BREAKING: British Columbia Just Approved 2 Massive Projects
Hello everyone, welcome back. I hope your day is starting off great. Let's just jump right into it. Fantastic news for Canada, and in particular for the province of British Columbia. That province has just announced the approval of two major, major projects. British Columbia will be the location of North America's first electrochemical lithium refining facility. Now you may not know what electrochemical lithium refining is but let me assure you This is a big deal because as of right now China refines approximately
65 to 70 percent of the world's lithium chemicals and that's despite mining only 17 to 22 percent of raw lithium in the world So Canada is choosing to compete head-on with China with the first lithium refinery in North America. We have abundant lithium in Canada. The federal government has designated lithium as a critical mineral because of its importance in battery production and the renewable energy transition. Canada has two mines in Manitoba and Quebec. We're gonna refine it here and guess who
one of the world's biggest customers of refined lithium is? Well that would be the country led by the complete and utter idiot that says he doesn't need anything from Canada. I don't need anything from Canada. They don't have anything that we need so I guess he won't be buying any of our lithium. They will and they'll pay. Oh, will they ever pay. Now that's just one major announcement. A second one. April 24th, Enbridge gets federal approval for a $4 billion natural gas pipeline expansion in BC. And reported here on Reuters, the Economic Point of View headline, Canada greenlights Enbridge gas pipeline expansion in test of Carney's approval process and Bloomberg's headline Canada shows purpose in Enbridge gas pipeline approval. The economic community very satisfied and exciting that Canada is
approving major projects. The project will partner with 38 First Nations and add 139 kilometers of new pipeline loops to the existing West Coast system and boost capacity by 300 million cubic feet a day. Construction is scheduled to begin this summer. The economic impact of the project will create 2,500 jobs and add over 3 billion to Canada's GDP. This approval is part of a broader push to accelerate energy infrastructure development as noted by Natural
Resource Minister Tim Hodgson. Now I could show you some maps and go into details here, but basically this $4 billion project adds to Canada's infrastructure, our gas transportation infrastructure. It's going to connect natural gas from Alberta and British Columbia and connect it to the west coast. So this project will benefit the province of Alberta and Daniel Smith is happy. It will benefit the province of British Columbia. The Premier of British Columbia, David Eby, is happy. It will benefit
First Nations along the route. They've approved it and they're happy. It will benefit the country of Canada because, as I just told you, it will add about three billion to Canada's GDP. It's all around great news, moving forward with some major projects. So of course there's one politician who's really pissed off about it. And that of course is Pierre Poliev, who could muster only one positive thing. And that positive thing was to say finally Ottawa approves Enbridge pipeline expansion. It took them forever. That's basically
the only positive thing he had to say. And he had a lot of negative things to say. I won't run the clips, there's hundreds of examples. He always talks about the Liberals are completely against pipelines and Canada can't get any pipelines built. There hasn't been any pipelines built. The Liberals are completely against all pipelines. And of course, that's just a lie. It's just rhetoric. One of the largest pipeline projects ever built
in Canadian history was the Trans Mountain Pipeline Expansion, a separate pipeline connecting Edmonton to Vancouver over a thousand kilometers over the Rocky Mountains, a pipeline that can carry a million barrels a day of oil to the West Coast so that we can sell it to markets other than the United States. That pipeline
construction was just completed at the end of 2024. That pipeline built by Trans Mountain Crown Corporation funded by the government of Canada, the Liberal government of Canada. That very same Trans Mountain pipeline is proceeding with the first of three major expansions as we speak to increase exports to over a million barrels a day of Alberta crude to the world market, all courtesy of a federal crown corporation. Incidentally, following this expansion,
the Trans Mountain pipeline system will generate substantial revenue with 2024 total revenue being 1.8 billion dollars from the transportation fee that Trans Mountain charges oil producers. If you weren't aware, Trans Mountain charges $11 Canadian per barrel of oil that travels through their pipeline. $11 per barrel times a million barrels, $11 million dollars every day. All money that is revenue for the federal government. Or
how about this pipeline that was completed recently, also crossing the Rocky Mountains, connecting pretty much from the Alberta border to Kitimat. This one carries gas instead of oil and connects our gas reserves to the first LNG export facility in Kitimat. That pipeline and the LNG facility together represent the largest dollar project in Canadian history built by the private sector recently during a Liberal government.
And despite that, Pierre Paul espouses the rhetoric that the Liberals will never build pipelines and all we need is pipelines. And if the Prime Minister just got out of the way, we could build more pipelines. And he assures us that it's only because the Prime Minister won't get out of the way, we could build more pipelines. And he assures us that it's only because the prime minister won't get out of the way that another pipeline doesn't just magically get approved.
It's time for Mark Carney to stop playing dodgeball. The decision is gonna be on his desk. He has the legal authority and the constitutional power to approve or deny that pipeline.
He calls it that pipeline. Do you see the deliberate attempt to deceive to make you think that well there is a pipeline there and Mark Carney better approve it? There is no pipeline ready to be approved. There's an agreement between Ottawa and Alberta, the desire to approve a pipeline, but now it's up to Alberta, Daniel Smith and her MPs to work with the private sector to try and have someone want to build it, to entice a company to want to do it. Some sort of
consortium or one utility company to step forward and say we want to build this pipeline and submit an application and then it can be approved. There is nothing like that that exists right now. But Paliyev goes on. And my message, I'm very clear. I would approve a pipeline to the Pacific from Alberta
in a millisecond.
He would approve a pipeline in a millisecond. And Mark Carney's had months and he hasn't approved that pipeline yet. Now, if we could miraculously do an experiment where we could transport Pierre Paliyev to be our prime minister right now. I don't even want to think about it. But if we could do if we had the technology to have a parallel universe where we could make him Prime Minister He could not approve the pipeline because there's no pipeline to approve yet. It's all just BS And the rhetoric is designed to penetrate people that maybe don't have all the answers or don't really know what's going on,
but they have some concept of an understanding and they hear the sound bite. Pierre would approve it in a millisecond and Mark Carney's had nine months and he hasn't done it yet. Oh, well, that's terrible. And just to always focus on the negative and spew this BS. This is a strategy. This is, he's not stupid. He doesn't really believe that there is a pipeline that doesn't exist
"99% accuracy and it switches languages, even though you choose one before you transcribe. Upload β Transcribe β Download and repeat!"
β Ruben, Netherlands
Want to transcribe your own content?
Get started freethat could be approved. He's not stupid enough to believe that. He believes that you're stupid enough to believe that. I would approve a pipeline to the Pacific from Alberta in a millisecond. So despite Perpoliv's negative perception and his constant doom and gloom narrative, there is some fantastic news for Canada. In particular, that processing plant for critical minerals puts Canada at the forefront in North America to start competing against China with the biggest customer of critical minerals just south of the
border. That's a major, major announcement. And the pipeline as well. Like I said, good news for the province of British Columbia and Alberta and the Indigenous First Nations in British Columbia and the federal government that growing our GDP, creating jobs. It's a good, good, good news all-around story. So I thought I'd share it with you with a little bit of doom and gloom on the side. Leave some comments in the comment section and let me know what your perspective is.
Subscribe to my channel if you're enjoying the content. Subscribe to my channel if you're enjoying the content. I will catch you all on the next one.
Get ultra fast and accurate AI transcription with Cockatoo
Get started free β
