For weeks, I have been sounding the alarm on this blog and across social media about the dangerous path Canada is on. Now, the consequences are clear.
President Trump has canceled all trade negotiations with Canada after uncovering yet another backstabbing move by Prime Minister Carney against the United States. Canada now faces a stark “Take it or Leave it” trade ultimatum from the U.S.
This is devastating news for Canada. Carney’s actions have severely damaged relations with the world’s largest economy, jeopardizing Canada’s economic future.
As I’ve repeatedly warned, Canada cannot afford to be “the last country to negotiate a trade deal” because “the last will absolutely lose” (Eric Trump, X, April 3, 2025). Carney’s missteps have made an already precarious situation far worse.
Contrast this with the United Kingdom, Canada’s mother country, which has wisely seized the opportunity to secure a trade deal with the U.S. early on. The UK’s foresight should be commended. Meanwhile, Canada—despite being the second-smallest G7 economy—has failed to follow suit, blinded by arrogance.
Canada now stands at a critical juncture, and the cost of this failure will be steep.
UPDATE:
President Trump has announced earlier on a Fox News conference that the “Take it or Leave it” letters would result in flat, across the board tariffs of at least 25%.
Read more:
E: LDALINDA@DALINDA.NET • TEL: 416-725-7170
Be sure that you SUBSCRIBE to this blog to be the first to know of new listings even before they hit MLS! Stay tuned. The Subscribe link is to the left of this post.
Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
Follow @LukeDalinda on Instagram!
View all current and past Palace Place listings for sale here.
Luke Dalinda, Realtor. Royal LePage Real Estate Services Ltd., Brokerage.
View all current and past Palace Place listings for sale here.