Enbridge sees strong demand in U.S., hurdles in Canada - will invest in US for now.

[CdnFox]

Enbridge sees strong demand in U.S., hurdles in Canada | Financial Post

“We are going to be allocating capital predominantly in the U.S. until competitive projects in other jurisdictions present themselves that compel us to allocate capital elsewhere"

 

all carney had to do was cancel the anti pipeline law. Instead he dicked around with some half-assed special zone nonsense that even a novice can see is going to phiss the first nations off and now nobody is going to want to put money into Canada.

So all that talk of pipeline crap is going to come to nothing. Which he knew, he doesn't want to actually see pipelines he just wants people to think he's pro pipeline.

So there's not going to be any new Energy Corridor, there's not going to be any new pipelines, there's not going to be new markets, we're going to keep selling our oil at a discount to the Americans and once again carney is basically bowing down to what the Americans want.

Anybody who voted liberal in the last election sold our country out

[herbie]

The market speaks.

Wanna pay for it all yourself Danielle? 

[WestCanMan]

1 hour ago, CdnFox said:

Enbridge sees strong demand in U.S., hurdles in Canada | Financial Post

“We are going to be allocating capital predominantly in the U.S. until competitive projects in other jurisdictions present themselves that compel us to allocate capital elsewhere"

In addition to the damage that Trudeau did, which came with a pricetag on it (the cancellation of $135B in investments that were shovel-ready), there was an incalculable amount of investment that was unrealized due to the hostile business climate here. That's what's referenced here... Companies that aren't even considering Canada, despite our vast oil deposits, due to our adversarial governments.

[Shady]

The Liberals continue to lower our national income, prosperity and standard of living.  We used to be on par with the United States regarding per capita GDP when Trudeau was elected in 2015.  Now we’re 60%.  It’s so sad what the Liberals have done to this country.

[CdnFox]

13 minutes ago, Shady said:

The Liberals continue to lower our national income, prosperity and standard of living.  We used to be on par with the United States regarding per capita GDP when Trudeau was elected in 2015.  Now we’re 60%.  It’s so sad what the Liberals have done to this country.

And it's not getting any better. Carney's going to be running 100 billion dollar deficits which is going to be devastating for us. That literally means every year our interest payments go up faster than our ability to pay them which means a reduced quality of life and services. Then  there's this mismanagement of trump. And now he's added his Palestinian crap to the plate which is going to distract from other things as well. He's a disaster

[TreeBeard]

4 hours ago, herbie said:

The market speaks.

Wanna pay for it all yourself Danielle? 

Good thing we didn’t invest in alternative energy!  We wouldn’t want to be a leader in future technology.  Better to have all our eggs in the oil basket.  19th century, here we come! 

[eyeball]

1 hour ago, TreeBeard said:

Good thing we didn’t invest in alternative energy!

Too bad we didn't hire Norway to run Canada's oil and gas sector. We'd have been farting in silk decades ago.

[herbie]

We can and should be leaders in alternate energy. Living in BC I've been disgusted by the lackadaisical amount of work being done into geothermal. We have almost all Canada's hot spots for it.
Take one look at Skookumchuck Narrows and think of the tidal generation capability.

I proposed 20 years ago applying for a grant to build a wind turbine on a windy mountain top to supply power for our transmission tower and others there. It had ONE powerline winding up a logging road and backup power required delivering 100lb propane tanks on 4x4s.
It was shot down as stupid and silly by all others that would have benefited.
Sure enough, a couple years later a storm washed out the access road and took down the powerline. The area was without RCMP, Forestry, Search & Rescue service, TV for some areas and Internet access for hundreds for over a week until repairs were done.
And here we go over 20 years later while a fatmouthed White House m0ron carries on with the same bullheaded lies and inanity.

I've seen our highway closed in the middle of the night for delivery of oversize turbine parts, fields of them pumping out power in the Crowsnest Alberta area while farmers harveted hay underneath them, and that giant wind turbine you see leaving Cape Breton. Recently drove from Prince George to Stewart BC - yeah that's Hyder Alaska in the middle of sweet f*cking nowhere and noticed the charging stations in every town, could've driven an EV without so much as a problem.
It's long past the time to invest in alternatives, but we're doing the same thing as with LNG putting shovels in the ground 16 years late.

Edited August 2, 2025 by herbie

[paxamericana]

5 minutes ago, herbie said:

We can and should be leaders in alternate energy.

Canda like most of the developed world aged out unfortunately. You no longer have the consumption for energy that would make these project finacially feasible. Canada is going gently into that good night. That is unless the Americans take over management of the place. 

[CdnFox]

2 hours ago, TreeBeard said:

Good thing we didn’t invest in alternative energy!  We wouldn’t want to be a leader in future technology.  Better to have all our eggs in the oil basket.  19th century, here we come! 

