Western Standard - War： What is it good for？ Alberta’s budget

00:00:00 Good day and welcome, I'm Derek Fildebrandt, publisher of the Western Standard.

00:00:28 Today is March 4th, 2026, and you're watching The Pipeline.

00:00:32 I've got the usual crew here, former Western Standard Opinion Editor, Nigel Aniford.

00:00:37 Good afternoon.

00:00:38 Senior Alberta columnist, Corey Morgan.

00:00:40 Good day.

00:00:40 And News Editor, Dave Naylor.

00:00:42 Thanks for sticking me with the guy who's got pickled sausage gurgling around his stomach.

00:00:47 Most of it's cleared out now.

00:00:49 It's not the stomach where the problem is.

00:00:51 Yeah, lucky I left my pickled herring at home, but that's my jam.

00:00:56 I mean, that's probably much worse than just...

00:00:58 The pickled sausage you're eating?

00:01:00 Yeah, well, I went to seven persons,

00:01:01 and they got a beautiful big sausage shop, actually, down there.

00:01:05 I had to buy something, so I bought a big jar of pickled sausages

00:01:08 and ate them while I drove for a few hours.

00:01:10 That's what's on sale.

00:01:11 Well, it was a sausage place, you know what I mean?

00:01:15 These are good road snacks.

00:01:17 Either way, everybody, including Jane, is paying the price for my indulgence.

00:01:21 Okay, all right.

00:01:23 Price it is.

00:01:24 All right, well, we're going to be talking about the war between Israel and Iran and the United States, the implications there, Canada's reaction to it, and the broader West's reaction to it, the politics going on around it.

00:01:43 uh and also the the local effects what this what the war means for canada and in particular for

00:01:48 alberta does danielle smith regret tape not tabling her budget just a few days later as 1.00

00:01:54 oil goes to wartime levels uh but we're going to start first with a curious decision of the

00:02:02 federal government wasn't even a court decision just decision federal government uh to give

00:02:07 vancouver away sort of maybe opening the door to having to give it away um musqueam first nation 0.96

00:02:14 i guess had laid claim to van not metro vancouver and quite an area around it uh fishing rights and

00:02:23 whatnot and ottawa just said yeah sure have it and this is uh started squabbles now with some

00:02:29 other uh indigenous groups in the area i think um it was it was the one that was fighting this

00:02:34 now in court. Is it the Cowichan?

00:02:36 I don't know. Squamish?

00:02:37 I think it's the Squamish.

00:02:39 Cowichan's on the island. No, it's Wershman.

00:02:42 No, the Cowichan got

00:02:43 a different strip of land that people live on.

00:02:47 So, Corey,

00:02:49 the Muscleum now,

00:02:51 it's not fair to say

00:02:52 they own it. They can just walk in any office

00:02:54 tower and kick everyone out, and this is

00:02:55 their land now, but

00:02:56 Ottawa has granted some significant rights

00:03:00 to them that seem

00:03:02 to further

00:03:03 erode the quicksand below the feet of British Columbians very basic property rights yeah people

00:03:10 are rightly concerned because of the Richmond one everybody was told not to worry about that either

00:03:15 and suddenly they found that they can't get their mortgages renewed and businesses pulling the heck

00:03:19 out of there because they can't finance things because I mean they might not have taken the land

00:03:23 but they put such a question mark on it that it's virtually valueless unless something is

00:03:26 is resolved this isn't the same with Musqueam but what people are seeing is it's a step in the same

00:03:31 direction so yeah it's talking about just giving increased control for fisheries and and uh

00:03:37 emergency management marine things which are kind of odd considering they just had dug up canoes to

00:03:41 begin with but it's another one of those just endless agreements and as it covers a lot of land

00:03:48 but it's again these question marks let's make sure we got an image up on the screen there of

00:03:52 this thing this is a this is some of the most expensive real estate in north america oh yeah

00:03:56 in the world and the musquehams if you might remember you might not but in the 90s there was

00:04:00 a big stink with that because they had a lot of expensive housing leased on what was Musqueam land

00:04:05 and they turned over the leasing ability to the ban because it used to be run by the federal

00:04:09 government and they hit people with like retroactive 4,000% increases in their lease

00:04:14 rates. Oh yeah, look it up. People walked away from their homes. This happened in the 90s. Though

00:04:19 to be fair, it was a gross like $100 a year lease rate they'd been getting for a long, long time.

00:04:25 Either way, it's an active ban in some very valuable land down there. It's the question

00:04:30 marks, again, are part of the problem. So the

00:04:32 Chief, Wayne Sparrow,

00:04:34 I'm looking at this, he's saying, you know, because there's

00:04:36 discussions, it's only federal

00:04:37 crown lands considered for potential

00:04:40 land transfers and other negotiations.

00:04:42 Again, he's already talking about land transfers.

00:04:44 But as we know, too, it doesn't

00:04:46 tend to stop there.

00:04:48 So people are rightly worried anyways,

00:04:50 and there's a lot of lack of clarity on this.

00:04:52 So, Dave,

00:04:56 BC's

00:04:57 land claims are a mess

00:04:58 because they're, for the most part, not covered

00:05:00 by treaties, the way you say Alberta and Saskatchewan

00:05:02 are. So it is

00:05:04 you know, to be fair

00:05:06 to these bands, it's a bit more ambiguous.

00:05:08 There are probably some legitimate claims

00:05:10 but, you know, as we saw with the Cowichan decision

00:05:12 with Richmond

00:05:12 you know, they say, hey

00:05:15 you know, my great-great-great-great-grandfather

00:05:17 was fishing there once, so therefore it's mine.

00:05:22 These things are flimsy

00:05:23 but Ottawa just

00:05:25 made the decision on its own and now you've got

00:05:28 the Cowichan

00:05:29 putting up its hand and saying, no, no, not so fast.

00:05:33 It's our land, or at least big portions of that are ours.

00:05:36 Yeah, it's very, very weird. 1.00

00:05:41 The biggest idiot in all this is David Eby. 1.00

00:05:44 He's, excuse me, he's running around claiming he doesn't know anything 1.00

00:05:49 and doing a Sergeant Schultz impersonation.

00:05:51 I know nothing.

00:05:53 But the federal officials say he attended the briefings

00:05:55 and he was there at the signing.

00:05:58 So somebody's not telling the truth.

00:06:01 It might be David Eby.

