True Patriot Love

00:00:00.000 one of canada's most accomplished and experienced politicians is dan mctagg the liberal mp in the

00:00:20.560 pickering scarborough ajax area from 1993 to 2011 for john christian and paul martin two giants at

00:00:26.960 canadian politics he's also the gas price wizard and he's currently the president of canadians

00:00:32.080 for affordable energy affordableenergy.ca and he joins us today dan how are you i'm very good and

00:00:38.000 really pumped that i'm here with you today joe yeah likewise before we get to pipelines and oil

00:00:43.360 and gas in canada i'd be remiss if i didn't ask you about the decision from stellantis to move the

00:00:49.360 plant from um brampton had been there for decades to illinois and the ceo stellantis was on

00:00:56.880 cnbc this morning and said they're responding to president trump's desire to move more

00:01:01.520 manufacturing to the usa this comes the piggyback after all levels the government invested billions

00:01:07.520 of dollars in stellantis for an ev plant um talk about the decision to move the plant and what

00:01:13.200 happens to all that money that we gave them yeah well good question that's some 15 billion dollars

00:01:18.800 some of that's for the uh stellantis lg in uh in in windsor the big plant which is still being built and

00:01:24.960 uh looks like big empty shells for now uh but the brampton plant uh i'm old enough to remember when

00:01:31.520 it was the amc plant building the uh the jeep back 75 76 so uh and of course a build they built a big

00:01:38.880 huge natural gas pinker plant right behind it to make sure that it and brampton had enough power uh and

00:01:44.560 so the future looked very bright especially it was going to be evs but uh as we all know dodge uh

00:01:50.080 celantis of course a combination of uh of renault fiat and uh the old dodge plymouth um has uh really

00:01:58.320 reneged on uh the idea that it can go forward with evs now with the united states not so much on the

00:02:03.360 terrace but not going down this road of this dark ridiculous path that canada's been on of ev mandates

00:02:09.520 the united states are not going to shove electric vehicles down people's throats at costs and uh uh

00:02:14.560 you know a loss of uh their independence a loss of their finances uh so as a result of that it made

00:02:21.440 building the charger the ev charger at that plant it made uh building the uh the jeep compass uh at that

00:02:29.120 plant uh impossible and so for now it's mothballed we could see perhaps a scenario where i think uh and i'm

00:02:35.520 spitballing here that uh maybe uh china will come in once the tariffs are removed i believe they will

00:02:40.960 be um depending on how this thing goes and maybe they'll be assembling chinese-made evs there at some

00:02:47.280 point but for now it's bad news and it does signal a much deeper problem malaise uh that we have backed

00:02:54.240 the wrong horse in canada when it came to electric vehicles to begin with all under the rubric of net zero

00:02:59.680 which our prime minister was very much a part of as was the predecessor and they're now realizing

00:03:04.720 that this is crumbling right before them well this is as someone who's lived in ontario a long time

00:03:09.920 and a canadian worried about the future of the country i'm worried about the future of the gm plant

00:03:14.800 in oshawa and the four plant in oakville two major manufacturing job producing companies in this

00:03:20.880 country well let me tell you a little bit about those i work public relations for taylor to canada

00:03:25.600 before i was elected so i know a little bit about this industry a little bit more uh the you know the

00:03:30.320 average uh backyard mechanic but i can and those who are making comments about the future what

00:03:35.200 concerns me is that the oakville plant was an ev plant now turned into a heavy duty plant only one

00:03:40.880 shift oshawa down reduced lost its uh light duty now doing the heavy duty trucks only one shift something

00:03:48.240 changes those plants could be shut down in a moment's notice now they could be used as what we call flex

00:03:53.200 plants or swing plants that's an option if things get better but i think the future is most uncertain for the

00:04:00.080 automotive sector and uh speaking of my old company the largest exporter of vehicles to the united

00:04:05.120 states a company that said no to electric vehicles and uh grifting and getting all sorts of subsidies

00:04:10.960 borrowed money much of it uh in order to pay for this these fantasies these flight of fantasies the

00:04:16.560 reality is that uh for many of us it's time for a very serious rethink of the automotive sector by the

00:04:22.240 way i'm not worried about tariffs in the automotive sector simply because we created this automotive

00:04:26.800 sector in a time in which there were terrible tariffs there were tons of tariffs that doesn't affect

