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<v Speaker 1>Thank you for listening to Depictions Media Radio. Welcome to

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<v Speaker 1>Policy and Rights.

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<v Speaker 2>The show up bas welcomer Policy That Human Joy.

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<v Speaker 1>Welcome back to Policy and Rights Here Depictions Media Rate.

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<v Speaker 1>You know, I'm your host, Michael Clogges And Okay, so

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<v Speaker 1>let's let's let's get down to this. That Donald Trump

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<v Speaker 1>has made statements about how he has moved things very

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<v Speaker 1>quickly and that he has fixed the fighting between Pakistan

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<v Speaker 1>and India, and without truly understanding what is happening in

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<v Speaker 1>the region. That just saying hey, let's go make a

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<v Speaker 1>bunch of money together. It sounds good and theory and

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<v Speaker 1>and you can sell it to the Western world that

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<v Speaker 1>you you solved the problem. But the reality is is

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<v Speaker 1>that in other parts of the world, in the Eastern world,

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<v Speaker 1>that that is not going to cut it. That you're

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<v Speaker 1>going to start to run into problems. And and here

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<v Speaker 1>is one of the problems is I have been on

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<v Speaker 1>this planet for for six decades, and I will be

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<v Speaker 1>totally honest with you. I believe that the issues that

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<v Speaker 1>are happening between these three sovereign countries has has been

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<v Speaker 1>an issue for most of my six decades. That the

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<v Speaker 1>issues between that exist between India, Kashmir and Pakistan has

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<v Speaker 1>has has been an issue for decades and that one

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<v Speaker 1>person saying, hey, let's stop shooting the guns so that

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<v Speaker 1>we can make some money together isn't going to solve

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<v Speaker 1>the problem. The the problem is is that between India

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<v Speaker 1>and Pakistan, they don't really want to accept the fact

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<v Speaker 1>that Kashmir itself is also a sovereign country, that is

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<v Speaker 1>a sovereign territory that should be allowed to form its

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<v Speaker 1>own government and its people be allowed to appear in

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<v Speaker 1>the World Forum as sovereign people. So there is an

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<v Speaker 1>issue right there and that is going to be one

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<v Speaker 1>of the major issues and it isn't going to be

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<v Speaker 1>solved by let's do some trade with the United States

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<v Speaker 1>and Donald Trump to fix that problem. The tensions are

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<v Speaker 1>still high there. The families that live outside of the area,

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<v Speaker 1>that have people who are living in that they cash

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<v Speaker 1>reason region are saying that the tensions are still high

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<v Speaker 1>and that there's still a looming problem. So what did

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<v Speaker 1>mister Trump fix Until we have real negotiations about how

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<v Speaker 1>Kashmir can appear on the world for them, there's going

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<v Speaker 1>to be an issue in that in that particular area

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<v Speaker 1>of the world, and for the most part, for a

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<v Speaker 1>lot of people, Kashmir doesn't even appear on the map.

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<v Speaker 1>You asked the average Canadian or American and they were like,

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<v Speaker 1>Kashmir is a sweater, so okay to kind of poke

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<v Speaker 1>some holes. Add more of the trump things that going

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<v Speaker 1>back to for the same reason that trying to get

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<v Speaker 1>Putin and Dolensky to sit down at a table to

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<v Speaker 1>come up with a ceasefire between those two countries, when

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<v Speaker 1>there are still the Dundast region, which is which of itself.

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<v Speaker 1>If you go back through history, you will find out

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<v Speaker 1>that Dundas Region was its own sovereign state also, and

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<v Speaker 1>those people also would like to see some sovereignty happen.

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<v Speaker 1>They want to see their cultures and things be promoted.

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<v Speaker 1>Even though they're very similar to the Ukrainian and the

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<v Speaker 1>Russian culture, there's some differences they want to be they

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<v Speaker 1>want that to be celebrated also, And the same thing

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<v Speaker 1>with Crimea. Crimea was a sovereign country and they want

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<v Speaker 1>their sovereignty back. The people of these other two regions

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<v Speaker 1>want to have a seat at the table when negotiating

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<v Speaker 1>the ceasefire between the Ukraine and Russia. And until that happens,

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<v Speaker 1>there's going to be an issue, and just dealing with

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<v Speaker 1>Putin and Zelensky may not fix the problem. That we

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<v Speaker 1>need to deal with things that have happened in our history,

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<v Speaker 1>correct them, correct those things that have happened in our history,

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<v Speaker 1>and learn not to do it again. Oh but wait,

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<v Speaker 1>that's where some of the issue is coming in at

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<v Speaker 1>because well, let's look at South Africa. And when we

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<v Speaker 1>look at South Africa and we see that the United

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<v Speaker 1>States is opening its door to South African refugees, what

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<v Speaker 1>are they running from? And when we look closely at that,

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<v Speaker 1>what they're running from is the idea that maybe South

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<v Speaker 1>Africa is becoming a little more equal, maybe the majority

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<v Speaker 1>of the bodies that actually live in South Africa are

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<v Speaker 1>starting to get a little more power. But wait, those

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<v Speaker 1>people have dark faces, and the people who are running

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<v Speaker 1>from there believe that dark faces do not belong at

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<v Speaker 1>an equal table with those who do not. We start

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<v Speaker 1>to see a pattern happen here, and that pattern is

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<v Speaker 1>mimicking what Donald Trump truly believes that people who are

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<v Speaker 1>lesser than him should be oppressed, and there's a long

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<v Speaker 1>list of people that he would like to oppress rather

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<v Speaker 1>than everybody thinks, Oh, well, he's trying to promote and

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<v Speaker 1>take care of the United States and make it a

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<v Speaker 1>great country. A great country for who is the big question.

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<v Speaker 1>And when we look really closely at the Project twenty

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<v Speaker 1>twenty five and we look closely at mister Trump's agendas

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<v Speaker 1>and his attitudes, that we start to see a really

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<v Speaker 1>good picture. And not everybody is on that list to

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<v Speaker 1>be on equal terms. There are those who are going

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<v Speaker 1>to have extreme privilege and then there are those who

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<v Speaker 1>are going to be oppressed. And that is Donald Trump's agenda.

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<v Speaker 1>So we need to move forward. Let's get past this

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<v Speaker 1>whole Donald Trump thing, and so let's start talking about

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<v Speaker 1>things about commerce in general. And the B seven event

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<v Speaker 1>that is currently ongoing in Canada. It is going to

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<v Speaker 1>be part of a series of G seven G twenty events,

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<v Speaker 1>and in this particular instance, what it is is the

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<v Speaker 1>business communities from around the world are gathering together in

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<v Speaker 1>order to come up with resolutions to help bring countries together,

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<v Speaker 1>help help things trade become a little more easier and

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<v Speaker 1>a little more convenient for the simple citizens like you

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<v Speaker 1>and I who just want to be able to go

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<v Speaker 1>shop and buy and buy some stuff. But there's a

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<v Speaker 1>lot more business behind that than just simply being able

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<v Speaker 1>to go to a store, that there are trade routes

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<v Speaker 1>that need to be set up. There needs to be

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<v Speaker 1>things happen happening between all countries so that borders seem

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<v Speaker 1>to disappear and products can move move easily and swiftly

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<v Speaker 1>so that we have the stuff we want. Yay, Okay.

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<v Speaker 1>So uh, we're gonna hear from the US ambassadors to

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<v Speaker 1>to Canada. As he talks a bit and he's kind

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<v Speaker 1>of joking. He talks about how his family moved from

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<v Speaker 1>the Netherlands Holland to Holland in Michigan, and how he

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<v Speaker 1>moved from because he's based in Ottawa, Canada. Now he

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<v Speaker 1>moved from Ottawa County, Michigan to Ottawa, Canada.

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<v Speaker 3>Yay.

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<v Speaker 1>So we're gonna hear from hear from him Pete Hostetecca

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<v Speaker 1>uh as he talks talks wonderfully about how we can

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<v Speaker 1>come up with commerce solutions for some of our woes

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<v Speaker 1>and help use that to negotiate and eat and bring

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<v Speaker 1>peace talks to the table. So we're also going to

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<v Speaker 1>hear from Aaron O'Toole. Of course you remember him as

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<v Speaker 1>a Conservative Party leader and he is going to make

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<v Speaker 1>a couple of comments about the Conservative Party and how

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<v Speaker 1>maybe the Conservative Party needs to put Canada ahead of

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<v Speaker 1>any other agenda, the same as the Liberal Party has done.

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<v Speaker 1>They just simply want to bring about a great Canada.

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<v Speaker 1>That let's put all great ideas on the table and

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<v Speaker 1>let's move forward with all the great ideas so that

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<v Speaker 1>we have a great country to live in, a free

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<v Speaker 1>country to live in, and a diverse, equal and inclusive

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<v Speaker 1>country to live in. Yes, I did use the DEEI

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<v Speaker 1>thing because it should be there. We're going to hear

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<v Speaker 1>a brief statement before that, Antonio Guerrara makes about the

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<v Speaker 1>Peacekeeping Ministral in Berlin. We don't really have any other

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<v Speaker 1>recordings from that at this time, but the UN Peacekeepers

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<v Speaker 1>do a lot of really great work around the world

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<v Speaker 1>to bring humanitarian efforts and to help negotiate in and

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<v Speaker 1>end struggles. So we need to listen to what Antonio

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<v Speaker 1>Guerrerez has to say about the UN peacekeepers and peacekeeping

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<v Speaker 1>efforts around the world too. Hey, it's nice to be

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<v Speaker 1>able to walk down the street and here in Canada

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<v Speaker 1>we don't have to worry about someone trying to shoot

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<v Speaker 1>us or a drone attack happening from another country, and

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<v Speaker 1>it's something that if we can lay down the arms

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<v Speaker 1>and bring about peace, there's a lot of other great

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<v Speaker 1>things that can happen in our world if we all

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<v Speaker 1>sit together, talk and discuss our issues, our fears, rather

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<v Speaker 1>than shoot them out or using drones and other weapons

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<v Speaker 1>of destruction to get our point across. So let's push forward.

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<v Speaker 1>We're going to listen to Antonio Guerreras first as he

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<v Speaker 1>talks about the peacekeeping ministrals in Berlin, and then we'll

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<v Speaker 1>hear from our United States friends and ambassador to Canada

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<v Speaker 1>as he speaks at the B seven, and we'll hear

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<v Speaker 1>some other press recordings from the B seven after.

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<v Speaker 4>UN peacekeeping operations are a cornerstone of the United Nations.

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<v Speaker 4>Each and every day, peacekeepers are hard at work in

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<v Speaker 4>travel spots around the world. Let me be clear, peacekeeping

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<v Speaker 4>operations today are facing massive challenges, increasing the dangers that

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<v Speaker 4>our brave peacekeepers already face a record number of conflicts,

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<v Speaker 4>deepening division and mistrust, terrorism and transnational crime, and the

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<v Speaker 4>direct targeting of peacekeepers through drones, improvised the clusive devices

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<v Speaker 4>and even social media. Today's Ministerial is an important part

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<v Speaker 4>of this work. As we share ideas and explore ways

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<v Speaker 4>to strengthen these important functions for the future. Now more

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<v Speaker 4>than ever, we need the political support of you and

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<v Speaker 4>member states. The goal is not just to keep a

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<v Speaker 4>lead on conflicts, but to build political support for lasting

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<v Speaker 4>solutions that can build peace.

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<v Speaker 3>Actually, there's a few things I can say. Been there,

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<v Speaker 3>done that, all right.

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<v Speaker 5>I mean, we've been in Nova Scotia, We've done Montreal,

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<v Speaker 5>We've done some of the other you know, some of

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<v Speaker 5>the other provinces, was all. I've landed in Gander, all right,

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<v Speaker 5>So I've been there. I had a aunt that her

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<v Speaker 5>husband's soul farm supplies out of Lethbridge, Alberta.

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<v Speaker 3>I had an uncle that lived in Richmond, BC.

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<v Speaker 5>My wife's sister lived in Smithers, the northern part, five

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<v Speaker 5>six hundred miles north of Vancouver. And we've loved every

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<v Speaker 5>minute of it. But we're enjoying we're looking forward to

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<v Speaker 5>being able to do it again. And what else can

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<v Speaker 5>I say to somebody. I don't usually get into talking

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<v Speaker 5>about women's attire, But where where else would you see

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<v Speaker 5>or how could you ignore the fact that you are.

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<v Speaker 3>Wearing Delft blue? All right? So yeah, the.

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<v Speaker 5>Uh for the rest of you at Pete Hookster, it's

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<v Speaker 5>an honor to be with you. You know, I grew

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<v Speaker 5>I was born in the Netherlands, although it's called Holland

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<v Speaker 5>by some, especially in America. My parents moved from Holland

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<v Speaker 5>to Holland in Michigan. Holland, Michigan is located where it

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<v Speaker 5>is located in Ottawa County, and so you know, their

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<v Speaker 5>son took the bold initiative. And it's not literally true,

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<v Speaker 5>but it's it's figuratively. When Diana and I came back

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<v Speaker 5>from the Netherlands, we moved from Ottawa County.

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<v Speaker 3>We moved ten miles.

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<v Speaker 5>South, which put us into a different county in Michigan.

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<v Speaker 3>But you know, I'm a marketing guy.

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<v Speaker 5>We take figurative, you know, license, so I can say

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<v Speaker 5>my parents went from.

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<v Speaker 3>Holland to Holland.

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<v Speaker 5>I went from Ottawa to Ottawa and we are glad

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<v Speaker 5>to be here. In getting ready for today, someone you know,

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<v Speaker 5>one of the questions that people said, well, there's uncertainty

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<v Speaker 5>in those types of things, and there is. Won't deny

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<v Speaker 5>that for a minute, but then.

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<v Speaker 3>Someone said, is America open for business?

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<v Speaker 5>And it's like, excuse me, have you not been watching

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<v Speaker 5>America is open for business, and as the B seven

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<v Speaker 5>a group that leads the world, we anticipate and hope

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<v Speaker 5>that you are all open for business as well, and

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<v Speaker 5>that when we are all open for business, it's a

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<v Speaker 5>better and it's a safer world. Okay, we can lead

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<v Speaker 5>the world in a number of initiatives. We have strong cooperation.

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<v Speaker 5>America is open to doing business. We're open to doing

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<v Speaker 5>business with with you, our friends, and as you can

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<v Speaker 5>see that, you know, in the last week, President's also

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<v Speaker 5>indicated we're open.

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<v Speaker 3>For business in the Middle East.

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<v Speaker 5>Okay, I think I woke up on I've been in

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<v Speaker 5>politics for a while, but you know what we are

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<v Speaker 5>seeing today. We have never experienced anything like this in

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<v Speaker 5>American politics.

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<v Speaker 3>Okay.

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<v Speaker 5>You know, the President one of his primary priorities was

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<v Speaker 5>We're going to secure the border.

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<v Speaker 3>Sixty days later, it's secure.

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<v Speaker 5>You know, ninety nine percent of illegal crossings across our

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<v Speaker 5>southern border have ended.

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<v Speaker 3>You know, we get to I wake.

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<v Speaker 5>Up on Monday morning and there's a whole lot of

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<v Speaker 5>stuff that's been happening in between, you know, securing the

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<v Speaker 5>border and those types of things. But you know, you

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<v Speaker 5>wake up on Monday morning, and what do you have

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<v Speaker 5>Monday morning we've got an agreement with China. Oh that's good.

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<v Speaker 5>Chalk this week down. We got a major accomplishment this weekend.

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<v Speaker 5>So well, no, no, we're not done yet.

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<v Speaker 2>Uh.

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<v Speaker 3>You know, we did something on pharmaceutical prices.

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<v Speaker 5>We we had the expectation that perhaps Putin and Zelensky

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<v Speaker 5>would meet today.

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<v Speaker 3>That didn't happen.

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<v Speaker 5>But you know, then we did secure again with our friends.

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<v Speaker 5>We secured the release of an American hostage on Monday

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<v Speaker 5>or Tuesday, but it was announced on Monday, and I

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<v Speaker 5>think we oh, yeah, we got a plane. Okay, just

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<v Speaker 5>just a little plane. We've got lots of planes in Washington.

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<v Speaker 5>I suggested that the president. You know, mister president, we.

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<v Speaker 3>Don't have a plane in Canada.

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<v Speaker 5>You know, if you've got an extra one, you know,

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<v Speaker 5>we can because this is a big country. I could

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<v Speaker 5>use a plane to fly from from here to Vancouver

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<v Speaker 5>to all the places that you mentioned, although I'm not

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<v Speaker 5>sure it would land in Smithers. But you know, and

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<v Speaker 5>it's like the pace that we are moving at is unbelievable.

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<v Speaker 5>And I've I was at the White House this week

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<v Speaker 5>and you talk to the folks there, they're working twenty

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<v Speaker 5>four to seven, working seven days a week on implementing

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<v Speaker 5>agenda that I think will be good for all of us.

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<v Speaker 5>And we clearly want to move forward on a number

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<v Speaker 5>of the objectives that the B seven has outlined that we.

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<v Speaker 3>Are in total agreement with. You know, you just go

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<v Speaker 3>through a few of them. You know, you talk about quantum,

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<v Speaker 3>quantum computing, chalk that up. Okay, that's something that we

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<v Speaker 3>think is absolutely essential.

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<v Speaker 5>You talk up AI, Yep, we're there. That's something that

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<v Speaker 5>is critically important. The President, I think, signed an agreement

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<v Speaker 5>this week for the construction of a massive plant to

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<v Speaker 5>build the technology that will move quantum computing forward, that

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<v Speaker 5>will move artificial intelligence forward. And I think, you know,

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<v Speaker 5>the President in America has now announced that we have

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<v Speaker 5>you know, generated over twelve to thirteen trillion dollars of

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<v Speaker 5>investment for the United States, an investment.

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<v Speaker 3>That you know, again, I think is good for all

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<v Speaker 3>of us. We after World War Two and my.

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<v Speaker 5>Parents were liberated by Canadians and those types of things,

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<v Speaker 5>and when I go back to the Netherlands, you know,

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<v Speaker 5>there's a tremendous and across Europe, there's a tremendous amount

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<v Speaker 5>of appreciation for what the Canadians did for what the

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<v Speaker 5>Americans did for what the other allies did, and not

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<v Speaker 5>only helping to win the war, but then sticking around

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<v Speaker 5>to build Europe. I go back to my parents left

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<v Speaker 5>in fifty six and you know, and you say, because

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<v Speaker 5>you go back to Europe now and yeah, it's a

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<v Speaker 5>thriving economy. I asked, how's business in Europe And to

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<v Speaker 5>one of the folks on your next panel, they said, oh,

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<v Speaker 5>it's great, good, nothing better that that could be happenings

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<v Speaker 5>that we are all prospering. And we're prospering on the

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<v Speaker 5>kinds of we're prospering because on so many of the

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<v Speaker 5>goals and objectives that we have outlined. Uh, there's a

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<v Speaker 5>lot of synergy and agreement to that.

