Liberal Minority Government 2025 - ???

[Brad Sallows]

As a matter of pure economics, we should aspire to a high-value currency which would allow us to consume more. A low-value currency is a lazy way to be trade-competitive. Canadians ought to be able to consume more without essentially subsidizing lazy exporters.

 

[MilEME09]

Shocking I know.

I think some people get really excited when they see weakness in the PPs leadership. I understand, I was the same way at the end of JTs tenure.

He is going to have a leadership review soon.

Which goes towards the belief that we wont get an election if their own house isnt in order

 

[Altair]

As long as we don't need to buy the widgets to make the gadgets ......

CUSMA makes cheap (Mexican peso, not quality)Mexican widgets even cheaper.

CUSMA when it works properly grants Canada the best of both worlds.

 

[Altair]

https://www.cbc.ca/news/politics/pushing-yelling-conservative-leadership-dentremont-9.6972680

Nova Scotia MP Chris d’Entremont says pushing and yelling from Conservative Party leadership "sealed the deal" on his choice to cross the floor of the House of Commons to the Liberals this week.

After d’Entremont’s musings over a possible defection were reported by Politico on Tuesday, the MP says Conservative House leader Andrew Scheer and party whip Chris Warkentin “barged” into his office, pushed his assistant aside and yelled at him about “how much of a snake” he was.

“It really pushed me to a point where it’s like, 'OK, I guess my decision is made for sure now,'” he said in an interview on CBC's Rosemary Barton Live that aired Sunday morning.

Yikes.

 

[GR66]

https://www.cbc.ca/news/politics/pushing-yelling-conservative-leadership-dentremont-9.6972680

Yikes.

And the response from Poilievre's office is "liar, liar, pants on fire"

"Chris d’Entremont, who established himself a liar after wilfully deceiving his voters, friends and colleagues because he was upset he didn’t get his coveted deputy speaker role, is now spinning more lies after crossing the floor. He will fit in perfectly in the Liberal caucus," a spokesperson for the Office of the Leader of the Official Opposition said in a statement to CBC News.

 

[MilEME09]

And the response from Poilievre's office is "liar, liar, pants on fire"

Typically a claim like this wouldn't be made without evidence. If there is audio or video of this, that would likely spell bad news for the CPC as if proven the optics are terrible.

 

[Navy_Pete]

Typically a claim like this wouldn't be made without evidence. If there is audio or video of this, that would likely spell bad news for the CPC as if proven the optics are terrible.

Presumably there is at least two witnesses with his assistant, plus whoever else was in the area. Lot more credible of a claim then the CPC mean girls rebuttal that didn't actually address any of this. Also consistent with their tactics and complaints of harrassment leading up to and during the election.

These guys are clowns but trying to posiiton themselves as the responsible adults in the room while behaving like inept schoolyard bullies.

 

[GK .Dundas]

Which goes towards the belief that we wont get an election if their own house isnt in order

Don't count on it , that would require them to be able to anything but delusional...
And currently....

 

[PPCLI Guy]

I guess that's better for trade competitiveness. I figured the dollar being 80-90 on the USD would mean export demand might decrease slightly but domestic consumers get cheaper imports. We end up marginally less competitive ininternationally but with better domestic buying power.

Thanks for getting me to look deeper. This article would suggest you have it right.

 

[Altair]

Thanks for getting me to look deeper. This article would suggest you have it right.

In a high tariff environment where the Canadian economy needs to export even more to make up for the shortfall in exports to the USA, a 70 cent dollar works much better than a 80 cent dollar.

Put another way, tariffs make it more expensive for Americans to import Canadian goods, but a 70 cent Canadian dollar makes it cheaper.

80 cent dollar just makes whatever tariffs bite more, because instead of something that costs 70 dollars, plus tariffs, will cost 80 dollars, plus tariffs.

I'm not saying that article is wrong, but I will say 2021 did not have the Americans tariffing everything and us needing to shift our trade around internationally in 2025 on their radar.

 

[Halifax Tar]

Interesting data

Canadians React to Budget 2025: Split Views, Muddled Message, and a Test of Trust in Carney’s Leadership - Abacus Data

%

abacusdata.ca

 

[PPCLI Guy]

In a high tariff environment where the Canadian economy needs to export even more to make up for the shortfall in exports to the USA, a 70 cent dollar works much better than a 80 cent dollar.

Put another way, tariffs make it more expensive for Americans to import Canadian goods, but a 70 cent Canadian dollar makes it cheaper.

80 cent dollar just makes whatever tariffs bite more, because instead of something that costs 70 dollars, plus tariffs, will cost 80 dollars, plus tariffs.

I'm not saying that article is wrong, but I will say 2021 did not have the Americans tariffing everything and us needing to shift our trade around internationally in 2025 on their radar.

Roger that. Somewhere in the addled recesses of my brain I remembered that 70-75% has always been the sweet spot, so I looked and found that article...which shows that the sweet spot is dependent on the global economy and a host of other factors.