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The Conservative Party has released a Christmas attack ad targeting the Liberals, using a somber version of Jingle Bells to underscore the cost-of-living pressures facing Canadians this holiday season. The ad points to rising grocery prices, record food bank use, and polling showing more than half of parents say they can’t afford what their children deserve for Christmas, reinforcing the Conservatives’ focus on affordability.

Canada is set to begin formal trade talks with the United States in January as the North American free trade agreement comes up for review. The negotiations are already under strain after U.S. trade officials said renewal depends on Canada opening its dairy market to American products — a position Prime Minister Mark Carney has rejected.

Conservative leader Pierre Poilievre argues the government has failed to secure tariff-free access to Canada’s largest export market and says expanding energy exports to overseas markets would strengthen Canada’s negotiating position.

Jonathan Wellum, CEO and president of Rocklinc Investment Partners, joins to weigh in on Canada’s affordability crisis, weak economic growth, and the risks of Ottawa’s current trade strategy.

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