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<v Speaker 3>The one of the.

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<v Speaker 5>Other goals is critical minerals absolutely, okay. The President has

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<v Speaker 5>signed some agreements around the world in terms of making

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<v Speaker 5>sure that you know that we all have a stream,

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<v Speaker 5>a global supply chain that means that we cannot be

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<v Speaker 5>held hostage uncritical minerals for the kinds of you know,

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<v Speaker 5>somebody says, well, it's nice you neither, We're not going

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<v Speaker 5>to ship into you anymore. It's kind of like, that's okay,

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<v Speaker 5>We've got we've got a secure supply chain that builds

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<v Speaker 5>on the strings of each and every one of us

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<v Speaker 5>around the room today and some of our other allies.

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<v Speaker 3>Okay, we need to work that together.

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<v Speaker 5>We have done things that we believe are absolutely essential

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<v Speaker 5>to making sure that some of these goals and objectives

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<v Speaker 5>are met. You know, the President in the United States

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<v Speaker 5>of America again working with many of you, believe that

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<v Speaker 5>not only do we need to be energy independent, but

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<v Speaker 5>we need to be energy dominant in the world. Because

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<v Speaker 5>so many of these new technologies are energy independent.

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<v Speaker 3>It is going to stretch our.

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<v Speaker 5>Ability to expand our energy supplies to make sure that

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<v Speaker 5>we can power the technology change that is right at

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<v Speaker 5>our fingertips.

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<v Speaker 3>And when we do that, we will all be so

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<v Speaker 3>much more.

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<v Speaker 5>Effective and we will all bring more prosperity to our people.

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<v Speaker 3>People in our countries. The people that you're Prime Minister

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<v Speaker 3>has said he works for. How did he describe him

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<v Speaker 3>the other day? The owners?

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<v Speaker 5>Okay, really, they are the owners of Canada. The people

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<v Speaker 5>that we work for, they are the owners of America.

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<v Speaker 5>It's a great way to describe the people that we

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<v Speaker 5>work for. And you had a meeting today talking about

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<v Speaker 5>trust and the concern about so many people in our

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<v Speaker 5>countries no longer have trust in the institutions or trust

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<v Speaker 5>in government.

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<v Speaker 3>And I lived with that in politics for a long time.

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<v Speaker 5>But as we as a business community and as governments

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<v Speaker 5>deliver more prosperity, we deliver more benefits to our owners.

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<v Speaker 3>I like that.

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<v Speaker 5>I'm just gonna steal it from from Carnie. Okay, I

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00:27:09.240 --> 00:27:14.240
<v Speaker 5>like that, But you know, the guess what, we will

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<v Speaker 5>build trust with our owners. Just like some of you,

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<v Speaker 5>maybe many of you, are affiliated with publicly held companies.

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<v Speaker 5>Sometimes I've invested wisely. Sometimes I've invested not so wisely,

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<v Speaker 5>and in those companies that turned out to be not

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<v Speaker 5>such wise investment. It wasn't my problem. It wasn't my fault.

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<v Speaker 5>I picked the right companies. Yeah, sure, But what I

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<v Speaker 5>did is I picked you know, I picked companies where

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<v Speaker 5>I couldn't try. I found out later on I couldn't

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<v Speaker 5>trust the leadership.

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<v Speaker 3>Just kidding, Okay.

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<v Speaker 5>I know that some of my friends in Canada don't

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<v Speaker 5>have the greatest sense of humor. Okay, but so I

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00:28:01.720 --> 00:28:05.400
<v Speaker 5>have to tell them that I'm sharing with them a

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<v Speaker 5>joke from a.

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<v Speaker 3>Sick Dutch perspective.

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<v Speaker 5>Okay, but you know, the bottom line is when a

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<v Speaker 5>company performs poorly, its leadership loses trust from its employees,

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<v Speaker 5>from its customers, and from those who have invested and

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<v Speaker 5>expected much better. And in reality in America, and that's

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<v Speaker 5>why we had the result from the election that we did,

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<v Speaker 5>is that there are many in America who are apprehensive

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<v Speaker 5>about our future and the issues that we were discussing.

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<v Speaker 5>That they demanded change, and that they demanded the type

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<v Speaker 5>of change that they believe would that they could trust in,

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00:28:53.680 --> 00:28:58.079
<v Speaker 5>that they would have leadership that made promises that in

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<v Speaker 5>a campaign that they.

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<v Speaker 3>Would then amlement.

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<v Speaker 5>Well, you know, I can't get into politics beyond that.

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<v Speaker 5>But so here we are. You know, the President has

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<v Speaker 5>committed we are open for business. We're working on the

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<v Speaker 5>things that the B seven has identified. It is a

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<v Speaker 5>great time to be in Canada in that, you know,

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<v Speaker 5>you had an election two and a half weeks ago,

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<v Speaker 5>a new cabinet on Tuesday, a B seven summit now

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<v Speaker 5>for a few days. I think that there will be

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<v Speaker 5>discussions ongoing over the next couple of weeks about you know,

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<v Speaker 5>the United States and your hosts Canada.

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<v Speaker 3>In terms of where we move forward on a number

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<v Speaker 3>of serious issues.

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<v Speaker 5>Then you've got the King coming, Yeah, and you're going

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<v Speaker 5>to have a phenomenal I don't know exactly how long

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<v Speaker 5>he will be here, but is the King coming here,

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<v Speaker 5>you know, for maybe three four days. I'm sure it

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<v Speaker 5>will be an awesome experience. Congratulations to the Canadian government

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<v Speaker 5>for being able to get the King to come to

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<v Speaker 5>Canada and you know, show that kind of respect for

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<v Speaker 5>for Canada, and so.

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<v Speaker 3>Lots of great things happening here.

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<v Speaker 5>And then we have the G seven summit, so it's like, wow,

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<v Speaker 5>what an awesome time to come to to Ottawa and

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<v Speaker 5>what an awesome you know, and you're throwing a few

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<v Speaker 5>tulips and we're okay.

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<v Speaker 3>I just want to leave one final thought with you

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<v Speaker 3>is that.

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<v Speaker 5>Many of your governments are also going to be asked.

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<v Speaker 5>If we want to achieve all these economic goals and objectives,

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<v Speaker 5>we also also need a peaceful and secure world. It

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<v Speaker 5>is why America continues to invest significantly.

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<v Speaker 3>In our defense.

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<v Speaker 5>And why we want to partner with you in things

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<v Speaker 5>that secure our countries and our people, because if we

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00:31:20.200 --> 00:31:31.960
<v Speaker 5>are safe, and if we are secure, that liberates, that

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00:31:32.119 --> 00:31:37.279
<v Speaker 5>liberates the business community to prosper.

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<v Speaker 3>And bring prosperity to all of our owners.

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<v Speaker 5>So work with us on economic issues, work with us

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<v Speaker 5>on the friendships and the relationships that we have on

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00:31:48.119 --> 00:31:51.920
<v Speaker 5>a personal basis around the world, and work with us

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00:31:51.960 --> 00:31:56.720
<v Speaker 5>on security issues so that we can deliver for the

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00:31:56.799 --> 00:32:02.799
<v Speaker 5>people that own our countries and we can rebuild the

404
00:32:02.839 --> 00:32:10.880
<v Speaker 5>trust that they demand, and we will be amazed at

405
00:32:10.920 --> 00:32:15.359
<v Speaker 5>what we can accomplish in a very short period of time.

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<v Speaker 5>I'm amazed with the President has accomplished in America, has

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00:32:17.920 --> 00:32:22.720
<v Speaker 5>accomplished in roughly one hundred and twenty days. But if

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00:32:22.720 --> 00:32:26.000
<v Speaker 5>we're all pushing in the same direction, we'll be even

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00:32:26.119 --> 00:32:29.519
<v Speaker 5>more amazed about what we can accomplish together. Hey, thank

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00:32:29.559 --> 00:32:32.240
<v Speaker 5>you very much, and I hope you had a great conference.

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<v Speaker 6>Good afternoon, Gosh, I missed scrums like this. Would you

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00:32:56.640 --> 00:32:58.799
<v Speaker 6>like me to say something off the top. I really

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<v Speaker 6>want to congratulate the Indian Chamber of Commerce. I've been

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<v Speaker 6>so proud to be a Canadian kicking off the G

415
00:33:05.839 --> 00:33:10.960
<v Speaker 6>seven season for Alberta with a gathering of business leaders

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00:33:11.000 --> 00:33:14.279
<v Speaker 6>from across the world talking about opportunities for our country,

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00:33:14.960 --> 00:33:17.279
<v Speaker 6>but also reminding people of how much benefit there has

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00:33:17.319 --> 00:33:22.359
<v Speaker 6>been from global trade, global security allies and alliances. You're

419
00:33:22.400 --> 00:33:26.200
<v Speaker 6>stronger together, not separate. So there's really been a great

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00:33:26.519 --> 00:33:30.319
<v Speaker 6>undercurrent of collaboration within the business community at this and

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<v Speaker 6>I'm just so proud to be a part of it

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<v Speaker 6>now that I'm in the private sector, and I've loved

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<v Speaker 6>to see all sides of the political domain showing support

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<v Speaker 6>as well. So if the G seven can be as

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00:33:40.759 --> 00:33:43.759
<v Speaker 6>collaborative as the B seven, we're heading in a good direction.

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<v Speaker 7>What are the odds of.

427
00:33:50.079 --> 00:33:51.839
<v Speaker 6>Do you want a couple words in French or is

428
00:33:51.839 --> 00:33:53.519
<v Speaker 6>there any oy.

429
00:33:56.200 --> 00:33:56.720
<v Speaker 2>To that point?

430
00:33:56.920 --> 00:33:59.720
<v Speaker 8>Like the business community and all which is semitatries, you're

431
00:33:59.720 --> 00:34:02.519
<v Speaker 8>basically similar challenges, similar anxieties on terras.

432
00:34:03.000 --> 00:34:05.319
<v Speaker 2>On the political lead, there may not be that kind

433
00:34:05.359 --> 00:34:05.880
<v Speaker 2>of unity.

434
00:34:06.599 --> 00:34:09.199
<v Speaker 9>I guess what are your what are your expectations or

435
00:34:09.199 --> 00:34:11.960
<v Speaker 9>I guess advice for commauney efficients heading into these meetings

436
00:34:12.440 --> 00:34:14.760
<v Speaker 9>and having to manage those dynamics.

437
00:34:15.679 --> 00:34:17.800
<v Speaker 6>Well, I think there's been good signs actually, the fact

438
00:34:17.840 --> 00:34:21.360
<v Speaker 6>that the United States is reaching some bilateral deals, whether

439
00:34:21.400 --> 00:34:24.400
<v Speaker 6>they're with the United Kingdom or with China, that's a

440
00:34:24.480 --> 00:34:26.960
<v Speaker 6>start that we are maybe getting through the biggest period

441
00:34:27.000 --> 00:34:30.679
<v Speaker 6>of uncertainty, and that the Trump administration is wanting to

442
00:34:30.800 --> 00:34:35.119
<v Speaker 6>restructure global trade. So in trade. Wars don't benefit anybody, uh,

443
00:34:35.320 --> 00:34:38.880
<v Speaker 6>But certainty and and deals do. I think Canada and

444
00:34:38.960 --> 00:34:40.800
<v Speaker 6>the other members of the G seven can learn from that.

445
00:34:41.559 --> 00:34:45.199
<v Speaker 6>And at the same time, if the US prolongs this uncertainty,

446
00:34:45.559 --> 00:34:47.440
<v Speaker 6>we need to do more together. So I do a

447
00:34:47.519 --> 00:34:49.400
<v Speaker 6>lot of work with Europe. I know a lot of

448
00:34:49.440 --> 00:34:54.360
<v Speaker 6>European firms, from AI to defense, to to energy are

449
00:34:54.400 --> 00:34:57.480
<v Speaker 6>looking at opportunities in Canada and we must do the same.

450
00:34:57.639 --> 00:35:00.679
<v Speaker 6>So there's there's strength in global trade. We need to

451
00:35:00.760 --> 00:35:03.079
<v Speaker 6>rebalance it a little bit. And I think the G

452
00:35:03.239 --> 00:35:05.239
<v Speaker 6>seven is coming out a perfect time. After some of

453
00:35:05.280 --> 00:35:10.000
<v Speaker 6>these bilateral deals. It's time for a global approach so

454
00:35:10.079 --> 00:35:14.280
<v Speaker 6>that we stop diminishing shared wealth and shared opportunity. And

455
00:35:14.639 --> 00:35:16.679
<v Speaker 6>I'm optimistic about about Alberta.

456
00:35:17.280 --> 00:35:19.599
<v Speaker 10>On that point of collaboration.

457
00:35:20.760 --> 00:35:23.480
<v Speaker 11>Is there a room for your former party, you Servative

458
00:35:23.559 --> 00:35:25.719
<v Speaker 11>Party of Canada, to be part of that?

459
00:35:25.880 --> 00:35:28.400
<v Speaker 9>Should they be more collaborative with the government when it

460
00:35:28.480 --> 00:35:30.039
<v Speaker 9>comes to celevates trade issues.

461
00:35:31.239 --> 00:35:34.199
<v Speaker 6>Well, it's my current party. I'm a former leader, so

462
00:35:34.400 --> 00:35:36.920
<v Speaker 6>I'm proud of the work I did with the Conservative Party.

463
00:35:37.320 --> 00:35:39.639
<v Speaker 6>I do think the Conservatives are going to take some

464
00:35:39.800 --> 00:35:43.599
<v Speaker 6>lessons from losing an election the leader from losing his seat.

465
00:35:44.119 --> 00:35:46.840
<v Speaker 6>I think they've shown a degree already of trying to

466
00:35:46.880 --> 00:35:50.280
<v Speaker 6>put Canada first. I know the interim Parliamentary leader has

467
00:35:50.360 --> 00:35:54.400
<v Speaker 6>suggested they'll work with the Carnei government on issues related

468
00:35:54.440 --> 00:35:58.159
<v Speaker 6>to resolving US Canada trade. But you know, we have

469
00:35:58.239 --> 00:36:00.440
<v Speaker 6>to be honest with ourselves. We haven't. On the last

470
00:36:00.480 --> 00:36:04.440
<v Speaker 6>number of elections, the Liberals changed one key part of

471
00:36:04.480 --> 00:36:06.800
<v Speaker 6>their team and were able to win back the trust

472
00:36:06.840 --> 00:36:09.639
<v Speaker 6>of Canadians. So we have to take some learnings from that.

473
00:36:09.840 --> 00:36:14.199
<v Speaker 6>And I think collaborating on North American trade and defense

474
00:36:14.599 --> 00:36:18.880
<v Speaker 6>and Arctic sovereignty and meeting our natal commitments, those are

475
00:36:18.880 --> 00:36:21.519
<v Speaker 6>all commitments I had made years ago. So the Conservatives

476
00:36:22.159 --> 00:36:24.679
<v Speaker 6>in many ways have been outfront on these issues. So

477
00:36:24.800 --> 00:36:27.280
<v Speaker 6>now that the Liberals are advocating that, let's work together

478
00:36:27.360 --> 00:36:27.599
<v Speaker 6>on them.

479
00:36:28.280 --> 00:36:31.519
<v Speaker 12>And how does the US call for five percent target

480
00:36:31.519 --> 00:36:34.039
<v Speaker 12>at NATO, which sure seems to be saying is going

481
00:36:34.079 --> 00:36:36.559
<v Speaker 12>to be extended but maybe with some creative county, How

482
00:36:36.599 --> 00:36:39.039
<v Speaker 12>does that change the game for Canada's ability to need it.

483
00:36:40.400 --> 00:36:43.039
<v Speaker 6>Well, As someone who flew on helicopters back in the

484
00:36:43.119 --> 00:36:45.760
<v Speaker 6>day that were much older than I was, we used

485
00:36:45.760 --> 00:36:48.800
<v Speaker 6>to dream about hitting two percent of GDP as a

486
00:36:48.840 --> 00:36:52.920
<v Speaker 6>defense target. I don't think five percent is realistic. I

487
00:36:53.039 --> 00:36:56.280
<v Speaker 6>do think the Secretary is probably using that as an

488
00:36:56.360 --> 00:36:59.559
<v Speaker 6>incentive for people to get much more serious. I do

489
00:36:59.760 --> 00:37:03.400
<v Speaker 6>hear when I was in Europe a significant portion of

490
00:37:03.599 --> 00:37:08.360
<v Speaker 6>European countries looking to three percent. The Business Council of Canada,

491
00:37:08.880 --> 00:37:11.760
<v Speaker 6>I want to congratulate them on their great report on

492
00:37:11.880 --> 00:37:15.199
<v Speaker 6>Defense and Security from about six months ago. They've advocated

493
00:37:15.599 --> 00:37:18.440
<v Speaker 6>for the three percent range. When you think about the

494
00:37:18.599 --> 00:37:22.800
<v Speaker 6>infrastructure we would be building in the Arctic, ports, aerodromes,

495
00:37:22.840 --> 00:37:26.320
<v Speaker 6>this is going to help food security, economic security, So

496
00:37:26.440 --> 00:37:29.559
<v Speaker 6>don't think of it as just three percent for guns

497
00:37:29.599 --> 00:37:33.440
<v Speaker 6>and bullets. This is about giving military families the bases

498
00:37:33.519 --> 00:37:37.199
<v Speaker 6>and the accommodations they deserve for serving our country, better

499
00:37:37.320 --> 00:37:39.920
<v Speaker 6>pay for when they deploy and could be hurt serving

500
00:37:40.000 --> 00:37:43.159
<v Speaker 6>our interests. So I think very quickly, if we right

501
00:37:43.280 --> 00:37:46.599
<v Speaker 6>size the military, given the equipment they need, we can

502
00:37:46.679 --> 00:37:50.119
<v Speaker 6>spend three percent and help Canadian infrastructure and business at

503
00:37:50.119 --> 00:37:52.519
<v Speaker 6>the same time. So I think I hope the Carnei

504
00:37:52.599 --> 00:37:56.079
<v Speaker 6>government shows some ambition on their next plans for national defense.

505
00:37:56.239 --> 00:37:59.800
<v Speaker 10>On their ambition, just as a follow up, what is

506
00:37:59.800 --> 00:38:01.360
<v Speaker 10>it like for you to see.

