The National Telegraph - Wyatt Claypool - May 28, 2026


Guilbeault throws Carney Under the Bus - Many Liberal MPs upset!

Hosted by
Wyatt Claypool
Mentioned
Mark Carney Steven Guilbeault Danielle Smith Bill C-63 Elizabeth May Pierre Pauly Donald Trump Marley Hornick Don Davies
Carney’s Massive Blunder： Tells Alberta No 50+1 Vote… Now Quebec is Enraged Carney CRASH - Liberals put Canada into Recession - Media makes excuses!

Episode Stats


Length

20 minutes

Words per minute

180.54

Word count

3,649

Sentence count

143

Harmful content

Hate speech

1

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Nothing has changed, despite all the hoopla caused by Mark Carney's announcement that no Canadian pipeline will be built in the near future. In this video, we talk about why this is a bad thing, and what it means for the future of the Liberal Party.

Transcript

Transcript generated with Whisper (turbo).
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 Hey guys, Wyatt Claypool here, and welcome back to the National Telegraph YouTube channel.
00:00:06.400 Although a lot of Western Canadians are very happy to see former Environment Minister Stephen
00:00:11.860 Gilboa resign from office this summer, the funny thing is basically nothing has changed despite
00:00:18.560 all of the hoopla caused by this decision. Stephen Gilboa apparently is leaving because
00:00:25.120 Mark Carney's liberals are not committed enough to the climate and because they want to build a
00:00:30.220 pipeline and they never ran on building a pipeline. Even though the liberals are trying to make it as
00:00:36.040 obvious as possible that their MOU with Alberta Premier Daniel Smith is not going to result in a
00:00:43.180 pipeline. They are moving heaven and earth to pretend like they want to build a pipeline while
00:00:48.700 making sure it never happens. You would think Stephen would know this, but apparently he is
00:00:53.600 such a climate zealot even positively mentioning a pipeline that you're never going to build 0.71
00:00:58.960 is like like an affront to his religion it's like drawing muhammad you have drawn up a plan to build
00:01:05.840 a pipeline that will never happen and he is you know going on a jihad because of it that is
00:01:11.200 apparently how steven gilbo sees the world even just the mention of a pipeline is like offensive
00:01:18.000 to him. And so what's happened to Mark Carney here? So he's losing the environment minister
00:01:25.140 or the former environment minister. He's going to take it on the chin from the environmentalist
00:01:29.780 left who may now go vote for the NDP or the Green Party or the Bloc Québécois, depending on the
00:01:35.580 location. And at the same time, as it becomes more and more clear that Carney never intended
00:01:41.540 to build a pipeline, he is going to start ticking off what I call the business liberal community.
00:01:47.200 People who usually default to voting liberal. But if the economy gets really bad, they're kind of forced to go vote conservative. And with the economy's numbers just not being very good on pretty much any front, inflation, job numbers, GDP growth, especially GDP per capita growth, nothing is good right now.
00:02:08.460 And with no pipeline coming down the line, well, yeah, a lot of these people are going to reassess whether or not they actually think that Mark Carney is some sort of a business guru.
00:02:18.800 But in this video, we're going to go into a press conference first up here, Polly and the conservatives reacting to the news from the media that a lot of liberals are going around admitting that they have never even read the MOU and that they're not in favor of a pipeline.
00:02:32.380 And then we're going to go to some of the interviews of the exiting Stephen Gilboa, talking about how the Liberal Party has somehow like, you know, there's like a big faction of inside the Liberal Party equally as upset as he is that Carney is even talking about a pipeline.
00:02:48.820 It's all ridiculous, but we are going to get into it in a second.
00:02:52.300 But first, just going to quickly mention, if you like the channel, make sure to leave a like on the video.
00:02:57.720 Subscribe if you're not a subscriber.
00:02:59.760 Consider hitting the join button if you want to become a channel member and help make it more sustainable for me.
00:03:04.580 It allows me to cover more obscure topics without being terrified that the YouTube algorithm is going to somehow punish my channel.
00:03:12.220 Basically, it's a good defense mechanism for me to basically do whatever I want.
00:03:17.700 But anyways, with all that said, let's get into it.
00:03:21.220 Here is Pierre Pauly of reacting to a question from a reporter about the fact the Liberals have not even read the MOU they signed.
