The deliberation time says it all, BC had no chance on this one. They were basically challenging one of the core tenets of the constitution with disengenuous arguments about problems with Bitumen specifically, with the overhanging fact that the government who initiated the suit is on record as willing to do anything possible to stop the project. It's good that it was dismissed, better than the other way, but this had no chance and the most important thing is pipe in the ground with oil flowing to the coast which we're still two years away from. It's not even the biggest challenge remaining, the continuing suits about FN consultations before the FCA are much more of a wildcard given how undefined the consulation processes are.
We're still a long way from being to claim victory and finally get fair value for our resources. The WTI-WCS spread is out to $25 dollars now, $10 more than when curtailment was announced and the highest since it disastrously blew out in 2018. Mexico and other resource-competent countries get to sell their comparable heavy crude for $52 while ours sells for $35, and we're going to have to take that punishment until TMX is finished, which is minimum two years away IF all these suits continue to get quashed, which they could not. One hurdle is cleared but many still remain, and tripping on just one of them brings us back to square one and extends the timeline of Canadians getting ####ed over on value for our finite non-renewable resources.
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