ManoWhisper
Home
Shows
About
Search
Juno News
- July 04, 2025
Trudeau welcomed 17,600 CRIMINAL immigrants, media FLIPS on Canada + the END of EV mandates?
Episode Stats
Length
30 minutes
Words per Minute
188.00061
Word Count
5,774
Sentence Count
356
Hate Speech Sentences
12
Summary
Summaries are generated with
gmurro/bart-large-finetuned-filtered-spotify-podcast-summ
.
Transcript
Transcript is generated with
Whisper
(
turbo
).
Hate speech classification is done with
facebook/roberta-hate-speech-dynabench-r4-target
.
00:00:00.000
Hi, I'm Candice Malcolm, and this is The Candice Malcolm Show. Thank you so much for joining us,
00:00:06.680
folks, and thank you for tuning in to our fireside chat. So Key and Bexie, my co-founder here at
00:00:11.440
Juno News, came out to Ontario, joined me on the family farm, and we did a great interview. We
00:00:16.460
answered a whole bunch of questions. So if you haven't already, please consider going over to
00:00:20.440
junonews.com, become a premium subscriber, and then you can get all sorts of upgraded premium
00:00:25.880
content, including that fireside chat here all about our plans to replace the CBC and how we
00:00:32.300
are planning to do it. I want to talk about a bunch of different news items today. I'm going to get to
00:00:36.800
this crazy story in the Globe and Mail about 17,000 criminal immigrants who the federal government,
00:00:45.260
the liberal government, removed their criminal status so that they can stay in Canada because,
00:00:49.380
of course, it would be inadmissible. Otherwise, I'm going to get to that in a minute. But first,
00:00:54.080
I want to talk a little bit about Canada Day. I know it was Tuesday. I talked about it yesterday
00:00:57.880
on the show, and I put out that Dominion Day post on the day of. But I want to just sort of reflect
00:01:03.060
on how the legacy media, the liberal elites, treated our country, right? They act like they have
00:01:08.760
reclaimed Canada, that Canada is back, and that it is great to be patriotic and nationalistic again.
00:01:16.500
And I want to just start by saying that this is in complete contradiction to the way that they
00:01:21.440
have treated our country, treated our national symbols, and treated the very idea of being
00:01:25.900
Canadian for the last several years. They decided that being Canadian meant being racist, being
00:01:31.460
even genocidal, that the flag, the Maple Leaf, became a symbol of right-wing extremism and anger.
00:01:39.160
And so Ryan Gertzen over on X put together this perfectly, just showcasing exactly what the media
00:01:47.120
has said about the flag for the last several years. You can see here different headlines. You've got the
00:01:53.320
Toronto Star. Canada's flag appropriated as a symbol of right-wing rage. The Queen's University Journal,
00:01:59.180
the alter ego of Canadian freedom, has stained our flag. Next, we have another Toronto Star. When I see
00:02:05.460
the Canadian flag now, it hurts my heart as Freedom Convoy returns. There's a tug of war over the
00:02:10.420
Maple Leaf. Next, we have this Saskatoon headline. Convoy, federal government have shifted some people's
00:02:17.280
perspectives on the Canadian flag, according to a survey, Globe and Mail. Remember, those who wave
00:02:22.100
the Canadian flag do not get to define it for everybody else. I feel that way right now with the
00:02:27.700
elbows-up crowd. A couple more. CBC says debate over Canadian flag resumes as convoy protests return to
00:02:33.380
Ottawa. And finally, the Canadian flag and Freedom Convoy, the co-opting of Canadian national symbols.
00:02:39.980
So when conservatives wave the Canadian flag, it is a symbol of hatred and bigotry. But now that
00:02:45.900
Mark Carney's prime minister and the elbows-up crowd have taken it back, it is a great source of pride
00:02:51.740
for these people. And that is what we got a whole bunch of on July 1st. So here is Gary Mason
00:02:57.520
writing in the Globe and Mail, this Canada Day, we reclaim our flag. He writes,
00:03:02.620
not a long time after, whenever you saw a truck going down the street bearing a Canadian flag,
00:03:08.340
you likely thought, freedom convoy lover. Many of us were afraid to hang a flag outside our home
00:03:13.160
on Canada Day for fear of being associated with the bunch who had occupied our capital,
00:03:17.680
tried to bully our government, but not anymore. Perhaps the best thing about this Canada Day,
00:03:22.220
we have our flag back. May it never be hijacked again. Okay, so we get it. That's what the Laurentian
00:03:28.320
elite think. When blue-collar Canadians, hardworking Canadians, wave the flag, it is disgusting and
00:03:34.020
outrageous. But now that we have the Oxford-educated PhD, Mark Carney in government, and he did the
00:03:41.320
whole elbows-up shtick, we reclaimed the flag for the Laurentian elites. It wasn't just the Globe and
00:03:46.560
Mail. We have Martin Red Cone over in the Toronto Star. On this Canada Day, the Canadian flag is back.
00:03:52.920
He writes, the Maple Leaf is misappropriated no more. No longer is our flag being hijacked by a
00:03:58.680
political fringe, converging in convoys in our capital, raging and rampaging against COVID vaccines.
00:04:05.040
Today, our flag is finally liberated from that virus. The Maple Leaf has been repurposed for
00:04:10.040
patriotism, repositioned as a beacon atop Parliament Hill, instead of relegated to pickup trucks, blocking
00:04:16.560
parliamentary precincts. These people are obsessed with the Freedom Convoy. Like,
00:04:20.800
one protest by not even right-wingers, right? Just regular blue-collar people who didn't want to get
00:04:27.540
the jab. Regular people who were just tired of the control that the Justin Trudeau government had over
00:04:34.500
all of us, said enough is enough. And these people are obsessed with it. Like, they really, really want
00:04:40.040
to make it Canada's January 6th. And they've decided that anyone who was associated with that was just
00:04:45.280
beyond the fray. Again, it wasn't just the fancy newspapers. We also saw a whole bunch of TV reports
00:04:51.780
like this. So here is CTV's report. Canadians reclaim Maple Leaf flag amid Trump threats. There
00:04:59.520
definitely has been a surge of patriotism, Matthew Hayde, professor and chair of the Department of
00:05:03.340
History at the University of Guelph, said in an email to CTV, flying the flag is no longer raising the
00:05:08.480
same sorts of suspicions that the person displaying it harbors sympathy for right-wing causes. Right-wing
00:05:14.980
causes like loving your country and driving a pickup truck. I will show you this clip just to show you
00:05:21.400
what we're up against. Here is global news. Canadians reclaiming the flag on Canada Day. Let's play that
00:05:27.380
clip. It comes after years of the flag being co-opted by protests. Or the country being forced to take a
00:05:40.200
hard look at its colonial past. So you see, like, we're supposed to hate our country because they've
00:05:45.500
decided because of one hoax put out and picked up by the legacy media a couple of years ago that
00:05:51.200
we're genocidal and that we have to be ashamed of being Canadian. And yes, the flag represents right
00:05:57.300
wing truckers. It's almost like these journalists all have, like, a group text together and someone
00:06:03.260
sent out the memo. Maybe it was Mark Carney. Maybe it was someone on his staff saying, hey, guys, here
00:06:08.360
are the talking points for the day. Distribute them. And the legacy media just did what they do,
00:06:13.540
disseminate the Liberal Party message and tell their base, Canadians, people who are glued to legacy
00:06:18.760
media, hey, we've got our flag back. It's okay to be Canadian. We still see through it. And guess what?
00:06:24.460
The radicals out there, the people who are trying to make you hate Canada, make you think that Canada
00:06:29.960
is a genocidal country and that you should be ashamed of Canada, that you should be embarrassed
00:06:32.960
to be Canadian, that waving the flag is a right wing thing. Those people were still out on Canada.
