EZRA LEVANT | Best of The Ezra Levant Show in 2025
Episode Stats
Length
1 hour and 4 minutes
Words per Minute
164.75308
Summary
Ezra LeVant's interview with Jack Dorian Fink, CEO of BlackRock and founder of the world's biggest financial giant, about his views on the anti-establishment protests in the streets of London, and why he thinks immigrants should not be welcome in the UK.
Transcript
00:00:00.320
Tonight, the best of 2025. You're watching The Ezra LeVant Show.
00:00:19.780
Mr. Fink, are you going to follow Donald Trump's plan and get rid of DEI and ESG in your companies?
00:00:25.940
BlackRock really is the opposite of Donald Trump in so many ways.
00:00:33.020
You're authoritarian, you're anti-populist, you're top-down.
00:00:37.320
Are you going to change it all in light of the U.S. presidency?
00:00:42.700
How has Donald Trump, have you talked to Donald Trump since he was elected?
00:00:49.180
Is the World Economic Forum a counterpoint to Donald Trump?
00:00:55.940
Why are you running away from simple questions?
00:00:59.040
Just answer a question. Have you talked to President Trump yet?
00:01:02.380
Why are your bodyguards pushing away journalists, Mr. Fink?
00:01:06.300
They're simple questions. Is it that hard to answer a question that you need bodyguards?
00:01:11.200
Which makes more money for you, war in Ukraine or peace in Ukraine?
00:01:19.640
Am I supposed to be scared? Is that a threat, Mr. Fink?
00:01:22.080
Are you used to bullying your way through life?
00:01:29.500
When was the last time you answered a question that you didn't know was coming?
00:01:37.640
Isn't that what you love about the World Economic Forum?
00:01:46.340
Which of your former directors do you want to run Canada?
00:02:05.360
What's with taking photos of journalists who ask you prickly questions?
00:02:12.340
Why do you think you're so disliked around the world?
00:02:23.980
Why are so many U.S. states divesting from your ESG schemes?
00:02:30.260
Why are you putting your ideology ahead of your investors with ESG, Mr. Fink?
00:02:47.600
I just feel like walking with him now because his big scary bodyguards.
00:03:00.140
And I don't know, Ezra, I just want to make it clear I will not kill myself.
00:03:07.700
Mr. Fink's taking pictures of me and Abiyamini.
00:03:26.960
Why do you think BlackRock has become so hated, one of the world's most reviled brands?
00:03:40.720
And what I mean by that is, if a mum, and I presume your grandma, feels that it's time to take to the streets, which I'm just going to guess.
00:03:49.600
I'm guessing you're not a regular protest-goer.
00:03:55.080
So the fact that you feel compelled to do this tells me that the UK, that things have gotten serious and things are different now.
00:04:01.900
You know, they're robbing things all out the shops in Epping.
00:04:06.200
Like, people have got a lovely market on a Monday.
00:04:11.780
One of them was charged with sexual assault of a 14-year-old girl.
00:04:21.180
I would like to ask the people who are on the other side of the fence why they're here supporting people like this, when predominantly they're women as well.
00:04:35.720
This is about a whole nother level of women feeling safe here to go out during the day, not just the night, and just be able to do that rather than concerned about who is lurking around the next corner.
00:05:02.600
I don't think he gets told the word no too often.
00:05:05.720
There are some residents here who have popped out to see all the excitement.
00:05:12.200
And I've had a bit of a chat with some of them.
00:05:15.960
People even who don't show up at the protests today have expressed their opposition to a migrant hotel right in the heart of their community, right near their schools.
00:05:25.180
As I mentioned, in addition to actual sexual crimes, like the rape of the 14-year-old girl, there have just been creepiness, like migrant men hanging out at playgrounds taking photographs of young children.
00:05:37.100
And in that case, the police said, well, what is there that we can do?
00:05:42.500
I'm in the kettling area for the group that has come in from London.
00:05:49.660
I don't know how many, but it's several hundred.
00:05:52.840
If you told me there were 500 people here, I'd believe you.
00:05:55.620
It rivals, in numbers, the people we've seen outside.
00:05:59.140
But quite soon after I arrived here, the Antifa marshals came to block our camera.
00:06:07.840
And even right now, he's trying to block the camera shot.
00:06:11.580
It may be easier if you stepped out there to do your thing, because I think...
00:06:20.320
It's entirely up to you, but I don't think he's going to stop doing what he's doing unless you...
00:06:29.080
So, what's interesting is that the Antifa side, the pro-Hamas side, the anti-Semitic side,
00:06:39.680
And it just goes to the professional activism of the other side.
00:06:46.420
What we saw earlier today on the Epping side was grassroots.
00:07:10.220
If we're going to start implementing rules, the security badge needs to be on display.
00:07:44.720
Well, I'm not concerned as to whether it's a rude thing to say.
