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	<title>Canada &#8211; PFYT2</title>
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		<title>Canadian Col D.K. Turenne; Meritorius Service Cross for his Skill and Diplomacy during Iran/Israel conflict</title>
		<link>https://pennyforyourthoughts2.ca/2026/08/11/canadian-col-d-k-turenne-meritorius-service-cross-for-his-skill-and-diplomacy-during-iran-israel-conflict/</link>
					<comments>https://pennyforyourthoughts2.ca/2026/08/11/canadian-col-d-k-turenne-meritorius-service-cross-for-his-skill-and-diplomacy-during-iran-israel-conflict/#comments</comments>
		
		<dc:creator><![CDATA[penny2]]></dc:creator>
		<pubDate>Tue, 11 Aug 2026 21:42:06 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[Iran]]></category>
		<category><![CDATA[Israel]]></category>
		<category><![CDATA[US]]></category>
		<guid isPermaLink="false">https://pennyforyourthoughts2.ca/?p=14116</guid>

					<description><![CDATA[Canada.ca Col D.K. Turenne &#8211; For extraordinary leadership and diplomatic skill as director of the Combined Air Operations Center during the Israel-Iran conflict, synchronizing multinational air operations and enabling the safe evacuation of 10,000 personnel from the Al Udeid Air Base, Doha, Qatar, June 2025; Came back to Alberta after having spent 5 years in [&#8230;]]]></description>
										<content:encoded><![CDATA[
<h5 class="wp-block-heading"><a href="https://www.canada.ca/en/department-national-defence/corporate/policies-standards/canforgens/2026/135-honours-and-departmental-awards-announcement.html" data-type="link" data-id="https://www.canada.ca/en/department-national-defence/corporate/policies-standards/canforgens/2026/135-honours-and-departmental-awards-announcement.html">Canada.ca</a></h5>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><strong>Col D.K. Turenne &#8211; For <code>extraordinary leadership and diplomatic skill as director of the Combined Air Operations Center</code> during the Israel-Iran conflict, <code>synchronizing multinational air operations </code>and enabling the safe evacuation of 10,000 personnel from the Al Udeid Air Base, Doha, Qatar, June 2025;</strong></p>
</blockquote>



<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">Came back to Alberta after having spent 5 years in Colorado with NORAD.</mark></strong></p>



<p class="wp-block-paragraph"><a href="https://couriernews.ca/featured-news/new-commander-of-4-wing-no-stranger-to-cfb-cold-lake/" data-type="link" data-id="https://couriernews.ca/featured-news/new-commander-of-4-wing-no-stranger-to-cfb-cold-lake/"><strong>New Commander of 4 Wing no stranger to CFB Cold Lake</strong></a></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph">Colonel David Turenne assumed command of 4 Wing on June 3rd. He has spent the better part of 26 years in the Canadian Armed Forces (CAF).</p>



<p class="wp-block-paragraph">Turenne is originally from Edmonton. He received his wings in 1999 and, after training, headed to 3 Wing in Bagotville.</p>



<p class="wp-block-paragraph">He’s no stranger to 4 Wing, having trained here and been posted as a Fighter Pilot with 409 Tactical Fighter Squadron and 410 Tactical Fighter (Operational Training) Squadron. <strong><code>The last few years have seen him south of the border with the North American Aerospace Defense Command (NORAD) team in Colorado.</code></strong></p>



<p class="wp-block-paragraph"><strong>“I’ve been in Colorado Springs, at the NORAD headquarters, for the last five years which isn’t a normal length of time,” says Turenne. “Because of COVID, there were changes in cross-border moves. <code>I was doing a few jobs down there, including working for the Chief of Staff of the Headquarters, I was director of NORAD inspections, and I’m currently the Deputy Director for J7 Joint Training, Exercises and Wargaming Directorate.”</code></strong></p>



<p class="wp-block-paragraph">Col Turenne has 2800 flight hours, with over 2000 of them via the CF-18. This is his first Wing Command position.</p>
</blockquote>



<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">So, through NORAD Canada was involved??  Not a shocker.</mark></strong></p>



<p class="wp-block-paragraph"></p>
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			<slash:comments>1</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">14116</post-id>	</item>
		<item>
		<title>“If” Day- When Nazis invaded Winnipeg (War of the Worlds type Psyop)</title>
		<link>https://pennyforyourthoughts2.ca/2026/02/23/if-day-when-nazis-invaded-winnipeg-war-of-the-worlds-type-psyop/</link>
					<comments>https://pennyforyourthoughts2.ca/2026/02/23/if-day-when-nazis-invaded-winnipeg-war-of-the-worlds-type-psyop/#comments</comments>
		
		<dc:creator><![CDATA[penny2]]></dc:creator>
		<pubDate>Mon, 23 Feb 2026 19:24:58 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[forgotten history]]></category>
		<category><![CDATA[perception management]]></category>
		<guid isPermaLink="false">https://pennyforyourthoughts2.ca/?p=13035</guid>

					<description><![CDATA[Realizing my writing about perception management can be repetitive, but, this cannot be emphasized enough- Our perception is managed every day. We really have to understand that in our “democracy” propaganda/aka perception management aka mass manipulation is necessary to control the populace/ voters. Win elections. And have the population stay in line. This is just [&#8230;]]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">Realizing my writing about perception management can be repetitive, but, this cannot be emphasized enough- Our perception is managed every day.  We really have to understand that in our “democracy” propaganda/aka perception management aka mass manipulation is necessary to control the populace/ voters. Win elections. And have the population stay in line. This is just the fact of the matter.<br>Remember&#8230; During Covid the Canadian military ran psyops to cause fear in the population- Fear is control.</mark></strong></p>



<h5 class="wp-block-heading">*<a href="https://ottawacitizen.com/news/national/defence-watch/military-leaders-saw-pandemic-as-unique-opportunity-to-test-propaganda-techniques-on-canadians-forces-report-says" data-type="link" data-id="https://ottawacitizen.com/news/national/defence-watch/military-leaders-saw-pandemic-as-unique-opportunity-to-test-propaganda-techniques-on-canadians-forces-report-says"><strong>Pandemic as unique opportunity to test propaganda techniques</strong></a></h5>



<h5 class="wp-block-heading"><br>*<mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">Recall?</mark> <a href="https://www.amazon.ca/dp/1706134533?ref_=cb_interstitial_us_ca_desktop_unrec_location_unk_dp_dp" data-type="link" data-id="https://www.amazon.ca/dp/1706134533?ref_=cb_interstitial_us_ca_desktop_unrec_location_unk_dp_dp"><strong>War of the World&#8217;s alien invasion was also a mass psyop</strong></a></h5>



<h5 class="wp-block-heading">*<strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">Looks to me as if the Alberta separatist movement is a psyop- working on multiple levels and infiltrated by outsiders</mark></strong></h5>



<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">The reality is we are manipulated every day. From what goods to buy through to selling war.<br>The push to attack Iran is chock full of psyops/propaganda intended to get us on board with this action</mark></strong>.</p>



<h5 class="wp-block-heading"><a href="https://valourcanada.ca/military-history-library/if-day/" data-type="link" data-id="https://valourcanada.ca/military-history-library/if-day/">Valour Canada- &#8220;If&#8221; Day</a></h5>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph">At 0700 hours the siren cried into the early morning sky of February 19, 1942, and before long the city of Winnipeg, Manitoba, was plunged into a blackout. The supposed enemy was inching closer and despite the 3,500 Canadian soldiers and reservists making up the defensive army, it crumbled to the Nazi invaders. <strong>Winnipeg surrendered at 0930 hours.</strong></p>



