Dave Bannatyne

[Dave Bannatyne @YYCCSEATS]

@CanadianFir @DrJStrategy Source pls?

[Dave Bannatyne @YYCCSEATS]

@RobynUrback The only country the US would have requested Canada restrict trade with would be China. I thought Carney said that the world had changed, but clearly he doesn’t understand how.

[Dave Bannatyne @YYCCSEATS]

@ryangerritsen @AlderLaneEggs It’s very clear that the US requested no more trade deals or further expansion of trade with China.

[Dave Bannatyne @YYCCSEATS]

@dubsndoo Elimination of Cdn media subsidies no more expansion in Chinese trade clearly killed the deal if you read between the lines. Did you also notice that Carney threatened energy exports to the US in his speech this AM?

[terry l. @dubsndoo]

Fifteen minutes into Carney’s press conference and he still didn’t tell us what the straw was that broke the camel’s back. Something happened yesterday that tanked the deal. The PM has a duty to tell us specifically what it was; spill your guts Carney.

[Dave Bannatyne @YYCCSEATS]

Seems pretty clear that the US was calling out subsidies of Cdn media and wanted them eliminated.

[terry l. @dubsndoo]

Fifteen minutes into Carney’s press conference and he still didn’t tell us what the straw was that broke the camel’s back. Something happened yesterday that tanked the deal. The PM has a duty to tell us specifically what it was; spill your guts Carney.

[Dave Bannatyne @YYCCSEATS]

Another useful idiot eastern Canadian politician. Can eastern Canadian voters WFU?

[Mario Zelaya @mario4thenorth]

BREAKING: Ottawa Mayoral candidate Neil Saravanamuttoo’s campaign promise is to raise the Palestinian flag at city hall.

What the hell happened to Canada?

[James E. Thorne @DrJStrategy]

Canada in Denial

Canada’s economic debate is trapped between nostalgia and denial. Policy makers and pundits speak as if Canada has unlimited strategic options while refusing to confront the basic facts of the economy.

Canada’s comparative advantage is natural resources: energy, critical minerals, agriculture, forestry and water. That is not an embarrassment to regulate into irrelevance. It is the foundation of a more productive national economy.

Canada’s central economic relationship is with the US. Canada needs dependable access to the American market; the US needs secure, nearby access to strategic inputs. The bargain should be straightforward: preferential Canadian access to US consumers and industry in return for preferential American access, including competitive pricing, to Canadian energy, critical minerals, and industrial materials.

There is precedent. The original Canada-US free trade agreement included the proportionality clause, which effectively assured the US ongoing access to a share of Canadian energy supplies. Canada should revive that underlying logic, this time deliberately and reciprocally.

Washington receives dependable strategic resources. Canada receives market access and deeper continental security co-operation, including through the proposed Golden Dome missile-defence architecture.

That is not submission. It is leverage.
Canada should also stop pretending it can recreate America’s manufacturing base. Canada does have excellent firms and specialised clusters, but not America’s scale, capital markets, domestic demand, supply-chain depth or defence-industrial ecosystem. Subsidising a broad manufacturing mirage will not change those fundamentals.

The 1st best strategy should build on what we possess: resource processing, energy infrastructure, critical-mineral refining, agricultural technology and advanced industrial production. Canada must become easier to build in, invest in and finance, with faster approvals, competitive taxes and policy aimed at productive investment rather than property inflation and consumption.

President Trump did not create Canada’s predicament. He did not produce weak productivity, depleted private investment or our failure to build. But Washington has made an overdue assessment: the US cannot indefinitely absorb the world’s excess output and debt while its own living standards stagnate and industrial base hollows out. The Trump administration is confronting distortions that earlier governments deferred. Yes, a Hamilton Clay era of economic policy is the foundation.

The attacks on the US ambassador to Canada are embarrassing. They are emblematic of a political and media class more interested in attacking the messenger than confronting Canada’s weak competitiveness and dependence on US market access.

