Business
BREAKING ALERT: Trump Threatens 25% Tariff on All Goods From Canada and Mexico, Cites Flood of Fentanyl and Illegal Migrants
In a stunning announcement Monday, President-Elect Donald Trump vowed swift action to combat what he described as a surge in fentanyl trafficking and illegal migration at the U.S. borders with Mexico and Canada.
Trump pledged to impose a 25% tariff on all imports from both countries, citing their alleged failure to address the crises. He announced the policy would be enacted through an Executive Order on January 20, the day he officially takes office.
“Thousands of people are pouring through Mexico and Canada, bringing Crime and Drugs at levels never seen before,” Trump said in a statement. He singled out an incoming “unstoppable” caravan from Mexico as emblematic of what he described as the failures of both neighboring countries to address the crisis.
“This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!” Trump posted on his Truth Social platform.
The backdrop to Trump’s shocking policy against Canada—long perceived as a strong ally of the U.S.—includes a recent high-profile case against TD Bank in the United States, resulting in a multi-billion-dollar fine. Months prior to Trump’s announcement, David Asher, a former Trump administration official and consultant on DEA investigations related to the TD probe, told The Bureau that U.S. investigators believe the “command and control” for the fentanyl money-laundering networks allegedly cited in the TD case leads directly to Toronto and Vancouver.
These networks—according to Asher—involve transnational Triads laundering cash from fentanyl distributed in America by Mexican cartels, who source their precursors from China.
In an exclusive interview with The Bureau, Asher criticized the Canadian government for inadequate cooperation in broader fentanyl-trafficking and Triad money laundering investigations, pointing to gang leaders in Canada with alleged ties to Beijing. Asher suggested that possible political and financial influences are hampering effective law enforcement in Canada.
“The key thing is the Canadian connection, and in almost all the investigations as far as money laundering, we saw the command control seemed to go back to our network analysis. When we seized their phones, we’d see Canada light up like a Christmas tree, especially Toronto, and also British Columbia,” Asher said.
Regarding allegations that Triads in Toronto and Vancouver are running fentanyl money-laundering networks for Mexican cartels, Asher added: “The question is, what does the Canadian government know, and why haven’t they tried to judicially prosecute?”
Asher emphasized that the failure to disrupt these networks is contributing to the ongoing fentanyl crisis, which claims tens of thousands of lives annually in the U.S. and Canada.
Furthermore, Asher disclosed that U.S. Congressional investigators allege the People’s Republic of China is not only incentivizing fentanyl precursor exports but also methamphetamine sales.
The tariff, Trump emphasized, will remain until Mexico and Canada take what he called their “absolute right and power” to stop the flow of illegal drugs and migrants.
“We hereby demand that they use this power, and until such time that they do, it is time for them to pay a very big price,” Trump declared.
The announcement has already sparked sharp reactions from political leaders and trade experts. Critics warn that such sweeping tariffs could disrupt North American trade agreements and exacerbate economic tensions with key allies.
This is a developing story. Stay tuned to The Bureau for updates.
The Bureau is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
Business
‘Accountability Is Coming’: Joni Ernst Sends Musk’s DOGE ‘A Trillion Dollars’ Worth Of Ideas To Gut Gov’t Spending
From the Daily Caller News Foundation
Republican Sen. Joni Ernst of Iowa sent Department of Government Efficiency (DOGE) co-chairs Tesla CEO Elon Musk and former Republican presidential candidate Vivek Ramaswamy a letter Monday with ideas for cuts that could save the federal government over $2 trillion.
Trump named Musk and Ramaswamy as co-chairs of DOGE on Nov. 12. In the seven-page letter, Ernst’s suggestions ranged from addressing unused space in buildings to uncommitted spending for COVID relief, with the proposed cuts totaling over $2 trillion.
Ernst has focused on government waste since her election to the United States Senate in 2014, with a recent focus on the effects of telework and remote work on federal agencies.
“When faced with proposals to trim the fat from Washington’s budget, members of Congress from both parties act like Goldilocks,” Ernst wrote. “It’s too little or too big, always too hard, and never just right. But the real ‘make-believe’ of this fairy tale is that it’s impossible to reduce Washington’s budget without causing pain. Most Americans aren’t even benefitting in any meaningful way from hundreds of billions of dollars being wasted.”
“While you’re seeking ‘super high-IQ small-government revolutionaries’ for ‘unglamorous cost-cutting,’ all that’s really needed is a little common sense. If you can’t find waste in Washington, there can only be one reason: you didn’t look,” Ernst continued.
Three rail projects in California with a combined price tag of over $135 billion, $213 million in unemployment payments to millionaires, $31 million in pay to government employees with no assigned duties and $10 billion in inaccurate Supplemental Nutritional Assistance Program payments are among the programs Ernst listed as potential cuts. Ernst also said there was over $1.6 trillion in uncommitted COVID relief spending.
Ernst announced Friday she would lead a Senate DOGE caucus to work alongside Musk and Ramaswamy, while Republican Rep. Marjorie Taylor Greene was named as chair of a House Oversight Committee subpanel called the Delivering on Government Efficiency panel.
