Letters to the editor, May 20: ‘Not clear why Canadians … would invest in another pipeline for a province threatening to separate and led by a Premier who seems intent on paving the way for this to happen’
Letters to the editor, May 20: ‘Not clear why Canadians … would invest in another pipeline for a province threatening to separate and led by a Premier who seems intent on paving the way for this to happen’
Well, if Alberta separates – which it won’t but just suppose – we have the pipeline and double the fees for using it. Or triple or whatever.
Ordinary_Narwhal_516 on
Well guess what we can nix pretty quickly if they choose to separate?
It’s not like oil will start running through the pipeline tomorrow.
902s on
Also all this take has given an awful lot of attention to just one province. This may create a copy cat scenario from other provinces
dureian on
After massive delays, supply chain issues, and B.C. floods, the last AB pipeline the feds built increased from an initial estimate of $7.4B to a final price tag of $34.2 billion. Taxpayers will almost certainly never get this money back. By law, Trans Mountain can’t charge oil companies high enough toll rates to recoup the $34B cost. The actual market value of the pipeline is way lower than what was spent, meaning the rest of Canada will take a $15B to $18B loss when they eventually sell it. Meanwhile, Alberta gets to reap the concentrated economic rewards of a world-class export route without its provincial taxpayers having to foot the massive bill for the overruns while loudly complaining that Ottawa never helps them AND stoking separatist sentiment.
Individual_Step2242 on
It always amuses me when separatists forget that even after separation they’ll still have to negotiate with the federal government for things like this. And it would be a potentially hostile federal government not inclined to do any favours for a separate Alberta.
Same thing here in Quebec. Does the PQ think having an agreement over Churchill Falls or the St. Lawrence seaway will be easy if Quebec separates?
Separatists are hallucinating. I’d like some of what they smoke…
5 Comments
Well, if Alberta separates – which it won’t but just suppose – we have the pipeline and double the fees for using it. Or triple or whatever.
Well guess what we can nix pretty quickly if they choose to separate?
It’s not like oil will start running through the pipeline tomorrow.
Also all this take has given an awful lot of attention to just one province. This may create a copy cat scenario from other provinces
After massive delays, supply chain issues, and B.C. floods, the last AB pipeline the feds built increased from an initial estimate of $7.4B to a final price tag of $34.2 billion. Taxpayers will almost certainly never get this money back. By law, Trans Mountain can’t charge oil companies high enough toll rates to recoup the $34B cost. The actual market value of the pipeline is way lower than what was spent, meaning the rest of Canada will take a $15B to $18B loss when they eventually sell it. Meanwhile, Alberta gets to reap the concentrated economic rewards of a world-class export route without its provincial taxpayers having to foot the massive bill for the overruns while loudly complaining that Ottawa never helps them AND stoking separatist sentiment.
It always amuses me when separatists forget that even after separation they’ll still have to negotiate with the federal government for things like this. And it would be a potentially hostile federal government not inclined to do any favours for a separate Alberta.
Same thing here in Quebec. Does the PQ think having an agreement over Churchill Falls or the St. Lawrence seaway will be easy if Quebec separates?
Separatists are hallucinating. I’d like some of what they smoke…