Trump threatens Canada with 35% tariff, Canada’s unemployment rate falls, Federal NDP to choose new leader by March,

[00:00:02] Speaker A: And now News Takeaway. [00:00:17] Speaker B: Connect FM 91.5 News Takeaway segment. [00:00:23] Speaker A: Good morning Vijay Good morning Connect Null connect Good Morning. [00:01:07] Speaker B: 35% Tariff Canada deadline basically tariff Canadian goods trading relationship fear can they. [00:02:23] Speaker A: Yeah so Vijay Irani Ajay Takriko Iki Molkanu Siddha Joe Reciprocal Tariffano Agladin so buy me letter 22nd 23rd letters are same it is a great honor for me to send you this letter. So basically. [00:04:22] Speaker B: And I remember you said Liberation Day announcements. [00:04:47] Speaker A: Donald Trump Mexico Canada. [00:04:53] Speaker B: 25 25%. [00:05:11] Speaker A: Ustomba deals Venezuela deal Hoy UK I meant Vietnam Sorry Venezuelani Vietnam deadline. [00:06:20] Speaker B: Multiple reports in fact Border protection. [00:07:01] Speaker A: Helicopter. [00:07:12] Speaker B: Retaliatory tariff Canada manufacturing. [00:08:00] Speaker A: Approvals. [00:08:22] Speaker B: Doesn'T make sense. [00:08:31] Speaker A: As you are aware there will be no tariff in Canada or companies within your country decide to build or manufacture product within the United States and in fact we will do everything possible to get approvals quickly, professionally and routinely. In other words in a matter of weeks. [00:09:02] Speaker B: Properly communicate communications. [00:10:09] Speaker A: Donald Trump. [00:10:26] Speaker B: Supply management to bypass that. [00:11:03] Speaker A: Policies trade barriers Dairy sector dairy farmers limited access the new important pressure tactic if Canada works with me to stop the flow of fentanyl Canada works with me Mark Carney works with me. Canada works with the US name yeah Pura Mulk works with Donald Trump yeah Canada works with me to stop the flow of fentanyl we will perhaps shayed consider an adjustment to this letter. These tariffs may be modified upward or downward depending on our relationship with your country. [00:12:13] Speaker B: We may make an adjustment to this letter not to the tariffs Question paper. You know, take these letters and find errors in them. There are a lot of errors. Artificial intelligence that a natural stupidity. [00:13:08] Speaker A: Natural stupidity. That's more like it. [00:13:10] Speaker B: Trump English A Trump English. [00:13:16] Speaker A: Sectoral tariff Automotive sector American parts non USA compliant products 35% tariff announced USMCA compliant products. [00:14:23] Speaker B: Yes. [00:14:29] Speaker A: Non USMCA compliant tariff as it is ran unless and until. [00:14:42] Speaker B: That remains to be seen GDP numbers. You are right. Oh you are right. [00:15:34] Speaker A: It's factually incorrect. [00:15:36] Speaker B: The letter is flailing and factually incorrect. Other f words come to mind. [00:15:43] Speaker A: Flailing. [00:15:44] Speaker B: Factually incorrect. Prince George in the evening yesterday social media handle commentary. This letter is flailing and factually incorrect. Other F words come to mind. Just one more reminder of why Canadians need to come together to grow our economy and stand strong. British Columbians are leading the way on that work. [00:16:18] Speaker A: Yes Canadian businesses Canadian workers. We will continue to do so with a Revised deadline of 1st of August. Main takeaway here. This is a concession vital progress. We are building Canada strong the federal government provinces Territories are making significant progress in building one Canadian economy. We are poised to build a series of major new projects in the national interest. We are strengthening our trading partnerships throughout the world. Elbows up Elbows up Press conference Media availability scheduled so he's not expected to speak to media today. Statement Social Media. [00:17:58] Speaker B: Ambassador David McNaughton Canada U.S. trade Deal JC A realistic gal Nilagdi Trade deal Honey Mushkaliya Donald Trump. [00:18:34] Speaker A: Donald Trump. [00:18:42] Speaker B: Dunia and all that. [00:18:52] Speaker A: Correct. [00:18:53] Speaker B: So JDO non confrontational strategy and this is. You're right yes. [00:19:23] Speaker A: That'S it. International Court of Justice Donald Trump. [00:19:36] Speaker B: Vasurichalo Apayakaria Breakley Mortgage specialist Prabh Suchna Derena Kito at a mortgage rate 100% the NADI fixed hair mortgage specialist Prabnal Samparo Hosagdah Mortgage New break Karnata Savings Mortgage the renewal Date Mortgage Specialist 778-6680 Triple 1-77-8668, 0111 Mortgage Specialist Prabhda Phone number Bank of Canada Interest rate the announcement. [00:20:38] Speaker A: You won't be disappointed it's like setting a very low bar. [00:20:54] Speaker B: You won't be disappointed Economy Canadian economy When you distill this information. [00:22:22] Speaker A: Manufacturing sector manufacturing jobs surprisingly so GDP numbers Manufacturing sector Wholesale trade sector. [00:22:50] Speaker B: Entry level jobs Honeyswell University and School Nadajotiani Jamalabra Honda Jambar Devichalajana Jobs Judy part time jobs Subto Vadiavi Retail the wholesale retail sector Returning students the unemployment rate joke pandemic Returning students part time jobs so there are a lot of disconnects Manufacturing sector output Manufacturing sector Manufacturing sector which output Manufacturing output something doesn't add up Health. [00:24:07] Speaker A: Care the social assistance the agriculture which chase our jobs Overall Canada. [00:24:21] Speaker B: Yes 6. [00:24:23] Speaker A: Million participation rate Participation rate Participation rate Participation rate is Canadians economy labor force which participate but they are looking for a job actively looking forward actively looking for work so OJD participation percentage 65.4% so participation rate. [00:25:28] Speaker B: Yes right so they. [00:25:30] Speaker A: Are participating in the economy regardless yes so numbers KCV viewpoint to perspective perspectives. [00:26:04] Speaker B: Says AHI statistics there is a lot. [00:26:18] Speaker A: Of. [00:26:29] Speaker B: Jobs it's Hamadjani Panda this private sector they were mostly part time. [00:26:43] Speaker A: Healthcare social assistance. [00:26:46] Speaker B: Right bank of Canada meeting interest rate the ugly announcement inflation numbers. [00:27:14] Speaker A: Last major data set inflation numbers so final most likely they're going to hold. [00:27:26] Speaker B: The rate money market. [00:27:31] Speaker A: The bank of Canada throughout the year. [00:27:35] Speaker B: Money markets that's under 30% inflation numbers headline number inflation inflation elevated on the especially core and trim job numbers. [00:28:24] Speaker A: The average hourly wage permanent employees yes Unemployment rate punch point 5.6% 6.4%. [00:28:49] Speaker B: National Director Lucy Watson Leadership race officially March. [00:29:10] Speaker A: Yeah. So Jagneet Singh so party will know Don Davies Conservative Party. [00:31:25] Speaker B: Anyway, let me. [00:31:26] Speaker A: Come back to this. He sees party the leaderboard. So Liberal party. [00:32:59] Speaker B: Leader as NDP leaderboards across the country. You cannot participate in that. [00:33:59] Speaker A: So Satan's root. [00:34:15] Speaker B: Correct. [00:34:30] Speaker A: So JDK International Longshore and Warehouse Union Canada. Their president Matthew Green within the party reclaim Canada's ndp. [00:35:24] Speaker B: Yes. [00:35:25] Speaker A: Central executive. Local Riding associations. [00:35:41] Speaker B: Local Riding associations. [00:35:49] Speaker A: Yes. [00:35:50] Speaker B: Right. So av NDP and by extension Fisjanavi J forms Vasudi Kai the hakiyakaram Jakura Jandaria Manas Nikolai. [00:37:14] Speaker A: Plays football. Ram will play football. [00:37:39] Speaker B: Billion dollar the investment any fund Garniya 2027, 2028 $14.9 billion the funding original target. See 2027, 2028 $20 billion the project fund. [00:38:19] Speaker A: Investments investment Karangay project Financially close Hoagie Financially closing zone. [00:38:41] Speaker B: So financial closing. [00:39:15] Speaker A: Financial closes the Ustobadi controversy Conservatives will know the Karatajabi PBO the Kali report Conservatives Canada Infrastructure Bank It's a failure. [00:39:48] Speaker B: It's a failure. Canadian Sarkari Employees Employment and Social Development Canada Bureaucrats will know Upname email. [00:40:46] Speaker A: Finance Minister election campaign. Effectively he carries federal public service Just number terminology, nomenclature size cap that will be by attrition. We will cut the size of federal public service. [00:42:06] Speaker B: Yeah. [00:42:06] Speaker A: The person interview Federal public servants. [00:42:23] Speaker B: So. [00:42:33] Speaker A: Politics Global affairs Canada Indigenous Services Canada Workforce adjustments Federal public service Public opinion by and large. Thank you. [00:43:45] Speaker B: You are told. Here's your pink slip. [00:44:34] Speaker A: Maybe update targets for the withdrawal. So Sarkar Vir departments naked levels Nay Prime Minister's office. [00:45:09] Speaker B: Defense spending which Hoibadi middle class anywhere between. That's double of what was projected in December. [00:45:29] Speaker A: Yes. So election campaign fair Liberal Sarkarmic free pass Miljana. [00:46:53] Speaker B: Yeah. [00:46:56] Speaker A: Deficit. [00:47:54] Speaker B: Canada which Tesla model Y The Tesla model? Yeah. [00:48:33] Speaker A: Elbows up Canada. Exactly. [00:48:48] Speaker B: And the new model? Yeah. [00:48:50] Speaker A: It's a very nice car. [00:48:51] Speaker B: It's a very nice car. [00:48:54] Speaker A: Thank you very much. [00:48:58] Speaker B: Have a good one. Take care of.