The National Telegraph - Wyatt Claypool - May 11, 2026


69% Disapprove of Carney Fake Pipeline Plan - No Liberal Achievements!

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152

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Summary

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

In this episode of the National Telegraph, Wyatt Claypool breaks down the numbers on the lack of support for Prime Minister Mark Carney's plan to build a pipeline from Alberta to the West Coast of Canada. He also goes into why he thinks the pipeline is unlikely to get built.

Transcript

Transcript generated with Whisper (turbo).
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00:00:00 Hey guys, Wyatt Claypool here, and welcome back to the National Telegraph YouTube channel.
00:00:06 I have the whiteboard broken out for this video because we will be going into the numbers on the
00:00:11 specific issue that we're going to be talking about today, but it is not a national poll,
00:00:16 it is an issue-specific poll, and that specific issue is Mark Carney's pipeline plan to build a
00:00:23 pipeline from Alberta to the West Coast. Now, if you've been following the show,
00:00:28 you know that I think that Mark Carney is not actually serious about building a pipeline.
00:00:33 He wants to market himself as Mr. Pipeline while never actually having to get a pipeline in the
00:00:40 ground. Now, Premier Danielle Smith has been very positive about the idea that this deal will
00:00:46 actually go through. I don't think it's actually going to go through, but I also believe that
00:00:50 Danielle Smith kind of has to be artificially positive about it, if anything, even a little 0.68
00:00:56 bit artificially naive about the whole thing, because if she doesn't act like it's going to 0.99
00:01:01 happen, the media are going to blame her for it not happening. So at the start of this video,
00:01:07 I want to start with Danielle Smith answering a reporter's question, already trying to create the
00:01:13 narrative that Albertans just didn't want it enough. And that's why this pipeline isn't being
00:01:18 built. And then I want to go into the numbers of approval ratings for Mark Carney's current
00:01:23 pipeline plan. And then I want to go to the House of Commons for a question that Conservative MP
00:01:29 Jacob Mantle had asked the Liberals on the slow moving of all of the new major projects that they
00:01:36 wanted to build. We were supposed to have projects being approved everywhere left and right. And the
00:01:42 amount of projects that have actually been approved for fast tracking is very pathetic. And most of 0.65
00:01:47 these projects are not real in the sense that it's not like a full project being fast tracked. It's
00:01:53 like little bits and pieces of a project being fast-tracked. But anyways, before I get into it,
00:01:58 I just want to remind you guys, if you like the show, make sure to leave a like on this video,
00:02:02 subscribe if you're not yet a subscriber, leave a comment with what you think about all this. Do
00:02:07 you think a pipeline's going to actually get built? Do you think Danielle Smith's being played,
00:02:11 or do you think she's just being smart in how she's conducting herself? And of course, if you
00:02:15 want to become a member of the channel and help make the whole thing more sustainable for me,
00:02:20 consider going below the video and hitting the join button and becoming one of the many monthly
00:02:25 contributors that allows me to be less reliant on the YouTube algorithm. Anyways, let's get into it
00:02:32 first with this video of Daniel Smith answering a reporter's question. I'm just curious, do you
00:02:38 feel like Albertans and industry executives are viewing your negotiations with Mark Carney and
00:02:44 ottawa through a little bit of trudeau colored glasses they are tainted by what's happened in
00:02:50 the past and it's affecting how they're viewing what's happening right now it's i mean it's a good
00:02:54 way of framing it because um when you have a different leader you have to take a different
00:02:59 approach and i've seen differences in this leader compared to the the former leader and so i'm
00:03:05 approaching our discussions from a spirit of of goodwill and in the belief that he genuinely wants
00:03:11 to find a, you know, I remember, I think I've said this before, maybe not in front of the Edmonton
00:03:17 Press Gallery, but when I talked to him about, we need to find a compromise so we can get to a
00:03:22 solution on this, and he said, I don't want to compromise. I want to win-win. And that already
00:03:27 is a sea change of difference in attitude from the previous prime minister. And everything I've seen
00:03:32 so far has given me reason to believe that he's committed to that. So I'm working in good faith.
00:03:37 I believe he is as well. And the proof will be once we land this MOU and everybody can see.
00:03:42 Now, I don't actually think that she believes that the pipeline is going to get built, but I believe that she believes that she needs to believe that the pipeline is going to get built.
00:03:53 Because if she doesn't like with what that reporter was trying to imply, well, isn't it that too many Albertans and business executives are looking at this deal with Trudeau colored glasses?
00:04:03 The idea being that people in Alberta are just being too skeptical about this entire thing.
