The National Telegraph - Wyatt Claypool - Carney SHUTS DOWN his own Fake Pipeline - Tanker Ban Remains!

00:00:00.000 Hey guys, Wyatt Claypool here, and welcome back to the National Telegraph YouTube channel.

00:00:06.580 Just as I've been saying, Prime Minister Mark Carney is basically closing the door on his own

00:00:12.400 fake pipeline. Yes, he's announcing a new memorandum of understanding with the British

00:00:18.600 Columbia provincial government, but like with every move that the liberals have been making

00:00:23.620 on this theoretical pipeline. It's one step forward and one step backward. Here is Prime

00:00:30.360 Minister Mark Carney announcing his MOU with BC, and then I want to get into some of the

00:00:34.820 very concerning details about it. British Columbia is Canada's gateway to the world's

00:00:42.240 fastest growing markets. British Columbia's power grid produces amongst the cleanest and

00:00:48.100 most reliable, affordable electricity in North America.

00:00:52.440 BC is a leader in mining, production of gold, zinc,

00:00:55.120 copper and well beyond.

00:00:57.620 This great province has one of the world's most educated

00:01:01.480 and skilled populations.

00:01:03.220 And so it's on that exceptional foundation

00:01:06.920 that Premier Evie and I are committed to build

00:01:09.320 a stronger, more resilient, more independent

00:01:11.660 province and country.

00:01:13.920 Now, already it's the case that one third of the initiatives that are advancing through the major projects office come from B.C.

00:01:23.580 It's funny that he's mentioning this because Premier David Eby has been whining that Alberta is getting so much attention,

00:01:29.640 while disproportionately it's actually been British Columbia getting more attention than pretty much any other province, I believe.

00:01:37.300 But today we're accelerating and broadening that momentum.

00:01:41.460 Premier Eby and I are announcing a landmark Canada-British Columbia Cooperative Prosperity Agreement.

00:01:49.020 This agreement is comprehensive, it's ambitious, and it will help transform the entire Canadian economy.

00:01:55.400 So it's not just about one province, the entire Canadian economy,

00:01:58.420 and will help fund the public services on which Canadians rely.

00:02:04.020 Really, this is just about Mark Carney's re-election plan.

00:02:08.840 He's buying votes, effectively.

00:02:10.420 No, this is not actually going to move a pipeline forward, and we're going to get into some of the details so you can see what I mean by that.

00:02:18.560 Here is Rob Shaw reporting from Check News on the highlights of the MOU that's being signed between Ottawa and British Columbia.

00:02:27.520 It says, new BC commits to acting in good faith on new Alberta oil pipeline as part of MOU with Ottawa that offers promise for feds to maintain North Coast tanker ban, $3 billion for Massey tunnel replacement, $3.9 billion for North Coast transmission line, cooperation on steel software, skilled trades training, carbon pricing compensation, and other measures.

00:02:52.760 Now, I actually don't have any problem with the $3.9 billion for the North Coast transmission

00:02:57.460 line expansion. That's fine. Fair enough. You could actually argue that that is something

00:03:01.520 that the government could put money into because it will have other big multiplying economic

00:03:06.440 effects. But the big thing on this list that you will notice, other than the $3 billion for a

00:03:12.540 provincial infrastructure project, is the promise to maintain the North Coast tanker ban. So BC,

00:03:19.500 C, quote, commits to acting in good faith when it comes to an Alberta pipeline, but you also can't

00:03:26.480 build a pipeline in the most lucrative route. You have to go do it somewhere else. You have to

00:03:33.260 feed the pipeline into one of the ports of Vancouver. So it's not going to happen. And

00:03:41.100 there's many reasons why that means it's not going to happen. One, it's just not a very good path.

00:03:46.880 It's just crowded. The port is going to have to take a $10 billion expansion just to be able to maybe ease up the lines that basically end up taking place at the port already so that you could maybe ship more oil and gas off of the West Coast.

00:04:02.920 But at the same time, you also are going to be running through Musqueam title territory.

