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Canadian leader Yves-François Blanchet has delivered a blunt warning to Donald Trump as tensions over the U.S.-Canada trade war continue to escalate.

Blanchet suggested that Trump could become a “lame duck” following the U.S. midterm elections, arguing that the political landscape could significantly weaken the president’s leverage as the tariff dispute with Canada continues.

His remarks come amid escalating tensions over Trump’s tariff strategy, U.S.-Canada trade relations and the economic impact of the ongoing trade war.

Blanchet has also criticized Trump’s approach to tariffs and urged Canada to remain firm while pursuing negotiations.

Could Trump’s tariff war ultimately weaken his political standing? And what could the U.S. midterm elections mean for Trump’s power and his relationship with Canada?

Watch the full report for the latest developments in the Trump-Canada trade war, Blanchet’s warning, U.S. tariffs and the growing political showdown between Washington and Ottawa.

#Trump #DonaldTrump #Canada #Blanchet #YvesFrancoisBlanchet #USCanada #TrumpTariffs #TariffWar #TradeWar #CanadaUS #USPolitics #CanadianPolitics #TrumpNews #CanadaNews #MidtermElections #USMIdterms #TradeWar2026 #WorldNews #BreakingNews

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Transcript
00:00Good morning.
00:03I would like to start by extending my warmest greetings to the ATM student group since so
00:06many of you are preparing to become professional journalists.
00:08Please do feel free to ask me any questions you might have.
00:10I believe this session is going to be quite different, truly refreshing, and I certainly
00:12hope a bit educational for you all.
00:14Good morning to everyone here.
00:15Now listen closely.
00:18Very briefly, there's a lot of material.
00:20I'll try to be as concise as possible.
00:22Rumor has it that's not my specialty.
00:27In the context where the Prime Minister had already made a surprising number of concessions
00:32without anything in return to the Americans, we're talking about culture, of course, about
00:36former counter-tariff projects or accepting bad principles on supply management, he arrived
00:41in a very weak position to negotiate.
00:44That approach, unfortunately, did not yield the results we were hoping for.
00:48Following his return, the government and the Prime Minister pledged to implement a series
00:52of diverse measures, of which they unveiled, I would venture to say, an initial volley of
00:58actions this morning, which from our perspective will not be sufficient to address the situation,
01:02though some elements are indeed moving in the right direction.
01:07First, for our first part, which is the counter-tariffs, you'll understand that there are 700 products
01:13identified and that we haven't yet gone through the details of the list of 700 products to evaluate
01:19a central element.
01:22Are these products for which there is an alternative on the domestic market?
01:25In other words, are we going to add tariffs on top of products that are already subject to
01:31tariffs by the Americans with an inflationary effect that, moreover, in some cases, could
01:36be dramatic for Quebec semis?
01:38Quebec's request wasn't necessarily dollar for dollar, or even that dollar for dollar was
01:43a good idea.
01:44I set as a condition for dollar for dollar that it be products for which people can go
01:50buy something that's made in Quebec or that's made in Canada, or at a stretch that's made
01:55anywhere else but not in the United States, in a movement that we feel is emerging strongly.
02:01So it doesn't correspond to Quebec's request, not exactly to ours, but at least the tariff response
02:06is a step that had to be taken.
02:09Let's be wary of the effects and let's give ourselves time to analyze the precise list of
02:15what is subject to counter-tariffs.
02:18A second part, programs.
02:19Again, I don't want to elaborate on the list.
02:21It's quite complex.
02:23As the government is calling on already existing programs, it's telling people, go through channels
02:28you already know, or that you don't already know, that you'll have to learn to know.
02:33There is one specific element in this situation that I consider to be quite serious.
02:37First of all, if we decide to impose counter-tariffs on American products, the revenue we collect
02:42will certainly not be refundable.
02:43Prime Minister Carney is not going to simply collect those tariffs and then turn around
02:47and give that money back the very day an agreement is reached.