<p class="wp-block-paragraph">But there was nothing real about this invasion – <strong>it was all an elaborate ploy to bolster interest and donations to the Victory Bond campaign. </strong>“If” Day was meant show Canadians what would happen if Nazis were not sufficiently kept at bay.</p>



<p class="wp-block-paragraph">For the duration of the day,<strong> Winnipeg turned into Himmlerstadt (after high-ranking Nazi officer and head of the SS Henrich Himmler), Portage Avenue became Adolfhitlerstrasse, and Canadian dollars were replaced by Reichmarks.</strong></p>



<p class="wp-block-paragraph"><strong>Mock events aimed to instill a sense of fear and show the extent to which rights and freedoms would be curtailed by an oppressive Nazi regime. Priests and politicians were arrested, churches and other places of worship were forcibly closed, books were incinerated on the front steps of Carnegie Library, brusque identification inspections were conducted on street cars, homes were vandalized, all while Nazi-approved music and speeches reverberated on the radio.</strong></p>



<p class="wp-block-paragraph"><strong><em>“Everywhere the force of the great and valiant Nazi army are bringing the New Order to the Provinz of Greater Germany. The great and valiant Nazi army is also bringing to the Provinz German Kultur and the blessings of German civilization,”</em></strong> celebrated the newly minted Das Winnipeger Lugenblatt (“formerly” The Winnipeg Tribune).</p>



<p class="wp-block-paragraph"><strong>To create the ultimate illusion, volunteers with the Young Men’s Section of the Winnipeg Board of Trade paraded in Nazi uniforms specially rented from Hollywood. Their behavior towards locals was intentionally brash and rough</strong> – though unlike their veritable counterparts, the Winnipeg “Nazis” did not exert any physical violence.</p>



<p class="wp-block-paragraph"><strong>The deception was very convincing for many. “A lot of people were very uneasy and quite intimidated about this thing. </strong>Maybe it made them think that it could happen here.<strong> They didn’t know how far these Nazis would go,” recalled George Hoffman who played a fake Nazi.</strong></p>



<p class="wp-block-paragraph"><strong>Although the true Nazis had no immediate interest in conquering Canada, “If” Day did give Manitobans a small taste of what life under Nazi occupation would be like in a bid to drive support for the second Victory Bond campaign and propel donations into high gear. </strong>Through this first-hand experience, Winnipeggers appreciated how crucial it was to fight in Europe so Canada would not be vulnerable to a real invasion. The original goal of $45 million was surpassed for a total of $47 million (or approximately $658 million in 2017 dollars) – if the “Nazi” invasion was not successful because it was all staged, the Victory Bond campaign definitely was successful.</p>
</blockquote>



<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">It&#8217;s an amazement to realize just how far a government, any government, will got to manipulate the populace to advance it&#8217;s own ends/agenda</mark></strong></p>



<h2 class="wp-block-heading"><a href="https://www.mhs.mb.ca/docs/mb_history/13/ifday.shtml" data-type="link" data-id="https://www.mhs.mb.ca/docs/mb_history/13/ifday.shtml">Manitoba History- &#8220;If&#8221; Day Feb 19/1942</a></h2>



<p class="wp-block-paragraph"></p>
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		<post-id xmlns="com-wordpress:feed-additions:1">13035</post-id>	</item>
		<item>
		<title>The House Just Reclaimed Its Tariff Power From Trump. Now Congress Can Try To Strike Down His Canada Tariffs.</title>
		<link>https://pennyforyourthoughts2.ca/2026/02/11/the-house-just-reclaimed-its-tariff-power-from-trump-now-congress-can-try-to-strike-down-his-canada-tariffs/</link>
					<comments>https://pennyforyourthoughts2.ca/2026/02/11/the-house-just-reclaimed-its-tariff-power-from-trump-now-congress-can-try-to-strike-down-his-canada-tariffs/#respond</comments>
		
		<dc:creator><![CDATA[penny2]]></dc:creator>
		<pubDate>Wed, 11 Feb 2026 16:26:37 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[US]]></category>
		<guid isPermaLink="false">https://pennyforyourthoughts2.ca/?p=12879</guid>

					<description><![CDATA[Reason.com President Donald Trump&#8217;s tariffs may now be challenged in the House following the death of House Resolution 1042 on Tuesday night. The resolution included a procedural measure that would have prevented the House from voting until August to terminate the national emergencies that Trump has used to impose &#8220;reciprocal tariffs.&#8221; Now, the House will [&#8230;]]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><a href="https://reason.com/2026/02/11/the-house-just-reclaimed-its-tariff-power-from-trump-now-congress-can-try-to-strike-down-his-canada-tariffs" data-type="link" data-id="https://reason.com/2026/02/11/the-house-just-reclaimed-its-tariff-power-from-trump-now-congress-can-try-to-strike-down-his-canada-tariffs"><strong>Reason.com</strong></a></p>



<p class="wp-block-paragraph"><strong>President Donald Trump&#8217;s tariffs may now be challenged in the House following the death of House Resolution 1042 on Tuesday night</strong>. T<strong>he resolution included a procedural measure that would have prevented the House from voting until August to terminate the national emergencies that Trump has used to impose &#8220;reciprocal tariffs.&#8221;</strong> Now, the House will likely vote on Wednesday on House Joint (H.J.) Resolution 72, which, like its companion measure in the Senate that passed last April, seeks to end the national emergency Trump declared last February and roll back the tariffs subsequently imposed on Canadian goods.</p>



<p class="wp-block-paragraph">Bu<strong><em>t Republican leaders could not persuade Kiley, Bacon, and Massie to vote &#8220;yes.&#8221; Massie defended his decision to break from party ranks as &#8220;defend[ing] the Constitution,&#8221; which vests &#8220;taxing authority…in the House of Representatives, not the Executive.&#8221;</em></strong> Similarly, Bacon said he must &#8220;answer to Article I,&#8221; which grants Congress exclusive power to regulate international commerce and impose taxes.</p>



<p class="wp-block-paragraph"><strong>Beginning in February 2025 with his tariffs against Canada and Mexico, Trump has invoked the International Emergency Economic Powers Act </strong>(IEEPA) to authorize his unilateral modification of the Harmonized Tariff Schedule. Trump used IEEPA in April, and again last summer, to impose his not-so-reciprocal tariffs on imports from all around the world, the burden of which has been almost entirely borne by Americans.</p>



<p class="wp-block-paragraph"><strong>Unsurprisingly, to use the International Emergency Economic Powers Act, Trump had to declare a national emergency. Such emergencies are subject to congressional review.</strong></p>
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		<post-id xmlns="com-wordpress:feed-additions:1">12879</post-id>	</item>
		<item>
		<title>Zelensky Taps Chrystia Freeland as “Economic Adviser”</title>
		<link>https://pennyforyourthoughts2.ca/2026/01/05/zelensky-taps-chyrstia-freeland-as-economic-adviser/</link>
					<comments>https://pennyforyourthoughts2.ca/2026/01/05/zelensky-taps-chyrstia-freeland-as-economic-adviser/#comments</comments>
		
		<dc:creator><![CDATA[penny2]]></dc:creator>
		<pubDate>Mon, 05 Jan 2026 13:24:06 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[NATO]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[Ukraine]]></category>
		<category><![CDATA[US]]></category>
		<guid isPermaLink="false">https://pennyforyourthoughts2.ca/?p=12497</guid>

