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- May 27, 2025
What Canadians can expect from the throne speech
Episode Stats
Length
11 minutes
Words per Minute
150.85666
Word Count
1,805
Sentence Count
95
Summary
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Transcript
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The Liberals' throne speech today will likely be a repackaging of old Liberal priorities with
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a few new announcements. The CBC received the largest payout from Google's government-mandated
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bailout fund. Liberal MP Francis Garpaleggia, a long-serving representative, has been elected
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as the Speaker of the House of Commons. Hello Canada, it's Tuesday, May 27th, and this
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is the True North Daily Brief. I'm Cosmin Georgia. And I'm Jeff Knight. We've got you covered
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with all the news you need to know. Let's discuss the top stories of the day and the True North
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exclusives you won't hear anywhere else. Prime Minister Mark Carney's throne speech today
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will likely offer Canadians a repackaging of tired Liberal priorities from the Trudeau era
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punctuated by a few largely cosmetic new policy announcements. A key headline will be a promised
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income tax cut for the middle class set to take effect by Canada Day 2025. The move is likely to
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serve as the cornerstone of the government's attempt to tackle affordability. However, details on how
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the government intends to pay for this tax relief amid mounting federal debt and new spending
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commitments remain unclear. The speech will also likely touch on the ongoing trade war with the
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U.S. particularly measures to deal with the impact on the manufacturing and auto sector, but recent policy
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decisions paint a more conciliatory picture from Carney towards President Donald Trump. Despite pledging a
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hardline approach during the election, Carney quietly introduced six-month exemptions in April for many
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U.S. products affected by Canada's retaliatory tariffs. Analysts say these carve-outs effectively
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undo most of the tariffs, raising questions about the government's willingness to stand firm in trade
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disputes. While the controversial consumer carbon tax has been reduced to zero only following years of
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backlash from working Canadians, the throne speech is expected to reaffirm the Liberals' broader
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climate goals. Carney has vowed the continuance of the industrial carbon tax and Canadian Culture
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Minister Stephen Guilbeault has also spoken out against the viability of pipelines. The Liberals
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have indicated that they will continue with past policies introduced by Trudeau, including net-zero
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commitments, and Carney himself has vowed not to repeal Bill C-69, also known as the No More Pipelines Act.
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Housing is also expected to dominate the throne speech following Carney's release of a cabinet
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mandate letter prioritizing affordability, but don't expect pledges to make homes cheaper. In fact,
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Housing Minister Gregor Robertson has explicitly ruled out efforts to lower home prices, citing the
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need to make sure the market is stable and acknowledging the housing market as a huge part of our economy.
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Instead, the government will likely lean heavily on promises to double residential construction to
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500,000 homes annually, particularly by expanding modular and factory-built housing.
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So, Jeff, are there any specific areas you will be paying attention to today during the throne speech?
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Well, first I'm interested in the details of the middle-class tax cuts set for Canada Day,
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specifically how Carney plans to fund the estimated $27 billion cost over five years amidst rising
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federal debt and new spending. With no clear financial plan yet, I'll be looking at any hints
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of fiscal trade-off or whether this will just add to the deficit, especially given Fitch Rating's
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earlier warnings about Canada's credit profile. There's also the trade war rhetoric with the U.S.,
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particularly on manufacturing and the auto sector. Carney's recent six-month exemptions on
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retaliatory tariffs in April suggest a softer stance towards Trump than his campaign promised,
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so I'll be listening for whether the speech doubles down on this conciliatory approach or
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signals for a tougher line, especially after Honda and Stellantis shifted operations south.
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Lastly, on housing, I'm curious if Carney will address public frustration over high prices,
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despite Gregor Robertson's stance against lowering them. The promise to double construction to 500,000
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homes annually sounds ambitious, but I'll be looking for concrete steps like funding for Build Canada
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homes or specific on modular housing that show that this isn't just a repackaged Trudeau-era goal.
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These areas will reveal how Carney balances his minority government's priorities with economic realities.
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Google's government-mandated media fund distributed its largest payout to the CBC out of all organizations.
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The Canadian Journalism Collective, responsible for distributing over $100 million of annual funds
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to eligible media organizations, is in the process of publicly disclosing $15.6 million sent to 22 news
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organizations. The latest recipient organizations were listed in the collective's second round of
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disclosures, in addition to the $22.2 million for 108 news organizations already revealed earlier this
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month. In the latest round of public disclosure, the collective recently paid the CBC over $6.8 million,
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becoming the biggest beneficiary of Google's media subsidies in the country. Bell Media,
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encompassing properties like CTV News, BNN Bloomberg, and several radio stations, is the next
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largest recipient of Google's media subsidies, receiving a $5.2 million payout. The Toronto Star
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received $1.6 million from the CJC, in addition to the $1.9 million that Metroland Media Group received
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in the last payment period, also a subsidiary of Torstar. Other legacy media organizations that received
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money during the last disclosure period include the Globe and Mail, which received $2 million,
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the Canadian Press, which received $1.4 million, and Post Media's $4.3 million payout. The coalition
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is a non-profit that was established for the express purpose of divvying up funds for the government
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brokered payout scheme, with Google in compliance with the Liberal government's Online News Act.
