00:01:42.500Once you become a committed fan of the Edmonton Oilers, you're not going to drop them.
00:01:47.300And once you become a committed fan of the Flames, you're not going to drop them either.
00:01:49.780The nice part about this is that, of course, my team's going to win no matter what.
00:01:54.500So woohoo, go Alberta. That's number one. Number two, there is going to be a vote count today. You've probably heard that is going on of the premier on his leadership vote. Some folks have asked me what I think is likely to happen there. And quite frankly, just like you, I've got no idea. Here's what I am hearing.
00:02:15.240What I am hearing, just as I process what has happened, is that number one, there were about 32,000 ballots that were counted of about 59,000 that were submitted.
00:02:27.160There were some duplicates, as we know. So I gather that's about a 62.5 percent turnout.
00:10:35.980And so he also provided some perspective and context.
00:10:40.400And I'm not sure that the Premier's message and Jonathan Wilkinson's message were exactly the same.
00:10:48.300I want to play for you a few of the exchanges, just so you can see.
00:10:53.760They both had five-minute statements, so I'm not quite sure if I can play all of them for you.
00:10:57.360But I want to play for you enough so that you kind of get the tone and flavor of how the proceedings took place.
00:11:02.440The other interesting guests that were there as well, though, was the Quebec, the Quebec also had representation there. Maybe you won't be surprised by that. But let me just make sure I have the name of the minister correctly here.
00:11:18.860So Natalie Camden, she is the Associate Minister of Mines for Quebec. And again, I'm not entirely sure her message was consistent with the message that we were trying to get across because she kept touting the electricity grid being 99.8% emissions-free and renewable because, of course, Quebec relies so much on hydro.
00:11:46.420And it's fascinating to me because, as you probably know, because we've done shows on this before, the difficulty we are having getting pipelines across the border for our two countries, they're having an equivalent difficulty getting electricity transmission lines going across because the Americans don't look at hydroelectric power as being green because it has an impact on the environment.
00:12:10.920Like, let's be frank about it. If you're going to be flooding vast, vast tracts of land, you're going to be impacting indigenous rights, you're going to be impacting landowner rights, you're going to be destroying biodiversity and habitat, you're going to be having methane production from all of that rotting foliage, you're going to be impacting fish habitat.
00:12:26.900So they don't look at it as particularly green, interestingly.
00:12:30.860So Natalie Camden was there to make the case about why it should be considered green if we're looking at non-emitting sources, interestingly.
00:12:38.820The other point that she was making, though, was that the Americans have in the past looked at Canada as being a strategic provider of defense necessary resources and minerals, which is sort of an interesting way of contextualizing this.
00:12:58.100And one of the things that she touted was the aluminum that is produced in Quebec and aluminum being produced in Quebec using hydropower as the main source makes it one of the lowest emitting sources for aluminum.
00:13:12.060So that was the essence of what she had to say. Oh, there's my dog barking. It's photobombing me.
00:13:18.400And so that was the essence of what she was having to say.
00:13:21.800But the other part that I think that Quebec brought to him was that they have a process for how they are trying to streamline their development of rare earth metals and minerals for the purpose of battery production.
00:13:38.360And I'm surprised that we didn't mention that at all because we've got a huge resource in lithium in our province.
00:13:44.080I'm not actually quite sure what our cobalt and nickel capacity is.
00:13:48.080if somebody knows, you should send me a text because that is really what they were pushing
00:13:50.960in Quebec. Because in America, if you can believe it, they think that we have a streamlined
00:13:56.660regulatory process for our mines and mineral development. Like color me surprised. Aren't
00:14:02.460we just in the middle of a Supreme Court challenge over Bill C-69 because it adds an extra layer
00:14:08.600of decision-making process and creates an endless repeat loop where we have no finish line on the
00:14:13.280project. So that I found a little bit surprising that the Americans are under the impression
00:14:18.500that it takes as little as two years for us to develop our resources and get permitting
00:14:25.600for our mines and mineral development. So that's not true. In fact, in Quebec,
00:14:36.220the Camden said that what they have done is created a process that once you finish all
00:14:42.340your environmental reports and submitted them. It only takes 48 to 60 months to get it approved.
00:14:49.360So that's a four to five year process at the best. And that is after you've done
00:14:55.460all of the environmental work. So if you could imagine, the Americans were excited about that
00:15:00.920because the American process can take 10 to 15 years. And even then at the end of it,
00:15:05.500you get all of your approvals and guess what happens? Some extreme environmental group ends
00:15:09.460taking it to court and bingo bango you're back to the beginning again the americans have a really
00:15:14.740difficult time in developing their resources so i thought you'd find that interesting um the third
00:15:20.420person on the panel was francis bradley president and chief executive officer of electricity canada
00:15:26.020and he didn't get that many questions but he certainly did also tout the interties and
00:15:30.900interconnectedness between our two markets and especially if you're going to layer on
00:15:35.940that everyone's going to be need more electricity certainly at ease for electric vehicles plugged
00:15:41.220into the grid he's clearly making the point about why you need those interties although he did do a
00:15:45.780bit of a shout out to capital power and the carbon capture a project that they have to be able to
00:15:51.220capture the co2 from their natural gas power plant and then either bury it underground or oh no
00:15:56.420actually um they're planning on using it for carbon nanotubes which is a really interesting
00:16:02.180development. I may have to do a segment on that because carbon nanotubes, as you know, can be used
00:16:08.440for a new construction material. So I thought that those were all very interesting. A couple other
00:16:13.280things that stuck out for me is how different our two countries are in how we deal with natural
00:16:19.740resources. And it makes me understand a little bit more about what's going on with C69. The Trudeau
00:16:27.380government is trying to make a play for the federal government to assert its right over
00:16:33.800our resources, our development and management of our resources that the Americans already
00:34:45.220And I do know that Gulf refineries are very keen to get more access to our heavy supply.
00:34:51.280OK, so what I found what I found interesting about all of that as well is that the it appears that our relationship with the Joe Biden White House is 100 percent centered around Jonathan Wilkinson's reach out.
00:35:05.260And that should leave us very, very concerned, because as you go through and you see how he frames this, he is our ally, definitely, when it comes to hydrogen. And that is really positive, because there's lots of ways that we can get hydrogen to market. You can either do it through LNG export, through natural gas export, through ammonia, extract the hydrogen, and I think that that's likely going to be the future.
00:35:29.060but that still requires a huge amount of infrastructure to build out. What do you do in
00:35:34.380the meantime? And that's where I feel like the federal government is a bit hostile to our
00:35:38.420interests. One of the things that you should know, just so you understand the vision of the federal
00:35:43.620government of where they're going, one of the things that they said is that even after 2050,
00:35:49.220when we reached the net zero targets, he went on to say that we're going to have to continue to use
00:35:56.760one quarter of the current production of oil and one half of the natural gas for non-combustion
00:36:05.440purposes. So if you're going to, and I personally think that those are probably quite low. So one
00:36:13.360of the things I think we're seeing with the federal government is that they're going to
00:36:17.580continue to grind away on making sure that we do not use oil or natural gas for combustion purposes.
00:36:25.740It means we can use it for petrochemicals.
00:36:27.800Bitumen, this is perhaps a rebranding opportunity for us.
00:36:31.160Bitumen can be repurposed for carbon nanofiber, which can be used for construction materials,