G7 Kananaskis 2025

[Czech_pivo]

Does anyone know of the SK leader still came to the G7 even though Trumpnleft?

Did Carney have any sort of 1 on 1 talk with the SK leader?

 

[Remius]

Does anyone know of the SK leader still came to the G7 even though Trumpnleft?

Did Carney have any sort of 1 on 1 talk with the SK leader?

Yes and yes

Prime Minister Carney meets with President of the Republic of Korea Lee Jae Myung

As Canada diversifies its trade and defence relationships, and rearms its armed forces, the relationship between Canada and Korea has immense potential to prosper further.

www.pm.gc.ca

 

[Blackadder1916]

Does anyone know of the SK leader still came to the G7 even though Trumpnleft?

Did Carney have any sort of 1 on 1 talk with the SK leader?

Yes

Prime Minister Carney meets with President of the Republic of Korea Lee Jae Myung

As Canada diversifies its trade and defence relationships, and rearms its armed forces, the relationship between Canada and Korea has immense potential to prosper further.

www.pm.gc.ca

And from Yonhap, how Korean reporters view it.

Lee, Canadian PM discuss cooperation in defense, arms industry | Yonhap News Agency

By Kim Eun-jung KANANASKIS, June 17 (Yonhap) -- President Lee Jae Myung and Canadian Pri...

en.yna.co.kr

 

[KevinB]

Even short term. We have a number of Indians working for us. IMO its the right thing.

Of course. But short term I see some protesting and possible fall out with the Sikh community. Small price to pay.

Long term it makes strategic sense.

Well until they decide to kill another person they don’t like in Canada…

 

[SeaKingTacco]

Well until they decide to kill another person they don’t like in Canada…

Extra-judicial murder is wrong.

Sloppily ignoring a fundamentalist and (at times) openly violent separatist organization based in Canada is also wrong.

Perhaps Canada and India can meet in the middle somewhere on this.

 

[SeaKingTacco]

To be very clear- I have no issue with Sikhs or anyone else peaceful protesting in Canada. Openly calling for a Khalistani homeland, committing violence or espousing violent rhetoric against the Indian Government and using Canada for cover? Not cool.

 

[CBH99]

Extra-judicial murder is wrong.

Sloppily ignoring a fundamentalist and (at times) openly violent separatist organization based in Canada is also wrong.

Perhaps Canada and India can meet in the middle somewhere on this.

You bet India and us can meet in the middle on this...

If affiliates of this group openly call for anyone to be murdered or harmed, Canada should deport them back to India.

If violence of any kind is promoted through verbal encouragement or physical encouragement, Canada should deport them back to India.

If any of them suggest that Canada should become this imaginary Khalistan they want to create, Canada should deport them back to India.



I have no problem with Sikhs or anybody else exercising their right to protest, especially if they are protesting some sort of injustice in their homeland.

I just wish they would realize that...

a) nobody outside of their group honestly truly gives a s**t...least of all the government they are protesting back home. (Exceptions exist obviously, depending on the cause)

b) creating chaos or mass inconvenience here does NOT tend to foster any sense of sympathy or support for their cause



So feel free to protest. Rally others who believe in the cause. Bring awareness of what's happening in other parts of the world to our attention. Do your thing!

But the moment one group of people march over to the temple or church of another group of people with the intention of being violent or causing fear - every single one of them can get the f**k out immediately.

And I don't mean immediately the way CBSA seems to understand the word, with months of hearing and appeals & appealing the appeal. I mean immediately as in right the f**k now kind of immediately

 

[Kirkhill]

Well I wonder what Carney is thinking right about now?

Pluses:

• Agreed to have a trade agreement locked down in the next 30 days
• He and Trump looked to get along well
• No 51st State chatter
• Trump didn’t lose it on Carney or anyone on our side

Negatives

• The other G5 countries got zero face time with Trump
• The other G20 countries invited got zero fact time with Trump
• No chance for US/Ukraine to mend any bridges
• Have to wonder if the other G5 countries see any value in staying for the remaining 2 days

G7 = US + 6 ( EU3 - France, Germany, Italy with UK, Canada and Japan)
BRICS = Brazil, Russia, India, China, South Africa

Countries not in the Kananaskis photo

US, Russia, China.

