Juno News - May 09, 2025


WARNING! RECESSION ahead, Bank of Canada gives DIRE forecast, CBC offers employees grief counselling


Episode Stats

Length

31 minutes

Words per Minute

184.48457

Word Count

5,858

Sentence Count

342

Hate Speech Sentences

3


Summary


Transcript

00:00:00.000 I'm Candace Malcolm and this is The Candace Malcolm Show. Happy Friday, everyone. We have
00:00:05.300 a great episode for you today. We're going to focus on Fake News Friday. It's our favorite
00:00:09.480 show of the week where we just get to basically make fun of the legacy media for the terrible,
00:00:13.840 stupid stories that they play. We kind of do that every day on the show, though. But then
00:00:18.260 something really incredible happened, which is that the governor of the Bank of Canada,
00:00:22.140 Tiff Macklin, came out yesterday and gave a pretty dire warning. And so we're going to walk
00:00:27.080 through that. And I'm pleased to be joined today by some of my favorite online influencers. I'm
00:00:31.620 talking about Mark Nixon, who's a content creator focused on real estate, economics and politics in
00:00:36.240 Canada. And Kevin, who runs a popular X account, Government is Corrupt. So gentlemen, thank you
00:00:41.860 for joining us. Welcome to the show. Thanks for having us. Thank you. Okay. So Tiff Macklin,
00:00:47.200 this is an interesting thing, right? Everything about the Canadian economy, it's always hinging
00:00:51.500 on the trade war and the US. And we sort of use it as the reason for all of our problems. But those
00:00:57.800 of us who've been paying attention to politics and economics for the past decade know that our
00:01:02.220 problems are much, much deeper and that the trade war is sort of just like a catalyst into a potential
00:01:07.460 recession. But the problems are much, much deeper. So at this press conference in Ottawa on Thursday,
00:01:13.040 like I said, Bank of Canada Governor Tiff Macklin, he warned that the long lasting trade war is the
00:01:19.220 greatest threat to the Canadian economy and that it could push us into a recession. So I'm going to
00:01:24.060 play this quick clip and then I want to read some commentary on it and then I'll get your reaction.
00:01:27.680 So first, let's play this clip of Tiff Macklin. A long lasting trade war poses the greatest threat
00:01:33.760 to the Canadian economy. It also increases risks to financial stability. There are two key concerns.
00:01:41.580 In the near term, the unpredictability of US trade policy could cause further market volatility
00:01:46.440 and strains on liquidity. In an extreme case, market volatility could turn into market dysfunction.
00:01:55.440 In the medium term, a prolonged global trade war would have severe economic consequences.
00:02:02.980 Now, I think this is just sort of convenient that they can point to the trade war,
00:02:06.280 point to President Trump and say he's going to be the cause of all of our problems.
00:02:09.780 And this is the threat. I want to read what Dan Knight had to say about this. Dan
00:02:13.540 runs the opposition and just a fantastic writer. And I think he's spot on here. So
00:02:17.660 I'm going to read this bit by bit here and I'll get you guys to respond. So here's what Dan says.
00:02:22.660 He says, Ottawa, Tiff Macklin stood at the podium in Ottawa today, did what central bankers do. He
00:02:27.540 wrapped deep systemic panic in the calmest language possible. But if you listen closely beyond the jargon,
00:02:33.460 what you heard was unmistakable. The wheels are coming off. The Bank of Canada wants you to believe
00:02:37.780 that everything is under control, that our banks are resilient, our households are stress tested,
00:02:41.660 and our financial system is sound. But here's what they won't say out loud. Canada is dangerously
00:02:47.040 exposed and the people in charge have no real plan for what happens if the trade war doesn't end.
00:02:53.280 He goes on, he says that the Trudeau era economic doctrine enabled by the NDP and now carried on
00:02:58.180 by Mark Carney told Canadians we could borrow endlessly, tax productivity and offshore our economic
00:03:04.520 foundations in exchange for climate virtue, signaling and gender budgets. And now the math is finally
00:03:10.600 catching up. He says that health households are stretched. The bank admitted that credit card
00:03:14.680 and auto loan delinquencies are rising fast, especially among Canadians who didn't even qualify
