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Trudeau’s got a NAFTA 2.0. Now he has to sell it to Canadians

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It’s almost certain that the highs and lows of Justin Trudeau’s first three years in office will be defined by the nearly 14 months his government has spent negotiating a new trade deal with the U.S. and Mexico. He’s probably fine with that.

The prime minister didn’t need to be friends with President Donald Trump. He knew there would be a political upside at home to standing firm against a president with a penchant for denigrating his opponents.

« We kept our collective resolve, » Trudeau told reporters on Monday, « even when some were recommending we capitulate. »

But allowing the talks to drag from spring into summer, then into the fall, came at an economic cost.

Bank of Canada Governor Stephen Poloz warned that the lingering uncertainty over NAFTA’s chances of living another year could convince firms to choose the U.S. for investment — especially after Trump came out with a tax reform package that lowered corporate rates and allowed businesses to write off 100 per cent of their investments in new technology.

A deal was never a sure thing. Trudeau knew that, hovering constantly in the background, was the threat of losing secure access to Canada’s largest trading partner. That would have been devastating for Canada’s economy and, quite likely, for the Liberals’ brand as well.

Trump frequently derided Trudeau and his negotiating team, dismissing the younger politician as weak and threatening to impose punitive tariffs on autos and auto parts on Canada if negotiations to renew NAFTA failed.

Despite the taunts, despite the fact the U.S. had reached a separate deal with Mexico weeks earlier (both nations indicated they were prepared to move ahead without Canada) and despite criticism from some Conservatives, it finally came together.

Mixed reactions

« Alongside our new European and trans-Pacific trade agreements, today we are securing a higher standard of living long into the future for the people of Canada, » Trudeau said.

Saying so is one thing. Convincing voters — and expecting they’ll see the benefits before next year’s federal election — is something else.

Early domestic reviews of the deal are running a wide gamut. Dairy and poultry farmers, in particular, aren’t happy that U.S. farmers will get greater access to Canadian markets. They’ll have to be compensated, which could cost Canadian taxpayers hundreds of millions of dollars.

Steel and aluminum producers worry that Trump’s tariffs on their products, imposed on national security grounds, will continue. There is nothing in this deal — nothing that the prime minister could point to today — to suggest that will change soon.

Ontario Premier Doug Ford kept a foot firmly in both the glass-half-full and glass-half-empty camps today.

« While I’m optimistic that the USMCA announced today will create continued opportunities, I remain concerned about the impact of Canada’s reported concessions on Class 7 milk and access to Ontario’s dairy market could have on our agriculture sector, » Ford said in a written statement.

« We also remain concerned about the remaining steel and aluminum tariffs. »

On the other side came praise from the auto workers’ union, Unifor, and the Canadian Labour Congress — whose leaders had been involved in the discussions from the very beginning — for heading off those same tariffs on the auto sector.

The Canadian team won praise as well for keeping the independent dispute resolution mechanism that was a deal-breaker for Brian Mulroney during the original NAFTA talks.

The former prime minister released a statement Monday indicating he believes Canada achieved most, if not all, of its objectives:

« And I commend all — from the prime minister down — who contributed to writing this vital new chapter in the ongoing drive for greater Canadian strength and prosperity, » Mulroney said.

Mulroney knows what it’s like to make a political gamble on a trade deal. Back when he was in power, the public and most of the premiers saw little benefit to a free trade deal with the United States.

Charles McMillan, a former Mulroney adviser, wrote in 2007 that all the warnings of economic ruin that attended the negotiation of the original Canada-U.S. free trade agreement turned out to be illusory:

« Despite plant closures, as firms rationalized their production runs, expanded production to meet new markets and introduced powerful new technologies, trade expansion, job creation and trade growth reached unprecedented levels, doubling every eight years. »

Why did this take so long?

Trudeau’s own bottom line in these talks was always that no deal would be better than a bad deal. He claimed a win-win-win was there for the taking — even after his two negotiating adversaries crossed the finish line weeks earlier.

He will be pressed now to show that dragging out these talks to the final hours, with all the uncertainty it created for businesses and investors, led to Canada getting more than it would have otherwise.

