Friday, March 05, 2021

It's Just An Economy

Everything is easy when it's not your money:

Canada will take whatever measures are needed to keep the Line 5 oil pipeline open, Natural Resources Minister Seamus O’Regan said on Thursday, as the deadline for a shutdown order from the U.S. state of Michigan looms.

Michigan last November ordered pipeline owner Enbridge Inc to shut down Line 5, which ships 540,000 barrels a day of crude oil and propane from Canada, in May because of concerns the 68-year-old pipeline could leak into the Great Lakes.

Rather, this could screw Ontario and Quebec, not Alberta.

**

Cabinet will consider subsidizing any green project, “anything really” that appears feasible, Natural Resources Minister Seamus O’Regan said yesterday. His remarks followed federal auditors’ complaints of difficulty in tracking actual costs and benefits of green subsidies: “We’re willing to look at anything really, you know, if it seems like it’s a good idea.”

**

Senate Speaker George Furey hosted a VIP salon supper for three Liberal-appointed senators the same day the Prime Minister lamented “difficult lessons about inequality” in a speech to the United Nations. The meal was catered from a French restaurant that sells $13 Martinis: “There are still tough times ahead.”

**

The federal government’s chief trade negotiator is concerned that Canada could be shut out of U.S. President Joe Biden’s trillion-dollar infrastructure spending plans, the latest sign of continued anxieties over America’s protectionist trade policies.

Congress last week approved Biden’s massive $1.9-trillion COVID-19 relief package, composed in part of infrastructure spending measures aimed at rebuilding U.S. roads and bridges and expanding zero-emission public transit and electric-car infrastructure.



No comments: