Carney Runs From Trump in Davos - Trump SLAMS Carney's hypocrisy!
Episode Stats
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Summary
Mark Carney's failed trade deal with the U.S. and Donald Trump's speech at the World Economic Forum are two of the most ridiculous things he said at the WEF this year. I break it down in this video.
Transcript
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Hey guys, Wyatt Claypool here. Remember way back in the day, and I mean like way, way back in the
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day, when Prime Minister Mark Carney promised that he could get a trade deal signed with the
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Americans and Donald Trump, and you could trust him to do it because he's dealt with Donald Trump
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before? Well, you may be shocked to learn, especially if you're a Liberal Party voter,
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that that was not, in fact, way back in the day. That was less than a year ago. And no,
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Mr. Carney did not fulfill that promise. We are, for some reason, not trading with the Americans
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more. We are trading more with the Communist Chinese and cozying up with the Qataris who
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fund Hamas. A little bit of a deviation from what Mark Carney was saying, not only during the last
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election, but when he was even running for Liberal Party leadership. But somehow, there are
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Liberals out there, a sizable portion of the Liberal base, who will tell you that this is exactly what
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they voted for. They knew this is what they were going to get with Mark Carney. Yes, his campaign
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rhetoric was like the opposite of what is currently going on, but they saw a little twinkle in his eye
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as he was saying that, I'm going to get a trade deal signed with the Americans, and China is our
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biggest national security threat. The twinkle said, I'm actually going to trade more with China and
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constantly antagonize the Americans, making it more difficult to actually get a trade deal signed.
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There are people out there who just live in a giant vat of cognitive dissonance. They will literally
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think that this is exactly what they wanted when it is the opposite of what Carney talked about during
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the last election. But let's be clear, a lot of these people just hate America. I'm a Canadian,
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I'm a patriotic Canadian. I also do not hate the Americans. But so many Liberal Party voters hate the
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Americans, where you can literally replace campaign promises with just hating America more, and they
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will be perfectly happy with it all. But in this video, I want to go over some of the ridiculous,
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delusional stuff that Mark Carney said at the World Economic Forum this year. And then we're going to
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talk about Donald Trump absolutely bulldozing him in his speech that happened the day after.
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I don't know who this is made for. Like, obviously, it's made for the Liberal Party base. But the Liberal
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Party base is not every Liberal Party voter. I see what Carney is doing right now as being a big risk to
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himself. A lot of what I call the business liberals are going to get pretty queasy at the fact that this
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guy no longer cares about his biggest campaign promise to get a trade deal signed, and that he
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may just ride off and, like, start going and working with hostile anti-Western forces simply to thumb his
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nose at Donald Trump, which, by the way, isn't even good for business. EV dumping in Canada is not great
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for business in this country. Yes, we reduce the canola tariff. It really doesn't matter. And I don't
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actually slag people like Saskatchewan Premier Scott Moe for saying nice things about Carney after the
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trade deal was signed. Hey, he's in Saskatchewan. The canola farmers would think he's a jerk if he
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doesn't give Carney some credit on canola. That doesn't mean the actual trade deal with China was
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good. Maybe Scott Moe overstated it a bit, but I'm not going to get too much into that. I just don't
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tend to go after politicians when they say something politically diplomatic. Sometimes you
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just have to do it. But anyways, let's get into these WEF clips in just a second. But before we do
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get into the speeches at the WEF. Now, what Carney did was horrifyingly stupid. Again, there are a lot of
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anti-American voters in the Carney liberal base. Also, it's not good policy to indulge those people
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all the time. In this speech, Mark Carney, I can assure you, is talking about America. Because he's
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definitely not talking about China, or it'd make him a bigger hypocrite than he already is. He is a
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massive hypocrite, but it would be even worse if he was talking about China here. But here is what
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Carney, this is a clip they posted to his own social media, so they thought this was good.
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Mark Carney here says, as great powers abandon rules and values for their own interests,
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middle powers like Canada have a choice, compete with each other for favor or act together with
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impact. So let's watch this just minute and 16 second clip. And then we're going to get to Donald
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Trump putting him through the wall. It seems that every day, we're reminded that we live in an era
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of great power rivalry, that the rules based order is fading, that the strong can do what they can,
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and the weak must suffer what they must. And faced with this logic, there is a strong tendency
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tendency for countries to go along to get along. He literally says like, oh, there's a strong tendency
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for countries to go along to get along. What did you just do in China? I'm just gonna leave it at
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that. What did he just do in China? To accommodate, to avoid trouble, to hope that compliance will buy
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safety. Well, he's saying this, oh, compliance will buy safety. What did you just do in China?
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You used to call them our biggest national security threat. And you are giving the Chinese what they
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want, in hopes that they will then work with you on national security. That sounds like compliance,
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hoping that you're going to be able to get some safety from it, you're going to get some cover.
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I won't. And the question for middle powers like Canada is not whether to adapt to the new reality,
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we must. The question is whether we adapt by simply building higher walls, or whether we can do
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something more ambitious. In a world of great power rivalry, the countries in between have a choice,
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compete with each other for favor, or to combine to create a third path with impact.
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We shouldn't allow the rise of hard power to blind us to the fact that the power of legitimacy,
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integrity, and rules will remain strong, if we choose to wield them together.
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Oh my goodness. I think one of the underrated things about Mark Carney as an annoying political
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figure is how pretentious he is. But he's talking about, oh, we don't want to pick sides to different
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sides of the big powers. We want our own third way. I'm like, well, okay, well, that's maybe something
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that you could have pitched before you went to China and begged Xi Jinping to love you. You could
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have done that before, but now you can't. But again, he's trying to, someone needs to go out there and
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give him the high-mindedness award. Oh, he's so high-minded. He just, he thinks that we need to
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track a third way and stay out of the, out of the, the great power rivalry, except you picked China.
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What is this? And then he went and helped out the, like, he went and talked to the Hamas funding
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Qataris. And you could say the Americans talked to them too. The Americans talked to them a little
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bit different because they have hard power. And if Qatar crosses them and tries to take away the
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military base they have there, they could put Doha into the Stone Age. That's the difference.
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Canada shows up and naively basically partners with the people who let Hamas be hosted in luxury
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apartments in, in, in Doha. That's what we do. We just kind of naively smile and sign agreements to
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like, you know, be friends with them. The Trump administration and even the Biden administration,
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yeah, they'll talk to the Qataris, they'll act friendly, but you don't cross the Americans.
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That's actually the benefit of having hard power. And that's why we should probably want to either be
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more like the Americans or partner closer with the Americans. But now let's get to U.S. President
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Donald Trump putting Mark Carney through the wall because I can be a patriotic Canadian and also
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agree that Mark Carney was a pretentious jerk. Really? You're going to try and slag the United
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States? He was like subtweeting the United States yesterday where he's talking about them without
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actually saying anything without actually naming them. And so Donald Trump does not do such weak
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tactics. He just fully names Canada and Mark Carney here. Here's just a 28 second clip of his moment
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addressing Canada. We're building a golden dome that's going to just by its very nature
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going to be defending Canada. Canada gets a lot of freebies from us, by the way.
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They should be grateful also, but they're not. I watched your prime minister yesterday. He wasn't
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so grateful. They should be grateful to us. Canada. Canada lives because of the United States. Remember
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that, Mark, the next time you make your statements?
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I love that. Remember that, Mark, next time you make your statements.
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It's like I it's so again, what did we buy here? Do we have a better relationship now with the United
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States where they're going to come to the table and talk to us? No. The only way that we're getting
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them to talk to us is like, are we going to join the evil empire of China, Russia, Iran, and like hope
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that Donald Trump reaches out to us and like gives us something to stop doing it? Because even if that was
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our tactic, that sounds to me, you know, immoral, that sounds bad, like we're going to go join the
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country that props up North Korea. We're going to go join the country that was allies with Nicolas
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Maduro, who Donald Trump very, you know, I'm happy he begged that guy. We're going to join them in order
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to bring Trump to the trade negotiating table. And that's only if we think that's what he's doing.
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I think he's just an idiot. I think I think just Mark Carney is just jaded. He's like a he's just
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spiteful of the fact he couldn't get a trade deal signed with Donald Trump. So he's mad. He's going
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to storm off and go talk to Xi Jinping and hope that Xi will give him something that he can hold up
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and show Donald Trump. You see what Xi just gave me? He just took some canola tariffs off and he's
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going to flood my market with cheap EVs. Oh, I bet you're jealous right now. Oh, my goodness. Look at that.
