Showing posts with label Canada. Show all posts
Showing posts with label Canada. Show all posts

Saturday, July 12, 2025

Trump's stupid bullying of Jerome Powell is analogous to his stupid bullying of Canada's Justin Trudeau and now Mark Carney

Jerome Powell doesn't set interest rates.
 
The Federal Open Market Committee sets interest rates. That's why the release of the committee's prior meeting minutes is always keenly awaited and is by itself a major market mover. Powell's is one vote among many on the FOMC:
 
Where interest rates should be today, and when they should be reduced, is already a topic of debate inside the Fed, a decision, it should be noted, that cannot be made unilaterally by the chair. Powell’s leadership and professionalism does not appear to be a concern within the halls of the central bank. Certainly, none of his colleagues, present or past, have made the case that he is incompetent. 
 
 
Similarly the Canadian Prime Ministers' control over trade decisions is also muted, deferring as they must to provincial and territorial authorities.
 
Trump bullies people like this who cannot make unilateral changes to policy in order to make himself look like an assertive leader to his equally stupid followers.
 
That's why people like Larry Kudlow disgust me. He knows what I am writing is true, but he joins in on the pig pile nonetheless. 
 
Greater things are at stake in this than interest rate policy. Trump is playing with fire. 

  

Friday, July 11, 2025

The great impediment to a U. S. - Canada trade deal which most people in the U. S., including our dunce of a president, don't seem to understand is that it's not Mark Carney standing in the way, it's Canada's sovereign 10 provinces and 3 territories


 

Canada is today's poster child for America's bad old system of states' rights.

Canada does not have free trade with itself, let alone with the United States. Imagine not being able to drive an 18-wheeler cross country. 

 

 Is Canada now free of internal trade barriers? Not yet, says expert: Breaking down interprovincial trade barriers is still a work in progress, says expert

... When Carney made his campaign promise, he was talking about cutting red tape put up by the federal government — not the rules set by the provinces, which have the most authority in this area. ... 

There is no comprehensive list of existing internal trade barriers. Even some lobby groups have told parliamentarians they don't know how many barriers their own industries face.

There isn't even consensus on what all counts as a trade barrier. ...

Internal Trade Minister Chrystia Freeland, who has repeatedly stated that most of the barriers are at the provincial level, testified to the Senate that she will meet with her provincial counterparts on July 8 to discuss next steps.

One major obstacle is in Freeland's crosshairs: Canada's patchwork of interprovincial trucking regulations.

"One of three areas that I will be putting on the agenda at that meeting is trucking," she said on June 16. "It should be a lot easier than it is to drive a truck from Halifax to Vancouver. We need to get rid of conflicting requirements."

 

 

Saturday, June 28, 2025

Trump administration fails to intimidate Canada, goes Galt and ends trade talks


 

 
 
 
 
 
 
... The first payments from Canada’s digital services tax, which was enacted last year and applies retroactively to 2022, are set to be collected Monday. The tax would hit both domestic and foreign tech companies, including U.S. giants such as Amazon, Google and Meta.

Canadian officials said this month that they would not pause the digital services tax, despite ferocious opposition from the United States.

“Obviously, we think it’s patently unfair to do it retroactively,” Treasury Secretary Scott Bessent said later Friday on CNBC’s “Closing Bell: Overtime.”

Bessent said the Trump administration was hoping that Carney’s government would “put a brake on” the tax “as a sign of goodwill.” ...

 

Trump's idea of good will is 50% tariffs on Canadian steel and aluminum, 25% tariffs on autos, an overall 10% tariff on most everything else, and a 25% "fentanyl" tariff.

 

 

Tuesday, May 6, 2025

A week before the 60-day War Powers Act deadline, the Houthis conveniently cry uncle and pledge to halt attacks on US naval forces and Red Sea shipping


 

Israel wipes out the Houthi airport, fuel supplies, and concrete factory and then they finally cry uncle? 

Something doesn't add up here.

Trump announces US will stop bombing Houthis 

... Trump, ahead of a meeting with Canadian Prime Minister Mark Carney, said the halt would start immediately. The Houthis approached the administration on Monday night indicating “they want to stop the fighting,” he said. ...

Israel escalated strikes against the Houthis on Monday night with 20 fighter jets bombing the rebel-held port city of Hodeidah. Israeli forces were responding to a ballistic missile strike against the Jerusalem airport by the group. The Trump administration also labeled the Houthis a terror group in March, changing a Biden-era policy. ... Houthi strikes against the waterway have declined significantly in recent months, and the group hasn’t targeted a commercial vessel since late December. ... 

