The Candice Malcolm Show - February 12, 2025


How well do we know Mark Carney?


Episode Stats

Length

59 minutes

Words per Minute

177.60979

Word Count

10,565

Sentence Count

691

Misogynist Sentences

8

Hate Speech Sentences

11


Summary

Candice Malan and Cosmin Zherja take a deep dive into the life of Mark Carney, who is running to become the next Prime Minister of Canada. In this episode, they talk about his background, his views on climate change, and why he thinks a carbon tax is a good idea.


Transcript

00:00:00.000 Hi, I'm Candice Malcolm, and welcome to The Candice Malcolm Show.
00:00:10.660 We have a very special episode for you today.
00:00:13.780 We are going to do a deep dive on Canada's next unelected WEF-selected Prime Minister
00:00:21.420 Mark Carney.
00:00:23.120 He is, I think it's in the cards, I think that he's a shoo-in for leader of the Liberal
00:00:26.780 Party, which means that he will be installed as our Prime Minister, unelected, not voted
00:00:31.120 by you or me or the people, but instead selected by backroom dealers in the Liberal Party.
00:00:36.780 Now, to help me break it all down and go through his past, and I really try to understand who
00:00:42.540 this man is, I'm pleased to be joined today by Cosmin Zherja.
00:00:46.740 Cosmin is a senior researcher and journalist over at Trenorth.
00:00:50.380 He does great work.
00:00:51.460 So first of all, Cosmin, thank you so much for joining us.
00:00:54.680 Thanks, Candice.
00:00:55.340 Happy to be here.
00:00:56.000 So let's talk about Mark Carney, because he's sort of come out of nowhere.
00:01:00.000 I mean, a lot of people know who he is.
00:01:01.600 He has a familiar face, familiar name.
00:01:04.420 He's kind of been kicking around the scene.
00:01:06.360 And now suddenly he paints himself as an outsider, even though, Cosmin, we know that he's been
00:01:11.540 advising the Liberals for years.
00:01:13.480 He's been helping Justin Trudeau throughout the entire post-COVID recovery.
00:01:18.520 It's going back as early as 2020, he's been an advisor.
00:01:22.620 And before that, he was the governor of the Bank of England.
00:01:25.020 And before that, he was the governor of the Bank of Canada.
00:01:27.980 So why don't you tell me a little bit about what you have been uncovering over there at
00:01:31.720 True North?
00:01:32.880 Sure.
00:01:33.300 You're absolutely right.
00:01:34.800 Canadians have a sort of surface level understanding of who Mark Carney is.
00:01:40.580 For a while, he's been this neutral figure as a public servant, right?
00:01:44.260 Governor of Bank of Canada.
00:01:45.600 So they're supposed to be neutral at arm's length to some degree from the government.
00:01:49.660 But now he's vying for a political position.
00:01:53.700 And we had the idea of using his own words as printed in his 2021 book called Values to
00:02:02.820 hold him to account for some of the beliefs he states there.
00:02:05.860 Now, it's a 600-page book, and it's virtually a manifesto of Carney's ideas about how the
00:02:12.820 economy should work, how climate policies should work, his ideas about the future of money and
00:02:18.900 currency.
00:02:19.820 And he lays it all out.
00:02:21.460 It's in plain language.
00:02:22.900 He states exactly what he thinks.
00:02:26.080 So we wanted to use this as a launchpad to investigate his background, his various positions,
00:02:31.940 and to ask him about these beliefs that he states in this book so openly compared to some
00:02:39.400 of the things he's saying now, like the carbon tax, for example.
00:02:43.020 And that was our first part of this series.
00:02:45.180 We're hoping to do at least three or four parts of this series investigating various issues
00:02:50.900 that Mark Carney has discussed in length.
00:02:53.900 Okay, so here is what the book looks like.
00:02:56.240 It's called Values, Building a Better World for All.
00:02:59.940 Like you said, it was published in 2021.
00:03:03.640 So some of the things that kind of jump out, I mean, we know that he's running for prime
00:03:08.200 minister now.
00:03:09.100 And one of the things that he's trying to do is move away from his record on carbon tax,
00:03:13.940 even though he has been a huge advocate for carbon tax, so much so that he talks about
00:03:19.240 how politicians need to be pressured into doing the right thing.
00:03:22.820 And even if you can't flip-flop, you have to maintain a commitment to it.
00:03:27.600 So why don't you help us understand, like, what does this book, Values, say about carbon
00:03:30.920 taxes?
00:03:32.260 Sure.
00:03:32.760 So he specifically says that the carbon pricing scheme, carbon taxes, in other words, are
00:03:40.620 the cornerstone of any climate policy.
00:03:44.500 And to me, cornerstone means that everything else is built around the carbon tax.
00:03:51.760 He calls it a central piece of dealing with climate change and entering this net zero future
00:04:00.040 that, you know, global finance people like to talk about, that World Economic Forum types
00:04:05.840 like to talk about.
00:04:06.920 And he points specifically to the Canadian federal pricing model first introduced by Prime
00:04:12.980 Minister Justin Trudeau, I think, in 2017 with the Canada Carbon Pricing Act, if I recall
00:04:19.760 that correctly.
00:04:20.760 And he essentially says that this is the model that the rest of the world should follow.
00:04:26.860 He calls it insanely popular in Canada.
00:04:30.420 This is in 2021, at a time when sentiments for the carbon tax weren't exactly overwhelmingly
00:04:37.760 popular.
00:04:38.740 By this time, people have turned against the carbon tax.
00:04:42.020 And if you recall back, even before the Freedom Convoy, there was the United We Roll Convoy that
00:04:48.240 came to protest the carbon tax.
00:04:50.680 I think it was around 2018 in Ottawa and to promote pro-energy policies.
00:04:56.380 So I don't know where he gets this idea that the carbon tax was immensely popular.
00:05:01.760 But like I mentioned, he calls it the model.
00:05:04.060 And he says that it was able to navigate the complexities of Canadian federalism, which is
00:05:09.940 another falsehood.
00:05:11.580 Because when we think about the carbon tax, we also have to think about all of the challenges
00:05:15.760 that have come from Alberta, from Saskatchewan.
00:05:18.360 It hasn't navigated federalism.
00:05:20.440 It has actually promoted regionalism.
00:05:23.120 So we went to Mark Carney with some questions about this.
00:05:25.840 And of course, his campaign has refused to answer.
00:05:29.700 Well, but we have heard him talk recently about carbon taxes.
00:05:33.260 So let's kind of break through what, break down what Mark Carney has said specifically
00:05:38.580 about carbon taxes.
00:05:39.760 So I think we have some videos here.
00:05:41.460 So let's first start with Mark Carney saying that the problem with carbon taxes is that they're
00:05:48.960 actually too low.
00:05:50.740 Brian Lilly shared this video.
00:05:53.220 Here is that clip.
00:05:54.200 Now, so far, carbon prices have been applied sparingly.
00:05:58.680 They've been set far too low.
00:06:00.880 Single digits on average globally, well short of the estimated $80 to $100 a ton needed by
00:06:08.120 the end of this decade to keep us on track to net zero.
00:06:11.100 Spring break isn't what it used to be.
00:06:15.280 It's better.
00:06:16.260 This spring, stay three nights and get a $50 Best Western gift card.
00:06:20.320 Life's a trip.
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00:06:25.900 So the problem is that they're too low.
00:06:30.680 But then here's what he had to say.
00:06:32.180 This is when he launched his leadership campaign in Edmonton a few weeks ago.
00:06:37.000 He was specifically asked where he stands on the carbon tax.
00:06:40.520 He gave a very sort of confused answer.
00:06:43.360 It wasn't very clear.
00:06:44.300 And by the end, he was basically just like apologizing for the fact that he couldn't
00:06:48.580 answer succinctly by saying, you know, I'm not like Pierre Polyev who can fit my slogan
00:06:53.980 on a bumper sticker.
00:06:54.940 So let's play that clip.
00:06:56.060 You need a comprehensive approach.
00:06:59.360 You need a comprehensive plan, not just a soundbite that fits on Elector.
00:07:04.960 And that, again, is a difference between me and some others.
00:07:08.440 I don't do a little leak.
