The National Telegraph - Wyatt Claypool - November 11, 2025


Liberal Infighting: Liberal MP attacks Mark Carney's budget!


Episode Stats


Length

20 minutes

Words per minute

188.84381

Word count

3,926

Sentence count

194

Harmful content

Misogyny

3

sentences flagged

Hate speech

5

sentences flagged


Summary

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

In a piece of news that is both surprising and completely unsurprising, Prime Minister Mark Carney's first budget has been attacked by a Liberal MP. That MP is Nate Erskine-Smith, who if you have a bit of background on him, you will know that he has a deep hatred for Mark Carney. He was one of those Liberal MPs who announced at one point last year that he wasn't going to run for re-election. And now he is back to be vocal once again and talk about the good, the bad, and the ugly inside of the budget.

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.
00:00:02.740 In a piece of news that is both surprising and completely unsurprising,
00:00:07.320 Prime Minister Mark Carney's first budget has been attacked by a Liberal MP.
00:00:13.180 That Liberal MP is Nate Erskine-Smith, who if you have a bit of background on,
00:00:18.520 you will know that he has a deep hatred for Mark Carney.
00:00:22.660 He was one of these Liberal MPs who announced at one point last year
00:00:26.740 that he wasn't going to run for re-election.
00:00:28.720 He could see the writing on the wall.
00:00:30.560 Everyone hated Justin Trudeau.
00:00:32.340 And so he was probably going to duck out of federal politics
00:00:34.780 and maybe pursue Ontario provincial politics.
00:00:38.480 But then Carney became the Prime Minister.
00:00:41.320 And he promised Nate Erskine-Smith that if he ran for the Liberals again,
00:00:45.360 he could be the Housing Minister.
00:00:47.680 And technically Carney did make good on that
00:00:49.940 because he made Erskine-Smith the Housing Minister for three weeks.
00:00:53.920 He was the Housing Minister of effectively Carney's rump parliament
00:00:58.600 before the federal election.
00:01:00.820 And after the federal election,
00:01:02.660 not only was Nate Erskine-Smith not the Housing Minister,
00:01:06.040 he was no minister.
00:01:07.820 And the biggest insult of all,
00:01:09.880 he was replaced by Gregor Robertson,
00:01:12.100 the former mayor of Vancouver,
00:01:13.940 who shouldn't be nowhere near housing.
00:01:16.460 So Carney found it preferable to make the guy who touches things
00:01:20.480 and they set on fire the Housing Minister
00:01:22.620 instead of Erskine-Smith.
00:01:24.680 And it's probably because although Carney himself is pretty left-wing,
00:01:29.460 I think he's not really that kind of hyper-progressive leftist
00:01:33.560 like Erskine-Smith is.
00:01:35.460 Yes, Carney is very progressive,
00:01:37.840 but in terms of his temperament and attitude
00:01:39.780 and his need for everyone to wear ties at work,
00:01:42.900 he doesn't really seem to get along with Nate.
00:01:45.280 And Nate, since he was basically pushed into the backbench,
00:01:48.740 has a deep hatred for Carney
00:01:50.540 and has been chirping at him from there for quite a while.
00:01:53.900 You will remember at the flight attendant strike from Air Canada,
00:01:57.180 Erskine-Smith was one of the liberals who came out
00:01:59.400 to basically say that the government
00:02:01.080 was completely messing up worker relations
00:02:03.840 and that we should have been trying to actually,
00:02:06.380 you know, work with these people, negotiate,
00:02:08.760 and you don't throw people under the bus.
00:02:10.700 He was pretty vocal.
00:02:12.340 And now he is back to be vocal once again
00:02:15.260 and talk about the good, the bad, and the ugly
00:02:18.340 inside of Carney's budget.
00:02:20.540 And what's funny is when you look at the runtime
00:02:22.500 of this video, and we will be getting to it in a second,
00:02:25.400 the video is 4 minutes and 10 seconds.
00:02:27.880 And he talks about good stuff
00:02:29.620 for about maybe the first minute and 10 seconds
00:02:32.520 if you even include the lead-up.
00:02:34.220 If you just remove the neutral lead-up,
00:02:36.900 he maybe gives the budget compliments
00:02:38.700 for approximately 20 seconds
00:02:40.880 and then starts talking about things he finds bad and ugly.
00:02:44.960 But we will be getting into that in just a second here.
00:02:47.980 But before we do, I just want to remind you guys,
00:02:50.160 if you like the video, please scroll down and hit the like button.
00:02:54.500 Subscribe to the channel if you are not yet a subscriber.
00:02:57.360 Try and help me get to 100,000 subscribers.
00:03:00.440 And of course, leave a comment on what you think
00:03:03.100 about the situation in the comment section below.
00:03:06.300 But let's get to Nate Erskine-Smith,
00:03:08.140 who, in a certain sense, if I ever became an MP,
00:03:10.880 I'd kind of be a little bit like Nate
00:03:12.340 because I would just continue hosting a podcast
00:03:14.720 whether I was in office or not in office.
00:03:17.520 Nate hosts this podcast he puts on himself called Uncommons.
00:03:22.220 And he's, you know, pretty outspoken.
00:03:24.480 The thing is that I don't really attribute
00:03:27.460 why he made this video to being a guy
00:03:30.560 who just likes open discourse and likes honesty.
00:03:33.260 As much as Nate Erskine-Smith likes to cast himself
00:03:37.300 as, you know, the everyman who always speaks truth to power
00:03:40.700 and speaks his mind, it's very selective.
00:03:43.460 I find him to be a very cynical figure in reality.
00:03:46.660 And I think what he's trying to do is take jabs at Mark Carney
00:03:49.980 to prove his progressive bona fides
00:03:51.820 before he potentially resigns his seat
00:03:54.540 because that's a rumor that's going around too.
00:03:56.440 People like himself and Christia Freeland
00:04:00.440 might end up leaving Parliament in the next year here.
00:04:02.800 And I think he might try and go and take Bonnie Crombie's old job
00:04:06.840 as the Ontario Liberal Party leader,
00:04:09.120 which is actually something he fought her over the first time.
00:04:12.480 He came decently close to winning,
00:04:14.360 but fell short and just kept his job in federal politics.
00:04:17.980 But it looks like he may now jump over
00:04:20.340 to the Ontario Liberal Party again
00:04:22.660 now that it looks like the coast is clear to do that.
00:04:25.600 And now on his way out, he's slagging Prime Minister Carney.
00:04:29.080 From that, but here's a rundown of what I see
00:04:31.080 as the good, the bad, and the ugly from Budget 2025.
00:04:34.640 Let's start with the good.
00:04:36.480 In the face of threats,
00:04:37.240 the government is rightly prioritizing actions
00:04:39.480 to secure our sovereignty.
00:04:40.640 That includes support for businesses and workers
00:04:42.900 affected by tariffs,
00:04:44.160 a Buy Canada procurement policy,
00:04:46.040 significant new infrastructure spending,
00:04:48.160 and a huge commitment,
00:04:49.140 a huge commitment to the Canadian forces.
00:04:51.800 There are also smart, forward-looking ideas
00:04:53.940 like the Sovereign Fund for Critical Minerals,
00:04:56.020 taking a lesson from Norway.
00:04:57.560 And there are new dollars for innovation
00:04:59.180 and to attract talent and research from the US,
00:05:01.640 whose administration seems intent
00:05:02.980 to run intelligence out of its country.
00:05:04.600 I don't know what he means by that.
00:05:06.920 But a lot of the things he's praising
00:05:08.140 is just program spending, effectively.
00:05:10.700 We're going to spend a lot of money
00:05:11.960 trying to create shovel-ready jobs and whatnot,
00:05:14.360 a lot of infrastructure.
00:05:15.420 There are some green energy spending in there and whatnot.
00:05:18.040 But we're pretty much at the end of his praise.
00:05:21.020 And I basically had to run this up
00:05:22.520 to the first 10 seconds,
00:05:23.560 because before, in the first 10 seconds,
00:05:24.920 he's just introducing himself
00:05:27.000 and saying nothing particular.
00:05:29.300 Within 35 seconds,
00:05:30.460 he's pretty much done basically saying anything good
00:05:32.420 about his own party's budget.
00:05:34.660 There are also useful actions
00:05:35.780 to respond to rising youth unemployment,
00:05:38.220 to support PSWs,
00:05:39.720 to protect the Canada disability benefit
