The National Telegraph - Wyatt Claypool - Carney Plunged Canada into Recession - CBC Attacks Poilievre Instead!

00:00:00.000 There is no intro to this video. I just want to cut to the chase and show you guys some of the

00:00:06.080 most frustrating liberal propaganda I have ever seen from the legacy media. And of course, it's

00:00:12.500 on our pal David Cochran's show on the CBC, his stupid panel show, Power and Politics, where 0.99

00:00:19.380 there's supposed to be a liberal NDP and conservative representative, but they're all 0.96

00:00:24.600 liberals, including the neutral host, David Cochran. They aren't even trying to come across

00:00:31.740 as fair and balanced here. They are just circling the wagons for the Mark Carney liberals,

00:00:37.320 deflecting criticism, lying for them, and redirecting criticism from the liberals

00:00:42.720 to the conservatives. It's so bad in this segment, the conservative panelist,

00:00:48.260 Fred DeLore, is attacking the conservatives for knowing what a recession is. We're just

00:00:54.240 going to get into it i'm not going to ask you to like the video or anything we're just watching it

00:00:57.940 this is your punishment for being alive and having a brain like me well there were a whole lot of

00:01:03.980 competing political messages this week on the true state of the canadian economy with the opposition

00:01:08.760 conservative seeking to redefine a technical recession as a full-blown recession no the media

00:01:15.940 has been the ones trying to redefine a recession into a technical recession this was even called

00:01:22.860 out by the former NDP leader Tom Mulcair the other day where he made fun of the fact that the

00:01:29.040 word technical has crab walked its way on screen and attached itself to the word recession to

00:01:35.860 soften the blow for Mark Carney. The conservatives are not like scheming to try and pull the wool

00:01:42.660 over Canadians eyes and like change the meaning of words so that they can smear the liberals.

00:01:47.720 They are literally using the dictionary definition of a recession, two quarters of negative growth.

00:01:54.800 But of course, David Cochran's not going to tell that to you.

00:01:58.220 He's too busy spinning for the liberals.

00:02:00.080 And he's in a second here going to say that they're trying to pin a blame on the liberals.

00:02:05.200 They are literally in charge.

00:02:06.900 Has this man never heard of the quote, the buck stops here from Harry Truman?

00:02:13.620 Mark Carney is the prime minister.

00:02:15.260 the buck stops with him this is nobody's fault but him he is the only g7 country leader with a

00:02:23.520 recession going on right now and he by his own standard has the best trade deal with the americans

00:02:29.600 and shouldn't be suffering this bad conservatives seeking to redefine a technical recession as a

00:02:35.280 full-blown recession and pin the blame for it on prime minister mark kearney canada's had two

00:02:41.440 consecutive quarters of shrinking GDP, the only country in the G20 that can say that.

00:02:45.820 Will the prime minister tell us whether we are in a recession or a technical recession?

00:02:51.580 What this government is doing is putting in place the foundations of an economy that will be

00:02:56.520 stronger, more resilient, more independent. The prime minister once again is failing the

00:03:02.580 Canadian people by refusing to tell them the truth that he caused a recession. The data is

00:03:08.160 going to be uneven. And, you know, we see some weakness. You have these cross currents as the

00:03:14.780 economy is being fundamentally transformed. We're going to continue to work. We're making progress,

00:03:19.220 but there's more to be done. Now, from just watching those clips from QP and the halls of

00:03:24.840 parliament, if you didn't have David Cochran poisoned the well before, you would have actually

00:03:30.260 probably concluded that all you have looked pretty good there. He's saying, hey, two quarters of

00:03:34.400 negative growth. That's the definition of a recession. Can the prime minister say if we're

00:03:38.600 in a recession or a technical recession? And the prime minister's answers are very indecisive.

