Canada and Alberta strike new partnership to lower emissions

So the world is changing rapidly. The United States, the world's largest economy, is fundamentally reshaping itself trade relationships, causing major disruptions and uppeople for Canadians. It is time to transform our economy from one that is reliant on a single trade partner to one that is stronger, more independent,

resilient to global shocks. To these ends, Canadian Canada and Alberta shared the same ambitions to diversify and export markets, make Canada an energy superpower, and build a stronger, more sustainable, more competitive economy. So Mark Kartney and Danielle Smith on November seventh, November twenty seventh signed a deal with this

memorandum of understanding. This framework is an agreement will strength strengthen a federal provincial collaboration in the energy sector to achieve a net zero emissions by twenty fifty, unlock the full potential of Alberta's energy resources, and create hundreds of thousands of new, high paying careers for Canadians. The MoU is built on practical solutions, a stronger effective, more industrial carbon pricing, major private sector investments, clean technologies, and expand

the responsiveness and development for workers and communities. So let's go down here. The Canada energy sector will reduce emissions and deliver sustainable economic benefits including a more than sixteen billion dollars GDP and more than thousand, forty thousand jobs annually. Upon receipt of the proposal from the Government of Burden, the Government of Canada will provide a clear and efficient proofal process for building Canada Act for Construction of a

new pipeline. Ah, there it is, and that's what we're looking for, folks. Construction of a new pipeline of the pipe to be financed and constructed by the private sector with Indigenous people, people's ownership and benefits. It would transform at least one million low emission barrels per day to asing markets. As a priority. As a prerequisite to this project, pathways plus means Alberta would export more some of the lowest carbon intensity oil produced in the world.

So one of the problems with this whole proposal, and we're going to actually hear Mark Karney as he has spoke at the I believe it's the Calgary Board of Trade about this particular project. Hey, I understand how Alberta being all on Boartant because hey, it's a great economic development for them, and hey, the to be totally honest with you. It's low risk for them because British Columbia takes up all the risk. British Columbia takes up the

risk of the leaks and spills from the pipeline. British Columbia takes up all the risks for the tankers that are going to ship the beachamen across the Pacific to Asia. They take up the risks for that if if a tanker spills, it winds up on the Pacific coast of British Columbia, not Alberta. There are many, many problems with what they're what they are proposing, and there are a lot of benefits to it, because hey, right now Alberta

can only ship they're oil to one customer, the United States. Well, that just simply isn't good enough. Because we have Donald Trump down there. He's disrupting everything, trade agreements and whatever. We're all seeing it. And his major tool for Donald Trump is his major tool is disruption. What he does is he takes that he disrupts everything so that he can come out on top. Notice I said he can come out of the top, not America come out on top.

So there is no real benefit to Americans, there's only benefits to Donald Trump. But with all that put aside, the pathway that Alberta expects the tankers to go is troubled waters. The pipeline itself. All pipelines leak. There is no such thing as a pipeline that does not leak somewhere there it leads behind some environmental damage and that has to be worked out. That also has to be worked out so that it's done within stewardship and in accordance to the traditional lands that it is going to

cross for the indigenous people. There are a lot of things that need to be settled before they start putting this pipeline together. This isn't a new project. This is a rehashed project that was that was first when they tried to put put it across as the tnx or trans Mountained Expansion project was fought back by UH Premier John Horgan that hey, there's a lot of problems, a lot of environmental problems with it and those things need to be fixed before they bring it across British Columbia.

And when I talk about trouble waters, I do mean trouble waters the path that they want to bring the tankers down through the coastline or along British Columbia that we bring it between the Golf Islands and the end the mainland for British Columbia is trouble waters. They need to to divert that so that it goes the other way, and it's a more x more expensive, maybe a longer way of routing the tankers that it actually cross does

does before it hits the inner National waters. Those tankers will probably hit the United States waters first, causing a

possible tariff. There are some problems in either direction whichever way we bring bring the tankers in, but we need to think about environmentally first that if you bring the tankers through on the roughest waters uh as as it comes between the Gulf Islands and the mainland British Columbia, if something spills that miles and thousands, I mean thousands of miles of coastline are affected by a tanker spell.

