00:00:00.000Hey guys, Wyatt Claypool here and welcome back to the National Telegraph YouTube channel.
00:00:06.040I just quickly wanted to comment on this development around Mark Carney's potential
00:00:11.840maybe someday pipeline with Alberta Premier Danielle Smith. Now I want to start this video
00:00:18.660off saying I actually kind of agree here with Marty up north. We don't agree on everything,
00:00:23.900but on this we definitely agree. Not 100%, but I agree with the sentiment. He says
00:00:29.540it's too bad she had a lot of potential but she's going to go down as just another one-term premier
00:00:35.940and he is of course referring to alberta premier danielle smith because today she signed an
00:00:42.460agreement with mark carney to potentially maybe build a pipeline someday mark carney right here
00:00:49.320says today's agreement between canada and alberta will diversify our exports reduce our emissions
00:00:55.220and give investors the certainty they need to build.
00:00:58.080Together, we're building a stronger, more prosperous, and more sustainable future for all.
00:01:03.460Now, if the agreement commits to reduce our emissions,
00:01:07.680I'm sorry, but that is kind of what we call in the business foreshadowing
00:01:12.300that we're probably not going to actually get a pipeline.
00:01:16.020Now, everyone is ballyhooing the idea that this is a pipeline agreement.
00:01:22.020We know we're going to get a pipeline because we signed something that said
00:01:25.180pipeline in it. But this is not a pipeline agreement. This is another kicking the can
00:01:30.940down the road to potentially saying yes someday to a pipeline of some kind. What happens is on
00:01:39.720October 1st, 2026, Mark Carney will designate the concept of a West Coast pipeline as a project
00:01:47.780of national interest, and then may end up following up to give a construction approval
00:01:55.380to one in September of 2027. But none of this actually guarantees somebody is going to build
00:02:03.840a pipeline, or that the regulatory hurdles are going to be gotten out of the way for the pipeline.
00:02:10.600You will note that Bill C-69 and Bill C-48, I forget the exact technical names for them,
00:02:16.740are still in place. There is a federal conservative private members bill actually from my MP David
00:02:24.040McKenzie currently going through Parliament to try and repeal Bill C-48, which is one of the biggest
00:02:30.720hurdles that prevents any oil and gas from being shipped off of the northwest coast, a big hurdle
00:02:38.200to actually having any proponents step up and want to build a pipeline. Carney and the liberals could
00:02:44.220already gotten rid of Bill C-48 if they wanted. They could have gotten rid of Bill C-69. So what
00:02:49.400I'm seeing here is Danielle Smith has gone from what I assume to be a little bit of performative
00:02:55.800naivete to just being naive. She effectively committed to reducing emissions and paying more0.98
00:03:03.000money, just signing Alberta's oil and gas industry to paying more carbon taxes for the general vague
00:03:09.920promise that something might be built at some point, even though what she signed in theory
00:03:14.740actually makes it less attractive for a proponent to come forward. In many ways, maybe this does
00:03:20.060result in the pipeline and I'm going to look foolish. I've never closed the door to the
00:03:24.540possibility it might get built. I just don't think it's in the cards with Mark Carney. If he wanted
00:03:29.880to get one built, as people like Pierre Polyev have been suggesting, he could have immediately
00:03:35.140put out a permit, just said, I approve any pipeline concept going to the Northwest coast,
00:03:42.080and I'm going to get rid of all the regulatory hurdles, all the tax hurdles, and just get it
00:03:48.020going right now. He could have done that a long time ago. He's stretching out this process as
00:03:53.960long as possible. And already, the entire project has hit another new hurdle. And that is the
00:04:01.340Premier of British Columbia, David Eby, who after the announcement was made, immediately came out to
00:04:08.500attack Daniel Smith and Alberta. And you could say, well, this is just whining from David Eby.
00:04:14.780What does this matter anyways? It actually matters a lot because Prime Minister Mark Carney
00:04:21.640has said his Liberal government will only go forward with a pipeline if First Nations and
00:04:28.180the provinces approve. And David Eby here has basically said that he does not approve because
00:04:34.340Danielle Smith is a secret separatist or whatever. I'm going to read you guys this so you can
00:04:38.880just see how delusional this whole thing is. But the problem is Mark Carney is hinging the success
00:04:44.340of the project on a delusional person, David Eby. The next BC elections are not until 2028,
00:04:52.780And I do not see an early election in that province in the cards. And so even if Mark Carney stays true to giving a construction approval in 2027, the problem is he's going to let the BC government determine the speed at which things move forward or full on have a veto, give First Nations a veto because they don't like it.