00:03:44.460 They're kind of meandering, just kind of saying general, just generalities about how we're laying

00:03:50.380 the foundation. There's cross currents. He's unsure of himself. He kind of looks annoyed and

00:03:56.100 a bit nervous. But even though that would normally make Carney look bad, don't worry,

00:04:01.340 David Cochran is swinging into the rescue and making sure that before the audience saw those

00:04:07.140 clips, he has told you that the conservatives are trying to change the definition of a technical

00:04:12.620 recession to a full-blown recession, even though Polyev did not do that there. And then he says

00:04:17.420 to try and pin the blame on Mark Carney. And so if you're a legacy media viewer and you watch this

00:04:24.060 all the time, you've been set up, trained, and now think, oh, Polyev in the next clips is trying

00:04:30.120 to pin blame on Mark Carnegie. He's up to something nefarious. It's so obvious what David

00:04:36.960 Cochran is doing here. And now we're going to get into the point where he just does an infomercial

00:04:40.200 for the Liberals. But throughout the week, economists, the major banks, and the Bank of

00:04:44.900 Canada all pushed back on the notion that Canada is truly in a recession of any kind. And by the

00:04:49.660 end of the week, a new jobs report added some weight to that side of the debate. Statistics

00:04:54.360 Canada reported today that the Canadian economy added 88,000 jobs in May. The unemployment rate,

00:04:59.660 Well, it fell to 6.6% from 6.9%.

00:05:03.580 All this is annoying.

00:05:07.380 Okay, of course the major banks.

00:05:09.600 One, of course the Bank of Canada is going to agree with Mark Carney.

00:05:14.060 But all the leaders of all the major banks are saying that they don't think we're in a recession.

00:05:18.520 Yes, we're three years out from the next election.

00:05:21.280 All the major banks want a positive relationship with the Liberal government.

00:05:24.360 Are you going to be the bank executive who's going to slag them right now when you can kind of just squint and say, I'm not sure if we're in one yet? Of course, you're going to do that. It's good for business. Of course, if you're one of the institutes that gets some money from the liberal government or wants a positive relationship, you're going to kind of squint a little bit when looking at those at the GDP numbers and saying, yeah, well, they could be it could be like, you know, evaluated, estimated back up later.

00:05:52.700 Who knows? And then he brings up the job numbers. Oh, we added 88,000 jobs in May.

00:05:57.420 That's not impressive. We have FIFA in North America this year. So artificially, 24,000

00:06:03.440 more jobs were made this summer than would have usually been made. And then the rest of the jobs

00:06:10.140 in that 88,000 are mostly seasonal. People working road construction, home renovations in the summer,

00:06:16.420 building decks, people who are working in the food industry, hospitality, who do, you know,

00:06:23.180 boat tours. That is what we, that's what the 88,000 are. These are temporary roles. And this

00:06:30.020 wasn't like unexpected, but the media and the liberal party, but I repeat myself, are acting

00:06:35.480 like, oh, wow, what, what, what, what, what did Carney just do? He just created 88,000 jobs.

00:06:41.280 it's like I've never heard of the concept of summer and summer jobs. It's very obvious what's

00:06:48.320 happening here. We are having the summer seasonal working boom, just as we have a holiday seasonal

00:06:55.600 working boom later on in the year. Carney, before that happened last year, was like, oh, wow, I

00:07:00.620 created 150,000 jobs. What do you think about that? And then in January, we lost not only all

00:07:06.000 those seasonal jobs, but another like 40,000 permanent jobs on top of that. And of course,

00:07:11.300 the legacy media and Carney ignored all those numbers. They like to cite the big boom of

00:07:16.560 seasonal work, and then they don't actually notice the drop off that happens way later.

00:07:21.560 None of this, we're still negative in terms of jobs since the beginning of the year.

00:07:26.560 And really, it's easier to grow jobs after multiple months of losing jobs, because you get to recover

00:07:33.300 a little bit and then we recovered into the normal seasonal job boom so it looks like oh my goodness

00:07:38.820 stratospheric job growth no it's a little bit of recovery plus fifa plus the normal seasonal job

00:07:45.620 boom that is it april and today the cd how institute's business cycle council the unofficial

00:07:52.340 authority of what is or isn't a recession ruled it is too early to conclude that the canadian

00:07:57.300 economy is in a recession because the data doesn't meet the standard of a pronounced persistent and

00:08:02.260 and pervasive decline in real economic activity. Well, they're just, again, they're just squinting

00:08:08.980 to help the liberals. A pronounced persistent and pervasive decline. That usually means that

00:08:14.540 you can't just say one sector, hey, forestry is down, oh, we're in a recession. That would be

00:08:18.760 wrong. If tech's doing great, if oil and gas is doing great, but forestry's down, fishing's down,

00:08:24.840 you can't say it's a recession. So what a recession is, is nationally, two quarters of

00:08:31.420 negative GDP growth. That is what we've had. It's been persistent over two quarters. CD House

