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Eric Vinagreiro's avatar

What I find exciting is there's no going back. New supply chains are going to be created. When the US gets it act back together the Canada US relationship is going to be fundamentally changed. They may go back a normalized trade relationship with Canada, but won't have the negotiating power it maintained for decades.

Fred Ferguson (GeezerWise)'s avatar

Exactly, Eric.

That’s the shift.

Even if the political relationship eventually normalizes...

Canada won’t unbuild the new customers, supply chains and relationships we’re creating now.

We’re not replacing the U.S.

We’re making sure nobody ever has that much leverage over us again.

Eric Vinagreiro's avatar

What happens when the US market is no longer the centre of the world?

Patricia Poohkay's avatar

Every one of yours Fred sends me a little into nightmare land of where we’d be had Carney not come forward! 😵‍💫🙏🇨🇦

Fred Ferguson (GeezerWise)'s avatar

I’ve had that same thought more than once, Patricia. 😳

We’ll never know how the alternative would have played out...

but I’m damn glad Canada started building options when it did.

Patricia Poohkay's avatar

Glad for that, Fred! Probably more glad that we’ll not ever find out what could have been had Carney not stepped forward to serve! 🇨🇦

Maureen L's avatar

Or had Chrystia Freeland not refused to table Trudeau’s fall 2024 budget, which lead to his resignation and the subsequent election of our current prime minister.

Patricia Poohkay's avatar

Oh YES, Maureen! You very smart, observant and thinking “cookie!” Well done! Thank you!! 😱 🇨🇦

Frank Kuma's avatar

These numbers are encouraging. I am hoping that they will only get even better when the seeds Mark Carney is sowing with the Canada Investment Summit and European Associate Membership create more growth.

Fred Ferguson (GeezerWise)'s avatar

Exactly, Frank.

And that’s what I’m watching now... not just today’s numbers, but what happens when those new relationships start turning into investment, contracts and actual trade.

The seeds are planted.

Now we watch what grows.

Carol-Ann Lamothe's avatar

Great as usual, Fred.

Thank You