Mark Slapinski

00:00:00.000 uh that the government is on you know on a track to bankrupt the countries mark carney is in some

00:00:04.960 serious trouble last week as i showed you the propagandists at cbc were calling him out

00:00:10.640 now ctv is turning on him as well let's watch the video that could end mark carney's political career

00:00:16.560 a budget that prime minister mark carney has said can be characterized as one of both austerity

00:00:21.040 and investment let's bring in the front bench to unpack politically what it all means former bc

00:00:25.520 premier christy clark is here she's a senior advisor with bennett jones marco mendicino is

00:00:29.760 the former chief of staff to prime minister mark carney and a former liberal cabinet minister

00:00:33.760 former conservative industry minister james moore is with us he's now a policy advisor at edelman and

00:00:38.400 rounding us out this evening here in studio former federal conservative cabinet minister monty solberg

00:00:42.880 he is the ceo now of new west public affairs hi everybody good to see you uh monty it's great

00:00:47.840 pleasure to have you here in studio missing everybody else i will start with you on this one

00:00:51.760 i was saying just in the break like this is the interim uh uh pbo so he doesn't have a long gone

00:00:57.440 everything but he is really swinging high here like he is not holding anything back what's your

00:01:03.120 take on what he is saying today well my take is first of all happy birthday to marlene pauliev

00:01:08.960 uh join the chorus yeah very nice lady uh but you know he's obviously very concerned about this he's

00:01:15.360 a professional uh he's assessed this he's looked at the numbers he has declared that it's unsustainable

00:01:21.680 meaning uh that the government is on you know on a track to bankrupt the countries did you hear that

00:01:27.920 ctv is now admitting that mark carney is on the path to bankrupt this entire country

00:01:33.200 now i tried to warn people pauliev tried to warn people basically every conservative

00:01:38.720 influencer with a platform tried to warn canadians now ctv is jumping on board and telling canadians

00:01:44.960 what they should have already known the problem is they're about six months late but just wait this

00:01:50.080 video gets worse as it goes along so they've got to get their act together you can't have it both

00:01:55.280 ways and say you're going to invest but it's also prudent i mean this is just the height of weasel

00:02:01.120 words and they're going to have to find a way to get the uh spending in line or else we're going to

00:02:06.400 see our interest rates rise we'll see inflation spike i mean there's all kinds of uh serious

00:02:12.320 implications if they don't start to treat this seriously so marco what is your take on i guess

00:02:18.160 kind of the communications around how the government intends to approach this because i

00:02:22.720 think particularly through the campaign there was a lot of talk from prime minister mark herney about

00:02:28.320 you know exactly what monte just spelled out like a real point of demarcation for example between

00:02:32.800 himself and the previous prime minister particularly in rhetoric i'm speaking but then since then you

00:02:37.760 know there's been a little bit more confusion like does it mean attrition on the public side does

00:02:42.320 it mean actual cuts is there you know what will be operating spending what will be investments like

00:02:47.280 what is your take on where the communications are and where they need to be well i believe the

00:02:52.560 communications are rooted in the prime minister's economic credentials which are beyond reproach he's

00:02:57.760 got experience having managed two significant global crises one the global recession 2008 and then

00:03:04.720 brexit uh in the uk and i think that was a large part of the way in which he grounded his his case

00:03:11.680 to become prime minister and to form this government now that said there's no doubt that the pm pbo has

00:03:18.400 signaled stormy waters on the economic horizon and so i think three things need to happen one the

00:03:25.440 government definitely has to reduce the deficit and there's clearly work to be done there but signaling

00:03:31.280 that a reduction significant reductions around certain operational expenditures to maximize efficiencies

00:03:38.080 is important two we need to spur on growth and i think that the government's announcements around

00:03:42.880 major projects and i would highlight lng2 is a way in which you can see jobs created and get energy to

00:03:50.080 market and three i think the government has to take full advantage of low interest rates to reduce the

00:03:55.840 service debts charges which also place a burden so doing those three things and certainly seeing that come

00:04:01.600 to fruition as quickly as possible is a way in which the prime minister not only through his communications

00:04:07.440 but through his actions and the government's actions can continue to keep the trust of canadians

00:04:11.680 when it comes to steering the economy through this global turmoil do you think james though that thus

00:04:18.080 far the communications from the federal government have been as clear as what marco just laid out

00:04:22.960 no look for nine years um you know we were told you know hear us now believe us later that deficits

00:04:28.480 are going to be good because it'll lead to economic growth it may not happen right away but in the fullness of

00:04:32.400 time this is all going to work out well now here we are nine years later after people saying these

00:04:36.480 aren't deficits these are investments and now the fiscal anchors are blown we had a contraction in

