Liberals pus INSANE ban on gas cars! - Carney EV investments
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Summary
Wyatt Claypool talks about the proposed ban on gas-powered cars in Canada by the year 2035, and why he thinks it's a good idea. He also talks about why the Prime Minister is so committed to it, and what it means for the auto sector.
Transcript
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Hey guys, Wyatt Claypool here. You may have not been fully aware of the Liberal government
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attempting to ban gas-powered cars by the year 2035. I guess you'd be able to keep any gas-powered
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vehicles that you had prior to that date, but you wouldn't be able to purchase them after that.
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It sounds hyperbolic, like something their opposition would have just made up based on a
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very skewed reading of some of their policies, but this is something that you can literally find
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on the Liberal Party's website. Check this out. A cleaner, greener future for everyone. 100%
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zero emissions car sales by 2035. Almost a quarter of our emissions come from the transportation
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sector, and half of these emissions come from cars and trucks that get Canadians around every day.
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It's almost like that last little bit of that sentence that get Canadians around every day
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is very key here. Maybe don't screw with something that people need to survive. They need to be able
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to get around in an efficient manner. Maybe let's not mess with that. But they go on to say,
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we know action is needed to reduce pollution from transportation. That's why we've launched the IZEV
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program in 2019 to provide purchase rebates up to $5,000 to Canadians who want to get behind
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the wheel of an electric vehicle. This is also why I'm highly skeptical of the actual profitability of
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the EV industry. That includes all like Stellantis, Tesla, all the car companies that are starting to roll
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out pure EV lines. How much is it that people actually really like the cars? And I know people
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who really do like the cars. But how much of it is the fact there's a subsidy available so you're
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willing to drive the car because you got $5,000 back that you wouldn't have gotten on a gas-powered
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vehicle? Even if you may even prefer a gas-powered vehicle, but you live in an urban area and it doesn't,
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it's no skin off your nose. It's just whoever gets you the better deal and maybe getting $5,000 off
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is the better deal. But we don't need to look at the Liberal website anymore. Now I just want to jump
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over to what's being said in the House of Commons because the Conservatives have seized on this issue.
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This is going to be a big thing for them and I think it is a good issue because the Liberals do not
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seem to be willing to back off it right now. Carney in effect has recommitted to it. Obviously he did,
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he ran on it, but even with the Conservatives' recent push, they are not backing off.
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The opposition. You don't have to allow Canadians to buy one type of vehicle by banning their ability
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to buy the ones that they actually want. You know, this is phrasing a lot of questions. Canadians,
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autoworkers, 4GM, they all don't want the EV mandate, but the Prime Minister's intent on pushing
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it through. Why? Well, right before becoming Prime Minister, he was chair of Brookfield and he advocated
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for a ban on gas-powered cars. Brookfield is heavily invested in the EV supply chain. Yet this Prime
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Minister refuses to reveal his financial interests or self-admitted conflicts. Isn't it true that this
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isn't about the environment, this is about the bottom line for Brookfield?
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Now, honestly, I believe most of the reason behind this proposed ban is ideological. I think it just
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happens to coincide with a lot of other interests Carney may have as to why he is more committed to this
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than a normal liberal policy, but they were in favor of this well before Carney ever came around.
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The Honorable Minister for Artificial Intelligence.
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We're in a trade war launched by the United States.
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Oh my goodness, why would you have Evan Solomon get up and answer this question?
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He's in a fake ministry about artificial intelligence.
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We're in a trade war launched by the United States that's targeting our auto workers
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and our auto sector. Make no mistake, we will fight for every job and every worker.
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We have invested in the auto sector, including the EV sector, to build good jobs in places like St.
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Thomas, where the Amino Corp is employing people. This government will always invest in workers
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and make sure that the auto industry is growing, resilient, and successful.
