Latest / Radio Baloney - The Richie Baloney Show! / Carney Scamming Canada With False Pipeline Hope

Transcript

Carney Scamming Canada With False Pipeline Hope · Radio Baloney - The Richie Baloney Show!

• 0:03
  Speaker 1: So a German reporter asks Carnee, what Canada can actually
• 0:07
  Speaker 1: provide to Germany in terms of energy given its lack
• 0:10
  Speaker 1: of pipelines and an adequate east coast port. Well, we
• 0:15
  Speaker 1: had this news come in today, Prime Minister Beck's plans
• 0:18
  Speaker 1: to redevelop Northern Manitoba's port of Churchill. So this is
• 0:24
  Speaker 1: a way to get natural gas LNG to Europe. A
• 0:30
  Speaker 1: list of upcoming federal government projects could include newport infrastructure
• 0:34
  Speaker 1: at Churchill, Manitoba. Prime Minister Mark Kearney said Tuesday, he's
• 0:39
  Speaker 1: talking about Carnee is talking about half a trillion dollars
• 0:43
  Speaker 1: on infrastructure projects. I don't know where that money is
• 0:45
  Speaker 1: going to come from, and I'm highly dubious that any
• 0:49
  Speaker 1: projects are actually going to get done in the first place,
• 0:52
  Speaker 1: especially considering that he's, you know, already stated that nothing's
• 0:55
  Speaker 1: going to be done without one unanimity from the eight
• 1:00
  Speaker 1: billion different Indian bands across Canada, which that's not going
• 1:04
  Speaker 1: to happen fast. So he says they're going to be
• 1:06
  Speaker 1: formally announcing some projects and some investments, as he calls them,
• 1:11
  Speaker 1: in the next couple of weeks. We'll just have to
• 1:14
  Speaker 1: see some of the examples in the public domain will
• 1:17
  Speaker 1: include reinforcing and building on the Port of Montreal, a
• 1:21
  Speaker 1: new port effectively in Churchill, Manitoba, which would open up
• 1:25
  Speaker 1: enormous LNG liquefied natural gas, plus other opportunities, and other
• 1:30
  Speaker 1: East coast ports for those critical metals and minerals. Now,
• 1:33
  Speaker 1: of course you need pipelines though or otherwise it's pointless, right.
• 1:38
  Speaker 1: The Port of Churchill, which is one of Canada's north
• 1:41
  Speaker 1: northernmost deep water ports and has a brief operational window
• 1:46
  Speaker 1: each summer, is owned and operated by Arctic Gateway Group,
• 1:49
  Speaker 1: a partnership of dozens of First Nations Hudson Bay communities.
• 1:53
  Speaker 1: It's the only deep water port with Arctic Ocean access
• 1:58
  Speaker 1: in North America that's also accessible by rail. So there
• 2:03
  Speaker 1: is it. I mean, these are promising words, but will
• 2:07
  Speaker 1: anything ever actually be delivered? As the problem? I mean,
• 2:11
  Speaker 1: the pipeline that's now delivering natural guests to Asia from
• 2:18
  Speaker 1: the coast of British Columbia, that was got its first
• 2:20
  Speaker 1: approval in twenty fifteen, twenty fifteen, and that was after
• 2:24
  Speaker 1: several years of you know, studies and environmental studies and
• 2:29
  Speaker 1: all of that. Again, this is a liberal government, so
• 2:33
  Speaker 1: I'm not going to hold my breath on any of this.
• 2:36
  Speaker 1: Let's take a look here, So this is a German
• 2:41
  Speaker 1: reporter asked Karnie, what Canada can actually provide to Germany
• 2:44
  Speaker 1: in terms of energy given its lack of pipelines and
• 2:47
  Speaker 1: inadequate East coastport. Well, this is the other issue. So
• 2:52
  Speaker 1: for port of Churchill, it would require you know, about
• 2:55
  Speaker 1: a thirteen hundred kilometer pipeline and a yeah, that's going
• 3:00
  Speaker 1: to be going through about seventy five trillion different small
• 3:04
  Speaker 1: Indian bands who have been a short by Kearney. They're
• 3:08
  Speaker 1: all going to have to be a give. They're okay
• 3:10
  Speaker 1: for it. So I almost wonder if it's not just
• 3:14
  Speaker 1: a distraction because he's already kind of set it up
• 3:18
  Speaker 1: so that nothing can ever happen. But let's take a look.
