Kevin O'Leary: Canadians Are "Screwed" Unless Change Happens
(Kitco News) - Kevin Oâ€™Leary, star of Shark Tank, is not mincing words when it comes to Canadian politics. Speaking on the current government, he said that Canadaâ€™s future hinges on drastic changes that need to happen in parliament.
â€śThe country is a disaster,â€ť Oâ€™Leary, chairman of Oâ€™Shares ETFs said, noting that the Canadian government has failed to attract investment capital and stimulate the economy.
Canadians must make a change in the government now, Oâ€™Leary said, or the countryâ€™s future will be dire.
â€śIt is so bad that if we got another four years of this, I think you can take Canada down to probably zero growth rate,â€ť he said.
The issue lies with incompetence in government, he noted.
â€śIâ€™d like to get rid of the anti-business tonality to our country and replace it with people that want to create jobs in Canada, that want to attract capital,â€ť Oâ€™Leary said. â€śSo my bet is, the most likely scenario is a 50/50, in other words, Trudeau loses his majority mandate.â€ť
Oâ€™Leary said that current Prime Minister Justin Trudeau is a â€śyoung man who had no managerial history.â€ť
â€śIâ€™ll let you, as the voter, decide what the best alternative is but Iâ€™m telling you right now, anythingâ€™s better than what weâ€™ve got,â€ť he said.