00:05:15.460and apparently that was part of the formula. What I think Mark Carney is doing is what I've
00:05:20.360been saying he's been doing the entire time. He will keep saying yes while outsourcing saying no
00:05:25.640to other people later. But before we get into that statement with David Eby a little bit later
00:05:31.000in the show than I usually do this, I just want to remind you guys to like the video if you like
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00:06:12.240free, and I do not judge anyone for anything. Only give out of abundance, never scarcity.
00:06:18.480So here is what David Eby said on social media just a bit ago. He says, it cannot be the case
00:06:25.100that the projects that get prioritized in Canada are those where a premier threatens to leave the
00:06:30.940country. Next week, I'll be meeting with the prime minister to bring him a list of projects we can
00:06:35.520work on for the benefit of all Canadians. So what it sounds like here is NDP Premier David Eby
00:06:42.680is playing a brinksmanship game against both Alberta Premier Daniel Smith as well as Prime
00:06:50.420Minister Mark Carney. Now the problem for Mark Carney is again not only has he put decision-making
00:06:56.200power partially in the hands of Premier David Eby but more seats are at risk for the federal
00:07:04.120liberals in British Columbia than Alberta. I am predicting that, again, what is going to happen
00:07:10.800is that Eby and Carney are going to come to an agreement to basically slowly kill the prospects
00:07:16.080of a pipeline. Talk about how they worked some things out. They discussed how things need to
00:07:22.380move forward with full consultation with First Nations and environmental groups. And the timeline
00:07:28.400will keep going. But as time goes on, Mark Carney will start bumping back construction approval
00:07:33.420by a few months here and there and the media will keep saying it's just a few months they just have
00:07:38.600to talk to the Haida Gwaii they just have to talk to this indigenous group they just have to talk
00:07:43.060to the Heights Foundation and we will never actually get to a project remember we had what
00:07:49.440it was at the uh it wasn't the coastal link or it wasn't the TMX but you get my point we've had
00:07:55.660pipelines that almost started building even partially started building and got shut down
00:08:00.700The idea that we have the media now promoting and saying, see, Carney's pro pipeline. On the surface, I still have not seen any pipe actually laid down into the ground to get the thing to the coast. We are preemptively celebrating something that by definition is a year and a half away from even being theoretically started.
00:08:23.100but in uh in david eby's full statement here he says as a country it's time to stop rewarding bad
00:08:30.440behavior it cannot be the case that the projects that get prioritized in canada are those where
00:08:34.920a premier threatens to leave the country here in the bc we have the what the rest of the world is
00:08:40.020looking for critical minerals natural resources and port access we have shovel ready projects
00:08:45.000with real proponents and investments that will provide good paying jobs and funding for public
00:08:49.800services some of our 88 billion in prioritized projects have been reached final investment
00:08:54.760decisions creating thousands of new high-paying jobs despite this early success our 35 additional
00:09:00.200job creating projects need more attention and coordination with ottawa these 35 projects will
00:09:05.320bring jobs and prosperity to all of canada the federal government must work as closely must work
00:09:11.320as closely with us on these projects as they work with the government of alberta on daniel smith's
00:09:16.840proposed pipeline a project that has yet to identify a proponent or a route and it just
00:09:23.640keeps going on and trying to conspiracy conspiracy eyes about how danielle smith is secretly controlled
00:09:30.440by the separatist forces in alberta and she's threatening to leave the country never has danielle
00:09:36.120smith ever threatened to leave the country to have alberta separate she simply says the sentiment is
00:09:42.760there and it is growing because of the actions of ottawa now again i think that danielle smith is
00:09:49.800being played a little bit here by mark carney because she has just signed up to increasing
00:09:55.560the industrial carbon tax in alberta that was previously frozen at 95 dollars a ton
00:10:03.080right here in the ctv news report it says as reported earlier the deal lowers the effective
00:10:10.040carbon price for Alberta to 130 a ton by 2024 instead of 2030. As previously laid out in the
00:10:17.320memorandum of understanding signed by the pair in November, that deal originally laid out
00:10:22.280conditions for the new pipeline to the West Coast. The province estimates the new pricing will save
00:10:26.480the industry $250 billion by 2050. And it's like, well, okay, well, we're just pushing back the date
00:10:34.880to get to the $140 per ton. We shouldn't be increasing taxes at all. We had previously
00:10:41.740frozen it because that was the smart thing to do. In fact, if I was in charge, I would be slashing
00:10:48.260the industrial carbon tax, if not eliminating it entirely. So what Daniel Smith is kind of putting
00:10:56.500industry on the hook for right now is no actual pipeline approval, but we are going to have the
00:11:02.560industrial carbon tax start ticking up from $95 a ton towards that $140 a ton by 2040 with no
00:11:11.280actual guarantee it's going to lead to a pipeline. So we may end up losing industry, a bunch of
00:11:17.540revenue that's going to go to the government without actually anything on the table, anything
00:11:24.300tangible, tangibly gotten. But now I just want to quickly move on to one last thing I want to cover.