00:07:10.420 I don't do a soundbite.
00:07:11.820 Do a comprehensive plan that addresses all the aspects.
00:07:14.440 And you'll see that in the coming weeks.
00:07:16.340 So we've yet to see, you know, it's the coming weeks.
00:07:19.300 We've yet to see exactly what his position on carbon taxes will be.
00:07:23.460 But I think we can assume that they are sort of walking away from it.
00:07:26.700 I think the liberals understand how immensely unpopular the carbon tax has been, how difficult
00:07:31.600 it is on Canadians with the crushing standard of living and the costs because of inflation
00:07:36.680 and the carbon tax, that it's just not very popular.
00:07:39.580 And it's sort of ironic because Mark Carney, as you point out, Cosmin, in your article,
00:07:43.780 that he once said the following.
00:07:45.720 He said, backtracking on ambitious climate agendas is more difficult if politicians share
00:07:51.340 the same goals and expect to be held accountable.
00:07:55.020 So he's saying that he does hold these same values, that we need to have carbon taxes in
00:07:59.940 order to save the planet.
00:08:01.540 Yet here he is sort of backtracking on his own agenda.
00:08:05.580 What do you make of that?
00:08:07.960 No, you're absolutely right.
00:08:09.280 He says one thing in the past, and now he's doing the exact opposite of what he wrote down.
00:08:14.980 I mean, this is a guy who has championed carbon pricing models at every level.
00:08:20.360 Actually, at the highest level, at the global level.
00:08:23.860 So in 2020, he launches the Global Task Force for Scaling Voluntary Carbon Markets.
00:08:30.120 In 2021, he co-chaired the Glasgow Financial Alliance, which brought all these banks into
00:08:35.800 committing financing only to sustainable projects, etc.
00:08:40.420 That was at COP26.
00:08:42.000 He was the advisor to UK Prime Minister Boris Johnson for COP26.
00:08:48.140 He's the UN Special Envoy for Climate Action.
00:08:51.200 I could go on and on.
00:08:52.600 This guy promoted carbon taxes across the world.
00:08:57.280 That's how I start the article.
00:08:59.280 Carbon Carney tried to convince the world to adopt a carbon tax.
00:09:05.260 Here he is in Canada stepping away from it.
00:09:07.680 But I suspect in many ways he's just trying to disarm the conservative opposition because
00:09:12.820 he's looking ahead.
00:09:13.740 In his mind, I suspect he already thinks he's going to become prime minister, and he's planning
00:09:19.440 ahead, trying to make certain chess moves to counter Pierre Polyev's wish to have a carbon
00:09:26.800 tax election.
00:09:27.720 But the truth is the carbon tax is still here.
00:09:29.960 We're paying it at the pump.
00:09:31.540 Canadians keep paying it.
00:09:32.920 You're paying it on your heating bills.
00:09:34.540 It shows up in anything that's transported via gas-powered vehicles, trucks.
00:09:41.960 So the carbon tax is very much a real thing.
00:09:44.620 If an election were to happen, it will definitely be a ticket issue.
00:09:48.760 So I suspect there's an element of smoke and mirrors and trying to step away and to confuse
00:09:54.300 people.
00:09:54.780 But the plan he's proposed, this incentives model, doesn't clear any confusion.
00:10:00.120 It doesn't make sense, and it doesn't provide any real solid answers about what he plans
00:10:04.720 on doing if he's prime minister.
00:10:06.580 Well, you mentioned the banks there.
00:10:08.620 So I want to point to this story that came out in January about how many of the banks in
00:10:14.280 Canada are now moving away from Mark Carney's climate initiatives.
00:10:18.680 See, as the CBC, it says four of Canada's big banks leave Mark Carney-led climate initiative.
00:10:24.480 Banks say that they can go it alone to help the push for achieving net zero emissions.
00:10:31.080 So basically, Mark Carney led up a scheme through the United Nations, something called
00:10:36.780 Net Zero Banking Alliance, that aims to accelerate climate action among financial institutions.
00:10:45.020 The banks, including BMO, National Bank, TD, and CIBC all confirmed that they were no longer
00:10:51.100 members, withdrawals from the alliance, followed departure from six large U.S. banks, and this
00:10:58.440 was at the time ahead of the inauguration of Donald Trump.
00:11:02.060 It seems like there's been a bit of a cultural shift, Cosmin, in the last, I don't know, three
00:11:06.240 months, where people are just sort of done with all the woke stuff, like all of the ESG,
00:11:13.320 UN, World Health Organization, WEF, everything.
00:11:17.860 Like, we're done with all of it. And I think it's becoming much more popular, even in the
00:11:22.620 corporate world, which is very restrained, very cautious and careful. They're saying, like, yeah,
00:11:29.280 no, we don't want to do this stuff anymore. And the idea that you can run a bank, you know,
00:11:34.500 that the purpose of a bank is to be good stewards of money, right? And to give loans to people when
00:11:40.140 they need it, and to hold people's money. Like, the purpose of a bank isn't to try to meddle in
00:11:45.180 left-wing politics. And yet that's what we've seen for previous five to 10 years. And now things
00:11:50.960 are shifting away, abandoning this whole concept that Mark Carney tries to push to net zero banking
00:11:57.560 alliance with total nonsense. What do you think that this will do for sort of Mark Carney's
00:12:02.580 reputation? Like, he's really built his entire political career on being this, like, really
00:12:08.980 important backroom banker who builds these big, important green policies. And yet, at the same time,
00:12:14.820 the culture shifting away from it, banks are openly leaving them. Where do you think that
00:12:19.020 leaves Mark Carney?
00:12:20.940 Well, it leaves him in a difficult position. But if it weren't for the legacy media, because the
00:12:26.860 legacy media refuses to hold them accountable on any of this stuff, they just take what he says,
00:12:31.960 word by word and reports it as if he's a new person, he's a changed person. You know, we saw the
00:12:37.660 Jon Stewart interview where he claims he's a political outsider. Whereas, you know, he's advised the
00:12:44.140 prime minister, he's advised the prime minister in the UK, he's, he's definitely the most insider type
00:12:50.000 of person. And you're absolutely right, there has been a growing awareness. And I think social media
00:12:56.300 has a lot to do it. Definitely, Elon Musk take over of X. There's a growing awareness of the double
00:13:02.060 standards that these elites who buy into this net zero agenda, you know, you would call it the great
00:13:09.800 reset. That was a big thing during COVID. These elites who want to adopt World Economic Forum ideas
00:13:17.580 and mold national policies based on these, you know, think tank, unelected sort of things.
00:13:25.760 And people are aware of it. They see the double standards, they see them flying their private jets
00:13:30.420 and then preaching about saving the climate. And they're sick of it. And I think, thankfully,
00:13:36.440 at least you see it in the private sector end of things, companies are reacting to that they're
00:13:42.040 seeing the consumer shift. And they're starting to reevaluate whether this is actually, first of all,
00:13:48.120 the way to tackle things like climate change, with carbon taxes, all these sort of virtue signaling
00:13:55.240 approaches. And secondly, they are starting to believe, in a sense, they're starting to adopt
00:14:04.220 more to the consumer mindset as it shifts. Well, you mentioned this clip, and I have it,
00:14:10.660 so I want to show it. This is Mark Carney appearing on The Daily Show. This was back on January 14. So
00:14:16.560 he was still just teasing the idea that he might run. But here you can see that he calls himself
00:14:20.900 an outsider. Wild hypothetical. Let's say the candidate wasn't part of the government.
00:14:27.120 Let's say the candidate did have a lot of economic experience. Let's say the candidate
00:14:32.680 did deal with crises. Let's say the candidate had a plan to deal with the challenges in the here and
00:14:39.040 now. You sneaky. You're running as an outsider. I am an outsider.
00:14:45.400 I love how Jon Stewart calls him sneaky there, because it's just like, it's just perfect. We have a bit
