Juno News - How does Carney really feel about the carbon tax？

00:00:00.000 yeah i don't know if you guys have checked outside where you live but uh it's minus everything out

00:00:04.240 here i just took the dog for a walk and you know when the dog turns around and wants to go home

00:00:09.760 but it's too cold um it's below minus 20 here overnight in lethbridge uh and what really was

00:00:16.320 cheesing me off is that we're still paying the carbon tax on home heating and yeah yeah chris

00:00:24.000 i got my uh energy bill yesterday and uh i was shocked to seeing that it doubled uh basically

00:00:32.720 from the month prior yeah it was like minus 30 here the last few days but it is starting to warm

00:00:36.880 up obviously in edmonton it's like minus 15 right now so it's not that bad but uh heating uh my house

00:00:41.760 is uh obviously no easy task and uh the natural gas i mean and i i looked at the the receipt and like

00:00:48.080 a quarter of the bill or something is uh carbon tax so that's nice just disgusting usually the

00:00:53.280 carbon tax actually costs you more than the natural gas uh cosmon do you have the courage

00:00:58.560 to open your home heating bill um i'm kind of a chicken i just don't open them i just throw money

00:01:02.880 on it well i feel like whenever we talk about the weather i can't flex because uh i'm in victoria bc

00:01:10.480 we had about minus one actually the first snowfall of the year and the city nearly shut down uh but

00:01:18.240 luckily the school stayed open but it came very close it's almost an apocalypse over here

00:01:24.720 i saw you're right chris sorry i just checked the breakdown the the federal carbon tax is more than

00:01:29.680 the energy itself so again real slow the carbon tax isaac's paying on his home heating is more than the

00:01:38.000 natural gas he was using and yes cosmon i was checking whether in your neck of the woods apparently

00:01:43.280 they shut down the malahat highway because there was like this much snow god love bc all right

00:01:49.040 let's get this thing going welcome to off the record here on true north my name is chris sims

00:01:58.480 i'm the alberta director for the canadian taxpayers federation thank you so much to true north for

00:02:03.200 graciously letting me host i'm here with my good friends isaac and cosmon we've got a lot to go

00:02:08.480 through here uh and i wanted to kick things off with the outstanding job you guys are doing on

00:02:15.040 mark carney mark carney is of course the former central banker former governor of bank of canada

00:02:20.240 former governor of bank of england and he is now the perceived front runner to replace prime minister

00:02:25.840 justin trudeau as the liberal party leader and yes that means if he wins he will be prime minister

00:02:32.080 of canada it doesn't matter that he doesn't have a seat in the house of commons at least for a brief

00:02:36.640 period of time who wanted to kick this thing off did we want to start with the carbon tax i know

00:02:42.160 cosmon you read carney's book uh what were your findings in there yeah sure so we had the idea that

00:02:52.240 you know carney published this 600 page tome in in the year 2021 and we wanted to use this as a launch

00:03:01.600 point to investigate carney's background beliefs and plans for canada and the world at large and in

00:03:09.360 this book it's quite interesting although i wouldn't recommend you read it but you can read our articles

00:03:16.720 where we summarized basically everything he said and we're going to break it down by topic and the

00:03:21.520 first article in the series we really we released as you mentioned is on the carbon tax but he lays out

00:03:27.520 specifically in quite plain language and detail what he thinks about the carbon tax and there he says

00:03:34.720 that the canadian federal carbon tax the pricing scheme that the liberals introduced with the uh i

00:03:41.120 think it was called the canada carbon pricing act uh was the best model for the rest of the world to

00:03:48.320 follow and he's also talked about holding politicians accountable who abandon certain climate policies

00:03:57.680 and if you recall if you've been watching the news if you've been following mark carney's campaign

00:04:03.200 he's now walked back and done the exact same thing he said politicians shouldn't do now that he's vying

00:04:11.200 for a political office and not a public servant office uh he did the exact same thing he's walked back

00:04:18.480 on the consumer pricing uh portion of the carbon tax now the question is is he serious about that

00:04:26.400 because he's talked about introducing some sort of incentive initiatives for carbon uh reduction and

00:04:34.480 he's also talked about implementing a tariff believe it or not a carbon tariff on countries importing

00:04:41.920 goods to canada charging them for their uh i guess their carbon consumption of their goods could you get

00:04:49.920 into that just a bit more before i jump to you isaac for one sec uh cosmon what did he mean by like

00:04:56.560 holding politicians accountable if they dare sin against the dogma of pro-carbon taxary like what's

00:05:03.920 the punishment here what did he get into that right so what he says and i'll quote him specifically he says

00:05:12.560 climate policies need broad political support to be credible and he actually points to the fact

00:05:20.080 i guess when when he was writing this in 2021 i'm not sure that this was actually a fact but he viewed

00:05:25.760 it this way he says that a majority of canadians support the carbon tax and he's talking about the

00:05:31.600 canadian model specifically and then he goes on to say backtracking on ambitious climate agendas is more

00:05:38.960 difficult if politicians share the same goals and expect to be held accountable and specifically

00:05:47.280 what that means how to hold politicians accountable he doesn't get into detail but when you look at his

00:05:54.400 whole argument he provides a essentially an across the board climate agenda for carbon reduction he talks

00:06:02.560 about you know introducing climate uh carbon reduction policies for financial institutions where they

00:06:08.800 don't invest in carbon intensive projects he talks about uh encouraging corporations to adopt carbon

00:06:16.800 pricing models governments etc so he he wants a whole societal approach to carbon pricing not just a

00:06:24.720 governmental one but like i mentioned he does really laud the canadian model as the ideal one that all