00:03:28.820 Liberal MPs are admitting they haven't even read the MOU.
00:03:31.760 What does that signal to you?
00:03:32.980 It signals to me that it's all an illusion and that Mark Carney has told them it's never going to happen anyway.
00:03:39.460 So ultimately, they believe Mark Carney was telling the truth when he wrote in his book Values that he wants to keep half of our oil and gas in the ground when he's tried to defund oil and gas.
00:03:51.040 And when he said carbon taxes should be bigger and broader, liberal MPs who share that radical net zero anti-oil and gas agenda take great comfort in knowing that the prime minister privately agrees with them on that.
00:04:02.160 now and yeah like and so why would you need to read the mou or even breeze over it if it wasn't
00:04:08.900 going to happen that's probably the attitude inside the liberal party and what you have to
00:04:12.680 understand about the liberal voting coalition although you and i would think you would be
00:04:17.240 sensible to build a pipeline it's a little bit more of a tough call inside the liberal party
00:04:22.840 like if you're a conservative government and you built a pipeline or two you're going to be really
00:04:27.640 popular, especially with your voting base. The liberals, on the other hand, they will increase
00:04:33.380 their popularity some places, and they may actually decrease their popularity other places.
00:04:39.300 They could risk losing Victoria. They could risk losing some Vancouver ridings. They could risk
00:04:44.200 losing some ridings in Montreal, Toronto, other places where being an environmentalist hack
00:04:51.060 is actually quite popular and building the economy is, you know, I don't know, a crime
00:04:56.520 against the planet in some way that is the balancing act that mark carney is having to play
00:05:02.520 and that's why he's basically done this thing where he's you know mr pipeline wanting to build
00:05:07.320 pipelines and saying yes to every pipeline that comes up at the same time he makes an mou agreement
00:05:12.760 with danielle smith that basically just says no like it's like thousands and thousands of words
00:05:19.400 just saying no because yeah you can build one but you have to get the permission of the bc
00:05:25.080 government to build it to the west coast you need first nation consultations you need environmental
00:05:30.900 consultations oh also you have to put money into the pathways project that could cost 18 to 30
00:05:36.820 billion dollars oh also you have to increase your industrial carbon tax oh also that this other
00:05:43.040 things like it just keeps going on and on so like who would even invest in building a pipeline when
00:05:48.540 it's just objectively going to be less profitable than every other country on the planet and that's
00:05:53.840 not because we just don't have a great oil and gas industry. We do. It's because new oil and gas
00:05:59.580 development is so expensive. You're going to be making like 6% profit on your investment every
00:06:04.680 year compared to what you could be making in other countries, 10, 12, 18%, because it's just easy.
00:06:11.500 The regulations are your way. You're not paying taxes for nonsensical things. But now let's jump
00:06:17.700 into the video of Stephen Gilbeau on the CBC talking about how there are other liberal MPs
00:06:25.080 in caucus who agree with his radical stance that all this talk of a pipeline is foreboding and we
00:06:32.180 shouldn't be doing it. I would argue that there are more certainly more than 14 people who are
00:06:36.560 worried about some not everything on the environment I've heard people say oh you know
00:06:41.100 it doesn't care about the environment that's not what I'm saying on nature great on climate finance
00:06:45.440 great on climate problematic on uh environmental impact assessment and the proposals that have been
00:06:50.800 made some good ideas some that i support some that i have supported as an environment minister
00:06:55.680 some that i find very worrisome so i think it's a mixed picture and i think when it comes to
00:07:01.360 certainly climate change there are a lot of people within within caucus and in our membership i've
00:07:06.000 heard from so many liberal volunteers members people at the door who will also it's not the
00:07:11.600 the number one issue right now people rightly so are worried about a number of other issues but
00:07:15.540 this idea that people don't care about don't care anymore about the environment i think is uh
00:07:20.300 is wrong and what you have inside the liberal party i would diagnose is a lot of people who
