The Canadian dollar is starting to feel the effects of long-term uncertainty. It will get worse.
...”Since the start of June, the currency has weakened 2.9%, which would be its steepest monthly decline since October 2024, as Canadian bond yields fell further below U.S. yields.”… {source}
Now, this is where you really need to pay attention to details. Remember, the U.K and EU have a vested interest in protecting Canada from economic collapse.
President Trump doesn’t want immediate collapse either -because Xi will move in fast- but Trump is not going to provide the same financial and economic lifelines that the other four-eyes will trigger.
Reuters is reporting that tomorrow the U.S. will formally declare a “non-extension” of the USMCA trade agreement {ARTICLE} and that triggers a 10-year period to decoupling. It is very important to understand there is a difference between announcing a “non-extension” and announcing a “withdrawal“. The Canadians are completely confused about what is about to happen.
In a non-extension announcement, the USA is saying they do not want to extend or renew the terms of the agreement beyond the current trade agreement terms. Yes, this is a 10-year exit. However, that’s not the part that matters. Announcing a decision to exit the USMCA (CUSMA), a full withdrawal from the trilateral deal, triggers a six-month countdown to exit.
The deadline to announce the decision to extend is tomorrow, July 1st. There is no deadline on the timeline to announce an exit or withdrawal from the USMCA. That announcement can happen at any time.
Put simply, announcing a non-renewal is a 10-year exit. Announcing a withdrawal is a 6-month exit. The announcement to withdraw can come at any time after the statement of non-renewal.
You can see the confusion in this article:
WASHINGTON, June 30 (Reuters) – U.S. President Donald Trump’s administration is expected to formally declare on Wednesday that it will not extend the U.S.-Mexico-Canada Agreement on trade, starting a decade-long clock to wind down the 32-year-old North American free trade zone as the three countries haggle over proposed changes.
That declaration will kick off a six-year review session, part of a “sunset clause” negotiated by President Donald Trump’s first administration. However, it will do little to alter contentious negotiations over the pact’s future, including sweeping demands to boost U.S. and regional content in North American automotive production and trade protections to block Chinese goods from benefiting from USMCA. (read more)
The most likely scenario is Trump/Greer first say the USA is not renewing (not extending). Then, at a later date determined by them (in my opinion it will be after the U.S-Mexico agreement is finished), Trump and Greer will then announce the withdrawal, which will trigger the 6-month countdown to exit.
There is no rush to announce the withdrawal; the only immediate action is to announce a USMCA renewal is not happening.
What this scenario does is put maximum pressure on Canada. As soon as President Trump says the USA will not extend the agreement, all investment into Canada becomes extremely tenuous. The Canadian dollar will weaken further; a slow contraction will begin. However, Canada will still be oblivious to what comes next because their media will tell them they have a decade to work things out. They don’t.
At a time determined by President Trump and USTR Jamieson Greer, they will announce a decision to exit the USMCA which then triggers a 6-month phase before the agreement is terminated.
This is where Canada will be caught off guard and the economic collapse will likely be rapid and catastrophic.
Canada will only just begin to think about the “exit” scenario, once the non-renewal announcement is made. It will take them a while to realize how vulnerable they are – they are currently in full denial mode.
During this period, President Trump carries massive leverage against Canada. He will likely probe their trade position and willingness to comply with reciprocity after the non-renewal announcement. The outcome of those probes will determine the timeline of his exit announcement.
During this non-renewal phase, we may even see President Trump tease the exit, then retract, then tease the exit again. Each time Trump tests the Canadian government with statements, the Canadian economy will pulsate and weaken; it will drive the Canadian government to either extreme anger, or defeated compliance.
Timing the completion of the U.S-Mexico deal within the probes of Canada will be super interesting. At some point as the U.S. closes in on the deal with Mexico, Canada is going to realize they are naked without any agreement.
The worst-case scenario for Canada is President Trump announcing the USMCA exit on the same day he announces a completed bilateral deal with Mexico.
It would be the worst-case scenario for Mark Carney because the ignored voices of those few people in Canada who have been trying to warn about this would suddenly get a lot of attention.
The Canadian dollar is Collapsing…
At last, some good news…
I don’t understand this hostility towards Canada. As far as I can tell Canadians don’t…
A: Flood the US with 40 million 3rd World Immigrants.
B: Smuggle Cocaine into the US.
C: Smuggle Heroin into the US.
D: Smuggle the bulk of Fentanyl into the US.
E: Have millions of Canadians on US welfare.
F: Have thousands of Canadians in US prison.
G: See Canadians carjacking, raping and murdering Americans on a daily basis.
H: See Canadian truckers killing Americans on the highway.
I do see all of the above with Mexicans and 3rd World immigrants transiting Mexico into the United States. 🤔
You’ve been commenting and following here for awhile. You know what Carney is trying to do, with CCP and to his own economy. Don’t muddy the water with alt logic.
