TERRIBLE: Energy East & Eastern Mainline Projects Terminated

Trudeau’s destructive changes to the National Energy Board have dealt a massive blow to Canadian jobs and Canadian energy independence.

TransCanada has announced that the Energy East Pipeline and Eastern Mainline projects have both been terminated. Here is part of the statement from Russ Girling, President and CEO of TransCanada:

“After careful review of changed circumstances, we will be informing the National Energy Board that we will no longer be proceeding with our Energy East and Eastern Mainline applications. TransCanada will also notify Quebec’s Ministère du Developpement durable, de l’Environnement, et Lutte contre les changements climatiques that it is withdrawing the Energy East project from the environmental review process.

We appreciate and are thankful for the support of labour, business and manufacturing organizations, industry, our customers, Irving Oil, various governments, and the approximately 200 municipalities who passed resolutions in favour of the projects. Most of all, we thank Canadians across the country who contributed towards the development of these initiatives.”

A terrible day for Canada

This is terrible news for our country. The $15.7 billion project would have created good jobs for Canadian workers, and would have helped us at least move closer to ending the absurd situation in which much of Eastern Canada imports oil from overseas (including Saudi Arabia), despite our massive oil reserves in Western Canada.

Now, that’s not going to happen, and our dependence on foreign oil could get even worse.

Make no mistake, this is a direct result of the destructive changes Justin Trudeau made to the National Energy Board, massively increasing regulations to the point where it’s way tougher to get any project approved. And this is all despite the fact that pipelines are by far the safest way to transport oil. Justin Trudeau’s policies have the direct result of weakening Canada’s energy independence, weakening our national strength, and empowering foreign oil producers.

We could have given a big boost to Canada’s energy industry, and helped make Canada more self-reliant. Now, all of that is lost.

And, note the massive contrast between how Trudeau bends over backwards for Bombardier while screwing over Canada’s energy industry. Trudeau should be helping all Canadian industries grow, not picking favorites. Instead, he shows total disloyalty to Western Canada.

Because of Trudeau, tens of billions of dollars worth of energy industry investment have been scrapped, making our nation poorer and far more vulnerable. Leaders are supposed to make their nations stronger, not weaker, but Justin Trudeau clearly has no interest in doing what’s right for Canadians.

He may as well be getting paid by the Saudis and other foreign oil countries for all the damage he’s doing to the Canadian energy industry.

Spencer Fernando

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