The National Telegraph - Wyatt Claypool - September 29, 2025


Carney Liberals in hot water over finances - Canada Post strike backfires massively!


Episode Stats


Length

19 minutes

Words per minute

184.0226

Word count

3,539

Sentence count

178

Harmful content

Misogyny

2

sentences flagged

Hate speech

5

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Wyatt Clunis talks about the state of Canada's finances, the Canada Post strike, and the PM's handling of the situation. He also gives credit where credit is due for dealing with the strike by the Canadian Postal Workers Union.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 Hey guys, Wyatt Claypool here.
00:00:02.760 Remember Mark Carney's slogan,
00:00:05.040 we're going to spend less so we can invest more?
00:00:08.640 Well, it turns out it just means he's going to spend a lot of money
00:00:11.620 and pretend it's investing.
00:00:13.320 I want to talk to you guys today about the terrible state of Canada's finances
00:00:17.480 and our great new interim PBO who is not mincing words
00:00:22.380 when he's going after the current government's wasteful spending.
00:00:26.080 I also later in this video want to talk about something
00:00:29.180 I can actually give Mark Carney some credit on
00:00:32.560 and that is how he is dealing with the Canada Postal Workers Strike
00:00:36.080 which isn't perfect, but I think the Postal Workers Union has it coming.
00:00:41.260 They have two major strikes in less than a year
00:00:44.320 and they don't expect that the government will eventually just say
00:00:47.340 how about we stop doing door-to-door mail delivery
00:00:49.720 and you guys can all not have a job.
00:00:52.560 So we will be talking about that a little bit later on
00:00:55.480 as well as those who think that somehow they are justified
00:00:59.060 in striking yet again despite already having gotten everything they asked for last year.
00:01:04.420 But let's start off with the finances.
00:01:06.980 But before we get into it guys, I just want to remind you
00:01:09.480 if you like the show, make sure to leave a like on this video,
00:01:12.520 subscribe if you are not yet a subscriber,
00:01:14.540 and leave a comment.
00:01:15.440 It helps us on the algorithm
00:01:16.780 and I do enjoy scrolling through and seeing what people are saying
00:01:20.160 and replying to some people.
00:01:21.720 But let's start off with the new interim parliamentary budget officer,
00:01:26.560 Jason Jocks, who did a great job in a committee meeting the other day.
00:01:31.160 He is somebody who does not really stick to kind of parliamentary language.
00:01:35.840 I don't mean in the sense that he's like vulgar, obviously not,
00:01:40.140 but he doesn't mince words.
00:01:42.260 He's not saying things with soft language about how, you know,
00:01:46.560 there's a fiscal horizon that is, you know,
00:01:49.500 something that we would like to avoid.
00:01:52.140 And that, you know, he'll just say we're headed to disaster.
00:01:55.560 He doesn't do the whole, you know,
00:01:56.940 we don't want the Canada's economy to sunset in the next five years
00:02:01.500 and that we may end up in a recession-like state.
00:02:04.820 He'll just say it's stupefying and shocking how bad the spending is.
00:02:08.440 But here was Jason Jocks on CTV News just yesterday.
00:02:13.060 In the report, we clearly indicated that based upon the path we're currently on
00:02:18.800 by our estimates, it raises significant concerns
00:02:23.240 with respect to the sustainability of federal finances.
00:02:26.580 What does that mean in layman's terms?
00:02:28.200 I'm asking because we hear that word a lot from economists,
00:02:32.080 particularly when we're talking about deficits or balanced budgets,
00:02:34.700 you know, what isn't sustainable?
00:02:36.200 When you say that you have concerns about the sustainability
00:02:39.820 of our financial picture here in this country,
00:02:43.540 like what in layman's terms does that mean?
