In short
Canada’s push to attract global investment amid intensifying trade tensions with Donald Trump, highlighted by Prime Minister Mark Carney’s planned Canada Investment Summit in Toronto and related Canada–EU discussions.
Guests
No podcast guests are identified in the transcript; it appears to be a host monologue with quoted clips and references.
Guest backgrounds
Not applicable.
Key claims
Carney is positioning Canada as a “united” investment destination; the summit will showcase 167 projects across energy, critical minerals, power/utilities, ports, and transportation. The world’s largest investors (BlackRock, Blackstone, sovereign wealth funds, Berkshire Hathaway, KKR) will attend, with $120 trillion in assets represented. Canada is seeking an EU “associate membership” status (not full membership).
Notable examples
Carney’s solidarity/buying-Canadian messaging; Trump calling Canada “the worst country to deal with” and linking Canada to Iran; Reuters report on EU associate membership.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Chapters
Tap a time to open that second in VOPrime Minister Carney's Investment Summit
0:29 to 0:52
Discusses Carney's investment summit aimed at attracting global capital to Canada.
“Over 4 million businesses have skipped the line with Stamps.com.”
Prime Minister Carney's Investment Summit
1:59 to 5:47
Discusses Carney's investment summit aimed at attracting global capital to Canada.
“If your wardrobe's due for an upgrade, but you don't know where to start, you need Stitch Fix.”
Carney's Vision for Canada
5:47 to 9:20
Examines Carney's speeches highlighting Canada's unity and economic potential.
“involves 167 projects across energy, critical minerals, power and utilities, ports, transportation, like high speed throughout Canada.”
Trump's Tensions with Canada
10:43 to 14:01
Analyzes Trump's controversial remarks about Canada and trade relations.
“Not formal membership because EU has a lot of bureaucracy.”
Canada and Trump's Trade Dynamics
14:01 to 16:03
Explore the implications of Trump's statements on Canada and Iran's trade relations.
“I hope Canada appreciates being in the same sentence with Iran.”
Prime Minister Carney's Vision for Canada
16:04 to 18:25
Discuss Prime Minister Carney's strategies for Canadian economic independence and collaboration with the EU.
“are now putting more Canadian capital behind the Canadian ambition.”
Critique of Trump's Economic Policies
18:26 to 19:46
Analyze the impact of Trump's policies on the U.S. economy and international relations.
“Price of gas is going to hit$5 a gallon.”
Trump's Understanding of Economics
19:47 to 20:20
A critical look at Trump's claims about his economic knowledge and its implications.
Transcript
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2:28Ben Meiselas:Prime Minister Carney knows how to perfectly swat the gnat that is the demented Donald Trump and Trump's despicable regime of gnats. Here's how you do it. Bring in$120 trillion of assets into a single conference to take place in Toronto from September 14th to September 15th, demonstrating to the entire world that Canada is, should I borrow a phrase right here, the hottest place to invest in right now. Let me tell you what Prime Minister Carney's doing to put the dagger into Donald Trump, drawing on his experience as the former top banker at the Bank of Canada running the Central bank during the difficult Great Recession back over two decades ago or so at this point, running Bank of England as the top central banker there during Brexit and helping the UK during the most difficult and challenging of circumstances.
3:36Ben Meiselas:Prime Minister Carney has the top contacts in the financial world. He's asserted that Canada is right now uniting the midpowers together, forming a new hegemonic superpower that will not just take on, but as I said, swap the Trump, Nat, and regime of Nats to the South. And so you have this first of its kind Canada Investment Summit with CPP Investments and PSP Investments. Those are Canada's two biggest pension funds, and they are hosting this event to lure global capital towards Canadian projects. Now,$120 trillion of assets that are managed by various groups will be represented in this conference.
