Quotulatiousness

October 4, 2026

Mark Carney’s … complicated … relationship with America

Filed under: Business, Cancon, USA — Tags: , , , , — Nicholas @ 05:00

On her Substack, Melanie in Saskatchewan wonders what is going on in Mark Carney’s world whenever the United States comes up. At times, you would assume he hates the US, yet the vast majority of his personal wealth is invested there. His family members live there. It’s a paradox:

AI-generated image from Melanie in Saskatchewan

I’m starting to think Mark Carney has a passionate, personal hatred of America.

And I don’t mean Donald Trump. Plenty of people hate Donald Trump. I mean America itself, or at least the enormous role America has played in Canada’s economy for generations. Because the longer I listen to Carney talk about where he wants Canada to go, the more I wonder whether Trump caused this economic divorce at all … or whether he was simply the spectacular act of infidelity Carney needed to finally file the papers.

Maybe hate is too strong. Maybe geopolitical jealousy has stages too: irritation, resentment, righteous indignation and finally whatever stage comes after, “I’d love to go out sometime, but unfortunately I’ll be washing my hair indefinitely”. Whatever stage Carney has reached, I’m increasingly convinced this is about considerably more than Donald Trump.

Because we can document Carney publicly talking about a changing world order more than fifteen years ago. How long he had been developing those ideas before putting them into speeches, I have no idea. We don’t need to invent an origin story. The public record is interesting enough.

I can’t prove Carney hates America. Maybe he loves it. Maybe there’s a Louisville Slugger sticking out of a Davos swag bag somewhere between six conference lanyards, a King Charles commemorative tea towel and a couple of those luxury Normandy butter cups that apparently require their own travel arrangements. But if Mark Carney loves America, somebody should probably tell America the relationship is still on.

He certainly never seemed troubled by American money. His disclosed investments included hundreds of companies, many of them American. And I don’t begrudge him that. If American companies offered a good return, invest away. What makes it interesting is that while his money was quite comfortable in America, Carney had already spent years publicly describing a world becoming considerably less centred on American economic power. Donald Trump didn’t inspire that. He came crashing through the front door years later, apparently oblivious to the fact that Carney had already furnished the room.

Canadians have since been handed a wonderfully tidy explanation for everything happening now. Trump returned. Trump threatened tariffs. Trump called Canada the 51st state. Trump made governor jokes. CBC, our publicly funded national broadcaster, and a Canadian media industry operating alongside various government support programs amplified every provocation until everybody knew exactly which Trumpism could send Canada through the ceiling.

He said “51st state”. Canada erupted, so he said it again. Trump noticed. The media noticed. And I have a very hard time believing Liberal strategists somehow failed to notice the political value of an issue resonating that powerfully with Canadians.

But heaven forbid an opposition MP or ordinary Canadian asks to see where our money went. Suddenly negotiations, contracts and records disappear behind confidentiality, redactions and “national security”. Apparently telling Canadians what our own government is doing requires security clearance, but advertising precisely which Trump taunts are working required something closer to a neon sign: YES, DONALD. RIGHT THERE. THAT BUTTON!

Why not circle the red button, write DO NOT PRESS across it and explain exactly what happens when he does? Because if humanity has established anything about a big red button labelled DO NOT PRESS, it’s that nobody has ever wanted to press that bastard more.

QotD: Auditors and the taxation system

Filed under: Bureaucracy, Business, Government, Quotations, USA — Tags: , , — Nicholas @ 01:00

Is it plausible that a billionaire paid no taxes for a period of several years? Yep. Totally. See all that stuff I wrote above about the complicated tax code and how it is an accountant’s sacred duty to take advantage of all the stupid laws congress has passed to save their client’s money? Pretty much that. It has happened many times before, and it will happen many times again.

One thing that’s really unfair about our tax system is that it is rigged in favor of people who have more resources. Government meddling makes it more costly to conduct business. The more complicated the regulatory burden, the more smaller companies can’t compete. Make the laws complicated enough and the only companies that stay in business are the ones who can afford to pay for twenty guys like me. (my last regular accounting job paid extremely well, and nearly everything I did was jump through government mandated hoops, filling out government mandated paperwork which nobody in the government would probably ever read)

Trump has those resources. I bet he’s got a room full of accountants, and their leader is probably a grizzled old CPA with an eye patch and a raven who sits on his shoulder. The raven also has an eye patch and an accounting degree. This man has wrestled bears, and he’s going to take advantage of every tax break in the US Code for his client, and do so gleefully, knowing that many of those laws were signed by Barack Obama and Bill Clinton.

On the other side, you know damned good and well that the IRS has sent their most fearsome auditor against him. This man sold his soul to the devil, and then fined the devil for failing to list that soul as a depreciable asset. When he shows up to audit your company, he appears a flash of fire and brimstone, as a Finnish death metal band plays his theme song. He is an auditor bereft of mercy, compassion, or pity, and beneath his leathery wings serve a legion of IRS goblins, who will crawl into every nook and cranny of the Trump Corporation’s P&L looking for errors, and if a mouse so much as shits a turd large enough to unbalance that ledger, there will be hell to pay.

Is it unfair that rich guys can employ Gandalf level CPAs and take advantage of more complicated tax laws, while regular people use TurboTax? Yep. But in the meantime, as long as those tax laws are there, the rich guys would be utter fools not to take advantage of them.

Larry Correia, “No, You Idiots. That’s Not How Taxes Work – An Accountant’s Guide To Why You Are A Gullible Moron”, Monster Hunter Nation, 2020-09-28.

October 3, 2026

More on that change to student loan eligibility rules

Filed under: Education, Government, Media, Politics, USA — Tags: , , — Nicholas @ 03:00

Larry Correia’s comments on Trump’s executive order changing eligibility for federally guaranteed student loans generated a fair amount of discussion, so I felt linking to Copernican’s post on the same topic would be of interest to many of you:

As a White Western Man, I am unaccustomed to seeing or hearing “good news” in a larger geopolitical sense. That is, actions of our leaders tend to lead one to be somewhere between depressingly blackpilled and defiantly optimistic even in the face of overwhelming evidence to the contrary.

Recently, Donald Trump and his Department of Education have engaged in some more executive shenanigans. Once again bypassing our Congress, whose dysfunctional role is best thought of as the kidneys in our diabetic, alcoholic body politic. With that said, a relatively minor update to the Department of Education rules regarding underwriting federal student loans might have a dramatic long-term effect on our entire cultural system.

Take a look for yourself:

    Of all the actions the Executive Branch can take, this is one of the best. Most notably, because it’s boring. Changing the rules on federal fiscal underwriting is boring, so the media and the population at large will have a hard time holding on to it as a talking point. The most dramatic cultural changes are precipitated from the most boring types of fiscal action. Flashy is fun, but boring is often effective. Something to keep in mind when our generation finally seizes the reins of power.

The recent update that takes effect in 2027 is functionally removing the federal guarantee from student loans for useless degrees. Predominantly degrees that fall under the “female daycare” category. That is, the reason why every employer in the United States demands a degree to flip burgers or fill out spreadsheets is due to the fact that everyone can get a degree. Removing a significant portion of the federally backed degree-mill system will force a top-down restructuring of the American cultural academic-caste system.

The fallout from this decision is going to be immense, but we won’t see it unless the current policy holds long enough for several generations of university students to grow up under it (say around 12 years). First, it’s going to cut off universities from the endless money of cheap federal student loans that’s been flooding into useless departments. Women’s studies, social studies, English majors, and early-childhood-education majors are about to see a significant drawdown in the number of attending students.

