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Canadian industry prefers small profitable fiefdoms to international market share.
Always has been, always will be.
Pipelines, energy and natural resources
- Thread starter QV
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Always has been, always will be.
MilEME09
Army.ca Fixture
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In hind sight, I wonder if we would have a much different playing field if petrocan was still a crown corporation. If it was i bet TMX would be owned by them today
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Oh, 100 percent. It's why privatization doesn't always work and why Crown Corps still serve a very important function.
Crown corps can tolerate risk, as the government will always backstop them. Private industry...no.
This may be outside the perview of this thread, but in the grand scale of Canadian Companies, which one has successfully pursued global expansion as opposed to being fat and happy within the Canadian economic space? Couche Tard and Brookfield? Telling that the guy who rans one of those is the guy running the country now, with a international focus.
Back to pipelines, if Oil and Gas companies have most reasonable restraints removed from them and still wont fund or invest in a pipeline, just toss them onto the pile of Loblaws, the big banks, and Weston as corporations that grow fat, lazy and happy with zero interest in expanding outside of Canada.
We need more McCains.
TD, BMO, RBC, and CIBC all have significant U.S. subsidiaries.
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TD has more branches in the US than in Canada.
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Scotiabank has a very large footprint in the Caribbean, Mexico and Central/South America.
For certain the golden child in non-North American expansion.
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Step 1 Give away free gas to AI centers
Step 2 Tax waste CO2
Step 3 Use CO2 taxes to build oil pipeline.
Step 4 Use waste heat from Data centers to heat communities and reduce the viscosity of the oil in the pipeline.
Business will buy in when the project is derisked.
Step 2 Tax waste CO2
Step 3 Use CO2 taxes to build oil pipeline.
Step 4 Use waste heat from Data centers to heat communities and reduce the viscosity of the oil in the pipeline.
Business will buy in when the project is derisked.
And environmental roadblocks, BC government added requirements along with the Federal government added more requirements. Don't forget the City of Burnaby's permits. Magically all got approved or set aside after the fact.
They actually did things properly. Were in the final stages of full project approval. Parts of the project had already started with the bulk of work waiting on the final sign off from the various levels of governments. Who added and changed the process at the final stages.
They controlled the courts, through regulations. No surprise there.
What back end did they have to build. The entire project was approved except for a few final approvals. The pipe was already ordered, much of it delivered contracts were already signed. Final sign off magically got approved once the government stepped in, the very ones who put the road blocks up.
LOL, you mean the project that has been on the books since 2013. That's pretty funny.
Private projects should not become public infrastructure. That is what we would call socialism.
HavokFour
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Oh, what could this be?
Carney, Eby to announce 'multi-billion-dollar' agreement ahead of Alberta's pipeline update
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any northern pipeline will have to terminate in Alaska and if by doing that they can bypass the first nations on the coast who oppose it, that is where it will go and the profits from the shipping and handling will not go to B.C. Carney is playing both sides and this is not a fence he should be straddling.
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We could wait until later today when he and Premier Smith make a oil pipeline related announcement, but let’s just say a Northern routed pipeline isn’t in the announcement based on today’s earlier Fed agreement with BC, why isn’t a twin to TMX in the art of the possible? Pretty sure sending another pipeline into the U.S. isn’t in the cards at the moment.
Looks like a lot of announcements coming today for energy and other B.C. infrastructure. My day’s been a blur so I’m not caught up, but Heather Exner-Pirot has a couple lists going.
The pipeline will probably be TransMountain 3: The Chonkening, and may extend to Roberts Banks Terminal in Delta rather than Burrard inlet. That probably matters for tanker size.
The pipeline will probably be TransMountain 3: The Chonkening, and may extend to Roberts Banks Terminal in Delta rather than Burrard inlet. That probably matters for tanker size.
HavokFour
Army.ca Veteran
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Eby also said this.
G&M is reporting that Alberta's proposal will be the southern route.
Alberta to propose southern route for new West Coast pipeline, sources say
A northern route would have required changes to the federal tanker ban along B.C.’s northwestern coast, which is considered a non-starter by the province’s government
www.theglobeandmail.com
I think we're about to be full speed ahead on a pipeline.
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Would be happy if it’s a 1.5m bpd pipeline. Add in the soon to be 1.3 on TransMountain and a 2.8m route to Asia is a solid win for the entire country.Eby also said this.
G&M is reporting that Alberta's proposal will be the southern route.
ArchiveAlberta to propose southern route for new West Coast pipeline, sources say
A northern route would have required changes to the federal tanker ban along B.C.’s northwestern coast, which is considered a non-starter by the province’s government
I think we're about to be full speed ahead on a pipeline.
my reply has been supplanted by events. I like Eby's confirmation that his government will not be joining in on any court cases. Will the First Nations on the southern route back off as well? Last time I was in VR the harbour was packed solid so my next question is: Is there adequate room for more tankers? They are seriously big ships.
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Toss in a potential pipeline to Churchill and we are cooking with....oil and gas.
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