02:50So I have to ask, why should the financial aid provided to our businesses, whether in whole
02:54or in part be structured as loans, why on earth would I go out, secure some income, lend
03:00that same income out, have people pay me back, and then end up keeping the money for myself?
03:03That is simply not the underlying principle here.
03:05We were asking, and I must insist on this, that these be structured as non-refundable programs
03:10because businesses, and particularly SMEs located in all the industrial parks throughout
03:15Quebec and presumably across Canada, are already buried in debt up to their necks.
03:20So that is certainly an issue.
03:21However, one specific element that the Bloc Québécois requested and successfully obtained
03:26is the reduction of the threshold required for businesses to gain access to this program.
03:32I'll take, for example, last week we ourselves here, roughly the same people, made a request
03:37for the program accessible to forestry entrepreneurs to be more accessible than a 2 million cap.
03:43In other words, if you had under 2 million in turnover, you didn't have access to the aid program.
03:49We understand, all subject to verification, that this cap has gone to 1 million.
03:55We understand, therefore, that businesses in the forestry sector that have 1 million in turnover,
04:00in accordance with the Bloc Québécois request, would have access to a program to which they
04:06didn't have access until today.
04:09And this follows directly in the wake of a formal request that we submitted just last week.
04:14The third part focuses on providing support for our workers and indirectly bolstering their purchasing power.
04:22The government, as is, has officially implemented permanent changes and extended temporary relaxations
04:28to the employment insurance program, which makes it significantly more accessible to the general public.
04:33In other words, people will find it much easier to qualify for and gain access to these employment
04:39insurance benefits than they would have been able to do otherwise.
04:43Pending final validation, I believe this is certainly a step in the right direction.
04:46However, there is one specific point that strikes me as being significantly more critical than all the rest,
04:51and that is when the government makes this particular offer to our local businesses.
04:54If you choose to cover two days of an employee's salary, we will step in and cover the remaining three
04:58days
04:59of their wages through employment insurance.
05:02It's an employment insurance version of the wage subsidy as it existed at the time of the pandemic.
05:07It's saying to an employer, you no longer have the level of activity to keep all your workers in place.
05:14We are going to provide compensation for the difference in the days they are unable to work,
05:18up to three days every week.
05:19It is as clear as can be that this is something the Bloc has been asking for quite insistently
05:24since the very beginning of the year 2025.
05:28We'll see how that plays out.
05:30It's always the same, but the principle is to maintain the employment link
05:34and keep the expertise within the businesses, as the Bloc has been asking for now for over a year.
05:39One shortcoming, however, in the announcements it made,
05:42the government is not supporting the purchasing power of retirees.
05:47We still have retirees who are between 65 and 75 years old
05:51and who receive 10% less than those who are 75 or older.
05:56I remind you that retirees don't save that money.
05:59They spend it, and therefore they keep the economy, the domestic market,
06:02going now at a certain level of economic activity.
06:06There was nothing, obviously, but I'll come back to culture and supply management.
06:10If I quickly go over the requests that I announced yesterday,
06:15well, on counter-tariffs, it's so-so.
06:17Yes, counter-tariffs.
06:18We're not sure about the targeting.
06:22Reserving the sums for the businesses or sectors affected, it's not clear.
06:26It will have to be established by going through the list of 700 products,
06:30putting in place programs like the wage subsidy, access to liquidity.
06:35Yes, there are programs put in place, but unfortunately,
06:38even if the wage subsidy is indirectly in there,
06:40there's an issue of repayability of the sums, purchasing power.
06:46Well, I mean, nothing at the level of culture.
06:51And now I'm going to go to a conversation I had this morning with Prime Minister Carney.
06:57Quite a long conversation, interesting conversation.
06:59You'll understand well that on the issue of arts, culture, information,
07:03there was a canyon of differences between Mark Carney's liberals and us,
07:08whatever they might have said.