00:03:18.840 for a mortgage. That's the underclass the Trudeau economy created. They're not homeowners. They're
00:03:24.080 not investors. They're renters with debt and no safety net. And now they're the first to crack.
00:03:29.560 And then he goes on to talk about the sort of more middle class people. He says even mortgage holders,
00:03:34.220 those who were stress tested at an artificially inflated rates are walking into renewal shocks.
00:03:41.320 We know this, that anyone who's coming up, anyone who had a five-year mortgage that's coming up for
00:03:46.240 renewal in the next few years is going to face huge increased rates, right? So he says about 60%
00:03:51.960 of all outstanding Canadian mortgages, which equates to millions of households, are set to renew in 25 or
00:03:57.080 26. Most of those were taken out at rock bottom pandemic rates. Even with interest rates easing,
00:04:03.500 the majority will still face higher payments, squeezing budgets already hit by inflation,
00:04:07.800 taxes, and stagnant real wages. I think this applies to almost every Canadian, right? We're
00:04:12.420 all feeling the same thing. And then he goes on to talk about hedge funds. He says, here's the best
00:04:17.040 part. They're now the biggest player in the Canadian government debt. Hedge funds, particularly
00:04:21.920 foreign-based ones, have rapidly overtaken traditional bank-owned dealers in the Government
00:04:27.780 of Canada bond market. According to the Bank of Canada, hedge funds now purchase nearly 50%
00:04:32.460 of auction volume in some bond maturities that account for 30% in the secondary trading market.
00:04:38.180 And so I was talking about this with you, Kevin, before we went on air, this idea that most Canadians
00:04:43.060 don't really understand bond markets, don't really understand hedge funds. Well, this is what Dan
00:04:47.660 says. I'm almost done here. He says, what happens is, so what would happen if these bonds just decided
00:04:53.420 that they didn't want to own Canadian debt anymore? Like they're foreign hedge funds and they just decide
00:04:58.360 like, okay, we don't really trust the future of Canada anymore. They decide to sell it. Well,
00:05:02.080 Dan said this would trigger a funding crisis, liquidity freeze. And if that hits, the Bank of
00:05:07.200 Canada knows exactly what it would have to do, just what it did during the COVID in the post years,
00:05:12.320 which was print money, intervene, and bail the government out. Again, we saw hints of this today.
00:05:16.580 Macklin saying that the bank might need to step in if the market appears dysfunctional. That's not a
00:05:21.120 forecast. It's a warning. This is what happens when you build your financial system on cheap debt,
00:05:25.440 speculative capital, and blind trust in globalism. This is what happens when you have your hand in
00:05:31.380 the economy run by unelected bureaucrats, international bankers, and hedge funds. And
00:05:36.660 now it's all starting to unwind. People who caused it want you to just stay calm, keep spending,
00:05:41.240 and be quiet. I think that's a very perfectly stated overview of the financial system in Canada.
00:05:48.120 So I'll start with you, Mark. What was your take from Tiff Macklin's comments yesterday?
00:05:53.120 When you think about the Canadian economy, which to me, it seems like heading towards something very
00:05:57.540 scary. Yeah, actually. So, you know, I've been tracking this for several years now. So this is
00:06:04.300 no surprise to me at all. Just two years ago, I mean, I was looking at how low the rates were. And
00:06:11.320 when I saw the rates rise at the fastest pace in Canadian history and reach that 5% in such a short
00:06:18.820 amount of time, I knew that. So the way it works is it takes 18 to 24 months for interest rate
00:06:26.900 hikes or decreases to work through the system. Lots of people don't know this. This is actually on
00:06:33.160 the Bank of Canada's website where they show and they describe this. So when the rates go up to 5%,
00:06:40.460 5%, you know, you're going to notice some things, but it takes two years for it to work through. We're
00:06:46.940 just starting to feel the full effects of the 5% interest rate. So yes, it has something to do with
00:06:54.480 the U.S. and uncertainty. It just adds to the problem. The problem was already there. Canadians are
00:07:02.440 one of the most indebted countries on planet Earth, like for consumer. Consumer debts at 184%. That means