00:06:32.160 countries should support the current canadian model where we can see largely the

00:06:38.560 carbon tax that we're paying like isaac was just talking about there on his home heating bill uh

00:06:43.200 isaac was it you that was getting in a little bit more into this whole idea of a carbon tariff

00:06:49.040 um were you doing a bit of a dive into that or so i saw a headline about this and it was one of those

00:06:55.440 things i could barely wrap my head around it because i can't really think of two words that are more

00:06:59.920 unpopular right now than carbon and tariff but he's sticking them together like the worst peanut butter and jam

00:07:06.000 sandwich ever um what did what was your take on this when you saw carney wheel out his carbon tax idea

00:07:14.800 in halifax walking back what looks like decades of thinking on this yeah uh well it wasn't me who

00:07:21.600 reported on that but uh you got that right chris about there perhaps being no two less popular words

00:07:28.240 in canada than carbon and tariff and we know this from from polling i mean canadians are vehemently against

00:07:33.840 the carbon tax and you would assume against tariffs given the recent uh situation we just

00:07:41.120 went through with the united states of course we only recently received a one month reprieve but

00:07:46.320 the tariff threat is far from over we've seen premieres from across the nation be against the

00:07:50.880 tariffs canadians against the tariffs we'll talk about that later in the show about the poll showing

00:07:54.800 that the tariff war has actually united canadians because they they hate it so much but what i did

00:08:00.000 want to get into chris was a few things i've written on carney because you said uh earlier that

00:08:06.800 he's the front runner for the of course liberal party election but uh he might be taking that a bit

00:08:12.560 too to heart because he of course has been criticized by a fellow leader in the leadership election for

00:08:19.760 the liberals uh ruby dolla who is saying carney you're you're not the prime minister yet i don't

00:08:24.400 know why you're behaving as if you already are you know we have to go through the due process here

00:08:29.120 of the liberal party leadership election uh why are you talking as if you're already the prime

00:08:33.840 minister and remember that election doesn't conclude until march 9th so she called him out on

00:08:40.240 on various occasions for example he said he was in um constant communication with various canadian

00:08:46.320 ministers and then dolla said uh in what official capacity he was communicating with them with and she

00:08:52.720 said quote does carney have a cabinet position we do not know about how is a private citizen

00:08:58.080 communicating with cabinet ministers and what are they telling him what information are they

00:09:02.240 revealing to a private citizen that should shouldn't be happening and then uh adding to

00:09:07.520 that various canadians started uh calling carney out on x as well because we'll remember he was on

00:09:13.280 the um john stewart show speaking on the country's behalf again as if he were already the prime minister

00:09:19.040 this is of course the same interview where he referred to himself as a political outsider

00:09:23.280 i know and then uh uh swapping to another story i wrote about carney um albert environment minister

00:09:30.640 rebecca schultz actually called on the four remaining canadian banks in a net zero alliance that 0.92

00:09:36.240 carney created back at uh was it cop 26 one of the cops where he was uh leading it anyways since then so

00:09:43.760 there were four banks remaining when schultz uh asked that they leave essentially which was two weeks ago

00:09:49.760 since then i think her call has garnered some value considering rbc and scotia bank have since left

00:09:57.520 leaving only coast capital and van city which of course are two smaller banks compared to rbc and

00:10:02.080 scotia bank the two huge banks that left this net zero scheme so yeah i mean yeah uh what do you what

00:10:10.720 do you think about that chris the the do you think schultz had any influence on those banks leaving i'm

00:10:15.120 curious oh hopefully uh i must say that premier daniel smith has largely been the only adult in the

00:10:23.760 room when it comes to trying to talk us president donald trump down from these tariffs trying to show

00:10:30.080 instead of tell actually showing the law enforcement that was lining up at the border showing the black

00:10:35.360 hawk helicopters the drones all the work that was being put in there explaining that we should have

00:10:41.040 uh a north south energy corridor if you want to have sort of a fortress america thing like she was

00:10:46.400 really pressuring them diplomatically and i think that showed because on the eve of the tariff imposition

00:10:53.200 we were going to get nailed with 10 instead of 25 here in alberta especially for our energy in particular

00:10:59.680 so i think that shows and i think it's really important for other ministers in her cabinet including

00:11:05.440 minister schultz to show leadership on this stuff like we cannot sit back and hope that someone else

00:11:12.560 points out the fact that it's a joke that we do not have an east west pipeline in canada

00:11:20.000 in our own country it was one of those moments i don't know if you guys have experienced this recently

00:11:24.640 you know what it's like when you've got family coming in and visiting from out of town and you're

00:11:28.320 showing them around your own town or city and you kind of notice stuff through fresh eyes because

00:11:33.520 you're visiting it was kind of that experience recently watching a lot of this canadian stuff be

00:11:39.280 covered by american networks and hearing it stated out loud that we do not have an east to west pipeline

00:11:48.000 for our own energy was asinine and so hearing that again was really important very eye-opening and so

00:11:57.040 any time that we can push put pressure on these sorts of power brokers on things like having good

00:12:04.560 access to canadian energy is super smart the elements i wanted to pick on here with carney's announcement

00:12:12.160 is two things one the carbon tax is still here i'm a little bit worried that i'm hearing the narrative

00:12:19.760 coming from mainstream media but also i'm sensing a slight slipping of focus with the conservative party

00:12:27.280 that the carbon tax issue is put to bed it's over now it's not number one isaac you just opened your

00:12:34.960 bill it's still there we all have to still pay it period two it's going to increase on april 1st

