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Old 08-26-2025, 11:14 AM   #27341
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Canada announces new partnership with Germany on critical minerals and energy

https://www.pm.gc.ca/en/news/news-re...l-minerals-and

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The Prime Minister also underlined the potential for deeper bilateral collaboration between Canada and Germany on liquified natural gas (LNG) and hydrogen, including through the Canada-Germany Energy Partnership. Canada will begin discussions regarding the supply of LNG to German buyers, while advancing co-operation under the Canada-Germany Hydrogen Alliance to develop a transatlantic hydrogen trade corridor that supports the clean energy transition and strengthens energy security.
https://financialpost.com/commoditie...rman-customers

https://www.ctvnews.ca/business/arti...hin-two-weeks/

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“Our government is in the process of unleashing half a trillion dollars of investment in energy infrastructure, port infrastructure, particularly intelligence infrastructure, as well, with AI,” Carney said Tuesday.

Speaking alongside German Chancellor Friedrich Merz in Berlin, the prime minister said the first of those investments will be announced “in the next two weeks” and pointed to building up the Port of Montreal and “a new port, effectively, in Churchill, Manitoba,” as examples.

“Which would open up enormous LNG, plus other opportunities, and other East Coast ports for those critical minerals,” Carney said.

“There is a lot happening. It’s the number one focus of this government— is to build that infrastructure, and particularly infrastructure that helps us deepen our partnership with European partners and particularly Germany.”
Meanwhile 3 years ago, while in the middle of a global energy crisis:

https://www.cbc.ca/news/politics/tru...rope-1.6558542

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"One of the challenges around LNG is the amount of investment required to build infrastructure for that," he said.

"There has never been a strong business case because of the distance from the gas fields, because of the need to transport that gas over long distances before liquefaction."
There was a recent post talking about business case LNG exports that I can no longer find, but I was going to discuss all the east coast LNG projects that got shelved or rejected over the past 10 years under the Trudeau government such as Repsol, Énergie Saguenay and several others.

Énergie Saguenay was rejected with joy by Guilbault just weeks before the invasion of Ukraine.

https://www.cbc.ca/news/canada/montr...ject-1.6320373

https://www.canada.ca/en/impact-asse...y-project.html

It's great to finally have a pragmatic adult running our country. It's disappointing that we lost a whole decade of country defining opportunities from the country chopping its own foot over ideology especially under the Trudeau-Singh coalition government.

"There has never been a strong business case" is now turning into "tremendous opportunity". Sometimes it's really not the party but the leader (hint hint CPC time to clean house)

Last edited by Firebot; 08-26-2025 at 11:21 AM.
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Old 08-26-2025, 11:21 AM   #27342
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Feds are going to need to get an equity position and lead the way if they want LNG on the east side to Europe, I’d think.

New large LNG projects (3-4 MTPA) in Canada will need a capital investment of $CD 40 - 50 billion (LNG terminal plus pipeline). That represents about a third to a half of the value of our largest energy infrastructure companies (ENB and TCE) who transact using a cost of service model (i.e.; they want others to take the risk on capital).

Putting capital at risk is nothing new for Canada’s oil and gas producers. But they do not have the collective size to put together $CD 40 - 50 billion. Rather than have our Governments make up the difference with subsidies (like we see happening with green energy on the east coast) which is not fair to taxpayers, my view is that there is a role - at least initially - for Governments to make equity investments in very large capital projects.

It also should happen ASAP if that’s the plan. The market is looking dubiously supplied in the short term- medium term and I wonder how many more of these are needed globally for supply over the next 100-200 years.
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Old 08-26-2025, 01:35 PM   #27343
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Saskatchewan is budgeting $900-million over four years to refurbish its three coal-fired power plants and extend their lives well past a federal 2030 phase-out deadline, the government says, citing energy security needs as it doubles down on its reliance on the fossil fuel.
https://www.theglobeandmail.com/busi...s-says-no-gas/

I 'spose this is the part where Smith lobbies hard against Moe to help protect the environment and preach about the climate benefits of natural gas, right? Black lung is an honourable sign of hard work and boot strappy-ness.

