The National Telegraph - Wyatt Claypool - Mark Carney's Fake expertise and Lies are catching up with him!

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

00:00:02.980 Prime Minister Mark Carney is fantastic at putting himself between a rock and a hard place.

00:00:10.200 The Liberal government has achieved so little that even the minor mistakes that Mark Carney has been making have been amplified in their effect.

00:00:19.160 Right now, Mark Carney has been jet-setting around the world to accomplish... I don't know.

00:00:24.920 And this would normally be something people wouldn't care about if the Liberal government was at least getting some policy victories.

00:00:32.940 And when I say policy victories, I'm not saying things that I even like.

00:00:36.860 Just something that they could market to the public as a substantial good, even if under the surface it's not an actual good policy.

00:00:44.640 The thing is, their Major Projects Act so far has been a big dud.

00:00:48.100 The five projects they announced aren't really five new projects.

00:00:51.420 Many of them are old projects or minor expansions to already existing projects.

00:00:56.340 They've been screwing up on the gun buyback, which is just a gun grab.

00:01:00.420 The trade has been dealt with terribly.

00:01:02.600 The Palestinian state recognition has been embarrassing.

00:01:05.860 And so, now with Carney going around the world, he's under increased scrutiny because what else is there to deflect on that's actually positive?

00:01:14.800 So, in this video, I want to talk a little bit about the jet-setting, and then I want to get to Pierre Polyev, the leader of the Federal Conservatives, new video going after Carney.

00:01:25.260 I think he's getting his footing quite well in how to take down Mark Carney.

00:01:30.260 And hopefully, if there is a new election soon, I actually think that Polyev 2.0 is up for the task of beating him.

00:01:37.280 In this last election, I think that what happened to Polyev is what happened to someone like Andrew Scheer.

00:01:44.000 Andrew Scheer probably could have made a very good prime minister, but too many advisors were advising too many contradictory things, and so the election campaign ended up being so default-feeling, you just kind of let the other side win.

00:01:56.840 But Polyev is actually moving to the right on many policies.

00:02:00.340 Some things are controversial, but that's a good thing.

00:02:02.900 You want attention, and then you want to prove you're right on those issues.

00:02:06.500 That's actually how you get forward momentum, not just saying things that nobody could possibly disagree with.

00:02:11.900 A lot of these things that Polyev's talking about, tons of people agree with him on, but they were things that the media has told you not to touch, like immigration, like gender theory, all that sort of thing.

00:02:22.800 Anyway, so before I get into all the news, guys, if you like the show, make sure to leave a like on this video.

00:02:29.040 Subscribe if you are not yet a subscriber.

00:02:31.140 However, I am trying to hit 100,000 subscribers by the end of this year.

00:02:36.600 The cord got stuck.

00:02:37.940 Or I owe all my friends dinner, and they want to go to a Brazilian steakhouse, and I'm probably going to be out $600 or something like that.

00:02:44.980 So if you don't want to have me pay for my friend's dinner, make sure to subscribe or somehow befriend me so I technically owe you dinner if I fail to achieve my goal.

00:02:55.020 So make sure to subscribe if you're not a subscriber, leave a comment, helps us on the algorithm, and I do enjoy going through and seeing what people are saying.

00:03:03.980 But let's start off with this headline from the Globe and Mail, an article written by Robert Fyfe, and it says,

00:03:11.800 Now, we're going to read a little bit from this article, but let's be very clear, there's no point to any of these trips.

00:03:26.240 They are simply talking.

00:03:27.940 And the thing is that Mark Carney likes to do that a lot.

00:03:30.860 It's a lot of this kind of fluff talk that works really well in the business world when you can write off all your expenses and you're not being scrutinized by taxpayers.

00:03:39.100 But when you're the prime minister and it's a very high-profile visit that a lot of people are paying attention to and nothing comes of it, you're going to take it on the chin, and rightfully so.

00:03:48.140 So this article says,

00:03:50.420 Prime Minister Mark Carney has defended his international travel schedule, saying meeting world leaders is important to furthering the government's agenda on trade, security, and investment.

00:04:00.800 Carney was in London Friday and Saturday, his fifth trip to Europe since being sworn in as prime minister last March.

