Wednesday Oct 29th

An hour long discussion of the news of the day.

Episode Transcript

Speaker 1 (00:00):
This is the Tim Power Show on your VOCM. The
views and opinions of this program where not necessarily those
of this station.

Speaker 2 (00:09):
Here's Tim, good to be with you today. Everybody, Wednesday,
October twenty ninth, two days before Halloween. Let's look forward
to something that's gonna be cool. And of course there's
gonna be Game six on Halloween nights, after people are
done their trick or treating, they can sit down and
watch that. Hopefully, hopefully it will be a game where

(00:29):
the Toronto Blue Jays can capture the World Series. But
we'll see what happens after tonight. We are gonna start
there because we've got a lot of tough news and
economic news and political news to get into it. But
I have to tell you what I thought was a
funny story, and I think most people in this audience
at a certain age will appreciate it. We were sitting in
our lunchroom, as we often do because we'd like to

(00:50):
have lunch together our office does, and chit chatting, and
we're talking about the baseball game. And I said to
a colleague of mine, who also grew up in New Fundo,
was on the show last week, Jim Murmur, I said, hey, look,
did you see Mary Heart behind the home plate at
the Dodgers game last night? And he said yes, And
I said, yeah. Remember how influential she was and how

(01:12):
prominent she was. And people are looking at us. Everybody
thirty five and under is looking at us, like, what
are those What are Standler and Walder talking about in
the balcony there? Who's this Mary Heart? Well? Who's Mary Hurt?
You guys know, arguably one of the most influential television figures,
particularly an entertainment television in the eighties and nineties. I thought,

(01:37):
oh my, do we have to give them a lesson?
Before TMZ, before TikTok, before all of the social media streams,
Mary Heart told us what was going on with all
the celebs. I hope Zach's coming up in a minute
news Who Mary Heart is? We'll find out, so, Zach,
if you don't google, I'm going to ask you some
skill testers on Mary Heart in a moment. And then,

(01:57):
of course that game went on. Thankfully it wasn't a
teen innings ninety six' to two. Win and you gotta
love that. TEAM i was talking to somebody in the
sports world about. This today they work together to. Win
they don't have the, payroll they don't have the same
big stars as The, dodgers but they. Do it is
not going to be, easy even though it's too too
and maybe people see them as being farther than they

(02:19):
could have gone or should have. Gone not going to
be easy to beat this. Team it's a two out
of three series, now and That dodgers team is going
to come with some halft and wait and try and.
Win but This Blue jays, team there's a lot to cheer.
About all, right we'll keep watching. That And zach can
still do his. Research he's got about two more minutes
BEFORE i come to. HIM i have to tell you

(02:41):
about this. Too speaking Of, americans And Mary hart is
An american and much, loved much loved To newfoundland And
labrador and around the world for the way she broadcast entertainment.
Tonight also google that if you don't know what that.
Is but there's this story that's getting lots of attention
In ottawa and it has nothing to do with an.
ELECTION us ambassador To canada goes on expletive laced tirade

(03:04):
At ontario's trade. Representative witnesses, say let me read you
a little bit of this because it's a bit of
an enjoyable, tale though not for THE, us not for
THE us. Ambassador THE Us ambassador To canada delivered an
expletive lead and tirade At ontario's trade representative and an
event On monday In, ottawa multiple sources TOLD. Cbc words

(03:28):
spread quickly through some of the most powerful circles In
ottawa And washington after an encounter which had happened during
The Canadian American Business Council state of The relationship event
The National gallery Of. Canada, typically the high profile gathering
is used to network and celebrate THE us, relationship draws
a mix of cabinet, ministers diplomats and business. Leaders Monday

(03:51):
nights events Drew Foreign Affairs Minister anita and Dominic, leblau
the minister responsible For CANADA us. Trade witnesses said they
saw THE Us, Ambassador Pete hoakstra launch into an expleted
latent tirade At ontario's trade, Representative David. Patterson one witness
Said hoakstra appeared to be upset about the anti tariff

(04:14):
ad that the province recently ran on television in THE
us and was, infuriate which Infuriated Donald. Trump the witness
Said hoakstra could be used heard using THE f word
and also Mentioned Ontario Premier Doug ford by. Name and
it goes on from. There is that behavior fitting a.
Diplomat this is the same man, who of course was

(04:35):
complaining he Found canadians to Anti. American. DUH i don't
think we're Anti, American. AMBASSADOR i think we're just a
little frustrated with your. President and your behavior doesn't, help,
sir doesn't help. You can't you push everybody around and
not assume there's going to be a bit of a.
Pushback Stop, sulkin start. Working that's my quick. Editorial all,

(04:58):
right what do we got on the show in thirty?
Seconds we've Got Zach after, that we've got our Friend
Larry short to talk about Today's bank Of canada rate.
Cut then we have somebody from The Economic council Of
Canada Atlantic Province's Economic, COUNCIL i should, say to talk
about their business. Outlook then we've got our friend Doctor

(05:18):
Amanda minter to dive into the cabinet swearing in today
and the. Messages and we've Got michelle north over from
the y joining us to talk about some medals and
awards they're handing. Out all, Right, ZACH i bought you
a lot of. Time Mary. Heart give me what you
know about?