00:06:02 It might be David Eby.

00:06:04 I think if I was a Vancouver owner, one of the questions I would be asking is,

00:06:08 the BC government promised to, I don't know if the right word is insure,

00:06:15 insure the homeowners in Richmond, 120 of them or so that were affected,

00:06:19 they would back their mortgages.

00:06:22 If I'm living in Vancouver now, hey, is somebody going to back my $4 million mortgage?

00:06:26 You know, it's, as Derek says, some of the priciest real estate in the world, and a lot of money involved here.

00:06:35 Nigel, I can't imagine how the federal government could backstop every mortgage in Vancouver.

00:06:42 That'll also then open up, we're not talking, that'd be a gargantuan enterprise to undertake.

00:06:47 I mean, you'd end up having taxpayers backing some mortgages that probably should not be backed, even if you didn't have a land claims issue.

00:06:55 It would cost a wild amount of money.

00:06:58 Huge amounts of Vancouver are owned by Hong Kong and China anyway.

00:07:02 So we'd be backing foreign mortgages just to try and back our domestic mortgages at the same time.

00:07:10 But there's a dark part of me that's kind of chuckling.

00:07:15 It's a part of me that shouldn't exist, but I can't help that this part exists.

00:07:18 That's like all these downtown Vancouver types who just vote.

00:07:22 Oh, yeah, I'll vote for, you know, New Democrats and liberals who support UNDRIP, UN Declaration on Indigenous Protection or whatever.

00:07:31 I'll vote for all these crazy things.

00:07:33 They like to say land back, return the land, because they assume the land back is in the bush somewhere.

00:07:40 some hillbilly owns it 0.97

00:07:42 and it doesn't really bother them

00:07:44 and people can return to hunting and gathering

00:07:47 and everything will be great

00:07:49 before the European came 1.00

00:07:50 but it turns out what they

00:07:52 wanted was downtown Vancouver

00:07:54 their house

00:07:56 I don't know, maybe you're a better

00:07:58 person than me, but there is a dark

00:08:00 part of me that's kind of like

00:08:01 you voted for it

00:08:03 I mean the reason that I stayed with you three years

00:08:07 Derek is that I think there's

00:08:08 the same dark part

00:08:10 And I found it sort of easy to feed, you know.

00:08:13 Look, some of these people really deserve what they're getting, and now most don't.

00:08:20 But I was informed anecdotally just yesterday that there are people in the affected areas putting signs on their lawn saying,

00:08:30 proud to live on native land.

00:08:34 Well, if that's what you think.

00:08:37 Well, that could mean either way.

00:08:39 cory might say something like that trying to piss people off so i'm not actually sure what's meant

00:08:43 by that that could that could be two very different things well no it means they are

00:08:50 sucking up they are the kind of people who probably thought exactly what you thought

00:08:55 this wasn't going to come close to them but it would be very good if somebody else gave land 1.00

00:08:59 back that would be the right thing to do so they put these stupid signs on their on their uh on 0.99

00:09:05 their driveways and on their front lawns so there's a certain part of me that says oh you know if you 0.98

00:09:10 keep giving land acknowledges and say we're very proud to be here on unceded territory or very

00:09:16 proud to be on the traditional territory of the such and such tribe one of these days somebody's

00:09:22 going to come calling and say yes you're right you are on our land get off it or pay for it or

00:09:27 something like that and that's what we are now starting to see but what is a puzzle to me and

00:09:33 and I think probably a puzzle to all of us,

00:09:35 is why our senior politicians go along with it so easily.

00:09:40 And that's where the dark part of Nigel Hannaford

00:09:43 starts to bubble up and froth,

00:09:46 because I actually think that our senior politicians

00:09:49 would rather do this, and face up to it, and deal with it.

00:09:53 In the interest of reconciliation,

00:09:56 they would rather do this,

00:09:58 because they feel that if they take a hard line,

00:10:01 they will have protests

00:10:03 terrorism perhaps

00:10:05 more repeats of what you saw

00:10:07 on the northern pipeline

00:10:08 to Kitimat a few years ago

00:10:11 and that it will be a situation

00:10:13 that they can't control

00:10:14 it's cowardly

00:10:16 and I could be wrong but that's what it looks

00:10:19 like to me

00:10:19 this looks like a big opening for

00:10:23 the BC conservatives

00:10:25 and the federal

00:10:27 conservatives to Vancouver

00:10:29 voters, really everyone in BC

00:10:30 to say, you know, we'll put

00:10:32 an end to this madness. We will repeal

00:10:34 undrip. I think

00:10:36 what's her name? She's kind of the leading 0.95

00:10:38 she's leading some of the polls. Christine Elliott?

00:10:40 Christine Elliott. I think she's talked about

00:10:42 am I correct? She's talked about repealing undrip?

00:10:45 I'm going to say that.

00:10:46 Okay, I don't want to put words in her mouth.

00:10:48 But I know some of the candidates are talking

00:10:50 about that. Oh no,

00:10:52 maybe I'm confusing with 1BC. 1BC's

00:10:54 talked about it, but you know. They might have finally

00:10:56 pushed things too far though. I mean, people have been to Vancouver

00:10:58 North Van, nice houses, and there's a reserve

00:11:00 right there down by the water side, right there.

00:11:02 I mean, it's three quarters.

00:11:04 But there's those champagne socialists, loads of them.

00:11:07 And it's kind of like we've all been saying.

00:11:09 It's great when you're giving away somebody else's stuff,

00:11:12 but it's amazing how quickly their tune changes when it's their own.

00:11:16 So maybe that's what Canada needs.

00:11:18 Let's lose some houses so that people of bloody will wake up 1.00

00:11:21 on the ridiculousness of where you've been going. 0.90

00:11:24 Corey, we can't be too smug on this here in Alberta.

00:11:28 Well, our land is treaty land.

00:11:30 I actually looked it up before I came to Engleworth.

00:11:33 Total 100% treaty land.

00:11:35 However, we have a judicial system that rewrites the rules on the fly.

00:11:42 Nobody could have predicted this Cowichan decision last year.

