The National Telegraph - Wyatt Claypool - November 12, 2026


Carney Wrecks Himself with One Big Dumb Lie - Stellantis Factory Closure

＂At a Breaking Point＂ - Carney and Joly in Big Trouble After Massive Job Loss Scandal!

Episode Stats


Length

19 minutes

Words per minute

173.32

Word count

3,440

Sentence count

143

Harmful content

Toxicity

10

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Transcript

Transcript generated with Whisper (turbo).
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
00:00:00 Conservative Party leader Pierre Polyev definitely bet on the right issue to focus on this week with the Stellantis plant closure in Brampton because all the pressure seems to have paid off with Prime Minister Mark Carney and Industry Minister Melanie Jolie getting caught telling a big credibility-killing lie, pretending as if they were completely unaware of the plant closure,
00:00:23 calling it a betrayal of Canadian workers when in fact they were actually involved in the plant
00:00:30 being closed and being sold to Rochelle who was probably not going to keep the same amount of
00:00:35 people employed as Stellantis originally had. Check out this video from just yesterday of Mark
00:00:42 Carney pretending he had no clue about this and this was a betrayal of workers. The situation
00:00:49 in Stellantis, the Brampton plan is unacceptable. It violates the obligations that Stellantis has
00:00:58 under several agreements, but to be more fundamental, it's a betrayal of the workers
00:01:07 as it is a betrayal of the... You know, really, whenever Carney is answering a question and he
00:01:14 starts umming and ahhing this much, a reporter should just stop and just say, we know you're
00:01:18 line. You're umming and ahhing like you always do whenever you're making something up.
00:01:23 Of the obligations to Canada and by extension to all Canadians, we will fully enforce
00:01:29 our rights in protection of those workers and protection of Canadian funds. And the issue is not
00:01:37 the work, the exceptional work of the Minister of Industry, Madame Jolie.
00:01:44 He's having to say that because it's been a big initiative of Pierre Polyev and the Conservatives
00:01:49 saying that Melanie Jolie should be fired from her job because of just how bad of a job she's been doing
00:01:55 by trying to keep manufacturing jobs in Canada.
00:01:58 We have been losing manufacturing jobs hand over fist, and this Stellantis issue seems to put the cherry on top
00:02:05 because now the Liberals are being caught basically lying about being blindsided by layoffs
00:02:11 when they, in fact, help facilitate them in this case.
00:02:15 And her colleagues.
00:02:17 It is the behavior of the company versus those workers.
00:02:23 The government knew in advance that you were going to buy this Atlantis plan?
00:02:26 We shared our plan with the government.
00:02:27 Why are they acting all aggrieved today then?
00:02:30 I think that I understand the frustration.
00:02:34 Look, I understand that there are thousands of people that have no certainty and future,
00:02:39 and they don't know what's going to happen.
00:02:42 And that's why I'm here.
00:02:43 We are going to create a much better future.
00:02:45 We're going to attract other players.
00:02:48 Remember, this plant was idle for three years.
00:02:51 Now we have a plan that we shared with the government.
00:02:53 Of course, now I cannot talk on behalf of Unifor
00:02:56 or on behalf of Stellantis.
00:02:57 I'm not a part of this negotiation.
00:02:58 I won't be in the middle.
00:03:00 I'm talking on behalf of a Brampton-based company
00:03:03 that is operating in Brampton,
00:03:05 paying taxes in Canada,
00:03:06 creating know-how in Canada
00:03:08 and want to expand and create more jobs, thousands of jobs right here in Canada.
00:03:11 It's a long-term investment, and we're continuing being proud Canadians
00:03:15 that rely on Canadian workers and create independence in the economy.
00:03:20 I believe right here, this is the CEO of Rochelle,
00:03:23 who is the company buying the plant from Stellantis. 0.99
00:03:27 Now, what he's saying is that this is complete crap from Mark Carney, 0.97
00:03:32 and obviously he had to go on Bloomberg in the United States 0.98
00:03:35 to actually get some of this information out.
00:03:37 But no, Mark Carney fully knew what was going on. They were aware the government was involved at the meetings when Stellantis was selling the plants to Rochelle.
00:03:49 And by the way, I have no problem with it. The liberals are just trying to basically seem all up in arms because obviously these are job losses.
00:03:58 so because they haven't been creating jobs at least they can pretend like they stand next to
00:04:03 workers with their arms folded saying I can't believe Stellantis would lay off all these people
00:04:08 and now they're uncertain whether they're whether Rochelle is going to hire them all back or not
00:04:12 it's like okay um how about lower taxes how about cut regulations how about do anything to try and
00:04:20 get some of these companies to stay and maybe even grow the workforce this is the problem in Canada
00:04:26 The mega-deductions, some of the other schemes in order to try and keep jobs in Canada or even bring jobs into Canada obviously are not working.
