Kevin O'Leary, known for his straightforward attitude on Shark Tank, recently stated that you don't have to love Donald Trump to appreciate his policies. In a recent appearance on Fox Business, O'Leary praised the president-elect’s pro-business strategies, saying they are exactly what America needs to boost the economy and create jobs.
O'Leary is working on a massive project in Alberta, Canada – supposedly the world's largest AI data center. However, his attention is equally focused on the U.S., where he believes Trump's policies could fast-track similar ventures. Trump recently promised expedited permits for large infrastructure projects, something O'Leary says would be a game-changer.
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"If he can deliver that," O'Leary said, "it's going to bring capital back to the United States." He explained that permitting delays often scare off investors and stall big projects. By cutting red tape, Trump's plan could open the floodgates for investment, particularly in the energy and tech sectors, per O’Leary.
The AI data center he is building in Canada will rely on natural gas turbines for power, an interim solution until nuclear energy becomes more viable. He is also exploring similar projects in West Virginia and North Dakota but says U.S. permitting delays are a major hurdle.
According to O'Leary, Trump's promise to simplify the permitting process is exactly what is needed to turn these ideas into reality.
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Jobs and Economic Growth
O'Leary also believes that policies promoting infrastructure and energy projects will create significant jobs. "This is what we need," he said. "You can still hate Trump, but you've got to love his policies because that will bring jobs to these states."
O'Leary argues that these initiatives can breathe new life into local economies by cutting through bureaucracy and encouraging private investment. He is particularly optimistic about how such policies can attract capital, boost industries and ultimately create long-term stability.
Critics fear that cutting corners on permits could result in problems for the environment and public safety. Some contend that these rules prioritize corporations over regular citizens. O’Leary, however, is adamant and emphasizes the necessity of bold action to boost businesses and lessen supposed dependency on imported energy.
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O'Leary is focused on outcomes. For him, it is not about politics – it is about what works. Whether AI data centers in Canada or energy projects in the U.S., he sees Trump's business-first approach as a blueprint for success.
In October, O'Leary also weighed in on Elon Musk's ambitious $2 trillion plan to slash federal spending. Backed by Trump, Musk is proposed to lead the so-called Department of Government Efficiency (DOGE) in Trump’s second term. O'Leary called for Musk's cost-cutting expertise to be unleashed across federal agencies. "Let them in there and come back with a shopping list of ideas and let's debate it. Why not? We need to find some savings," he said.
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