John Bolton - June 24, 2025


Carney's MASTER plan - All the chess pieces fall into place


Episode Stats


Length

11 minutes

Words per minute

172.92969

Word count

1,965

Sentence count

172

Harmful content

Misogyny

2

sentences flagged

Hate speech

1

sentences flagged


Summary

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

Mark Carney signs a deal with the EU that could be a disaster for Canada and the economy. Why is he doing this? And why is he hitching his wagon to the EU for a reason? And what does it have to do with trade?

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.240 Hi, it's John and welcome to the channel. It is 5 a.m. Tuesday, June the 24th with the Big Blue Mug of Coffee.
00:00:07.000 Hope you're having a great day today. I certainly am. And in case you're wondering, my shirt says Metatarian.
00:00:14.540 Okay, there's a pig on there. All right. Thanks for being here.
00:00:19.480 If you're a subscriber, thanks very much for that. I do appreciate it.
00:00:23.200 And if you're not, please click on subscribe. Thank you.
00:00:26.240 So, this video today is inspired by this new deal that Mark Carney has signed with the European Union.
00:00:34.940 The CBC says it's a deepening European defense and security partnership.
00:00:39.800 Carney in his speech yesterday described it as being about defense, digital.
00:00:43.860 So, I'm wondering if a digital ID is coming real soon. Think about that.
00:00:48.200 Supply chains to security and to climate.
00:00:51.300 And certainly people have been commenting on this, on how this is a good thing.
00:00:55.380 Listen, don't get me wrong. I'm not going to put my blinders on here.
00:00:59.000 Making deals with other countries and unions is a good idea.
00:01:02.020 But I believe this deal is diabolical.
00:01:04.700 And I'm going to run through that in this video.
00:01:07.440 And hopefully I can make it short for you.
00:01:10.440 But Mark Carney certainly is doing this because of the United States, for sure.
00:01:16.660 Because we have an issue when it comes to tariffs with the United States.
00:01:19.880 And we'll get to that in just a moment.
00:01:21.460 But I also think Mark Carney is doing this because he identifies with Europe more than he does with Canada and with the United States.
00:01:29.380 Now, I see myself as an Albertan, not a Canadian.
00:01:32.360 I believe I have more in common with the states to the south of me than I do with the provinces to the east of me.
00:01:38.020 I would hand over the Canadian Charter of Rights and Freedoms for the Constitution of the United States in a moment.
00:01:44.140 Property rights, gun rights, freedom of the press, which we're getting less and less of here in Canada.
00:01:50.120 Freedom of conscience, freedom of religion.
00:01:51.900 All these things are important to me.
00:01:54.060 And Section 1 of the Charter here in Canada just completely nullify those things.
00:01:58.360 Because you don't have any rights, really, when it comes to the Charter of Rights and Freedoms here in Canada.
00:02:02.720 But Mark Carney sees himself more as a European than he does as a Canadian.
00:02:07.460 And he has more roots with Europe than he does with the United States, our biggest trading partner.
00:02:13.040 He said it before, and he said it again yesterday.
00:02:17.020 And as the most European of the non-European countries, Canada looks first to the European Union to build a better world.
00:02:26.360 First, do you feel European at all?
00:02:28.380 I don't feel European at all.
00:02:30.600 I have more of a kinship with people to the south of us in the United States than I do with Europe.
00:02:36.320 I hate when politicians speak on behalf of Canadians like that.
00:02:39.740 I just hate it.
00:02:40.820 I'm not a European.
00:02:42.300 I don't feel any kinship whatsoever with the European Union.
00:02:46.580 But this deal could end up being a disaster for Canada.
00:02:50.740 This is poking the finger in the eye of Donald Trump, which Carney's supporters just love.
00:02:56.880 But a good deal with the EU could turn into a disastrous deal with the United States of America.
00:03:02.940 But the chess pieces are starting to fall in place, just as I envisioned it back during the election campaign.
00:03:09.560 He's hitching his wagon with the EU for a reason.
00:03:13.060 It all comes back to one thing, which I'm going to get to in just a moment.
00:03:17.100 Look at this tweet he put out 14 hours ago.