507
00:38:02.840 --> 00:38:06.320
<v Speaker 12>This such quick movement on internal trade now that has

508
00:38:06.360 --> 00:38:09.400
<v Speaker 12>been a gold for decades.

509
00:38:11.000 --> 00:38:12.880
<v Speaker 6>Well, there was a case a few years ago called

510
00:38:12.880 --> 00:38:15.480
<v Speaker 6>the Como case. It went to the Supreme Court of

511
00:38:15.559 --> 00:38:18.480
<v Speaker 6>Canada about somebody buying beer at Costco and bringing it home.

512
00:38:19.280 --> 00:38:21.440
<v Speaker 6>Let's grow up as a country. We've got to drop

513
00:38:21.519 --> 00:38:26.079
<v Speaker 6>all these hundred year old UH regulatory rules and barriers.

514
00:38:26.719 --> 00:38:30.239
<v Speaker 6>The real proof will be in the putting around jobs

515
00:38:30.679 --> 00:38:34.840
<v Speaker 6>and recognition of of labor standards and work construction jobs

516
00:38:34.880 --> 00:38:36.880
<v Speaker 6>here in Ottawa or on the other side in Quebec.

517
00:38:37.199 --> 00:38:40.119
<v Speaker 6>That's where the province is. We'll have to get serious

518
00:38:40.199 --> 00:38:42.960
<v Speaker 6>to really make a deal on internal trade. I've seen

519
00:38:43.039 --> 00:38:48.400
<v Speaker 6>great progress led by Premier Houston, UH, Premier Ford, Premier's Canoe.

520
00:38:49.000 --> 00:38:49.119
<v Speaker 13>UH.

521
00:38:49.159 --> 00:38:51.480
<v Speaker 6>The West was already ahead of us on some of this.

522
00:38:52.199 --> 00:38:55.320
<v Speaker 6>But it's got to be more than wine freeing the grape.

523
00:38:55.960 --> 00:39:01.119
<v Speaker 6>It's more about recognizing professional credential, allowing someone who's an

524
00:39:01.119 --> 00:39:04.159
<v Speaker 6>electrician in Ottawa to do a job in Quebec. I

525
00:39:04.199 --> 00:39:07.960
<v Speaker 6>think we expect not just politicians but union leaders to

526
00:39:08.000 --> 00:39:11.320
<v Speaker 6>say we need to have more internal trade, more opportunity

527
00:39:11.360 --> 00:39:14.920
<v Speaker 6>at home when the international scene is a little more

528
00:39:15.000 --> 00:39:16.719
<v Speaker 6>uncertain what do you think.

529
00:39:17.360 --> 00:39:20.239
<v Speaker 7>The Pier Paulia and the party should deal with what

530
00:39:20.400 --> 00:39:24.280
<v Speaker 7>Alberta Premier Daniel Smith is talking about separation, referendum.

531
00:39:25.639 --> 00:39:27.960
<v Speaker 14>You know, the critician federal of climate policies and all

532
00:39:28.000 --> 00:39:28.280
<v Speaker 14>these things.

533
00:39:28.320 --> 00:39:31.559
<v Speaker 7>But how should the Conservatives now talk about and address

534
00:39:31.639 --> 00:39:33.639
<v Speaker 7>that that threatning. You know, they kind of share some

535
00:39:33.719 --> 00:39:36.679
<v Speaker 7>of those concerns, but they're often endorsing a referendum or separation,

536
00:39:36.760 --> 00:39:38.159
<v Speaker 7>But how should they approach that in their view?

537
00:39:38.639 --> 00:39:42.360
<v Speaker 6>I think all politicians, including my former colleagues and the Conservatives.

538
00:39:42.920 --> 00:39:48.280
<v Speaker 6>I think the Liberals, especially Minister Giebot, but also Premier Smith,

539
00:39:48.440 --> 00:39:52.280
<v Speaker 6>all have to approach this very very carefully. The country

540
00:39:52.440 --> 00:39:55.880
<v Speaker 6>is more important than all of them. I'm out of

541
00:39:55.920 --> 00:39:59.559
<v Speaker 6>politics now. You realize that you're part of something. It's

542
00:39:59.599 --> 00:40:03.880
<v Speaker 6>not about you, it's about the country. So Premier Smith

543
00:40:04.320 --> 00:40:07.280
<v Speaker 6>must be very careful because there's a difference between advocating

544
00:40:07.360 --> 00:40:11.000
<v Speaker 6>for more fairness on natural resources, on energy, something I

545
00:40:11.119 --> 00:40:15.039
<v Speaker 6>did for ten years as an Ontario NP Canadians support

546
00:40:15.679 --> 00:40:20.000
<v Speaker 6>Alberta energy, they support potash from Saskatchewan. So I think

547
00:40:20.039 --> 00:40:23.760
<v Speaker 6>it is reckless sometimes when politicians lose sight of their

548
00:40:23.800 --> 00:40:28.119
<v Speaker 6>most important goal, which is the country. Its unity and

549
00:40:28.639 --> 00:40:32.559
<v Speaker 6>the well being of its people. I was very disappointed

550
00:40:32.599 --> 00:40:37.079
<v Speaker 6>by the comments of Minister Gibot. These are the little

551
00:40:38.039 --> 00:40:42.480
<v Speaker 6>flames that whip up populous currents. So I hope all politicians,

552
00:40:42.639 --> 00:40:46.000
<v Speaker 6>I say this as a former one, are a lot

553
00:40:46.079 --> 00:40:50.159
<v Speaker 6>more responsible on how they approach questions on national unity

554
00:40:50.239 --> 00:40:51.119
<v Speaker 6>and collaboration.

555
00:40:52.079 --> 00:40:55.559
<v Speaker 14>Gerald Buds earlier said that you setting exact spectations moth

556
00:40:55.679 --> 00:40:57.320
<v Speaker 14>the G seven concerns about.

557
00:40:57.119 --> 00:40:58.960
<v Speaker 6>How the many different ways of a those sideways. It

558
00:40:59.079 --> 00:41:01.000
<v Speaker 6>was frump Do you share in those concerns? Did did

559
00:41:01.039 --> 00:41:02.400
<v Speaker 6>you hear those commonsas.

560
00:41:03.480 --> 00:41:03.559
<v Speaker 9>Well?

561
00:41:03.639 --> 00:41:06.719
<v Speaker 6>Unfortunately Jerry said is his ambitions too low for Canada

562
00:41:06.800 --> 00:41:11.159
<v Speaker 6>for far too long. I'm very optimistic actually about what

563
00:41:11.239 --> 00:41:15.079
<v Speaker 6>the G seven could be, As I said, already movement

564
00:41:15.119 --> 00:41:20.000
<v Speaker 6>on a bilateral level with the United Kingdom. Canada has

565
00:41:20.440 --> 00:41:25.119
<v Speaker 6>a new Prime minister who's very well versed on international trade,

566
00:41:25.239 --> 00:41:30.159
<v Speaker 6>on energy, on energy transition issues, and I do think

567
00:41:30.280 --> 00:41:35.039
<v Speaker 6>there's unity now between many of the European members and Japan,

568
00:41:35.199 --> 00:41:38.000
<v Speaker 6>who I was speaking with yesterday. To make sure that

569
00:41:38.039 --> 00:41:42.079
<v Speaker 6>the United States understands that they have been the beneficiary

570
00:41:42.159 --> 00:41:46.840
<v Speaker 6>of global trade on the intangible's economy, whether it's Hollywood

571
00:41:46.920 --> 00:41:50.280
<v Speaker 6>or AI it's not all just about car parts now.

572
00:41:50.480 --> 00:41:53.800
<v Speaker 6>So I think we have an opportunity to really reset

573
00:41:54.039 --> 00:41:58.639
<v Speaker 6>the dialogue. And in Alberta, where mister Carney is from

574
00:41:59.519 --> 00:42:03.400
<v Speaker 6>having just stolen Stephen Harper's line that we're energy superpower

575
00:42:03.519 --> 00:42:08.320
<v Speaker 6>during the election, he should put energy at the forefront.

576
00:42:08.679 --> 00:42:11.760
<v Speaker 6>Any of the G seven countries should be using Canadian LERG.

577
00:42:12.480 --> 00:42:17.159
<v Speaker 6>They should be using Canadian uranium, Canadian critical minerals. If

578
00:42:17.199 --> 00:42:20.880
<v Speaker 6>you want supply chains that are high ESG standards that

579
00:42:21.079 --> 00:42:25.199
<v Speaker 6>have indigenous partnerships that you can be proud of when

580
00:42:25.199 --> 00:42:30.039
<v Speaker 6>you're generating energy or fertilizing your fields, that energy superpower

581
00:42:30.079 --> 00:42:32.880
<v Speaker 6>could actually be part of not just a solution for

582
00:42:33.119 --> 00:42:36.199
<v Speaker 6>Canada US relations, but for the G seven and a

583
00:42:36.239 --> 00:42:36.840
<v Speaker 6>path forward.

584
00:42:37.360 --> 00:42:39.880
<v Speaker 8>How does Canada negotiate with the US president as a

585
00:42:39.920 --> 00:42:43.079
<v Speaker 8>show he won't honor this all thost traded vie that he.

586
00:42:43.119 --> 00:42:47.800
<v Speaker 6>Himself signed very carefully. This is why I think a

587
00:42:47.840 --> 00:42:50.440
<v Speaker 6>bilateral deal, if we can get some certainty in it,

588
00:42:51.079 --> 00:42:55.039
<v Speaker 6>is just as important as opening up USMCA or customer

589
00:42:55.320 --> 00:42:59.760
<v Speaker 6>whoever puts the acronym first. We've got to be willing

590
00:42:59.800 --> 00:43:03.880
<v Speaker 6>to bet the table. And it took us five years

591
00:43:03.960 --> 00:43:08.119
<v Speaker 6>to align on steel, aluminum, and auto tariffs with China,

592
00:43:08.559 --> 00:43:12.840
<v Speaker 6>something the Conservatives advocated alignment for in twenty eighteen. The

593
00:43:12.920 --> 00:43:16.119
<v Speaker 6>Liberals took until twenty twenty four to do that. So

594
00:43:16.239 --> 00:43:18.960
<v Speaker 6>I think now that the Americans can see a fresh approach.

595
00:43:19.039 --> 00:43:21.800
<v Speaker 6>We are aligned on those core commodities. We're going to

596
00:43:21.840 --> 00:43:25.280
<v Speaker 6>be aligned on defense spending. We're interested in partnering on

597
00:43:25.480 --> 00:43:29.840
<v Speaker 6>Arctic sovereignty and on you know, standing up to incursions

598
00:43:30.079 --> 00:43:33.840
<v Speaker 6>in the North by near Arctic states and others. So

599
00:43:33.960 --> 00:43:36.920
<v Speaker 6>I think I think we can if we're looking a

600
00:43:36.960 --> 00:43:39.800
<v Speaker 6>little more serious. I think we can then hold the

601
00:43:39.840 --> 00:43:43.559
<v Speaker 6>administration to account when they backtrack on deals they've signed.

602
00:43:43.960 --> 00:43:45.840
<v Speaker 6>If it's the art of the deal, you have to

603
00:43:45.920 --> 00:43:47.000
<v Speaker 6>respect the deals you make.

604
00:43:47.679 --> 00:43:51.719
<v Speaker 9>Mister talked earlier about right sizing the Canadian military. The

605
00:43:51.800 --> 00:43:55.280
<v Speaker 9>government has a new online recruitment portals for people to

606
00:43:55.360 --> 00:43:57.719
<v Speaker 9>sign up to join or be enlist, and they face

607
00:43:57.800 --> 00:43:59.960
<v Speaker 9>a series of type little litches that have not elected

608
00:44:00.280 --> 00:44:00.760
<v Speaker 9>to sign up.

609
00:44:00.960 --> 00:44:02.119
<v Speaker 13>Uh, what is your response to that?

610
00:44:02.199 --> 00:44:03.840
<v Speaker 9>Do you think that we need a different approach here?

611
00:44:03.880 --> 00:44:05.840
<v Speaker 10>At first down, I think fourteen thousand.

612
00:44:05.599 --> 00:44:06.679
<v Speaker 1>People right now in the military.

613
00:44:08.000 --> 00:44:11.519
<v Speaker 6>The recruiting and retention crisis in the military right now

614
00:44:12.480 --> 00:44:16.079
<v Speaker 6>is the most serious issue we're facing for the Canadian

615
00:44:16.079 --> 00:44:20.400
<v Speaker 6>Air Forces and for Canadian domestic security. We have to

616
00:44:20.519 --> 00:44:24.480
<v Speaker 6>understand the needs of younger Canadians and what draws them

617
00:44:24.519 --> 00:44:29.280
<v Speaker 6>into the military. We need better pay. In fifty years ago,

618
00:44:29.400 --> 00:44:32.239
<v Speaker 6>Canadian bases used to be the best little communities, whether

619
00:44:32.280 --> 00:44:35.719
<v Speaker 6>they were in Greenwood, Nova Scotia or in Germany. We

620
00:44:35.880 --> 00:44:37.880
<v Speaker 6>have to make that a spread, a core of being

621
00:44:37.960 --> 00:44:42.719
<v Speaker 6>part of something bigger than yourself attractive. We also have

622
00:44:42.960 --> 00:44:45.840
<v Speaker 6>to m draw in people that want to go to

623
00:44:45.960 --> 00:44:49.000
<v Speaker 6>war and want to fight for their country. In the

624
00:44:49.079 --> 00:44:52.320
<v Speaker 6>last ten years, D and D has been too bureaucratized.

625
00:44:52.960 --> 00:44:55.960
<v Speaker 6>It is not public works, it is not parks Canada.

626
00:44:56.639 --> 00:45:00.000
<v Speaker 6>People do this and potentially give their life to their country.

627
00:45:00.639 --> 00:45:03.639
<v Speaker 6>So the institution needs to be treated a little better.

628
00:45:04.800 --> 00:45:08.800
<v Speaker 6>Respect for its history and institutions needs to be brushed off.

629
00:45:10.320 --> 00:45:12.639
<v Speaker 6>So some of the things talked about today is about

630
00:45:12.719 --> 00:45:16.760
<v Speaker 6>rebalancing discussions on making sure our military is professional, making

631
00:45:16.800 --> 00:45:19.480
<v Speaker 6>sure there's inclusion, but also making sure that we have

632
00:45:19.559 --> 00:45:22.840
<v Speaker 6>a war fighting force and that young men and women

633
00:45:22.920 --> 00:45:26.679
<v Speaker 6>that want to be part of something that is bigger

634
00:45:26.719 --> 00:45:30.119
<v Speaker 6>than themselves feel that pride. So there's a cultural challenge

635
00:45:30.119 --> 00:45:32.280
<v Speaker 6>in the military right now that they need to address.

636
00:45:32.199 --> 00:45:34.000
<v Speaker 13>And the clues are actually due to the volume of

637
00:45:34.039 --> 00:45:35.239
<v Speaker 13>people trying to sign up right now.

638
00:45:35.320 --> 00:45:37.119
<v Speaker 5>So people are saying this because of a different state.

639
00:45:37.159 --> 00:45:38.920
<v Speaker 10>Do you think that the sovereignty threat to play any

640
00:45:39.039 --> 00:45:39.440
<v Speaker 10>role in.

641
00:45:40.159 --> 00:45:41.199
<v Speaker 13>Those wanting to be less?

642
00:45:41.599 --> 00:45:44.480
<v Speaker 6>I think the changing world, particularly some of the young

643
00:45:44.559 --> 00:45:49.719
<v Speaker 6>people I speak to, realize that my generation, the exers,

644
00:45:50.320 --> 00:45:52.480
<v Speaker 6>maybe had a bit of a holiday from history where

645
00:45:52.559 --> 00:45:55.760
<v Speaker 6>there was stability, largely due to trade and other things,

646
00:45:56.320 --> 00:45:59.639
<v Speaker 6>and that's changing. And so for some Canadians there's a

647
00:45:59.719 --> 00:46:02.480
<v Speaker 6>desire desire to put the uniform of their country on

648
00:46:02.599 --> 00:46:05.480
<v Speaker 6>and be willing to stand a post, to be willing

649
00:46:06.079 --> 00:46:09.039
<v Speaker 6>to to serve, whether it's in theater or whether it's

650
00:46:09.079 --> 00:46:12.800
<v Speaker 6>at home. There's also a great desire to have civic

651
00:46:12.920 --> 00:46:16.639
<v Speaker 6>forces responding to floods and fires. We're going to see

652
00:46:16.719 --> 00:46:18.880
<v Speaker 6>more of this. We can't have the military doing that.

653
00:46:19.119 --> 00:46:23.360
<v Speaker 6>So how do we harness that desire from young Canadians

654
00:46:23.400 --> 00:46:26.840
<v Speaker 6>to serve their country? This is what the Canadian or

655
00:46:26.880 --> 00:46:30.519
<v Speaker 6>forces has to update their thinking, and it seems their technology.

656
00:46:31.079 --> 00:46:34.000
<v Speaker 9>I'm val a layer ambassadors, I'm messor alias spoken in

657
00:46:34.119 --> 00:46:35.719
<v Speaker 9>term remarks about.

658
00:46:36.079 --> 00:46:39.719
<v Speaker 5>Dei polsteds and how many consumers thought that they.

659
00:46:39.679 --> 00:46:40.599
<v Speaker 12>Were being questioned to.

660
00:46:41.280 --> 00:46:44.400
<v Speaker 7>You have been outspoken for mull culture in the past,

661
00:46:44.440 --> 00:46:46.159
<v Speaker 7>and I'm just wondering if you think or if you've

662
00:46:46.199 --> 00:46:47.599
<v Speaker 7>heard that Canadian.

663
00:46:47.320 --> 00:46:51.800
<v Speaker 15>Businesses need to better align with the US business side

664
00:46:52.039 --> 00:46:54.320
<v Speaker 15>and get rid of some of those dei qulicies.

