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Pierre Poilievre, The Next Prime Minister of Canada?: The Economy Is About To Collapse!

April 02, 2026 / 01:55:53

This episode features Pierre Poilievre, leader of Canada's Conservative Party, discussing U.S.-Canada relations, energy resources, and political strategies. Key topics include the impact of Trump's presidency on Canada, the importance of oil supply, and the challenges faced by immigrants in Canada.

Poilievre criticizes the U.S. decision to act independently on the world stage, arguing that Canada has resources vital to U.S. interests, particularly oil. He emphasizes that Canada should be treated as a friend rather than an adversary.

The conversation also touches on the Iranian government's threats and the necessity of preventing them from acquiring nuclear weapons. Poilievre supports actions taken against Iran, citing their hostility towards Canada.

Poilievre shares personal stories about his upbringing and family, including his experiences as a father to a non-verbal autistic daughter, Valentina. He expresses the importance of compassion and support for individuals with disabilities.

Throughout the episode, Poilievre advocates for a merit-based society, emphasizing the need for policies that enable all Canadians to succeed regardless of their background.

TL;DR

Pierre Poilievre discusses U.S.-Canada relations, energy resources, and his personal experiences as a father of an autistic daughter.

Episode

1:55:53
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Trump threw the election and then
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thereafter said that
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>> Canada should honestly become our 51st
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state
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>> which is never going to happen.
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>> Pierre Polyv, leader of his majesty's
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loyal opposition. There's a significant
00:00:13
probability that you could be Canada's
00:00:14
next leader and your team said I can ask
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you whatever I want.
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>> Okay.
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>> So it appears that the United States
00:00:21
have made the decision to kind of go it
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alone in the world
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>> and that is a very big strategic
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mistake. In Canada's case, we have
00:00:27
everything the United States needs if
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they treat us like a friend. So, for
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example, we have the fourth biggest
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supply of oil. And if you look at the
00:00:34
leading five, which of these countries
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do you think the United States can most
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rely on?
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>> And I'm looking at the third vial there
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in the row, Iran.
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>> Mhm.
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>> Has Trump taken the right course of
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action?
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>> The Iranian government has been
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extremely hostile and very dangerous to
00:00:47
Canada. They are the leading world
00:00:49
sponsor of terrorism. And there's no
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doubt in my mind that the only reason
00:00:52
that they are enriching uranium is for
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the purpose of developing a weapon. And
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there's a far greater risk to them
00:00:59
having a nuclear weapon than even North
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Korea. So the initial actions were
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definitely necessary.
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>> But how do you think this plays out? And
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if Trump had called you and asked for
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your support, would you have given it?
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>> Well, let let's put it this way.
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>> What is the thing that you're most
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concerned about?
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>> We're overt taxing our population. We're
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punishing initiative. We have 20,000
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immigrant doctors who can't work in
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medicine. Wages have been destroyed.
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Young people can't start a family in
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this economy. And that is why the
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working class across the Western world
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is so angry. The good news is we can
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reverse all of that.
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>> And the other thing that I actually was
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really keen to talk about is this.
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>> Wow.
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>> I can see the emotion in your face.
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>> Yeah.
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>> It's still there.
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>> Yeah. I hadn't thought about that in a
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while.
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This is super interesting to me. My team
00:01:51
gave me this report to show me how many
00:01:53
of you that watch this show subscribe.
00:01:54
And some of you have told us according
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to this that you are unsubscribed from
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the channel randomly. So favor to ask
00:02:00
all of you. Please could you check right
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now if you've hit the subscribe button
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if you are a regular viewer of the show
00:02:04
and you like what we do here. We're
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approaching quite a significant landmark
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on this show in terms of a subscriber
00:02:09
number. So, if there was one simple free
00:02:11
thing that you could do to help us, my
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team, everyone here, to keep this show
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free, to keep it improving year over
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year and week over week, it is just to
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hit that subscribe button and to double
00:02:20
check if you've hit it. Only thing I'll
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ever ask of you, do we have a deal? If
00:02:24
you do it, I'll tell you what I'll do.
00:02:25
I'll make sure every single week, every
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single month, we fight harder and harder
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and harder and harder to bring you the
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guests and conversations that you want
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promise since the very beginning of the
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Dio, and I will not let you down. Please
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help us. Really appreciate it. Let's get
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on with the show.
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Pierre Polyv, leader of his majesty's
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loyal opposition. There is so much I
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want to talk to you about. I think you
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have a truly fascinating formative
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childhood. One of which I've I've really
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seldom seen on this show, especially
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when the person rises so high in their
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political ambitions. But I think the
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most appropriate thing to start with
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because it's just front of mind for me
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at the moment is what the hell is going
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on in the world?
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And I mean that's genuinely I'm I'm up
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all night trying to figure out if we're
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on the verge of World War II. What's
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going on with all these alliances we
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used to have? What is going on in the
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world?
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>> The history of starts really in the
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post-war period with a massive increase
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in the power and the wealth of the
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United States. They unleashed the
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capitalist system. They effectively
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buried the Soviet Union just by out
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hustling, out producing and out
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outgrowing until the Soviet Union
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collapsed. And then a new authoritarian
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power snuck up on the United States.
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China went from having 80% of its
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population living on one less than a
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dollar a day to being the second biggest
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economy in the world. At the same time,
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uh, the American working class has been
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thoroughly screwed over by relentless
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money printing that has inflated their
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cost of living while also inflating the
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wealth of of a small group of elites.
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And I think this resulted in a major
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push back. Now, some of that was
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justified. That push back is justified,
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but I also think some of it is very much
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unjustified. Tariffing countries like
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Canada makes no sense. uh if you're the
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United States, you should want more
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friends, more trade with those friends.
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And that's one of the reasons why I've
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been touring the United States to make
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the case for Canada and to remind our
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American friends that they are stronger
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working with countries like Canada and
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the United Kingdom than they are pushing
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those natural allies away.
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>> It appears that the United States have
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made the decision to kind of go it alone
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in the world. I mean, I was at Davos and
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I saw what Trump said. I saw a variety
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of things in the leadup to there talking
00:04:53
about taking Greenland, turning Canada
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into one of the United States 51st
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states. Is that what he said? 51st
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state.
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>> That's never going to happen.
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>> It seems to be very adversarial. And
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through my childhood and through my
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adulthood, over the last 30 years, the
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US has always been the strong ally, not
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an individualistic isolated force in the
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world. What's what's going on here?
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>> I think that is a very big strategic
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mistake. Uh I think America would be
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better off working with the the
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traditional Western alliance that helped
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win the Cold War. Uh we had a very big
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menace as a nuclear armed Soviet Union
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that was expansionary. Its empire was
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pushing eastward into Europe and the
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response of the United States was to
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build a strong NATO alliance and then to
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unleash its economy to just outproduce
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the Soviets and bring them to their
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knees. In Canada's case, we have
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everything the United States needs uh if
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they treat us like a friend. We have the
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fourth biggest supply of oil.
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>> You can see it here.
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>> That's right. We could uh maybe pull
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that over here. This is the oil reserves
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by country. As you can see, Canada is
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number four. And after us is Iraq and
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then the United States. But if you look
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at the leading five, which of these
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countries do you think the United States
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can most rely on? Is it Venezuela, Saudi
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Arabia, Iran, or Iraq? No, it's Canada.
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It works very well with American
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refineries and we sell it to the United
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States at enormous price discount.
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Furthermore, we could build up an
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enormous reserve of this oil so that if,
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god forbid, the straight of Hormuse were
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to be closed, just a random example,
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you're from the American America's
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friends in neighboring Canada would have
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a couple hundred millions barrels that
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are already produced and ready for use
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uh if uh if it's needed. So this is
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really uh kind of rocket fuel for the
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Canadian economy, but it's strategically
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important for our American friends. We
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could cooperate better on this if we got
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a friendly posture and a fully
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tariff-free trade ar arrangement with
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the US. What's interesting when I look
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at these uh vials of oil that we have on
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the table and I see that Venezuela's
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number one, Saudi Arabia is number two,
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Iran, Canada, Iraq, and then the US is a
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lot of these countries that have a lot
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of oil are in conflict with the United
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States right now.
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>> That's right.
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>> And it now as I look at this, it seems
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like I understand why. So, Venezuela, I
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mean, Trump just flew in and took the
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leader of Venezuela and his wife out of
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bed and sees the country. Iran, US are
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at war with Iran now. Um, Iraq, I mean,
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that's a a story already. And Canada has
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been the other one where it's been
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incredibly adversarial over the last
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couple of months. Is this just all about
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oil?
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>> Frankly, we don't really understand what
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the dispute with Canada is about because
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we've been a very good and friendly
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partner to the United States ever since
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the early 1800s before we even formed as
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a confederation. What I would say to
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Americans though is you shouldn't have
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to worry about all of these countries.
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If you're working collaboratively with
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Canada and you're trading freely with a
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a separate country to the north, then
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you will not be bound by what happens in
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these other less stable and arguably
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more hostile countries. What I believe
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we as Canadians need to do is use our
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natural resources as leverage to get
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what we want from this administration
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and future ones. What we want is
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tariff-free trade for our steel,
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aluminum, lumber, and automobiles.
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And in exchange for that, we can produce
