The National Telegraph - Wyatt Claypool - Mark Carney FOLDS - Admits Fake Pipeline Will NEVER Happen!

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

00:00:06.420 You might be getting the impression these days that Prime Minister Mark Carney isn't very good

00:00:11.340 at this, and that's because he's not very good at this. He wanted to pretend like he was really

00:00:17.880 going to build a pipeline and hopefully string people like Albertans along for multiple years

00:00:23.980 of a pipeline just being right around the corner, just put up with his nonsense for a few more

00:00:29.840 months. And the entire thing fell apart within just a week because Mark Carney does not have

00:00:36.940 a poker face at all. He thinks he's a negotiating shark and should be able to best people like

00:00:43.300 Donald Trump with US trade negotiations, but he can't because he has no ability to actually hide

00:00:49.840 his real intentions. In just a second here, we got to get to a couple press conferences.

00:00:54.560 There was one that took place a couple days ago, and then one that was yesterday at the Vancouver Board of Trade.

00:01:02.040 Both were disasters.

00:01:04.160 Both revealed that Carney, again, has no intention of building a pipeline.

00:01:09.680 And I don't think it actually takes much commentary from me to convince you of that.

00:01:14.600 It will just take me playing the clips.

00:01:17.000 At this point, the only thing that Canadians need to know to understand that Carney's a fraud is just to see one of the clips.

00:01:25.900 But anyways, before we get into this today, I just want to remind you guys, if you like the channel, make sure to leave a like on the video.

00:01:33.760 Subscribe if you are not yet a subscriber.

00:01:36.500 Consider hitting the join button below the video and becoming a contributor to the channel.

00:01:41.220 It allows me to be more sustainable with the channel and not rely as much on the YouTube algorithm.

00:01:46.040 them. And of course, leave a comment in the comment section about what you think on all this.

00:01:52.200 Anyways, let's get to the first to the press conference from a couple days ago,

00:01:56.300 where Mark Carney again is asked about, you know, potential problems around a pipeline.

00:02:00.740 And his manner of dealing with questions around difficulties basically just confirms the fact

00:02:07.860 that he has no backbone and will basically just melt down as soon as anyone actually gives

00:02:14.760 resistance to this his fake pipeline plan yeah so uh basically they're asking about private sector

00:02:21.480 backing i have to check i was playing the right clip here in november you said if there's no

00:02:25.240 private sector proponent there wouldn't be a pipeline through bc is that still your government's

00:02:30.840 is that still your government's position um the uh yeah there's there's a variety of um

00:02:36.600 uh let me say a couple things one is that the the mou with alberta which is now an

00:02:42.040 implementation agreement has moved to that phase, has a variety of aspects to it. The pipeline is

00:02:48.000 one interconnects with British Columbia is a big element here. Nuclear power pathways change to

00:02:56.000 changes to structure the renewable markets in Alberta changes to clean electricity regulations

00:03:02.400 as well across Canada. You will notice that he has not answered the question yet. They're just

00:03:06.780 asking that if there's no proponent by November, does the deal fall through? And that's true if

00:03:11.960 there is no proponent by November. I actually think it's basically mid-October or something

00:03:16.640 like that. He's just going to pull out of the whole thing. And it's like, well, okay, well,

00:03:20.900 what are you going to do to make sure there's a proponent? That's kind of what the journalist

00:03:24.200 is hinting at here. So you're basically saying by November, you'll just kind of abandon this

00:03:29.680 whole thing if a proponent doesn't pop up, even though you've done nothing to actually

00:03:33.860 incentivize any oil and gas company to actually want to build a pipeline, considering all of the

00:03:39.940 prerequisites that he's put on to this deal that we will be getting to in just a bit carbon pricing

00:03:46.040 huge range of things pathways carbon capture okay all of that methane regulations all and all of it

00:03:52.380 interconnected which makes the possibility of the pipeline now in terms of pipeline to uh uh to asia

00:03:59.600 the problem is it doesn't make it possible for oil and gas companies what he's naming is stuff

00:04:04.800 that makes it more likely that he would sign off on it. The Pathways project, the carbon tax

00:04:11.220 increase, all of this stuff does not make it a more attractive option for private companies.