Israel's military says it has fully disabled Yemen's main airport with strikes... 

... “We indirectly informed the Americans that the continued escalation will affect the criminal Trump’s visit to the region, and we have not informed them of anything else,” said Mahdi al-Mashat, head of the Houthi’s supreme political council, in a statement carried by the rebel-controlled SABA news agency early Wednesday. Trump is due to visit Saudi Arabia, Qatar and the United Arab Emirates next week. ...

Tuesday, April 29, 2025

Popular support for Canada's Conservatives was actually tops in 2021 at 5.7 million votes, but in 2025 falls to second place at 8.06 million

In neither case however did Conservatives gain enough seats to form a government.

The Conservative Pierre Poilievre loses this election to the Liberal Mark Carney.

After Liberal Justin Trudeau resigned as PM in January, Carney became Liberal Party leader and PM in March, and promptly eliminated the consumer carbon tax ahead of this election, taking away a key issue of the Conservatives.

That, and Trump's hostility toward Canada, made this election outcome a fait accompli.

 



Globalist Rod Dreher draws a red line in Canada lol, America's just chopped liver

Rod Dreher, world citizen.

 


Thursday, April 10, 2025

Canada stopped exports of hydroelectric power to New England on March 6th

On March 6, at the start of the still-simmering trade war between the U.S. and Canada, hydropower generator Hydro‑Québec quietly stopped exporting electricity to New England. ...

Hydro‑Québec’s main transmission line into New England, known as the Phase II line, stopped exporting any meaningful amount of power two days after President Donald Trump’s tariff on Canadian imports went into effect. Last March, by comparison, anywhere from a few hundred megawatts to more than 1,200 MW flowed along the line at any given time, making up between 5% and 10% of the region’s electricity use on average, Turner estimated. ... 

Last year, 5,560 gigawatt-hours of power traveled into the region over the Phase II line, less than half the amount exported in 2022. ...

More.

Sunday, March 16, 2025

The United States consumed 20.25 million barrels of oil per day in 2023, 3.88 million of which come from Canada and 3.38 million from Alberta lol


 

  What could possibly go wrong?

... Canada is the fourth largest oil producer in the world and Alberta is the country’s biggest producer. Some 97% of the country’s 4 million bpd of oil exports went to the U.S. in 2023 with several European nations and Hong Kong taking the remainder, according to Canada’s energy regulator. Alberta supplied 87% of the oil exported from Canada to the U.S. in 2023. ...

[Alberta Premier Danielle] Smith said Canada is looking at three different pipeline proposals to its West Coast, at least one pipeline into the Northwest Territories, one into Manitoba, one to the Hudson Bay, and one into Eastern Canada.

“Those are conversations we were not having three months ago,” [provincial energy minister Brian] Jean said of the pipelines. ...

More.

Monday, March 10, 2025

Ontario's Doug Ford slaps 25% tariff on electricity bound for Minnesota, Michigan, and New York, threatens total cut-off


 

 

... “I will not hesitate to increase this charge. If the United State escalates, I will not hesitate to shut the electricity off completely,” Ontario Premier Doug Ford said at a news conference in Toronto. “Believe me when I say I do not want to do this. I feel terrible for the American people who didn’t start this trade war. It’s one person who is responsible, it’s President Trump.” ...

Quebec is also considering taking similar measures with electricity exports to the U.S. ...

Ford estimated it will add about CA$100 ($69) a month to the bills of each American affected. “It needs to end. Until these tariffs are off the table, until the threat of tariffs is gone for good, Ontario will not relent,”  Ford said. ...

Ford’s Progressive Conservative government just won reelection by standing up for Canada against Trump. ...


Monday, February 3, 2025

Just a reminder that theatre is exactly what this is, starring Mexico, Canada, and Donald Trump

 Sound familiar?



More tariff theatre: Trump announces 25% tariffs on Canada on Saturday, reverses himself before dinner on Monday lol

 


Trump pauses tariffs on Canada imports for 30 days after doing the same for Mexico

... Trudeau said Canada had made new commitments “to appoint a Fentanyl Czar.” 😉😉

“Canada is implementing our $1.3 billion border plan — reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl,” the prime minister wrote. “Nearly 10,000 frontline personnel are and will be working on protecting the border.” ...

In 2024, more than 21,100 pounds of fentanyl was seized by U.S. authorities on the border with Mexico, compared to only about 43 pounds seized at the Canadian border. ...

Thursday, January 16, 2025

Monday, January 6, 2025

Idiot Trump doesn't realize that the same liberal fools who voted in Trudeau would vote in Democrats here

They'd vote liberal like most of the northern and northeastern United States.