John Bolton - June 11, 2026


The End of Canada？ The Coming Canadian Catastrophe Caused By Carney


Episode Stats


Length

7 minutes

Words per minute

168.95

Word count

1,225

Sentence count

83

Harmful content

Toxicity

4

sentences flagged


Summary

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

Donald Trump says the USMCA trade deal with Canada and Mexico will not be renewed. What does that mean for Canada? And what does it mean for the rest of the world? And how bad is it really?

Transcript

Transcript generated with Whisper (turbo).
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
00:00:00.000 Hi, it's John, and welcome to the channel, 5.58 a.m., Thursday, June the 11th. I hope
00:00:07.840 you're having a great start to your Thursday with the big blue mug of coffee. I am getting
00:00:12.280 going much later than usual. I got up much later than usual. I was up late last night
00:00:17.880 preparing for dinner this evening with some people you probably know. I hope to have them
00:00:22.700 on the channel tomorrow for a short video. An interesting group coming to my house for
00:00:27.560 a barbecue. But a lot of people are talking about this story right here, saying that Canada is over,
00:00:34.340 Canada is done because of what Donald Trump said yesterday. Short clip on that for you in just a
00:00:39.680 moment from Mr. Trump himself. Trump says, U.S. won't renew trade deal with Canada and Mexico,
00:00:45.780 signaling yearly reviews. We don't need anything that Canada has, but they need everything that
00:00:51.720 we have, and they have to treat us better. No doubt this story will drive the elbows up people
00:00:58.320 and the people that have been manipulated by Mark Carney and the Liberal government in Ottawa over
00:01:03.120 the last year. They're going to go crazy over this. Donald Trump, of course, is Satan to them.
00:01:07.720 The United States is no longer a friend. But this story is much worse than you can imagine. The way 0.95
00:01:17.120 that Carney and the liberals have manipulated and brainwashed the people who are driving up his
00:01:22.580 poll numbers is quite extraordinary. And what he has done behind the scenes and what has been
00:01:28.640 talked about behind the scenes could doom Canada in a very big way. And all of the trade deals that
00:01:35.420 Mark Carney has said he has signed over the last year or so could be in jeopardy. So let's hear
00:01:41.440 from Donald Trump and then I'll tell you how bad this story really is.
00:01:47.120 coming fast how confident are you that you'll be able to renew the usmca and what more do you expect
00:01:53.360 from canada at this point well i'm not looking to renew it i don't you know i mean i made the deal
00:01:58.640 and the primary reason i made the deal is that nafta was the worst trade deal i've ever seen
00:02:03.200 and i made it better but i had the right to terminate and nafta was the worst trade deal
00:02:07.760 we haven't had. USMCA did one thing that I loved. After six years, it comes up for renewal.
00:02:17.180 I don't know that I'm going to renew it because to be honest with you, the United States
00:02:22.680 does much better. We don't need anything that Canada has. We don't need anything that Mexico
00:02:28.560 has, but they need everything that we have. Things are not looking good for Canada in the
00:02:33.680 upcoming trade deals, which are supposed to kick off in less than a month. But things are even
00:02:38.160 worse than you might imagine. Let's take a look at a couple of stories here. This one from
00:02:41.520 the Japan Times. Mark Carney's trade push collides with reality of U.S. dependence.
00:02:47.740 Canadian Prime Minister Mark Carney has captured global attention by championing the idea of an
00:02:52.160 alliance of mid-level economic powers that would operate beyond President Donald Trump's
00:02:57.020 increasingly protectionist United States. He made that speech that was, you know, praised so much
00:03:02.840 by the left at the World Economic Forum, yet Carney's push to lessen dependence on the U.S.
00:03:08.800 is colliding with a stubborn reality. Access to American markets remains a crucial part of
00:03:14.700 Canada's appeal to prospective trading partners, according to interviews with a dozen government
00:03:20.420 officials and business leaders. Since winning election in April 2025, Carney's team has led
00:03:25.620 four trade missions, including two to Asia, seeking foreign investment in mining,
00:03:30.220 engineering, and infrastructure projects, a fifth. The largest so far is headed to Japan later this
00:03:35.740 month. But Canadian officials acknowledge that the main draw for many potential trading partners
00:03:41.040 is the prospect of gaining tariff-free access to the world's largest market through Canada's
00:03:47.480 participation in the U.S.-Mexico-Canada trade agreement. We call it KUSMA. The United States
00:03:53.940 calls it the USMCA. Carney regularly touts Canada's preferential access to the United States
00:04:00.140 market, noting more that more than 85% of bilateral trade remains tariff-free. That USMCA deal has
00:04:08.240 been kind of a baseline of our investment attraction message, said a top Canadian government
00:04:13.260 official who requested anonymity, to speak frankly. But it's worse than this. Here's an article right
00:04:19.020 here. This is from The Last Refuge. Asian trade officials remind Canada that all deals are
00:04:25.840 contingent on access to the USA market. The final line I'm going to read to you from this story,
00:04:32.400 and I'll put links to all of these in the description below, is the one that really
00:04:36.360 tells the tale here. A little bit from this article. An interesting article in Japan Times,
00:04:41.080 the one I just read to you, reinforces several insider trade discussions that have been taking
00:04:46.060 place over the past 18 months. Essentially, all trade deals with Canada are contingent upon their
00:04:51.420 access to the USA market, lose the USMCA trade deal, and any trade terms between Asian and
00:04:59.180 Canadian counterparts are null and void. That's how dangerous this rhetoric against the United
00:05:05.620 States over the last year and a half or so has been for Canada. This is not the first time this
00:05:11.340 background from key trade nations has been shared with Canada. Japan told Canada last year that
00:05:17.360 most sector trade, specifically the auto industry, was contingent upon tariff-free access to the US
00:05:24.320 market. If Canada loses the USMCA, the terms of trade change completely. This reality is now
00:05:32.240 surfacing in comments directly from the Canadian trade teams and business insiders within Canada.
00:05:38.680 They are now admitting that without USMCA, their leverage for trade with other countries
00:05:44.100 disappears. This is a considerable admission from within Canada government that has not yet
00:05:49.920 become part of the average Canadian understanding. You see, the numbers for Kearney are up over 50%
00:05:56.120 right now because people don't know what's really going on. They're being lied to, manipulated,
00:06:00.840 and brainwashed regarding the elbows up kind of stuff, right? If Canada loses their trade agreement
00:06:06.580 with the USA, all other countries will modify their trade agreements within Canada.
00:06:12.800 Think about the leverage within that reality. Overlay the Canadian government's severe anti-Trump mindset and you quickly realize just how dangerous Mark Carney is for Canada. Links in the description. This is a catastrophe waiting to happen and this catastrophe could happen within the next 30 days.
00:06:35.900 One other thing that has come to mind is that a lot of people think that Mark Carney is hoping that Donald Trump gets defeated in the midterm elections, which are coming up this year.
00:06:47.660 If he gets defeated, he's weakened, which makes Canada in a stronger position when it comes to trade deals and dealing with the United States of America.
00:06:56.640 But things are changing, folks. 0.98
00:06:57.920 The Democrats in the United States are absolute lunatics, and it looks like Donald Trump has a 0.95
00:07:02.960 good chance of holding on to both the Senate and to the House as well. Thank you very much for 0.96
00:07:08.340 watching. If you like this video, please give it a thumbs up. Subscribe to the channel. Ring
00:07:11.960 the bell for notifications. I'll see you in the next one.