The National Telegraph - Wyatt Claypool - Carney Chokes On Trade Question & Job Numbers Expose Liberal Lies!

00:00:00.000 Hey guys, Wyatt Claypool here and welcome back to the National Telegraph YouTube channel.

00:00:05.980 Do you want to see Prime Minister Mark Carney try and justify his trade strategy for over three

00:00:11.600 minutes getting absolutely nowhere? Well, I don't want to either, but we're going to have to talk

00:00:17.080 about it because it is newsworthy that our Prime Minister, who apparently has everything figured

00:00:21.920 out, reacts this badly to basic questions about the current state of trade talks with the United

00:00:28.940 States. Check this out. It was actually posted by conservative MP Roman Baber. Obviously,

00:00:34.920 this is from CPAC, so every station has it. But you know it's bad when your opposition can just

00:00:40.780 post the entire three minutes of you answering a question, and that is considered an excellent

00:00:46.580 attack ad on you. So check this out from Mark Carney. U.S. politicians, including Howard

00:00:52.800 Lutnick, say you walked away from their deal because of domestic politics, and they also say

00:00:57.800 any future deal won't be as good as the one you said no to what do you say to him and other

00:01:02.700 republicans well i well i don't uh i communicate with uh with canadians uh the u.s administration

00:01:11.120 i communicate with uh with the president so it's not uh not we have the machine gun of ums and ahs

00:01:19.500 once again a classic carny tactic when you do not like a question and you don't know what you're

00:01:25.020 going to say just basically put out really vague information about oh you know i i i talk to the

00:01:33.080 president and i talk to canadians and throw lots of ums and ahs because he is trying to figure out

00:01:38.860 how he's going to maneuver this question i'm not directed uh to those individuals uh per se um

00:01:45.520 The first thing is that, look, we were elected 16 months ago, 17 months ago.

00:01:57.600 He's like looking back because one of these trades workers are probably going to do a better job than him.

00:02:02.560 He should have just paused and said, dude, back there with the hat and the mustache, come up here.

00:02:08.340 You can handle this better than I can.

00:02:10.300 they're like well you know when uh canadians all elected us um like they elected you to get a good

00:02:16.140 trade deal well i hate this idea that we can just basically define donald trump the americans as

00:02:22.120 mean and bad and ergo we can just walk away from the promises we made in the previous election

00:02:29.020 like does this work on in any other capacity i'm gonna give everyone a 100 tax cut whatever you

00:02:36.240 pay in taxes 100% of it's gone and then you get into office you're like oh it turns out we can't

00:02:41.900 do that because we still need to pay for things and then the media just backs you up and say well 0.52

00:02:46.360 it's logical he can't he can't give you 100% tax cut you're ridiculous for thinking that he could

00:02:52.800 actually do that because that's what they're doing with the Trump trade talks Carney says I know how

00:02:57.580 to deal with him I've dealt with him before I'm going to negotiate I'm going to use diplomacy

00:03:01.180 see whatever that the heck that meant and then once he actually gets in both Carney and the

00:03:06.000 liberals and the media they're like looking at Canadians who actually want him to deliver on

00:03:10.320 that like you actually expected him to get a trade deal with Donald Trump shouldn't you know

00:03:15.000 that he's hard to deal with an unreasonable like well he thought he was reasonable enough to make

00:03:20.940 that his main promise that he's going to get a trade deal with the guy and I actually don't

00:03:25.740 think Trump is that unreasonable that you can't get a trade deal with him can he be frustrating

00:03:30.260 can he be somewhat unreasonable sure that doesn't mean impossible to deal with but

00:03:36.000 i'll let carney continue on here look we um we were elected uh

00:03:43.660 16 months ago 17 months ago uh to build canada strong uh and build canada strong for all and

00:03:52.940 that's what we've been focused on uh the core of it is announcements such as today and everything

00:03:57.800 that it represents it's building at home it's that positive attitude building out it's one

00:04:01.940 canadian economy it's diversifying economy uh with 20 more than 20 partners around the world

