Power & Politics Power & Politics

Federal government extends gas tax holiday into 2027

Sep 2, 2026 · 50m

Summary

The episode covers Prime Minister Mark Carney’s stance on resuming US trade talks and his retaliatory tariffs against Donald Trump’s policies, including the controversial renaming of Lake Ontario. US Representative Tim Kennedy discusses legislative efforts to reverse the name change, while economist Justin Wolfers analyzes the trade war’s negative economic impact. Additionally, the show examines the Liberals’ sweep in three federal by-elections, highlighting Conservative losses and NDP gains, with panelists debating the implications for Pierre Poiliev’s leadership.

Topics discussed

Intro and Payocity sponsorship PM Carney on trade talks and US 'shade' Lake Ontario renamed to Lake America Impact of tariffs on cost of living Cross-border economic interdependence US public opinion on tariffs and retaliation Manufacturing job losses and tariff revenue Supply chain risks and US Treasury holdings Public approval of Canadian retaliation By-election results: Liberals, NDP, and Bloc Conservative losses and future by-elections Panel analysis: Liberal dominance and Tory struggles Pierre Poilievre's leadership under scrutiny Conservative caucus loyalty and strategy Outrage over insults to Canadian cadets Negotiation tactics and closing thoughts
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