Connect with us
[the_ad id="89560"]

Business

Trudeau’s Delusion Meets Trump’s Tariffs: 25% Hit on Canada and Mexico Could Cripple Economies Overnight!

Published

17 minute read

The Opposition with Dan Knight

In a fiery Truth Social post on November 25th, Donald Trump made his position crystal clear: the days of open borders, unchecked drug smuggling, and illegal immigration are over. The president-elect, set to take office in January, declared that one of his first actions as commander-in-chief will be to slap a 25% tariff on all goods from Mexico and Canada until both nations “use their absolute right and power” to stop the flow of drugs and illegal immigrants into the United States.

The Trump Doctrine Returns

This announcement serves as a bold reminder of Trump’s “America First” strategy, which dominated his first presidency. According to Trump, the current state of the U.S.-Mexico border is a “national emergency,” with caravans from Mexico allegedly bringing record levels of drugs like fentanyl and waves of illegal migrants. Canada isn’t off the hook either, as Trump accuses Justin Trudeau’s government of maintaining what he calls “ridiculous open borders” that have contributed to the crisis.

“Both Mexico and Canada have the absolute right and power to easily solve this long-simmering problem,” Trump stated. “Until such time that they do, it is time for them to pay a very big price!”

Economic Weapons Locked and Loaded

The proposed tariffs are no small matter. A 25% import tax on goods from Canada and Mexico could cripple their export-driven economies, both of which are heavily reliant on U.S. trade:

  • Mexico: Over 80% of its exports head to the U.S. A 25% tariff would devastate industries like auto manufacturing, agriculture, and electronics.
  • Canada: With 75% of exports destined for the U.S., Canadian businesses are bracing for significant disruptions to key sectors, including energy and auto parts.

Experts warn that these tariffs would also raise prices for American consumers. But Trump’s post signals he’s unfazed by potential backlash. “It’s time for these countries to pay a very big price,” he declared, echoing his tough-on-trade rhetoric from the 2016 campaign trail.

The Bureau – Canada’s Role in the Fentanyl Epidemic

 

According to The Bureau, U.S. investigators have uncovered a direct connection between Canadian cities—particularly Toronto and Vancouver—and transnational fentanyl money-laundering networks. These networks, allegedly run by Triads with ties to Beijing, are laundering cash for Mexican cartels smuggling fentanyl precursors from China.

David Asher, a former Trump administration official and DEA consultant, didn’t mince words in his interview with The Bureau. He stated that U.S. intelligence points to Canada as the “command and control” hub for these networks, which have fueled the devastating fentanyl crisis.

“When we seized their phones, we’d see Canada light up like a Christmas tree,” Asher said, highlighting how Toronto and British Columbia play central roles in these operations.

Canada’s Tariff Crisis: The Numbers Don’t Lie

 

Let’s dig into the cold, hard facts, courtesy of the Canadian Chamber of Commerce, and they’re downright devastating. Trump’s proposed tariffs aren’t just a political statement—they’re an economic wrecking ball aimed squarely at Canada’s most vulnerable industries. For Justin Trudeau’s government and hapless premiers like David Eby, these numbers are a brutal wake-up call.

The Trade Dependency Trap

Canada’s economic lifeblood is deeply tied to the United States, with 41% of Ontario’s GDP and a staggering two-thirds of New Brunswick’s GDP linked to cross-border trade. And it’s not just Canada feeling the squeeze—states like Michigan (14% GDP dependency) and Illinois (10.2%) rely heavily on Canadian trade.

The kicker? Nearly 63% of Canadian exports to the U.S. are intermediate inputs, meaning they’re critical components for American manufacturing. Canada isn’t just exporting products; it’s exporting the gears that keep U.S. industries turning.

Energy and Autos: The Collateral Damage

Consider this: in the first half of 2024 alone, Canada exported $85 billion in energy and $40 billion in auto parts to the U.S. A 25% tariff would obliterate these sectors, dragging down both economies in the process. And while Trudeau and his team posture about “standing united,” it’s clear their lack of preparation will only deepen the pain for Canadians.

Tariff Fallout: A National Recession Looms

The numbers paint a grim picture: a 25% tariff would deliver a 2.6% GDP decline annually for Canada, costing the average Canadian $2,000 CAD per year in lost income. Add in retaliatory tariffs, and this spirals into a full-blown recession, with cascading impacts on productivity, supply chains, and jobs.