00:04:07.900 why is it that still there's been really nothing substantially done when it comes to internal

00:04:14.500 trade barriers provinces with regulations and labor codes that basically make it impossible

00:04:20.820 to move certain goods from let's say saskatchewan to quebec or nova scotia to british columbia or

00:04:27.660 Alberta to Ontario. That seems like a big, big deal. And it feels really hypocritical that you

00:04:34.600 haven't actually gotten anything done on that other than convening meetings with the premiers

00:04:39.100 to, I guess, gab about how trade barriers are bad, yo, but nothing actually happens. It is still

00:04:45.260 easier outside of the goods with tariffs on them to move goods to the United States than it is to

00:04:53.200 move goods within Canada and somehow we keep just like allowing Mark Carney to get away with getting

00:04:59.820 nothing done because I guess the words are very positive at some point someone in the media is

00:05:04.860 going to have to take responsibility they won't want to and they probably still won't end up

00:05:09.120 doing it but someone has to take responsibility for the fact that they keep running articles and

00:05:14.520 headlines that basically praise Carney and gloss him for having just said something apparently I

00:05:21.840 could be a fantastic prime minister by just like giving speeches and saying i am going to make the

00:05:27.880 i'm going to make canada better and bigger and other adjectives for good and then the media is

00:05:34.640 going to say why it announced some really fantastic things about canada being bigger good and stronger

00:05:41.400 or whatever uh reliable partners who want to do more with canada that's the core of what we're

00:05:46.760 doing uh i don't think and by the way sorry no he was not elected to just diversify trade that was

00:05:56.060 a that was a side promise he had made with the bigger promise being the trade deal with the

00:06:01.360 united states but now he's acting like the only thing he ever said was the side promise i was

00:06:04.740 going to diversify our trade and make us stronger as if anyone was running on the opposite of that

00:06:09.800 i'm going to make us weaker and more reliant on the united states i think we should get a trade

00:06:14.040 deal with the united states i don't resent trading a lot with the united states you should always

00:06:17.920 diversify trade anyways it just makes your goods more valuable by doing that but the idea that no

00:06:23.400 no no no i i had been very clear with canadians i was just trying to get us a you know diversify

00:06:29.960 canada's trade with our 20 reliable partners around the world including communist china who

00:06:36.800 i said was our biggest national security threat whatever forget he said that guys with all respect

00:06:43.220 appointed, unelected cabinet members in the United States are experts on Canadian politics.

00:06:51.740 Our core role, everything this government is doing, everything I'm trying to do is to work

00:06:58.920 with provinces, work with willing partners around the world, work with labour, work with business

00:07:05.340 to move forward to the benefit of our citizens. That's the small P. If you want to call that

00:07:10.520 politics that's small p politics we're not positioning on this stuff i'll say one other

00:07:14.680 thing which is that there are a few issues that the united states was arguing right up to the last

00:07:21.160 hour red lines weren't going to change boom it's in there you know our way or the highway take it

00:07:26.200 or leave it you know attitude that's not last minute changes he keeps saying last minute they

00:07:31.880 were still arguing red lines my way or the highway that sounds like something that was consistent

00:07:37.240 and they were still consistently doing it at the end saying that they are still doing something at

00:07:42.360 the end of the negotiation is not saying that they made an alteration that destroyed the deal

00:07:48.160 that's the funny thing about this entire situation with the trade deal did certain elements of the

00:07:53.460 trade deal looked bad and i would have not signed on to it certain elements of the trade deal though

00:07:58.700 that are neutral to if not good i would scrap bill c11 and bill c18 for nothing it's just they're just

00:08:05.140 terrible policies you know in the sense like let's assume the trade deal is not going on or trade

00:08:09.240 war is not going on right now i would get rid of c11 and c18 anyways and if trump wants you to get

00:08:14.400 rid of that and in theory you could say okay i'll put that on the table but i want auto tariffs

00:08:19.140 lower or i want the steel and aluminum tariffs lower take the like do that what the heck but

00:08:25.520 carney doesn't seem actually that concerned about steel and aluminum tariffs which were going to be

