The Blueprint: Canada's Conservative Podcast - September 03, 2024


A lack of choice, and a lack of competition, makes for a lack of buying power.


Episode Stats

Length

21 minutes

Words per Minute

195.27727

Word Count

4,201

Sentence Count

327

Misogynist Sentences

2

Hate Speech Sentences

2


Summary

On today's show, we are joined by Bay of Quinte MP Ryan Williams, who is also the Critic for Competition for the Official Opposition, to discuss why Canada is losing its competitive edge and why we need to have more competition.


Transcript

00:00:00.000 Hello and welcome once again to The Blueprint.
00:00:09.260 You've got Canada's Conservative Podcast right here with new content for you every single Tuesday, 1.30 p.m. Eastern Time.
00:00:15.220 We ask that you like, comment, subscribe and share this program because on today's show we are talking about everybody's favorite topic, competition and how Canada is getting less competitive.
00:00:24.860 We bring on Mr. Competition himself, the one and only Bay of Quinty, Ryan Williams, Member of Parliament.
00:00:32.060 He's also the critic for competition for the official opposition. Thanks for coming on.
00:00:35.640 Thanks for having me again.
00:00:36.680 Well, as you had a video, you put it out on social media not too long ago, you kind of painted a very broad picture of how Canada is getting less competitive,
00:00:46.420 more so under this government, but also leading up to it over the last few decades, how big companies are actually swallowing up the smaller ones.
00:00:55.140 That's right. We talk about what we call Canada's monopoly problem.
00:00:58.080 Yeah.
00:00:58.560 And it's affecting, you know, almost every aspect of Canadians' lives.
00:01:02.560 They're paying more for cell phones, for groceries, for banking than almost everyone else in the world.
00:01:07.460 And we look at Canada's bigger problems, productivity, wealth inequality.
00:01:11.420 They also contributed to that.
00:01:13.060 So, you know, what we thought for years was the best for Canada was protecting our monopolies and oligopolies and thought it was all good.
00:01:20.100 It ends up being real bad for Canada.
00:01:22.580 And Conservatives have a big job to create competition in all of these industries and bring home savings to Canadians and their families.
00:01:29.100 All right.
00:01:29.440 So let's queue up.
00:01:30.460 We'll set the stage.
00:01:31.480 We'll get cut number one queued up and we'll set the stage for the conversation we're about to have.
00:01:35.840 So let's play cut one.
00:01:38.180 Canada is made up of monopolies.
00:01:42.160 Banking, groceries, airlines, cell phones, home internet, even beer.
00:01:46.640 Across almost every sector and industry, monopolies and oligopolies reign supreme.
00:01:52.200 And there are few winners and many losers when there's less competition.
00:01:56.020 Lower investment, lower productivity, fewer startups, higher prices, worse service, lower wages, and more wealth inequality.
00:02:04.360 All right.
00:02:05.500 So this sets the stage for what happens when you get big companies taking over little ones.
00:02:10.920 And the only people you have left in the market space providing a product or a service are the big ones, right?
00:02:15.920 You pointed it out.
00:02:16.660 You get worse quality, worse service.
00:02:19.660 Prices are affected.
00:02:21.360 Wages don't go up as fast because there is no real alternatives.
00:02:25.800 Why would a company want to come out strong with a great new product when they have the market share and they don't have to innovate that much?
00:02:33.200 No, and I think that's the premise of the whole video is that monopolies and oligopolies are dangerous.
00:02:37.700 That's right.
00:02:38.080 They're price setters.
00:02:39.380 So with no one else to go to, they set the price.
00:02:41.960 And I liken it back and I talk back to Adam Smith's Wealth of Nations, which talked about something called the invisible hand.
00:02:47.980 And the visible hand was many buyers and many sellers that negotiate price.
00:02:52.520 So when you have many options to choose from and you're a supplier, you're selling a good or a widget, you're going to make sure you have the best product and the best service in order to get your money.