Or is Saskatchewan using the energy security angle based on Alberta separatism? Or are they just all hopelessly dumb backwards ####s who would be just as happy if we all burned coal for heat?

Sorry, Conservatives, but your movement is intellectually bankrupt, and the sooner y'all realize this and kick these troglodytes out of power, the sooner we can move on to prosperity in the modern world. No, your argument is invalid. Stop it already.

Last edited by Fuzz; 08-26-2025 at 01:39 PM.
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Old 08-26-2025, 01:48 PM   #27344
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Originally Posted by Wolven View Post
Canada should look to reopen those factories as Canada-only car manufacturing and detangle our production and supply chain from the US.
Or at least as much as will allow us to better export to alternative markets. I'm kind of surprised that the Big Automakers don't take more advantage of us being a part of CETA and CPTPP to make autos more suited to those markets.
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Old 08-28-2025, 12:48 PM   #27345
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Originally Posted by Firebot View Post
There was a recent post talking about business case LNG exports that I can no longer find, but I was going to discuss all the east coast LNG projects that got shelved or rejected over the past 10 years under the Trudeau government such as Repsol, Énergie Saguenay and several others.

Énergie Saguenay was rejected with joy by Guilbault just weeks before the invasion of Ukraine.

https://www.cbc.ca/news/canada/montr...ject-1.6320373

https://www.canada.ca/en/impact-asse...y-project.html

It's great to finally have a pragmatic adult running our country. It's disappointing that we lost a whole decade of country defining opportunities from the country chopping its own foot over ideology especially under the Trudeau-Singh coalition government.

"There has never been a strong business case" is now turning into "tremendous opportunity". Sometimes it's really not the party but the leader (hint hint CPC time to clean house)
Unless the government is going to subsidize a pipeline, East coast LNG is still very tough sell because of the costs of transport. Churchill might be a different story, but that has its own set of issues.

As for the agreement with Germany, it sounds like that will largely be achieved through offset agreements and cargo swaps involving west coast LNG exports. Basically, Germany and other European buyers will buy LNG from Canada's west coast terminals and then trade it for LNG in the Atlantic. So they'll secure a supply, but Canadian LNG won't actually be directly going to Europe.
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Old 08-29-2025, 11:16 AM   #27346
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New federal Major Projects Office to be based in Calgary: https://www.cbc.ca/news/politics/maj...rney-1.7620935

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Dawn Farrell, chair of the board of directors of the Trans Mountain Corporation, has been named the CEO of the Liberal government's Major Projects Office, Prime Minister Mark Carney announced Friday.

"Canada has always been a nation of builders," Carney said in a statement announcing the opening of the office. "I am thrilled that Dawn Farrell, one of Canada's most experienced executives, is stepping up to help lead this vital priority."

Before Farrell's appointment was made public, a source told Radio-Canada that Carney was looking for a candidate "with experience in carrying out large, complex projects involving several provinces, and who was able to navigate a regulatory environment."

The move is likely to help Carney strengthen ties between Ottawa and Alberta as the province's premier, Danielle Smith, has a good relationship with Farrell, according to a source that spoke to Radio-Canada.
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Old 08-29-2025, 11:29 AM   #27347
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Carney is proving to be a centrist who is working on pragmatic solutions.
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Old 08-29-2025, 02:10 PM   #27348
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As continues the tradition of every new Liberal Prime Minister trying to do things to make in-roads into Alberta.

This will change nothing, the province will cry how the Eastern Elites never do anything for them, and the Liberals will be blamed for literally every single failure of every single Albertan no matter how detached from reality it is and see yet another blue sweep of the province next Federal election.

Then when he wins a second term he'll realize it's pointless and will just do the bare minimum again.
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Old 08-29-2025, 07:36 PM   #27349
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What is wrong with this province?

