TomNewton

Helping companies protect workers with Digital Contact Tracing applications @proxxiband

[TomNewton @thomaswnewton]

@0DonaldTrumpJrQ 55

[TomNewton @thomaswnewton]

@CdnxTracker BYN.v
https://t.co/EOiRwfCfyo

[TomNewton @thomaswnewton]

@badcharts1 What’s the symbol Patrick??
Love your work

[James E. Thorne @DrJStrategy]

Carney’s Whistling Past the Graveyard

The Carney government has chosen a dangerous premise for Canadian economic policy: that public anger at Donald Trump and the United States can be converted into a durable strategy of trade diversification.
It cannot.

Anti American sentiment may be politically useful. It may help frame the dispute as a “trade war” and make defiance sound like leadership. But Canada’s economic interests do not change because the rhetoric does. Canada needs access to, and integration with, the United States, full stop.

Carney’s earlier pivot at the Economic Club of New York was the right instinct. It recognized that Canada’s prosperity depends on maintaining a serious, practical relationship with American capital, industry, and policymakers. That approach was grounded in the reality of continental integration. His current approach, seemingly drawn from the Democrats’ political playbook, is the opposite. It turns a commercial dispute into a partisan emotional campaign.

That is dangerous and misguided. Designing Canadian policy around the hope that it can shape, or alter, an American election is not strategy. It is an extraordinary gamble with the country’s economic future. Canadian governments cannot afford to bet jobs, investment, trade access, and financial stability on the assumption that the U.S. electorate will deliver a preferred political outcome.

The United States is not merely Canada’s largest export market. It is the market around which Canada’s industrial economy was built. Southern Ontario is tied to the American Midwest and Northeast through supply chains, cross border investment, financial flows, energy links, and manufacturing networks that developed over generations. Canadian firms do not simply sell finished goods into the United States. They make products with American firms, finance them through North American markets, and move components back and forth across the border at speed.

That is why Carney’s central gamble is so reckless. He appears to believe that America’s turn toward tariffs, industrial policy, strategic protection, and economic nationalism will fade after the midterms. But this is not a temporary Trump impulse. It is a bipartisan American response to the belief that the old free trade model weakened domestic manufacturing, supply chain security, and national power.

Canada should take that shift seriously, not wish it away.

Carney is repeating the failed instinct of Pierre Elliott Trudeau after Ronald Reagan’s election. Trudeau responded to a more assertive United States by seeking political distance and greater room for manoeuvre outside the continental relationship. That strategy was a massive failure. It did not free Canada from American economic gravity. It left Canada more exposed to inflation, weak investment, fiscal deterioration, and a damaged business climate, before the Mulroney government ultimately pursued the Canada U.S. Free Trade Agreement.

Distance is not independence. For a smaller economy deeply integrated with a larger neighbour, access is not optional. It is a strategic asset to be protected.

This is why diversification must be understood properly. Canada should pursue new markets where it has real advantages. But selling more abroad cannot substitute for preserving access to the American market. A trade agreement with Europe does not replace an integrated North American production base. A warmer relationship with Beijing does not make Canada less exposed.

In fact, the China strategy magnifies the contradiction. Canada supports Ukraine while China sustains Russia’s war economy. Canada looks to Europe as an alternative market while Chinese industrial overcapacity undermines European manufacturing. Yet Carney appears prepared to pursue deeper economic integration with China. That is not a coherent strategy. It is a refusal to acknowledge that economics, security, and industrial policy are now inseparable.

The financial exposure should make Ottawa especially cautious. Canadian banks and corporations rely on U.S. dollar clearing, correspondent banking, cross border payments, trade finance, and American capital markets. A serious disruption to those channels would be far more damaging than a tariff. It would hit trade, credit, investment, and confidence at once.

Treasury Secretary Scott Bessent has made clear that the United States is willing to use financial power to advance national interests. Dismissing such warnings is not courage. It is complacency.

Canadians should remember Argentina, once among the world’s richest countries, which allowed political narratives to outrun economic reality and paid for it with decades of decline. Canada is not Argentina. But no country is immune from self inflicted damage when its leaders mistake rhetoric for capacity.
Carney should stop the performative politics and get a deal with the United States. Diversification should strengthen Canada’s bargaining position, not become a partisan fantasy that substitutes for the continental relationship on which Canadian prosperity still depends.
For now, Ottawa is whistling past the graveyard.

