Juno News - September 27, 2024
CTV News shows its true colours
Episode Stats
Words per minute
162.9167
Harmful content
Misogyny
2
sentences flagged
Hate speech
7
sentences flagged
Summary
This week, CTV News was caught red-handed splicing a clip of conservative leader Pierre Polyev to make it look like he said something he entirely did not say. They fired two of their journalists, and the Conservative Party of Canada demanded an apology.
Transcript
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I have to wonder if there's been a stupider week in the House of Commons than the one we just had.
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I know we're going to talk about it in a bit, but if you guys can think of a stupider moment
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in Canadian politics than we've had this week, I think one of you deserve a bonus on the next
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paycheck. It might be Elbowgate, if you guys remember Elbowgate. Yeah, that was probably
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up there. You know, question periods always kind of been pretty dumb. And I say that from
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people who have been in opposition and on the government side, you know, non-questions being
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given non-answers. But sometimes you wonder, couldn't our elected officials and the thousands
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of people we employ to support them be doing something better or at least more productive
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with their time, maybe even less costly? I don't know. I guess we'll talk about it when we get going.
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Well, happy Friday, everybody. Hope you had a great week. You know, Friday, we like to take
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a more casual tone, kick back. It's a little early where I live, so we haven't poured ourselves
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a drink quite yet, but you feel free to go right ahead and do so. You've got us for Off the Record
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this week. I'm joined with Isaac Lamoureux. Say hi, Isaac. Hello. And Cosming Georgia out in BC.
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And as I was reminded how to pronounce my own name, I'm William Macbeth, and I'm excited to be here
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being your guest host. So yeah, as I said, a little pre-roll there. We've had a very stupid week
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in the House of Commons. Some serious stuff, but some not so serious stuff. But why don't we get
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started first with the big liars in the mainstream media? Cosman, you want to tell us about CTV News
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who got caught doing some fibbing? Yeah, for sure. So for those not in the media, there's an unwritten
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rule that journalists are not supposed to become the story. But this week, we've seen CTV News
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essentially launch themselves into the national news scene because they were caught red-handed
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splicing a video of conservative leader Pierre Polyev to make it look like he said something
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that he entirely did not say. So they took a clip of him talking about a carbon tax election completely
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out of context and spun it so that it looked like he was opposing the liberal government's
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dental care plan. So we've got a couple clips here. The first one is actually the original
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unedited version of this clip. So let's launch that now.
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That's why it's time to put forward a motion for a carbon tax election.
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So that's the unedited clip. That's what Pierre Polyev actually said. Here is the clip
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that CTV News spliced and used. That's why we need to put forward a motion.
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So that was prefaced by a CTV News reporter talking about the liberal dental care plan and opposition
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to it, which is not true. So the conservatives, their director of communications, called out CTV News
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for this tweet, for this video, essentially saying that it was entirely edited, taken out of context
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and spliced and demanding that CTV News account for this. Now CTV News officials actually came out
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and gave a sort of muddied statement, you know, half an apology, half an admission of guilt,
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but they didn't really actually say sorry. And this led the CPC to come back at CTV News
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and blacklist any MPs, any member of caucus from actually taking interviews showing on appearances
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on CTV News. So this has been going on pretty much the second half of this entire week. And it's become
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a scandal in the legacy media because it really shows their bias. And the latest development is CTV News
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saying they've let go the two editors, I presume, responsible for this clip splicing. And they put
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out a statement essentially saying, admitting that this was wrong, but they don't actually say that it
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was done purposefully in that statement. So I'm going to put it to you, Isaac. Is this enough from the CTV?
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Well, that's a tough question, Cosmin. And I'll put it this way. The statement on Monday that CTV
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issued got ratioed completely, having far more comments than likes and people just bashing them
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completely. Whereas their newest statement on Thursday, where they announced firing the journalists,
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it had a lot more likes than comments, first of all, but the comments were largely filled with people
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noting their surprise that CTV took any accountability at all. So that was interesting
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for me. People at least are celebrating that they did take accountability. However, on the flip side
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of things, there were people suggesting that the CTV News just essentially scapegoated these two
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journalists, whoever they are, from something that came from the higher ups likely. So it's hard to say
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whether they truly are taking accountability, because as you said, they didn't necessarily
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apologize for what they did. But something else that that comes to mind here is, I've seen other
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people celebrating the conservatives for essentially standing up to legacy media and CTV in this instance,
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for slandering them, if you want to call it that, or splicing these clips. I mean, this is just
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a complete fabrication of facts, especially with the video. I can't believe they went to this extreme
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measure. Like you really thought you were going to get away with this, splicing videos together. I
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mean, it's ridiculous, especially as a journalist myself thinking about journalistic integrity, who
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could possibly imagine doing something like this? Now, William, Pierre Polyev has sort of made
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himself this anti-legacy media figure, a politician willing to stand up to media lies and mistruths that
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are propagated out there. Did the CTV play into the conservatives hands with this blunder?
