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  "full_text": "Frank Stronach came to this country in 1954, $200 in his in his wallet. Now, his company has 150,000 employees. He's a billionaire and he's made millionaires of many of his associates. Instead of being employees, they work with you. Now, you recognize Canada is having a very, very tough time. The Prime Minister says, \"I'm going to do this. I'm going to do this.\" What advice would you give the Prime Minister to get this economy going? >> I don't think he would understand. So, I my advice would be to the people. Basically, I would say to the people, \"Don't vote. Let the Let the Let the politicians know if they do not commit on a one-year term, the people would say, 'We're not going to vote for you.'\" >> Well, that's going to be >> to be close basically >> That's going to be a change in the system, which is probably not going to happen. But, as far as the economy goes, should they release small business so we have more small business making money? >> Yeah, basically, small business has always been the backbone. >> Right. >> Okay, but right now, small businesses is tied up in red tape. Practically, it doesn't move anymore. So, small business doesn't make a lot of money, is right? But, small business, they want to grow. So, basically, they should >> Small business did pretty well. >> Well, yeah, it's like I I wasn't indoctrinated with with all the rules and >> Exactly. So, that's what I'm getting at, is that can small business start today and do as well in Canada with all these rules as you did in the in the last century? >> No, if my if I would start right now, I could not do Magna. It's absolutely Let me I said earlier on, right? When I opened up in the when I opened up my first business and and uh 65 years ago, I just put a sign up on the on the building, open till the day, open for business. I didn't need any permits, didn't need anything. >> Right. >> When I built my first new factory in Richmond Hill, right? I went to the city hall, I had some blueprints, and asked for the building inspector, and I showed him the blueprints. He looked it over, and he said, \"The blueprints are stamped by qualified engineers for snow load, wind load, and sewage. There's your permit. We are so happy you have you start a factory in Richmond Hill.\" And now, I want to say to the township we are in, I'm waiting 3 years for the permit for farmers market. >> So, is the is what we should take from your conversation just now is that Canada do would do well with fewer bureaucrats and fewer regulations, and allow people to create? >> But, we got to realize how did that happen? How did how did we get in a jam? How did you sink that thing? So, what you happen is the politician def- desperately wanted to be reelected, and they think of what programs we got to do so that the people like it, right? And they always come up with a program, and borrow the money to do the program. So, when they came up with the politician came up with the new programs, they hired thousands and thousands of bureaucrats, right? Because when I like when I look back about 60 years ago, I would say there were were maybe about 10 bureaucrats per thousand people. Now, there's there's 100 bureaucrats per thousand people in Canada, uh 70 bureaucrats per thousand people in the United States, 40 bureaucrats in Japan per thousand people, right? So, we gone way way over, and the reason is the politician want they want to be they want to be reelected. So, they think about another program, another program, and it's thousands and thousands of bureaucrats, and that's the way the problem is. So, we got to we got to put an end to people should know the politicians should only have one term and then they got to go back out and know work under the conditions that of the crazy non non common sense solutions program and can see how difficult it is. Okay. >> Frank Stronach, you are a national treasure. Thanks for coming on the show. >> Thank you for watching another analysis of the issues that impact Canada. Trudeau is gone. We have to rebuild the country. We need independent analysis. We need debate. We need thought. So, please keep us on the air. Subscribe, donate, become a member because God knows Canada needs rebuilding.",