00:14:51.800 more information about Mark Carney with regards to the World Economic Forum, because you mentioned
00:14:57.440 that as well. And it wasn't too long ago that he appeared on a podcast with an MP, a Toronto MP for
00:15:03.200 the Liberal Party. And they were just kind of casually chatting about WEF and basically saying that it was
00:15:09.520 a great, wonderful thing that Mark Carney was involved in it. And they don't understand why the
00:15:14.840 Conservatives don't like it. Let's play that clip.
00:15:16.960 So, one of the knocks on me that the opposition makes, or part of the opposition...
00:15:25.360 You're a WEF global elite.
00:15:26.760 Exactly. I'm a WEF global elite.
00:15:29.160 John Barrett is too, but I don't know, campaign coach here, that never comes up.
00:15:32.680 You know, and you know, when...
00:15:35.360 But yeah, he's banned his ministers from going to World Economic Forum events to cater to conspiracies,
00:15:40.840 and you've been a board member for over a decade.
00:15:42.680 Right. Yeah. Yeah. I've rolled off the board, but that's absolutely right. I had a board member
00:15:46.920 there, and I used to go there with Prime Minister Stephen Harper when, you know, he was there,
00:15:50.920 and et cetera.
00:15:52.540 So, I think that the culture has shifted so much, again, since this interview, because
00:15:57.520 before, the Liberals used to just brush off anything about WEF as just a conspiracy theory. Like,
00:16:03.040 oh, Pierre Paglia believes these crazy conspiracies, the Conservatives are scared of it. Whereas
00:16:07.240 you, Mark Carney, amazing Mark Carney, you spent a decade there, and you're the leader of it,
00:16:12.080 and way to go. And like, the reality, I think Danielle Smith said it so perfectly when there
00:16:16.620 was a legacy media reporter hounding her, like, what do you have against the WEF? Like,
00:16:20.360 what, you haven't even explained it. And she's like, I don't like an organization where billionaires
00:16:25.180 brag about controlling politicians. Like, that's not an organization that I want to be a part of.
00:16:31.200 I think Danielle put it so perfectly. But the reality is that, yeah, like, you have Klaus Schwab out
00:16:36.860 they're saying that he penetrated cabinets. And then you have people like Justin Trudeau and
00:16:41.200 Chrystia Freeland acting not on behalf of the people, as you can tell by the fact we don't have an
00:16:45.280 election, and we're about to have a selected prime minister installed. And I just think that when I hear
00:16:50.560 them talking about it, laughing about it, and brushing it off like it's no big deal, it's like
00:16:54.240 they've been listening too much to the legacy media and to the, you know, the people who believe
00:16:59.980 the exact same narrow thing that they do. And Canadians are not on the same side. I wonder,
00:17:05.460 like, I think these comments have already aged really badly, but I think it'll get even worse.
00:17:10.220 I want to show Andrew Lawton, who is a journalist for True North. He's now going to be a conservative
00:17:16.460 candidate in the next federal election. He was always our guy that would go to Davos. He was great
00:17:21.840 at it. There's wonderful videos of him interviewing Mark Carney, or at least trying to on the side of the
00:17:27.640 road. But Andrew Lawton tweeted this last September 2024, saying this. He said, Mark Carney is a
00:17:35.780 mainstay at the West Davos retreats. I bumped into him when I've been reporting on the Davos elites
00:17:42.420 as a journalist. Last year, he was on my flight home from Zurich to Toronto. He was in business class.
00:17:48.760 His wife was in economy. Take from that what you will. Cosmin, I know you are happily married.
00:17:55.900 Your better half, Lindsay Shepard, used to work for True North, and she's moved on now working in
00:18:01.380 Victoria politics. Would you ever take a flight and sit in business class and make your wife
00:18:07.000 sit back in economy? Well, I would do the exact opposite and swap places instead. But it's funny,
00:18:14.500 you mentioned World Economic Forum. When we were there last year, we saw Mark Carney. And you're
00:18:19.360 absolutely right. It is a bunch of elites trying to make decisions for politicians. It was last year at
00:18:25.540 the World Economic Forum that Chrystia Freeland talked about meeting with this financier to discuss
00:18:32.120 investment in Canada. That is lobbying. But it was unregistered lobbying. And she did it. And she
00:18:37.760 openly bragged about it. So absolutely, Mark Carney was a mainstay at these events. I think he went
00:18:43.960 every single year while he was involved in that. Yeah. And again, this is another clip that came from
00:18:51.100 his time at WAP. This comments were made in 2023. So strange. He identifies himself as a European.
00:18:57.680 Like, I don't really know what that means. Like, does he not consider himself Canadian? Or is he just
00:19:02.700 talking purely in racial terms? Strange clip for someone who wants to be Prime Minister of Canada.
00:19:08.180 Let's play that clip. You look like you were about to...
00:19:10.680 Yeah, I was a tell. As a European, you know, as a...
00:19:13.760 As a European. I am a European, actually.
00:19:15.580 Oh, you are? Oh, oh.
00:19:16.540 Yeah, yeah. I'm an Irish citizen. Yeah. So there you go.
00:19:18.560 Well, welcome. Well...
00:19:19.440 Speaking as a European, I like to say falling.
00:19:23.620 Whoops. Do you think he regrets saying that now? I know that he has multiple passports,
00:19:28.840 right? He's also a citizen of the UK. So maybe that's what he's talking about. He considers himself
00:19:35.720 European. Yeah. And that was a huge deal, if you recall, when Andrew Scheer was conservative
00:19:41.780 leader. The media were hounding him practically daily to resign his U.S. citizenship. And yet,
00:19:50.180 here's Mark Carney, who describes himself as a European holding a second citizenship. I am not
00:19:57.400 sure if he's a U.S. citizen as well. He might be. But nobody's asking this question. And it just goes
00:20:03.280 to show that double standard. And Mark Carney, to describe himself as European, I think he would
00:20:08.500 regret it. Because now, with the tariff stuff, he's trying to, you know, bring up this whole
00:20:14.780 Team Canada approach. We're all proud to be Canadians. We're different than the Americans.
00:20:19.440 But here we have him on record calling himself a European first before a Canadian.
00:20:25.140 Well, and it's so much worse even than Andrew Scheer, who... Andrew Scheer was born with an American
00:20:30.440 parent. So he got an American citizenship, passed it down to him. And so it wasn't something that
00:20:37.120 he went out and tried to get. Mark Carney, I'm going to read his bio, but this is part of his bio,
00:20:43.300 is that he's a citizen of three countries. So he was born a Canadian. He obtained Irish citizenship
00:20:48.800 in the 1980s and then became a British citizen in 2018 when he became the governor of the Bank of
00:20:56.400 Canada. So these are decisions that he made as an adult, not like Andrew Scheer, who was born with
00:21:01.820 that and, you know, of no control to himself. I remember when Thomas Mulcair was running for
00:21:08.040 prime minister as the NDP, and we found out that he was a minister, sorry, a citizen of France.
00:21:13.000 And when that came out, he promised that if he became prime minister, he would renounce his French
00:21:19.840 citizenship. So you had Andrew Scheer saying, I will renounce my American citizenship. And he was
00:21:24.060 taking steps at the time to do that. You had Thomas Mulcair promising that. And I don't think
00:21:29.320 that Mark Carney has even acknowledged it. And it's not like he's just running for prime minister,
00:21:35.060 Cosman. He will be prime minister. He's just running for the liberal leadership, which he'll win,
00:21:40.340 and then he'll become prime minister. So it's not even like, well, if I win the general election,
00:21:44.760 I'll get rid of this. It's like, he's already going to do that. I'm going to read a bit more of
00:21:48.620 his bio because interesting person and character. So he was born all the way up in Fort Smith,
00:21:54.460 Northwest Territories, and apparently grew up in Edmonton. His father was a candidate for
00:22:00.260 the liberals in Edmonton when he was growing up. He earned a bachelor's degree from Harvard
