Wednesday, October 3, 2018

As If The Trans Mountain PIpeline Could Not Become Worse - It Becomes More Vague: Liberals Throw Out Any and All Timelines On the Project The Liberals Purchased (With Our Tax Dollars)

With all the legal, enviromental and initial financial resoruces in hand (up until the recent Supreme Court decision to which it should never have been escalated and at least backing from the previous owner) this Liberal government chooses to forego appealing any Supreme Court decisions surrounding the Trans Canada pipeline and after three years of governing, NOW wants to sit down and "consult" with those parties that have claimed they were not consulted properly. 

This is not a case of speaking with a few dissidents.  No, in fact, "the government will re-initiate consultations with all 117 indigenous groups impacted by the project". 

"The minister was asked during the press conference on how he can hold consultations when it looks like the government has already decided to build the pipeline expansion, which it bought from Kinder Morgan Canada Ltd. earlier this year for C$4.5 billion ($3.5 billion). He said the government wouldn’t cap the length of indigenous consultation, and approach it with an “open mind and good faith". 

Having spent C$4.5B in taxes, the Liberals are in no way motivated to see this initiative through.

This leaves cannabis legalization as the only thing the Liberal government has accomplished in its term.

https://www.bloomberg.com/news/articles/2018-10-03/canada-won-t-appeal-pipeline-ruling-relaunches-consultation

A Brief USMCA Score Card

https://www.bloomberg.com/graphics/2018-nafta-vs-usmca/?srnd=premium-canada

Bill C-45: As Cannabis Legalization is Two Weeks Away, Here is Some Light Reading On the "Future" of Sunny Ways in Canada...

Just in time for Canadians to be stoned and amenable to the Liberal election campaign over the next year...

http://www.parl.ca/DocumentViewer/en/42-1/bill/C-45/royal-assent

LNG and Bill C-69: It Has Already Started - Liberals Looking For Ways To Kill Recent LNG Announcement

"Additionally, Bill C-69 requires consideration of how a project will impact Canada’s climate change obligations. However, it does not specify whether this assessment would include upstream or downstream greenhouse-gas emissions. Nor indicate how carbon pricing should be considered. Importantly, courts have yet to confirm the federal government’s jurisdiction under the constitution to regulate GHGs."

https://business.financialpost.com/opinion/ottawas-new-environmental-assessment-law-is-set-to-trample-all-over-provincial-rights

Cracks in the Vancouver Housing Market: 40% Decrease in Sales

http://business.financialpost.com/real-estate/real-estate-board-reports-metro-vancouver-home-sales-down-sharply

Tuesday, October 2, 2018

New LNG Pipeline: Let the "Have Not Been Consulted" Playbook Begin...Again

Although NAFTA (or now, USMCA...saying it to that infamous 70s tune) was an important and attention grabbing deal that had to be completed in some way, the Liberals have not pounded their chest on this one?

Why?

Is it because: the Liberals are masters of delaying (into the next election, like Trans Mountain), ii) the passive-aggressive tactics the Liberals use allow them to say words and appear "pro-pipeline" or in this case "pro-LNG"; however, there actions are sabotage appeasing also the protesters (at least letting the protesters think they have won...for now), or iii) the ad hoc and erratic "consultation process" has not been determined on this huge economic opportunity (waiting to see how the protest movement and environmental extremists are going to spin this one and mobilize). 

Who knows.  The fact that this has not been given the attention or been the lightning rod as much as Trans Mountain leads me to believe this is as far as LNG is going to go. 

I hope I am wrong.

https://business.financialpost.com/commodities/energy/update-3-massive-canada-lng-project-gets-green-light-as-asia-demand-for-fuel-booms