4:29Ben Meiselas:So we're talking about BlackRock and Blackstone. We're talking about major sovereign wealth funds from the UAE to Saudi Arabia to Singapore to Norway, right? Fresh off Norway pulling a lot of its money from the U.S. Treasury market. Fresh off from a lot of these foreign countries selling off their U.S. Treasury bonds. They've got some capital to spend right now, and they are looking at Canada right now. Oh, you've got massive entities like Berkshire Hathaway and KKR and others from the U.S. and Europe and Asia. You have Canadian heavy hitters are going to be there. pension funds, CEOs, energy bosses.
5:15Ben Meiselas:I mean, you're talking about the people who Donald Trump once considered like, hey, aren't you guys my crew? No, Donald, as you've destroyed the US economy and have injected so much pain into the global markets, people are saying goodbye. And Prime Minister Carney is hosting this incredible event that will be taking place in Toronto. And he's focused on Canada, not Carney. He's focused on Canada, whereas Trump's focused on Trump. I mean, if you looked at this prospectus that was prepared, it's a 66-page prospectus that involves 167 projects across energy, critical minerals, power and utilities, ports, transportation, like high speed throughout Canada.
6:03Ben Meiselas:Prime Minister Carney is focusing on all of the provinces and figuring out how to actually strengthen Canada for the long term in this rapidly changing global world. Now, Prime Minister Carney gave a impassioned speech yesterday about this incredible conference or convention that's going to be taking place in Toronto. Prime Minister Carney explained, something's changed over the past year in our country. Listen to what he has to say here, play this clip. Once again, Canadians are coming together. Once again, our ambition is catching up with our potential. Something's changed over the past year in our country.
6:52Canadians, we all know what I'm talking about. We feel it everywhere. Canadians are standing united, buying Canadian, confidently choosing a Canadian future.
7:04Ben Meiselas:More from Prime Minister Carney here, talking about how the acts of solidarity in Canada, everyday Canadians doing it millions of times, has created a sense of solidarity like has never been seen before in Canadian history. This is a truly unprecedented moment. Let's play this clip. These are all acts of solidarity, some very large, some very small, but they're being repeated millions of times, proving that together we can give ourselves far more than any one could ever take away. And these acts of solidarity are making a statement to the world that this is a new, powerful and confident, united Canada.
7:48Canada.
7:52Ben Meiselas:Prime Minister Carney goes on to say how the world is looking at Canada differently right now. And Carney says, we should look at ourselves differently also. It's not about who we aren't, but who we are as Canadians. Powerful words indeed. Here play this clip. We will build more. We will trade more with each other. We will trade more with the world and we will create sustainable prosperity here at home. Now, tomorrow, as you know, a number of you have made this happen. Tomorrow, something remarkable will happen. The world's largest investors managing over$120 trillion of assets will come to here into our shop window because the world is looking at Canada differently.
8:48And I'd suggest we should look at ourselves differently too. It's not about who we aren't, but who we are. It's not about what's lost, but it's what we have and what we can create. We are a kind, generous, hardworking and ambitious people. We have what the world wants, the energy, the resources, the talent, the technology, the capital. And our greatest strength is something that can't be found on any balance sheet. Trust.
9:41Ben Meiselas:and you'd premiums are going up, and the broker you might have talked to probably pushing Medicare Advantage plans, even if they aren't right for you. That's why I want you to know about Chapter. They're the only advisors who compare every Medicare plan in the country. Thousands of people from this community have already used them. One viewer, Kevin in Florida, is saving$2 ,100 a year. Another, Stephen, finally has a plan that covers his dialysis. and for the Midas Mighty, a call with Chapter is free and takes just 20 minutes. So if you're on the right plan, they'll tell you and if not, they'll help you find a plan that fits your needs.
10:22Ben Meiselas:I want you to know that we've gotten such incredible feedback from the Midas Mighty about Chapter. Frankly, it is overwhelming the positivity that is out there for Chapter and so I'm so glad to be affiliated with it. I'm so glad you're all having great experiences. So call 82 Medicare today to speak with Chapter. That is 82 Medicare and feel confident in your Medicare coverage. Now, while Prime Minister Carney was talking about this incredible conference, which is also a message to the world that Canada is the new global powerhouse, or at least a decatalyzing agent for countries that share values and principles or want to invest in a country that is predictable and has certainty and promotes diversity and is diligent and focuses on experts and cares about the environment and the climate, all those things.
