True Patriot Love - Canada's 5% Tariff Truth vs. US Trade War

00:00:00.000 well like every country in the world canada is affected by donald trump and tariffs there is

00:00:15.120 not a country on the planet that has not been hit by tariffs from the current u.s administration

00:00:20.080 however there was a very telling comment from the u.s ambassador to canada on ctv news this week and

00:00:26.240 paul uh explain to the viewers right now the big picture what he talked about and how different it

00:00:31.920 is from maybe the narrative that we're we are receiving on a daily basis yeah jim what what a

00:00:37.360 social experiment this one is right so the conversation with a reporter uh and i don't

00:00:44.960 need to go into the details of the person but anyways u.s ambassador gets on and and they're

00:00:49.760 grilling them you know back and forth about you know uh isn't canada being penalized because

00:00:57.280 you know we've given up the digital tax we went out and got fentanyl we spent 1.3 billion to sure

00:01:03.360 up our borders which quite frankly we needed to do anyways so we spent 1.3 billion we showed up our

00:01:09.440 borders but we're still getting penalized right uh that goes on to the end and the u.s ambassador which

00:01:14.800 just threw a like a huge uh twist or wrench into it he says well you know you're only paying an

00:01:23.520 effective tax of five percent and that's the best rate of anyone in the world right look at india that

00:01:31.120 just got jacked up to 50 percent and and the part kind of rears back he says what do you mean he says

00:01:37.600 well your effective tax rate so if you take out the usmca cosma which makes up 85 and as you and i

00:01:44.480 both know those are mostly energy purchases so natural gas wells you got it yeah so that makes

00:01:51.280 85 of our trade zero tariffs right so now we're not paying anything um and then he says well you're

00:02:00.240 only 15 and there's uh steel aluminum you know and then there's soft lumber so those are high but they

00:02:11.520 only make up 15 and out of that 15 bundle they only make up a small amount of that so quite frankly

00:02:18.400 when you average all those in zero at 85 percent and the high amount on the other two items and then

00:02:24.960 all the other 10 15 items we put on it averages out to five percent so steven murren remember i don't

00:02:32.960 know if you remember this conversation and you and i talked weeks and weeks ago when tariffs came yeah

00:02:38.400 so the economic uh the head of a economist for the u.s government you know uh when you live in

00:02:45.840 uh the u.s and i lived just outside of washington it's really cool because they have 12 or 15 think

00:02:51.920 tanks of people so steven murren was the head economist for the think tanks for the republican

00:02:59.120 government for years and he's now taking the role of the head economist of the whole government and he

00:03:04.800 told us he told us about these tariffs way back and he predicted that for canada it would have a less

00:03:12.800 than one percent uh effect on the end user so when we're saying oh man everything's gonna go up it's

00:03:20.720 gonna go crazy steve murren told us that based on the usmca cosmo agreement based on all these

00:03:28.080 tariffs coming canadians would see the end user canadian the customer would see a very small amount

00:03:34.320 because by the time it got absorbed by the manufacturers uh passed off between everyone

00:03:41.200 before it gets to the end we would not see the impact and he's right he's basically occlusion

00:03:47.040 and you know we're running around so there's an interesting part of this sorry i'm no going

00:03:51.040 up the interesting part to me is here we are and this was a great great you know the u.s ambassador

00:03:58.320 the reporter system well you're we're in a trade war he says we're in a trade war

00:04:05.920 what trade war are we in we're not the as americans we're not in a trade war are you in a trade war

00:04:12.640 well yeah you know we're you know he goes no we're not we're in a discussion you know we don't

00:04:18.000 care of much of what we actually purchase from you uh you know so quite frankly

00:04:23.440 you know i don't think we're in a war and quite frankly you know he went on to explain to him

00:04:29.840 we're not only in a war but we're not interested in being in a war and quite frankly

00:04:34.720 your negotiators are doing a very good job at keeping canada at the lowest tariff rate of anywhere

00:04:42.160 in the world so then all of a sudden we want to subsidize industries right yeah so i so paul i

00:04:52.640 think in and i'm glad he brought up that the job that the negotiators for the country are doing but

00:04:58.960 you can't separate what the all the tariff talk is with the talk about the 51st state and that scared

00:05:06.000 a lot of canadians the thought of being swallowed up by america and that is basically skewed our view