00:04:17.940 This makes it less attractive. It makes it more attractive for him. But typically, if something

00:04:22.980 is attractive for government, it's not attractive for the private sector. And he's just going to sit

00:04:27.160 there and say, well, there wasn't any interest if November rolls around and we don't have a private

00:04:31.100 proponent yet. And again, he said it's Alberta's job to go find the proponent, which basically

00:04:37.460 means the Canadian government is not going to help at all. They're not going to give any loans out

00:04:43.240 to make sure that the pipeline actually gets built, because with the high cost of construction

00:04:47.680 and a lot of the wariness that private companies are still going to have around all of the

00:04:52.540 requirements, the prerequisites that Carney put on them, you think they would at least want a

00:04:57.380 government incentive to be able to construct the thing with a little bit of

00:05:01.120 taxpayer support so that they don't get absolutely destroyed on the other end

00:05:05.320 when it turns out that the profitability of a pipeline can't is not nearly what

00:05:09.580 it is in like Texas, Brazil, Qatar, or somewhere else.

00:05:13.580 But I'll let him finish up here.

00:05:16.920 We expect a private sector, you know, Albert is the proponent of that

00:05:21.560 and to bring a private sector engagement and proponent to it,

00:05:28.700 we now move to that phase of development.

00:05:33.420 It's really easy to get a proponent as Alberta Premier Daniel Smith

00:05:38.040 when you're not the Prime Minister and you can't exactly make any promises.

00:05:43.360 You see what I mean when I say that when you actually investigate

00:05:46.760 for more than five seconds what Carney is doing here,

00:05:49.740 it's obvious he doesn't want a pipeline. If you wanted a pipeline, you would go get it as the

00:05:55.740 prime minister. You would just say, hey, I just want any proposal to come directly to me. I'm

00:06:00.700 going to look them over, figure out what we can do to make this work for you while also respecting

00:06:05.280 taxpayers. He would put himself in the forefront of this project. He's putting himself at the back

00:06:11.140 of the bus so that nobody notices him when the entire project blows up. He's just going to try

00:06:16.420 like blame daniel smith and albert like oh well you know they didn't get a proponent and he's

00:06:21.620 already bending and buckling to premier david eby in british columbia uh i want to get a we'll be

00:06:28.580 jumping over to what uh to his meeting with david eby in just a second here where he absolutely

00:06:34.180 bends over backwards to please one of the least popular premiers in the entire country but here

00:06:39.300 was him at the vancouver board of trade where he talks about what needs to be in place in order for

00:06:44.260 him to approve a pipeline which is literally impossible he is not going to get all these things

00:06:50.420 but that's the point he is putting impossible tasks in front of danielle smith hoping that she

00:06:55.940 will actually just waste her time doing it and then she'll take all the blame at the end of the

00:07:00.100 day because oh my goodness you didn't get first nations on board oh my goodness david eby didn't

00:07:04.340 like it oh my goodness you didn't get a private proponent who wanted to potentially lose money

00:07:08.820 on a venture now as you may have heard we're also advancing discussions on a potential pipeline to

00:07:14.900 transport at least 1 million barrels a day of low emission alberta crude to asian markets you know

00:07:21.300 he's the prime minister if you want to make it go from a potential pipeline to a guaranteed pipeline

00:07:26.740 he could literally do that today not by signing anything or spending anything but just simply

00:07:32.340 guaranteeing companies that i will get rid of bill c48 and i will get rid of bill c69 which

00:07:38.420 should be easy because he's the prime minister of a majority government not a very legitimate one

00:07:44.420 but he has a majority he can't get rid of those two bills that would immediately flood in a bunch

00:07:49.460 of energy development dollars in canada ah that'd be difficult the pipeline will only advance thank

00:07:58.260 you there we go i'd like to welcome the pathways uh to uh this the pipeline will only be advanced

00:08:11.060 with the following prerequisites being met the first is the building of path i accidentally

00:08:18.260 deleted that somehow just a second here never let anyone tell you i'm i'm competent i am not

00:08:25.380 confident i am very incompetent but i got the screen back up i just have to quickly pause to

00:08:29.860 to bring back up the the video i wanted to uh this the pipeline will only be advanced with the

00:08:37.620 following prerequisites being met the first is the building of pathways renamed the oil sands alliance

00:08:44.180 this is the world's largest carbon capture utilization and stores storage project it will

00:08:49.620 will make Alberta oil amongst the lowest intensity, carbon intensity per barrel produced,

00:08:55.320 in other words, on a scope one, scope two basis.

