The National Telegraph - Wyatt Claypool - July 12, 2026


Carney gets ROASTED for his Worst Mistake Yet!


Episode Stats


Length

21 minutes

Words per minute

188.93

Word count

4,101

Sentence count

238

Harmful content

Toxicity

5

sentences flagged

Hate speech

1

sentences flagged


Summary

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

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 Hey guys, Wyatt Claypool here and welcome back to the National Telegraph YouTube channel.
00:00:06.100 There is a lot of political blood in the water for the conservatives right now
00:00:10.120 after Prime Minister Mark Carney and the liberals screwed up big time on negotiating the opening
00:00:15.980 of the Gordie Howe Bridge with President Donald Trump. They pretty much gave him everything he
00:00:21.600 wanted, despite the liberals supposedly being the elbows-up party that was going to go really hard
00:00:27.260 on the Americans to try and stand up for Canadians. Well, that didn't happen, and now the conservatives
00:00:33.320 are going to be paid out massive dividends because Carney is proving that he is nothing that he
00:00:39.320 marketed himself as back in 2025. But before I get into what the conservatives are saying about
00:00:45.300 the Gordie Howe bridge screw-up, I first want to show you what the headlines look like right now
00:00:50.680 on Google when you search up Gordie Howe Bridge. It shows how awful the legacy media is in this
00:00:57.720 country. Look, I just looked up Gordie Howe Bridge, and these are the top stories, according
00:01:04.100 to Google, from our legacy media. In fact, the only outlet that has a somewhat negative headline
00:01:10.860 for the Liberals is the Toronto Star, which actually kind of makes sense because although
00:01:15.980 the Toronto Star is a very lefty paper, it's a sort of in-between the NDP and the Liberals sort
00:01:22.580 of a lefty paper. So if the Liberals screw up on something like this, they will push more of an
00:01:27.740 NDP sort of take on the issue that Carney is not tough enough on the Americans. But the rest of the
00:01:33.420 outlets are spinning this as if it's no big deal. So the first headline from the Toronto Star reads,
00:01:38.900 much better deal, US President Donald Trump confirms Corey Howe Bridge will open on July 27th.
00:01:44.340 I've looked up the full titles for some of these that are cut off.
00:01:47.560 CTV News, though, says, good deal for Canada.
00:01:51.320 Prime Minister Carney insists not a lot of revenues to split with the U.S. and Gordie Howe Bridge.
00:01:56.220 Well, I guess if he's insisting in it, let's stick that in the headline and not tell people the context.
00:02:01.440 The CBC says, Gordie Howe International Bridge to open July 27th, Ottawa confirms.
00:02:06.420 That one was from a couple of days ago.
00:02:07.900 The Globe and Mail from two days ago also says, Gordie Howe Bridge to open July 27th after Canada-U.S. reached deal.
00:02:15.800 CTV News says, Windsor-Essex residents welcome Gordie Howe Bridge opening while some remain optimistic.
00:02:22.420 I think this one said, if I believe, yeah, potiously optimistic.
00:02:26.780 No negativity in any of these headlines, pretty much, except for the Toronto Star.
00:02:32.720 In fact, guys, the biggest piece of news out of all this was not that we have a deal and the bridge is going to open.
00:02:39.100 The biggest piece of news is that we are going to, from the beginning, do 50-50 revenue sharings with the state of Michigan on this bridge that Canada fully paid for.
00:02:49.360 We fully paid for it.
00:02:50.720 $6.4 billion to construct the bridge.
00:02:53.920 Donald Trump insisted that the U.S. should be getting something out of it.
00:02:56.840 Carney protested for like a couple of weeks and a few days ago in Saudi Arabia said we're just
00:03:01.940 going to clarify a few things to Donald Trump and then the bridge is going to open. Well,
00:03:05.960 apparently we didn't clarify anything because now we're going to do revenue sharing when before
00:03:10.000 we were going to collect 100% of the revenues until the bridge was paid back, at which point
00:03:16.220 it would turn into 50-50 revenue sharing. So that headline from CTV News that says it's a good deal