As many have pointed out, it’s only an Executive Order, so it can be easily set aside by the next president, but it may have a salutary effect on those who do see a university degree as just a way to stay out of the working world for a few more years.

October 1, 2026

Trump’s student loan policy change

Filed under: Education, Government, USA — Tags: , , , , — Nicholas @ 03:00

On the social media site formerly known as Twitter, Larry Correia applauds President Trump’s decision to stop providing goverment-backed student loans for courses that don’t provide students who graduate with a viable career path:

Now this sounds like a good policy.

Only they’re not “banning” anyone from majoring in anything. Kids can still major in whatever dumb shit, gender studies, no job having degree, they want, and liberal academics will still make bank ripping off those kids and their parents.

This is just the rest of us tax payers not being on the hook for their good times.

Most regular loans the bank isn’t going to lend you money unless there’s some assurance that they’re not going to get screwed. If you went to your bank with a business plan that said you needed $250k up front so you could make $20 an hour after, they’d laugh at you.

Student loans were the one goofy ass outlier because Uncle Sam said it’s cool to go a quarter million dollars into debt to get a useless degree that qualifies you to get some specific $20 an hour job … except wait, due to all these loans for bullshit degrees the supply of eligible employees far exceeds the demand, so all those $20 an hour jobs are already filled, so now you’re working fast food where your coworkers are teenagers or illegal aliens, only you’re still $250k in debt.

Of course none of what I am saying will make sense to people who majored in the degrees in question because they weren’t required to take any math, econ, or accounting classes.

The headline says social work, art, religious studies, and music will be hardest hit! (teaching aides need a degree? WHY?!?) And now I’m gonna get yelled at by people who think what America really needs is more social workers.

Going off of what I’ve seen from creative writing degrees, MFAs, and the many art and music professionals I know, I’m guessing art and music degrees are mostly a huge waste of time. Just go get a real job to pay the bills and practice your art on the side until you get good at it (says the bestselling novelist who got an accounting degree).

Going deeply into debt for a “religious studies” degree from a university baffles me. Go to church. Read your scriptures. Serve your fellow man. But mostly I’m betting they included this one to try and pull at conservative heart strings because we all know in reality this policy change is going to overwhelming hit liberals.

But, Correia, you barbaric anti-intellectual* with the free taxpayer money faucet shut off this will irreparably harm America’s pretentious snooty sheltered ivory tower scholars of pointless fields who exist in a state of perpetual bossy uselessness in their little university bubble!

Oh no! Anyways.

    * for the record, I’m not anti-intellectual. I’m all in favor of scholarly pursuits. I just think much of the education business is a scam, and the people who label themselves “intellectual” usually aren’t.

September 29, 2026

Carney’s Trump card – deploy the BOM to panic the Elbozos

Filed under: Cancon, Media, Politics, USA — Tags: , , , , , , — Nicholas @ 04:00

I don’t think it’s a stretch to say that Mark Carney wouldn’t be Prime Minister without the active connivance of Donald Trump. Using the Bad Orange Man to whip up the thoroughly propagandized Boomer Elbozos has been Carney’s most successful play since arriving in Ottawa. With the enthusaistic support of the presstitutes of the Canadian relic media, all Carney needs to do to deflect any bad news is to mention the name and the elbows start flapping in unison:

AI-generated image from Melanie in Saskatchewan

Dear Prime Minister Carney,

Enough the crap already. Just stop it and tell your caucus MPs to knock it off too. Canadians deserve better. I, along with most Canadians I talk to, are genuinely disgusted by what Canadian politics has become.

Let me start with something that apparently now requires a disclaimer before common sense is permitted into the room: yes, the Canadian government should prepare for catastrophes, whether that’s war, cyberattacks, pandemics, natural disasters, terrorism, economic shocks, asteroids and comets or, hell, even an alien invasion. Governments are supposed to think about things the rest of us would reasonably file under “probably never going to happen”, including scenarios so unlikely that everybody involved hopes the planning exercise ends up gathering dust forever. That is called governing.

But there is an enormous difference between quietly preparing for an extreme possibility and irresponsibly putting that possibility in front of Canadians until people start wondering whether they should be watching the southern horizon for tanks.

And apparently we are doing the latter now.

You called the possibility of American military action against Canada an “extreme tail risk”. In other words, something considered extraordinarily unlikely but potentially catastrophic.

Fine, plan for it then. War-game it if you like. Put it in a binder thick enough to stop a bullet and lock it in whatever filing cabinet governments use for scenarios involving asteroid strikes, alien invasions and somebody successfully explaining the federal tax code.

But why are ordinary Canadians being invited into this particular nightmare? Especially now?

Because while everybody is staring south waiting for Donald Trump’s army to parachute into Canada, something considerably less hypothetical is happening right here.

The Canadian economy isn’t exactly bounding through the meadow with a ribbon in its hair like you touted, now, is it And guess what’s actually more interesting?

On June 3, you stood in the House of Commons defending Canada’s economic performance and told Pierre Poilievre that if he wanted an answer, he could “ask the OECD”, which was forecasting Canada to have the second-strongest G7 economy that year and the next.

Finance Minister François-Philippe Champagne invoked the OECD forecasts too. The OECD had become something of an international report card pinned proudly to the Liberal refrigerator. You touted it as proof “the plan is working!”

Then September arrived.

I’ve been saying for quite some time that Carney genuinely doesn’t want and wouldn’t accept a trade deal with the Trump administration, no matter how much it will cost Canadians (and since his family and personal wealth is more than 90% in the United States, it’ll cost him nothing at all personally). Even so, this seems to be a position from which there is no eventual “victory”, no chance to recoup the lost economic opportunities, there is nothing to “win” here. So, aside from theorized anti-Trump animus, why has Carney chosen this path? In a long essay, Upper Canadian Cavalier suggests some fascinating yet unsettling reasons that aren’t at all tied to Canadian interests:

AI-generated image from Upper Canadian Cavalier

To ask who Mark Carney is working for, you first have to be willing to look at the real nature of the Canada-US relationship, the one that no one in a position of power above would dare articulate.

Set aside the picture of the United States as the friendly giant next door, the trading partner, the ally with the shared border and the shared anthem at the hockey game. That picture is a courtesy. What sits below us is an empire, in the oldest and most exact sense of the word, and it does not rule the way the older empires ruled. Rome ruled through legions, garrisons, roads, and the physical occupation of ground. The American empire rules through the things that move without an army. It is an empire of covert softpower most of whose subjects are blissfully unaware of their subordinate position. That empire maintains control through the currency the world prices its oil in. The payment rails every bank on earth must touch. The studios and platforms that manufacture what a hundred nations find funny and frightening and true. The defence umbrella that quietly turns an independent foreign policy into a luxury most of its members decline. The foundations and the NGOs that decide which causes are respectable and which are fringe. The universities whose faculties set the terms of every argument before a single voter ever hears it. It lets its provinces keep their flags. It lets them keep their anthems and their parliaments and their little ceremonies of self-government, because none of that costs the metropole a thing, and a province that believes it is a country is far easier to manage than one that knows it is a province.

On that map, Canada is not a neighbour. Canada is the richest province in the entire system. Wealthier than nearly all of them, wired more directly into the centre than any of them, sharing the longest border, the deepest supply chains, and the most complete cultural merger of any territory the empire holds. Most provinces of an empire sit at a distance from it. We are plugged straight into the board. Southern Ontario is closer to the beating heart of that system than West Virginia is, and it has been for fifty years.

