Once in a while, I see my fellow TV investors praise a business just because they like the entrepreneur behind it. That kind of thinking might make you feel warm and fuzzy inside - but let's get back to reality.
Kevin O'LearyTrudeau motivated people between the ages of 18 to 35 to vote, and 82 per cent of them voted for him. That changed Canadian politics forever. If they stay motivated, and believe me, they are, no party can ever get a majority mandate again without winning at least 60 per cent of those voters. There hasn't been a Conservative candidate in 15 years that ever got on a campus anywhere here in any Canadian university and wasn't thrown stones at.
Kevin O'LearyUnions are about the collective leverage, the power of numbers versus the power of capital.
Kevin O'LearyIf you put Canada into $1.5 trillion in debt and interest rates go up just 200 basis points, you cannot provide the services to 36 million people that were guaranteed to them in the social contract they have with Canada. That's a very, very scary prospect. You can't burden this economy with that much debt. The risk you take on is insurmountable. You have to assume for the next 50 years that rates don't go up? That's insane. That's irresponsible. That's stupid.
Kevin O'Leary