					<description><![CDATA[Dear Chrystia has a hate on so bad for Russia- I can only assume Chrystia is being appointed to legitimize the theft of Russian assets- Giving it that globalist stamp of approval.The Nazi’s never really went away. Their ancestors carry on through globalist institutions particularly NATO. It was like a rebrand, nothing more. Instead of [&#8230;]]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">Dear Chrystia has a hate on so bad for Russia- I can only assume Chrystia is being appointed to legitimize the theft of Russian assets- Giving it that globalist stamp of approval.<br>The Nazi’s never really went away. Their ancestors carry on through globalist institutions <a href="https://global-politics.eu/nazi-war-criminals-became-high-ranking-commanders-in-nato-after-ww2/" data-type="link" data-id="https://global-politics.eu/nazi-war-criminals-became-high-ranking-commanders-in-nato-after-ww2/">particularly NATO. It was like a rebrand, nothing more.</a></mark></strong></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><strong><code>Instead of facing trial for their participation in war crimes during WW2, they became top generals in NATO.</code></strong></p>
</blockquote>



<p class="wp-block-paragraph"></p>



<figure class="wp-block-embed is-type-wp-embed is-provider-pfyt-2 wp-block-embed-pfyt-2"><div class="wp-block-embed__wrapper">
<blockquote class="wp-embedded-content" data-secret="MolcW4bh3J"><a href="https://pennyforyourthoughts2.ca/2022/02/25/chrystia-freelands-granddad-was-indeed-a-nazi-collaborator-so-much-for-russian-disinformation/">Chrystia Freeland’s granddad was indeed a Nazi collaborator – so much for Russian disinformation</a></blockquote><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted"  title="&#8220;Chrystia Freeland’s granddad was indeed a Nazi collaborator – so much for Russian disinformation&#8221; &#8212; PFYT2" src="https://pennyforyourthoughts2.ca/2022/02/25/chrystia-freelands-granddad-was-indeed-a-nazi-collaborator-so-much-for-russian-disinformation/embed/#?secret=LHXF7dKmMr#?secret=MolcW4bh3J" data-secret="MolcW4bh3J" width="580" height="327" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe>
</div></figure>



<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color"><code>Which is why, NATO, like Nazi Germany, is always targeting Russia.</code></mark></strong></p>



<p class="wp-block-paragraph"><a href="https://www.kyivpost.com/post/67450" data-type="link" data-id="https://www.kyivpost.com/post/67450"><strong>Kyivpost</strong></a></p>



<p class="wp-block-paragraph"><strong>The move ties economic recovery to wartime governance</strong>, as Zelensky reshapes his team around security, technology and Western-backed expertise amid prolonged uncertainty.</p>



<p class="wp-block-paragraph">President Volodymyr Zelensky has appointed former Canadian deputy prime minister <strong>Chrystia Freeland as an advisor on economic development, adding an internationally experienced figure to his team as Ukraine recalibrates its government to meet the dual pressures of war and long-term recover</strong>y.</p>



<p class="wp-block-paragraph">The appointment was announced by Volodymyr Zelensky on social media, where he framed the move as part of a broader effort to strengthen Ukraine’s internal resilience amid uncertainty over the pace of diplomacy and continued delays in external support.</p>



<p class="wp-block-paragraph"><strong><em>“Chrystia is highly skilled in these matters and has extensive experience in attracting investment and implementing economic transformations,” </em></strong>Zelensky wrote. He said Ukraine must be prepared both for rapid recovery if negotiations yield results and for prolonged resistance if the war continues.</p>



<p class="wp-block-paragraph"><strong>A high-profile economic appointment</strong></p>



<p class="wp-block-paragraph"><strong>Freeland’s role will focus on economic development at a time </strong>when Ukraine faces enormous reconstruction needs alongside the demands of a wartime economy. Zelensky emphasized that the appointment is meant to deepen engagement with international partners and mobilize investment critical to sustaining the state.</p>



<p class="wp-block-paragraph">After leaving Canada’s cabinet,<strong> Freeland was appointed <mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">(readied) </mark>special representative for the reconstruction of Ukraine, a role that positioned her at the intersection of international finance, diplomacy and postwar planning</strong></p>



<p class="wp-block-paragraph"></p>
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		<post-id xmlns="com-wordpress:feed-additions:1">12497</post-id>	</item>
		<item>
		<title>Regime Change in Venezuela Could Trigger Oil Price Spike Then Slump</title>
		<link>https://pennyforyourthoughts2.ca/2025/12/12/regime-change-in-venezuela-could-trigger-oil-price-spike-then-slump/</link>
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		<dc:creator><![CDATA[penny2]]></dc:creator>
		<pubDate>Fri, 12 Dec 2025 23:00:38 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Canada]]></category>
		<guid isPermaLink="false">https://pennyforyourthoughts2.ca/?p=12255</guid>

					<description><![CDATA[Particularly bad for the Canadian economy If that “something” happens, it will have repercussions for the Canadian oil industry as well. Energy analyst David Blackmon noted this in a recent podcast, saying the return of more Venezuelan crude to Gulf Coast refineries will affect demand for Canadian crude, and it would not affect it favorably. [&#8230;]]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color"><a href="https://oilprice.com/Energy/Crude-Oil/Regime-Change-in-Venezuela-Could-Trigger-Oil-Price-Spike-Then-Slump.html" data-type="link" data-id="https://oilprice.com/Energy/Crude-Oil/Regime-Change-in-Venezuela-Could-Trigger-Oil-Price-Spike-Then-Slump.html">Particularly bad for the Canad</a>ian economy</mark></strong></p>



<ul class="wp-block-list">
<li>A U.S. intervention in Venezuela would trigger an immediate oil price spike, but analysts expect prices to fall later if regime change leads to sanctions being lifted.</li>



<li><strong>Venezuela’s heavy crude is a perfect fit for U.S. Gulf Coast refineries, meaning increased Venezuelan supply would directly compete with Canadian heavy oil.</strong></li>



<li>With over 300 billion barrels of reserves, Venezuela represents a huge long-term prize.</li>



<li>The most immediate impact of such a move on the part of the Trump administration would, of course, be a price jump. Venezuela has seen its oil production and exports shrink considerably since the start of the U.S. sanction offensive, although in the past couple of years, there has been some recovery in both. The latest export figures, for November, showed a daily average of around 900,000 barrels, which Reuters <a href="https://www.reuters.com/business/energy/venezuelas-oil-exports-surpass-900000-bpd-despite-us-pressure-data-shows-2025-12-03/" target="_blank" rel="noreferrer noopener">said</a> was the third-highest for this year.</li>
</ul>



<p class="wp-block-paragraph">If that “something” happens, it will have repercussions for the Canadian oil industry as well. Energy analyst David Blackmon <a href="https://www.youtube.com/watch?v=YEYFrnDt_ZI" target="_blank" rel="noreferrer noopener">noted</a> this in a recent podcast, saying the return of more Venezuelan crude to Gulf <strong>Coast refineries will affect demand for Canadian crude, and it would not affect it favorably. In such a hypothetical context, it would be a smart thing for the Canadian government to expand the access of Canadian crude to markets other than the United States, <code>such as China.</code><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">(Canada has already been expanding trade with China)</mark></strong></p>



<p class="wp-block-paragraph">Venezuela has oil reserves of over <a href="https://edition.cnn.com/2025/12/02/business/venezuela-oil-trump" target="_blank" rel="noreferrer noopener">300 billion barrels</a>. This is 20% of the global total and certainly a prize worth coveting. However, getting to that prize would involve an oil price shock that would be inconsistent with “the key to affordability” as expressed by Secretary Bessent. The situation certainly remains interesting, keeping analysts on their toes, unsure what the endgame of the Trump admininistration is—and as a consequence what the U.S. president would ultimately choose to do with regard to Venezuela. All of this adds a new vector of uncertainty to oil markets.</p>