00:02:45.880 I think the, like, certainly from our perspective,
00:02:49.220 we're kind of, we're at the precipice.
00:02:50.800 So we haven't gone over the precipice.
00:02:52.520 We're kind of looking out over the cliff at this point.
00:02:55.620 And we're at a point where, based upon our numbers,
00:02:59.380 things cannot continue as they are.
00:03:01.460 And I think everybody knows that, right?
00:03:03.520 So what we've done is we've taken what everybody's feeling
00:03:07.120 in terms of the anxiety across the country at this point,
00:03:10.060 positive economic growth that doesn't necessarily feel very good.
00:03:13.400 And we've actually put numbers around it with respect
00:03:16.360 to the federal government's deficits over the next five years.
00:03:19.860 And for us, it's really important to set the table
00:03:22.400 for parliamentarians so they know what to expect,
00:03:25.280 so they have a better sense of the overall context
00:03:27.520 within which they're going to be presented with budget 2025.
00:03:30.760 I like this lack of nonsense that comes from jocks.
00:03:36.200 It's not, the last PBO was actually pretty good too.
00:03:39.060 Generally speaking, your PBO is going to be someone
00:03:42.700 who is just a fiscal hawk.
00:03:44.820 They just care about balanced numbers.
00:03:46.720 It drives them up the wall when things are not balanced.
00:03:49.180 And so that's why they are in the watchdog role.
00:03:51.740 They are not supposed to be an ally of the government.
00:03:54.060 If anything, they are supposed to be
00:03:55.740 like an unelected opposition on,
00:03:57.760 or not even opposition, but, you know, referee.
00:04:00.860 When you're spending too much, they will say it
00:04:03.940 so that it's not just an opposition conservative critic saying it.
00:04:07.460 It's somebody who has done the math saying
00:04:09.260 that this cannot be sustained
00:04:10.580 and they are not trying to be partisan about it.
00:04:13.120 And so the thing is that it was funny
00:04:15.520 that after the committee stuff came out yesterday,
00:04:18.420 I showed some people trying to spin it like,
00:04:21.480 oh, well, no, the thing is that he doesn't understand
00:04:24.380 that the spending the government's engaged in
00:04:27.240 is actually going to be a good thing for Canada.
00:04:29.940 And he's just not seeing that this deficit
00:04:32.080 is basically an investment
00:04:33.400 and then it's going to spark more growth.
00:04:35.600 He's even acknowledging in this that,
00:04:37.640 yeah, we've been growing,
00:04:39.240 but the thing is it's not healthy growth.
00:04:41.020 It's just bloat.
00:04:42.640 It's just simply because you've imported 1.00
00:04:44.560 a bunch of people into the country 0.99
00:04:46.120 and because the government has just been
00:04:48.060 jamming money into the economy.
00:04:49.820 Yes, we're growing,
00:04:51.400 but are we actually growing in a sustainable way?
00:04:54.100 And I don't mean that from a green perspective.
00:04:56.660 I mean that from just the,
00:04:58.160 is the economy going to collapse perspective
00:05:00.340 because you were just building
00:05:01.480 a house of cards at this point,
00:05:02.660 but I'll just get back to the rest of this
00:05:04.440 before we move on to some other stuff.
00:05:07.000 So what's at stake at the precipice?
00:05:09.700 Like if you fall over the cliff, what's there?
00:05:12.380 If you're able to go the other way, what's there?
00:05:16.640 Obviously you don't want to go over the precipice.
00:05:19.460 That's probably-
00:05:20.260 Like what happens though, if you do?
00:05:22.980 Nothing good.
00:05:24.100 And nothing good.
00:05:27.380 And I think for parliamentarians,
00:05:29.160 and certainly I think all Canadians
00:05:30.780 are very much aware of the challenging economic times
00:05:34.040 that we're in.
00:05:35.060 And the fact that we're going to have more challenging times
00:05:38.260 as we go forward,
00:05:39.980 both in terms of trying to manage the deficit.
