John Bolton - July 11, 2026


Carney & Canada's Bad Week Is Good News For Canada - Wakey Wakey!

Hosted by
John Bolton
Mentioned
Mark Carney Danielle Smith Donald Trump Stephen Harper John
Radical... An Independence Debate - Who Won？ The Knockout Punch？ Should Canada Bring Back Capital Punishment？ A Majority Say Yes!

Episode Stats


Length

8 minutes

Words per minute

181.29

Word count

1,528

Sentence count

109


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Canadians are waking up to the fact that things are not getting better under Prime Minister Mark Carney, and it's time for them to wake up and realize that they need to do something about it. Canada's economy is in free fall, and there's no reason to believe it won't get worse.

Transcript

Transcript generated with Whisper (turbo).
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 Let's all rejoice. Mark Carney and Canada have had a real bad week.
00:00:08.040 Hi, it's John and welcome to the channel. 501 a.m. Saturday, July the 11th. I hope you're having
00:00:13.540 a great Saturday and a great start to your weekend. We're expecting amazing weather here
00:00:19.420 in Calgary today. 31 degrees. I love hot weather. My wife hates it. I plan on going out for a long
00:00:26.080 bike ride this afternoon. I'm going to try to keep this video short because I've got lots to do.
00:00:29.820 this morning. I'm working on the Independence Telethon, which is a week from today. I'm nervous
00:00:34.400 but excited. It's coming together great with lots of special guests. We need to raise money to win
00:00:39.700 the referendum in October. Now, off the top of this, I'm not rooting against Canada. I'm not.
00:00:46.240 I have family and friends that live in Canada. I'm not rooting for the downfall of Canada,
00:00:51.540 but I'm just trying to point out here that you need to wake up a little bit if you live in
00:00:57.120 Canada, you know, I'm wide awake. I know what's going on here. How long can you continue to blame
00:01:03.520 all of Canada's problems on Donald Trump? Mark Carney is going on 18 months as prime minister,
00:01:11.220 and things just aren't getting better right now. In fact, remember when he said this.
00:01:17.620 Canadians will hold account by their experience at the grocery store. Canadians will hold account
00:01:22.400 by their experience at the grocery store. And you and I know that it's not a very good experience
00:01:27.320 going to a grocery store anymore. You buy a couple of things that cost a hundred bucks. It's getting
00:01:31.800 harder and harder to afford things. But Carney is the performative prime minister. He talks about
00:01:37.300 how things are getting better. He talks about the cost of living getting better. But as a famous
00:01:42.100 propaganda said, you tell a lie once, it's still a lie. You tell it a thousand times, it becomes the
00:01:47.840 truth. On pretty much every metric, things aren't getting better in the country. He signs worthless
00:01:53.080 memorandums of understanding here in Canada and outside the country. Spending through the roof,
00:01:59.160 deficits and debt are skyrocketing. He's got endless travel. He's hardly in the country.
00:02:04.440 I think he's out of the country right now. He has a lavish lifestyle at your expense.
00:02:09.600 Well, he has food subsidies for Canadians so they can afford to eat. He has school lunch programs
00:02:14.920 so that children can afford to eat, and he increased the GSD rebate so Canadians can afford
00:02:20.380 to eat. Then he walks out and he talks about the success of these things. You do not judge a
00:02:25.460 government and you do not judge a society by how many people get on food subsidies. You judge a
00:02:32.140 government and a society by how many people get off of those things. And then he talks about
00:02:37.240 building things at rates we've never done before and at speeds we've never done before, but there
00:02:42.300 hasn't been a shovel in the ground since he's been prime minister. He's all talk. He's big
00:02:48.260 speeches. He's little accomplishment. It's all a performance for Mark Carney. Now, you know,
00:02:53.380 I think it was about a week ago I did this story right here, the moment Danielle Smith realized
00:02:58.380 Canada was uninvestable. More on that in just a moment. And then there was this article earlier
00:03:02.740 this week, four in 10 Canadian manufacturers, a U.S. production move. And yeah, you can blame
00:03:09.500 some of that on Donald Trump, but it was Mark Carney's main reason for getting elected, that
00:03:14.740 he was going to solve this problem, and he hasn't done that. So let's get to the two stories today
00:03:19.020 quickly. I don't want to go on and on all day long. We've got this article right here in the
00:03:24.480 National Post, and this is just two stories, okay, from the National Post. There's more that show the
00:03:29.880 decline of Canada, but Carney has had the worst first year of growth since 1963. Okay, just a
00:03:37.280 little bit of the story. Canadians support Mark Carney's approach to managing the economy even
00:03:41.740 though he's presided over the worst first year of growth for a prime minister since at least
