Guests: Frank McKenna, Deputy Chair, TD Securities
Host: Peter Haynes, Managing Director and Head of Index and Market Structure Research, TD Securities
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.
| Chapters: | |
|---|---|
| 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 L.A. |
| 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 |
This podcast was recorded on January 20, 2025.
Full transcript to come.
Président suppléant, Valeurs Mobilières TD
Président suppléant, Valeurs Mobilières TD