I recall hearing the term “branch plant economy” from when I first started paying attention to the news: it was a standard refrain in any discussion of Canadian industry from at least the 1960s and probably going back much further than that … because a lot of US companies did set up small manufacturing operations in Canada to avoid paying duty and taxes for shipping products across the US-Canadian border.

But the same was at least as true about cultural issues:

Once you see the country this way, something that has nagged at you for years finally has a name. You have noticed, surely, that our politics feels like a rerun. That the arguments arrive already formed, six months late, dubbed into Canadian. The slogans on the placards, the list of what counts as controversial, the shape of every fight, all of it seems to come pre-packaged from somewhere south of here, keyed to institutions and a history that are not ours. The Canadian left takes its vocabulary and its enemies from the American left. The Canadian right does the same in the other direction. To argue about any of it from outside the imported frame, to counter-signal the entire American script, is treated in this country as something close to blasphemy. That is what it is to be a province. The metropole ships the politics, and the province stages the show.

One of the claimed advantages of the negotiations leading up to the first general free-trade agreement between Canada and the United States was to eliminate as much as possible of the cross-border friction in trade: those duties and taxes that initially encouraged branch plant expansion. Free trade meant, at least in theory, that companies could produce their output where it made the most economic sense and serve the entire North American market more efficiently. Some of the old branch plants disappeared, while others expanded and grew to become much larger facilities. Later, as emphasis on manufacturing shifted from domestic to (cheaper) international sources, the jobs and the money moved steadily away from making things and toward providing services. This seemed to make sense in the economic calculations, but it wasn’t all sweetness and light and following Adam Smith’s philosophy:

Over forty years the American economy (and Canada’s) was reorganized so that the money flowed away from the people who make things and toward the people who arrange things. Factories went abroad. Finance stopped being a utility that funded industry and became the industry. A whole class came up in the gap between those two facts: the asset managers, the consultancies, the compliance shops, the climate-finance desks, the private equity partners. Men whose income arrives not from building anything but from standing between someone’s labour and someone’s capital and charging a toll on the traffic.

Intermediation, in the polite register. Skimming, if you want the shorter word.

It is very good money. It also has requirements. Open borders for goods and capital. A regulatory thicket dense enough that only the largest players can afford the guides through it. And a political class that treats all of it as weather rather than policy.

Then 2016, and worse, 2024.

Trump is a realignment. Tariffs, reshoring, open contempt for the managerial professions and the international bodies, a stated preference for the man who pours concrete over the man who writes the memo about pouring concrete. Say what you like about how he does it. The direction is unmistakable. He is dragging the American state back toward the people who work with their hands, and away from the people who take the percentage.

So that is the larger economic and political picture. Here at home, Canada has had a decade of Justin Trudeau’s clown prince act and has finally grown tired of it:

January 2025. The Liberal brand is radioactive. Ten years of Trudeau have curdled, the party is twenty-odd points down, the cycle is running hard against it and every professional in Ottawa can read the polling. A liberal man who wants a political career in Canadian politics would wait. He would let someone else absorb the defeat, sits out a term, and comes back clean in 2029 as the saviour of a rebuilt party. That is the obvious play and any political operator in town knows it.

Carney jumped in anyway.

When somebody takes a deal that looks bad, don’t ask him what it cost. Ask him what he is buying instead. Because Carney was not making a shrewd pivot towards a political career. On the arithmetic available in January 2025 he was buying a short ugly premiership, taking a run at Kim Campbell’s record and he went for it anyway.

What the office did offer, immediately and uniquely, was a seat at the table opposite Donald Trump. Not commentary. Not a column in the Financial Times. A state. Tariff authority, a negotiating team, a G7 chair, standing with Brussels, and control of one of the few economies wired deep enough into the American one to actually hurt it.

[…]

[Carney] is not governing this country. He is occupying it.

When Caesar took Rome, Pompey and the Senate did not surrender. They crossed to Greece, and there they raised what he could and kept the war going from the provinces, because their faction lost the capital but did not want to stop fighting and submit to reforms that would permanently alter the lucrativeness of their rent seeking ways. So they relocated their base of operations to continue the war abroad instead.

They lost Washington. So they reorganized the resistance in the most valuable province they had, the one already theirs, and they garrisoned it with a man of their own class who needed no persuading at all. Nobody had to recruit him. He was already one of them, and the province came with the office.

Pompey’s people in Greece were not a band of exiles, and this is the part worth understanding. They were the Senate. The lawful government of Rome, in their own account, operating in exile with its own command and its own coinage, entirely convinced that they were Rome and that the man sitting in the city was a usurper. They were also, by any honest reading, a rich and deeply corrupt class defending its own holdings, and they could hold both of those things in their heads at once without difficulty.

That is the mind of Carney’s class exactly. They are not insurgents. They think of themselves as the rightful order who have temporarily been displaced by a vulgar interloper, waiting it out in the provinces and administering what is still theirs in the meantime.

The parallel runs the other way too, and it is not flattering to the Senate. Caesar’s support was real and it was popular. The opposition to him was a wealthy class protecting its rents and calling that protection a defence of the republic. There was no cabal in that Senate either. There were hundreds of men, each convinced of his own righteousness, each guarding his own standing, arriving at the same posture without a single meeting required. Which is why it could never be exposed, only defeated.

They also treated him as a mortal threat to the constitution before he had become one, went all in on the civil war framing, and the measures they took to stop him are what forced his hand. Prophecies of that kind have a way of fulfilling themselves.

Long time readers will know that I couldn’t possibly pass up a reference to the parallels to the late Roman Republican struggle between Caesar and Pompey.

War drums echo again in Britain

Filed under: Britain, Media, Military, Politics, Russia, USA — Tags: , , , , — Nicholas @ 03:00

Mark Steyn on the renewed interest in going to war against Russia by the British establishment (let’s not point out just how Britain’s existing armed forces are being required to skip “non-essential” training to save money):

“British Army working during the Field Training Exercise” by U.S. Army Europe is marked with Public Domain Mark 1.0 .

On the other hand, the Iran war has, apparently effortlessly, brought Britain to economic ruin, which may be why the UK’s hitherto all-powerful iron-fisted caudillo has not been seen since late July, even by his favourite Ukrainian rent boys.

Still, the good news is that every day Russia inches closer to that 2022 collapse:

    The Novoshakhtinsk refinery in the southern Russian region of Rostov was hit by drones and had to be taken offline, regional governor Yury Slyusar said in a post on Telegram early on Friday.

    As a result of the drone attacks, the Novoshakhtinsk refinery, which has the capacity to process 110,000 barrels of crude oil per day, was damaged and halted operations, the official said …

    Ukraine continues its campaign to cripple Russian refining capacity, fuel supply, and export revenues. Due to the low refinery production, Russia has been forced to ban diesel exports for months and is likely to extend the ban beyond September 30. The ban was initially introduced in July as Ukraine has continuously taken Russian refineries offline.

That’s great news, isn’t it?

Whoops, my mistake: in another exciting plot twist, bringing the Russian economy to its knees is now a bad thing. Because the, er, Houthis have done a Lindsey Graham and put their flip-flops on the ground:

    The Houthis’ capture of Mocha has transformed the war in Yemen – and the geopolitics of the Red Sea

Are you a renowned geopolitical expert? Are you free for a quick Zoom hit on what happens if the Iran-backed Iraqi militias bomb the strategically vital Saudi port of Macchiato? Ha! Gotcha!

Notwithstanding these distractions, what rank-and-file voters want to know is who’s two points up in Iowa. After all, we live in a golden age of popular self-government where Abdul el-Sayed is “America’s next Obama” and Elif Eralp is “Germany’s Zohran Mamdani” and Sadiq Khan is the next Sadiq Khan. Iowa-wise, Republican control of the Senate is all down to Nicki Minaj.