00:11:46 If you go through the thing carefully, you find that the judge was quite creative in

00:11:50 her interpretations and indeed used a lot of native language as a politeness to the

00:11:57 other side suggesting um some people have suggested she might be a little sympathetic to them

00:12:03 so you get a judge with a very different idea about whether the treaties were ever

00:12:08 fairly negotiated in the first place and just says that doesn't count anymore guess what calvary

00:12:15 edmonton are you listening well i'm aware of it i'm going before a judge on june 30th on a uh

00:12:21 indigenous uh uh canadian canadians are just they're just sheep it's frustrating why isn't 1.00

00:12:28 there marches in vancouver of all these homeowners saying hands off our land right i mean you know

00:12:36 i would think maybe at some at the moment at some point yeah at some point it's got to happen but

00:12:42 it could happen quicker than people think well let's stop that from happening because people

00:12:46 People will, you know, look at all the, you know, the elbows up types, you know, they're defending, you know, they've got these big home values, they're voting kind of status quo political parties, you know, their vote for Carney and stuff. People do not mess around when it comes to their homes. It's their biggest overwhelming number of people. It's the biggest asset if they have a home.

00:13:05 the feds are not going to allow it to happen so what you probably would see is just couching

00:13:11 times a million where okay the feds come in and they start backstopping it we're going to continue

00:13:16 to socialize this cost out to people across canada canadians across the country are going

00:13:22 to be forced to carry the mortgages of people in vancouver if say all of vancouver flipped over i

00:13:28 mean that seems almost dystopian but i mean it happened on a small scale with blocks of vancouver

00:13:33 be into the billions.

00:13:35 So what you're going to see is this is

00:13:37 going to get socialized because

00:13:39 I think these people, you know, West Van, they're

00:13:41 beside a reserve and, you know, say

00:13:43 their land comes into question.

00:13:46 They're not going to

00:13:47 want to be me. They're not. I don't

00:13:49 think they're going to flip and say, F

00:13:51 off. This is my land. You pushed

00:13:53 it too far. We're not friends

00:13:55 anymore. They're not going to do that.

00:13:57 They're too wrapped up in it.

00:13:59 They're going to plead and Ottawa

00:14:01 is going to come in and the taxpayer

00:14:03 is going to bail them out and we're just going to socialize this cost yeah but we the whole thing 0.93

00:14:08 is we've got to stop sucking up to first nations we've got to stop these ridiculous land 0.99

00:14:14 acknowledgements uh we were shocked last week derek sitting listening to a uh ucp cabinet 0.53

00:14:19 minister mike ellis do a land that uses lander do a land acknowledge other ministers have been

00:14:26 doing it in alberta too that's just the first time somebody popped it up to us with a video

00:14:29 Well, we did a search.

00:14:30 No, we did an in-depth dive.

00:14:32 He's the only one.

00:14:34 Okay, good.

00:14:35 Otherwise, I'm glad to be wrong.

00:14:37 It's done in the legislature every Monday to kick off the week,

00:14:41 and it's done at the opening of a session.

00:14:43 Still too much.

00:14:44 Still too much.

00:14:45 And, yeah, but this is a cross-Canada problem.

00:14:47 It's not Alberta.

00:14:49 I mean, every single press conference in eastern Canada starts with a land acknowledgement.

00:14:54 I go to a gym and lapidary club general meeting once a month.

00:14:57 Yeah, I know.

00:14:57 I hang out with the cool kids.

00:14:58 They start those out with a land acknowledgement.

00:15:00 It pains me.

00:15:02 Well, in Calgary itself, we changed the name Fort Calgary to the Confluence,

00:15:06 which just sounds like, I don't know, a hotel or some kind of posh bar or something.

00:15:12 Fort Calgary, the very heart that built Calgary.

00:15:15 There was no Calgary before Fort Calgary.

00:15:18 We don't have Fort Calgary anymore.

00:15:19 The previous administration changed that.

00:15:22 Unfortunately, we've questioned the current mayor when he was running.

00:15:25 uh if you would change that uh jeremy parkas he says no uh you know yeah that's a frustrating

00:15:30 thing there's no there's no action on it we've got a whole new revamp council and not one of

00:15:34 them wants to touch it and they're doing lat acknowledgements before the meetings no everybody's

00:15:38 afraid disgraceful why are we still afraid of this this is chicken i mean you go to city hall as well

00:15:44 look at that garbage dump of a memorial they have from way back when the uh the camelos buried 1.00

00:15:49 children hoax began and there was a fenced area with a bunch of teddy bears and shoes

00:15:54 to represent the children buried at a canvas, even though it's become almost clear as day

00:15:57 that this was a hoax. And that thing's been vandalized multiple times. There's some of

00:16:01 the irony. It turned out when they chased the vandal, it wasn't a white nationalist. It was

00:16:04 almost First Nations person who burned it. But it's still there. It's still there. It looks

00:16:10 awful. It's a mess. But nobody's got the courage ever, whether it's an official or real, just say,

00:16:16 you know what? It's done. It's time. It's time to raise the flag from half mass Canada. 0.98

00:16:21 You know, we have been in figurative half-mast for too long.

00:16:26 Okay.

00:16:28 Let's do something more cheerful.

00:16:30 War.

00:16:33 Or gang up on Derek time.

00:16:35 Gang up on Derek time.

00:16:38 A supreme leader of the office.

00:16:43 All right.

00:16:44 So, I don't know.

00:16:47 I interviewed Stockwell Day.

00:16:49 We had kind of a friendly debate.

00:16:51 just Monday

00:16:54 I think it was, I talked to Adam

00:16:56 Zivo, an independent journalist who was

00:16:58 hanging out in Tel Aviv

00:16:59 and I've already kind of made my

00:17:02 own views known, this is

00:17:04 I just, this is not

00:17:06 America's war, this is not in America's 0.78

00:17:09 interest, in fact it in some ways

00:17:11 I think is against America's interest

00:17:12 I think

00:17:15 they've been drug into it by Israel 0.63

00:17:17 which has geopolitical aims

00:17:19 for the region

00:17:19 and who knows how far out this could spin out of control.

00:17:25 It's already resulted in Gulf nations being hit with Iranian ballistic and cruise missiles.

00:17:34 I don't know.

00:17:35 It's hard to tell how bad this could get.

00:17:38 Maybe it's kind of similar to the 12 Days War.

00:17:40 They just pound Iran and nothing much changes. 0.99

00:17:44 But in America's interest or not, I propose to you, Corey.

