The National Telegraph - Wyatt Claypool - May 05, 2025


Mark Carney is already trying to run for Re-Election!


Episode Stats

Length

14 minutes

Words per Minute

180.45914

Word Count

2,539

Sentence Count

136

Hate Speech Sentences

3


Summary

Wyatt Claypool explains why Mark Carney's immigration plan is actually pretty moderate compared to Justin Trudeau's plan to increase immigration to 5% of Canada's population by the end of the 2027. He also points out that Canada does not actually need more temporary foreign workers.


Transcript

00:00:00.000 Hey guys, Wyatt Claypool here.
00:00:02.680 One thing that Conservative Canadians do need to watch out for over the next couple of years
00:00:07.460 is that it looks like Mark Carney, Canada's Liberal Prime Minister,
00:00:11.880 is already positioning himself to seek re-election.
00:00:15.800 That doesn't mean he's calling an election within the next nine months or a year.
00:00:19.760 It means that he is trying to be smart with his rhetoric
00:00:22.580 in order to hold on to as many moderate swing voters that he won in 2025 as possible.
00:00:28.660 I want to give you guys an example here of Mark Carney saying something
00:00:32.980 that sounds moderate, reasonable, or even reform-minded.
00:00:37.320 But he's not actually reform-minded in any way.
00:00:40.040 He's putting off making real reforms.
00:00:42.920 At the same time, he is going to keep going with the more radical position
00:00:47.340 that Justin Trudeau's government had before him
00:00:49.460 because it is effectively still Justin Trudeau's government.
00:00:53.020 He was Justin Trudeau's economic advisor.
00:00:55.520 But here is Mark Carney speaking on the issue of immigration
00:00:59.520 in such a way that makes him sound like almost a Stephen Harper moderate on the issue.
00:01:04.920 We will return our immigration to sustainable levels
00:01:08.160 by capping the total number of temporary workers and international students
00:01:12.700 at less than 5% of Canada's population by the end of 2027.
00:01:18.420 By the way, he sounds a lot like Pierre Polyev here.
00:01:22.240 Notice how he basically never talked about immigration during the election
00:01:26.560 because doing so would have led credence to Pierre Polyev's position.
00:01:30.380 But now he's talking about how we need reasonable caps,
00:01:33.120 bring it back down to reasonable rates.
00:01:35.440 It's a sharp drop from the recent high of 7.3%.
00:01:38.420 This will help ease strains on housing, on public infrastructure, and social services.
00:01:44.240 At the same time, we will work to attract the best talent in the world
00:01:49.260 to build our economy.
00:01:50.640 By the way, didn't immigration minister Mark Miller say that it was racist at one point
00:01:57.120 for Pierre Polyev to blame immigration for high housing costs?
00:02:01.420 It was just simple math that if you have not a lot of houses
00:02:04.880 and you have a lot of new immigrants,
00:02:08.040 naturally the cost of each unit is going to go up dramatically.
00:02:11.980 And now at least Mark Carney is acknowledging that reality.
00:02:14.800 But the key word in this press conference answer is 2027.
00:02:20.780 Why not cap it now?
00:02:22.720 Why not?
00:02:23.600 It's simple.
00:02:24.540 He could just basically decree it to be capped and it would be capped.
00:02:27.780 He could pass a piece of legislation,
00:02:29.640 but even then that is something that would have been dealt with in the PMO.
00:02:32.820 There's no law that says what the specific rate is.
00:02:35.700 He can cap it if he wants.
00:02:36.860 He doesn't want to do it until 2027 because he's probably wanting to run for a re-election
00:02:43.020 sometime in 2027 to re-roll his minority government into a majority government.
00:02:49.320 And so what he's really doing is saying everything's going to stay bad for a few more years here.
00:02:54.080 2025, 2026, and until the end of 2027,
00:02:59.060 we can have 400,000 new permanent residents entering the country every single year
00:03:04.280 to be on a pathway to citizenship.
00:03:06.140 And we can also still have hundreds of thousands of new temporary foreign workers
00:03:11.300 and foreign students entering the country as well.
00:03:13.740 And based on the liberal government's complete lack of ability
00:03:17.160 to actually make people leave when their temporary foreign worker visas are expired
00:03:21.680 or deny a renewal, I don't really believe that they're actually planning on making any changes
00:03:28.200 in 2027 because up to this point, you had to drag, kick, and pull them into doing it.
