John Bolton - Do NOTHING Carney... Good at Announcing Announcements, but NOTHING has changed

00:00:00.640 Hi, it's John and welcome to the channel 454 AM. I hope you're having a great start to your Sunday,

00:00:07.220 August the 31st on a Labor Day weekend. Hope you've got tomorrow off as well. I've got my

00:00:13.180 big blue mug of coffee. Thank you so much for being here. If you haven't subscribed to the

00:00:18.560 channel, please click on subscribe. Thank you so much. If you have subscribed, I do appreciate it.

00:00:24.800 So today, I want to follow up on a video I did yesterday regarding Mark Carney when it

00:00:29.800 comes to throwing Alberta scraps. I'm not going to be on the same theme here today, but I want to

00:00:34.460 talk to you about Mark Carney on how he likes to make announcements about announcements about

00:00:42.280 announcements about announcements. He never really does anything, but he does a lot of announcements,

00:00:48.360 which makes his fan base just go gaga crazy, folks. It's true. And he announced the fact that 0.74

00:00:56.580 we're having this major projects office opening up here in Calgary. The woman that's running it, 0.95

00:01:01.380 her name is Dawn Farrell, a former oil executive who has connections to Carney through his web of

00:01:08.240 conflicts of interest, by the way, through Brookfield. He can't write this stuff. Go over to Moose on the

00:01:13.360 loose. He'll bring up this little graph and she's connected with Carney through other people

00:01:17.440 and no doubt will enrich herself and we'll get nothing done because nothing has really changed.

00:01:22.220 Nothing has changed in this country. You announce an office after you announce an office after you

00:01:28.420 announce an office. I'm going to take you back to March 21st. Now, I don't think it was called the

00:01:32.720 major projects office back then, but Carney was asked questions about building things in this country.

00:01:38.000 Let's just run through this short clip or run through a few things here and we'll see what's

00:01:42.460 changed now that we have this major projects office. So here is Mark Carney back on March the 21st or

00:01:47.540 thereabouts. It could have been the 20th, but this was uploaded on March the 21st prior to the

00:01:52.100 election by more than a month. So listen to what the reporter asks off the top and we'll get to

00:01:56.740 that little bit in just a moment. He asked about a specific pipeline. This is what Carney says,

00:02:01.720 and has anything really changed now that we've got a major projects office? Let's take a look.

00:02:06.100 Global news. You talked about nation building and energy corridors. Is the federal government willing

00:02:10.900 to build an oil and gas pipeline similar to what Mr. Trudeau did with TMX?

00:02:15.200 Well, I think what the spirit of what we're doing as first ministers and what we're doing as the

00:02:20.880 federal government is creating a framework so that the private sector will be building

00:02:25.140 these projects. And I think part of the reason, if I may, that the federal government with TMX became

00:02:32.100 involved is in part because of uncertainty about the regulatory environment, the authorities and the

00:02:37.600 permitting that was required. Okay. So let's, let's see what he has said. He wants to get the private

00:02:43.180 sector to invest in a pipeline is basically what he's saying. And this is what he's hoping, I guess,

00:02:47.380 with his major projects office that he opened in Calgary. We'll get to the TMX thing in just a

00:02:52.240 moment. Is the regulatory situation better in Canada now than it was on March the 21st when it

00:02:57.760 comes to investment here? It isn't. It isn't at all. The same regulations are in place that has oil and

00:03:05.080 gas industry shying away from investment in Alberta when it comes to our oil and gas industry. Nothing has

00:03:10.400 changed at all. Danielle Smith has been very clear on this, talking about this, on how it's almost a chicken

00:03:16.640 and the egg thing. David Eby, remember him out in the BC says, well, I'm interested in talking about

00:03:21.600 an oil pipeline to the coast when we have investment. And Danielle Smith says, how are we going to have

00:03:26.120 investment if we have these continuing regulations in place? She's been very clear on this. She was

00:03:30.820 clear on this when Trudeau was prime minister. And she's also brought the same thing up when Mark Carney