00:07:11.580 for every dollar you make, we have the service 184%. And so what happens is, is many people and
00:07:20.380 Tiff Macklin was at fault for this as well as during the pandemic, they came out and Justin Trudeau came
00:07:26.380 out and said, rates are going to be low for a long time, Glenn. I don't know if you remember that
00:07:31.400 interview, but in that interview, they encouraged Canadian citizens to borrow and to leverage their
00:07:37.580 properties because interest rates would be low for a very long time. Look at historical. In history,
00:07:43.780 interest rates have always been going down. Yeah, they go up a bit, but they've been going down for
00:07:48.880 40 years. We're in a new 40-year debt cycle. It just started in 2020. Rates have gone up. They're
00:07:56.940 going to come back down, but the next cycle will be higher than the 5%. We're in a deleveraging 40-year
00:08:02.980 period. The problem is, is in Canada, we have, you know, our, they said that we have to break the
00:08:10.660 glass. Who remembers the Bank of Canada, Carolyn Rogers, with her famous break the glass speech?
00:08:17.200 That was before this speech. They've been, they've been warning us about the potential issues. So
00:08:25.520 for example, back in 2020, many of the mortgages, the average mortgage rate was sub 2%.
00:08:32.400 Today, if you were to get a mortgage, you're around 4%. So you're doubling your mortgage interest
00:08:39.640 costs. A lot of Canadians, and they showed like 60% of Canadians are living $200 away from
00:08:46.740 insolvency, you know, and, and imagine you lose your, your, your revenue, your employment, or,
00:08:53.180 you know, so there's, there are some, I'm not trying to scare anybody, but this has been a thing
00:08:59.820 in, in the making for quite some time now. There was probably going to have to be government
00:09:05.000 intervention. And, and if you want to stay up to date with this type of information, make sure you
00:09:11.500 follow me on X and my other channels because I'm in the pulse of this information and I'm providing
00:09:17.320 updates as it materialize. Well, yeah, I think you're known kind of as like the chart guy on
00:09:22.360 TikTok. You always have all the numbers and break it all down, which is what we love about it. Kevin,
00:09:26.940 I want to bring you in on the conversation because like, if you look at the financial picture of just
00:09:31.900 everyday Canadians, it isn't good, right? We're over leveraged. And like Mark just pointed out,
00:09:36.080 many of us are just $200 away from not being able to make ends meet. And then you compound that with
00:09:43.220 what our government does, which is just unbelievably blow out the budget. Justin Trudeau doubled the
00:09:49.780 government debt federally in his just nine years in office. It's like everything in our society,
00:09:55.320 we just like totally responsible when it comes to money. And it's hard to even see a way out of it.
00:09:59.900 Like, yeah, as Tiff Macklin warned, the government might have to intervene, but it's not like they're in
00:10:04.120 good financial shape to begin with. It's not like they have been saving and putting away money for a rainy
00:10:09.540 day, right? They've been blowing out the bank too. So this is like a cross-society problem. Like, what do
00:10:14.200 you make of all this? Well, it's interesting, you know, in times of economic uncertainty, from a country's
00:10:21.660 point of view, usually you would lean on your gold reserves, right? You know, if there was an economic
00:10:27.320 crisis, you know, you would go to your gold reserves to stabilize the market. Canada is one of the only
00:10:33.000 countries that has no gold. So, you know, we're apparently in this, you know, massive economic
00:10:39.580 crisis, yet we've been selling off our gold reserves since the seventies. And the final sale happened in
00:10:44.740 2016 under Stephen Pelosi, Justin Trudeau as prime minister. So we don't even have anything to lean
00:10:52.040 on when it comes to, you know, dealing with this economic crisis. So there's really, you know, you talk
00:10:57.540 about, you know, foreign hedge funds holding our bonds. There's only real two options that the
00:11:03.540 central bank can do. You know, if they decide to sell, they can just let interest rates rise because
00:11:09.020 there'd be no buyers. So bond values fall, interest rates rise, or they could intervene and then they
