I Interviewed The Prime Minister of Canada on Housing and the Economy
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- Опубликовано: 7 июн 2024
- I had a unique opportunity to interview Prime Minister Justin Trudeau on the recently released budget, the Canadian real estate market, the economy, and financial literacy.
Wow, driving around in that McLaren really opened some doors for you!
Your sardonic wit is always appreciated, Mr. Boyle.
Resident financial comedian strikes again
@@user-oj7uc8tw9r Comedian? I thought he was a rapper
😂😂😂
please get off richards page and get back focused on Rap Music, sir!
Not really sure who this Trudeau guy is, but he must be important if he's made it on to The Plain Bagel.
😅
Exactly what a lucky guy
totally. congrats to this Trudeau fella for making it on to the channel.
He sure likes to think he is.
😂
Incredible. I remember back when Justin was just the son of a well known politician. But now he's being interviewed by one of the most respected finance channels on youtube.
Yes, the son of Castro
Trudeau Sr caused canada to lose a decade of productivity. Welcome to round three
@@RussianBot382 castro would be unironically a better pm than trudeau
Trudeau is a fool
Help, the random financial RUclipsr I watch has a better interview with my prime minister than any news station
I can't believe the PM got to meet such a nice bagel. He's so lucky
This should be top comment
😅😂😂
Looks like he got the cream cheese
He’s a terrible prime minister,
everyone in Canada does not like him.
@@skydonebroke better than the last one
you don't speak for everyone
Such a privilege for Mr Trudeau to be able to associate himself with such a high class quality economics producer.
High class?
@@MikeyPaper What I meant by high class is superior quality ie first rate. Intro alone demonstrates someone who has integrity, honesty and respect for viewers/listeners. As we’d say in Ireland “real classy”
If you don't ask Trudeau the elephant in the room which is the uncontrolled growth of the population that is causing the housing shortage why would you have him there.
Not deserved.
Thoughts on the interview...
He completely dodged the first question about how to define the middle class.
His ideas about increasing the supply of homes seems at least plausibly good ideas, though the mention of AI felt like throwing it in for the sake of the buzzword.
He seemed to sort of dance around the question asking how you make housing more affordable without damaging the economy of real estate investment. He answered that they're trying to balance this, but that's impossible. If you bring the price of houses down, the people who bought them as an investment will lose value, and if they see the supply continuing to increase, then they'll know that housing will continue to lose value, further damaging real estate investments. Now maybe the answer is that they shouldn't worry about real estate investments, and that's a valid stance to take, but that's not the one he took in the interview.
His answer to the productivity question pointed to a lot of good data points about Canada, which, while giving credit to the Canadian economy, doesn't really talk about the question of productivity. Though his thoughts about leveraging Canada's good financial position to help the country is interesting. It makes sense to a point. But it can also be taken too far, leading to squandering their good financial position.
His idea that childcare is not only a social program but also an economic program is a good one. It's a cost, but sometimes, it takes spending money to make money. If spending taxpayer money on childcare lets parents stay in the workforce, that generates economic growth, leading to more taxes being collected to offset that expense. Similar with the spending to attract the foreign investments. It could be seen as cooperate welfare, but if that spending leads to good jobs for the area, that can be a win-win situation. Whatever deals there are would need to be structured in such a way to ensure it actually works out well for Canada and the people, not just good for the business.
Pointing to RUclips videos as a place to understand these complicated topics was not what I expected, but it makes a lot of sense. I don't trust the mainstream media to give me an understanding of the complicated topics. But I learn a lot about these complicated issues from Plain Bagel and other RUclips channels. Granted, some of them are also all about outrage, but there are good ones out there.
Disclaimer: I am not Canadian nor do I know anything about Canadian politics. But it was still very interesting to hear Trudeau's thoughts here.
I scrolled way too far to see a sensible evaluation of this. Well said! :)
@@Nieghorn I try being sensible...doesn't always work though.
You can't define something that doesn't exist.))
Also not canadian but I very much agree with this summary. Obviously he is a politician and he is using it to appear open and approachable but I think that overall it was better than many other politicians.
Yeah, the major issue with removing housing investment incentives is... well... every country that has implemented them has made it dumb not to invest in property if you have the money, and that includes politicians (it is particularly bad here in Australia).
And even if they shouldn't ideally be building policies on what they themselves benefit from, we live in the real world and humans are predominantly self focused individuals if not forced otherwise.
