OH NO! What Is Happening

Added: 2026-05-22

[00:00:00]Let's everybody just calm down and think our way through this logically.

[00:00:14]Danielle Smith and Mark Carney signed a deal between Alberta and the federal Liberal government and everybody seems to be quite shocked and upset by the entire thing. The hysteria that is running around over the whether or not the pipeline will actually be built is a bit of a shock to me if I'm completely honest. I think we need to look beyond the word pipeline to the actual nuances of the bill into the minutia as they say. There's a lot in this deal that switches the allegiance of many people up to now. And I can show you how the reality on the ground is much different than what the mainstream media is trying to push. In fact, it surprised Mark Carney even. Now, before I get into it, I want to encourage everybody to like, comment, subscribe, hit the notification bell, share this channel with all of your socials. I have memberships if you want to support the channel further.

[00:01:07]They really help me out. Okay, let's dive into this.

[00:01:11]I'm going to take you back a couple of days to when Mark Carney was doing a ribbon cutting at a mine in Quebec and he was asked by one of the mainstream media about an investor for the pipeline and his answer has got everybody thinking that it's proof that Mark Carney has no intention of building a pipeline.

[00:01:29]Before I let you hear the answer, I want to remind everybody that there is so much more at stake in this agreement than just the pipeline. I know we've been talking about it for years and so you think it's at the forefront and yes it is significant but the changes that have occurred are much greater than that and that is over 50% of the initial part of this answer.

[00:01:53]>> Let me say a couple things. One is that the theou with Alberta which is now an implementation agreement uh has moved to that phase uh has a variety of aspects to it. The pipeline is one uh interconnects with British Columbia is a big element here. Uh nuclear power pathways, change to changes to uh structure of the renewable markets in Alberta, changes uh to clean electricity regulations as well across Canada, carbon pricing, huge range of things, pathways, carbon capture. Okay. All of that, methane regulations, all of and all of it interconnected. So what you heard him say there was the things that have actually happened in the implementation agreement. Now the implementation the word itself for those of you that may not be aware means that they can get started. So Danielle Smith came away with that agreement ready to get shovels in the ground in a sense.

[00:02:43]There are things that she can do that have absolutely nothing to do with the pipeline. Right now there's a team putting together the designs on the pipeline. One of her ministers is running along the a couple of the chosen paths in her mind, seeing which one of the bands of the many bands that are along the way are going to agree or not going to agree and how they might be able to facilitate getting one band to convince the other band. How much of a percentage all of these things are being worked on right now for the July 1 deadline of turning it into the to the uh major projects office to see if the major projects will give it approval. Of course, Mark Carney will give it approval because he realizes that if he doesn't, his numbers are going to continue to tank. And as I've told many of you lots of times, Mark Carney cares more about his reputation than anything.

[00:03:31]Now that British, excuse me, Great Britain has collapsed, he has nowhere else to go. So, his reputation has to be maintained until he gets done with this little thing that he's doing with his life.

[00:03:44]So, much of what he just said was a repeat though, right? the carbon capture, the pathways, the changes to that. That was all one thing. And the pathways, of course, Brookfield is going to capitalize on it. And as I've said before, it was always about maneuvering, and stalling Alberta to the point when uh Brookfield was in a position to capitalize on it. So, they could get their investors and get their money pulled in to purchase the right stock and the right companies. Now, they're in a position where they're going to try to take control of the of the pathways. And we'll come back to the pathways. It's kind of significant. However, the other things that you heard him say where where the liberal were where the liberal government had authority changes to the clean electricity, changes to the regulations on the methane, changes to the regulations on the green renewables, excuse me, electricity. So those legislative changes that Mark Carney has the authority to do were actually what was in the way of some levels of productivity coming out of Alberta which makes the possibility of a pipeline. Now in terms of pipeline to uh uh to Asia um the uh we expect a private sector you know Alberta is the proponent of that or the and uh and to bring uh private sector uh engagement and and proponent to it.

[00:05:08]>> Everybody heard that stall and thought to themselves, oh there it is proof that he's got nothing to do but it's jurisdiction. He did never had the authority to fund an investor for Alberta's oil. The resources in this country are given to the purview or the jurisdiction of the province. It's Alberta's job to find an investor for the pipeline. What the Liberal government was doing was in putting in so many regulations that no investor would in their right mind come forward because they took a look at all the rules and said to themselves, there's just no way in the world. And then they tried it with the TMX and they could see how bad it was. Now many of those um restrictions or regulations have been altered with the stroke of a pen. Is there a road to follow? Is there things to happen? Yes, absolutely. But everybody is ignoring the AI. The AI is requiring enormous amounts of electricity. So does that mean Brookfield wants to position themselves to be a power generating station builder or owner? Probably. Everybody who right now, even the oil companies are thinking to themselves, where can I build a power station that's going to generate or provide the electricity for AI so that I can make get in on the AI revolution like everybody else? I mean, it's it's an enormous amount of money. And Danielle Smith has positioned Alberta to be in a place where they can supply all of the methane or excuse me, the natural gas to anybody that wants to build the power station inside of her province.

