While the government promises rapid support when other industries run into trouble, Trudeau and the Liberals stand aside and watch as the oil industry fights to survive.
The Alberta government is planning to buy 7,000 rail cars in an attempt to alleviate the brutal price differential that is having a devastating impact on the Alberta energy industry.
Meanwhile, the Trudeau government is standing by and ‘watching carefully,’ AKA doing sh*t all.
Trudeau doesn’t care about helping the Alberta oil industry, in contrast to his attitude towards other provinces when they struggle, particularly his repeated willingness to bailout Bombardier.
Alberta Premier Rachel Notley pointed out that the purchase of rail cars is only a short-term solution:
“Don’t mistake me, this is not the long-term answer. New pipelines are the long-term answer. More upgrading and refining, as I said, is the long-term answer. Additional rail is only a short and medium-term measure. But until pipelines are built, we need to move more oil by rail.”
Initial reaction to the move from some analysts has been positive. However, the long-term problem will only get worse considering that Trudeau’s Bill C-69 will make pipeline approvals nearly impossible, and will further drive investment out of the industry.
And notably, Trudeau had earlier said he opposed the idea of transporting more oil by rail. So, Trudeau is rejecting pipelines, and then rejecting solutions to problems caused by his rejection of pipelines. Could it get any more obvious that he wants the industry to collapse?
People can see that the Trudeau government has abandoned Alberta.
Long-term recovery can only happen with the defeat of the Trudeau Liberals – who are more interested in virtue-signalling for their globalist pals than they are in supporting Canada’s energy industry.