00:04:10.140 The Musqueam had the federal liberals sign them over land title for the entire Lower Mainland,

00:04:17.500 which does include not only the land that leads to the Port of Vancouver, but also the shipping lanes.

00:04:24.500 The Musqueam, who are anti-pipeline, are now going to have to be consulted on whether or not this pipeline goes forward.

00:04:31.180 I hope that Alberta Premier Danielle Smith rips into this agreement, and I'm afraid that she may not, because whether she's playing naive or she's actually naive, at the end of the day, it's very clear at this point that it's a bad agreement.

00:04:46.920 And even though she has a scheduled press conference with Mark Carney, she should be prepared to start pulling back because she has not been unreasonable.

00:04:56.320 If anything, she has been too reasonable, too willing to agree with things that Mark Carney has put forward.

00:05:01.460 And now our agreement is not even anywhere close to what it was pitched as at the beginning.

00:05:07.120 And the liberals have already walked back their plans to start softening environmental regulations because they are scared mainly of the environmental green left that they rely on for votes more than they are scared of the business liberal center being frustrated that there's no pipeline because they're still holding the carrot of hope in front of the business liberals who want a pipeline that it might get built one day.

00:05:32.900 It'll just be a southern route.

00:05:34.100 And we just have to give $10 billion to expand the port to the B.C. government and $3.9 billion for the Massey Tunnel expansion and the LNG transmission line.

00:05:47.920 And we also are going to have to negotiate with the Musqueam First Nations as well as a bunch of other First Nations.

00:05:53.080 But there's still hope, guys.

00:05:55.220 The environmental left knows that this thing is never going to get built.

00:05:59.440 every time the Liberals take one step forward,

00:06:02.380 they take another corresponding step backward

00:06:04.800 to make sure that we're never actually going anywhere.

00:06:08.080 Here is Mark Carney himself saying that we are not going to be building

00:06:12.160 the pipeline to the North Coast.

00:06:14.480 On top of all that, the conditions for the Roberts Bank's Terminal 2 expansion

00:06:19.600 will include detailed measures to protect these habitats.

00:06:25.280 We're also clear that today's Canada-BC agreement

00:06:29.360 will maintain the federal north coast tanker ban in accordance with the proposed route of a new

00:06:38.140 trans-provincial pipeline under the bilateral agreement with Canada and Alberta. We will build

00:06:46.700 inclusively in true partnership with First Nations, including those here alongside the

00:06:52.600 Salish Sea. That's the Musqueam. That is the Tawasin, and it might also even involve the 0.83

00:06:58.180 Squamish the Cowichan, because apparently if you're even within 100 kilometers of traditional

00:07:04.140 territories, you can claim that you have some intervening right to be consulted on the matter.

00:07:10.240 They are not going to let the pipeline go forward. They don't need the pipeline money. They already

00:07:15.380 got massive amounts of money from the provincial and federal governments, as well as owning the

00:07:20.400 land where the Vancouver airport is in terms of, in the case of the Musqueam, they already have

00:07:26.040 massive amounts of money and they are allies of the bc ndp and when he says that it's being built

00:07:31.720 in true partnership with first nations that means a veto that means that they can hold this thing up

00:07:36.920 as long as they want now i want to quickly jump over to david eby talking about the north coast

00:07:43.800 pipeline ban because he's saying he's talking about both sides his mouth that the bc government

00:07:49.080 is not going to get in the way of this pipeline at the same time we've already in the mou we've

00:07:54.360 signed with ottawa completely gotten rid of the north coast route this agreement doesn't require

00:08:00.120 us to support any pipeline proposal from alberta however as i've said before we recognize our

00:08:07.960 constitutional position and we do not have the authority to stop a new pipeline we will not be

00:08:13.880 going to court to fight a pipeline project instead we will ensure we fulfill our constitutional

00:08:19.640 obligations in good faith. Pipelines are federal jurisdiction. That's why this agreement matters.