00:22:05.820 University in 1988. He also received his master's and a doctorate in economics from the University of
00:22:11.420 Oxford. He became a managing director and investment banker at Goldman Sachs. He served as the deputy
00:22:17.720 governor of the Bank of Canada from 2000 to 2004. And then eventually he was promoted to the Bank
00:22:24.120 of Canada governor from 2008 to 2013. He likes to talk a lot about how he worked with Stephen Harper
00:22:30.140 and finance minister Jim Flaherty, former prime minister Stephen Harper, former finance minister,
00:22:35.100 the late Jim Flaherty, in sort of steering Canada away from the economic crisis in 2008,
00:22:41.620 the financial crisis. And Canada's banks did incredibly well relative to the rest of the world,
00:22:46.340 especially the Americans. After that experience, he moved on to become the head of the Bank of
00:22:51.040 England from 2013 to 2020. So it's interesting that he became a citizen in 2018, Cosman, but he
00:22:58.020 started that role in 2013. So it's not like it was required for him to do that. It's not like they said,
00:23:03.080 look, you can come be the bank, the governor of the bank, but you have to become a British citizen
00:23:06.960 first. It's like he became the British citizen halfway through. After that role, he became the chair and head
00:23:13.700 of impact investing at Brookfield Asset Management. He became the chair of the new board of directors
00:23:20.160 of Bloomberg. He served as a special envoy for climate change and finance to the United Nations,
00:23:26.220 became the co-chair of the Glasgow Financial Alliance for Net Zero. He became a foundation
00:23:33.320 board member for the World Economic Forum. And then, like I mentioned earlier, he became a special
00:23:38.540 advisor to Prime Minister Justin Trudeau on Canada's COVID response back in 2020. And then it seems that
00:23:44.520 he continued advising liberal policy. From that point, it became public again that he was a special
00:23:50.920 advisor and chair of the Liberal Task Force on Economic Growth just in 2024. So, you know, again,
00:23:58.420 this guy's the ultimate insider. Warren Kinsella, who's a liberal insider as well, he posted the following
00:24:03.160 on X talking about Mark Carney's sort of insider status. So if we can show that tweet, he says,
00:24:10.800 Mark Carney is the team Trudeau candidate. His campaign is being run by Gerald Butts, Katie Telford,
00:24:17.860 et cetera, the ones who had to resign due to scandal or have been implicated in multiple scandals,
00:24:23.620 the ones who reduced the Liberal Party to 16%. Carney equals Trudeau. And Warren Kinsella is someone who would
00:24:30.940 know, because he's also a liberal insider. So what's your take on all of that, Cosman?
00:24:37.000 Yeah, if you just compare the policies Trudeau has promoted to the things that Mark Carney promotes in
00:24:43.940 his book Values, it's almost a one-to-one comparison. In that book, while discussing climate policies,
00:24:50.000 he talks about the need to phase out gas-powered vehicles. He talks about introducing certain zoning
00:24:58.020 rules for climate and less carbon-intensive things in building housing and real estate. He talks about
00:25:07.720 putting caps on oil and gas. These are all policies that Prime Minister Justin Trudeau has attempted to
00:25:14.740 introduce or has introduced during his time. So when you look at this, when you look at his own words,
00:25:20.960 it just seems that if Carney, carbon tax Carney, as the conservatives call him, if he were to become
00:25:29.580 Prime Minister, it would just be a fast-forward on these policies. It would be not only Trudeau 2.0,
00:25:36.800 but it would be Trudeau 2x or 10x in a sense that he's going to multiply what he was doing and
00:25:43.660 introduce it quicker and with more punch. So one of the things I'm noticing, Cosmin, and tell me if you find
00:25:51.600 this trend as well, is that basically the liberals at this point are completely abandoning all of their
00:25:57.040 policies. And it seems to me that they're trying to copy the conservatives. Like, whatever the conservatives
00:26:01.880 are saying, that's kind of the position that the liberals are taking. You saw this after the tariff threat
00:26:07.180 where Pierre Polyev really started talking about reducing barriers for interprovincial trade.
00:26:12.020 And you had one of the ministers, Anita Anand. I think she's now the minister of, oh, I don't know,
00:26:18.680 something. She used to be the foreign, the defense minister, and she moved on. Anyway, she came out
00:26:24.840 saying, yes, we need to eliminate these interprovincial trade barriers. One of the interesting things I saw
00:26:29.760 was last week, we had Dominic LeBlanc. So this is Canada's new finance minister. After Chrystia Freeland,
00:26:39.020 you know, was thrown under the bus and then threw Dustin Trudeau under the bus, this individual came
00:26:45.140 in to replace her. And Dominic LeBlanc came out and said last Friday that Canada should spend less and
00:26:52.980 that we should review the size of government. So these liberals are sounding an awful lot like
00:26:57.740 conservatives. I think we have a clip of Dominic LeBlanc saying basically, I don't know, that the
00:27:05.400 liberal spending and the entire 10 years of Justin Trudeau in office was kind of a mistake
00:27:10.840 and we need to start again and actually become fiscally responsible. Let's play that clip.
00:27:16.340 One of the tensions, of course, in any spring budget would be the fact that spending would be
00:27:21.960 looked for and maybe even required in the event of tariffs. But we also need some fiscal prudence.
00:27:26.800 A Canadian dollar demands it at the very least. If we have a massive deficit, it will be, it'll
00:27:31.760 weaken us further in other ways. How do you marry those two things? How do you match them up?
00:27:36.160 You accept that premise as real, the premise you just said, that the continued significant spending
00:27:41.920 in a bunch of areas has to be ratcheted down. My own view is things as simple as the growth of
00:27:47.880 government need to be looked at. So again, sounds sort of like a conservative. This is sort of
00:27:53.880 frustrating, I think, for many conservatives. It's like liberals go into office. They spend
00:27:58.180 an entirely ridiculous amount of money. They grow the size of government. They somehow manage to give
00:28:02.920 patronage packages to all of their friends who work in various industries. And then right at the
00:28:09.500 very end, when they're about to get kicked out of office, they're like, yeah, someone needs to come
00:28:12.480 and clean this out. So they put that on the conservatives so the conservatives could be in
00:28:16.460 charge of all the unpopular cuts. And then 10 years from now, the liberals will come back and promise a bunch
00:28:21.640 of goodies and Canadians will turn around and elect them again. I mean, maybe that's a cynical take on
00:28:25.360 it all. Maybe it's a victory. Maybe the fact that the liberals are finally coming around to say,
00:28:30.000 hey, all the spending that we did was really bad and we probably shouldn't do it anymore.
00:28:33.600 Maybe it's a victory or maybe we shouldn't believe them because they're not actually going to do it.
00:28:36.600 What do you think, Cosman?
00:28:39.160 Well, I think it's a victory in the sense that the public conversation has ramped up and is openly
00:28:47.040 talking about cutting foreign aid, cutting the size of government. I think most voters are in support
00:28:53.800 of that. For a while, the liberal government would fearmonger against conservatives talking about
00:28:59.460 any cuts being, you know, an attack on social services, an attack on health care. But there's,
00:29:05.040 you know, we talk about Doge and I think we'll be playing this clip later. But Carney says, you know,
00:29:10.780 the government of the United States is on a war on woke. But in reality, what Doge is a war on...
00:29:17.420 Yeah, we have it. Why don't we play it right now? Let's play the clip of... This is just such a weird
00:29:21.740 statement. But here is Mark Carney last week saying what Cosman just said.
00:29:26.340 There's a fever gripping America. And while it rages, Canadians will remain resolute
00:29:32.780 safe and true to our values. While America engages in a war on woke, Canadians will continue to value
