Mark Carney
Appearances
Apple News Today
How Trump’s obsession with Canada has changed its politics
He's attacking Canadian families, workers and businesses, and we cannot let him succeed. And we won't. We won't.
NPR News Now
NPR News: 03-23-2025 5PM EDT
We are facing the most significant crisis of our lifetimes because of President Trump's unjustified trade actions and his threats to our sovereignty.
Nightly Scroll with Hayley
Trump Pulls Ultimate Uno Reverse Card On Illegals (Ep. 1)
Someone who's trying to weaken our economy. Donald Trump. Donald Trump. And Donald Trump, as we know, has put, as the Prime Minister just said, unjustified tariffs on what we build, on what we sell, on how we make a living. He's attacking Canadian families, workers and businesses. And we cannot let him succeed. And we won't. America is not Canada.
Nightly Scroll with Hayley
Trump Pulls Ultimate Uno Reverse Card On Illegals (Ep. 1)
And Canada never, ever will be part of America in any way, shape or form.
Nightly Scroll with Hayley
Trump Pulls Ultimate Uno Reverse Card On Illegals (Ep. 1)
It's called a smart car.
Nightly Scroll with Hayley
Trump Pulls Ultimate Uno Reverse Card On Illegals (Ep. 1)
It's funny because one of the selling points of this car is that it's easy to park it.
PBD Podcast
S&P 500 Dives As Trump Hints At Recession | PBD Podcast | Ep. 559
Go for it. Yeah. Donald Trump. Donald Trump. And Donald Trump, as we know, has put unjustified tariffs on what we build, on what we sell, on how we make a living. He's attacking Canadian families, workers, and businesses. And we cannot let him succeed.
PBD Podcast
S&P 500 Dives As Trump Hints At Recession | PBD Podcast | Ep. 559
These are dark days. Dark days brought on by a country we can no longer trust. Wow. We are getting over the shock. But let us never forget the lessons. We have to look after ourselves. And we have to look out for each other. We need to pull together in the tough days ahead.
PBD Podcast
S&P 500 Dives As Trump Hints At Recession | PBD Podcast | Ep. 559
Prime Minister Trudeau, my time doesn't permit me to recognize all your accomplishments.
PBD Podcast
S&P 500 Dives As Trump Hints At Recession | PBD Podcast | Ep. 559
So I'll speak at a higher level. You have combined strength and compassion every day as a fighter for Canada.
PBD Podcast
S&P 500 Dives As Trump Hints At Recession | PBD Podcast | Ep. 559
What a dork. You... You have led us through some of the hardest challenges that this nation has ever faced.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
The whole sports, trans sports issue, you know, it's like the old Willie Horton thing. You know, my attitude is if there's a trans athlete, no matter what side, you let the opponent, whether it's an individual sport or a team sport, you let them decide if they wanted to compete against them or not. If they feel they can win, if they feel it's not fair, it's up to them.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
But to make it just a national issue so that if you weren't supporting the fewer than 10 trans athletes in the NCAA tournament, Then, you know, you weren't a good person. I just people aren't ready for that yet. And you've got to meet people where they are. We've gotten we've taken this country so far in race relationships, races and attitudes towards towards LGBTQ. You know, it takes time.
PBD Podcast
Iran Threatens Trump As Tariff Trade War RAGES | PBD Podcast | Ep. 572
You can't just force it down people's throats. And instead of trying to get it where the people who are being disadvantaged and being discriminated against are helped, they wanted to make it a campaign issue. Focus on helping the people, not using them to campaign.
PBD Podcast
Trump’s Third Term Triggers Liberal MELTDOWN | PBD Podcast | Ep. 569
We will need to ensure that Canada can succeed in a drastically different world. The old relationship we had with the United States, based on deepening integration of our economies and tight security and military cooperations, It's over.
The Ben Shapiro Show
Ep. 2137 - The Trump-Musk REVOLUTION Continues!
I'm a middle class school teacher who's now in a dream world.
The Ben Shapiro Show
Ep. 2137 - The Trump-Musk REVOLUTION Continues!
And thank you all and i love our country and i'm so happy to be back here and I wish I could articulate it better.
The Ben Shapiro Show
Ep. 2173 - FALLOUT: Stock Market Drops, Trump Pushes On
The 80 year period when the United States embraced the mantle of global economic leadership, when it forged alliances rooted in trust and mutual respect and championed the free and open exchange of goods and services. is over. And although their policy will hurt American families, until that pain becomes impossible to ignore, I do not believe they will change direction.
The Ben Shapiro Show
Ep. 2168 - TRADE WAR: Trump Declares Massive Car Tariffs
The old relationship we had with the United States based on deepening integration of our economies and tight security and military cooperation is over. What exactly the United States does next is unclear. But what is clear is that we, as Canadians, have agency. We have power. We are masters in our own home. We can control our destiny.
The Daily
Elbows Up: Canada’s Response to Trump’s Trade War
The Americans want our resources, our water, our land, our country. Think about it. If they succeeded, they would destroy our way of life.
The Daily
Elbows Up: Canada’s Response to Trump’s Trade War
My government will keep our tariffs on until the Americans show us respect.
The Daily
Trump Takes Aim at the Department of Education
America is not Canada. And Canada never, ever will be part of America in any way, shape, or form.
The Daily
Trump Takes Aim at the Department of Education
We didn't ask for this fight. The Canadians are always ready when someone else drops the gloves. So the Americans, they should make no mistake. In trade, as in hockey, Canada will win.
The Daily
Trump, Europe and the New World Order
I think that's a very valid question. And I think to some extent, the handwriting was on the wall for Europe for quite a long time. As you say, multiple presidents had raised questions about this. And of course, as it turned out, the aberration wasn't Donald Trump in his first term. It was Joe Biden, who was a big NATO defender.
The Daily
Trump, Europe and the New World Order
Because when Donald Trump came back into office, not only did all these old anxieties come back to the surface, But they did so in a much more profound and wrenching way. Trump was not just talking tough about NATO. A lot of the moves he made revolved around the question of winding down the Ukraine war. And that just gave everything a very different feel. a dictator without elections.
The Daily
Trump, Europe and the New World Order
For example, he accused the Ukrainian president, Vladimir Zelensky, of being a dictator.
The Daily
Trump, Europe and the New World Order
When Zelensky came to visit him in the Oval Office... Have you said thank you once this entire meeting? A lot of times. Trump and his vice president, J.D. Vance, ambushed him.
The Daily
Trump, Europe and the New World Order
Donald Trump took the whole notion of an American security assurance off the table in any peace negotiation between Ukraine and Russia.
The Daily
Trump, Europe and the New World Order
He appeared to be pressuring the Ukrainians into giving up land that the Russians had taken and occupied.
The Daily
Trump, Europe and the New World Order
So on a whole range of topics, whether it's security, whether it's politics, the president is simply far more radical and extreme than he had been in his first term. And so this felt very different. Now, in the eyes of the European leaders, it was clear that the transatlantic alliance, as they knew it, is in deep, deep jeopardy.