00:06:39.240
They were still out on July 1st. So here, a couple of examples, the Waterloo School Board
00:06:44.080
encouraged settlers to reflect. So this is a message put out on their Facebook page. It says,
00:06:48.980
as we prepare to acknowledge July 1st as Canada Day, we celebrate and we reflect. We also encourage
00:06:55.040
those of us who are settlers of this nation, that would be everybody, to take this opportunity to
00:07:00.780
learn about Turtle Island, embrace the hard truths of our history, and make a personal commitment
00:07:05.620
towards reconciliation. We have a responsibility to understand our country's history and become
00:07:10.400
aware of the indigenous roots on which it was built. Together, let's take the understanding and
00:07:15.320
create a better future for all based on peace, friendship, and respect while upholding the
00:07:19.500
treaty rights of indigenous people, the first peoples on this land. So this is like a really
00:07:24.140
confused look at history, right? Like when I was in school, we learned that the natives in Canada,
00:07:29.160
the people who were here before the Europeans came across the Bering Land Bridge and that they were
00:07:33.600
originating from Asia and Mongolia. And those are the people that are here today. So presumably they
00:07:39.640
would be settlers too. And actually we don't know who the first people on the land were because maybe
00:07:43.920
there was another population before. We don't have that information, but to just decide that the
00:07:49.460
first nations here today are the indigenous people that it's called Turtle Island, I'm going to just
00:07:54.500
reject all of that. If you're celebrating Canada Day, you have to reject that. And you have to say
00:07:59.100
that the reason that we celebrate our country is because of the Europeans, the European settlers who
00:08:04.820
came here and built a country and built a nation. And that is what we're recognizing. We're not talking
00:08:09.920
about the millennia of wars, right? Human history is a history of warring people and tribes and the
00:08:17.420
people who win the wars are the ones who write the history and the ones who get to build the
00:08:22.200
institutions. So we are literally here because of the institutions of the Europeans, of our ancestors
00:08:28.240
who built this country, not because of the people who were here before them, who did not build this
00:08:34.460
civilization, who did not build this country. Sure. They were partners. Sure. They, they were there.
00:08:39.300
You know, they're, they're part of our society. They're part of our civilization. But if they want
00:08:43.120
to reject the fact that this is our country, I mean, then we have to do the same thing right back.
00:08:47.500
It is ridiculous. Next, we have another person, interestingly, from the Waterloo region's district
00:08:52.960
school board. I know from Waterloo, like what is up with your city and the people that it produces,
00:08:57.320
but an anti-racism educator named Selem Debs wrote this on X. This just totally went viral,
00:09:05.060
by the way, ratioed. This is what she writes on X. To celebrate Canada Day is to celebrate settler
00:09:10.620
colonialism, genocide, enslavement, oppression, violence, extraction, exploitation, and attempted
00:09:14.600
annihilation of indigenous peoples, along with 250 years of enslavement of black African peoples.
00:09:20.880
Is she talking about Canada or the United States here? Because my history, my recollection of history
00:09:25.260
is that Ontario was the first jurisdiction, I think in the world to abolish slavery some 50 years
00:09:30.660
before the British empire abolished slavery. And they were the first in the world. They actually
00:09:34.020
fought wars to end the slave trade because the slave trade was still alive and well in Latin America,
00:09:39.420
South America, and the United States. It was the Brits who were the first to do it. And guess what?
00:09:43.720
Canada was Britain back then. So it was us. It was my ancestors and British ancestors who fought
00:09:48.960
the slave trade. Our history is not that of 250 years of enslavement of black Africans. That is
00:09:55.940
just wrong. Next, she says, today should be an opportunity to teach your family, friends, and
00:10:00.680
children the truth. Unlearn and give back what is owed. Hashtag land back. Hashtag reparations now.
00:10:07.920
Interestingly enough, uncovered by Melanie Bettett over at Trunor. This person gets money from our
00:10:12.760
taxpayer-funded activists right here. Next, we had a student group holds an anti-Canada Day event in
00:10:19.960
Montreal, far left McGill University group, hosting an anti-Canada Day barbecue on July 1st. According
00:10:25.860
to this report in June news, the event promoted on social media by the Quebec Public Interest Research
00:10:31.960
Group at McGill University, of course, government-funded, taxpayer-funded, it was titled
00:10:35.500
Decolonial Anti-Canada Day Barbecue and Fundraiser. Give me a break, guys. This stuff is over.
