Category: Tariffs

Mark Carney to Build a New Economy with the EU – It appears he is working for China and the EU, and not the Canadians.

Clark Savage1074

Prime Minister Mark Carney’s government has accelerated efforts to deepen Canada’s economic and security ties with the European Union, framing diversification as essential amid escalating trade friction with the United States. Official statements and actions indicate a strategic pivot toward Europe (and select other partners) rather than prioritizing new comprehensive U.S. trade arrangements beyond existing […]

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HF Sinclair posts a profit and closes its only Canadian lubricant (base oil) refinery. Not because of no profits, but it is not worth doing business with Net Zero Leadership.

Clark Savage1658

HF Sinclair Corporation (NYSE: DINO) just delivered its strongest quarterly results in years while simultaneously announcing it will retire the base oil refining assets at its Mississauga, Ontario facility—Canada’s largest (and essentially only significant) producer of Group II and Group III base oils. The decision comes amid a highly profitable lubricants segment, not losses. The […]

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Nearly Half of Canadian Manufacturers Are Moving to the US — A Self-Inflicted Wound from Tariffs, Uncertainty, and Costly Green Policies

Clark Savage793

A recent KPMG survey of 275 Canadian manufacturing firms paints a stark picture: 42% have already shifted some or all production to the United States or are actively planning to do so. Of those, 29% have made the move, while another 13% intend to follow — with 77% of the planners expecting the shift within […]

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LNG Supply Crisis Pushes Buyers Toward Coal, Natural Gas, and Oil: Energy Security Takes Center Stage

Clark Savage1444

The ongoing conflict in the Middle East, including disruptions through the Strait of Hormuz and damage to key Qatari LNG infrastructure, has triggered a sharp global LNG supply crunch. This is forcing buyers in Europe and Asia to pivot aggressively toward coal, oil products (such as fuel oil, naphtha, and propane), and alternative natural gas […]

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Iranian Official Says Hormuz to Reopen with New Toll Regime – Would Somebody Tell the Trump Administration They May Not Be Talking with the “Right” People?

Clark Savage436

In a statement that underscores the deepening fog of miscommunication between Tehran and Washington, Iran’s Ambassador to Russia, Kazem Jalali, told Russia’s Izvestia newspaper that the Strait of Hormuz will ultimately reopen — but only under new conditions set jointly by Iran and Oman, including transit fees for “services” provided in the waterway. “Of course, […]

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Iran’s Shadow War on the World’s Digital Arteries Tehran Threatens Global Communications Networks as Tensions Escalate

Clark Savage673

As the conflict between Iran and the U.S.-led coalition intensifies, Tehran is signaling a dangerous new front: the world’s undersea fiber-optic cables. Iranian state-linked media has explicitly warned that the concentration of critical data cables in the Strait of Hormuz creates a “vulnerable point” for the region’s digital economy — and by extension, the global […]

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