Join us for a special Stampede edition of The Pipeline, where we talk about the upcoming debate on Alberta's independence from Canada, the West Coast pipeline project, and much, much more! Thanks to caller and thanks to our sponsor .
00:05:19.340Do you think he's trying to outright stop it,
00:05:20.860or is he trying to get what it appears is going to be the case
00:05:24.660with the proposed West Coast pipeline, which is unconstitutionally a province gets to collect a
00:05:30.780toll on goods moving through its territory. Yeah, it's all about money, Derek. You remember
00:05:36.400at the Western Premier's Conference, Wob Canoe publicly addressed down Daniel Smith for what
00:05:42.140he called a lack of consultation with Indigenous groups over the referendum. And he's basically
00:05:48.240said the same thing about the pipeline. Now, Daniel Smith and Doug Ford at the press conference
00:05:53.640on monday both went out of their way to say they want indigenous consultation and they want
00:05:59.240indigenous ownership uh some indigenous ownership of the pipeline so there'll be there'll be talks
00:06:05.960there'll be uh gobs of money handed out and i think eventually uh mr canoe will acquiesce to
00:06:13.800the pipeline i also think he may make a demand to uh do a do a side pipeline up to churchill
00:06:20.440The government of Manitoba is looking to have Port of Churchill designated as a major project, nation building.
00:06:31.220So if that happens and we can start shipping oil out of Churchill, that only enriches both Alberta and Manitoba.
00:06:38.460Corey, it's not yet set in stone, but it's been pretty strongly implied between Mark Carney's talks, public statements with BC Premier David Eby, that BC might get essentially a toll out of a West Coast pipeline.
00:06:58.360That is wildly, wildly unconstitutional. One of the ideas of having a country is that goods and services can travel through its subnational units, its provinces or its states, without what amounts to tariffs.
00:07:13.360This amounts to a tariff for merely passing through. Essentially, we'd be turning the Strait of Juan de Fuca into the Strait of Hormuz, and B.C. plays the role of Iran in this case.
00:07:28.340But if that goes forward, that seems to set the precedent that Wob Canu would have every right then to put his hand up to and say, yeah, we'd like our tolls on Alberta oil passing through our territory as well.
00:07:40.520yeah there's a bunch of terrible precedents being set here and to be blunt i am incredibly
00:07:47.940disappointed in premier daniel smith now i i've been as supportive as i can with her for trying
00:07:52.780to negotiate and move things forward but now to paint a nationalized pipeline where you're giving
00:07:58.520into basically extortion from british columbia that is non-constitutional for tariffs for us to
00:08:04.200move our product across a province and to try and paint that as a victory it's an embarrassment
00:08:10.760and we need provincial leadership to stand up and say that's enough we've got a constitution
00:08:15.620as you said it's a federation that means we're supposed to be able to move our product
00:08:20.320across provinces the prime minister has the authority to basically put his foot down and
00:08:25.220say this is going to happen and he won't use it this is one of the worst precedents i've ever seen
00:08:31.220And I can't believe we don't have provincial leadership speaking up on this.
00:08:35.620We can't capitulate any longer on this.
00:08:38.520What other things are going to be nationalized now?
00:08:40.380Rather than getting rid of the regulatory hurdles that the federal government has placed in or refused to at least help us bypass, we're just going to nationalize everything?
00:08:48.860The next oil sands approval, the next coal mine, we just have to wait for tax dollars to go into it.
00:08:56.660And then to pitch another one, possibly to Ontario with even more tax dollars going into it, I'm just, I don't know, I'm flabbergasted.
00:09:04.940I cannot believe somebody who's spoken so strongly against nationalization of things that should be covered by private industry is suddenly coming forward and saying nationalizing a pipeline and paying tolls to BC is a good idea.
00:09:16.840Maybe what we should be doing is putting a toll on every train car that comes across Alberta from east to west until the government realizes the idiocy of allowing this sort of non-constitutional policy to be entrenched.
00:09:31.000Any one of you can pick up on this, but I want to continue on this topic.
00:09:37.980We're talking about this now being definitely the West Coast pipeline, possibly the Eastern pipeline, although that's not even a proposal stage at this point.
