00:00:00.000Hypothetically, if I was a strategy advisor to the Mark Carney Liberals, the first thing I would tell them to do is stop shooting yourselves in the foot.
00:00:11.340Now, I'm a conservative who doesn't like the Carney Liberals at all.
00:00:15.340At the same time, I like things to make sense, and it's maddening watching the Carney Liberals not be able to pick a lane on the trade issue.
00:00:24.740Do you guys want to go rhetorically elbows up and tell the Americans to go screw themselves?
00:00:30.560Or do you want to make concessions for absolutely nothing in return?
00:00:35.640They're not even picking one of two plausibly good lanes to take in politics.0.99
00:00:41.620Now, I think this elbows up strategy is stupid when it comes to actually getting a deal.0.95
00:00:46.800But politically, it's good for the liberals to be constantly in these rhetorical fights with Donald Trump.0.99
00:00:53.260But they're not picking between that and a more realistic trade strategy of horse trading certain things to get benefits back from the United States.
00:01:02.260Hey, we'll give you supply management, we'll get rid of that, but you have to get rid of the tariffs on softwood.
00:01:07.380That's not what the liberals are doing.
00:01:08.900They're just simply throwing in the towel, throwing up the white flag on tons of different issues for absolutely nothing in return.
00:01:16.780And again, they're not consistent about it.
00:01:18.800It goes elbows-up rhetoric, and then it goes to making concessions.
00:01:24.800And that is what brings us to a press conference I need to show you today
00:01:28.780where a liberal minister was launching a trade diversification office in the federal government
00:01:35.220because we do not have enough bureaucracy, apparently.
00:01:38.360And when it went to media questions, it did not go very well for him
00:01:42.440because journalists, I don't even think they really knew what they were doing,
00:01:46.260were sort of kind of, you know, starting to circle the drain of, you guys make absolutely
00:01:52.680no sense. What is your actual trade strategy? So check this out.
00:01:58.680Good morning, Minister. This is Neha from CBC News. Last week, the Prime Minister said everything
00:02:04.640is on the table in negotiations with the US. And this week, he said energy is off the table.
00:02:10.920Is Canada hurting its bargaining ability by saying what it won't leverage?
00:02:14.940Now, he absolutely chokes on this answer, but I want to give you a little bit of background before I get to him answering that question.
00:02:22.480So it was just yesterday that Prime Minister Mark Carney was at a press conference with Alberta Premier Daniel Smith, where he acknowledged that Canada cannot use our oil and gas resources as leverage against the United States.
00:02:35.560It is literally impossible to turn off the taps to the United States in terms of oil and gas exports.
00:02:41.540This is what happened in Iran during the war. When you're producing oil and gas products and it has nowhere to go, you can't just simply turn it off. It could basically destroy your oil and gas infrastructure forever. It's basically pretty much a constant flow. There's not much time you can turn it off for before the infrastructure starts getting harmed. So the oil and gas products have to go somewhere or be stockpiled, and we don't exactly have the resources to stockpile in that manner.
00:03:07.760And also there is the rub of federalism where, especially on natural resources, which the provinces have jurisdiction over, the federal government can't just come in and say, Alberta, you're going to stop shipping to the United States.
00:03:21.420But that absolutely ruined like the only pitch Carney had left last week when he said that we're going to use our leverage on certain products in order to somehow get the United States to the table.
00:03:34.380They're trying to get us to the table, but we're pretending somehow we need to get them to the table.
00:03:39.060And that was one of the big pitches with people like Premier Doug Ford and David Eby,
00:03:43.400is that how about we just shut off the taps of the U.S.?
00:03:46.740Not possible, and it probably wouldn't even be helpful because it would end up doing more damage to us than it would do to them.
00:03:54.780And that's what set us up into this question.
00:04:00.320She was just basically saying if it's a bad idea to tell the U.S. what we're willing and not willing to do, the U.S. probably already knew we couldn't even possibly do that.0.68
00:04:09.820It would be a dumb idea. But really, the question underlying what she asked is, what is even the strategy here at all?
00:04:18.100And let's listen to Minister Sidhu absolutely whiffing this one.
