Juno News - January 20, 2026


Carney SLAMS U.S. & China as “BULLIES” at WEF annual meeting

Topics
Doug Ford and Carney agreement concerns past behavior red tape
Mentioned
Mark Carney Doug Ford Jocelyn Bamford Donald Trump Cardi
Trump FURIOUS over Carney cozying up with China Trump TORCHES Carney over WEF speech

Episode Stats


Length

19 minutes

Words per minute

148.55

Word count

2,872

Sentence count

189

Harmful content

Hate speech

11

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

In a speech to the World Economic Forum in Davos, Canada's Prime Minister took a shot at the world's two biggest economic powers, the U.S. and China. Today's guest is Jocelyn Bamford, founder of the Coalition of Concerned Manufacturers and Businesses of Canada.

Transcript

Transcript generated with Whisper (turbo).
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 Well, Prime Minister Carney took a thinly veiled shot at the world's two superpowers
00:00:09.440 without actually naming them today, telling the World Economic Forum the U.S. and China
00:00:14.500 are not playing by the old rules.
00:00:17.100 Instead, he says, they're acting more like bullies, using their economic clout as weapons
00:00:22.680 to push around smaller nations who have few options.
00:00:26.320 We are in the midst of a rupture, not a transition.
00:00:30.000 Over the past two decades, a series of crises in finance, health, energy and geopolitics
00:00:36.000 have laid bare the risks of extreme global integration.
00:00:39.000 But more recently, great powers have begun using economic integration as weapons.
00:00:45.000 Tariffs as leverage, financial infrastructure as coercion, supply chains as vulnerabilities
00:00:51.000 to be exploited.
00:00:53.000 You cannot live within the lie of mutual benefit through integration when integration becomes
00:00:59.980 the source of your subordination.
00:01:02.980 And as a result of that, he says, smaller nations, middle nations are trying to become more independent,
00:01:08.980 less reliant on those superpowers for their own economic well-being.
00:01:13.980 Let's listen.
00:01:14.980 And as a result, many countries are drawing the same conclusions, that they must develop
00:01:19.980 greater strategic autonomy in energy, food, critical minerals, in finance and supply chains.
00:01:25.980 And this impulse is understandable.
00:01:28.980 A country that can't feed itself, fuel itself or defend itself has few options.
00:01:34.980 When the rules no longer protect you, you must protect yourself.
00:01:38.980 Now, after the speech, Carney was asked whether he is a globalist.
00:01:43.980 In response, Carney couldn't even bring himself to use the G word and offered this up instead.
00:01:49.980 There are a number of like-minded countries that want to work through partnership to achieve
00:01:58.980 those goals for their citizens and for the world more broadly.
00:02:02.980 The call is for more to recognize what's really going on right now and to pool their resources
00:02:11.980 to the benefit of citizens.
00:02:12.980 So, it won't be global.
00:02:14.980 It won't cover the globe.
00:02:16.980 But it will be more powerful.
00:02:19.980 So, as an anti-globalist, President Donald Trump will have his say at Davos this week as
00:02:25.980 well and that will include talk of bringing Greenland into the American orbit despite efforts
00:02:30.980 by his NATO partners to stop it.
00:02:33.980 Why are you upset about NATO allies thinking that, you know, more seriously in Greenland
00:02:37.980 by holding military exercises?
00:02:39.980 Well, that wasn't a military.
00:02:41.980 They sent a few people.
00:02:42.980 And they say they sent them, not for me, but to guard against Russia. 0.78
00:02:47.980 But, you know, NATO's been warning Denmark for about 20 years now, longer than that,
00:02:54.980 25 years, they've been warning Denmark about the Russian threat.
00:02:59.980 And it's not only Russia, it's also China.
00:03:02.980 So, we'll see what happens.
00:03:03.980 But let's put it this way.
00:03:05.980 It's going to be a very interesting Davos.
00:03:08.980 Trump is scheduled to speak in Davos tomorrow.
00:03:12.980 Ontario Premier Doug Ford has doubled down on his opposition to Chinese electric vehicles
00:03:17.980 sold in Canada.
00:03:18.980 He says it'll be a security nightmare.
00:03:21.980 What evidence do you have that these Chinese EVs would spy on Ontarians or listen to their 1.00
00:03:25.980 phone calls?
00:03:26.980 What are you basing that on?
00:03:27.980 Well, it's very simple.
00:03:29.980 When the Prime Minister and his team are over there, they use burner phones.
00:03:33.980 You know, you're making a deal with a country with burner phones.
00:03:37.980 And the Prime Minister did mention when he got elected that the number one country for
00:03:44.980 national security threat is China. 0.93
00:03:46.980 And we know when you hook up your phone, they're going to be listening.
00:03:50.980 Simple as that.
