Juno News - February 12, 2025


How well do we know Mark Carney？

Topics
carbon tax values book legacy media accountability World Economic Forum World Economic Forum lobbying central bank digital currencies Mark Carney bankruptcy warnings
Mentioned
Mark Carney Justin Trudeau Cosman Jagmeet Singh Isaac Lamoureux Pierre Poilievre Andrew Scheer Stephen Harper Cosman Jirja Donald Trump Chrystia Freeland Ken Paxton Warren Kinsella Dominic LeBlanc Thomas Mulcair Jim Flaherty Brian Lilly Ruby Dalla Liz Truss Karina Gould and 22 more
Conservatives rebrand to Canada First (ft. Kris Sims) The INSIDE SCOOP on my day in Ottawa and interview with Pierre Poilievre

Episode Stats


Length

59 minutes

Words per minute

176.62

Word count

10,459

Sentence count

566

Harmful content

Misogyny

8

sentences flagged

Toxicity

4

sentences flagged

Hate speech

6

sentences flagged


Summary

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

Candace Malan and Cosmin Zherja take a deep dive into the life of Mark Carney, who is running for Prime Minister of Canada, and why he thinks a carbon tax should be implemented in Canada.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00 Hi, I'm Candice Malcolm, and welcome to The Candice Malcolm Show.
00:00:10 We have a very special episode for you today.
00:00:13 We are going to do a deep dive on Canada's next unelected WEF-selected Prime Minister,
00:00:21 Mark Carney.
00:00:23 He is, I think it's in the cards.
00:00:24 I think that he's a shoo-in for leader of the Liberal Party,
00:00:27 which means that he will be installed as our prime minister, unelected, not voted by you or me
00:00:31 or the people, but instead selected by backroom dealers in the Liberal Party. Now, to help me
00:00:37 break it all down and go through his past, and I really try to understand who this man is,
00:00:43 I'm pleased to be joined today by Cosmin Zherja. Cosmin is a senior researcher and journalist
00:00:49 over at Trenorth. He does great work. So first of all, Cosmin, thank you so much for joining us.
00:00:54 Thanks, Candace. Happy to be here.
00:00:56 So let's talk about Mark Carney because he's sort of come out of nowhere. I mean, a lot of people know who he is. He has a familiar face, familiar name. He's kind of been kicking around the scene. And now suddenly he paints himself as an outsider, even though, Cosman, we know that he's been advising the liberals for years. He's been helping Justin Trudeau throughout the entire post-COVID recovery is going back as early as 2020. He's been an advisor.
00:01:22 And before that, he was the governor of the Bank of England.
00:01:25 And before that, he was the governor of the Bank of Canada.
00:01:27 So why don't you tell me a little bit about what you have been uncovering over there at True North?
00:01:32 Sure, you're absolutely right.
00:01:34 Canadians have a sort of surface level understanding of who Mark Carney is.
00:01:40 For a while, he's been this neutral figure as a public servant, right?
00:01:44 Governor of Bank of Canada, they're supposed to be neutral at arm's length to some degree from the government.
00:01:49 But now he's vying for a political position. And we had the idea of using his own words as printed in his 2021 book called Values to hold him to account for some of the beliefs he states there.
00:02:05 Now, it's a 600-page book, and it's virtually a manifesto of Carney's ideas about how the economy should work, how climate policies should work, his ideas about the future of money and currency, and he lays it all out.
00:02:21 It's in plain language. He states exactly what he thinks.
00:02:25 So we wanted to use this as a launch pad to investigate his background, his various positions, and to ask him about these beliefs that he states in this book so openly compared to some of the things he's saying now, like the carbon tax, for example.
00:02:42 And that was our first part of this series. We're hoping to do at least three or four parts of this series investigating various issues that Mark Carney has discussed in length.
00:02:54 Okay, so here is what the book looks like.
00:02:56 It's called Values, Building a Better World for All.
00:02:59 Like you said, it was published in 2021.
00:03:03 So some of the things that kind of jump out,
00:03:06 I mean, we know that he's running for prime minister now.
00:03:09 And one of the things that he's trying to do
00:03:10 is move away from his record on carbon tax,
00:03:13 even though he has been a huge advocate for carbon tax,
00:03:17 so much so that he talks about how politicians
00:03:20 need to be like pressured into doing the right thing.
00:03:22 And even if you sit, if you like you can't flip flop, you have to maintain a commitment to it.
00:03:27 So why don't you help us understand, like, what does this book Values say about carbon taxes?
00:03:32 Sure. So he specifically says that the carbon pricing scheme, carbon taxes, in other words, are the cornerstone of any climate policy.
00:03:45 And to me, cornerstone means that everything else is built around the carbon tax.
00:03:51 He calls it a central piece of dealing with climate change and entering this net zero future that, you know, global finance people like to talk about, that World Economic Forum types like to talk about.
00:04:06 And he points specifically to the Canadian federal pricing model first introduced by Prime Minister Justin Trudeau, I think, in 2017 with the Canada Carbon Pricing Act, if I recall that correctly.
00:04:20 And he essentially says that this is the model that the rest of the world should follow.
00:04:26 He calls it insanely popular in Canada. This is in 2021, at a time when sentiments for the carbon tax weren't exactly overwhelmingly popular. By this time, people have turned against the carbon tax.
00:04:41 And if you recall back, even before the Freedom Convoy, there was the United We Roll Convoy that came to protest the carbon tax. I think it was around 2018 in Ottawa and to promote pro-energy policies.
00:04:56 So I don't know where he gets this idea that the carbon tax was immensely popular.
00:05:01 But like I mentioned, he calls it the model and he says that it was able to navigate the
00:05:06 complexities of Canadian federalism, which is another falsehood, because when we think
00:05:12 about the carbon tax, we also have to think about all of the challenges that have come
00:05:16 from Alberta, from Saskatchewan.
00:05:18 It hasn't navigated federalism.
00:05:20 It has actually promoted regionalism.
00:05:22 So we went to Mark Carney with some questions about this.
00:05:25 And of course, his campaign has refused to answer.
00:05:29 Well, but we have heard him talk recently about carbon taxes.
00:05:33 So let's kind of break down what Mark Carney has said specifically about carbon taxes.
00:05:39 So I think we have some videos here.
00:05:41 So let's first start with Mark Carney saying that the problem with carbon taxes is that they're actually too low.
00:05:50 Brian Lilly shared this video.
00:05:53 Here is that clip.
00:05:54 Now, so far, carbon prices have been applied sparingly.
00:05:58 They've been set far too low in the single digits on average globally, well short of the estimated $8,200 a ton needed by the end of this decade to keep us on track to net zero.
00:06:12 So the problem is that they're too low.
00:06:14 But then here's what he had to say.
00:06:16 This is when he launched his leadership campaign in Edmonton a few weeks ago.
00:06:20 he was specifically asked where he stands on the carbon tax. He gave a very sort of confused
00:06:26 answer. It wasn't very clear. And by the end, he was basically just like apologizing for the fact
00:06:31 that he couldn't answer succinctly by saying, you know, I'm not like Pierre Polyev who can fit my
00:06:37 slogan on a bumper sticker. So let's play that clip. You need a comprehensive approach.
00:06:43 You need a comprehensive plan, not just a soundbite that fits on Elector. And that, again,
