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00:00Thank you very much. Thank you, Terry. Thank you, Paul. Thank you, Paul. It is, wow, what
00:12an honor to be here at NFI. Hello everyone. Good morning, everyone. You know, I want to
00:20start by thanking New Flyer for welcoming us here today. I want to thank above all the
00:32dedicated, innovative, hard-working members of this company behind me, around us, across
00:40North America, stretching into Europe, that have made NFI, have made New Flyer the ultimate
00:48Canadian success story that it is. Incredible. And for decades, for decades, you've produced
01:01high-quality, reliable, highly customized buses that have been sold across the world,
01:08across North America. You've recognized early the need to address climate change and acted
01:14with new, zero-emission, all-electric buses, one of the reasons why Terry has been here
01:20so many times. You believe in Canada. You believe in Canada. Your All-Canadian Build
01:26initiative is exactly how we must respond as a country going forward as the world changes.
01:36With Canadian materials and above all, dedicated, talented Canadian workers who make New Flyer
01:44a true global success story. You are what makes Canada strong. And you are what we need
01:58as we face the biggest crisis of our lifetimes. President Trump is in the process of trying
02:06to fundamentally restructure the U.S. economy, and that means that our economy here needs
02:12to change dramatically as well. And as I made clear to President Trump in our call
02:19last week, I will reject, I will reject all attempts to weaken Canada, all attempts to
02:25wear us down, to break us down, so that America can own us. That will never, ever happen.
02:34Our response is to fight, protect and build. To fight against the countermeasures that
02:49will have the maximum impact on the United States and the minimum impact here in Canada.
02:57To protect, protect our workers and industries because we must take care of ourselves. We
03:04must take care of each other. And build a renewed Canadian economy. Build a strong Canada.
03:16Now, I want to talk today, I want to take a step back today and talk about what building
03:28Canada strong means. At its core, it means an economy that creates good, high-paying jobs,
03:37grows incomes, an economy that's resilient, that can withstand shocks from abroad.
03:42But it's more than that. What makes me a Liberal, what makes my colleagues Liberals,
03:52is an unwavering belief that an economy is only strong when it serves everyone.
03:59Because in society, people can slip through the cracks. They can be left behind.
04:07And that was the reality for far too many Canadians even before President Trump's tariffs.
04:14And now, because of them, many more Canadians are at risk. So we need to act urgently, purposefully
04:24and forcefully. Canadians need a fighter, yes, to stand up to the President, but also a fighter
04:32to protect your jobs and your businesses, and crucially, to build an economy that everyone
04:40can afford. So I want to talk a bit today about how a new Liberal government will make
04:49your life more affordable. And that starts with fixing what's not working.
04:57Now, I'm not a career politician. I'm a pragmatist. So when I see something that doesn't make sense,
05:04something that doesn't work, I change it. On my first day as Prime Minister, I ended the consumer
05:11carbon tax. Today, that change takes effect. And that –
05:18– as you may have noticed, those of you driving into work – many, I'm sure, taking the bus,
05:27but some of you driving into work – that you may notice that you'll soon be paying up to 18 cents
05:34less per litre than you did yesterday to fill up your tank. Savings almost reaching $200 per year
05:42on gas for your car on average. It also means you'll pay, on average, about $300 less a year
05:50on your home heating bill. Removing the consumer carbon tax will save Manitoba families around
05:57$800 per year in upfront costs. And that's immediate relief, but it's only the start.
06:06We will also, as a government, double down on what's working already.
06:12$10 a day childcare is working. 900,000 children across Canada are already being supported
06:21by this program. It's saving families here in Manitoba up to $2,800 per child per year.
06:32And on average across the country, up to around $10,000 per child per year.
06:41And this childcare program is good for the economy. For every dollar we spend on childcare,
06:49about $2.80 in economic value is created in return.
06:55In simple language, we are all better off if more parents can work if they wish to.
07:05That's the right thing to do. It's the economic thing to do.
07:13It's an economic no-brainer to everyone, except for Pierre Pauliev, who would cancel it.