[00:06:39]So the investor on the pipeline is Alberta's responsibility. And what Mark Carney did was change the regulations to allow for the growth of the energy sector. One of the things that he did was under the old liberal under Trudeau's liberals, there could be nothing but wind or nothing but solar.

[00:06:58]And we all know that they don't work most of the time. So if you want to put in a solar project, you now have have the ability to have a natural gas backup. So they're merged. They're combined.

[00:07:12]That was something that that's when you hear Mark Carney saying we can't do it in you we can't be purists about it and do it in one generation. That's what you hear him saying because he has switched the the rules so that now there's always going to be a natural gas backup for wind or for solar. And that's got the people that are in the environmentalist camp quite upset. Steven Gilbo can't stand that stuff at all. Further, Danielle Smith says that the agreement allows for a port access in British Columbia. Oh, getting to the coast is is Alberta's responsibility. Negotiating the trade deal and all like the deal between her and the Alberta and the First Nations, that's all Danielle Smith's responsibility. And getting to the port, no problem at all. allowing tankers to come into the port is the problem. So she said port access meaning that they're going to have to lift the tanker ban off of the coast of British Columbia. And of course that's going to make David Eie want to jump up and down and cry and stomp his feet.

[00:08:15]But everybody needs to appreciate that in this situation, the First Nations bands are not these hunter gatherer walking around in leathers like everybody in the media wants to make you believe. These are educated individuals who want to make a little bit of money, who see the poverty and see the changes and they want to have a good standard of living. So they absolutely will be taking a cut of the pipeline. Even at the time of this, I believe there was only two or three bands that were holding out. So, they're going to be persuaded, no doubt about it, or they may be voted down. I mean, they they'll work their way through that. Everybody will get their cut, but in no way, shape, or form was Mark Carney ever responsible for finding an investor for the pipeline. No way, shape, or form was Ottawa ever responsible for finding an investor for the pipeline. It was always the responsibility of the oil of Daniel Smith and her cadre of oil companies inside of Alberta who are now talking to her just as easily, just as quickly about power generating stations for AI, which is really where the money is going to start to come from in just a minute now, any second now, cuz they can start that without worrying about the pipeline. And I'll show you just because I want to add to this. I want you to appreciate that the Liberal government is now feeling a lot of pressure to complete the pipeline deal to make sure that it happens. And I can show it to you because they didn't edit it out when Mark Carney made an appearance on the day that Mark Carney was to sit down with David Eie because David Eie has been whining about the entire process the whole time. I don't understand how David Eie is a leader at all. But I'll leave that to the side. He sat down in the morning and had one of these what they call the firesaw chats with the Vancouver Board of Trade, Greater Vancouver Board of Trade, and he was talking and he was saying a bunch of things. However, he mentioned the situation with Alberta and I want you to to listen to something because it's very significant. It indicates the temperature and the political feeling on the ground. As you may have heard, we're also advancing discussions on a potential pipeline to transport at least 1 million barrels a day of low emission Alberta crude to Asian markets.

[00:10:37]The pipeline will only advance Thank you. There we go.

[00:10:46]I'd like to welcome the pathways uh to uh this the pipeline will only be advanced with the following prerequisites being met.

[00:10:56]The first is the building and pathways renamed the oil sands alliance.

[00:11:00]>> So you heard everybody start clapping which of course surprised him. He was shocked by it, right? It caught him off guard because he felt that he was in Vancouver and British Columbia where everybody is against the pipeline. But the fact of the matter is is that the Greater Vancouver Board of Trade, where all a lot of money is, these are business people that are sitting down here, these aren't politicians. When they heard him talk about the pipeline coming into British Columbia, they all started to clap because they realized that there was money to be made and they will enjoy making that money and it will benefit them. Of course, Mark Carney wasn't prepared for that. And you could see his joke was all about, "Oh, I guess I brought in a lot of people from Pathways." indicating of course that Pathways is going to whoever's involved in the Pathways which is of course much of it is Brookfield is going to be making money off of this as well. So that's significant right because if Brookfield could make money off the pipeline that's running to the coast to the Asian markets and they already make a lot of money on pipelines guys so they don't have any you know environmental or ethical complaint with it. Don't don't let Mark Carney's position with Brookfield fool you.

[00:12:10]Meaning, of course, that Mark Carney's position will have to change so long as Brookfield is holding on to his strings.

[00:12:17]He will have to endorse this pipeline because the people that are telling him what they want from him are in fact going to make money not only on the Alberta Alliance Pathways thing, but on all of the oil that's flowing. So we have the people on the ground, Mark Carney's joke, we can see that no matter what his personal feelings on the matter are, the pipeline is going to be happening because there's a lot of money at stake. And the people that are now in a position to capitalize on it are Mark Carney's, let's just say, old friends.

