Mark Slapinski - October 23, 2025


CBC: Carney’s Government Could Collapse In TWO WEEKS


Episode Stats

Length

12 minutes

Words per Minute

207.99916

Word Count

2,628

Sentence Count

2

Misogynist Sentences

1


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

00:00:00.000 it's finally happening just as i predicted the cbc just admitted that mark carney is on his way out
00:00:06.400 and he could be out as fast as two weeks this isn't sensationalism this ain't no click bait
00:00:12.400 this is the real deal right here let's take a look but all of this uncertainty is bundling
00:00:17.360 into budget uncertainty because two weeks from today mark carney's government will present its
00:00:21.920 first budget finance minister champagne will do that and it will need the support of at least one
00:00:26.160 opposition party to pass it and right now government house leader stephen mckinnon is
00:00:30.560 worried that might not happen when i see opposition parties uh not uh ruling out the possibility of
00:00:38.720 voting for the budget uh that's starting to worry me but i think it's them that are misreading the
00:00:43.360 mood of canadians if an election is necessary we would obviously uh reluctantly because we don't
00:00:49.840 think canadians want an election but uh election there will be question of whether there's an
00:00:54.640 election is entirely up to mr carney as the leader of a government with a minority in parliament
00:01:00.880 it's up to him to craft a budget that can win the support of at least one opposition party if mr carney
00:01:09.200 provides a budget that no party can support we'll go take our fight to the canadian people i want to
00:01:14.560 point out this is coming from the cbc this isn't coming from me it's coming from the cbc even the ndp
00:01:20.480 leader don davies has admitted recently on live television ctv that he rejects carney's budget
00:01:26.800 and even he's going to vote against it and get us ready for a new election i've got 30 seconds left
00:01:32.080 are you really willing in your party's position at this point with an interim leader an election of a
00:01:36.560 permanent leader months away to force an election if this if the question of support came down to the
00:01:41.040 ndp over this budget that's a question entirely for mr carney he's no it's a question for you no he's
00:01:46.080 not he's the leader of the minority parliament and it's his job to craft a budget that can win the
00:01:51.280 support of at least one opposition party and we've been very clear on what he would have to do to get
00:01:55.440 our support now it's up to him so the if there's an election coming up which i don't think canadians
00:02:00.320 want or need that's that'll be on mr carney it's happening the ndp actually said in more or less words
00:02:06.480 that it doesn't support carney's budget and is ready to go to a new election that's great news before
00:02:12.320 we go any further i want to let you know my videos they're not getting as much traction as they
00:02:15.840 normally do if you see this part don't forget to like subscribe and let me know whether you saw this
00:02:21.120 in the comment section thanks now let's watch the rest of this interview where the ndp leader don
00:02:26.080 davies rips carney apart for failing to live up to the expectations that he himself set for canadians
00:02:32.000 welcome back to power play prime minister mark carney has finished a series of meetings with
00:02:35.440 opposition leaders and just over 90 minutes he's set to deliver a speech on his so-called budget
00:02:40.320 vision to enact that vision though he will need some support from the opposition because of course
00:02:45.520 his government remains three seats short of a majority in the house of commons so what would
00:02:49.600 it take for the ndp to support the budget interim leader of the party don davies is live with me
00:02:54.320 in studio now hi mr davies it's good to see you again i appreciate you making the time nice to be
00:02:57.760 with you bashi so today we have a list of demands from both the bloc and the conservatives that they
00:03:01.920 would like to see the prime minister meet in order to secure their support do you have such a list
00:03:05.840 well let me set the context for the budget you know it's a very important budget coming up it's
00:03:11.440 the first one in 18 months which has been unusual in the federal sector and i think uh the situation
00:03:18.240 is is pretty dire across the country we face jobs crisis you know there's thousands of auto workers
00:03:23.520 facing the jobs loss we have you know people losing their jobs at imperial oil the forestry sectors
00:03:28.880 uh in charge or in trouble and uh we have uh particular problems with young canadians with
00:03:34.560 unemployment but one in six young people out of work on top of that you have sky high grocery prices
00:03:40.320 rent is unaffordable and the numbers that came out yesterday show that grocery prices are going up
00:03:45.280 you know another four percent rent another five percent and come back ten percent so canadians are
00:03:50.480 really suffering and we're looking for a budget that responds to those uh very real needs for canadians
00:03:58.000 and then on top of that you've got the threat south of the border so i guess the bottom line