00:08:39.120 specifically says it just can't be over like a couple months because that could just be a shock

00:08:43.360 from a natural disaster or something like that. It has to be something that's been going on for a

00:08:48.300 while. This has been going on for a while. In fact, over the last four quarters, we've had three

00:08:53.660 negative growth quarters. That seems kind of persistent and pronounced. I don't know about

00:09:00.140 you i'm not an economist but at the very least i'm also not a liberal propagandist now against

00:09:05.500 the backdrop of that debate the government took some big decisions on big tech rolling back a

00:09:10.300 ruling to make streaming companies pay more for canadian content while rolling out a strategy

00:09:15.900 to deal with the opportunities and the threats presented by artificial intelligence

00:09:20.060 now on that streaming tax they rolled back the streaming tax after voting against a conservative

00:09:25.580 motion saying that we shouldn't triple the tax they voted against the motion to not triple it

00:09:31.420 then they had a little bit of pressure applied to them by donald trump after the recession

00:09:36.060 happened and then suddenly dominic leblanc ran down to washington and a couple days later they

00:09:40.940 scrapped the thing they left that context out i wonder why david cochran didn't mention that

00:09:46.860 it's almost like it doesn't make mark carney look very good and one more thing dominic leblanc he

00:09:51.420 He went to Washington to try to jolt those pesky Kuzma talks along.

00:09:54.640 So, lots and shoe over with our party insiders.

00:09:57.320 Greg McEachern is here.

00:09:58.400 He is a former liberal ministerial advisor.

00:10:00.660 Fred DeLore is a former conservative campaign manager.

00:10:03.860 For Erin O'Toole, that should always be mentioned.

00:10:06.080 He is a former campaign manager for the extremely liberal Erin O'Toole.

00:10:12.080 And Melanie Richet is a former communications director for the NDP.

00:10:16.420 With condolences to her.

00:10:17.960 Welcome to Business Week, you three.

00:10:20.140 Fred, I'll start with you on the big question.

00:10:22.840 Does Jalen Brunson need to score 30-plus again tonight for the next day?

00:10:26.280 All right, don't get garbage.

00:10:27.480 The 25-point lead is what you're saying. 0.59

00:10:29.240 Look, the debate all this week, this argument, no one is saying the economy is good, right?

00:10:35.120 Even the people on the government benches.

00:10:36.980 No, they are actually genuinely trying to claim the government is good.

00:10:40.320 David Cochran is artificially, he's lying, trying to make them sound very reasonable, sound very clear-eyed.

00:10:47.940 Every time the Conservatives ask about a recession, they just talk about, oh, it's actually fantastic.

00:10:52.420 We're sending out $500 checks to Canadians.

00:10:54.880 We just had 88,000 jobs created.

00:10:57.440 As if they invented the concept of summer and the fact that hot weather increases tourism, hotel stays, and food consumption.

00:11:06.620 Apparently, Mark Carney is God, and he has made all of the seasons and separated day from night.

00:11:13.320 My goodness.

00:11:13.900 But remember, again, Fred DeLore is the conservative on this panel, recognizes it's in a state of play that, you know, there's transition change and there's challenges.

00:11:23.500 How do you think this is resonating with voters, this argument over trying to say that Mark Carney caused all of this?

00:11:31.020 I think I said it last week, how it's dangerous politics to be going out here claiming the sky is falling when in a month's time or two months time when the next numbers come out, it shows that it isn't.

00:11:43.900 a week later we're here a week the job numbers are are better than they were last quarter uh we have

00:11:49.420 the cd howie who could have guessed why it's almost like fifa these seasonal jobs and a small

00:11:55.900 recovery who who could guess why the job numbers are up why are we playing dumb why is fred delori

00:12:02.300 playing dumb he's supposed to be the conservative on this panel polioff has never said the sky is

00:12:07.020 falling they keep hyperbolizing what car what polioff is saying he didn't even say full-blown 0.98

00:12:12.540 recession than the clips they played and david cochran accused him of trying to redefine a

00:12:16.620 technical recession to a full-blown recession now no doubt conservatives some mps have said that but

00:12:21.980 it's not exactly been the main narrative and he's not been arguing the sky's been falling he's been

00:12:27.020 arguing it's a recession because it's the dictionary definition of a recession i don't know how much

00:12:34.940 more carefully i could say that institute coming out and uh arguing another economist saying it's

