Meme - Mike Myers: "You were Trudeau economic adviser ?"
Mark Carney: "Yes and I did a great job"
"How much has GDP per capita grown in the past ten years?
US: +20.7%
Italy: +13.2%
Japan: +8.7%
France: +8.2%
UK: +7.7%
Germany: +4.7%
Canada: +0.5%"
Brookfield’s Deep Ties to Chinese Land, Loans, and Green Deals—And a Real Estate Tycoon With CCP Links—Raise Questions as Carney Takes Over from Trudeau - " review of corporate documents reveals that Brookfield—the influential $900 billion Canadian investment fund from which Liberal Prime Minister-to-be Mark Carney stepped away from in order to replace Justin Trudeau as Canada’s leader—maintains over $3 billion in politically sensitive investments with Chinese state-linked real estate and energy companies, along with a substantial offshore banking presence. One of its major real estate ventures, a $750 million entry into high-end Shanghai commercial property in 2013, involved a Hong Kong tycoon affiliated with the Chinese People’s Political Consultative Conference (CPPCC)—which the CIA labels a central “united front” entity of Beijing."
Canada's housing bubble can be traced to Mark Carney and his bias for easy policy: Jared Dillian - "After it became clear in 2010 that the developed world had exited the financial crisis, Carney raised rates just a little, to 1 per cent, and then left them there until 2013, when he joined the Bank of England. It is true that other central banks never got off the zero bound at all, but Canada’s recession was shallower and the recovery stronger. It has now been almost nine years since the overnight rate was last above 1 per cent. You can guess what happened next: a long period of negative real interest rates that led to an enormous misallocation of capital — again in residential real estate. A few years later, huge housing bubble — the same exact mistake as Greenspan. This is a little frustrating for central-bank watchers like me. The conventional wisdom is that if you leave rates too low for too long it leads to inflation in the prices of goods and services. That is what happened in the 1970s, but is not what is happening today. Lately, long periods of negative real interest rates haven’t led to goods inflation, it has led to asset price inflation in stocks, bonds and houses. So perhaps a different framework is needed for central bankers."
Meme - "I think the government is on THE RIGHT TRACK" - MARK CARNEY APRIL 30, 2023
"> 2 MILLION FOOD BANK VISITS in a single month
> DOUBLED rents, mortgages, and downpayments
>50% INCREASE in violent crime
> WORST DECLINE IN LIVING STANDARDS in 40 years
>OUT OF CONTROL SPENDING
>Immigration CRISIS
> 250% INCREASE in hate crimes
>HIGHER TAX
>BLOATED bureaucracy"
Meme - Mark Carney to Canadian passing him money: "Keep it! I scrapped the consumer carbon tax!"
Canadian: "Gee, thanks!"
*Carney's long hand taking money out of Canadian's bag with the Industrial Carbon Tax*
Dave Botterill on X - "he is full of crap. Friday fact check.. yesterday Mark Carney said "in 2008/9 when I was bank governor we avoided a recession" and in 2008 he said " We are now in a recession"."
Meme - "CHRISTIA FREELAND HAS BEEN THE FINANCE MINISTER FOR THE LAST 5 YEARS. MARK CARNEY HAS BEEN TRUDEAU'S ECONOMIC ADVISOR FOR THE LAST 5 YEARS. THE LAST 5 YEARS HAVE BEEN THE MOST DIFFICULT ECONOMIC TIMES IN CANADIAN HISTORY. IF YOU SUPPORT ANY OF THEM.. YOU CLEARLY HAVE BRAIN DAMAGE."