00:04:07.000 He has also made two trips to the U.S., and he visited Mexico earlier this month.

00:04:11.660 Quote,

00:04:11.940 It's not just you sign a nice agreement and then something happens, Mark, Mr. Carney told reporters on Saturday during a press conference at the High Commission in London.

00:04:21.000 Quote,

00:04:21.460 No, you actually have to do the work to meet with the leaders to make sure the work's being done.

00:04:26.420 You have to mark progress as it's being done, which is what we're doing with these various European leaders.

00:04:32.340 What does this even mean?

00:04:34.660 What does that even mean?

00:04:36.140 You can't just go and sign an agreement.

00:04:37.740 Sometimes you have to go and talk because progress or something like that.

00:04:43.580 We're getting stuff done, and if you don't see anything happening, that's just the smell of progress.

00:04:49.440 You just don't get it.

00:04:50.640 You're not a sophisticate like Mark Carney.

00:04:52.460 You don't understand what drinking champagne and eating oysters with Keir Starmer really does for a country. 0.90

00:04:59.120 All this is just so silly, and the liberals should really just put him back in the country.

00:05:03.940 Especially with his elbows-up narrative, you'd think he'd spend more time in Canada, and none of this is actually getting us trade agreements.

00:05:11.460 We talk about trade, but the U.S. is undermining us everywhere we go, not in a malicious way.

00:05:17.740 They're simply signing better deals that gets these countries basically confirmed to want to basically purchase a certain minimum amount of energy from the U.S.

00:05:26.960 or a certain amount of cars from the United States, whereas we're just signing agreements saying, we should trade more.

00:05:32.680 You know, I should bring a cup of sugar over to your house every once in a while, right?

00:05:36.660 And we're like, yeah, kind of.

00:05:38.540 They don't have to do it, but they might think about it, I guess.

00:05:41.280 It says, while in London on this trip, Mr. Carney met British Prime Minister Keir Starmer and attended the Global Progress Action Summit, a gathering of center-left policymakers and leaders from several countries.

00:05:56.240 He also held meetings with an investment professional and had one-on-one discussions at the summit with Prime Ministers of Australia, Iceland, and Spain.

00:06:05.280 Oh, no doubt we are making a lot of money now, but it goes on to talk about Peer Polyev, but we don't need the article to tell us about this because we will go through it ourselves.

00:06:16.880 But before we get on to the jet-setting comments, I want to highlight this chart that I didn't show the other day.

00:06:23.540 I've talked about the issue, but I think this is a good way of showing it.

00:06:27.280 This is Conservative Party leader Peer Polyev saying,

00:06:30.060 The promise, quote, we will build the fastest-growing economy in the G7, Mark Carney.

00:06:35.880 The result, and this is the second quarter of 2025, Carney's economic record, Canada versus G7 countries.

00:06:43.540 And this is raw GDP, by the way.

00:06:45.600 This isn't even our, this isn't not even per capita.

00:06:50.640 Now, it may improve as the year goes on, but naturally we are still performing worse than everybody else.

00:06:56.940 Raw GDP, which is what the Liberals always cited as their metric of success, which is foolish because, you know, per capita matters more.

00:07:05.540 I care more about if the individuals are doing better, not just is the economy generally growing.

00:07:10.860 And right now, Canada, up in the second quarter, is down 1.6% in our GDP, a bit behind Germany's negative 1.1%, Italy's negative 0.3%, and everyone else is growing.

00:07:22.420 France, the UK, Japan, the US are all growing.

00:07:26.240 Some of them not growing, maybe fast enough to keep up with inflation, and it's not super great.

00:07:31.620 But, you know, I'd rather be Japan with 2.1% or even France with 1.3% than Canada at negative 1.6% in a time when we are still flooding the country with new migrants. 1.00

00:07:44.880 It's ridiculous how these people cannot take their foot off the gas, even while this is obviously not going very well.

00:07:52.160 But here is another comment from Mr. Polyev on the specific trips that Carney has been taking.

00:07:58.460 He says right here,

00:08:00.280 Prime Minister Carney returns from Mexico with nothing other than another fake deal with quote-unquote dialogues, quote, elevating our partnerships, unquote, and quote, orient joint action.

00:08:13.140 Committees will meet, talk will be spoken, pictures taken.

00:08:18.040 We've had free trade with Mexico for three decades.

00:08:20.540 Today's visit adds nothing but photo ops.

00:08:22.620 This was from a few days ago, but he has been commenting further on this matter because this is an actual big problem.

00:08:30.260 This is a big pressure point right now for the Liberals.

00:08:34.220 And here is another video of Polyev recently at a press conference that I'm going to play.

00:08:41.520 And then later on, I'm going to go to his new video directly going after Mark Carney in like a very campaign-esque way.

00:08:48.480 As for this business of investing, okay, this is nothing new.

00:08:54.260 I encourage you all to go look back at the video reel of the Liberal ministers and of Justin Trudeau's 2015 election campaign.

00:09:02.520 These investments have been put off for far too long.

00:09:06.040 They're vital if we want to grow the economy.

00:09:08.880 And what happened over those 10 Liberal years?

00:09:11.220 The per capita GDP in Canada was the worst of any G7 country.

00:09:15.660 Then after COVID was over, they began spending on deficit dollars on things unrelated to COVID.

00:09:24.660 And they said it was an investment.

00:09:27.900 What happened?

00:09:29.000 Our GDP per capita grew at the lowest rate in the G7.

00:09:34.020 And we had the worst inflation in 40 years.

00:09:36.800 And by the way, a 2.2% increase in per capita GDP from 2015 to 2024 means that it basically didn't grow.

00:09:46.720 In fact, we actually are backtracking because we have not kept up with inflation.

00:09:51.360 We are worse off than we were 10 years ago.

00:09:55.020 Mark Carney is repeating the same Liberal talking points of the last 10 years,

00:10:00.200 claiming that when he borrows and spends, it is an investment.

00:10:04.800 And that's why today I'm announcing a new approach to how we manage the budget.

00:10:10.300 And the essence of this is to spend less and invest more.

00:10:15.740 The definition of insanity.

00:10:17.840 Well, even that's purely contradictory.

00:10:19.960 There's no, the government does not invest.

00:10:22.600 There are investment funds the government sometimes puts money in,

00:10:25.220 but that's not what he's talking about at all.

00:10:27.000 He's not trying to start some sovereign wealth fund or anything.

00:10:29.800 What Carney is talking about is, let's translate, let's simplify the flowery language.

00:10:36.660 We need to spend less.

00:10:38.260 We are going to spend less to spend more.

00:10:40.620 We are going to spend less money and spend more money.

00:10:43.760 It is a contradictory statement.

00:10:45.660 We are going to spend less to spend more.

00:10:49.840 That's it.

00:10:50.540 And with all these mandates he's supposedly putting on his ministers to find 15% savings

00:10:56.520 within their department over the next few years, they're never actually going to do it.

00:11:01.040 It's just something to say to finance bros in Toronto to seem somewhat fiscally responsible.

00:11:07.260 But they've pushed the timelines out so far that they're never going to do it before the next election,

00:11:12.460 but they are working on it.

00:11:13.660 And even if they start doing it, they're just going to shift money to different areas.

00:11:18.520 Those people who are working worthless jobs in one department will simply be moved to another

00:11:24.040 department to continue doing that useless job, but under a different banner.

00:11:29.020 Well, let's keep going with this video.

00:11:30.520 ...is doing the same thing over and over and expecting a different result.

00:11:35.740 Frankly, the only difference between Mark Carney's deficit spending and Justin Trudeau's

00:11:40.280 is that Carney's is much higher and much more irresponsible.

00:11:44.200 We need to unlock the free enterprise system where businesses have low taxes,

00:11:50.600 fast permits, access to markets so that they can build.

00:11:54.360 We should have the fastest building permits anywhere in the world so that money-making

00:11:58.660 projects that create wealth for our people can be unleashed.

00:12:04.100 I'm going to pause this video here.

00:12:05.920 We don't need to see the rest of it because I do want to, for the sake of time, move on to

00:12:09.540 the other video, but here is something where I will give Peer Polyev a lot of credit.

00:12:14.600 It's a different-sounding Polyev.

00:12:16.400 It's Polyev 2.0, and it's not like his message is different, like his polar opposite to before

00:12:22.720 the general election.

00:12:24.080 Again, before the general election, it wasn't like it was bad.

00:12:26.320 I definitely voted for him.

00:12:27.460 I really liked him.

00:12:28.860 During the election, it was like too many advisors, again, got into the kitchen and were

00:12:32.480 telling him too many things.

00:12:33.420 And the stump speeches ended up starting to feel very robotic and samey.

00:12:38.220 And I know you kind of have to give the same speech to two different crowds, although you

00:12:43.040 always have to remember that your real crowd is on television.

00:12:45.920 It's on the videos you're going to cut of the speeches after.

00:12:48.820 And by giving the same speech from, you know, the East Coast to the West Coast, you don't

00:12:53.200 really have...

00:12:54.160 It kind of makes it feel like you're not gaining momentum.

00:12:56.460 You're just kind of moving at the same speed.

00:12:59.340 But all you have today is saying many of the same things in a far better way.

00:13:04.260 We aren't saying we got to, you know, cut the taxes, stop the crime and stuff like that.

00:13:09.380 That started getting repetitive.

00:13:11.040 You can do that a little bit.

00:13:12.380 In a leadership race, we need to say, we need to ax the tax.

00:13:15.700 We need to do this, do that.

00:13:17.420 If you want fast stump speeches, because you're running around the country selling memberships

00:13:21.020 as fast as possible.

00:13:22.440 Over the long run, people start to get sick of that sort of thing.

00:13:25.220 It's one of those Saul Alinsky's rules for radicals.

00:13:29.500 It doesn't have to do with, like, you know, communist tactics.

00:13:33.140 It's just a good basis point to kind of...

00:13:35.360 They're good rules.

00:13:36.600 Effectively, anyone can use them, you know, try and use them for good.

00:13:39.780 But a tactic that drags on too long becomes a drag.

00:13:43.680 And that works the same way for rhetoric.

00:13:46.580 Rhetoric that is used too often ends up becoming boring, or you almost start getting nauseated

00:13:52.820 by anything you've heard too much.

00:13:54.240 And I've even told Polyev's team, a really good model to follow is a Ross Perot model

00:14:01.340 from the early 90s when he was running against George H.W. Bush and Bill Clinton, and then

00:14:07.060 Bush and Bob Dole.

00:14:09.500 Not Bush and Bob Dole.

00:14:10.720 Clinton and Bob Dole.

00:14:12.320 He would take a little wooden pointy stick, and he would take a board like mine, and he

00:14:16.220 would point at the board and teach you a lesson about what's going on.

00:14:19.380 And I think that if Polyev now kind of enters more of a teacher role, where he's going to

00:14:23.900 actually break down all of the areas of policy that are not working, and how would the actual

00:14:30.740 economy expand if we did this?

00:14:32.740 And why is specifically deficit spending holding our country back?

00:14:36.780 Because so many people think, like, oh, it's like a credit card.

00:14:38.940 Sometimes you just have to pay it off in the future, and it's good for today.

00:14:41.500 But why is it going to be harming us, even in the near future, if we deficit spend too

00:14:46.080 much?

00:14:46.700 That's something where you should do a breakdown, where it's just a five-minute video, Polyev

00:14:50.860 with a little pointy stick, pointing at a board, and showing the expanding, basically

00:14:55.580 debt servicing costs every single year with Polyev's spending trajectory.

00:15:00.320 That our debt servicing is going from a few percentage of the budget every single year,

00:15:04.180 and it might be double digits if we keep letting this guy do it this way.

00:15:08.220 But now, after that long-winded rant, let's get over to the new video that Polyev just

00:15:14.680 released recently, going after Mark Carney's, like, basically nonsense, doing-do-nothing

00:15:22.060 kind of style of leadership so far.

00:15:24.760 And again, reminder, if you like the show, make sure to subscribe if you are not yet a

00:15:29.280 subscriber.

00:15:30.460 Prime Minister, it's me, Pierre Polyev, the guy you've been dodging in question period,

00:15:34.660 trying to avoid questions about how inflation, debt, crime, housing costs, immigration, and

00:15:42.460 tariffs are much worse today than when you were elected, promising to make them all better.