00:12:41.020 not a recession uh and it's problematic when you choose to go down that road that polyev has chosen

00:12:46.380 to go down so aggressively um almost like he's rooting for a recession um i understand partisan

00:12:51.660 politics oh it's almost like yeah you had to say almost like because he's not doing that it's just 0.97

00:12:57.820 stupid media spin oh like polyev's talking down the canadian economy why does he why does he hate 1.00

00:13:03.340 canada so much by knowing the definition of what a recession is why can't he just be dumb like the 1.00

00:13:08.860 liberals and just completely just not know anything about economics why can't he just not 0.95

00:13:14.020 know what the definition of a recession is and cheer on mark carney very well i you know i'm a

00:13:19.660 tribal conservative i want to win the next election three years before an election screaming that the

00:13:24.240 sky is falling every week is not how you do it right good thing they're not doing that and he

00:13:29.680 keeps saying i'm a tribal conservative and i want to win and how like oh you know i'm focused on

00:13:34.160 winning the next election. Why did you lose so bad in 2021 then, Fred? Why did you and Aaron O'Toole

00:13:39.660 get completely stomped out in 2021 if you understand how voters think? Apparently, the way

00:13:46.280 you win is you take your foot off the gas and you let the liberals do whatever you want. And you sit

00:13:50.480 way back and you say, oh, I hope one day they let us be in government. But until then, we're just

00:13:55.320 going to keep, you know, clapping and like, you know, sounding like the sports trumpet things

00:14:00.940 is being like, yeah, go you guys.

00:14:03.300 Yeah, you make Canada's economy better

00:14:06.020 by dumping massive amounts of government money

00:14:08.240 all over the place.

00:14:09.440 Yeah, artificially stimulate the EV sector.

00:14:15.200 Yeah, do it, Carney.

00:14:16.800 So Mel, I wonder what your thoughts are

00:14:19.060 on how this is resonating or not,

00:14:20.780 if it is resonating with me.

00:14:22.380 We are not going to listen to her thoughts

00:14:24.120 because I don't care what a former NDP

00:14:25.840 communications person thinks.

00:14:27.740 We're going to jump over to an actual liberal.

00:14:30.440 old Greg McEachern, again, trying to spin this as somehow Polyev's issue.

00:14:35.800 What do you make of how this will get traction or won't get traction with voters out there?

00:14:40.040 Well, I don't think it's going to give traction to Pierre Polyev. So Fred said, you know,

00:14:44.320 going around acting like the sky is falling. That's one thing. But being gleeful and happy

00:14:50.340 that the sky is falling, which is kind of the vibe that he gave, especially.

00:14:53.740 kind of the vibe when where now i've seen him probably grin a little bit in some of these

00:15:00.940 press conferences but has nothing to do with the actual recession it's always about the media

00:15:06.200 trying to fight with him and make like ridiculous arguments to him and he kind of gets that like 0.97

00:15:09.700 you know like absurdist kind of look on his face of like experiencing the dumbest thing ever said 0.94

00:15:15.520 to him no the me these guys keep saying oh he seems gleeful it's almost like he's this it's 0.60

00:15:22.140 kind of like he's that he's not that like show me where he's actually doing that but again they're 0.95

00:15:29.480 just hoping if you're at home and watching this segment you're just dumb enough to assume that

00:15:33.760 whatever they're saying there's a citation for it somewhere when there's none in question period

00:15:38.360 not a great thing so is following falling that's one thing but being gleeful and happy that the

00:15:44.720 sky is falling which is kind of the vibe that he gave especially in question period not a great

00:15:49.460 thing so he said that a week ago today that the it was a full-blown recession i think he forgot to

00:15:55.780 tell the labor market and if he's blaming the prime minister oh he forgot to tell the labor

00:16:00.340 market that because because we're going great guns out there guys we just created 88 000 seasonal

00:16:05.300 jobs and that's really the economic power of mark carney i i removed all the seasonal areas that the

00:16:10.820 jobs were created in there has been 6 000 jobs made in non-seasonal sectors and with construction

00:16:16.260 Let's even just assume that 5,000, 6,000 of those are going to be permanent, even though usually if they're all being added on in the month of May, it's because they're seasonal.

00:16:25.880 So, okay, we've had 12,000 permanent year, like all year jobs have been created.

00:16:32.180 That's not great.

00:16:34.100 The seasonal bump does not make an economy.