00:05:11.840 of reality and perception of the terrorists so when the u.s ambassador in a very calm intellectual

00:05:18.320 eloquent way explains what it is in real terms you go oh because up until then it's been 51st state

00:05:26.000 tariffs and he's going to crush canada economically that's all we've heard for months yeah no no i i

00:05:32.000 get it but yeah not well explained i get it and that's his style you know it's unique it's a bad

00:05:38.480 style point right i get it i get it but you know there's some interesting things that you need to

00:05:43.920 kind of consider in there and and you know uh in july the rcmp came out and told us we now have 4 000

00:05:53.600 gangs in country right when when we went for this mass immigration push and everything else we actually

00:06:02.800 pulled everyone off uh investigations criminal investigations and we opened up the borders and

00:06:10.560 we basically spent all our time just getting people in the country right so that's a challenge he you

00:06:17.120 know trump the the us government is well aware of what's going on here we have some challenges in

00:06:22.880 canada and i don't think we can't hide it we have some defense challenges right you know the arctic is

00:06:28.720 wide open if you literally if you listen to steve bannon and those of you get a chance very

00:06:33.440 interesting when he explains what the arctic and what's going on up there and how that has a bigger

00:06:39.280 global implication than we think so therefore when he's saying it i get what he's saying and i don't

00:06:45.360 love what he's saying because he's saying in a really kind of demeaning way and i think a lot of that

00:06:49.760 came from uh trudeau and you know the the bumping between the two parties they did not get along

00:06:58.320 no they didn't they didn't get along and you know quite frankly you know all this stuff we're hearing

00:07:02.400 now between uh macron and trudeau and all this stuff is trump ever going to get along with that

00:07:09.360 crew no no no he's never he's not that type of man and you know he's he's not going to put up with

00:07:14.960 all the shenanigans that they're living so you know there's no to me that there's no surprise that

00:07:21.120 they weren't going to get along right because he probably knew what we are finding out now long before

00:07:26.880 we did so he's probably never had an affinity to be part of that crew so you know that's that's

00:07:33.680 only natural but but you know all that scuttlebutt about the arctic and defense and everything leads

00:07:40.720 to his thing why we should be a one nation i don't believe we should be one nation i'm not promoting

00:07:46.960 it but i understand why he's doing it and why he's saying it and it goes back this is going back

00:07:51.840 years i grew up in a military family and i remember my father in the air force the generals

00:07:56.800 in the 1970s begging justin's father pierre that they need this piece of equipment and they need

00:08:01.840 that piece of equipment and we were in a peacetime era of our nation and we went decades without buying

00:08:08.720 necessary equipment in the 1990s it was discussed potentially about getting air submarines that could

00:08:16.080 operate under the arctic ice and we and now we're we may if we're lucky have submarines that can

00:08:22.960 operate under the arctic ice cap in the 2030s if everything goes well because of technology that

00:08:28.720 won't be nuclear powered and um i mean we're living next to the biggest most well-funded most powerful

00:08:36.320 military in the world who is carrying the weight for hundreds of countries around the world so i mean

00:08:44.080 there's 20 30 different things all converging at once decades of not spending on the military that

00:08:50.160 is coming back to bite us in the butt maybe being too complacent thinking we'll always be friends

00:08:55.600 and sometimes i mean there was famous quotes with richard nixon did not like pierre trudeau whatsoever

00:09:03.440 but they did business together yeah they don't like each other they don't like each other and but

00:09:08.160 there was a poll done recently in the month of july it said 59 of canadians think they'll never trust

00:09:13.520 americans the same way again and when i read that it's not american people it's american politicians

00:09:19.920 and that's something will take a while to heal paul so say in the next election a republican has not

00:09:27.040 voted in again and they democrats get their act together and it's a democratic president who is

00:09:32.240 really pro canada i don't think we're going to jump into the deep end right away as a country after the

00:09:37.120 pain of these last few years well yeah maybe not you know i and i agree it does live it leaves impacts

00:09:43.920 at least scars yes but but okay right put that aside for a minute five percent tears right all the

00:09:54.640 things we're being told not absolutely true so you know we're being told specific you know 50 here and

00:10:01.840 that there but we're not really talking about the overall truth and how we're doing in comparison

