The National Telegraph - Wyatt Claypool - Mark Carney's cheap PLOY to get Reelected - Do-Nothing Bill C-5

00:00:00.000 Hey guys, Wyatt Claypool here.

00:00:03.160 Recognize that Prime Minister Mark Carney and his Liberal government are already running for re-election right now.

00:00:10.140 It is what purely motivates pieces of legislation like Bill C-5, the Major Projects Act.

00:00:16.540 They don't actually want to get anything done, they just want Canadians to perceive that they want to get stuff done

00:00:22.560 in order to keep more moderate voters voting Liberal.

00:00:25.980 I think that they actually didn't expect the Conservatives to vote for it.

00:00:30.900 I think they wanted Bill C-5 to get defeated in the House of Commons by a combination of the NDP, the Bloc Québécois, and the Conservatives.

00:00:38.580 So then Mark Carney could have gotten up and said, well, I was trying to save the economy,

00:00:43.220 well, I was trying to approve new mines, pipelines, and oil and gas projects,

00:00:47.260 but it was those hypocritical Conservatives, New Democrats, and Québécois MPs that stopped me.

00:00:54.580 And so now that the Conservatives have helped the Liberals pass this piece of legislation,

00:00:59.980 which is bad, by the way, but not bad in the sense that it's like a censorship law,

00:01:04.700 it's bad in the sense that it's a stupid law,

00:01:07.620 and Cabinet could have always rushed projects through the regulatory process,

00:01:12.000 and this was all just a way of Carney pretending to be more serious than he really is.

00:01:17.200 Now Carney actually has to deliver, because just today the Senate passed it,

00:01:21.820 and now it is the law of the land.

00:01:24.580 So Carney is now probably, in my opinion, going to go into political games mode

00:01:29.800 in order so that he doesn't actually approve any pipelines, oil and gas projects, or mines,

00:01:35.880 because he is walking a very thin political tightrope.

00:01:39.740 And at the moment, it's probably working for him.

00:01:41.900 There's a lot of people who think that he's this, you know, fiscally conservative,

00:01:45.820 but socially, you know, more center-left prime minister.

00:01:49.660 The man is left.

00:01:50.900 I think he is more politically pragmatic,

00:01:52.680 and he knows the sorts of things he has to say and do in order for people to at least vote for him,

00:01:58.740 maybe not love him, but think that he's the right man for the job.

00:02:02.340 And so what he doesn't want to have to do is approve any oil and gas projects,

00:02:06.300 and lose the environmental portion of his party to the new Democrats,

00:02:10.240 but he also doesn't want to make it seem like he is so beholden to those people

00:02:14.060 that he has a much, he has all the center-right people who may have voted conservative

00:02:17.740 go back over to the conservatives.

00:02:20.760 So I want to break down some of the stuff going on with Bill C-5 here,

00:02:24.400 and the various sort of, I guess, pieces on the chessboard that Carney is moving around

00:02:30.480 to, again, try and make it seem like he is the pro-energy candidate.

00:02:36.620 At the same time, he absolutely is trying to make sure that no project actually gets approved.

00:02:42.580 But before I get into it, guys, I just want to remind you,

00:02:45.600 if you like my political coverage, make sure to like this video,

00:02:49.120 subscribe to the channel if you're not yet a subscriber.

00:02:51.260 We're trying to get to 100,000 by mid-December of this year,

00:02:54.220 and leave a comment on what you think about this whole, I guess, ordeal that we're probably going to go through.

00:03:01.660 First off, I just want to quote from this article from the Western Standard.

00:03:05.540 I will be linking it in the description below as well as pinned at the top of the comments.

00:03:10.400 The writer of this article, I think, has done a very good job pointing out a major flaw with Bill C-5.

00:03:16.460 Again, there are a lot of things salted within it to make sure that it never actually causes a project

00:03:22.560 to get approved unless Carney actually likes it.

00:03:25.820 So, you know, green energy projects are going to be approved ASAP.

00:03:30.200 Every wind farm, every solar installation that Carney has brought,

00:03:35.220 he'll probably use Bill C-5 to rush it through the regulatory process.

00:03:40.380 But if it's an energy project, if it's a mine, if it's litter, if it's a pipeline,

00:03:44.860 if it's anything that is, you know, something that an Albertan would actually like,

00:03:49.240 suddenly things like this are going to start jumping in front of the expedited approval.

00:03:55.940 So this writer here, who actually has a lot of experience in the oil and gas industry,

00:04:01.280 I forget the guy's name.

00:04:02.300 You'll have to go look at it afterwards, but great article.

00:04:05.100 He says,

00:04:05.560 And by the way, it also in the bill says it wants to basically hold to the standards of UNDRIP,

00:04:22.040 which are even worse than the standards of Section 35.

00:04:25.060 But the writer goes on to say,

00:04:26.780 There are more than 30 years of Supreme Court rulings about Section 35

00:04:31.580 that have been completely ignored by Bill C-5.

00:04:35.240 The issue addressed repeatedly by the Supreme Court

00:04:38.780 was not the respecting of rights, but the adequacy of consultation.

00:04:43.060 The court ruling bore down insistently on the specific issue of consultation

00:04:47.620 and consistently ignored the hand-waving about respecting rights,

00:04:51.700 e.g. Chippewas, all these other sorts of, I guarantee, 0.99

00:04:57.260 like all these other cases have gone on.

00:04:59.240 The writer then says,

00:05:00.280 Having spent five years of my life on such consultation,

00:05:03.180 I am not sure how the government will square the concept

00:05:05.680 of urgently advancing projects with that consultation.

00:05:09.440 Consultation takes time because the answer to legitimate questions

00:05:12.900 often don't come until the final stages of the project's design.

00:05:15.940 This legislation, as written, is begging for another slapdown

00:05:19.640 from an appellate court.

00:05:21.940 Unless, of course, Mr. Carney can successfully sell his vision

00:05:24.880 to the nine existing justices of the Supreme Court,

00:05:28.400 but to even suggest such a thing as to invite the umbrage of the Chief Justice.

00:05:33.120 So yes, what this piece of legislation has within it,

00:05:36.740 saying it wants to get projects approved faster,

00:05:40.000 is saying, but Indigenous bands can hold them up as long as possible.

00:05:43.400 So how is this different than the current state of affairs?

00:05:48.060 Plus, Bill C-69 isn't out of the way, Bill C-48 isn't out of the way,

00:05:53.060 and now we have Premier David Eby saying,

00:05:56.200 Oh, of course I'm in favor of projects.

00:05:58.240 He's not in favor of projects at all.

00:06:00.300 His NDP government is very anti-oil and gas.

00:06:03.780 But at the same time, he's smart enough to recognize

00:06:06.680 that there is no chance that Mark Carney is going to get

00:06:10.620 any of the federal regulations out of the way

00:06:12.440 that are going to make these projects viable.

00:06:14.940 Because Eby is saying, I'm totally fine with projects

00:06:17.240 as long as the private sector is supporting them,

00:06:19.720 supporting these projects themselves.

00:06:22.220 And as Peter McCaffrey points out here,

00:06:24.740 Eby now says he's fine with the pipeline

00:06:26.620 as long as it's privately funded rather than government subsidized.

00:06:30.120 Great!

00:06:30.860 But unless he also now supports repealing all the federal laws

00:06:33.960 that make a privately funded pipeline impossible,

00:06:36.900 this is meaningless.

00:06:38.440 And that's exactly what's going on right now.

00:06:41.120 Eby is basically talking out of both sides of his mouth

00:06:44.080 the way that Mark Carney is.

00:06:45.460 Oh, of course I'm in favor of a pipeline.

00:06:47.500 Do you want to deregulate and lower taxes

00:06:50.180 and get rid of the industrial carbon tax

00:06:51.820 and move the consultations out of the way

00:06:54.580 so we can actually start laying down the pipeline?

00:06:58.160 No, no.

00:06:59.200 Well, the private sector is going to have to deal with that,

00:07:01.280 or it's not an economically viable project.

00:07:03.960 Even though no project could be economically viable

00:07:06.960 with all the extra hoops the oil and gas companies

00:07:09.700 have to jump through

00:07:10.480 in order to get these things off the ground.

00:07:12.220 You will have five major oil and gas companies

00:07:14.680 all come together for projects like this.

00:07:17.280 And even all five of them combined

00:07:19.200 cannot put forward the money

00:07:20.920 to actually get this project across the finish line

00:07:23.500 with all of the hurdles in their way.

00:07:25.780 It's not because the projects aren't viable.

00:07:27.740 They're extremely viable.

00:07:29.100 It's just that when you can always build a higher hurdle

00:07:32.060 that somebody cannot cross unless they think 0.96

00:07:34.480 these companies truly have unlimited money

00:07:36.520 and they don't have a profit motive to work on.

00:07:39.720 Here is then David Eby speaking on this just,

00:07:43.220 I believe, yesterday.