I understand that Canada is far from MAGA perfect and they are freeloaders on defense but on a scale of 1 – 10 of our real problems it’s a 2.5.
They are Communists, and anti-religious fanatics who are putting their own citizens to death under the guise of MAID.
We shall never forget COVID and Canada’s authoritarian crackdown.
Far from MAGA perfect is not the problem with the leaders of this nation.
Who are you kidding?
Give the MAiD “healthcare” program its due. Unlike a six month wait for a diagnostic, or other therapeutic care, they have same day service.
Canada itself may be a low issue, but the North American free trade (NAFTA and its successor) are huge economic (and security) issues. That is what President Trump is correcting. I have zero hostility towards Canada, and will be very sad at the economic hardships incoming, but this must be done and is best done as soon as may be.
For me it’s at least a 7.5 and I look forward to the demise of the snow Mexicans
Nope. Not even close.
How odd that someone who offends says something like, “Well, I didn’t offend you that much.”
Now that you have read the article, just hold on to that sentiment as we close our doors to you.
Sunriver Communist is a super troll. He’s smart enough to make enough fake posts in support of MAGA to fool people, but if you read closely, it’s obvious his real loyalties lie with the communists.
Most folks on this site have recognized this except for the suspect 18 who upvoted him.
Go figure.
Make that 20 now.
Actually, it’s 22 now. I guess common sense is contagious!
They are probably laughing at you but couldn’t find that option
Just 22 who haven’t figured you are a troll yet.
You like ticks?
The EU, Canada, Mexico and China are like ticks on a Texas longhorn sucking it dry.
You really don’t get America First do you?
We have a population of 400 million versus Canada’s 40 million yet Canada buys as much “products and services” from us as we buy from them each year according to Greer’s Office of Trade. That means that every Canadian buys and consumes ten times more “things” from Americans then we do from them. How does that make Canadians “ticks”.
Ask yourself how many lumber mills still operate on American soil? How many other industries the one way benefit NAFTA destroyed in this country? Canada and Mexico have both profited hugely off of our dismantling.
and yearly the us canada trade imbalance that prez trump stopped, was gifting each canadian $5k/year from the usa taxpayer. no not gonna continue.
He was referring to you, not Canada 😆
It’s not about the Canadian people. It’s about their feckless government, which the people voted into office. But it’s about getting the GOVERNMENT there to treat us fairly on TRADE, DEFENSE, and BORDER ISSUES. There are drugs crossing the northern border even if it’s a fraction of what comes through Mexico.
It’s not about directly “punishing” the Canadian citizens. Their gripe should be with THEIR government, not us. But like most Liberals they will say “Orange Man Bad!”.
Personally I don’t believe in any voting systems integrity anymore. Otherwise carry on!
Too true.
I believe that they have the machines, so do not vote their own government in.
Do they use the Domination system like so many US states now use?
Think California or Colorado.
We President Trump supporting Canadians ( and there are millions of us) are politically powerless.
Tens of thousands of decent hardworking Canadians have already left. The majority to the U.S.A.
We have withdrawn our consent to be governed..and are doing okay.
Cheers!
Good for you and your @Dekester! Not sure if any of my relations in Canada (Hamilton) are even alive. So glad you are doing well and pray that you prosper.
Dekester
Occasionally, I will see a Renault on I-35, driving towards Texas (through Oklahoma).
God bless you!
Hopefully they drive them in right lane or the access roads seen in Texas. Top speed on those things is what, 45 mph (with a tailwind)?
There are an avalanche of posts on US election fraud. I do not see any on Canadian election fraud. The problem is just like the UK and EU, Canadians are voting for this Communism.
“The problem is just like the UK and EU, Canadians are voting for this Communism.”
Some are .
Some aren’t, but the machine fixes their vote.
The same games are played –all over the world, whenever the same machines are used.
Canada is not playing fair with trade, military investment, the border, drugs, illegal aliens, and the media. Canada wants to act superior and disparage President Trump and the USA. The leftist politics in Canada and trying to influence politics in the USA. Canada can go pound sand.
On item D: I think that Canada is now a larger source of Fentanyl into the US than Mexico since President Trump has taken kinetic and other action against Fentanyl coming from Mexico.
We have Mexican cartels working with CCP, Indian, First nations and now some Islamic terrorist groups here, mainly in BC and ON so far, to convert huge quantities of precursors from China into Fentanyl that goes to the US via Vancouver to Port of LA, and by truck. The RCMP and many politicians here at all levels are owned by the CCP.
This is a huge part of the WEF/CCP’s campaign to destroy the threat that President Trump’s America represents to their New World Order plan. I expect that kinetic activity will be required by the US in Canada, as it was in Mexico, to address this quite soon.