00:03:22.860 for Canada and the Prime Minister insists that the revenue split is not a lot is complete nonsense.
00:03:29.400 Yes, the whole point is that the tolls are not a lot, so it was going to take about 40 to 50 years
00:03:34.940 for the bridge to pay for itself. So now the bridge is going to pay for itself in like 80 years or 90
00:03:42.160 years. That feels like a big deal. The bridge will take longer to pay for itself than most people on
00:03:49.440 this planet we'll live for. Seems like a little bit of a detail that should have been included in
00:03:55.040 the headline, but what do I know? Now we're going to jump over to some of the commentary on social
00:04:00.680 media that I do believe will eventually break into the vast majority of normal people's feeds
00:04:06.260 on Facebook and places like Twitter. Mario Zelaya here puts it pretty well. He says,
00:04:11.860 Breaking, Carney just caved to Donald Trump on the Gordie Howe Bridge. Canada paid the entire
00:04:16.760 6.4 billion. Michigan paid zero. Carney's record on Trump. Regulatory tariffs dropped. Digital
00:04:23.680 service tax dropped. And now the Gordie Howe Bridge. Although he actually didn't include the
00:04:28.060 streaming tax tripling was also dropped. Carney says, Trump has surrendered nothing. Carney has
00:04:33.840 surrendered everything. Elected to handle Trump. Handled by Trump. This is capitulation. And he
00:04:40.160 says in all caps here, no wonder Carney got mad when he was asked about Trump. Carney's response
00:04:44.660 when asked if he'd renegotiate, quote, we're willing to clarify aspects of the current
00:04:50.640 arrangement. Trump's response, much better deal for America. Carney failed and got mad when asked
00:04:56.020 about it. Politically, he knows this will hurt him. The pattern is clear. And that is why we are
00:05:00.680 seeing the media kind of covering up what really happened here, sort of playing down the negative
00:05:06.740 aspects for Mark Carney and mostly just taking Mark Carney's word for what happened. That is
00:05:11.780 what the liberal media does for the Liberal Party. Whenever something's unfortunate, they will mostly
00:05:17.200 rely on the liberal spin of what ended up occurring. Check out this video that Conservative
00:05:23.040 Party leader Pierpaleev put out about this issue this morning. This is, again, going to be a very,
00:05:29.380 very big vote-getting issue for the Conservatives. Liberals have had a pretty good news week over
00:05:34.120 the past couple of weeks because of things like the pipeline deals and a couple of other agreements
00:05:39.060 they're signing. I don't think those are going to amount to much of anything. This is a good story
00:05:43.840 to diffuse all of those perceived wins that Carney was racking up. Imagine you spent a million
00:05:49.840 dollars building a rental property, and then your neighbor said he wanted to collect half the rent.
00:05:55.860 You paid 100% of the cost and you get only 50% of the revenue? What a terrible deal. Well,
00:06:01.000 that's exactly the deal that Mark Carney just brought home on the Gordie Howe International
00:06:05.720 bridge. Canada paid for the entire $6.4 billion price tag. We even funded the infrastructure on
00:06:13.340 the American side of the river, all with the understanding that we would collect 100% of the
00:06:18.600 tolls until we recouped our money. Carney just agreed to give half the tolls to a Michigan
00:06:23.840 economic development body that did not pay a dime to build the thing. This is our grandmaster
00:06:30.420 negotiator? Look, I don't think we should fight with our American friends just for the sake of it,
00:06:35.300 But here's what's clear. Carney's approach of elbows up when he thinks the president is not
00:06:41.540 looking and sucking up to his face is not working. It has only given us double the tariffs on more
00:06:48.100 goods and given us the only recession in the G7. Let's build our positive leverage on resources
00:06:54.680 and defense. Now I'm just going to pause it there because that's just going into the general
00:06:59.000 conservative pitch, which all you guys probably already know. I do think this is a good rhetorical
00:07:03.500 line to have on Carney. I think they specifically should be narrowing it to the fact that Carney is
