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Keystone XL project officially dead – Alberta taxpayers out $1.3 billion

TC Energy announced Wednesday it was shutting the project and Alberta Premier Jason Kenney said his government has reached an exit agreement with the company, leaving taxpayers on the hook for $1.3 billion.

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Alberta taxpayers are out $1.3 billion after plans for the Keystone XL pipeline project were officially shelved.

TC Energy announced Wednesday it was shutting the project and Alberta Premier Jason Kenney said his government has reached an exit agreement with the company, leaving taxpayers on the hook for $1.3 billion.

Kenney gave the company a $1.5 billion cash investment and another $6 billion in loan guarantees in the hopes the project would move forward with the expansion of the project through the US.

The taxpayer’s cash was thrown in despite the fact Democratic candidate Joe Biden said he would revoke the pipeline’s permit on his first day in office, if elected.

Well, he was, and he did.

“We remain disappointed and frustrated with the circumstances surrounding the Keystone XL project, including the cancellation of the presidential permit for the pipeline’s border crossing,” said Kenney in a Wednesday statement.

“Having said this, Alberta will continue to play an important role in a reliable, affordable North American energy system. We will work with our U.S. partners to ensure we are able to meet U.S. energy demands through the responsible development and transportation of our resources.”

As to why they invested in the first place, the province said: “Alberta’s government invested in Keystone XL because the project aligned with the province’s long-term economic interests. The pipeline’s completion would have led to higher prices as well as increased volumes of oil sands crude production, generating at least $30 billion in increased royalties over 20 years for Alberta taxpayers.”

To date, roughly 150 kilometres of pipeline has been installed in Alberta, employing more than 1,600 people during peak construction.

“We invested in Keystone XL because of the long-term economic benefits it would have provided Albertans and Canadians. However, terminating our relationship with TC Energy’s project is in the best interest of Albertans under current conditions. We remain undeterred in our commitment to stand up for Alberta’s energy sector and the hard-working people it employs,” said Energy Minister Sonya Savage.

TC Energy swung to a loss in the first quarter, hit by $2.2 billion (US$1.81 billion) impairment charges related to the suspension of the Keystone XL project.

“We value the strong relationships we’ve built through the development of this project and the experience we’ve gained. We remain grateful to the many organizations that supported the project and would have shared in its benefits,” said TC Energy’s president and CEO, François Poirier.

“Through the process, we developed meaningful Indigenous equity opportunities and a first-of-its-kind, industry leading plan to operate the pipeline with net-zero emissions throughout its lifecycle. We will continue to identify opportunities to apply this level of ingenuity across our business going forward, including our current evaluation of the potential to power existing U.S. assets with renewable energy.”

Attorneys for 21 states have lined up and are suing Biden over his cancellation of the Keystone XL pipeline.

Dave Naylor is the News Editor of the Western Standard
dnaylor@westernstandardonline.com
Twitter.com/nobby7694

Dave Naylor is the News Editor of the Western Standard and the Vice-President: News Division of Western Standard New Media Corp. He has served as the City Editor of the Calgary Sun and has covered Alberta news for nearly 40 years. dnaylor@westernstandardonline.com

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2 Comments

2 Comments

  1. berta baby

    June 9, 2021 at 4:12 pm

    Hurrah Jason Kenney!! Well done on this one bud! Someone told me you live and breath politics and you always are doing internal polling and that’s how you proceed…. and I laughed and I laughed…. Jason freaking kenney!? I exclaimed…. that dip shit couldn’t find his ass if he used both hands, and his ass!

    He’s the only guy who could sink a boat on dry land. Glad to see he dumped more money into blue hydrogen what could possibly go wrong?

    At this point he probably should just put whatever money Alberta has into bitcoin like El Salvador, can’t be risky’r than anything g else he has lost money on …. which is everything

  2. Nele

    June 9, 2021 at 3:27 pm

    Good job JK

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News

Edmonton anchor fuming after pride flag ripped down

Karstens-Smith said she has called police and urged people to share her post so the culprit can be found.

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An Edmonton news anchor is furious after a Pride flag was ripped down from its pole outside her home.

“I am LIVID right now,” tweeted Breanna Karstens-Smith, a Global anchor.

Karstens-Smith

“This just happened at my house. Someone came and tore down our Pride flag. No one touched it for a year when it was a Canada flag but now that it’s for pride this happens.

“THIS IS WHY WE NEED PRIDE MONTH.”

Karstens-Smith said she has called police and urged people to share her post so the culprit can be found.

Pride flag torn down

“And they are greatly mistaken if they think we’re not putting another one up. Ordering a new flag pole now. Flag is thankfully fine but we got it from @thequiltbagyeg and would love to see more in our city,” she tweeted.

“Our flag is back up and our house feels right again. Thank you for the kind messages of support. The best part is hearing from people now putting up their own flags. I’d love to see photos of them. Happy Pride.”

Dave Naylor is the News Editor of the Western Standard
dnaylor@westernstandardonline.com
Twitter.com/nobby7694

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Regina chamber CEO calls COVID-19 protesters ‘narrow, dimwitted, racist’

“I personally do not support the anti-mask movement at all. I find their views narrow, dimwitted, racist and teetering on the edge of outright lunacy,” said John Hopkins.

