August 30, 2026

Michael's Daily Notes

The trade fight with Canada escalated again this week. 

Prime Minister Mark Carney walked away from trade talks, then announced matching tariffs on American goods, some as high as 50 percent. On Thursday, President Trump signed an executive order renaming Lake Ontario as "Lake America." Carney noted the name traces to a Wendat word and dates back more than 400 years: "This lake is called Lake Ontario - today and forever."

There is a case for the pressure. The White House points to a persistent average annual goods trade deficit of roughly $50 billion over the last decade, and to Canadian barriers that keep American access from being reciprocal. Trump leveled up NATO when it needed leveling. I want this fair, too, and I want it kept fair.

But something else is going on, and David L. Cohen named it. The former U.S. ambassador to Canada was in my SiriusXM studio this week when I asked him what it will take to repair the relationship. His answer: "We owe them an apology." He said that he continues to travel to Canada where he is well-received, and that he does just that.

"I'm apologizing for two things," he said. "I apologize for the aggressive and unjustified financial treatment of our current trade policies, and I apologize for the tone of the rhetoric that has been applied ... from certain quarters in the United States to Canada." Including the 51st state talk.

SiriusXM reaches much of Canada, so we took calls that hour and heard almost exclusively from Canadians. They were not angry so much as hurt. 

Here is my observation: never in my life have I gone to bed worried about our northern border. They are good people and have been good neighbors.

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For the Left

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For the Right

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