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Mark Carney Hit With Final Warning – “Get A Deal Or It’s Over” | MP Chris Lewis

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0:00

What is the worst case scenario if there

0:03

is no deal that comes for these business

0:05

owners? What happens to those 58,000

0:07

jobs?

0:08

>> They're gone forever. So, the jobs are

0:10

lost, the business is lost, the tax base

0:13

is gone. Um, this is this is imminent.

0:17

Like, absolutely imminent.

0:19

>> That industry also feeds the 2.1 million

0:23

manufacturing jobs that are in Canada.

0:25

What happens then?

0:32

There's a number I want you to think

0:33

about. 2.1 million.

0:37

That's the amount of jobs that are in

0:39

the Canadian economy that have to do

0:41

with manufacturing.

0:43

Now, think about another number, 58,000.

0:47

That's the amount of jobs that comprise

0:49

the mold, tool, and dye industries in

0:52

Canada.

0:54

And that number is especially important

0:56

because that industry is under threat

0:58

right now.

1:00

Not one year from now, not five years

1:02

from now, between three and six months

1:04

from now because of the latest 232

1:06

tariffs that have come down from

1:08

President President Donald Trump. We

1:11

covered this in committee the other day

1:14

and there was powerful testimony that

1:16

was delivered by many of the business

1:18

owners that chose to come to Ottawa to

1:21

fight for their business and their

1:22

employees because Ottawa has not been

1:25

listening. And Mark Carney has not been

1:27

working.

1:29

He needs to be doing his job and going

1:32

down to Washington until he gets a deal

1:34

with Donald Trump. Because if he

1:35

doesn't,

1:37

the mole, tool, and die industry could

1:39

end up vanishing from the Canadian

1:41

economy forever and having a

1:42

catastrophic impact on the 2.1 million

1:45

jobs in manufacturing across the

1:47

country.

1:49

Joining us to talk about this today is

1:52

Member of Parliament Chris Lewis from

1:54

Essex. and he is literally at ground

1:58

zero of where the mold tool and die

2:01

industry is in Canada. So Chris, thanks

2:04

for joining us on Northern Perspective

2:06

today.

2:06

>> Well, thank you so very much, Ry. It's

2:08

such an important topic. Um there's just

2:11

so many jobs at risk, so many businesses

2:14

that are literally hemorrhaging and have

2:16

no clarity, no clarity, and it's all

2:19

about the uncertainty and how do you run

2:21

a business in uncertain times. So it

2:23

it's an honor to be here. I thank you so

2:25

much for educating uh Canadians from

2:28

coast to coast to coast quite frankly.

2:30

Of course uh the the Essex Windsor

2:32

region um is probably the most

2:35

influential uh when it comes to mold and

2:38

tool and diet, but Quebec equally uh has

2:41

a lot of tool and dye and mold there as

2:42

well. So um it's but again it's across

2:45

the country. So it's a wildly important

2:47

topic. So before we get started, Chris,

2:50

there's a special special message that

2:52

you have for a special someone today,

2:54

isn't there?

2:54

>> Yeah, there is. And unfortunately, I'm

2:56

not with that special someone right now,

2:58

but hopefully maybe even this afternoon

2:59

I will be. Um my wife my wife Allison's

3:03

50th birthday today. So um I love you

3:06

lots. I love you dearly. Um thanks for

3:10

allowing me to do what I do. Thanks for

3:11

giving me the freedom to do what I do.

3:14

um she knows it's a passion of mine, but

3:16

but the sacrifice that she makes for

3:18

myself and for our family is enormous

3:20

and I couldn't do this without her. So,

3:21

happy birthday, sweetie.

3:23

>> Now, were these tariffs that came down

3:26

from President Trump on April 6th, were

3:29

they a surprise to the industry? They

3:31

they must have been.

3:32

>> If I had shipped the part on Holy

3:34

Thursday or Good Friday, it would have

3:37

cost me $1,500 in tariffs. But because

3:41

we delayed till the following week after

3:43

Easter Monday, uh it's now $36,000.

3:49

So not $1,500. And it's hard to wrap

3:51

your have to wrap the brain around.