00:03:51.980 And anyone who doesn't believe that is very, very naive.
00:03:54.980 So, we're going to...
00:03:56.980 By that logic, are you concerned about the Chinese-made phone in your pockets or your iPhone
00:04:02.980 is made in China?
00:04:03.980 Are you concerned with that?
00:04:04.980 Well, I'm concerned about cyber security and the threat of China. 0.99
00:04:11.980 That's what I'm concerned about.
00:04:13.980 So, we're going to always make sure that we think twice before we have countries come
00:04:19.980 in here and we get nothing back.
00:04:21.980 We get absolutely...
00:04:22.980 Ontarians get nothing back but a threat of jobs in the other side. 0.76
00:04:28.980 Our guest today is Jocelyn Bamford, founder of the Coalition of Concerned Manufacturers
00:04:32.980 and Businesses of Canada.
00:04:34.980 She comes to us from Suffolk, Virginia.
00:04:36.980 Welcome, Jocelyn.
00:04:37.980 Thanks, Mark.
00:04:38.980 Glad to be with you.
00:04:40.980 Well, let's start off a little bit.
00:04:42.980 Before we get to Doug Ford, let's start a little bit with Cardi's speech today at the
00:04:48.980 World Economic Forum in Davos.
00:04:50.980 The National Post is referring to it as a striking speech.
00:04:55.980 He took shots at really both Trump and the Chinese as being basically bullies now that
00:05:03.980 the old rules don't seem to apply where everybody kind of works together for the benefit of themselves.
00:05:09.980 Now you've got the two quote-unquote bullies whom he did not name, so we're talking about
00:05:15.980 the United States and China, using their economic clout really to push around the smaller nations
00:05:22.980 who need to get together and hold them honest and keep them honest.
00:05:27.980 What do you make of that?
00:05:30.980 Yeah, you know, I don't know what to make of it.
00:05:34.980 Quite frankly, I think that Cardi's decision to side with China against the United States
00:05:41.980 is a terrible decision.
00:05:42.980 And I don't know if folks have seen the Washington Post where an article just came out that said
00:05:49.980 that Canada will regret cozying up with China to true old Trump.
00:05:55.980 So I think that that decision is going to come back to hurt them.
00:05:59.980 I think Canadians should think, who do they want to side with?
00:06:02.980 Do they want to side with our American friends who we share a border with, that we do the
00:06:07.980 majority of trade with, that we've had a long-standing relationship?
00:06:11.980 Or do we want to side with the communist China who has a terrible history of abusing people, 0.91
00:06:21.980 of kidnapping our Canadian citizens, and have continued to dump products, subsidized
00:06:28.980 by the communist party, and dump them on our shores, hurting manufacturing and Canadian jobs? 0.52
00:06:36.980 Is that who we want to side with?
00:06:38.980 So I'm confused.
00:06:39.980 There doesn't seem to be much of a choice for me.
00:06:41.980 And to think otherwise, I think it's crazy.
00:06:45.980 I don't know why Canadians have fallen for what the Liberal Party has put out.
00:06:56.980 Yeah, I don't think Carney thinks we should be taking sides.
00:07:01.980 Maybe he figures we need to, that the middle powers should be pushing back on both the United 1.00
00:07:07.980 States and China.
00:07:09.980 And the Globe and Mail, meanwhile, thinks it was a speech directed squarely at Trump.
00:07:14.980 But I mean, if you look at the Chinese practices over the years, especially using their Belt 0.97
00:07:19.980 and Road initiative to get countries into all kinds of debt that they can never pay back,
00:07:25.980 and then using that leverage to push their way into the political control of these nations
00:07:34.980 in Africa or elsewhere.
00:07:36.980 So that's my take on it for what it's worth.
00:07:38.980 Yeah.
00:07:39.980 But he got a standing ovation, believe it or not.
00:07:41.980 Yeah, no, what he says in his speeches and what he does by signing agreements are two different
00:07:47.980 things.
00:07:48.980 So I think Carney says what people want to hear and then does the exact opposite.
00:07:53.980 So, you know, I know that's what he said at Davos, that we need to empower the middle
00:08:01.980 nations, but signing a pact with with China doesn't do anything to advance the middle
00:08:08.980 nations.
00:08:09.980 So that's why I question not what he says, but what he actually does.
00:08:16.980 Yeah.
00:08:17.980 He also was asked whether he's a globalist by an interviewer who said, well, you worked
00:08:23.980 at Goldman Sachs and, you know, you've worked, lived in multiple countries, you know, you've
00:08:29.980 been a central banker.
00:08:31.980 It's really pushing him into that corner to see if he's a globalist or not.
00:08:34.980 And Carney couldn't even use the word.
00:08:36.980 He said G word rather than using the globalist.
00:08:40.980 So I don't know if he likes being tarred with that, but he is really a sort of the arch globalist.