00:03:02.440 But if you don't have competitors, if you own the market, well, you're just going to say, you're going to pay what I charge and you're going to get the service I give you.
00:03:12.240 And how often are all of us used to that when we call to try to change cell phone plans, right?
00:03:18.620 Or if we try to go to a bank and switch a bank, 80% of Canadians have never switched their bank, right?
00:03:24.560 When you look at almost everything in Canada, even we talk about grocery stores and the fact that there's really only three, five, two American with three Canadian grocery stores that you go to.
00:03:36.380 And all their sub-brands are owned by those grocery stores.
00:03:38.620 Cell phone companies, there's only three cell phone companies, but there's about 20 different sub-cell phone brands.
00:03:43.920 Most Canadians don't even know if they go get Fido, it's owned by Rogers.
00:03:47.700 If they go get a Virgin, it's owned by Bell.
00:03:49.420 So, you know, it's the lack of choice to Canadians and having this protected market that hurts Canadians in their pocket butts, but it also hurts Canadians far, far greater than that.
00:04:00.740 It's wages, it's going to be wealth inequality.
00:04:03.560 It's the fact that we just don't have, even what I said in this video, a capitalist market anymore.
00:04:09.140 If you don't have free choice in the invisible hand with many buyers, many sellers, this isn't capitalism.
00:04:14.600 It's not a free market where you can buy and sell things at will.
00:04:18.520 It's really a different form of that, and it's hurting Canada.
00:04:22.620 So, as these companies get bigger, they take over the smaller players and they just swallow up more and more until you have, you know, three or four.
00:04:30.080 Or they merge with each other.
00:04:30.880 Exactly, they merge with each other.
00:04:32.360 They almost act like a massive government agency, right?
00:04:35.800 When government evolves in the marketplace, it inviscerates its competition, right?
00:04:39.460 Because you can't compete against government.
00:04:41.060 Same kind of thing that's happening here.
00:04:42.820 They're just gobbling up the smaller players.
00:04:45.320 So, in small towns that you live in, that I live in, and it could be in a big city too, you crush that innovative spirit of the entrepreneurs that want to start up because the obstacles are just too high.
00:04:58.640 Yes, and it's our fault because our government regulates and over-regulates these industries.
00:05:02.900 So, if you want to start a cell phone company, James Wells' cell phone or telco, you need about $6 billion to get into that market.
00:05:10.700 So, that's fully regulated.
00:05:12.380 Same with banking.
00:05:13.600 You know, the biggest competition we can bring to banking is open banking, which is new financial tech corporations who would provide a service, but this government's stalled for six years in regulation.
00:05:24.820 And so, it's impossible to happen.
00:05:27.380 The barrier is too high.
00:05:29.120 If you want to have a grocery store, well, it's all about two things, real estate and distribution.
00:05:32.740 We're a large, large nation, so distribution is really difficult.
00:05:37.100 Real estate's really hard to come by.
00:05:38.900 And what's happened with these grocery stores is they've cornered the real estate markets.
00:05:43.040 So, they own not only the real estate where the grocery stores are now, they own the real estate where grocery stores are going to be, where neighborhoods will be built.
00:05:49.080 They're very shrewd this way, but that's, again, a control they have because of their power, which limits competitors entering that market.
00:05:57.120 And that is what kills competition in Canada.
00:06:00.100 And to your point, small companies being bought by big players, but also big players merging with one another.
00:06:06.300 We had three main mergers that have happened in the last three years.
00:06:10.660 Three in the last three years.