00:04:34 Carney and Melanie Jolie's main sort of sticking point that they're trying to, like, pretend to be up in arms about is that they have violated their obligations to Canada by laying anybody off because they had received government grants or subsidies or tax breaks.
00:04:50 It's like, okay, and the subsidy money, the timeline that they were getting the money has now expired, and now they have no obligation anymore to keep people employed.
00:05:00 It's almost like having a government-driven jobs market where the only way jobs are created or even maintained is the government just throwing money at companies because the actual just normal operation of a business in Canada is not profitable unless the government is subsidizing you.
00:05:20 That's the problem.
00:05:21 Yes, Stellantis was being subsidized.
00:05:24 I don't like that.
00:05:25 But Stellantis is fully in its rights.
00:05:27 Once the money from the government dries up, I'm going to sell this to Rochelle now and then head down to the United States, because that's exactly what's going on here.
00:05:36 But let's get back to the CEO of Rochelle.
00:05:38 And then I want to jump over to some comments that Pierre Polyev and other conservative MPs have been making.
00:05:44 It's an exciting story.
00:05:45 I just want to, because I get to feel like Colombo now, there's one thing I don't quite understand, though.
00:05:49 You're saying you had told the government we're planning to buy this Stellantis plant.
00:05:54 We shared our plant, yes.
00:05:55 over what like several weeks ago several months but now the government sounds very indignant why
00:06:03 would they be doing that I cannot talk on on behalf of the government I don't know what they're talking
00:06:07 with Stellantis I'm not a part of this discussions but Rochelle has a massive ambitious plan the plan
00:06:14 is not just about the defense this plan is related to automotive manufacturing so yeah so he says
00:06:21 you know that's nonsense he doesn't know why the government is acting indignant which is another
00:06:26 way of saying they're probably lying i'm just not going to accuse them of that let's jump over to
00:06:31 what piropaglia said here uh in response or i'll also also go to kyle seaback uh afterwards one
00:06:37 of the conservative i think he might be the industry critic for the conservatives or at least
00:06:40 a close-by mp to the area so this ctv news article came out 20 hours ago later last night
00:06:48 And it says, breaking, Kearney government actively involved in talks leading to Stellantis plant sale sources.
00:06:56 And in fact, the sources saying that they were involved were far more detailed than they actually,
00:07:03 CTV News had their own liberal sources coming in saying,
00:07:05 we don't recall being aware that there was actually going to be a sale going on.
00:07:10 There were talks, but we weren't sure that this is the way they were going to do it.
00:07:14 and we were unaware that some workers may not be kept employed by Rochelle once the sale went
00:07:21 through. It's like, cut the crap, guys. You guys knew the thing was happening. And clearly, 0.99
00:07:26 obviously, nothing can be guaranteed. If the company gets sold from one business to another,
00:07:32 they're not going to guarantee that they're going to keep everyone employed. They manufacture a
00:07:36 different product. They might not need everybody. And in response to this article, Conservative
00:07:41 Party leader Piripolyev says, yesterday, Mark Carney said Stellantis, the Stellantis sale was
00:07:47 a betrayal. Today, we find that his government was in on it every step of the way. So is he the one,
00:07:53 so is he the one that betrayed the workers and taxpayers, question mark? And yeah, if you know
00:08:00 that businesses are leaving, I don't want the more, I don't want Stellantis subsidized more.
00:08:06 But if the government, the carny liberals, are at the table as companies are basically laying it out that it's no longer profitable for us to be here and we're going to have to sell to Rochelle and then relocate down to the United States, that doesn't get the brain working and making any liberal ministers think,
00:08:25 hey, maybe we need to pivot on our economic policies to try and get some of these companies
00:08:34 to stay without just having to throw money at them. Maybe their new mega deduction was supposed
00:08:39 to do that, but that's only about new investments. The way that the mega deduction works is that if
00:08:44 you make a new investment in Canada, like if Stellantis had instead of choosing to sell the
00:08:51 plants, had bought new plants, then they would have been able to write off certain capital
00:08:56 investments in that new plant. So let's say they had to buy a bunch of new machinery and trucks,
00:09:03 then they could have written all that off in one year rather than writing it off over the
00:09:07 lifespan of those resources. That's fine and good. That's not really sweetening the deal for
00:09:14 any company who already can identify that the taxes and regulations in Canada makes long-term
00:09:20 viability, completely impossible. The MAGA deduction is such a short-term policy because
00:09:29 the liberals are such short-term economic thinkers. Hey, do you want to invest in our
00:09:34 country? Yeah, the economy sucks, but for the first year, we'll let your deduct things really
00:09:39 fast. Okay, does that make your economy not suck in 10 years? Because that plant, whatever I invest 0.97