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Look at that. For some reason, for some reason, this thing's not working. He's got to tap it
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sometimes. I'm getting so distracted by this. There you go. Now it's working properly. He's
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got to hit stuff, guys. That's how that's how men get things working. I am not a handyman at all.
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But now we have to move on. I just want to play another clip of Mark Carney here. This was
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peak delusional. So he's gone away from attacking Donald Trump in this clip and the Americans.
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And now he's just trying to, like, pimp out how great he thinks Canada is. And again,
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it's just slathered in hypocrisy here. Canada has what the world wants. We are an energy
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superpower. We hold vast reserves of critical minerals. We have the most educated population
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in the world. Our pension funds are amongst the world's largest and most sophisticated investors.
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In other words, we have capital, talent. We also have a government with immense fiscal
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Okay, I'm going to let him finish here. But what is he talking about? We're an energy
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superpower. Then sign something to get a pipeline built. Cool. We have critical minerals the
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world wants. How about we start mines? Like, the thing is that we have so much environmental
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and First Nations consultation, nothing gets done. There are so many competing interest groups trying
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to prevent Canada from actually developing that it doesn't matter that we're, in theory, an energy
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superpower with lots of critical minerals. We're not providing them to the world. Like, the thing is,
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we would actually not need to rely on America as much in terms of our overall percentage of trade
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if we just produced more. And it's not because we would be going away from the United States. We
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would just be satisfying the market needs of the U.S. And then we would start sending the excess
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out to Asia, out to Europe, out to Africa. And that's how we would do it. But it's like,
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the guy goes to the heat at home. He doesn't actually want to develop. He has tons of excuses.
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Oh, no, we can't do that. Sorry, we can't even get rid of the industrial carbon tax. The world won't
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respect us as much, which is nonsense. Who cares? The world does not give a crap. But he'll say that
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back home. And then he goes to, like, Switzerland, and he's in Davos, and he's, like, pimping out how
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cool he thinks Canada's. Dude, we're an energy superpower. We got all these critical minerals.
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Our pension fund's great. Also, it's not great. But our pension fund's great. We got the most educated
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population. I'm like, well, Mark, why is our per capita income falling? Yes, we have a lot of
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degrees. Why are people poor? Like, dude, can we sort this stuff out before you start attempting
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to brag? Do we get a trade deal with the U.S. before we start trying to brag?
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And we have the values to which many others aspire. We have a recognition of what's happening
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and a determination to act accordingly. But we believe that from the fracture, we can build
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something bigger, better, stronger, more just. That is Canada's path. We choose it openly
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and confidently. And it is a path wide open to any country willing to take it with us.
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Dude, I would always pick a speech by Donald Trump before I'd pick a speech by Mark Carney
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to listen to. Honestly, the funny thing is, Trump will always go on longer than pretty much
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any world leader. He just talks a lot. But it's like, it's not just slathered in pretentious
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like prose and $10 words that he really didn't need to use. Just talk like a person. But Mark
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Carney is always desperately attempting to make himself seem elite in a really stupid way.
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Oh, and by the way, they think that this WFC speech was such a win, they started turning
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it into attack ads against Pierre Polyev. So here is this, this, they thought the WEF thing
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is going to be a big selling point for the liberals. Check this out.
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And that is why I've made it clear that my ministers and my government will be banned
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from participating in the World Economic Forum when I'm in government.
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We're engaging broadly, strategically with open eyes. We actively take on the world as it
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is, not wait around for a world we wish to be. We are calibrating our relationships, so
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their depth reflects our values. And we're prioritizing, we're catalyzing, synthesizing,
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calibrating. It's like, that's why I hate about the words he uses, where we are calibrating.
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Like, dude, just say we're adjusting. We're determining.
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...broad engagement to maximize our influence. And given the fluidity of the world at the
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moment, the risks that this poses, and the stakes for what comes next.
