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Mark Carney

Mark Carney

Prime Minister of Canada

Oct 2, 2026

2:26
We pick up the interview with the Prime Minister's direct response to concerns over the soaring cost of imported agricultural equipment before moving into the diplomatic freeze and a little hockey talk.
2:37
First things first, I'll, I'll just underscore the importance of creating new markets and sustainable markets, uh, and, and large scale markets for, uh, uh, agricultural produce, uh, whether it's canola, pea protein, you know, the, the barley, et cetera, uh, meat, pork, uh, et cetera.
2:54
We've been doing that, and we will continue to do that to expand.
2:57
We are absolutely committed to that.
3:00
Secondly, um, in terms of, uh, other usage, and I'm gonna keep with canola for a second, uh, the, uh, uh, agri-diesel and, uh, the improvements there, you know, you're adding a, a dollar, $1.25 to a bushel of, uh, canola, uh, to the price of a bushel of canola.
3:17
That's attractive.
3:18
We'll continue to do that.
John Tupper
John TupperCORRESPONDENT
4:10
Do, uh, two more questions here, which is, uh, can you give us a little bit of an update on where things are with the United States?
1:49
So why is Canada underweight? What's your diagnosis?
1:52
Well, I think there's been, I think there's been a few factors.
1:55
Uh, one of them has been, uh, some major pools of capital have allocated to America, if I can put it that way.
2:02
So US and Canada lump together, and they end up overweight the US, underweight Canada.
2:07
That's just the way it- it's worked, and that works in a seamless global environment.
2:12
Uh, the world's changing, so it makes less sense now, so they're looking afresh.
2:16
So that's the first thing.

11 MINS LATER

13:06
So what more, what more are you looking for? What's an example of where this can go deeper?
1:49
So why is Canada underweight? What's your diagnosis?
1:52
Well, I think there's been, I think there's been a few factors.
1:55
Uh, one of them has been, uh, some major pools of capital have allocated to America, if I can put it that way.
2:02
So US and Canada lump together, and they end up overweight the US, underweight Canada.
2:07
That's just the way it- it's worked, and that works in a seamless global environment.
2:12
Uh, the world's changing, so it makes less sense now, so they're looking afresh.
2:16
So that's the first thing.

11 MINS LATER

13:06
So what more, what more are you looking for? What's an example of where this can go deeper?
9:21
And I guess I'll turn a remark if you want to give a little recap of both what that talk showed the world and how it's grown since
9:28
then.
9:30
So what it showed is that for around a modest investment of just a few hundred dollars plus Diamond, You can do very basic quantum magnetometry, so optimally pumped magnetic detection, by building some circuits, putting together some parts, and writing some nifty firmware that allows you to actually manipulate this reasonably well-known Hamiltonian within nitrogen vacancy center diamond masses.
10:04
And so what we did with that is we open sourced completely the control plane.
10:08
So if you are not a radio engineer, but you want to tinker with some firmware, you can just, you know, deal with the part that you want to.
10:17
So that all of the parts you need to actually do very basic magnetometry are on this board.
10:22
I will say, It is almost certainly the worst quantum magnetometer on the planet, but it is a quantum magnetometer.

5 MINS LATER

15:43
Yeah, to stay in the hardware space for a moment, the QRNG, you want to just talk a little bit about that and how does it work with, I'm assuming, some kind of open source application and what can you do with it? Like what kind of output, what kind of duty cycle, like what can it actually generate?
13:47
Yeah.
13:47
That was gonna be my breaking news.
13:49
I'm gonna have to find, uh, another, another announcement.
13:51
Yeah, it's fantastic.
13:52
I mean, that's ...
13:52
Look, we're the third-largest exporter of music in the world, Canada is, after, uh, the United States and the UK.
13:58
The world wants Canada, wants Canadian culture, uh, and this is another way, uh, just to, uh, spread the, spread the message, spread the love and, uh, a bit of unity.