00:10:06.800 to other countries so i want to put that and i think i think you got to give you know i'll criticize

00:10:12.640 you know me i'll criticize anyone if i don't agree with them and i'll debate but i have to give them

00:10:18.560 some credit they have left us with an effective tax rate of five percent so say what you want about

00:10:23.360 america right they have right you know they from a military perspective i just want to hit on that i did a

00:10:29.840 show uh another show with the fraser institute crew um great episode it was a great episode and i

00:10:35.840 enjoyed it with very much with charlotte and the crew uh the u.s spend a trillion dollars on defense

00:10:42.480 right we're spending 30 billion billion yeah right so you know a million people you know we're trying to

00:10:51.360 struggle with like 60 so a thousand so you know we have a and and at the end of the day what we found

00:10:57.680 out in that interview is that most of our commitments that we made in nato meetings recently

00:11:03.600 don't hold much water so you know spain has already bailed on the whole five percent concept and

00:11:12.080 has also made so given where we're at right now and all those things it it does kind of ask the question

00:11:19.600 and that was the question that came up there can you criticize them for asking the question now

00:11:24.960 given the arctic and everything going on are you guys able to put together your own defense

00:11:31.280 and are you able to sustain as a country because one of the things you have to do now is you have to

00:11:36.800 get serious about doing those things now you know sometimes you can yell squirrel and a bunch of

00:11:42.240 people run over and attack tariffs and go you know elbows up and all that good stuff and they they buy a

00:11:48.480 hat they give themselves names like you know this and that and they try to become champions right that's

00:11:55.040 great right awesome stuff right good pr where's the plan where's the plan that says where is canada going

00:12:05.520 in its independence where is it going in soft lumber where is it going in metals all the things that

00:12:11.760 we're hearing every day now that's fine right but you know i know being a builder i'm still going i'm

00:12:19.440 still going to home depot or i'm going to rona i'm going to my lumber yard right still paying you know

00:12:25.760 350 to 385 a two by four an eight footer i'm still seeing the u.s paying a little more than that

00:12:34.720 so like where are we going on all these fronts like what's the plan and how much money like we

00:12:42.480 always run to this okay they're tariff now let's go give them you know some type of subsidy let's give

00:12:48.960 them 1.2 billion okay great right what are we giving them 1.2 billion for are we giving them 1 2 billion to

00:12:58.080 keep people employed are we keep giving are we giving 1.2 billion to keep investors whole or because

00:13:06.880 right now it says we're giving 1.2 billion to soft lumber for loans and grants not employment loans and

00:13:14.560 grants so i don't know what that means i guess we're going to find more out but i sure would like to

00:13:20.080 before we did that figure out where they sat and could they sustain without i'm going to play devil's

00:13:26.720 advocate i there's things about mark carney i like and i don't like he's a well-educated accomplished

00:13:32.720 individual no matter what you think about the man he can't take away his resume it's impressive

00:13:38.720 in defense of him and the canadian government right now things are happening so fast with an

00:13:44.080 erratic u.s president who seems to make things up every day on the go that i wonder how easy it is to 0.62

00:13:53.120 plan and i don't disagree with you paul there should be a plan but if there was at least a few

00:13:57.920 weeks where the powers that be could get together and put together a comprehensive plan without

00:14:02.800 something changing every day it would help i know the first minister's conference they had recently

00:14:07.440 there was some good out of that alberta saskatchewan ontario are gung-ho to build a pipeline

00:14:12.480 to the james bay region and ship gas and oil to europe great that'd be great for the canadian economy

00:14:18.000 but the we manitoba hasn't signed on yet so that that's where as a leader as a prime minister as

00:14:24.080 a government they have to get everyone on board say this is for the good of the country and the tax

00:14:28.480 revenue is not just gonna it's gonna help manitoba and everyone else because the faster they do

00:14:33.280 something like that the better it is for everyone oh yeah that's a plan yeah yeah but isn't that part

00:14:37.920 of being a great leader you know yes you you know you said very accomplished and i i agree right

00:14:43.200 but your success is based on how many things you as a government or as a leader and government is

00:14:49.360 how many things you can coordinate and make happen and execute right and and to me that is really one

00:14:55.200 of the key things that i think we're facing right now we're spending all our time you said you know