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Meta, the owner of Facebook and Instagram, has instead decided to pull all news content from
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Meta platforms rather than complying with the legislation.
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Any outlet that meets the government's distinction as a qualified Canadian journalism organization
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is eligible for the program upon application. The funds an outlet receives are calculated based
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on the total number of hours paid to employees for tasks dedicated to the production of online news.
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So, Cosmin, are Canadian media outlets too reliant on government funds to sustain themselves?
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What other payouts have they recently received from the Liberals?
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Yeah, so if you look at the track record of the Liberal government, it's been one of hefty payouts and bailouts
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for the legacy media. Going all the way back to 2018, which was arguably the largest payout,
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and that was the $600 million bailout that Trudeau announced over five years.
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Now, that has presumably dried up since 2023, but that's half a billion dollars just to pay off
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failing legacy media businesses in Canada. And we're still feeling the repercussions of that.
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And that's not it. There's also the Local Journalism Initiative, which is an annual program
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that distributes funds to organizations that apply for it, funding journalists being hired by these
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organizations. And they're supposed to cover specific topics that the program itself lays out.
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And there's also digital news tax credits that the Liberals have introduced for media companies.
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And not to forget all of the emergency media funding that came during the COVID pandemic.
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They spent over $60 million in extra support for the media industry, including big players like CBC,
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Post Media, Toronto Starz, and others already mentioned. Additionally, there's the labor tax credit
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expansion. So media companies can now apply for up to 35% of certain journalists' salaries to be
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covered by this tax credit. So there's a lot of different programs available for the media.
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But I think the most egregious one was the 2018 media bailout and this current program,
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which forces companies like Google to essentially fund media that's sympathetic to the liberal
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government. I also wanted to add that during Prime Minister Mark Carney's campaign earlier this year,
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he promised to increase the funding for the CBC. And they're the biggest winners from this bailout by
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Google that was forced by the liberal government. They got the largest amount of money from this
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bailout. But in comparison to how much money they get from taxpayers, which is $1.4 billion annually,
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it's not that much. And Mark Carney pledged to even increase that further while he was on the
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campaign trail. He promised an additional $150 million for the CBC.
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Long-time Liberal MP Francis Scarpeleggia was elected Speaker of the House of Commons.
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Scarpeleggia, the member for Lac-Saint-Louis, will become the 39th Speaker of the House,
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replacing fellow Liberal MP Greg Fergus. Scarpeleggia is a veteran Liberal in the House of Commons,
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serving his Quebec riding for nearly 21 years since first being elected in 2004. While Scarpeleggia
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did not have a role in Cabinet during his extended time in the House, he has stood on several standing
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committees in Parliament, most recently chairing the Standing Committee on Environment and Sustainable
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Development. The Speaker of the House of Commons is entrusted with presiding over the business of the
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House, ensuring order, guiding parliamentarians through the business before the House, and
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applying the parliamentary rules in a fair, even-handed manner. Scarpeleggia assumes the
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Speakership as the two previous men in the role sustained significant scrutiny for their conduct in
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carrying out the duties of the job. So covering federal politics, the last two elected Liberal
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speakers had their shortcomings. Jeff, could you refresh our memories on what some of those scandals
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that plagued Anthony Rota and Greg Fergus were?
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Yeah, Cosmin. So first, Anthony Rota, who served from 2019 to 2023, resigned in September 2023 after
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inviting Yaroslav Hunka, a 98-year-old Ukrainian veteran, to a parliamentary session honoring Ukrainian
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President Volodymyr Zelensky. Hunka was given a standing ovation, but it later emerged he had
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served in a Nazi-affiliated unit during World War II, which sparked international outrage and
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accusations of poor vetting. Rota took full responsibility, stating he was unaware of Hunka's
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past, but the incident embarrassed the Liberal government and led to his exit. Greg Fergus, who
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succeeded Rota and served until May 26 of this year, also faced controversy that undermined his
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impartiality as Speaker. In December 2023, Fergus appeared in a video tribute to outgoing Ontario
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Liberal Party leader John Fraser, dressed in his Speaker's robes, which was played at the party's
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leadership convention. This breached the Speaker's required neutrality, as it suggested partisan bias,
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leading to a non-confidence motion from the Conservatives. Although Fergus survived a vote to
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remove him in May 2024, with Liberals, Greens, and NDP voting to keep him, the incident damaged his
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credibility. Additionally, in February 2023, Fergus was found to have violated the Conflict of Interest
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Act by writing a letter supporting a television channel's CRTC application, further fueling perceptions
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of partisanship.
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That's it for today, folks. Thanks for tuning in. You can stay on top of new episodes every weekday by
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