Tag: Energy Infrastructure
Is Globalization Ending? Manufacturing Reshoring and Global Trade with Mike Steger, Part 2 (Ep. 74)

Is Globalization Ending? Manufacturing Reshoring and Global Trade with Mike Steger, Part 2 (Ep. 74)

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Why can an economy grow on paper while households and businesses still feel worse off? The answer may come down to productivity, wages, housing, energy, and how much the country still produces for itself.

In this episode, John and Alex Soutsos discuss globalization, Canada-US trade, and the future of North American production with Mike Steger, co-founder of Promethean Action and host of Promethean Overviews. They examine why Canada’s GDP can rise even as productivity and living standards fall, how tariffs and the USMCA could affect Canadian businesses, and why COVID exposed North America’s dependence on foreign manufacturing and supply chains.

The conversation also explores rising national debt, economic sovereignty, nuclear power for AI data centers, and whether the US dollar will remain the principal reserve currency. For Canadian physicians, medical professionals, business owners, and investors, it offers a closer look at the economic forces that could influence costs, purchasing power, business conditions, and long-term financial planning.

John, Alex, and Mike discuss:

  • Why Canada’s GDP can grow while productivity, purchasing power, and living standards decline
  • How tariffs, USMCA, and supply management could affect Canada-US trade and Canadian businesses
  • Why COVID exposed Canada’s dependence on foreign manufacturing and vulnerable supply chains
  • Whether nuclear power can support AI data centers, energy demand, and new industrial investment
  • And more!

Resources:

Connect with Med-Wealth Financial Services:

Connect with Mike Steger:

About Our Guest:

Mike Steger is the co-founder of Promethean Action and host of Promethean Overviews. He has an academic background in economics and has spent years studying political systems, physical economics, manufacturing, energy, technology, and global trade. Through Promethean Action, Mike works to make large political and economic questions easier for the public to understand.
The Future of Electric Vehicles in Canada: A Deep Dive with Dan McTeague (Ep. 35)

The Future of Electric Vehicles in Canada: A Deep Dive with Dan McTeague (Ep. 35)

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What happens when ambitious electric vehicle goals meet cold, hard realism?

In this episode, John and Alex Soutsos continue their in-depth discussion with Dan McTeague, President of Canadians for Affordable Energy. Tune in to explore the complexities and realities of Canada’s aggressive EV mandates and the broader implications for the auto industry and consumers alike. Dan shares eye-opening insights on why the push for electric vehicles might be jumping the gun without the necessary demand and infrastructure backing it up. 

John, Alex, and Dan discuss:

  • (01:40) The implications of Canada’s 2035 EV mandate and economic impacts
  • (03:35) Challenges of moving away from internal combustion engines, the full cost story of EVs, and why some consumers might hesitate to buy them
  • (25:00) The global perception of green energy alternatives like wind and solar energy, delving into the practicality of current infrastructure
  • (34:31) Real talk on the economic reliance on fossil fuels and what steps should perhaps be considered moving forward
  • And more

Join us for an engaging session that challenges current narratives and offers a plethora of perspectives for anyone curious about the intersection of green policy and ground realities.

Resources:

Connect with Med-Wealth Financial Services: 

Connect with Dan McTeague:

About Our Guest: 

An 18-year veteran of the House of Commons, Dan is widely known in both official languages for his tireless work on energy pricing and saving Canadians money through accurate price forecasts. His Parliamentary initiatives, aimed at helping Canadians cope with affordable energy costs, led to providing Canadians heating fuel rebates on at least two occasions.

Widely sought for his extensive work and knowledge in energy pricing, Dan continues to provide valuable insights to North American media and policy makers. He brings three decades of experience and proven efforts on behalf of consumers in both the private and public spheres. Dan is committed to improving energy affordability for Canadians and promoting the benefits we all share in having a strong and robust energy sector.

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