  • Auto/Transport Exports: Down 10 percentage points.
  • Basic Metals Exports: Down 9 percentage points.
  • Chemicals and Paper Products: Exports drop by 8% and 7%, respectively.
  • Overall Sector Decline: A staggering 22 percentage points for critical industries.

Meanwhile, cross-border investment—once a pillar of Canada-U.S. relations—is under threat. Canadian investments in the U.S. total $1.1 trillion, but a tariff war risks destabilizing these flows and gutting the broader economic relationship.

Last Weeks Spin Piece from the Canadian Press

As we look at the fallout from Trump’s 25% tariff announcement, let’s take a moment to laugh at this spin piece from the Canadian Press that came out just last week. The article tried to paint a picture of Canada’s Foreign Affairs Minister Mélanie Joly claiming that Donald Trump’s return to the White House has somehow boosted Canada’s influence on the world stage. Yes, you heard that right—Canada, the same country with open borders, an overreliance on U.S. trade, and a prime minister whose leadership is about as effective as a broken clock, is supposedly advising the world on how to handle Trump.

Joly boldly declared from the Asia-Pacific Economic Cooperation summit in Lima, “No country understands the United States better than Canada.” According to her, nations are lining up to learn from Canada’s experience with Trump, as though Trudeau and his team have some masterclass on navigating Trump’s policies. Fast forward to today, with Trump poised to slam Canada with tariffs that could destroy their economy, and the absurdity of this claim is glaring.

This narrative that Canada is a calm, steady hand amid Trump’s return is nothing more than a fantasy. While Joly and Trudeau were hobnobbing at summits, Trump was gearing up to deliver real consequences. His 25% tariff on Canadian imports isn’t hypothetical—it’s a financial wrecking ball aimed at an economy that relies on U.S. trade for survival. Energy exports, autos, and agriculture—the pillars of Canada’s economy—will take a direct hit. But instead of preparing for this, Joly was busy spinning a tale of Canada’s supposed “influence.”

And let’s not forget what Joly was selling in that article. “Canada’s influence is actually increasing because of the impacts that the world is now facing with the new administration.” Increasing? On what planet? Trump’s tariffs make it clear that Canada isn’t leading anything; it’s scrambling to react.

The article also floated the idea that Trudeau was in a “privileged position” because of his past dealings with Trump. Let’s recall how that went, shall we? Trudeau was caught mocking Trump on a hot mic during a G7 summit, embarrassing himself and the country in front of world leaders. His government barely held onto a renegotiated NAFTA—now the USMCA—that Trump rewrote to suit America’s interests. If this is the kind of experience Trudeau brings to the table, it’s no wonder Canada is in trouble.

Meanwhile, the Canadian Press tries to prop up Trudeau as some staunch defender of “rules-based trade,” as though those rules mean anything when Trump has the leverage to rewrite them. Joly spoke about sending “clear messages” to Beijing, yet Trump’s tariff threats expose just how little Canada has done to address the very issues Trump is targeting. Let’s not forget The Bureau’s report on Canada’s role in fentanyl money laundering, with Toronto and Vancouver lighting up as command centers for Triads laundering cash from Mexican cartels. Canada’s failures are part of the problem Trump is confronting.

And here’s the kicker: as of today, neither Trudeau nor Joly has made a peep about Trump’s tariff announcement. No tweets, no press statements, no leadership—just silence. So much for being the world’s go-to expert on Trump. Canada’s leaders are AWOL while Trump tightens the economic screws.

While our beloved PM is silent, Jagmeet Singh, ever the opportunist, couldn’t resist wading into the chaos with his usual brand of hollow theatrics. “Stand up and fight like hell,” he bellowed at Justin Trudeau on Twitter, as though anyone has ever mistaken Singh for a warrior of any kind. Let’s be honest—Singh’s idea of “fighting like hell” probably involves drafting another toothless motion in Parliament or throwing shade on social media while offering zero solutions. This is the same guy who props up Trudeau’s government with his NDP-Liberal supply-and-confidence deal, enabling the very weakness he’s now trying to criticize. Spare us the tough talk, Jagmeet. Bootlicking Trudeau one day and grandstanding the next doesn’t exactly scream credibility.

And as for Trudeau and Mélanie Joly? Their performance over the last week has been nothing short of delusional. While Trump was setting the stage to unleash a 25% tariff that could dismantle Canada’s economy, Trudeau was busy posturing at international summits and snapping photos with global elites. Joly, for her part, claimed that Trump’s return to power somehow boosted Canada’s global influence—because apparently being a punching bag now counts as diplomacy.

