Sanae Takaichi becomes Japan’s first woman PM, a hardline conservative opposing unchecked immigration while rejecting xenophobia, amid concerns over 24,500 foreign drivers by 2028. Ezra Levant contrasts Japan’s order with Western chaos, citing cultural clashes like Johnny Somali’s alleged harassment, and warns of economic stagnation in Canada due to policies like Carney’s carbon tax and pipeline bans. Franco Terrazano argues Ottawa’s corporate welfare—funded by small businesses—artificially inflates growth, risking industrial flight to the U.S., where Trump’s direct approach may prove more attractive. Meanwhile, Levant’s Dublin reporting sparks debate over migrant accommodations and media bias, underscoring global tensions between open borders and economic sovereignty. [Automatically generated summary]
I'm in Canada back from Ireland, but I want to talk to you about Japan.
They have a new prime minister, and from what I've read about her, she is awesome.
And I tell you, her campaign platform is incredible.
Let me take you through it today.
But first, let me invite you to become a subscriber to Rebel News Plus.
That's the video version of this podcast.
I'm going to show you a live streamer named Johnny Somali, who was a menace in Japan for years and who really turned the Japanese against immigration.
He was so odious.
I want to show you what he did to the Japanese to make them hate him and how that helped win the prime minister her position.
So you've got to get the video version of this podcast.
Go to RebelNewsPlus.com and click subscribe.
It's eight bucks a month, which might not sound like a lot to you, but boy, it adds up for us.
Rebelnewsplus.com.
Tonight, we all know that Japanese are smart.
Well, this week they really proved it.
It's October 23rd, and this is the Ezra Levant Show.
This is a monologue about mass immigration, the subject I was just in Dublin, Ireland about.
And a country, not Ireland, that has decided it doesn't want to follow the roadmap of Ireland or the United Kingdom or Canada or France or Sweden or Germany.
Do you ever see those old-timey movie reels of the United Kingdom?
They're full of nostalgia.
Hiroshima Museum Revelation00:14:28
And I wonder why.
Is it just a longing for a simpler past?
About a time when Britain was British, when it was safe and peaceful and united in purpose?
Before someone decided that what the UK really needed, what that peaceful kingdom really needed, was just a few million migrants from Somalia and Afghanistan.
Mass immigration does that.
I want to tell you a personal story.
I went on a family vacation two years ago after the October 7th, 2023 massacre when Hamas invaded southern Israel.
I wanted to go somewhere where I could take a break from everywhere being faced with barbarism and stress.
I wanted to go to the most un-Middle Eastern place I could find.
And it dawned on me to go to Japan.
So we took the family for a bit of a vacation.
I'd never been there before.
I didn't know much about it.
But I have to tell you, for the entire time I was there, I felt like I was in a superior civilization, an advanced civilization.
They are superior in many ways, not always.
And I know I fall in love with countries I travel to, whether it's the UK or Ireland.
I like to find the best of everywhere I go to.
Maybe you think I'm just a fanboy.
But no, Japan is an amazing place.
Let me just start with aesthetics.
There's almost no graffiti.
I'm not going to say there's none in the entire country, but it was startlingly, noticeably graffiti-free.
There's almost no garbage on the streets, not even in alleys.
I'm not going to say zero garbage, but in the whole time we were there, I think maybe once I saw some garbage.
And the funny thing is, there's no public garbage cans.
You take your garbage with you.
We found 7-Elevens and they had garbage cans.
Like, we're not used to having no garbage cans, but it's immaculate and meticulous.
Speaking of garbage, when you think of an alley in downtown Toronto or Vancouver or Montreal or Calgary, I don't know about you, but when I think of an alleyway, especially at night, I think danger, I think dirty, I think maybe rats.
I think maybe human danger in the form of drug addicts or homeless sleeping there.
It is the opposite in Japan.
Alleys are immaculate and they hold little hidden secrets like a tiny restaurant with just eight seats or a tiny craft store.
They are the funnest part and completely safe.
In my entire time in Japan, a country over 100 million, I only heard shouting once in our entire time there, and it was by a foreigner, a tourist.
I don't know if I ever heard a horn honk, even once, even driving in the world's largest city of Tokyo.
And I know what I'm about to say is probably not true all the time, but just my own anecdotal observations.
There were no traffic jams in Tokyo.
Again, 40 million people in the greater Tokyo area.
But it was like the Jetsons with elevated highways for going between neighborhoods and the lower roads for going within a neighborhood.
So if you were traveling, you know, five miles, you would hop up on one of these elevated sky highways and go really fast.
And then when you came near your destination, you would come back down to the ground.
It was sort of awesome.