00:04:31.440 uh the the the uh the elasticity of this particular industry what's most important is when you lose

00:04:38.480 a major component of your market which is that nobody's going to buy evs in the united states because

00:04:43.520 they don't have to meanwhile canada's going to sit here a little bit like thumb-sucking dolts having 1.00

00:04:48.560 to figure out why we uh we want to buy these and why we want to be forced to drive these uh these things

00:04:53.920 that no one apparently wants without massive subsidies so explain this to me and explain

00:04:58.960 this to our viewers dan that i know the mayor of parry sound we have a summer place there and

00:05:04.560 they said they simply don't have the infrastructure that for everyone all the cottagers to have electric

00:05:09.760 cars they wouldn't be able to do it and i know i had to help our daughter move to edmonton and driving

00:05:14.960 across lake superior and western canada i didn't see any charging stations outside major cities where do you

00:05:22.000 charge an electric vehicle down you don't and where does a farmer with uh two four thousand acres

00:05:27.600 uh of uh wheat uh charge up their uh their their their combine in the middle of nowhere uh the

00:05:34.480 reality is it would take uh probably a quadrupling of the number of ev chargers we have uh before we

00:05:40.560 could actually get to the point where it could critically displace reasonably internal combustion

00:05:45.840 engines which continue to be more and more and more efficient i don't care about what it does for

00:05:50.960 gasoline i can tell you that when a four cylinder could do what an eight cylinder 15 years ago and

00:05:55.600 when you see things uh inventions that are you know way better than what we had with uh simply the uh

00:06:01.200 the invention of the catalytic converter some 50 years ago 51 years ago uh you know vehicles are

00:06:06.880 extraordinarily clean they're extremely efficient uh they can be 100 recycled all those things are not

00:06:13.520 boxes you can check off when it comes to electric vehicles and at the end of the day you can't ask

00:06:18.080 canadians who are becoming poorer and poorer with greater and greater taxes with a government that

00:06:21.920 has a spending problem to come somehow fork over more money so that people could virtue signaling

00:06:27.040 they're these woke rides look there's a place for these things um maybe in downtown toronto but i

00:06:32.240 would say in downtown toronto you but you should take public transit but beyond that uh this is not

00:06:37.360 efficient and china will eat our lunch on this and clean our clocks any given day for those who want to 0.83

00:06:42.640 drive an ev fine have at it pay for it and if you want to have china come in and dump those products 0.93

00:06:47.600 in here you know understand there are implications for that as well but at the end of the day there's

00:06:52.880 no substitution for an internal combustion engine why we tried the electric vehicles in 1920s and we

00:06:57.920 walked away from it we were a lot smarter than we need to get uh we need to chew down on some more

00:07:02.480 smartening up pills these days indeed you know your experience is extensive as an mp in the house of

00:07:08.480 commons working for two of the great politicians this country's ever produced and i i guess for

00:07:14.160 a lot of people we don't understand the inner workings of the canadian government very well

00:07:18.160 because we just don't have access to it how much money does the country make from the sale of oil and

00:07:23.760 gas in this country net about 25 billion dollars that's been the average over the past four or five

00:07:31.760 years with the exception of covid and with the exception of the downturn that we did see back in uh

00:07:37.440 2014 2015 but generally speaking 2025 net billion dollars going to federal provincial uh and even

00:07:45.200 municipal coffers yes municipalities pick up about what uh two billion bucks for the green municipal

00:07:51.280 funds and things like that so everybody's in for the grift and what it's why it becomes so odd

00:07:57.280 that people want to kill the golden goose black pipelines let's have your mission caps let's stop tanker

00:08:04.080 bans in the meantime the americans bring their oil down from alaska around the down the west coast

00:08:09.280 you couldn't imagine a more unserious uh unthoughtful nation that uh you know that that subscribes to

00:08:17.120 this as we have with canada and the the the effect is telling our food banks are growing our joblessness

00:08:23.760 especially among youth is is ballooning to levels we haven't seen in two to three decades and we are

00:08:30.000 likely to see a major major fiscal uh catastrophe on november the 4th and as much as mark carney wants

00:08:37.600 to tap dance around us and his friends and grifters want to you know say it's it's okay we can break it

00:08:42.640 into you know capital expenditures and you know uh pay to pay expenditures the reality is when you hit a

00:08:48.320 hundred billion dollar deficit the bonnery agencies are going to take that very seriously and start

