PJ The Belt


Trump Just Made Canada SURRENDER Another 3000 Jobs - Carney Panics

Topics
algoma steel layoffs tariffs and steel jobs
Mentioned
Donald Trump Peter Worian Mark Carney Algoma Marie Brookfield Pierre Poilievre Steve McNallan Steven Guilbeault Howard Lutnick Stephen Guibo Sault Ste Andrew

Episode Stats


Harmful content

Misogyny

2

sentences flagged

Toxicity

1

sentences flagged

Hate speech

1

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

A steel plant in Ontario laid off 1,000 workers, and more than 3,000 more in Sault Ste. Marie, Ontario could be affected by the cuts. Meanwhile, the Bloc quits on climate change, and questions are being asked about the deal between Canada and Alberta on carbon capture and other carbon capture.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 The larger impact of Algoma Steel's 1,000 layoffs is now coming into view.
00:00:05.480 Some believe thousands more in Sault Ste. Marie could be impacted by the cuts.
00:00:10.160 The city of Sault Ste. Marie's Director of Economic Development tells CTV News
00:00:14.500 that the indices published by StatCan state that the trickle-down of these cuts
00:00:19.580 could impact upwards of 3,000 people in the community.
00:00:23.600 This time it is the steel industry that is destined to suffer losses due to liberal incompetence and political negligence.
00:00:32.180 You see, Mark Carney showed his true colors in a recent press conference when he was asked
00:00:37.480 whether he had spoken with President Donald Trump to try to remedy the relationship
00:00:43.320 and find a solution to the trade war between the United States and Canada.
00:00:48.960 And this is what he had to say.
00:00:50.780 Who cares? I mean, it's a detail. It's a detail. I spoke to him. I'll speak to him again when it matters.
00:00:58.220 This guy had a rare moment where he was actually honest about how much he really cares for Canadian jobs.
00:01:04.500 Reminding us all that except for any business having to do with Brookfield, the company he used to chair,
00:01:11.600 he could care less if all other companies and businesses go under as a result of his incompetence.
00:01:17.840 Let's get into the video.
00:01:20.780 So you got this recent news of 1,000 workers being laid off, being let go at Algoma Steel out in Ontario
00:01:30.600 as a result of the trade war and the fact that the liberals are keeping their elbows way up
00:01:37.700 while they destroy the Canadian economy and your average Joe loses their livelihood.
00:01:43.740 Let's have a listen to the report here.
00:01:46.280 Algoma Steel based in Sault Ste. Marie, Ontario, has laid off 1,000 workers today in part due to the punitive tariffs
00:01:54.780 that Donald Trump has imposed on Canadian steel.
00:01:57.520 The CBC's Marina von Stackelberg has been following along.
00:02:00.460 She joins us from Ottawa.
00:02:02.240 I blame the liberals.
00:02:03.160 Yeah, so we heard Pierre Polyav and his first English comments there in question period questioning the liberals on these layoffs at Algoma Steel.
00:02:12.080 1,000 layoff notices, as you mentioned there, Andrew.
00:02:15.080 Algoma Steel saying it's necessary to protect the company's future in light of these extraordinary conditions and the Trump tariffs.
00:02:23.380 Algoma recently got $400 million from the federal government along with $100 million from the provincial Ontario government
00:02:30.420 in loans to protect jobs in the face of these tariffs.
00:02:33.740 So you heard the Conservatives...
00:02:35.300 Let me get this straight.
00:02:36.320 They gave these people half a billion dollars, $400 million from the feds, my tax dollars,
00:02:43.300 and $100 million from Ontario taxpayers via their province.
00:02:48.020 And that was to protect jobs, and they just announced that 1,000 jobs have been lost as a result of the tariff war
00:02:57.440 between Canada and the United States that Carney campaigned on resolving very quickly,
00:03:03.300 and it still hasn't managed to fix, and is actually making worse with each passing day.
00:03:09.840 That sounds about right.
00:03:11.420 That sounds like Canada.
00:03:12.680 Pushing the liberals on that there.
00:03:14.360 The Bloc Québécois questioning the liberals on their climate policy.
00:03:18.660 We know that that memorandum of understanding, that agreement that was signed between Ottawa and Alberta last week,
