John Bolton - October 15, 2026


Canada - Worse Than You Think & Totally Predictable

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Episode Stats


Length

11 minutes

Words per minute

175.2

Word count

1,937

Sentence count

164

Harmful content

Toxicity

2

sentences flagged

Hate speech

2

sentences flagged


Transcript

Transcript generated with Whisper (turbo).
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.480 Hi. How you doing? Here's a bright, cheerful message to start your day.
00:00:07.160 Things are a lot worse in Canada than you think.
00:00:13.240 Hi, it's John and welcome to the channel. It is Thursday, October the 15th, 420 a.m.
00:00:18.260 I hope you're having a great Thursday. Thank you so much for being here.
00:00:21.680 And I think I'm this close to 56 or is it 57,000 subscribers right now.
00:00:27.860 if you were to click on subscribe, you might be the person to get me over 56 or 57,000. I can't
00:00:34.140 remember the number right now. Please excuse me, but you would be an awesome person if you did that.
00:00:39.600 Okay. So it's interesting where I lead in the morning. I don't do regular video. In fact,
00:00:45.580 I was talking to somebody last night about this. I'm not sitting here all day, just analyzing the
00:00:49.660 latest stories in the news. I don't do that. I like to look at things through a different lens.
00:00:55.080 I saw this article this morning. I'm going to read a little bit of this to you. We're heading
00:00:59.240 toward another failed government in Ottawa. This is pretty doom and gloom, this article
00:01:05.060 in the Financial Post from Gwyn Morgan. But it's where this took me that's remarkable. Not just
00:01:12.120 where it took me, but when it took me, okay? And I'm going to play some clips for you in just a
00:01:17.320 moment. And when I looked back on the date of these clips, my jaw dropped because time is
00:01:24.140 slipping by quickly as Canada continues to slip into the abyss. So let's read a little bit of
00:01:29.500 this article right now. The pivot toward a declining Europe, the staggering federal deficit,
00:01:34.060 the secular sag in investment. These are all bad long-term signs. Now, just before I get more into
00:01:39.820 this article, you might remember that later this month, this is happening. In three weeks,
00:01:46.000 the president of the European Commission, Ursula von der Leyen, and the president of the European
00:01:51.740 Council, Antonia Costa, will be in Montreal. And that is when Canada will launch a new
00:01:59.680 transformative alliance with the European Union. Sorry about that. I didn't warn you it was coming.
00:02:06.700 I apologize. No more clips of that insufferable prick in this video, I promise you. Okay, so
00:02:13.660 there's going to be another video coming up in a moment. Somebody who may have seen a lot of his
00:02:17.880 videos go viral. He's talking about the Canadian economy, but keep in mind when you hear what he's
00:02:22.560 saying, which is very important, it's when he said it that we'll have your jaw dropping. So let's,
00:02:28.080 and this is what he came across by reading this article I was talking about earlier from Gwen
00:02:32.460 Morgan. We're heading toward another failed government in Ottawa, the pivot toward a declining
00:02:37.620 Europe, the staggering federal deficit, the secular sag and investment. These are all bad
00:02:42.240 long-term signs. It's not a long article, just a bit of it. So he's talking about Kearney joining
00:02:49.040 up with the European Union in some way, which we're going to hear about later this month.
00:02:53.220 We already have free trade agreements with the EU, CETA, TCA, EFTA. Given that we have these
00:02:58.840 agreements with virtually all of Europe, what does turning to Europe mean exactly?
00:03:04.420 The second fundamental question is why Canada would want closer relations with Europe.
00:03:08.780 It is in the words of former European Central Bank President Mario Draghi, quote,
00:03:14.440 a society facing a slow agony of decline. If the stagnation continues, the continent will
00:03:20.840 progressively lose the ability to fund the core functions of a modern state. Now, I saw the,
00:03:27.280 I saw the words Mario Draghi here. I went looking for this from the former European Central Bank