00:16:37.580 It happens every year and it goes back down every single year.

00:16:40.660 Mr. For what he says is a full-blown recession. Is he also going to give him credit for the 88,000

00:16:46.660 jobs? Highly, highly doubtful. He shouldn't. Again, does Carney deserve credit for inventing

00:16:53.320 summer? So for somebody that said his economic credentials were better than Mark Carney's,

00:16:58.480 he is not burnishing them with this, these actions and how he's handling it. On Wednesday,

00:17:05.360 he's been complaining that he wants the prime minister to be in the house more. So during

00:17:10.620 In Wednesday's question period, Pierre Polyev repeated again and again the same question.

00:17:15.740 Is it a full-blown recession or is it technical?

00:17:18.400 Well, wait, you told us, Mr. Polyev, on Friday that it was a full-blown recession.

00:17:22.860 So this is what, I can't use the word that John Turner called it, but baloney theater is what John Turner used to call question period.

00:17:29.840 And here's a ripe example of it.

00:17:31.700 and after a little he asked him the same question over and over again because mark carney wouldn't

00:17:37.340 even utter the word recession and argue whether it was one or not that's what paulia was trying

00:17:42.900 to get him to do and the whole point is that you ask the same question over and over again

00:17:48.000 sometimes to make a point that he's unwilling to actually acknowledge it but it's just such a weird

00:17:54.720 way of framing the role of the opposition. That effectively, the opposition should be

00:18:01.220 there to give fake pushback, slight pushback, and then just support the government.

00:18:06.900 Pierre Polyev repeated again and again the same question. Is it a full-blown

00:18:10.480 recession or is it technical? Well, wait, you told us, Mr. Polyev, on Friday that it was a

00:18:15.760 full-blown recession. So this is what... It is a full-blown recession. It's a recession. It is

00:18:20.480 the definition of a recession. And he's basically saying, well, if Polyev is going to ask him the

00:18:26.240 same question over and over again on Wednesday, McCartney shouldn't have to show up to the House

00:18:31.540 of Commons for this. Really? We're going to justify the prime minister not being available

00:18:38.580 because the opposition leader on Wednesday asked him the same question over and over again, which

00:18:43.640 he refused to answer every single time dude just i know he's the liberal on the panel but be a

00:18:51.340 little bit less of a hack so we're justifying carney literally only showing up to the house

00:18:57.360 of commons 26 of the time that's unacceptable who cares if your opposition leader was always

00:19:03.440 asking you the same question start making fun of him for start asking the same question if you're

00:19:08.060 so in the right. I can't use the word that John Turner called it but baloney theater is what John

00:19:14.420 Turner used to call question period and here's a ripe example of it and after a little while like

00:19:19.380 I think the prime minister was just thinking like this is this is kind of useless but what I was

00:19:24.360 also thinking about watching the faces behind Mr. Polyev is yeah there are people that are hurting

00:19:29.440 out there and the people that represent those people are on all sides of the house some of

00:19:34.020 them are sitting behind polyev and they would probably like to ask have some real questions

00:19:39.020 asked like there is places where they could go i know the prime minister is frustrated by

00:19:43.460 uh the the money not going out the door fast enough there are there's housing money that

00:19:48.660 the provinces could be sending there are places for them to go after but playing a game of

00:19:53.520 technical versus full-blown i don't think can he again in those segments polyev never even said

00:19:58.920 full-blown he just kept saying is it a recession or a technical recession but we've now moved the

00:20:03.600 goalposts to that he said technical or full-blown like he was just like like is it is it a technical

00:20:09.720 recession or is it literally armageddon that's not what paulia was saying he knows that's not

00:20:14.560 what he was saying and he's even somewhat tacitly admitting here the prime minister knows that the

00:20:19.860 economy is not doing as well as it could because a lot of his subsidy plans are frankly just

00:20:25.960 sluggish they don't send the money to the right places government is slow and burns a lot of the

00:20:31.760 money that could be used on real things for bureaucracy and just following regulations.

00:20:37.760 So even he kind of in the back of his mind understands the economy isn't in a fantastic

00:20:42.620 place, but we're going to keep citing, oh my goodness, we had 88,000 jobs created. So shut up. 0.95

00:20:48.040 Indians really care. Yeah. Campbell Clark had a good column in the Globe and Mail today about 1.00

00:20:51.860 how Carney has transformed how the government politically is operating and policy is operating,

00:20:56.960 but not the machinery. It hasn't transformed the economy yet. And, you know, Fred, you know,

00:21:02.880 the prime minister and others will point to wage growth in the country being higher than inflation.