This isn’t global influence; it’s global irrelevance. The Trudeau government spent the last week basking in delusion while Trump was preparing to drop the hammer. And now the clock has run out. Stay tuned—because while Trudeau dithers and Singh flails, the reckoning is here.

Final Thoughts

Trump campaigned on a clear and powerful message: tariffs are a weapon to protect American workers and restore national sovereignty. And, folks, he wasn’t wrong. Sure, input costs might rise. Sure, a few elites will clutch their pearls as their profits shrink. But this isn’t about them. This is about something bigger. It’s about standing up for the forgotten workers in Michigan, Ohio, and Wisconsin who’ve watched their livelihoods vanish thanks to decades of globalist betrayal. Trump’s message is loud and clear: no more one-sided trade deals, no more globalist bull. America comes first.

And what about Canada? What has Justin Trudeau done? He’s alienated an entire nation while dividing our own country with his disastrous, virtue-signaling policies. Trudeau doesn’t just dislike the West—he actively works against it. The West pays the bills in this country, folks. Alberta’s oil sands, Saskatchewan’s agriculture, and British Columbia’s resources prop up this nation’s economy. And how does Trudeau repay them? By demonizing their industries, their workers, and their very way of life to appease his climate cult.

While Trudeau struts on the world stage preaching green fantasies, the West bears the cost. It’s their jobs, their industries, and their communities that are hollowed out to fund his carbon tax schemes. Now, with Trump’s tariffs about to slam Canada’s economy, the true cost of Trudeau’s failures is finally coming home to roost.

How can Canada face this crisis when our so-called leader is more concerned with photo ops, platitudes, and meaningless “climate leadership” than standing up for our country? Trudeau has alienated our most important trading partner, antagonized the West, and is now leaving us unprepared for a showdown with Trump’s America.

Let’s look at the facts. Canada is at odds with China, embroiled in a cold war with India, and now staring down Trump’s tariffs. Every move Trudeau makes puts us further into isolation, weaker and more vulnerable. So here’s the question: can we really afford another year of this man at the helm?

The Trudeau government has run out of excuses, out of allies, and now, out of time. This isn’t just about whether Canada can survive Trump’s tariffs. It’s about whether we can survive another year of Justin Trudeau’s leadership. The reckoning is here, and Canada deserves better.

Subscribe to The Opposition with Dan Knight .

For the full experience, upgrade your subscription.

Business

The world is no longer buying a transition to “something else” without defining what that is

Published on

From Resource Works

By

Even Bill Gates has shifted his stance, acknowledging that renewables alone can’t sustain a modern energy system — a reality still driving decisions in Canada.

You know the world has shifted when the New York Times, long a pulpit for hydrocarbon shame,  starts publishing passages like this:

“Changes in policy matter, but the shift is also guided by the practical lessons that companies, governments and societies have learned about the difficulties in shifting from a world that runs on fossil fuels to something else.”

For years, the Times and much of the English-language press clung to a comfortable catechism: 100 per cent renewables were just around the corner, the end of hydrocarbons was preordained, and anyone who pointed to physics or economics was treated as some combination of backward, compromised or dangerous. But now the evidence has grown too big to ignore.

Across Europe, the retreat to energy realism is unmistakable. TotalEnergies is spending €5.1 billion on gas-fired plants in Britain, Italy, France, Ireland and the Netherlands because wind and solar can’t meet demand on their own. Shell is walking away from marquee offshore wind projects because the economics do not work. Italy and Greece are fast-tracking new gas development after years of prohibitions. Europe is rediscovering what modern economies require: firm, dispatchable power and secure domestic supply.

Meanwhile, Canada continues to tell itself a different story — and British Columbia most of all.

A new Fraser Institute study from Jock Finlayson and Karen Graham uses Statistics Canada’s own environmental goods and services and clean-tech accounts to quantify what Canada’s “clean economy” actually is, not what political speeches claim it could be.

The numbers are clear:

  • The clean economy is 3.0–3.6 per cent of GDP.
  • It accounts for about 2 per cent of employment.
  • It has grown, but not faster than the economy overall.
  • And its two largest components are hydroelectricity and waste management — mature legacy sectors, not shiny new clean-tech champions.

Despite $158 billion in federal “green” spending since 2014, Canada’s clean economy has not become the unstoppable engine of prosperity that policymakers have promised. Finlayson and Graham’s analysis casts serious doubt on the explosive-growth scenarios embraced by many politicians and commentators.