665
00:46:55.000 --> 00:46:58.840
<v Speaker 6>I think inclusion and respect for difference has to be fundamental,

666
00:46:59.480 --> 00:47:01.599
<v Speaker 6>but I do I think the rise of social media

667
00:47:01.719 --> 00:47:04.440
<v Speaker 6>has led to a polarization on both left and right,

668
00:47:05.159 --> 00:47:09.079
<v Speaker 6>where the left would want to cancel and stop everything,

669
00:47:09.719 --> 00:47:11.599
<v Speaker 6>and there'd be pushed back from the right on all

670
00:47:11.639 --> 00:47:16.000
<v Speaker 6>those issues. I wasn't perfect when I navigated and tried

671
00:47:16.079 --> 00:47:18.559
<v Speaker 6>to find a balance in that, but after a number

672
00:47:18.559 --> 00:47:21.679
<v Speaker 6>of years, people are shutting off. And if we saw

673
00:47:21.719 --> 00:47:26.280
<v Speaker 6>the trust index that Ambassador Haley was part of a

674
00:47:26.360 --> 00:47:31.840
<v Speaker 6>discussion declining trust in politicians, in business, in the media,

675
00:47:32.480 --> 00:47:35.039
<v Speaker 6>some of this is from the polarization. So I think

676
00:47:35.559 --> 00:47:39.480
<v Speaker 6>people want respect for difference, they want equal opportunity, but

677
00:47:39.599 --> 00:47:42.679
<v Speaker 6>there is a fatigue with the extreme positions on left

678
00:47:42.719 --> 00:47:44.400
<v Speaker 6>and right on this. So I don't think this is

679
00:47:44.480 --> 00:47:47.480
<v Speaker 6>a war on woke as it is more a need

680
00:47:47.599 --> 00:47:51.000
<v Speaker 6>for centrists to speak up and ask for a bit

681
00:47:51.079 --> 00:47:52.320
<v Speaker 6>more responsible dialogue.

682
00:47:53.320 --> 00:47:55.679
<v Speaker 2>Just back to the alignment on China.

683
00:47:55.840 --> 00:47:59.679
<v Speaker 10>That's had some questions you see about, you know, especially

684
00:48:00.079 --> 00:48:00.199
<v Speaker 10>with the.

685
00:48:00.280 --> 00:48:02.719
<v Speaker 12>US on China, but that has really gotten us not

686
00:48:02.880 --> 00:48:06.760
<v Speaker 12>really any protections from the trade war sketchw on Premier

687
00:48:06.800 --> 00:48:09.880
<v Speaker 12>Scott Moe was called the trade war with China directly

688
00:48:09.960 --> 00:48:12.440
<v Speaker 12>in the intact of Panola uh industry.

689
00:48:12.480 --> 00:48:14.800
<v Speaker 10>They are like far more damaging than the US trade war.

690
00:48:16.320 --> 00:48:18.559
<v Speaker 10>Do you think it's time for the Canadian government to

691
00:48:19.199 --> 00:48:21.239
<v Speaker 10>talk to China. I'm not suggesting free trade agreement, but

692
00:48:22.400 --> 00:48:23.639
<v Speaker 10>is there you think there should.

693
00:48:23.360 --> 00:48:24.280
<v Speaker 13>Bet any open as to the thing?

694
00:48:24.360 --> 00:48:27.320
<v Speaker 10>Maybe or reducing the tires of etis well.

695
00:48:27.320 --> 00:48:29.639
<v Speaker 6>I think we have to be careful. We did not

696
00:48:29.880 --> 00:48:33.719
<v Speaker 6>align on trade with China until last year. They asked

697
00:48:33.800 --> 00:48:36.760
<v Speaker 6>us to in twenty eighteen. So it was in August

698
00:48:36.800 --> 00:48:40.039
<v Speaker 6>twenty twenty four months before President Trump was re elected,

699
00:48:40.440 --> 00:48:45.320
<v Speaker 6>that Canada finally came into alignment on steel, aluminum, and evs.

700
00:48:46.119 --> 00:48:49.719
<v Speaker 6>Many of US were advocating for this alignment, this sort

701
00:48:49.760 --> 00:48:53.320
<v Speaker 6>of fortress North America approach back in twenty eighteen, and

702
00:48:53.519 --> 00:48:57.400
<v Speaker 6>we missed an opportunity to to align then with our

703
00:48:57.440 --> 00:49:00.639
<v Speaker 6>most important partner, and it's not just auto. If President

704
00:49:00.679 --> 00:49:04.440
<v Speaker 6>Trump wants to rebuild the arsenal of democracy and shipbuilding

705
00:49:04.480 --> 00:49:06.840
<v Speaker 6>and all these things, he needs Canadian aluminum, he needs

706
00:49:06.920 --> 00:49:10.960
<v Speaker 6>Canadian steel, and they have since the nineteen forties. So

707
00:49:11.679 --> 00:49:15.880
<v Speaker 6>we've recently aligned. We now have to show we're serious

708
00:49:15.960 --> 00:49:19.599
<v Speaker 6>on defense and we're a serious voice in the Indo

709
00:49:19.679 --> 00:49:22.119
<v Speaker 6>Pacific and other parts of the world where our allies

710
00:49:22.199 --> 00:49:26.559
<v Speaker 6>have been engaged in serious talks, whether it's you know,

711
00:49:26.719 --> 00:49:29.920
<v Speaker 6>Aucus or other things. We have to be a voice.

712
00:49:30.320 --> 00:49:32.440
<v Speaker 6>Doesn't mean we have to join all things. I don't

713
00:49:32.480 --> 00:49:34.679
<v Speaker 6>think we need to be in Aucus for a submarine,

714
00:49:35.280 --> 00:49:37.239
<v Speaker 6>but we need a submarine on our own, and we

715
00:49:37.360 --> 00:49:40.599
<v Speaker 6>need to be a country that's taken seriously. I think

716
00:49:40.679 --> 00:49:42.280
<v Speaker 6>the Prime Minister has the chance to do that.

717
00:49:43.000 --> 00:49:46.039
<v Speaker 9>When I asked you about the collaboration between the Conservative Party,

718
00:49:46.119 --> 00:49:46.920
<v Speaker 9>that was you brought.

719
00:49:46.800 --> 00:49:50.280
<v Speaker 7>Up saying that when you were as leader you would.

720
00:49:50.039 --> 00:49:51.920
<v Speaker 2>Also probably about the best spending and other.

721
00:49:51.880 --> 00:49:53.920
<v Speaker 9>Things that Mark Carney had brought forward. So maybe there

722
00:49:53.960 --> 00:49:55.719
<v Speaker 9>was a path there. And I want to ask you

723
00:49:56.000 --> 00:49:57.559
<v Speaker 9>if you think that if you had still been the

724
00:49:57.679 --> 00:49:59.199
<v Speaker 9>layer in this last selection, if you think you.

725
00:49:59.199 --> 00:49:59.920
<v Speaker 16>Would have been able to be.

726
00:50:01.480 --> 00:50:03.599
<v Speaker 6>You know I can't sleep every night thinking about that

727
00:50:03.840 --> 00:50:07.760
<v Speaker 6>very question. Look, I'm not here to to re litigate

728
00:50:07.800 --> 00:50:11.519
<v Speaker 6>past battles. I'm a proud Conservative, but I've also been

729
00:50:11.559 --> 00:50:13.920
<v Speaker 6>proud of how Prime Mister Carney has performed so far

730
00:50:14.639 --> 00:50:18.719
<v Speaker 6>with us UH a country. I worked as a senior

731
00:50:18.800 --> 00:50:22.199
<v Speaker 6>lawyer for one of their leading CONU companies. I served

732
00:50:22.239 --> 00:50:27.800
<v Speaker 6>alongside Americans when our navy sailed and visited American bases

733
00:50:27.880 --> 00:50:31.639
<v Speaker 6>as an Air Force officer. I've been disappointed by our

734
00:50:31.679 --> 00:50:37.079
<v Speaker 6>closest ally disrespecting UH. I spoke in Congress about the

735
00:50:37.159 --> 00:50:39.800
<v Speaker 6>Devil's Brigade, where Canadians and Americans fought together in World

736
00:50:39.840 --> 00:50:43.480
<v Speaker 6>War Two. That is our history, and that's more important

737
00:50:43.719 --> 00:50:47.599
<v Speaker 6>than any president either. So I want Team Canada to win.

738
00:50:47.920 --> 00:50:50.800
<v Speaker 6>I'm cheering for Prime Minister Carney in in his dealings

739
00:50:50.840 --> 00:50:53.840
<v Speaker 6>with President Trump, and I think the Conservatives can help.

740
00:50:54.199 --> 00:50:56.360
<v Speaker 6>I think the premiers can help, and I think business

741
00:50:56.440 --> 00:50:59.400
<v Speaker 6>can help and the b seven. If all the premiers

742
00:50:59.440 --> 00:51:02.159
<v Speaker 6>and and the Caucuses on the Hill followed the collaboration

743
00:51:02.320 --> 00:51:05.400
<v Speaker 6>we've seen here, we'll have a lot of success in Alberta.

744
00:51:05.719 --> 00:51:07.320
<v Speaker 6>Thank you very much, good to see you all again.

745
00:51:08.280 --> 00:51:12.079
<v Speaker 8>Thank you don't mind this selfless promotion here as I

746
00:51:12.199 --> 00:51:17.320
<v Speaker 8>hold our communicate, but welcome everybody. We are on day

747
00:51:17.480 --> 00:51:21.679
<v Speaker 8>three of our B seven, our Business Group of seven summit.

748
00:51:22.320 --> 00:51:27.400
<v Speaker 8>This has been a remarkable gathering of business leaders from

749
00:51:27.639 --> 00:51:31.599
<v Speaker 8>across the G seven countries and the EU. We've had

750
00:51:32.159 --> 00:51:36.400
<v Speaker 8>great conversations, but our work really started months ago. We've

751
00:51:36.559 --> 00:51:43.320
<v Speaker 8>been working together on framing priorities, both priorities and solutions

752
00:51:43.679 --> 00:51:49.000
<v Speaker 8>for key topics right now impacting our global economy, and

753
00:51:49.199 --> 00:51:53.599
<v Speaker 8>that work has culminated in priorities in this communicate that

754
00:51:53.760 --> 00:51:57.880
<v Speaker 8>we have and we'll be presenting later this afternoon to

755
00:51:58.000 --> 00:52:03.199
<v Speaker 8>Canada's G seven Sherpa to help provide a guidance on

756
00:52:03.400 --> 00:52:07.199
<v Speaker 8>the challenges and priorities that need to be discussed at

757
00:52:07.239 --> 00:52:10.320
<v Speaker 8>the G seven gathering this year. And undoubtedly, given the

758
00:52:10.400 --> 00:52:15.119
<v Speaker 8>current level of disruption in the economy and global trade,

759
00:52:16.079 --> 00:52:21.239
<v Speaker 8>you believe these priorities will feature feature quite quite prominently

760
00:52:21.320 --> 00:52:24.679
<v Speaker 8>in those G seven discussions and we're very pleased that

761
00:52:24.840 --> 00:52:30.840
<v Speaker 8>we have this opportunity to provide that helpful guidance to

762
00:52:31.039 --> 00:52:35.440
<v Speaker 8>shape those discussions this year more important than ever impacting

763
00:52:36.039 --> 00:52:39.199
<v Speaker 8>all of us globally as we have this reordering of

764
00:52:39.280 --> 00:52:43.800
<v Speaker 8>our economy and impacting so many people worldwide.

765
00:52:43.960 --> 00:52:45.840
<v Speaker 11>So I will pass over to.

766
00:52:45.840 --> 00:52:47.920
<v Speaker 8>My colleague Matt Holmes to talk a little bit about

767
00:52:47.960 --> 00:52:49.320
<v Speaker 8>those priorities in our communica.

768
00:52:50.760 --> 00:52:53.559
<v Speaker 14>Great, thank you Candace, and please to see all of

769
00:52:53.599 --> 00:52:57.400
<v Speaker 14>you here today. So the communica, as Candace mentioned, has

770
00:52:57.440 --> 00:52:59.880
<v Speaker 14>been worked on over a series of months with our

771
00:53:00.039 --> 00:53:04.199
<v Speaker 14>counterparts across the G seven business community. This is months

772
00:53:04.239 --> 00:53:09.960
<v Speaker 14>of process and consultation, negotiation, series of meetings with different

773
00:53:10.079 --> 00:53:14.400
<v Speaker 14>industry groups and sexual representatives, and of course we held

774
00:53:14.400 --> 00:53:16.159
<v Speaker 14>the pen. We had the honor of holding the pen

775
00:53:16.280 --> 00:53:18.400
<v Speaker 14>for Canada this year, but it's on behalf of our

776
00:53:18.840 --> 00:53:22.119
<v Speaker 14>collective of business communities across the G seven nations and

777
00:53:22.360 --> 00:53:23.840
<v Speaker 14>including the European Union.

778
00:53:23.639 --> 00:53:25.760
<v Speaker 6>As well, who has observer status.

779
00:53:26.280 --> 00:53:30.360
<v Speaker 14>The community delivered to well, which will be delivered this

780
00:53:30.440 --> 00:53:33.800
<v Speaker 14>afternoon to government and in preparation for the G seven

781
00:53:33.880 --> 00:53:38.480
<v Speaker 14>Leaders Summit, carries a number of very important framing and

782
00:53:38.639 --> 00:53:42.320
<v Speaker 14>priorities from the business community to the leaders of the

783
00:53:42.400 --> 00:53:47.639
<v Speaker 14>G seven, including an emphasis on the importance of efficient

784
00:53:48.000 --> 00:53:52.039
<v Speaker 14>and predictable world trade and the systems that underline that

785
00:53:52.280 --> 00:53:57.960
<v Speaker 14>trade system. An emphasis on a clean and secure energy future,

786
00:53:58.400 --> 00:54:02.159
<v Speaker 14>looking at the incredible need for energy across all facets

787
00:54:02.199 --> 00:54:04.840
<v Speaker 14>of our economies right now and how we build that

788
00:54:05.320 --> 00:54:11.079
<v Speaker 14>in a transformative way, with reliability, with security, with sustainability

789
00:54:11.360 --> 00:54:16.039
<v Speaker 14>and affordability as fundamentals to that energy need. We also

790
00:54:16.159 --> 00:54:20.639
<v Speaker 14>looked at responsible artificial intelligence and digital and the need

791
00:54:20.800 --> 00:54:23.400
<v Speaker 14>and the opportunity for the G seven in particular to

792
00:54:23.559 --> 00:54:27.159
<v Speaker 14>lead the world in this emerging and innovative space. And

793
00:54:27.280 --> 00:54:31.960
<v Speaker 14>we put particular emphasis into critical minerals sector and how

794
00:54:32.159 --> 00:54:35.960
<v Speaker 14>Canada has a unique role and a unique opportunity to

795
00:54:36.000 --> 00:54:38.519
<v Speaker 14>provide the world with many of the critical minerals and

796
00:54:38.639 --> 00:54:43.159
<v Speaker 14>materials rare earth metals that are essential for everything from

797
00:54:43.320 --> 00:54:48.920
<v Speaker 14>today's defense needs to new technologies, advanced manufacturing and of

798
00:54:49.039 --> 00:54:53.320
<v Speaker 14>course telecommunications. So we feel that there is an incredible

799
00:54:53.440 --> 00:54:58.000
<v Speaker 14>richness to the conversation here to the consensus document from

800
00:54:58.039 --> 00:55:00.880
<v Speaker 14>the business community that is being presented G seven meters

801
00:55:01.199 --> 00:55:03.920
<v Speaker 14>in the hopes that at this time, as we all know,

802
00:55:04.480 --> 00:55:08.599
<v Speaker 14>the economy is the emphasis is the priority, and we

803
00:55:08.719 --> 00:55:10.679
<v Speaker 14>think we have a lot to contribute to that conversation.

804
00:55:12.119 --> 00:55:13.280
<v Speaker 6>How important is it to have.

805
00:55:13.320 --> 00:55:16.760
<v Speaker 17>A unified communicate at the G seven Finance Minister Central

806
00:55:16.800 --> 00:55:21.760
<v Speaker 17>Bank meeting, unified especially on the topic of trade or conversely,

807
00:55:21.800 --> 00:55:24.920
<v Speaker 17>are you afraid of of, you know, separate communicates or

808
00:55:25.039 --> 00:55:27.559
<v Speaker 17>a monopole agreement on that matters.

809
00:55:27.599 --> 00:55:29.519
<v Speaker 3>Regarding the global accormy.

810
00:55:32.719 --> 00:55:37.079
<v Speaker 8>I think that and we've talked about the importance many

811
00:55:37.239 --> 00:55:40.760
<v Speaker 8>times over the last few days, the criticality in this

812
00:55:40.960 --> 00:55:47.119
<v Speaker 8>moment more than ever about the multilateral collaboration. And when

813
00:55:47.159 --> 00:55:51.679
<v Speaker 8>we looked at this document and worked with our business

814
00:55:52.559 --> 00:55:57.199
<v Speaker 8>Group of seven leaders, you know, we we tackled tough

815
00:55:57.320 --> 00:56:00.679
<v Speaker 8>discussions and we made it safe to dive into good

816
00:56:00.840 --> 00:56:03.920
<v Speaker 8>areas that needed good discussion, and that's been a bit

817
00:56:03.960 --> 00:56:06.320
<v Speaker 8>of a theme I would say out of the B

818
00:56:06.559 --> 00:56:10.920
<v Speaker 8>seven summit is that we can't turn away from tough discussions,

819
00:56:11.000 --> 00:56:13.559
<v Speaker 8>because that's part of what led us to this moment,

820
00:56:14.079 --> 00:56:18.760
<v Speaker 8>is that we haven't directly tackled the courageous conversations to

821
00:56:19.239 --> 00:56:23.760
<v Speaker 8>address deep grievances and irritants in trade that we're hearing

822
00:56:23.840 --> 00:56:26.840
<v Speaker 8>so much about now. And I think in absence of

823
00:56:26.920 --> 00:56:31.199
<v Speaker 8>those courageous conversations and tackling things head on, the adaptation

824
00:56:31.519 --> 00:56:36.239
<v Speaker 8>has been more disappointedly, a lean towards protectionist tendencies. And

825
00:56:36.519 --> 00:56:39.400
<v Speaker 8>what we've been very clear about and I think taken

826
00:56:39.480 --> 00:56:43.719
<v Speaker 8>a very steadfast approach on as the leaders in the

827
00:56:43.760 --> 00:56:48.239
<v Speaker 8>Business Group of Seven is that we are not denying

828
00:56:48.480 --> 00:56:51.880
<v Speaker 8>the need for change or defending the status quo, but

829
00:56:52.039 --> 00:56:53.559
<v Speaker 8>we are steadfast.

830
00:56:53.039 --> 00:56:55.920
<v Speaker 11>In our promotion of multilateral collaboration.

