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- September 22, 2025
Carney’s ‘Major Projects’ Plan: Real Progress or Political Illusion?
Episode Stats
Length
26 minutes
Words per Minute
176.27856
Word Count
4,752
Sentence Count
2
Hate Speech Sentences
1
Summary
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Transcript
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Whisper
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).
Hate speech classification is done with
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all right so welcome everyone here we have it the prime minister i'm joined by mike wixson the
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prime minister came out this week with five initiatives major projects and it looks like
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he created a major projects office so i thought that mike that was very interesting that he threw
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on the table uh five projects which to tell you the truth i actually thought were already happening
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in some shape or form but um you know uh let's watch a few clips i think we have from uh a couple
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of the media agencies toronto sun and nick what's the other one uh global news global news and from
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global okay let's so today as you know canada's new government is announcing the first set
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of projects that we believe are both in canada's national interest and are feasible to be built
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the proponents behind the first trash of these projects have already done much of the hard work
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they've undertaken already extensive consultations with indigenous peoples
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consultations that meet the standards of existing legislation they've worked extensively with
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provincial and territorial governments and local authorities and already meet many of the necessary
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regulatory standards this is the first tranche of projects we expect the second tranche of projects
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to be announced by the great cup first lng canada phase two what we have today is mark carney after six
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months has not approved a single national project anywhere in canada it's really incredible he was elected
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saying that we are an unprecedented crisis and that we needed to move with unimaginable speed so what has he done
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he's not permitted a single major mine pipeline nuclear plant or anything else what he's done today
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he's announced that he's going to send an email to an office that isn't even fully staffed up yet
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which will one day consider possibly approving five projects this is pathetic do you know the federal
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government is blocking 39 projects that are in the regulatory system 39 scott mo says there's another 100 projects in saskatchewan alone
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that are waiting on federal decisions the message to mark carney and the liberals is they need to do one thing
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get out of the way get out of the way get out of the way all these projects need to go ahead
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is the removal of liberal anti-development laws and taxes that make them impossible to build we don't
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need a new bureaucracy in ottawa or a new dream list we need the federal government to get out of the way and
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i'm here to help them do it i'm putting forward the canadian sovereignty act which will get the
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government out of the way open the country for business unlock our resources repeal the industrial
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carbon tax the energy cap the shipping ban c69 the pipeline ban repeal all of those liberal laws
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so that we can become a country that is strong self-reliant and stands on its own two feet and i would
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just conclude by looking at the results of mr carney not his promises not his latest paper
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shuffling exercise 62 billion dollars of net investment has left canada since he became prime
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minister that is the worst five-month record of investment in canadian history mark carney has lost
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86 000 jobs and there is nothing to show for his six months it's time for him to get out of the way
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let builders build that workers work okay all right so you know there you have it you listen to you know
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the prime minister and you thought and i thought pierre just disappeared into the summer i know and he's
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now he's doing the sovereignty bill he's actually thinking about doing something yeah so uh which is a
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good idea right i do respect the notion that he points out that there's already a lot of projects that
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have been given regulatory uh go ahead they're already in the system yes and and the prime minister
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is ignoring those the first point that i got yeah loud and clear yeah i did get that loud clear you know
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and so you know we went to and uh we have it on the screen um we went to the major projects office
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site so this is a new site actually popped up and we're trying to figure out what it is right so if uh
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nick if you scroll down so you know uh basically i guess the pillars of this are advancing the advancing
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nation building projects partnering with indigenous peoples and supporting proponents right so and then
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if you go down i guess to how it works uh they're looking for proponents share details of major projects
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uh through a single point of contact giving us the information we need to get started then they have
