Taxpayers could be on hook for West Coast oil pipeline, but it's a 'good investment': Energy minister

https://www.cbc.ca/news/politics/taxpayers-could-be-on-hook-for-west-coast-pipeline-but-it-s-a-good-investment-energy-minister-9.7258006

25 points · 6 comments · view on lemmy.world

6 Comments

kat_angstrom@lemmy.world · 16 pts · 52d (4 replies)

And why exactly can't corporations pay for it themselves?

k_rol@lemmy.ca · 7 pts · 52d (1 reply)

I think the idea is that we will make money by making the corpos pay for the transportation. It's also a huge step done that is historically known to be problematic in building, so it can be attractive to investors of big oil.

I'm not happy to invest in oil but if we do, we need to make money off of it and not just give it all to companies.

This is just my opinion and I don't know a lot.

TribblesBestFriend@startrek.website · 4 pts · 52d

Like we did with trans mountain, now the petrol co. under use it so they could strong arm the gov into reselling it to them

CapuccinoCoretto@lemmy.world · 7 pts · 52d

Because the Liberals are too big of pussies to make a new crown corporation even when it's obviously needed.

ILikeBoobies@lemmy.ca · 7 pts · 52d

They don't want to.

grte@lemmy.ca · 1 pts · 50d

No it isn't. This is a government of liars. Nothing they say can be trusted. Remember when this thing wasn't happening without private funding? Carney was doing 5D chess on Danielle Smith? Yeah, nah, he's doing it on you. He is a snake.