Finally, A Chance to Talk About Something Other Than Tariffs
Guests: Frank McKenna, Deputy Chair, TD Securities
Host: Peter Haynes, Managing Director and Head of Index and Market Structure Research, TD Securities
For the first time in four months of our podcast series, the focus of Frank's attention is not centered around tariffs. This month Frank starts with a detailed analysis of Prime Minister Carney's cabinet, a carefully constructed team of ministers balancing geographic, gender and ethnic interests from across the country. Frank addresses comments from Alberta's Premier Danielle Smith on separation, suggesting she would be better off leading than following her base of support. On a positive note, Smith seemed more bullish on the prospects for energy infrastructure builds across the country following comments from Quebec Premier Legault, who previously did not support building pipelines through his province. Frank discussed Prime Minister Carney's visit to the Whitehouse where he received good marks for his messaging on Canada's sovereignty which did not require confrontation with the President. We then move the discussion to global issues, covering handshake trade deals, the conflicts in Ukraine and Gaza, which Frank suggests are closer to the end than the beginning, and the recent flare up between Pakistan and India in Kashmir. He finishes with a suggestion that the Jays are better than their record, a point of view that was not supported by the normally bullish podcast host.
| Chapters: | |
|---|---|
| 1:28 | The Carney Cabinet |
| 6:21 | Smith and Alberta Separation |
| 12:50 | Spending on Energy Infrastructure |
| 21:53 | Bullish Tone for Canada |
| 28:50 | Carney and Trump |
| 34:36 | Trump and Tariffs |
| 40:30 | Is Trump's Nobel Prize Slipping Away? |
| 43:31 | India-Pakistan Flare Up |
This podcast was recorded on May 21, 2025.
Full transcript to come.