Meme - *Canada as crashed car on fire*
Trudeau passing Carney keys: "Finish it"
Carney lobbied mayor of Beijing ahead of Liberal leadership race - "Mark Carney only weeks before seeking the Liberal leadership lobbied Beijing’s mayor to “deepen cooperation,” according to official Chinese records. Carney on October 20 lobbied the Beijing mayor as chair of Brookfield Asset Management, according to an official account by the People’s Government of Beijing... Carney, the longtime economic advisor to former Prime Minister Justin Trudeau, sought to explore “growth potential of investing in China” — yet, according to Blacklock's Reporter, cabinet at the time had censured the Chinese Communist Party for unfair trade practices that would “cripple our own industry.”... Carney, selected by the Liberals on March 9 as party leader, and by default replacing Trudeau as prime minister, made no mention of lobbying the Mayor of Beijing."
Carney's former firm Brookfield has been accused of breaching Indigenous rights in 4 countries - "Under Mark Carney's leadership, global investment firm Brookfield was accused of breaching Indigenous rights or harming the environment in at least four countries, CBC Indigenous has found."
Firms should pay more for pollution, UN special envoy for climate Mark Carney - "According to the International Monetary Fund, the global average carbon price in 2019 was $2 per ton — and Carney said the charges need to be much higher."
Meme - "FUN FACT: If you flew from Toronto to London, England and back ONE MILLION TIMES, you still would not produce as much emissions as that one time Mark Carney decided to deforest the Amazon for profit. SOURCE; BBC, December 15, 2022"
Lorne Gunter: Mark Carney contradicts himself on pipelines question - "Remember last week when Liberal Leader Mark Carney promised a Calgary audience that his Liberal government would make Canada “the world’s leading energy superpower?” First of all, I don’t know how many times we Albertans are going to have to hear some Liberal politician come to our province and promise to advance our energy industry before we immediately break into gales of laughter. No Liberal means it. They all either want to take over our oil and gas industry or shut it down. None of them are up to any good when it comes to Alberta or energy. And if you want instant proof Carney was following this same pattern with his “superpower” pledge, consider what he said in an interview that aired Sunday on the Radio-Canada program Tout le monde en parle (the Whole World is Talking), a sort of French-language 60 Minutes. When asked about energy projects and pipelines Carney said (in French), “We have to choose a few projects, a few big projects, not necessarily pipelines, but maybe pipelines. We’ll see.” That’s where his real heart lies on pipelines. “We’ll see.” He didn’t say, “we’re going to build pipelines east and west to get our oil and gas to new markets so we don’t have to be as reliant on the Americans.” Nope. His commitment on pipelines was, “We’ll see,” which, of course, is no commitment at all. You’ll recall that when he was running to replace Justin Trudeau as Liberal leader, Carney told an audience in Kelowna, in English, he would use federal emergency powers to push major energy projects through, then just days later told Quebec reporters, in French, he would not impose any such projects on that province if it didn’t want them. Since becoming prime minister, Carney has also promised a transportation corridor from one coast to the other, but has added that he would not repeal the No More Pipelines Act (officially the Impact Assessment Act) that requires First Nations’ approval, Quebec’s approval and gender balance in any megaproject workforce. Carney also made Trudeau’s radical former environment minister Steven Guilbeault his senior minister from Quebec. And guess who’ll get to decide whether or not Quebec approves of any future pipeline. In other words, Carney has made big promises about turbocharging our energy sector, while at the same time clinging to Trudeau-era “green” policies and Quebec favouritism... My guess is that Carney is every bit as hostile to our oil and gas as Trudeau ever was, and what he means by Canada becoming an “energy superpower,” is a superpower in wind, solar and other “green” alternatives. If his Liberals are re-elected on April 28, they will shortly afterwards declare that Canada’s transition to a low-carbon economy is going so well we don’t need more oil and gas. Therefore, we just don’t need to build any more pipelines. Carney will insist there is no business case for pipelines the same way Trudeau claimed there was no business case for selling LNG to Germany, Japan and elsewhere. On the day Carney made his superpower pledge in Calgary (insert gales of laughter here), his Liberals released their energy platform which called for kickstarting “the clean energy supply chain,” getting “clean energy projects built quickly across Canada,” and building “an East-West electricity grid.” But no mention of pipelines. Believe if you want that Mark Carney is a different kind of Liberal — one who intends to jettison the foolish, woke, “green” obsessions of the last 10 years. But I won’t."