What’s striking is how mainstream this realism has become. Even Bill Gates, whose philanthropic footprint helped popularize much of the early clean-tech optimism, now says bluntly that the world had “no chance” of hitting its climate targets on the backs of renewables alone. His message is simple: the system is too big, the physics too hard, and the intermittency problem too unforgiving. Wind and solar will grow, but without firm power — nuclear, natural gas with carbon management, next-generation grid technologies — the transition collapses under its own weight. When the world’s most influential climate philanthropist says the story we’ve been sold isn’t technically possible, it should give policymakers pause.

And this is where the British Columbia story becomes astonishing.

It would be one thing if the result was dramatic reductions in emissions. The provincial government remains locked into the CleanBC architecture despite a record of consistently missed targets.

Since the staunchest defenders of CleanBC are not much bothered by the lack of meaningful GHG reductions, a reasonable person is left wondering whether there is some other motivation. Meanwhile, Victoria’s own numbers a couple of years ago projected an annual GDP hit of courtesy CleanBC of roughly $11 billion.

But here is the part that would make any objective analyst blink: when I recently flagged my interest in presenting my research to the CleanBC review panel, I discovered that the “reviewers” were, in fact, two of the key architects of the very program being reviewed. They were effectively asked to judge their own work.

You can imagine what they told us.

What I saw in that room was not an evidence-driven assessment of performance. It was a high-handed, fact-light defence of an ideological commitment. When we presented data showing that doctrinaire renewables-only thinking was failing both the economy and the environment, the reception was dismissive and incurious. It was the opposite of what a serious policy review looks like.

Meanwhile our hydro-based electricity system is facing historic challenges: long term droughts, soaring demand, unanswered questions about how growth will be powered especially in the crucial Northwest BC region, and continuing insistence that providers of reliable and relatively clean natural gas are to be frustrated at every turn.

Elsewhere, the price of change increasingly includes being able to explain how you were going to accomplish the things that you promise.

And yes — in some places it will take time for the tide of energy unreality to recede. But that doesn’t mean we shouldn’t be improving our systems, reducing emissions, and investing in technologies that genuinely work. It simply means we must stop pretending politics can overrule physics.

Europe has learned this lesson the hard way. Global energy companies are reorganizing around a 50-50 world of firm natural gas and renewables — the model many experts have been signalling for years. Even the New York Times now describes this shift with a note of astonishment.

British Columbia, meanwhile, remains committed to its own storyline even as the ground shifts beneath it. This isn’t about who wins the argument — it’s about government staying locked on its most basic duty: safeguarding the incomes and stability of the families who depend on a functioning energy system.

Resource Works News

Continue Reading

Business

High-speed rail between Toronto and Quebec City a costly boondoggle for Canadian taxpayers

Published on

By Franco Terrazzano

“It’s a good a bet that high-speed rail between Toronto and Quebec City isn’t even among the top 1,000 priorities for most Canadians.”

The Canadian Taxpayers Federation is criticizing Prime Minister Mark Carney for borrowing billions more for high-speed rail between Toronto and Quebec City.

“Canadians need help paying for basics, they don’t need another massive bill from the government for a project that only benefits one corner of the country,” said Franco Terrazzano, CTF Federal Director. “It’s a good a bet that high-speed rail between Toronto and Quebec City isn’t even among the top 1,000 priorities for most Canadians.

“High-speed rail will be another costly taxpayer boondoggle.”

The federal government announced today that the first portion of the high-speed rail line will be built between Ottawa and Montreal with constructing starting in 2029. The entire high-speed rail line is expected to go between Toronto and Quebec City.

The federal Crown corporation tasked with overseeing the project “estimated that the full line will cost between $60 billion and $90 billion, which would be funded by a mix of government money and private investment,” the Globe and Mail reported.

The government already owns a railway company, VIA Rail. The government gave VIA Rail $1.9 billion over the last five years to cover its operating losses, according to the Crown corporation’s annual report.

The federal government is borrowing about $78 billion this year. The federal debt will reach $1.35 trillion by the end of this year. Debt interest charges will cost taxpayers $55.6 billion this year, which is more than the federal government will send to the provinces in health transfers ($54.7 billion) or collect through the GST ($54.4 billion).

“The government is up to its eyeballs in debt and is already spending hundreds of millions of dollars bailing out its current train company, the last thing taxpayers need is to pay higher debt interest charges for a new government train boondoggle,” Terrazzano said. “Instead of borrowing billions more for pet projects, Carney needs to focus on making life more affordable and paying down the debt.”

Continue Reading

Trending

X