The National Telegraph - Wyatt Claypool - August 02, 2026


Carney Gets REBUKED by Federal Report - Liberals $90B is a Massive Waste!


Episode Stats


Length

23 minutes

Words per minute

177.06

Word count

4,160

Sentence count

85

Harmful content

Toxicity

7

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Hate speech

1

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Transcript

Transcript generated with Whisper (turbo).
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 on the heels of the condo bailout the gordy howe bridge fiasco and the liberals completely
00:00:06.000 surrendering to donald trump on the streaming tax in exchange for absolutely nothing prime minister
00:00:12.080 mark carney has a new thorn in his side in the form of the 90 billion dollar alto high-speed
00:00:18.240 rail project this is actually a lot like the condo bailout party with the relevant ministers
00:00:24.880 flanking him on his left and right came out and did a big press conference about how proud he was
00:00:30.720 about the money they were about to spend on this garbage and then it completely blew up in his face
00:00:35.440 within days or weeks the alto train has been a bit more of a slow burn because on its surface they
00:00:41.760 can pitch this as being in the public's interest people like this thing yes it costs an arm and a
00:00:47.440 leg but don't worry this is somehow going to massively help our economy by building a train
00:00:53.200 that nobody's going to ride obviously one of the big hits on the alto train is already the massive
00:01:00.080 conflict of interest that the carny government has with alto our finance minister francois philippe
00:01:06.160 champagne's partner became the vice president of environment for alto two months before he was on
00:01:13.040 the floor of the house fighting for 90 billion dollars for the train project and he even resisted
00:01:19.520 having the funding for the train removed from the greater budget because he didn't want to have to
00:01:24.320 argue for it on its own because he knew he would be in a conflict of interest arguing for it and
00:01:30.000 so he basically just pork barreled this massive piece of infrastructure spending into the overall
00:01:36.320 budget and refused to debate a debate it as an individual item but now we have a report that's
00:01:42.480 come out from the federal government showing that the people who live on the train's route
00:01:48.240 do not want this thing so that their last justification for this project is just gone
00:01:55.040 they were thinking yes it costs a lot of money but it's really going to be a boon for the
00:01:59.200 people who live in the area between toronto and quebec city no all those people say they're
00:02:05.280 basically never going to ride it and they also have a problem with the cost just because you're
00:02:09.920 spending it in their general vicinity doesn't mean they like the money so you can check out
00:02:15.840 in this graphic this is what the proposed route currently is it's the green line since the blue
00:02:21.360 one was shut down because it was cutting through a lot more farmland and rightfully farmers didn't
00:02:26.320 want a high-speed rail line cutting their fields in half where you can't even cross the rail tracks
00:02:32.400 like a normal train you have to find a tunnel underneath the train so you can pass underneath it
00:02:38.000 which could be kilometers away from each other so naturally they didn't want it now we're going to
00:02:42.800 to be going over the route that goes to Kingston. For some reason, maybe Mark Gerritsen is very
00:02:48.040 happy about it. Who knows? But this is coming from an article from the Western Standard where
00:02:52.500 the headline is, Federal research finds Canadians question $90 billion high-speed rail project
00:02:59.060 despite living in proposed corridor. Now, a lot of their information comes from Blacklock's
00:03:04.920 reporter. So credit to them, absolutely, for filing all these freedom of information requests
00:03:09.740 that gets this information but I want to read a little bit of an excerpt from here and I will link
00:03:14.760 the article in the description below as well if you want to read the full thing but this is kind
00:03:19.720 of insane that we're going to apparently chug along with this project despite the fact that
00:03:25.960 the people it's meant to serve do not like it like what are you left with in terms of your
00:03:31.200 justification for this project other than yo my friends really want the money to build this train
00:03:36.620 nowhere that's kind of it my wife my partner is a vp of environment here so we're gonna give them
00:03:43.820 more money than some provinces run on in a given year i think this is more money than many of the
00:03:49.180 large provinces have in their budgets every year but so but we're let's get into the article now
00:03:55.820 internal federal research shows many canadians living along the proposed toronto to quebec
00:04:00.780 city high-speed rail route believe ottawa's planned 90 billion project a 90 billion dollar project
00:04:07.020 is too expensive and unnecessary despite acknowledging it could reduce travel times