00:06:49 is the difference between me and some others. I don't do a little leak, I don't do a soundbite,
00:06:55 do a comprehensive plan that addresses all the aspects, and you'll see that in the coming weeks.
00:07:00 So we've yet to see, you know, it's the coming weeks, we've yet to see exactly what his position
00:07:05 on carbon taxes will be, but I think we can assume that they are sort of walking away from it. I
00:07:10 think the Liberals understand how immensely unpopular the carbon tax has been, how difficult
00:07:15 lives on Canadians with the crushing standard of living and the costs because of inflation and the
00:07:21 carbon tax, that it's just not very popular. And it's sort of ironic because Mark Carney, as you
00:07:25 point out, Cosman, in your article, that he once said the following, he said, backtracking on
00:07:31 ambitious climate agendas is more difficult if politicians share the same goals and expect to be
00:07:37 held accountable. So he's saying that he does hold these same values, that we need to have
00:07:42 carbon taxes in order to save the planet. Yet here he is sort of backtracking on his own
00:07:48 agenda. What do you what do you make of that? No, you're absolutely right. He says one thing
00:07:54 in the past and now he's doing the exact opposite of what he wrote down. I mean, this is a guy who
00:08:00 has championed carbon pricing models at every level, actually at the highest level, at the
00:08:06 global level. So in 2020, he launches the Global Task Force for Scaling Voluntary Carbon Markets.
00:08:14 At 2021, he co-chaired the Glasgow Financial Alliance, which brought all these banks into
00:08:19 committing financing only to sustainable projects, etc. That was at COP26. He was the advisor to
00:08:28 UK Prime Minister Boris Johnson for COP26. He's the UN Special Envoy for Climate Action. I could
00:08:35 go on and on. This guy promoted carbon taxes across the world. That's how I start the article.
00:08:44 Carney tried to convince the world to adopt a carbon tax. Here he is in Canada stepping away
00:08:51 from it, but I suspect in many ways he's just trying to disarm the conservative opposition
00:08:56 because he's looking ahead. In his mind, I suspect he already thinks he's going to become
00:09:01 prime minister, and he's planning ahead, trying to make certain chess moves to counter Pierre
00:09:08 Polyev's wish to have a carbon tax election. But the truth is the carbon tax is still here. We're
00:09:14 paying it at the pump. Canadians keep paying it. You're paying it on your heating bills.
00:09:19 It shows up in anything that's transported via gas-powered vehicles, trucks. So the carbon tax
00:09:27 is very much a real thing. If an election were to happen, it will definitely be a ticket issue.
00:09:32 So I suspect there's an element of smoke and mirrors and trying to step away and to confuse
00:09:38 people. But the plan he's proposed, this incentives model, doesn't clear any confusion. It doesn't
00:09:44 make sense. And it doesn't provide any real solid answers about what he plans on doing if he's
00:09:49 prime minister. Well, you mentioned the banks there. So I want to point to this story that
00:09:54 came out in January about how many of the banks in Canada are now moving away from Mark Carney's
00:10:01 climate initiatives. See as the CBC, it says four of Canada's big banks leave Mark Carney-led
00:10:07 climate initiative. Banks say that they can go it alone to help the push for achieving net zero
00:10:13 emissions. So basically, Mark Carney led up a scheme through the United Nations, something
00:10:20 called Net Zero Banking Alliance that aims to accelerate climate action among financial
00:10:27 institutions. The banks, including BMO, National Bank, TD, and CIBC all confirm that they were no
00:10:34 longer members. Withdrawals from the alliance followed departure from six large U.S. banks
00:10:40 and this was at the time ahead of the inauguration of Donald Trump. It seems like there's been a bit
00:10:47 of a cultural shift, Cosmin, in the last, I don't know, three months, where people are just sort of
00:10:52 done with all the woke stuff, like all of the ESG, UN, World Health Organization, WEF, everything,
00:11:02 like we're done with all of it. And I think it's becoming much more popular, even for in the
00:11:06 corporate world, which is very restrained, very cautious and careful. They're saying like, yeah,
00:11:13 no, we don't want to do this stuff anymore. And the idea that you can run a bank, you know,
00:11:18 that the purpose of a bank is to be good stewards of money, right? And to give loans to people when
00:11:24 they need it and to hold people's money. Like the purpose of a bank isn't to try to meddle in left
00:11:29 wing politics. And yet that's what we've seen for previous five to 10 years. And now things are
00:11:35 shifting away, abandoning this whole concept that Mark Carney tries to push to net zero banking
00:11:41 alliance with total nonsense. What do you think that this will do for sort of Mark Carney's
00:11:46 reputation? Like he's really built his entire political career on being this like really
00:11:53 important backroom banker who builds these big, important green policies. And yet at the same
00:11:58 time, the culture shifting away from it, banks are openly leaving them. Where do you think that
00:12:03 leaves Mark Carney? Well, it leaves him in a difficult position, but if it weren't for the
00:12:09 legacy media, because the legacy media refuses to hold them accountable on any of this stuff.
00:12:14 They just take what he says word by word and reports it as if he's a new person. He's a changed
00:12:20 person. You know, we saw the Jon Stewart interview where he claims he's a political outsider,
00:12:25 whereas, you know, he's he's advised the prime minister. He's advised the prime minister in the
00:12:30 UK. He's he's definitely the most insider type of person. And you're absolutely right. There has
00:12:36 been a growing awareness and i think social media has a lot to do it definitely elon musk take over
00:12:43 of x there's a growing awareness of the double standards that these elites who buy into this
00:12:50 net zero agenda you know you call it the great reset that was a big thing during covid these
00:12:56 elites who want to adopt world economic forum ideas and and and mold national policies based
00:13:05 on these, you know, think tank, unelected sort of things. And people are aware of it. They see
00:13:11 the double standards. They see them flying their private jets and then preaching about saving the
00:13:17 climate. And they're sick of it. And I think, thankfully, at least you see it in the private
00:13:22 sector and of things. Companies are reacting to that. They're seeing the consumer shift and
00:13:28 they're starting to reevaluate whether this is actually, first of all, the way to tackle things
00:13:33 like climate change uh with carbon taxes all these sort of virtue signaling uh approaches
00:13:41 and secondly they are starting to believe in a sense they're starting to adopt more to the
00:13:49 consumer mindset as it shifts well you mentioned this uh clip and i have it so i want to show it
00:13:55 this is mark carney appearing on the daily show this was uh back on january 14th so he was still
00:14:00 just teasing the idea that he might run but here you can see that he calls himself an outsider
00:14:07 wild hypothetical let's say the candidate wasn't part of the government let's say the candidate
00:14:13 did have a lot of economic experience let's say the candidate did deal with crisis let's say the
00:14:19 candidate had a plan to deal with the challenges in the here and now you sneaky you're running as
00:14:24 an outsider i am an outsider i love how john stewart calls him sneaky there because it's just
00:14:32 like it's just perfect uh we have a bit more information about mark carney with regards to
00:14:38 the world economic forum uh because you mentioned that as well and it wasn't too long ago that he
