In the case of greenhouse gas emissions, the Ontario Energy Board commissioned research that calculates that Energy East will increase carbon emissions in Canada by less than 2%. Will the Trudeau government apply a similar standard of no increase in carbon emissions from the operation of a pipeline such as President Barack Obama did when evaluating the construction permit application for Keystone? In that case, the U.S. State Department environmental review concluded there would be no increase in carbon emissions, yet Mr. Obama still rejected the application, mostly on political grounds. If Prime Minister Trudeau follows President Obama’s lead, Energy East is in trouble.
The decision to revise the approval standards to include greater input from indigenous peoples will further compound the approval hurdles for pipelines in Canada. Some of the leaders of First Nations from British Columbia, Manitoba and Quebec have already criticized the Trudeau proposal as “modest.” These leaders stressed that the federal government needs to be prepared for rejections of pipeline proposals that cross the lands of these aboriginal people. While approvals are likely to still be earned, the bargaining power of the First Nations has been increased, meaning that the price to gain their approvals has increased significantly, probably lengthening the time needed to negotiate agreements.
Canada’s economy may slip into a recession this year as a result of the drop in natural resource prices and the resulting impact on the health of these industries. Nearly a year ago, the election of the NDP in Alberta created significant concern about the damage that could be done to the oil and gas business by the increase in corporate taxes and a royalty review that was anticipated to raise these rates. The decision not to raise rates now but only when the industry is projected to be in recovery and the rates are to be established to match profitability has been welcomed by the oil and gas industry. To some degree, the fact that the government is local and can see the condition of the industry may have shaped the royalty review outcome. With the Trudeau government half a continent away from Alberta and more concerned with its liberal agenda, the new pipeline review standards are destined to delay and possibly derail many pipeline and energy projects. This new policy could condemn Canada’s economy to a low-growth future. There will be a price paid by the Canadian people, but those who voted for the Liberal Party may not realize for a long time how painful their future may become, and then after it is too late to easily correct these policy mistakes.
h/t Adrian
“Canada’s economy may slip into a recession this year”
Sounds like channelling Nostradamus!
“The decision not to raise rates now but….”
So the NDP lied to it’s electorate, what’s new?
“This new policy could condemn Canada’s economy to a low-growth future”
Yea? go figure……
As oilsands punished, tanker loads of cheap Saudi oil sail into Canadian ports daily
http://business.financialpost.com/news/energy/as-politicians-gloat-about-climate-leadership-saudi-arabias-oil-is-dumped-in-canada?__lsa=6280-083d
I’ve said it before and I’ll say it again…..there is a constitutional challenge in this mess created by the Liberals juicing the NEB process to consider upstream emissions. It is a direct attack by the feds to reach into the constitutional right of provinces to develop their resources. A pipeline project is a pipeline project. A resource development project is a resource development project.
The upstream enviro assessment is only one poison pill, the other is social license and it’s sub-set Aboriginal license. We. Are. Screwed.
With the granting of approval power to the multitude of aboriginal tribes, the new requirement to take CO2 emissions into account and the anti-resource attitude of the left, “fair share” royalties and carbon taxes, Canada will slip into third world status. Once there it will be extremely difficult to reverse the downward spiral. Hello Venezuela!
Ever increasingly vague arbitrary approval thresholds stacked in favour of a seemingly endless procession of stakeholders for industrial projects have driven stakes through the hearts of business in Canada. Gov’t could have encouraged the construction of heavy oil upgrading to value add to Canada’s resources – but they CHOSE not to. Instead they created review processes so onerous and one-sided that other than the most simplest oil and gas projects nothing of any size or capacity is able to be constructed inside Canada’s borders. Whether it be Northern Gateway, Keystone, Energy East or Progress Energy’s LNG terminal – the colossal delays built into the system are designed to kill such projects. It doesn’t take a genius to take note that Canada is no longer open for business and direct investment elsewhere.
The corollary to the Eastern bastards not allowing Western oil pipelines, a long standing Canadian tradition btw, would be for Western Canada to import everything manufactured or grown in the East duty-free from anywhere but the East.
PM Trudeau The First’s NEP was that Alberta had to sell it’s oil to Eastern Canada below market price because Canadian oil producers owe it to Canadian consumers to protect them from extreme market conditions. If that was a fair and just policy, PM Trudeau The Second should make an NEP that Canadian consumers owe it to Canadian producers to protect them from extreme market conditions and buy only Canadian produced oil, and pay above market price for it.
But Gerald Butts will never allow that.