00:29:41.540 inclusiveness.
00:29:43.420 So it's false to say that Doge or the U.S. government, the Department of Government Efficiency,
00:29:49.740 is waging a war on woke. It's waging a war on overspending, wasteful spending. And it just so
00:29:56.920 happens that those two areas overlap. A lot of the wasteful spending has been on like diversity,
00:30:03.880 equity, inclusion initiatives that do not provide any material or comfort benefit for the average
00:30:10.500 taxpayer. And it's the same case here in Canada. Think about all of the departments and the different
00:30:16.600 spending initiatives that the liberal government has ballooned. We're talking... We have to hold them
00:30:22.720 to their record. We have nine years worth of governance to hold them to account for. That
00:30:28.700 includes ballooning the size of executives. We're talking about managers in the government,
00:30:34.920 not just public sector employees. There's a record number of executives earning huge amounts of money,
00:30:42.500 well above the average Canadian salary. They've invented new departments, new ministries,
00:30:48.660 and they've introduced things like gender-based analysis across the board, across government
00:30:54.480 sectors. So there's so much there to go through. And if any future government wants to take this
00:31:01.640 seriously and take Dominic LeBlanc at his word, the fact to look at the government and downsize,
00:31:08.220 there needs to be an audit, a real audit where, like Doge, you embed people with an objective
00:31:15.300 financial mindset and looking where can we make these cuts, what hasn't produced any real results,
00:31:22.200 and what can we do away with while maintaining core services and actually improving the outcomes
00:31:29.180 for Canadians at a lower cost. Well, it's interesting that you say that it's not exactly a war on woke,
00:31:35.780 it's a war on waste. And I think that's true. Like the government is spending on such ridiculous
00:31:41.620 things. We see that down in Washington with what Elon Musk is exposing. I mean, like I think it was
00:31:47.540 like $20 million for an Iraqi Sesame Street or like a musical on transgenderism in Ireland and a comic
00:31:58.940 book in Peru. Like it was so absurdly ridiculous that, you know, it's wrong because it's wasteful.
00:32:04.440 It's extra wrong because we're pushing just the worst values upon the world. And of course,
00:32:09.380 Canada is way worse. Like, you know, the Americans had those really high profile funny examples.
00:32:14.920 But when the sort of mini scandal happened last week where the foreign affairs or global affairs
00:32:21.140 Canada tried to take down the database of all of their international development plan funding,
00:32:26.420 and then they put it back up and everybody was going through and finding all the things. It's like
00:32:30.560 our forward policy is kind of embarrassing. The fact that we have, we've spent $52 billion over the last,
00:32:38.580 since 2017. So over the last six years on programs, I think is wrong. I think that that
00:32:43.880 money should be spent in Canada. But then even beyond the fact that it's wasteful, the idea that
00:32:49.680 some of these things that we're spending, like we're spending money on transgender surgeries in
00:32:54.540 the Philippines, like what does the Philippines have to say about that? Well, if you were from the
00:32:58.660 Philippines, you know, it's a very religious, very Catholic country. And all of a sudden,
00:33:02.860 there's these like foreigners pushing this kind of radical religion upon your children. I wouldn't
00:33:08.980 be happy about that if I was from that place. Or we learn that Canada is spending $10 million a year
00:33:14.800 providing abortions to women in London. Like, why? You know, what in what world is that Canada's
00:33:22.440 business or Canada's role? Plus, we're pushing an ideology. So to me, Cosmin, yes, the world is
00:33:29.040 having a war on woke. I mean, just repeat what Mark Carney said. There's a fever gripping America.
00:33:35.140 And while it rages, Canadians will remain resolute and true to our values. While America engages in
00:33:43.140 a war on woke, Canada will continue to value inclusiveness. So I mean, is this his new campaign
00:33:49.780 slogan that like woke is here to stay? Canada is going to remain the woke country. And you know,
00:33:55.620 again, this idea that Canadians are like this compassionate people that we value inclusiveness.
00:34:00.840 So we need to pay for sex change operations and abortions all over the world. Like, it's so
00:34:05.820 patently absurd. The reason that people don't like woke, and the reason that woke is, you know,
00:34:10.840 it's so popular to go against it, and Canadians are just so done with it, is because it's morally
00:34:16.460 wrong. And I think we're sick of it. You know, we had to keep our mouths quiet. Well, I personally
00:34:21.420 didn't. But so many Canadians felt afraid to talk about this kind of thing. And the cultural
00:34:25.900 environment for the last maybe 10 years has been quite, you know, hostile towards people who do
00:34:31.420 speak out. We really witness, you know, cancel culture to the extreme. So I understand how before
00:34:36.080 Canadians and Americans didn't want to talk about their, you know, their opposition to this kind of
00:34:41.260 thinking. But again, things have shifted. Everything's on the open. Everybody kind of agrees at this point
00:34:47.000 that we don't want this kind of stuff. And it seems like Mark Crane didn't get that message. So again,
00:34:51.900 if his new campaign slogan is like, woke is here to stay, and I'm the woke candidate, good luck with
00:34:57.100 that. Yeah, part of it seems to be that this liberal trend or almost behavioral pattern where they
00:35:06.220 constantly need to counter signal against the United States. They're constantly trying to say,
00:35:11.880 oh, look how better we are, even when it's to the detriment of Canada, they're willing to die on
00:35:18.100 that hill. And I think Carney is willing to die on that hill. And we will be exploring that in our
00:35:25.100 series because he talks a lot about inclusivity and changing the economy. You know, this is a World
00:35:31.000 Economic Forum idea. Klaus Schwab termed this, made this term up, you know, stakeholder capitalism.
00:35:38.360 And this is encapsulates this whole idea about, you know, changing the world to adapt to these
00:35:45.340 climate goals, but also to these social goals, these social governance goals to promote diversity
00:35:51.120 and equity, to, you know, promote mass immigration, et cetera, refugee policies. So absolutely, whether that
00:35:59.460 is a winning ticket with Canadian voters, I don't think so. And you mentioned, you know, people are way
00:36:05.340 more willing to be open about this and express their dissent, whether it's at their own workplace
00:36:11.300 on social media or against the government. And I'd like just to point out how much of a testament
00:36:18.340 that has been to True North's hard work on this topic, because we were covering it before any of
00:36:25.420 the mainstream legacy media outlets were willing to touch it. We got a lot of flack for it, but we stuck
00:36:31.440 by it. And we've, we have a catalog of examples going all the way back to this company's founding
00:36:38.280 of coverage, pointing out exactly where this is happening and why it's wrong.
00:36:44.640 And it's, it's, it's, I mean, I'm very grateful that things are starting to change. I think that
00:36:49.960 back then when we were the only ones reporting on it, it was great because, you know, we were the only
00:36:54.480 ones reporting on it. And so we got a lot of scoops and we told a lot of stories that were unique
00:36:59.900 to Canada, but we certainly got a lot of blowback. And you realize that the people who push these
00:37:06.320 extreme ideologies, they sort of have like a, I wouldn't even say a religious fervor, because I
00:37:11.980 think that, that that's unkind to religious people. But, but the, but they're maniacs. And, you know,
00:37:17.620 when they, when they have their eyes set on you, it's, it's, it's, it's kind of scary. So yeah,
00:37:22.200 we've all, we've all kind of been the target of the craziness from these people. I just, I just don't