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more oil and sell more of it at better
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prices to the United States of America.
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Oil is only one part of it. There's also
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the strategic minerals that are
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necessary for, god forbid, modern
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warfare, and we have those as well. We
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are a resource superpower, and I want to
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leverage that to get what we want from
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the US and from other nations.
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>> I'm looking at the third vial there in
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the row, Iran.
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>> Mhm.
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>> Has Trump taken the right course of
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action in bombing Iran in the way that
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he has? And the other question that's I
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think on everyone's mind is like, how do
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you get out of this? Is is this going to
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end? Well,
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>> the Iranian government has been
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extremely hostile and very dangerous to
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Canada. They killed 55 Canadian citizens
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and 30 permanent residents by shooting a
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civilian aircraft out of the sky, PS752,
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uh for reasons we still do not
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understand and with no explanation
00:09:27
whatsoever. They have unleashed agents
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into our communities and streets to
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harass the Jewish and Persian
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communities of Canada. and uh they are
00:09:36
the leading world sponsor of terrorism.
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It it is absolutely unacceptable for the
00:09:41
Iranian government to ever acquire
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nuclear weapons. And there's no doubt in
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my mind that the only reason that they
00:09:47
are enriching uranium is for marshall
00:09:50
purposes. There's no need to enrich it
00:09:52
to the degree they have in order just to
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have nuclear power plants. I have no
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doubt that they were doing it for u the
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purpose of developing a weapon and if
00:10:02
that were to happen uh it could be
00:10:04
catastrophic for neighboring countries
00:10:07
but also for far away lands if given the
00:10:10
ability to develop uh long range
00:10:12
missiles. So uh we my view and the view
00:10:15
of the Canadian government is that the
00:10:18
Iranian government cannot be allowed to
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develop nuclear weapons and any action
00:10:21
to stop them from doing that is
00:10:23
necessary for world peace. Was this
00:10:25
action necessary to stop that in your
00:10:27
view?
00:10:27
>> I think that the initial actions were
00:10:29
definitely necessary, particularly the
00:10:32
bombings four or five months ago to
00:10:34
target the nuclear development sites.
00:10:37
But I think any actions to degrade their
00:10:39
nuclear capabilities, prevent them from
00:10:41
ever achieving them is favorable. And I
00:10:43
hope that it will weaken the regime
00:10:45
enough for the people to overtake it and
00:10:48
claim control of their country.
00:10:50
>> It doesn't look like that's the case. I
00:10:52
think they've appointed the son of the
00:10:53
Ayatollah to lead the country now and
00:10:55
they seem to be firing at everybody in
00:10:57
the region. There was some reports that
00:10:59
they might have ballistic missiles that
00:11:00
could reach Europe as well. Yes. And and
00:11:02
this is what we have to stop. I mean the
00:11:05
idea that they are they are carrying out
00:11:06
this aggression simply because they've
00:11:08
been attacked is false. They would have
00:11:11
eventually carried it out. The question
00:11:12
is when and with what means. And if we
00:11:15
had just sort of slept and waited, we
00:11:18
would have ended up with a catastrophe.
00:11:20
This is different than North Korea.
00:11:21
North Korea was allowed to get nuclear
00:11:23
weapons, but they don't have the same
00:11:24
celestial fundamentalist ideology there.
00:11:27
Ultimately, the regime in North Korea is
00:11:30
interested in its own survival and its
00:11:34
power.
00:11:35
>> The regime in Thran has a theocratic
00:11:39
dream. They believe that there's an an
00:11:41
afterlife in which they could be
00:11:42
rewarded for carrying out mass
00:11:45
destruction on what they call the
00:11:48
infidels. They don't respond to
00:11:50
deterrence the same way that Pyongyang
00:11:52
in North Korea would. There's a far
00:11:54
greater risk to them having a nuclear
00:11:57
weapon than than even having that in in
00:11:59
a communist totalitarian state like
00:12:01
North Korea. But for Canada in this
00:12:05
environment, our superpower is again our
00:12:07
resources. And that's why it has been
00:12:09
one of my major obsessions to unblock
00:12:11
our resources, get them to tide water,
00:12:14
accumulate them in a strategic reserve
00:12:17
that would allow us to really flex our
00:12:19
energy muscles in environments like this
00:12:22
and also reduce dependence on regime
00:12:24
like Iran, like Saudi Arabia, like
00:12:26
Venezuela.
00:12:27
>> If Trump had called you and asked for
00:12:28
your support, had you been leading the
00:12:32
government of Canada, would you have
00:12:34
given the support? This is the big
00:12:36
conversation at the moment in the UK
00:12:37
because K Starmmer was reluctant to send
00:12:39
troops originally and it seems to have
00:12:41
irked Trump in an interesting way.
00:12:43
>> So our prime minister did support the
00:12:46
attack and I agreed with Prime Minister
00:12:49
Carney on that point. That is distinct
00:12:51
from contributing Canadian soldiers or
00:12:54
sailors and air crew. I'm not proposing
00:12:56
that we send ground troops to Iran and
00:13:00
we are not in a position right now to
00:13:02
supply a lot of the demands that this
00:13:04
conflict would require. It depends on
00:13:07
what they ask for um before we get an
00:13:09
answer from Canada on what what it is
00:13:11
that we can provide.
00:13:12
>> You're someone that knows a lot about
00:13:13
history. You seem to know a lot about a
00:13:15
lot, frankly. Um and I I don't know a
00:13:20
lot about a lot. So when you think
00:13:22
through how this could go, it doesn't
00:13:25
appear that the Iranians are going to
00:13:28
roll over very easily. The the Iranian
00:13:30
leadership are going to roll over very
00:13:31
easily. Trump doesn't appear to be a man
00:13:34
that likes taking hits to his ego. So it
00:13:36
doesn't appear that he's just going to
00:13:37
pull out and let you know things
00:13:39
unravel. Uh and then the third option
00:13:41
one would say is that they double down
00:13:43
even further and send troops to the
00:13:44
region. What how do you think this plays
00:13:46
out based on everything that you know
00:13:47
about both history about Trump and from
00:13:50
your pattern recognition?
00:13:51
>> Well, it could go a variety of ways.
00:13:53
Remember the first Persian Gulf War,
00:13:55
George Herbert Walker Bush decided that
00:13:58
he had downgraded and penalized Saddam
00:14:01
Hussein enough for the invasion of
00:14:03
Kuwait.
00:14:04
>> He declared victory and he moved on and
00:14:08
ultimately that left a lot of stability
00:14:10
in the region. his son then went and and
00:14:12
and pursued a full uh out-and-out regime
00:14:15
change and that was a much longer
00:14:16
enterprise. Uh the the president will
00:14:20
have to decide which of those two Bushes
00:14:22
he uses as a model. But I think that the
00:14:26
important thing is to know what the
00:14:27
objective is for me. The objective has
00:14:29
to be to make sure that the Iranian
00:14:30
government never gets the capacity to
00:14:32
send long range nuclear missiles to
00:14:36
countries uh or even short and medium
00:14:38
range to Israel for that matter. Beyond
00:14:41
that, I think it's up to the Iranian
00:14:43
people to take advantage of the weakness
00:14:46
of the regime and rise up and reclaim
00:14:48
their country. I I I don't think this
00:14:51
regime has popular support. Uh I know a
00:14:54
lot of Iranians, we're blessed to have a
00:14:55
lot of very secular, pro-western
00:14:58
Persians who live in Canada, are proudly
00:15:00
Canadian, and they will tell you that
00:15:03
there's almost no support for the regime
00:15:05
among the people of of Iran. Mhm.
00:15:07
>> They need to find a way to overturn the
00:15:10
regime. Uh, and that would that would
00:15:12
give a a lot of comfort and peace to the
00:15:14
rest of the world, but it would also
00:15:15
give democracy to a deserving people.
00:15:17
>> What would you do if you were Trump?
00:15:20
>> Oh, that's a good question. Um,
00:15:23
>> and no offense to
00:15:27
>> like I said, I would focus on the core
00:15:28
objective of making sure that there's
00:15:31
not a nuclear armed Iran without getting
00:15:33
involved in a permanent quagmire. So
00:15:36
everything's been bombed now. Fordo has
00:15:37
been bombed. So is this the time to pull
00:15:39
out then?
00:15:40
>> I think it all depends on the
00:15:41
intelligence they have about the nuclear
00:15:43
capacity. That that is the the hinge
00:15:46
point. We cannot allow a nuclearpowered
00:15:49
um Iranian military. That is what they
00:15:52
they need to determine.
00:15:53
>> For me at the moment it looks a little
00:15:54
bit like it's a little bit lose-lose for
00:15:56
Trump in an interesting way. And I think
00:15:59
this is also reflecting the fact that
00:16:00
nobody really has a perfect answer for
00:16:02
what to do next because it's all just
00:16:04
trade-offs. That's right.
00:16:06
>> That's right. I mean, that's what the
00:16:08
the great uh Thomas Soul said. There's
00:16:10
no solutions, just trade-offs in life.
00:16:12
>> And it's hitting the the price of um gas
00:16:14
at the pumps in a big way.
00:16:16
>> Yes.
00:16:17
>> A way that concerns you or
00:16:19
>> Well, it's funny you should ask because
00:16:21
it shouldn't have to concern Canadians.
00:16:24
Our enormous supply of oil should
00:16:27
actually insulate us from it. Normally
00:16:29
what what used to happen in Canada is
00:16:31
when the global price of oil rose, our
00:16:34
dollar would rise with it because people
00:16:36
would be buying more of our oil, which
00:16:38
meant they had to first buy our dollar.
00:16:39
A more powerful Canadian dollar meant
00:16:42
that we had more buying power for
00:16:44
internationally priced commodities like
00:16:46
oil and food. So, we used to be
00:16:48
protected from international oil price
00:16:52
increases in a way that we're not
00:16:54
anymore because our sector is no longer
00:16:56
as strong and as big as it was as a
00:16:58
share of our economy. And so, uh, what I
00:17:01
want to do is unleash oil production in
00:17:04
Canada, clear, uh, the regulatory
00:17:08
bureaucracy, the government gatekeepers,
00:17:10
get rid of industrial carbon taxes, and
00:17:13
have a stronger dollar that makes life
00:17:15
more affordable and much more
00:17:17
geostrategic power in the world.
00:17:19
>> There's a quite significant probability
00:17:21
that you could be Canada's next leader.
00:17:24
And for you to achieve all those things
00:17:25
you've just described, you'll need to
00:17:26
have, you know, productive relationship
00:17:28
with the United States. Trump if all
00:17:30
follows the law won't be able to be
00:17:32
elected. So it'll probably be a
00:17:33
different leader by the time that you
00:17:35
were in power. Although I know that you
00:17:37
know there could be a vote of no
00:17:38
confidence which mean that you could get
00:17:39
into power earlier.
00:17:41
>> Your relationship with Trump good, bad,
00:17:44
indifferent.
00:17:44
>> I've never met him.
00:17:46
>> I've never spoken to him. No, I don't
00:17:48
have. No. Um I made the decision that uh
00:17:51
we have one prime minister at a time and
00:17:53
because we are negotiating a trade deal
00:17:56
or it's more like a review of an
00:17:57
existing deal uh I don't want our side
00:18:00
as Canadians to be divided even though I
00:18:02
obviously disagree with my prime
00:18:04
minister on a whole range of policy
00:18:05
issues. I don't want to uh undermine in
00:18:09
any way the the Canadian side of the
00:18:11
bargaining table. I would only do that
00:18:13
kind of conversation with a teamwork uh
00:18:15
with the current government. But what
00:18:17
I've said is that our approach visa be
00:18:19
Trump should be to focus on what we can
00:18:21
control. So why not focus on what what
00:18:24
we can do at home? Um unlock our
00:18:26
resources, build up a strategic reserve
00:18:29
of of minerals that are important to our
00:18:33
American friends, but also to our other
00:18:35
allies. Clear the way to export more
00:18:38
goods to overseas markets. uh build
00:18:40
alliances with the United Kingdom, New
00:18:43
Zealand, Australia uh to diversify and
00:18:46
become more self-sufficient.
00:18:48
>> You keep using this word unlock.
00:18:50
>> Yes.
00:18:50
>> And clear the way.
00:18:51
>> Yes.
00:18:52
>> What are you referring to when you say
00:18:53
clear the way and unlock?
00:18:55
>> Removing bureau bureaucratic obstacles.
00:18:57
Um the the resources we have are
00:19:00
massively profitable for the private
00:19:03
sector to mine, refine, store, and ship
00:19:08
as long as they can get the permits and
00:19:10
the low enough taxes to do it. So we
00:19:13
need to remove those obstacles so that
00:19:15
it now becomes uh possible for private
00:19:18
investment, not subsidized by
00:19:20
government, no handouts for business,
00:19:23
but private investment to unlock and
00:19:25
unblock those resources. You're just
00:19:27
saying there you don't want to get in
00:19:28
the way of Mark Carney.
00:19:30
>> Well, I I don't want to get in the way
00:19:32
of of negotiations with a foreign
00:19:34
country. I obviously my job is to to be
00:19:38
his opposition in the House of Commons
00:19:40
on domestic issues and even on
00:19:42
international issues, but not to do so
00:19:44
in a way that undermines the national
00:19:45
interest.
00:19:46
>> A lot of countries aren't like that. It
00:19:48
was interesting because you're on Joe
00:19:49
Rogan's show. It's got a global
00:19:50
audience.
00:19:50
>> Yes.
00:19:51
>> So, you know, if you talk about him
00:19:52
there, you're talking about him all over
00:19:54
the world. And you said you wouldn't
00:19:55
criticize the leader of the opposition
00:19:58
unless you were in Canada. But you know
00:20:00
that you know you're reaching everybody
00:20:02
everywhere all the time.
00:20:03
>> That's true.
00:20:04
>> No, that's true. That's true. But uh I I
00:20:06
just think it's it's a good principle to
00:20:08
follow particularly during a negotiation
00:20:11
that's happening across the border in
00:20:13
that country. like you know I think it
00:20:15
would be a little different if we were
00:20:17
in normal times and there was no trade
00:20:18
dispute or if we were in a country with
00:20:20
which we have no particular contention
00:20:22
that for me to say something critical
00:20:24
about the government's policy back home
00:20:26
would not have any repercussions for the
00:20:28
nation but particularly over the next
00:20:30
several months while these talks are are
00:20:32
hopefully going to go on uh I want to
00:20:34
get the best outcome for Canada and I
00:20:36
have to put my country above myself.
00:20:38
>> Why are you better than the current
00:20:41
leader of the Canadian government? Well,
00:20:44
what what what is it you offer that is
00:20:45
better than what he has to offer?
00:20:47
>> My mission is to make Canada the most
00:20:51
affordable
00:20:52
uh freest and richest country in the
00:20:55
world. My upbringing, I grew up in very
00:20:58
humble beginnings. I grew up surrounded
00:21:00
by working-class people. Yeah, these are
00:21:02
my folks. Yeah, that's an old one.
00:21:04
>> Got a photo of you there and your your
00:21:06
parents and your is it your stepbrother?
00:21:08
Your half brother?
00:21:09
>> Half brother. Yes. So, uh it's my dad
00:21:11
and my my mother. or they were school
00:21:13
teachers. Uh my brother is my half
00:21:15
brother because we came from the same
00:21:16
biological mother but a different
00:21:19
biological fathers adopted into the same
00:21:21
family. Kind of a complicated story.
00:21:23
>> Your biological mother adopted you at 16
00:21:25
years old.
00:21:26
>> Put us up for adoption at 16 years old.
00:21:28
She was 16 and then um then about 3
00:21:31
years later she had another little boy
00:21:33
and he Patrick was then uh adopted by
00:21:36
the same parents.
00:21:37
>> And they were two teachers that adopted
00:21:38
you and Patrick.
00:21:39
>> Yes, that's right. Yeah. I still
00:21:40
remember when we went to pick him up. It
00:21:42
was uh so we we went to this um we got a
00:21:44
phone call and he said, "There's a
00:21:46
little boy who happens to be half
00:21:47
brothers with your with with Pierre.
00:21:49
Would you like to to adopt him, too?"
00:21:51
And he said, "Absolutely." So, we went
00:21:53
over to this building and we walk into
00:21:55
this room and there were all these rows
00:21:57
of babies
00:21:59
>> and uh you know, we walked past them and
00:22:01
then we said, they said, "That's him
00:22:03
right there." And that was when I met my
00:22:04
brother. You know, we picked him up.
00:22:06
That's why I thought that's where babies
00:22:07
came from. There was a store. you know,
00:22:09
we go to a store and get your your
00:22:10
groceries. There's a store where you can
00:22:11
go and get a baby. That's what I thought
00:22:13
cuz that was my first experience with
00:22:15
it. And um we brought him home and and
00:22:17
we grew up in working-class
00:22:18
neighborhoods. When I was about 3,
00:22:20
fourish, uh we lost everything. We got
00:22:23
smashed by high interest rates. My
00:22:26
mother had had saved up enough to buy
00:22:28
two little rental properties. We lost
00:22:30
those and our home and had to borrow
00:22:33
from our grandfather to get a down
00:22:35
payment so we'd have a place to live. My
00:22:37
dad was driving this old mobile that was
00:22:39
falling apart and our neighbors were,
00:22:41
you know, workingass folks. They were
00:22:43
just, you know, electricians, uh, oil
00:22:45
workers, police officers. So, that's
00:22:48
those are the people I grew up with. And
00:22:50
I always grew up admiring those those
00:22:52
people, uh, admiring what they were able
00:22:54
to do and believing that they were
00:22:57
generally taken advantage of by
00:22:59
government, never listened to, and
00:23:01
definitely and kept on the outside of
00:23:03
decision-m.
00:23:04
And my mission has been to bring back
00:23:07
what I call the promise of Canada that
00:23:10
uh anyone can achieve anything. It
00:23:12
doesn't matter if you start off as an
00:23:13
adopted kid uh raised by school teachers
00:23:16
uh or you know an immigrant from
00:23:17
Batswana who uh grows up really poor. If
00:23:21
you you work at it, you should be able
00:23:23
to buy a house uh launch a business,
00:23:26
become a you know a famous global
00:23:28
podcaster uh or maybe cure a disease.
00:23:31
And that was what Canada was all about.
00:23:33
And that is what I'm trying to
00:23:34
reinstate.
00:23:36
>> What age do you get to meet your
00:23:37
biological mother for the first time?
00:23:39
>> 21 22. My adopted mother was very
00:23:44
gracious because I said I won't meet my
00:23:47
biological mother without the permission
00:23:50
of my adopted mother. She did all the
00:23:52
work of raising me. all the hardships,
00:23:53
all of my she put up with all of my
00:23:56
rambunctiousness and teenage years and
00:23:58
uh drove me to hockey practice and you
00:24:01
know emptied her bank account to pay for
00:24:03
our food and stuff. So I did not want
00:24:05
her to feel like she was going to be
00:24:07
left behind or forgotten about or
00:24:09
replaced. And I asked her, you know,
00:24:11
would you be okay if I met her? And she
00:24:14
said, "Yes, of course, cuz I won't
00:24:15
always be here and I always want you to
00:24:16
have a mother." And I thought that was
00:24:18
um a really incredible thing to do
00:24:21
because it's so big part such a big part
00:24:24
of um a mother's identity is that they
00:24:27
are the mother of that child. But to
00:24:30
have a love that's so much deeper than
00:24:33
that personal identity or interest is
00:24:36
something I'll always remember. It's one
00:24:37
of the most gracious things I've ever
00:24:38
seen.
00:24:39
>> I can see the emotion in your face as
00:24:40
you say it.
00:24:41
>> Yeah.
00:24:42
>> It's still there.
00:24:43
>> Yeah. I hadn't thought about that in a
00:24:45