00:14:43 appeared on a podcast with an mp a toronto mp for the liberal party and they were just kind of
00:14:49 casually chatting about WEF and basically saying that it was a great, wonderful thing
00:14:54 that Mark Carney was involved in it. And they don't understand why the conservatives don't like
00:14:59 it. Let's play that clip. So one of the knocks on me that the opposition makes or part of the
00:15:09 opposition. You're a WEF global elite. Exactly. I'm a WEF global elite. John Barrett is too,
00:15:14 But I don't know. Can't be a coach here. That never comes up.
00:15:20 He's banned his ministers from going to World Economic Forum events to cater to conspiracies.
00:15:25 And you've been a board member for over a decade.
00:15:27 Yeah. I've rolled off the board, but that's absolutely right.
00:15:30 I had a board member there and I used to go there with Prime Minister Stephen Harper when he was there and et cetera.
00:15:36 So I think that the culture has shifted so much again since this interview,
00:15:41 because before the liberals used to just brush off anything about WEF as just a conspiracy theory.
00:15:46 Like, oh, Pierre Paglia believes these crazy conspiracies, the conservatives are scared of it,
00:15:50 whereas you, Mark Carney, amazing Mark Carney, you spent a decade there and you're the leader of it
00:15:56 and way to go. And like the reality, I think Danielle Smith said it so perfectly when there
00:16:00 was a legacy media reporter hounding her like, what do you have against the WEF? You haven't
00:16:05 even explained it. And she's like, I don't like an organization where billionaires brag about
00:16:10 controlling politicians like like that's that's not an organization that i want to be a part of
00:16:15 i think danielle put it so perfectly but the reality is that yeah like you have klaus schwab
00:16:20 out there saying that he penetrated cabinets and then you have people like justin trudeau and
00:16:25 christia freeland acting not on behalf of the people as you can tell by the fact we don't have
00:16:29 an election and we're about to have a selected prime minister installed and i just think that
00:16:34 when i hear them talking about it laughing about it and brushing it off like it's no big deal
00:16:37 it's like they've been listening too much to the legacy media and to the you know the people who
00:16:43 believe the exact same narrow thing that they do and canadians are not on the same side i i wonder
00:16:49 like i think these comments have already aged really badly but i think it'll get even worse
00:16:54 i want to show um andrew andrew lawton who is a journalist for true north he's now going to be a
00:17:00 conservative candidate in the next federal election he he was always our guy that would
00:17:04 would go to Davos. He was great at it. There's wonderful videos of him interviewing Mark Carney,
00:17:10 or at least trying to on the side of the road. But Andrew Lawton tweeted this last September,
00:17:16 2024, saying this. He said, Mark Carney is a mainstay at the West Davos retreats. I bumped
00:17:22 into him when I've been reporting on the Davos elites as a journalist. Last year, he was on my
00:17:28 flight home from Zurich to Toronto. He was in business class. His wife was in economy. Take
00:17:35 from that what you will. Cosmin, I know you are happily married. Your better half, Lindsay
00:17:40 Shepard, used to work for True North, and she's moved on now working in Victoria politics. Would 0.98
00:17:47 you ever take a flight and sit in business class and make your wife sit back in economy? 1.00
00:17:52 Well, I would do the exact opposite and swap places instead. But it's funny, you mentioned World Economic Forum. When we were there last year, we saw Mark Carney. And you're absolutely right. It is a bunch of elites trying to make decisions for politicians.
00:18:08 It was last year at the World Economic Forum that Chrystia Freeland talked about meeting with this financier to discuss investment in Canada.
00:18:17 That is lobbying, but it was unregistered lobbying, and she did it, and she openly bragged about it.
00:18:23 So absolutely, Mark Carney was a mainstay at these events.
00:18:27 I think he went every single year while he was involved in that.
00:18:30 Yeah, and again, this is another clip that came from his time at WAP.
00:18:36 This comments were made in 2023.
00:18:38 So strange, he identifies himself as a European.
00:18:41 Like, I don't really know what that means.
00:18:44 Like, does he not consider himself Canadian
00:18:45 or is he just talking purely in racial terms?
00:18:48 Strange clip for someone who wants to be prime minister
00:18:51 of Canada, let's play that clip.
00:18:53 You look like you were about to.
00:18:55 Yeah, I was a tell.
00:18:55 As a European, you know, as a.
00:18:57 As a European, I am a European actually.
00:18:59 Oh, you are, oh, oh.
00:19:00 Yeah, yeah, Irish citizen, yeah.
00:19:01 So there you go.
00:19:02 Well, speaking as a European, I like to say falling. 1.00
00:19:07 Whoops. Do you think he regrets saying that now? I know that he has multiple passports, right?
00:19:13 He's also a citizen of the UK. So maybe that's what he's talking about. He considers himself European.
00:19:21 Yeah. And that was a huge deal. If you recall, when Andrew Scheer was conservative leader,
00:19:26 the media were hounding him practically daily to resign his U.S. citizenship.
00:19:33 And yet, here's Mark Carney, who describes himself as a European holding a second citizenship. I am not sure if he's a U.S. citizen as well. He might be. But nobody's asking this question. And it just goes to show that double standard. And Mark Carney, to describe himself as European, I think he would regret it. Because now, with the tariff stuff, he's trying to, you know, bring up this whole Team Canada approach.
00:20:00 we're all proud to be canadians we're different than the americans but here we have him on record
00:20:05 calling himself a european first before a canadian well and it's so much worse even than andrew sheer
00:20:11 who andrew sheer was born with an american parent so he got an american citizenship passed it down
00:20:18 to him and so it wasn't something that he went out and tried to get uh mark harney i'm going to read
00:20:24 read his bio, but this is part of his bio, is that he's a citizen of three countries. So he was born
00:20:30 a Canadian. He obtained Irish citizenship in the 1980s and then became a British citizen in 2018
00:20:37 when he became the governor of the Bank of Canada. So these are decisions that he made
00:20:42 as an adult, not like Andrew Scheer, who was born with that and, you know, of no control to himself.
00:20:48 I remember when Thomas Mulcair was running for prime minister as the NDP and we found out that
00:20:54 he was a citizen of France. And when that came out, he promised that if he became prime minister,
00:21:02 he would renounce his French citizenship. So you had Andrew Scheer saying, I will renounce my
00:21:06 American citizenship. And he was taking steps at the time to do that. You had Thomas Mulcair
00:21:11 promising that. And I don't think that Mark Carney has even acknowledged it. And it's not
00:21:16 like he's just running for prime minister, Cosmin. He will be prime minister. He's just running for
00:21:21 liberal leadership which he'll win and then he'll become prime minister so it's not even like well
00:21:27 if i win the general election i'll get rid of this it's like he's already going to do that i'm going
00:21:31 to read a bit more of his bio because interesting uh person and character so he was born all the
00:21:37 way up in fort smith northwest territories and apparently grew up in edmonton his father was a
00:21:43 candidate for the liberals in um in edmonton when he was growing up he earned a bachelor's degree
00:21:49 from Harvard University in 1988. He also received his Master's and a Doctorate in Economics from
00:21:54 the University of Oxford. He became a Managing Director and Investment Banker at Goldman Sachs.