00:04:13.340 black locks reporter says the findings are contained in a privy council office focus group report
00:04:19.260 that surveyed residents in the ottawa montreal corridor about the federal government signature
00:04:24.380 rail project now remember that it's ottawa montreal so they surveyed like the most
00:04:29.980 left-wing places along the corridor and they still don't like it it says here participants
00:04:37.660 and this is a quote participants residing in the ottawa montreal corridor were asked questions
00:04:41.900 related to the federal government's plan to develop high-speed rail in their region the
00:04:45.660 report states researchers researchers found all participants were aware of the proposal
00:04:50.620 to build a high-speed rail line linking toronto peterborough ottawa laval montreal
00:04:56.380 Trois-Rivières and Quebec City. While respondents generally agree the project would make travel
00:05:01.920 faster, many questioned whether it justified the cost. And now, people will highlight in the legacy
00:05:08.280 media, well, they said it's going to speed up travel times, ergo it's still worth doing.
00:05:13.600 The Concorde speeds up travel times in terms of air travel. Yes, if we all rode around on jet
00:05:19.700 planes, we would get where we're going faster. That doesn't justify any amount of expense being
00:05:26.280 done. Or else, in your own life, are you always going to try and buy a faster car? Are you always
00:05:31.860 going to spend more money when you're traveling by air for the more expensive flight that gets
00:05:36.820 you there faster? No, you're not. You're going to oftentimes balance speed and efficiency with how
00:05:43.880 much it costs. But let's read on here. Quote, sharing their reactions, while participants
00:05:49.680 believed this project would be helpful in making it faster to travel along the corridor from Toronto
00:05:54.300 to Quebec City, a number were concerned about what they viewed as the high financial costs
00:05:59.860 associated with the construction of a major transportation project, such as this, the report
00:06:05.040 said. Participants also argued there were already several convenient ways to travel between Toronto
00:06:10.340 and Quebec City, and suggesting Ottawa should focus more on pressing priorities. And this is
00:06:16.760 another quote from the report, quote, among these participants, the view was expressed that there
00:06:22.260 were already numerous ways to transit between toronto and quebec city relatively quickly with
00:06:27.140 some feeling that they were likely other projects that represented more urgent priorities for the
00:06:32.100 government of canada to be focused on the report says the privy council titled continuous qualitative
00:06:37.540 data collection of canadians views is dated march 3rd only days after the house of commons passed
00:06:42.660 the high-speed rail network act on february 26th and as you will know that was before it was revealed
00:06:49.780 that francois philippe champagne the federal finance minister had a conflict with this project
00:06:55.060 he did not recuse himself for that vote he has not recused himself for any votes on this matter it
00:07:00.660 was only found out in april that the guy obviously had a personal stake in seeing the project go
00:07:06.500 forward or else his partner's probably unemployed and by the way this project has already had 265
00:07:15.780 million dollars spent on it that is how much has already been spent on just consultants musing in
00:07:21.300 their offices doing surveys potentially like this federal report right here although this actually
00:07:26.580 is from the government of canada may have nothing to do with the alto spending but people are being
00:07:31.460 paid to survey people are being paid to just do you know qualitative and quantitative data
00:07:39.060 collections of what people think about the project and other things they're never actually going to
00:07:43.540 use any of this information to conclude we shouldn't build the train they're still going to
00:07:47.700 do it but this is a great way of billing a lot of money while not actually having to do anything
00:07:52.820 physical also this train that is supposedly going to cost 90 billion dollars which is already like
00:07:58.980 multiple times what a high-speed rail line would cost in another country to build that's a low-end
00:08:05.060 estimate the bloc quebecois hardly a fiscally conservative party put out their own report
00:08:11.220 estimating that this thing based on other project cost overruns and time like and and like extra
00:08:17.820 time they need to build it and things that they don't suspect were going to cost as much this
00:08:22.540 thing could end up costing up to 200 billion dollars more money than many countries gdps
00:08:30.260 combined like what are we doing here it's going to be a train that's going to have like a fifth
00:08:36.560 that the car is full no one's going to ride this thing because how often are you going between
00:08:42.160 toronto and ottawa if you live in that part of canada or toronto to quebec city no doubt there
00:08:47.200 are people who do that they're probably pretty comfortable with flying at this point and if