And to get between cities, there were these bullet trains that really move so fast and they're pretty incredible and easy to deal with.
I don't know.
It really feels like living in the future.
And even the fashion, I felt like a slob.
I mean, I was on vacation, but every single person dresses smartly over there.
I mean, and with very few exceptions, young women are dressed modestly.
I mean, I just was impressed everywhere I went.
I thought, yikes, I'm not living up to Japan, just even walking on the street.
And there are religion or even at least cultural traditions remain with vestiges of it in many ways, including temples in many places, even in the cities.
I found the Japanese people to be polite and dignified and to take their reputation very seriously in how they dealt with you, even as a stranger.
In fact, especially as a stranger, it was a very high trust society.
I'll be honest, I felt like a noisy, sloppy barbarian the whole time I was there.
Interesting things.
There's less English skills than you might imagine.
Now, I can't go to China for fear of arrest.
So this was a better, safer trip to take.
It was like living in the future.
I mean, I mentioned the bullet trains already.
They love futuristic food even.
I mean, they invented ramen soup and even vending machines with hot soup in a can.
I know that sounds funny, but it's pretty delicious.
They have a whole ramen noodle museum.
I went to Hiroshima, and I should tell you that that city, which the Americans dropped an atomic bomb on, is completely rebuilt, obviously.
Nothing remains radioactive.
There is no danger there at all.
In fact, there's a little cafe right near what they call the Hypo Center, which is the place right underneath where the bomb went off.
Hiroshima, look at the pictures.
Hiroshima is in better shape, cleaner, more prosperous, more built up than, say, Port-au-Prince, Haiti.
I mean, it's an astounding tribute to the Japanese people.
Now, the museum and memorial in Hiroshima is very troubling.
In fact, I have to tell you, this was soon after October 7th, and I just couldn't take.
I just couldn't take the museum.
It was too heavy for me.
I felt like I was suffocating, and I left halfway through, but I did get the meaning of it and the spirit of it.
There was a candor in that Hiroshima Museum and Memorial, too.
I didn't know until I went to the museum that 20,000 of the people in Hiroshima who were killed by the atomic bomb, they were slaves.
Japan took slaves and brought them to the mainland, sorry, not mainland, to Japan, to work as industrial slaves.
In this case, 20,000 Korean slaves were in Hiroshima and died from the bomb bust.
I just didn't know that, but it reminds me, Japan was a brutal place before the war, and Japan did commit some atrocities.
Look at the rape of Nanking.
I don't believe the revisionist history that's coming out that the nuclear bomb was immoral or America was immoral for dropping it.
If you listen to true historians like Victor Davis Hansen, dropping the atom bomb not only saved an enormous number of American lives, it's estimated that a million casualties would have been taken invading Japan.
But it saved an enormous number of Japanese lives too, given the absolute frenzied and fanatic commitment to fighting.
There probably would have been a million casualties on each side, probably many more on the Japanese side.
So I despise the revisionism.
It's worth going to that museum if you find yourself in Japan.
My favorite thing about Japan, of course, was it was filled with Japanese people.
I have to say, I think they're superior people.
And I don't think that's being racist to say, is it?
But even in my short visit there, I could see that was ending.
And frankly, it made me a bit worried.
I could see immigration still modest.
I could see that it was coming in quickly.
And the thing about mass immigration is the benefits of it are easy to count immediately, but the harms take a while to catch up.
The benefits, of course, accrue chiefly to corporations, cheap labor for employers, more tenants for landlords, more cell phone contracts for phone companies, more bank accounts for banks.
So yeah, I mean, we see that in Canada.
Who is loving immigration?
Who's advertising to new immigrants?
All the industries I've just listed.
Let me read to you a story from about a year ago talking about Japan's strategy.
Let me read this to you.
Japan is hoping to tackle a worsening manpower shortage in its transportation industry by licensing up to 24,500 foreign taxi bus and truck drivers by fiscal year 2028.
What a disastrous idea that is, not just from a safety point of view, but from a crime point of view.
And by the way, I was in Austin a couple weeks ago.
If you remember, I went down to go on Alex Jones' show.
I ordered an Uber, and I didn't expect this.
I didn't know this.
They sent me, it being Austin, a driverless car called a Waymo.
It was a driverless taxi that came to get me.
I had never even seen one before, let alone been in one.
And I was slightly skeptical getting in, but it was completely safe, utterly clean, and I sort of loved it.
And I guess I would say to Japan, you don't need to bring in 24,500 people who will bring with them a multitude of problems.
You can just use robots like they're using in Austin.
The harms, of course, to mass immigration being depressed wages, increased cost of living, and mainly, mainly, mainly a lack of cultural fit, including the treatment of women.
