Mark Carney: 10 Years of Canadian Policy was Wrong (Policy Changes Are Coming)

Mark Carney just admitted the last decade of energy policy was a total bust and didn't fit economic reality, so we're breaking down his massive pivot on Canadian oil and gas. We also hit on the US-Iran deal being a temporary play for the midterms, the stock market ditching tech for safe-haven sectors, and the economic mess left behind after Canada, the US, and Mexico missed their big July 1st trade deadline.Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourSchedule a call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction02:38 Why Nuclear Is Canada's Competitive Advantage05:24 Canada's Push Toward New Nuclear Projects09:26 Public Fear Versus Nuclear Reality10:40 Europe's Heat Wave & Air Conditioning Debate17:20 Climate Policies Versus Human Comfort17:57 Mark Carney's Major Energy Announcement20:09 The Political Cost of Energy Policies25:14 Canada's Massive Economic Opportunity31:53 Current Accounts, Trade, and National Wealth34:29 Oil & Gas, and Economic Reality36:20 What Happens to the Loonie38:30 US Midterms Predicament39:11 Geopolitical Outlook & Peace Deal42:50 Understanding the Oil Crack Spread44:37 Can Commodity Markets Be Manipulated?48:54 What Happens If Bond Markets Collapse55:27 The Cost of Long-Term Uncertainty57:13 Brexit Parallels and Economic Lessons59:27 Why None of This Is PositiveDisclaimer:The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.#LoonieHour #canada #carney