Carney Has a Major Problem as Alberta Pipeline MOU Blows Up in His Face

You can sort of tell from that clip, his heart's not really in it when he tries to be hypercritical of the prime minister.He feels like he has to say that.

David Eby is not happy today.Welcome back to Moose and Loose.My name's David.Today, He is angry Mark Carney has an MOU for a pipeline with Daniel Smith.But that's not the only person frustrated with Mark Carney.Carney's own caucus is fracturing.

And it's not just Stephen Guilbeau.There's other ministers who do not like how Carney's running his government.Let's jump into this.I'm going to start off with this from the Toronto Sun.CBC hits pause on show targeting RCMP and Conservatives.That's right.

This ridiculous gotcha type of show.It's actually multiple shows targeting multiple people, as it mentions also RCMP.is now under review by the CBC.Worried about the impact on the news brand, CBC is pausing production of the satirical show that appears to have been attacking Conservatives and Canadian institutions.Called Northland Tales, the show is being co -produced by CBC -APTN through a statement from CBC that went to great lengths to stress that it was CBC Entertainment and not CBC News behind the production, so they're trying to distance themselves from this hideous show.half a million jobs vanished in Germany during the first quarter of 2026.

So their net zero agenda not working out so well, says from January to March, the number of jobs in Germany shrank by 486 ,000.The third consecutive quarterly decline with manufacturing and construction being worse affected.While employment continues to grow across Eurozone and the EU, Germany is falling further and further behind.Looking at the EU, Germany is the economic engine and they're doing awful.With that, we've got this video here from Dr. Steve Turley summing up how important the Strait of Hormuz is to Europe.

Europe is getting a massive wake -up call.As it turns out, Hormuz has quite a lot to do with Europe.The European Commission, the governing body of the entire EU, is now officially urging Europeans to work from home, not because of a pandemic, not because of somegreen initiative, but because they're running out of fuel.EU Energy Commissioner Dan Jorgensen sent a letter to every single national energy minister, warning of a quote, very serious situation with no end in sight.He told them to tell their citizens to drive less, use public transportation, reduce highway speeds, and avoid unnecessary trips.

It's literally like something out of the 1970s oil crisis.And then there's the jet fuel.Back on April 16th, the IEA executive director sat down with the Associated Press and said that Europe has, quote, maybe, maybe six weeks of jet fuel left.Six weeks.weeks.His own agency's oil market report confirmed that if Europe could only replace half of its lost Middle East fuel volumes, stocks would hit a critical threshold by June, right at the start of peak summer travel season.

The Airports Council International Europe wrote to the European Commission saying flight cancellations could begin as early as May this month if tankers don't start moving through the Strait of Hormuz.Here's the stunning statistic at the heart of all of this.75 % of Europe's net jet fuel imports were previously coming from the Middle East.I want that to hit you.5%.They built their entire aviation economy on fuel flowing through a strait that they had zero military presence in and zero willingness to defend.

And that last point there, zero willingness to defend.Trump goes in there and Europe is doing nothing.They're not helping Trump.And only after did he clear out all the ships and all the aircraft did they say like, oh yeah, we'll bring in our aircraft carriers like France did.And you can't do that.Number 10 on the list, Infinium Green Jet Fuel, which is based out of Texas.

have, but I got to wonder, are they going to try to use this as a way to push more green jet fuel into the airline industry in the UK or the EU while there's this shortage?And who would benefit from that?Well, Infinium, Mark Carney's Brookfield Global Transition Fund won.Now to have this happen, Carney would need somebody over there, whether it's in the EU or the UK, pushing this.I don't know if he's got an ally strong enough to do that.I mean, Keir Starmer is out the door.

Just a few days ago, I didn't show this on the channel, but tens of thousands of people from the UK protesting against Keir Starmer.So it looks like he's going to be on his way out here pretty quick.These Western civilizations are starting to destabilize because supply chains breaking down, bad decisions, net zero.I mean, you see with Germany, you see with the UK and we're next.Carney's going to run us into the ground just to make a pile of money.Now, while we're talking about a pile of money, I thought this was a good post here that broke down the Pathways project posted by William Lacey here, says former sell side analyst and partner for First Energy Capital, saying the creation of Pathways will represent the potential reduction to 10 to 12 million tons megatons of CO2 per year.

