Bloggers note : below an AI report..
Short Summary
In this speech, Canadian Prime Minister Mark Carney addresses the widespread feeling of “loss of control” that is driving global politics — over cost of living, borders, technology, jobs, and security. He argues that old tools and nostalgia won’t fix it. Instead, the new progressive politics must be about building — physically, sustainably, inclusively, and digitally — to restore agency and create a country that is strong, fair, and good for all Canadians. He outlines concrete Canadian actions in housing, energy, trade, AI, worker training, immediate cost-of-living relief, and bold national projects, while emphasizing fiscal responsibility and shared prosperity through a new sovereign wealth fund.12 Key Points Carney Outlines (What He Wants to Do)
In this speech, Canadian Prime Minister Mark Carney addresses the widespread feeling of “loss of control” that is driving global politics — over cost of living, borders, technology, jobs, and security. He argues that old tools and nostalgia won’t fix it. Instead, the new progressive politics must be about building — physically, sustainably, inclusively, and digitally — to restore agency and create a country that is strong, fair, and good for all Canadians. He outlines concrete Canadian actions in housing, energy, trade, AI, worker training, immediate cost-of-living relief, and bold national projects, while emphasizing fiscal responsibility and shared prosperity through a new sovereign wealth fund.12 Key Points Carney Outlines (What He Wants to Do)
- Name the problem plainly: Citizens feel a profound loss of control over everyday life (housing costs, borders, social media, jobs displaced by technology, and a more dangerous world). This fuels grievance politics that thrives on scarcity and division; it cannot be solved with yesterday’s tools or institutions.
- Build affordable housing at unprecedented scale and speed: Create the new public agency Build Canada Homes to deliver deeply affordable and mixed-income housing. Use federal land, factory-built modular construction (Canadian lumber and workers), cut development charges in half, and reduce new-home taxes — delivering up to $200,000 in savings per home in places like Toronto.
- Double the clean electricity grid in two decades: Make energy cleaner, more abundant, and affordable by linking provincial systems, using the federal AAA balance sheet to spread costs, reforming permitting, and embracing all technologies (renewables, nuclear, small modular reactors, hydro, carbon capture, geothermal, and some natural gas). Goal: electrify the economy and slash emissions affordably rather than pursuing purity in generation.
- Shift from reliance to resilience in trade: Diversify away from over-dependence on the U.S. by pursuing deeper North American integration where possible (including “Fortress North America” options in key sectors) or building new global partnerships. Already signed 20 new economic/security agreements across five continents; on track for major deals with India, ASEAN, and Mercosur. Non-U.S. exports are rising sharply; foreign investment in Canada is at a 20-year high.
- Meet and exceed NATO obligations while building strategic autonomy: Catalyze half a trillion dollars in defence, security, and resilience investment over the next decade. Develop sovereign capabilities in critical minerals, AI, space, cloud, clean energy, and vaccines through a “dense web” of value-based partnerships (e.g., G7 buyers’ club for minerals, AI pact with India/Australia, EU defence procurement).
- Build sustainably, in solidarity with workers, and inclusively: Prioritize low-carbon homes, manufacturing, and trade corridors. Launch Team Canada Strong to train 100,000 new skilled tradespeople over five years with seamless education-to-job pathways. Ensure free, prior, and informed consent plus Indigenous ownership and benefits on major projects.
- Develop safe, sovereign, and beneficial AI: Release a new national AI strategy focused on safety, economic opportunity, better public services, and Canadian content/voices. Pair it with modern online safety laws, sovereign compute capacity, and broad public access to training.
- Deliver immediate affordability relief while protecting the social safety net: Cut middle-class taxes for 22 million Canadians, introduce a new groceries and essentials benefit (up to $1,800 for 12 million families), temporarily suspend the federal fuel tax, and maintain public health care, dental, pharmacare, and child care. Achieve this while reducing the deficit and operating spending growth from 8% to 2% per year.
- Take big, bold risks again: Target $1 trillion in nation-building investment over the next five years. Draw inspiration from Canada’s history (post-WWII housing/universities, St. Lawrence Seaway, Expo 67, transcontinental railway) and from astronauts who say “persist and we will win.”