00:08:58.680 Another way of saying it's going to cost companies $15 billion over, like, I think,

00:09:03.860 the next 10 years or something.

00:09:05.340 Secondly, it requires that British Columbians, British Columbians should share substantial

00:09:11.080 economic and financial benefits from projects that include or impact them.

00:09:15.840 And thirdly, it requires fully respecting Canada's duty to consult under Section 35 of the Constitution.

00:09:24.840 Non-negotiable.

00:09:27.840 Of course, the people on the Board of Trade starts clapping.

00:09:30.840 Yes, endless consultations, reconciliation industry money.

00:09:35.840 Consultations in Canada with First Nations does not mean that you just like, you know, pop into their office and say,

00:09:42.840 hey guys we're thinking of building a pipeline that cool with you do you like that and they're

00:09:47.000 like yeah well i'm not really like oh well we're gonna have to do it anyways it'd be like going

00:09:53.240 and saying can we please have some more can we please have a more more pipeline and then they're

00:09:59.960 like no and then you have to like you know shuffle off and look like you know sad because that's the

00:10:05.720 final answer in canada these days if first nations don't like it well you're kind of screwed because

00:10:11.160 if this goes to court, you're probably going to get some pretentious liberal judge who believes

00:10:15.960 that they are serving true justice by blocking projects that are good for Canadians just to

00:10:21.820 benefit the ego of like a band of like 300 First Nations. Literally, most bands only are like maybe 0.60

00:10:29.520 maximum a couple thousand people, usually just a few hundred, and usually not even half of them

00:10:35.020 live on reserve. Yet we literally have so much of our policy dictated these days, especially in

00:10:42.260 British Columbia, where I'm currently sitting, because I'm about to go into the legislature here

00:10:46.800 to work with Dallas Brody. Everything in British Columbia is dictated by UNDRIP and DRIPA and all

00:10:52.980 the stupid treaty agreements that they signed that give massive amounts of power over. It's just 0.99

00:10:59.180 ridiculous but again he has the power to blow past all this stuff he could do it but he doesn't want

00:11:06.240 to because he doesn't want the pipeline like that that's that's the comedy through line here he 0.92

00:11:10.400 doesn't want the pipeline that that's what's going on everything is just dish gallop it's just wasting

00:11:16.360 your time getting to nowhere because he doesn't want to get into anywhere and that includes whether

00:11:24.360 to designate the project being in the national interest that includes the conditions placed on

00:11:31.720 the project and it includes ensuring indigenous economic benefits partnerships and opportunities

00:11:39.720 for co-ownership co-ownership so what we're going to do is potentially require companies

00:11:48.600 to give first nation bands along the way partial ownership over the pipeline partial profit sharing

00:11:56.520 like what is that that's not something that would happen in any other country who in their right

00:12:03.000 mind would invest in the pipeline in canada when you have to do profit sharing and there's all

00:12:08.200 these hoops to jump through simply to get to the designation of a project of national interest

00:12:14.200 We're not talking about, like, a pipeline in the ground.

00:12:17.800 We're talking about there's a piece of paper on Mark Carney's desk saying this might be a project of national interest.

00:12:23.820 I'll think about actually approving a pipeline in the next 50 years now.

00:12:27.920 That is what he's basically talking about there.

00:12:30.340 It's just, it's truly maddening that people think that this guy is some sort of business guru because he once worked at Goldman Sachs.

00:12:38.780 Anyways, I want to move on to now just a couple other clips.

00:12:42.980 one from maybe let's start with the meeting with David Eby and then we will go to another

00:12:51.560 we will go to the Board of Trade kind of little fireside chat yet after where he said something

00:12:57.120 else that was truly ridiculous but here is Prime Minister Mark Carney alongside Premier David Eby

00:13:03.600 where David Eby basically dominates the whole conversation because Mark Carney

00:13:08.140 does not have a spine to stand up to the left.