Former prime minister Stephen Harper accuses Mark Carney of exaggerating role during financial crisis - "“Carney’s experience is NOT the day-to-day management of Canada’s economy during the global financial crisis. I have listened, with increasing disbelief, to Mark Carney’s attempts to take credit for things he had little or nothing to do with back then,” Harper wrote. “He has been doing this at the expense of the late Jim Flaherty, among the greatest Finance Ministers in Canada’s history, who sadly is not here to defend his record. But let me be very clear: the hard calls during the 2008-2009 global financial crisis were made by Jim.” Harper added that Carney wants to talk about his role in the financial crisis to avoid shining light on his recent work advising Prime Minister Justin Trudeau and the federal Liberals. It’s a record that Harper said includes carbon taxes, blocking pipelines, large deficits, huge increases in the money supply and the “‘Century Initiative’ on immigration that aimed to rapidly increase Canada’s population to 100M.” “Carney has advocated for every one of these bad ideas,” Harper wrote. “So, the choice is indeed about ‘experience’ – Mark Carney’s experience in being wrong on all the big issues – versus Pierre Poilievre’s experience in being right on those same things. That’s why Pierre Poilievre, not Mark Carney, needs to be Canada’s prime minister.” Carney’s leadership campaign has largely focused on his economic credentials, pointing to experience leading the Bank of Canada during the global financial crisis, and later the Bank of England."
Some of the people touting Carney's experience in the private sector and who also slam PP for being in government all his life, so he doesn't know how the world works, were also upset that Trump was the first President with no government/military experience.
Why I would not hire Mark Carney - "If you were on the recruitment committee selecting the chief executive of a major corporation and a candidate was presented who, you learned, had an explosive temper, had plagiarized portions of his doctoral thesis (a doctorate that was necessary for the balance of his career), misrepresented his objectives, had been ineffective in his previous jobs and spent the last several years attacking your major revenue stream, how long would this candidacy last?... what if you were unaware of much of this, and only learned after his hiring that he had deceived his way into the position by misrepresenting his goals and beliefs? At law, that would be cause for his dismissal whenever you learned the truth... Remember Kim Campbell? She was also wildly popular when she first became PC leader, precisely because Canadians knew nothing about her and could therefore imbue their dreams, hopes and aspirations into what was essentially an empty vessel. But once we had learned more, Campbell was rejected in one of the most crushing electoral defeats in Canadian history, leaving the Conservatives with only two seats. Carney knows this risk, which is why he called an election immediately upon gaining leadership and opted for the earliest possible date, hoping that Canadians would vote during his honeymoon phase before appreciating who they were electing. While Canadians want change, Carney represents a more fervid, left-wing status quo. He has surrounded himself with the same set of cabinet ministers, MPs and other advisors who caused Canada to fall so far behind its competitors under Justin Trudeau. Even Chrystia Freeland, with her desultory eight per cent of the Liberal leadership vote, was handed two significant cabinet portfolios, as was Steven Guilbeault, our energy industry’s biggest adversary. The result of all of this cohort’s track record? For one, our wealthiest province now sits among the U.S. states with the lowest average per capita incomes, with housing unaffordable, crime through the roof and immigration expanded beyond our ability to handle it, bringing in immigrants who lack the skills this country actually needs... He has been caught lying on many topics since running for leader, such as his role in Brookfield’s decision to move its head office to the United States, and taking credit for important matters he had little or nothing to do with, such as helping Paul Martin balance the books — which he had no involvement in at all, as people who were there at the time have pointed out. Generally, in hiring for any important position, one does a reference check. What have we heard on that front? British commentators, both left and right, have little use for Carney. From the left: Larry Elliott, former economics editor for The Guardian, referred to his “volcanic temper“ and notes that “Bank staff were wary of getting on the wrong side of him.