00:10:40.760
Canadians are over with this. This is like peaked in 2022, and now it's on the decline. We don't care
00:10:46.480
about this stuff anymore. We don't want to hear your whining. This stuff belongs on like the fringes
00:10:51.400
of university campuses. I'm glad it's happening at McGill and nowhere else. Leave it on those
00:10:56.560
university campuses. According to the organizers, the proceeds of the event will go to local
00:11:02.680
decolonial struggles. Okay, I wanted to move on and talk about this bombshell report in the Globe
00:11:09.000
and Mail. Thousands of foreigners' criminal convictions were forgiven by Ottawa over 11
00:11:13.260
years of his span, raising transparency concerns, written by Mary Wolfe in the Globe and Mail,
00:11:18.960
published on July 2nd. This story is unbelievable, folks. It's like, just when you think that the
00:11:23.940
immigration system wasn't bad enough under Prime Minister Justin Trudeau, you learn about this,
00:11:28.360
and it just absolutely makes your blood boil. So let me just read from this Globe and Mail report.
00:11:32.400
More than 17,500 foreigners had their criminal convictions forgiven by the Immigration Department
00:11:37.940
over the last 11 years, removing a bar to coming to Canada. Federal government figures show disclosure
00:11:43.500
has raised transparency concerns about the type of offense they committed. Foreigners are, in general,
00:11:48.500
inadmissible to Canada if they've been convicted of an act that is considered a criminal offense in
00:11:52.600
this country. But Immigration, Refugee, and Citizenship Canada, it used to be called CIC when I worked
00:11:56.660
there. It's now called IRCC, has the power to grant an exception if five years have lapsed since a
00:12:03.660
person was convicted or finished their sentence. Okay? So if you've been five years without a criminal
00:12:08.400
record, the department can make an exception, but it has to be a one-time exemption. They actually
00:12:13.900
have to look at what your crime was. Government figures show that in the 11 years up to and including
00:12:18.120
2024, 17,600 people convicted of criminal offenses abroad were considered rehabilitated by the IRCC.
00:12:25.340
This meant that they were able to apply to Canada either through work or visa studies as permanent
00:12:31.240
residents or visitors. IRCC has not, however, released a breakdown of the kind of criminal
00:12:35.360
offense that were forgiven. It's said in a statement to the Globe and Mail that the immigration minister
00:12:39.020
would be involved in decisions relating to the most serious offenses. Last year, 1,390 people had
00:12:47.360
their criminal convictions forgiven by IRCC, while 105 applicants were refused. In 2023, 1,500 people were
00:12:54.760
considered to have been rehabilitated while 70 applicants were rejected. Conservative Immigration
00:12:59.840
Minister Michelle Rumpel-Garner said there needs to be more transparency about the type of convictions
00:13:05.320
being forgiven and the circumstances of each case if the public is going to have any confidence in the
00:13:11.000
immigration systems vetting process. I'm sorry, I don't speak for all the public, but I know a lot of
00:13:15.820
people do not have confidence in the system. When you see a story like this, heck, even before you see a story
00:13:20.380
like this, when you look at what's happening in our country with the break-in enters, with the home
00:13:24.320
invasions, with the car thieves, with criminals running rampant all over our country, this didn't
00:13:29.540
happen 10 years ago, right? And so we know that the government just let a whole bunch of criminals
00:13:34.420
into our country, and now it is being confirmed. I don't know how they can ever regain that confidence
00:13:39.160
in our immigration system. I'll continue to read, there have been questions about the adequacy of vetting
00:13:44.780
of many classes of people entering Canada, she said, adding that she may raise the issue at the
00:13:50.200
Commons Immigration Committee when Parliament resumes from its summer break. Foreigners applying to have
00:13:54.880
their crimes forgiven must show that they are unlikely to take part in future criminal acts,
00:14:00.160
according to IRCC. The department considers the number of offences and circumstances and seriousness
00:14:05.840
of each one, IRCC said, as well as the applicant's behaviour since the crime was committed.
00:14:11.760
IRCC said it also looks at the support they receive in the community, as well as the applicant's current
00:14:17.840
circumstances. The decision to approve or refuse an application for rehabilitation for less serious
00:14:23.520
offences is generally made by an IRCC official with the appropriate delegated authority, while decisions
00:14:29.660
for more serious offences are made by the immigration minister, said the spokeswoman Nancy Karen.
00:14:36.700
Okay, this is unbelievable. So 17,000 criminals in Canada, the government just said, hey, don't worry
00:14:43.040
about the criminal record. Let's just let them through. Don't worry about it. Don't look at it.
