The Candice Malcolm Show - The Candice Malcolm Show： Justin Trudeau is the king of corporate welfare

00:00:00.000 The UN does an about-face after a report calling natural resource development in Canada a racist.

00:00:05.080 Justin Trudeau is the king of corporate welfare, but does it actually help?

00:00:08.600 Iran continues to lie about the downed Ukrainian Airlines flight,

00:00:12.220 plus a huge snowstorm buries Newfoundland, but the community comes together to help.

00:00:16.700 I'm Candice Malcolm and this is The Candice Malcolm Show.

00:00:24.000 Hi everyone, thank you so much for tuning into the program.

00:00:26.740 Hopefully you are surviving the huge winter storms that have been happening all over the country,

00:00:31.240 particularly folks out in Newfoundland.

00:00:33.300 The footage from those storms is just absolutely incredible and we're going to talk about it later in the show.

00:00:38.660 But first, this is a story that we covered on the show last week and it is just so absurd that it deserves to be covered again,

00:00:44.960 this time from the opposite perspective.

00:00:47.240 So this story came out, it was in the National Post,

00:00:49.200 First Nations Chief Blast Condescending UN Anti-Racism Directive that called for Pipeline to be shut down.

00:00:56.940 So if you recall, the United Nations Committee on the Elimination of Racial Discrimination

00:01:01.200 called for three large-scale natural resource development projects in Canada to be halted.

00:01:06.960 The rationale, they said, was that it was bad for Indigenous and Aboriginal Canadians.

00:01:11.200 The only problem is that this UN committee didn't actually study the problem.

00:01:15.120 They didn't even look into it.

00:01:16.080 They said that investigative journalism is not part of their mandate and they didn't bother to talk to Indigenous people in Canada.

00:01:23.060 So a Canadian First Nations chief is slamming that recent report basically because the UN didn't even look into the situation properly.

00:01:30.440 So the project that they condemned, the UN called for the immediate shutdown of three projects,

00:01:35.500 including the coastal gasoline natural gas pipeline.

00:01:38.040 And what they didn't learn, what they didn't bother to study or find out,

00:01:41.520 was that that project actually has the sign-on that 20 different Indigenous communities have signed on to that agreement.

00:01:48.600 So they're in support of it.

00:01:50.300 Many other First Nations groups in Canada are supportive.

00:01:53.160 So in a interview with Reuters last week, the chair of this UN committee, Nordin Amir,

00:01:59.120 admitted that the committee did not study First Nations views towards the project,

00:02:02.360 saying he did not know that most communities supported it.

00:02:05.980 I did not know that most First Nations agreed on that, he told Reuters.

00:02:09.280 This is something new that came to my understanding.

00:02:12.080 He further said that he did not seek out further information on the project

00:02:14.720 because the role of the committee does not involve investigative work.

00:02:18.560 That begs the question, what is the role of the committee then?

00:02:21.400 What is the role of the committee?

00:02:22.400 You've made up this United Nations Committee on Racism,

00:02:24.660 where you condemn different things in a peaceful, free country like Canada

00:02:30.020 for supposedly being racist without studying it, without looking at it.

00:02:33.480 And then when you get kind of called out for taking the wrong position

00:02:36.960 and not even representing the views of the people who you claim to represent,

00:02:40.720 you just shrug your shoulders and you say, well, that's not our role.

00:02:43.440 Our role isn't to actually investigate what we're studying. 0.92

00:02:45.740 Our role is to just put out these ridiculous reports.

00:02:48.060 This, in a nutshell, is a problem with the United Nations. 0.87

00:02:50.140 They are an organization that's mandate is basically just to demonize Western countries,

00:02:56.780 demonize free countries like Canada, pit people against each other.

00:03:00.340 And again, they shouldn't be butting their nose into our business.

00:03:03.460 There's real racism in the world.

00:03:04.860 There are real problems in the world.

00:03:06.300 And they're not in Canada.

00:03:07.400 They're not deriving from resource development projects.

