Something Massive Just Happened At The Canada-U.S. Border

When your prime minister and your party leader is, you know, a world -leading banker, economist, et cetera, the tone has been striking.

I wish I had some good news.Welcome back to Moose and Loose.My name's David.Today, we've got Donald Trump signing an executive order with new import rules and fees, which will be awful for all businesses, small businesses, big businesses in Canada.How will Carney respond to this?Trump's playing hardball here, and this doesn't look good.

Let's jump into this.What are we talking about today?Well, it's this coming from the White House.Strengthening Customs Enforcement.This dropped just, well, minutes ago.Time of recording this.

President Trump signing executive order here for changing the import rules into America.They're making it so all the low value goods that would flow into America now have to go through this strenuous process.There's numerous policies they had in place like a continuous bond.So when a company would import into America, they would have a bond on place, an annual bond.So if something goes wrong, there's money up front.And now that doesn't apply anymore.

There'll be one time bonds where they have to post that every single time they import into the country.What they're trying to do here is force companies to move to America.They're doing this by having, as it says here, requiring the IOR the importer of record, maintain at all times, tangible level of domestic assets.If you don't have domestic assets in America, then you have to hire a broker in America for a lot of money.We got Trump here signing the order himself.

using new technologies and new approaches.The idea here is to ensure that importers of record, other people moving goods across our border, are accurately reporting what they're bringing in, that contraband, that illegal goods aren't being brought across the border, and that goods being brought in are being accurately accounted for for purposes of duties and tariffs and all of the other things we require of importers of record.But this executive order will launch a series of bold new steps that I think we as an administration believe will result in thetightest, most controlled border in American history, following on, obviously, your success in closing the southern border and stopping the scourge of illegal immigration into the country as well.

It says prohibit a foreign IOR from filing informal entries.So this informal entry, this is what they're getting rid of where it's low value goods from small businesses.This doesn't happen anymore.You have to go through the strenuous process of posting a bond and going through heavy scrutiny and needing a broker.They're requiring people be validated by CTPAT or the Customs Trade Partnership Against Terrorlord if determined by the CBA to be eligible or use a CTPAT validated and licensed customs broker to file entries with CBP.They're requiring foreign tax identification supply chain verification data as it says disclosing foreign tax and global business identifiers providing detailed information about imported goods supply chain production methods such as manufacturer product identifiers.

What kind of money do you think this involves in terms of savings to our country?

I will guarantee you the first year it'll be at least 15 billion, the next year 25, and out there there's 80 to 100 billion that the tariff evaders are doing.Plus, sir, we're going to stop more of the fentanyl coming in, and we're going to crack down on counterfeits.This is good for America.

This is good for the people that elected you.It's good for the country.And we have fentanyl coming in 59 % less.Cut it by a number that nobody thought was even possible.We're going to get it a lot lower than that, but we haven't.And we did this in a very short period of time.

This is going to be a great one, sir.You didn't have the same moneymaker for us.And CBP has been doing a really great job innovating on this, sir.You've done a fantastic job.Thank you.Appreciate it, sir.

OK, we'll start on one.Oh, that's a good one.That's a nice one.

That's a nice one.I always find these signing moments a little bizarre because they're explaining the bill to him before he signs it.You would think they would explain it to him privately and then bring it out and he's like, oh, yeah, I know that one.Bring it in.Like, it just seems weird that he doesn't know what he's signing, but they're explaining it to him and then he signs it.But that's how they do it down there.

This is not good for Canada.This is, in fact, quite bad.I mean, there's other things here establishing a minimum penalty floor for not less than 50 percent.They're going to be cracking down on people while trying to violate these rules.We've got determined that prohibiting foreign IORs from filing filing informal entry pursuant to regulation, etc., etc., increasing requirements on foreign IORs to use formal entry.This is going to crack down heavily on small businesses in Canada that sell in America because it just will be too expensive to do so going forward unless they can get someone on the other side or they have a way of getting it in there that follows these rules.

Let's just break down exactly what's going on here.Trump is using this as a massive negotiating chip against both Mexico and Canada.We're doing the USMCA negotiations right now.It's no surprise he's doing this.This is not great for Canada.This is going to kill cashflow of smaller exporters into America.

