"While Canada is a net exporter of energy and is dealing from a basic position of strength, the chink in our armour is our dependence on
imported oil."
What Kenney wants to create is, "an opportunity for all Canadians to participate in the energy industry; particularly oil and gas, and to share in the benefits of its expansion," it seems.
In addition to incentives for the oil sands production, "the government is also prepared to offer incentive prices for enhanced oil recovery and for upgraded heavy oil."
"The government remains committed, to providing strong incentives to the industry. The orientation of the incentive regime will be changed in a way which will encourage Canadians to participate more fully in this country's oil and gas future." This is great stuff...
"As a matter of national priority, the government will ensure that the pipeline system is extended beyond Montreal to Quebec City and the Maritimes." Truly nation-building stuff here, wouldn't you say?
"Taken together, these measures will enhance Canada's energy security by ending our reliance on imported supplies," and ensure that "all Canadians have an opportunity to participate in the development of Canada's energy resources." Wow.
None of this quotes @jkenney. These quotes are all taken from the 1980 speech of the Hon. Allan J. MacEachen, Deputy Prime Minister and Minister of Finance and Member of Parliament for Cape Breton Highlands-Canso from October 28, 1980 introducing the NEP. #ABLeg #cdnpoli

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More from @andrew_leach

15 Sep
So, after more than a year, and millions of dollars of Alberta government dollars, than Allan inquiry has determined that he doesn't have the time or the resources to fact-check people who say mean things about Alberta oil? What is the point of this waste of money? #ableg
And, on the 14th of September, a few weeks before the extended deadline for his over-budget report, Allan allows that he may exchange written correspondence with Alberta's supposed enemies? Allan's inquiry makes Olsen's war room look like a finely-tuned machine. #ableg.
What did he spend the millions of dollars on? Why is he months late? Why won't he challenge Alberta's enemies to defend their positions in a public inquiry? Why won't he check their facts. Are there to be no hangings? I am sure I was promised hangings.
Read 5 tweets
3 Sep
The costs of the North West / Sturgeon Refinery have ballooned to over $10 billion. The net loss to the Government of Alberta on contracts related to that refinery is currently estimated at $2.5 billion. Here's what North West CEO Ian McGregor said about cost overruns in 2014:
But, here's the real kicker: CNRL's Murray Edwards telling everyone that then-Minister Ted Morton was wrong and that all of these cost over-run risks would fall on the refinery, not the government.
Ever word of this 2015 piece from Ted Morton has played out in Alberta's fiscal update this past week. The refinery more than doubled it's budget, it was years late, and guess who ended up on the hook? You.

Read 5 tweets
28 Aug
Remember how mad you were about $1+ billion going to bail out Bombardier after the C-Series debacle? What if I told you that the Alberta government had bailed out a company facing massive cost overruns to the tune of 4x that much money? #ableg It gets worse.
What if I told you that a Crown Corporation loaned money to the company in question so that they could meet the 'equity' portion of their commitment under a contract with the government, effectively allowing them to increase their leverage on the project? 2/
Now, what if I told you that the company has a contract with the government that allows it to flow through operating costs (subject to some collars) to the government, that it takes no risks if the government loses money on the contract, but it shares in profits if it does well?
Read 5 tweets
27 Aug
It's a good time to remind you all that things in Alberta were looking bad before January, 2020. A competent and honest government would level with Albertans about this reality. The question is whether your government will do so. And yes, I have receipts. 1/N #ableg
I shall first remind you of this thread, and the evidence that was clearly showing a darkening economic outlook in Alberta.
Now, let's also remember that, in terms of 2019 results, Alberta's were the worst in Canada. Alberta's economic growth was negative in 2019. That's not the result of a pandemic, or a price war between Russia and Saudi Arabia.


Read 6 tweets
23 Jul
So, imagine you're the @CDNEnergyCentre and your mandate is to make sure that "true facts" about our province's oil and gas sector are out there in conversion. But, you really don't want to do much original work because you've only got a $30m per year budget...
So, you surf on over to NRCan where, it turns out, the federal government already does some of this work so you can just freeload on that. They have a helpful facts box, even, and since you're looking for facts, that's really helpful.
Now, since you 'know' that energy and oil and gas are basically synonymous, you take some of this information and start to make your own graphics, like this sharp number here. $30m per year, remember.
Read 6 tweets
22 Jul
If we're going to keep the stats in mind, make sure you take a look at these stats from @zorinaq using Florida data. You can see the progression from young people to those about whom you're very concerned. Our vulnerable people don't live in bubbles.

@zorinaq Or, alternatively, this one which uses raw case counts. It's almost as though there is some form of transmission mechanism whereby the cases move from the younger population to the older population.

Read 6 tweets

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