Canada-US Trade Relations

[Donald H]

Tradionally, the Democratic Party has never boded well for Canada/US trade relations.
However, Trump certainly becomes a wild card for the Republicans, even though he usually makes a loud noise on trade relations with any country before pulling in his horns.

 

[Remius]

https://www.cbc.ca/news/politics/aluminum-tariffs-trade-trump-trudeau-1.5724391


Interesting about face.

 

[tomahawk6]

But the border remains closed until late November. Less bugs would be encountered that late.

 

[shawn5o]

Hopefully, good news for Aberta's oil sector


Alberta's oilpatch gets a rare gift — a U.S-backed $22-billion export line to tidewater via Alaska
The proposed railway project, expected to be approved by President Trump, could create 18,000 Canadian jobs

Yadullah Hussain
Sep 28, 2020  •  Last Updated 3 hours ago  •  5 minute read

It may well be his last few weeks in office (at least according to the public polls), but U.S. President Donald Trump just gave Alberta oil producers a gift.

Amid his increasingly-deranged conspiracy theory tweets over the weekend, he broadcast a more presidential tweet on Friday: “Based on the strong recommendation of @SenDanSullivan and @repdonyoung of the Great State of Alaska, it is my honor to inform you that I will be issuing a Presidential Permit for the A2A Cross-Border Rail between Alaska & Canada. Congratulations to the people of Alaska & Canada!”

Dan Sullivan is a U.S. senator serving Alaska, and Don Young is a Congressman serving the American last frontier. The U.S. president has been sweet on the Canadian oilpatch before, having approved TC Energy Corp.’s Keystone XL pipeline project which had been rejected by the previous president Barack Obama. If it proceeds, the railway project could serve as another important outlet for Alberta’s oil producers who have struggled due to lack of pipeline capacity. However, railway lines are deemed to be a more expensive way to transport oil compared to pipelines.

The proposed 2,570-kilometre A2A railway aims to transport bulk commodities such oil, grain and ore in addition to containerized goods, and aims to develop “a new railway connecting the Alaska Railroad and Alaska’s tidewater, to northern Alberta.”

The project is expected to cost $22 billion, of which $7 billion will be built in Alaska and $15 billion in Alberta, according to the company.

More at Financial Post

 

[CBH99]

Pretty sad when the POTUS seems to do more for our oil industry than the current PM  :


The Tekk project eventually pulled out & gave up, after waiting ages for federal approval.  This happened despite having every single local indigenous group supporting the project, and them having met or drastically exceeded all of the environmental requirements.  It was slated to be a world class project, and the greenest oil & gas industry project in history.  It also slated to employ about 8,000 people.

They eventually gave up and pulled the plug, as they were tired of waiting for our government to give the approval.



And here's the US, whether intentional or not, giving Alberta some kind of 'kickstart' to the economy - when our own PM couldn't care less.

 

[Retired AF Guy]

Pretty sad when the POTUS seems to do more for our oil industry than the current PM  :


The Tekk project eventually pulled out & gave up, after waiting ages for federal approval.  This happened despite having every single local indigenous group supporting the project, and them having met or drastically exceeded all of the environmental requirements.  It was slated to be a world class project, and the greenest oil & gas industry project in history.  It also slated to employ about 8,000 people.

They eventually gave up and pulled the plug, as they were tired of waiting for our government to give the approval.



And here's the US, whether intentional or not, giving Alberta some kind of 'kickstart' to the economy - when our own PM couldn't care less.

It will be interesting to see if the US had consulted with Canada before announcing the deal.

 

[Remius]

It will be interesting to see if the US had consulted with Canada before announcing the deal.

People sometimes forget it takes two to tango.

 

[brihard]

Hopefully, good news for Aberta's oil sector


Alberta's oilpatch gets a rare gift — a U.S-backed $22-billion export line to tidewater via Alaska
The proposed railway project, expected to be approved by President Trump, could create 18,000 Canadian jobs

Yadullah Hussain
Sep 28, 2020  •  Last Updated 3 hours ago  •  5 minute read

It may well be his last few weeks in office (at least according to the public polls), but U.S. President Donald Trump just gave Alberta oil producers a gift.

Amid his increasingly-deranged conspiracy theory tweets over the weekend, he broadcast a more presidential tweet on Friday: “Based on the strong recommendation of @SenDanSullivan and @repdonyoung of the Great State of Alaska, it is my honor to inform you that I will be issuing a Presidential Permit for the A2A Cross-Border Rail between Alaska & Canada. Congratulations to the people of Alaska & Canada!”

Dan Sullivan is a U.S. senator serving Alaska, and Don Young is a Congressman serving the American last frontier. The U.S. president has been sweet on the Canadian oilpatch before, having approved TC Energy Corp.’s Keystone XL pipeline project which had been rejected by the previous president Barack Obama. If it proceeds, the railway project could serve as another important outlet for Alberta’s oil producers who have struggled due to lack of pipeline capacity. However, railway lines are deemed to be a more expensive way to transport oil compared to pipelines.

The proposed 2,570-kilometre A2A railway aims to transport bulk commodities such oil, grain and ore in addition to containerized goods, and aims to develop “a new railway connecting the Alaska Railroad and Alaska’s tidewater, to northern Alberta.”

The project is expected to cost $22 billion, of which $7 billion will be built in Alaska and $15 billion in Alberta, according to the company.

More at Financial Post

If the intent is to move oil by rail, good luck getting Yukon’s First Nations on side. They’re mostly self governing and have comprehensive land claims. This is not a sure thing by any means.

 

[Donald H]

Pretty sad when the POTUS seems to do more for our oil industry than the current PM  :

Our PM has concerns relating to 'climate change', while their Potus has pretty much declared that he doesn't believe it'a a real issue. The debate is still very much alive.
There's always the possibility that Trudeau's stand is completely politically motivated by popular politics but I would say it's much more than that. For now I give him the benefit of the doubt and would suggest that he truly believes in the fast approaching crisis.

:cheers: