The National Telegraph - Wyatt Claypool - Carney exposed for LYING during election about his assets!

00:00:00.000 Hey guys, Wyatt Claypool here. It's the year 2025 in Canada, so of course Prime Minister

00:00:07.180 Mark Carney and his Liberal government do not have a budget for us yet, but they do

00:00:12.640 have a new political scandal for us to talk about surrounding Mark Carney's financial

00:00:17.740 conflicts of interest that he's been avoiding disclosing to Canadians up until a couple

00:00:23.280 days ago when the Ethics Commissioner effectively forced him to disclose. And even now, he's

00:00:29.380 doing the utter bare minimum to actually distance himself from these conflicts while he is

00:00:35.160 in government. Earlier today, Federal Conservative Party leader Pierre Polyev called him out for

00:00:40.320 this, and I think he did a very good job in this press conference, so I want to break it

00:00:45.000 down today with you guys. But before we get into it, I just want to remind you, hey, if

00:00:50.320 you like this channel, make sure to leave a like on the video, subscribe if you are not

00:00:54.980 yet a subscriber. We are trying to get to 100,000 subscribers by mid-December of this year, and

00:01:01.660 also leave a comment on what you think about this issue. Now, let's get into it. By the

00:01:07.600 way, I do want to link the Western Standards X account in the description of this video

00:01:12.520 below. Go follow them. They did a very good job clipping this press conference as it was

00:01:17.160 coming out, and it is what the basis of this video is on, their clips that they posted. So

00:01:22.440 go give them a follow if you are an ex-user. But here is Conservative Party leader Pierre Polyev

00:01:27.940 calling out Mark Carney in this first clip for having been lying about his financial conflicts

00:01:33.860 since effectively he stepped foot in federal politics.

00:01:37.260 On Friday, we finally got a look at the Prime Minister's many financial interests, interests that

00:01:45.460 he kept carefully hidden throughout the election, and about which he told numerous falsehoods during

00:01:51.260 that same campaign. And so these are what the revelations tell us. One, that Mr. Carney was

00:01:59.020 not upfront or honest with Canadians during the election. He made numerous false statements,

00:02:04.360 statements he would have known were false when he made them. Two, there is a cornucopia of conflicts

00:02:10.560 of interest in these investments like we have never seen before from a Canadian Prime Minister.

00:02:16.720 Let me go through and document all of these claims one by one.

00:02:22.480 Before he gets into that, I also just want to point out myself that Carney actually probably

00:02:28.280 should have been disclosing these conflicts of interest, not even just back when he was running

00:02:32.920 for election in 2025 in the federal election. He should have been disclosing when he was running

00:02:38.360 for Liberal Party leadership. That was actually originally when the questions started arising.

00:02:43.480 And I would actually say, even before then, we probably should have known what his investments

00:02:48.660 looked like back when he became former Prime Minister Justin Trudeau's economic advisor in 2020.

00:02:55.620 Because as the economic advisor, you can do a lot to benefit yourself financially,

00:03:01.780 get the government to put out a new subsidy program that benefits all the green energy companies

00:03:07.660 you're invested in, or to give a contract to this company or that company, because you can

00:03:12.180 vouch that they're really good, not disclosing that you have millions invested in them.

00:03:16.800 So I think this goes back even farther than Polyev is highlighting, but obviously it doesn't

00:03:22.760 really need to go back that far. Really, the most recent election was the most impactful one

00:03:28.640 when it came to Mark Carney covering this stuff up. But now he's going to get into debunking some

00:03:35.240 of these points. First of all, during the election campaign, Mr. Carney said, and I quote,

00:03:40.720 I own nothing but cash and personal real estate, and that's not going to change in public life.

00:03:46.400 Well, it turns out, while he said that he knowingly owned 574 stocks and deferred profits

00:03:55.140 assets and stock options in Brookfield and other companies. So it was patently and now provably

00:04:02.400 false for him to say he owned nothing but cash and real estate. Two, my assets are now in a blind

00:04:09.600 trust, so I don't know what exactly is in there. That too is false. He must have known what was in

00:04:15.800 that blind trust, because he was the one that filled out the paperwork for the ethics commissioner

00:04:20.140 to report those holdings. So he knew exactly what was in his blind trust.

00:04:26.980 And as we went over in a video yesterday, it's very obvious to guess what he was invested in.

00:04:33.840 Tons of Brookfield, like companies, like it would be like Brookfield Renewable or Brookfield

00:04:39.520 something or other. Tons of random green energy companies and a lot of stuff where it did with

00:04:45.520 obviously, if it's in a blind trust, well, he knows exactly what's in it because nothing's changed.

00:04:51.540 And so if Mark Carney's in government with the current rules in place, just saying that he cannot

00:04:56.240 be directly involved in any decision that would affect those companies, he knows that if he starts

00:05:02.080 a new green energy subsidy, it's going to go to a bunch of his companies because they're used to

00:05:06.540 already getting money from the government, and it's probably not going to change. So by just putting

00:05:11.200 out blanket programs that could technically benefit any of these companies, any green energy company,

00:05:17.300 he knows that his companies are going to be first at the trough. But I'll let this clip play out with

00:05:23.520 Polyov. And he just did not want Canadians to know before they went to the polls. Finally, he said,

00:05:30.320 and I quote, I do not have a connection with Brookfield Asset Management. Well, it turns out

00:05:35.220 that he has continuing stock options and deferred share units in Brookfield Asset Management. And

00:05:41.360 these options cannot be sold, or at least not easily. And we have no reason to believe they have

00:05:46.480 been. So when he said that he had no connection to Brookfield, he was stating a patent falsehood.

00:05:53.040 And remember, the 2025 election was very close. Do you know the difference between currently the

00:06:00.660 liberal minority government and a conservative minority government? I believe it was 8,800 votes,

00:06:06.280 8,800 votes across Canada. That was in the closest ridings. So it is in a more concentrated area.

00:06:13.600 But if you consider what 1% of the vote is, if the conservatives gained 1%, maybe even just 0.7%

00:06:19.660 of the vote, they probably would have picked up those ridings because they were the ridings where they

00:06:23.720 were disproportionately probably going to be gaining new voters if they were converting people over or

00:06:30.320 driving out their base more. And I feel like it would have affected the election if a lot of

00:06:35.560 liberal or potential liberal party supporters realized that this guy has massive financial

00:06:40.720 interests in the things that the liberal governments have been tossing money at over the last five years

00:06:46.640 when he became the economic advisor to Trudeau. Because even though it's not like a driving thing for

00:06:53.040 people's votes, there's a lot of people who do care if someone's corrupt or not, or somebody may be

00:06:58.940 getting into government because it financially benefits them, or they're getting into government

00:07:02.980 and maybe they get super financially benefited. You know, they do care about doing the job right, but

00:07:07.920 maybe federal policy is going to be guided by whatever happens to benefit them. That's not exactly great

00:07:15.800 for everybody if everything is triangulating towards, you know, whatever benefits people who are exactly like

00:07:21.700 Mark Carney, you know, downtown Toronto, woke liberal investors. Anyway, so let's move on to another clip.

00:07:28.740 I think it gets better as he goes on. I want, I think this is a great clip where Polly of points out

00:07:35.720 basically how this should actually be handled in government. It shouldn't just be that Carney puts it in

00:07:44.640 a blind trust or says, I won't, I swear, I won't make any decisions about anything that would benefit

00:07:49.200 one of these companies directly. It needs to be done more firmly. There needs to be a way that he,

00:07:55.920 that he cannot benefit himself because all of his stocks are sold off and put into different areas

00:08:01.240 that he has no clue about. We're calling on the prime minister to sell his investments,

00:08:05.680 turn them into cash, hand them to a trustee who can invest them in a way that is completely blind to

00:08:11.540 him so that he does not have any knowledge of what he owns. That is the spirit of a blind trust.

00:08:15.460 A blind trust is meant to be something that the owner does not know anything about. That's what

00:08:21.280 it means to be blind of the assets. But right now, Mr. Carney is clearly not blind of what he holds

00:08:26.880 because even we know what he holds due to this disclosure. And this will put him in an impossible

00:08:31.460 position where he will be conflicted at every turn. So either he will have to get up three or four

00:08:36.220 times every cabinet meeting to avoid stumbling over the 100 plus potential conflicts that he,

00:08:43.940 that, that the ethics commissioner has identified, or he will act in the cabinet to potentially favor

00:08:50.560 his own interests. Neither of those possibilities is acceptable. I actually think there's a third

00:08:55.760 possibility here where Mark Carney would have full plausible deniability that he's benefiting himself

00:09:01.060 in government. And that would be from the angle where maybe cabinet ministers trying to curry favor

00:09:06.840 with Mark Carney would just happen to always favor Brookfield or different companies that he is

00:09:12.820 heavily invested in. It's not at all out of the realm of possibilities that you start giving out

00:09:18.780 sole source contracts that make you more popular with Carney so that maybe you get to be a deputy prime

00:09:24.280 minister as well as whatever role you currently have, or that the liberal party is going to put more

00:09:29.740 resources into your riding to make you more popular for reelection if you are in a less stable riding.

00:09:36.140 There's a lot of ways, or maybe you get kickbacks in some way. There is just too many ways where we

00:09:42.000 can hypothetically come up with, you know, with, with schemes to be able to make money for both Carney

00:09:47.980 as well as those surrounding him. But anyways, so let's jump over to another con, another clip here of Carney

00:09:57.280 of Carney calling out how that like basically right now you can't, you don't really have a real prime

00:10:03.360 minister. If at any, every corner there's constant distractions preventing him from making objective

00:10:09.440 decisions. We need a prime minister whose only purpose is serving the Canadian people to reverse the

00:10:15.200 massive damage liberals have done to reverse the out of control, immigration, inflation, crime,

00:10:23.840 debt, and our spiraling economy. And here we are, a prime minister who's going to be constantly

00:10:30.640 distracted by his private interests when the public interest is in such desperate need of attention.

00:10:37.360 Look at how bad things are in Canada today and getting worse. The debt is growing faster under Mark

00:10:42.880 Carney than it was under Justin Trudeau. The, he says Mr. Carney is spending more in his first budget bill,

00:10:49.680 his first financial bill spending more than Justin Trudeau was spending.

00:10:54.800 I do want to talk about this myself as well, because while yes, Mark Carney is cutting things,

00:11:01.440 is he actually cutting things from the bottom line of the budget or is he just shifting it around?

00:11:05.920 In some ways I actually support the ways that he is shifting money. I would like us to cut spending.

00:11:12.800 That's the, one of the big problems here. It doesn't matter if you move money from a, like, you know,

00:11:18.000 a, like an area where it's basically being burned to an area where it's being used better.

00:11:22.640 If we're still falling into debt faster, I think we should increase defense spending,

00:11:27.280 but I think we should increase defense spending at the same time that we are cutting 0.87

00:11:31.040 wasteful programs that we are slashing is stupid foreign aid spending. You know, 0.97

00:11:36.800 we fund abortions in West Africa right now to give you an example of somewhere where we should be

00:11:42.160 cutting off foreign aid spending. And so right now the government is putting us in debt faster than

00:11:49.040 the Trudeau liberals. At the same time, I see people praising them being like, Oh, look, they're going,

00:11:54.320 they're cutting off the money from like these useless bureaucracies or whatever. Those bureaucrats 1.00

00:12:00.560 aren't getting fired. They're going to be shifted somewhere else. That is the problem here. And also,

00:12:05.600 the thing is too, we're probably going to have a tax increase because everything that Carney is doing,

00:12:11.600 all of his promises, because he's not willing to actually cut from the bottom line, he is then

00:12:15.520 going to have to find new revenue sources. We already see the media floating the idea of increasing

00:12:21.520 the GST by 2%. And by the way, another thing on conflicts of interest, Carney can say, this won't

00:12:27.920 distract me. I'm a professional. I'm super ethical. He's already decided to give another $150 million a year,

00:12:35.440 through the Canadian Broadcasting Corporation, which is actually the source of a second scandal