00:12:43.600 nothing has changed so that's a huge important point here it is still here it is not gone the second

00:12:50.640 element element is exactly what these liberal leadership candidates are saying and in particular

00:12:57.360 carney he didn't say he was going to completely get rid of the carbon tax and nuke it from orbit like

00:13:05.440 what needs to happen no he's going to make big polluters pay well what does that mean in normal people

00:13:12.880 talk that means a power plant running on natural gas you think they're going to eat that cost and

00:13:20.560 not pass it on to you like think again what about a refinery that's making our gasoline and diesel for

00:13:26.960 our pumps we think they're just going to eat the cost of a government imposed carbon tech no like give

00:13:33.040 your heads a shake so this is just going to hide the carbon tax you're going to still pay it and just to

00:13:40.480 add a cherry on top to this which is so insane i can't believe i need to explain this again not to

00:13:45.760 you guys but like to people at large it was so crazy to hear this come back up carney is going to get

00:13:52.640 rid of the rebates so as anemic and scattered and unreliable as they are for a lot of people as of right 0.96

00:14:00.480 now some people get some money back sometimes it's a totally screwed up system i know i get it but at least

00:14:08.960 it's money that you can choose what to do with it you can put it towards your next heat bill isaac or

00:14:15.200 you can pay try to pay down some credit card bills or people can buy i don't know birthday candles for

00:14:20.720 their kids you name it it's money but no no that's not good enough for central planners like carney

00:14:26.720 they get really itchy with that kind of freedom cashiness so he's going to take away that rebate

00:14:32.960 and give you back these green points remember back when aaron o'toole tried this stupid idea when he

00:14:38.800 was conservative leader and you're going to get a solar blender so somebody who is strapped for cash

00:14:45.120 who's fighting to afford groceries is not on the market for a new furnace an e-scooter is not going

00:14:53.280 to solve their problems what will solve their problems or at least help solve their problems is

00:14:58.160 canceling the carbon tax altogether getting rid of it as a cost so carney trotted out his carbon

00:15:03.040 tax idea and it's the worst one i've seen yet that was that was my take coming from carney yeah chris if

00:15:08.560 i may jump off of that yeah it seems to me that this is an attempt to disarm the conservative

00:15:15.440 opposition he's thinking into the future uh probably thinking that he's going to win this liberal

00:15:21.920 leadership race and have to square off against pure poly ev and he wants to disarm that carbon 0.96

00:15:26.960 tax election plan that they had going but where i would differ is that i don't really think it has

00:15:33.280 worked because it raises more questions than answers and you've pointed out a lot of those questions he

00:15:39.280 talks about a climate incentive program to replace this consumer carbon tax the carbon rebates but who is

00:15:47.200 going to fund that who will fund this initiative and the incentive and with regard to continuing to

00:15:53.760 apply a carbon tax on major polluters as he calls them and major industries specifically the oil and

00:16:00.880 gas industry it just obviously how he's an economist right he should know that industries facing that

00:16:09.680 sort of cost will pass it down to consumers it's going to end up we're going to be paying it at the pump

00:16:15.840 we're going to be paying it with any good that's transported via truck so he's not answering any of

00:16:22.800 these questions and i posed these questions directly to his campaign and there was no answer at all and

00:16:30.320 the problem is the legacy media refuses to look into his past to look into all of the policies which

00:16:38.000 he's promoted during his time as the governor of bank of england you know his time at the united

00:16:42.880 nations his time at the he did a g30 thing with janet yellen the former uh secretary of the treasury in

00:16:49.520 the united states they were all pushing carbon taxes in the business world as well as uh with

00:16:55.280 governments and nobody's asking him whether he still believes these things or not they just take

00:17:01.680 what he says now at face value and reports it as fact but in reality hidden in these announcements and

00:17:08.560 there's no clear plan but what he's really talking about here is a national policy and he's not provided any

00:17:14.960 details or any uh sense of relief to canadians who are worried about continuing rising costs of living

00:17:23.520 and all of the things that come with the carbon tax like isaac's heating bill and the high price at

00:17:29.120 the pumps here in british columbia and victoria it's like a dollar 89 at the pump for regular fuel

00:17:36.080 it's it wasn't like that before that's disgusting i'm sorry um i mean it's not great here but man it's a

00:17:43.440 lot better i think we're at 151 right down in in lethbridge i'm sorry i'm truly sorry because that

00:17:49.920 makes it unaffordable for people to fill up their trucks to go to work like dropping their kids off

00:17:55.200 that is rough man um you mentioned the details that he kind of rolled out what i noticed is that he kind

00:18:04.000 of slipped and said the loud part out with quiet part out loud when he was in halifax because one of

00:18:10.240 the last things he said and i'm paraphrasing a bit but not much he said the problem with the current

00:18:16.560 carbon tax the one that's kicking you in the teeth right now isaac on your home heating bill the problem

00:18:21.120 with the carbon tax is perception he said it's a perception problem for the carbon tax and he said

00:18:29.120 that the current carbon tax had basically been a victim of quote misinformation and lies

00:18:36.640 he used that word um that gets my dander up pretty fast because it's not lies we know what we're

00:18:46.320 paying in the carbon tax people aren't stupid they can read their bill and they know that they can do

00:18:51.360 the math in fact right now the government of canada lists the cost per liter of fuels gasoline

00:19:00.320 uh square meter of uh or rather cubic meter of natural gas diesel per liter and as long as you

00:19:08.400 know your tank capacity it's pretty simple math so that's why it costs you about 20 bucks right now

00:19:14.480 extra to fill up a pickup truck it's why it costs a trucker about 200 extra to fill up with diesel um

