It is now time for all questions. The member for Nipissing. Thank you, Speaker. My question is for the Premier. There is a disturbing scenario playing out right now, Speaker. Last October 6th, your government failed to deliver the long-range assessment of Ontario's finances as obligated under the Fiscal Transparency and Accountability Act. We were told they would be in the fall economic statement, but they weren't. In fact, there were no individual Ministry expense numbers listed, just the total program spending which magically falls in 2017 to balance the budget. And on February 15th, the Transparency Act also requires you to publish third quarter results. Again, nothing. Premier, you continue to keep any real numbers from this legislature. Is it because any one of those numbers would demonstrate you're not on track to balance the budget? Mr. Speaker, well, I invite the member opposite. Unlike last year, when this year's budget comes out, that he actually read the document because he obviously has a number of questions. I'm not sure whether he actually read the fall economic statement, but again, I would ask that he read the fall economic statement because, as I said, there is information in that document that makes it clear what our intentions are, what the numbers are, and I hope that he will take the opportunity to do that. But, Mr. Speaker, I will say this, that we will be bringing the budget forward. We will be making it clear that we are on track to eliminate the deficit by 2017-18, but we will also make it clear, Mr. Speaker, that we are intent in making the investments in people and in infrastructure and in a strong business climate to make sure that we have a prospering and growing economy, Mr. Speaker, investments that the member opposite will not be willing to make. Thank you, Speaker Premier.  That's above and beyond your planned deficit of $11.7 this year, above your planned deficit of $10.4 billion next year, and above the $7.2 billion deficit the year after. Your annual deficits are larger than every other province plus the national deficit combined. It's clear you can't manage our money, so while other provinces are putting people back to work, your cabinet was told, quote, there are fewer jobs relative to our population and more unemployed, and, quote, per capita output of the economy remains below its pre-recession benchmark. Premier, you're failing Ontarians. You can't make the tough decisions, and the ones you do make turn into scandals. If you won't bring a plan to turn Ontario around, will you at least? Thank you very much, Mr. Speaker. The plan that the member opposite and his leader are putting forward is to cut and slash across government, Mr. Speaker. It's to fire education workers, fire health care workers, Mr. Speaker, drive good jobs out of the province right now. So if the member opposite is asking, will we take that path, we absolutely will not, Mr. Speaker. That is not in the best interest of the people of this province. It is not in the best interest of the economy of this province. So we will bring our budget forward. We will make the investments that are necessary. We will partner with business, Mr. Speaker. We will work with key industries to make sure that they can expand, like the announcement I made yesterday at Fiera Foods, Mr. Speaker, where there will be more jobs created because of our partnering with that business. We will continue to do that work, Mr. Speaker. It would be wonderful if the member opposite joined with us because it is in the best interest of the people of this province that we make those investments and put that support in place. Thank you, Mr. Speaker. Premier, it seems there's no limit to your planned revenue tools. You're going to tax hardworking families. You're going to tax business, maybe a tobacco tax, a transit increase.  Here's what they had to say about your quote, partnering with business. This is a quote, development charges are a great idea. The developers of condos make a killing, presumably giving how many condos there are always being built. This is how you view the business community. Just another pocket to pick. They make a killing. Let's go after them. Never mind they actually put people to work. Why not kill that industry, too, just as long as you get a few bucks from them before they leave? Is that how you plan to budget, Premier? Kill the Golden Goose? Thank you. Minister of Finance. Thank you. Minister of Finance. Thank you, Mr. Speaker. Well, the member opposite has engaged in rhetoric and trash talk about the good work that Ontarians have been doing over the last number of years since the recession. He hasn't read the reports over the last year for that matter, Mr. Speaker. And don't take it from us. The CDL Institute, someone that they always respect, has come out and said very clearly Ontario leads all provinces right throughout Canada on transparency and on integrity of our numbers, right into the aid, because the work that we've done, they, however, did not. And we'll continue to do what's right for Ontarians. We'll continue to put on a very wholesome and strong plan to create jobs, and they have created jobs. You guys keep wanting to destroy the well-being of our economy by the reckless cuts that we're making. And, Mr. Speaker, on this side of the house, we're making invincible, and we're being positive to all of Ontario and for Canada. Your question, the member from the Pee and Carleton. Thank you very much, Speaker. My question, as well, is to the Premier, over the weekend you touted a line called what leadership is. Now, I can tell you what it is. It's two OPP investigations into your government. It's losing 330,000 manufacturing jobs. It is using a billion dollar of taxpayer money to save five liberal seats. It's breaking international law, and it's withholding information from the electorate on the 4.5 billion dollar hole in their budget. So they've demonstrated what leadership is not. I can tell you what leadership is. It is testing your policies and your record with the electorate. So we ask, on this side of the house, will you do that? Will you finally table a budget, and will you put it to a vote, not only in this assembly, but also with the electorate? Thank you very much, Mr. Speaker, and I thank the member opposite for the question. So I'm just going to talk a little bit about some of the things that have happened over the previous few years. We've got, when we came into office, 68% of students in this province are graduating from high school. Now, 83% of them are graduating from high school. When we came into office, the energy system was in disarray, Mr. Speaker. We have invested in transmission. We have a stable energy grid, Mr. Speaker. We have generation of clean, new and new industries. When we came into office, there was no measurement of lifetimes in health care. We led the way in measuring wait times, and those wait times that we have measured have come down, Mr. Speaker. From my perspective, those are all impacts on the lives of people in this province that will have a huge difference, and that's what leadership is, Mr. Speaker. Thank you. Supplementary? This is a Premier who's led the way on a few things, innovation, for example, in scandals, and the Premier knows full well that this recent scandal with her budget is actually the gas plants 2.0. I'm going to run down the formula. It's actually something we can now count on with this government. First, it's a desperation by a government that is about to lose everything. Second, you're going to find documents from bureaucrats, cautioning them against the Liberals' preferred course of action. Third, is that they develop spin lines and media diversions to manipulate the media and the government. Minister of Energy, come to order. Like accountability bills to throw us all off. Fourth, we go back to those documents put forward by the bureaucrats, and we find that they either redact them or they destroy them.  So that's not leadership. The government has an opportunity. The Premier has an opportunity. Show some leadership. Devastrate with the budget. Table it here. Thank you. Premier? Very much, Mr. Speaker. Well, we actually will table the budget here. We will not go to Magna or anywhere else, Mr. Speaker. Let me just outline, Mr. Speaker, the kinds of things that we are going to be focusing on in order to grow the economy, because I really think that is critical at this juncture, Mr. Speaker. We are going to invest in infrastructure. And unlike the party opposite, we believe that having a plan to invest in roads and bridges and in transit, Mr. Speaker, that that's very important to the growth of the economy. We're going to be investing in skills and training, because we know that businesses come here and businesses tell us over and over again that the educated workforce is a huge benefit to business in this province, and it draws them here. We are going to continue to invest in a youth strategy. 30,000 young people getting placements already. More than 9,000 young people have an opportunity. Thank you. That's the kind of work we're going to be doing. Thank you. Final supplementary. Well, sadly, 330,000 manufacturing jobs have left the province under your watch. We have the highest industrial, uh, high rates in North America. People are leaving to Quebec, to Manitoba, to New York to actually set up shop rather than stay here in the great province of Ontario. In fact, if you look at the confidence of that plan, she has lost seven MPPs as of today from her government speaker, I believe, for a new Premier that is actually unprecedented. So I just ask the Premier, she will have a day of reckoning whether she wants it or not. At some point in time there will be an ability for the opposition and the public to look at her books, either when she's out of power or before then. And on that day they will know, the Ontarians will know, the true cost of her premiership and we will know why so many MPPs in her own party do not have confidence in her and have decided either to leave now or leave later. She's desperately clinging to power. She has a choice. Table the budget now. Let Ontarians know what's in it and where that $4.5 billion is. Thank you. You stated please. Thank you, Premier. Thank you very much, Mr. Speaker. And I just want to say, I have the best team in the province. Mr. Speaker, we brought that legislation in because of what had happened under the previous government where there had been a $5.6 billion deficit hidden. We brought in legislation that requires government to open the books. We will do that and we have been doing that, Mr. Speaker. And I just want to say, I just want to say that the investments that we are going to make, the balance that we are going to strike between fiscal responsibility and investment is critical. Roger Martin said closing the prosperity gap cannot be done without making meaningful and targeted investments in productivity, enhancing resources