And if you think that that's bad in places like the UK or Ireland, I just describe for you for 10 minutes the politeness and the respect inherent in the Japanese culture.
Imagine bringing in people from Somalia, from Afghanistan, to a Japanese culture.
The outright crime waves we're seeing in Ireland and UK and Sweden.
Imagine that transposed into the high trust, high connected society of Japan.
So I was ecstatic when I heard that Japan has just elected a new prime minister focused on the issue of immigration.
Her name is Sanae Takaichi.
She also happens to be the first woman prime minister.
Normally, the left would go gaga over her, but she's the most right-wing prime minister on the issue of immigration.
Here's the New York Times story calling her a hardline conservative.
Have you ever seen the New York Times call someone a hardline leftist?
I haven't.
Let me read a little bit about their coverage.
Ms. Takaichi has been a prominent critic of China's efforts to expand military and economic influence, and she has called for Japan to do more to strengthen its defense capabilities.
She has also been a staunch supporter of a return to Abe Nomics, a platform of low interest rates coupled with broad government spending.
During the campaign, she seized on a wave of anti-immigrant sentiment.
She said that Japan should create a, quote, command center to oversee issues related to foreigners.
And she blamed tourists for kicking the cherished deer in Nara, that's a city where she's from, and doing pull-ups on gates outside sacred shrines.
That is absolutely true, what's going on.
And it's disgraceful to see.
And I'm glad that she used those outrageous incidents by foreigners to win.
I mean, it is so, I just told you how respectful and politeful they are.
Imagine someone coming from a low-trust society and just saying, I can do whatever I want here.
Okay, let me read to you from Japan Times.
We witness and hear about such stories every day, but Japanese people are extremely tolerant, so everyone is swallowing their words, she said, adding that she will put an end to that by revising immigration policies from scratch.
For those who come to Japan with financial motives and claim that they are refugees, I'll have you go home.
I'll also have illegal immigrants strictly follow the law, Takaichi said.
And she appointed a hardline minister, also a woman.
This is from the Japan Times as well.
Let me read.
Onoda said she was looking to work closely with relevant government agencies to enforce stricter measures against unruly foreign residents and to revive the country's insufficient immigration policies.
Quote, the current reality is that the people are feeling anxiety, dissatisfaction, or a sense of unfairness due to crimes, nuisances, and inappropriate use of various systems by a small number of foreign nationals, Onoda said at a press news conference Wednesday.
This is the new cabinet minister.
While we must not fall into xenophobia, ensuring the safety and security of the public is essential for economic growth, she said.
Now, by the way, this new minister is born in Chicago, half American.
So I think in Japan, she'll have a lot of credibility as a half foreigner cracking down on foreigners.
And let me show you what we're talking about here.
And I want to tell you, I mean, I think I'm sort of polite.
I mean, that could be a bit noisy and that could be a bit gruff, but I was so self-conscious in Japan because everyone else was just being better behaved.
They were being more respectful, more polite, more gracious, more hospitable, more welcoming.
And if you have good faith in you, you'll be touched by that.
You'll be moved by that.
You'll look up to the Japanese people and maybe you'll come to love them a little bit.
There's certain things I like about our boisterous, noisy, cacophonous West.
Of course, I love it.
I mean, I don't know if I would live in Japan.
I don't know if I would be accepted in Japan, but what an amazing place to visit.
But take a look at this guy.
He's a live streamer who goes by the nickname Johnny Somali.
He's a foreign troublemaker in a high-trust society, a microcosm of what we have here.
He harasses people.
He monsters them in Japan and Korea and other places.
I just want you to just watch for a couple minutes of what he does and realize why he goes to Japan to do it.
Because if he were to do that in, let's say, Dallas, Texas, or if he were to do that in the wrong county in the United States, he would be shot.
But he knows that the Japanese are deferential and oh my god, did he get away with things?
Harassment in Japan00:04:13
Just take a look.
Watch for a couple minutes.
I hate Asians.
I honestly, I think all Asians need to be exterminated.
Somebody, please put this on the news tomorrow.
Put this on the news.
I want to start a race war.
My country music.
No music.
My country.
No music.
We have to go, we have to go.
We gotta go.
We gotta go.
We're right, we're right.
We got it.
It's amazing.
We're right, we're right, we're right.
He's calling somebody.
Oh.
No, we gotta go.
He don't.
He's calling somebody.
I'm going to eat somewhere else.
I'm sorry.
We're gonna go, we're gonna go, we're gonna go.
Yo, we're gonna eat some other, I'm dying.
I don't know.
Okay.
Why don't you go to Super?