00:05:41.360 from taxation, and more.
00:05:43.400 There's lots to like in many ways.
00:05:44.940 And more generally,
00:05:45.900 I welcome the focus on productivity,
00:05:47.840 both to drive economic growth in the private sector
00:05:50.040 and to get the most out of public services.
00:05:52.560 Although, yes, care is required
00:05:53.920 to ensure those efforts don't go sideways.
00:05:56.340 Now to the bad,
00:05:57.580 or more fairly,
00:05:58.860 where expectations were set
00:06:00.040 at a level that we failed to meet,
00:06:01.580 including on the question
00:06:03.280 of generational investments.
00:06:04.980 You can already see
00:06:05.900 that this is going to be used
00:06:07.280 for a conservative attack ad.
00:06:09.220 And Erskine Smith knows this.
00:06:10.680 Again, this man does not like Carney.
00:06:13.240 And I think he is willing
00:06:14.140 to throw some barbs out there 1.00
00:06:15.620 that are going to hurt him.
00:06:17.080 Because I think that he sees his future
00:06:18.960 in Ontario liberal politics provincially.
00:06:21.800 And so I think he actually would like
00:06:23.220 to see Mark Carney
00:06:24.040 go down to flaming defeat
00:06:25.620 because he was unwilling to listen
00:06:27.460 to the expert of everything
00:06:29.460 that is Nate Erskine Smith.
00:06:31.820 First, stalled climate action.
00:06:34.060 I don't want to be too dismissive here
00:06:35.200 as the Canadian Climate Institute
00:06:36.340 rightly highlighted the importance
00:06:37.760 of a strengthened industrial carbon price.
00:06:39.780 But apart from that promise,
00:06:40.800 there was nothing new.
00:06:42.200 Yes, we are moving forward
00:06:43.380 with strong methane rules
00:06:44.480 and clean investment tax credits.
00:06:46.140 And these are key pieces.
00:06:48.120 But we are also cutting tree planting,
00:06:49.820 moving away from an emissions gap.
00:06:51.900 We're cutting tree planting.
00:06:53.460 The liberals never planted a tree.
00:06:55.320 They're just admitting
00:06:56.120 that the tree planting program
00:06:57.420 was stupid and scrapping it. 0.95
00:06:59.280 But what you'll get here
00:07:00.760 is that he is criticizing Carney
00:07:03.020 from the liberals' progressive left.
00:07:05.660 Because every party has a left flank
00:07:07.540 and a right flank.
00:07:08.760 Even the NDP, even the Greens
00:07:10.640 have more conservative wings
00:07:12.360 and more left-wing wings.
00:07:14.540 Inside the liberal party,
00:07:16.200 remember, to get into government,
00:07:18.320 they relied on a lot of both NDP
00:07:20.620 and conservative liberal switch voters,
00:07:22.880 people who had previously voted
00:07:24.080 for one of those parties,
00:07:25.240 but were willing to cast a ballot
00:07:26.960 for the liberals.
00:07:27.940 The budget seems perfectly calculated
00:07:29.920 to tick off those two planks of the party
00:07:33.320 because the people who maybe switched
00:07:35.140 from voting conservative
00:07:35.980 or were more conservative-tempered voters
00:07:38.800 who voted for the liberals
00:07:40.120 in the last election,
00:07:41.240 they're going to be mad
00:07:42.000 about just all of the spending
00:07:43.460 in the budget.
00:07:44.400 How it's just not a deviation
00:07:46.040 from the way that Justin Trudeau
00:07:47.820 did government budgets.
00:07:49.820 It's just a lot of money
00:07:51.240 being sprayed around the economy,
00:07:53.000 hoping that it's going to try,
00:07:54.600 it's going to like invest us
00:07:55.860 into the future.
00:07:56.940 We're just lighting money on fire
00:07:59.140 and putting money
00:08:00.240 into bloated national projects.
00:08:02.160 It's not actually going to be good
00:08:04.220 in the long run
00:08:05.020 compared to just cutting tax
00:08:06.380 and letting people do what they want.
00:08:08.180 So that's why that wing of voters
00:08:10.100 is ticked off.
00:08:11.140 And if you take like the 43% 0.98
00:08:13.180 of liberal voters,
00:08:14.360 I would say that probably about 7%
00:08:17.140 on the right flank
00:08:18.140 are a little uneasy about the budget.
00:08:20.660 It doesn't mean they're all going to vote
00:08:22.240 conservative next time,
00:08:23.460 but 7 out of those 43 voters
