Episode
Opportunity of a lifetime for Canada… if only we had a brain
- Published
- May 20, 2026
- Duration seconds
- 8997
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Summary
A pipeline deal that may cost more than it delivers, a $25 billion fund with no legislation, no governance and no disclosed borrowing costs, and a Buy Canadian policy with no enforcement deadline and no Canadian ownership requirement. B.C. is furious it was cut out of the Alberta pipeline negotiations entirely. The Liberals' own caucus is in revolt over climate concessions. And while Carney tells Canadians to prepare for sacrifices, the Department of Foreign Affairs spent $32.5 million on an iceberg pavilion in Osaka, including $164,000 to ask visitors about their gender identity.Jim Csek and Iain Burns discuss it all and examine the Canada-U.S. relationship, the state of Canadian institutions, and whether any of the big promises of this government are built on anything real today on The Really Big Show.We cover:- B.C. Premier Eby accuses Ottawa of rewarding Alberta's "bad behaviour" with pipeline concessions that other provinces were never consulted on, as Alberta's effective carbon price had collapsed to $17 per tonne while Ottawa chose not to enforce its own $95 federal backstop.- CBC sources confirm Carney is managing growing Liberal caucus unrest over climate policy concessions made in the Alberta pipeline deal, with the carbon price now set to rise to $130 per tonne by 2040.- Finance Minister Champagne describes the $25 billion Canada Strong Fund as "not a tax play" while refusing to disclose borrowing costs, investment criteria, governance structure or what assets it will hold, with no legislation introduced and the fund financed entirely by borrowed money.- Statistics Canada reports food inflation eased to 3.5% in April, down from a recent peak of 7.3%, with Canada dropping from the highest food inflation in the G7 to second behind the U.K.-…