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Yeah, I mean, you got to wonder what CTV was thinking when they came up with this cartoonishly
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evil plan to try and splice together a fake quote, to misrepresent what Pierre Polyver was saying. You
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know, I used to work in for the government back in the day for the Harper government. And whenever one of
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our ministers was doing a press conference or a press event, you would always see a political party
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staffer or a ministerial staffer recording the press conference on their own phone. And media used to
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say, well, why would you do that? And our answer was honestly, because we don't trust you to accurately
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report what we said at this press conference. And they would say, oh, we would never take someone's
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words out of context. And we would never splice a quote to give it an unfair meaning. Well, when
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arguably the second largest, maybe even the largest, I don't know, the viewing figures,
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they're also terrible now for legacy media, it's hard to tell. But one of Canada's largest news
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broadcasters can't be trusted to put together a simple story without inventing a whole fictionalized
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narrative that Pierre Polyev was trying to hold an election over the national dental care strategy.
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You know, it brings out the question of real trouble. And as Isaac's pointed out, I've really
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enjoyed some of the fallout, you know, because now I'm seeing former liberal staffers say, oh, this poor
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working single mother has lost her job because of Pierre Polyev's attack against the media. It's like,
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you know, pretty certain that the person who faked the clip lost her own job when she decided not to do
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news anymore, but fiction. And I don't think she's got anyone to blame but herself. Certainly,
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I know conservative supporters have argued for a long time that the legacy media are not fair,
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that they're biased, that they don't like the conservatives, that none of them come even close
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to voting conservative in election. And I think you're now seeing, again, an example of that bias
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on full display. And when they get knocked off their high horse, yes, conservative sorry supporters
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do tend to enjoy that experience. Well, I just wanted to add because you would expect this sort
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of behavior from CBC, which is a publicly government funded outlet that receives all of its money due to
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the graces of the liberal government. But as you were correct to mention, William, CTV News is I'm
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pretty sure the biggest privately owned media company in Canada. They're owned by Bell Media. And
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to see this like blatant anti-conservative bias, it's funny, actually, yesterday, they did a segment
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here in British Columbia, where the BC conservatives are surging, they're actually tied with the BC NDP,
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they did a segment about John Rustad talking about how climate advocates have been pushing people to,
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you know, adopt eating insect proteins, alternative proteins instead of meat to save the climate. And
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they tried to mock him. But then I found a clip from a year before where they went to a bug bake-off
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talking about how great it is to eat bugs. So the bias is so obvious. And I think more Canadians are
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waking up to this evident fact that there is an anti-conservative leaning in the legacy media.
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Yeah, I mean, Isaac, your background has a bit of, well, maybe not full legacy media,
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but certainly we would say non-independent media. What was your experience like when you
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had to cover stories? Did you ever find there was either an explicit or maybe implicit direction,
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if it's a conservative, you know, try and hurt them, mock them, make fun of them, spin them,
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maybe don't give a full story? I'm just guessing, you know, you can tell me that never happened,
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and I would accept it. But yeah, no, obviously, for those who don't know, I worked for various
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French legacy media, but my editors were pretty respectful, I guess, in the sense that they knew
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I was a conservative. So they really didn't make me do any media bias in the political sense. Although
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I did have to cover a few conferences on like, yeah, climate craze, let's call it, where they would
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be, I'd go as far as saying indoctrinating kids regarding eco stuff. And the main thing I, the
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main problem I had with those conferences, they would raise all these concerns and raise all these
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problems, but they would offer no solution. So it's like, well, you're saying all of these things,
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you're saying this is the worst thing that's ever going to happen to you. These kids are scared for
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their lives. But it's like, well, what's the solution? You haven't offered any. So that was the
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main thing with me working in legacy media. Last thing I wanted to mention, which I almost forgot,
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was I saw a statement issued by Anna Polyefre, Pierre's wife, obviously. And she said, quote,
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my husband is a fighter, and I couldn't be more proud. Canada needs a leader with unwavering
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principle and conviction, someone who stands firm for what's right. Even when the media critics and
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so-called experts try to tear him down. He's strong, smart, and exactly who this country needs.
