Canada's Wakeup From an Economic Coma: Why Kevin O'Leary Is Optimistic | Markets Daily
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 19 May 2025
⏱️ 12 minutes
🧾️ Download transcript
Summary
The latest price moves and insights with Kevin O'Leary, aka Mr. Wonderful.
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Kevin O'Leary, aka Mr. Wonderful, joined CoinDesk live at Consensus 2025 to discuss Canada's economic challenges under past leadership and his optimism for the future. Plus, the state of crypto in the country and a potential economic union with the U.S.
This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
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This episode was hosted by Jennifer Sanasie and Christine lee. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
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Transcript
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| 0:00.0 | Welcome to this special edition, Markets Daily from Consensus 2025. |
| 0:04.0 | Our next guest joins us at the desk now. |
| 0:18.0 | Kevin O'Leary, Chairman of O'Leary Ventures and co-host of Shark Tank, |
| 0:22.1 | also known as Mr. Wonderful. Welcome back to the show. Great to be here. Thank you. |
| 0:25.6 | Yeah, great to be here. So we're at Consensus in Toronto. This is the first time we've brought |
| 0:30.6 | consensus north of the border. Talk to us about what's going on in Canada when it comes to crypto. |
| 0:36.6 | Well, I mean, it's kind of interesting that we would have it here because it's a beautiful convention hall, obviously. |
| 0:44.3 | But Canada is going through a remarkable transition right now. |
| 0:48.3 | It's been a very tough time for the last 10 years. |
| 0:51.3 | It's a collapse of the Canadian economy, collapse of the |
| 0:55.5 | Canadian dollar, collapse of Canadian investment, collapse of Canadian GDP. There's never been |
| 1:01.9 | a time like this. And unfortunately, it's because of Justin Trudeau. He was an idiot. I'm just |
| 1:10.7 | sorry, but that's true. So now we have a new leader |
| 1:13.2 | and we have great potential. What are your thoughts on Mark Carney? I think he has, well, first of all, |
| 1:19.5 | he's not an idiot, not like Trudeau. So this guy has a proven executional skill. You may not |
| 1:25.3 | like his policies on green initiatives and some don't. |
| 1:30.3 | I'm always willing to give a new leader 100% mandate. Give him a chance. But he's got a tough |
| 1:35.7 | job because he doesn't have a majority. And so he's got to work with the conservatives to find |
| 1:41.1 | a path. After all, Canada is the richest country on earth when measured proven resources per capita. |
| 1:48.0 | We're the richest country on earth run by morons. |
| 1:51.0 | Here's a chance where you could get Carney to reverse that course. |
| 1:55.0 | So he has his chance. |
... |
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