00:37:27.480 think that Mark Carney's very good at this. I think that he has a lot of experience. He's an
00:37:31.600 impressive guy. I had Tom Flanagan, retired professor on, and his point was like, you know,
00:37:37.540 he kind of looks like a prime minister, right? If you look at him, he's like straight out of central
00:37:41.160 casting and he's kind of like a more polished, more educated, more intelligent version of Justin
00:37:47.200 Trudeau, probably equal in their ideological radicalism, or like you said, maybe he's even more
00:37:52.860 radical than Trudeau if that's possible. So I think everyone assumes that Canadians are just
00:37:58.220 going to like rally around him and love him. When I've watched his campaign so far, Cosmin,
00:38:02.580 I just don't think he's very good at this. So I'm going to put this video of his launch. And I mean,
00:38:07.800 there's a whole bunch wrong with this. The image is just weird. It could be in any country. I don't
00:38:14.300 know. It doesn't really look like Edmonton. And he just has low energy. It reminded me, I've said this
00:38:20.340 on the show before, it reminds me of Jeb Bush and how Donald Trump hilariously labeled him low energy
00:38:26.320 Jeb. And I kind of like deflated his entire campaign. But that's what I think of when I
00:38:32.360 watch Mark Carney. So let's play this clip. But those good old times, my friends, are over.
00:38:40.820 Our times are anything but ordinary. The system, it's not working as it should.
00:38:57.900 I don't know if that was supposed to be an applause line, just a long pause and nobody clapped.
00:39:02.260 And it just was very inspiring. What do you think?
00:39:07.760 Well, it was more like he's reading a funeral eulogy than he's actually launching a political
00:39:12.940 campaign. And you're absolutely right. The energy isn't there. And I compare this back
00:39:18.440 to 2015 when Justin Trudeau was running to become prime minister. After he became liberal leader,
00:39:27.100 there was energy in his campaign. There was a lot of young people flocking to Trudeau.
00:39:32.000 You know, he forwarded. He was talking about, you know, releasing students of their student debt.
00:39:37.640 He was promoting the legalization of marijuana. And he had some vitality, right? Some energy and
00:39:44.500 youthful drive that clinched him the election. I just don't see it. I don't see it in Carney.
00:39:51.540 I don't see it in Chrystia Freeland, Karina Gold, any of the liberal candidates,
00:39:55.980 barring the one who, you know, you might call the meme candidate. I forget her name. It's slipping.
00:40:03.620 Yes. Yeah. There is more energy there than there is in Mark Carney's campaign, right?
00:40:08.920 Yeah. And she's been calling out Mark Carney because one of the things that happened,
00:40:12.200 Cosmin, was after the Trump tariff threats and then Trudeau pushing back and saying that we're
00:40:17.580 going to have our own retaliatory tariffs. Mark Carney came out and put out a statement
00:40:21.460 where he was saying that he was in constant conversation with Canada's cabinet. And he was
00:40:27.640 kind of like implying he was involved in all of these decisions. And it's like, dude, you're not
00:40:32.180 even a member of parliament. In what world is it okay for you to be involved in this stuff? And,
00:40:38.500 you know, that's what we were pointing out from the outside. But then Ruby Dalla jumped in
00:40:42.660 and also made that point. So it is kind of amusing to have, I would say, even though Ruby Dalla is a
00:40:48.040 former member of parliament, and she's been around liberal politics probably her entire adult life,
00:40:53.900 she's kind of an outsider because she's not part of that kind of elite Laurentian crowd. So it's
00:40:58.540 amusing to have her in. One of the things that also happened during that launch up in Edmonton
00:41:04.320 is that Mark Carney didn't allow independent journalists to enter the building. And I think
00:41:11.080 this is a big deal. This really, this shows us his character more than anything else. So we had the
00:41:17.260 counter signals. Kian Bexty was sort of leading the charge, but it was also the Western Standard
00:41:22.060 and True North's own Isaac Lamoureux, who, and Isaac is from Edmonton. He's a local journalist.
00:41:27.920 And they weren't letting him in. They weren't giving an explanation. You know, Kian filmed it all.
00:41:33.260 And so, yeah, let's, let's show that clip to see what, what it looked like.
00:41:37.800 If we have to leave, I'm happy to leave, but nobody is from whoever's book this has told us that
00:41:43.400 they're actually an authority figure, just people that I think don't like us. So.
00:41:47.740 Okay. You are trespassing.
00:41:49.200 Oh, okay. Okay.
00:41:52.140 So that was, that was how it all ended. But if, if, uh, you know, earlier in other footage,
00:41:56.760 you could see Kian just trying to get in the door and there's this man that's just blocking it.
00:42:01.280 And Kian's asking him like, who are you? You know, are you running this event? Why aren't we allowed in
00:42:05.920 or re-allowed in? And these kind of like self-appointed bouncers, uh, we're not letting them into a
00:42:11.780 community center and treating them like they were doing something wrong. It's like, hello,
00:42:15.680 we live in a free society. This is called a free press. You might not like the journalists,
00:42:19.220 but they should still be allowed in. And the fact that Carney took that approach, that if you're not
00:42:24.580 part of whatever, I don't even know, I don't know how they identified our own Isaac Lamoureux or,
00:42:29.420 you know, maybe they recognize Kian Bexty, but I don't understand why the rest of them didn't get let
00:42:34.180 in. Like what trouble or like what, what would have possibly happened if like Isaac, who's just like a very
00:42:40.840 well-mannered, unassuming young man, like what, like what's the problem with letting
00:42:44.820 a journalist into the room? I think it really demonstrates, um, exactly what we're going to
00:42:50.440 get with our Carney. Yeah. And it demonstrates weakness and, and fear almost of being asked
00:42:56.800 questions that he doesn't want to answer because as far as I can tell, the legacy media has only
00:43:01.280 thrown him softball questions. He refuses to engage with any independent outlet, even if you're just
00:43:07.600 sending him inquiries in writing. He didn't answer any of our reasonable questions. We're not going
00:43:13.540 there to pick a fight. We're just going there to ask him some basic things about what he said in
00:43:18.500 the past and what he's saying now and how he reconciles these things. Any politician, uh, worth
00:43:25.000 his or her salt should be able to do that because that is going to be their job. If they become prime
00:43:31.500 minister, people have a lot of questions. You are running a government and you better be a equipped
00:43:37.160 to be able to answer those questions coherently and in a way that makes sense. But Carney has
00:43:42.880 refused to do so. He seems to just be cruising along. Uh, and, and when you just look at his
00:43:48.520 campaign, there's this sense of confidence, almost smugness that, uh, radiates from it,
00:43:54.000 that he has this in the bag and he doesn't need to take that extra effort to convince the other
00:44:00.860 voters, other voters who might not be necessarily liberal party members, right? He's the, of course,
00:44:05.940 he's running for the liberal leadership and that's who he's trying to convince.
00:44:09.780 But if he thinks he has it in the bag, he needs to convince Canadians who are not liberals, who don't
00:44:15.660 traditionally vote liberal, uh, that he is going to be serving in the highest office in this country
00:44:21.600 in their interest, everybody's interest, not just the liberal party supporters' interests.
00:44:26.660 But do you know what, Cosman? I don't think he really does have to convince Canadians. Like,
00:44:31.060 here he is. He has decided that he's going to be prime minister. There aren't really a lot of other
00:44:36.800 good candidates, as you pointed out, uh, Chrystia Freeland, Katrina Gould, like, they're very
00:44:41.760 uninspiring. They're just, they're not going to win. They're not going to be prime minister. Had
00:44:45.480 Mark Carney not stepped in, I mean, maybe it would have been Chrystia Freeland and then we would have