<p class="wp-block-paragraph"><a href="https://www.cbc.ca/news/world/venezuela-oil-tankers-us-9.7012372" data-type="link" data-id="https://www.cbc.ca/news/world/venezuela-oil-tankers-us-9.7012372"><strong>Recently the US has seized a Venezuelan oil tanker with an eye to seizing more</strong></a></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph">The United States is preparing to intercept more ships transporting Venezuelan oil following the seizure of a tanker this week, as it increases pressure on Venezuelan President Nicolás Maduro, six sources familiar with the matter said on Thursday.</p>



<p class="wp-block-paragraph">The seizure was the first interdiction of an oil cargo or tanker from Venezuela, which has been under U.S. sanctions since 2019. The action came as the U.S. executes a large-scale military buildup in the southern Caribbean and as U.S. President Donald Trump campaigns for Maduro&#8217;s ouster.</p>
</blockquote>
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		<post-id xmlns="com-wordpress:feed-additions:1">12255</post-id>	</item>
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		<title>Can Canada’s health system survive if we find ourselves at war?</title>
		<link>https://pennyforyourthoughts2.ca/2025/11/15/can-canadas-health-system-survive-if-we-find-ourselves-at-war/</link>
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		<dc:creator><![CDATA[penny2]]></dc:creator>
		<pubDate>Sat, 15 Nov 2025 17:47:16 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[NATO]]></category>
		<category><![CDATA[Ukraine]]></category>
		<guid isPermaLink="false">https://pennyforyourthoughts2.ca/?p=11914</guid>

					<description><![CDATA[From the Toronto Star. Not behind the paywall, which is interesting considering they usually are. Went to check and guess what? It&#8217;s behind the paywall now- So via archive.ph On the first night of a war games exercise meant to help Canada prepare for a possible global conflict, Russia sent drones into Poland, and NATO [&#8230;]]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><a href="https://www.thestar.com/news/canada/can-canadas-health-system-survive-if-we-find-ourselves-at-war/article_07dfaa0e-f376-4c64-9dc6-968f60117f16.html" data-type="link" data-id="https://www.thestar.com/news/canada/can-canadas-health-system-survive-if-we-find-ourselves-at-war/article_07dfaa0e-f376-4c64-9dc6-968f60117f16.html"><strong>From the Toronto Star. Not behind the paywall, which is interesting</strong></a> <strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">considering they usually are.</mark></strong></p>



<h5 class="wp-block-heading"><a href="https://archive.ph/IErzI#selection-5581.11-5581.168" data-type="link" data-id="https://archive.ph/IErzI#selection-5581.11-5581.168">Went to check and guess what? It&#8217;s behind the paywall now- So via archive.ph</a></h5>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph">On the first night of a war games exercise meant to help Canada prepare for a possible global conflict, Russia <a href="https://www.cnn.com/2025/09/09/europe/poland-scramble-jets-russian-drone-reports-intl-hnk-ml" target="_blank" rel="noreferrer noopener">sent drones into Poland</a>, and NATO forces opened fire for the first time since the beginning of Russia’s war in Ukraine. Not in the game: in real life.<strong> On the elevator up to the introductory dinner at the Royal Canadian Military Institute for the sequel to the <a href="https://www.thestar.com/news/canada/how-would-canadas-health-care-system-respond-in-another-world-war/article_f5695b1e-b8aa-11ef-b4b7-0be5cefb5e2a.html" target="_blank" rel="noreferrer noopener">war game from last year involving Canada’s health-care system</a>, one doctor said, “It’s not so hypothetical anymore, is it?”</strong></p>
</blockquote>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph">One year earlie<strong>r a group of health-care leaders, Canadian Armed Forces officials, and provincial government representatives completed an almost unprecedented Ontario-focused war games exercise based on a wider war in Europe involving Canadian troops. As trauma expert, NATO blood panel leader, and military surgeon Dr. Andrew Beckett put it, “the last time we did something like this was probably 1939.” To the vast majority of Canadians, and even to those in the room at the time, the idea of a society-wide war was hard to even imagine.</strong></p>
</blockquote>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><strong>This time, the urgency was palpable.</strong> As the Russian war in Ukraine continues, the world is sliding into a more militaristic posture. Eastern European nations along Russia’s border — Lithuania, Poland, Latvia, Estonia — are engaged in <a href="https://www.politico.eu/article/eastern-europe-baltics-hospitals-wartime-preparation-health-care-russia-ukraine/" target="_blank" rel="noreferrer noopener">various levels of medical wartime planning</a>. Russia’s drone incursion into Poland in early September was followed by suspected drone incursions across Europe, shutting down major airports or seeming to <a href="https://x.com/trtworld/status/1973390713694937338" target="_blank" rel="noreferrer noopener">map territory</a>. <strong>Norway’s defence minister <a href="https://www.telegraph.co.uk/world-news/2025/10/24/russia-massing-nuclear-fleet-in-arctic-circle-war-with-nato/" target="_blank" rel="noreferrer noopener">says</a> Russia has nuclear weapons in the northern Kola Peninsula, pointed at the U.S., the U.K., and Canada, in case of war with NATO.&nbsp;<mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">(???)</mark></strong></p>
</blockquote>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><strong>Meanwhile, <code>Germany is <a href="https://www.reuters.com/business/aerospace-defense/germany-plans-1000-wounded-troops-per-day-case-conflict-with-russia-2025-09-22/" target="_blank" rel="noreferrer noopener">expecting</a> to treat 1,000 wounded patients daily in the case of a wider European conflict</code>, and is <a href="https://www.reuters.com/business/aerospace-defense/germany-will-agree-military-service-time-2026-minister-says-2025-11-01/" target="_blank" rel="noreferrer noopener">discussing</a> the return of mandatory military service; this summer France’s health ministry <a href="https://www.euronews.com/health/2025/09/02/france-preparing-hospitals-to-care-for-war-wounded-soldiers-by-march-2026" target="_blank" rel="noreferrer noopener">directed</a> its hospital system to prepare fo<code>r potential military casualties by March 2026.&nbsp;</code></strong></p>
</blockquote>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph">Canada is further from Ukraine, and <strong>further behind in its preparations </strong>— for instance, <strong>the plan to use public servants as military reservists, as <a href="https://ottawacitizen.com/public-service/defence-watch/canadian-military-public-servants" target="_blank" rel="noreferrer noopener">reported</a> by the Ottawa Citizen, which was hastily <a href="https://ottawacitizen.com/public-service/defence-watch/top-soldier-public-servants-reserves" target="_blank" rel="noreferrer noopener">reconsidered</a> — which is what this war game was trying to solve.</strong> It was called<strong> Exercise Canada Paratus, and it was bigger than the first edition.</strong> There were <strong>federal officials in the room, along with a wider range of expertise: burn surgeons, rehab specialists, a flight surgeon, an airport official, emergency preparation officials, and more. It was conducted under Chatham House rule, meaning nobody’s in-game statements could be directly quoted by name;</strong> t<strong>his reporter played the role of the press, pressing decision-makers with difficult questions.</strong></p>
</blockquote>



