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USA-Canada trade / tariffs / economy


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#2501 Victoria Watcher

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Posted 08 May 2025 - 08:06 AM

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#2502 Victoria Watcher

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Posted 08 May 2025 - 08:08 AM

Does Brookfield even have any interest in Canada? 

 

It's a Canadian company.

 

https://en.wikipedia...eld_Corporation


Edited by Victoria Watcher, 08 May 2025 - 08:09 AM.


#2503 dasmo

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Posted 08 May 2025 - 08:27 AM

They are a multinational company. What percentage of their investments are Canadian owned and operated? 



#2504 Victoria Watcher

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Posted 08 May 2025 - 08:32 AM

They are a multinational company. What percentage of their investments are Canadian owned and operated?



AI:

Brookfield Asset Management has a significant portion of its investment portfolio in Canada, though a precise percentage is not publicly available. Brookfield's 2024 Q4 earnings report indicated $539 billion in fee-bearing capital, with 87% being long-dated or perpetual, which includes investments in various asset classes. Brookfield's Canadian investments span various sectors, including infrastructure, real estate, and renewable energ

#2505 Mike K.

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Posted 08 May 2025 - 08:39 AM

It’s a spinoff of Seagram’s liquor.
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#2506 dasmo

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Posted 08 May 2025 - 09:04 AM

AI is not an authority. It will give an answer that appears so though. If you look at their documentation. it is sparce on the Canadian front. 



#2507 dasmo

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Posted 08 May 2025 - 09:13 AM

Their last annual report has the best bio I have read though! A real man of the people....

 

Mark Carney. Mr. Carney is currently Chair of the Manager and Head of Transition Investing. In this role, he is focused
on the development of products for investors that will combine positive social and environmental outcomes with strong
risk-adjusted returns. Mr. Carney was a Vice Chair of the Corporation. Mr. Carney is an economist and banker who
served as the Governor of the Bank of England from 2013 to 2020, and prior to that as Governor of the Bank of Canada
from 2008 until 2013. He was Chair of the Financial Stability Board from 2011 to 2018. Prior to his governorships, Mr.
Carney worked at Goldman Sachs as well as the Canadian Department of Finance. Mr. Carney is currently the United
Nations Special Envoy for Climate Action and Finance and Co-Chair for the Glasgow Finance Alliance for Net Zero.
Mr. Carney is an external member of the board of Stripe, a member of the Global Advisory Board of PIMCO, Senior
Counsellor of the MacroAdvisory Partners, a member of the board of Cultivo and Advisor to Watershed. He is also a
member of the Group of Thirty, Harvard University, Rideau Hall Foundation, Bilderberg, as well as the boards of
Bloomberg Philanthropies, the Peterson Institute for International Economics and the Hoffman Institute for Global
Business and Society at INSEAD. Mr. Carney is also Chair of the Advisory Boards of Chatham House and Canada 2020.
Mr. Carney holds doctorate and master’s degrees from Oxford University and a bachelor’s degree in Economics from
Harvard University

 

https://www.brookfie...nual_Report.pdf



#2508 Victoria Watcher

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Posted 09 May 2025 - 11:40 AM

January 2024:


One of the major obstacles to completing the UK-Canada FTA is Canada’s notoriously protectionist dairy sector. The interim UK-Canada FTA kept imports on British cheese tariff- free for three years, resulting in annual export growth rates of around 15 per cent, but that arrangement expired last year.

Tariffs on British cheese are now a shocking 245 per cent – making British cheddar a delicacy like caviar or quail’s eggs. Unfortunately, Canadian dairy farmers have an outsized influence on Canadian politics, especially under Prime Minister Justin Trudeau. Following concessions permitted under the renegotiation of NAFTA, the Liberal government promised dairy farmers that it would not grant tariff free access to foreign cheese products again. Fearful that Canadian consumers will realize that cheese from other parts of the world might taste better, Canada’s dairy farmers are putting pressure on Liberals to keep their supply-managed sector out of the UK deal.

Another difficulty relates to the automotive sector, in particular the Rules of Origin required to ensure continued preferential access (zero tariffs) to each other’s markets. Rules of Origin determine whether or not products may be deemed to originate from one of the treaty partners so that preferential treatment may be granted. At the end of March UK businesses will lose the ability to cumulate EU content in goods they make and sell to Canadian customers. Automotive supply chains are highly integrated between UK and EU. From April on, any EU content will be classified as non-originating, meaning UK cars will not satisfy the origin requirements for preferential tariffs. Canada buys just 1.3 per cent of British cars (fewer than 8000 vehicles), but this could still hurt UK carmakers, particularly since their exports (e.g. Land Rover, E-Type Jaguar Series 1 and Aston Martin DB11) also face luxury taxes in Canada.


https://macdonaldlau...-inside-policy/

Edited by Victoria Watcher, 09 May 2025 - 11:40 AM.