00:14:46.760
They won't even give us a breakdown. Look, I am open to admitting that, hey, if someone was convicted
00:14:51.360
of a crime, say like a political crime, say whether a political criminal in China and they come to Canada
00:14:55.940
and Canada says, look, we don't consider that to be a real crime. That's BS. We're going to forgive that
00:15:00.640
crime. I'm here for that. I'm okay with that. That's okay. That's something that we should be doing.
00:15:04.560
But that's not what's happening here. And the fact that the minister won't even say so, that they won't
00:15:09.480
have any transparency, that they won't let you know how many of these people were actually violent
00:15:13.720
criminals, victims, perpetrators of crimes where there are victims, like sexual assault, aggregated
00:15:20.060
assault. So like, we don't even know. We don't know. The fact that the ministry had to look at each
00:15:25.120
individual case and the minister, I highly doubt that they looked at 17,000 cases. I just don't believe
00:15:31.560
that. And so the idea that they just kind of like rubber stamped everyone, this is unbelievable.
00:15:36.900
This is scary. This is dangerous. This is just reason number 10,000 why the Trudeau government
00:15:42.040
was absolutely reckless when it came to immigration. They absolutely destroyed the system and our
00:15:47.720
country. Let me just read a little bit more from this gold male piece. To protect Canadians and in
00:15:52.960
the interest of transparency, IRCC should be open about the type of convictions that have been forgiven,
00:15:57.700
said Richard Curlin, immigration lawyer based in Vancouver. In many cases, particularly convictions
00:16:01.860
in authoritarian states for political offenses, rehabilitating a person is justified, he said.
00:16:06.240
Some crimes are minor, he added, and committed decades ago by people who have never re-offended.
00:16:11.180
But he said applicants convicted of crimes against the person, including sex offenses and domestic
00:16:16.120
violence, should face a higher level of scrutiny. If they enter Canada and cannot be removed for a
00:16:22.000
considerable period of time, people could be at risk. The issue is highly relevant, he said,
00:16:26.140
with people with criminal convictions facing deportations from the United States, they may
00:16:30.080
seek coming to Canada. Yeah, no doubt. They read this story in the Global Mail yesterday and said,
00:16:35.540
hey, yeah, I may be part of Trendy Aragua or some other immigrant gang group in the United States.
00:16:41.280
Why would I leave and get deported back to my country when I just go to Canada? They'll probably
00:16:44.820
just forgive my criminal record. Anyway, this is just another reason why Canada, it's just not a
00:16:52.100
serious country. Like, a serious country doesn't do this kind of thing. A serious country removes people
00:16:57.460
who are criminals. Or, hey, how about not letting them in in the first place, bringing in more
00:17:02.020
screening, bringing back more checks on people, stop them from coming in the first place. It is
00:17:07.640
absolutely outrageous. Okay, I want to jump to a special interview that I did with a Juno News sponsor.
00:17:15.040
So let's go over to that. Okay, we're going to change gears here a little bit and talk about the
00:17:21.600
green economy and many of the scams that come with it. And to do that, I'm pleased to be joined
00:17:26.540
by my guest today, Jonathan Wellam. Jonathan is the founder and CEO of Rocklink Investment Partners.
00:17:32.980
Rocklink is an independent wealth management firm that helps clients grow and protect their savings
00:17:37.280
through carefully researched long-term investments in strong, stable companies. And folks, I'm very pleased
00:17:43.440
to announce today that Rocklink has become a sponsor of Juno News. Rocklink shares our values. They are
00:17:50.060
investors that share the values of Juno News and the values of our audience. They focus on
00:17:54.320
discipline, medium to long-term investments for their clients. And so Jonathan was named in the 40
00:18:01.440
under 40, interestingly, back in the 90s. And he is one of the best in the country. So Jonathan,
00:18:06.740
thank you so much for joining us. And thank you for sponsoring our network and our journalism here at
00:18:11.160
Juno News. Terrific. Thank you very much, Candice. It's a privilege to sponsor Juno News. We really
00:18:16.620
appreciate the alternative news. As I don't have to tell you, the mainstream media in Canada is really
00:18:22.280
bought and paid for by the political establishment. And we need good objective information in the
00:18:28.300
marketplace. So thank you very much for the work that you're doing. Well, you had an interesting op-ed
00:18:33.880
over at Juno News the other day, the resource boom and the green agenda. You said that the green agenda
00:18:39.140
is nothing but a smokescreen. The left's obsession with renewables has little to do with saving the
00:18:43.840
planet, a lot more to do with controlling people's lives. A little bit of good news on that front.
