Carney's BIG $90 Billion Scandal - Finance Minister FAKE has MAJOR conflict of interest!
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Summary
A Liberal corruption scandal involving Canada's Finance Minister and the Alto High-Speed Train Project has the entire country on edge of a panic attack. The scandal involves the fact that the Finance Minister failed to disclose that he had a massive conflict of interest with the project. And now he's trying to claim that he recused himself from the project from the beginning, but that's not actually true.
Transcript
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Hey guys, Wyatt Claypool here, and welcome back to the National Telegraph YouTube channel.
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These days I've been learning to take comfort in liberal corruption. When you think about it,
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every time you wake up in the morning and the liberals are still being corrupt,
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it means that the fabric of reality is intact. If you woke up one day and the liberals weren't
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being corrupt, you should be very worried because it would indicate that reality has a major gas
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leak going on. But enough with the jokes, let's talk about the new liberal corruption scandal
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involving the finance minister and the Alto train project. Right off the bat, this is a massive gift
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to Pierre Polyev and the Conservatives. They were already opposing the Alto train project because of
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the price tag. The price tag for a train going from Toronto to Quebec City with only five stops
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along the way is $90 billion. Yes, the Liberal government will not get bad regulations out of
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the way of a pipeline being built, but they will throw $90 billion at a train that's not actually
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going to service that many people, that's going to cost an absurd amount of money, a larger amount
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of money than this year's entire deficit. Now, that's not all being paid at once. Obviously,
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gets paid over time but the fact anyone approved this is insane but now it's not the problem with
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the train project is not just that it's a massive boondoggle that's going to cost too much it's that
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the finance minister did not disclose he has a massive conflict of interest with the project
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you see Francois-Philippe Champagne Canada's finance minister has a wife and that wife is the
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vice president of environment at alto and now it's funny to me that it's the vice president
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of environment because that sounds like a fake made-up job that they gave her just so that she
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would have like a interest in the project and her husband would have an interest in giving it money
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but we'll get to some of the details in just a second here before we get into more of the details
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Anyways, let's get into this. It is a wild ride. So one of the first people who was talking about
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this issue was David at the channel Moose on the Loose. He is always really good at hunting down
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leads on liberal corruption. And here on X, he says, Francois-Philippe Champagne recuses himself
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from the Alto high speed train project. Wife, Anne-Marie Gaudet, is vice president of environment
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at Alto. The finance minister was overseeing billions from the very company his partner helps
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lead. Champagne forced into a total recusal from the Alto project after the story blew up.
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This happens right as he returns from chasing investment in China. Now, Rick Perkins, who is a
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former Conservative MP, I believe running again to try and recapture his riding in Nova Scotia,
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then commented on this and says, he introduced the budget and spending estimates and voted for
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them when the estimates allocated $597 million alone this year to Aalto directly, where his
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partner is an executive. This is one of the biggest ethical breaches so far in 11 years of
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liberals. And yeah, this is absolutely insane that this happened without anyone's knowledge until
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now. And now he's trying to claim that he recused himself from the beginning, but that's not actually
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true. In fact, as the conservatives have been pointing out, he actually, nobody knew he recused
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himself back in September, and the ethics commissioner doesn't even know he did it
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because he didn't do it. He's just retroactively pretending that he recused himself, even though
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he then later introduced the budget with the $90 billion budget over a long period of time
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for the train. It's just like insanity. So Conservative MP Michael Barrett here says,
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the finance minister claims he recused himself, but the ethics commissioner seems to have no
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record of it. We need to get to the bottom of this. And here this article says, finance minister
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recuses himself from Ottawa's high-speed rail project. Subhead here says, finance minister
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Francois-Philippe Champagne, has been unable to participate in decisions related to the federal
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government's proposed high-speed rail line after setting up an ethics screen last year due to his
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partner's ties to the Crown Corporation behind the project. So yeah, that's a bit of a problem.
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It would already be a problem in terms of him not recusing himself because he still voted on
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elements of the budget involving this. He still championed the budget involving this and didn't
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publicly disclose it. And his claim that he recused himself back in September is not correct.
