It's a rough world out there, and sometimes you don't know what's going to happen until you're in the middle of it all. Canada is the country where nothing ever happens. In Canada, everything will eventually reset towards the mean. Today, we're talking about the Canadian government's decision to back away from Donald Trump's Digital Services Tax.
00:02:55.680We also have had tariffs on them for decades with our supply management system, like the dairy tariffs, the milk tariffs, chicken, all that stuff.
00:03:06.560It's very hard to trade into Canada compared to trading from Canada into the United States.
00:03:12.540Frankly, it's hard to trade into certain provinces if you aren't on the special list where you're allowed to produce as much milk as you want.
00:03:19.920If you're in Alberta, if you produce milk and you sell it, you could go to prison.
00:03:22.620That happened recently, happened with people selling eggs too.
00:03:26.400But here it says, June 29, 2025, Ontario, Department of Finance, Canada.
00:03:33.000Canada's new government, it's really just the old government continuing,
00:03:36.280but Canada's new government is engaged in complex negotiations on an economic and security partnership with the United States,
00:03:44.160focusing on getting the best deal for Canadian workers and businesses.
00:03:46.980Prime Minister Carney has been clear that Canada will take as long as necessary, but no longer to achieve that deal.
00:03:55.720And then it goes on to say, basically, we're getting rid of the digital services tax.
00:04:27.580Any of you could do better than these people.
00:04:29.820Anyone, the dumbest person you meet in a day could do better than this.
00:04:34.440But we've somehow found even dumber to put in our government to mess up trade negotiations.
00:04:40.460It was so bad that at the same time Mark Carney passed the DST, he was implementing it.
00:04:45.400He then went to Europe and said, do you guys want out of the DST?
00:04:48.740We will sign a trade agreement on digital products so that you guys can make an end run around it.
00:04:54.000Yeah, that wasn't going to take off the Americans even more, that we were implementing a tax and then immediately giving the Europeans an out of it.
00:05:00.780Because, again, it was just an tax on Americans.
00:05:03.280But now, I want to get over to some of the reaction online.
00:05:08.080I called this yesterday when it happened.
00:05:10.780I saw that it was rescinded like an hour after it had happened.
00:05:40.660I'm going to go through a few of these where it's someone's tweet from yesterday and then it's their tweet today.
00:05:46.440So, we have this guy, Peter Ratcliffe, forever Canadian.
00:05:50.440He says, frankly, I am very proud to have Mark J. Carney running things for Canada while Donald Trump is chief authoritarian on the unstable states.
00:06:00.180I don't want our enemies to like our leaders.
00:06:02.880I demand that they respect Canada and respect our prime minister.
00:06:22.020And he said, before the DST was rescinded.
00:06:24.880Now he says, Canada, the toughest, smartest, kindest, most civilized, 40 million people, country that the U.S. will just never own.
00:06:32.800If, like, or it's the toughest, like, toughest, smartest, kindest, most civilized, 40 million people, country that the U.S. will never, just never own.
00:06:41.620I don't even know what he's trying to say there.
00:06:43.360If Canada decides to live without U.S. trade or tough enough to survive and then thrive, but the U.S. is basically screwed.
00:07:32.800At the same time, this entire thing from the liberals and their supporters comes across like someone moving back in with their mother and then saying, I'm only doing this until I get my feet, you know, until I basically get myself up off the ground.
00:07:47.700I'm just going to be here temporarily.
00:07:49.540And then they're like still living with you like years later and they still haven't gotten jobs like just until just until we get steady as a country.
00:07:57.620We'll keep we'll keep trading with the United States.
00:07:59.500Then I swear I'm going to go and I'm going to go to Hollywood and pursue my dreams.
00:08:45.280Yeah, it's kind of a not like anonymous account.
00:08:48.080But these people have this person has sixteen hundred likes, two hundred six, eighty six retweets.
00:08:54.060There are a lot of liberals who agree with this.
00:08:57.040Most of them are too embarrassed to tweet this stuff out themselves.
00:08:59.080So they just like this person's tweets.
00:09:00.720But this person said 15 hours ago, perhaps Carney is in no hurry to sign a deal with Trump because he knows full well signing a deals with a con man means absolutely nothing.
00:09:11.500So far, Trump has refused to honor his existing trade deals.
