Do NOTHING Carney... Good at Announcing Announcements, but NOTHING has changed
Episode Stats
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Summary
Nothing has changed since Mark Carney announced a major projects office in Calgary on March 21st, 2019. Is there anything that has changed now that the office has been opened? and what does it mean for the future of the oil and gas industry in Alberta?
Transcript
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Hi, it's John and welcome to the channel 454 AM. I hope you're having a great start to your Sunday,
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August the 31st on a Labor Day weekend. Hope you've got tomorrow off as well. I've got my
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big blue mug of coffee. Thank you so much for being here. If you haven't subscribed to the
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channel, please click on subscribe. Thank you so much. If you have subscribed, I do appreciate it.
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So today, I want to follow up on a video I did yesterday regarding Mark Carney when it
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comes to throwing Alberta scraps. I'm not going to be on the same theme here today, but I want to
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talk to you about Mark Carney on how he likes to make announcements about announcements about
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announcements about announcements. He never really does anything, but he does a lot of announcements,
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which makes his fan base just go gaga crazy, folks. It's true. And he announced the fact that
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we're having this major projects office opening up here in Calgary. The woman that's running it,
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her name is Dawn Farrell, a former oil executive who has connections to Carney through his web of
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conflicts of interest, by the way, through Brookfield. He can't write this stuff. Go over to Moose on the
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loose. He'll bring up this little graph and she's connected with Carney through other people
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and no doubt will enrich herself and we'll get nothing done because nothing has really changed.
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Nothing has changed in this country. You announce an office after you announce an office after you
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announce an office. I'm going to take you back to March 21st. Now, I don't think it was called the
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major projects office back then, but Carney was asked questions about building things in this country.
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Let's just run through this short clip or run through a few things here and we'll see what's
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changed now that we have this major projects office. So here is Mark Carney back on March the 21st or
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thereabouts. It could have been the 20th, but this was uploaded on March the 21st prior to the
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election by more than a month. So listen to what the reporter asks off the top and we'll get to
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that little bit in just a moment. He asked about a specific pipeline. This is what Carney says,
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and has anything really changed now that we've got a major projects office? Let's take a look.
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Global news. You talked about nation building and energy corridors. Is the federal government willing
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to build an oil and gas pipeline similar to what Mr. Trudeau did with TMX?
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Well, I think what the spirit of what we're doing as first ministers and what we're doing as the
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federal government is creating a framework so that the private sector will be building
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these projects. And I think part of the reason, if I may, that the federal government with TMX became
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involved is in part because of uncertainty about the regulatory environment, the authorities and the
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permitting that was required. Okay. So let's, let's see what he has said. He wants to get the private
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sector to invest in a pipeline is basically what he's saying. And this is what he's hoping, I guess,
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with his major projects office that he opened in Calgary. We'll get to the TMX thing in just a
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moment. Is the regulatory situation better in Canada now than it was on March the 21st when it
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comes to investment here? It isn't. It isn't at all. The same regulations are in place that has oil and
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gas industry shying away from investment in Alberta when it comes to our oil and gas industry. Nothing has
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changed at all. Danielle Smith has been very clear on this, talking about this, on how it's almost a chicken
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and the egg thing. David Eby, remember him out in the BC says, well, I'm interested in talking about
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an oil pipeline to the coast when we have investment. And Danielle Smith says, how are we going to have
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investment if we have these continuing regulations in place? She's been very clear on this. She was
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clear on this when Trudeau was prime minister. And she's also brought the same thing up when Mark Carney
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has been prime minister. Under normal circumstances, we're a natural gas basin. We've got 12,000 megawatts
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of natural gas on our grid. Why in the world would I only have 41,000 megawatts of solar and
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wind in the queue and virtually no natural gas? That is absolutely underscoring why nobody wants
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to invest in natural gas in our province. That is 100% because of the uncertainty that the federal
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government created from this act. So how many of those projects, how many projects would be there
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if they hadn't created that uncertainty? I don't know if I can calculate that, but I know it would be a
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heck of a lot more than zero that we have right now. We've raised nine bad laws that we think are
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going to be necessary to repeal or substantially revise in order to get the business investor
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confidence back. So yes, great for us to be looking like we might be able to make some progress on
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getting a pipeline or more on that major projects list, but it doesn't solve the underlying problem
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of the shattered investor confidence because of 10 years of terrible lawmaking by the Liberals.
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So we have to ask the question, with this new office in place in Calgary, with one of Mark
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Carney's hand-picked people to create these major projects, projects that Mark Carney and the Liberal
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Party are going to choose, they're going to hand out the scraps to Alberta. We want it all. He wants
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to determine what we can and cannot build. And we know what his plan really is. It's not about oil
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and gas. It's about his green agenda because that's what's going to happen with this. He will end up
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enriching himself and his friends being the Prime Minister of the country. But let's move on from
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this because right now the regulations are still in place. Danielle Smith has talked about them.