00:08:26.760 It ensures that the Northern tanker ban stays in place. And it ensures that if a pipeline goes ahead,

00:08:33.860 that British Columbians are fairly compensated for the environmental risks we would take

00:08:37.220 on any new pipeline project. Now, I just want to jump over to the take from fellow conservative

00:08:42.980 YouTuber JJ McCullough here, because he's one of the few people I think that from the beginning

00:08:47.940 has also been on the right side of this, of saying that this thing is clearly never going

00:08:52.880 to happen based on the rhetoric that people like David Eby and Mark Carney have been using up to

00:08:57.900 this point. He points out here, British Columbia won't, but various First Nations will, and their

00:09:04.800 opposition is always what actually stops things, even though we've been pretending that a stagnant

00:09:10.380 resource sector is just a federal-provincial relations problem. He's saying that specifically

00:09:14.640 about First Nation veto being the main thing that ends up blocking projects. Because politicians,

00:09:21.980 federally and provincially, use First Nation's veto, which doesn't actually exist, when it suits

00:09:28.020 them. They could just ignore First Nations saying they don't want the pipeline built, because,

00:09:32.800 by the way, the majority of First Nations support building pipelines. First Nations people actually

00:09:37.720 vote plurality conservative. They vote more conservative than white people do. I think it

00:09:42.980 was like 45% of First Nations in the 2025 federal election voted for a conservative. And it's

00:09:50.140 because First Nations people are also known as rural voters for the most part. They are rural

00:09:55.520 voters. And so they vote for less government, lower taxes and more resource projects. It's

00:10:01.240 banned council elites that are blocking these projects. This is specifically why 1BC and

00:10:08.140 Dallas Brody are fairly popular in British Columbia, because the only party that just says,

00:10:13.240 let's completely kill off the veto, ignore them, they can try and sue, we'll basically just build

00:10:18.500 whatever we want. That is actually very popular right now, because of all the frustrations,

00:10:23.560 the absolutely irrelevant, the arbitrary vetoes and court challenges are causing.

00:10:30.160 But now I just want to move on to some other stuff about this. Here is a great indication

00:10:35.000 that the left knows that the pipeline's not being built, that they have effectively won.

00:10:40.520 Nathan Cullen here, who was a former federal NDP MP, and then he also ran for the BC NDP in the

00:10:47.820 last provincial election, he says here, huge win for BC and Canada. North Coast tanker ban to be

00:10:54.760 maintained and a major fight with First Nations and Northwest communities is averted. Northwest

00:10:59.900 communities and First Nations, again, they are all in favor of building a pipeline to the Port

00:11:04.480 of Prince Rupert. Why wouldn't they be? It would be massive business. The North has always had an

00:11:09.880 economic stagnation problem of, yes, there's many resources up there, but the isolation does make

00:11:14.900 it hard to work up there. A great way of expanding all industry up there is having the North Coast

00:11:20.680 pipeline end at the Port of Prince Rupert, creating industry all along the path. It would be

00:11:25.640 fantastic. But Nathan Cullen here says, significant wind for Premier David Eby, billions for clean

00:11:31.540 electricity critical minds and training and ports so if they know it's just a bunch of it's a big

00:11:37.840 handout to British Columbia for the idea that they're not going to block the pipeline project

00:11:42.860 okay but other people are the First Nations are environmental groups are and they're not even

00:11:49.660 going to build the pipeline to the more lucrative port they're going to be building south not north

00:11:55.260 and by the way you can even technically approve a corridor for the pipeline just say whoever wants

00:12:01.460 to put up the money, we can build it there. And we'll even maybe throw in some tax incentives for

00:12:06.660 whatever private proponent puts up the money. And they still might not want to build anything

00:12:11.960 because your pipeline is only profitable relative to how profitable other regions are when it comes

00:12:19.760 to building oil and gas projects. If it is more profitable to drill and transport oil and gas

00:12:26.760 in Brazil, Texas, you know, a lot of I think there's other American states are also involved

00:12:32.840 in oil and gas, even in Canada. There's Qatar, Saudi Arabia, Iran, there's Venezuela, and there's

00:12:39.880 even Newfoundland and Labrador. Newfoundland and Labrador at this point is probably a better bet

00:12:46.500 when it comes to trying to actually create a profitable oil and gas project with all of their

00:12:52.140 offshore oil and gas. Going through all the hoops and gyrations to build a West Coast pipeline at

00:12:59.660 this point isn't worth it because the amount of return you are going to get on your investment

00:13:04.940 is going to be half of what it is down in Texas. But now I want to jump over to the response to

00:13:12.620 this by Conservative Party leader Pierre Polyev. I thought his response here was quite good.