00:19:21.040 isaac i'll just finish off with you on the carbon tax issue um do you think that carny calling the carbon

00:19:28.080 tax a perception problem and that the the bad rep that it has right now is due to misinformation and

00:19:34.320 lies do you think that'll be accepted by the majority of canadians who are like yeah he's he's right this

00:19:39.760 is all but this is on me it's my fault i really don't think so we saw a similar story a few months ago

00:19:47.520 with uh steven guibo remember he when he said oh people just don't like they're they're not they're not

00:19:53.600 they're not the rebates aren't clear enough to canadians we need to make it more obvious this is when he

00:19:57.920 forced banks to label it uh more appropriately so oh people just don't know how great these

00:20:02.720 rebates are trust me they're they're misinformed but i mean to call it misinformation like what are

00:20:07.520 you saying and max is misinforming me that i'm not really paying what i'm paying in in the federal

00:20:11.360 carbon tax and as you said chris this doesn't even begin to uh calculate the compounding effect of

00:20:19.200 simple trickle-down economics that i would honestly expect a child to understand obviously if a trucker is

00:20:25.360 paying more for the product they're delivering to you the pat the cost will be passed on to you they

00:20:29.600 can't just absorb this cost this is not how economics work this is not how the bottom line

00:20:33.760 can be calculated i mean it's ridiculous and and just one other thing i wanted to add chris because

00:20:37.600 you mentioned this earlier but um when i was writing my article on how all of the premiers were

00:20:42.240 reacting to the tariffs uh i just wanted to say that i watched about a 30 minute or so uh press conference

00:20:48.000 from the quebec's premier francois legault and he said that he's not in favor of energy east so just

00:20:54.640 wanted to get that on the record because we're wondering why we don't have a pipeline across

00:20:58.880 canada i mean there are various players uh in this uh equation yep and uh that whole i had to say

00:21:07.520 man during that frenzy that was happening when we all you know the terrorists were coming and everybody

00:21:11.920 who had their hair on fire was running around and all of a sudden team canada was a thing again

00:21:16.240 mm-hmm um dirty alberta oil sands sure changed to canadian energy real quick didn't it

00:21:24.800 yeah no i even wrote an article today about bc all of a sudden they're pro energy though they want to

00:21:28.480 fast track all these energy products so they can become less reliant on the united states as if

00:21:32.800 their whole government's platform over the last decade hasn't been a war against energy amazing it's

00:21:38.480 as if they think we haven't been paying attention i will point out uh exactly to your point with you

00:21:43.680 know background in economics and that uh coming from carney um he knows he just probably doesn't

00:21:50.560 care anymore because he's been insulated from worried about opening your energy bill or worried

00:21:56.640 about being able to make rent for an awful long time like one of his most recent gigs as the governor

00:22:01.440 of bank of england paid him more than 800 000 canadian per year plus a 450 000 housing allowance

00:22:12.960 like hearing the cries of the average working person through those ermine earmuffs has got to be pretty

00:22:18.480 tough after a while um do we want to shift gears slightly it's still technically on carney but on

00:22:23.920 capital gains tax sure we wanted to take that one away did you want me to take the lead on them what

00:22:29.440 cars mccosman what do you want to do sure just like he's flip-flopped on his views about the carbon tax now

00:22:38.080 he's suddenly against the capital gains tax and it's interesting because if you know a little bit

00:22:44.000 about carney and his relationship with the trudeau government he was actually advising prime minister

00:22:48.880 justin trudeau for a little bit and speculation was that he was poised to become the next finance

00:22:55.600 minister and that's what caused the whole uh perfuffle with christia freeland who decided to resign 1.00

00:23:02.640 and the reason she resigned was essentially because of she disagreed with certain policies but that's

00:23:09.360 up for debate but now carney is saying he wants to repeal the car uh the capital gains tax uh but in

00:23:18.560 reality that was being collected by the cra now they've said they've paused it but it's not it's not

00:23:24.320 really clear where that is right now i mean maybe chris knows a little bit better than i do what the

00:23:29.440 status of that is or whether people are paying it currently so as of right now as far as i know

00:23:36.560 at tape time they have paused the collection of the increase so the capital gains tax still exists

00:23:43.040 i wish it were gone completely wouldn't it be awesome if a federal political party actually

00:23:48.400 campaigned on eliminating the capital gains tax that would be super awesome but what we're talking

00:23:54.000 about is the increase so the increase hadn't even gone through parliament and crazily the cra canada

00:24:02.640 revenue agency was acting as if it had they were already collecting the tax rate on people as if it

00:24:10.480 had gone through parliament and the king had stamped it the whole bit knew none of that had happened it

00:24:15.840 was so crazy that the canadian taxpayers federation like we took it to court and i think we're still

00:24:21.520 fighting it in court because you want to talk about taxation of the representation that was wild and

00:24:27.440 that isn't just like a really cool principle or like a an inspiring slogan that's in our constitution

00:24:34.160 of no taxation without representation so as far as i understand the cra has hit pause on that

00:24:41.920 their their insane collection of the tax increase and now the liberals as of right now the liberal

00:24:48.160 government is saying they're delaying the increase so it's a win in one sense and that people aren't

00:24:55.440 paying the increase but what's crazy here and isaac you and i were talking about this before we hit record

00:25:02.080 it just gives the government gives businesses more runway of like we're still going to hit you with

00:25:07.600 this crazy tax increase but now you have longer to flee the country get all your assets sold off and

00:25:13.760 take them somewhere else it's crazy they should just eliminate it all together yeah chris i think