00:03:10.380 Okay, let's move on.

00:03:11.560 I wrote a column on this topic in the Toronto Sun.

00:03:14.180 So you can catch that over at thetorontosun.com.

00:03:18.220 You know, it's crazy.

00:03:19.080 Justin Trudeau is the king of corporate welfare.

00:03:21.200 He's handing out money left, right and center.

00:03:23.160 Of course, especially to, you know, big firms that are based in Montreal and based in Quebec

00:03:27.020 where he has a chummy relationship.

00:03:29.300 But when you actually study the outcome of where this money goes

00:03:32.220 and what happens to those companies, the picture isn't so rosy.

00:03:35.420 So there's a couple of really major examples in the news recently of basically these companies

00:03:40.620 pairing with the Canadian government, teaming with the Canadian government,

00:03:43.480 getting corporate welfare, taking taxpayer dollars.

00:03:46.260 And then the result is not exactly what you want if you are running a business.

00:03:50.820 So let's first look at Bombardier.

00:03:52.860 Bombardier is a Montreal-based aerospace manufacturing company.

00:03:56.580 In 2017, the Trudeau government bailed out Bombardier with a $373 million federal loan.

00:04:02.620 At the same time, the Liberal government in Quebec also provided a taxpayer-funded bailout

00:04:06.580 to the tune of $1 billion.

00:04:07.980 So 18 months after that bailout, the Bombardier announced that it was cutting 5,000 jobs.

00:04:14.640 3,000 of those happened to be in Canada.

00:04:16.560 So why is the, you know, taxpayers in Quebec and federal taxpayers giving a company $1.34 billion

00:04:23.460 to turn around and have them lay off 3,000 Canadian employees?

00:04:28.300 Well, it went from bad to worse.

00:04:30.560 So Bombardier announced their earnings for 2019.

00:04:35.820 It turns out the revenues dropped.

00:04:37.040 They failed to meet the targets.

00:04:39.140 And the stock price plummeted by one-third of its value in a single day.

00:04:43.400 So that is the largest drop.

00:04:45.320 Bombardier's stock is now at an all-time low.

00:04:47.940 So again, where's the return on investment?

00:04:50.360 Canadians invested into this company against their will.

00:04:53.140 It was a bad investment.

00:04:54.340 And now Bombardier is flailing.

00:04:57.720 And, you know, the same thing can be said with Loblaws.

00:05:00.720 Loblaws, you remember about a year and a half ago,

00:05:03.900 Catherine McKenna, the then environment minister, 0.99

00:05:06.180 did this stupid bailout announcement with Loblaws. 0.99

00:05:09.140 You know, Loblaws is the biggest grocery store in Canada. 1.00

00:05:11.760 It is a huge multi-billion dollar company.

00:05:15.100 And yet they had to get a bailout from the Canadian government

00:05:18.040 to build some kind of a new, you know, environmentally friendly refrigerator system.

00:05:23.520 It makes absolutely no sense.

00:05:25.120 For whatever reason, Canadian taxpayers shelled over $12 million to this company.

00:05:29.960 Well, guess what?

00:05:31.080 Guess what?

00:05:31.700 The company just announced that it was laying off 700 workers

00:05:34.840 and closing two distribution centres in Quebec and Ontario,

00:05:38.980 noting that the positions were replaced by new technology and automation.

00:05:42.560 So was the technology that the Canadian taxpayers gave to Loblaws,

00:05:46.700 did that contribute to the layoffs?

00:05:48.620 I don't know.

00:05:49.340 But still, the idea that these big companies are taking money from the Canadian government

00:05:53.120 and then turning around and laying off Canadians is just, there's no excuse for it.

00:05:57.640 It's the worst example of crony capitalism.

00:06:00.540 You know, the Trudeau government is supposedly, you know,

00:06:03.760 they get accused of being sort of like neoliberal or free market.

00:06:06.980 They're not free market.

00:06:07.820 They have their hands in all these different pockets.