00:22:00 He served as the Deputy Governor of the Bank of Canada from 2000 to 2004, and then eventually he
00:22:06 was promoted to the Bank of Canada Governor from 2008 to 2013. He likes to talk a lot about how he
00:22:13 worked with Stephen Harper and Finance Minister Jim Flaherty, former Prime Minister Stephen Harper,
00:22:17 former finance minister, the late Jim Flaherty, in sort of steering Canada away from the economic
00:22:23 crisis in 2008, the financial crisis. And Canada's banks did, you know, incredibly well relative to
00:22:29 the rest of the world, especially the Americans. After that experience, he moved on to become the
00:22:33 head of the Bank of England from 2013 to 2020. So it's interesting that he became a citizen in 2018,
00:22:40 Cosman, but he started that role in 2013. So it's not like it was required for him to do that. It's
00:22:46 It's not like they said, look, you can come be the bank, the governor of the bank, but
00:22:49 you have to become a British citizen first.
00:22:51 It's like he became the British citizen halfway through.
00:22:55 After that role, he became the chair and head of impact investing at Brookfield Asset Management.
00:23:01 He became the chair of the new board of directors of Bloomberg.
00:23:05 He served as a special envoy for climate change and finance to the United Nations, became
00:23:10 the co-chair of the Glasgow Financial Alliance for Net Zero.
00:23:15 He became a foundation board member for the World Economic Forum.
00:23:19 And then, like I mentioned earlier, he became a special advisor to Prime Minister Justin Trudeau on Canada's COVID response back in 2020.
00:23:27 And then it seems that he continued advising liberal policy from that point.
00:23:33 It became public again that he was a special advisor and chair of the Liberal Task Force on Economic Growth just in 2024.
00:23:41 So, you know, again, this guy's the ultimate insider.
00:23:43 Warren Kinsella, who's a liberal insider as well, he posted the following on X, talking about Mark
00:23:50 Carney's sort of insider status. So if we can show that tweet, he says, Mark Carney is the team
00:23:56 Trudeau candidate. His campaign is being run by Gerald Butts, Katie Telford, etc., the ones who
00:24:03 had to resign due to scandal or have been implicated in multiple scandals, the ones who
00:24:08 reduced the Liberal Party to 16%. Carney equals Trudeau. And Warren Kinsella is someone who would
00:24:14 know because he's also a liberal insider. So what's your take on all of that, Cosman?
00:24:20 Yeah, if you just compare the policies Trudeau has promoted to the things that Mark Carney
00:24:26 promotes in his book Values, it's almost a one-to-one comparison. In that book,
00:24:31 While discussing climate policies, he talks about the need to phase out gas powered vehicles. He talks about introducing certain zoning rules for, you know, climate and less carbon intensive things in building housing and real estate.
00:24:50 He talks about putting caps on oil and gas. These are all policies that Prime Minister Justin Trudeau has attempted to introduce or has introduced during his time. So when you look at this, when you look at his own words, it just seems that if Carney, carbon tax Carney, as the conservatives call him, if he were to become Prime Minister, it would just be a fast forward on these policies.
00:25:17 It would be not only Trudeau 2.0, but it would be Trudeau 2x or 10x in a sense that he's going to multiply what he was doing and introduce it quicker and with more punch.
00:25:31 So one of the things I'm noticing, Cosman, and tell me if you find this trend as well, is that basically the liberals at this point are completely abandoning all of their policies.
00:25:42 And it seems to me that they're trying to copy the conservatives.
00:25:45 Like whatever the conservatives are saying, that's kind of the position that the liberals are taking.
00:25:49 You saw this after the tariff threat where Pierre Polyev really started talking about reducing barriers for interprovincial trade.
00:25:56 And you had the one of the ministers, Anita Anand.
00:25:59 I think she's now the minister of, oh, I don't know, something.
00:26:03 She used to be the foreign, the defense minister and she moved on. 0.99
00:26:07 Anyway, she came out saying, yes, we need to eliminate these interpredential trade barriers.
00:26:12 One of the interesting things I saw was last week we had Dominic LeBlanc.
00:26:17 So this is this is Canada's new finance minister.
00:26:21 After Chrystia Freeland, you know, was thrown under the bus and then threw Justin Trudeau under the bus.
00:26:27 This individual came in to replace her.
00:26:30 And Dominic LeBlanc came out and said last Friday that Canada should spend less and that we should review the size of government.
00:26:39 So these liberals are sounding an awful lot like conservatives.
00:26:42 I think we have a clip of Dominic LeBlanc saying basically, I don't know, that the liberal spending and the entire 10 years of Justin Trudeau in office was kind of a mistake.
00:26:55 And we need to start again and actually become fiscally responsible.
00:26:58 Let's play that clip.
00:27:00 One of the tensions, of course, in any spring budget would be the fact that spending would be
00:27:05 looked for and maybe even required in the event of tariffs. But we also need some fiscal prudence.
00:27:11 A Canadian dollar demands it at the very least. If we have a massive deficit, it will weaken us
00:27:16 further in other ways. How do you marry those two things? How do you match them up? 0.96
00:27:20 Accept that premise as real, the premise you just said, that the continued significant spending in
00:27:26 a bunch of areas has to be ratcheted down. My own view is things as simple as the growth of
00:27:31 government need to be looked at. So again, sounds sort of like a conservative. This is sort of
00:27:37 frustrating, I think, for many conservatives. It's like liberals go into office. They spend
00:27:42 an entirely ridiculous amount of money. They grow the size of government. They somehow manage to 0.65
00:27:46 give patronage packages to all of their friends who work in various industries. And then right at
00:27:53 very end when they're about to get kicked out of office they're like yeah someone needs to come and
00:27:56 like clean this out uh so they put that on the conservatives so the conservatives could be in
00:28:00 charge of all the unpopular cuts and then 10 years from now the liberals will come back and you know
00:28:05 promise a bunch of goodies and canadians will turn around elect them again i mean maybe that's
00:28:08 a cynical take on it all maybe it's a victory maybe the fact that the liberals are finally
00:28:12 coming around to say hey all the spending that we did was really bad and we probably shouldn't
00:28:16 do it anymore maybe it's victory or maybe we shouldn't believe them because they're not
00:28:19 not actually going to do it. What do you think, Cosman? Well, I think it's a victory in the sense
00:28:25 that the public conversation has ramped up and is openly talking about cutting foreign aid,
00:28:33 cutting the size of government. I think most voters are in support of that. For a while,
00:28:39 the liberal government would fearmonger against conservatives talking about any cuts being an
00:28:45 attack on social services and attack on health care but there's uh you know we talk about doge
00:28:50 and i i think we'll be playing this clip later but carney says you know the government uh the
00:28:56 government of the united states has is on a war on woke but in reality what doge is a war on yeah
00:29:01 we have it why don't we play it right now let's play the clip of this is just such a weird
00:29:05 statement but here is mark carney last week uh saying what cosme just said there's a fever
00:29:11 gripping america and while it rages canadians will remain resolute and true to our values
