00:00:00.000Hey guys, Wyatt Claypool here, and welcome back to the National Telegraph YouTube channel.
00:00:06.320It seems that the legacy media has finally figured out that Prime Minister Mark Carney and his liberal government
00:00:12.920have no clue what they're doing when it comes to trade negotiations with Trump and the Americans.
00:00:19.000They are now trying to offer advice to Carney, realizing that he has completely stalled out.
00:00:25.180In fact, in the second clip I want to play for you guys today, we have Aaron O'Toole, the former Conservative Party leader,
00:00:32.840who is sitting on Carney's trade advisory board trying to explain what Carney is doing wrong and what he needs to do to get any forward momentum on a deal.
00:00:43.480When the people on your own advisory board are going to the media trying to explain what you're doing wrong, it's because you're not listening to their advice behind the scenes.
00:00:53.380But anyways, in just a second here, we will be getting into the media clips.
00:00:57.120But first, I just want to remind you guys, if you like the show, make sure to leave a like on the video.
00:05:47.540Well, there was a discussion that happened on the sidelines
00:05:50.820between our chief negotiator and the minister in charge of the Canada-US relation with their
00:05:56.280counterpart. I think it does signal that Trump does not want to come to the table and that perhaps
00:06:02.080Canada has not conceded enough to get Trump to want to have a bilateral meeting with Prime
00:06:07.620Minister Carney. I don't think that we need to be worried about that though. I mean it would have
00:06:11.660been a very positive signal had that happened. That signal is not there for obvious reasons and
00:06:16.320the president kind of elaborated on those reasons after the G7 was over. I also don't think that
00:06:24.620we need to, you know, assume worst case scenario, because I think this is like pre-negotiation
00:06:31.020posturing, and we will see what actually emerges in terms of later on this summer and into the fall.
00:06:36.820The problem is we actually are in the worst scenario right now. They're trying to say it's
00:06:42.080all right. At the same time, you can see Althea Raj and the other people on the panel basically
00:06:48.060just pointing at the fact that Carney has been giving up a lot of concessions effectively just
00:06:53.940to get to the negotiating table. And that still hasn't even happened yet. And it's not about
00:06:59.080Canada hasn't made enough concessions. Maybe from Trump's perspective, that's what he would say.
00:07:05.260But from our perspective, I would say that we haven't established enough leverage to get to
00:07:10.740the negotiating table. Now, I hate the digital services tax. I hated the streaming tax. But
00:07:17.340if I were the liberals and I believe in those things, which I don't, it's just a tax on
00:07:21.800consumers. In fact, I really don't care if it's a tax on business or consumers. The government
00:07:26.320taxes enough and we should be lowering or eliminating taxes. But if I were the liberals,
00:07:31.780I would have kept those things in place and said, well, you know what? How about we meet
00:07:36.000and we'll figure out how to get rid of those if we can get rid of some of your tariffs.
00:07:39.300That would be fantastic. But Carney doesn't even realize when he has leverage, even the little bits
00:07:45.700of moments where he gets his hand on some leverage. He looks at it, doesn't know what it is, and just
00:07:50.240throws it in the fire. And it's like, oh my goodness, dude, do something that's going to
00:07:54.480increase our leverage. Either impose taxes that you say that you'll only take down if they will
00:08:01.400remove some of their tariffs, or you just start eliminating our own taxes on our side to make
00:08:06.640our economy better so we have more economic power against the Americans. But Carney has picked no
00:08:12.820strategy, as I've been explaining from the top here. We aren't giving up any concessions. We
00:08:17.740also aren't making any demands. We're not raising any taxes and keeping it there in order to put
00:08:23.380some pressure on the Americans. At the same time, we're also not lowering our own taxes domestically
00:08:28.340to make us a better business environment than the average American state. In fact, our GDP is now
00:08:34.760lower than Alabama, as you have seen be highly publicized over the past few months. Anyways,
00:08:40.940but that's it for that clip. I now need to take you into the Aaron O'Toole clip,
00:08:45.500and I'm blown away that I actually agree with Aaron O'Toole. He is, like, easily the most liberal
00:08:52.200Conservative Party leader since Joe Clark, terrible leader of the Conservative Party,
