Canadian Prime Minister Makes it Clear That He Wants to Phase out the Oil Sands: Trudeau says $1.7B coming for orphaned well cleanups, Steven Guilbeault will be in charge of who gets what money – April 17, 2020,
Justin Trudeau is clearly becoming one of the most wasteful Prime Ministers possibly in world history after he basically sends a mixed message to the Bank of Canada to prop up energy prices while at the same time making it clear that he wants to phase out the Alberta oil patch.
In the article you can read below, Trudeau’s position couldn’t be more clear. Most of us knew this already, but why waste all that money playing politics? Unbelievable what’s done and the ramifications for the Canadian economy, which is presently leaderless as it relates to the future.
Even the Leftists in America devised a “Green New deal” sure it’s a bad deal, but they understood the importance of economics when they drafted it. In Canada, I’m not sure if Trudeau is an idiot, ignorant or is being financed by foreign Globalists, but man oh man, I don’t I pray for my country through this period, cleaning up and with no plans for a replacement?
The plan to clean up inactive wells will maintain an estimated 5,200 jobs in Alberta alone, Trudeau said.
The federal government is also creating a $750-million fund to cut methane emissions.
He adds that the government is going to provide $962 million to regional development agencies to help more businesses, particularly those that don’t have relationships with traditional financial institutions.
And he’s promising hundreds of millions of dollars in support for the arts and culture industries through the Department of Canadian Heritage.
Trudeau says $1.7B coming for orphaned-well cleanups | 660citynews.com
Any time you hear the words Court Challenges Program you’re talking about the CBC, the Canadian Race Relations Foundation, Court Challenges Program and the list goes on and on and on. Although I can’t confirm it, the Department of Canadian Heritage is also linked to financing the entities with ties to the Chinese Communist Party.
As an investor, I watch the Department of Canadian Heritage very closely as I find that their mission is easily corruptable as more and more charities and organizations are able to use the Department of Canadian Heritage as a means to destroy Canada’s private sector.
Steven Guilbeault is an environmentalist, let’s make this clear, he’s known for his involvement with Greenpeace, now if you know anything about Greenpeace, one of their mottos is that they’re an independent organization that does not take money from corporations or governments! So, I hope you’re comprehending the connection between Steven Guilbeault becoming a POLITICIAN!
There are a lot of environmentalists who as they age comprehend how the free market can actually be more beneficial to the environment than Government, but then there are environmentalists who take the opposite approach, not comprehending the limitations of any government, some environmentalists assume that the government can simply do a little bit of ticketing here and there and wham bam environmental problems solved.
Some environmentalists believe that a Marxist approach to the economy is the best road forward for mother earth, I want to warn the reader that this has tried in other countries and actually accelerated the damage not only to the economy but to the climate as individuals start to become desperate.
Impoverished people don’t think rationally about things, I really don’t want to comment further on this, because I don’t know how else frame this other than doom and gloom. So what I’ll say is if you put trust in your government don’t worry everything is fine, the rest of you, I recommend that you prepare yourselves accordingly. Government productivity differs from market productivity, the wells are dominant not because people don’t want to work but because Albertans can not work via Justin Trudeau’s government decree.
In market terms, you should by now be seeing that your Canadian dividend-paying energy investments even after being propped up by stimulus are now declining, I genuinely have never seen this type of incompetence and wasteful spending ever in Canada. I’ll stop writing in fear of sounding too negative. Prepare yourselves Canada!
Interesting times ahead!