Spend some time reading Sam Cooper’s articles here to get the gist:
https://www.thebureau.news/
Reading sam coopers book wilful blindness was eye opening to me, i had no idea. Him talking about the vancouver model made me wonder what states that is happening in in the usa. Optimum publishing puts out some good books on canada issues that i wasnt aware of. His substack reminds me of jack cashills but from a canadian viewpoint
Hey Sunriver chinadian patriot – your pals the Chinadians refuse fair trade re. Energy, commodities, banking… Oh, and give sanctuary to hundreds of mullahs, and thousands of CCP soldiers – get stuffed.
Cruel but fair. 😉
Add the entertainment/tech sector to your list. As well we rely on America to refine huge percentages of our heavy crude and ship fuels back to us because we have nowhere near enough refineries here.
President Trump and the formidable Mr. Bessent have been working to secure deals elsewhere on the few things Canada has that America needs. Heavy crude from Venezuela, rare earths from Africa etc.
Canada has zero leverage at this point and presents a significant threat to America due to our occupation by the CCP.
Yet our arrogant and condescending Liberal elite plus wealthy boomers can’t see past their TDS and believe that Carnage can deliver alternative solutions to trading with the US.
Mind-boggling.
Yep, we are ruled by sociopaths.
Eby in British Columbia, Carney, Trudeau before him.
Ford in Ontario.
I am grateful we grew up rough..and have prepped.
What coming will be ugly.
Cheers!
💯 🎯
Happy Canada Day Deke! I sincerely hope it will be for you and yours despite everything.
No city fireworks display in the park for me this year as the city has banned it for “safety reasons” for the first time. 🤮 😡
How ironic that this is the day when Mark Carnage, the ultimate WEF-puppet CCP-lackey Fabian-disciple psycho-lizard child-mutilation-enabling Epstein-connected Satanist will blow through the USMCA deadline, enabling President Trump to end it for good in 6 months.
NB: I left out the c-word for politeness in current company, we’re not in Granite City after all. 😉
Our trade with Canada is virtually even….
Canada Trade Summary – USTR
U.S. goods and services trade with Canada totaled an estimated $909.1 billion in 2024, down .5 percent ($4.8 billion) from 2023.
U.S. goods trade (exports plus imports) with Canada totaled an estimated $719.5 billion in 2025. U.S. goods exports to Canada in 2025 were $336.5 billion, down 3.8 percent ($13.4 billion) from 2024. U.S. goods imports from Canada totaled $383.0 billion in 2025, down 7.0 percent ($28.9 billion) from 2024. The U.S. goods trade deficit with Canada was $46.4 billion in 2025, a 25.1 percent decrease ($15.5 billion) over 2024.
U.S. total services trade (exports plus imports) with Canada totaled an estimated $147.3 billion in 2024. U.S. services exports to Canada in 2024 were $90.3 billion, up 4.5 percent ($3.9 billion) from 2023. U.S. services imports from Canada in 2024 were $57.0 billion, up 3.6 percent ($2.0 billion) from 2023. The U.S. services trade surplus with Canada was $33.2 billion in 2024, a 6.1 percent increase ($1.9 billion) over 2023.
Except Canada’s population is about a tenth of the US’s.
Yawn.. 💤😴
Buy 2 Stuffed Canadian Egglorr on Tuesday, get flee flied lice!
I live 6 miles from the Manitoba border. Canadians are smug, virtue-signalling socialists. Winnipeg MB is a crime-ridden mess. There are nice, decent Canadians (many live and work here in town), but for the most part they’re obnoxious, government-worshipping , First Nations-enabling asses. Remember back to what they were like during covid if you can…
I live 3 miles from the BC border and I agree.
Not all but the majority of Canadians are snooty and extremely arrogant and condescending towards Americans.
I hope there loonies and toonies goes into the toilet.
Stay in Canada.
We don’t need you in the US.
Oh my! So you, too, must live on stolen land. Please, when you post, the previous owners of your property. Every one of them.
As a Canadian I not only understand the hostility towards Canada – I share it.
Our government, like many in the West, is intentionally flooding Canada with 3rd world immigrants to break down its culture and with it, social cohesion.
We are also a country that shares a vast, largely unprotected border with the US and this vulnerability has been exploited by bad actors (like the CCP) to the detriment of the US.
Let’s also not absolve the vast number of “elbows up” Canadians who somehow feel that the US “owes” them their life style. It’s these retards who enthusiastically voted in Carney, a career bureaucrat who, like all his ilk, is a parasite who’s never built anything in his life…But holds considerable value to his Globalist masters who parachuted him into Canada to be the “muscle” to take on President Trump.
Right.
In summary: No one has worked harder to experience the meaning of FAFO than the entitled fools in this country and its overlords.
Unfortunately, their idiocy impacts the rest of us, as well.
