CBC: Carney’s Government Could Collapse In TWO WEEKS
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Summary
PM Mark Carney is on his way out, and he could be out in as fast as two weeks. But all of this uncertainty is bundling into Budget Uncertainty, because two weeks from today, the PM will present his first budget, and it will need the support of at least one opposition party to pass it, and opposition parties are already saying they won t vote for it.
Transcript
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it's finally happening just as i predicted the cbc just admitted that mark carney is on his way out
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and he could be out as fast as two weeks this isn't sensationalism this ain't no click bait
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this is the real deal right here let's take a look but all of this uncertainty is bundling
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into budget uncertainty because two weeks from today mark carney's government will present its
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first budget finance minister champagne will do that and it will need the support of at least one
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opposition party to pass it and right now government house leader stephen mckinnon is
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worried that might not happen when i see opposition parties uh not uh ruling out the possibility of
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voting for the budget uh that's starting to worry me but i think it's them that are misreading the
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mood of canadians if an election is necessary we would obviously uh reluctantly because we don't
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think canadians want an election but uh election there will be question of whether there's an
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election is entirely up to mr carney as the leader of a government with a minority in parliament
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it's up to him to craft a budget that can win the support of at least one opposition party if mr carney
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provides a budget that no party can support we'll go take our fight to the canadian people i want to
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point out this is coming from the cbc this isn't coming from me it's coming from the cbc even the ndp
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leader don davies has admitted recently on live television ctv that he rejects carney's budget
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and even he's going to vote against it and get us ready for a new election i've got 30 seconds left
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are you really willing in your party's position at this point with an interim leader an election of a
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permanent leader months away to force an election if this if the question of support came down to the
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ndp over this budget that's a question entirely for mr carney he's no it's a question for you no he's
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not he's the leader of the minority parliament and it's his job to craft a budget that can win the
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support of at least one opposition party and we've been very clear on what he would have to do to get
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our support now it's up to him so the if there's an election coming up which i don't think canadians
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want or need that's that'll be on mr carney it's happening the ndp actually said in more or less words
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that it doesn't support carney's budget and is ready to go to a new election that's great news before
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we go any further i want to let you know my videos they're not getting as much traction as they
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normally do if you see this part don't forget to like subscribe and let me know whether you saw this
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in the comment section thanks now let's watch the rest of this interview where the ndp leader don
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davies rips carney apart for failing to live up to the expectations that he himself set for canadians
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welcome back to power play prime minister mark carney has finished a series of meetings with
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opposition leaders and just over 90 minutes he's set to deliver a speech on his so-called budget
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vision to enact that vision though he will need some support from the opposition because of course
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his government remains three seats short of a majority in the house of commons so what would
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it take for the ndp to support the budget interim leader of the party don davies is live with me
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in studio now hi mr davies it's good to see you again i appreciate you making the time nice to be
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with you bashi so today we have a list of demands from both the bloc and the conservatives that they
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would like to see the prime minister meet in order to secure their support do you have such a list
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well let me set the context for the budget you know it's a very important budget coming up it's
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the first one in 18 months which has been unusual in the federal sector and i think uh the situation
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is is pretty dire across the country we face jobs crisis you know there's thousands of auto workers
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facing the jobs loss we have you know people losing their jobs at imperial oil the forestry sectors
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uh in charge or in trouble and uh we have uh particular problems with young canadians with
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unemployment but one in six young people out of work on top of that you have sky high grocery prices
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rent is unaffordable and the numbers that came out yesterday show that grocery prices are going up
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you know another four percent rent another five percent and come back ten percent so canadians are
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really suffering and we're looking for a budget that responds to those uh very real needs for canadians
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and then on top of that you've got the threat south of the border so i guess the bottom line
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is there's two different approaches we can take to this budget they can take an austerity approach one
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with cuts or we can invest in canadian communities and canadian companies and canadian workers and
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canadian infrastructure and so the ndp has been very clear that we want to see an investment budget
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one that builds our economy and puts people to work the prime minister says it's going to be both
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is that possible we'll see you know we've been very clear on the new democrat side what we
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want to see we've we've said that we will not support an austerity approach we will analyze
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the budget when it comes out and i think only that's what a responsible opposition party has
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to do we have to wait and see what the budget contains before we uh before we we can make a
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decision on it um but we have said we're analyzing it through the lens of whether it's good for working
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families and we've identified some key areas we want to make sure that this budget creates good
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family sustaining jobs uh creates non-market affordable housing for canadians and uh supports
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our healthcare system because we don't think we can have a healthy workforce uh or a healthy workforce
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i should say goes ahead goes along with a healthy economy so those are kind of the things that we've
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identified that we need to see in the budget and we'll see what happens all of that would necessitate
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higher levels of spending which in turn could put a significant upward pressure on the cost of living
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for canadians are you prepared to deal with the impact of that and by that i mean like are you
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prepared to support something that makes life more expensive for canadians well governing is about
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choices you know um we note that mr carney spontaneously and uh without mentioning it during
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the election talked about five percent gdp spending on the military he announced spending what was it uh
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nine billion dollars this summer just came out of nowhere uh and if you're talking about a five
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percent gdp you're talking about 150 billion dollars by 2035 a year so we would rather see
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that money go into other things uh like housing you would rather just to be clear you would rather
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canada not meet its commitment to nato no no our commitment to nato was two percent that's nine
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million dollars this year yes that's that but i'm saying that he had no problem finding that money