I would be interested in you doing a retrospective on your interview, and comment on where you agreed, or disagreed with the PM's answers. where you would have pressed further, and what follow up questions do you wish you would have asked.
The fact that you've been so objective, apolitical and respectable, is what gave you this opportunity
That’s why I love this bagel channel. I don’t know anything about economics but he makes it easy to understand, no drama, no stupid clickbait, stays objective and on topic.
He said nothing of note worthy,
Just stuff that lets him continue interviewing people.
No es apolítico
In other words- Trudeau agreed to do this interview because he knew there’d be zero hard questions or pushback.
@@skydonebroke then give us your serious question
Say what you will about Trudeau, but this is a massive win for Bagel and financial RUclips
Trudeau is still an authoritarian prick who's destroying his country liberties and importing massive inmigration to appease real estate investors, even if it's destroying canadians quality of life.
He's destroying Canada.
Soft-ball questions and allowing the interviewer to lie makes Bagel look political despite his best wishes. This is financial RUclips becoming boot lickers part of governmental propaganda; any talk of bill C-10? So whatever I thought of Trudeau this interview has stained Bagel for me.
Trudeau ducking sucks with the new laws that censor the Internet for Canadians,
Don’t vote.
The PB has proven his is a partisan propagandist for Trudeau. He challenged nothing that Trudeau said, and only acted like a mindless Stan.
“How do you define the middle class?” .. “well, it’s how Canadians see themselves..”
Okay dude 🙄
I’ve often wondered what this NDP/Liberal prime minister’s definition is of that.
There's no good way to answer it, because everyone thinks they're middle class. People who make $500,000/year think they're middle class. NYT did a long article on this a few years back. There's no way to answer it honestly in a way that won't lose votes.
Right? Most of us self identify as middle class. Self own.
My jaw dropped when i saw this notification.
Congrats on this opportunity, Richard!
This is a really good interview. I liked the lack of trying to have a 'gotcha' moment and letting Trudeau just speak, I believe, made the interview much more productive.
Given the limited time, there wasnt much he could do to drill into the discussion anyway. 20 minutes isnt enough to get through a lot on these topics.
Exactly, the footnotes really help to give context to the complicated topics discussed!
They call that soft-ball interviews...
Don't blame him, it's a nice bit of practice if he wants a mature career
I understand he had to throw softballs and most likely get his questions approved beforehand. It's a big opportunity for him
This is an absolute W. Not only for the channel, but the comments are nothing but positive. Nobody is getting political, we're all just supper happy that Richard got such a great opportunity!
Well, in this case specifically, "getting political" seems quite ok, no? It is a politician talking politics right there. I think perhaps by "getting political" you mean when people rage at each other, which is not an inherent characteristic of politics, though given how deeply it can affect people's lives, some level of passion is usually to be expected.
probably blocking the negative comments. Trudeau needs to go for all the damages he has done to this country
You tube uses AI to filter out negative comments. They've been doing it for a while now.
@@lamine38 🙄
Jesus christ parasocial relationships have gotten so common now adays
As an american, the most incredible part of this interview was listening to a politician who can string together more than 2 sentences in a coherent manner.
You should watch the last Prime Minister, Stephen Harper. Way smarter and less phony intellectually. Harper was political like all politicians, but he had a much better grasp of the economy than Trudeau.
Smooth talkers are the worst type of politicians tbh
@@caracallaavg Especially those who have not had ANY experience in real world before becoming a PM (teaching in high school does not count).
True, Trudeau is fairly well-spoken but most of us in Canada still dislike him. He’s a narcissist phony who rarely answers a question straight, and he’s led us into some tough financial times by boosting immigration while gatekeeping housing development. He’s also just not very smart to be honest. I don’t loathe him, but he’s not a great Prime Minister. Biden is actually better at his job than Trudeau is, believe it or not 😂
He was a drama teacher .
Bro really mentioned "AI" as something that might relieve the housing crisis 💀💀💀
you mentioned at the end there were a few points that you didn't agree with or would have wished to press further on. I was thinking that might be a worthwhile follow up video to highlight a few of these and go in more depth on what he's talking about and maybe why you disagree or what you would have liked to hear more about from him.
i second this
I made a comment on this too
Agreed, I think that would be really interesting!
Ya I was curious about that also
I would definitely watch that follow-up video!