“I have a simple message to the bureaucrats who haven’t shown up for work in years and the government contractors and grantees collecting millions to study how fast a shrimp runs on a treadmill – buckle up because accountability is coming,” Ernst said in a statement provided to the Daily Caller News Foundation. “My decade-long mission to make Washington squeal has created an exhaustive list of more than $2 trillion worth of waste, fraud, and abuse that I will work with DOGE to cut. We are going to break down the nonsense that has taken over Washington and put in its place a government that actually works for the people.”
Ernst previously questioned USAID over an employee who improperly received “locality pay” for the Washington, D.C. area despite living in Florida, and requested a staff briefing after a second instance of improper locality pay involving another USAID employee living in North Carolina was reported.
In an August 2023 letter requesting a review of the issues involved with telecommuting sent to 24 government agencies, Ernst cited a media account of a VA employee who attended a staff meeting while taking a bubble bath.
Ernst wrote the Environmental Protection Agency (EPA), urging the agency to take emergency action in an August 28 letter sent to EPA Administrator Michael Regan about contaminants that built up in the drinking water of federal buildings left unoccupied by a shift to remote work.
Ernst introduced the Stopping Home Office Work’s Unproductive Problems (SHOW UP) Act, in September 2023 as part of a package of legislation to rein in the “administrative state.”
“This is by no means an exhaustive list, and I will be providing many more recommendations soon,” Ernst wrote. “My team and I are ready to help you make some prime cuts.”
The Trump-Vance transition team did not immediately respond to a request for comment from the DCNF.
Alberta
Province investing in support for financial literacy in schools
Financial literacy prepares students for their futures
Students across Alberta will build the fundamental life skills they need to grow into adulthood through support for financial literacy programming.
Saving, budgeting, investing and the ability to make wise financial decisions are fundamental life skills Alberta’s youth need to develop as they grow into adulthood. Alberta’s government is ensuring that students have every opportunity to develop these fundamental life skills by integrating financial literacy into the K-12 curriculum and providing grant funding to three Canadian organizations to offer dedicated financial learning resources for students and teachers.
“We are proud to support financial literacy programming for students. Our on-going support for financial literacy education will help young Albertans navigate their futures with confidence by helping them build the fundamental life skills they need to prosper and secure their futures in today’s fast-moving world.”
In May 2022, Alberta’s government invested $5 million over three years into financial literacy programming to ensure students have the financial knowledge they need to thrive in life. Enriched Academy receives $900,000 per year and the Canadian Foundation for Economic Education receives $500,000 per year to provide students in grades 5 to 12 with financial literacy programming, aligned with the curriculum, to improve their financial knowledge. In addition, Junior Achievement receives $250,000 per year to provide hands-on, experiential financial literacy, work readiness and entrepreneurship education to students in kindergarten to Grade 6.
“Our support for financial literacy programming will set Alberta’s youth up for success. This programming will ensure that Alberta’s youth develop the fundamental life skills they need to manage their personal finances, make sound financial decisions, and grow into adulthood with confidence.”
Free financial literacy webinar
Some of the funding provided will support Enriched Academy hosting a free live webinar for grades 4 to 12 students and teachers on Tuesday, November 26, as part of their financial literacy programming. The webinar will teach students how to build their credit with confidence and will feature an interactive gameshow format to engage and motivate students to learn how credit works and how to manage credit and their personal finances with confidence. Students and teachers who are interested in participating can register for the webinar online.
“Our partnership with the Government of Alberta has enabled us to deliver transformational financial literacy education to nearly six hundred thousand students across the province. As a high school teacher, I’ve witnessed firsthand how financial literacy education empowers students, increasing their confidence in money management and preparing them to be financially responsible. Investments in financial literacy are investments in our students’ futures, and I’m already seeing it pay dividends for Alberta students.”
Teachers can also access lesson plans, activities, and interactive tools from all three organizations’ websites to support financial literacy learning outcomes in Alberta’s curriculum.
Quick facts
- Financial literacy programming offered by the three organizations reaches more than 350,000 students annually.
- Alberta’s renewed K-6 curriculum includes an increased emphasis on financial literacy skills, as well as a stronger foundation in financial literacy in all grades.
Related information
-
Alberta13 hours ago
New website to explain changes coming to your auto insurance
-
Alberta13 hours ago
Province investing in support for financial literacy in schools
-
Business1 day ago
The Health Research Funding Scandal Costing Canadians Billions is Parading in Plain View
-
Energy1 day ago
Is Canada the next nuclear superpower?
-
Alberta2 days ago
REPORT: Alberta municipalities hit with $37 million carbon tax tab in 2023
-
Alberta Sports Hall of Fame and Museum9 hours ago
Alberta Sports Hall of Fame announces Class of 2025
-
Alberta1 day ago
Passenger rail experts from across the world to inform Alberta’s Passenger Rail Master Plan
-
Agriculture15 hours ago
Saskatchewan potash vital for world food