and tools. We are going to take that advice, Mr. Speaker. Thank you. New question, the leader of the third party. Thank you, Speaker. My question is for the Premier. After spending months claiming that she's offering real change this weekend, the Premier declared that her new goal is defending the status quo of Dalton McGinty. Her family is worried about job loss. That's very concerning. They know that more of the same strategy of sky-high hydro rates and nose-to-head attached corporate tax loopholes is going to leave them looking for work. Just weeks ago, the Premier said people were looking for change. Why is it she is now so determined to offer more of the same? Thank you very much, Mr. Speaker. Well, I think what I said on the weekend was that this is a very important time in the history of the economy in Ontario. And that what we need, Mr. Speaker, is we need to make sure that we make the right decisions. And from my perspective, Mr. Speaker, that means playing to our strengths. It means making the investments where they are most necessary and strategically, Mr. Speaker. So that's investing in the talent and skills of our people. It means investing in infrastructure. And I would say to the leader of the third party that includes transit, Mr. Speaker. It includes making investments in transit and in roads and bridges infrastructure across the province. It means, Mr. Speaker, working with business. It doesn't mean making business the enemy, whether that small business or large corporations. It means working with them so that they can expand and they can create jobs, Mr. Speaker. That's what I talked about this weekend. And that's the work that we have been doing and will continue doing. Well, Mr. Speaker, the Premier spent the weekend talking about liberal hands but for families across Ontario, the only thing steady about the McGuinty legacy is the steady flow of money out of their pockets and the steady flow of jobs out of Ontario. Those hands brought us the gas plant scandal and billions of dollars in waste. Those hands left Ontario with some of the highest hydro rates, the highest auto insurance rates and an unemployment rate stuck above the national average for years. Does the Premier really think offering more of the same is good enough? Thank you very much, Mr. Speaker. Well, I would suggest that what our hands have wrought is not the status quo, Mr. Speaker. We're on track to meet our goal of an average 8% reduction in auto insurance by August 2014. We've increased funding to home care and community services by $260 million in 2013. That's a 6% increase over last year, Mr. Speaker. And it's $185 million to provide it for CCACs to provide home care services alone. So that's a huge investment in the transformation of the health care system, Mr. Speaker. We've created $100 million small rural and northern municipal infrastructure fund. That means that those investments in roads and bridges in our northern and rural communities can go ahead, Mr. Speaker. And we know that those small economies, those local economies are dependent on that kind of infrastructure investment. Recently, more than four more companies in Southwestern Ontario will receive supports through the Southwestern Ontario Development Fund. That's not the status quo, Mr. Speaker. That's an investment in economic growth. Thank you. Final supplementary. Mr. Speaker, the Premier won her Liberal leadership talking about change and possibility, but it's more and more clear she's offering the same Dalton McGinty status quo that brought us sky-high hydro rates, a gas-plated scandal, and left Ontarians down over 300,000 manufacturing jobs. People want to see action to lower their hydro bills and make life more affordable. People want to see action that creates jobs. Why is the Premier insisting that the same old ideas are somehow working? Thank you very much, Mr. Speaker. Well, let me just continue on the things that we have done that are actually new. And I know that the leader of the third party will know that there was a big discussion about the minimum wage, which she did not take part in, Mr. Speaker. But we are raising the minimum wage as of June 11. And then we're going to bring legislation. We brought legislation that I hope she will support to index the minimum wage to CPI. We've introduced legislation to strengthen the Employment Standards Act. And that'll provide more protection for vulnerable workers. I would hope that the leader opposite would support that new initiative. We passed the Local Food Act. And as part of that, Mr. Speaker, there's a $30 million local food fund, which is helping to make investments in the agri-food industry to help that industry grow. I hope that the leader of the third party understands that that's a very important thing. We've passed stronger protection for Ontario Consumers Act. And those initiatives protect consumers. And I hope that the leader of the third party understands how important that is. We passed the Supporting Small Businesses Act. It increases the exemption from the Employer Health Tax. Thank you. Exemption. So that, Mr. Speaker, is change. Thank you. And your question? The leader of the third party. My next question is also for the Premier. If we want to see where liberal hands have steered us into the ditch, we don't have to look much farther than our hydro system. The Premier insists that the system is working, but people like Grant from Renfrew, for example, disagree. He wrote, quote, I'm on a fixed income with an older home and hydro bills are affecting my life, unquote. He's upset that his family is paying costs that he calls way too high so that others can, quote, make money exporting what we pay for with no return for us, unquote. Why is the Premier so determined to defend a hydro system that leaves people like Grant paying more and more and lagging behind? Thank you very much, Mr. Speaker. And I know that the Minister of Energy will want to speak to this in the supplementary. But I also know that the people of this province want an electricity system that they can rely on, Mr. Speaker. I understand that there are challenges, and the minister will speak to some of the initiatives that we've taken to make sure that we reduce those costs for people, particularly who are having trouble making ends meet, Mr. Speaker. But when we came into office, the electricity system was in disarray, Mr. Speaker. It was absolutely critical that the neglect that had been in place for years was tended to, Mr. Speaker. We have done that. We have made those investments, Mr. Speaker. And on top of that, we have moved to a much cleaner and more renewable energy supply, Mr. Speaker. We're very proud of that, and we are going to continue to do that work. And at the same time, recognizing that there need to be programs in place to help people to deal with their energy costs. And I know that the leader of the third party makes sure that her constituents know about all those programs, Mr. Speaker. Supplementary. Speaker John from Sudbury is working hard to minimize his bills, but he's clear when he says, and I quote, we should not be exporting power if we cannot afford to keep rates reasonably low at home. We should know by now that privatization does not save citizens money. High management costs usually ends up costing us more, unquote. In Manitoba in Quebec, businesses pay literally half of what we're charging Ontario businesses. And they're selling their exports for nearly twice as much. Is the Premier ready to take the waste out of the hydro system and take action to lower rates in Ontario instead of lowering them in the US? Thank you, Mr. Speaker. Mr. Vanishing. Mr. Vanishing. Mr. Speaker, let's talk about Charlie from Hamilton. Well, let's talk about Ann from Toronto, who are having multiple, multiple smart days, Mr. Speaker, every single summer. Mr.   We invested a new generation, Mr. Speaker. We took the opportunity to clean our air.  Cheap dirty coal is what you sound like right now. We cleaned our air, and we have healthier people in our community right now. And I hope I have the opportunity, in a next question, to talk about electricity prices. Because your plan is a scam. Thank you. Final supplementary. Well, Speaker, it's sad to see a minister of energy joke about the real struggles of the people in his province. Hydro bills aren't just numbers he might need to know. People are wondering how they're going to be able to keep up. Helena from Hamilton wrote us to say, quote, we are a senior couple with limited income and no way to increase our income. The hydro bill is increasing. And while we are still able to pay it, my concern is what happens when one of us dies. And all these expenses of the House will have to come out of one income. Raising the cost of hydro affects all of us in the country. And we need sensible heads to see how things like funding the export of hydro is affecting those who can least afford it, unquote. Now, is the Premier ready to admit that her hydro plan isn't working and it's time to take the waste out of the hydro system so people like Helena aren't worried about her future and the future of her family? Thank you. Minister of Energy. Mr. Speaker, you know, we're talking about an election these days. And the opposition is asking for an election. There will be a day of reckoning when that party is going to have to stand before the people of Ontario and tell them what they will do. Mr. Speaker, they don't want new... Stop the clock, please. I... No, I would and I did. And I'm going to ask members to, again, not refer to anyone other than their title or their writing. And that's the kind of heckling that causes the escalation of the emotions and I want it to diminish. No, it's not funny. It's serious. Well, that's too bad. Please finish. Mr. Speaker, they talk about creating an energy system that will be beneficial to people in Ontario. Yet, Mr. Speaker, they will not build new nuclear. They will not refurbish the existing units, Mr. Speaker. There's 50% of our electricity generation that they would cut off at the knees, Mr. Speaker. So, what are they going to replace it with, Mr. Speaker? How long will it take? What will the cost be? And what will that do to increasing prices? Mr. Speaker, we have comparative prices on electricity price costs. Ottawa, 12.39 cents per kilowatt hour, Mr. Speaker. Edmond, 13.9. Thank you. New question? I'm going to remember from the new market award. The question is to the Premier. Speaker, at the root of the ORM scandal, according to the Auditor General's 2012 report, where the following findings. First and foremost, the Ministry of Health failed in its oversight responsibilities. It failed to get proper information relating to patient pickup and response. There was a lack of transparency surrounding the financial affairs of that organization. There were questionable procurement practices that are now under criminal investigation. Speaker, that was in 2012. We now have