The National Telegraph - Wyatt Claypool - June 12, 2026


Carney Is LOSING IT - Liberal Corruption is Causing BIG BACKLASH with Voters!


Episode Stats


Length

18 minutes

Words per minute

166.56

Word count

3,105

Sentence count

126

Harmful content

Toxicity

4

sentences flagged

Hate speech

1

sentences flagged


Summary

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

A Conservative MP asks about the $200 million fake spaceport being built in Nova Scotia, and the corruption surrounding it. Also, opposition to the proposed Alto High-speed rail line is heating up in Canada, and it's going to hurt the Liberals.

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.
00:00:06.320 Truly, I think when Prime Minister Mark Carney's liberal government approval bottoms out,
00:00:11.800 it's going to be in large part because of rampant corruption connected to
00:00:16.580 contracts the government is currently giving out. It's wild just how much money the government has
00:00:23.100 burned on friends that the media is letting them pretty much get away with right now,
00:00:27.980 But eventually, it will hit critical mass, and this stuff will start hammering the Liberals' approval ratings.
00:00:34.560 Here's a great example from the House of Commons today, where a Conservative MP asks about the $200 million fake spaceport that's being built in Nova Scotia.
00:00:45.700 Member for Barry South Innisfil.
00:00:47.680 $200 million. That's what Liberals gave a near-bankrupt company of well-connected Liberal insiders and family members.
00:00:54.500 for now three failed launches from a concrete slab spaceport.
00:00:59.580 While Canadians pay for the most expensive science fair project in history,
00:01:03.800 the only successful thing taking off are the bank accounts of Liberal insiders
00:01:08.040 like Sasha Jacobs, who turned worthless shares of the company
00:01:11.640 into a $1.8 million personal windfall after Liberals lit the fuse.
00:01:17.300 Will the Prime Minister just admit that this was all about greasing the palms
00:01:20.720 of well-connected Liberal insiders?
00:01:24.500 The Honourable Minister of National Defence, Mr. Speaker, our investments in Canada's space capabilities, remember we'll know, will translate into new jobs, stronger supply chains, greater industrial capacity, and a more resilient Canadian economy.
00:01:40.280 We're taking decisive action to strengthen our security and sovereignty
00:01:45.680 and to reinforce the resilience and long-term strength of the country.
00:01:49.340 We're strengthening Atlantic Canada's industrial capacity,
00:01:52.800 growing Memphis Scorch's role in Canada's defense industry
00:01:55.420 and giving Canada the capability it needs to respond to evolving global security challenges
00:02:00.860 while supporting long-term economic growth.
00:02:04.640 Now, that pretty much went nowhere from the Liberal side
00:02:07.660 because there's no real way of actually defending this. I love the line that this is increasing
00:02:13.100 Nova Scotia's industrial capacity. That would imply that somehow things are being manufactured,
00:02:21.160 things are being created. Yes, I guess they can build stuff on the spaceport, but this is pretty
00:02:28.280 much what it looks like. Yes, they can do apparently minor launches off of this, but they
00:02:33.840 were given $200 million from the federal liberal government to basically rent a small slab of
00:02:41.100 concrete like this. And it was even backdated by a year. They got millions and millions in rent
00:02:49.600 for a year that it wasn't actually even being rented in. And it wasn't just, I believe it was
00:02:55.060 the Sasha Peters or Sasha somebody that the conservative MP mentioned there. There is also
00:03:00.980 Stephen McNeil, the former liberal premier of Nova Scotia, who is a strategic advisor for the
00:03:07.700 maritime launch services. So there are multiple liberal insiders and former politicians connected
00:03:14.160 to this project that just happens to be having tens of millions, hundreds of millions of dollars
00:03:19.380 shoveled towards it. But that one is technically quite minor compared to the Alto high-speed rail
00:03:27.360 line that has already had around $250 million spent on it so far, despite the fact that it
00:03:35.360 actually hasn't done anything. I want to get into some footage of the sort of protests and
00:03:41.060 the posts that have been made about this, because this is truly a political liability for the
00:03:46.400 liberals. There's nothing good about the train for them. It was, I think in their minds, a great
00:03:51.740 like big project for mark carney to hang his hat on but as more details come out about it more
00:03:57.980 people are opposing it meaning that the political value of it is effectively nil for prime minister
00:04:03.980 mark carney yesterday on parliament hill hundreds of people gathered to protest the proposed alto
00:04:15.500 high-speed rail project among the crowd were many farmers concerned about the impact the project
00:04:21.020 will have on agricultural land, rural communities, and their livelihoods.
00:04:26.920 They want to go through some of our land,
