00:05:35.580We don't want to, you know, dance around this.
00:05:38.100We put out the news release, Franco Terrazano and his team there in Ottawa did an immense amount of work calculating these potential pensions.
00:05:45.080And again, this is the upper limit, right?
00:05:47.520It's the parameter that if all of them lost their seats, which is highly unlikely, this is how much the taxpayers would be on the hook for.
00:05:57.560But we have to notice the forest along with the trees here.
00:06:01.160And of course, this would play into somebody's decision whether or not they want to, say, continue to support the Trudeau government.
00:06:07.900If they're going to be lined up for a big pension in just a few more days, why not just hang in there?
00:06:13.840There are very few members of Parliament who've been able to withstand that temptation, credit where it's due.
00:06:21.340The former Prime Minister Stephen Harper took a big hit on his personal pension.
00:06:26.220I can't remember how much money it was, but it was big time, like seven figures, something like that, over his lifetime for his pension.
00:06:33.440So there are some members of Parliament who do walk the talk, and they are in it for pension reform, but they're pretty few and far between.
00:06:41.960Yeah, and I'll give those numbers you just alluded to that Franco crunched here.
00:06:47.000There are 80 members of Parliament who will become eligible in that week, who will become eligible on October 21st, 2025, 80 of them.
00:06:56.320Now, of those, I think it's about 30 or 33 that were Conservative.
00:07:00.240So most of them, very few Conservatives are saying they're not running again.
00:07:45.460You know, are they going to live to 80, 85, 90?
00:07:47.640And then you go through all the different numbers of MPs and that's how you do this math.
00:07:52.160And so I think that's why it's really important that Franco put out this piece this morning.
00:07:56.080So, yes, we understand the politics and the chess match that is happening right now.
00:08:00.220But we also understand the math and the cost to taxpayers behind it.
00:08:04.700I think I just saw before we jumped on here, did the opposition leader, Pierre Polyev, call this bluff and say that, no, let's move it up even earlier.
00:08:13.480So we don't run in to the religious ceremony and festival, but you're still not hitting the pension date.
00:08:32.640So, OK, taking off my CTF hat a little bit here.
00:08:35.980I was on Parliament Hill working there through a couple of different political blow ups, you'd call it.
00:08:41.660So I remember when suddenly the Canadian Alliance, a lot of people within the Canadian Alliance lost faith in their leader Stockwell Day and a lot of party stalwarts got up and left and they went and sat by themselves.
00:08:55.720I remember when Belinda Stronick, who actually ran for party leader, it's not like she was just some random no-name backbencher, when she dramatically crossed the floor.
00:09:04.560We all got to see Peter McKay with his dog in his potato field.
00:09:07.980Like, politics sometimes isn't boring.
00:09:09.940My point of all of this is, is before that happened, everything seemed fine.
00:09:15.900So on the surface, the duck is cool and calm and collected, but underneath the surface, they're just going like this.
00:09:22.480And so everything's fine until it suddenly isn't.
00:09:26.080And so the same way that we saw the carbon tax vote, getting all of those members of Parliament on the record, yay or nay, are you for or against the carbon tax increase?
00:09:57.400And again, I gave my little civics one.
00:10:00.020Candace Malcolm always calls me the in-house political scientist because I just have a tendency to take all of these like salacious political topics and just frame them in the most boring technical terms possible.
00:10:08.680But I've said at any time there could be an election, so we're not bound by this.
00:10:13.340But that supply and confidence agreement with the NDP and the Liberals has been pretty ironclad so far.
00:10:19.280I mean, Justin Trudeau, I'm convinced, and you and I have spoken about this before, that he's a burn-it-all-down-on-the-way-out kind of prime minister.
00:10:26.520I actually don't think he cares about his MPs' pensions.
00:10:29.240I think that he wants to just pick the moment that's going to be best for him.
00:10:32.720And if it costs a few dozen Liberal MPs their pensions, so be it.
00:10:39.220But I do think it says a lot about the entitlement mentality you see in the House of Commons and you see among MPs.
00:10:45.880And look, I'm not going to say conservatives are immune.
00:10:48.260I mean, there were a lot of these fire-breathing reformers that were elected in the 90s and then alliance candidates in 2001 that were big crusaders against this sort of stuff but then benefited from it the second they were in the door.
00:11:01.900They sure did, and a lot of them were part of a majority government, and we didn't see a lot of dramatic reform.
00:11:08.640Again, credit where it's due, we did see some.
00:11:11.180Some folks are pretty sticklers to their principles, and so we did see some.
00:11:16.120But no, this has got nothing to do with the color of the jersey.
