This week on The Corey Morgan Show, Corey talks about why he gets upset with Canada. He also talks about Justin Trudeau's recent trip to India and India's reaction to it, and why he should be mad at Canada.
00:00:30.720Good day. Welcome to the Corey Morgan Show. This is my weekly opportunity to bend your ear, tell you about the issues that are important, the issues that are breaking, or sometimes just the issues that are funny. And of course, lend my opinion and interpretation to all those news issues and items that are coming up. So thank you all for tuning in to join me for all of this this week. For those watching it live, make sure you use that comment scroll, guys, get in there, share your feedback, send questions my way, my guests' way.
00:01:00.000As I always kind of like to remind and warn you, I won't necessarily read them all out, but I do read them all. I see them there while I'm doing the show and I get some great feedback on there. So by all means, use it and stay civil with each other.
00:01:12.060I've seen some great discussions in the comment thread and I've also seen some pretty harsh ones. You know, the internet and threads and anonymous discussions are the most special of things. My wife, Jane, she's been suffering from an illness for quite some time. And either way, it's a very serious thing. She's doing okay.
00:01:28.580But there's an internet, you know, group on Facebook where they've been discussing support for each other. People are suffering from that same condition and, you know, lending help with each other. And apparently that group blew up with a whole bunch of infighting.
00:01:40.720Even health groups where you're lending each other support, people still manage to get at each other's throats. It's pretty sad. Actually, social media is such a great tool, such a great means of communication.
00:01:50.740But at the same time, we manage to sometimes turn it really negative. So let's, again, we can rant, we can complain, we can do a lot of things.
00:01:57.180We just don't have to cross those barriers and rip at each other to the point of splitting apart and getting unforgivable. Though, of course, I am talking about splitting the country up quite often, but that's a separate issue altogether.
00:02:09.420I'm going to start and get into a little why I get upset with this country. And it is through this eight years now, Prime Minister Justin Trudeau. Yes, he's gone to India again.
00:02:19.500He went to another summit. So after days of awkward moments, missed events, lost opportunities, Prime Minister Justin Trudeau's trip to India for the G20 summit mercifully came to an end.
00:02:32.160Oh, except it didn't. To add insult to injury, the political gods decided to have Trudeau's plane breaking down to leave him stranded in India for two more days.
00:02:41.100If years of Trudeau's inept diplomacy weren't enough to convince the world of Canada's irrelevance on the world stage, the nation's inability to get its own Prime Minister back to Canada drove the point home.
00:02:53.360No, Trudeau isn't personally responsible for the upkeep of the airplanes when it crashed years ago, if that was the case.
00:02:58.460But the confusion caused when the plane broke down showed how Canada just isn't a nation to be taken seriously anymore.
00:03:05.200I mean, how many developed nations would find themselves utterly crippled for days, trying to find alternative transportation for their leader in the case of a malfunction on a plane?
00:03:15.900Now, Justin Trudeau, he's long had a cold relationship with India's Prime Minister Modi.
00:03:21.540He was snubbed by Modi during his catastrophic 2018 trip to India, where he made international headlines with his ridiculous dress-up games.
00:03:29.640And he got a frosty reception from Modi during this latest trip.
00:03:32.800And after much arm-bending, Trudeau did manage to get a 10-minute informal pull-aside meeting with Modi.
00:03:39.180He then used that time to lecture Modi on foreign interference.
00:03:42.640In other words, he wasted Modi's time on an issue that really isn't pressing to him right now.
00:03:47.700For a reason yet to be disclosed, Canada just paused negotiations with India on trade negotiations,
00:03:53.000giving India a figurative middle finger just days before a world summit they were hosting.
00:03:57.620It didn't exactly warm the waters before Trudeau's visit.
00:04:00.300Modi had many extended and private meetings with leaders from other countries during the summit.
00:04:05.060They discussed important trade and global affairs issues.
00:04:10.080Nations are eager to develop relationships with that country.
00:04:13.320Aside from Trudeau, that is, who seems to go out of his way to antagonize them.
00:04:17.720Still, even if Trudeau didn't manage to make any progress with India on the trip,
00:04:22.420he had some important interactions with the leaders of the other 20 nations at the summit, right?
00:04:26.260Well, no. Aside from some photo ops with some other leaders, including an awkward one where it appears President Biden is chewing Justin out,
00:04:34.920Trudeau doesn't appear to have had any formal meetings with other leaders while he was there.