- Give ordinary Canadians real agency and direct ownership: Introduce the Canada Strong Pass (cheap rail, free national parks/museums) to boost domestic tourism. Create the new Canada Strong Fund (sovereign wealth fund) that lets Canadians invest alongside the private sector and government in major projects (energy, ports, mines, tech, data centres) and share directly in the returns — unlike historical projects where all profits went to private owners.
- Make building the new progressive politics: In a more uncertain and dangerous world, actual construction — concrete, steel, and code — is the answer. Progressives must build for all, not just demolish or pine for the old order.
- Core message to Canadians: “It’s a more dangerous world. We have to take care of ourselves. And as Canadians, we will always take care of each other.” Build a country that is not just strong and prosperous, but good and fair — for all Canadians, all of the time.
PM Mark Carney speaks at the 2026 Global Progress Action Summit in Toronto – May 9, 2026 https://www.youtube.com/watch?v=m3zUvFqKANU
.
Prime Minister Mark Carney delivers remarks at the 2026 Global Progress Action Summit in Toronto. This day-long series of conversations and panel discussions is co-hosted by Canada 2020 and the Center for American Progress Action Fund
All right. Thank you. Good afternoon. Uh that's Thank you, Tim. Thank you for I This is where I get to thank you for
8 seconds
your
leadership and friendship. Tim is a friend. Didn't I before I was prime
minister, I wasn't his friend. Now I'm his friend. It's amazing. It's
amazing.16 seconds
But uh no, Tim uh and Susan Smith, Tom Pitfield, uh your leadership of Canada23 seconds
2020 over the years. Uh we first came Dina when we first came to Ottawa.29 seconds
God, 20 years ago. Um and uh you joined Canada 2020 and helped define the Canada35 seconds
we want in 2020. Yeah. Didn't include co didn't include a few things. Uh but much43 seconds
of that uh was built out and now we have an agenda going forward. Um let me um I'49 seconds
I'd like to uh I'd like to thank the organizers. I'd like to thank Global Progress. uh the Center for American58 seconds
Progress, which is part of global progress. Just to be clear, American progress is part of global uh progress.1 minute, 5 seconds
Johan, thank you. Tireless work uh energy. Uh I'm going to give a shout out1 minute, 12 seconds
uh I think appropriately to uh Matt Brown uh for his leadership over the years.1 minute, 20 seconds
I
mean this is a remarkable group of people that you brought together and
much of uh good of what has happened in the world has sprung from the1 minute, 27 seconds
individuals and the organizations around here. Um just uh before going into detail in my remarks and if you if you1 minute, 36 seconds
have
uh somewhere else to go and you understand French uh you can listen uh
for the next uh few sentences and uh and go off and enjoy uh Toronto.2 minutes, 4 seconds
Canada, the novel infrastructure,2 minutes, 11 seconds
the novel system.2 minutes, 19 seconds
the voila2 minutes, 27 seconds
the novel politic progressist now across2 minutes, 34 seconds
all
our countries I think this is safe to say across all our countries the
same conversation is taking place at kitchen tables on factory floors
and chat rooms2 minutes, 43 seconds
people feeling a loss of control it's a conversation that's been going on for a few years. Control or loss of control2 minutes, 50 seconds
over their cost of living. Loss of control over who comes across their borders.2 minutes, 56 seconds
Loss of control, we've just heard over what enters their social media feed.3 minutes, 2 seconds
Control or loss thereof of a technology that may displace, destroy their jobs before it improves their lives.3 minutes, 10 seconds
Control in a world that's more divided and dangerous by the day. And that loss of agency, control is the common thread3 minutes, 19 seconds
through all our politics. Doesn't respect ideology, doesn't respect the old leftright map. And it has fed a3 minutes, 28 seconds
politics of grievance, one that thrives on scarcity, feeds on division, and promises strength through demolition.3 minutes, 37 seconds
And it won't be addressed by the old ways.3 minutes, 41 seconds
And just as Marshall McLuhan, that's my necessary Canadian uh reference, Marshall McLuhan described 60 years ago,3 minutes, 49 seconds
our age of anxiety is caused by trying to do today's job with yesterday's tools and yesterday's concepts. And I thought3 minutes, 58 seconds
that was one of uh President Obama's main points last evening. A fascinating conversation um point that we need new4 minutes, 5 seconds
