00:00:09.360Even with the GST, HST, easy to understand tax break, you haven't rushed right out to get your shopping done?
00:00:15.820You know, the other thing that the government completely screwed up on that has totally screwed up my Christmas shopping has been this Canada Post strike.
00:00:23.640So, number one, the whole idea of doing back-to-work legislation is unpopular anyway.
00:00:44.180So, yeah, needless to say, this mom who has, like, relatives across Canada, y'all are getting your presents around, I don't know, Valentine's Day.
00:01:18.320No, I did my shopping mostly on Black Friday.
00:01:22.160But, unfortunately, with the post-strike for Christmas, technically, everybody's going to get the drill count of posts, sorry, we missed you.
00:01:30.960We'll let you pick up your package at a deeply inconvenient location, slips.
00:01:36.440I think that's what everybody's going to get this year.
00:02:27.660So, for folks who've been asleep and didn't know, Finance Minister Chrystia Freeland was supposed to deliver her fall economic update.
00:02:36.040What that means in normal people talk is like a baby budget, like a mini budget, where you update the numbers.
00:02:41.640And that was supposed to be done, like, weeks ago, but it was going to then be done on Monday.
00:02:48.240Turns out, yeah, no, sorry, no soup for them.
00:02:52.080They blew through their so-called fiscal guardrail, which, by the way, was a $40 billion deficit, which is a crazy, terrible fail, okay, from this government.
00:03:02.240But they blew through that, and it's about a $62 billion deficit.
00:03:06.700But apparently, Freeland didn't want to polish that one for Trudeau, and she resigned before that could happen.
00:03:14.720So, I just wanted to go around the horn before we get to our clips and all the fun that happened after that.
00:03:19.720What was your guys' reaction to that when you saw the wheels falling off there on Monday?
00:03:24.520My favorite part was when the speaker stood up at 4 o'clock.
00:03:28.940He's like, well, it's 4 o'clock, and technically I'm supposed to stand up and get the Finance Minister to talk, but there's no Finance Minister.
00:03:39.840No, I thought it was a really interesting day.
00:03:43.080You know, I woke up on a Monday thinking, oh, well, it's going to be another day, maybe the fall economic statement provides some news.
00:03:49.680But I did not have this one on my bingo card, and I'm pretty sure most people didn't either.
00:03:54.660I mean, it's understandable from Chrysia Freeland's perspective, as someone who wants to run for the liberal leadership after Trudeau, and someone who doesn't want to have their reputation tarnished further.
00:04:07.180You know, it's not like her reputation is, you know, extremely clean.
00:04:10.700You know, she's widely beloved by all Canadians.
00:04:14.280But tabling a fall economic statement in which you blow past your fiscal guardrail, it really does not help if you're trying to, you know, appeal to Canadians and try and convince them that you are going to be able to adequately manage the country's finances if you become Prime Minister.
00:04:33.520So, she did, and she also has a book coming out, which is interesting, it's called Chrysia.
00:04:39.700So, you know, this, I think, you know, this was probably, you know, more or less planned by her.
00:04:44.380She, you know, came to this conclusion probably a while ago.
00:04:47.980And it also seems that this was like a bit of an interpersonal dispute between Trudeau and Freeland.
00:04:53.620Freeland has been very loyal to Trudeau, one of Trudeau's most valiant soldiers.
00:04:58.800And she has taken a lot of blows on behalf of the Prime Minister.
00:05:04.200But after the Prime Minister said, yeah, I want you out of the finance ministry, I'm going to put you in a role with where you get no staff and no additional resources.
00:05:13.940You're basically just going to have a nameplate on a door and that's about it.
00:05:19.700She's like, no, I'm not going to deal with this.
00:05:21.660I want to be Prime Minister in the future.
00:05:23.820And it looks as if a lot of Liberals are, you know, looking up there as like a folk hero of sorts.
00:05:30.400But it's definitely a lot, all the more pressure for the Prime Minister to resign after a disastrous year in office.
00:05:38.340William, what did you think about Freeland's JetBlue performance?
00:05:42.320Well, look, I think I figured out what happened.
00:05:45.000And it's that Justin Trudeau went to the new finance minister store and he ordered himself a new finance minister.
00:05:52.160But unfortunately, because of the Canada Post strike, the new finance minister didn't show up on time.
00:05:57.540Mark Carney's probably stuck in a Canada Post warehouse right now, waiting for Canada Post to deliver him.
00:06:04.020So the fact that he already fired his former finance minister without actually getting a replacement left him into a really embarrassing situation on Monday,
00:06:14.100where Chrystia Freeland, after being put upon by this prime minister, oh, so much over the past few months, finally said enough is enough.
00:06:22.420I'm not going to defend an economic update with measures in it that I don't believe in.
00:06:27.680And I'm certainly not going to do it knowing that you've tried to boot me or have booted me for someone else.
00:06:34.320By the way, someone else who didn't want to even join Mr. Trudeau's government.
00:07:45.320I will point out, from a taxpayer's perspective, this is a totally different Liberal government.
00:07:51.240We have got a record deficit, and Chrystia Freeland, as finance minister, helped Trudeau double the national debt.
00:08:02.420She was a huge carbon tax cheerleader.
00:08:05.520She loved hiking up the capital gains tax on people's properties and assets.
00:08:10.220She froze Canadians' bank accounts when they had the temerity to disagree with her government peacefully.
00:08:16.020So yeah, she's one of the worst finance ministers I've ever known in Canadian history.
00:08:21.120And I'm saying one of the, to hedge my bets, because I'm always scared there's some alternate dimension way back in the 1800s that I'm not aware of,
00:08:29.620where there was a worse finance minister.
00:08:34.340So as far as the Parliamentary Press Gallery goes, they can save the sonnets, okay, when it comes to Freeland.
00:08:39.680All that said, William and Noah, I did enjoy the circus that happened afterwards, and it just kept rolling all week.
00:08:48.660We've got this clip, and it is a clip, it's a long one, from Prime Minister Justin Trudeau.
00:08:53.560And I've been told to say this, warning, it's a clip from Prime Minister Justin Trudeau.
00:08:58.640So please stay with us, listen to the entire thing.
00:09:00.820But this is fascinating, because this is, keep in mind, after Freeland quits, after they have no finance minister to deliver a terrible fall economic statement,
00:09:13.240after a massive caucus meeting that went on and on, where Freeland apparently got a standing ovation, and he did not.
00:09:21.680So imagine all of this going up to your annual holiday party.