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And so, again, guys, this was something they posted on their own social media, like, a day
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ago. They thought that this was going to be, like, a really good contrast. And so, of course,
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they picked, like, the one moment where Polyev was running for leader, saying he doesn't
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want his ministers going to the WEF. And they used the one where he sounds most awkward at the very
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end. That was, like, a march clip. That was, like, really early into the leadership race that
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Polyev was in. He said that multiple times. So they found the stump speech where he flubbed it a
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little bit at the end. It's like, okay, but I still agree with him. I don't want my ministers
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going to the WEF. I don't want any MPs going to the WEF. You know, Rebel News can show up
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there and kind of mock all the people for being there themselves. We don't need conservative
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MPs to do that. Here's the thing with the World Economic Forum. It's really, because some
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people make it into more than a thing that it really is. Like, it's some sort of world
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international Mason cult or whatever some people talk about it as. No, it's, like, just a bunch of
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pretentious proto-socialists. And you shouldn't want to associate that with them because you
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shouldn't want to be a pretentious proto-socialist. Like, the World Economic Forum is, like, the guy
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who thinks he's really smart. And so he convinces other people to copy his homework and copy his
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answer on the tests when he doesn't know what he's doing. Like, that's the danger of the WEF.
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It convinces stupid politicians that they have all the answers when they do not. And they will then
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implement those stupid, those really, really stupid policies when they get home and ruin the
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economy. Just look at a lot of the things that Justin Trudeau did. Very much took a lot of the
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WF recommendations. And it turns out that they're basically just delivering microwaved fascist
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economics from Italy from the 1920s. And it, in fact, does not make the economy better.
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Anyways, I want to move on to another clip here. Ah, I don't really care about this. I don't need to
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play the thing that Scott Moe said. I addressed it a little bit ago. But we're going to get into this
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video that they put up because they think apparently Mark Carney's really cool here. I'm not playing it
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with the music. Because for some reason, YouTube will, like, destroy my video based on some of the
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music that the liberals play in these videos. Like, a copyright claims it.
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So it's just a video with him just standing there speaking, meeting random technocrats and world
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leaders. If anything, he's leaning into things. He's leaning into a lot of a lot of a bad look for
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himself. He's already the elite international jet setter. And he keeps leaning even more into the
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fact that he is those things. If anything, Carney's the best. And when I say the best, I just mean in
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terms of, like, I'm not a fan of him. But, like, I can say, if I was a liberal advisor, and I was
00:19:40.680
actually trying to help him win, I'd be like, dude, you got to be more down to earth, be less
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pretentious. You know, pimp out the fact that you are able to go to these events less, you know, put on
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a, like, button up shirt without the tie, and walk around and talk to people at a country fair. You know,
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go to a winter sports event. Stop hanging out with people that people already know you hang out.
00:20:04.080
But now I just want to get to this clip from CBC Power and Politics of Ginny Roth making a very
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good point about Mark Carney's travel to China, and why this does, in fact, look quite bad and
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antagonizing the US is not a good thing. What was your thought on it? I know there's a lot of
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criticism that there isn't a deal with the US. I mean, whether it was Prime Minister Paliyev,
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Prime Minister Singh, Prime Minister May, I don't know if it's the Canadian Prime Minister's fault or the
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President of the United States fault in that particular case, because Europe thought they had a deal
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and they were threatened and here we are. I mean, what do you make of what Mark Carney said
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yesterday and where things kind of stand on that? I mean, I think the extent to which the
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Prime Minister's, like, style and syntax and look and feel resonated as strong leadership speaks to
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the level of leadership we had become accustomed to in this country. And I will grant that I think
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he rose above that level. And he appeared sort of sophisticated and suited to the moment and that
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sort of thing. But it's interesting, like, Anne's reaction is really interesting to me, because I
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think there are other people who read the speech as a really pragmatic take, where actually we'd have
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to compromise and we wouldn't be able to stand up and be so values and principles based because we're
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in this new world order. He, in a way, I think that that reveals how sort of unclear it was. It was on
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the one hand, we need to be more pragmatic. On the other hand, we need to stand up to these forces.
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From my perspective, he acknowledged a truth about the world that some of us have been talking about
00:21:27.420
for a few years now. So like that part's obvious. And then the bigger problem for me was the pivot to
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Canada and what we're doing. And I thought that was honestly a wild exaggeration and just not at
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all true. Like this idea that we've removed interprovincial trade barriers, we have not.
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This idea that we've invested in the military, we have not. There's not even appropriated funds,
00:21:46.060
the loan spent funds to get defence spending to where it needs to be. The idea that we're getting
00:21:49.900
natural resources to market, that we're driving billions in investment. None of this is true.