If it happens that there are coastal towns that are dependent on tourism, and hey, I live in one of those towns. We are broadcasting from one of those towns that would be drastically affected by coastal damage. If a tanker was to spell on it because it will wash

straight up onto that coastline for British Columbia. And as yet we have yet to hear anything about how this is going to be dealt with, who's going to be responsible for cleaning it up, who's going to pay the bill to clean it up, and how will the coastal businesses are dependent on that tourism while it is being cleaned up, are going to be compensated for the loss of business. There are no mentions about this. This is

all happy, happy. We're going to sell oil to Asian companies or Asian countries I say, like China and in Korea or or Vietnam or someone like that that that are desperate for a cleaner and an easier processed crude oil product like Alberta beechamin. It isn't it isn't that we need to shut something down because it's a waste,

a waste of time and money. It is a we need to rethink the path that we're taking for the products so that we don't wind up with a dead coastline that the coastal animals like the whales, the or the seals will be drastically affected, the businesses being affected by the coastal shutdown, because hey, you can't walk on a beach that has crude oil on it, and how much of that coastline is actually going to be affected and how it can be quickly contained so that the

containment minimizes the effects of the damage. So with that all that being said, we're also going to hear from in the in this episode, we're going to hear from Elizabeth May, who is MP on the Coastal Islands of British Columbia, and we're also going to hear from David Eby, the premiere of British Columbia, who has quote unquote called this pipeline a pipe dream. So why don't we get started and let's hear from everybody as it falls down with starting from Calgary and moving forward from there.

like to welcome Meri Farcas. My dad can't lose weight with tai chi, so it's a scam.

new hospitals, public transit, recreation facilities, arts centers. We've created a new fifty billion dollar Build Community Strong fund in the budget, and through Build Canada Homes will work with municipal municipalities to supercharge housing construction, including new factory technologies such as those pioneered by ATCO and others that cut building times by fifty percent, reduced costs by twenty percent, lower emissions by twenty percent. And this work is already

getting under way in Alberta. In Edmonton. Yeah sorry, in Edmonton you started clapping for Emonton. That's good, that's good. Let the let the records show this. You see, cooperation is if it's infectious. And now Calgary and Edmonton are cooperating. Okay, I don't want to get carried away, but I just I want to point out that this we've started this process. Build Canada Homes has started one of its first developments. I mean, then we just set up this agency. We're

just in the process. They're building over three hundred and fifty homes on the village at grasbaud Pondon, New Country Zone, che New Diversions, Amatier Dexpota, don Vestsman del mondonci U Teblisson at the Nouveaux Pats Fiab, Double Nose, Exports as Uni oh Gola, Prussian Destiny, So Repressant, Twist Mill, the Nouveau Command Plerizos, the Technology de la Cospertis Canadian, the

Nouveau Jos DC and Alberta de patsu Or Canada. We're focused on new partnerships abroad so that we can double our exports over three hundred billion dollars more in the next decade. In the past six months, we've made deals with the EU, with Germany, with Sweden, with Indonesia. Last week we agree to launch ambitious free trade talks with

India and the United Arab Emirates. The UAE also committed to invest seventy billion dollars seven zero billion dollars in Canada, a powerful vote of confidence in our economy and the largest foreign direct investment commitment in Canada's history. And you know, many of the decision makers there. Well, I'm very confident this room can help put that money to work for the benefit of Canadian workers, Canadian economy and yes, the

United Arab Emirates. You know, as today's agreement a tests, we know that it's not just about what we build, it's also about how we build. Building inclusively, full partnership with First Nations, Inuit in Metzi, new batsiljon On Salad Andre de Bonzonois sandi Qui, vascular period exceptional forle Mechi especially. I had the pleasure after signing the m o U to go to the iron workers one seventy one seventy two. The next decades are going to be an incredible time

to be in the trades. New Basio de Mania, d'urrab on, Metzon, Laxang, Transport de Lodgement, Landrosti, Manufacturer a Fan de ren False not competitivt Pasco, Daxon, Neon de Bois, Mortal Citosi and impetitive. Economy will build sustainably, but above all, we will build by buying Canadian We will be our own best customer. When we build new ports, new mines, millions of more

homes will build Canadians, Canadian workers, Canadian steel, Canadian lumber. Now, before concluding, let me be clear that to catalyze the types of generational investments we need to grow our economy, we also need to transform government to make it more efficient and more effective. And that's why the federal government

spending less so the Canadians Albertans can invest more. You know, we've just come through a decade during which federal spending grew more than eight percent year over year, twice the rate of growth of our economy. So we are slashing direct program spending. We're slashing that growth to a little more than half a percent. Actually it's less than half a percent annually. Over the next five years, we are

we're taking tough decision. We're reducing the size of the public service by ten percent, We're cutting management consultants by twenty percent.