Makes you wonder how much influence/responsibility is coming from the hippie/draft dodging crew that headed your way some years ago? (I think they hated America too)
Sunriver Tard is sure he knows more about Canada then the people that live there
Those who tell portions of the truth in order to decieve are craftsmen of destruction. As SD mentions in the article, Canada deceives it’s people about what is going on. The anger towards Canada is towards the leadership their that, via deception, puts it’s people, and it’s neighbors in needlessly difficult positions.
Canadian Leadership, via their half truths and endeavors to undermine foundations of our liberties, has been severly antagonstic towards the people of the US.
I can’t remember who said it, but it may have been on Promethean (YouTube): Something along the lines of – The US builds and creates, Canada (and the EU) connive. One leads to peace, one leads to War.
I’m gonna give it another try. Stephen, if you remove the quotation marks from your username, you’ll no longer get held up in moderation. I promise!
Canada for too long stuck up its nose at the US failure to destroy their industrial base to fend off climate change. And bragged their universal health care model was the envy of the world. They did this to themselves, but they need not need to preen about it and reject all warning they would run out of OPM.
Hubris is the cause of any current disdain for Canada. Nice people, nice country but their preening politics really suck.
I’ve tried to make the point before vis-a-vis Ukraine, about conflating the actions of a government with the majority of its people. Frankly, if all Americans were held to account for the four stolen years of the Biden regime, we’d be, justifiably, a global pariah. In these days of non-representative government (remember, Carney was not put in office by the Canadian people), it would be judicial on our part to temper our condemnation of the governments and not let it spill over into broadsides against the nation as a whole.
Engaging in Schadenfreude about the hardships an unrepresentative, globalist government is visiting on its people is a bad look.
J
To quote from the movie Forest Gump.
What are you stupid or something?
The Leaders of Canada are Communists just like our Democratic Party.
Don’t you remember Covid in Canada?
Hostility you say. Like boycotting USA made goods? Most Canadians are promoting it. I know. Let’s make Boo noises at the American National Anthem.
Sunriver Patriot,
“I don’t understand this hostility toward Canada. As far as I can tell Canadians don’t…”
Really?
You don’t understand that Canada has been used (along with other countries) to gut out our domestic production and leave our auto industry (and their suppliers) unemployed?
You simply have not heard that China uses Canada as a low-tariff entrance to the US?
You are completely unaware that China ships the chemical precursors for various deadly drugs into Canada (just like they ship them into Mexico) and the Canadians cook it all up, process it into a usable form, and distribute it into the US, where we have plenty of addicts laying in doorways and streets?
Seriously? You don’t know, are unaware, and are this uninformed? Odd.
Item D is not exactly true. The truth is we don’t know how much fentanyl comes into the USA from Canada.
The RCMP said over a year ago that there are over 4000 individual organized crime groups in Canada involved in the production and distribution of fentanyl.
Over 4000 groups each with their own individual leadership and membership.
Our official estimates of Mexican sourced fentanyl are based on fentanyl quantities caught at the border.
We don’t know how much Canada sends here because we don’t watch our northern border nearly as close as we watch our southern border.
https://youtube.com/shorts/Ne4yBE6JC4Y?si=x33rM-xtxb4AkhzN
I lived in Canada from 1971 thru 1977. The Cdn dollar was worth about $1.04 US
At that time, about half the grad students in my department were Americans. Today, about 70% are Chinese.
Why do you say that?
Well friend, it depends on one’s perspective.
I receive two pensions denominated in Canadian dollars, and at age 71 work full-time at Home Depot to provide for my young family.
We escaped Quebec 5 years ago as the writing was on the wall.
Happy to be here.
I encourage you to be thoughtful and gracious when dealing with others, and point out that the life you enjoy comes from the Father, it ain’t yours.
G’day eh, et bonjour
Greeks long warned against hubris. Canada needs to brush up on the classics. And have a heart to heart talk with its self. We don’t want to lose you as a good neighbor. But you are not even good to yourselves now.
This has been their plan, they want to move into a digital currency and they will soon.
There are many people in Canada happy about all this.
I’m a Crypto-Currency trader, and President Trump says that Dogecoin (which you can currently Buy @ .13 cents) is going to make Millionaires, out of the people who buy in when it’s cheap. I thought it was a steal @ .27 cents, but its about 1/2 price right now.
I’m NOT saying to BUY anything, BUT IF it goes to $2.00 or more, then the people who SELL, will be Millioniares!
Don’t worry, Canada has plenty of green energy and 3rd world killers to get them through this.
Also revenue from their Fentanyl labs which are pouring massive amounts of that poison into the US
However, the next admin will just renew, especially if he’s successfully impeached
Read the article. A full exit is a 6-month process. Then, there is no agreement to renew, it’s over! Kaput.
I find it difficult to believe the Canadian decision-makers do not realize what is about to happen. These are ‘smart’ people. Surely, surely, they know… but simply don’t care.