00:03:32.800 Another thing on this issue I do want to say before I move on to some other areas
00:03:36.680 where the full moderation of the liberals is kind of lying about their actual positions
00:03:42.320 is that you don't need temporary foreign workers in order to run the economy.
00:03:47.640 I know people, I've even seen it in my comments sometimes,
00:03:50.240 maybe someone who's a small business owner saying,
00:03:52.640 well, you can't actually get Canadians to work these jobs,
00:03:55.500 or you need the TFWs because small businesses require cheaper labor in order to survive
00:04:01.100 because these temporary foreign workers, in fact, do have their wages subsidized
00:04:05.700 to the tune of $3.50 an hour by the federal government,
00:04:09.500 which means that the business gets to pay them lower than what the minimum wage is oftentimes.
00:04:13.740 The problem with this is, do you know how you solve this problem?
00:04:17.340 You just cut taxes.
00:04:19.100 That is literally how you get everyone, that's how you make it better to employ a Canadian,
00:04:25.420 or really just employ anyone you want at whatever wage you want,
00:04:29.580 is if you have the money available to do it.
00:04:31.940 I always find it weird how people will have the actual problem of taxes
00:04:37.600 sort of get superseded in their mind of supporting something like the temporary foreign worker program.
00:04:43.140 So people you would assume should be very capitalistic business owners
00:04:47.200 who should care about just lowering their overtax burden
00:04:50.600 so they can spend their own money on what they actually want to spend it on.
00:04:54.100 They are then almost so beholden to the government's TFW program
00:05:00.140 that instead of criticizing the overall taxation,
00:05:02.900 they then criticize people who want to reduce the amount of TFWs.
00:05:06.640 Make it make sense.
00:05:08.400 It's so obnoxious.
00:05:09.800 But yeah, just cut taxes.
00:05:11.280 That is literally the solution to like 80% of problems in any country.
00:05:15.840 People do not have the money to solve a problem
00:05:17.660 because the government took their money to spend on dumb nonsense.
00:05:20.700 But the thing I also want to point out about this
00:05:23.920 is that when he's saying, oh, it's going to be 5% in 2027,
00:05:27.500 5% capped by the end of 2027, we'll put in place a cap.
00:05:31.280 Well, that's 5% based on the incredible amount of increased population
00:05:38.260 from permanent residents as well over the years.
00:05:42.380 Justin Trudeau at one point for two years
00:05:43.980 had broadened half a million new permanent residents a year.
00:05:47.260 And so the TFW number, it's not like it's going to be fixed at 5%,
00:05:51.940 2 million people out of 40 million.
00:05:54.540 It's going to keep going up as more permanent residents
00:05:58.300 are jammed into the country.
00:05:59.900 Again, he is not going to lower,
00:06:02.500 and he might in fact raise,
00:06:04.440 the amount of permanent residents per year.
00:06:06.460 Right now it sits at 395,000.
00:06:09.240 The Liberal government in the latter years of Trudeau's,
00:06:12.040 or the latter months of Trudeau's time in office,
00:06:14.100 lowered it from 500,000 to around 400,000.
00:06:16.480 And so we will actually have TFWs increasing still every year.
00:06:21.040 The problem in Canada is it's been too many for a long time.
00:06:24.360 It's not that if we cap it, it's okay.
00:06:26.340 The problem is if you keep the rate the same,
00:06:28.600 the problem is going to persist because it's just too much in general.
00:06:32.400 No other country brings in this many foreign workers
00:06:35.060 and lets them stay in the country for this long
00:06:37.380 outside of economies where it's like Singapore,
00:06:40.200 or we're talking about very specific parts of the US in Texas and Arizona.
00:06:45.060 But anyways, one issue I now want to move on to is the issue of energy.
00:06:50.340 Again, Mark Carney has never sounded like a Stephen Gilbeau,
00:06:54.880 the former Energy Environment Minister on the energy industry.
00:06:58.060 He hasn't openly plotted to have the energy industry be phased out
00:07:02.080 because it's destroying the planet.
00:07:03.800 He has always sounded a little bit more moderate
00:07:05.540 that we have to support the Canadian energy industry.
00:07:08.900 But does he actually want to do that?
00:07:10.200 So one thing he did that makes him seem like a moderate,
00:07:13.860 although I consider him a faux moderate,
00:07:15.880 is getting rid of the consumer carbon tax.
00:07:18.480 He supported it for years,
00:07:19.980 even at some point had basically attacked the Conservatives