The Daily
Trump, Europe and the New World Order
You alluded to the tariffs that he's imposed, not just on Mexico and Canada, but now on the European Union. So when you add all this up, it's really causing Europeans to question the very survival of this alliance that has characterized the post-World War II era. And, you know, of course, the implications of this are enormous.
The Daily
Trump, Europe and the New World Order
Well, you've seen this flurry of activity, diplomacy in multiple European capitals, leaders calling each other. Within big European countries, there are these big debates about whether to vastly increase spending on defense. And across the EU, you're seeing this effort to create a continent-wide debate peacekeeping force, what they're calling a coalition of the willing.
The Daily
Trump, Europe and the New World Order
The idea is that multiple countries will either contribute troops or logistical support or other material. So the underlying impulse here is Europe recognizing that it now needs to take much more direct responsibility for its own security. But the tough thing for Europe is it's extremely difficult. There are very painful trade-offs.
The Daily
Trump, Europe and the New World Order
If European countries spend two and a half, three, or even three and a half percent of their GDP on defense, that's money they're not spending on social welfare programs. And after all, in Europe, these programs are a bedrock of the compact between voters and the government. And whether Europe can unify around a common defense strategy is far from clear.
The Daily
Trump, Europe and the New World Order
Some countries are far more willing, for example, to contribute troops to a peacekeeping force. Britain and France have been sponsoring that effort. Poland, on the other hand, is more reluctant because of its historically tense relationship with Ukraine. Some countries, again, Britain, are more forward-leaning about spending more on defense.
The Daily
Trump, Europe and the New World Order
Germany, while it's changing, has historically been more reluctant, partly because of its history. So the politics of all this are difficult.
The Daily
Trump, Europe and the New World Order
Yeah, and it's not at all clear whether it's going to pull them together or tear them apart. Even if they were to get on the same page, it will take a generation or so to build up the kind of defense infrastructure that Europe has enjoyed from the United States over the last several decades. You can't build... fighter jets, or a fleet of nuclear-powered submarines in two to three years.
The Daily
Trump, Europe and the New World Order
These are projects that take 10, 15, 20 years. So to become a military power on this scale is not just a tap you can turn on or off. It requires a long-term, society-wide commitment. It's a major, major undertaking, and it's something that the fruits of which won't be even clear for about 20 years or so.
The Daily
Trump, Europe and the New World Order
Yeah, that's right. You could almost say that Europeans have enjoyed a holiday from history for the past few decades. They've really been able to build societies around an economic and social model that would have been different if they'd had very much of a security and defense mindset.
The Daily
Trump, Europe and the New World Order
They extend well beyond Europe, because if you think about it, the transatlantic alliance is really the bedrock arrangement that has shaped the entire world order for decades. not just militarily, strategically, but also in terms of trade and economic relations. So this is a genuinely shocking moment for Europe and for Europeans.
The Daily
Trump, Europe and the New World Order
There was a very interesting speech by a senior British retired military officer in which he said that young people in Britain were should accept the fact that they're now part of what he called a pre-war generation. In other words, that they should think of the prospect of going to war as something that might really happen.
The Daily
Trump, Europe and the New World Order
That's something that is really quite alien to the post-war European experience. It really changes the identity of what it means to be European. And that's perhaps the biggest challenge of all.
The Daily
Trump, Europe and the New World Order
Well, that adds an extra layer of complexity to the issue because as Europe contemplates making these very heavy investments in defense, they're also having to deal with new economic headwinds in the form of tariffs that the Trump administration has imposed on the EU and on Britain for initially steel and aluminum. But he's promised to impose them on a much broader range of products.
The Daily
Trump, Europe and the New World Order
Most recently, a 200% tariff on European wines and liquors. And you've seen the European Union retaliate by imposing their own tariffs on American products. So they're facing the prospect of economic growth being strangled, their exports being strangled, their costs going up. At the very moment that they're asking their
The Daily
Trump, Europe and the New World Order
electorates to make difficult decisions in terms of perhaps accepting cuts in other social programs or higher taxes to pay for more military spending. So Donald Trump is asking more at the very moment that he's also making life harder for European leaders.
The Daily
Trump, Europe and the New World Order
Well, I'd say they're hoping for the best, but preparing for the worst. So in addition to all the preparations they're making for a world without the U.S., you're also seeing some European leaders try to salvage the transatlantic alliance. The British prime minister, Keir Starmer, has been working the phones, talking to President Trump.
The Daily
Trump, Europe and the New World Order
He's been trying to act as a bridge between President Trump and Vladimir Zelensky to keep the U.S. part of the conversation, to perhaps persuade the U.S. to provide some form of security guarantee for the Ukrainians. And it's had perhaps some marginal effect. After cutting off intelligence sharing and military aid to Ukraine, the U.S. has now restored those two important elements.
The Daily
Trump, Europe and the New World Order
So even as the deeper questions are being asked about the future of the alliance, there's still an effort by European leaders to keep the U.S. in the mix. And I think what that reflects, above all, is a recognition that this process of building an independent European defense capability is such a generational challenge that you simply don't want the U.S. to walk away entirely.
The Daily
Trump, Europe and the New World Order
And that's what a lot of this frantic diplomacy has been about.
The Daily
Trump, Europe and the New World Order
Absolutely. So what I think the U.S. is risking, first of all, is having less leverage and less of a relationship with some of the most powerful and prosperous economies in the world, less ability to count on these countries. for other strategic issues around the world? Would European countries willingly fight alongside the United States in Afghanistan the next time?
The Daily
Trump, Europe and the New World Order
But in some sense, it shouldn't be entirely surprising because if you go back... through time, the Europeans should have seen at least some of this coming. It was being telegraphed to them, not just in the last year, not even just in President Trump's first term, but really over the last 5, 10, even 20 years.
The Daily
Trump, Europe and the New World Order
Hard to say in the current environment. For the most part, the Europeans have tended to side with the United States when the chips are down. A very conspicuous example of this is Europe's use of Huawei, the giant Chinese telecom company, to build its 5G networks.
The Daily
Trump, Europe and the New World Order
Back in 2020, Britain yielded to requests from the first Trump administration not to allow Huawei into its 5G network for national security reasons. If the same decision were to come up today and the U.S. was no longer the steadfast ally it had been, would Britain make a different decision? It's possible.
The Daily
Trump, Europe and the New World Order
So both on a security level and on an economic trade level, the price the United States might pay for this is having less leverage and hence drawing less benefits from the relationship and running the risk that the major beneficiary of all of this is China.
The Daily
Trump, Europe and the New World Order
Yeah, that's a fair question to raise. And to some extent, I think what you're getting at is there is a contradiction in Trump's logic here. One of the arguments that the people around President Trump make is that by reestablishing good relations with Russia, even at the expense of Europe— the U.S. will be able to draw Russia away from China and leave China more isolated.
The Daily
Trump, Europe and the New World Order
But a lot of foreign policy analysts say that's actually completely backwards. What this will do is not give Russia any less of an incentive to ally itself with China, but what it will do is give Europe a much greater incentive to build more and closer commercial ties to China.
