| US-Canada relations are strained. Many in the US believe Canada isn’t doing enough to choke off illegal immigration or to protect our shared security interests in the Arctic. As Pippa Malmgren once said here on Global Macro Update, we are in a “hot war in cold places.” One of those places is the Arctic, which is rich in oil and mineral resources, including rare earths. It also offers critical alternative shipping routes, which China would like to dominate. Canada lacks the military capacity to protect all this from Russian and Chinese interests. Internally, Canada’s government is under pressure. Members of Prime Minister Trudeau’s own party are telling him to step down. Canada’s national debt has roughly doubled since he became PM in 2015. And the nation is suffering from many of the same ills afflicting the US—a fentanyl crisis, exploding homelessness, and sky-high housing prices. Adding to the pressure is Trudeau’s frosty relationship with President-elect Trump and his threat of a 25% tariff on Canadian imports to the US. These are some of the topics we’re covering in our conversation today with Canadian journalist, television producer, documentary filmmaker, and longtime friend Jonathan Roth. Learn more about Jonathan Roth here: https://www.resourcewars.com Follow Jonathan Roth on X (Twitter) here: https://x.com/ResourceWars_ Sign up for my free newsletter here: https://www.mauldineconomics.com/go/JM563R/YTB Sign up for Ed D’Agostino’s free newsletter here: https://www.mauldineconomics.com/go/JM563R/YTB Follow Ed D’Agostino on LinkedIn: https://www.linkedin.com/in/ed-d-agostino-415475296/ Timestamps: 00:00 – Introduction 04:11 – Trudeau’s imminent resignation 08:17 – Canada’s 9-year demise 12:09 – Canada, the 51st state? 12:58 – Russia’s Arctic presence 15:57 – China and Russia using Arctic sea routes 19:27 – Winding down Trudeau’s government 23:27 – US-Canadian trade relations 26:51 – Canada’s housing crisis 28:31 – Canada-China free trade agreement? |
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