Trudeau douses excitement over East Coast gas exports, calling business case weak

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 80%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

ICYMI: Trudeau douses excitement over East Coast gas exports, calling business case weak — via financialpost Renewables Oil Gas Energy Commodities

Trudeau made the comments Monday during a joint press conference with his German counterpart, Olaf Scholz, who is visiting Canada for the first time as chancellor.

“But there needs to be a business case. It needs to make sense for Germany to be receiving LNG directly from the East Coast. Those are discussions that are ongoing right now between our ministers, between various companies to see if indeed it makes sense,” Trudeau said. Trudeau said Canada’s best chance of helping its allies may be to continue supplying natural gas to global markets via existing pipelines to the United States, and then eventually through LNG exports on Canada’s West Coast, where the country’s only export terminal is under construction.

The German chancellor is facing an energy crisis at home where European natural gas prices have hit record levels on fears that Russian supply cuts could tip the German economy into recession.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

financialpost TheTrillion Dollar Fail of the Liberals in Canada

financialpost It’s all about climate change of course.

financialpost 'No business case' for exporting gas, which benefits us all, but giving 100 million to the Alphabet Gang is an 'investment '

financialpost Your weak

financialpost This goes to show how closed minded govt can be and become.

financialpost So all of Europe wants our LNG and Justin does not see a business case....well he did say he has trouble with simple math, the budget will balance itself, and he does not think about monetary policy...is it any the country is falling apart? trudeaumustgo thefeingemajority

financialpost Build it in Quebec and see how strong the business case would be for Trudeau.

financialpost American trash 'newspaper'.. all bs

financialpost Germany's Sholz comes knocking on Canada's door, looking for LNG. Our idiot P.M. offers up unicorn-fart-sourced hydrogen (in maybe 10 years)...

financialpost Nope. Guess who has the weakness?

financialpost Why is a the man who openly said he doesn’t care about monetary policy negotiating deals in the first place When are we having this man fired

financialpost This master told him, now he's telling you! 🤣

financialpost Trudeau just doesn’t want to upset Quebec, by having a pipeline build through Quebec, I don’t suspect that he has any sense of how business works

financialpost What excitement. It would take years to construct an operating LNG terminal on the east coast. It would be complete just in time to see European demand collapse.

financialpost

financialpost Trudeau again has proven how useless he is

financialpost What’s the business case for bombardier ?

financialpost

financialpost Weak business case 👇😂

financialpost Math is hard for the PM. Little numbers or big numbers.

financialpost Europe’s largest economy wants , needs , is asking for Canadian gas. That sounds like the definition of a strong business case. There is supply and demand- what more is needed? Trudeau must have skipped a few lectures in Economics 101.

financialpost Scholz is thinking - What the hell is this clown talking about? Why the fk did I waste time even meeting with this jerk?

financialpost Scholz should have walked away and gone home. Trudeau cannot be trusted. He lies. He also needs counseling and psychiatric treatment.

financialpost The “business case” for net zero is weak. Why should Canada lead the way to bankruptcy? Why not let California lead and see what happens when they ruin their economy and become the unhappiest place on the planet in 2035.

financialpost So sweet, our Prime Minister is living in your heads rent-free! LOL

financialpost He definitely isnt working for Canadians

financialpost Yes, because selling our resources is a bad idea....

financialpost Complete idiotic pos.

financialpost 'calling business case weak' Lots of Canadians are calling this government weak.

financialpost Marvin the Martin summed up JTs response to NATO SG and Germany’s request. Someone should jog PMs memory “unite their efforts for collective defence and for the preservation of peace and security” (preamble, North Atlantic Treaty). Better Red Then Dead doesn’t fly anymore.

financialpost

financialpost The one guy who admits he doesnt think about fiscal policy (or cant) decides the business case? Sorry but JustinTrudeau lacks the intelligence to decide 'the business case'. He needs to be out of the way and let business leaders decide. TrudeauHasGotToGo

financialpost That would pull the country together. But he like his dad likes east west division for the 2 big city votes east

financialpost Is there even a business case to begin with? They should make it public, I believe we have a right to be informed of the details, not just takes JT’s word for it. If it does even exist, they probably worked it back from the answer they wanted to have.

financialpost With the look on the German chancellor’s face, he wasn’t ready for that speech.

financialpost So private corporations will pull out and the government will end up buying one

financialpost Trudeau insulted Chancellor and entire good in Canada. Environmental Trudeau terrorism is killing country outright

financialpost Of course if it’s good for Canada it’s no good for Trudeau

financialpost So no private corporation will build an LNG on the east coast now and the Trudeau government will end up using taxpayers money to fund one, similar to the trans-mountain pipeline project.

financialpost

financialpost Government should stay out of business!

financialpost Now if it was Quebec gas....

financialpost Trudeau is ‘weak’ not the business case.

financialpost Trudeau knows weak.

financialpost This is the guy calling the business case weak. Mmmm K

financialpost Business case! This about democracy and keeping it alive in Europe ! Geeze, what a blinkered vision he has

financialpost Because Trudeau’s grasp of economics is so good? I mean this so the guy who said budgets just balance themselves right. An entire continent begging for our natural gas and that’s a weak business case?🙄

financialpost I want government out of the way of business!! Except if it's for oil and gas, then I want to plow billions of taxpayer money into a massive new venture that faces massive hurdles (Quebec says hi) to sell gas in five years to a country that wants to be net zero by 2040.

financialpost Olaf: We have to Ration Gas this winter. We're completely dependent on Russia. Our energy bills have risen to over $1000 Trudeau: That's too bad...but there is no reason for us to sell you Gas How about we sell you hydrogen 20 years from now instead? Olaf: That's great!

financialpost Trudeau is known for his strong business acumen.

financialpost He knows zero about business.

financialpost Daddy knows best

financialpost Everything he says, the opposite is true.

financialpost But legal cannabis has a strong business case 🙄

financialpost Meanwhile south of the border….

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trudeau douses excitement over East Coast gas exports, calling business case weakICYMI: Trudeau douses excitement over East Coast gas exports, calling business case weak Renewables Oil Gas Energy Commodities feckless Business No, it's all about the Photo-Op of the day. if proven reserves are enough to justify extraction over several decades, you would need a number of deep sea wells, a few transfer terminals, and a fleet of LNG carriers running on a transatlantic shuttle service, all while limiting emmisions and pollution
Source: financialpost - 🏆 7. / 85 Read more »

Canada's real estate market cooling. Here's what to expect this fallAfter fuelling Canada\u0027s economy through the COVID\u002D19 pandemic, the real estate market is showing signs of weakness as home prices fall.
Source: TheTorontoSun - 🏆 23. / 68 Read more »