00:06:10.380 They want to sort of take credit for companies that are successful.

00:06:13.920 And they do so by tacking on these little, you know, handouts to their friends.

00:06:17.700 You know, it's not based on which companies are the best

00:06:20.340 or which companies, you know, are the most deserving somehow of money from the taxpayers.

00:06:25.240 But it's all based on lobbying and whose lobbyists are friends with who

00:06:28.840 and who has the most friends in the Liberal government.

00:06:31.980 Well, you know, again, partnering with the government makes no sense.

00:06:35.200 And the payout isn't very good.

00:06:37.120 You can say the same thing about the media.

00:06:39.340 We reported this last week as well.

00:06:41.320 CBC's viewership is at an all-time low.

00:06:43.700 They have less than 1% of Canadians are now watching their evening news program.

00:06:49.160 Their ad revenue is spelled by 37%.

00:06:51.620 CBC National News Network, which is their dedicated news channel,

00:06:55.920 has just a 1.4% market share.

00:06:58.640 The total CBC platform across all television markets is 5%.

00:07:03.400 So the CBC is getting more money than they ever have before,

00:07:06.420 $1.2 billion in tax money.

00:07:08.640 And they have no audience.

00:07:09.840 Their audience is diminishing and falling apart.

00:07:12.860 And yet we're paying more and more money to bail out this big giant.

00:07:16.220 And, of course, the CBC is, again, coming to the Trudeau government saying that they need even more money.

00:07:21.500 Even more money.

00:07:22.260 This is just, again, a terrible example of the government interfering in the free market

00:07:26.820 and not even doing it in a very good way.

00:07:29.000 Not even doing it in a way that somehow creates benefit.

00:07:32.880 Like, the companies that partner with the government are doomed to fail,

00:07:36.340 which is why the government shouldn't be involved.

00:07:38.340 If you're a business owner, you should run.

00:07:40.220 You should not be, like, lining up or interested in any kind of government handout or bailout.

00:07:44.300 You should be turning in the opposite direction and saying,

00:07:46.480 I don't want to partner with the government because of this track record.

00:07:49.120 I know a lot of media companies out there are going to the federal government.

00:07:52.360 They want to have part of that $595 million slash fund for journalists.

00:07:58.700 Well, True North would never take a penny from the Trudeau government or from any government

00:08:02.800 because it is a lose-lose situation.

00:08:06.140 Okay, let's move on.

00:08:07.360 So Iran continues to lie about the downed plane that went down in Tehran,

00:08:13.060 killing everyone on board, including some 57 or 58 Canadians.

00:08:18.080 Most of the people on board of that plane, by the way, 138, according to the Globe and Mail,

00:08:21.920 were on their way to Canada.

00:08:23.120 So whether they were Canadian citizens, permanent residents,

00:08:25.640 or they were visiting family members in Canada,

00:08:27.760 many, many people on that plane had an access or connection to Canada.

00:08:31.740 So Iran is basically just going back and forth.

00:08:35.700 At first, they said that they would release the black box from the flight,

00:08:39.460 and that was sort of what the international community was calling for.

00:08:42.340 Well, the most recent news we hear is that they're no longer handing over that black box,

00:08:46.440 that they are refusing to.

00:08:48.180 If the plane was shot down, as the Iranian regime has now maintained,

00:08:52.000 this is the one thing they've kept straight for the past week.

00:08:55.000 Remember at first that they lied and said that it was engine problems,

00:08:57.980 then they lied again, saying that someone else must have shot down the plane.

00:09:01.260 Then they finally came to their senses and admitted the truth that they shot down the plane,

00:09:05.260 but they said it was an accident.

00:09:07.000 Well, if it really was an accident, why wouldn't you just turn over the black box? 0.91

00:09:10.220 What do you have to hide?

00:09:11.720 The fact that they are trying to hide something really, really begs the question of,

00:09:16.640 you know, what really happened that night?