As you’ll have gathered from all the foregoing, news is bollocks. And yet, to return to where we came in, the strange persistence of certain recurring themes is itself newsworthy. It is curious, for example, that every western European leader insists on alerting his citizenry that “war with Russia could begin at any moment“.

Why? It’s fairly obvious that Moscow has determined to conclude the Ukraine war on the battlefield and to hold what it has taken: to the victor the spoils, as President Trump remarked at the UN General Assembly. In the course of an agreeable week or so in Odessa, it took me a day or two to notice that seventy per cent of the locals speak Russian and that the preferred items I painstakingly learned from the breakfast menu were not in fact in Ukrainian. So I can see why the Kremlin might jib at letting Nato turn it into the Lindsey Graham Memorial Headquarters for the new forward operating bases that used to be in the Gulf. In the weeks since my pre-coma vacation, Putin has destroyed the town’s port and reduced Ukraine to a de facto landlocked country.

Tough for the Ukrainians. So the European political class has volunteered you — yes, you, Clive Higginbotham of Rotherham, and you, Jean-Marie Durand of Clichy-sous Bois, and you, Stig Karlsson of Malmö — to go and fight the Russian bear. The Pakistani minicab-driver will take care of your wife and daughters while you’re away. When the Donbass is in peril, what fainthearted ninny worries about his own territorial integrity? In London the government’s busy giving away Northern Ireland, Gibraltar, the British Indian Ocean Territory and the English South Coast to, respectively, Brussels, Madrid, Port Louis and every sex-fiend in Somalia, so your sovereign territory is hardly at issue, is it, you whiny loser?

Even so, you’d think impending nuclear armageddon would be a wee bit politically controversial. Au contraire, it’s impeccably non-partisan. Here, for example, is a discussion about next month’s blitzkrieg against Russia between the Rt Hon Sir Jacob Rees-Mogg, former Lord President of Her late Majesty’s Privy Council and a “conservative”, and Mr Paul Richards, former chair of the Fabian Society and a “socialist”:

Got that? If you oppose war with Russia, the “conservative” wants to throw you in gaol because Britain suspended habeas corpus during the Napoleonic Wars and the “socialist” wants to throw you in gaol under the 1914 Defence of the Realm Act.

Because that’s all the choice anyone needs in a functioning democracy. So good luck findng a Neither Of The Above candidate who’ll be permitted to take power. After all, the winning party in this month’s German elections is, per the intelligence agencies, a “Russian sleeper cell”.

But but but, splutter my correspondents, aren’t you worried that Iran is two weeks away from a nuclear weapon? Actually, I assume the deceased ayatollahs have used the seven months since February 28th to acquire nukes. Wouldn’t you?

September 24, 2026

The benefits to US national security from the Greenland agreement

Filed under: Europe, Government, Media, Military, Politics, USA — Tags: , , , , , — Nicholas @ 04:00

I’m sure some in the Canadian relic media will try to spin the US-Greenland-Denmark agreement as somehow threatening to Canadian sovereignty, but if it does in some way it’s clearly not the main focus from the US viewpoint:

US President Donald Trump diplays the Greenland security deal with Danish Prime Minister Mette Frederiksen and Greenland Prime Minister Jens-Frederik Nielsen.

Photo via CDR Salamander

We’ve kept up reasonably steady reporting the last couple of years on Greenland. I was never quite sure where it would come out, but I was confident that it would be — non-inclusive — in between the two extremes we heard coming out of the overly excitable and narrowly sourced commentariat of the U.S. invading or the U.S. being kicked out … and it did.

I have to give a nod to our Australian friend Liz Buchanan who gave some great observations on the issue on the Midrats Podcast back in September of 2025 and January of this year.

The full text of the agreement can be found here if you want to read it in detail, but let’s stick to the big pixels, as it is really a good news story for everyone … especially NATO.

Rod Martin created a great executive summary … I’m just going to steal it.

Bravo Zulu to the team that kept working this issue. From a national security point of view, everyone got the most important things they wanted — that’s what matters.

As we like to do here, let’s go to the chartroom.

We should start with something I posted five days ago over on X.

September 22, 2026

Trumpian economics – making Mercantilism great again

Filed under: Economics, Government, History, Media, Politics, USA — Tags: , , , — Nicholas @ 05:00

President Donald Trump is remarkably inconsistent on a lot of issues, but one thing that keeps coming back is his apparent allegiance to protectionism and mercantilism:

Politics is an industry in which ideas demonstrated to be ineffective and morally reprehensible live on long after they should have died. That’s the case with President Donald Trump’s fondness for mercantilism, as he espouses hoary old nostrums about the alleged benefits of hoarding money and preventing Americans from using their capital to purchase desired goods from other countries. Like a throwback to the 18th century, the president mistakes accumulating the means of exchange for building actual prosperity, as if we’d all be better off with overstuffed wallets than with the things our funds can purchase.

“Losing” Money on Voluntary Transactions?

Last week, when asked about the eternal political bogeyman of “trade deficits”, Trump responded, “If we lose $50 billion a year with a country, and we say, ‘we’re not going to trade with you anymore’, we don’t lose $50 billion a year. It’s very simple. Right?”

The president’s comments continued a theme he’d expounded on Truth Social, where he wrote, “If we stopped Trading with every country that we have a Deficit with, which is most of them, we would make, at least, 1.5 Trillion Dollars a year.”

Earlier this month, the president threatened to entirely stop Americans from trading with businesses in countries with which the Unted States runs a trade deficit — that is, from which we overall buy more than its residents purchase from Americans. His position seems to be that we’re better off hoarding cash than we would be using (or losing, from his perspective) our money to purchase things that we want.

But as the late economist Milton Friedman commented during an earlier incarnation of the eternal debate over the “fairness” or lack thereof of international trade, “the goods and services we import, they provide us with TV sets we can watch, automobiles we can drive, with all sorts of nice things for us to use. The gain from foreign trade is what we import. What we export is the cost of getting those imports. And the proper objective for a nation, as Adam Smith put it, is to arrange things so we get as large a volume of imports as possible, for as small a volume of exports as possible.”

[…]

Everybody Benefits From Free Trade

“Nothing, however, can be more absurd than this whole doctrine of the balance of trade”, Smith warned in An Inquiry Into the Nature and Causes of the Wealth of Nations, published in 1776. “When two places trade with one another, this doctrine supposes that, if the balance be even, neither of them either loses or gains; but if it leans in any degree to one side, that one of them loses, and the other gains, in proportion to its declension from the exact equilibrium. Both suppositions are false.” In fact, he pointed out, “trade which, without force or constraint, is naturally and regularly carried on between any two places, is always advantageous, though not always equally so, to both”.

As Smith’s criticism makes clear, the ideas of “balance of trade” and “trade deficits” are archaic throwbacks to mercantilism, even though they’re still popular among politicians playing to ill-informed voters. Smith’s points prevail among economists even in cases where one country burdens its population with trade barriers while allowing relatively unhindered exports.

September 21, 2026

A short check-in on what’s happening in Canada

Filed under: Cancon, Europe, Media, Politics — Tags: , , , , , , — Nicholas @ 04:00

As I’ve mentioned before, even though I’m Canadian I don’t cover a lot of Canadian stories unless it has broader international interest. That said, I do think it’s worth the effort for non-Canadians to occasionally get some insight into what new insanity is going on above the 49th Parallel. The Rewrite has a helpful summary of recent news from the Maple Gulag that may be of interest:

For a Canadian blog, I get a lot more non-Canadian visitors.