It's so nice of Plain Bagel to give exposure to smaller creators to help them grow
Finally, Trudeau being interview by someone who truly knows about finance.
This. 🙌🏻
This was a surprisingly enjoyable random thing to see on my RUclips feed. The latter half of the interview gets really good. Glad that you agreed to do it.
No freaking way! Kudos Plain Bagel!
Kudos for Plain Bagel ... Unfortunately, this wave of socialist politicians is increasing authoritarianism, state overreach and legal insecurity ... encouraging persecution, discrimination, censorship and even crime ... sooner or later it will have a major negative effect on the economy !!!
Way to go Richard, what an incredible milestone!! 🙌 You're an inspiration, especially to us on the Canadian side! 🇨🇦
I like how Richard is dressed like any of us would in such a setting while the PM has got his sleeves rolled up and collar loosened in a relaxed air.
You did so well man, and I especially like the self critique. Shows people what they could be expecting from the seasoned journalists too when they don't, so feel free to actually state what you disagreed with and how you would have liked to have pressed. It's all part of critical thinking. People on this channel saw a good example just now of how they can disagree with your objections so it would be good practise. A video like this would not be tarnished by your injection of bias either, you don't do it on every video so it would be consistent for you to comment on topic with rational reasons and carefully structured disclosures like you do. Perfectly reasonable and in keeping with the channel's ethos imho.
As a non-Canadian, you are the only person that would make me listen to this man that I have no political interest in.
😂😂😂same
Same, but as a Canadian
As a canadian, Bagel the only guy who can come close to getting me to watch trudeau without getting really angry / upset (couldn't actually watch the vid)
~a random canadian subscriber
tbh i sometimes finish the plain bagle vids just because i want the algorithem to think he has great watchtime
@@nabilelias2310 bruh, am gonna start play all'ing his vids when I step outtah the house lol
Oh wow, regardless how you feel about Trudeau, it's a big win for Mr. Bagel
These are soft ball questions , even the CBC asks tougher questions than this.
@@huhujojo1968 you mean a RUclipsr getting arguably the chance of a lifetime didn't push anyone's buttons by asking hardball questions? color me shocked! you know what CBC and other media do that Bagel didn't, give the man time to actually answer a damn question. mind you i didn't like all of his answer, but it was refreshing to actually hear them in their entirety before any follow up questions. gave me time to actually consider my own opinion on the topic and compare it to the outlook presented by our PM.
@@rwagingsloth9528 So what you are saying is because he is star struck by Trudeau in this once in a life time opportunity he shouldn't be tougher than a pro-Liberal news media like the CBC ' Trudeau is a very manipulative professional politician where you have to ask the same question five times and he will be very creative in not answering it.
The CBC can ask hardball questions for the very reason they’re not small, indie news. The ability to have a national broadcaster is beneficial when they’re not beholden to anyone for financial gain, like how the Bagel would need to ask softball questions in order to have a second interview. I swear conservatives can’t see through their hate for the current administration to recognize the benefit of a public broadcaster. Was the CBC a liberal media outlet when the conservatives were in power?
McQuestions for a psycho narcissist
Greetings from BC! Objectively, this was a great interview and discussion. It stayed on topic, the questions and answers were well thought-out and detailed, and it didn't get bogged down in the usual politics of mud-slinging at other parties. A longer interview would have been awesome to allow a little bit more pressing or follow up points. I also really enjoyed the extra context provided at the bottom and would definitely look forward to more financial interviews of this format, especially focused on Canada.
You nailed this moment, well crafted questions.
Question Time Stamps:
00:00 - Favourite bagel type
02:18 - Defining Middle Class
03:08 - Housing Crisis
06:14 - Challenges for implementing the housing plan
07:34 - How do you make properties more available
09:13 - Changes to tax structure
11:19 - Balancing capital gains changes
12:22 - How does Canada compete for capital
16:29 - Role of government managing markets
19:18 - Balancing oil and gas with new tech
21:12 - Financial literacy
Trudeau doesn't understand financial policy
Not all heros wear capes
thank you!!❤
Justin Trudeau showing us that he understands Bagels viewer base and is well aware that he is speaking to an international audience.
Kudos Bagel
I noticed he dropped his gay culture lisp
I noticed he dropped his gay culture lisp
@@boyjimini11last time I checked there was no such thing as "Gay Economics".