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The fight for a better Canada continues. And then in parentheses, yes, the media bias is real,
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but conservatives will keep fighting for the people. So that kind of speaks to what you're
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saying, William, feeding into this media bias story. You know, I'm sure the statement of support
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from Sophie Trudeau for her husband will be coming out any moment now.
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So, of course, this was all beginning with the comments related to the non-confidence motion
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that happened earlier this week, following the famous tearing up of the supply and confidence
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agreement by Jagmeet Singh. There was a motion of non-confidence put forward in the House of
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Commons by the conservatives. And as we know now, that motion wasn't successful. But I think it
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kicks off the season of no confidence votes in Ottawa. And we have a bit of a clip showing
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the end of that confidence vote and some of the subsequent analysis, quote unquote. Now,
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I should say this is a CTV news clip. We believe that this is accurately what happened. But as we maybe
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have learned over the past week, take it with a grain of salt in case CTV had also done some
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This was the first, but not the last test of the liberal minority this fall. The conservative-led
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push to bring down the government was defeated, despite pressure from Pierre Paliyev to send
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Canadians to the polls. He wants a climate change election. Let's have that election in the right
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time. Will he call it today? The Bloc and NDP voted with the government, stating they still have
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confidence in Justin Trudeau. But before the vote was even called, Bloc leader E. Francois Blachette
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issued an ultimatum, giving the government until the end of October to help enact a pair of Bloc bills
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about pensions and supply management, or risk an election before the new year.
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Wasting no time, the Conservatives are set to serve up another non-confidence motion on Thursday,
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a move the Liberals called lame parliamentary games.
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But I think it shows the desperation of Mr. Paliyev.
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Well, yes, along with millions of Canadians desperate to have an election. Also, was it my
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imagination or in that vote, did Jagmeet Singh bring a baby into the House of Commons? I'm not
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sure what that was in aid of. Maybe he just couldn't get affordable childcare, despite that
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being a major promise of his once coalition partner. So with all of that, do you think it's
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interesting, of course, that political parties like the Bloc and the Democrats, who have been
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routinely attacking the government, when asked to put their money where their mouth is, actually
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aren't following through and voting down this government to cause an election? Cosman, what
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For sure. I think the Liberals are in a precarious situation. They are backed in a corner, and
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the Bloc are salivating at the opportunity to get every last ounce of concessions from this
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government because they have the upper hand here. The NDP has backed away. And now the
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next cannibal party that feasts on the corpse of this Liberal government is going to take what
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it can. And it's just the situation we're in. It's going to be a volatile period in the
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House of Commons. You're going to see these pushes for non-confidence motions. But honestly,
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I have my doubts that either the Bloc or the NDP want an election right now. I know the Bloc
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had a good running in the recent by-election, but I'm not so sure that will translate in a
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And Isaac, you know, thinking about the other opposition parties, the ones who aren't the
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Conservatives, the Democrats, the Bloc, do you think there's any impetus for them to pull the
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plug on this government? Or do you think they're, you know, in the case of the NDP in particular,
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do you think they're afraid to face the electorate in an actual general election?
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Yeah, William, it's funny. I still remember the feeling I initially had when I heard that
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Jagmeet Singh was going to rip up his supply and confidence agreement, which unfortunately
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was short-lived. Because then I realized that that really doesn't mean anything, especially
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as we've seen Singh continue to prop up his government. But now it's almost as if we're
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in a worse position than we were prior to this development, let's call it, because now both
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the Bloc and the NDP have shown that they will prop up this Liberal government. And at
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least the Bloc are doing it for some gain. Obviously, Blanchet said he'd give the Liberals
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until October 29th to meet his demands, whereas Singh, I don't even know what they're getting
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out of this agreement right now. But both of these parties would have to turn against the
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Liberals, which, as Cosmin mentioned, I really don't think either of those parties would benefit
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from an election right now because they have to be essentially weighing the odds in the sense that
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are we going to benefit more from a Trudeau government or a Prolivre government? And I don't
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see Pierre going to either of those parties and saying, hey, let's do this together. I'll give you
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what you want. Otherwise, he probably already would have done that. And then that might be what it's
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going to take to bring down this Liberal government. Now, Cosmin, do you think that one of the factors
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might be happening is the fact that we have a provincial election happening in B.C. right now,
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very competitive one between the B.C. NDP and the B.C. Conservatives. We have an election, I think,
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scheduled next month in Saskatchewan, another place where the New Democrats are probably going to be,
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if not strong contenders, actual contenders, which they're not in a lot of other parts of this
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country. Do you think the calculus on the part of the NDP is they don't want an unpopular federal
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leader dragging down the support for their provincial cousins in these two provincial elections?