07:11We reproached the Prime Minister for having abandoned the 3% digital services tax
07:17and for having blocked the decision, which was nevertheless independent,
07:22of the CRTC, which asked the Internet giants, the Netflixes, the Amazons,
07:27the Disneys of this world, to take the equivalent of 15% of their revenues in Canada,
07:33where they don't pay taxes, by the way, and to invest it in production.
07:38And the government, Mr. Carney, had said, I have just dictated that this will not happen.
07:42Now, I naturally raise this question.
07:44And because that compromise, that concession that was made to the Americans
07:47simply did not yield the expected results, I asked yesterday,
07:51but surely you are going to restore that, please, Lom,
07:53give back to our businesses in the arts, culture, and communication sectors
07:57the tools for their development that you deprived them of
08:01in the hope of pleasing Donald Trump.
08:03And it didn't even please him in the end.
08:06Well, we are able to restore that.
08:07Regarding the conversation we had this morning, I can assure you
08:10it is inherent to the nature of this exchange.
08:12Immediately upon our return to the House this coming September,
08:16we have reached an agreement to establish a dedicated forum
08:18for open dialogue between the current Liberal government
08:21and the members of the Bloc Québécois,
08:22specifically to explore potential avenues to properly finance, refinance,
08:28or perhaps even restore the essential funding for our arts,
08:31our culture, our communications, and our information sectors.
08:35That significant gap remains quite evident today.
08:38Meanwhile, the government seems more focused on using direct taxpayer financing.
08:42We are for the restoration of financing that comes from large companies
08:47that are richer than countries and that don't pay taxes
08:50and that don't contribute to culture and the arts in Canada and in Quebec.
08:55But at least a conversation is going to open formally between the government
09:00and the Bloc Québécois, which will carry with Martin the vision
09:05that Quebec's cultural circles have.
09:08That certainly seems to me to be at least a start.
09:10We will judge the tree by its fruit, as a matter of course.
09:13You'll understand that I want to say a word about supply management.
09:18The government had publicly admitted a principle evoked by the Americans
09:24to the effect that in the quotas, the Americans had to have direct access
09:28to our grocery store shelves with yogurts or cheeses and other products.
09:32We were fiercely opposed to that.
09:34It's a breach in supply management.
09:36Anyone, local or elsewhere, anyone, former president of the dairy producers or not,
09:43who says that it wasn't a breach in supply management isn't telling the truth.
09:46It was one.
09:47It didn't happen since the American government and the Canadian government
09:51are no longer talking to each other.
09:54I brought the matter up with the prime minister.
09:56And this is the final conclusion we reached.
10:00The prime minister does not want this question to come back up again.
10:03Therefore, he wants to be a staunch defender of the integrity of our supply management system.
10:07I did not have any sort of prior commitment.
10:10I swear to you, Yves-Francois, it will never happen.
10:13But the principle of not coming back with this issue and of preserving the integrity
10:19and of not bringing back supply management seems to be a sincere will of the prime minister.
10:24Understand that we're going to be on the lookout now.
10:27We were told something that wasn't true.
10:29We repeated it, particularly in Chikotimi-Lefjord now.
10:32There was a breach in supply management.
10:35There was a concession made.
10:36That is something that simply must not be allowed to happen.
10:38And I do maintain a reasonable hope that our current position is not quite as dire as it seems at
10:42this stage.
10:43Obviously, regarding the specific matter of not providing support to the oil companies,
10:47of which I must remind you that the vast majority of shareholders, my apologies,
10:50the shareholders are actually Americans,
10:51and that the Americans purchase nearly the entirety of the oil produced in Western Canada,
10:56and furthermore, that Western Canadian oil is not currently subject to any tariffs imposed by the United States.
11:01There's no reason, while they're making unprecedented profits,
11:06that we put a cent into Western oil, that much money,
11:08we can keep to protect support businesses, SMEs, and even sometimes larger businesses,
11:15whether from Quebec or from anywhere in Canada.
