Mark Carney is using the pipeline situation as a way to ram through his carbon credit framework, a new "industry" which he and Brookfield have already set the stage to be the main winners of.
Why are Canadians okay with a Prime Minister using his power to get rich and not acting in Canadians' best interest?
Why do we need a carbon credit market which will increase the price of anything it applies to?
Canada
Your prime minister was installed. It's true.
He then won the election after having little chance.
Then he made deals to steal a majority.
His biggest accomplishment is enriching his own portfolio.
You are the only nation in the g20 having a recession.
They've shut down debate and are just ramming through bills to become law and entrap you in a digital prison.
And the majority defend it, love it, thank it.
Canada is being fleeced, we're being robbed, and most aren't mad at the people doing it, they're mad at the people seeing it.
So let me get this straight...
Canada is in a recession—the only G7 country currently in one. Unemployment is up. Inflation is rising. Food insecurity is at a record high.
Yet the highest proportion of Canadians since 2017 now say the country is on the right track.
That's either a remarkable display of optimism—or a sign that many Canadians aren't getting the full economic story from the news they consume.
Ottawa just announced a 20-year LNG deal with Germany and called it a milestone for Canadian energy.
Here is what they did not put in the press release.
Ksi Lisims has no final investment decision.
The project cost has ballooned from $10 billion to $26 billion.
The power line needed to run the facility has not been built.
Analysts say 10 million of 12 million tonnes of capacity needs buyers before the board commits.
Today's SEFE deal brings contracted capacity to 5 million tonnes.
The FID was supposed to happen in 2025. It didn't.
Hodgson says it could come within months.
So Carney announced a 20-year supply deal for a facility that has not been approved for construction, is not yet funded, and does not have power.
Jim and Iain break down the latest in Canadian energy 👇
I remember about 20 years ago a cabinet minister resigned over an $18 glass of orange juice. Now Carney spends almost $100k on luxury airplane food on 1 trip, and it's hardly news. We didn't tolerate this before, but somewhere over the last 20 years the Canadian public has lost it's balls.
National Post https://t.co/GDpdBDOgaz via @nationalpost
@MaloneyJason@ryangerritsen@debbiemako He’s First Nations so yes he’s untouchable, they already erased his previous federal criminal convictions from his record and he’s now a politician.
@mapleblooded@ryangerritsen Doesn’t matter we have a majority of liberal voters who ignore all that and just blame Trump instead for everything domestic in Canada. 🇨🇦
@mapleblooded@MarcNixon24 Nah my fellow Canadians have a short memory and only care about getting government subsidies. They are literally taxing us for Netflix now. I have lost all hope in this country getting back on the right track.
@RealToddChapman@timburchett@mikeman4w That’s the worst thing you could do lol. You guys need a third party vote. Things will never change in the two party system, Trump proved that. GL.