Mark Carney's Failed Green Bank Scheme I ...

Mark Carney's Failed Green Bank Scheme Is Dead – And He's Unleashing It on Us Now!

Oct 05, 2025

Canadians, please, I implore you to listen up – this isn't some boring news blip; it's a five-alarm fire at your doorstep. Just yesterday, it was reported the Net-Zero Banking Alliance – the big global bank club that Prime Minister Mark Carney kicked off back in 2021 to chase his wild "net-zero" dreams – voted to shut itself down. Poof. Gone. Over 120 banks promised to pump trillions into ditching fossil fuels and going all-in on green energy by 2050. But after a stampede of quitters – especially America's heavy hitters facing lawsuits for anti-trust"climate cartel" shenanigans – the survivors barely scraped by with a 68-62 vote to kill it. No more club, no more rules, just a sad pile of "guidelines" nobody's forced to follow. This was Carney's baby, born at the UN's big climate party in Glasgow. He twisted arms, sweet-talked elites at fancy summits, and sold it as the golden ticket to save the planet while making bank. But guess what? It flopped hard. Banks kept shoveling billions into oil and gas pipelines while whispering about "phased" exits that meant squat. Now it's a corpse, and Carney's shrugging it off like yesterday's coffee grounds.

imageFolks, this disaster isn't ancient history – it's a screaming red flag for what's barreling toward you right now. That same sneaky playbook Carney used to rope in banks? He's cranking it up to eleven as your Prime Minister, turning our whole country into his personal green experiment. Back when he was UN climate boss, he preached net-zero as "the biggest money-maker ever," vowing to bury most of our oil and gas underground forever. Fast-forward to his big Liberal win in March 2025: He scrapped the hated home carbon tax on day one to look like a hero, but jacked up taxes on factories and oil rigs, slapped hard caps on pollution from energy giants, and rolled out a $50 billion "green accelerator" slush fund. Sound familiar? It's the NZBA on steroids – forcing every bank, pension, and business in Canada to draw up "transition plans" or get hammered by Ottawa rules. No more "voluntary" nonsense; this is mandatory, backed by the full weight of government.

Picture this, Canada: It's like one of those old Priceless commercials, but twisted into Carney's green nightmare. Remember the guy at the ballgame, hot dog in hand, yelling "Priceless!" for the joy of the moment? Now swap that for Carney's script – banks coughing up millions for emissions reports and "transition plans": $50 million. Hiring lawyers to dodge lawsuits over fossil loans: $20 million. Getting arm-twisted into ditching oil deals for shaky wind farms: $100 million in lost profits. But forcing every Canadian saver and borrower to swallow higher fees and tighter loans in the name of net-zero glory? Absolutely priceless. Except it's not joy – it's pain, straight from your pocket, as Carney swaps the voluntary NZBA cheerleading for iron-fisted PM rules that make banks spill the same green blood, only now with government muscle to back it up. Voluntary alliances died because they were a joke; now he's making the joke law, and you're the punchline.

And the worst part? We're footing the bill for his flop – and it's hitting you right in the wallet. Sure, the NZBA was a private club – no direct taxpayer bucks poured in. But our own Big Six banks (RBC, TD, BMO, Scotiabank, CIBC, National) got strong-armed into joining by Carney's clout right after launch in 2021, wasting millions – some estimates say tens of millions across the sector – on lawyers, endless reports, emissions audits, and green PR stunts that did zip to actually cut fossil funding. They pumped out record cash to oil sands and pipelines even as "net-zero" pledges piled up, according to watchdog reports. Those costs? They didn't vanish into thin air. Banks passed them straight to you, folks – through jacked-up service fees, stingier loan terms, and even higher mortgage rates to cover their "climate risk" headaches.

Think about it: Monthly chequing fees that used to be $10-15? Now creeping toward $20 or more in some packages, with overdraft hits at $45-48 a pop (though a new cap at $10 kicks in next year – too little, too late). NSF charges alone suck $250 out of the average Canadian's pocket yearly, and that's before you add wire fees, ATM gouges, or those sneaky "pay-to-pay" traps for bills and mortgages that all the big banks hiked post-pandemic. NZBA dragged our banks into this mess, forcing compliance busywork that froze lending to everyday folks like farmers and small businesses needing quick cash for real jobs – not windmills. Now, with the alliance toast, those sunk costs are history, but the damage lingers: Stagnant loan books mean tighter credit for you, and banks griping about "soaring paperwork" that's already baked into higher fees you'll pay for years. Your RRSPs and savings? Drained indirectly to fund this elite climate theater, while Carney pats himself on the back.

But hold on – it's not just our wallet getting raided. Carney's chaining us to Europe's sinking green ship, making Canada their back-pocket colony for his global green gospel. Right after his March swearing-in, he locked in the "New Canada-EU Strategic Partnership" in June – a monster deal that super-glues our trade to their crazy rules. We're syncing up carbon taxes to hit Europe's €100-per-tonne wall by 2030, slapping border tariffs on "dirty" imports, and teaming up on EV factories and wind farms that flood our farms and factories with red tape. Our canola sales? Tanked 15% already from their "no-deforestation" busybody checks. Steel fights with the U.S.? Way worse because Carney's mooning over Brussels instead of our biggest buyer. And the kicker? At the UN last month, he pledged $8 billion of your hard-earned cash to "just transitions" worldwide – funneled through UN pots that smell just like his old GFANZ scams. We're not partners; we're Europe's errand boy, shipping lithium and "clean" gas their way while swallowing their job-killing regs. Why? So Carney can parade Canada as his shiny "net-zero hub," preaching to the world while we eat the costs.

Don't kid yourself: This is Carney's petri dish. He peddled these tricks as a private citizen – arm-twisting banks from London to Glasgow – but now, as PM, he's slamming them into Canadian law. Emissions ceilings locked till 2035. Every industry forced into a "green taxonomy" by 2026. Oil and gas? Capped and taxed into the ground, no matter how many jobs it torches. It's the NZBA blueprint, but nationwide and unbreakable. Our economy's wheezing at 1.2% growth, deficits exploding, houses unaffordable, and trade wars brewing – all while his prefab home gimmicks (hello, Brookfield ties) flop. Banks are griping about frozen loans and skyrocketing paperwork. This isn't progress; it's a Carney fever dream strangling our resource heart.

Canadians, time's up – Carney's not your shield from Trump or tough times; he's the guy rigging the game for his elite green cult, selling us out for a delusion that's already crashed once. Your money, your jobs, your future – all on the chopping block. Demand answers now: Audit those billions, rip open that trust, and boot this transnational trap. Speak up before his ghost alliance buries us alive. Or watch Canada crumble into a broke, bossed-around backwater. Your call – but make it fast. The bill's coming due.

Melanie in Saskatchewan

Vous aimez cette publication ?

Achetez un café à Melanie in Saskatchewan

Plus de Melanie in Saskatchewan