institutions as much as reimagining the old ones. And that was part of my uh argument at Davos that the4 minutes, 14 seconds
international rules-based order that we helped build together no longer works as it once claimed4 minutes, 22 seconds
that
we cannot restore that which no longer holds. That nostalgia is not a
strategy. We have to take the sign down and build a new. So with this
context,4 minutes, 33 seconds
what I want to do uh in my time is actually extend beyond my time. Um, sorry, just kidding. Don't worry. Um,4 minutes, 41 seconds
what
I want to do is say a few words about what we're doing in Canada. And
I'm not going to claim that we have all the answers, not least because
we have a4 minutes, 49 seconds
federal system and there are many fundamental roles of government,4 minutes, 52 seconds
particularly in healthcare and education for which we're not directly uh responsible. Um, but even though given5 minutes
that and even though we're just getting started, I believe there are some of the broader lessons for all of us.5 minutes, 7 seconds
So,
and part of that consistent with what I just said and said in Davos is
part of the way forward is to name plainly what's broken to say as
plainly5 minutes, 16 seconds
as possible how we intend to replace it and then do the hard work of building. I'm going to provide a few examples.5 minutes, 24 seconds
Housing is unaffordable in part because we haven't been building affordable housing. I mean, it's not a5 minutes, 34 seconds
tautology.
literally have not been building in this country as Mike Moffett knows
we haven't built affordable housing for about 30 years as a class.5 minutes, 45 seconds
So what we're doing, and it's not all the answer, but it's part of the answer,5 minutes, 50 seconds
is
to look to build affordable housing on a scale and speed not seen in
generations. And by the way, if you haven't been building affordable
housing5 minutes, 58 seconds
for
30 years, it's pretty easy to meet that bar. It's a low bar. We have a
higher bar than that. Um, but we're created a new public agency, Build6 minutes, 5 seconds
Canada
Homes, that targets deeply affordable housing. That means transition
housing for homeless all the way up the continuum to mixed income
developments.6 minutes, 14 seconds
Very importantly, variety of uh levers for that, including taking the very large federal land bank and making it6 minutes, 21 seconds
available.
We're looking to double the pace of affordable housing construction
using factory technologies familiar to many of you from Europe using of
course Canadian lumber and Canadian workers.6 minutes, 31 seconds
Cut
building times in half, reduce costs, and reduce embedded and operating
emissions each by 20%. We're also working with the provinces because6 minutes, 40 seconds
there's
a housing crisis right now and municipalities to cut what are called
development charges. If you're Mike Moffett and you're in on his Twitter6 minutes, 48 seconds
feed, you'll know what this means because he talks about it incessantly. quite rightly. Quite rightly, uh,6 minutes, 54 seconds
development charges. We're working with them to cut those in half and to cut taxes on new home purchases.7 minutes, 3 seconds
So, what does that mean? Translate that right here in Toronto, across Ontario,7 minutes, 8 seconds
but here in Toronto, that is a savings now as I speak today on new homes of up to $200,000.7 minutes, 17 seconds
That's affordability. Second example,7 minutes, 21 seconds
the truth is that building energy systems that are cleaner, more abund more abundant and affordable won't just happen.7 minutes, 32 seconds
And in Canada, we need to remind ourselves of that because we start from a very enviable position. We have the7 minutes, 40 seconds
second lowest energy cost delivered on the retail side and for industrials in the OECD.7 minutes, 46 seconds
More than 80% of the power generated in the country is zero emission.7 minutes, 51 seconds
But like many others, we need to double the scale of that grid over the course of the next two decades. That will7 minutes, 57 seconds
require massive investment, the linking of provincial systems. They're all islands. It'll require spreading the8 minutes, 5 seconds
costs of that generation over time using our AAA balance sheet so that rateayers today who are being crushed by8 minutes, 13 seconds
affordability concerns don't pay all the costs of those investments. Investments that will benefit all our citizens and8 minutes, 21 seconds
all generations over time and the planet of course over decades.8 minutes, 26 seconds
This is one of the big reasons why we have to do permitting reform, regulatory reform in Canada. It is an essential8 minutes, 34 seconds