00:08:26.120 are probably the types
00:08:27.180 who were looking for
00:08:28.100 way more fiscal responsibility.
00:08:30.220 But Erskine-Smith probably represents
00:08:31.900 the other 7,
00:08:33.400 the other maybe even 10%
00:08:34.860 on the left side of the liberal party
00:08:36.840 who actually could go and vote NDP
00:08:39.280 if they're not impressed
00:08:40.260 with what's in the budget.
00:08:41.620 And he's basically saying
00:08:43.000 it's not progressive enough,
00:08:44.560 and then he's going to go into
00:08:45.880 how it's going to be
00:08:46.700 cutting jobs and whatnot.
00:08:47.920 And that is why,
00:08:49.780 that's probably what the NDP
00:08:50.980 is going to be running on
00:08:52.040 in the next election.
00:08:53.240 The idea that the liberals
00:08:54.340 were pursuing too much austerity,
00:08:57.280 meaning that, you know,
00:08:58.140 they're cutting too much,
00:08:59.160 you know, operational spending
00:09:00.900 and too many public sector employees
00:09:02.420 are being thrown under the bus.
00:09:04.040 The funny thing is that
00:09:05.040 the budget's extremely irresponsible
00:09:06.840 in its spending,
00:09:07.800 even with the cost-saving measures.
00:09:10.120 But Carney, again,
00:09:11.580 has made a fiscally irresponsible budget
00:09:13.760 that also ticks off
00:09:15.260 the public sector unions
00:09:16.480 and the green progressives
00:09:18.180 like Nate Erskine-Smith.
00:09:19.760 Winding down greener homes
00:09:21.100 and the budget offers
00:09:22.260 no new money for climate action.
00:09:25.260 On housing,
00:09:26.120 we've got the beginnings
00:09:27.060 of Build Canada Homes.
00:09:28.720 You can feel the seething contempt
00:09:31.300 from Erskine-Smith on this issue
00:09:34.160 because he should have been
00:09:35.220 the guy in charge of housing.
00:09:37.300 A tax cut for new homebuyers
00:09:38.800 and some dollars
00:09:39.540 for housing-enabling infrastructure
00:09:41.200 that are important,
00:09:42.340 but unfortunately very unlikely
00:09:43.640 to move the needle on development charges
00:09:45.180 to a degree we would like.
00:09:47.040 It falls short of these specific promises
00:09:48.840 in our platform
00:09:49.680 and it unfortunately falls well short,
00:09:52.340 well short of the wartime effort
00:09:53.880 that many of us thought we'd deliver.
00:09:56.220 Now, the fiscal frame of
00:09:57.340 spend less to invest more
00:09:58.380 is actually one that I like.
00:10:00.040 Operational books generally imbalance
00:10:11.060 and a capital deficit spending
00:10:12.680 more easily justified.
00:10:14.200 But the budget adds $140 billion
00:10:16.720 in new spending over five years,
00:10:18.460 $90 billion net after savings,
00:10:20.260 and only 36% of the net new spending
00:10:22.240 is capital.
00:10:23.520 Related, there is a lot of deficit financing here
00:10:25.700 to cover non-capital new spending.
00:10:27.640 Yes, honoring our initial 2% commitment
00:10:29.540 to NATO made sense,
00:10:30.500 and a middle-class tax cut
00:10:31.580 was a platform promise.
00:10:32.880 But these are far and away
00:10:34.080 the two largest financial commitments.
00:10:36.340 This is where he's also showing
00:10:38.180 how left-wing he is.
00:10:39.120 The spending he is having
00:10:40.840 the biggest problem with
00:10:42.000 is defense spending and tax cuts.
00:10:44.920 And the tax cuts
00:10:45.680 aren't even really a tax cut.
00:10:47.240 It's nothing.
00:10:48.580 The fact that the tax cut
00:10:49.920 only cost the government $27 billion
00:10:52.440 should tell you something
00:10:54.540 about how minor it was.
00:10:56.640 In terms of the total deficit,
00:10:58.780 $70 billion,
00:11:00.440 a very small portion of it
00:11:02.360 is going to paying
00:11:03.300 to give people back their own money.
00:11:06.040 But I'll let Nate keep it talking.
00:11:07.620 But the funny thing about all this
00:11:08.880 is he's criticizing
00:11:10.100 the amount of spending too,
00:11:11.460 which, let's be clear,
00:11:12.460 if Nate Erskine-Smith
00:11:13.300 was the housing minister,
00:11:14.300 he would have probably
00:11:14.820 blown even more money.
00:11:16.540 But, again,
00:11:17.800 part of the goal of this video
