The Long Road to the US Election Nears an End – or does it?

The Long Road to the US Election Nears an End – or does it?

Author: TD Securities October 24, 2024 Duration: 45:37
In Episode 57, Frank invites Chris Krueger, TD Cowen's Washington politics expert, to the podcast to discuss the upcoming November 5th US Election and key factors that will determine who wins the Presidential race. Frank explains the importance of the election outcome to Canada, noting that if Trump is true to his word (and there is no reason to doubt him), then a Republican victory would lead to a weakening (if not outright end) of multilateralism globally. While the USMCA might survive, the threat of unilateral tariffs will overhang Canada-US relations for the duration of the next Administration. We discuss down ballet Congressional votes, which according to both Frank and Chris are likely to lead to a split Congress. Chris also weighs in on the risk of outlier events disrupting the peaceful transition of power. We wrap up with Frank's take on the Federal Liberal Caucus revolt, and the likelihood that Prime Minister Trudeau stays on through the next election in Canada, especially considering incumbent defeats in provincial elections from coast to coast. Chapter Headings: 0:55 - Is the US Election the Most Consequential in History? 2:11 - Key Variables that Will Decide the Outcome 8:58 - USMCA – Threat of Unilateral Sanctions from a Trump Administration 14:07 - Will the Prime Minister Push Biden to Resolve Softwood Lumber Dispute? 16:50 - Risk of Outlier Events Disrupting Peaceful Transition of Power 27:02 - Trump Tax Breaks and Debt Ceiling 33:19 - Placing Bets on the Winner 36:28 - Liberal Caucus Revolt and Likelihood Trudeau Stays on Through Next Election

Each month, Peter Haynes sits down with Frank McKenna for a conversation that cuts through the noise of global headlines. The Geopolitics with Frank McKenna podcast provides a rare perspective, shaped by McKenna’s unique blend of experience as a former Canadian Premier and Ambassador to the U.S., now serving as Deputy Chair at TD Securities. This isn't a theoretical discussion; it's a practical analysis of how international tensions, trade disputes, and shifting alliances directly impact markets and business strategies. You’ll hear nuanced takes on the stories dominating the news, grounded in a deep understanding of both political corridors and boardrooms. Haynes guides these monthly dialogues to unpack complex issues with clarity, making the forces shaping our world accessible and relevant. For anyone looking to comprehend the real-world implications of global power dynamics, this series offers essential listening. The insights throughout this podcast come from a place of firsthand experience, offering listeners a valuable lens on the interconnected nature of policy and finance. Tune in for thoughtful, forward-looking conversations that go beyond the soundbite.
Author: Language: English Episodes: 50

Geopolitics with Frank McKenna
Podcast Episodes
Canada's Acute Case of Tariffitis [not-audio_url] [/not-audio_url]

Duration: 36:30
Episode 60 is dominated by recent events in Ottawa, a period Frank describes as the most chaotic in his lifetime. Frank first dissects the decision by Chrystia Freeland to resign from her post as Minister of Finance prio…
Post Election Hangover – Now What? [not-audio_url] [/not-audio_url]

Duration: 41:22
Frank is back from a vacation in the Far East, and he is fired up to talk about the US Election and its implications for global geopolitics. We cover Trump's controversial cabinet picks. Frank is supportive of Marco Rubi…
The US Election – Post Mortem with Chris Krueger and Rona Ambrose [not-audio_url] [/not-audio_url]

Duration: 42:29
In this special edition of Geopolitics, we check in on a post-election panel discussion at the 25th Annual TD Securities Portfolio Management and Market Structure Conference. With Frank Mckenna out of the country, Geopol…
Canada's Provincial and Federal Election Watch [not-audio_url] [/not-audio_url]

Duration: 43:52
Episode 56 is a mostly Made in Canada geopolitical discussion. Frank covers the NDP decision to end its supply and confidence agreement with Prime Minister Trudeau and his Liberal Party, leading to speculation of a snap…
Canada's Aging Infrastructure – Adversity or Opportunity? [not-audio_url] [/not-audio_url]

Duration: 38:07
In Episode 55, Frank discusses Ukrainian tactics in its war with Russia, suggesting that the incursion into Russian territory and recent drone attacks are more than just bargaining chips. Crossing back to North America,…
Frank McKenna Live [not-audio_url] [/not-audio_url]

Duration: 49:04
Who says the summer is boring? In Episode 54, Frank admits there is not enough time in the day to keep up with the current geopolitical landscape. After a brief history of Frank's storied career, this month's discussion…
Global Election Calendar [not-audio_url] [/not-audio_url]

Duration: 44:36
Episode 53 is all about elections. Frank first covers the upcoming twin bill of elections on the other side of the Atlantic starring the French and English. The former coming as quite a surprise to the market, and the la…
Trump, Trump, and More Trump… [not-audio_url] [/not-audio_url]

Duration: 35:20
Episode 52 takes us on a journey across several continents and covers a wide spectrum of topics. After remembering the legacy of his good friend and New Brunswick business icon Arthur Irving, who passed away recently, Fr…
Back to the Home Front in Canada [not-audio_url] [/not-audio_url]

Duration: 42:01
n Episode 51, we circle back to Canada and focus on some of the key issues impacting our beautiful country. After a quick discussion on the apparent de-escalation of hostilities between Iran and Israel, which Frank is ho…