00:07:45.080 Basically, again, trying to weasel out

00:07:47.960 of the idea of actually having a new pipeline.

00:07:52.060 So here, I'm just going to quickly jump over to this clip.

00:07:56.620 Sorry about this.

00:07:57.260 I'm fumbling a bit.

00:07:58.980 Here's him addressing this topic.

00:08:00.840 Today, Premier Daniel Smith in Alberta said

00:08:03.080 she believes she's five weeks away

00:08:05.180 from finding a proponent to build a pipeline

00:08:07.940 from Alberta to BC's coast.

00:08:10.240 If she's able to find a proponent

00:08:12.560 and that proponent pays for the pipeline in its entirety,

00:08:16.880 would you support that bitumen pipeline

00:08:19.920 going through British Columbia

00:08:21.320 to a port of Prince Rupert?

00:08:23.480 Well, Richard, I guess some of my frustration

00:08:26.600 about this issue is that there is no proponent.

00:08:30.020 There is actually no project here.

00:08:32.420 I went through a list that reflects

00:08:34.580 probably in excess of $50 billion

00:08:36.860 of investment in Canada and in our country

00:08:40.500 where there are proponents,

00:08:42.580 where they are well through

00:08:43.900 or are on the verge of being complete

00:08:46.560 through environmental assessment processes

00:08:48.560 where support from the federal government

00:08:51.240 will benefit not just British Columbia,

00:08:54.600 but also Alberta and the Yukon.

00:08:57.120 And I think that's where our attention should be

00:08:59.080 on the shovel-ready projects that are ready to go.

00:09:01.600 Next, we'll head to the phone lines

00:09:02.860 with Katie DeRosa from CBC.

00:09:05.260 I just, you didn't answer Richard's question

00:09:07.700 about whether you support a privately funded

00:09:10.540 or entirely privately funded pipeline.

00:09:14.240 Can you clarify your position on that?

00:09:15.900 Yeah, I did.

00:09:16.380 I won't speculate.

00:09:18.000 There is no project.

00:09:19.620 There is no proponent.

00:09:21.280 And as a premier of a province

00:09:22.540 with literally almost $50 billion

00:09:24.820 of projects with proponents

00:09:26.600 that are ready to go

00:09:27.480 that are in approvals processes

00:09:28.640 that will benefit Alberta, the Yukon,

00:09:31.380 and all Canadians,

00:09:32.500 I strongly encourage the federal government

00:09:34.100 to pay attention to those projects

00:09:36.440 and help us deliver those projects

00:09:37.660 that are ready to go.

00:09:38.380 And see, this is the Weasley move

00:09:40.720 that he is pulling.

00:09:42.140 The idea is that when he's asked,

00:09:43.600 even hypothetically,

00:09:44.540 if there is a project that is ready to go,

00:09:47.500 would you say yes?

00:09:48.540 And he's saying, well, there is no project.

00:09:50.340 Well, there's no project

00:09:52.140 because your government

00:09:53.840 up until the last five seconds has said no.

00:09:56.980 And so he is preemptively saying no

00:09:58.860 because they don't have a plan together.

00:10:00.500 How am I supposed to approve something

00:10:01.740 if there's no plan?

00:10:02.840 So he's using this strategic ambiguity

00:10:05.600 to prevent the oil and gas companies

00:10:07.720 from even trying

00:10:09.140 because this guy's clearly not a stable partner.

00:10:12.660 And uncertainty is terrible

00:10:14.720 in private sector business

00:10:16.540 because you're not the government

00:10:17.840 who can just tax people harder

00:10:19.240 when a project's cost skyrocket

00:10:21.220 because the people you're working with

00:10:22.920 are impossible

00:10:23.660 and the BC government

00:10:24.860 is impossible to work with.

00:10:26.360 And this is what Mark Carney

00:10:28.080 is going to also use

00:10:29.200 in order to hold up projects.

00:10:30.740 He has the consultation angle,

00:10:32.160 he has the environmental assessment angle,

00:10:33.740 and then he has the provincial government angle.

00:10:36.160 I guarantee we're going to get

00:10:37.140 into a stalemate here

00:10:38.080 where Carney is saying,

00:10:39.620 well, you know,

00:10:40.860 where E.B. is saying,

00:10:41.700 well, Carney won't back the project

00:10:42.880 and Carney's saying,

00:10:43.540 well, I'm not going to back the project

00:10:44.520 because E.B. is not backing the project

00:10:45.720 and both of them

00:10:46.440 are just going to be using each other

00:10:49.000 or passing each other off

00:10:50.140 as the real one

00:10:50.940 that's not getting the project approved.

00:10:54.120 So Carney can always just say,

00:10:55.860 well, the provincial government

00:10:56.820 won't sign off on the project.

00:10:58.400 That's why I'm not fast tracking it.

00:11:00.040 And then the company

00:11:01.100 won't put forward the money

00:11:02.060 because it's not going to get fast tracked.

00:11:03.740 So then E.B. can say,

00:11:04.620 well, see, the company

00:11:05.380 won't even propose something seriously,

00:11:06.740 so I'm not going to say yes.

00:11:08.960 This is a stupid political game.

00:11:11.000 And again,

00:11:11.820 from the liberal side of things,

00:11:13.520 they are doing this for re-election.

00:11:15.740 It is the appearance of seriousness

00:11:18.180 without ever actually having

00:11:19.400 to do something serious.

00:11:21.020 And again, like E.B. was saying there,

00:11:22.580 well, there's 50 other projects

00:11:23.900 for me to approve,

00:11:24.880 and I think we should start with those first,

00:11:26.600 which may include some mines,

00:11:28.440 but it's going to be green energy projects.

00:11:30.680 It's going to be other

00:11:31.420 big infrastructure projects

00:11:32.840 that are obviously able to get funded

00:11:35.800 because the government subsidizes them,

00:11:37.920 because the government

00:11:38.640 has been encouraging them.

00:11:40.480 It's funny whenever I hear

00:11:41.740 that something's economically unviable

00:11:43.500 when it comes to mines

00:11:44.720 or oil and gas projects

00:11:45.980 or pipelines,

00:11:46.860 when in fact it's the government

00:11:48.180 who walks into the room,

00:11:49.320 executes the project,

00:11:50.420 and wonders why it's not moving.

00:11:52.040 It's almost like

00:11:52.920 the amount of taxes they pay,

00:11:54.480 the amount of regulations

00:11:55.480 they suffer under,

00:11:56.440 make it so that it's difficult

00:11:58.100 to do this

00:11:58.680 for specifically

00:12:00.240 only their industry.

00:12:01.740 It's not hard to get approval

00:12:03.380 for a green energy project,

00:12:05.660 and you're going to get subsidized

00:12:07.300 to do it too,

00:12:08.240 and they buy your energy

00:12:09.480 at a massive loss to taxpayers.

00:12:13.480 It's nuts.

00:12:14.260 I've talked to people

00:12:15.180 who work in the energy trade

00:12:17.460 in terms of the actual

00:12:18.780 buying and selling of energy

00:12:20.680 onto grids and whatnot

00:12:22.180 from the companies to the public,

00:12:24.380 and while, yes,

00:12:26.840 wind and solar power

00:12:28.500 are bought onto the grid

00:12:30.160 technically at the same price

00:12:32.200 that natural gas would be

00:12:33.660 or coal was back in the day,

00:12:35.720 that's not actually how it works.

00:12:38.120 Yes, the actual unit of energy

00:12:40.160 is only bought at a flat rate

00:12:42.240 for everybody,

00:12:43.380 but do you know that wind companies

00:12:45.920 and solar companies,

00:12:47.320 they actually get

00:12:48.580 a specific amount of money

00:12:50.640 for each unit of distance.

00:12:52.580 I forget if it's meters

00:12:53.900 or it's kilometers or whatever,

00:12:55.760 for each unit of distance

00:12:57.420 that they have to run

00:12:58.400 a big copper wire

00:12:59.640 from that installation

00:13:00.600 to a power station,

00:13:02.240 they get extra money.

00:13:03.720 So green energy projects

00:13:05.260 are incentivized

00:13:06.120 to be as inefficient as possible

00:13:07.720 so that they get to collect

00:13:09.080 as much money as possible

00:13:10.400 for the distance

00:13:11.220 that they actually are

00:13:12.260 moving the energy.

00:13:13.980 That is why government sucks.

00:13:16.540 You have projects

00:13:17.460 which are set out to fail

00:13:19.780 because they get more money

00:13:21.560 to fail from the government.

00:13:22.860 You can't make it up.

00:13:24.780 This is why, in essence,

00:13:26.720 you will have on a grid,

00:13:27.880 I'm making up numbers here,

00:13:29.040 but I'm just trying

00:13:29.400 to give you guys like an idea.