I keep thinking at some point enough people will have moved here from other places who know that you can vote for different parties from time to time but it never happens.
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Old 08-29-2025, 07:59 PM   #27350
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That’s an odd thing to say, considering the reason he is a pragmatic centrist is that is he doing so many things completely differently than Trudeau did for the last 9 years. Trudeau said and did things that showed he had zero interest in even trying to appeal to the average Alberta voter, and was nothing close to being centrist or pragmatic.
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Old 08-29-2025, 08:02 PM   #27351
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Trudeau has nothing to do with anything at this point

He was a weak prime minister, just like Pierre or Scheer would've been. Luckily we don't have that problem right now
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Old 08-29-2025, 08:03 PM   #27352
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Quote:
Originally Posted by Ryan Coke View Post
That’s an odd thing to say, considering the reason he is a pragmatic centrist is that is he doing so many things completely differently than Trudeau did for the last 9 years. Trudeau said and did things that showed he had zero interest in even trying to appeal to the average Alberta voter, and was nothing close to being centrist or pragmatic.
Tell that to Pierre. Based solely on his social media rants you’d think they’re the same person.
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Old 08-29-2025, 08:39 PM   #27353
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Hmmmmm,
I was responding to someone who compared Alberta’s behaviour to Carney to other liberal prime ministers of the past. Then you guys bring up Pierre and Scheer, which nobody was talking about?
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Old 08-29-2025, 08:41 PM   #27354
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Quote:
Originally Posted by Ryan Coke View Post
That’s an odd thing to say, considering the reason he is a pragmatic centrist is that is he doing so many things completely differently than Trudeau did for the last 9 years. Trudeau said and did things that showed he had zero interest in even trying to appeal to the average Alberta voter, and was nothing close to being centrist or pragmatic.

Case in point.
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Old 08-29-2025, 08:57 PM   #27355
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I reside in the Battle River Crowfoot riding. I voted for him. I wouldn't say the residents or my town are uneducated. I'd say the 80% vote count exactly reflects the riding. We have different priorities than an inner city or suburban community would and that's ok.

We never see any politician come through our small town. Pierre came to our hometown of 400 people. Had coffee in the restaurant. Stopped in the village office and visited a few businesses. I know he likely won't be back. That's completely normal for our area.

To say we are pathetic or a bunch of backwater hicks isn't fair to rural people. There are lots of vey kind, hardworking average people out here. Many I'm sure you'd be proud to call a neighbor or friend if you got to know them.
In what way do you think Pierre Polievre, a propaganda spewing compulsive liar who has lived in major cities his entire life, was booted from his own (urban, affluent) riding with a reputation of never listening to his constituents, who historically in two decades as an MP has shown no semblance of intellectual integrity in his claims, has never held a job outside politics much less a blue collar job, and was willing to force your existing MP from missing reaching his time served for a pension, while himself being the youngest MP with a pension and an otherwise wealthy individual who had more expenses recorded as an opposition leader than the prime minister himself. The same person who gets his talking points from the same ideologies and philosophies as the Trump that is putting our nation into a recession in order to annex us.

He picked the easy riding that would vote for the conservatives regardless of policy. But you have a good reason for voting for him...I actually want to hear your answer.
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Old 08-29-2025, 09:03 PM   #27356
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Hmmmmm,
I was responding to someone who compared Alberta’s behaviour to Carney to other liberal prime ministers of the past. Then you guys bring up Pierre and Scheer, which nobody was talking about?
I was actually agreeing with you. Unfortunately some appear to believe he is the second coming of Trudeau. I think that’s why we see so many of the people who bumper stickers talking about how they wanted to bang Trudeau that have switched to now wanting to bang Carney.

Voters should be happy when they see politicians acting more pragmatically.
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Old 08-29-2025, 10:38 PM   #27357
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Originally Posted by GranteedEV View Post
In what way do you think Pierre Polievre, a propaganda spewing compulsive liar who has lived in major cities his entire life, was booted from his own (urban, affluent) riding with a reputation of never listening to his constituents, who historically in two decades as an MP has shown no semblance of intellectual integrity in his claims, has never held a job outside politics much less a blue collar job, and was willing to force your existing MP from missing reaching his time served for a pension, while himself being the youngest MP with a pension and an otherwise wealthy individual who had more expenses recorded as an opposition leader than the prime minister himself. The same person who gets his talking points from the same ideologies and philosophies as the Trump that is putting our nation into a recession in order to annex us.

He picked the easy riding that would vote for the conservatives regardless of policy. But you have a good reason for voting for him...I actually want to hear your answer.
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