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- Jan 17, 2004
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There's no question that Liberal's have handicapped trade diversification for 10 years, thus leaving Canada vulnerable to the USA. Carney stated that carbon emission caps will remain in place, but he expects that carbon capture will offset the problem, thus opening cross-Canada and global markets. Alberta premier said that carbon emission caps means oil production caps - although that has not been backed up with data that includes carbon capture projects.Europe is seeking our "Western" oil. So is Atlantic Canada.
We're still waiting 10 years (3 Liberal governments) on. IMO.
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"Former Prime Minister Stephen Harper recently spoke at the Raisina Dialogue, India’s largest geopolitical conference, calling for Canada to immediately revive an eastern pipeline. “We need to build a pipeline in the east so we can supply our own country with energy,” Harper said.
Canada’s failure to develop eastward energy infrastructure has left it uniquely vulnerable to trade retaliation. While countries like Norway and Qatar have expanded their global energy markets, Canada remains tethered to the US, even as American trade policy grows more protectionist.
The MEI (Montreal Economic Institute) study concludes that Ottawa must make energy diversification a top priority, including simplifying regulatory hurdles, repealing the Impact Assessment Act and sending a clear message to investors that major infrastructure projects will not be blocked."

Quebec report shows resistance to pipelines cost $38 billion in trade war with US
Call it an opportunity cost on the order of $32 million per day, or $38 billion per year.