00:12:40.480 right now for the liberal government. It doesn't directly have to do with them, but it has to do

00:12:46.240 with them. The CBC is obviously a liberal party front group. You and I have known that for years,

00:12:53.200 but for the average Canadian who doesn't think about politics all that much, it actually is a shock to

00:12:58.000 have a CBC host leave and basically say, yeah, they're trying to skew every story in favor of the

00:13:02.880 liberals. They're not letting me have conservative guests on. They are politically corrupt. And that 1.00

00:13:07.920 is a problem when Carney obviously knew this stuff. The thing is that they know who runs the CBC. They

00:13:15.200 know that these people are liberals. They can see what the coverage is like. He was giving them $150,

00:13:19.760 $150 million more because it benefits him, because it benefits his party. There is a massive conflict of

00:13:26.240 interest with the government giving extra money to the CBC and campaigning on it. And he did that.

00:13:32.480 So why would I then trust that he is not going to benefit himself by giving money to, well, what

00:13:37.840 happens to just be a good green company? Oh, it just happened. Brookfield Renewables just happens to be a

00:13:42.720 fantastic company or this other solar or wind company. It just happens to be the best bidder on

00:13:48.000 this contract. So I'm going to have to give it to them. It's like, I don't trust that that's not going to

00:13:52.480 happen in his government. But anyways, getting back to Polyev here. The deficit looks like it could be

00:13:58.720 even bigger under Carney than it was under Trudeau. And that is true. We're already at $92 billion of a

00:14:05.280 deficit for this year. We thought it was only going to be $56 million or $56 billion last year with Trudeau for

00:14:11.760 the year 2025. Now it's going to be $92 billion. And I don't think it's going to stop there. I think we might

00:14:17.200 crank a hundred. We have rising unemployment, a crisis of jobs for our young people.

00:14:22.960 Housing is still unaffordable. And Mr. Carney has so far kept the unsustainable immigration numbers that 0.98

00:14:29.440 Justin Trudeau left behind, numbers that are overwhelming housing, health care and jobs that

00:14:34.720 are dividing our country and breaking up any notion of integration. We need a prime minister who's fully

00:14:41.920 focused on undoing the damage that the Liberals have done, not continuing that damage and focusing

00:14:48.400 on his private interests. Now I want to move over to the last clip I wanted to play. And by the way,

00:14:54.320 I have to give some compliments to Pierre Polyev. This isn't exactly a channel where I've ever been

00:14:59.280 lacking on good things to say about him. I've also never shied away from saying I disagree with him doing

00:15:05.040 this or that. But he has actually toughened up a lot on immigration. I'm going to make an entire 0.79

00:15:10.240 different video on that showing where his positions have shifted over time because

00:15:14.640 it has all been in a positive direction. I thought he was weak in the federal election on immigration.

00:15:19.600 Now he is saying basically what I am saying. Let's reduce immigration heavily by like 80% and let's 1.00

00:15:26.960 make sure everyone here on a TFW visa or student visa, especially if they try and overstay, leaves the

00:15:33.920 country. Who cares if the population goes down? Let's stabilize the country first. And by the way,

00:15:40.240 immigration, high immigration rates actually lower your birth rate because it ends up causing a lot 1.00

00:15:45.120 of financial and like economic friction in the country. People are worse off when their per capita

00:15:51.120 incomes go down. So then they don't have kids. So then the people you're even bringing into the

00:15:54.960 country are also not going to have kids. And so you're always just constantly falling into the same

00:15:59.360 problem of not having enough people having their own kids. They bring in more people, which causes

00:16:03.600 people not to have kids. So you need to bring in more people. But that's me rambling about something not

00:16:08.560 in this video. But now I got to get to this last clip here where he talks about the contradictions

00:16:16.160 in Mark Carney's claims about his financial interests.

00:16:20.080 Mark Carney Why should we care? Why should Canadians care about this? Well,

00:16:24.320 Mr. Carney has shown in the past his willingness to use his political connections in order to profit

00:16:29.680 himself. For example, he said, let me see here. He gave public endorsement of Westinghouse in the

00:16:38.240 leaders debate. Westinghouse is a nuclear energy company which Brookfield is invested in. He has

00:16:45.200 announced he's going to spend billions of dollars on modular homes. Brookfield is invested in modular homes.