3:53

These numbers are real. And this is on a

3:54

$244,000

3:56

tool.

3:57

>> That's that's an insane number. That

4:00

that means his tariff cost on that one

4:02

part went up by over 1,000%.

4:07

>> Yes.

4:08

>> Which is insanity. And for those that

4:09

don't know, um, so the the way this

4:13

happened is before April 6th, and you

4:17

can correct me if I'm wrong, but my

4:19

understanding is that for every tool

4:22

they shipped, they would have to pay a

4:25

tariff that uh that was on the 232

4:27

tariffs based on the value of the steel

4:30

that was in that product or whatever,

4:33

correct?

4:33

>> Uh, whatever metal that was in there.

4:35

and they would have to pay, you know, 10

4:37

to 15% on that. So if the steel was

4:40

valued at $100, they would pay between

4:41

10 and $15. But now, now

4:46

what has happened? So you're you're

4:48

absolutely correct. That's what it was

4:50

previously. So there's a there was a

4:52

tariff for the the um US steel, there

4:55

was a tariff on Canadian steel, and a

4:57

tariff on Chinese steel. So instead now

4:59

of saying there's going to be various

5:01

tariffs that will all go into the just

5:03

the tool itself, what the new 232 tariff

5:07

now says is it's on the complete price

5:10

of the tool. So it's on the purchase

5:12

order price, which also would include

5:14

all of your labor, right? All of your

5:17

overhead, all of those things is what

5:19

they're paying a tariff on now. And

5:20

that's why we're seeing the wild tariffs

5:22

going up. And that's why I think even a

5:24

more important point to this whole

5:26

thing, Ryan, is um this very tool, they

5:31

got the PO last year, last May.

5:34

So a year ago, this was this was what

5:37

they've been working on. All those 1,500

5:40

labor hours into one tool. You think

5:43

about how many jobs that is. But they

5:45

started it last year and now with the

5:48

flick of a switch, it goes from 1,500 to

5:50

36,000. And I guess the big question is

5:53

so why is Prime Minister Carney not in

5:56

the United States screaming about this?

5:57

And why does he think it's okay to just

6:00

to to punt the to punt the ball down the

6:02

road? Uh it's not okay. It's wrong and

6:05

people are going to be losing their jobs

6:07

quickly.

6:08

>> So ladies and gentlemen, this is a

6:11

example of some of the numbers from one

6:13

of the companies that was actually in

6:14

committee yesterday and this is what

6:16

Chris is talking about right now. So

6:18

some proprietary information has been

6:21

removed. So it keeps the confidentiality

6:23

of the client and the actual tool

6:24

itself. But you can see the purchase

6:26

order date was from May 19th of 2025.

6:30

And there's four purchase orders here.

6:32

And you can see the price. This is the

6:34

price to the customer. So this is

6:37

supposed to include any margin that the

6:39

the company would actually earn. So they

6:43

sold it for $359,000

6:45

on the first one, 173 second, 205 on the

6:48

third, and 129 in the fourth. So here's

6:51

where it gets complicated. The steel

6:53

tariffs came in on August 18th of 2025.

6:56

So that price already went up 13,871

6:59

or around 4,000 or 3,600 on the other

7:04

products. So the company said, "Okay,

7:06

we'll just absorb that. Not a problem."

7:08

Well, now

7:10

now the tariff on that has gone up to

7:13

53,000, 26,000, 30,000, and 19,000. So

7:17

when when they were expecting to pay

7:18

around $25,000 to absorb the tariffs

7:21

that were implemented in August, now

7:24

those tariffs are looking at $130,000

7:27

for all of them for an extra $14,000

7:32

that they did not expect to actually

7:35

pay. And this drives up that total tool

7:37

price to $1 million

7:41

on all of those orders.

7:43

So I guess the I guess the first

7:46

question that that should be asked is so

7:48

when these tariffs came down, did the

7:50

business owners try reaching out to the

7:52

government? Did they try reaching out to

7:53

the minister and and cabinet? And did

7:56

they get any response?

7:58

>> Yeah, I don't I don't know any specifics

8:00

on that. um they're very very wise

8:03

people with a whole bunch of

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