Speaker 3 (05:33):
Her?

Speaker 4 (05:34):
Please, Hey, Tim so it's Actually Richard Dugganan Will.

Speaker 2 (05:37):
Richard i'm, sorry, sorry all, Right? Richard now all, right
what do you? Know what do you know ABOUT.

Speaker 4 (05:43):
I actually know very, Little?

Speaker 2 (05:46):
Richard, Really, Uh, claudette can you Give richard a? Note
i'm feeling, Old, Richard i'm feeling. OLD i called, You,
zach but NOW i feel, old not Because i've forgotten your,
name but just because you didn't Know Mary heart. Either all?
Right moving From Mary heart to cabinet swearing in S,
RICHARD i know you know. That, yes what are the

(06:07):
highlights of the swearing? In what would you? Say the
highlights are Absolutely.

Speaker 4 (06:11):
Tim, SO i will do my homework On Mary, heart
But i've already done my homework on the cabinet swearing.
In so there are a couple of interesting notes to
tell you about out of the. Cabinet what we know
now about the. Cabinet of, course we had there's a
little bit of speculation over the last couple of weeks
since the election of who would be put, where and

(06:31):
there were Some Supreme, YEAH i guess you could say
surprising moves about where some people ended. Up so a
couple of the highlights here we Have Barry, petton he
is The Deputy premier And Transportation. Minister you Have Leela
evans who is both The Health minister And Labrador. Affairs
you Have Craig party who has been put in as

(06:54):
The Finance. Minister and you have Pauled in who has
been put into the education. Portfolio some of the highlights
there tim of. People, oh and another one that is
important to mention a campaign promise that Mister wakem had
made was that he was going to create a standalone fisheries.
Minister he did do, that so now you Have Loyola

(07:15):
Oh driscoll is in that role and the other half
of that, portfolio which used to be A, Fisheries forestry
And agriculture that is Now pleman forestc has become The
minister Of, Forestry agriculture And. Lands so that's just some
of the highlights right. Now it's a fourteen person cabinet
thirteen if you're excluding The, premiere and we have all

(07:36):
the details about who's where and sort of some of
the details of what each of those portfolios on tail
on vocm dot.

Speaker 2 (07:44):
Com thank, You richard Not. Zach HAD i read my
notes that you And claudette we're, SENDING i would have
known it was. You but now THAT i have, You Craig,
party what can you tell us about his? BACKGROUND i
know he's been to DAY matchaef While i've spoken to him.
Before he seems at least presents as very. Competent what

(08:04):
is the background that may lend Mister party skills to
serving As Finance?

Speaker 4 (08:09):
Minister absolutely so from What i've, Known i've interviewed him
a couple of times over the last couple of years
in his role as an opposition. Critic WHAT i can
tell you about him is that he's a former school
principal and that we were told today because we were
asking about, why you, know he would have been put
into this, role and you know it's. He we're told

(08:34):
that he's very good with, numbers and if you just
look at his demeanor that we've seen over the course
of the last couple of years and dealing with him
in his opposition roles very calm AND i would say focused,
presence WHICH i think is what people are sort of

(08:55):
or at least as a, leader you're looking for sort
of that kind of a presence to go into a
finance sort of role because there's a lot of numbers
to dig. Into you, know that department is dealing with
one of the biggest documents that, government any government can
really put. Together of, course that is the yearly. Budgets
so that's sort of some of party's. Background AND i

(09:18):
don't have a whole lot of specifics other than he's
a former school, principal but that's sort of some of
the reasoning as to why he was slotted into that
particular role in.

Speaker 2 (09:27):
CABINET i thought it was also Interesting Richard Andrea barber
got a cabinet, role and perhaps one that's well suited
for her given her social media experience and influencing. World
she's been Made minister Of tourism And film New. Foundland
that seems clever just on the. Surface what do we
know about?

Speaker 3 (09:45):
That?

Speaker 4 (09:46):
Absolutely AND i mentioned off the top tim that there
were you, know in looking at this swearing, in there
were a couple of. Surprises you, know some people that
we thought were going might have been going one way
and some people that went. ANOTHER i think in talking
with folks over the last couple of. Weeks Andrew barber
in the tourism portfolio is one that's come up a,

(10:07):
bit so that wasn't necessarily a, surprise but we do
know about her social media, presence you, know and some
of the videos that she's been putting, online so sort
of heading into that sort of a, realm into the
tourism and culture, area it does seem like a good
fit based on that sort of a, background so it'll

(10:28):
be interesting to. See. Now what is interesting about this,
cabinet tim is That Andrea barber is one of just
two new faces to. Cabinet everybody else that was named
to cabinet today are our, incumbents people who have already
served in opposition. Before so it'll be interesting, now particularly

(10:51):
from what we were told, today it doesn't look like
there's going to really be a false sitting of The
house because they need time for each of their ministers
to get acquainted with their portfolios and figure out what
sort of legislation they're going to bring. Forward so it
will be interesting to see in the new year how
ministers Like Andrew, barber who are new to the political

(11:13):
realm will handle themselves in The house Of assembly and
in their portfolios and how they respond to some of
the situations that are going to be arising.

