Today Canada is just teetering on the boundary
Canada's national debt today is hitting 90% of GDP
Plus a $260 billion bill to clean up Alberta’s oil patch
Canada has one of the World’s lowest oil royalty rate structures .”
The royalties could amount to merely 1 per Cent
Plus Oil giants pay billions less tax in Canada than abroad
Canada subsidized the fossil fuel industry to the tune of almost $60 billion per year— approximately $1,650 per Canadian.
If this does not change Canada will be the next Venezuela
Canada's national debt today is hitting 90% of GDP
Plus a $260 billion bill to clean up Alberta’s oil patch
Canada has one of the World’s lowest oil royalty rate structures .”
The royalties could amount to merely 1 per Cent
Plus Oil giants pay billions less tax in Canada than abroad
Canada subsidized the fossil fuel industry to the tune of almost $60 billion per year— approximately $1,650 per Canadian.
If this does not change Canada will be the next Venezuela
Canada oligopolistic wholesale market has the characteristics of a natural monopoly
Economic cheerleading by federal and provincial politicians and the mainstream media on behalf of the oil industry is doing the public a great disservice.
When the party is over in the oil patch,
Canadian taxpayers may find themselves doing the dishes
Our nation has an employed population of 18.4 million,
Meaning the average working person would have to pony up $14,000 to pay for
Alberta’s special relationship with the oil industry.
Contrary to claims made by
Prime Minister Justin Trudeau
That the pipeline was essential for Canada’s future
Declaring the Trans Mountain pipeline was a matter of national interest
The Trans Mountain pipeline it had nothing to do with
Canadian taxpayers may find themselves doing the dishes
Our nation has an employed population of 18.4 million,
Meaning the average working person would have to pony up $14,000 to pay for
Alberta’s special relationship with the oil industry.
Contrary to claims made by
Prime Minister Justin Trudeau
That the pipeline was essential for Canada’s future
Declaring the Trans Mountain pipeline was a matter of national interest
The Trans Mountain pipeline it had nothing to do with
Asian markets
It has everything to do with enriching U.S.-based refineries.
Because Obama administration announced it was halting construction on the remainder of the Keystone XL pipeline
A 800,000 barrels a day pipeline of crude to
terminals on the Gulf Coast.
Prime Minister Justin Trudeau
Spend C$4.5bn (US$3.45bn) Plus
To purchase
Kinder Morgan’s Trans Mountain Pipeline
not worth much more than $1 billion, It has everything to do with enriching U.S.-based refineries.
Because Obama administration announced it was halting construction on the remainder of the Keystone XL pipeline
A 800,000 barrels a day pipeline of crude to
terminals on the Gulf Coast.
Prime Minister Justin Trudeau
Spend C$4.5bn (US$3.45bn) Plus
To purchase
Kinder Morgan’s Trans Mountain Pipeline
Asia via the existing 300,000 barrel per day pipeline
“Virtually no exports go to any markets other than the U.S.,”
Most of it at a very steep discount.
Why would they paid $4.5 billion for 67-year-old infrastructure
“Virtually no exports go to any markets other than the U.S.,”
Most of it at a very steep discount.
Why would they paid $4.5 billion for 67-year-old infrastructure
When no other private investors would stepped up to take on the risk after 6 years of Looking:
The decade-long saga over the Keystone XL pipeline, which would stretch nearly 1,200 miles from Hardisty, Alberta, to Steele City, Neb., has been full of legal twists.
The Keystone XL, was first proposed in 2008 under
President George W. Bush, would begin in Alberta and go to Nebraska, where it would join with an existing pipeline to shuttle more than 800,000 barrels a day of crude to terminals on the Gulf Coast.
In 2015, on the eve of the international climate talks in Paris,
The Obama administration announced it was halting construction on the remainder of the Keystone XL pipeline,
Arguing approval would compromise America’s effort to reduce its greenhouse gas emissions.
In 2015, on the eve of the international climate talks in Paris,
The Obama administration announced it was halting construction on the remainder of the Keystone XL pipeline,
Arguing approval would compromise America’s effort to reduce its greenhouse gas emissions.
Thank you Donald Trump
Today
Trans Mountain Pipeline can now sit in the Courts forever
Donald Trump issues new permit for Keystone pipeline
Trans Mountain Pipeline can now sit in the Courts forever
Donald Trump issues new permit for Keystone pipeline
Canada now has a 800,000 barrels a day pipe line of crude to terminals on the Gulf Coast
Trump reversed Obama decision soon after taking office in 2017, saying the $8-billion project would boost
American energy and create jobs.