Also, I think Trudeau would find himself hard pressed to insert that topic into what was, for the most part, a sober discussion about his vision for a set of Keynesian style policies for the remainder of the decade as well as the sectors Canadian state wishes to foster under its umbrella - chinese style.
All I heard was "Critical Minerals", and that was all we needed to hear anyway.
Or to millennial that do not have TV and can vote lol
Trudeau doesn't understand fuck all lol
It's crazy to see how fast you've grown! Never would have thought to ever see interview somebody as high in government as the PM of Canada! Truly has been a great experience being with you since the beginning!
I love your honest intro before the interview. Lots of integrity there. Kudos.
That went about as well as it could’ve gone. You’re never going to get in depth answers from a PM typically, but it seems like he really did go into greater depth than usual because you built rapport and asked some smart questions. It’s a delicate dance interviewing politicians and you did it great, especially for a first timer!
Honestly, compared to most soundbite focused interviews with PM's/politicians, I thought this had a fair bit of nuance/depth.
@@DreamsOfRyleh nuance?
He didn't really answer the middle class question. He just said the current generation feels like they can't make it and moved on....
That's because "the middle class" is ambiguous and doesn't actually exist.
@@bigsteppa298 because he doesn't actually know the answer lmao. When you don't know the answer, you deflect. You can easily gauge the intelligence of someone with questions like that, and unfortunately Justin is not as bright as his father.
I think your conclusion is a pretty strong point, and I look forward to your post-interview analysis for a bit more depth. Trudeau made some good points but was definitely primed to pack the airspace with his talking points. It's a little disappointing that time constraints protected him from pushback, but also heartening that the points themselves were mostly solution oriented rather than defensive, combative, morality hand wringing, or otherwise focusing on _blatant_ emotional appeal.
It speaks well of your channel that this is how Trudeau or his campaign advisors chose to appeal to your audience.
Interviewing a PM is Dark Souls difficultly. Time constrains or not, you need to be a god like interviewer to follow a line of questioning, as they have so much more experience, forcing you to think faster than they do. Such skill is as rare as the leaders. He did very well for a rookie going beyond the baseline of appropriate questions and speaking clearly. It's very easy to get blinded by raw charisma. Trudeau lowered the difficulty a lot because he cares, pre-emptively answered follow-up questions, is honest, knows what he is talking about and wasn't out for blood or to "Win" the encounter.
@@oohhboy-funhouse > Trudeau lowered the difficulty a lot because he cares
Hahahahaha, Trudeau caring about anyone or giving the public honest answers... HA! Good joke.
Still hasn't nominated anyone for the Ethics Commissioner for almost 2 years now. But obviously that's because he "cares".
@@CanadianEhHole your comments did not add anything valuable to the conversation.
Good job Bagel man, don't be too hard on yourself. As you said, to answer back on an answer in an interview takes experience. The next time, and I hope there is one, you'll be even better!
Fantastic. I needed this balance to the endless whining in the Globe and Mail and Financial Post. Please please please get Poilievre and Singh on! Let’s see how they handle a long format convo on the economy.
I'd like to see Poilievre and Singh just to see the balance.
I'd like to hear the conservatives' solutions instead of simplistic talking points designed to be clickbait.
Lol how much does the lpc war room pay now at days?
@@DigSamurai This 100%. Trudeau is bearable when he doesn't feel threatened, and it felt like he had some solid points. Still can't stomach him and some of his positions, but I at least feel the country isn't entirely fucked.
I would love to hear the same from PP
What the hell. Congrats dude. This is crazy
Lmao the favorite bagel type question I thought he was about to kill the question by just saying plain bagel but had to throw that sesame on it lol
I don't even know if you can get a plain montreal bagel from St. Viateur
And he went with the 2 spots tourists know about.
@@pex3 they make everything bagels now. Classic sesame seed is still much better.
Such a fail answer: "Plain Sesame" He clearly just trying to appeal to the audience but then realized he doesn't actually relate to us. Plain bagel was a symbol of austerity; Trudeau classic elite!
He's not allergic to sesame seeds... Darn it! Ok, don't panic, initiate Plan B: peanuts! We'll find a way!
Damn, I can't say I'm learning economics from a Casual youtuber anymore.
Hope you'll still make videos when you become minister.
This is great - we need more long form conversations so we understand the problems better.