“ From the right: Matthew Lynn of the Daily Telegraph noted, “It takes only a cursory glance at his record to work out that Carney’s reputation is completely overblown.” In reality, he has been “over-promoted” and, in over eight years at the Bank of England, was at best an indifferent governor and at worst a disappointing failure. He “created a mess” and “… is the epitome of a remote, globalized, technocratic elite. He is very good at self-promotion, at collecting trophy jobs and of course negotiating fabulously generous salaries and expenses for himself. He is just not very good at delivering,” said Lynn. Carney’s most obvious failure is that his biggest engagement over the last few years — the Net Zero Banking Alliance he created to commit major international banks to net zero carbon emissions — has ignominiously collapsed, with every major U.S. bank and most others having dropped out... It is not merely lying at the time of recruitment that is cause for dismissal. If something is learned about an executive’s background that shows a genuine unfitness to serve, it can be cause whenever it is ascertained. For example, if it was discovered only after a CEO was hired that he had plagiarized his PhD thesis, it would be cause for discharge in a position where having a PhD was important. When “Dr.” Richard Clarke sued Coopers & Lybrand after being fired for cause when it was learned that he did not have the PhD he had claimed — which was requisite for his hiring — the court also ordered him to repay his bonus since, if he had not claimed to have a PhD, he would never have been eligible for a bonus in the first instance. If Carney was a Canadian CEO, his best defence would be that his deceptions were discovered before he was elected. But that runs against another strong theme of employment law, which is that a CEO can be dismissed without severance if they are found to be dishonest, particularly if they lie to obtain the position."
LILLEY: Carney snaps at reporter over questions about China - "China is an issue that won’t leave Liberal Leader Mark Carney alone and it’s clearly getting to him. On Thursday, he snapped at a reporter and disparaged a major daily newspaper for their coverage of his campaign and connections with China. “Well, I’m sorry, but you can’t believe everything you read in The Globe and Mail,” Carney said. His remarks were nasty in tone, he was snarky. He also seemed to be channeling Justin Trudeau who famously said, “The allegations in the Globe story this morning are false.” Those words were in response to reporting in February 2019 that said Trudeau had tried to pressure his then-attorney general Jody Wilson-Raybould to drop a prosecution against SNC-Lavalin and when she wouldn’t, he dropped her as attorney general. Despite Trudeau denying it, all of the allegations ended up being true, so it’s a bad look for Carney to be reminding people of Trudeau and his lies... The Globe and Mail reported that Carney had met with executives from the Jiangsu Commerce Council of Canada. The JCCC is a Toronto-based group founded more than twenty years ago to ostensibly foster ties between China and Canada, but it is widely viewed as a front group for China’s United Front Work Department. The UFWD works on behalf of the Chinese government in Beijing to, among other things, spy on and exert influence over the Chinese diaspora in places like Canada. Carney was angry in responding to the Globe reporter who asked about the meeting. “I’ve never heard of this group, okay? Never heard of this group. Certainly didn’t have a setup meeting with this group, full stop. So check your sources before you write things like that,” Carney said. Moments later, Steven Chase, one of the Globe reporters who wrote the original story, posted photos of Carney smiling and shaking hands with two different executives from the JCCC... Clearly though, and you can hear it in his voice, you can pick up from his choice of words, the issue of China is getting to Carney. For the past two weeks, Carney and the Liberals have been dogged with bad stories relating to China and being too close to Beijing... the federal government’s Security and Intelligence Threats to Elections (SITE) Task Force, revealed a coordinated effort by the Chinese government to boost Mark Carney’s appeal to Chinese Canadian voters... This came after the same tactics were used during the Liberal leadership campaign to attack and disparage Carney’s main rival, Chrystia Freeland. Beijing is clearly still interfering in Canada’s elections and Beijing clearly favours Mark Carney and the Liberals."