<h5 class="wp-block-heading"><a href="https://www.dlsph.utoronto.ca/2025/11/07/exercise-canada-paratus-post-exercise-report/" data-type="link" data-id="https://www.dlsph.utoronto.ca/2025/11/07/exercise-canada-paratus-post-exercise-report/"><strong>Exercise Canada Paratus Post-​Exercise Report</strong></a></h5>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><strong>The war games were a collaboration between the Dalla Lana School of Public Health at the University of Toronto, the CAF, the Canadian Institute for Military and Veteran Health Research, St. Michael’s Hospital, and other military-focused organizations</strong>. </p>
</blockquote>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph">Last year, the moves to relieve pressure on the hospitals mirrored COVID, because that was the only crisis playbook available, and the exercise was confined to Ontario. <strong>This time the field widened, which was appropriate: in a war the federal government would be in charge, and the whole federation would have to work together. Canada hasn’t effectively done that in generations, either.</strong></p>



<p class="wp-block-paragraph"><strong>The game presumed an average of 100 casualties per week coming home, with injuries mirroring the data from Ukraine: a huge number of both burns and traumas, a high probability of multi-drug resistant bacteria, significant traumas</strong>. There is a shortage of both burn surgeons and skin for grafts in Canada: right now most Canadian skin grafts are sourced from the United States, and as someone noted, skin cannot be donated while you are alive. <strong>Later, rehabilitation, physiotherapy, prosthetics and more would be absolutely overwhelmed, in so many ways.</strong></p>



<p class="wp-block-paragraph"><strong>But it’s the societal impact of a stream of those patients, with potentially complex and long-term needs that would impact Canada at a higher level, especially in big cities, with big hospitals. In the game Pearson Airport was knocked offline by a cyberattack, and separately, there was a terrorist attack in Ontario. </strong>The wounded had to come home on private planes, reconfigured and under national control — Canada doesn’t have enough military planes to spare. POWs were an added complication: where do you put them?</p>
</blockquote>



<h5 class="wp-block-heading"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">Read entirely at Archive.ph link</mark></strong></h5>
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		<post-id xmlns="com-wordpress:feed-additions:1">11914</post-id>	</item>
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		<title>Canada&#8217;s Budget: Mining, Gas and Interest Rate News</title>
		<link>https://pennyforyourthoughts2.ca/2025/11/06/canadas-budget-mining-gas-and-interest-rate-news/</link>
					<comments>https://pennyforyourthoughts2.ca/2025/11/06/canadas-budget-mining-gas-and-interest-rate-news/#respond</comments>
		
		<dc:creator><![CDATA[penny2]]></dc:creator>
		<pubDate>Thu, 06 Nov 2025 18:40:34 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[US]]></category>
		<guid isPermaLink="false">https://pennyforyourthoughts2.ca/?p=11841</guid>

					<description><![CDATA[Oil Price.com Canada To Ditch Oil and Gas Emissions Cap- In favour of carbon capture&#8211; Big Oil companies are fond of carbon capture- Enhanced Oil Recovery- As previously mentioned! The new government&#8217;s Climate Competitiveness Strategy, outlined in Budget 2025, will prioritize effective carbon markets, enhanced methane regulations, and technologies such as carbon capture and storage [&#8230;]]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color"><a href="https://oilprice.com/Latest-Energy-News/World-News/Canada-Could-Ditch-the-Controversial-Oil-and-Gas-Emissions-Cap.html" data-type="link" data-id="https://oilprice.com/Latest-Energy-News/World-News/Canada-Could-Ditch-the-Controversial-Oil-and-Gas-Emissions-Cap.html">Oil Price.com Canada To Ditch Oil and Gas Emissions Cap- In favour of carbon capture</a>&#8211; <a href="https://en.wikipedia.org/wiki/Enhanced_oil_recovery" data-type="link" data-id="https://en.wikipedia.org/wiki/Enhanced_oil_recovery">Big Oil companies are fond of carbon capture- Enhanced Oil Recovery-</a> As previously mentioned!</mark></strong></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph">The new government&#8217;s<strong> Climate Competitiveness Strategy, outlined in Budget 2025, will prioritize effective carbon markets, enhanced methane regulations, and technologies such as carbon capture and storage</strong> as the primary means to reduce oil and gas emissions.Canada’s federal government is signaling it plans to scrap the previous cabinet’s controversial emissions cap plan, which had put former PM Justin Trudeau on a collision course with the provincial government of oil-producing Alberta.</p>



<p class="wp-block-paragraph">Now <strong>Mark Carney’s new federal government has introduced an update on the Oil and Gas Emissions Cap in the just-unveiled budget 2025 plan, saying that it would prioritize the creation of effective carbon markets.</strong></p>



<p class="wp-block-paragraph">The new government’s Climate Competitiveness Strategy in Budget 2025 acknowledges the need to reduce emissions from the oil and gas sector to ensure Canada has access to markets that prioritize sustainability.</p>



<p class="wp-block-paragraph">Carney’s climate strategy is “<strong>based on driving investment, not on prohibitions, and on results, not objectives,”</strong> the plan says.</p>



<p class="wp-block-paragraph"><strong><em>“Effective carbon markets, enhanced oil and gas methane regulations, and the deployment at scale of technologies such as carbon capture and storage would create the circumstances whereby the oil and gas emissions cap would no longer be required as it would have marginal value in reducing emissions,</em></strong>” according to the budget plan.</p>
</blockquote>



<p class="wp-block-paragraph"><a href="https://www.bbc.com/news/articles/c4gp0pr5y83o" data-type="link" data-id="https://www.bbc.com/news/articles/c4gp0pr5y83o"><strong>Appeal to stop ostrich cull dismissed by Canada&#8217;s top court</strong></a></p>



<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">The people that ran the ostrich farm misrepresented what was actually going on there. I&#8217;ve questioned it from day one.<a href="https://www.cbc.ca/news/canada/british-columbia/bc-ostrich-cull-questions-explainer-1.7644796" data-type="link" data-id="https://www.cbc.ca/news/canada/british-columbia/bc-ostrich-cull-questions-explainer-1.7644796"> And still to this day.</a></mark></strong> <strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">The farm was a research facility.</mark></strong></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><strong><em>CFIA says the farm has not provided any documentation outlining the research it claims to carry out. It also says the farm lacks facilities &#8220;<a href="https://inspection.canada.ca/en/animal-health/terrestrial-animals/diseases/reportable/avian-influenza/latest-bird-flu-situation/investigations-and-orders/british-columbia-ostrich-farm/hpai-infected-premise-british-columbia-ostrich-farm#a6" target="_blank" rel="noreferrer noopener">suitable for controlled research activity or trials</a>.&#8221;</em></strong></p>
</blockquote>



<h5 class="wp-block-heading"><a href="https://www.benzinga.com/markets/commodities/25/11/48681145/canada-abandons-market-economics-with-a-new-critical-minerals-budget" data-type="link" data-id="https://www.benzinga.com/markets/commodities/25/11/48681145/canada-abandons-market-economics-with-a-new-critical-minerals-budget">Canada commits to critical mineral mining</a></h5>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph">Canada’s 2025 federal budget commits billions to expanding the mining sector even as the government projects a 78.3 billion Canadian dollar ($55.3 billion) deficit for the fiscal year ending March 31. The plan includes major funding and tax incentives aimed at positioning the country as a leading global supplier of critical minerals.</p>
</blockquote>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph">The budget allocates 2 billion Canadian dollars ($1.42 billion) over five years to establish a sovereign fund for critical minerals under Natural Resources Canada. The fund will take equity stakes in mining companies, provide loan guarantees, and sign offtake agreements.<br>“These measures send a powerful signal to global investors and allies that Canada is serious about improving the competitiveness of its mining industry,” Mining Association of Canada President Pierre Gratton said in a statement.</p>
</blockquote>



