this post was submitted on 18 Jul 2025
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"love blocking pipelines"
Funny, I view Canada as very pipeline friendly, considering we just bought a extremely expensive one to ship oil through BC.
Well no see that misses the nuance, they created a regulatory environment that made Kinder Morgan drop out, then to avoid the bad press around Canada being uninvestable they had to buy it. Then they had massive cost overruns and are now talking about gifting it to indigenous people to avoid disclosing what a money sink it has been.
Wait, I'm confused.
Did they block the pipeline, or spend billions buying and completing it. Can't be both.
Kinder Morgan left due to our laws preventing development. They didn't want to be blamed for causing capital flight so they bought the pipeline to prevent bad press. We had the 2nd last performance in the 38 countries of the OECD in per capita GDP growth since 2015. We take our standard of living for granted and if Carney didn't come in the Liberals would have been wiped out.