As expected, prime minister Mark Carney revealed the first five projects for the Major Project Office yesterday, and they were all…projects that have approvals and are underway in some stage, some more than halfway through construction, making one wonder just what exactly this was supposed to do. Carney made some vague remarks about getting them over the finish line, but the only halfway plausible explanation I heard came from an executive from one of the mining projects on Power & Politics who said this was sending positive signals necessary for investor confidence. Carney also made vague remarks about greenhouse gas targets and whether he planned to keep them, but his talk of a “grand bargain” doesn’t seem to make a whole lot of economic sense.
It was less the five announced projects that got premiers (other than David Eby) salivating, but the promises in the next tranche of projects that Carney says will be announced “by the Grey Cup,” because Canadian sports references. This includes a potential offshore wind farm in Nova Scotia, and expanding the Port of Churchill in Manitoba, which would also mean a need for expanded icebreaking capacity in Hudson’s Bay, which sounds an awful lot like a fairly significant federal subsidy. Dominic LeBlanc touted the possibility of construction on high-speed rail starting within four years (at least in the Toronto-to-Quebec corridor, and not the Windsor-to-Toronto arm). Perhaps most surprising, however, was Danielle Smith praising the projects, including the possibility of “Pathways Plus” (being the Pathways Alliance carbon capture scheme, which remains unviable without a high enough carbon price), and being effusive about her meeting with Carney on Wednesday, which one might take as a worrying sign that she is finding common conservative ground with Carney.
And predictably, the federal Conservatives went out to mock everything as being pathetic, that this was just an email to an office that doesn’t exist yet, and that everything is in the realm of mere possibility—and the lack of a pipeline on the list, though they are unable to name any pipeline project that is ready for federal approval. And the worst part remains that there is plenty to criticise, particularly that these five projects are already at underway, and that this is Carney trying to give himself undue credit for them. But no, they instead need to make cartoonish arguments, because they are incapable of being serious, even when they have been handed legitimate criticisms on a silver platter.
Ukraine Dispatch
President Zelenskyy says that allies need to rethink their air defences in light of the drone incursion in Poland, given that countering drones requires different, layered defences than planes or missiles.