It's only fascism to criticise the media if it hurts the left wing agenda. Ditto for lying being bad
Canada's cities are riddled with crime. Carney has no plan - "In the two weeks of campaigning that we’ve seen since the election was called, Carney’s mentioned crime a mere three times... Carney’s entire take on justice can be reduced to rare emotional engagements while taking absolutely zero responsibility for policy and solutions... Former prime minister Justin Trudeau essentially legalized a population-wide venture into harm reduction by decriminalizing simple possession, with extra emphasis on Indigenous offenders, and giving drug injection sites a pass. Then, to reduce the incarceration rates of Black and Indigenous offenders, who are sentenced to prison at rates greater than the general population, he reduced mandatory minimums for certain crimes and expanded the availability of house arrest. Trudeau then launched Black and Indigenous justice strategies, with extensive plans for more race-based privileges in the system. None of this is likely to change under a Carney government. He’s still a social progressive at the end of the day, and he’s notorious for outsourcing his moral judgment. Case in point: when asked on Friday about whether he thought Quebec’s proposed expansion to its religious neutrality law, Bill 21, was discriminatory, he answered that he had no opinion... Really, the last time he appeared to care about crime was during the Freedom Convoy of 2022, when he declared the movement to be sedition, called for “choking off the money” and demanded that individuals be held responsible. Where’s this attitude when it comes to drug trafficking? Child luring? Domestic violence? Car theft? Street-blocking Hamas demonstrators? General urban disorder?"
WARMINGTON: Carney may be a boring banker, but drama still follows Liberals - "Trudeau seemed to relish dealing with hecklers and would battle them without missing a beat. Carney, who is getting a trial by fire on how to give daily speeches, seemed rattled by it all. His already understated delivery became slower and choppier... While his speech touched on Trump and Poilievre in a critical manner, it is interesting that Carney did not address this troubling faux paus or him saying that he was unaware of the pro-Beijing Jiangsu Commerce Council of Canada group despite having his picture taken with members of their leadership, which was reported in The Globe and Mail."
Carney, Myers lecture on being a Canadian after spending years abroad - "Just call that a Canadian citizenship hat trick because when it comes to nationalities, it’s been loudly reported that both Prime Minister Mark Carney and Canadian comedy legend Mike Myers each have three. Does it get any more Canadian than a British-Irish-Canadian prime minister and a U.S.-British-Canadian comedian bumping into each other in a hockey rink where they used American-Canadian Mr. Dressup as a test to solidify Hoser status?... like the previous “post-national state” prime minister Justin Trudeau liked to do, they are dressing up as Canadians in a fun, minute-long comedic TV spot that smartly dropped on the eve of a federal election call... Interestingly, there was no mention of how Myers — on Kelly Ripa’s show in 2022 — announced that he was an “American citizen,” and proud of it. Myers left Canada decades ago for an monster entertainment career in the United States. Carney not only left Canada to become the governor of the Bank of England, but just before becoming leader of the Liberals, moved his Brookfield investment company’s headquarters to New York. He’s on record at the World Economic Forum saying he was “speaking as a European.” Neither is known to have lived in Canada in recent years but still offered a tutorial on Canadianism."
