A Liberal majority might – might – have built the Trans Mountain pipeline expansion, even if they stopped there. (In the last Parliament they passed a law – Bill C-69 – that made new pipelines all but impossible.)
But now that Justin Trudeau and his party will need the support of Jagmeet Singh and his party to stay in power, there is a good chance the Liberals will refuse to move forward even with Trans Mountain (TMX).
Singh hasn’t made cancelling Trans Mountain an ironclad condition for his support. Two weeks ago he laid out six prerequisites for getting behind the Liberals. Trans Mountain was not one of them.
But I’m not holding my breath. Right after the French-language leaders’ debate, Singh said, “I’ve been really clear on this. I am very much opposed to this (TMX) project … I’ll continue to work against that, for sure.”
Even before this election, the federal Liberals and Alberta NDP scared away at least $100 billion in investment in oil and gas.
That money doesn’t get replaced with investment in “green” energy or in barista supplies. When it’s lost to the national economy, it’s lost.
Of course that hits Alberta the hardest: jobs that are lost, houses that are foreclosed, vehicles that aren’t sold, restaurants that close. But it also means companies in the rest of the country that provide trucks and crew buses suffer, as do companies that manufacture pipe and electrical controls and valves and planes and on and on and on. Workers feel it too with fewer high-paying energy jobs Canada-wide.
Blame a dismal campaign by Scheer, a clever Liberal campaign and the timidity of GTA voters for the results.