Since 2015, when Justin Trudeau became prime minister, Canada has cancelled pipelines and resource projects worth a staggering amount.
One observer, Canada Action, calculates the lost opportunities as worth $670 billion.
Our Resource Works CEO, Stewart Muir, notes in his latest Power Struggle podcast that when Ottawa spiked those opportunities “it was obvious that foregone pipeline projects would eventually cost us dearly.”
And he adds: “Canada’s exposure to U.S. tariff harms today is the direct result of those bad choices.”
As he says (from Leduc AB, where Canada’s oil industry began) oil is Canada’s most valuable export.
Even after 158 years as a nation. we’re vulnerable.
“We’re still an economic colony, not of Britain like we once were, but of the United States.”
And Canada’s exposure to U.S. tariffs today is the direct result of Ottawa’s bad choices.
“The fallout could be brutal. Think layoffs, a massive hit to national income, and even more financial strain on Ottawa.”
It could be very different: Canada could be a key player in a North American energy strategy.
Watch this latest (14th) episode of Power Struggle here: https://ow.ly/swTJ50UJ8LB
And watch previous episodes here: https://ow.ly/pBM850UJ8LU