while.
00:24:50
What beautiful people.
00:24:51
>> Yes, we're very blessed. And uh
00:24:54
um and it's and it's it's it's people
00:24:56
like these that inspire me that uh keep
00:24:59
me going in in uh in this crazy world of
00:25:02
politics.
00:25:03
>> So you get to meet your biological
00:25:05
mother at 21, 22.
00:25:06
>> Yeah, around that.
00:25:07
>> Yeah.
00:25:08
>> What does one say? What are the
00:25:09
questions one needs to ask if any?
00:25:15
I'm trying to remember. We went on we
00:25:16
went on a bit of a road trip from uh
00:25:18
Ottawa to Montreal and we just got to
00:25:21
know each other. Uh she had a lot of uh
00:25:24
questions about how my life had been and
00:25:27
uh I had a lot of questions about our
00:25:29
our biological family, about her father
00:25:31
who was a really great man. I would go
00:25:33
on to meet a great Irishman
00:25:36
and um the circumstances that led to my
00:25:40
my conception and and birth. And I
00:25:43
really came to understand her decision
00:25:45
to put me up for adoption. And I've
00:25:47
never been resentful for it at all. She
00:25:48
she was 16. She just lost her mother to
00:25:51
a heart attack. She um didn't have a lot
00:25:55
of means. And she just made a selfless
00:25:56
decision that we would have more
00:25:58
opportunity if we were raised by someone
00:25:59
else.
00:26:00
>> Did you ever learn anything about your
00:26:02
biological father?
00:26:03
>> Yes. Yeah. He he works at at a um a
00:26:09
concrete plant in British Columbia. And
00:26:11
so I went and met him. He's a great
00:26:13
father with children that that he
00:26:14
subsequently had and raised and and so
00:26:17
he he's a very good man as well. And my
00:26:19
my adoptive father is a a teacher and uh
00:26:22
he gave me a lot of uh wonderful lessons
00:26:25
and I think is responsible for my way
00:26:27
with words.
00:26:29
>> Marlene and Donald.
00:26:30
>> That's right.
00:26:31
>> So Marlene's your adopted mother.
00:26:33
Donald's your adopted father. They
00:26:34
divorce when you're 12 years old.
00:26:36
>> Yes. It would be around that time. I was
00:26:38
in grade five.
00:26:39
very difficult time for parents to
00:26:41
divorce. Very difficult time. I remember
00:26:43
that that period of life very very
00:26:45
clearly because I remember one day my
00:26:47
parents coming to me and telling me that
00:26:48
they didn't love each other anymore that
00:26:49
they were going to get a divorce. They
00:26:50
didn't.
00:26:51
>> Okay.
00:26:51
>> But I remember bit which you know I
00:26:53
think did enough damage for but it was
00:26:55
around that age and I I remember where I
00:26:57
was stood in the house. I remember what
00:26:59
I was wearing when they said that to me
00:27:01
cuz it's earthshattering.
00:27:03
>> It is actually.
00:27:04
>> I just can't I can't unforget it. It was
00:27:05
it was traumatizing. Well, we were my
00:27:08
dad told me and he wanted to tell me
00:27:10
alone. So, he we we got into uh the car.
00:27:13
He said he wanted to take me for a drive
00:27:15
and we drove to the local corner store
00:27:17
and we parked in the car and he told me
00:27:19
that there. But it is very traumatizing
00:27:21
and um but at the same time like they
00:27:25
were very very good parents. So, I I I
00:27:28
don't judge them for how they ended up
00:27:30
uh apart. Uh we were very blessed. Uh,
00:27:33
you know, they gave me a great start in
00:27:35
life. Even though they weren't together,
00:27:37
they they loved us very much and they
00:27:38
gave us all all they could.
00:27:40
>> And Donald would would eventually come
00:27:42
out as gay.
00:27:42
>> That's right.
00:27:43
>> One would assume that he was dealing
00:27:44
with the conflict of feelings.
00:27:47
>> Yes.
00:27:48
>> For much of the time,
00:27:49
>> he had been raised in a very devotly
00:27:51
French Catholic household and that's why
00:27:52
we have a French name. And before he got
00:27:55
married, he'd even consider going into
00:27:56
the priesthood and he so he was a very
00:27:58
devoutly Catholic person. He genuinely
00:28:00
loved my mother, but obviously he wasn't
00:28:03
programmed uh that way. You know, he has
00:28:05
a wonderful partner and we're friends
00:28:07
with uh very close with him and his
00:28:09
partner Ross right now.
00:28:11
>> Do you see how that's changed you as a
00:28:13
man um as you've grown up, whether it's
00:28:15
your sort of your perspective on what
00:28:17
love and romance is or anything else? I
00:28:20
think that if everything just been, you
00:28:21
know, white picket fences and, you know,
00:28:24
hu, you know, totally predictable and as
00:28:27
then then I wouldn't be the kind of
00:28:29
person I am today. I think it's also,
00:28:32
you know, it's it's like you I would you
00:28:34
have been as successful as you are if
00:28:36
you had had a very easy childhood? I
00:28:38
doubt it. I bet all the the hardships
00:28:40
that you had and the the twists and
00:28:43
turns that took you from Batswana to the
00:28:44
United Kingdom and and then onward
00:28:47
probably gave you some superpower. And
00:28:49
so uh this I think it gave me the chance
00:28:52
to understand that you have you don't
00:28:53
judge people. You you love them for who
00:28:56
they are. My parents also taught me an
00:28:59
important lesson that uh Shakespeare
00:29:01
says to thine own self be true. Um my
00:29:04
mother had when she was a a small baby,
00:29:08
she was in a car accident and her
00:29:10
fingers were burned off and she had
00:29:11
horrible scars um horrible burns on her
00:29:14
hand at the time. And as I got to my
00:29:18
adolescence, I said to my dad, um did it
00:29:21
ever bother you when you started dating
00:29:22
her that she she had this injury?
00:29:26
And he said, "No, because it didn't
00:29:28
bother her. She was totally at peace and
00:29:31
she never hid it." It wasn't long after
00:29:33
we met that I forgot it was even there.
00:29:36
And the message that I took from that is
00:29:39
be yourself. Don't try to hide the
00:29:42
scars. Scars are the trophies of
00:29:44
survival.
00:29:46
So those are some of the the lessons
00:29:48
that my mother and father taught me. And
00:29:49
my dad was the same about who he was. He
00:29:52
just lived his life unapologetically and
00:29:55
openly and he never apologized for who
00:29:57
he was. And that has stayed with me.
00:30:00
When you speak of Marlene, you you speak
00:30:01
up with her with a great fondness and
00:30:03
expression in your face that you know I
00:30:04
sit I've sat here six 700 times. So you
00:30:06
get to see who matters most to people in
00:30:09
their lives just by looking at their
00:30:10
face.
00:30:12
And she's she's clearly on the podium.
00:30:16
>> Yeah. She's a very feisty little lady,
00:30:18
very short and very uh very forceful.
00:30:22
She she taught me a lot about being, you
00:30:24
know, pugnacious and fighting for what
00:30:26
you want and what you need in life. and
00:30:29
um and we argued a lot when I was a kid
00:30:32
and I think that maybe forged some of my
00:30:35
current uh political uh argumentation as
00:30:38
well. My wife is a has a big part of it
00:30:40
as well. She's a very strong feisty
00:30:43
intelligent lady with an incredible
00:30:45
upbringing as well. She's a a refugee
00:30:47
from Venezuela and came with really
00:30:49
nothing. And so she has this sort of
00:30:51
maggyver like skill set to to get
00:30:54
anything done no matter how difficult
00:30:57
the logistics. So I've been very very uh
00:30:59
blessed with strong women around me.
00:31:02
>> At a very young age, it appears that you
00:31:04
took a a liking to politics. I mean you
00:31:08
I mean you mentioned hockey first and
00:31:10
Marlene taking you to hockey. I've got a
00:31:12
found a couple of photos of you playing
00:31:13
hockey which I found to be quite
00:31:14
interesting but um
00:31:15
>> yes
00:31:16
>> but politics when did politics come into
00:31:19
your your psyche?
00:31:20
>> I would have been uh kind of in my mid-
00:31:22
teens. Well, I I got into football, hurt
00:31:25
my back in football, so I couldn't stay
00:31:28
on the team. My mother had always gone
00:31:30
to these sort of local conservative
00:31:32
meetings. Um sometimes just bringing
00:31:34
baked goods or uh attending a volunteer
00:31:37
meeting. And I said, "Well, why don't
00:31:38
you bring me to one of those cuz I'm
00:31:40
bored out of my skull." And she did.
00:31:42
This gives me meaning. This gives me
00:31:44
purpose. I want to go and pursue this.
00:31:46
So, I started getting more and more
00:31:48
involved. I got an internship uh making
00:31:50
almost no money and uh and dressing up
00:31:53
in a used suit and really threw myself
00:31:56
fully into this mission.
00:31:58
>> One of the books that I um I realized
00:32:00
you'd read at that time from some
00:32:01
research is this book Adam Smith the
00:32:03
theory of moral sentiments.
00:32:05
>> Yes. So this is this really this book
00:32:09
has to be accompanied by its more famous
00:32:12
sister book which is the wealth of
00:32:14
nations which that's the book that most
00:32:16
people know Adam Smith for. think of him
00:32:18
as kind of the father of capitalism
00:32:20
because in 1776
00:32:22
he wrote this book which described what
00:32:25
we now call the free market system. And
00:32:28
this was a really revolutionary idea
00:32:30
because up until then we basically had
00:32:32
various forms of feudalism.
00:32:34
>> What's that?
00:32:34
>> Where a small group of lords and knights
00:32:37
and aristocrats control all the land and
00:32:41
the the the great masses do all the
00:32:43
work. And so you called them surfs. They
00:32:46
would uh do all the heavy labor and then
00:32:48
the lords of the manor would would take
00:32:50
all of the benefit. Along came the
00:32:53
system of free enterprise that Adam
00:32:55
Smith describes which is basically it
00:32:58
has a very simple premise voluntary
00:33:00
exchange of work for wages, product for
00:33:03
payment and investment for interest. And
00:33:06
that the economy rather than being
00:33:08
guided by the iron fist of the king or
00:33:11
the state is guided by the invisible
00:33:13
hand of the free market. And this had
00:33:16
been it had been thought that this was
00:33:17
crazy. How could the economy just sort
00:33:19
of run itself? And the answer is through
00:33:21
price signals. If the price of something
00:33:23
goes up, people just automatically start
00:33:25
making more of it. And if you need more
00:33:27
workers to make that thing, well, you
00:33:28
raise the wages and all of a sudden,
00:33:30
what do you know? The workers arrive.
00:33:32
And this system is absolutely ingenious.
00:33:35
Like, it's why when you go into a coffee
00:33:37
shop and you buy your coffee, you say
00:33:39
thank you. They don't say you're
00:33:40
welcome. They say thank you because they
00:33:43
have something worth more to them than
00:33:44
they had before, the money, and you have
00:33:46
something worth more to you than you had
00:33:48
before. And this voluntary exchange puts
00:33:50
everyone on equal scale. Even if you're
00:33:52
a massive corporation, you want to sell
00:33:54
something to a 15-year-old kid, you have
00:33:56
to convince them that's worth more than
00:33:57
the cost. So, everybody has to be better
00:34:00
off in the exchange for it to occur. And
00:34:02
that was how free enterprise formed. And
00:34:05
it has led to a spectacular increase in
00:34:08
the quality of living and the economic
00:34:10
growth 200fold increase in economic
00:34:12
growth in the in the free enterprise era
00:34:14
versus the feudal era. So a lot of
00:34:17
people thought Adam Smith is only
00:34:19
interested in a in a system where people
00:34:21
are out serving themselves their
00:34:24
self-interest. That's what they took
00:34:26
from the statement in the wealth of
00:34:27
nations that it is not from the b
00:34:29
benevolence of the brewer, the baker or
00:34:32
the butcher that we get our meal but
00:34:35
from his own self-interest.
00:34:37
But that was only half the story. The
00:34:39
other half was in this book called the
00:34:41
theory of moral sentiments in which he
00:34:44
explains how self-interest overlaps with
00:34:49
virtue. So what he said is that we have
00:34:53
something called fellow feeling which is
00:34:56
to say we feel for the other person and
00:35:00
we feel good when someone else does
00:35:02
good. It's why we explain that you know
00:35:05
people donate to charity or they leave
00:35:07
the door open for a stranger or they
00:35:09
might help an injured person uh on the
00:35:12
street because they feel bad when they
00:35:14
see someone else their fellow suffering
00:35:16
and they feel good when they see him
00:35:18
succeeding. And that's why it's called
00:35:20
sentiments because you feel these
00:35:21
things. I saw this in my own son. He um
00:35:24
for the first time he got a little toy
00:35:26
and he gave it to his sister. It was the
00:35:28
first gift he'd ever given his life. And
00:35:30
he was so happy. Like he literally ran
00:35:33
in a big circle around our the foyer of
00:35:35
our of our residence and just laughing
00:35:37
and screaming. It just made him so
00:35:39
happy. Happier than she was to even
00:35:41
receive it. And this is the best of
00:35:43
human nature that his interest, his
00:35:45
happiness was served by seeing his his
00:35:48
sister better off. And this is really
00:35:51
laid out in some detail in the theory of
00:35:53
moral sentiments. And it for me it's
00:35:55
like it like brings together all of
00:35:58
human nature in one place. Now he's not
00:36:01
naive. He does accept that there are
00:36:03
bad, you know, dark angels in our
00:36:04
nature, but he gives the only plausible
00:36:07
explanation that I have seen about how
00:36:09
you intersect self-interest with
00:36:13
altruism.
00:36:14
>> And how did that change your perspective
00:36:16
and therefore you know your policies and
00:36:18
your career? I have found that
00:36:23
those who push a socialist ideology have
00:36:26
a gross contradiction
00:36:29
in their view of human nature. They say
00:36:33
that human beings are wretched,
00:36:35
self-interested, greedy when they're in
00:36:38
the private voluntary economy, but
00:36:41
they're angels when they're in the
00:36:42
governmental economy. And therefore they
00:36:44
argue that the government should just
00:36:45
control everything because then we have
00:36:47
all these angels that will decide for
00:36:50
us, decide what we get to where how our
00:36:52
money is spent, what we're supposed to
00:36:53
believe in the modern day what kind of
00:36:56
vehicles we drive, what we should think.
00:36:59
Um but that is a a huge contradiction.
00:37:02
If a if a man if man is not capable of
00:37:04
deciding for himself, surely he's not
00:37:06
capable of deciding for others. And I
00:37:08
think the worst the worst vices in human
00:37:11
nature come out when there is too much
00:37:13
power and concentrated in their hands.
00:37:16
Absolute power corrupts absolutely. So
00:37:19
my ideology is that we should disperse
00:37:22
power that it should be a bottom-up
00:37:24
system with as much freedom and agency
00:37:26
as humanly possible that people should
00:37:28
be free to choose for themselves and
00:37:31
that the go the purpose of the
00:37:32
government is to do only those things
00:37:34
people cannot do for themselves. I guess
00:37:36
if there's, you know, socialists
00:37:38
listening now, they might think, well,
00:37:40
we tried this sort of capitalistic
00:37:41
approach to the economy and it's
00:37:44
resulted in us being able to buy less uh
00:37:47
food and vegetables for our money. It's
00:37:49
mean the price has gone up at the pumps.
00:37:51
People are struggling. It seems that
00:37:53
inequality has widened and the the
00:37:55
working class seem to be struggling more
00:37:57
now than ever before. They can't buy
00:37:58
homes anymore like my my parents or my
00:38:01
grandparents could could have. So
00:38:03
clearly we need socialism they would
00:38:05
argue because the current system has not
00:38:07
worked.
00:38:08
>> Well, what we have now is socialism for
00:38:11
the very rich. We have governments that
00:38:13
are actively redistributing wealth from
00:38:15
the working class to the very very
00:38:18
wealthy. And that is why we see record
00:38:22
inequality. Government is actively
00:38:24
intervening in the economy to forcefully
00:38:26
redistribute wealth up the chain.
00:38:30
>> Up the chain.
00:38:30
>> Absolutely. And there are countless
00:38:32
examples of it. When they block home
00:38:34
building with heavy regulations, they
00:38:36
limit the supply of homes. Those who
00:38:37
have mansions therefore are wit richer
00:38:39
because their houses are worth more. But
00:38:42
young people, newcomers, working-class
00:38:43
people can't actually get a home. Uh
00:38:46
that is a one example of state
00:38:48
intervention. Well, we could do maybe do
00:38:50
an illustration here.
00:38:51
>> Okay. So, this is um this is the total
00:38:53
amount of land in Canada.
00:38:55
>> Yes.
00:38:55
>> Where homes could be built. And actually
00:38:57
this is quite reflective I think of the
00:38:59
much of the western world even the UK
00:39:02
>> and this is a penny.
00:39:03
>> Yes.
00:39:03
>> Do you you understand this
00:39:04
demonstration?
00:39:05
>> Yes. I think what you're trying to say
00:39:06
is that this is about how much land we
00:39:08
live on.
00:39:08
>> Yes.
00:39:09
>> Yes.
00:39:09
>> So um Canada is a great example of this
00:39:13
because we have 10 times as much land
00:39:16
per person as the second closest G7
00:39:18
country. And yet we have the fewest
00:39:22
homes per capita to live in. And why is
00:39:25
that? It's because that the vast
00:39:27
majority of the cost that goes into
00:39:28
building a new home is not land, labor,
00:39:33
or lumber. It's government. It's
00:39:36
government taxes, fees, charges, uh,
00:39:39
bureaucracy,
00:39:40
lobbyists, consultants. So if you think
00:39:43
of this home here,
00:39:46
this home here in Canada, when you buy
00:39:50
this house, more of the money for your
00:39:51
purchase would go to bureaucrats in
00:39:53
office buildings than to the carpenters,
00:39:56
electricians, and plumbers who actually
00:39:58
build the home.
00:39:59
>> Why? How?
00:40:00
>> Because the bureaucracy has grown like
00:40:02
um any organism in nature which seeks to
00:40:05
to survive and multiply. They uh give us
00:40:08
the second slowest building permits of
00:40:10
any country in the OECD. They charge
00:40:13
enormous development taxes which started
00:40:16
out just to pay for plumbing and and
00:40:19
roads for the the related housing but
00:40:22
now have grown into just a huge cash cow
00:40:25
for local governments because sales
00:40:26
taxes still apply on most new homes. And
00:40:29
all of that gets consp.
00:40:36
In fact, we uh we are the most expensive
00:40:38
in the G7 even though we should be it
00:40:40
should be dirt cheap to own a home in
00:40:42
Canada because we have the most dirt to
00:40:45
build on. Uh and my goal is to remove
00:40:48
all of that bureaucracy speed have the
00:40:51
fastest permits in the world and and
00:40:53
make it tax-free to build homes so that
00:40:55
everyone can afford one. I was reading
00:40:57
some stat that said, again, I might
00:40:59
butcher this a little bit, but it said
00:41:01
that Canada needs to build between four
00:41:04
roughly 450,000 new homes every single
00:41:06
year until 2035.
00:41:09
>> Yes.
00:41:09
>> Just to restore affordability.
00:41:11
>> That's right. And we're building about
00:41:14
240,000 per year. So, we need to roughly
00:41:18
double our home building to do that. The
00:41:21
good news is we have 100,000 Well, it's
00:41:23
not good news. We have 100,000
00:41:25
unemployed construction workers who'd be
00:41:26
happy to pick up a hammer and start
00:41:29
building. We have hundreds of billions
00:41:31
of dollars of investment that's ready to
00:41:33
do it. We have an abundance of land.
00:41:35
What we need are fast permits and low
00:41:36
taxes so that we can unlock that
00:41:38
building.
00:41:39
>> What is the case for slow permits?
00:41:41
>> There isn't one.
00:41:43
>> There isn't one.
00:41:43
>> Zero. There is no benefit to having slow
00:41:46
permits. They do not protect the
00:41:48
environment. They do not uh protect
00:41:50
public safety. We used to build houses
00:41:54
um a lot faster and they didn't fall
00:41:56
down. After the Second World War,
00:41:58
permits were almost instantaneous. We
00:42:00
had a massive buildup of homes so that
00:42:02
our returning veterans could have a
00:42:03
place to live. In many neighborhoods of
00:42:05
Canada, those homes are still standing.
00:42:07
They have not collapsed. There's no I'm
00:42:10
not saying we get rid of building codes.
00:42:12
They should all have to follow standards
00:42:15
of environmental responsibility and be
00:42:17
fire resistant and and safe. But it
00:42:20
doesn't it shouldn't take seven years to
00:42:21
approve a subdivision to do that. We we
00:42:23
know how the the developers know how to
00:42:26
build according to the rules. They just
00:42:28
need quick permits and freed up land to
00:42:30
do it.
00:42:30
>> You'd think now with AI you'd be able to
00:42:32
approve these permits within minutes.
00:42:34
>> Look, with all the technology, housing
00:42:36
should be so much cheaper than it than
00:42:38
it was before. Uh in fact, everything
00:42:41
should be so much cheaper. But this is
00:42:43
another area where government is re
00:42:45
redistributing wealth from the working
00:42:47
class to the super rich. It's the
00:42:50
monetary inflation where we're creating
00:42:53
cash at a far faster rate than we're
00:42:56
creating the stuff that cash buys. We've
00:42:58
in Canada increased the number of homes
00:43:01