00:07:27.360 and i know some people say that like not everything is this some people genuinely
00:07:31.000 hold these beliefs no matter what it's like okay sure but a lot of these are luxury beliefs and a
00:07:36.540 lot of the liberal MPs are fairly elite individuals, and they can sit around clattering their teeth
00:07:43.060 about, oh my goodness, the planet's on fire, and did you see what Donald Trump did, and blah blah
00:07:48.520 blah, and the thing is that they use Canada more as a little puppet to play out their preferred
00:07:54.660 anti-Trump politics, their preferred anti-conservative politics, even if it's hurting the
00:07:59.660 country, but they just want to be able to sit, you know, they just want to be able to, like,
00:08:03.620 be at the signing ceremony saying that we're not going to be building any more climate-destroying
00:08:09.180 pipelines over here. That's what they dream about more than actually being at a ribbon-cutting
00:08:14.020 or something that's going to create clubs. It's just their politics these days are just genuinely
00:08:19.380 disconnected from reality. But now let's get into a couple other clips. These ones from,
00:08:25.420 Am I getting another one from CBC? Yes.
00:08:29.140 And then we will go into some CTV news clips as well.
00:08:34.560 But here is Stephen Gilbeau saying that Carney is lying about hitting net zero by 2030 and 2050 and that we can't achieve it.
00:08:41.380 I was in the seat for four years. I've been working on this for 30 years.
00:08:45.080 Looking at what we have in front of us, there is no way we can reach our 2030 targets.
00:08:51.060 Unless there's a significant shift, there's no way we can reach our 2035 targets.
00:08:56.120 And in fact, in the signed agreement with Alberta, it doesn't say we're committed to reaching carbon neutrality.
00:09:02.480 It says something like we're committed to striving.
00:09:05.780 So even the government now recognizes that we won't even be able to reach our 2050 carbon neutrality targets.
00:09:15.000 Wow, who could have guessed that, you know, we didn't want to actually push ourselves into the Stone Age to meet the targets of Stephen Gilbeau, a man whose life experience includes getting arrested for protesting at the CN Tower for, like, climbing up on it illegally.
00:09:32.360 I just want to like point out like that the NDP obviously understands there's blood in the water
00:09:37.400 here former interim NDP leader Don Davies obviously the new leaders now Avi Lewis says
00:09:43.560 liberals are abandoning climate action that's what's happening and yeah the this is actually
00:09:50.600 going to play pretty well for the NDP in the ridings that you assume it would play well in
00:09:55.360 because outside of you know like outside of Vancouver Toronto Montreal and Victoria this
00:10:01.320 is all like you know just absolute ballot box cancer but there's a bunch of by-elections coming
00:10:07.480 up in places like beaches east york and north vancouver capilano and you know a couple montreal
00:10:13.560 ridings apparently there's another bloc quebecois mp not running for re-election and he'll be
00:10:18.300 resigning in the summer that's probably a really easy uh riding for the bloc to hold but he's going
00:10:23.180 to go run for the party quebecois in quebec uh but and he'll have a very easy re-election
00:10:29.220 considering that Kearney's been now slagging the idea of separatism.
00:10:32.820 And that really gets a lot of Quebecers backs up against the wall
00:10:35.340 when you say you won't even accept a majority vote to separate.
00:10:38.820 But yeah, but now let's jump into the clip that what I'm portraying
00:10:43.260 is as good for the harder left parties of what he's saying here.
00:10:46.440 Did you think this would be the case under a government led by Mark Kearney?
00:10:51.260 And I asked that, you know, with no malice, but, you know,
00:10:55.180 many people who signed up to run for him identified him
00:10:58.760 as someone who had a particular view on climate change
00:11:01.760 and a focus on it, given his previous work.
00:11:04.980 They have conveyed to us, even Elizabeth May,
00:11:07.080 who had entertained the idea of working with the government
00:11:09.940 on many important files, said to me last night,
00:11:13.540 she thought it was a very different Mark Kearney.
00:11:16.740 Like, who is this Mark Kearney?
00:11:17.980 Do you share that sentiment?
00:11:19.040 Did you think this would be, a year later, your experience?
00:11:24.620 So I knew Mark before I knew Prime Minister Kearney.
00:11:28.760 We have worked together in the past.
00:11:32.560 If you look at our campaign platform during the last election, that platform, so commitments that we made to Canadians, mentioned climate change 28 times.
