Carney is setting Trump up with dove tailed execution of his trading prowess, international power moves and unique relationships with global leaders.
While Head of the Bank of Canada, Carney refused to allow Asset backed Mortgages into Canada. Basically US banks started giving mortgages to strippers and gardeners, people who could not afford to carry a mortgage. They bundled them, got rating agencies like Moody’s and S&P to give them Triple A ratings and sold them internationally. Iceland almost went bankrupt, banks failed and millions were swindled. Carney resisted pressure from US presidents, politicians, bankers, economists, businessmen, investors and even other countries. Our banks were unscathed. Canada watched as the economic world imploded. He’s a macro economist not a politician and is now the leader of the New Wold Order. 🌎🌍🌏
Let USA try it! They can dump their dairy here till the cows come home! 😉Never will I buy U.S. dairy. You can lead me to the cheese aisle, but unless it has a dairy farmers of Canada blue cow on it, I'll not be buying! 🐄❤️🇨🇦
So I’m prepared to be proven wrong on this but this is likely what Carney is prepared for, I think the way he’s reading the room is that if US is gonna try and muscle their way in then why not charge them for the stuff they need (Lumber, Minerals etc)
He said it himself, the era of free trade is over and whether the Trump Administration likes it or not that means they need to start paying up as well, again fully prepared to be proven wrong but I wouldn’t be surprised if that’s the way CUSMA goes with it no longer being a free trade deal
I was looking at the Hansard records on this exact clash. Washington wants more dairy access, but Parliament passed a law last year legally banning our negotiators from making concessions on supply management (the system controlling our milk and poultry prices). Ottawa literally handcuffed its own diplomats. It sets up a massive collision for the 2026 USMCA review. We are demanding the U.S. respect free trade while holding a strict legal mandate to protect our own farmers. I wonder which side will blink first when the tariff threats become real.
Good reporting Geezer. Briefly, I’m not in love with some aspects of supply management and will concentrate on dairy. The premise of linking domestic demand aligned with milk production makes sense, although we consumers pay more for it. The only unpopular thing dairy supply management does in Canada is when we have a surplus of milk then we flood the world market with cheap milk protein. I hope I have that right and I do support Canada’s dairy farmers but maybe that irritant should stop.
So to the States, they have scads of dairy farmers in Wisconsin for example that aren’t making a lot of money. Well that’s too bad. The US should align its dairy output to domestic demand. Further US federal, state and other entities have numerous subsidies that they provide their dairy folks. But if Canada mentions “subsidy” then the Americans are pissed off.
As Trump said, “we don’t need anything from Canada” and Canada doesn’t need any American dairy. Like how many milkshakes do Americans think we drink?
Let's keep our own milk & beef! Don't we all love BBQ steaks? Baked potatoes, fresh salads & milk! If we keep it in our country we may even be able to lower prices...we'll be fine, there's also moose :)
Carney is setting Trump up with dove tailed execution of his trading prowess, international power moves and unique relationships with global leaders.
While Head of the Bank of Canada, Carney refused to allow Asset backed Mortgages into Canada. Basically US banks started giving mortgages to strippers and gardeners, people who could not afford to carry a mortgage. They bundled them, got rating agencies like Moody’s and S&P to give them Triple A ratings and sold them internationally. Iceland almost went bankrupt, banks failed and millions were swindled. Carney resisted pressure from US presidents, politicians, bankers, economists, businessmen, investors and even other countries. Our banks were unscathed. Canada watched as the economic world imploded. He’s a macro economist not a politician and is now the leader of the New Wold Order. 🌎🌍🌏
Let USA try it! They can dump their dairy here till the cows come home! 😉Never will I buy U.S. dairy. You can lead me to the cheese aisle, but unless it has a dairy farmers of Canada blue cow on it, I'll not be buying! 🐄❤️🇨🇦
Agree absolutely!
If Canada gives up its milk and dairy to the US, we are done.
So I’m prepared to be proven wrong on this but this is likely what Carney is prepared for, I think the way he’s reading the room is that if US is gonna try and muscle their way in then why not charge them for the stuff they need (Lumber, Minerals etc)
He said it himself, the era of free trade is over and whether the Trump Administration likes it or not that means they need to start paying up as well, again fully prepared to be proven wrong but I wouldn’t be surprised if that’s the way CUSMA goes with it no longer being a free trade deal
I was looking at the Hansard records on this exact clash. Washington wants more dairy access, but Parliament passed a law last year legally banning our negotiators from making concessions on supply management (the system controlling our milk and poultry prices). Ottawa literally handcuffed its own diplomats. It sets up a massive collision for the 2026 USMCA review. We are demanding the U.S. respect free trade while holding a strict legal mandate to protect our own farmers. I wonder which side will blink first when the tariff threats become real.
Good reporting Geezer. Briefly, I’m not in love with some aspects of supply management and will concentrate on dairy. The premise of linking domestic demand aligned with milk production makes sense, although we consumers pay more for it. The only unpopular thing dairy supply management does in Canada is when we have a surplus of milk then we flood the world market with cheap milk protein. I hope I have that right and I do support Canada’s dairy farmers but maybe that irritant should stop.
So to the States, they have scads of dairy farmers in Wisconsin for example that aren’t making a lot of money. Well that’s too bad. The US should align its dairy output to domestic demand. Further US federal, state and other entities have numerous subsidies that they provide their dairy folks. But if Canada mentions “subsidy” then the Americans are pissed off.
As Trump said, “we don’t need anything from Canada” and Canada doesn’t need any American dairy. Like how many milkshakes do Americans think we drink?
Hahaha, milkshakes! Love it!
We’re screwed, thanks Tdump 😖‼️
I don’t believe we are screwed but tough days lie ahead for the True North. We will gut up and bear the pain for better days.
Let's keep our own milk & beef! Don't we all love BBQ steaks? Baked potatoes, fresh salads & milk! If we keep it in our country we may even be able to lower prices...we'll be fine, there's also moose :)