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Rich Diaz

👤 Speaker
934 total appearances

Appearances Over Time

Podcast Appearances

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Um,

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

And so the mayor of Vancouver who has been – he tried to reverse it like a couple years ago.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

He's putting it forward to another vote to basically reverse it to say, listen, we're going to give people options.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Like you can use your electric heat pump and you can use your electric hot water boiler, but like we want to give people the option to put gas in.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

And people are, like, losing their minds in Vancouver, which, of course, Vancouver, for people that don't know, has tried to dub itself the greenest city in North America.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Is this where all the coal gets exported to China?

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Yeah.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

And then they have, it's just been really, it's been really fascinating just from like a public sentiment and like knowledge perspective.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Cause obviously all the things that we talk about on the podcast about like, you know, how energy grids work and like our dependence on, you know, what, what, what,

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Butters the bread in Canada, which is the reality is, is natural resources.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

And so anyways, the BC government intervened.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

They're like, hey, listen, you're going to go to this vote.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

We want you to postpone it.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Don't vote on this.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

You need to keep your net zero sort of policies in place.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

And again, I found it kind of rather interesting or rather ironic because the BC government, Rich, is currently pursuing two of the largest LNG projects in the history of British Columbia.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

It's great.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

That's fantastic.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Which is great.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

But it's like, okay, that's interesting.