In today’s episode of The Line Podcast, recorded on January 23rd, 2026, Matt Gurney and Jen Gerson are finally reunited after a long absence. Matt briefly explains where he’s been (you can see his full statement here) and thanks The Line’s audience for their patience and support before the conversation turns to the biggest stories of the week. As Jen notes, it’s a perfect moment for Matt to be back. With sudden, serious talk about insurgency, warfare, geopolitical conflict, guns, emergency preparedness, and civil defence, all the subjects Matt has been nerding out about for decades have abruptly become relevant. She jokes that it would have been a shame for him to miss this moment, especially as the Canadian military has quietly been gaming out insurgency and resistance scenarios in the unlikely but no-longer-unthinkable event of a U.S. invasion. Matt, unsurprisingly, has a few thoughts.

From there, the hosts turn to Mark Carney’s speech in Davos. Jen argues it was really aimed at a European audience and may have doubled as a victory lap. Matt agrees, but adds that Washington was clearly part of the intended audience as well. Still, both hosts think the most important audience is here at home. Everyone seems to agree that major changes are coming and that major changes are needed. The open question is who is going to start proposing them, especially the ones that will be politically painful.

Finally, Matt and Jen dig into comments by U.S. Treasury Secretary Scott Bessent suggesting Alberta wants to join the United States. Jen is skeptical. Matt, meanwhile, wonders how nice it would be if Canada had a reliable way of noticing when large amounts of foreign money were flowing into the country to influence domestic politics. It’s a pity, really, that we haven’t already spent years seriously debating foreign interference in Canadian democracy.

In any case, your hosts are happy to be back together. Enjoy all this and more in the latest episode of The Line Podcast. Check us out at ReadTheLine.ca, and as always, like and subscribe.

Today on On The Line, host Jen Gerson sits down with economics professor and founding Director of McGill University's Max Bell School of Public Policy Chris Ragan. They talk about a story that has been absolutely buried under an avalanche of news -- the threatened indictment of U.S. Federal Reserve Chairman Jerome (Jay) Powell.

Last week Powell put out a statement stating flatly that the Trump administration is abusing the courts in order to put pressure on the independence of the fed.

What does that mean, exactly? Why does it matter? And what are the political and economic implications of the US central bank whose independence is increasingly under pressure? We get right into it today on On The Line.

Canada agrees to cut its tariff on Chinese electric cars in return for lower tariffs on Canadian farm products and Ontario premier Doug Ford is positively pissed. In this week's episode of The Line Podcast, host Jen Gerson sits down with The Line Alberta's Rob Breakenridge at the Saskatchewan Crops Forum. This is a live taping of the podcast that took place, and what a topical moment as they were there to discuss China, tarifs, and agriculture just as Prime Minister Mark Carney conducted his delegation to China to ease tense trade relations between the two countries as the friendship between Canada and America continues to fray.

The two Calgarians also lament the city's ongoing water restrictions, and the city's report outlining its failures.