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00:00Moving to Canada, Mark Carney has pulled off a pretty miraculous victory against all odds there.
00:06We know they're facing some pretty huge economic challenges.
00:10What did you make of his victory and how much do you think Trump has played a part?
00:16Carney was very successful in playing the fear of Trump that occurred in Canada during the Trump suggesting that Canada should be purchased by the United States.
00:27That was very unpopular in Canada. Carney basically said, look, don't look at our party's track record.
00:33We know we've put Canada into an economic coma.
00:37We have lost on every market share across the G20.
00:41We have no GDP growth anymore. Per capita debt is the highest ever.
00:46And, of course, 25 percent of the population of Canada is now at the poverty line.
00:50The party was a disaster under the previous Prime Minister, Justin Trudeau, and he got kicked out by his own party.
00:56He was replaced by Carney. But Carney was very smart in using Trump as the fulcrum, the leverage, to put fear into Canadian hearts and get himself elected.
01:06Unfortunately, he did not win a majority mandate.
01:09Parliamentary history in Australia, England, Canada, if you don't win a majority mandate on your first go-around in the parliamentary system, it's not a great outcome.
01:2012 to 18 months is usually another election.
01:23And that's probably what Carney faces if he doesn't turn the economy around.
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