Saturday, July 4, 2026

Pipeline Folly - No Courage, No Plan and a Cost Plus Reaction.

 


CLICK HERE - My Professional Website

I have witnessed our government commit numerous blunders and waste vast sums of money. Worst of all, I have seen it pilfer our grandchildren’s future through relentless borrowing. Time and again, the government fails its fundamental responsibilities—from national defence to disaster preparation. For fifty years, experts have warned us to diversify our markets, yet we remain dangerously dependent on a single trading partner. Our leaders govern without a long-term plan, completely failing to build cross-party consensus on critical trade and energy policies. Nowhere is this lack of foresight more glaring than the recent decision to expand a pipeline’s capacity that was literally just finished.

If the Trans Mountain pipeline is the answer to greater volume today, it should have been built to handle that volume from the start. Instead, we are digging up the exact same ground just two years after completing the last expansion. This isn't planning; it is a frantic reaction. It proves we have a government more obsessed with political survival and re-election than the long-term well-being of our country. This kind of folly would be funny if it weren’t so terrifying.

Canada desperately needs an efficient way to get both oil and gas to global markets. We need proper processing facilities at the pipeline's end to get these resources ship-ready. Prince Rupert is a world-class, deep-water port that sits completely underutilized. Why are we routing pipelines into parts of British Columbia that already have high shipping traffic? Prince Rupert is the closest North American port to Asia—three days closer than Vancouver. From there, tankers head straight out to the open ocean, away from our coast. Instead, the government chose Roberts Bank, forcing tankers to navigate a crowded waterway just to reach blue water. Prince Rupert offers undeniable practical advantages, but our government would rather squander them than confront political friction.

Some thinking from 2015 - wish we had got on with things

Rural British Columbia is hurting economically. We have a duty to bring meaningful, lasting development to these regions, and a pipeline to Prince Rupert would revitalize the entire northwestern economy.

Instead, Canadians face the shuddering prospect of another government-“de-risked” project. The Trans Mountain pipeline began with a $6 billion private sector budget. Today, its actual commercial value is roughly $14 billion, but it cost taxpayers a staggering $35 billion. The TMX project was a financial catastrophe—massively over budget and years late. How can Canada progress when we refuse to learn from our mistakes? We are simply stumbling from one fiscal disaster to the next.

This “de-risking” process is code for making Canadians overpay for government incompetence. It is entirely unnecessary. What we actually need is for the government to step up and govern. Leaders must have the courage to declare a project in the national interest and draft specific legislation to get it built. Better yet, they should legislate permanent certainty into our general regulatory process. We must be a country that can get things done. We must stop frittering away billions of dollars.

The Liberal government held the perfect hand—enjoying a functional lack of opposition in the House of Commons and the backing of most Canadians to do the right thing. Yet when it came time to act, they lacked the will to press forward.