  "timestamped_text": "0:00 Frank Stronach came to this country in\n0:01 1954, $200 in his in his wallet.\n0:05 Now,\n0:06 his company has 150,000 employees. He's\n0:09 a billionaire and he's made millionaires\n0:11 of many of his associates. Instead of\n0:13 being employees, they work with you.\n0:15 Now, you recognize Canada is having a\n0:18 very, very tough time. The Prime\n0:20 Minister says, \"I'm going to do this.\n0:22 I'm going to do this.\"\n0:23 What advice would you give the Prime\n0:25 Minister to get this economy going?\n0:28 >> I don't think he would understand. So, I\n0:31 my advice would be to the people.\n0:32 Basically, I would say to the people,\n0:35 \"Don't vote. Let the Let the Let the\n0:38 politicians know if they do not commit\n0:41 on a one-year term, the people would\n0:43 say, 'We're not going to vote for you.'\"\n0:45 >> Well, that's going to be\n0:46 >> to be close basically\n0:47 >> That's going to be a change in the\n0:49 system, which is probably not going to\n0:50 happen. But,\n0:52 as far as the economy goes,\n0:54 should they release small business so we\n0:57 have more small business making money?\n0:59 >> Yeah, basically, small business has\n1:01 always been the backbone.\n1:03 >> Right.\n1:03 >> Okay, but right now, small businesses is\n1:05 tied up in red tape. Practically, it\n1:08 doesn't move anymore. So, small business\n1:11 doesn't make a lot of money, is right?\n1:13 But, small business, they want to grow.\n1:15 So, basically, they should\n1:17 >> Small business did pretty well.\n1:19 >> Well, yeah, it's\n1:21 like I\n1:23 I wasn't indoctrinated with with all the\n1:26 rules and\n1:27 >> Exactly. So, that's what I'm getting at,\n1:29 is that can small business\n1:32 start today and do as well in Canada\n1:35 with all these rules as you did\n1:37 in the in the last century?\n1:39 >> No, if my if I would start right now, I\n1:41 could not do Magna. It's absolutely Let\n1:45 me I said earlier on, right? When I\n1:47 opened up in the when I opened up my\n1:49 first business and and uh 65 years ago,\n1:53 I just put a sign up on the on the\n1:55 building, open till the day, open for\n1:57 business. I didn't need any permits,\n1:59 didn't need anything.\n2:00 >> Right.\n2:01 >> When I built my first new factory in\n2:03 Richmond Hill, right? I went to the city\n2:06 hall, I had some blueprints, and asked\n2:09 for the building inspector, and I showed\n2:10 him the blueprints. He looked it over,\n2:12 and he said, \"The blueprints are stamped\n2:14 by qualified engineers for snow load,\n2:17 wind load, and sewage.\n2:19 There's your permit. We are so happy you\n2:21 have you start a\n2:23 factory in Richmond Hill.\" And now, I\n2:25 want to say to the township we are in,\n2:27 I'm waiting 3 years for the permit for\n2:30 farmers market.\n2:31 >> So, is the is what we should take from\n2:33 your conversation just now is that\n2:36 Canada do would do well with fewer\n2:38 bureaucrats and fewer regulations, and\n2:41 allow people to create?\n2:43 >> But, we got to realize how did that\n2:45 happen? How did how did we get in a jam?\n2:48 How did you sink that thing? So, what\n2:50 you happen is the politician def-\n2:54 desperately wanted to be reelected, and\n2:56 they think of what programs we got to do\n2:59 so that the people like it, right? And\n3:01 they always come up with a program, and\n3:03 borrow the money to do the program. So,\n3:05 when they came up with the politician\n3:07 came up with the new programs, they\n3:09 hired thousands and thousands of\n3:10 bureaucrats, right? Because when I like\n3:13 when I look back about\n3:16 60 years ago, I would say there were\n3:18 were maybe about 10 bureaucrats per\n3:20 thousand people.\n3:22 Now, there's there's 100 bureaucrats per\n3:24 thousand people in Canada,\n3:26 uh 70 bureaucrats per thousand people in\n3:29 the United States, 40 bureaucrats in\n3:32 Japan per thousand people, right? So, we\n3:34 gone way way over, and the reason is the\n3:37 politician want they want to be they\n3:40 want to be reelected. So, they think\n3:42 about another program, another program,\n3:45 and it's thousands and thousands of\n3:47 bureaucrats, and that's the way the\n3:49 problem is. So, we got to we got to put\n3:51 an end to people should know the\n3:54 politicians should only have one term\n3:56 and then they got to go back out\n4:00 and know\n4:01 work under the conditions that of the\n4:03 crazy\n4:05 non\n4:06 non common sense solutions program and\n4:09 can see how difficult it is. Okay.\n4:11 >> Frank Stronach, you are a national\n4:13 treasure. Thanks for coming on the show.\n4:16 >> Thank you for watching another analysis\n4:17 of the issues that impact Canada.\n4:19 Trudeau is gone. We have to rebuild the\n4:21 country. We need independent analysis.\n4:23 We need debate. We need thought. So,\n4:26 please keep us on the air. Subscribe,\n4:28 donate, become a member because God\n4:31 knows Canada needs rebuilding."
}