00:08:53.200 downgrading your credit then the fur is going to fly because for up to now they've been absolutely silent

00:08:58.800 they actually believed if you can jim can you believe this we have one rating agencies so i'm

00:09:02.720 thinking of standard and poor's i'm thinking of uh you know of uh morningstar dbrs say oh the federal

00:09:09.600 government can use the cpp the canada pension plan collateralize his debt they can't i mean come on

00:09:16.080 wake up someone needs to uh someone needs to pick up what's happened here cam is in a very very

00:09:21.120 difficult position of its own making this earlier this year i reread pierre burton's classic book the

00:09:28.240 last spike about canadians in the late 1800s doing the impossible in building a railroad from ontario

00:09:35.200 all the way to bc on unclaimed land we as canadians have found ways to do amazing things why did the

00:09:42.880 pipeline become the four-letter word in canadian politics that it's like the third rail all of a

00:09:48.560 sudden even to talk about it well i think that's because we had the luxury of sitting back and uh and

00:09:55.040 saying oh everything's just fine we can borrow and maintain our standard living by borrowing more

00:09:59.200 money going deeper into debt and not realizing the very things that have made this country prosperous

00:10:05.360 unique and enviable has to do with its resource sector look countries come to canada not because

00:10:10.880 of our ai they don't come here because they like our uh you know our state-of-the-art technology

00:10:15.600 manufacturing they're here because they want our natural gas they want our wheat they want our force

00:10:20.960 uh if we can get some of our clean water and they definitely want our energy and when you have 12

00:10:26.320 of our best trading partners over and above the united states coming to canada saying can you please

00:10:31.280 give us some natural gas and oil we say no there's no business case for it what an absolute fraud to have

00:10:38.320 made that kind of a commitment to deny the country trillions of dollars in economic opportunity that to me

00:10:44.880 is not just a betrayal of the future of this country it's an abandonment of reason and anybody

00:10:50.640 who would have looked at this like i didn't say there's a reason why i don't want to be pumped part

00:10:54.800 of this liberal party is because it has gone so far to the left and become so much part of an agenda

00:11:00.400 that is foreign to the country and devastating to the country that it's not recognizable it's a 0.92

00:11:05.360 mongrel of its former self it's a cult and unfortunately canadians are now going to start 0.98

00:11:10.320 to pay a very heavy price for their ignorance and their elbows up you know dan there's also a 0.95

00:11:16.560 geopolitical aspect to what you're talking about i know a lot of european countries say they will

00:11:22.320 eagerly buy liquefied natural gas if there's a pipeline from alberta to churchill manitoba and

00:11:28.080 cut russia right out and starve them financially if they have no money they have no war in ukraine that 0.79

00:11:33.440 seems like a win-win to me as a canadian it does you know so many fronts we could have been

00:11:39.520 champions of this remember i want your audience to know jim we had 17 lng projects long before the

00:11:45.600 americans had any and back before it was trendy and considered long before putin's designs on uh on

00:11:52.000 ukraine become became deadly evident we had these projects and one by one they were quashed we were

00:11:58.160 told there's no reasonable grounds in which you can pass these things we will regulate you to death

00:12:03.200 and if that weren't enough our course will be used as a form of lawfare warfare against your uh

00:12:08.640 these projects and yet the americans in my time working at gas buddy for instance from 2014 to

00:12:14.320 2018 2019 built seven of these projects in some of the hottest conditions in that existing united states

00:12:21.440 you built them in places like texas and florida you know full well that the liquefy requires an

00:12:27.280 enormous amount of energy in order to get them to condense them to cool them down and so uh they

00:12:32.240 built seven while canada sat back you know uh sort of wait waiting for this thing to go by as we

00:12:38.560 naval gazed and uh tried to pretend we were the international boy scouts when it came to climate

00:12:43.360 as if something that's like this is anything but a solution to the climate nevertheless at the end of

00:12:48.320 the day what's really galling for canadians you sell your natural gas for three dollars a million

00:12:54.160 cubic meters to the united states they uh cubic feet i should say sorry uh they they in turn sell

00:13:00.640 it to russia to uh to europe uh to offset russia for 15 or 16 dollars a cubic uh million cubic feet

00:13:09.280 so we are suckers half of the stuff that's going the united states is actually canadian product but we 0.74

00:13:13.680 don't bother to bring it to process it to make it lng now we have one project but if you have to go