This informal entry that they're getting rid of, of low value goods.which come from small and medium sized Canadian businesses will no longer have the ability have their goods flow into America without them going through their formal, highly scrutinized customs entry process.This is going to tie up millions of dollars of corporate capital as they used to use continuous bonds, which they would just pay one blanket annual fee that would cover the shipments that go in.Now they have to do it on a per entry bond basis.And this is basically, as I mentioned, this is forcing companies to either set up a location in America so they have a domestic location to avoid all these fees, or you have to get a bond broker who have to take on 100 % of the legality and the financial risk of the goods being imported into America.And obviously, if anything gets snuck in there, like the street fennel, any sort of funky monkey, then there's

to be on the hook for that.So a lot of brokers are not going to want to take that risk or the fees will be really high.Now, the question is, how will Carney respond?Will he just applaud Donald Trump for making America great again, strengthening America and strengthening Mark Carney's 91 percent investments in America?Or will he fight for the country that elected him?Somehow, I don't think so.

Meanwhile, in Canada, we're in a recession.And yet what do we have on the CBC?David Cochran fighting for the liberals, saying it's only the conservatives calling it a recession.

You're the only.only group calling it a full -blown recession like who else in the country is calling it a full it's not cd how it's not the bankers it's not the business groups it's not the business community part of being a credible it's not the business community are you kidding me i could ask for business owners to post in the comments right now and there would be dozens of business owners saying we're in a recession steward of the economy as a government in waiting is to like properly analyze assess and define what is happening in the economy you're the outlier here Well, two consecutive quarters of negative GDP is the definition of a recession.A technical recession.

A full -blown recession is the language you're using.And it's three quarters out of the last four.I recall the technical recession, if you want to call that, in 2015, the last year of Prime Minister Harper's government.I'm not sure we spent as much time about the technicality of that recession then.So I think it's completely fair and honest to point out that You know, the data indicators are suggesting significant weakness in the economy.If we want to disagree about whether it's a technical recession or a real recession, fine.

But the economy is not as strong as what Canadians would like it to be.

Absolutely.No argument there.But when 75 percent of your exports go to the U .S.and the U .S.

is turning the world upside down and shaking it to try to get change out of its pockets, how do you avoid a bigger hit than the other G7 comparators, even the other G20 comparators who aren't as deeply integrated with the economy?States as we are.

It's a great question and a very good point, but what about Mexico?Is Mexico in a recession?

No.I think the structure of their economy, the standard of living there, their wage.

Oh, that's right.It's the structure of their economy.That's why they're not in a recession.This is embarrassing.This is liberal media.This is not nonpartisan, unbiased media.

The CBC should be ashamed of themselves.Because it's all very different.

I would say, but they're very trade exposed to the U .S.as we are.Of course, Canada is going to see some difficult challenges given our exposure to the S but remember it's this government that says we have the best trade deal with the US and 85 % of the Canadian goods actually go into the US tariff -free so If like, can all these things be true at once?It's possible.But I think it's fair and frankly, our duty to point out that the economy should be a lot stronger and there's things the government could do to make that happen.

Yeah, those strategic sectors that are getting hammered, though, that's painful stuff.

This is just embarrassing.Now we've got Trump removing the easy access to sell Canadian goods in America.What's Carney going to do?Probably applaud Trump.It didn't take long in the comments here.myself and my next gen, because life is unaffordable in Canada.

People are looking for a better life and it's not here.And we got an update here on this Senate vote regarding Bill C -9, trying to slip in the residential school denialism into the bill.Well, there's 41 nays against this, the 32 yays.So this is not going through.Thank goodness.This is suppressing free speech like this is preposterous.

We're going to turn into North Korea.We got another update here.This is coming from Conservative Senator Denise Batters.We've got the postcards.These are the ones that the Liberals were hiding in a Quebec warehouse.There's 250 ,000 postcards or letters that Canadians sent in angry about Bill C -9 that they were going to destroy.

Well, they're getting them now.Look at this.Just boxes and boxes of angry letters from Canadians.Liberals didn't even want to read them.Just destroy them.That's what they think of us.

We got this coming from the Globe and Mail saying military asked personnel in Capital Region to return field gear citing critical equipment shortages.That's right.So this article goes on to talk about backpacks, uniforms, you name it.They're asking for all this stuff back from personnel who don't immediately need it right now.personal kit including backpacks, fragmentation vests, which are used to hold body armor plates to protect the wear from shrapnel and shell fragments.Your cooperation is essential to the success of this effort.

" The email reads, deployed.

It's not exactly, to Dimitri's point, 2015, it's not exactly going gangbusters.What about that?