<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">BoC and interest rates- Rate cut pause</mark></strong></p>



<figure class="wp-block-embed is-type-wp-embed is-provider-action-forex wp-block-embed-action-forex"><div class="wp-block-embed__wrapper">
<blockquote class="wp-embedded-content" data-secret="oUYVEGzc5p"><a href="https://www.actionforex.com/live-comments/618244-bocs-macklem-sees-rate-at-right-level-as-tariffs-reshape-canadian-economy-structurally/">BoC&#8217;s Macklem sees rate at right level as tariffs reshape Canadian economy structurally</a></blockquote><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted"  title="&#8220;BoC&#8217;s Macklem sees rate at right level as tariffs reshape Canadian economy structurally&#8221; &#8212; Action Forex" src="https://www.actionforex.com/live-comments/618244-bocs-macklem-sees-rate-at-right-level-as-tariffs-reshape-canadian-economy-structurally/embed/#?secret=IjziAd0BVW#?secret=oUYVEGzc5p" data-secret="oUYVEGzc5p" width="580" height="327" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe>
</div></figure>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph">Macklem warned that the current slowdown i<strong><em>s “more than a cyclical downturn.” He described it as a “structural transition”</em></strong>, arguing that U.S. trade actions have permanently reduced Canada’s productive capacity. The damage from tariffs, he said, has lowered potential growth and limited the central bank’s ability to stimulate demand without reigniting inflation.</p>



<p class="wp-block-paragraph"><strong><em>“Monetary policy can help the economy adjust as long as inflation is well-controlled,” Macklem emphasized, “but it cannot restore the economy to its pre-tariff path.”</em></strong></p>



<p class="wp-block-paragraph">Looking ahead, Macklem suggested that the current policy rate is now “about the right level” to balance inflation control with economic support. The message signals a likely pause in further easing, barring new shocks.</p>
</blockquote>



<h4 class="wp-block-heading"><a href="https://www.cbc.ca/news/politics/defence-carney-budget-military-spending-9.6965349" data-type="link" data-id="https://www.cbc.ca/news/politics/defence-carney-budget-military-spending-9.6965349">CBC Defence Budget increase in spending</a></h4>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><strong>The Liberal government has set aside an additional $81.8 billion over five years to rearm the Canadian military</strong>, but the new federal budget offers only a vague, big-picture view on how the money will be spent over five years.</p>



<p class="wp-block-paragraph"><strong>It also does not spell out in precise detail the politically important pathway to meeting NATO’s defence spending target of five per cent of the gross domestic product.</strong></p>



<p class="wp-block-paragraph">There is <strong>more money for recruiting, training, new equipment, defence infrastructure and beefing up cyber defence capabilities in the fiscal plan, tabled in the House of Commons on Tuesday.</strong></p>



<p class="wp-block-paragraph">An additional <strong>$2.7 billion — over and above the modernization cash — has been set aside to support ongoing military operations in Latvia and the Middle East.</strong></p>



<p class="wp-block-paragraph"><br>Budget 2025 represents the largest defence investment in decades,” Finance Minister François-Philippe Champagne said in his budget speech.</p>



<p class="wp-block-paragraph">“<strong><em>We will meet our NATO two per cent commitment this year, modernize NORAD, reinforce our Arctic defences and equip the brave women and men of the Canadian Armed Forces with the infrastructure and technology they need to safeguard our nation.”</em></strong></p>
</blockquote>
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		<post-id xmlns="com-wordpress:feed-additions:1">11841</post-id>	</item>
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		<title>Ukraine- Rounding up the latest news!</title>
		<link>https://pennyforyourthoughts2.ca/2025/10/11/ukraine-rounding-up-the-latest-news/</link>
					<comments>https://pennyforyourthoughts2.ca/2025/10/11/ukraine-rounding-up-the-latest-news/#comments</comments>
		
		<dc:creator><![CDATA[penny2]]></dc:creator>
		<pubDate>Sat, 11 Oct 2025 23:11:18 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[Ukraine]]></category>
		<category><![CDATA[US]]></category>
		<guid isPermaLink="false">https://pennyforyourthoughts2.ca/?p=11574</guid>

					<description><![CDATA[Generally speaking Russia has been hitting Ukraine&#8217;s energy infrastructure. The UK is gathering intelligence. Zelensky has spoken with both Mark Carney and Donald Trump, today. Putin touts a new weapon *Russia will soon make an announcement on a new weapon Russia will soon make an announcement on a new weapon at its disposal, President Vladimir [&#8230;]]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">Generally speaking Russia has been hitting Ukraine&#8217;s energy infrastructure.  The UK is gathering intelligence. Zelensky has spoken with both Mark Carney and Donald Trump, today. Putin touts a new weapon  </mark></strong></p>



<p class="wp-block-paragraph">*<a href="https://www.rt.com/russia/626199-putin-russia-new-weapon-announcement-soon" data-type="link" data-id="https://www.rt.com/russia/626199-putin-russia-new-weapon-announcement-soon"><strong>Russia will soon make an announcement on a new weapon</strong></a></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><strong>Russia will soon make an announcement on a new weapon at its disposal, </strong>President Vladimir Putin has said, adding that<strong> trials have so far gone well.</strong></p>



<p class="wp-block-paragraph"><strong><em>Speaking on Friday at a press conference in Tajikistan’s capital, Dushanbe, Putin said: “I think we will have the opportunity in the near future to break some news about a new weapon that we announced a long time ago.”</em></strong></p>



<p class="wp-block-paragraph">The Russian president added that <strong><em>the novel system “is undergoing tests [which] are proceeding successfully.”</em></strong></p>
</blockquote>



<p class="wp-block-paragraph">*<a href="https://www.aljazeera.com/news/2025/10/11/uk-us-nato-flew-12-hour-patrol-on-russian-border-amid-ukraine-war" data-type="link" data-id="https://www.aljazeera.com/news/2025/10/11/uk-us-nato-flew-12-hour-patrol-on-russian-border-amid-ukraine-war"><strong>UK/US/ NATO gathering intelligence while patrolling Russia&#8217;s border</strong></a></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph">The United Kingdom has said<strong> two Royal Air Force (RAF) aircraft joined a 12-hour NATO patrol earlier this week near Russia’s border, </strong>following a series of Russian drone and aircraft incursions into alliance airspace.</p>



<p class="wp-block-paragraph"><strong><em>“This was a substantial joint mission with our US and NATO allies,”</em></strong> Defence Minister John Healey said on Saturday, as concerns rise that Russia’s war in Ukraine will spill over into Europe.</p>



<p class="wp-block-paragraph">“<strong><em>Not only does this <code>provide valuable intelligence</code> to boost the operational awareness of our Armed Forces, but sends a powerful message of NATO unity to [Russian President Vladimir] Putin and our adversaries,”</em></strong> he added.</p>



<p class="wp-block-paragraph"><strong>The mission involved an RC-135 Rivet Joint surveillance jet and a P-8A Poseidon maritime patrol aircraft flying from the Arctic region past Belarus and Ukraine, supported by a US Air Force KC-135 refuelling plane.</strong></p>
</blockquote>



<p class="wp-block-paragraph">*<a href="https://www.reuters.com/business/energy/how-ukraines-european-allies-fuel-russias-war-economy-2025-10-10" data-type="link" data-id="https://www.reuters.com/business/energy/how-ukraines-european-allies-fuel-russias-war-economy-2025-10-10"><strong>How Ukraine&#8217;s European allies fuel Russia&#8217;s war economy</strong></a></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><strong>Several EU nations see Russian energy imports rise in 2025</strong><br>They include France, Netherlands, Romania and Portugal</p>



