The National Telegraph - Wyatt Claypool - Carney's surrender on trade has put Liberals on shaky ground!

00:00:00.000 Hey guys, Wyatt Claypool here. Remember when Prime Minister Mark Carney was supposed to be a master

00:00:06.780 negotiator? Hepbridge Farms remembers, and I remember too. Remember during the campaign,

00:00:13.660 he made a big point of the fact that he's dealt with men like Donald Trump before?

00:00:18.820 No, he has not. Not in any way. In fact, a lot of his business success, Mark Carney's,

00:00:24.560 has been pretty much faked. Brookfield Asset Management is not a successful business because

00:00:29.980 Mark Carney is a shark. It's successful because it feeds off of government subsidies, grants,

00:00:35.360 and tax breaks. It does not actually invest in a lot of lucrative areas of the economy.

00:00:40.260 It tends to invest in a lot of government-involved areas of the economy. But we have to talk about

00:00:46.380 the reaction to the capitulation of the Liberal government to Trump's administration. We could

00:00:53.060 have had a win-win come out of all of this. I've never wanted Canada to be weak. I've never wanted

00:00:58.820 Canada to just give in on everything. But what I wanted Canada to do, and this is not what Carney

00:01:05.160 and his trade lead, Dominic LeBlanc, were doing, is I wanted them to actually negotiate. We did not.

00:01:11.860 We just looked weak the entire time. We put nothing on the table to offer to try and get to low tariffs.

00:01:17.280 We threatened nothing. We just kind of farted around a lot, put in place a digital services tax and

00:01:22.640 rescinded it. We tariffed a bunch of their USMCA-compliant goods and basically apologized and rescinded it like a

00:01:28.140 month later. We've just been fooling around and maneuvering ourselves into a position where we

00:01:33.600 were going to take a massive loss and give Trump a win. Again, could have been win-win. But in this

00:01:39.760 video today, I want to go over some of the reactions to what's happened. Notably, the parliamentary

00:01:46.600 exchange between Conservative Party leader Pierre Polyev and Mark Carney himself, who is completely

00:01:52.560 unhinged. He starts yelling. He tries to take a counterpunch at Polyev. It is just not working 0.97

00:02:00.200 because you can tell Carney knows he is entirely in the wrong and he's very uncomfortable.

00:02:04.780 And then I also wanted to show a clip from CPAC where former Alberta Premier Jason Kenney,

00:02:10.740 and although I know he messed up a lot on COVID, I always still kind of like him. He does a really

00:02:15.900 good job of breaking down the fake win that the Liberals are trying to pull out of this situation.

00:02:21.800 There's no win here. You cannot take a half W out of a full L. This is a full loss for them,

00:02:28.440 and they should not be allowed to run away from it. This is also, by the way, going to do wonders

00:02:33.660 for the NDP because as unhinged as the NDP are, well, they can now pick up the unhinged section of the

00:02:41.080 Liberal Party who still wants to be elbows up and they think that Carney is betraying them.

00:02:45.940 I haven't checked in on Laura Babcock yet. We should probably do some sort of wellness check for her. 1.00

00:02:51.900 But I'm wondering if she's either justifying what Carney's doing or she's acting like he's now sold out

00:02:57.880 the country because he's doing the exact same thing that she pretended that Polyev was going to do,

00:03:03.280 except Polyev would have never done this. He would have actually tried to really negotiate because

00:03:07.420 that's what he was actually saying, and it was realistic. If you propose doing something

00:03:11.980 realistic, I tend to believe that you're going to do it. When you're promising something impossible

00:03:16.260 like Carney was with his elbows up plans, you're not going to actually do it. Anyways, let's get into

00:03:22.060 it right here, guys. I don't want to hold you up anymore other than say, please subscribe if you're

00:03:26.700 not a subscriber. Watch this absolutely ridiculous exchange. I might play the entire thing before even

00:03:32.820 pausing it. Just over an hour ago, a report came out that the U.S. Commerce Secretary said there will

00:03:39.180 be no relief for Canadian-made automobiles going into the United States. The Prime Minister is back

00:03:46.600 down on counter tariffs, back down on the DST, back down on defense. Yesterday promised to push a trillion

00:03:53.800 dollars of private sector investment out of our country. How is he going to look those Canadian 1.00

00:03:58.660 autoworkers in the eye and tell them how he got nothing for them in return?