Terence Corcoran: Mark Carney’s plan for ‘superpower’ Canada tricks voters - "According to an Ipsos poll released this week, Canadian voters give Mark Carney a lead over Pierre Poilievre when it comes to doing the “best job” in managing Canada’s energy and resources... What the pollsters did not ask, however, is whether Canadians have any clue about energy and environment policies. For example, they were not asked about the “voluntary carbon market” action announced Monday by Carney. Hypothetical question: “Do you agree with Mark Carney’s plan to work to establish an international voluntary carbon market that would allow polluters to be compensated for not emitting carbon pollution?” Duh! Whadyasay? Nor were the pollsters able to ask about the Carney election machine’s truckload of federal interventions, subsidies, regulations and agencies to create a “clean and conventional energy” superpower, policies the Liberal leader has been pushing on the world since his 2019 appointment as UN Special Envoy for Climate Action and Finance. Carney has also yet to explain how he will impose a carbon tax on corporate carbon emissions while building an energy superpower. But during a campaign speech in Victoria on Monday, Carney did promote one of his pet projects. Carney said that if elected, “globally Canada will work to establish international standards for voluntary carbon markets.” The objective, he said, will be to allow “those who choose to protect and conserve in order to fight climate change to be compensated for doing so. We understand that value determines value.”... Carney boasted that the “power of the market” properly structured “can turn billions of public capital into trillions of private investment.” To help unlock this market Carney created a Taskforce on Scaling Voluntary Carbon Markets , a private organization of 250 member institutions and corporations headed by a British banker. The voluntary carbon market (VCM) was approved at the UN COP26 meeting in Glasgow in 2021. It ran into immediate controversy when Carney’s climate heroine, Greta, along with indigenous groups, protested against carbon offsetting, arguing it undermines and delays real climate action. The VCM was nevertheless launched, although it has ultimately failed and is now a stagnant financial mess , brought down by lack of trust, major technical issues around carbon emission measurements, greenwashing allegations, and fears that Donald Trump will sabotage the whole operation. But Carney the vote-getter on Monday said a Liberal Canada would be assuming a global “leadership role” in an attempt to rescue voluntary carbon markets with new international standards. He plans to take his carbon market campaign to the upcoming COP30 climate conference in Brazil in November, he said. In effect, Carney the prime minister plans to assume his old role as UN Special Envoy for Climate Action. The initial claim was that VCMs would play a “critical role” in cutting global carbon emissions in half by 2030. Nothing happened. Global carbon emissions have continued to climb and are now up almost 30 per cent since the 2005 Kyoto Protocol set the target. The concept itself is baffling. Here’s one explanation : “Carbon credits can only be sold or purchased by businesses and governments. Carbon offsets, however, are carbon credits available on the voluntary carbon market. The voluntary carbon market enables entities participating in an emissions reduction project to sell credits that are not regulatory in nature. Anyone can purchase these credits.” Duh! Whassat again? It’s a model that has turned into a regulatory and financial dog’s breakfast . Carney’s executive role at Brookfield Asset Management has also raised conflict questions since a Brookfield subsidiary, Hartree Partners, is an active trader and Brookfield itself manages “a half-trillion-dollar portfolio with an enormous stake in renewable energy,” according to Bloomberg."
FIRST READING: Liberal promises just keep happening to intersect with Carney's business interests - "After Liberal Leader Mark Carney announced that Canada’s future lay in “prefabricated and modular housing,” online critics noted that his former company just happens to be a major player in the modular housing industry... After zeroing Canada’s consumer carbon tax last month, Carney unveiled a climate plan which promised to “improve subsidies for heat pumps to make home heating more affordable.” In 2023, Brookfield spent US$5 billion to acquire HomeServe, a British home repair multinational that has leaned hard into heat pump refurbishments. Carney’s links to HomeServe have gotten him into trouble as recently as October, when Britain’s The Telegraph reported that Carney had been actively lobbying the British government to increase heat pump subsidies on Brookfield’s behalf. “Mark (Carney) is working on our behalf in government and he did have a meeting on this with (Chancellor of the Exchequer) Rachel Reeves,” HomeServe founder Richard Harpin told The Telegraph. Carney’s newly released Canadian climate plan also promised to “increase financial incentives for energy efficient homes.” Brookfield Residential, the $6 billion property development arm of Brookfield Asset Management, is already a major builder of energy efficient homes in both Ontario and Alberta... Carney said he would maintain the Trudeau government’s 2019 Impact Assessment Act, the so-called “No New Pipelines Act” due to its much higher regulatory burden on new resource projects. This is despite rising support for a fast-tracked east-west pipeline that would reduce Canadian dependence on U.S. oil infrastructure. A recent Bloomberg-commissioned poll found that a record 77 per cent of Canadians supported such a project. While Carney has said it would make sense for Quebec to use Canadian oil instead of American, he said he would only support such a project “where we have the support of First Nations (and) we have the support of all the provinces, obviously including Quebec.” At the same time, Brookfield is closing in on a $9 billion deal to acquire the 8,850 kilometre Colonial Pipeline in the United States. Running from oil-rich Texas all the way to New York State, the Colonial Pipeline is basically an American equivalent to any future Alberta-to-Quebec pipeline... Carney is required to disclose his assets within 120 days of becoming prime minister, a deadline he won’t hit until after the election. Although he is not volunteering them before then, Brookfield’s own disclosures show that Carney holds options in the company that were worth US$6.8 million as of December... Carney is one of the wealthiest figures to ever become Canadian prime minister, and he has compared his situation to that of Paul Martin, who prior to entering politics was the CEO of the shipping juggernaut Canada Steamship Lines. In 2003, just prior to becoming prime minister, Martin sold the company to his sons, bowing to criticism that merely putting his shares in a blind trust would not be sufficient to avoid conflicts of interest. “I want Canadians to know that my only business … would be the public’s business,” Martin said at the time...