00:09:19.120 And again, it shows just how evil this regime really is.

00:09:24.080 Well, perhaps that's why a recent survey found that 7 in 10 Canadians

00:09:28.080 believed that the truth about that night and that plane crash will never be found,

00:09:32.940 that they just don't have any faith in the Iranian regime

00:09:36.220 or the international community's ability to deal with that rogue regime.

00:09:41.500 So 7 out of 10 Canadians felt that we would never get the full story,

00:09:45.680 that we'd never really find out, well, Iran is really pushing that

00:09:48.700 because they are refusing to cooperate in any way.

00:09:52.540 Okay, let's move on. Final story here.

00:09:54.540 There was a huge, huge storm in Newfoundland.

00:09:58.340 Record snowfall.

00:09:59.400 Basically, they had to call in the Canadian Armed Forces to help.

00:10:03.580 If you look at some of the photos that have come up on social media,

00:10:05.900 you see you open your front door and there's nothing but snow.

00:10:08.680 It's a wall of snow.

00:10:09.620 You know, you don't even know where to start.

00:10:12.100 I wouldn't even know where to start to dig myself out for something like that.

00:10:16.220 Okay, so St. John's was in a state of emergency

00:10:18.220 after Newfoundland was hit with a record-breaking snowfall

00:10:20.900 that piled more than two feet of snow onto some part of the provinces

00:10:24.420 and wind that was pushing that snow around drifts several feet high.

00:10:28.200 So many communities are dealing with power outages

00:10:30.400 and there are just tons and tons of reports, you know, like I said,

00:10:34.800 people not being able to find their cars because they're completely buried by snow,

00:10:37.840 not being able to get out of their homes.

00:10:40.060 But I think my two favorite stories that I heard about over the weekend

00:10:43.660 were both to do with women giving birth or about to give birth.

00:10:48.320 So this is something I heard about on the radio

00:10:49.780 and I guess Mark Critch, who's a CBC comedian, he also heard about it.

00:10:53.660 He said,

00:10:54.080 Radio just reported that a pregnant woman in labor drove herself to the hospital on a ski-doo.

00:11:00.680 I hope they are okay.

00:11:02.040 I'm pretty sure the child will grow up to be the future premier that will lead us to prosperity.

00:11:06.200 Wow, this is like the most Canadian story you can imagine.

00:11:09.200 A woman goes into labor, needs to get to the hospital.

00:11:11.980 There's two feet of snow outside.

00:11:13.620 So she goes on a ski-doo like a champ.

00:11:16.480 Another story, similar, not quite similar,

00:11:20.000 but another story about a baby being born in the midst of this crazy, crazy storm

00:11:24.980 out in Newfoundland is the Snow family.

00:11:27.800 Their actual last name is Snow.

00:11:29.820 So Levi Jacob Snow was born during the height of the raging blizzard that knocked out power

00:11:34.380 and hit eastern Newfoundland so hard that military has been called in.

00:11:38.460 It was 1041 on Friday, about the same time that a record was broken at St. John's International

00:11:44.600 Airport for the highest snowfall amounts in a single day.

00:11:48.000 So the father asked for some help digging out their St. John's home on social media.

00:11:52.560 And by Sunday, 10 to 15 good Samaritans were outside his house with shovels.

00:11:58.580 The couple faced an eight-foot snow drift.

00:12:02.300 There's eight feet of snow outside their door.

00:12:04.400 Well, thank goodness for these good Samaritans that came and helped that baby get inside a warm house

00:12:10.380 after leaving the hospital.

00:12:12.060 That's the kind of stuff you love, Canadians coming together to help each other

00:12:14.920 in the worst of the worst of the winter weather.

00:12:17.420 Okay, I'm going to leave it at that.

00:12:18.460 Thank you so much for tuning in and we will be back again on Wednesday.

The Candice Malcolm Show - January 20, 2020

The Candice Malcolm Show： Justin Trudeau is the king of corporate welfare

Episode Stats

Summary

Transcript