11:24Ben Meiselas:One of the things we also learned, we've been talking about this for a long time on the Midas Touch Network, and Charlie Angus at Midas Canada has been as well, about Carney's push to potentially make Canada what would be called an associate member of the European Union. Not formal membership because EU has a lot of bureaucracy. This is how it's described in this article by Reuters. The EU, which has not been flexible about membership rules in the past, is open to the idea of granting Canada a yet-to-be-created status of associate membership, the newspaper reported, citing unnamed officials both from the EU and Canada.
12:06Ben Meiselas:An associate member status. Remember, I've been saying this for a long time. Uniting trans-Pacific partnerships with transatlantic partnerships and all roads will go through Canada right now. Now, this is what Donald Trump gets, by the way. This is all backfiring in Donald Trump's face. So a clearly rotten, rotting, decaying, psychotic Donald Trump returning from that demented trip he took to Ireland. I mean, how deranged was that visit, by the way, to the Irish Open? It was so freaking weird. Donald Trump says that he finds Canadians, well, he finds Canada to be the worst country to deal with, he said.
12:47Ben Meiselas:He adds Canada's begging for a deal, but they're the worst country, he says. Again, he is so freaking vile. Here, play this clip. President, you talked a lot about Canada. You talked a lot about Canada just in the recent weeks or so. You keep saying also that Russia and China, or that Canada is more dangerous to the US than Russia and China. I said they're more difficult to deal with. I find Canada to be the worst country to deal with. Really? The most difficult country. With that being said, they're dying to make a deal. Why is that? I find Canada to be very, very difficult to deal with. They're leaders, not the people.
13:23The people are fantastic. Trump, what do you... But I find them to be very, very difficult. On China, sir. On AI. And they've ripped off our country for years, but they don't rip them off. Are the tariffs still in effect? Yeah, well, we have a lot of tariffs. A lot more tariffs are coming in. Don't forget, on January 1st, car tariffs. The big one is cars. We take in a lot of their cars.
13:46Ben Meiselas:And then when he was in Ireland and he was with the prime minister essentially of Ireland, Donald Trump said, Canada wants to make a deal badly, just like Iran. He goes, I lump them together. Canada and Iran, I lump them. This is what Donald Trump had to say. Here, play this clip.
14:14But Canada wants to make a deal. I hope Canada appreciates being in the same sentence with Iran. It's a very interesting problem. Canada and Iran. But Canada wants to make a deal, and Iran wants to make a deal. At the right time, both of those things could happen. But with Iran, we're winning very substantially. We have a lot of great cards, but they cannot have a nuclear weapon. Canada has to treat our fathers better, and they can't charge our farmers' tariffs. They were charging our farmers 400 % tariffs and many other things. So when those things go away, they're willing to get rid of all of them.
14:56You'll probably see a deal with Canada fairly soon.
15:00Ben Meiselas:Prime Minister Carney, on the other hand, is like, get out of here, demented gnat. Get out of here, you little demented, putrid thing. He talks about the view and the new consensus that exists in Canada right now. Play it. This is a great room. Look around this room. We come from different regions, the East Coast, the West Coast, the Prairies, Quebec, the Far North, Ontario even. Federal, provincial, indigenous governments, business, labor. Canadians from every background, every generation. Now, we will not always agree. We don't need to always agree. But we do agree on something fundamental where we are going.
15:45There is a new consensus in this country from Iqaluit to Victoria to Quebec City and St. John's. And that consensus is that Canada is taking control of our future.
16:00Ben Meiselas:More for Prime Minister Carney right here talking about businesses and pension funds are now putting more Canadian capital behind the Canadian ambition. By the way, this would have been money coming into the United States. Great work, Donald idiot. Here, play this clip. Canadian businesses and pension funds are now putting more Canadian capital behind that Canadian ambition. In the last week alone, a number of them, and I'm not going to name them because I suspect there are a few more announcements coming. A number of them have announced plans already to put hundreds of billions of dollars of additional capital to work here in Canada.