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He didn't. They have no record of it. It should have been very obvious. He should have announced
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it ahead of time. Because one could say a $90 billion project that this year alone is going
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to have more than half a billion go towards it should be something that you're very vocal about
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trying to distance yourself from. Now, here's the thing with conflicts of interest. A conflict of
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interest shouldn't prevent you from being allowed to be in government. A conflict of interest is a
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problem that you have to resolve. You can have business conflicts of interest, as many people
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have in the past. Nigel Wright, the former chief of staff to Stephen Harper, had a big conflict of
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interest when it came to aviation, especially for military purposes. I believe he used to be on a
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board of a company that made jets and whatnot. But whenever that issue around jet, like the
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procurement of jet aircraft and whatnot came up in the conservative government, he very publicly
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said, I am not in the room about this stuff. I will not hear anything about it. I will be
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basically 10 miles away from anything involving this. And this wasn't something like, all of a
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sudden, the Harper government was looking to procure jets, and it just so happened to be
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involving his company. I think it didn't even end up involving the company he used to be on the board
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with. And the media, even at the time, because of course, it's the liberal media, were criticizing
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him for being in the dark about all these decisions being made and he should step down
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from this conflict of interest even though he did everything right to deal with it philippe champagne
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has not and now we are going to be getting to mark carney trying to kind of kick out of this issue
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because he really wants to have uh he really wants to basically just say that the issue is gone he
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has recused himself and that's it but he doesn't actually want to repair the timeline and explain
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how this isn't a massive problem considering that they have no record of him recusing himself
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previously. It's only come up now that Polyev and the conservatives have put a bunch of attention on
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it by opposing the project and people dug more into it and found out his wife was on the executive
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team who very sneakily, and I'm not saying that this means something, but they knew that they
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could kind of hide in plain sight because she doesn't share the same last name as him. But here
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is him responding to a reporter in French about the issue and then I'm going to get to an English
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one in a second here on a different subject how can you guarantee that there's no conflict of
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interest between your minister of finance and alto when his wife is part of that organization
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thank you for your question first of all i think it's important to begin
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in by talking about one reality, the minister, Ms. Minister, whoever the minister is, ministers
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have spouses, have partners, and they have careers as well. They're individuals in their
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own right. So we need a system that allows people to carry on those professions.
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And we do have a conflict of interest policy in place.
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So I just want to basically make it very clear what we already know here.
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He basically said, well, we don't want to screen out people from being able to work for the government
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just because they've had previous careers somewhere or because they have a spouse that works somewhere else.
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He didn't actually come out publicly and mention that he has this conflict of interest.
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it wasn't included in his conflict of interest screening previously the ethics commissioner has
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no record of it but now let's get him to trying to justify that somehow champagne has been acting
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above board in place mr champagne has always followed all the rules in relation to that
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situation he did it in the past by dealing with the ethics commission so there are rules in place
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he is following those rules and really it's quite simple when it comes to alto this is an exciting
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project for ontario and for quebec and canada so guys ignore the fact that there's an obviously
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a conflict of interest here that wasn't resolved like he says he's been following all the rules
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ethics commissioner says otherwise they have no record of him actually disclosing this back in
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september but it's an exciting project guys aren't you excited don't you not care about liberal
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corruption for boondoggle projects when there's excitement in the air? This is another thing going
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on right now with the highway that they want to build. I forget what the start point is, but
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they're building a $900 million highway into Nunavut in order to service mines owned by China.
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Except it's an exciting project, guys. Stop thinking about all the conflict of interest
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and foreign interests that are involved in that project being pushed ahead, because it's extremely
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exciting. At the same time, the liberal government won't take its foot off the neck of the oil and
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gas industry to make the private sector incentivized to building a pipeline. They'll throw $90 billion
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at a train that probably we don't actually need, especially for that price tag. You know, obviously,
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if it costs $5 to make, if it costs maybe, let's say, $15 billion to make, maybe I would say yes.
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Maybe that's a fine project. Maybe $20 billion, $30 billion. Maybe it'd be a fine project. There
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is value in the long run by building it. But we can't even put any money towards a pipeline project
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that is guaranteed to make money. In fact, the liberals are moving heaven and earth to not
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deregulate in such a way that a private company would fund it itself. A private company would
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fund that pipeline if there was a profit incentive to do so. And it's not because there's no profit
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incentive in oil and gas. It's because the policies and taxes, the regulations and taxes,
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because it makes it very difficult to make money
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with that pipeline, whereas you can build pipelines
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dollars of gdp english uh okay how do you get that out of that so we're going to spend 90 billion
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dollars to create 50 000 fake jobs and gain 35 billion in our gdp are they saying like yearly
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that would add 35 billion to our gdp that train line i don't think that's right i think he's
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saying total it would make 35 billion maybe he's saying on net we would gain 35 billion in gdp from
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This would be like just building bridges to nowhere
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and saying that, well, technically it will generate
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It's like, no doubt there's gonna be a lot of companies
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because the government's just throwing money at them
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which is why the government is giving more money
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than this train project my goodness um the um well the first thing to say is that uh
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here's the english answer here so he's gotten to refine his answer since he rambled in french
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whatever minister um uh hopefully uh they will have a partner um and that partner will have a
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job they'll have a career and it's important that we have a system that those individuals
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Sorry, I actually disagree, 100% disagree that Vice President of Environment at Alto
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counts as some sort of passion or career that we want someone supposed to keep pursuing
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That sounds like a fake job that we don't actually need.