Congrats bagel! Big win. This is also the best interview I’ve seen of Trudeau in a while. No 30 sec sound bites but an actual interview.
He is constantly slammed in the media (including social media), and he wasted taxpayers' dollars calling that last election, but I remember watching him in the debates and he sounded like the grown-up surrounded by bickering children. I can't really stand watching his sound bites, though, he sounds so fake and never gives a straight answer to anything. I know many Canadians are not happy with him, but he's not as bad as they make him out to be, either, and I feel that if people really want a change in leadership, the competition has to step up its game.
@@fiattenebris As long as you’re not someone with unacceptable views that takes up space then you have nothing to worry about right
Big props to the communications team!
This definitely made me smile ear to ear ... So great to see govt realizing the value of indie journalism
It's taken them long enough to realize that the next generation of voters aren't all going to be camped in front of mainstream media.
The kids who will be the next voters are all going to be consuming ever more news online and mostly from good quality ones like Richard.
You now I didn't think of it until reading your comment.....wondering if Bell's recent lawyoffs would have any influence.
This is the same government that has passed bills that will hurt Canadian content from small individuals, particularly on platforms like RUclips.
He's on campaign mode, hence the several programs he's promised lately. He wants to fix his poll numbers by indirectly buying votes.
This is great. Im glad that these interviews are happening and its you having them being the objective fact driven Bagel we love!
Zoning laws contributing to our housing woes has been understated. Edmonton took big steps not too long ago and it shows in the prices. Which makes the fighting and heel dragging of the Alberta government even more frustrating.
This is on top of real estate being the most favorably taxed asset bar none. What else do you get to exclude completely even while you're getting the full usage and benefit from?
Another thing he briefly mentioned was red tape, as someone who worked in construction and has worked along a Canadian crew two times in my career it was interesting to see their surprised at how quickly we can move a project along down here. In no way am I saying the US is better than Canada or anything like that but the electricians just kept saying everything we did would have to be inspected pretty much every step of the way.
That was almost a decade ago so I'm not sure if things are still the same way but it was eye-opening to see what other Crews had to go through to get the same job done
@@96ej They're likely the same way. Building codes in Canada are Provincial jurisdiction, so I can't speak for every Province. I'm also not an electrician (or really even a tradesperson. I'm an auditor by profession. I just do a lot of renovation on the side). However the building code for the two Provinces I've worked in are so unchanged that my partner, who _is_ a tradesperson, was given an 20 year-old copy to study for her Red Seal.
> Zoning laws contributing to our housing woes has been understated.
Hasn't been understated, that and building regulations is all the federal government puts the blame on.
At the end of the day it's still the immigration numbers. Toronto and the GTA has seen so much construction in the past 10 years, they've built condos everywhere. There are new subdivisions popping out everywhere in the area, from 30min from Toronto to 2 hours from Toronto.
It still hasn't kept up with demand because the government can always stamp visas faster than you can build an entire condo -- no removal of zoning laws or construction regulations will change that.
For home prices to go down, this government MUST be removed. I do not trust them for a single second to not instantly increase immigration numbers the second the new housing numbers go up even more.
They either don't understand the primary cause of the recent rise or they just don't care. They admitted they'd cap immigration numbers but that was a lie. They gave it 2 more years of increase, capping it on the election year... which would increase after if they manage to win (which thankfully is looking like that's not possible).
@@CanadianEhHole its a trade off between housing or our birth rate issues which have now been temporarily solved for the next 10 years. This has real consequences as this is one of the contributors to demand as we have a huge retiree class and the long term effect of ineffective interest rates when you have sustained demand from this group as they sit in their homes and don't transfer intergenerational wealth
@@gambit0913our birth rates vs immigration rates are completely misaligned. This does not fix anything. Our student visa system is being abused by criminals left and right. I know people personally who had kids here just to leech off the medical system while taxpayers suffer. It is atrocious
Thank you for being one of the pillars of fiscal education for Canadians. Having you meet people where they are (on social media) is impactful, more than a government program likely could ever be.
You are a bery thoughtful interviewer. And it showed in your preparation.
Thank you for taking the time to ask him the quesrions!
Wow dude, this is awesome. Very happy for you. I understand its not going to be as technical, but having this on your resume will open doors. Maybe you can do more of these types of interviews with some economics professors or economic policy makers.
It also would be nice to do a follow up video and go into detail about the things you agreed and disagreed with.