00:25:20.480 you're being a bit humble because obviously i've done a lot of reporting on this and the ctf took

00:25:26.240 the cra to court and then a few days later maybe a week later oh all of a sudden the capital gains is

00:25:31.840 being delayed a year so uh interesting timeline there but i mean it was we've done extensive reporting

00:25:38.880 on the capital gains tax hike at true north uh this is a terrible thing for canadians we we've

00:25:43.760 seen groups warn that it will decimate the tech sector healthcare leaders have said that doctors

00:25:49.520 will leave canada to go to the united states that i mean as if we're not already in a shortage of of

00:25:54.960 family doctors like this is just going to make all of the outstanding issues in canada uh exacerbate

00:26:01.040 them essentially and make them worse so yeah but and as you said chris i mean they delayed it a year

00:26:07.120 now so that's kind of weird uh because all of the liberal party candidates are against it all of

00:26:12.160 the parties seem to be against it so why don't we just abolish it all together i'm not really

00:26:16.480 understanding that and on the bright side i guess they're it's pushed now until after the next federal

00:26:22.320 election will have taken place so at that point pierre polyefro has said he too will eliminate the tax

00:26:27.840 hikes so if he does form office it will be taken care of and if the liberals win i mean who knows what

00:26:33.920 will happen and quickly for folks who think that oh this only affects rich people no no

00:26:39.440 does not just affect rich people it affects so many people uh the cd howe institute uh estimated

00:26:45.760 that this would blow a 90 billion dollar hole in our gdp in our economy like we just can't afford to do

00:26:53.440 that like we have un money right now we are 1.2 trillion dollars in debt our inflation is crazy our

00:26:59.920 interest payments on the debt are crazy like we can't afford to goof around at all and here they

00:27:05.600 are saying oh let's just increase a capital gain tax so very quickly on capital gains uh and i would

00:27:12.560 say this if it was of a different party that made a video this good but pierre polyev's team made a

00:27:18.480 great kind of informational video on what capital gain is like what is capital what happens if there's a

00:27:25.360 capital gain so that could be anything from say you're a heavy duty mechanic like my father-in-law

00:27:31.040 was and you've got all this really expensive equipment like drill presses and parts washers

00:27:37.280 and all this stuff like fabrication like welding that is capital and if you sell it if it's over a

00:27:45.360 certain amount that can be considered to be a capital gain okay so that isn't just these aren't just

00:27:51.520 mucky mucks playing the stock market and stuff no um same sort of things say you know an older

00:27:56.400 family member dies and they leave you their cabin or their cottage or some secondary property that is

00:28:02.640 now in your name when you sell that you are punished with the capital gains tax so if you increase that

00:28:10.880 thing you are increasing the costs this tax take for so many people and to your point exactly isaac on

00:28:17.840 physicians um about a year or so ago i was in the emergency room with a friend of mine and totally

00:28:24.480 unprompted it must have been because i had like a taxpayers hat on because that's what i was wearing

00:28:28.480 at the time we went into the er i wasn't thinking about it totally unprompted three two or three separate

00:28:34.160 physicians brought up the capital gains tax increase to me and apparently when they go through med school

00:28:40.560 and stuff they're told hey listen you don't get a pension the same way say a nurse or like uh you

00:28:47.760 know a tech would get okay you're not employed in the same way so you need to structure your business

00:28:53.840 because that's what doctors have to run in such a way that you this is how you save for retirement

00:28:59.760 it's a doctor thing okay you'd have to ask a doctor but apparently by hiking up indiscriminately the

00:29:06.080 capital gains tax on them without warning it was totally upsetting their entire plans for retirement

00:29:12.960 so this is why i was hearing from them saying like unprompted i'm going to leave canada and a bunch

00:29:18.320 of my friends coming through med school are going to i'm like whoa okay like so yeah it's it's a major

00:29:23.040 issue um cosmon did we want to get to the clip here on uh from from carney where he was making his

00:29:29.440 most recent announcement sure and i also think it'll be a good jump off point for our next story

00:29:36.000 but carney essentially uh compares canada to the united states he says that you know the united

00:29:43.280 states is waging a war on the woke and can't under you know his vision for this country canada will

00:29:51.200 maintain its inclusivity etc but i would wager that the united states and in particular doge

00:29:59.360 or the department of government efficiency is waging a war on overspending and wasteful spending

00:30:06.560 particularly it just so happens that woke initiatives overlap with overspending and wasteful spending and

00:30:15.600 money just not well used to the benefit of the taxpayer and we see that in canada as well if you've

00:30:25.200 been on social media or particularly x recently there's been a huge discussion about global affairs

00:30:32.080 canada and where canada's money has been going in terms of international and foreign uh spending and

00:30:39.360 that was sparked by donald trump's you know defunding of usaid which is a very similar has overlaps with

00:30:47.440 global affairs and the the mandates that they both share and an interesting thing that has come to

00:30:53.920 light i honestly didn't know some of these things about global affairs canada what we've been

00:30:58.240 funding but the first one i've seen floating around is that we've actually been funding the bbc's

00:31:04.480 that's the british broadcasting center which is uh the cbc equivalent in the united kingdom

00:31:11.280 their charity arm and canada has funded about 1.6 million dollars uh to the bc bbc's charity and you

00:31:22.160 see that if we have our graph up there's a little orange bar there and that's in pounds but in

00:31:28.080 canadian dollars that's about 1.6 over 1.6 million canadian dollars from global affairs canada to the

00:31:35.600 bbc so isaac like why are we funding the bbc just wait just wait we should probably play the clip i think