It looks like Canadians are about to cheerfully reconnect with what they were taught for a decade is their unforgivable colonial past. First, the Wall Street Journal (WSJ), primarily citing unnamed sources, reported that Prime Minister Mark Carney was hoping to make Canada an associate member of the European Union. But then CTV News, quoting a senior PMO official, reported Canada wasn’t seeking EU membership “in any capacity.” Paul Wells wrote a column explaining how WSJ had torqued the story and then Carney, who tends to get truthy under pressure, as Brian Lilley pointed out, told reporters he wasn’t seeking anything called membership but something something else something something. A couple days later, EU President Ursula von der Leyen disagreed with that line when she declared in a speech that she wanted to join with Canada at the “highest level possible” and she’d be happy to welcome Canada as an “associate member.” In response, the Financial Times reported other EU leaders were thinking, uh, not so much about the whole thing but good luck Canada and the Daily Mail chimed in with news Brussels was in an uproar. Then, proving it was right all along, WSJ quoted a Canadian official saying “We were the ones who proposed associate membership”, which Carney and his office had denied.

US President Donald Trump said if Canada joins the EU with a hostile intent (the qualifier having been omitted in some Canadian reports), the USA will bring in more EU tariffs. Our PM recaptured headlines with a speech promoting an undefined but aspirational union and flew home to a nation that polls indicate is now wildly enthusiastic about embracing settler culture even while the Daily Telegraph said the whole thing was already unraveling.

The challenge for journalists was to make sense of all this prestidigitation while wondering if maybe they should have taken the time to ask who Carney was hanging out with during his recent vacay in Tuscany. Many were left wondering if PMMC could do this without Parliamentary approval which, as every working journalist should know, he can, partly because they let him. When it comes to treaties, it’s a one-man show. Credit the Toronto Star‘s Althia Raj for noting in regards to Carney’s plan to further privatize major airports that “The Liberal government has no mandate to do this”.

While The Line‘s Jen Gerson and others were taking umbrage with the PMO’s preference for foreign media, John Ivison was getting some decent insider dirt for National Post on how vigorously bureaucrats are resisting the PM’s need for speed — a concept with which they are notoriously unfamiliar.

A further chapeau to Brian Passifiume for the scoop on how, while Carney is urging us to buy Canadian, his government hired an American company to run his Toronto investor match making sessions.

I have frequently pointed out that the mystery of why Germans supported Hitler and the National Socialists in the 1930s comes down largely to the value of non-stop propaganda: ordinary Germans read the newspapers and listened to the radio and the messages they got were increasingly co-ordinated to praise the party and the work of its leader and to demonize enemies of the state. What brought it home to me was just how efficiently Canadian relic media spare no effort to praise our very own Dear Leader and belittle the opposition or private citizens who don’t automatically wave their elbows on demand:

Putting on the neuroscience hat for a minute.

When people are called “traitors” simply for saying Canada should negotiate a workable deal with the United States, something interesting is happening psychologically.

The brain has a fast threat-response pathway and a slower regulatory pathway. The amygdala can detect a perceived threat almost immediately and trigger a stress response.

When people feel they are losing control or fear social judgment, cortisol can rise. Under enough perceived threat, slower prefrontal-cortex functions such as weighing evidence, considering alternatives and regulating emotional reactions can become less dominant.

Now add politics.

If Trump, the United States, Canadian sovereignty and national loyalty become emotionally loaded symbols, a disagreement over tariffs can stop being treated as an economic question. It becomes: “Are you with us or against us?”

That is where tribal thinking can take over.

Calling somebody a traitor because they want negotiations is the fast response. The slower question is: What outcome produces the least economic damage for Canadians? What does retaliation cost us? What can Canada realistically gain through negotiation? What happens to workers, farmers and businesses if there is no deal?

You can oppose a deal after doing that analysis. You can support one. The important part is how you reached the conclusion.

I saw much the same psychological process during COVID. Questions that should have involved evidence, probabilities, costs, benefits and changing information often became tests of political identity and loyalty. Once that happens, people defend the tribe first and examine the evidence second.

The neuroscience doesn’t tell us which political side is automatically correct.

It does tell us why fear, loss of control, social judgment and group identity can push people toward rapid emotional responses, while stepping back and deliberately examining evidence requires more cognitive regulation.

Sometimes the most rational thing you can do is refuse the loyalty test and ask the boring question:

What actually works?

September 20, 2026

There are wedding gifts and there are wedding gifts

Filed under: Media, Politics, Russia, USA — Tags: , , , , — Nicholas @ 03:00

Gift-giving has been a thing since caveman days, they say, but sometimes gifts carry strings along with them that are impossible to ignore, or as The Grim Historian puts it, “never let a mobster pay for your wedding”:

Nothing says “just a wedding gift” like the benefactor whose role stayed secret until ProPublica had to put an arrow over his head.
Photo: Laura Gordon Photography via Instagram; annotation/source: ProPublica.

My Grandma Ella had a rule about gifts, usually delivered while waving a wooden spoon over a white apron so stippled with tomato sauce it could have been entered into evidence.

She would say, “Never accept gifts. That’s how a rich man turns you into a beggar.”

That may sound cynical, but no Italian survives a lifetime of weddings, funerals, Sunday dinners, and relatives saying “forget about it” without learning that generosity has a very long memory.

A gift creates an imbalance. You give me something. Now I am indebted to you. Sure, you may insist it is “just a gift.” But I have seen enough crisp white envelopes exchange hands to know there are gifts, and then there are … gifts.

Say I give you a hundred dollars and tomorrow you hand me a hundred dollars back, congratulations…we have invented banking. Or say you sign up for my breathtakingly grim history newsletter. I have provided you a service in exchange for your 5 ducats, but we are all clear on the bargain.

But suppose I give you something you can’t return. Not tomorrow. Not next year. Now the books stay open. And a man who keeps your books open is not your friend. He owns a piece of you.

Which brings us to Donald Trump Jr.’s wedding and who owns him.

ProPublica reporters Justin Elliott, Brett Murphy, Joshua Kaplan and Alex Mierjeski reported this week that Umar Kremlev — a Russian businessman closely associated with Vladimir Putin — gifted Trump Jr. and Bettina Trump quite the wedding shindig in the Bahamas.

According to records and interviews ProPublica reviewed, Kremlev paid to rent a private island, covered an elaborate fireworks show, and had his team help organize the festivities. There were helicopters, seaplanes, oceanfront villas, and a five-tier funfetti cake flown in from Florida. So not exactly the crystal punch bowl from Aunt Linda.

Fortunately, after ProPublica published its story, the newlyweds fessed up. Yes, Don Jr. and Bettina Trump have a wealthy Russian benefactor (sorry, “friend”) granting party favors. Then they made a statement that would have my Italian grandmother shaking her mano fica.

“Friendship doesn’t require a political motive. Generosity doesn’t automatically come with an agenda. And sometimes a wedding gift is simply a wedding gift.”

Just a gift.

September 15, 2026

A Fall election seems quite likely

One of the advantages of a Westminster-style parliamentary system is that election dates are not fixed, so that the Prime Minister can take advantage of perceived opportunities to win majorities when they arise. It must be very tempting to Mark Carney to call an election as soon as he can, as the Elbozos are still waving their arms and chanting his praises for “standing up to the Bad Orange Man”. His latest notion of trying to add Canada to the European Union as some sort of “associate member” is also popular among people who think that Canada should be more like Europe (the Venn diagram of Elbozos and Europhiles is almost a perfect circle). On X, Jay Currie stares into the abyss of yet another Liberal majority government with a renewed electoral mandate:

The Prime Minister of all the Canadas is prepping for his Davos 2.0 speech to the European Parliament on the 17th when, apparently, he is going to propose that Canada become some sort of associate member of the EU. God help us.

