Carney's big pipeline LIE is being exposed! Danielle Smith calls his bluff
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Summary
When Prime Minister Mark Carney promised that he might approve a pipeline, well, Alberta Premier Danielle Smith and her UCP government is putting that to the test. They are willing to put $30 million on the table for a West Coast pipeline, but will it be enough to get the federal government on board?
Transcript
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Hey guys, Wyatt Claypool here. Remember when Prime Minister Mark Carney promised that he
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might approve a pipeline? Well, Alberta Premier Danielle Smith and her UCP government is putting
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that to the test. I've always thought that what Mark Carney was doing was merely rhetorically
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shifting. Before he became Prime Minister, he was very staunchly anti-pipeline, anti-oil and gas
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development, at least in Canada. And after becoming Prime Minister and having to run in the federal
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election, he had to moderate his rhetoric. So he said, well, of course I'll approve a pipeline if,
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and then the list of ifs is very long, and it means basically no. Mark Carney has just merely
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outsourced saying no to other parties, which are Indigenous groups, environmental groups, as well
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as other provincial governments. And so Danielle Smith, by saying that the government's willing to
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put $30 million on the table for a West Coast pipeline, is showing just how stupid the approval
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process is for a pipeline within this liberal government. It's basically saying, well, if you
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do an impossible task of getting every single person to agree, then I will also agree. It's stupid.
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Anyways, before we get into the details of this, guys, I just want to remind you, if you like the show,
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make sure to leave a like on this video, subscribe to the channel if you're not yet a subscriber,
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and leave a comment to tell me what you guys think helps us on the algorithm. And I do like
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scrolling through and seeing what people have to say. If I seem a little bit foggy headed, I am a
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little bit I've been dehydrated for three or four days, I actually had to go to the emergency room
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a couple days back, not because I was like, fainting, I felt super faint. But I had this weird
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thing where I don't feel when I'm becoming dehydrated. So I've been dehydrated for like weeks and didn't
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notice it. And now I'm slowly having to recover. But let's start off with this article from the
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Toronto Sun. And it reads, Carney liberals build groundwork to blame pipeline failure on private
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sector. This was just an opinion article breaking down the situation. I will link it in the description
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below. But it kind of sums up what I've already been talking about. Carney smartly will just continue
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saying, well, of course, I'm in favor of a pipeline, it just needs to be driven by the private sector.
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But at the same time, the man won't get out of the way of a new project. And he still has things like
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Bill C48 and Bill C69 in the way, preventing a project from being made. So he will not actually get
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rid of all the hurdles to for a private company willing to put up all the money to start a pipeline.
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And but he'll just sit there saying, well, of course, I'll prove it if they do that impossible task
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of putting way more money forward than any other oil and gas company would have to in another jurisdiction
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in order to get a project started or a pipeline built. But now let's jump over to what Danielle Smith is
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doing, because I find this quite smart. So what she is, she just dropped this video today, talking about
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the Alberta government's intention of helping fund a private sector pipeline project in order to help them
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clear these cost hurdles because of the federal government's hurdles that they put in the way.
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We've come together here today because Canada stands at a critical crossroads. Beneath our feet
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here in Alberta, we stand on oil reserves valued at over $9 trillion. What stands before us right now
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is a once in a generation opportunity to unlock our wealth of resources and become a world leading
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energy superpower. And that's why we are announcing that the government of Alberta will be the proponent
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of an oil pipeline to the northwest BC coast. With the support and technical advice of three major
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pipeline companies, including Southbow, Enbridge and Trans Mountain, our government will make a formal
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application to the federal project office under the Building Canada Act. With today's announcement,
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Alberta is prepared to answer the call to support global energy security efforts while creating lasting
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prosperity for Albertans and Canadians for generations to come.
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So she's basically put Carney in a corner. Well, you should have to say yes to this because, well,
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now there is a pipeline project. There are companies lined up nor jump on board. But Carney does have
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one weaselly card left up his sleeve. And that is the awful premier of British Columbia, David Eby,
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who said, well, of course, I'm in favor of a pipeline if it's private sector funded. Except now he's walking
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that back because apparently if the Alberta government's involved, that means it's bad,
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even though David Eby has never found something government run that he hasn't liked.