00:05:43.940 So there isn't a lot of fiscal space
00:05:45.840 the government has to actually work with at this point.
00:05:47.880 But I think also more broadly looking at the restructuring
00:05:51.020 of the Canadian economy.
00:05:52.160 So something we've touched on as part of the committee hearings,
00:05:54.780 and I think other people have highlighted is
00:05:56.660 this world order that we've had for the past 75 years is done.
00:06:02.500 That both has geopolitical considerations around additional spending
00:06:07.240 or increasing spending on the defence side,
00:06:09.180 which is definitely a spending pressure.
00:06:11.120 It also has immediate pressures in terms of the Canadian economy
00:06:14.380 and definitely the attenuating or the diminishing of the linkages
00:06:19.420 with the US and our need to find other linkages outside the country.
00:06:22.720 So in short, it means a lot of change
00:06:25.060 within a relatively short period of time.
00:06:27.700 Well, I think what he means there as well
00:06:30.160 by the structure of the economy,
00:06:32.320 and I'm not trying to put words in his mouth,
00:06:34.000 but Canada's economy has been puttering along
00:06:36.100 as borderline a subsidy economy for the last decade,
00:06:39.160 where the things that work in the economy
00:06:41.840 with super heavy air quotes around works
00:06:45.300 is subsidy industries.
00:06:47.940 This is something that Mark Carney knows well.
00:06:50.480 And when he says we're going to spend less
00:06:52.080 to invest more, he's talking about the sort of things,
00:06:55.080 like the sort of strategies he would put in place
00:06:57.620 when he was running Brookfield Asset Management,
00:07:01.140 that he is very much, he rents companies
00:07:03.280 that survived on government subsidies, tax breaks, and grants.
00:07:07.720 And so he was taking that experience
00:07:10.260 and trying to bring it to a national economy,
00:07:12.360 which you can't do.
00:07:13.780 You can be the individual firm
00:07:16.060 who benefits from all of the subsidies and grants,
00:07:19.400 but when you are running the whole country
00:07:22.540 where whenever you give a grant or a subsidy
00:07:25.360 to one industry, you are necessarily hurting another,
00:07:28.200 it's like Carney doesn't really know what to do now.
00:07:31.220 I just want to play you guys a quick video
00:07:33.160 from the liberals.
00:07:35.020 The sort of stuff they're posting these days
00:07:37.320 is just pure pablum.
00:07:39.360 This was from yesterday.
00:07:40.500 Just these 50-second videos
00:07:42.160 where Carney talks about pretty much nothing
00:07:44.420 and we all pretend this is somehow patriotic
00:07:46.780 or, you know, some hopeful message.
00:07:49.200 Well, in the UK,
00:07:49.920 I've met with business and investment leaders
00:07:52.060 to discuss new economic opportunities
00:07:54.780 and partnerships
00:07:56.020 as we look to attract capital to Canada
00:07:59.500 and to empower Canadian workers
00:08:01.840 with new, high-quality careers.
00:08:04.640 My message to business leaders
00:08:06.380 here in New York, throughout the world,
00:08:09.300 is we have what the world wants.
00:08:11.700 Oh my goodness, he's going in French.
00:08:17.260 You get the picture.
00:08:18.600 He has nothing.
00:08:19.800 He has nothing.
00:08:20.880 He's been doing this bit of his world tour
00:08:23.140 and he is taking a rightful amount of flack
00:08:25.840 from the conservatives
00:08:26.700 for how much he's traveling these days.
00:08:29.360 And it's like, well,
00:08:30.300 you were on vacation for a while
00:08:32.380 just puttering around Canada
00:08:34.020 doing nothing in particular.
00:08:35.780 Now, I don't like these trips he's on
00:08:37.660 because they seem vapid and empty,
00:08:39.360 but what was even more vapid and empty
00:08:42.420 was when he was staying at Doug Ford's cottage
00:08:44.740 and he's meeting the premier of PEI