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You think as a former TV producer, TV show host, Evan Solomon would be a little more steady than that,
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but how absurd is it to go out there and in response to the fact that your party ran on
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and is going to try and implement a gas-powered car ban by the year 2035 that you get up and say,
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we've been very supportive of the auto sector. Have you? Because you're proposing getting rid of
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most of the auto sector in Canada in favor of the EV sector, which only survives because of massive
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direct subsidies to the companies, as well as indirect subsidies through tax rebates for people
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purchasing the vehicles. This is absolutely just contradictory, but it's the space the liberal
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government lives in. Now, the sad thing is that I don't think a lot of people are going to be made
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aware of this contradiction. Again, the liberal media is going to cover what they want, and they
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can downplay the story. They naturally have to kind of cover it a little bit, but not in the thorough
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way that we kind of need in order for people to understand that these people pretending to protect
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our economy from the United States are also placing bets against it. And by the way, you want to save the
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auto sector? Cut taxes, cut regulations, make it easier to produce cars. The only reason many sectors
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in Canada beg for subsidies is because they realize that begging for tax cuts wasn't working, so maybe
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the government will give them cash after taxing them rather than the other way around, because the
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liberals are ideologically big government, and so they don't want to back off of the high tax rates
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because that's part of their marketing, that we are hard on the billionaires and millionaires and
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whatnot, not to the extent like the NDP are, but they very much try and run anti-corporate, even though
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you could say it's one of the most corporate parties on the planet. Large corporations do very well under
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the liberals, not as well as they would do under conservatives, but large corporations actually are
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able to out-compete smaller businesses because of the sheer amount of regulations and taxes.
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It's this kind of backwards way where the liberals, by opening fire on all industry, end up benefiting
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the large corporations in the long run because their smaller competition can't hack it the way
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their larger competition can, and so they end up going bankrupt and the large ones end up consuming
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the small ones. But here is Glenn Mott saying, the liberals still plan to ban gas-powered vehicles by
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2035, forcing you to buy electric. And so what the conservatives did really smartly here is that the liberals can
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pretend, oh, no, you guys are panicking. That's, you know, we're wanting more Canadians to have any
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options they want on what vehicles they want to drive, but, you know, the world's moving towards
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like, you know, EVs, and by 2035, we will naturally be there from, you know, the moves in the market.
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You'll get a lot of people saying that, especially liberal defenders in the media. They'll say, this is
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already where the world's going. Whether we mandate a ban or not, gas-powered vehicles are going away.
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So the conservatives put it to a vote. So Glenn Mott goes on to say,
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conservatives tried to stop the ban, but the liberals, NDP, and bloc voted down our motion.
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These parties just voted to raise car prices, send Canadians auto jobs to the U.S., and limit our
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freedom to choose. Canadians deserve better. And I like the freedom to choose element here.
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I think, and it's an old Milton Friedman documentary title, freedom to choose, they should run on,
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it was like a series on television, freedom to choose. The conservatives should run on a big vision
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that they should just steal the name from Milton Friedman. Just call it freedom to choose. That
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is what the conservatives are running on for their economic agenda. So this vote went down 141 yay
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to 194 nay. And when you went through it, it was basically conservatives voted yay, and then liberals
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and everyone else voted nay with the liberals. There was a few people who didn't vote, but it's because
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they have the system where if one person's on vacation from one side, someone else will go on
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vacation from the other side to keep it balanced. But yeah, that was telling, and that is something
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that the conservatives are going to be able to hit the liberals on in the long run.
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And then I just want to highlight another thing. And that is the NDP's insane position on this
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particular piece of legislation. So we had the NDP needing to outdo the liberals had to stand up
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and make their own insane demand on environmental policy.
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I'm honored to rise today to introduce the National Renewable Energy Strategy Act. I thank my colleague
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from Rosemont La Petit Patrie for seconding this legislation and all his work to protect our
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environment. The Intergovernmental Panel on Climate Change has been clear that we must cut global
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greenhouse gas emissions in half by 2030 and reach net zero by 2050 to avert catastrophic global climate
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Sir, why is catastrophic things not happening now while we're producing a lot of emissions?
