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Tariff tally
Tariff tally

Politico

time21-05-2025

  • Business
  • Politico

Tariff tally

Presented by Send tips | Subscribe here | Email Canada Playbook | Follow Politico Canada Thanks for reading Canada Playbook. In today's edition: → Canadian importers are still paying tariffs. → G7 finance ministers and central bankers meet in Banff. → Plus, a little spilled tea on the royal visit to Ottawa. Trade war TARIFFS: STILL A THING — A major adjustment to retaliatory tariffs announced in the middle of an election campaign fought over DONALD TRUMP's trade war was bound to turn some heads. — Origin story: A report from Oxford Economics created a hubbub by claiming federal relief announced in April reduced the impact of tariffs on U.S.-sourced goods to 'nearly zero.' Bloomberg ran with the story, which spread quickly. — Political fallout: Conservative Leader PIERRE POILIEVRE recently insisted in a widely viewed X post that PM MARK CARNEY 'quietly dropped' tariffs 'without telling anyone.' On April 16, Carney's Cabinet did approve six-month tariff relief for goods 'used in Canadian manufacturing, processing and food and beverage packaging, and for those used to support public health, health care, public safety, and national security objectives.' Automakers also scored limited exemptions. Eventually, those measures were published in the Canada Gazette on May 7. The government announced it all publicly — though admittedly tucked deep into federal websites untrawled by most Canadians. — The official word: In response to the swirl of claims, Finance Minister FRANÇOIS-PHILIPPE CHAMPAGNE insisted that retaliatory tariffs on 70 percent of end-use goods are still in place. The total revenue haul for those tariffs remains unclear. — On the ground: But Canadian importers are still paying tariffs. Just ask them — or, say, a lawyer who helps them keep up with all the uncertainty. Here's WILLIAM PELLERIN, a partner in McMillan's international trade group: 'The assertion that Canada's retaliatory tariffs have 'nearly zero' impact does not reflect the experience of many of our clients, who continue to incur substantial tariff costs, with real-world impacts on prices, customer relationships, jobs and investments,' Pellerin told us. → Tariffs are still in effect, Pellerin said, on nearly all HVAC equipment and hot-water tanks; plumbing equipment and fixtures; sinks and showers; clothing and apparel; tires for off-road equipment (used in mining and industrial vehicles); hardwood and other wood products; overhead transmission lines; and nearly all steel and aluminum products. Pellerin served up a hypothetical: 'Picture a company building a factory here in Canada: just about any U.S.-origin material sourced to build that facility (including equipment purchased, designed and engineered long before President Trump was elected, but being delivered now), would be subject to tariffs.' — Budget lines: The Liberal platform booked C$20 billion in tariff revenue in 2025-26 — a key piece of the fiscal picture the party pitched on the campaign trail. It's unclear where that revenue expectation will end up by the time Champagne unveils his first budget this fall. → All we know for now: The final tally will be greater than zero. Where the leaders are — Prime Minister MARK CARNEY will hold a media availability at 6 p.m. following his 'Cabinet Policy Forum.' DULY NOTED — The Canadian Global Affairs Institute hosts Trade Conference 2025 in Ottawa. We're watching a morning panel devoted to 'renegotiating CUSMA from a place of strength.' — ANDREW COYNE launches his new book, 'The Crisis of Canadian Democracy,' at the Métropolitain at 7 p.m. DRIVING THE DAY G7 FINANCE — This morning in Banff, Finance Minister FRANÇOIS-PHILIPPE CHAMPAGNE and Bank of Canada Governor TIFF MACKLEM will convene their G7 counterparts for eight closed-door sessions on the global economy. The weight of the world awaits. — Sanctions on Russia: Champagne got the ball rolling Tuesday evening with a joint presser alongside Ukraine Finance Minister SERGII MARCHENKO. Earlier, finance