00:09:46 into your economy is eventually going to basically grind to a halt because it's not really easy to do
00:09:52 business here. The taxes are very high. Anyways, but I can't expect the Liberals to ever figure
00:09:58 that one out. But now let's jump over to Kyle Seaback here when he was on CBC talking about
00:10:04 Melanie Jolie needing to go. We're joined now by the Conservative Party's Labour critic,
00:10:10 Kyle Seaback. Nice to see you, Kyle. Thanks for coming on. Yeah, happy to be here. So your leader
00:10:14 calling for melanie jolie to be fired what do you hope that will accomplish well look it shows some
00:10:19 actual accountability and i think we have to you know the prime minister says she's done an
00:10:24 exceptional job i think he's got a very strange definition of exceptional we've now seen two of
00:10:29 eight auto assembly plants close in ontario so we've got bright drop which is closed and we now
00:10:35 have the stellantis plant which is closed and sold and this shouldn't have happened this way
00:10:41 uh melanie joely just said we're going to use the full force of the law but she said it 10 months
00:10:46 ago she said it in the house of commons imagine if she had actually kept her word to both canadians
00:10:53 and the workers by actually enforcing the covenants in the contract that they signed
00:10:59 i mean just think for a second if they were in court seeking to enforce the jobs guarantees in
00:11:04 the contract 10 months ago and then stellantis went into their collective bargaining boy that
00:11:10 would have improved stellantis uniform's hand to negotiate a product for this facility but she
00:11:18 didn't keep her word and she's doing now the same thing uh with stelco she said on october 26th in
00:11:25 response to a question i had in the house of commons when the 15-day period that you've given
00:11:30 expires will you sue she said yes and sat down she hasn't sued look the most generous interpretation
00:11:38 of all this is that she's misleading canadians and so losing those plants misleading canadians
00:11:45 that's not doing an exceptional job that's something they get fired for now now uh kyle
00:11:51 seaback here is having to play it a little bit coy because he's talking about enforcing the job
00:11:55 guarantees in the contract now you are you know you and i have not seen the contract kyle seaback
00:12:02 probably hasn't seen the contract either the thing that melanie jolie is probably lying about
00:12:06 is that there's an actual enforceable jobs guarantee because what company would just say
00:12:12 yeah i'll keep let's say exactly 5 000 people employed and i won't lay anybody off based on
00:12:18 market conditions natural disaster zombie apocalypse or anything else obviously no company
00:12:24 would sign on to that and the reason melanie jolie has been putting out these embarrassing
00:12:28 letters on social media and these and making these statements in the house of commons saying
00:12:33 I'm going to take them to court unless they do this or that by this day.
00:12:38 They don't do it and she doesn't go to court because there's probably nothing enforceable here.
00:12:43 And if there is, it would actually chase away a lot more investment in Canada than it would end up saving.
00:12:49 Because who would invest in an economy that's more like a shotgun marriage than an actual free market relationship in our country?
00:12:58 You want to have companies want to be in Canada rather than being coaxed in because you're going to get a big government subsidy if you promise to operate a plant for maybe five or six years.
00:13:11 And then we're going to try and put the screws to you if you try and leave after that time has expired.
00:13:15 But that's effectively what's gone on here.
00:13:17 We got some of these companies to purchase older assets, older plants from other companies.
00:13:23 And then we fed them with subsidies.
00:13:26 the subsidy money ran out and they're saying, huh, look at the time. I'm going to go. And we're
00:13:31 saying, but you have a jobs guarantee. It's like, yeah, but the money ran out, so I don't owe you
00:13:36 crap anymore. That's what is currently going on here. And Melanie Jolie and Carney, instead of
00:13:42 actually trying to pivot their broken economic policies, are like just wagging their finger at
00:13:48 the companies and pretending to be absolutely scandalized that anyone's being laid off when
00:13:54 they were present for the talks they knew this was happening and let's say even if they didn't
00:14:01 know what was happening that's damning in and of itself you didn't know that 2 000 people were
00:14:07 about to be out of a job from the Stellantis plants and they were going to be sold to Rochelle
00:14:11 you didn't know that Cleveland Cliffs was going to temporarily at the very least lay off 500
00:14:17 workers from Stelco after Carney has refused to actually get to the trade negotiating table
00:14:24 with trump and actually get the rid of or lower the steel tariffs you didn't know well then you're
00:14:30 incompetent you shouldn't be industry minister mark carney shouldn't be prime minister if he
00:14:35 can't actually deliver on the things he promises if you can't actually fulfill the basic job
00:14:42 requirements for being the minister of industry or prime minister especially when you're carney