In 2024, global emissions were 35 ,130 megatons, so the project represents a potential reduction of 0 .03%.The largest growth in emissions in 2024 was from the Asia -Pacific region, 839 megatons, while North Americaminus 143 megatons.Europe is minus 236 megatons, Africa minus nine megatons, all declined.Then he says, I can think of a lot better ways of spend these billions of dollars to improve the environment rather than wasteful spending on pathways.Now, just breaking down this graph of global energy CO2 production, this is Asia, this color, North America is way down here.

So our emissions have already been going down since 2007.But breaking down the math of it, Pathways Project here.So originally, the federal government offered 75 % of the cost to the alliance, to Suncor, Synovus, all of the oil companies that are involved in this.The oil companies offered of the 16 .5 % to cover 25%, the government would cost 75%.The government declined this.They said that's too high.

The government basically agreed to 62%.I mean, there's a number down here, 50%.Federal government confirmed their offer of 50 % tax credit building towards CCS carbon recapture storage plants already robust and would not need to be increased.There's also 12 % that would be covered by the provincial government.So the oil companies would be on the hook for the rest of that, essentially one third of it or 38%.Now they haven't agreed to that, but that's where they are with these talks.

Basically, taxpayers would pay 62 % roughly of $16 .5 billion, which is like over $10 billion, $10 .8 billion.Now, is there better ways to spend $10 billion than injecting carbon in the grounding and getting nothing in return, yeah.Basically anything, literally anything, even just doing pharma care, dental care, whatever.Anything would be better than doing this.In reality, we should just pay down our debt and then cut all this other junk and get our country back on track.Get the prices of food and groceries and housing down.

Stop importing people, close the borders, deport a bunch of people, fix our country.Unfortunately, we don't have someone who's ethical as prime minister right now.With that said, we've got David Eby throwing a tantrum because of this MOU with Alberta potential pipeline.We'll just call it what is potential pipeline.

Alberta is the proponent of that and to bring a private sector engagement and proponent to it.We now move to that phase of development.

Prime Minister Mark Carney fielding questions today about his deal with the Premier of Alberta.Danielle Smith and Mark Carney shook hands Friday on a new industrial carbon price agreement.The deal goes so far as to promise shovels in the ground on a new pipeline to the west coast by fall of 2027 should adequate consultation take place.That new pipeline.

That new pipeline that will have shovels in the ground if all goes forward next year will just be starting the construction while the UAE will have already completed their new pipeline.Put that in perspective.

Of course, would run right through British Columbia.And the premier of that province is less than impressed with the prime minister's engagement in dealmaking with Alberta.

I've puzzled over the fact that national carbon price policy, national methane emission policy, was not negotiated with all of the provinces and all of the territories at the table, but was only negotiated with one government, the government of Alberta.The Prime Minister needs to answer for why he made that decision.Bluntly, we cannot have bad behavior decide who gets engaged with by the federal government.

This guy's like a grown -up toddler.He never grew up.Bad behavior?This deal?

is with Alberta.projects, B .C.But then eventually he said what he kind of put out in a written statement Friday, which is like this is rewarding bad behavior.What do you think of that statement?

I think David Eby is facing a lot of domestic pressure right now.I mean, we've seen what's happened with some of the polling.We see, you know, there's a lot of attention around the B .C.conservative leadership race.I think he's he's in a bit of trouble politically, and he kind of has to say some things to shore up his own base and his own support among the NDP.

I mean, you can sort of tell from that clip, his heart's not really in it when he tries to be hypercritical of the prime minister.But he feels like he has to say that.And he said the same thing kind of six months ago when this MOU was passed.

they're as he makes out to be.David Eby is plummeting in the polls and he doesn't know how to handle it because he wants to push forward all this reconciliation nonsense that's destroying British Columbia.But it won't be a laughing matter when somebody starts jacking the taxes on his house and he has no representation or just claim his house altogether.Claim the land.See you later.That's where we're at right now.

Things are so bad.It's hard to know where David Eby lies in this because he doesn't want to lose his job.He also knows what he's brought in is ruining everything.

