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John Bolton
- November 18, 2025
Carney Horrific #1 - Business LEAVING Canada (MASSIVE LOSS)
Episode Stats
Length
2 minutes
Words per Minute
133.26537
Word Count
305
Sentence Count
19
Summary
Summaries generated with
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.
Transcript
Transcript generated with
Whisper
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).
00:00:00.000
Nearly one-quarter of consumer goods firms preparing to exit Canada, industry CEO warns Parliament.
00:00:19.000
There's a number that should stop this country cold, 23%.
00:00:23.000
That is the share of companies in one of Canada's essential manufacturing and consumer goods sectors
00:00:28.000
now preparing to withdraw products from the Canadian market or exit entirely within the next two years.
00:00:33.680
It was delivered straight to Parliament at the House of Commons Standing Committee on Industry and Technology
00:00:39.300
during its study on Canada's underlying productivity gaps and capital outflow.
00:00:44.900
Michael Graydon, the CEO of Food, Health and Consumer Products of Canada, didn't hedge or soften the message.
00:00:51.260
He told MPs,
00:00:52.400
23% of our members expect to exit products from the Canadian marketplace within the next two years
00:00:58.860
because the cost of doing business here has just become unsustainable.
00:01:04.480
Unsustainable, that's the word he used.
00:01:07.300
They're putting expansion plans on hold or shifting them to jurisdictions that move faster, cost less, and offer clearer rules.
00:01:15.420
It is happening at the level that matters most.
00:01:17.960
the decision whether to continue doing business in Canada or move operations somewhere more
00:01:23.020
predictable. And once those decisions are made, they're very hard to reverse. Capital doesn't
00:01:28.480
boomerang back out of patriotism. It goes where it can earn a return. The fact that executives are
00:01:34.520
now openly warning Parliament that they cannot afford to stay is a moment of clarity. It's also
00:01:39.580
a test. Either this country becomes a place where people can build things again quickly, affordably,
00:01:45.320
competitively, or it continues down the path that leads to empty factories,
00:01:49.760
hollowed out supply chains, and consumers who wonder why the shelves look thinner every year.
00:01:54.960
23% is not just a statistic, it's the sound of a warning bell ringing at full volume.
00:02:00.540
The only question now is whether anyone in charge hears it.
00:02:15.320
You
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