Business
Zelenskyy Says He Still Wants To Sign Mineral Deal With US After Oval Office Spat With Trump
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From the Daily Caller News Foundation
By
Ukrainian President Volodymyr Zelenskyy said Friday on Fox News that he still wants to sign the mineral deal with the United States despite his public blowup at the Oval Office.
During a gathering in the Oval Office on Friday with President Donald Trump, Vice President JD Vance, and other officials to discuss the U.S. deal with Ukraine over its minerals, Trump and Vance called out Zelenskyy’s behavior after he publicly criticized the U.S. for not attempting to halt Russia. Following the heated discussion, Zelenskyy appeared on “Special Report with Bret Baier” and told the host that he still believes the deal should be signed, adding he wanted to understand the security guarantees the U.S. would provide.
“United States wanted this deal very much, and we’ve been not against this deal, but we wanted to understand what parts in security guarantees will take this deal and what next steps. Just again, to understand for our people, during the war, what you don’t like, even sometimes hate? Surprises,” Zelenskyy said.
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“It’s understandable. Many terrible things this war brought to us. So we don’t, we don’t want any surprises. Yes, that’s why we want to be very fair with our partners. I think this deal was prepared by teams. It was not simple during [the] weeks, and now it’s ready. I think that they have to sign. The countries have to sign. The ministers have to sign. That’s it. I don’t know when they will do it. It depends on the American side.”
Multiple sources on Tuesday said that the U.S. had struck a deal with Ukraine to jointly develop mineral extraction projects within the nation.
WATCH:
By Thursday, Trump’s Treasury Secretary Scott Bessent told Fox News that “the deal is done,” adding it was a “win-win” for all parties and would be signed by Friday at the White House. However, following Zelenskyy’s clash with the president and vice president, the White House told Daily Caller White House correspondent Reagan Reese that “nothing will be signed.”
Baier went on to ask Zelenskyy if the deal did not include security provisions, to which the Ukrainian president said that it was part of the “infrastructure.” Zelenskyy further said that Trump had said Russian President Vladimir Putin would not be able to enter certain mineral production territories. However, the Ukrainian president disagreed with the decision, saying he had told Trump not to “trust Putin.”
“I said to him that we had more than two, more than 20 companies, American companies, big companies on the territory of Ukraine. We had offices, even on temporarily occupied territories. For Putin, it doesn’t matter,” Zelenskyy said. “It’s a European company or Ukraine. It doesn’t matter. He just came and occupied it.”
“That’s what I said. I think this is a great idea [on] how to strengthen Ukraine and how to make business between two countries, how to make additional jobs for two countries. But it’s not just this will not save us,” Zelenskyy said.
After Zelenskyy left the White House, Trump took to Truth Social, posting that he had determined Zelenskyy is “not ready for Peace if America is involved, because he feels our involvement gives him a big advantage in negotiations.”
“I don’t want advantage, I want PEACE. He disrespected the United States of America in its cherished Oval Office. He can come back when he is ready for Peace,” Trump wrote.
Business
Trump and fentanyl—what Canada should do next
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From the Fraser Institute
During the Superbowl, Doug Ford ran a campaign ad about fearlessly protecting Ontario workers against Trump. I suppose it’s effective as election theatre; it’s intended to make Ontarians feel lucky we’ve got a tough leader like Ford standing up to the Bad Orange Man. But my reaction was that Ford is lucky to have the Bad Orange Man creating a distraction so he doesn’t have to talk about Ontario’s high taxes, declining investment, stagnant real wages, lengthening health-care wait times and all the other problems that have gotten worse on his watch.
President Trump’s obnoxious and erratic rhetoric also seems to have put his own advisors on the defensive. Peter Navarro, Kevin Hassett and Howard Lutnick have taken pains to clarify that what we are dealing with is a “drug war not a trade war.” This is confusing since many sources say that Canada is responsible for less than one per cent of fentanyl entering the United States. But if we are going to de-escalate matters and resolve the dispute, we should start by trying to understand why they think we’re the problem.
Suppose in 2024 Trump and his team had asked for a Homeland Security briefing on fentanyl. What would they have learned? They already knew about Mexico. But they would also have learned that while Canada doesn’t rival Mexico for the volume of pills being sent into the U.S., we have become a transnational money laundering hub that keeps the Chinese and Mexican drug cartels in business. And we have ignored previous U.S. demands to deal with the problem.
Over a decade ago, Vancouver-based investigative journalist Sam Cooper unearthed shocking details of how Asian drug cartels backed by the Chinese Communist Party turned British Columbia’s casinos into billion-dollar money laundering operations, then scaled up from there through illicit real estate schemes in Vancouver and Toronto. This eventually triggered the 2022 Cullen Commission, which concluded, bluntly, that a massive amount of drug money was being laundered in B.C., that “the federal anti–money laundering [AML] regime is not effective,” that the RCMP had shut down what little AML capacity it had in 2012 just as the problem was exploding in scale, and that government officials have long known about the problem but ignored it.
In 2023 the Biden State Department under Anthony Blinken told Canada our fentanyl and money laundering control efforts were inadequate. Since then Canada’s border security forces have been shown to be so compromised and corrupt that U.S. intelligence agencies sidelined us and stopped sharing information. The corruption went to the top. A year ago Cameron Ortis, the former head of domestic intelligence at the RCMP, was sentenced to 14 years in prison after being convicted of selling top secret U.S. intelligence to money launderers tied to drugs and terrorism to help them avoid capture.
