Argus Posted December 3, 2018 Report Share Posted December 3, 2018 Despite the muddled mess and tortured multi year long bureaucratic process that has to be endured to get any kind of major infrastructure or resource project going the Trudeau Liberals have decided it's still too easy to get things done. Thus we have Bill C69, a new law that should, the Liberals apparently hope, bring all resource development to a screeching halt. But not until after the next election. I have a feeling that the next few years are when the damage Trudeau and his Liberals have caused is going to come home to roost, as economic growth slows and then halts under the weight of heavy taxes and insane bureaucratic overregulation. Bill C-69, if passed, would replace the federal Canadian Environmental Assessment Act of 2012 (CEAA 2012) with a new, much broader Impact Assessment Act (IAAct); replace the federal Environmental Assessment Agency with a new Impact Assessment Agency (IAA), with much broader scope for review of major projects; would replace the National Energy Board with an entirely new, untested, watered down, less independent “Canadian Energy Regulator;” and amend the Navigation Protection Act. It is a massive, far-reaching omnibus piece of regulatory legislation. But in its 392 pages, the word “competitiveness” appears only twice. Neither the word “economy” nor the phrase “economic growth” appear at all. Bill C-69 was passed in the House of Commons, but with review by only the Environment and Sustainable Development Committee. It was not reviewed by either the Natural Resources Committee or the Finance Committee, despite its potential affect on our ability to harness our natural resources and potential negative affect on our economy. Yet this bill, if passed, would create enormous uncertainty, more red tape and increased court challenges. And not only for the energy sector: The IAAct, which includes a variety of untested requirements, will apply to virtually every major infrastructure project in Canada for years to come. https://www.theglobeandmail.com/business/commentary/article-bill-c-69-is-the-antithesis-of-what-the-regulatory-reform-effort-hopes/ Quote Link to comment Share on other sites More sharing options...
scribblet Posted December 4, 2018 Report Share Posted December 4, 2018 Trudeau really doesn't care about us, everything he does appears to be anti Canada. According to this Canada is in for a colossal economic hit.The Feds continue to wrack up billions in debt in good times as a result of which they will have little maneuverability in lean times. They exhibit little aptitude for anything but programs to create more public servants and for more regulations to thwart business. https://nationalpost.com/opinion/stephen-ledrew-gm-layoffs-alberta-in-crisis-this-is-the-liberals-plan-at-work? https://nationalpost.com/opinion/stephen-ledrew-gm-layoffs-alberta-in-crisis-this-is-the-liberals-plan-at-work? Meanwhile Canadian seniors are needing to use foodbanks for often https://www.theglobeandmail.com/amp/news/national/toronto-food-bank-use-spikes-with-notable-increse-among-seniors/article36287133/ Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.