00:18:48.380
Yesterday, we had Brian Kingston, who's the head of the Canadian Vehicle Manufacturers Association.
00:18:53.060
He was heading into a meeting, Prime Minister Mark Carney. And I was pretty surprised by what he said.
00:18:59.280
He said point blank that the Liberals' mandate, EV targets, was not sustainable and that it probably
00:19:06.480
had to go. Let's play that clip. I'm here to talk about the importance of the auto sector and
00:19:11.640
ensuring its continuing success. Is the EV rebate dead? Is the EV mandate dead? We'll be discussing
00:19:17.960
EV mandates, of course, as well as a range of other policies to make sure the sector succeeds.
00:19:23.140
Do you think that's sustainable, though? Well, the EV mandate itself is not sustainable. The targets
00:19:27.880
that have been established cannot be met, and that will be part of the discussion. What will you be
00:19:32.640
asking the Prime Minister for? I'll talk to you when I get out. So you heard it there,
00:19:37.800
Jonathan, that the mandate is not sustainable. The Liberal government target is 100% zero emissions
00:19:45.460
vehicle car sales by 2035, which might seem, you know, in the distance. Really, we're talking about
00:19:50.180
10 years. They want to get rid of gas-powered cars and automobiles. It seems absurd, ridiculous.
00:19:57.520
It hasn't been scrapped already. So I'm wondering what your thoughts are on that.
00:20:01.600
Yeah, the EV mandates are absolutely ridiculous and not workable. So you can look at everything
00:20:08.220
from the cars and how batteries operate in cold climate like Canada and the distances that we have
00:20:14.980
to drive and the lack of technology really behind the cars to the needs that are required in terms
00:20:21.920
of mining and extracting resources to develop the batteries, the nickel, the copper, the cobalt,
00:20:27.340
I mean, magnities, you just go on and on, all of these different resources that are really not in
00:20:32.280
large supply. So we have short supply on them. To the ability to plug in and our electrical grids
00:20:38.660
are not sufficient. Also, in terms that they take all of the electrical demands. I mean, we have
00:20:43.880
governments across our country in different provinces telling us to turn, you know, turn down
00:20:47.680
the power when it gets hot now in the summertime. How are we going to plug in all these vehicles?
00:20:51.980
And then you have the United States, which is our most important trading partner.
00:20:55.180
We've got a lot of the cars that come from the United States. They have turned their back upon
00:20:59.480
all of these mandates. And so they're not going to be producing these cars. So on every single level,
00:21:04.900
it makes no sense to mandate to 2035. They should leave it to the market. There's many technologies
00:21:12.100
that are developing everything from hydrogen to EVs. There's other alternatives that will develop over
00:21:17.560
time and let the market determine the pace at which it should go. Government should get out of it.
00:21:22.940
They don't have a clue what they're doing. And the money that they've put into these battery
00:21:26.580
facilities in Ontario in particular is outrageous. And that's, again, going to be proved to be,
00:21:33.220
you know, to basically take our money and to squander it. So, yeah, I agree with that analysis 100%.
00:21:40.520
Well, I'm curious to hear your thoughts on Prime Minister Mark Carney and his negotiations with
00:21:48.980
President Trump, because we saw basically humiliation or turnaround with the digital sales tax,
00:21:55.460
which I can't believe that Carney didn't retroact, like get rid of it, you know, before having these
00:22:00.600
conversations with Trump. We know that the Americans don't want these extra taxes. They don't want
00:22:04.100
their industries to be punished by Canadians. So, you know, the fact that he doubled down on it only
00:22:09.840
to have to reverse under Trump, I wonder if the same thing will happen with this EV government target
00:22:16.520
for 100% electric vehicles. What do you think of all this?
00:22:21.740
I believe that would be exactly the case because it's impossible. It's not workable. And Canada can't
00:22:27.240
operate in a void and a vacuum from the United States. And when it comes to almost any industry.
