The Prime Minister is in China for trade talks, hoping to improve strained relations between Canada and China. Canadian negotiators are in active discussion about lowering or dropping tariffs on Chinese-made electric vehicles in exchange for easing Chinese counter-tariffs on canola and seafood.
00:07:46.300And, of course, Mackenzie King passed on a book to him on Berlin, which now is called Kitchener, where Mackenzie King was, I believe, born or he lived for a while.
00:07:55.780And the meeting was extraordinary, but he wasn't sent on his own.
00:08:02.320He was sent by the English and by J.D. Rockefeller.
00:08:07.280And on his way back from Germany, he reported to Neville Chamberlain and told him, I think we can do business with this guy.
00:08:17.500And he went back to the Rockefellers and he told him, I think we can do business with this guy.
00:08:21.520And this smells to me like that kind of trip.
00:08:28.180He's going there to report to someone else.
00:08:32.620This really isn't a Canadian junket to increase Canadian business.
00:08:38.320Maybe it is to secure Power Corporation Demaree business.
00:08:42.040But Canada writ large, I don't think it is.
00:08:44.720I think it's a report on the sentiment of the Chinese right now just before Davos.
00:08:50.600And remember, he's going to Davos next.
00:08:53.320He was just in Denmark holding a box of Lego.
00:08:57.020I thought the liberals were against plastic.
00:11:29.580Because given his history as Prime Minister of Canada, you know, how do you disassociate yourself from what you did before to the person you are now?
00:11:51.100So there is in the lobby, in the rules, a rule that you cannot lobby on behalf of anybody for two years if you've held a public position like that.
00:12:04.140I presume that would apply to Prime Minister Justin Trudeau as well, wouldn't it?
00:12:10.740You know, he's always been kind of ethically challenged, though.
00:12:14.980He doesn't seem to follow rules that he doesn't like.
00:12:18.080So it wouldn't shock me if he just didn't even bother following any of those rules or he was even aware of them.
00:12:27.340And, of course, he's got Katy Perry in tow.
00:14:47.160It will be interesting to see how he navigates this and how the WEF meetings will be helpful.
00:14:57.760I think it has nothing to do with Canadian interests.
00:15:01.220It has everything to do with his personal interests, with the Brookfield interests, with the Demaree interests, with the Power Corporation interests.
00:15:06.860And that is very unfortunate for Canadians.
00:15:11.260We have a once-in-a-lifetime opportunity here to sell our oil, especially with the seismic shifts in geopolitics.
00:15:19.580And if we don't execute on that, well, then it will be the shame of the century.
00:15:25.860Yeah, China wants us to disassociate, decouple more from the United States and U.S. policy in order to cozy up with them.
00:15:37.760They posted this through their state-run, state-controlled media over there.
00:15:43.020The Mark Carney government needs to demonstrate that its willingness to strengthen cooperation with China is not just a makeshift move to reduce the bill being charged by the United States.
00:15:53.780So, to me, what they're saying there is, you know, don't think you can play us off against the Americans going into your negotiations for the USMCA slash Kuzma.
00:16:03.520You know, if you want to deal with China, you've got to show strong signals here that you are decoupling from Washington and taking a more independent position in terms of, you know, your policies, your foreign policies.
00:16:19.280I hope he doesn't go down that road, but, you know, he wants a win.
00:16:24.640I think he really is really hoping to get a win from his trip to China, but I just don't know how far he's prepared to go.
00:16:32.460So, it'll be interesting to see what comes out of this thing, if anything.
00:16:37.880I think the United States is keeping an eye on this.
00:16:40.300They've seen the two, well, multiple MPs, not just liberal, but also conservative MPs who were going to Taiwan, were in Taiwan for a visit, cutting their trip short, you know, in order not to embarrass the Chinese while Carney is there.
00:17:12.620And that's an interesting nuance to that equation.
00:17:19.300Listen, I hope, the truth is, America is our best friend, our biggest customer.
00:17:27.620We need to be hand in glove with them.
00:17:29.760I hope Carney was sent by Trump to China.
00:17:33.060If he wasn't, I think we're in grave, grave danger.
00:17:37.380I think we will become Venezuela in the next 10 years if he wasn't sent by Trump.
00:17:44.920And our standard of living is going to fall.
00:17:49.060I just saw earlier this morning an indebtedness chart.
00:17:53.620Canada's on top, the number one in the indebtedness chart.
00:17:57.700104%, it said, Canada's individual debt is.
00:18:02.160And that's not something to be proud of.
00:18:07.100It's just going to get worse if we don't focus on the economy and start creating a stronger economy and start building jobs.
00:18:17.720But right now, it's all indicators point in the wrong direction.
00:18:21.200Yeah, in the meantime, you're seeing delusion on the part of some of the premiers, like your premier, Kanu, over in Manitoba, who came out and said, wow, the United States is a third world country now.
00:18:32.380Last I checked, you know, the equivalent GDP between Canada and the United States, you know, is about on par with Alabama or something like that.
00:18:43.260It's just a bizarre thing for him to say, given the state of their economy, which is booming and ours, which is pretty much flatlined.
00:18:50.360Anyway, Vess, thank you so much for coming on the show.