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Who will invest in Canada now?

jericho

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Rarely, if ever, has folly been granted such total rein, and incompetence a wider playground
lng_pipeline_202002181.jpg

Prime Minister Justin Trudeau delivers a statement in the House of Commons on Feb. 18.Sean Kilpatrick/The Canadian Press

If one were to assemble a group of the most insidiously devious minds that this world has spawned (the Prof. Moriartys and Lex Luthors of the world) and ask them to devise the surest way to snap the bonds of Canadian Confederation, disenchant and alienate an entire productive region of the country, paralyze the nation’s transportation system and, while they were at it, deepen the rift with Canada’s Indigenous citizens, they’d report back in a heartbeat: “Sorry, we can’t come up with anything that beats what you’ve already got — the present Trudeau government.”

Teck Resources’ announcement that it is shelving its proposed Frontier oilsands mine is a political earthquake. It is the capstone of this government’s anti-oil and anti-Alberta policies. It shows that the turbulence of the past three weeks is about to be surpassed by something larger.

The cancellation follows the West Coast tanker ban, the stalled Trans Mountain and the Coastal GasLink pipelines, the rejection of Energy East and the dense thicket of always swelling regulations, assessments, protests and court cases. Teck is the last of a dark chain of projects that have been scrapped or strangled, which has resulted in billions of dollars being chased away from the country and tens of thousands of jobs aborted, while the Trudeau government danced and chattered away with its useless crusade against carbon-dioxide emissions. Rarely, if ever, has folly been granted such total rein, and incompetence a wider playground.

We don’t have a government in Ottawa; we have an Instagram page with executive authority. And it is a disaster, not because it is Liberal, but because it is led by a dilettante playacting the part of prime minister. The events of recent days show him palpably fading in authority, presence and capacity.

In the waning days of the SNC-Lavalin scandal, Trudeau was heard defending his interference with the rule of law by saying, “I will never apologize for standing up, fighting for Canadian jobs.” In what dream world was he inhabiting when he floated that boast? Say it out loud in Alberta today. Or Saskatchewan. Or say it to farmers or people in the forestry, construction or resource-development industries. They are all bearing the pain and carrying the cost of the government’s carbon taxes.

I hope the apology king has some apologies ready. He should apologize to the 7,000 Canadians who won’t get a job now that Teck is dead, to Canadian taxpayers for the billions in revenue the treasury will have to forgo from all the projects killed or chased away and for his obsession with global warming, which has fed the neglect, and even hostility, towards Canada’s industrial core.

There are some who, even in these early hours, are proclaiming that Teck’s announcement gets the Trudeau government “off the hook,” because now it doesn’t have to make the call over whether to approve the project. I would advise these thinkers to leave their burrows. This is the hook. There isn’t a single corner in this world — heck, they probably heard it in Senegal — that doesn’t know that Canada is now a place where investments go to die, where projects eagerly embraced become lost in some cavity of madly overzealous regulation, spend years getting revised and receiving additional conditions for approval, are mocked and slandered by busy climate cowboys and, after billions of dollars spent, simply go away.

Alberta Premier Jason Kenney was right when he said that, “The factors that led to today’s decision further weaken national unity. The Government of Alberta agreed to every request and condition raised by the federal government for approving the Frontier project, including protecting bison and caribou habitat, regulation of oilsands emissions and securing full (unprecedented) Indigenous support.”

So was former B.C. premier Christy Clark when she said, “The Teck decision is a terrible turning point. Like Energy East, they were forced by ludicrously weak and confused fed policy to withdraw. Who will invest in Canada now??” Yes, who?

In all of this, however, my mind turns not to the leaders of industry or government, but to those who do not spout off on Twitter or drape ugly banners from bridges or high buildings. I think of the men and women who are fresh from trade schools and colleges, as well as older workers who have faced hardships due to the economic downturn. These people keep seeing glimpses of possible employment on the horizon and get animated by the fresh hope that work is on the way, only to see another project die, another dance of victory from the environmentalists and the anti-oil professionals. The job of these climate zealots is to make sure that no one else can get a job. And their job will never be finished, as there will always be another proposal to stop.

Rabid environmentalists put a blowtorch to the hopes and dreams of thousands of Canadian workers every time. They are gloating about their victory over Teck as we speak. It is a strange, strange world that would allow the amputation of our prospects, and leave unemployed people to worry their days away, while leaders head to Paris, or Davos, or even Senegal to chatter about “transitioning.”