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You have in the past kind of given a range of answers that indicate that you might be willing
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to entertain an oil pipeline. So let me try again. You keep saying this is not a real project,
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but Alberta is filing an application. Will BC oppose that application? Or will it be leaving that up to
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Well, Justine, I disagree with the premise of your question. We have supported the tanker ban
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plan from the very beginning, because it is foundational to our ability to get some major
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projects done, including at the Port of Prince Rupert, including major export projects like LNG Canada
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that have facilitated a 4% increase in Canadian GDP. And to put that tanker ban at threat, it's not just a
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threat to our pristine coast that so many British Columbia, including myself value. But it is a direct
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economic threat to the kind of economy that we're trying to build in the country here.
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It's such a weaselly answer. What do you mean by threat? I thought he was maybe going to like
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weave into the answer where he's going to say, well, you know, international trade bodies won't
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want to work with us if we're poisoning the earth. And he doesn't even go there. He basically says,
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it's a threat to the economy I want to build. It's like, okay, so it's not a green economy.
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And then I'm going to cut to her later. Actually, I'm not even going to spoil it.
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So here's another party leader in BC that I need to say something about. And for once, I'm not going
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to say something bad about John Rustad. Am I going to say something good about him? No, he is purely
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irrelevant in this situation. By the way, guys, if you live in BC, make sure to join the 1BC party,
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you know, the party that's not firing staffers for saying true things about the Kamloops grave hoax.
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That will be another video for another day. But I will let David Eby finish up here.
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And so when I've said, let's cross that bridge, when we come to it, you know, we'll see what the
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premier comes up with. I'm being polite. I am being polite.
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Oh, wow. He's being polite. The human emu is being polite about this.
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There is no project. There is no bridge to cross unless the Albertan government and the federal
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Canadian government are committing billions of taxpayer dollars to build this project.
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And if that is the plan, then they should be transparent about it.
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Yeah, he's so polite right now. Getting mad about a project that the private sector is on board with.
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The Alberta government is giving seed money for it. And then the private sector is going to do the
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rest. I have not heard here. She's not. All that has to happen is for the government to basically say,
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okay, we will suspend Bill C-69 and Bill C-48 and we will let the project go forward.
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But again, there's all these random stupid hurdles that the government has put up and said,
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oh, wow, it's not economically viable. It's like, oh, wow. It's almost like when you shoot someone in
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the head, they don't move very much because that's effectively what the government's done to all these
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projects. On protecting our economy and our coast. Now, I hope that clears things up. But, you know,
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let's let's cross that bridge once she's got a proponent in the money.
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She does. OK, but whatever. Clears mud. Clears mud, David Eby. But now we have to cut over to
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something else, which is a man who is worse at politics than anyone I've seen. And that, of
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course, is Alberta NDP leader Nahid Nenshi. You are living in the oil and gas province and he is
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opposing this plan. He says right here in Daniel Smith's own words, this is an utter failure. A
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committee can't build a pipeline, especially when there's no route, no proponent and no real funding.
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There's also no commitment from the federal government to repeal the legislation that would
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make this pipeline possible. Well, he won't. Nahid Nenshi at the same time won't actually call
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for the government to repeal 4869. He doesn't care. And there's no there's no route proponent or real
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funding. The Alberta government is simply saying, if we put forward this money, will you guys tentatively
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say yes? And we can put out some route ideas. We can try and go over some of the plans that we could
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propose. The problem is, again, they are going into an area where everything is a landmine. And so she's
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saying, how about I put up the money, I get the companies together, and we say we want to make one to the
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northwest of British Columbia to export from there. Will you say yes to that as much as that? Okay, so now we
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will find indigenous partners who will let the pipeline go through their territory. That's all foolishness
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at the end of the day. But it's just how Alberta has to behave right now. Because of DRIPA in British
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Columbia, and under it being adopted federally, you're going to have to find some indigenous group
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who wants the pipeline. And frankly, the band council would be foolish to not want the pipeline.
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It's actual prosperity. It's not just handouts. But anyways, and Nahid Nenshi is attacking it.