I hear a show the other day to send $5.
We need to destroy your mental health.
We need you either in jail or Africa.
Niggers.
I don't like niggers.
$5.
Aなたをパック.
Aなたをパック.
Yo, you're gonna get somebody in jail.
We're gonna go to jail, bro.
I don't know why.
I don't know what I said.
Yo, Turan, yo, it's like.
I guess all monkeys aren't bad.
Love you, Johnny.
I love you, Mo Salter.
You're going to get me locked up, fam.
Fuck.
It's fucking people here.
Yo, why is he not stopping?
Why is he not stopping?
Yo, they all looking at me, bro.
They all look at me.
Oh, my God.
What?
Don't tell me to be quiet.
What?
I'm gonna leave.
Don't touch me.
Yo, don't know what to do.
You're not the police.
Oh, you are not police.
What?
What are you touching before?
We got video, video.
Okay.
Don't touch.
Okay.
Don't touch.
Don't touch me.
Okay.
Relax.
No, whoa.
Yo, what is going on, chat?
If you stay there, I won't do anything.
Yeah, he was finally arrested, and he's not doing that in Japan anymore.
I despise Johnny Somali, except for one reason.
One reason that I actually love him is that by making such an ass of himself, he helped get the new prime minister of Japan elected.
And in its own way, maybe by being so atrocious and abominable, maybe this chain of events that has come from him has saved Japan.
Sacrifices and Control00:15:11
I recommend visiting Japan if you can, precisely because they want to make it hard to visit.
Stay with us for more.
Hey, welcome back.
Let me do an impression.
I'm not going to do a funny voice or anything.
Just by the words I am about to use, tell me who I am pretending to be.
We are taking decisive action, transformational investments of a generational nature that will catalyze the economy.
If you guessed Mark Carney, you're right.
He's a master at a whole kind of duck speak, as George Orwell would say.
A series of words that once you hear them and pay attention to them, you can't help but notice half of his words are these filler words that really don't mean anything.
We're going to catalyze the economy with decisive action, with transformative investments of a generational need with decisive action.
If you think I'm kidding, take a listen to him.
Oh, here, if you cut through the clutter, you'll hear another important word.
It's just for you.
It's the word sacrifice.
Take a look.
I will always be straight.
But the challenges that we face and the choices that we must make.
And to be clear, we won't transform our economy easily or in a few months.
It will take some sacrifices and it will take some time.
I will.
Well, there you have it.
Some sacrifices and some time.
Certainly not for the government class, but for you, Canadian.
Joining us now to talk about that excerpt, which was from a larger speech last night.
It's our friend Franco Terrazano, the Canadian Taxpayers Federation.
Now, that was a pretty short clip.
You could see he was using some of those buzzwords.
Franco, what was the official name given to his speech?
It wasn't a budget.
It was, what was it, actually?
Yeah, it was like a budget address, right?
So like, let me get into the later details of the speech, but let me just pick up on that clip because I'm so glad you played it.
Sacrifice.
Sacrifice.
Sacrifice for who?
You nailed it, Ezra.
Not for the political elites, right?
Not for the government bureaucrats.
Not for the multinational corporations taking buckets of taxpayer cash.
No, no, no, no.
Sacrifice for Canadians.
Well, you know, Ezra, let me tell you a little story.
When I moved out here to Mordor, aka Ottawa, from Calgary, I couldn't believe just how much of a bubble the political bureaucratic class in Ottawa live in.
Like news flash for everyone on Parliament Hill, Canadians have been struggling for many, many years, struggling with the cost of living crisis, largely fueled by government taxes and money printing and borrowing.
Okay, like Canadians all across the country are having a difficult time ever even dreaming of owning a home.
Or what about the young family who has no idea how they're going to afford groceries, fueling up their cars to get to work, or even baby formula, right?
Canadians have been struggling for a very long time.
How about these politicians prove that we're all in this together and they themselves sacrifice for a change?
You know, one of the things that strikes me whenever I listen to Mark Carney is he sounds like he's still acting as the chairman of Brookfield Asset Management.
So he says, we are going to build a stronger economy and we, I, as Prime Minister, am gonna go and visit other countries and I'm gonna create economic opportunities as if he is still the generator of wealth, which is, I presume, what he was supposed to be at Brookfield.
He says he and he alone through his secretive process will create these national projects.
One of his ministers said 10 of them have been approved, but actually none of them have been announced.
Like, I just think he believes in a centrally planned economy.
He doesn't believe in letting the oil patch have a run at things.
I feel like I'm listening to an investor, and he actually is that.
He still has 600 different stocks he holds.
I don't think he understands the role of a prime minister.
