Geopolitics with Frank McKenna

December Musings and Predictions for 2026


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Episode 72 of Geopolitics is a mix of current events and predictions for 2026. Frank discusses the U.S.'s recently released National Security Strategy that some pundits believe is akin to the original Monroe Doctrine published following the American Revolution that aimed to establish U.S. dominance over the Western Hemisphere.  After praising outgoing Canadian Ambassador to the U.S. Kirsten Hillman on her retirement announcement, Frank provides advice to the next person in the foxhole for Canada in Washington. He discusses the continued aisle crossings in Ottawa pushing the Liberals near to a majority and reminds listeners that the practice is nothing new in Canada. Before getting to his 2026 predictions, Frank weighs in again on the MTG vs Trump saga and finally whether Indiana's rebuttal of President Trump means the end of gerrymandering…for now. In terms of predictions, you won't want to miss his thoughts on the future of CUSMA, the Trans Mountain Pipeline, the War in Ukraine, and the Mid-term elections in Washington.

 

This podcast was recorded on December 15, 2025

 

Chapter Headings:

 

00:43 - The Monroe Doctrine 2.0

07:52 - Advice for the Incoming Ambassador in Washington

12:18 - Another MP Crosses the Aisle

17:12 - MTG Questions Whether Trump is America First

23:09 - The End of Gerrymandering…for Now

26:14 - 2026 Predictions

For relevant disclosures, visit: tdsecurities.com/ca/en/legal#PodcastDisclosure. To learn more about TD Securities, visit us at tdsecurities.com or follow us on LinkedIn @tdsecurities.


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Geopolitics with Frank McKennaBy TD Securities


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