00:31:44.080 of of carney first because sure we're going to need a wake up after we finish listening to him talk

00:31:50.720 so stay with us folks listen to this clip of carney because we're going to talk about sex toys in a 0.83

00:31:55.040 second okay roll tape now the one thing i've learned over the many years of managing crises

00:32:02.160 is that plan beats no plan plans create focus discipline and the energy that major changes

00:32:11.280 a crisis demands and make no mistake we are in a crisis we can do little to change the external

00:32:20.640 forces that are causing it but we can act as canadians there's a fever gripping america

00:32:28.800 and while it rages canadians will remain resolute and true to our values

00:32:34.400 while america engages in a war on woke canadians will continue to value inclusiveness while america

00:32:44.240 shuns the vulnerable we will continue to show solidarity with one another while america attempts

00:32:51.680 to turn back the clock canadians will build sustainability for future generations before america's

00:33:00.560 fever passes we must seize this moment for canada this is the time to change this is our time to build

00:33:14.160 this is the time for canada okay so that i gotta say just party apart okay i would say this if he was

00:33:23.600 ndp and i would say this if he was conservative he's gotta get a battery pack or something man because

00:33:29.840 he's more boring than michael ignatiev like he makes prime minister stephen harper look like a

00:33:34.800 stand-up comedian he's gotta put some lightning in those shoes um uh isaac exactly getting back to

00:33:41.600 the throw there from cosmon uh what was your take on this as you've been watching this go down yeah

00:33:47.120 sorry i uh thanks for repeating the question there chris uh my mind waking you up yeah brought me back

00:33:53.440 back to life there yeah no i mean look i've always had a uh i haven't been shy to say that i've been

00:34:00.240 against foreign spending in general when our economy is so weak let alone on ridiculous initiatives that

00:34:07.120 we saw today come out from global affairs canada everyone was revealing these things because we

00:34:12.160 know they uh scrubbed their website or something happened there where none of these projects existed

00:34:17.600 anymore so everyone i was on x this morning i mean i couldn't find anything except people calling out

00:34:22.720 global affairs canada saying what is going on here like this is criminal activity you can't just get

00:34:27.440 rid of all this public data hide it from us because well maybe because of what's happening in in the

00:34:32.880 states with doge and and the public shift we're seeing against uh woke initiatives but i mean i feel

00:34:39.920 that all canadians would probably be along this line where it's like we can't afford our energy bills

00:34:46.080 our our groceries why are we sending billions in some cases to other countries to fund

00:34:51.920 things that don't affect us as canadians the bbc what what effect does that have on any canadian i've

00:34:56.800 never watched the bbc i don't know how it affects my life in any way there are way more ridiculous and

00:35:01.600 ludicrous examples i know you have a list chris whenever i'm reading a ctf uh uh press release you

00:35:07.600 you guys have lists of what foreign spending has been on and it's just almost unbelievable it it is

00:35:14.400 and uh so that's why number one i think it's great that elon musk has dumped gasoline onto this fire

00:35:22.080 and gotten so much attention about government waste if we can have everybody be this kind

00:35:27.440 of activated tax fighter and go find government waste on both sides of the border we will all be

00:35:33.360 the better for it so the mission cultural fund is a pot of money within global affairs canada which

00:35:40.880 we used to call foreign affairs canada it's a pot of money that bureaucrats use all over the world

00:35:47.440 they blow money from this pot of cash and i'm just gonna say if people are noticing a theme with

00:35:54.400 these ridiculous expenditures woke is a cloak for government waste if they can paint it give it a 0.99

00:36:04.080 certain paint job and make it woke they then inoculate themselves they think from criticism because they

00:36:11.920 think we wouldn't dare criticize it well just watch us okay so we spent more than eight thousand dollars

00:36:19.280 on a sex toy show in germany so making these items and then putting them on display i will point out

00:36:28.480 we spent thousands more doing a little bus tour through germany afterwards with artists promoting

00:36:34.160 these things and the name of this show is so disgusting i'm not saying it like i refuse google it yourself 0.71

00:36:43.200 sex toy show in germany canadian dollars went towards it second we spent thousands of dollars

00:36:51.440 to listen to sex stories again if you guys noticing a theme here i don't know what's wrong with these

00:36:56.880 bureaucrats sex stories from seniors old people sex stories but here's the kicker they weren't happy just

00:37:07.760 wasting taxpayers dollars on domestic old people sex stories no no bill and doris in you know kitchener

00:37:15.600 that wasn't good enough they had to take this on the road we were outsourcing old people sex stories 0.98

00:37:21.840 we spent thousands of dollars on a lesbian pirate musical i'm not joking these are all on that website

00:37:30.240 and folks want detailed explanations go to taxpayer.com look up teddy waste awards go back through

00:37:37.520 20 years of this stuff it'll set your hair on fire and so legit if people want to find out where

00:37:45.360 their money is going and hey man if that's what you want to listen to if you want to go watch a lesbian 1.00

00:37:51.280 pirate opera fill your boots or your peg leg pay for it yourself like nobody cares just don't make

00:38:00.080 taxpayers pay for this nonsense and so cosmon do you think that this will catch on up here this kind

00:38:07.040 of doge let's ferret out and get these kind of like tech bros that are noticing code to actually

00:38:13.520 find waste up here will it become popular well i think it's set a precedent whether or not there's

00:38:21.360 actual government motion to audit any of this spending and to see where it's all going and whether

00:38:28.000 it's actually achieving results or it's just being spent frivolously frivolously that's yet to be seen and

00:38:34.320 it would take quite a an amount of effort it would spark up a lot of political conflict the liberals

