The Moment Danielle Smith Realized Canada Was Uninvestable
Episode Stats
Harmful content
Misogyny
3
sentences flagged
Summary
When did Danielle Smith realize that no one else would invest in an oil pipeline in Canada? And when did she start to realize that Canada was uninvestable in oil and gas development? In this video, I try to pinpoint the exact moment that Danielle Smith realized that nobody else would be willing to invest in Canada's oil pipeline.
Transcript
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I do this video today as a public service to all Canadians and, of course, my fellow Albertans.
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Hi, it's John and welcome to the channel. Monday, July the 6th. It is 5.47 a.m. I hope you're having
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a great start to your Monday. I hope you had a wonderful weekend as well with the big blue mug
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of coffee. I'm getting started later this morning, but I have been working on today's video
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for about three hours. It took me that much time to get the clips together to find what I was
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looking for and add the text and the graphics today. And it's going to be mostly clips, okay?
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But I'm doing this on behalf of all Canadians, all Albertans, because ladies and gentlemen of
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Canada and Alberta, we are all on the hook together for a $43 billion oil pipeline to the
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West Coast. Now, I know I've said that the pipeline will likely be more expensive than that,
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But let's stick at the high end of the estimate. So $43 billion pipeline. So my mission this
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morning was to try to pinpoint the approximate time that Danielle Smith realized that Canada
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was uninvestable. And I think I did that this morning. When she realized nobody would invest
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in an oil pipeline, because you do understand that she did say that if we had to use government
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money to buy the pipeline, it would be a failure. Having to build another pipeline with government
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money as being a success, it would be, I think, a failure of the exercise. I'm starting to see that
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clip spread around on the internet. That's what I tweeted right after this pipeline announcement
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the other day, the exact clip I'm seeing on X, which is fine. Spread it around and credit to
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Jasmine Lane for getting Danielle Smith to say that. Government money on a pipeline would be
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failure and here we are folks and we've talked about investment in alberta she has i won't play
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those clips for you 176 billion dollars in lost investment in oil and gas in alberta and you know
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in canada a trillion dollars in lost investment in canada through the trudeau years but she has
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said that there would be no taxpayers dollars going into a pipeline before she said it seven
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months ago with vashi capellas to be clear again for for albertans and canadians watching like
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is there any taxpayer money going into this thing well i can tell you the approach that we've taken
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which i'm pleased to see that other provinces and the federal government have replicated
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is offering loan guarantees one of the insights that my predecessor jason kenny had was that one
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of the reasons why bands are not able to take on ownership stakes is because they need a bank to
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ensure that they uh that they will underwrite the loan but that's the limit to the backstop that you
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you would provide with with taxpayer dollars correct like it would come in that form it would
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not be through any other means to fund the construction of a pipeline that would be the
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intention definitely I watched another video this morning when Vashie told David Eby that
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Danielle Smith had told her that twice on her show I couldn't find the other instance but we'll
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take Vashie's word for it on that so when did Danielle Smith realize that nobody wanted to
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invest in an oil pipeline. And thus, nobody wanted to invest in Canada, because Canada's
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uninvestable, and nobody wanted to invest in Alberta. It was around this time, five months
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ago, on Alberta Prime Time. Pay attention to the graphics and the text in this clip. It's not very
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long. On your efforts to drive development of a new pipeline, partnering on the MOU, how close
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are you to pulling necessary private sector investment on side? Well, I can tell you that
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we have every pipeline company at the table giving us their technical expertise. We've ruled out one
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particular port that I know was problematic in British Columbia, Kitimat. There's something
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like 140 kilometers of channel that would have to be navigated. But I would say that we have to
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clear a few hurdles. You have to remember TC Energy, Enbridge and others lost billions of
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dollars in regulatory processes going through and filing the papers and dotting all the i's and t's
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and even getting permitted approvals and then having the rug pulled out of them and so they're
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not that keen to go through that again they want some certainty that a pipeline is actually going
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to be built so we'll do our work put it into the major projects office and then we would hope that
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we would get a positive response to that with before the end of the year so that we can start
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seeing who will come forward and start building it. It was right around that time that she knew
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nobody wanted to invest in Canada and thus nobody wanted to invest in Alberta in a pipeline to the
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west coast. She started to change her tune. Of course, she wanted a northern route for the
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pipeline. It's now to the south, which doesn't make as much economic sense. And certainly from
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a standpoint of transporting oil, it's going to take longer. And then she started to try to do
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damage control by saying all the bad laws she wanted gone were gone when they really weren't.
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And we knew that the other day when Carney came out with Evie and said the tanker ban was still
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in place, one of the nine bad laws. Danielle Smith knew what needed to be done when it came
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to investment in this country, but she didn't do it. She is a failure on this and it's failed us
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as taxpayers in Canada and taxpayers in Alberta were on the hook for a $43 billion taxpayer-funded
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pipeline. If you like this video, give it a thumbs up, subscribe to the channel,
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ring the bell for notifications, and I'm going to let Danielle Smith have the last word on this
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video. If we want to be a rich country and we want to be able to keep up with our neighbors and
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growth, we've got to build things. We've got to dig things out of the ground. We've got to get
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products to market. We can't keep on borrowing and borrowing and borrowing and watching the kind
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of situation that we've seen over the last 10 years develop. That is not what Albertans want.
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It's not what Canadians want. But Alberta's pitch does note that the pipeline could cost an estimated