TransCanada terminates plan for $15.7 billion Energy East pipeline
That’s okay though, we’ll have lots of baristas.
L'abandon projet Énergie-Est est une victoire majeure du monde municipal.@MTL_Ville et mes collègues ont fait une différence dans dossier
— DenisCoderre (@DenisCoderre) October 5, 2017
Notable quote from Brad Wall’s facebook post below.
That our taxpayers in Saskatchewan and Alberta will continue to send, without question, about $2.5 billion in equalization payments to help support Quebec that receives $11 billion in equalization per year and $1.4 billion to Ontario. All of this despite the fact that low energy prices have resulted in job losses and lower revenues for the last 4 years.
Something needs to change. For the west to continue on like this in our federal system is the equivalent of having Stockholm syndrome.

I doubt we’ll ever see a jolly Liberal ad campaign based on the following sloganeering:
“THE GOVERNMENT OF CANADA: SHUTTING DOWN OUR COUNTRY FOR A BRIGHTER FUTURE!”
That’s why they plan on legalizing pot; the population will be too doped up to notice that the economy is plunging into the rabbit hole.
Cheers
Hans Rupprecht, Commander in Chief
1st Saint Nicolaas Army
Army Group ‘True North’
EE never really made sense, and the passing of Keystone made it unambiguously a silly idea. You should be more upset at the murder of Northern Gateway.
So much for Trudeau’s much touted infrastructure plans. How can this jerk live with himself?
Probably the greatest reason for the failure of Energy East was the failure to budget for enough brown envelopes stuffed with cash for the various liarberal politicians in Quebec (most notably the greasy slug Denis Coderre)
I am probably thinking they don’t want the cash pipeline squashed though
Quebec should change its motto from “Je me souviens” to “punishing Canada since the Plains of Abraham”.
400,000 bbl of oil a day are imported into Eastern Canada from places like Saudi Arabia and Venezuela…that could have easily been replaced by Canadian oil if there was only a pipeline. By the way Canadian crude is sold at a discount on the market because of lack of pipelines, so that oil would be $10-15 bbl cheaper then the current imports.
If you ignore the economy, CO2 emissions will look after themselves.
Thus made complete sense. The only stretch of pipeline to be built was in Queerbec, and we all know how much Dem Kebecers love Canada, term, our money, I mean.
Clearly this was Kebec appeasement, and to a lesser degree, throwing a bone at the Greentards.
Jim Carr is as stupid as Morneau. Much like a Ralph Malph, he wouldn’t say sht if his mouth was full of it
It’s not like he didn’t warn Canadians…especially Western Canadians… watch from 0:49 to 1:28 in case you don’t remember… https://www.youtube.com/watch?v=oA1yCIHMJwY
When I see that thieving f*** Denis Coderre call this a victory for Canada…………..!
I guess the Eastern magnates that are heavily invested in ME oil (Desmarais etc.) brought all the pressure to bear,and shut this down.
Progressive Eastern Canada wants Middle Eastern and west African dictatorship oil, no magic there.
Wherever “little brown people” are repressed the Liberal Canadian will be there to support their repression.
http://business.financialpost.com/commodities/energy/as-politicians-gloat-about-climate-leadership-saudi-arabias-oil-is-dumped-in-canada
@UnMe
“EE never really made sense,…….. a silly idea”
Thanks for the opportunity to educate less informed people such as yourself 🙂
Summary:
“if oil produced in Western Canada could be pipelined to Eastern Canada, the need for more expensive oil imports from overseas would drop to zero, and all those tankers coming through the Gulf of St. Lawrence could be completely eliminated”
http://www.oilsandsmagazine.com/news/2015/6/11/do-you-know-where-your-oil-comes-from
“So much for Trudeau’s much touted infrastructure plans. How can this jerk live with himself?”
Live with himself? I’m not even sure he’s self-aware.
All you need to know folks is how hard Trudeau is fighting for Bombardier.Now he just shrugs when oil pipelines are killed by his rigged NEB.What company in their right mind would invest a dime in this corrupt mismanaged country.
We have become a politically unstable place to invest.
Yes, we have no bananas.
Lord how I miss Ralph Klein.
Despite the news, TransCanada’s stock is up more than $0.25 right now after dipping sharply earlier. My guess is that investors have long factored the inevitability of the cancellation into the price and want to get on with business.
Let us see now.
If one has an ideology, that overrides any other variable bar none.
The airhead in Ottawa, if there is anything in his head it is ideology. Period. End of story.
His ideology is supplied by those that run him, don’t think that the airhead has one independent thought up there.
Anyway, by any sensible logic, the pipeline was a no brainer, as the common expression says.
The handlers had to devise a scheme where their puppet had to publicly agree to the pipeline. The actual plan was always against it. For the airhead to appear to be safe, the pipeline had to be killed by other means.
Aha, success.
Free enterprise, however entangled with the government has run out of options and refused to throw any more of their money into the government money black hole.
The pipeline will be built one day in distant future.
Even the socialists/fascists can’t stop it.
It is all a matter of time.
