Is Carney Deliberately Dismantling Canada’s Auto Industry?
By Peter J. Merrick, TEP® and Adrian C. Spitters, CFP®, co-authors of the international bestseller It Starts With Gold™ and the forthcoming book Guns, Gold & Land™
This analysis continues a series of long-form investigations published in The Merrick Spitters Reset Report™
Canada’s Collapse May Not Be Mismanagement – It May Be the Plan
The urgent themes discussed in this article are expanded on in our #1 international best-selling book, It Starts With Gold™, co-authored by Peter J. Merrick and Adrian C. Spitters. In the book, we reveal how financial systems are collapsing and how individuals can prepare before it is too late. Visit www.ItStartsWithGold.com.
A chilling hypothesis has emerged from recent disclosures and economic developments. Mark Carney may not simply be presiding over Canada’s accelerating decline. He could be actively engineering it. Evidence suggests deliberate alignment between domestic and foreign policy forces designed to hollow out Canada’s manufacturing base and reduce the country’s sovereign control over critical industries. This is not random mismanagement. It fits the pattern of controlled demolition.
The Auto Industry: A Calculated Demise
Canada’s auto industry, long a pillar of middle-class prosperity, is disintegrating. Recent layoffs at General Motors’ Oshawa plant and mass job cuts at Stellantis are only the beginning. Carney’s aggressive Net Zero mandates, layered with stifling over-regulation, combined with tariff pressures from the United States, have set Canada’s auto sector on an irreversible path to extinction.
The United States has made its position clear. It does not need Canadian cars. Carney’s policies are removing any ability for Canada to resist that reality. The result is the forced outsourcing of Canadian auto production and jobs to the United States, leaving behind hollow supply chains, collapsing communities and a nation stripped of industrial sovereignty.
The independent YouTube channel Moose on the Loose has documented the alarming backchannel relationship between Carney and Trump. They reported that Carney allegedly told Trump his anti-Trump rhetoric would only be for show. In return, Trump would protect Carney from regulatory scrutiny while Canada’s auto industry was transferred southward. Entire communities risk being obliterated by this quiet, calculated transfer of jobs and industries.
Brookfield: Profiting from Manufactured Crisis
Carney’s former leadership of Brookfield Asset Management looms large over this engineered collapse. Brookfield controls more than $120 billion USD in unallocated capital and has openly stated it seeks opportunities during market dislocations when firms become distressed and desperate.
This creates an unsettling scenario. Did Carney’s government deliberately destabilize Canada’s economy to create acquisition targets for Brookfield and other global players? If this pattern holds, Brookfield and similar global private equity firms will quietly take control of Canada’s infrastructure, energy grids, transportation networks, manufacturing plants and even water rights.
The Canadian people may wake up to find ownership of the nation’s most strategic industries quietly transferred offshore.
The $500 Billion Question: The Disguised Liquidation
Carney’s government has announced plans to spend up to $500 billion over five years to transform the economy. The Conservative Party of Canada has raised alarm, questioning whether this ambiguous phrase signals the largest wave of forced privatization in Canadian history.
The tactic is familiar. Policy-induced crisis is followed by public emergency declarations. Public infrastructure such as airports, ports, rail lines, energy grids and even health care assets could be quietly sold to foreign firms under the pretext of modernization or climate transition.
Carney’s prior role as Chair of Brookfield, which specializes in distressed asset acquisition and infrastructure privatization, only reinforces these fears. Critics believe the Canadian economy is being deliberately weakened to set up a global asset grab. Canada may be the next target.
What Net Zero Really Means for Canada
The climate agenda is not the issue. The Net Zero mandates are being used as the vehicle to dismantle legacy industries in Canada. These mandates have devastated heavy industries, including auto and resource manufacturing, making Canada’s domestic production unviable.
The environmental targets may sound virtuous, but in application, they act as financial weapons. They create unachievable regulatory burdens, forcing industries to shut down. The resulting market dislocation is not an unfortunate side effect. For global wealth managers, it is the objective. Distressed assets can then be purchased for cents on the dollar, enriching foreign financial institutions and private equity firms at the direct expense of Canadian citizens. The outcome is not emissions reductions. It is the hollowing out of national industries for global profit extraction.
A China–U.S.–Canada Triangle
As Canada’s domestic industries collapse under Net Zero mandates, China’s dominance in electric vehicle production positions it to flood Canada with cheap EVs once Canadian tariffs fall. The playbook is simple. The United States repatriates manufacturing. Carney ensures the collapse of Canada’s industrial base. China stands ready to provide low-cost consumer goods. Canada is reduced to a resource extraction colony for the United States and a dumping ground for Chinese overproduction. This triad is not coincidental. It is economic conquest by design.
The Great Canadian Takeover
The collapse of Canada’s auto industry alone would erase one percent of GDP and one percent of national employment. The damage to entire communities built around these industries for generations will be irreversible.
There is no public plan to stop it. No industrial policy. No urgent intervention. The absence of action suggests that this is the strategy. Destroy domestic industries to create dislocation. Allow global asset-stripping firms to move in under the pretext of saving the nation.
Entire provinces and sectors of the Canadian economy stand at risk of being transferred to foreign ownership with little public debate or recourse. What will remain is a hollowed-out nation with its flag flying over empty factories and privatized infrastructure.
This is not accidental. It is the cold execution of a systematic dismantling. Canada’s industrial backbone is eroding. The auto sector, once a symbol of national pride, now lies in ruins. This is not a mere consequence of global market shifts but appears to be the result of a calculated strategy.
Prime Minister Mark Carney’s Net Zero policies, under the guise of environmental responsibility, have imposed stringent regulations on industries, pushing them to the brink. Simultaneously, U.S. President Donald Trump’s aggressive tariffs have further strained Canada’s manufacturing sector. The combined effect has been devastating, with thousands of layoffs, shuttered plants and communities left in despair.
Behind this apparent economic sabotage lies a web of interests. Carney’s previous association with Brookfield Asset Management, a firm poised to capitalize on distressed assets, raises questions. As Canadian industries falter, entities like Brookfield stand ready to acquire valuable assets at reduced prices, turning national crises into opportunities for profit.
The situation is further complicated by Canada’s trade dynamics. While the nation imposes tariffs on Chinese electric vehicles, it simultaneously faces pressure from both the United States and China. Trump’s policies favour American manufacturing, sidelining Canadian interests. Meanwhile, China’s dominance in the EV market threatens to flood Canada with affordable alternatives, undermining local producers.
This orchestrated dismantling is not limited to the auto industry. Other sectors, from agriculture to energy, face similar threats. The overarching narrative suggests a deliberate weakening of Canada’s economic sovereignty, making it susceptible to foreign influence and control.
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Sources
- Brookfield CEO: Capital dislocation creates opportunity, Yahoo Finance, 2025
- Carney conflict of interest call, Conservative Party of Canada, 2025
- Global EV Outlook 2025, International Energy Agency
- Canada auto sector tariff impacts, CTV News, 2025
- LEAKED: Carney’s Anti-Trump RHETORIC was “Campaign Tactic” + Auto Industry on CHOPPING BLOCK?!