00:13:20.240 through this many hurdles no wonder no one wants to invest in canada and uh premiers like uh john uh

00:13:26.160 like uh david evey and his predecessor the late john horgan he said we'll use every tool in the

00:13:31.040 toolbox to block these pipelines or anything to me that is economic vandalism and no premier and no

00:13:37.920 person in this country should be allowed to stifle the interests of the many uh that uh uh that

00:13:43.440 come way before the interests and the selfishness and the woke ideas of a few well and then that's why i

00:13:49.280 want you to educate me and the viewers so you're in the government with jean chretien and you're the

00:13:55.760 prime minister you're the federal government do you not have the power to say hey this is a

00:14:00.240 national economic emergency we are building an oil pipeline to prince george or a natural gas pipeline

00:14:06.640 to churchill manitoba and you as a premier can't stop it well that's exactly what constitutionally we

00:14:13.760 know they can't stop it but they're going to play every other game to get to that point to

00:14:17.200 discourage i mean business doesn't operate on the assumption that hey we can wait a couple of

00:14:21.280 months before uh we actually get these things approved they if you're going to create a

00:14:25.600 condition that makes it intolerable or difficult for them to make hands meet then what they're going

00:14:30.080 to do is pack up and go and not invest in the first place business isn't about playing political

00:14:34.400 games but if there's a political narrative to keep it in the ground and the contrary or somehow co2

00:14:39.760 life-giving co2 uh you know is somehow the the target of your objective to basically stymie and 0.99

00:14:47.120 and deter resources from getting rid to the rest of the world then uh this the situation has become

00:14:53.040 very apparent what i'm saying in all this jim to you and your your viewers here is that we are going

00:14:59.520 to see full you know full on the effect of woke policies on and esg policies and not to a lesser

00:15:07.520 extent dei on our budget come november 4th i'm watching that like a hawk because i know full well

00:15:13.360 that's where the rubber meets the road and all these ideas of canada not being able to sell and

00:15:18.080 shouldn't be able to sell its resources the rest of the world is going to come back to haunt every single

00:15:22.880 canadian no wonder the future looks very very clouded but but so this is where i get confused

00:15:29.280 as a canadian recently there was the much talked about a much viewed meeting of mark carney in the

00:15:35.600 oval office with donald trump and they actually floated the concept of revitalizing the keystone xl

00:15:40.800 pipeline if that does happen i would imagine that's a big benefit to canada to get that oil flowing down

00:15:47.600 to the u.s i've spoken to some american officials pete sessions not too long ago back in june said

00:15:53.680 when is the american one of the americans going to build their end of the pipeline the one that

00:15:58.240 was approved by trump started to be built into trump destroyed by biden his first act a signature act

00:16:04.960 as president he even sold some of the pipelines and for metal and scrap for pennies on the dollar when

00:16:10.800 will the united states get around to doing it because that would be a 1.2 million dollar a day

00:16:16.800 injection to the canadian economy it would strengthen the canadian dollar and the question is

00:16:21.200 now are the americans prepared to go with it it takes no record to convince me how important pipelines

00:16:26.400 were jim i'm going to show you something 1998 a guy named dan mctaig wrote this report the report of

00:16:33.360 the liberal uh report of the liberal uh committee on gasoline pricing in canada a week before that came

00:16:40.640 out in uh that was uh june uh june 10th so around the third or fourth of 1998 two people came up to

00:16:47.280 me very quickly before i was going to present the report paul martin and jean crete saying each

00:16:51.680 individually but within 10 minutes we just said what the hell are you doing to say because it was

00:16:56.720 caucus matter it was a lot of mps that signed up on this and i said well what's the rush they said are

00:17:01.680 you going after the oil industry i said no i'm going after the uh the downstream i'm going after the play

00:17:07.360 that they're making to try to destroy small independent gas retailers across the country

00:17:10.960 i have no interest in the upstream i said but why the rush and kretchen said he was happy that

00:17:15.840 mark pulled me aside and said i'm not going to be able to pay down the deficit or meet our

00:17:19.600 commitments globally if we don't sell more oil than the rest of the world we need those pipelines and

00:17:23.440 we need that industry that's when we sold two million barrels of oil a day we have the potential

00:17:28.400 to go to eight million nine million ten million barrels a day displace the rushes displace

00:17:32.560 all the bad actors in the world and provide a product that people why is canadian oil important