00:04:39.340The press, even the Canadian press, were curious, and they were pretty blunt when they asked Trudeau,
00:04:42.780well, what did you accomplish during this summit?
00:04:45.900Trudeau stammered and offered his usual word salad and said, gender inclusion.
00:07:59.600There's no policies looming that look like they're going to change his fortunes right now.
00:08:04.000He's in London at a caucus retreat where even the state broadcaster has mentioned that caucus members are getting pretty nervous.
00:08:11.200And they might, there's something, there's a difference between liberals and conservatives.
00:08:14.600They might start speaking up and asking Justin Trudeau to try and account for himself or even perhaps step aside.
00:08:21.180Now, conservatives, we never hesitate in asking our leaders to step aside.
00:08:24.960In fact, we're often too eager to do so.
00:08:26.640I think maybe finding somewhere in the middle between that blind, lemming-like following that liberals seem to do with their leaders and the prickly, ready-to-throw-our-leaders-under-the-bus attitude of conservatives and get good government.
00:08:41.480Somewhere in the middle is the better way to go, I guess.
00:09:13.080And I tell you, we've got a scary economic outlook ahead of us.
00:09:16.080Something I tweeted recently, if you want to be in my area, other playgrounds besides doing these shows, is on Twitter, at Corey B. Morgan.
00:09:58.820The problem is, and I know that they've extended the terms on them once.
00:10:03.220By the end of this year, by the end of December, those loans, you're either going to have to be paid out in full or the forgivable portion is going to be added to it and the interest is going to start to be charged.
00:10:15.860I mean, this is a credit on the government books.
00:10:18.360It's not so easy just to say, well, let's just forgive the loans or extend the terms or carry on kicking the can down the road.
00:10:22.860I understand why they aren't eager to do that.
00:10:24.860But we've got a lot of businesses that are hanging by a thread right now.
00:10:28.700And if they suddenly have that big debt on their books, they're suddenly paying the interest on it, you can bet a lot of them are going to say, you know what, that's it.
00:10:37.380We've been treading water for three years, four years with all of the misery of the pandemic and other pressures and challenges.
00:23:02.740That's what some people actually are debating online, comparing it with, well, look, we bought you a pipeline out west.
00:23:08.180Look at the favors we did for the west.
00:23:10.460It's a pipeline nobody asked them to buy.
00:23:12.820They drove out the private investor that was going to do it in the first place.
00:23:16.020But it also illustrates with the Trans Mountain expansion, when a government plans on something costing this much, it always ends up costing that much.
00:23:25.480I mean, where's the Trans Mountain now?
00:23:26.580It started at $4.5 billion to purchase, and they're getting up $30 billion, I think.
00:23:51.340Well, you get a political system that chased away Kinder Morgan when it wanted to invest billions of its own dollars twinning a pipeline that's already in existence.
00:23:59.780Well, you had the government reject the Northern Gateway pipeline.
00:24:03.300You had the government move the regulatory goalposts on the Energy East pipeline.
00:25:26.600Or the governor general spends $71,000 on ice limos during a four-day trip to Iceland when the hotel was, what, an eight-minute walk away from the main conference center?
00:27:27.360I mean, look, the carbon tax is costing the average family, the average family in Alberta, $710 this year, even after the rebates.
00:27:37.560But it gets worse because on July 1 of this year, the federal government brought in a second carbon tax.
00:27:43.820OK, now Trudeau is going to keep cranking up these carbon taxes until 2030.
00:27:49.840By that time, the carbon taxes alone will cost 55 cents a liter of gas, will cost the average family in Alberta more than $3,000 annually, even after rebates by 2030.
00:28:03.500So, you know, it's almost like there's just no give here.
00:28:23.020And meanwhile, the government is doing the one thing or is failing to do the one thing that it could actually control to make life more affordable.
00:28:39.060And it makes everything that relies on diesel and natural gas more expensive as well, which is almost everything.
00:28:46.160So as we kind of wrap up here, we know which taxes we'd like to see less of.
00:28:51.340Now, there's that love affair with Keynesian economics where they feel, though, it would hurt the nation too much if we stopped spending public dollars and pumping them into the economy.
00:29:00.600I don't think we fully agree with that.
00:29:02.320So what areas, though, because the cuts have to come, where can we cut without causing too much damage?
00:29:14.940I'll give overall and some brief things.
00:29:17.220So first of all, it's actually only a modest amount of spending restraint would balance the budget essentially tomorrow.
