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Chrystia Freeland

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2025-03-03
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2025-03-03
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  1. Well, when the US team Disassociates themselves from calling us the 51st state, then we'll chair the American anthem. Look, Canadians in the very, very short term have few outlets for their frustrations. In the medium term, in the not too distant future, I'm going to provide them with an outlet, which is a positive agenda. But if the way they express themselves is to boo the American national anthem, well, our country is under attack repeatedly and daily. Fair

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  2. I will check the score at the end of the day. The big match or game tonight is Canada, United States, ice hockey in Montreal in what's called the Four Nations. It is probably, it's the biggest hockey game in the country in 25 years, well, I don't know, maybe since we played the Soviets, it's the biggest game in Canada since we played the Soviets in 1972.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  3. Yeah, we're going to stop at Not looking at that. Actually, let me reframe that. I'm not sure we could add, but we're not adding Russia

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  4. 2028, we are much stronger as an economy. We have deep trading relationships with Europe, with like-minded countries in Asia, particularly Korea, Japan, Australia. We've got a balanced budget. We've got full employment. We've got real wages growing. And at the same time, we've made real advances in terms of economic reconciliation with First Nations and growing jobs for all strata of society, including very much, let me make two final points, white working class young men. And final point is that we're confident in ourselves. We celebrate our diversity. We recognize it. And we're an example. To the Western world that you can balance social progress with economic strength. And we start to get a few imitators.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  5. Will have some opportunity to reset, but from a very different base. And elements of trust will need to be built up in certain areas. The era of convergence, I'll make an obvious point, the view of the 90s and 2000s that there would be this economic and ultimately political convergence with China, that's decidedly over ended a long time ago. And so we'll be very clear-eyed in terms of our relationships there.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  6. Yeah, so look, we have a very challenging relationship with China because of Chinese actions, Chinese foreign interference, which is well documented, unfortunately well documented in previous Canadian elections and attempts at foreign interference. And I would commend actually our foreign office called Global Affairs. Canada that recently caught some more attempts in this leadership election, actually, against Christian Freeland, apparently from Chinese sources. So these are serious issues. There cannot be accepted and be without consequence, first thing. Secondly, we had a longstanding issue with the kidnapping in effect of two of our citizens. And that rightly has had consequences. So the relationship with China has Been has been deeply affected. And we

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  7. Financial markets and how the global economic system is, you know, one of the most important things is you operate where there's rule of law and under certain rules of the game. And look, the rules of the game are changing pretty rapidly. I don't think the market is, you know, the market kind of sometimes goes through these periods where it doesn't realize things and then all of a sudden starts to price them in. I think we're getting close to that. If this trade war continues to intensify, we're in a very, very different economic world. So yes, yes to the first part of your question, I'm just adding on some of what's at stake.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  8. And people in Canada included have to catch up. This is something that didn't occur overnight. It's occurred over decades. So there is some merit. There's quite often merit in what the president is saying or elements of merit. I think what is most concerning, I'll stop on this. And this is a domestic and an international point, which is around the rule of law and what are the norms and structures that operate. And if I can go, if looking at you in the backdrop, the New York skyline there, when you look at financial...

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  9. I think, yeah, fair enough. You know, the whole thing around PAX Britannia before in Pax Americana after is that you're so dominant as a part of the global economy that it's in your interest to support the institutions and peace and things because you get more of the gains of it, you get a disproportionate amount of the gains. And as you get smaller relative to the global economy, that becomes less and less the case. So that's just a natural dynamic that works there. It's not all altruism. The second thing is that I think there has been an element of taking America for granted and the scale of American commitments for granted.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  10. Or in our democratic processes. And we've seen it from most of the major powers, including the tech powers, I might add, but also the major powers. And so it's a very live issue of how do we preserve a public space where it's battle of ideas with common facts. So Canadians can make informed decisions.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  11. Politician, you're a politician. I'm taking what the vice president said, not what the vice president said in that element there. I thought that the, of course, it's often what's unsaid, which is your point, which is that you're at the Munich Security Conference and you're not talking about the biggest threats to our democracies, which are China and Russia and Iran particularly. And so it was, you know, life is all about choices. It was an interesting choice. But I wouldn't totally discount the, you know, these issues about freedom of speech and getting those right and getting the balance right and being upfront about how you get the balance right are hugely important. And last point I'll make, and I hand back, which is we have a real issue in Canada, as other places do with foreign interference in our elections.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  12. Yeah, okay. But the general point, which we face as democracies of what is free speech and what do we allow and what is positive and negative liberty, I think, you know, these are important things in this age of disinformation.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  13. I think the following. I read the speech. I didn't see it live. I read it this morning and maybe delivery different. I thought the points about, I'm going to call it liberty, freedom of speech liberty, I think bear reflection. I don't know that all the examples are exactly as they were depicted.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  14. Our sovereignty versus the United States words to that effect last week, which is the mood of the country. And I'll give you one fact though, which is the hit from U.S. tariffs. Let's say Trump or President Trump does 25% tariffs across the board, including on energy and various things, maybe a little more on aluminum, a little more on autos. That impact on our GDP is significant, but it's smaller than if we move to free trade in Canada. We got a lot of interprovincial trade barriers. So when we talk about being masters in our own home, being control of our destiny, we can have free trade in Canada and offset President Trump. And that's before we do a bunch of these big projects and build all the homes and everything else we need. So if we really set our minds to it, we're going to be fine. We're going to be fine.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  15. Accomplish that in a way that's best for Canada. But of course, you're not going to get a deal unless something also works for the United States as well. Underscored all of this, though, is, and the mood of the country rightly, Canadians are very, very smart. And they clock the fooly ones, shame on you, fool me twice, shame on me. And they want to build out from at home. We'd love to do a good agreement with the United States. I think that agreement is possible, but it takes both sides to come to it. But at a minimum, and I'm going to quote former Prime Minister Stephen Harper, conservative, did appoint me as Governor of the Bank of Canada. So I owe for that. And he said, look, the country should be prepared to take significant economic pain to protect