Laura calls it therapy.I think the prime minister on Friday called it cooperative federalism.Is this kind of like the function in this environment that that he will have?

I mean, it can be both.And, you know, in olden times, John A. McDonald would have sailed up on a boat filled with booze and tried to get a deal on a bunch ofthings and hope nobody remembered all the details in between.But here we are.This is Confederation.This is the challenge.

And there are serious problems across this province.There are things that have been kicked down the road by previous governments so far that at some point somebody had to grab the can and go, all right, I guess we're dealing with this.Prime Minister Kearney, well, he's it, right?He's the guy who's got to deal with this.And there are lots of challenges when we look at Alberta separation, when we look at Arctic sovereignty, when we look at big projects of national interest across the province.

I don't think anyone's really thinking about Arctic sovereignty.Really, the biggest problem should be China invading our country in numerous ways, the Liberals destroying Canada.and the rampant corruption going on.I mean, those should be the top problems here.I mean, you throw in everything else, immigration, crime, etc.We have a corrupt government not acting in our best interest.

If they were easy, they would have been done by now.But they need to get done.And how they get done and how in which you hold the Federation together is always the biggest challenge of the Prime Minister.And frankly, the previous government, as they did sock diplomacy around the world, they did sock diplomacy at home.And it was an easier conversation, I guess, to not finish the conversation with Alberta.And here we are.

And there are big global challenges that Canada needs to continue to step up with.You know, we've got the infrastructure bank.We've got the defence bank conversation happening.These are going to be big investment pieces across this province and there's going to be a lot of unhappy premiers when we get all this said and done.

All those investment vehicles have massive contracts.They're just complete waste of money.Like, they're all a complete disaster.

Is there a way, Shakir, in your view, when this meeting happens between the Premier and the Prime Minister to make Premier Eby happy?I feel like he spent a long time today laying out the path there.like, say yes to our big projects, help us with our big projects.It feels like he was sort of saying, here's the path.

Yeah, I think that is the path.Show him a little love and make sure his projects move forward.I think that makes sense.But I think when Premier Eby speaks, I mean, you kind of know what he's going to say, right?Whether he's playing to a provincial audience, you have to oppose the pipeline for his own domestic political reasons.I think that makes sense.

But I think Mark Carney, he finds himself doing a bit of a delicate dance.On one end, you have Eby who's saying, slow it down or consult us a bit more.On the other end, you have my party with Piers saying you can't move fast enough, right?You can't build enough pipelines in enough directions and increase production at a pace that'll make us happy.So I think Carney does find himself in a bit of a tricky position.What's telling to me for the Liberal caucus in B .

C., I don't think I've seen one champion out there talking to Premier Eby or even selling the pipeline in B .C.I think the natural person would be, you know, Gregor Robinson, the housing minister.But even he's not out there being vocal, talking about the benefits of this agreement, talking about the benefits of Canada.I think to me, that signals a bigger problem within the Liberal caucus that they're not completely sold.

This should be moving forward.I think Carney is going to have challenges bringing those folks together as this advances moving into 2027.

Gregor Robertson is pissed off about this MOU with Alberta.The BC Liberal caucus in general, all of them are pissed off about this.Listen to this here, Justin Ling of the Toronto Star.What does he have to say about Gregor Robertson?

Justin, do you think people inside the Liberal tent could make this very difficult for the Prime Minister?

Yes, but I don't think it's going to be the people you think it is.So Stephen Guilbeau, for sure, you know, resigned from cabinet to some degree in protest of of the government's kind of oil and gas policies.But I'm told he's actually been pretty collaborative with Carney's office over the last couple of months.I'm told the prime minister's office calls them pretty frequently and he picks up.He offers advice.He's not been the thorn in their side that maybe we were expecting him to be.

Meanwhile, you have Jonathan Wilkinson, who I think was kind of angling to be that kind of grumpy Gus in caucus about, you know, the deprioritization of climate.He's off to Europe now.So so he's gone.Here's what's interesting.So I was talking to a caucus source last night.You know, there is a clear need for the liberals to have a champion in B .

