John Bolton - September 27, 2026


Gaslight, Lie, Harm - It's The Liberal Thing To Do

Topics
Carney's budgeting practices
Hosted by
John Bolton
Mentioned
Mark Carney Donald Trump Francois-Philippe Champagne Warren Gunter Sandra Cobenya Pierre Poilievre Maple Maga Gutter Paulie
Carney's Casualties - The Economy & Jobs, But MOSTLY YOU Canada Is A Loft Apartment Over A Really Great Party

Episode Stats


Length

11 minutes

Words per minute

173.34

Word count

2,039

Sentence count

160

Harmful content

Toxicity

5

sentences flagged

Hate speech

4

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 .
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00 I can announce today that we are on track to balance the operating budget next year,
00:00:05 one year ahead of schedule, while maintaining the lowest overall definition of the 27th.
00:00:19 Hi, it's John, and welcome to the channel.
00:00:21 Six o'clock in the morning, Sunday, September the 27th.
00:00:24 I hope you're having a great Sunday and a fantastic weekend.
00:00:27 I tip the big blue mug of coffee to you today. And more on that clip off the top in just a moment,
00:00:33 okay? I think what I'm going to do in post-production is put the letters L-I-A-R
00:00:38 right across that video because Mark Carney is lying to Canadians. More on that in just a moment,
00:00:43 okay? Now, I don't want this channel to be a recurring theme of the absolute march of Canada
00:00:50 to its destruction led by Mark Carney, the Liberal Party in Ottawa, but that's what's going on right
00:00:55 now. It's impossible to ignore. The material is there day after day after day. A lot of it has
00:01:02 really wrapped up since Mark Carney and the liberals deep-sixed that deal with the United
00:01:08 States on trade a few weeks ago. It's all their own fault, and it's the people who support this.
00:01:13 It's their fault as well. But ladies and gentlemen, the chickens are coming home to roost.
00:01:18 I foresee what's happening right now almost a year ago. You know, I went back and I knew I'd
00:01:25 talked about this. There's probably other videos on my channel, but I found a short clip I'm going
00:01:29 to play for you in just a moment. Last November, as a matter of fact, I think I'm wearing a poppy
00:01:33 in this video where I predicted what's going on right now. How Carney had created different sets
00:01:39 of books, operational capital budgets. The capital budget is known as the investment budget. And
00:01:44 they're cooking the books right now and outright lying to Canadians. They're gaslighting you
00:01:48 about the state of the economy and budgets and deficits and debt in this country right now.
00:01:54 And people buy it hook, line and sinker. And here's the thing. This is the game plan, ladies and gentlemen. I did this video last year, November last year. Blame America, bankrupt Canada. It's the liberal thing to do. We've gone from that to anybody who questions what the liberal government are doing right now are called unpatriotic. They're called maple mega or they're called traitors to their country. And that includes the official opposition.
00:02:20 Anybody who questions Mark Carney, Chairman Mark, is called a traitor to their country.
00:02:25 This is how it works, ladies and gentlemen.
00:02:28 This is how the downfall continues.
00:02:32 So let me take you back to last November and tell you what I said.
00:02:36 And then we're going to read an article, a couple of articles that are proving what I said last November is coming true.
00:02:43 Last November on this channel.
00:02:45 We will cut wasteful government spending.
00:02:47 We'll make massive investments in the things that grow our economy.
00:02:52 Okay, so he talks about cutting wasteful government spending.
00:02:57 Now, this is where we get into the accounting trick, okay?
00:03:02 When he says he's going to cut wasteful government spending, that's the operational budget.
00:03:07 So he's going to cut back some jobs.
00:03:09 But the investments he talks about, as we said here, are massive amounts of money that
00:03:15 he says will grow the economy.
00:03:17 that's the other set of books he's got. He's got the operational budget. Then he's got his
00:03:21 investment budget, which is deficit spending. And it's going to be huge.
00:03:26 So there you go. They're doing exactly what I said. We had this article pop up
00:03:30 this week. Carney will miss target for balancing operating budget. PBO says this is from September