00:11:19.040 is no doubt
00:11:19.680 just to slag Mark Carney
00:11:20.940 on his way out of government
00:11:22.080 because no chance
00:11:23.660 Nate Erskine-Smith
00:11:24.460 runs again for this party.
00:11:25.960 They are non-capital
00:11:26.800 and they should be paid for.
00:11:28.680 My kids shouldn't pay 0.99
00:11:29.720 for today's military
00:11:30.540 or for me to save $400
00:11:32.160 of income taxes.
00:11:33.860 And much-needed OAS reform.
00:11:35.340 And even right there,
00:11:36.760 he just admitted
00:11:37.400 that the tax cut,
00:11:39.040 on average,
00:11:39.700 is only giving people $400 back
00:11:41.500 because the liberals
00:11:42.520 did this stupid thing 0.74
00:11:43.500 where they're like,
00:11:44.180 oh, on a household level,
00:11:46.300 if both people
00:11:47.480 only make up to $50,000,
00:11:49.540 you're saving up to, like,
00:11:50.920 $800 or $750.
00:11:53.320 They, like,
00:11:54.040 really stretched
00:11:55.160 how much money
00:11:56.320 was going to be
00:11:57.480 given back to people
00:11:58.520 by creating this, like,
00:11:59.920 scenario where we're
00:12:00.820 talking about it
00:12:01.480 from a household level.
00:12:02.480 If both people
00:12:03.760 are basically making
00:12:05.500 the bare minimum
00:12:06.260 to be able to qualify for it,
00:12:07.720 they're not making
00:12:08.380 more than $100,000 a year.
00:12:10.200 They did their best
00:12:12.840 to make it look like
00:12:13.500 they're giving you
00:12:13.900 a lot of money back.
00:12:14.980 And Erskine-Smith basically says,
00:12:16.340 yeah, we're giving you $400.
00:12:17.540 So, like, nothing.
00:12:19.000 I do like the honesty there.
00:12:21.080 The largest non-capital
00:12:22.600 growing expenditure,
00:12:23.760 it still isn't part
00:12:24.780 of our political conversation.
00:12:26.840 Now, the ugly.
00:12:27.960 And there isn't a lot
00:12:29.000 that falls in this category,
00:12:30.300 thankfully.
00:12:31.080 First, we see the budget
00:12:32.000 commit to a new,
00:12:32.920 inefficient fossil fuel subsidy
00:12:34.280 for LNG facilities.
00:12:35.920 Look, if there's a business case
00:12:36.840 for LNG,
00:12:37.480 there is a business case.
00:12:38.560 We do not need more public dollars
00:12:40.180 chasing fossil fuels.
00:12:42.640 There's a business case.
00:12:43.940 The problem is
00:12:44.460 the government regulations
00:12:45.840 on top of it.
00:12:47.140 And Nate Erskine-Smith
00:12:48.320 is one of these people
00:12:49.000 who talks out
00:12:49.620 both sides of his face.
00:12:50.940 He keeps talking about,
00:12:51.900 well, if the private sector
00:12:52.840 wants it,
00:12:53.560 then they can fund it themselves.
00:12:55.060 But at the same time,
00:12:56.280 he's cheering on
00:12:57.340 raising industrial carbon taxes.
00:12:59.400 He thinks that there's
00:13:00.000 not enough climate action
00:13:01.140 in the budget.
00:13:02.080 He opposes the Conservatives
00:13:03.480 wanting to get rid
00:13:05.320 of regulations
00:13:05.980 that are stifling
00:13:07.080 fossil fuel development.
00:13:08.420 You can keep saying that,
00:13:09.300 oh, I'm a believer
00:13:09.920 in the free market.
00:13:10.800 If the private sector
00:13:12.700 wants it,
00:13:13.180 we can have it,
00:13:13.860 but I'm not putting
00:13:14.620 any public dollars towards it.
00:13:16.120 Well, yeah,
00:13:17.100 he can say that,
00:13:17.860 but he's being dishonest 0.60
00:13:19.040 because he's the one
00:13:20.140 making it so expensive
00:13:21.040 that the private sector
00:13:21.860 won't do it.
00:13:22.800 While at the same time,
00:13:23.580 he's like,
00:13:23.780 oh, that's just how
00:13:24.400 the free market works.
00:13:25.320 Like, no,
00:13:25.700 that's how killing
00:13:26.820 a project
00:13:27.680 from the governmental
00:13:28.400 side works.
00:13:29.960 Worse,
00:13:30.400 we see major cuts.
00:13:31.740 Major cuts of over
00:13:32.460 two and a half billion
00:13:33.280 over four years
00:13:34.100 to international
00:13:34.780 development assistance.
00:13:36.200 Real Keir Starmer energy
00:13:37.560 that unfortunately
00:13:38.320 caters to a prevailing,
00:13:39.940 albeit short-sighted,
00:13:40.820 current view