I think he thinks he's the chief investment officer or something, but it's not his money.
No, it's not his money, right?
And look, when these politicians are spending your money, not their own, you might as well just send them to the casino, right?
Like we're already seeing how, you know, over the years, corporate welfare has been such a disastrous deal for Canadian taxpayers.
But let me build on that here for a second, right?
Because like, number one, the government is not the solution.
The government is the problem.
Regulations, taxes, driving away investment.
I mean, like, it is so hard to actually create a business and grow jobs here in Canada because of all these government regulations and taxes in place.
And, you know, Ezra, like, let's just call a spade a spade, right?
Essentially, for the last decade, the government has been trying to spin Canadians that it can create wealth out of thin air by spending other people's money.
Well, like, how has it worked out, folks?
Like, just ask yourself, right?
The government has been spending all-time highs for a long time.
Well, is the economy doing better than it was 10 years ago?
Like, is your life better?
Is your life more affordable?
Are you even getting better services from the federal government?
I think most Canadians, Ezra, are going to agree with us.
And the answer to all of those questions is no.
So how about the government stop trying to spend more money on everything forever and actually cut spending, regulations, and taxes and let job creators get to work?
You know, Franco, I saw some bad news.
You know, it's coming almost every day, a small announcement from one auto parts manufacturer or another.
300 jobs here, potentially thousands there.
And it is dawning on me, and I say this very unhappily, that I do think Donald Trump is going to follow through on his plan, or you could call it a threat, to relocate the American auto industry south of the border.
And I think that the moment we might have had to dissuade him of them, that has passed.
I mean, I don't say this with a drop of glee.
I think that the auto sector is going to be shut down in Canada.
And it's because there's no electoral college votes in Windsor for Donald Trump.
And I don't think, I think that maybe we had some time to deal with it.
Carney's been PM for about, I don't know, 220 days.
And I think he's been tone deaf.
I think he's been prickling the Trump administration for personal reasons.
I am worried that the auto sector is going to be shut down.
What do you think?
Do you think, like, at the end of the day, they are going to go where they have to go to be able to sell into the U.S. market?
I just don't think the Canadian market is large enough to sustain those auto factories.
You know, Ezra, let's really just be honest with ourselves and everyone, right?
We have, including the Prime Minister, so you, me, your audience, everyone listening, including the prime minister of Canada, have very little control over the White House does, regardless of what administration is in power.
What do we have control over?
Our own backyard in Canada.
That's what we have control over.
And like, look, if you're a major investor trying to figure out where you want to park your money, like, is Canada really the place that you want to be with all the government's over-regulations?
Like, let's just talk about natural resource sector for a second, right?
Well, you have the no more pipelines law.
Excuse me, all these regulations are grossing me out.
You have the no more pipelines law.
You have the discriminatory tanker ban.
You have the industrial carbon tax.
You have the hidden carbon tax through fuel regulations, right?
You have the production cap on oil and gas.
Like, this is all the stuff that our government of Canada is imposing on Canadians.
So, like, look, as I said, we really don't have much control over what happens in Washington, D.C., but what we do have control over is what happens in Ottawa.
And it's Ottawa's policies that have been harming Canada's economy for years.
You know, by coincidence, Danielle Smith was in Parliament and appeared before a parliamentary committee and was asked questions and made statements.
And one of her comments was that something that is completely within Canada's control that we don't need to bargain with the White House for is getting oil to tidewater, getting oil to the West Coast or the East Coast or theoretically to the Arctic coast.
I don't think that would probably make sense.
It is by far our most valuable export.
People might think the auto sector is.
No, oil and gas is like quadruple the value of the auto sector.
And here, let me show a clip from Danielle Smith today showing that you don't need to sacrifice necessarily.
You don't need to enter this recession.
You just need to get over your stubborn opposition to Alberta oil and gas.
Take a look.
I'll have to unpack with the preambles, and I'd like to start Premier Smith with a geopolitical view.
We've seen key allies from around the world repeatedly ask for Canadian energy.
And more recently, Taiwan has been asking for help.
And in their circumstance, and even India has said recently that Canada is not a reliable supplier yet.
Given this context, what level of interest or commitment do you see from around the Pacific Rim and other parts of the world?
And will you push the federal government to stand with these democratic partners, support the Canadian energy exports to them?
Thank you for the question.
The answer is a very high level of interest.
In fact, as an intergovernmental affairs minister and international affairs minister, I meet regularly with ambassadors and virtually every person I have met with has said, how can we get more reliable energy from Canada?
Right now, we do export through the Trans Mountain Pipeline.
When that began, everybody thought most of that product would go to the United States.
Instead, the majority of it is now going to Asia.