The Trudeau government was extremely conciliatory to the anti-Israel crowd in the months following the October 7 massacres in Southern Israel, to the point where they were once directly thanked by the leadership of Hamas. Nevertheless, they never endorsed the claim that Israel’s actions in Gaza constituted a “genocide.” So it’s notable that when a heckler at a Mark Carney event accused him of ignoring the “genocide happening in Palestine,” Carney replied “I’m aware, that’s why we have an arms embargo” — an apparent reference to Canada’s suspension of military exports to Israel. When asked about this later, Carney said he didn’t hear the word “genocide,” and just thought the heckler was shouting about “the situation” in Gaza."
John Ivison: Carney’s rosy energy promises meet the Liberals’ dismal record - "Carney was in Calgary in his home province on Wednesday trying to salve wounds that have festered over a decade during which Albertans viewed Liberal policies as a sustained assault on their interests... Carney tried to make nice, thanking Alberta’s energy workers “on behalf of a grateful nation. You are an integral part of Team Canada and you make Canada strong.” But many Westerners will remain skeptical, remembering another Trudeau visit to the province — this one in late 2012 — when he said he was there “to confront the ghosts associated with my father,” namely the hated National Energy Program. The younger Trudeau said the resource industry helped define Canada’s success and that “no country in the world would find 170 billion barrels of oil in the ground and leave it there.” But the reason the Liberals only have two MPs in the province is because many Albertans believe that’s exactly what Trudeau tried to do during his time in office. Carney has made conciliatory noises but has been less than precise about his plans to develop Canada’s resources since becoming prime minister, and he continued that tendency on Wednesday. We remain none the wiser on the consultations around an emissions cap that he referred to , or on the new “integrated” industrial carbon credit market that he has talked about obliquely. What he did say was that his government, if elected, would issue regulatory decisions after two years, instead of five, through a “one project, one review” process. He said Canada can’t lose sight of its response to climate change or long-term competitiveness in the energy sector. And that it means working closely with the industry to reduce emissions through carbon capture and storage projects. But he said regulatory substitution is possible, where provinces, territories or Indigenous groups lead project assessments... anyone with experience in the energy industry knows not to mistake motion for action. The tone is positive, but the Liberal government has been promising permitting reform and the implementation of one project, one assessment for at least a year. As Carney noted, British Columbia has already signed up for substitution agreements because the Impact Assessment Act already allows for this prospect. Even then, the federal government took months to make their own decision to approve the Tilbury Marine Jetty LNG project on the Fraser River in Delta, B.C... Heather Exner-Pirot, a senior fellow at the Macdonald-Laurier Institute, pointed to the NexGen Energy Rook uranium mine in northwestern Saskatchewan, which has provincial environmental approval, Indigenous consent, capital, and demand in place. It is, in the parlance, “shovel-ready,” but requires the green light from the Canadian Nuclear Safety Commission. CNSC staff have completed their review of the environmental impact statement and have now scheduled public hearings for … November 19 ."
Clearly, the climate change hystericist will promote oil and gas