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It's all talk. And so, you know, if he wants to set that bar for himself, great. And Canadians are
00:22:00.560
patient. They like what they're hearing from a style perspective. But eventually he's going to get
00:22:05.140
off a plane in Ottawa and Canadians are going to start to say like, okay, now what? When does the
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And one of the big things that happened, and I agree with Ginny Roth there, is that all this feels fake.
00:22:16.680
Like, even if you like the rhetoric, even if you like the rhetoric from Mark Carney and Ginny Roth,
00:22:23.260
I believe, is a little bit more of a red Tory. I know some people say red Tories are a very
00:22:27.560
particular thing. I guess blue liberal. She's a little bit more of a blue liberal. But even then,
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she can even say, I can generally like the things that Mark Carney is saying, but all of it's also
00:22:37.100
fake at the same time. Like the rhetoric's good, but it's not lining up well. And here, I want to
00:22:42.760
go to a post by Pierre Polyev during all this, because it highlights the reality of the situation
00:22:49.620
that Mark Carney is in. Politics is, in fact, not speeches at the World Economic Forum. Politics
00:22:55.620
is going to be, what is the price of the gas pump? It's going to be, what is food inflation right now?
00:23:02.880
So right here, we have the leader of the Conservative Party, Pierre Polyev saying,
00:23:06.660
I'll just line this up a little bit better for myself. Meet the new liberal carbon tax a lot like
00:23:13.660
the old liberal carbon tax. Liberals hiked their hidden carbon tax again, up 7 cents a liter this
00:23:19.160
year, and headed to 17 cents a liter by 2030. That means a higher gas, that means higher gas prices
00:23:25.280
and higher grocery prices. I will scrap it so you can afford food, fuel, and energy. And the hidden
00:23:31.140
carbon tax, I believe they might be talking about either the, it could be either the industrial
00:23:37.480
carbon tax, which is true, they are doubling that. But then we also do have the clean fuel standard,
00:23:42.740
which I'm not actually sure if he's brought in yet, but that will also raise fuel prices.
00:23:46.840
But he's trying to, like Carney and the liberals are trying to get away with the idea that they're
00:23:51.120
somehow, you know, they're not pushing the carbon tax because they got rid of the one that was
00:23:57.220
called the carbon tax, at least the consumer one. But if you add other taxes that do apply to fuel,
00:24:03.700
you've brought it back with a different name. At the end of the day, the problem with the carbon tax
00:24:08.000
was not that it was a carbon tax, the fact it was a tax, and we need less tax. And so I hope in all
00:24:15.680
this, and here's Polyev now going at them for food inflation, he says, Mark Carney's hidden liberal
00:24:21.560
grocery taxes, keep driving up costs on your food. Every tax on farmers, fuel, fertilizer, and transport
00:24:27.200
shows up the grocery store checkout. Conservatives will take all the tax off groceries to bring down
00:24:31.820
prices and make food more affordable for Canadians. And he's showing the overall inflation from just
00:24:37.880
December 2024 to December 2025. We had roast and ground coffee up 41%, infant formula 6.2%, beef 16%,
00:24:48.880
17% rounding up, chicken 6.5%, oranges 15%, apples 10%, lettuce 12.8%, carrots 10.4%. Overall, we had
00:25:00.120
food go up in terms of inflation. The food inflation was around 6.1%, which is obviously not, you know,
00:25:09.820
a great affordability track record for Carney so far. And you could say, well, he's only been prime
00:25:15.700
minister for almost like less than half a year. If you just cut taxes heavily, all these prices not
00:25:21.240
only would be stabilizing, they'd actually be going down. You can actually not only fight back
00:25:27.180
against the rise inflation, you can deflate the economy if you lower taxes enough. If you just give
00:25:33.440
people more of their own money back, it will work. It's just how it works. It's how life works.
00:25:39.500
The less things cost to operate, the lower the price can be in order to turn a profit.
00:25:45.760
You'll actually lower the prices enough, the grocery stores can start competing with each other
00:25:49.820
on lower prices rather than not raising them as much as the other guys. That's the issue that we're
00:25:55.580
in. So what I do hope that the conservatives do right now, there's a lot of things that they could
00:26:00.380
run on in order to beat Carney and the liberals. They should run on the danger of cozying up with the
00:26:06.200
CCP, the electric vehicle dumping in Ontario that's going to hurt all of the automakers out there.