00:07:22.940 for being against the consumer carbon tax
00:07:24.760 when he was the economic advisor.
00:07:26.700 But now he's gotten rid of it and a bunch of people gave him credit.
00:07:29.540 Oh, Paulie, I've never got rid of it.
00:07:31.220 Yeah, he wasn't in government, goodness.
00:07:33.760 Anyways, so with the consumer carbon tax though,
00:07:36.340 he seems moderate.
00:07:37.560 Look, he lowered the price of gasoline at the pump.
00:07:41.820 But do you know what he's planning on doing
00:07:43.980 in which they mentioned this in the press conference?
00:07:47.300 Raise the industrial carbon tax.
00:07:49.800 He is going to basically compensate for the fact
00:07:52.340 that the consumer carbon tax went down
00:07:54.060 with the industrial carbon tax.
00:07:56.140 So people are losing the rebate they got
00:07:58.460 on the consumer carbon tax,
00:07:59.960 which at least covered some of the costs they were incurring
00:08:02.220 from paying the consumer carbon tax,
00:08:03.980 both on their gasoline and everyday products.
00:08:06.340 But they're going to lose that.
00:08:07.620 But then the industrial carbon tax
00:08:08.980 is going to come up to compensate for it.
00:08:12.040 And then you're not going to get a rebate on it.
00:08:13.520 So prices will go back up
00:08:14.980 without you even getting a rebate.
00:08:17.040 Another thing he wants to do
00:08:18.260 is he wants to put in place a cap and trade system
00:08:20.980 on our oil and gas industry,
00:08:23.120 which is going to be extremely toxic
00:08:25.700 for the profitability of the energy industry
00:08:28.160 in the long run
00:08:29.340 and will probably result again in higher prices.
00:08:32.800 Because a cap on your actual production
00:08:35.320 is also going to reduce your profitability,
00:08:38.120 which is effectively a tax through regulation.
00:08:41.140 And then what he wants to do is another carbon tax,
00:08:45.280 which he calls the carbon border adjustment,
00:08:48.000 where he's putting a carbon tax
00:08:49.860 on any country's imports
00:08:51.520 that are produced in a place
00:08:53.720 that doesn't have a carbon tax.
00:08:55.120 It's stupid.
00:08:56.340 He tries to justify this saying,
00:08:57.620 well, it would be unfair
00:09:00.660 that we pay an industrial carbon tax in this country
00:09:03.400 and other countries don't have to pay
00:09:04.960 an industrial carbon tax
00:09:06.140 and are selling stuff into our country.
00:09:08.060 One, he sounds a lot like Donald Trump
00:09:09.880 when he claims things like that.
00:09:11.620 And two, how about we just get rid
00:09:13.220 of our own industrial carbon tax?
00:09:15.160 Apparently, countries that don't have one
00:09:17.320 can still trade freely into our country.
00:09:19.280 And he justifies it saying,
00:09:20.960 well, we didn't have an industrial carbon tax.
00:09:23.180 We couldn't trade with the European Union
00:09:25.840 and other trade blocs like that.
00:09:29.120 That's nonsense.
00:09:30.420 How does the US, how does Russia,
00:09:33.560 how does China, how does India
00:09:35.820 sell things into the EU
00:09:39.400 and to the United Kingdom without carbon taxes?
00:09:42.300 What a concept.
00:09:44.080 But the thing is,
00:09:44.640 he can hold these two contradictory thoughts in his mind
00:09:46.780 that places that don't have it are undermining us
00:09:49.440 because their industry is able to act
00:09:51.620 to be able to produce more efficiently
00:09:53.160 without having to pay a carbon tax.
00:09:54.740 And that's unfair.
00:09:55.400 At the same time,
00:09:56.360 we need to burden our industry with it
00:09:57.920 because the EU won't buy from us
00:09:59.620 even though the EU buys from countries
00:10:01.240 without an industrial carbon tax.
00:10:03.580 Again, faux moderation.
00:10:05.920 Through his mouth,
00:10:06.740 you will see Mark Carney saying a lot of faux moderate things.
00:10:09.940 At the same time,
00:10:10.940 his actual policy,
00:10:12.280 which he sometimes expresses,
00:10:13.880 but in vague terms like a carbon tax
00:10:19.220 or a border adjustment,
00:10:20.320 a carbon border adjustment,
00:10:21.780 it sounds moderate or it doesn't,
00:10:23.620 you don't really see what it's going to do.
00:10:25.220 But his policy is going to be as bad as Justin Trudeau's.
00:10:29.280 But Mark Carney has been better at pretending that he is a serious-minded businessman
00:10:34.120 who's here to support the economy
00:10:35.900 and, you know,
00:10:36.820 defend Canada against tariffs.
00:10:38.640 By the way,
00:10:39.900 Donald Trump's putting a 100% tariff
00:10:42.220 on any basically entertainment products,
00:10:44.860 films,
00:10:45.600 television shows
00:10:46.440 that are made outside of the United States.
00:10:48.740 And I think that's a stupid policy.
00:10:52.640 But the funny thing is,
00:10:53.920 I'm seeing Canadians then say,
00:10:56.120 this is why we need to fund the CBC harder.
00:10:59.440 And it's like,
00:10:59.780 what are you talking about?
00:11:01.020 You're basically just describing
00:11:02.760 the same policy as Trump from a different angle.
00:11:06.020 He wants to put a tariff
00:11:07.340 on outside films
00:11:08.960 and television shows.
00:11:10.500 And what you want to do
00:11:12.260 is you want to try and force companies
00:11:15.240 in order to pay more for Canadian things.
00:11:18.880 They must show more Canadian television shows.
00:11:20.820 They must play more Canadian music.
00:11:22.660 They must have more Canadians working on their film projects.
00:11:27.380 It is still just an extra cost
00:11:29.940 on filmmakers and film distributors.
00:11:33.200 It always blows me away
00:11:34.780 how people can see these two things.
00:11:36.760 One's an extremely stupid idea from Donald Trump,
00:11:38.900 which is true.
00:11:39.440 And then one is the same thing
00:11:41.120 that Canada's been doing for decades,
00:11:43.180 but just basically making producers
00:11:45.320 pay through different means.
00:11:48.820 Make it make sense.
00:11:49.880 It's so obnoxious.
00:11:51.240 But yeah, on many of these issues,
00:11:52.900 this is what it's going to be like.
00:11:54.860 Carney is going to spend $130 billion
00:11:57.060 in new spending over the next four years.
00:11:59.840 But don't worry, guys.
00:12:01.140 He has enough way of finding efficiencies.
00:12:03.760 He's going to try and get rid of duplicate programs,
00:12:05.860 which is also something that
00:12:06.720 Paulio would have been roasted for
00:12:08.220 if he said he was going to cut duplicate programs.
00:12:10.700 But don't worry, guys.
00:12:11.840 The spending doesn't matter
00:12:12.800 because he wants to get in there
00:12:14.380 and audit all the wasteful spending in government.
00:12:17.620 One, I doubt he's really going to do it seriously.
00:12:20.120 I doubt he's going to find
00:12:21.240 the $23 billion in savings
00:12:23.780 that he's promised.
00:12:25.000 It's not going to happen.
00:12:26.520 And again, he's pretending like
00:12:28.000 he's putting us on a more
00:12:29.160 fiscally stable pathway forward.
00:12:31.240 Trudeau's government got criticized
00:12:34.800 for a $62 billion deficit.
00:12:37.680 His new spending, at the very least,
00:12:40.000 I believe, is going to be making it
00:12:41.840 like $86 billion deficits.
00:12:44.620 And again, he's acting like
00:12:46.200 he's the more fiscally conservative one
00:12:48.340 taking over for that, you know,
00:12:50.580 that radical crank, Justin Trudeau.
00:12:53.300 Anyways, though, that should be it for me today
00:12:55.660 in this video, guys.
00:12:56.840 I might have another one coming out later.
00:12:58.380 I'm trying to make a video that goes over
00:13:01.060 all of the different ridings in Canada
00:13:03.560 and where there was really good bright spots
00:13:05.320 for the Conservatives
00:13:06.220 and how the Liberals kind of pulled out
00:13:08.460 this victory in terms of,
00:13:10.020 and I can kind of spoil the thesis right here.
00:13:12.440 The Conservatives actually won massive swings
00:13:15.160 in certain ridings.
00:13:15.920 They would sometimes have a 40% swing
00:13:17.940 to win a riding that they hadn't won
00:13:19.920 literally since the 1930s.
00:13:21.800 Whereas the Liberals,
00:13:23.140 they mostly gained seats from just stealing,
00:13:26.720 not like stealing in terms of like
00:13:28.340 rigging, obviously,
00:13:29.080 but they were taking NDP ridings
00:13:31.360 in places like downtown Vancouver
00:13:32.820 and downtown Toronto.
00:13:34.360 And then the few Conservative ridings
00:13:35.900 they flipped were historical swing ridings
00:13:38.240 where the Conservatives won it by 4% last time,
00:13:40.640 Liberals won it by 5% this time.
00:13:42.220 So it's a 9% swing,
00:13:43.660 but it's nothing compared
00:13:44.860 to how the Conservatives have gained ground
00:13:46.620 in areas that were considered untouchable
00:13:49.140 for them as of a couple of years ago.
00:13:51.980 But anyway, so hopefully you look forward to that.
00:13:55.040 Hopefully I can get that produced pretty quickly.
00:13:56.820 I don't want to make it exhaustive,
00:13:58.120 like a documentary,
00:13:59.160 but just something that's informative.
00:14:02.240 Pronunciation.
00:14:03.260 Anyways, see you guys later.