Canadian Politics Today

Horgan made it very clear that he would do anything he could to stop this pipeline, he is doing just that. I don't blame Notley one bit for hitting back. We don't have the right to block other provinces from getting their products to market.

Canada is shooting itself in the foot. We had a 3.2B trade deficit in December, yet we shoot down Energy East and import 30B worth of foreign oil every year at world price while forcing our own producers to sell our oil to the US at a big discount. Dumb, dumb, dumb. No wonder energy companies are moving their resources and investments south. Contrary to Justin's rosy rhetoric, this is not an investment friendly country for any industry that needs to make a large investment in infrastructure.

I defer to your knowledge; I am not so invested in this that I can really claim expertise on the new policy effects on the oil industry.   It does seem as if Alberta and the Feds poured a lot of money into the oil industry and yet it still tanked, so there doesn't seem to be a really reliable path to success.  And there are downsides that the oil industry and it's supporters rarely talk about; Alberta is now on the hook for billions of dollars to clean up the abandoned oil sites, a situation that the Pembina Institute forecast in 2009.

https://www.pembina.org/reports/toxicliabilityfactsheetfinal.pdf

http://business.financialpost.com/commodities/clean-up-liabilities-continue-to-swell-in-alberta-as-first-oilsands-project-is-orphaned

https://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/estimated-cleanup-costs-for-albertas-mines-jumps-to-232-billion/article34912511/