Monday, February 24, 2020

THE WEEK THAT WASN'T...

This week was supposed to be the week when our Federal Government ruled on whether or not Teck Resources' Frontier Project would be allowed to proceed in the Province of Alberta.

Earlier today though, the CEO of Teck came out to say his company was cancelling the project - a project that would have created 7,000 good paying jobs and would have injected over $40 Billion into Alberta's stalled economy.

Now if I was the cynical type - I would say from the above that we the taxpayer had been had.  After 10 years of fighting tooth and nail for this project - its owners come out at the 12th hour to announce that it has lost interest in it.  Pshaw !!

And I later learned that my suspicions were validated.

Some intrepid reporter found out that or Progressive overly Green Government had recently approached Teck to say that although it would approve the project later this week - it would do so with a number of conditions that would keep the project on ice for a further 10 years or more.

To understand what happened here - is to understand that had the Government imposed more restrictive conditions at this late stage - Albertans would have gone ballistic.  Fuel would have been added to the ever-growing separatist feelings.

By having Teck do its dirty work - it at least dulled the impact and at the same time - keeps its stranglehold on their progressive, tree-hugging followers.

But now we know the rest of the story - my apologizes to the late Paul Harvey.  Teck was tipped off and knew full well their project - after 10 years was dead on arrival.

Or do we know the rest of the story...Perhaps only part.

Again call me a cynic - but what would you do if you were the head of Teck and Young Trudeau's thugs came to you to tell you a decision would be forthcoming but with a number of conditions that could not be possibly met?

If you are anything like me - you would not issue a last minute statement to say your company was pulling up stakes.   Why - you's let the Federal Government render its divisive statement and then you would announce your pull-out.

Teck says that it has lost over a billion dollars on this futile project ....I wonder how much of that the Feds will cover-off?  Nothing else makes sense.

Our Government makes Trump and an company look like amateurs.

As I See It...

K.D. Bell