On the other hand…
the Canadian decision-makers are living in a fake reality where they believe they cannot lose. Their responses go beyond simple arrogance; it is a Delusional Culture of Invincible Superiority—the Blind Arrogance of a Self-Deceived Empire fueled by Grandiose Narcissism, Organizational Hubris, Leadership Blindness, and Collective Narcissism.
It represents a level of dysfunction historically unseen.
That is Liberal Elitism for you. The same people running the EU.
Trudeau knew. And bailed out to spend time domiciled in the US with Katy Perry. Who is panning to run a children’s camp in Santa Barbara.
Look on the bright side Canada may actually reach zero carbon emissions!/s 🤣
🤣 💯 Not totally sure though.
My imported abacus is still off-gassing like a bastard from all the solvent-based paint.
For a second there, I thought you were talking about the French leadership. You’ll excuse me if I got the congregants in the room mixed up, given the frequency of Carney’s trips to the EU. (or was that Trudeau? It’s hard to keep straight with all the band members playing the same kazoo into each other’s orifices.)
2 corinthians 4:4.
New International Version
The god of this age has blinded the minds of unbelievers, so that they cannot see the light of the gospel that displays the glory of Christ, who is the image of God.
They can impeach him just like last time, but that doesn’t mean he’s out of office. It would take strong Democrat majorities in BOTH Houses. RINO’s could join in of course, but that would be the end of their careers and possible what triggers a revolution.
Let’s be serious, the only revolution in the US will be a communist one.
OUCH! I regret to say I think you’re right of course, but OUCH!
…and the only shot fired in defense was by Kyle Rittenhouse.
Silly. communism fell apart in three generation in Russia. It is not threat to the US. SEIU and the teachers unions remain the biggest threat in the US. Stay focused.
You must live in a big city still.
Once you move away and the stinch and rot no longer affect your thinking you realize America IS worth fighting for and in the country, at least, almost everyone is like-minded.
Conservatives tend to be tolerant and slow to anger. It’s the Libtards who dominate road rage incidents and resort to violence first (BLM, Antifa, etc).
But once threatened, the quiet hardworking patriot will fight back.
I’m absolutely sure of this. And there are plenty of aging Americans like me who would gladly give their lives in a battle that saves the America we grew up in. We’ve got much less to lose versus a younger man with kids, a wife, a mortgage, or a new business.
You can sit it out. I’m not going to.
And you’ll be right there with them, I’m sure. You’re in for a surprise, communist.
Let’s make a deal. Canada takes the 50M illegals in the US, the Haitians, the Somali’s, the Afghani’s, and 120M crazy democrats but we reserve the right to withdraw later.
Canada is taking in the Haitians anyway.
And communists like you fully approve.
🤣
…..and Mininoplace……
They will immediately believe they can outwait President Trump’s term.
RINO’s and democrats in Congress will tell them to just outwait President Trump’s term.
Sundance makes perfect sense….it ain’t gonna go that way.
Dems will find judges who will block the withdrawal.
On what grounds?
On what grounds? A Roberts/Barrett court 🤪
Only partially sarcastic.
The basis for Supreme Court (SCOTUS) decisions is the U.S. Constitution.
How is exiting the USMCA unconstitutional?
“It is worth remembering, the recent Supreme Court decision that overturned the IEEPA tariffs also reinforced the unilateral power of the U.S. President to regulate any/all trade with any foreign country including a full block of trade if designated.
Canada is positioned to be the first nation to discover the expressed power of the U.S. President as affirmed by the United States Supreme Court.”
~SD
Don’t bother. john70 is either a troll or one of Sunriver Patriot’s sock puppets.
😉
So what?
TERMINATE FIVE GUYS EYES IMMEDIATELY! 🙂
A weak Canadian dollar affects the border businesses. Less Canadians coming over to shop and/or they spend less.
They are constantly thumbing their quasi-French noses at us bragging about not coming over here. Tough tittie cupcakes
They may have to remain in Canada and use their “free” medical system thus freeing up space in the US system for Americans. They may no longer be able to afford paying out-of-pocket for American medical care.
They also may have to sell their second homes in the USA thus freeing up inventory for American citizens.
As the price of gasoline plummets under PDJT, the border Canadians will enjoy driving to the USA to buy cheap gas.
The gasoline will eventually have to be paid in Canadian dollars.
As for healthcare, neither system is all that great. Even a simple MRI takes months to schedule. Thanks 0bama.
I don’t know where the myth of the stellar Canadian Healthcare system came from. I have a friend in BC whose husband has been waiting for gallbladder surgery since early September.
There is no myth. The healthcare in Canada is a shambles.
At least it will put more money into the local economy up in Aroostook county, Maine.
Sundance, what is the recourse the uniparty congress, chamber of commerce, etc. has to fight this? Appeal to these institutions seems like Canada’s only play, but I’m confused as to what they can actually do to ruin Trump’s plans.
They could threaten to recall all their actors, comedians, and musicians!!!
Win. Win.