00:14:59.680 how can i plan okay the ambassador was very clear the other you know was very clear he he sat down and

00:15:08.640 he said listen your effective tax is only five percent we have a lot of issues coming up look

00:15:14.880 at you know look at he fed tim cook his lunch yesterday right yeah you know and good for him

00:15:19.760 he got apple to bow down to him and actually you know spend what three billion dollars more in the us

00:15:28.720 some crazy number so you know he's busy making his country thrive now that's his job it's his job

00:15:37.680 that his success will not be whether canada as well his success will not be monitored or

00:15:44.160 or uh measured by how we do so he's out there doing what he needs to do for the republican party in the

00:15:52.320 united states of america government so he's doing what he needs to do so you got to remember that he's

00:15:57.520 making all that happen so you know that's the measure of success for him and and the the ambassador

00:16:04.480 said i'll get back to canada or we'll get back to canada when we've got the other things done because

00:16:09.520 you guys are okay you got the lowest tariff rate so that would to me if i'm a leader here i would turn

00:16:16.080 and i'd say to myself okay right i get it so you know i got 700 or whatever number of forest fires going

00:16:24.960 in throughout canada right now i got smoke inundating other countries right the us our neighbor some of the

00:16:32.640 worst air quality in the world some of the worst air quality in the world hey you know what i have

00:16:36.880 an opportunity to create a program that will employ thousands of men and women um to go you know

00:16:42.960 clear brush and and get back to doing a program that we should have been doing before we made all

00:16:48.000 those cuts and we've heard all those crazy things you know that decimates acres and acres that will

00:16:53.120 never regrow um and we can fix that so let's let's take some of those people in the soft lumber industry

00:17:00.640 and let's get them over working let's make sure to help those companies transition over

00:17:04.960 that makes sense to me that is a good program to fund and and make happen just putting money out

00:17:10.560 there and saying okay i'm now going to fund an industry i'm not sure that that works right and

00:17:15.760 paul if i'm carney in the government actually i would be championing the fact that the us ambassador

00:17:20.880 said that he said that our negotiators are doing a good job he said that our effective tariff rate is

00:17:26.640 five percent that would calm a lot of canadians down maybe pull the um intensity back for a lot

00:17:33.120 of people saying hey look we're doing our best listen to what the us ambassador said effective

00:17:38.480 rate is five percent he said our negotiators are doing a great job and let's plan in making it better

00:17:44.640 and maybe the future is uh some reliance in the us some reliance in europe some reliance other places

00:17:51.680 and it's i mean i don't know any business that puts all their chips in the table and expect it

00:17:56.800 always to hit 21 every hand that's i think that in in the end it could be a good thing for canada

00:18:03.600 to have a more diversified economic stream with money coming from different parts of the world if

00:18:09.120 if we stop yelling squirrel or in our case tariff let's let's do this i agree let's agree let's let's

00:18:16.480 take the word tariff yeah for 30 days let's take it out of our vocabulary and we don't use it anymore

00:18:23.360 i challenge i'll make a challenge out there let's remove the word for 30 let's do 90 days so we can

00:18:29.520 lease and then that'll be interesting to see so we're not going to talk about anymore so what we're

00:18:35.200 going to do is we're going to actually start making plans how to survive right affected industries

00:18:41.760 change the economy for the better diversify the economy yeah look what they did they finally

00:18:46.800 opened up that long-awaited liquid natural gas depot in bc and now it's being shipped to japan where

00:18:52.960 they're desperate for it they are and those pan pacific asian countries had been crying to canada

00:18:59.280 for years eight years to get that liquid natural gas shipping to them now it's it's happening and we're

00:19:05.520 eight years late to the party right but it's at least we the benefits are starting to come exactly we

00:19:10.640 should we should accelerate that now because unfortunately by being behind eight years we

00:19:15.760 opened the doors for a lot of other countries who saw they they saw it was a great revenue generator

00:19:21.600 and they've jumped on it and now they're hustling it right so so i agree don't use the word we won't

00:19:26.880 use the t word for 30 days yeah let's hammer out a deal to get a pipeline from alberta to james bay

00:19:33.120 use as doug ford said i'll give him credit use ontario steel and use quebec aluminum and build a

00:19:39.280 massive port deep water port and ship oil and gas to europe what about a military plan that