00:03:19.840 In the face of rising global threats, Canada is building ever-stronger alliances.
00:03:23.820 What's the global threat?
00:03:24.960 Is that China to Mark Carney?
00:03:27.440 No, he loves China and Xi Jinping.
00:03:30.280 Is that terrorism?
00:03:31.540 No.
00:03:31.960 The global threat they're talking about here is Donald Trump.
00:03:37.040 And the deal that he was supposed to negotiate with Donald Trump is getting further and further and further away day by day.
00:03:45.480 National Post, after agreeing 30-day timeline, Mark Carney now says nothing's assured on deal with the U.S.
00:03:51.960 So, where is this going?
00:03:56.420 And why is it important to you here in Canada?
00:03:59.560 Well, we want our economy to get better.
00:04:02.520 How is any of this dealing with the EU benefiting you?
00:04:06.240 What's the most important thing to you right now?
00:04:11.620 Your bottom line?
00:04:13.560 The cost of living, which gets harder and harder for you to deal with on a daily basis in this country?
00:04:20.500 This is doing nothing to help you at all.
00:04:22.400 And it could have disastrous effects if we don't get a deal with Donald Trump in the United States.
00:04:29.180 The number one thing that got him elected, Mark Carney.
00:04:33.260 But here it is right here, folks.
00:04:35.340 Why is he hitching his wagon with the EU?
00:04:37.700 Prime Minister of Canada tweet, there he is in the middle.
00:04:42.480 I'm not sure who the guy on the right is.
00:04:43.920 I can't remember his name.
00:04:44.740 But that's Ursula von der Leyen, the head of the EU. 1.00
00:04:47.560 On his right, trade, security, and climate.
00:04:52.160 What does Mark Carney want to do with Canadian oil?
00:05:03.960 Now, within the broader context of national interest, the interest is in, as mentioned in the press release, decarbonized barrels.
00:05:12.920 So, working alongside forms of decarbonization for those barrels.
00:05:16.480 That is absolutely in our interest.
00:05:18.040 It provides diversification of trade partners.
00:05:20.220 He wants to decarbonize it.
00:05:22.680 Of course he does.
00:05:23.900 What does this mean for the oil and gas industry here in Canada?
00:05:27.280 We'll get to that in just a moment.
00:05:29.720 But this has got a lot to do with climate.
00:05:33.080 His favorite topic, folks.
00:05:36.280 This is where he made billions of dollars for himself and companies.
00:05:40.360 Climate.
00:05:41.060 And the EU is all in when it comes to climate.
00:05:45.100 Carney mentioned it in his speech yesterday when he was talking about this deal with the EU.
00:05:50.280 We're launching comprehensive negotiations across multiple areas of cooperation, connection, trade, security, digital, climate.
00:05:59.420 But now we're working alongside the European Union to combat climate change, to achieve the sustainable development goals.
00:06:09.880 So, this has a lot to do with climate.
00:06:12.620 The EU loves this stuff.
00:06:14.900 He's made billions of dollars for himself and his businesses.
00:06:17.800 But it benefits you in no way at all.
00:06:19.340 It makes you poorer.
00:06:20.700 And does the United States care about decarbonized oil?
00:06:23.800 Not with the guy in the White House right now.
00:06:25.860 And we sell most of our oil to the United States of America.
00:06:29.420 But Carney's got a plan.
00:06:31.080 If you want to make a deal with Canada and the European Union and some other countries around the world, this is what you have to do.
00:06:38.720 So, on the one hand, we have our largest trading partner, as we've been discussing, attacking us, putting tariffs on us.
00:06:46.900 On the other hand, we have the opportunity to diversify trade.
00:06:51.380 Guess what one of the requirements is to diversify trade to the European Union?
00:06:55.560 Guess what one of the requirements is to diversify trade to the United Kingdom?
00:06:59.100 Guess what one of the requirements will be to diversify trade to emerging Asia?
00:07:05.200 Is to have a form of price on carbon.
00:07:07.320 So, in Mark Carney's world, the only way you can make a deal with Canada and the EU is to have a price on carbon.
00:07:14.660 Here's an article from the National Post.
00:07:17.100 Mark Carney's carbon tariff would hurt Canadians and help no one.
00:07:20.820 And it won't help the climate.
00:07:22.960 It's going to cost you money.