a recent audit report issued by the Ministry of Finance that made 48 findings of orange that included the very same issues that the Auditor General identified in 2012. Question. My question to the Premier is, is she aware of that report? And how is it that under new management, a new board, a new CEO, under a new amendment to the performance agreement, we have the same issues? I don't... Thank you. Premier, the long-term care. Speaker, and I'm very pleased to say that orange has already implemented 39 of the 48 recommendations outlined in the report and that progress is being made on the remaining nine, Speaker, and we will continue to work with orange as they implement the remaining recommendations. I can tell you that this work builds on other accountability measures that have been undertaken by... Member from Durham, from the Order. ...new leadership. They've released their strategic plan. They've submitted their first quality improvement plan. They're posting salaries of senior leadership online. They're activating the new whistleblower hotline, establishing a conflict of interest protocol. They've got their first patient advocate in place. They've got a travel and business expense policy that requires submitted expenses to be appropriate, Speaker. Orange is on the right track. And I look forward to the member opposite, supporting Bill Levin. Thank you. Clemente. I'll speak to you, Xi. We don't believe any of that because under that new board, under the new CEO, under the minister's new oversight branch, under the minister's new amended performance agreement, this audit report was conducted over an entire year under that new management, under that new board. And the same issues appear. Here they are. A lack of documentation of board decisions, a lack of board approval of significant policies, including procurement, travel and expenses, the compensation system, the performance pay. Speaker, under the new board, contracts valued at between $100,000 and $750,000 were not signed in accordance with Orange's signing authority. Reaction, response times are not being properly reported. I'd like to know from the premium. Question. Because the list goes on. The incompetency continues. I'd like to know how come the same minister continues to have the responsibility to open the orange and our air energy. Thank you. Minister of Health. Well, Speaker, I think any independent observer would recognize that Orange is well into an agenda. The member from Prince Edward Hastings will come to order. And the member from Durham will come to order. They have put together a very strong team. The board is an entirely voluntary board, Speaker, and they have been dedicated to implementing all of the recommendations. So let me repeat, Orange has already, I've read it, Orange has already implemented 39 of the 48 recommendations, Speaker. The remaining nine are underway. What I can tell you, Speaker, is that there's also been an increased focus on patient safety. They've provided additional training for helicopter pilots, including control fight into terrain. They've revised operating procedures for night operations. They're installing solar lighting plants. There's a lot happening, and it's all good. Please pass Bill 11. Thank you. Question, the member from Hamilton East Stony Creek. Thank you, Speaker. My question is to the Premier. Speaker, for months this government has carried on about government transparency and accountability. But what Ontarians are getting is more of the same stonewalling. Now we hear about more firings at the pan-parapan games and more fat cat severances. First, it was Ian Troup being replaced by Saad Rafi. Now, as more execs are being shown the door, new liberal insiders are walking through that door. Speaker, will the Premier tell Ontarians how much they paid Neela Barton in severance when she left the former Premier's office? How much we're paying her now? Is severance included in her new contract and why? And how much are we paying in severance to those most recently fired executives? Wow, the Premier? Thank you very much, Mr. Speaker. I know that the Minister of Tourism, Culture and Sport will want to speak through the details, but I just want the member officer to know that TO2015, the Pan Am group, is working in coordination with the provincial government and the federal government and 15 municipalities, Mr. Speaker, to deliver the Pan Am games. And part of their mandate, part of TO2015's mandate is to ensure the efficient and effective delivery of the games. And that means dealing with human resources issues, Mr. Speaker. So I have complete confidence in both the Chair and the CEO, Mr. Speaker. I know that they are making decisions. We have no control over the HR decisions, Mr. Speaker, in terms of who they may or may not hire and they will make those decisions. Those decisions are made by the CEO of TO2015. And the Organizing Committee is shifting from the planning stage into the operational stage, Mr. Speaker, into the lead-up of the game. So it makes sense that there would be HR changes. Supplementary. Thank you, Speaker. I think the Premier answered my question right off the bat. No control. Speaker, there's a pattern emerging here in the Pan Parapan games. A pattern that keeps costs going up, whether it's security costs that are ballooning, golden parachutes for well-connected executives, soft landings for Dalton McGinty insiders like Neela Barton. It's an arrogant way, Speaker, to treat Ontario's money, and it's time to show that hard-working, tax-paying families get some respect in this province. Speaker, will the Premier release these contracts and these severance agreements today? Thank you, Premier. Thank you very much, Mr. Speaker. Well, you know that there's a pattern emerging, and the pattern is that members of the opposition in the third party, even though they have the information, they can take part in technical briefings, Mr. Speaker, they're getting the information. They know that the work is proceeding, Mr. Speaker, and that there is going to be a terrific legacy. They continue to talk down the Pan Parapan games. It makes absolutely no sense to me, and I just heard a member of the opposition say a waste of money, and I would ask him to talk to the young athletes in his riding, Mr. Speaker. I would ask him to say it, please. Can you say it, please? Question, the member from the Toronto North. Thank you, Mr. Speaker. My question is for the Minister of Labour, Yasir Navi. It determines its prosperity. Our own... The member from Durham is warned. Finish, please. Our own investment, Speaker, includes full-day kindergarten, leading up to world-class schooling, and this, of course, is especially valued by people in my own riding of Etobicoke North. And for many young Ontarians, this is followed by remarkable opportunities at the college and university level. Speaker, as you may know, our Youth Employment Fund has helped over 8,200 young people find meaningful employment, which, of course, is commendable. I still hear how difficult it is for folks to enter the workforce and how internships are often the only way to get in the door. Youth in Etobicoke Speaker are concerned about internships, where they're not paid, and I'm concerned about this as well. My question is this, Speaker. What is the Ministry doing to make sure that when young people in my country start a new job, they'll be paid for that work? Thank you, Minister Labour. Thank you very much, Speaker. I want to thank the member from Etobicoke North for asking a very timely question. Speaker, we know that building a stronger workforce is about building a safe and fair workplaces. In Ontario, Speaker, the rules about internships are very clear. It does not matter what your job title or position is. If you perform for work for someone, you are covered by the Employment Standards Act. Speaker, you deserve to pay at least the minimum wage. There is a narrow exemption for co-op students from accredited university and college programs, trainees, and self-employed individuals. Speaker, the Ministry has been very active on this issue to get the word out. We updated our webpage on internships to provide clarity on this particular issue. We also have been proactively writing letters and reached out to post-secondary institutions, employers, job sites, to make sure there's no confusion around what the rules are in the legislation. Speaker, we are also active on Facebook, on Twitter, on YouTube, making sure that we can broadcast our strong rules to young people in Ontario. Thank you. Supplementary. Thank you, Minister, or in Urdu, Shukria. I appreciate your outlining the strong rules that we have on internships in Ontario. My constituents in Etobicoke North in particular value the fact that the Ministry is reaching out to young people, businesses, and institutions to raise awareness of these rules. But, Speaker, I sometimes hear from Etobicoke North residents that even though they know the Ministry of Labor is out there to help them, they are reluctant sometimes to reach out. This was also raised in a press conference by the member from Davenport when he announced his private members' bill on internships. So, Speaker, my question is this.  Thank you, Minister. Speaker, thank you very much. I think this is a very, very important and serious question, and I welcome the participation of all members in getting the message across. Speaker, I can assure the member opposite that our member, that our government is doing, are very best to ensure that our youth's rights are protected. Any concerns regarding working arrangements can be referred to the Ministry of Labor's hotline at 1-800-531-5551. Special Speaker, confidential help is available in 23 different languages, and this includes anonymous tips as well. The Ministry will investigate any and all complaints to enforce our rules. We are, Speaker, the first government to conduct proactive inspections, and while out in the field, our enforcement officers are specifically also asking about internships. Speaker, I also announced last December that we'll be doing a proactive employment enforcement bill dealing with internships, specifically starting in June. Thank you very much. Thank you very much. The question, the member from Kitchener, Conestoga. Thank you, Speaker. My question is for the Minister of Transportation. Minister, the amount of money the Liberal government wasted on cancelling two gas plants in Mississauga and Oakville could have paid for Highway 7 expansion in my community nearly four times over. Yet you pulled the plug on both plants with no forethought on the cost or the consequences. Now, the number of infrastructure projects in the region of Waterloo and Guelph area are starting to pile up, and specifically both Highway 85 and Highway 6 require infrastructure upgrades. So, Minister, after wasting billions of dollars on the gas plant scandals and debt interest payments, what plans do you have to upgrade these