00:01:46.660He used to be the chair of Brookfield Asset Management.
00:01:49.880He was the governor of the Bank of Canada in England.
00:01:52.260How could he be bad, even though he was also Justin Trudeau's economic advisor, which should have been a massive crimson red flag?
00:02:00.120But we'll forgive people for thinking that.0.97
00:02:02.800Right now, a lot of people are going to be rethinking how they vote, considering in black and white numbers, he sucks at his job.
00:02:10.260Or I guess not black and white, but red and white numbers, because we are currently in the red in terms of our economy.
00:02:17.140Anyways, before I get into this press conference with Pierre Polyev where he's asked about Dominic LeBlanc running down to the U.S.
00:02:23.700and then also asked about his polling numbers, I just quickly want to mention if you like the channel,
00:02:29.040make sure to leave a like on this video, subscribe if you're not yet a subscriber,
00:02:33.040and of course hit the join button below the video title if you want to become a channel member and help support the channel,
00:02:38.940making me less reliant on the YouTube algorithm and making the whole operation more sustainable for me.
00:02:43.900Of course, I salute everyone who is already a member of the channel. It really does help.
00:02:49.580But here is Pierre Palliev answering this question about Dominic LeBlanc heading to the U.S.,
00:02:54.540and then we will get into the slightly snarky question over his polling numbers before we go to QP.
00:03:00.720I ask you on the economy for the USMCA July 1st review,
00:03:05.160and what's your expectation out of Dominic LeBlanc, who is headed to Washington this week?
00:03:10.580Well, I've already told you how we're preparing.
00:03:12.400We have published a very clear plan to get a tariff-free agreement.
00:03:18.480I've already did an extensive tour of the United States to win support for tariff-free trade.
00:03:24.260Frankly, I've done a lot more in opposition than Mr. O'Karni has been doing in government to promote tariff-free trade.
00:03:31.800I don't have any expectations for Dominic LeBlanc's trip.
00:03:35.140He does these trips where he goes and socializes and comes back empty-handed.
00:03:38.940and yet we have while the mexicans have been in formal talks for six months
00:03:43.820mark carney has been gallivanting around giving speeches filled with dazzling buzzwords0.73
00:03:49.080that achieve nothing but the worst economy in the g7 so unfortunately right now all we have
00:03:58.060is a gigantic liberal recession here at home and no tariff free access abroad now the conservatives
00:04:06.500should be basically capitalizing on this by, and I think they've been doing a little bit by saying,
00:04:11.680hey, when did they go from Canada strong to make America great again? But they should also point
00:04:16.120out just how pathetic the image is. The recession happens. Carney knows it's happening. So he runs0.97
00:04:22.580down to New York to beg. Dominic LeBlanc in the aftermath of that heads down to Washington for
00:04:27.960some emergency talks. And these guys were playing it as cool as a cucumber. We don't care about
00:04:34.020getting a deal with Trump. We're in no hurry. Don't worry about it, guys. We don't want a bad
00:04:39.580deal. We're only going to go for a good deal for Canada. And that's why we're in no rush.
00:04:43.500Even though previously Carney said, I'm going to get it all fixed up by the end of July 2025.
00:04:49.200Well, we're approaching July 2026, and we still don't have a deal. And we are going to go into
00:04:54.400KUSMA or USMCA renegotiations, which we're going to fail in. Like just, you know, spoiler alert,
00:05:01.780we're going to suck at that because we couldn't do the book report right, which is a trade deal
00:05:06.760on the tariff situation. So how are we going to get the master's thesis done, which is the Kuzma
00:05:12.320renegotiation? We couldn't do the simple project. So let's do the super complicated project
00:05:17.360and the simple project at the same time. Maybe Mark Carney is just a master procrastinator,
00:05:24.240but I doubt it. I think he just doesn't want to fail. And so he's been hiding under his blankets,
00:05:29.420not wanting to face Trump. And now that the recession is happening, he's kind of forced to
00:05:34.140go and make friendly with the U.S. once again. So I think Polyev's overall point is correct,
00:05:39.860that I don't know what this is really going to turn into. It's not like Trump's going to sign
00:05:43.240anything that's going to make Carney look good at this point. He's going to get a lot of concessions
00:05:47.460of the liberals because the liberals have not been playing hardball up to this point. And now
00:05:51.740they're going to have to play softball to at least get something to get us out of the hole we're in.
00:05:56.220Can I ask you, on your position on the economy, the polls show that despite your bleak picture,
00:06:02.080despite your bleak picture that you're painting, Canadians trust Mark Carney to deal with the
00:06:06.880economy, to address jobs. So why do you think that is? Why do you think that despite what
00:06:10.760you're saying, your pitch is not resonating with them? I always hate questions like this because
00:06:15.280it's based on polling pre-recession. In fact, we're already getting polling numbers in from
00:06:21.900pollsters I don't even really like, like liaison. They do lean a little bit left, so I'll take their
00:06:26.480numbers with a grain of salt. Already showing the NDP jumping up in the aftermath of Stephen
00:06:32.000Gilboa leaving the Liberal Party, sitting as a Liberal but resigning during the summer
00:06:39.940because he doesn't like the Liberals on climate anymore. The NDP is also jumping up because of
00:06:45.560the deal that Carney signed with Alberta Premier Daniel Smith and the media's fear-mongering
00:06:51.280about separatism is now making those liberals ticked off with Carney that he's working with
00:06:56.580at all, and they're going NDP. But now that the recession has happened, in the next week,
00:07:01.820you're probably going to see the liberals tick down a few points, the conservatives tick up a
00:07:05.820few points, and the NDP may tick up a few points. Yes, Carney's in the lead, but you can't cite a
00:07:11.640pre-recession lead as basically saying, well, nobody cares about what you're saying about the
00:07:16.380current recession, Polly, because two weeks ago, the polls showed that it didn't matter.