00:08:51.640 you're going between toronto and kingston you should probably just take a car like what are
00:08:56.900 you you're going to take a train to toronto and then uber everywhere like if you're going from
00:09:01.220 kingston toronto you're probably just gonna bring your vehicle because it's easier so and but it's
00:09:05.980 just being justified the idea that oh my goodness it reduces emissions and also it makes travel
00:09:11.500 cheaper and faster when they say faster we're saying a five-hour drive is now a three-hour
00:09:17.800 train ride or two and a half hour train ride but you have to get to the train station you have to
00:09:23.140 park your car or you have to uber your way there or have someone drop you off and then what you
00:09:27.900 can bring with you is obviously far more limited than even if you had a small sedan but anyways
00:09:34.160 maybe I just don't understand the genius of this project. That's why the liberals have completely
00:09:39.040 stopped talking about it. Again, in government, if you are proud of something, you talk about it
00:09:44.360 constantly. You never drop it. You just keep squeezing that rock until you get all the juice
00:09:50.920 out of it. This thing was basically dead after April. Once the conflict of interest scandal broke
00:09:56.360 and it's continued and Francois Philippe Champagne has been trying to, you know, save his reputation
00:10:01.880 as best as possible they have not spoken a word about the thing because it's obviously politically
00:10:06.780 toxic to them just like the condo bailout that carney proudly announced we're going to give
00:10:12.060 3.2 billion dollars to vancouver and burnaby area developers to pay for some unoccupied condos
00:10:19.040 he thought that that was political like he thought that was great it was going to go over really well
00:10:25.200 that's why he brought out provincial officials federal officials and he stood proudly saying
00:10:31.060 that we're going to intervene in the Vancouver real estate market to save it, save prices from
00:10:36.280 going down, which is absolutely delusional and one of the most expensive places to live on the
00:10:41.120 planet. But now I want to jump over to a video that conservative MP Jamil Giovanni sort of
00:10:47.200 tangentially made on this topic. I thought he did a really good sort of attack on both Mark Carney
00:10:53.280 and Doug Ford for backing these just bloated projects in their jurisdictions. Mark Carney
00:10:59.460 and Doug Ford are at it again. These guys are doing political deals to help each other out
00:11:07.660 and they're using your tax dollars to pay for it. Now we've got just the latest example of this
00:11:14.820 today because we learned that Carney and Ford had some kind of informal agreement
00:11:21.080 as it relates to the Alto train and Billy Bishop airport and it's all politics. Ford promised
00:11:29.380 that he would not talk about how the alto train is a huge waste of 90 billion dollars of taxpayer
00:11:35.580 money. And Carney promised that he would have the Billy Bishop expansion in downtown Toronto
00:11:42.400 approved by the federal government. Well, Carney did what liberals tend to do and he broke his
00:11:50.880 promise. So now the airport expansion is off and I guess the deal is off because these details
00:11:58.800 are now coming to light so i mean doesn't it i know he screams great project to me
00:12:08.580 when you have to have like a gun to your head deal with another level of government saying
00:12:14.300 you better not say that my project is a complete waste of money and if you do that i might approve
00:12:20.360 the uh the uh the island airport expansion in the like in the what is it uh ontario lake ontario or
00:12:28.520 whatever. I don't live in Toronto. So obviously, I don't know as much about the Billy Bishop
00:12:32.980 Airport. But my goodness, like, this is how projects are done. We're just both people know
00:12:39.740 they're lying and wasting taxpayer money. But we have a deal here to not say that to anybody.
00:12:46.020 And you know, it's not going to hurt anyone. Well, yeah, it's going to cost $150 billion to build a
00:12:51.520 stupid train. And it's also like, I actually don't mind the idea of the Billy Bishop Airport. It's 0.99
00:12:57.060 fine i'm not exempt against it in any way but if really the only way that doug ford was going to
00:13:02.460 get that thing done was getting a bunch of federal dollars and have and basically not complaining
00:13:07.500 about the alto train that's in fact hurting many of his voters yes we're we're screwing each other
00:13:13.840 over but we're doing it because i guess we we get something out of it it's like okay what a what
00:13:19.420 what an experience living in canada is this point like how do you believe anything these guys are
00:13:25.180 saying it's obvious that they are looking out for themselves they're not looking out for you
00:13:29.940 and it's also obvious that they will just say and do whatever it takes to have political power
00:13:37.940 they don't really care that under their watch your quality of life is going down while your tax bill