00:16:51.280 He says he wants to subsidize heat pumps. Brookfield is invested in heat pumps. He says that jet fuel,

00:16:57.600 he in the past he has said that he helped influence regulatory changes forcing aviation companies to

00:17:03.440 buy certain kinds of jet fuel that he that one of his companies was invested in so that Canadian so that

00:17:09.840 air passengers have to pay more for their airline ticket to subsidize this specialty jet fuel that

00:17:16.800 profits a company in which Mr. Carney had a financial interest. And by the way, something else scary

00:17:23.840 about Carney's conflicts of interest is when you go through those 103 companies that he has a financial

00:17:29.920 stake in, you find I think someone corrected me on my last video, there is one natural gas company, and I

00:17:36.160 think it's like a natural gas, like power company. So it's not really involved in like the the supplying of

00:17:43.040 natural gas, it takes natural gas, and I think like, you know, it puts it on the grid or whatever for power.

00:17:47.280 There, it is just chock full of renewable companies green like solar, wind, hydrogen, all this stuff.

00:17:56.640 And it's, it's, it's just part of the subsidy economy. Everything that Carney, not everything,

00:18:02.880 but like so much of what Carney has money in is not financially like it's not, it's not profitable

00:18:10.480 businesses. These are subsidy businesses, businesses that the only way they profit is by the government

00:18:15.920 giving them massive amounts of money to do something where if they did it themselves would be at a net

00:18:20.640 loss, they only get make money because the government is propping them up battery companies,

00:18:25.760 all this stuff, wind, solar that gets massive subsidies from taxpayers in order to sell their

00:18:30.720 power onto the grid. This is, again, it just demonstrates the kind of mindset that Carney has,

00:18:37.680 the worldview he has where he invests in things that are not actually good for the economy. It's not

00:18:42.640 actually good for people, but it makes him money because it's politically fashionable and it gets

00:18:48.080 a lot of subsidies. I know people will be like, oh, no, the renewables are good for the planet in

00:18:51.600 some way. No, natural gas is good for the planet. Producing something that's actually affordable and

00:18:57.760 efficient is what you want, which capitalism is a great at identifying because people will buy the

00:19:04.560 energy that is cheapest that will get them the furthest in their vehicle, or the cheapest that

00:19:09.920 heats their home the longest. That is what people will naturally do because capitalism is fantastic.

00:19:15.120 But getting back to pure poly of here. And the list of potential conflicts goes on and on. How

00:19:20.800 can he possibly be involved in developing a budget when all the tax policies could impact on his

00:19:26.800 investments directly or indirectly? How could he address things like competition policy when his

00:19:32.480 companies might be impacted? Then there's, for example, the digital services tax. The digital services tax

00:19:38.880 is paid by some of the companies that he has invested in. And therefore he has a potential

00:19:45.280 or perceived conflict of interest in that as well. So conservatives are calling for two things today.

00:19:51.040 One, we call on the prime minister to come before you and explain the contradiction. How is it that he was

00:19:57.280 telling Canadians that he only had real estate and cash when he knowingly had stocks, stock options,

00:20:04.560 and other deferred benefits? How is it that he claimed he didn't know it was in his blind trust when we

00:20:09.280 now learn that he knew exactly what was in that trust? And how is it that he said that he had no

00:20:14.160 financial interest in Brookfield when he knew exactly that he had stock options and deferred share units?