#2509 Victoria Watcher

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Posted 10 May 2025 - 10:55 AM

It is a rite of summer in Seattle, as sure as Seafair and salmon season — when the Toronto Blue Jays come to town, their Canadian fans will follow.

Summer after summer, they have come, from Saskatoon, Edmonton, Victoria; converging on downtown, ambling along the waterfront, drowning out Mariners fans and turning T-Mobile Park into a de facto home game for Canada’s lone Major League Baseball team.

“They may look like the road team,” the Blue Jays broadcast team said two years ago, “but it’ll feel like they’re the home team, as is always the case when the Blue Jays come to Seattle.”

But it is no longer always the case.


https://www.seattlet...ns-not-as-much/

Edited by Victoria Watcher, 10 May 2025 - 10:55 AM.


#2510 Victoria Watcher

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Posted 10 May 2025 - 10:16 PM

"In years past, it was probably 80 percent Toronto fans. The whole patio was Toronto," said Joe Piano, the owner of Pioneer Tacos and Tequila. "Now I'd say it's probably half and half. You can tell just by looking. A year or two ago, it would be all Toronto."

The Mariners released the following statement ahead of the series:

"We've heard anecdotally that fewer fans are making the trip from Canada this year. Currently, this weekend's crowds are tracking towards our expected attendance numbers. The Mariners haven't hosted the Blue Jays in May since 2010 and have not played them before July since 2011."

The team said Friday's game attendance was 31,564 people and Saturday's attendance hit 31,182 people. 

The last time the Blue Jays visited Seattle on a weekend was in July 2024. On the Friday night, attendance was 34,493. On Saturday, July 6, the attendance was 38,264 people last summer

 

 

https://www.king5.co...28-4172125bed5e



#2511 Victoria Watcher

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Posted 11 May 2025 - 01:03 AM

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https://www.foxnews....ff-talks-geneva

#2512 Barrister

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Posted 11 May 2025 - 05:57 AM

What are the Chinese saying about the progress, if anything? It is a sad commentary when one finds the Government of China more reliable than the wild statements that come out of Washington these days.



#2513 Victoria Watcher

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Posted 11 May 2025 - 01:33 PM

'No reason to think' Americans want to trigger early CUSMA review, says Dominic LeBlanc

Canada hopes to make progress on lifting tariffs before G7 summit in Alberta: LeBlanc


https://www.cbc.ca/n...blanc-1.7532267

Edited by Victoria Watcher, 11 May 2025 - 01:34 PM.


#2514 Victoria Watcher

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Posted 12 May 2025 - 12:25 AM

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#2515 Victoria Watcher

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Posted 12 May 2025 - 05:55 AM

CNN News Alert: Dow soars 1,000 points after Trump team and China dramatically lower tariffs

#2516 dasmo

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Posted 12 May 2025 - 06:05 AM

5D chess?

#2517 Victoria Watcher

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Posted 12 May 2025 - 06:57 AM

Trump: The EU is ‘nastier than China’

U.S. president launches blistering new trade attack against Brussels, as he agrees to cool tariff war with Beijing.

https://www.politico...ier-than-china/

Edited by Victoria Watcher, 12 May 2025 - 06:57 AM.


#2518 Victoria Watcher

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Posted 13 May 2025 - 04:33 AM

CTV:

Honda Canada postpones $15-billion EV investment project in Ontario

Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery plant and retooled vehicle assembly facility.

Edited by Victoria Watcher, 13 May 2025 - 04:33 AM.


#2519 Victoria Watcher

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Posted 13 May 2025 - 04:46 AM

CNN:



US inflation slowed to its lowest rate in more than four years, an unexpected and welcome development at a time when President Donald Trump’s dramatically escalated tariffs are expected to cause prices to rise.

Consumer prices rose 0.2% last month, bringing the annual inflation rate to 2.3%, an unexpectedly cooler reading than the 2.4% seen in March, according to the latest Consumer Price Index data released Tuesday by the Bureau of Labor Statistics. It’s the lowest annual rate since February 2021.

#2520 Victoria Watcher

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Posted 14 May 2025 - 04:52 AM

Sidney rejects motion to drop American flag from seasonal display

 

 

The motion failed in a 4-3 vote, with several councillors saying taking the American flag down would mean handing a win to Trump.


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