00:03:32.540 President, couldn't find it, but I came across this clip from Ian Lee. So he is the Sprott School
00:03:38.340 of Business associate professor, and he talks about Mr. Draghi in this clip. Now, stay tuned
00:03:44.180 at the end. I'm going to tell you when he said this. Can we really pivot a trillion dollars
00:03:50.660 two-way trade with Canada and the U.S. and walk away from the United States to go 10,000 kilometers
00:03:56.300 across the ocean to the European Union, which his friend, Mark Carney's friend, Mario Greggie,
00:04:01.460 says are experiencing similar collapses in productivity and competitiveness.
00:04:05.960 Now, many of you may say that Professor Lee here is being rather astute with his analysis
00:04:12.140 of what's going on between Canada and this upcoming relationship with the European Union
00:04:17.260 as von der Leyen comes here later this month. There's nothing astute about this at all.
00:04:22.740 This is prescient. This clip is from March 28th, 2025, one month before the election.
00:04:30.380 He was making this prediction back then. Remember I did the video not long ago saying there are
00:04:34.840 telltale signs that Carney was pivoting towards the EU going back 18 months. Professor Lee saw it
00:04:40.040 back then. This interview was on the CBC to talk about tariffs at the time. We're going to play
00:04:44.380 more about that in just a moment. Are the tariffs better now than they were back then? Uh-uh. Things
00:04:49.140 are a lot worse. More on this article from the Financial Post. More from Mr. Lee as well. Professor
00:04:56.380 Lee. Given this dire description from one of the EU's most experienced officials, it's understandable
00:05:01.800 that European Commission President Ursula von der Leyen wants to regain some semblance of
00:05:07.100 credibility by having Canada become an associate member, but signing on with the dysfunctional
00:05:12.580 collapsing EU would be like boarding a cruise ship that's already sinking.
00:05:18.040 Before the election of the Trudeau government in 2015, Canadian investment abroad was about
00:05:22.940 equal to incoming investment. Since 2015, $828 billion more in investment capital has left the
00:05:30.100 country than has entered the RBC. Remember their $1 trillion in lost investment? If anything,
00:05:36.900 Canada's domestic picture is even worse than the disarray in our trade and investment files.
00:05:41.740 Ottawa's 2026-27 budget projects a staggering $78.3 billion deficit. No prudent national leader
00:05:49.260 would put forward such a budget in these escalating inflationary times. To see a much-lauded former
00:05:55.080 central banker do so is perplexing. That's Mark Carney. The average Canadian family already paid
00:06:00.400 42.3% of its income in taxes, compared with 35.5% spent on housing, food, and clothing combined.
00:06:07.700 I'm just glossing over the story. Link in the description. You can read the rest. And we'll
00:06:11.720 come up with the red part. The red part will lead us into another clip from Professor Lee in just a
00:06:16.120 moment, which is eye-opening, again, from March 28, 2025. Perhaps the most troubling of the
00:06:21.860 Liberals nation destroying moves has been their policy on information. They brought in Bill C-9,
00:06:27.300 the Combating Hate Act, which amended the criminal code hate propaganda provisions,
00:06:31.380 as well as Bill C-34, which establishes a new digital safety commission to regulate online
00:06:37.180 content. I'm worried about these things. Frontier Centre senior fellow Pierre Gilbert says,
00:06:42.540 this increasing control over what Canadians can say and read is deeply troubling if success is
00:06:48.160 measured by whether Canada is becoming more prosperous, whether immigration is sustainable,
00:06:53.000 and whether Canadians remain free to speak their minds. This government is failing. Story out
00:06:57.220 yesterday, they're over on a trade mission in India. Talk about bringing 15 more Indians to
00:07:02.380 this country. That was yesterday. The Carney government would like us to believe our problems 1.00
00:07:08.960 are all caused by Donald Trump. This is the conclusion to the story. This is a recurring
00:07:15.340 theme on this channel. The Carney government would like us to believe our problems are all