It’s time to take the pot off the stove. It is boiling over with a fury.

https://nationalpost.com/opinion/re...s-the-culmination-of-trudeaus-anti-oil-agenda

 
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So the article suggests canada should forget carbon emissions and damage to the environment that can cause millions of deaths and instead focus on short term goals like a few thousand jobs? Humans really are morons when it comes to long term thinking. Or maybe its one of those pseudo intelllectuals who gets paid by oil companies for writing BS.
 
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So the article suggests canada should forget carbon emissions and damage to the environment that can cause millions of deaths and instead focus on short term goals like a few thousand jobs? Humans really are morons when it comes to long term thinking. Or maybe its one of those pseudo intelllectuals who gets paid by oil companies for writing BS.
1) The video below the article is an interview by Chief Economist of Deloitte who said it's not easy to do business in Canada, despite meeting all regulations, i am not sure if he is one of those pseudo intellectuals who gets paid to write BS?
2) I don't know which side is right or wrong, but since you mentioned that short term goal like few thousand jobs is less important than damage to environment, would you then want countries like Malaysia and Indonesia to stop exporting palm oil, for Pakistan to not import more palm oil from Malaysia, for labor workers in Pakistan to not work in oil rich countries in UAE and Saudi, which is 50-60% percent of remittance source to Pakistan (both oil producers right?), and for Pakistan to stop any oil, coal based projects?
 
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1) The video below the article is an interview by Chief Economist of Deloitte who said it's not easy to do business in Canada, despite meeting all regulations, i am not sure if he is one of those pseudo intellectuals who gets paid to write BS?
2) I don't know which side is right or wrong, but since you mentioned that short term goal like few thousand jobs is less important than damage to environment, would you then want countries like Malaysia and Indonesia to stop exporting palm oil, for Pakistan to not import more palm oil from Malaysia, for labor workers in Pakistan to not work in oil rich countries in UAE and Saudi, which is 50-60% percent of remittance source to Pakistan (both oil producers right?), and for Pakistan to stop any oil, coal based projects?

Ur comparison is wrong. Pakistan and canada cannot be compared, one is poor 3rd world while the other is rich. If a country is putting environment above others, why is it wrong? I am sure there can be alternative job creating ways. And yes i would want Pakistan also to "reduce" reliance on coal and furnace oil and invest more in nuclear and hydro enegy options. Plus palm oil is not that bad for environment as its still plant based.
The thing is there need to be a global effort towards it and since America went trump, its only canada and europe who might care abit for the environment and the right wingers in both are in pain and want greedy corporations to be let free.
 
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Ur comparison is wrong. Pakistan and canada cannot be compared, one is poor 3rd world while the other is rich. If a country is putting environment above others, why is it wrong? I am sure there can be alternative job creating ways.
So you would not want Pakistan to focus on long term environmental damage that can cause millions of death (as you claimed in previous post), and you are ok with them focusing on short term goal like jobs for people, correct? On paper, yes, one is "poor" developing country and another is developed "rich" country, but in reality, for people who lost jobs for delayed/cancelled projects, these paper economic terms is meaningless, thousands of people losing job anywhere is hard for those people, whether developing or developed nations. Rich countries does not mean everyone is rich buddy, there is a lot of homelessness in USA, Canada type nations too.
 
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So you would not want Pakistan to focus on long term environmental damage that can cause millions of death (as you claimed in previous post), and you are ok with them focusing on short term goal like jobs for people, correct? On paper, yes, one is "poor" developing country and another is developed "rich" country, but in reality, for people who lost jobs for delayed/cancelled projects, these paper economic terms is meaningless, thousands of people losing job anywhere is hard for those people, whether developing or developed nations. Rich countries does not mean everyone is rich buddy, there is a lot of homelessness in USA, Canada type nations too.

I said i would want Pakistan to reduce reliance on non green energy, as much as in its capacity. Yes ppl lost jobs but its easier for a rich country to compensate them somehow rather than for a poor country like Pakistan. In canada the state pays as well while in Pakistan u can die hungry n the state wont care. So my point, its easier for first world countries to take environmental friendly approaches and cope with its cons and if canada is doing that, we should appreciate them instead of criticising.
 
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I said i would want Pakistan to reduce reliance on non green energy, as much as in its capacity. Yes ppl lost jobs but its easier for a rich country to compensate them somehow rather than for a poor country like Pakistan. In canada the state pays as well while in Pakistan u can die hungry n the state wont care. So my point, its easier for first world countries to take environmental friendly approaches and cope with its cons and if canada is doing that, we should appreciate them instead of criticising.
In theory I would agree with what you said, but in reality, I think a lot of things are not as straightforward (in developing and developed world), this can be due to corruption or government being out of touch with ground realities
 
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