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Pipelines, energy and natural resources

  • Thread starter Thread starter QV
  • Start date Start date
Spilled the beans ahead of Friday. Hopefully more details tomorrow.


BC be like...

Season 6 What GIF by The Office
 
Presser just started, Smith seems giddy. It even sounds like she may be leaving the separatists hanging out to dry because she mentioned respecting constitutional rights and respecting the need to consult first nations.
 
Alberta will submit a pipeline proposal by July 1st, to which the federal government will designate as a project of national interest by October 1st. Construction could start as early as September 2027.

Carney, Smith reach energy agreement that could see pipeline construction start in 2027


CTV reporting as well, so we have essentially a pre green lit project with no backing from the private sector. I think both Smith and Carney hope jumping this may spur investment into it. Once again ball is in Smiths court to actually get this done now.

 
CTV reporting as well, so we have essentially a pre green lit project with no backing from the private sector. I think both Smith and Carney hope jumping this may spur investment into it. Once again ball is in Smiths court to actually get this done now.

ball is in Carney's court. There are two issues he has to reverse: the size of the tanker and the industrial carbon levy. Building parallel to Transmountain would add to the congestion in Vancouver harbour and that is the only route open with the constraints on tanker size in the north unless they can lay a pipeline out beyond the restricted zone
 
ball is in Carney's court. There are two issues he has to reverse: the size of the tanker and the industrial carbon levy. Building parallel to Transmountain would add to the congestion in Vancouver harbour and that is the only route open with the constraints on tanker size in the north unless they can lay a pipeline out beyond the restricted zone
Tanker size is a flick of a pen, there is already a exemption mechanism built into existing laws. Just takes a ministerial order. The industrial carbon tax is a non issue, its been estimated it adds 9 cents to a barrel of oil. Thats peanuts on the dollar to companies.
 
Tanker size is a flick of a pen, there is already a exemption mechanism built into existing laws. Just takes a ministerial order. The industrial carbon tax is a non issue, its been estimated it adds 9 cents to a barrel of oil. Thats peanuts on the dollar to companies.

Wait and see what happens on May 26th ;)


Ottawa should scrap unnecessary offshore tanker ban for sake of Canada’s economy​


On May 26, a private member’s bill (C-264) is up for debate in the House of Commons. The bill is short and sweet, with a single proposed action: “The Oil Tanker Moratorium Act, chapter 26 of the Statutes of Canada, 2019, is repealed.” That’s it, the whole shebang.

Of course, compared to any kind of transport—tankers, pipelines, railways, highways—private member bills tend to go nowhere fast. But this bill—to repeal the federal government’s tanker ban—is worthy of greater consideration given its importance to Canada’s economy.

The biggest reason to repeal the ban is that there was never a legitimate reason for it in the first place. Oil, fuel and large vessels with large fuel tanks have been transiting the waters of northern British Columbia, moving to and from Alaska to the U.S. mainland and points farther south for many decades, with great safety.

As we noted in a study published by the Fraser Institute in 2017 (just a couple of years before the Trudeau government enacted the tanker ban), there has not been a single major spill from oil tankers or other vessels in Canadian waters, east coast or west, since the mid-1990s (and that was a fuel leak, not an oil spill). There have been a few smaller fuel and oil spills, but nothing large or damaging by international standards.

And according to a study by the federal government, a major spill of more than 10,000 tonnes is likely to occur once every 242 years. Likewise, a spill of 100 to 1,000 tonnes is expected to occur once every 69.2 years. And the history of oil transport off of Canada’s coasts is one of incredible safety, whether the transport is of Canadian or foreign origin.

That’s why the tanker ban (officially known as Bill C-48) was actually never about environmental protection. It was about stopping pipelines. Back then, the target was the Trans Mountain Expansion pipeline project—now, it’s a potential million-barrel-per-day pipeline from Alberta to B.C. Indeed, under the Memorandum of Understanding (MOU) signed last November by Prime Minister Mark Carney and Alberta Premier Danielle Smith, the new pipeline would allow Canadian oil to be exported to Asia and points west, breaking the buyer’s monopoly currently enjoyed (but increasingly unneeded) by the United States. This is, in theory at least, in line with the prime minister’s stated preference for the diversification of Canadian trade.


 
I've worked in forest sector businesses that generated more than $12 million in product a week. This is less than a drop in the ocean, of course, and you can bet that the ones who will benefit won't be 'Joe Six Pack' in Prince George ...

Federal government invests $12-million in B.C. forestry sector​


The federal government has announced it is investing about $12 million in British Columbia’s forestry sector, days after other tariff-hit Canadian industries were offered $1.5 billion in support.
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Energy Minister Tim Hodgson made the announcement at Terminal Forest Products, a sawmill in Richmond, B.C., on Thursday.

Hodgson says the funding will prioritize 14 projects that use low-carbon wood technology, expand the use of mass timber in construction, or are Indigenous operated.

 
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