16:44Ben Meiselas:Thank you. Prime Minister Carney then talks about the European Union opportunity. As you know, right, he's going to be speaking at the European Union, State of the Union. First time he's going to be speaking after, obviously, Ursula von der Leyen speaks. and I think he speaks the next day. First time though ever a foreign leader has spoken and addressed the European Union in that time period. But you heard what he said, right? Look, we're not looking to become a member of the European Union. What we are looking and beginning will begin discussions for unique alliance with the European Union, between Canada and the European Union.
17:26We share the same values. We have the same priorities and we have very complementary strengths. We're stronger together. And this is at a time where the world's more dangerous and divided and friends need to stick together at these times.
17:39Ben Meiselas:And then finally, you look at what's happening here in the United States. Donald Trump wrecked our economy. We would have had three interest rate cuts had Donald Trump literally done nothing and just allowed former President Biden's economy to be on autopilot. But of course, Donald Trump, demented, psychotic, a loser, a bankruptor. He's also a sexual predator. Tariffs the world. That causes inflation to surge in the United States. We're going to have an interest rate hike, I'm sure, this week. Price of diesel continues to rise. The average price,$6.26. It's going to be$7 a barrel soon, or$7 a gallon soon.
18:21Ben Meiselas:In San Diego, it's already about to hit$10 a gallon. Price of gas is going to hit$5 a gallon. On average nationwide, I'm sure by your area, all of this is much more expensive. The price of Brent crude,$108. I predict that'll be at$120 in no time. Donald Trump escalated the catastrophic war in Iran. The Houthis were able to control all of Western Yemen. They now control the Bab el-Mandaab Strait as they took all of Western Yemen. They're moving east as well to Aden. Saudi Arabia is on the ropes. The east-west pipeline in Saudi Arabia is now shut off. Saudi Arabia is about to run out of oil in the next few days there.
19:04Ben Meiselas:Great work, Donald. Great work, MBS, for you thought you were going to get, you thought when you give Donald Trump all this bribe money, all this quid pro quo money he was going to protect you, you were just another mark in his fraudulent bankrupt schemes that he's been doing his whole damn life. But I guess you're all part of the Epstein class, so this is what you get. But Donald Trump does say he knows more about formulas than anybody. So when he was asked about interest rates, I know more about formulas. My knowledge on formulas is incredible. What does that mean you have knowledge on formulas?
19:37Ben Meiselas:Folks, this guy is an idiot, a malicious idiot. Why have we normalized this psycho? Why have we normalized this thing? this thing this this putrid thing this predator for real and you know prime minister carney ain't normalizing it he's made his move we're seeing leaders across the across the world making his move here play this clip we should be paying the united states is so strong we should be paying the lowest interest rate in the world regardless of their formulas i know more about formulas than anybody. And we're the best credit in the world. We make other countries rich. We could turn that off in two minutes.
20:18Ben Meiselas:There you have it, everybody. Let me know what you think. Hit subscribe. $120 trillion in that room, huh? Over the next 48 hours. Thanks for watching, everybody. We appreciate you. Breaking news right now. My brothers and I wrote a book. It's called WTF America. And well, doesn't that just say it all? It comes out officially this October but you can pre-order your copy today just scan the QR code or click the link in the description below
From the publisher
MeidasTouch host Ben Meiselas reports on Canadian Prime Minister Mark Carney preparing to host the Canada Investment Summit in Toronto as he goes on the offense against Donald Trump's trade war. The summit is expected to bring together roughly 300 CEOs and senior executives representing more than $120 trillion in assets, as Canada pitches itself as a more stable and reliable destination for global investment than Trump's United States. Meiselas breaks down Carney's strategy, Canada's push to attract $1 trillion in investment over the next five years, and what the growing competition for global capital means as Canery checkmates Trump.
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