roads and how much money will you invest? Very good. Thank you, Minister. Thank you for your presentation. I want to thank the member for the friendly question. The irony is, Mr. Speaker, is we're spending $14 billion a year on infrastructure or 2% of our GDP? His federal party is spending $73 million or less than a fraction of 1% of GDP. What are the worst records ever? The gas plants, I guess they buy them at garage sales, Mr. Speaker, because they must get some discount because they were the ones who promised first to cancel them. And those gas plants have been relocated, not canceled, and actually are producing energy, Mr. Speaker, because the people in Oakville and Mississauga asked for that, Mr. Speaker. So that money is out there working. I know we had to fulfill his promise for them. But I guess maybe there's some gas plant discount sales at garage sales in Conestoga that I'm not aware of, Mr. Speaker. Supplementary? Yeah, again, to the minister, I'll ask him a second time. So last weekend, your premier said, or our premier said, that she will not negotiate with the NDP on the budget. Then today, we learned that the Liberal government will pack its budget full of reckless policies that will appease the anti-business stance of the NDP. So I guess the premier is right, in fact. There is no room for negotiation when the plan is to give everything to the NDP. It's sad that Ontario has a government that spends the majority of its time developing new ways to placate the NDP. While ignoring critical infrastructure needs, and municipalities like the region of Waterloo and the Guantanamo area, Minister, forget about the garage sales.  Coalition. Thank you. Minister, good things. Thank you. Without comment. Minister? Thanks. I have to encourage my friend opposite, Mr. Speaker, to read budgets. Readers are leaders, Mr. Speaker, and they would save a lot of time in here because he would know that there's already $50 million in the budget for Highway 7 between Kitchener and Guelph, and that we have made numerous commitments to complete that. We're quite excited about that. And why can't we do that, Mr. Speaker? Because the last year that they were in power in this province, they spent $1.4 billion totally on schools and water. What does $1.4 billion buy you, Mr. Speaker? It certainly doesn't buy you Highway 7 or Highway 85. So we are now spending 10 times what you spent on infrastructure so that we can build Highway 7. Maybe he could talk to his federal friends because we just added four go trains to Kitchener Waterloo, and your federal cousins canceled four via trains. So 10% spending of what we do is the cancel rapid transit projects we add them. Thank you. It's the garage sale part. Thank you. New question, the member from Nickel Belt. Thank you, Mr. Speaker. I have a question for the Health Minister. This morning, the Ontario Health Coalition released a report entitled For Health or For Wealth. The report details dozens and dozens of example of extra billing, user fees, and sale of queue jumping for services. All of those in clear violation of the provincial and federal laws. OHC researchers found that the clinics were charging patients between $50 and $3,500 for OHIP-insured medical services. Is the minister concerned about those violations and is she prepared to do anything about them? Minister of Health, I'll take care of you. Well, Speaker, I will be absolutely clear on this. The Commitment to the Future of Medicare Act, which we passed in 2004, very clearly states that there may be no charges for insured services. Speaker, we hold true to that value, Speaker. And if there are examples of clinics charging patients, then that needs to be reported. And we act on that, Speaker, because the protection of our single-tier system is of paramount importance to us. So, Speaker, we are doing many things to transform our healthcare system. One of them is looking at establishing specialty clinics outside the walls of the hospital. And I know the member opposite is familiar with the birthing centres that we've already opened, one in Ottawa, one in Toronto, Speaker, to support people to have their babies outside the walls of the hospital, but in a safe environment. Thank you. Supplementary. Speaker, the Ontario Health Coalition did a similar report in 2008. Some of the clinics that are now charging higher fees were named in that 2008, and the minister did nothing. Speaker, the user fees, extra billing and the upselling of medical unnecessary tests and procedures not only harms patients, they harm our healthcare system. When someone needs a cataract surgery or colonoscopy, they should not have to decipher the legalities of the fees or even worse, argue about them with the physician who is going to provide that care. This government has talked a good game when it comes to protecting our public healthcare system, but if they fail to prevent this violation, all their talk is for nothing. My question is simple. Why is the government moving more and more of the services to private clinic when it cannot assure Ontario that public healthcare will be protected? Thank you. Mr. Welles, Speaker, I'm afraid that the member opposite, well, she knows full well that the clinics that we're talking about opening are non-profit clinics, Speaker. She knows also that we enforce the commitment to the future of Medicare, and I would urge anyone who is being charged for medically-insured services report, and I'm even going to give you the phone number, 1-888-662-6613. If anyone is being charged for services that are OHIP covered, they should call that number and report it, and we will follow up. It's against the law. It is not tolerated. Thank you. Any questions? The members from Ottawa, our names. Thank you, Mr. Speaker. My question is for the Minister of Natural Resources. Minister, I know that MNR has a strong commitment to protecting the endangered species of our province, and that MNR has some great work to protect the habitats and help in the recovery of Ontario species at risk. I know that public stewardship efforts are integral to protecting endangered species in Ontario, and your ministry encourages this through programs such as the Species at Risk Stewardship Fund. I was happy to hear in the beginning of March that your ministry announced funding for a number of new projects to protect, preserve and restore our rich biodiversity and educate other speakers. Could the minister please tell the members of the legislature about how your ministry helps protect endangered species through public stewardship projects such as the Species at Risk Stewardship Fund? Thank you, Minister of Natural Resources. Thank you, Speaker, and I want to thank the member from Ottawa, Alene's, for being such a strong advocate on this issue, and our party clearly stands in strong contrast with respect to our position on this with the opposition. The Stewardship Fund enables our partners to carry out a shared vision to protect species right across the province of Ontario. Since 2007, in fact, we've announced $35 million in funding for 660 projects across the province. These local stewardship grants have restored more than 24,000 hectares of habitat and have generated more than 2,100 jobs in doing so. Projects such as these, through our ministry, help to provide protection for more than 150 species at risk, Speaker, and help our ministry ensure Ontario's native species continue to contribute to our rich biodiversity. In fact, in the beginning of March, our ministry was honored to receive a recognition award for the Environmental Commission of Ontario for our efforts to reestablish a migratory bird, the piping plover at Wasaga Beach. This recovery process was an excellent example of these stewardship programs. You're here. Supplementary. Thank you, Speaker, and thank you, Minister. I'm glad that your ministry is working hard to protect threatened species, such as the piping plover, that these efforts are recognized by the Environmental Commissioner of Ontario. I have a keen interest in preserving their environment and our province is rich biodiversity and the species that risk stewardship funds sounds like a great way for the people of Ontario to get involved and assist in that goal. To increase knowledge and awareness, we can play a role to protect Ontario's natural spaces and the plants and animals that live in them. Could you please elaborate for the members of this House, some of the projects that local groups have put into action to preserve our province's rich biodiversity? Thank you, Minister. Thank you, Speaker, and again, thanks to the member for the question. Earlier in March, our ministry announced that it will be supporting 103 different projects through our Species at Risk Stewardship Fund in the 2014-15 year. Up to $5 million in funding will be allocated to 75 new projects and 28 ongoing multi-year projects. The number of projects taken up by local community members in our province demonstrates the dedication that Ontarians have to protecting our natural resources. One of these important projects includes an initiative by the High Park Nature Centre. They'll lead an innovative urban bat project to learn about the brown bat and northern long-eared bat, which are both species at risk, Speaker, as well as the Canadian Wildlife Federation will work to better understand concerns with the American eel in the Ottawa River. These are just two of the many projects that we've taken on. And local community groups have supported that demonstrates our commitment to protecting biodiversity in Ontario. Thank you for your question. Remember, from first grade... My question is to the Minister of Health, Children and Youth Services. Children's mental health agencies are exasperated. One in five young people in Ontario need... Stop the clock, please. You've kind of put two ministries together. I need to know which one. Secret, Children and Youth. Children's mental health agencies are exasperated. One in five young people in Ontario needs mental health services. Demand is going up and so are wait times. Among the many expert groups that have expressed concern, there's a consensus that we're facing a tsunami. Although your government claims to be increasing services, kids' mental health services in Ontario have been, in fact, grappling with unprecedented cuts to their operational funding over the years, while residential services have not seen any investment at all. As the Minister responsible, what are you prepared to do to remedy the situation and help these kids and me? Thank you. Minister of Children and Youth Services. Thank you. Thank you, Speaker, and thank you for the question with respect to children and mental health. As we know, the first three years of our Ontario comprehensive mental health strategy was focusing on children. And we have made a big difference in our communities over that period of time. However, I believe the member opposite also recognizes that we recently released