07:22Notre programme pour les soins dentaires fonctionne bien aussi. Ce programme épargne aux familles
07:28plus de $870 par année. Par conséquent, dès ma première semaine comme premier ministre,
07:38mon gouvernement l'a rendu plus accessible pour que 5 millions de personnes de plus
07:45puissent en bénéficier. Ça s'ajoute aux 3,400,000 Canadiens et Canadiennes qui ont
07:53déjà accès au programme. 1,700,000 ont déjà reçu des soins abordables et accessibles,
08:04certains pour la première fois de leur vie. Durant ma première semaine comme premier ministre,
08:13mon gouvernement a aussi enlevé la TPS sur l'achat de premières propriétés,
08:20coûtant moins d'un million de dollars. Parce que les Canadiens et Canadiennes,
08:25surtout les jeunes, ne peuvent plus attendre. Ils méritent une maison abordable maintenant.
08:35Ici, à Winnipeg, ça représente une réduction de plus de $7,300 sur le prix moyen d'un condo
08:47et une réduction de plus de $12,300 sur le prix moyen d'une maison.
08:5518 cents per litre off the cost to fill up your tank. $300 off your annual home heating bill.
09:04Hundreds or even thousands of dollars off the bill each time you go to the dentist.
09:10Continuing child care that's delivering savings of up to $2,800 per year here in Manitoba per child.
09:20These are savings that Manitobans can already expect, largely because of the progress that
09:28we made in my first nine days as prime minister. But we can accomplish much more
09:36if we win this election. And that begins with a middle-class tax cut.
09:43On the first day of this campaign, I committed to a middle-class tax cut
09:46that will save the average two-income family up to $825 a year.
09:54And yesterday, I announced Canada's most since the Second World War. It's a plan that has many
10:02components, but the bottom line is this. We're going to make Canada the leader in prefabricated
10:11and modular housing. We're going to create tens of thousands of new, not just jobs,
10:17tens of thousands of new careers in the trades. And we're going to cut the cost of building homes
10:23by as much as 20%. We're also slashing development charges on which in effect are taxes on home
10:30building. We're going to slash those in half. And as I mentioned earlier, we're cutting the GST on homes
10:37for up to $1 million for first-time buyers.
10:40It's not just a plan to increase housing offers and lower prices. It's a real plan to make
10:51access to property possible for everyone. Our plan is making it more affordable
11:01for families to purchase a home. For an average family here in Winnipeg, this makes purchasing
11:08a condo much more affordable by saving them more than $3,000 on development charges, $7,300 on GST.
11:18And with all of these measures, a two-earner family with a child in Winnipeg that has a household
11:25income of around $70,000 can expect $15,000, $15,000 a repeat in savings.
11:34And on top of those savings, with our housing plan and by building more homes more efficiently
11:40through modular and other technologies that could reduce the cost of building homes by up to 20%,
11:47this could save another $45,000 for families that purchase these homes here in Winnipeg.
11:54This will go a long, long way.
12:02Terry said I had a plan. We have a plan, and it's detailed. And we need one because this will go a
12:08long way to help Canadians weather the storm intensified by President Trump's tariffs.
12:15And this is all before we take the measures that will create higher-paying jobs, such as creating
12:23one Canadian economy out of 13 that we have today, and measures to diversify our trading
12:29partners around the world. Now Pierre Poliev doesn't get any of this. He thinks that slash
12:37and burn is the answer to every problem. $10 a day child care, he'll eliminate it.
12:44And he'll
12:46eliminate it.
12:46He's against serious solutions because
13:16on every occasion he puts ideology over ideas. He's the type of lifelong politician
13:22that worships at the altar of the free market despite never having had to make a payroll.
13:30With him, it's everyone for himself. To create prosperity that includes everybody,
13:37to create affordability for everyone, we need to all work together.
13:45We have to do big things in this country.
13:57We have to move forward because we are masters in our own home.
14:06We can control our economic destiny. But to do so, we will need to do things previously
14:14thought impossible at speeds we haven't seen in generations. But the bottom line is,
14:22we in Winnipeg, in Manitoba, across Canada, we can give ourselves more than any foreign
14:29government, including the United States, can ever take away from us. And that includes at its at
14:36its core, a better, more affordable life for every Canadian. Four generations, Canadians have
14:46built this great country on the idea that if you work hard, like the people here at New Flyer,
14:52if you work hard, you should be able to afford a good life, a good job that covers the bills,
14:59have a good home in a welcoming and safe community. And it's the duty of my government
15:05and governments at all levels to make that promise a reality.