00:03:36.340 has been prime minister. Under normal circumstances, we're a natural gas basin. We've got 12,000 megawatts

00:03:42.240 of natural gas on our grid. Why in the world would I only have 41,000 megawatts of solar and

00:03:47.640 wind in the queue and virtually no natural gas? That is absolutely underscoring why nobody wants

00:03:52.880 to invest in natural gas in our province. That is 100% because of the uncertainty that the federal

00:03:58.360 government created from this act. So how many of those projects, how many projects would be there

00:04:02.260 if they hadn't created that uncertainty? I don't know if I can calculate that, but I know it would be a

00:04:06.760 heck of a lot more than zero that we have right now. We've raised nine bad laws that we think are

00:04:12.640 going to be necessary to repeal or substantially revise in order to get the business investor

00:04:17.480 confidence back. So yes, great for us to be looking like we might be able to make some progress on

00:04:23.100 getting a pipeline or more on that major projects list, but it doesn't solve the underlying problem

00:04:28.500 of the shattered investor confidence because of 10 years of terrible lawmaking by the Liberals.

00:04:35.140 So we have to ask the question, with this new office in place in Calgary, with one of Mark

00:04:40.360 Carney's hand-picked people to create these major projects, projects that Mark Carney and the Liberal

00:04:45.920 Party are going to choose, they're going to hand out the scraps to Alberta. We want it all. He wants

00:04:50.760 to determine what we can and cannot build. And we know what his plan really is. It's not about oil

00:04:56.600 and gas. It's about his green agenda because that's what's going to happen with this. He will end up

00:05:01.620 enriching himself and his friends being the Prime Minister of the country. But let's move on from

00:05:06.540 this because right now the regulations are still in place. Danielle Smith has talked about them.

00:05:11.680 We're two weeks away from her deadline. I'm going to bring it up again. She's got nine demands and 0.62

00:05:16.120 nothing has changed at all. Yet Carney has announced that he's announced that he's announced a major

00:05:22.240 projects office here. So let's move on in his video and let's continue along here. We'll get back,

00:05:26.280 we're going to get to TMX here. Let's hear what he has to say. So from an action perspective,

00:05:33.340 coming together with consensus, moving quickly on approvals, maintaining standards, but moving

00:05:42.820 quickly on approvals. In other words, not duplicating approvals. We can create an environment

00:05:49.020 where the taxpayer's money is not at risk, but private money is building not just pipelines.

00:05:56.280 Okay. I'm going to just stop it right there. What is the consensus he talks about? Has the

00:06:00.340 consensus changed since March the 21st? Has any of that changed? The consensus is still in place,

00:06:05.440 folks. We've talked about it here. His consensus is he has to have the buy-in of the provinces

00:06:10.080 and he has to have the buy-in of the indigenous, but he hasn't got the buy-in of either.

00:06:16.340 There are provinces across this country, mainly British Columbia, Manitoba now, Quebec,

00:06:21.180 who don't want oil and gas pipelines running through their territories. And we have indigenous

00:06:26.720 groups that are willing to get in the way in every way possible. If Ontario wants to develop

00:06:32.440 its ring of fire in the North, indigenous groups are already going to court to make that stop.

00:06:37.340 And Mark Carney has given them the veto. So there is no consensus here. As far as Canadian taxpayers'

00:06:43.080 dollars going into these projects, it's the only money that's going to go into these projects

00:06:47.440 because we don't have the investment that he talks about. There is no investment in an oil and gas

00:06:53.500 pipeline in this country right now. The liberal government has stifled investment in this country

00:06:58.080 in oil and gas. And until they're out of the way, and Mark Carney and his regulations and the tanker

00:07:03.640 ban and the pipeline ban and all of those things and emissions caps, we're not going to have an oil

00:07:09.680 pipeline in this country because there will be no consensus. There will be no investment because Mark

00:07:14.660 Carney doesn't want it to happen. He's made it very convenient for himself. And he's the arbiter