00:17:37.360 it's heavy oil and you need it to produce diesel no nation on the face of this planet can survive

00:17:41.920 without diesel not your military not your agriculture not your transport it is the global workhorse

00:17:48.400 the diesel you don't you don't have a country and without heavy oil you don't have diesel it's as

00:17:53.920 simple as that and dan excuse me but for younger canadians who may not realize it uh with the

00:17:59.280 combination of you in the house of commons and john christian and paul martin you there was no deficit

00:18:06.880 once you guys took over we hit the wall in 1997 and it wasn't mark kearney who claims that he had

00:18:12.480 something to do with it he wasn't even around it those days it was paul martin in the provinces and

00:18:16.640 it was a program review we went through and said uh we can't pay for these things not because we want

00:18:21.600 to make it hard for people or we want to impose hardship uh we want to do it so these social programs

00:18:27.360 are viable viable for generations to come and it's exactly what we did but we now have found ourselves in

00:18:33.120 2014 2015 with a you know bastardization if you will of what the liberal party was not a pragmatic

00:18:40.800 party that couldn't understand finances and said money's no big deal budgets will balance themselves

00:18:47.280 justin trudeau once said they didn't care they spent and they taxed and they've created a situation

00:18:53.040 where we've depleted the resource of this country and our growth and our productivity is uh is suffering

00:18:58.800 not to mention the fact we've embraced this ideology around net zero that's extraordinarily

00:19:03.680 pernicious to canada it's very deadly to us it will have no solid or appreciable effect it's destroyed

00:19:09.760 the european markets it's made uh light of our own uh industry here in north america and for that reason

00:19:17.280 uh you know we uh we were more pragmatic in those days we understood things we were more reasonable we

00:19:21.360 weren't part of you know enraptured by the latest you know gadgets or great wonderful ideas as to how

00:19:29.040 we can command and control people and uh ensure that people didn't behave in a way that they thought

00:19:34.160 was unnecessary 15-minute cities and whatnot but look at the end of the day uh it is about our future

00:19:40.400 our economy is slipping our future is very much in doubt and uh we can turn this around but it's going

00:19:47.040 to take the liberal cult that's been around since 2015 i call them that to swallow themselves whole

00:19:51.920 and go back to where we were back in uh you know 20 years before that dan i i have family in those

00:19:57.760 scotia family in the maritimes and every time i visit i'm always shocked at the price of gas of them

00:20:02.160 down east i understand there are super tankers that come from saudi arabia that bring oil to them yeah um

00:20:10.240 so how many i think about the environment what is the carbon footprint of a super tanker bringing

00:20:16.000 oil from the middle east to the maritimes will be a lot so 300 000 barrels a day has to come to uh

00:20:22.320 the irving plant in uh in saint john so you'd have to think that that's the largest plant by the way

00:20:26.880 on the east coast of both canada united states lesser extent might come by chance and some might

00:20:31.600 come from vassar iraq sometimes might come in from algeria sometimes uh you might find oil coming

00:20:39.520 even from some of the shale place in the u.s barely making their way through but

00:20:44.560 what it does suggest to me is that uh we as a country have sacrificed uh very much and if you

00:20:50.400 ask why the price of gas is so high i every single day i keep showing this to people you know going

00:20:55.920 back 30 years i've tabulated day in day out what the price of gas there's one here just goes to show

00:21:02.560 you how i calculate my my information uh that's probably on the best page because some written on

00:21:07.920 it um every single day i know what the gas price is going to be and all the one things that one of the first

00:21:12.880 things i put on the top of this is the value of the canadian dollar so 136.25 why is that important

00:21:21.120 because the canadian dollar is so weak versus the u.s green back it has 24 cents of the price of

00:21:25.040 gasoline doesn't matter where you are in the country even higher if it's hst so not having a country that

00:21:30.000 can sell products to the rest of the world wants scaring investors as we've allowed the uh uh lawfare green

00:21:36.720 uh vandals to engage in costs us not just for higher price for diesel and gasoline but pretty 0.99

00:21:43.440 much everything else think of your purchase power being eroded by the stupidity of people going out 0.99

00:21:48.800 and saying canada shouldn't produce more resources shouldn't cut down more wood shouldn't mine shouldn't 1.00

00:21:53.120 do any of these things because it might affect our carbon footprint listen you'll choke to death on 0.74