00:08:47.220 for the second time
00:08:48.200 and he's going to the Northwest Territories again.
00:08:51.300 And it's like, yeah, I like our country.
00:08:53.480 Also, can you get back to work?
00:08:55.420 I don't necessarily think this trip is work,
00:08:57.860 but you could have done this during your vacation
00:08:59.940 because it feels like it's just an extended vacation again
00:09:03.400 with a speech every once in a while.
00:09:05.180 And again, he talks like, oh, we talked about,
00:09:07.120 we have what the world wants.
00:09:08.480 Canada has what the world needs.
00:09:10.260 You know, we talked about investment in the UK.
00:09:12.180 Oh, did you get anything?
00:09:13.260 Did someone sign a piece of paper
00:09:14.560 saying we're going to do anything?
00:09:16.320 Okay, no.
00:09:17.280 Okay, well, we always wasted a bunch of money showing up.
00:09:19.640 If anything, we actually hurt our relationships
00:09:22.280 when we show up basically with a bunch of pablum
00:09:24.920 to spew at other world leaders.
00:09:26.660 And they're like, oh my goodness.
00:09:28.100 They don't want Mark Carney back
00:09:29.860 because he just shows up to basically
00:09:31.280 just film liberal party campaign ads.
00:09:34.420 And that's it.
00:09:35.100 And then he leaves.
00:09:35.740 And then we got nothing out of it.
00:09:37.140 And we look like a bunch of putzes too.
00:09:39.980 Anyways, but now I'll actually move on to something
00:09:42.900 I kind of like Carney for.
00:09:45.360 I think Polly would have done this too, to be fair. 0.89
00:09:47.980 So this isn't me giving like high praise,
00:09:50.120 like, oh, this is amazing.
00:09:51.320 I'm turning around my opinion.
00:09:53.600 This is just a article from the CBC.
00:09:57.820 They're obviously much more pro-union than other outlets.
00:10:01.040 So it says right here, Canada Post denies Ottawa's reforms.
00:10:04.020 Give it leverage over striking unions in negotiations.
00:10:08.160 Mail carriers, workers continue days-long standoff
00:10:11.200 with no end in sight.
00:10:13.820 And it says down here, Canada Post is denying
00:10:16.280 the Liberal government's directive to change
00:10:18.020 the Postal Service's operation model.
00:10:20.200 Gives it leverage over the striking union in negotiations
00:10:22.720 as the two sides continue their days-long showdown.
00:10:25.940 Quote, I wouldn't argue that it's given us any leverage,
00:10:28.300 says John Hamilton, a spokesperson for Canada Post
00:10:31.060 during an interview with Rosemary Barton live
00:10:32.800 that aired Sunday.
00:10:34.640 Quote, the union walked out in response to them.
00:10:37.060 And it's like, okay, now take away their jobs.
00:10:40.560 If you have a job and you are supposed to carry mail
00:10:44.140 and then your union, maybe it's not even your fault,
00:10:47.460 but the union says, know what, we're going on strike.
00:10:50.540 I know we just ruined everyone's Christmas last year
00:10:53.240 by going on strike around the holiday season
00:10:55.700 because we had a bunch of demands we wanted met
00:10:58.660 and so we struck at the time
00:11:00.560 that was most obnoxious to people.
00:11:03.000 We got what we wanted, but we're here again.
00:11:05.940 Now, Mark Carney and the Liberals
00:11:07.480 have actually done something I generally support,
00:11:10.640 which is basically saying,
00:11:11.620 how about we just end all this door-to-door mail business
00:11:13.720 and then all the mail carriers don't need to complain
00:11:15.980 about the conditions they're working under
00:11:18.420 or the pay they're receiving
00:11:19.500 because they can have none now.
00:11:20.620 And I have no problem with this at all.
00:11:24.540 And Canada Post saying this,
00:11:25.900 this is why I wanted to address it,
00:11:27.380 Canada Post saying it doesn't give them any leverage,
00:11:29.900 oh, this is bad, you know,
00:11:31.300 we don't necessarily agree with doing this.
00:11:34.380 It's because Canada Post doesn't have to make profit.