831
00:56:56.400 --> 00:57:01.400
<v Speaker 8>And as my colleague Matt Holmes said, the consensus in

832
00:57:01.639 --> 00:57:05.280
<v Speaker 8>the framing of both the challenges and solutions in our

833
00:57:05.360 --> 00:57:08.280
<v Speaker 8>communication should help inform those G seven discussions. A lot

834
00:57:08.320 --> 00:57:11.480
<v Speaker 8>of the discussion this morning has been about trust, and

835
00:57:11.800 --> 00:57:13.239
<v Speaker 8>it seems like it.

836
00:57:13.440 --> 00:57:17.000
<v Speaker 7>Reflects the fact that this push for multilateralism is at

837
00:57:17.039 --> 00:57:19.039
<v Speaker 7>odds with the lack of trust that.

838
00:57:19.119 --> 00:57:20.920
<v Speaker 2>Is fueled where we are today. Can you talk a

839
00:57:20.920 --> 00:57:22.679
<v Speaker 2>little bit about why that this has been the theme

840
00:57:23.719 --> 00:57:24.840
<v Speaker 2>of today's meeting.

841
00:57:24.719 --> 00:57:27.800
<v Speaker 11>And what the solution is in your yes, I love

842
00:57:27.880 --> 00:57:29.039
<v Speaker 11>the trust question. Thank you.

843
00:57:30.440 --> 00:57:34.960
<v Speaker 8>We built into our agenda a good exploration of what

844
00:57:35.199 --> 00:57:38.960
<v Speaker 8>is happening when we look at trust globally and for me,

845
00:57:39.360 --> 00:57:41.440
<v Speaker 8>you know, working in business, we've been looking at this

846
00:57:41.800 --> 00:57:45.880
<v Speaker 8>for years and looking at you could see the trends

847
00:57:46.119 --> 00:57:52.480
<v Speaker 8>in trust and the decline of people trusting in institutions,

848
00:57:52.760 --> 00:57:57.840
<v Speaker 8>and I think, again, not not tackling the grievances that

849
00:57:58.360 --> 00:58:02.239
<v Speaker 8>people were raising or what they're talking about in an economy,

850
00:58:02.559 --> 00:58:05.239
<v Speaker 8>or that's not working for them at the individual level,

851
00:58:05.800 --> 00:58:08.559
<v Speaker 8>and so as we tackle both at the Business seven,

852
00:58:08.920 --> 00:58:11.440
<v Speaker 8>and I hope as we lead into the G seven,

853
00:58:11.480 --> 00:58:14.679
<v Speaker 8>it's really important to bring together both a social and

854
00:58:14.800 --> 00:58:19.519
<v Speaker 8>economic context and see how those are connected in order

855
00:58:19.639 --> 00:58:24.000
<v Speaker 8>to frame up solutions moving forward and build an economy

856
00:58:24.079 --> 00:58:25.000
<v Speaker 8>that works for everyone.

857
00:58:25.280 --> 00:58:27.800
<v Speaker 18>I'd like to ask you about Nikki Haley's comments that's

858
00:58:27.920 --> 00:58:33.280
<v Speaker 18>how much when she talks about antidi uh, her personance

859
00:58:33.360 --> 00:58:35.840
<v Speaker 18>on that and as a Republican, as a Home governor,

860
00:58:35.920 --> 00:58:39.199
<v Speaker 18>as someone who has been part of the former Trunk administration.

861
00:58:40.239 --> 00:58:45.320
<v Speaker 13>How will Canadian, European and other G seven countries other

862
00:58:46.239 --> 00:58:50.119
<v Speaker 13>than the US to do business in America, to do

863
00:58:50.280 --> 00:58:54.639
<v Speaker 13>business with the Americants will companies other than Americans, How

864
00:58:55.599 --> 00:59:01.639
<v Speaker 13>how to align their policies there their diversity policies with

865
00:59:01.800 --> 00:59:03.079
<v Speaker 13>the US to get busys.

866
00:59:04.679 --> 00:59:08.280
<v Speaker 8>What we heard from Nikki most clearly Nikki Haley this

867
00:59:08.440 --> 00:59:11.639
<v Speaker 8>morning on the topic of trust is that we need

868
00:59:11.800 --> 00:59:14.880
<v Speaker 8>to listen to consumers and what they're telling us. And

869
00:59:15.000 --> 00:59:17.199
<v Speaker 8>that's what we focused on in that discussion with the

870
00:59:17.280 --> 00:59:19.840
<v Speaker 8>Trust panel, is we can't ignore out of the equation

871
00:59:20.760 --> 00:59:25.360
<v Speaker 8>what we're clearly hearing from from people in multiple countries.

872
00:59:25.480 --> 00:59:31.159
<v Speaker 8>The Global Edaman Trust Barometer gives us data over thirty

873
00:59:31.239 --> 00:59:34.360
<v Speaker 8>thousand people from twenty eight countries, and there are trends

874
00:59:34.440 --> 00:59:37.360
<v Speaker 8>and themes in there that we have to reflect on

875
00:59:37.719 --> 00:59:41.480
<v Speaker 8>and digest. And Nikki Haley's comments where we have to

876
00:59:41.599 --> 00:59:45.320
<v Speaker 8>listen to that we have to listen clearly she's I

877
00:59:45.360 --> 00:59:47.920
<v Speaker 8>think she used the word consumers. I use constituents and

878
00:59:48.000 --> 00:59:52.760
<v Speaker 8>our stakeholders, and make sure that as we tackle the

879
00:59:53.199 --> 00:59:58.400
<v Speaker 8>tough task of solutioning around key issues in our communicat

880
00:59:58.480 --> 01:00:02.679
<v Speaker 8>we frame up the ENTER discussion, the AI discussion, having

881
01:00:02.760 --> 01:00:07.119
<v Speaker 8>trust in AI and making sure ultimately we're building that

882
01:00:07.320 --> 01:00:11.280
<v Speaker 8>economic security and resilience for everybody that has to be

883
01:00:11.360 --> 01:00:15.239
<v Speaker 8>built in a way where we bring people along for

884
01:00:15.440 --> 01:00:18.199
<v Speaker 8>that journey. And I think what we talked about this

885
01:00:18.360 --> 01:00:21.280
<v Speaker 8>morning is we've skipped over or we've left a gap,

886
01:00:21.519 --> 01:00:25.719
<v Speaker 8>and we have institutions like business and government working on things,

887
01:00:25.840 --> 01:00:30.400
<v Speaker 8>but we can't leave workers and the individual people out

888
01:00:30.440 --> 01:00:33.960
<v Speaker 8>of those discussions, and we have to understand what's been

889
01:00:34.039 --> 01:00:37.880
<v Speaker 8>happening for them even as we tackle really tough discussions

890
01:00:38.119 --> 01:00:42.239
<v Speaker 8>that are very polarizing today like inclusion. And I have

891
01:00:42.400 --> 01:00:44.519
<v Speaker 8>done a lot of work on inclusion in my career,

892
01:00:44.679 --> 01:00:47.800
<v Speaker 8>and I understand the need that when we're talking about

893
01:00:47.920 --> 01:00:51.320
<v Speaker 8>depolicy and inclusion, we have to have the courage to

894
01:00:51.400 --> 01:00:55.920
<v Speaker 8>bring everybody along for that discussion. And that means in

895
01:00:56.079 --> 01:01:00.519
<v Speaker 8>my career, I've done a lot of work on gender quality,

896
01:01:00.960 --> 01:01:03.400
<v Speaker 8>and I've said for far too long, we have to

897
01:01:03.440 --> 01:01:05.679
<v Speaker 8>make sure we're not leaving men out of the questions

898
01:01:05.840 --> 01:01:08.920
<v Speaker 8>we're asking and the solutions we need to frame on

899
01:01:09.119 --> 01:01:10.039
<v Speaker 8>gender equality.

900
01:01:10.280 --> 01:01:13.039
<v Speaker 11>So I hope that answers your question.

901
01:01:15.000 --> 01:01:15.239
<v Speaker 8>Nicki.

902
01:01:15.280 --> 01:01:18.119
<v Speaker 15>Kelly also said that this morning that the US terra situations,

903
01:01:18.199 --> 01:01:20.519
<v Speaker 15>businesses need to be quote open minded and flexible and

904
01:01:20.519 --> 01:01:21.639
<v Speaker 15>that this too shall pass.

905
01:01:21.679 --> 01:01:24.159
<v Speaker 13>What message do you think that sends to Canadian business managers?

906
01:01:24.639 --> 01:01:28.079
<v Speaker 8>I think the message was clear that she added to

907
01:01:28.199 --> 01:01:31.199
<v Speaker 8>that the US is interested in doing business and to

908
01:01:31.320 --> 01:01:35.280
<v Speaker 8>not misread what we see in a strategy and tactics

909
01:01:35.480 --> 01:01:39.280
<v Speaker 8>as as a turning away from wanting to do business

910
01:01:39.440 --> 01:01:41.159
<v Speaker 8>with many valued partners.

911
01:01:41.599 --> 01:01:44.719
<v Speaker 9>Hanna did turn away from the US from Canada, though, sorry,

912
01:01:44.840 --> 01:01:46.920
<v Speaker 9>are there shifting some productions through Ohio Kids?

913
01:01:46.960 --> 01:01:49.239
<v Speaker 7>So are we already seeing some sort of irreversible economic

914
01:01:49.320 --> 01:01:49.719
<v Speaker 7>damage in.

915
01:01:49.719 --> 01:01:51.239
<v Speaker 9>Canada from this US terraff situation?

916
01:01:51.920 --> 01:01:54.239
<v Speaker 11>We're seeing a ton of damage from this situation.

917
01:01:54.760 --> 01:01:58.480
<v Speaker 8>There is I would say initially, you know, any threat

918
01:01:58.519 --> 01:02:01.119
<v Speaker 8>of tariffs provides a chill over business.

919
01:02:00.960 --> 01:02:03.559
<v Speaker 11>And now I know we've gone from a chill to

920
01:02:03.679 --> 01:02:04.599
<v Speaker 11>a complete freeze.

921
01:02:04.960 --> 01:02:09.000
<v Speaker 8>Our businesses are not only struggling with decisions, whether it's

922
01:02:09.039 --> 01:02:14.000
<v Speaker 8>on projects or longer term investment decisions. But even if

923
01:02:14.000 --> 01:02:17.320
<v Speaker 8>you're not directly as a business as close to those

924
01:02:17.480 --> 01:02:21.599
<v Speaker 8>now real impacts on terrace, all businesses are worried about

925
01:02:21.800 --> 01:02:25.280
<v Speaker 8>the chill that consumers and their customers, whether you're in

926
01:02:25.360 --> 01:02:28.400
<v Speaker 8>the goods or services business, and trying to plan for

927
01:02:28.679 --> 01:02:32.000
<v Speaker 8>where Where does that leave a company at the end

928
01:02:32.039 --> 01:02:34.400
<v Speaker 8>of the day in their next few quarters if we

929
01:02:34.519 --> 01:02:38.400
<v Speaker 8>see that shift in consumer behavior based on the anxiety

930
01:02:38.480 --> 01:02:39.920
<v Speaker 8>the whole situation provides.

931
01:02:40.119 --> 01:02:41.679
<v Speaker 9>But is that damage irreversible?

932
01:02:43.719 --> 01:02:45.199
<v Speaker 11>You know businesses are are.

933
01:02:46.920 --> 01:02:49.480
<v Speaker 8>If it's irreversible, like you mean, we wouldn't see the

934
01:02:50.039 --> 01:02:52.480
<v Speaker 8>movement of production come back.

935
01:02:53.440 --> 01:02:56.320
<v Speaker 11>Is that can can yeah back economically from this?

936
01:02:56.519 --> 01:02:58.840
<v Speaker 9>Is our business reputation irreversibly damaged?

937
01:02:59.039 --> 01:02:59.880
<v Speaker 18>Is the damage.

938
01:02:59.599 --> 01:03:01.199
<v Speaker 2>Reys of dressed?

939
01:03:01.719 --> 01:03:02.639
<v Speaker 11>Too early to tell?

940
01:03:03.360 --> 01:03:07.840
<v Speaker 9>What's your message to Ambassador Fixture just here speaking on

941
01:03:07.920 --> 01:03:09.960
<v Speaker 9>behalf of the US. You just talk about the need

942
01:03:10.119 --> 01:03:15.360
<v Speaker 9>for more efficiency and predictability and trade and many arguing

943
01:03:15.559 --> 01:03:17.920
<v Speaker 9>to the the US that's made that more difficult. So

944
01:03:18.000 --> 01:03:20.159
<v Speaker 9>what's your message to him and to US leaders right

945
01:03:20.199 --> 01:03:24.239
<v Speaker 9>now or how to free back that intuition, see your predictability,

946
01:03:24.360 --> 01:03:24.840
<v Speaker 9>or what needs to.

947
01:03:25.039 --> 01:03:26.119
<v Speaker 11>To change in this moment.

948
01:03:26.920 --> 01:03:30.679
<v Speaker 8>Well, it's been absolutely wonderful to have our ambassador hit

949
01:03:30.760 --> 01:03:34.480
<v Speaker 8>the ground running and and be here because that role

950
01:03:34.639 --> 01:03:39.440
<v Speaker 8>provides a critical link, and right now a critical link

951
01:03:40.079 --> 01:03:43.760
<v Speaker 8>between Canada and the US is more important than ever

952
01:03:44.039 --> 01:03:46.800
<v Speaker 8>to As we've discussed, the Inveassador and I've had really

953
01:03:46.840 --> 01:03:52.400
<v Speaker 8>good discussions on making sure we understand the needs and

954
01:03:52.519 --> 01:03:56.480
<v Speaker 8>wants and motivations of the US administration and that channel

955
01:03:56.519 --> 01:04:01.159
<v Speaker 8>and those conversations are really important. And I will say,

956
01:04:01.519 --> 01:04:05.920
<v Speaker 8>as I've said to the Ambassador, it's very helpful for Canadians,

957
01:04:06.000 --> 01:04:10.920
<v Speaker 8>Canadian business leaders, Canadian policy leaders to sort through noise

958
01:04:10.960 --> 01:04:14.280
<v Speaker 8>from signal, and that's very helpful as we need to

959
01:04:15.480 --> 01:04:19.599
<v Speaker 8>now turn into deeper discussions on our relationship going forward.

960
01:04:19.960 --> 01:04:22.599
<v Speaker 16>What should be the main message that overatching message that

961
01:04:22.599 --> 01:04:25.119
<v Speaker 16>should come out from the G seven leaders meeting which

962
01:04:25.239 --> 01:04:27.880
<v Speaker 16>can actually give us You'll give a signal that the

963
01:04:27.920 --> 01:04:30.280
<v Speaker 16>g SEV is still relevant at a time when US

964
01:04:30.360 --> 01:04:31.559
<v Speaker 16>is actually completely.

965
01:04:31.159 --> 01:04:35.320
<v Speaker 8>On a diverging part, I would say hope and bringing

966
01:04:35.400 --> 01:04:38.000
<v Speaker 8>that back to the theme of trust we heard this morning,

967
01:04:39.079 --> 01:04:43.000
<v Speaker 8>where we know we have deep grievances and anxiety, economic

968
01:04:43.119 --> 01:04:48.199
<v Speaker 8>optimism and hope which stems from probably that strong collaboration.

969
01:04:48.440 --> 01:04:51.719
<v Speaker 8>Multilateral collaboration we hope to see you to the G

970
01:04:51.920 --> 01:04:56.280
<v Speaker 8>seven discussions is so critical and we've done a marvelous

971
01:04:56.360 --> 01:04:58.800
<v Speaker 8>job over the last three days here with the heads

972
01:04:58.800 --> 01:05:04.000
<v Speaker 8>of delegation from business organizations from all the G seven

973
01:05:04.079 --> 01:05:07.280
<v Speaker 8>countries and the EU, and we hope that provides a

974
01:05:07.400 --> 01:05:10.639
<v Speaker 8>really strong springboard from which we can head into those

975
01:05:10.719 --> 01:05:11.760
<v Speaker 8>G seven discussions.

976
01:05:11.800 --> 01:05:15.119
<v Speaker 16>But how can these other countries apart from us, what

977
01:05:15.280 --> 01:05:17.400
<v Speaker 16>can they really do to bring us on the table

978
01:05:17.480 --> 01:05:20.320
<v Speaker 16>on the same page, considering that US is roading back

979
01:05:20.360 --> 01:05:22.280
<v Speaker 16>on climate lading back and a lot of other takes,

980
01:05:22.599 --> 01:05:24.280
<v Speaker 16>So what can they really do to bring them.

981
01:05:24.199 --> 01:05:24.639
<v Speaker 2>On the data.

982
01:05:25.239 --> 01:05:29.199
<v Speaker 8>Well, we in the B seven discussions have been very

983
01:05:29.280 --> 01:05:33.519
<v Speaker 8>thoughtful about this, because if we're going to be very

984
01:05:33.639 --> 01:05:39.920
<v Speaker 8>strong and steadfast about the need for multilateral collaboration, we

985
01:05:40.039 --> 01:05:43.400
<v Speaker 8>really have to be listening and be willing to have

986
01:05:43.599 --> 01:05:48.320
<v Speaker 8>conversations that address grievances, and as we talked about this morning,

987
01:05:48.840 --> 01:05:54.440
<v Speaker 8>as much as we are you know, working to protect

988
01:05:55.480 --> 01:05:59.920
<v Speaker 8>predictable and efficient global trade, we also at the same

989
01:06:00.239 --> 01:06:04.519
<v Speaker 8>time have to be absolutely willing to have the conversation

990
01:06:05.239 --> 01:06:09.440
<v Speaker 8>and acknowledge our global trade has not been perfect and

991
01:06:09.559 --> 01:06:15.519
<v Speaker 8>we have really significant areas to address, including making sure

992
01:06:15.840 --> 01:06:20.639
<v Speaker 8>there are strong dispute resolution processes that work and are

993
01:06:20.679 --> 01:06:22.960
<v Speaker 8>in place in a timely way to address some of

994
01:06:23.079 --> 01:06:25.960
<v Speaker 8>what is not perfect about global trade, and that we

995
01:06:26.199 --> 01:06:33.000
<v Speaker 8>have a strength and a way to align where we

996
01:06:33.119 --> 01:06:36.719
<v Speaker 8>can address the non market practices that are also at

997
01:06:36.760 --> 01:06:38.960
<v Speaker 8>the root of some of what we see today in

998
01:06:39.480 --> 01:06:45.360
<v Speaker 8>a pulling back or taking different strategies and tactics around

999
01:06:45.360 --> 01:06:46.000
<v Speaker 8>global trade.