Exclusive—Secretary Scott Bessent on Canada: PM Carney ‘Needs to Stop Campaigning, Start Governing‘; ‘They Wanted the Benefits of Being a State Without Being a State‘ https://t.co/hsiFr3rn3K via @BreitbartNews

[TomNewton @thomaswnewton]

@drsumalik Yup they will line up for free Canadian “Deathcare”.
Can I have some of that MAIDS… you Canadians are so good at and represent the 5th leading cause of death..

[TomNewton @thomaswnewton]

@mhmck Are talking to Carney and his wife?

[TomNewton @thomaswnewton]

@CLIFHIGH3 Interested

[TomNewton @thomaswnewton]

@badcharts1 @SillyWabbi The red line is cool.
I’m not going anywhere

[TomNewton @thomaswnewton]

@0ivankaTrump1 I get it, this is an IQ test !

[TomNewton @thomaswnewton]

@604RAW Why did the train stop??
🤮

[TomNewton @thomaswnewton]

@johngatti2 No

[RMC86 @RMC19861987]

On USMCA, there’s a reason that Professor Ian Lee of Carleton University doesn’t get much time on legacy media. He speaks more truth to power than they can handle.
1⃣ We are far more dependent on the 🇺🇸 than they are on us.
2⃣ If 🇨🇦 cannot maintain the current level of free trade in the negotiation, it will be catastrophic for our economy.
3⃣ The only meaningful way to diversify away from the 🇺🇸 is with greater energy exports but the “Laurentian consensus” has severely hindered this.
4⃣ If there’s any change to the level of access the 🇨🇦 auto sector has to the 🇺🇸, we will lose the industry.

[TomNewton @thomaswnewton]

@Dave_Eby If you drive enough people out of the province, yes rents will fall.
Maybe rents will go to 0?
You will be ecstatic then!!

[Ryan Gerritsen🇨🇦🇳🇱 @ryangerritsen]

A must watch on this Happy 4th of July.
I wish more Canadians and even Americans understood what is actually taking place.

[MikesMoneyTalks.ca @moneytalkstweet]

As we come to Canada Day consider
In 1981, Canada ranked 6th in the world for GDP/capita, behind Switzerland, the US, Norway, Denmark & Netherlands. By 2021, those countries remained in the top five, but Canada had plummeted to a distant 12th place.
Today: the IMF ranks Canada 24th
https://t.co/Y65KCVMkK4

[TomNewton @thomaswnewton]

Ya sure!

[Great Canadian Moose @Great_Cdn_Moose]

👁️‍🗨️ Found It! This is Mark carney from a few years ago! Please listen to him closely!

His words!
“I'm saying no bailouts, that's the objective! “ ending to big to fail!

A bank should be run as a business, like a family farm or a store… If you do a good job you get rewarded and stay in business! If you go bankrupt there’s no bailouts from the federal government.

So why is the mothertucker bailing out his wealthy donors now????

Total flip flop! Lying little banker!
This is not right!!!!

🇨🇦 Please share this post if you agree this is not right!

[‏ْ @marklfcx]

Antonio Conte on Canada destroying Qatar 6-0 at the World Cup:

🗣️ “Let's be honest, this was not a football match for long periods. This was a statement. Canada didn't just beat Qatar they completely overwhelmed them in every area of the game.”

“When you score six goals at the World Cup, you are sending a message to every team watching. You are telling the tournament that you are not here to participate, you are here to compete.”

“What shocked me most was the intensity. At 3-0 they kept attacking. At 4-0 they kept attacking. At 5-0 they were still hungry. That mentality is dangerous.”

“Qatar looked like a team hoping the game would end. Canada looked like a team wishing they had another ninety minutes to score even more.”

“This result will make headlines because six goals at a World Cup is brutal, but the scoreline could have been even worse if Canada had shown any mercy.”

“People have been talking about the traditional football powers for weeks. Tonight Canada forced everyone to start talking about them.”

“And if I were one of the teams waiting to face Canada in the next round, I would not be sleeping comfortably after watching that performance.”

[TomNewton @thomaswnewton]

@Smileyyeg What a pathetic, weak minded post.
Sad, keep watching CBC bro..

[TomNewton @thomaswnewton]

@AntiTrumpCanada Hate is hate.
How pathetic and small you are

[TomNewton @thomaswnewton]

@Great_Cdn_Moose Carney moved his company out, how could any sane Canadian business owner not do the same.?☹️