PD

citizen of the west, charcoal maximalist

[Sparrow Wallet 🐦 @SparrowWallet]

Unless @Apple's decision to terminate @craigraw's Apple Developer account is reversed by June 30, all new installs of Sparrow will fail, and development on macOS will end. If you value Sparrow, a repost would help. @AppleSupport

[bu/ac @buperac]

The 1971 Canadian $10 bill will always remain the GOAT 🐐

[Rick Rule @RealRickRule]

elbows up

[Co-op Tory 🍁 @CoopTory]

The Birds of Canada banknote series was so peak.

[Eric Nuttall @ericnuttall]

The Grand Ransom™️has now been signed: a reduced & deferred carbon tax to $140/t by 2040, and the promise of a new pipeline that "is tied to Pathways", a $30BN project that is irrelevant and enormously expensive. No other country in the world is doing this to themselves, just 🇨🇦.

[PD @pablodangerous]

POV: Celebrating the twin achievements of significantly retarding the growth and prosperity of a nation while simultaneously sucking up as much taxpayer money for yourself as possible.

[Heather Exner-Pirot @ExnerPirot]

If the industry has Keystone, they don’t need the northwest coast oil pipeline.
If they don’t need the northwest pipeline, they don’t need to pay for Pathways Alliance.

But Canada needs the northwest pipeline to be an energy superpower and diversify from the USA and help allies.

How will they get industry to fill it? Not with an escalating industrial carbon price.

[PD @pablodangerous]

@FriedgeHNIC Total HORSESHIT

[PD @pablodangerous]

@sidseixeiroshow Bullshit

[PD @pablodangerous]

@NHL your draft process is brutal. Seriously Toronto!?!? And SJS 2nd again?? Have you learned nothing from EDM stacking assets in one market.

[PD @pablodangerous]

@ExnerPirot We are finally moving closer to everybody knows that everybody knows that this is a bad idea. Please let it continue.

[Heather Exner-Pirot @ExnerPirot]

The cost of saying no:
➡️Northern Gateway capacity 525kb/(bitumen 400kbd, diluent 125kb/d)
➡️400kb/d at CAD $125 at tidewater x the Strait closed for 60 days = $3billion in lost revenues
➡️ government royalties and taxes ~33% = $1 billion
➡️ $1 billion = 10,000 nurses or 29 new schools
*That’s what we have given up from not having Northern Gateway, just since the Strait of Hormuz was closed*

H/T @B_A_Remillard

[PD @pablodangerous]

@ExnerPirot Sort of contrary to the third stated objective in the mandate: Peace, Order and Good Government

[Joseph Steinberg @jbsteinberg]

FYI: Norway's sovereign wealth fund invests 100% of its portfolio outside the country, in order to avoid distorting the domestic economy. What Carney is proposing is exactly the opposite.

[Heather Exner-Pirot @ExnerPirot]

People must appreciate that the 1980 National Energy Program was established as a result of the 1979 oil crisis that led to the federal government redistributing Alberta's windfall oil profits through new taxes. It led to a national unity and constitutional crisis, and eventually the new 1982 Constitution with the "resource amendment" s.92A that affirmed the provinces' exclusive jurisdiction over non-renewable resources.
The Carney government is giving just enough information to make every Albertan fear that this is what the Sovereign Wealth Fund is really about: an NEP 2.0.
I guess we will know tomorrow if those fears are justified.

[Martin Pelletier @MPelletierCIO]

Now we know why Carney kept BillC69. He can now hold the energy and resource industry hostage - if you want to get around these massive regulations you gotta pay a windfall or profit tax. And this is how he is going to fund this $25 billion sovereign wealth fund. It will get majority of Canadian support and crush the western provinces. @ABDanielleSmith just found out that she did a deal with the devil.

[PD @pablodangerous]

@FriedgeHNIC Agree it’s probably correct in the end. But weird how it went including the final call by ref that puck was completely over the line. As opposed to inconclusive.

[PD @pablodangerous]

@smalltownpete It was weird but in the end it was the right outcome.

[National Post @nationalpost]

Opinion: The $1.3 billion paid to the Cowichan Tribes over the last quarter century should be considered compensation for any lost lands
https://t.co/YvcyO9pzaF

[Macdonald-Laurier Institute @MLInstitute]

“I strongly recommend the federal government stop making our oil and gas and other energy-intensive and trade-exposed industries less globally competitive.”—@ExnerPirot

Today, MLI Director of Natural Resources, Energy, and Environment Heather Exner-Pirot testified at the Standing Committee on Environment and Sustainable Development regarding industrial carbon pricing.