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We're two weeks away from her deadline. I'm going to bring it up again. She's got nine demands and
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nothing has changed at all. Yet Carney has announced that he's announced that he's announced a major
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projects office here. So let's move on in his video and let's continue along here. We'll get back,
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we're going to get to TMX here. Let's hear what he has to say. So from an action perspective,
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coming together with consensus, moving quickly on approvals, maintaining standards, but moving
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quickly on approvals. In other words, not duplicating approvals. We can create an environment
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where the taxpayer's money is not at risk, but private money is building not just pipelines.
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Okay. I'm going to just stop it right there. What is the consensus he talks about? Has the
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consensus changed since March the 21st? Has any of that changed? The consensus is still in place,
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folks. We've talked about it here. His consensus is he has to have the buy-in of the provinces
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and he has to have the buy-in of the indigenous, but he hasn't got the buy-in of either.
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There are provinces across this country, mainly British Columbia, Manitoba now, Quebec,
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who don't want oil and gas pipelines running through their territories. And we have indigenous
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groups that are willing to get in the way in every way possible. If Ontario wants to develop
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its ring of fire in the North, indigenous groups are already going to court to make that stop.
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And Mark Carney has given them the veto. So there is no consensus here. As far as Canadian taxpayers'
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dollars going into these projects, it's the only money that's going to go into these projects
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because we don't have the investment that he talks about. There is no investment in an oil and gas
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pipeline in this country right now. The liberal government has stifled investment in this country
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in oil and gas. And until they're out of the way, and Mark Carney and his regulations and the tanker
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ban and the pipeline ban and all of those things and emissions caps, we're not going to have an oil
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pipeline in this country because there will be no consensus. There will be no investment because Mark
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Carney doesn't want it to happen. He's made it very convenient for himself. And he's the arbiter
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of what gets built in this country right now. As far as TMX goes, he mentioned TMX. The question
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off the top from this reporter was, you know, like Trudeau built TMX. Well, TMX, I think the government
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paid something like three and a half billion dollars for it. They were going to invest a little more in
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it to get TMX built. Originally, TMX was going to be built by a private company, but it got bought up
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by taxpayers' dollars and it ended up costing $34 billion. The liberal supporters love to point this
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out. Trudeau got a pipeline built, but it ended up costing taxpayers four or five times what it should
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have cost. And it should have cost taxpayers virtually nothing. But Mark Carney doesn't want to build
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anything. Daniel Smith's been very clear about if the government has to put money into a pipeline,
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it will be. Well, how did she put it? She said it will be a failure.
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That being said, I don't think it'll be a success if we have to have the federal government build the
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pipeline. I think we have to create the conditions where the private sector has confidence that they
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can build it in a reasonable period of time, that there's going to be not only a yes on the permitting,
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but also a yes on the construction. Daniel Smith basically says that this will be a failure if
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taxpayers' dollars have to be involved in building a pipeline. Carney addresses this in this short
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little video here. Listen to what he says. We can create an environment where the taxpayers' money
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is not at risk, but private money is building not just pipelines in that case, but cross-border
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electricity, inner ties, something we discussed at length as first ministers, so that clean electricity
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is moving across borders. This is his ultimate plan. He wants clean electricity. This is Carney's idea
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of being an energy superpower, but he talks about public dollars and taxpayers' dollars not being at
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risk. Whose money is going to be at risk here? Private companies? Well, that's why they're not investing
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right now because of the regulations that the liberal government still have in place, and Carney has
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done nothing to change. So he makes this announcement in March. He rolls out in June. This is after the
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election, and he makes an announcement about his announcement. A new federal major project office
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will bring together all the relevant federal departments and agencies to provide a single set of
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conditions that must be met for the project to move forward. And then he makes an announcement. Let me see
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if I got this right. He makes an announcement in July about an announcement, about an announcement,
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but nothing has really changed other than he's now got a name for the office, which we
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now know is in Calgary. Our new federal major projects office will be open by Labor Day, providing
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a single point of contact for governments, proponents, and communities for proposals.
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And within the last 24 hours, he makes an announcement about the announcement, about the announcement,
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about the announcement, and nothing has changed and nothing's been done. Nothing has changed. All the
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regulations, all the vetoes, I've called them outs, and the outs are indigenous and provinces are all still
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in place. And not only that, but Mark Carney and the government, with the help of the conservatives,
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have passed Bill C-5, which gives the control over any major projects to Mark Carney and the liberal
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government, not Alberta. If we were independent, we could make these decisions on our own and probably
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cut ourselves a really good deal and probably find investment because we'd be open to investment.
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Companies would be lining up to get our oil out of the ground because it's worth a lot of money,
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but that's not what Mark Carney wants. Nothing has changed. Nothing.
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Nothing is changed and nothing gets done. Do nothing, Carney. If you like the video,
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give me a thumbs up. Subscribe to the channel. Ring the bell for notifications. I will see you
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in the next one. I tip my big blue mug to you. Have a great Sunday.