Exclusive: Canada unsatisfied with latest U.S. trade offer, sources say
Aug 12, 2026 · 45m
Summary
Host Katie Simpson examines stalled Canada-US trade talks ahead of a critical tariff deadline, featuring analysis from Ralph Goodale on negotiation strategies. The episode also covers the global energy crisis, with Rory Johnson discussing Strait of Hormuz disruptions and refining shortages. Finally, the panel debates a petition to expel US Ambassador Pete Hoekstra and reports on a potential breakthrough in the Churchill Falls hydroelectric deal between Quebec and Newfoundland.
Topics discussed
Intro: Canada's shifting immigration consensus
Canada-US trade talks: Urgency and proposals
Potential consequences if no deal is reached by Aug 19
Carney's approach: Accepting lower tariffs vs zero
US unpredictability and Canadian leverage in negotiations
Canadian public sentiment and sovereignty defense
US inflation cools; Strait of Hormuz shipping data
Fog of war: Tracking ships in the Hormuz crisis
Oil prices: Crude vs refining margins and pump prices
Pipeline diversification and US Strategic Petroleum Reserve
Quebec-Newfoundland hydroelectric deal nearing completion
Political timing and Indigenous buy-in for hydro deal
Petition to expel US Ambassador Pete Hoekstra
Impact of petition on Trump administration relations
9/11 anniversary and NATO alliance dynamics
Behind-the-scenes negotiations and isolationist trends
Panel outlook: Progress signs and required concessions
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