"Wildly profitable" is an insane way to say "will take decades of sustained demand to pay off"
But if we're going to do creative math to include broader govt revenue, you also have to include broader costs of decades of doubling down on fossil fuels -- such as the BILLIONS we'll pay in climate impacts.
@CraigBaird There is currently lots of flooding in Manitoba where you plan on travelling. Worth checking road closures and camping conditions before you head out.
Liberals are betraying their promise and now say public money will be used to pay for a new bitumen pipeline that will cost between $35 and $45 billion. This is an unnecessary, climate-damaging, uneconomic project the private sector won’t touch - and another big oil subsidy.
STATEMENT: Pipeline deal socializes the risk, privatizes the profit
Working people are on the hook for at least $50 Billion in public money – and we deserve answers.
https://t.co/U59stmRnTc
Today’s announcement shows what this federal government will protect above all else: the profits of Big Oil.
As we mark the five-year anniversary of a heat dome that killed 619 people in British Columbia – and as many communities across the country are facing extreme weather right now – Canadians deserve leadership that protects us. Instead, this government is doubling down on yesterday’s failed solutions and dragging us into further danger, risk and insecurity.
The opaque and confusing public-private partnership ownership structure means it's very likely that we, the public, will not only bear the risks and the damages, but also the lion's share of the costs.
Canada’s New Democrats unequivocally oppose this pipeline proposal. If anything, this is a pipeline to the courts. It ignores the federal government’s legal responsibility to meaningfully consult Indigenous nations, including Treaty 8 nations in Alberta, threatens endangered species, and accelerates climate change. It will sow the very divisions the Prime Minister claims he wants to avoid.
We do not achieve unity or prosperity from projects that pit communities against one another, all while a handful of oil and gas CEOs walk away with enormous profits.
While we're stuck fighting yesterday's battles over pipelines, and the Prime Minister openly admits that our emissions will rise, the rest of the world is racing ahead on renewables. We cannot afford to fall behind while other countries build the industries of the future.
Canadians deserve better than being told our only choice is another fight over another pipeline. This country needs an alternative to the Liberal-Conservative consensus that is doubling down on a future of climate-wrecking corporate welfare.
New Democrats are ready to build something bigger, safer, and better – a Canada that is a renewable energy superpower, with an east-west clean electricity grid and good green jobs in every region. Lower costs for families with home retrofits and heat pumps for all. Investing in the care economy as a nation-building project.
That’s what it looks like to build big things that actually unite this country.
i love that half the argument against rent control begins with wanting me to accept that my landlord apparently does repairs on my apartment. like lmao no he doesnt.
they didn’t just provide inaccurate statements - they stole tens millions of dollars from hundreds of thousands of people - overcharging them for more than two decades - and yet they get a fine that isn’t even a fraction of what they stole
These arguments are always so dumb because no matter how much poetic language they lavish upon the horrors of deferred maintenance, they leave out the unspoken proposal they are making which is "so wouldn't you rather just be priced out of your home, neighbourhood, and city?"
What @MarkJCarney isn't telling you is that Canada's government has the fiscal capacity to build tens of thousands of social housing units to alleviate the housing crisis.
Prime Minister Goldman Sachs would rather increase military spending radically and bail out developers than build social housing.
Dumping a bunch of garbage everywhere and leaving everybody else to deal with it and running off with ill-gotten gain—isn’t that also JPMorgan’s plan for Toronto’s waterfront that Ford and Carney love so much?
It was billed Build Canada Strong - not Bailout Developer Donors.
It appears free market principles only work one way: private profits, public losses.
This condo bailout won’t create a single new unit of affordable housing.
It’s time to create real non-market housing
And he’s still had time to un-ban harmful pesticides, create a draconian security state, cut social spending while committing billions to the military, tacitly accept Doug Ford’s destruction of Toronto’s waterfront for a dogshit aiport, and abandon indigenous rights. Busy guy!