Yesterday was not a good day for Canada. It is not a good day for the federation. It is a very bad day for the west.
TransCanada made the decision to cancel Energy East – but make no mistake, the reasons for it fall at the feet of Prime Minister Justin Trudeau and the federal government. They have been, at best, ambivalent about the project and then moved the goalposts at the last moment by asking the regulator to consider the impact of upstream greenhouse gas emissions.
The expectation of course from the federal government, and some powerful central Canadian interests, is that the west will just grin and bear this latest blow to our economy and our people.
That our taxpayers in Saskatchewan and Alberta will continue to send, without question, about $2.5 billion in equalization payments to help support Quebec that receives $11 billion in equalization per year and $1.4 billion to Ontario. All of this despite the fact that low energy prices have resulted in job losses and lower revenues for the last four years.
Something needs to change. For the west to continue on like this in our federal system is the equivalent of having Stockholm syndrome.
The decision by TransCanada to cancel the Energy East project was made because of a lack of interest and leadership – or worse, intentional decisions and policies of Prime Minister Justin Trudeau and his government. He should answer for this. He needs to be held accountable for this.
Please read the full news release here.