00:13:31.740 In Alberta,

00:13:32.520 you'll have natural gas

00:13:34.200 be bought onto the grid

00:13:35.620 at 10 cents a megawatt.

00:13:38.020 And then you will have like solar,

00:13:41.240 so natural gas,

00:13:41.980 10 cents a megawatt.

00:13:43.200 Solar will be bought

00:13:44.440 at 40 cents a megawatt

00:13:45.880 when you actually include

00:13:47.500 the other costs

00:13:49.300 on top of the flat rate

00:13:50.780 10% to buy it onto the grid.

00:13:53.520 This is becoming a bit

00:13:54.540 of a video about everything.

00:13:55.980 But yes,

00:13:56.940 I hate the regulatory systems

00:13:59.180 of the government.

00:14:00.520 And this is, again,

00:14:01.680 what Carney is doing.

00:14:03.000 He's not going to brush away

00:14:04.360 all this nonsense

00:14:05.300 out of the way

00:14:06.200 of the oil and gas companies

00:14:07.460 in order for them

00:14:08.180 to actually be able

00:14:09.040 to confidently put forward

00:14:10.620 their money for a project.

00:14:11.840 He is going to stay ambiguous

00:14:13.440 so that if a project

00:14:15.280 doesn't get approved,

00:14:16.300 well, it's their fault.

00:14:17.080 It's the oil and gas company's fault

00:14:18.140 or it's this indigenous group's fault

00:14:19.660 or it's this environmental group's fault

00:14:21.180 or the company just didn't have

00:14:23.080 a good enough plan

00:14:23.880 because he knows

00:14:25.220 there's enough people out there

00:14:26.420 who will say that

00:14:27.280 because Bill C-5 exists,

00:14:28.660 the major projects acts exist,

00:14:30.220 he's serious about economic growth

00:14:31.900 and it must have been the company

00:14:33.260 because the media

00:14:34.100 is going to back him up.

00:14:35.340 Now, that doesn't mean

00:14:36.240 it's going to work.

00:14:37.900 I think there are a lot of voters

00:14:38.880 who will catch on to the game,

00:14:40.740 but at the very least,

00:14:41.840 I'm relaying out the strategy

00:14:43.660 to his game.

00:14:45.520 Anyways,

00:14:45.740 so that should be it

00:14:47.400 for this video, guys.

00:14:48.760 I will be probably covering

00:14:50.040 Bill C-5 more in the future

00:14:51.800 whether projects get approved or not

00:14:53.940 and there is always a chance

00:14:55.160 that he does approve

00:14:56.100 some form of a project.

00:14:57.560 I know Wab Canoe

00:14:58.400 is in favor of a pipeline

00:15:00.240 to the Hudson's Bay.

00:15:01.840 At the end of the day, though,

00:15:03.340 that guy is very much

00:15:05.000 a reconciliation industry politician

00:15:07.220 and if indigenous groups

00:15:08.480 start to protest,

00:15:09.700 he will do absolutely nothing

00:15:11.620 to oppose them.

00:15:12.560 There are just way too many ways

00:15:14.720 of blocking projects,

00:15:15.880 having different indigenous groups

00:15:17.480 in a concurrent fashion

00:15:19.080 start to,

00:15:20.420 or like one,

00:15:21.300 like I think it's not concurrent,

00:15:22.780 but like, you know,

00:15:23.160 the one after another thing

00:15:24.160 that they can just keep

00:15:25.360 challenging pipelines

00:15:26.440 and then they can,

00:15:27.520 one group can challenge it

00:15:28.460 for a year

00:15:28.840 and then another group

00:15:29.600 can challenge it for a year

00:15:30.620 and then an environmental group

00:15:31.780 can take them to court.

00:15:32.920 It's not going to end

00:15:33.980 until the government

00:15:34.800 stops it outright

00:15:36.100 and Bill C-5 does not do it

00:15:37.940 and it's good again

00:15:38.740 that the conservatives voted for it

00:15:40.280 because Mark Carney

00:15:41.260 should have to fail

00:15:42.040 on his own merits,

00:15:43.040 not simply fail

00:15:44.140 because the conservatives

00:15:44.840 wouldn't support him.

00:15:46.080 He's gotten their support,

00:15:47.160 now he has to deliver.

00:15:48.780 So anyways,

00:15:49.560 that should be it for me today, guys.

00:15:51.300 See you later.

The National Telegraph - Wyatt Claypool - June 27, 2025

Mark Carney's cheap PLOY to get Reelected - Do-Nothing Bill C-5

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