00:04:04.020 The one thing I do want to mention here is I also don't favor a protectionist approach to helping

00:04:08.720 Canadian auto. All of this can be solved by lowering taxes. Lower taxes across the board by 20%

00:04:15.780 slash regulations make Canada the best place on the planet to build vehicles, and all of our problems

00:04:21.760 will be solved. I do hope that's the direction that Polyev takes the next conservative platform in,

00:04:26.620 because I don't want protectionism. I want just lower taxes, less government.

00:04:32.260 The Right Honourable Prime Minister.

00:04:42.420 Mr. Speaker, Mr. Speaker, it is a sad day in this House when the Leader of the Opposition

00:04:50.300 suggests that standing up for the defense of this country, when the Leader of the Opposition

00:04:57.020 suggests that spending to defend our borders, that spending to defend our building in NATO,

00:05:05.280 that that is backing down on defense. We will—shame, shame. Now, we have the lowest tariff on autos of—

00:05:16.300 Mr. Speaker, come on, we can't even hear anything.

00:05:26.240 The Honourable Leader of the Opposition.

00:05:28.860 Mr. Speaker.

00:05:29.960 He didn't even want to—the thing is, what, right there, Carney, they're acting like,

00:05:34.460 oh, it's just too loud, I can't keep speaking. Like, you could just wait for them to quiet down

00:05:39.340 the opposition and continue your statement. Carney is not continuing the statement because it was

00:05:44.240 gobbledygook nonsense. Oh, I didn't back down on defense. The thing is that you increase—you

00:05:50.500 committed to 4% defense spending, 4% or 5% defense spending, in order to try and get to a zero tariff

00:05:58.700 deal. So we're spending it anyways, and we're committing to a trillion dollars of private investment

00:06:03.840 into the United States, and we've gotten rid of the DST that they had, and we got rid of our

00:06:09.280 counter tariffs. And, like, what's the benefit for us at all here? That's the problem, is I'm

00:06:14.160 actually okay with increasing defense spending. But the liberals pitched their defense spending 0.87

00:06:18.460 increase as a way of building up the relationship so that we could have a better trade deal. And they

00:06:24.160 can keep saying, we have the best trade deal with the Americans on the planet. Big whoop, we are their 0.75

00:06:27.980 literal northern neighbors with the biggest, like, with the biggest border with them. Obviously, we

00:06:33.660 aren't going to have the sort of tariffs that, like, a Japan, China, Russia would have. We are obviously

00:06:40.860 at a big advantage. That's why it's so pathetic that we couldn't get at least close to no tariffs,

00:06:48.060 because we have a lot of leverage. We have a lot to offer. We have a lot of things to use as a threat,

00:06:52.700 and we didn't do any of it. That's the problem we have. I know I promised to play the whole thing

00:06:57.820 through, but now you're realizing this is why it and why it pauses stuff a lot.

00:07:02.140 At least he finally got up, but he didn't address the question about auto workers.

00:07:07.100 There are auto workers who are sitting at home right now who do not know how they're going to

00:07:11.420 pay their mortgages. This prime minister looked them in the eye and said he was going to protect

00:07:15.820 their jobs. And then he said he would put his elbows up. And then he said he would get a win by

00:07:20.780 July 21st. Then he said that he would have a deal. There's been no deal. There's been no win.

00:07:27.020 And now for these workers, there is no job. Today, we learned that he's backing down again on auto

00:07:33.180 tariffs. Why is it that he's selling out our auto workers at a time when they need him most?

00:07:39.020 And so that that's that's that was it. I don't think Carney even actually got back up to defend

00:07:44.060 himself because the rules in the legislature, and this is what I actually know from working in

00:07:48.540 Victoria for the one BC party. There are so many stories I'm going to tell you guys once I actually

00:07:53.660 have a little bit more time to digest everything that's gone on. But you're actually not allowed

00:07:57.500 to clip things out of context or remove someone's response. The fact that that was the exchange,

00:08:02.460 the full exchange meant that Carney probably didn't get back up. It was just they probably just talked

00:08:07.100 about something else or, you know, that that was it. It went to a different person to answer that

00:08:12.140 question. And so the whole point is you're not allowed to take another member out of context.