00:13:20.860 thank you this will be the last question now all right keep it really brief uh do you support the

00:13:25.420 construction of the pathways project as a condition of the west coast pipeline and that

00:13:30.700 this is another thing before i get to his question uh this all is also not only giving massive

00:13:35.900 amounts of money to the british columbia government but it's also requiring requiring the alberta

00:13:42.220 government to like uh to invest like 20 billion plus dollars in the pathways project which is a

00:13:49.340 carbon capture project they also have to massively increase the industrial carbon tax oh and the bc

00:13:55.980 government gets to do against more a higher portion of the royalties from the pipeline

00:14:01.580 it's completely ridiculous but i'll get to pierre now i don't think it should be a condition at all

00:14:07.340 absolutely not um you know we'll see what they propose but i uh personally believe that this um

00:14:15.420 I'll have more to say when I see what they propose, but I will make one thing very clear.

00:14:23.820 For the federal government to force Albertans to spend billions of dollars on this project

00:14:29.100 as a condition of building a highly productive and profitable pipeline is unfair.

00:14:35.560 What the federal government needs to do is get rid of all these conditions,

00:14:38.400 get rid of the industrial carbon tax, the anti-development laws, the pathways requirement,

00:14:44.180 and let the private sector build this pipeline with private money.

00:14:48.720 Thank you so much.

00:14:49.360 Thank you.

00:14:49.920 Thank you.

00:14:50.460 Now, I just want to also jump to another clip of him speaking about the North Coast ban,

00:14:55.380 a little bit more in detail about how just ludicrous the whole thing is,

00:14:59.180 considering American tankers go through the, I forget what the strait is called,

00:15:04.820 but they go through the strait that the ban affects for Canadian pipelines.

00:15:10.580 The Americans sail through that area all the time and nobody says anything about it.

00:15:16.420 I just have a question.

00:15:17.900 Alberta, B.C. and the federal government all seem to be on the side on side with a plan for the new oil pipeline from Alberta to the West Coast.

00:15:25.980 Do you now believe this pipeline will be built?

00:15:28.340 And what do you think of the agreement between the federal government and B.C. to keep the North Coast oil tanker ban in place?

00:15:34.500 so i can't answer the first part of your question because i haven't seen the final agreement when we

00:15:40.960 do we'll respond accordingly um i think the north coast ban is ridiculous american tankers travel

00:15:49.220 through those same pacific waters all the time from alaska to the u.s west coast so why does

00:15:57.080 mark carney believe it's safe for our american tankers carrying american oil from alaska

00:16:03.580 to California is safe, but it's not safe for us to send Canadian oil over to Asia through the same

00:16:10.060 passages. Secondly, it takes about 36 hours less time to get to Asia from northern BC as it does

00:16:20.000 from southern BC. And that's because of the curvature of the earth. That's just simple

00:16:24.140 geometry. The further north you go, the shorter the curve you have to travel to get to the other

00:16:32.000 side of the pond. Great point by him. I actually hadn't thought of this until he had mentioned it

00:16:37.520 at his press conference today. And also the construction costs are going to be higher in

00:16:42.860 the lower mainland than up at the port of Prince Rupert. There are so many things that are going

00:16:47.780 to cost less if you go north than going south. There's just going to be way more court challenges

00:16:54.560 going south. There's going to be higher costs going south, labor, construction, all of that,

00:16:59.600 permitting it all costs way more if you go south and then your payoff is that the bc government's

00:17:06.200 also going to get higher royalties on the pipeline and it's going to take longer to ship from there

00:17:12.260 and it's probably going to take longer to load and unload because the port of vancouver the specific

00:17:19.680 there's a few ports obviously in the vancouver area but specifically when they're going to

00:17:23.840 has had issues with tankers basically having to line up for days just to be able to unload their

