Bill C-69 subjects Canadian energy projects to a level of scrutiny that isn’t applied to imports of foreign oil.
The Trudeau government continues pushing Bill C-69 (an ‘overhaul’ of pipeline regulations) through the Senate.
And it means even more bad news for Canada’s energy industry, already struggling as billions of dollars of investment flee.
In an interview with BNN Bloomberg, former TransCanada CEO Hal Kvisle ripped into the bill, calling it “an absolutely devastating piece of legislation.”
Said Kvisle, “We have got environmental activists that are within the federal government that have put forward a Bill, C-69, for the review and approval of pipeline projects. I don’t think any competent pipeline company would submit an application if Bill C-69 comes into force. [C-69] is an absolutely devastating piece of legislation. Canadians have got to come to grips with what’s going on here.”
Bill C-69 is an incredibly anti-Canadian piece of legislation when you really look at it. It puts Canadian oil under regulatory assessments that aren’t applied to foreign oil imports, which directly weakens Canada and makes us more vulnerable.
And when it comes to reducing our dependence on foreign oil, Kvisle noted that Energy East could be brought back, but not with the current lack of support shown by the government.
“If the government was to come out and say: ‘We are 100 per cent behind Energy East and we want you to go ahead and we want you to do the detailed regulatory work,’ we could see that project go ahead,” Kvisle said.
“But, we need more than just: ‘Why don’t you reapply? And let’s see what happens this time,’” he added. “That’s not going to work anymore. People aren’t going to go ahead under that basis.”
Of course, this all assumes that the Trudeau government wants Canada to be energy independent, which they clearly don’t. They want to bleed our energy industry to death, while putting us ever more at the ‘mercy’ of foreign countries for all our needs – even though we can supply it all ourselves. Bill C-69 is only the latest example of this government’s anti-Canadian agenda.
Photo – YouTube