00:11:14.760 could buy up all the debt that, you know, the are, that these hedge funds don't want by creating
00:11:21.960 currency out of thin air, which would, you know, collapse the purchasing power of the currency
00:11:25.960 and drive inflation, you know, to even higher levels that they are now. So there's really two,
00:11:32.320 only two ways out of this mess that we've created, which is a deflationary collapse, you know, collapse
00:11:37.880 of, you know, all these asset bubbles, you know, stocks, real estate, and massive job losses and
00:11:45.880 bankruptcies that sweep the economy. Or you could have an inflationary or a hyperinflationary collapse,
00:11:51.560 something like Venezuela. So there's no real easy way out of this. But, you know, if you were to be
00:11:57.700 asked, what is the better of these two scenarios, the better is a deflationary collapse, because at
00:12:03.440 least the middle class, and at least, you know, because your currency doesn't get shredded through
00:12:09.440 inflation, right? So at least you'll be able to survive. But you know, when you take talk, take a
00:12:13.800 look at, you know, inflationary or hyperinflationary collapses, we've seen many of them, Weimar,
00:12:18.480 Germany, Zimbabwe, Venezuela. It's complete catastrophe is probably the worst thing that
00:12:24.960 could happen. So government intervention into this central banking intervention into this,
00:12:29.520 to try to solve the problem that they have been creating for decades is only going to exasperate
00:12:34.800 the problem and make it so much worse and make it so much more painful.
00:12:38.080 Well, it's so interesting that you say that the loony might not exist or it might collapse
00:12:42.880 under all of this. We kind of think that we are like in a different class or like in North America,
00:12:47.200 we're safe, more protected from all those other things that have happened throughout history.
00:12:50.960 Even I saw earlier this week, Conservative Interim Leader Andrew Scheer was on CBC,
00:12:56.240 and the CBC host was like debating him over whether or not Canada printed money during the
00:13:00.960 inflation. It was like a distinction without a difference. The CBC was just pushing pure
00:13:04.640 propaganda. But Mark, I want to tie this into Canada's unemployment report just came out,
00:13:09.440 the numbers are in. It looks like the rate of unemployment rose by 6.9% in April and the economy
00:13:15.600 only added 7,400 jobs. And you pointed out to me that about half of those were temporary election
00:13:22.640 related jobs. And so the numbers are really just not looking good.
00:13:26.080 Yeah. So, I mean, we were at 6.7, we're at 6.9. This is the highest level of unemployment
00:13:35.120 unemployment since 2016 outside of the pandemic, as well as we're going to lose. So this jobs report
00:13:43.520 included 37,000 jobs that were hired for the election. So those are going to vanish. We also
00:13:51.040 have the film industry, which provides almost a quarter of a million jobs in Canada. People don't
00:13:58.880 know about it. It creates about 14 billion dollars worth of economic activity. And the US represents
00:14:07.200 over 50% of all of the revenue jobs. And with the 100% tariff threat, which I have to say, I couldn't
00:14:17.200 believe it, but it was not mentioned when Mark Carney was in the White House or during any of his meetings
00:14:24.080 with Donald Trump. And I don't know if you saw Yves Francois Blanchet, but he said,
00:14:30.160 you know, how did he not know? I'll give him a break on that because it only he only announced
00:14:36.080 it 24 hours ago. But I think he was being sarcastic because if something was announced 24 hours ago,
00:14:42.720 it should be first thought or first on your mind because it's so recent. So yeah, a quarter of a
00:14:50.080 million jobs and those are in Vancouver and Toronto. And also in the report, it showed that the city of
00:14:56.640 Toronto has unemployment rate over 10%. So just imagine the film industry goes belly up and it's
00:15:06.000 already at 10% unemployment rate in the city of Toronto. So that's something to be paying attention
00:15:11.760 to. Obviously, there's some manufacturing job losses due to the pandemic or due to the tariffs from
00:15:20.240 from the US. So my take on this is that the Bank of Canada, they're in a tough spot because
00:15:28.160 they see the economic, they see this report and they, you know, so we just found out yesterday that