00:08:57.780basically is not really conservative in any way, shape, or form, but he actually hits the nail on
00:09:02.940the head here. What he says is not profound, but it is profound to be spoken on the CBC because the
00:09:09.180CBC has mostly just been cheerleading Mark Carney up until recently where they're now just confused
00:09:16.000by the lack of progress. He actually vocalizes that to get a trade deal, you might have to give
00:09:22.580up something, which is going to blow the minds of elbows up liberals because they believe you just
00:09:27.460go elbows up, you go aggressive, you ask for everything and say you're going to give them
00:09:30.460nothing back and eventually the enemy breaks. But that is not how negotiations work. I mean,
00:09:35.960the best scenario, I suppose, would be that the president and those in the administration believe
00:09:41.200they have extracted concessions while we have offered very few concessions, if any. But some
00:09:47.940of those irritants are they don't want to make cars with American automobile companies in Canada
00:09:53.460anymore. I mean, do we lose that? Do we have to give up on dairy supply management? Where are the
00:09:58.280potential gives here? Well, you hit it, David. We need to let the president feel he's extracted a
00:10:04.140win, but it's actually not a loss for us. So I use energy as an example often. Our oil and gas can
00:10:13.180actually help the Americans with energy security, with costs, get cost of living down. So Keystone
00:10:19.440XL always comes up with the president. But on auto, the auto industry and the supply chains
00:10:25.520for steel and aluminum are also being used for defense. The U.S. behind China on shipbuilding,
00:10:31.140and that's been a real issue for 10 years in Congress, those same supply chains, why break
00:10:36.660them up? They can help make a competitive auto industry. They can also help the U.S. with some
00:10:42.600of its rearmament for defense. Our critical minerals can help with military need and with
00:10:48.520electrification. So we have to sell ourselves a little bit more strategically. I was there under
00:10:54.160the Trudeau attempts at Kuzma, and we didn't manage that executive relationship with the
00:10:59.880president well. This time, I do see the government taking a more serious approach.
00:11:04.640But with President Trump, we're also going to have to persevere through some of his
00:11:09.280interventions. Yes, that's one way to put it. I suppose, what have we learned then
00:11:15.500in between the approach that we once took and the one that we are now taking as a country?
00:11:20.420What have we learned about, in particular, dealing with this president?
00:11:24.160I think the biggest thing we've learned is the US concerns about China. The last time under
00:11:31.160Ms. Freeland and Mr. Trudeau, we were quietly trying to broker a free trade agreement with
00:11:36.400China. At the same time, the US were saying, we don't want to see Chinese dominance in rare earth0.88
00:11:41.400minerals, critical minerals, steel and aluminum. Now, this is the actual key point here. I let it
00:11:48.040run for a while there, but this whole point, and some of it is kind of boilerplate, just sort of
00:11:53.780liberal marketing of Canada, of we have such great minerals. We are part of your supply chain. We
00:11:59.880help make goods manufacturing cheaper in the United States. That's all cool, fair enough,
00:12:04.620that should be vocalized at some point. But this is the key thing. It annoys the Americans how
00:12:10.080close Canada has gotten to China. And yet we keep trying to get closer while we also just demand
00:12:16.800that the US be okay with it. We actually, after signing that Chinese trade agreement,
00:12:22.500The US then passed stricter measures against forced labor and supply chains. That freaked us out. So we passed Bill C-35 because we realized that our deal with China puts us at risk of actually being hit by heavier tariffs because Canada is turning a blind eye to forced labor.
00:12:41.760Now, Bill C-35 is supposedly cracking down on labor that come or, you know, goods that are heavily manufactured or or like minerals that are mined in areas or other resources that come from areas with Uyghur Muslim slave labor.0.89
00:12:57.360The problem is there's slave labor all over China.0.98
00:13:00.020And at the end of the day, by passing Bill C-35, we basically just signal to the Americans that we know we're effectively guilty of using slave labor.
00:13:07.560But the problem is we refuse to just cut the tie.
00:13:10.860We refuse to just reduce Chinese trade in order to get the 79% of exports we do to the US to be stronger. We should just focus on that 79%, not turning this 5% we have with China into 7%. It's so asinine what we are doing right now.