11:19Two small points, finally.
11:22I want to point out, because it's not trivial, because we're here for that,
11:25because that's the Bloc Québécois' job.
11:27On the wage subsidy, or its equivalent, it's a request and a gain of the Bloc Québécois.
11:32On the fact that SMEs that have turnovers of 1 million and less,
11:37or 2 million and less, are going to have access to programs,
11:39it's a request that we made here, and again, of the Bloc Québécois.
11:44The fact that there's a commitment less ironclad than I would have liked on supply management,
11:49which is requested and discussed with the Bloc Québécois,
11:52is also a positive measure.
11:55And finally, the fact that there will be a very, very formal conversation
12:00on the principle that arts and culture must be supported financially.
12:03We're going to talk to each other about the way starting at the end of September.
12:07Well, those are also important elements.
12:09Finally, there is one last element.
12:11I simply must mention it.
12:12To be frank, that is a bit of a problem.
12:16It really shook me.
12:17The New York Times, which is certainly not just some cheap tabloid,
12:21was reporting that, on the one hand, the American government was not being particularly insistent
12:27regarding the language and labeling directives on various products.
12:30So, for example, American-made appliances sold in Quebec,
12:33but that the Kearney government was actually ready to make significant concessions on the language issue.
12:39Whatever was said afterwards, that, for me, is a serious concern.
12:42We can have disagreements, but we have the obligation to tell the truth.
12:46And it's not normal that we learn this kind of thing through an American newspaper.
12:51So, it's not me who's going to answer that question.
12:55You'll guess very well that what we say is, when it comes to defending the French language,
13:00you can call the Bloc Québécois, we'll be there.
13:02But if others make such a claim, and it turns out that it's not true, it's extremely problematic.
13:08And the Prime Minister is going to have to, during one of the press briefings he will be conducting himself,
13:14provide an answer to that question, because there is no scenario in which Quebec could ever accept this.
13:19And I am convinced that, within the context of the Quebec election campaign, which will start shortly, it will be
13:27mentioned,
13:28there are people to whom we're going to entrust the mandate to protect Quebec's language and culture.
13:33There are some who are more qualified than others to do it.
13:35People will make their choice.
13:36But let's be clear that we, the Bloc Québécois, won't make compromises on language,
13:41and that we're going to ask for the truth on this issue.
13:45Sorry, it was long.
13:46There was a lot of stuff, but it was worth it.
13:49We will now move on to the question and answer session with one main question and one follow-up allowed
13:53per journalist.
13:54Please be sure to state your name and the name of your media outlet.
14:04I'm not quite sure if it is up to you.
14:09So there seems to be a difference in interpretation.
14:23Yeah, interpretation or political spin on the matter.
14:27I personally had the word integral included in the law that protects supply management.
14:32Integral means three things, all of it, all of it, and all of it.
14:36There was no compromise possible on that.
14:38Now, if people want to keep saying it wasn't a breach or a break from the principle of supply management,
14:43I get that someone might say that during a by-election in Cicutimi, but that doesn't make it true.
14:49You're saying that, well, it's several, if we go back to the counter tariffs,
14:53you're saying there are several measures, 700 products, we haven't gone through the whole list.
14:58At the same time, are there things in there that you're satisfied with?
15:02Because we've still heard that it's not enough.
15:06I didn't say it's not enough in the sense that we are certainly not going to go beyond strict dollar
15:15-for-dollar equivalent.
15:16At some point, you have to draw a line, you know?
15:18So it is not really a question of whether or not it is enough.
15:21The primary issue is that these counter tariffs generate revenue,
15:25which will be utilized exclusively to support those businesses hit by the American tariffs.
15:32Rather than providing these as direct financial loans,
15:35we are instead focusing on carefully targeting specific industrial sectors for the implementation of our counter tariffs.