00:04:41.280 the economy jobless rates are up investments are down and it didn't work the nine years of trudeau 0.97

00:04:45.840 failed they are literally admitting on live tv that trudeau's policies were complete garbage they're

00:04:51.680 saying the same thing that conservatives have been saying for 10 years to give them credit it's better late

00:04:56.720 than never but just wait this video gets worse as it goes along and by the way i was struck by two

00:05:02.000 numbers in the report the number 68 billion dollars are just north of 68 billion dollars of what's

00:05:06.800 projected to be the deficit for this year i did a little bit of math i thought you might like this

00:05:10.960 bashi 68 billion dollars put this number in context based on market cap and current evaluations of

00:05:17.200 canadian companies and organizations this is what 68 billion dollars looks like in the current economy

00:05:23.040 68 billion dollars would buy you the toronto maple leafs the montreal canadians the ottawa senators the

00:05:29.840 winnipeg jets the winnipeg the uh edmonton oilers the calgary flames the vancouver canucks the toronto

00:05:36.160 blue jays the toronto raptors air canada west jet lululemon canadian tire and you'd have a few billion

00:05:42.880 dollars left over that's the scale of the deficit that we're talking connor mcdavid james that's the

00:05:47.200 question yeah well yeah about a billion left over for conor mcdavid but but these are staggering

00:05:53.360 levels of indebtedness and of course it's stacked on top of sub-national provincial levels of debt

00:05:57.840 of indebtedness in british columbia and ontario that are also unsustainable we're on a bad track

00:06:03.600 and i hope that prime minister carney can can match his words with his actions but it's going to be a

00:06:08.000 very very tough pivot i think one of the just jumping off if i if i've internalized what james said

00:06:14.320 right and i'm i hate to say it but do i have to buy the montreal canadians among everybody else

00:06:18.880 anyway i'm joking i'm joking don't hate me um i'm a leaves fan and i'm now now now the hate mail will

00:06:24.160 really come now just a quick note i can't stand this woman now is not the time for playing games 1.00

00:06:30.320 we have immigrants taking over our streets taking over our parks we have an economy that's set to crash 1.00

00:06:36.560 and this is while crime is completely out of control and this woman has a lot of nerve making 1.00

00:06:41.680 jokes about hockey teams hockey teams like get a grip our country is in serious trouble right now

00:06:48.400 and this woman's got a lot of nerve i'm really glad that polyev cleaned her clock during a recent

00:06:53.360 interview and if you haven't seen it check out that video after you watch this one chrissy if i

00:06:58.080 if i've kind of internalized what james is saying right i think one of the key points that i would say

00:07:02.000 you know might inform or should inform communications is if you decide that there is still a lot to spend

00:07:08.800 on what you are labeling as investments you you need to do more than tell canadians that they will

00:07:14.800 get a return on that investment which is i think where like the the gap existed with the trudeau

00:07:19.440 government right like often we were told x y and z will materialize in this way and that didn't end

00:07:24.560 up being borne out so maybe you have to be more specific and there have to be more sort of i don't

00:07:29.680 know what but guardrails or something that show that you will be held accountable for that um what are

00:07:35.280 your thoughts on that communication well i think obviously communications can always be better

00:07:40.880 government's really busy and they you know they sometimes miss the the key points i think they

00:07:45.280 still got some time to make those points i heard minister champagne saying today look that or yesterday

00:07:50.800 that they're going to keep their guardrails are going to be um balancing the budget and getting their

00:07:57.440 gdp uh to debt ratio under control in three years which makes a lot of sense given the massive mess

00:08:04.000 that justin trudeau left them with and i think the key communications things and the key actual

00:08:09.200 things that they need to be doing are saying we are going to spend less and i don't think this idea

00:08:15.280 that they're going to do this you know what's ultimately a pretty small cut to the public service

00:08:19.520 that would get it only back down to 2020 levels is something that they should be thinking about

00:08:25.520 expanding so talking about how they would actually spend less because in the trudeau government

00:08:30.960 what he was doing is he was figuring out how to spend more on public services and at the same time

00:08:37.040 smothering economic growth which is how we pay for those services now i love how almost every

00:08:42.160 commentator on the show is just ripping carny to shreds i guess those millions and millions of dollars

00:08:47.680 in bailout packages couldn't buy the liberals positive coverage but just wait you haven't even heard

00:08:53.360 the worst of it yet so i think the carny plan has got to be we are going to spend less and we are

00:09:00.800 going to create economic growth but the reality is the only way you can create economic growth and i

00:09:06.480 know this from my uh almost eight years in government is you have to invest in in economic projects like

00:09:13.840 ports like railways like pipelines exactly this woman's 100 right now remind me is there a single

