The National Telegraph - Wyatt Claypool - Carney Liberals BLOCKED from appointing a loyalist as PBO!

00:00:00.000 Hey guys, Wyatt Claypool here. Rather shockingly, something actually good happened in Parliament a

00:00:06.620 couple days ago. The Conservatives ended up getting a win by having other opposition parties

00:00:11.980 back them on forcing Mark Carney's Liberals to interview new prospects for the Parliamentary

00:00:18.160 Budget Officer in front of a committee. This is in response to Carney's Liberals trying to very

00:00:24.980 quickly replace the interim PBO, Jason Jocks, with a Liberal Loyalist. Now, he is just the interim,

00:00:32.860 and I know some people have pointed out, oh, it's no big deal, they're trying to replace Jason Jocks,

00:00:37.000 he's the interim, he's meant to be replaced. The interim is supposed to have a term of six months.

00:00:43.020 It gives you a long period of time to find the new permanent Parliamentary Budget Officer,

00:00:48.900 but after just two months, because he was appointed in mid-September, they are already trying to get

00:00:54.400 rid of him because they don't like that he tells the truth. He is very sharp in his criticisms of

00:01:00.520 the Liberal government spending and how much debt servicing costs are starting to be of our yearly

00:01:06.340 budget. You could say, well, that sounds partisan. He shouldn't be criticizing. Actually, he should.

00:01:11.580 It's a watchdog position. The person who is the PBO is meant to look at the balance sheet of the

00:01:17.940 government and say, hey guys, this keeps getting worse every single year, and like Jason Jocks said,

00:01:22.780 this is becoming unsustainable. He also called their spending shocking and stupefying, which

00:01:28.940 just makes me like him more, but the Liberals clearly didn't like it. But now we have all the

00:01:34.100 other parties basically saying, it doesn't matter if you like it or you don't like it, you're going

00:01:38.960 to have to interview your new prospects for the PBO in front of us so we can weed out if this person

00:01:45.160 is actually going to hold you accountable or not. So presumably, a Conservative can ask the questions

00:01:51.340 to the PBO. What do you think about the current budget? Do you think this level of spending is

00:01:55.520 appropriate? How bad is this accumulation of debt for our next 10 years? Is this going to be something

00:02:02.640 that's going to hold back our economic growth in the future? That's something that we should be able

00:02:07.360 to ask because if they can't answer that with an objective, correct answer that yes, the amount of

00:02:12.920 debt is actually getting quite bad, then they should not be the PBO. This is not a position for

00:02:17.800 somebody to give Mark Carney a back massage. But before we get into the article I wanted to

00:02:22.740 read, I just want to remind you guys, hey, if you like the show, make sure to leave a like on the

00:02:26.680 video, subscribe if you are not yet a subscriber, and then of course, leave a comment on what you

00:02:32.000 think. Later on, I actually want to also get into a video from one of the federal NDP leadership

00:02:38.200 candidates because somebody I know dunked on them extremely hard for their anti-oil and gas

00:02:44.180 position. But here, let's get into this article from the CBC, and it says, House committee asks to

00:02:51.000 interview shortlist of budget watchdog candidates. Interim PBO has questioned sustainability of

00:02:56.700 government finances. So the article opens up saying a committee of MPs is asking the government

00:03:02.880 for a shortlist of candidates as it seeks to find a new permanent parliamentary budget officer.

00:03:07.900 After the interim fiscal watchdog raised concerns about Canada's finances. A motion adopted at the

00:03:14.000 House Government Operations Committee on Thursday is also requesting that a subcommittee be allowed

00:03:18.620 to interview the potential candidates behind closed doors and make recommendations to the

00:03:22.860 government who should be selected for the permanent position. Quote, I believe there needs to be a PBO

00:03:28.000 appointed to a full-time position who is vetted by parliamentarians, said Conservative MP Kelly Block,

00:03:33.960 who moved the motion. The motion was adopted with Conservatives and Block members voting in favour