00:13:12.300 David Eby is going to insult Alberta

00:13:14.160 and basically talk down the pipeline,

00:13:16.420 and Carney is not going to cut him off at all.

00:13:19.580 He and I will be meeting to discuss BC's priorities.

00:13:23.320 My priorities for this meeting

00:13:24.940 are the major projects we have here in British Columbia

00:13:27.740 that can really deliver for all Canadians.

00:13:30.820 I don't think I have to tell the Prime Minister,

00:13:34.300 I think he's well aware of the rupture

00:13:36.320 that we faced with our biggest trading partner and how it's showing up here in british columbia

00:13:40.400 and the need for us to work together to respond to that and i know the british columbians have

00:13:44.400 seen the prime minister's leadership on this very point of strengthening our national economy

00:13:49.360 ensuring we can stand on our own two feet and we are all grateful to have a prime minister that

00:13:53.600 stands up to people who threaten our sovereignty and threaten our economy it is crucially important

00:14:00.080 now notice the rhetorical little shift he's going to make because he's kind of implying that

00:14:04.080 But the general implication is he stands up against Donald Trump, who threatens our sovereignty.

00:14:10.780 He really doesn't, but whatever, that's the narrative. Fair enough.

00:14:14.480 He's now going to do a little twist and start talking about how people like Alberta are threatening our sovereignty.

00:14:20.420 You know, from my perspective in British Columbia, we are ideally suited to meet this moment.

00:14:29.100 We've been working for years to develop projects that deliver the resources that people need, that they're looking for around the world,

00:14:37.740 whether it's our mining sector, our clean energy sector, our life sciences sector, I could go on.

00:14:43.440 And there's no doubt in my mind that the prime minister is a friend to British Columbia.

00:14:49.420 And an important part of friendship is telling each other the truth.

00:14:52.920 And part of the truth for British Columbia is that that development work that we're doing of developing our economy

00:14:58.260 has to go hand-in-hand with environmental protection for the next generation,

00:15:02.900 including the North Coast tanker ban.

00:15:05.360 That is crucially important for British Columbians,

00:15:08.080 protecting our pristine North Coast, as well as ensuring we have that balance.

00:15:12.360 I know the Prime Minister shares those values too.

00:15:15.940 When I think about what I'm hoping for out of this meeting,

00:15:21.220 it's a fair share for British Columbia of federal investment

00:15:24.640 that the Prime Minister is committed to for this country,

00:15:26.720 and a fair share of federal enthusiasm for the projects that we're bringing forward.

00:15:31.860 And that's why I'm glad that the prime minister and I have agreed to enter into negotiations on BC's priorities going forward.

00:15:41.120 It will be an important discussion because together we're going to be building the critical infrastructure,

00:15:48.140 the clean energy projects, the critical metals and minerals projects.

00:15:53.140 Now, I can cut him off right there. But what you'll know he's done in previous press conferences is he's attacked Alberta as undermining the sovereignty of Canada because they're threatening separatism if they don't get what they want.

00:16:08.020 And right here, not only is he whining and complaining as if Mark Carney hasn't given him enough attention, he has given him a fine amount of attention.

00:16:18.360 And he's just mad that Daniel Smith is even rhetorically getting anything, even though the pipeline is years and years away from happening and probably not going to happen at all.

00:16:29.180 And then notice what he did there. He immediately shut down the idea of having a pipeline get built to the north coast, the port of Prince Rupert, where it would be the most effective at actually exporting oil to places like Asia.

00:16:43.900 we're going to immediately cut the pipeline down to its knees because we are not going to actually

00:16:50.500 build the pipeline to the more strategic port of prince rupert we're going to build it to

00:16:55.140 burnaby along a tract where other pipelines are already going and the port is already very busy

00:17:01.300 and apparently would need upgrades to deepen the port to let bigger tankers through like that's a

00:17:07.600 much more cumbersome, long-term, and less profitable venture than going to the Port of

00:17:13.640 Prince Rupert that can already handle this sort of stuff. But that's the whole thing. It's sabotage.