00:15:34.960 the Federal Reserve maintained their policy rate, they didn't move. And the Bank of Canada wants to
00:15:41.920 move in sync with the Federal Reserve because if they move and there's a larger spread between
00:15:50.000 the rates, then that affects the Canadian dollar. They might not be in a position where they could
00:15:55.840 support the dollar based on this jobs report. They might need to support the economy. They said they're
00:16:01.520 going to look at it data set by data set. Well, this is a negative data set. So before I was thinking
00:16:09.360 that they were going to be pausing over through the summer and the next rate cut would be potentially
00:16:14.080 September. We're now looking at a potential rate cut in June. So next month. So that's what, yeah.
00:16:21.040 Well, Kevin, I want to bring you in on a part of this because Mark was talking about how,
00:16:26.240 you know, you would really think that Donald Trump went out there and announced a 100%
00:16:30.400 tariff on the film industry, which like Mark said, in cities like Vancouver and Toronto is a huge
00:16:35.440 industry. I grew up in Vancouver, I have a lot of friends in the film industry and adjacent to it.
00:16:39.280 I actually used to work in it when I was a student. But anyway, like the industry came because of
00:16:45.440 government subsidies, right? Government lured in the big American companies in part because Canada
00:16:50.080 had a lower dollar, although back then it wasn't as low as it is today, but in part because it would
00:16:54.480 get all of these film credits. And the fact that Trump is kind of countering that saying,
00:16:59.200 you can't cheat, you can't just bribe American companies to leave America without us fighting
00:17:04.160 back. To me, that's fair. It's devastating, but it's fair. The fact that that wasn't brought up,
00:17:09.600 though, in Carney and Trump's meeting, I just think it's such an indictment of how weak Mark Carney was.
00:17:16.320 And yes, I came on the show and said that Donald Trump walked all over Carney. I think that the general
00:17:21.200 consensus online, if you were on X or on YouTube or on any of these platforms, the independent voices,
00:17:27.840 independent journalists and content creators all kind of agreed that Carney was looking sheepish and
00:17:34.320 couldn't get a word in and was humiliated basically by Trump. And yet when you turn on the legacy media,
00:17:39.840 if you read the Toronto Star, even Post Media, certainly the CBC, they literally had the exact
00:17:44.880 opposite take. That Carney did fantastic. It was a great first meeting, that he got this great line in
00:17:51.680 saying that some real estate properties are never for sale and Trump agreed to that and really just
00:17:57.840 praising Mark Carney if he'd done something incredible. To me, it was such a distinction
00:18:02.400 that it was literally the exact opposite of what actually happened. So I wonder if you could comment
00:18:07.840 on those things for me. Well, yeah. If you actually took the time to watch the entire press conference,
00:18:13.440 you know, 30, 35 minutes or whatnot, and you analyze, you know, Mark Carney's actions, his body language,
00:18:22.480 and if you, you know, analyze Trump and the interaction, it was clear as to who was the
00:18:28.480 dominant and who was the submissive in that relationship between the two. You know, Mark Carney,
00:18:35.040 at one point, you know, Donald Trump was going on for about 20 minutes. Mark Carney had basically put
00:18:40.880 his hand up so he could talk. And then he, you know, gave this spiel that it sounded like he's
00:18:46.240 been rehearsing it in his head for weeks. And it's a line that he's been saying on the campaign trail.
00:18:52.560 So it's nothing new. It's just another slogan, which is interesting because he is the guy that
00:18:57.760 apparently hates slogans. I guess, you know, left wing slogans are okay. But, you know, it was quite
00:19:04.960 clear who won that. You know, Donald Trump said four things. We don't want your cars. We don't
00:19:13.840 want your steel. We don't want your aluminum. And your predecessor was a disaster. Talking about
00:19:19.360 Krista Freeland, how she was horrible. And I'm sure your audience is aware, and I'm sure you're aware
00:19:25.280 that, you know, Mark Carney is the godfather of Krista Freeland's child. So he didn't even have the