00:29:20 while america engages in a war on woke canadians will continue to value inclusiveness
00:29:27 so it's it's false to say that doge or the u.s government uh the department of government
00:29:32 efficiency is waging a war on woke it's waging a war on overspending wasteful spending and it
00:29:40 just so happens that those two areas overlap a lot of the wasteful spending has been on like
00:29:47 diversity equity inclusion initiatives that do not provide any material or comfort benefit for
00:29:53 the average taxpayer and it's the same case here in canada think about all of the departments and
00:30:00 the different spending initiatives that the liberal government has ballooned we're talking
00:30:05 we have to hold them to their record we have nine years worth of governance to hold them to account
00:30:11 for that includes ballooning the size of executives we're talking about managers in the government
00:30:18 not just public sector employees there's a record number of executives earning huge amounts of money
00:30:26 well above the average canadian salary they've invented new departments new ministries and
00:30:33 And they've introduced things like, you know, gender-based analysis across the board, across government sectors.
00:30:39 So there's so much there to go through.
00:30:42 And if any future government wants to take this seriously and take Dominic LeBlanc at his word, the fact to look at the government and downsize, there needs to be an audit.
00:30:53 a real audit where, like Doge, you embed people with an objective financial mindset and looking
00:31:01 where can we make these cuts, what hasn't produced any real results, and what can we do away with
00:31:07 while maintaining core services and actually improving the outcomes for Canadians at a lower
00:31:15 cost. Well, it's interesting that you say that it's not exactly a war on woke, it's a war on waste.
00:31:21 And I think that's true. The government is spending on such ridiculous things. We see that down in Washington with what Elon Musk is exposing. I mean, I think it was like $20 million for an Iraqi Sesame Street or a musical on transgenderism in Ireland and a comic book in Peru. 0.84
00:31:43 Like, it was so absurdly ridiculous that, you know, it's wrong because it's wasteful.
00:31:48 It's extra wrong because we're pushing just the worst values upon the world. 0.98
00:31:52 And, of course, Canada is way worse.
00:31:55 Like, you know, the Americans had those really high-profile funny examples.
00:31:58 But when the sort of mini scandal happened last week where the Foreign Affairs or Global Affairs Canada tried to take down the database of all of their international development plan funding,
00:32:10 and then they put it back up and everybody was going through and finding all the things like
00:32:14 our forward policy is kind of embarrassing. The fact that we have, we've spent $52 billion over
00:32:22 the last, since 2017, so over the last six years on programs, I think is wrong. I think that that
00:32:27 money should be spent in Canada. But then even beyond the fact that it's wasteful, the idea that
00:32:33 some of these things that we're spending, like we're spending money on transgender surgeries
00:32:38 in the Philippines. Like what does the Philippines have to say about that? Well, if you were from the 0.98
00:32:42 Philippines, you know, it's a very religious, very Catholic country. And all of a sudden there's
00:32:47 these like foreigners pushing this kind of radical religion upon your children. I wouldn't be happy 1.00
00:32:53 about that if I was from that place. Or we learned that Canada is spending $10 million a year
00:32:58 providing abortions to women in London. Like why? You know, in what world is that Canada's business 0.96
00:33:06 or Canada's role, plus we're pushing an ideology.
00:33:10 So to me, Cosmin, yes, the world is having a war on woke.
00:33:14 I mean, just repeat what Mark Carney said.
00:33:16 There's a fever gripping America.
00:33:19 And while it rages, Canadians will remain resolute and true to our values.
00:33:24 While America engages in a war on woke, Canada will continue to value inclusiveness.
00:33:31 So, I mean, is this his new campaign slogan that like woke is here to stay?
00:33:36 Canada is going to remain the woke country and you know again this idea that Canadians are like
00:33:41 this compassionate people that we value inclusiveness so we need to pay for sex change
00:33:46 operations and abortions all over the world like it's it's so patently absurd the reason that
00:33:51 people don't like woke and the reason that woke is you know it's it's so popular to go against it
00:33:56 and Canadians are just so done with it is because it's morally wrong and I think we're sick of it
00:34:02 we had to keep our mouths quiet. Well, I personally didn't, but so many Canadians 1.00
00:34:06 felt afraid to talk about this kind of thing. And the cultural environment for the last maybe 10
00:34:11 years has been quite hostile towards people who do speak out. We really witness cancel culture
00:34:17 to the extreme. So I understand how before Canadians and Americans didn't want to talk
00:34:22 about their opposition to this kind of thinking. But again, things have shifted. Everything's on
00:34:28 open everybody kind of agrees at this point that we don't want this kind of stuff and it seems like
00:34:34 mark crane didn't get that message so again if his new campaign slogan is like woke is here to
00:34:38 stay and i'm the woke candidate uh good luck with that yeah part of it seems to be that this liberal
00:34:46 uh trend or almost uh behavioral pattern where they constantly need to counter signal against
00:34:52 the United States. They're constantly trying to say, oh, look how better we are, even when it's
00:34:58 to the detriment of Canada. They're willing to die on that hill. And I think Carney is willing
00:35:05 to die on that hill. And we will be exploring that in our series because he talks a lot about
00:35:11 inclusivity and changing the economy. You know, this is a World Economic Forum idea. Klaus Schwab
00:35:18 term this made this term up, you know, stakeholder capitalism. And this is encapsulates this whole
00:35:24 idea about, you know, changing the world to adapt to these climate goals, but also to these social
00:35:31 goals, these social governance goals, to promote diversity and equity to, you know, promote mass
00:35:37 immigration, etc, refugee policies. So absolutely, whether that is a winning ticket with Canadian
00:35:45 voters? I don't think so. And you mentioned, you know, people are way more willing to be open
00:35:51 about this and express their dissent, whether it's at their own workplace on social media or
00:35:57 against the government. And I'd like just to point out how much of a testament that has been to True
00:36:03 North's hard work on this topic, because we were covering it before any of the mainstream legacy
00:36:10 media outlets were willing to touch it we got a lot of flack for it but we stuck by it and we've
00:36:16 we have a catalog of examples going all the way back to this company's founding of coverage
00:36:23 pointing out exactly where this is happening and why it's wrong and it's it's it's i mean
00:36:30 i'm very grateful that things are starting to change i think that back then when we were the
00:36:35 only ones reporting on it uh it was great because you know we were the only ones reporting on it and
00:36:39 And so we got a lot of scoops and we told a lot of stories that were unique to Canada, but we certainly got a lot of blowback.
00:36:46 And you realize that the people who push these extreme ideologies, they sort of have like a, I wouldn't even say a religious movement, because I think that that's unkind to religious people. 0.89
00:36:59 But they're maniacs. And, you know, when they have their eyes set on you, it's kind of scary.
00:37:05 So, yeah, we've all kind of been the target of the craziness from these people.
00:37:10 I just don't think that Mark Carney's very good at this.
