Liberal Minority Government 2025 - ???

[MilEME09]

Too bad Canada wouldn’t become a resource exporting nation, i mean with the worlds third largest O&G reserves and more timber etc then most nations could dream of, let’s continue to mute those sectors and try and battle it out with countries over whether we build their cars or not.

and only exporting our resources, then buying back the finished goods is what has gotten canada to the economic position we are in. I am all for making use of our resources, but how about we start finishing more products here too

 

[QV]

The Americans are out to bleed us dry. To them we are only good for supplying them with natural resources. Until we stand up for ourselves and start doing less business with them and more with other nations, we will continue our way to extinction as a country. I don’t trust China either and have commented countless times about how dangerous they are. But I also feel that it may be in our best interests to play China off against the Americans when it suits our purposes. It’s a dangerous game, to be sure. Mind you, these are dangerous times and we need to re-think all that we’ve been taking for granted for too many decades.

Can't help but wonder that if we did that part right, that other concessions might follow. And not just supplying the US, supplying Germany, Japan, and anywhere else to help offset the dependance on Russian and Middle East energy.

Think about the leverage Canada would have if it were a major energy exporter that countries could source over dictator O&G? Would the US and others look at Canada differently if it could be relied upon as a secure and ethical supply of energy vs how they look at us now with the climate crisis mantra governing our outputs?

All of Canada's problems start and end with how we manage our resources.

 

[QV]

and only exporting our resources, then buying back the finished goods is what has gotten canada to the economic position we are in. I am all for making use of our resources, but how about we start finishing more products here too

Sure.

 

[QV]

Other nations with smaller economies than ours have managed to compete. I’m not saying we can be all things to all people but I do think the market potential is there. Otherwise, we are doomed to become what we’ve tried so hard not to be…glorified hewers of wood and drawers of water. Which is precisely what the U.S. wants us to be…that is, immediately prior to our becoming the 51st state.

Canada should embrace it's strengths. Resources are it's strength. If that offends the sensibilities of some, too bad. The wood and water need to come from somewhere, and if you have it in abundance you ought to market it. If you don't, someone else will.

 

[JLB50]

Canada should embrace it's strengths. Resources are it's strength. If that offends the sensibilities of some, too bad. The wood and water need to come from somewhere, and if you have it in abundance you ought to market it. If you don't, someone else will.

Yes, resources are our strength. But that doesn’t mean that we shouldn’t or can’t round out our economy and develop a more solid industrial base. Other smaller countries have done more with a lot less than Canada to assert their independence. We need to go full tilt and become much more aggressive in looking after ourselves.

 

[QV]

Yes, resources are our strength. But that doesn’t mean that we shouldn’t or can’t round out our economy and develop a more solid industrial base. Other smaller countries have done more with a lot less than Canada to assert their independence. We need to go full tilt and become much more aggressive in looking after ourselves.

We need to go full tilt on the resource sector, our area of strength and could be dominance. Then, when we have clout, we round out as well.

What you seem to purpose is to go "full tilt" on areas that are outside our control. Good luck with that.

 

[The Bread Guy]

We need to go full tilt on the resource sector, our area of strength and could be dominance.

Unless you happen to want to send, say, softwood lumber south, in which case both Red & Blue federal governments have caved to the US - and although some here suggest Canada bend the knee even more, never worked with that particular resource.

 

[Altair]

The Americans are out to bleed us dry. To them we are only good for supplying them with natural resources. Until we stand up for ourselves and start doing less business with them and more with other nations, we will continue our way to extinction as a country. I don’t trust China either and have commented countless times about how dangerous they are. But I also feel that it may be in our best interests to play China off against the Americans when it suits our purposes. It’s a dangerous game, to be sure. Mind you, these are dangerous times and we need to re-think all that we’ve been taking for granted for too many decades.

Argentina just took Trump bailout money one day, and signed a deal with the Chinese the next.

Other countries are calling the bluff. I'm not saying Canada is Argentina, but just saying, we wouldn't be the only ones watching mommy and daddy fight and figuring out you can get candy from both.

