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Originally Posted by Goriders
The numbers don’t work because of the hurdles they put in place.
It was a conscious effort by the current regime to neuter the energy industry by taking away the expansion of market access and infrastructure as well as scaring away foreign investment via project uncertainty. All of which they were successful in achieving. Not to the benefit of Canada. This will be reversed under the next government.
When you have ideologues running federal portfolios you have a 50% chance that they will sabotage their area of responsibility. What did everyone think would happen when an ex member of greenpeace was put in charge of decision making over energy projects. What a horrible decision that was.
I wonder how many billions of dollars our environment minister cost Canada in GDP over the last decade? Wonder if he could pay us back for it.
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You don't actually know what you are talking about. I'm not going to hold your hand, so you can go find the news articles yourself, but commercially it did not make sense. Alberta did not have enough production capacity to fill all the planned pipelines, including TMX and more importantly for TC, KXL, which financially was a far better bet, and hadn't been dragged into the anti pipeline talk at that point, where EE had challenges in QC. So they abandoned the EE line, as at that point it was conceptual, and KXL had the plans in the works. Planning and building a pipeline is a massive financial investment, so you want to get it right. If you have issues with EE, take it up with the business community and their profit driven motives, and stop blaming Canadian governments.
OK, can we please move on from this false history forever, now? Please?