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Statement by PM Carney on Canada-US trade negotiations

"Over the past 18 months, Canada’s new government has focused on building our strength at home, diversifying our partnerships abroad, and striking a fair deal with the United States.

Our objectives in our trade negotiations have been to:

Preserve tariff-free access to the U.S. for the vast majority of Canadian business;
Provide greater stability to our trade relationship;
Significantly reduce U.S. tariffs on our key strategic industries, so that Canadian businesses in these sectors would have the best access of any in the world;
Protect our small and medium-sized businesses – the lifeblood of our economy – including by removing the imminent threat of new tariffs; and
Maintain our flexibility, independence, and sovereignty so we can keep building the Canada we want.

We have recognised from the beginning that America has changed, and that we will not return to our old relationship. Our government understood, before many, that America is altering all its trade relationships. Putting tariffs on its closest allies and charging for access to its vast market.

We have worked in that context. To strike a fair deal that would provide the best access to the U.S. market and greater certainty to Canadian businesses and workers. Throughout, our goal has been to secure the best deal for Canadians, never a deal at any price or on any deadline.

In recent weeks, we made important progress toward improving Canada’s position as having the best deal in the world with the U.S.

However, that progress has not been enough to meet our objectives for Canadians. As a result, this evening, I have decided to suspend trade negotiations with the U.S. and have directed Canada’s negotiators to return to Ottawa. They have worked hard, in good faith, to defend the interests of Canadians throughout these negotiations up until the very last minute. However, last-minute changes in the U.S. proposed terms were unfair, uneconomic, and called into question the reliability of any deal.

At midnight tonight, the U.S. intends to impose a 50% tariff on roughly $28 billion of Canadian goods. Canada will match those tariffs dollar for dollar to protect our workers and businesses.

In the coming days, the government will introduce additional measures to support Canadian workers and businesses, building on the nearly $25 billion in support provided over the past 18 months.

These actions complement Canada’s core economic strategy. From day one, we have been focused on building our strength at home and diversifying our partnerships abroad.

That strategy is working. We are advancing nearly $500 billion in major infrastructure projects. In parallel, we are unlocking new export markets for Canadian businesses. Our existing free trade deals already provide Canada with preferential access to 1.5 billion consumers, and we are on track to double that market access by the end of this year.

Canadian economic growth is accelerating, and we are on course to have the second-fastest growth in the G7 over the next two years. Our economy is creating jobs at four times the rate of the United States. Our exports to non-U.S. markets are on track to double over the next decade. Foreign direct investment in Canada is at its highest level in two decades, running at twice the rate of our nearest G7 competitor. Canada now ranks as the most attractive country in the world for infrastructure investment.

Canada has what the world wants. And we will not allow any nation to determine our future. We will set our own course to keep building Canada strong for all.”

Statement by PM Carney on Canada-US trade negotiationshttps://www.pm.gc.ca/en/news/statements/2026/08/21/statement-prime-minister-carney-canada-us-trade-negotiationsOpen linkView original on lemmy.ca
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opensource·Open SourcebyMakingWork

Dreame Breakout PCB (Valetudo)

cross-posted from: https://lemmy.ca/post/64654176

I have a Dreame PCB breakout adaptor for Valetudo. It's a spare, not soldered.

I don't have a button but I should have the other parts needed.

Free to whomever needs it within Canada. I'll ship it, send me a private message. :)

Also to those more tech savyy than me wants to cross post this post for more visibility, that would be great. (Yes I see the irony.)

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cooking·Cooking byMakingWork

Buttery chocolate chip cookies (Dino Eggs)

90 calories each. Made 30 cookies.

Mix together

  • 1/2 cup butter
  • 1/2 cup packed brown sugar
  • 1/3 cup white sugar

Mix in

  • 2 tsp vanilla extract
  • 1 egg

In a separate bowl Mix

  • 1.5 cups flour
  • 2 tsp corn starch
  • 1 tsp baking soda
  • 1/4 tsp salt

Mix dry and wet ingredients.