<p class="wp-block-paragraph">European nations, including France, are among the staunchest supporters of Ukraine in its fight against Russia. <strong>Several have also stepped up their imports of Russian energy which pump billions of euros into Moscow&#8217;s wartime economy</strong></p>
</blockquote>



<p class="wp-block-paragraph">*<strong><a href="https://www.bbc.com/news/articles/c62np269qv9o" data-type="link" data-id="https://www.bbc.com/news/articles/c62np269qv9o">The UK is &#8220;ready to progress&#8221; to using the full value of frozen Russian assets</a> to support Ukraine&#8217;s war effort, Prime Minister Sir Keir Starmer has said.</strong></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><strong>The announcement comes after European leaders met in Copenhagen last week to discuss using frozen Russian assets for a €140bn ($162bn; £121bn) loan to Ukraine.</strong></p>



<p class="wp-block-paragraph"><strong><code>Last month, US President Donald Trump called on G7 allies to seize "or otherwise use" frozen Russian assets, according to the Financial Times.</code></strong></p>
</blockquote>



<p class="wp-block-paragraph">*<strong><a href="https://www.cbc.ca/player/play/video/9.6936086" data-type="link" data-id="https://www.cbc.ca/player/play/video/9.6936086">Ukrainian President Volodymyr Zelenskyy says he&#8217;s had phone calls with Prime Minister Mark Carney and U.S. President Donald Trump </a>about defence and energy infrastructure. Russian strikes have led to widespread blackouts in Ukraine.</strong></p>



<p class="wp-block-paragraph">*<strong><a href="https://halifax.citynews.ca/2025/10/11/carney-condemns-russias-attacks-on-ukraines-energy-during-call-with-zelenskyy/" data-type="link" data-id="https://halifax.citynews.ca/2025/10/11/carney-condemns-russias-attacks-on-ukraines-energy-during-call-with-zelenskyy/">Carney&#8217;s Call with Zelensky</a>&#8211; A readout about the call issued by the Prime Minister’s Office says Carney condemned the attacks, and that Canada is closely co-ordinating with Ukraine on new ways to support defending Ukraine’s energy infrastructure and ensuring Ukraine has sufficient gas supply as winter approaches.</strong></p>



<p class="wp-block-paragraph"><strong><a href="https://www.independent.co.uk/news/world/europe/ukraine-russia-war-kyiv-attack-putin-drones-missiles-latest-b2842921.html" data-type="link" data-id="https://www.independent.co.uk/news/world/europe/ukraine-russia-war-kyiv-attack-putin-drones-missiles-latest-b2842921.html"> *Zelensky Talks with Trump</a>, </strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color"><strong>as the US continues to be heavily involved in Ukraine</strong>, </mark><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">unsurprisingly.</mark></strong></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph">The Ukrainian president said: “I informed President Trump about Russia’s attacks on our energy system—and I appreciate his willingness to support us. We discussed opportunities to bolster our air defence, as well as concrete agreements that we are working on to ensure this.”</p>



<p class="wp-block-paragraph">Volodymyr Zelensky has said he has held a “very positive and productive” with Donald Trump in the wake of Russia’s large-scale attack on Ukraine’s energy infrastructure.</p>
</blockquote>



<p class="wp-block-paragraph">*<a href="https://www.cbc.ca/news/world/ukraine-kyiv-zaporizhzhia-russia-strikes-9.6934472" data-type="link" data-id="https://www.cbc.ca/news/world/ukraine-kyiv-zaporizhzhia-russia-strikes-9.6934472"><strong>Ukraine has been dealing with widespread power outages</strong></a></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph">Ukraine&#8217;s national energy operator, Ukrenergo, reported power outages in Kyiv and the wider region, as well as in the Sumy, Kharkiv, Poltava, Dnipropetrovsk, Donetsk, Zaporizhzhia and Cherkasy regions.</p>
</blockquote>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph">Kyiv Mayor Vitali Klitschko said that Friday&#8217;s attack knocked out power on both sides of the city, divided by the Dnipro River, while Ukraine&#8217;s biggest electricity operator, DTEK, said that repair work was already underway on multiple damaged thermal plants.</p>



<p class="wp-block-paragraph">In the southeastern Zaporizhzhia region, residential areas and energy sites were pounded with attack drones, missiles and guided bombs, killing a seven-year-old boy and wounding his parents and others, military administration officials said. A hydroelectric plant in the area was taken offline as a precaution, they said.</p>
</blockquote>
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		<post-id xmlns="com-wordpress:feed-additions:1">11574</post-id>	</item>
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		<title>Will the Putin/Trump Summit  resolve the Russia/Ukraine Conflict?</title>
		<link>https://pennyforyourthoughts2.ca/2025/08/16/will-the-putin-trump-summit-resolve-the-russia-ukraine-conflict/</link>
					<comments>https://pennyforyourthoughts2.ca/2025/08/16/will-the-putin-trump-summit-resolve-the-russia-ukraine-conflict/#comments</comments>
		
		<dc:creator><![CDATA[penny2]]></dc:creator>
		<pubDate>Sat, 16 Aug 2025 20:25:59 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[US]]></category>
		<guid isPermaLink="false">https://pennyforyourthoughts2.ca/?p=10920</guid>

					<description><![CDATA[After the Putin/Trump Summit- updating Canada? Prime Minister Mark Carney of Canada praised President Trump for “creating the opportunity to end Russia’s illegal war in Ukraine,” and agreeing to provide security guarantees to Ukraine after a peace deal. He also said Canada would intensify its support for Ukraine and is working closely with President Volodymyr [&#8230;]]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><a href="https://www.nytimes.com/live/2025/08/16/world/trump-putin-meeting-alaska" data-type="link" data-id="https://www.nytimes.com/live/2025/08/16/world/trump-putin-meeting-alaska"><strong>After the Putin/Trump Summit- updating </strong></a></p>



<p class="wp-block-paragraph"><strong>Canada?</strong></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph">Prime Minister Mark Carney of Canada praised President Trump for <strong><em>“creating the opportunity to end Russia’s illegal war in Ukraine,”</em></strong> and agreeing to provide security guarantees to Ukraine after a peace deal. He also said <strong>Canada would intensify its support for Ukraine and is working closely with President Volodymyr Zelensky of Ukraine. His statement aligned with much of Europe’s response to the Alaska summit,</strong> cautiously avoiding contradicting Trump’s decision to prioritize a sweeping peace deal over an immediate cease-fire, while showing firm support of Ukraine</p>
</blockquote>



<p class="wp-block-paragraph"><strong>Baltic and Nordic States will continue to arm Ukraine</strong></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><strong>Baltic and Nordic countries, including NATO’s newest members, Finland and Sweden, declared in a unified statement on Saturday that they would continue to arm Ukraine and bolster their own defenses in the face of Russian aggression.</strong></p>
</blockquote>



<p class="wp-block-paragraph"><a href="https://www.nytimes.com/live/2025/08/16/world/trump-putin-meeting-alaska#europe-moves-to-back-ukraine-after-trump-drops-cease-fire-demand"><strong>Europe moves to back Ukraine after Trump drops cease-fire demand.</strong></a></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><strong>Much of Europe moved on Saturday to back Ukraine after President Trump abandoned their joint demand for a cease-fire, but the leaders treaded carefully to not openly contradict Mr. Trump as he aligned himself with Russia’s vision of ending the war.</strong></p>