C.who can come out and actually make the case for this pipeline and sort of some of the climate deals around it.You would think that would be Gregor Robertson, kind of their biggest high profile MP cabinet minister out on the West Coast.I'm told that Gregor Robertson joined a caucus call this week, basically made clear he was extremely unhappy with the final deal with Danielle Smith and basically said, don't call me tomorrow.I'm not going to be available.So and he was notoriously missing from a big LNG announcement on the West Coast as well.

So Wow.

Gregor Robertson pissed off about this.Who would have known?Carney brought the guy in.Clearly he thought he had the same agenda as him.Maybe Gregor Robertson has a much stronger green stance than, well, we originally thought.

You don't actually have a big champion right now.Carney does not have a lieutenant in B .C.who's selling this deal.I think that's very telling, on top of the fact that there's also been some kind of disgruntlement about Gregor Robertson's delivery as housing minister.You have to start to wonder, does Mark Carney need to find a new sort of lieutenant for British Columbia who can actually convince Yvie and the province and his caucus that this is going to work out, never mind the problems you have in Quebec, where there's also a number of MPs who are, apart from Guilbault, who are unhappy about this.

So this is a difficult political question.And Mark Carney does not love solving difficult political political questions.

any of that stuff.They don't know what Carney's doing.They don't understand what he's doing when he cuts the 2 billion, 1 billion trees program or doing an MOU with Alberta for a pipeline.They don't get it.He has.It's all about money to Mark Carney.

It's not about the environment.Never was.

I love that we're so far like into 2026, Dan, that we're in a place where we think Gregor Robertson is going to champion a pipeline.Like, I mean, to be to like, you know, it's so funny because it's like Gregor Robertson is mayor.was one of the most ardent opponents of TMX, which to Shakira's point, Dan, presents this very interesting, unique sort of situation that the prime minister is in, where he has prominent members of both his cabinet and caucus in British Columbia, where there are more votes than Alberta to be crass for the federal liberals, who are probably not thrilled if they have to go to the microphone and defend this, and yet he still pursued it.What does that tell you?And I know it's not a big problem for him, maybe in this moment in time, given where he sits in the polls, but is it a potential risk moving forward?

I do think the politics on this topic have shifted quite a bit, and they've followed the national conversation in a direction of economic imperative.We're in a moment in time where getting a pipeline built feels like an existential crisis for the country and something that has to get done.And so the politics on this, I think, have changed a lot.And I think it is a reality that Premier Eby has accepted.I enjoyed Laura's characterization of him not really having his heart in it earlier.I think that's exactly right.

I mean, you listen to him over the last many months.It's sort of been this sad bystander trying to increase his political leverage when push comes to shove.And he has to, you know, make some sort of bargain with the feds and the other provinces to accept a pipeline getting built.

either he goes along with it or things just get worse.His numbers keep slipping in the polls.He knows he can't keep pushing back.He tried the whole tango.thing before to try to get this pipeline to go away.Now it's going forward even more and he doesn't like it.

Through another tantrum today, it's not going to do anything.David Eby knows that most likely he's on his way out, whether it's before the next election or after another provincial election.Jumping ahead, I just want to do a little update on this.So the baggage tag scheme that's going on in Toronto Pearson.In the previous video, I was talking about the tags that you get, like the leather ones that hang off your bag.Well, it's actually these ones.

It's the paper ones that they're switching on the bags.So they'll take off the tag like this and then stick it on another bag.What I said in the previous video still stands.If you get an air tag and stick it on your bag, then you can track your bag.The other thing you can do is use your phone to film your bag to show this tag on your bag to protect yourself if you're traveling, going through an airport and checking your luggage.And to end this episode off on a lighter note, we've got exciting fossil find reveals that platypuses swam with dolphins 25 million years ago.

Everyone knows the platypus is the world's strangest mammal, it goes on to say, but the exciting new fossil is revealing more about the ancient lineage long history, namely some serious gashers.Paleontologists made a rare discovery of the Flinders Ranges in the remote outback of South Australia.aka freshwater shrimp.So yes, the biggest outcome here is it says that the new fossils show another mammal swam with dolphins and ancient toothed platypus.It's amazing the discoveries that are made millions of years after these things have happened.