deficit in three years. And while we do that, we will double the proportion of investments relative to our spendings going from the historic average of four percent to nine percent in just five years represent plu de gatz sen million den small capita sosenko pazzi is o visti small

previ dona Canada. Well so the orders of magnitude of that, which include all of the tax credits, which of course depend on the extent to which this room and others like it invest in the country, is four hundred and fifty billion dollars over the next five years for investment in this country. That helps catalyze much larger private investment. Now, the other aspect of what we're doing before I conclude is that while we invest in the future, well we

right size government. We will protect the essential social programs that give every Canadian a fair chance to get ahead, and then includes childcare, dental care, pharmacare, the National School, the National School food program, as well as health, education and social transfers to the provinces and territories. Must there was going to be a conclusion to speech. I'm now at that point, and then we got to have a conversation. Look, the world's changing, including the US, and there are two

potential responses to US tariffs. One is to hunker down, slash the deficit, turn inward. In the words of the tragically Hip, wait for the trickle down. But that would mean getting rid of our key social programs, not investing in what we need now, and pursuing nostalgia as a strategy. The other option is to take risks to invest boldly in our future, as Albertans have done throughout their history. You know, I was born just north of the Alberta

border in Fort Smith. When I was born, the oil sands were just a concept, a curiosity to most but a few dreamers and builders. But even before I got my learner's permit, by the time I got to Junior High in Edmonton, the oil sends had been transformed into one of Canada's largest industries through the brilliance of our scientists, the drive of our entrepreneurs, the support yes of our governments,

and above all the dedication of skilled workers. But a similar point, that's the scale of what we can achieve together now. You know, we used to explore in this country. We will chart new courses again. We used to build in this country. We will build big, we will build fast, we will build bold again. We used to take risks in this country. We will step up to the plate again.

I'm grateful to Premier Smith, to Larry, to her team for working hard to create these new opportunities for a stronger, more sustainable, more prosperous Alberta in Canada, and knowing Alberta as I do, I'm confident, I'm excited that the people in this room and those you represent will take up this challenge to build together with our neighbors with First Nations, to the benefit of all. It's our country, it's your future. We are taking back control to build Alberta strong, to

build Canada strong. Thank you, he MESSI will be thanks.

need is some element of de risking. Are you saying that there is no room for the government to de risk something for a period of time in order to attract the private capital that's needed for a project like that.

Alberta providing clarity in terms of the industrial carbon price through the tier system, US providing clarity, Alberta providing some MULCO support in terms of some of the economics around pathways. On top of that, we've got clarity and I think clarity, but probably not as deep appreciation. Understandably, not everybody reads every word in the budget and sometimes good news takes

a while to travel. But clarity around just how attractive it is to invest in Canada now, so the tax elements that are there, but you know, in the essence, the Asian Pipeline will be a private sector project and providing the framework for private proponents to make those decisions again in partnership with First Nations and with benefits for British benefits for British Columbia, something obviously we have to

work out. I mean, probably one other area where we're providing clarity or least policy that's relevant is we have billions of dollars set aside for Indigenous It's called Indigenous

Loan Guarantee. It's a bit of a misnomer because effectively it's financing indigenous people's equity ownership in projects, and the headline number is much smaller than the scale of the investment that can be done because of course it's repayable loan, and then you end up with the equity you see, you're way ahead of That's all your old Goldman Sachs

training there. So there's a huge element of both financial incentives that pre exist in and around plus the regulatory clarity that are there too, And we're going to find out the extent to which there is there's private appetite for this.

fill those pipes. And you're talking about one point four million barrels a day, and so that's been the piece that's been missing as well. So it's a chicken and egg thing. We need to get to the production to increase to fill a pipeline.