00:17:49 that uh the two main i mean the excuse for the war changes hourly at this point but the two main

00:17:58 ones they went with which were pretty much the the iraq excuses which is nuclear on the verge 0.85

00:18:03 of nuclear weapons which according to netanyahu they have been weeks away since 1995 um that's

00:18:10 one excuse and the other one is regime change which i mean who knows if that happens it's not

00:18:15 gonna just happen through a peaceful color revolution best case scenario it'll be a big 0.88

00:18:19 civil war god knows how many people die and we get flooded with uh refugees again that's probably 1.00

00:18:26 the best case scenario for regime change more likely the regime just clamps down gases and

00:18:31 shoots a bunch of people and nothing changes um those are the two big excuses given for the war

00:18:38 Or, I'm being unchartable, justifications given for the war.

00:18:44 Do you buy either of those?

00:18:46 I don't know.

00:18:47 I mean, I admit that with the second Gulf War, when they were looking for weapons of mass destruction in Iraq,

00:18:52 and they turned out not to be there, it speaks a lot to the limits on intelligence or the justification they'll put out.

00:18:59 But it's undeniable that Iran was not just a benign wart hanging out in the police stall by itself.

00:19:05 It was funding terrorism all over the place. 0.95

00:19:08 And they were, it's the most cowardly way, I think, of these dictators.

00:19:12 At least, you know, Saddam wore it on his sleeve. 0.82

00:19:14 Iran funds others to take care of their ugliness, whether it's Hezbollah, Hamas, their Houthis, you name it. 0.97

00:19:20 As well, you know, against their own people. 0.77

00:19:23 I mean, we talked 30,000 demonstrators slaughtered in five days for trying to stand up to him.

00:19:28 As you said, a civil war would be bloody over there.

00:19:30 The question, I guess, is whether or not it's the place of America to play police and go in and do that.

00:19:36 But Israel has very directly been hit and threatened and rocketed.

00:19:44 Well, yes, but they started a war.

00:19:45 October 7th never would have happened without loads of Iranian help going into Gaza for years to get them armed up and trained up and able to hit as they are. 1.00

00:19:56 No, there's a very direct connection between Iran and Hezbollah, because they're both radical revolutionaries.

00:20:04 And Hamas. 0.82

00:20:06 A bit with Hamas, but not much.

00:20:07 No, they funded October 7th, Eric.

00:20:10 They're involved, but they're not the main backer of Hamas.

00:20:12 Hamas is radical Sunni, kind of mixed with local parochial nationalism, but they're radical Sunni Salafists.

00:20:20 The Shiite-Sunni thing gets set aside, because one thing they can agree on is they all hate the Jews. 0.98

00:20:25 and so there's no difficulty with

00:20:28 Iranian money coming into Hamas

00:20:30 even if they weren't as tightly a bed as Hezbollah is 1.00

00:20:32 but I mean the bottom line is

00:20:34 and how many times has

00:20:35 the Ayatollah had to say we need to wipe Israel

00:20:38 off the map, I think it's a pretty good

00:20:40 direct threat for Israel to respond to

00:20:42 Israel's argument 0.51

00:20:44 but there's no big

00:20:46 American

00:20:46 of course there is, let me, sorry I don't mean to interrupt

00:20:49 you were just going on

00:20:50 Iran has been killing Americans for decades 1.00

00:20:55 Right?

00:20:55 One of the first things that happened when the Ayatollah came back from exile

00:20:59 is they captured those American hostages.

00:21:03 They kept them for 448 days.

00:21:06 The Marine Station in Beirut, blown up.

00:21:10 Hundreds of dead Americans.

00:21:13 Americans have been killed all over the world by Iran-funded terrorists. 0.88

00:21:17 So is this a vengeance mission?

00:21:20 No, it's to prevent Americans being killed in the future.

00:21:23 When's the last time Iran killed an American soldier

00:21:25 before this?

00:21:26 Not talking soldier, I'm talking terrorism.

00:21:28 Or civilian. When's the last time Iran 0.98

00:21:30 targeted someone on American soil?

00:21:33 Like, it just hasn't really happened.

00:21:35 What about the Austin,

00:21:37 Texas

00:21:38 shooting this week was

00:21:40 inspired by...

00:21:42 Inspired, maybe. Who knows?

00:21:44 ISIS, there's ISIS-inspired people.

00:21:47 Look, the Iranians are 1.00

00:21:48 they're about as bad as you get. 0.99

00:21:52 But

00:21:52 They're not a direct security threat to the United States.

00:21:55 They're a security threat to Israel, no doubt. 0.98

00:21:57 They're not a threat to the United States.

00:21:59 And we'll see if the proof ever shows up.

00:22:00 As I said, I have some skepticism after the last 12 war,

00:22:03 but it's not beyond belief that they were having a nuclear program getting close to.

00:22:07 And if there's any state in the world that is ideologically crazy enough to actually use a nuke,

00:22:12 maybe it's an option.

00:22:14 But then that would put lie to the 12 days war,

00:22:17 where they said they set their nuclear program back by years, if not decades.

00:22:20 That wasn't even a full year ago, was it?

00:22:22 So either they were lying then or they're lying now, or lying both times.

00:22:27 But they can't be telling the truth both times.

00:22:28 Sending it back by years isn't enough when you want to completely eliminate it.

00:22:31 Yeah, but Netanyahu says weeks away.

00:22:33 And he is on the record saying we are mere weeks away since 1995.

00:22:37 I was 10 years old, is at least as far back as it goes, saying literally weeks away.

00:22:44 If nothing had been done to Aaron over all these years, they probably would have had one by now.

00:22:48 Well, gents, I've got a rather different take on this.

00:22:50 And I don't think any of you are, I don't think you're actually wrong.

00:22:55 It's just that you haven't perhaps explored whether this isn't really about Iran, but is about China.

00:23:05 China is basically has colonized Iran in the sense that it has created a forward operating base in the Middle East, sitting right on top of 80 percent of the world's oil supplies.

00:23:19 You might recall that very recently, the Yanks pulled Maduro out of Venezuela.

00:23:24 What did he do wrong?

00:23:25 Well, he was a bad dude.

00:23:27 But the significance of Venezuela wasn't one more bad dude being pulled from the game.

00:23:33 It was the fact that the Chinese, who were buying 90% of what Venezuela produced,

00:23:38 suddenly had to find a place for oil.

00:23:41 And they had been working on Iran for decades to develop Iran as that source.