00:08:16.220 And the fact that there was no rest of this video because it was posted by Sarah Fisher,

00:08:20.540 who has to follow the rules. If that's the case, it means that it was, you know,

00:08:25.180 Carney didn't answer or very likely he didn't answer back on that one. And yeah, he's got nothing.

00:08:31.740 Now we need to play this Jason Kenney clip. I thought he did a really good job of dismantling the

00:08:36.940 idea that any of this could possibly be viewed as a win. It was on CPAC that Jason Kenney was on.

00:08:43.340 Again, I know a lot of people really don't like him from COVID. I was an investigative reporter back

00:08:48.700 then. I only did written content. I had to go after the Alberta government,

00:08:53.340 Kenny, for a lot of stuff. I still at least think he's generally pretty good on policy

00:08:58.140 outside of that. But here is Jason Kenney taking down the Liberals.

00:09:01.260 Now, we heard conservatives in the House today repeatedly accuse the prime minister

00:09:05.420 of failing when it comes to the Canada-US relationship and dealing with the Trump administration.

00:09:10.780 Do you think that's a fair assessment of what we've been seeing unfold in Washington?

00:09:16.460 Well, I don't think it's unfair given the prime minister's own commitments and standards. He said

00:09:20.780 he was going to have a comprehensive deal with the United States within 90 days, and so far we have

00:09:25.420 nothing. But Canada has given up, given up on various tariffs. Canada has given President Trump

00:09:32.700 what he demanded in terms of its defense expenditures, repealing the digital services tax. So it has

00:09:39.740 been, on the Canadian side, all give. On the US side, all take. That's not exactly the elbows up

00:09:46.940 aggressive, assertive approach that the prime minister ran on. Now, maybe he's come to conclude that

00:09:53.420 that approach simply wasn't going to work with the press. But I think he should be forthcoming to

00:09:56.700 the Canadians about that. We did hear Canada-US Trade Minister Dominic LeBlanc say this afternoon

00:10:02.620 that the talks were more detailed than before, that the leaders want the conversation to continue,

00:10:08.060 and he was using terms like successful and positive and substantial progress and momentum.

00:10:13.740 What do you think Canadians should take from that?

00:10:15.420 Well, look, I like Minister LeBlanc very much, and I think he's capable of minister, but he's also a

00:10:24.540 pretty good rhetorician. He's a good spinner, let's put it that way. And he, I don't see any progress,

00:10:34.620 I don't see any momentum, but what I see is just a series of meetings of ministers

00:10:42.620 treating the White House and those around it like it's some kind of an imperial port going down

00:10:48.780 to Washington every other week and having more meetings and agreeing to have more meetings.

00:10:53.580 But we still have these crippling tariffs on Canadian lumber, on Canadian aluminum and Canadian steel,

00:10:59.180 on auto parts and many other sectors of our economy. We have this huge threat to NAFTA,

00:11:05.420 and we continue to have a president who quote unquote jokes about taking over Canadian sovereignty.

00:11:12.540 So that's where I would disagree with Jason Kenney. I genuinely they are jokes from

00:11:18.860 from President Donald Trump because he knows how to how to press the buttons of liberals in Canada.

00:11:23.500 I think that's more so Jason Kenney's probably playing up that angle because it was something that

00:11:27.820 Mark Carney said he was going to shut down. He was going to make Trump respect us. And then he's in

00:11:31.340 the Oval Office and he's laughing along with the whole merger 51st state jokes, too. It's like,

00:11:36.540 frankly, you should laugh along with them. They are literally jokes. I had to look this up while

00:11:42.220 Jason Kenney was talking. Yeah, so Laura Babcock is still delusional. She's still pretending like this 1.00

00:11:48.700 was a big win. She retweeted this person who is responding to this, the Hill, to an article from the

00:11:56.220 Hill Times that says, Carney's five million liberal leadership leadership war chest fueled by