00:09:22.000 politician in canada that talks about pipelines hmm oh i know a guy do you support the prime minister's

00:09:30.080 decision to veto the northern gateway pipeline mr carney uh i i understand the veto of the northern

00:09:39.760 gateway pipeline supported both given both environmental and commercial reasons do you support it i think it

00:09:48.240 sensible i wasn't involved in the decision but i think it was the right decision and yet your company

00:09:52.880 has invested billions of dollars in oil companies in both brazil and the uae to buy pipelines uh you've

00:10:00.880 uh you bought uh billions of dollars of pipelines as a company in the last five years do you support those

00:10:07.280 investments uh mr polyev there is a global energy system and one of the issues uh i'm trying to explain a

00:10:15.200 bit of how the economy works uh one of the issues well it may help uh one of the issues for this

00:10:22.880 committee and thinking about a sustainable transition do you support it where is canada's

00:10:27.200 role in those in those uh as energy transitions from fossil fuels to renewables and in different

00:10:34.480 jurisdictions into different geography it matters it matters and this is a fundamental point yeah i'm

00:10:40.880 so this is a fundamental i'm sorry you're finally getting the time point you've exceeded the time

00:10:46.560 relevant to this committee's what you're what you're what you're saying is you oppose pipelines

00:10:51.280 in canada but you support them in the uae and in brazil that's what you've actually said they're a

00:10:56.400 specific that's your double standard it is not a double standard it is a double standard no it's not

00:11:01.200 you make billions of dollars off foreign pipelines and you shut them down here at home putting our

00:11:05.840 people out of work that's right that's peer polyev the leader of the opposition in case you

00:11:10.400 haven't heard of him he's been talking about pipelines and in my opinion that video between

00:11:15.440 carney and polyev that should have been the end of carney's career unfortunately canadians didn't

00:11:20.640 get the message but i'm sure they're getting the message now and while we're here if you're enjoying

00:11:25.360 this episode don't forget to like and subscribe let's continue watching ctv like mining uh mining

00:11:31.600 infrastructure that's how you grow the economy that's how you create jobs and that's how you create

00:11:36.800 the tax revenue that you need ultimately to get yourself out of a deficit situation you cannot

00:11:42.720 when the economy is the way it is right now with the mess that justin trudeau has left you cannot do

00:11:48.160 this no one can do it without actually spending a little bit of money to invest in economic growth

00:11:54.480 i think the the issue is that there's also monty though other things that they have committed to

00:11:59.440 spending money on that canadians have to be fair to the trudeau government come to rely on

00:12:04.000 like child care like the canada child benefit um like dental care like pharma care which they have

00:12:09.760 said that they will and i should be fair the conservatives said during the election that they

00:12:13.040 would maintain the current services the canadian access to like those are big line items as well

00:12:18.080 so other than the public service where else do you find you know spending time well as pierre

00:12:23.920 polyev said in his interview with you a few days ago there's 12 billion dollars in spending on

00:12:28.400 consultants that could go away i think canadians would cheer that i think the government needs to

00:12:33.840 move quickly to clear away the no more pipelines legislation get some of those major projects moving

00:12:39.840 i mean you do have to have economic growth and it doesn't require money to do that it requires

00:12:46.560 the government to provide some certainty to companies that are risking hundreds of millions and billions of

00:12:52.000 dollars and have signaled over and over again for a decade they need that certainty so where is it

00:13:00.160 why is the prime minister cavorting around the world with the other world leaders when he should be at

00:13:05.600 home making sure that those major projects actually get underway where's the certainty that could come

00:13:12.960 from repealing that legislation that's standing in the way from increasing economic growth that's what

00:13:18.880 he needs to be doing i think to be fair your take on that my yeah go ahead i'll get your i was just

00:13:23.600 going to say my interpretation and this is what i put to mr polly when he raised the same thing is

00:13:27.280 their belief is i'm not saying this is right or wrong but their belief is that c5 will will provide 0.95

00:13:32.640 that certainty by allowing it to override the the stuff that you're talking i know the argument is take

00:13:37.680 it all out where is it where is it and i'll give the floor to marco go for it yeah look uh to be clear i

00:13:43.360 think the fact that we not only introduced but passed bill c5 does set the conditions for a faster

00:13:48.320 approval the one project one review is a way in which you can cut through some of the redundancy

00:13:52.720 and see those projects uh get shovels in the ground and that's exactly what the prime minister

00:13:57.200 did a short time ago and there's another tranche of announcements that are coming and now we want

00:14:01.280 to see those projects get built i will say i do think it is important that as part of the overall

00:14:06.480 economic agenda that the prime minister continues to bolster our trade relations abroad and that's what