over the last 10 years by 13%. But we've
00:43:04
increased the money supply by 100%. In
00:43:07
other words, there is now eight the the
00:43:10
growth in the money supply is eight
00:43:11
times faster than the growth in the
00:43:13
growth in the housing supply,
00:43:14
>> which means for the average person that
00:43:17
it bids up the price. Now, you might
00:43:19
say, well, if everybody's equally
00:43:20
getting their share of that money, then
00:43:24
who cares? But they're not. There's
00:43:26
something called the Catalon effect,
00:43:28
which is that the first people to touch
00:43:30
the money in a uh monetary expansion are
00:43:33
those who are already wealthy and
00:43:35
already connected to the financial
00:43:37
system. So when government creates cash
00:43:39
to fund its deficits, it doesn't just
00:43:41
dump the the bills out of an airplane
00:43:42
into a suburban neighborhood. It injects
00:43:45
it into the banking system by buying
00:43:47
government bonds at inflated prices. And
00:43:49
those who trade in those bonds are the
00:43:51
first to get the cash. Those connected
00:43:52
to the to the financial system are the
00:43:54
first to borrow it. they get to deploy
00:43:56
it before it loses its value. By the
00:43:58
time it trickles down to the
00:43:59
workingclass people, it's lost its value
00:44:02
and their wages have been destroyed. And
00:44:05
this has been happening on and off
00:44:06
throughout all of human history. But
00:44:09
it's been particularly bad in the last
00:44:10
55 years. And that is why I think the
00:44:13
working class across the Western world
00:44:15
is so angry.
00:44:16
>> Canada have consistently dropped down
00:44:18
the sort of happiness league table.
00:44:20
>> Well, actually from 2015 we've gone from
00:44:23
fifth to 25th. the 18th. We went from
00:44:26
18th to 25th just in the last year.
00:44:28
>> So you were the fifth happiest country
00:44:30
in the world and now you're 25th.
00:44:31
>> That's right. And part of it is food. We
00:44:34
have the worst food price inflation in
00:44:36
the G7 today. It's due to a lot of
00:44:39
hidden taxes that are baked into food
00:44:41
production. Uh we have an industrial
00:44:43
carbon tax that it charges on farm
00:44:45
equipment, fertilizer, and uh food
00:44:48
producers. We have a new fuel tax that's
00:44:51
just come in. single-use plastic is now
00:44:54
banned, which makes it that so that food
00:44:56
goes bad about five days quicker. So, it
00:44:59
sounds kind of very virtuous. We're not
00:45:00
going to use plastic anymore, but it
00:45:02
ultimately means food uh goes bad and
00:45:04
and somebody pays for that. So, uh we we
00:45:08
need I want to get rid of all of those
00:45:09
taxes and fees and unnecessary
00:45:12
regulations that do nothing for our
00:45:14
health and safety so that we can have
00:45:16
more affordable food. But um more
00:45:19
broadly, we have to get rid of the the
00:45:21
monetary inflation that I described. As
00:45:24
I said, we've doubled our money supply
00:45:26
in Canada from 1.4 trillion to 2.8
00:45:30
trillion in 10 years. So, it is not
00:45:32
actually that these things cost more.
00:45:34
It's that the money with which we buy
00:45:36
them is worth less
00:45:38
>> because
00:45:39
>> because we're creating so much of it.
00:45:41
And it's
00:45:41
>> and why why are you doing that?
00:45:43
>> To fund deficits
00:45:44
>> to pay for debts.
00:45:45
>> That's right. And that's why all
00:45:47
government, it's not just Canada, by the
00:45:48
way, it's across the Western world,
00:45:50
they're creating cash to fund deficits.
00:45:52
>> And the deficits come from having a big
00:45:54
government.
00:45:55
>> Yes.
00:45:56
>> Government that's too big.
00:45:57
>> That's right.
00:45:57
>> That's too involved.
00:45:58
>> That's right. And the result is that
00:46:01
we're we're creating cash faster than we
00:46:03
grow food, build homes, or produce
00:46:06
energy. And my mission, Stephen, is to
00:46:09
flip that. I want us to create more of
00:46:12
what kash buys by unblocking food
00:46:15
production, energy production and home
00:46:17
building so that we add those things
00:46:19
faster than we add what um we add the
00:46:23
cash to the system.
00:46:24
>> Why I mean I saw this graph here this
00:46:27
chart which is GDP per capita with
00:46:29
international counterparts. So on there
00:46:31
it has Canada, United States, OECD and
00:46:34
it shows it's quite stark. It shows that
00:46:36
Canada has basically plateaued in terms
00:46:37
of GDP per capita. What does for the
00:46:39
average person what is GDP per capita?
00:46:42
What does that actually mean?
00:46:43
>> It's your income really. It's the it it
00:46:46
ultimately the GDP gross domestic
00:46:49
product is the the value of all the
00:46:51
things that you produce. If you're
00:46:54
producing more per person over time,
00:46:58
people will see their wages rise, their
00:47:00
real wages rise. If you don't produce
00:47:02
more per person, then your wages are
00:47:04
flat. And so that is what we've
00:47:07
effectively had in Canada over the last
00:47:10
10 years.
00:47:11
>> Why?
00:47:14
>> Because we we are not unlocking our
00:47:18
resources. Our biggest industry is oil
00:47:20
and gas and it's locked behind uh very
00:47:23
aggressive anti-development laws and
00:47:26
bureaucracies because we're we're
00:47:28
blocking home building and because we're
00:47:29
overt taxing our population. We're
00:47:31
punishing initiative with high taxes.
00:47:34
The good news is that we can reverse all
00:47:35
of these things. If we we have the most
00:47:38
prodevelopment, and the fastest permits
00:47:40
in the world, if we cut taxes on work,
00:47:42
investment, home building, and energy,
00:47:44
then we can massively increase our
00:47:47
output of the things that we need to
00:47:49
have a good life and the wages that
00:47:51
people earn to buy it.
00:47:53
>> This seems to be a familiar story across
00:47:55
some Western nations.
00:47:56
>> It is.
00:47:57
>> What are those Western nations and what
00:47:58
is the thing that they've all got in
00:48:00
wrong in common?
00:48:02
Well, I think that it's probably true in
00:48:03
the UK and the European Union as well.
00:48:07
Well, let's take Germany. They shut down
00:48:09
their nuclear sector and they tried to
00:48:11
effectively drive oil and gas out of
00:48:13
their country. The end result was
00:48:15
extremely high energy costs. And this
00:48:18
was another intervention that took from
00:48:19
workingclass people and gave to the very
00:48:21
rich. Those who were able to get the
00:48:23
subsidies for windmills and solar panels
00:48:25
got fabulously wealthy, all very
00:48:27
powerful people. But the workers in the
00:48:30
in the plants and the mines of rural
00:48:32
Germany ended up losing their jobs and
00:48:35
paying higher prices for electricity.
00:48:37
All of which, by the way, has been
00:48:39
reversed because now the Germans are
00:48:40
back to burning coal. So it did
00:48:42
absolutely nothing for the environment.
00:48:44
Uh this is another example of government
00:48:46
intervention totally screwing over the
00:48:48
working class, a phenomenon across the
00:48:50
western world. And this is the big lie.
00:48:53
The big lie is that when government gets
00:48:55
big, it gives people their fair share.
00:48:57
What it does in fact is it gives the
00:48:58
money and the resources to those who
00:49:00
have the most political power. Those
00:49:02
people are all rich and it pays for it
00:49:04
by taking from the working class. So my
00:49:06
mission in politics is to reverse that
00:49:08
entire approach. Have a small government
00:49:10
with big people, a meritocracy that
00:49:13
rewards work and a free enterprise
00:49:15
system that requires businesses compete
00:49:18
for workers with higher wages and
00:49:20
consumers with lower prices.
00:49:22
>> I'm looking here at the GDP forecasts
00:49:24
for various countries around the world.
00:49:26
In the United States, uh, GDP forecast
00:49:28
looks like it's, um, it's been pretty,
00:49:30
you know, pretty strong relative to
00:49:32
others. Canada looks like it's going
00:49:33
down. 2025 estimates 1.7%,
00:49:37
26 estimates 1.3. The United Kingdom as
00:49:40
well seems to have been lagging. Um,
00:49:43
both the United States and Canada. And
00:49:45
Germany, as you said, in 2024, their GDP
00:49:47
growth was only 0.2, two, which is
00:49:50
hundreds and hundreds and hundreds and
00:49:51
hundreds of percentages lower than the
00:49:53
United States, Canada, or even the UK.
00:49:56
But clearly there is a problem with GDP
00:49:57
growth here
00:49:58
>> um for Canada, for the United Sta, for
00:50:01
the United Kingdom relative to a country
00:50:03
like the United States. It looks like
00:50:04
the United States are doing something
00:50:06
right.
00:50:06
>> If you look at GDP growth is the main
00:50:08
measure.
00:50:09
>> Look, um there are some policies that we
00:50:13
can learn from. Um it's not just the
00:50:15
United States though. Look at uh look at
00:50:18
Switzerland for example. Uh the Swiss
00:50:20
are among the wealthiest in the world.
00:50:22
They have the best money, the lowest
00:50:23
inflation. They have almost no inflation
00:50:25
in Switzerland by the way. They have
00:50:27
very strong money. The the Swiss Frank
00:50:30
is the best currency in the world,
00:50:32
better than the euro or the American
00:50:33
dollar. What do they have? Free
00:50:35
enterprise, small government. the share
00:50:37
of of the economy consumed by government
00:50:39
spending is significantly lower than
00:50:41
anywhere else in the western world um
00:50:44
outside of uh outside of Asia and so
00:50:47
they do very well. How is it that the
00:50:48
Singaporeans have become one of the
00:50:50
wealthiest nations on earth? They have
00:50:52
no resources, literally nothing. They
00:50:55
have to import their water for God's
00:50:57
sakes. They they took an a swampy uh
00:51:00
mosquitoinfested island and three
00:51:03
peoples who were struggling to survive
00:51:06
in their homelands and they came
00:51:07
together and created the wealthiest
00:51:09
country in the world outside of the Gulf
00:51:11
States. Why? They have free enterprise.
00:51:13
They have low taxes. It's easy to start
00:51:15
a business. You're rewarded for your
00:51:17
hard work. This is the kind of thing we
00:51:18
could be doing.
00:51:19
>> So looking at the numbers of Singapore,
00:51:20
Singapore operates in a league of its
00:51:22
own, outperforming both the UK, Canada,
00:51:24
and the USA in terms of growth. um and
00:51:27
per capita wealth as a hub economy. It
00:51:30
is currently riding the wave of the
00:51:31
global AI boom because they've enabled
00:51:33
entrepreneurship and it is more than GD
00:51:36
from a GDP perspective last year more
00:51:39
than double the United States GDP
00:51:40
growth. Um and I mean it's it's left uh
00:51:44
Canada and the United Kingdom and even
00:51:45
Switzerland in its tracks in that
00:51:47
regard. Interesting.
00:51:48
>> It's a spectacular achievement. And I
00:51:50
mean uh Lee Kuanlu who founded the
00:51:52
country and created this miracle uh
00:51:55
should be studied by every leader in the
00:51:57
world. Um because I don't think there's
00:51:59
anyone who's been able to generate such
00:52:00
a a a massive uh increase in the quality
00:52:04
of life and to do it with literally no
00:52:06
resources whatsoever except for
00:52:09
geography that and they managed to
00:52:10
exploit their geography as you said to
00:52:13
be kind of like modern-day Nabotans.
00:52:15
They're a trading hub uh for for all of
00:52:17
Asia. Every sort of economic policy or
00:52:21
philosophy does have a trade-off.
00:52:23
>> I mean, it's one thing you learn as a
00:52:24
podcaster. There's just always
00:52:25
trade-offs. And if you're not clear on
00:52:27
what the trade-offs are, then they might
00:52:28
surprise you,
00:52:29
>> right?
00:52:29
>> I mean, that, you know, you can talk
00:52:31
about socialism or you can talk about
00:52:32
capitalism, whatever. All of them have
00:52:34
trade-offs. What are the trade-offs of
00:52:36
your economic
00:52:38
strategy and philosophy?
00:52:40
>> Well, the the leadership has to have
00:52:42
humility because it has to let go of
00:52:44
power and and and turn it back to the
00:52:46
people. And um that is a very hard thing
00:52:48
for politicians to do. Um I mean uh no
00:52:51
politician wants to have written on
00:52:53
their gravestone. Um he stayed out of
00:52:55
the way, left people alone so that they
00:52:57
could do great things without him.
00:53:00
Although I think we'd be better off if
00:53:02
more of them did. But I should also say
00:53:04
that like there is a role for
00:53:05
government. I'm not suggesting that
00:53:07
there isn't. There there should be a
00:53:08
basic social safety net that provides
00:53:11
the things that people who are less
00:53:13
advantaged would not be able to have for
00:53:15
themselves to make sure that everyone
00:53:16
has health care even if uh they can't
00:53:18
afford to pay for it. That there's basic
00:53:20
schooling and roads and infrastructure.
00:53:23
But what happens is that once you get
00:53:25
beyond providing those basics and
00:53:27
government starts to to metastasize into
00:53:29
well well uh all kinds of other things
00:53:31
that are not its core responsibility
00:53:34
each dollar spent has less and less
00:53:36
return and then it turns into a negative
00:53:38
return where the more they spend the
00:53:40
more damage they do and I think we're
00:53:42
beyond that point on the curve
00:53:44
>> because I'm thinking about how
00:53:45
immigration ties into all of this and to
00:53:47
GDP growth. I think in Canada from the
00:53:49
research I was doing there has been a
00:53:51
decline in birth rates. Yes.
00:53:53
>> So there's significantly less people
00:53:55
getting married. There's significantly
00:53:57
less people being born. So how does one
00:53:59
run their economy when you're not having
00:54:01
new children being born without bringing
00:54:04
in lots of immigrants to to help support
00:54:06
that economy?
00:54:09
>> Well, first of all, I think we have to
00:54:10
ask ourselves why has the birth rate
00:54:12
gone down? And I I would argue that it's
00:54:14
economic re reasons. Uh if you cannot
00:54:16
afford a home, then you have no place to
00:54:20
raise children. Um, you know, we have
00:54:22
this phenomenon of in Canada of
00:54:24
35-year-olds still living in their
00:54:25
parents' basements. And h how do you
00:54:28
even get a date? I mean, how do you
00:54:30
bring a date home? You know, it's it's a
00:54:34
challenge if if you're 35. And these are
00:54:37
great high achieving people who've got
00:54:39
jobs, but they just can't afford a place
00:54:42
to live or they're stuck in a a small
00:54:46
apartment because that's all their
00:54:48
paycheck will buy them in the way of
00:54:50
rent. And so I think for those economic
00:54:53
constraints, we we have a lot of young
00:54:55
people who otherwise would love to have
00:54:57
children in their late 20s, early 30s
00:55:00
who simply have nowhere to raise them.
00:55:02
>> Am I right in thinking that a lot of
00:55:03
these western economies have allowed a
00:55:05
lot of people into their countries to
00:55:07
make up for
00:55:09
the the willingness or desire or the
00:55:11
availability of people to do the sort of
00:55:13
low wage jobs? Is this is what is this
00:55:16
what's happened globally? Because it's
00:55:17
what people tell me in the UK. Yes, I
00:55:19
think I frankly I think that a lot of
00:55:20
multinational corporations have abused
00:55:22
the immigration system in order to drive
00:55:25
down wages. Um in Canada, for example,
00:55:28
the government massively expanded um the
00:55:31
international student and temporary
00:55:32
foreign worker programs and that allowed
00:55:36
corporations to pay artificially low
00:55:38
wages to people who do not have the same
00:55:42
mobility rights and opportunities. and
00:55:45
that drove down wages, displaced people
00:55:47
from their jobs and ultimately ballooned
00:55:50
housing costs. And so my position is
00:55:52
that we need to to cap numbers um and
00:55:55
ensure that the the economy, healthcare
00:55:58
and housing grows faster than the
00:56:00
population at all times.
00:56:01
>> If you cap numbers, does that mean that
00:56:02
these corporations, these entrepreneurs,
00:56:04
these companies don't have enough people
00:56:07
to fill the roles in their companies and
00:56:08
therefore have to move somewhere else?
00:56:09
What what does it mean? No, we have
00:56:11
unemployment. We have people without
00:56:12
jobs. But they just some multinationals
00:56:15
don't want to pay full wages. So they
00:56:17
think, well, I just undercut the wage by
00:56:20
bringing someone in from a very poor
00:56:21
country who's willing to work for a lot
00:56:23
less and who has fewer rights because
00:56:25
they can't leave the job to go to
00:56:26
another employer. So it's uh kind of
00:56:29
like easy street. And so my view is that
00:56:32
when you've got unemployed people and
00:56:34
you're trying to fill your workplace,
00:56:35
pay higher wages. Give uh give people a
00:56:38
better return on their work. You've got
00:56:40
unemployment. Are those people trained
00:56:42
and skilled and willing to do the jobs
00:56:45
that Canada needs them to do?
00:56:47
>> Yes, absolutely. I mean, we have 100,000
00:56:48
unemployed construction workers. They
00:56:50
could be building the homes that we need
00:56:52
built. Uh we have um young people coming
00:56:54
out of um out of high school without a
00:56:57
job. We have a 30-year highs in
00:57:00
unemployment among youth. They should be
00:57:03
getting those jobs. And you know,
00:57:04
Starbucks says, "Well, they don't want
00:57:06
to take them." Well, maybe you're not
00:57:07
paying enough. If you're not paying the
00:57:09
right wage, then you're not going to get
00:57:10
the right worker. But pay an equivalent
00:57:12
wage and you'll attract a worker who
00:57:14
will who will do the job.
00:57:15
>> Again, I'm trying to play devil's
00:57:16
advocate here. So, you know, Starbucks
00:57:18
increase wages. Yes. Which means that
00:57:20
Starbucks then will increase the cost of
00:57:22
a cup of coffee presumably.
00:57:24
>> Well, unless they can find more
00:57:25
efficient ways to run their systems. You
00:57:28
know, more competition in the system
00:57:30
will allow the worker to gain more and
00:57:31
the consumer to pay less. and the
00:57:34
entrepreneur in the middle has to find
00:57:35
ways to to save and operate more
00:57:37
efficiently. That's the magic of the
00:57:39
market is that everybody has a a a
00:57:42
vested interest in driving the most
00:57:44
value for the lowest cost.
00:57:46
>> One of the interesting ways lots of
00:57:47
employers are finding ways to drive
00:57:48
efficiencies is this new technology
00:57:50
called AI,
00:57:51
>> right?
00:57:51
>> And again, maybe somewhat ironically
00:57:53
here, Anthropic, who one of the world's
00:57:55
leading AI companies, released a report
00:57:57
two weeks ago. I'll throw the graph up
00:57:59
on the screen, but it shows where job
00:58:00
disruption will take place based on how
00:58:02
people are currently using their tools.
00:58:04
And one of the things they noticed is
00:58:06
that there's been a
00:58:08
increase by I think roughly 14% in youth
00:58:11
unemployment because entry- levelvel
00:58:12
jobs are the ones often in white collar
00:58:15
industries that are being taken out
00:58:16
first,
00:58:16
>> right?
00:58:17
>> And you hear these things and you go,
00:58:18
oh, you know, that's some stats and
00:58:19
whatever and it's, you know, not
00:58:21
necessarily tanked the economy yet. But
00:58:23
as an employer of hundreds and hundreds
00:58:24
of people all over the world now, I have
00:58:26
started to notice that the case for
00:58:30
hiring certain groups of people is
00:58:33
becoming much more tricky now because of
00:58:36
these tools. And doesn't make me sound
00:58:38
great saying that. It's not that we're
00:58:39
not hiring hundreds of people, but
00:58:40
there's this certain set when I look at
00:58:42
specifically entry level grads. if they
00:58:45
aren't really AI proficient, they are a
00:58:48
lot less appealing in some roles than
00:58:51
people young grads that that are
00:58:52
extremely AI proficient. The problem is
00:58:54
not many of them are. And that just in a
00:58:57
company like mine, if you're AI
00:58:59
proficient, really irrespective of age,
00:59:00
and you know how to build this thing
00:59:01
called AI agents, it's kind of like you
00:59:04
come with 50 team members of your own.
00:59:06
>> Wow.
00:59:07
>> That's what it's like. So, I've got a
00:59:08
kid called Cass here. You know, he's a
00:59:10
young guy in his 20 his 20ies. He's
00:59:13
built a team of agents that now work for
00:59:15
him. So hiring Cass means I get Cass and
00:59:19
his team of agents because he's
00:59:20
proficient in that technology. Most of
00:59:22
the workforce hasn't been trained
00:59:24
because of the education system to know
00:59:25
a thing about this. So it's becoming
00:59:27
increasingly difficult to to hire entry-
00:59:29
level people but actually all the way up
00:59:31
the board unless you have deep expertise
00:59:33
in a domain which would mean that I can
00:59:36
get Cass to make you the agents. So like
00:59:39
on my CFO, you know, for example, you
00:59:41
know, 50 50 years working in finance,
00:59:45
etc. deep expertise. I just need her and
00:59:48
then she can build out a team of AI
00:59:49
agents to work with her. Back in the
00:59:51
day, if you'd got 5 years ago, I would
00:59:53
have needed her and her to have a
00:59:55
massive team of people, right?
00:59:56
>> I say all this to say that there's a
00:59:58
certain group in society, people that
