Canada’s deal for Chinese EVs threatens trade with U.S., automakers warn

Canada’s deal for Chinese EVs threatens trade with U.S., automakers warn

OTTAWA — Canadian auto industry leaders panned Industry Minister Melanie Joly’s claim Monday that Chinese carmakers are interested in forming joint ventures to make electric vehicles with Canadian labour, parts and standards, and said Ottawa’s China push threatens Canada’s chances at getting a deal at the trade table with the United States.

As the July 1 deadline for renewal of the deal looms, and Ottawa is in the midst of a delicate dance with the Trump administration over how closely it is aligning with China, a trip in the past week by Joly to China accompanied by several mining, investment and business executives, but no Canadian carmakers, was seen as cause for concern.


Carney has to know what Joly is up to.

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CSIS increases operation to combat Iranian state-directed activity, warns of continued threats

CSIS increases operation to combat Iranian state-directed activity, warns of continued threats

Canada’s spy agency, CSIS, says it has stepped up operations to combat possible Iranian state-directed activity here, warning that threats from Tehran’s theocratic regime are expected to continue this year.

The Canadian Security Intelligence Service declined to provide details of its operations Monday. It said it was increasing activities focused on violent extremism in Canada.

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Mark Carney’s flattery of Donald Trump is a game that needs changing

Mark Carney’s flattery of Donald Trump is a game that needs changing

Donald Trump must enjoy what has now become diplomatic protocol for dealing with him on the world stage — namely, flattery and deference.

Mark Carney caught on to it early, calling Trump a “transformational president” during his first White House sit-down with him more than a year ago.

Others practise it too, from King Charles hosting a state visit for Trump to France’s Emmanuel Macron treating him to a state dinner at the Palace of Versailles after the G7 meetings wrapped up in that country last week.

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Canada’s historic submarine procurement incites fierce industrial benefits competition

Canada’s historic submarine procurement incites fierce industrial benefits competition

Canada’s purchase of 12 new submarines will be one of the biggest defence procurements in the country’s history, inciting a fierce competition between bidders. In a brazen attempt to woo the federal government, the two finalists have each promised tens of billions of dollars in economic benefits.

It’s a decision with extensive implications for Canadian industry, government, the Royal Canadian Navy and the country’s strategic alliances. Each of the two bidders, Germany’s ThyssenKrupp Marine Systems and South Korea’s Hanwha Ocean, have a comparable diesel-electric submarine on offer, and their unique capabilities will play a large role in Ottawa’s decision.

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John Ivison: Cannabis producers give up trying to get Ottawa to stop smothering their business

John Ivison: Cannabis producers give up trying to get Ottawa to stop smothering their business

The Cannabis Council of Canada has announced it is suspending its advocacy operation, apparently because its member companies have given up hope that the federal government is prepared to listen to them.

In a letter to Finance Minister François Philippe Champagne that foreshadowed this week’s announcement, outgoing council president Paul McCarthy said the country’s licensed cannabis producers have lost confidence that the government is committed to getting its tax and regulatory policies right.

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‘Moral Hazard on Steroids’: The Investor Who Called the Big Short Says Carney’s Condo Bailout Is Worse Than 2008 Subprime Fiasco

‘Moral Hazard on Steroids’: The Investor Who Called the Big Short Says Carney’s Condo Bailout Is Worse Than 2008 Subprime Fiasco

VANCOUVER — Marc Cohodes built his name and his fortune betting against frauds, from small public companies to the American subprime-mortgage machine that collapsed in 2008. This week, he returned to The Bureau with a blunt verdict on Prime Minister Mark Carney’s plan to spend up to $3.2 billion absorbing Vancouver’s unsold condominiums: he has seen this movie before, and this version is worse.

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Canada tells Chinese automakers to ‘build where you sell’ when it comes to electric vehicles

Canada tells Chinese automakers to ‘build where you sell’ when it comes to electric vehicles

TOKYO, Japan – Industry Minister Melanie Joly said she has made it clear to four Chinese electric vehicle makers that getting more access to the Canadian market will require them to “build where you sell.”