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Why do we have to be at net zero to avoid them? Wouldn't we just need to be less? Or even if we
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went to the emissions levels of the 1930s, that would still be too much? This is always the thing. It's
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always this maximalist position that it has to be all or nothing. That, you know, either we do nothing
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The time for action is now. That means implementing solutions for clean energy and transitioning away
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from fossil fuels. While we do this, we must ensure that workers are not left behind. Jobs in Canada's
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clean energy sector are projected to grow by nearly 50% by 2030.
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Let me guess, are subsidies going to be going up by about that much? Because that's the only reason
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that the green energy sector is growing is because subsidies are growing.
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And the industry's GDP contribution is on track to reach $100 billion by the end of this decade.
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This legislation would accelerate our transition to a clean energy future by requiring that the
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Minister of Natural Resources develop and implement a national strategy to ensure 100% of electricity
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generated in Canada comes from renewable energy sources by 2030.
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Do you know what the problem with this is? And it's the same problem with the EV mandate. Both of
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them are bad. Actually, before I get to that, I do want to just highlight another conservative
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speaking out on this, just so you can kind of see like the fulsome amount of voices. Here's one of
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my favorite MPs, Arnold Veerson, speaking out against it. An MP who represents a rural Alberta
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riding, and I think that is very relevant to this topic.
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Mr. Westlock. Mr. Speaker, it's never been more difficult for V8 truck owners in this country.
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After years of Liberal mismanagement, they've created hardships for farmers, families, and forestry
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workers in northern Alberta. Now this Liberal government plans to ban gas-powered vehicles and
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force Canadians to drive electric vehicles. Just one more example of Ottawa knows best.
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Well, Mr. Speaker, let me tell you what Albertans and rural Canadians know. The farmer hauling his
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livestock can't wait for hours to recharge during a trip. The hunter who needs to bring home his moose,
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can't stick it in the back of a Prius. And when it's minus 40 out, oil and gas workers can't rely on EVs
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to haul heavy equipment needed to keep the heat on for the rest of the country. Even in Quebec, Mr. Speaker,
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the number one selling vehicle is the gas-powered F-Series pickup.
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I like how he had to say even in Quebec because of the reputation, but yeah.
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In a strong and free Canada, Canadians must have the choice to drive a vehicle that meets their needs
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at a price that they can afford. It's time to axe the ban on electric-powered vehicles.
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Now I just want to quickly jump over now to a statement that someone I like in the media made,
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one opinion commentator writer, whatever he would just classify himself as. But I think Tristan Hopper
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had a very good perspective on this. That sums up what I think quite well too.
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the singular thing turning me against EVs is that they will be dependent on an increasingly
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overloaded grid that will not, under any circumstances, be able to power an electrified
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Canadian vehicle fleet. If you want commuting to be as broken as accessing healthcare, buy an EV.
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And I like how he's taken this on, not from the perspective that it's turned him against an EV
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ban or a gas powered ban. This is why EVs are bad in general. And I would agree. We were experiencing
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a couple of years ago in Alberta in 2023, we almost had the grid fail in Calgary multiple times because
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when we transitioned away from coal, which is actually a problem, a mistake by the UCP,
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the NDP started the coal phase out in 2015 or 2016. And then the UCP kept it going. I think they
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should have scrapped that. When we transitioned away from coal, we started investing more in solar
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and wind. And so when those failed, when it's negative 40 outside, we were left without coal and
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without green energy. And now we had to rely on natural gas trying to actually, you know, power the
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entire grid. And so we all had to start unplugging stuff and turning off the lights so that everyone
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had enough energy to actually keep the lights on. If everyone was using energy at their normal
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capacity, things would have started failing. So that is a good point by Tristan. This is not
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a problem just of the bans. It's a problem of the whole concept of EVs in general. Tristan Hopper says
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at the precise moment that the government is turning everything under its purview to S,
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they're demanding unprecedented control over housing and transportation.
