Latest / Kvetch & Release / 610 CKTB | Carney Was Right to Walk from U.S. Trade Talks, But Ottawa Needs to Release the Details
Transcript
- 0:00Speaker 1: It's another edition of Litkey's Got to Take. Good Morning, Johnny,
- 0:04Speaker 1: Good morning. Okay, So your take this morning was Carney
- 0:07Speaker 1: right to walk away from Trump? He pulled our negotiators
- 0:11Speaker 1: out of Washington. Hey, remember when I said, if I
- 0:14Speaker 1: could make a bet last week on Paul Market, I
- 0:16Speaker 1: would bet that the deal was going to die. I
- 0:19Speaker 1: could have made a fortune if they only accepted bets
- 0:22Speaker 1: from Ontario.
- 0:24Speaker 2: Yeah, but you were saying though, that you expected that
- 0:27Speaker 2: the deal would die because of Trump walking.
- 0:29Speaker 1: Yeah. Well, if I bet that it was just going
- 0:33Speaker 1: to die, I would have won if I fair fare,
- 0:35Speaker 1: if they had only taken a bet. Hey, listen, did
- 0:38Speaker 1: the Prime Minister in Ottawa make the right call in
- 0:40Speaker 1: your opinion, you.
- 0:42Speaker 2: Know, based on the information that we've garnered from the
- 0:45Speaker 2: Canadian side, Yeah, Carney made one hundred percent of the
- 0:49Speaker 2: correct call. Pull in our team home mutually beneficial trade
- 0:52Speaker 2: is fine, but subjugation to another country would be treasonous.
- 0:57Speaker 2: Quite Frankly, Washington, from what we know, tried to dig Hey,
- 1:00Speaker 2: who Canada can try can trade with globally? Tried to
- 1:03Speaker 2: launch an attack on French language equality, not only in
- 1:07Speaker 2: Quebec but also across the country. Through CanCon and attempted
- 1:11Speaker 2: to strip our digital sovereignty as well. The US doesn't
- 1:14Speaker 2: get to decide how Canada trades who we trade with
- 1:17Speaker 2: when we trade full stop, So walking away from a
- 1:20Speaker 2: bad deal isn't just a negotiating tactic. I mean, that's
- 1:22Speaker 2: the bare minimum maintained to maintain and remain a sovereign nation.
- 1:27Speaker 1: Yeah, you know, I mentioned this to Laura Babtok at
- 1:31Speaker 1: nine point fifteen. The whole notion that Canada, if it
- 1:35Speaker 1: wants to trade with another country, would have to say,
- 1:38Speaker 1: excuse me, Donald Trump, do you mind if lee, you know,
- 1:41Speaker 1: talk to fill in the blank country. I mean, that's outrageous.
- 1:46Speaker 2: Yeah, it absolutely is. And I don't know if it's
- 1:49Speaker 2: it was a full cart blanche, like they get to
- 1:51Speaker 2: stop trade with other countries or they have to approve it,
- 1:54Speaker 2: or maybe it was right of first refusal for our
- 1:57Speaker 2: critical minerals or for example. But again, these are things
- 2:00Speaker 2: that we don't know. We're sort of in a black
- 2:02Speaker 2: box and we're just sort of taking people's words for it.
- 2:06Speaker 2: But what we're hearing from the US side is very
- 2:09Speaker 2: different than what's coming up from the Canadian side. So
- 2:11Speaker 2: there needs to be a full accounting of what actually happened.
- 2:13Speaker 1: Yeah, well, you know, if this is a truly a
- 2:15Speaker 1: national emergency, is the government handling things to maintain the
- 2:19Speaker 1: trust of wee Canadians.