00:07:20.220Well, it is. And I think what's going to happen is the illusion of Mark Carney is very quickly going to collide with the reality of Mark Carney. And that reality is that he is the only G7 leader who has put his economy into a recession. He's the only G7 leader whose economy has shrunk in three of the last four quarters.
00:07:41.480He's the only G7 leader whose economy is smaller today than it was a year ago.
00:07:47.380He leads the economy with the worst household debt, the worst housing costs, and the worst food price inflation.
00:07:54.160That is the real record of Mark Carney.
00:07:56.960It is not the illusion presented in the media, but it is the reality.
00:08:01.720And I think in the long-term run, reality will collide with the illusion.
00:22:33.660Yet again, I think the leader of the opposition should read the entire report, because although, of course, people are struggling. In fact, what the National Food Bank said was that they're seeing some reasons for optimism, because the very things that they've called for.
00:22:50.200oh my goodness liberal friendly people in food banks canada is willing to say hey i guess the
00:22:57.120liberals have thrown out a couple other support programs so there's there's silver linings around
00:23:01.800this like rusted out uh portrait like automatic tax filing like the introduction of the groceries
00:23:09.620and essentials benefits like expanded dental care and investments in child care they know as
00:23:15.040positive and bringing down the cost of living for canadians and mr speaker i will point out
00:23:19.720they voted against all those measures oh wow i can't believe the conservative why1.00
00:23:25.400how could the conservatives vote against a bunch of stupid programs oh my goodness why don't the1.00
00:23:31.000conservative support making people slightly more comfortable as they slip into poverty like guys1.00
00:23:37.080it's almost like you don't need those programs if you just cut taxes and regulations and you
00:23:42.360let the economy function properly the liberals like to break people's legs and then give them
00:23:47.160a crutch what hey the conservatives voted against giving that person a crutch for in the middle of
00:23:53.240us breaking their legs they they don't like our our crutch program at all it's like yeah
00:24:00.040because they don't want you to stop breaking people's legs so that they don't need crutches
00:24:08.280oh it's a block of a quad we can leave that one i actually didn't love the way that the
00:24:12.840the Conservatives handled question period today. I think Polyev did a good job. Too many of the
00:24:17.500follow-up MPs basically just asked the same question about the recession. We're the only
00:24:23.600G7 country in a recession, and they would keep repeating that. It's a good point to make, but
00:24:27.120they kept saying it. I think someone should have taken on the trade aspect of this. Is the Liberal
00:24:31.440government now going to finally take getting a trade deal seriously? How are we on the trade
00:24:36.340deal where are we along the trade deal how many jobs or do like how many jobs are we going to
00:24:43.820lose in the next quarter why are we losing jobs if you guys are doing such a good job supporting
00:24:48.920workers like i would just keep asking more specific questions where i felt like a lot of
00:24:53.280the other mps stayed too broad and on top of the issue again uh i would point out a bunch of their
00:24:59.340wasted money they spent 200 million dollars on a fake space launch pad at the same time they're
00:25:05.180bragging about creating jobs. It's like, well, yeah, this is how you're creating jobs, throwing
00:25:10.020$200 million at nothing. And I guess it creates a bunch of fake jobs out in Newfoundland or
00:25:16.320somewhere else in Toronto for lobbyists who are getting the government's money for these
00:25:21.140fake initiatives. But overall, again, conservatives should be asking about a big tax cut. We want a
00:25:28.080big tax cut because Carney, here's a great thing. And here's a lesson in politics. What you want to
00:25:33.680do as an opposition party is demand a change that the government would never do. Liberals would
00:25:41.160never do a big across-the-board tax cut. They're too into government spending as their solution
00:25:47.140to problems, not shrinking the size of government. So one, it's something your opponent would never
00:25:53.220do, and it polarizes the electorate. The next election now becomes about Mark Carney's managed
00:25:59.420decline of the economy slipping in and out of recessions constantly. And then there's Polyev
00:26:04.020over there saying 18% cut across the board and let's take a point off the GST. That's how you
00:26:09.220do it. And if he became prime minister, what you do is because you're going to lower corporate
00:26:13.700taxes, you get grocery stores and say, hey, I'm giving you guys an 18% corporate tax cut.
00:26:19.060I want next week the price of groceries to go down because I know if the price of groceries
00:26:24.540doesn't go down, the media is going to pretend it's a big failure, forgetting that usually
00:26:28.840prices go down slower. You guys need to lower prices ASAP. But now I'm getting way ahead of
00:26:34.260myself. But overall, there's kind of an art to the way that you run against a failing government.
00:26:39.540You don't run slightly to their right by saying, I'm going to lower taxes a little bit more.
00:26:44.620You lower taxes way more than they would ever be willing to do. And this is the problem when
00:26:49.640Polyev was running against gas taxes. Would I be in favor of getting rid of all the gas taxes?