Rabies-infested beavers

Rabies-infested beavers. Not an insult - a fiscal strategy. Canadians have stopped buying bourbon, started flying maple leaf flags in grocery stores, and ~ most importantly ~ handed Mark Carney the political cover to build infrastructure needed since the OG Trudeau. This week: why "size of the fight in the dog" beats a trade balance sheet, why 5% tariff coverage is somehow triggering a national identity crisis, and why America might be the Uncle Dennis of North America - took free money, overstayed the welcome, and is now shocked nobody wants him at Thanksgiving.

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Timestamps:

(00:00) - Welcome and Housekeeping

(00:35) - Canada Episode Setup

(01:05) - Trade War Rupture

(02:25) - Why Tariffs Now

(04:18) - States at Risk

(05:38) - Carney Strikes Back

(06:40) - Risk Tolerance Matters

(08:29) - Canada Consumer Backlash

(10:20) - Carney Fiscal Space Plan