our Moving on Mental Health strategy, which directly will impact this sector and is in direct response to what we've been hearing from parents, because certainly we have been hearing from parents, from families, from youth and children. We've put together the strategy. I'll let you know a little bit more about the strategy and the supplementary, but certainly our commitment remains strong to children's mental health. Thank you. Thank you, guys. Thank you, Speaker. Kids need action, not more strategy and study. Mr. Speaker, I question this minister's commitment to the children who she's tasked with advocating for. I respectfully remind her that the agency she's responsible for have had their budgets decreased steadily in relation to the inflation rate. Since 1992, this sector has seen a meager 8% overall increase. As such, many could close doors and send kids to the hospital emergency department as their last resort, the most costly form of care. Having wasted a billion dollars on gas plants and sending millions overseas in debt interest charges, will the minister identify where she will find the money to fund community-based children's mental health programs and services? Thank you. Thank you, Mr. Speaker. Thank you, Speaker. And again, with respect to children's mental health, we've in fact been increasing our investments in our communities. We've increased our mental health workers in schools and all our communities. We've added 770 new mental health workers in our communities. Our budget will go to 90 dollars for children's mental health. Our moving on mental health strategy will ensure that there's a lead agency that parents don't have to tell their stories over and over again. We'll bring communities together. We'll ensure that the system is easy for parents. I have certainly been listening to parents and our youth, and we will continue to do that. We have been acting. It's not just a strategy. It's not just words. We are absolutely committed to children's mental health. Thank you very much, Mr. Speaker. My question is to the Minister of Education. Speaker, I have been working with a group of French language parents in my writing. The Coalition de Péran pour une école secondaire de Cartier is furiously working towards securing space for a French language secondary school in East Toronto. There are 1,000 French language students in desperate need of a high school that has the full facilities of a regular public or Catholic school. Currently in Toronto, College Français located downtown can only house 399 students. Monsieur le Président, est-ce que? Mr. Speaker, can the Minister tell us why the Francophone students in East and Toronto have to go on to downtown to be transferred to an English school for their secondary school? Thank you very much. I think the answer here is that when you look at the investment that we have made in new French language schools, so people understand we're talking here about French as a first language school boards, the French public and French Catholic school boards, that in fact we have spent about $1.3 billion investing in new schools for the two French language school boards over the past 10 years. There has been a significant investment in schools. The way the process works, Speaker, is that we ask the school boards each year to submit their capital plans and to identify their priorities and to present a business case for each school once they are requesting funding. And we look at those business cases. We've announced in this recent announcement we're making a number of new French Catholic schools in French public. Supplementary. Speaker, there are 1,000 French language students in the East end of Toronto, and that number is set to increase by 50% in the next three to four years. The minister needs to know that this is an urgent need, but it seems there is no plan in place to address it. In an effort to secure a high school in our neighborhood, both public and Catholic school parents are working together in order to secure school space that currently exists in underutilized schools. When is the minister going to commit herself to meet the parents and work with them to find a school in East Toronto to find a school in the same area? Well, I can only repeat, speaker, that the process is for the relevant school boards, the French public and the French Catholic school boards, to identify the schools and present those in their capital plan. They are responsible for making those business cases, but just to reassure the member, in fact, we have actually announced 12 new French language schools in this year's capital plan. But the boards, well, the boards need to put forward the business cases because for, in fact, we have actually provided capital for Viamonde, for example, the French public board that is responsible for Toronto. So I was very delighted to announce new schools for both of the boards that work in the Toronto area. So I just want to assure the member that we are going money to catch them. Thank you. New question, the member from Oakville. Thank you, Speaker. I've got a question this morning for the Minister of Consumer Services. Minister, in my writing of Goatville, we've got many businesses, both small and large, that sell and use propane on a daily basis. I've always understood the need for the careful use of propane and the safety requirements for propane handling in business. As a very volatile product that needs to be handled carefully to protect both workers and the public, it's important that there be comprehensive regulations and requirements around the storage and the handling of this product. And we need robust certification requirements for business and individuals who work with the product. So given the importance of safe propane handling, Minister, would you please share specifically how the government ensures that we have safe handling and storage of propane in Ontario? Thank you, Minister of Consumer Services. How do you do that? First, from Oakville for raising this very serious and important topic related to, excuse me, public safety. Proper handling and storage of propane is very important to maintaining and promoting safety in Ontario. That's why we continue to implement the recommendations from the Propane Safety Review Panel 2008. We've already implemented measures, such as annual inspections, propane transfer facilities, increased training requirements for employees and risk and safety management plans as part of the licensing process, Speaker. The implementation of these recommendations has gone a long way to enhance public safety in Ontario. And as a public sector regulator, the Technical Standards Safety Authority, known as the TSA, is charged with overseeing the requirements on and the business of handling propane. The minister works very closely, Speaker, with the TSA. Thank you, supplementary. Thank you, Speaker, and thank you to the minister for informing the House today about the regulations and the requirements that the government already has in place to ensure the public safety in Ontario in regards to the storage and handling of propane is well handled. It's comforting to hear that we've taken action to ensure public safety when dealing with a product as volatile as propane. However, as a representative of a riding where there's a large number of small businesses and small business owners that use and sell propane, I've also heard concerns about the over-regulation of businesses that need to use propane on a daily basis. So it's important to me, Speaker, that sufficient public safety is maintained, but it's got to minimize the burden on business as well. Minister, I've heard that your ministry is looking at specific measures to achieve such a result. Would you please inform the House on what those new initiatives are that you currently have under consideration? Thank you, minister. Thank you. I'm very happy to have the opportunity to inform the House about the proposals to enhance the propane safety regime in Ontario and the ones that are currently under consideration. So the proposals aim to improve safety while minimizing the burden on business speaker by increasing efficiency and simplifying regulatory requirements. Proposals put forward for consideration range from a change in the inspection model to streamlining the approval process and simplifying training requirements. Some of these proposals, Speaker, rise from the recommendations received from the propane safety review panel that stated that TSA should inspect facilities annually until enough data has been gathered to develop alternative approaches to enforcement. Staff continue to accept and review public feedback on these proposals that look to relieve regulatory burden on business while, of course, maintaining and enhancing public safety. Thank you. New question, the member from Wellington, Halton Hills. Mr. Speaker, my question is for the Minister of Health. As we know, Kaleidiko is a new drug which appears to be a miracle treatment for some cystic fibrosis patients and it gives hope to families with loved ones who are suffering from it. In recent weeks, we have listened to the government's lame excuses for the delays in the approval of funding for Kaleidiko for cystic fibrosis patients like Maddie Vanstone. But it's not just Maddie Vanstone. In my writing, I've been approached by three families who've been affected by cystic fibrosis and to whom Kaleidiko represents hope. Three families in my writing. Today I'm standing up for Maddie Phipps and Shannon and Matthew Bain, all of Georgetown and Lindsay Shaw of Fergus, all of whom have cystic fibrosis and all of whom need Kaleidiko. My question to the Minister is simple. Why are these families being forced to wait so long for her to announce funding for Kaleidiko? Thank you. Please. Thank you. Minister Feldman from Cure. Well, thank you, Speaker. And I want to be very clear that Kaleidiko is a drug that offers real hope for some people with cystic fibrosis. I know that, Speaker. And I think it's important, though, that we do negotiate for these drugs. We have worked in a pan-Canadian approach, Speaker, on this drug and 29 other drugs, and we have successfully reached agreement with drug companies at prices that make it able for us to afford more drugs for more people. For the opposition party to suggest that we simply pay whatever price the pharmaceutical company says they want to charge us is simply irresponsible. It was not their practice when they were in office, and I can assure you that it's important that we negotiate the prices. And, Speaker, I hate to say this, but some pharmaceutical companies are relying on this kind of public pressure so they can charge higher drugs than they're charging in other jurisdictions. Can you supplementary? Well, Mr. Speaker, the Minister knows we're standing up for our constituents, so she should understand that. It's now been more than a year since I first raised this issue with the Minister, and we're still