00:23:48 so actually we think about american imperialism and we think about the old british empire and we

00:23:56 have our sort of our forces distributed all over the world to seek our best advantage but that is

00:24:02 what china was doing and they were doing it in iran they were doing it in venezuela so this really

00:24:09 is about kicking China out of the Middle East.

00:24:16 So let me just consult a couple of notes.

00:24:21 The relationship between China and Iran

00:24:25 has extended far beyond the oil that I'm talking about.

00:24:31 They have gone into a military-industrial entanglement.

00:24:35 Iran was on the verge of acquiring Chinese-built ship-killing missiles,

00:24:40 things that evade the defenses on American ships, hypersonic.

00:24:47 They have been developing diplomatically,

00:24:50 and with the Belt and Road Initiative all through that area,

00:24:55 what's the object?

00:24:55 It is to diminish American power in the area 0.99

00:24:59 and elevate Chinese power around the world.

00:25:02 So I would make the point to you that this is about dismantling and disrupting this emerging Chinese power projection before it becomes permanent, rather than solely about the Israel-Iran conflict. 0.86

00:25:20 and I admit that it is partly to do with that

00:25:23 for very obvious reasons

00:25:24 but that's not all that's going on here

00:25:26 it is China trying to be 0.96

00:25:29 the new British Empire

00:25:30 the new American imperialism

00:25:32 but this time it's us

00:25:34 who are supposed to be at the disadvantage

00:25:36 so Trump, whatever he may say

00:25:39 in his news conference

00:25:39 it's because of this, it's because of that

00:25:41 this is where he's got to look

00:25:43 for the real reason

00:25:44 I've seen the argument made around China

00:25:47 I actually think that is probably

00:25:49 at least from a reason for america to be involved i mean israel's got its own reasons for america

00:25:55 to be involved it's probably the best i've seen but it it's not compelling to me to launch a

00:26:02 potential large-scale war right now it's i can't say it's contained but it's you know we'll see

00:26:08 what happens with the kurds coming over the border maybe uh but you know every big war most big wars

00:26:14 start a small wars and i i don't want to play chicken little and say this is definitely going

00:26:19 to spiral into something big and goes on for years and millions die i i can't tell but but

00:26:25 so the you know the pushing back a potential chinese outpost okay that one i could see is

00:26:32 in america's interest but this would seem to be not the normal correct american way to do it like

00:26:39 In the Cold War, you know, someone flirted with the Soviet Union.

00:26:45 You did just invade the country.

00:26:47 You funded their neighbor to push back against them or something.

00:26:52 You know, a bit more finesse, a little less death, a little less blood, a little less treasure.

00:26:57 This would just seem to be, if that's the case, if it is pushing back a Chinese forward operating base, maybe,

00:27:03 this would just not seem to be the smartest way to go about it.

00:27:06 I don't know how else you really would.

00:27:07 I mean, a couple of things.

00:27:09 One is that it's good for the Americans that the Israelis are involved

00:27:13 because Israeli intelligence in that area is vastly superior to American resources.

00:27:20 Nobody's come out and said this, but it would be highly surprising

00:27:24 if I were to learn that that operation in which on the first day

00:27:29 the leadership was totally eliminated is a consequence of Israeli intelligence,

00:27:35 not American.

00:27:36 They knew where it was.

00:27:37 that was my assumption because they run through the window that's my assumption because the

00:27:41 masad's legendary but uh a lot of what i've seen it actually is to the contrary because it was the

00:27:46 united states actually watching a lot of this so it's probably a combination of all i i've heard

00:27:51 the opposite the second day when all the clerics were together uh they dropped a bomb on them

00:27:56 brilliant intelligence nobody does it better than the masad and apparently they had control 0.97

00:28:01 or viewing control of every traffic

00:28:03 station, every traffic camera

00:28:05 in Tehran. So they could

00:28:07 monitor when the supreme leader

00:28:09 left his mosque and when all

00:28:11 these 80 people gathered, they're watching

00:28:13 it on TV. And I just

00:28:15 got to note the irony and the

00:28:17 beautiful part of that though because it is a

00:28:19 totalitarian state and they put those cameras

00:28:21 in, I'm certain, with a lot of intent to oppress

00:28:23 their own people. It is that irony

00:28:24 sounds great. I like the pagers. Hey, we actually

00:28:27 sold you the device to blow your nuts off

00:28:29 And here you are. You put that in to oppress your own people, but we've hacked it so that we can track your own leadership around the streets. 0.91

00:28:37 It's brilliant.

00:28:37 It's absolutely brilliant.

00:28:38 If I may, we talk about Iran's government.

00:28:42 What we really have is a Muslim equivalent of the Hells Angels running a country. 1.00

00:28:48 This is not a normal government. 0.94

00:28:50 Well, this is like...

00:28:52 We all agree the Iranian government's bad. I don't think that's really a point of...

00:28:56 Well, no, they hear that they're bad.

00:28:57 It's just that it is criminal organization.

00:29:00 It is.

00:29:01 And my skepticism, I mean, part of my enthusiasm in a way, I wouldn't call it enthusiasm, but optimism or whatever.

00:29:06 I think it's almost time for the world to start having it with radical Islam, which I know is a broader thing to define and so on.

00:29:13 But at the same time, well, how well has regime change ended up working on Afghanistan or Syria or Iraq or any time they try it?

00:29:21 that's part of the problem, is that

00:29:23 if you still have a core of radical Islam

00:29:25 in the country, the next regime

00:29:27 typically isn't any better than the one you just got

00:29:29 rid of. They've just changed

00:29:31 names. So you're going, oh, I mean, so

00:29:33 why, it's not us,

00:29:36 but I guess us is the West,

00:29:37 but why is America and the

00:29:39 West still trying

00:29:41 to fight radical Islam over there when

00:29:43 we're not really doing it here? Oh, you don't hear me

00:29:45 disagreeing with you there. 0.85

00:29:48 Radical Islam is a much 1.00

00:29:50 bigger threat here 0.72

00:29:52 than it is over there.

00:29:54 Over there? It's

00:29:56 still a problem. I wish it wasn't over

00:29:58 there either, but I have an

00:29:59 infinitely bigger problem with it right 0.99

00:30:01 here, yet we don't do shit 0.95

00:30:04 about it here. There was a memorial 0.90

00:30:05 for the Iretilton of Van Brampton 1.00

00:30:08 held, and as I treated it, which got

00:30:10 a fair response back, I would say, what a perfect

00:30:12 place to choose candidates for deportation.

