Canada - USA Trade War commencing March 2025 #2

[JDG]

Jamie Sarkonak: Even Carney can't explain his discredited 'carbon offset' plan

It is a Liberal boondoggle in waiting

nationalpost.com

 

[JDG]

*Bay Street insiders question Carney's 'placebo' blind trust as Brookfield ties come under scrutiny

From National Post

 

[otto]

If you read the article, no PM signs off on orders as he stated he was doing.

It would take an act of parliament to reverse any form of taxation.

Don’t need other articles, he did it as a stunt.

As for what constitutes ‘rag’ that is a matter of opinion.

So much of the media is in the pocket of a certain party but we won’t go there.

The document Carney signed in front of media was 100% theatre without stating that it was theatre. That makes it deception. Carney is pretending to have extensive experience managing the Canadian financial crisis, and claiming that translates to experience managing tariffs - but look at the mess in England (Telegraph)

There's no solid track record except the work done by Jim Flaherty. Flaherty made financial and bank interest rate decisions, the Bank of Canada acted. Carney is taking credit for the work of Flaherty (who is deceased).

"The second lie they told is just as bad: The document that Carney signed on Friday in front of the cameras was useless.

“I hereby instruct that the fuel charge be removed as of April 1, 2025 and that the April 2025 Canada Carbon Rebate be issued,” the document signed by Carney said.

Prime ministers are not presidents: They don’t issue orders like this; they don’t have the power to do so. It’s not just a matter of optics, no PM has the legal authority to do what Carney tried to make you think he did.
...

“Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, makes the annexed Regulations Amending Schedule 2 to the Greenhouse Gas Pollution Pricing Act and the Fuel Charge Regulations under Secs. 166 and 168 of the Greenhouse Gas Pollution Pricing Act,” the order stated."

LILLEY: Mark Carney starts off as PM by lying to Canadians

Mark Carney’s first act as a prime minister of Canada was to lie to the Canadian people.

torontosun.com

 

[JDG]

I believe both he and his wife have been working very closely with JT, as financial advisors or some such.

Carney, IMO, is JT all over again.

 

[otto]

Read the Telegraph article about Carney managing finances in the UK. He is not the man who can navigate tariffs any better than a seasoned Canadian politician whose life has always focused on what's best for Canada.

"But the truth is rather less glamorous. Over eight years at the Bank of England, Carney was at best an indifferent Governor, and, at worse, a disappointing failure. Despite his huge salary of more than £600,000 a year, more than any of his predecessors had been paid, he seemed to have little feel for the role. The City quickly nick-named him “the unreliable boyfriend” for his constant changes of direction on interest rates.

He printed too much money in the wake of the financial crisis, and then repeated the mistake all over again in the wake of the referendum on leaving the EU, responding as if he was in the middle of a financial emergency instead of dealing with a minor blip in trading relations. At the same time, regulatory standards were allowed to slide, and the City started to lose its role as one of the major global financial centres, with over-complex rules deterring companies from listing their shares in London.
...

By the time he left office, Carney had created a mess which his successors have struggled to clear up. Inflation spiked up to a peak of 11.1 per cent in the UK, compared to 5.2 per cent in France, or 8 per cent in Italy, hardly a country known for controlling prices effectively, largely because the Bank had printed too much money. "

Matrch 10, 2025
Telegraph

 

[JDG]

No new tariffs today nor threats of all out war??

I read that the President was playing golf.

 

[otto]

I believe both he and his wife have been working very closely with JT, as financial advisors or some such.

Carney, IMO, is JT all over again.

That was my impression as soon as he announced his cabinet. I was open minded to what he might do, but, the more I learn, the more I doubt that he - a realtor, banker, and carbon tax promoter - has the knowledge and experience with Canada to ensure that all Canadians are protected through the trade war.

Canada needs someone with solid understanding of Canada's financial needs, someone who put's all of Canada first. Carney is parachuting into the role, unelected, and unfamiliar with policy in Canada. Staging the signing of a pretend order for theatrical purposes is absurd. What Carney has announced and ensured is that rebate cheques are stopped. That doesn't help Canadians.

Western Canada wants to hear about new pipelines to coasts - new trade partners, and the election date.

 

[JDG]

That was my impression as soon as he announced his cabinet. I was open minded to what he might do, but, the more I learn, the more I doubt that he - a realtor, banker, and carbon tax promoter - has the knowledge and experience with Canada to ensure that all Canadians are protected through the trade war.

Canada needs someone with solid understanding of Canada's financial needs, someone who put's all of Canada first. Carney is parachuting into the role, unelected, and unfamiliar with policy in Canada. Staging the signing of a pretend order for theatrical purposes is absurd. What Carney has announced and ensured is that rebate cheques are stopped. That doesn't help Canadians.

Western Canada wants to hear about new pipelines to coasts - new trade partners, and the election date.

Well, it proved that he has little to no understanding of the Parliamentary system for reversing taxation!

Thought he’d try to look Presidential???

If you want more JT, he will be on the ballot.