reason apart from fundamental reasons of justice why we need new partnerships with indigenous peoples. And we need a8 minutes, 43 seconds
willingness, this can be sometimes hard to accept. We need a willingness to use all sources of energy including some gas8 minutes, 52 seconds
and all technologies beyond conventional renewables certainly to nuclear, hydro, small8 minutes, 59 seconds
modular reactors, carbon capture and geothermal.9 minutes, 3 seconds
That combination will ensure reliability and affordability and dramatically slash emissions across the entire economy.9 minutes, 11 seconds
That
is the point. That is the objective. And I'll just put some numbers on
this. You can't get away without some numbers from me. I'm sorry.9 minutes, 18 seconds
Our
current grid, all of that generation across the country, largely clean,
emits just under 50 megat tons a year. The emissions of heavy industry,9 minutes, 29 seconds
transportation, buildings in Canada is about 525 megat tons a year. The biggest prize9 minutes, 37 seconds
is reducing emissions affordably through electrification rather than purity in generation.9 minutes, 46 seconds
Third,9 minutes, 48 seconds
we need to build new trade relationships in order to move from reliance to resilience.9 minutes, 55 seconds
And it's truth that Canada has long benefit long benefited and we are very grateful. We have long benefit, we did10 minutes, 2 seconds
say thank you. Thank you. Um long benefited from our proximity to the world's largest and the world's most10 minutes, 10 seconds
dynamic economy. But as the US changes dramatically its policies, and that's the right of the United States, as it10 minutes, 18 seconds
changes those policies, many of our former strengths have become our vulnerabilities.10 minutes, 24 seconds
Now,
we still, to be clear, we still have the best trade deal with the
United States. Over 85% of our goods move tariff-free across the border.
But with10 minutes, 33 seconds
American tariffs, so-called 232 or strategic tariffs on autos, steel,10 minutes, 38 seconds
aluminum, forest products, I could go on, but in these so-called strategic areas, those are creating deep10 minutes, 45 seconds
challenges for workers and firms in those industries. Industries that until now had been highly highly integrated10 minutes, 53 seconds
with the United States to the benefit of America as well as Canada.10 minutes, 57 seconds
And our response begins by reimagining aspects of North American integration.11 minutes, 4 seconds
And to be absolutely clear, Canada, like Mexico,11 minutes, 8 seconds
like Mexico, Canada remains open to deeper integration, including options for Fortress North America in selected11 minutes, 16 seconds
sectors. And to be clear, those offers are on the table. But if that route is11 minutes, 23 seconds
not ultimately possible, we will invest heavily in new markets and products.11 minutes, 30 seconds
We'll reward those who build, buy, and produce in Canada, and we will build new partnerships abroad.11 minutes, 37 seconds
We're already applying the main lessons of the past 18 months, that we must build our strategic autonomy.11 minutes, 46 seconds
Now, that starts with meeting our NATO obligations. Meeting our NATO obligations. And it has to be said for11 minutes, 53 seconds
the first time since the fall of the Berlin wall, we are in the process beyond that.12 minutes
Moving forward of catalyzing half a trillion dollars of investment in defense and security and resilience over the next decade.12 minutes, 9 seconds
But
it means more than that. Building strategic autonomy means more than
defense and security. It means building new reliable partners abroad.12 minutes, 17 seconds
Partnerships abroad. We've signed in the last year 20 new economic and security agreements across five continents.12 minutes, 25 seconds
We're on track to conclude major trade agreements this year with India with Azan and Mercur.12 minutes, 33 seconds
And the early results of this strategy are encouraging. Non US exports are up sharply. We're on track to double them12 minutes, 41 seconds
this decade. Foreign investment in Canada is at its highest in two decades and it's running more than twice the12 minutes, 48 seconds
rate adjusted for the size of our economy of all other G7 economies.12 minutes, 54 seconds
And
we're making this progress. We're making this progress because Canada
is blessed with what the world wants. From energy to critical minerals,
from13 minutes, 2 seconds
aerospace to AI, we're making this progress because we have the values to which much of the world aspires,13 minutes, 11 seconds