00:11:37.120 In fact, they lose hundreds of millions of dollars a year.
00:11:40.900 And so at the same time,
00:11:41.960 Canada Post is in a standoff with the unions.
00:11:44.700 The unions and Canada Post
00:11:46.460 are sort of kind of in league at the same time.
00:11:48.980 The bigger the budget that Canada Post gets
00:11:52.400 from the federal government,
00:11:54.000 the more power they have.
00:11:55.780 And because they lose money,
00:11:57.520 and so they don't care if they lose
00:11:59.340 massive amounts of money doing all this mail carrying.
00:12:01.980 They don't even care
00:12:02.920 if people are being effectively overpaid
00:12:05.640 for a service that not very many people want.
00:12:08.060 They just want to simply have the budget
00:12:10.460 for the mail carrying
00:12:12.200 because if you're a Canada Post executive
00:12:14.620 or a manager or you're in HR,
00:12:16.160 you naturally want a bigger budget to deal with
00:12:20.260 because then you can have a bigger ability
00:12:22.220 to pay yourself a bonus
00:12:23.280 or you can just hire more,
00:12:25.580 you know, administrative people
00:12:27.180 and raise their wages
00:12:28.400 because, hey, I deal with 300 employees under me,
00:12:31.220 not just 75.
00:12:33.200 And so, yes, I am quite happy
00:12:35.180 that the liberal government
00:12:37.260 is actually threatening
00:12:38.180 to take away, like, mail,
00:12:40.600 door-to-door mail carrying.
00:12:42.040 I don't use it.
00:12:42.860 I know some people use it.
00:12:43.860 And, in fact, the liberals even had said,
00:12:46.000 you know, if you have a disability,
00:12:47.480 if you are, you know, above a certain age,
00:12:49.420 you can keep using it.
00:12:50.400 That's fine.
00:12:51.680 But, yeah, we can't just make this something
00:12:54.080 in perpetuity
00:12:55.840 that we're always going to deliver mail door-to-door.
00:12:58.420 When most people just get it,
00:12:59.500 the mailbox down the street
00:13:01.040 when it's just wasting money
00:13:02.780 and now we have the people
00:13:03.800 supposed to carry through with it striking.
00:13:06.940 Now, I just want to talk about
00:13:09.100 some of these tweets
00:13:09.840 from people I like,
00:13:11.680 like Corey Morgan.
00:13:12.800 He was responding to somebody
00:13:14.180 who was contending with his point
00:13:16.960 that Canada Post is paid for by taxpayers.
00:13:20.360 Where is this here?
00:13:26.480 Oh, I'll skip that one.
00:13:28.140 I'll skip the one where he's vulgar.
00:13:29.280 Okay, but anyways, he's talking,
00:13:30.800 he's just responding to this person
00:13:32.220 who's going on about how,
00:13:34.540 or who's saying how,
00:13:35.660 how was taxpayers propping up Canada Post?
00:13:38.820 And Corey Morgan says,
00:13:40.260 let me lay this out
00:13:42.000 as some folks seem to be confused.
00:13:44.880 Canada Post is a crown corporation.
00:13:46.820 That means taxpayers own it.
00:13:49.200 Canada Post is losing billions
00:13:50.760 and taxpayers keep bailing them out.
00:13:53.060 If CP fails with debt,
00:13:54.700 taxpayers are on the hook for the debt.
00:13:56.660 Understand?
00:13:57.180 And this is why I am absolutely fine
00:14:00.560 with just privatizing the Canada Post
00:14:02.760 at this point.
00:14:03.320 I know some people are like,
00:14:04.520 oh, well, companies would just
00:14:05.720 stop doing letters.
00:14:06.600 No, they would do letters.
00:14:08.480 Like Amazon, UPS, here or later,
00:14:11.700 other companies or new companies
00:14:13.120 would just come in and fill the void.
00:14:14.920 And if you want letters
00:14:16.360 delivered directly to your door,
00:14:18.240 if you want letters in your mailbox,
00:14:20.060 well, then you just pay
00:14:21.140 another few dollars a month
00:14:22.340 and they just deliver them
00:14:23.240 to you directly.
00:14:24.520 Or they would just,
00:14:25.420 Amazon would just say,
00:14:26.520 hey, if you order packages,
