John Bolton - June 09, 2025


The new NARRATIVE - Everything is fine... nothing to see here


Episode Stats

Length

10 minutes

Words per Minute

198.02197

Word Count

2,109

Sentence Count

159

Misogynist Sentences

5

Hate Speech Sentences

1


Summary

In an interview with Vashi Kapelis and Danielle Smith on CTV, they talk about how Canada has gone from being an energy superpower to stagnation, and why it's time to focus on oil and gas production.


Transcript

00:00:00.000 Hi, it's John, and welcome to the channel. Great to have you along. I've got the big blue mug of
00:00:04.040 coffee, 5.30 a.m., Monday, June the 9th. Hope you had a great weekend. I took the day off yesterday.
00:00:09.800 I've got family here from British Columbia and Ontario, and it's so wonderful to have them here,
00:00:14.800 but my, is it exhausting. I'm off to Banff and Lake Louise later today to give them a little tour
00:00:21.900 of those beautiful places here in my Alberta. Today, I want to talk about something that I've
00:00:27.100 noticed happening, and I think the lowering of expectations is already here with this liberal
00:00:32.300 government. We went from elbows up, what is it, Canada Strong, Team Canada, energy superpower,
00:00:40.560 we've got to build things to get things done in this country, and we want to be the strongest
00:00:44.800 economy in the G7 to everything's just fine, what are you complaining about? And I noticed this in
00:00:50.160 an interview with Vashi Kapelis and Danielle Smith on CTV. Not only that, but Danielle Smith had to
00:00:56.880 explain investing to Vashi Kapelis, who I think went into this interview with good intentions,
00:01:01.360 with lots of information, but she doesn't understand you have to invest in something
00:01:05.200 to get something out the other end. And the other thing is that the people who voted liberal,
00:01:11.260 well, there's a saying. Lenin said, give me four years with the children and the seed I have sown
00:01:15.840 will never be uprooted. The liberals have done that to adults who voted for them in four months.
00:01:20.800 So let's watch a quick clip of Vashi Kapelis and Danielle Smith on CTV, and we'll talk about it
00:01:26.780 a little bit. We went from excelling to what I'm thinking is stagnation. What are you worried about?
00:01:32.240 Why are you complaining? Like zero to 60. According to Statistics Canada, for the fourth consecutive
00:01:38.400 year, production of crude oil and equivalent projects reached a record high in 2024, up 4.3%
00:01:44.620 from 2023. I do really quickly want to turn to ask you. I just want to say we have an aspiration to
00:01:51.260 double our production and we could have. We could have been at already probably six to seven to eight
00:01:56.360 million barrels a day. That's what I'm looking at. And why should we hold ourselves back when we know
00:02:00.640 the world wants our products? This is the time for us to build them. Yeah, I guess I'm just
00:02:04.460 countering the idea that things are destitute or that nothing is being developed or production is
00:02:08.740 extremely capped. Like the numbers bear out a different story. They're not perhaps as high as you and
00:02:12.560 other people in the province or maybe even across the country want to see, but they're not going
00:02:16.260 down. Actually, we've got the lowest living standards in the world. Like we're falling
00:02:20.260 behind all the OECD countries in productivity growth and center of living growth. And that's
00:02:24.900 because these are the kind of projects that consistently fail and do not get built. So we
00:02:29.840 can't sugarcoat that. That is a reality. If we want to be a rich country and we want to be able to
00:02:33.800 keep up with our neighbors and growth, we've got to build things. We've got to dig things out of the
00:02:37.400 ground. We've got to get products to market. This is the narrative you're going to start to get.
00:02:42.140 Things are just fine. Oil production is up. Vashie says it right at the beginning of that clip,
00:02:47.640 4.3%. And Carney's going to have to start pushing this narrative and you're going to hear it a lot
00:02:52.300 more. And the people who vote liberal who are lost, I mentioned that Lenin quote just a minute ago,
00:02:58.980 are going to push this narrative as well. Because Carney's not going to build anything.
00:03:04.580 Because he can't. Because he needs a consensus. There's never going to be a consensus from
00:03:08.340 aboriginal groups and provinces to get oil pipelines built here.