15:20Under a new Liberal government, we will build a Canada you can afford. We will build an independent
15:27future for our country, stronger than ever. We will build Canada strong. Thank you very much.
15:43All right, we'll be taking 15 minutes of the media delegations question starting with Bloomberg.
15:48Hi, Mr. Carney, Brian Platt with Bloomberg. There's been a few reports over the past few
15:52days about what the Trump administration may do tomorrow, including the possibility of 20%
15:57tariffs on the entire world. Does the government have any communication? Has the government
16:04received any communication about what the Trump administration may do tomorrow? What's your own
16:08personal expectation? Thank you for the question. As you know, I spoke with the President last week,
16:15we had a very constructive, very productive conversation. Part of that conversation
16:20included a commitment, two commitments. The first was that after the election,
16:30government of Canada and the government of the President and the next Prime Minister,
16:35which I hope will be me, I'm working hard every day to be that person. But
16:40we will sit down, those individuals will sit down and have begin comprehensive negotiations. That's
16:46the first thing. The second thing we agreed was that our principals, our ministers would be in
16:53close contact during this period. And that is the case. Minister LeBlanc has been in contact with
17:04Secretary Lutnick, Secretary of Commerce Lutnick. That is a regular ongoing conversation.
17:11Minister Joly with his counterpart in the case of Mr. Rubio. So we're in close contact.
17:23We, of course, will be looking with interest what is announced tomorrow. As I also mentioned
17:31to the President, and was very clear, we will respond to additional measures.
17:39So we will put in place retaliatory measures if there are additional measures put against Canada
17:46tomorrow. Thank you.
18:01SECRETARY KERRY
18:32In terms of Canada's response, you've said you're looking at measures, you want to do measures that
18:57are minimally impactful on Canadians. But of that list that the Trudeau government released
19:02of $155 billion, there's a lot of items on that list that will be quite impactful on Canadians.
19:08I'm thinking, for example, passenger vehicles, a lot of the best selling vehicles in Canada are
19:11made in the U.S. Are you still using that $155 billion list, or do you expect a more narrow
19:18response?
19:19Well, Brian, this is a crucial question. And let me say in general, and then I'll give you a couple
19:25examples. We are going to be very deliberate in terms of the measures we take to fight for Canada,
19:33fight against these unjustified measures by the U.S. administration, but also to protect,
19:39to have that minimal impact in Canada. Now, I'm going to use a specific example.
19:44Paul and I were discussing earlier today this great company, which produces a number of buses
19:51for the United States using, in many cases, U.S. components. And so the need for a new flyer
19:59remains competitive and all the subsidy remains there. That's smart. That's smart from the
20:03Canadian perspective, and that's the kind of approach this government is taking.
20:06The second thing to say, though, is with respect to the auto sector,
20:11given the current structure of U.S. auto tariffs, we have held back until we see the next measures
20:18from the U.S. tomorrow. We have held back. But we will not disadvantage Canadian producers and
20:24Canadian workers relative to American workers. So there are measures that we can take that,
20:32at a minimum level, the playing field with the United States. And again,
20:35it depends on the broader measures they take tomorrow, if indeed they do against Canada.
20:39Next question.
21:40Good morning.
21:41Next question.
21:42Good morning. Olivia Stavanovich, CBC News.
21:44It appears the involvement of the RCMP forced candidate Paul Chang to bow out of the race.
21:50Meanwhile, the Conservatives just removed their problematic candidate in Windsor
21:54within an hour of learning of issues of this individual.
21:57Why didn't you do the same with Chang? And was this a teachable moment for you?
22:02Mr. Chang made his resignation, offered his resignation last night. I accepted it.
22:10As I said yesterday, his comments were deeply troubling and regrettable.
22:21We will move on with looking for a new candidate for a mark. And I'll leave it at that.
22:29In French? In French again? Okay.
22:33Last night, I accepted Mr. Chang's resignation. As I said yesterday, his comments were terribly
22:47offensive. It was terribly offensive. And we will look for a new candidate for a Markham
22:56Union bill.
22:58How do you reconcile keeping Bill C-69 with your plans to build infrastructure in Canada?
23:04Do you plan to repeal Bill C-69?
