In the latest episode of On The Line, Matt Gurney dives into the geopolitics of trade and the early days of a new Canadian government.

First up, Ian Lee from the Sprott School of Business at Carleton University joins Matt to talk about the so-called “deal” recently announced between the United States and China. Ian isn’t here to defend Donald Trump — and says so clearly — but he also offers a sharp take on how Trump’s erratic approach to trade could still end up a political win for the U.S. That is, of course, if Trump can stay out of his own way. 

If he can? If his plan works? The implications for Canada? Not great. Especially if you're a fan of the auto sector.

This episode of On The Line is brought to you by Innovative Medicines Canada. With a new government in place, one thing remains clear: Canada must continue to prioritize patients and healthcare innovation. Innovative Medicines Canada is focused on collaborating with all levels of government to improve access to life-saving medicines and develop a healthcare system that prioritizes patients, ignites innovation, and drives economic growth.

Canada’s innovative medicines sector plays a critical role—not just in health outcomes, but in keeping us competitive on the global stage. That’s why, even during a moment of political change, Innovative Medicines Canada is staying focused on the issues that matter most to Canadians. And as Canada moves forward with national pharmacare, Innovative Medicines Canada believes it’s possible to expand access without limiting choice—by strengthening what works and fixing what doesn’t.

Visit innovativemedicines.ca to learn more.

Later in the show, Jamie Carroll — Liberal member of The Line’s Anti-Panel — returns to talk about the first few weeks of Mark Carney’s term as prime minister. He and Matt unpack how the Liberals are settling into their new minority, what the Conservatives are doing (or not doing), and why the NDP still can’t seem to catch a break — even after all that’s happened.

As always, like and subscribe at ReadTheLine.ca. You can also follow us on your favourite podcast app so you never miss an episode. Share it with a friend, post about it online, or just drop it into the group chat. You know the one.

And don’t forget: new On The Line episodes drop Tuesday mornings on audio, with the video version rolling out Tuesday evening on YouTube and across our social channels. Prefer to watch? Stay tuned tonight — and follow us to catch the drop.

Thanks for listening. We’ll see you next week.