00:22:32.440
And what Carney did in terms of the digital tax service was just outrageous. I mean, he knew Donald
00:22:37.980
Trump did not like it. The Biden administration did not like it. And then they had the nerve to put
00:22:43.580
that in, you know, up in front of Trump at the same time we're negotiating and then go back a couple
00:22:48.020
of years and think that they were not going to irritate Trump in the middle of negotiating tariffs
00:22:53.360
where we need to be protecting as best as possible our manufacturing sector and some of our resource
00:22:58.140
sector and having better positions in terms of leverage. And we gave that away by just being
00:23:03.820
absolutely foolish. And so, I mean, again, Mark Carney is just demonstrating that he's incompetent.
00:23:09.160
And I think people are going to realize that when you put a central banker into position like that,
00:23:15.680
just because they have a lot of degrees and they, you know, they look like their resume is full,
00:23:19.900
central bankers are notoriously big government. Their ideology is that it should be top down.
00:23:26.120
They're not bottoms up. They really don't understand the free market economy. It's all
00:23:30.480
about control. And that's what central bankers do. And so I think, you know, Canadians are going to,
00:23:35.180
again, continue to be shocked and horrified at the liberal government that it is an extension of
00:23:39.600
Justin Trudeau, just with someone wearing a different suit, maybe not as fancy socks, but
00:23:44.580
it's the same, it's the same thing. So I think Carney will have to back off because that is reality.
00:23:49.980
At some point, reality does settle, set in, and you cannot pretend that the reality is something
00:23:57.000
different.
00:23:59.200
Well, I think for so many Canadians that reality is settling in that, you know, as much as the media
00:24:05.360
lauded Justin Trudeau for being progressive and woke, the impact of that on Canadians has been a
00:24:12.300
sheer disaster, specifically just with the cost of living, like everything is more expensive because
00:24:16.360
of their inflation and their printing of money, right? The mass opening of the immigration borders
00:24:21.400
means that it's hard to find a place to live and everything is more expensive. So I'm wondering if
00:24:26.440
you can comment on the liberal policies, how they have created this cost of living crisis, and what are
00:24:32.180
some things that you're watching and that you hope this Carney government might do differently than
00:24:36.200
Justin Trudeau?
00:24:36.900
Yeah, I think the major issue is if you're influencing the economy, the government should
00:24:44.220
not be running the economy, the private sector should run the economy. But if you're influencing
00:24:47.880
the policies, the regulatory regime on a private economy, and it should be geared to producing
00:24:54.620
and production and making more things. If you're not into growing the economy and producing more
00:25:01.220
products and services efficiently, more effectively, then you're going to be putting a stranglehold on the
00:25:06.280
economy. So if you look at what Donald Trump is doing in the United States, what's he doing?
00:25:09.880
How am I going to bring capital back? How am I going to loosen regulations? How am I going to
00:25:13.720
encourage his businesses to set up shop here? How am I going to lower their costs by, you know,
00:25:18.200
drill baby drill, keeping energy costs down? That's what we should be focusing on. So what,
00:25:23.160
what Justin Trudeau did over the last, you know, his nine to 10 years in power was he scared capital out of
00:25:29.080
the country, put more regulations on, he increased costs of doing business, of increase, you know,
00:25:33.960
building homes and so forth. So, and so what's happened is, you know, you can't redistribute
00:25:38.760
that which you don't produce. And so the focus should always be on production. The biggest issue
00:25:43.480
for Canada is how do we get capital back into our resource sector? How do we develop our uranium,
00:25:49.080
our oil, our gas, our copper, our gold, and so forth? All of these resources, lumber, timber,
00:25:56.280
how do we, again, continue to produce aluminum at the best cost possible? We've got some of the best
00:26:02.200
assets in the world. But if you scare the capital away, and you don't make it easy to develop these
00:26:07.160
resources, of course, money is going to leave the country, it's going to go elsewhere. And I think as
00:26:12.760
Pierre Polyev said in the last election, I mean, we chased 500 billion at least of capital out of the
00:26:18.520
country over the last number of years. And we're paying up for that now, because it's putting a
00:26:23.880
stranglehold on our GDP, we're not growing our GDP. And it's hurting our productivity. And so if you're
00:26:30.200
not growing, and you're not being more productive, you're not putting capital in, you're going to
00:26:34.760
really hurt the economy. And that's exactly what's happened. So for Carney has to do first thing he
00:26:38.840
should be doing is listening to Danielle Smith, and Scott Moe and opening up as many projects as
00:26:44.680
possible to develop our resources, the capital would come back. And we would see a large uptick
00:26:50.520
in growth in the economy over the next two, three years, if you were to do that.