00:04:30.260 and I'm totally against the group that's involved with it,
00:04:34.380 the money that's being spent.
00:04:36.200 It's a corridor that's not going to be able to be traversed.
00:04:40.280 It's going to divide farms and farmers from their land,
00:04:44.540 and it's going to prevent wildlife from doing their natural wildlife corridor
00:04:50.620 traversing and it's a waste of taxpayers money it's no good for nobody like you need transportation
00:04:57.580 it's gonna cost you a lot more and it's divided a lot of farms in half and so their work the value
00:05:04.860 of the farm is going to go down so fast after that yeah a high-speed rail it's a special train
00:05:11.500 that we cannot cross there is fences on each side of that train now you we don't need to listen to
00:05:18.860 too many more of these interviews here. Farmers Farm did a good job going out to Ottawa at this
00:05:24.300 protest and interviewing people. But if you notice the points that people were making during that
00:05:29.000 clip, it's not like a bunch of conservatives coming out and saying that it's a waste of
00:05:33.280 taxpayer money, although that was an element mentioned about the train. People are mentioning
00:05:38.020 things from the environment, from land use, from transportation issues, taxpayer dollars being
00:05:44.720 wasted. And also, we even have the Parti Québécois, which you would assume would be in favor of this
00:05:50.300 because the PQ provincially tends to be a little more socialistic. Most of the Quebec parties
00:05:55.060 outside of the Quebec Conservatives who don't actually have any seats right now, they all tend
00:05:59.580 to be in favor of a lot of government spending. But even they said nobody really wants this train
00:06:04.720 between Toronto and Quebec City, but a bunch of liberal MPs want it, and especially the finance
00:06:11.360 Minister Francois-Philippe Champagne, whose wife just so happened to, two months before
00:06:17.400 the train's budget was approved, became the Vice President of Environment at Aalto, one
00:06:24.520 of 13 vice presidents for a project that has nothing actually built yet.
00:06:29.720 And I know projects start off small and there's a planning phase, but the planning phase of
00:06:35.060 this project has been absolutely astronomical when it comes to spending already.
00:06:40.540 But before I get to those numbers, I just want to show Pierre Polyev's post on this, because obviously this is a great issue for the Conservatives to be jumping on board on, both the Conservatives and the Bloc Québécois, who are hammering the Liberals on this one.
00:06:55.960 This is also why I think that Carney's polling numbers are eventually going to go down, and it's going to go down in places where the Liberals cannot afford for the polling to get worse.
00:07:07.400 Here's the thing.
00:07:08.300 The Liberals are doing better in Saskatchewan, better in Alberta these days, a little bit.
00:07:12.740 A little bit of the anti-separatism of Liberal MPs that they really peacock out there helps
00:07:18.040 with certain sort of nervous retired voters in Calgary and Edmonton, so they might be
00:07:23.500 able to win some of those people over.
00:07:25.340 They're probably not going to get any extra seats out of it, though.
00:07:27.980 If anything, they could even lose Calgary Confederation next election.
00:07:31.900 The Liberals could increase their vote in Alberta 3%, 4%, 5%.
00:07:35.040 Really doesn't do anything.
00:07:35.960 Same thing in Saskatchewan. They have the North Saskatchewan riding. That's all they're really going to get. But if the Liberals lose three or four percent in Quebec or in British Columbia or in Ontario, they are in real trouble of having a problem with seats in the next election.
00:07:51.780 They can run up the score in places that they're already doing well in, in downtown Toronto and downtown Montreal and in Victoria.
00:08:00.380 But if they start losing West Coast voters to the NDP or the Conservatives because of either the property rights issue or because environmentalist liberals don't like that Carney's even somewhat positively talking about a pipeline.
00:08:13.340 and he ends up losing Quebec nationalists in Quebec because of his dumb comments on separation
00:08:18.900 and saying that he wouldn't recognize a majority vote for separation, as well as the Alto train,
00:08:23.980 you can see where there's kind of these pathways and little kind of corridors and regions
00:08:29.040 where both on the left and the right, he's going to start losing votes
00:08:33.380 because he just kind of bulldozed through with his project ideas,
00:08:37.600 with a lot of his new programs or new agreements without actually consulting anybody.
00:08:43.340 And it's not about whether it's a good move or a bad move. It's a politically stupid move. Now, these are bad policies, too. You know, I absolutely think these are bad, but it's more so that I'm marveling at the political incompetence of it all. 0.99