00:08:29.900 25% apparently in this deal. Again, we still haven't seen the full draft decision. The thing

00:08:35.160 he walked away from was the minor nonsense elements that we shouldn't really care all that

00:08:40.520 much about. And his secretaries, Trump secretaries, Lutnik, Jameson Greer, some of these other people

00:08:46.420 like Scott Besant, they're right when they say that Carney probably ended the talks because of

00:08:51.400 politics. I think that the deal that we were apparently going to sign also didn't look very

00:08:56.680 good because Carney can't try and negotiate a good deal because if he negotiates a good looking

00:09:01.740 deal then he has to kind of take it because if you walk away from what is like clearly a good deal

00:09:07.460 there's not going to be many friends of yours in the more moderate part of Canadian politics the

00:09:13.300 business liberals are going to be ticked obviously all conservative voters are going to be ticked

00:09:18.400 except the elbows up people will be mad you signed absolutely anything and they will migrate to the

00:09:23.480 NDP or the Block or the Greens or whatever. That's where Carney has to walk this tightrope where he

00:09:29.620 has to be pretending to be willing to negotiate to make sure the business liberals feel like there

00:09:35.340 is a plan to try and get a deal, but he can't sign anything because, you know, the elbows up people

00:09:40.760 will savage him. But he has to be able to walk away from flawed deals so the business liberals

00:09:46.160 look at it and say, okay, I can understand why he didn't sign that one. But he's never going to try

00:09:50.780 and negotiate a good deal because he can't walk away from a good deal because non-elbows-up 1.00

00:09:55.940 Canadians, which I would say right now our country is about half and half, non-elbows-up Canadians 0.85

00:10:00.680 will be ticked if he does that. So he's trying to make like pretty much everyone happy by looking

00:10:06.300 like he's negotiating but also walking away but making sure the thing he walks away from didn't

00:10:11.360 look that good in the first place so that you'll at least give him credit for having not signed

00:10:16.540 on to it but i'll let him plow forward here i know i pause a lot but he says things that are 0.83

00:10:22.420 extremely stupid and i need to respond um that now they're not so all of a sudden they don't 0.97

00:10:30.200 care about canadian language or culture and those elements well those well if they didn't care they 0.99

00:10:35.460 shouldn't kept them in the deal up in the last but it's good we welcome that we care about uh

00:10:41.200 those issues those are rights those are done they're fundamental to who we are so that's not

00:10:45.160 there carney's just asserting this with nothing that that didn't happen i i do not always believe

00:10:52.400 trump i think trump has a big capacity for lying just as mark carney has a big capacity for lying

00:10:56.900 i don't think trump's lying about not caring about the french language mark carney was acting like

00:11:02.280 it's an attack on the french language and our canadian culture because the american companies

00:11:07.440 don't want to pay higher taxes just to subsidize canadian you know film and television productions

00:11:14.320 to go on cbc gem which will be watched by approximately zero people that is what they

00:11:20.060 had a problem with and now carney's acting and now the americans are uh are walking back uh

00:11:26.220 their their issues with uh canada's culture and language it's like they didn't want to pay a tax

00:11:31.500 that's not an attack on the french language and canadian culture you can even keep all those

00:11:36.980 things it's just that the canadian government has to pay for them or canadian corporations have to

00:11:40.960 pay for them that was the sticking point for the americans and by the way on that front i kind of

00:11:45.300 get it with them yeah do you really want to pay five percent of your revenues in canada in an 0.94

00:11:50.460 extra tax just to go to a cbc non-comedy show that nobody watches no that's stupid it makes being in 0.94

00:11:58.540 the canadian market less lucrative and it makes it a big point for the americans to try and negotiate 0.93

00:12:03.980 away from but carney's trying to act like he has the upper hand here you know i walked away from

00:12:09.080 the deal and I called out the Americans. Now they're walking away from attacking our language

00:12:13.140 and culture. So I'm being Mr. Tough Guy right now. It's like, no, no, you lied about something

00:12:19.480 they were not doing. They said they weren't doing it. And now you're pretending that you got them