00:21:58.240 worrying about carbon footprints when the rest of the world is going to not pass us by you know i get

00:22:03.440 triggered when i'm at the drive-through at tim's getting my coffee and i see someone throw garbage

00:22:07.680 out the window but i think i'm even more triggered thinking that there's super tankers traveling across

00:22:12.800 the north atlantic from iraq and saudi arabia and algeria when we could just ship it across our own

00:22:19.680 country i i'm so confused why we don't do that yeah you would think that that would be a wise thing to

00:22:25.360 do a million barrels going to the west coast i mean we would have to build a coker a heavy refinery to take

00:22:30.320 heavy oil by the way united states loves our oil simply because they can't get from mexico uh the

00:22:35.760 the wells there have turned uh sour there is a lot of salt in them there's water in the contamination

00:22:41.280 and they can't get it from venezuela it's a basket case um russia it's not a possibility uh saudi arabia

00:22:46.800 is not interested in selling most of the stuff the united states and to uh the to asia particularly

00:22:51.840 china for canada the idea is that uh if we can get our product to the west to the east coast in the same

00:22:59.200 way we would get the west coast we could double and triple our output all it takes is for people

00:23:03.600 to back off but if we're going to have provinces step up and say no no no unless we get some more

00:23:08.080 grift or even if they are getting the grip they still say no then i think that's going to lead to

00:23:12.800 unnecessary tensions in the federation the likes of which we're seeing which i'm not so much

00:23:16.720 concerned about alberta separating i'm more concerned about alberta saying all right you want

00:23:20.240 to play that game we're getting out of the cpp we're pulling out of the canada pension plan we'll make

00:23:24.240 our own pension plan watch your pensions go up in smoke so how much more ignorance and how much more

00:23:31.040 uh how can canadians be duped with this idea of elbows up when the very thing that makes our nation

00:23:36.480 tick our resources are being stymied by hucksters who walk around access to our pockets access to our 0.99

00:23:44.560 government pensions access to everything basically taking advantage of the situation to push their

00:23:50.000 narrative which has no business being in canada of all places a nation with the third largest

00:23:54.320 approval reserves of energy in the world and then but this is where i get so confused here's mark carney

00:24:00.160 harvard educated goldman sachs i mean deep deep roots into the economy and finance surely he must see

00:24:09.680 the benefit of a pipeline in selling oil and gas and how it would help the bottom line well he's the guy

00:24:16.640 that's been selling us down there down the river for quite some time and going after this industry

00:24:21.520 and making it very clear in his book that uh he's all about shutting down fossil fuels altogether and

00:24:26.400 he has a lot of allies had a lot of allies he has fewer and fewer now as people starting to realize

00:24:31.520 the totality of the cost and impact and the attempt at trying to uh force civilization back on its

00:24:38.160 on its heels the reality i think for the mark carnies is that they're going to have to swallow themselves

00:24:43.360 as a whole realize that their experiment on net zero has been an abject failure has done nothing

00:24:49.440 but damage to the country as it has around the world and will not create any reasonable impact on

00:24:55.440 the weather so you know i say to people right now i've been doing gas price predictions for 30 years

00:25:01.280 now and i've got the chops to prove it and saving a lot of people a lot of money along the way

00:25:06.640 no hurricane this year nothing affecting the u.s gulf coast so much for climate change i mean look i was

00:25:12.000 there in louisiana in 20 in 2005 when hurricane uh wilma uh and uh katrina smacked the daylights out

00:25:19.520 of that region three years later a few years later hurricane uh ike did the same thing

00:25:26.640 you can't use those excuses the climate idea is not there hey credit thunberg's too busy uh going out

00:25:32.080 throwing yourselves uh into uh you know terrorist territory in gaza and she doesn't care about the 0.99

00:25:36.720 environment anymore so look the ruse is over it's time to get real no more consultations negotiations

00:25:44.000 i expect paul i expect uh mark carney to announce uh the development of two or three new projects he

00:25:49.680 doesn't that he will definitely be shown the door or canadians will be shown the door to poverty 0.99

00:25:54.640 for being so stupid and gullible for his own political survival and maybe a a sort of a political 1.00

00:26:02.160 poker game with trump do you envision that he would come together with a keystone xl pipeline deal so 1.00

00:26:08.800 to appease trump and maybe appease alberta and peace the resource industry in this country well the

00:26:14.160 pipeline's built right to the border from hardesty all the way to the u.s border it's just a matter of