In addition, the way we get our product to Europe is it goes all the way down to the Gulf Coast, gets loaded on a tanker, and then gets sent to places like Poland and beyond.
And so we think that we should probably be trying to do more of our sales directly if we want to open new markets.
We think that there's capacity for another million barrel a day pipeline going to the West Coast, maybe another one going to Churchill or James Bay.
And we'd also like to see Quebec develop its substantial natural gas resources to be able to wean itself off American supply and also be able to support our partners in Europe as well.
Sort of obvious, not vague pie-in-the-sky comments, tangible.
Frankly, the Keystone XL pipeline could probably be restarted with the shortest notice of all of them because they've actually built a fairbed, including the part that crosses over the border.
Franco, what a difference between the Premier of Alberta, who's ready to rock, and Mark Carney, who says, hey, guys, I promise I'll double trade to other countries, just not with the things that they want, oil and gas.
Well, you know, Ezra, too, like, let's go back to the beginning of our conversation because I think it fits in right after Premier Smith's comments.
Like, actually, the solution would actually mean less sacrifice for Canadians, right?
Government getting out of the way, repealing Bill C-69, the No More Pipelines Law, the discriminatory tanker ban on the West Coast, and just let job creators to build these major natural resource projects, right?
That would create thousands of jobs.
That's, you know, billions of dollars in extra government revenue that we could use to build more hospitals, to build more schools, to fix the potholes, to have room to lower taxes.
So actually, the real solution here would actually mean less sacrifice from Canadians, more job creation, more wealth.
What it would mean, though, the real solution would mean sacrifice from government bureaucrats, right?
Less government bureaucrats to enforce all these different regulations and taxes.
And it would have to actually take some honesty and some humbleness from the politicians to actually admit that the real problem is them and they need to get out of the way.
Yeah, let me read a line from the CBC.
They're remarking on Mark Carney leaving Canada again for a week and a half.
He has traveled so much out of this country.
I suppose, I mean, he's always been a jet setter.
He was with the World Economic Forum.
He's with the United Nations.
He was based in London.
Here's a line from the CBC today.
Wednesday's address came as Carney is preparing to head on an overseas trip to attend two multinational summits in Southeast Asia that will begin on Friday.
I haven't really heard of actual jobs ever being created at a politician's summit.
A summit is for politicians to take photos with each other and hobnob and the exact kind of process stuff that Mark Carney loved.
You don't need to go to a summit in Southeast Asia to know that you should build oil pipelines in Canada.
And I don't know why they don't flip open the Keystone XL.
Right now, we know that's one thing that the Americans want to buy.
They approved it.
It was Joe Biden who killed it, but Trump said he's open to it.
You heard Danielle Smith talk about another pipeline.
You can fix the problems here.
You don't have to run away to a summit.
That's a politician's move.
That's not a job creator's move.
No, you don't have to fly around the world to remove the industrial carbon tax.
You don't have to fly around the world to get rid of the hidden carbon tax the government buried in fuel regulations, right?
You don't have to fly around the world to get rid of the ban on the sale of new gas and diesel vehicles by 2035.
All of this stuff comes back to what we were saying earlier, right?
Control what you can control and what you can control are the government regulations and taxes.
And, you know, Ezra, we've been talking about natural resources.
Earlier, we were talking about auto manufacturing.
You know what else is going to hammer auto manufacturers in Canada?
The ban on the sale of new gas and diesel vehicles by 2035.
Is that still in place?
So all Carney did was said he's going to delay it for a year, hold a 60-day consultation.
But Carney has not said he's repealing it.
You know, a lot of the stuff that Mark Carney always pushed, and there was a clip of him that we had the other day, where he was just talking about so much baffle gab and no one understood what he said here.
Let me replay that clip.
I think you and I talked about it.
I just got to show this again.
Here is someone who is a BSer for a living.
I'm not saying he's lying.
I'm just saying he's just this machine that pumps out wah wah wow, just words and words, and soon you're hypnotized and five minutes go by and you say, What did he say?
Did he say something?
Here's a reminder of that really weird hypnotic statement he said.
Risk and Gap in Private Sector00:03:00
Building that system, financial system for our grandkids.
Again, drawing on the intervention of the managing director and the secretary general earlier.
First thing we need is to recognize that we need to use scarce dollars to the maximum effect.
This isn't just about bigger volumes, it's about using scarce public dollars to maximum effect.
And that is catalyzing financial instruments using risk mitigation tools to better allocate risk between the public and private sector.
I will just refer for speed to the agenda of the private sector investment lab and what the World Bank has been doing on risk management.
The second point is crowding in institutional capital through originate to distribute models.