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Who could guess why working class people don't vote for the Alberta NDP? But anyways, now I want to cut
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over to a interview that Daniel Smith did on CTV News with Vashi Kapelos. And then I need to get to
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the leader of the BC Greens, who again, was trying to attack this whole idea that these people would
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live in a fantasy world. It's ridiculous how these people just think you can drive an economy on like
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education dollars, and government services is 14 million that the max that your government will
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invest of taxpayer money? I hope so. But I as I've said, we will be prepared. Well, I'll tell you
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why. It's because we have a facility called the Alberta Indigenous Opportunities Corporation, where
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we have the ability to underwrite up to $3 billion in loan guarantees so that indigenous nations are able
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to take an equity stake. So that gives you an idea of how serious we are about underwriting these kinds
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of projects. We've already done that with 750 million worth of projects, including pipeline
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projects that are going. I mean, we got the number wrong. I think somewhere else I heard that they
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were willing to go up to 30 million as a direct grant. But then the 3 billion is obviously the more
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substantial amount to basically say, hey, as an indigenous band, we will literally give you the
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money to buy this thing, and then you can pay it off and the revenue it generates. It's very
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straightforward for these bands to say yes. To deliver $1.3 billion worth of revenue to a 43
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of our 44 nations. So we've already put our money where our mouth is, and we're prepared to do
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more of that. The federal government also has a similar type of program, and we're hoping to be
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able to partner with them on that. I think that that's the appropriate way for governments to
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intervene, is to make sure that indigenous equity stakes can be purchased and that they can get the
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long-term benefit from it. But just to be clear, like that's loans. I'm saying like right now you're
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putting $14 million in to get this process going. Are you going to put $5 billion in to get it
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built? That's the question. Well, look, we have to find out what it's going to cost to build.
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I've been told that it could be anywhere from $20 to $30 billion. And no, Alberta doesn't have the
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money to build $20 or $30 billion. We need a private sector proponent. The way we get a private sector
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proponent is we work with the federal government so that there's an answer that's going to be yes
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at the end of this process. And I am very confident when we get to that point, the private sector will
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come in. It's going to be up to Prime Minister Carney. And she has gotten that. When you have
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Enbridge and these other two oil and gas companies basically saying, okay, if there is a yes, we will
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dump money in because these companies could put that money in. But who's going to put money into
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an exploratory fund, which the Alberta government is right now paying for, when the answer could be no.
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And if you were the employee who improved that, or you were the executive on the board who proposed
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this, and you end up just wasting $20 million just to have a no, and to have your own investors be
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like, why did we even bother? Obviously, you're not going to go for it. But now there's actually a path
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forward. And it looks like the Carney government either has to actually put up or shut up and just
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admit that they were never actually serious about a pipeline.
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Whether or not he wants to work with us on being able to advance these kinds of projects or not,
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whether what he campaigned on in being a leader in the G7 and being an energy superpower on
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conventional and new energy is real. And so we will see. We'll know in pretty short order because
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we'll be meeting with him and we'll be continuing to do the technical work. And I would hope that the
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So yeah, that's where this thing currently sits at. I've talked to some people in the UCP,
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and they're not super confident Carney's actually going to say yes. If anything, this is again,
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the primary function of this, it should work. In a rational country, this should be a fine
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proposal that gets approved saying, oh, okay, good. You guys are willing to put the money to
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do the exploratory. If we say yes, these companies will then kick in the money and start immediately
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building. But no, really, it's just going to be Mark Carney probably, you know, humming and hawing
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about, oh, well, you know, the private sector hasn't put up all $20 billion already. Well,
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can it really be done? Also, I'm not going to get rid of Bill C-69, Bill C-40, and all the other
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stuff. But there is one more actor in all of this that is somehow more ridiculous. And it is Emily
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Lowen, who is the BC Green leader, who does in fact have two MLAs in the legislature. She says,
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hey, Danielle Smith, let's find out first if we're part of the same country before you come knocking
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with bitumen schemes, laughable national interest pitch from a province trying to break up the
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country. Last thing our climate coppers can afford is TMX 2.0 boondoggle. There's all these lies that
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go around about the Trans Mountain pipeline that somehow wasn't good. Like it makes money. It is,
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in fact, a net positive. It was not as big of a net positive as it could be, because again,
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the government has undermined so much confidence in the energy sector that they had to use all of
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taxpayer dollars in order to build a buy and extend the pipeline anyways. But like, goodness,
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this is the picture of why the Green Party is so unpopular federally and even provincially in BC,
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where it does the best out of anywhere. You can't drive an economy based on farmer's market jam and
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beeswax candles. And these people just think you can just naysay anything that smacks too much of
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capitalism. Oh my goodness. Energy? We might actually have jobs. Well, screw that. Kill the
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project. Oh my goodness. Anyway, and this is why you should want the 1BC party to gain more power in
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British Columbia, because you need a party that is just going to be through and through, pro-pipeline.