00:13:41.320 among wealthy donor countries.
00:13:43.400 A Pearsonian budget,
00:13:44.520 this is not.
00:13:45.440 Now, I know that's,
00:13:47.320 again,
00:13:47.860 that's another tell
00:13:48.880 of just how radically
00:13:50.440 left-wing this guy is.
00:13:51.760 He's upset
00:13:52.360 that the amount
00:13:53.180 of foreign aid spending
00:13:54.400 is going down,
00:13:55.920 that he actually attacked
00:13:57.700 Keir Starmer,
00:13:59.000 the Labour prime minister
00:14:00.400 of the UK,
00:14:01.460 basically casting him
00:14:02.820 as too right-wing
00:14:04.320 because this guy
00:14:05.520 is like a Jeremy Corbyn,
00:14:07.840 Bernie Sanders
00:14:08.800 type of a liberal.
00:14:09.860 These are not easy times
00:14:11.100 and a budget process
00:14:11.920 involves tough choices.
00:14:13.020 Of course it does.
00:14:13.920 It's also only a first budget.
00:14:15.120 It can't be expected
00:14:16.140 to solve all problems
00:14:17.200 and the devil will be
00:14:18.380 in the details
00:14:18.980 of implementation
00:14:19.620 in many cases
00:14:20.520 as it always is
00:14:21.340 from infrastructure
00:14:22.340 and housing
00:14:22.820 to innovation spending
00:14:23.880 to the industrial carbon price
00:14:25.320 to finding efficiencies
00:14:26.620 in government
00:14:27.060 in a manner that is fair
00:14:28.140 and effective.
00:14:29.640 Overall,
00:14:30.160 the budget meets
00:14:30.800 the moment in part
00:14:32.020 on questions of sovereignty
00:14:33.400 and the focus
00:14:34.160 on spurring economic growth
00:14:35.480 at home.
00:14:36.480 And look,
00:14:36.720 it's certainly not.
00:14:38.060 I'm just going to leave it there.
00:14:39.480 What does he mean by like,
00:14:40.240 oh, it's going to,
00:14:40.800 it's going to,
00:14:41.380 it's going to spur
00:14:42.040 economic growth at home.
00:14:43.560 We've been doing this
00:14:44.620 for nine previous
00:14:46.380 liberal budgets.
00:14:47.580 What do you mean
00:14:48.020 spurring growth at home?
00:14:49.780 Every single budget
00:14:50.940 that Justin Trudeau put out
00:14:52.340 was just throwing
00:14:53.340 a pile of money
00:14:54.240 into a giant fan
00:14:55.440 and hoping that it was
00:14:56.660 just going to fly
00:14:57.440 around the economy
00:14:58.460 and it was going
00:14:59.240 to just grow things.
00:15:00.760 It's like the,
00:15:01.780 the farming equivalent
00:15:03.120 of someone just going back
00:15:04.600 in medieval times
00:15:05.480 and just grabbing
00:15:06.040 a bunch of seeds
00:15:06.640 out of a bag
00:15:07.100 and just tossing it.
00:15:07.960 Like we do better
00:15:09.420 these days
00:15:09.980 without kind of
00:15:11.240 hackneyed methods
00:15:12.240 like that.
00:15:12.840 Just let the private sector
00:15:13.940 grow and just like
00:15:15.520 grow on their own.
00:15:16.540 Just get out of their way.
00:15:17.520 But Nate Erskine-Smith
00:15:18.740 comes from
00:15:19.540 the left wing perspective
00:15:20.980 that this budget,
00:15:22.440 you know,
00:15:22.740 might not fix problems
00:15:23.720 this time,
00:15:24.380 but the right budget
00:15:25.240 can fix problems.
00:15:26.380 The right budget,
00:15:27.280 there's no such thing
00:15:28.120 as the budget
00:15:28.700 that will fix problems.
00:15:29.840 The budget that will fix problems
00:15:31.440 has way less spending
00:15:33.120 in it
00:15:33.420 because a good budget
00:15:35.000 knows that the budget
00:15:36.320 is not going to solve
00:15:37.060 the problems.
00:15:37.880 People are going to solve
00:15:38.840 their own problems
00:15:39.700 and you better just
00:15:40.820 get out of their way.
00:15:41.980 Get out of industry's way.
00:15:43.680 Get out of the way
00:15:44.240 of large and small businesses.
00:15:46.480 Get out of the way
00:15:47.160 of farmers.
00:15:48.080 Let them do their own thing.
00:15:50.020 But again,
00:15:50.700 Erskine-Smith
00:15:51.360 is an economic meddler
00:15:52.780 who thinks that
00:15:53.740 it's the government's job
00:15:54.660 to pick winners and losers
00:15:55.840 and to grow the economy
00:15:57.520 from his idealized perspective
00:15:59.840 of having,
00:16:00.700 you know,
00:16:01.140 green energy
00:16:01.820 be the thing