In September 2024 the Biden Justice Department hit the Toronto-Dominion Bank with a $3 billion fine for facilitating $670 million in money laundering for groups tied to transnational drug trafficking and terrorism. Then-attorney general Merrick Garland said “TD Bank created an environment that allowed financial crime to flourish. By making its services convenient for criminals, it became one.”
Imagine the outcry if Trump had called one of our chartered banks a criminal organization.
We are making some progress in cleaning up the mess, but in the process learning that we are now a major fentanyl manufacturer. In October the RCMP raided massive fentanyl factories in B.C. and Alberta. Unfortunately there remain many gaps in our enforcement capabilities. For instance, the RCMP, which is responsible for border patrols between ports of entry, has admitted it has no airborne surveillance operations after 4 p.m. on weekdays or on weekends.
The fact that the prime minister’s promise of a new $1.3-billion border security and anti-drug plan convinced Trump to suspend the tariff threat indicates that the fentanyl angle wasn’t entirely a pretext. And we should have done these things sooner, even if Trump hadn’t made it an issue. We can only hope Ottawa now follows through on its promises. I fear, though, that if Ford’s Captain Canada act proves a hit with voters, the Liberals may distract voters with a flag-waving campaign against the Bad Orange Man rather than confront the deep economic problems we have imposed on ourselves.
A trade dispute appears inevitable now that Trump has signaled the 25 percent tariffs are back on. The problem is knowing whom to listen to since Trump is openly contradicting his own economic team. Trump’s top trade advisor, Peter Navarro, has written that the U.S. needs to pursue “reciprocity,” which he defines as other countries not charging tariffs on U.S. imports any higher than the U.S. charges. In the Americans’ view, U.S. trade barriers are very low and everyone else’s should be, too—a stance completely at odds with Trump’s most recent moves.
Whichever way this plays out Canada has no choice but to go all-in on lowering the cost of doing business here, especially in trade-exposed sectors such as steel, autos, manufacturing and technology. That starts with cutting taxes including carbon-pricing and rolling back our costly net-zero anti-energy regulatory regime. In the coming election campaign, that’s the agenda we need to see spelled out.
How much easier it will be instead for Canadian politicians to play the populist hero with vague anti-Trump posturing. But that would be poor substitute for a long overdue pro-Canadian economic growth agenda.
Business
Trudeau billed taxpayers $81,000 for groceries in one year
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By Ryan Thorpe
Prime Minister Justin Trudeau billed taxpayers for $157,642 in household food expenses over a two-year period, according to access-to-information records obtained by the Canadian Taxpayers Federation.
“The fact that Trudeau spent more on food than what the average Canadian worker makes in an entire year is outrageous,” said Franco Terrazzano, CTF Federal Director. “Here’s a crazy idea: how about the prime minister pays for their own groceries like everyone else.”
Trudeau billed taxpayers $81,428 in 2022-23 and $76,214 in 2021-22, the latest years for which records are available.
The CTF filed an access-to-information request seeking “records showing total spending on household groceries for Prime Minister Justin Trudeau.”
The Privy Council Office released records to the CTF showing Trudeau expensed $188,864 for “food and food preparation” during the 2021-22 and 2022-23 fiscal years.
Taxpayers were forced to pay $157,642 (or 83 per cent) of the total cost.
For the sake of comparison, the average Canadian family spent a combined $29,989 on groceries during the 2022 and 2023 calendar years, according to Canada’s Food Price Report.
That works out to an average grocery bill of $288 per week.
Meanwhile, Trudeau billed taxpayers for an average of $1,515 in household food expenses per week – five times more than what the average family spends.
“The prime minister reimburses amounts related to food based on Statistics Canada data on household spending, which is adjusted using the consumer price index to account for inflation,” according to the records.
In 2022-23, Trudeau racked up $97,645 in grocery expenses, with taxpayers forced to pay $81,428.
In 2021-22, Trudeau racked up $91,218 in grocery expenses, with taxpayers forced to pay $76,214.
“Expenditures include all food related expenses incurred by the Prime Minister’s Residence,” according to the records. “In addition to household groceries, it also includes food expenditures for events that are hosted at the residence.”
The records do not make clear how much was spent on personal groceries versus event-related expenditures.
“It’s one thing for the prime minister to bill taxpayers for government business, but taxpayers shouldn’t be on the hook for a single cent of the prime minister’s personal groceries,” Terrazzano said. “The current policy needs to change, the government needs to improve transparency on this spending and anyone who wants to be the next prime minister needs to commit to not billing taxpayers for their personal groceries.”
The prime minister’s annual salary is $406,200. The average Canadian worker’s annual salary is about $70,000, according to Statistics Canada data.
Taxpayers also paid for Trudeau’s personal chef. The prime minister’s personal chef took home an annual, taxpayer-funded salary between $68,468 and $79,234.
Between 2015 and 2022, taxpayers were on the hook for an average of $57,538 per year for Trudeau’s household groceries, according to previous reporting from the National Post.
The Official Residence for Canada’s prime minister is 24 Sussex. But Trudeau has lived at Rideau Cottage – a two-storey, 22-room mansion on the grounds of Rideau Hall – since becoming prime minister in 2015.
However, Trudeau’s meals have continued to be prepared at 24 Sussex, then shipped to Rideau Cottage via courier, according to the National Post.
“While Canadians have been tightening their belts during a cost-of-living crisis, Trudeau was sparing no expense,” Terrazzano said. “The prime minister’s salary is nearly six times more than the average Canadian’s and he lives in a taxpayer-funded mansion, so surely he doesn’t need to stick taxpayers with huge grocery bills.”
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