PJ The Belt - October 13, 2026


Something Just Went Terribly WRONG With Trump & Carney

Mentioned
Canada has a HUGE PROBLEM NOW..

Episode Stats


Length

8 minutes

Words per minute

161.54

Word count

1,297

Sentence count

107

Harmful content

Hate speech

3

sentences flagged


Transcript

Transcript generated with Whisper (turbo).
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 My grandfather used to tell me that there were three professions that you should never trust.
00:00:05.500 Lawyers, politicians, and bankers.
00:00:08.220 Mark Carney's two of those three things.
00:00:10.520 He's a banker and he's a politician.
00:00:12.900 Look, there's a very important question that I think Canadians are not asking themselves
00:00:17.720 when it comes to this whole trade war between Canada and the United States.
00:00:23.200 And it's really a very simple question.
00:00:25.620 Do you guys remember what Mark Carney promised Canadians during the last election campaign?
00:00:30.620 Do you remember his big promise?
00:00:32.460 The one that was supposed to convince everybody that he was the right guy for the job.
00:00:36.420 And I mean, he managed to actually convince everybody that he was.
00:00:39.340 He was going to get Canada a deal with Donald Trump and not just any deal, a good deal.
00:00:45.460 And he was going to get it done quickly because he's a banker.
00:00:48.380 He's this financial genius, an economic know-it-all.
00:00:51.620 This guy was supposed to walk into Washington and show Donald Trump how it's done.
00:00:56.660 Well, folks, it's October of 2026.
00:00:59.060 We're almost in 2027 now.
00:01:01.500 And where's that deal?
00:01:03.100 Where is it?
00:01:03.920 Because we don't have one.
00:01:05.520 Tariffs are still hurting Canadian businesses.
00:01:08.080 Jobs are disappearing.
00:01:09.620 Canada's bleeding jobs like there's no tomorrow.
00:01:12.300 And our economy continues to pay the price for this entire mess.
00:01:16.920 Don't worry, folks.
00:01:18.000 Captain Elbows Up is here to save the day.
00:01:20.920 apparently all we have to do is keep our elbows up while the canadian economy continues to go down
00:01:27.140 the toilet and before i get into what i think really is going on here i want to take a second
00:01:32.380 to thank everybody who's been supporting this channel we're getting closer and closer to 100
00:01:36.500 000 subscribers and i gotta tell you it means a lot to me that so many of you keep coming back
00:01:41.400 to hear these conversations so to everybody who's already part of this community thank you
00:01:46.120 Now, here's what really bothers me about this whole thing, and I want you to pay attention to this because I think there's something much bigger going on here.
00:01:55.160 When those trade negotiations fell apart back in August, what was the story?
00:02:00.760 What was the story that Canadians were being sold at the time?
00:02:04.520 Canada walks away from a deal with Donald Trump.
00:02:08.160 Mark Carney stands up to the Americans, right?
00:02:11.120 Mark Carney defends Canadian sovereignty and apparently he was also defending Quebec's French
00:02:17.200 language. Now, hold on a second, because I don't think that framing right there was an accident.
00:02:23.680 Not for one second. And I'll tell you why. I don't believe Mark Carney does anything without a
00:02:28.920 reason. Nothing. My grandfather used to tell me that there were three professions that you should
00:02:34.480 never trust. Lawyers, politicians, and bankers, or the tax man, depending on which day you asked him.
00:02:41.880 Well, Mark Carney's two of those three things. He's a banker and he's a politician. So you'll
00:02:47.000 have to forgive me if I'm a little cynical about the guy, because this isn't Justin Trudeau we're
00:02:52.380 talking about here. This isn't some silver spoon drama teacher who stumbled his way into the
00:02:57.840 prime minister's office because of his last name. This guy's a former central banker. He's been
00:03:03.300 involved in some of the biggest financial institutions in the world. He understands
00:03:08.600 money, he understands markets, and he certainly understands political calculations. So when I see
00:03:14.920 Mark Carney walk away from negotiations with Donald Trump and then present himself as some
00:03:21.160 kind of national hero for doing it, I have questions because the media certainly didn't
00:03:27.000 seemed to have too many. Oh, no, no, no. They ate the story right up. What a hero. What a patriot.