00:03:36 24th. But here's an article from Warren Gunter from yesterday. Carney liberals play fast and
00:03:40 loose with federal books. Okay. So let's read some of this. Spending, then covering it up.
00:03:46 That's the only fiscal strategy the Kearney Liberals is good at.
00:03:50 They will spend an additional $38 billion this year over last.
00:03:54 The Canadian Taxpayer Federation calculates the federal government will spend $594.8 billion in 2026-27.
00:04:02 And much of that, nearly $65 billion, will be borrowed money.
00:04:06 Interest on the national debt, which sits at about $1.4 trillion, will cost Ottawa and taxpayers nearly $59 billion this year.
00:04:13 That's more than federal health transfers to provinces or total GST revenue, according to the CTF.
00:04:20 Yet despite all this, the federal liberals keep insisting they will balance the operating budget by 2027-28.
00:04:26 Prime Minister Carney told his investment summit in Toronto last week
00:04:30 that means the government's day-to-day expenses will be in balance one year ahead of the schedule they set for balance in last year's budget.
00:04:37 I can announce today that we are on track to balance the operating budget next year. 0.97
00:04:42 He's lying, and the little lemmings in the audience all clap like this is some kind of great accomplishment.
00:04:54 The question you have to ask again is, ladies and gentlemen, I think it's a very important question. 1.00
00:04:58 How is any of this helping you?
00:05:00 How has your life been improved since Mark Carney became prime minister?
00:05:04 With all this spending they're doing, any better, ladies and gentlemen?
00:05:07 So let's go back to Gutter's article, and here's where the cover-up comes in.
00:05:12 And by the way, somebody is going to bring up the fact that he's not really helping Canadians in just a moment.
00:05:16 Somebody you might know.
00:05:18 So hold on for that.
00:05:19 Since last year, the Kearney government has split federal spending into two budgets, operating and capital.
00:05:24 Capital is the investment side.
00:05:27 The operating budget pays out health, education, and welfare transfers to the provinces,
00:05:31 funds senior subsidies and child tax credits most of the civil service's payroll to purchase supplies, rent, and so on.
00:05:38 Meanwhile, the capital budget is supposed to cover infrastructure, major projects, and anything else that might be considered an investment.
00:05:46 But according to the PBO, the government plays accounting games with the capital budget.
00:05:51 You don't say.
00:05:52 Mislabeling a lot of operational spending as capital investment.
00:05:56 Therefore, making operational spending seem lower than it actually is.
00:06:00 And remember when he says, spend less, invest more.
00:06:03 Investing is just a lot of spending of your money.
00:06:06 Having two sets of books, which is essentially what the Liberals are doing,
00:06:10 allows the Carney government to hide a lot of operation spending in the investment column,
00:06:15 thereby making it look as if they are balancing the budget quicker.
00:06:19 To top off its three-card Monty budget process, great way to put it,
00:06:23 the Liberals are taking credit for fiscal prudence that they are not practicing.
00:06:27 Of course, the budget, operating or otherwise, will not be balanced ahead of schedule, or maybe never.
00:06:32 And now here's a kicker to the story.
00:06:34 You get this from yesterday. OECD downgrades Canada's economic growth as Carney moves away
00:06:42 from the U.S. Did you see this coming? I certainly did. A little bit of this article,
00:06:47 not too much. And then we'll get to somebody you know very well who is actually speaking on behalf
00:06:53 of you, wanting to do better for Canadians. But he is called somebody who's unpatriotic for
00:06:59 questioning the accounting tricks of Mark Carney and the Liberal government. Prime Minister Mark
00:07:05 Carney warned that pivoting our economy away from the U.S. would come at a cost to Canadians, 1.00
00:07:09 and the latest numbers show that it's true. And of course, people are saying, I'm willing to 1.00
00:07:13 sacrifice for Canada for Mark Carney and the Liberal government. Elbows up, ladies and
00:07:18 gentlemen. An Organization for Economic Cooperation and Development, OECD, report released last week
00:07:25 downgraded Canada's expected economic growth by 25% for this year, by almost the same amount
00:07:32 in 2027, 23.53% compared to its last report in June. The OECD predicts the U.S. economy,