• 3:21
  Speaker 2: Prime Minister, just one question about raw materials. Could you
• 3:25
  Speaker 2: please explore a bit more what Kinada can realistically actually
• 3:30
  Speaker 2: offer to Germany and Europe given the fact that ports
• 3:33
  Speaker 2: on the East coast and also pipelines are still lacking.
• 3:36
  Speaker 3: Okay, okay, you can. You're welcome to take the second
• 3:39
  Speaker 3: part of that my question if you wish.
• 3:42
  Speaker 4: The Thanks for the question. Look, there's a huge range
• 3:46
  Speaker 4: of immediate opportunities with respect to critical metals and minerals,
• 3:50
  Speaker 4: and there are medium term opportunities with respect to all
• 3:53
  Speaker 4: forms of energy, including ler G and hydrogen, and.
• 3:57
  Speaker 3: I'll quickly explain how we make those happen. Our government
• 4:02
  Speaker 3: is in the process of unleashing half a trillion dollars
• 4:06
  Speaker 3: of investment in energy infrastructure, port infrastructure, particularly intelligence infrastructure
• 4:12
  Speaker 3: as well with AI and a number of those investments,
• 4:18
  Speaker 3: the first of which we will be formally announcing in
• 4:21
  Speaker 3: the next two weeks, are with respect to new port infrastructure,
• 4:27
  Speaker 3: and some of the examples in the public domain will
• 4:29
  Speaker 3: include from reinforcing and building on the Port of Montreal
• 4:35
  Speaker 3: culture co a new port effectively in Churchill, Manitoba, which
• 4:41
  Speaker 3: would would open up enormous LNG plus other opportunities and
• 4:46
  Speaker 3: other East coast ports for those critical metals of minerals.
• 4:50
  Speaker 3: So there is a lot happening. It's the number one
• 4:54
  Speaker 3: focus of this government is to build that infrastructure, and
• 4:58
  Speaker 3: particularly infrastructure that helps us deepen our partnership with her.
• 5:06
  Speaker 1: Yeah again, when is there any I mean part of
• 5:11
  Speaker 1: the problem with the Liberals is that being the Liberal
• 5:14
  Speaker 1: party makes it almost impossible for them to actually get
• 5:18
  Speaker 1: anything done, at least in any kind of timely manner.
• 5:21
  Speaker 1: I mean right now. Based on track record from Liberals,
• 5:26
  Speaker 1: I wouldn't expect anything done then earlier than ten years
• 5:29
  Speaker 1: from now, right, So I guess we'll just have to see.
• 5:33
  Speaker 1: Maybe it's just a distraction. I think it's a Here
• 5:37
  Speaker 1: we go from CBC watcher. So German ambassador to Canada,
• 5:42
  Speaker 1: Matthias and Lutenberg, let's hear what he has to say.
• 5:46
  Speaker 1: Talking on this issue.
• 5:48
  Speaker 5: Austin Trudeau said there was no business case to sell
• 5:51
  Speaker 5: liquefied natural gas to Europe. We are hearing a very
• 5:55
  Speaker 5: different message from Prime Minister Carney today. He said there's
• 5:58
  Speaker 5: amazing potential opportunities if we open a new port in Churchill, Manitoba.
• 6:03
  Speaker 5: We know that Germany is buying millions of tons of
• 6:06
  Speaker 5: energy from the United States and cutter not Canada as
• 6:09
  Speaker 5: a result of really in action by past government so
• 6:12
  Speaker 5: on developing LERG. Would Germany be a customer for our
• 6:15
  Speaker 5: liquified natural gas if we did get our act together,
• 6:18
  Speaker 5: if you will and start producing some of this and
• 6:20
  Speaker 5: sending it over to Europe.
• 6:22
  Speaker 6: Well, ultimately there's certainly up to the companies in Germany
• 6:24
  Speaker 6: the bias to decide if they want to purchase lergy
• 6:28
  Speaker 6: from Canada. But I would see a huge potential for
• 6:30
  Speaker 6: a business case at least. And I see and I
• 6:32
  Speaker 6: hear from the conversation that we are having with German
• 6:34
  Speaker 6: companies that they do care about LERG and we as
• 6:37
  Speaker 6: a government.