It’s ironic how far down the memory hole the Lac Megantic oil train disaster has gone, now that a safer alternative in the form of the Energy East pipeline has come to the political forefront. Look at this list for train derailments.. https://railroaded.files.wordpress.com/2010/10/cn-railway-derailments-other-accidents-and-incidents26.pdf .. and decide for yourself about the logic of transporting oil by rail.
Lets see…
Put a stranglehold on the oil business. No shipping of crude by rail. No further pipeline infrastucture allowed.
WWF, Butts and Obama say so.
https://www.youtube.com/watch?v=lWXRK4ffEH4
Check.
Spend money on whatever pleases the Libs to redesign an economy and shape it into their personal vision of what it should look like. Bombardier and Green first. Time to pay the Laurentian masters.
Check.
Create inflation by putting a further ruination on the Cdn $ and drive out business through higher taxation.
Working on it. Wait until the budget kids.
Reshape the voting structure to permanently keep the Libs in power or close to it.
Wait and see….
The plan is revealing itself
You have the Liberal agenda exactly right.
The Liberals have not cared about the Canadian people since PM Louie St. Laurent and no longer believe in classical liberal democracy. In fact their people control attitude is the exact opposite of what liberalism stood for for centuries.
Western Canada Concept, anyone?
My lengthy, lifetime perusal of Liberals says this is all show.
Negotiations as it were.
Just the usual Liberals and their client groups establishing the vigorish quotient.
Clue #1:
“The campaign co-chair of Canada’s Liberal Party, the front-runner heading into the country’s Oct. 19 election, has stepped down after coming under scrutiny because of a report that he offered lobbying advice to TransCanada Corp.”
Clue#2:
Liberal House Leader Dominic Leblanc, ex and current babysitter of PM Selfie, spawn of Gov Gen/Liberal Romeo.
“The federal ethics commissioner has ruled that Government House Leader Dominic LeBlanc, the senior political minister for New Brunswick, avoid any dealings with Irving interests that could potentially put him in a conflict.
That’s going to be tricky.”
http://thechronicleherald.ca/opinion/1342021-leger-tough-for-dominic-leblanc-to-avoid-contact-with-irvings
Clue #3:
New Brunswick aboriginals have claimed all of NB and have said they will not allow the pipeline.
It’s the Liberals for crying out loud.
Follow the money.
I had a brilliant scientist from somewhere, tell me that if I let my car run in the garage that C02 would kill me. I am still laughing to myself.
What are the chances that the media would cover an event such as hundreds of Western Canadian oil patch workers travelling to the Maritimes and Quebec to protest the arrival of oil tankers from Saudi Arabia and Venezuela?
Of course we don’t have a source of funds (read American self-interests like the Rockefellers and Soros) to finance such a protest, so it’ll never happen, just like approval of Energy East.
Maybe the business interests in Western Canada might want to pony up and finance the riot..?..
Yes,please.I was a member back in the 80’s before Doug Christie hijacked the movement with his weirdness and got involved with Zundel,thereby killing off any chance the Party had of succeeding.
It’s an idea whose time has come,again, as we are entering another Liberal-fueled era whereby the West will be sacrificed to feed the east.
http://www.cbc.ca/news/canada/saskatchewan/sask-first-nations-sue-canadian-government-1.3441075
And our blessed First Nations are already at war with us to steal even more of our money. There’s also a story at NN that Perry Bellegarde of AFN says SOME pipelines can be built “IF FN’s give them a licence”.
We are about to get f***ed over so badly with this progressive bunch in Office as they pander to every aggressive group on the planet.
“Everything takes longer and costs more.”
— Khufu’s Law
They are not going to pass anything until the western provinces sign on to the Quebec based cap and trade market that will guarantee money flowing to the east and enrich the eastern founders of that system.
syncrodox >
“Maybe the business interests in Western Canada might want to pony up and finance the riot..?..”
Or, they could just send a contingent of elected Premiers, cabinet ministers and city mayors to bring it up occasionally on their regular immigration Political junkets to Ottawa.
I’m thinking “business interests” have already paid their fair share – unfortunately the current communist classes in the Alberta legislature won’t fight for Alberta interests. In fact they oppose them, that’s why the RIOT needs to begin at home.
Rather then send protest groups down east what about setting up road blocks on either the Sask/Man border or the Man/Ont border and refuse to allow any vehicle with eastern plates over. After all when Indian groups do it no one dares tell them to get out of the way. If we could convince an Indian group that the western side of the highway is the site of an ancient aboriginal burial ground they’d probably set up the blockade for us.
Except “aboriginal license” is NOT required. “Consultation” is, but consultation isn’t a veto. The media has given that impression, but it absolutely untrue.