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At the electrification quotas, the federal government is demanding they should be green
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lighting a new hydro dam or nuclear plant basically every month. But they're not. The plan
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as it stands is for millions of subsidized cars nobody can drive unless they're Teslas or Chinese
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made or whatever other kind of EVs the government decided you shouldn't have. I say this as someone
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whose dream car remains the IMEIV. So yeah, some electric vehicle. And I even mentioned and this
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is the whole freedom to choose element of all this. Know what car you should be able to drive? The car
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you want to drive. Not subsidized, not with a big tax credit. Whatever car that you in your financial
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position and where you live would dictate that you should get, you should go get that one. And with
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energy sources, do you know what energy I'm in favor of? I'm in favor of electricity. I'm in favor
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of natural gas. I'm in favor of gasoline. I'm in favor of coal. I'm in favor of wood. Use whatever
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you want to use. You have the freedom to choose. In fact, do you know what's actually reduced emissions
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over time more than anything else? No government mandates, no scolding remarks from the United
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Nations. It's been capitalism because capitalism enables people or basically empowers people to
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try and get the most value, the most stuff for the least amount of money. And that means that people
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over time have bought cars that use the same size fuel tank to go farther. And so emissions have been
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going down over time. And you know what then happened? Well, the liberals implement the carbon
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tax and they do other sorts of environmental regulations, bans, coal phase outs. And then
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they're like, look, emissions have gone down since we did that. And you look at the overall like
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timeline of the chart. And in fact, it was going down at a rapid speed. And then when the government
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started getting involved, things actually slowed down more because higher taxes and higher regulations
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means that people have stayed using higher emission vehicles because everything costs so much,
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you can't buy the more efficient truck anymore. You have to wait far longer before you upgrade from
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what you bought in 2005 to a newer model. And you're probably going to have to buy something used
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where if everything was much cheaper, you actually might buy a new vehicle right now that has like,
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you know, 60% of the emissions of your last vehicle. But of course, government got in the way.
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This is like what happened in the United States. Again, it's interesting that I was talking about
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Milton Friedman because here's an example he used a lot. In the United States, when Ralph Nader was
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going after, was it like the Ford Pinto or was like the, you know, some older car for being dangerous,
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they found out that by then putting in a bunch of like restriction safety regulations to mandate seat
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belts and, and in like a driver's side and passenger side, airbags and other things on the car, you know,
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crump, like bumpers that crumpled in to avoid, you know, fatalities. By implementing all that stuff,
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all these safety features that we take for granted today is standard. At the time, they were expensive
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to implement. So what happened was people, because of the regulations Ralph Nader had championed,
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people drove around their T-Birds longer, people drove around the dangerous vehicles causing deaths
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longer, because to buy the newer, more safer vehicle, it went from something that was obtainable
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within a couple of years to something that you couldn't do for seven years because taxes and
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regulations pumped up the price of those cars to purchase. That's the problem, that when you try and
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get people to do what you consider to be the right thing, oftentimes you make it more difficult to do
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the right thing rather than, so if your goal is to lower emissions, let people buy more efficient,
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cheaper vehicles. Don't make them buy the EV. One, there's the power grid problems, but then there's
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also the fact that EVs cost more than maybe buying a used car that has a more fuel efficient engine than
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what the person's been driving around since 2002. But maybe I'm just being simplistic. Anyways,
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that should be it for me today, guys, at least in this video. I'm actually, when you're watching
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this, on a kind of mini vacation, and so a lot of the stuff I've been pre-filming, but it's actually
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great. So much has been going on. I've been having a lot of topics to discuss. I probably have another
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thing I need to film today, too. I basically filmed four things today. So, you know, that's how the
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sausage is made sometimes when it comes to YouTube. I didn't want to have to haul all my equipment with me
00:18:59.260
where I was going. But tons of big issues going on in Parliament today, all coming to a close tomorrow,
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which is all very hypocritical. Apparently, we needed to get a bunch of stuff done in Parliament,
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but now Mark Carney wants us all to go on a three-month vacation, even though he's the man with
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the plan and we're in a crisis. Whatever. Whatever. Okay. Well, that's it for me today, guys.
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Like, share, subscribe, do all that great stuff. See you guys later.