The Tarriff Hype.

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
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Trump’s premise that Canada has shut out American producers is also disputed. U.S. producers exported about $1.31 billion in milk, cheese, butter and other dairy products to Canada in 2025, while the U.S. bought about $432 million worth of Canadian dairy, according to Agriculture Department data — a surplus of roughly $880 million in the U.S.’ favor.
The good times keep coming…
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Just wading through the new information now.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
32,985
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Regina, Saskatchewan
Well, US Texas Micky’s are now 3 L, but in ounces…but in days gone by (shrinkflation) they used to be 4 L & a bit…& that’s the one size that’s got an exemption by the US from Canada for booze?🤔 keeps getting weirder.
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Canadian auto parts are now hit with 25% + 50% stacked tariffs to go into vehicles that might have their final assembly done in the US.
 

Taxslave2

Senate Member
Aug 13, 2022
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U.S. President Donald Trump on ‌Friday said that unless the Federal Reserve cut interest rates, he would stop trading (?) with countries with which the United States ⁠had a deficit? "We should have the ⁠LOWEST RATE of any country in the World ... LOWER THE RATE OR I’LL ⁠STOP TRADING (?) WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT," ⁠Trump said in a Truth Social post.
Does his trumpship realize that almost all of those counties have gold in the US reserve bank? There most likely is not enough physical gold in the Federal REserve to cover everything that is owed by the US.
This means the US would be forced to default, and the US $$$ would no longer be the world reserve currency.

This I learned from a book called Broken Money. It starts with the history exchange, moving on to pay and into a fairly clear story of how the international money system works. The secon half of the book get into theoretical new plans. I ner read this part. The guy that loaned me the book said it wasn't relevant to today.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
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Regina, Saskatchewan
There most likely is not enough physical gold in the Federal REserve to cover everything that is owed by the US.
This means the US would be forced to default, and the US $$$ would no longer be the world reserve currency.
There’s absolutely is not, but it’s much more than Canada’s reserve, which is zero. Canada is the fourth largest gold producer in the world, but accounts for about 6% of an annual gold production. America has a little over $1 trillion in gold in their reserve. Canada is the only G7 nation not to hold gold.
 
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pgs

Hall of Fame Member
Nov 29, 2008
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There’s absolutely is not, but it’s much more than Canada’s reserve, which is zero. Canada is the fourth largest gold producer in the world, but accounts for about 6% of an annual gold production. America has a little over $1 trillion in gold in their reserve. Canada is the only G7 nation not to hold gold.
We used to hold gold , ask your liberal friends where it went .
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
32,985
11,848
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Regina, Saskatchewan
We used to hold gold , ask your liberal friends where it went .
My Liberal friends? Global currencies are no longer tied to the price of gold. Canada owned 1,023 tonnes of gold in 1965, but holds zero official gold reserves because the government sold all its physical bullion between the 1960s and 2016. Your Liberal friends seem to have sold it off.😉
 

pgs

Hall of Fame Member
Nov 29, 2008
29,396
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B.C.
My Liberal friends? Global currencies are no longer tied to the price of gold. Canada owned 1,023 tonnes of gold in 1965, but holds zero official gold reserves because the government sold all its physical bullion between the 1960s and 2016. Your Liberal friends seem to have sold it off.😉
Of course they did . There were pockets to fill .
 

Taxslave2

Senate Member
Aug 13, 2022
5,906
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There’s absolutely is not, but it’s much more than Canada’s reserve, which is zero. Canada is the fourth largest gold producer in the world, but accounts for about 6% of an annual gold production. America has a little over $1 trillion in gold in their reserve. Canada is the only G7 nation not to hold gold.
The catch is that other sovereign nations "own" more gold in the US reserve than is physically in the vault.
 
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petros

The Central Scrutinizer
Nov 21, 2008
121,245
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Low Earth Orbit
My Liberal friends? Global currencies are no longer tied to the price of gold. Canada owned 1,023 tonnes of gold in 1965, but holds zero official gold reserves because the government sold all its physical bullion between the 1960s and 2016. Your Liberal friends seem to have sold it off.😉
Speculation has it gold backed currencies are about to come back.

I watch the currency, crypto, bond, metal markets closely and the mining/mineral industry as a whole.

The science behind alchemy never went away and it now has AI in its corner.