00:14:27.800 we just include your letters with it.
00:14:29.340 It would probably work out some way.
00:14:32.100 And guess what doesn't get you
00:14:33.600 your letters to your door very well
00:14:35.380 is every time the union strikes
00:14:37.220 and then you just don't get letters
00:14:38.440 and you don't get your checks
00:14:39.380 in the mail and all that stuff
00:14:40.480 because they just refuse to work.
00:14:42.340 That seems like a bigger issue to me.
00:14:45.220 I also like this post
00:14:46.680 from Tristan Hopper saying,
00:14:48.760 the Canada Post strike
00:14:49.820 serves as a troubling reminder
00:14:51.760 of just how many civil servants
00:14:53.340 are happily divorced
00:14:54.400 from any semblance of reality.
00:14:56.760 And they're absolutely
00:14:57.760 beside themselves right now
00:14:58.960 that the Liberals would think
00:15:00.820 about actually cracking down on them.
00:15:03.020 And like, again,
00:15:03.740 the Liberals are great
00:15:04.940 at just completely
00:15:06.640 screwing things up.
00:15:08.060 But even on this issue,
00:15:09.960 the Canada Post Union
00:15:10.820 has been pushing the envelope
00:15:12.480 so much,
00:15:13.540 they will no longer
00:15:14.440 be able to push envelopes
00:15:15.640 because they're going
00:15:16.060 to lose their jobs
00:15:17.180 because you don't get to strike
00:15:18.380 multiple times a year
00:15:19.540 after already getting
00:15:20.500 what you wanted.
00:15:21.800 But of course,
00:15:22.680 we have the NDP
00:15:23.620 out to say something stupid
00:15:25.240 because of course,
00:15:25.900 our interim NDP leader
00:15:28.060 says,
00:15:28.480 I was proud today
00:15:29.480 to express
00:15:30.380 interim NDP leader
00:15:32.320 Don Davies,
00:15:33.040 I should say.
00:15:34.260 I was proud today
00:15:35.560 to express NDP solidarity
00:15:37.180 with CUPW workers
00:15:39.040 striking for respect
00:15:40.520 and job security.
00:15:41.960 New Democrats will fight
00:15:42.980 for this vital service
00:15:43.940 that connects Canadians,
00:15:45.440 serves communities,
00:15:46.420 helps small businesses,
00:15:47.460 employs tens of thousands
00:15:48.520 of Canadians.
00:15:50.040 And then he posts as well,
00:15:51.700 remember this
00:15:52.560 with a liberal post
00:15:54.440 from back in 2015
00:15:55.960 and it's a liberal tweet
00:15:58.200 that says,
00:15:58.880 we'll stop Harper's plan 0.86
00:16:00.080 to end the door-to-door
00:16:01.080 mail delivery in Canada.
00:16:02.880 That's hashtag real change.
00:16:05.260 Then we have NDP leadership
00:16:07.080 candidate here
00:16:07.980 and MP Heather McPherson
00:16:09.740 saying,
00:16:10.780 the liberals should be
00:16:11.560 protecting good jobs
00:16:12.620 and strengthening
00:16:13.260 our public services.
00:16:14.820 Instead,
00:16:15.320 they're allowing Canada Post
00:16:16.400 to cut services,
00:16:18.160 fire Canadians, 0.51
00:16:19.080 and make it harder
00:16:19.900 to get your mail.
00:16:21.780 Okay,
00:16:22.300 well,
00:16:22.540 I walk to the mailbox.
00:16:24.240 It's not hard.
00:16:25.740 Ending door-to-door delivery
00:16:27.200 is ending a fairly niche service
00:16:29.260 that they provide,
00:16:30.700 but it ends up requiring
00:16:32.660 a lot of extra labor to do it.
00:16:36.940 And again,
00:16:37.560 it's delusional to think
00:16:39.000 that the public service
00:16:41.420 needs to be strengthened right now.
00:16:43.140 I'm sorry,
00:16:43.660 no,
00:16:43.800 it does not.
00:16:44.320 The private sector does,
00:16:45.360 but the NDP are a bunch
00:16:46.480 of socialists
00:16:47.180 and they never think
00:16:48.260 of the private sector.
00:16:49.860 They will gouge
00:16:50.680 the private sector
00:16:51.400 with taxes all day long
00:16:52.760 so that somebody
00:16:53.800 is being paid $90,000 a year
00:16:56.160 in order to go around
00:16:57.480 delivering mail.
00:16:58.240 And I know there's going
00:16:58.840 to be someone in the comments
00:16:59.480 saying,
00:16:59.720 no,