00:44:49.320 seen a repeat of the 93 election, I think, where Kim Campbell got absolutely decimated. Uh,
00:44:54.180 but Mark Carney has stepped in. And I think part of the idea is that he doesn't have to face an
00:44:58.920 electorate, that he is going to get selected by the liberal brass. He's already kind of been
00:45:03.400 selected in backroom deals with bankers and whoever else, but he's going to come in. He's
00:45:08.380 going to get to be prime minister, which is something that, you know, he can add it as another
00:45:12.320 trophy on his shelf of things that he's accomplished. And we think we're going into an
00:45:17.140 election, right? Jagmeet Singh said in December that we're going to go into an election, no matter who
00:45:21.660 the liberal leader is. But that requires us to actually trust Jagmeet Singh, who has proven himself
00:45:26.820 over and over and over again to be entirely untrustworthy. So I can imagine a world, and I
00:45:32.480 think it's pretty easy to imagine this, where Mark Carney wins the liberal leadership race in March,
00:45:37.980 becomes the prime minister, and then manages to strike another deal with the NDP, strike another
00:45:43.720 deal with Jagmeet Singh. We know Jagmeet Singh is, his polling numbers are in the tank, and he is
00:45:49.000 probably not even going to win his own riding if there were to be an election this spring. So why
00:45:53.660 would he trigger one? Just like from a rational kind of incentives perspective, he has no incentive
00:45:59.060 to actually trigger an election. He's lied to the Canadian people so many times that he doesn't even
00:46:03.080 care about his reputation or his word anymore. So all Mark Carney has to do is dangle something in
00:46:08.560 front of him. And we know that Jagmeet Singh falls for that, because he did over and over and over again
00:46:13.040 with Justin Trudeau. And so maybe they'll push the election back to October 2025. That would be four
00:46:20.060 years after the last election, and our Elections Canada Act says it's supposed to be every four
00:46:24.220 years. But then there's also this theory floating around. So I want to play this video from our friend
00:46:29.320 Brian Lilly of the Toronto Sun, where he talks about how we might not see an election this year at all.
00:46:34.920 I get the most is when is Canada going into a federal election? Well, the answer is we may
00:46:41.060 not head into one until September 2026. Yeah, you heard that September 2026. That's the last time
00:46:47.780 that we're able to the vote has to be held before the five year mark of the last vote, which was
00:46:52.400 October 2021. That's the Constitution. Yes, we've got fixed election date laws, but they're not worth
00:46:57.560 the paper they're printed on. They have all kinds of outs for parties to be able to do this.
00:47:02.080 If Mark Carney takes over and becomes liberal leader and prime minister, he could cut a deal
00:47:06.820 with Jagmeet Singh and the NDP and say, we've got a national emergency because of Donald Trump
00:47:11.440 and these terror threats. We've got to stay in power. They could stick around, not just until the
00:47:16.980 summer, not just until October, but all the way until the fall of 2026, all because of our strange
00:47:23.840 government and constitutional system. Now, that's totally possible. It's within the realm of
00:47:29.540 possibility. I've talked to many sort of insiders and people who understand the legal system. And
00:47:33.240 they said, yep, that's probably what could happen. That's inside the possibility of what
00:47:37.660 could happen. So what if the whole plan for Mark Carney is to come in, push off the democratic process,
00:47:45.560 stay prime minister, you know, lead the G7 meeting in Canada this summer, not have an election,
00:47:50.860 make this deal with Jagmeet Singh, continue to promote their WEF agenda, their globalist agenda.
00:47:55.440 Canada. I mean, to me, it's like the nail in the coffin of Canada. And then maybe by the time
00:47:59.980 2026 rolls around, he'll bail and do something else, leave the Liberal Party to someone like
00:48:04.580 Chrystia Freeland, and then they'll go down in flames. But, you know, we'll have to endure another
00:48:08.660 18 months of this. And, you know, as bad as it is today, 18 months from it, one can only imagine
00:48:14.340 the damage that could be done to Canada. So what do you think of that scenario?
00:48:18.040 Well, it's absolutely possible. We've seen that the governor general would be willing to,
00:48:24.780 you know, delay an election. And Jagmeet Singh is not to be trusted considering his various flip
00:48:30.580 flops on issues in the past. But it just points to the cynicism, the political cynicism that is
00:48:37.660 happening in Ottawa, and the amount of self-interest that the Liberal Party and the NDP have placed
00:48:45.260 over the interest of Canadians, over affordability, over housing. In every single sector, the Liberals
00:48:54.560 have put themselves and their political futures above the future of Canadians. We are in a crisis.
00:49:02.400 Canada is in a predicament that I'm not so sure it can get out of, at least not right away,
00:49:07.840 because we have a debt crisis. We have mounting debt. At this point, it's intergenerational debt.
00:49:14.160 Not to mention, you know, the housing and the healthcare situation, the problem with our borders,
00:49:20.020 but the tariff threat. We're talking about a recession, a terrible recession. And here we are
00:49:26.400 discussing politicians who are willing to delay Canadians' choice, because that's what we're
00:49:33.760 talking about. An election. Canadians deserve a choice by this point, given we have a prorogue
00:49:39.480 parliament and nothing is working. The government is going to reach a deadline for spending,
00:49:44.340 and Canadians need to have a say. Okay. I don't make this too personal with you,
00:49:50.860 Cosm, but, you know, there's a, there's a, we did a survey, a poll that Trunor published that found
00:49:57.560 that almost half of young men, so Canadian men aged 18 to 34, you fit into that demographic,
00:50:03.340 said that they would take American citizenship if it was offered. So, you know, you don't have to say
00:50:07.800 for yourself personally, but, you know, among your friends, among people you know, like, do you think
00:50:12.340 that a lot of young men in this country have simply just given up on Canada? Well, it's funny you
00:50:17.520 mentioned that, because literally two weeks ago, I have a friend, a longtime friend from Ontario,
00:50:23.500 who was a licensed electrician. He did his apprenticeship, you know, he did trade school,
00:50:29.740 etc., and he was a practicing electrician making a decent wage, but he moved to the, to the United
00:50:36.620 States. He moved to Michigan two weeks ago. So I have a real life example. I've, I have friends who
00:50:42.760 have left the country, not for the United States, but for other countries, and it's absolutely true.
00:50:48.620 Young people, but specifically young men, do not see a future in Canada, because they don't see a,
00:50:55.280 a place where they can own a home, where they can build a business. It's, it seems to be all rigged
00:51:01.100 against them. And there are virtually few, fewer to none politicians who are speaking for them.
00:51:07.620 And that's the, these are individuals who build the country. They work the jobs that keep things
00:51:14.620 going, keep the infrastructure built, keep, you know, the lights running. And, and that's who we need
00:51:20.220 to keep in this country. But we're, all we're doing is driving not only individuals away,
00:51:24.880 but also investment, innovation, entrepreneurs with the capital gains tax, we're driving business
00:51:32.220 away. It's unbelievable. Like people are voting with their feet and you can see it. It's sad,
00:51:37.880 but at the same time, it makes sense. And I think there's like a little bit of dissonance. Like I,
00:51:41.780 I talked to a lot of people about, you know, what, what, what Trump is talking about. A lot of people
00:51:46.500 are like horrified by this idea of the 51st state. And then, you know, a few minutes later, they'll be
00:51:51.180 like, oh, by the way, I got a visa. I'm going to move to the States. And it's like, it's, it's kind
