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Canada to buy next fleet of submarines from US to offset trade deficit: report

Canada to Buy Next Fleet of Submarines From US to Offset Trade Deficit: Report

by The Post Millennial
January 15, 2025
  • How This Breakthrough One-Shot Boost For Relieving Pain, Anxiety, And Depression Helped Me

Canadian officials said Monday that the country will be buying more submarines from the United States in an effort to offset the trade deficit the US has with its northern neighbors. The move is also an effort to prevent Trump from implementing tariffs on the goods sold in America from Canada.

In an interview with the Associated Press, Canada’s Ambassador to Washington Kirsten Hillman said, “[Trump] has a negotiating style which involves positioning himself in the best way he can for discussions. I think that is what this is.”

Trump has threatened to impose a 25 percent tariff on goods coming into the United States from Canada unless it fulfills certain obligations such as shutting down the flow of drugs and illegal immigration going into the United States. In addition to this, Trump has slammed the trade deficit with Canada as an issue that needs to be resolved.

“We are happy to source what we can from the United States. And we have some big military procurements coming up for example, replacing our entire submarine fleet,” Hillman added. “Maybe those are some purchases that can happen from the US”

70 percent of all military arms bought by Canada are through the United States, which includes 88 F-35 fighter jets. Alberta’s Premier Danielle Smith told reporters on Monday that narrowing the gap in trade between Canada and the United States is a better choice than having to deal with the proposed tariff. The message comes after Smith went to Mar-a-Lago over the weekend to see the president-elect. […]

— Read More: thepostmillennial.com

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The Biggest Threat to Your Retirement Is Actually a Very Good Thing

Longevity

When you look at the headlines today, you’ll see experts in the retirement industry warning about big threats to your financial security:

  • De-dollarization and the rise of BRICS
  • Soaring national debt
  • Unstable interest rates
  • Weakened U.S. dollar

All of these are real concerns. But they aren’t the biggest threat to your retirement savings. The true risk isn’t political, monetary, or global.

It’s longevity.

Why Longevity Is the Silent Threat

For most of human history, the problem was the opposite — life expectancy was short, and few people even reached retirement. Today, thanks to medical advancements, healthier lifestyles, and better living conditions, people are living longer than ever before.

And while that’s a wonderful thing, it comes with a financial catch: Your retirement account has to last far longer than you might expect.

  • A 65-year-old couple today has a 50% chance that one of them will live to 90.
  • Some projections suggest that many of us will live well into our 90s, even 100+.
  • This means your nest egg may need to stretch not for 15 years, but 25, 30, or even 40 years.

That’s where the real danger lies: running out of money before you run out of life.

The Retirement Equation Has Changed

While market volatility, debt crises, or central bank policies may feel like the scariest threats, they’re temporary storms. Longevity, however, is a structural shift. Every extra year of life is another year of expenses, another year of inflation erosion, and another year of financial pressure.

If your retirement plan doesn’t account for longevity, you could face tough choices later in life — downsizing, working when you’d rather not, or becoming financially dependent on others.

How to Take Control

The good news? Longevity is a blessing — as long as you’re prepared for it. With the right planning, your retirement savings can work for you instead of against you. The key is learning how to protect your wealth, outpace inflation, and ensure your savings grow even as you live longer.

That’s why our friends at Augusta Precious Metals created a free resource to help you get started:

👉 Get Instant Access to  the report, “How to Take Full Control of Your Financial Future”

This brief report will show you practical strategies to safeguard your retirement from the biggest threat of all — the one that comes from the gift of living longer.

Don’t let longevity catch you unprepared. Take the steps today to secure tomorrow.

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