00:13:44.440 is going up so you know i mean the media should want to talk about this there's been some reporting
00:13:54.200 on it i would love to say that carney and ford will be forced to answer questions about this
00:14:01.000 every day but i'm not expecting that because there are not a lot of truth tellers in canadian media
00:14:08.960 just like they're not and you can get the legacy media to report on something properly
00:14:13.940 uh but as jamil's kind of inferring here and implying they need to be dragged kicked and
00:14:20.000 pulled into covering a story. The Gordie Howe bridge was really only covered with the ferocity
00:14:25.340 it was because he lied to the legacy media. And that is one of the only ways liberals can really
00:14:30.340 get the media on their case is if they lied to you. And then you look stupid as CTV news when he 1.00
00:14:36.780 told you that the Gordie Howe bridge deal was like the opposite of what it actually was. But if he 0.99
00:14:42.980 actually didn't lie about it and the Gordie Howe bridge deal was like obviously an embarrassment,
00:14:47.880 But as long as he didn't tell the media one thing when the truth was the opposite, they would have helped him bury it.
00:14:54.240 And they would have been writing up editorials about how, no, no, no, Carney needed to do this or the train or the bridge would have never opened.
00:15:00.840 And in fact, this is very savvy negotiating by our prime minister, you know, constantly making concessions to get either back to a trade negotiating table and not actually getting anything exchanged or simply getting a bridge open that we paid for 100 percent.
00:15:16.720 So the conservatives, people like Jamil Javani, they really need to be calling press conferences on the Alto train and saying, hey, so we've run through pretty much every justification for this project.
00:15:28.200 And now we're down to the liberals' friends really want it because it allows them to get big contracts for construction and for consulting.
00:15:39.580 That's really all we're at because it's not an efficient project.
00:15:45.020 The public doesn't want it.
00:15:47.000 It's not a project that the province wants.
00:15:49.720 The province thinks it's a boondoggle, and this is coming from the Ford PCs who are not exactly fiscal hawks.
00:15:55.840 So what else?
00:15:57.360 Even the speed of transportation, really?
00:16:00.620 We're going to spend $90 billion so that to go from Toronto to Quebec City, it's going to be like 35% faster.
00:16:07.940 Yeah, that trip we all take every weekend, it's going to be 35% faster.
00:16:11.840 If that was true and it was just the biggest traveling corridor in all of Canada, Toronto to Quebec City, that's where everyone's going, Toronto to Trois-Rivières, maybe, even then it costs too much.
00:16:23.620 But we don't have that.
00:16:24.580 So we're literally just down to, well, we don't want to get rid of it or else Francois Philippe Champagne's partner isn't going to have a job.
00:16:34.340 Like, that's pretty much it.
00:16:35.800 you know a bunch of a bunch of friends over at Brookfield aren't going to be able to bill
00:16:40.840 billions of dollars doing consultation work. We're not going to be able to pay a construction
00:16:45.720 company in Quebec to build a train that is going to be like at half capacity at best at the high
00:16:51.700 seasons. But I'll let him finish up here and then I actually want to pull up something else that the
00:16:56.200 liberals are currently trying to celebrate right now but it's really nothing to celebrate when you
00:17:00.260 know the details a lot of truth tellers in canadian politics so you know and for me that's
00:17:08.060 the biggest thing about this is like we need more truth tellers we need more real people
00:17:14.400 in politics we need more authenticity you know you can agree with me or disagree with me on
00:17:23.220 many things but what i hope we can all agree on is that we need and deserve better leaders in this
00:17:32.820 country and we don't need more schemers in charge like ford or like carney i do like jamil javani's 0.98
00:17:42.020 just open hatred for doug ford because there is this stupid idea ah he's a conservative you don't 0.98
00:17:46.520 attack conservatives don't attack people on the political right doug ford's not on the political 0.99
00:17:51.420 political right he's center left as a politician but also i don't care if progressive conservative
00:17:56.640 is in the party name he sucks at his job he got in in 2018 to be a fiscal hawk like his brother
00:18:02.760 rob ford who was a great mayor of toronto and didn't do any of it he was supposed to come in 0.95
00:18:07.900 as a social conservative and throw out the insane sex ed curriculum and bring more school choice
00:18:13.960 and rein in the boondoggle spending in government not done it at all and so i always like that jameel
00:18:20.600 Giovanni attacks them whenever he gets an opportunity. And by the way, when it comes to
00:18:25.200 the topic of authentic people in politics, by the way, I am currently running for a UCP nomination
00:18:31.580 for provincial office in Calgary. It's Danielle's UCP party. I'm going to be running for the riding
