Canada Nears Economic and Social Collapse as Capital Flight Accelerates

[Herman]

Mr. Carney's new pact with Germany to provide critical minerals and more energy is good for the national economy. However, it is unlikely to achieve its full potential because of Liberal deference to Quebec. It's also not a commitment.

It's bullshit.

Much media hype about Mark Carney signing a "Joint Declaration of Intent" with Germany.
What does it mean? Nothing.
Read the fine print: "This JDI (Joint Declaration of Intent) is not legally binding and does not create any financial commitment."
All show business.

[Brent]

Seems there is a business case for selling Canadian liquefied natural gas to Europe after all.

The Mark Carney government, unlike the Justin Trudeau government before it, said this week that it is willing to consider — possibly, maybe down the road, in the medium term — selling LNG to Europe.

Right now, a lot of Canadian natural gas is being exported to Europe, it's just being exported through the United States, which seized on this opportunity while we decided to be "green" and take a pass. And so Canadian natural gas is sold to the United States at a discount and then sold to the Europeans by the Americans at a premium.

The Carney Liberals are still saying many of the right things, as they have done for months, but they haven't delivered yet.

On that front, and whether they will deliver on all of this, we are still at the wait and see stage of this relationship.

[Thiel]

It's bullshit.

Much media hype about Mark Carney signing a "Joint Declaration of Intent" with Germany.
What does it mean? Nothing.
Read the fine print: "This JDI (Joint Declaration of Intent) is not legally binding and does not create any financial commitment."
All show business.

There is virtually no chance of a new liquefied natural gas facility getting built and exporting energy to Europe in the next five years and Mr. Carney knows that.

[Herman]

It will be Carbon Tax 2.0

Conman Carney's Clean Fuels Standard could increase the price of fuel by 17 cents a litre. The same as the old consumer caarbon tax.

[Herman]

How do you think Brookfield is performing right now?