00:08:57.320 This is also what we're hearing from inside the Liberal caucus that's being leaked out on Carney, all of the MPs anonymously speaking to the media, saying that, yeah, he tends to just say what he wants to happen and everyone has to do it, or you're going to be basically kicked out of the inner circle.
00:09:12.580 Well, this is what he's doing in all of Canada as well, just jamming a project forward, throwing money at it, and telling everyone if they don't like it, then you don't believe in Canada or whatever.
00:09:22.060 But Pierre Paulyov here says,
00:09:23.820 A $90 billion Alto boondoggle for liberal elites paid for by Canadian taxpayers.
00:09:30.300 Farmers, landowners, and working people are saying no to Alto.
00:09:34.000 Conservatives stand with them, signed to join the fight.
00:09:36.640 So, you know, obviously they're data mining off of this issue,
00:09:40.040 but it's an area where it's highly lucrative for the Conservatives to be signing up new supporters
00:09:44.860 down in that area where it's pretty much liberal ridings all the way there,
00:09:48.920 outside of a couple of outliers.
00:09:51.200 Anyways, but now I want to get into sort of the numbers behind Alto so far.
00:09:57.020 We've heard about the $200 million rent for the launch company in Nova Scotia.
00:10:02.220 But Alto, despite the fact that, again, this project was only recently approved and there's no actual, you know, products delivered yet, there's no train rail on the ground, there's nothing actually built.
00:10:15.600 They have somehow spent, so far, $265.9 million.
00:10:23.840 This has been pretty much all for salaries, consulting, doing studies, legal and financial advising, travel, grants for Indigenous participation, and all that.
00:10:37.060 There has been zero capital spending, no spending on equipment, no spending on actually building
00:10:45.520 anything. They're not building any train stations. They're not building any rail. They have spent
00:10:50.360 over a quarter billion just talking. And their budget to get to the point where they might start
00:10:58.760 actually building something over the next three years is over $4 billion. So we are literally
00:11:03.720 going to spend $4 billion to talk. In Japan, if they had $4 billion, they could actually build
00:11:11.820 quite a bit of rail and stations towards a certain destination. I'm not sure if they
00:11:16.460 probably couldn't build a train, a track or a train line as long as Toronto to Quebec City
00:11:22.760 with $4 billion, but they could get something done. In Canada, we spend $4 billion and we
00:11:28.700 literally get a complete goose egg done. Nothing. But now I want to get back over to the question
00:11:36.180 period question because another or question period because there's another question I want to
00:11:40.160 highlight. That is another more minor spending scandal going on with the liberals. But this is
00:11:45.800 one that we've seen repeated multiple times. And again, I don't if someone said the government
00:11:51.860 wasted $200,000, you'd probably say, well, it's the government. That's really not that bad. But
00:11:56.520 The problem is so much of the money that's being wasted right now is on things that are so petty
00:12:01.660 that end up highlighting the elite character of the Liberal government
00:12:05.420 that this is going to be a big election issue for the Liberals
00:12:10.140 when you have a bunch of your Crown Corporation executives spending $6,500 on a dinner.
00:12:19.040 The Honourable Member for Foothills.
00:12:20.880 Well, that's no answer from the Minister.
00:12:22.540 We got 30 more of those.
00:12:23.740 I sure hope they up their game with the answers.
00:12:25.700 And the CEO of Farm Credit Canada last year, Justine Hendricks, spent more than $213,000 just on travel.
00:12:34.240 She spent another $53,000 on hospitality, including one meal for more than $6,500.
00:12:41.600 That's more than a third of what a family of four spends on groceries for an entire year.
00:12:46.880 Can the minister tell me how much more out-of-control spending is he going to approve this year?
00:12:51.220 now this answer is really bad just from the visuals that the guy who's going to stand up
00:12:59.300 is holding his phone obviously being fed an answer to try and justify
00:13:03.080 the ceo farm credit candidate blowing money like that
00:13:06.800 the honorable parliamentary secretary to the minister for energy fcc is an independent
00:13:14.820 crown corporation and operates at arm's length with that said what i can see by the way no it
00:13:21.220 does not yes in theory it operates at arm's length but who runs it is not arm's length
00:13:27.460 the minister can pluck that person out throw them out and replace them with someone better
00:13:31.700 and they have very good cause to fire them without even having to pay them severance based on all the
00:13:37.220 money that's being wasted there i hate whenever a crown corporation is overspending or doing
00:13:43.140 something corrupt and we can just say it's a crown corporation they operate at arm's length from us
00:13:48.580 they only operate at arm's length from you when you want them to operate at arm's length and it
00:13:53.060 turns out whenever they do something bad rather than dealing with the problem it's easier to say 0.91