00:14:12.000 he's doing in the uk that's what he did in mexico and certainly that's what he's continuing to do

00:14:16.640 through a very set of sophisticated negotiations with the united states so you got to be able to

00:14:21.200 do both it's not just about your ability to do trade abroad you also need a domestic economic agenda

00:14:28.400 and by having c5 passed with major projects by launching building canada homes to double the

00:14:34.080 amount of housing starts that we see every year by reinvigorating and creating a new defense industry

00:14:40.720 spending you're going to be able to create canadian jobs and get the economy firing on all cylinders 1.00

00:14:45.520 yeah okay buddy just another liberal word salad who brought this idiot on anyway 0.99

00:14:52.240 but the the i guess the sort of central like cleavage point is if i if i'm listening to 0.97

00:14:57.280 everything in the aggregate james like you know yes you're saying you're going to cut spending i

00:15:01.920 understand that do you need to invest a ton in order to spur economic growth or are there you know

00:15:09.760 other things you can do in concert to maybe mitigate some of the level of investment like

00:15:15.440 i'm not sure it seems like we'll wait till november to find out the answer but what is your thought

00:15:19.200 yeah i mean look he will i think offer to try to do some of that but but you know there's clear

00:15:24.640 evidence that are there are some failed government policies that aren't working that are bad for the

00:15:28.160 economy and wasting a lot of money i mean the build canada homes project that marco just outlined i mean

00:15:32.720 it's great they're booking 14 billion dollars it's great in thematics but if you look at the the uh

00:15:38.160 the development community across canada they're all looking at this and saying this is crazy this

00:15:41.680 doesn't make any sense you know 14 billion dollars for a few thousand homes like it doesn't make any

00:15:46.480 sense at all and the scale of spend is as outrageous relative to what the return would be

00:15:51.280 this is the supply and demand issue with all kinds of regional development issues that doesn't

00:15:55.040 require 14 billion dollars from the government of canada to be funneled through bureaucracy it's a bad

00:15:59.680 policy and we've already spent 750 million dollars you talked about yesterday on your show bashi 750

00:16:05.040 million dollars on a gun buyback program that hasn't recaptured a single firearm in this country

00:16:09.040 or made anybody safer like if you can't if you can't admit the obvious stuff that has failed is

00:16:13.280 all around you and you can't sort of reverse course on those policies the prime minister has shown some

00:16:17.760 leadership and done that one on carbon pricing and a few other policies that made sense to reverse on

00:16:22.320 but on the spending side i hope there is some courage shown in the november budget because there's some

00:16:27.840 there's some debris at his feet that is easy to sweep aside of failed policies that cost a lot of

00:16:32.080 money that would do a lot of good in order to get our fiscal balance back in the right direction

00:16:36.560 and there's more than that yeah i mean i would say the federal government should be thinking about

00:16:41.920 figuring how how can they have fewer departments in government you know they've got a whole bunch of

00:16:47.680 departments that just double up with what provincial governments are already doing which is in

00:16:51.920 provincial jurisdiction many of those could be slimmed down or some of them eliminated entirely which would

00:16:57.280 mean we save a lot of money in what we spend without cutting public programs and it isn't but

00:17:02.960 i will just finish with this it isn't accurate to say that provincial and federal governments don't

00:17:08.320 need to spend money to stir to spur the kinds of economic growth we need for the resource sector

00:17:14.160 governments do need to invest in ports that's not being entirely done by the private sector and it won't

00:17:19.280 be government builds highways that's not done by the private sector for the most part and it isn't and so

00:17:25.280 we've also they are also going to have to think about um working with first nations and whether

00:17:29.760 there are going to be uh monetary settlements involved in that i mean and training workers so

00:17:34.160 there's a lot of government spending that needs to be made in order to support the growth of the economy

00:17:41.120 and in order to support the investment that should rightfully come from the private sector

00:17:45.760 uh in our resource sector and i think that when they say they want to spend that's i think what

00:17:50.480 they're talking about so that's it as far as i'm concerned carney is done when ctv left-wing ctv

00:17:58.640 taxpayer-funded ctv liberal mouthpiece ctv is calling you out you're done carney's either going to be

00:18:06.320 forced out or he's going to resign he's done mark my words mark carney is a con man he misled canadians

00:18:14.240 about everything he misled canadians about his ability to deal with donald trump he misled canadians 0.89

00:18:19.600 about his ability to deal with the economy he misled canadians about everything he's a con man

00:18:25.760 he's a criminal he needs to go and i'm about 95 sure he will go that's all i have for today

00:18:32.800 thanks for tuning in talk to you tomorrow patriots

⚠️ BOMBSHELL CTV Report Spells Trouble For Carney

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