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You wonder why our country has such a big deficit and we have crown corporations
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like a minister's foot in the door with that company.
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It sounds like the company wants to have a relationship
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have a stupid fake made up job that is not needed.
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Just my suspicion here, maybe I'm being conspiratorial.
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uh their rules uh their regulations uh and uh the minister uh minister of finance has followed those
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rules and regulations uh with uh in notification of the ethics uh commissioner in recusing himself
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uh from uh dealings with respect to uh alto um and i'll just finish by observing the problem is
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the timeline does the timeline make sense he can recuse himself now and he could say he's followed
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his obligation to recuse himself but he already included the 90 billion dollar project in the
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budget he already gave them a bunch of money in the budget he already voted for that the budget
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and did not recuse himself from it that's the problem you can't just like retroactively post
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hoc recuse yourself after you've already engaged in the conflict of interest and corruption like
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my goodness uh that this is uh this is a good situation because we have a partner who can
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pursue her career the minister of finance who can do his responsibilities we have lots of other
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ministers who can take on their responsibilities and we have a project that's going to contribute
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more than 35 billion to our economy and create more than 50 000 jobs good for ontario good for
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quebec good for canada apparently it's guys it's a love story he has a partner isn't that great
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that francois philippe champagne like the canadian version of matthew broderick from quebec isn't it
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great that he has a wife and that she has a job i'm like i don't care how about they both how
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about they how would they both go work at alto and he resigns his ministry that would be a that
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would be a solution this or she could quit her job that's another solution to this the problem
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here is that trust has been broken you can't repair it after the fact that you gave the money
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but what do i know guys what do i know i don't understand about nation building projects or
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whatever uh so here is this is an absolute slam dunk issue for the conservatives it's so obvious
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how great this is for peer poly because he already had a good point in opposing the project for the
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cost issue and now he can oppose it for a corruption issue as well now we have here
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peer poly of saying the liberal finance minister claims he accused himself in september 2025
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of the 90 billion dollar alto project for which his wife is the vice president of environment he
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should have included yet here he is promoting the project in senate testimony six months later
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and here he is voting for it in the house of commons there it is in the budget he presented
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and there is no recusal record of the ethics on the ethics commissioner's website nothing adds up
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90 billion is at stake tell the truth minister and he includes this video that the conservative
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yeah uh that's bad because i was wondering like maybe he would have to recuse himself
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from the entire budget because something is in there that he shouldn't be able to vote for and
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so he has to kind of like back off a little bit he literally voted against removing it from the
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budget to then be voted on separately because then he wouldn't be able to help sort of shepherd it
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across the finish line in sort of this like pork barrel style budget where they include a bunch of
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goodies within it i know that is how budgets work you have all your spending things in it
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at like at once like this is a project that it's so big should probably have its own like alto train
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act or something like that where everyone can actually see the pluses and minuses in it and
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vote on it whereas the liberals when they include in the budget they get to hide behind like oh my
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goodness the conservatives are voting against health care by voting against this budget that
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by the way is like one of my biggest pet peeves every time like you oppose overspending as a
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conservative and some liberal comes out and says oh so you want little billy to not get his health
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care you want to push a grandmother down the stairs don't you it's like no this is like if
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you ever watch those shows like dave ramsey or like caleb hammer he has all those like zoomers
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who have massive debt problems onto his financial audit show on youtube funny show sometimes a bit
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vulgar so you i'd like be careful of watching it i guess but like there's all these like zoomers
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usually very woke individuals who just don't seem to have a concept for saving money. And they have
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this very like relativistic kind of idea that, well, if it makes me happy, who cares if I'm in
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debt? That's what the liberals are like dealing with. On that show, constantly, Caleb is asking
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these kind of young people about like, well, you know, you need to be able to spend less. You had
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to get your spending under control if you want to be able to cut down on your debt. And so often
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the person's like, oh, so you're saying I shouldn't be able to have food? It's like, well, no, just
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stop eating out every day. Stop going to Sephora every week. Stop buying stuff you don't need on
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Amazon. That's what the liberals are like every time you talk about too much spending. They're
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like, so you think that I shouldn't be able to eat? You think that Billy shouldn't have health
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care? It's like, no, we just don't need DEI departments in our health care system. We don't
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need this massive HR bureaucracy and administrators that don't do anything. So you think Billy
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shouldn't get a surgery well i'm just going to go and tell billy right now we're going to call off
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the surgery because we need to save a dollar i'm like yeah but not from there it'd be like if you
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had a household budget problem and you know like you're the wife talking to her husband of like
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how we need to cut down on too much spending he's like so you think that we shouldn't feed the
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children you're like no stop buying luxury cars that's what i'm saying anyways i i've rambled
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enough but we'll get to the rest of the video here
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The Minister, Minister of Finance, has followed those rules and regulations with notification
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of the Ethics Commissioner in recusing himself from dealings with respect to Alto.