waiting. I first raised the issue of Kaleidiko with the Minister in December 2012 in an email to her office. I spoke to her personally on February the 20th last year, and again on March 20th of last year, and I raised the need for Kaleidiko funding in the legislature in debate a year ago tomorrow. I followed up in question period on May the 2nd, last year, when I specifically asked the Minister to commit to doing everything she could to expedite the process to approve this drug. While the government appears to be hiding behind a broken process, families worry and wait for more than a year. When will the Minister announce approval for funding for Kaleidiko for Ontario Cystic Fibrosis patients? Thank you. Thank you. Do you see it, please? Minister? Speaker, I think it's important that the member opposite acknowledges that the company, the pharmaceutical company called Vertex, Speaker. Member from Suffering, Caledon, come to order second time. The pharmaceutical company was funded to the tune of 75 million, plus an additional 75 million promised for the development of this drug by the Cystic Fibrosis Foundation in the United States. This research and development was funded by the public, Speaker. I think when people donated to that cause, they expected patients would benefit. So I think the company, Vertex, needs to be held to account. They need to negotiate. We ought not pay higher prices for this drug than in other jurisdictions. If you really care about this, I urge you to contact the pharmaceutical company and say, take your responsibility to the people with Cystic Fibrosis seriously and negotiate with us as Canadians, Canadian children. Thank you. We are on order for votes. This House stands recess until 3 p.m. this afternoon.


Welcome to digital asset news. Take a top stories and crypto bring down a bite-sized pieces. So today it's not about the news It's about a question and this question came to me from an old friend Dave the pilot in between time Dave's time of flying millionaires around the world and Apparently playing a bunch of video games on Twitch. Here he is right here and sickness He wants to know what I would do with a hundred thousand dollars and what I would invest into And it wasn't just Dave that asked this question. It's been a bunch of different people who've asked this question and It's gone everywhere from like what would you do with you know an extra 25 bucks a month to what would you do with a hundred thousand? So I need to try to answer that in the best way possible in the most comprehensive way possible in this video and first thing I'll tell Dave and everybody else is this is that Everybody loves you when you're making these price predictions and you're like, hey And it's gonna go up this way and it gives people hope but I try to be very cautious on that because in crypto as we've seen before things go up massively and they go down Astonishingly low so you'll have big peaks and valleys So like this like when I did a price prediction video in January 7th I talked about voyager going from 29 cents to 30 dollars and People were pretty happy when the next couple weeks it went from 29 cents to 60 cents And I went to a dollar then I went to three dollars then five dollars and seven dollars Everybody loves you because they think I'm gonna be rich fast and that's what everybody wants Everybody wants to be rich fast, but I have to stress this this is not a get rich quick game This is you got to be in for the long haul and we'll go over that in a bit And actually voyage I went from seven dollars back down to five to three to under two bucks And now I think it's around two dollars and 30 cents or somewhere on there So just so you know when I make these these different types of things It's at the end of the year and you have to be an investor if you want to be a gambler and do leverage trading and You know do all you know 50 to 100 extra money This is not the channel for you and I will say thanks for stopping by but the door is that way Because you're not gonna get that here Sorry, so let's jump into it. So first of all, I need to start talking to you everybody about the big thing is what's your goals because Dave's goals are different than my goals my goals are different from your goals So you had to really just determine what you want to do in life As far as like investing they were gonna talk about a mindset because that's the most important part about Investing really comes down to mindset you can invest all day long I know a lot of rich people and I know a lot of rich people who have lost a lot of money because they're Mindsets awful they can do it once but then they lose it and they're like well, what happened your mindset sucks And then we're gonna talk about all in or DCA or dollar cost average doing your own research And then finally the cryptos that I would invest into if I had an extra hundred bucks a month or a hundred thousand Just laying around like Dave talks about okay, so the first thing is this what's your goals? I don't know what your goals are and again on this channel. It's investment opinion not investment advice I can't tell you what to do That's what I would do with my own money and when Dave said what would you with a hundred thousand land around? I was like honestly first thing I would do is I take a look at the houses in my neighborhood Especially I will also go on air DNA, which is a website where you can find where all the different people are renting air BNB's and look for houses in that area and I would take a hundred thousand and I would do a down payment She needs 20% for investment properties, and I would get an investment property another one and roll it into an Airbnb That's what I would do off for a chunk of that hundred thousand and then of course I would invest into in the crypto But those are my goals again my goals are not your goals So we did a video on that you can check it out. I'll link at the very end Now that's what now what you want to do But what I really want to talk about is that? Everybody's different right so like if you're in your 20s, maybe you're in your 20s You got two ways to look at things either you're in the long game like look I'm just here until you know my 40s 50s and 60s I'm just gonna keep investing and you know go that route and I've got a long way to go or you're like I want to make money quick and I want to be a little bit of a gambler while your risk tolerance is a little bit higher than mine I'm in my 40s and Getting older every day. So my goal is a little bit different now. It doesn't matter the age You could be 60 like I still want to get rich today Sure, okay This is gonna be a little bit harder and it's gonna be a little bit of a riskier if that's if I was in that position again Can't tell you what to do. So you have to determine What are your goals first of all about what you want to do and over a time frame? And I think that's pretty much the bigger type of issue and then we really want to take a take a look at the mindset and the mindset here and This is gonna help you a lot as far as like the history because it doesn't matter how much money you have like I said Before I've known people who had millions and they made it kind of once and they just blew it on stupid stuff You see it all the time and like professional athletes and boxers and things like that They have a ton of money and they just their minds They don't have the mindset to hold on to it and just you know let it grow So the thing that I want to make mention here is we got a backup and we got to take a look at things like the dollar and Talk about let's get the elephant out of the room What if we just kept a hundred thousand bucks into a savings account? Well, you can do that But here's the thing there's this thing called inflation and that's about 2% every year depending on what year you're in I'm not gonna get into that but I want you to stop thinking about the dollar as like I have this many dollars I want you to start thinking about the dollar as to what can I purchase with that dollar and The purchasing power of the thing that you are in possession of how much can I purchase with this dollar? How much can I purchase with this crypto currency? How much can I purchase with this asset with gold and silver and homes and how much can I sell and do other things with? That's the big question So like with the dollar you have to understand when your grandparents are like I used to be able to buy a Truck with a nickel. I mean maybe they could because the the the power of the purchasing power of the dollar was so high Back in the day, but because inflation and different things with Federal Reserve Banking you can just see over time a Dollar that was worth of dollar in 1913 with a nickel Now probably much much less and actually now with the printing of the dollar with the quantitative easing with the trillions That are being put in you can see there's an inverse relationship between the Purchasing power of the dollar and the amount of dollars that are being pushed into circulation which makes sense, right? We hear about all the time and like a Zimbabwe or or a Germany or Or Greece where they just like just print money and print money and the value of the of the fee out of the cash goes down because there's so much in circulation and As of and this just only takes us like 2010 as of February 10th 2021 there was two trillion worth of Federal Reserve notes in circulation and that's 20 Yeah, February 10th. So right here. We're only looking at 800 billion So the purchasing power of the dollar is way down So let's just get that out of the way Me personally can't tell you what to do. I'm not gonna keep a bunch of money and savings because it's just a roads I need to put it into assets that appreciate so What would I do? Well, if you want to take a look at like I mean land and and houses That's fine. Also in stocks and equities. That's that's good, too But if you want to take a look at Something that would actually more I guess bank for your buck. We'll say like that, right? So this is a graph or not a graph It's just an image that talks about if you invested a thousand dollars ten years ago Actually, it's more like 11 because I've had this thing for like a year So if you invested a thousand dollars into Google, it will be 6,000. It's pretty good 600% good for you X 6x Facebook will be 9,000 Amazon 22,000 Netflix my favorite 34,000 Tesla 159 which is still I mean fantastic if you're taking a look and going if I put a thousand bucks ten years ago 11 years ago. I can now have a hundred fifty nine thousand. That's fantastic Or if you put a thousand you can have two hundred thirty seven million into Bitcoin So that's not too bad, but how does that work because I mean does it just keep going up forever and and how are these cycles and What are you talking about these pits? Let me just take you down a little quick path if you're not familiar with it everything Follows Bitcoin right now. Maybe in the