00:15:47.540 You've been avoiding accountability by jet-setting around the world on expensive trips to faraway

00:15:53.780 places.

00:15:54.340 Let me be clear, I don't regret anyone as a leader for reaching out and building ties,

00:15:59.800 but it's just that you don't get any results.

00:16:01.400 In fact, you have the reverse Midas touch.

00:16:04.860 We have double the U.S. tariffs on Canadian goods, now new and higher tariffs from China

00:16:09.880 on our farmers and fish harvesters, and you're back to the United Kingdom, where the Brits 0.96

00:16:15.240 continue to hit our farmers with protectionism that you have not succeeded in removing.

00:16:20.820 You've gotten no results whatsoever.

00:16:23.180 So I do have a suggestion for the next inevitable trip to the United Kingdom that you might make,

00:16:28.660 and that is this. Apologize. When you were the governor of the Bank of England, you caused

00:16:34.720 an inflation crisis by printing...

00:16:37.140 Can I just say right away, one, I do like that he's going after him for his record as

00:16:40.880 the governor of the Bank of England, because that was an area I think the conservatives kind

00:16:44.700 of let him go on too much. Like, I would have been citing Liz Truss, the former prime minister

00:16:49.320 all the time, that Carney was a nightmare to deal with. But I have to give this video.

00:16:53.580 I am so impressed, and this is... I don't even care about the ideology. If Wab Kanu or David 0.94

00:16:58.960 Eby was doing this, or even Mark Carney or Justin Trudeau was filming this video, it is very smooth.

00:17:05.420 Walking down a sidewalk while memorizing all these lines and delivering them with very,

00:17:10.260 very little hesitations, and it is great. Maybe they're cutting it, and the editor deserves a

00:17:15.220 raise, but this is very polished. And again, it's also not too sloganeering. That's what he needs

00:17:21.760 less of. Less bumper sticker and more kind of teacher explainer.

00:17:27.380 ...way too much money. In fact, inflation was far worse in the UK than in neighboring competitor

00:17:33.840 countries. It had the second highest inflation during your time there. In all of the G7, the only

00:17:38.960 country that was worse, unfortunately, was Canada under your protege, Justin Trudeau.

00:17:44.960 And housing. You caused a housing crisis by flooding the market with cheap cash, which

00:17:49.540 of course helped the billionaire class and the insiders, but shut young Brits out of homes. 1.00

00:17:54.880 Does that sound familiar? Just like Canada under the Liberal government. Now, if you were

00:17:59.880 to apologize for all those things, it's not just that the Brits would appreciate your contrition,

00:18:04.220 that it might signal that you'd learn something from your dreadful economic mistakes. It's not just

00:18:10.220 that the London Telegraph said that you were the unreliable boyfriend of central banking. It's that

00:18:16.860 these terrible policies repeated in Canada could cause even more suffering. By showing that you

00:18:22.460 understand your failings, then maybe you can learn from them. After all, the definition of insanity is

00:18:27.820 doing the same thing over and over again and expecting a different result. We as Conservatives have learned from

00:18:32.220 We as Conservatives have learned from

00:18:34.120 Once you can start saying the Conservative pitch, we probably don't need to watch it anymore.

00:18:38.040 But like, again, I know I'm just talking about style here, but truly, truly, the Conservative Party

00:18:45.060 just has better style than the Liberal Party. This was even present during the election. And it makes

00:18:50.480 you kind of like drives you up the wall that truly people chose Carney over this. And again, it's not

00:18:57.540 just about the polish. It's about the message too. Like I know I'm criticizing as well, the Conservatives

00:19:03.180 didn't have a great message during the election. Again, I've told Polyev's team and they have taken it

00:19:08.960 to heart, I believe. You can't run on a two and a quarter percent tax cut under $50,000. It needs to be

00:19:15.440 a 20% across the board tax cut, which I'm starting to at least hear the inklings of them warming up to in

00:19:23.240 that previous video we saw of Polyev saying that if you actually want to grow a business, they need

00:19:27.780 lower taxes. Because I said to them, it needs to be a 20 to 25% tax cut depending on the bracket,

00:19:34.300 including corporate taxes. Because guess what? The NDP and the Liberals are going to attack you as the