00:14:47 and you promise to get a trade deal a trade deal solves like 50 of the issues going on right now
00:14:53 The other 50% are just the terrible liberal economic policies we've been living with for 11 years that are chasing away businesses every single day.
00:15:03 Guys, at the end of the day, companies like making money.
00:15:06 And if the taxes are high and the regulations are annoying and there's tariffs in place, those companies might go and do business elsewhere.
00:15:15 They don't have to do it with us.
00:15:17 They can do it just as well, if not better, with the Americans, depending on the state.
00:15:21 But anyways, what do I know?
00:15:23 I'm not the economic wizard that is Mark Carney.
00:15:26 Before this video ends, I need to highlight some truly embarrassing stories that the National Post actually put out over the last couple of days.
00:15:36 I don't know if this is, like, a result of getting so much money from the liberal government,
00:15:41 but even the National Post, which has a little bit more of a center-right bent to it, seems to be putting out slop liberal propaganda.
00:15:49 Like, check out this headline here.
00:15:51 from our partners at Financial Post.
00:15:55 Canada's tax rate is now better than the U.S. and Europe.
00:15:59 No, this headline and the article itself is a lie.
00:16:04 They're saying that new businesses, new investments in Canada
00:16:09 now have the lowest tax rates among European countries and the United States.
00:16:16 But that isn't true.
00:16:18 They're basically saying because of the mega deduction,
00:16:20 some new businesses will have an effective tax rate of only like six and a half percent
00:16:25 in their first year okay that's not really how it works it's just a deduction you have a very low
00:16:35 tax rate for your first year because the mega deduction allows you to just write off a capital
00:16:40 assets costs all in one year rather than let's say if you had a truck and it was gonna you're
00:16:45 going to use it for 10 years, you can write it off over 10 years. The tax rates are still the
00:16:50 same, and they're horrific compared to most states in the United States, plus their federal
00:16:56 corporate tax rates. No, that's such a weaselly way of pretending like somehow we've lowered taxes.
00:17:03 We haven't lowered taxes, we just slightly changed the way that some new companies can deduct some
00:17:09 of their initial capital assets. Not a bad idea, but that doesn't mean tax rates are lower,
00:17:13 because the Americans allow you to deduct more over time than we do.
00:17:19 We just have this new cutout which allows you to do a lot in one year,
00:17:23 and then after that you have to face the awful Canadian corporate tax rates.
00:17:27 But now let's get into the other story here.
00:17:30 Again, I feel like the National Post should be better than this,
00:17:33 and I actually saw two versions of this headline posted on X, and both of them are wrong.
00:17:38 I think this was the particularly egregious one.
00:17:41 And National Post writes here, RCMP visit Newfoundland man after alleged anti-Trump post on Facebook.
00:17:49 Now, it looks like, wow, the RCMP is doing the bidding of the evil Orange Man administration down south.
00:17:57 What did he possibly post? Did he say that he didn't like Trump's tariffs?
00:18:01 Did he say that he doesn't like Trump's hair and the RCMP visited him? 0.98
00:18:05 No, he said he wants to shoot Trump.
00:18:08 Wow, I can't believe the police might visit this man. 0.99
00:18:11 After he said that he would like to shoot Trump if he tries to invade Canada.
00:18:16 And I know a lot of people are going to say, well, there's the modifier there if Trump tries to invade Canada. 0.60
00:18:21 Yes, but there are a lot of delusional liberals out there who think Trump is trying to invade Canada.
00:18:26 That he is, like Carney said, trying to break us so they can own us.
00:18:31 This is, what? What are you doing, National Post?
00:18:35 The actual headline should be, Newfoundland man who said he'd like to shoot Trump gets visited by the RCMP.
00:18:42 That is the actual story here.
00:18:44 There's no free speech angle to this thing. 0.59
00:18:46 I'm a free speech absolutist, but the man on social media was saying that he wants to shoot Donald Trump.
00:18:55 Okay, what do I know?
00:18:56 Maybe I don't know anything about economics or freedom of speech.
00:18:59 apparently you can actually just issue violent declarations online, and that's totally fine.
00:19:05 Again, we have people being investigated for vague hatred, and now we have the National
00:19:11 Post and liberals pretending as if this is some sort of violation of free speech that
00:19:16 a man was visited by the RCMP, not even charged, just visited, for having expressed that he
00:19:22 wants to shoot the President of the United States.
00:19:25 Okay, okay, I guess so. 0.98
00:19:27 Maybe I'm getting something wrong here.
00:19:28 anyways with all that being said thank you guys for watching the show today make sure to leave a
00:19:35 like subscribe if you're not yet a subscriber hit the join button if you want to contribute a few
00:19:40 bucks a month to the channel and help make it more sustainable for me leave a comment with what you
00:19:45 think about all this today and again thank you for watching and i'll see you all later