Canada's Wakeup From an Economic Coma: Why Kevin O'Leary Is Optimistic | Markets Daily
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CoinDesk
4.7 • 698 Ratings
🗓️ 19 May 2025
⏱️ 12 minutes
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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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