Soon the raw materials to make precious metals will be the hot ticket.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
32,985
11,848
113
Regina, Saskatchewan
U.S. President Donald Trump predicted his administration could reach a trade deal with Canada “fairly soon,” after repeating claims his country had been “ripped off” by its northern neighbour?
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Trump made the comment while taking questions from reporters in Ireland alongside that country’s Taoiseach, or prime minister, Micheál Martin. A journalist had asked if he is considering withdrawing from the Canada-U.S.-Mexico trade agreement, known as CUSMA.

“We’re going to have a great relationship with Mexico. We actually have a good one with Canada, but the United States has been ripped off for 50 years by Canada,” he said?

“We don’t need their product (?), and they need our product? They do all of their business almost with us and we do very little with them.”
1789238539293.jpegThat’s probably why Canada was the largest or second largest trading partner with the US until Trump’s second term then?
Canada, the U.S. and Mexico are in the midst of several trade negotiations. The CUSMA pact came up for regular review over the summer, and the U.S. opted not to renew it outright. Instead, the Three Amigos will participate in annual surveys, while the agreement itself remains in place subject to Trumps whims and tariffs and butthurt in general.
“Canada wants to make a deal very badly,” Trump told reporters on Saturday, touching as well on an eventual peace deal in Iran.

“Canada wants to make a deal, and Iran wants to make a deal. And at the right time both of those things could happen,” he said, remarking that he hopes “Canada appreciates being in the same sentence with Iran.”

CTV News political commentator Scott Reid said Trump’s inclusion of Iran in his answer “really speaks to the destructive nature of Donald Trump’s foreign policy.”

“We are now treated expressly as an enemy,” said Reid, who served as a communications director to former Liberal prime minister Paul Martin. He added Trump’s comments could “stiffen the spine” of Canadians looking at a prospective trade deal with the U.S.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
32,985
11,848
113
Regina, Saskatchewan
Three aviation lawyers interviewed by Reuters said it was not immediately clear how Trump could bar Bombardier private jets from being delivered to American customers since they have been approved by the U.S. Federal Aviation Administration. The White House has not commented.
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Congressman Ron Estes, a Republican who represents Kansas’ 4th district, said on Monday night on the social media site X that he opposes tariffs on aerospace, and defended the Canadian planemaker's contribution to his state.
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“Bombardier supports an extensive American supply chain, boasts maintenance and repair capabilities across the U.S., and is trusted by our military for critical national security missions.”
Attracting investment is crucial for Canada's economy to weather mounting tariffs imposed by the United States, Canada's top trade partner. Carney has sought to do business with new partners in the Middle East and Asia and to strengthen Canada's alliance with Europe.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
32,985
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Regina, Saskatchewan
(Trump dares Carney to pull his finger)
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Poilievre’s New York visit was, in part, to attend ceremonies commemorating the 25th anniversary of the 9/11 terrorist attacks. But it also presented the opportunity to make Canada’s case directly to an American audience.

On Thursday, Poilievre appeared on both CNBC’s Squawk Box — which includes Trump-friendly host Joe Kernen — and on Larry Kudlow’s show on Fox Business. Kudlow is a close Trump ally who previously served as director of his National Economic Council.

Importantly, Poilievre wasn’t there to grovel on Canada’s behalf or to throw the prime minister under the bus. In fact, the Conservative leader went out of his way to make it clear that “I’m not going to attack my prime minister on foreign soil. It’s just not something I’m going to do.”

And while there will be opportunities to press the prime minister on what we walked away from and what kind of deal we might get down the road, it’s important to note — and for Americans to be reminded — that we didn’t start this.
Poilievre made an effective case that eliminating tariffs will promote economic growth and lower costs, while also strengthening the Canada-U.S. security relationship. He also emphasized the economic and security upside of Canada providing a steady and reliable supply of energy and other resources.

Importantly, that message was delivered with the sort of conservative credibility that resonated with these hosts and their respective audiences. Democrats might be wowed by Mark Carney these days, but Canadian Liberal politicians aren’t likely making any inroads with Republican voters.
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
32,985
11,848
113
Regina, Saskatchewan
(Trump dares Carney to pull his finger)
1789415238384.jpeg
 

spaminator

Hall of Fame Member
Oct 26, 2009
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PMO hires American firm to run Canada Investment Summit
Move raises questions about government procurement optics, particularly when Canadian firms are struggling for work

Author of the article:Bryan Passifiume
Published Sep 15, 2026 • 3 minute read
Prime Minister Mark Carney conducts a press conference at the Canada Investment Summit at The Royal York Hotel in Toronto, Tuesday September 15, 2026.
Prime Minister Mark Carney conducts a press conference at the Canada Investment Summit at The Royal York Hotel in Toronto, Tuesday September 15, 2026. Photo by Peter J. Thompson /Postmedia Network

Prime Minister Mark Carney’s trillion-dollar push to catalyze global investment in Canada got off to an awkward start.