including commitments to sustainability,13 minutes, 13 seconds
the rule of law, the belief that openness brings strength and mutual benefit.13 minutes, 19 seconds
And we're making this progress in part because we've recognized in some cases before others the degree to which in the13 minutes, 28 seconds
new world sovereignty requires more than a country just being able to feed fuel and defend itself. As important as that13 minutes, 36 seconds
is, it requires access to those critical minerals, to space-based communications, to sovereign cloud, AI, payment systems,13 minutes, 44 seconds
clean energy, and vaccines. And all of that demands partnership. And there's no one-stop shop for that partnership. We13 minutes, 52 seconds
need a variable geometry, a dense web of partnerships across those core strategic capabilities and issues drawing on14 minutes, 1 second
common
values and interests because it's those common values and interests
that will assure alignment and respect to those agreements. So from the
coalition14 minutes, 9 seconds
of the willing to support Ukraine where we're one of the largest per capita contributors to the G7's buyers club for14 minutes, 16 seconds
critical minerals and our AI partnership with India and Australia for Canada. This also includes being the14 minutes, 24 seconds
only non-European country to join safe the Europeans European Union's defense procurement initiative and it includes14 minutes, 32 seconds
intensifying defense security and economic partnership with the Nordic countries.14 minutes, 39 seconds
Now talking about building building partnerships building directly but I want to focus on what is just as14 minutes, 47 seconds
important as that physical build which is how we build. how we build. We're focused on building sustainably because14 minutes, 55 seconds
re reducing emissions is not just a moral duty, it's an economic imperative. So that means those lowcarbon homes,15 minutes, 2 seconds
lowcarbon trade corridors, lowcarbon manufacturing, zero carbon energy.15 minutes, 8 seconds
We're building in solidarity with workers. Our focus is on creating good union careers for electricians, welders,15 minutes, 16 seconds
carpenters,
pipe fitters, the engineers who will build the homes, the ports, the
energy systems of this country. Two weeks ago, uh we just created
something15 minutes, 25 seconds
called team Canada strong and it's a soup to nuts. It's not cradle to grave,15 minutes, 31 seconds
but 15 to uh uh education to job, soup to nuts, uh approach to train up to15 minutes, 38 seconds
100,000
new highly skilled trades people over the next 5 years, giving young
Canadians a seamless pathway from first job to skills training,
internships,15 minutes, 50 seconds
qualifications, job uh placements in a country that will be building for decades. So this is a pathway to a15 minutes, 57 seconds
career that we will pay for. We're building inclusively in close partnership with First Nations, Inuit and Matei.16 minutes, 6 seconds
That means free prior and informed consent on major projects. It means financing indigenous ownership in those16 minutes, 14 seconds
projects and significant economic benefit in their construction and operation.16 minutes, 21 seconds
So when we're building physically, we're building inclusively, sustainably in solidarity.16 minutes, 28 seconds
And
as this group has been talking about over the last 24 hours and living
uh in your day jobs, these same values must hold when we build
virtually.16 minutes, 41 seconds
The question is whether AI will certainly will transform our our lives,16 minutes, 47 seconds
but the question is whether it will improve the lives of all Canadians or benefit only some. Canadians want AI16 minutes, 55 seconds
that's safe and sovereign. You just heard from Minister Solomon. AI that creates new economic opportunities,17 minutes, 1 second
strengthens public services, improves our quality of life. and our AI strategy is about to come out. We'll seek to17 minutes, 8 seconds
advance
those objectives with modern online safety laws. One of the advantages
of being late is we're taking the lessons uh from others including17 minutes, 17 seconds
Jonathan uh heights uh advice that we just saw.17 minutes, 23 seconds
We're
focused on secure government systems as others are, sovereign compute,
including with partners in Europe and and abroad. Broader access to17 minutes, 32 seconds
AI, broad access to AI training and education, and education that represents Canadian voices, languagees, and cultures.17 minutes, 41 seconds
Now, building big takes time, and people are feeling the pressures of everyday life, the affordability crisis right17 minutes, 50 seconds
now.
