Pipeline Approval Doesnt Mean More Investment

While yes it is nice that approval has been given for the pipelines here in Alberta, that doesn't mean things are back to normal.  Far from it.

First, lets explain this.  The pipelines already exist.  They want to add to the existing lines to increase output.  Any jobs created are therefor temporary and need to get past the Indians first.  So MAYBE in 4 or 5 years the 2 lines Trudough approved might get built.

Next...Building the pipelines doesn't mean there is investment in the province.  Those pipelines are for already producing wells.  With the price of oil in the tank, Trudough can continue raping Alberta by increasing its output.

With Trump taking power, Canada expects a 1.5% hit to its GDP most of it being in the manufacturing sector in Ontario.  With GM laying off 600 people and moving operations to Mexico...Ontario is gonna be a whiny bitch.  With investment in Alberta gone, he still needs revenue.   The only way he can generate money now is to boost the amount of oil we sell.  So he approves expansion of existing lines taking the easy way out, this way he doesn't have to fight with anyone trying to get new lines built.  How can people really argue about something that already exists? 

So while eventually we will be able to ship more oil via pipelines it wont be for several more years, the construction jobs created are temporary and they do absolutely nothing to encourage investment in Alberta keeping Alberta under Trudough's thumb.  And Trudough makes himself look magnanimous and avoids any real work.  Just the way he likes/wants it.

But what does he know.  He has a trust fund, a silver spoon and rose colored glasses.  He's never had to work at anything and he's never applied himself.  He did as little as he had to and became a Drama Teacher.  OOOOOOOOOH!  Cop out.