00:26:18.320 the americans uh fitting it in at their their end that's what was killed by a presidential decree both by

00:26:23.520 obama and again by biden so the democrats like the liberals in canada hate pipelines but don't mind

00:26:28.720 spending billions of dollars uh putting countries in debt in order to uh to service uh uh their social

00:26:35.920 programs and all their campaign which is i would think that mark carney uh doesn't have much of a

00:26:41.360 choice especially with the re-proposed northern gateway if he says no or place or or you know uh

00:26:48.240 prevaricates on that uh and doesn't uh show a sign of a single sign of change i would suggest that uh

00:26:56.080 alberta won't be waiting for the rest of canada to uh elbows up i think the banks gonna take their

00:27:00.640 their their marbles and leave and i don't just mean leave in the sense of a political thing

00:27:06.400 um i think there's a lot of other things alberta can and will do and i don't think uh british

00:27:10.720 columbia when a new government is there or for that matter a saskatchewan will be very far behind

00:27:16.160 i think they've had a raw deal i'm not from there i don't like the industry i predict gas prices every

00:27:20.800 day that hurts that industry but if you do with oil and gas um i'm going to tell everybody now

00:27:26.320 that it's warmer weather here in ontario but once you go outside and turn your gas meter off turn

00:27:31.040 off your propane and see how your little windmills and solar panels built in china work because at

00:27:35.760 the end of the day uh we are looking to make a retrograde step backwards that will fall with our

00:27:41.200 level of uh with our level of prosperity back to days of poverty and i know what that's about i was

00:27:46.320 here in 1981 when we saw 22 percent interest rates that's where we're heading again or worse

00:27:52.320 if i just to wrap up dan if i could wave a magic wand and make you prime minister

00:27:57.600 even if you lifted all the restrictions from a realistic timeline standpoint how long would it

00:28:03.440 take to complete a pipeline to prince george and churchill manitoba and get those resources flowing

00:28:09.440 usually about a year year and a half if you've got everybody out of the way a year and a half and

00:28:12.960 and you know what the amount of money needed to get that momentum going would be there the the

00:28:17.200 stimulation would be almost immediate we'd also see a rise in the value of the canadian dollar

00:28:21.760 so that the cost of hamburger that cost of uh orange juice the cost of pretty much everything else

00:28:27.600 would also decline why again when it takes 140 pennies to buy one us dollar that is a direct attack

00:28:34.960 on your bottom line on your uh on your budgets on your own family budgets it would also ensure that uh

00:28:40.720 you know as things get better uh we would see a little lower interest rates as opposed to rising

00:28:44.800 interest rates because the government's taking on far more debt federally and provincially than

00:28:49.600 we've ever seen in the past as a proportion and value of the dollar compared uh measured in uh in

00:28:54.880 current dollars and i would think there's a massive trickle down effect to all the communities where

00:28:59.920 the pipeline goes through and the first nations communities and the resources and the money they

00:29:05.600 make along the way yeah so 191 bands involved uh with the stuff going from alberta all the way to

00:29:11.760 sue to uh to uh british columbia uh nine are opposed the rest are unanimously in favor uh i'm sorry but the

00:29:19.440 interests of the many come before the selfish uh delusional interests of the uh of the few and uh

00:29:25.600 we cannot have that zero-sum game where it has to be unanimity and i've heard that from our car

00:29:29.760 of the current there's no no such thing as unanimity in this country it can never be we do things by

00:29:35.360 consensus if we don't do them get the hell out of the way and if you're not prepared to get the hell 0.80

00:29:38.960 out of the way stop cashing the checks from the federal government and from uh the uh the source of

00:29:43.840 the revenues that this industry produces and that is a call to my friends if you don't like pipelines

00:29:52.400 we know you do but your actors your political actors don't well then maybe you should stop asking for

00:29:58.080 uh 14 15 billion dollars every year in equalization and i has to be put on the line because this this

00:30:03.120 is insane we can't continue to diminish ourselves by playing one region off against another for

00:30:08.160 political reasons well said he is dan mctagg he is the president of the canadians for affordable

00:30:13.920 energy affordableenergy.ca the grass place wizard dan always i enjoy our insights and our conversations

00:30:20.320 thank you very much my friend good to be here jim thanks for having me once again

Talking with Dan McTeague about Trade and Energy Policies in Canada

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