There's a lot of words there.
What it basically means is recycling the balance sheets of our international financial institutions.
So they are there catalyzing the new lending.
Once it matures, it's parked off to other holders that can hold it for the long term.
And it's all about action, new action at the MDBs.
The third point is strengthening the structures, processes, governance of the institutions.
To put it into plain words, the shareholders should be looking at key performance indicators that are directly tied, of course, to the sustainable development goals, but also absolute volumes of capital that are moving.
And in some cases, it's not about lending.
It's actually about technical assistance.
It's making capital flow possible.
So all of those activities that catalyze in flows towards the SDGs.
I will reference the work that has been done and needs to be completed on a cross-border carbon market, which could close one-third of the climate finance gap between now and 2035.
And I will also just associate myself with the framework that President Ramaposa did outline for the G20, which is more comprehensive than what I've just said.
Last point I'll make is that at the G7, there were a few instruments that were launched that build on some of the general points that I just made.
Billions of dollars in new financing through the IADB and the Caribbean Development Bank, and a structure where a number of countries came together called SCALED, which is scaling capital for sustainable development.
The point of this, it's measured in billions, but really the point is it's a template.
It's a template for putting in place those general points that I made.
It has, as the name suggests, an ability to scale.
And if I may close on this, Chair, there is an enormous gap.
We know that.
But the gap in terms of financial technology and the solutions has closed.
The question is whether we're going to deploy them and scale.
Thank you very much.
Government Subsidies and Complexity00:05:19
I don't know.
I think that's what he did for a living.
And in a way, he's the opposite of Trump.
Trump is so blunt and so sharp.
And like he does things in a tweet.
But that's the thing.
He does it.
It's not just talk.
I'm really worried that Mark Carney is going to crater things.
We've already been in a per capita recession for a long time.
That is, on average, we're each losing ground.
But because immigration is so high, it covers it.
Are you worried about some sort of deep recession or crash of some sort?
I don't understand what's going on with the housing markets.
I see things starting to tumble about a bit in Ontario.
Are we on the precipice of some bad, bad times, Franco?
You know, Ezra, that's a great question.
And I'll already just say, like, for many Canadians who are outside of the government sector who work in the productive sector, many have been going through really tough times for what, a decade now, right?
I can think of my home in Calgary.
Like, many people in Calgary have been really struggling since what, like 2015, 2014.
I know some stuff has started to improve, but we're talking about a long history of people suffering who aren't shielded behind the golden gates of government.
Now, Ezra, kind of to go back to a lot of the word salads and nothing burgers that come out of Carney's mouth, I mean, another thing that he's doing, other than just adding filler, is he's using complexity to try to confuse Canadians.
And, you know, there is no better proof point like him splitting out the budget until operating spending and capital spending and promising to balance the operating budget.
Well, like, you're not balancing squat if you continue to borrow tens of billions of dollars every single year, but he's trying to use complexity to muddy the budget waters.
And hopefully, Canadians won't notice that the debt is soaring, right?
So it's not just, it's not just word salads.
It's not just complexity for complexity's sake.
I also worry that they're strategically using complexity to try to confuse Canadians on what's going on.
Yeah.
I think the worst of it is all the economic, quote, good news in Canada over the last year has come when it's juiced by taxpayer subsidies.
Whenever you hear good news, a factory's opening or good news, electric vehicle batteries, it's always government subsidies.
You know, I see that Evan Solomon, the new AI minister, as if Canada is ever going to be a player in that game.
He's making new announcements about AI.
None of them are organic.
None of them are companies saying we really believe in the economy up here.
Contrast that to Trump, who has announced, if you believe him, $17 trillion worth of inbound cash investments from countries all over the world.
And maybe he's overstating the case a bit, but I don't recall Trump having to say we're chipping in $100 billion to get Apple to set up new manufacturing in America.
He's not subsidizing these auto factories that are increasing.
He's, you know, he's using tariffs.
Sure.
Trump announces genuine economic growth.
Trudeau and Doug Ford announce subsidized, and I'm not even going to call it growth because as soon as the subsidy is gone, so is the project.
It's so heartbreaking.
I can't remember the last time Canadian business had a victory on its own.
Well, look, the only strategy, if you can call it that, from the government of Canada over the last little while has just been corporate welfare, right?
And let me just add two other points because number one, like where are they getting that money from?
That money doesn't fall from the sky.
That money is first taken out of the economy, right?
Taken from actual entrepreneurs with their own skin in the game who are providing services and goods that consumers actually want to buy, right?
So the government is taking money from our small businesses, our businesses, and just individual Canadians and then giving buckets of cash to these multinational corporations.