00:03:12.440 Vashie Capellis, things are great. What are you complaining about, Madam Premier?
00:03:17.040 Oil production's up year after year. 4.3%.
00:03:20.160 And Danielle Smith has to bring her back around saying, but think where we could
00:03:24.320 be if we have actually invested in oil and gas over the last
00:03:28.720 10 years. We want to double our production, which is beneficial to Canada.
00:03:32.580 And then Danielle Smith has to go on to explain investing to Vashie Capellis,
00:03:36.940 which I don't think she understands at all. Watch this.
00:03:39.740 You made the pitch initially that it could build the roads, build the hospitals,
00:03:43.760 build the schools. And now it's instead going to go to oil companies.
00:03:46.800 Well, 100% of zero is zero, Vashie. Like if you don't end up with production and you don't end up
00:03:51.100 with revenue, there's nothing to divvy up. You have to begin with production. You have to create the
00:03:55.720 environment where energy companies feel like they can get product to market and they can make money at it.
00:04:00.920 And then we all benefit. But at the moment, we've had a situation where we've had cancellation of
00:04:05.800 pipelines. The cancellation of Energy East, of Keystone, of Northern Gateway. That would have
00:04:10.440 generated 2.5 million barrels a day more of production than we have right now, which would
00:04:15.460 have been $55 billion of revenue that we don't have to talk about who ends up getting what share.
00:04:21.280 I don't want that situation to continue. We have to get these projects built. And then we can talk
00:04:26.140 about what the relative amount is that should go to different levels of government, First Nations,
00:04:31.980 the company itself. But I can tell you for certain, if none of these projects get off the ground,
00:04:37.280 then we'll be in the same position that we have been for the last 10 years, watching missed
00:04:40.800 opportunity go by.
00:04:42.140 Do you get the feeling that Vashie Kapelis just doesn't understand how investment works? Or is
00:04:46.580 she pushing some type of a narrative that everything's just fine? What are you complaining
00:04:50.080 about? Madam Premier, you could be spending money on social services instead of giving it to the oil
00:04:55.060 and gas industry. And Danielle Smith has to go on and explain to her, Vashie, you know,
00:05:00.160 if we had invested over the last 10 years in oil and gas, we'd be rich right now. Do you realize
00:05:05.220 Canada spends more than a billion dollars a week just servicing its debt? That's more by a long
00:05:09.960 shot than we spend on our healthcare system. I don't think Vashie Kapelis realizes that the
00:05:14.020 federal government just doesn't have a big stash of money they can hand out. Government only has what
00:05:18.640 it takes from someone else. The someone else is you and me and Vashie Kapelis.
00:05:22.400 When government gives Alberta money or writes a check like they used to do with the carbon tax,
00:05:28.260 that was just returning money to its rightful owner.
00:05:32.700 She doesn't understand this. You should have been spending the money on social services. Yeah,
00:05:37.820 but Vashie, you know, Vashie Kapelis is like this. She's standing in a pile of money and won't bend
00:05:44.180 over to pick it up. Danielle Smith is standing in the same pile of money, trillions of dollars,
00:05:48.080 saying, we need to invest. Give me 10 bucks and I'll get that money. We can get it. But the people
00:05:54.600 who believe in this kind of propaganda, right here, see this on the line all the time. Danielle
00:06:01.520 Smith doesn't want you to know that the federal government provided $29.6 billion in direct
00:06:06.060 subsidies and financing to the oil and gas industry in 2024. I think this is BS. I don't think those
00:06:11.240 numbers are right, but even if it is, who cares? It's an investment. If we spent $30 billion last
00:06:17.580 year in the oil and gas industry, money well spent, it'll come back 10 times over or even more.
00:06:25.020 And then something in the first clip I played for you is getting played up online as well.
00:06:29.200 How Vashie Kapelis owned Danielle Smith, how Danielle Smith is being stupid, how she said something really
00:06:34.360 stupid because they've got to discredit her as well. They hate Danielle Smith. She's loved in the province
00:06:38.620 that would destroy the NDP if there were an election today. Danielle Smith would win a massive
00:06:42.560 majority in Alberta. The rest of Canada hates her because she wanted diplomacy against Donald Trump