00:06:11.920 I was on a committee the other day against Jagmeet Singh, leader of the NDP, because the NDP always talk about being against greedflation, they call it, the big corporate oligarchs, which they are.
00:06:23.740 But at the same time, didn't stand up and end this government, which they could have, when Rogers merged with Shaw, when WestJet merged with Sunwing, or they bought Sunwing, and when RBC merged with HSBC.
00:06:34.980 And what happened?
00:06:35.960 Well, the corporations all got bigger.
00:06:37.860 Did Rogers lose any market share or any money last year?
00:06:40.540 Nope.
00:06:40.860 Did WestJet lose any market share?
00:06:42.740 No.
00:06:43.020 And guess what?
00:06:44.180 Sunwing's shutting down.
00:06:45.960 And did RBC have a bad or good quarter after they bought RBC or HSBC?
00:06:52.440 They had the best quarter they had.
00:06:53.920 They made a billion dollars more from January to the end of March than they did the quarter before they bought HSBC, which only made $300 million the last quarter of 2023.
00:07:02.560 So what's happened is, yes, besides the NDP being shown to be hypocrites and sellouts to Canadians, which they are, and Jagmeet Singh is, because, you know, to stand up and say we're against corporate giants, but then not to stand up against their mergers.
00:07:17.780 But number two, the fact that this government continues to support mergers and not create competition, although they brought, they say, all this legislation that's going to stop it in the future.
00:07:27.360 You know, no, we have not had a government create competition for Canadians in a very, very long time.
00:07:33.120 Well, that's where I see the NDP, right?
00:07:35.240 I think in their minds, they are thinking, if we just tax these companies more, we don't care how big they get.
00:07:42.060 We'll just make sure that we just keep taxing them, right?
00:07:45.500 Which, if you're a big company, it's somewhat okay, right?
00:07:49.380 There's no competition.
00:07:50.400 You just pass it along, right?
00:07:51.520 If you're the only company and I'm saying an attack, where's the extra money going to go?
00:07:54.860 Just look at what we're seeing now.
00:07:56.700 What's the best example?
00:07:57.940 The carbon tax.
00:07:59.020 Yes, the carbon tax.
00:07:59.820 The carbon tax is being added to the farmer, to the manufacturer, and to the trucker.
00:08:05.020 And where is that cost going?
00:08:06.560 To the consumer.
00:08:07.800 We have the highest grocery prices we've had in a whole history of this country.
00:08:12.080 But that's an example of a tax, and it gets added on the more we have monopolies.
00:08:16.220 And then you see how insane this carbon tax is on top of the fact that we have major oligopolies and monopolies in this country.
00:08:22.660 Yeah, so the NDP, their formula doesn't work, right?
00:08:26.820 It's just that socialist mindset, right?
00:08:29.400 Like the politicians and bureaucrats, so the unproductive managing the productive, right?
00:08:35.200 And soon those productive people start to get fed up.
00:08:37.560 And you need a three-legged stool to grow competition, right?
00:08:40.200 And the NDP, so, you know, the NDP will go out and say they need competition.
00:08:43.480 We were just today talking about Jagmeet Singh's private member's bill on competition.
00:08:47.380 But they only know one side of competition, which is changing a couple things in the act, which really stole my efficiency's defense private member's bill, which was stolen last summer.
00:08:56.580 By July or August, it was gone.
00:08:59.460 And secondly, looking at some tweaks that might change things in the future.
00:09:04.280 But when it comes to, and they only talk about one thing, regulation.
00:09:06.720 Of course.
00:09:07.080 Right, regulation's the only thing to talk about.
00:09:08.340 Big companies love that, too.
00:09:09.500 But the three legs of the school, and this is why they fall over and they fall left on their one-legged stool, is you also need competition, which means a free market of new competitors.
00:09:16.660 Yes.
00:09:17.200 New companies that can enter.
00:09:18.820 And then the other one is going to be innovation.
00:09:21.020 So a lot of times, to solve our competition problems, we also have to have new innovative companies.