The Canadian dollar is hovering near $0.70 US dollar. It has not been below $0.70 since March of 2025. The Canadian dollar has also dropped against the British pound and the EU dollar. The market is talking. Let’s see if Canada and its fearless leaders are listening. But I agree that the team is going to hammer out a deal with Mexico first and then see how well Canada can dance to the piper’s tune. Are we tired of winning yet???
I suspect a number of bankers from Commonwealth countries as well as the Canadian bankers will beat a path to Carney and their politicians to explain the sword of financial ruin is about to cleave Canada into pieces. Perhaps that might make sense to the “leaders” up that way. Their survival is paramount; their citizens not so much.
I doubt they have the funds collectively to prop them up for very long if at all.. Canada is going to reap the whirlwind.
Carney was one of those bankers.
Net zero goals require Canada being destroyed. New Discourses did a podcast on it a while back: https://newdiscourses.com/2024/07/club-of-rome-and-degrowth-of-canada/
Making a deal with the CCP to import vehicles is a short-term issue, because the goal by 2040 is to have 96% fewer vehicles privately owned. By 2050, all energy will be renewables. Last remaining survivor of the euthanasia cult keeps what is left of the country, which has a lot of beauty and natural resources.
Amy Coney Barrett says yes.
Roberts concurring.
But, I am also curious … Is anyone up north saying: “Make CANADA Great Again?”
Because, the current status-quo is pretty damned dismal. Even though Canada used to be, and still certainly could be, a powerful and independent country!
When did they sell out to China, roll over, and play dead? When did they decide this was the very best they could do? It NEVER was!! “Fight! Fight! Fight!”
You’re not Mexico. And, you’re not pathetically dependent on the United States. Who ARE you? Who do YOU think you are? (Do you even remember? …)
Not that I hear anywhere in Southern Ontario.
99% of people here are almost exclusively engaged in proving to each other that their TDS is more advanced and esoteric than everybody else’s. 🤯 🤮 😡
But, I am also curious … Is anyone up north saying: “Make CANADA Great Again?”
Try Elizabeth Nickson, Welcome to Absurdistan. E.g.:
https://elizabethnickson.substack.com/p/not-civil-war-not-world-war-3-not
Will Canada hire Iranians as negotiating consultant advisor?
Could someone enlighten me?
Was there a 10 year de-coupling clause built into the agreement?
I just love reading Sundance’s recurring and updated USMCA Palace Intrigue!
C’est toujours intéressant.
Maquis?? That you?
Non, je ne suis pas le grand Maquis. Just an elder with old language studies that enjoy the topic at hand. 🙂
😊
That’s what I thought too.
I’d give Canada favorable terms in exchange for the Save Act passage as long as point of origin rules are provided to our benefit.
On what grounds. The SAVE America Act has nothing to do with Canada trade agreements and is too important to have any riders, concessions or diversions. Canada does not deserve any favorable terms. They, like the EU, have been taking advantage of the US for decades. It is time to level the playing field with them and let them pay the consequences for their version of the Build Back Better program that is devastating the EU. Give no quarter to the arrogant Canadians.
Gives new meaning to “elbows up”.
Just sayin’…
It will be so sad for the non city dwellers of Canada. They will be the only ones aware that their Manchurian candidate, Central Baker, dirtbag p.m. didnt tell them what was going to happen to their currency when he messed with a bull who has an economy 13X his.
New Brunswick has great natural resources (Irving Gas and Lumber empire), GORGEOUS coastline along the Bay of Fundy, Grand Manan Island and lobsters galore.
Carney can stick his middle finger where the sun don’t shine.
I love NB. The people. The coastline. Sense of freedom there – I often wonder when visiting if Ottawa is a bit more hands off NB because of the resources they bring to the economy.
Epstein Island Carney has dropped from 57% approval (strongest in Cdn history) to 41% currently. He avoids Ottawa like your mother-in- law. He closed Exit 51 and checks in with Xi daily. The fools would rather watch a bad soccer team. Maybe ignorance is bliss. The East Indians are drowning in bargains. In Regina they are building a Mosque that will live broadcast daily prayers. It is directly across the street from an Anglican church whose minister loves the idea. The folks want to know if Canada will win the soccer game.
So should we stock up on maple syrup now or wait for the price drop?
Someone must be making it in the US?
Or, use the standby WW2 alternative, Mapeleine
Vermont makes great Maple Syrup.
Yum! With Vegemite
Nah, we still have Vermont.
We can get plenty locally sourced between Maine, New Hampshire, Vermont and New York.
Chains like Walmart buy a lot of the Canadian maple syrup where it is cheaper, so they will likely press for an even lower price in their supply contract given the opportunity.
Not likely to see much of a difference when it shakes out on the retail grocery side though.
We have people making maple syrup here in Kentucky. Is it as good? Probably not, but beats Karo.
And to think it was local tribes that taught colonists back in the day how to tap the trees for it. Abenaki or other tribe in the northeast? I don’t recall all of the details.