00:08:45.980 And I don't think that that's going to be something that he can live down even if he
00:08:50.980 doesn't want to say the word.
00:08:51.980 Yeah.
00:08:52.980 Again, let's not listen to what he says.
00:08:53.980 Let's listen and watch what he does.
00:08:55.980 That's the litmus test for me.
00:08:58.980 And it's all very concerning.
00:09:03.980 Let's talk about Doug Ford now, because Doug has raised some concerns.
00:09:08.980 You know, people are suggesting that the the bromance between him and Mark Carney is over
00:09:14.980 because, of course, Carney agreed with China to bring over.
00:09:19.980 I think it's it's either forty nine thousand or fifty thousand somewhere in their Chinese EVs.
00:09:26.980 And Doug Ford came out again and said, you know, these things are going to be a security nightmare.
00:09:31.980 The Americans aren't even going to allow them into their country and you're going to be surveilled by the by the Chinese. 1.00
00:09:38.980 What do you make of his?
00:09:39.980 Yeah, we all warned him, Doug Ford, that is what's siding up with Carney would do.
00:09:50.980 And it would destroy manufacturing in Ontario.
00:09:52.980 And it looks like that's exactly what's happening.
00:09:55.980 But, you know, I'm not quite convinced that this isn't all for political theatre.
00:10:01.980 Remember, they also came out when Doug Ford ran those ads against the United States in the United States.
00:10:11.980 And Carney came out and said, oh, he had no idea and hadn't heard anything about these ads when in fact they had just had dinner the night before.
00:10:19.980 I find it impossible to believe that he didn't know.
00:10:22.980 So so you wonder how much of all this is political theatre and how much is is actual reality?
00:10:29.980 Because we are in crazy times, my friends.
00:10:33.980 The stuff that's happening globally and in Canada is stuff that you couldn't even have imagined 10 years ago.
00:10:41.980 But here's what I know is true.
00:10:43.980 Canadian manufacturing is second to none in the world.
00:10:47.980 We have the best skilled tradesmen in the entire world.
00:10:52.980 And we're not doing anything to protect Ontario manufacturing from a product coming in subsidized from China and elsewhere and landing on our market below the cost of the raw goods.
00:11:07.980 And that's what dumping is.
00:11:08.980 And that the sole intention of doing that is to drive our our manufacturing companies out of business.
00:11:16.980 And you just have to look at what's happening in Ontario to manufacturing to know that that's true.
00:11:22.980 If Mark Carney really did want to develop middle economies and middle nations, he would stop the practice of dumping from from China and from other countries in Canada.
00:11:36.980 He'd make sure that our manufacturing is second to none.
00:11:40.980 And what do you need to have good manufacturing?
00:11:42.980 You need affordable energy so that you can run your plant.
00:11:46.980 You need a low regulation so that you can expand and grow in a timely manner.
00:11:52.980 And I asked Mark Carney, what has he done to address any of that either affordable energy, red tape so that we can have more productivity?
00:12:02.980 I haven't seen a thing in with regards to that in Canada.
00:12:07.980 I've seen only worse treaties than we had before and putting Canadian manufacturing in a more vulnerable position.
00:12:16.980 And tell me where I'm wrong.
00:12:21.980 Well, interesting.
00:12:22.980 Today, Carney was kind of bragging about Canada's economic performance, and I didn't see that at all.
00:12:29.980 I mean, he said that our job creation in Canada is actually better than that of the United States.
00:12:35.980 I mean, the United States economy is growing at possibly between, you know, 4.5% and 5%.
00:12:41.980 It's just steaming along.
00:12:43.980 They are creating jobs.
00:12:45.980 And Canada is stuck in kind of stagflation.
00:12:49.980 Not only it's very slow growth, but we still have high inflation.
00:12:53.980 I mean, we have the worst of both worlds.
00:12:55.980 So I don't know why Carney thinks he can brag about Canada's economic performance on the world stage.
00:13:01.980 Yesterday, we saw our inflation numbers as being the highest in the G7, you know, just ahead of Japan.
00:13:09.980 I mean, I know he's telling the world one thing, and I think Canadians are feeling very differently about the state of the economy these days.
00:13:17.980 Show us your numbers, Mr. Carney.
00:13:19.980 Where are you getting those numbers from?
00:13:21.980 Because we'd all like to take a look at them.
00:13:25.980 So you think that this thing about Ford is posturing, and I'm just wondering why he would do that, why he would come out repeatedly and blast this decision to bring Chinese EVs into Canada.
00:13:39.980 But you feel that it's smoke and mirrors, that it's not real.
00:13:43.980 What do you think the real agenda might be?
00:13:45.980 The only reason I could say that is, you know, what do you base future behavior on?