00:04:02.640 is there's two different approaches we can take to this budget they can take an austerity approach one
00:04:08.240 with cuts or we can invest in canadian communities and canadian companies and canadian workers and
00:04:14.560 canadian infrastructure and so the ndp has been very clear that we want to see an investment budget
00:04:19.040 one that builds our economy and puts people to work the prime minister says it's going to be both
00:04:22.880 is that possible we'll see you know we've been very clear on the new democrat side what we
00:04:27.680 want to see we've we've said that we will not support an austerity approach we will analyze
00:04:32.160 the budget when it comes out and i think only that's what a responsible opposition party has
00:04:36.400 to do we have to wait and see what the budget contains before we uh before we we can make a
00:04:42.400 decision on it um but we have said we're analyzing it through the lens of whether it's good for working
00:04:47.040 families and we've identified some key areas we want to make sure that this budget creates good
00:04:52.480 family sustaining jobs uh creates non-market affordable housing for canadians and uh supports
00:04:58.720 our healthcare system because we don't think we can have a healthy workforce uh or a healthy workforce
00:05:03.040 i should say goes ahead goes along with a healthy economy so those are kind of the things that we've
00:05:08.080 identified that we need to see in the budget and we'll see what happens all of that would necessitate
00:05:13.440 higher levels of spending which in turn could put a significant upward pressure on the cost of living
00:05:19.040 for canadians are you prepared to deal with the impact of that and by that i mean like are you
00:05:24.320 prepared to support something that makes life more expensive for canadians well governing is about
00:05:28.800 choices you know um we note that mr carney spontaneously and uh without mentioning it during
00:05:34.000 the election talked about five percent gdp spending on the military he announced spending what was it uh
00:05:40.000 nine billion dollars this summer just came out of nowhere uh and if you're talking about a five
00:05:45.440 percent gdp you're talking about 150 billion dollars by 2035 a year so we would rather see
00:05:51.600 that money go into other things uh like housing you would rather just to be clear you would rather
00:05:56.080 canada not meet its commitment to nato no no our commitment to nato was two percent that's nine
00:06:00.800 million dollars this year yes that's that but i'm saying that he had no problem finding that money
00:06:05.200 so but we're also talking about a five percent increase that mr carney has floated and that's
00:06:10.160 that's because what nato members are talking about that's an agreement that they've put in place for 2035
00:06:15.280 yeah no that's five percent is is not a number that anybody has ever floated canada as an acceptable
00:06:21.360 amount of money to spend on on our defense forces was not mentioned during the election uh two percent
00:06:26.960 was the consensus that the parties were talking about as meeting our nato commitments i'm just
00:06:31.040 saying that there's choices that are made the other thing that mr carney did is he has uh cut
00:06:36.480 important revenue sources which have put us in a a revenue problem that we have right now for instance
00:06:41.440 he cut the digital services tax you know a tax that was intended to apply to some of the biggest
00:06:46.560 most profitable country companies in the world and he did that of course to appease mr trump so
00:06:52.000 not only does it hurt our treasury and uh you know we lose money that we need right now to support
00:06:57.840 canadians and the services they need but it's also another appeasement of mr trump that so far hasn't
00:07:03.280 worked but that is that ultimately that was done not just to appease mr trump it was also an
00:07:09.680 irritant with the previous president it's not just this case like if if ultimately the objective is
00:07:15.280 to move negotiations with with the white house along in order to secure support for the sectors
00:07:20.480 and the people that you have just described are so uh so impacted like don't you have to try what
00:07:25.520 you have to try well the liberals told parliament for five years in the house of commons that we had
00:07:31.920 to have a digital services tax that it was only fair to tax huge companies we're talking facebook we're
00:07:38.080 talking x talking elon musk and mark zuckerberg some of the biggest companies in the world that
00:07:43.520 we wanted to to get a fair bit of taxes from the profits they make in canada over 20 million dollars
00:07:49.520 so the liberals i mean they're the ones that told us that we needed it and then after five years
00:07:54.000 doing about face um that doesn't strike me as good policy making what i'm saying is i think that
00:08:01.040 we need to see investment in this upcoming budget this is an opportunity for us to develop the
00:08:06.080 canadian economy to become more self-sufficient to diversify our trade relationships away from
00:08:11.200 united states and and i think that it's not a time to cut services that canadians rely on
