Business
Trump: Tariffs on Canada, Mexico to take effect next week

MxM News
Quick Hit:
President Donald Trump confirmed that a 25 percent tariff on all goods from Canada and Mexico will take effect next week. The move is intended to pressure the neighboring countries to take stronger measures against undocumented migration and fentanyl trafficking into the U.S. Despite discussions with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum, Trump stated the tariffs will proceed as scheduled.
Key Details:
- The tariffs were initially set for February 4 but were delayed by 30 days following conversations with Trudeau and Sheinbaum.
- Trump emphasized the need for “reciprocal” tariffs, stating the U.S. has been “mistreated very badly” by many countries.
- Canada and Mexico have threatened to retaliate if the tariffs are implemented, which could impact over $900 billion in U.S. imports.
Diving Deeper:
President Donald Trump announced on Monday that his administration will move forward with imposing a 25 percent tariff on all Canadian and Mexican goods, effective next week. The decision aims to pressure the two countries into taking stronger actions to curb undocumented migration and fentanyl trafficking into the United States.
Speaking at a joint press conference with French President Emmanuel Macron, Trump stated, “The tariffs are going forward on time, on schedule.” This declaration comes as the new deadline approaches on March 4, after an initial delay of 30 days from February 4, following phone conversations with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum.
During the press conference, Trump emphasized the broader issue of tariff reciprocity, claiming, “We’ve been mistreated very badly by many countries, not just Canada and Mexico.” He stressed the need for fairness in international trade, stating, “All we want is reciprocal. We want reciprocity. We want the same.”
Although Trump did not explicitly mention fentanyl or migration in his remarks, his statements apply additional pressure on Canada and Mexico to address his administration’s concerns. According to the White House, Trudeau informed Trump on Saturday that Canada has achieved a 90 percent reduction in fentanyl crossing the U.S. Northern Border and that Canada’s Border Czar will visit the U.S. next week for further discussions.
Together, Canada and Mexico account for more than $900 billion in U.S. imports, including vehicles, auto parts, and agricultural products. Both countries have indicated that they will retaliate if the tariffs are imposed. In a concession to inflation concerns, Trump noted that energy imports from Canada would face a lower tariff rate of 10 percent.
The move underscores Trump’s continued focus on securing U.S. borders and achieving trade reciprocity, while also setting the stage for potential trade conflicts with America’s closest trading partners.
Business
Canadian gov’t spending on DEI programs exceeds $1 billion since 2016

From LifeSiteNews
Some departments failed to provide clear descriptions of how the taxpayer funds were used. For example, Prairies Economic Development Canada spent $190.1 million on projects related to diversity, equity and inclusion ventures but could not provide details.
Federal diversity, equity and inclusion programs have cost Canadian taxpayers more than $1 billion since 2016.
According to information published September 18 by Blacklock’s Reporter, diversity, equity and inclusion (DEI) government grants have totaled $1.049 billion since 2016, including grants for “cultural vegetables.”
A $25 million grant, one of the largest individual grants, was given to the Canadian Gay and Lesbian Chamber of Commerce to “strengthen Canada’s entrepreneurship ecosystem to be more accessible to LGBTQ small businesses.”
The government payouts were distributed among 29 departments, ranging from military to agricultural projects.
The Department of Agriculture spent $90,649 for “harvesting, processing and storage of cultural vegetables to strengthen food security in equity-deserving Black communities” in Ontario.
Some departments failed to provide clear descriptions of how the taxpayer funds were used. For example, Prairies Economic Development Canada spent $190.1 million on projects related to diversity, equity and inclusion ventures but could not provide details.
“PrairiesCan conducted a search in our grants and contributions management system using the keywords ‘equity,’ ‘diversity’ and ‘inclusion,’” the Inquiry said. “Certain projects were included where diversity, equity and inclusion were referenced but may not be the main focus of the project.”
DEI projects are presented as efforts by organizations to promote fair treatment, representation, and access to opportunities for people from varied backgrounds. However, the projects are often little more than LGBT propaganda campaigns funded by the Liberal government.
As LifeSiteNews reported, the University of British Columbia Vancouver campus posted an opening for a research chair position that essentially barred non-homosexual white men from applying for the job.
Additionally, during his short time in office, Liberal Prime Minister Mark Carney has already shown Canadians that he is a staunch supporter of the LGBT agenda after he spent over $2 million in taxpayer funding on LGBT groups during his first week in office.
Canadians have repeatedly appealed to Liberals to end pro-LGBT DEI mandates, particularly within the education system.
As LifeSiteNews previously reported, in June 2024, 40 Canadian university professors appealed to the Liberal government to abandon DEI initiatives in universities, arguing they are both ineffective and harmful to Canadians.
Business
Red tape is killing Canadian housing affordability