00:07:08.320 scared of Trump. Now, he's not scared of him in a sense that he's physically intimidated in some
00:07:13.960 way. Carney is scared of Trump because Carney thinks he is more sophisticated than Trump.
00:07:19.280 Trump, to him, is a non-sophisticate. So Carney is terrified of getting into the room and negotiating
00:07:26.220 with Trump on anything because he's scared of looking like he got outplayed, probably because
00:07:31.720 Trump is not unsophisticated like Carney perceives him to be. And so if Carney doesn't
00:07:37.260 actually live up to the really high expectations he set for himself, he thinks he's going to get
00:07:41.720 shredded in the media and on social media because he probably would. Carney acted like Trump's no
00:07:47.700 big deal to him. And because he set that precedent, he can't actually negotiate with Trump because
00:07:52.520 it's going to prove that Trump is a big deal to him. And he's probably not very good at negotiating
00:07:57.220 compared to Donald Trump. So I think Polyev is generally taking a good line there that the guy
00:08:02.780 goes elbows up when it doesn't really cost him anything. And when engaging with Donald Trump,
00:08:07.780 he's always capitulating for nothing. You have to concede some stuff in order to get a deal,
00:08:13.120 but Carney consistently concedes when there's nothing to actually gain.
00:08:17.320 Now, I don't like the digital services tax that he's pushing or tripling the streaming tax. 0.97
00:08:22.200 That's foolish. Some of the other things he was doing where he was tariffing goods from America
00:08:26.740 that the Americans weren't tariffing themselves. That was somewhat of a bad look. But why wouldn't
00:08:32.140 you say, yeah, I am tariffing things that you guys aren't tariffing against us. I am going to
00:08:36.620 implement the digital services tax that are mostly going to affect American companies. I am going to
00:08:41.720 sign a deal with China. I don't care what you think about it. And then what you can then do
00:08:45.480 is say, yeah, but maybe, maybe I'm willing to get rid of all these things if we get back to a zero
00:08:51.700 tariff arrangement. If Cardi did that, I'd actually be here saying, you know what, that was actually
00:08:56.600 kind of savvy. He pushed some taxes, some things I didn't like, but it was just a threat to then get
00:09:02.320 something that you did want. So you can basically say, you know what, I'll sacrifice the supply
00:09:07.560 management system, but you have to do this or that. You have to basically go to zero tariffs
00:09:13.940 with us within three years, and we'll have a program to kind of have an off ramp for those
00:09:18.160 who are currently working in the supply management system so they can transition back to the normal
00:09:22.360 market. I would be praising him right now if he actually did something like that. He's not. He's
00:09:27.900 too scared of actually getting into the room and putting his chips on the table and playing a
00:09:32.580 negotiating game with Donald Trump to at least come out with something for Canadians. We get
00:09:36.980 nothing because Carney literally is too scared to go on the field. He'll keep talking about how
00:09:41.460 good he is at this, but he'll never actually engage in a war of words with Trump, even behind
00:09:47.980 the scenes. It doesn't have to be public. Behind the scenes and then come out with a deal that
00:09:51.480 makes somewhat sense for Canadians. But he set the bar at, I'm an amazing negotiator, and I'm
00:09:56.960 only going to sign something that's 100% good for Canadians, which is impossible. By the way,
00:10:01.760 I don't expect the Prime Minister of Canada to be a better negotiator than Donald Trump.
00:10:06.160 You're leading Canada. I love Canada, but it's not unpatriotic for me to say, we're a much smaller
00:10:10.960 country. Our leverage is naturally always going to be a little bit less. But it's like Carney
00:10:15.660 has never thought of how to use sort of his own advantages against Trump. Hey, Trump has to run
00:10:22.560 for re-election as president pretty much every two years. Yes, he's not literally running for
00:10:26.760 president, but right now the midterms are up. How about you use the midterms as some leverage?
00:10:31.820 But how about I drop all the tariffs right before the midterms so that will help out your party,