00:04:09 Now, what Danielle Smith just articulated there, that Mark Carney is different because instead of saying that we need to come to a deal or a compromise, he said, no, I want to come to a win-win.
00:04:20 Now, Mark Carney, his whole win-win strategy is what I've been describing as him saying yes while outsourcing saying no.
00:04:28 Because there is no win-win.
00:04:30 There is building the pipeline because it's good for the country, and I'm sorry, but Quebec and the environmentalists and the First Nation Band Councils are going to have to lose on this one.
00:04:40 Now, not all Indigenous Band Councils are anti-pipeline, but many of them are.
00:04:44 But my point remains that there is no win-win here.
00:04:48 There is a win for Alberta and Canada, and then there is a lose for all of the anti-pipeline people in Quebec, Toronto, the environmental groups, and the anti-pipeline Indigenous Bands.
00:04:59 that is how it's going to be but Mark Carney constantly talking about oh we need to get this
00:05:04 win-win is just the way of putting it off it's putting more barriers in front of the project
00:05:09 and so the thing that Danielle Smith what will eventually aid her is the Canadian public coming
00:05:15 in and just getting sick and tired of the fact that there's no momentum on this whole thing
00:05:20 and nobody is going to blame Danielle Smith at the end of the day because look at her she's being 1.00
00:05:26 positively credulous about the entire thing. She is absolutely believing, at least performatively,
00:05:34 that Mark Carney will actually come through. And that's where we are going to go onto the
00:05:38 whiteboard because I want to talk about the new polling coming out of Angus Reid.
00:05:42 This is with probably around a thousand or plus people. It is asking people, the specific question
00:05:47 here I'm going to start writing down results from is, is the federal government doing enough to
00:05:53 build a new pipeline or to build new pipeline capacity. So this is just overall all of the
00:05:59 major projects, including a hypothetical West Coast pipeline from Alberta. Now, right now,
00:06:05 let's go in reverse order. The amount of people who say too much, the government is doing too much
00:06:12 to expand pipeline capacity. That would be your scoldy environmentalists, Quebecers who don't
00:06:20 like Alberta and all of the people who, I don't know, just for some reason don't like
00:06:25 energy, that represents actually, let's switch colors here just for the thematic element
00:06:32 of all this, people saying too much is 21% of people who responded.
00:06:41 Now, the amount of people saying that it's just right or about right, about right is
00:06:50 obviously higher here, but it's not the highest result here. This one is 31%. 31% of people think
00:07:02 that the government is doing about right in terms of trying to increase pipeline capacity.
00:07:07 Now, there are those LNG expansions. Those are good. There's small pipeline kind of capacity
00:07:13 increasing kind of projects that are going on around the country, kind of in British Columbia,
00:07:18 mostly a little bit in Alberta. But like these are kind of small scale type projects. And we're
00:07:23 going to be getting into that in the next clip a bit later on in the show in the House of Commons
00:07:27 when Jacob Mantle is going after the Liberals for the extremely slow progress and new major projects.
00:07:33 But I guess 31% are currently satisfied with the small increases in pipeline capacity. Now,
00:07:40 too little people who think that we are not doing enough to actually increase pipeline capacity,
00:07:46 if you add the two numbers currently together right now. It's the biggest of the numbers. So
00:07:52 too little is currently sitting at... I should put it in red again because of the whole idea
00:08:01 that's missing the mark. Right now too little is at 48 percent of Canadians. Now the interesting
00:08:10 thing about these results right here is that in a lot of ways even though the people who argue
00:08:16 too little and too much are completely in disagreement with what should be done with
00:08:20 pipelines. They're spiritually connected here in the sense that they do not like what Mark Carney
00:08:27 is doing. The problem with Mark Carney is he refuses to pick a lane, which is why right now
00:08:32 his current approach is polling at 2% under one third. There is less than one third of Canadians
00:08:40 who think that he is doing about a good, you know, about the right amount when it comes to
00:08:46 increasing pipeline capacity in this country, which means that when you combine the numbers
00:08:51 of people, we all do basic math here, when you combine the numbers of people who think it's too
00:08:56 much and too little, that is 69% of Canadians who are not particularly happy with the Carney
00:09:04 liberals performance on this issue. And you can't blame them. There's no real real life sort of,
00:09:11 I guess, evidence that we've actually expanded our oil and gas production. And now that we are
00:09:17 exporting and moving around more oil and gas products, frankly, if we were, we wouldn't be
00:09:23 getting hit nearly as hard by the war in Iran, we would have our own domestic supply and our prices
00:09:30 wouldn't be like, what is it, like 30 or 40% higher than the American prices, obviously adjusted
00:09:35 from gallons to liters. We are paying way more, even though per capita in Canada, our oil and gas
