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

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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.

 

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(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

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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
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