00:18:38.020 of Calgary Curry for the United Conservative Party nomination. So if you live in southwest
00:18:42.700 Calgary in that area, sign up at my website. I'll have it pinned at the top of the comments,
00:18:47.940 It's wyattclaypool.com.
00:18:49.420 And if you live in the boundaries,
00:18:50.800 I'll try and give you a call within a week
00:18:52.380 and let you know what's going on,
00:18:53.680 all the details of my run,
00:18:55.120 and ask you questions about what you know
00:18:57.060 about the particular area of that riding that you live in.
00:19:00.800 But now the last thing I want to talk about here
00:19:02.780 is Monsieur Mark Carney
00:19:05.220 celebrating a great quarter of growth in Canada.
00:19:09.000 And did our GDP grow and did it beat expectations?
00:19:12.720 Yes, it did.
00:19:13.920 Do you know why our GDP growth beat expectations
00:19:17.260 and we've rebounded out of a recession, it's because of Alberta, literally just because of
00:19:23.020 Alberta. It's because of resource. It's because of resource prices going up and generating a lot
00:19:28.500 of extra revenue in the province of Alberta. Mostly, in fact, we should be thanking Trump
00:19:33.880 for the Iran war, because that is why oil and gas products and other natural resources have 0.58
00:19:39.320 gone up in value and generated a crap load of money in Western Canada. In fact, some provinces
00:19:47.180 and industries have gone down. Their actual growth has been negative. In the manufacturing
00:19:54.320 sector, that sector is going down in terms of its value and productivity. There is a massive
00:20:02.280 amount of jobs being lost in Ontario and Quebec in manufacturing. We're not even exactly creating
00:20:08.220 jobs across Canada. We're creating jobs in Alberta. I covered this like a month ago. Half
00:20:13.560 of the new jobs in permanent positions are in the province of alberta that's all of the job growth
00:20:20.500 in canada is being half of it is being generated by a province that represents 12 of the overall
00:20:26.460 population like goodness the same thing when it comes to crime the liberals the other day
00:20:33.100 celebrated oh my goodness violent crime went down by two and a half percent or whatever three percent
00:20:38.980 in the year 2025 or in the second quarter of 2026 we have violent crime going down yes because in
00:20:47.180 2025 alberta had violent crime and things like shoplifting and whatnot dropped like eight percent
00:20:54.860 that's a massive drop in the overall crime rate in ontario in nova scotia in british columbia and
00:21:02.260 other provinces some of them went down like two percent one percent three percent some of the
00:21:07.620 province's crime rate even went up a little bit or at least in the violent crime category they
00:21:12.560 went up a little bit canada is currently living vicariously through the province of alberta
00:21:18.500 honestly if i was an advisor right now inside of danielle smith's ucp their new campaign slogan
00:21:25.720 should be keep alberta the very best of canada because alberta truly is the only province
00:21:31.880 currently pulling its weight at the moment and i think that we almost need to send like advisors
00:21:38.280 out to quebec and ontario and teach them how to balance a checkbook show them that you know
00:21:44.120 regulations bad sometimes sometimes you don't want to kill your own business off that's a bad
00:21:49.880 business strategy when you're trying to grow a national economy it's just maddening that these
00:21:55.400 people are all like i did such a good job it's like that meme if you've ever seen it and but
00:22:00.600 in this case it's like daniel smith walking over to mark carney saying here's a great economy and
00:22:05.320 then carney takes and he's looking at he's like i built this great economy it's like you didn't
00:22:10.760 you are like an appendage to this entire situation anyways so with all that being said thank you guys
00:22:17.160 for watching make sure to like the video subscribe to the channel if you are not yet a subscriber
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00:22:27.800 be able to get like 40 50 new subscribers each video even like 20 or 30 these days videos will
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00:22:40.620 a new viewer is like really rare on my channel and it's not because like people hate it and my
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00:22:54.020 contributor thank you to all the channel members it really does help make the channel more viable
00:22:58.640 for me especially in the summer where revenues on video advertisements just go and hit the floor
00:23:04.500 and I'm never really going to do a sponsorship anytime soon I don't like doing sponsorships
00:23:09.360 I've never done one in my life so I mainly just keep everything free and then rely on the kindness
00:23:14.620 of strangers to get me by and then of course again if you live in the Calgary Curry provincial
00:23:19.940 riding in Alberta, you can sign up at my link at the top of the comments,
00:23:24.800 whyclaypool.com, and I'll give you a call if you live in the riding.
00:23:28.100 Anyways, see you guys all later.