Speaker 2 (11:23):
If there's no fall sitting and no speech from The.
Throne and just so people, know, though we got a
pretty smart, audience as you, Know. Richard The speech from
The throne usually sets out the agenda for the, government
what they're going to, do and talks about the legislation
they're going to bring. Forward it's usually a pretty big.
Moment if that's not, coming what is the new? Premier
Mister wakem said about what's the Fall his fall agenda

(11:46):
is going to be other than his ministers getting up to.

Speaker 4 (11:49):
Speed absolutely, well there's not much a whole lot else
to say are than that it's going to be a
lot of. Meetings we do Know Tony wakem's first one
of his first acts as premier tomorrow he said he's
going to release the resignation resignation letter Of Michael. Wilson,
now for people that name might sound. Familiar he was
the man that resigned from the oversight panel that was

(12:11):
put in place for reasons not quite able to be,
explained because he had a non disclosure agreement that was
sort of binding what he could and could not say.
So during the news conference, today Mister wakem told us
that tomorrow that letter will be released and that he
will be releasing at least in, part Mister wilson from

(12:35):
HIS nda so they can more freely speak about his
involvement in the panel and his reasons for resigning from that.
Panel so that'll be one tangible thing now that we'll
be waiting for for tomorrow in terms of a whole
host of other things that Mister wakem's going to be
doing now as he really digs into this one. Thing

(12:57):
he's said he's going to be talking about talking to
equinor About Beta nordon sort of some of the promises
that were made. There he's also going to be digging
into the MoU. Situation he said that that the oversight
or sort of the independent review that they had, promised
they're going to get that up and running over the

(13:18):
next couple of. Weeks so that's Really those are a
couple of the main things the starting points that Mister
wakem is going to be starting, with AND i guess
we'll see now over the next couple of weeks how
some other you know what else might come to the
fore now as he really digs into the information he's
got in front of.

Speaker 2 (13:37):
Him All, right last one for, You, richard BECAUSE i
know you've had a busy. DAY i gather there was
A i don't know how to frame, IT a slight,
bit a little, bit you can give me the right
adjective of controversy that followed some of the questions to
The premiere today dealing with the role of one of
his transition team, Members Steve Oudhouse Steve. OUTSE i will

(14:00):
DECLARE i Know, steve have known him for. Years steve
is on the transition. Team he has worked in different
campaigns In, Alberta New brunswick that has caused some people
in different sectors to be, concerned to have some concerns
about how that may influence The premier's. Agenda Jim din
has written a. Letter what can you tell us about?

Speaker 4 (14:22):
That, yes, so just for a little bit of, Background
Jim din did write a letter to The premier about that.
Situation basically concerns arising FROM i guess you could, say
some policies or initiatives that Mister outhouse had been involved
with in other jurisdictions and Mister din wanting The premier

(14:44):
to reiterate his commitment to THE lgbtq community and some
of these other. Groups when asked about Mister outhouse and
his involvement in his transition team, today Mister wakem was
very quick to to Mister outhouse's, defense saying that you,
know he's known him for a, while he's worked with

(15:05):
him in a bunch of different, fronts that he's a
stand up, guy and that he has. Integrity so he
was very quick to come to his defense now. Today
so he did say that he wrote Mister dinn, back
gave him a letter. Back he didn't go into too much,
detail but basically said that he believes that THE ndp

(15:27):
leader should be pleased with the response that he got from.
Him so he never gave any sort of detail. There
BUT i guess we'll have to wait and see now
How Jim dinn responds to the response that he got.

Speaker 2 (15:42):
A battle of letters set to. Begin, richard thank, you
appreciate the, Time thanks for the great work as, Always
thank you so.

Speaker 5 (15:49):
Much.

Speaker 2 (15:49):
Tim all, right that is Our Richard duggan giving us
a comprehensive report of today's swearing in and some of
the things around. IT i will just add On Steve
outhouse take. It you, know we can take my opinion
for what you want to take. It AS i have
Known steve for a, While i've found him to be
a reasonable. Fellow, yes he's a person of. Faith i've

(16:12):
never seen his faith interfere or cloud the political advice
that he. Gives but that is my, opinion my. EXPERIENCE
i actually admire a lot of the training and work
That steve and his wife do in terms of triathlons
on the. Like but, yeah you can SAY i have
a conservative. BACKGROUND i. Do, indeed just giving you my,
perspective we will certainly cover this story and we will

(16:33):
not sugarcoat. It just throwing in my two. Cents when
we come, back we'll talk to our Friend Larry short
about Today's bank Of canada. Decision back With larry in a,
moment back now to talk about The bank Of canada
lowering its interest rate to two point two five. Percent

(16:54):
let me give you a little bit of background and
we'll Bring larry. On The bank Of canada lowered the
interest rates to two point two five percent On, wednesday
but cautioned that monetary policy can't fix the structural economic
damage caused by THE us trade. War the economy has
been settled with higher cost and less income as a
result of THE us trade. War while The Central bank's

(17:15):
monetary policy can help the economy to adjust in these,
circumstances it cannot restore the economy to its pre terror
of path. Tiff, macklin The, governor suggests that if inflation
stays in line with The bank's current expectation hovering around
two percent, target The Central bank will hold rates at
the current. Level, larry great to have, You Larry Short

(17:37):
short financial ie Wealth. Management larry your reaction To Governor macklin's.
Announcement The bank's, announcement.