Add 1 cup chocolate chips. I used micro mini eggs to make them fun and colourful. It was 190g I think.

Mix.

Make into 1 inch balls then flatten a bit. I put them on a baking sheet with parchment paper. Spread apart because they expand. Bake at 350°F for 12 minutes.

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Robot Vacuums Privacy

Looking for a robot vacuum and mop to either root and put Valetudo on it or one that prioritizes privacy (offline modes.)

bObsweep UltraVision claims:

Make no mistake: UltraVision fully respects your privacy, UltraVision never sends images anywhere - servers, cloud, or otherwise - be it of your room layout or your cleaning habits. Furthermore, any info you personally insert into the app, such as your name and email address, is stored on US-based servers. Nothing gets exported to foreign servers (unlike your neighbor's expensive vacuum).

Narwhal claims it keeps information stored locally as well and encrypts data on the phone app.

Is there an advantage to rooting a vacuum and using Valetudo if the vendor doesn't store information on cloud? Would using the vendor app be a security risk?

Thanks!

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Cheese tea biscuits

These came out very soft! First time I tried to make these, somehow it did not turn out good. I realized I wasn't using enough flour.

Mix:

  • 4 cups of flour
  • 8 tsp baking powder
  • 2 tsp salt (add more salt if you want it saltier)

Cut in

  • 3/4 cup or butter (or shortening)
  • 2 cups of milk

Stir with a fork to form a dough

Add

  • 1 to 2 cups of grated cheese (I probably used over 200g)

Knead it 8 to 10 times

Then I cut it in half to make it easier to work with. I used flour to help since its very sticky. Shaped it into two thick baguettes. Used a knife to cut slices out.

Placed the slices on a baking pan with parchment paper and baked at 425°F for 15 minutes.

Perfect for tomato soup.

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Condo sales in Toronto, Hamilton fall to 35-year low in third quarter

Only 319 new condo units were sold in the third quarter, down 54 per cent from a year ago and the lowest quarterly total since 1990 when Toronto’s condo market faced a severe crash, according to a quarterly condo report by the real estate research firm Urbanation.

Lemmings, what are your opinions on the housing market?

Condo sales in Toronto, Hamilton fall to 35-year low in third quarterhttps://www.theglobeandmail.com/investing/personal-finance/article-condo-sales-fall-toronto-hamilton-project-cancellations-real-estate/Open linkView original on lemmy.ca
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UBS gives America a recession check-up and sees a 93% probability from the hard data, with a 'soggy' economy ahead

There are certain words you don’t want to hear in a medical checkup or in an investment bank’s recession outlook: “stable but elevated.” It’s a phrase that could refer to blood pressure, even risk of a heart attack, a favorite metaphor of hedge fund legend Ray Dalio, or in UBS’s evaluation, risk of a recession.

The bank found that from May through July, the “hard data” from the U.S. economy has shown an elevated risk level, standing at a probability of 93% most recently. This sits at “historically worrying levels,” UBS says, given this signal’s track record of identifying turning points using data from the National Bureau of Economic Research.

The bank notes other classic warning signs of an impending recession from the data, such as the inverted yield curve, which it notes is 23% inverted, steady in recent months but up sharply since the start of 2025. Based on building stress in credit markets, it finds the credit metrics-based recession probability has risen to 41%, roughly doubling since January.

Fortune’s reporting throughout 2025 has outlined mounting warning signs the U.S. is headed toward a recession, echoing and expanding on the UBS research note’s findings. But when UBS zooms in to the hard data, it finds that while most metrics are turning negative, it’s more in a “mile wide, inch deep” kind of “malaise.” None of the hard series of data is showing “signs of rapid unraveling,” according to the team led by Pierre Lafourcade, resulting in an overall bill of health: “Soggy, soft, weak, yes, but not collapsing.” Key findings

The UBS analysis of “hard data” reflects the bank’s own proprietary factor model, which relies on objective, non-survey-based economic indicators such as personal income, consumption, industrial production, and employment data. It filters out sentiment surveys, purchasing manager indexes (PMIs), and financial market signals.