00:11:45.000 It did not mention pipeline once.
00:11:47.500 So I think rightfully so, some people, whether they're Liberal caucus members, whether they're Canadians at large, are wondering what is happening.
00:11:58.260 And I think that's where I respectfully disagree with the approach that the government is taking.
00:12:04.340 I think that the approach that it's taking is that the markets will largely tackle the issue of climate change.
00:12:11.960 And I don't agree with that.
00:12:13.660 I think the markets have a very important role to play.
00:12:15.820 We need to work with financial institutions, with investors, with corporations.
00:12:20.220 And I certainly did that as an environment minister.
00:12:22.040 But we need a mix of things to be able to both grow the economy and tackle our pollution levels.
00:12:29.880 Yeah. So basically, I guess, apparently, even Carney right now, getting Alberta to increase industrial carbon taxes on its oil and gas industry, that's not enough.
00:12:43.240 Because, like, what's he describing there? At the end, he's talking about, well, you know, we need a balance.
00:12:47.160 We need to be able to tackle pollution, but also grow the economy and all this.
00:12:50.680 It's like our economy literally shrank in the fourth quarter of 2025.
00:12:55.180 So if anything, like we are overregulated.
00:12:58.960 We can prove it because of how sluggish the economy is.
00:13:01.680 Does he need it to be even slower?
00:13:04.080 Is what Alberta Premier Daniel Smith signed up to do?
00:13:07.480 Increase her industrial carbon tax not good enough for you?
00:13:10.160 And this is the problem with working with the Liberal Party.
00:13:12.920 This is why no one will invest in Canada.
00:13:16.520 Because if you put up the money to build a pipeline, and three or four years into the process, it's not complete yet, but then the Liberal Party has a sea change, and they end up electing the more radical environmentalists, you could have the whole thing shut down.
00:13:31.120 Even knowing that these people exist in caucus means that you're not going to invest, because it's not a great investment in the first place. And there's a chance the plug could get pulled anyways. But really, again, all this is just confusing.
00:13:46.520 So Carney's not trying to build a pipeline. The caucus doesn't think he's going to build a pipeline. But because he mentioned building a pipeline, Gilboa is out. The hard left is now going to increase its vote because of this, because they are not sufficiently, you know, I guess they're not sufficiently committed to climate action enough.
00:14:06.340 but also the more right side of the liberal party the business liberals are going to start getting
00:14:12.660 a lot of dyspepsia over the fact that the liberal party it just keeps indicating and signaling
00:14:18.320 harder every time the environmentalists criticize them about all the regulations they're putting on
00:14:22.880 the industry and don't worry that we're years away from a pipeline don't worry it's never really
00:14:27.280 going to happen like what was the point of this for mark harney politically speaking this whole
00:14:33.140 thing feels just confusing and weird and like he's just sacrificing a bunch of support for like
00:14:38.940 nothing in exchange uh do i have another clip here i think i had one more clip of steven gilbeau
00:14:44.080 that i wanted to play as well oh there we go
00:14:50.960 yeah there's another one about him saying that climate policies or something has been scapegoated
00:14:59.440 If I understand some of what the government's argument is, it's basically that, you know, as you put it, government intervention is not the lever that they feel will best lead to the kind of results that you are talking about and that they are talking about.
00:15:13.540 And I ask this with great respect. Might they have put their finger on something insofar as you did pursue a lot of government intervention and government regulation, which I understand you believe is justified and necessary, but it did, you know, spark a reaction.
00:15:28.560 There are a lot of people in this country, particularly in the western part of the country, who are not upset to hear you're leaving government.
00:15:33.940 Again, I say that with respect.
00:15:35.340 I say that looking at the text board today on my radio program, right?
00:15:38.560 They are not upset because they felt polarized by what you did as minister and the former prime minister did on this file.
00:15:47.480 They felt as though it had a detrimental economic impact in particular on their part of the country, and it was isolating for them.