Speaker 6 (17:45):
Well not, unexpected pretty. Much we have seen a lot
of indicators of the economy slowing. Down the unployment rate
In canada is now seven point the inflation rate is
point four percent report In. September but the big thing,
is of, course the eventual economic impact of the effectively

(18:10):
trade war with THE. Us that this statement that business
investment In canada is essentially. Frozen companies are holding off
hiring because of the, uncertainty and so this is where we,
are and we still have not seen WHAT i think
is the really ultimate, effect which is that eventually we'll

(18:30):
start seeing the impact in THE us as the impact
of the tariff there take. Effect so we've probably got
a couple months here of ugliness before anybody really wakes
up and, says you, know we need to change something.

Speaker 2 (18:45):
Here The Monetary Policy report that comes with these things
said that the trade conflict is fundamentally Reshaping canada's. Economy
how fundamentally is? IT i, mean we can we see
Some we have some sense of, it AND i think
if you're In ontario and you're in the auto, industry
you have a much more pronounced sense of. It where

(19:08):
do we see this fundamental reshaping? Happening are in what? Sectors?

Speaker 6 (19:12):
Well because of the slowdown in. Expansion, essentially you, know
seventy five percent of our exports go to one country
and trying to diversify, that which is what The prime
minister is over In asia trying to do it as we.

(19:34):
Speak it's going to take a long time before that
really takes some. Traction, now what could give us some
traction is the budget coming up On november the. Fifth
the emphasis on eighteen major projects and the increase spending
that is expected could be enough to sort of Drag

(19:55):
canada back up from being in a full, on you,
know full on, recession depending on how deep THE us
recession really does. Hit but basically the rules have, changed
and the fact that our largest just trading partner has

(20:16):
become a hostile means That canada is going to be
affected in no Small manner's the old statement of years
ago was Primary trudeau saying that if if THE us
catches a co, yeah that's, right you've got. It oh
we get. Pneumonia, yeah that's kind of where we. Are
but in the midterm there could be some, opportunity particularly

(20:40):
if the spending on those programs coming out of the
budget are significantly above.

Speaker 2 (20:46):
Expectations But i'm looking at THE tsx, now the composite,
index and, yeah it's down right. Now this is a
down point nine seven, percent which isn't huge two hundred
and ninety four basis. Points As i'm looking the data
in front of, me the markets have been pretty. Good
why haven't the markets felt this to the same degree

(21:09):
yet the stress and. Strain, Yeah SO i think two.

Speaker 6 (21:14):
Things one is the fact that with the constraints that
THE us has put in, place and effectively what it's
done is killed, investments particularly in commodities in the short,
term which means any existing commodity companies that's producing, copper,
nickels in et, cetera are going to have almost all
competition and there's going to be a shorte of commodities

(21:36):
in the. Future so the market is forward looking enough to,
say let's buy into uranium, companies for, example right, now
because everybody else is kind of frozen, out and the
availability of the new investors to go into this particular
areas relatively. Low so existing companies prices then get pushed.
Up And canada's actually been outperforming THE us, markets AND

(22:00):
i Think february and out of THE, US i think
it's Golden sacks as saying that they expect that to
continue for the foreseeable, future first time since nineteen ninety
five that that's. Happened the second part, IS i don't
think there's a belief that this is really going to
go beyond the next eighteen. Months that somewhat similar to you,
know if you're at home In february and somebody walks

(22:22):
in the door and, say what do you have to heat?
On and you, say because the, temperature you, know so cold.
Outside they, said, well what's what happens WHEN i turn
to heat off and five minutes later they, said you,
know you're not feeling any. Colder it takes a while
for the temperature to. Drop it takes a while for
these tariffs to impact THE us, economy and sometime over
the next three to four months we think that will

(22:43):
sort of finally see the, impact and going into THE
us midterm elections coming in the fall By, june we'll
probably see a significant. Effect so we could see that
rebound happen if these tariffs are pulled.

Speaker 2 (22:57):
Away last one is on the. Budget you mentioned. It
it's coming Next. Tuesday it's been telegraphed in a very
sort of strange. Way we hear everything from generational investments
so justifying spending and high. Deficits what was at The
National bank had the deficit potentially being seventy plus billion
dollars to The finance minister today saying, yep there's going

(23:22):
to be. Cuts that also sending a message that there
is some form of austerity in. There what are you looking?
For what will constitute a sensible? Budget to? You what
are you looking for next?

Speaker 6 (23:36):
Week larry good sensible? Budget we haven't seen it in,
many many. Years always the case that the the The
ballance budget is always two years, away and every single
years another two years. Away so don't affect anything that
looks like a balanced budget except them saying it's going
to be two years. Away so that's, fun RIGHT. P.