Wow come along way from when I first started watching. That's awesome Richard.
now that is a fucking title.
As an American, I never heard him talk. Thank you for bringing this to us.
He should have Biden on next
"my first time interviewing a world leader" lol I enjoy your content. Very happy how successful your channel has become. keep it up!
Kudos to you for doing such a great job not only getting an interview with your nations Prime Minister, but asking great questions. I think you should feel very proud in your country and leadership. I can't see the current USA Republican candidate being as well spoken and direct as PM Trudeau was. Great job.
Neither Republican nor Democrat I would say. I think Bernie would be the exception, but the way he got conned twice by the DNC is one of the reasons that made me lose faith in US politics and made me choose to move to Canada instead.
I would love more of a follow up to this where you can unpack some of the nuance of this conversation, but obviously don't do any more politics stuff if it's too far removed from the focus of this channel.
Nice work Mr. Bagel!
As an aside, it's strange to see kids in gov, in the US the only options seem to be surplus stop motion skeletons from the old Jason and the Argonauts serials. The words "government money" left a bad taste in my mouth--but that could've just been the municipal donut I was eating while watching.
Thank you. Keep up the great work sir.
Did he just say AI is going to help build homes? Easy there, buddy. Not there yet.
Why not??? 😉 That is the new buzzword that will catch the attention of the the younger generation.
Probably in a distant galaxy, in a far far future. Now you buy 40years cardboard house for 500k.
He just throws buzzwords he’s a politician. He got no plan to fix anything. He just pandering for votes
I'm assuming he meant AI could possibly help with brainstorming ideas for designing places more efficiently or cheaply.
The most charitable take I can give is using AI to analyze data for optimal land use. I'm not entirely sure if that's what he meant.
You are really a Canadian superstar and this is obviously huge for your channel. Congrats and keep up the great work
Great Job Man, This is solid Evidence that your hard work is paying off. You did really well considering you don't have much practise interviewing and going straight to the biggest fish.
I like your disclaimer before the actual video ❤❤❤... this is why I love your channel
Glad you added the caption re: Net Debt/GDP vs Gross Debt/GDP ranking.
Great interview! dude kudos to you to pull that off. Actually, Trudeau seems more grounded than I thought and has a reasonable view of things. By the way, I love how you casually introduced your interview with the Prime minister in this video as something that is not a big deal, but it is!, again I love your style. Cheers,
Naaahhh.... just his gimmick
He isn't grounded at all. He's all talking points, completely scripted at all times. Go look at his video where he talks about drinking water from paper bottles. That lasted 1 planned press conference. He's never been seen again with those bottles after he was made fun. He does what his advisors tell him to do. Poll numbers look bad? Switch off to a different strategy.
Old clip of him and his now ex-wife talking to one another, I believe when he was entering politics, and he spoke as if being PM was destined for him, that it's his divine right. Even his ex-wife had to try to take him down a notch or 2 in the moment.
Very few politicians are grounded but Trudeau is one of the furthest from it.
there's no wayyy bro, this one's gonna go crazy
it makes sense that you had to seize the opportunity. I opted to read the transcript and it seems like you nailed it in the intro “election prep”
Congrats, my friend. I agree with your disclaimer at the beginning to view this interview through an "election lens". A lot of broad, generic answers aimed at "young folks". Not a lot of nitty gritty or substance from him, but you asked some great questions. Kudos to you. So proud of what you've accomplished on this channel 👏
Amazing!! So cool to see you do an interview with the prime minister. Big time!
Congrats Richard on getting this. Big deal no matter what. Keep on making your great videos!
Glad youre getting opportunities like this. Would love to see a follow up video with more information added, critical or clarifying etc.
This was pretty good! I would love to see you do a video going over this conversation to expand on what you agree and disagree with in regards to Trudeau's responses.
Thanks for providing a simple good interview without falling into partisan traps and gotcha moments. It was refreshing.
No matter the political beliefs held, this is a momentous occasion for the plain bagel. Congrats!
Thank you for adding fact checking and supplementary info in the video without interrupting the conversation flow!
The questions are amazing, it’s really impresive well done !
All we want is affordable housing and to keep our property values going up.😂
I want the first part. I hope those born before me see their housi g reduce in value.
Ik you're joking, but it's a "pick one" idea that Trudeau seems to be on the affordable side of
I really don't care about the second part. Houses are meant to be lived in. I, personally, don't want them to be investments. It's one of the core necessities, which should be kept as far as possible from capitalism in my opinion.