00:17:28.960 cargo because of how overpacked it already is a 10 billion dollar expansion is going to help that

00:17:35.920 but help after several years of more construction but let's get back to this and i'll let i'll

00:17:41.600 finish up on uh this pierre clip and then that will probably be it for us today um and so that's

00:17:48.240 why we believe that the best place to put a pipeline is to prince rupert or kitamat which

00:17:55.960 can take a million barrels, mostly to Asia. We don't want a pipeline that will simply lead

00:18:02.460 tankers to take the oil south down to the California west coast. We're trying to diversify

00:18:09.000 here. So the only way to, the best way to diversify is by permitting a pipeline from

00:18:16.640 Hardesty, Alberta to Prince Rupert or Kitimat to ship a million barrels a day over to Asia.

00:18:23.040 and we hope that the Prime Minister will signal his willingness to grant such a permit today.

00:18:29.060 Now, that is obviously not going to happen because Mark Carney has already closed the door

00:18:34.040 off for that by signing his MOU with British Columbia and now this is where Alberta Premier

00:18:40.500 Daniel Smith comes in. I overall quite like Daniel Smith, but Daniel Smith, I think it is time for

00:18:46.860 her to cut the Naivete Act. And now, actually, especially when she has David Eby standing right

00:18:54.340 in front of her, she should be saying, hey, well, I've been acting in good faith this entire time.

00:19:00.480 I have been playing ball, agreeing to higher industrial carbon tax rates. I've been agreeing

00:19:07.000 to invest in a carbon capture scheme with the Pathways Project. I've been willing to put up

00:19:14.680 with a lot of stuff. And now you're signing an MOU with BC and cutting off the most lucrative

00:19:20.660 potential route for a pipeline. You're giving them higher royalties. You're going to give them

00:19:25.520 several billion dollars of more incentives. And for what? A pipeline that's not even actually

00:19:32.440 guaranteed to happen. In fact, it's less likely to happen than it is going to happen if the liberals

00:19:38.100 remain in power. She eventually needs to do a tactical flip and say, know what? I've been the 1.00

00:19:45.820 one accepting your terms. Now you're going to have to accept some terms for me. We're going to go

00:19:50.100 north. You have to make that work. You have to go back to David Eby and actually negotiate this

00:19:54.000 thing out because apparently you're the king of negotiations. You said that you could negotiate

00:19:58.380 with President Donald Trump because you've dealt with him before. Okay, maybe you were wrong about

00:20:02.460 that, but can you at least negotiate with Premier Gumby over there? Can you at least get that guy

00:20:08.080 whose approval ratings are in the toilet, who agree to something that's probably good for his

00:20:12.720 approval rating if he says yes to you? Can we do that? Because if Danielle Smith keeps just saying

00:20:18.420 yes, eventually she's going to have sort of common sense fiscal conservatives just say, 0.98

00:20:23.660 what are you doing? Are you trying to make Mark Carney look good? Are you trying to basically

00:20:28.760 sideline Pierre Polyevier? I don't think that's what she's doing, but you're going to start having

00:20:33.380 voters think that she's basically endorsing the liberals because she goes along with everything 0.90

00:20:39.000 that they want, no matter how ridiculous. Anyways, with all that being said, thank you guys for

00:20:45.060 watching this video. Make sure to leave a like on the video. Subscribe if you're not yet a subscriber.

00:20:50.340 Consider hitting the join button and becoming a monthly contributing member. And of course,

00:20:54.520 leave a comment with what you think about all this, especially what do you think Danielle 0.65

00:20:59.080 Smith's strategic play should be right now based on the fact that the deal is clearly not good. 0.96

00:21:05.260 This is a fake pipeline, and eventually this could bite her inside the UCP if people see her

00:21:11.720 as just being strung along consistently by Mark Carney without having any fight back attitude

00:21:17.420 that comes along with it. Anyways, so with that being said,

00:21:21.680 thank you guys for watching, and I'll see you all later.

The National Telegraph - Wyatt Claypool - July 02, 2026

Carney SHUTS DOWN his own Fake Pipeline - Tanker Ban Remains!

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