00:21:06.660 And that's broadly true for the top 60 percent of earners, not for the bottom 40 percent of earners.

00:21:11.880 So there's still like a real affordability crunch there. But when you still have those challenges

00:21:16.280 and an acknowledgement that the economy is struggling and you're the opposition and you see

00:21:20.760 like the Leger poll this week, liberals of 50 percent of decided voters, you know, more and more

00:21:25.160 canadians think they're on the right track i mean how do you how do you calculate a response to

00:21:31.100 that it's incredibly challenging you keeping it can i just say the legé poll is not very good

00:21:37.800 the legé poll shows in british columbia as an example at the same time liaison and other pollsters

00:21:44.240 are showing the liberals leading by six or seven or even the latest liaison poll in their british

00:21:49.040 columbia sample actually shows the conservatives leading by two mainly because the ndp is chipping

00:21:53.560 way at the liberals quite a bit liaison at the sorry legge at the same time was showing a plus

00:21:58.560 28 liberal lead in in british columbia i'm sorry i think not but we keep using these polls to

00:22:06.360 demonstrate an error of inevitability to the liberals oh you're watching at home you should

00:22:09.900 better just vote for them because they're going to win anyways and also polyev's kind of he's kind

00:22:14.380 of a terrible person when you think about it because we've had even the conservative on panel

00:22:18.380 is saying that he's trying to convince you the sky's falling and and it's not even though he

00:22:23.160 didn't do any of those things but well what do i know i'm not a hacky tv panelist mind we had a

00:22:29.420 very very unpopular trudeau government yeah that was replaced by a new carny government and as a

00:22:35.780 conservative we could sit here and say oh still liberal same old liberals same cabinet same staff

00:22:40.680 canadians aren't looking at it that way they see carny as a new player because he wasn't involved

00:22:45.440 in the trudeau era and why would some canadians still see them as a new government when we still

00:22:51.420 When we have the legacy media giving us such objective coverage like this, it's acting as if because something has not stuck yet, that it means it's not worth doing.

00:23:01.480 It is absolutely worth it for Piropolev to go after the liberals and point out how a lot of the things that they're doing don't work, and they're the same things that haven't been working for 11 years.

00:23:13.760 Is that now a bad thing to do because some pollsters now show the liberals leaning massively?

00:23:18.960 is it bad because some people believe the liberals if someone believes a lie are you

00:23:24.600 supposed to adapt yourself to that lie and just start believing it yourself and agree with them

00:23:29.840 and he's got a very different um approach than trudeau it is functioning very differently it's

00:23:35.960 completely true look many have said this is and myself included this is very much like a pc

00:23:41.880 government it's almost like the pcs are in government uh federally with cardi and how

00:23:45.740 his approach and his whole mantra, his whole purpose, his whole narrative is to build and

00:23:51.160 to get stuff done. Oh, wow. He says we should build and get stuff done. He's like an old

00:23:57.500 progressive conservative like Brian Mulroney. That's why he has things like the clean fuel

00:24:02.900 standard and his pipeline deal with Alberta effectively just says we're not building a

00:24:07.280 pipeline because you're going to have to jump through these impossible hoops. What an old

00:24:13.240 style Brian Mulroney kind of conservative what like a what like a John Diefenbaker kind of a

00:24:20.220 conservative he's not I this drives me up a wall we keep looking at Carney's style the fact that

00:24:27.880 he wears suits and he doesn't clown around like Justin Trudeau and we're like oh my goodness what

00:24:32.560 a what a conservative he is no do you guys see what he actually does in his policies it's stimulus

00:24:40.660 nonsense. It's subsidies. It's grants. It's all of this just government-driven growth. And it's

00:24:49.120 not even growing the economy. Two months, sorry, two quarters straight of negative growth. When

00:24:55.540 does the conservatism kick in? I, in fact, want the conservatives to be even more conservative.