00:12:23.220 to walk back. You're not a tough guy. Like what's the, what is this man going to do against Donald

00:12:28.300 Trump in the same room in terms of his negotiating skills? Well, he's going to throw a bunch of

00:12:32.680 Werther's originals at him and tell him about how much the French language matters to us. Nobody

00:12:37.640 cares man we care about the tariff rates but carney is trying to play mr tough guy while

00:12:43.240 looking like a someone who coupons at superstore because because like this is what a lot of people

00:12:49.040 in canada want for some reason they want the guy naysaying donald trump and that's really it like

00:12:55.740 they just want the naysaying of trump nobody actually cares who's voting liberal about the

00:13:00.140 truth of the matter of whether or not this was actually a thing they just like mark carney being

00:13:04.220 a little snide to the trump administration um you know uh an f350 pickup uh which is going to be

00:13:11.980 built in the ford uh factory in oak oakville 350s 450s 550s uh where i grew up in alberta those you

00:13:18.980 know those are subcompacts um and um same here right and they're just discovering that and

00:13:26.520 they're like of course we weren't going to keep them out well they were going to keep them up

00:13:29.520 right uh core plan uh and other elements so some of these now he's talking about the medium and

00:13:35.800 heavy trucks and saying that they were going to block our medium and heavy trucks it's like okay

00:13:40.460 me the whole idea was that the tariff rate on those autos was going to stay at not stay up it

00:13:45.880 was going to go from 25 just down to 15 where everything else was going to go to seven now i

00:13:50.340 agree i'd like it all to be seven but i still we still don't actually have the agreement because

00:13:54.720 Carney refuses to release it. So we have no way of knowing what he means when he says they were

00:13:59.840 trying to keep our trucks out. Is it because it was with the higher tariff? Because if it was,

00:14:05.040 well, you know how we could get that tariff lower? Getting rid of garbage, like our stupid China EV 1.00

00:14:10.700 dumping deal, or C11, C18, or supply management. And then we can get those tariffs rates lower. 1.00

00:14:17.220 These things, these other things that we could get rid of to get a better deal on the rates

00:14:21.100 are literally things that make Canadians' lives worse anyways.

00:14:25.420 So why not trade them? 0.80

00:14:28.460 Some of what they're saying now is different than what they were drawing the line on.

00:14:33.680 And we are always going to stand up for what's in the best interest of Canada.

00:14:38.140 Canadian workers, Canadian families, not look for an easy win,

00:14:41.800 not look for an announcement, but something that's durable.

00:14:45.240 And that deal is possible.

00:14:48.220 That's in both of our benefits.

00:14:49.660 and i'll say i thought the deal wasn't possible that's what he keeps saying whenever he walks

00:14:54.020 away the deal isn't possible now he's saying the deal is possible but as you may know from a couple

00:14:59.120 days ago he says uh because remember previously when he walked away he says the americans have

00:15:03.420 to come to me now i'm not coming to them they have to come to me and as of two days ago he says

00:15:08.300 if they stop the memes i will go to them it's like oh my goodness stay consistent and i was

00:15:13.940 saying like we don't want just good words or or positive sounding announcements it's like that's

00:15:18.620 all you do, Mr. Prime Minister, all you do is positive sounding announcements with nothing

00:15:24.400 behind them. One final thing, which is the deal that's possible that's in the interest of Canadian

00:15:30.220 workers, families, and businesses is also the deal that is in the interest of American families,

00:15:37.140 American businesses, American consumers. Okay, fair enough. I can agree with that. Yeah, I

00:15:44.700 dislike tariffs too. But the thing is, the problem with Carney is I don't think he knows what a good

00:15:51.400 or bad deal is. Or at least he's not pretending. He's pretending not to know because it benefits

00:15:56.840 him in walking away from agreements. So he almost signs on to garbage, but it also gives him the

00:16:02.420 license to be able to walk away. But let's look now at Mark Carney's record on the economy.

