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PM Mark Carney's Canada

Also the CAD USD exchange rate
I think Fraser purports to factor that in somewhat, because the numbers are all in CAD. But idk where they are getting the numbers as to have such a large gap.

This is the best apples to apples I can find quickly, note StatsCan is in 2023 CAD and FRED is in 2023 USD:
https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1110023901
https://fred.stlouisfed.org/series/MEPAINUSA672N
https://fred.stlouisfed.org/series/MAPAINUSA646N

Multinational companies don't care about cost of living difference which narrows the CAN-USA income gap, but they do care how much USD equivalent they need to pay their workers. It's less in Canada.
 
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Yes. And companies save on having to provide most health insurance in Canada. Take this with a grain of salt, the real gap is a bit smaller:
The UAW assumes the cost of health care insurance at Ford, GM and I believe Stellantis. That’s not the case of non-UAW plants. But Canadian auto workers are still paid significantly less than those in the US.

As for the Koreans, if they can get a toehold into NATO’s submarine market they’ll accept anything reasonable on auto plants. And besides, after dozens of Koreans were arrested by ICE as the were setting up a Hyundai battery plant they’re less than enthused to drop an auto plant in the US.

 
The UAW assumes the cost of health care insurance at Ford, GM and I believe Stellantis.
I should've clarified earlier, what I meant was companies don't have to provide insurance that OHIP etc. already covers. But they still do extended health benefits in Canada.
As for the Koreans, if they can get a toehold into NATO’s submarine market they’ll accept anything reasonable on auto plants. And besides, after dozens of Koreans were arrested by ICE as the were setting up a Hyundai battery plant they’re less than enthused to drop an auto plant in the US.
That US plant situation was a self-inflicted foot shot. I saw ads in Ottawa for that Korean submarine, don't know how much it actually influenced the government's decision though.
 
Korea, like China and their EVs are playing the long game. For the same reason Toyota and Honda set up shop in Canada… access to the US market while benefiting from lower labour costs in Canada. And it doesn’t matter if Trump throws a wrench into the Canada-USA auto pact or CUSMA. Any Korean or Chinese auto plant in Canada won’t be in place until well after Trump’s gone in Jan 2029. The Asian industrialists and their export-focused governments are looking to the 2040s and 50s.
Let's hope you're right about 2029. I'm not sure I share your optimism.

Incidentally, it's now been 25 years since the end of the Auto Pact. Time flies.
 
The Canadian auto market is limited. Where are they going to sell all those cars?

The quota in the deal amounts to something like 3-4% of the sales in our market. It's just not a huge deal. And a chunk of the sales will be existing brands like Tesla, Volvo, Polestar, etc.

Korea, like China and their EVs are playing the long game. For the same reason Toyota and Honda set up shop in Canada… access to the US market while benefiting from lower labour costs in Canada. And it doesn’t matter if Trump throws a wrench into the Canada-USA auto pact or CUSMA. Any Korean or Chinese auto plant in Canada won’t be in place until well after Trump’s gone in Jan 2029. The Asian industrialists and their export-focused governments are looking to the 2040s and 50s.

People need to stop thinking this is just about Trump. It was actually Biden who imposed the 100% tariffs on Chinese EVs and insisted that we follow suit. Trump is actually continuity on this one. And I don't see how a Democrat who wants to win votes in Michigan is going to change course. But without some change of direction, the Chinese won't be building a plant here.

At this point, I am just hoping that we can convince Hyundai to build an EV factory here as part of the submarine bid.
 
The quota in the deal amounts to something like 3-4% of the sales in our market. It's just not a huge deal. And a chunk of the sales will be existing brands like Tesla, Volvo, Polestar, etc.



People need to stop thinking this is just about Trump. It was actually Biden who imposed the 100% tariffs on Chinese EVs and insisted that we follow suit. Trump is actually continuity on this one. And I don't see how a Democrat who wants to win votes in Michigan is going to change course. But without some change of direction, the Chinese won't be building a plant here.

At this point, I am just hoping that we can convince Hyundai to build an EV factory here as part of the submarine bid.
Biden imposed the tariffs on the Chinese, but Trump also did that on us. That changed the whole game...
 
Incidentally, it's now been 25 years since the end of the Auto Pact. Time flies.
My friend still has one of the Volvo 240s that were assembled in Halifax in the 1970s in order to get in on the Auto Pact and US market.


profile-of-volvo-122-number-10000-assembled-in-nova-scotia-canada.jpg


I've always liked the look of the Volvo Amazon. I'd buy one now.

Now that Volvo is Chinese owned, maybe we'll see the brand made here once more. Stranger things.....
 
The Liberals have nominated Toronto doctor Danielle Martin to run in the University-Rosedale by-election.

 
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I think a reasonable solution should start with some amount of funding increases for the relevant departments to start enforcing deportation orders. Many of them are literally a letter in the mail, to be ignored or adhered to at the expired visa holder's leisure.
We may be seeing some progress in that direction.

 
We may be seeing some progress in that direction.

It's about time, the EU is doing something similar, "soon" to be fully implemented. How soon, who knows, because the EU just delayed it for the Nth time to September 2026.
 
Big announcement of a huge alumina deposit in Tisdale, Saskatchewan.

This would be "possible game changer" and the first domestic source of alumina — a key component of aluminum — said Christopher Hopkins, president and chair of the board for Canadian Energy Metals.
A preliminary economic assessment carried out by the company found 6.8 billion tonnes of alumina contained in 49.5 billion tonnes of ore.

That's equal to approximately a third of the world's known supply of alumina, Hopkins said, and all of it is located in a site of confined to 600 square kilometres near Tisdale, Sask.