00:37:13 I think that he has a lot of experience.
00:37:15 He's an impressive guy.
00:37:16 I had Tom Flanagan, retired professor, on, and his point was like, you know, he kind
00:37:21 of looks like a prime minister, right?
00:37:23 If you look at him, he's like straight out of central casting, and he's kind of like
00:37:27 a more polished, more educated, more intelligent version of Justin Trudeau, probably equal
00:37:32 in their ideological radicalism, or like you said, maybe he's even more radical than Trudeau
00:37:38 if that's possible. So I think everyone assumes that Canadians are just going to like rally around
00:37:43 him and love him. When I've watched his campaign so far, Cosmin, I just don't think he's very good
00:37:47 at this. So I'm going to put this video of his launch. And I mean, there's a whole bunch wrong
00:37:52 with this. The image is just weird. It could be in any country. I don't know. It doesn't really
00:37:59 look like Edmonton. And he just has low energy. It reminded me, I've said this on my show before,
00:38:05 it reminds me of Jeb Bush and how Donald Trump hilariously labeled him a low energy Jeb.
00:38:10 And I kind of like deflated his entire campaign. But that's what I think of when I watch Mark
00:38:16 so let's play this clip but those good old times my friends are over
00:38:26 our times are anything but ordinary
00:38:36 the system it's not working as it should i don't know if that was supposed to be an applause line
00:38:44 Just a long pause and nobody clapped. And it just was very inspiring. What do you what do you think?
00:38:51 Well, it was more like he's reading a funeral eulogy than he's actually launching a political
00:38:56 campaign. And you're absolutely absolutely right. The energy isn't there. And I compare this back
00:39:02 to 2015 when Justin Trudeau was running to become prime minister. After he became liberal leader,
00:39:10 There was energy in his campaign. There was a lot of young people flocking to Trudeau. You know, he forwarded he was talking about, you know, releasing students of their student debt. He was promoting the legalization of marijuana. And he had some vitality, right? Some energy and youthful drive that clinched him the election. I just don't see it. I don't see it in Carney. I don't see it in Chrystia Freeland, Karina Gold, any of the liberal candidates.
00:39:40 And barring the one who, you know, you might call the meme candidate.
00:39:45 I forget her name.
00:39:46 It's slipping.
00:39:47 Yes.
00:39:48 Yeah.
00:39:48 There is more energy there than there is in Mark Carney's campaign.
00:39:51 Right.
00:39:52 Yeah.
00:39:53 And she's been calling out Mark Carney because one of the things that happened, Cosmin, was after the Trump tariff threats and then Trudeau pushing back and saying that we're going to have our own retaliatory tariffs.
00:40:03 Mark Carney came out and put out a statement where he was saying that he was in constant conversation with Canada's cabinet.
00:40:11 And he was like involved, kind of like implying he was involved in all of these decisions.
00:40:15 And it's like, dude, you're not even a member of parliament.
00:40:17 In what world is it OK for you to be involved in this stuff?
00:40:22 And, you know, that's what we were pointing out from the outside.
00:40:25 But then Ruby Dalla jumped in and also made that point. 1.00
00:40:27 So it is kind of amusing to have, I would say, even though Ruby Dalla is a former member of parliament,
00:40:33 and she's been around liberal politics probably her entire adult life.
00:40:37 She's kind of an outsider because she's not part of that kind of elite Laurentian crowd,
00:40:42 so it's amusing to have her in.
00:40:45 One of the things that also happened during that launch up in Edmonton
00:40:48 is that Mark Carney didn't allow independent journalists to enter the building.
00:40:54 And I think this is a big deal.
00:40:56 This shows us his character more than anything else.
00:40:59 So we had the counter signals. Kian Bexty was sort of leading the charge, but it was also the Western Standard and True North's own Isaac Lamoureux, who, and Isaac is from Edmonton. He's a local journalist. And they weren't letting him in. They weren't giving an explanation. Kian filmed it all. And so, yeah, let's show that clip to see what it looked like.
00:41:21 if we have to leave i'm happy to leave but nobody is from whoever's book this has told us that
00:41:27 they're actually an authority figure just people that i think don't like us so okay you are
00:41:32 trespassing so that was that was how it all ended but if uh you know earlier in other footage you
00:41:40 could see kian just trying to get in the door and there's this man that's just blocking it and
00:41:45 kian's asking him like who are you you know are you running this event why aren't we allowed in
00:41:49 to re-allowed in. And these kind of like self-appointed bouncers, we're not letting them
00:41:55 into a community center and treating them like they were doing something wrong. It's like,
00:41:59 hello, we live in a free society. This is called a free press. You might not like the journalists,
00:42:03 but they should still be allowed in. And the fact that Carney took that approach, that if you're
00:42:08 not part of whatever, I don't even know. I don't know how they identified our own Isaac Lamoureux,
00:42:13 or maybe they recognized Kean Bextie, but I don't understand why the rest of them didn't get let in.
00:42:18 Like what trouble or like what would have possibly happened if like Isaac, who's just a very well mannered, unassuming young man, like what like what's the problem with letting a journalist into the room?
00:42:30 I think it really demonstrates exactly what we're going to get with our Kearney.
00:42:36 Yeah, it demonstrates weakness and fear almost of being asked questions that he doesn't want to answer, because as far as I can tell, the legacy media has only thrown him softball questions.
00:42:47 He refuses to engage with any independent outlet, even if you're just sending him inquiries
00:42:52 in writing.
00:42:53 He didn't answer any of our reasonable questions.
00:42:56 We're not going there to pick a fight.
00:42:58 We're just going there to ask him some basic things about what he said in the past and
00:43:03 what he's saying now and how he reconciles these things.
00:43:06 Any politician worth his or her salt should be able to do that because that is going to
00:43:13 be their job if they become prime minister.
00:43:15 people have a lot of questions you are running a government and you better be equipped to be able
00:43:22 to answer those questions coherently and in a way that makes sense but Carney has refused to do so
00:43:28 he seems to just be cruising along and and when you just look at his campaign there's this sense
00:43:33 of confidence almost smugness that radiates from it that he has this in the bag and he doesn't need
00:43:41 to take that extra effort to convince the other voters, other voters who might not be necessarily
00:43:47 Liberal Party members, right? Of course, he's running for the Liberal leadership, and that's
00:43:52 who he's trying to convince. But if he thinks he has it in the bag, he needs to convince Canadians
00:43:57 who are not liberals, who don't traditionally vote liberal, that he is going to be serving
00:44:03 in the highest office in this country in their interest, everybody's interest, not just the
00:44:09 Liberal Party supporters' interests. But do you know what, Cosman? I don't think he really does
00:44:13 have to convince Canadians. Like, here he is. He has decided that he's going to be Prime Minister.
00:44:19 There aren't really a lot of other good candidates, as you pointed out. Chrystia Freeland, 0.98
00:44:24 Katrina Gould, like, they're very uninspiring. They're just, they're not going to win. They're
00:44:28 not going to be Prime Minister. Had Mark Carney not stopped in, I mean, maybe it would have been