The Daily
Trump, Europe and the New World Order
I think what we're seeing here is that Trump brings fundamentally a 19th century view of great power rivalry to foreign policy. The world is dominated by a small handful of great powers who are fundamentally predatory toward their smaller neighbors. And you see that a little bit with Trump's treatment of Canada and Mexico on trade and tariffs.
The Daily
Trump, Europe and the New World Order
You see it also with his desire to annex Greenland, to perhaps annex the Panama Canal. But you also see it in his tolerance of other great powers behaving that way. So that explains his openness to Vladimir Putin absorbing parts of Ukraine and Crimea. It could also, down the road, explain his tolerance for China making moves in its neighborhood. And that's led to fears that China...
The Daily
Trump, Europe and the New World Order
might make a move on Taiwan. So fundamentally, the way Trump seems to think about the world is as a small number of great powers carving up spheres of influence. And the smaller countries that lie within these spheres are simply going to be, in a sense, vassals. They're going to be treated as inferior countries, exploited and preyed upon by the great countries.
The Daily
Trump, Europe and the New World Order
So you could see these last few weeks as the Europeans were finally waking up from a state of denial.
The Daily
Trump, Europe and the New World Order
Candidly, no, because it is so fundamental to the way the U.S. has thought about its place in the world. The superpower status of the United States is not just a function of the size of the U.S. military or the size of the U.S. economy. It's a function of this incredible web of alliances that the U.S. has struck with like-minded countries literally spanning the globe.
The Daily
Trump, Europe and the New World Order
What Donald Trump has done or what he's attempting to do is create a superpower that relies on none of that. that doesn't project power through friendships or shared values, but projects hard power, raw power, forces countries to submit to the United States. And that is an imperial model. We've seen this in earlier times in history, going back to the Roman Empire.
The Daily
Trump, Europe and the New World Order
But we haven't seen this in the modern age, and we've never seen the United States attempt to engineer this. And so it's truly uncharted territory, both for the country and for those of us who write about foreign policy, something we've really truly never seen before.
The Daily
Trump, Europe and the New World Order
The transatlantic alliance was really built out of the ashes of World War II. And it grew out of a number of very high-minded impulses. One, the need to rebuild Europe after World War II. and the need to avoid the kind of horrible bloodshed that we had seen in that war, and also the need to secure democracies and the rule of law.
The Daily
Trump, Europe and the New World Order
So the US and Europe set out to build a number of alliances and institutions that would safeguard the peace and lay the conditions for future prosperity. And these included NATO, that's the North Atlantic Tree Organization, a military alliance that was founded in 1949 and is built around the principle of collective defense.
The Daily
Trump, Europe and the New World Order
They also included the United Nations, and they also created very close economic ties between these countries. So this alliance is built on values, it's built on security, it's built on self-interest, but it was really meant to be the bedrock of the post-war system.
The Daily
Trump, Europe and the New World Order
as the decades unfold and throughout the entire Cold War, European countries are able to sort of essentially shelter under this security umbrella provided by the United States, which allows European countries to build their economies without having to spend a disproportionate amount of money on their own defense.
The Daily
Trump, Europe and the New World Order
Indeed. It sort of gives Europe the ability to focus and drive all their resources and energy into economic and social development rather than having to worry about defense, because much of that is essentially being carried on the shoulders of the United States. And so by the end of the Cold War, you see these countries emerging not just in peace, but also very, very prosperous.
The Daily
Trump, Europe and the New World Order
They developed one of the largest trading blocks in the world, very open trading arrangements with their neighbors, with the United States and with other countries. And so really, the United States helps create a very powerful economic engine in the heart of Europe.
The Daily
Trump, Europe and the New World Order
Well, a couple of things. One is on purely the idealistic level. The U.S. was bolstering like-minded democratic countries and holding back the tide of Soviet communism. So there was an ideological component. But as time went on, there were all sorts of other military and security-related advantages for the United States. Allies fought with the U.S. in the Vietnam War, for example. Mm-hmm.
The Daily
Trump, Europe and the New World Order
And after 9-11, the all-important Article 5 provision of the NATO treaty under which any NATO member who comes under attack is automatically supported by all the other members of the NATO alliance. You saw our allies come to our aid in Afghanistan and elsewhere. So there were over the years a series of military and security advantages for the United States. But it didn't end there.
The Daily
Trump, Europe and the New World Order
There was also an economic component to this. In return for the US's role in helping underwrite the defense of Europe, the US got advantageous access to what was turning into one of the world's great economic and trading blocs. So in the 60s and 70s, you saw American multinationals set up large operations in Europe.
The Daily
Trump, Europe and the New World Order
In the 80s, you began to see American consumer culture come to Europe, the McDonald's on the Champs-Élysées in Paris. In the 90s, you saw German carmakers build factories in the U.S., BMW, Mercedes. And later on, Silicon Valley giants and pharmaceutical companies began setting up regional operations in Ireland. So there's been this enormous amount of bilateral investment and trade.
The Daily
Trump, Europe and the New World Order
And these trade arrangements that the U.S. was able to negotiate with Europe were extremely beneficial to the United States, in part because of this alliance relationship. So it wasn't just about security. It was also about prosperity.
The Daily
Trump, Europe and the New World Order
Right. For both sides, it was a major win-win. And it seemed like this was an unbreakable bond, that the U.S. would never turn away from Europe, and Europe would never turn away from us. Why would they? It was a status quo that could last really forever. But then that changed. And here I'm not talking about Donald Trump. All of this actually begins with Barack Obama.
The Daily
Trump, Europe and the New World Order
Yeah, so even though Barack Obama is not commonly identified as being anywhere close to President Trump on his relations with allies, Some of this slight suspicion for or sense of wanting to look beyond Europe began during the Obama presidency. If you recall, a major foreign policy initiative of the Obama years was the pivot to Asia.
The Daily
Trump, Europe and the New World Order
So Obama came into office, I think, really persuaded that the country's economic future lay in Asia and China.
The Daily
Trump, Europe and the New World Order
He was really looking much more eastward, pivoting away from, to a great extent, from Europe.
The Daily
Trump, Europe and the New World Order
And it's not because Barack Obama didn't want to have good relations with Europe and didn't believe in NATO, but he felt that the nation's focus ought to be more on the relationship with China, and he didn't want so much of the foreign policy and economic focus of the country to be on Europe and the European Union.
The Daily
Trump, Europe and the New World Order
So you have to understand how big a shift this is for an American president not to place Europe at the center of American foreign policy really breaks with decades of foreign policy doctrine in the United States. And this even came up in the 2012 campaign when Obama debated Mitt Romney, the Republican nominee.
The Daily
Trump, Europe and the New World Order
When Romney raised the threat posed by Russia and Vladimir Putin, Obama mocked him.
The Daily
Trump, Europe and the New World Order
You've been wrong. Also, President Obama was not persuaded that America's vital strategic interests lay in countries like Ukraine. Famously, in 2014, he gathered a number of foreign policy specialists together and asked them, what is America's strategic interest in Ukraine?
The Daily
Trump, Europe and the New World Order
His concern was that if we got too embroiled in Ukraine, we risked escalating tensions with Russia, which did have a vital interest in Ukraine. and he was not persuaded that we had a competing interest.