00:07:24.220 And it could cost us a trade deal with our biggest trading partner.
00:07:28.980 This is the new world order, folks.
00:07:31.920 This is globalism on steroids.
00:07:34.960 He even talked about it when he talked about this deal with the EU.
00:07:39.300 So, we're meeting now, in that context, in, as you just said, in hard times.
00:07:45.640 We might say even a hinge moment of history.
00:07:48.580 A world that's more dangerous and divided.
00:07:50.660 A time where the rules-based international, the global order, rules-based global order, is under threat.
00:07:58.000 And a time when technological change is accelerating.
00:08:02.140 And we really have two choices.
00:08:05.100 It's a jurisdiction as a country in this circumstance.
00:08:08.100 We can nostalgically look back and long for the old order to somehow return.
00:08:13.580 Or we can build a new one with purpose and partnership.
00:08:17.920 The rules-based global order.
00:08:20.480 I didn't realize we were playing by any specific rules.
00:08:23.000 But now it's Mark Carney in the EU.
00:08:26.800 And I guess lining up against the biggest economy in the world.
00:08:30.240 Our biggest trading partner, the United States of America.
00:08:32.700 How long before American industry starts heading south?
00:08:36.440 Ones that are probably in Ontario that make these things called cars. 0.92
00:08:40.320 They're going to have to leave eventually.
00:08:41.960 The tariffs are hurting enough.
00:08:44.020 And, of course, we're not going to have any gas-powered cars in Canada in the next nine years now, I guess it is.
00:08:50.360 So they're going to go south.
00:08:56.260 Is this what you voted for?
00:08:58.380 Now, you voted for economic stability.
00:09:02.420 And you voted for a better way of living in Canada.
00:09:04.880 You voted for being able to buy a house that's affordable.
00:09:07.440 Or rent an apartment that's affordable.
00:09:09.200 Or less crime on the streets.
00:09:10.880 Less drugs.
00:09:13.100 These kind of things.
00:09:14.400 Important stuff.
00:09:15.640 Less immigration. 0.97
00:09:16.820 The EU is further down the road when it comes to their immigration problems than Canada is.
00:09:21.020 But we still have record numbers of people coming in here.
00:09:23.840 He's done nothing about that.
00:09:26.220 What does this mean for our oil and gas industry?
00:09:28.880 It all comes down to that for me.
00:09:30.280 I live in Alberta.
00:09:32.860 Scott Moe, I played a clip the other day.
00:09:35.240 They had that meeting between Alberta and Saskatchewan.
00:09:39.060 Their caucuses met.
00:09:41.300 Scott Moe says, we've got hundreds of things we want done.
00:09:43.960 Carney's going to throw a few scraps.
00:09:46.300 It'll be enough to buy a few votes here in Alberta and appease people who want to see a pipeline.
00:09:52.600 But we have big things we want to do in here in Alberta and we're not going to get it.
00:09:56.700 Here's an article from just yesterday.
00:09:59.320 Rick Bell, Calgary's son, Daniel Smith, goes on offense against a two-faced Mark Carney.
00:10:04.980 For Alberta Premier Daniel Smith, the clock is ticking and it's time to cut through Mark Carney's weasel words.
00:10:09.600 How long before he makes a commitment to big things here in Alberta?
00:10:14.320 Like an oil pipeline.
00:10:15.280 His weasel word, number one, is consensus, which we'll never have.
00:10:20.780 And every time he talks about growing our economy or building big things over here,
00:10:25.440 he has to throw the words aboriginals in on everything because that's a veto.
00:10:30.680 C5's a new veto.
00:10:32.600 Provinces are a veto on anything that gets built in this province.
00:10:36.360 If you're an Albertan, don't buy anything this guy says.
00:10:40.300 And don't accept the scraps he's going to throw us to try to appease us
00:10:44.180 because he says he's going to build the biggest economy in the G7.
00:10:47.820 It ain't going to happen.
00:10:49.020 Not if he's hitching his wagon with the EU.
00:10:53.340 All the chess pieces are falling into place.
00:10:57.280 We knew it as soon as he got into the race to be the leader of the Liberal Party.
00:11:00.960 You and I knew it.
00:11:01.740 That's why we didn't vote for this guy.
00:11:04.540 And Mark Carney's weasel words, as Rick Bell wrote in that article in the Calgary Sun.
00:11:10.360 What do you think?
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00:11:19.980 And I'll see you in the next one.