Certainly we see it in gas, but we also see it with the experience through trans Mountain and that provides a line of sight to potentially different additional off takes. Look, I would I would make a general point just give given the audience, which is that the world wants to diversify, the world wants to diversify, everyone's taking the same lesson, and the world wants to do more business with Canada. So we have an opportunity to provide that.

other aspect. Why I think it's important is this is one of the largest renewable investors in the world, the UA through Mastar. This is a country that just rolled out base load over one gigawatt of solar that is competitive, in fact more than competitive with their grid price. So the level of expertise in and around storage, which will

be relevant as we build entertize. Larry knows this and the interest in what we're doing here, not just in conventional oil and gas, as important as that is, but also in pathways in nuclear hydro obviously entertize all that there's an interest and expertise that is complementary. So I think it's quite significant. There are other examples of that, and most countries will not because they don't have to put a specific number on what their commitment is. But I think it tells us a lot.

of that. Critical minerals are part of that both and I would say I'm going to grossly simplify in terms of energy conventional energy, energ and oil, low carbon oil. Those will put up big numbers on exports. They will, and they plus critical mineral roles will help unlock deeper trading relationships with big economies. Critical minerals are important. They're critical by definition, but they're not that big in terms

of the size relative to the economy. But they are strategic and they unlock broader partnerships and we want that for everything else that we produce, and and the next phase of the evolution of Alberta in Canada.

much tax advantage in order to do it. But it also goes to what Ovik was talking about, and as part of the MoU on sovereign data, so building out a data architecture and intelligence architecture here, we don't want to just do that for the Hyperscalers, the US hyperscalers, right. I mean, we've got some of the best AI expertise in the world right here in albert I believe it's in Edmonton, but there's some here as well, Yes, maybe

as well. And we want our local we need They can get starved on the vine, if you will, by not having access to that infrastructure, So we want to make sure we do it in a way that helps build it. So's it's another example of processing and that's where we get the outside benefits for Canada.

includes all data infrastructure, includes associated software and others. So you're it's very attractive for companies who are applying, so to speak. To do that, I think we need to do a lot more because in the end, what we need as a country is mass adoption, mass diffusion of AI.

That's what's going to give us the productivity benefit. Yes, we want champions in the sector itself, but it's really just the familiarity of working with it on a reference point where at about we're in the low thirties of people who use AI. I'm not going to ask for hands up how many agents you have and use. But you know, we're not as high as we'd like to be.

We're more or less level with the US. But if you look at the top adopters, which actually the top is the UAE there at sixty five percent, Singapore would be close. We have a lot to do for that, and some of that is, yes, it's the tax system, but a lot of it is going to be training in a way that's continuous.

billion dollars between now and the end of the decade. Now, as much as possible, we will concentrate that on areas where there is dual use applications AIS and example, critical minerals is another example, decarbonization. A number of those technologies are there. We're setting up a new research a DARPA equivalent,

something called Borealis, which will have additional funding. And the other thing we're doing in university presidents or faculty or if you know anyone, if you're on the board, one point seven billion dollars to attract the top thousand researchers including their teams to Canada, Okay, plus matching one h one b visas as well.

the musure? Okay? Exactly? Yeah, but you know what we're what we're we have this opportunity as a country in life science, is in AI, in engineering, in I mean effectively, the components, the building blocks, many of these are the building blocks who being the next phase of an energy superpower?

we want to go out and get those. And of course we're going to let the universities really drive who they bring in last point, But universities operate in an ecosystem, and you have businesses and other stakeholders and people on the board who will help set those priorities.

but also the innovations that we've done. We have one of the cleanest grids in the world eighty percent plus clean power across the country hydro nuclear at the core of that. We have the ability to double, possibly triple

that over the course of the next fifteen years. One of the things we're going to be working with the provinces is how to do that and how to do that together in a most efficient way, and then it goes to a host of clean tech elements that are there many developed here, whether it's pathways on hydrogen or developments on hydrogen, whether it's developments in biogas, renewable natural gas, those aspects. I mean, there is a long list of

elements for it. The organizing principle we have on it, or at least I have, is that it is going to be increasingly relevant. I can't tell you exactly when, but it's going to be rely relevant. Not just the cost of energy, the delivered cost. The energy security element, in other words, is a low risk Are we reliable? We are reliable people, but also the carbon component of

the energy. That's why we like pathways. That's why pathways is important because it helps lock in the lowest risk, one of the lowest marginal costs, and then the lowest carbon delivered oil. You'll see that the LNG projects that we're backing as national projects, they are top quartile or top decile in terms of the lowest emissions LNG. They

benefit from the hydro system. All of the critical mineral projects and the mining projects we've backed are net zero or near net zero, and this stuff like in some jurisdictions it matters now and others is going to matter in the future. And we've got all the component We in Canada have all the components of that. So that's a long answer because there's the aspects of being a superpower. And it also goes back to this basic point that

we need to diversify. You referenced it in your remarks at the start, just how much the province has diversified, how much the city has diversified. This is the next phase of that transformation.

power plan, to whatever. And it does require doing something tangible in the interim, which is why it took the moment to the Mari and I talked about this before. It's why I took the moment to talk about what we're going to do on community infrastructure. We need community infrastruc you know, hockey rinks matter, art centers matter, light rail transport matter. Investing in that and us investing. Our big thing is build Canada. You probably caught that Canada Strong.