<p class="wp-block-paragraph">In a <a href="https://www.consilium.europa.eu/en/press/press-releases/2025/08/16/statement-by-president-macron-prime-minister-meloni-chancellor-merz-prime-minister-starmer-president-stubb-prime-minister-tusk-president-costa-president-von-der-leyen/" rel="noreferrer noopener" target="_blank">joint statement</a> released after Mr. Trump and President Vladimir V. Putin of Russia met in Alaska, European leaders welcomed Mr. Trump’s efforts to stop the war and his declaration that America would offer future security guarantees after a peace deal.</p>
</blockquote>



<p class="wp-block-paragraph"><strong>Putin convenes top officials</strong></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><strong>Upon his return to Moscow, Putin convened top Russian officials at the Kremlin to brief them in televised remarks about the meeting in Alaska.</strong> He said his conversation with President Trump had been “very frank and informative,” adding that it brought Russia and the United States “closer to the necessary decisions” to end the war in Ukraine</p>
</blockquote>



<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">As much as one can see benefits in the meeting in Alaska taking place- Particularly in the public relations aspect. For both nations.  Which might make a difference? Or not. Because this can also be seen  as solely an exercise in that same PR with no real sincerity. The US will happily sell arms to the EU/Baltic nations. They set up the PURL mechanism to do exactly that.</mark></strong></p>



<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">The US  has demanded  all NATO partners increase military spending</mark></strong></p>



<figure class="wp-block-embed is-type-wp-embed is-provider-pfyt-2 wp-block-embed-pfyt-2"><div class="wp-block-embed__wrapper">
<blockquote class="wp-embedded-content" data-secret="SN1sVAlzKa"><a href="https://pennyforyourthoughts2.ca/2025/08/02/us-nato-develop-funding-mechanism-purl-for-ukraine-weapons-transfers/">US, NATO develop funding mechanism (PURL) for Ukraine weapons transfers??</a></blockquote><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted"  title="&#8220;US, NATO develop funding mechanism (PURL) for Ukraine weapons transfers??&#8221; &#8212; PFYT2" src="https://pennyforyourthoughts2.ca/2025/08/02/us-nato-develop-funding-mechanism-purl-for-ukraine-weapons-transfers/embed/#?secret=biMC5nQTgQ#?secret=SN1sVAlzKa" data-secret="SN1sVAlzKa" width="580" height="327" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe>
</div></figure>



<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">So the question is, what is the real value in the meeting? Keeping in mind war makes money. <a href="https://www.theglobaleconomy.com/rankings/arms_exports/" data-type="link" data-id="https://www.theglobaleconomy.com/rankings/arms_exports/">And America&#8217;s best business is arms making.</a></mark></strong></p>



<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">If you check the link above you can see that America exports more arms globally- then the 13 nations combined that follow</mark></strong> <strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">(2022 data)</mark></strong></p>



<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">Something Trump never mentions when he talks about tariffs.</mark></strong>. </p>



<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">Lastly Glenn Diesen interviews Michael von der Schulenburg. He believes the meeting was a game changer</mark></strong></p>



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Michael von der Schulenburg: Alaska Meeting Was a &quot;Game Changer&quot;" width="580" height="326" src="https://www.youtube.com/embed/pjkVbKWrqh4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div></figure>



<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">I&#8217;m less confident this is a game changer. How about you?</mark></strong></p>



<p class="wp-block-paragraph"></p>
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		<post-id xmlns="com-wordpress:feed-additions:1">10920</post-id>	</item>
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		<title>Ukraine gets $1.7 billion loan from Canada backed by Russian assets</title>
		<link>https://pennyforyourthoughts2.ca/2025/07/03/ukraine-gets-1-7-billion-loan-from-canada-backed-by-russian-assets/</link>
					<comments>https://pennyforyourthoughts2.ca/2025/07/03/ukraine-gets-1-7-billion-loan-from-canada-backed-by-russian-assets/#comments</comments>
		
		<dc:creator><![CDATA[penny2]]></dc:creator>
		<pubDate>Thu, 03 Jul 2025 16:33:21 +0000</pubDate>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[Ukraine]]></category>
		<guid isPermaLink="false">https://pennyforyourthoughts2.ca/?p=10283</guid>

					<description><![CDATA[Yahoo Ukraine has received a 2.5 billion Canadian dollar ($1.7 billion) loan from Canada under the Group of Seven&#8217;s (G7) Extraordinary Revenue Acceleration (ERA) initiative, Prime Minister Denys Shmyhal announced on June 30. Under the ERA mechanism, Ukraine is expected to get $50 billion in loans that will be repaid using future profits from frozen [&#8230;]]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><a href="https://www.yahoo.com/news/ukraine-gets-1-7-billion-194014136.html" data-type="link" data-id="https://www.yahoo.com/news/ukraine-gets-1-7-billion-194014136.html"><strong>Yahoo</strong></a></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><strong>Ukraine has received a 2.5 billion Canadian dollar ($1.7 billion) loan from Canada under the Group of Seven&#8217;s (G7) Extraordinary Revenue Acceleration (ERA) initiative, Prime Minister Denys Shmyhal announced on June 30.</strong></p>



<p class="wp-block-paragraph">Under the ERA mechanism,<strong> Ukraine is expected to get $50 billion in loans that will be repaid using future profits from frozen <a href="https://kyivindependent.com/tag/russian-assets/" target="_blank" rel="noreferrer noopener">Russian assets</a>.</strong></p>
</blockquote>



<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">The G-7 have concocted a scheme- where they are lending Ukraine money that will be repaid<em> using future profits</em></mark></strong>&#8211; <strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">Future profits?</mark></strong></p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><strong>Canada&#8217;s contribution to the initiative is $3.5 billion, and the loan will be granted for 30 years. The Canadian government sent the <a href="https://kyivindependent.com/ukraine-receives-1-7-billion-from-canada-under-g7-loan-covered-by-russian-assets/" target="_blank" rel="noreferrer noopener">first tranche</a> in March.</strong></p>



<p class="wp-block-paragraph">Since the beginning of the year, <strong>Ukraine has received about $17.6 billion from Russia&#8217;s frozen assets, according to Shmyhal.</strong></p>



<p class="wp-block-paragraph"><em><strong>&#8220;We insist on the complete confiscation of the frozen funds of the Russian Federation. They are needed to pay compensation to victims of the aggression and to rebuild our country. This will also be an act of justice to prevent future wars of aggression,&#8221;</strong></em> <a href="https://t.me/Denys_Smyhal/10661" target="_blank" rel="noreferrer noopener">Shmyhal</a> said.</p>



<p class="wp-block-paragraph">Since Russia&#8217;s full-scale <a href="https://kyivindependent.com/tag/war/" target="_blank" rel="noreferrer noopener">invasion</a> in 2022, <strong>G7 countries have frozen approximately $300 billion in Russian sovereign assets.</strong></p>



<p class="wp-block-paragraph"><strong>The ERA initiative, <a href="https://kyivindependent.com/g7-to-provide-ukraine-50-billion-in-loans-backed-by-frozen-russian-assets/" target="_blank" rel="noreferrer noopener">backed</a> primarily by the U.S. and the EU, aims to use profits from these frozen assets to finance Ukraine&#8217;s defense and reconstruction.</strong></p>
</blockquote>



<p class="wp-block-paragraph"><strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">This ERA really come across as some sort of financial scam, that will in-debt Ukraine further</mark></strong> <strong><mark style="background-color:rgba(0, 0, 0, 0)" class="has-inline-color has-accent-color">as well as Canada, in this case.</mark></strong></p>



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