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

<p>Mark Carney just admitted the last decade of energy policy was a total bust and didn&#39;t fit economic reality, so we&#39;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.</p><p><br></p><p>Start an investment portfolio that&#39;s built to perform with Neighbourhood Holdings! </p><p>For Mortgage Brokers: <a href="https://www.neighbourhood.com/looniehour-brokers" target="_blank" rel="noopener noreferer">https://www.neighbourhood.com/looniehour-brokers</a></p><p>For Investors and Advisors: <a href="https://www.neighbourhood.com/looniehour" target="_blank" rel="noopener noreferer">https://www.neighbourhood.com/looniehour</a></p><p><br></p><p>Schedule a call with IceCap Asset Management: <a href="https://icecapassetmanagement.com/contact/" target="_blank" rel="noopener noreferer">https://icecapassetmanagement.com/contact/</a></p><p><br></p><p>✉️ Media &amp; Real Estate Inquiries: <a href="mailto:steve@stevesaretsky.com" target="_blank" rel="noopener noreferer">steve@stevesaretsky.com</a></p><p><br></p><p>Stay up to date with our information -</p><p>📫 My Real Estate Substack: </p><p><a href="https://stevesaretsky.substack.com" target="_blank" rel="noopener noreferer">https://stevesaretsky.substack.com</a></p><p>📫 The Loonie Hour Substack: </p><p><a href="https://looniehour.substack.com/about" target="_blank" rel="noopener noreferer">https://looniehour.substack.com/about</a></p><p><br></p><p>📊➡️ Loonie Hour Socials: <a href="https://linktr.ee/looniehour" target="_blank" rel="noopener noreferer">https://linktr.ee/looniehour</a></p><p><br></p><p>🎙️ Listen to the Podcast on Your Preferred Platform:</p><p><a href="https://linktr.ee/looniehour" target="_blank" rel="noopener noreferer">https://linktr.ee/looniehour</a></p><p><br></p><p>Timestamps:</p><p>00:00 Introduction</p><p>02:38 Why Nuclear Is Canada&#39;s Competitive Advantage</p><p>05:24 Canada&#39;s Push Toward New Nuclear Projects</p><p>09:26 Public Fear Versus Nuclear Reality</p><p>10:40 Europe&#39;s Heat Wave &amp; Air Conditioning Debate</p><p>17:20 Climate Policies Versus Human Comfort</p><p>17:57 Mark Carney&#39;s Major Energy Announcement</p><p>20:09 The Political Cost of Energy Policies</p><p>25:14 Canada&#39;s Massive Economic Opportunity</p><p>31:53 Current Accounts, Trade, and National Wealth</p><p>34:29 Oil &amp; Gas, and Economic Reality</p><p>36:20 What Happens to the Loonie</p><p>38:30 US Midterms Predicament</p><p>39:11 Geopolitical Outlook &amp; Peace Deal</p><p>42:50 Understanding the Oil Crack Spread</p><p>44:37 Can Commodity Markets Be Manipulated?</p><p>48:54 What Happens If Bond Markets Collapse</p><p>55:27 The Cost of Long-Term Uncertainty</p><p>57:13 Brexit Parallels and Economic Lessons</p><p>59:27 Why None of This Is Positive</p><p><br></p><p>Disclaimer:</p><p>The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a &quot;loonie&quot; into any of these financial markets.</p><p><br></p><p>#LoonieHour #canada #carney</p>