We want people to see that we're building Canada owner in their neighborhood, in and around Well, we're saying that we are building Gray's Bay Port in Nunavate, which is going to open up opportunities. Well, we're building, Well, we're building what we were We've decided you know to work together today with Alberta because most people won't see that. They will benefit from it, absolutely benefit from it, but they will see what's happening in their neighborhood and they

deserve to see us building together. For that.

people to help build Canada strong. How's that going to work?

multiple things. One we need to talk about it virtually every time I speak. I say this point, which is true, is we are going to create hundreds of thousands of careers in the trade. It is going to be a great time to be in the trade because we're going to build for twenty five thirty years. This is the point. And then you know those who come after us. I'm sure we'll build more. But getting people to understand, young people to understand this is great. I'm going to move

into a career first point. Secondly, we are going to and you're going to see more of this, and we'll do it with the provinces as well. Is to work with the unions, their apprenticeship programs, work with the post secondary inecution, whether it's Mount Royal Nate say examples for the apprenticeship and the trade building as well, and then also have some mid career programs so that people can

switch over into that. So a lot needs to be done to create the training capacity, but it starts with creating the demand and making it clear that we are not messing around. We are going to build big. Because we're going to build big and build often. There's great opportunities.

pierre couge. Imagine, we knew, we had a lot of advance notice that there there would be some kind of memorandum of understanding between the Government of Alberta and Premier Daniel Smith and Prime Minister Mark Carney. But this is simply unimaginable. This is a betrayal of so many different values, so many different agreements, so many different orders of rights and existing Canadian law. It completely sets the stage for the complete abandonment of Canada's climate policy.

as well as Canadians from coast to coast. What this accord does is give a fast track to massive industrial projects, some of which are unlikely to work but waste a lot of money, some of which may work but will not help the climate crisis, and others that simply make no sense. No set protocol via LANDSTRI, Nuclear LANDSTRI, dan fossil vere Kelco Group de de Desentistria via Lacion dedis don Constitution to Canada, PUOC don quel d COO pat Canada.

We're looking at an agreement. Let's start with the things that don't make sense. Just on November seventeenth, the Prime Minister confirmed in the House of Commons, in response to my question, not just to me but to all Canadians, a commitment to the Paris Agreement. The stay is far below two degrees celsius possible. This agreement is premised on net zero by twenty fifty, as though they are the same things. They are not. Net zero by twenty fifty

is a fraud. It always has been, because in order to avoid catastrophic impacts from the climate crisis, emissions need to be reduced quite sharply and yesterday. But certainly the dat limite the de MIAs saint cent siboxcept do pasco, says Don Lavanie. It's Clay l Lavenill. It's too far in the future. Twenty fifty is not a date that

shows up in the Paris Agreement at all. We are committed as a country to forty to forty five percent reductions below two thousand and five levels by twenty thirty five. So everything about this agreement, the notion of net zero zero dc dimian sent in it, but sible acceptation in it,

but an ex don la core de Paris. So that's the first point we need to ensure we're meeting international law, which is the Paris Agreement, and for that matter, we also have to meet domestic law because Canada has the so called Net Zero Accountability Act that requires that Canada have emission reductions by twenty thirty five. The plan to achieve those under domestic law is due in February twenty twenty six. This blows a hole through all of that.

If we were serious about building an oil pipeline to expand production of the dirtiest of forms of oil, which is bitchamin from the oil Sanse of Alberta. It is also absurd in that it speaks of something that can't exist, and what can't exist is a bitchumen pipeline. I say that not as a political statement, but as a physical reality, that bitchumin is a solid and can't flow through a pipeline.