00:16:09.080 Because I have been proven right on something that a bunch of people saying that no one in the

00:16:14.380 comment section. No one watching the channel, of course. But I had a bunch of people claiming

00:16:18.060 Wyatt's out to lunch. He's just naysaying Mark Carney with anything he can get his hands on.

00:16:23.760 No, I was right about the job numbers. Here is a post from Kirk Lubomov talking about

00:16:29.220 the job numbers in Canada for August. Kirk Lubomov says the worst part of Canada's 42,000

00:16:35.720 job losses. So I'll jump up to that now. In August, the United States added 162,000 jobs,

00:16:42.380 while Canada lost nearly 42,000 jobs.

00:16:46.560 And what Kirk says about the jobs, he says,

00:16:48.480 the worst part of Canada's 42,000 job loss in August

00:16:51.700 is that they were mostly full-time jobs.

00:16:54.320 Full-time jobs is a sign of stability,

00:16:56.240 but it's remaining hard to find one across Canada.

00:16:59.040 73,000 out of 173,000 full-time jobs created in Canada

00:17:03.160 over the past year were created in Alberta,

00:17:05.920 which is another funny thing about Canada right now

00:17:09.000 is that everything that Carney tries to brag about

00:17:12.220 is really him just trying to steal an achievement from Danielle Smith and the Alberta government,

00:17:18.580 because Alberta has created a good environment to create jobs, despite the fact that we still

00:17:22.920 have to follow federal regulations and we have to pay federal taxes. Everything else in Alberta

00:17:28.460 is quite good, so nearly half of the jobs being created so far this year have mostly been in

00:17:34.180 Alberta. But the problem overall, although I think a lot of the jobs in Alberta will be more

00:17:39.700 permanent and are more leaning on the full-time side, as was mentioned there. The problem with

00:17:45.180 the job creation across Canada this year so far is a lot of it is hollow. A lot of it is vapor.

00:17:52.420 What we have done is created temporary jobs or seasonal jobs that are going to go away.

00:17:59.000 Every time someone mentions, oh, why, but seasonal adjustment, but seasonal adjustment,

00:18:03.540 these aren't seasonal jobs or just temporary jobs because we seasonally adjust those out.

00:18:08.160 No, we don't. If you actually know how seasonal adjustments work, you know that seasonal adjustments of job numbers barely dents the numbers at all, because what a seasonal job is, in its technical definition, is so narrow that you can absolutely be working a seasonal job that only exists during the summer in landscaping or retail or hospitality or in food services, but it won't be counted as a seasonal job,

00:18:36.840 because that job and that person taking the job is not reoccurring every single year.

00:18:43.200 World Cup was not seasonal.

00:18:45.260 Census was not considered seasonal.

00:18:47.140 A lot of the Stampede jobs are not considered seasonal, even though they absolutely are seasonal.

00:18:54.140 And so we are now seeing a drop-off in the job market.

00:18:58.480 Now, remember when the media was pretending, like, look at this job wizard, Mark Carney,

00:19:03.120 88,000 jobs in May alone.

00:19:05.640 We had another 77,000 in June, and I kept saying, guys, they're seasonal.

00:19:10.640 These are not real jobs that are going to be lasting.

00:19:13.360 Now, they're real jobs for the people who have them, obviously, but we are acting like

00:19:17.460 we were somehow creating a new mining job, or we are creating jobs that were going to

00:19:22.480 be in the finance sector or tech, and they're going to be here for the next 10 years.

00:19:26.800 It's like, no, they're not.

00:19:28.600 And the thing is, we haven't really even seen the seasonal job drop off yet.

00:19:32.300 A lot of those jobs are going to be showing up in September job numbers because they kind of carry into this month.

00:19:38.320 Like, you know, people doing landscaping work, you stay doing it until maybe the end of September or so.

00:19:44.140 Many of the other jobs around festivals and stuff like that, end of September, you're going to see the big drop off.

00:19:50.320 The funny thing is, the vast majority of the jobs that we've lost were full time and also in areas where Carney's trying to pretend to be tough in.