future. It won't but there's these things called the four-year cycles thing called a halving Bitcoin is created around 2009 so she knock motor. I think we all know that or most of us do But there's a thing every four years called the halving and what that means is that these Bitcoin miners They they they use these these motherboards these special the ASIC miners or whatever miners that they have They solve these complex problems and they get a Bitcoin every ten minutes. There's so many Bitcoin, you know per block Well, there's let's say you get like Five thousand right from the very beginning now in 2012 this thing called the halving the same amount of work Same amount of power, but you're gonna get like twenty five hundred Bitcoin instead of the five thousand or whatever why what whichever one it was I always forget So you have the same amount of demand But you have half the amount that it's actually coming in and the supply so what that means same demand Half the supply price usually goes up. So the halving happened 2012 then 2013 it Exploded to 1132 that became unsustainable and people like this is crazy And then just dropped down as a big dip a year after and there's a reset the same thing happened in 2016 there was a halving About a thousand went up 20 X to around 20,000 almost all-time high in 2017 Big dip and there's a reset and the same things happening again. We think we're not a hundred percent sure But it's been it's happened the last eight years good chance it could happen again. So in 2020 The price was 29,000 and then in 2021 so far we've seen we've seen 65,000 but there's been dips and valleys along the way and Some people will say well Rob, I got to get rich now because it's this is it's do or die. So unless you Really need it now. You got to understand there's another four-year cycle coming right around the bend So don't worry so much about I've got to make it now Look at these cycles and see what what things are going and we'll get into exactly the Infrastructure that's being laid down in just a second.  Well, look man Every single bull market there's been pullbacks and we can see it in the last bull market We had a pretty big run-up when it was a thousand bucks and went to like two or three thousand But then there was a thirty percent drop Then we saw it again, and it went to four or five thousand and we saw another 40% drop and the same thing happened it goes up and it goes down up and down. So the thing is is like People say you should just dump it all in you can dump it all in you can do what I talk about as far as like going all in We'll get to that but in all honesty Mentally, can you do that mentally? Can you? Can you if you're Dave, can you put your hundred thousand dollars in today at 30 Whatever 33,000 words at Gillett's what is it July 7th? July 8th, okay And just put it in there and just be like well if it goes to 20,000 no big deal Or maybe there's a better option. So I'll show you what I'm talking about. So just remember this is another way to look at things This is 27 2016 2017 you go up a little bit down up and down up and down up down Okay, so there's gonna be drops so mentally you have to prepare yourself for the extreme volatility There's not so much volatility in Stock market they look at something go. Wow. We're down 6% today. We should this is crazy.  Nobody cares. So just be aware that is what's going on and then When I see this and I see all these things that are happening right here People will say well, why are there so many dips going all the way up? Well, there's a couple reasons first of all people like to take profits. Those are the smart traders, right?  There's one Some people will say it's manipulation and they'll say well There's just these whales that are manipulating and some people will talk about how There's these new stories that crash the market and of course that is a is a contributing factor and then You know, some people will say well It's just overvalued and it just kind of crashes down because people just think it's overvalued all those things could be correct But I will just say This I don't know the percentage of what it is as far as like what crashes the market at each time and frankly I really don't care because I'm in here for the long haul, but think about this way What if it's not Those big reasons what if it's because that the infrastructure right now just isn't in play see I thought in 2017 that Why would anybody sell their Bitcoin? Cuz this is the future. This is one of my fatal flaws.  This is Caitlyn long She is one of the heads of the Avanti financial group over in Wyoming smart lady.  We're building the infrastructure and things are going well She's like but the people that I talked to They don't have everything in place that we need to be so she goes This is kind of like a landing or like like a launchpad and she was I think that the next four-year cycle is gonna be pretty big Now does that mean that you can't make? Massive gains or I can't make massive gains in this market. No but for us to go from the market cap of 1.4 trillion dollars to 50 trillion dollars, I think is pretty unreasonable Do I see like an 8 trillion 9 trillion 10 trillion? Market cap sure but the big money and everything else that could potentially happen is in a long run And that's usually what it comes down to it's all about the big money play or the big long investment So there's another thing that I want to talk about real quick is that as far as like The investment strategy is you have to understand that to get your mind right You have to deal with stuff like this you have to deal with stupid stories about how This government is banning crypto and this is getting out and Elon the car salesman tweets about this So you have to understand that these are just stories and they move the markets here and there But in the long run, it doesn't really matter. So this is I love this meme So when you start hearing about China, which you will Just know that China bans Bitcoin every single year and they've already banned it a thousand times But the mainstream media loves to talk about it every time You know why I'd like to talk about it because it gets clicks and it gets eyeballs To watch them or read their blog post or whatever else it is. So just so you know China has banned Bitcoin and cryptocurrency since 2017 and They just have been doing more crackdowns and tightening up the loopholes. So don't pay attention so much that also on top of that I want to show you this great website called 99 bitcoins. It's called Bitcoin obituaries and this takes place from Oh, let me see here Let's do all When you take a look at this as far as all these are all the times that Bitcoin has been declared dead by the main Lame stream media and you can see it at the price points of like 14 bucks and da da da look at Bitcoin has died four and 20 times and let's see the most recent one June 21st Bitcoin is worth exactly zero same thing we've been talking about for the last gosh 10 years So deal just know that you're gonna see the fud. You're gonna see all these things But when you look at if you watch my show, you're gonna know that how many different Institutions and retail investors and big money players are getting into the game every single day And how many partnerships are happening and what's gonna happen is really what it comes down to is just Inevitable and then if you really want to take a look and go back further take a look at things like this I'm old and I remember when stories like this were coming up Internet's a fasting pad That passing fad is millions give up on it. This is really what people thought They thought first of all they thought that the internet would be just a way to read blog posts Or it'd be like a big dewy decimal system if you're already know what I'm talking about and it became a lot more than that So just be aware of what's happening. Also. This is a nice little story in 97 Jeff Bezos went to the Harvard Business School And they told him that he was a moron and he needed to sell and get out to places like Barnes and Noble because His product sucked essentially think we know how that worked out and then There's all those things like this like you're gonna hear about fud stories about people trying to ban crypto and everything else Well the telephone industry That's funny who here's got a got a landline I mean my grandmother does that's fine, but I mean landlines Telephone industry moves to ban internet phone software.  It's gonna be voiceover internet protocol and good luck That's hilarious and they really tried and they took him to court and they lost So the same thing with I mean you see you'll hear like India trying to ban Bitcoin and of course they already went through their whole thing and the central banks are still trying but the The Supreme Court of India said no, it's not gonna happen and then of course there's this one just so you Understand really how early you are in this game. This was in April 1963 they said you'll be able to carry a phone in your pocket in the future and 21 years later it was announced you could actually do that 1984 first commercial cell phone. So Just so you know, it's been 10 years for crypto. I mean Bitcoin was in 2009 now. There's second There's there's a you know second tier block chains or third generation block chain I think it's a fourth generation blockchain coming up and things just accelerate much faster So we've had 10 years. I think we're all we're almost at the cusp, but we still are pretty darn early. Okay, so then Here's the question then and this comes on to this. Am I should I go all in or should I DCA? First of all, I just what's called dollar cost average and when I send this to Dave He's like English Rob and owners who are talking about so so real quick dollar cost averaging is just you can and Instead of buying at the top or at the middle at the bottom because you never know with markets like this This is 2017 essentially right when Bitcoin was 20,000 Would you be okay? I'll just talk to Dave Dave. Would you be okay taking a hundred thousand dollars and buying Bitcoin at at 20 grand a pop So you'd have five Bitcoin. That's pretty good. That's pretty good in 2017 get by Bitcoin But here's what happened within a month. They went from 20,000 to like 4,000 So well, I think it was about 5,000 actually So you just lost 75% and here's the thing you don't lose anything unless you sell So let's just get that all the way. But the value went down 75% could you go and tell your wife like hey, babe 100,000 I had if we cash out now It's only gonna be worth 25,000. So I lost any 5,000 my bad Could you mentally handle it?  