00:09:25.380 You don't have innovation when you have a monopoly or oligopoly because there's no reason for them to be innovative.
00:09:30.300 There's no competition.
00:09:31.420 So that's not there.
00:09:32.480 You make companies be innovative by making sure there's good competition, but also a nation that develops research and development that also allows small and medium companies to commercialize that.
00:09:43.420 And that's something we really are terrible at in Canada as well.
00:09:46.620 So it's competition, innovation, and regulation as a whole.
00:09:50.620 Regulation meaning not more red tape.
00:09:52.960 It means that we're lessening red tape for those companies that want to enter a market.
00:09:57.520 And, yes, we are restricting the power of monopolies, so ensuring they can't merge with one another, that they're restricted in really buying every small company that they want, which means we're giving more power to the Competition Bureau, who is really the police force for competition in Canada, who right now still reside within the government, within ISED.
00:10:15.040 It's really terrible.
00:10:16.040 They need to be on their own.
00:10:16.880 So we're going to have a few clips in just a second, but talk about the innovation part as well.
00:10:22.960 What this government is doing with a number of sectors, they are inserting themselves into the marketplace.
00:10:29.260 This is the other pillar that they're going to, right?
00:10:31.240 They are forcing companies to apply for funding, and in some cases get that funding, based on the ideology of the government at the time, right?
00:10:41.720 They have a view on how the world or the Canada should be shaped, and anyone that conforms to that view applies for funding and could be awarded that.
00:10:48.660 So you actually get government innovation, not exactly innovation that benefits the consumer.
00:10:53.720 And is it innovation?
00:10:54.820 It's not innovation.
00:10:55.640 It's government.
00:10:56.280 It's closed down everything.
00:10:57.320 Name an innovative product that came from the government.
00:10:59.100 That's right.
00:10:59.580 You can't.
00:10:59.960 Name one.
00:11:00.300 You can't.
00:11:00.840 There isn't one.
00:11:01.380 No, and to your point, the government decided, yes, that of all the things in Canada, besides a free market, we're going to decide that EV manufacturing is very important.
00:11:11.120 But we're not letting the market dictate it.
00:11:13.180 Two things we're doing.
00:11:13.960 We're going to mandate electric vehicles by 2035.
00:11:16.540 Yep.
00:11:16.880 Well, it doesn't sound like free market.
00:11:18.160 It seems like we're going to tell people how to do it.
00:11:20.680 Second, we're going to spend massive amounts of taxpayer dollars, $44 billion, and putting three plants into Canada.
00:11:28.380 Are we mining the materials going to the batteries?
00:11:30.840 No.
00:11:31.040 No, we're not.
00:11:31.740 Are we getting the car manufacturing, right?
00:11:33.960 No.
00:11:34.060 The new innovation.
00:11:34.720 No, let's go to Alabama and other areas.
00:11:37.060 Are we getting any of the IP?
00:11:39.540 It's the intellectual property from this.
00:11:40.940 No.
00:11:41.440 No, we didn't really have to protect that.
00:11:42.860 So what are we getting?
00:11:43.740 Jobs.
00:11:44.520 Okay, so Canadians are getting jobs.
00:11:46.100 Great.
00:11:46.380 So why in Stellantis in Windsor, of the 2,400 jobs, why were 1,600 coming from South Korea?
00:11:52.900 Well, that's where the technology is.
00:11:54.660 They know how to put the batteries together.
00:11:56.180 So even for that, for all that money, so at the end of the day, you're getting a plant.
00:11:59.740 For $44 billion, they're building a $6 billion plant.
00:12:03.400 That's not a tradeoff.
00:12:04.800 It certainly isn't, and we've seen over and over again, government knows best, isn't best.
00:12:10.540 We have to have a free market.
00:12:11.760 At the end of the day, that means government probably is involved with research and development,
00:12:16.680 ensuring that we have first-stage innovation happening, but then allow the free market to