The proximity of existing rail infrastructure is a bonus, he said.

If verified, this is kind of project that the Federal government needs to invest in. Huge potential for future of export trade growth to Europe.
 
Big announcement of a huge alumina deposit in Tisdale, Saskatchewan.




If verified, this is kind of project that the Federal government needs to invest in. Huge potential for future of export trade growth to Europe.
And keep US and China based firms out of any ownership or longterm leases. Australia is finding out the hard way that once they’re embedded into your infrastructure and industry it’s hard to remove them.

 

Toronto MP Bill Blair to resign and become high commissioner to U.K.​


Two sources confirmed the MP for Scarborough Southwest was set to formally resign his seat on Monday.

Former Liberal cabinet minister and Toronto police chief Bill Blair is resigning from Parliament to become Canada’s High Commissioner to the United Kingdom, the Star has learned.
Two sources confirmed the MP for Scarborough Southwest was set to formally resign his seat on Monday, while Blair did not immediately respond to the Star’s request for comment.

At the same time, the Prime Minister’s Office was set to announce that Nathalie Drouin — the National Security and Intelligence Advisor to the prime minister, first appointed under Justin Trudeau — will leave the role to take up Canada’s ambassadorship to France and Monaco.

The appointments are expected to take effect at some point this spring.
Blair is the second Trudeau-era cabinet minister from Toronto to leave in recent weeks, setting up the need for two federal byelections in the city. Chrystia Freeland, who was Trudeau’s deputy prime minister and finance minister before losing to Mark Carney in last year’s race for the Liberal leadership, stepped down from her seat in University—Rosedale in January and took a job advising the Ukrainian government amidst the country’s war with Russia.

The Liberals announced over the weekend that Danielle Martin, a doctor and chair of the University of Toronto’s family medicine program, will be their candidate in University—Rosedale.
The Star has not confirmed who will run in the coming byelection for other major parties.

There is also interest in Blair’s riding from Liberal circles in Toronto. The Star reported last year that John Tory Jr., son of the former mayor, is interested in running for the Liberals somewhere in the city, and possibly in Scarborough Southwest.

The byelections will be closely watched since the Carney Liberals are just shy of a majority in the House of Commons, with 169 of 343 seats.
Both vacant ridings have a history of electing Liberals. Scarborough Southwest, which has changed boundaries over the past decades, has been held by a Liberal for all but four years since 1997. University—Rosedale has elected Liberals since it was created out of existing ridings in 2015.


The parliamentary balance of power is also at play after two Conservative MPs — Nova Scotia’s Chris d’Entremont and Markham—Unionville’s Michael Ma — defected to the Liberal benches and bolstered the government’s numbers in the Commons.
Elected for the first time with the Liberal majority under Justin Trudeau in 2015, Blair held several cabinet portfolios over the next decade, including as minister for border security, public safety and — most recently — national defence.
Blair lost that portfolio in May when Prime Minister Mark Carney shuffled his cabinet after the Liberals returned to power with a minority government in last year’s federal election.
 

Toronto MP Bill Blair to resign and become high commissioner to U.K.​


Two sources confirmed the MP for Scarborough Southwest was set to formally resign his seat on Monday.

Former Liberal cabinet minister and Toronto police chief Bill Blair is resigning from Parliament to become Canada’s High Commissioner to the United Kingdom, the Star has learned.
Two sources confirmed the MP for Scarborough Southwest was set to formally resign his seat on Monday, while Blair did not immediately respond to the Star’s request for comment.

At the same time, the Prime Minister’s Office was set to announce that Nathalie Drouin — the National Security and Intelligence Advisor to the prime minister, first appointed under Justin Trudeau — will leave the role to take up Canada’s ambassadorship to France and Monaco.

The appointments are expected to take effect at some point this spring.
Blair is the second Trudeau-era cabinet minister from Toronto to leave in recent weeks, setting up the need for two federal byelections in the city. Chrystia Freeland, who was Trudeau’s deputy prime minister and finance minister before losing to Mark Carney in last year’s race for the Liberal leadership, stepped down from her seat in University—Rosedale in January and took a job advising the Ukrainian government amidst the country’s war with Russia.

The Liberals announced over the weekend that Danielle Martin, a doctor and chair of the University of Toronto’s family medicine program, will be their candidate in University—Rosedale.
The Star has not confirmed who will run in the coming byelection for other major parties.

There is also interest in Blair’s riding from Liberal circles in Toronto. The Star reported last year that John Tory Jr., son of the former mayor, is interested in running for the Liberals somewhere in the city, and possibly in Scarborough Southwest.

The byelections will be closely watched since the Carney Liberals are just shy of a majority in the House of Commons, with 169 of 343 seats.
Both vacant ridings have a history of electing Liberals. Scarborough Southwest, which has changed boundaries over the past decades, has been held by a Liberal for all but four years since 1997. University—Rosedale has elected Liberals since it was created out of existing ridings in 2015.


The parliamentary balance of power is also at play after two Conservative MPs — Nova Scotia’s Chris d’Entremont and Markham—Unionville’s Michael Ma — defected to the Liberal benches and bolstered the government’s numbers in the Commons.
Elected for the first time with the Liberal majority under Justin Trudeau in 2015, Blair held several cabinet portfolios over the next decade, including as minister for border security, public safety and — most recently — national defence.
Blair lost that portfolio in May when Prime Minister Mark Carney shuffled his cabinet after the Liberals returned to power with a minority government in last year’s federal election.

Ugh.

Now I have a by-election.
 

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