00:44:31 Chrystia Freeland, and then we would have seen a repeat of the 93 election, I think, where Kim 0.89
00:44:35 Campbell got absolutely decimated. But Mark Carney has stepped in. And I think part of the idea is
00:44:41 that he doesn't have to face an electorate, that he is going to get selected by the liberal brass.
00:44:46 He's already kind of been selected in backroom deals with bankers and whoever else. He's going
00:44:51 to come in. He's going to get to be prime minister, which is something that, you know, he can add it
00:44:55 as another trophy on his shelf of things that he's accomplished. And we think we're going into
00:45:01 an election, right? Jagmeet Singh said in December that we're going to go into an election, no matter
00:45:05 who the liberal leader is. But that requires us to actually trust Jagmeet Singh, who has proven
00:45:10 himself over and over and over again, to be entirely untrustworthy. So I can imagine a world,
00:45:16 and I think it's pretty easy to imagine this, where Mark Carney wins the liberal leadership
00:45:20 race in March, becomes the prime minister, and then manages to strike another deal with the NDP,
00:45:27 strike another deal with Jagmeet Singh. We know Jagmeet Singh is, his polling numbers are in the
00:45:31 tank. And he is probably not even going to win his own riding if there were to be an election
00:45:36 this spring. So why would he trigger one? Just like from a rational kind of incentives perspective,
00:45:41 he has no incentive to actually trigger an election. He's lied to the Canadian people
00:45:45 so many times that he doesn't even care about his reputation or his word anymore.
00:45:49 So all Mark Carney has to do is dangle something in front of him. And we know that Jagmeet Singh
00:45:54 falls for that because he did over and over and over again with Justin Trudeau. And so maybe
00:45:59 they'll push the election back to October 2025. That will be four years after the last election,
00:46:05 and our Elections Canada Act says it's supposed to be every four years. But then there's also
00:46:10 this theory floating around. So I want to play this video from our friend Brian Lilly of the
00:46:14 Toronto Sun, where he talks about how we might not see an election this year at all. Let's play that
00:46:19 clip. Since I get the most is when is Canada going into a federal election? Well, the answer is we
00:46:24 may not head into one until September 2026. Yeah, you heard that, September 2026. That's the last
00:46:31 time that we're able to. The vote has to be held before the five-year mark of the last vote, which
00:46:36 was October 2021. That's the Constitution. Yes, we've got fixed election date laws, but they're
00:46:41 not worth the paper they're printed on. They have all kinds of outs for parties to be able to do
00:46:45 this. If Mark Carney takes over and becomes liberal leader and prime minister, he could cut
00:46:50 to deal with Jagmeet Singh and the NDP and say, we've got a national emergency because of Donald
00:46:55 Trump and these terror threats. We've got to stay in power. They could stick around, not just until
00:47:00 the summer, not just until October, but all the way until the fall of 2026, all because of our
00:47:07 strange government and constitutional system. Now, that's totally possible. It's within the
00:47:13 realm of possibility. I've talked to many sort of insiders and people who understand the legal
00:47:16 system. And they said, yep, that's probably what could happen. That's inside the possibility of
00:47:21 what could happen. So what if the whole plan for Mark Carney is to come in, push off the democratic
00:47:28 process, stay prime minister, you know, lead the G7 meeting in Canada this summer, not have an
00:47:34 election, make this deal with Dugmik Singh, continue to promote their WEF agenda, their
00:47:38 globalist agenda. I mean, to me, it's like the nail in the coffin of Canada. And then maybe by
00:47:43 the time 2026 rolls around, he'll bail and do something else, leave the Liberal Party to someone
00:47:48 like Chrystia Freeland, and then they'll go down in flames. But, you know, we'll have to endure
00:47:52 another 18 months of this. And, you know, as bad as it is today, 18 months from it, one can only
00:47:57 imagine the damage that could be done to Canada. So what do you think of that scenario?
00:48:03 Well, it's absolutely possible. We've seen that the governor general would be willing to, you know,
00:48:09 delay an election and and jagmeet singh is not to be trusted considering his various flip-flops on
00:48:15 issues in the past but it just points to the cynicism the political cynicism that is happening
00:48:22 in ottawa and the amount of self-interest that the liberal party and the ndp have placed over
00:48:30 the interest of canadians over affordability over housing in every single uh sector the liberals
00:48:38 have put themselves and their political futures above the future of Canadians. We are in a crisis.
00:48:46 Canada is in a predicament that I'm not so sure it can get out of, at least not right away,
00:48:51 because we have a debt crisis. We have mounting debt. At this point, it's intergenerational debt,
00:48:58 not to mention the housing and the healthcare situation, the problem with our borders,
00:49:03 But the tariff threat, we're talking about a recession, a terrible recession.
00:49:09 And here we are discussing politicians who are willing to delay Canadians' choice because that's what we're talking about.
00:49:18 An election. Canadians deserve a choice by this point, given we have we have a prorogue parliament and nothing is working.
00:49:25 The government is going to reach a deadline for spending and Canadians need to have a say.
00:49:30 okay I'm not to make this too personal with you Cosm but you know there's a there's a
00:49:37 we did a survey a poll that True North published that found that almost half of young men so
00:49:43 Canadian men aged 18 to 34 you fit into that demographic said that they would take American
00:49:48 citizenship if it was offered so you know you don't have to say for yourself personally but
00:49:53 you know among your friends when people you know like do you think that a lot of young men in this
00:49:57 country have simply just given up on Canada? Well, it's funny you mentioned that because
00:50:02 literally two weeks ago, I have a friend, a longtime friend from Ontario, who was a licensed
00:50:10 electrician. He did his apprenticeship, you know, he did trade school, etc. And he was a practicing
00:50:15 electrician making a decent wage, but he moved to the to the United States, he moved to Michigan
00:50:22 two weeks ago so i have a real life example i've i have friends who have left the country not for
00:50:28 the united states but for other countries and it's absolutely true young people but specifically
00:50:34 young men do not see a future in canada because they don't see a a place where they can own a 0.99
00:50:41 home where they can build a business it's it seems to be all rigged against them and there are
00:50:46 virtually few or to none politicians who are speaking for them. These are individuals who
00:50:55 build the country. They work the jobs that keep things going, keep the infrastructure built,
00:51:00 keep the lights running. And that's who we need to keep in this country. But all we're doing is
00:51:06 driving not only individuals away, but also investment, innovation, entrepreneurs with the
00:51:13 capital gains tax we're driving business away it's unbelievable like people are voting with
00:51:20 their feet and you can see it it's sad but at the same time it makes sense and i think there's like
00:51:24 a little bit of dissonance like i i talked to a lot of people about you know what what trump is
00:51:29 talking about a lot of people are like horrified by this idea of the 51st state and then you know
00:51:34 a few minutes later they'll be like oh by the way um i got a visa i'm gonna move to the states and