So like, number one, it's not like the government is creating prosperity, right?
At best, at best, it's a shell game, but it's in all likelihood much worse than that.
But number two, Ezra, on juicing the economic numbers, well, guess what else juices the economic numbers?
Government spending and government bureaucrats, right?
Like we've talked about this so many times, like the government adding 100,000 extra bureaucrats over a decade, and that's just the federal government alone, right?
You can go to provincial governments, municipal governments, and their massive bureaucracies there.
Well, that also juices the economic numbers.
Yeah.
You know, I'm really worried about things.
By the way, I mentioned Evan Solomon.
He used to work at the Eurasia Group in New York City along with Gerald Butts, along with Mark Carney's wife.
And I'm worried that the same advisors who got us into all these troubling schemes with wind power and subsidies are actually still the brainstrust for Mark Carney.
I mean, it's the same mindset, the same government knows best.
you know, managed economy, stakeholder capitalism that the World Economic Forum is famous for.
In a way, I think it's actually qualitatively worse than under Trudeau.
I hope I'm wrong, but I don't think I am.
Irish Journalists and Freeloaders00:04:05
Franco Terrazana, great to catch up with you.
And hopefully we're wrong.
Hopefully things will get brighter, but I really just don't see it.
I don't see why anyone would open a factory in Canada as opposed to America if they could.
And I don't say that with a trace of happiness.
I just think that everyone sees which way the two countries are going.
Last word to you, Franco.
Well, hey, Ezra, you know, one day I hope to come on your show and not be a total rain cloud, right?
But look, the fight is not over, folks.
Don't feel too pessimistic.
I mean, we do have to keep pushing back.
Democracy is a participation sport.
And, you know, I hear some people say, I don't care about politics.
Well, you got to care, folks, because even if you don't care about politics, they sure do care about your money and your wallet.
Yeah.
Well, thanks for keeping up the fight.
And we trust you because, like Rebel News, you take no government money and it shows.
Franco Terrazana, keep it up.
Hey, thanks, Ezra.
All right.
Stay with us, folks.
your letters to me next.
Hey, welcome back.
Your letters to me about my brief trip to Dublin, Ireland.
Bruce Acheson says about the migrants, they're freeloaders, as are freeloaders.
I know you're supposed to call these grifters migrants, as if they're some species of migratory animals, but they're not.
They're freeloaders, pure and simple.
And shame on those who let these sheets into Ireland.
When I saw that hotel called City West, I didn't know what I was expecting.
It's not a hotel.
It's a resort.
It is a plaza, a campus, a compound.
It's as big as a small university.
Tree-lined streets and bike paths and walking paths and luxurious parks.
It is a five-star resort with all-inclusive meals.
You'd be crazy not to go there.
I'm just surprised more Irish aren't saying they're refugees just to get in on the good stuff.
It was unbelievably luxurious.
Next letter from Mark Riminowski 719 who says, a big thanks to Ezra for putting his safety in jeopardy on behalf of the Irish.
Top man.
You know what?
I suppose I should have been more careful, but I've always been surrounded by so many supportive friends and viewers when I go to Ireland.
But someone ran, I mean, I'm not complaining about the pepper spray.
In retrospect, I think perhaps I was pepper sprayed on purpose because I know that two other journalists were from GB News and a Spanish diplomat, journalist rather.
And all three of us were sort of conspicuously journalists.
We weren't riding.
We weren't throwing anything.
So I think that the Gardee, as the police there are called, actually deliberately did spray us because they didn't want us recording what they were doing.
But I'm not particularly mad.
I mean, you go to cover a riot.
You know, it's not unforeseeable.
You might get spritzed a bit.
But whoever it was that ran up behind me and sucker punched me and knocked me down, that's odious.
But look, it's going to take a lot more than that to stop me.
And, you know, we do send bodyguards out with our people.
We had five bodyguards accompany Alexa a couple of weeks ago.
I don't think I need five, but I'm not going to stop reporting on what's going on in Ireland just because some thug hits me.
In fact, that sort of proves my point, don't you think?
My videos that I did over there have received millions of views.
In fact, even my scene setter where I said, here's why I'm going over, 600 plus thousand views on YouTube, over a million on Twitter.
Just that one video, and I don't know, I've probably done five or six videos from there.
I checked the statistics.
An enormous number of people watching the video are from Ireland itself, which tells me they really want the other side of the story and they don't trust their own media.
Lots of viewers from the United Kingdom who care about Ireland.
There's a lot of Irish people still in the UK.
And of course, Americans and Canadians and Australians.
So people around the world are watching this story.
I was delighted to be there and I'm glad to be back, but I'll be back in Ireland again.