00:03:25.660 lays the path for a bitumen pipeline from the Alberta oil sands to the B.C. coast.
00:03:30.780 And so the Bloc was accusing the liberals of failing on their climate targets, saying,
00:03:35.940 why don't you have more people resign? 0.78
00:03:37.640 That's, of course, a reference to Stephen Guibo, a former minister, who stepped down last week,
00:03:43.980 saying he very much opposed this agreement, saying that it was going to hurt Canada's climate policy.
00:03:50.480 The liberals responding there, Stephen McKinnon, the House leader,
00:03:54.520 saying that he believes that this agreement will actually, is progress for climate change,
00:04:00.220 pointing to the fact that Alberta has made promises to bring in carbon capturing and other different measures.
00:04:06.020 All things which benefit Mark Carney, by the way.
00:04:10.820 The carbon-sucking machines that are part of this whole carbon capture thing, investment,
00:04:17.800 Brookfield is invested in.
00:04:20.220 Just go ahead and look up Entropy, which is a company that Brookfield Asset Management invested in.
00:04:25.980 It's the main, one of the main companies that is a part of this whole deal that Alberta signed on to for carbon capture or whatever.
00:04:36.840 Bloc, very much, they're pushing the liberals on climate policy and using Guibo's stepping down as a reference. 0.93
00:04:45.280 We know also that very shortly, we will find out who will be replacing him,
00:04:50.160 as he has stepped down as a minister here in Ottawa as well.
00:04:53.340 So we'll be watching that as well.
00:04:54.920 Yeah.
00:04:55.360 That's the only good news that came out of that whole deal.
00:04:57.920 And they were also using Stephen Gilboa's words on the very popular talk show,
00:05:03.020 Tout le monde en paul, last night, where he basically, he's sitting, as we should mention,
00:05:06.740 he's resigned from cabinet, but he's staying on as a liberal MP,
00:05:10.760 saying that the government is just not going to meet its emissions-reducing targets
00:05:15.500 with this new memorandum of understanding.
00:05:17.780 Right, Marina?
00:05:18.080 Yeah, and we've had, you know, the opposition NDP as well pushing the liberals on this,
00:05:25.820 saying, you know, especially some liberal MPs in British Columbia,
00:05:29.680 how are you going to square what your party is doing with what people voted for and the climate targets?
00:05:35.500 And so this is definitely something that I expect we will continue to see the government be pushed on.
00:05:39.780 The country just lost a thousand jobs.
00:05:43.900 A thousand steel workers just lost their livelihoods, and these people are worried about the climate.
00:05:49.620 I'm here in Canada.
00:05:50.760 I'm in Alberta.
00:05:51.920 Unfortunately, Alberta is still a part of Canada, so the time of this video.
00:05:55.620 And it is cold as hell out here.
00:05:57.920 It's cold.
00:05:58.960 It's snowy.
00:06:00.200 I don't see any signs of global warming.
00:06:02.520 I wish there was.
00:06:03.560 I could use some warming right now.
00:06:05.480 My heating bill is through the roof because it's so damn cold.
00:06:09.360 And these people are worried about Paris climate accords and climate change and whatnot.
00:06:14.980 And a thousand people, a thousand family men and women just lost their jobs.
00:06:20.860 That's 2025 Canada for you in a nutshell.
00:06:24.940 Marina, thank you.
00:06:25.600 CBC's Marina von Stackelberg live in Ottawa.
00:06:28.680 For more on this, we're joined by economist Peter Worian.
00:06:31.260 He is a senior research fellow at the Munk School of Global Affairs and a former research director with the United Steelworkers.
00:06:37.260 He was also the chief economist of the province of Ontario.
00:06:41.160 Peter, I appreciate you taking the time.
00:06:42.560 Thank you.
00:06:43.480 So how expected were these layoffs, though, given what we know about demand for Canadian steel and this transition to these new furnaces?
00:06:53.600 Well, the transition and the tariffs are sort of linked in the sense that you've had the story before that Algoma is in the lead of moving away from these blast furnaces, electric furnaces for environmental reasons.
00:07:08.120 That's a good thing.
00:07:09.480 But inevitably, there'll be job losses.
00:07:11.580 But you could adjust to those through retirements, retraining, such over time.