00:12:20.760 commercialize, allow competitors to come in, develop great companies, and grow those
00:12:24.720 great companies in Canada with Canada capital and Canada know-how and innovation, and then
00:12:29.600 let those companies grow and grow on the world stage.
00:12:32.080 We're doing none of that.
00:12:32.940 And the illusion of it all, when that funding stops, the jobs go with it.
00:12:36.860 Yes.
00:12:37.120 If the market isn't there to back it up, we've talked many times on the show how the
00:12:42.460 government addresses, if they really want to address the transportation sector, they
00:12:45.960 should be setting standards like they used to.
00:12:48.000 Yes.
00:12:48.360 Right?
00:12:48.700 Car manufacturers got creative.
00:12:50.800 They used aluminum.
00:12:51.640 They used different materials, different size engines based on fuel efficiency.
00:12:54.740 Like, they will innovate the technology to meet those standards, as long as the standards
00:12:58.580 are reasonable, of course.
00:12:59.600 But this is how you create that competitive market, but also by allowing those smaller
00:13:07.340 players to get into that marketplace.
00:13:08.540 Well, look at the best example of EV, because we're not against EV.
00:13:12.700 Not at all.
00:13:13.280 No, it's not mandating EV, which is completely different.
00:13:16.880 But Tesla, who have the best market cap, and I think Elon Musk has got paid a pretty penny,
00:13:22.160 about $46 billion as a package.
00:13:23.700 But in EV, that was helped by the U.S. government.
00:13:27.600 I think they backstopped, I think it was close to $600 million to start that company on their
00:13:34.660 own.
00:13:35.320 And then they're doing battery development and innovation at Dalhousie in Halifax.
00:13:43.200 And yet, the problem with that is all that IP goes back to Tesla, which is in the U.S.
00:13:47.580 So they are consistently innovating, and they're commercializing.
00:13:50.520 But why aren't we then developing those technologies and helping Canadian innovators do the same
00:13:54.760 things that we have Canadian IP, we have Canadian companies competing.
00:13:58.340 Instead, we've got only multinationals, and we're a branch plant, which means they're
00:14:02.780 coming in, they're using us, they're taking our subsidies, they're giving us a few jobs,
00:14:06.920 and then they leave.
00:14:07.680 Instead of saying, it's Canadian technology.
00:14:09.700 And we always prided ourselves, like the space agency and the space program in the U.S.
00:14:15.380 had Canada Arm.
00:14:16.600 Yes.
00:14:16.840 And that was part of our aerospace sector, which we're very proud of, a lot of it's in
00:14:20.880 Quebec, and it was because of Canadian innovation.
00:14:23.380 That should be part of everything we're doing, at the very least.
00:14:26.740 Because then we have Canadian commercialization, we have Canadian companies that provide Canadian
00:14:31.020 paychecks, there's Canadian GDP, all this other spinoff coming from that.
00:14:34.820 We've lost all of them.
00:14:35.960 Sadly, out of this government.
00:14:37.220 Okay, we're going to play a few clips here.
00:14:39.920 We covered a lot of ground, and we're almost out of time.
00:14:42.340 So let's cue up cut number two.
00:14:44.400 Let's talk about cell phones, because I think everyone is just sick to death at the rates
00:14:50.500 they pay.
00:14:51.540 Like, it's extraordinary when you compare Canada's cell phone rates to the rest of the world.
00:14:55.360 So let's play cut two.
00:14:56.480 For Canadian cellular phone plants, out of 64 countries of 128 telecommunication carriers,
00:15:02.340 Rogers, TELUS, and Bell are number one, number two, and number three for priciest carriers
00:15:06.840 in the world.
00:15:07.460 Three times as expensive as Australia, twice as expensive as the U.S. and Europe.
00:15:13.060 What's worse?
00:15:14.080 Most Canadians have no idea.
00:15:15.520 If you pick a brand like Fido, Kudo, or Virgin, they are all brands owned by the top three.
00:15:22.600 Yeah, it's this kind of illusion that we have in our spectrum auctioning, right?
