Category: New Governor

Birds Of A Feather

So Dougie is off to sell his pal Carney on the need to lower taxes. I’d prefer if he’d lobby for spending cuts instead, but he obviously thinks that out of control borrowing is somehow stimulative.

Ford says he’ll travel to Ottawa for what he calls a “heart-to-heart” meeting with Carney, who he says is doing a good job.

At end of the day, however, apparently there’s no ill that can’t be fixed with zero percent interest.

Speaking at an unrelated announcement today in Windsor, Ont., Ford also urged the Bank of Canada to lower interest rates.

China Is Asshole

Real Agriculture- China announces new 76 per cent “anti-dumping” tariff on Canadian canola

The Chinese government is imposing a new 75.8 per cent tariff on Canadian canola seed to begin August 14 — the latest development in the trade dispute that escalated a year ago when Canada announced tariffs on Chinese electric vehicles and steel. The new tariff on canola seed, announced today (August 12,) is the preliminary result of the anti-dumping investigation that the Chinese Ministry of Commerce launched in September 2024.

Our master negotiator was unavailable for comment.

Self Imposed Sanctions

Who knew that Elbows Up meant shooting yourself in the foot?

While the pickles are assembled in Green Bay, Wis., Oakland said the company buys 11 million pounds of Ontario cucumbers every year and said all the lids on the jars come from an Ontario manufacturer.

Now, the company finds itself in an awkward situation or — some might even say — a pickle.

Sales are down about 25 per cent in the last three months, according to Oakland, who said, going forward, the company will buy fewer pickles and lids from its Canadian partners.

 

Sparky Car Taxes

Aside from the alleged need to retaliate for Trump’s trade policies, there’s likely another reason for stiff tariffs on used cars imported into Canada from the US: since the federal government seems adamant that the EV sales mandates are here to stay, they have to close off the escape routes.

What was expected to be a $106,000 purchase, adding up to over $145,000 with taxes and tariffs included. And Gillespie said the unexpected costs won’t stop when the vehicle arrives.“My insurance is going to be based on $145,000,” Gillespie said.

The retaliatory tariff is aimed to de-incentivize Canadians from purchasing American-made cars.

 

New Governor, Same As The Old Governor

And the return of our old friend, “unexpectedly”.

The Canadian economy lost the most jobs since January 2022, and excluding the pandemic, it’s the largest drop in seven years.

Employment fell by 40,800 positions in July, driven by decreases in full-time work, while the jobless rate held firm at 6.9%, Statistics Canada data showed Friday. The number of job losses surpassed even the most pessimistic projection in a Bloomberg survey of economists.

The monthly decline was concentrated among youth ages 15 to 24, who are usually among the first to experience a labor-market downturn. Their unemployment rate reached 14.6%, the highest since September 2010 outside of the pandemic. The employment rate for youth fell to the lowest since November 1998, excluding the years impacted by Covid-19.

The Canadian labor market failed to sustain its strong momentum from June, when it surprisingly added the most jobs in six months. The Bank of Canada held its policy interest rate at 2.75% for a third straight meeting last week, but said the labor market remains soft, with the unemployment rate rising from 6.6% at the beginning of the year.

New Governor, Same As The Old Governor

Mark Steyn: The picture [at left] turned up in my inbox yesterday and I assumed it was just Mark Carney welcoming Keir Starmer to the G7 summit.

 

 

 

 

Wesley Yang;

There was a time in the not so distant past when it would have been seen as contrary to the dignity of a head of government to make themselves available to be photographed with sex fetishists. This event crystallizes a longer term process of subversion that has over time eroded away that prior understanding of appropriate boundaries. Now it’s the politician who would withhold himself from such displays who is under suspicion of insufficient inclusivity.

Elbows and Arseholes

Jay Goldberg- Carney clearly oversold himself to voters

According to the Department of Finance, the federal government brought in a jaw-dropping $1.5 billion more in tariff revenue in April and May of this year than April and May of 2024, reflecting the impact of the counter tariffs the Trudeau and later Carney governments imposed on the United States. That means Canadian consumers shelled out an additional $1.5 billion over the span of just two months to purchase goods coming in from the United States.

The Trump Whisperer Was Unavailable For Comment

The Food Professor- Canada’s food chain just got tariff-slapped again — Ottawa has only itself to blame.

As August 1 quietly slipped by, so did Canada’s last, best chance to avoid a sharp escalation in trade tensions with its most important economic partner. Unlike Mexico, which secured a temporary reprieve, Canada is now fully exposed to a 35% tariff imposed by the United States on a range of non-USMCA-covered goods. For the Canadian agri-food sector—and for consumers from coast to coast—this is less a policy adjustment and more a gut punch.

Elbows Down!

The water carriers for the Trump Whisperer are out in full force today, blissfully unaware how stupid it looks to portray a stunning defeat as a victory. It’s notable that no one wants to mention the elephant in the room: the undue influence of the Canadian dairy lobby which is a major reason why these talks went nowhere.

Payne thinks Canada has leverage — aluminum, critical minerals, electricity, oil and potash — and should be using them to retaliate. She said she has repeated that message to Canada’s ambassador to the U.S. and the prime minister’s office.

“It’s important right now that we draw a line in the sand and understand that Canada has a lot of strength and a lot of leverage, and we’re going to have to use some of it.”

Today In The Vote Rich Rapey-Beheader Community

Terrorism pays.

The Trump Whisperer Could Not Be Reached For Comment, a continuing series…



“The Europeans Came Scrambling to Him.. Badly Wanted a Deal”

Team Canada

Blacklock’s- U.S. Contractors Get $1.3B/yr

“Over the past three years the department has awarded an average of approximately $1.3 billion per year to suppliers located in the United States for both defence and non-defence procurement,” said the note Impact Of Tariffs On Procurement. “This value excludes contracts awarded to Canadian-based suppliers that are subsidiaries of U.S. companies, and contracts under the U.S. Foreign Military Sales program.”

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