The Daily
Trump, Europe and the New World Order
I was actually on Air Force One traveling with President Obama around that time, and he came back to the press cabin and was speaking to us about his views about American foreign policy, and he raised this issue of questioning America's strategic interest in Ukraine. So this wasn't just something he was talking about behind closed doors. He was musing about it quite openly,
The Daily
Trump, Europe and the New World Order
and I think almost encouraging it to enter the bloodstream.
The Daily
Trump, Europe and the New World Order
It's just that for the first time, you had an American president openly questioning some of the underlying presumptions of this alliance.
The Daily
Trump, Europe and the New World Order
Yes. And then that process accelerated and was supercharged.
The Daily
Trump, Europe and the New World Order
When Donald Trump came to office for the first time in 2017.
The Daily
Trump, Europe and the New World Order
And so throughout Trump's first term, you hear the president going after NATO in increasingly hostile terms. It helps them a hell of a lot more than it helps us. On his first visit to NATO headquarters in 2017, he's shocked by how lavish this new glass and steel building is. It costs more than a billion dollars. This is not fair to the people and taxpayers of the United States.
The Daily
Trump, Europe and the New World Order
Much of which is being picked up by the American taxpayer.
The Daily
Trump, Europe and the New World Order
But Trump's complaints go beyond that. He's really unhappy that none of the other NATO members, in his view, are meeting their defense spending obligations. Germany's paying 1%. We're paying 4%. Explain that one to me, right? He wants them to spend at least 2% of their gross domestic product on military spending, and very few of them are anywhere near that level.
The Daily
Trump, Europe and the New World Order
And so there's this general complaint on Trump's part that this is an alliance of free riders.
The Daily
Trump, Europe and the New World Order
Even suggesting that the U.S. might someday withdraw from the alliance or not uphold the Article 5 principle. And by the end of his term, all but giving these NATO members an ultimatum that they have to pay for their own defense and security.
The Daily
Trump, Europe and the New World Order
Well, the Europeans were annoyed, even somewhat alarmed. But fundamentally, they thought of Trump in that first term as an aberration. They thought that the U.S. had gone off on this rather scary detour, but that it wouldn't really mean the long-term dismantling of the alliance. After all, Trump didn't follow through on many of these threats. He didn't pull out of NATO.
The Daily
Trump, Europe and the New World Order
Well, you called it a seeming breakdown, which actually might underplay what's going on in the transatlantic relationship right now. Just since President Trump took office, you've seen him openly undermine the NATO alliance. You've seen him threaten that the U.S. will no longer provide a security umbrella for Europe. You saw him essentially side with Russia against Ukraine.
The Daily
Trump, Europe and the New World Order
And then, of course, in 2020, Trump lost his re-election. And you had Joe Biden come in.
The Daily
Trump, Europe and the New World Order
…who was a paragon of old-school transatlantic diplomacy. This is a guy who believed in NATO, had been deeply involved in diplomacy with European countries for decades. He's a real traditionalist. Is the world safer with NATO?
The Daily
Trump, Europe and the New World Order
And so the Europeans were reassured. They thought the U.S. is now back to standard operating procedure. And it felt like the status quo had been restored. And indeed, that was reinforced after Russia invaded Ukraine.
The Daily
Trump, Europe and the New World Order
I will not bow down to Putin. Because you saw the United States and Joe Biden come to the aid of Ukraine with heavy duty military aid. And so for the Europeans, it felt very much like the status quo had been restored and Europe could rely on the United States as its guarantor of security for the foreseeable future.
The Headlines
Trump Won’t Rule Out a Recession, and a Crackdown on Campus Protests
Meanwhile... I know that these are dark days. Dark days brought on by a country we can no longer trust.
The Headlines
Trump Won’t Rule Out a Recession, and a Crackdown on Campus Protests
My government will keep our tariffs on until the Americans show us respect.
The MeidasTouch Podcast
GOP Leaders Crack on Live TV as Pressure Grows
Well, I would tell you that the majority of the American people want to make sure that their taxpayers are being used correctly. I don't want anybody to lose their job. That's the last thing we want. But at the same time, any time you're trying to secure this country, which a national security risk we have right now is our national debt, we have to make changes and we have to make it quickly.
The MeidasTouch Podcast
GOP Leaders Crack on Live TV as Pressure Grows
Unfortunately, when we have bureaucrats and politicians that have wastefully spent money The American taxpayer dollars, and we don't have to look any further than USAID to see the wasteful billions of dollars that were spent. Cuts had to take place, and every business owner understands this. Every business owner understands that you have to get your house in order before you can advance.
The MeidasTouch Podcast
GOP Leaders Crack on Live TV as Pressure Grows
That's exactly what Doge is doing. Think about this. Every successful business owner.
The MeidasTouch Podcast
Trump Quickly Folds to Canada as Reality Sets In
America is not Canada and Canada never ever will be part of America in any way, shape or form. We didn't ask for this fight. We didn't ask for this fight. but Canadians are always ready when someone else drops the gloves. So the Americans, they should make no mistake, in trade as in hockey, Canada will win.
The MeidasTouch Podcast
MeidasTouch Full Podcast - 2/25/25
People are like, what's your plan? You're going to cut Medicare? You're going to cut Medicaid? I want you to watch this.
The MeidasTouch Podcast
MeidasTouch Full Podcast - 3/11/25
America is not Canada. And Canada never, ever will be part of America in any way, shape or form. We didn't ask for this fight. We didn't ask for this fight. But Canadians are always ready when someone else drops the gloves. So the Americans, they should make no mistake, in trade as in hockey, Canada will win.
The MeidasTouch Podcast
Furious Canada Destroys Trump After Auto Tariffs
I have the pleasure of being here with Lana Payne, president of Unifor, who will speak to you in a moment. Lana and I were just having a meeting, a pre-scheduled meeting, to discuss the situation in our economy, how we can work together across a range of industries, forestry, aerospace, automobiles, and beyond. During the course of that meeting, President Trump announced 25%
The MeidasTouch Podcast
Furious Canada Destroys Trump After Auto Tariffs
tariffs against our auto industry. And this is a direct attack, to be clear, a direct attack on the very workers that I stood in front of, uniform workers I stood in front of this morning at the Ambassador Bridge, a bridge that is a symbol and a reality up until now of the tight ties between our two countries, ties of kinship, ties of commerce, ties that or in the process of being broken.
The MeidasTouch Podcast
Furious Canada Destroys Trump After Auto Tariffs
We will defend our workers. We will defend our companies. We will defend our country. And we will defend it together.
The MeidasTouch Podcast
Trump’s Plan in Canada Election Backfires in His Face
America is not Canada. And Canada never, ever will be part of America in any way, shape, or form. We... Look. We didn't ask for this fight. We didn't ask for this fight. But Canadians are always ready when someone else drops the gloves. So the Americans, they should make no mistake. In trade, as in hockey, Canada will win.
The MeidasTouch Podcast
Trump’s Plan in Canada Election Backfires in His Face
Let's play it. We have to recognize that the Donald Trump of today is different than the Donald Trump of several years ago. Then his objective was to take more of our market. Now he wants to take our country. Let me finish by pointing out one other thing. Who's the worst person to stand up to Donald Trump? It's Pierre Poliev. He worships the man. He uses his language.