department officials who briefed journalists said mobilizing the private sector to help Ukraine's reconstruction will be discussed today at a separate panel. — U.S. participation: Expect Champagne to have a pull aside with U.S. Treasury Secretary SCOTT BESSENT — just don't expect any tariff announcements, POLITICO's VICTORIA GUIDA reports. → Diplomatic language: 'There was always tension around tariffs, as you would expect. But at the same time, there's a lot we can achieve together,' Champagne said Tuesday evening. — Federal budget: Champagne was pressed on what would be in his first budget, expected in the fall — and why he's waiting so long to unveil a fiscal plan. 'There's the NATO summit that is going to come in June that's going to have an impact on defense investments. There's going to be the review of spending and efficiency of the Canadian government,' Champagne said. 'We'll have a better sense of the global macroeconomic picture by then.' — From the officials: None of the weighty-sounding titles of today's sessions contain the words 'tariff' or 'China' or 'sanctions,' though all of that will be discussed. An opening discussion will cover the 'global economy,' followed by a panel on 'economic resilience and security,' and others on cybersecurity and artificial intelligence. → Tariffs are not officially on the agenda. They will be 'embedded' in a session where there's 'hope' the G7 will express a firm shared belief in the importance of a well functioning international trade investment system, said an official. → China is part of a session on 'conflict, security and resilience.' Ministers will discuss non-market policies and practices, said a Canadian official. They'll be looking to 'level the playing field' for key sectors that face unfair competition. Full stop. TALK OF THE TOWN SOVEREIGNTY FLEX — Prime Minister MARK CARNEY is set to put on a spectacle when KING CHARLES III and QUEEN CAMILLA arrive in Ottawa. 'This is a historic honor which matches the weight of our times,' Carney said when he first announced that he'd invited the king to deliver the throne speech on May 27. The two-day visit will demonstrate that Canada is a sovereign nation, Heritage officials said Wednesday in a media briefing. Since returning to the White House, DONALD TRUMP has made repeated references to Canada becoming the 51st state. Next week's ceremony is likely to catch the attention of the U.S. president, who is known for his love of pomp and grandeur and for having an affinity for the royals. Even the U.K. has rolled out the king to butter up Trump. — Details, details: When the royals land in Ottawa, Camilla will be presented with a bouquet of red and white roses. And a Canadian Armed Forces band will play as the royals are greeted by 25 members of the Royal Canadian Dragoons, the senior armoured regiment of the Canadian Army that boasts the king as colonel-in-chief. The king will receive full military honors, and Camilla will be sworn in as a member of the Privy Council — giving her authority to advise the king in his role as Canada's monarch. — Public displays of affection: Canadians will have several opportunities to see the royals in action. The king is scheduled to drop the puck in a street hockey game at Lansdowne Park's Aberdeen Plaza on Monday. On Tuesday, the royals will parade down Wellington Street in Canada's state landau, drawn by horses of the RCMP's Musical Ride. They'll be escorted by 28 RCMP — 14 in the front, 14 in the back. The official visit will close at the National War Memorial, a monument that was dedicated in 1939 by the king's grandfather, KING GEORGE VI. A final royal salute and a flypast by the Royal Canadian Air Force will cap the visit. Public events are here. — VIP: 470 people have been invited to the Senate chamber to watch the speech — a guest list that includes former governors general, prime ministers, Supreme Court justices and lieutenant governors. — Awkward: The king will later meet with 50 MPs in the Senate. Since Conservative Leader PIERRE POILIEVRE is not an MP, his role that day is unclear. The Conservative Party has not replied to our request