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No, for sure. And I'll just add Ontario Premier Doug Ford has also talked about an early election
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as well. So there's definitely the provincial elements at play a hundred percent. Let's remember
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that Jagmeet Singh was elected in a by-election in Burnaby. That's where his seat is in British
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Columbia. So there's no way that he wants to detract attention from the B.C. NDP's shot at forming
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government again. I think that is definitely at top of mind for Jagmeet Singh. But I also wanted to
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mention, off of what Isaac said, Canadians are hurting right now. They're suffering from financial
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woes, cost of living, inability to get housing. And I think what's happening in the House of Commons
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right now, with all these parties vying to get what they want out of this government with the Bloc and
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the NDP trying to get concessions, it comes across as very self-interested, cynical politics. And I
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think it leaves a really bad taste in Canadians' mouths. Yeah, here in my province of Alberta,
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the new Democrat, new New Democrat leader, former Calgary Mayor Nahed Nengshi, has gone so far as to
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say he doesn't want to be affiliated with the federal NDP anymore. I think he probably even wants to change
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the provincial party's name to something new. And part of that is simply, it's tough to run as a
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new Democrat here in Alberta. Fair enough. But also, I think he particularly doesn't like the
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association with Mr. Singh, who, of course, has been so anti-Alberta in many of his policy positions,
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opposes the oil sands, opposes the construction of pipelines, opposes Alberta's major industries. And so,
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you know, if his own cousins aren't willing to support him, I guess Mr. Singh probably thinks that
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Canadians from coast to coast won't either. Now, unfortunately, that wasn't the only thing that
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happened in Ottawa this week. And the next part is probably the genesis of my Is the House of Commons
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occasionally stupid theme that I put on. We had an argument over a bathtub, and whether or not
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there was a suggestion that the prime minister might be gay in that bathtub, you know, if you
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interpreted the remark in that way. Why don't we start by watching this clip, which was following
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Pierre Polyever, opposition leader Pierre Polyever, talking about the apartment the Government of
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Canada bought for New York Consul General Tom Clark, and just how luxurious it is with its quartz
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countertops, a $5,000 bathtub, and a bunch of other very special amenities. This is the
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prime minister's defense of that luxury apartment.
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Mr. Speaker, engaging with international leaders on fighting climate change, on solving global
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crises, on standing up unequivocally for Ukraine.
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The right honorable prime minister from the top, please.
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Mr. Speaker, don't worry. On this side of the house, we're used to casual homophobic comments from
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Now, in case you couldn't hear, that was what has now been identified to be conservative MP
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Garnet Jenuous, asking if the prime minister or the consul general was entertaining world leaders
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in the bathtub. And I actually think Garnet asked a perfectly legitimate question. There might be an
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argument to say we need a government-owned apartment in a city like New York, where a lot of world leaders,
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business leaders, and other people come on a frequent basis. And maybe we need it to be
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sufficiently large to accommodate a reception. But do we really need the $5,000 bathtub in order
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to maintain cordial relations with some of these foreign leaders? How many of them are we entertaining
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in the bath? And if we are, should we be worried about foreign interference on one level or another?
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So do you think that this was a homophobic joke? Or do you think this was an MP pointing out the lunacy
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of why we needed a $5,000 bathtub? Isaac, what do you think?