00:51:58.640 of funny how, you know, when it comes to someone's own self-interest, they would take a better
00:52:03.640 opportunity if they could. I think even Mark Carney is backing away from that capital gains tax hike,
00:52:10.420 which is really interesting. I've, a final thing I want to talk about before we wrap this up,
00:52:14.520 Cosman, is that, you know, one of the things that Mark Carney really promotes is his experience
00:52:20.380 as the governor of the Bank of Canada. You know, I know you have forthcoming series on this topic,
00:52:27.060 specifically what he was talking about with digital currencies, kind of terrifying. I think that
00:52:32.060 for so many people, not just Canadians, but so many people around the world, seeing what happened
00:52:36.380 during the trucker convoy, seeing the Trudeau government, really the mask slipped. And we saw like
00:52:42.340 the tyrannical face of a liberal government that's supposed to be progressive and democratic.
00:52:47.380 And I think one of the worst atrocities that happened during that entire episode was the
00:52:54.400 freezing of bank accounts and the confiscating of money. It was kind of scary, the fact that like
00:52:59.160 how easy it could be for the government to just snap its fingers and take your money. And, you know,
00:53:05.420 I think that that's something that will follow Christia Freeland around for the rest of her
00:53:08.860 political career. But why don't you walk us through a little bit on what you've been researching
00:53:13.760 and what you, give us a little tease for the next, the next installment in your series on Mark Carney.
00:53:20.220 Sure. Yes. So our next installment will be Mark Carney's views on central bank digital currencies.
00:53:26.500 And in summary, he essentially advocates CBDCs to be the future of money. He, you know,
00:53:34.340 he's definitely not a member of the Austrian school of economics. He's not this libertarian type. He,
00:53:40.540 he downplays, you know, gold, he downplays cryptocurrency. He wants to see everything
00:53:45.920 centralized under a global bank governance and that to be the future, to get rid of cash,
00:53:52.700 paper cash, and, and have this system where we have central banks issuing digital currencies,
00:53:58.740 cryptocurrencies that are, they're not true cryptocurrencies in the sense that we talk
00:54:04.260 about Bitcoin or Ethereum or any of the other coins out there. They are almost dupes because
00:54:10.780 they are controlled. They, it's not a decentralized system. It's a centralized system and they don't
00:54:16.440 have the privacy inherent to cryptocurrency, right? That's where the crypto comes from essentially hidden
00:54:23.220 in a sense. And of course there are downsides to that with the criminal elements, but Carney advocates
00:54:30.580 for CBDCs and he lays it out plainly. It's all over the book. And this is in his mind, the future.
00:54:39.060 And we know the liberal government has taken steps to, uh, issue to the bank of Canada to, uh,
00:54:45.640 investigate this and, and, you know, potentially lay out a future plan for a Canadian digital currencies.
00:54:52.260 If I recall correctly, they sort of downplayed it and said that, oh, this isn't feasible right now,
00:54:58.300 but given Mark Carney's advocacy of this, and he's advocated as a person in finance for this type of
00:55:05.720 model for the future of money, I suspect that it is definitely within the works of a potential
00:55:12.280 national, national policy if he becomes prime minister. Well, that's the kind of thing I'm worried
00:55:16.840 about that he gets elected and then he stalls an election. It gets placed in by the liberal party,
00:55:21.940 I should say, and installs the election so that he can implement something like that. It's really
00:55:25.660 terrifying because, you know, every, every penny is, is controlled by the state, the government.
00:55:30.980 They know what you're spending money on. They can turn it off whenever they want. They deem that
00:55:35.160 you've done something wrong, uh, as they did during the trucker convoy. So, uh, you know, I, I'll play
00:55:40.180 this one clip because, uh, Kian Bexty caught up with, uh, UK, former UK prime minister of this trust
00:55:46.100 when he was down in Washington, DC. And she put out a strong warning to Canadians, uh, to avoid Mark
00:55:52.860 Carney to not go down the path. She said it would be disastrous for Canada. This is someone who knows
00:55:58.060 she was prime minister when he was the governor of the Bank of Canada. Let's play that clip.
00:56:03.440 Wanting to get your thoughts on Mark Carney and your relationship with him, uh, while you were prime
00:56:08.060 minister of the United Kingdom and any advice you have to Canadians who think he might make a good
00:56:12.600 prime minister? Well, Mark Carney was governor of the Bank of England and under his tenure,
00:56:17.900 too much money was printed, which did damage to the British economy and put our economy off track.
00:56:25.540 He, at the last election, endorsed Rachel Reeves economic policy. She's now become chancellor.
00:56:31.840 It's been a disaster for Britain. Uh, the country is heading for bankruptcy. So I would strongly
00:56:37.100 recommend not backing Mark Carney or his policies on net zero, which have been
00:56:42.440 disastrous for Britain and would be disastrous for Canada. It's not just Liz Truss. There was an
00:56:48.520 op-ed written in the Spectator magazine in the UK on January 7th, 2025, with a headline saying
00:56:53.720 Mark Carney is not fit to be Canadian prime minister. Um, this is written by Matthew Lynn,
00:56:59.740 who's a financial journalist in the UK. And he goes on and on about basically just how bad he was at this
00:57:06.760 job, how harmful it's been for England, how ideological he was in pushing these net zero
00:57:12.280 policies and the green agenda. I mean, I think coupled with his idea of a digital currency and
00:57:17.780 then the fact that he's had a hand in destroying the British economy. I mean, the prime minister said
00:57:22.900 right there, they're heading towards bankruptcy, um, because of him. I'll, uh, I'll, I'll leave the last
00:57:28.320 word on this to you, Cosman. Sure. You mentioned the freedom convoy, and I'd like to point back to
00:57:34.960 February, I think it was February 7th, 2022, in the Globe and Mail, Mark Carney wrote an op-ed, and its title
00:57:43.400 is this verbatim, it's time to end the sedition in Ottawa by enforcing the law and following the money.
00:57:50.880 And he writes in that op-ed about, uh, gutting the financing of the freedom convoy. And when we know
00:57:59.220 the measures that Christy Freeland introduced and the Emergencies Act introduced, treating ordinary
00:58:05.220 Canadians, there's, evidence is clear, over 80%, uh, if not 90% of the donations came from just regular
00:58:13.300 people. They, it was a regular people funding this convoy and treating them like terrorists, like
00:58:21.220 they're involved in money laundering, like they're criminal organizations. And Mark Carney, and we've talked
00:58:27.620 a lot about holding him to his own words, advocated for this in very plain language. And here he is
00:58:34.580 talking about in his book about introducing a central bank digital currencies. You know,
00:58:40.660 any thinking person just needs to connect the dots there. Well, it's a pretty terrifying idea,
00:58:47.860 Cosman. I appreciate all the hard work and the excellent reporting that you do over at TrueNorth and
00:58:52.520 exposing all of this. Thank you so much for joining this show today. I hope that none of this comes
00:58:56.420 through. I hope these predictions don't happen, but I think if Mark Carney, if things go to plan,
00:59:00.420 which is that he will be selected and placed in as a prime minister next month, uh, this is where we
00:59:05.860 could be headed as a country. So thanks for your time today, Cosman. Thank you, Candice.
00:59:10.260 All right. We'll leave it at that. And we will be back again tomorrow. We've got a very,
00:59:13.540 very exciting and special episode for you tomorrow. You're going to want to check that out. Uh, we have
00:59:18.420 Pierre Polyev. It is sit down exclusive interview. So I'm very, very excited for that coming up tomorrow.
00:59:23.460 Thank you so much for tuning into the podcast. I'm Candice Malcolm. This is a Candice Malcolm show.
00:59:27.860 Thank you. And God bless.