The developed world can be thought of as two camps: the progressives and, for want of a better term the nationalists (could be traditionalists but that is only one strain within the nationalist camp). The supra nationalist institutions, EU, UN etc are progressive to their core.

Progressives see borders as barriers to progress, believe diversity is strength, see international action as the only way to defeat the horror of “climate change”, want international controls on speech, technology and public health.

For progressives individual rights, the rule of law, property are all barriers to the greatest good for the greatest number. Citizenship is an antique concept best left in the 20th century.

Most importantly progressives see the state, rules and regulations, a constantly refreshed “New World Order” and managed decline as both beneficial and inevitable. Arc of History and all.

Nationalists begin with the tiniest unit in society, the individual, and take that unit seriously. What rights does an individual have? If you start there you automatically circumscribe the power of the state. You also set the state’s direction.

Taking individual rights seriously creates a state in which individuals matter, there their voluntary associations beginning with families, matter. “The greater good” is no more than a suggestion when it comes to protecting individual rights.

The Europe of the EU came out of the ashes of a world in which individuals were subjects rather than citizens (with the notable and sporadic exception of post Revolutionary France) and the concept of individual rights was fragile at best.

The progressive intent of the EU was to treat “Europeans” as interchangeable economic units whose value was locked to group identity and which must be prepared to share the burdens imposed for the greater good.

Nationalism was seen as regressive as was patriotism and the insistence that individuals had rights which over rode the “common good”. After all, the horrors of WWI and II were the products of patriotic nationalism.

The progressive European project worked quite well for the first twenty or so years when Marshall plan aid funded the rebuilding of Europe and membership in the EU was relatively restricted. Expansion and mass immigration strained the Community.

Part of the reason the EU worked quite well in the early years was that its goals were relatively modest, a trading bloc with harmonized economic regulation left individual countries to work out their social, legal and rights structures.

As with any progressive institution the modest goals of the early years were gradually replaced with “ambition”. The 1985 Schengen Agreement eliminated hard borders within the EU. The European Convention on Human Rights harmonized the rights of Europeans.

Part of the progressive ambition was the creation of a hitherto unknown entity known as “the European” superficially similar in concept to “the American”. Questions of nationality could be submerged as this new entity stepped into the world.

For the progressive camp the “European” was a giant step forward into a post national future. As indeed it was for a tiny minority of bureaucrats, academics, journalists, financiers and other members of a self appointed cognitive elite.

People who objected to this grand homogenization of the nations of Europe were obviously frightened of the inevitable future because, well, they were not well educated and, entre nous, not too bright.

For the “Europeans” the great cause of the 21st century was laid out in Rio in 1993 when a conference convened by Canadian Maurice Strong sounded the alarm about “global warming” currently rebranded “climate change”.

Now there was a global threat demanding a supra-national response where the “Europeans” could assume a leadership role by…well, by shipping all of their heavy industry offshore and building very expensive windmills and mandating electric cars.

To no one’s very great surprise the Europeans have managed to de-industrialize and regulate themselves to the point of actual poverty. Fortunately, it was all for the global greater good so the Europeans could congratulate themselves.

Not content with climate virtue, the Europeans (though not the regressive nationalist yobs) took it upon themselves to welcome millions of migrants. An act of humanity and also shrewd as the Europeans had given up having children.

Of course, the idea had been trial-ballooned recently to get Carney-friendly headlines ready in advance:

September 9, 2026

The day after counter-tariff Tuesday

Yesterday, the Canadian counter-tariffs to the latest round of US tariffs kicked in. Maxime Bernier put it this way:

Canadians wake up today to a brand new tax hike; courtesy of PM Carney’s “dollar-for-dollar” countertariffs.

Let’s be clear: this isn’t a weapon against Trump. It’s a tax on YOU.

Every time you buy steel, a fridge, manicure products or a laundry machine, etc. … you’re paying more so Ottawa can feel tough.

The Liberals call this “standing up to Trump”. I call it economic sabotage.

They’re taxing Canadians to feel good about “punishing” Washington. And who pays the bill? Families, workers, and businesses right here at home.

Trump started this pointless trade war. But two wrongs don’t make a right; they just make everything more expensive.

You can’t fight tariffs with more tariffs. That’s just stupid.

Happy Tax Day, everyone. Thanks, Carney.

Carney’s plan all along has been to push Trump into saying and doing things that give Carney and the Liberals even more Boomer support. Pretty much controlling the relic media allows the government to massage the stories so that Dear Leader is never in the wrong and “the Bad Orange Man hates you and wants to destroy you”. Canadian boomers are among the last people in the world to realize that they’ve been systematically gaslighted since Justin Trudeau ran for Liberal leader … and the penny still hasn’t dropped. Enough of them are already psychologically prepared to destroy what’s left of the economy, Thelma & Louise style, if Carney invites them to. And he’s going to.

John Carter responds to a Ben Woodfinden article in the National Post, blaming dissident Canadians for not rallying behind Mark Carney to … do exactly the same sort of performative elbozo pantomime that the Boomer Liberals have been doing for over a year?

This misses the mark in a subtle but interesting way. The author invokes the concept of oikophobia against the Canadian online right for joining in (actually initiating) American mockery of Canada, arguing that Canadian rightists are themselves oikophobic for not instead supporting the Carnites.

This is incoherent. The Liberal regime is itself oikophobic, loudly so. Oikophobia is explicit Canadian government policy, as the author himself tacitly acknowledges by noting that we pointed out the hypocrisy of Canadian politicians decrying Trump’s lame Lake America stunt after a decade-long orgy of renaming every school, square, and street in the country in the name of a Woke ideology imported straight from America. That’s to say nothing of replacement migration, and racial preference systems that make white Canadians second class citizens. You can’t be oikophobic against the oikophobes.

There are certainly slopulist 51st staters out there, but their influence in the Canadian right is actually marginal, largely confined to a rump of lolcow Alberta separatists. The energy is all in Canadian Loyalism, and that is a different animal entirely.

The reason we’re happy to pile on to the Canadian political elite when the Americans mock them isn’t because we want to be America. It’s because we’re disgusted by the state of the country.

Trump can excoriate the Canadian military for being fat and woke because it is. That isn’t Trump’s fault. That’s because of decades of sabotage and social engineering by the Liberal Party.

Trump can joke about annexation because the Canadian military is weak. Again, that isn’t Trump’s fault. That’s the fault of the Laurentian elite, the very people now insisting that they can turn things around.

If Canada had a serious government, we’d be taken seriously. We don’t, and haven’t since Pearson at least. As a direct result of the deeply unserious clowns running the country into the ground, Canada is poor, defenseless, sclerotic, and despondent. Every time Trump makes fun of us, the very fact that his insults land is a condemnation of the elites that brought our beautiful country to this shameful condition.

Saving Canada requires circulating the elite.

And that’s why we pile on.

And since I try not to overtax my non-Canadian readers (the vast majority of you) with too many separate maple-flavoured posts, here are some sensible suggestions from Matt Gurney about fixing our own problems — which are legion, and mostly self-inflicted — rather than pretending that Trump is the problem:

… there’s a bigger issue at play here than just managing the relationship with America. What the hell do we do as Canadians?

Don’t think about the States at all. Don’t think about Trump. Just think about Canadians in Canada. What should we be doing for ourselves? Even if the trade war does eventually end, our relationship with the United States is going to require generations to fix. Some very fundamental assumptions about Canadian, well, everything, now need to be reconsidered. I’m the guy who wrote the column about our expectations being a problem, and I’m still having a hard time keeping up with this.