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Yeah, I definitely do not think it was a homophobic joke. And you mentioned, or Trudeau did,
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how people were interpreting it. No, I don't think anyone would have interpreted it that way before he
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brought up the homophobia. But we've seen this from Trudeau in response to completely unrelated
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things. He'll always tie it back to his main talking points, which are homophobia or LGBTQ
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rights, climate change. You've heard them all before. I don't see how this has anything to do
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with that, though. And Cosman, what do you think? House of Commons, valuable democratic institution
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or a place where stupid stuff gets yelled about? Well, we've got a drama teacher for a prime
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minister. He's engaging in theatrics every opportunity he can. And I think it's just
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deflection. Let's be serious. It's an attempt to get off of the issue about why did taxpayers spend so
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much money for this extravagant apartment and all of these extra features that, as you're right to
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mention, are not necessary for hosting guests. And just in case you thought that maybe upon
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reflection, the prime minister would back down from his ludicrous assertion that this was a
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drive-by homophobic attack when asked to clarify or reiterate his position leaving the House of
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Commons, this was the prime minister's response. I'm always going to stand up to bullies. When anyone
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makes a homophobic comment, I will respond. And that's something I need to do.
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Sounds like the guy could use a nice relaxing bath with one or more of his closest personal
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friends in order to de-stress. Yeah, I must admit, when I read the rundown of show stories,
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I was initially opposed to doing this one out of the opinion that it would add to global stupidity.
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And I'm sorry to say I still find this entire affair to be pretty dumb. But let's move into,
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I guess you could argue it's a related area. We're going to talk a little bit about ass there,
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Isaac. Do you want to give us the lowdown? Yeah, related in the sense that this is another
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odd comment, let's call it. So Ontario Premier Doug Ford let able-bodied homeless people who aren't
00:24:41.860
working know that he's sick and tired of them. So he was asked about the more than a hundred,
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sorry, a thousand people currently on wait lists for affordable housing at a completely unrelated
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news conference on Monday. And then he said the following, let's just roll the clip quickly.
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Do you know what the best way to get people be able to get out of the encampments,
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get out of homeless, get an application and drop it off one of these companies and start working.
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You need to start working. If you're healthy, bottom line, if you're unhealthy, I'll take care
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of you the rest of my life. Your life will take care of you. But if you're healthy, get off your
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ASS and start working like everyone else's very simple. And then I'll just cover a few other things
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that Ford mentioned at the press conference, which was firstly, he said that Ontario is the fastest
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growing jurisdiction in North America. He said they added 800,000 people last year, which was largest
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or sorry, larger than the biggest two States in the United States combined. He went on to say that
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136 companies came to invest in Ontario, creating over 12,500 jobs, which really doesn't seem like
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that many jobs when we're talking about 800,000 people coming there. So while I appreciate Ford
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treating able-bodied homeless people like adults saying, look, if you want to change your woes,
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you've got to start working. I don't know that it's that simple. Obviously when 800,000 people
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immigrate to your province and then use the next citation you make is adding 12,500 jobs, obviously
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there's going to be a discrepancy there. And we've seen the unemployment rates in Ontario,
00:26:20.540
which are quite high. Do you guys think it's as simple as Ford is trying to make it out to be?
00:26:27.020
Well, I'll just start. I found his comment to be a little bit of a non sequitur because he was asked
00:26:32.560
about an affordable housing waitlist. And we talked about this on daily brief, affordable housing
00:26:38.340
doesn't mean you're, you're homeless. There's cutoffs for a hundred thousand dollars a year
00:26:42.800
to get into affordable housing. There's a lot of ordinary middle-class people who rely on affordable
00:26:48.760
housing, sadly in Canada today, so that they can have a place to live because they can't afford to,
00:26:55.720
you know, the multi-thousand dollar rents in Vancouver, Toronto, or Montreal. But you're
00:27:02.380
right to say that immigration has a huge impact on this because the fact is, if you look at the
00:27:09.000
statistics, a lot of new immigrants, international students, temporary foreign workers are going into
00:27:15.820
those entry-level jobs that somebody who's coming off the street, coming out of, you know, living in
00:27:21.700
their car would rely on to get a step up and be able to afford a place to live. And it's, it's just
00:27:29.320
astounding that nobody really touches on that issue. Our politicians don't admit that we're importing more
00:27:35.560
people than we can, you know, uh, afford to, to take care of. And they're also going into homeless
00:27:42.660
shelters, the places where people who are on the street, uh, go to halfway houses, homeless shelters
00:27:50.080
to have that transition from being homeless to actually being a functioning member in society.
