The Candice Malcolm Show - How well do we know Mark Carney？

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.

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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. 0.99

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, 0.93

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 1.00

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. 1.00

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. 0.57

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 0.87

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 0.99

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? 0.93

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 0.65

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. 0.90

00:32:04.440 It's extra wrong because we're pushing just the worst values upon the world. And of course, 0.90

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 1.00

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 0.78

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 0.56

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, 0.98

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 1.00

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 0.96

00:44:49.320 seen a repeat of the 93 election, I think, where Kim Campbell got absolutely decimated. Uh, 0.99

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. 1.00

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 0.98

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 0.98

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.

The Candice Malcolm Show - February 12, 2025

How well do we know Mark Carney？

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