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Yeah, so this is going to be a massive payday for the Conservatives in terms of cashing
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Again, already a good idea to oppose this boondoggle of a project.
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even better when it involves liberal corruption. So this is going to do great things for the
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Conservatives. But before I end this video, I actually want to talk a little bit about why
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the Quebec by-election, the Terrebonne riding, matters so much. Because this was a post by
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Shrey Attiste, who's a really good polling analyst in Canada. He's actually only 17 years old.
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Here it is on screen. He made this post saying, there's a significant chance that the Bloc
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Capacqua will take back Terrebonne, but I don't think it even matters at this point. Now, I really
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respect Shreya Teest's takes. This is one where I actually disagreed with it, but I thought he was
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just a good foil to base my own take off of here. I think it's actually really necessary that the
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Liberals win Terrebonne. Now, obviously, I want them to lose, but from their perspective, they
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really need to win it for the purpose I'm saying right here. In my post in response to Shreya Teest,
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I said, the bloc winning Tarabon matters a lot for the appearance of Mark Carney. If he has a
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bare majority that relies on the votes of Michael Ma or people with conflicts of interest on policy
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like Minister Champagne, it will dog the liberals until the next election. Plays into Pierre
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Polyev's corrupt majority line. And now this Alto train thing matters a lot because in, I think,
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the end of April or like, I think it's actually April 18th or something like that, we are going
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to have three by-elections, one in Scarborough Southwest, one in University Rosedale, and one
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in Terrebonne. Now, the liberals are easily going to win Scarborough Southwest and University
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Rosedale. These are liberal ridings through and through. The only time where University Rosedale
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was ever won by somebody else was when the liberals almost collapsed in 2011, and the Jack
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Layton NDP won it for a single term. Scarborough Southwest has never been won by anyone but a
00:21:59.560
liberal, I believe, in like three decades. Those are going liberal. The problem, though, is if they
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take those two and not Terrebonne, and Terrebonne flips over to the Bloc Québécois, which seems
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actually pretty, you know, it's like probably a 50-50 at this point, that means every vote that
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the liberals pass with their bare majority relies on the votes of Michael Ma, people like Minister
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Champagne, and any other liberal that has a scandal. Mark Carney wants a bit of a margin,
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because then he can kind of have plausible deniability that he doesn't stop passing stuff
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with CCP puppet Michael Ma or corrupt finance minister Philippe Champagne. He has a big enough
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majority. Those votes don't matter. If he doesn't win Terrebonne, it matters a lot. And in fact,
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if you didn't know, the Liberals are probably going to lose another seat soon because Nate
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Erskine-Smith, wanting to run for the Ontario Liberal leadership, is going to be trying to
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replace Dolly Begum, who was a former NDP MPP, who stepped down from her seat provincially to
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then run for the Liberals federally to replace Bill Blair in Scarborough South. Now, right now,
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Nate Erskine-Smith is fighting hard for the Ontario Provincial Liberal nomination for the
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Scarborough Southwest seat. I assume he's going to take it. He's a very politically experienced
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individual. He came second to Bonnie Crombie in the last Ontario Liberal leadership race.
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there's some conflicts going on with him being really nasty to the other candidates running for
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that nomination but that's another story for another day the problem though is not only will
00:23:29.980
the liberals temporarily lose that seat once erskine smith takes the riding but i'm not sure
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if you know this but the ndp federally under avi lewis no matter how useless that guy is
00:23:43.120
he might be able to win that riding because although that's been a long time ndp riding it
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has, sorry, liberal writing, it has sometimes been won by the NDP, like maybe like 15 years ago.
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And before that, they may have had it 20 years ago. Every once in a while, there's an orange blip.
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But Avi Lewis actually polls well in this area. It's been a while since this polling was done.
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But Main Street research, so I'll show you the polling, because I think they have released the
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results themselves at this point, so I'm not spoiling anything. Main Street right now shows
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With all voters in Beaches, East York, which is Nate Erskine-Smith's writing, if he leaves, becomes an Ontario Liberal politician provincially and wins, he would then vacate his Beaches, East York seat.
00:24:29.140
And Avi Lewis, if he runs there, actually has a slight advantage over the Liberals.
00:24:36.220
But if you just ratchet it down to decided voters, he actually wins right now 43% to the Liberals' 39%.
00:24:43.840
percent that's pretty bad for the liberals losing one of the progressive progressive seats of the
00:24:50.440
gta to the ndp and potentially starting a cascade effect where more progressive voters are going to
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flock over to the avi lewis ndp because they feel like they have momentum beaches east york is a
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progressive progressive riding like there are what i would call like liberal progressive ridings like
00:25:06.860
university rosedale is liberal progressive a lot of business professionals people who describe
00:25:37.920
being said, thank you guys for watching the show.
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