00:03:38.280 while the Liberals voted against. That's my mistake. Yeah, there actually isn't any NDP on

00:03:43.240 the committees because they aren't an official party. So it's Liberals, Conservatives and Block,

00:03:48.440 but because the Liberals are only a minority government, that means that the Conservatives

00:03:53.080 and the Block Quebecois can actually overrule them in many of these committees. Reading on,

00:03:58.400 it says, the PBO is a nonpartisan office of parliament providing independent economic and

00:04:02.800 fiscal analysis to the Senate and the House of Commons. As it stands, the PBO is appointed by the

00:04:07.660 government after conducting consultations with the leaders of recognized parties and groups in both

00:04:12.240 Houses of Parliament, according to the Parliament of Canada Act. The appointment must also be

00:04:16.740 approved by both chambers. Block said the interview process she proposed should be considered part of

00:04:22.360 the consultation process outlined in the Act. Thursday's motion adopted in the wake of the

00:04:26.940 government appointing Jason Jacques to the PBO role on an interim basis earlier this fall.

00:04:32.440 In one of its first committee appearances in September, Jacques criticized the government spending

00:04:37.520 a stupefying, shocking, and unsustainable. Last week, in the wake of the Liberal government releasing

00:04:42.180 its budget, Jacques released a new report that slightly contrasted his earlier remarks. He said

00:04:49.240 that while the government is unlikely to meet its deficit targets, the federal finances are

00:04:53.060 sustainable over the long term. No, no, he actually did not say that. And this is where the CBC is

00:05:00.220 being the CBC. In his own report, he said that the fiscal anchors that the Liberals have put in place

00:05:08.160 in order to meet their targets only have a 7.5% chance of actually holding. Yes, he's saying that,

00:05:15.600 yes, we're not going to collapse in the short run here. But overall, the debt accumulation is still

00:05:21.780 extremely bad. His whole point about it being unsustainable is that the idea that the Liberal

00:05:29.120 plans are very unlikely to actually hold. Yes, the Liberals will always have some sort of a chart

00:05:35.020 showing the debt going down. And Jason Jacques can confirm if you actually stick to that, if you stick

00:05:40.920 from going at from a $78 billion deficit to 65 to 60 to 55 to 40, yeah, technically it becomes

00:05:48.220 sustainable. He also said that the chances that the fiscal anchors hold to the point where you can

00:05:54.940 have that gradual reduction in deficits over time is wrong. He also called out the Liberals for greatly

00:06:01.860 miscategorizing a lot of the spending in its budget. $94 billion in the budget was miscategorized

00:06:10.060 in a way that he made it very clear it's pretty hard to have done that by accident. They basically made

00:06:16.020 it so that a bunch of operating spending was categorized as infrastructure spending. It

00:06:21.680 very clearly was, at least from his perspective, operating operation spending, because the Liberals

00:06:27.660 were trying to market the idea that the deficit is just because we have so much in infrastructure

00:06:31.840 and we're investing in the economy. And Jason Jacques pointed out a lot of that is just standard

00:06:38.400 operating expenses that may have a slight vague tie to infrastructure, but these are not

00:06:43.960 new infrastructure investments overall. Overall, I think the infrastructure investments in the budget

00:06:49.820 were like $215 billion, but then you had to remove $94 billion, and it's not nearly as much

00:06:55.020 as the Liberals would make it out to be. And in fact, even if you took out all the infrastructure

00:07:00.880 spending, the new infrastructure spending, they would still be in a deficit with just the operating

00:07:06.060 spending alone. That's the problem. This government is so spendthrift, despite what Carney says,

00:07:12.840 that even if it wasn't, if you took all the investments out, we are still spending too much.

00:07:18.700 Yes, the investments are still spending, and I find that so obnoxious, but even if I was to follow

00:07:22.980 the logic of Carney, no, he's not spending less and investing more. He's spending more and investing

00:07:28.660 more. He's just spending more. That's all that is happening here.