00:12:02.460 billionaires, bankers and Canada's wealthiest neighborhoods, basically saying that when he

00:12:07.500 was running for leadership for the Liberal Party, it was it was not average donors. It was pretty much

00:12:13.500 like, you know, the big, really wealthy postal codes that you would assume a lot of billionaires,

00:12:18.700 all these other people. I don't really care about that. Hill Times can be a little bit more left

00:12:22.540 wing. But I do like this person's response and how stupid it is that Laura Babcock retweeted this

00:12:29.260 coffee time news says, Pierre Polyev has already expensed more than twice this that this year,

00:12:35.500 733,000 a month x not at times nine months equals $6,597,000. He's on pace to expense 8.8 million

00:12:46.540 dollars. Same as last year. It's like, okay, he is a federal leader. And that is his entire that is

00:12:56.060 his entire, like his constituency spending, that is his entire opposition leaders spending. How much

00:13:03.420 do you think that Carney has spent traveling around the world and meeting with world leaders? Tens of

00:13:08.220 millions, no doubt. Obviously, he has. And do I begrudge him for that at all? No, it kind of comes with a

00:13:14.700 job description of being a world leader that you spend a lot of money. It also happens to come

00:13:19.660 with a job description as a opposition leader with a lot of seats that you're also going to spend a lot

00:13:24.700 of money going around and talking about policy and traveling the country to be in the places where

00:13:30.620 problems are happening. So you can have a press conference and speak out for it. You got to use your

00:13:35.020 bully pulpit. And that does require a lot of travel spending, especially when you live in the second

00:13:39.900 biggest country on the planet, Canada, you know, the place that we all live, where it's kind of

00:13:44.540 expensive to get around from major destination to major destination. This ain't exactly Lichtenstein,

00:13:50.620 people. But yeah. So that's really it for me today. I don't really know how Carney is going to,

00:13:58.380 I don't know, even, I don't even know how, I don't know how his party would ever actually win the next

00:14:02.540 election based on the record right now. Like, could they start just cranking out legislation that

00:14:08.540 generally people like? Sure, it's got to be big to cover up the bad taste in people's mouths that

00:14:13.980 they already have from all the flubs, from all the just rhetorical failures on stuff like this,

00:14:19.500 elbows up stuff. They have just hurt themselves so badly at this point. They're going to be pushing

00:14:24.460 voters to the Greens, to the NDP. They're going to be pushing auto workers and blue collar guys to

00:14:29.740 the conservatives. I think that the Liberal Party will still have a formidable position in the polling,

00:14:35.100 but I could see them locking themselves out of so many regions that maybe they pull at 40 percent

00:14:40.380 or 38 percent or 37 percent. I'm assuming they're going down over time. But I think they're also

00:14:45.980 going to have that 37 percent being more strongly concentrated in the metropolitan areas that they

00:14:51.260 already win and the places that they're going to have significant losses. So if they will lose like

00:14:55.420 four percent, I think that you're going to see more like 10, 12 percent losses in these more

00:15:01.020 working class parts of the country, these parts of the country who actually were pretty close ridings

00:15:06.940 and that people were giving the Liberals a chance because they're going to stand up to Trump.

00:15:10.380 Well, now the only issue those people voted Liberal over is completely off the table. So what are they

00:15:15.100 going to do now? We see every other pollster showing the threat of Trump and his administration

00:15:20.460 as a top issue for Canadians is falling because Carney himself is signaling that it's obviously not the

00:15:26.540 problem. It's not trumping his administration. It's him. It's his useless butt. He's not doing anything.

00:15:32.460 Who doesn't know how to negotiate? Who is not actually lowering taxes in any significant way at all,

00:15:37.500 not deregulating? He's the roadblock to Canada. He's the one who's actually a threat to Canada

00:15:43.180 in terms of our economy. Anyways, well, that should be it for me today, guys.

00:15:48.460 Thank you for watching. Like, share, and subscribe, and I'll see you guys all later.

The National Telegraph - Wyatt Claypool - October 09, 2025

Carney's surrender on trade has put Liberals on shaky ground!

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