00:04:21.940No, it's a very good question. I mean, you mentioned the U.S. It's a very important partner to industry groups, including many on the council.
00:04:28.200they will always be an important partner to Canada in terms of trade but as we
00:04:32.340work through this negotiation I think it's prudent that we don't negotiate
00:04:35.280through media Canada has many cards to play and will continue to negotiate at
00:04:39.000the table led by Minister LeBlanc and the US team at the same time my focus is
00:04:43.320diversification to expand into new markets around the world sign you free
00:04:46.860trade agreements or businesses and have preferential access and so the focus is
00:04:50.560yes of course the US is important but also the rest of the world we need to
00:04:53.520focus on that as well and you can you can tell from the business world if you
00:04:56.880one customer buying your product they will set the price but if we're able to open up the market and
00:05:01.200have more customers that gives our industry a competitive advantage um my follow-up question
00:05:07.120how concerned are you that removing the possibility of attacks on streamers at this time is going to
00:05:12.960be used against your party in the by elections particularly in quebec so he basically didn't
00:05:19.680answer that previous question just skipping over it oh well you know we don't want to put our cards
00:05:24.560on the table and we don't want to negotiate this thing out in the media at the same time the
00:05:29.700liberals keep doing that and then she follows up by saying okay well if we have cards to play why
00:05:34.500did we just burn another card because not only have the liberals canceled the tripling of the
00:05:39.240streaming tax but now they've just completely eliminated the streaming tax that mostly only
00:05:45.000applied to u.s businesses now i never liked the streaming tax in the first place but it's
00:05:49.460contradictory to say that we have a lot of cards and we don't want to negotiate this thing out from
00:05:53.320the media. At the same time, we keep publicly burning cards left and right on getting rid of
00:05:58.740the streaming tax and backing off on the Gordie Howe Bridge deal and then saying that we're not
00:06:03.700actually going to leverage energy resources in order to get the U.S. to the table. And then
00:06:08.280Mark Carney, it won't even back the booze ban that Ontario and New Brunswick and Manitoba and
00:06:15.200B.C. have on U.S. alcoholic products. Like, what is the actual strategy here at all? You can keep
00:06:21.760saying well we shouldn't do this in the public at some point you should because nobody even the
00:06:26.800americans have any clue what you're doing so they're just sitting around waiting for you to
00:06:30.420continue making concessions as you buy yourself time to avoid having an actual in-person face-to-face
00:06:37.320negotiation with donald trump where there's a lot of sensitivity oh and by the way she's right here
00:06:42.680getting rid of the streaming tax dumb move politically for the liberals now i don't like
00:06:47.400the streaming tax, but that's because conservatives tend to not like the streaming tax because
00:06:51.900we don't like taxes. We don't like unnecessary prices on products from the government to,
00:06:58.220you know, subsidize bad CBC productions. But there's currently a by-election in the riding
00:07:04.740of Chikutini-Lithjord that the liberals wanted to try and win away from the conservatives.
00:07:10.380Now, that's a three-way split riding. Conservatives, Bloc, and liberals all have a chance to win it,
00:07:15.320And the liberals are just shooting themselves in the foot in a way that will benefit both conservatives and the Bloc Quebecois. It will benefit conservatives because the liberals keep looking super weak on trade, and the conservatives are pitching themselves as the alternative, more realistic party when it comes to their trade strategy.
00:07:32.100And the Bloc always run as the Quebec Nationalists, and they can hit the Liberals for, you know, giving this up and looking weak in front of Donald Trump.
00:07:41.080Basically, it benefits both the Conservatives and the Bloc.
00:07:44.920Bloc just go after the Liberals for being weak.
00:07:47.180Conservatives go after the Liberals for making concession in favor of absolutely nothing in return.0.62
00:07:52.700Toward protecting local art and culture.
00:07:55.200Yeah, I mean, look, when you look at that, the Minister of Heritage is leading that conversation.
00:07:58.440But what I can say is that we don't want to add to the affordability of Canadians, what they're dealing with day to day.