00:07:49.440
Well, this is absolutely ridiculous that it's unchristian.
00:07:58.740
And then you're telling me, his blood be upon us and upon our children.
00:08:07.380
No, I think you're a Jew, and I think you should go away.
00:08:10.520
I think you're a Jew, and I think you should go away.
00:08:12.040
I think you're MI6 sent here to undermine the credibility of this.
00:08:22.060
You're so disreputable that I think that your net effect is to discredit the anti-immigration movement.
00:08:27.260
I think the reason that you should go away is because you're a Jew.
00:08:37.240
Well, Justin Barrett, I think you're an embarrassment to Ireland.
00:08:52.680
Well, you know, I'm very sorry that you're so hateful, and I'm worried that...
00:09:13.360
Jews have never been a friend to anybody except other Jews.
00:09:16.520
I think you've got some short man issues going on here.
00:09:54.040
All five foot nothing of you is shaking like a leaf.
00:10:04.900
I think you guys are little wannabe brown shirts.
00:10:16.880
National Socialism knew how to deal with people like you.
00:10:53.560
This government doesn't care for our own people.
00:11:10.400
The government here, like many Russian governments,
00:11:17.700
Because we're losing our culture or our history.
00:11:23.300
I don't know if you can hear me over the noise of the crowd.
00:11:47.640
And the people in Leicester House are just not listening.
00:12:08.340
were allowed to report on the second half of the trial,
00:12:12.320
because you're not going to hear it from the mainstream media,
00:12:14.320
because I've looked through the mainstream media
00:12:26.640
and other people who have flown over from Canada
00:12:34.120
No one else other than the government-controlled,
00:12:40.060
are allowed to report on what's going on inside the courtroom.
00:12:42.540
And it's meant to be about fair and open justice
00:12:56.920
because he was supposed to have done certain things
00:13:18.580
that you're being charged under the terrorism act.
00:54:25.980
Peaceful protest turned not peaceful, horses stormed in, firecrackers were shot in response.
00:54:43.980
I've been hit with pepper spray, I'm not opening my right eye because my face has pepper spray on it.
00:55:07.980
They charged everyone, pepper spraying everyone, including journalists like myself, indiscriminately.
00:55:13.980
There are women and children in this protest, they were pepper sprayed as well.
00:55:17.980
I've never been pepper sprayed before, it's quite painful.
00:55:20.980
And more than that, it's disabling, you can't see and so you can't really react.
00:55:26.980
I'm being guided around by my videographer, Lincoln Jay, thank you Lincoln.
00:55:30.980
An incredible show of force by the Irish police defending the migrants against Irish citizens.
00:55:37.980
Many of the protesters here would wonder when the Gardaà will protect Irish citizens from the refugees.
00:55:44.980
If you look at us, thankfully, we've just sent us thatagit of illegal people.
00:55:52.980
Let's go to work and mate, you see how we can happen, no Nejala is.
00:56:11.320
All right, so I got pepper sprayed to the face.
00:56:15.480
I want to let you know I'm crying from the pepper, not from sorrow.
00:56:19.100
But it's quite a violent response from the GardaÃ.
00:56:21.340
Now, in fairness to them, there were some protesters who threw some projectiles at them.
00:56:26.760
And there were three men on horses that stomped on some pylons.
00:56:30.620
But holy smokes did the police respond with overwhelming force.
00:56:34.520
Like I say, probably 100 police, full riot gear.
00:56:38.080
They had attack dogs, pepper spraying everyone in the face indiscriminately.
00:56:52.760
There's no political party in the Irish Parliament or the Senate that represents these people.
00:57:00.040
There's no mainstream media organization that represents these people.
00:57:06.040
The first deadline in the MOU, if I'm reading it right, is April, where the duty is on Alberta to jack up carbon taxes.
00:57:19.440
And the last date in the MOU, if I'm reading it right, correct me if I'm not, is 2040.
00:57:25.300
That's when this pipeline, you know, that's sort of the end date.
00:57:30.240
In terms of building trust with the anti-oil liberals, they're asking Alberta to raise carbon taxes now for a promise of an oil pipeline years or even more than a decade in the future.
00:57:48.920
And one thing I would say is that we did have the Supreme Court of Canada rule on the federal government's ability to set a price on emissions.
00:58:01.160
It's part of the reason why we negotiated a stringency agreement that would have seen the carbon tax price go up to $170 a barrel by 2030.
00:58:10.000
We've demonstrated, and I think the Prime Minister agrees, that's too high, too fast.
00:58:16.300
So that's why we understand that there was always going to be a negotiation around that.
00:58:21.580
We froze the carbon tax at $95 pending consultation with the industry and greater work with the Prime Minister.
00:58:27.820
But remember, Alberta was the first to have an industrial carbon price.
00:58:34.080
It's generated revenues that have allowed us to invest billions of dollars in new technologies, including carbon capture.
