Juno News - March 13, 2020


Trudeau's plan to "phase out the oil sands" is working


Episode Stats

Length

3 minutes

Words per Minute

173.91745

Word Count

573

Sentence Count

1

Hate Speech Sentences

1


Summary

It looks like the fix was always in from the get-go on the Frontier Tech Oil Sands mine project. The Globe and Mail is reporting that for months now, liberal cabinet ministers and ministers have been working behind the scenes against this project.


Transcript

00:00:00.000 looks like the fix was always in from the get-go on the frontier tech oil sands mine project the
00:00:12.080 globe and mail reporting that for months now liberal cabinet ministers and mps have been
00:00:18.480 working behind the scenes against this thing wow wow wow and if we weren't dealing with coronavirus
00:00:25.360 and other big issues right now this would be the damning story right now of canadian politics
00:00:31.040 that the prime minister and other officials saying oh we're not sure what we're going to do
00:00:34.640 with this looking at the evidence meanwhile people within the party within cabinet people directly
00:00:41.680 connected to the prime minister working to undermine this thing from the get-go i wonder who they could
00:00:48.080 be what's named names catherine mckenna stephen guibbeau well i doubt those individuals were
00:00:53.440 giving two thumbs up to this project you know after we learned that that the trans canada pipeline
00:00:58.720 was not going ahead when we learned that we weren't getting a whole bunch of projects people said
00:01:03.120 frontier that's the project if trudeau can show he can do this and get this forward well there you go
00:01:08.320 there's still hope and that is of course not going forward is there hope warren buffett seems to say no
00:01:14.560 he's pulled away from a quebec lng project warren buffett is a value investor he's the the king of
00:01:20.240 value investing what value investing is is you're not just following markets up and down and what's
00:01:25.280 trendy and what's maybe going to have some cool new release that sees the stock you know go up by 30
00:01:30.480 on any given day take your money and run no he goes and looks at the underlying fundamentals of a
00:01:35.120 business of a sector of a particular company and says is there value in this why warren buffett says i
00:01:41.200 only invest in things i know i invest in staples of our life like toothpaste and so forth he has said there
00:01:47.040 is not value in the canadian resources sector he hasn't said that directly but that is basically
00:01:52.720 the implication of him withdrawing from this because this is a person who does not make hasty
00:01:58.720 moves and it seems like withdrawing after the liberal government or members in it actively working
00:02:05.840 to undermine the project incredibly frustrating to see all of that and and it really shows how things
00:02:11.840 have changed liberal ministers so he said justin trudeau jerry butts katherine mckenna they're
00:02:17.920 climate alarmists fine but there's still a good old guard there jean chretchen era paul martin era the
00:02:22.880 spirit still lives within them that you know they would always say well we're socially liberal but fiscally
00:02:28.080 conservative and they were business-minded and they cared about development and growing the economy
00:02:33.040 not anymore it's pretty clear that large swaths of the liberal party have been taken over with people of
00:02:38.720 a pretty far left agenda i would say very in tie with the ndp or in some cases even further left than
00:02:46.320 the ndp it's very disingenuous then for the prime minister and for deputy prime minister christy
00:02:51.280 freeland to meet with alberta say well we're here with you we feel your pain and so forth no it's
00:02:56.320 become increasingly clear that when justin trudeau said i want to phase out the oil sands that was
00:03:01.760 not a gaffe that was not a misspeak a passing fancy that was really the plan all along