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VIDEO: 3 dumb things Kevin O’Leary said about the Alberta election

What does Kevin O’Leary think about Alberta’s newly elected progressive NDP government? “Alberta was the shining light of capitalism,” O’Leary told Business News Network in a post-election interview. “Now it’s fallen off the cliff into a socialist bog — I don’t know what else to call it.” He went on to blame the election results on “a […]

What does Kevin O’Leary think about Alberta’s newly elected progressive NDP government?

“Alberta was the shining light of capitalism,” O’Leary told Business News Network in a post-election interview. “Now it’s fallen off the cliff into a socialist bog — I don’t know what else to call it.”

He went on to blame the election results on “a lot of socialists” who moved to Alberta “because they couldn’t get work in their socialist provinces,” but “still vote that way.” He also complained of the NDP’s “class warfare” rhetoric, saying they’re talking about “throwing all the entrepreneurs out of the province.”

O’Leary, a reality TV show star and Chairman of an investment fund, is a former CBC host who once said the 85 richest people owning more wealth than the world’s 3.5 billion poorest people was “fantastic news.” He also called Thomas Piketty’s ideas“insane.” 

WATCH 3 dumb things Kevin O’Leary said about Alberta:

O’Leary stepped up his rhetoric in the Financial Post Thursday, instructing international investors to pull out of Alberta and called raising taxes on corporations and reviewing royalty rates “un-Canadian.”  

O’Leary’s diatribes aren’t the first example of the business community overreacting to Alberta’s election results with “apocalyptic” rhetoric.

On Thursday, a few appeared to change their tune. Several prominent corporate leaders (and major Progressive Conservative donors) who, before the vote, told voters to “think straight” in the face of a surging NDP, are now saying they’re prepared to“work together” with Premier-elect Rachel Notley.

“Democracy has spoken and it is always right, and it’s time to move ahead,” Doug Goss told the Edmonton Journal. “When called upon, we all have to offer the best advice we can to the new government.”

For his part, O’Leary seems happy blazing his own path.

“It’s a Petri dish,” O’Leary (who at another point referred to the new Alberta government as a “disease”) told BNN. “I wouldn’t invest any money in Alberta now.”

Photo: BNN.

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