00:17:19.340 David Eby is trying to sabotage the project. And by the way, Carney wants him to sabotage the

00:17:25.040 project. He wants an excuse to say no. Now, I don't think Carney wanted the whole project

00:17:29.760 to blow up this fast. He wanted it to be a controlled burn. And maybe sometime next year,

00:17:35.580 he can say that, well, Daniel Smith messed it all up. I was trying to help the project go through,

00:17:40.320 but she just couldn't get the private proponents, the funding for this whole thing. And it's really,

00:17:46.600 you know, her threatening separatism also wasn't really good for bringing in proponents.

00:17:52.020 That's what he wants. But the whole thing is that it's all going up a little bit too fast because

00:17:56.560 all of these different individuals have been attacking the project, David Evey, the First

00:18:03.220 Nations, environmental groups, and so Kearney is already having to reiterate, oh, I'm not going to

00:18:08.220 do the project unless they all agree. It's like, okay, so you're saying there's no project because

00:18:12.120 Coastal First Nations said no, who, again, is not a real band, but he recognizes it a band.

00:18:18.160 David Eby said no, a bunch of environmental groups said no, even a bunch of his own MPs

00:18:23.200 have said no. Gregor Roberts, the former mayor of Vancouver, who's the housing minister,

00:18:28.720 is privately against the agreement he signed with Danielle Smith.

00:18:32.460 And we think this is going to go through in any way.

00:18:35.980 Okay.

00:18:36.840 Well, anyways, now we need to go to the Board of Trade fireside chat 0.74

00:18:41.140 because Mark Hardy says something truly ridiculous here.

00:18:45.920 You mentioned the MOU, and you have a meeting after this meeting to go.

00:18:50.880 I'm sure that will be on the agenda when you talk to Premier Evie.

00:18:54.560 Many business leaders in British Columbia are very supportive of the MOU, but there are some challenges.

00:19:01.280 There is not an agreed to pardon route. There is some opposition from some First Nations leaders.

00:19:07.060 When you look at that situation, but also combined with what we were just speaking about, major projects and the need to accelerate timelines,

00:19:14.560 how do you navigate the complexities that exist in British Columbia?

00:19:17.620 Well, the first is you commit to, you show up. So you show up with Coastal First Nations,

00:19:25.860 as I did a few months ago, and colleagues have been doing, including very much our BC

00:19:32.020 ministers in caucus. And Wade Grant, I see he's over here. Yeah, there he is, as well. So we're

00:19:37.780 all represented here. So you show up, you listen, you learn, you...

00:19:41.300 Wade Grant used to be a Muscleum Band Council member, by the way, as well as was an Indigenous

00:19:46.580 Affairs Advisor to Premier Christie Clark like a decade ago, then he's been in a bunch

00:19:51.000 of other activist positions.

00:19:53.160 Even though he knew about the Musqueam Agreement coming down the pike that has completely undermined

00:19:59.020 people's land title in the Lower Mainland, he decided to say nothing because the man 0.95

00:20:04.140 is a complete weasel.

00:20:06.800 You iterate.

00:20:07.800 That's number one.

00:20:08.800 You sit down, you talk regularly with the Premier here, and you sit down and you work

00:20:13.500 through.

00:20:14.500 secondly you adjust to what people want again go back to what people want but

00:20:23.520 you do as well make clear that look we're the federal government it's a big

00:20:28.840 country there's lots of things going on life's about time management I'm touched

00:20:34.060 that you all allocated your time to come and listen to me this morning I hope

00:20:37.180 you're not regretting it yeah but if if if things get stalled here we're going

00:20:44.800 to be spending more time elsewhere in the country because we need to move

00:20:49.240 forward we need to invest at scale in the country we need to for all the

00:20:54.760 reasons I mentioned affordability sustainability independence and

00:20:58.480 prosperity and so all of that is all of that involved I would say that did you

00:21:05.080 hear what he just said there what he basically just said is that if there's hold-ups to the

00:21:10.760 pipeline project well mark carney is going to go pursue projects elsewhere so his threat to the

00:21:17.000 coastal first nations is that if you whine and complain enough about the project i'm just going

