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Great White North
New Canada P.M. Wants to Cut Canada's Trade Balance
2015-11-16
Campaign promises often fall by the wayside once politicians make it to office, but not for Canadian Prime Minister Justin Trudeau. Less than a month after his election, Canada's head of state has put his pledge to ban oil tanker traffic into motion.
In a letter published Friday, Trudeau asked his Minister of Transportation to "formalize a moratorium on crude oil tanker traffic on British Columbia's North Coast," the Calgary Herald reports.

Such a ban could potentially shut down the controversial Northern Gateway pipeline, in which crude oil from Alberta would be piped up to north to British Columbia and then shipped overseas. A coalition of environmental groups and aboriginal advocates funded by American progressives applauded Trudeau's decision.
Canada, by a small margin, has a positive trade balance. But of the $438B in exports, $111.7B of it is petroleum based. That's one quarter of the entire economy on the export front. Looks like Canada is trying to commit economic suicide.
Posted by:Deacon Blues

#5  Does this Artic mean the very same British Columbia that was threatening in years past to secede from Canada + either join the US as a State or be a independent sovereign Country in its own right???

AND DOES THE YUKON + ALBERTA KNOW???
Posted by: JosephMendiola   2015-11-16 22:06  

#4  but Trudeau supports the Keystone pipeline

of course that one won't be approved by the USA until there is a regime change
Posted by: lord garth   2015-11-16 09:55  

#3  Because there'll be a test.........

In the Livermore Graph, the term 'Rejected Energy' is the 'waste' due to delivery, usage (poor utilization) and infrastructure inefficiencies.
Posted by: Mullah Richard   2015-11-16 09:12  

#2  The world's left is kind of suicidal on the whole carbon thing.

No they are not. They just believe that peasants should not enjoy such an extravagant life-style.
Posted by: g(r)omgoru   2015-11-16 02:48  

#1  Well, Deacon, this chart shows there is no way in hell we can power the USA by shutting down coal like Obama envisions. chart of US energy flow for 2014
The world's left is kind of suicidal on the whole carbon thing.
Posted by: 3dc   2015-11-16 01:31  

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