- 2:21Speaker 2: I think they are going to maintain the trust of
- 2:22Speaker 2: Canadian of excuse me of liberals, but I think Canadians
- 2:25Speaker 2: more broadly, what we're seeing is a bit of a
- 2:29Speaker 2: hypocrisy being exposed. We have Mark Karney declaring that Canada
- 2:32Speaker 2: is literally at war over trade, saying that we were
- 2:36Speaker 2: attacked and that means that that's war. Then we need
- 2:39Speaker 2: to act like this. I mean, you shouldn't be exercising
- 2:41Speaker 2: emergency executive powers from behind cabinet doors while keeping the
- 2:45Speaker 2: nations elected representatives legislators completely in the dark. So I
- 2:49Speaker 2: think what needs to happen here is either recalled parliament
- 2:52Speaker 2: today or if this is war time, then we should
- 2:56Speaker 2: be having conversations about whether or not a cross party
- 2:59Speaker 2: or war time unity cabinet with opposition leaders is required
- 3:03Speaker 2: right now. So this is a national crisis. It can't
- 3:06Speaker 2: be managed through background leaks and PMO press releases. So
- 3:09Speaker 2: I think the secrecy needs to end. Transparency needs to
- 3:13Speaker 2: be provided because Canadians deserve it.
- 3:15Speaker 1: Yeah, you know, we're seeing a real tale of two
- 3:17Speaker 1: provincial approaches. Most provinces taking a firm Team Canada stance. Well,
- 3:22Speaker 1: some plan to maintain booze bands. Others are panicking demanding
- 3:26Speaker 1: an immediate return to the negotiating table. What's best in
- 3:30Speaker 1: your opinion?
- 3:31Speaker 2: Yeah, this is it's really interesting. Everyone here wants to
- 3:34Speaker 2: say they're on Team Canada, but we're seeing some divergences.
- 3:37Speaker 2: So you know, Doug Ford is firmly captain in Canada,
- 3:40Speaker 2: Captain Team Canada wrapped in read. But then you've got
- 3:43Speaker 2: Danielle Smith who panicked immediately begging to jump back to
- 3:46Speaker 2: negotiating table. Quebec is going to maintain their top down
- 3:50Speaker 2: booze import ban. British Columbia is as well, and I
- 3:54Speaker 2: don't have an issue with organic voluntary by Canadian boycotts.
- 3:59Speaker 2: That's smart from consum it's justified. They're powerful. But government
- 4:02Speaker 2: enforced bands at this point are going to be continual
- 4:06Speaker 2: provocations that poke the bear and invite unnecessary further retaliation
- 4:11Speaker 2: that we're going to be dealing with. So state level
- 4:13Speaker 2: grand standing hands us negotiators an easy excuse to target
- 4:17Speaker 2: our exporters. For example, so consumer action carries moral weight,
- 4:21Speaker 2: but the bureaucratic posturing it just invites that retaliation.
- 4:24Speaker 1: Yeah, we talked about this last week. When I heard
- 4:28Speaker 1: that you Trump at least said there was a deal.
- 4:31Speaker 1: I went into a local LCBO store and I said, so,
- 4:35Speaker 1: what do you think the American products are going to
- 4:37Speaker 1: be back on the shelf? And you know, I was
- 4:39Speaker 1: expecting people to say, well, we have no comment, we're
- 4:41Speaker 1: not allowed to talk. But the woman said, well, a
- 4:43Speaker 1: huge truck just arrived this morning and we're just waiting
- 4:46Speaker 1: for the word. So now I guess it all goes
- 4:49Speaker 1: back into a truck and back into storage for who
- 4:52Speaker 1: knows when. But listen, you've been laying out a vision
- 4:56Speaker 1: for I guess we could call it a Canada two
- 4:59Speaker 1: point zero. So what's that look like? And how do
- 5:01Speaker 1: we get there?