• 6:37
  Speaker 1: Keep in mind too that they're getting it from the
• 6:40
  Speaker 1: US now, who built I think half a dozen export
• 6:44
  Speaker 1: ports for LNG. So you have to always keep in
• 6:48
  Speaker 1: mind what's happening with the United States as well, because
• 6:50
  Speaker 1: they exert an enormous amount of pressure. They have an
• 6:53
  Speaker 1: enormous amount of power and leverage which Canada doesn't have.
• 6:57
  Speaker 1: Now we are late to the about all this because
• 7:01
  Speaker 1: of Trudeau.
• 7:02
  Speaker 5: Yeah, they also talked about critical minerals. There seems to
• 7:04
  Speaker 5: be some sort of deal struck today. We don't really
• 7:07
  Speaker 5: have a lot of details as to what exactly the
• 7:09
  Speaker 5: two countries have agreed to do. Can you kind of
• 7:11
  Speaker 5: shed some light on that for me for our audience.
• 7:14
  Speaker 5: What have they agreed to do on critical minerals? Is
• 7:16
  Speaker 5: there some sort of timelines for the projects that are
• 7:19
  Speaker 5: under discussion?
• 7:19
  Speaker 6: Well, I would describe the document which was signed today
• 7:22
  Speaker 6: by ministers Hodgson and Reicher, German Minister of Economy, as
• 7:26
  Speaker 6: a framework document which would help us as a joint
• 7:29
  Speaker 6: declaration of intent, help us to promote the exports of
• 7:33
  Speaker 6: critical minerals and to jointly seek for diversification of our roots,
• 7:37
  Speaker 6: but also to work jointly on research, for example, to
• 7:40
  Speaker 6: work jointly on all sorts of critical minerals related activities.
• 7:45
  Speaker 6: And it's not yet with the timeline, and it's still
• 7:48
  Speaker 6: not very concrete in terms of single projects which we
• 7:51
  Speaker 6: wanted to undertake, but it opens the door, and we
• 7:54
  Speaker 6: do have some support schemes both in Germany and then Kinada,
• 7:57
  Speaker 6: like a raw materials fund in Germany which we will
• 7:59
  Speaker 6: use who's for the benefit of our corporation and critical So.
• 8:02
  Speaker 1: It sounds like a lot of maybe's, doesn't it, Like,
• 8:05
  Speaker 1: let's hear this one more time.
• 8:06
  Speaker 5: How they agreed to do on critical minerals. Is there
• 8:08
  Speaker 5: some sort of timelines for the projects that are under discussion?
• 8:11
  Speaker 6: Well, I would describe the document which was signed today
• 8:14
  Speaker 6: by Minister's Hodgson and Reicher, the German Minister of Economy,
• 8:18
  Speaker 6: as a framework document which would help us as a
• 8:20
  Speaker 6: joint declaration of intent help us to promote.
• 8:23
  Speaker 1: So declaration of intent. It sounds like a lot of maybees.
• 8:28
  Speaker 1: So we will just have to see. We will just
• 8:31
  Speaker 1: have to see. I'm not overly optimistic. I have to say.
• 8:35
  Speaker 1: They do need lergy. They're getting it from the States,
• 8:38
  Speaker 1: and obviously they're never going to be able to reinvade
• 8:41
  Speaker 1: Poland without that lergy, so they've got to get it,
• 8:47
  Speaker 1: White told zeal Ski. Zeal Ski, Poland's ambassador to Canadas,
• 8:53
  Speaker 1: is the quiet part out loud. Canadian natural gas goes
• 8:56
  Speaker 1: to the US at a massive discount and then gets
• 8:59
  Speaker 1: flipped to Poland that a much higher price. This is
• 9:02
  Speaker 1: because of Trudeau. What an embarrassment. He can't even help
• 9:05
  Speaker 1: but chuckle at us. Yeah, that's because of Trudeau saying
• 9:10
  Speaker 1: that there was no business case for selling it to Europe. Crazy,
• 9:15
  Speaker 1: totally crazy, all right, anyway, that's all I'm going to
• 9:20
  Speaker 1: say about that. Please like, share and subscribe. Subscribing really
• 9:23
  Speaker 1: helps me out. I thank you for that. I will
• 9:26
  Speaker 1: see you next time.