Western Standard - July 28, 2023


Guilbeault making policy in India, vows emissions cap by 2024


Episode Stats

Length

2 minutes

Words per Minute

151.03867

Word Count

349

Sentence Count

26


Summary

Corey and I discuss the announcement by Prime Minister Stephen Harper that there will be no more oil subsidies in Canada, and whether or not that's a good or bad thing. We also talk about the Trans Mountain pipeline project and its impact on the Trudeau government's ability to get things done.


Transcript

00:00:00.000 Is there going to be any change in policy that you would predict?
00:00:03.560 Would you predict there'll be any actual change in federal policy over the so-called oil subsidies?
00:00:11.380 Or is it going to be literally nothing changes and he pronounces now there are no more subsidies?
00:00:17.780 Well, he's talking about public financing for things like the Trans Mountain Pipeline that they actually own.
00:00:26.480 And so putting up loan guarantees to get the thing finished because it's about 75 percent in the ground and they're having a hard time pushing it over to the finish line.
00:00:37.460 So, you know, if they really wanted to pull loan guarantees and public financing for oil and gas projects, I suppose that would be the place to start.
00:00:48.120 Except they own the damn thing.
00:00:51.120 So, yeah, they would just be shooting themselves in the foot.
00:00:54.800 But I don't think that this is really going to amount to much.
00:00:58.680 I think if they really wanted to push it, you know, they might try to get the Canada Pension Plan to divest its oil and gas holdings.
00:01:07.420 I don't know if you could call that a subsidy or some kind of form of public financing.
00:01:12.260 But it would definitely have an impact on everybody's R.S.P. in this country because everybody who has C.P. in this country owns oil.
00:01:21.740 And that's just the fact.
00:01:23.180 Well, this might be the least terrible thing Stephen Gilbo has managed to do or arguably, as Corey argues, may be good.
00:01:32.620 Maybe the Greenies will finally say, hey, there are no more subsidies.
00:01:36.200 We killed it.
00:01:36.740 Well, they were always pointing that gun about these subsidies at us.
00:01:40.100 And now he's shown that it was a blank.
00:01:41.340 So they're going to have to find something new to attack, which I'm sure they will.
00:01:45.300 But I just wish the liberals had an equal zeal for getting rid of subsidies for other industries.
00:01:50.420 Bombardier?
00:01:50.840 Like, I don't know, the legacy media.
00:01:53.800 Wouldn't that be wonderful, eh?
00:01:54.940 I know.
00:01:55.380 I think we're going to have a great opportunity.
00:02:14.160 Oh, well, we'll be here.