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  16. Yeah, look, understood. But, you know, you can go from You can go from that to a partnership. Things change, right? Anthony knows this things can change very quickly and we can be in a position where we have once again the greatest trade deal in history, which is what the President Trump described, what they call USMCA as. And now he says it's the worst deal. I mean, it is the deal he signed. So things can go back the other direction. And part of our job is to, my job would be to

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  17. After this process is finished, we have a new prime minister. Obviously, I hope it's me. And before an election, whether there can be constructive engagement then, that would be the best circumstance. Or after a mandate from the people. But we will have a Canadian government with a strong mandate, I think, to negotiate with the United States. My government will have many other options than just going in there and accepting a piece of paper. Polyev will have the agreement written for him.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  18. Change creates opportunity and there are some serious issues between the countries, serious issues that we can work on together quite effectively. The border issues around fentanyl, I've made this point that I understand why the president has focused on that. It is a full-blown crisis in the United States. It's a very, very serious, it's a tragedy in Canada as well, but he's focused on America and we need to work with him on that. Issues around security and others, we can work together. We'll have to see when that serious conversation really happens with the United States, whether it's

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  19. My government will really focus on this, but doing it in concert with the US makes all the sense in the world. And I think that logic will play out. At the same time, an absolute imperative for us is to diversify our commercial relationships internationally. And we are the energy of the future. We have the biggest deposits of uranium. We're the biggest non-China on rare earths and metals and minerals. We are a clean energy superpower starting, and that's going to expand. And those are huge, those are great cards. And we're not just going to give those cards to the United States. In fact, we're going to play them with other jurisdictions as well as the United States. And so diversifying that is important. And I think it's welcome to have a silver line in on this is that the last few months have really

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  20. It's a big tent. No, look. So, I think it's a mistake to see it as aberration. This is a point you have made, Anthony, several times, you know, the sort of depth in terms of the reorientation. I listen very carefully whenever the vice president speaks. And there's depth in terms of the orientation there. So that's first thing. The second is where does Canada U.S. go medium term? Look, there are certain areas where it makes sense for us to be quite tightly tied under any type of administration. The nature of our auto sector, for example, conventional oil and gas, there's existing relationship. I know the president's going after it, but just the balance on energy security, we need to diversify our markets for conventional oil and gas, and we will. I think security, including the security in the Arctic, very much, hugely important issue.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  21. I think I'm going to answer this this way. I think it would be a mistake to just assume it is a mistake to assume that this is an aberration. This is the second time the president's been elected, as you've detailed. And I do listen to you guys both on the rest of his politics and trip US.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  22. And I contacted the PM, and I was like, Why is that the message? Everything is not going to be okay. These guys are going to come after us. And we're going to have to adjust. And it's better to prepare Canadians for that reality. Now, it happens so quickly that it quickly moved to dealing with that reality. So I was somewhat surprised. I'm surprised by the scale of it. I should be more succinct. I'm surprised by the scale of it as opposed to the direction of it. I did expect that we wouldn't have.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  23. I'd say. I wasn't totally surprised. The relationship between him and the current prime minister is not great. Number one, number two, I felt that he would want a renegotiation of a quick renegotiation of NAFTA. In fact, I'll tell you a story very quickly. And so that's the second thing. But on the morning after the President was elected, the message from Someone in the government was Canadians are anxious, don't worry everything's going to be okay.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  24. Well, my response would be twofold. One is that I'm not because I live here and work here and my life has been in service for most of my life in Canada has been in service of those of Canadians. And then secondly, who's more in touch with everyday Canadians, someone like me or someone who's been a lifelong politician who lives in a taxpayer funded mansion, who's driven around by a chauffeur and bodyguard, who has a lifetime pension paid by Canadian taxpayers and whose diet of news is from the United States. His Fox News, whose favorite people are podcasters in the US and who, if you subbed out, if you could swap out Canada, if you swapped in America for Canada in most of his talking points, Think okay, this is Trump.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  25. Look, your strength is always your weakness, so my strength is, I think you touched on it at the start. My strength is, I know how the world works. I know how to get things done. I'm connected. I can deliver for the country. And my weakness is, you know, people will charge me as being elitist or globalist, to use that term, which is, well, that's exactly, you know, it happens to be exactly what we need. weakness as a politician is I've not been a politician right so I didn't go straight into as you observed the killer the point was right but the delivery was I'm working on it I'm working on it I am but that's that's fair I haven't been a politician I am a pragmatist and I am a leader I'm a leader of organizations I'm a leader in crises so that