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a team i guess there's someone in uh and there's a i guess there's a new consultants major project czar
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yeah who basically reviews it uh with the federal departments indigenous partners and stakeholders
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and then streamlines the process i don't really understand how they streamline the process i guess
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they probably get permits and things kind of expedited if they can with the provinces and the
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parties and then within that said framework you receive a clear guidance and decisions on how to
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move forward with confidence which is always good and i assume i assume right there's money there's
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money somewhere in the mix here right i assume you know you put it in we get funding because
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there's all these new slush funds um you know which so well that's the first thing that i kind of
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thought as well was uh okay so he's got a list of these new projects some of them which by the way
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i love that you pointed i thought they were already underway the best of which is the lng
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canada phase two phase one's already done so we're already doing this we get it yeah but uh what i
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did notice was okay so this really phase one that was what eight years too late and uh five years
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late and actually getting completed yeah that one uh but what i noticed was this major projects office
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okay i think pierre probably is maybe right on this one so now we have another office that isn't fully
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set up that he's announced that he's going to send emails to right that haven't been appointed anybody
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he didn't tell us anybody's been appointed to this office that's now going to do these wonderful
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projects and take on more it's the major projects office it doesn't exist it's not a real thing it's
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a great acronym i do like the pmo i like that yeah i wish we thought of pmo but i don't really believe
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like it does sound like a great way to line up uh a bunch of slush funds under one office yeah it seems
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like you know you we we put a fund together a reserve and then projects come forward and we
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allocate monies to them the interesting thing so this is where you know back up for a minute because
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i've been on other shows about this but you know the interesting thing to me is let's get a budget
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landed first um a budget should allocate monies to projects so when the budget comes out and we're
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trying to work our way back from our 62 billion dollar deficit that we saw in 24. um we should be
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working back to minimize that to go down the other way um and then we can make some decisions on which
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project it's interesting that we're we're now out to major projects before we tackle our budget issue
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and actually that's should come after we've done sort of an assessment of what we spent previously off
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the budget and how that did exactly carpet for the horse right so now we're out now we're out trying
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to figure out products so we're announcing uh tranche one of projects right you know and we're trying to
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figure those out so and you listen i'm i'm not trying to be hypercritical on this i'm trying to be
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fair and i and i want to look at this objectively but you know from again a finance perspective the first
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thing would be is to actually look globally at the budget figure out how much i have to spend and how
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much i have for projects right so think about your own life your own business your own personal life
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right i figure out what i need to live right eat drive shelter okay then i figure out how much money
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i have left how many capital projects i can do how many vacations i can take other things right and i
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budget them right so i come up with a budget let's back up and do that first well it's like you're
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right if i'm gonna do some projects around the house i i'm gonna put a roof on uh you know i'm gonna
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landscape this year okay how does that fit into the budget with everything else we have already got
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commitments for exactly and that's on on this it's a fair point you know paul it's a fair point because
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this feels like a shopping list it doesn't really feel like a solutions list if this was all right we're
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going to put uh more capital into uh diversifying investment into small business and you know
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following through but these are all major projects of which darlington is already a nuclear project uh
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uh lng is already a project the foreign copper mine is there are these are it's like they filled
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the list with projects that are already underway well yeah and you know the promise of elbows up big
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ideas you know that this didn't cut it right no what are the big ideas here yeah the big guys didn't
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the big ideas didn't come out so i wasn't really sure i'll be truthful with you i'm not sure if it was
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a little bit of a misstep so i got to give uh you know a little bit of uh latitude okay um you know
