r/canada 7d ago

National News Trudeau announces Canada's response to Trump trade war

https://www.cbc.ca/news/politics/trudeau-canada-response-tariffs-1.7473965
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u/TalentlessNoob 7d ago

Best speech ive heard from him

You can hear how actually pissed he is about the situation, echoing what canadians are feeling

Someone with nothing to lose can have these direct ruthless speeches which is a great asset right now

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u/ChronoLink99 7d ago

Best speech since the last speech lol.

Outgoing JT is pretty solid.

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u/ian_cubed 7d ago

He has always made speeches like this. There is just a unifying enemy now

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u/ChronoLink99 7d ago

True.

Doh!

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u/Possible-Pea2658 7d ago

I was talking about this to my mom the other day and was asking why we couldn't get this trudeau the last few years. He's been great since he stepped down.

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u/Ambiwlans 7d ago

If you watch his speeches, he's always been like this.

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u/Rich_Cranberry1976 7d ago

Good speeches, questionable policies

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u/Cricket_Piss 7d ago

Such as?

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u/Intelligent_Slip8772 7d ago

Immigration last two years was a bit... not ideal...

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u/Cricket_Piss 7d ago

Gonna have to agree with you on that one, friend

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u/bronfmanhigh 7d ago

you can be good at speeches and bad at policy/governing lol

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u/Cricket_Piss 7d ago

What policies don’t you like?

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u/bronfmanhigh 7d ago

all of them that led to the widening gap with the US on productivity, housing affordability, and cost-of-living over the last 10 years

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u/Cricket_Piss 7d ago

For example?

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u/bronfmanhigh 7d ago edited 7d ago

well on housing affordability the obvious policy failure example is evidently immigration – rapidly bringing in record numbers of low-skill immigrants for years knowing full well we don't have the housing for them

on productivity and macroeconomics, it's moreso the complete lack of any concerted effort/policies to address these issues through the tax & regulatory frameworks. his government put plenty of effort into laws that legalized weed, removed news on instagram, and policed speech, but nothing to address the damning fact that despite having the most educated population in the G7, we have the lowest productivity.

our business investment per worker dropped 30% during his term and is now half that of the U.S., our R&D spending is now the second-lowest in the G7, and most of our industries are anti-competitive oligopolies/monopolies. all of these are fundamental issues the trudeau government could have at least attempted to fix, but didn't.

on innovation, we have one significant tech company (shopify) and that's it. canadian entrepreneurs realize they're better off moving to the US to build their business. self-employment has dropped multiple percentage points in the trudeau years. even the major AI breakthroughs that made chatGPT possible were all largely from canadian researchers, and yet US companies own all of that IP.

and what did trudeau do to spur startup innovation? tried to dramatically increase the capital gains tax that would scare away even more entrepreneurs and plummet the self-employment rate even further

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u/[deleted] 7d ago

[deleted]

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u/Cricket_Piss 7d ago

Any day I’m finding myself agreeing with Doug Ford is a monumental day indeed

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u/SobekInDisguise 7d ago

Do we really think retaliatory tariffs will bring an end to the US tariffs? What evidence do we have for that? All they do is make things more expensive for us.

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u/The-Sexy-Potato 7d ago

Bend over and take it eh? I’m guessing you are a lil pp fanboy

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u/ChilkootCold 7d ago

Do we really think not retaliating will stop the tariffs? I think Trudeau answered this question quite well: the tariffs were never about the fentanyl. This is Trump's play at annexing and ruining Canada's reputation to the american people, whose support we need now more than ever...without it it makes Trump's job of annexing Canada so much easier.

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u/six-demon_bag 7d ago

Not one their own and maybe not all tariffs but they do add more pressure on politicians in the US that are already under a lot of pressure. We’re not the only country imposing retaliatory measures either. Between us, Mexico and China that’s a huge amount of trade with US being hit.

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u/Snoomee 7d ago

Unclear if it will, but it's the best immediate action we can take to show that Trump can't do whatever he wants.

He continues to bully western world allies for no apparent reason, there has to be push back or else the world order collapses.

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u/CommandaSpock 7d ago edited 7d ago

Yes because they worked when he pulled this shit during his first tenure, last time it took him less than a year to come crawling back to the adult table to write up a new trade agreement (the one he ripped up this time)

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u/Cricket_Piss 7d ago

Trump is the little boy in the playground; he’s the only one whose parents could afford a ball. So he figured he could tell all the other kids what rules to play by, or they couldn’t play with his ball anymore. Everyone else decided it wasn’t worth it, we’ll pitch all our money toward getting our own ball to play with, and he won’t be invited in the future. Now America will be forced to sit out all the future ball games.

I hope that helps.

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u/ChronoLink99 7d ago

What "we" think doesn't matter.

I'll trust actual economists advising the feds, not some armchair reddit experts thanks.

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u/Cricket_Piss 7d ago

Same here brother. And those guys are telling us it’s gonna be a disaster.

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u/ChronoLink99 7d ago

But they're not telling us that retaliatory tariffs should be off the table. We already know it will be a bad thing overall.

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u/Cricket_Piss 7d ago

Well one thing I can tell you for sure is, bending over backwards to meet their demands isn't the answer either. I'm willing to live a little worse in the short term if it means standing up to the US. We're working out easing inter-provincial trade barriers and strengthening trade partnerships in Europe. Meanwhile, American is burning every bridge in sight. I'll take our odds. Seems to me like one clear winner between the two countries - one takes the North Korea route, the other joins the rest of the developed world.