I think I know where things are going the thing I cannot tell you is Exactly the dates of when it's gonna happen. I can give you a kind of a timeframe when I think it is but just a guess So that's why I dollar cost average and what that means is if I was smart or not If you look over here see when in 2016 actually, let's just go here here jam 2019 This is where I really did some damage and just started buying actually was right here Right before that when everything was just flat all these flat plateaus instead of just taking my hundred thousand dollars or however much I had I would just put in 25 bucks a week into Bitcoin and I think I put in like 50 bucks a week into Ethereum and I also put in like 10 bucks or 20 bucks in the Cardano and It seems to work out pretty well because I've been doing this since 2017. So imagine those prices back then Bitcoin was 5,000 Ethereum was around 250 $300 in Cardano was like a penny or three pennies or something like that.  I don't know if there's gonna go to zero or go up now looking back Hindsight is 2020.  I could have taken a hundred thousand and dumped it all into Cardano or Ethereum or 50-50 split. I'd have been a multi multi millionaire true My friend did he did that in 2017 the very beginning, but you don't know where it is in the long run Can you mentally handle it? Well, if you can then then that's up to you and you could definitely You know dump this in again investment opinion on investment advice.  No big deal No big deal. I'll just I'll just write this out. Can you do that? Well, if you can then all in is pretty fine If not, I personally dollar-cost average because I can find some great deals like look I if I buy up here, that's cool at 20,000 Then I buy it maybe 10,000 then I buy down here at a thousand So my average cost of what I bought Bitcoin is around 10 grand So I don't feel so bad and I have a little bit more leg room to play around with and do these things So that's what I talk about is going all in or dollar-cost averaging and then I will say this Dollar-cost averaging is safe. I mean a little bit safer Here's another thing These products that we talked about as far as crypto just know that they could I mean look 2017 there was everything was going to the moon and I got into a lot of different things and a lot of those things went to this Zero so just be aware of that So there was a study and lump sum versus DCA when investing a new sum of money for 20 years 20 years Immediately dumping in it all at once and a lump sum has outperform dollar-cost averaging 71% of time It's pretty good, right? So You know three out of four times You're gonna do pretty well But unfortunately well two out of three I guess three out of four or whatever and then 30% of time one out of three times Dollar-cost averaging so here's the question. Which one do you want to do? Do you want to be a gambler and go? You know what?  It's all up to you. So the question then is what do I invest into? What do I actually invest into as far as? you know crypto and Digital assets so this is where it comes down to you got to do your own research and there's a website I think it spins above my head constantly Dan teaches crypto.com, you know, it's a hundred percent free website I created a hundred percent free it'll always be a hundred percent free and I put it on all my my best Basic information that I can possibly get and stick it in the members area And all you got to do is click on this big orange thing to start learning you sign up Which I just need your email and I do not spam you all I do is I send you emails when I have a new video And then here's the members area For do your own research We're looking at module for reviews. That's what it is Yeah, and then the very first video as I talk about how to do your own research My friend Ian Belina helps me out and he shows us what he does as far as like his own research Which he has two different methods the free method and there's a pay method I just use the free method. But if you want to check out, you know, that's that's fine so that's the big thing you got to do your own research and I'll just The basics the basics is this as far as like research. Here's what you got to do. Here's what I do I invest in people if you have a small ever have a great team who has already done things before and you are actually making a Headway and doing great marketing and you have good advisors. I'll probably invest into your to your startup That's essentially what all this stuff is. That's what I look for But then there's also a thing talking about tokenomics and does this thing actually have real-world utility Has this gain traction? Does it have a good community? We talk about all those things in this video and that's what you need to do to decide Where you should invest, you know your money you need to do your own research You cannot listen to what I say and what I do Because I am not a hundred percent Perfect all the time go figure. I do make mistakes so it's up to you to do it and Go from there and then lastly I will just say this even though I do make a ton of mistakes I can just give you my my best guess and the things that I've done or Cryptos that I have invested into so when we take a look at that Here's my price predictions and again I can only tell you kind of a time frame These are all guessworks about where I think I take a look at the at the history of what crypto has done in the past What is doing right now? What kind of different partnerships and all the different things that has happened in that crypto The real-world utility what's actually doing and then of course what it has as far as like It's timeline and what it's gonna do. So this I've had two different Price predictions. There's a video that I just did an updated one a couple of videos and The big thing for me is look at the probability and look at safety. So again, what are your goals? What are your goals compared to my goals if your goals are to be a little bit more risky then? These probabilities may not really matter to you. Maybe you're like, you know what I want to take a look at Let's see what a big good one Like in iota, right and iota could go up massively so maybe or maybe a BTT or maybe a file coin maybe a mana Whatever it is, right? You say I I'm just going for the big swing for the fences types of games Or I'm just gonna put maybe that out of that hundred thousand or that hundred bucks per month I'm gonna break it up. Maybe 20 bucks is gonna go into mana and Then maybe like 50 bucks is gonna go into ethereum And then I got 30 bucks to play with and I'll put that between bitcoin and cardano and chain link whatever that's up to you, right? um, but for me if it's like I'm weighing between the gains that I could get and The probabilities and the safety what has been around for a long time What are on the tips and tongues of all the different investors and institutional players that are getting into the space and everything like that? Bitcoin's pretty safe and the thing is it's at well It's at the today's price around 32,000 we'll say and I think it can go between 130 and 150k And also alex meshinsky over there at celsius things can go to 160k He thinks I'm very conservative and some people things go to 100k. So whatever so If it was me and I had 100k First of all We'll just stick with that. I'm not going to talk about Airbnb. So let's just say with bitcoin I would probably put in a If I could dollar cost average right now because I don't know where where I'm going to I would probably every week I'd put in thousands of dollars into bitcoin really actually, you know what? Let's go. Let's go back If I had 100k I could dollar cost average or I could just do what's called value cost averaging in maybe I take four lumps 25 25 25 and 25 That's called value cost averaging And I just say, you know what? Bitcoin and I'm going to see where it goes Because I think at the end of the year it'll be okay if I can mentally prepare myself for 20 drops 30 drops 70 drops in value, but I know it'll go in the long run. I'm okay. So I'd say like uh bitcoin I put 20 I put 20k into bitcoin me personally I would also take a look at ethereum and cardano. Does anybody believe that cardano ethereum aren't going to go up at the end of the year? I mean look, uh, cardano people say well, no, it doesn't do anything. We'll look to smart contracts are coming So I think just on top of that we're going to see it was already 250. Why couldn't it double again? From 130 to 260. I I don't see how that could not happen by the end of this year So if I want to do it I probably put about 30 into cardano 30 into ethereum and then maybe 20 Maybe 10 to chain link and there's this other one called voyager, which I'm always talking about because of utility I've explained myself a lot of times and I put into there So that's if I wanted to value cost average or just put in like like one big dump if I wanted to dollar cost average I would just split it up I'd split up between bitcoin ethereum chain link cardano voyager and there's a multiple ways to do that I could just put a thousand a thousand a thousand a thousand a thousand a thousand a thousand five thousand per week Into voyager or if I only had a hundred bucks a month. I would just say $20 in bitcoin 20 ethereum 20 challenge 20 Voyager because look, you know why I'm doing that. It's because My money's on fire So why wouldn't I just put it in there and then dollar cost average? So again, there's a lot of different ways to do it and then if you're more of a gambler You know, you look down and say well, what else is out there that could really do some things. I think solana Solana could do great things and that's The big ones as far as this the other ones. I think a little bit more risky Maybe not storm x. I think storm x would do pretty well do well world mobile token They're just launched so I can't even tell you meld is risky because it just launched. I can't tell you and then Go from there. So that is it. That's what I would do. So Dave I hope that helps you but again, this is an investment opinion not investment advice But I'm just a cautious person and I believe in what's going to happen coming up in the future And that's really all I can really tell you because I don't really care about the swings day by day. I don't care about the swings month by month I just look at the very big huge picture because I'm just an investor and I think things are going to Do massively well in the crypto digital asset space Just follow my channel Watch the daily news Watch the different things watch all the banks that are getting into it the institutions the hedge funds Governments venice, you know, not venezuel Paraguay and el salvador are getting into I mean el salvador even has legal tender for bitcoin So if you don't think that it's going to go pretty far and especially what we just talked about then I would tell you anyhow, that's it. I know a little bit a little bit long But it was important that we talked about all these things Moving forward just to get everybody the right mentality. So if you like the video found value, give it a thumbs up Also consider subscribing while I think we talk about our time sensitive as far as the news stories And that's it for today. So thanks so much. I appreciate it. See you on the next one