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  26. Thousand people out those kind of numbers minus 30 in Saskatoon on Wednesday. This is the, you know, and that's energizing as you know, right, when you're going out and meeting people and hearing what they need and coming back and forth with them. So core for the leadership apart from, I mean, basically it's a general election campaign type strategy, if I can put it that way, going what we see for the country, what we're going to do, showing the sharp, sharp contrast with Polyev, but in parallel building the party because we've got to build the party back up. And so far it's going well.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  27. Well, look, there are two things. The core of the strategy for the leadership is versus polio. It's straight against Polyev and straight more positively what we can do for the country. I think it's important to have that. You got to have that positive vision. That's why I'm in, is to build the country, make us stronger so we can bring everyone up with our broader social programs and others. What has to come alongside that for the leadership process, though, is galvanizing the base, building the base of the Liberal Party. You know, we've increased the Liberal Party membership collectively. It's gone up almost four times to 400,000 members over the course of the last month. I'm spending the vast, vast majority of my time crisscrossing the country, meeting with liberals. We're getting huge crowds.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  28. We have big challenges in our healthcare system here. Many countries do. It's a provincial responsibility, not a federal responsibility. But if the federal government isn't helping to make sure that our economy is strong, those provinces don't have enough resources to fix their health care system. I mean, that's the reality. And I think that's how you broker it. And I'm being very upfront with people as I go around the country that that's part of what's at stake.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  29. Goes back to an earlier discussion we have, I think things got out of line in terms of less attention on the economy and fiscal responsibility. It's part of my role is, look, that's what I know. I care about those other issues, but I know that, look, we can't redistribute what we don't have. We can't be strong abroad if we're weak at home. We can't build for the future, if we can't manage the present. So let's do all those things now, make us self strong. And that's what's going to ensure that we have big, I'll make one other point.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  30. Yeah, it's a great question. I think the first is that the Liberal Party in Canada has traditionally balanced the two. And so to use the color scheme here, red is liberal, blue is conservative. And so you'll have a component of the Liberal Party, which is a blue liberals who are fiscally conservative, care about the economy, but also care about social justice. Then there's a big wing of the party, if I can talk about it in those terms, that things takes the economy more or less for granted and thinks about those social justice issues and where should we move forward on those. And the job of the leader is to balance the two. And when things get out of line, to bring them back into equilibrium.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  31. Not working though because now it's being called out. We're in a position where, if I may, where the consequences of these attitudes are becoming apparent. And so we have what is an economic attack, economic force to use the word of the president against Canada, series of insults that were the 51st state and our prime ministers, the governor, et cetera. And Canadians are looking for two things. Well, who's been defending the country and who's been running it down? He's been running it down. I've been defending it. And who can build with President Trump, but also very importantly, and I think this is more important. It goes back to being masters in our own home. Like who is going to drive this economy forward? And that, as you know, Mooch, it puts you in a better negotiation.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  32. The last several years, Canada's broken, Canada's broken, and Canada's broken because we're stupid. Canada is broken because we're stupid. And he finds an echo chamber with Jordan Peterson and other people who he sits down and talks with. So there's a disdain for the country that he envisions. It's pretty awkward for him now that the country's coming together and Canadian pride and we're under attack by the very people that he's been cozying up to. So literally as we speak, he's trying to find a Canadian flag to wrap himself in and play patriot. Last refuge of a scoundrel, the last time I checked. If I know my American history, Anthony.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  33. Look, he is, you know the type. He is a lifelong politician. The only job he's ever had is being a politician. He was a political staffer. He got elected to the House of Commons very early on, his low 20s, said he was only going to serve two terms. He's end up serving, I think he's probably into his fifth. He's got the biggest pension publicly paid pension of anyone. And he's that lifelong politician that you can only believe so much in the free market if you're a tenured professor at Chicago or you're a lifelong politician. And he just sort of worships in that world. He defaults to the same solutions all the time. And he's also, I honestly believe he disdains much about the country, much of what I just described, which to me, and I think to Canadians, is the nature of the country, he disdains. So he's been on this mantra.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  34. Talking points with a Canadian twist for the last three years and don't buy into them and wouldn't protect them. And that's, you know, in the end, that's the choice Canadians are going to face.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  35. Officially bilingual. And these are all things that are unthinkable in the United States, quite frankly. I mean, the diversity element, maybe just a little less, although diversity and the promotion of diversity and inclusion is becoming an insult. And in some respects, you listen to some of the initiatives out of the U.S. could be a crime in the United States. I mean, that's a big, big difference. And then you get into some of the institutional and social policy choices we make here. Healthcare is a right. It's not a business in this country that comes with challenges, but that reflects the nature of the country. So yes, there's those pressures. And if I may bring it back to the current election last point, I think these are on the table. Like, do you really believe in these elements of Canada? Or have you been basically mouthing maggots?

