Aug 28, 2026 · 26 min · 8 segments
On this episode of Mike vs. Nick, Mike and Nick discuss the complete breakdown of trade negotiations between Canada and the United States, faith in Mark Carney and Donald Trump, what this means for…
that we learned that the trade negotiations, Canada versus USA, that Mark Carney had called back the negotiators to Ottawa and that there was no deal.
I think we need to hear from you, Nick Gainez.
Update us what happened, and then we need your thoughts on where we're at.
Well, I mean...
We're talking about it now, right? It's not just me.
Well, I'm here too.
It's a big deal.
It's a big deal, in my opinion.
It doesn't help Canadians not having a deal.
A lot of businesses don't know what to do, don't know where to go.
Uncertainty is probably the biggest economic killer out there.
You know, I was optimistic.
We had some good announcements from Carney for the HST.
We actually saw in our industry that the low-rise market substantially had a ton of sales, which is fantastic for our market.
But after this, you don't know what's going to happen.
And uncertainty is just a killer for the economy.
So it's not good.
And everybody, we all know that everybody, the majority of Canadians hate Trump.
But that doesn't really help us.
And so where I sit is that there were some reasons given, but we haven't.
I'm with Polyav calling out the prime minister to share the details of what deal was on the table.
What did we actually walk away from? Because, you know, I'm not going to believe what the U.S.
is saying because I'm Canadian.
I should believe my own government.
that we learned that the trade negotiations, Canada versus USA, that Mark Carney had called back the negotiators to Ottawa and that there was no deal.
I think we need to hear from you, Nick Gainez.
Update us what happened, and then we need your thoughts on where we're at.
Well, I mean...
We're talking about it now, right? It's not just me.
Well, I'm here too.
It's a big deal.
It's a big deal, in my opinion.
It doesn't help Canadians not having a deal.
A lot of businesses don't know what to do, don't know where to go.
Uncertainty is probably the biggest economic killer out there.
You know, I was optimistic.
We had some good announcements from Carney for the HST.
We actually saw in our industry that the low-rise market substantially had a ton of sales, which is fantastic for our market.
But after this, you don't know what's going to happen.
And uncertainty is just a killer for the economy.
So it's not good.
And everybody, we all know that everybody, the majority of Canadians hate Trump.
But that doesn't really help us.
And so where I sit is that there were some reasons given, but we haven't.
I'm with Polyav calling out the prime minister to share the details of what deal was on the table.
What did we actually walk away from? Because, you know, I'm not going to believe what the U.S.
is saying because I'm Canadian.
I should believe my own government.
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