But as she courts Chinese EV manufacturers to build another lifeline for the domestic auto industry as it buckles under the uncertainty of the CUSMA review, Japanese auto manufacturers are voicing concerns about the federal government’s embrace of their biggest regional competitor.


Canada will die but at least Joly can work the pole as a fallback.

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If Canada Auto can’t survive, let it fade away. Courting China is not the solution

If Canada Auto can’t survive, let it fade away. Courting China is not the solution

Prime Minister Mark Carney was caught on a hot mic speaking with U.S. President Donald Trump on June 16 justifying Chinese EV imports. “Less than 3 per cent of our market, 49,000 cars,” Mr. Carney said on the sidelines of the G7 meeting in France. “It’s a cap, we capped, a hard line … I thought you’d actually like that.”

Mr. Trump does like it, Mr. Carney told reporters later.

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Carney caught on hot mic saying MPs are just ‘useful for votes’

Carney caught on hot mic saying MPs are just ‘useful for votes’

CALGARY — Prime Minister Mark Carney has once again been caught on a live microphone, this time appearing to tell the Croatian prime minister that his MPs are just “useful for votes.”

The comments were overheard by a media camera pool in Ottawa on Monday when Carney welcomed Croatian leader Andrej Plenković during his first-ever visit to Canada.

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“Developers Don’t Want to Sell at a Loss”: PM Carney on Vancouver Condo Bailout

“Developers Don’t Want to Sell at a Loss”: PM Carney on Vancouver Condo Bailout

VANCOUVER — When Mark Carney and David Eby and Gregor Robertson stood together in South Vancouver’s River District this month, a short drive from the Richmond casino that gave the world the phrase “Vancouver Model,” they did so flanked by condo towers where empty two-bedroom units are marketed at close to $1.1 million.

It was a fitting backdrop.

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Trump administration growing impatient with Canada’s delayed F-35 choice

Trump administration growing impatient with Canada’s delayed F-35 choice

WASHINGTON, D.C. — Washington is signalling growing impatience with Ottawa’s delays on its F-35 purchase and broader defence reset.

U.S. defence officials applauded Canada’s 2022 selection of Lockheed Martin’s stealth fighter, and the plan to buy 88 of the U.S.-made jets, but political debate and shifting priorities have left only 30 under contract so far.

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Inflation jumps to 3.2% in May thanks to higher gas prices: StatCan

Inflation jumps to 3.2% in May thanks to higher gas prices: StatCan

A third straight month of rising gas prices from the war in Iran pushed the annual rate of inflation above three per cent for the first time since 2023, Statistics Canada said Monday.

The annual rate of inflation jumped to 3.2 per cent in May, up from 2.8 per cent in April and topping most economists’ expectations.

Gas prices up? Blame Trump.

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Anand won’t say if Chinese EVs will be banned under Canada’s forced labour law

Anand won’t say if Chinese EVs will be banned under Canada’s forced labour law

Foreign Affairs Minister Anita Anand refused to say whether Chinese-made electric vehicles could be banned under new federal legislation targeting products linked to forced labour, despite evidence that some Chinese auto supply chains rely on materials connected to Uyghur labour camps.

(Incognito)

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Federal nuclear strategy aims to have 10 new large-scale reactors built in Canada

Federal nuclear strategy aims to have 10 new large-scale reactors built in Canada

The federal government wants to dramatically scale up the use of nuclear power and the export of Canadian-owned reactor technology through a new strategy that sets a goal of increasing by more than 50 per cent the number of large-scale reactors in Canada.

In a policy document to be released on Monday by Energy Minister Tim Hodgson, and obtained by The Globe and Mail, the government positions nuclear power as a triple threat for Canada’s economy, energy transition and sovereignty.


10 nuclear reactors? In Canada? BS.

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