Todd McClay

lamb producers, ironically.

We'll be making that case.

I'll be sending officials over.

I'll be meeting with my counterpart in a couple of weeks in Paris at the OECD.

We're making this case.

We'll get a fair hearing, but it's just, as I said, a bit more unstable.

I think it's a latter.

But, you know, we will be able to look at the case and they'll look at it fairly.

But at the end of the day, as I said, the president makes decisions.

Nice to talk to you, Trade Minister Todd McLean.

Well, exactly, Mike.

I mean, rising prices caused by the war in Ukraine, the blockade in the Strait of Hormuz.

This is colliding, of course, with weak growth.

I mean, just have a quick look around Europe.

We're looking at what?

2.8 percent inflation, 0.2 percent GDP growth.

almost 6% unemployment.

You know, they say that energy inflation is going to be 5.4%, but no one believes that.

They all expect it to be higher.

So it's giving EU governments a lot of food for thought because essentially, Mike, there's very little that they can do to protect the consumer other than throw money at it.