23:07We do not plan to repeal Bill C-69, to answer your question directly.
23:12What we have said and made very clear 10 days ago, formally with the First Minister's meeting,
23:20is that we will move for projects of national interest to remove duplication in terms of
23:26environmental assessments and other approvals. And we will follow, as the federal government,
23:31the principle of one project, one approval to move forward from that.
23:37So what's essential is to work at this time of crisis, to come together as a nation,
23:44all levels of government, to focus on those projects that are going to make
23:49material differences to our country, to Canadian workers, and to our future,
23:54and work closely together. And the federal government is looking to lead with that by saying
24:00we will accept provincial environmental assessments to move forward with that for, for example,
24:07clean energy projects or conventional energy projects or many others that could be there.
24:13Last point, which in many respects is the first point, we will always ensure that these projects
24:19move forward in partnership with First Ministers.
24:49My campaign for chieftaincy, I said, never, never, we,
24:58we will never be in negotiations with the United States on issues that impact the French language,
25:10culture, and the management of the earth. So it's never on the table.
25:16Just to clarify, you will protect it at all costs, the 96 Act. You will protect it.
25:21I will protect it, yes.
25:24But how can you protect a law that you intend to contest in the Supreme Court?
25:30There are several aspects of the law, and there is a question of the law,
25:37it's a question for the courts, for the judges, and it's another question, it's another aspect.
25:44It's a question of fundamental rights here in Canada, it's a question to defend the law.
25:52Next question, is there no contradiction for you?
25:55There is no contradiction, no, no, no contradiction. It's the first,
26:01the fundamental thing. For me, the question that arises now is the negotiation
26:09with the United States in order to resolve this crisis. And I am absolutely clear,
26:17never the French language, never the Canadian culture, including the Quebecer culture,
26:24and never the management of the earth will be on the table.
26:29Next question.
26:31Hi, Mr. Carney, it's Stuart Thompson from the National Post. On Friday, the Post published a
26:36piece revealing 10 instances of plagiarism in your doctoral thesis. Your party responded by
26:42attacking the academic who was quoted in the piece. Some of your surrogates mentioned pulling
26:47media subsidies because they didn't like the piece. First of all, did you plagiarize? And is
26:52this a demeanour we can expect from a Carney government? Will you attack the media when you
26:56don't like the work we do? Thank you for your question. I'm pleased that there's such interest
27:04in my doctoral thesis. It's sort of languished on the shelf for over three decades. I think what
27:12you'll find in the middle of that piece is a very clear refutation of these quote allegations
27:19by senior most academic at Oxford, Dr. Meyer, who was categorical in her rejection of
27:29many of the conclusions that you just made. So if your question is, does a professor at Oxford,
27:37well, I think the statement of Dr. Meyer's stance is pretty obvious where it is. And as I say,
27:44I'm pleased that there is intense interest in a game theory thesis of 30-something years ago.
27:51Next question.
27:52Hi, Mr. Carney, Alessia Passofumi here with the Canadian press. Your ministers have been telling
27:57me for more than a year that a polyeth government wouldn't be focused on the issue of
28:02reconciliation. Yet you're here in Winnipeg, which is a majorly Indigenous city with no policy
28:08announcement for Indigenous people, no public meetings with them. What does that signal about
28:13the Liberal Party stance on reconciliation with Indigenous people?
28:15Yeah, thank you for your question. I'll say a couple of things if I may. First, in my
28:22opening comments as prime minister on the day that I was sworn in, I acknowledged the fundamental
28:29role of First Nations, Inuit and Métis peoples to the founding of our country. Within two and a half
28:42Within two and a half days, I was in Iqaluit with the premier and meeting First Nations,
28:52the Inuit people, sorry, the Inuit people and the Métis. Within the first week, I met with
28:58all the leaders of the Indigenous organizations. Within the first week, we announced as a
29:03government the doubling and the broadening of the Indigenous loan program. So the process of
29:12reconciliation, which is fundamental to our country, fundamentally part of our being and essential,
29:23must proceed. And we've taken those initial steps. This is a long process,
29:28but we've taken those initial steps to move forward. Thank you.
29:34Sierra Buttons, ABTN National News. Prime Minister Carney, you've been talking a lot about speeding up
29:39mineral extraction and energy projects in your campaign. I'm wondering, how do you plan to
29:43square that with First Nations' right to consultation and accommodation?