00:38:42.000 like to accuse the conservatives of cutting services etc but when they're talking about what cuts need to

00:38:48.720 be made it is this stuff it's the stuff that's unnecessary it's the stuff that's wasteful and sure

00:38:55.680 perhaps it provides jobs for a few bureaucrats but does it actually provide substance and and improve the lives of

00:39:03.120 ordinary people no we're just subsidizing these programs uh to fill the pockets of individuals who

00:39:10.320 haven't are invested in it into some degree and ngos etc so in many ways it does work like a patronage

00:39:17.600 network to these activist organizations that take over this take the money from taxpayers and transfer it

00:39:23.520 into their own pockets uh but back in 2023 i just want to point to another story the government essentially

00:39:31.520 admitted that it was not taking tracking billions of dollars going towards uh foreign aid gender

00:39:38.480 projects they don't even have you're right i forgot about this yeah they don't even have a way to measure

00:39:44.800 how much money is going where it's going who's receiving this money and they just shrug their shoulders

00:39:51.120 it's an insane amount of negligence when we're talking about billions of dollars that could be used

00:39:58.320 for much better things it could be used for infrastructure we need houses we need the

00:40:03.600 health care situation is in dire crisis to your point on health care to give people an idea of a

00:40:10.000 billion because i explain this all the time a billion dollars will build you a pretty nice hospital

00:40:18.480 so the next time you hear some bureaucrat flapping their gums about spending a billion here and here and

00:40:24.320 there that's a hospital picture it with its shiny glass doors and elevators and fanciness and all

00:40:30.240 that stuff it's a wild waste of money um i'll also point out i'm waiting for the moment when elon notices

00:40:39.680 march madness so as of right now it's really good number one it's really a good idea to focus on the

00:40:46.720 insane stuff like we were just describing oh yeah one of my other favorite ones was um studying whether or

00:40:51.840 not outer space is sexist like crazy waste of money on nonsense so it's important to point out that

00:41:00.320 stuff because it gets people's attention and it is costing thousands and in some cases millions of

00:41:05.920 dollars we spent more than a million dollars on a deer cull off the west coast of canada through parks

00:41:12.320 canada by hiring gunmen out of new zealand to shoot deer out of a helicopter and they did a crappy job of

00:41:20.720 it too because they're terrible shots like all of that was a gong show so tons of government waste

00:41:26.480 but when you get down to the big ticket items it's slightly more boring but mind-boggling just you wait

00:41:33.040 until elon musk and his doge team discovers how much they waste around the end of february beginning

00:41:39.200 of march because that's of course when fiscal rolls over at least up here in canada it's probably the

00:41:44.480 equivalent down in the states so what that is is and i've worked on both sides of the fence in

00:41:49.680 government and out of government is right around now ish pretty soon an email is going to be going

00:41:55.520 out among the departments saying does anyone have anything really stupid that they need to waste money

00:42:01.360 on couch cushions you know uh color portraits whatever an espresso machine like ridiculously overpriced

00:42:09.680 office chairs because they will lose their budget if they don't blow all of it yeah so at the end of

00:42:18.560 fiscal each department has to use it or lose it so say they've actually been a good manager and they've

00:42:25.360 got a lot saved and left over they don't just put that back in the treasury they don't just give that

00:42:30.480 back to taxpayers or save money no they all rush and blow it at the last minute in february it costs

00:42:37.200 billions of dollars every year to do this wait until they find that out in the states um yes if

00:42:44.480 i may just quick on that uh just because i know a lot of people are fans of the office and there's a

00:42:49.120 good episode illustrating that point exactly where they essentially teach michael what a surplus is so

00:42:54.800 they're like look we have a surplus it's x amount we need to spend it by the end of the day or we won't

00:42:59.120 get it next year so then they have this huge debate on what whether to buy a new chairs for everyone

00:43:03.840 or a copier or what they're going to waste well not waste but use the money on uh in this instance

00:43:08.320 so yeah if any fans of the office out there that's just a quick little uh shout out that's a perfect

00:43:13.440 i'm going to go check that out because i'm going to use that example from now on it's a perfect example

00:43:17.600 um do we want to get to uh tariffs and pride are we there yet yeah no i'll take this one away and i'm

00:43:25.680 already kind of excited because i got this uh this office anecdote but now i i'm excited again because

00:43:30.800 i get to talk about data which excites me i love going through this stuff uh so careful people

00:43:36.080 he's got a spreadsheet okay oh i've got a few uh no so this was a recent survey by um the angus reed

00:43:43.440 institute which was pretty interesting to me because uh the threat of tariffs from us donald trump or us

00:43:49.440 president donald trump actually sparked a surge in national pride among canadians which we've only seen

00:43:55.600 essentially decline since 1985 so this is the first big rise in national pride that we've seen in decades

00:44:03.040 so this is a a miracle of sorts but uh it may be for questionable reasons or if you want to say that

00:44:10.880 because of the the tariff situation but we actually reported on a previous version of this same study

00:44:16.480 in december which showed that pride had recently plummeted thanks to the pandemic and economic woes that

00:44:22.160 canadians were feeling they were no longer proud of the country but now we're seeing

00:44:27.440 that the pride is taking a shift for the better as canadians are feeling united with one another

00:44:32.640 and the country as a whole uh fighting these tariffs from from trump but another interesting

00:44:38.320 thing that i saw in the study and this might have might be something you you miss first time reading

00:44:43.040 it through but this was pretty interesting i found uh canadians said they were following the trump