01:00:00
have deep domain expertise and people
01:00:01
that are technical that I think are in
01:00:04
higher demand than ever before. and
01:00:06
everybody else um as AI continues to
01:00:08
replace them through things like
01:00:09
autonomous driving and um robotics is
01:00:11
around the corner um is I I think there
01:00:14
needs to be a real conversation about
01:00:16
what happens to these people.
01:00:17
>> Can I ask you a question?
01:00:19
>> So
01:00:20
throughout history we've had these
01:00:22
scares where new technological
01:00:24
developments
01:00:26
have threatened to replace and in
01:00:28
reality have replaced certain human
01:00:30
labor. So you had like the during the
01:00:32
industrial revolution machines were
01:00:35
replacing muscular power and then you
01:00:36
had the lites who came and tried to
01:00:38
smash those machines to protect their
01:00:39
jobs. In the end they just got different
01:00:41
jobs with higher pay because they could
01:00:43
do more with these machines and they
01:00:45
didn't have to walk behind a you know a
01:00:47
mule's ass pushing a pushing a plow in
01:00:50
the hot sun all day. They had a tractor
01:00:52
that would pull the plow um and so on
01:00:54
and so forth. But and then in the in the
01:00:57
dotcom era, we were told again that
01:00:59
people are going to lose their jobs to
01:01:00
computers.
01:01:02
In fact, they were made more productive
01:01:03
by computers. Do you think this time is
01:01:06
fundamentally different than those prior
01:01:09
technological revolutions?
01:01:10
>> I would say first thing is nobody knows.
01:01:14
The second thing I'd say is yes. Okay.
01:01:16
>> And the reason I'd say yes is just the
01:01:17
speed of disruption. So unlike the in
01:01:20
the industrial revolution where you know
01:01:21
it takes some time for the new
01:01:23
technologies to become adopted because
01:01:24
of the nature of their of what those
01:01:26
technologies were this technology is
01:01:28
built on the internet which has global
01:01:30
distribution. So open claw is a good
01:01:32
example of a technology that is very to
01:01:35
to simplify it for the audience. It can
01:01:37
do anything on my computer.
01:01:40
So if I put a computer here on this
01:01:42
table I can text openclaw on WhatsApp
01:01:44
and tell it to go on this podcast right
01:01:47
now. Look at the part of the
01:01:48
conversation that was most replayed by
01:01:50
the audience. Clip it. Add subtitles to
01:01:52
it. Tweet it or send it to my Slack
01:01:54
channel. I can get it to I'll tell tell
01:01:56
you something I did the other day. I was
01:01:58
in my house in Los Angeles and it was
01:02:00
very very hot cuz there's a heat wave at
01:02:01
the moment. So I said to it, can you can
01:02:03
you go on take a look at my house online
01:02:06
um buy me a umbrella that I can put
01:02:09
because I like to work outside. I
01:02:10
actually voiced it this and what it did
01:02:12
is it went on Google Maps. It looked all
01:02:13
around my house from all around the
01:02:15
outside because it knew where I lived
01:02:16
for some bizarre reason. It knew that I
01:02:18
charcoal umbrella at a certain size
01:02:21
would suit that table out there. It went
01:02:23
on Amazon, found the charcoal umbrella,
01:02:25
it ordered it, arrives at my house,
01:02:27
>> and it transacted like you
01:02:28
>> transacted because it had my my login
01:02:30
details to transact on this particular
01:02:31
website. So, but it's just, you know,
01:02:34
the framing is it can do anything that
01:02:35
you would you would do on a computer. um
01:02:37
a lot of people work on computers and
01:02:40
the speed of adoption that we're seeing
01:02:41
is is staggering. So my my concern is
01:02:43
actually the sort of near-term
01:02:45
displacement before we figure out the
01:02:47
types of jobs that um the types of new
01:02:50
jobs and then with robotics on the way,
01:02:52
you know, you hear someone like Elon
01:02:53
Musk saying that there'll be more
01:02:56
humanoid robots than humans, you know,
01:02:59
and people say, well, you know, he's
01:03:00
saying that because he's a he's got a
01:03:02
vested interest, right? However, what
01:03:04
I'd say is his timelines have sometimes
01:03:06
not been right. But when he said he was
01:03:08
going to make those spaceships land on
01:03:10
chopsticks, the spaceships eventually
01:03:13
>> Oh, he's a brilliant mind. Don't
01:03:14
underestimate him.
01:03:15
>> And my car out there drives itself
01:03:17
without without intervention. So,
01:03:20
>> I don't know. It's a really interesting
01:03:21
time. I can both see why this techn is
01:03:23
going to change the world for the better
01:03:25
and I believe it will. But then I'm just
01:03:27
really concerned about certain economies
01:03:28
and countries that aren't taking it
01:03:30
seriously because they're so distracted
01:03:32
by other things. Like a lot of them race
01:03:34
baiting. A lot of them are like
01:03:35
immigration seems to be the winning
01:03:36
lever. Like just say the brown people
01:03:38
are the problem. But I'm like maybe the
01:03:40
alien is something else. Maybe the alien
01:03:42
is are these agents that are actually
01:03:44
going to take our jobs. I believe the
01:03:46
basic human need is is meaning to have
01:03:50
the a purpose in life. And often the
01:03:53
question we have to ask is how can we
01:03:56
guide
01:03:57
this uh revolution in technology so that
01:04:01
it empowers people to do things that
01:04:04
continue to give them meaning. I think
01:04:05
it was John Adams who said something to
01:04:07
the effect of my father studied
01:04:11
warfare so that I would have the
01:04:13
security to study commerce. I study
01:04:15
commerce so that my children will have
01:04:17
the prosperity to study arts. If these
01:04:21
new systems give us the ability to focus
01:04:25
on the things that we love doing that
01:04:27
give us meaning in our lives and that
01:04:28
could be a different thing for each
01:04:30
person
01:04:31
while at the same time supplying with us
01:04:33
with a lot of our material needs. It
01:04:35
could be very positive. If it simply
01:04:38
strips away our own utility and leaves
01:04:40
lots of people without the ability to
01:04:42
work at all, then it could be very very
01:04:43
dangerous to to our our our lives. So,
01:04:47
uh I think that we have the public
01:04:49
policy objective is to to to ensure that
01:04:51
it becomes an enabler of humanity, not a
01:04:54
replacement for it.
01:04:56
>> So, you could come into power in is it
01:04:57
2029 if there's no uh overthrowing of
01:05:01
the the current leader?
01:05:03
>> 2029 is going to be an interesting time.
01:05:05
uh if these sort of forecasts that we're
01:05:07
getting from some of the world's leading
01:05:08
experts in artificial intelligence and
01:05:10
robotics come true, have you thought
01:05:12
much yet about how you would counteract
01:05:15
that? What you would do to make sure
01:05:17
that there isn't huge job job disruption
01:05:19
because you know a lot of a lot of
01:05:21
people like Sam Alman have suggested
01:05:23
through their actions that they might
01:05:25
support things like universal basic
01:05:27
income. In fact, Sam Alman's Sam Alman
01:05:29
being the founder and um co-founder of
01:05:31
OpenAI, which makes Chat GBT. I think
01:05:34
his other startup is called WorldCoin,
01:05:36
which uses your retina scan to to
01:05:39
validate that you're a real human being
01:05:41
so that you they can distribute money to
01:05:44
people because in a world of AI, we're
01:05:46
going to need to find a way to
01:05:47
distribute wealth. And if you listen to
01:05:49
Elon, he says, "We're going to live in
01:05:50
the age of abundance where working is
01:05:51
going to be optional." He says, "Now, if
01:05:53
you're a surgeon and you're training to
01:05:55
be a surgeon," he says, "Absolutely
01:05:56
don't. Because in a couple of couple of
01:05:58
years time there's going to be no human
01:06:00
that's better than any AI surgeon.
01:06:03
>> Wow. So if these things are true like
01:06:05
surely you should be making plans
01:06:08
and you know when a lot of smart you
01:06:10
know I know they have an incentive
01:06:11
they're raising money and they want they
01:06:13
have a certain narrative which helps
01:06:14
them raise money but if they are right
01:06:18
the future looks very different from the
01:06:20
past.
01:06:21
>> That's true.
01:06:22
>> Do you have a plan?
01:06:24
I I have principles that I would apply
01:06:26
as these technologies present
01:06:28
themselves. And the principle for me is
01:06:31
how do we make sure that the AI
01:06:34
enables and empowers people to make more
01:06:37
decisions for themselves and have more
01:06:39
freedom and a and um to pursue their own
01:06:42
meaning
01:06:44
rather than replacing and rendering them
01:06:47
um giving them a sense of of lost
01:06:50
meaning and purpose. And so, do I think
01:06:54
it's great that every minimum wage
01:06:56
worker might have a personal assistant
01:06:58
and a chauffeur vehicle? I do. Because
01:07:00
that that would make more of their life
01:07:02
uh uh they could spend on the the things
01:07:05
that thrill them and make them happy and
01:07:07
less of their life would be spent on the
01:07:09
drudgery of having to drive in a traffic
01:07:11
jam or uh or, you know, sweep their
01:07:13
floor. Um but uh at the same time we
01:07:17
have to make sure that that people have
01:07:19
the ability to work and contribute and
01:07:22
and give themselves a sense of meaning
01:07:23
in their lives. So the other thing I
01:07:26
would say is that as these technologies
01:07:28
bring down costs, those savings should
01:07:31
be passed on to people. They should not
01:07:33
be inflated away. The government should
01:07:35
not use this as an opportunity to just
01:07:36
print more cash to reflate the cost of
01:07:38
living. We should actually seek as our
01:07:40
goal to lower the cost of living, make
01:07:43
life more affordable, make our dollars
01:07:45
go further, which is which hasn't
01:07:47
happened in in generations. And so if
01:07:50
technology is going to allow us to
01:07:51
produce more for less, then let's make
01:07:53
sure that the workingclass people
01:07:54
actually enjoy that benefit rather than
01:07:58
having it inflated away. It is quite
01:07:59
concerning that you know if wealth does
01:08:01
acrew to these big companies and you
01:08:03
know people like Elon who incredible
01:08:05
entrepreneur
01:08:06
>> is going to become the world's first
01:08:08
trillionaire right
01:08:09
>> I don't think he'll be the last the way
01:08:11
things are going with with artificial
01:08:12
intelligence that and then if there is
01:08:15
job disruption
01:08:17
I do think there's going to potentially
01:08:18
need to be some government intervention
01:08:22
corrective government intervention do
01:08:23
you not I don't know
01:08:25
>> nobody knows exactly what's going to
01:08:26
happen I mean it was you know um Paul
01:08:29
Krugman, the Nobel Prizewinning uh
01:08:32
economist who embarrassingly predicted
01:08:35
that the internet would have no more
01:08:36
impact on our lives than the fax
01:08:38
machine.
01:08:39
>> And and he's a Nobel Prize uh economist,
01:08:41
I think, from Princeton or Yale or
01:08:42
something. So nobody's Nostradamus on
01:08:45
these things, but we have to have
01:08:48
guiding principles and and mine are the
01:08:50
rules around technology should always be
01:08:52
geared towards giving people more
01:08:54
agency, more meaning, and more control
01:08:56
over their lives and not less.
01:08:59
>> It's funny cuz I don't hear it reflected
01:09:01
enough in political discourse. I hear us
01:09:03
focusing on other things. And one of
01:09:05
those things is immigration. across the
01:09:08
western world, the subject of
01:09:09
immigration seems to be a bit of a
01:09:11
winning formula for political leaders.
01:09:13
If I think about the UK, what Trump said
01:09:16
about, you know, being invaded by
01:09:18
rapists and murderers from the the
01:09:20
southern border, do you feel that it's a
01:09:22
it's a sort of a weaponized, divisive
01:09:24
tool for people to get elected,
01:09:26
complaining about the brown people or or
01:09:29
foreigners? I
01:09:30
>> I'll just give you the Canadian
01:09:31
experience. So for roughly 200 years, we
01:09:34
had the most successful immigration
01:09:36
system in the world by far. In fact,
01:09:38
other countries, both Republicans and
01:09:40
Democrats in the United States used to
01:09:42
say, "We need to study the Canadian
01:09:43
system because it has been so
01:09:44
successful." We had a point system that
01:09:46
that measured whether someone would be a
01:09:48
good fit for our labor market, whether
01:09:50
they would would integrate well into our
01:09:51
our system. And overwhelmingly, people
01:09:54
integrated, intermarried, uh, you know,
01:09:57
my wife is a is a refugee from
01:09:59
Venezuela. That is not an uncommon story
01:10:01
in Canada. What we encountered was a
01:10:04
very sudden and inexplicable increase in
01:10:06
the numbers uh in the period from 2021
01:10:09
to 2024
01:10:11
that was strictly out of line with our
01:10:14
our ability to absorb people into
01:10:17
housing, healthcare, and jobs. And this
01:10:19
upset the the social piece on
01:10:21
immigration that we had had for two
01:10:23
centuries leading up to it. And um now
01:10:27
everyone across the political spectrum
01:10:30
agrees that it went too far too fast.
01:10:33
And the approach that we're taking is
01:10:36
that uh that we have to make it a lawful
01:10:38
system. It has to follow the rules. You
01:10:41
people have to come in legally in
01:10:43
numbers that we can absorb and
01:10:45
ultimately integrate into jobs, society,
01:10:49
and uh our way of life. population
01:10:51
cannot grow faster than the housing
01:10:53
stock or you'll run out of places to
01:10:55
live. It can't grow faster than the
01:10:57
number of jobs or you'll run out of
01:10:59
paychecks for people. And so we need a a
01:11:02
controlled orderly system that's both
01:11:05
compassionate and common sense.
01:11:06
>> It's such a divisive subject. You've
01:11:08
seen what's happened here in the United
01:11:09
States with ICE,
01:11:10
>> right? Yeah. It it's a it's a different
01:11:13
situation in the US. Um we the
01:11:17
immigration problem in the US goes back
01:11:19
many many years. uh many many years of
01:11:21
chaos at their the southern border. We
01:11:23
didn't have that in Canada. Like that
01:11:25
was unheard of. We we had roughly 1% of
01:11:29
population immigrating to Canada for 200
01:11:33
years. It was uncontroversial in Canada
01:11:36
up until this very strange, inexplicable
01:11:40
spike that really only helped very
01:11:43
wealthy landlords and employers that
01:11:47
wanted to drive wages down and rents up.
01:11:49
they were the only beneficiaries of the
01:11:52
extreme increase in numbers.
01:11:54
>> If you don't get the replacement rate
01:11:56
back up to a level where you're having
01:11:58
enough kids in Canada,
01:11:59
>> does it track that eventually you would
01:12:01
have to rely on more immigration
01:12:04
to solve for the sort of GDP issues?
01:12:07
>> Look, economic immigration of
01:12:09
high-skilled um people to our country is
01:12:12
is has always been successful and uh
01:12:16
nobody resents that. Uh, one of the
01:12:19
things that we have to do though is when
01:12:20
people get to Canada, they have to be
01:12:22
able to fulfill their potential. In
01:12:23
Canada today, we have these gatekeepers
01:12:26
that block immigrant professionals from
01:12:28
even working in their field. So, for
01:12:30
example, we have 20,000 immigrant
01:12:33
doctors and 32,000 immigrant nurses who
01:12:35
can't work in medicine because they
01:12:37
can't get a license to practice. There's
01:12:39
this incredibly bureaucratic system they
01:12:41
have to go through that takes eight or
01:12:43
nine years to prove that they actually
01:12:44
have the qualifications.
01:12:46
I have it's so crazy that when I went in
01:12:48
for my eye surgery, there's a technician
01:12:50
there who literally flies to the UAE to
01:12:54
do eye surgeries 10 days a month and
01:12:57
then comes back to his family in Ottawa
01:12:59
where we only let him work as as a
01:13:01
technician. And so UAE is a more
01:13:05
technologically advanced country than
01:13:06
Canada. And eyeballs are the same in the
01:13:09
UAE as they are in Canada. immigrants in
01:13:12
Canada have historically been more
01:13:14
educated than our Canadian-born
01:13:16
population just in terms of their
01:13:18
credentials, but have not been able to
01:13:20
fulfill their work because our licensing
01:13:23
system shuts them out. So, I want to fix
01:13:25
that with a merit-based test that gets
01:13:27
them into the high-paying jobs that will
01:13:29
actually strengthen our economy.
01:13:32
Much of the reason most people haven't
01:13:34
posted content or built their personal
01:13:35
brand is because it's hard and it's
01:13:38
timeconuming and we're all very very
01:13:39
busy and if you've never posted
01:13:41
something before there's so many factors
01:13:44
in your psychology that stop you wanting
01:13:46
to post what people will think of you am
01:13:48
I doing this right is the thing I'm
01:13:50
saying absolutely stupid all of these
01:13:53
result in paralysis which means you
01:13:54
don't post and your feed goes bare I'm
01:13:57
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be in touch. What is the biggest threat
01:16:26
do you think to the western world and
01:16:28
the western way of living? Cuz people
01:16:29
often, you know, they point at Iran,
01:16:30
they say China, they say Russia.
01:16:32
>> I think it depends on what China decides
01:16:34
to do. I China is a a spectacular and
01:16:38
brilliant civilization with so much to
01:16:41
contribute to to world harmony. if
01:16:44
that's their choice. If the if the
01:16:46
government decides that it's going to to
01:16:49
direct the immense um successes of that
01:16:52
country towards um trading and working
01:16:55
with other countries, then there's no
01:16:57
nothing to worry about. But if it is a
01:16:59
very aggressive Bellose approach using
01:17:02
technology for espionage uh interference
01:17:06
in foreign countries as they have done
01:17:07
in Canada uh invading Taiwan then China
01:17:11
and Beijing in particular the regime
01:17:14
could become the biggest risk and threat
01:17:16
to our country and our world.
01:17:18
>> What does history say about this kind of
01:17:20
moment in time where there's seemingly
01:17:22
two world powers? Mhm. Well, there is an
01:17:24
incredible book called Thusidities Trap
01:17:27
uh which a professor named Allison um
01:17:30
said that throughout history he took I
01:17:33
think 20 occasions where the where an
01:17:38
incumbent superpower was caught up on by
01:17:42
a challenging superpower and in I think
01:17:45
the majority of cases it did end up in
01:17:47
war and now he said it's not necessary
01:17:50
though and it doesn't have to happen. it
01:17:52
can be avoided and uh he lays out a plan
01:17:55
in his book for it to be avoided. I
01:17:57
think it can be avoided as well if uh
01:18:00
Beijing can be made to understand that
01:18:02
it is in in the interest of China to be
01:18:04
part of the community of nations to work
01:18:06
collaboratively to trade freely to uh to
01:18:09
be a partner rather than an enemy and I
01:18:12
hope they make the right decision. Is it
01:18:14
fair to say that the United States is
01:18:16
really at war with China now already,
01:18:18
but just through proxy wars and other
01:18:20
types of sort of economic wars? And
01:18:22
because now that they both have nuclear
01:18:23
weapons, you can't really have a direct
01:18:27
conflict, can you?
01:18:28
>> Well, let let's put it this way. Um,
01:18:33
Venezuela,
01:18:35
Iran, Cuba, these are all countries that
01:18:38
were in the realm of influence of
01:18:40
Beijing.
01:18:41
and um they're the countries where the
01:18:45
United States is pursuing uh change. So
01:18:48
there there is the the war that we watch
01:18:51
on the evening news and the the real
01:18:54
interest behind them that that is
01:18:56
driving it.
01:18:57
>> Canada doesn't have nuclear weapons,
01:18:58
does it?
01:18:58
>> No, we do not.
01:18:59
>> Why?
01:19:00
>> We made a decision, I think it was about
01:19:02
I I want to say about 40 or 50 years ago
01:19:05
not to pursue nuclear arm. We didn't
01:19:07
think we had any need need for it. lots
01:19:09
of nuclear power, lots of uranium, but
01:19:11
we don't use it for for weaponry.
01:19:13
>> Do you think Canada should have nuclear
01:19:15
weapons?
01:19:16
>> I don't see a need for that. Um I don't
01:19:19
know what we would get from it. We don't
01:19:21
uh we don't have any desire to to
01:19:24
threaten anyone with nuclear weapons.
01:19:25
So, um uh I don't I don't see a purpose
01:19:29
for that right now.
01:19:32
>> What you think?
01:19:34
>> Sounds quite Canadian.
01:19:36
>> That's true. But listen, we are a
01:19:39
warrior nation. Uh make no mistake about
01:19:41
it. We were in the World Wars two years
01:19:42
before the Americans. Uh and we we are
01:19:47
we're kind of like a a golden retriever.
01:19:49
Uh we're friendly. We're likable. Uh we
01:19:52
like to get along, but if provoked, we
01:19:54
will fight back.
01:19:55
>> Canada is building up its military.
01:19:57
>> Absolutely.
01:19:58
>> Why? because there's a consensus that we
01:20:01
have not done enough to to protect our
01:20:03
territory from the incursions of hostile
01:20:07
powers and uh we often say in Canada if
01:20:10
you don't use it you lose it. Uh there's
01:20:12
large territories of our country that
01:20:14
are very hard to live in. We have an
01:20:16
incredible Inuit population but
