00:04:58.220And they were looking for about 10 students, 10 new grads to go work in the oil patch.
00:05:02.940And I remember sitting around talking to one of the interviewers and I asked him a pretty blunt question.
00:05:09.740I said, is there a town where nobody wants to go work?
00:05:14.820And the guy said, yeah, nobody wants to go work in Fox Creek.
00:05:18.280So I said, OK, well, then, you know, being a smart ass, I'm like, so if nobody wants to go work in Fox Creek, if I accept to go work in Fox Creek, do I get a job?
00:05:26.220And the guy immediately, the guy's name was Bruce Berg.
00:05:28.360If you're still around, Bruce, shout out to you, bud.
00:05:31.560And he's like, yeah, if you're willing to go to Fox Creek, we'll give you a job.
00:05:34.620So I said, you know, I'll go to Fox Creek.
00:05:36.540I had no idea what I was getting into.
00:05:48.280I owned a little Dodge Omni through my big speakers, a few things, drove up to Fox Creek.
00:05:54.120And I'm like, you know, everybody's first reaction is like, oh my, what have you done?
00:05:57.460But it turned out to be a great choice for a career and for lifestyle for whatever reason.
00:06:07.120I mean, it started out my career on the right path because I started working up north close to the action and ended up living in Fox Creek for about eight years.
00:06:16.580And sort of the last thing I want to say about that time, and it ties to this, right?
00:06:23.120That was 35 years ago that I was in Fox Creek.
00:06:25.560And I remember when I'm settling down there and I'm starting to work, and there were these old timers that basically said, Marty, don't get too comfortable here. This industry is dead. I was like, what? Okay, I chose to go into the oil patch and it's dying, right?
00:13:39.000They are our largest trading partner. And a lot of these policies that over years of liberal and in some cases, progressive conservative governments have watered down that trade relationship.
00:13:49.540It brings up issues about our internal trade structure as well. Right. So, yeah, well, yeah, there's a lot to unpack there.
00:13:56.480But if Trump doesn't renegotiate and by the way, renegotiate would be it's still good for 10 years. Right.
00:14:01.600I mean, there's a there's a window here coming up where we could fine tune it and extend it, I guess, by another 10 years.
00:14:09.440But if if if nothing happens in July, then status quo goes on for another 10 year.
00:14:14.520It could get worse, though. I mean, Trump has the power to he could he could say, I want out.
00:14:21.540He could he could sort of file a what's the word?
00:14:28.000Make it he could literally pull out of the deal.
00:14:30.760He could pull out of the deal with six months' notice.
00:14:33.080But I just want to go back to a couple of things that you sort of mentioned.0.95
00:14:36.960Alberta, yeah, Alberta has a different history with the U.S.
00:15:00.760One of the main objectives of an Alberta government that is focused on Alberta interests is you create your own trade relationships.
00:15:09.720And so we saw in January of last year, Danielle Smith going down to Mar-a-Lago and was absolutely ripped and called a trader just for putting Alberta's interest on the map.
00:15:21.140Yeah. And so you want to talk about an evolution of circumstances.
00:15:24.240And we now have the independence referendum on coming up.
00:15:27.440Like, it's very much like if that's the attitude of the rest of the country, that we aren't even allowed to find ways to exempt our products from potentially nasty trade negotiations where on our side is being led by a prime minister that is focused on protecting Ontario jobs.
00:15:45.180It's going to create more division down the road.0.88
00:15:47.640So this Kuzma thing is definitely something to keep an eye on over the next.1.00
00:15:50.700So just I'll just finish it with this.0.80
00:15:52.480So yeah, so right now oil gets at best a 10% tariff, right?
00:15:57.220And it doesn't seem to really affect our production.
00:16:00.960We're still selling, selling, selling records.
00:16:02.840But on the other hand, Kuzma does protect a lot of Ontario and Quebec industries.
00:16:09.700Trump would like to put tariffs on more of Ontario and Quebec products, but Kuzma prevents them.
00:16:15.220So if Kuzma is not renewed, that could be really disastrous.
00:16:29.500I mean, all of these fear campaigns from guys like Jason Kenney and others that are saying that if we move down this road, that the Alberta economy is going to crash.
00:16:39.880Like, this discussion has been going on for months, and we are still leading the country by a large margin in job growth.
00:16:49.880No, no. Weird left turn on jobs. You're right. So Alberta is creating the most jobs. Danielle's been saying, and I agree, I've seen the data. But did you see, there was a comment yesterday from, I guess it's elections. Alberta says that the referendum will require about 60,000 temporary workers, right? Okay, sure enough. It's like an election. And NDP, Nenshi was complaining about that. Like, since when does an NDP leader complain about more jobs?
00:17:15.500Well, actually, I think that's a regular thing they do. Job creation is not something that the provincial or federal, their federal counterparts in the federal NDP.
00:17:26.280I don't even want to go on this federal counterpart. Abby's had some doozies this week.0.98
00:17:30.140I know. Abby's always an interesting character. So, yeah, no, I think the Elections Alberta thing, I'm not as dialed in to the internal mechanisms.0.99
00:17:39.220I think that a $90 million price tag on that, I don't know how they're planning on spending.
00:17:45.660I'd like to see a costed analysis of exactly how that breakdown occurs.
00:17:49.940I can prorate some of the previous elections, and there's no way that $100 million is in the range.