00:10:36.460 but you have to sign a deal with me that's going to include these things? He won't do it. He just
00:10:41.400 sucks at this. Now, this is also a good response from Shavloy Majumdar, who is the conservative 0.99
00:10:48.880 critic when it comes to U.S. relations. I thought he had a pretty good summation of how Dominic
00:10:55.680 LeBlanc also screwed this thing up. So Shavloy Majumdar here says, Canada paid 100% of the cost
00:11:01.540 of building the Gordy Howe International Bridge in exchange for a promise that we would collect
00:11:05.980 100% of the tolls until the cost was repaid. We even paid for infrastructure on the American
00:11:11.040 side. We took the risk on the risk of the cost. We deserve to recover our money. And that's why
00:11:16.120 we were shocked to learn that we have agreed to give half of the toll profits to the United States
00:11:21.380 at the expense of Canadian taxpayers. Prime Minister Carney has negotiated a terrible deal
00:11:26.460 for Canada. Our people demand answers. Before the bridge opens, Canada deserves a full agreement,
00:11:31.800 a complete account of its costs and clear answers about what was given away. The opening of the
00:11:36.100 Gordie Howe International Bridge should be a moment of national pride. This critical crossing
00:11:41.060 will strengthen trade, shorten travel times, and support workers and businesses on both sides of
00:11:45.500 the border. Canadians can take pride in the planners, builders, and taxpayers who delivered
00:11:50.180 it. Yet your government announcement of a July 27th opening raises serious questions about the
00:11:55.840 deal struck with the United States. In fact, now to go away from the statement a bit, in fact,
00:12:01.340 this agreement also allows for the bridge tolls to be negotiated on both sides so that they could
00:12:07.020 maybe even be 10% or more higher, because that was really the competitive advantage of the new
00:12:14.020 Gori Howe Bridge, that basically the government came in to build a new bridge because it was going
00:12:19.980 to basically increase productivity. It was going to increase trade and allow for firms to basically
00:12:26.760 export their stuff from either Canada to the U.S. or U.S. into Canada without having to incur the
00:12:33.360 much higher cost of tolls on the Ambassador Bridge, who just so happens to be a massive donor
00:12:39.760 to the Trump re-election campaign in 2024. Now, I'm not even saying this in a way where like,
00:12:44.760 ooh, nefarious Donald Trump having donors give him money, and now he's screwing with the Gordie
00:12:49.600 Howe Bridge. Hey, that's just politics. It's also just politics that for Carney to stand his ground
00:12:55.740 and say, you know what? Trump can say what he wants. I'm just going to start having trucks
00:12:59.900 and start lining up to cross the bridge. And I'm going to let Trump sit there and look at this
00:13:04.680 bridge about to open that he's not letting open. If I was Mark Carney, I don't dislike Trump. I
00:13:09.840 like Trump in many ways. I don't like other things that he does. But if I was the prime minister,
00:13:14.440 I would do that. Put on a show. I would have all these trucks, I have all these cars waiting to
00:13:19.300 come across the bridge, waiting to enrich the economies of the Rust Belt, of Michigan and
00:13:23.820 Minnesota and Wisconsin. And for some reason, he won't let them cross. That would be a great play.
00:13:30.180 But Carney is not a theatrical politician. He doesn't actually know how to stand up against
00:13:35.360 the theatrical politics, the sort of like very thumpy negotiating skills of Donald Trump. 1.00
00:13:41.300 It's so pathetic to watch. And I noticed that the CBC has done basically no coverage of this 0.95
00:13:49.280 entire issue a few days ago they talked about it and it was all about wall to wall oh my goodness
00:13:54.400 trump's such a bully trump's bullying canada oh my goodness i can't believe him why are they why
00:14:00.480 are they never talking about what carney should be doing how carney if he fails on this is a 0.98
00:14:04.560 complete weakling and was lying about elbows up and now remember at the same time all this is
00:14:10.000 happening not like the literal same time but at the same time carney's marketing himself as the