“We have become a politically unstable place to invest.”
Absolutely what I am hearing from businessmen in Calgary when they go overseas looking for cash. No one is interested. Not because they don’t like Canadian companies and assets – because they don’t trust the political environment.
The junior oil and gas sector in AB is on its knees and the NDP government is kicking it in the ribs. Almost all the big internationals have effectively pulled out of the country. The banks are hesitant to lend and the equity investors only want to pile money into about 5 companies.
Meanwhile, in AB, the government is busy running a farce of a bid process for renewable projects that will mostly benefit European and Asian companies.
Our political class is awful.
Canada has always been a loosely bonded un-natural economic region. We are constantly reminded that the flow of goods and services from West to East is unwelcome (cash only) and Quebec might just as well be a foreign and hostile nation largely dependent on “foreign aid” from the ROC. Like a large Indian Reserve, it exists as a linguistic ghetto within the nation of Canada solely because of successfully shaking-down the ROC. The GTA, which is the de facto political capital is a morass of progressive narcissism. The Left Coast is now under the rule of green theology and treasury looters (much like the ROC).
Optimizing revenue from Canada’s most important natural economic advantage will likely depend on receding Sea Ice freeing up the Hudson Bay to tanker traffic as the political climate on two of its coasts are currently toxic to any growth. Oh well, let’s just continue subsidizing US refineries…. it’s the Canadian way (intellectually matching our political class).
Sorry guys but, ala Coderre and Butts, JT believes this is a huge WIN!
Party Time for JT! With Butts.
Apologies for any visuals that may have triggered.
I wonder if government future plans for electric cars might play into their erecting road blocks on Energy East. This may not seem likely at this point, but those electric cars are emerging quickly and even GM will offer a number of models by 2023. Given that pipeline construction would take a while, if even 25% of the population are driving electric cars by 2025, maybe the pipeline would soon become redundant. Now the company would be aware of how practical the economics are, but the government may have been motivated by wanting to discourage development of oil markets to make way for electric cars. Why would the government care? Well, we all know they make noises about CO2, and we all know (even they know) that is just a ruse. I think the end goal is to have government control of energy, and electric energy will be the currency. They have decided.
No doubt, their desired outcome. They moved the goalposts at the NEB, which was the final kick in the nuts.
This is all by design for the Glowbull Warming set, to destroy the industry by bureaucracy.
and in so doing have scared away any *other* potential pipeline builder.
what will the official mantra be when queerbecers are once again reduced to getting their heating fuel from leftover oil tanks a la one of the Kennedy brats, or via a dispenser on the corner meting out cupfuls for a quarter?
cant find a link, its an old story.
gives new meaning to the ‘let eastern bast**rds freeze in the dark’
why are the maritimes putting up with this shyte?
unwho again provides evidence it is a blogbot.
I wonder if anyone will remember what trudeau and the Liberals have done to canada in a couple years at election time, or will they turn out in droves for trudeau once again?
Interesting to watch the battered wives, Alberta and Saskatchewan stick around for more abuse.
Do Muslims, transgenders, natives and stoners care about pipelines?
I wonder if anyone will remember what trudeau and the Liberals have done to canada in a couple years at election time, or will they turn out in droves for trudeau once again?
Over the years, I’ve concluded that the memory of the average voter is no more than 6 weeks. By the end of the year, this matter will be completely forgotten, replaced by something else, a different sensation-du-jour.
Just watch: in 2 years time, wee Juthtin will pull a miraculous rabbit out of a hat (and it won’t matter what it is or how he does it), most of the electorate will go “Oooh! Aaah!” and he’ll be a shoe-in for yet another majority. The natural governing party of Canada will have accomplished its objective and go back to sleep, comfortable in the knowledge that the electorate has been duped once more.
DanBC: exactly. Spud knows, as did PET, which group of voters will always be faithful. Give them whatever they want and they’ll stay in office. The rest of the country is completely irrelevant.
So let me understand the “logic” of the Canadian Eco-regulators … it is baaaaaddmmmmmK … to pipe oil and gas to the East coast of Canada, and any attempts to do so MUST. BE. STOPPED. However! It is a wonderful thing to clear cut Canadian forests, grind the beautiful trees into little pellets, truck those chips to the East coast of Canada, ship those chips across the Atlantic Ocean so that Britain can BURN those chips to generate electricity. All because “that” is “carbon neutral” … or some such nonsense.
The Eco-leftists who have dominion over the people of Canada are systematically RUINING, nay RAPING! the environment with their “carbon neutral” nonsense and “free” wind energy towers. Denuding and blighting the environment with their so-called “green energy”. The Eco-left are some really sick puppies … really really sick. They are simply WRECKING the environment to “save” the environment.
Well it made no sense to you because you don’t know what the hell you are talking about. Pipeline companies don’t invest billions to build pipelines on spec. Bugger off. Come back when you have a bloody clue what you are talking about.
Could see this coming, but I’m really bummed by it anyway. Canadian oil will stay discounted. Entire economy will grow more slowly… Less money made in oil country, more expensive energy in the east.