29:47Thank you very much for this question. I can't stress this enough. This is fundamental,
29:54and when I have national interest, when I speak of, for example, critical mineral extraction,
29:59which is a tremendous opportunity for this country, but can only proceed if there is
30:07free, prior and informed consent. Only proceed, in my judgment, if there's full participation from
30:16First Nations groups. And I have on multiple occasions, unfortunately on multiple occasions,
30:23had to remind Mr. Polyev of that fact. For him, he can fly into Iqaluit without consulting the
30:33premiers, without meeting with any First Nation groups, makes an announcement and flies back.
30:37For him, he can speak of building an energy corridor or building Energy East as a pipeline
30:44without mentioning First Nations. I always have that at the heart. And to make that more concrete
30:51and to make that a reality, as I just mentioned, we more than doubled, we doubled, I'll round it
30:59to that, our Indigenous Loans Guarantees program, which is now 10 billion dollars, which finances,
31:07to be clear, these aren't loans. These are loans for full investment participation, if those First
31:13Nations choose to support a project and wish to be part owners. And we broadened it across from
31:21whatever it was before, last point, from just energy across to a wide range of projects,
31:26which would include critical minerals. So it's there, but we're also putting it into action.
31:32Next question.
31:35Sorry.
31:36Glenn McGregor, City News. You mentioned the drop that the pump motorists are experiencing today.
31:41Are you convinced that is durable, that oil and gas companies are not going to take advantage of,
31:46I don't know if it's in your thesis or not, but inelasticity of the demand for gasoline?
31:50Are you concerned about that they may raise their prices again over time to make up for the
31:57drop in the carbon tax? And if so, what would you do about that?
32:00Well, okay, a couple of things. Thanks for raising this. It's incredibly important that
32:06Canadians are seeing that flow through of the drop in the price of the pump.
32:11It's important that the competition bureau, the competition authorities are very alert to
32:16ensuring what you're suggesting might happen or could happen doesn't happen, first point.
32:22Second point, we all know through long history that the price of gasoline at the pump also
32:27fluctuates with the price of oil around the world. And so there will be some fluctuations in and
32:33around there. The third point, and I'll hand back to you, Glenn, is that what we said from the start
32:39was we will cancel the consumer carbon tax, which I did on my first day as prime minister.
32:46We recognize that there is also a rebate that comes with that carbon tax that gets people ahead.
32:53We kept the rebate in place for this. The rebate checks will show up later this month for people,
33:01as usual, even though the carbon tax is not being collected, we kept it in place
33:06to help with the transition so that if we are returned to government, our tax cut will be in
33:12place, which then more than makes up for the rebate. I'll hand back.
33:16On your affordability theme, you mentioned daycare, you mentioned dental care. I haven't
33:21heard you talk about pharmacare, and I know your party was kind of leveraged into this by the NDP.
33:27Are you committed, if you form government, to expanding that above and beyond diabetes and
33:32birth control medications for people who don't have employer plans or provincial plans?
33:36I'm committed absolutely to keeping what is in place. I think those broader judgments will take
33:45place. If there were to be an expansion, it's in the context of
33:50decisions around a range of priorities, but the core remains on pharmacare and clearly child care,
33:59dental care, the tax cut, the changes I've outlined. I'm going to underscore one last
34:04time, a hand to your colleague. The changes in housing, the ambition in housing is enormous,
34:12and the changes in housing in terms of the impact on affordability in a few years
34:17will, for those who are buying houses, have the potential to more than
34:22triple the impact that's being seen. We'll take one last question.
34:34I have a lot of experience in negotiations.
35:03In a negotiation, if you put things aside, they are put aside.
35:13I always give that commitment. I put aside French, I put aside the management of the order,
35:21I put aside the culture. It's never on the table. It's how we do a negotiation,
35:27we have to be clear in advance. I'm absolutely clear
35:32So you can guarantee that the protection of the French will never be put in place again?
35:41I just said that. It's a commitment. It's a personal commitment.
35:46And it's very important. So thank you for your question, but it's very important.
35:51But I'm absolutely clear on that.
35:53Thank you very much. That's what made me come to today's press conference.
35:58Thank you very much.