00:19:59.960 Kirk Lubomov here says,

00:20:29.960 the dog days of the initial shock of tariffs that caused a big drop-off in employment,

00:20:34.920 but we still haven't seen the seasonal job drop-off that we're going to be experiencing

00:20:40.920 in the next month or two because last summer we didn't have a lot of employment because the

00:20:44.840 tariffs kind of freaked people out so they weren't really employing many people at the time. But

00:20:49.640 going on, he says, full-time jobs have decreased by 35,900, part-time decreased by 5,800. Employment

00:20:58.840 declined in business, building and support services, 20,000, public administration, 8.8

00:21:04.600 thousand, natural resources, 7.7 thousand, and utilities, 5.6 thousand. So building and support

00:21:10.840 services are down 20,000 jobs. Half of the jobs that we lost were in building and support services.

00:21:19.160 I thought we were having a big building sector boom. I thought that we were going to build more

00:21:24.640 with Canadian resources. Canadian steel, aluminum, and wood are going to be used to build up more

00:21:29.700 Canadian jobs, to build more buildings in our country. And it's like, no, no, not really. In

00:21:34.800 fact, it's a big loss sector. Manufacturing jobs increased by 22,000. Quebec lost 19,000 jobs.

00:21:42.220 Ontario lost 18,000 jobs. Youth employment down 19,000 jobs. Core age lost 19,000 jobs. Yeah,

00:21:49.960 So it's not good. Manufacturing increased $22,000, but that is the area where Carney is dumping a lot of subsidy money into basically to recover jobs that we had been losing in the first half of the year. But again, all these haven't been in the retail, food services, and other things yet. In September, end of September, we are going to see a jobs report that's probably going to have another tens of thousands of numbers, job number decline going on.

00:22:16.800 But again, the media kept acting like these were permanent and we're going to soar into the stars because of the economic policies of Mark Carney. No. He lives in economic reality with the rest of us. Subsidizing jobs does not grow an economy.

00:22:32.320 In fact, when you use taxpayer money like they're going to use with $20 billion of taxpayer money to subsidize manufacturing jobs, what you're going to end up doing is having jobs pop out on the other side of the economy because the inflation and taxes are going to make it untenable to keep people employed in those areas.

00:22:50.160 So we are subsidizing jobs in one area, and we're going to lose them in other areas.

00:22:55.500 At the same time, I always think about this from the perspective of we could just cut taxes.

00:23:00.520 That's what I was always thinking.

00:23:02.260 Reduce the tariff rates on aluminum, steel, and autos.

00:23:05.720 And whatever remains, if it's 15% to 10% tariffs on steel and aluminum, we can live with that for a couple of years until we get a new administration to negotiate with.

00:23:14.540 What we would then do is just cut the taxes of those industries a little bit to make up for the losses that they have on product that they send to the United States.

00:23:24.000 But no, we're going to subsidize our way out of it, which has never worked at any point ever for any country.

00:23:31.680 No country has ever subsidized themselves into prosperity.

00:23:34.580 It doesn't happen.

00:23:36.000 A subsidy occurs because we can't pay for it ourselves.

00:23:39.960 The thing wouldn't exist here without the government taking taxpayer money and throwing it at the sector.

00:23:46.520 Now, you have to do a little bit of that because of the tariff situation right now.

00:23:50.840 But my problem is, is Mark Carney does not seem serious about actually trying to solve the problem. 0.92

00:23:57.580 He's just a grifter. He is a fraud. 0.99

00:24:00.260 He is pretending to take the situation seriously because he knows he has to or he loses credibility.

00:24:06.100 But he'll never resolve the situation either because Howard Lutnick is right about this.

00:24:11.140 For political reasons, he doesn't want to end it because it makes him popular to fight with Donald Trump.

00:24:17.000 anyways so with all that being said thank you guys for watching the show today make sure to

00:24:23.460 like share subscribe consider hitting the join button and becoming a member of the channel

00:24:28.080 and i'll see you guys all later

The National Telegraph - Wyatt Claypool - September 05, 2026

Carney Chokes On Trade Question & Job Numbers Expose Liberal Lies!

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