I sure hope the Pres Trump & Secty Greer have consulted with the American Canadian Economy and Security (ACES) Caucus in Congress … 😉
Bye Canada, not sure we ever really knew you…..parasitic relationship that must end.
Grow up because we are already gone.
The Canadian leaders don’t even care. The worse things get, the more control they will exert over their citizens. You have to remember that leftists WANT an economic collapse. Everything they do is working toward that end.
I noticed the term “four-eyes” in the article. There was a kid in the 5th grade who called me “four-eyes” once.
Once!
/Joe Piscopo as Danny Vermin in “Johnny Dangerously”
LOL !!
I want a worse case scenario for Mark Carney. Thank you Mr. President for your attention in this matter.
Of course everyone knows the international border on the 49th Parallel should have gone up and over Vancouver Island not down and under, thereby putting British Columbia’s Capitol city (Victoria) in the USA where it belongs. Maybe this is a chance to correct the error. Just make all the Canadians move out first.
There may yet be an opportunity to make a deal to buy it from Canada.
A web search says the island is about 9,493,171 acres.
Just running with some $5,000USD/acre that would make that just shy of $50 billion for the land. Completely doable with US GDP being what it is.
Figuring the value of existing infrastructure would be a different discussion though.
54-40 or fight! (The true border!)
Canadone.
What would you expect from a rabid Socialist government currently in office in Canada? Socialisst bring about chaos in their social and economic policies and it is always for the worst.
Great work Sundance. Love your insights on this topic. No one is informing us on this issue, no one. Keep it coming!
I revel in Carney’s sad potato face.
I feel for the Canadian people, who have been subjected to this buffoon and his minions.
I believe this is the reason Carney is so confident in his obstinance, he thinks he has 10 years. Trump will be gone and the next administration will just renew and all the fuss will be gone. For being a high power central banker he does not seem too bright.
The central bankers have no choice. He’s tied to the tracks.
There will not be a Dudley Do-Right out there to save Carney from this.
They’re about to learn the meaning of “FAFO”!
When should we expect the bilateral U.S-Mexico deal to be completed? If that is the most likely trigger for withdrawal from the USMCA, it seems it would be best for that to happen very soon, as in perhaps sometimes this summer and no later.
Please trigger the 6-month exit.
Canada needs a reset from net-zero carbon taxes, carbon-credit green energy, and mass 3rd-world immigration.
Canada’s population sits at approximately 41.5 million. It was 34 million in 2010.
Nobody knows how many got away and have not been counted.
This growth has been heavily driven by massive expansions in temporary resident programs
Approximately 4.6 million Canadians work in the public sector, which accounts for about 21.8% of the total Canadian workforce.
Canada just announced that they will be recruiting foreigners to serve in the Canadian armed forces.
The Canadian military would not turn their guns on Canadians, but non-Canadians would.
Carey was born in Canada, but he is an EU elite and a WEF member.
Canada is just there to be looted.
The boomers, my generation, have to be slapped awake. Only a hard reset will do that.
Who could imagine a country like Canada with massive natural resources that the world needs deciding that the oil and minerals should be kept in the ground because solar panels and windmills from China can do it all.
That sort of insanity rivals Pol Pot’s in its attempt to remake society.
As Trump is wont to do, he will trigger it at the most opportune time.
Timing, not haste determines outcome.
That worked SO well for Imperial Rome.
This information may be the catalyst that ignites Alberta’s secession.
Quite a few other major currencies have been tanking relative to the dollar, too:
https://finviz.com/futures_charts?t=CURRENCIES&p=d
I wonder if the Chinese BYD EV car company will put the brakes on opening their factory this year in Canada. They have big plans for that.
Seems like a crashing Canadian dollar and economy will steel the resolve of any Albertans open to separation.
Can I still get Canada Dry?
It might be A LOT dryer than it ever has been before….
HA!! 😂
… “He will likely probe their trade position and willingness to comply with reciprocity after the non-renewal announcement.”…
Trudeau said Canada’s economy would collapse in on itself and Canada would cease to exist if it was forced to reciprocity and other US demands. (To which the President dropped the 51st state comment.)
For all the glee we are getting from Carney getting his due, do we really want a failed economy or worse a failed state on our northern border?
So what does a bilateral trade agreement with Canada ultimately look like?
Highly doubt we’ll be too disappointed.
Much better than the present agreement.
Magnitudes better than no agreement… to be sure.
Canada can fix itself with capitalist policies. If a drowning man does not want to be saved, it is near impossible to save them.
It’s not that we want a failed Canadian economy, we just don’t want to continue to carry incurred debt of an imbalanced trade agrmt. We don’t want to support Canada or any other country anymore. We need to support USA. We have our our sovereign debt that is substantial.
Thank you Sundance
I just got back from a trip in which we made a few Canadian stops. I was surprised when looking at my credit card statements at how much less the US$ was to CAN$.