The MeidasTouch Podcast
Trump’s Plan in Canada Election Backfires in His Face
He's not the right person for our country at this crucial time.
The MeidasTouch Podcast
Trump’s Plan in Canada Election Backfires in His Face
...jobs ever had. He got, as being a politician, he was a political staffer. He got elected to the House of Commons very early on, his low 20s. Said he was only going to serve two terms. He's ended up serving, I think he's probably into his fifth. He's got the biggest pension, publicly paid pension of anyone. And he's that lifelong politician that you can only believe so much in the free market
The MeidasTouch Podcast
Trump’s Plan in Canada Election Backfires in His Face
if you're a tenured professor at Chicago or you're a lifelong politician, right? And he just sort of worships in that world. He defaults to the same solutions all the time. And he's also, I honestly believe he disdains much about the country, much of what I just described, which to me and I think to Canadians is the nature of the country, he disdains.
The MeidasTouch Podcast
Trump’s Plan in Canada Election Backfires in His Face
So he's been on this mantra for the last several years, Canada's broken, Canada's broken, and Canada's broken because we're stupid, okay? Canada's broken because we're stupid. And, you know, he finds an echo chamber with Jordan Peterson and other people who he sits down and talks with. So there's a disdain for the country that he envisions.
The MeidasTouch Podcast
Trump’s Plan in Canada Election Backfires in His Face
It's pretty awkward for him now that the country is coming together and the Canadian pride and we're under attack by the very people that he's been cozying up to. So literally, as we speak, he's trying to find a Canadian flag to wrap himself in and and play patriot. Last refuge of a scoundrel.
The MeidasTouch Podcast
Trump’s Plan in Canada Election Backfires in His Face
Look, Stephanie, I follow the rules of the ethics commissioner. I'm following them well in advance of any of the requirements, as you know, because I know you know this, you know that these requirements come into effect in months. We're talking days after I became prime minister.
The MeidasTouch Podcast
Trump’s Plan in Canada Election Backfires in His Face
So I'm complying with the rules of the ethics commissioner, going through the processes and all those things that are necessary. And I will remind you and I'll remind Canadians again, that the leader of the opposition cannot find it.
The MeidasTouch Podcast
Trump’s Plan in Canada Election Backfires in His Face
And look, you look at the questions this evening, you look at the nature of the discussions, look at the nature of discussions I had with the President of France, the Prime Minister of the United Kingdom. The leader of the opposition would not be capable of having those discussions because the leader of opposition refuses to get his security clearance, something that it took me a few weeks to get.
The MeidasTouch Podcast
Trump’s Plan in Canada Election Backfires in His Face
And he has been the leader of the opposition for three years. So I comply with my responsibilities. I comply with the rules well in advance. And the leader of the opposition doesn't take his responsibilities at a time of, well, you should take these responsibilities at any time, but it's particularly remarkable given the stakes in global geopolitics at the moment.
The MeidasTouch Podcast
Trump’s Plan in Canada Election Backfires in His Face
We will never, ever in any way, shape or form be part of the United States. America is not Canada. Look at the ceremony we just have. You could not have had that ceremony. You would not have that ceremony in America. Look at the cabinet behind me. You would not have that cabinet in America. You do not have that cabinet in America. We are a very fundamentally different country.
The MeidasTouch Podcast
Trump’s Plan in Canada Election Backfires in His Face
The president is a successful business person and deal maker. We're his largest client. in so many industries as the Minister of Finance and the Minister of Industry, Monsieur Leblanc and Monsieur Champagne have made this point. And clients expect respect and working together in a proper commercial way. Are you not going to speak with President Trump until he cuts out this 51st state talk?
The MeidasTouch Podcast
Trump’s Plan in Canada Election Backfires in His Face
I look forward to speaking with President Trump, just to be clear. We respect the United States. We respect President Trump. President Trump has put some very important issues at the top of his agenda. We understand his agenda.
The MeidasTouch Podcast
Trump Has Meltdown as His Agenda Completely Fails
Here, play it. There's a lot of talk about reciprocal tariffs. That's broad-based tariffs coming into effect in a couple weeks, I think, early April. If that actually happens and those tariffs stay in place— for any length of time, a couple, three, four, five months, I think that's enough to push the economy into recession, given everything else that's going on.
The MeidasTouch Podcast
Trump Has Meltdown as His Agenda Completely Fails
So, you know, this would be a really weird recession, right? I mean, it's recession by design. You know, the economy came into the year rip-roaring, exceptionally strong, and we're pushing it in because of policy. It just doesn't feel like, you know, that's the direction we need to go. So I suspect the president and the administration at some point will say, okay, enough already.
The MeidasTouch Podcast
Trump Has Meltdown as His Agenda Completely Fails
I don't see that with confidence.
The MeidasTouch Podcast
Trump Has Meltdown as His Agenda Completely Fails
Economic activity continued to expand at a solid pace in the fourth quarter of last year, with GDP rising at 2.3%. Recent indications, however, point to a moderation in consumer spending following the rapid growth seen over the second half of 2024. Surveys of households and businesses point to heightened uncertainty about the economic outlook.
The MeidasTouch Podcast
Trump Has Meltdown as His Agenda Completely Fails
It remains to be seen how these developments might affect future spending and investment.
The MeidasTouch Podcast
Trump Has Meltdown as His Agenda Completely Fails
I do think with the arrival of the tariff inflation, further progress may be delayed. The SEP doesn't really show further downward progress on inflation this year, and that's really due to the tariffs coming in.
The MeidasTouch Podcast
OMG! World Leaders Destroy Trump in Trade War
We are ready to sit down with the Americans, with the U.S. government. I'm ready to sit down with President Trump at the appropriate time under a position where there's respect for Canadian sovereignty. And we're working for a common approach, a much more comprehensive approach for trade.
The MeidasTouch Podcast
OMG! World Leaders Destroy Trump in Trade War
You know, today is a difficult day for Canada. It's a difficult day for the industry because of these unjustified tariffs that have been put on. We and my colleagues... the government. I want to make absolutely clear that we stand foursquare with you in this, and we are doing several things.
The MeidasTouch Podcast
OMG! World Leaders Destroy Trump in Trade War
First, about the same time as we're having this conversation, the Minister of Finance, the Minister of Foreign Affairs are announcing that we will put in place reciprocal tariffs on U.S. steel, on U.S. aluminum, and on a series of other U.S. goods, so the total amount of our tariffs match
The MeidasTouch Podcast
OMG! World Leaders Destroy Trump in Trade War
Now, we don't want to do this because we believe in open borders and free and fair trade, but we're doing this in response. The second thing is that we are going to make sure that all the proceeds from our tariffs go back to support workers in the affected industries, so in the steel industry, in the aluminum industry, and any other industry that the Americans may affect.