00:51:38 It's like it's kind of funny how, you know, when it comes to someone's own self-interest, they would take a better opportunity if they could.
00:51:49 I think even Mark Carney is backing away from that capital gains tax hike, which is really interesting.
00:51:56 Finally, I want to talk about before we wrap this up, Cosmin, is that, you know, one of the things that Mark Carney really promotes is his experience as the governor of the Bank of Canada.
00:52:07 I know you have forthcoming series on this topic, specifically what he was talking about
00:52:12 with digital currencies, kind of terrifying.
00:52:15 I think that for so many people, not just Canadians, but so many people around the world,
00:52:19 seeing what happened during the trucker convoy, seeing the Trudeau government, really the
00:52:24 mask slipped and we saw like the tyrannical face of a liberal government supposed to be
00:52:29 progressive and democratic.
00:52:30 and I think one of the worst atrocities that happened during that entire episode was the
00:52:38 freezing of bank accounts and the confiscating of money it was kind of scary the fact that like
00:52:43 how easy it could be for the government to just snap its fingers and take your money and you know
00:52:49 I think that that's something that will follow Christia Freeland around for the rest of her 0.98
00:52:52 political career but why don't you walk us through a little bit on what you've been researching and
00:52:58 I want you to give us a little tease for the next installment in your series on Mark Carney.
00:53:04 Sure. Yes. So our next installment will be Mark Carney's views on central bank digital currencies.
00:53:10 And in summary, he essentially advocates CBDCs to be the future of money.
00:53:17 He's definitely not a member of the Austrian School of Economics.
00:53:22 He's not this libertarian type.
00:53:24 He downplays gold. He downplays cryptocurrency. He wants to see everything centralized under global bank governance and that to be the future, to get rid of cash, paper cash, and have this system where we have central banks issuing digital currencies that are not true cryptocurrencies in the sense that we talk about Bitcoin or Ethereum or any of the other coins out there.
00:53:52 they are almost dupes because they are controlled they it's not a decentralized system it's a
00:53:59 centralized system and they don't have the privacy inherent to cryptocurrency right that's where the
00:54:04 crypto comes from essentially hidden in a sense and of course there are downsides to that with
00:54:11 the criminal elements but Carney advocates for CBDCs and he lays it out plainly it's all over
00:54:19 the book. And this is, in his mind, the future. And we know the Liberal government has taken steps
00:54:25 to issue to the Bank of Canada to investigate this and, you know, potentially lay out a future
00:54:33 plan for Canadian digital currencies. If I recall correctly, they sort of downplayed it and said
00:54:40 that, oh, this isn't feasible right now. But given Mark Carney's advocacy of this, and he's advocated
00:54:47 as a person in finance for this type of model for the future of money. I suspect that it is
00:54:53 definitely within the works of a potential national policy if he becomes prime minister.
00:54:59 Well, that's the kind of thing I'm worried about, that he gets elected and then he stalls an
00:55:03 election. It gets placed in by the Liberal Party, I should say, and installs the election so that he
00:55:08 can implement something like that. It's really terrifying because, you know, every penny is
00:55:12 controlled by the state, the government. They know what you're spending money on. They can
00:55:16 turn it off whenever they want. They deem that you've done something wrong, as they did during
00:55:21 the trucker convoy. So, you know, I'll play this one clip because Kian Bextie caught up with UK,
00:55:28 former UK Prime Minister Liz Truss when he was down in Washington, D.C., and she put out a strong
00:55:34 warning to Canadians to avoid Mark Carney to not go down the path. She said it would be disastrous
00:55:39 for Canada. This is someone who knows she was Prime Minister when he was the governor of the
00:55:45 Bank of Canada. Let's play that clip. Wanting to get your thoughts on Mark Carney and your
00:55:49 relationship with him while you were prime minister of the United Kingdom and any advice
00:55:54 you have to Canadians who think he might make a good prime minister. Well, Mark Carney was
00:55:59 governor of the Bank of England and under his tenure, too much money was printed, which did
00:56:04 damage to the British economy and put our economy off track. He, at the last election, endorsed
00:56:11 Rachel Reeves' economic policy. She's now become Chancellor. It's been a disaster for Britain.
00:56:17 The country is heading for bankruptcy. So I would strongly recommend not backing Mark Carney
00:56:23 or his policies on net zero, which have been disastrous for Britain, would be disastrous
00:56:28 for Canada. It's not just Liz Truss. There was an op-ed written in the Spectator magazine in the
00:56:34 UK on January 7, 2025, with a headline saying, Mark Carney is not fit to be Canadian Prime
00:56:41 Minister. This is written by Matthew Lynn, who's a financial journalist in the UK. And he goes on
00:56:47 and on about basically just how bad he was at this job, how harmful it's been for England,
00:56:53 how ideological he was in pushing these net zero policies and the green agenda. I mean,
00:56:58 I think coupled with his idea of a digital currency, and then the fact that he's had a
00:57:04 hand in destroying the British economy, I mean, the Prime Minister said right there,
00:57:07 They're heading towards bankruptcy because of him.
00:57:10 I'll leave the last word on this to you, Cosman.
00:57:14 Sure.
00:57:15 You mentioned the Freedom Convoy, and I'd like to point back to February.
00:57:19 I think it was February 7th, 2022.
00:57:22 In the Globe and Mail, Mark Carney wrote an op-ed, and its title is this verbatim.
00:57:29 It's time to end the sedition in Ottawa by enforcing the law and following the money.
00:57:34 And he writes in that op-ed about gutting the financing of the Freedom Convoy, and when we know the measures that Christy Freeland introduced and the Emergencies Act introduced, treating ordinary Canadians, evidence is clear, over 80%, if not 90% of the donations came from just regular people.
00:57:57 It was a regular people funding this convoy and treating them like terrorists, like they're involved in money laundering, like they're criminal organizations. And Mark Carney, and we've talked a lot about holding him to his own words, advocated for this in very plain language.
00:58:17 And here he is talking about in his book about introducing a central bank digital currencies.
00:58:24 You know, any thinking person just needs to connect the dots there.
00:58:29 Well, it's a pretty terrifying idea, Cosmin.
00:58:32 I appreciate all the hard work and the excellent reporting that you do over at TrueNorth and exposing all of this.
00:58:37 Thank you so much for joining this show today.
00:58:39 I hope that none of this comes true.
00:58:40 I hope these predictions don't happen.
00:58:41 But I think if Mark Carney, if things go to plan, which is that he will be selected and placed in as a prime minister next month, this is where we could be headed as a country.
00:58:50 So thanks for your time today, Cosman.
00:58:52 Thank you, Candice.
00:58:54 All right.
00:58:54 We'll leave it at that.
00:58:55 And we will be back again tomorrow.
00:58:57 We've got a very, very exciting and special episode for you tomorrow.
00:59:00 You're going to want to check that out.
00:59:02 We have Pierre Polyev.
00:59:03 It is sit down exclusive interview.
00:59:05 So I'm very, very excited for that coming out tomorrow.
00:59:08 Thank you so much for tuning into the podcast.
00:59:09 I'm Candice Malcolm.
00:59:10 This is the Candice Malcolm Show.
00:59:11 Thank you and God bless.