So what we've been doing in parallel with this is giving Canadians a
boost today and a bridge to a better tomorrow. Our first act as
government17 minutes, 58 seconds
was to cut a series of taxes, including middle class taxes for 22 million18 minutes, 5 seconds
Canadians. The last few months, we've launched a new groceries and essential benefit worth up to $1,800 for Canadian18 minutes, 13 seconds
families that affects 12 million Canadians most in need. Like many others, we've suspended a federal fuel18 minutes, 20 seconds
tax uh for the course of this summer given the severe price increases18 minutes, 27 seconds
and we've maintained our social safety net crucially and that's taken tough decisions. We're reinforcing the18 minutes, 34 seconds
soundest fiscal position in the G7 so we can maintain those supports. And despite18 minutes, 41 seconds
the tariff war and actual wars, we've reduced our deficit. We've reduced operating expending operating spending.18 minutes, 50 seconds
So away from transfers to individuals,18 minutes, 52 seconds
we've reduced that spending growth which had been running at 8% a year for 10 years.18 minutes, 58 seconds
We've reduced that to 2%. We're including making difficult decisions,19 minutes, 3 seconds
reducing 10% of the civil service and 20% of our spending on consultants. We're maintaining the lowest deficit,19 minutes, 11 seconds
the lowest net debt to GDP ratio in the G7 while we reinforce our social safety net that includes public health care,19 minutes, 19 seconds
public dental care, public pharmarmacare, public child care. Now,19 minutes, 24 seconds
the final imperative I wanted to mention is perhaps the most difficult. Uh it's19 minutes, 31 seconds
the most difficult given the extreme uncertainty and immediate pressures people are facing.19 minutes, 40 seconds
It's this. We have to take risk,19 minutes, 45 seconds
big risk. We have to take risks again because in a crisis, fortune favors the bold. And so what we're doing is to19 minutes, 54 seconds
motivate
that risk takingaking, taking risks as government, but also drawing on
Canada's history, on examples, and giving people agency.20 minutes, 4 seconds
History
is the easy bit. Canada was built by indigenous peoples, voyagers who
mapped this continent and built trading networks from coast to coast to20 minutes, 13 seconds
coast before, with due respect, the Americans had even left St. Louis.20 minutes, 20 seconds
Whenever we have something over the Americans, we're going to use it. I'm sorry. After the after the Second World War,20 minutes, 28 seconds
Canadians built new neighborhoods for hundreds of thousands of returning veterans, new universities, the St.20 minutes, 32 seconds
Lawrence Seaway, the TransCanada Highway, Expo 67, inspiring the world.20 minutes, 37 seconds
The point is we used to build in this country and we're building again. Big,20 minutes, 43 seconds
fast, bold. A trillion dollars of investment is our target over the course of the next 5 years.20 minutes, 51 seconds
Second, we're drawing on examples. I can think of no better one. Um, by the way,20 minutes, 57 seconds
if you ever want inspiration, in interview an astronaut. Um uh last month I had the uh the privilege of speaking21 minutes, 6 seconds
to the crew of the Integrity and I asked Canada's I asked them I asked Canada's astronaut Jeremy Hansen uh about advice21 minutes, 14 seconds
uh for Canadians and he advised us that we have to be willing to take21 minutes, 21 seconds
risks.