00:30:14 Here's the ones. Here's

00:30:15 self-identification. What about a Canadian ice van?

00:30:17 Extreme lunatics supporting 1.00

00:30:19 monsters, get them the hell out of here. 1.00

00:30:22 I fully agree there. Clean up our own...

00:30:23 Americans,

00:30:25 you know, I saw a good meme.

00:30:28 We'll put it up right now.

00:30:30 It has, you know,

00:30:32 it's from the office.

00:30:34 It says, you know, Mega was promised

00:30:36 mass deportations, you know,

00:30:37 getting rid of all these illegals. 1.00

00:30:39 And instead of, you know, Michael Scott 0.56

00:30:41 saying mass deportations, he says

00:30:43 mass deployment in Iran.

00:30:47 Trump

00:30:47 ran for president three times

00:30:49 no new wars, and no war with Iran in particular, because Iran was the neocon wet dream. They've

00:30:56 always wanted Iran. And he said, no war with Iran, and they get Iran, and Americans are not

00:31:03 getting mass deportations. The ICE thing, it's a thing, but it's not nearly as big as everyone's

00:31:08 promised. In fact, Obama's deported more people as president. It was just done with less fanfare.

00:31:13 um so we're in america itself where you've got trump they're not dealing with radical foreign

00:31:21 elements the way uh republican and mega voters were promised but instead they're getting a war

00:31:28 with iran that they were promised would not happen so yeah radicalism is a big big problem

00:31:35 you know i i oppose the war for different reasons and some on the left would these guys do not see

00:31:39 a problem with radicalism i do but i see it as a problem here we should fight it here but we have

00:31:45 to take the speck out of our own eye before we take the log out of our out of our neighbors we

00:31:50 have to do both let's let's only start here before we launch these gigantic wars overseas that are 0.97

00:31:57 going to kill thousands of people disrupt the region and potentially at least spiral out of

00:32:02 control into something we can't control and then we've got fifth columns here let's deal with that

00:32:08 first before we go do it well this might expose those fifth columns actually and what are we

00:32:13 going to do about how many deportation vans were sitting in brampton waiting for the ayatollah we

00:32:18 do things right on october 19th we can deport them at least out of over

00:32:24 hard for me to argue with that one you you you were listening you brought me right back in

00:32:31 there's your headline for tomorrow dave well speaking of bringing this conversation back

00:32:36 to alberta can we just have a quick i'll comment on this the other thing that nobody talks about

00:32:43 is that if you actually separate china from a consistent oil supply china is going to come

00:32:49 looking for it they've got a reserve that's supposed to keep them going for about 100 days

00:32:54 but this whole situation of starving amount of oil reminds me of the 1930s when the americans

00:33:02 cut the oil off to Japan.

00:33:06 Are you mentioning

00:33:06 that turned out to be a very

00:33:09 bad idea. It resulted in war.

00:33:10 The Japanese came looking for oil 1.00

00:33:13 because they needed it for their economy.

00:33:15 And they, well, you all know the story.

00:33:17 So,

00:33:18 this could work.

00:33:20 If this is actually the plan.

00:33:22 So, if it does work, then

00:33:24 that is where the greater danger of a

00:33:26 wider war may come in.

00:33:30 Okay, I just want to make sure

00:33:31 understanding you are i don't know if you're making pro or con but like if if you're making

00:33:35 the analogy there that you know the united states froze their assets cut them off from oil

00:33:38 and it left the japanese with two choices which was essentially surrendered full down the empire

00:33:43 without a fight or roll the dice on pearl harbor i don't i don't want to push china into a position 0.84

00:33:51 where they got to roll the dice on a pearl harbor i'm not recommending it i'm just saying that this

00:33:55 is where this could go.

00:33:57 So if you're making investments, Derek,

00:34:01 You just scared the hell out of me,

00:34:03 because I think that...

00:34:04 History doesn't repeat itself, but sometimes there are these

00:34:07 echoes that come by, and

00:34:09 it's a similar circumstances.

00:34:12 That is...

00:34:13 Okay, well, a great

00:34:15 segue to how this affects oil.

00:34:17 You read it here first.

00:34:19 You're going to have to tease this one out a bit, Nigel,

00:34:21 because I...

00:34:21 I don't like that. That's scary. I like

00:34:25 beaten up on China, constraining China, but

00:34:27 I don't want to push them into a Pearl

00:34:29 Harbor. Okay.

00:34:31 So,

00:34:33 excellent, but terrifying segue

00:34:34 into how this affects Canada,

00:34:37 and Alberta, particularly with oil.

00:34:39 Dave,

00:34:40 last Thursday,

00:34:43 the Alberta government

00:34:45 tabled its budget in the legislature.

00:34:48 Record deficit,

00:34:49 9.2, 9.5 billion.

00:34:52 Just

00:34:52 a bloodbath of redding. 0.99

00:34:55 think um and i'm not too sympathetic to the alberta government's excuses on this one oil's at 60

00:35:01 it's lower than they had projected but 60 people are still making money it's not bad oil prices

00:35:06 um this is overspending some of it's because yeah we've been swallowed by migrants but a lot of it 1.00

00:35:12 is we just haven't controlled spending that we can control it's both but over the week she tables

00:35:19 up thursday uh we wake up saturday morning to find you know war is broken out and uh oil is

00:35:26 going to certainly spike when markets open monday morning if you're daniel smith how much do you

00:35:31 regret not waiting a week to table your budget well the deficit certainly would have been billions

00:35:36 of dollars less uh every every dollar above that 60 budgeted mark uh is worth uh about 700 million

00:35:45 to the alberta treasury so it's now trading about 74 today which is 14 above so it's a good chunk

00:35:54 of money i failed math but it's several billions several billions of dollars and it's not just the

00:35:59 alberta go it's all there's a lot of people in canada that are going to make money off this war

00:36:05 the energy minister tim hodgson was in toronto today saying and the quote was we see money

00:36:11 right which is maybe a bit crass but no it's a bit crass but but it's not wrong the potential

00:36:17 is there for if this war if this war goes on for a month or so uh we could wipe out that deficit

00:36:25 completely and uh actually run a budget surplus which you know had to be the greatest budget

00:36:31 turnaround in uh in budget history i would think uh yeah i mean if it's a short if it's like the

00:36:39 14 days war, it goes back,

00:36:41 you know, then the price will probably reach

00:36:42 somewhat more of an equilibrium again, but

00:36:45 I think,

00:36:47 Nigel,

00:36:48 US and Israel, I don't 0.99

00:36:50 think they thought that the Iranians

00:36:52 were going to be able to shut down the

00:36:54 Strait of Hormuz as effectively as they

00:36:56 did, because they wiped out

00:36:58 their navy. Their navy was no contest.