00:09:15.140So signing with him is essentially meaningless.
00:09:17.660Trump has removed all honor and prestige from the presidency.
00:09:21.200OK, so let's go to just nine hours ago now.
00:09:25.920And so this person now coming from like this, this sounds like a North Korean newscast.
00:09:33.440Now they're saying, so Carney has decided to pull the DST for now.
00:11:22.660I mentioned this in yesterday's video.
00:11:25.820Mark Carney was pretending like it was a really big substantial tax reduction for him to propose during the election a 1% tax reduction under $50,000.
00:11:35.840A bracket where you're not even paying taxes on the first $18,000, that's tax exempt.
00:11:41.020So he's going to give us a 1% rate reduction on our taxes or under $50,000, which only really applies to $32,000 of money.
00:11:50.680That was considered really a big deal.
00:11:53.220But it wasn't a big deal when he wanted to put a 3% revenue, like an income tax, higher corporate taxes on tech firms on all of their income.
00:12:02.700It's not like after $100 million, they had to pay an extra three.
00:12:07.480They pay an extra three on all of it, and that was considered no big deal.
00:12:11.120But the NDP are not, are socialists, so they think it's totally cool.
00:12:14.980They think just taxing anyone who's successful is equals fair.
00:12:19.020It's ergo fair because the person's successful.
00:12:22.520But Don Davies adds, added to liberal concessions on Golden Dome, NATO 5%, and Bill C-2 violations of Canadians' privacy rights.
00:12:31.200And it looks looking more and more like Mr. Carney has his elbows up during the pregame skate, only to drop them once the game started.
00:12:40.680I disagree with his perspective on those particular policies.
00:12:44.800Bill C-2 wasn't great, but there's some good elements of it, but there's some really bad elements of it, like just reading random Canadians' mail.
00:12:51.460It's good that they're cracking down on certain elements of money laundering and certain elements of fentanyl dealing, but then it goes a bit too far.
00:12:58.500So I disagree with Don Davies overall when it comes to those policies, but he is right that, yeah, the liberals keep doing this sort of elbows-up, elbows-down game like they're doing the funky chicken.
00:13:10.960I love stuff like this, seeing retroactively posts like this from this Roddy person that you guys see a lot.
00:13:25.380He didn't roll over like all said he did.
00:13:30.520Roddy, if you're listening to this, imagine that this is your moment.
00:13:34.720For just this moment, and this moment can feel like it lasts an eternity.
00:13:38.640For this moment, Mark Carney still has not caved, and you're still living in nirvana, believing that Mark Carney is going to stand there holding you tight,
00:13:47.920making sure that he's not going to get rid of the digital services tax.
00:13:50.980Because for some reason, it makes you feel better to have a digital services tax, despite the fact that you're going to pay a higher price.
00:13:57.420But whatever, it's your moment, Roddy.
00:16:24.780That's why we're currently in the situation we're in.
00:16:26.500We could have saved so much money by signing a deal ASAP, by dropping the supply management system, or at least weakening it, slowly ramping it down, letting those farmers who currently are surviving because of their subsidized prices, let them figure out how to actually operate like any other farmer does, you know, actually creating efficient goods and selling them at, like, prices that are competitive.
00:16:48.460Again, Alberta farmers want to produce milk, but you'll get arrested if you try to because Quebec farmers and Ontario farmers are the ones who are allowed to produce.
00:17:03.040Even if we just got some of supply management sans getting a deal with the U.S., we would still be better for it because, guess what?
00:17:09.260We wouldn't have, like, high prices anymore in the grocery store for basic goods.
00:17:14.300But anyways, that should be it for me today, guys.
00:17:16.940So, again, reminder, like this video, subscribe to the channel, leave a comment, do all that stuff.
00:17:22.300Actually, my light over here just given out all the power.
00:17:25.620By the way, if you go check out Josh's channel, The Elevate Podcast, you will suspiciously notice that what he uploads today also has this painting in the background.
00:17:35.200It's because we were at a conference together, and he didn't have his recording equipment, so then he ended up using mine, and mine's failing on me now because Josh used all the juice in my lights, and now they're turning off.
00:17:46.940I'm going to have to get that guy, even though I was the one who let him use it, and I was the one who failed to charge it.