Trudeau's plan to "phase out the oil sands" is working
Episode Stats
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173.91745
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
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looks like the fix was always in from the get-go on the frontier tech oil sands mine project the
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globe and mail reporting that for months now liberal cabinet ministers and mps have been
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working behind the scenes against this thing wow wow wow and if we weren't dealing with coronavirus
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and other big issues right now this would be the damning story right now of canadian politics
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that the prime minister and other officials saying oh we're not sure what we're going to do
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with this looking at the evidence meanwhile people within the party within cabinet people directly
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connected to the prime minister working to undermine this thing from the get-go i wonder who they could
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be what's named names catherine mckenna stephen guibbeau well i doubt those individuals were
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giving two thumbs up to this project you know after we learned that that the trans canada pipeline
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was not going ahead when we learned that we weren't getting a whole bunch of projects people said
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frontier that's the project if trudeau can show he can do this and get this forward well there you go
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there's still hope and that is of course not going forward is there hope warren buffett seems to say no
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he's pulled away from a quebec lng project warren buffett is a value investor he's the the king of
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value investing what value investing is is you're not just following markets up and down and what's
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trendy and what's maybe going to have some cool new release that sees the stock you know go up by 30
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on any given day take your money and run no he goes and looks at the underlying fundamentals of a
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business of a sector of a particular company and says is there value in this why warren buffett says i
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only invest in things i know i invest in staples of our life like toothpaste and so forth he has said there
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is not value in the canadian resources sector he hasn't said that directly but that is basically
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the implication of him withdrawing from this because this is a person who does not make hasty
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moves and it seems like withdrawing after the liberal government or members in it actively working
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to undermine the project incredibly frustrating to see all of that and and it really shows how things
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have changed liberal ministers so he said justin trudeau jerry butts katherine mckenna they're
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climate alarmists fine but there's still a good old guard there jean chretchen era paul martin era the
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spirit still lives within them that you know they would always say well we're socially liberal but fiscally
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conservative and they were business-minded and they cared about development and growing the economy
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not anymore it's pretty clear that large swaths of the liberal party have been taken over with people of
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a pretty far left agenda i would say very in tie with the ndp or in some cases even further left than
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the ndp it's very disingenuous then for the prime minister and for deputy prime minister christy
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freeland to meet with alberta say well we're here with you we feel your pain and so forth no it's
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become increasingly clear that when justin trudeau said i want to phase out the oil sands that was
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not a gaffe that was not a misspeak a passing fancy that was really the plan all along