People in the Kananaskis photo

Canada, EU (France, Germany, Italy), UK, Japan
Brazil, India, South Africa




Canadian Prime Minister Mark Carney, front fifth from left, stands for the family photo with world leaders and invited guests during the G7 Summit in Kananaskis, Alta., on Tuesday, June 17, 2025. Pictured in the front row from left to right; German Chancellor Friedrich Merz, Australian Prime Minister Anthony Albanese, Mexican President Claudia Sheinbaum, French President Emmanuel Macron, Canadian Prime Minister Mark Carney, Ukrainian President Volodymyr Zelenskyy, Brazilian President Luiz Inacio Lula da Silva, Italian Prime Minister Giorgia Meloni and European Council President Antonio Costa. Pictured in the back row from left to right; U.S. Treasury Secretary Scott Bessent, World Bank President Ajay Banga President of the European Commission Ursula von der Leyen, British Prime Minister Keir Starmer, South Korean President Lee Jae-myung, South African President Cyril Ramaphosa, Indian Prime Minister Narendra Modi, Japanese Prime Minister Shigeru Ishiba, UN Secretary General Antonio Guterres and NATO secretary-general Mark Rutte. THE CANADIAN PRESS/Darryl Dyck

Ukrainian President Volodymyr Zelenskyy,

Canadian Prime Minister Mark Carney,
Mexican President Claudia Sheinbaum,

British Prime Minister Keir Starmer,

French President Emmanuel Macron,
German Chancellor Friedrich Merz,
Italian Prime Minister Giorgia Meloni

Japanese Prime Minister Shigeru Ishiba,
Australian Prime Minister Anthony Albanese,
South Korean President Lee Jae-myung,

Brazilian President Luiz Inacio Lula da Silva,
Indian Prime Minister Narendra Modi,
South African President Cyril Ramaphosa,

World Bank President Ajay Banga
UN Secretary General Antonio Guterres
NATO secretary-general Mark Rutte.
President of the European Commission Ursula von der Leyen,
European Council President Antonio Costa

U.S. Treasury Secretary Scott Bessent,


My take -

Zelenskyy was the talking point

Carney assembled the G7 and its Indo-Pacific allies (Australia and South Korea) from which the US absented itself
Carney assembled the CANUSMA group from which the US also absented itself

Carney also assembled BRICS without Russia or China.
Trump made clear that he would rather be talking to Putin and Xi

Carney also assembled the key talking shops of the post WW2 order

The World Bank
The UN
NATO
The EU
The Commonwealth (Canada, UK, Australia, India, South Africa represent the senior members)

....

This is the group of nations that has the potential to work around the US, Russia and China.

The US is taking itself out of the game and Trump feels that Putin and Xi are the only people worth talking to.

One group that I feel was under-represented was the Eastern European and Nordic bloc.

Carney, Starmer and Albanese are very much aligned with Macron's EU.

Not sure how committed any of them are to defence and energy shifts. There have been some notable rhetorical u-turns recently but I remain dubious about long games and principles.

I also remain concerned about the struggle between the dirigistes (Macron, von der Leyen, Costa, Guterres) and those that are more inclined to voluntary cooperation of sovereign states as exemplified by the Commonwealth. I can't identify any particular champions for the latter view just now and that bothers me.

Trump isn't the only authoritarian at large these days.

 

[CBH99]

Trump isn't the only authoritarian at large these days.

What are your thoughts on Starmer?? Macron?

 

[Czech_pivo]

G7 = US + 6 ( EU3 - France, Germany, Italy with UK, Canada and Japan)
BRICS = Brazil, Russia, India, China, South Africa

Countries not in the Kananaskis photo

US, Russia, China.

People in the Kananaskis photo

Canada, EU (France, Germany, Italy), UK, Japan
Brazil, India, South Africa


View attachment 94059

Canadian Prime Minister Mark Carney, front fifth from left, stands for the family photo with world leaders and invited guests during the G7 Summit in Kananaskis, Alta., on Tuesday, June 17, 2025. Pictured in the front row from left to right; German Chancellor Friedrich Merz, Australian Prime Minister Anthony Albanese, Mexican President Claudia Sheinbaum, French President Emmanuel Macron, Canadian Prime Minister Mark Carney, Ukrainian President Volodymyr Zelenskyy, Brazilian President Luiz Inacio Lula da Silva, Italian Prime Minister Giorgia Meloni and European Council President Antonio Costa. Pictured in the back row from left to right; U.S. Treasury Secretary Scott Bessent, World Bank President Ajay Banga President of the European Commission Ursula von der Leyen, British Prime Minister Keir Starmer, South Korean President Lee Jae-myung, South African President Cyril Ramaphosa, Indian Prime Minister Narendra Modi, Japanese Prime Minister Shigeru Ishiba, UN Secretary General Antonio Guterres and NATO secretary-general Mark Rutte. THE CANADIAN PRESS/Darryl Dyck