00:14:14.540 elbows-up guy, not only is he caving on the Gordie Howe Bridge issue, but in Europe, you'll remember
00:14:21.620 a story I did from a few days ago that was reported in the Wall Street Journal. He's calling
00:14:26.840 European leaders to tell them that the rupture with America is irreparable, and they shouldn't
00:14:32.260 bother trying to repair their relationship with the Americans. In fact, they should be trying to
00:14:37.800 work more with Canada and working more with other middle powers. The Prime Minister, the Socialist
00:14:43.060 Prime Minister of Spain acknowledged that this had happened. He acknowledged, and he actually
00:14:47.740 agreed with Prime Minister Carney because he's an anti-Western socialist. So Carney loves to talk
00:14:53.940 tough, loves to do the mean girl routine behind the scenes. But then when he's called on the
00:14:59.240 carpet by Trump over something that Trump's even wrong about, he cannot stand up for himself.
00:15:04.640 It's maddening that this is the sort of like leadership that we're left with here. And Prime
00:15:10.020 Minister Carney was, of course, just trying to pump up a bunch of tiny achievements to see if
00:15:14.640 he can offset this bad news. We created 18,000 jobs. Big whoop. Who cares? They're mostly summer
00:15:22.040 jobs. I want to show you guys this. This is another thing I wanted to cover from the other
00:15:25.900 day. I just didn't get around to it. The 18,000 jobs thing needs to be talked more about because
00:15:31.540 of just how weak. This is truly where the liberals are currently at. Remember, Justin Trudeau had
00:15:38.840 easily better Junes than this or better Mays or whatever it was. Mark Carney says,
00:15:45.660 building a stronger economy for all. And it's a CBC news headline that says, Canada added 18,000
00:15:51.500 jobs in June as unemployment rate edged down. Edged down is a little bit of a strong word here.
00:15:59.580 Barely even slightly moved down. Like if this was a chart on a computer screen, it's gone down by
00:16:05.540 like a single pixel that is how much the actual of the actual unemployment rate has dropped and
00:16:11.620 it came with a community note that was absolutely hilarious that the prime minister got uh like had
00:16:16.340 this is a strong community note it didn't end up uh it hasn't been like approved yet but that's
00:16:20.960 what happens a lot of liberals will say no to the community note conservatives will say yes
00:16:24.640 but it says the cbc headline reports net plus 18 000 jobs in june however gains were mostly in
00:16:31.700 part-time and seasonal work, 15,000 in food and accommodations. Manufacturing lost 17,000 jobs
00:16:38.260 and full-time growth was minimal. Only 600 jobs were gained on net for full-time permanent
00:16:45.220 employment. I've been having people say, well, Wyatt, not all the jobs are seasonal. It's
00:16:51.220 seasonally adjusted out. Guys, seasonal adjustment barely grabs up that many actual seasonal jobs.
00:16:58.040 The only way seasonal jobs are actually captured is that like lifeguards on a beach, if it's the same people pretty much every year or the exact same gig every single year being filled, that will get a seasonally adjusted out because over decades, that is a job that the government has identified as truly seasonal.
00:17:16.240 It happens every year for this set period of time, and then it goes away.
00:17:20.340 Seasonal adjusted jobs only get adjusted out if the job exists in an exact seasonal area of time.
00:17:29.680 If you go a month over, it's not seasonal.
00:17:31.660 If it's a job that didn't exist last year, it's not seasonal.
00:17:34.780 If it's a job where it's just the title is not always the same every year or the duties are not always the same, it's not a seasonal job.
00:17:41.120 So when the liberals keep saying, no, no, no, when we gained 80,000 jobs in May or whatever the number was, 88,000 jobs in May, oh, it's mostly new jobs, permanent jobs. No, they're all seasonal. It's hotels. It's food service. It's people who are working, again, like at pools and beaches. This is people at the World Cup. This is the stampede. I'm pretty sure that Mark Carney did not invent the World Cup or the stampede.