1000
01:06:46.119 --> 01:06:48.880
<v Speaker 16>And do you think there's a possibility there's a risk

1001
01:06:49.119 --> 01:06:51.280
<v Speaker 16>that the g is they might not be able to

1002
01:06:51.320 --> 01:06:54.000
<v Speaker 16>find a common ground in the G seven communicat finally,

1003
01:06:54.280 --> 01:06:56.840
<v Speaker 16>as we saw in G twenty as well in South Africa.

1004
01:06:57.400 --> 01:07:00.679
<v Speaker 8>Oh, of course, everything is high stakes right now, absolutely,

1005
01:07:01.239 --> 01:07:04.960
<v Speaker 8>and our best hope you haven't asked me the question,

1006
01:07:05.079 --> 01:07:08.360
<v Speaker 8>what is the best hope from the connection for the

1007
01:07:08.480 --> 01:07:11.320
<v Speaker 8>B seven to the G seven. It's that we've provided

1008
01:07:11.360 --> 01:07:15.719
<v Speaker 8>this opportunity for a strong springboard with the consensus on

1009
01:07:16.199 --> 01:07:19.719
<v Speaker 8>what will be a core topic of the G seven,

1010
01:07:20.039 --> 01:07:24.960
<v Speaker 8>the current level of global disruption when it looks at

1011
01:07:25.119 --> 01:07:28.800
<v Speaker 8>trade and who's at the heart of trade. Businesses are

1012
01:07:28.840 --> 01:07:32.159
<v Speaker 8>at the heart of trade, and we've just aligned and

1013
01:07:32.280 --> 01:07:35.679
<v Speaker 8>we have the solidarity and vocabularity on the framing of

1014
01:07:35.840 --> 01:07:40.239
<v Speaker 8>issues and challenges that tackle that head on, and so

1015
01:07:40.639 --> 01:07:43.719
<v Speaker 8>that in our view, would be a wonderful outcome, which

1016
01:07:43.760 --> 01:07:45.920
<v Speaker 8>is where we're headed to later today, is to pass

1017
01:07:46.599 --> 01:07:51.199
<v Speaker 8>our framing of solutions and recommendations that will support those

1018
01:07:51.280 --> 01:07:55.559
<v Speaker 8>G seven discussions. Many last questions, somebody must have one

1019
01:07:55.599 --> 01:07:59.920
<v Speaker 8>for my colleague Max, please, I mean last remarks, sozeable

1020
01:08:00.280 --> 01:08:01.559
<v Speaker 8>to the last remarks.

1021
01:08:02.360 --> 01:08:07.159
<v Speaker 14>I think I just recognize and appreciate that we had

1022
01:08:07.239 --> 01:08:10.960
<v Speaker 14>the new Minister of Finance join us and speak to

1023
01:08:11.840 --> 01:08:15.280
<v Speaker 14>speak to the upcoming Minister's meeting that he'll be convenient

1024
01:08:15.360 --> 01:08:18.000
<v Speaker 14>with the governors of the banks of the G seven

1025
01:08:18.039 --> 01:08:21.560
<v Speaker 14>as well. He spoke quite convincingly of the importance they

1026
01:08:21.640 --> 01:08:25.079
<v Speaker 14>place in hearing from the business community directly. We also

1027
01:08:25.279 --> 01:08:28.199
<v Speaker 14>had the privilege of the Minister of Industry, Melanni Jolie,

1028
01:08:28.239 --> 01:08:31.319
<v Speaker 14>also joining us and speaking with our room and underscoring

1029
01:08:31.399 --> 01:08:37.199
<v Speaker 14>her commitment and the importance she places in this government

1030
01:08:37.199 --> 01:08:40.439
<v Speaker 14>will place and hearing from business directly as well, and

1031
01:08:40.800 --> 01:08:43.079
<v Speaker 14>in a time of change, how they are listening and

1032
01:08:43.159 --> 01:08:45.800
<v Speaker 14>paying attention to some of the concerns and some of

1033
01:08:45.840 --> 01:08:49.159
<v Speaker 14>the needs that we're putting forward to them. And then frankly,

1034
01:08:49.239 --> 01:08:51.640
<v Speaker 14>we were also very pleased to see the new Minister

1035
01:08:51.760 --> 01:08:55.000
<v Speaker 14>of AI and Digital Minister Solomon join us and start

1036
01:08:55.439 --> 01:08:57.359
<v Speaker 14>meeting some of the people and the key players who

1037
01:08:57.399 --> 01:09:00.279
<v Speaker 14>were in the room with us. And lastly, the Government

1038
01:09:00.319 --> 01:09:03.039
<v Speaker 14>House Leader, Stephen McKinnon was also able to join our

1039
01:09:03.079 --> 01:09:05.880
<v Speaker 14>group this week, and so we felt very privileged to

1040
01:09:05.960 --> 01:09:11.560
<v Speaker 14>have such a strong and an important audience with members

1041
01:09:11.600 --> 01:09:13.840
<v Speaker 14>of the new Cabinet on the same week that they've

1042
01:09:13.880 --> 01:09:14.319
<v Speaker 14>been formed.

1043
01:09:14.840 --> 01:09:15.119
<v Speaker 8>Thank you.

1044
01:09:19.680 --> 01:09:22.520
<v Speaker 11>Absolutely, not only.

1045
01:09:29.159 --> 01:09:29.760
<v Speaker 3>So good morning.

1046
01:09:30.039 --> 01:09:32.079
<v Speaker 19>I've been invited to speak here today at the B

1047
01:09:32.239 --> 01:09:35.239
<v Speaker 19>seven Summit because the theme of this year's summit is

1048
01:09:35.399 --> 01:09:40.960
<v Speaker 19>economic security, and in the current extremely complicated geopolitical situation,

1049
01:09:41.319 --> 01:09:45.159
<v Speaker 19>economic security is crucial to global security, and so what

1050
01:09:45.279 --> 01:09:49.319
<v Speaker 19>we really need to muster here is alignment between all

1051
01:09:49.479 --> 01:09:52.720
<v Speaker 19>the businesses, all the companies of the G seven, with

1052
01:09:53.159 --> 01:09:55.479
<v Speaker 19>civil society and the public, and the G seven and

1053
01:09:55.560 --> 01:09:59.000
<v Speaker 19>the governments of the G seven to have unified responses

1054
01:09:59.079 --> 01:10:03.000
<v Speaker 19>to deal with these made challenges. The two key challenges

1055
01:10:03.079 --> 01:10:06.239
<v Speaker 19>that I'm particularly focusing on in my remarks today are

1056
01:10:06.840 --> 01:10:10.399
<v Speaker 19>the China challenge, the Chinese Communist Party and its agenda.

1057
01:10:10.840 --> 01:10:14.000
<v Speaker 19>It's in particular it's support for Russia in its invasion

1058
01:10:14.039 --> 01:10:18.199
<v Speaker 19>of Ukraine. And secondly, of course, the trade tempests that

1059
01:10:18.359 --> 01:10:22.720
<v Speaker 19>we've had from Donald Trump's administration. Both of those are

1060
01:10:23.319 --> 01:10:27.520
<v Speaker 19>driving us through a paradigm shift in geopolitics that has

1061
01:10:27.640 --> 01:10:31.359
<v Speaker 19>huge implications for companies in Canada and around the world,

1062
01:10:31.760 --> 01:10:34.560
<v Speaker 19>and it requires a lot of major adjustments. But I

1063
01:10:34.600 --> 01:10:38.279
<v Speaker 19>think that with strategic approach and really using the business

1064
01:10:38.359 --> 01:10:42.880
<v Speaker 19>community as a ballast in the relationship with the United States,

1065
01:10:43.239 --> 01:10:46.640
<v Speaker 19>we should be able to forge unity among the members

1066
01:10:46.680 --> 01:10:50.039
<v Speaker 19>of the G seven and then to strengthen relations critically

1067
01:10:50.199 --> 01:10:53.760
<v Speaker 19>between the G seven and other major economies that are

1068
01:10:53.800 --> 01:10:57.640
<v Speaker 19>broadly like minded, particularly democracies, but also others that share

1069
01:10:57.680 --> 01:10:59.000
<v Speaker 19>the interests of the G seven.

1070
01:11:00.039 --> 01:11:00.840
<v Speaker 11>I'm concerned that.

1071
01:11:01.039 --> 01:11:06.319
<v Speaker 20>The US it's trade wars will strength in China and

1072
01:11:06.840 --> 01:11:08.279
<v Speaker 20>countries towards.

1073
01:11:08.000 --> 01:11:10.279
<v Speaker 11>China during these uple times.

1074
01:11:10.520 --> 01:11:11.319
<v Speaker 8>What do you think of that?

1075
01:11:11.439 --> 01:11:13.399
<v Speaker 11>Do you agree with that kind of analysis?

1076
01:11:13.920 --> 01:11:16.319
<v Speaker 19>I don't think that's the objective, but I would agree

1077
01:11:16.439 --> 01:11:19.199
<v Speaker 19>that some of the ways that that is being implemented

1078
01:11:19.920 --> 01:11:23.840
<v Speaker 19>could have that consequence. And that's exactly what the business

1079
01:11:23.880 --> 01:11:28.239
<v Speaker 19>community here, which has many common interests among G seven members,

1080
01:11:28.720 --> 01:11:33.600
<v Speaker 19>needs to persuade the American public, the American business community

1081
01:11:33.680 --> 01:11:37.239
<v Speaker 19>that that's not fundamentally in the United States interest. That

1082
01:11:37.439 --> 01:11:41.680
<v Speaker 19>sowing division and bad relations between G seven members is

1083
01:11:41.920 --> 01:11:45.760
<v Speaker 19>exactly what China and Russia and their allies like North

1084
01:11:45.840 --> 01:11:49.760
<v Speaker 19>Korea and Iran want. They want to see the otherwise

1085
01:11:49.880 --> 01:11:54.239
<v Speaker 19>powerful industrial economies of the world divided and squabbling amongst themselves.

1086
01:11:54.680 --> 01:11:58.319
<v Speaker 19>What we need instead is reasonable negotiations on trade disputes

1087
01:11:58.359 --> 01:12:01.319
<v Speaker 19>between those countries to come together there quickly, and then

1088
01:12:01.399 --> 01:12:04.960
<v Speaker 19>ideally the G seven economies, along with other ones, for

1089
01:12:05.079 --> 01:12:08.600
<v Speaker 19>example in the EU and across the CPTPP and the

1090
01:12:08.680 --> 01:12:14.159
<v Speaker 19>Transpecific Partnership, would put similar barriers to trade with China

1091
01:12:14.239 --> 01:12:17.039
<v Speaker 19>across all those economies while lowering them with each other,

1092
01:12:17.520 --> 01:12:23.479
<v Speaker 19>and face China with a relatively united, liberal, democratic aligned

1093
01:12:23.560 --> 01:12:27.960
<v Speaker 19>front of economies to push back against Chinese mercantilist policies

1094
01:12:28.000 --> 01:12:31.640
<v Speaker 19>that are ultimately threatening to hollow out the manufacturing bases

1095
01:12:31.720 --> 01:12:35.560
<v Speaker 19>of these traditional industrial economies. You need that united front.

1096
01:12:35.960 --> 01:12:39.840
<v Speaker 19>By doing that, you can then constrain harmful and menacing

1097
01:12:39.960 --> 01:12:42.920
<v Speaker 19>behavior from China and to some extent from Russia as well.

1098
01:12:43.800 --> 01:12:46.159
<v Speaker 9>What are some comments earlier this morning about maybe one

1099
01:12:46.199 --> 01:12:48.199
<v Speaker 9>of looking back on the failures of.

1100
01:12:48.239 --> 01:12:50.199
<v Speaker 8>The g seven ors of the West, that gas is

1101
01:12:50.279 --> 01:12:54.640
<v Speaker 8>not being able to bring China on the global trading system.

1102
01:12:54.760 --> 01:12:57.239
<v Speaker 19>What do you say is that, I think there was

1103
01:12:57.279 --> 01:12:59.000
<v Speaker 19>a lot of hope that that could happen. But if

1104
01:12:59.039 --> 01:13:01.000
<v Speaker 19>you go back and look at the history, even back

1105
01:13:01.079 --> 01:13:03.239
<v Speaker 19>to the mid nineties, which I've been going back and

1106
01:13:03.319 --> 01:13:06.359
<v Speaker 19>reading now, there were a lot of doubts about that feasibility,

1107
01:13:06.479 --> 01:13:09.960
<v Speaker 19>even before China joined the WTO in two thousand and one.

1108
01:13:10.479 --> 01:13:13.680
<v Speaker 19>The reality is that the trade tempests that we're seeing now,

1109
01:13:13.800 --> 01:13:17.960
<v Speaker 19>all these conflicts are actually the result of a trade

1110
01:13:18.039 --> 01:13:21.239
<v Speaker 19>war that has been going on quietly below the radar

1111
01:13:21.720 --> 01:13:25.119
<v Speaker 19>for twenty five years or thirty years, since China began

1112
01:13:25.199 --> 01:13:27.680
<v Speaker 19>to integrate into the world economy. What people need to

1113
01:13:27.800 --> 01:13:32.359
<v Speaker 19>understand is that a liberal international trading order centered around

1114
01:13:32.439 --> 01:13:35.680
<v Speaker 19>GAD and then the WTO was built up over decades

1115
01:13:35.760 --> 01:13:39.760
<v Speaker 19>after the Second World War, supported by other liberal institutions

1116
01:13:39.840 --> 01:13:43.439
<v Speaker 19>like the United Nations, the Breton Woods Institutions. The challenge

1117
01:13:43.479 --> 01:13:46.319
<v Speaker 19>is that system had never before tried to absorb an

1118
01:13:46.399 --> 01:13:49.720
<v Speaker 19>economy the size of China and an economy the size

1119
01:13:49.760 --> 01:13:53.239
<v Speaker 19>of China that was fundamentally undermining and exploiting and not

1120
01:13:53.439 --> 01:13:56.520
<v Speaker 19>playing by those rules. That is what has driven us

1121
01:13:56.560 --> 01:13:57.319
<v Speaker 19>to this situation.

1122
01:13:57.800 --> 01:13:58.439
<v Speaker 13>And in order to.

1123
01:13:58.479 --> 01:14:02.920
<v Speaker 19>Constrain China's behavior and incentivize it to play more by

1124
01:14:03.079 --> 01:14:05.840
<v Speaker 19>multilateral trading rules to get back to that world that

1125
01:14:05.920 --> 01:14:08.920
<v Speaker 19>we would like to see, we need to take actions

1126
01:14:09.319 --> 01:14:12.880
<v Speaker 19>to restrain Chinese behavior and then also try to bring

1127
01:14:12.960 --> 01:14:16.880
<v Speaker 19>the Trump administration back to a unified allied approach to

1128
01:14:16.960 --> 01:14:17.319
<v Speaker 19>doing that.

1129
01:14:18.680 --> 01:14:21.720
<v Speaker 7>There's some of those to restrain Chinese behavior. Is some

1130
01:14:21.840 --> 01:14:27.399
<v Speaker 7>of that about reducing Canadian trade activity with China. Carnie

1131
01:14:27.520 --> 01:14:30.479
<v Speaker 7>is talking about finding other partners right now? Should we

1132
01:14:30.520 --> 01:14:33.520
<v Speaker 7>steer clear of China potentially even reduce our.

1133
01:14:33.439 --> 01:14:34.319
<v Speaker 3>Trade with China right now?

1134
01:14:35.199 --> 01:14:36.680
<v Speaker 16>What kind of incentives are gus utied?

1135
01:14:37.159 --> 01:14:37.319
<v Speaker 3>Yeah?

1136
01:14:37.399 --> 01:14:39.520
<v Speaker 19>So there, I would say roughly, there are what I'm

1137
01:14:39.560 --> 01:14:42.039
<v Speaker 19>talking about today. There are let's say, to simplify, three

1138
01:14:42.199 --> 01:14:46.119
<v Speaker 19>pillars of that kind of economic security agenda and constrainment

1139
01:14:46.640 --> 01:14:50.359
<v Speaker 19>with China, and one is on the economic security side

1140
01:14:50.560 --> 01:14:56.520
<v Speaker 19>is de risking or strategic decoupling, which is exercised through diversification.

1141
01:14:56.840 --> 01:15:00.800
<v Speaker 19>Rather than the government encouraging and incentivizing businesses to do

1142
01:15:00.960 --> 01:15:05.479
<v Speaker 19>more in China, it's rather applying certain investment screenings on

1143
01:15:05.800 --> 01:15:09.600
<v Speaker 19>Chinese investment in Canada. It's advising Canadian companies and other

1144
01:15:09.720 --> 01:15:13.199
<v Speaker 19>G seven companies about the risks of investing in China

1145
01:15:13.479 --> 01:15:16.680
<v Speaker 19>and making it easier for them. Partnering with businesses to

1146
01:15:16.800 --> 01:15:20.399
<v Speaker 19>smooth the path for more investment in trade between more

1147
01:15:20.560 --> 01:15:23.600
<v Speaker 19>like minded economies, not to have no trade with China,

1148
01:15:23.680 --> 01:15:26.279
<v Speaker 19>but rather to rebalance. Look if you were an investor

1149
01:15:26.680 --> 01:15:29.479
<v Speaker 19>and you were really excited that your portfolio had two

1150
01:15:29.560 --> 01:15:33.039
<v Speaker 19>stocks in it the United States in China, I don't

1151
01:15:33.079 --> 01:15:35.560
<v Speaker 19>think most people would think that's a wise investment strategy.

1152
01:15:35.640 --> 01:15:35.720
<v Speaker 5>Right.

1153
01:15:35.800 --> 01:15:39.560
<v Speaker 19>You need to diversify, so particularly where is a lot

1154
01:15:39.640 --> 01:15:41.159
<v Speaker 19>of the growth. It's not in a lot of the

1155
01:15:41.239 --> 01:15:44.960
<v Speaker 19>older economies, the established industrial ones. It's in the Indo

1156
01:15:45.079 --> 01:15:48.399
<v Speaker 19>Pacific region. So through things like the Indo Pacific Strategy,

1157
01:15:48.880 --> 01:15:51.840
<v Speaker 19>we need to have governments and businesses partnering to drive

1158
01:15:51.960 --> 01:15:55.279
<v Speaker 19>innovation and to open up and smooth the path for

1159
01:15:55.439 --> 01:15:58.119
<v Speaker 19>more investment in trade with those growing markets of the

1160
01:15:58.199 --> 01:16:02.199
<v Speaker 19>Indo Pacific x China. If you take the G seven

1161
01:16:02.239 --> 01:16:05.880
<v Speaker 19>economies and EU and CPTPP together, you've got thirty percent

1162
01:16:05.960 --> 01:16:09.000
<v Speaker 19>of the world economy even without the United States. So

1163
01:16:09.079 --> 01:16:11.359
<v Speaker 19>you need to do a lot of that economic security

1164
01:16:11.439 --> 01:16:17.479
<v Speaker 19>measures on investment to drive trade with trustworthy partners, friendshoring, reshoring,

1165
01:16:17.520 --> 01:16:19.239
<v Speaker 19>whatever buzzword you.