00:44:49.120 tariffs more closely then they followed the israel-hamas conflict russia invading ukraine

00:44:54.480 the snc lavalin scandal and much much more in fact the only thing um canadians said they paid more

00:45:00.800 attention to than the trump tariffs was the emergence of covet 19 and this was only a one percent difference

00:45:06.960 so 90 percent of canadians said they followed covet 19 closely or very closely and this is 89 saying the

00:45:12.800 same of the trump tariffs so that's how high of an um international event we're talking about here

00:45:20.720 but uh another thing that i found very interesting and and you might not have found this interesting

00:45:24.640 if you didn't know the same background things i do but this one struck me by surprise and i wanted to

00:45:29.600 ask you guys about it so the percentage of canadians who said they had a deep emotional attachment or

00:45:36.400 were very proud or proud to be canadian increased in every single province except manitoba where it

00:45:42.720 actually decreased in both categories now this is interesting because every single premier from

00:45:47.680 every province in canada issued a response to the tariffs except manitoba premier wab canoe so i'm just

00:45:54.640 wondering if there's any equivalency or relation between these two things because i i found that very

00:46:01.280 strange a very strange correlation what do you guys think go ahead cosmon sure i would just suspect

00:46:09.200 that the uh it's a temporary phenomenon whenever you get into conflicts uh i mean particularly wars but

00:46:16.320 a trade war is a minor version of that that doesn't involve real violence but it does spur a sentiment of

00:46:24.880 national pride but we're talking about years where our own government and bureaucrats and the media have

00:46:35.200 you know if i could put it in any other way they've crapped on canada canada's history and here we are

00:46:41.120 we're in a situation where we are facing conflict uh and a potential recession as a result of of

00:46:48.880 tariffs and of course canadians are going to band together but whether that's a sustainable uh lift in

00:46:56.320 national spirits i'm not so sure because because of the constant barrage of telling us to be ashamed of our

00:47:03.840 history telling us to be to put down our our past and and to view canada as some sort of you know

00:47:12.080 genocidal country that has committed all of these horrible past wrongs it's very difficult to look at

00:47:19.680 the federal government who's calling for a united approach when they've done nothing to actually

00:47:27.280 inspire unity among canadians they've actually made regionalism and regional divides worse over the

00:47:33.680 last nine years and chris i know we got to wrap up soon here so i'll ask you a different question

00:47:38.880 because you might have a key insight into this so the this survey asks canadians their top three

00:47:44.560 concerns or issues and during this instance of the survey with the tariffs two new categories emerged so

00:47:49.600 that was of course u.s tariffs and relations with the u.s but perhaps unsurprisingly the top three

00:47:55.840 concerns remained cost of living slash inflation health care and housing affordability so obviously these

00:48:02.160 tariffs aren't taking the eye off the ball for canadians that are really going through the

00:48:06.720 struggles with i mean the most pressing matters you could almost imagine i i yeah i just want to get

00:48:11.760 your thoughts on that chris yeah for sure so uh right off the top when it comes to the whole unity

00:48:17.200 thing um just as a human being and a canadian and someone who has always loved canada and i've

00:48:23.280 read our history and embrace it i'm not embarrassed of it i embrace it and i teach my kids about it

00:48:28.560 um i was a little annoyed when i heard us president donald trump say oh it's not a real country

00:48:34.320 you know and i like a lot of things that he did in his previous term like i like you know obviously

00:48:38.880 going after government waste and all this stuff going having low energy costs like those are all

00:48:42.960 smart policy choices so if even i was annoyed when he said that i can i can see why there would be a

00:48:49.680 little bit of a bump there of like hey man like don't make me like grab you by the sweater and punch you

00:48:54.560 back um however i to your point i don't know how long this will be how long lived this will be

00:49:01.360 because it sure didn't take very long uh for the premier of quebec to come out and say yeah

00:49:06.560 no energy east that whole east west thing that whole getting our energy to market thing yeah that

00:49:12.480 that's just not going to happen um and so what was your main question for me though i was just totally

00:49:17.360 distracted by the trump part again yeah no just on the the top three issues remaining um cost of living

00:49:23.360 health care housing affordability for sure so of those three two of them are still affordability

00:49:29.200 so taxes inflation housing affordability that's all cost that is all the fact that 50 of canadians

00:49:36.560 half of canadians are within 200 of not being able to make the minimum payments on all their bills

00:49:43.440 not paying stuff off let's not be crazy but we can't make the minimum payments on our credit card bills

00:49:49.200 um it's so rough to be able to afford rent every month like half of people are in that boat right now

00:49:55.280 and so yeah it's no wonder that affordability is right up their top of mind and really bluntly

00:50:02.800 tariffs are just taxes they are trade taxes and we can impose them on ourselves by mistake if we start

00:50:10.080 trying to nail the americans with our own tariffs if we tariff fresh fruits and vegetables coming from

00:50:17.040 california our broccoli is going to be 25 or 30 percent more expensive at the grocery store does

00:50:24.480 that sound like a great idea right now totally doesn't and so i will also point out that the

00:50:30.640 carbon tax is going up on april 1st for diesel which as you pointed out earlier in the show for

00:50:37.280 trucking which is the lifeblood of our economy it is what delivers everything we eat and use so talk

00:50:43.600 about a layered effect of affordability the carbon tax on diesel is going up 20 percent that's a tariff

00:50:52.160 we're hitting ourselves in the face with so yeah not surprised whatsoever isaac from those poll numbers

00:50:58.160 we're hitting ourselves uh i think that's all the time we have for today's show

Juno News - February 07, 2025

How does Carney really feel about the carbon tax？

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