17 MINS LATER

Jennifer Chevalier
Jennifer ChevalierCORRESPONDENT
31:33
It says the meatpacking industry is among those areas that, quote, "are particularly concerning because of the lack of competition."
34:46
Right.
34:46
And they, and they fit it in.
34:47
And so, uh, whether it was Brexit, here often, you know, the starve the beast type approach.
34:53
So Pierre Poilievre, when COVID started, his reaction was, "Hmm, this is a good time to cut spending and cut taxes.
35:02
Everyone's just been pushed out of a job.
35:04
Nobody's got work, so let's cut the taxes on the work they don't have, and let's take away the social safety net when everybody's vulnerable."

7 MINS LATER

speaker_9UNKNOWN
42:16
[laughs]
42:16
[laughs] Focus on financing.
21:22
Is it true it's about a page and a half?
21:24
Uh, it's, it's, uh, it is a reasonable length for an agreement which is a, in effect, it is a cessation of hostilities.
21:31
It's a ceasefire, uh, for that 60-day period, as you know.
21:35
But it sets out a series of conditions and what will happen when they are fulfilled.
21:40
Uh, so I think it's ve- I think it's well-structured, uh, from our perspective.
21:43
But I think as well is the regional, uh, countries are behind it.
21:48
Of course, we met with, uh, with the UAE, with the Qataris, the Egyptians.
23:05
Do you think it's going to be easier?
2:14
To Prime Minister Mark Carney, this is an example of the benefits of diversifying markets beyond the United States.
2:21
Countries that have the confidence to open up, to link their economies, to invest in their workers, to move forward, not turn back.
Michael CoutureCORRESPONDENT
4:32
The Conservative leader contends the prime minister's auto strategy is to blame for the plan not moving forward.
4:39
He claims that we're going to replace 83% of our automotive sales to the US by making electric vehicles that people don't wanna buy, that we don't make.
Graham Richardson
Graham RichardsonCORRESPONDENT
8:52
Carney says the Americans will be able to meet Ukraine's needs.
8:56
It's a question of financing and getting them there.
8:59
We're doing that.
9:00
We're getting them there.
9:00
That's the first point.
9:01
Second, uh, we had made a commitment earlier this year in February, 2.4 billion for, dollars for Ukraine, uh, Canadian, uh, so this is part of, uh, that overall commitment.
9:12
Uh, we're continuing to provide it.
Graham Richardson
Graham RichardsonCORRESPONDENT
9:21
The European political community was established after Russia invaded Ukraine in 2022.
Adrienne ArsenaultCORRESPONDENT
2:21
How does that sit with you?
2:22
[lip smacks] Uh, I...
2:24
Well, I'd obviously defer to, uh, Ambassador Greer, uh, in terms of exactly how those decisions are made.
2:30
Uh, it doesn't-- I didn't see the actual testimony.
2:33
I, but I'll comment.
2:36
Uh, it, it doesn't totally surprise me.
2:37
I mean, the president has very strong and very long-held views in certain areas, certain, uh, sectors.