(23:57):
TWO i wouldn't be surprised to see the deficit one
hundred billion. Dollars and the statement is that they're going
to be investing in infrastructure that is an investment in the,
future rather than in service programs. Themselves, Right SO i
expect a large, deficit very, much but also significant spending

(24:19):
on things Like harbor's potential gas, pipelines et. Cetera that's
that's the impression THAT i, get And i'm joking to my.
FRIENDS i think that THAT i don't know how much
of a joke it. IS i think That prime Mister
carney is the best conservative prime mister that we've seen in.
Years he seems to, be you, know really laying down

(24:46):
the law within his. Departments i'm getting feedback from from
business owners who have met with his, ministers and they
seem to be, very very business. Oriented so let's see
what the numbers look. Like but don't be surprised to
see one hundred billion dollars on that deficit.

Speaker 2 (25:02):
Number, yeah we're a long way away from to use
another historical reference point when Mister kretscha And Paul martin,
said if we didn't act to get our spending under,
control and we didn't act to deal with our, deficits
The canadian dollar wouldn't be worth anything more than The mexican.
Pay so a long way away from, That. Larry nobody
seems to care about deficits, anymore but there they. Matter

(25:24):
you AND i will talk about that another. Day appreciate
the time as, Always.

Speaker 6 (25:27):
Thank you my pleasure of.

Speaker 2 (25:29):
Sense All, right that Is Larry Short Short FINANCIAL i a.
Wealth we're going to keep talking about the, economy but
we're going to take a break. First when we come,
back we're going to talk about The Atlantic Economic Council's
Business outlook conferences happening In halifax. Tomorrow standby for. That

(25:50):
The Atlantic Economic council is launching one of their twenty
twenty Five Business outlook conference tomorrow In. Halifax it's going
to the conference will be In Saint john's A november.
Thirteenth In Saint john's And. Halifax The Business council is
going to Have Patty lovett. Read, patty of, course is
the FORMER Ctv Chief Financial commentator And SENIOR vp OF

(26:12):
Td Waterhouse. Canada to talk to us about the business
outlook Is Patrick. Brandon patrick is a senior researcher with
The Economic. Council, patrick good to have you. Today how
are you.

Speaker 3 (26:25):
Doing i'm very, Good Thanks, tim happy to be.

Speaker 2 (26:29):
HERE i don't want you to scoop, yourself BUT i.
DO i, mean what what? What what are people likely
to hear about tomorrow and In Saint john's when they
come In, november maybe scratch the surface a little, Bit, Patrick.

Speaker 3 (26:45):
Yeah, ABSOLUTELY i MEAN i think we all know that
the firms are struggling a bit with the uncertainty south
of the. Border so you, know the, tariffs the shifting
trade issues that are happening are causing a lot of
uncertainty for firms and that's that's how the impact on
our economy because it impacts you, know our ability to,
export our ability to make investments in our businesses because

(27:09):
there's so much. Uncertainty so that's something that we'll definitely
be talking on quite a. Bit and as, well you,
know there's other shifts going on around population, changes the
growth and population, slowly and we're also seeing some you,
know some other shifts and construction in The New Atlanta.
Laborador so there's lots of you, know bits and pieces
that we want to talk. About defense activity is expected

(27:32):
to pick up across the, country you, know on the
positive side of. Things so just how that all kind
of weighs out in terms of The atlantic economic growth
over the next year or. Two and then we'll of
course talk of more specifics In Saint john's when we
talk about The New fatland.

Speaker 2 (27:46):
Economy interesting. Too you touched on immigration certainly a huge,
issue and we've talked about demography and the challenges in
all Of Atlantic canada, previously but one of the real
frustrating issue, es particularly for our economic driving universities In Atlantic,
canada is also immigration and the caps that have been

(28:08):
put on foreign students coming To. Canada we just saw
report from The Atlantic universities about. That what can you
share on that? Front will that be part of the
discussion as?

Speaker 3 (28:19):
Well, yeah it is is one of the you, KNOW
i guess the two things that we're looking at in
terms of drivers of the trade issues and the population.
Changes so in In New, Atlanta. Labrador it's you, know
over the last you, know twenty, two twenty twenty, three
twenty twenty, four they were averaging about five to six
thousand additional people per, year and now this year it's

(28:42):
down to about we're wrestling in about fifteen, hundred maybe
about twelve hundred next, year and that's because you, know
immigration is. Lower we're not getting as many people from other,
provinces and as you, mentioned the non permanent movement of
people is at turning, negative so the international student and
the temporary form. Workers and that's on top of a

(29:03):
net natural rate that's very High new Fland e labor
or a lot more deaths than. Birth so the immigration
is basically holding the population positive at the, moment but
it's also declined a.

Speaker 2 (29:14):
Bit, yeah it was interesting yesterday and maybe we'll see
more in the federal budget next. Week it was reported
somewhere and this has been around for, ages as you, Know,
patrick That canada is going to try and speed up
credentialing of newcomers To, canada and certainly as it relates
to the healthcare professions In Atlantic, canada we know that
is that is a key. Issue need to ask you

(29:36):
about and maybe this will be spoken to In Saint,
John SO i will ask you you can tell us
you're following all of the, trades but who couldn't, be
particularly in the line of work that you. Do lots
of attention going to. Forestry The Premier ebs certainly spoken to,
That Lanta, paine Doug, ford others spoken to. Autos our

(29:57):
seafoods are getting, whacked albeit by Char what will there
be anything in the conference about the other trade, challenges
not just from The United, states but also from The.