00:09:43 production per capita should be better than the United States overall, since there's many states
00:09:48 where there's obviously zero oil and gas production and Alberta has some of the biggest reserves on
00:09:52 the planet. But because the liberals have very restrictive policies on extracting oil and gas
00:09:58 and then moving it around, we aren't actually doing all that well.
00:10:02 So right now, Carney is sitting with 31% of people thinking he's doing a good job,
00:10:07 and he's kind of in a bit of an impossible situation here,
00:10:11 whereas the people who say too much and about right are the liberal base.
00:10:17 Too liberal, too little doesn't really actually contain that many liberals in it.
00:10:22 So if he starts doing more to expand pipeline capacity,
00:10:26 the problem he will then be running into is that he will probably move a bunch of people.
00:10:31 He will move people from too little to about right, but he'll move a bunch of people from
00:10:35 about right to too much who live on the West Coast or who live in Quebec. And then he will
00:10:39 fuel the Bloc Québécois polling or the NDP or the Green Party's polling. Remember,
00:10:44 one of the outgoing liberal MPs, Jonathan Wilkinson, the MP for North Vancouver Capilano,
00:10:51 that guy, even on his way out, said, I think that Mark Carney is going to do the right thing.
00:10:56 and that he's not going to force a pipeline onto the West Coast that does not want it.
00:11:00 I'm paraphrasing him, but that's what he said, and that's what he has been saying for around several months now.
00:11:06 He has been one of the big people who is very anti-pipeline,
00:11:09 who's been very oddly happy with how Mark Carney's going about this,
00:11:14 because he secretly knows Carney's never actually going to get a pipeline done.
00:11:17 Again, he wants to be Mr. Pipeline with never actually having to get a pipeline done,
00:11:22 and the way he does that is he keeps saying yes, but then says,
00:11:25 Oh, but David Eby doesn't want to do it. Oh, but this random First Nations chief doesn't want to do it. Oh, but the Tides Foundation wants us to do another environmental review. That is how he's going to block it up as long as possible.
00:11:38 But now, never you mind those numbers, we are now going to go to the House of Commons, where there was a very good interaction in question period. One of the MPs I'm growing to appreciate more and more is Jacob Mantle here, I believe he is from Ontario, sitting actually next to my MP for Calgary Signal Hill, David McKenzie on his left there.
00:12:01 But Jacob Mantle does a good job of kind of summing up the new push that the conservatives are making to effectively just mock the liberals into submission in terms of their failure when it comes to actually getting pipelines built or just any major project at all.
00:12:16 And the liberal response to this is quite telling.
00:12:20 But overall, it kind of encapsulates the numbers that we've just gone over.
00:12:24 There's not that many people who think the liberals are actually like our big sea change in terms of how projects are getting done.
00:12:32 The speed to which they've increased things since Trudeau is like very difficult to calculate.
00:12:39 It's so infinitesimally small. But here's Jacob Bantle.
00:12:42 Mr. Speaker, CBC is reporting that the liberals will change the rules for resource development and pipeline approvals to allegedly try and speed them up.
00:12:49 but forgive me we've been here before last year they promised big projects that's been never seen
00:12:55 before if the minister was right we'd have projects coming out of everywhere but in that year no
00:12:59 project has been approved in the national interest nothing has been fast-tracked not one anti-development
00:13:05 resource law or tax has been removed it's beginning to feel a little bit like alice in wonderland where
00:13:09 the rule is pipeline tomorrow pipeline yesterday but never a pipeline today so if that's not the
00:13:15 case will he tell us when the next pipeline will be approved there was a pipeline being built from
00:13:29 taylor to gordondale he would have heard there was an expansion of the largest pipeline system
00:13:35 in british columbia he would have heard there was eight billion dollars just being spent in goose
00:13:40 bay he would have heard there was 500 billion dollars being spent on a new wood farm in nova
00:13:45 scotia he would have heard about the new transmission line between nova scotia and new
00:13:49 barnswick i could keep going mr speaker they should listen a little more carefully yeah yeah
00:13:54 these are not actually new projects many of these were expansions already in the works for like a
00:14:00 decade and now they are finally being built it has nothing to do with the liberal government this is
00:14:05 simply catch up that would have already been happening, whether Carney was Prime Minister
00:14:09 or Trudeau was Prime Minister. Many of these are just LNG terminal expansions. They are just
00:14:15 expanding the capacity of a current small-time pipeline. Now, I'm not anti those things happening,
00:14:22 but these are the type of projects that you should be celebrating if you are the premier
00:14:28 of a single Western province. If you were the premier of Saskatchewan or Manitoba or maybe
00:14:35 British Columbia, you could kind of celebrate these things as wins if they weren't grossly
