The Peak Daily Wheelin’ and dealin’ ♠️ - Carney plays Let's Make a Deal, Montreal rides pension cash to a transit win
Nov 24, 2025
Canada's foreign policy is shifting gears, prioritizing trade and investment over traditional ideals. Meanwhile, Montreal celebrates the opening of its driverless REM train line, offering efficient service that highlights its significant cost and speed advantages. In a bold move, UAE invests heavily in Canadian critical minerals, while the relationship with China and India is reignited through upcoming trade negotiations. A looming concern arises as First Nations nations seek justice over mineral revenues in Manitoba.
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Carney Prioritizes Deals Over Values
- Mark Carney has shifted Canada's foreign policy toward striking business deals rather than promoting values.
- This pivot prioritizes trade and investment to offset U.S. trade risks over traditional human-rights focused diplomacy.
Big Gulf Money Signals New Priorities
- The UAE committed $1 billion to critical-mineral processing and pledged $70 billion more, showing the deal-focused approach.
- Canada is reopening economic relations with China and India to diversify partners and soften U.S. trade pressure.
REM Shows Pension Funds Can Build Cheaply
- Montreal's REM transit extension opened with driverless trains every 2.5 minutes and cost about $140 million per kilometre.
- Its lower cost and speed suggest pension-backed projects can outcompete traditional government-led builds.