Lots of No-brainers controlling this country.
Saw this on another platform…..it hits the nail on the head.
“It’s really time to put Quebec in a box. Quebec pulled a similar stunt years ago when the Newfoundland government was attempting to develop hydro power from the Churchill River for sale into markets in Ontario and the U.S. But Quebec would not allow that power to be transmitted across its territory to those markets. Though provincial governments were not allowed under the British North America Act to impede each others’ trade, during the 1960s the Québec government opposed the creation of a national power grid, arguing that electrical generation and transmission were within provincial jurisdiction. Funny how “national interest” NEVER applies to Quebec.”
Separation.
*fuck you Quebec
Why does Quebec treat Canada like it’s a foreign country? It’s our turn to treat Quebec like a foreign country. Don’t go
away angry Quebec, just go away.
My Canada, does not include Quebec.
Canada has become a banana republic that won’t even sell its bananas.
Amen Brother.
We received a short reprieve under Harper but nothing has really changed. At some point, one has to say, “Enough is Enough” We are long past the point of when we should have separated. It seems too many of us have battered wife syndrome
I believe the reason EE is opposed in Quebec is because the wealthiest family in Quebec is heavily invested in ME oil. From wiki: “the company (Power Corp) has $785B in assets under management and $1.4 trillion in assets under administration”.
Ottawa always does what the Biggies in Quebec order them to do.There’s a saying in Quebec; “nothing gets done here without the approval of Paul Desmarais.”
Read this wiki article about Power Corporation and the Desmarais family,it’s a quick sketch of who really runs this Country, and it sure as hell isn’t the actors who play PM from time to time.
The names are very familiar: Brian Mulroney,Pierre Trudeau ,Bill Davis,John Robarts,Paul Martin,Jean Chretien,Bob Rae,Daniel Johnson,Maurice Strong, and on their international advisory board:”former oil minister of Saudi Arabia Sheikh Ahmed Zaki Yamani, former head of the US Federal Reserve Board Paul Volcker, and former German Chancellor Helmut Schmidt.”
Note the former Saudi Oil Minister,and wonder why Quebec prefers ME oil over Canadian Outback oil.
The more you understand the Canadian power structure,the more evident it is that the West should separate from the East because the situation will never change, we will always be second rate to the Ontario/Quebec power structure and their minions in the political arena.
Well no one becomes “Mayor” of Montreal without the explicit consent of the Mafia and that includes Coderriere. So why doesn’t the Quebec Mafia want Canadian oil instead of Saudi Arabian oil? Follow the money.
Let’s play what if.
What happens if civil war breaks out in Venezuela and they can’t export their oil?
And what happens if there is a regime change in Saudi Arabia like the one in Iran?
Would that put a restriction on the flow of oil coming in to those East coast refineries?
Or is this the hoped for outcome?
Remember this quote and who said it:
“We have to shut it down”.
Yes, for once I agree that this represents a fundamental division in Canada. Things can only go downhill from here.Thankyou Liberals.
Have you considered just kicking Quebec out of Canada instead of the West separating from Canada? Just a thought…
I’d offer you guys just joining up with the US down south, but we have our own set of problems and hoards of idiots. Maybe you should form your own country and be done with the crazed liberals.
The lefties LOVE conflict oil … any shutdown in the supply of oil to the industrialized world gives lefties tingles running down their legs.
Why would these luddites want to facilitate the greasing of capitalisms gears with a constant and consistent flow of oil from “civilized” countries.
Justin Trudeau is not loyal to Canada.
UnMe knows exactly what he’s talking about. He just likes to sh*t in the fridge.
This is just autarky and it’s silly. There’s nothing wrong with importing oil. If EE were really an economically viable idea, I think someone here would make the case already.
I miss Stephen Harper more.
They’ll get their oil form the Yanks, then.
There is a war on right now on who gets to supply the central/east with nat gas…..Yankee nat gas or western gas. Who’s gonna win? The Yanks, ’cause they are closer & can discount their gas accordingly, while charging their own more.
The west’s beef is with BC. I already posted on this blog how to get stuff around BC, rather than shipping through Rupert or Vancouver.
Valdez AK. The sands are pretty much almost there, a pipeline already exists up the old Alaska Hwy, so re-route around BC proper & make a deal with Alaska. Rail, too. If it can be built to Churchill it can be built to Valdez. Of course that wil entail separating & blocking east-west rail, which would be fun.
As for Quebec being dropped from Confed, I’m not so sure I want to deal with Ontario on “national policy” with Quebec gone. It would be Ontario, Ontario, Ontario…first, second & last before anyone else.
Look at that: captcha – route cardinal
@UnMe
“If EE were really an economically viable idea, I think someone here would make the case already.”
I love your retarded comments, you not only bolster public hatred for the left, you bolster more public hatred for the left.
Thanks buddy 🙂
Oh look another imbecile who can’t actually say anything related to the part of my post that he’s quoting.
Again: make the economic case for EE or STFU.
the average Canadian is very stupid and will always vote for their destruction. there just is no other way to describe it.