This article supplied by Troy Media.
By Conrad Eder
Bureaucracy and bad policy, not demand, are driving up housing prices
Imagine putting down a hefty deposit on an $800,000 pre-construction condo only to find out at closing that your unit is now worth $1 million.
That’s a $200,000 shortfall. Since banks lend based on appraised value, you’re left with two choices: cough up the extra cash or walk away and kiss your deposit goodbye.
Canada’s housing affordability crisis isn’t just about rising prices—it’s about a broken system that can’t keep up with what people actually need.
This isn’t an isolated nightmare. In major cities across Canada, appraisals are landing 10 to 30 per cent below contract prices. And it’s exposing a deeper dysfunction in our housing market.
Toronto alone has more than 24,000 unsold new condos. Units that once attracted investors and young professionals now sit empty while developers keep building more of the same—small, overpriced boxes nobody’s clamouring for. Meanwhile, buyers are hunting for larger, livable spaces they either can’t afford or can’t find.
Yet despite the demand for larger, livable spaces, the system keeps producing what no one really wants.
How did we get here? It’s not just about supply and demand. It’s about municipal red tape and sluggish approval systems that choke off the market’s ability to respond to changing needs.
If we’re serious about affordability, we have to fix this bottleneck. That starts with slashing approval timelines so homes can actually be built where and how people want them.
These delays don’t just frustrate builders: they limit housing supply, inflate prices and leave Canadians competing for homes that don’t fit their lives or budgets.
Across the country, getting from concept to construction can take years. The planning grind—permits, consultations, rezoning, environmental assessments—drags on and racks up indirect costs of as much as $5,576 per unit per month.
In Toronto, approvals average 25 months. That delay alone can tack on more than $100,000 to the final price of a condo. In Hamilton, it’s 31 months.
And those delays don’t just raise costs—they throw off timing. By the time a project finally breaks ground, the market has often moved on, leaving developers stuck delivering yesterday’s housing to today’s buyers.
Even those who can afford larger units hesitate to commit. Who wants to wait years just to move in, especially when the price is climbing the entire time?
Unsurprisingly, larger units are often the last to sell—too costly for most, too delayed for the rest.
The result? A steady stream of undersized condos that few actually want, offered at prices most can barely justify.
Yes, regulation has a place. But among the 35 member countries of the Organization for Economic Co-operation and Development (OECD), Canada ranks 34th in approval speed, with an average of 249 days. That’s not oversight—that’s paralysis. Countries with similarly strong environmental and safety standards manage to approve projects in half the time. So what’s our excuse?
It doesn’t have to be this way. Some cities are proving that faster approvals don’t mean cutting corners—they just mean cutting red tape. Between 2022 and 2024, Halifax slashed its approval timelines from 20.8 months to 9.8. Edmonton went from 10.5 months to just 3.4, without compromising
safety or public input.
Other cities could follow suit by adopting tools like automated same-day permits, consolidating overlapping policies, creating fast-track review lanes for compliant developers and publishing timelines to inject predictability and accountability into the process.
Let’s be clear: this isn’t about giving developers a free ride. It’s about giving Canadians more choice, better options and a fighting chance at ownership.
Unlike interest rates or material costs, these delays are entirely within government control. If policymakers actually want a responsive housing market, they need to stop jamming the gears.
They aren’t stuck with these timelines. They’re choosing them. And those choices are making housing more expensive while preventing the market from delivering what Canadians need, when they need it.
Conrad Eder is a policy analyst at the Frontier Centre for Public Policy.
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