00:13:27.000And that is what Aaron O'Toole is saying, that we are we are fighting tooth and nail to keep the five in direct, like in direct, like with it directly affecting and hurting our chances of maintaining the 79 percent we already have.
00:13:43.760We could even grow the 79 percent to equal a greater amount of exports.
00:14:08.760We're finally in line on a North American approach to what we see as disruptive trade practices from China on what the president now calls critical minerals, metals, steel and aluminum.
00:14:20.740Canada's aluminum supply for almost 100 years has been critical to the United States.
00:14:25.740So we can't, because the U.S. is pushing us away.
00:30:11.900You have to offer something big on the other side
00:30:13.960or else you can be buttonholed as just the naysayer of Mark Carney.
00:30:19.140Run on a thematic change to what the liberals are doing.
00:30:25.060massive tax cuts, massive social reform, a very freedom-minded policy that brings family values
00:30:32.840back into the government's lexicon. I think that would be a good idea. That is what you need to
00:30:38.960run on. It needs to be low taxes and like families and apple pie. Right now, it feels like the0.99
00:30:45.300commerce party a little bit. And again, I don't even disagree with them on commerce exactly.
00:30:49.500It's still not impactful enough what they're doing. You have to have a big tax cut,
00:30:54.240pro-life policies, run on the death penalty, run on a massive crackdown on crime, run on getting0.99
00:31:00.100rid of Chinese trade. Not like fully, but let's restrict it and go more with the Americans. Let's0.88
00:31:05.620not deal with third world dictators and developing world technocrats. Let's stop it. That would be1.00
00:31:12.340great. But I feel like right now, based on what I hear behind the scenes, Polyev is just hoping
00:31:18.380that Carney hits a giant economics brick wall and then he'll win. Carney is not a dumb man.0.98
00:31:24.660He's not smart either, but he can adapt when the economy is doing bad. He will adapt. He'll throw0.93
00:31:31.340more money at certain sectors and make it look like the GDP is increasing. He can pull out of
00:31:36.580this tailspin when it comes to the economy if he needs to, to get himself together for another
00:31:41.480election. And I really hope that the conservatives, like so many conservatives, don't just sit there
00:31:47.220and wait to win. You will lose if you wait to win. That's why we lost in 25. That's why we lost in
00:31:52.3602021. That's why we lost in 2019. And guess what? That's why Stephen Harper lost in 2015. Stephen
00:31:59.960Harper lost in 2015 because Jenny Byrne is a terrible campaign manager. And in fact, Stephen
00:32:05.500Harper lacked the instincts to say this wasn't working. I don't mind Stephen Harper. Don't love
00:32:10.900him. Don't hate him. Not like I think he was a bad prime minister. I just think probably could
00:32:14.720have done more regardless though he could have gotten he but the thing is the 2015 campaign
00:32:19.760was a safe campaign it was a safe campaign saying stick with me don't go with Volcker
00:32:25.400don't go with Trudeau they're crazy don't go with them stick with us we've slightly lowered your
00:32:31.880taxes and it's like oh my goodness where is the oomph where is the impact run on something big
00:32:37.700This is Blaine Higgs was a really good premier of New Brunswick. Blaine Higgs lost the 2024 election because Blaine Higgs didn't cut taxes. Simple as that. He was actually a really good socially conservative premier. Fantastic. He's actually him and the former People's Alliance leader who then merged into the PCs, Chris Austin. They kicked off the parental rights movement in Canada.
00:33:02.740They did a great job on that front. They even balanced a budget for three years in a row in New Brunswick, which sounds fake. It sounds fake that a maritime province actually balanced the budget for one year, let alone three. But then he ran on, if you elect me, I'll cut the PST by two points. And it's like, oh my goodness, Blaine, cut income taxes and knock a point or two off the PST before the election. Do it and then run on the fact you did it.
00:33:30.640Never be in for two terms running for your third term saying, hey, if you left me for
00:33:34.440this third term, I'll give you tax relief.
00:33:37.380Give them tax relief a year and a half beforehand, then run on the fact you did it.0.98
00:33:41.940Same thing with Danielle Smith right now.1.00
00:33:43.800She should be finding a way of cutting taxes in the next budget, even by 1%.1.00