00:07:14.880 They're now having to do that with a gun to their head because of the tariffs.
00:07:20.740 And I don't have the company's books in front of me, but they've got declining revenues because of the tariffs.
00:07:27.660 So now you're having to do what you might have had, you know, a year or two to do.
00:07:33.000 And you got a matter of months.
00:07:34.960 If only we had a responsible government that went down to the USA to actually negotiate, not to put their elbows up and pretend like they're negotiating to then come home and then, no, to actually negotiate.
00:07:48.520 How about we remove all our tariffs, all of them, because there's some sneaky little tariffs in there to protect the Quebec dairy cartel. 1.00
00:07:56.460 How about we remove all of those and we actually have free and open trade with the Americans?
00:08:01.500 I bet you that if that happened, and my first clue is the fact that Howard Lutnick, Commerce Secretary, has been saying it and saying it over and over again.
00:08:10.420 Canada is not open to us.
00:08:12.840 They need to open their market.
00:08:14.980 Unless they're willing to open their market, they're going to pay a tariff.
00:08:18.440 That if Canada opened its market, the United States would be happy to open their market for Canada again.
00:08:26.520 The United States just finally realized that Canada is very protectionist.
00:08:30.380 They pretend this country, this government, the liberal government of Canada, pretends to be for free market, but they're not.
00:08:39.020 And because of that, the rest of Canada is suffering to protect a well-connected, small group of people, mostly based in Quebec.
00:08:47.880 Go figure.
00:08:48.940 And then, Peter, I wanted to just ask you what we just heard from the opposition leader, the conservative leader, Pierre Polyev in the House of Commons.
00:08:55.320 He said the industrial carbon tax will kill even more Canadian steel jobs.
00:09:00.560 What's your thinking on that?
00:09:02.640 Well, it makes sense.
00:09:04.560 No tax is beneficial to jobs.
00:09:09.020 You're disincentivizing industry. 0.94
00:09:11.680 You're disincentivizing businesses from growing, from expanding, from hiring more people when you impose a new tax, particularly a tax as dumb as the carbon tax.
00:09:23.760 Well, I think that's a political statement that I'm not, I mean.
00:09:30.720 But, of course, the CBC is going to bring in some guy that they pay to, you know, be against whatever conservative people say.
00:09:38.520 They're going to bring the guy that says, no, carbon taxes are actually good for jobs.
00:09:43.280 The more you tax businesses, the more they create jobs.
00:09:47.360 That makes a lot of sense, doesn't it?
00:09:49.140 The new system of getting these electric furnaces involved adjustments to carbon prices or prices embedded in steel products.
00:09:59.540 So this is not new news that that's part of a, it's not a political accusation.
00:10:03.940 It's part of making that succeed.
00:10:06.260 But it won't, that won't succeed unless other countries go to this carbon tax.
00:10:10.420 Now, we also know that there is a $500 million loan that was given to, well, federal and provincial, but mostly federal money, federal dollars, given to Algoma to try and, I guess, transition and to safeguard these jobs.
00:10:24.380 So how can, you know, what about that money in terms of trying to protect Canadian steel worker jobs?
00:10:30.980 Well, that is, was going to, that was going into, or it has been going into doing this business of the furnaces, the technology, you know, the electric furnaces coming in.
00:10:42.440 And it also, the government has also, because of the short-term cash crunch, because of the tariffs, loaned additional money.
00:10:50.020 It's just all of this is jammed into the same short-term box.
00:10:53.380 That's why we're now in this position of having to deal with all of this with a gun to our head.
00:10:59.380 So we just lost a thousand jobs here in Canada, even though our government gave this company $500 million.
00:11:06.220 Mark Carney still has no deal with the United States.
00:11:09.380 In one of his latest press conferences, he said, who cares, whatever.
00:11:13.940 And I guess that's the attitude that's going to get us a deal with Donald Trump, saying, who cares?
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00:11:43.940 Cheers.
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