In the past, the Canadian government sought high-quality immigration.
Since that has been undermined, so has the Canadian currency.
Several years ago, Canada knew it had run out of cash, had destroyed its production options on the cross of green and socialized universal healthcare.
Alberta which balanced their own books better, wanted to separate. And no, Canada could not pay their fair share of NATO expenses or else their shell game instantly collapse. Did anything change?
Take note, DSA. Take note, SEIU and the teachers unions who are fronting the same old DSA agenda as all their other internecine union “protest” movements.
Yep. The unions have morphed into political organizations rather than worker groups. At my previous job the UFCW changed the dues from a flat rate amount to a 2.25% of gross per paycheck. I called it a tax. The union friendly coworkers called it an investment.
It’s not just the Canadian dollar that is weakening against the USD, the Japanese Yen, the Thai Baht, the Philippine Peso and many other currencies are also on the slide down. 🛝
Commodities pricing is in USD. So pricing inflation has hit those countries harder.
Being free-riders off US largesse for years, Canadians forgot to show appreciation or gratitude while choosing to live under our umbrella.
Which is why there isn’t much sympathy towards them or other countries who have bad-mouthed America/Americans so much over the decades that all the FIFA visitors are posting videos about how they were lied to about us and we are a great country with great people (I guess libtards don’t go to FIFA matches).
You don’t seem to realize Sundance, carney wants to collapse the Canadian economy.
They will need to update that Time magazine cover page and have Trump giving the middle finger with the caption….”Hey, Carney”.
Short-term ramifications: Prices for goods on the U.S. side of the border become more expensive for Canadians who cross for shopping. U.S. agricultural products are less competitive than Canadian agricultural products. This might help some Canadian farms, depending upon their input costs (energy, fertilizer, etc.).
Exports of minerals (iron ore, copper concentrate, gold, and potash) are priced in dollars. Depending upon contracts, the pricing may be hedged at guaranteed exchange rates. If not, then the export of minerals priced in a strong USD will be profitable to some Canadian companies. However (big caveat), many Canadian mining operations are subsidiaries to much larger global parents. Nutrien (headquarters in Saskatoon, Saskatchewan) is a global producer of fertilizer products (potash, phosphate, and nitrogen), with operations on both sides of the border. There is global shortage of fertilizer as well. Vale (headquarters in Brazil) is a global producer of iron ore, nickel, copper, cobalt, and platinum group metals with Canadian operations producing nickel, cobalt and copper concentrates. Rio Tinto (headquartered in London) is Canada’s largest metals and mining company with the significant operations in Canada. The lack of new high grade copper mines has been pushing price of the red metal up (currently $6/lb.). Long-term outlook for copper is strong.
https://www.macrotrends.net/1476/copper-prices-historical-chart-data
The USD – CAD exchange rate is not going to materially affect these large multi-national companies. Even if the U.S. were to impose tariffs on fertilizer, iron ore, copper concentrate, nickel, or any other raw metals from Canada, exports would simply flow elsewhere.
From 2025 data, the total export value from Canada to the U.S. was $409B, of which mineral fuels, oils, and distillation products comprised $120B and about $9B was from copper, nickel, and fertilizers. Iron ore exports were $6B globally, but I am not sure how much of that was U.S. bound. Adding gold and other mineral exports into the mix, brings the amount up one-third of their total U.S. exports from the 2025 data.
https://tradingeconomics.com/canada/exports/united-states
I think that the areas of trade friction will be Chinese imported products / Chinese manufacturing where Canada is hoping to generate a percentage of the transaction cost while sending those products into the U.S., exports of petroleum and distillation products from Alberta and Saskatchewan, and steel. The pinch point on petroleum and distillation products is due to the transportation limitations from those two provinces. Mining and fertilizer exports should not be affected since those industries are readily accessible to shipment by ocean. This is how those exports reach overseas markets presently. Canadian steel (a finished product – not an ore or concentrate) has been contentious and subject to U.S. tariffs. With the Canadian dollar weakening further, I anticipate tariffs on Canadian steel will continue.
Prices for goods on the U.S. side of the border become more expensive for Canadians who cross for shopping.
Many Canadians have or should have USD$-designated bank accounts so they can cross the border and buy in USA with USD$. I read that most Canadians live within 100 miles of the border.
In October 2007 the Canadian dollar was worth $1.06 U.S. A year later, shortly after Obama was sworn in as president, its value had shrunk to 79 cents U.S. In June 2026 the Canadian dollar is worth 70 cents U.S. and dropping.
The bottom line is that in less than 20 years the real value of Canadian currency has declined by more than a third against the currency of its largest trading partner, the U.S. which means that the average Canadian wage earner is becoming impoverished at an alarming rate!
So much for Build Back Better!
I’m curious to know how home utility rates (electricity and gas) have fared over the past 20 years.