Pipelines, energy and natural resources

[QV]

No denying that falls completely on Trudeau's shoulders - but its utterly wrong to say that it falls on Carney in any way. In 2024 he was still in the private sector.

Carney was one of Trudeau's economic advisors.

 

[Czech_pivo]

Oh wait, what's this

Trudeau taps Carney for help in crafting COVID-19 recovery plan​

August 11, 2020 EnergyNow Media

Mark Carney, the only person to run two major central banks, is helping Justin Trudeau craft next steps in a plan to pull Canada out of a deep recession sparked by the coronavirus.

Five months after stepping down as Bank of England governor, Carney has become an informal adviser on policy matters with the Canadian prime minister. Trudeau is leaning on the former Goldman Sachs banker as a sounding board for what officials are characterizing as an ambitious economic recovery plan, according to a person familiar with internal policy operations.

The plan will seek to tackle everything from deficiencies in the social safety net to climate change, infrastructure and immigration. The first measures are likely be rolled out in a budget update this fall before a more comprehensive fiscal package early next year, the person said.

Trudeau taps Carney for help in crafting COVID-19 recovery plan - Canadian Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow

Mark Carney, the only person to run two major central banks, is helping Justin Trudeau craft next steps in a plan to pull Canada out of a deep recession sparked by the coronavirus. Five months after stepping down as Bank of England governor, Carney has become an informal adviser on…

energynow.ca

So do we blame Mulroney for 'being tapped' by Trudeau to help guide the CUSMA discussions in the past?

 

[Czech_pivo]

Carney was one of Trudeau's economic advisors.

I understand that. But, there's always a but, unless we know what that the actually meant, meaning; was any advice/guidance asked for, given when asked for and lastly, enacted when asked for and received, its really nothing more than a PR move done by the PM and the PMO.

 

[YZT580]

There is absolutely no doubt that Justin Trudeau was an absolute disaster for the Canadian economy, but the Conservatives really need to pivot their messaging from the past to the present if they want to be seen as a good alternative to the Carney Liberals.

Report tracks capital flight between 2015 and 2024.

Comment from Conservative MP: "This is the record of the Liberal government under Justin Trudeau and Mark Carney".

Mark Carney became leader of the Liberal party in 2025.

Mark Carney was advising Trudeau long before 2024. I am definitely not a Carney fan but he has been saying good things. I say wait and see if government actions match Carney's words and much of that will depend upon what happens with our resource management. Will we see another pipeline? Will we see Churchill development? Will they encourage mineral extraction? Will the laws be changed to facilitate development and encourage investment?

 

[Kirkhill]

So do we blame Mulroney for 'being tapped' by Trudeau to help guide the CUSMA discussions in the past?

Yes.

 

[QV]

I understand that. But, there's always a but, unless we know what that the actually meant, meaning; was any advice/guidance asked for, given when asked for and lastly, enacted when asked for and received, its really nothing more than a PR move done by the PM and the PMO.

Carney attached himself to Trudeau and vice versa. One of the many reasons I was and remain loathe to have any faith in the current government.

 

[MilEME09]

Carney was one of Trudeau's economic advisors.

only regarding covid recovery though, that big spike Q1 2021? yeah thats his advice

 

[Fishbone Jones]

I say wait and see if government actions match Carney's words and much of that will depend upon what happens with our resource management. Will we see another pipeline? Will we see Churchill development? Will they encourage mineral extraction? Will the laws be changed to facilitate development and encourage investment?

Carney has been making feel good noises and promises for the last year. He hasn't accomplished anything in respect to those promises. The only thing that seems to have gained traction is that ridiculous high speed rail. Which is now totally bogged down with accusations of nepotism and conflicts of interest by liberals before there was a shovel in the ground.

 

[MilEME09]

Carney has been making feel good noises and promises for the last year. He hasn't accomplished anything in respect to those promises. The only thing that seems to have gained traction is that ridiculous high speed rail. Which is now totally bogged down with accusations of nepotism and conflicts of interest by liberals before there was a shovel in the ground.

Well ground breaking on the Montreal port expansion was 6 months after being referred to the MPO. It was the project furthest along, id expect to see more this summer

 

[YZT580]

Carney has been making feel good noises and promises for the last year. He hasn't accomplished anything in respect to those promises. The only thing that seems to have gained traction is that ridiculous high speed rail. Which is now totally bogged down with accusations of nepotism and conflicts of interest by liberals before there was a shovel in the ground.

I know and I haven't a lot of faith but maybe, just maybe something good will happen.

 

[YZT580]

Well ground breaking on the Montreal port expansion was 6 months after being referred to the MPO. It was the project furthest along, id expect to see more this summer

hadn't it already basically been approved? The whole thing sounded more like a PR initiative than an actual project to shovels accomplishment

 

[Czech_pivo]

Well ground breaking on the Montreal port expansion was 6 months after being referred to the MPO. It was the project furthest along, id expect to see more this summer

So the announced and moving forward, plans to increase TransMountain to 1.3m barrels/day and the newly announced (that I posted yesterday), 500k barrels/day to the US don’t count for anything in your books.
That will be a 1.83m barrels/day by 2028 increase of Albertan oil being exported.

 

[Infanteer]

Carney has been making feel good noises and promises for the last year. He hasn't accomplished anything in respect to those promises.

Yeah...but not true:

Outcomes Tracker - Build Canada

Track the progress of Canada's government initiatives

www.buildcanada.com

Of 603 commitments, the government has started some sort of action on 474 (78%) of them, while completing 181 (30%) of them. Take issue with what was promised, but saying the current government is doing nothing is not backed by the facts.

 

[MilEME09]

So the announced and moving forward, plans to increase TransMountain to 1.3m barrels/day and the newly announced (that I posted yesterday), 500k barrels/day to the US don’t count for anything in your books.
That will be a 1.83m barrels/day by 2028 increase of Albertan oil being exported.

Im counting whats going to through the MPO for the purposes of this conversation at the moment.

hadn't it already basically been approved? The whole thing sounded more like a PR initiative than an actual project to shovels accomplishment

More fast tracking red tape

In other news Ottawa wants to ship LNG from Churchill by 2030

Ottawa wants LNG to be shipped from Port of Churchill by 2030, Manitoba Premier says

Wab Kinew says the ‘aggressive, ambitious’ target will likely also include a new pipeline to the Hudson Bay region

www.theglobeandmail.com