00:37:00 They destroyed it, so I think they

00:37:02 were thinking more conventionally that, well,

00:37:04 the Iranian navy doesn't stand a chance of blocking it,

00:37:06 but what the Iranians did is they go and they

00:37:08 sunk one of, they scuttled one of their

00:37:10 own oil tankers and got

00:37:11 every insurance company on the planet to say

00:37:13 we're not covering oil tankers going through

00:37:16 the strait right now, so everyone voluntarily

00:37:18 shut their tankers down

00:37:19 so without really a

00:37:21 military action, the Iranians managed still 0.92

00:37:24 to shut it

00:37:24 the

00:37:26 anti-air defenses against these

00:37:29 the Iranians are now deploying hypersonic 0.99

00:37:32 missiles, not a lot of them are regular ballistics

00:37:34 some of them are hypersonic

00:37:35 the anti

00:37:37 The missile interceptors are not as effective as they say they were in the 14 days war.

00:37:44 They were pretty effective then.

00:37:46 But, you know, the Iranians are now hitting all these Gulf countries that host American bases to try and get them to put pressure on the Americans to call this off. 0.99

00:37:56 And that is now starting to do serious damage to the oil infrastructure around there.

00:38:01 So even if this war is over in 14 days or something, and it's not looking like it will be right now, but who knows, even if, if serious damage is done to the infrastructure over there, as much as I might think this is not a good war, we might come out ahead because oil infrastructure over there being seriously damaged, that will have knock-on effects for some time.

00:38:25 Yeah, I think that's a reasonable expectation

00:38:27 that Alberta can only do well out of this. 0.91

00:38:31 It's kind of crass to point it out, but...

00:38:34 Alberta secretly started this war to save the budget.

00:38:36 Yeah, so what was Danielle Smith doing that weekend anyway? 0.94

00:38:41 So I think the facade's good.

00:38:42 You should see the rat patrol.

00:38:43 As far as the exact way this war is conducted,

00:38:48 the weapons used and how effective they are,

00:38:51 there are people better qualified than me to pass an opinion.

00:38:54 But, to your point about the hypersonic missiles, I was not aware that the Iranians had received hypersonic missiles.

00:39:04 They got everything else.

00:39:06 That's a very particular type of weapon that you wouldn't waste on an oil tanker.

00:39:10 You'd be looking for aircraft carriers without one.

00:39:13 But they can actually do the damage they want to do with drones that cost a couple of hundred thousand dollars a copy.

00:39:19 And, you know, the most sophisticated anti-aircraft defense system that you can build sort of can handle a number at a time, but a swarm of a couple of hundred? No. That's the leverage they have.

00:39:35 So obviously, what we're seeing now is strikes on Iranian territory, along the coasts of the strait, particularly, to just isolate and eliminate the launching pads for these things. 0.82

00:39:50 Well, and these things, the Iranians, I mean, they're launching different kinds of missiles here, but a lot of the ones they're launching, they cost about a quarter million dollars a pop to build.

00:39:59 I mean, to the average person paying taxes, that seems like a lot of money, but that is cheap like borscht.

00:40:05 for a missile.

00:40:08 On a bang for the buck.

00:40:09 Yeah, and most of these interceptors

00:40:11 cost $2 million a pot.

00:40:14 And you'd only have to fire several interceptors

00:40:16 to have a pretty good chance of taking out a missile.

00:40:19 The economics of this are non-good.

00:40:21 Now, the American economy is

00:40:22 infinitely larger than the Iranian economy.

00:40:26 The Israelis are a fairly strong economy.

00:40:28 But the Iranians have figured 1.00

00:40:29 how to build this stuff cheaply and fast.

00:40:33 So they might be able to keep this up

00:40:35 for a while and then you run out of interceptors

00:40:37 it's

00:40:39 plausible Dave that

00:40:41 again I'm making an argument just for purely crass

00:40:43 self-interest for Alberta

00:40:45 now I'm on the other side I'm like yes war 0.89

00:40:47 is good for oil

00:40:48 it's not implausible that the Iranians

00:40:51 are going to be able to do also the Americans

00:40:53 the

00:40:55 Gulf states are kind of getting very angry

00:40:57 at the Americans because they've deployed

00:40:59 the bulk of their interceptors

00:41:01 to protect Israel not the Gulf 0.77

00:41:03 States which they've found to protect here

00:41:05 So these guys are getting hit, and they were promised protection in this.

00:41:09 So that oil infrastructure, if the Iranians can keep this up, could do a lot of damage to refineries, to shipping facilities. 1.00

00:41:19 This could shut down major oil production, or retard oil production in the Middle East for quite a while to come. 1.00

00:41:25 I didn't think you could use that word.

00:41:27 Retard is back. 1.00

00:41:28 And I didn't even use it offensively in this way.

00:41:31 This was purely an animal.

00:41:32 it one of the big winners that may may or may not come out of this is the ukraine they were

00:41:39 they were getting pounded by iranian made drones given to russia and now that pipeline has dried

00:41:47 dried up they're not getting russia's not getting anymore the iranian drones so that uh that will

00:41:53 work well for the for ukraine uh and yeah it's you know i was talking to a friend in government

00:42:02 yesterday you know a hundred dollar oil is not out of the question if this all goes to hell 0.57

00:42:07 i mean yeah there's so many ways we can follow this now but the ukraine war is it's been had

00:42:15 like three very distinctive phases you had an initial kind of blitzkrieg phrase phase where

00:42:19 the russians were going to rush it with tanks and aircraft and most people thought it would succeed

00:42:23 it did not then you had kind of a trench war then you went backwards the world war one style

00:42:28 trench warfare now you're into very innovative drone warfare uh i mean the instagram reels are

00:42:35 wild to watch this we've never seen warfare like this but it's been pioneered in ukraine and now

00:42:41 we could see it um it's difficult this is bombarding drones but you want to bet that

00:42:48 the ukrainians sorry the uh the iranians have certainly built kind of anti-personnel drones

00:42:54 So that, you know, say if the Kurds start coming over, maybe they want to fight a typical kind of asymmetrical insurgency against the Iranian regime.

