:11:42] Speaker A: Today was a difficult day. It was a hard day. So Basically, okay, around 9, 10 o'clock just in Trudeau House of Commons the question period Liberals the House leader so yeah, so. [00:14:12] Speaker B: This is all happening in public domain. Happy Holidays Christmas Donald Trump the true social Dute post Kartli can the great state of Canada is stunned as the Finance Minister resigns as their Finance Minister resigns or was fired from her position by Governor Justin Trudeau Governor Justin Trudeau her behavior was totally toxic and not at all conducive to making deals which are good for the very unhappy citizens of Canada. She will not be missed. So Justin Trudeau Justin Trudeau Justin Trudeau Donald Trump no Milan geshi Maralago. [00:15:51] Speaker A: Dominic LeBlanc okay, guys. [00:15:54] Speaker B: Donald Trump Thanksgiving dinner they were in a relaxed state of mind. Dominic LeBlanc Publically Donald Trump we don't like. We do not like their representative very much. [00:16:25] Speaker A: Yes. [00:16:25] Speaker B: So USO bad Hon Justin Trudeau Dominic LeBlanc Public Safety Minister Intergovernmental Affairs Minister Finance Minister Treasury Board the President. [00:16:56] Speaker A: Within that circle, this is one of the most important ministries. [00:17:07] Speaker B: So Donald Trump Donald Trump just introduced understanding Donald Trump APNA Istra Bad which tariff Justin Trudeau Jaker Apache person Will this be his Trump Card Donald Trump Justin Trudeau was the ticket to stay as a leader of Liberal Party and to stay as a Prime Minister of Canada. [00:19:05] Speaker A: Negotiations that was the reason and Donald Trump Canadian politics if if that is the case if that is not. [00:19:53] Speaker B: The only difference is this is happening between allies allies adversaries. [00:20:28] Speaker A: I think what you said Trump then that U.S. canada relations the committee Public Safety Minister Finance Minister so Cabinet reshuffle Finance Minister Dominic LeBlanc Finance Minister Public Safety Minister. [00:21:03] Speaker B: Dominic LeBlanc Finance Minister I hope to work with the great Canadians of Public Safety Canada I hope we are not sure Otherwise there is no way. [00:21:38] Speaker A: There is no escape. [00:21:39] Speaker B: There is no escape for just interrupting. [00:22:05] Speaker A: Just intrude publicly independent banner pressure tactic within the caucus and Christian has caucus the member so let's not forget. [00:22:34] Speaker B: So imagine Christian so Christy of Lenno standing ovation. [00:22:46] Speaker A: Not just party Liberal Party Environment Minister. [00:24:03] Speaker B: There'S no escape and it's time for Justin Trudeau to resign. He has to go. [00:25:02] Speaker A: Deficit almost Baht billionaire one time costs Indigenous legal claims. [00:26:05] Speaker B: Regardless election It's an election year. Yes, the election year election year. [00:26:16] Speaker A: Until 20282029 so Thai unatti. [00:28:14] Speaker B: Deficit to GDP. [00:28:15] Speaker A: Ratio. [00:28:25] Speaker B: Deficit to gdp ratio C dough point 8% January February, March. [00:28:54] Speaker A: GDP would be less than 1% deficit to GDP ratio deficit which the deficit spending. [00:29:24] Speaker B: Deficits. [00:30:17] Speaker A: Surplus There is no way coming back. [00:30:42] Speaker B: To this. [00:31:38] Speaker A: For a comprehensive border package which Public Safety Canada CBSA Communication Security establishment they are CMP A one year investment. [00:32:06] Speaker B: Boots on ground. [00:32:23] Speaker A: Accelerated tax incentive Investment Canada Potential Investment Canada so ONU attract currently they retain currently accelerated tax incentive. [00:33:02] Speaker B: At the end of the day fall economic statement yes so A Christia Freeland political gimmicks Costly political gimmicks businesses. [00:34:01] Speaker A: Yes, you're right. [00:34:55] Speaker B: Public Safety Canada. [00:35:03] Speaker A: So. [00:35:04] Speaker B: Debt bar is for economic statement 1.236 trillion we are talking in trillion that trillion so 1.1.323 trillion so debt service charges public debt charges healthcare federal spending debt servicing cost. [00:36:48] Speaker A: Given the size of the economy, given the kind of industry it is not just about credit rating investments the returns markets, the availability. You can just compare the JSE CPI Consumer price index Gasoline target range bank of Canada 0% month over month inflation so the story is not about comparison shelter prices November Visa inflation comparison. [00:39:15] Speaker B: The mortgage interest cost is another 50 basis. [00:39:27] Speaker A: Points cut coming I was listening to a financial expert. [00:39:36] Speaker B: Money markets basis points are cut 0.25% chance right now Federal. [00:39:47] Speaker A: Reserve the meeting November gasoline the Kimath Katijini October yeah so 0.5% gravity October. [00:40:08] Speaker B: Percent gravity which base year effect month over month. [00:40:27] Speaker A: Black Friday sale overall a headline inflation the number see household items cellular prices so black Friday sales. [00:41:22] Speaker B: Can they on a monthly basis Prices for traveler accommodation in Ontario were up 11% the swiftest swift test monthly increase ever recorded for the month of November coinciding with a series of high profile concerts so inanimate wordplay swift test I was very pleasantly surprised. [00:41:55] Speaker A: Inflation the number 38.0% per BC Alberta.8% Canada they SAPTO but they submitted Ontario impact interest rate decision next meeting that's towards the end of January based on these numbers. Yeah it's quite far away.