Quote:
Originally Posted by TorqueDog
"Not sure if you live in Alberta but..." oh spare me, try using your eyes. Location: Calgary, AB
First, it was pretty clear that KXL was going to keep getting challenged in the US courts, and as mentioned in other posts, Trump was no friend to Canada either; twelve years later and it's still being fought in the courts. Maybe Biden cancelling the project is the equivalent of ripping off the bandaid. How many more years do we throw money and legal resources at this thing to get it built? If there's a chance our government can find a deal with the incoming Biden administration, they should exhaust every avenue. But once it's dead, then we need to pivot.
Second, I regard another four years of Trump in the WH and the resulting political damage and civil unrest that imposes not only on the US who are still our closest allies, but to the political climate in Canada and the rest of the world as clearly far more significant than the KXL is in the grand scheme of things.
KXL is ultimately a temporary fix, O&G is not going to be the massive driver for Alberta that it once was. It isn't going away overnight either so we need to leverage it however we can, but the UCP continuing to throw all Alberta's eggs into the O&G basket while hamstringing our tech sector growth early in their tenure was an unforced error. You can also blame the Federal government for putting our futures into a single project that required another nation to play ball when we had an approved Northern Gateway and a promising Energy East pipeline that would have expanded our market reach. Staking our future on the KXL was a strategic error on the part both our Provincial and Federal governments.
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lol not sure why you’re so prickly about me not knowing your location, I just didn’t want to assume you’re in Alberta because if you lived in BC or something this would have a lot less effect on you. I’ll know to take your profile and all your info on there super duper seriously and literally in the future.
Alberta’s future is tied to the energy industry. That’s just the reality. This decision will hurt albertas finances and money flow just like the first cancellation did. There’s no revenue stream on the horizon in anything else that can replicate the kind of cash flow this project would have brought. You can feel any way you want to feel about trump and his relationship with Canada I won’t argue with that. But it’s one thing to state that you’re ok with losing all this money and investment in our province in order to get the guy you don’t like out, quite another to stay consistent with that thought process in practice when the real world ramifications of this threaten something you like or want from the government. That’s all I’m saying. You can captain hindsight it by saying oh we should have built this, built that etc but at this moment in time, right now, Biden is axing further revenue from our province. You’re saying you’d take that over trump which is fair but just be consistent and recognize the downside of your preferred outcome next time you bemoan public budget cuts or whatever else. You can’t say you’re fine with losing money and then later complain about said lost money.