00:13:56.740 oh wow they're way over there i have nothing to do with that let's go back to claude gay's uh
00:14:03.620 answer here though is that farmers and agriculture stakeholders around the country appreciate what
00:14:10.500 the good work that is done by fcc we're working hard to grow the agriculture sector
00:14:16.660 and the strongest economy in the g7 and fcc is an important part of our effort thank you mr speaker
00:14:23.940 the fcc is an important part so shut up about somebody spending six thousand five sixty seven
00:14:29.460 hundred sixty five hundred dollars on a single dinner oh who cares maybe there are more people
00:14:34.340 at the with them at the table and somehow you know that's justifies a bill that large
00:14:40.020 mr speaker the liberals themselves are warning warning public investment in ag research and
00:14:49.700 development has fallen by 15 private sector r&d outsourced universities is down 77 and the number
00:14:56.780 of firms conducting research in canada has dropped by 30 yet the liberal ag minister himself is
00:15:02.500 slashing 115 million dollars in agriculture research science took the hit for 75 percent
00:15:08.840 of the cuts in his department did the ag minister personally approve these cuts yes or no no i
00:15:15.580 actually don't care about the answer on that one i was just allowing that question to be in as well
00:15:20.340 just because of how again ridiculous it is that you have them trying to like them not giving a 0.96
00:15:27.880 crap about the FCC CEO blowing money. At the same time, they're actually cutting money from actual 0.94
00:15:34.680 farm research, which does matter. It helps people plan crops. It helps people basically deal with
00:15:40.640 soil issues. I don't know all about it, but from actually talking to farmers, it does matter.
00:15:46.320 Now, I am in favor of smaller government. I want less government spending in general.
00:15:51.440 But the fact that whenever government chooses to cut something, it's always in an area where you
00:15:55.980 could argue that it might have been even underfunded in the first place, is just telling
00:16:00.280 about the ideology of the Liberals. They just don't like resources. They just don't like oil
00:16:04.680 and gas. They really don't like farmers. And where they choose to spend money is, again,
00:16:09.760 a spaceport in Nova Scotia they're leasing the land for for $200 million. I think that comes
00:16:15.360 with some servicing. They've spent over $260 million on a train's planning stage that is
00:16:23.540 still going to go on for multiple years now that nobody actually likes. You have Mark Carney
00:16:28.880 flying around the world and on three separate trips, spending $200,000 on airplane food alone.
00:16:36.020 And we had to cut money from agricultural research? Really? That's where the money had
00:16:43.320 to come out of? They're blowing out the budget everywhere else, but this is where we're going
00:16:46.700 to start being frugal, guys. The whole thing is just absolutely annoying to me. Anyways,
00:16:52.420 With that all being said, that's kind of where I'm wrapping up this video topic, but I think you guys kind of get what I mean. All of these are kind of little drops, and each one of these issues alone doesn't really matter that much.
00:17:05.820 If it was just the spaceport, if it was just the pre-planning on Alto, if it was just Carney's airplane food here and there and the FCC CEO spending on like $6,500 on a dinner, it wouldn't be that bad if it was just one or two of those things in isolation.
00:17:24.440 It's not.
00:17:25.580 And as time goes on, they keep finding more and more money that the government is misspending under the leadership of a prime minister who's supposed to be some sort of financial guru.
00:17:35.140 You think this guy, who's trying to come across rhetorically more conservative, would be trying
00:17:40.800 to get some of the spending under control. But of course, Mark Carney doesn't actually know
00:17:45.480 what he's doing. And his entire business career before this, when it comes to Brookfield Asset
00:17:50.580 Management, was lining up for government subsidies. He is not a small spending guy.
00:17:55.640 Even in business, he relied effectively on government to make sure that his ventures
00:17:59.280 were actually profitable. And who could have imagined that when you make that guy prime
00:18:03.820 minister, he's just going to dump money around the economy and hope it helps. No actual real
00:18:08.540 control on where the spending is going, just trying to stimulate the economy. This is what
00:18:13.080 he did in the UK. This is what caused the UK to have bad inflation under his watch as the governor
00:18:19.240 of the Bank of England. He just dumped money around, hoping that it was going to stimulate
00:18:23.080 the economy. Turns out that doesn't actually work, but he's going to try to get in Canada for no
00:18:28.380 reason anyways with all that being said thank you guys for watching like share subscribe consider
00:18:33.980 hitting the join button and becoming a channel member and i'll see you all next time