00:19:32.080 ability or the backbone to stand up and defend his, you know, godchild's mother. So does he really have
00:19:40.880 the backbone to stand up for Canada when he can't even stand up for, you know, his own supposed,
00:19:45.760 you know, family? I guess you can call it a family because, you know, they're pretty close. So, you
00:19:50.880 know, it just shows you that he's very weak, you know, and he's only able to talk in sound bites.
00:19:58.080 And, you know, I don't really see him as being this, you know, he campaigned for a very long time
00:20:04.720 saying that, you know, vote for me. I'm going to stand up for Trump. And all his base were like,
00:20:09.120 yeah, we're going to vote for you because you're going to stand up for Trump. And then,
00:20:13.280 as soon as he had the opportunity, he didn't do it. And then all of his supporters said, you know,
00:20:18.400 he was such a genius for not standing up to Trump. So, like, it just, you know, the mental
00:20:24.960 gymnastics and the pretzel logic that goes on in these people's heads, they're never going to admit
00:20:29.600 that they were wrong. But it's clear as day as to who came out on top and who didn't, you know,
00:20:36.880 tariffs are still on. He doesn't want our products. And he basically insulted, he talked about the
00:20:42.400 Canada's 51st state, he insulted our predecessors, and Mark Carney didn't have a word to say other than
00:20:47.440 Canada's not for sale. Well, and not only that, but the very next day, the governor of the Bank of
00:20:51.920 Canada comes out and says, this is the biggest threat to Canada, and it will prompt us into,
00:20:56.480 like, a spiral and a recession. So the Bank of Canada, you know, the guy that took, you know,
00:21:01.840 there was a few in between, but Mark Carney had that job once upon a time, and now Tick Devakins
00:21:06.320 is coming out the day after. I don't think that's exactly a glowing endorsement that there is
00:21:10.720 institutional trust that Mark Carney will do the thing that he said he was going to do. Mark,
00:21:16.320 what do you think about this? Yeah, I have two points about the meeting is,
00:21:22.160 so I counted airtime, so how much speaking time on each side, it's kind of like when you
00:21:27.520 play sports, they actually track how much time, say, let's say hockey, how much time the puck's on your
00:21:34.400 stick, or, you know, how much time you're on the ice. Well, they did it for the debate. They had a big
00:21:38.880 clock right on the debate stage saying how many, how much time each of the four leaders had speaking.
00:21:43.600 So it's a political thing too. Is there an interrupt? You can go. Yeah, exactly. So,
00:21:47.040 and one of the things is I tracked that and then I published my findings on my X account and it blew,
00:21:53.440 like it got like 300,000 views right away because it showed that Mark Carney only spoke for
00:21:59.760 three minutes and 12 seconds and Donald Trump spoke for 30 minutes. I mean, you don't, you don't need to
00:22:06.560 explain how the meeting went. You just show that statistic and you're like, well, I mean,
00:22:11.360 he didn't have an opportunity. Another point that I wanted to make a comment about that because I'm
00:22:16.400 pretty sure that Marco Rubio spoke more. I don't know if you guys watched the whole thing, but at
00:22:20.160 one point during Trump's remarks, he kind of got sidetracked and he started talking about the Houthis
00:22:24.640 and a ceasefire and then he just sprang it onto Marco Rubio to kind of give an impromptu speech about
00:22:29.360 the Houthis. So I wouldn't be surprised if Marco Rubio got more airtime than Marco Rubio. I didn't track
00:22:34.880 that. I just tracked the two, but that would be a funny statistic. Another part of the that I
00:22:40.560 published as well is that and it's incredible is Mark Carney is number one woke. He loves woke.
00:22:48.480 Woke is number one with Mark Carney. So is Justin Trudeau. They're the wokest people and they're going
00:22:53.440 to defend it. And that's why when one of you says Donald Trump is at war with woke, but in Canada,
00:23:00.160 we're all about diversity. And then when Mark Carney's sitting there and he, he only has three
00:23:06.400 minutes, Donald Trump and I, and I counted Donald Trump smashed. And I mean, completely destroyed
00:23:14.560 woke for four straight minutes. So he had four minutes of destroying woke, which is more than all
00:23:21.680 all of Mark Carney's talking time. I thought that was, and, and you should have seen his face. I,