But if there is one thing that I could suggest we should prioritize, it’s simply fixing the problems we have in this country. Really. Just … do the right things. Fix the problems. Just like virtue is its own reward, making good decisions is always a good decision. It’s bizarrely not something we’ve been good at lately, though, and it’s probably actually going to get harder for a while. In fact, a patriotic rallying-around-the-flag effect is very likely to make it even harder than it already is to get Canadians to actually admit there are major problems in this country, and then insist that the politicians get serious about fixing them.

I’ve been thinking about writing this column for a couple of weeks. Last month I was in the United States for some family business. I was actually there the day Carney called our negotiators home, and I returned to Canada the next day; I joked with some friends that, much like our negotiating team, I was packing up and leaving the United States to show them we meant business.

But one of the things I did notice on my visit to the United States, which included stops in two major cities, was that those American cities were much cleaner than my hometown of Toronto, and in much better repair.

And the especially bizarre thing was, one of these cities was Detroit.

Yes, that Detroit. Astute Line readers — the smartest and best-read people in the whole wide world — will recall that Detroit has not often been held up as an exemplar of civic governance and urban success.

But the downtown looked good. It was safe, clean, well-patrolled; I’m not exactly a regular visitor, but I do pop in often enough to have noted real improvement in the state of things there, even compared to my last visit, which was only about a year ago.

The other major city I visited, Chicago, has always struck me as the best apples-to-apples comparison my hometown of Toronto has with a U.S. city. Chicago has a lot of visible problems. I’m not trying to gloss those over; one thing I quickly noted was a roughly Toronto-esque number of people wandering the streets in evident mental-health crisis, shouting at nothing. But overall, Chicago had much less visible homelessness and was in a considerably better state of repair and cleanliness than my hometown. It wasn’t subtle. Cleaner streets, in better condition, with fewer people obviously living on them. Toronto did not compare well.

And just when the hell did that happen?

We can’t blame Trump for our laughably protectionist inter-provincial trade barriers. We can’t blame Trump because we’re functionally incapable of building a pipeline to bring Canadian oil and natural gas to Canadian markets. We can’t blame Trump for our ever-less-functional public healthcare systems. We can’t blame Trump for our ever-less-appealing market conditions for foreign investment. We can’t blame Trump for our deteriorating relationship with First Nations groups. These are all things that need to be fixed by Canadians. In Canada. No matter who might be occupying the Oval Office in Washington, DC.

Update: Added missing URL to John Carter’s post on X.

August 29, 2026

On the scenic shores of “Lake America”

Filed under: Cancon, Media, Politics, USA — Tags: , , , , — Nicholas @ 04:00

One thing Trump does better than any other politician is finding ways to send his opponents crazy. It’s not a skill I’d want to have myself, but it’s amazing how Trump can do or say something outrageous … and pretty much every time his opponents take the bait and make themselves even more ridiculous in trying to react to his provocations. Like randomly renaming Lake Ontario by executive order:

I don’t think Carney has Trump Derangement Syndrome, the citizens who vote for him do. Carney knows this, he counted on it to win the election. Elbows up was about preparing Canadians for a breakdown in relations with the U.S. – A breakdown that Carney and the other Laurentian elites who run things in Canada saw as inevitable. To anyone paying close enough attention, Carney is the de facto new leader of the globalists (the WEF mob). He ascended to that position at the moment he became the Canadian prime minister. Trump and the MAGA movement, on the other hand, are the singular force in the world effectively opposing globalism as it has emerged in the post-WWII “rules based order”.

This effectively places Canada at the center of an existential global struggle. However, we are not only at the center, but oppositionally set against the most powerful nation the world has ever seen, locked in a “trade war” with the largest economy in the history of humanity. Pardon my use of acronymic French as I blurt out an unruly “WTF!”

I am sure Carney has read The Art Of The Deal and knows how to win diplomatically with Trump – which is all one needs to read to gain the key insights prerequisite to mutually successful negotiations with the orange one. But Carney is not interested in mutually beneficial trade relations with the U.S. because that would mean tacit support for the American led reset of global political economy (which of course follows from America’s new economic policy, because yes absolutely America is that powerful), or put another way, it would mean Carney supporting the thing which is opposing the thing that he actually supports.

Elbows up Canadians have been manipulated by the most cynical government in the history of Canada. Carney is a smooth operator but a cunning wirepuller. He has essentially pulled the wool over the eyes of a malinformed citizenry who have been fed an endless diet of state-sponsored anti-American, Anti-Trump, and Anti-Poilievre propaganda since at least the final scenes of the Trudeau premiership set the stage for Carney the globalist show closer.

[…]

And at last we come unceremoniously to the supreme troller who has cast his line in the newly anointed Lake America. He is fishing for a major catch of Canadian TDS, and he is bound to fill his nets. Indeed, Trump has signed an executive order officially changing the name of Lake Ontario to Lake America. Canadians are of course triggered and are whining insufferably. I think it is funny, and I like that for once an Indian name is being changed to a European one. Trump is the greatest troller in the history of trolling. However, the move is a serious one, in twenty years the world will be flooded with maps and globes that label the former Lake Ontario as Lake America, in spite of the impotent protestations of butt hurt Canadians. America has vastly more power in this world, if they want our lake known as Lake America it will be so. Canadians who have a hard time accepting this simply have no clue about the dynamics of power.

Carney’s response to Trump’s redesignation of the lake was replete with a self-own only one as invested in a globalist “new world order”, and oblivious to actual domestic concerns could muster. He posted the following to X:

    The name Lake Ontario comes from the Wendat word Ontari’io, which, appropriately, means “the lake is beautiful, the lake is big”.

    The name is more than 400 years old, predating both the Confederation of Canada and the Declaration of Independence of the United States of America.

    We know that America is changing. Their trading relationships, their foreign policies, their national monuments, their hydronyms.

    Canadians also know that naming reality means calling it Lake Ontario – then, now and always.

A hilarious response to this which appeared on X was posted by Miranda Veracruz de la Jolla Cardinal, which I am assuming is a parody account since Miranda was a recurring character in the 1980s sitcom Married With Children. MVdlJC wrote:

    “How dare Trump rename Lake Ontario!”

    “Anyways, here I am at Sankofa Square …”

If that is not the cat’s pajamas then I have no idea what type of a response to Carney’s boundless smugness would adequately compliment a feline’s slumber. Carney says that Canadians know about “naming reality”, yet how many unpronounceable aboriginal terms have been grafted over the real names of Canadian places in the past decade or so.

August 24, 2026

Trade negotiations degrade into full-on trade war

Filed under: Cancon, Economics, Government, Media, Politics, USA — Tags: , , , — Nicholas @ 03:00

As I mentioned the other day, I don’t believe Prime Minister Mark Carney ever intended to reach a trade agreement with the United States, because it was far better for his domestic political situation to have the US — and especially Donald Trump — as a focal point for retired Canadian boomers to trigger a two-minute hate. Every time the name Trump appeared in a state-sponsored newspaper or TV story, Carney’s popularity went up. After a decade of economic stasis and relative decline under Justin Trudeau, Carney’s more staid persona told the boomers that “the adults were back in charge”, yet Carney’s policies have been largely the same as Trudeau’s with a bit less hamming it up for the cameras.

On his Substack, Brian Lilley considers the potential economic damage of the increased tariffs:

“You’re at war when you get attacked, we got attacked.”