00:11:31.320And that is, of course, the media reaction to it, talking about how it's going to be very difficult for conservatives to criticize what has gone on here.
00:11:40.300Because apparently, if we say that we've, you know, if we say we're pro-pipeline and we sign documents that don't actually result in a pipeline, this means you are now beyond criticism.
00:11:50.500Here is a supposed conservative on the panel, Fred Delory, talking about this.
00:11:55.080The Conservatives say essentially nothing's changed here, which is, I don't know if that makes life difficult for Daniel Smith in Alberta, because if there's a proponent by Canada today, clearly something's changed.
00:12:07.000Look, it's very, very hard to be a Conservative messaging on this right now.
00:12:11.020It's like, Mark Carney, the day he's elected, should have grabbed a shovel and started digging that pipeline.
00:18:43.720because, oh, they said I shouldn't criticize.
00:18:46.700They said it looks bad for me to criticize this.
00:18:49.480don't criticize it. It's a non-plan. The media will always give you the worst possible advice
00:18:55.720because if you're a federal conservative, they want you to lose. Pierre Polyev has actually been,
00:19:01.900frankly, he's been taking my whiteboard ideas and he's been doing now videos on a chart with
00:19:10.820markers and whatnot. I don't think he actually stole it from me. But it's great to see him
00:19:15.600actually kind of getting analytical with the failures of the Liberal Party. I think he just
00:19:20.660needs to be extremely critical, but very sharply analytical in how he is critical. And that is
00:19:27.120what is going to help him basically undermine the myth of Mark Carney as like the conservative
00:19:32.900liberal. I don't think I can find this clip offhand right now. But Jonathan Wilkinson is a
00:19:41.200Liberal MP from North Vancouver, Capilano. And on his way out, he was saying, yeah, I probably can't
00:19:49.140find it right now. We covered it on the show previously. He was doing kind of like an exit
00:19:53.280interview on the CBC, and they were asking him about the possibility of a pipeline being built.
00:19:59.360Do you think Mark Carney is going to pursue a pipeline? Jonathan Wilkinson, a very green
00:20:04.900Liberal, said, no, I think he'll do the right thing, and he's not going to hammer a pipeline through
00:20:09.420in more words than that, but I'm paraphrasing. Have we seen Stephen Gilbeau, the guy who climbed
00:20:15.560the CN Tower to protest oil and gas, saying that he doesn't like this plan? No. He's saying that
00:20:22.260because he knows there's no pipeline coming from it. You would already have all the green activists1.00
00:20:27.060in the Liberal Party screaming bloody murder if this was actually going to result in a pipeline.
00:20:32.200They're all oddly quiet because they don't actually think it's going to happen. It'd be like
00:20:37.440It would be like if somebody who was against cutting spending in government was part of a government that announced it's going to do a bunch of spending reform, and this person didn't protest it at all.
00:20:50.180They're part of the government. They are very anti-cutting any spending, but they didn't mention. They didn't actually say that they disagree with it. It's almost like they know whatever's going to happen is going to not be that impactful.
00:21:01.640Anyways, with all that being said, thank you guys for watching this video.
00:21:07.140Check out the live stream I just did earlier today with Francis Whittowson about the CBC entrapment scheme.
00:21:13.200I thought it was an interesting discussion that we had.
00:21:15.720You can get to the point where a random bee crawls on my face for some reason.
00:21:20.240I don't know how a bee got into this room.
00:21:21.760I'm in like a basement room filming this show, and a giant bumblebee started crawling on my face while I was talking to Francis Whittowson.
00:21:29.000And at one point, I had to leave the thing just to kill it on the floor.
00:21:32.680So one person said that no bees were killed in the making of that podcast.
00:21:36.960There was a murder was committed, but I can tell you it was self-defense.
00:21:41.940Anyways, with all that being said, like, share, subscribe, consider hitting the join button,
00:21:47.320and I will see you guys all next time.