00:23:27.360 I screenshot a couple on his face. He was just like, man, I wish he didn't go down the woke train.
00:23:32.560 So he didn't like that. And if you say you were woke, say you were someone who is like really all
00:23:37.920 in for trans and kids and like all the craziness of the woke ideology, you would probably be pretty
00:23:43.680 disappointed that your guy, Mark Carney got elected and there he was just like biting his tongue and
00:23:48.880 quietly sitting there while Donald Trump was eviscerating the entire ideology. Like again, that,
00:23:55.120 that just shows that Mark Carney doesn't have a spine. If he truly believes in this stuff,
00:23:58.480 he would have voiced his expressions, but he, he didn't. He kept quiet. One of the things I also
00:24:03.120 noticed was that Mark Carney showed up with the delegation. It was Dominic LeBlanc, finance minister,
00:24:10.960 Melanie Jolie, the foreign minister was the same foreign minister as Justin Trudeau. And then I thought
00:24:15.200 it was Bill Blair, but I think it was actually David McGinty. So he shows up at this meeting in the Oval
00:24:19.680 office with three Trudeau ministers who were the same ministers as the Trudeau government.
00:24:25.360 And so it was kind of embarrassing when Donald Trump noticed and said, you know, by the way,
00:24:31.120 your predecessor was terrible. And that woman that worked for him, he didn't even, I don't even think
00:24:34.480 he knows her name. Right. But he just started ranting against her. And like literally, you know,
00:24:39.440 the, the, the three people on the couch with him are like the same people that were part of that
00:24:44.320 administration. It was just so cringe. What did you think, Kevin?
00:24:48.880 Well, even if you go back a little bit before that, just to show how much the United States or
00:24:53.680 this, you know, presidency has respect for Canada. Did they meet them at the airport? Was the vice
00:24:59.520 president there? Was, you know, a secretary of state there? No, it was a bunch of, you know, staffers
00:25:06.000 from the Canadian embassy that met Mark Carney at the airport. There was, there was nobody from the
00:25:12.080 United States, you know, nobody of, you know, any clout anyways, that was even there. So that right
00:25:18.000 there, that shows you just how, how little respect they have for, for, for, for this, you know, this
00:25:23.920 prime minister or this, you know, political party. No, that's such a good point. I think we forgot to
00:25:28.400 cover that, that there's usually a protocol that when a head of state comes or met with, if not the head
00:25:33.280 of state, someone high ranking, right? Like the high, a high ranking member from like the Senate or from
00:25:37.920 the administration. But you're right. There was nobody, there was nobody there. And it was
00:25:42.000 the same thing, by the way, when Mark Carney first got elected, he went over to the UK and France
00:25:47.520 and he wasn't greeted by first ministers or the president or anything. He was again, just met by
00:25:54.160 bureaucrats, which I think, I mean, for Canadians, it's like, remember the whole Canada's back thing?
00:25:59.120 Remember how Justin Trudeau was supposed to restore our digital world stage and our, our standing? And
00:26:04.000 instead it's like, nobody cares. Canada is just a total afterthought and it's not even worth a trip to the
00:26:09.840 airport. Okay. I want to bring in this one final story here. Uh, this is so amusing. Apparently
00:26:15.280 our friends over at the state broadcaster, the CBC spent $68,000 to gauge their employees' feelings
00:26:23.840 and their hurt feelings over mean things said online. So this is according to Blacklocks says,
00:26:29.040 ask CBCers about feelings, came out yesterday. The department of Canadian heritage paid $68,640
00:26:36.080 for research that asked CBC journalists if they were the subject of hurtful remarks by conservative
00:26:41.840 politicians or rival media, according to an access to information record. The study did not name names,
00:26:47.760 but said that 50% said that opposition political parties were a source of their hurt feelings. So,
00:26:55.200 wow, what a waste of money. Um, this is what you come to expect at the CBC. It's like a, a group
00:27:00.320 therapy session. And I just want to tie this to the CBC with like a straight face, put out this report.