That's why the substance that moves through the Trans Mountain pipeline isn't solid bitchumen, but diluted bitchumen, which makes it a far more dangerous substance and makes it impossible to clean up in the marine environment. So I don't know why any written documents signed by a Prime minister in a premier would refer to a bitchumen pipeline, but for a moment, imagine they actually want to move solid bitchumen to the BC coast. That's easy. The infrastructure exists now.

If you want to move bitjumin as a solid like a lump of tar, which is what it is, you put it on a train where it's completely safe. It's not like back and shale that blew up in luck make antique. Put it on a train or truck, ship it to a container ship. It doesn't pose a risk because bitchmen can neither catch fire nor spill. Just as a note of interest of the diluted bitchmen that now leaves Burnaby from the Trans Mountain pipeline and is shipped

to China. On arrival at any port, whether dilbit, whether going to China or the US or wherever, the first thing they do is take out the diluent, which is a mix of chemicals basically fossil fuel condensate that makes the bitchumen, once stirred in capable of flowing through a pipeline at any place of destination. They take out the diluent because it's not a product. Upgrade it's only there to get the solid bitchmen to flow through a pipeline.

So about a third of the bitchmen from Alberta that now reaches China is used to pave roads because it is essentially tar, it's not essentially crude oil until it is upgraded and then goes through a refinery to become a fossil fuel product like gasoline. Just to make these points, because I wonder how they could decide that they want

to call it a bitchumen pipeline. If it's a pipeline, it's a dilbit pipeline, and dilbit is inherently more dangerous in transit, and if it spills, it is literally impossible

to clean up in the marine environment. So the tanker band that was enacted on the VC Coast as a voluntary member understanding between the federal government and VC government when the Prime minister was Pierre Trudeau in nineteen seventy two, that wasn't motivated by climate action obviously, in nineteen seventy two, that was motivated to protect the BC coastline from a major oil tanker spill such as it was experienced a couple of years later in Alaska. With excellent Valdis. This

is a nonsense. It is also a nonsense to say that the Pathways project, once completed, will be successful in containing carbon dioxide and sequestering it from the environment. Carbon capture and storage is notoriously hugely expensive and not particularly effective. On top of that technology that they're betting on a technology that is both expensive and not particularly effective. They've also put real push behind the idea that Alberta is

going to go nuclear. And they've also, of course in assuming that they can go across BC with a dilbit pipeline against the wishes of the people of British Columbia and against the rights of title holders First Nations, whose rights are entrenched in Section thirty five of our Constitution, as well as in Canada's acceding to the United Nations

Declaration the Rights of Indigenous peoples. At every level, this is an abomination and I'm afraid that Prime Minister Mark Carney and Premier Daniel Smith will find it no matter.

Daniel Smith saying in the press conference today that this memory of understanding does not give a veto to the Province of British Columbia, or any province or anyone else if Premier of Alberta, Daniel Smith, thinks that First Nations in this country don't have constitutionally enshrine protected rights, and that there aren't enough bulldozers in this world to stop the determination of British Columbia coastal first nations to say no, damn way, are you crossing British Columbia again with a

dilbit pipeline to create more tanker traffic, to threaten our marine environment and billions of dollars worth of industry on our coastline, our fishery, our tourism, but beside putting down signs on it, our rights and the rights of our children and grandchildren to have an existence in a planet that's habitable without a vast increase not only in fossil fuel production, but fossil fuel burning and a threat to

the future of human civilization. So I read this memor and of understanding expecting to see a concern, expecting to think they're going to offer the possibility of a pipeline if they can find a private sector proponent. But there's far more in here that is stated as the federal government will ensure Alberta can do the following things and

we have to make it very very clear. Green Party will make it clear that the British Columbia Green Party has already made it clear, as have the First Nations. I saw the statement of Hereditary Chief of the Haida Nation Gujo. If the BC government and the federal government of Canada think that this is a doable thing, they

are wrong. This informed and it's a nonsense to imagine that untested, expensive technologies like carbon capture and storage are going to make it possible to build a pipeline loaded with diluted bitchumen. As I said, no objections from me. Load it on a train, ship it to the Port of Vancouver, stick beitjamin and containerships and send it wherever

you want. But don't you dare think you're going to put a pipeline loaded with diluted bitchumen across the BC coast and increase the number of tankers on our coastlines. I call on all British Columbia MPs, particularly coastal MPs, particularly liberals who never ran on this, stand up now and protect British Columbia, protect First Nations rights, show some solidarity, chose backbum the same mon re Exian protocol co a, Madame Smith and Misief Carney.