00:07:40 of course, you're hearing that the U.S. economy is doing badly because the midterms are coming up
00:07:45 and the bought and paid for media over in the United States is all in against Donald Trump,
00:07:50 TDS, Trump Derangement Syndrome, much like the elbows-up people here in Canada, the OECD predicts
00:07:56 the U.S. economy will grow by 2.2%, or more than double Canada's 0.9% rate in 2026, and by 2.1%,
00:08:04 or 61.5% higher than Canada's 1.3% rate in 2027. My apologies for all of the numbers.
00:08:12 The numbers reflect the fact that in a trade war between two countries, the country with
00:08:17 the larger economy, the U.S. economy is 13 times the size of Canada's, is better equipped to fight
00:08:23 the smaller one. And now we get down to this. Raising the OECD numbers in the House of Commons
00:08:30 last week, Conservative MP Sandra Cabina said Canada and France were the only two G7 countries
00:08:37 that had their economic growth forecast downgraded in the latest OECD report while they went up in
00:08:43 five other G7 nations. She said the major infrastructure projects needed to diversify
00:08:48 the Canadian economy are years, if not decades away. The fault of the Liberal Party, including
00:08:54 Mark Carney, ladies and gentlemen, from completion when Canadians need help now with the cost of
00:08:59 living. The Liberals are all talk and no results, Cabina said during question period. Here is the
00:09:05 well-known politician saying basically the same thing. Our mission as conservatives to fight for
00:09:10 you and to fight for Canada, to save you money, save you money. That is our single biggest
00:09:17 immediate priority. How do we save you money? Because the problems, we got to start focusing
00:09:22 on the practical lives of real people. You know, it's all great to have summits and speeches and
00:09:28 traveling around the world, but what about right here at home in people's real lives? Where are
00:09:33 the results that they can enjoy? That is what is missing right now. You know, Paulie have talks
00:09:38 about you. How are we helping you? He wants to help you, but what does he get called when he
00:09:44 talks out against what the Liberal government is doing to you? Remember, they're not doing things
00:09:48 for you. They're doing things to you. Back to this article, okay? They, the Liberals, are all
00:09:55 talking. No results. Cabina said during question period, this Liberal government announces with
00:10:00 urgency but delivers at a crawl. When will they adopt our Conservative Action Plan so Canadians
00:10:05 can afford to live again. And here's the kicker. This is how it works, folks. They create a threat,
00:10:11 Donald Trump and the United States. They say that there's a rupture in what's going on between our
00:10:16 countries. They kill a trade deal with the United States. They pivot to the EU, which is destroying
00:10:21 our economy. And when people criticize them, what do they say? Finance Minister Francois-Philippe
00:10:27 Champagne accused Cabina of talking the Canadian economy down, consistent with the Liberals'
00:10:33 elbows up nonsense that any criticism of their policies, even citing the latest economic data
00:10:40 from the OECD, where Canada is a founding member, is unpatriotic. Now they've got a label for you
00:10:46 and they call you worse. Maple Mega, or a traitor to the country for not standing up with Canada
00:10:52 with your elbows up like the idiots who continue to support Mark Carney and the Liberal government. 1.00
00:10:57 Ladies and gentlemen, this was telegraphed almost a year ago. 1.00
00:11:03 You could see this coming, and I could see what's coming, folks.
00:11:06 I could see what's coming, even worse.
00:11:09 If we don't get a trade deal with the United States, even worse.
00:11:12 January 1st is looming.
00:11:14 I'm still waiting for the automotive industry to walk across the border and go south.
00:11:18 I'm waiting for that.
00:11:21 And who are they going to blame for that?
00:11:23 Pierre Polyev?
00:11:24 People like myself who have been calling this nonsense out? 0.99
00:11:26 We've been calling out this ridiculous government, this ridiculous prime minister who are harming 1.00
00:11:31 Canadians and doing nothing to help you. Let me know what you think in the comments. Thank you 0.99
00:11:36 very much for watching. Sorry for the rant. If you liked this video, give it a thumbs up,
00:11:40 subscribe to the channel, ring the bell for notifications. I'll see you in the next one.
00:11:45 Have a good Sunday.