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That's it. We're not dealing with DRIPA. We want to repeal DRIPA. We want to just get pipelines built,
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because nothing can stand in the way of national economic interests. Stop having all these small
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little interest groups blocking everything forever. They don't even represent more than 5% of the
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population. And yet we cater constantly in this country to people who, in fact, are paid, so are
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basically profiting off of everyone else not profiting. It is like, these people hate capitalism,
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but they are, in fact, the cartoon characters that they paint capitalism as. Capitalism is very fair.
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These people make money holding up other projects, getting paid to advocate against other
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people's economic interests. That's actually disgusting. But anyways, that should be it for
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this video, guys. We will be back as soon as we have... Actually, no, wait, wait. We're not leaving,
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guys. We got another thing to talk about. We actually had a response from Pierre Polyev. This is how
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glassy-brained I am right now. I think Polyev had a really good response to all of this. And my friend
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Raheem Mohammed from National Post was the one who asked him the question.
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Raheem Mohammed, National Post. Yes, sir. Do you agree with your
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premier that a new West Coast pipeline is a litmus test for whether Canada still works and
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whether we can still build things in this country? Almost. I think it's a litmus test for Mark Carney.
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There was a lot of grandiose promises by Mr. Carney during the election that he would build,
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baby build. Build faster than you'd ever imagined we could build. So when is this building going to
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happen? Here we are, six months after he took office. And the new liberal government looks an
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awful lot like the old liberal government. The last six months looks an awful lot like the last 10 years
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where they block, baby block. So there's only one person who will decide if this pipeline gets built,
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and it's Mark Carney. So I would encourage you all to ignore provincial politicians who have no
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authority in this matter. Like the reality is the federal government has the full authority over
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interprovincial pipelines. So there's one man who stands in the way of this pipeline getting built.
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It's Mark Carney. If the liberals want it built, they will immediately repeal the tanker ban
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so the pipe can fill a ship that goes abroad, the production cap so that our producers can make
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enough oil to go in the pipe, and C69 so that the pipe can get rapidly approved. Mark Carney really
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only has to do one thing. Get out of the way. Get out of the way. I will note there is some good news
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followed by bad news. Canadian pipeline companies are building pipelines. That's the good news.
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Terrible news. Terrible news. They're building them in the United States of America without taxpayer
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support. Enbridge is building two pipelines right now in the US without taxpayer money. Trans-Canada
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pipelines is building $8.5 billion of brand new projects in the United States without taxpayer money.
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And again, it's the politics of basically exporting, or what was the outsourcing, saying no. Carney will
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say yes all day long. At the same time, he'll say, well, but David Eby doesn't want to do it. Oh,
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well, but this nation doesn't want to do the what's who what and don't want to do it. Well,
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these people don't want to do it. Oh, Wob Canoo doesn't want to do it in Manitoba. He'll just keep
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doing this forever until he's caught. And I'm happy that the UCP government in Alberta and Daniel Smith
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are trying to catch him as fast as possible so he can be exposed as a hypocrite. Anyways, so this is
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the real end of the video, guys. I need to go have a glass of water. Again, dehydration is a pain.
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Again, for some reason, I never understand that I'm becoming dehydrated, but I do just drink coffee
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like all day long. And I have like one glass of water in a day. It's stupidity on my part. But with
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all that being said, make sure to like the video, subscribe, you know, share it with your friends,
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leave a comment, and I will see you guys next time.