Speaker 3 (30:08):
Chinese, yeah that's definitely the one that's hitting us In
Atlantic canada is the seafood side of. Things and you,
know we look at the numbers right, now we do,
see you, know pretty big reduction twenty twenty five percent
of shipments To china in different provinces and, crabs a
big one that's been Hitting newfoundland And. Labrador but you,

(30:28):
know they've adapted a, Bit they've shifted more To european
AND us markets to offset. That so that has, helped
AND i think that's what we will have to. Do
that'll be one of the messages of the, event AND
i think certainly a message from the federal budget that's
coming up next, week that we need to look beyond
THE us for markets to diversify away from a very

(30:49):
unreliable trade partner at the.

Speaker 2 (30:51):
Moment last one for You, patrick projects of national interest
In Atlantic. Canada we have always had some on the
front burner and they have been. Significant you, know well
In newfoundland And labrador a controversial project of national, interest
one that the new government Of newfoundland And labrador has

(31:12):
a different perspective. On then the previous one Is Churchill
falls and the MoU Between quebec And. Newfoundland where will
national interest projects and the like fit in the?

Speaker 3 (31:23):
Conference, YEAH i think that's an important area of growth
potential for the. Region, now the first wave of projects
that they're looking at are not in the, region but you,
know there will be some supply chain OPPORTUNITIES i would
expect from some of these from some of these, projects
and you, know if we move into other you, know
even the critical minerals, piece you, know has a lot

(31:45):
of opportunity For labrador, Especially so you, KNOW i think
we may see some of those things as part of.
It you, know the couple that were mentioned In newfoundland
And labrador, specifically We're Churchill falls and other projects around.
It and the you, know the offshore with With Beta.
Nords so there are two massive projects out there that

(32:06):
could boost the province's economy and provide some huge activity
for the rest of the country. Too so we're you,
know we're anxious to see those projects move. Ahead you,
know there's issues around project economics and now there's a you,
know a relook by the by the new, government and
we're hoping that it doesn't delay things too. MUCH i
think they still have a you, know determined to move

(32:29):
these this project. Forward it's more that you, know looking
for a better deal for the province and given the you,
know previous challenges with hydro, projects you, know we understand,
that but we're there is a big financial benefit to
getting something done with with Hydro quebec and billions of
dollars of revenues for the, province so we're hoping that moves.
Forward and then With Beta, nord you, know it's it's

(32:52):
a project that relies on project economics AND i know
that the new new premiers looking at how that happens
in your so we hope that they can come to
an agreement as. Well so the very, big massive products
that really can change the course of the province's. Future
so we'll hope we can get those.

Speaker 2 (33:09):
Kickstarted speaking of kickstarting your, conferences get kickstarted In halifax
tomorrow In Saint john's On november. Thirteenth, patrick appreciate the.
Time thank.

Speaker 3 (33:18):
You, yeah it looks forward to being, there all.

Speaker 2 (33:21):
Right that Is Patrick brandon's senior, Researcher director Of Major
projects at The Atlantic Economic, council an important group for our.
Region let's go back to the cabinet swearing in today
and the new premier being sworn in and get some
analysis from our good friend Doctor Amanda. Bittner, amanda Go Blue,

(33:43):
jays go or even watch?

Speaker 7 (33:44):
Baseball, WELL i heard on stay up till four in
the morning that parts.

Speaker 2 (33:49):
There you're not. ALONE i never got past the sixth
inning in that, game So i'm with. YOU i was
not up till stay up that. LATE i think, yes
and also probably, younger But i'm not going to be
ages towards either of.

Speaker 1 (34:05):
Us.

Speaker 2 (34:05):
Now, listen today's swearing in these are often about symbolism
and the messages you want to send to the province
and to the people who've just elected you for the first.
Time what did you see in the swearing in today
or the composition of cabinet or the words of the

(34:25):
premiere that stood out for.

Speaker 7 (34:27):
You, yeah great. QUESTION i mean it's always a very
exciting time to kind of see what the vision is
of the, premiere what the plan, is what kind of
tone they want to, set what their priorities, are what they,
value who they value and so. ON i, mean it's
an interesting one because you, know it's the first time

(34:48):
THE PCs have been in government in you, know ten,
years and so therefore a lot of these folks who
are now in cabinet don't have a lot of previous cabinet, experience.
Right i've got a couple of, MJ's our first time
maja's as, Well so this is, really on one level
exciting right in that we've got lots of kind of fresh,
ideas potentially new, ideas new, perspectives and THAT'S i think

(35:10):
a really good. Thing at the same, TIME i will
Say i've gotten a few text messages today from folks
from across the province who are worried about. Something so one,
person for, example texted me and, Said i'm worried about
the Immigration minister being somebody who said we should stop
recruiting brown people to work in the. Province so that's one.
Thing somebody else mentioned that they were worried that the