00:09:48.820It's an agreement between three of the four provinces involved that they would theoretically like a pipeline.
00:09:55.340But for the West Coast one, at least, we're talking about this now being, if not owned and nationalized, at the minimum, backed by taxpayers.
00:10:07.120So-called, we have to de-risk these things because the legislative and regulatory barriers that are in place have made these such wildly risky prospects.
00:10:18.760Any investor who's looked at building a pipeline in Canada in the last 15 years knows that this is just a hornet's nest to kick up.
00:10:27.160You're going to get all sorts of opposition.
00:10:29.840So now we're looking at government doing this.
00:10:32.900And the federal government, it's shown more flexibility, at least than the Trudeau government did, but has shown no willingness to get rid of the West Coast tanker ban.
00:10:43.520It showed no willingness to get rid of the No More Pipelines Act.
00:10:47.260all of these things that are are still in place and make it extremely difficult conditions for
00:10:53.240indigenous ownership i have no problems with indigenous ownership as long as they're treated
00:10:57.800like any of the other potential owners if they want to be a part of it that's great that's a
00:11:02.820good thing but i don't know why we would then give ownership at a cost to the taxpayer below
00:11:09.620market rates that's making everyone pay for it um and then the cost you know we remember the
00:11:15.840the trans mountain pipeline it was supposed to cost somewhere in the neighborhood of three to
00:11:20.400five billion dollars when the federal government purchased that from from trans canada by the time
00:11:26.720all was said and done once the government gets involved costs tend to get a little out of hand
00:11:31.200i think the final bill was something like 30 billion dollars i want pipelines everywhere i
00:11:36.160want to build them north north south east west and upwards to the moon and down to china but
00:11:41.360but I want them to make money and they shouldn't be a burden to the taxpayer these things do make
00:11:46.460money but they don't they don't need to cost uh they shouldn't be costing the taxpayer so I I
00:11:51.680don't know we uh we're in a position now where we could theoretically build pipelines but at what
00:11:56.300cost well you know it's it's the position of the federal government by the way I I take what um
00:12:02.240Corey said I I mean I I agree I'm still trying to figure that one out but you know when you
00:12:09.140the federal government to stay out of your hair it's very hard to push them aside they will use
00:12:15.460any excuse well you know the sort of the air crosses the border so you have to do it to carbon
00:12:21.940remission our way oh well not if you're importing oil from overseas that there's no there's no
00:12:30.820remediation there but if you're making it in alberta you've got to bury an equivalent amount
00:12:34.980of carbon dioxide to what it takes to produce the oil um and you say well stay out of our turf they
00:12:40.740don't know where the federal government we can make anything happen that we want to make happen
00:12:45.380but on the other hand we can't tell david eby to accept a pipeline uh we can't tell what canoe to
00:12:50.980accept the pipeline we can't uh tell quebec to new brunswick to decarbonize their oil or we don't
00:12:58.100want to so they're there you have to then say well is this actually a weakness of character
00:13:04.260or is there something more sinister like things can be done but albert is not allowed to benefit
00:13:10.340out of it is this is this the unwritten instructions here i mean this this carbon capture
00:13:17.380effort that the pathways alliance is going to i don't know who's going to want to buy this
00:13:22.580this oil because if they recapture the cost of the burying the carbon as opposed to passing it
00:13:27.220on to the taxpayer they actually recover the cost it's just going to be 50 a barrel more expensive
00:13:32.260than whatever else is out there. Let's have a federal government that pushes its weight around
00:13:47.540when it's right on the Constitution, or let's have a federal government that stands back and0.77
00:13:52.420just keeps to its own lot. That's actually what I would prefer.
00:13:55.860yeah but when when pipelines are completed they make money yeah right they're they're a moneymaker
00:14:02.740for whoever owns them uh whether it be a province or whether it may be a company you can make money
00:14:08.900so it's just having to deal with all these silly regulations and the deal uh to even get it going
00:14:14.180it should be you know it should just take a week of meetings and then it should be but it's not
00:14:20.020Because if they have to do this, all this decarbonization offsets, it makes it uneconomical, and it's going to have to be backed by the taxpayer because it's going to take so much longer to recover just the basic capital cost of building this thing.