The global debt cycle is the forcing function. The era of cheap credit, expanding transfers and asset inflation is ending.

Canada needs real growth: more investment, energy, output and productivity.

To be clear, economic growth dependent on the public sector crowding out the private sector is NOT the solution!

It could lead in AI, especially in mining, energy, and Data Centers, but it lacks the vision to connect technology to its economic strengths.

Equalization payments, meanwhile, weaken incentives for provinces to reform, hampering structural adjustments.

Canada constrains Alberta’s energy industry through federal industrial and regulatory policy, then uses equalisation to transfer revenues generated by Alberta’s resource economy to provinces that have chosen weaker, less productive policy models.

Ottawa impedes the country’s most important source of comparative advantage, then asks it to subsidise the inefficiencies elsewhere. In what rational economic system is that logical?

The contradiction is almost comical!

Canada’s cautionary tale is Argentina, which is only now trying to escape the long decline created by debt, intervention and economic denial.

[The Food Professor @FoodProfessor]

Link to article: https://t.co/TTs0xGcdEC

[Dave Bannatyne @YYCCSEATS]

@ryangerritsen @BillTufts Chinese shill.

[Dave Bannatyne @YYCCSEATS]

@mario4thenorth Kory Teneycke represents everything wrong with Canadian politics.

[Dave Bannatyne @YYCCSEATS]

A new road to serfdom.

[Dan Knight @DanKnightMMA]

'How we build'?

By making welders and waitresses subsidize developer mistakes so housing prices don’t drop.

[Dave Bannatyne @YYCCSEATS]

https://t.co/Pc3gFNgY6N

[Blacklock's Reporter @mindingottawa]

.@PierrePoilievre dubs hi-speed regional rail venture @AltoTrain a get-rich scheme for gov't insiders as rail managers concede taxpayers are wary of $90B cost: "Liberal insiders, activists, lawyers will get rich." 
https://t.co/9sBBgmByDW #cdnpoli

[Dave Bannatyne @YYCCSEATS]

She’s 11 years too late.

[Karla Treadway | Host Sovereign Sphere Podcast @thesovereignceo]

🚨Elizabeth May says after working in parliament with 3 different prime ministers this is the worst she’s ever seen.

Democracy is slipping away.

[Dave Bannatyne @YYCCSEATS]

I wonder if this isn’t the cost of getting BC’s support and approval for a second oil pipeline to the west coast?

[Steve Saretsky @SteveSaretsky]

@kullymann Dunno but carney is supposed to be the smart central banker, and this is far from smart.

[Harley Finkelstein @harleyf]

You don’t have to love Elon Musk to recognize what this headline says about us.

A country that spends more time criticizing wealth creation than encouraging it sends a clear message to builders: your success is tolerated, not celebrated.

Canada should be the best place in the world to build ambitious companies. Headlines like this make us look like we’re not quite ready for that.

[Sandi Hallgren 🟦 @HallgrenSandi]

@FoodProfessor @T542Twoshoes This pains me to say but between @WabKinew @fordnation and the recklessness of the @MarkJCarney govt, the CUSMA file has been so mishandled I don’t think there’s a way to come back from this. Canadian diplomacy is on life support.

[Dave Bannatyne @YYCCSEATS]

This is insane.

[Mario Zelaya @mario4thenorth]

Credit to the always logical @integrity_to

For pushing back on wasteful & illogical tax dollars flowing into this madness.

[Dave Bannatyne @YYCCSEATS]

I can’t wait for the elbows up crowd to label these Cdns “traitors,” just like the separatists in Alberta. Both are just seeking better opportunities for themselves and their families that have diminished in Canada over the last 11 years. Blame the Liberal Party of Canada.

[Daniel Foch @danielfoch]

Canada’s top-skilled workers are leaving for the U.S. in droves for lower taxes and higher pay: TD study https://t.co/nsXX3HrbCP