- 5:02Speaker 2: Yeah? You know, it's completely madness right now that it's
- 5:06Speaker 2: harder to move goods between Ontario, Quebec and Alberta and
- 5:09Speaker 2: often to ship out of country. What we need to
- 5:12Speaker 2: do is eliminate our interprovincial trade barriers, get trade actually
- 5:16Speaker 2: flowing across the country to become an economic powerhouse that
- 5:19Speaker 2: we can within our own house. So Ottawa needs to
- 5:22Speaker 2: stop using the sticks that they're so used to using
- 5:24Speaker 2: in many cases and start offering you know, carrots from
- 5:27Speaker 2: the federal government. And this could be infrastructure grants or
- 5:30Speaker 2: trade credits or you know, carbon capture credits or environmental
- 5:35Speaker 2: protection for certain areas. I mean, the Feds have lots
- 5:37Speaker 2: of abilities, but what we need to do is incentivize
- 5:39Speaker 2: the province is to tear down all of their trade
- 5:41Speaker 2: barriers to be able to generate more of a GDP.
- 5:44Speaker 2: We should be looking at reshoring our advanced parts manufacturing
- 5:47Speaker 2: as much as we can be as well, and you
- 5:50Speaker 2: know it just fully integrating our national economy. We spent
- 5:52Speaker 2: decades tolerating inter provincial trade systems that operate like a
- 5:55Speaker 2: collection of competing nineteenth century fiefsoms. Quite frankly, so I
- 6:00Speaker 2: think it's if anything good could come from this right
- 6:02Speaker 2: now in the immediate it would be to force the
- 6:04Speaker 2: country to start acting like a single unified economic power
- 6:07Speaker 2: for once. We then need to diversify and find other
- 6:10Speaker 2: trading partners around the world, and I think that you're
- 6:12Speaker 2: going to see them sort of lining up wanting to
- 6:14Speaker 2: trade with us, because we're the first country that's actually
- 6:17Speaker 2: stood up to Trump like this on the world stage.
- 6:19Speaker 2: And then beyond that, we've got to fix this relationship
- 6:22Speaker 2: with the US because we're not going to get by,
- 6:24Speaker 2: quite frankly, never talking to the US again. And anyone
- 6:28Speaker 2: who is suggesting that we can do so is out
- 6:30Speaker 2: to lunch.
- 6:31Speaker 1: Yeah. Hey, finally, what leadership trade do Canadian voters need
- 6:35Speaker 1: to demand right now?
- 6:38Speaker 2: I think uncompromising, pragmatic backbone, realizing that true national sovereignty
- 6:45Speaker 2: it's not a bumper sticker gene or a press release.
- 6:48Speaker 2: It should mean building up the things that we need
- 6:51Speaker 2: to be able to support ourselves as a country, not
- 6:54Speaker 2: being reliant on the security umbrella of the United States,
- 6:58Speaker 2: for example, so that that means furthering our domestic arms
- 7:00Speaker 2: manufacturing base, actually having standing, more standing forces to defend
- 7:05Speaker 2: the Arctic. Understanding that when we brought in a bunch
- 7:08Speaker 2: of temporary foreign workers and a bunch of students from
- 7:12Speaker 2: other countries, we should have been capping that to the
- 7:15Speaker 2: real pace of home construction and actual beds and houses
- 7:18Speaker 2: that we had in the country. We should be lowering
- 7:20Speaker 2: the tax rate to reward real productivity. But we've got
- 7:24Speaker 2: to just get past the partisan theater and demand right now,
- 7:27Speaker 2: pragmatic unity to build up this country that can stand
- 7:29Speaker 2: on its own two feet. We can't claim to be
- 7:31Speaker 2: serious or sovereign when our northern border is wide open,
- 7:35Speaker 2: and quite frankly, so is our southern border. In many cases,
- 7:38Speaker 2: defense procurement is a bureaucratic punchline, and our growth targets
- 7:42Speaker 2: bear no mathematical relation to infrastructure that we actually have.
- 7:46Speaker 2: So there's a lot that we need to do to
- 7:47Speaker 2: fix our own house before we start poinging fingers at
- 7:50Speaker 2: other parties and blaming them for everything.
- 7:52Speaker 1: All right, another great take this morning. We'll see you tomorrow.
- 7:56Speaker 2: Thank you. Gen.
- 7:57Speaker 1: There we go, John Litke, Litkey's got to take, And
- 8:00Speaker 1: that was another great one.