Donald Trump is renewing the call to build the Keystone XL pipeline, Alberta s Premier says she s on board, and Saskatchewan s Scott Moll says he s not going to play doormat anymore. The gloves are off. The neglect and sabotage of Alberta and Saskatchewan by Eastern politicians will not be tolerated by Westerners anymore.
00:00:00.000Northern Gateway Pipeline. Cancelled. Energy East Pipeline. Cancelled. New oil sands expansions. Cancelled. Hundreds of billions in investment capital for new ports, pipelines and projects. All gone.
00:00:16.940Donald Trump is renewing the call to build the Keystone XL Pipeline. Cam Alberta's Premier says she's on board.
00:00:23.020Tara, Danielle Smith jumped in right away to support U.S. President Trump's call to resurrect the defunct project. Taking to social media, President Trump called on Calgary-based TC Energy, well, not by name, or another company to return to the U.S. to finish the pipeline that would bring Alberta oil to U.S. refineries.
00:00:42.200Trump said under his watch, Keystone XL would acquire easy regulatory approvals and an almost immediate start.
00:00:49.980Danielle Smith took to X to say this project should have never been shelved. Lower costs for American families is a big win.
00:00:57.100Here's the thing I find irritating about Eastern politicians.
00:01:01.620The reason I find it irritating is because we could have had Energy East, which would have expanded our ability to support our friends in Eastern Canada and also been an export market off the East Coast.
00:01:15.400We could have had Northern Gateway, which would have expanded and supported export markets in a more substantial way off the West Coast.
00:01:24.820And Eastern politicians advocated against those things.
00:01:29.240And so we went to work on expanding our access to the United States.
00:03:20.000You can probably understand why Albertans are mighty unhappy about that.
00:03:24.120The Conference Board of Canada just released a report concluding that this cap will cost the Alberta economy roughly $1 trillion in lost GDP,
00:03:33.120150,000 jobs, and $200 billion in provincial revenues by 2050.
00:03:38.980And the Canadian economy stands to lose even more.
00:03:41.720The results of these federal anti-energy laws have already been catastrophic to the Canadian economy and our investment reputation around the world.
00:04:07.140To the United States, the Middle East, and anywhere else but here.
00:04:11.720It's so bad, in fact, that in order to complete the Trans Mountain Pipeline expansion to Vancouver,
00:04:17.040Ottawa had to step in and buy the project from a private company that lost billions trying to navigate through all this government red tape,
00:04:24.940and ended up spending tens of billions of dollars more than initially budgeted due to cost overruns caused by their very own anti-energy legislation.
00:04:33.580We should all be glad it was finally built, but it should have been the private sector who built it.
00:04:38.860In any event, all of these laws combined constituted one of the greatest acts of national economic self-harm in our nation's history.
00:04:46.420No other nation would ever think to phase out its most valuable assets worth tens of trillions of dollars and hundreds of thousands of jobs for its people.
00:04:54.940That would be utterly self-destructive.
00:04:57.900And yet, that is exactly what Canada has done to itself.
00:05:01.160More and more Albertans, and Westerners in general, have figured it out.
00:05:07.320Canada's house is a mess, and no one's coming to fix it.
00:06:14.900Because I know this has been a real political flashpoint between you and the federal government.
00:06:19.780And based on what they say about wanting projects that are high chance of success and lots of support,
00:06:26.040I don't know if a pipeline is going to get there by the fall when it starts.
00:06:28.580Well, I can tell you that Alberta, as the owner of the resource, we can be one of the guaranteed shippers on that line.
00:06:35.320And that's what we did an announcement with Enbridge in January, saying that we're prepared to do that, and we are prepared to do that.
00:06:41.460And so if we have to help to underwrite a proposal in that way by guaranteeing barrels so that others in the industry are able to have the confidence,
00:06:51.460that's normally the way pipelines get built, is they line up the producers first.
00:06:54.720And so the problem that we have is that the producers aren't going to line up as long as there's an emissions cap that would require them to curtail their production.
00:07:01.400So the sequencing, though, becomes a problem, right, for you and to meet the demands of the letter you sent?
00:07:06.520Which is why I'm asking for those nine bad laws to be either substantially modified or repealed.
00:07:13.620I like pipelines, and pipelines in every direction are good things.
00:07:16.460And I'm glad to see the Americans see how important Alberta and our economy, especially the energy industry, is to the United States.
00:07:22.120The premier of Alberta isn't just talking tough.