00:15:27.980 There's a set aside for some smaller buyers, but everyone knows it's going to be gobbled
00:15:31.860 up at some point, because they can't expand.
00:15:33.740 They don't have the infrastructure.
00:15:35.020 No, they don't have the capital, and at the end of the day, you know, these cell phone
00:15:38.820 companies also own the infrastructure, the towers, and then they own all these sub-brands.
00:15:44.040 So the biggest illusion Canadians have is choice, and most Canadians would be surprised to learn
00:15:48.980 that when they're buying their cell phone from Kudo, or Fido, or Chatter, or Public Phone,
00:15:55.880 they're all brands owned by the top three, and there's no requirement from the government
00:15:59.960 that these brands have to let consumers know that they're actually buying this brand from
00:16:04.060 the others.
00:16:04.520 We had the Rogers CEO at Committee for Industry Committee, and I'd ask him, well, you know,
00:16:10.260 don't you think with competition with Fido, because here's the thing most people don't
00:16:13.680 know.
00:16:13.840 Well, Fido, he'll say, is a really low price, and we compete with the Americans, and except
00:16:17.720 it's only in 3G.
00:16:19.300 They don't even offer Fido or 3G.
00:16:23.020 It's not in the newest technology.
00:16:25.280 And I said, you know, wouldn't that be offered if it was in the U.S.?
00:16:27.920 It's like Mint Mobile is the company that was owned by Ryan Reynolds in the U.S., and
00:16:32.840 they're offering $15 unlimited talk and text, and I think it's up to 50, 60 gigabytes, $15
00:16:38.140 U.S. on 5G.
00:16:39.940 That's incredible.
00:16:40.340 Right?
00:16:40.580 And that's because there's more competition there.
00:16:42.640 As much as the Americans aren't the gold standard, the Australians seem to have the better
00:16:47.260 model, the Americans are still paying way less.
00:16:49.820 And then we don't even look at it in this part, we don't even look at cell phone costs,
00:16:54.240 because the biggest problem when you're signing up with these cell phone carriers, you do two
00:16:58.440 year contract, and the cell phones cost more.
00:17:00.720 Well, do we check that that's retail costs, that we're getting the Apple rate when you
00:17:04.400 get your phone?
00:17:04.900 No.
00:17:05.380 They're making money on these cell phones.
00:17:06.860 So the biggest thing is, when we're looking at these companies, this Prime Minister promised
00:17:12.120 Canadians that cell phone bills went down by 50%.
00:17:14.900 And when we talk to Canadians, I'll ask any of you out there, have you seen your cell phone
00:17:18.980 bills go down even by 10%?
00:17:20.820 And the reason is no.
00:17:21.980 It's a big no.
00:17:22.640 And the reason is they're lying to you by saying, your bill, the prices have gone down,
00:17:27.920 but companies find ways to make it up because there's no competition.
00:17:31.140 That's right.
00:17:31.540 And your cell phone itself, your cell phone protection plan, and your data.
00:17:36.560 So we're all using five times as much data as we did five years ago.
00:17:40.300 That's because you have doorbell cams, and you order your groceries online, and you watch
00:17:44.440 your pets when you're not home.
00:17:45.640 And because of crimes up, violent crimes up 34%, across Canada, we have doorbell cams, and
00:17:51.520 we have security cameras, and everyone watches, you know, we're sucking up data every day.
00:17:55.940 And companies aren't stupid.
00:17:56.940 They found ways to make money out.
00:17:58.180 But what they're actually doing is gorging Canadians on their data, on their plans, and
00:18:03.280 they're making more money than ever.
00:18:05.180 And this Prime Minister has the audacity to tell Canadians cell phone bills went down by
00:18:08.900 50%.
00:18:09.520 Absolutely false.
00:18:11.460 And Canadians are upset.
00:18:12.620 Well, you could probably get it down by 50%, but you'd have to open up the market and give
00:18:17.020 people a fighting chance to start their own companies.
00:18:19.620 But this won't be happening.
00:18:20.860 No.
00:18:21.480 Well, that's the, and that's what a conservative government will be doing.