for details. Bloc Québécois Leader YVES-FRANÇOIS BLANCHET is expected to boycott the throne speech, saying he will read it instead. The separatist party opposes the monarchy. — Travel buddies: The king and queen will be accompanied by two officers of the British royal household, plus a Canadian doctor — in case of an emergency. MORNING MUST-CLICKS — The Canadian Press reports: Western premiers meet in Yellowknife to talk trade, energy and Arctic security. — KARL SALGO, executive adviser at the Ottawa-based Institute on Governance, considers the context of the PM's promised program review. — On the latest 'Alberta Unbound' pod, Sen. PAULA SIMONS breaks down the federal election results — and the apparent uptick in separatist sentiment — with SHANNON PHILLIPS, KEN BOESSENKOOL and ANNE MCLELLAN. — Three books on JOE BIDEN's presidency jointly paint a devastating portrait of an ailing, geriatric leader surrounded by mendacious aides and grasping family members, JAMES KIRCHICK writes in POLITICO Magazine. — PM Carney may be banking on an upswell of patriotism to bolster support for large infrastructure projects — but it won't be easy, JACOB KATES ROSE writes at The Bell. — Israeli Prime Minister BENJAMIN NETANYAHU lashed out at the leaders of France, the U.K. and Canada after they threatened 'targeted sanctions' over Israel's renewed military offensive in Gaza. POLITICO's SEB STARCEVIC has the latest. PROZONE Check out our latest Pro PM Canada subscriber newsletter. Other headlines for Pro subscribers: — Greens sue to block Trump approval for deepwater LNG project. — Germany's Pistorius signals openness to 5 percent defense spending. — France barred Telegram founder Pavel Durov from traveling to US. — CalRecycle loosens plastic waste reduction rules. — Brussels wants AI chips made in Europe, tech chief says. PLAYBOOKERS Birthdays: HBD to Sen. FABIAN MANNING and former Premier KATHLEEN WYNNE. Also celebrating: Cartoonist GUY BADEAUX, historian JACK GRANATSTEIN, Quebec politician ÉRIC CAIRE (60!), StrategyCorp's JOANNE CHIANELLO and Earnscliffe consultant TOM CHAN. HBD+1 to KATIE DAVEY, chief of staff to New Brunswick Premier SUSAN HOLT. Noted: Canada Post received a strike notice Monday from the union that represents more than 55,000 postal workers. Operations are set to shut down by the end of the week. From CBC News this morning: Canada Post is in trouble. Year-over-year inflation rose 1.7 percent in April, Statistics Canada reported. The Liberal Party announced that its next national convention will go down in Montreal on April 9-11, 2026. Spotted: KING CHARLES III and QUEEN CAMILLA, dropping into Canada House in London on Tuesday to meet with High Commissioner RALPH GOODALE … Conservative MP LAILA GOODRIDGE, flying to Ottawa for the first time as a family of four. Foreign Affairs Minister ANITA ANAND exchanging gifts with U.S. ambassador to Canada PETE HOEKSTRA. Movers and shakers: PIERRE POILIEVRE unveiled a Leader's Economic Growth Council headed up by Calgary MP GREG MCLEAN and co-chaired by Northern Ontario MP GAÉTAN MALETTE and former Nova Scotia MP RICK PERKINS. The Pearson Centre announced new board members: MICHAEL PEARSON, ZITA ASTRAVAS, KATE DALGLEISH, Chief JEFFREY COPENACE, MICHAEL HATCH and DON ABELSON. (The institute is gearing up for its June 11 laureate dinner that honors former Cabmin IRWIN COTLER.) MIKE MCNAIR is president and CEO of the brand-new Arctic Economic Development Corporation. The goal: 'Activate investment, infrastructure and sovereignty in Canada's North.' HAMISH WRIGHT starts a new gig as executive director of transportation and labor policy in Premier DOUG FORD's office. TRIVIA Tuesday's answer: In the 1963 federal election, a virtual tie in the Québec riding of Pontiac—Témiscamingue was decided by the returning officer. Props to MAIA EASTMAN, JOHN PEPPER, SHAUGHN MCARTHUR, KOBY GOTTLIEB, MALCOLM MCKAY and BOB GORDON. Wednesday's question: What brought some 100,000 people to the intersection of Elgin and Wellington streets on this date in 1939? Answers to canadaplaybook@ Writing tomorrow's Playbook: NICK TAYLOR-VAISEY and MICKEY DJURIC.