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Regina Chamber of Commerce CEO John Hopkins denounced COVID-19 protesters and their message in an email sent to the organization’s members.

“The anti-mask group in Regina are a very small but loud group. They have been protesting for months. They believe that they have a right to not wear a mask,” Hopkins wrote.

“Some are of the view that there are tracking devices in the masks and still others believe that this is a global conspiracy.

“…the anti-maskers have crossed the line. They have been harassing business owners, people on the street and now their latest target, kids at schools. In my opinion targeting kids is too far, way too far.

“I personally do not support the anti-mask movement at all. I find their views narrow, dimwitted, racist and teetering on the edge of outright lunacy. They certainly have the right to say what they want but the same rights and privileges extend to the rest of us….

“Racism is a vicious challenge that we need to address as a country, province and community. The time has come to act and stand up.”

The Western Standard asked Hopkins what harassment had occurred in Regina.

“There’s a candy shop on 13th Avenue,” Hopkins said.

“The business owner asked them to put on a mask and they refused and business owner refused to serve them.”

The incident from May 26 was watched almost 30,000 times on a YouTube video. The would-be customers were standing outside on the deck of the business across from the serving window.

“There has been some altercations between anti maskers and other people, actually on the street, I believe on Albert Street,” Hopkins said.

“And throughout the course of the last 14 months on, generally speaking, it’s just been people on the side of the street.”

Hopkins’ accusation of racism concerned comments made about Saskatchewan’s Chief Medical Officer, Dr. Saqib Shahab.

“There were some very troubling remarks about Dr. Shahab that the premier addressed. We were quite concerned about that… as well as other sort of comments on telling people to go home and that type of thing on some of the signs.”

At a December 14 press conference, Premier Moe said the “end was in sight” for COVID-19 restrictions, but he was “embarassed” at “racist”,”foolish”, and “idiotic” comments made by a protester at the legislature. In a video posted days before, a man tried to say Shahab’s name a few times unsuccessfully before commenting, “can’t get these foreigners’ names right.”

Regarding students, Hopkins said, “I’ve heard that they were at a school and that they were talking to kids at a school this past week….and parking in the school parking lot….I just think going to the school is a bit much.”

Hopkins said masks help.

“It blows my mind that somehow when the Chief Medical Officer – not only one, but many across the country, and in fact, globally – are saying, wear a mask, I think it’s pretty straightforward wearing a mask is one of the things that can help people stay safe…Even though we’re making headway against the virus, it’s still out there that masks aren’t doing anything. And I find it just bizarre.”

The email was posted on the Freedom Alliance Facebook page by Kevin Volk.

“Check out this crap that was sent to me,” Volk wrote, urging people to phone the chamber to express their displeasure.

Volk told the Western Standard he had a cleaning business and had been a chamber member “for well over ten years.”

“This is just another slap in the face for business owners. The chamber has been pushing for businesses to remain closed even tho they are supposed to help businesses. They have done absolutely nothing for small businesses owners,” he said.

Dave Naylor is the News Editor of the Western Standard
dnaylor@westernstandardonline.com
Twitter.com/nobby7694

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Canadians hit with millions of dollars of COVID fines

Cabinet tabled in the Commons detailed enforcement actions under the Quarantine Act.

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The feds have issued tickets for close to $3 million for COVID-19 scofflaws who have refused to quarantine at hotels after arriving back in the country, says Blacklock’s Reporter.

Other tickets handed out include fines for fraudulent COVID-19 test results.

Cabinet tabled in the Commons detailed enforcement actions under the Quarantine Act.

“I think it is important that we adhere to the public health advice that we are all getting, that we do our part as Canadians to try and protect our health care system,” Health Minister Patricia Hajdu earlier told reporters.

Records show a total 988 air passengers were each ticketed $3,000 for “refusing to go to government-approved accommodation” on arrival in Canada. The majority of tickets, 621, were issued at Toronto’s Pearson International Airport followed by Vancouver (194 tickets) and Montréal (173).

Cabinet on January 7 passed an order requiring all air travelers to prove they were COVID-19-free with tests taken a maximum 72 hours prior to arrival. An identical order for cross-border drivers was invoked February 22.

The Canada Border Services Agency found 62 travelers with fake tests, said the report, and four were each ticketed $3,000.

Another 9,003 travelers were cited for not having proof of a valid test, including 4,583 drivers and 4,420 air passengers.

“This would include individuals who did not test at all, who were in possession of tests outside the required 72-hour time frame, tests that did not originate from the required country of origin, tests that are suspected fraudulent and other reasons,” wrote staff.

Public Safety Minister Bill Blair defended the enforcement.

“Cancel your vacation plans,” Blair told reporters February 12.

“Stay home. Respect the rules. We believe that through these effective measures, appropriate screening and the testing measures in particular that we have put in place coupled with robust and enforced quarantine orders, it is the best way to prevent variants from spreading across our borders into Canada.”

Dave Naylor is the News Editor of the Western Standard
dnaylor@westernstandardonline.com
Twitter.com/nobby7694

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Petition: No Media Bailouts

We the undersigned call on the Canadian government to immediately cease all payouts to media companies.

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No Media Bailouts

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