A presidential permit is needed because the project crosses a U.S. border.
When Obama administration announced it was halting construction on the remainder of the Keystone XL pipeline,
Stephen Harper courted the Chinese more aggressively,
Stephen Harper saw Billions in Asian
Remember
Stephen Harper said foreign government-owned companies
Could only buy oil sands companies in
[The Exceptional Circumstances is Billions of Dollars]
[And the Loss of the Keystone XL pipeline]
Stephen Harper signed treaties with China
[And the Loss of the Keystone XL pipeline]
Stephen Harper signed treaties with China
That no other countries would dare sign
They now call Stephen Harper:
Stephen Harper sold
Everything he could sell
It's all because
Everything is a National Security Secret
The Canadian Government Secret treaties are massive giveaways of
Canadian resources and rights with no vote in Parliament.
The Government will not learn they do the exact same thing every time
Now they call it our Chinese oil sands
Nexen could be just the beginning
Prime Minister Stephen Harper once vowed not to sell
Canadian values to the highest bidder and
Bestowed honorary Canadian citizenship on the Dalai Lama,
To China’s chagrin; lately he’s softened his stance
Because.
Now they call it our Chinese oil sands
Nexen could be just the beginning
Prime Minister Stephen Harper once vowed not to sell
Canadian values to the highest bidder and
Bestowed honorary Canadian citizenship on the Dalai Lama,
To China’s chagrin; lately he’s softened his stance
Because.
In January, after the U.S. rejected the Keystone XL crude oil pipeline from the
Alberta oil sands to the U.S. Gulf,
Harper courted the Chinese more aggressively,
Visiting Beijing to discuss oil sales as part of a trade mission.
With the vast majority of Canada’s crude oil going to the U.S.
96% of Canada’s oil exports go to the U.S.
“Virtually no exports go to any markets other than the U.S.,”
Most of it at a very steep discount.
He’s said he’s keen to diversify.
“Virtually no exports go to any markets other than the U.S.,”
Most of it at a very steep discount.
He’s said he’s keen to diversify.
The controversial Northern Gateway pipeline,
If approved, will tap into the surging demand in Asia.
He then sold everything he could sell to China
Today
China is now the biggest investors in the Alberta oil sands
More than two-thirds or 71% of the ownership of oil sands production in
This is what’s pushing everything in
Would you like to know why are
Foreign Chinese investors more important to our
Government than Canadians
Government than Canadians
Because
Our Government has set its sights on becoming
The Government's goal was to establish
Vancouver as the first offshore settlement centre
For the Chinese currency renminbi
also known as RMB or yuan
Clark said the federal government will be instrumental by making the connection
Between the Bank of Canada and People’s Bank of China
Last fall, the B.C. Government also became
The first foreign government to issue bonds in
the Chinese RMB market,
Canada’s banks have mastered the manipulation of clandestine back channels
Around China’s currency control regulations for
the Chinese people
That comes here on a 10-year visa can pull their money
Out of China to buy Homes and send their Children to school
Because you do not want Chinese people
in your rich neighbourhoods
They are the people that have to pay the
Foreign Buyers Housing Tax of 20%
Not the people that are
Trading and Profiting in Properties as Commodities
That is pushing everything in
Canada beyond the reach of Canadiens
Following unprecedented
The industry’s fastest-growing source of capital has stepped back.
Slow approval times for projects and prolonged delays in
Building major export pipelines
“Trans Mountain expansion”, to Vancouver BC
This makes the oil sands look much less attractive
From the perspective of potential Chinese investors.
Because it contains on average some
And results in a high ratio of low-grade Bunker C when refined.
As of 2020, according to industry reports,
U.S. refinery purchases of diluted bitumen for
Ship fuel will begin slowing to an eventual trickle,
Europe will buy none because it has the wrong refinery profile, and
Asian refiners will dedicate new refineries to produce
low-sulphur diesel for Ship fuel.
“Exactly which Asian countries or refiners have signed
long-term contracts
To purchase more Alberta bitumen for decades to come”?.
“Exactly how much have they committed
to pay per barrel delivered?”
Because over 71% of the ownership of oil sands production is foreign own
The National Energy Board didn’t ask,
The answer is no one knows.
