May 30, 2018

Trudeau's pipeline plan doesn't cover Trans Mountain's expansion

Ezra LevantRebel Commander

On last night's show, I explained why Justin Trudeau's $4.5B pipeline plan is the worst business deal in Canadian history.

It forces Canadians to pay a Texas oil company billions that they didn't even want, currently the price tag is $4.5B but it will likely go up to $12B and maybe even more.

Trudeau's scheme doesn't even cover the fundamental problem of getting the expansion built, Trudeau only purchased the existing pipeline. 

Trudeau's Finance Minister Bill Morneau failed to respond when asked how the government would deal with the eco-extremists illegally holding up construction.

Are we certain investors want to spend billions on a project with so much uncertainty?

Comments
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commented 2018-05-30 20:25:02 -0400
After being mute for months & months, Trudeau & Mourneau finally woke up & are now singing the praises of this pipeline. They had better not be counting their chickens before they’re hatched. It will be interesting watching them deal with the protesters, something they don’t seem to be concerned with or find problematic, now that they did the purchase,so how come they couldn’t resolve this issue that plagued KM & which eventually led to this outcome?
commented 2018-05-30 18:52:22 -0400
To keep up with his peers in the “oil bidness” our newly minted oil executive will be doing a lot of jetting in private to check out his investment. Unfortunately, as newly minted shareholders, We The People will be picking up the tab for his travel. No better way to turn OFF foreign investment in Canada than by nationalizing a free-enterprise player in the natural resource sector. Marx and Engels would be proud of Justin and his comrades. At the prior day’s market close the market capitalization of all shares of KML was $1.7 billion but the Libtards felt no pain in offering $4.5 since it was OUR MONEY. But not to worry…. there is a plan afoot. Last week the Feds blew a smoke screen by turning down a takeover of Aecon by the Chinese. Here’s the end game. In late July an “unexpected offer” from the new Infrastructure Bank created by China and their friends in Ottawa will surface to save the day. Things will get very ugly as the people see another foreign power ( with far less scruples than Americans ) exploit our resources to their advantage, not ours.
commented 2018-05-30 18:11:28 -0400
The finance minister keeps saying they have groups coming forward to buy to pipeline. The only ones coming forward have been the Indians. Looks like the sap taxpayer in the country are going buy the Indians a pipeline.
commented 2018-05-30 16:51:07 -0400
More Lieberal non answers. Why? Because there is no “National Interest” here. This is another Adscam type scheme to enrich Lieberals and make it look like Jihadi Justin is actually doing something. Taxpayers be damned!
commented 2018-05-30 14:01:53 -0400
Canadian Patriot , Just think.We might have another creepy Marxist Government in Ontario next week. Hard to believe that public sector unions are supporting NDP after they have witnessed the disaster Notley has created in Alberta for the working folks.
commented 2018-05-30 12:49:39 -0400
Under Section 92A of the Canadian Constitution, Notley could have easily stopped the nationalization of the pipeline. Instead, she chose to engage in treasonous back room deals with Trudeau’s government. In addition, she could have taken British Columbia to the Supreme Court for violating Section 121 of the BNA Act, for blocking Alberta’s trade. She neglected to do that as well. Notley is a lawyer who knows better.

The blame squarely falls on Notley’s shoulders.

The 39% of Albertans who voted for the Che Guevara, Hugo Chavez loving Commie should be greatly ashamed of themselves. Their complete ignorance has destroyed Alberta.
commented 2018-05-30 11:49:44 -0400
Great, now the regressives have stranglehold on Alberta. They must be giddy.
commented 2018-05-30 11:49:17 -0400
Even Smilin’ Andy Scheer has come out of hiding from underneath his desk and engaged the media in an energetic scrum. Go figure.
commented 2018-05-30 11:42:03 -0400
I can’t believe it. It actually seems that the Boy Blunder has actually managed to piss off everyone from left to right. Wow, that’s saying something, even for him.