The MeidasTouch Podcast
OMG! World Leaders Destroy Trump in Trade War
In addition, we will double down on the partnerships that we have with the industry. As you know, a lot of the big investments here have been in partnership with the federal government, with the Ontario government. The so-called SIP fund is one example. We are proud of
The MeidasTouch Podcast
OMG! World Leaders Destroy Trump in Trade War
what you have accomplished it's a remarkably competitive company it's a world leader who's going to be here for another 30 years another 30 years after that another 30 years after that and i know there's multi-generations of workers here and your children and your children's children will have opportunities to work at defasco and arsenal hotel
The MeidasTouch Podcast
OMG! World Leaders Destroy Trump in Trade War
Let me just say one other point, make a couple other points with respect to the United States and the relationship there. We understand, I understand, I respect President Trump's concern for American workers and American families. We respect his concern about fentanyl. It's an issue for us here in Canada as well.
The MeidasTouch Podcast
OMG! World Leaders Destroy Trump in Trade War
And that's why the Canadian government moved very quickly with a comprehensive response that's had a huge, huge impact in terms of controlling that issue and getting on top of that issue much better. We are ready to sit down with the Americans, with the U.S. government. I'm ready to sit down with President Trump at the appropriate time.
The MeidasTouch Podcast
OMG! World Leaders Destroy Trump in Trade War
under a position where there's respect for Canadian sovereignty, and we're working for a common approach, a much more comprehensive approach for trade. We're all going to be better off. Workers here in Canada, which is our concern, workers in America, which is his concern, we are all going to be better off when the greatest economic and security partnership in the world is renewed, relaunched.
The MeidasTouch Podcast
OMG! World Leaders Destroy Trump in Trade War
That's possible. You have a new government, but the same commitment And that commitment is built rock solid on the commitment you have all made here at DeFasco.
The MeidasTouch Podcast
Fed Up World Leaders Smack Down Trump in Public
And in all that time, he hasn't fixed a thing. He just complains, misleads, and blames everything on someone else. I'm not a politician, but I've always been a liberal. Because liberals believe that people are free to make their own choices. And your government should protect your right to live the life that you want to live.
The MeidasTouch Podcast
Fed Up World Leaders Smack Down Trump in Public
But we also believe that good governments empower their citizens to build great things. We can build the strongest economy in the G7. We can build bridges between each other. We're a proud nation of builders, and now it's time to build.
The MeidasTouch Podcast
Fed Up World Leaders Smack Down Trump in Public
Well, the first thing is we have a lot of cards. We're keeping them close to our chest. We'll start playing a few. decision. Those decisions are for the current government. I've been in close contact with our main negotiators, our foreign affairs minister, our finance minister who've been in Washington, our public safety minister has also been down. We will take steps.
The MeidasTouch Podcast
Fed Up World Leaders Smack Down Trump in Public
I think it's reasonable to expect in the immediate term that we will match dollar for dollar the U.S. tariffs. We will target our tariffs against those goods and services that will most affect the United States and least affect Canada. But to be clear, this will have an impact on the Canadian economy and that impact will be felt more quickly and to a greater extent in the US.
The MeidasTouch Podcast
Fed Up World Leaders Smack Down Trump in Public
But Canadians are in no mood no moot to make any concessions here. This is entirely unjustified. And we have many, many other options that we don't want to deploy, but we will if we have to. And here's the ad that he's running. Let's play it. You can't stand up to Trump when you're working from his playbook. Pierre Poliev has been a politician his entire life.
The MeidasTouch Podcast
Furious World Leaders Destroy Trump on Trade War
So President Trump has just announced a series of measures that are going to fundamentally change the international trading system. Now, in doing so, he has preserved a number of important elements of our relationship, the commercial relationship between Canada and the United States. But the fentanyl tariffs still remain in place, as do the tariffs for steel and aluminum.
The MeidasTouch Podcast
Furious World Leaders Destroy Trump on Trade War
As of this evening, the tariffs on automobiles will enter into force, and the US has signaled that there will be additional tariffs in so-called strategic sectors, pharmaceuticals, lumber, and semiconductors.
The MeidasTouch Podcast
Furious World Leaders Destroy Trump on Trade War
So we're in a situation where there is going to be an impact on the US economy, which will build with time in our judgment, it will be negative on the US economy, that will have an impact on us. But the series of measures will directly affect millions of Canadians. We are going to fight these tariffs with countermeasures.
The MeidasTouch Podcast
Furious World Leaders Destroy Trump on Trade War
We are going to protect our workers and we are going to build the strongest economy in the G7. In a crisis, it's important to come together and it's essential to act with purpose and with force. And that's what we will do.
The MeidasTouch Podcast
Canada Sticks the Dagger in Trump and Knocks Him Out
Our economy is very strong. Look, this is a serious situation. And it will cause pain to our workers, pain to our companies, pain to our economy for a period of time. My government, if I am prime minister, will do everything we can to alleviate that. But we're strong. We are strong. And I would say as well, our economy is stronger than the American economy. in the medium term.
The MeidasTouch Podcast
Canada Sticks the Dagger in Trump and Knocks Him Out
And we are going to be stronger than the American economy, particularly if the US government continues to pursue these types of policies. Because we are looking to expand our trading relationships. We do have opportunities to build this economy. We do have a better balance sheet than the United States. We do have a people who are united and determined to move forward.
The MeidasTouch Podcast
Canada Sticks the Dagger in Trump After His Meltdown
We will never. ever be part of the United States in any way, shape or form.
The MeidasTouch Podcast
Canada Sticks the Dagger in Trump After His Meltdown
Play this clip. We have to recognize that the Donald Trump of today is different than the Donald Trump of several years ago. Then his objective was to take more of our market. Now he wants to take our country. Let me finish by pointing out one other thing. Who's the worst person to stand up to Donald Trump? It's Pierre Poliev. He worships the man. He uses his language.
The MeidasTouch Podcast
Canada Sticks the Dagger in Trump After His Meltdown
He's not the right person for our country at this crucial time.
The MeidasTouch Podcast
Trump has SUNDAY MELTDOWN as Canada STANDS UP
Canada won't bow down to a bully. And we won't stand by as tariffs hurt our workers and their families. Trump wants us to lose our cool and to cave in. That's why Canadians need to be united with the right response. Dollar for dollar tariffs against the U.S. A plan to buy Canadian. A coordinated strategy to boost investment and support our workers.
The MeidasTouch Podcast
Trump has SUNDAY MELTDOWN as Canada STANDS UP
and initiatives to make our economy work better and to diversify our trading partners. Let me be clear, this couldn't be more serious. And in moments of crisis, we need serious leadership and a serious plan. Trump thinks we're pushovers. but he doesn't know Canadians. We will always stand up for our country, and we will get stronger.
The MeidasTouch Podcast
Fox News Crashes on Live TV as Trump Loses All Control
The old relationship we had with the United States based on deepening integration of our economies and tight security and military cooperations is over. What exactly the United States does next is unclear. But what is clear, what is clear is that we as Canadians have agency. We have power. We are masters in our own home who submit We can control our destiny.
The MeidasTouch Podcast
Fox News Crashes on Live TV as Trump Loses All Control
We can give ourselves much more than any foreign government, including the United States, can ever take away. We can deal with this crisis best by building our strength right here at home. It will take hard work. It will take steady and focused determination from governments, from businesses, from labor, from Canadians. We will need to dramatically reduce our reliance on the United States.