1166
01:16:19.239 --> 01:16:19.800
<v Speaker 3>Want to use.

1167
01:16:20.319 --> 01:16:24.359
<v Speaker 19>That's the idea. It's diversification for security.

1168
01:16:25.680 --> 01:16:29.640
<v Speaker 16>The Communicate talks about very specifically, talks about critical minerals

1169
01:16:29.760 --> 01:16:32.199
<v Speaker 16>and the need for actually but when China is actually

1170
01:16:32.279 --> 01:16:36.119
<v Speaker 16>controlling one most like what seventy seventy of all these

1171
01:16:36.159 --> 01:16:38.239
<v Speaker 16>critical minerals, then how do you really think that they

1172
01:16:38.319 --> 01:16:43.159
<v Speaker 16>can come together and develop critical minerals to actually expand

1173
01:16:43.239 --> 01:16:45.920
<v Speaker 16>that base, bring in more investments and do that because

1174
01:16:45.920 --> 01:16:47.279
<v Speaker 16>it's already been controlled by China.

1175
01:16:47.840 --> 01:16:50.199
<v Speaker 19>It's a great question. Yeah, that's one of the things

1176
01:16:50.239 --> 01:16:53.119
<v Speaker 19>that China has quietly done over the last twenty years, right,

1177
01:16:53.279 --> 01:16:57.840
<v Speaker 19>is develop virtual choke holds or dominance on key supply chains.

1178
01:16:57.920 --> 01:17:01.960
<v Speaker 19>Critical minerals is one. So trying to grab the commanding

1179
01:17:02.039 --> 01:17:05.239
<v Speaker 19>heights of the twenty first century economies through high technology

1180
01:17:06.119 --> 01:17:11.880
<v Speaker 19>electric vehicle manufacturing, drones, batteries, solar panels. China is on

1181
01:17:12.079 --> 01:17:16.119
<v Speaker 19>track to account for about forty percent of global manufacturing.

1182
01:17:17.119 --> 01:17:20.239
<v Speaker 19>That is extraordinary dominance in one country. If the G

1183
01:17:20.439 --> 01:17:23.680
<v Speaker 19>seven lets that continue, what's going to happen if there's

1184
01:17:23.720 --> 01:17:28.359
<v Speaker 19>a conflict and China dominates critical minerals and manufacturing capacity,

1185
01:17:28.640 --> 01:17:31.319
<v Speaker 19>that can't be allowed to continue. So for critical minerals,

1186
01:17:31.359 --> 01:17:34.319
<v Speaker 19>for example, the problem there is that it's expensive to

1187
01:17:34.439 --> 01:17:37.600
<v Speaker 19>process them, it's expensive to extract them, and unless you

1188
01:17:37.800 --> 01:17:41.560
<v Speaker 19>have a reliable market, it's very hard for a private

1189
01:17:41.640 --> 01:17:44.640
<v Speaker 19>sector company to take that risk. That's the strength of

1190
01:17:44.680 --> 01:17:48.079
<v Speaker 19>the Chinese state driven system, right The Chinese government can

1191
01:17:48.239 --> 01:17:51.920
<v Speaker 19>tell state owned enterprises or compelled private sector enterprises to

1192
01:17:52.000 --> 01:17:54.920
<v Speaker 19>do things even if they're not profitable. That's not how

1193
01:17:55.000 --> 01:17:57.640
<v Speaker 19>our market works in the West. So what you need

1194
01:17:57.800 --> 01:18:02.479
<v Speaker 19>is government and private sector partnership to create reliable off take,

1195
01:18:02.640 --> 01:18:05.720
<v Speaker 19>to create an environment in which a Canadian mining company,

1196
01:18:05.840 --> 01:18:10.000
<v Speaker 19>for example, can have confidence that if they invest years

1197
01:18:10.199 --> 01:18:14.119
<v Speaker 19>and millions of dollars in developing critical minerals at the

1198
01:18:14.199 --> 01:18:16.760
<v Speaker 19>mining level, but then also at the processing level, so

1199
01:18:16.880 --> 01:18:19.600
<v Speaker 19>that the Canadian companies move up the value chain, that

1200
01:18:19.680 --> 01:18:22.680
<v Speaker 19>there will be a reliable market for that and then

1201
01:18:22.720 --> 01:18:25.439
<v Speaker 19>you can also drive private sector investment into it if

1202
01:18:25.479 --> 01:18:29.119
<v Speaker 19>the public sector takes that first loss potential to make

1203
01:18:29.159 --> 01:18:31.319
<v Speaker 19>it a more secure investment. That's why we need this

1204
01:18:31.479 --> 01:18:35.119
<v Speaker 19>kind of B seven and G seven alignment and partnership.

1205
01:18:35.439 --> 01:18:38.640
<v Speaker 19>The private sector needs to work closely with the government

1206
01:18:38.720 --> 01:18:41.520
<v Speaker 19>sector and the civil society to ensure that these things

1207
01:18:41.560 --> 01:18:42.520
<v Speaker 19>are done responsible.

1208
01:18:43.199 --> 01:18:45.960
<v Speaker 16>But how can you compete with China when the cost

1209
01:18:46.039 --> 01:18:49.600
<v Speaker 16>of production is very high in say, Germany, France, Canada, anywhere.

1210
01:18:49.640 --> 01:18:52.399
<v Speaker 16>I mean, the biggest cost is labor. Weeber is very

1211
01:18:52.439 --> 01:18:54.560
<v Speaker 16>expensive in all these G seven countries. So how will

1212
01:18:54.600 --> 01:18:56.720
<v Speaker 16>you really compete with China in any case, even in

1213
01:18:56.840 --> 01:18:59.399
<v Speaker 16>eves or critical minerals, mining anything, I.

1214
01:18:59.439 --> 01:19:03.880
<v Speaker 19>Mean for sure, But if cost of labor were with

1215
01:19:04.000 --> 01:19:07.600
<v Speaker 19>the greatest competitive advantage, then Africa and India would have

1216
01:19:07.680 --> 01:19:10.279
<v Speaker 19>a better position against China. Right, But that's not the reality.

1217
01:19:10.720 --> 01:19:13.880
<v Speaker 19>Labor cost is only one element of the equation. Energy

1218
01:19:14.000 --> 01:19:16.399
<v Speaker 19>cost is a huge one, and we have lower energy

1219
01:19:16.479 --> 01:19:20.520
<v Speaker 19>costs in North America than China does, certainly, and cleaner

1220
01:19:20.680 --> 01:19:24.680
<v Speaker 19>energy on average. Right, we have that advantage second through automation, right,

1221
01:19:24.800 --> 01:19:27.600
<v Speaker 19>higher technologies and so on. It's less and less about

1222
01:19:27.680 --> 01:19:31.960
<v Speaker 19>labor China is actually facing rising labor costs as well. Right,

1223
01:19:32.079 --> 01:19:35.079
<v Speaker 19>It's no longer the cheapest place to produce things. That's

1224
01:19:35.199 --> 01:19:37.720
<v Speaker 19>why if you look at, for example, Trump's tariffs, they're

1225
01:19:37.760 --> 01:19:40.800
<v Speaker 19>targeting a number of other countries like Malaysia and Vietnam.

1226
01:19:41.920 --> 01:19:45.680
<v Speaker 19>We're Mexico because China is increasingly routing shipments through them

1227
01:19:45.720 --> 01:19:48.479
<v Speaker 19>to get around trade barriers or moving factories to those

1228
01:19:48.560 --> 01:19:51.319
<v Speaker 19>countries to produce them there with cheaper labor. What it

1229
01:19:51.479 --> 01:19:54.119
<v Speaker 19>is rather is about having a more systematic approach to

1230
01:19:54.279 --> 01:19:59.880
<v Speaker 19>clus terrain, to developing the infrastructure and the supply chain.

1231
01:20:00.079 --> 01:20:03.880
<v Speaker 19>Is that actually create an ecosystem for a vibrant economy.

1232
01:20:04.039 --> 01:20:06.840
<v Speaker 19>Silicon Valley is a classic example in the United States, Right,

1233
01:20:07.119 --> 01:20:09.600
<v Speaker 19>People aren't in Silicon Valley because of low labor costs.

1234
01:20:09.960 --> 01:20:12.119
<v Speaker 19>So it depends on what aspect of the economy you're

1235
01:20:12.119 --> 01:20:14.159
<v Speaker 19>looking at. We're not looking to compete with China on

1236
01:20:14.439 --> 01:20:17.920
<v Speaker 19>low end manufacturing, right, We're looking to compete and ensure

1237
01:20:18.000 --> 01:20:21.640
<v Speaker 19>that things that are critical for the Western defense industrial base,

1238
01:20:21.760 --> 01:20:24.560
<v Speaker 19>for example, that enough of those things are made in

1239
01:20:25.199 --> 01:20:27.600
<v Speaker 19>North America, are made in Europe, or are made in

1240
01:20:27.760 --> 01:20:31.319
<v Speaker 19>partners where it's trustworthy, right, like shipbuilding for example, not

1241
01:20:31.560 --> 01:20:34.399
<v Speaker 19>every product needs to be part of that. It's key

1242
01:20:34.520 --> 01:20:38.640
<v Speaker 19>manufacturing elements and parts of the supply chain, critical minerals,

1243
01:20:38.880 --> 01:20:44.800
<v Speaker 19>critical energy resources, telecommunications, things that are vulnerable to cybersecurity risks.

1244
01:20:45.199 --> 01:20:50.319
<v Speaker 19>Those things need extra communication and cooperation between business and

1245
01:20:50.399 --> 01:20:51.840
<v Speaker 19>governments to manage them properly.

1246
01:20:52.800 --> 01:20:56.680
<v Speaker 2>If any other last questions, Nope, thank you very much

1247
01:20:56.760 --> 01:20:57.439
<v Speaker 2>Michael for coming.

1248
01:20:57.479 --> 01:20:58.399
<v Speaker 3>Christally appreciate yours.

1249
01:20:58.520 --> 01:21:00.840
<v Speaker 19>I would just close of one final point actually that

1250
01:21:00.960 --> 01:21:03.359
<v Speaker 19>the media has a critical role to play because one

1251
01:21:03.359 --> 01:21:05.279
<v Speaker 19>of the other key challenges that the B seven and

1252
01:21:05.399 --> 01:21:11.159
<v Speaker 19>G seven face is information manipulation, right propaganda, disinformation, misinformation

1253
01:21:11.600 --> 01:21:15.520
<v Speaker 19>by hostile government actors, by state actors, and the media

1254
01:21:15.720 --> 01:21:18.800
<v Speaker 19>is a crucial, crucial part of the puzzle for Western

1255
01:21:18.880 --> 01:21:22.600
<v Speaker 19>liberal democracies and free societies in making sure that people

1256
01:21:22.800 --> 01:21:26.039
<v Speaker 19>have true narratives about what's really going on, that they

1257
01:21:26.079 --> 01:21:28.239
<v Speaker 19>have access to the facts, and you can play that

1258
01:21:28.359 --> 01:21:31.640
<v Speaker 19>role in debunking false information that's put out there. So

1259
01:21:31.760 --> 01:21:33.319
<v Speaker 19>thank you, thank you much.

1260
01:21:33.640 --> 01:21:34.279
<v Speaker 3>Much appreciate it.

1261
01:21:35.039 --> 01:21:37.920
<v Speaker 15>Nothing specific to say, folks, if you have questions for

1262
01:21:38.079 --> 01:21:40.399
<v Speaker 15>me about angles or data that you want to ask

1263
01:21:40.479 --> 01:21:44.720
<v Speaker 15>about in relation to what you've been covering over the

1264
01:21:44.800 --> 01:21:49.239
<v Speaker 15>last two days feel free otherwise enjoy your afternoons.

1265
01:21:51.119 --> 01:21:52.119
<v Speaker 17>I ask you questions.

1266
01:21:52.319 --> 01:21:55.560
<v Speaker 9>Sure, actually about some of the remarks that Ambassador Ailey

1267
01:21:55.640 --> 01:21:57.239
<v Speaker 9>had been making about how.

1268
01:21:58.560 --> 01:22:01.680
<v Speaker 5>A lot of safe media trust in the US it's

1269
01:22:01.680 --> 01:22:03.720
<v Speaker 5>stemmed you're related.

1270
01:22:03.479 --> 01:22:06.640
<v Speaker 11>Back to some of the diversity of inclusion.

1271
01:22:08.479 --> 01:22:11.239
<v Speaker 9>Programs that this has had been putting forward, and that

1272
01:22:11.439 --> 01:22:13.479
<v Speaker 9>consumers and people working there didn't want to.

1273
01:22:13.439 --> 01:22:14.239
<v Speaker 17>Be told what to do.

1274
01:22:14.800 --> 01:22:17.159
<v Speaker 7>Is that something that you've put into it, and that

1275
01:22:17.479 --> 01:22:17.960
<v Speaker 7>it could.

1276
01:22:17.920 --> 01:22:20.479
<v Speaker 9>Hurt Soviet Canada and US.

1277
01:22:20.399 --> 01:22:21.479
<v Speaker 2>If not my relationships.

1278
01:22:21.840 --> 01:22:25.079
<v Speaker 20>So it's always been a divisive issue on both sides

1279
01:22:25.079 --> 01:22:29.039
<v Speaker 20>of the border, with the majority of people, at least

1280
01:22:29.039 --> 01:22:31.920
<v Speaker 20>from a Canadian perspective, and maybe a little bit more

1281
01:22:32.000 --> 01:22:36.239
<v Speaker 20>polarized in an American context, being on various ends of

1282
01:22:36.279 --> 01:22:38.720
<v Speaker 20>the spectrum in terms of the amount of passion that

1283
01:22:38.840 --> 01:22:41.159
<v Speaker 20>they had and the amount of attention that they believe.

1284
01:22:41.840 --> 01:22:46.000
<v Speaker 20>A lot of these issues should garner in conflict or

1285
01:22:46.239 --> 01:22:49.680
<v Speaker 20>or against the backdrop of where we're at economically right now.

1286
01:22:49.840 --> 01:22:55.920
<v Speaker 20>So in Canada, for example, that there are some competing tensions.

1287
01:22:56.079 --> 01:22:58.880
<v Speaker 20>Canadians are in a very very anxious place and so

1288
01:22:59.039 --> 01:23:02.159
<v Speaker 20>far as what our economic future is going to look like,

1289
01:23:02.279 --> 01:23:04.960
<v Speaker 20>what that relationship with the United States is going to

1290
01:23:05.000 --> 01:23:07.720
<v Speaker 20>look like, given how tired we are, like nothing that

1291
01:23:07.840 --> 01:23:10.800
<v Speaker 20>you haven't heard before, but that right now, in terms

1292
01:23:10.840 --> 01:23:14.560
<v Speaker 20>of prioritization is taking the first place. It is the

1293
01:23:14.720 --> 01:23:17.760
<v Speaker 20>number one issue for them relative to cost of living

1294
01:23:18.199 --> 01:23:20.520
<v Speaker 20>and performance of the economy. And we all know how

1295
01:23:20.560 --> 01:23:23.920
<v Speaker 20>that's all mixed together and you can't really untangle one

1296
01:23:23.960 --> 01:23:26.840
<v Speaker 20>from the other. So when we think about the so

1297
01:23:27.000 --> 01:23:30.199
<v Speaker 20>called culture wars, or where DEI policy sits in all

1298
01:23:30.279 --> 01:23:32.880
<v Speaker 20>of this, or where pronoun policy sits in all of this,

1299
01:23:33.520 --> 01:23:37.520
<v Speaker 20>it's not something that Canadians broadly have been against. I

1300
01:23:37.560 --> 01:23:41.199
<v Speaker 20>think in general they've been on a spectrum that leans

1301
01:23:41.239 --> 01:23:45.520
<v Speaker 20>about twenty percent incredibly supportive and activists towards seeing those

1302
01:23:45.640 --> 01:23:49.159
<v Speaker 20>kinds of policies with you again, a good chunk of

1303
01:23:49.199 --> 01:23:51.399
<v Speaker 20>the country kind of trailing along going it feels like

1304
01:23:51.479 --> 01:23:54.840
<v Speaker 20>a good idea, But when when you're dealing with competing

1305
01:23:55.000 --> 01:23:59.359
<v Speaker 20>tensions and competing challenges, I think we've seen a bit

1306
01:23:59.399 --> 01:24:04.239
<v Speaker 20>of a pivot to more practical priorities, and so as

1307
01:24:04.479 --> 01:24:09.840
<v Speaker 20>Canadian businesses maybe are starting to at least react to

1308
01:24:10.000 --> 01:24:12.880
<v Speaker 20>what they're hearing out of politicians in the US, they

1309
01:24:12.960 --> 01:24:16.239
<v Speaker 20>may not agree, but they're certainly weighing up the well,

1310
01:24:16.880 --> 01:24:18.880
<v Speaker 20>how much do I want to take the risk of

1311
01:24:18.960 --> 01:24:22.439
<v Speaker 20>what this is going to cost me relative to how

1312
01:24:22.520 --> 01:24:24.840
<v Speaker 20>much do I want to take the risk of alienating

1313
01:24:25.039 --> 01:24:28.520
<v Speaker 20>a consumer base or a public or a public base

1314
01:24:28.560 --> 01:24:30.319
<v Speaker 20>that may not be happy with what I'm doing and

1315
01:24:30.439 --> 01:24:34.359
<v Speaker 20>may speak up about that, but also likely recognizes that

1316
01:24:34.680 --> 01:24:38.920
<v Speaker 20>we are in a fairly a fairly stripped down place

1317
01:24:39.000 --> 01:24:40.000
<v Speaker 20>in terms of priorities.

1318
01:24:41.439 --> 01:24:44.800
<v Speaker 9>Is there a risk then of alienating some of those

1319
01:24:44.920 --> 01:24:48.279
<v Speaker 9>maybe as you might support those policies in order to

1320
01:24:48.760 --> 01:24:51.439
<v Speaker 9>get that benefit from the US A.

1321
01:24:51.479 --> 01:24:52.000
<v Speaker 2>Side of them.

1322
01:24:52.199 --> 01:24:56.520
<v Speaker 20>Sure, I mean this isn't Decisions like this are rarely clean.