00:27:57.000
So if we're not going to deal with the causes of this problem, just saying, go get a job, it's,
00:28:02.720
it's not quite that simple, right? So when I heard the comment, it reminded me, I, I found Rob Ford,
00:28:10.080
uh, sorry, Doug Ford, God rest, uh, uh, Doug Ford, uh, Doug Ford to be channeling his inner Ronald Reagan,
00:28:15.560
uh, cause the president was famously asked about social program funding. And he said that the best
00:28:20.800
social program out there was a job. Um, do you think there's a belief that some people are simply
00:28:28.320
taking advantage of Canada's generosity as opposed to doing what the rest of us do, which is to get
00:28:34.000
up each morning, go to work, work at a job, earn a living and use that to pay for our bills and our
00:28:40.680
living expenses. Do you think there are some people who said, nah, I'd rather not work and
00:28:45.640
take advantage of Canada's generous social programs and SCED. Do you think it's a problem?
00:28:51.120
Yeah, I do. And some people, uh, for many streams, not just the immigrant side of things,
00:28:56.340
but also Canadian employers we've seen have exploited in some instances, the temporary foreign
00:29:02.180
worker program, for example, where they're only supposed to be hiring temporary foreign workers when
00:29:06.580
they have an essential need for them. But of course they're going with them instead of Canadians
1.00
00:29:10.440
because they can pay them less or other instances. So, yeah, I mean, there's very, there's many
00:29:15.700
different streams of exploitation, let's call it, but we've seen the videos in Toronto for these
00:29:21.380
entry-level jobs. I mean, the lineups for them are hours long. So, so as you mentioned, Cosmin,
00:29:26.760
for, for someone who's homeless and, and would rely on a job as such to, to get back on their feet,
00:29:33.360
if you will, they, it's not as simple as just going to McDonald's and getting a job when
00:29:38.300
these places are pretty much impossible to get a job at.
00:29:43.520
And I'll just say this as somebody was born in a different country, Canada, barring Scandinavian
0.93
00:29:49.700
countries is one of the hardest countries to become homeless in. Let's be real. There are so
00:29:55.660
many opportunities, so many safety nets for people to rely on where they don't have to be in that
00:30:01.420
situation. Now I'm not going to discount the serious things such as like addiction, mental health
00:30:07.760
issues, you know, trauma, being a victim of abuse, having to flee an abusive household. Those are
00:30:13.400
very real, but there are definitely people who choose to be out on the streets here in Vancouver
00:30:20.540
in, you know, downtown East side, there's a lot of people who decide to be there because it's a
00:30:26.520
lifestyle for them. Almost. They, they, they don't want to get a job. They do get either, you know,
00:30:32.800
employment insurance. They have other means to get social grants and money, and they, they'd rather
00:30:39.820
be out here than actually live their life. And, and that asks, begs the question, what has happened
00:30:46.140
where people are choosing that over a meaningful life where they can be productive members of society?
00:30:52.620
I think there's some fundamental questions we need to ask about why people are choosing that path.
00:30:58.120
And if you, with the drug crisis, a lot of these people are actually young men, men between the
00:31:04.620
ages of 20 to 40 who have just found no purpose in society any longer. Uh, I'm just reading a quick
00:31:12.320
note from the producer saying that I should have given a warning that I was going to use the word
00:31:16.760
ask. This is now a PG 13 segment. And that segment should not have been watched by young children
00:31:23.640
without preventable supervision. True North apologizes for anyone scandalized by the use of
00:31:29.360
that word. Um, just heading into just a related story there, Cosman about, uh, affordable housing
00:31:34.860
and homelessness. Um, we see, uh, uh, quote unquote, innovative housing strategy coming out of British
00:31:42.420
Columbia. Some, some actually aren't convinced it's innovative at all. What is happening on the
00:31:47.620
affordable housing front in British Columbia's election? Right. So in the last week, premier
00:31:53.540
David Eby has made two significant housing announcements, but what they essentially entail
00:32:00.260
is they are leasehold schemes. So we have a situation where the government is partnering with
00:32:08.740
first nations and certain private investors to build these homes that will still be owned by the land
00:32:17.480
at least will be owned by the first nation, but people will be able to, uh, essentially sign up for
00:32:23.240
a 99 year lease, 40% of which is, uh, funded by taxpayers. So the government will be using taxpayer money
00:32:32.660
to spend on 40% of the value of these properties. Whereas 60%, uh, the buyer will be able to put a down
00:32:40.460
payment on, but like I said, this is a leasehold. So if you know anything about real estate, a leasehold
00:32:46.340
means that you might have, you know, some stake on the building, but the, you don't have the land
00:32:51.280
title. So you don't actually own the piece of land that the property on is on. And that raises
00:32:56.280
a lot of, uh, consequences. First of all, the property doesn't appreciate. So when you go to
00:33:02.820
resell it, you're not going to make any sort of profit on it. And then secondly, there, the person who
00:33:09.160
owns the land could kick you off theoretically if they really wanted to. So it's very troubling.