 

[Kirkhill]

Carney meets with the Eurasia Group ... Vice Chairman Gerald Butts

Canada and U.S. 'much more coordinated' than it appears, Carney says to summit

Carney spoke about hockey, the World Series, and said that Canada had the “best deal of anyone” when it came to U.S. tariffs.

nationalpost.com

Climate policy expert... Diane Fox Carney

Eurasia Group | Diana Fox Carney, Climate Policy Expert, Joins Eurasia Group as Senior Advisor

Eurasia Group, the world’s leading political risk research and consulting firm, is delighted to welcome Diana Fox Carney as senior advisor on climate policy.

www.eurasiagroup.net

Diana Fox Carney - Balsillie School of International Affairs

Diana Fox Carney is an adviser to companies and investors that are seeking opportunities in the transition to a greener, more nature positive economy. She is a Senior Adviser on climate to growth equity fund, BeyondNetZero and to Africa investor, Helios Climate. She is also a Senior Advisor at...

balsillieschool.ca

Still waiting for a BC pipeline. I guess we ate going to get Keystone first.

Elbows up Gordie!

 

[MilEME09]

Only what, 10 years after originally promised? Carney announces the automatic tax filing program with begin next year. Starting with 5.5 million low income canadians.

Automatic tax filing, permanent school food program coming in budget: Carney

Prime Minister Mark Carney is announcing a series of affordability measures Friday, making good on some spring campaign commitments ahead of the fall budget.

www.ctvnews.ca

 

[Czech_pivo]

Only what, 10 years after originally promised? Carney announces the automatic tax filing program with begin next year. Starting with 5.5 million low income canadians.

Automatic tax filing, permanent school food program coming in budget: Carney

Prime Minister Mark Carney is announcing a series of affordability measures Friday, making good on some spring campaign commitments ahead of the fall budget.

www.ctvnews.ca

I believe that the article states that it was first announced in the Speech from the Throne in 2020.

 

[MilEME09]

I believe that the article states that it was first announced in the Speech from the Throne in 2020.

you are correct I missed that, I do think this will benefit those on fixed income like seniors, I know my wifes grandma got screwed this year because the person hired to do her taxes magically forgot to file, which screwed up all her benefits.

 

[Czech_pivo]

Here's some encouraging news

Canada's economy added 60,000 jobs in September, with gains led by manufacturing​

Economists expected only a modest uptick in employment number​

Canada's economy added 60,000 jobs in September, beating expectations with gains largely led by the tariff-vulnerable manufacturing sector, Statistics Canada said on Friday.

The data agency said 28,000 jobs were added to manufacturing, marking the industry's first increase in employment since January and since the U.S. trade war forced it to contend with thousands of job losses.

The increase was concentrated in Ontario and Alberta, and partly offset the 58,000 manufacturing jobs lost between January and August of this year. While part-time employment fell by 46,000, about 106,000 full-time jobs were added.

However, the big picture is that employment has inched up only 0.1 per cent over the last eight months since trade uncertainty started bubbling up in late January, Porter noted.


The fact that 'employment' went up is the biggest news out of this story. This means that the labour participation rate went UP, which is exactly what you want to happen. The country needs the labour participation rate to be ideally above 66% as that reflects that Goldilocks number of labour where 'full employment' starts to occur.

EDIT:
I hit sent before adding this key piece of data as well: Average hourly wages went up by 3.3 per cent, or $1.17, to $36.78 compared to the same time last year - This is another piece of encouraging news as wages rising greater than the inflation rate leads to a higher overall standard of living. This is good news, not to be discounted.

https://www.cbc.ca/news/business/canada-economy-jobs-september-9.6934431

 

[Brad Sallows]

If you choose China, eventually you will have nothing. They will make sure of it.

Yes; your tech - whatever you have that they can get hands on - will be leached, and gradually manufacturing will be moved. Cooperation with China would be the fastest path to becoming the hewer-of-wood-and-drawer-of-water nation that some claim to oppose.

[Add: entertaining thoughts of working with China, given all that has transpired so far, is stupid right down to the bone. "Gee, we ought to kiss the ass of this super-unfriendly manifestly empire-aspiring country that at least is separated from us by an ocean to spite the slightly-unfriendly country immediately to our south."]