Ukrainian President Volodymyr Zelenskyy,

Canadian Prime Minister Mark Carney,
Mexican President Claudia Sheinbaum,

British Prime Minister Keir Starmer,

French President Emmanuel Macron,
German Chancellor Friedrich Merz,
Italian Prime Minister Giorgia Meloni

Japanese Prime Minister Shigeru Ishiba,
Australian Prime Minister Anthony Albanese,
South Korean President Lee Jae-myung,

Brazilian President Luiz Inacio Lula da Silva,
Indian Prime Minister Narendra Modi,
South African President Cyril Ramaphosa,

World Bank President Ajay Banga
UN Secretary General Antonio Guterres
NATO secretary-general Mark Rutte.
President of the European Commission Ursula von der Leyen,
European Council President Antonio Costa

U.S. Treasury Secretary Scott Bessent,


My take -

Zelenskyy was the talking point

Carney assembled the G7 and its Indo-Pacific allies (Australia and South Korea) from which the US absented itself
Carney assembled the CANUSMA group from which the US also absented itself

Carney also assembled BRICS without Russia or China.
Trump made clear that he would rather be talking to Putin and Xi

Carney also assembled the key talking shops of the post WW2 order

The World Bank
The UN
NATO
The EU
The Commonwealth (Canada, UK, Australia, India, South Africa represent the senior members)

....

This is the group of nations that has the potential to work around the US, Russia and China.

The US is taking itself out of the game and Trump feels that Putin and Xi are the only people worth talking to.

One group that I feel was under-represented was the Eastern European and Nordic bloc.

Carney, Starmer and Albanese are very much aligned with Macron's EU.

Not sure how committed any of them are to defence and energy shifts. There have been some notable rhetorical u-turns recently but I remain dubious about long games and principles.

I also remain concerned about the struggle between the dirigistes (Macron, von der Leyen, Costa, Guterres) and those that are more inclined to voluntary cooperation of sovereign states as exemplified by the Commonwealth. I can't identify any particular champions for the latter view just now and that bothers me.

Trump isn't the only authoritarian at large these days.

Interesting thoughts - I agree with the analysis.

I do wonder why Carney chose to have Marcon on the right and not Starmer, I find that interesting and worth pulling on that string a bit more to if it leads to something.

Also, interesting to see that the US Rep, SB, is in the back left corner, almost like an afterthought, next the WB rep, an organisation that I'm sure Trump holds in low regard.

Interesting that Brazil made the front row as Canada has traditionally has had low key relations with them since forever.

Finally choosing Italy in the front row over Japan/UK is another interesting optics.

 

[Kirkhill]

What are your thoughts on Starmer?? Macron?

Starmer is an authoritarian who lacks gumption. His inclination is to tell others how to live their lives and is comfortable writing rules to make it so.

On the other hand he dislikes being gainsaid. He wants to be liked. Therefore he can't come to terms with making people obey all the rules that he writes. He is more comfortable enforcing compliance on the compliant than he is on those likely to actually commit violence.

Macron - self-serving narcissist. Trump's twin. The difference is the US has checks and balances at the establishment level. France's establishment is accommodating. Its checks and balances are in the street. A revolution every couple of decades is good for the soul.

 

[Brad Sallows]

Just random thoughts to allow Canadian money remain in Canada to allow Canadians to do more things for Canada.

If that's your aim, just look for opportunities to buy newly issued shares and corporate bonds.

 

[Kilted]

Of course. But short term I see some protesting and possible fall out with the Sikh community. Small price to pay.

Long term it makes strategic sense.

Well, that would happen regardless, whenever we ended up re-establishing relations with India. As much as we try and maintain good relations with other states and cultures, not all of them get along with each other. In this specific case we don't have a horse in the race (other than trying to stop the violence from occuring in Canada) and barring one side starting to commit actual genocide on the other, we don't have any moral obligation, or justification to share an opinion in support of either side.

 

[foresterab]

If that's your aim, just look for opportunities to buy newly issued shares and corporate bonds.

I wasn't thinking so much my personal investments but more the concept of a nation wide means to buy into a common bond/fund that helps fund things that are important. Debt held by Canadians with the interest paid by the Government back to Canada is better than the Government of Canada sending interest money to a possible hostile nation/non-aligned nation.