00:20:21.920 Finally, so we want him to say, explain why he told Canadians the opposite of the truth during the

00:20:28.240 election campaign. I would say at this point that Carney, his big way out of this one to give like,

00:20:36.320 I guess if I'm to put on the liberal strategist hat, he needs to build a pipeline. If he doesn't

00:20:40.880 build a pipeline, it's going to seem so sketchy that this guy who's invested in every single renewable

00:20:46.800 company is going to not build a pipeline that would look really bad and just increase like

00:20:52.480 renewable subsidies. I know he wants to make this energy corridor that he's going to,

00:20:56.480 he wants to be powered by green energy, but unless he approves either like an Energy East pipeline,

00:21:02.560 which doesn't look like he would do because he has to get Quebec on board and he will not

00:21:06.800 say no to Quebec, he will not overrule them with the notwithstanding clause. He also,

00:21:12.160 maybe he'd do the Wab Canoe one where Wab Canoe, the NDP Premier of Manitoba, wants one to Hudson's

00:21:19.320 Bay. Maybe he'll do that one because it's easy or potentially he forces David Eby to take one in

00:21:25.680 for the West Coast. He could always do that. But I remain skeptical if he does it good. But at the

00:21:32.160 same time, I feel like this is a government where if anything good happens, it's going to be dragging,

00:21:37.120 kicking, pulling and shaming Carney into doing it. And I think that this particular financial scandal

00:21:43.280 he has about his conflicts of interests and lying constantly may actually, oddly enough, force him

00:21:48.560 to do some good stuff just to basically bury the story. But like, you know, don't be mad at me. I just

00:21:53.600 cut your taxes even more. Don't be mad at me. I just help approve a pipeline. The problem for Carney,

00:21:58.800 though, is that pipelines actually take a lot of time to build. And so it's going to be difficult

00:22:04.160 to actually prove he's serious about it because the amount of planning that goes into one means

00:22:08.240 that he never actually has to let anyone put shovels into the ground by the end of a term

00:22:13.040 because of all the time it will take to even get something started. And so if he's popular enough,

00:22:18.160 he could say yes now to become popular and cancel it later when the economy is just naturally doing

00:22:23.440 a little better because maybe world economic trends. But that's where that I'm going to kind

00:22:28.320 of leave us in this video. I thought Polyev did a really good job on that. I think that the

00:22:32.400 conservatives really need to run with both this story and the CBC one. They need to, from again,

00:22:38.160 a strategic, I put on a conservative strategic hat right now, they need to be constantly jumping

00:22:43.120 between the two. Carney's corrupt and part of his corruption is funding the CBC to continue pumping

00:22:49.280 out liberal propaganda. Talk about the CBC to diminish their reputation because they don't

00:22:55.760 deserve the reputation they have as a neutral arbiter of the truth, a neutral presenter of the news.

00:23:02.240 They need to be absolutely hammered on this Travis Dunraj scandal where Travis left to blow the whistle

00:23:07.600 on them and then constantly hammer Carney over all of the times that he has lied about

00:23:13.120 his financial conflicts of interest and how he's probably the prime minister because of his lies.

00:23:18.800 Because if people knew about this stuff, those middle of the road voters may have, you know,

00:23:23.600 fallen down a different, may have gone down a different path and voted conservative instead.

00:23:28.320 Again, only 8,800 vote difference between conservative minority government and liberal minority

00:23:34.480 government. And if maybe Carney was more truthful, 100,000 votes or so may have gone the other way.

00:23:41.360 And the 8,000 votes they needed in those specifically closest ridings would have actually flipped the

00:23:46.320 ridings for the conservatives. But anyway, so that should be it for me today, guys. I hope you don't

00:23:52.320 mind the new setup I have. It's a little darker. I'm going to try and fix things. I have the most ghetto 1.00

00:23:59.280 setup you could possibly imagine. Right now, I have a light up here that's attached to a random

00:24:06.000 unplugged-in lamp. The other light I have over here that's like my main source of white light in this

00:24:12.080 room is like an old 1980s photography lamp in which I just put LED bulbs into it and it works fine.

00:24:20.960 Yeah, it's so ghetto in this room. It's ridiculous. I invest nothing into this channel. It's shameful, 1.00

00:24:27.760 really. But anyways, so that's truly it for me, guys. Like the video, subscribe to the channel,

00:24:33.840 leave a comment, do all that fantastic stuff. It really helps me out, and I will see you guys next time.

The National Telegraph - Wyatt Claypool - July 14, 2025

Carney exposed for LYING during election about his assets!

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