Well, we also didn't have this level of global uncertainty at that time.And we didn't have a war in the Middle East.We didn't have Donald Trump reacting the way he reacts.So there's so many external factors here.Now, if you can ask a lot of economists who will say there's no such thing as a technical recession, you are either in a recession or you are in a recession.a recession.

And in Canada's GDP shrank by 0 .1%, which is not even a recession.It's a rounding error.When Stats Canada looks at the numbers again, it could very well not even be that.So we're looking at April numbers already on a growth.I think all this is, is politics.This is pure, probably a plain politics, probably why you're not hearing the prime minister use the term.

But on a per capita basis, No, because he knows that then he would be admitting it and that soundbite would get pushed out across Canada.This is so disingenuous, but I'm not surprised.It's Sharon Kerr.This Sharon Kerr, this is a badge of honour, her blocking me. I don't think Canadians who have lost their jobs will say, oh, it's a rounding error.These statements are deplorable.

We might not even be in this position.

Next month, we may not be in this position.Get real, Jamie.

Does it is it are the conservatives on point here or what?Where where do you think?Does this does this does this have legs for them because it tells a story of the previous 10 years linking it to where we are now?

So I don't think it does much for them in linking it to the previous 10 years, Graham.And the reason why is all that's doing is reinforcing Mark Carney as an agent of change after 10 years of Justin Trudeau's disastrous government.

So I think when you look at the The same Mark Carney that was the economic advisor to Justin Trudeau.And Pierre's not really tying this to Justin Trudeau over the past 10 years.He's tying this to the past 365 days.It's quite clear from the House of Commons there.He barely, I don't even know if he mentioned the past 10 years, maybe once.It's mostly just from the past year because Carney could have already turned this around.

We've got this wartime footing.Where are the results?Have we seen enough of that?And I think that gets to where people are feeling, right?

Absolutely.We're a year now into a Carney government, or a little bit past that.They have made broad commitments in the last election, including subsequently in the last year, that now need to be delivered on.I will say they're moving at a speed and agility, though, that we haven't seen in many governments over, frankly, multiple decades and of all stripes.

Just imagine some people's brains in Canada actually operate like this.Oh, they're operating at speeds that we've never seen before.These people can't be real.I think it's time to start doing IQ tests for people who go on national television.This lady is so unbelievably clueless.World leading economist banker.

Tell that to the people of England.They're not happy with his performance over there.What has it got us?It got us a whole bunch of deals that, well, aren't good for Canada, such as when he went to India, all these deals here.Carney goes and meets with this guy here, one of the richest billionaires in India.This guy has an entire tower that is just his house.

I know this because I did an entire video on this on my other channel that got deleted maybe like six years ago.This is Mukesh Abani of Reliance GIO.What do you know?Brookfield has deals with this company.Another one here, another one here, another one here, cell towers, natural gas pipeline.Carney has private meetings with this guy.

shot here.Meanwhile, this is his house.This skyscraper in India is that guy's house.This here.This is his house.This is who Mark Carney was meeting with.

The same company has multiple deals here with Brookfield.So she says, Carney's going and getting deals for us.He's not getting deals for us.He's working for Brookfield right now.Not to mention going and meeting with the Tata group.What do you know?

Brookfield has deals with them too.If this is Canada's best that they can muster on television, then we're in trouble.And when you have leftist media, like we see on this panel here, to the point where there's not even a conservative voice on here.And this one's a different topic.They're talking about the surveillance aircraft from Sweden.But I mean, every single one of these pundits are lefties.

They've got a lady here from Alberta.She's also a lefty.They got some guy here wearing Spider -Man underwear, some sort of jumpsuit.They're all lefties.A petition have a constitutional requirement.

It's the government of Alberta who accepts that petition.You have the duty to consult and work with anything that involves any impacts.

So this guy just makes up some stuff as if he's some sort of lawyer and he doesn't know what he's talking about.You got this guy here from La Presse.I mean, these panels are filled with lefties now.There's not even a conservative voice on this one.Now ending this episode off on a lighter note, we've got this coming from Brampton, Ontario, says Brampton man catches a ride on the back of a transport truck, just as you'd see in India.Look at this.

Okay, yeah, this is not India or Pakistan.You're not allowed to do this in Canada.Let's make this abundantly clear.You can't do this in Canada.You can't even sit in the back of a pickup truck anymore in Canada, let alone on a transport truck.I can only imagine what this van is thinking.

Welcome to the new Canada.