00:29:24.040All they would have to do is go back to the all-time high levels of spending before the pandemic in 2018, even adjusted upward for inflation and population growth, a balanced budget.
00:29:34.200And nobody was claiming that Trudeau was austerity in 2018, right?
00:29:40.240So it's actually very easy for any government who was even remotely caring about fiscal responsibility to balance the budget.
00:29:47.100Now, specifics, we talked about some, right?
00:30:40.280And folks, if you are curious about this, we have published a 75-page budget submission detailing all the different cuts that this federal government could and should make.
00:32:12.880You've got to call out your member of parliament, even if they're a conservative one, or MLA, if they're UCP or Saskatchewan party or whatever it is.
00:32:21.280You can't let them slide into the lazy world of just spending your way out of your problems.
00:33:52.700But you see, it creates that imbalance.
00:33:55.980It actually hindered people from migrating to the money when you take the money and move it to the people, which is an inefficient way to do it.
00:34:03.900I mean, we saw a lot of that when they were giving in the 90s preferential EI rates, all sorts of things like that to people in the Maritimes, whilst basically just gouging the hell out of Alberta while our economy was going strong.
00:34:15.780And listen, there were some fantastic Maritimers came out West and people from all over the country came out West and worked in the energy sector.
00:34:22.100I worked with them all the time out there.
00:34:23.780But there was a whole hell of a lot more who sat around on their asses with a growing sense of entitlement, saying, well, I don't care if our local economy is crap.
00:34:30.940The country owes it to me to be able to make my bills and stay here.
00:35:43.900What's the long game for those little communities when they have really no resources assigned from some sustenance, you know, hunting and trapping?
00:36:28.520I'm not saying kick everybody out of there either, but we've got to start getting realistic about how and why and how long we're sustaining some populations in areas that don't have the ability to sustain them.
00:36:41.760And maybe if we're not talking about moving the population out, then let's look at some of the resources we can exploit to make it sustainable for them to be there.
00:37:02.600They're not living in the nice romanticized, you know, at one with earth, you know, nature loving up there and building igloos or any of that crap.
00:37:11.800They live in houses with satellite dishes.
00:37:54.440So pumping subsidies into electric batteries when nobody wants the frigging things doesn't change the reality that nobody wants the frigging things.
00:38:01.920What a boondoggle this is going to be.
00:38:19.140They aren't going to make a better product.
00:38:21.340If you have a competitive market, maybe some creative company, inventor, some person is going to come up with a fantastic cost-effective battery,
00:38:28.300and it will ship things to an electric world.
00:38:30.680But right now, just pumping more money into technology that isn't ready to serve us yet is stupid.
00:38:36.780But when we look at who we keep re-electing as a prime minister, we shouldn't be so surprised that some things are stupid.
00:38:44.000Speaking of stupid, people, most of you have probably seen it.
00:38:48.300The Peel School District Board, those guys are nuts.
00:40:16.040They want to fill their heads with that woke crap that they've been filling them with for years.
00:40:21.040If they read actual history, if they read critical thought, if they read philosophy, if they read records of things that have happened and succeeded and or failed before them,
00:40:30.360they probably would drift away from that crazy woke junk.
00:40:33.500So, the school board is trying to pull the books and access away from these children.
00:41:10.480That means you do have the power to fire, but you've got to get off your ass and do it.
00:41:14.240You've got to find somebody sane who wants the job.
00:41:16.580That's a big ask because it's a thankless, miserable job.
00:41:19.260And you have to support them and you've got to get them in.
00:41:22.420The crazy wackadoodle left has realized that it's these small elected positions where they can really do the maximum, well, I would call it damage.
00:41:32.420They say the maximum social engineering to make it such a better fluffy world.
00:41:48.160Not learn to emulate their ideology, but learn how they've come up with the simple solution of taking advantage of the democratic tools that are right in front of them and using them.
00:41:58.180Have a look at your school board elections, guys.
00:47:10.900Feed wheat is unchanged at $3.58, while corn slipped $3 to $3.55.
00:47:16.040In the milling wheat markets, December Minneapolis futures inched up $2.5 at $7.81 per bushel.
00:47:21.520With local hard red spring bid for September movement at $9.25 per bushel delivered.
00:47:26.660Over to the oil seeds, nearby canola futures are off $1.90 at $750.40 per tonne, with delivered values for September movement at $1.667 per bushel.
00:47:38.520And in the post markets, red lentils are trading at $0.35 a pound.