Canada responds to the tariffs
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The Canadian "nuclear option" might be to turn off the supply of electricity to Michigan and Minnesota. I don't know if that would literally turn off the lights, but it would be a serious problem for the US grid, and electricity prices would spike. It might also induce rationing electricity to homes and shutting it off to firms. That would lead to instant shutdowns and layoffs. That would be .... good!
I have read stuff about Doug Ford and Ontario planning to do this stuff, but provinces with their own international economic and foreign policy would be frankly a stupid form of governance. Those decisions should clearly come from the national government.
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eta: Watch the YT link in @Piano-Dad 's post below. It's a complete version of Trudeau's remarks and the volume is good.
Here's a video of Trudeau's remarks from yesterday. The volume is really low.
https://www.wfla.com/video/trudeau-responds-to-tariffs-imposed-by-president-trump/10420416/
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Volume not so low here ...
Link to videoHe mentions nuclear options, but quietly and without specifics.
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@wtg said in Canada responds to the tariffs:
The Liberals are working on a stimulus package to financially help Canadians weather this. Do you think Trump will do the same for Americans?
I don't know. He made a pronouncement that there would be short term disruptions to American citizens, but that "they will understand".
To the wealthy people working in the administration, a few years of higher prices could be considered "short-term"...
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@Piano-Dad said in Canada responds to the tariffs:
Volume not so low here ...
Link to videoHe mentions nuclear options, but quietly and without specifics.
@Piano-Dad Thanks! Much better. And it's the whole thing; mine was abbreviated.
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The National Association of Home Builders weighs in ...
https://bsky.app/profile/crampell.bsky.social/post/3lh5iwb6b6c25
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I love this comment from the video link that @Piano-Dad posted:
Hey Canada, New Zealand here. We've got grass fed lamb and beef, quality wine, and boatloads of kiwifruit, along with lots of other goodies if you want to trade...
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Poilievre calls for emergency tax cut to put Canada 1st while condemning Trump's tariffs
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Couple of interviews from today's news shows.
Chrystia Freeland, former Canadian finance minister.
https://www.msn.com/en-us/money/other/on-gps-what-does-trump-have-against-canada/vi-AA1yhGNK#details
Kirsten Hillman, Canadian ambassador to the US (mis-identified as the US ambassador to Canada in the YT description).
Starts around 7:00.
Link to video -
The LCBO is the government controlled company that sells alcohol here. While we do have alcohol available in some grocery stores and some convenience stores, ALL of it is purchased through the LCBO. That’s the rules. Which makes the LCBO one of the largest purchasers of alcohol in the world.
Today Doug Ford (premiere of Ontario) ordered the immediate removal of all US products from LCBO shelves. Like LCBO employees were literally boxing it up today.
He’s also chummy with the head of one of the biggest grocery retailers in Ontario, who has started a huge ad campaign about buying Canadian. I’ll be interested to see if some American products start disappearing from the shelves. In some ways, it could be good for some smaller Canadian producers as they may be able to get some shelf space.
Canadians are worried but also… our patriotism is coming out. We definitely have big brother syndrome with having the US as a neighbour so our defining characteristic in how we think of ourselves is often “not American”. In this case, that works in our favour as everyone is mad but also banding together.
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@dolmansaxlil The liquor disappearing from store shelves was shown during the (lead) story on the US national news tonight. They also mentioned groceries.
And apparently the Canadian CEO of Shopify made some remarks that didn’t sit well with your fellow countrymen.
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Tariffs on hold, at least for Canada and Mexico.
Headlines saying that Canada agreed to a deal. Trump taking credit. One little problem. Canada announced what they were going to do back in December, before Trump took office. He didn’t pressure them into anything.
Note the date:
Trudeau mentioned the plan during his news conference on Saturday....
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Canadians on Canada becoming the 51st US state.
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