 

[daftandbarmy]

It seems we are economic cowards, and it's not helping in a time of crisis ...

RBC chief executive says too much of Canada's economy put under 'bubble wrap'​

CALGARY — The chief executive of the country's biggest bank says Canada needs to become less risk-averse if it is to prosper in the face of global trade upheaval.

"We bubble wrap way too many things in this country because we're afraid of making a mistake," Royal Bank of Canada boss Dave McKay told a Calgary Chamber of Commerce luncheon on Wednesday.

Trepidation at all levels of government has made for lengthy approval timelines for new projects, McKay said.

"Time costs money. Uncertainty costs money. Therefore, it's very difficult for us as a country to move forward on things with any degree of confidence and speed, and the rest of the world feels that," he said.

McKay said there have been a number of false starts on new major infrastructure projects, and that's caused companies to balk at putting up capital.

"You have a number of leadership teams that say, 'I can't invest a ton more energy, money and time into this if it's going to go down a rabbit hole," he said.

"So we need to move forward and get these things approved and then start securing the financing because it's there. It's just waiting for us to get out of our own way."

RBC chief executive says too much of Canada's economy put under 'bubble wrap'

CALGARY — The chief executive of the country's biggest bank says Canada needs to become less risk-averse if it is to prosper in the face of global trade upheaval.

ca.finance.yahoo.com

 

[MilEME09]

60k new jobs, 28k just in manufacturing is a pretty healthy increase for out economy. Nice to see more increase in full time vs part time jobs

https://www.cbc.ca/news/business/canada-economy-jobs-september-9.6934431

 

[daftandbarmy]

60k new jobs, 28k just in manufacturing is a pretty healthy increase for out economy. Nice to see more increase in full time vs part time jobs

https://www.cbc.ca/news/business/canada-economy-jobs-september-9.6934431

Youth unemployment remains very high...

Unemployment rate up among young students​

Infographic 2 ​

The youth unemployment rate edged up to 14.7% in September, the highest rate since September 2010 (excluding 2020 and 2021). Compared with 12 months earlier, the youth unemployment rate was up 1.2 percentage points.

The increase in the youth unemployment rate over the 12 months to September was primarily due to rising unemployment among students. In September 2025, the unemployment rate among youth attending school was 17.1%, up 3.1 percentage points from the same month in 2024. In comparison, the unemployment rate among youth not attending school was 11.9% in September, virtually unchanged from 12 months earlier (not seasonally adjusted).

The Daily — Labour Force Survey, September 2025

Employment increased by 60,000 (+0.3%) in September and the employment rate rose by 0.1 percentage points to 60.6%. The unemployment rate was unchanged at 7.1%.

www150.statcan.gc.ca

 

[MilEME09]

The increase in the youth unemployment rate over the 12 months to September was primarily due to rising unemployment among students. In September 2025, the unemployment rate among youth attending school was 17.1%, up 3.1 percentage points from the same month in 2024. In comparison, the unemployment rate among youth not attending school was 11.9% in September, virtually unchanged from 12 months earlier (not seasonally adjusted).

The Daily — Labour Force Survey, September 2025

Employment increased by 60,000 (+0.3%) in September and the employment rate rose by 0.1 percentage points to 60.6%. The unemployment rate was unchanged at 7.1%.

www150.statcan.gc.ca

So less students are being hired? Given how the student population has been also increasing, I wonder if we are seeing the limit of how many students employers can take on?

 

[Furniture]

So less students are being hired? Given how the student population has been also increasing, I wonder if we are seeing the limit of how many students employers can take on?

I'm more inclined to think that it's a case of more experienced people swooping in and taking the "entry level" jobs.

If I was an employer, I'd take a 24 year old with rent to pay over a 19 year old living at home and going to school.

 

[HavokFour]

China is signaling it wants to play ball.

China will remove canola tariffs if Canada scraps EV levies: ambassador

China will remove its tariffs on Canadian agriculture — including on canola products — if Canada scraps its levies on Chinese electric vehicles, that country’s ambassador says.

www.ctvnews.ca