The inaugural Canada Investment Summit, which kicked off this week in downtown Toronto, brought about 300 global C-suite executives and pension fund titans to mobilize long-term capital for multibillion-dollar infrastructure and energy projects.

But the event itself isn’t being produced by a Canadian event production house, but by E2K Events x Entertainment — a California-based firm with a history of staging numerous high-profile and glitzy events.

The move raises questions about government procurement optics, particularly at a time when Canadian live event and technology firms — fully equipped to handle high-security and elite summits — are struggling for work.

The official website for the summit, while hosted by a Canadian event management company, runs on E2K’s site architecture and backend routing systems.


Statements at the bottom of a now-orphaned Canada Investment Summit registration page hosted on an E2K server explicitly say that the page was “published by Olmstead Productions, Inc., dba e2k events × entertainment, for the Canada Investment Summit”

E2K also appears to be managing delegate credentials, sign-in systems and accommodation logistics.



Few willing to comment
Past events facilitated by E2K include the Global Climate Action Summit, Jon Stewart’s 2010 “Rally to Restore Sanity and/or Fear,” former U.S. president Barack Obama’s inauguration, as well as numerous events for the NFL — including gameday events, halftime shows and even stages at past Super Bowls.

It isn’t known how much the federal government paid E2K to facilitate the summit or if it was awarded via a sole-source contract or exempt procurement pathway. No public requests for proposal, tenders or open competition records relating to the summit were found on CanadaBuys, the federal government’s official procurement portal.


All open tenders above $25,000 are typically listed publicly on CanadaBuys.

Major Canadian technical powerhouses and event agencies, many with active federal government security clearances, regularly produce world-class international gatherings, civic broadcasts and corporate keynotes.

Canadian event companies and industry associations contacted by the Toronto Sun all declined to comment.

Inquiries to the Prime Minister’s Office were redirected to the Privy Council Office, which had yet to respond by Tuesday afternoon.


Decision blasted as tone deaf
Franco Terrazzano, the federal director of the Canadian Taxpayers Federation, asked when the PM planned to make good on his promise to save Canadians money.

“The government added 86,000 bureaucrats in 10 years and it’s still getting an American company to help with a conference? None of those extra bureaucrats could have helped with hosting a conference?” he said.


“Taxpayers are paying way too much for all the in-house government bureaucrats and we’re also paying way more for consultants and outsourcing.”

Analyst Stephen Taylor, creator of Flashbulb Media Intelligence, called the government’s decision to outsource the event to the American firm as tone deaf and hypocritical.

“Just 11 days before the summit, Carney said, ‘We are becoming our own best customer — contracting Canadian companies, hiring Canadian workers,’ and said, ‘For too long, Canada has relied on other countries to build what we have the talent, expertise and capacity to build ourselves,'” he said.

“To hire a U.S. company to produce an event whose call-to-action is, ‘Choose Canada. Invest in Canada,’ it’s a bit too rich. Mark Carney’s ethics disclosure says he is over 90% invested in U.S. equities. Mark Carney is showing that he won’t invest in Canada. He is clearly not Canada’s best spokesperson for its turnaround.”

Deputy Conservative leader Melissa Lantsman told the Sun that Carney can’t shout “elbows up” with one hand, while signing cheques to American-based vendors with the other.

“Canada’s events and production industry isn’t some mom-and-pop operation, it’s hundreds of thousands of jobs and firms that already have the contracts to prove it,” she said.