00:16:03.300 that drives us
00:16:04.120 into the future
00:16:04.700 and that we're going
00:16:05.440 to do away
00:16:06.120 with fossil fuels
00:16:07.020 who are going
00:16:07.780 to basically unionize
00:16:09.300 the entire labor force
00:16:10.520 and stuff like that.
00:16:11.740 He's kind of a nut.
00:16:13.120 But I do find
00:16:14.480 this very telling,
00:16:15.520 again,
00:16:15.900 about the budget
00:16:17.160 that this is something
00:16:18.400 that he's being attacked over,
00:16:19.980 that the liberals
00:16:21.000 are being attacked
00:16:22.080 from their left flank
00:16:23.820 of their own party.
00:16:25.820 But now I want to get
00:16:26.720 to the reaction
00:16:27.380 that the CBC
00:16:28.180 actually had to this.
00:16:29.300 They did mention this
00:16:30.380 on their panel
00:16:31.140 just a couple of hours ago.
00:16:32.860 Kate,
00:16:33.120 I see you nodding along.
00:16:34.220 Is Nate Erskine-Smith
00:16:34.880 United,
00:16:35.200 the New Democrat
00:16:35.840 and the Conservatives
00:16:36.600 in a similar view point
00:16:37.840 on this?
00:16:38.220 Is that what's happening here?
00:16:41.660 Yes,
00:16:42.240 United in Chief.
00:16:43.520 No,
00:16:43.760 I think that
00:16:44.660 there's really
00:16:45.720 two things at play.
00:16:47.300 The first one
00:16:48.280 is Nathaniel Erskine-Smith's
00:16:49.980 own ambitions.
00:16:51.680 And, you know,
00:16:52.240 he's been pretty clear
00:16:52.960 that he's at least
00:16:53.700 kicking the tires
00:16:54.500 at perhaps another run
00:16:56.220 at the Ontario Liberal Party.
00:16:57.980 And they really are poised
00:16:59.380 to make gains
00:16:59.980 at the expense
00:17:00.500 of the NDP.
00:17:01.040 So it's not strange.
00:17:02.360 I think that he would be
00:17:03.060 flexing some of his
00:17:04.580 progressive bona fides
00:17:05.660 as that party
00:17:07.340 goes through
00:17:07.820 a leadership review
00:17:08.640 in a race.
00:17:10.160 By the way,
00:17:10.800 I think I said bona fides
00:17:11.880 earlier in this video,
00:17:13.300 but I actually did not
00:17:14.580 even listen to this clip
00:17:15.540 beforehand.
00:17:16.480 So just in case
00:17:17.220 you think I'm a hack
00:17:18.060 stealing other people's
00:17:19.140 verbiage,
00:17:19.780 I usually just screen
00:17:21.200 these videos
00:17:22.620 very lightly beforehand
00:17:24.040 because I don't want to know
00:17:24.940 exactly what's said
00:17:25.940 so I come off as robotic.
00:17:27.040 But the other piece
00:17:30.920 of this, of course,
00:17:31.700 is that
00:17:32.400 Nathaniel Erskine-Smith
00:17:34.800 is part of the team.
00:17:37.100 You know,
00:17:37.360 he has an objective,
00:17:38.960 has a misalignment,
00:17:40.880 I think,
00:17:41.660 right now
00:17:42.240 that a lot of progressives
00:17:43.440 may be feeling
00:17:44.260 in the party.
00:17:45.360 We just talked about,
00:17:46.420 you know,
00:17:46.840 do red Tories have a home
00:17:48.060 in the Conservative Party?
00:17:49.980 I think there might be
00:17:51.020 a lot of progressive liberals,
00:17:52.280 I'll call them
00:17:52.720 terracotta liberals,
00:17:53.740 people that might go
00:17:54.540 orange and red.
00:17:55.980 Where do they fit
00:17:56.680 into the Carney government
00:17:57.640 and to the objectives
00:17:59.500 that are being put forward there?
00:18:00.860 So Nathaniel Erskine-Smith
00:18:02.320 is not the only person
00:18:03.420 that may fall into that camp
00:18:06.160 that's in caucus
00:18:06.760 or even necessarily cabinet
00:18:08.180 and certainly to band
00:18:09.440 at this point
00:18:09.920 a lot of the younger people
00:18:10.940 that support the Liberal Party.
00:18:12.520 So I think that
00:18:13.540 that might be something
00:18:14.420 that the Carney government
00:18:15.280 may continue to grapple with.
00:18:16.920 You see them trying
00:18:17.680 to kind of have it both ways
00:18:19.060 on environmental policy,
00:18:20.920 for example,
00:18:21.860 but we may see more
00:18:23.020 Nathaniel Erskine-Smith
00:18:24.060 in terms of
00:18:25.060 discontent
00:18:26.480 with moving away
00:18:27.240 from some more
00:18:27.800 of those progressive
00:18:28.420 policy banners
00:18:29.280 that were carried