00:16:59.860 they don't get $90,000.
00:17:01.180 The people who've actually
00:17:02.160 been working for 10 years
00:17:03.320 at Canada Post
00:17:04.560 will sometimes be making
00:17:05.900 $90,000 a year
00:17:07.200 for a role
00:17:08.120 that is losing money,
00:17:09.420 that is just losing
00:17:10.200 taxpayers' money.
00:17:11.520 And by the way,
00:17:12.280 there's probably an area
00:17:13.600 where the Canada Post
00:17:14.640 could be efficient.
00:17:16.220 They could be doing
00:17:16.960 a good job,
00:17:17.740 but they refuse
00:17:18.740 to change.
00:17:19.780 The union refuses
00:17:20.660 to budge
00:17:21.340 in order to make
00:17:22.160 the service
00:17:22.720 actually,
00:17:23.700 you know,
00:17:24.180 profitable.
00:17:25.240 And by the way,
00:17:26.180 we are in an economy
00:17:27.120 where delivery services
00:17:28.860 are hugely profitable
00:17:30.480 right now.
00:17:31.560 Again,
00:17:32.100 Amazon,
00:17:32.840 UPS,
00:17:33.700 Curulator,
00:17:34.360 people who deliver
00:17:34.980 things to your door
00:17:35.640 like food.
00:17:36.460 This is all making
00:17:37.320 a lot of money
00:17:38.060 these days
00:17:38.580 and somehow
00:17:39.300 Canada Post
00:17:39.960 cannot figure it out.
00:17:41.540 But they do want
00:17:42.580 more money
00:17:43.060 because they run
00:17:43.720 a $900 million deficit
00:17:45.440 every single year.
00:17:46.700 It's absolutely absurd
00:17:48.000 and now Canadians
00:17:49.340 are having to kick in
00:17:50.800 an extra billion dollars
00:17:52.600 a year
00:17:52.860 just to keep them afloat.
00:17:54.300 At some point,
00:17:55.560 they will go bankrupt
00:17:56.580 and all the people saying,
00:17:58.000 no,
00:17:58.240 you actually don't understand.
00:17:59.340 They don't make 0.89
00:17:59.880 that much money.
00:18:00.640 You get to pay
00:18:01.280 for all the debt
00:18:01.980 that they ended up
00:18:02.720 incurring
00:18:03.120 because they made
00:18:04.440 so little money
00:18:05.420 that the company
00:18:06.500 that we now all have
00:18:08.000 an extra like $10,000
00:18:09.440 each to pay
00:18:10.520 off the national debt.
00:18:12.340 It's ridiculous.
00:18:14.180 Anyways,
00:18:14.820 so with all this
00:18:16.220 being said,
00:18:17.100 that should be it
00:18:17.660 for me today, guys.
00:18:19.040 If you like the show,
00:18:19.920 again,
00:18:20.280 like the video,
00:18:21.300 subscribe to the channel
00:18:22.120 if you're not a subscriber,
00:18:23.440 leave a comment
00:18:24.040 on what you think
00:18:25.200 unless you're going
00:18:25.800 to badger me about,
00:18:26.720 no,
00:18:26.940 actually Canada Postal
00:18:27.960 workers should make 0.60
00:18:28.500 $200,000 a year.
00:18:30.220 I've made minimum wage
00:18:31.540 for five years
00:18:32.740 at some roles.
00:18:33.720 I make less
00:18:34.640 than a normal salary
00:18:36.920 at a lot of jobs
00:18:37.700 I work.
00:18:38.220 I work a lot of
00:18:38.860 different little jobs
00:18:39.740 and for some reason
00:18:40.560 we have this antiquated idea
00:18:41.740 that like you should
00:18:42.840 stick at a job
00:18:43.660 and eventually
00:18:44.080 they give you
00:18:44.600 your golden watch
00:18:45.500 and you're making
00:18:45.880 $120,000 a year
00:18:47.480 and you're still doing
00:18:48.620 like the same
00:18:49.440 basic mail carrier job
00:18:51.720 that you were working
00:18:52.440 from like 20 years ago
00:18:53.540 and it's like,
00:18:54.400 but the service,
00:18:55.900 it's not like you've
00:18:56.420 become more efficient
00:18:57.160 but we have a public service
00:18:58.560 where the job wages,
00:19:00.640 like your salary
00:19:01.280 just kind of increases
00:19:02.380 5% every single year
00:19:04.260 no matter what.
00:19:05.760 Anyways,
00:19:06.260 maybe I'm just being mean.
00:19:07.160 maybe I'm just
00:19:08.160 a mean old
00:19:09.440 anti-union guy
00:19:10.420 but anyways,
00:19:11.500 kind of that.
00:19:12.480 See you guys all later.