00:18:04.720 In fact, we should technically be praising Justin Trudeau for helping bring the World Cup to North
00:18:09.640 America and creating these jobs. It has nothing to do with Mark Carney. Losing 17,000 net jobs
00:18:16.180 in manufacturing is disgusting. Those are very high-paying, very productive areas of the economy,
00:18:22.980 and we're losing massive amounts of jobs in them because, going back to the main subject of this
00:18:27.240 video, Carney refuses to negotiate with Trump because he's scared of him. He doesn't want to
00:18:32.580 look like the non-sophisticate next to Donald Trump. He doesn't want to look like the weakling
00:18:36.560 who was outplayed. And so he thinks the only winning move for himself is not to play. But
00:18:41.560 the tragic thing is for him to make that winning move to not play, he has to sacrifice tens of
00:18:48.240 thousands of Canadian jobs in areas like manufacturing. Lots of permanent service
00:18:52.880 jobs have been lost. But we're going to celebrate that. Hey, guys, we got 18,000 jobs in June. Wow,
00:18:59.300 on net 18,000 jobs? Wow, we should give you a lifetime achievement award. We should give you
00:19:05.040 the hope diamond for that. But whatever. Anyways, before I wrap up this video, I actually just want
00:19:10.980 to quickly let you guys know that I'm kind of doing a bit of an exploratory campaign to potentially
00:19:17.640 run for the riding of Calgary Curry in the Alberta provincial election. I'll just show this on screen
00:19:23.400 if you guys want to know the area of the city it's in. It's right here in the city of Calgary
00:19:28.600 around the Southwest, sort of borders on downtown, that kind of Glenmore, Killarney type area,
00:19:34.820 little bits of wildwood and whatnot in it. If you guys want to sign up on my website,
00:19:40.060 wyattclaypool.com, if you're within the riding boundaries, I can always give you a call and see
00:19:44.180 if you want to buy a UCP membership to support my run in there. I'm obviously still working in
00:19:49.400 BC politics with Dallas Brody. I'll never stop helping Dallas Brody. Dallas Brody's fantastic.
00:19:54.040 But this is something I also may do because I am a resident of the province of Alberta and a Calgarian. And I think the UCP really could use somebody more hawkish on fiscal issues and just generally more to the right on politics because I'm not a separatist. I'm not pro-independence.
00:20:11.900 But I think for the UCP in this next provincial election, they need more kind of orthodox conservative conservatives, because if you run too many people who are kind of mushy center right conservatives, if you're pro-independence, are you really going to come and support this party if there's not at least something sort of, I guess, spicy to engage with?
00:20:31.320 there's not some big fight to go at I think a lot of independence movement support in part is
00:20:37.340 actually sort of generated because sometimes when politics gets boring provincially it doesn't feel
00:20:42.080 like there's enough momentum on provincial issues people go and do different things they go and
00:20:46.940 support things like independence where it feels like more political momentum where more political
00:20:51.040 populist energy is so if we run more even if you're not independent an independence guy more
00:20:57.220 sort of populist conservatives, I think that that will help hold the UCP together for the
00:21:02.640 2027 provincial election.
00:21:04.600 So hint at the top of the comments will be my website, wyattclaypool.com.
00:21:08.900 Sign up there.
00:21:09.680 Even if you're just an Albertan living somewhere else, I'm going to start recommending good
00:21:12.880 candidates for the UCP nominations around the province so that we do have a team that
00:21:18.260 can make sure that we can beat the Alberta NDP again.
00:21:21.600 But with all that being said, thank you guys for watching.
00:21:24.600 make sure to like, share, subscribe, leave a comment on what you think, and consider hitting
00:21:28.460 the join button and becoming a member of the channel to make it more sustainable for me and
00:21:32.680 allow me to be less reliant on the YouTube algorithm. So with all that being said, sign up
00:21:38.040 on my website if you want to support me for Calgary Curry, and I'll see you guys all next time.