True Patriot Love - Talking with Dan McTeague about Trade and Energy Policies in Canada

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

True Patriot Love - October 16, 2025

Talking with Dan McTeague about Trade and Energy Policies in Canada

Episode Stats

Length

Words per Minute

Word Count

Sentence Count

Misogynist Sentences

Hate Speech Sentences

Summary

Transcript