00:25:01.460 I don't want them to just run against the industrial carbon tax and have this capital

00:25:06.340 gain scheme where if you sell some stocks, but you reinvest it in Canadian businesses that you

00:25:12.540 basically don't get taxed, just run on an across the board tax cut. Keep it simple, sweetie. 20%

00:25:19.820 across the board tax cut, including a point off the GST. And yeah, you can eliminate the

00:25:25.220 industrial carbon tax too. Go for it. The more the merrier. I think that the conservatives should

00:25:30.260 be more conservative. But to argue that the liberals are conservative under Mark Carney

00:25:35.360 is absurd and it's just fred delori again trying to propagandize like ontario pc voters into voting

00:25:42.320 for the liberals basically telling people who aren't paying that much attention oh if you're

00:25:47.360 an old pc voter from the 80s you you're comfortable with carney i'm telling you you should vote for

00:25:52.560 them you'll be you'll do it'll be great the whole thing is just so blatant in the propaganda it's

00:26:00.960 not a balanced show the the hosts are liberal all the panelists are liberal what's and we get to pay

00:26:08.000 for this as taxpayers and i cannot stand people just looking at this seasonal job bump and just

00:26:16.080 acting completely credulous that oh my goodness mark carney did all this like every time now that 1.00

00:26:23.040 the conservatives bring up the recession we're just going to have both idiots in the liberal 1.00

00:26:27.200 party and idiots online just going well you didn't see that 80 000 jobs 88 000 jobs were created in 1.00

00:26:34.880 the month of may the conservatives are talking down the canadian economy while mark carney is 0.99

00:26:40.000 creating jobs he's creating jobs people people have never thought of selling hot dogs outside

00:26:47.280 in the summer until mark carney came around we never thought of going on trips and and building

00:26:53.200 decks during the summer until Mark Carney came around. He led us into this. He convinced us it

00:26:58.080 was a great idea to employ people in seasonal work in the summer. I hope that the Conservative

00:27:05.120 Party releases ads and videos and graphics explaining that this happens pretty much every

00:27:10.180 year. Have we had Mays where we had jobs go down? Sure. It was usually in really bad years of COVID

00:27:16.140 or like right when the right when the first tariff threats hit. But that was it. Typically,

00:27:22.760 back in the Harper era in the early 2010s, you would have 50,000 jobs created in the month of

00:27:28.760 May. And that was back when we have a far lower population, like 36,000, 37,000, sorry, 36,000,

00:27:35.340 37 million people instead of 40 million. We were growing at 50,000. And that was without FIFA.

00:27:41.460 If you add a FIFA on it, it's effectively the same numbers we have now.

00:27:45.220 And those were usually good job numbers in May after Harper had good job numbers for the entirety of the year up to that point.

00:27:55.340 It was positive all the way through, and then May he got an even bigger bump.

00:27:59.860 Carney has been going down, down, a little bit up, down, down, and then he gets a big one partly based on a recovery and mostly just on seasonal jobs.

00:28:07.940 And we act like he's some sort of financial wizard. 0.91

00:28:10.320 It's ridiculous.

00:28:12.340 Anyways, with all that being said,

00:28:14.960 thank you for surviving along this video with me.

00:28:17.880 Now I can do my plugs.

00:28:19.600 If you like the channel, make sure to leave a like on the video,

00:28:22.580 subscribe if you're not yet a subscriber,

00:28:24.580 and consider becoming a member and supporting me ranting about nonsense

00:28:28.380 by hitting the join button below the video

00:28:30.500 and becoming a monthly contributing member.

00:28:33.220 It really does help make the channel more sustainable for me

00:28:35.780 and allows me to be less reliant on the YouTube algorithm.

00:28:38.600 them. It was like the last video I made where on the whiteboard, I was explaining all of the

00:28:43.160 seasonal areas that those 88,000 jobs are coming from. Naturally, it's not a video that YouTube's

00:28:48.620 going to promote a lot or some people just skip over it because they're like, I don't care about

00:28:52.040 hearing about economics. That's boring. I want to hear about like, you know, Carney getting kicked

00:28:55.740 in the face or something. I know it's not as exciting, but it's important. Those ones don't

00:29:00.340 do it as well. But members, you know, giving a few dollars a month really does help make it so that

00:29:05.340 I know I'm going to get less views on a video, but it's important to cover and I'm not stressing

00:29:10.260 out that the revenues are going to be lower from me making that one video. Anyways, with all that

00:29:16.400 being said, thank you guys for watching and I'll see you all later.

The National Telegraph - Wyatt Claypool - June 06, 2026

Carney Plunged Canada into Recession - CBC Attacks Poilievre Instead!

Episode Stats

Summary

Transcript