The MeidasTouch Podcast
Fox News Crashes on Live TV as Trump Loses All Control
We will need to pivot our trade relationships elsewhere. And we will need to do things previously thought impossible at speeds we haven't seen in generations.
The MeidasTouch Podcast
World Leaders Destroy Trump in Public Show of Force
The old relationship we had with the United States based on deepening integration of our economies and tight security and military cooperations is over. What exactly the United States does next is unclear. But what is clear, what is clear is that we, as Canadians, have agency. We have power. We are masters in our own home who We can control our destiny.
The MeidasTouch Podcast
World Leaders Destroy Trump in Public Show of Force
We can give ourselves much more than any foreign government, including the United States, can ever take away. We can deal with this crisis best by building our strength right here at home. It will take hard work. It will take steady and focused determination from governments, from businesses, from labor, from Canadians. We will need to dramatically reduce our reliance on the United States.
The MeidasTouch Podcast
World Leaders Destroy Trump in Public Show of Force
We will need to pivot our trade relationships elsewhere. And we will need to do things previously thought impossible at speeds we haven't seen in generations.
The MeidasTouch Podcast
World Leaders Put the Screws in Trump as He Secretly Begs
We will never, ever in any way, shape or form be part of the United States. America is not Canada. Look at the ceremony we just have. You could not have had that ceremony. You would not have that ceremony in America. Look at the cabinet behind me. You would not have that cabinet in America. You do not have that cabinet in America. We are very fundamentally different country.
The MeidasTouch Podcast
Trump Gets Smacked in Face as He Runs Away to Golf
We will never, ever in any way, shape or form be part of the United States. America is not Canada. Look at the ceremony we just have. You could not have had that ceremony. You would not have that ceremony in America. Look at the cabinet behind me. You would not have that cabinet. in America. You do not have that cabinet in America. We are a very fundamentally different country.
The MeidasTouch Podcast
Trump SCREWS IVANKA as he lets Elon RUN WILD
1.7 billion women in low and middle income countries still do not own mobile phones. And the gap between men and women with access to the Internet continues to widen.
The MeidasTouch Podcast
Trump SCREWS IVANKA as he lets Elon RUN WILD
Together, on International Women's Day, we are able to highlight women's incredible contributions and launch new initiatives to empower women globally. USAID's newest venture, Women's Connect, takes an innovative approach to bridging.
The MeidasTouch Podcast
World Leaders DESTROY Trump as he SCREWS AMERICA
Ultimately, the steps that the president is taking against Canada, contemplating, I guess, as well against Mexico, China, others, and threatening the world are going to rebound negatively on the United States. They're going to hit growth. They're going to move up inflation. They're going to raise interest rates. They're going to damage the US's reputation around the world.
The MeidasTouch Podcast
World Leaders DESTROY Trump as he SCREWS AMERICA
I mean, let's be absolutely clear. This is the second time in less than 10 years, less than eight years, that the United States has in effect ripped up a trade agreement with its closest trading partner that it negotiated in good faith.
The MeidasTouch Podcast
Canada PM Destroys Trump and Calls Urgent Election
And who are our clients for that? Who are customers? Do we only have one customer to the south of us, the customer that's attacking us? that doesn't respect the trade agreements that they signed? Or should we develop new customers, new customers in Europe? What's required, if I may, what's required for those new customers
The MeidasTouch Podcast
Canada PM Destroys Trump and Calls Urgent Election
is to build out trade corridors and infrastructure, including what I referenced in my previous answer and discussed with the Premier, is the potential to go north, go to new deepwater ports. Churchill is an example. Grey's Point in Nunavut as another. And that creates a whole new set of opportunities
The MeidasTouch Podcast
Canada PM Destroys Trump and Calls Urgent Election
for Albertans as a whole, for people across the country, for these hardworking people around me and those like them in the trades. And that's what my job is.
The MeidasTouch Podcast
Canada PM Destroys Trump and Calls Urgent Election
Well, it's an interesting question, way of framing it.
The MeidasTouch Podcast
Canada PM Destroys Trump and Calls Urgent Election
Look, and I'm going to go back to, I'm going to allude to the question that was asked previously by Mr. Staples from the journal, and the situation that we're in as a country, which is we are in an economic crisis that's brought on, sorry, I'm going to answer the question, brought on by the tariffs that have been put on Canada, actual and prospective.
The MeidasTouch Podcast
Canada PM Destroys Trump and Calls Urgent Election
I certainly... Hey, nobody in Canada created that problem. Nobody in Canada created that problem. The US government has decided to put tariffs on all of its closest allies. All of its closest allies. I wouldn't for a moment suggest that anyone in Canada is the cause of this. What our responsibility is, is to take action to react to a different world that we're in.
The MeidasTouch Podcast
Canada PM Destroys Trump and Calls Urgent Election
And part of the way we do that is we build out new partnerships new opportunities, including opportunities, and I'm going to give you a specific one, and then I don't know if you have one more follow-up, but I'll give you a specific example.
The MeidasTouch Podcast
Canada PM Destroys Trump and Calls Urgent Election
It goes to my previous answer, something I also discussed with the Premier this morning, which is Canada has many advantages, and one of them is in critical metals and minerals. One of the issues is how are we going to develop the trade routes and the trade corridors rapidly in order to export those critical metals and minerals?
The MeidasTouch Podcast
Canada PM Destroys Trump and Calls Urgent Election
It's about getting things done. It's about getting, yes, pipelines built across this country so that we can displace imports of foreign oil. It's about building out the energy infrastructure more broadly here in Alberta, which I would add would include projects such as the pathways. It's about building energy corridors and trade corridors, including potentially up from here through to Nunavut.
The MeidasTouch Podcast
Canada PM Destroys Trump and Calls Urgent Election
So we have additional deep water ports and opportunities there. And so the commitment, and the commitment is to deliver those, and then the federal government using all of its power in order to accelerate delivering those projects. So then it gets into details of what's changed here and there, but the commitment is to deliver faster at a different scale.
The MeidasTouch Podcast
Canada PM Destroys Trump and Calls Urgent Election
And if I may just add one other thing, I said a week ago or 10 days ago that we need to do things that had not been imagined or had not been thought possible at a speed we haven't seen before. And that's the nature of the time. And in order to do that,
The MeidasTouch Podcast
Canada PM Destroys Trump and Calls Urgent Election
we're going to need to use at the federal level, not just a commitment for cooperation, which we have under my government, but also additional levers that we create. And I'll be laying some of those out tomorrow with the premiers.
The MeidasTouch Podcast
Canada PM Destroys Trump and Calls Urgent Election
We are facing the most significant crisis of our lifetimes because of President Trump's unjustified trade actions and his threats to our sovereignty. Our response must be to build a strong economy and a more secure Canada. President Trump claims that Canada isn't a real country. He wants to break us so America can own us. We will not let that happen.
The MeidasTouch Podcast
Canada PM Destroys Trump and Calls Urgent Election
We're over the shock of the betrayal, but we should never forget the lessons. We have to look out for ourselves. We have to look out for each other.