We did. I paid my carbon tax

[CdnFox]

22 minutes ago, herbie said:

We can and should be leaders in alternate energy. Living in BC I've been disgusted by the lackadaisical amount of work being done into geothermal. We have almost all Canada's hot spots for it.
Take one look at Skookumchuck Narrows and think of the tidal generation capability.

I proposed 20 years ago applying for a grant to build a wind turbine on a windy mountain top to supply power for our transmission tower and others there. It had ONE powerline winding up a logging road and backup power required delivering 100lb propane tanks on 4x4s.
It was shot down as stupid and silly by all others that would have benefited.
Sure enough, a couple years later a storm washed out the access road and took down the powerline. The area was without RCMP, Forestry, Search & Rescue service, TV for some areas and Internet access for hundreds for over a week until repairs were done.
And here we go over 20 years later while a fatmouthed White House m0ron carries on with the same bullheaded lies and inanity.

I've seen our highway closed in the middle of the night for delivery of oversize turbine parts, fields of them pumping out power in the Crowsnest Alberta area while farmers harveted hay underneath them, and that giant wind turbine you see leaving Cape Breton. Recently drove from Prince George to Stewart BC - yeah that's Hyder Alaska in the middle of sweet f*cking nowhere and noticed the charging stations in every town, could've driven an EV without so much as a problem.
It's long past the time to invest in alternatives, but we're doing the same thing as with LNG putting shovels in the ground 16 years late.

There is no alternate energy

The only reliable sources of energy currently are generators burning fossil fuels, nuclear reactors, and hydropower. Anything else is supplemental and can't be relied on

Hydropower can't be exported other than to places where you can run the cable. So we aren't selling any to Europe, the only people we can sell it to other than ourselves is America and we already do that. There is only so much hydropower in Canada

Nuclear energy is barely developed because fake environmentalists such as yourself have been anti-nuclear power for so long that they can't even remember why considering the designs we have now are extremely safe and produce almost no waste. We are developing it but it'll be a while

And that leaves fossil fuels

Someday maybe we will invent the technology where we can be a world leader but that technology is not here yet pretending it is is a child's endeavor

What we should be doing is minding the hell out of our oil and gas and tapping into the profits from that to be developing the next generation. Research into advanced battery technology that would allow us to store energy as efficiently as we store gasoline or petroleum energy Would change the world.

But instead the lefties insisted we pay a carbon tax and that would solve everything. It didn't.

[herbie]

The widespread lack of vision si what holds us back. You can see it expressed here a lot.

The Can'tservatives among us..

[paxamericana]

4 minutes ago, herbie said:

The widespread lack of vision si what holds us back. You can see it expressed here a lot.

The Can'tservatives among us..

No it’s just reality. No one has the industrial capacity to build out an entire renewable supply chain overnight, that is unless we’re okay with making that critical infrastructure reliant on Chinese manufacturer. 

[CdnFox]

34 minutes ago, herbie said:

The widespread lack of vision si what holds us back. You can see it expressed here a lot.

 

All right, so what's your vision? What would you do if you were in control of Canada?

Other than wine complained and try and blame the conservatives that is  

[CdnFox]

29 minutes ago, paxamericana said:

No it’s just reality. No one has the industrial capacity to build out an entire renewable supply chain overnight, that is unless we’re okay with making that critical infrastructure reliant on Chinese manufacturer. 

that's not even the biggest problem.

California already tried this and they produce enough electricity overall but the problem is the sun goes down. They had plenty of power to run everything when the sun was up but now it's down. And the funny thing about solar power is you need the sun as it turns out.

So they have chronic rolling brownouts and blackouts and have to buy power from out of state.

If we could store electricity as efficiently and as affordably as we can store petroleum products we could convert the world tomorrow to solar power. But we can't. We can store hydropower that way, by putting a dam in place we can create an energy reservoir that we can tap into at need, but then you need a rather large supply of water which not everyone has. Wind power doesn't even come close.

So if we were really serious about switching all of the countries in the world would be pouring their energy and their fortune into advanced energy storage models that would allow us to harvest electricity, store it, and use it as necessary.

Then we can have renewable energy. Herbie is literally Tilting at windmills like some sort of deranged environmentally friendly Don Quixote

[CdnFox]

Enbridge says federal support for oil and gas not yet clear | Business News | thecanadianpressnews.ca

"I'm optimistic about our ongoing conversations and the alignment we're seeing today on both sides of the border to advance projects and legislation," said Greg Ebel, chief executive of Calgary-based Enbridge on a Friday call to discuss second-quarter results

But while both governments are talking, project plans and customer demand is being drawn more to the U.S., he said.

 

"Our customers at this point in time really want to go south," said Ebel. "That's the premium market."

 

This has nothing to do with trump or the tariffs, this has to do with the hostile regulatory situation we have in Canada. Enbridge has been burned by the government before and Trudeau spent the last 10 years saying he was going to wipe them out. They do not trust the Canadian government at all.