00:26:12.860
And again, I'm not somebody who likes subsidies. I'm not somebody who likes restricting trade just
00:26:18.740
because they could outcompete us. The difference is with China, they're just dumping old EVs onto
00:26:24.400
our markets. They're just dumping ones because they're a massive country and the small amount of
00:26:28.840
leftovers they have can easily overwhelm a smaller country. And they're not doing it for good reason.
00:26:34.140
It's not because they simply want to send cars out somewhere. They want to overwhelm an economy to
00:26:39.140
then dominate that economy. And I think that we shouldn't trade as much with hostile foreign
00:26:43.080
powers. But the main thing the conservatives need to run on is massive reform, massive tax reform,
00:26:50.880
massive regulatory reform, massive administrative spending reform. I think on taxes, just as an easy
00:26:58.800
one, and I've told Polyev's team very directly about this, and I hope they follow through with it.
00:27:03.400
You cannot run on a two and a quarter percent tax cut underneath, or is it two and a half? I think
00:27:10.340
it was just two and a quarter. You can't run on a two and a quarter percent tax cut under $50,000.
00:27:16.160
People don't even pay any taxes on the first $18,000 of income. So what you need to be doing,
00:27:22.300
you run on a 20% cut, which it will be a specific smaller rate cut depending on what bracket it's in.
00:27:29.120
But take an overall, take the amount of tax people pay in every single bracket, including corporate,
00:27:35.460
including the GST, and lower it by 20%. GST goes from 5% to 4%. High income earners also are saving
00:27:44.940
not only thousands, but tens of thousands of dollars, which they will reinvest in the economy.
00:27:50.500
And that's what you need. It needs to be transformational reform. If you're running on
00:27:55.560
a policy that's just tinkering around the corners, stop. It has to be transformational or do not
00:28:02.000
bother running on it because people don't even hear you said anything. Sometimes you still have
00:28:06.680
to run on some niche policies. Some niche policies help, but for the people that it matters to,
00:28:12.500
it really has to matter too. So when they were saying that they were going to change the fishing
00:28:16.960
quotas to save all these fishing towns that are being crushed by low thresholds of what they can catch,
00:28:22.560
at the same time the seal hunt was banned and the seals are decimating the close to shore fish stocks,
00:28:29.820
that was when Polyev ran on increasing the quota at the same time bringing back the seal hunt.
00:28:34.960
He won two more ridings in Newfoundland. So niche policies can still be good, but those it matters
00:28:40.020
to, it really needs to be transformational to. You run on a transformational platform or you don't run
00:28:45.400
on anything at all. But anyways, with that all being said, I did enjoy seeing Donald Trump put
00:28:51.580
Carney in his place there. I'm wondering if Carney is going to actually try and reach out to the
00:28:56.180
Americans because apparently at the WEF, he avoided Donald Trump and he refused to meet with him and
00:29:01.420
then he jetted out of town, probably because he's put Canada in a very awkward position right now.
00:29:06.540
And how does he even get into the same room as Donald Trump without having to apologize at this
00:29:10.520
point? Is Donald Trump easy to work with? No, I disagree with his Greenland thing he's doing right
00:29:15.780
now and I think he's going to drop it eventually. It's silly. I really liked what he did with
00:29:20.160
Nicolas Maduro. I can like and dislike things that Donald Trump did. But right now, what a lot of
00:29:25.940
Canada has done is not justifiable and obviously he's going to have to apologize to Trump before
00:29:31.180
actually negotiating more. He's actually probably going to have to cut off China in order to make a
00:29:36.540
deal with the Americans because America's currently trying to out-compete
00:29:39.400
China. It's all just so silly. But anyways, with that all being said, thank you guys for
00:29:46.440
watching. Like, share, subscribe, leave a comment, and of course consider joining the YouTube membership
00:29:53.120
for the channel at the join button below. You can help sustain the channel, make me less reliant on
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the YouTube algorithm, and allow me to do videos that I know may not get the most views but might be
00:30:03.840
more interesting for you guys as subscribers. But anyways, with that all being said, thank you
00:30:08.760
guys for watching, and I will see you all later.