00:19:44.800 incorporates our production and manufacturing well you know how easy that could be there is a company

00:19:50.880 called rochelle in mississauga yeah and they build i know them state-of-the-art armored cars that our

00:19:56.080 government has bought to ship to ukraine and they are saving saving lives the chassis and the engine are

00:20:02.080 built in oakville on the basis of the ford f550 heavy duty truck our canadian military could easily

00:20:09.440 use a thousand of them and be distributed to army units and reserve units across the country and they

00:20:15.040 would take them with open arms yeah yeah well remember yeah i don't know you know desert storm

00:20:19.840 up in in london we used to do all the heavy armory tanks and on the in the locomotive division up in

00:20:26.240 london right we are really good builders very good we are but for some reason right we say you know

00:20:33.760 we're now it's okay let's dedicate some money to military we have plants in canada so great let's

00:20:39.840 go let's go uh you want to do submarines you want to do boats you want to do you know we got aircraft

00:20:46.080 hangers that are sitting empty let's get out there you know and so let's redirect that steel and

00:20:52.320 aluminum into uh businesses that we have to get going and but here's the problem right you can

00:21:00.400 keep pointing at the other guy you can keep saying squirrel or tariff in this case and and pointing

00:21:05.360 every time something happens to you you know how how many more meetings do we need to have how many

00:21:12.480 more let's have another meeting of everyone let's do an uh an emergency cabinet thing let's do come on 0.97

00:21:20.880 now right come on now one of the great effective things to do with a bully paul ignore them yeah

00:21:26.880 ignore them and you do your own thing yeah and also they become irrelevant yeah and then whatever trump

00:21:32.320 says we're like well okay we're we're good yep we you know we've worked our problems out we're doing

00:21:37.760 this this and this we have money coming in from different economies in different parts of the world

00:21:42.640 we're building our revenue uh our employment's going down we're building more we're okay that's fine

00:21:47.840 yeah and we don't have to use the t word and it's less you know the squirrel reaction yeah yeah well

00:21:53.600 you know i don't think and and let's stop honestly i you know i i get it and i think the ambassador makes

00:21:59.040 a good point right he he just said you know making a big deal about buying fruit and making a big deal

00:22:06.080 about traveling you know doing the anthem all that stuff it's a little silly given you're paying the

00:22:13.280 lowest tariffs so if they you know we live beside them i think at this point we got to kind of where

00:22:18.560 they are our neighbor you know for if you like it or don't like it they are really our protection

00:22:24.400 you know if anything ever did happen you know that's the only defense we do have at this juncture

00:22:29.120 and they have been for the last 50 years paul yeah so you know you can criticize them all you want

00:22:33.600 but at the end of the day they're they are what they are right so and i think we do need to separate

00:22:39.040 american politicians in the white house and american people i have friends and family in

00:22:43.920 america i've traveled extensively i live there my dad was in the military or posted there there are some

00:22:50.400 great people that would do anything but you can't i don't i think as canadians we can't equate all 350

00:22:57.120 million americans with the strange guy in the orange hair in the white house oh yeah no no and that's

00:23:02.160 again it's negotiating too right so we have 2026 we have the uh cosmo usmca agreement coming up all

00:23:11.280 this is a little bit of that too right it's a bunch of pre-prep for negotiating an agreement

00:23:17.280 and there will be some pain felt in that and we will see that i think we all understand that

00:23:21.760 by that but by that time if we're smart now we actually parked the tariff word the squirrel we

00:23:28.560 actually i didn't think you were going to say it but park it on the side yeah park it i'm sorry

00:23:32.320 park it on the side right the t word and park it on the side and get moving on some other plans and

00:23:37.840 then get you know and that makes sense but i i'd be truthful i don't want to talk about like if every

00:23:43.600 time a tariff comes and we say we're going to prop up this industry then i have a problem with that

00:23:51.840 because that's not a plan throwing money like it's very easy to say you know i i just met with the

00:23:57.280 leaders and i'm going to loan them a billion dollars okay great you know the next question

00:24:02.480 i have where's the billion dollars you know where's the billion dollars coming from last year

00:24:07.840 we're 60 billion in the hole in deficits we're at 1 trillion in total debt we have a crazy amount