Carney needed to take massive steps to show that the wind had changed and that it was safe to invest in Canada again. And he utterly failed to do that. The super secret special project prosperity zone bullcrap was a complete joke and Enbridge knows it.

Now that's more money in investment that's going to float to other countries and not Canada. And it could have been avoided in 2 seconds

[Legato]

14 hours ago, herbie said:

The widespread lack of vision si what holds us back. You can see it expressed here a lot.

The Can'tservatives among us..

Okay enlighten us oh fat bearded one.

What vision do you envisage?

[I am Groot]

18 hours ago, TreeBeard said:

Good thing we didn’t invest in alternative energy!  We wouldn’t want to be a leader in future technology.  Better to have all our eggs in the oil basket.  19th century, here we come! 

The idea that Canada will be a leader in alternative energy is laughable. The technology has been developed and refined by mostly American and European entities for decades, by European countries willing to impoverish themselves and see their people freezing to death to get to net Zero. The manufacturing of all this stuff is massively cheaper in China than we could ever do it, so that leaves precious little for us to take leadership in.

17 hours ago, eyeball said:

Too bad we didn't hire Norway to run Canada's oil and gas sector. We'd have been farting in silk decades ago.

Too bad we didn't hire them to run Canada. We'd have millions fewer immigrants and refugees and thus way less crime, fewer people on welfare, and more money.

[I am Groot]

16 hours ago, paxamericana said:

Canda like most of the developed world aged out unfortunately. You no longer have the consumption for energy that would make these project finacially feasible. Canada is going gently into that good night. That is unless the Americans take over management of the place. 

Canada is ... risk-averse. We want to make sure nothing goes wrong and nobody does anything bad. That means we have to supervise everything they do. That means more guidelines and more reports and more regulations, and more bureaucrats to oversee it all. Want to build an addition onto your home? Good luck with that! You'll have dozens of forms to fill out, multiple inspections over every aspect of your redesign (which you pay for) and every tiny thing will bring demands for refinements and changes.

That's just for a person. You can only imagine the kinds of oversight large companies have for mines or major construction projects. It took about six months to approve the Trans Mountain pipeline in the 1950s, and 8 months to build it. Twinning it took years of paperwork, lawsuits, hearings, bribery, and then billions and billions to construct. That, in a nutshell, is what's wrong. We can't build anything. We can't get anything done without machetes to slash through reems of paperwork and red tape. All of which takes years and A LOT of money.

Government is now big daddy, and it oversees every aspect of life and makes all decisions. Got a problem? Big Daddy will borrow a billion or two and help to deal with it (but not really). A quarter of employed Canadian adults now work in the public sector. Add in their families and you probably have 70% of Canadians getting their food and shelter through a government job. Which also means a lot of people have no interest in voting for a party that's likely going to be cutting government jobs. Which helps explain the success of the Liberals and NDP.

[eyeball]

33 minutes ago, I am Groot said:

Too bad we didn't hire them to run Canada. We'd have millions fewer immigrants and refugees and thus way less crime, fewer people on welfare, and more money.

I would have curbed immigration to reduce the environmental strain of having so many people. But what you said sounds good too. 

[CdnFox]

53 minutes ago, eyeball said:

I would have curbed immigration to reduce the environmental strain of having so many people. But what you said sounds good too. 

The people would still be alive and there would be exactly the same amount of environmental strain whether they live here or there. 

This is why we can't have nice things. The left is just too stupid

[eyeball]

1 hour ago, CdnFox said:

The people would still be alive and there would be exactly the same amount of environmental strain whether they live here or there. 

You're saying the environment is global?

Good to see that's finally starting to sink in.

[paxamericana]

4 hours ago, I am Groot said:

70% of Canadians getting their food and shelter through a government job. Which also means a lot of people have no interest in voting for a party that's likely going to be cutting government jobs.

Cuts are necessary, just as bad ideas need to be cut. I understand the uphill battle. But if America can manage a DOGE as bloated as our system is, I’m sure the western world will ensue. You just need the political opportunity for it. 

[CdnFox]

7 hours ago, eyeball said:

You're saying the environment is global?

 

I've been trying to tell you that for decades now! 😆

Quote

Good to see that's finally starting to sink in.

I hope it is, then maybe you'll stop pretending anything we do in canada will make any difference as long as china and india keep going as they have been  

[August1991]

On 8/1/2025 at 11:27 PM, CdnFox said:

There is no alternate energy

The only reliable sources of energy currently are generators burning fossil fuels, nuclear reactors, and hydropower. Anything else is supplemental and can't be relied on

...

Agreed.

Natural gas turbines have the advantage of quick start for peak demand.

====

I reckon that this CO2 fear/panic will become something similar to eugenics: True, but maybe we shouldn't trust experts.