[00:12:53]But I hear you out there. You're all saying, "Oh, no, no, no. The First Nations, they're opposed to it." And I I've known a lot of First Nations people in my life. They're usually capitalists.

[00:13:04]I I got to be honest with you. However, the narrative of the last 10 years is that the First Nations hates, you know, profits. So, let's just listen to one little other ripple in this u speech that he made. Secondly, it requires that British Columbombians British Columbombians should share substantial economic and financial benefits from projects that include or impact them.

[00:13:32]And thirdly, requires fully respecting Canada's duty to consult under section 35 of the constitution non-negotiable.

[00:13:45]And that includes whether to designate a project being in the national interest.

[00:13:51]That includes the conditions placed on the project and it includes ensuring indigenous economic benefits, partnerships and opportunities for co-ownership.

[00:14:10]So there you go. You heard the hoot and the holler and then you heard the clap.

[00:14:13]That undoubtedly came from people that were in the First Nations uh representation inside of the room, which of course there's going to be great amounts of them because, as I said, they like to do business and they're capitalists.

[00:14:26]So, what he said there was, "Don't worry about it. We're going to allow the First Nations to see if it's going to be approved by a nation building project and we're going to let them talk about what's going to bother them or not bother them if it's crossing their land.

[00:14:40]What they don't want to have dirty water and all the like of that. Of course, none of that's going to that's all that that's old thinking, right? It's not the 1950s anymore. It's clean on they're going to make sure that the First Nations individuals get a cut. Oh, good.

[00:14:55]So, we're having economic prosperity.

[00:14:57]We're going to get to be able to show up to work. A few jobs we'll get along the way, especially if it's on our territory and the money will flow and everybody will be content, except of course for Steven Gilbo and David Eie who are clearly being left behind by this new shift in the prime minister of Canada in his desperate attempt to try to salvage his reputation. He's not doing it for anything other than that. He's doing it.

[00:15:22]Oh, he might be doing it for the money.

[00:15:24]Absolutely. And that's something that as a nation we need to take a look at.

[00:15:28]Having the infrastructure built in place and having who's allowed to own it are two separate things. And whether or not we we want to look at any corruption that may or may not have occurred is something that we also have time to take a look at. But right now in Alberta, they have just decided to initiate all sorts of electricity generating stations to power the AI revolution that is coming. So that Alberta has positioned themselves to be in a in a spot where they can be providing the electricity, the the fuel for all the electrical generating stations that are not nuclear and all of the wind projects and all of the solar projects even if we stay inside Canada. And let's be straightforward, Canada needs those electricity generating uh you know those projects in great abundance. Yes, China and India will take every last drop of oil that we send them. And I've said it a hundred times, but the the idea of making more electricity across Canada, meaning more roads, meaning more houses, meaning more infrastructure, meaning more development, meaning more jobs, meaning more prosperity. Oh yeah, that's a great thing. And there's absolutely nothing in the world that is going to improve the standard of living in Canada more than having the ability to get jobs. So no matter which way you want to look at it and no matter which way Mark Carney's personal feelings lie, whether the pipeline gets sent to in uh excuse me to British Columbia in in 2027 or it doesn't get there until 2030 does not matter. What's the reality on the ground is that the corporations that are have been pulling on Mark Carney strings have decided that they want the development inside of Canada and that is going to switch his entire political alignment no matter if he likes it or not. When I hear people telling me that the pipeline's never going to be built, I just in my mind think that's just simply not the case. It might not be built at the timeline that you want it to be built at, but don't worry about it because there's now a lot of jobs that are being put on the table with all of this electricity development and the AI.

[00:17:36]So, if you're wondering how you can benefit from that, my first advice would be to learn how to swing a hammer or learn how to do any kind of manual labor because all of those jobs are not going to be able to be replaced by AI. And in the short term, they're going to be in great abundance. the requirement is ridiculous. So, put down the code, put down the laptop, and do all of the other things that you've been telling yourself and go figure out how to work a shovel, work a hammer, work a saw, weld, welding is going to be very big. Work on minor electricity, understanding the p like how those things work. These are all going to be very significant and in great demand. Then if you want to be in a position to capitalize on that, then I suggest you get started now because that is what's coming down the pipeline. That is what's on its way. And if they make a big hub about it or if it just happens quietly, it will not matter. The money will still be there. It'll be very real, very tangible. And the benefits for Canadians, though they might not be paying the federal government enormous amounts of money, they absolutely certainly will be benefiting the people on the ground with jobs and houses and schools and infrastructure and all of the things that Canada has been sorely lacking for all this time. That's my opinion. You can let me know what your opinion is down in the comments. I'm going to wrap here. Thank you for listening. I'll talk to you next time.