00:24:13.120 of interest we pay every day we're a small country so i don't i think i just want to give

00:24:18.000 everyone i wake up i think everyone knows that we have a big land mass we're the second biggest

00:24:22.080 land mass in the world yep we have a very small population we have energy rich we're we have great

00:24:27.840 things but quite frankly we don't have the capabilities to throw around the b word anymore

00:24:33.840 so the b word the b word was something we threw around during covet we got all used to it you know

00:24:39.520 everyone said billion like it was you know they they had a show on tv that was you know called billions

00:24:44.480 yeah we all watched it we all got really used to it and then next thing you know we're throwing

00:24:48.320 billions you know we're giving money to this country giving money to that country time out now

00:24:53.200 right we got to kind of retract we got to go back we got to start looking at you know the day

00:24:59.600 of inter-provincial inter-municipal transfers you know we're at 190 billion dollars of provincial

00:25:07.360 municipal transfers right now it's all going to end at some point right the only good of all of this

00:25:12.480 paul to be honest with you is it forced the country and the premiers and the provinces it's

00:25:18.480 been talked about for years to tear down into provincial trade barriers to start thinking making

00:25:23.760 it easier for business in ontario to business in alberta and vice versa to to actually be a country

00:25:29.840 for years you couldn't even buy a bottle of wine from bc that was illegal but it was only it was totally

00:25:36.240 legal to buy wine from california yes so that did never made sense no so through all of this if

00:25:42.080 there's any good paul it's bringing some common sense to the canadian economy the canadian government

00:25:47.520 legislation maybe cutting red tape and maybe opening our eyes to things that we need to do better to make

00:25:54.240 our country more insular and more protected against anything like this in the future yeah no no i'm with

00:25:59.360 you i'm with you you know and another show another day but uh we should actually uh uh

00:26:06.080 talk about it you know in obama you know it's kind of an obama line right like we only need so many

00:26:12.880 professions in certain areas you know the there's certain things we need in this country and certain

00:26:17.840 things we don't we need more entrepreneurs so what we need we need to actually open up uh loan

00:26:24.240 capabilities for people to start businesses and sectors that are now deficient and isn't that better

00:26:29.040 use of a billion dollars than giving it to big big companies already have it well it's interesting so

00:26:34.800 china so 20 years ago president china uh goes to japan and he has a meeting with the japanese says

00:26:42.720 what's causing you to be so successful and he's jealous right he's totally blown away by it right

00:26:48.320 and he goes into a secret meeting the japanese i don't know if you have any japanese friends but

00:26:52.320 i've worked with them before they're great and you know the during the day they work really hard

00:26:57.520 and at night they have fun they party and everything karaoke and stuff and usually get the truth out of them

00:27:02.720 at the end right because you know you're having fun and so he goes out and he has a big night on the

00:27:08.640 town uh with the president and the secret of the success is they set up funding for small entrepreneurs

00:27:15.840 throughout the country and he went back to china and he set up small uh banks throughout the country that

00:27:23.120 actually uh spearheaded a full redevelopment of the country and an economic boom that was never seen

00:27:31.920 before so and you know we as canadians need to think about that we need to start spending more

00:27:37.440 time getting more people you know these young people we have now are you know they're brilliant

00:27:42.000 they know ai they're very intelligent right we need to see them to get going into industries so that

00:27:48.400 you know and and i think they'll be well fitted for it because they have the intelligence you know to

00:27:53.280 run businesses do accounting you uh they have high i.t uh skills they're going to be the people that

00:27:59.840 help us develop this country and and that's what we should be focusing on now in this time when we're

00:28:06.560 going to stop using the t word and we're going to start figuring out ways not to incentivize the same

00:28:12.800 big industries that got caught in this kind of jam of depending on the us it's great you know great sell

00:28:20.000 your products to the us i get it right i would do it too you get us dollars right the foreign exchange

00:28:25.520 gain is amazing you're selling it at the same price again two by fours soft lumber into the u.s

00:28:32.560 man if i can sell all my lumber into the u.s and sell it at the same price i'm selling it now you're

00:28:37.600 making a profit yeah yeah i'm selling it in u.s dollars right so i'm killing it my my foreign exchange 0.95

00:28:42.960 gain is actually uh the same as my income tax liability it can't be that can you no craps you're