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  36. I'm more interested in Anthony or someone he broadly represents investing in something that's going to get emissions down but is going to make money and create jobs here in Canada. That's the punchline and that's the big. But then the second thing, I think the diversity, war on woke, which is the term of the moment, you know, there is a big, big difference between Canada and the United States. We're very different countries. This is a country where you do have multiple identities. You're all Canadian, but you have your heritage. It's more prominent than it is in the US. I mean, there's some exceptions in the U.S. We have the, I'll say the indigenous peoples, not the term we would necessarily use. They are First Nations in Canada. They are First Nations. It is a totally bilingualism.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  37. That forward, it's got to be ruthlessly commercial, it's got to be the kind of thing that Anthony would invest in, just to be clear, as opposed to aspirational. So that's the first on that.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  38. So there's a couple of things there. I think let me take them in order on climate, very much were emphasizing the commercial aspect of it, the competitiveness aspect. This is where the world's going. It'll go, you know, you can see where the trend line is. It'll go and fits and starts and the US cared about climate a lot three months ago doesn't care at least the administration at all right now At some point it'll swing back and care again In the interim what we have an opportunity in Canada and we should take this opportunity is to leapfrog the Americans on this well well America is turning inward looking turning back the clock on some of these issues there is an opportunity to really move ahead that's what the Chinese and the Koreans did the first time around the Europeans and fits and starts are moving in this direction they need to more fully get their act together but we can we can drive

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  39. And build. And if it's time to build, we like builders. We like people who take risks, who put money to work, and we're going to set up the system to reward that. So that's one example of a break that's not just a policy, but it's an attitude, which is, and it's the attitude backed by policy, I think is critical. We also changed something which was a practical or pragmatic change on the carbon tax, retail carbon tax, where we've removed it. And we can get into it if you want. We're doing a bunch of other things that make sure that we still accomplish the emissions and people are made whole. We've made those changes. I think just the scale of change, last point I'll make on the economy, on building out and really driving investment here. It's just a different emphasis from what Prime Minister Trudeau's government did. And look, it's also part of the...