Honestly, I'm really jazzed about the plan to honour rent payments in one's credit score. (And you asked a good question re: housing investment, and I really appreciated Trudeau's response - housing as an investment for retirement, not "going to the moon"). Also, Trudeau's response at 13:22 re: why invest in Canada and not the States, giving a recent and solid example, is great to see (sobering to remember that having a relatively stable political body compared to the US - for now - makes for a better investment). Great interview! It's nice to hear Trudeau in a one on one where his airs aren't quite as put up, as they say.
Bankers don't lend to the producers, they lend to real estate brokers who buy up land making them scarce and more expensive then they "flip" the houses by selling them at a profit.
The number of houses on the market increases and the price falls as they become less scarce causing a price crash.
The obvious solution is to stop bankers from lending to stock and real estate brokers and for them to invest in the actual productive economy to increase growth of the economy.
Unfortunately moat politicians are funded by these bankers and they want to keep this ponze scheme going.
then build more houses, canadians need to invest more in the construction industry, if this was japan korea or china they would have built a bunch more houses by now to solve the issue, in fact housing is a depreciating asset in those countries
Richard - This was objectively excellent and I can only imagine how proud those in your professional and personal orbit are of you. Thanks for sharing it with us.
I saw this in my feed about 3 hours after it posted and thought "this is probably TPB trolling clickbate again with a clickbait title"...
Good work, Richard. Agree that more pressing would be nice but you asked some solid questions I haven't heard Trudeau answer before.
did you have to share the questions before the meeting?
Hey Bagel ! Nice work for a first time. Any chance you could do the same with the leaders of the opposition ? Same amount of time. Ask them about their plan. Stop the blame game and hear what their future looks like.
I've thought a lot about it, and if the opposition reaches out, yes I'd do the interview.
Considering they have yet to say anything about a platform or a plan and are still favoured amongst the public, I would also love to hear what Mr. PP has to say besides rage baiting.
@@Pabmysterhe constantly talks logic to Trudeau who can only throw temper tantrums and lies in response. Stop gaslighting
@@doomerang1438 Lmao. Use buzzwords completely absent of context or meaning more, why don't you? You are precisely the sort of person who clearly loves the ragebait.
They got no plan. Their MPs talking about restricting abortion rights instead lol
congrats on your interview, well filmed ! i do agree you should've pressed on some question but having met some political person myself because of work i understand the stress you're under on a one shot 20 min thing . this interview was nice , your next one will be better 😉 keep up the good work!
especially about the housing... as he been on duty for 8 years and did nothing about it....
@@xPhilxHC I wish he did nothing about it. "Nothing" would imply he hasn't made it worse either but his doubling of the already high Harper-level immigration numbers has completely destroyed the Canadian housing market.
The UK has a slightly worse housing situation and a recent report stated 89% of their housing shortage is because of net migration (and just like Canada, is the highest its ever been in their entire history).
Great video and conversation. No sugar coating but also no unnecessary interruptions or gotcha moments. I wished we got more like this across the West, where politicians just get to speak their minds about their plans.
Been here from the start, so good to see
I was initially suspicious when you mentioned the subscript as that can often be used cynically to undercut an interviewee, but you really did it in a respectful manner that provided factual context to the PM's comments. It is especially helpful for those of us south of the border not so familiar with the details of Canadian tax law.
Wow, Della and Mitchell's little boy... all grown up and mastering an interview with our Prime Minister... huge kudos!
I liked your ending note, exactly my thoughts. But you still done an amazing job
congrats man, been watching you for yeas so im really pleased for you
Smart of the PMO to expand their communication strategy in this direction. While my watch time is probably going to be low, I appreciate the most important question being asked first. Sesame is NOT a plain bagel.
Thank you for this! Are you able to do an interview with PP as well in the same unbiased fashion? This would go a long way in helping Canadians like me in making important decisions, since the outcomes of the election also affects us financially.
Why would PP do this??? He is not as desperate. PP is 20% in polls ahead of JT.
The Plain Bagel has just been upgraded to The Prime Bagel 🎩.