00:11:19.120This has got everything to do with power and money.
00:11:22.220And in this case, those who are currently holding on to power are in line for an awful lot of money for the rest of their lives.
00:11:31.700If only they move this little election date up just a little bit further.
00:11:37.960We'd be silly to think that this does not play a role here.
00:11:41.080Sure. You mentioned Prime Minister Trudeau in this sense, and this is where I wanted to bring it back to political activism and peaceful grassroots activism.
00:11:50.920I was describing all the pressure these MPs are under, and we're seeing that with polls, right?
00:13:29.920No, I was allowed to maintain my residency in London.
00:13:32.440They didn't go full, like, G20 on me and, like, shit me out.
00:13:35.640They didn't give me the old David Menzies and drive me out to the outskirts and dump me in a parking lot or anything.
00:13:40.320But they did say, you know, you're not welcome here, and that's fine.
00:13:44.280Well, it's not fine, but I'm just moving on to what I wanted to say here, which was that we heard that Liberal MPs were quite frustrated with the status quo in their party.
00:13:54.640And, again, how they have been so silent.
00:13:57.520I mean, hurting Conservatives is very, very, very difficult.
00:14:01.760I mean, Stephen Harper was probably the best at it, and even he had a lot of trouble with caucus members that were just a little bit rambunctious.
00:14:08.720Hurting Liberal, they are a conformist people.
00:14:42.460I know we're geeking out here politically speaking, but the fact that the Atlantic caucus of the Liberal Party said, hey, Trudeau, we're not going to be paying this carbon tax here, boy.
00:14:53.500Like, all of our constituents are really mad at us.
00:14:56.460We've been hearing about it over the summer.
00:15:02.740All of those little gatherings over the summer, they still call them box socials, I'm not kidding, and the picnics and all that stuff.
00:15:11.200They would have been hearing from a lot of their hardcore Liberal Party supporters in Atlantic Canada, and they got an earful.
00:15:18.720And they turned around and gave Prime Minister Trudeau an earful.
00:15:21.640And magic, he carves out a carbon tax exemption for their primary home heating fuel, which, of course, is oil.
00:15:30.000So for him to blink on that showed that there is a division within that caucus, that he will cave to pressure, and he had to admit that the carbon tax is a financial burden to people.
00:16:11.420Let me play this clip of, well, let's just let the clip speak for itself here.
00:16:16.880The plan that your government laid out post-2019, the 2019 election, got us to 2030, and the targets that you've set out to 2030.
00:16:25.580And that is when the price on carbon will reach $170 a tonne.
00:16:29.880Do you intend for that price to continue to go up, since you do see this as such an integral part of your climate policy, beyond 2030 to help Canada reach its 2050 target?
00:16:38.660So we haven't made a decision on that.
00:16:41.820We've started consultation to prepare the next phase of emission reduction, so post-2030 in Canada, in fact, going to 2035.
00:17:26.240I do love the profound irony here of him giving a lecture on global warming while he's, like, puffed up like the blueberry girl in Willy Wonka.
00:17:35.460Like, basically, he's on the verge of just taking off off the ground he's so puffy while talking about how we need to tax more because it's so warm outside.
00:17:43.740Yeah, it's late March, and you're basically jigglypuff there with your big giant parka.
00:17:48.240But nevertheless, what do you make of that?
00:17:51.080I mean, literally, this is an infinite carbon tax and an infinitely increasing carbon tax.
00:17:56.360Yeah, I was noticing his downfilled, likely downfilled parka there, too.
00:18:27.400So, folks, regardless of political party, again, I hate to break this to people, but I think I need to because we're getting some feedback of, oh, well, look at the rebates.
00:18:37.180So, politicians sometimes don't tell the truth.
00:18:42.000They do this so often that we have a mascot for them that looks a lot like that Italian fable of the wooden boy who couldn't tell the truth and his nose kept growing.
00:19:16.340The only thing that would stop them, I think, is a strong rebuke from their own constituents.
00:19:22.600Again, we would have to crack through that fissure of influence, I think, and get through to those members of parliament and get those members of parliament to convince their prime minister to change his ways on this.
00:19:44.680I actually think that that risk is not zero.
00:19:47.560I do think the politicians do change their mind when they realize their own job is on the line.
00:19:52.020This could happen because the NDP in British Columbia used to rail against the carbon tax, and now they love it that they're in government.
00:20:00.400The NDP here in Alberta imposed a carbon tax on Albertans without warning, and now most of their political candidates...
00:20:08.160Oh, yeah, they're all scrambling to see who can oppose it the most.