00:28:49.360 paying no tax so you're really running a business at no tax because you're foreign exchange gain

00:28:53.760 so i'm loving that idea and who wouldn't i don't blame them sir but if that goes away

00:29:00.080 but paul i i love the concept of a a government fund for young entrepreneurs it brings the youth

00:29:07.280 unemployment rate down they create income tax revenue jobs in the end not only does it pay for

00:29:14.000 itself canada benefits sure benefits right so now so now i'm out of my basement i'm working i'm alive

00:29:20.880 i'm buying i'm purchasing right quite frankly i've become more attractive to the opposite spouse

00:29:26.400 because now i have high income i'm getting married right i'm having kids at some point it's creating

00:29:31.920 the economy all the things that are you know uh lack of employment for youth and and lack of employment

00:29:38.720 for people coming out of school right low birth rates low marriage rates all the things that are

00:29:43.760 crippling our economy that we're trying to fill quite frankly with immigration programs that quite 1.00

00:29:49.120 frankly are kind of struggling because of of the way the world is around right so you know that's

00:29:54.880 the challenge right now it's we have to face it and that's part of the the you know as the t word goes

00:29:59.920 away that's all the things you got to face to make it all work and the more we say the t word the less

00:30:06.880 we focus on all those things the core things that could make a difference yes loans for young entrepreneurs

00:30:13.760 making sure we have a diversified economy making sure we understand what is really happening in the

00:30:19.440 business world of the country yeah the tough things look yeah i mean unfortunately we're being forced to

00:30:25.200 ask tough questions now paul right well no and can i say something yes please no and i and i you know

00:30:30.480 before we finish i just wanted to hit this right please please right and this is kind of a plea to the

00:30:36.080 government right now right we don't need any more trips abroad right we don't need we don't need them

00:30:43.200 we don't need them we need everyone to stay home right like first thing let's figure out how to get

00:30:49.760 the wildfires out right yeah yeah let's not go i don't think we need to take we don't need to have

00:30:55.440 another meeting of the all these groups of politicians we need any things let's seriously put some elbow

00:31:01.600 grease into getting the fires out getting things out of control right and and you know because

00:31:06.320 that's important and then let's get rid of the t word stay home and start to work you know roll up

00:31:12.240 our sleeves and start to work on some programs to get it working again because you know flying around

00:31:17.520 having meetings you know let's totally blunt you can fly to any country in the world those countries

00:31:24.560 right now because of the u.s the way trump has acted and the way trump is he's had his own problems he's

00:31:30.720 you know trillions of dollars going in debt he's struggling with his own economy to get it going

00:31:37.120 forget him the other countries have the same problem you can try to go there and do a trade

00:31:42.160 deal on something more than likely you're going to not be successful because quite frankly they're

00:31:46.960 trying to figure out the same thing right they're nationalistic they're going to try to figure out how

00:31:50.800 to save their own economy so let's get to the you know let's focus at home let's get these things

00:31:56.640 going up we're a small country we can do it we're a small country we can do it and we have done it

00:32:01.920 yes we've done it before when we had less people less resources less brain power yeah we've proven

00:32:07.120 it time and time again i just recently read pierre burton's famous book the last spike 1880s hand

00:32:14.320 built a railway across the country through the bc mountains which is elbow grease and manpower when

00:32:20.960 everyone said it couldn't be done time and time again canada's done stuff like that it does but for

00:32:26.000 some reason we got kind of over our skis and we we started thinking we were this big country you

00:32:30.720 know we we got into this kind of mindset of we're a huge country and we have billions of dollars and

00:32:35.680 we can start helping out other countries and we can start funding people and and you know we got to

00:32:40.400 go abroad and have these you know these big sessions and uh that's not who we are we we fell out of the g7

00:32:48.080 a long time ago right we're a g30 or whatever we're not even in that anymore so yeah you know we gotta

00:32:54.240 just let's go let's come back home let's focus on domestic policy for a while let's get the

00:32:59.680 domestic policy working let's get the economy moving at home and then we can start to have 0.74

00:33:04.800 conversations with others you know what paul you're a smart man i don't know about that

00:33:09.840 a pleasure my friend thank you thank you thank you thank you jim

True Patriot Love - September 26, 2025

Canada's 5% Tariff Truth vs. US Trade War

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