00:43:03 I'm betting the Iranians have probably learned from the Ukrainians now because the Iranian drone technology is cheap and effective and they're watching what's happening in Ukraine. 0.83

00:43:12 This would be drone warfare again, second drone war going on.

00:43:16 If it's still available. It may have been bombed out of existence by the Americans.

00:43:21 Maybe. I don't know.

00:43:24 all right all right i don't know we can talk this shit all day but i don't know if yeah if there's 0.95

00:43:32 any silver lining it's that maybe this fixes the alberta deficit but temporarily because we'll 0.97

00:43:38 never we never seem to get spending under control okay uh put a pin in that there and have our

00:43:44 parting shots uh nagel yeah well to your last point there derrick about the never getting

00:43:50 spending under control. So last year we had the teachers on strike, you had the doctors,

00:43:55 the nurses asking for more money. It's the same all the time I mentioned last year, but it goes

00:43:59 on and on and on. And always the advice from the general population, they deserve it, give them

00:44:06 what they want. Well, that's mostly where the deficit comes from. 80% of the provincial budget

00:44:10 is wages, and 80% of that goes to those two professions, the medical profession and the

00:44:17 teaching profession so all of a sudden we have a you know oil prices are down or we're down at the

00:44:22 time and people's and they present a deficit budget very small that's terrible they got to

00:44:29 get spending under control it's the same people who are saying give the doctors more money give

00:44:33 the nurses more money give the teachers more money but so what are you got to get spending

00:44:37 under control what do albertans want well what that's why every politician promises we're going

00:44:42 to trim the fat. We're going to get

00:44:44 rid of the unnecessary duplication

00:44:46 of bureaucrats. Guess what?

00:44:48 The government just has that no matter what.

00:44:50 No matter what party's in power, you're always going to have that.

00:44:53 So anytime the politicians

00:44:54 come out and they don't give you very specific

00:44:57 big line items what they're going to cut, 1.00

00:44:59 it's the same bullshit. 1.00

00:45:01 That's the way it goes. Corey? 1.00

00:45:03 Back to the bumper sticker, which is a

00:45:04 brilliant one that comes out about every eight years.

00:45:06 It says, oh God, let there be another oil boom.

00:45:08 I promise not to piss it away this time.

00:45:10 And we never learn.

00:45:12 I wrote a column that'll come out in the standards soon,

00:45:14 where I said the best time for Daniel Smith to cut spending is now when the

00:45:17 oil prices are high.

00:45:20 Yep.

00:45:21 Yeah.

00:45:21 I don't care.

00:45:21 No excuses.

00:45:22 It's never when they do it,

00:45:23 but he hasn't got a nickel.

00:45:25 No.

00:45:26 Dave.

00:45:26 It's been a tough week to be British.

00:45:30 Our Royal Air Force base in Cyprus was bombed.

00:45:34 And unfortunately every single ship in the formerly mighty British Navy was

00:45:40 in port.

00:45:40 at the time. So, Prime Minister Keir Starmer has dispatched a destroyer, but it will take a week

00:45:47 to get there. So, the RAF is under the protection of other people, I guess.

00:45:53 I'm fairly personal. My nephew is in that very base at Akritary Amendment.

00:45:57 Oh, well, stay safe. Can we talk to him?

00:46:01 Yeah.

00:46:02 Well, I can say all I want, but he is professionally cautious about what he says to me.

00:46:08 And the week sort of ended yesterday with President Trump correctly noting that Keir Starmer, quote, is no Churchill.

00:46:20 All right.

00:46:22 Well, you've all got war, war, war.

00:46:25 I'm sick of war.

00:46:27 Let's talk about the dad in Grand Prairie.

00:46:31 This guy is, he's trans and so thinks he's a woman. 0.94

00:46:35 and he brutally stabbed and attempted to murder his own children. 0.96

00:46:39 One child had, I think, three-quarters of her esophagus cut,

00:46:45 miraculously survived.

00:46:47 This guy was, I guess, brought up on some kind of aggravated assault or something,

00:46:51 but not even attempted murder.

00:46:52 It's clearly attempted murder.

00:46:54 He only got five years, and the Crown only asked for five years 0.99

00:46:59 for a psychopath who brutally attempted to murder his own children this guy is clearly nuttier than 0.94

00:47:07 a fruitcake and should be locked up in a mental facility for a long time but you notice what it's 0.99

00:47:12 a trans person they don't they don't go like the route of crazy they're just going to keep them in 1.00

00:47:17 traditional corrections this guy is clearly crazy and uh there was a very heavy publication ban 0.90

00:47:22 banning us from covering this dave you and i talked about this god knows how many times

00:47:26 we broke the publication ban

00:47:29 finally when this guy came out

00:47:30 and posted a crazy

00:47:32 maniacal video of himself on social

00:47:34 media we're like well he's broken it so we can share

00:47:37 his social media post

00:47:38 but we were banned by law from

00:47:40 reporting on this for a long time

00:47:42 for this psychopath and he got only five 0.80

00:47:45 years for attempting to murder his own 0.99

00:47:46 children this guy needs 0.99

00:47:48 mental help but he's not being

00:47:51 put in a mental facility here

00:47:52 it's just the way we do business

00:47:55 At least he had the sense not to commit a mischief charge in Ottawa.

00:48:00 Yeah, if he would have blown up a bouncy castle, he'd be facing a lot more.

00:48:04 And it's worth pointing out, Grand Prairie, it's only, what, two hours away from Tumblr Ridge.

00:48:08 If you consider Grand Prairie a big place, it's the only big place near Tumblr Ridge.

00:48:15 It's kind of the metro center of gravity for a place like Tumblr Ridge and Peace Country.

00:48:22 Okay, so lots of break topics to end on today. 0.98

00:48:25 It all sucks, Derek. 0.98

00:48:27 Yeah. 1.00

00:48:28 Corey, Dave, Nigel,

00:48:30 John and Production,

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Western Standard - March 05, 2026

War： What is it good for？ Alberta’s budget

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Summary

Transcript