Buyer Of Last Resort
Having the government buy a bunch of cars will fix everything, I’m sure.
Carney, speaking to a televised press conference in Windsor, Ontario, also said his government would work with industry to build more car parts in Canada and limit the number of parts that cross the border with the United States during production.
When it came to buying official vehicles for official business, a Liberal government would focus on buying autos that were made in Canada, he added.
You Can’t Make An Omlette Without Cracking A Few Eggs
Sylvain Charlebois- Farmers pay the price for Ottawa’s electric vehicle obsession
Betting billions on a speculative EV industry while leaving Canadian farmers and seafood harvesters to pay the price is proof that in this trade war, agriculture is just collateral damage
Good Luck With That
“Diplomacy – negotiation – you know, talking about it, seems to have become an absolute last resort.”
The Spectator- Is Canada doing enough to stop the US trade war?
There’s such a thing as cutting off your nose to spite your face, and the tariff war between Canada and the US is beginning to look like a case in point.
My Slush Fund Runneth Over
An actual investment provides an identifiable return on invested capital. Slush funds don’t.
Industry Minister Francois Philippe Champagne says he’s telling his department to prioritize investments in projects that primarily use Canadian steel and aluminum — part of Ottawa’s reply to the Trump administration’s trade war.
Great Success!
Blacklock’s- $42M Relief For Pot Dealers
“The cannabis industry is facing economic difficulties which threaten a key objective of the Cannabis Act which is to provide for the legal production of cannabis to displace the illegal cannabis market.
The Competition Bureau in 2023 estimated two-thirds of licensed marijuana dealers were tax delinquents. “The total amount of unpaid cannabis excise duties has continuously been rising since legalization,” said a report Planting The Seeds For Competition.
Blacklock’s- SOS For Tax-Funded EV Plant
“There is an existential crisis,” said Champagne. “I hope the project continues. I can assure you we are working hard on finding new partnerships.”
Another Team Canada Victory
The Backfiring Sparky Car
Many more such incidents resulting in “lost value” and there will be no economy left capable of generating any value at all.
The Legault government has poured $270 million in Swedish parent company Northvolt AB, and Fréchette confirmed this sum “has lost its value.” The Caisse de dépôt et placement du Québec has also invested $200 million in the company.
Quebec granted Northvolt a further $240 million for the purchase of land in the Montérégie region. This sum is secured by collateral on the land and assets of Northvolt’s North America subsidiary, Fréchette said.
Boondoggle Opportunities
I’m surprised that there was no mention of high speed rail as a domestic “investment” gambit for Canadian pension funds.
The policy statement was issued following a request by former Bank of Canada governor Stephen Poloz, who was given a broad mandate by the government last year to find ways to persuade Canada’s large pension funds to deploy more of their billions in investment dollars in Canada.
Team “Canada”
Government of Canada- Government of Canada plans to issue US-dollar global bond
March 10, 2025 – Ottawa, Ontario – Department of Finance Canada
In Budget 2024, the Government of Canada reiterated its commitment to maintain liquid foreign reserves at or above three per cent of nominal gross domestic product.
To support this commitment, the Government of Canada today announced its intention to launch a US-dollar-denominated global bond tomorrow, March 11, subject to market conditions.
More Debt
That’ll fix it.
Great Success!
A very good read.
The Food Professor- Canada Keeps Losing at Geopolitics—And Our Farmers Pay the Price
“Canada keeps picking fights it can’t win—now our farmers are paying the price for Ottawa’s reckless trade policies.”
Francisco- So are we taking Chinese booze off the shelves? Asking for a friend.
“Values”
Jordan Peterson- Mark Carney doesn’t value a prosperous Canada
This would-be planetary saviour has no respect for free markets
Nice Little Business You Got There
Be a shame if… something were to happen to it.
Winnipeg Sun- Daudrich’s unjustified permit reversals raise concern
This brings us to the news from this past week that PC leadership contender Wally Daudrich’s eco-tourism business in Churchill had two permits revoked by the provincial government.
Take That Orange Himmler
Any excuse to punish your own citizens.
National Post- Canadian cross-border shoppers hit with 25% surtax on purchases
Canadian border officers have started slapping a 25 per cent surtax — in addition to applicable duties — on most items from the U.S.
It’s Probably Nothing
Timing is everything, and this Tariff War is precisely what the Federal Government needed to distract Canadians from their abysmal economic record. From Capital Flight, Falling Investment, and my personal favourite, a collapse in Productivity Growth. The data speaks for itself.
How’s The Latest “Boycott” Going?
Let me guess “Canadians” will shift more of their holidays to more civilized countries like…Cuba.
Globe and Mail- Vermont ski resort sees no drop in Canadian visitors despite U.S. tariff backlash concerns
What They Say vs What They Do