00:58:40.500
So there is a commitment on the part of the industry to have a carbon price, and we did do some consultation on that.
00:58:46.580
We're just glad that we have the means to manage it our way in Alberta under our tier program.
00:58:52.380
And we'll see as of April 1st—and no, that wasn't a joke.
00:58:56.360
April 1st is going to be the date that we have an agreement on that front.
00:59:01.820
When it comes to the building of a bitumen pipeline to Asian markets to the B.C. coast, if you read the MOU, those two things have to happen in tandem.
00:59:11.820
We have to see the Pathways project proceeding at the same time as an agreement to build that.
00:59:19.000
I don't know that the Prime Minister would have agreed to a new bitumen pipeline without Pathways,
00:59:22.640
and we wouldn't have agreed to Pathways without a new bitumen pipeline.
00:59:28.780
We've already had a meeting with Pathways about how we're going to do that.
00:59:32.540
That will require a trilateral negotiation as well.
00:59:37.880
Since we have used carbon capture technology before for enhanced oil recovery,
00:59:42.160
that's another part of this announcement is that CO2 will be able to be used for enhanced oil recovery,
00:59:47.320
which should allow us to generate more revenue.
00:59:49.680
So I would say that you don't always get 100% of what you want,
00:59:58.380
but we addressed seven out of the nine bad laws that I'd put on the table to,
01:00:02.940
I think, what will be the satisfaction of Albertans.
01:00:05.580
And I think that this will allow us to see some substantial investments.
01:00:14.120
So I suppose the fact that for a decade, his Glasgow Financial Alliance for Net Zero,
01:00:19.840
it was about putting a capital strike on the oil and gas sector.
01:00:24.280
Just a couple of weeks ago, he was asked about pipelines, and he said, boring.
01:00:28.620
So is there anything, I mean, after a lifetime of attacking the oil patch,
01:00:36.280
he was even interrogated by the U.S. Congress for an attempt to capital strike their oil companies.
01:00:42.560
Is there anything the prime minister has said to you in private that you could share with us
01:00:48.820
that would signal that his lifetime's work of attacking carbon-based fuels will somehow be put to the side?
01:00:58.280
Like, I think he's just a slightly smarter version of Stephen Gilbeau.
01:01:02.440
I think he hates the oil patch as his life's work.
01:01:06.140
Is there anything he's said to you that make you believe that maybe he can be turned on this?
01:01:14.240
Well, I'll start by saying my joke has been that I would love for pipelines to be boring again.
01:01:19.080
I would love for no matter what party is in power, what level of government,
01:01:23.520
that there wasn't sort of an overwrought response anytime anyone talked about building a pipeline.
01:01:29.860
It's actually quite remarkable that we're talking about expanding uranium mines,
01:01:34.420
building nuclear power plants, building new transmission lines through pristine areas,
01:01:39.220
massive new mining projects, and not one of them has raised any ire
01:01:43.680
on the part of any environmental group or anyone in the media,
01:01:46.400
but there has been all of this ire raised around a pipeline.
01:01:50.980
So I hope that we can make pipelines boring again
01:01:53.180
because it's just a way to get our product to the consumers who need it.
01:01:59.100
I would say that, as you know, I was not a huge champion of carbon capture technology
01:02:08.200
But I've seen, with the passage of time, the investments being made
01:02:11.860
and the fact that the technology works and we're getting better and better at it
01:02:14.600
and you can create a product out of it so that you can enhance oil recovery,
01:02:21.240
And so I would say that the prime minister, maybe in the past 10 years,
01:02:25.280
it looked like wind and solar and batteries were going to be the ability
01:02:30.460
I think the world discovered that's not true with the Russian invasion of Ukraine,
01:02:35.600
Everyone is having to recalibrate and rethink that.
01:02:39.100
I was recently in the Middle East and the conversation around the table now
01:02:42.300
was talking about natural gas as a foundational fuel, not a transition fuel.
01:02:46.860
So I think that demonstrates that there is a global understanding
01:02:50.180
of how important it is to have reliable electricity.
01:02:54.140
And so I have to just give the prime minister credit
01:02:58.740
for perhaps he's recalibrating his own thinking on this.
01:03:02.100
It certainly seems to be in the agreement that we signed,
01:03:07.560
We will make sure that he lives up to the commitments in this agreement that we had.
01:03:12.900
And we have to proceed somewhere with a measure of good faith.
01:03:15.900
I can tell you 100% that the former prime minister would never have moved this far on these issues.
01:03:23.720
And in my very first meeting with the prime minister, I said to him,
01:03:28.740
you know, the way that we can get to an agreement is just orienting around a 2050 target.
01:03:37.000
And you'll see in the context of this MOU that the interim targets are gone.
01:03:41.560
And so that's what we're going to move forward on.
01:03:45.720
And we'll see as we meet these milestones whether I'm correct