15:40We're choosing to purchase a locally manufactured Quebec product in place of an American alternative
15:44will not result in any significant inflationary impact on our economy.
15:50The criterion is right there.
15:51It's not so much about the volume.
15:52In fact, the volume is about where we get the money for the measures we need,
15:56knowing that in terms of counter tariffs, the potential is set at 27 billion Canadian dollars,
16:00but we can also postpone military spending.
16:04We can also postpone the purchase of the F-35s.
16:07We can postpone spending that shouldn't even exist in oil.
16:10We could postpone spending on alto,
16:12and we'd find ourselves with liquidity, with minimal impact,
16:15which would allow, and this is very important,
16:18not to increase the public debt.
16:21So on energy and oil, for example, would you have preferred counter tariffs,
16:24or would you have preferred not?
16:27Actually, for oil, I don't think it's a matter of putting on counter tariffs.
16:32In the case of oil, it's a matter of stopping the subsidies to the oil sector to the tune of
16:407, 8, 10, 11 billion dollars a year,
16:43over 20 percent of which comes from Quebec.
16:46While with the Strait of Hormuz and the ongoing war,
16:48they are currently making absolutely unprecedented profits,
16:51and that oil ends up going to the U.S. anyway,
16:54and the oil companies' shareholders are mostly Americans.
16:56That is really just a bit of a scam we have been feeding to people for a very long time
17:01now.
17:01Oh, Western Canadian oil is so important for Canada's national sovereignty.
17:05The Americans are fully committed to this.
17:07It is essentially their own pet project.
17:08We are not protecting our Canadian sovereignty by continuing to fund Western oil.
17:13We need to go after that money.
17:15But then when they start telling us,
17:17oh, perhaps we should look into electricity exports.
17:18Wait, just hold on a second.
17:20I get that the interprovincial electricity transport is federal jurisdiction,
17:24but it's Hydro-Quebec that sells electricity to New England,
17:27and New England isn't Republican.
17:29I'd be very surprised if Quebec even considered this weird idea of restricting its electricity exports.
17:35Last question.
17:36Thank you for this debate.
17:37The answer.
17:38Is the trade war helping order your new election campaign,
17:43this issue of counter-carriage of the Americans?
17:46I will start, but I would like to add,
17:49yes, exactly, Caro, it is.
17:51It simply cannot be good news.
17:52There is no scenario where a trade war with the United States,
17:57our main trading partner, is good news.
17:59It is just bad news.
18:01So people will judge the quality of what we say,
18:03but Caro, the entire world is listening to us.
18:09Well, I'll pick up where my leader left off.
18:12Actually, since the start, we've been talking about the tariff crisis or the start of the campaign.
18:17We mentioned that the Saguenay-Lac-Saint-Jean region was the hardest hit by the tariffs.
18:24So we were already making concrete proposals.
18:27We see there's been some good news, some discussions.
18:30We see the bloc has been useful in the decision-making.
18:34We came out last week with the forestry workers asking for a reduction and broader eligibility.
18:41We're pushing concrete plans.
18:42That's what we do.
18:43We've discussed the tariff crisis and its regional impact from the start.
18:50No, that's true.
18:51I stand corrected.
18:52This morning there was a report in the media outlets competing directly with yours.
18:58And we have figures clearly showing that Quebec is being deeply affected, particularly within the metal sector.
19:03We are constantly talking about the need for local processing because when you are hit hard in the metal sector,
19:09it is usually because you are exporting raw primary metals that are then processed elsewhere,
19:14meaning the added value is created abroad.
19:17Saguenay-Lac-Saint-Jean, well, it's aluminum, it's forestry, it's supply management.
19:20And in a city like Saguenay, it's a lot of arts and culture.
19:26Quebec is clearly the jurisdiction, the Canadian province, if it even really is one, that's most affected by the tariffs.