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maybe thought it was a good idea i you know a couple things that i'd like to kind of point out which i i
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and this is just my two cents on it both both leaders of both parties right i i would recommend
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stop having 30 people stand behind you that look really puzzled because that looks kind of goofy
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it's so funny that you say that because i almost laughed as it was up there people shaking their
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heads at the wrong moment oh man just a a real mix of people there you know that both crews on both
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sides like really puzzled with these two leaders right yeah the ones it's interesting before we
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even get to a budget time the one's talking about a sovereignty bill the other one's talking about a
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project a major projects office and so i'm like okay you guys are you're not even in the same planet
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you're not on the same planet and both you're talking about two different things right so you know
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first things first right housekeeping let's do our housekeeping get our budget in place let's see if
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both of you can agree all parties that have standing can agree uh quite frankly on a budget
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right then you can sit down right and figure out what to do now minority government right let's all
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kind of remember right didn't get enough seats got close but didn't get it minority government we still
00:12:05.360
have to do a little work you know someone has to come on side someone has to say yay or nay it's not
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it's not just you know hey i'm just going to do what i want um because you didn't get a majority
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right and so which you know i i think it's positive yep so me again benefit of the doubt right now the
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public's you know the public polling for the prime minister is good right he's done a really good job
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at getting the public to stay behind him he's got all the goodwill in the world right now so a little
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bit of a misstep so that's fine let's figure that out let's try to go forward let's get busy let's
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get a budget done let's uh you know kind of park this one for a minute it might not been the best
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idea someone ever had yeah um and let's get into that but okay so now i got to get i mean next week
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we're going to sit in the house i hope quite frankly i've said this on previous shows i hope we're not going
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to spend a week of both parties just kind of criticizing each other all week long um because
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really right now we're in a critical time and one getting up and doing one thing the other doing another
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thing is not helpful not presenting a budget and then presenting a list of here's what's happening
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in a dictatorial fashion is not going to lead to peace on the first week in parliament i'm sorry it's
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just not good i mean am i wrong about this can you tell can you clear this up for me i don't think he
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can even do this i don't think carney can do this maybe i'm wrong but here's what i i dug up new
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spending commitments he can't do this without a budget increasing a program from 5 billion to 10
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billion in lending authority or promising billions for infrastructure it needs parliament to pass that
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budget the other thing is a binding financial guarantee any guarantees that the government gets out
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there and puts loans behind it needs uh appropriate uh approval by legislature and then finally permanent
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structural funding long-term spending must be backed by an appropriation act otherwise it's just an
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intention which is everything on this list is just an intention so which i don't understand really at
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this point why you know the strategy on that one is really puzzling why would we get out and do this
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it doesn't really uh it doesn't look great and and so okay done right park it let's move forward so
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big ideas right so now we need to come up with some big ideas because that's where we came into that's
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what we got elected on right i have the background i have i will create the big ideas great you're going
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to create the big ideas so i've got one let's do ev let's really focus on ev paul well you know okay
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so right ev let's take that let's just pick that one off for a minute right you want to do ev great
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right you need to figure out nuclear you need to figure out reactors you need to figure out the power
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grid the power grid uh if you're going to use ai to do ev quite frankly that takes a ton of power yeah so
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you need a strategic plan for electricity across all province and coordination of power don't you also
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need a market to sell these vehicles into well the funny thing is didn't we last week say we're
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going to relax or defer the requirement for 2026 number of evs into market so kind of the uh and we
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blew up a deal to actually have a plant here making evs that had nothing to do with us it just
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didn't make sense because there wasn't enough market for it let's focus on ev though no no i i know
