00:08:49.120But we believe that from the fracture we can build something bigger, better, stronger, more just.
00:08:54.840This is the task of the middle powers, the countries that have the most to lose from a world of fortresses and a most to gain from genuine cooperation.
00:09:06.420And about those middle powers, here is James Diamond, Chief Executive Officer at JPMorgan Chase back in June, talking about Carney and his middle powers.0.79
00:09:16.420I don't think it's all going to work. Like when Mark Carney said the middle powers should get together, it's a fantasy.
00:09:24.840they did that it's called europe you know and it is hard to go to a cfr event these days
00:09:31.480where europe doesn't get dumped on i'm afraid no no but europe but this this is a serious problem
00:09:36.680the gdp of europe has gone from 90 of america to 70 percent and at the current and our views
00:09:43.160will probably continue to erode over time because high taxes i'm not against social safety nets and
00:09:48.440we should probably talk about that a little bit too but they're too high and effective a lot of
00:09:51.880of countries. They have 100% debt to GDP also. But growing slow is much worse with 100% debt to GDP
00:09:59.840than growing fast. Mark Carney and the liberal government are sacrificing a trade relationship
00:10:05.500with the biggest economy in the world and our neighbors to hitch our wagon to the European
00:10:11.140Union and to build his new world order. And here's the worst part of this.
00:10:16.680he's now groomed enough canadians to accept it and you see this article right here canadians are
00:10:23.900overwhelmingly open to closer eu ties as carney heads to europe according to a poll and let's
00:10:31.460just read a little bit of this article from brian lily what are you going to have to give up if this
00:10:36.720actually happens he's trying to downplay what's going on here folks but more and more integration
00:10:41.460will just come along the way if he does this right now so i'm going to read a bit of this article link
00:10:46.140in the description. Not much of it. I don't want this video to go on forever. We don't need to
00:10:52.120wonder such deals already exist. So he's talking about Canada becoming some kind of an associate
00:10:56.760member of the EU. The agreement with Norway, Iceland, and Liechtenstein requires those countries
00:11:02.800to follow European laws and regulations to gain access to the EU common market in areas such as
00:11:09.060product standards, food safety, consumer protection, environmental rules, and corporate law. EU
00:11:15.080standards take precedence over domestic law. Norway, a supposedly free and independent country,
00:11:21.620must adopt most EU legislation, yet it gets no vote. Its representatives can appear before
00:11:27.900committees and voice concerns, but they cannot vote on the rules that govern much of their lives.
00:11:32.740There is no way that the EU would grant Canada similar common market access without similar
00:11:38.080concessions. Some EU regulations might be an improvement on what we have now, and some would
00:11:43.640most certainly be worse. The real issue, though, is that we would not be making the decisions for
00:11:49.380ourselves. This is why the United Kingdom and England got out of this. You'll be ruled by
00:11:54.260Brussels. Carney has told Canadians that he walked away from the trade deal on offer from the U.S.
00:12:00.180last month to protect Canadian sovereignty. It was a lie. He said the Americans wanted to control
00:12:05.660which countries Canada could sign free trade agreements with. How would getting close to the
00:12:10.320EU the way Norway has protect our sovereignty. We'd be giving up much of our decision-making
00:12:15.880power to nameless, faceless bureaucrats in Brussels and Strasbourg. The idea of drawing
00:12:21.920closer to the EU on trade is a good one. The idea of a formal agreement that surrenders decision-making
00:12:27.760power from Ottawa is not. If sovereignty was worth walking away from a trade deal with Washington,
00:12:33.720why would it be worth surrendering the same to Brussels because he wants the new world order?
00:12:38.060And I actually wrote down here on my screen, not only are you going to surrender your trade
00:12:44.160to the EU, you are going to surrender your sovereignty.
00:12:47.780Trump doesn't want your sovereignty, despite what you've been hearing.