Latest / Radio Baloney - The Richie Baloney Show! / Canada Stifled By Red Tape- Worse Than The Trump Tariffs
Transcript
- 0:00Speaker 1: We have an enormous opportunity to bring climate change into
- 0:03Speaker 1: the heart of every financial decision. The National Post put
- 0:07Speaker 1: out an article, Canada has been stifled by red tape.
- 0:10Speaker 1: Let's take a look. Businesses rank being stifled by red
- 0:14Speaker 1: tape is more of a threat than Trump Tariff's. New
- 0:17Speaker 1: report finds the Simon Tuck so Canada is being stifled
- 0:22Speaker 1: by red tape so much that businesses now rank excessive
- 0:26Speaker 1: regulation as more of a threat to investment than the
- 0:29Speaker 1: Trump tariffs. A new report from a leading Canadian business
- 0:33Speaker 1: group has found, well, we could have told you that.
- 0:36Speaker 1: We could have told you that long time ago. The
- 0:38Speaker 1: Business Council of Canada, a nonpartisan organization that represents businesses
- 0:43Speaker 1: across the economy, found that Canada's regulatory burden is growing rapidly,
- 0:49Speaker 1: with the number of government requirements now topping three hundred
- 0:53Speaker 1: and twenty one thousand, an increase of thirty seven percent
- 0:57Speaker 1: since two thousand and six. We talk about woke dysfunction.
- 1:01Speaker 1: This is what we're talking about. So progressivism, wokeism causes
- 1:07Speaker 1: dysfunction with everything that it touches all the time, and
- 1:11Speaker 1: it does nothing else. There's no place where it makes
- 1:14Speaker 1: things better. Ever, the BCC says the morass shaves one
- 1:21Speaker 1: point seven percent off the economy. So this is the
- 1:25Speaker 1: morass of the red tape, of the progressive red tape.
- 1:28Speaker 1: Nine percent from business investment and one point three percent
- 1:32Speaker 1: from total employment. This is not insignificant. Let's see what
- 1:37Speaker 1: we got here, A wide range of examples of dubious
- 1:40Speaker 1: red tape, including multiple and overlapping environments, Social and governance
- 1:45Speaker 1: frameworks ESG frameworks. Well, I thought i'd take a look
- 1:48Speaker 1: at some of those that are being companies are being
- 1:50Speaker 1: burned with. Let's see Canada's ESG reporting requirements in twenty
- 1:54Speaker 1: twenty five Key Laws, Rules and Regulations. So let's just
- 1:58Speaker 1: take a look Canadians sustainability disclosure standards. Corporate diversity reporting. Ooh,
- 2:06Speaker 1: they keep telling us how great diversity is. Apparently it
- 2:09Speaker 1: means no white people. So I don't know. I think
- 2:11Speaker 1: I'm against it. Supply chain reporting, supplier ESG disclosure for
- 2:16Speaker 1: large federal contractors, Climate investment taxonomy, whatever the hell that means.
- 2:23Speaker 1: It just goes on and on and on. It's you
- 2:27Speaker 1: can see, I mean this this is like somebody painted.
- 2:31Speaker 1: It's like one of the old masters painted a picture
- 2:35Speaker 1: of dysfunction, woke dysfunction here it is right, just goes
- 2:40Speaker 1: on and on and on and on and on and
- 2:42Speaker 1: on and on, and you're getting the picture now. So
- 2:45Speaker 1: this is all stuff like when I say that Canada
- 2:49Speaker 1: has generational problems now because of the Liberal Party, the
- 2:54Speaker 1: Liberal Party that was taken from being kind of a
- 2:57Speaker 1: like a moderate centrist leading left party to a radical
- 3:02Speaker 1: leftist party that was re made in the image of
- 3:05Speaker 1: Justin Trudeau to be radically left wing. When I say
- 3:09Speaker 1: that it's going that they've caused generational damage, this is
- 3:13Speaker 1: what I'm talking about, Like it's in everything. They infect everything,
- 3:17Speaker 1: every institution, just anything any person can do has been
- 3:23Speaker 1: made dysfunctional by them. We have an enormous opportunity to
- 3:26Speaker 1: bring climate change into the heart of every financial decision.
- 3:30Speaker 1: So yeah, it's not the problems that we have now
- 3:33Speaker 1: after a decade, and it'll be more than a decade
- 3:36Speaker 1: by the time we get new government. It's not going
- 3:38Speaker 1: to be fixed in one term. It's going to take
- 3:41Speaker 1: a decade to fix. And there are things that can't
- 3:44Speaker 1: be fixed. Their candidates change in ways that cannot be changed.
- 3:48Speaker 1: But if we want to try and get the country
- 3:49Speaker 1: back to just at least looking like it's going to
- 3:53Speaker 1: stay in the first world. You know, to get is
- 3:55Speaker 1: like out from that, you know, the bottom of the
- 3:57Speaker 1: list of developed nation on every metric. It's going to
- 4:03Speaker 1: take ten years, twenty years, thirty years, god knows how long.
- 4:06Speaker 1: But we've got to stop the paid as soon as possible.
- 4:09Speaker 1: But will Canadians be smart enough and informed enough or
- 4:13Speaker 1: will they be continue to be you know, will enough
- 4:16Speaker 1: Canadians to be as ignorant and gullible as they have been,
- 4:21Speaker 1: because then we're in big trouble. It will end it
- 4:23Speaker 1: with Canada losing first World status. If enough Canadians don't
- 4:27Speaker 1: wake up to the next election, it's time to start
- 4:29Speaker 1: thinking about relocating. And let me remind you as well
- 4:34Speaker 1: that there's talk of the UK needing another IMF bailout.
- 4:38Speaker 1: Don't forget they had one in nineteen seventy six, so
- 4:41Speaker 1: it absolutely can happen, and also France as well, So yeah,
- 4:45Speaker 1: things can get that bad anyway. That's all I'm going
- 4:49Speaker 1: to say about that. Please like, share and subscribe. Subscribing
- 4:52Speaker 1: really helps me out. I thank you for that. I
- 4:55Speaker 1: will see you next time.