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  40. Yeah, it's an important question. And the answer to that is yes, I already have, and there'll be more. And these are on principle. So let me give you an example. There was an increase that the Prime Minister and his then finance minister brought in on the capital gains tax rate. And so the increase, the rate of tax on capital gains. And it wasn't just that. It was brought in and it was talked about in a, I'll put it in simple terms, Alistair, your term, like a class war type approach. These people don't deserve what they have. I think that's fundamentally wrong. I thought it was wrong from a tax policy perspective, and I think it was wrong from a messaging perspective. We have to, and the core message of my campaign is it's time to build. This is about building homes. It's about building infrastructure, energy, intelligence infrastructure for AI, new trade corridors. We've got to invest.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  41. I don't think being quiet is a good strategy because I don't think the approach of the US administration is going to Is going to let certain countries off, let's put it that way, if they hope they're not going to get notice. So it's a time to figure out where things counted. And actually, I might flip it back to you, Anthony. This may be unfair. It probably goes against the rules. But if I can ask you your perspective with respect to the president, because I think one of the things, in my experience with him, you've had more, but is he respects strength and being clear about what you want, what you have and what you want, as opposed to just hoping, you know, ducking and weaving and hoping everything will be okay.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  42. Those ties are deep. They're historic, and they reflect not just common history, but common values. And one of the questions that's going to come out of this period, and again, in the end, it'll be welcome because it shakes people up and it asks people, okay, what do you really believe in? Who are your real friends? Who are you aligned with? And a question for the UK. And it is very much a question for the UK as it is for the European Union, the Koreans, the Japanese others. Okay, where are you going with this? Are you going for a transactional world? Or do you view that you have certain, you can do a lot of transactions, you can be commercial about it, but where do you have those common values? And I think, yeah, it starts with the UK. They've been relatively quiet. I don't think, last point, if I may.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  43. Well, it's early to get disappointed, but I'll tell you a story. I had an interview with Faisal Islam, who you'd know while British journalists. And it was like this. It was actually on the same laptop. I was in a Rural town hall in Nova Scotia, Amherst, Nova Scotia. And at the end of the interview is for Newsnight, BBC Newsnight, after it was over, I picked up my laptop and I rotated it 90 degrees and showed him that there was the portrait of King Charles III.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  44. Be strong, and then when it comes time to come back together and talk about how we can work together with those business leaders, with broader, with the governors, with broader America, we'll draw on those historic ties.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  45. Opposed to principle and approach. So that doesn't go unnoticed. The good news is that I think that there is going to be a point where we're going to show our strength here in Canada. We're going to show our strength. We've got lots of options. We've got lots of things we can do at home. And in fact, Mooj, if I may, we should do at home. One of the good things about this situation is it creates a set of opportunities to take some big reform, some big measures here at home. I'll use a Canadian expression, Met Chenu, Masters in our Own Home. And that really resonates because we can't control President Trump. We never could control an American president, but we can't control President Trump. We might be able to influence a bit the approach over time. But what we can control are things here. We're going to focus on that.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  46. Yeah, look, I think there's a lot. Look, let's be clear, there's a lot to work with, and there's decades and decades and centuries of relationships and deep, deep ties. What is striking at the moment is that the business community in private is with me. The business community in public is pretty quiet. And that's not unique to this situation. You see it in a host of other initiatives that the administration is taking where CEOs, we would know many of the same people and have many of the same conversations I do. And they're 180 degrees in opposition to what the administration is doing. But they're not saying anything about it. And some degree waiting for the equity market to take a view and provide the discipline. So we're in the age of equity market vigilantes.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  47. I'm influenced by my geography. I pay full respect to my predecessors at the Bank of England. Boy, I forgot about just the level of sophistication of your collective audience yet.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  48. If you turn around, there's no one behind you. You're not a leader just because you've struck out in a certain direction. So it's making the argument and building that consensus. I will tell you right now in Canada, in part because of what we've been through through cost of living and other pressures that have been on COVID, the after effects of that, but now the attacks from what had been our closest friend and ally now is just our neighbor, to be clear. The Americans are just our neighbor. It's geography as opposed to kinship. Canadians are looking for that leadership and they're looking for positive change. They want a positive agenda as opposed to a negative agenda. Again, by accident or design, that's the situation I find myself in. It starts with the economics moving out.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  49. Yeah, well, I think there are a couple things. One, and I'm very conscious of the first point I'm going to make, which is as a governor of a central bank, you have the power and the accumulated credibility of the institution behind you. And that gives you much more weight, assuming your predecessors had done a good job and they certainly had in the case of Canada. So it gives you much more weight in terms of your actions and influence on markets and on general overall public confidence when they need to look to you. That's different, Is a politician. You have to earn that. You have to earn that right from the get-go. You have to earn it every single day. So that's the first difference. The second difference is you're supposed to lead. And in leading, you need to help build consensus and you need to have followers. I mean, you're not leading. Stephen Harper told me this once, former prime minister.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source

  50. I think it holds elsewhere, but again, I'll focus on Canada we are in a crisis. It is not of our own making, but it's a full-blown crisis. And for better or worse, by accident or design, my career has been one of managing crises and helping to build strong economies. And that's what's needed at the moment. So when people look for change, it's what type of change, the right type of change, you got to make a tangible for people so that they can see exactly what they're getting. But it's also an attitude and it's an experience set.

    2025-03-03 · The Rest Is Politics: Leading · 123. Canada Decides: Who will be the next Prime Minister? (Chrystia Freeland and Mark Carney) · IDENTIFIED FROM THE TRANSCRIPT · source