The government also will have to counter the narrative from south of the border, where Trump has left no doubt that he really, really likes the deal he’s dubbed the ‘USMCA’ (the United States-Mexico-Canada Agreement).

President Donald Trump speaks about the new trade deal between Canada, the U.S. and Mexico outside the White House on Monday. (Pablo Martinez Monsivais/Associated Press)

Trump insisted Monday that U.S. farmers won big in getting more Canadian market access for their dairy and poultry, that new chapters on intellectual property, the digital economy and banking are also wins for the U.S.

He likes the deal so much that he even had kind words for Trudeau.

« There was a lot of tension, I will say, between he and I more specifically, » Trump said today. « And it’s all worked out. You know when it ended? About 12 o’clock last night. »

But could it have worked out sooner? Was a deal not in place weeks earlier?

Ontario Conservative MP Pierre Poilievre asks Minister of Foreign Affairs Chrystia Freeland about the new US, Mexico and Canada Agreement in Question Period 2:31

Foreign Affairs Minister Chrystia Freeland indicated the turning point in the overall talks came early, when her U.S. counterpart Robert Lighthizer softened his demand that half of all auto parts be made in the U.S. for autos to qualify as North American.

« When he decided that was not going to be his approach and we worked on labour value content, that was probably the single pivotal moment. From then on, we felt that the outline of a deal was there. »

Even if it took until last night to finally fill it in.

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Anglais

Nostalgia and much more with Starburst XXXtreme

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Get a taste of adventure with Starburst XXXtreme based on the legendary NetEnt Game. The nostalgic themes are sure to capture fans of the classic version as they get treated to higher intensity, better visuals, and features. The most significant element of the game is its volatility. Patience will not be an essential virtue considering the insane gameplay, and there is a lot of win potential involved. It retains the original makeup of the previous game while adding a healthy dose of adrenaline. 

Starburst Visuals and Symbols

The game is definitely more conspicuous than before. The setting happens over a 5-reel, 3-row game grid with nine fixed win lines, which function if a succession from the left to the right reel is present. Only those players that that attain the highest win per bet line are paid. From a visual standpoint, the Starburst XXXtreme slots illustrates lightning effects behind the reels, which is not surprising as it is inherited from the original version. Available themes include Classic, Jewels, and Space. The game is also available in both desktop and mobile versions, which is advantageous for players considering the global pandemic. According to Techguide, American gamers are increasingly having more engaging gaming experiences to socialize to fill the gap of in-person interaction. Starburst XXXtreme allows them to fill the social void at a time when there is so much time to be had indoors. 

Starburst XXXTreme Features

Players get to alternate on three features which are Starburst Wilds, XXXtreme Spins, and Random Wilds. The first appears on reels 2,3, or 4. When these land, they expand to cover all positions while also calculating the wins. They are also locked for a respin. If a new one hits, it also becomes locked while awarding another respin. Starburst XXXtreme offers a choice between two scenarios for a higher stake. In one scenario with a ten times stake, the Starburst Wild is set on random on reels 2,3, or 4, and a multiplier starts the respin. The second scenario, which has a 95 times stake, starts with two guaranteed starburst wilds on reels 2,3, or 4. it also plays out using respin game sequence and features. The game also increases the potential with the Random Wilds feature to add Starburst Wilds to a vacant reel at the end of a spin. Every Starburst Wild gives a random multiplier with potential wins of x2, x3, x5, x10, x25, x50, x100, or even x150.

The new feature is sure to be a big hit with the gaming market as online gambling has shown significant growth during the lockdown. AdAge indicates the current casino customer base is an estimated one in five Americans, so Starburst XXXtreme’s additional features will achieve considerable popularity. 

What We Think About The Game

The gambling market has continued to diversify post-pandemic, so it is one of the most opportune times to release an online casino-based game. Thankfully Starburst XXXtreme features eye-catching visuals, including the jewels and space themes. These attract audience participation and make the gameplay inviting. The game also has a nostalgic edge. The previous NetEnt iteration featured similar visuals and gameplay, so the audience has some familiarity with it. The producers have revamped this version by tweaking the features to improve the volatility and engagement. 

That is characterized by the potential win cap of 200,000 times the bet. Starburst XXXtreme does not just give betting alternatives for players that want to go big. The increase of multipliers also provides a great experience. If the respins in the previous version were great, knowing that multipliers can go hundreds of times overtakes the game to a new level. 

Players should get excited about this offering. All of the features can be triggered within a single spin. Whether one plays the standard game or takes the XXXtreme spin route, it is possible to activate all of the features. Of course, the potential 200,000 times potential is a huge carrot. However, the bet size is probably going to be restricted and vary depending on the casino. It is also worth pointing out that a malfunction during the gameplay will void all of the payouts and progress. Overall, the game itself has been designed to provide a capped win of 200,000 times the original bet. 

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Anglais

‘We’re back’: Montreal festival promoters happy to return but looking to next year

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In downtown Montreal, it’s festival season.

In the city’s entertainment district, a musical act was conducting a sound check on stage Friday evening — the second day of the French-language version of the renowned Just For Laughs comedy festival. Tickets for many of the festival’s free outdoor shows — limited by COVID-19 regulations — were sold out.

Two blocks away, more than 100 people were watching an acoustic performance by the Isaac Neto Trio — part of the last weekend of the Festival International Nuits d’Afrique, a celebration of music from the African continent and the African diaspora.

With COVID-19 restrictions continuing to limit capacity, festival organizers say they’re glad to be back but looking forward to next year when they hope border restrictions and capacity limits won’t affect their plans.

Charles Décarie, Just For Laughs’ CEO and president, said this is a “transition year.”

“Even though we have major constraints from the public health group in Montreal, we’ve managed to design a festival that can navigate through those constraints,” Décarie said.

The French-language Juste pour rire festival began on July 15 and is followed by the English-language festival until July 31.

When planning began in February and March, Décarie said, organizers came up with a variety of scenarios for different crowd sizes, ranging from no spectators to 50 per cent of usual capacity.

“You’ve got to build scenarios,” he said. “You do have to plan a little bit more than usual because you have to have alternatives.”

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Anglais

MELS new major movie studio to be built in Montreal

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MONTREAL — MELS Studios will build a new film studio in Montreal, filling some of the gap in supply to meet the demand of Hollywood productions.

MELS president Martin Carrier said on Friday that MELS 4 studio construction will begin « as soon as possible », either in the fall or winter of next year. The studio could host productions as early as spring 2023.

The total investment for the project is $76 million, with the Quebec government contributing a $25 million loan. The project will create 110 jobs, according to the company.

The TVA Group subsidiary’s project will enable it to stand out « even more » internationally, according to Quebecor president and CEO Pierre Karl Péladeau. In the past, MELS Studios has hosted several major productions, including chapters of the X-Men franchise. The next Transformers movie is shooting this summer in Montreal.

Péladeau insisted that local cultural productions would also benefit from the new facility, adding that the studio ensures foreign revenues and to showcase talent and maintain an industry of Quebec producers.

STUDIO SHORTAGE

The film industry is cramped in Montreal.

According to a report published last May by the Bureau du cinéma et de la télévision du Québec (BCTQ), there is a shortage of nearly 400,000 square feet of studio space.

With the addition of MELS 4, which will be 160,000 square feet, the company is filling part of the gap.

Carrier admitted that he has had to turn down contracts because of the lack of space, representing missed opportunities of « tens of millions of dollars, not only for MELS, but also for the Quebec economy. »

« Montreal’s expertise is in high demand, » said Montreal Mayor Valérie Plante, who was present at the announcement.

She said she received great testimonials from « Netflix, Disney, HBO and company » during an economic mission to Los Angeles in 2019.

« What stands out is that they love Montreal because of its expertise, knowledge and beauty. We need more space, like MELS 4, » she said.

There is still not enough capacity in Quebec, acknowledged Minister of Finance, the Economy and Innovation Eric Girard.

« It is certain that the government is concerned about fairness and balance, so if other requests come in, we will study them with the same seriousness as we have studied this one, » he said.

Grandé Studios is the second-largest player in the industry. Last May, the company said it had expansion plans that should begin in 2022. Investissement Québec and Bell are minority shareholders in the company.

For its part, MELS will have 400,000 square feet of production space once MELS 4 is completed. The company employs 450 people in Quebec and offers a range of services including studio and equipment rentals, image and sound postproduction, visual effects and a virtual production platform.

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