(35:34):
minister FOR i forget now if it was climate or
environment or what is very closely tied to oil and.
Gas so just thinking, about, okay what does it mean
to be the minister in charge of kind of environments and?
Climate what does it mean to be the minister in
charge of? Immigration and so you, KNOW i think that
that'll Be we have no idea how this is going to,
go so we're gonna have to watch closely and see

(35:56):
how things shake. Out but we're facing a situation in
the province, where you, know we've had a really hard five.
Years there are lots of really big challenges, here and
one of them is. Immigration we have a huge. Challenge
we don't have enough people and we need, more and
they're being cut and funding is being cut and all
these kinds of. Things SO i think there's lots to
kind of look for in the. Future BUT i do

(36:16):
think it's an exciting day in the sense that you,
know we're able to kind of get a sense Of,
okay here's what the government is going to, do is
going to think about here's the vision they have for the,
future and that's always fun to be able to start thinking, About,
okay now what's. Next, well let's see what they actually
do do with these people that they that have just
been elected are who are there and excited and got

(36:38):
energy and the desire to do, new cool. Things so that's.

Speaker 2 (36:40):
Exciting is it a good bad? Thing or it doesn't
really matter That Premier wakem according to the reporting my
Colleague Richard dougan has, done and this was from the
news conference, today basically said probably not going to bring
the house back until later or in the new, year
going to take the, fall get to know the files

(37:01):
and the. LIKE i say that and again using your
favorite term nerd as a parliamentary nerd like, you usually
after an, election regardless of when it, is a month
or so, afterwards parliament returns because we still have this
traditional form known as The speech from The throne that
sets out the. Agenda is it an issue or? Not

(37:21):
does it matter in this day and age that A
Premier waken is choosing to potentially, wait we don't know for.
Sure that's just what we heard.

Speaker 7 (37:28):
Today, yeah that's a great. QUESTION i, MEAN i, think
like every, academic the answer is always kind of, well maybe,
Right and SO i always say that for, me as
a political scientist who studies democracy and elections and legislatures
and things like, that that the most important thing in
my mind is actually not the role of the, government
but it's the role of the. Opposition so on one,

(37:50):
level then the less often that the legislature, sits the
less often we have a chance to hear from the.
Opposition of, course they can speak to the media and
they can do things outside of being just you, know
in The house Of, assembly but also what happens in
The house Of assembly is really really important in terms
of challenging the things that are being, Decided questioning, ideas

(38:13):
questioning you, know the debate is really really. Important and
so my hope is, that especially because we have so
many really big important issues kind of on the docket
over the next six to twelve months to five, years
That i'm hoping that we're going to see a lot
of emphasis placed on conversations and listening to one, another because,

(38:34):
again their majority is not that, big and so they
need to do some work to maintain confidence of the
legislature and to kind of talk to the opposition and
hear from them and get their ideas. Too so you
know that's kind of a wishy washy answer on one. Level,
yes and, No i'm not alarmed. Yet you, know we
have a lot of things and learning is, important and

(38:54):
you can't learn if you don't have a chance to
digest and. Read SO i think that's, Fine BUT i
think the intention has to really be we're here to
listen to the people and to do our research and
to listen to experts and to hear from. Opposition that
has to be the basis for what we want because
one of the things that this government fought the last
campaign on was this question of. Transparency they want more.

(39:15):
Transparency so that's the way to get it is more,
conversation not.

Speaker 2 (39:19):
Less, right all, right got about two. Minutes i'll try
to get two questions in first. One smaller cabinet size
fourteen to seventeen symbolically, IMPORTANT i would would argue without a,
doubt if you're trying to speak to a message of
doing things better and more efficiently and spending more money
on people and not on. Government your take on the

(39:39):
symbolism of this and perhaps where it sits juxtaposes with
the operational effectiveness of government, YEAH.

Speaker 7 (39:47):
I think that's a great, question and it's a classic.
BALANCE i, mean our legislature isn't that. Big it only
has forty feats in the first, place which is not a.
Lot and so it means that if you have fewer cabinet,
ministers you have cabinet ministers who are in charge of more. Portfolios,
Right and we can see from the list of cabinet
ministers that many of them hold a lot of, jobs,

(40:08):
right and so that's going to make their jobs more,
difficult and it's going to make things just more. Challenging
how do you get up to speed on five six?
Portfolios that's a lot and so CERTAINLY i think you,
know you don't resually want to have every SINGLE mha
being a cabinet. Minister that doesn't seem. Logical and also
it probably would not jive with conservative calls for leaner

(40:33):
government and so. On and at the same, time if you,
have you, know thirteen cabinet ministers who all have five,
portfolios well that's also a lot of work for each of.
Them and so how do they balance? That there's no easy.
ANSWER i, mean the folks who have been elected have
the confidence of the, people they have these jobs for a,
reason AND i think that's, great and many of them are,
very very, bright with great, ideas and So i'm. Optimistic

(40:57):
BUT i do think that it's like. Everything you, know
the more hats we, wear the more difficult our lives.
Are and, yeah, absolutely all.

