Politics & Policy

Geopolitics meets Major League Baseball

May 27, 2026

Guests: Frank McKenna, Deputy Chair, TD Securities and Paul Beeston, Former President, Toronto Blue Jays

Host: Peter Haynes, Managing Director and Head of Index and Market Structure Research, TD Securities

Frank and Peter found heaven in the May episode of Geopolitics with the marriage of a live audience for Episode 78 before a Jays game at the Rogers Center and a special guest appearance in the second half of this podcast by former Toronto Blue Jays President Paul Beeston to talk baseball. Frank covers a wide range of topics in the first 30 minutes including his view on the wars in Iran and Ukraine as well as Canadian hot button topics such as the upcoming CUSMA negotiations and the upcoming separation vote in Alberta. He also takes a moment to remember the life of his friend Robert Irving from Moncton who passed away recently.

The conversation shifts to baseball where two kids in a candy store named McKenna and Haynes lined up to ask Beeston everything he knows about baseball including his view on the Jays in 2026 as well as the pending labor negotiations between players and owners. Beeston offers his thoughts on the electronic review of everything in baseball, an outcome he would not support and finishes with some thoughts on 50 years with the Toronto Blue Jays organization.

Chapters:
1:10	Remember Robert Irving
3:52	Are We Nearing the End of the Wars in Iran and Ukraine?
15:33	Global Investors Turn Bullish on Canada
21:44	CUSMA Rhetoric
29:00	Premier Smith's Dangerous Gamble on Sovereignty Vote
39:07	Beeston's 50 Game Review of Blue Jays Season
47:34	Can Major League Baseball Avoid a Strike?
54:38	Beeston Says No to Review of Every Umpire Decision
1:14:02	Memories from 50 Years with the Blue Jays

This podcast was recorded on May 25, 2026.

Full transcript to come.

Disclaimer

This podcast should not be copied, distributed, published or reproduced, in whole or in part. The information contained in this recording was obtained from publicly available sources, has not been independently verified by TD Securities, may not be current, and TD Securities has no obligation to provide any updates or changes. All price references and market forecasts are as of the date of recording. The views and opinions expressed in this podcast are not necessarily those of TD Securities and may differ from the views and opinions of other departments or divisions of TD Securities and its affiliates. TD Securities is not providing any financial, economic, legal, accounting, or tax advice or recommendations in this podcast. The information contained in this podcast does not constitute investment advice or an offer to buy or sell securities or any other product and should not be relied upon to evaluate any potential transaction. Neither TD Securities nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the statements or any information contained in this podcast and any liability therefore (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed.

Frank McKenna

Deputy Chair, TD Securities

Frank McKenna
Deputy Chair, TD Securities

Biography

As Deputy Chair, Frank is focused on supporting TD Securities' continued global expansion. He has been an executive with TD Bank Group since 2006 and previously served as Premier of New Brunswick and as Canadian Ambassador to the United States.

Peter Haynes

Managing Director and Head of Index and Market Structure Research, TD Securities

Peter Haynes
Managing Director and Head of Index and Market Structure Research, TD Securities

Biography

Peter joined TD Securities in June 1995 and currently leads our Index and Market Structure research team. He also manages some key institutional relationships across the trading floor and hosts two podcast series: one on market structure and one on geopolitics. He started his career at the Toronto Stock Exchange in its index and derivatives marketing department before moving to Credit Lyonnais in Montreal. Peter is a member of S&P’s U.S., Canadian and Global Index Advisory Panels, and spent four years on the Ontario Securities Commission’s Market Structure Advisory Committee.