Cleanup continues in New Westminster as residents remain without power after water main break
Cleanup continues in New Westminster as residents remain without power after water main break

Yahoo

time16-02-2025

  • Climate
  • Yahoo

Cleanup continues in New Westminster as residents remain without power after water main break

New Westminster resident Andre Pellerin never expected to be camping in his own home, but after living without power for the last two days, he said that's exactly what it feels like he's doing. "We are using all our camping stuff to cook food," he told CBC News. Pellerin has lived in a highrise at 71 Jamieson Court near East Columbia St for three years. Late Thursday night, a three-foot diameter pipe burst near 240 Francis Way, sending torrents of water into his building and others nearby. Floodwaters rushed into the lower floors of his building and the neighbouring tower at 71 Jamieson Court, submerging cars in parkades and damaging storage lockers. Andre Pellerin said his new Hyundai Santa F was partly submerged in water when he went to check on it on Friday morning. (CBC) "The water was up to my knees," Pellerin said, recalling what he saw when he went to check on his Hyundai Santa Fe, which he bought just three months ago. "I think [the water] was over the handle or something, so I knew my car was gone." Power to the two highrises was shut off after water entered the electrical rooms, and the City of New Westminster says the outage will continue until they dry out and are deemed safe to reconnect. "They put out a notice that some generators are gonna come by. Beats me when it's gonna happen," said Pellerin. WATCH | New Westminster water main break shuts down roads and causes some evacuations: He says he has already submitted a claim request for his car to the Insurance Corporation of British Columbia (ICBC) and is waiting to get a response. For some other residents though, the damage has been irreplaceable. Zell Rocha, an artist and music teacher, who has lived in the building for five years, said she fears most of her artwork in the building's storage lockers has been lost. "A lot of those artworks had to do with my stories as a disabled person and with my heritage," she said. "They are hard to replace…I am told that it can't be retrieved right now." Crews are working to remove water from two buildings on Jamieson Court. The City of New Westminster said Columbia Street will remain closed in all directions for several more hours while this work continues. (CBC) Around 50 residents evacuated from nearby residences Water also flooded nearby buildings and around 50 residents from approximately 20 units along the 225 and 245 Francis Way had to be evacuated. According to the city, some residents of the first-floor units were permitted to collect their belongings, though an engineer is still assessing whether they can remain. Most residents of 245 Francis Way have been able to return home. Metro Vancouver said in an update Saturday that crews had stopped the flow of water from the water main "within a few hours of the leak being isolated." Cause yet unknown The cause of the water main break remains under investigation, said Brant Arnold-Smith, Division Manager of Protective Services and Emergency Management with Metro Vancouver. "Our engineers and water services teams will be conducting a full investigation and then sharing updates on that investigation and the outcome of that investigation with the public, once we have more to share," he told CBC News Saturday afternoon. Metro Vancouver chief administrative officer Jerry Dobrovolny said the pipes were built in the 1960s and are halfway through their life cycle. "We'll have to take a look once we can excavate ... to see what the cause of the failure was," he added. Excavation began Friday afternoon to assess the cause of the break, and work continued through Saturday. The regional district said it is working with the City of New Westminster to pump water out of buildings and restore access and power. Metro Vancouver said residents may notice cloudiness or reduced pressure in their drinking water, but the water remains safe to consume. The city said Columbia Street remains closed in both directions between McBride Boulevard and Richmond Street as crews continue to pump water from the buildings. There is no timeline yet for when power will be restored to Jamieson Court or when all displaced residents will be able to return home.

Cleanup continues in New Westminster as residents remain without power after water main break
Cleanup continues in New Westminster as residents remain without power after water main break

CBC

time16-02-2025

  • Climate
  • CBC

Cleanup continues in New Westminster as residents remain without power after water main break

Social Sharing New Westminster resident Andre Pellerin never expected to be camping in his own home, but after living without power for the last two days, he said that's exactly what it feels like he's doing. "We are using all our camping stuff to cook food," he told CBC News. Pellerin has lived in a highrise at 71 Jamieson Court near East Columbia St for three years. Late Thursday night, a three-foot diameter pipe burst near 240 Francis Way, sending torrents of water into his building and others nearby. Floodwaters rushed into the lower floors of his building and the neighbouring tower at 71 Jamieson Court, submerging cars in parkades and damaging storage lockers. "The water was up to my knees," Pellerin said, recalling what he saw when he went to check on his Hyundai Santa Fe, which he bought just three months ago. "I think [the water] was over the handle or something, so I knew my car was gone." Power to the two highrises was shut off after water entered the electrical rooms, and the City of New Westminster says the outage will continue until they dry out and are deemed safe to reconnect. "They put out a notice that some generators are gonna come by. Beats me when it's gonna happen," said Pellerin. WATCH | New Westminster water main break shuts down roads and causes some evacuations: New Westminster water main break shuts down roads and causes some evacuations 24 hours ago Duration 1:55 Crews are still working to clean up after a water main break in New Westminster wreaked havoc on the area Thursday night. According to Metro Vancouver officials, a three-foot diameter pipe burst just before midnight on Francis Way, flowing onto East Columbia Street, where water closed down roads and seeped into a number of buildings. He says he has already submitted a claim request for his car to the Insurance Corporation of British Columbia (ICBC) and is waiting to get a response. For some other residents though, the damage has been irreplaceable. Zell Rocha, an artist and music teacher, who has lived in the building for five years, said she fears most of her artwork in the building's storage lockers has been lost. "A lot of those artworks had to do with my stories as a disabled person and with my heritage," she said. "They are hard to replace…I am told that it can't be retrieved right now." Around 50 residents evacuated from nearby residences Water also flooded nearby buildings and around 50 residents from approximately 20 units along the 225 and 245 Francis Way had to be evacuated. According to the city, some residents of the first-floor units were permitted to collect their belongings, though an engineer is still assessing whether they can remain. Most residents of 245 Francis Way have been able to return home. Metro Vancouver said in an update Saturday that crews had stopped the flow of water from the water main "within a few hours of the leak being isolated." Cause yet unknown The cause of the water main break remains under investigation, said Brant Arnold-Smith, Division Manager of Protective Services and Emergency Management with Metro Vancouver. "Our engineers and water services teams will be conducting a full investigation and then sharing updates on that investigation and the outcome of that investigation with the public, once we have more to share," he told CBC News Saturday afternoon. Metro Vancouver chief administrative officer Jerry Dobrovolny said the pipes were built in the 1960s and are halfway through their life cycle. "We'll have to take a look once we can excavate ... to see what the cause of the failure was," he added. Excavation began Friday afternoon to assess the cause of the break, and work continued through Saturday. The regional district said it is working with the City of New Westminster to pump water out of buildings and restore access and power. Metro Vancouver said residents may notice cloudiness or reduced pressure in their drinking water, but the water remains safe to consume. The city said Columbia Street remains closed in both directions between McBride Boulevard and Richmond Street as crews continue to pump water from the buildings.