00:13:51.980 You base future on past behavior.
00:13:53.980 Were they honest about the ads that they read?
00:13:57.980 From everything we've heard from the United States, a deal with the United States was imminent.
00:14:03.980 They were getting ready to do press releases until they put those ads out and totally tanked the whole deal.
00:14:10.980 And the fact that they said that neither one told the other, I find that unbelievable.
00:14:17.980 So, you know, what could Doug Ford's reason to go along with Carney and Carney says, I'll sign this deal with China and you come out and be irate about it.
00:14:29.980 I don't know what their next plan would be, but I'm just looking at past behavior.
00:14:35.980 And so there's one of two things, either Doug Ford was completely naive when everybody warned him against forming a pact with Mark Carney against the federal conservatives, that that wouldn't end well.
00:14:49.980 So there's completely naive or there's something else going on, something else in play.
00:14:54.980 Maybe they're sacrificing automotive or or something else.
00:14:58.980 And Doug Ford will get pounded unless he goes along and and and comes out and says that he's irate.
00:15:06.980 I mean, what else could it possibly be?
00:15:09.980 But nothing makes sense these days.
00:15:11.980 So I'm just looking at their their past performance.
00:15:15.980 And I'm questioning everything that two of those guys do.
00:15:19.980 I mean, you talk to Americans a lot.
00:15:24.980 Seeing that your expansion is down there in Virginia.
00:15:28.980 What do they say when they see what's happening in Canada?
00:15:32.980 Do they ask you?
00:15:33.980 Well, yeah, two things.
00:15:35.980 They either are completely oblivious because they really feel that that Canada is not important in in their equation.
00:15:43.980 Or if they do say they say, what the heck is Canada doing?
00:15:48.980 You know, we've had a long relationship.
00:15:49.980 Do they think they can unwind these trade deals that we've had for so long or these partnerships are working together?
00:15:57.980 And I'm going to tell you, you know, what's at stake is the USMCA agreement and getting a further agreement to that.
00:16:06.980 And that will absolutely destroy our economy in Canada.
00:16:11.980 So why we wouldn't take a deal that apparently we were very close to signing just a few months ago is inexplicable.
00:16:21.980 It does not make sense.
00:16:23.980 And then go and make an economic deal with communist China again. 0.57
00:16:28.980 That it makes no sense.
00:16:30.980 So, you know, we need to grow and we're sitting on a gold mine.
00:16:36.980 We are so fortunate in Canada that we have a robust resource sector, natural resources.
00:16:44.980 If we could unleash our resource sector, we could have manufacturing that could operate very cost effectively.
00:16:52.980 We could grow jobs that not only support the resource sector, but support other general manufacturing.
00:16:57.980 And that general manufacturing is really what drives the middle class.
00:17:01.980 So why we wouldn't be doing any of those things?
00:17:05.980 I mean, people have to ask themselves, why?
00:17:08.980 Why would we not be unleashing our prosperity as a nation?
00:17:13.980 It makes no sense to me.
00:17:16.980 Makes no sense to me either.
00:17:17.980 I mean, we could be selling all sorts of oil and using that revenue to lower taxes, corporate taxes to make it as competitive as possible.
00:17:28.980 You know, we have a fantastic advantage here that we, you know, we could use all that revenue to make our manufacturing super competitive with many of the U.S. states.
00:17:39.980 Instead, we got high taxes, high energy costs.
00:17:42.980 And we put a stick of the spokes of our resource sector every chance we get.
00:17:48.980 Just massive, massive red tape.
00:17:50.980 Anyway.
00:17:51.980 We had one of our members of the coalition actually go and count the increased number of regulations.
00:17:59.980 And both Ontario and the federal government say that they're cutting red tape.
00:18:05.980 No, they're not.
00:18:06.980 They are at an astounding rate doubling the red tape.
00:18:10.980 And it's crippling our manufacturing and our ability to expand and grow and prosperity.
00:18:17.980 So, again, none of this makes sense.
00:18:19.980 It's not how you would run a country if you're trying to grow a country.
00:18:25.980 Yeah, it doesn't make sense if you're trying to help the country.
00:18:29.980 It does make sense if you're trying to wreck the place, which I suspect more and more is the real reason why they're behaving in the way they are.
00:18:37.980 Jocelyn, thank you so much.
00:18:38.980 My pleasure.
00:18:39.980 Have a great day, Mark.
00:18:40.980 Jocelyn Bamford.
00:18:43.980 And that is it for this edition of Straight Up.
00:18:46.980 Appreciate you tuning in, my friends.
00:18:48.980 Let's do it again soon, shall we?
00:18:49.980 Bye-bye for now.
00:18:50.980 ...
00:19:18.980 .