Excellent accomplishment and excellent interview 🎉.
the man really IS a politician! When he says bagels from either St-Viateur or Fairmont, he is brilliantly saying 1) Montreal rules for Bagels (which is just true), and brilliantly 2) sidestepping the biggest point of contention in Montreal: which is better, St-Viateur Bagels or Fairmont Bagels. Nicely[ done. (btw the answer is St-Viateur.) [I lived in NYC for 5 years and missed Montreal Bagels every Sunday of all 5 years.]
The answer is indeed St. Viateur
I would aggressively tell you to bugger off. Fresh Fairmont is the real stuff. Anyone saying the opposite obviously has tastebuds issues.
And he is also like we are going to have affordable housing and still going to have rising house prices.
If Canada (or my home country of Australia) adopted a system like Singapore then sure that could happen.
If it doesn't I just can't see how that could happen
BagelBooty nfts are going to the moon! He is already getting interviews with the prime minister
Wow amazing you got to interview the PM. Great work, great questions
Congrats Dude! I m following your channel since the beginning and I feel so proud of you
I think this is great. I believe a similar interview with Poellievre would be beneficial as well
Now you should interview Pierre Poilievre
Or a maga....just to balance.
seems like the PM in waiting… not quite as guaranteed as Starmer in the UK, but still seems likely
Wouldn't that basically pull the channel exactly where he doesn't want it to go (I.e. politics)? Might be worth considering if Poillievre offered an interview (maybe, but not necessarily), but actually seeking an interview from him? The only reason to do that would be political.
@@Hyperpandas He interviewed JT, he's already dipped his toes into politics. If he won't interview PP people will say he's promoting JT. The best course of action for Bagel now is to interview PP and stop there, no more political interviews
@@Hyperpandasnot if he sticks to economics.
I thought this was a joke like one of those Weird Al interviews. Very cool you landed such a big interview!
I think you did a great job interviewing! I think your reflection was perfect on pushing back to get more engagement from him. Great work as always
All politicians are slime talkers, but I do appreciate that he at least reached out to a RUclipsr for an interview. Would be interesting to see if an opponent does the same.
Yea, it was a good choice. Seeing them through the news is just ridiculous at this point.
I think Pierre Poilievre was interviewed by JJ McCullough a year ago
He’s copying Pierre who’s done multiple interviews with RUclipsrs
Cool, thanks for the info I just watched it! Is it just me, or did JJ ask really soft ball questions? I felt like I didn't get any specific answers to the big issues Canadians are facing now. @@Tomren44
Richard mentioned in the video earlier that RUclips reached out to him about this opportunity, so I'm not sure if Trudeau or his team should get the credit here.
I can see why this guy is PM. I'm still not a fan, but he is articulate and has sound arguments. I wish we could have more interviews with politicians like this. Too bad those would expose most politicians as being economicly illiterate.
Yea, ask him to treat capital gains from houses(non primary residence) as business income and make new builds tax free.
I can guarantee you all you’ll get as an answer is a twisted bagel.
Also ask him why i should pay same carbon tax as someone who’s been driving a gas car for 50 years.
Why do i pay same income tax as someone who owns 5 houses when half of my income is going into rent?
And why does govt only seem to manage disasters years after every tom, dick and harry knows about a problem?
Trudeau and his finance minister, Freeland, are economically illiterate.
In case you don't know, when this guy 1st ran for PM he was asked about his financial plan and how'd run a budget and his famous answer is "the budget will balance itself."... Going on 9 years, still hasn't run 1 single balanced budget. What a shocker.
Wondering. Where you required to submit your questions beforehand? Thank you posting this interview.
Congratulations on the interview, impressive Justin was able to get a meeting with you!
It'd be really cool if you could make a follow up video fact checking the Premiere and giving more of your take on things
1. Solid bagel choice.
2. There’s no “middle class”. Only working class and investor class.
3. “Cut down the forest and put them in tin boxes.” Answer should’ve been responsible bureaucratic streamlining.
4. Pop investment bubble. I actually agree with this, but it is a redistribution of wealth.
5. The rich don’t pay for things with taxes (sovereign currency). The government is taking money out of the economy to hedge inflation. They’re decreasing the money supply through the 1%. I agree.
6. “Paying down debt” is an oxymoron. Deficits are in people’s bank account…and bank reserves.
7. Social program rhetoric is good. I don’t believe one word.
8. Financial literacy = MMT. Inflation vs. Production Capacity. Until we understand that, these politicians can SPIN like a figure skater.
Good interview. I don’t trust him.