When the Energy East was canceled by Trans Canada Pipelines, the country that benefited most was the US, the biggest oil exporter to the east coast. The biggest victory was gained by the big US Environmental groups, who spend millions and brag about upending Canadian Governments.

….related from Michael: Canada’s Losing as a Place to Do Business

Was it oil prices or regulatory burdens that made Trans Canada abandon Energy East? Well, changing the approval process after the Company had spent 100’s of millions of dollars certainly changed the risk to reward calculaton, plus introduced more uncertainty to the project. 

The Anti-Oil Anti Resource crowd is de-facto Anti-Healthcare Funding, Anti-Old Age Security, Anti-Subsidized Daycare etc. Not one leader who opposed the use of oil has put forth any realistic solution to funding the increased cost of Government. Kinder Morgan alone was estimated to put in 47 billion over the next 20 years!

….also Michael’s Weekend Editorial: Revenue Canada To Get Tougher & Stronger