00:07:20.480 of what gets built in this country right now. As far as TMX goes, he mentioned TMX. The question

00:07:25.720 off the top from this reporter was, you know, like Trudeau built TMX. Well, TMX, I think the government

00:07:31.480 paid something like three and a half billion dollars for it. They were going to invest a little more in

00:07:35.660 it to get TMX built. Originally, TMX was going to be built by a private company, but it got bought up

00:07:42.000 by taxpayers' dollars and it ended up costing $34 billion. The liberal supporters love to point this

00:07:48.120 out. Trudeau got a pipeline built, but it ended up costing taxpayers four or five times what it should

00:07:53.360 have cost. And it should have cost taxpayers virtually nothing. But Mark Carney doesn't want to build

00:07:59.360 anything. Daniel Smith's been very clear about if the government has to put money into a pipeline,

00:08:05.000 it will be. Well, how did she put it? She said it will be a failure.

00:08:11.600 That being said, I don't think it'll be a success if we have to have the federal government build the

00:08:17.180 pipeline. I think we have to create the conditions where the private sector has confidence that they

00:08:22.080 can build it in a reasonable period of time, that there's going to be not only a yes on the permitting,

00:08:26.500 but also a yes on the construction. Daniel Smith basically says that this will be a failure if

00:08:31.280 taxpayers' dollars have to be involved in building a pipeline. Carney addresses this in this short

00:08:36.080 little video here. Listen to what he says. We can create an environment where the taxpayers' money

00:08:41.680 is not at risk, but private money is building not just pipelines in that case, but cross-border

00:08:49.020 electricity, inner ties, something we discussed at length as first ministers, so that clean electricity

00:08:55.040 is moving across borders. This is his ultimate plan. He wants clean electricity. This is Carney's idea

00:09:02.560 of being an energy superpower, but he talks about public dollars and taxpayers' dollars not being at

00:09:07.100 risk. Whose money is going to be at risk here? Private companies? Well, that's why they're not investing

00:09:11.740 right now because of the regulations that the liberal government still have in place, and Carney has

00:09:16.520 done nothing to change. So he makes this announcement in March. He rolls out in June. This is after the

00:09:24.300 election, and he makes an announcement about his announcement. A new federal major project office

00:09:31.100 will bring together all the relevant federal departments and agencies to provide a single set of

00:09:36.820 conditions that must be met for the project to move forward. And then he makes an announcement. Let me see

00:09:42.220 if I got this right. He makes an announcement in July about an announcement, about an announcement,

00:09:49.200 but nothing has really changed other than he's now got a name for the office, which we

00:09:54.240 now know is in Calgary. Our new federal major projects office will be open by Labor Day, providing

00:10:01.240 a single point of contact for governments, proponents, and communities for proposals.

00:10:06.820 And within the last 24 hours, he makes an announcement about the announcement, about the announcement,

00:10:12.840 about the announcement, and nothing has changed and nothing's been done. Nothing has changed. All the

00:10:19.440 regulations, all the vetoes, I've called them outs, and the outs are indigenous and provinces are all still 1.00

00:10:26.320 in place. And not only that, but Mark Carney and the government, with the help of the conservatives,

00:10:31.380 have passed Bill C-5, which gives the control over any major projects to Mark Carney and the liberal

00:10:37.640 government, not Alberta. If we were independent, we could make these decisions on our own and probably

00:10:44.800 cut ourselves a really good deal and probably find investment because we'd be open to investment.

00:10:51.080 Companies would be lining up to get our oil out of the ground because it's worth a lot of money,

00:10:55.640 but that's not what Mark Carney wants. Nothing has changed. Nothing.

00:10:59.380 Nothing is changed and nothing gets done. Do nothing, Carney. If you like the video,

00:11:10.640 give me a thumbs up. Subscribe to the channel. Ring the bell for notifications. I will see you

00:11:15.320 in the next one. I tip my big blue mug to you. Have a great Sunday.

John Bolton - August 31, 2025

Do NOTHING Carney... Good at Announcing Announcements, but NOTHING has changed

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