00:03:34.780 Mark Carney stood up to the big bad orange man south of the border. Everybody gave him a round 0.99
00:03:39.180 of applause. But I want you to hold on just a second because there's one very important detail
00:03:44.700 missing from this whole story. What exactly was in that agreement? Seriously, what was in it?
00:03:51.840 What was so unacceptable that Canada had to walk away from the negotiating table?
00:03:56.120 Because we've heard all this talk about sovereignty, right? About French language rights, about standing up for Canada. But where are the actual terms? Where's the proposal? Where's the documentation about the accord? Where is it? Canadians need to understand what was said and what was offered.
00:04:14.720 If those terms were really that terrible, if Donald Trump was demanding something so crazy that no reasonable Canadian government could possibly accept it, then wouldn't releasing that information actually help Mark Carney's case?
00:04:28.140 I mean, think about it. If the Americans were making insane demands, show us. Let Canadians see it. Let everybody know exactly what we were being asked to give up.
00:04:40.380 Because I'll tell you something. If I saw an agreement that was clearly terrible for Canada, I'd be the first guy to say, yeah, walk away. But that's not what we're getting, is it? We're getting the trust me, bro, approach. Just trust Mark Carney. Trust the government. Trust the same people who promised us a deal back in 2025 and still haven't delivered one.
00:05:04.420 And it's like, give me a break. Seriously, give me a break. And here's where this gets even more
00:05:11.500 interesting, because the American side has offered a completely different account of what happened
00:05:18.040 during those negotiations. There have been claims that Canada was prepared to accept the terms
00:05:23.640 before the negotiations fell apart last minute. Now, I'm not saying we should automatically
00:05:28.260 believe everything that comes out of Washington either, but that's exactly my point. We've got
00:05:34.140 different accounts of what happened. And Canadians are the ones paying the price. We just lost 68,000 0.97
00:05:40.900 jobs yesterday. So why shouldn't we be demanding more information? Why shouldn't we know what
00:05:46.820 exactly was offered, what was on the table? Mark Carney represents us, doesn't he? He's supposed
00:05:52.820 to be working for Canadians, not the other way around. And transparency and accountability should
00:05:58.020 mean something in this country. Now, I understand that trade negotiations can involve confidential
00:06:03.700 information fine then explain what can be disclosed the red lines what made the deal
00:06:12.780 unacceptable but don't again don't go back to the whole trust me bro thing because that's just not
00:06:20.080 gonna work man it's it doesn't work but here's the deal what if mark carney doesn't actually
00:06:26.140 want this confrontation to end what if this whole elbows up business has become more politically
00:06:32.140 valuable to him than an actual trade deal with the United States. Think about that for a second.
00:06:38.480 Because if Mark Carney makes a deal with Donald Trump and the relationship between Canada and
00:06:43.520 the United States starts to improve, what happens then? Well, suddenly the big bad orange man south
00:06:50.120 of the border isn't such a useful boogeyman anymore, is he? Suddenly you can't blame every 0.52
00:06:55.180 single problem in Canada on Donald Trump. Suddenly Canadians might start actually asking questions
00:07:01.000 of their government. That's what I find so convenient about this whole thing,
00:07:05.760 because as long as Donald Trump is the enemy, as long as Canadians are being told to keep their
00:07:11.440 elbows up, there's always somebody else to blame. Something goes wrong? Blame Trump. If business
00:07:17.840 closes? Blame Trump. Canadian economy struggling? Well, that's Donald Trump's fault. Meanwhile,
00:07:24.720 Mark Carney gets to present himself as the guy defending Canada from the very confrontation
00:07:29.740 that he's supposed to be trying to fix.
00:07:32.920 And don't even get me started on the fact
00:07:35.060 that this is all benefiting the company
00:07:37.940 that he used to represent, Brookfield.
00:07:41.260 That's a whole other topic
00:07:44.140 and a whole other rabbit hole for a different video.
00:07:48.720 Thanks for watching.
00:07:50.060 See you in the next one.
00:07:59.740 You