Is it time to panic
Prime Minister Justin Trudeau sure did big time
He made
The Trans Mountain pipeline a National Security Issue so
The federal government approved the Trans Mountain Pipeline expansion
More than two-thirds or 71% of the ownership of oil sands production in
Canada is owned by foreign entities
Because the pipeline is now a National Security Issue
It’s in the national interest of Canada
The Oil Sands and Trans Mountain pipeline is now Canada’s National Secret
Justin Trudeau paid $4.5 billion to Kinder Morgan
For their proposed Trans Mountain expansion,
Five Kinder Morgan executives can cash out
The pipeline would triple the capacity of an existing pipeline running between
Canada’s tar sands in Alberta and the coast of British Columbia,
This will cost oil refinery jobs in Canada,
Which is where most employment in the oil industry exists.
Canada has been closing refineries for years now.
The pipeline will only accelerate this trend.
[The Chinese want their workers]
So what’s going on ?
The truth is
25 per cent of Chinese imports are now hamstrung
So what’s going on ?
The truth is
25 per cent of Chinese imports are now hamstrung
China currently relies on just five countries for two-thirds of its oil imports not Canada
Saudi Arabia supplies 15 per cent
While Iran and Venezuela combined have historically accounted for another 10 per cent.
Saudi Arabia’s abilities are now in question and supplies from the latter two countries have been interrupted by sanctions and,
In the case of Venezuela, economic collapse.
Why did Trudeau buy the Pipe line ?
It was the loss of 800,000 barrels a day pipline
The Keystone XL pipeline to the Gulf Coast.
Why is Trudeau so desperate
Why is Trudeau so desperate
In 2016, Stephen Harper Government began negotiating
A free trade agreement with China.
At the time, the Globe and Mail reported,
Canadian concessions on investment restrictions and a commitment to build an
Energy pipeline to the coast”.
So the logic to
Trudeau’s action may lie in an obscure and often overlooked agreement
That was signed by Stephen Harper
He's trying to
“Protect and promote”
Not Canadians
Called the Canada-China Foreign Investment Promotion and Protection
“Protect and promote”
Foreign investment
Called the Canada-China Foreign Investment Promotion and Protection
[FIPA] is not a free trade agreement
But rather a bilateral agreement intended to
“Protect and promote” foreign investment
It was passed without a vote in Parliament.
[Fipa] which remains in place until 2045,
It was signed to ensure that China got a pipeline built
Among many other benefits.
Maybe this is why Trudeau had to buy
A pipeline to the coast that one wants today
That will not raise bitumen prices,
Because of all global markets
Discount junk crude due to its poor quality.
“Oil price and supply evidence continues to clearly show there is
No economic case for the Trans Mountain expansion project.
The pipeline plus tanker toll to northeast Asia
is over $8 US. Per barrel,
Since it costs more to ship bitumen to Asia
Canadian producers would actually receive less for their oil using
The Trans Mountain pipeline
The Oil Sands and Trans Mountain pipeline is
Canada’s National Secret and it’s still today
When Prime Minister Justin Trudeau was running for office
He said vote for me I’m going to stop the pipeline
Everyone in Canada believed him
He did not know about
[Fipa] or NAFTA
Maybe this is the reason why Justin Trudeau made
The Trans Mountain pipeline a National Security Issue
Now Trudeau will now have to live with the political fallout,
In what might be a strategy to avoid lawsuits from Chinese companies
That may result in massive secret payouts,
The truth is
If the pipeline is such a good deal and is so important to China
China being the biggest investors in the Alberta oil sands
Why didn’t the Chinese buy the pipeline
They had [ Fipa ] which remains in place until 2045,
It was signed to ensure that China got a pipeline built
Or maybe because the original route is 67 years old
It’s 20 year’s over it’s prime
it’s 1150 km long and the pipeline leaks badly
Trudeau’s government will spend C$4.5bn (US$3.45bn)
To purchase
Kinder Morgan’s Trans Mountain pipeline.
Then they have to spend another 6 billion at lease to build the pipeline
Because of the government's plan to include indemnity payments to any
Future buyer to compensate for delays caused by court procedures,
Unresolved federal, B.C. jurisdiction questions and unforeseen events."
“Trudeau is gambling billions of Canadian taxpayer dollars
On an oil project that they say will never be built – a project that
Kinder Morgan itself has indicated the pipeline is ‘untenable’
They tried everything for 6 years to get the money to build it and they failed
Kinder Morgan made more money selling the pipeline to Canada
It estimates the company will make a 637-per-cent gain on the $4.5-billion sale.
