Trudeau, The Liberal Party, Tariffs and Trump – What the Future Holds for Canada-US Relations?
Episode 61 is a deep dive into Canadian politics. Frank starts by handicapping the Liberal leadership race to elect Canada's next Prime Minister, a leader whose first order of business will be filling the leadership vacuum in Ottawa as Canada fights back against tariff threats from President Trump. He reminds Canada's provincial leaders of the importance of putting aside regional differences in favor of a Team Canada approach. Frank takes listeners back to Economics 101 where he discusses the theory of comparative advantage, while suggesting that businesses on both sides of the border are holding back investment while the period of tariff uncertainty continues. He addresses the trolling by President Trump of Canada and makes a passionate plea to Americans to understand that while we are friends, we want to remain Canadian. The conversation then moves to global affairs where we discuss the Israel-Hamas peace agreement, the likely end of the Ukraine War and other potential hot spots for geopolitics, including one that is surprisingly close to home. This podcast was recorded on January 20, 2025. Chapter Headings 00:50 - The Race to be Canada's Prime Minister 06:24 - Trump Tariff Decision on Hold 10:20 - Leadership Vacuum in Ottawa 11:50 - Economics 101 – Tariffs and Comparative Advantage 14:45 - Canada's Response to the Wildfires in LA 18:12 - Governor Trudeau and Manifest Destiny 23:06 - Justin Trudeau's Legacy and Biggest Regret 26:50 - Identity Politics 30:40 - Predicting the Election Outcome 32:35 - Does the Israel-Hamas Peace Agreement Have Legs? 36:30 - The Trump Oligarchy 37:40 - Zelensky's Dealmaking with Trump 39:42 - Other Potential Geopolitical Hot Spots in 2025
Geopolitics with Frank McKenna · Peter Haynes, Frank McKenna
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Show Notes
Episode 61 is a deep dive into Canadian politics. Frank starts by handicapping the Liberal leadership race to elect Canada's next Prime Minister, a leader whose first order of business will be filling the leadership vacuum in Ottawa as Canada fights back against tariff threats from President Trump. He reminds Canada's provincial leaders of the importance of putting aside regional differences in favor of a Team Canada approach. Frank takes listeners back to Economics 101 where he discusses the theory of comparative advantage, while suggesting that businesses on both sides of the border are holding back investment while the period of tariff uncertainty continues. He addresses the trolling by President Trump of Canada and makes a passionate plea to Americans to understand that while we are friends, we want to remain Canadian. The conversation then moves to global affairs where we discuss the Israel-Hamas peace agreement, the likely end of the Ukraine War and other potential hot spots for geopolitics, including one that is surprisingly close to home.
This podcast was recorded on January 20, 2025.
Chapter Headings
00:50 - The Race to be Canada's Prime Minister
06:24 - Trump Tariff Decision on Hold
10:20 - Leadership Vacuum in Ottawa
11:50 - Economics 101 – Tariffs and Comparative Advantage
14:45 - Canada's Response to the Wildfires in LA
18:12 - Governor Trudeau and Manifest Destiny
23:06 - Justin Trudeau's Legacy and Biggest Regret
26:50 - Identity Politics
30:40 - Predicting the Election Outcome
32:35 - Does the Israel-Hamas Peace Agreement Have Legs?
36:30 - The Trump Oligarchy
37:40 - Zelensky's Dealmaking with Trump
39:42 - Other Potential Geopolitical Hot Spots in 2025
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