00:07:31.940 And it said, going forward, it says, during Thursday's committee meeting, Conservative MP Tamara Jensen

00:07:38.900 asked Jax about the wording in the job posting and suggested the government wants someone who might

00:07:43.760 be less keen to criticize its fiscal position. Quote, it kind of sounds like they just want to make sure

00:07:50.120 somebody's going to keep things on the down low, unquote Jensen said. Jax disagreed with her assessment.

00:07:57.680 He said his interpretation of the wording applies to meetings he would have with all parliamentarians,

00:08:03.100 but most of the meetings are in private with their staff, and none of that information is

00:08:06.880 divulged with other parliamentarians. And that's important, and you need to someone who can be

00:08:11.240 discreet, not share that information. Although I can really, it's pretty obvious that Jax would,

00:08:17.120 of course, say that because he's not going to be the type of guy to just go out and just start 0.97

00:08:22.980 slamming them on like, oh, yes, they're very corrupt. Oh, yes, they have too many closed door meetings.

00:08:27.180 He's just focused on the numbers, which I like about him. But again, I think that he also will

00:08:33.600 have to, he's going to have to smooth things out because I actually heard that he might go for the

00:08:37.300 permanent position, which I would fully support him taking because the PBO should be as honest as

00:08:42.460 humanly possible. It should be someone who all they care about is getting the numbers right.

00:08:47.180 But now let's jump into this little video that NDP leadership candidate Avi Lewis posted

00:08:53.860 just yesterday or just this morning. And he says, my position is clear. I am unequivocally opposed to

00:09:01.400 any new fossil fuel development, including LNG. Industry and government have spent years selling

00:09:06.980 the lie that natural gas is a bridge to the future. The bridge is burning. We must have the courage to

00:09:12.700 say this to every government of any stripe. If you're building a new pipeline or fossil fuel

00:09:17.980 infrastructure, this shall not pass. Is he making a Lord of the Rings reference? But regardless,

00:09:24.980 this man is delusional, except he's in the top three people likely to become the new liberal leader.

00:09:32.840 At the very least, he's going to have a kingmaking role between either if Rob Hashton becomes the

00:09:39.400 leader or if Heather McPherson, because it's pretty much Heather McPherson, Rob Ashton, and Avi Lewis.

00:09:45.840 Now, if you're a conservative, you probably want Heather McPherson to win. She's not as crazy as Avi 0.92

00:09:51.540 Lewis on stuff like this, at the same time that she's not like so... Rob Ashton's still basically

00:09:58.880 a communist. But Rob Ashton uses a lot of more working class language. He comes across more

00:10:03.960 working class. And I could actually see that ripping some votes in the Windsor type areas back over to the 0.83

00:10:09.400 NDP from the conservatives. Heather McPherson doesn't bring any of the people who started voting

00:10:14.700 conservative in this last election who used to vote NDP. But she will rip back liberals who voted for 0.68

00:10:20.620 the Liberal Party this last election, but previously were voting for the NDP. But let's take a look at

00:10:25.800 this video quickly.

00:10:27.440 When it comes to the question of LNG, I want to be really clear. I'm a British Columbian NDPer,

00:10:32.580 and I am very grateful for our NDP government in this province. But when it comes to LNG,

00:10:37.460 so many of us are heartbroken, we are utterly mystified, and we are frankly enraged at the fact

00:10:44.000 that our NDP government is going full bore on this fossil fuel. The Xila Sims project,

00:10:49.100 re-announced by Carney this week, should not proceed, in my view. Absolutely not. It's U.S. owned and

00:10:55.200 operated. The backers of it are Trumpian billionaire bad guys. And like,

00:11:00.640 they're bad guys, everyone. They're bad guys. Like, what a childish way of talking about politics.

00:11:07.480 Oh my guys, these are Trumpian American bad guys. They want to put oil in our economy. This is evil.

