Podcast Summary: "Furious Canada Sticks Dagger in Trump as His Plan Backfires"

The MeidasTouch Podcast | Date: November 8, 2025
Hosts: Ben, Brett, and Jordy Meiselas (MeidasTouch Network)
Guest Highlights: Prime Minister Carney, Charlie Angus (Meidas Canada), CTV News, Steve Liesman (CNBC)

Episode Overview

This episode delivers a sharp comparison between Canada’s economic resurgence and America’s decline under Donald Trump’s regime, focusing on explosive job growth in Canada, the collapse of employment and consumer confidence in the U.S., and Canada’s decisive pivot away from reliance on its neighbor. Through interviews, speeches, Canadian and American economic data, and spirited commentary, the hosts illustrate how Canada is actively forging new global partnerships, seizing high-skilled immigrants, and choosing bold social investments—while Trump’s policies appear to backfire at home.

Key Discussion Points & Insights

1. Canada’s Economic Outperformance

• Surprise Jobs Growth:

  • Canada adds over 66,000 jobs in October 2025, following another strong month—contrasted sharply with U.S. job losses.
  • [01:15] Host summarizes: “Canada announced a surprise economic result. They added 66,000 jobs... United States loses 153,000 jobs.”
  • Political Reaction: Canadian government and opposition leaders openly laud Canada’s gains and contrast them with the struggling U.S.

• Canada’s Shift Away from the U.S.:

  • Major Canadian political voices, led by Prime Minister Carney, declare the end of decades of economic dependence on America.
  • Memorable Quote:
    • [03:40] Prime Minister Carney:

      “That decades long process of an ever closer economic relationship between Canada, the United States is over… This is not a transition, it's a rupture.”

• Impact of U.S. Tariffs and Trump’s Economic Policy:

  • Carney details how U.S. tariffs could cost Canada $50 billion, but also frames the rupture as an opportunity for Canadian renewal and diversification.

2. Contrasting Economic Narratives: U.S. in Decline

• U.S. Job Losses and Consumer Malaise:

  • [15:20] CNBC’s Steve Liesman reports:

    “Announced corporate job cuts…surging past 1 million so far this year with 153,000 new layoffs in October. That is the worst October since 2003.”

  • [14:04] Host underscores:

    “Consumer confidence…as low as it can possibly be. We haven’t seen economic expectations or consumer confidence this low in a very long time.”

• Media Highlights:

  • U.S. news dominated by layoffs and declining prospects; in contrast, Canadian news buoyed by job growth and cautious optimism.

3. Canada’s Aggressive New Strategy

• Trade Diversification & Global Partnerships:

  • [07:53] Carney touts new trade agreements with Indonesia, the UAE, the EU (in defense), and Germany (in critical minerals), and ongoing talks with ASEAN, India, and China.

  • “We launched free trade negotiations with Philippines and Thailand…alongside a new free trade agreement with the ASEAN countries, countries that represent 20% of global GDP. And we are re-engaging with global giants India and China.”
    — Prime Minister Carney [07:53]

• Talent Recruitment from the U.S.

  • After Trump’s crackdown on H1B visas, Canada actively recruits international talent formerly headed to the U.S.
  • [08:53] Carney:

    “1.7 billion for the world's most talented researchers…targeted H1B visa recruitment from the United States. We do have the best educated workforce…”

4. Canadian Political Unity and Resolve

• Canadian Cross-Party Unity:

  • [06:07] Charlie Angus (Midas Canada):

    “Canada is looking at this in the long term…willing to suck up across party lines…to put Canada first and do the right thing.”

  • Angus compares Trump’s “grotesque Great Gatsby gathering” at Mar-a-Lago with Canada’s responsible, inclusive leadership.

• Social Investments as Nation-Building:

  • Carney underscores the protection of core social programs (childcare, dental, pharmacy, education, school food), even while “right-sizing government.”
  • [11:04] Prime Minister Carney:

    “It takes pragmatic, responsible choices to right size government while protecting the essential social programs that give every Canadian a fair chance to get ahead…”

5. Canada’s New National Identity: Bold, Future-Focused

• Historic Context and Call to Action:
  • Carney draws on Canada’s tradition of risk-taking and building, calling for large-scale projects and ambitious social progress.
  • [13:00] “We used to build in this country. We will build big, fast and bold again. We choose Canada…For it's our country. It's your future. We're taking control. Let's do it together.”

Notable Quotes & Memorable Moments

• On Canada’s Break with the U.S.:

  • [03:40] Prime Minister Carney:

    “This is not a transition, it's a rupture.”

• On Trump’s Disdain for Americans:

  • [06:07] Charlie Angus:

    “We look at you, Donald, and we see a diminished man. You're not a leader. Come on, Donald. You're just a creepy grifter and you think that you could push us around. It's not going to happen.”

• On New Canadian Ambition:

  • [13:00] Carney:

    “We used to explore in this country. We will chart new courses again. We used to build in this country. We will build big, fast and bold again.”

• On Economic Results:

  • [17:11] CTV’s Claire Fan:

    “We saw employment growth of over 66,000 and the decline in the unemployment rate…there’s not a lot of soft spots…outside of the teacher strike in Alberta.”

Important Segments & Timestamps

• 1:15 — Canadian job growth headlines; U.S. job loss comparison
• 3:40 — Prime Minister Carney’s speech on severing U.S. economic ties
• 6:07 — Charlie Angus scathing critique of Trump & Canada’s direction
• 7:53 — Carney outlines Canada’s new global trade strategy
• 8:53 — Canada’s H1B/immigrant talent recruitment policy
• 11:04 — Carney’s defense of social programs; vision for Canada’s future
• 14:04 — Host laments U.S. consumer confidence/job loss collapse
• 15:20 — CNBC’s Steve Liesman outlines historic American job losses
• 17:11 — CTV News and Claire Fan on Canadian economic surprise

Tone & Style

The episode balances punchy, sometimes irreverent sibling banter with pointed political critique and a strong pro-Canadian, pro-democracy thread. The language is direct (“sticking the dagger right into him,” “Trump’s regime lost 153,000 jobs,” “creepy grifter”), blending humor and outrage. The brothers unabashedly take sides, rooting for Canada’s resurgence and Donald Trump’s apparent undoing.

Summary for New Listeners

For anyone seeking a clear, passionate breakdown of the current North American economic and political rift, this episode is essential. It details Canada’s furious response to Trump-era policies, its determination to build a more independent, socially invested and globally engaged future, and the sense that Trump’s strategy is “backfiring” both for America and for his own image abroad. Listeners come away with vivid contrasts, memorable soundbites, and a sense that history is turning—and that Canada isn’t looking back.