War Bonds, Victory Bonds, Canada Savings Bonds all sort of fill this niche. Maybe it's more appropriate to have infrastructure bonds, green bonds and ??? instead of a generic version but small dollar amounts add up if many people participate. I'd much rather be dealing with ads for a campaign like that then the crazy charity payroll deduction option for a charity that only deals with things in the capital and is badly subsidized by staff time.

 

[Oldgateboatdriver]

Extra-judicial murder is wrong.

Wouldn't that eliminate the MI5 "Double-O" program?

Macron - self-serving narcissist.

\You mean, he is French?

 

[Kirkhill]

\You mean, he is French?

Ce n'est pas a moi. Je suis un ros-bif.

 

[Blackadder1916]

I wasn't thinking so much my personal investments but more the concept of a nation wide means to buy into a common bond/fund that helps fund things that are important. Debt held by Canadians with the interest paid by the Government back to Canada is better than the Government of Canada sending interest money to a possible hostile nation/non-aligned nation.

War Bonds, Victory Bonds, Canada Savings Bonds all sort of fill this niche. Maybe it's more appropriate to have infrastructure bonds, green bonds and ??? instead of a generic version but small dollar amounts add up if many people participate. I'd much rather be dealing with ads for a campaign like that then the crazy charity payroll deduction option for a charity that only deals with things in the capital and is badly subsidized by staff time.

It was the cost of administering the program that contributed to CSBs being discontinued. $58 million per year (not including the interest paid) may have made sense in the 1980s (with soaring interest rates contributing to their popularity) when there was $57 billion of CSBs but by 2016 that had waned to $6 billion. It would be preferable for government debt to be held by Canadians, but issuing debt instruments in bulk (thru brokers) makes more sense than through the most popular CSB purchase method of payroll deduction. Despite a sparsity of financial education, Canadians are probably more investment savvy than they were 20/30 years ago, at a minimum aware of RRSP and TFSA availability.

One possible avenue for reinstituting a similar bond issue to fund infrastructure would be if they were tax exempt, such as south of the border with "tax free municipal bonds". Or, since TFSAs already provide a method for individuals (non-institutional) to build investment equity long term without tax, perhaps harking back to a common tradition of "buying a savings bond for a child" to make those bonds tax free as long as they are not redeemed until the child reaches the age of 18. At 18 they would have the opportunity to transfer their savings into a TFSA or use it for whatever they want (one way to get a leg up on property down payment).

 

[daftandbarmy]

Wouldn't that eliminate the MI5 "Double-O" program?


\You mean, he is French?

Point of order...

As I understand it, it's MI6 that needs special permission (double nought) being responsible for 'out of UK' covert operations

MI5 is internal so, luckily, needs no such special policy

 

[foresterab]

One possible avenue for reinstituting a similar bond issue to fund infrastructure would be if they were tax exempt, such as south of the border with "tax free municipal bonds". Or, since TFSAs already provide a method for individuals (non-institutional) to build investment equity long term without tax, perhaps harking back to a common tradition of "buying a savings bond for a child" to make those bonds tax free as long as they are not redeemed until the child reaches the age of 18. At 18 they would have the opportunity to transfer their savings into a TFSA or use it for whatever they want (one way to get a leg up on property down payment).

I do like the concept you're floating...was just thinking of ways to avoid extra overhead. Could it be a modification of the RESP rules (since they also expire around the same time period) and these types of bonds would be allowed in excess of the maximum cap space?

Would need some easy way to transfer them around though which might be as simple as purchasing from a bank or Canada Post (similar to a money order) with the name, date of birth, and address known. ID would be needed to deposit it into the account without bank fees being deducted.

Or MyCRA account registered by SIN number showing holdings in E-format. I have a few investments and there's no more paper shares...just digital stock holdings...all to cut down the overhead costs.

Only other way is using a 3rd party like Computershare who deal with stock certificates and statements but as it's federal I'd recommend fewer 3rd party contractors. I'm also thinking federal systems because the old CSB's of my youth being issued in paper form would be very attractive to the money laundering crowd I have to think...especially as some I paid cash for.

 

[The Bread Guy]

Well until they decide to kill another person they don’t like in Canada…

Or "nudge" a political race here or there, not to mention other shenanigans

Extra-judicial murder is wrong.

Sloppily ignoring a fundamentalist and (at times) openly violent separatist organization based in Canada is also wrong.

Perhaps Canada and India can meet in the middle somewhere on this.

That seems reasonable - not let's see how reasonable all sides will be.