00:11:16.580 Like, I'm actually fine with the projects for the most part that Carney's announcing. The only problem

00:11:22.500 with them is he's just re-announcing old projects that were already approved. Like, many of these

00:11:26.560 projects, it wasn't just that they were already underway, and they really didn't need the fast

00:11:30.960 tracking. They literally are already on their way to being built. They do not need any fast

00:11:36.400 tracking. Carney is just re-announcing old projects that are behind schedule, pretending like,

00:11:41.140 oh, if they get complete in the next six months, it's because of me. Like, it literally would have

00:11:45.180 happened anyways. Other than like, all the stupid green energy projects that he's dumping taxpayer money 1.00

00:11:50.540 into, I'm fine with the LNG expansions and whatnot. But imagine being so out of touch as an NDP 0.99

00:11:55.560 candidate. You're having to criticize your own BC NDP government, which is already delusionally

00:12:02.060 left-wing, because they are not so left-wing that they just started cutting all oil and gas projects.

00:12:08.160 The smug face of a man right here who has never actually had to produce anything. He makes money

00:12:16.200 from being unproductive. There are so many people who work in government, work in non-profits,

00:12:20.900 activist groups, who somehow have a full-time job of just being a professional, useless person 0.71

00:12:26.620 who acts as a consultant. I don't even know what Avi Lewis's background is. I am just so confident 0.62

00:12:32.480 the man has never actually produced something of worth for society.

00:12:36.800 Many of these years, I'm totally opposed to it. You know that companies and governments have for a

00:12:41.500 long time peddled the PR spin that natural gas is a bridge to a clean energy future. The bridge

00:12:47.340 is burning. It is no kind of bridge. Methane is the most potent greenhouse gas in the 20 years,

00:12:53.740 the next 20 years, when we must make this societal shift. It leaks at the fracking site. It leaks at

00:12:59.200 the liquefaction site. It leaks when they're putting it on the tankers. Very little. It just doesn't.

00:13:05.840 He's just wrong. Apparently, Ohio and Pennsylvania should be on fire right now, according to Avi Lewis.

00:13:12.560 He's just a delusional granola weirdo who just thinks that government should be run for and by

00:13:18.600 hippies who, like, sell, like, jam at farmers markets. We must choose a different path. This 0.92

00:13:23.460 is no bridge to the future. And we can't just oppose conservative or liberal projects like this.

00:13:29.520 We need to have the bravery to say to any government of any stripe that is building new pipelines and new

00:13:35.160 fossil fuel infrastructure, this shall not pass. This is why I do not want this guy to become the NDP

00:13:41.980 leader. One, I actually don't mind all the parties becoming more rational over time. But, like, he's so

00:13:48.320 nutty, I don't think anyone would act. I think he would actually kill the NDP entirely. Let's go on. Now, 0.98

00:13:54.560 I need to go over to the response from Peter McCaffrey here, which is absolutely hilarious. And he says,

00:14:00.880 all the things in this shot that require oil and gas in their manufacturing process. And he's showing

00:14:06.960 the lamp, the whatever, the dehumidifier, rehumidifier there, or the humidifier. He has the

00:14:12.160 television. He has the thing sitting on the counter, his shirt, his glasses, the little lapel mic he's

00:14:19.340 wearing, the painting in the background, all of the plastic shelling for the light switches, the blankets

00:14:26.980 and whatnot. These people are hypocrites. They think that food comes from the grocery store. 1.00

00:14:33.600 And these people want to be in charge of government. They don't know how anything works.

00:14:39.180 They simply just believe that we can have the entire economy run on rainbows and happy thoughts,

00:14:45.580 and that we, like, literally, these guys come from the show Captain Planet. They think that oil and gas

00:14:51.260 is bad, must be stopped at all costs, and that somehow we're just going to make the entire economy

00:14:56.460 run on granola and love. It's ridiculous. Anyways, well, that should be it for me today in this video, 0.98

00:15:02.700 guys. Thank you for watching. Like, share, and subscribe. Do all that fantastic stuff for me,

00:15:08.080 and I will see you guys all next time.

The National Telegraph - Wyatt Claypool - November 22, 2025

Carney Liberals BLOCKED from appointing a loyalist as PBO!

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