This is a quote. We have to be willing to take risks. recognize that
there'll be setbacks, push through them because, in his words,
ultimately know21 minutes, 29 seconds
that we are going to persist and we will win. Thirdly,21 minutes, 36 seconds
giving people agency. This goes back to taking back control.21 minutes, 41 seconds
So, in the tariff crisis, and I don't think it's an overstatement to call it a tariff crisis, the response of Canadians has21 minutes, 50 seconds
been exceptional. Canadians have been keen to buy can do their bit effectively do their bit. Buy Canadian visit their21 minutes, 59 seconds
country. So help make that happen. It's clear labeling. It means the government following their example with a by22 minutes, 7 seconds
Canadian
policy which we now have. It means seemingly little things but
incredibly important things. Uh we introduced something called the
Canada22 minutes, 15 seconds
Strong Pass which meant cheap rail travel for youth and families. Free visits to national parks, museums,22 minutes, 22 seconds
exhibitions over the course of the summer. We extended over uh the holidays in the winter and now over this summer.22 minutes, 28 seconds
Huge increase in domestic tourism and spending uh you know up to depending on how you measure it around 20% uh22 minutes, 37 seconds
paralleled by about a 35% fall in crossber visits.22 minutes, 42 seconds
means something else as well. We are in the early days of creating a sovereign wealth fund. Now, we're not short of22 minutes, 51 seconds
capital
in this country. We're not short, as I mentioned earlier, of capital
that wants to come in and invest in this country. We are going to create22 minutes, 59 seconds
a
tremendous amount of wealth in this country through these nation
building projects. That is going to benefit all Canadians. It's going to
benefit their children, bigger economy, better jobs.23 minutes, 11 seconds
But we also think that Canadians should have a direct access to the wealth that's created. So when those ports get23 minutes, 18 seconds
built, when that energy infrastructure gets built, when that critical mineral mine gets built,23 minutes, 25 seconds
Canada, Canadians more specifically take a slice alongside the private sector.23 minutes, 31 seconds
The
new Canada Strong Fund will invest in major ambitious Canadian projects
across energy, infrastructure, mining, agriculture, technology, data
centers,23 minutes, 40 seconds
right alongside private investors. And so for the first time in our history,23 minutes, 45 seconds
Canadians will benefit directly from those economic returns.23 minutes, 51 seconds
You
know, I'll stop here and I'll just mention two other things. Um, one is
when we built the country, if you know your Canadian history, I
mentioned23 minutes, 59 seconds
history
as a motivator. Um, one of the most iconic uh, projects was the
original national railway, Canadian Pacific Railway. Uh, which linked
the24 minutes, 8 seconds
country
together at a time when our sovereignty was threatened uh, and we
needed to link British Columbia in the west to the provinces uh, in
central Canada in the east.24 minutes, 18 seconds
The
federal government did many things to make that happen. It was the
right thing to do economically and for sovereignty. All of the returns
went to24 minutes, 26 seconds
Lord
Strath Kona and well Lord mainly Lord Strathcona now that I think about
it because if you go across the country you'll see a lot of things
named after Strath Kona.24 minutes, 39 seconds
It's going to be different this time.24 minutes, 40 seconds
We're
going to share those benefits and we're going to allow Canadians if
they have a little bit of money to put it in alongside. They don't have
to,24 minutes, 48 seconds
but
if they have a little bit of money they'll put it alongside. they'll
get the government of Canada return. Uh if they want to take it out in
the short term, they'll get the bigger return if24 minutes, 55 seconds
they leave it in longer term. And I will tell you from going across the country,25 minutes
that's what Canadians want to do. They want to do their little bit to be part of the solution. Let me let me conclude25 minutes, 7 seconds
and
this I'll tell you something. You know, I've probably told you
everything I've said. You you know, but uh you know, those whose
politics is to25 minutes, 15 seconds
destroy, to demolish, dismantle, they're not going to change their instincts.25 minutes, 20 seconds
This is many respects. This is this is their moment, right? Um we can't match them by being timid imitations of them.25 minutes, 28 seconds
Uh we can't answer them by pining for an old order that's not going to return.25 minutes, 34 seconds
And the loss of control that people feel that feeds our age of anxiety, it can only be answered only be answered by25 minutes, 42 seconds
positive action by building that which comes next. you know, through the crack in the bell, as Leonard Cohen said, uh,25 minutes, 52 seconds
through the rupture that the light gets in.25 minutes, 55 seconds
In this more uncertain world, building for all, actual building, concrete,26 minutes, 2 seconds
steel, and code is the new progressive politics.26 minutes, 8 seconds
And
our message, our message to Canadians right from the start has been
reflecting back what we've heard. It's a more dangerous world. We have
to take26 minutes, 16 seconds
care of ourselves. And as Canadians, we will always take care of each other.26 minutes, 22 seconds
Building a country that's not just strong, but good. Not just prosperous,26 minutes, 26 seconds
but fair. Not just for some most of the time, but for all Canadians all of the time.26 minutes, 38 seconds
Thank you very much. Thank you for your commitment to Canada. Thank you for letting me this time. Thank you.26 minutes, 43 seconds
[applause]
JUSTin TRUDEAU leaving a Canada2020
event at the Chateau Laurier