00:14:41 behind schedule, which they are. But in terms of Canada's national economy, we are not expanding
00:14:47 our economy much at all these days. In fact, our economy is actually shrinking. If you have seen
00:14:52 the numbers, I will go now to a CBC article, as much as I'm loathe to do that. They report here,
00:14:59 Canada's economy dropped 18,000 jobs in April as unemployment rose to six-month high.
00:15:05 Now, maybe I'm just a persnickety one, but I feel like if we were actually building more new projects and our economy was going great guns, we wouldn't be losing month to month tens of thousands of people.
00:15:17 In fact, since the beginning of the year, 2026, on net we have lost 112,000 jobs.
00:15:25 We had a big fall in January, another big fall in February, I believe in March it ticked up a little bit, and then in April it fell again.
00:15:33 And even this from the CBC is burying the lead a little bit. That is a net drop of 18,000 jobs. But the thing that's offsetting the drop a little bit is that we have a lot more people working part-time these days.
00:15:49 it says, look right here, it says, the drop was concentrated in full-time jobs, which lost a net
00:15:55 of 46,700 people, offset only by a gain of 29,000 jobs in the part-time sector. This is also why I
00:16:04 do not like the CBC. The real headline is we lost a net 46,700 full-time jobs. I'm sorry, the part-time
00:16:12 jobs, yeah, it kind of stomped, stops the bleedings. What is the thing? Staunch is the bleeding?
00:16:17 some word like that. It slows the bleeding a little bit, but you don't replace... If I told
00:16:24 you that we gained 10,000 jobs, let's say, in a month, but it turned out we lost 50,000 jobs, 0.99
00:16:33 full-time jobs, and we gained 60,000 part-time jobs, you'd probably call me an idiot, probably 0.99
00:16:38 because I would be pretty idiotic for saying something like that. No, you didn't gain jobs. 1.00
00:16:44 You have lower quality jobs. Now, the quality of jobs has fallen probably by at least half in terms of the amount of money they make, the benefits they bring, and the stability they provide a family. So, you know, get out of here with we only lost 18,000 jobs in April. We lost 46,700 net full-time jobs, and we have risen a little bit in terms of part-time employment.
00:17:11 But what do I know?
00:17:12 I'm not a business economics guru like Mark Carney is.
00:17:16 That's the thing that the Conservatives need to do.
00:17:18 Just mock Mark Carney relentlessly. 1.00
00:17:22 This guy's an idiot. 1.00
00:17:24 He likes to pretend that he understands the economy 1.00
00:17:27 because he's been in effectively just professional settings for a long time.
00:17:31 He's been the governor of the Bank of Canada,
00:17:33 where he only did a good job because he listened to Jim Flaherty.
00:17:36 And I know MPs who were around at the time,
00:17:38 And they said, yeah, if Jim Flaherty wasn't telling him what to do, Mark Carney was going to do what he later did as the governor of the Bank of England and just wanted to print massive amounts of money and stimulate the economy.
00:17:49 That is what Barack Obama did as president after 2009, and it ended up having the United States economy recover extremely slowly from the housing crash, because it turns out just dumping money into the economy and printing it, inflating the currency, doesn't actually improve the economy.
00:18:07 it just spreads the pain out a little bit. Again, what do I know? I was never a Goldman Sachs man
00:18:14 and I never helped Justin Trudeau plow the economy into the side of a mountain. It proves
00:18:19 that he has experience and I don't. I love his little stupid retort when Oliyev was chirping 1.00
00:18:25 him about not actually having a trade deal signed with the United States yet. You know, that thing 1.00
00:18:30 he promised to do at the end of last July, you know, July 2025 that we're coming upon the
00:18:36 anniversary of in a couple months now. When Pauliev was chirping about that, Mark Carney's
00:18:42 response was, well, when has he ever signed a trade deal? When has he ever negotiated a trade
00:18:48 deal? You got him. You got him. I guess that's why he's not prime minister and you are. Now,
00:18:55 how about show him, know what would really get under Pierre Pauliev's trade? Know what really
00:18:59 is sticking his craw, you know, and get his goat and all those other, you know, random sayings.
00:19:04 maybe signing a deal. Sign a deal.
00:19:07 Show Pierre Pauly of how it is
00:19:09 and he'll be, you know, crying and gnashing
00:19:11 his teeth and tearing his garments
00:19:13 out of just sheer jealousy of how great
00:19:15 you are at signing trade deals
00:19:17 but you have to do one
00:19:19 first. You might have to do
00:19:21 one of those things, you know, one of those
00:19:23 incredible things. Maybe
00:19:25 sign one of those things that you
00:19:27 are dunking on Pauly for not doing.
00:19:29 Maybe do one of those and then you
00:19:31 can dunk on him. Apparently we just
00:19:33 you know it's like counting your eggs before they hatch but it's like trying to cash in your dunks
00:19:38 before you've actually done anything well whatever that should be it for this video guys uh sorry for
00:19:44 all the rambling at the end of these videos uh anyways make sure to like the video subscribe
00:19:50 leave a comment consider hitting the join button and becoming a member and i'll see you guys all
00:19:55 next time.