00:03:46.740 1963. An anonymous research group poll for Bloomberg News shows 60 percent of Canadians
00:03:52.760 think he's done a very good job of handling the economy. That compares with 24 percent who think
00:03:59.280 he's done a very poor job. The results are a robust endorsement of Carney's economic stewardship.
00:04:05.040 That's despite the fact that since he was elected, real gross domestic product has shrunk
00:04:09.980 by 0.05%, the worst debut for a Canadian prime minister in at least 63 years. And then there's
00:04:17.060 this. Now, what happens most of the time when people read a headline? They go to a national
00:04:22.840 post, they read the headline, Mark Carney's $70 billion UAE deal to nowhere. They read that
00:04:29.920 headline and they don't go any farther, but the real meat and potatoes of the story is below.
00:04:33.920 In fact, if you read the sub-headline there, the Middle East country was ready to invest, but there was nothing to invest in.
00:04:40.880 And as I said back earlier this week, the moment Danielle Smith realized Canada was uninvestable.
00:04:47.520 So let's read a little bit of this story, folks.
00:04:50.000 It's so tragic, it's almost laughable.
00:04:53.480 Given that the Liberals long ago ditched Stephen Harper's vision of transforming Canada into an energy superpower,
00:04:59.340 Prime Minister Mark Carney has resorted to going cap in hand to actual energy superpowers to get
00:05:05.900 some of their sweet, sweet oil money. And think about that. Canada could have lots of sweet,
00:05:12.120 sweet oil money, but Carney and the Liberals in Ottawa just get in the way. The only problem,
00:05:18.460 despite his promise to fast-track nation-building projects, Canada still doesn't have anything to
00:05:23.960 invest in. Isn't that sad? The visit follows a similar trip to the United Arab Emirates last
00:05:29.800 fall, where Carney said he secured $70 billion worth of investments. Remember that. Yet,
00:05:34.540 according to a report in the Financial Times this week, when UAE officials contacted the
00:05:39.560 major projects office, the MPO, which is here in Calgary, 26 kilometers from where I'm sitting
00:05:45.260 right now, which is responsible for fast-tracking infrastructure projects, they were told there was
00:05:51.180 nothing to invest in 18 months prime minister almost folks as all the projects are still mired
00:05:58.640 in bureaucratic red tape the very thing the mpo was created to cut through just a couple of more
00:06:04.040 paragraphs and then we'll get away from this dismal article right link in the description if
00:06:09.040 you want to read them none of this should come as a surprise for if there's one thing canada's good
00:06:14.040 at it's creating impediments to getting things built a decade ago companies such as kinder morgan
00:06:20.900 Enbridge and TC Energy were eager to invest tens of billions of dollars in pipelines running to
00:06:26.980 both coasts, but a lack of political will ended up pumping the brakes on all but Trans Mountain,
00:06:32.120 which had to be nationalized to get it across the finish line. Back to this over here,
00:06:37.040 the pipeline here is nationalized, folks. $43 billion of taxpayer money, your money to build
00:06:44.460 a pipeline. Now the federal and Alberta governments are seemingly aligned on the need for more
00:06:50.560 pipelines, but private sector buy-in has not been secured. Because no one believes the newfound
00:06:56.840 political will in Ottawa will be enough to overcome the Liberals' Byzantine approvals process,
00:07:02.420 along with opposition from provincial premiers, environmental groups, First Nations, and other
00:07:07.260 special interests which have been so successful at blocking major projects in the past. Canada's
00:07:13.940 uninvestable. Carney's number is still up even though his economy is an absolute disaster. And
00:07:19.340 here's the thing about the pipeline. I'd like you to think about this for a moment. Carney's not
00:07:23.760 very popular with his party right now because he says he's going to build pipelines when they don't
00:07:28.520 really want that. He's not very popular out east, particularly in Quebec. They don't like pipelines
00:07:34.940 for the reason you know about. It starts with C and the second word starts with C. Don't want to
00:07:40.600 say it, my video will get throttled on YouTube. But people out in Quebec don't want the pipeline.
00:07:46.360 But Mark Carney trotted one out last week to the West Coast with Danielle Smith.
00:07:51.040 And you know what's going to happen? This is going to fail. And eventually he can go back
00:07:55.200 east and say, see, there's not really going to be a pipeline. I only did this to stop the
00:08:00.680 independence movement. I saved Canada. That's going to be his excuse. Let me know what you
00:08:06.480 think about this video today. It hasn't been a good week for Mark Carney. And I think that's
00:08:11.820 a good thing in a way because maybe people will wake up and realize the disaster that is the
00:08:17.520 Liberal Party of Canada and Mark Carney. If you like the video, give it a thumbs up, subscribe
00:08:22.220 to the channel, ring the bell for notifications. I'll see you in the next one.