The most uncomfortable fact for pipeline opponents is that, for the First Nations groups who live along the Coastal Gaslink and Kinder Morgan pipelines, it’s all about a generational opportunity to alleviate poverty and raise the standard of living on reserves. That used to matter to the progressive left but obviously not any more.
Have you noticed that pipeline opponents never mention the First Nations who strongly support the 3 pipeline pipeline proposals in an effort to alleviate poverty on their reserves. Not a word, not a mention – big environment and their political stalking horses pretend they don’t exist.
When unintended consequences are so clearly obvious – there is no other conclusion to reach but that governments are incompetent. And the interventions in the real estate market by all three levels is proof of that.
Famed economist, Thomas Sowell once said, “I can’t think of a more stupid or dangerous way of making decisions than by putting those choices in the hands of people who pay no price for being wrong.” Unfortunately with Bill C-76 Canada came up with a more stupid and dangerous way.
Call it astounding, shocking, incompetent – despite rising deficits, unfunded pension liabilities and escalating healthcare costs, Canadian governments have focused on derailing two of Canada’s most important industries resulting in major job and revenue losses.
Efforts to improve society and our quality of life are hindered by the unwillingness of our political and media leaders to understand the impact of economics on every facet of life. For example, poor performing markets impact retirement, and a low value Canadian dollar impacts wages and consumer costs.