"This is the END of Canada... Kevin O'Leary Explains Why!!!"

Economic Growth and Competitiveness

🏢 Q: How has Canada's economic growth compared to other countries?
A: Canada's 1.4% growth over the past decade is the lowest in history, with no other country achieving such low growth over a full decade, attributed to policies crushing competitiveness and discouraging foreign investment.

💼 Q: What is Canada's corporate tax rate and how does it compare globally?
A: Canada's 26.2% corporate tax rate is higher than almost every other developed nation, contrasting with Ireland's 12.5% and Singapore's 17%, which have attracted $38 billion and $190 billion in foreign investment respectively.

Trade Relations and Subsidies

🤝 Q: What is the current state of Canada-US trade relations?
A: Canada's $200 billion annual subsidies to the US are deemed unsustainable, with the US unable to subsidize another country for such a large amount, suggesting Canada should run its own country independently.

🏭 Q: How are US tariffs affecting Canadian industries?
A: Steel and aluminum tariffs are crushing industries, with copper tariffs imminent, representing not negotiating tactics but the new reality of doing business with Trump's America.

Energy and Resource Development

⚡ Q: How are Canada's energy policies impacting economic growth?
A: Canada's energy and resource development, critical to its economy, are being stifled by policies prioritizing a green utopia over economic growth, potentially hindering overall economic progress.

Trade Negotiations

🌍 Q: How does Canada's negotiating position compare to other entities like the EU?
A: While Canadian provincial leaders talk tough about dollar-for-dollar retaliation against US tariffs, Canada's 40 million people are in a different weight class compared to the EU's 27 countries and 450 million people, potentially limiting negotiating leverage.

Economic Challenges

🔍 Canada's 1.4% economic growth over the past decade is the lowest in its history, attributed to policies making the country expensive and difficult for business.

💼 Canada's 26.2% corporate tax rate is higher than most developed nations, contrasting with Ireland's 12.5% and Singapore's 17%, which have attracted significant foreign investment.

Trade Dynamics

🌐 The EU's deal with the US, featuring 15% tariffs and $750 billion in energy commitments, has potentially weakened Canada's position in trade negotiations.

🛢️ Canada provides a $200 billion annual subsidy to the US through trade imbalances, while the US relies on 4 million barrels of Canadian oil daily.

Negotiation Strategies

🤝 Canada is in an "intense phase" of trade negotiations with the US, involving multiple trade deals including Japan, EU, and Indonesia.

🇨🇦 Prime Minister Carney emphasizes securing a "right deal" that benefits Canadian businesses, workers, and the country's economic future.

• 00:00 💸 Canada's economy is being severely impacted by US trade policies, with tariffs and Trump's America-first approach leaving Canada in a weak position with limited leverage to negotiate effectively.
• 01:19 💸 Canada's economy will not survive with policies that prioritize a "green utopia" over resource development, energy, and pipelines, making it an uncompetitive place for investment.
• 02:40 💸 The United States can no longer afford to subsidize Canada with $200 billion a year, making it unsustainable for Canada to rely on US support.
• 03:36 💸 Canada would be better off as a US state, saving $200 billion in annual subsidies and leveraging its own resources.
• 04:43 💼 Canada will only sign a trade deal with the US that makes sense for Canadian business, workers, and the country as a whole.
• 05:33 💼 Canada seeks a fair trade deal with the US, potentially similar to the 15% across-the-board agreement with Europeans, considering their strong commercial relationships and investments.
• 06:39 💡 Canada and the US have different energy needs, with the US relying on Canadian energy, which is a key factor in their trade negotiations.
• 07:43 💸 Canada's high corporate tax rate of 26.2% is stifling its competitiveness, causing it to lag behind countries like Ireland and Singapore with lower tax rates and more attractive business environments.

WatchUrl: https://www.youtube.com/watch?v=8as6IFxAwQw