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but but here's the thing we're already kind of headlong into it we're committed to 50 billion
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dollars between ontario and quebec so we're in it so i get it and maybe we don't all love it but
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quite frankly but then if we're gonna figure out large uh country canadian projects right we have to
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figure out how we do them and therefore electricity on a on a countrywide basis has to be dealt with so i
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would have rather kind of waited and come up with a full strategy on how to do it now you know coming
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back to this uh major projects group and everything else the real issue is without both parties or
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without all parties sitting at the table in some shape or form is it a good idea and probably not to
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tell you the truth so my recommendation in doing this would have been quite frankly creating a if you're
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going to create another committee in ottawa would have been committee creating a committee that had
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representation from all parties so they could sit and talk about the projects before they come forward
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and talk about some of the challenges whether they be political economic whether it be viable bylaws
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restrictions uh environment whatever they are indigenous talk about all of them right so figure out
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what some of the challenges are for each of the parties and then agree on those ones they can
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move forward actually move yeah so that that would have been that would have been an elbows up move
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instead now they're both talking about different projects you have you have one guy going down doing
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the sovereignty bill and the other guy doing the pmo yeah right or it would have been better if they
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spent their summer at camp working out a list you're right yeah it would have been great but we didn't do that
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so and in and not doing that number one we didn't talk about pipelines yeah so you know right away you
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saw pierre paulia he gets on and he says you know what what happened to pipelines well it's it's nowhere
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to be seen in the liberal agenda so and the prime minister didn't bring it up you know right now we see
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a lot going on in alberta with respect to give us a mission caps tell us what we can do all that stuff
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that's not being addressed at all that's very quiet right now and we're having a little bit of
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you know dissent uh there's some challenges out there right now people are not happy i was going
00:18:07.680
to say that that process is being stunted i think by probably by uh dissenting voices that are affected
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by it okay big time yeah big time but but you know again if those groups got around the table they'd
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say listen we need pipelines somewhere in the equation right so for us to go forward and get behind this
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so then they have to give and take right you know you want to do so much on the ev side we
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want to do so much on the pipeline side you know let's meet in middle ground we you know we're already
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you know quite frankly i i don't think we can get out of ev now because i think we're headlong into ev
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especially with you know like i said ontario and quebec so like it or don't like it we're into it
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we're stuck with it yeah we're stuck with it i think it's built quite frankly i understand yeah it's
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built out massive massive facilities yeah so we're we're done so and then the next thing quite frankly
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you know we don't address in any of these conversations right now defense that's a good
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point i don't see i see uh mining gas nuclear and the oddest thing ever to me is uh is the uh terminal
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container project but i don't see anything here that talks about major infrastructure of our defense
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or our power grid or our overall uh transportation system in canada except for one idea yeah the speed
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train which has been an idea quite frankly that's since we were kids yeah this is like the 100th time
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we've heard about this there's been press conferences you know it's it's been kicked around so long that no
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one really even they throw it on the table as a you know throw away and i do like the idea of super
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train though if we could get one i do like it but i said to you the other day that's great okay we'll
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put this in but why do i just feel like we'll buy this technology from china they make great speed trains
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there i can imagine we're not building them here in canada well and you know quite frankly if any of the
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leaders have been on a train lately and they're going from toronto to auto or toronto to montreal
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they realize they're pretty empty right there's nobody on those trains not a lot of people and
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by the way if you're listening to this on that train i want you to put your hand up right now
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and say i'm the only one okay so and the other one i thought was very interesting so we talked about
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copper right but resource wise you know the ring of fire didn't make the list so i thought that was