00:06:47.140 and she's handling things differently. She's the smartest politician in this country right now.
00:06:52.260 But they're going after her for what she said in the interview with Vashie Kapelis. You've already
00:06:56.440 heard it and here it is again. Vashie, we've got the lowest living standards in the world. Like
00:07:00.740 we're falling behind all the OECD countries in productivity growth and center of living growth. And that's
00:07:06.180 because these are the kind of projects that consistently fail and do not get built.
00:07:10.660 CTV question period, tweeting out what Premier Smith said on how Canada has the lowest living
00:07:16.500 standards in the world, how we're falling behind other OECD countries, which is absolutely true.
00:07:22.200 You and I saw these graphs, a whole bunch of them during the election campaign. And we were falling
00:07:27.200 behind Germany, which is an economic basket case. They had 10 times GDP growth of Canada. It's pathetic.
00:07:33.920 But the Liberal voters, I mean, Lenin, it took four years to plant a seed. It took the Liberals
00:07:41.740 January, February, March, April to the election to plant a seed that will never be unsown in
00:07:47.700 their minds about this country. Elbows up, Canada strong, Team Canada, energy superpower. It's
00:07:54.200 a joke. Not going to happen. You see lots of stuff like this.
00:07:57.400 Ontario, Quebec feel Albertans are loud whiners over nothing. Daniel Smith, oil production's
00:08:05.220 up 4.3%. Vashi Capellas on national television, on CTV, pushing that narrative. You're going to see a lot
00:08:10.980 more of that because they've got to, because they build up the expectations, the Liberals, and they're
00:08:15.240 not going to be able to live up to them. And we knew it all along. Conservatives knew that.
00:08:19.340 Then you see stuff like this. This guy, Aaron Singleton, who calls himself an Albertan Canadian.
00:08:24.320 Of course, he's got the Ukraine flag there. One day we're the richest province that gives
00:08:28.660 disproportionately to Confederation. The next we have the lowest living standards. Our Premier,
00:08:32.880 ladies and gentlemen, I think that's a vomit emoji. They've got to discredit Premier Smith
00:08:37.480 because she's the one person who's sticking up for her province. But I have hope
00:08:42.500 because a lot of people followed this up, including me. Responding to Aaron Singleton,
00:08:50.520 I misspelled talking, sorry. She's talking about Canada, not Alberta. Surely you know that. Surely
00:08:56.880 you knew that before you voted for the people who are responsible. And they put a couple of those
00:09:00.700 graphs I just put up on the screen. Other people as well. All the more reason to gain more independence
00:09:06.200 from Ottawa. Glad you agree. Canada's economic growth is poor and near the bottom of the pack.
00:09:12.120 Research and learn. Well, when people have to pay 70% of their earnings to be able to afford a home
00:09:18.440 and don't get me started on the price of food and basic bills in this country,
00:09:21.900 I would definitely agree with her. Even South America has better standard of living than Canada.
00:09:27.940 And then there's this one. Oh my God, actually listen to what she said. I'm not a big fan of Smith,
00:09:32.780 but you are being deceptive in your interpretation of the words used. Stop it and be better.
00:09:37.840 Expect more of this narrative. Instead of excelling, we're stagnating, but it's perfectly fine. And
00:09:45.460 you're going to hear it a lot more from the media as well. I want to go to this. This guy
00:09:48.720 concerned Canadian who I follow on X. He lists the biggest threats to Canada. Let me run a run
00:09:56.160 through the mass immigration, soaring debt, liberal government ideology, food costs, housing affordability
00:10:01.920 and availability, job losses, declining GDP, decreased productivity, WEF aligned Canada,
00:10:08.600 agenda rather, fiscal incompetence, your list, and to which I said, you need to add people who vote
00:10:14.380 for more of this. Liberal voters. The liberal government's a threat, but the people who vote
00:10:21.620 for them are even worse. All the more reason for us to leave Canada. All the more reason for us to
00:10:29.240 leave Canada, meaning Alberta.
00:10:30.660 Thanks for watching. I do appreciate it. If you like the video, please give me a thumbs up,
00:10:34.280 subscribe to the channel, ring the bell for notifications, and I'll see you in the next one.