00:14:34.980These things, it'll take long enough to recover that cost to begin with, but when you drive up the cost per barrel, it could take decades.
00:14:42.940well that that leads nicely into the next topic then uh where we're at with the uh the
00:14:51.040independence referendum in alberta right now uh polling's been kind of all over there's some
00:14:57.340some polling that's been kind of out of left field showing it a sport for independence in
00:15:01.080the low 20s that would be historically low over the last decade so i'm suspicious of that i'm
00:15:06.920you know i'm not going to go i'm not a pollster so i can't go through them and i'm not going to
00:15:10.380go through and say this is a bunk poll or not. Most other polling has had it ranging from 30 to
00:15:15.94035%, you know, roughly one third of Albertans. But, you know, it's stampede season. You know,
00:15:23.900the old joke is that it's a petting zoo for politicians. So everyone's in town. You'll see,
00:15:29.080you know, all the Alberta politicians, but also people flying in from all over the country. It's
00:29:29.260and how much the federal system has put the province into that corner.0.96
00:29:35.540So, I mean, a pipeline success won't get rid of the 30%,
00:29:38.420But a pipeline failure can make that 30% grow, I think, quite rapidly.
00:29:44.340And I just, this is, you know, that 10% token ownership from Pembina as consultants on this
00:29:50.020thing, that's not enough to make even your average Albertan, who's often very familiar
00:29:55.000with oil field economics, look at it and say, yeah, this is a good deal.
00:29:58.700So I think they're going to have to pretty this thing up a lot more if they think it's
00:30:01.660going to be the success they hope it's going to be.
00:30:03.400Well, I think it would be largely successful with that rough third in the middle, the frustrated Federalists, because their default is still status quo.
00:30:14.000So from their perspective, it might be enough with them.
00:30:16.660It wouldn't be enough with the third that are already on independence.
00:30:20.300And as you said, it's cultural issues now.
00:30:22.920It's our right to not have very simple and basic firearms stolen from us.
00:30:27.920Digital ID, censorship, mass migration.
00:30:31.280The only pipeline I think that maybe wouldn't be back over to the federalist cause would be a deportations pipeline.0.86
00:30:37.080Just throw all the illegal migrants through a pipeline and shoot them off to cargo ships on the east and the west coast.0.95
00:30:43.820That kind of pipeline might, maybe that one wins me over.1.00
00:30:56.880I mean, you know, so I'm, you know, I've got a debate tomorrow on the on the independence question with Dwayne Bratt.
00:31:03.880And so I'm not going to get into Dwayne himself.
00:31:06.960It's not about the personalities involved.
00:31:09.100But, you know, let's let's look at who the loudest opponents of independence are.
00:31:13.960It's not uniformly so, but a lot of the loudest people speaking, the most strident opponents are.
00:31:19.260These are people who three years ago were tearing down statues of Queen Victoria and Sir John M.
00:31:24.880mcdonald these are people who brought down the canadian flag as a symbol of genocidal shame
00:31:30.180these are people who tried to rename parks streets and uh and public squares these are the people
00:31:37.720standing up now waving the flag well you know what samuel johnson used to say back in the 18th
00:31:44.580century patriotism is the last refuge of a scoundrel and we have scoundrels hot and cold
00:31:50.640running even right here in calgary who actually renamed the uh for calgary the the confluence
00:31:58.320influence well there's also if you supported renaming for calgary into the confluence
00:32:04.800i don't want to hear you you know there are there are good faith federalists out there
00:32:09.520uh who did not who have not tried to replace canada's history uh for those guys i've just
00:32:15.440got an honest disagreement on the issues on and that's fine there's nothing personal there
00:32:20.640But if you were about renaming Fort Calgary, if you were taking down the flags, toppling statues, changing the national anthem, any one of these things, you don't get to lecture anyone else about being an unconditional Canadian.
00:32:35.240You missed one. Trying to get rid of the Canada Day celebration because...