00:15:55.460 Might the prime minister have a point that a different approach isn't just about results on the environment, but could help with, for example, the national unity crisis we face right now?
00:16:05.100 That's a valid question.
00:16:07.200 I mean, polarization around these issues existed before I became environment minister and polarization between some people in Western Canada and their perception of what the federal government is or isn't doing or Eastern Canada isn't or isn't doing for them.
00:16:21.280 Is it like a wrong perception for people in Western Canada to believe that he helped make it harder to build a pipeline with Bill C-48 and Bill C-69?
00:16:34.520 Like, is that not a perception people can have? Like, dude, come on.
00:16:38.500 We've been around for many decades, really. We bought a pipeline in 2018, hoping that it would help to alleviate some of those tensions.
00:16:46.700 that did not help at all. We lost all of our seats in Alberta the following election. We lost
00:16:51.160 our seats in the prairies following that election. They purchased an overpriced pipeline. They
00:16:58.600 bungled the project and it was clearly just trying to placate Western Canadians so they didn't accept
00:17:04.360 it. Not help one iota with this issue of those tensions that you're talking about. I think
00:17:12.220 you know i think i was a very um convenient scapegoat for for for some people and and i think
00:17:19.100 unfortunately the issue of climate change has is now caught in this culture war that we're seeing
00:17:27.140 in in the u.s with the maga movement you know make America great again and and we're certainly
00:17:31.380 seeing it in in Canada as well and elsewhere around the world it has become this issue oh you
00:17:36.560 know we don't even believe that climate change is an issue so why why should we be doing anything
00:17:41.780 or you know canada only contributes 1.8 percent to global emissions yes but we're still one of the
00:17:47.940 10 top top 10 largest emitters of greenhouse gas in the world do you know why we are it's because
00:17:56.180 we do oil and gas development and other countries get to live vicariously through the fact
00:18:01.620 that canada does like emits so that you don't have to admit it it's like the thing is that's
00:18:08.180 That's why we should focus on global emissions if you even care about emissions.
00:18:12.200 Because at the end of the day, it's like a giant bathtub.
00:18:15.060 You can't say, well, this part of the bathtub has 1.8% of the water in it.
00:18:19.220 So let's scoop that out and put it somewhere else.
00:18:21.120 Like, you can't move it.
00:18:22.680 Either you can just find more efficient ways of using energy, or you can't.
00:18:26.640 There's no way of reducing our emissions only.
00:18:29.860 That's just not how it actually works.
00:18:31.300 If you reduce our emissions arbitrarily by making it harder to extract oil and gas,
00:18:35.740 You're just going to increase it in Texas or Qatar or Brazil or somewhere else, because that's just obviously how it works.
00:18:42.220 But apparently he doesn't understand that.
00:18:44.500 Oh, my goodness.
00:18:45.200 Well, I guess I am happy that he's leaving, even though nothing's really changing, although it kind of is changing, but not really.
00:18:53.340 It's more so just a big political mess that's happening right now.
00:18:57.740 Like, Mark Carney has lost a rhetorical war, a perception war, on the environmental front, and now the environmentalists and the business liberals are going to be mad at him in the future because they're both not getting what he wants, or what they want.
00:19:15.760 Okay, well, that's Canadian politics for you.
00:19:20.120 Anyways, with all that being said, thank you guys for watching. Like, share, subscribe.
00:19:24.640 I forgot to do this the other day. I was told one day I needed to give a shout out to the Cape Bretoners and Habagonians, I believe was the name.
00:19:34.080 And also I needed to thank the people who helped me in Vancouver make my ferry by helping me find my car in an extremely confusing parking lot.
00:19:42.420 Thank you for that. We were at a Polly event and it was at a hotel and it had like the most confusing parking lot I've ever been in my life.
00:19:48.640 but all was not lost I eventually did make it to my ferry like a minute before they would have cut
00:19:54.500 off when you were allowed to line up for it but never you mind that I finished my shout outs I
00:19:59.760 feel vindicated now that I've actually remembered that I forgot the names people helped me because
00:20:03.880 of course I did I am very forgetful even though I literally asked them twice anyways that was it
00:20:11.100 see you guys later