The MeidasTouch Podcast
Canada PM Destroys Trump and Calls Urgent Election
There is so much more to do to secure Canada, to invest in Canada, to build Canada, to unite Canada. That's why I'm asking for a strong, positive mandate from my fellow Canadians. I've just requested that the Governor General dissolve Parliament and call an election for April 28th. And she has agreed.
The MeidasTouch Podcast
Trump Has Meltdown on Plane as He Suffers Bad
America is not Canada. And Canada never, ever will be part of America in any way, shape or form. We didn't ask for this fight. We didn't ask for this fight.
The MeidasTouch Podcast
Furious Canada Inflicts Pain on Trump He Never Expected
counter tariffs and other counter tariff measures we are putting in place so the cost to american based manufacturers uh has changed dramatically with the tariffs that we have put in place we do that with regret in the sense of we're responding to unjustified illegal and misguided tariffs in the united states
The MeidasTouch Podcast
Furious Canada Inflicts Pain on Trump He Never Expected
Vehicle production in the United States, vehicle purchases in the United States, economic activity in the United States, jobs in the auto sector in the United States, all of those are going to go down. They are going to go down. The U.S. is harming themselves with these tariffs.
The MeidasTouch Podcast
Furious Canada Inflicts Pain on Trump He Never Expected
It takes some time for that to filter through, just like it took some time for the impacts of Brexit to filter through to the U.K. economy. But I have seen this movie before. I know exactly what's going to happen. This is what's going to happen to them. The Americans are going to get weaker. We are going to stand by our workers. We are standing by our companies.
The MeidasTouch Podcast
Furious Canada Inflicts Pain on Trump He Never Expected
We are building new trade relationships. We are going to stay strong and get stronger.
The MeidasTouch Podcast
Furious Canada Inflicts Pain on Trump He Never Expected
But there are future job cuts, higher inflation, and likely an American recession ahead. So we're going to protect our workers. We're going to fight back. We're going to build. We're going to get stronger. They're going to get weaker. We're going to get a deal in the end. As far as... It's a more general question than that.
The MeidasTouch Podcast
Furious Canada Inflicts Pain on Trump He Never Expected
But I think the government's strategy that we're putting into practice is to... fight against Canadian tariffs, including for the automotive sector, and it is no longer the case that American vehicles could be sold in Canada without a tariff. That already changes. Okay, first thing. Secondly, to protect Canadian workers and
The MeidasTouch Podcast
Furious Canada Inflicts Pain on Trump He Never Expected
Canadian companies, including GM in Canada, with favorable financing and other initiatives. There are several. In total, it's about $20 billion. Final point. We are building a new Canadian industry with a strategic response fund.
The MeidasTouch Podcast
Furious Canada Inflicts Pain on Trump He Never Expected
Thank you for the question. So as you know, Judy, during an election period, what a government can do is more limited, a so-called caretaker period, which does exist now. What we did as a government in anticipation of this to the maximum extent that we could in advance of the election, is have authorization to put in place tariffs, counter tariffs and other counter tariff measures.
The MeidasTouch Podcast
Furious Canada Inflicts Pain on Trump He Never Expected
We are putting it in place. So the cost to American-based manufacturers has changed dramatically with the tariffs that we have put in place. We do that with regret in the sense of we're responding to unjustified illegal and misguided tariffs in the United States.
The MeidasTouch Podcast
Furious Canada Inflicts Pain on Trump He Never Expected
Vehicle production in the United States, vehicle purchases in the United States, economic activity in the United States, jobs in the auto sector in the United States, all of those are going to go down. They are going to go down. The US is harming themselves with these tariffs.
The MeidasTouch Podcast
Furious Canada Inflicts Pain on Trump He Never Expected
It takes some time for that to filter through, just like it took some time for the impacts of Brexit to filter through to the UK economy. But I have seen this movie before. I know exactly what's going to happen. This is what's going to happen to them. The Americans are going to get weaker. We are going to stand by our workers. We are standing by our companies.
The MeidasTouch Podcast
Furious Canada Inflicts Pain on Trump He Never Expected
We are building new trade relationships. We are going to stay strong and get stronger.
The MeidasTouch Podcast
Furious Canada Inflicts Pain on Trump He Never Expected
Not only by believing in ourselves, but by investing in each other, in our skills, in our talent, in our people. And together, we Canadians will build Canada strong. Thank you very much. I'd be happy to answer your questions.
The MeidasTouch Podcast
Furious Canada Inflicts Pain on Trump He Never Expected
We are facing the biggest crisis of our lifetimes. And as we saw, unfortunately, once again, I'm going to say last week, but I think it was just earlier this week. It's just earlier this week. It's the same week. President Trump is trying to fundamentally restructure the U.S. economy and in the process,
The MeidasTouch Podcast
Furious Canada Inflicts Pain on Trump He Never Expected
He's reshaping, disrupting really, the international trading system that we've known all our lives and rupturing, rupturing the global economy.
The MeidasTouch Podcast
MeidasTouch Full Podcast - 3/28/25
We're done. The old relationship we had with the United States based on deepening integration of our economies and tight security and military cooperations is over. What exactly the United States does next is unclear. But what is clear, what is clear is that we as Canadians have agency. We have power. We are masters in our own home. We can control our destiny.
The MeidasTouch Podcast
MeidasTouch Full Podcast - 3/28/25
We can give ourselves much more than any foreign government, including the United States, can ever take away. We can deal with this crisis best by building our strength right here at home. It will take hard work. It will take steady and focused determination from governments, from businesses, from labor, from Canadians. We will need to dramatically reduce our reliance on the United States.
The MeidasTouch Podcast
MeidasTouch Full Podcast - 3/28/25
We will need to pivot our trade relationships elsewhere. And we will need to do things previously thought impossible at speeds we haven't seen in generations.
Up First from NPR
Canada's New Leader, ICE Arrest Columbia Student, Congress and The Budget
We didn't ask for this fight, but Canadians are always ready when someone else drops the gloves. So the Americans, they should make no mistake, in trade as in hockey, Canada will win.
Up First from NPR
Canada's New Leader, ICE Arrest Columbia Student, Congress and The Budget
We didn't ask for this fight. The Canadians are always ready when someone else drops the gloves. What does Mark Carney plan to do?
WSJ What’s News
Auto Stocks Drop as Trump Plans 25% Tariff on Car Imports
And this is a direct attack, to be clear, a direct attack on the very workers that I stood in front of, uniform workers I stood in front of this morning at the Ambassador Bridge, a bridge that is a symbol and a reality up until now. of the tight ties between our two countries, ties of kinship, ties of commerce, ties that are in the process of being broken.
WSJ What’s News
White House Scales Back Planned April Tariffs
We are facing the most significant crisis of our lifetimes because of President Trump's unjustified trade actions and his threats to our sovereignty.
WSJ What’s News
Democrats Can’t Agree How to Fight Back
We didn't ask for this fight. But Canadians are always ready when someone else drops the gloves. So the Americans, they should make no mistake, in trade as in hockey, Canada will win.