00:19:39.340 corporate guys. And the perfect counterpunch is then, so you want all other businesses around the

00:19:44.940 world to outcompete Canadian businesses? Because we're not in a vacuum. It's not the evil, greedy

00:19:51.160 billionaires and millionaires in Canada versus all the other Canadians. Not only is that stupid 1.00

00:19:56.300 socialist nonsense, but Canada does not exist in a vacuum. If you punish our businesses, the business 1.00

00:20:03.440 will go elsewhere. Those billionaires and millionaires have the ability to take their business

00:20:08.300 and move from Quebec, move from Ontario, and they can even go, even Connecticut, even Vermont,

00:20:15.280 even these high tax states. New York state is a better place to set up a business than pretty much

00:20:20.560 every single province, maybe except for Alberta, although the federal taxes are still murder,

00:20:25.280 even if you are in Alberta, especially if you're paying Calgary property taxes. But anyways, so I

00:20:32.940 just want to move on to this video. I may have played this previously, but I just want to show you the

00:20:36.960 contrast of the sort of things that the Liberals are putting out with all of the pomp and circumstance

00:20:42.720 of the Prime Minister's office, and they can still only put out sludge like this.

00:20:47.260 Recently, Bob and I corresponded on the many daunting challenges facing Canada, the United

00:20:52.660 Nations, and the world. And he reminded me of Leonard Cohen's words in his song, Anthem.

00:20:59.560 I quote,

00:21:00.040 Ring the bells that still can ring. Forget your perfect offering. There's a crack,

00:21:05.660 a crack in everything. That's where the light gets in.

00:21:08.980 What is this? Who, who let, who let him write his own script today?

00:21:16.260 In every moment where there's a crack, where there's a rupture, there is possibility.

00:21:22.600 And it's our responsibility. It's our opportunity as Canada in this moment to find it.

00:21:29.560 And after my visit to the United Nations General Assembly, I can assure Canadians that there is light.

00:21:34.760 There are many possibilities.

00:21:37.400 Isn't he just admitting there, technically, that he has not yet found the crack and we all have to go help

00:21:42.360 grandpa find his keys or something like that? Like, no. By the way, if you're in politics, never,

00:21:51.280 never cite pretentious rock acts or whoever he was. Leonard Cohen. I'm not sure who Leonard Cohen is.

00:21:58.600 Never, never cite pretentious lyrics. It's only going to make you look pretentious.

00:22:04.760 And that's really what the liberals under Carney have kind of become a little bit pretentious elitists

00:22:12.040 who really don't know actually how to deliver on the promises they made.

00:22:16.440 And their style is just bad. Again, regardless of the politics.

00:22:20.580 Wab Kanu, I don't like him as Manitoba Premier. The guy has style. The guy is actually charismatic.

00:22:27.640 Even, I will give, even though he always looks like an emu about to peck someone's eyes out the way

00:22:32.440 he looms over people. Even David Eby, especially compared to John Rustad, has charisma.

00:22:38.680 He has an ability, he has that kind of fight back attitude at times. Again, policy, complete duller.

00:22:45.240 On stage, he's better looking than his opponent. Wab Kanu, David Eby, even some other liberal

00:22:52.280 politicians in other provinces, more charisma than the charisma vacuum that is Mark Carney.

00:22:58.120 But anyways, that should be it for today's video, guys. Hopefully you don't mind these videos where

00:23:03.400 I kind of go through a lot of different media as I'm working through them. Again, a reminder,

00:23:08.840 like the video, subscribe, leave a comment, do all that fantastic stuff. And I will see you guys next time.

00:23:16.120 Bye.

00:23:17.640 Bye.

00:23:18.280 Goodbye.

00:23:28.760 Bye.

00:23:30.600 Bye.

00:23:30.920 Bye.

00:23:31.960 Bye.

00:23:32.360 Bye.

00:23:33.420 Bye.

00:23:34.440 Bye.

00:23:36.340 Bye.

00:23:38.940 Bye bye.

00:23:39.660 Bye.

00:23:41.460 Bye.

00:23:42.600 Bye.

The National Telegraph - Wyatt Claypool - September 30, 2025

Mark Carney's Fake expertise and Lies are catching up with him!

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