00:18:24.540 So we're focused heavily on policy that will open up markets, create new competition, make
00:18:29.560 sure that there's regulations that dictate what monopolies can and can't do, but really
00:18:33.880 strangleholding monopolies and making sure they're not controlling markets anymore.
00:18:37.500 And really, it just comes to more choice for Canadians, which is more competitors, so that
00:18:41.660 you have more options for your cell phones, for your airlines, for your banking.
00:18:45.720 We're really working on policies that'll help Canadians and their bottom line and help
00:18:48.600 them bring more money home.
00:18:49.640 Perfect.
00:18:50.100 We have so many more clips.
00:18:51.240 We're way over time.
00:18:52.980 The conversation flies right by.
00:18:55.260 We'll have to have you on again to clean up some of the other clips and talk about more
00:19:00.500 sectors.
00:19:01.420 Well, I'd be happy to come back on grocery, airlines, and banking.
00:19:03.780 Mortgages.
00:19:04.060 All right.
00:19:04.320 We'll have to have you back on.
00:19:05.320 We'll, we'll, we'll figure this out.
00:19:06.520 But before we go, the guests always get the last word.
00:19:10.000 So I don't know if you want to talk about more of the, the common sense conservative
00:19:13.180 plan or whatever you want.
00:19:14.820 Well, I think at the end of the day, it takes, it's just going to take a new government.
00:19:18.200 I think you have to have a new mindset and the government that understands that competition
00:19:21.880 is not just about creating choice for Canadians or lowering prices.
00:19:25.420 It's also about a better way of life.
00:19:27.680 It's about quality for banking.
00:19:29.600 It's about dictating where your banking information goes and, and, and having protection of your information,
00:19:35.220 not having the banks own that, which happens now.
00:19:38.120 And it's about personal privacy and ensuring that privacy is a fundamental right.
00:19:41.680 But it's really about freedom, right?
00:19:43.620 We, we talk about freedom as conservatives.
00:19:45.220 What does freedom mean?
00:19:46.100 Freedom means you have a choice.
00:19:47.840 Mm-hmm.
00:19:48.340 And freedom means that you can go out and you can decide where best to put your money.
00:19:51.980 And you can have a choice to work for a great employer who pays a good, powerful paycheck.
00:19:56.100 Or you have the choice to start a business, be an entrepreneur in Canada, and be able to have
00:20:00.700 the freedom of a free market to be able to, to create a company that makes money for you,
00:20:05.020 but also for Canadians.
00:20:05.920 And we bring it home.
00:20:07.060 At the end of the day, that's what it's all about, bringing home that choice, that freedom,
00:20:10.980 the savings, and creating a better country for everyone.
00:20:13.100 And we're going to do that.
00:20:13.960 My goodness.
00:20:14.420 I don't even know where to go on that one.
00:20:15.840 That was beautifully said.
00:20:17.140 Abundance equals peace, right?
00:20:18.440 That's right.
00:20:18.660 People are happier when they have more choices because you reach everyone's tastes.
00:20:22.860 That's right.
00:20:23.060 Whatever it is.
00:20:23.780 Yes, freedom.
00:20:24.580 Ryan Williams, thank you very much for your time.
00:20:26.420 The Member of Parliament for Bay of Quinty, also the critic for competition.
00:20:29.660 Appreciate his time.
00:20:30.440 We appreciate yours as well.
00:20:32.340 Don't forget to like, comment, subscribe, and share this program.
00:20:35.020 Again, guaranteed a message you're not hearing in the mainstream media.
00:20:38.880 So tell your friends.
00:20:40.300 They can download it all summer long on platforms like CastBox, iTunes, Google Play, and Spotify.
00:20:45.680 New content for you every single Tuesday, 1.30 p.m. Eastern time.
00:20:49.040 Until next week, remember, low taxes, less government, more freedom.
00:20:53.020 That's the blueprint.
00:21:02.340 All right.
00:21:03.240 Bye.
00:21:03.500 Bye.
00:21:04.420 Bye.
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00:21:16.140 Bye.
00:21:20.940 Bye.
00:21:26.260 Bye.
00:21:27.200 Bye.
00:21:28.580 Bye.
00:21:30.660 Bye.