00:21:21.880 to go pursue projects in ontario and by the way bc's already gotten a bunch of projects approved

00:21:27.320 they probably wouldn't care if they wouldn't get any new projects because unlike what david eby

00:21:32.200 saying that they've been heavily prioritized and they've been given a lot of approvals for fast

00:21:36.120 tracking of projects many of them got really big deals because they were things that were already

00:21:41.400 uh you know in development and he's just fast tracking the last stage of them or whatever

00:21:46.200 but overall though i actually don't think that the leftists in british columbia care too much about

00:21:52.520 if they get one extra mine or not they're anti-mining in general they don't really care

00:21:57.240 about another LNG terminal. They don't really like oil and gas. So isn't that just threatening

00:22:03.360 them with a good time? That's what I feel like Mark Carney's trying to do. He's trying to signal

00:22:08.640 to the First Nations, to David Eby, if you just keep basically hurting this project by delaying

00:22:15.520 it a little bit and delaying it a little bit here and there, and you walk away from the table a few

00:22:19.820 times, I'll just be like, oh, this thing's unworkable. And I'll go over to Prince Edward

00:22:24.480 island and i'll pursue a project there i'll go to ontario or i'll go to new brunswick like okay well

00:22:30.340 it sounds like they now have a roadmap to making sure the project never happens because you've just

00:22:34.460 admitted that you have no patience you have no fight back you're not going to do anything to

00:22:41.060 them that would make them fear you as the prime minister you're just going to acquiesce this guy

00:22:47.240 what claw machine did he get his business degree and economics degrees from did he just like fake

00:22:53.640 his resume, and we're all just misremembering that he used to be the governor of the Bank of

00:22:58.340 Canada. Like, my goodness, well, this guy thinks he was going to negotiate with Donald Trump.

00:23:04.120 And you can actually see the pretentiousness in him that thinks he was going to be able to

00:23:07.580 negotiate with Donald Trump on US trade. He's pretentious. He thinks that sophisticated talk

00:23:13.980 is how you get deals done. And he sees Trump as a non-sophisticate. And of course, I should be

00:23:19.460 to run rhetorical circles around Trump. And that hasn't happened because it turns out being a

00:23:24.600 pretentious dweeb doesn't get deals signed. It doesn't get pipelines done. And this is kind of 0.78

00:23:32.620 his plan when it comes to pipelines. That's the funny thing. He's upset these days he can't get

00:23:37.720 a deal with Donald Trump because he thinks Trump's an idiot and he should be able to get a deal with 1.00

00:23:43.120 this guy. At the same time, he's playing dumb and he's being a dweeb when it comes to the pipeline 1.00

00:23:47.380 to make sure it doesn't get done. It's like, Carney, these two things are connected. Your 0.98

00:23:51.640 dweebishness does not go away once it's about Trump or a pipeline. You're the same guy in both

00:23:59.680 situations. You can't get it done because you weren't capable of ever getting it done.

00:24:04.400 Oh my goodness. Anyways, that should be it for this video, guys. I hope that you understand

00:24:10.340 what I mean when I say that Carney wants to be Mr. Pipeline, keep saying yes to a pipeline.

00:24:15.760 At the same time, he keeps outsourcing saying no to every other group under the sun, and probably a few barn animals are involved in this.

00:24:26.480 A few zoo animals probably get veto as well, because everyone gets a veto.

00:24:30.360 He is the Oprah of giving vetoes over pipelines to people.

00:24:34.360 It's even worse than Justin Trudeau at this point.

00:24:37.500 He's so obvious.

00:24:38.880 He doesn't want to build a pipeline.

00:24:39.920 He'll keep saying yes to a pipeline, but he'll keep making sure that it will never actually get done.

00:24:45.760 Oh my goodness. Anyways, so like, share, subscribe, do all that fantastic stuff for the channel. I appreciate you guys all a lot, but now I have to go to work and somehow the BC legislature is less frustrating than this. Pray for me anyways, people. Anyways, okay. See you guys all later. Bye.

The National Telegraph - Wyatt Claypool - May 21, 2026

Mark Carney FOLDS - Admits Fake Pipeline Will NEVER Happen!

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