5 MINS LATER

Adrienne ArsenaultCORRESPONDENT
8:05
Mm-hmm.
5:01
Mark Carney has been held up by the global media, or the PSYOP of the global media, as the rational central banker that's going to protect the old regime with a new world order that is just... uh, new wine and old, uh, and old, uh, sacks, right? Explain to me how Mark Carney is looked at as the globalist savior.
5:28
Well, you just have to look at the reception that he's had, uh, following that speech in Davos this week, uh, At Davos itself, you know, the references to him and in the media and in your cold open as well, all the talking heads, the globalist mouthpieces lionizing him and fawning over him.
5:52
But what's really interesting is that I don't think this is a break from globalist policy.
5:58
When you look at what happened right before Davos, when he went to China, as the audience and the posse is very well aware, thanks to your program and you covering this, China, as I mentioned earlier this week, has been a made country.
6:14
to become the superpower by the globalists.
6:17
This was very much the globalist plan to transform China into this manufacturing superpower.
6:25
And in many ways, China is also the blueprint for the surveillance digital dystopia state.
Donald TrumpSOUNDBITE_SPEAKER
1:45
When you look at that beautiful formation when it's together, I'm a very artistic person.
1:51
If I may, um, a- a- as you know from real estate, there are some places that, uh, are never for sale...
1:58
It's not for sale, won't be for sale, uh, ever.
2:00
Uh, but the opportunity is in the partnership and the, and, and what we can build together.
Donald TrumpSOUNDBITE_SPEAKER
4:59
That's true.
4:59
Uh, and, um, having met with, uh, the owners of Canada over the course of the campaign, uh, last several months, uh, it- it's not for sale, won't be for sale, uh, ever.
Laura Barron-Lopez
Laura Barron-LopezCORRESPONDENT
5:21
Carney, fresh off his election win last week, was clear that the US-Canada relationship is completely changed.
5:28
Our old relationship based on steadily increasing integration is over.
5:35
The questions now are how our nations will cooperate in the future and where we in Canada will move on.
2:05
That's true.
2:06
Uh, and, um, having met with, uh, the owners of Canada over the course of the campaign, uh, last several months, uh, it, it's, it's not for sale.
2:14
Won't be for sale, uh, ever.
2:16
Uh, but the opportunity is in the partnership and the, and, and what we can build together, and we have done that in the past.
3:19
Canada's, uh, a place that will have to be able to take care of itself economically.
3:25
We are the largest client of the United States in, in the totality all, all the goods, so we are the largest client of the United States.
3:34
We have a tremendous auto sector between the two of us and the changes they've made have been helpful.
3:39
Um, you know, 50% of a car that comes from Canada is American.
63:23
Watch.
63:23
Thank you for your hospitality and, uh, and above all, for your- for your leadership.
63:28
Uh, you're a- you're a transformational president, uh, who focus on the economy with a relentless focus on the American worker, uh, securing your borders, um, providing, uh, ending the scourge of fentanyl and other opioids and, uh, and securing the world.
63:44
And I've been elected, uh, with, uh, with my colleagues here, with the help of my colleagues here, I'm gonna spread- spread the, uh, uh, the, uh, credit, uh, to transform Canada, um, with a similar focus on the economy-
63:56
Right.
63:57
... securing our borders, uh, again on fentanyl, uh, much greater focus on defense and security, securing the Arctic and developing the Arctic.
64:05
Um, and, you know, the history of Canada and the US is we're stronger when we work together and there's many opportunities to work together and I look forward to, you know, addressing some of those issues that we have, but also, uh, finding those areas of mutual cooperation so we can go forward.
speaker_5UNKNOWN
25:44
Carney.
25:45
Canadians are over the shock of that betrayal, and that is what it is, it is a betrayal.
25:52
We are over the shock of that betrayal, but we should never forget the lessons.
25:58
We have to look out for ourselves-
speaker_6UNKNOWN
26:06
Woo!
26:06
... we have to take care of each other.
26:09
Canadians didn't ask for this fight, but we are always ready when someone else drops the gloves.
37:16
D- just give us the headline news on Brexit.
37:18
So the headline on Brexit is, uh, for a variety of reasons, and many of them not to do with economics, although it was sold as an economic, you know, win.
37:27
Uh, but a lot of people, you know, because of reasons of identity and others, voted, uh, in 2018, if I've got my dates right, 2016, I guess, no, uh, f- s- for the UK to leave the European Union.
37:39
And the UK was even more tightly bound in trade and economic relationships with the European Union than Canada is with the United States, including free movement of labor, easy movement of capital, uh, huge, uh, trade going both ways.
37:53
Uh, and you never had to get your product...
37:55
If your product met the product standard in the UK, didn't have to worry about it, you could sell to any country in Europe.
38:01
And so the decision taken, as I say, for a variety of reasons, narrowly, but taken to leave the European Union.

19 MINS LATER

57:11
What's the friction point? Is it capital, is it labor, is it zoning? What is different about what you're proposing that is gonna register any more progress than previous administrations?
78:39
Has that disappointed you?
78:40
Well, it's early to get disappointed, but I'll tell you a story.
78:45
I had an interview with Faisal Islam, who you'd know well, a British journalist, and it was like this.
78:52
It was actually on the same laptop.
78:54
I was in a rural town hall in Nova Scotia, Amherst, Nova Scotia.
79:00
And at the end of the interview, it was for Newsnight, BBC Newsnight.
79:04
After it was over, I picked up my laptop and I rotated it 90 degrees and showed him that there was the portrait of King Charles III.

31 MINS LATER

109:59
hard to get off these schticks when he gets into them.

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