Speaker 2 (41:05):
RIGHT i know you don't like, predictions but you can
answer this as best you can in thirty. Seconds is Government, well,
no it's a federal. ONE i didn't even tell YOU
i was going to ask, you but you can guess
what it. Is some more speculation today that maybe the
government's going to fall because it's not aligned your guess

(41:26):
interpretation as to whether or not we'll be going back
to the polls federally given the current federal circumstances and
the confidence vote coming on the.

Speaker 7 (41:35):
Budget, YEAH i, Mean i'm following this very carefully and
closely because it's one of those situations Where i'm not
sure that our province could take a fourth election this.
YEAR i just don't think that we have The jews
to keep on. Going So i'm hopeful that that won't actually.
Happen BUT i do think this is going to be
one of those moments where right out of the, Gate

(41:55):
carney has to demonstrate that he's able to collaborate with
The house and can? He, yes will? HE i don't.
Know will it? WORK i don't. KNOW i, mean there's
so many, factors you, know at play, here and one
of those factors is do the opposition parties want another?
Election some of them do and are chomping at the,
bit and others. Don't and SO i think that he

(42:16):
could certainly cobble together you, know a sizeable you, know
a majority if he wants. To it will require some concessions,
Probably but will that? HAPPEN i don't. Know and do
we have to go to the? Polls?

Speaker 6 (42:28):
Oh?

Speaker 7 (42:28):
GOD i hope.

Speaker 2 (42:29):
Not, Yeah i'm with you on the hope. Not we'll.
See all, right gotta leave it, There, amanda thank, you
thanks very. Much all, right that's Doctor amanda Bit Memorial.
University when we come, back we've Got Michelle northover from
the y myw C a to tell us about an important.
Award back with that in a.

Speaker 1 (42:47):
Moment The Tim Power. Show join The conversation weekday afternoons
at four pm on YOUR vocm all.

Speaker 2 (42:55):
Right please to Welcome michelle North, Over Chief Development officer
at the IMC. A michelle how are you. Doing it's
been a while since we've. Spoken how are.

Speaker 5 (43:02):
You i'm doing. Well thank, You? Tim how are?

Speaker 1 (43:05):
YOU i am.

Speaker 2 (43:06):
Good you do lots of good work on lots of
good things at THE, y and you yourself are at
rockstar when it comes to all the development you. Do
tell us about The Peace medal And Peace? Week?

Speaker 5 (43:18):
Okay, well every year YMCA's Across canada recognize and CELEBRATE
Ymca Peace week during the third week Of. November so
that's the time when we celebrate the presence of peace
in our communities and we sort of reflect on the
peace building work that happens all, year both inside and
outside THE. Y so in nineteen eighty, seven a small

(43:41):
group of volunteers at The ymstain Of fredericton actually developed
The Peace, medal and so individual YMCAs During Peace, week
they do different events Across. Canada most YMCAs have a
call for nominations for The Peace metal and that's one
of the activities that we.

Speaker 2 (44:02):
Do, Okay so how would how would somebody who might
have somebody they'd like to nominate proceed with?

Speaker 4 (44:10):
That?

Speaker 5 (44:11):
Okay so The Peace medal is intended for individuals or
groups who without any special resources any, status wealth or
positions demonstrate a commitment to the values of peace through
their contributions that they make within their local or their
national or global. Community so it's not intended for professionals

(44:32):
who are paid to do peak making. Work peace making.
Work so if someone would like to nominate, someone we
have on our website y MC nl dot com there's
a nomination. Form we want it to make it easy
and appealing so that the process is not. Difficult people
can go, online there's criteria and then they can just
fill that out and submit the.

Speaker 2 (44:54):
Form and important if you, people it's important to recognize
people as we Know michelle for all of. This when
are the medals?

Speaker 5 (45:04):
Awarded usually the medals are awarded during during the, week
sometimes after that, week but during the week is usually
when the medals are. Awarded we have a small ceremony
at each each of our. YMCAs we're in five, regions
so love we'd love to have a recipient for each.
Region last year we had one For, labrador we had

(45:25):
one For Avalon metro and we had one for The Urant.
Peninsula so we'll hold a little event at those YMCAs
and invites the community and present the medal and the
certificate to the.

Speaker 7 (45:37):
Recipient we love.

Speaker 2 (45:39):
All those, wives particularly that one in The labrador got
softspat for, that As michelle. Knows, michelle thanks for joining.
Us sorry we only had limited, time but appreciate the
work you do and appreciate the opportunity to give people
to recognize. Others Thanks. Michelle oh, well.

Speaker 5 (45:53):
Thank, You thank you for your interest. Him have a great, day.

Speaker 2 (45:56):
All, right you take. Care that Is Michelle, Northover Chief
development Off sir THE. Ymca if you know somebody who
you think should get a, medal nominate. Them it does
matter to people and they should be. Recognized thank you
for listening TODAY Gm packed. Show we'll keep covering the new,
government the, economy and everything else that matters to you

(46:16):
tomorrow and the days. Ahead thank you for. LISTENING i
am feeling in For vashi, tomorrow so we'll have some
national stories of Interest i'm sure to. Cover thank you De,
Claude thank you To. Dave that is The Tim Powers
show for. Now talk. Tomorrow