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

  • 📰 financialpost
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 85%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Trudeau said Canada\u0027s best chance of helping its allies may be to supply natural gas via existing pipelines to the U.S. Read on

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.

“We are looking right now and companies are looking at whether or not the new context makes it a worthwhile business case to make those investments,” Trudeau said, adding the federal government would be willing to ease regulatory hurdles to assist its allies. The two leaders spoke at length about the challenge of safeguarding the energy security of Western democracies during the news conference in Montreal Monday. The leaders, along with numerous federal cabinet ministers, will gather this week for meetings on investment and partnership opportunities in the areas such as critical minerals and the automotive sector.Article content

“We are looking at every possible different way to help out the German people and Europeans in the short term as they face a real challenge this coming winter and the next as Russia continues to squeeze off gas supply,” Trudeau said.

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:

 /  🏆 7. in ZA
 

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

(1) If the Liberals would’ve been more proactive we wouldn’t be caught with our pants down… Lost opportunities have costed Canadians billions in resource revenue… You wonder why theres sky rocketing inflation, We have the most sustainable resources in the world

What does Trudeau know about “business cases”?

Correct

he is not necessarily wrong. To get more nat gas to Europe for this winter, it has to ship from US LNG terminals. So Canada can facilitate that by supplying more nat gas to the US. Nobody knows what nat gas pricing will be when an LNG terminal on the East Coast is operating

South Africa South Africa Latest News, South Africa South Africa 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 weakTrudeau said Canada\u0027s best chance of helping its allies may be to supply natural gas via existing pipelines to the U.S. Read on JustinTrudeau continues to Attack Canadian EnergySecurity at a time when the world is moving towards war with Russian attack on Ukraine & energyattack on Europe along with the ChinaDragon threat on tiwan & rest of Asia Lol.. he's a business expert is he lol So the business case for LNG is weak, but hydrogen is strong? Lmao. This guy is too much.
Source: nationalpost - 🏆 10. / 80 Read more »

Scholz, Trudeau aim to drum up business as German leader visits Canada - BNN BloombergWATCHLIVE: A busy day lies ahead for Prime Minister Justin Trudeau and German Chancellor Olaf Scholz during the first full day of the German leader's three-day visit to Canada. Busy day Angry germans are waiting at home! Good luck Scholz I am sure Justin will show him all his favorite spots. Then may the adults can do some business that makes money for Canada.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Trudeau, Scholz aim to boost business as German chancellor visits Canada - National | Globalnews.caThe two leaders will start the day in Montreal with a meeting, at which they will be joined by numerous federal cabinet ministers. Who cares? Ok
Source: GlobalNational - 🏆 81. / 51 Read more »