When’s the election? Tomorrow is good for me. lol

 

[SouthAussie]

LILLEY: Mark Carney starts off as PM by lying to Canadians

Mark Carney’s first act as a prime minister of Canada was to lie to the Canadian people.

torontosun.com

Apparently, Carney can reduce the carbon tax to zero - and that is what he did for the consumers.
It may take the Parliament to completely repeal the tax, but it doesn't seem that it takes the Parliament to reduce the tax.


With the swipe of a sharpie, Prime Minister Mark Carney reduced the price of the consumer carbon tax rate to zero, meaning Canadians will no longer be paying it on fuels.

Carney cuts carbon tax rate to zero, neutralizing unpopular policy before possible campaign

 

[otto]

CBC TV news is reporting that Carney signed a directive, not an order, regarding consumer carbon tax. It's issued as a correction - Carney was reported to have signed an order, he did not.

 

[SouthAussie]

CBC TV news is reporting that Carney signed a directive, not an order, regarding consumer carbon tax. It's issued as a correction - Carney was reported to have signed an order, he did not.

So, all a big mix-up about what he actually did, by the reporters.

imo

 

[JDG]

Apparently, Carney can reduce the carbon tax to zero - and that is what he did for the consumers.
It may take the Parliament to completely repeal the tax, but it doesn't seem that it takes the Parliament to reduce the tax.


With the swipe of a sharpie, Prime Minister Mark Carney reduced the price of the consumer carbon tax rate to zero, meaning Canadians will no longer be paying it on fuels.

Carney cuts carbon tax rate to zero, neutralizing unpopular policy before possible campaign

With no sitting Parliament, it was a hollow gesture.

The carbon tax papers, filed by the Liberals, will remain on the books as law of the land unless and until Parliament resumes.

That was further down in the article. Please read the whole article, it’s important stuff.


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[JDG]

So, all a big mix-up about what he actually did, by the reporters.

imo

No, he did sign a directive but that means nothing in Canada.

We have no Parliament, thanks to JT disbanding it.


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[SouthAussie]

No, he did sign a directive but that means nothing in Canada.

We have no Parliament, thanks to JT disbanding it.

Okay, got it. It was a directive. Likely showing what he will do - or wants to do - once a Parliament is formed.

(I did read the whole article. Just so you know. But the Sun is a bit 'spectacular' IYKWIM, so I always want to look further.)

imo

 

[otto]

Well, it proved that he has little to no understanding of the Parliamentary system for reversing taxation!

Thought he’d try to look Presidential???

If you want more JT, he will be on the ballot.

When’s the election? Tomorrow is good for me. lol

Who is he posing for when trying to look "presidential"??? Canadians are not familiar with USA politics, signing orders for the cameras and unilaterally making federal decisions. Yet, that is the illusion that Carney attempted to create for Canadians as soon as he was sworn in.

The conflict of interest with net-zero investments at Brookfield could become an huge problem for Canadians if Carney decides to provide financing incentives for his form of energy (nuclear?) across Canada. I think the only way to ensure that there is no conflict of interest is that he divests all financial connection to Brookfield. No one could hold both positions with Brookfield and PM of Canada and not lean towards personal profit in decision making. In fact, he is perfectly poised to get extraordinarily wealthy with net-zero projects in Canada.

Where do new markets for Canada's natural resources fit into that equation?

 

[JDG]

Okay, got it. It was a directive. Likely showing what he will do - or wants to do - once a Parliament is formed.

(I did read the whole article. Just so you know. But the Sun is a bit 'spectacular' IYKWIM, so I always want to look further.)

imo

The paper you linked was The National Post. lol

I linked the Toronto Sun, it’s not the rag that some describe.


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[otto]

So, all a big mix-up about what he actually did, by the reporters.

imo

Not really. Staging a room full of reporters to sign a document that is a directive for some later date is not a mix-up. It's not normal, and it has no meaning. The reporters know that prime ministers do not sign orders - that's why it's all over the news. It was staging for public consumption, a look at what I've done for you moment. Except, he didn't do anything except cancel consumer carbon tax rebate cheques.

 

[acutename]

No new tariffs today nor threats of all out war??

I read that the President was playing golf.

bombed the Houthis

 

[SouthAussie]

The paper you linked was The National Post. lol

I linked the Toronto Sun, it’s not the rag that some ascribe to it.

Yes, I know (re: the Post). hahaha

It was the first link that came up. I wanted to see if he "lied" or if he was being optic.

It is neither here nor there for me. I just like to know if people are liars or if there is something else going on. From afar, it seems that he is trying to show people what he will do. Because people have to become familiar with him before the election. IDK

imo

 

[JDG]

Yes, I know (re: the Post). hahaha

It was the first link that came up. I wanted to see if he "lied" or if he was being optic.

It is neither here nor there for me. I just like to know if people are liars or if there is something else going on. From afar, it seems that he is trying to show people what he will do. Because people have to become familiar with him before the election. IDK

imo

Oh, I get it.

Methinks his reputation precedes him.

Hope Canadians remember that when they vote.


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