19:33And the Saguenay-Lac-Saint-Jean region is certainly the most affected in Quebec by all the tariffs.
19:39We'll keep making our political case until next Monday, hoping for maximum attention.
19:44Besides, unfortunately, you're stuck with me.
19:46I'm not leaving until Tuesday.
19:51Good morning, Mr. Blanchet.
19:54Pierre-Olivier Poulin from Le Quotidien.
19:57I'd like to hear your thoughts on how Mr. Carney has done a bit of 180 on the culture issue
20:01and has opened up to speaking with you.
20:03How do you see culture being used in this trade war?
20:08It was first used by Mr. Carney as a bargaining chip without asking for anything in return.
20:14He gave it all up.
20:15Internet giants, incredibly wealthy companies, richer than most countries in the world, don't pay their taxes in Canada.
20:21They had a 3% tax that Mr. Carney abandoned and they had obligations to contribute to Quebec and Canadian
20:26content at the rate of 15% or the equivalent of 15% of their revenue with no impact on
20:32the consumer's bill, by the way.
20:35And Mr. Carney gave all that up.
20:37It got him absolutely nothing.
20:38So, first, I say bring them back.
20:39He's more in a mindset of we'll try to compensate in other ways.
20:43But I don't want that other way to come out of taxpayers' pockets since these companies should be contributing to
20:49the growth, maintenance and enrichment of a strong cultural and media sector for Quebec.
20:55But the mere fact that we're formally starting discussions on this subject at the end of September, given the Bloc
21:02Kouba Khoi's habit of not letting go once we sink our teeth in, means we should be able to get
21:06something out of it.
21:08Are you also surprised by how quickly this is happening?
21:11To use your words, when there's a canyon of difference, it's usually rare to return to the negotiating table so
21:18quickly just like that.
21:20I hope, I believe, and I hope that the prime minister is admitting to something that wasn't on the table
21:26before.
21:26And all of this has happened in the last few days.
21:32He seems to have realized that to arrive in Washington with a strong position, he needs a consensus among the
21:41Canadian provinces to say, look, I speak for all these people.
21:45That's not easy to build.
21:46He's going to have to put in the time because, yes, Alberta's interests and Quebec's interests aren't the same.
21:54And he needs a consensus with the parties in the House of Commons.
21:57No one has forgotten that he didn't win a majority.
22:00He cobbled together a majority, notably by sending the MP for Chicoutimi Le Fior to retire in the Senate.
22:09People know that a consensus in the House of Commons means you sit down with the leaders of the other
22:14parties and say, here's what we could do to be able to arrive in Washington and say we won't be
22:18divided.
22:19And let's remember that not so long ago, the Americans reserved the right to apply different tariffs depending on the
22:24region of Canada.
22:25That was really about creating chaos in any hypothetical consensus.
22:30For that reason, I think the conversations could take place in a relatively healthy and calm manner.
22:34And the government has already spent much more money than what the cultural sector is asking for on things that
22:39are a lot stupider than what the cultural sector is asking for.
22:42Thank you very much.
22:47Hello, Catherine Boscher, reporter for TVA.
22:49I'll just adjust the mic.
22:52Well, I'd like to hear your thoughts on do you think Ottawa should use tariffs as leverage in negotiations or
22:59go all the way,
23:00even if it means the trade war might be prolonged if we go that route?
23:05Timelines are varied.
23:08I'm convinced that there are still conversations happening, maybe not at the top level.
23:18Between the United States and Canada.
23:20I am convinced that the immense pressure exerted by the American economy upon the White House will eventually compel those
23:26who are less dogmatic,
23:27which for the moment excludes both Mr. Trump and Mr. Lutnik, who are far more driven by dogma than they
23:33are by economic principles,
23:34to reconsider some of their positions.
23:38I believe the president will be weakened during the midterm elections, and I believe that in a year he will
23:45become what the Americans call a lame duck,
23:47a president in office who no longer really has any power.