01:20:19
obviously you know you can't heavily
01:20:21
populate the Arctic archipelago with
01:20:24
industry and stuff. So, how do you
01:20:26
assert sovereignty over those treasured
01:20:29
uh territories? Well, you have to have a
01:20:31
military presence there.
01:20:32
>> What's changed
01:20:34
>> for Canada? It's it's that we want to
01:20:37
maintain and ensure that we can make our
01:20:39
own decisions without relying on the
01:20:41
Americans
01:20:42
>> because the Americans have expressed
01:20:44
that they are maybe not going to be as
01:20:46
collaborative and friendly
01:20:47
>> and we want to be able to decide for
01:20:48
ourselves. We want to be masters in our
01:20:50
own home. uh in Quebec they say mashu
01:20:53
and uh so if we want to control our own
01:20:56
destiny and territory we have to pro we
01:20:57
have to be able to protect ourselves. It
01:20:59
has been
01:21:01
very good for Canada to be next door to
01:21:03
the biggest military power the world has
01:21:05
ever seen and have friend friendly
01:21:07
relations that go back to um the early
01:21:10
1800s before we were even a country. We
01:21:13
had largely friendly relations with this
01:21:16
enormous power. But what has become
01:21:18
clear is that we cannot simply rely on
01:21:21
the Americans to protect us. We have to
01:21:23
be able to protect ourselves. And that
01:21:25
requires a massive military buildup for
01:21:27
a country of our size, the second
01:21:29
biggest country anywhere in the world.
01:21:30
We have the longest oceanic coastline,
01:21:32
even longer than Russia. So that takes
01:21:35
money and it takes a a buildup like
01:21:38
we've never seen. And that's what we're
01:21:40
we as Canadians agree has to happen.
01:21:42
Now,
01:21:43
>> this is in part because of Trump.
01:21:45
>> In part, yes. because Trump threw the
01:21:47
election and then thereafter said that
01:21:48
he was going to make Canada an American
01:21:50
state
01:21:52
>> which is never going to happen.
01:21:54
>> But that you know with the the leader of
01:21:57
the most powerful military on earth says
01:22:00
even jokingly that they are about to
01:22:02
take your country you can laugh but at
01:22:06
the same time one if I was leading
01:22:09
Canada I'd go wait is this possible? Are
01:22:11
we ready to defend ourselves? we uh as
01:22:14
Canadians react very badly to that and
01:22:16
uh we're we're we're not going to uh
01:22:19
ever be the 51st state or or any part of
01:22:22
the United States of America. The
01:22:24
American people are our friends. They've
01:22:25
been our top trading partner, our
01:22:27
closest ally. As uh President Kennedy
01:22:30
said, um history has made us friends,
01:22:33
economics has made us partners. Uh
01:22:36
geography has made us neighbors and
01:22:38
necessity has made us allies. those whom
01:22:41
nature have thus joined together. Let no
01:22:43
man put us under. But he understood that
01:22:46
that Canada was a separate country that
01:22:48
had its own unique interests. And I
01:22:51
think the American people understand
01:22:53
that as well. I I think the American
01:22:55
people are very fond of Canada as a
01:22:57
neighbor and friend. Um but they
01:22:59
understand we will always be a sovereign
01:23:00
country.
01:23:01
>> You would have been negotiating with
01:23:03
Trump right now if um the election, the
01:23:05
recent election in Canada had gone your
01:23:07
way. This is a pretty uh pretty stark
01:23:11
graph that I've just lid you. It shows
01:23:13
that you were leading in the polls
01:23:15
seemingly up until the very very last
01:23:17
moment in the elections.
01:23:19
>> Is that accurate that poll?
01:23:20
>> Yeah, I think that's probably a weighted
01:23:22
average, but yeah, I think more or less.
01:23:24
>> What happened?
01:23:25
>> Well, if you look what happened, we our
01:23:26
support didn't drop that much. Uh the
01:23:28
other parties collapsed in behind the
01:23:30
Liberal party and uh it was largely due
01:23:34
to the uh the Canada US issue that you
01:23:37
raised
01:23:38
>> really. So, but at the same time, we got
01:23:40
the biggest vote count we had ever
01:23:42
received and the highest share of vote
01:23:45
that we've received since 1988. So, we
01:23:48
did perform very well. Our opponents
01:23:50
performed even better. And now we have
01:23:53
to build on the solid base that we've
01:23:55
accumulated in order to win the next
01:23:57
election.
01:23:58
>> Just as the election comes into the home
01:24:00
stretch, your polling basically stays
01:24:03
the same.
01:24:03
>> Um, slight little bit of a drop, but
01:24:06
roughly stays the same. What caused the
01:24:09
drop in that sort of home stretch there?
01:24:11
Do you think
01:24:12
>> what one of the challenges I had was I
01:24:14
wanted to focus on the things that were
01:24:15
going on in people's lives, the doubling
01:24:19
of housing costs, the rising crime rate,
01:24:21
the inflation crisis, and my solutions
01:24:24
to all of those problems. But a lot of
01:24:26
that was swept off of the conversation
01:24:29
because everyone was focused suddenly on
01:24:32
the the tariffs and the president the
01:24:35
president saying that he was going to
01:24:36
take Canada as a state but also him
01:24:38
saying that he was going to apply
01:24:39
tariffs.
01:24:40
>> That's right. And those tariffs are
01:24:42
still in place.
01:24:44
>> Why did that impact you and help Mark
01:24:46
Carney?
01:24:47
>> That's a good question. I think I think
01:24:49
it allowed the conversation to move away
01:24:52
from the domestic record of the
01:24:54
government and on to two external
01:24:57
factors and that always helps the
01:24:59
incumbent and hurts the challenger.
01:25:02
>> How was this emotionally?
01:25:04
>> Oh, it was a roller coaster and it was
01:25:06
like so things were changing so fast and
01:25:08
moving so quickly in the moment. It's
01:25:11
like you don't really have time to feel
01:25:13
anything. you're just doing so much so
01:25:15
quickly
01:25:16
>> that um your emotions
01:25:20
they're put on delay until after it's
01:25:22
all over.
01:25:22
>> So after it's all over, I've got this
01:25:24
wonderful photo of that.
01:25:26
>> Yes.
01:25:26
>> You and your family. You said the
01:25:28
emotions came after cuz you were going
01:25:30
going going.
01:25:31
>> Yes. So my leadership started in 2022 as
01:25:35
we were coming out of co and there were
01:25:37
so many people who placed so much hope
01:25:40
in me who had suffered so much. They
01:25:42
would tell me they felt like they lost
01:25:44
control of their lives and that they
01:25:46
vested hope in me. So I'd get young
01:25:48
people would say, "You have to win
01:25:50
because I want to start a family and I
01:25:53
can't start a family in this economy."
01:25:56
Or mothers would say, "We just can't
01:25:58
afford food anymore." Or police officers
01:26:01
say, "I've arrested the same guy four
01:26:04
times this week and he keeps getting
01:26:05
released." You have to win to fix these
01:26:08
problems. It's not about you, Mr. Polyv.
01:26:10
It's about the stuff that's happening in
01:26:12
our lives and and you have to fix it.
01:26:15
You know, uh I had a lady come to one of
01:26:17
my rallies cuz when you vote in a to
01:26:19
choose a leader of a party, you have to
01:26:22
pay $15 to join the party. And she came
01:26:25
up and told me about her life story. And
01:26:27
then she went up to the membership desk
01:26:29
and said, "Can I borrow $8?" And they
01:26:33
said, "What do you need it for?" She
01:26:34
said, "Well, I only have $7." They said,
01:26:36
"Oh, well, there's a bank machine
01:26:38
downstairs. you can go get some more
01:26:39
cash. And she says, I don't have a bank
01:26:41
card. And they said, well, is there
01:26:44
perhaps could you go to your car and get
01:26:45
some money? She said, well, uh, I don't
01:26:47
have any money in my car. What about
01:26:48
your home? Um, because we're not allowed
01:26:51
to buy them under the rules for other
01:26:53
people. And she said, I don't have a
01:26:54
home. I live in my car, and the $7 is
01:26:57
all the money I own, and I'm spending it
01:26:59
on a membership so that I can vote for
01:27:01
Mr. Polyia because he is my only hope.
01:27:03
This is the only chance I have. So, I
01:27:07
wanted to deliver for these people and
01:27:10
when we didn't win, uh, I felt I felt
01:27:13
terrible that I hadn't delivered for
01:27:14
them.
01:27:15
>> What does that look like? The
01:27:17
disappointment of not delivering for
01:27:18
people the night of election, the day
01:27:20
after, if I'm watching you as a fly on
01:27:23
the wall, what do I see?
01:27:24
>> You know, I didn't spend a lot of time
01:27:26
on that. I just got back at it because
01:27:28
at the end of the day, you have to focus
01:27:30
on what you can control. And my my
01:27:32
approach in life is to zero in on what
01:27:35
is in your control. That is the greatest
01:27:38
thing you can do for your mental health
01:27:41
and for your output as a person. I
01:27:43
believe in a stoic approach. So I didn't
01:27:46
spend a lot of time sort of rolling
01:27:48
around on the ground um in melancholy.
01:27:52
>> Do you think that if Trump hadn't have
01:27:53
said the thing about taking Canada and
01:27:55
he hadn't have done the tariffs, you
01:27:57
would be leading Canada right now?
01:27:59
>> We'll never know. I mean uh these are
01:28:01
the kinds of uh things you speculate
01:28:03
about but at the end of the day what
01:28:04
what good does it does it uh do to
01:28:06
speculate and I also don't like to make
01:28:08
excuses. I like to say look I'm uh if if
01:28:11
this person hadn't done X then I then I
01:28:13
would be in charge. I have to own my
01:28:15
result and that's what I do.
01:28:17
>> As someone that doesn't know a ton about
01:28:18
this stuff I'm asking kind of for me I
01:28:21
find it interesting to see how
01:28:22
consequential
01:28:23
>> these what do they call them? not um
01:28:26
butterfly effect or just how the
01:28:29
unexpected dominoes can fall and change
01:28:30
the course of history.
01:28:32
>> So if Trump hadn't have said those
01:28:33
things, if we were to speculate, do you
01:28:37
think it would have changed the outcome
01:28:38
of the election?
01:28:39
>> I don't know because we we don't know
01:28:40
what would have happened in absent of
01:28:42
that.
01:28:42
>> If you had to bet your house,
01:28:44
>> I don't have to bet my house. So outcome
01:28:47
either way. I I don't I don't want to
01:28:48
blame someone else for the outcome of
01:28:50
the election because at the end of the
01:28:51
day, the people voted and they made
01:28:53
their decision. I have to be at peace
01:28:54
with it. So, I can't spend my time
01:28:57
thinking on whatifs because if that
01:28:59
whatif hadn't happened, then there might
01:29:01
have been another whatif. So, I have to
01:29:03
focus on what I can control.
01:29:05
>> Dealing with those moments. You
01:29:06
mentioned stoicism. I found this book u
01:29:09
meditations by Marco Surelius, which I
01:29:11
think was quite formative for how you
01:29:13
see things in some respects and
01:29:14
generally stoicism.
01:29:16
>> Yes. Um it's it's a great book. The
01:29:18
amazing thing about it is it's so
01:29:19
readable. Like he he talks about um this
01:29:23
is just a random page but it's a very
01:29:25
interesting uh excerpt. When you wake up
01:29:27
in the morning tell yourself the people
01:29:28
I deal with today will be meddling,
01:29:30
ungrateful, arrogant, dishonest, jealous
01:29:32
and sirly. They are like this because
01:29:34
they can't tell good from ego evil. But
01:29:37
if you go in and read it, what it
01:29:39
basically says is expect these things
01:29:41
and if you do but don't be controlled by
01:29:45
them. These are control. These are
01:29:47
factors outside of your control. Put all
01:29:50
of your emphasis on the things that are
01:29:52
within your control and it will bring a
01:29:54
tremendous amount of peace because when
01:29:57
you're focused on what you can control,
01:29:58
you're the boss of your life. And that's
01:30:01
what that's what stoicism has done for
01:30:02
me.
01:30:03
>> I heard you say you're not the you're
01:30:05
not acted upon.
01:30:06
>> That's right. When you're when you focus
01:30:09
on what you can control, you are the
01:30:11
actor rather than the acted upon. If you
01:30:13
say if you spend a lot of your time
01:30:15
thinking about the things you can cannot
01:30:16
control then you become a helpless
01:30:18
victim. Whereas if you if you focus on
01:30:21
what you can then you you become uh like
01:30:23
the driver of the car you decide where
01:30:25
it goes. And um you know as my favorite
01:30:28
poem says uh Invictus that um Nel Nelson
01:30:32
Mandela used to read himself when he was
01:30:34
in prison for all those years in South
01:30:36
Africa. He he would he would recite to
01:30:38
himself the the poem Invictus to remind
01:30:41
him that he he could focus on what he
01:30:44
was in control of which was his own
01:30:46
soul. I am the master of my fate. I am
01:30:50
the captain of my soul is how it ends.
01:30:53
And that that gives you a lot of peace.
01:30:56
One of the things you often find in
01:30:57
stoicism and other sort of uh teachings
01:30:59
of that time is this idea of being
01:31:01
flexibly minded in terms of being able
01:31:04
to learn and being growth minded and
01:31:05
being able to evolve. Mhm.
01:31:06
>> I was wondering as you went on that
01:31:08
campaign trail and generally over the
01:31:09
last 10 years of your career, it's it's
01:31:11
clear to me that your your core
01:31:13
principles have been quite consistent.
01:31:15
>> I I uh have this um
01:31:18
this document you wrote when you were I
01:31:20
think 20 years old, which was part of a
01:31:22
contest where you won $10,000.
01:31:26
>> That's right.
01:31:26
>> For explaining what you would do if you
01:31:28
were prime minister, um if you were
01:31:30
leading Canada.
01:31:31
>> You even dug up the check.
01:31:32
>> I found the check. It wasn't cashed. No,
01:31:34
it's a it's a fake check. We'll go have
01:31:36
lunch.
01:31:36
>> So, you won $10,000 for submitting this.
01:31:40
>> Yes.
01:31:40
>> When you were 20 years old, explaining
01:31:42
what you would do if you ever became the
01:31:44
prime minister.
01:31:45
>> Yes.
01:31:46
>> And I would like you to actually just
01:31:48
read the opening three paragraphs
01:31:50
because it it does um it is quite
01:31:52
interesting to see how you've evolved if
01:31:53
at all. Could you just read those first
01:31:55
three paragraphs and give me any other
01:31:56
of the context which I might have
01:31:58
excluded?
01:31:59
>> Sure. Although we Canadians seldom
01:32:01
recognize it, the most important
01:32:02
gardening guardian of our living
01:32:05
standards is freedom. Freedom to earn a
01:32:07
living and share the fruits of our labor
01:32:09
with loved ones. The freedom to build
01:32:11
personal prosperity through risk-taking
01:32:13
and strong work ethic. The freedom of
01:32:15
thought and speech. The freedom to make
01:32:17
personal choices and the collective
01:32:19
freedom of citizens to govern their own
01:32:21
affairs democratically. Government's job
01:32:24
is to constantly find ways to remove
01:32:26
itself from obstructing such freedoms.
01:32:28
Human beings are graced with the gifts
01:32:30
of creativity, wisdom, and ingenuity.
01:32:33
The the best way for a society to go
01:32:36
about improving its living standards is
01:32:37
to allow citizens to apply these
01:32:39
qualities to the challenges of everyday
01:32:42
life. Asking a prime minister to
01:32:43
single-handedly improve the living
01:32:45
standards of 30 million of the world's
01:32:47
brightest is as about as realistic as
01:32:50
asking him to take to an Olympic
01:32:53
sprinting track to help a lineup of
01:32:55
worldclass athletes reach the finish
01:32:57
line. The more the government becomes
01:32:59
involved in the race, the greater the
01:33:01
number of hurdles competitors will
01:33:03
encounter. Therefore, as prime minister,
01:33:05
what I would do to improve living
01:33:07
standards is not as nearly as important
01:33:09
as what I would not do. As prime
01:33:11
minister, I would relinquish to citizens
01:33:13
as much of my social, political, and
01:33:15
economic control as possible, leaving
01:33:16
people to cultivate their own personal
01:33:18
prosperity and to govern their own
01:33:20
affairs as directly as possible.
01:33:23
>> In the last decade, since you've been
01:33:25
out on the road, more speaking to
01:33:27
people, campaigning,
01:33:29
where have your views evolved?
01:33:34
I would say my temperament has matured.
01:33:37
10 years ago, I did not have a wife and
01:33:39
kids. As a father, you end up having to
01:33:42
grow in a tremendous amount of patience
01:33:44
because kids don't do what they're told
01:33:46
or they have needs that are that must
01:33:48
supersede your own. You're constantly
01:33:50
making compromises
01:33:53
uh with a spouse in order to juggle all
01:33:56
of the difficulties of family life. And
01:33:58
that necessarily spills over into your
01:34:01
political approach. I think
01:34:03
temperamentally I've changed. I'm much
01:34:06
more careful and thoughtful than I was
01:34:11
say in my late 20s and and early 30s.
01:34:15
>> The people that have um you know
01:34:16
opposition parties have often referred
01:34:18
to you as Trump light.
01:34:20
>> And what do they base that on?
01:34:22
>> I guess because you're both
01:34:23
conservatives, I guess that would be
01:34:25
much of the the argument. And you both
01:34:27
you both have spoken out against this
01:34:29
term wokeism and DEI.
01:34:32
>> Yeah. Look, I I on the on DEI and I
01:34:35
don't think that is something particular
01:34:37
to President Trump. I mean, there's a
01:34:39
lot of people around the world who for
01:34:42
their own reasons and based on their own
01:34:45
experiences
01:34:47
have criticized that particular
01:34:48
ideology. What I think has changed is
01:34:51
that liberals used to believe in liberty
01:34:54
and conservatives believed in conserving
01:34:56
it. You know, they used to say liberals
01:34:58
were the gas pedal, conservatives were
01:35:00
the brake, but we were both heading in
01:35:02
generally the same direction. But what I
01:35:06
think happened with wokeism is that it
01:35:09
it it is a deeply illiberal ideology.
01:35:13
It is liberalism, traditional liberalism
01:35:15
was was a color-blind ideology. It was
01:35:18
based on total equality
01:35:21
regardless of gender, sexuality, race,
01:35:24
or anything else.
01:35:26
Wokeism is exactly the opposite of that.
01:35:29
It's it like accentuates all of those
01:35:31
differences and disagreements. It groups
01:35:33
people based on what should be
01:35:35
irrelevant characteristics like race and
01:35:37
gender. And then having divided people
01:35:40
into groups, it seeks to expand state
01:35:41
control over their lives. What I believe
01:35:44
in is uh is treating people as
01:35:47
individuals and letting them live their
01:35:48
own lives, judging them exclusively on
01:35:51
their own merits. And I think that was
01:35:54
the consensus view of both liberals and
01:35:56
conservatives up until this toxic
01:36:00
ideology came along and divided people.
01:36:03
>> One of the things I you know I'm a black
01:36:04
man.
01:36:05
>> Mhm.
01:36:06
>> I was I moved from Botswana when I was a
01:36:08
baby and came to the UK and thank God uh
01:36:11
there was sort of social systems in
01:36:12
place because I don't think that I would
01:36:14
have had the outcomes I'd had. One of
01:36:15
the things that I did know though when I
01:36:17
was um 18, dropped out of university and
01:36:20
started to get into a world of business
01:36:21
is I was aware because when you look at
01:36:23
like funding data for entrepreneurs that
01:36:25
are black or especially women, it's
01:36:28
clear that there's like a systemic
01:36:30
disadvantage of some sort and I I wonder
01:36:33
someone like yourself who's against this
01:36:35
sort of DEI ideology, how do you contend
01:36:37
with like systemic institutional
01:36:40
discrimination towards certain groups
01:36:41
which does pose objectively real
01:36:44
disadvantage on them being able to climb
01:36:45
the ladder cuz you said something
01:36:47
earlier about your goal being in Canada
01:36:50
to make sure everybody like has a fair
01:36:51
shot.
01:36:52
>> That's right.
01:36:53
>> How does one counteract the systemic
01:36:55
issues around race or gender or whatever
01:36:57
it might be that stop that being
01:36:59
possible? Cuz I I find myself in an
01:37:02
interesting position where like on one
01:37:03
end I'm like I want to be treated like
01:37:05
everybody else,
01:37:06
>> right? And I've always felt that way.
01:37:07
And I've always I've always actually to
01:37:09
some degree cringed a little bit when I
01:37:11
felt like someone was giving me special
01:37:15
treatment
01:37:17
because my skin color was different
01:37:19
because it in some way made me feel like
01:37:21
I was at a disadvantage which I know can
01:37:23
become quite self-fulfilling. However,
01:37:24
on the other side of the spectrum, I do
01:37:27
also believe that there is like systemic
01:37:30
discrimination that is going to hold
01:37:32
certain groups back if there isn't
01:37:34
something done to level that playing
01:37:37
field. So, look, I think the answer is
01:37:40
equality. There has to be strict
01:37:42
equality and equal treatment regardless
01:37:45
of race, gender, uh, ethnicity,
01:37:47
religion. And that is the that is the
01:37:51
ideal to which we were all striving. And
01:37:53
I think if we get back to that, then we
01:37:56
can give everybody a chance to achieve
01:37:58
based on their own merit. Uh what we
01:38:00
need is a meritocracy that is colorblind
01:38:04