After a brief recovery at the end of 2024, the hard data signal tipped decisively back into negative territory starting in February 2025. The sideways movement since May suggests sustained weakness rather than any new acceleration downward. According to the note, none of the major hard economic series were showing the kind of sharp, downside deviation (such as more than one standard deviation below trend) typically seen directly ahead of past recessions.

The key message is that the U.S. economy, by these hard data measures, is locked in a prolonged phase of stagnation or slow contraction, warranting caution even as outright collapse has not yet materialized. This aligns with other analysts’ warnings that even if a recession doesn’t materialize, the economy is headed for a bout of 1970s-style “stagflation,” a combination of a stagnating economy and rising inflation. For similar reasons, UBS is actually not forecasting a recession despite this 93% probability in the hard data. Aggregate recession risk

Despite the elevated risk, UBS’s economics team is not formally forecasting a recession, but rather expects “soggy growth” followed by improvement in 2026. The bank notes its U.S. Economics team has recently warned about “stall speed” in the economy, especially after the July jobs report revealed very low employment growth, and that call now seems “roughly consistent with the roughly 50-50 interpretation combining the credit data, yield curve, and leading hard data indicators.”

UBS averaged the hard data together with inverted yield curve and credit markets to produce an aggregate recession probability of 52% for July, up 15 percentage points since January and at levels historically associated with NBER-designated recessions. The bank’s recession tracker, therefore, points to a precarious balance for the U.S. economy—much weaker than a soft landing, but not yet collapsing—leaving policymakers and market watchers on alert as 2025 progresses. The other recession calls

Mark Zandi, chief economist for Moody’s Analytics, warned in early August the U.S. was on the precipice of a recession, citing much of the same hard data as UBS. Zandi argued the major revisions downward in the July report recalled earlier inflection points before recessions, when he sees revisions as much likelier due to swings in economic activity.

Zandi’s remarks followed a similar warning from JPMorgan, which said it has “consistently emphasized that a slide in labor demand of this magnitude is a recession warning signal…In episodes when labor demand slides with a growth downshift, it is often a precursor to retrenchment.”

In the weeks since, Zandi has voiced concerns over the coming winter of 2025/2026 as the time of greatest vulnerability, putting the odds of a recession at 50-50. Within a few days, Zandi argued states accounting for almost one-third of GDP were either in recession already or at risk of it. By his calculations, only one-third of the economy was expanding as of late August.

UBS gives America a recession check-up and sees a 93% probability from the hard data, with a 'soggy' economy aheadhttps://fortune.com/2025/09/02/recession-probability-93-percent-hard-data-ubs-stable-elevated-economy/Open linkView original on lemmy.ca
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Question: resume scrolling

Question:

When scrolling through posts, then accidentally hitting back, it takes me to Communities.

From the list of Communities I'm subscribed to, how can I go back to scrolling where I left off? It seems as soon as I see communities, I have to click on one and can't resume scrolling from where I was. If I click on any community, it refreshes the community.

Thank you!

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cooking·Cooking byMakingWork

Oatmeal Chocolate Chip Cookies

Recipe: 1/2 cup butter (813 calories)

1/3 cup white sugar (258 calories)

2/3 cup light brown sugar (557 calories)

2 tsp vanilla extract

1 egg (78 calories)

Mix them all together.

Then add flour mixture:

1.5 cups oats (I used quick oats) (495 calories)

1 cup flour (455 calories)

1/2 tsp baking soda

1/2 tsp salt

1 cup milk chocolate chips (1120 calories)

Mix together.

Preheat oven to 375°F, bake for 10 to 12 minutes until bottom is brown.

I made 41 cookies. They're 92 calories each (yikes!).

Enjoy 💕

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