“If Ottawa can’t find a Canadian company to run its own investment summit, that’s a tough one to explain to the hundreds of thousands of Canadians whose small businesses are already bracing for tariff pain.”

bpassifiume@postmedia.com
X: @bryanpassifiume
 

pgs

Hall of Fame Member
Nov 29, 2008
29,396
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B.C.
PMO hires American firm to run Canada Investment Summit
Move raises questions about government procurement optics, particularly when Canadian firms are struggling for work

Author of the article:Bryan Passifiume
Published Sep 15, 2026 • 3 minute read
Prime Minister Mark Carney conducts a press conference at the Canada Investment Summit at The Royal York Hotel in Toronto, Tuesday September 15, 2026.
Prime Minister Mark Carney conducts a press conference at the Canada Investment Summit at The Royal York Hotel in Toronto, Tuesday September 15, 2026. Photo by Peter J. Thompson /Postmedia Network

Prime Minister Mark Carney’s trillion-dollar push to catalyze global investment in Canada got off to an awkward start.


The inaugural Canada Investment Summit, which kicked off this week in downtown Toronto, brought about 300 global C-suite executives and pension fund titans to mobilize long-term capital for multibillion-dollar infrastructure and energy projects.

But the event itself isn’t being produced by a Canadian event production house, but by E2K Events x Entertainment — a California-based firm with a history of staging numerous high-profile and glitzy events.

The move raises questions about government procurement optics, particularly at a time when Canadian live event and technology firms — fully equipped to handle high-security and elite summits — are struggling for work.

The official website for the summit, while hosted by a Canadian event management company, runs on E2K’s site architecture and backend routing systems.


Statements at the bottom of a now-orphaned Canada Investment Summit registration page hosted on an E2K server explicitly say that the page was “published by Olmstead Productions, Inc., dba e2k events × entertainment, for the Canada Investment Summit”

E2K also appears to be managing delegate credentials, sign-in systems and accommodation logistics.



Few willing to comment
Past events facilitated by E2K include the Global Climate Action Summit, Jon Stewart’s 2010 “Rally to Restore Sanity and/or Fear,” former U.S. president Barack Obama’s inauguration, as well as numerous events for the NFL — including gameday events, halftime shows and even stages at past Super Bowls.

It isn’t known how much the federal government paid E2K to facilitate the summit or if it was awarded via a sole-source contract or exempt procurement pathway. No public requests for proposal, tenders or open competition records relating to the summit were found on CanadaBuys, the federal government’s official procurement portal.


All open tenders above $25,000 are typically listed publicly on CanadaBuys.

Major Canadian technical powerhouses and event agencies, many with active federal government security clearances, regularly produce world-class international gatherings, civic broadcasts and corporate keynotes.

Canadian event companies and industry associations contacted by the Toronto Sun all declined to comment.

Inquiries to the Prime Minister’s Office were redirected to the Privy Council Office, which had yet to respond by Tuesday afternoon.


Decision blasted as tone deaf
Franco Terrazzano, the federal director of the Canadian Taxpayers Federation, asked when the PM planned to make good on his promise to save Canadians money.

“The government added 86,000 bureaucrats in 10 years and it’s still getting an American company to help with a conference? None of those extra bureaucrats could have helped with hosting a conference?” he said.


“Taxpayers are paying way too much for all the in-house government bureaucrats and we’re also paying way more for consultants and outsourcing.”

Analyst Stephen Taylor, creator of Flashbulb Media Intelligence, called the government’s decision to outsource the event to the American firm as tone deaf and hypocritical.

“Just 11 days before the summit, Carney said, ‘We are becoming our own best customer — contracting Canadian companies, hiring Canadian workers,’ and said, ‘For too long, Canada has relied on other countries to build what we have the talent, expertise and capacity to build ourselves,'” he said.

“To hire a U.S. company to produce an event whose call-to-action is, ‘Choose Canada. Invest in Canada,’ it’s a bit too rich. Mark Carney’s ethics disclosure says he is over 90% invested in U.S. equities. Mark Carney is showing that he won’t invest in Canada. He is clearly not Canada’s best spokesperson for its turnaround.”

Deputy Conservative leader Melissa Lantsman told the Sun that Carney can’t shout “elbows up” with one hand, while signing cheques to American-based vendors with the other.

“Canada’s events and production industry isn’t some mom-and-pop operation, it’s hundreds of thousands of jobs and firms that already have the contracts to prove it,” she said.

“If Ottawa can’t find a Canadian company to run its own investment summit, that’s a tough one to explain to the hundreds of thousands of Canadians whose small businesses are already bracing for tariff pain.”

bpassifiume@postmedia.com
X: @bryanpassifiume
Elbows up Canada .
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
32,985
11,848
113
Regina, Saskatchewan
Elbows up, panties down!
That sounds like a weird chicken dance.😳
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