Sundance Favorite ‘Lurker' Sells to ‘The Substance' Distributor Mubi (EXCLUSIVE)
Sundance Favorite ‘Lurker' Sells to ‘The Substance' Distributor Mubi (EXCLUSIVE)

Yahoo

time06-02-2025

  • Entertainment
  • Yahoo

Sundance Favorite ‘Lurker' Sells to ‘The Substance' Distributor Mubi (EXCLUSIVE)

Riding momentum from its five Academy Award nominations for 'The Substance,' boutique movie distributor Mubi has picked up another buzzy indie film for the U.S. market. 'Lurker,' a tense feature about an ambitious hipster and the rising pop star he exploits for fame and community, has been snapped up by Mubi following this year's Sundance Film Festival. Screening in the fest's premiere section, Mubi took 'Lurker,' written and directed by Alex Russell, in a competitive situation for a mid-seven-figure price tag. More from Variety Barry Keoghan, Christopher Abbott Thriller 'Bring Them Down' Gets New Clip Ahead of Mubi Theatrical Release (EXCLUSIVE) 'Love, Brooklyn' Review: André Holland, Nicole Beharie and DeWanda Wise Carry a Simmering Romantic Drama 'Sunfish and Other Stories on Green Lake' Review: A Relaxing Omnibus Movie Dips Its Toe in a Small-Town Michigan Summer Exact numbers weren't disclosed but one person with knowledge of the deal told Variety that the sale represents a significant domestic theatrical release commitment from Mubi. The indie distributor previously released 'The Substance' (a negative pickup from Universal Pictures with a $15 million price tag, before factoring in marketing and awards campaign costs) and 'Decision to Leave.' Rising star Théodore Pellerin plays Matty, a lowly clerk at a high-end sneaker and apparel store in Los Angeles. When his favorite singer (Archie Madekwe of 'Saltburn') saunters in, Pellerin swings into action cozying up to the social media star. Before long, Matty installs himself in a world of hedonism and opportunity — and he can stay, as long as he manages the pecking order of the entourage and the fickle demands of celebrity. Everything that can go wrong does, taking audiences on a bleak and unsavory ride through the petty and fatal byways of modern fame. The film marks an impressive debut from writer-director Russell, who cut his teeth on the Emmy-winning Netflix series 'Beef.' Havana Rose Liu, Sunny Suljic, Zach Fox and Daniel Zolghadri star alongside Pellerin and Madekwe. WME Independent handled the sale on behalf of the filmmakers. Producers include Alex Orlovsky, Duncan Montomery, Galen Core, Francesco Melzi D'Eril, Jack Selby, Marc Marrie, Charlie McDowell, Madekwe and Olmo Schnabel. Other Sundance sales include the doc 'Perfect Neighbor' and Joel Edgerton and Felicity Jones-led novella adaptation 'Train Dreams' to Netflix, searing drama 'Sorry, Baby' to A24 and body-horror thriller 'Together' to Neon. Best of Variety New Movies Out Now in Theaters: What to See This Week Grammy Predictions, From Beyoncé to Kendrick Lamar: Who Will Win? Who Should Win? What's Coming to Netflix in February 2025

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