00:27:06.880 I covered on the show earlier this week about how Danielle Smith's trip to Mar-a-Lago cost taxpayers
00:27:12.480 $10,000. So they were outraged over the $10,000. They spoke to a political science professor to talk
00:27:18.000 about waste. They pretended that nothing came out of the meeting. That was a total waste of time. Of
00:27:22.000 course, they didn't look into the cost of like Justin Trudeau going to Mar-a-Lago probably with like 25
00:27:27.360 staffers on a, on a government jet or the cost of like all the lobbyists that the government
00:27:32.160 pays to try to like get special trade deals or anything like that. But they're really outraged
00:27:36.480 by $10,000 for the premier. And apparently it was three staff. I said on the show, two staff,
00:27:40.560 it was actually three staff to fly from Edmonton, Alberta to, uh, Palm Beach, Florida, right across
00:27:47.040 the entire continent. Apparently they didn't even fly business class. The premier of Alberta flew economy
00:27:52.240 and they only spent $10,000 for four people to spend two nights in Florida and score two
00:27:56.800 meetings with the most powerful person in the world. So just juxtapose that $10,000 by the
00:28:01.360 premier to meet Trump, huge waste of money, but they themselves can spend $70,000 to talk about
00:28:07.200 their hurt feelings. I'll go to you first on this one, Kevin. Well, you know, what's funny is they
00:28:12.080 probably spent more money putting that journalistic piece together. Uh, they probably spent more than
00:28:16.880 $10,000 trying to, you know, put all that, all those facts together than, you know, Danielle Smith's
00:28:22.000 $10,000 trip. So again, it's just hypocrisy and, you know, you know, they'll, they'll never point out
00:28:28.240 the, the, the scandals and the corruption in their own, um, on their own side, but they become into,
00:28:33.840 you know, uh, forensic investigators when it comes to everybody else, you know, it's the same thing
00:28:38.480 as, you know, the meltdown with the $16 orange juice, but you know, uh, you know, billions of dollars
00:28:43.440 to the green slush funds, nobody cares. Well, and it's only when conservatives are in office,
00:28:48.000 right? Nobody, nobody filed access information to find out how many, how much orange juice the,
00:28:53.040 uh, you know, Catherine McKenna or any Trudeau minister was drinking. It was only
00:28:56.560 for the conservatives. Uh, what do you think, Mark, what do you think about $70,000 for therapy
00:29:01.280 or research to find out if CBC journalists have hurt feelings?
00:29:06.640 Uh, I think that's atrocious, but one thing that, you know, going back to the $10,000 for Danielle Smith,
00:29:14.080 one thing that people don't, I don't know if people know this, but Melanie Jolie has
00:29:22.640 a $51,000 a month, not, not year, a month bar tab where she, she's been spending $51,000 a month on
00:29:35.520 alcohol. So when you look at that and then I'm like, well, no wonder they brought her to the White House.
00:29:42.080 She's got to boost these people up. So, you know, that makes sense because when, during the, um,
00:29:47.680 what she said, and I don't know if you guys saw the press conference, but she said in the press
00:29:52.720 conference, it was such a successful meeting between the U S and Canada because Mark Carney had
00:29:58.480 the opportunity and, and Donald Trump to get to know each other. Are you kidding me? They've known
00:30:04.240 each other for two decades. They're business partners. There's nothing to know about or get to know of.
00:30:09.760 So, you know, that's, um, yeah, I, um, this study thing, spending 70,000, um, our, our country,
00:30:19.040 that's why our country, um, is in the mess that we're in right now is because of absurd things like
00:30:26.800 that. We need to get back to common sense. And if we don't get back to common sense quickly,
00:30:32.960 we're going to be in a world of pain. Well, it was a perfect way to end the show
00:30:36.960 on. I couldn't agree more. Mark Nixon and Kevin from government is corrupt. Thanks so much for
00:30:40.880 joining the show guys. I had a lot of fun and have a great weekend. Thanks for having us on.
00:30:44.400 Thank you. All right, folks. So the time we have for today, have a wonderful weekend. We will be
00:30:48.880 back again on Monday with all the news. I'm Candace Malcolm. This is the Candace Malcolm show. Thank
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