00:21:48.940Oh, Thomas Lukasik. Yeah, I actually wrote a column about that. I would like and I don't I don't want to be too critical of Mr. Lukasik. But I think the issue that he has is that he actually doesn't have solutions. Like he recognizes the grievances and then he just stops. You know what I mean? And I think that's part of the problem that the Federalists have right now is the fact that they like what are the arguments for saying?
00:22:13.080I mean, he's not the only one. I mean, you know, honestly, I even threw out that comment, a similar comment to Daniel Smith. I mean, Daniel Smith was in or Pierre Poiliev who came here last week. I'm like, that's great. You've come here preaching unity. And apparently, you know, the problem. I'm like, we have some of the solutions. Here's some of the solutions. Are you ready to cancel the equalization? Are you ready to redistribute the seats? Are you ready to allow us to select our own judges? And then it's quiet.
00:22:40.920Yeah, I think that's the issue that they're running into is these are real, like we're not talking about policy decisions. Yes, the policy decisions drive a lot of the anger, but the anger comes from somewhere and it comes from the structural deficiencies in confederation.
00:22:53.920We have 37 seats out of the 343 in the House of Commons.
00:22:58.400We contribute, on average, 15% of all federal taxes collected come from Albertans,
00:23:03.800Albertan companies, and Albertan individuals.
00:23:05.960And yet the federal government only sends us back our share of the population.
00:23:09.080So we get about 10.5% of all federal funding.
00:23:14.020Every $15 you send to Ottawa on taxes,
00:23:18.020you only get back 10.5% in funding for social programs like health care.
00:23:22.120And even when you get it back, it comes back with conditions.
00:23:25.440Yeah. And all the while, they're bringing policies in that are designed to shut down our major energy industry, the things that drive the economic growth.
00:23:35.420So, I mean, yes, Carney has moved a lot, but I don't think the MOU properly captures it.
00:23:41.300I think they're effectively, what the MOU is, is Kearney's giving us 5% of what we want, and if that, and we're acting as if this is going to save the whole thing.
00:26:10.980But they weren't stopping people, right?
00:26:13.700Like, I know I felt I was being stopped on purpose.
00:26:17.340I remember why Claypool and a few other people were being stopped at the time.
00:26:20.720We watched the police block him, like physically block him from moving forward to get anywhere near the event, which seemed a little bit excessive.
00:26:29.800So are you an exhibitor here today? What brought you to the show this week?
00:26:34.000No, I'm not an exhibitor. I am just an attendee.
00:26:37.500I was just at the Careers in Energy National Jobs Report.
00:26:42.680They just released their report for energy-related jobs out to 2035.
00:26:47.820So I wanted to hear what the forecast was, what's the outlook, and it's really positive.
00:26:53.640So what would you say to a young person who's considering a career in the oil patch or the energy sector?
00:26:59.800do you call it the oil patch still or do you call it the energy sector well i'm going to call it the
00:27:03.800energy sector because that's what the report was about they don't limit simply to oil and gas right
00:27:09.080so it's you know it really is everything from hydrogen to biofuels to uh well they didn't
00:27:16.360talk about renewables so much but you know it's all of that and i think we are moving to a more
00:27:22.120diverse energy mix and so I call it the energy sector but the reality is the
00:27:29.440majority of the jobs current and future are still going to be in traditional
00:27:34.420energy meaning oil and gas yeah and I mean to me that's you know you talk
00:27:40.600about the reality the reality is the reality the reality is we live in a
00:27:45.320country we live in a world with how many billions of people who want energy and
00:28:05.320As long as it's not trying to go through the Strait of Hormuz this week, but that's a different issue.
00:28:09.300Yeah, that's not a function of the properties of oil.
00:28:14.000And now with liquefied natural gas, we're able to move natural gas around the globe as well.
00:28:19.580So those certain properties are incredibly important.
00:28:24.300You cannot move wind and solar in a tank or across the ocean.
00:28:29.120You can store it temporarily in a battery, but even when you store it, it's a big effort.
00:28:34.760So generally, did you come here every day or just today?
00:28:39.580I came here on the opening day for Avatar Innovations and BBA Consulting.
00:28:46.420That's who you're doing work for right now these days?
00:28:48.360Yeah, they hosted an event showcasing some of the young innovators who have some solutions to future energy, current and future energy challenges.
00:29:00.000So we're really trying to showcase the value of innovation within the energy sector.
00:29:06.680And, you know, again, I'll say energy in this case because one of the innovators, problem solvers, she has a little company that recycles the great big tires used in mining equipment.
00:48:11.420But we're going to see how this goes all summer long.
00:48:13.900I have a feeling I'm going to organize some more missions out there.
00:48:18.240Yeah, I'm concerned with getting tribal and with people remembering what Canada once was, which is nowhere near what it is today.
00:48:28.540I mean, today we have, we're looking at, not freedom, that's for sure.
00:48:34.320And when it comes to flags, it's a little bit sad, right?
00:48:36.480I mean, remember how proud we were during like the Coutts protests and things like that?
00:48:41.280We all had our Canadian flags all of a sudden.
00:48:43.120And I wish I could still be proud of it like we were, but hey, let's get off this topic.
00:48:49.380I mean, you know, what am I doing for time here?
00:48:52.800I got a few minutes, but let's tackle one more because I got time to tackle it.
00:48:57.440Actually, a lot of people wouldn't have talked about this one, but did you see Trudeau on the news yesterday on the red carpet, the red mile?