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so but we're also talking about a five percent increase that mr carney has floated and that's
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that's because what nato members are talking about that's an agreement that they've put in place for 2035
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yeah no that's five percent is is not a number that anybody has ever floated canada as an acceptable
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amount of money to spend on on our defense forces was not mentioned during the election uh two percent
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was the consensus that the parties were talking about as meeting our nato commitments i'm just
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saying that there's choices that are made the other thing that mr carney did is he has uh cut
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important revenue sources which have put us in a a revenue problem that we have right now for instance
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he cut the digital services tax you know a tax that was intended to apply to some of the biggest
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most profitable country companies in the world and he did that of course to appease mr trump so
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not only does it hurt our treasury and uh you know we lose money that we need right now to support
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canadians and the services they need but it's also another appeasement of mr trump that so far hasn't
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worked but that is that ultimately that was done not just to appease mr trump it was also an
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irritant with the previous president it's not just this case like if if ultimately the objective is
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to move negotiations with with the white house along in order to secure support for the sectors
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and the people that you have just described are so uh so impacted like don't you have to try what
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you have to try well the liberals told parliament for five years in the house of commons that we had
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to have a digital services tax that it was only fair to tax huge companies we're talking facebook we're
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talking x talking elon musk and mark zuckerberg some of the biggest companies in the world that
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we wanted to to get a fair bit of taxes from the profits they make in canada over 20 million dollars
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so the liberals i mean they're the ones that told us that we needed it and then after five years
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doing about face um that doesn't strike me as good policy making what i'm saying is i think that
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we need to see investment in this upcoming budget this is an opportunity for us to develop the
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canadian economy to become more self-sufficient to diversify our trade relationships away from
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united states and and i think that it's not a time to cut services that canadians rely on
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we're not going to be able to cut our way to success why does creating jobs helping the canadian
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economy necessitate more spending from the government and i'll ask again i'll put it a
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different way the debt servicing costs this year are 55 billion dollars imagine how much additional
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money for health care or transfers to provinces or dental care for example could be offered instead
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of paying the interest charges on the debt that we hold what you're suggesting more investment on
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all those fronts would only add to that number and take away from the ability to provide all those
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other services why is that a good approach well it's a good question to ask the liberals i mean
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they've been in power for 10 years and they're the ones who got us to the position we're in right now
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you supported them for forum for a couple years that we did yeah in order to get services for
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canadians like dental care and uh and pharma care things that actually saved canadians money but
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you kept them in power to be blunt we did but for specific outcomes you know and uh um but what i
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would say is this is if if we have a huge deficit problem then why did mr carney uh bring in a cut to
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the first marginal tax rate which is going to cost us something like 28 billion dollars why did he get
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rid of the canadians feel overtaxed why did he get why did he get rid of the capital gains inclusion
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change which they said was essential for intergenerational equity would affect only
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less than one percent of canadians with an average income of 1.4 million dollars first thing mr carney
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did he jettisoned that that was 20 billion dollars over five years um the government the digital services
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tax so he has basically eliminated tens of billions of dollars of revenue sources raised from people who can
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afford to pay it huge tech companies multi-millionaires in this country um with a p you know the one tax
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break that he gave which by the way will disproportionately um benefit high income earners not the poorest
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canadians so that's what they chose to do and of course he's run into a fiscal problem so what i'm
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saying now is now's not the time to cut services canadians need um at a time when they're really struggling
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with uh with uh you know trying to make ends meet month to month we need to invest in our country
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have you relayed like that meeting that you had i think it was on october the 1st correct me if i'm
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wrong was that focused on the budget was that the message that you relayed to the prime minister and
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do you believe she will be receptive to it uh well it was our first meeting and we did touch on uh on
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the general fiscal situation and i was very clear with them as new democrats have been from the beginning
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is that we're looking for a budget that helps working families it's got to create jobs it has to
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create affordable housing it has to support and and protect health care um and uh we will not
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support an austerity approach um it's absolutely the wrong way to go and you know we'll see what mr
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carne is going to tell the the nation tonight but um you know now's the time to invest in our country
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in canadian communities in canadian companies and canadian workers in canadian infrastructure that's
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the proper response to mr trump i don't think instead of pursuing unilateral concessions and cutting
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services that canadians need now more than ever now i have a really good feeling about this at the
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very most it signifies that carney is on his way out and he could be out before christmas at the very
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least it signifies that carney is losing control of parliament and will eventually have to call a new
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election to try to win a majority now just to be fair the ndp and the bloc they have a habit of saying
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one thing and doing another so i'm not 100 optimistic we will have a new election by the end of the year
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i'm hoping for it but i'm not 100 optimistic but at the very least what i'm trying to say is that
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this shows that carney won't be around for four years if this is the kind of stuff they're saying
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now early in carney's term imagine what they're going to say later when he falls in the polls and
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other parties start to rise in the polls even if carney survives the budget vote which i hope he
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doesn't but even if he survives he's not going to be around very long i predict we're going to have
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a no confidence vote early next year poliev is going to swoop in and we're going to have a
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majority conservative government possibly a super majority even cpac recently put out a video
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confirming what i'm telling you if you haven't seen it check it out after this one like i always say
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have some patience have some faith the conservatives are going to get into power
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and they're going to get into power soon have a great night patriots talk to you all tomorrow