CAN-USA 2025 Tariff Strife (split from various pol threads)

[PrairieFella]

Of course. Canada leans socialist and the LPC have pushed in that direction. I wasn't happy with PP's approach to the US either. I think his policies would have been better for the country, but I'm not too fussed he lost. There are many bonus' to another LPC win.

I dont think you know what socialist means.

 

[PrairieFella]

Show me Energy East being shoved through Quebec and more tankers off the west coast and I'll believe C-5 is a success.

Surely you would have shown PP the same grace expecting results days after the bill passes?

 

[PuckChaser]

Surely you would have shown PP the same grace expecting results days after the bill passes?

That whataboutism is strong here, but I wouldn't be cheerleading promises without shovels in the ground.

 

[Remius]

Surely you would have shown PP the same grace expecting results days after the bill passes?

I think it is reasonable to expect and want to see results before giving credit where credit is due.

I also think you are correct that unrealistic time expectations that would not be expected of others is a fair argument.

 

[Brad Sallows]

You’ve prefaced your question as if we won’t have a budget for three and a half years. Why is that?

If fiscal tumult is proposed as the excuse for not providing a budget, absence of tumult removes the excuse. However, there is no reason to assume there should be an absence of tumult any time soon, since Trump is the source and will be president until his successor's inauguration. If the likelihood of having to put up a budget during a period of fiscal tumult in the near future is substantial, we might as well have the budget now.

 

[The Bread Guy]

Repeal of consumer carbon tax was a cheap political trick to save their asses in the election. Without removing industrial carbon tax, it's just hidden the cost from the electorate. We're supposed to be happy it's gone when we were supposedly getting more money back from the rebates? That's gaslighting 101.

Agreed on the industrial carbon tax, but gaslighting? On this one, Team Blue spent a significant bit of time, energy, resources and political capital calling for Team Red to axe the tax. I guess Team Blue didn’t realize the rebate would end, too? Like with the “Justin must go” line of effort showed, careful what you wish for (especially re: what one says Canadians'll be happy to get rid of), and don't forget potential unintended consequences.

NATO pledge for 5% GDP was being walked back almost as fast as our immediate 20% pay raise. It's really only 3.5%, with (important) economic projects counting as part of it. I personally don't think we're even mature enough to spend 2% …

1000%

Show me Energy East being shoved through Quebec and more tankers off the west coast and I'll believe C-5 is a success.

Agreed - especially with next to zero public opposition from Team Blue on the legislation. Proof = pudding.

CPC knows Canadians don't want an election again, trying to claim the Liberals "won support" is laughable.

I'll agree that Team Blue may not have lost as much support as the worst haters say, but I can't agree that the Liberals did worse after PMJT GTFO'ed.

 

[brihard]

If fiscal tumult is proposed as the excuse for not providing a budget, absence of tumult removes the excuse. However, there is no reason to assume there should be an absence of tumult any time soon, since Trump is the source and will be president until his successor's inauguration. If the likelihood of having to put up a budget during a period of fiscal tumult in the near future is substantial, we might as well have the budget now.

I guess that’s one take you could pick, sure. It isolates the issue from reality though. That reality includes ongoing trade talks that both sides want to achieve results on quickly, NATO talks on defence spending that have occurred since the ‘no budget this spring’ decision, other bilateral or multilateral trade discussions Canada’s in outside of the Can/US bilateral relationship, which are ongoing and actively moving pieces down the board.

While there will always be ongoing events that will have some lesser or greater economic impact, right now not just Canada but the entire developed world is navigating some major restructuring of relationships, so we’re well outside the normal fluctuation. And because industries and businesses need some predictability, pretty much everyone is trying to arrive at some agreements pretty swiftly.

All of that, coupled with with the fact that the PM has specifically promised a budget in the fall, has me personally not too concerned about the lack of one now. Spending still has to pass through Parliament - and it has. A fall budget will likely still face less predictability and more volatility than most would, but it’s also likely to be a much more settled situation than the past couple months.

If we don’t see a federal budget in the fall, that’s where my patience would wear out.

 

[Underway]

All of that, coupled with with the fact that the PM has specifically promised a budget in the fall, has me personally not too concerned about the lack of one now. Spending still has to pass through Parliament - and it has. A fall budget will likely still face less predictability and more volatility than most would, but it’s also likely to be a much more settled situation than the past couple months.

I'm not concerned, but I don't like it. There should be an economic update soon. We, the public are required to see what is going on with our purse.

Unpredictable, or "needing to get a handle on it" or commiting to big spending in the short term are all reasons to wait out so your first financial update/budget is based in reality.

 

[brihard]

I'm not concerned, but I don't like it. There should be an economic update soon. We, the public are required to see what is going on with our purse.

Unpredictable, or "needing to get a handle on it" or commiting to big spending in the short term are all reasons to wait out so your first financial update/budget is based in reality.

I don’t like it either. I don’t like that these are the circumstances our country is in. I do respect that the PM it approaching it all rationally.

 

[Czech_pivo]

I'm not concerned, but I don't like it. There should be an economic update soon. We, the public are required to see what is going on with our purse.

Unpredictable, or "needing to get a handle on it" or commiting to big spending in the short term are all reasons to wait out so your first financial update/budget is based in reality.

If by ‘the fall’, it means that by Sept 26th we get a budget, I’m fine with it, but if ‘by the fall’, turns out to be Dec 16th, then I’m not happy with the extended delay.

 

[brihard]

If by ‘the fall’, it means that by Sept 26th we get a budget, I’m fine with it, but if ‘by the fall’, turns out to be Dec 16th, then I’m not happy with the extended delay.

Parliament resumes September 15th. I would expect it to be a priority item then.

 

[Remius]

U.S. report finds fentanyl crossing from Canada ‘not an important part of this story’

Barely any of the fentanyl seized in the United States originates from Canada, according to a new report from U.S. think tank the Manhattan Institute.

www.ctvnews.ca

Duh.

 

[HavokFour]

Something something honey, something vinegar.

Greenland awards Canadian miner permit for metal critical to defence industry

Greenland Resources given OK to explore for molybdenum as Arctic island and its mineral riches have become hot geopolitical topics. Read on.

financialpost.com

 

[Remius]

Something something honey, something vinegar.

Greenland awards Canadian miner permit for metal critical to defence industry

Greenland Resources given OK to explore for molybdenum as Arctic island and its mineral riches have become hot geopolitical topics. Read on.

financialpost.com

And this too..

https://www.cbc.ca/news/canada/montreal/norwegian-lng-quebec-1.7577588

 

[The Bread Guy]

And just to lighten things up without tooooooo much of a derail, here's how Penguin Island (may have?) responded to tariffs The style may be not unfamiliar to cold warriors out there - no pun intended. Have a good night & a great weekend!

 

[HavokFour]

Looking Beyond the U.S. for Trade, Canada Begins Shipping Natural Gas to Asia

A tanker is headed to South Korea with a first shipment of liquefied natural gas from Canada, which hopes to reduce its export reliance on its neighbor.

Coming off the news of the renewed 25% blanket tariffs on Japan, South Korea, Malaysia, Kazakhstan, South Africa, Laos and Myanmar (so far).

 

[dapaterson]

Plus side: a tariffed South Korea may be willing to give better deals to DND to protect industrial capacity.

 

[PrairieFella]

Plus side: a tariffed South Korea may be willing to give better deals to DND to protect industrial capacity.

If we buy 12 subs, they give us 100 AS21s free?

 

[Maxman1]

Or K9 Thunders.

 

[PrairieFella]

Or K9 Thunders.

Sign me up