00:08:22.440polluters. And also they're realizing that pipelines help you export things because now
00:08:27.780they're pitching the idea that, don't worry, we're diversifying where we send our energy to
00:08:31.620by building pipelines. I thought previously it wasn't worth the damage to the climate to build
00:08:36.860pipelines and that our oil and gas industry was doing completely fine without it. So many lessons,
00:08:42.800so many basic economic lessons are being learned by the liberals here. At the same time, they're
00:08:47.200still not implementing any of it properly. Every time they remove a tax, always look somewhere
00:08:52.820else where they're going to increase the tax or just print a bunch of money and inflate the
00:08:57.340currency, which is probably what's going to happen with the streaming tax. They're not going to cut
00:09:01.500the subsidies to the CBC and to other legacy media productions. They're just going to find the money
00:09:07.240elsewhere. Hi there, Mark Randall with Globe and Mail. I'm wondering if you can kind of explain
00:09:12.960what this Export, Strategic Export Council or Office rather actually is? I mean, you guys
00:09:18.240have EDC, you already have the Trade Commissioner Service, you have the Canadian Commercial
00:09:22.680Corporation, all which facilitate deals, do financing, arrange that. What is new about
00:09:29.640what's being announced today and how is it going to work with the existing arms of trade
00:09:34.500promotion that the government already has?
00:09:36.840So this person effectively just asked, Minister, what is it to do? What's the point
00:09:42.420this new trade diversification office what are we getting from it that we didn't have before
00:09:47.540and the fact that this minister was the guy who just announced it you think he'd have a good pitch
00:09:53.460for it since he in theory just made the pitch although the pitch was so bad that the journalists
00:09:57.940decided to ask them what this was even about and how this is different from what the minister of
00:10:02.500trade would already be doing anyways within his office and this is his answer that's a very fair
00:10:07.540question i mean look when i when we formed office and when i got this role uh and i consulted with
00:10:12.660industry with boards of trade um with commerce organizations across the country uh they were
00:10:17.220telling me that we're losing out on business uh because we're not as coordinated as other countries
00:10:21.220uh they would get to the finish line another uh state leader would swoop in a trade minister would
00:10:26.180swoop in make a call and billions of dollars of deals would be lost and so better coordination
00:10:30.340is what's required? No, not at all. Coordination is not why Canadian firms are losing out on
00:10:38.400export contracts with other countries. They are losing out. They are losing out on those markets
00:10:43.360because it sucks to produce things in Canada. If another trade minister can just make a call and
00:10:49.680get it to happen within the day, it doesn't sound like they have a trade diverse education office.0.54
00:10:54.220It just sounds like they're cutting you out because they have a better pitch. We don't need1.00
00:10:58.760a new bureaucracy to coordinate trying to find new markets for canadian businesses no what we need
00:11:06.440is lower corporate taxes and then maybe also reducing regulations that's all we need the
00:11:15.160liberals as many economic lessons as they're learning today when it comes to pipelines being
00:11:19.640good and you know maybe taxes do increase the cost of things maybe they should extend that lesson
00:11:26.120that they learned that the cost on things can hurt both people's personal finances as well as
00:11:31.720companies finances and reduce corporate taxes so that more places will want the cheaper canadian
00:11:37.720goods because right now our goods are more expensive because we have higher taxes and no
00:11:43.960bureaucracy is going to be able to pitch to a country that they don't forget the dollars and
00:11:49.320Forget the fact that, you know, the United Kingdom or Argentina or Chile or Mexico or Nigeria or whatever other country produces this faster and cheaper than Canada.
00:12:01.140Just use us because we have a fancy trade diversification office.
00:12:14.480So whenever you see, oh, the liberals are cutting civil service jobs and it seems somewhat conservative, no, they're not somewhat conservative.0.89
00:12:22.540They're just basically reducing the size of some areas of government by incentivizing people to retire earlier, not replacing people as they retire.
00:12:30.980And then they're still hiring new people in other made-up departments that are going to be highly paid for absolutely no productive work.
00:12:39.940In a year, I'd love to know how many new trade deals, how many new business opportunities were created for Canadian companies by the Trade Diversification Office that would have not been made if it wasn't for them.
00:12:54.600No doubt the Liberals will claim like every single new opportunity is because of the office, but new opportunities happen without the office existing.
00:13:01.040So how many more did we get than we usually do?
00:13:04.900I would assume it's going to be about zero.