23:52That is the entire window of opportunity.
23:55We have to build any real leverage.
23:58However, nobody wants to see a conflict or a tariff war.
24:02It is a necessary evil brought on by a president who has much more fun posting on his own social
24:09network than he does reading the important documents sitting on his desk.
24:16It is going to take quite a significant amount of time, but inevitably a sense of common reason will find
24:21its way back,
24:22and we will see a return to the formal negotiating table.
24:25So I hope that as soon as possible we'll negotiate, be rational, and avoid the excesses we saw in the
24:30last free trade agreement negotiation.
24:32I hope we'll protect culture, which, by the way, is subject to an exemption under an international treaty called the
24:38Declaration on the Diversity of Cultural Expressions,
24:40which excludes culture from trade agreements.
24:44As a former ambassador Cohen once explained to me, the American people truly respect and will continue to respect the
24:50language laws here in Quebec,
24:51and within that environment we should certainly be able to get some real work done.
24:55My other question, if you were in Mark Carney's shoes, what's the first measure you would have put in place
25:00to protect Quebecers from the tariff war?
25:04Actually, there'd be nuances regarding the imposition of tariffs, but there'd be counter-tariffs.
25:09Obviously, I would have done what's in the blocs platform.
25:11I would have said, first, one of the main elements to support the local economy is local consumption,
25:16so eliminating the disparity for retirees between 65 and 75 versus those over 75.
25:24I would have also put a wage subsidy program in place.
25:26Maybe not exactly like that.
25:27It seems complicated because, you know, the employment insurance system isn't exactly the best oiled machine in Canada, right?
25:33Generally, you hear weird noises when you deal with it.
25:36It's the mechanics breaking down.
25:39But regardless, there would have been that.
25:41But obviously, I would have said, you won't touch arts, culture, or the necessary dynamism of a media network used
25:48so that regions recognize themselves in their own news in any way, shape, or form.
25:53And God knows that Saguenay-Lac-Saint-Jean, or Abitibi-Temiskamingi, or Gaspési-Bassin-Laurent are suffering right now in
26:01that area.
26:04I would have repeated that there's no negotiation possible on the language issue,
26:08and I would have said, listen, every check coming from the Canadian government that was going to the U.S.,
26:13there won't be any more until further notice.
26:16The F-35s, we're putting those on ice.
26:18I'm happy with the announcement about the ships yesterday because it's entirely in Quebec,
26:22and that's how it should be done.
26:25Well, I would have to say that all the military purchases you requested from us,
26:28they have been put on ice.
26:29As for the funding for those oil companies, that has been completely cut off.
26:32I would certainly bring back the mandatory quotas regarding the percentage of electric vehicles
26:37that all manufacturers are required to offer.
26:39I'd restore the greenhouse gas emission caps for light vehicles.
26:45Everything that was done and then didn't work, and that was good before,
26:50and that should still be considered good,
26:52I'd restore it, and I'd go get funding to support businesses,
26:55help their diversification, help the transformation on the domestic market.
27:00So there are good things being done.
27:02I don't want to knock it.
27:03It would have been different.
27:04But, well, of course, I'd prefer a four-way negotiation instead of a three-way negotiation.
27:08Mexico is fine.
27:10Canada is okay.
27:11Obviously, the U.S.
27:12Quebec could be at the table.
27:14Because if there is one single thing that the events of the last few days have shown us quite unequivocally,
27:18it is the fact that Quebec, simply by being its own unique self,
27:22has played an absolutely fundamental and decisive role in the process of abandoning such a bad deal,
27:26which clearly proves once and for all that Quebec truly has its rightful place here.
27:30I would like to say thank you.
27:31And as for you guys...
27:35Anyway, you can ask me about that later.
27:36I really appreciate your time.
27:38It was my absolute pleasure.
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27:48Download the OneIndia app now.
27:50OneIndia app now.
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