00:08:16.320 we're not going to be able to cut our way to success why does creating jobs helping the canadian
00:08:21.200 economy necessitate more spending from the government and i'll ask again i'll put it a
00:08:25.840 different way the debt servicing costs this year are 55 billion dollars imagine how much additional
00:08:31.440 money for health care or transfers to provinces or dental care for example could be offered instead
00:08:36.480 of paying the interest charges on the debt that we hold what you're suggesting more investment on
00:08:42.400 all those fronts would only add to that number and take away from the ability to provide all those
00:08:47.520 other services why is that a good approach well it's a good question to ask the liberals i mean
00:08:51.840 they've been in power for 10 years and they're the ones who got us to the position we're in right now
00:08:55.440 you supported them for forum for a couple years that we did yeah in order to get services for
00:09:00.000 canadians like dental care and uh and pharma care things that actually saved canadians money but
00:09:04.400 you kept them in power to be blunt we did but for specific outcomes you know and uh um but what i
00:09:11.360 would say is this is if if we have a huge deficit problem then why did mr carney uh bring in a cut to
00:09:18.720 the first marginal tax rate which is going to cost us something like 28 billion dollars why did he get
00:09:23.360 rid of the canadians feel overtaxed why did he get why did he get rid of the capital gains inclusion
00:09:29.040 change which they said was essential for intergenerational equity would affect only
00:09:34.320 less than one percent of canadians with an average income of 1.4 million dollars first thing mr carney
00:09:39.120 did he jettisoned that that was 20 billion dollars over five years um the government the digital services
00:09:46.640 tax so he has basically eliminated tens of billions of dollars of revenue sources raised from people who can
00:09:52.960 afford to pay it huge tech companies multi-millionaires in this country um with a p you know the one tax
00:10:01.120 break that he gave which by the way will disproportionately um benefit high income earners not the poorest
00:10:07.040 canadians so that's what they chose to do and of course he's run into a fiscal problem so what i'm
00:10:13.360 saying now is now's not the time to cut services canadians need um at a time when they're really struggling
00:10:19.680 with uh with uh you know trying to make ends meet month to month we need to invest in our country
00:10:25.120 have you relayed like that meeting that you had i think it was on october the 1st correct me if i'm
00:10:28.800 wrong was that focused on the budget was that the message that you relayed to the prime minister and
00:10:33.280 do you believe she will be receptive to it uh well it was our first meeting and we did touch on uh on
00:10:38.800 the general fiscal situation and i was very clear with them as new democrats have been from the beginning
00:10:43.360 is that we're looking for a budget that helps working families it's got to create jobs it has to
00:10:48.160 create affordable housing it has to support and and protect health care um and uh we will not
00:10:54.000 support an austerity approach um it's absolutely the wrong way to go and you know we'll see what mr
00:10:58.880 carne is going to tell the the nation tonight but um you know now's the time to invest in our country
00:11:05.360 in canadian communities in canadian companies and canadian workers in canadian infrastructure that's
00:11:10.960 the proper response to mr trump i don't think instead of pursuing unilateral concessions and cutting
00:11:16.560 services that canadians need now more than ever now i have a really good feeling about this at the
00:11:21.520 very most it signifies that carney is on his way out and he could be out before christmas at the very
00:11:27.280 least it signifies that carney is losing control of parliament and will eventually have to call a new
00:11:32.320 election to try to win a majority now just to be fair the ndp and the bloc they have a habit of saying
00:11:38.320 one thing and doing another so i'm not 100 optimistic we will have a new election by the end of the year
00:11:44.320 i'm hoping for it but i'm not 100 optimistic but at the very least what i'm trying to say is that
00:11:50.000 this shows that carney won't be around for four years if this is the kind of stuff they're saying
00:11:54.640 now early in carney's term imagine what they're going to say later when he falls in the polls and
00:12:00.640 other parties start to rise in the polls even if carney survives the budget vote which i hope he
00:12:05.520 doesn't but even if he survives he's not going to be around very long i predict we're going to have
00:12:10.080 a no confidence vote early next year poliev is going to swoop in and we're going to have a
00:12:14.400 majority conservative government possibly a super majority even cpac recently put out a video
00:12:20.480 confirming what i'm telling you if you haven't seen it check it out after this one like i always say
00:12:25.600 have some patience have some faith the conservatives are going to get into power
00:12:29.760 and they're going to get into power soon have a great night patriots talk to you all tomorrow