1323
01:24:57.159 --> 01:24:59.600
<v Speaker 20>Of course, there will be or there has There is

1324
01:24:59.680 --> 01:25:01.840
<v Speaker 20>the ris risk of pushback. There's always going to be

1325
01:25:01.880 --> 01:25:04.319
<v Speaker 20>the risk of pushback when you look at the communities

1326
01:25:04.319 --> 01:25:07.960
<v Speaker 20>who have fought so hard to go into the boardrooms

1327
01:25:08.000 --> 01:25:10.600
<v Speaker 20>of Canadian companies and say, you know, these are the

1328
01:25:10.680 --> 01:25:13.239
<v Speaker 20>things that you need to pay attention to. We've seen

1329
01:25:13.359 --> 01:25:15.960
<v Speaker 20>a lot of coverage and a lot of voices speak

1330
01:25:16.039 --> 01:25:19.039
<v Speaker 20>to how disappointed they are to see some of the

1331
01:25:19.199 --> 01:25:25.720
<v Speaker 20>backsliding in those areas. But you know, at the same time, businesses, politicians,

1332
01:25:25.800 --> 01:25:29.039
<v Speaker 20>governments are going to make decisions that they think are

1333
01:25:29.119 --> 01:25:33.960
<v Speaker 20>going to be palatable to enough people enough number of times,

1334
01:25:34.479 --> 01:25:38.119
<v Speaker 20>in order to focus on the priorities that right now today,

1335
01:25:38.279 --> 01:25:42.000
<v Speaker 20>in June twenty in May twenty twenty five, Canadians are

1336
01:25:42.039 --> 01:25:46.279
<v Speaker 20>signaling they're more concerned about right so everything exists within

1337
01:25:46.399 --> 01:25:49.920
<v Speaker 20>a continuum of priorities. It's the same way we've seen

1338
01:25:50.039 --> 01:25:53.239
<v Speaker 20>and heard a lot from activists on the climate file.

1339
01:25:53.399 --> 01:25:55.960
<v Speaker 20>And people aren't talking about climate change anymore. They're not

1340
01:25:56.079 --> 01:26:00.439
<v Speaker 20>talking about issues around environmental protection and carbon emissions reductions.

1341
01:26:00.720 --> 01:26:05.319
<v Speaker 20>And it's in part because that issue broadly across the country.

1342
01:26:05.560 --> 01:26:08.079
<v Speaker 20>It's not like people don't care about it, but in

1343
01:26:08.279 --> 01:26:11.399
<v Speaker 20>that in that continuum of priorities, it's not at the

1344
01:26:11.479 --> 01:26:12.119
<v Speaker 20>top anymore.

1345
01:26:12.800 --> 01:26:18.199
<v Speaker 9>What have you seen about where that DEI stands on

1346
01:26:18.279 --> 01:26:21.479
<v Speaker 9>the lines of comunians and also for businesses as they.

1347
01:26:21.479 --> 01:26:24.600
<v Speaker 20>Make these decisions. I mean, we did some work in

1348
01:26:24.960 --> 01:26:28.560
<v Speaker 20>late twenty twenty three looking at a number of issues

1349
01:26:28.760 --> 01:26:33.920
<v Speaker 20>like these, and again what you find it's not we're

1350
01:26:34.000 --> 01:26:37.399
<v Speaker 20>not as polarized and divided as the United States on

1351
01:26:37.520 --> 01:26:41.159
<v Speaker 20>these issues. The level of passionate intensity on these issues

1352
01:26:41.479 --> 01:26:43.680
<v Speaker 20>is not nearly as hot as it is south of

1353
01:26:43.760 --> 01:26:48.680
<v Speaker 20>the border where the conversations become really binary. It's like

1354
01:26:49.079 --> 01:26:51.680
<v Speaker 20>you're either on one side or you're on the other side.

1355
01:26:52.119 --> 01:26:54.880
<v Speaker 20>In Canada, you've got you know, about a fifth of

1356
01:26:54.960 --> 01:27:00.239
<v Speaker 20>the population that's very pro, very activist, very much like

1357
01:27:00.439 --> 01:27:05.039
<v Speaker 20>passionately in support of DEI policies, pronoun policies, these types

1358
01:27:05.079 --> 01:27:08.039
<v Speaker 20>of policies. You've got about twenty percent who are as

1359
01:27:08.199 --> 01:27:10.920
<v Speaker 20>passionately against, and you've got the rest of us in

1360
01:27:11.000 --> 01:27:15.640
<v Speaker 20>the middle with pretty nuanced views saying in general, yes,

1361
01:27:15.760 --> 01:27:20.079
<v Speaker 20>we're supportive, but is this from a political standpoint or

1362
01:27:20.119 --> 01:27:24.600
<v Speaker 20>a policy standpoint or a trade risk standpoint? The issue

1363
01:27:25.000 --> 01:27:26.600
<v Speaker 20>that you know, is this the hill we want to

1364
01:27:26.640 --> 01:27:26.920
<v Speaker 20>die on?

1365
01:27:29.119 --> 01:27:30.279
<v Speaker 18>Thanks taking questions about.

1366
01:27:30.159 --> 01:27:33.119
<v Speaker 2>Yeah, but we're hearing, you know, a tone.

1367
01:27:32.960 --> 01:27:34.840
<v Speaker 7>From the United States that says, you know, things may

1368
01:27:34.880 --> 01:27:36.640
<v Speaker 7>be really bad now, but they'll get better later.

1369
01:27:37.039 --> 01:27:39.600
<v Speaker 11>How do you think that's resonating with business leaders?

1370
01:27:39.600 --> 01:27:40.560
<v Speaker 9>Are Canadians in general?

1371
01:27:41.039 --> 01:27:43.359
<v Speaker 20>Canadians are kind of tired of being, you know, put

1372
01:27:43.439 --> 01:27:46.680
<v Speaker 20>through the cheese grater of US Canada relations. It's been

1373
01:27:46.760 --> 01:27:51.960
<v Speaker 20>a very it's been a very emotionally ringing period for Canadians.

1374
01:27:53.319 --> 01:27:56.279
<v Speaker 20>I think, you know, we kind of forget in Canada

1375
01:27:56.880 --> 01:27:59.239
<v Speaker 20>or or perhaps and I don't taken for granted.

1376
01:27:59.399 --> 01:28:00.840
<v Speaker 11>Maybe sounds a bit judgy.

1377
01:28:00.680 --> 01:28:04.680
<v Speaker 20>But you know, we are a nation whose sovereignty has

1378
01:28:04.920 --> 01:28:10.319
<v Speaker 20>never been tested, It's never been in question. The security

1379
01:28:10.399 --> 01:28:13.960
<v Speaker 20>of our borders and our existence has never been in question.

1380
01:28:14.520 --> 01:28:18.319
<v Speaker 20>Compare that to countries in Asia and Africa and Latin

1381
01:28:18.319 --> 01:28:21.840
<v Speaker 20>America and Europe who have been through these types of

1382
01:28:22.119 --> 01:28:27.560
<v Speaker 20>crises maybe generations go, maybe much more recently, but the

1383
01:28:28.439 --> 01:28:32.800
<v Speaker 20>collective societal trauma or the memory of that trauma is there.

1384
01:28:33.680 --> 01:28:36.079
<v Speaker 20>We went from being a country that thought that the

1385
01:28:36.239 --> 01:28:39.960
<v Speaker 20>US president was simply trolling or being himself when he

1386
01:28:40.079 --> 01:28:43.359
<v Speaker 20>talked about a fifty first state to taking it deadly seriously.

1387
01:28:44.000 --> 01:28:48.720
<v Speaker 20>So you know, where where are Canadians on the issue

1388
01:28:48.800 --> 01:28:53.279
<v Speaker 20>of repairing Canada US relations. You know, they're of a

1389
01:28:53.359 --> 01:28:56.840
<v Speaker 20>view that this is not a fight that Canadians picked.

1390
01:28:57.279 --> 01:28:59.600
<v Speaker 20>This is a fight that they would like to see resolved.

1391
01:29:00.079 --> 01:29:02.760
<v Speaker 20>But in terms of that level of like what it's

1392
01:29:02.880 --> 01:29:06.119
<v Speaker 20>done to their psyche, you know, it's left Canada and

1393
01:29:06.239 --> 01:29:10.560
<v Speaker 20>Canadians shaken, for sure, so shaken that it completely changed

1394
01:29:10.640 --> 01:29:14.720
<v Speaker 20>the trajectory of the last election in ways that nobody

1395
01:29:14.800 --> 01:29:17.640
<v Speaker 20>saw coming, even eight months ago when you were speaking

1396
01:29:17.680 --> 01:29:21.079
<v Speaker 20>about Canadians having a level of economic anxiety. We saw

1397
01:29:21.199 --> 01:29:24.479
<v Speaker 20>Nicki Hailey and there talk about you know this too,

1398
01:29:24.560 --> 01:29:25.720
<v Speaker 20>shall pass say.

1399
01:29:26.079 --> 01:29:30.079
<v Speaker 10>A similar nature to the president's specifically, how do you think.

1400
01:29:30.039 --> 01:29:32.600
<v Speaker 9>That message lands with Canadian business leaders in terms of

1401
01:29:32.640 --> 01:29:33.960
<v Speaker 9>their economic anxiety right now?

1402
01:29:34.319 --> 01:29:35.079
<v Speaker 7>Is at the right home?

1403
01:29:35.960 --> 01:29:36.119
<v Speaker 12>Yeah?

1404
01:29:36.159 --> 01:29:37.920
<v Speaker 20>I want to be careful what I say because I

1405
01:29:38.319 --> 01:29:41.079
<v Speaker 20>like to root what I'm saying in data, as you know,

1406
01:29:41.319 --> 01:29:43.399
<v Speaker 20>and it's been a while since I've talked to Canadian

1407
01:29:43.439 --> 01:29:46.479
<v Speaker 20>business leaders and the aggregate to actually give you scientific

1408
01:29:46.600 --> 01:29:48.720
<v Speaker 20>data around that. But I think you're hearing it from

1409
01:29:48.800 --> 01:29:54.359
<v Speaker 20>the business leaders. Look, business in general abhores anxiety and uncertainty,

1410
01:29:54.760 --> 01:29:57.720
<v Speaker 20>and so it's not just Canadian consumers who are spooked,

1411
01:29:57.840 --> 01:30:01.439
<v Speaker 20>and they are spooked. It's really hard then for Canadian

1412
01:30:01.479 --> 01:30:04.720
<v Speaker 20>business leaders to plan in the face of not knowing

1413
01:30:04.800 --> 01:30:07.920
<v Speaker 20>what message is going to come next week, and what

1414
01:30:08.079 --> 01:30:10.279
<v Speaker 20>the message will be, and then how that's in turn

1415
01:30:10.399 --> 01:30:14.159
<v Speaker 20>going to affect their employees, their consumer bases, not only

1416
01:30:14.239 --> 01:30:15.800
<v Speaker 20>on this side of the border, but for those who

1417
01:30:15.800 --> 01:30:18.000
<v Speaker 20>are integrated in the US on the other side of

1418
01:30:18.039 --> 01:30:19.039
<v Speaker 20>the border as well.

1419
01:30:19.399 --> 01:30:19.680
<v Speaker 1>Thank you.

1420
01:30:20.000 --> 01:30:24.000
<v Speaker 3>Yeah, other questions, folks, We really appreciate don Does.

1421
01:30:24.000 --> 01:30:26.359
<v Speaker 20>Anyone want to hear about defense spending like that's the

1422
01:30:26.479 --> 01:30:27.880
<v Speaker 20>one thing I talked about.

1423
01:30:29.720 --> 01:30:30.359
<v Speaker 11>That's what I did.

1424
01:30:30.439 --> 01:30:32.880
<v Speaker 9>I did, I did like my homework on that file.

1425
01:30:34.000 --> 01:30:36.800
<v Speaker 11>If not, that's fine, Okay, not.

1426
01:30:38.439 --> 01:30:42.960
<v Speaker 6>I think so.

1427
01:30:44.000 --> 01:30:47.239
<v Speaker 20>I think again, if if we bring the conversation back

1428
01:30:47.319 --> 01:30:50.479
<v Speaker 20>domestically to what we've heard out of out of Ottawa

1429
01:30:50.560 --> 01:30:54.039
<v Speaker 20>and the finance minister just in the last forty eight

1430
01:30:54.119 --> 01:30:55.960
<v Speaker 20>hours around the production.

1431
01:30:55.760 --> 01:30:58.720
<v Speaker 6>Of a budget and where is the budget and when

1432
01:30:58.840 --> 01:30:59.359
<v Speaker 6>is the budget?

1433
01:31:00.920 --> 01:31:03.199
<v Speaker 20>I think one of the big questions will be, you know,

1434
01:31:03.399 --> 01:31:07.000
<v Speaker 20>how does this government figure out how to amplify and

1435
01:31:07.159 --> 01:31:10.800
<v Speaker 20>really scale up defense spending, Because there is a moment

1436
01:31:10.960 --> 01:31:15.079
<v Speaker 20>in time that we are seeing that is generational, where

1437
01:31:15.319 --> 01:31:19.880
<v Speaker 20>there's a window where a majority of Canadians are really

1438
01:31:20.079 --> 01:31:23.319
<v Speaker 20>waiving a green flag to government on this issue, saying

1439
01:31:23.960 --> 01:31:26.199
<v Speaker 20>this is the time to not only spend more, but

1440
01:31:26.359 --> 01:31:29.880
<v Speaker 20>to spend more more quickly. So if you go back,

1441
01:31:30.520 --> 01:31:32.920
<v Speaker 20>you know, to the nineteen eighties or nineteen nineties and

1442
01:31:33.000 --> 01:31:36.479
<v Speaker 20>ask Canadians what would be the what should be Canada's

1443
01:31:36.680 --> 01:31:41.239
<v Speaker 20>international priority, that was always a mix of trade and

1444
01:31:41.680 --> 01:31:47.399
<v Speaker 20>or international aid and fostering, you know, being a good

1445
01:31:47.600 --> 01:31:50.520
<v Speaker 20>person or a good actor, being a good actor on

1446
01:31:50.600 --> 01:31:55.520
<v Speaker 20>the international stage, helping poor countries, you know, doing foreign

1447
01:31:55.560 --> 01:31:59.199
<v Speaker 20>aid projects, et cetera. Right now, we have seen a

1448
01:31:59.319 --> 01:32:02.560
<v Speaker 20>doubling the last decade of the number of Canadians saying

1449
01:32:02.760 --> 01:32:06.319
<v Speaker 20>that spending on defense and focusing on our border security

1450
01:32:06.520 --> 01:32:10.319
<v Speaker 20>and on security in general. It's doubled in the last decade.

1451
01:32:10.359 --> 01:32:12.840
<v Speaker 20>It's gone from fifteen percent, which was quite low, to

1452
01:32:12.960 --> 01:32:15.279
<v Speaker 20>nearly three to ten thirty percent. So that is a

1453
01:32:15.399 --> 01:32:19.159
<v Speaker 20>significant increase. You've also got majority saying we should be

1454
01:32:19.279 --> 01:32:23.600
<v Speaker 20>spending now at the two percent level or higher. And

1455
01:32:24.640 --> 01:32:27.439
<v Speaker 20>more than half are now saying that the pace of

1456
01:32:27.520 --> 01:32:31.800
<v Speaker 20>Canada's defense spending is too slow. So this is this

1457
01:32:32.039 --> 01:32:36.920
<v Speaker 20>is all pretty new within the generational or the long

1458
01:32:37.119 --> 01:32:41.000
<v Speaker 20>historical context of where Canada's defense spending priorities have been

1459
01:32:41.079 --> 01:32:44.319
<v Speaker 20>in terms of public opinion. And so the big question is,

1460
01:32:44.479 --> 01:32:46.840
<v Speaker 20>you know, does Autawa find a way to actually climb

1461
01:32:46.880 --> 01:32:49.159
<v Speaker 20>through that window while that window is open from a

1462
01:32:49.199 --> 01:32:50.439
<v Speaker 20>public opinion standpoint.

1463
01:32:51.760 --> 01:32:53.079
<v Speaker 6>Thanks for letting me do that.

1464
01:32:56.079 --> 01:32:56.279
<v Speaker 2>Yeah.

1465
01:32:56.399 --> 01:32:58.880
<v Speaker 16>The thing is the money is limited, right, yeah, I

1466
01:32:58.960 --> 01:33:00.920
<v Speaker 16>mean if you are spending in to take it.

1467
01:33:00.920 --> 01:33:02.920
<v Speaker 20>Out and absolutely yeah.

1468
01:33:03.359 --> 01:33:05.840
<v Speaker 16>So one of those buckets where Canada can take.

1469
01:33:05.760 --> 01:33:09.000
<v Speaker 20>Out of Oh, that's a better question for Minister Champen.

1470
01:33:09.279 --> 01:33:13.840
<v Speaker 20>I'm not going to speak to that. Well, again, it

1471
01:33:13.920 --> 01:33:17.520
<v Speaker 20>comes to trade offs. Everything is trade offs, everything is priorities.

1472
01:33:17.600 --> 01:33:20.279
<v Speaker 20>But you know, governments have moments in terms of the

1473
01:33:20.399 --> 01:33:23.800
<v Speaker 20>way they act and the way they communicate politically to

1474
01:33:24.119 --> 01:33:26.119
<v Speaker 20>make the case for the things they want to do

1475
01:33:26.920 --> 01:33:30.079
<v Speaker 20>or that they are being asked to do relative to

1476
01:33:30.119 --> 01:33:32.439
<v Speaker 20>the other things that are important as well. So they

1477
01:33:32.520 --> 01:33:34.159
<v Speaker 20>have a moment here, let's see what they do with it.

1478
01:33:34.560 --> 01:33:37.079
<v Speaker 8>Is there anywhere that you've seen face in your research

1479
01:33:37.279 --> 01:33:39.439
<v Speaker 8>that Kadians have shown they've been willing to make those

1480
01:33:39.479 --> 01:33:41.239
<v Speaker 8>trade offs or that defense from there.

1481
01:33:45.359 --> 01:33:50.960
<v Speaker 11>Turn your pastime into your full time, your personal style.

1482
01:33:52.039 --> 01:33:53.600
<v Speaker 9>Into your signature brand.

1483
01:33:56.119 --> 01:33:58.359
<v Speaker 18>Do it yourself on WIS.

1484
01:34:37.479 --> 01:34:42.399
<v Speaker 1>Show has been produced by Depictions Media. Please contact us

1485
01:34:42.680 --> 01:34:46.000
<v Speaker 1>at Depictions dot media for more information.