00:07:19.720 caused by Donald Trump. You know, just quickly, I went into vote in the referendum yesterday. A lot
00:07:25.420 of gray hairs where I went. It was early, nine o'clock. None of these people had to work. A lot
00:07:31.880 of retirees, big houses, no mortgages, everything just fine. I could feel the elbows up in the room,
00:07:37.880 ladies and gentlemen. It was palpable. I swear to God. So let me read this last paragraph its
00:07:42.820 entirety. And then another quick clip from Professor Lee. The Carney government would
00:07:47.560 like us to believe our problems are all caused by Donald Trump. The reality is that Canada was
00:07:52.300 in self-inflicted decline well before he became U.S. president. And here is Professor Lee in that
00:07:59.060 same interview 19 months ago talking about this. And the word's been used a lot lately. I've used
00:08:05.360 it for about six months or longer, it's an existential crisis. It is, Trump is the symptom
00:08:12.720 of our problems. I know most Canadians, starting with our national leadership, say Trump is our
00:08:17.140 problem. Trump has exposed fundamental problems in our economy of rapid declines in productivity.
00:08:25.380 When I saw that clip, my jaw dropped. That was 19 months ago. He's talking about an existential
00:08:31.360 threat when he's talking about tariffs. And it's a lot worse now than it was back then. And nothing's
00:08:36.860 been done about this. But then he said, Trump is a symptom. And my eyes popped open. Because I'd
00:08:42.520 never seen this video before. And you may remember, if you've been part of this channel for any time,
00:08:47.840 I've done videos like this, a couple of them at least. Trump is the symptom. The liberals are the
00:08:52.460 disease. I was talking with somebody last night at an independence event about this. I said, 0.99
00:08:57.400 I call Trump the symptom. The liberals are the disease. And who is feeding the disease in our 1.00
00:09:03.180 country right now? That would be the Albozos. The people are voting option one in the referendum 1.00
00:09:08.100 that Alberta is going through right now. They're throwing Alberta under the bus to try to save
00:09:14.600 Canada, which has already been thrown under the bus by the Liberal Party of Canada. I want option
00:09:18.820 two. So how does Mr. Lee wrap up this video on the CBC 19 months ago? He had this to say.
00:09:27.400 the urban legend that we are equal to the United States, we're not, we're 2.5 trillion,
00:09:31.640 they're 30 trillion, and that we can inflict equal debt, the mouse, Pierre Trudeau's analogy,
00:09:36.100 can inflict damage on the five-ton elephant, is nonsense. Every study I've read shows that
00:09:41.000 we're going to suffer far more than the U.S. In fact, the OECD said this just this last week.
00:09:47.080 You and I know that we need a trade deal with the United States of America. Mark Carney seems to
00:09:51.660 think enough people will buy into this European Union thing, and he's probably right. A large
00:09:56.380 percentage of Canadians think it's just fine because they've been brainwashed and propagandized
00:10:01.620 and they've been lobotomized by the Liberal Party of Canada. Meanwhile, Canada's falling
00:10:05.360 farther behind. My province wants oil and gas. What's going on in the United States? Donald
00:10:10.100 Trump makes an announcement like this. To finally build the 800-mile-long Alaska LNG pipeline.
00:10:18.000 Trump announces a pipeline in the United States of America. Canada's still waiting and will
00:10:22.180 continue to wait and wait and wait. And even worse, ladies and gentlemen, this happened. Even
00:10:28.740 a Canadian musical icon realizes that Canada is a failing country. Joni Mitchell has become a U.S.
00:10:36.340 citizen. Thanks for watching. If you like this video, please give it a thumbs up, subscribe to
00:10:42.100 the channel, ring the bell for notifications, and I'll see you in the next one. Joni, you don't know
00:10:48.360 what you've got till it's gone.
00:10:50.360 Living next to you is in some ways like sleeping with an elephant.
00:10:54.360 No matter how friendly or even tempered is the beast, if I can call it that,
00:10:59.360 one is affected by every twitch and grunt.