00:33:15.100
And I spoke to a realtor from Vancouver who was, who put this in plain terms that this is glorified
00:33:21.520
rentals. The government is becoming a land Lord. So you're going to have people who need housing and
00:33:28.820
premier David Eby is calling this a housing owner, home ownership dream. As if this is what people
00:33:35.400
want. They want to lease a property for 99 years from the government. That's not it. They want something
00:33:41.040
they can have for their entire life and then pass it on to their next generations. So William, what's
00:33:47.460
it like, is this the solution to the housing crisis? Yeah, I was going to say, it sounds almost like a
00:33:53.620
timeshare plan where you buy in for a set amount of time and then it reverts to the property owner. And
00:33:59.680
certainly the idea that your house isn't going to gain any value. And in fact, we'll lose value over the course of you
00:34:05.700
owning it is not attractive for a lot of people who see their property as a place to build some equity,
00:34:11.420
to build up some revenue or some wealth that they can use in order to fund their retirement or
00:34:17.500
something else. So Isaac, what do you think? The dream of home ownership or government scheme that you
00:34:24.540
try and get sold upon visiting a hotel in Mexico and say, oh, you could live here full time for
00:34:31.120
only $9.99. Yeah, so many different things I want to mention about this. First, we'll start off with
00:34:38.640
the quote from EB, home ownership dream. I mean, that in itself is a lie. You don't own the land. How is
00:34:44.720
it a home ownership dream? And you mentioned one of the two most important things that I think of
00:34:52.540
owning property are, firstly, as you said, building equity, but next, owning the land. You literally own
00:34:58.720
land that those are the two most important things of owning a property, in my opinion. And obviously,
00:35:03.000
one of these things just is not true with these. Something that you didn't mention, Cosmin, which I
00:35:08.500
think needs to be said was the price of these properties are $850,000 to $1.5 million. So
00:35:17.400
we were talking about affordable housing. This is far from affordable. Who can afford this? Of course,
00:35:24.540
you take 40% off of that. It's still a ridiculous price.
00:35:28.660
Well, yeah, I want to jump in on that, Isaac, if I may, because I was astounded by how the housing
00:35:34.840
minister arrived at these property valuations. If you actually look at where this property is,
00:35:40.860
it's in the dead center of Vancouver in a neighborhood called Canby. And it's not a special
00:35:47.600
area. It's literally in the middle of a metropolitan area. But for, and this is the three bedrooms are
00:35:53.720
valued at $1.5 million. This is the market valuation that the government arrived at for these properties
00:35:58.800
in this area. But you can get a leasehold property with a ocean view on False Creek for $1.5 million
00:36:09.800
with a beautiful view of the harbor for the exact same amount of money. You can find a leasehold for
00:36:16.900
three bedrooms in Kitsilano for $999,000. So it doesn't make sense. And the reason they put this
00:36:27.420
valuation so high is because they wrote into this deal a profit for the private developers and the
00:36:34.740
First Nations developers. That's the reason they get the payout. You know, the question that goes
1.00
00:36:40.620
through my head is how much is the bathtub worth? If it's not worth $5,000, then I'm not dropping $1.5 million
00:36:46.060
on a home. I think that's completely outrageous. So, well, I think that brings us to the end of our
00:36:52.820
news segment there. You know, I'm always amazed at the value for our tax dollars we get whenever we
00:36:59.920
take a good look at what our governments are up to across the country. So I hope that we haven't
00:37:05.060
depressed our viewers too much by telling them just how much their tax dollars were wasted.
00:37:10.220
And of course, a general reminder that everything you've heard today is off the record.
00:37:16.060
Well, now I'm worried that we're actually going to have a segment of our viewers who own very
00:37:29.540
expensive bathtubs and I'm going to be accused of being pejorative or bigoted against the wealthy
00:37:36.000
bathtub community. That is not what I'm saying. I'm saying if you own an expensive bathtub that you pay
00:37:41.160
for yourself, that's perfectly fine. It's the publicly funded bathtubs are the ones that I object
00:37:47.020
to. So just to clarify for anybody with a very expensive bathtub, it's not you. It's when it's