That’s what Prime Minister Mark Carney said when he was asked why it sounded like was going to war after his Saturday morning speech.

Carney used references to war multiple times in his speech and during his Q & A with reporters.

“We’re stronger now than when the United States started this trade war. More unified, more determined, more ambitious,” he said in his speech.

Not sure that I believe that to be the case, though we could be if we take the right steps, something I was writing about in my latest column for the Sun.

Previously, I have questioned whether we should consider this a trade war between Canada and the United States. The Americans say they don’t see it that way, they see it a change in trade policy, an attempt to rebalance trade.

My thinking that perhaps the Americans were right was that calling it a trade war put us in the wrong mindset. Canadians were looking for a fight with the Americans, many still are and are happy that Carney walked away from this deal.

Of course, for the devoted “Elbows Up” crowd, no deal was always the best deal. They foolishly believe we can and should walk away from the United States.

After this latest round of tariffs though, I’m fine calling it a trade war.

Melanie in Saskatchewan calls it “the most convenient failed trade deal in Canada”:

AI-generated image from Melanie in Saskatchewan

Imagine, if you will, a prime minister first installed and then elected, because Canadians believed he was uniquely equipped to deal with Donald Trump. Our hypothetical prime minister has impeccable credentials, international connections, central banking experience, serious suits, and the reassuring manner of a man who appears to know exactly which fork to use while the dining room burns down around him.

Most importantly, his political identity rests on one enormously useful proposition: Only he can handle Trump.

Now imagine the negotiations aren’t going particularly well. Not outright disastrous, at least not yet. Just difficult. Canada makes concessions. Ottawa drops the Digital Services Tax, removes most retaliatory tariffs, and American alcohol and supply management are on the table.

Still, negotiations continue, but then something changes.

On August 18, Trump postpones the new 50 per cent tariffs for three days after the two sides report “substantial progress”. By August 20, Canada’s trade minister says they’re “very close” to a deal. Reporting suggests the agreement under discussion could halve steel and aluminum tariffs and reduce tariffs on Canadian-built vehicles from 25 to 15 per cent.

And then … poof!

No deal. Do not pass go, consider this farce terminated.

The 50 per cent tariffs take effect. Carney suspends negotiations, the Canadian negotiators come home, and Ottawa announces retaliation. Washington says Canada backed away from commitments while Ottawa resolutely asserts Washington changed the terms at the last minute.

Well, that’s pretty fricking interesting, isn’t it?

So naturally our hypothetical prime minister takes to the airwaves and explains exactly what happened. Except he doesn’t, not with any actual clarity.

He speaks for more than twenty minutes, probably moistly, wandering from storms and changing climates to sovereignty and resilience, then through infrastructure, LNG, nuclear power, housing, defence, diversification and investment. By the time he finishes, we’ve practically navigated the entire federal government, several industries and the weather forecast.

Canada, we learn, is “master in our own home”. Well, isn’t that just terrific! What happened to the bloody trade deal?! Carney says the Americans introduced new terms that were “uneconomic” and “unfair”. They “asked too much and offered too little”. Who is going to draw the short straw and tell Carney those are adjectives and conclusions, and not terms?

Then comes a particularly curious bit. Carney says Washington also sought restrictions affecting Canada’s future trade relationships with other countries.

Other … countries.

But he never actually tells us which countries Washington was talking about, exactly what restrictions were being demanded, or which “certain sectors” he meant when he admitted the Americans wanted Canada to coordinate tariffs against other countries. Stranger still, Carney conceded that Canada could actually see merit in some of it as part of the right deal.

So which countries? Which sectors? And which parts of this supposedly unacceptable assault on Canadian sovereignty did you actually find reasonable? Suddenly the man who just spent twenty minutes talking develops an acute shortage of proper nouns.

August 23, 2026

Trade deal? What trade deal? Best we can do is more tariffs

Filed under: Cancon, Economics, Government, Media, Politics, USA — Tags: , , , , , — Nicholas @ 03:00

My sense has always been that the Carney government didn’t really want to get a deal done with Trump, because it was far more politically useful to keep the eLbOzOs all angry and posturing than to negotiate in good faith. Canada’s premiers, taken as a group, have been a never-ending stream of clown car antics, political gamesmanship, and schoolyard baiting. Yes, Trump is infuriating, inconsistent, obnoxious, and even more performative than Justin Trudeau but he’s the current American president and we needed to send sensible politicians and diplomats to work with him.

The presstitutes in the Canadian relic media have been eagerly fanning the flames of Trump Derangement Syndrome across the country, so when the latest episode of The Line podcast popped up yesterday, I had to provide a helpful edit to their episode title:

They’re going to do everything they can to deflect blame from their beloved paymaster, Dear Leader, and point accusingly at Pierre Emmanuel Goldstein and his band of anti-Canadian wreckers and looters in the Conservative party.

On the social media site formerly known as Twitter, @jaycurrie discussed this when the news broke of the breakdown in talks:

The last minute collapse of trade negotiations between Canada and the US demonstrates a fecklessness on the Canadian side which is astonishing. The walking resume — in the very good suits — could not get’er done.

Apparently those damn Yankees had unacceptable last minute changes. No shit. You are dealing with serious negotiators who will squeeze hard. It is said of Trump that he regarded signed contracts as the beginning of the negotiation.

Brutal, unscrupulous, nasty. Orange man very, very, bad. But you play the hand you’re dealt. Had Canada sent serious negotiators a year ago rather than posturing and dumbly sticking the official elbows in the air, we’d have a deal.

Or, had we had negotiators who did not take Dudley Doright as a model, we would have signed a “bad deal” and gone right back to the table to get a better deal. I’d love to know what the show stopper American last minute “demands” were.

Trade is a constant series of negotiations. A deal in place would have avoided the BS 50% tariffs and set the stage for the next deal. This collapse just puts us in a deep hole smarter people will have to climb out of.

“That’s my final offer” is a tactic. Is it an offer you like? No. Is it an offer you can live with? Probably. Again, the devil is in the details. But unless the offer required Canada to cede territory (which Eby is already more than willing to do) it was workable.

“A bad deal is worse than no deal at all” when there are 50% tariffs looming as a consequence of “no deal” is a very dumb position to take. Brace for “defense of Canadian Sovereignty” in a matter of minutes.

These trade talks have been bungled from the beginning simply because a combination of the political advantages of TDS and an inflated view of Canada’s relative bargaining strength created a reality free bubble.

The sheer arrogance and vile political opportunism of the Carney Liberals has been on full display for a year. Trump and his people called BS. Carney was euchred. Canada is, frankly, boned.

Maxime Bernier:

New 50-per-cent levies will hit around $28-billion worth of Canadian goods, which is roughly 5 per cent of Canada’s exports to the United States.

Carney has said it will respond with retaliatory tariffs on $28-billion worth of U.S. products.

Escalation is a very bad idea! Tariff retaliation has just triggered an escalatory trade war we cannot win. The U.S. economy is 10 times larger than ours.

A study released last week by the Canadian American Business Council concluded that the end of USMCA would have a surprisingly small impact on the Canadian economy.

It estimates that, even with high and long-lasting tariffs, Canada’s economy would only be about 1.6 per cent smaller in 2035 than if the USMCA were renewed and respected, and tariffs fell to near zero.

We are further damaging our economy with these “dollar-for-dollar” counter-tariffs.

Retaliatory tariffs are NOT a weapon. They are a tax on Canadians.

Who do you think absorbs that cost?
Canadian consumers, businesses, and workers.

Let’s be brutally honest: the Canadian government is worsening the situation. Canadian families will pay the price at the checkout counter.

The National Roast gets it:

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