We need strong climate members of Parliament, because if there is not a party in Parliament that's a recognized party large enough to create a new political dynamic in this country. So far Prime Minister Mark Kearney has tacked right, taking Qualitiev's policies and embracing them as government policies. Without a strong party that's progressive to create some counterbalance in a minority parliament, we won't get better. We can get better with more liberal MPs standing up for climate, joining us

and creating a new force in the Canadian political scene. PASCA, the respect in Moijon, the Mona, meet Alonda, Stephen Gibbo, seeon de Reste, DN, the Cabinet, the Premium in East. So if Stephen Gibo is given up on Mark Carney, don't give up on democracy, don't give up on climate action. Join us. Now's the time, uh.

for lost time later. I don't like to accuse people of lying, but his actions are reckless, and he is not considering what this MoU does any hope of Canada keeping the Paris Agreement targets that he that he committed publicly and clearly, and I negotiated for my vote to have that public clear commitment to hold to Paris Agreement,

which is not net zero by twenty fifty. To repeat to Javasui Nique called dear zero h D. C. Dumius and comte de tout de galdi the lo fontasion the padue degree celsius and stay as far below two degrees celsius as possible. That's the Paris target. So it may be who knows what was in his head when he said it. So I don't accuse people of lying, but I say, right now and clearly, the actions in this MoU.

If they maintain that this is what they're going to do and they don't rip it up tomorrow, they've sold out all of Canada and our future and a stable climate for future generations. If they pursue this course to satisfy Daniel Smith and ignore Premier David Aby, ignore the First Nations across this country, because it's not just British Columbia First Nations that want to stop climate crisis. The First Nations of Manitoba and Saskatchewan that had to leave

their homes all summer because of wildfires. This is unconscionable, all right.

reducing our reliance on the United States. These projects involve experts to global markets across the Pacific. We're really proud of that and the core of this work, the foundation of it is the support of British Columbians, Canadians, and particularly First Nations to be able to work together to

lift the whole country up. With the announcement today from the federal government and from the Prime Minister in the premier of Alberta, my anxiety about the pipeline proposal that has come from Alberta that is a key part of this agreement is that it runs the very significant risk that has already partially been realized, of taking our eye off the prize, of distracting the federal government and distracting resources and pulling time away from real projects that can

be delivered in the near term. And just one example, we have the largest private sector investment in Canadian history that will reach final investment decision in the next year, Gelergy Canada Phase two project.

being a distraction is that we've already seen that happen. Nutrient, a large potash producer from Saskatchewan, was involved in conversations with the federal government with the Government of Saskatchewan about where to export their potash from, a project that would result in significant jobs in British Columbia, would secure the people of Saskatchewan's access to global markets if it stayed in Canada, and would also reduce the risk of Donald

Trump putting tariffs on Canadian potash going through the United States. They were making a decision about which port to export through. Unfortunately, instead of having conversations with British Columbia about this project, the Premier of Saskatchewan says he was engaged with Premier Smith about this pipeline project proposal. Because of that, in my opinion, Nutrient made the decision to ship out of

Washington State instead of out of British Columbia. Premier Moe and I should have been working together on addressing bottlenecks by encouraging the federal government to invest in new rail infrastructure the Massy Tunnel bottlenext to our ports. The Nutrient incited as one of the reasons why they decided to go to Washington State. So my concern about this project

being a distraction to real projects and real opportunities for Canadians. Unfortunately, I've seen that happen once already, and I don't want to see it happen again. The pipeline proposal has no project proponent. There is not one private company that has stepped up to say, if.

not have the support of coastal First Nations. And that's important to us in BC because all of the projects that I outline to you, those billions of dollars of investment, those thousands of jobs, depend as well on the support of coastal First Nations who support we do have for these projects. There are significant additional components to this agreement that British Columbia will need to take some time to

study and understand. There is a marked departure in a federal government policy around oil and gas cap, emissions cap, around Queen electricity regulations, and other pieces that will have

to study to understand. But the bottom line for us is that we need to make sure that this project doesn't become an energy vampire with all of the very that have yet to be fulfilled, no proponent, no route, no money, no First Nation support, that it cannot draw limited federal resources, limited Indigenous governance resources, limited provincial resources away from the real projects that will employ people, provide the country with money that we desperately need, and provide

investment and access to global markets to deepen our trade relationships overseas.