00:18:30.000 by the previous Trudeau administration.
00:18:32.080 Now, I'm not going
00:18:33.260 to hold my breath
00:18:34.320 and see if the media
00:18:35.700 is going to start
00:18:36.260 stirring up rumors
00:18:37.600 about whether or not
00:18:38.820 Mark Carney is vulnerable
00:18:40.200 going towards
00:18:41.220 some sort of
00:18:41.720 a leadership review
00:18:42.520 because that's what
00:18:43.040 they're doing
00:18:43.640 to hear Polyev
00:18:44.920 after Chris Dontremont
00:18:46.260 ended up crossing the floor.
00:18:48.720 Erskine-Smith,
00:18:49.900 Christia Freeland,
00:18:50.540 many other liberals
00:18:51.460 are actually likely
00:18:53.340 within the next year
00:18:54.360 to resign their seats
00:18:55.560 potentially at the same time
00:18:56.900 that someone like
00:18:57.800 Matt Jenneru
00:18:58.600 may end up resigning
00:19:00.000 his seat in the spring
00:19:00.980 in Edmonton Riverbend
00:19:02.260 because there are people
00:19:03.780 who are sort of
00:19:04.620 either part of
00:19:05.240 the old Trudeau guard
00:19:06.560 who Carney
00:19:07.300 has completely
00:19:07.960 sidelined out.
00:19:08.960 Christia Freeland
00:19:09.400 has gotten some
00:19:10.060 effectively
00:19:10.600 like an envoy job
00:19:12.000 to Ukraine,
00:19:13.120 so it doesn't even
00:19:13.900 really make sense
00:19:14.520 for her to stick around
00:19:15.360 as an MP
00:19:15.820 because her job 0.59
00:19:16.440 very much puts her
00:19:17.520 on foreign soil
00:19:18.640 most of the time.
00:19:19.500 And with someone
00:19:20.280 like Erskine-Smith
00:19:21.060 he's just not only
00:19:22.520 kind of part
00:19:23.520 of the old Trudeau guard
00:19:24.560 but he's also
00:19:25.340 just part of
00:19:25.920 the new left
00:19:27.840 who doesn't really
00:19:29.020 have a place
00:19:29.640 in Carney's government.
00:19:30.560 It's not because
00:19:31.000 Carney's somehow
00:19:31.800 a big conservative,
00:19:33.300 he's just not willing
00:19:34.280 to move left
00:19:35.180 at the speed
00:19:35.840 that Erskine-Smith is.
00:19:37.720 Carney just kind of
00:19:38.600 understands political reality
00:19:39.840 that he can't be
00:19:40.800 a wild-haired
00:19:42.080 progressive right now
00:19:43.060 and that he has to
00:19:43.680 kind of move slowly
00:19:44.880 and Erskine-Smith's like
00:19:46.120 why don't we just
00:19:46.980 have a big cavalry charge
00:19:48.480 against the fossil fuel industry
00:19:49.960 and kill them all 0.97
00:19:51.160 and part of this again
00:19:53.060 is also just him
00:19:53.940 trying to criticize Carney
00:19:55.540 to make himself
00:19:56.180 look better
00:19:56.760 as a progressive
00:19:57.460 running for the
00:19:58.360 Ontario Liberal leadership
00:19:59.660 although you then wonder
00:20:01.480 is Mark Carney
00:20:02.820 then going to try
00:20:03.640 and go after him
00:20:04.640 and try and stumble
00:20:05.600 try and trip him up
00:20:06.820 if he tries to leave
00:20:07.860 the party
00:20:08.300 and run for OLP
00:20:09.780 the Ontario Liberal Party
00:20:11.740 leadership
00:20:12.420 you know as revenge
00:20:13.400 you know you don't
00:20:14.320 criticize me
00:20:15.020 when you're in my caucus
00:20:16.100 so I'm going to make sure
00:20:17.020 that you definitely
00:20:17.700 don't get to become
00:20:18.620 the provincial Liberal leader
00:20:20.000 so that you can keep
00:20:20.980 prodding at me
00:20:21.860 but anyways
00:20:22.940 so that should be it
00:20:24.280 for this video
00:20:24.940 guys
00:20:25.780 hopefully you enjoyed
00:20:26.840 me highlighting
00:20:27.500 the specific
00:20:28.200 little gripe
00:20:29.240 that's happening
00:20:29.800 with the budget
00:20:30.440 inside the Liberal Party
00:20:31.580 again
00:20:32.300 don't hold your breath
00:20:33.700 for a bunch of
00:20:34.360 legacy media coverage
00:20:35.460 on if Carney
00:20:36.720 has proper control
00:20:37.780 over his caucus or not
00:20:39.020 they do it for
00:20:39.940 the Conservatives
00:20:41.020 but obviously
00:20:41.580 they're not going to
00:20:42.080 do it for the Liberals
00:20:42.880 like share and subscribe
00:20:44.380 everyone
00:20:44.900 thanks for watching
00:20:45.800 and I'll see you guys
00:20:46.560 all later