00:26:53.720
I'm curious to hear your thoughts on Carney's new Bill C5, which really just forces moves to force
00:27:03.480
big natural resource projects through he says he wants to make Canada an energy superpower,
00:27:07.720
it even made Danielle Smith seem optimistic. She came on my show and said that, you know,
00:27:13.400
Mark Carney seems to be nothing like Justin Trudeau. So do you think that this is a step in the right
00:27:18.280
direction? Do you think he's actually going to follow through with it? Can he convince the radicals in
00:27:21.960
his own party? I mean, Stephen Gilboa is still in cabinet. You know, how can he circle that square
00:27:27.240
within his own party? And do you think that he'll actually do what he's saying he's going to do?
00:27:32.600
And I haven't been able to look at the Bill C5 in detail. But my understanding is, instead of
00:27:38.200
allowing the private sector to thrive and make the decisions, it's going to be top down again,
00:27:42.360
it's going to be through Ottawa, and that will not maximize the opportunity at all. That's the biggest
00:27:47.640
problem I see with Bill C5. Again, having not looked at it in a lot of detail. But we do not
00:27:53.880
want major projects going through Ottawa. And we don't want them deciding what projects are going
00:27:58.760
to be developed. And we don't want, you don't need Ottawa's money. And so the focus should ultimately,
00:28:05.640
private sector, let the private sector decide. They are the ones that will take the risk. They will also
00:28:10.520
build these projects at much lower costs, and free up the regulations. And that's, I think,
00:28:16.120
that really the focus it should be. Again, they have a hard time giving up that kind of power. I
00:28:20.440
mean, Carney, he wants to, again, control top down. And that's going to be a big hindrance to any
00:28:25.480
development of our resources. Well, this is Jonathan Wellam, the founder and CEO of
00:28:31.640
Rockling Investment. Jonathan, why don't you tell our audience a little bit about Rockling and how they
00:28:35.480
can find you? Sure. The best way to find us is on the internet, rocklink.com, which is link with a C at
00:28:44.040
the end. So it's a little bit different, R-O-C-K-L-I-N-C.com. And you can email us just at info at rocklink.com.
00:28:51.480
We're registered across all 10 provinces. We're disciplined, long-term money managers. We have
00:28:56.840
an exceptionally good track record. And we have clients right across the country. And so if you're
00:29:02.840
not sure about your investments, not happy with your current advisor, you want someone to review
00:29:07.880
your investments for free and see where you stand, then just contact us. We're all conservatives and
00:29:14.200
focused on building wealth and protecting your wealth from the different challenges that we have
00:29:19.480
out in the marketplace, everything from the government to inflation and so on. So we're not
00:29:23.400
afraid to go into sectors that a lot of people aren't interested in. And so we'd love to hear from you.
00:29:31.240
Excellent. Excellent. And we know there's lots of challenges in the Canadian economy these days.
00:29:34.760
Well, Jonathan, thank you so much for your time. Thanks for your support of Juneau News and
00:29:38.040
independent journalism. And we really appreciate your time and your insights today.
00:29:41.400
Terrific. Thank you very much, Candace. I really love Juneau News and I'm glad it's expanding and
00:29:46.600
having more influence in the country. Oh, thank you so much. All right, folks,
00:29:49.640
this is all the time we have for today. We'll be back again soon with the Candace Malcolm Show.
00:29:52.760
I'm Candace Malcolm. Thank you and God bless.
00:29:54.840
You're watching Juneau News, Canada's fastest growing independent news network. Our team works day
00:30:05.720
and night to bring you nationwide coverage of the issues that matter, honest reporting of the stories
00:30:13.800
that put Canadians first. From far and wide, Juneau is doing the work to turn the dial in the right
00:30:21.320
direction, bringing you the news from the field and in the studio, wherever it takes us. We get the job done
00:30:31.880
for you and for Canada. Help us replace the CBC. Subscribe today at JuneauNews.com.
Link copied!