Prime Minister Justin Trudeau
Now faces more than a dozen lawsuits, crumbling economics,
And a growing resistance movement that is spreading around the world,
Like David Hughes, a former federal government energy researcher,
Concluded that Canada does not need the Kinder Morgan project
For Prime Minister Justin Trudeau
It’s mentally ill to try to build a pipeline in Canada
There wasn’t a kilometre of pipe built in Canada
That’s the record. That’s the reality. said
Natural Resources Minister Jim Carr, Feb. 3, 2015.
Canada has to build a new pipeline
Kinder Morgan to restart construction on
Or
Is this a strategy to avoid lawsuits from the
Chinese companies and Kinder Morgan
Maybe this is another reason for the buyout
If the pipeline isn’t built on terms Kinder Morgan likes,
“the Houston-based company could go on the offensive
To try to recoup billions of dollars.
Kinder Morgan would likely use NAFTA,
Chapter 11 of the agreement allows foreign companies to
they have investments and believe a government action
Is unfair and discriminatory,”
We have the perfect chance, thanks to Donald J. Trump.
Obviously, it’s time to get the heck out of NAFTA!”
Why Because
[NAFTA is killing Canada]
Just look at this deal with Kinder Morgan plus
We sold everything to China to get away from the USA.
Maybe you will find that
Donald J. Trump wants out of NAFTA to
It’s a huge pipeline for China into the USA through Canada
If the Kinder Morgan’s Trans Mountain pipeline is not build
Canada could face lawsuits from Chinese companies and Kinder Morgan
If the Kinder Morgan’s Trans Mountain pipeline. is build by Kinder Morgan
We would face a lawsuit from Kinder Morgan
Either way it will cost billions of Canadian taxpayer dollars
Today if we are really-really lucky it will only cost
20 billion dollars to build a new pipeline and
Because the old pipeline leaks it will have to be fixed
Experts now say the timeline for the pipeline’s completion
Could be pushed back by as much two more years,
With over 1,000 permits unresolved,
hearings yet to be conducted.
China being the biggest investors in the Alberta oil sands
This means the Chinese oil companies can Sue Canada
Canada-China Foreign Investment Promotion and Protection Agreement
That was signed by Stephen Harper
The details of the agreement were kept secret
Until the deal was tabled in
Parliament on Sept. 26. after it was the law
Several countries have already faced stiff punishment under such treaties
Under heavy scrutiny from opposition parties and critics alike
No one wanted this deal
Stephen Harper would have signed anything the Chinese gave him
He knew China was fast becoming the World’s No. 1 Economy?
Canada could make Billions dealing with the Chinese
Now every Canadian will pay for it for years to come
This is why it has been shrouded in secrecy,
And nobody will talk about it even today
This agreement states
Chinese companies investing heavily in Canadian energy
Will be able to seek billions in
Compensation if their projects are hampered by provincial laws on issues
Such as environmental concerns or First Nations rights, for example.
Because “this very powerful arbitration process operates outside of the
Canadian legal system and Canadian courts.”
Canada will never know it’s being sued until the bill is given to them
China being the biggest investors in the Alberta oil sands
This means China can get back all its investment in the Alberta oil sands
Canadians can lose Billions
Canada will still be locked in to [ Fipa ] until 2045
Our oil will be Shipped to China for a Very Cheap Price until 2045
Because
All global markets discount junk crude due to its poor quality.
There is room for Canadian crude in American refineries,
Which are running at a 13-year high of more than 90 per cent of capacity,
“The average price differential in 2018 based on the first quarter
Was US$26.30 per barrel
Since it costs more to ship bitumen to Asia
The pipeline plus tanker toll to northeast Asia is over US $8 per barrel,
Canadian producers would actually receive less for their oil
Using Trans Mountain,
Which means a lot less money for Canadiens
Canada now has a 800,000 barrels a day pipe line of crude to terminals on the Gulf Coast
Which means a lot less money for Canadiens
Canada now has a 800,000 barrels a day pipe line of crude to terminals on the Gulf Coast
Trump reversed Obama decision soon after taking office in 2017, saying the $8-billion project would boost
American energy and create jobs.
A presidential permit is needed because the project crosses a U.S. border.
Trans Mountain Pipeline can now sit in the courts forever
A presidential permit is needed because the project crosses a U.S. border.
Trans Mountain Pipeline can now sit in the courts forever
Thank you Donald Trump