and and judges people based on what they
01:38:07
can do.
01:38:07
>> People aren't color blind, though, are
01:38:09
they?
01:38:09
>> No.
01:38:10
>> I think I my dad said to me when I was
01:38:11
younger, he said, "Everybody's
01:38:13
prejudice." I remember sitting in the
01:38:14
back of the car, "My dad's white." And I
01:38:16
was and I'm thinking, "My dad just said
01:38:18
that he thinks everyone might be like
01:38:19
might be racist and everyone's
01:38:20
prejudice." I'm like, "Is my dad
01:38:22
racist?" But um as I've got gotten
01:38:24
older, I realized that he to some degree
01:38:26
is telling the truth. That prejudice is
01:38:28
part of how we survived as humans and
01:38:30
we're able to understand danger from
01:38:31
not. So prejudice is something that I
01:38:33
think is very prevalent in society
01:38:35
whether we believe we're not and
01:38:37
everyone else is. So if prejudice is
01:38:39
very prevalent in society, does there
01:38:40
need to be measures that counteract that
01:38:43
to give everybody a fair chance? Our
01:38:46
institutions have to be conscious about
01:38:47
making sure that we are judging people
01:38:49
based on their merit and they should you
01:38:52
know work aggressively to make sure that
01:38:55
there is that everyone regardless of
01:38:57
where they come from their background
01:38:59
has a chance to succeed get the job get
01:39:02
the promotion move up the ladder I don't
01:39:05
think that is achieved by breaking
01:39:08
people down into more and more different
01:39:10
groups and divisions by trying to build
01:39:13
the barriers between pe people based on
01:39:17
race and gender. I think it's by
01:39:19
actually removing them. So the the
01:39:21
problem I have with with wokeism is it
01:39:23
it seems almost designed to divide
01:39:26
people. And that is exactly the opposite
01:39:29
of the objective that we all sought when
01:39:32
we uh when we pushed for racial equality
01:39:35
and personal and personal freedom and
01:39:37
responsibility.
01:39:38
>> How does one contend with the systemic
01:39:40
issues though the like the prejudices? I
01:39:42
I I remember reading about studies where
01:39:44
like if you they got a bunch of people
01:39:45
and got them to apply for jobs and just
01:39:47
based on the names whether they were
01:39:49
like a a typically white name versus say
01:39:52
a typically black name the response rate
01:39:54
is marketkedly different.
01:39:56
>> Well, I go back to my first principles.
01:39:58
I think that government is responsible
01:40:00
for a lot of the the barriers that are
01:40:02
put in place. So, let me give you some
01:40:04
examples. When government brings into
01:40:06
place these anti- housing policies that
01:40:09
I described, they v they they impact far
01:40:12
more on minorities and disadvantaged
01:40:14
people than they do on established uh
01:40:17
people obviously because if if you're
01:40:19
new to a country or you come from a a
01:40:21
poorer background, you won't have a
01:40:23
house and then you're the one who's
01:40:25
going to pay the biggest price for the
01:40:26
fact that government is making housing
01:40:28
unaffordable. If you think at the
01:40:30
occupational licensing rules that I just
01:40:32
described that block immigrants from
01:40:33
having working in their professions even
01:40:35
when they're thoroughly qualified, those
01:40:37
are government-imposed obstacles that
01:40:40
prevent people from getting ahead. Also,
01:40:43
a lot of these soft on crime policies
01:40:45
have been sold to us on the grounds that
01:40:47
they're going to help minorities by
01:40:49
ensuring that they we we don't have as
01:40:51
high a conviction rate. Well, what
01:40:52
they've actually done is that in many
01:40:54
minority communities where the
01:40:56
law-abiding people are now suffering as
01:40:59
a result of
01:41:01
criminals of all backgrounds. And so,
01:41:04
ironically, it's actually government
01:41:06
policies that are causing people of
01:41:08
disadvantaged backgrounds to suffer even
01:41:10
more. So, wokeism accentuates all of
01:41:14
those problems rather than solving them.
01:41:16
So I'm interested in solving problems to
01:41:18
give everybody the opportunity to live a
01:41:20
safe, affordable, opportunityfilled
01:41:22
life. And wokeism is not doing that. The
01:41:25
actually get creating a free market,
01:41:28
free enterprise economy with free people
01:41:30
who have free speech. That that's the
01:41:32
the single best way to give people of
01:41:34
all racial backgrounds a better chance
01:41:36
in life.
01:41:37
>> Again, I'm holding the position of uh
01:41:39
the DEI to try and I like the clash of
01:41:41
ideas because it helps me to think
01:41:43
through these things. I've never had the
01:41:44
chance to ask somebody these kind of
01:41:46
questions before. And on that point of
01:41:47
housing, one of the things that I I
01:41:48
found to be quite surprising was that
01:41:51
black mortgage applicants are up to 200%
01:41:54
more likely to be denied a home loan
01:41:56
than white applicants with the similar
01:41:58
financial profile.
01:42:00
>> This is in Canada.
01:42:01
>> These stats are for the West. So,
01:42:02
>> okay,
01:42:03
>> but but what is going on there? because
01:42:06
it says that they have similar financial
01:42:08
profiles, yet their their applications
01:42:11
are being denied up to 200% more than
01:42:16
white home buyers.
01:42:18
>> So, I had not seen those data that data
01:42:19
point before, but I would say that this
01:42:21
is these sound like really stupid
01:42:23
bankers um because they're making a bad
01:42:25
decision to deny people a mortgage and
01:42:29
ultimately deny themselves the business
01:42:31
um if they're if if that's how they're
01:42:33
making their judgments. And then DI
01:42:35
comes in to make sure that their
01:42:36
judgments aren't stupid.
01:42:37
>> Well, I'm not sure that DEI cures
01:42:40
stupidity though. In some cases, we've
01:42:43
seen it cause more.
01:42:44
>> That's how it shows up, right? It's like
01:42:45
a logical next step, which is there's
01:42:47
prejudice going on in the system, which
01:42:49
is making it in inequal.
01:42:53
And it's a DEI becomes this corrective
01:42:55
measure so those stupid bankers don't
01:42:56
make stupid decisions.
01:42:58
>> But but DEI has been in place now for
01:43:01
several decades. and how is it working?
01:43:04
You're reading the statistics to show
01:43:05
that it's not. So maybe it's not
01:43:07
actually doing what it's designed to do.
01:43:09
Maybe it's doing other things.
01:43:10
>> The other thing that I actually was
01:43:11
really keen to talk about, I just
01:43:12
realized, is um
01:43:13
>> Sure.
01:43:14
>> is this
01:43:16
>> Oh, that's little Valentina there. She
01:43:18
loves to be on daddy's shoulders.
01:43:20
>> How old is Valentina?
01:43:21
>> Valentina is seven years old.
01:43:23
>> Seven years old. And she's she's
01:43:24
non-verbal.
01:43:25
>> She's non-verbal. Yes.
01:43:26
>> What does what does non-verbal mean?
01:43:29
>> She is autistic. She's on the spectrum.
01:43:32
So, um, she her biggest the biggest
01:43:35
difference between Valentina and other
01:43:38
children is the ability to communicate
01:43:41
verbally. Um, so we're working very hard
01:43:44
on that. She's making some encouraging
01:43:46
progress, but she does uh have some
01:43:49
challenges in that area. She's um very
01:43:52
acrobatic and rambunctious. She loves to
01:43:55
climb, swing, bounce, jump, and she is
01:43:59
extremely affectionate. And one of the
01:44:02
superpowers she has is that whatever she
01:44:04
does, she does 100%. She's also 100%
01:44:07
authentic.
01:44:09
>> So, and that's not the case once kids
01:44:11
get old enough to manipulate to get what
01:44:13
they want. They can put on acts and
01:44:15
artififices. She doesn't do that. She's
01:44:16
a the real deal all the time. Uh you
01:44:20
know exactly how she feels because she
01:44:21
indicates it. and she's very blessed to
01:44:24
have a a little brother, Cruz, who
01:44:27
adores her and treats her better than
01:44:29
anyone else in the world.
01:44:32
>> I often hear parents talk about their
01:44:35
concerns with, you know, someone like
01:44:37
Valentina growing up in the world as
01:44:39
non-verbal. You're not going to be here
01:44:40
forever
01:44:41
>> to protect her. And you know, I was
01:44:42
saying to you before, my brother has
01:44:44
three kids under the age of what, seven
01:44:45
years old now. and I've noticed uh just
01:44:48
how much he thinks about how they're
01:44:51
going to be when he's not here. How does
01:44:53
that relate to Valentina being
01:44:55
non-verbal and and how you think about
01:44:56
the future?
01:44:57
>> Well, a lot of things. Like one, we
01:45:00
obviously have to build up a nest egg
01:45:02
for her so that if she can't earn
01:45:04
income, she will have uh uh the
01:45:06
resources for a great life after we're
01:45:09
gone. And second, we're really hoping
01:45:11
that there we forge a very permanent and
01:45:15
um
01:45:16
deep bond between her and her brother
01:45:19
Cruz because he will be there. And he
01:45:22
one of the things he says again and
01:45:23
again is my job is to protect Valentina
01:45:26
from bad guys. So um this is a good
01:45:29
attitude especially that they are
01:45:31
actually in the same class even though
01:45:33
she's older. She is in his class at
01:45:35
school and so she's daddy he's daddy's
01:45:38
eyes uh to protect our little princess.
01:45:42
But I think when he's older I I believe
01:45:45
based on his nature that he's going to
01:45:46
be there for her and um we we are
01:45:49
building a plan towards that.
01:45:51
>> My job is to protect Valentina from bad
01:45:53
guys.
01:45:54
>> That's right.
01:45:57
It's it's a it's a great instinct.
01:46:00
>> How has it changed your politics?
01:46:06
It's reinforced my sense of um
01:46:12
compassion for people who can't provide
01:46:14
for themselves. And you know, I've
01:46:16
talked a lot about how government should
01:46:17
be limited. I do think there's a very
01:46:20
real role for government to help people
01:46:22
who genuinely cannot provide for
01:46:24
themselves. People who suffer from with
01:46:26
disabilities being probably the best
01:46:28
example.
01:46:29
And um it has reinforced to me that we
01:46:33
have to also have policies that
01:46:35
recognize the inherent worth of every
01:46:37
individual.
01:46:39
Too often governments have seen people
01:46:43
with disabilities as just someone they
01:46:46
have to care for but not someone who can
01:46:48
contribute. And I believe that everybody
01:46:50
has something to contribute and that we
01:46:53
should try to unlock that in every human
01:46:55
being. Um, we don't know exactly what
01:46:58
Valentina will do, but I believe she
01:47:00
will do some kind of a job at some point
01:47:02
in the future and um, I'm very
01:47:05
passionate about policies that enable
01:47:08
people with disabilities to have work
01:47:10
opportunities, even if it's just very
01:47:12
limited, to design programs so that when
01:47:15
they have a, for example, cash or
01:47:17
medication support, it doesn't get
01:47:18
robbed from them just because they get a
01:47:20
job. So, it has focused my mind a lot on
01:47:24
people. It gives you a sense of
01:47:25
compassionate because when you see
01:47:27
somebody who might be different like I
01:47:29
see my daughter in that person. I see my
01:47:32
daughter my often my wife is very good
01:47:34
at this. She'll see someone who might be
01:47:36
acting differently in a crowd and other
01:47:38
people are looking at that person and
01:47:40
she'll grab my hand. She'll say I think
01:47:42
he's autistic and then she will often go
01:47:44
and talk to that that boy and make him
01:47:46
feel loved. Um so compassion is about
01:47:50
feeling what the other person feels. And
01:47:52
you have but a greater ability to do
01:47:54
that when there's a loved one close to
01:47:55
you who has the experience.
01:47:58
>> An interesting range of emotions to be
01:48:01
the father, the parent of a autistic
01:48:04
child.
01:48:05
>> I know this because I get messages on
01:48:08
mass from our audience members who have
01:48:10
an autistic child.
01:48:12
>> Yes.
01:48:13
>> What what can you say to to the range of
01:48:14
emotions you feel?
01:48:16
My wife was able to discern that there
01:48:20
was something different about Valentina
01:48:22
very early on when she was still a baby
01:48:24
because she didn't make a lot of eye
01:48:25
contact and there was a period during
01:48:27
which she was not very communicative at
01:48:30
all. Um even in ways that babies
01:48:32
normally are. Uh there wasn't a lot of
01:48:34
reciprocal communication to start with.
01:48:38
So when we went for the diagnosis
01:48:41
we were not that shocked. So, you know,
01:48:44
when the when the I think she was a
01:48:46
nurse or she was a specialist gave us
01:48:48
the diagnosis and she was like paused
01:48:50
like waiting for us to burst into tears.
01:48:51
I mean, we were just kind of like,
01:48:53
"Yeah, we we expected that and let's get
01:48:56
on with it." And then we just started
01:48:57
doing the things that we had to do. And
01:48:59
my message to parents of autistic
01:49:01
children is just focus on what you can
01:49:02
control. Get on to the things that you
01:49:04
have to do. Get a speech therapist. Get
01:49:06
the play structures in the house that
01:49:08
they love. with Valentina. It's it's a
01:49:10
it's a b bouncy castle and a little
01:49:12
trampoline and a lot of building blocks
01:49:15
and enjoy them. Like they they're she
01:49:17
she's so much fun. Like she's a fun
01:49:19
little girl. She loves to jump. She's
01:49:21
scared of nothing. If anything, the
01:49:23
problem is she's a bit too much of a
01:49:25
daredevil, but she's she's a thrilling
01:49:28
little girl to be around. She loves to
01:49:29
like you see all the pictures with her
01:49:31
on my shoulder. She always loves to
01:49:32
climb on my on my back and she loves to
01:49:35
run. She loves me to run with her on her
01:49:37
shoulders. So like en enjoy the special
01:49:40
things that they bring because they they
01:49:42
they are magical. They're they're
01:49:44
they're wonderful. They're just they
01:49:47
they call it autism because they're
01:49:48
autotapping
01:50:01
on something might might give her a
01:50:02
tremendous sensation that we can't
01:50:04
appreciate.
01:50:06
On the other side, minor irritants that
01:50:08
you and I would brush off might drive
01:50:11
her completely crazy.
01:50:12
>> And so, if she's having a meltdown, it's
01:50:14
not because she's a bad kid. It's
01:50:16
because she's going through a horrific
01:50:18
sensation that we can't quite
01:50:19
understand. So, but you just have to
01:50:22
embrace it all. And um it's a lot of
01:50:24
extra leg work that goes into a child
01:50:28
that has these um conditions, but it's
01:50:30
worth it and it's rewarding in the end.
01:50:33
She uh you know obviously not met her,
01:50:35
but from all the photos she she makes
01:50:37
you smile just looking at the photos.
01:50:38
>> She makes everyone smile and she's got
01:50:40
uh she's very popular at school. The
01:50:42
kids are very nice to her, by the way.
01:50:44
Like we we we get secondhand reports and
01:50:46
it's like they love her. They're sweet
01:50:49
to her. Um she has a little boy that has
01:50:52
a crush on her, so I'm keeping an eye on
01:50:54
that. Um but she's so affectionate. Like
01:50:57
we went to a fall fair one time and
01:50:59
there were these little old ladies
01:51:01
sitting there and Valentina just decided
01:51:02
she liked this little old lady and went
01:51:04
and sat on her lap like complete
01:51:05
stranger. But that's how she is. She
01:51:08
decides she likes you and you're in.
01:51:11
>> What are your um what are your closing
01:51:12
statements? We've got listeners that
01:51:13
are, you know, all over the world, the
01:51:14
United States, Canada, Australia, the
01:51:16
UK. If you um if you had to send one
01:51:19
final message to them, what would that
01:51:22
message be in this moment in time that
01:51:24
we find ourselves in?
01:51:26
Well, I'm actually optimistic about the
01:51:27
future and I think Canada's got a very
01:51:29
bright future. Um, I think the world
01:51:31
should look to Canada. We have the most
01:51:32
resources of anyone in the world. We
01:51:34
have probably the most uh diverse and
01:51:36
educated population. Uh, we have uh the
01:51:40
the most fresh water, the um uh the
01:51:43
second biggest land mass. Uh, and I
01:51:46
think it's going the future belongs to
01:51:48
Canada. We're going to be an incredible
01:51:50
place. Uh, the MB of the world
01:51:52
>> if and so if we if we do the right
01:51:54
things. I don't want to be egotistical
01:51:55
about it, but I think it would help if I
01:51:56
were prime minister as well.
01:51:59
>> I love Canada. It's one of my my
01:52:00
favorite places in the world for so many
01:52:02
reasons. Um when I told you when I went
01:52:03
to Toronto for the first time, I felt
01:52:04
like I was at home.
01:52:05
>> Yeah.
01:52:06
>> Um because I think you know Brits and
01:52:07
Canadians have a lot in common.
01:52:08
>> Absolutely.
01:52:09
>> Including a king.
01:52:10
>> Um
01:52:10
>> yeah, you would be very uh wellreceived
01:52:12
in Canada. So consider um coming.
01:52:16
>> I I go all the time when whenever I'm uh
01:52:18
whenever I'm invited to go and I've been
01:52:20
once or twice on vacation as well. So I
01:52:22
hope to be back there soon. And uh
01:52:23
actually going to do a tour there at
01:52:24
some point with with the Dio to meet all
01:52:26
the people that listen. So very excited
01:52:28
about that as well.
01:52:28
>> Oh, you'll bring you'll bring up big
01:52:30
crowds.
01:52:30
>> Oh,
01:52:30
>> it'll be fun.
01:52:31
>> We have a closing tradition on this
01:52:33
podcast where the last guest leaves a
01:52:34
question for the next guest not knowing
01:52:35
who they're leaving it for. And the
01:52:37
question left for you is h
01:52:42
what are you most afraid of and how do
01:52:45
you deal with that fear?
01:52:50
Hm.
01:52:52
I don't have a lot of fears. I mean, for
01:52:56
myself, um I would say going back to
01:52:59
family, it would be that something would
01:53:00
happen to my kids. Uh you know, just
01:53:04
you hear uh terrible terrible things in
01:53:07
the news. I was just uh unfort you know,
01:53:09
unfortunately I I had to go to a funeral
01:53:11
for uh mass shooting victims in Tumblr
01:53:15
Ridge, British Columbia. And I just, you
01:53:18
know, every parent worries about
01:53:20
something happening to their kids. I
01:53:22
think that would be my biggest fear.
01:53:24
>> What about for Canada at large?
01:53:26
>> The biggest fear I have for Canada is
01:53:27
that
01:53:30
we just keep
01:53:32
blocking our own potential and declining
01:53:35
and opportunity vanishes and slowly our
01:53:38
people lose the promise that the country
01:53:41
gave me and so many generations. And so
01:53:46
my fear is that we become the the frog
01:53:48
in boiling water and it just gets slowly
01:53:52
warmer and warmer and warmer and the
01:53:54
frog really never notices.
01:53:56
>> Is that the trajectory of travel?
01:53:58
>> I think it is unfortunately but I think
01:54:00
we can change that trajectory if we make
01:54:03
uh some big reversals uh in direction.
01:54:05
>> And lastly, what about for the world
01:54:07
generally the western world?
01:54:11
I would say my biggest fear is that uh
01:54:13
the western world does not stay true to
01:54:15
its foundational principles. I want the
01:54:19
western world to stay true to the to the
01:54:21
basic principles of that that grew out
01:54:23
of the Magna Carta, a freedom of um
01:54:26
government that is servant uh people
01:54:29
that are masters and that the free
01:54:33
democracies not only succeed at home but
01:54:36
work together abroad to preserve the
01:54:38
that that uh civilization.
01:54:41
>> Thank you so much. Thank you for taking
01:54:42
the time to to come have this
01:54:43
conversation with me and answering all
01:54:44
of my questions. Um, it's, you know, I
01:54:46
don't like interviewing politicians
01:54:48
because they are very slippery,
01:54:50
>> right?
01:54:50
>> And they slip and slide away from
01:54:52
answering things in a way that makes the
01:54:54
the very essence of why we started this
01:54:55
show feel like we're um like we're not
01:54:59
delivering for the audience who want to
01:55:01
know the truth, whether it's ugly or
01:55:03
indifferent or whatever it might be. And
01:55:05
um, I've really enjoyed the conversation
01:55:06
because I feel like you answered my
01:55:07
questions to the best of your ability.
01:55:08
>> Thank you.
01:55:09
>> And that's often that's not usually the
01:55:10
case with politicians. And
01:55:12
>> thank you. I think they think that's the
01:55:14
right approach, but actually I think in
01:55:17
a world that's now more of a glass box
01:55:18
than ever before and not a black box
01:55:20
where you can paint the image of
01:55:21
something on the outside, being
01:55:22
transparent and being willing to come
01:55:24
into these environments and your team
01:55:25
didn't tell me anything was off limits.
01:55:27
They didn't say there was anything I
01:55:28
couldn't ask you, right?
01:55:29
>> They didn't ask to be able to edit this.
01:55:31
And I would like more politicians to to
01:55:34
follow in that vein. YouTube have this
01:55:36
new crazy algorithm where they know
01:55:37
exactly what video you would like to
01:55:39
watch next based on AI and all of your
01:55:42
viewing behavior. And the algorithm says
01:55:44
that this video is the perfect video for
01:55:47
you. It's different for everybody
01:55:48
looking right now. Check this video out
01:55:50
and I bet you you might love

Badges

This episode stands out for the following:

  • 80
    Most heartwarming
  • 75
    Most heartbreaking
  • 70
    Most emotional
  • 70
    Best performance

Episode Highlights

  • The Importance of Canada to the U.S.
    Canada has the fourth biggest supply of oil, crucial for U.S. energy needs.
    @ 00m 30s
    April 02, 2026
  • Unlocking Resources
    Discussing the need to remove bureaucratic obstacles for resource development in Canada.
    “We need to remove those obstacles so that private investment can unlock those resources.”
    @ 19m 13s
    April 02, 2026
  • A Gracious Decision
    Reflecting on his adopted mother's support for meeting his biological mother.
    “It’s one of the most gracious things I’ve ever seen.”
    @ 24m 21s
    April 02, 2026
  • Contradictions in Ideology
    The contradiction in socialist ideology regarding human nature is highlighted.
    “They say human beings are wretched... but they’re angels in the governmental economy.”
    @ 36m 29s
    April 02, 2026
  • Inflation and Wages
    Monetary inflation is outpacing wage growth, hurting the working class.
    “The growth in the money supply is eight times faster than the growth in the housing supply.”
    @ 43m 10s
    April 02, 2026
  • Decline in Birth Rates
    Birth rates are declining, raising questions about future economic stability.
    “How do you run an economy without new children being born?”
    @ 54m 09s
    April 02, 2026
  • AI's Impact on Employment
    The rise of AI is changing the job market, making certain skills more valuable.
    “The speed of adoption we’re seeing is staggering.”
    @ 01h 02m 41s
    April 02, 2026
  • The Immigration Challenge in Canada
    Canada's immigration system has historically been uncontroversial but faces new challenges.
    “We didn't have that in Canada. Like that was unheard of.”
    @ 01h 11m 25s
    April 02, 2026
  • The Importance of Military Presence
    Canada is building up its military to protect its sovereignty amid global tensions.
    “We cannot simply rely on the Americans to protect us.”
    @ 01h 21m 23s
    April 02, 2026
  • The Power of Stoicism
    Stoicism teaches us to focus on what we can control, bringing peace and empowerment.
    “When you're focused on what you can control, you're the boss of your life.”
    @ 01h 29m 54s
    April 02, 2026
  • A Father's Love
    A father shares his hopes for his non-verbal daughter Valentina and the bond with her brother.
    “My job is to protect Valentina from bad guys.”
    @ 01h 45m 53s
    April 02, 2026
  • Optimism for Canada's Future
    A hopeful vision for Canada's potential and resources in the global landscape.
    “I think the future belongs to Canada.”
    @ 01h 51m 48s
    April 02, 2026

Episode Quotes

  • There’s no solutions, just trade-offs in life.
    Pierre Poilievre, The Next Prime Minister of Canada?: The Economy Is About To Collapse!
  • You have to love people for who they are.
    Pierre Poilievre, The Next Prime Minister of Canada?: The Economy Is About To Collapse!
  • This is the kind of thing we could be doing.
    Pierre Poilievre, The Next Prime Minister of Canada?: The Economy Is About To Collapse!
  • We need to ensure that AI empowers people, not replaces them.
    Pierre Poilievre, The Next Prime Minister of Canada?: The Economy Is About To Collapse!
  • You have to win to fix these problems. It’s not about you.
    Pierre Poilievre, The Next Prime Minister of Canada?: The Economy Is About To Collapse!
  • My job is to protect Valentina from bad guys.
    Pierre Poilievre, The Next Prime Minister of Canada?: The Economy Is About To Collapse!

Key Moments

  • Childhood Trauma27:01
  • Political Awakening31:40
  • Human Nature Debate36:03
  • Inflation Issues42:50
  • AI Disruption1:02:41
  • Leadership Challenges1:25:04
  • Hope for Canada1:51:48
  • Parental Concerns1:53:20

Words per Minute Over Time

Vibes Breakdown

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01:46
The Diary Of A CEO Episode #400
WW3 Threat Assessment: "Trump Bombing Iran Just Increased Nuclear War Threat" The Terrifying Reality
March 04, 2026
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02:16:52
WW3 Threat Assessment: "Trump Bombing Iran Just Increased Nuclear War Threat" The Terrifying Reality
Financial Crash Expert: In 3 months We’ll Enter A Famine! If Iran Doesn’t Surrender It's The End!
April 06, 2026
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01:33:49
Financial Crash Expert: In 3 months We’ll Enter A Famine! If Iran Doesn’t Surrender It's The End!
The Iran War Expert: The Most Dangerous Stage Begins Now
April 13, 2026
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01:36:49
The Iran War Expert: The Most Dangerous Stage Begins Now
World Collapse Expert: We’re Entering The Most Dangerous Global Power Vacuum Ever
April 16, 2026
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01:39:42
World Collapse Expert: We’re Entering The Most Dangerous Global Power Vacuum Ever
WW3 Expert: Israel’s Plan To Conquer The Middle East
May 07, 2026
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02:11:10
WW3 Expert: Israel’s Plan To Conquer The Middle East
Pulitzer Prize Historian: You Won't Notice Until It’s Too Late
May 11, 2026
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01:48:15
Pulitzer Prize Historian: You Won't Notice Until It’s Too Late
Scott Galloway: "There Is A 33% Chance That Trump Dies In Office!"
November 04, 2024
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01:54:48
Scott Galloway: "There Is A 33% Chance That Trump Dies In Office!"