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really kind of wild because quite frankly it has huge impacts on our auto industry yeah um so that one
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didn't make the list so the whole again if i had to actually uh change this major projects office
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list i i would have probably started if i had to prioritize i probably would have started off with
00:20:53.680
resources yep you know that would have been my number one tackle yeah and probably that would have
00:20:57.760
been my first tranche and i would have said okay let's just let's take care of resources in the country
00:21:03.040
first because that'll get the economy going because that's the number one thing we have so you know
00:21:08.880
it's like uh the low-lying fruit in any you know negotiation or business plan go get it first
00:21:14.640
right because you want to be making enough money so when you go to the next projects that are a little
00:21:19.200
more riskier you won't fall on your face right makes sense so go to resources first uh deal with all
00:21:25.120
those and then i would have moved on to some other things you know i would have tackled defense i would
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have tackled um uh transportation all with the thing all with the goals or the uh guidelines of
00:21:39.120
increasing our gdp so rather than doing projects that aren't going to increase our gdp and increase
00:21:45.760
our productivity as a country i would have set some benchmarks so and had those projects measured
00:21:52.160
against those benchmarks so again we want to be more productive we've talked about it on previous shows
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we are sorely underperforming in our productivity in our gdp metrics well i mean it would do it would
00:22:03.760
do wonders i would assume for our gdp to just be building our own stuff and using our resources
00:22:08.400
exactly right so make sure you do it at home so really that's what we're exactly we keep saying
00:22:13.680
um and then i would have tackled you know uh easy one i would have put together a reduction of
00:22:19.920
regulatory framework committee and a real one that would have went across and worked with the provinces
00:22:26.560
um to keep producing red tape or at least standardize something we're in one province
00:22:32.800
it's one way and you know the other side of the country it's completely different that makes having
00:22:37.840
national builders or national uh industry sector industry leaders uh it's preventative from them
00:22:44.000
doing business yeah yeah i agree yeah i agree you know and all these things while doing them
00:22:49.760
you ask yourself why not so why aren't we doing them so and i'm sitting there thinking to myself okay
00:22:58.000
if i'm in his shoes because you gotta you have to sympathize you know there's a lot going on um
00:23:02.560
it's a big uh he's tackling a big challenge the prime minister which i appreciate he's got a lot going on
00:23:09.120
you know but again he's got all this public goodwill his caucus quite frankly what can they say without
00:23:18.560
him they wouldn't have been anywhere right so it's not like they're all speaking just as surprised as
00:23:23.440
anybody that they're sitting there with jobs actually many of them exactly and they should be
00:23:27.280
grateful and quite frankly he should be telling them that that you know for now you need to ride my
00:23:32.080
coattails because i got you here i got you to the party yeah so relax let me dance for a while
00:23:39.040
and i need to get this back in order so yes they should all kind of sit down and he shouldn't be
00:23:44.320
having to negotiate it really feels like we're kind of negotiating our own party internally now for
00:23:49.760
some reason so this seems like we're not really dealing with the public and we're not dealing
00:23:54.400
with the conservatives or any other party we're dealing with our own internal issues right now so
00:23:58.960
it looks like they're at a cabinet table and someone's saying you know i want electric vehicles
00:24:03.840
and i i want carbon uh mandates back and i you know it looks like all this is coming back i really
00:24:11.440
don't think he should be not that he shouldn't be listening but quite frankly should he be entertaining
00:24:17.040
them at this point no i don't think so i i think you have to say listen guys i i have to get the country
00:24:22.880
back i have a plan that i have to yeah i have to focus on i i do think that it would have been
00:24:28.160
interesting to see uh and there's no reason for the for the pm to do this but it would have been
00:24:34.240
interesting to see him as a leader of a party and the country and peer polyev actually have an accord
00:24:41.200
for the moment that says okay can we create a justified list together that works you know yeah
00:24:49.360
but the problem is once they do that you've got one side screaming for a budget that the other one
00:24:54.240
doesn't have prepared that is based on spending the the year before that doesn't or the term before
00:25:00.880
that still hasn't been delivered so there's never there's no basis there's no level playing field for
00:25:07.120
us to work on yeah there's some catch-up right we have a we have some big catch-up to do but quite
00:25:13.040
frankly we should be doing that now um before we move forward and then once we get that out of the way
00:25:18.560
then we can sit down and figure out the projects but report on what's happened sit down figure it out
00:25:25.520
forget all these you know single new committees and then move forward and and get some consensus
00:25:32.400
on what the project should be well i remain confused about what the uh canadian sovereignty act will be
00:25:40.960
and i remain confused about what the major pro projects office will do but it's nice to hear
00:25:48.400
that there's an office involved in that these will not be bureaucrats working from home i'm assuming
00:25:52.880
they're going to have to go to the office then i hope so and you know what mike i i for all of you
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listening today i i hope you get a chance to watch i did a few shows uh on uh the budgets the 2024 budgets
00:26:05.520
before they they sit next week i hope you get some time please listen to them you know and uh
00:26:13.120
i'll vouch for this it's a great primer you'll understand much better how our spending has worked
00:26:19.360
it may enrage you to know the truth but at least you'll know going into this uh new term uh with
00:26:26.960
the new prime minister and uh this session where we stand it's very good i really loved it let's figure
00:26:32.800
out the set point of where we're at and then move forward but please watch and subscribe and and
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we look forward to catching up next week when we see the new development gosh paul you're good with
00:26:43.440
the numbers huh ah not bad thank you thank you
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