Rich Diaz
👤 SpeakerAppearances Over Time
Podcast Appearances
And then I think with the expansion of these new LNG projects, natural gas will effectively be in the top three.
So it's like, well, that's effectively paying for...
all the social programs that you get to use and enjoy.
Sorry to interrupt the show.
Just want to let you know the Looney Hour will be live in Toronto on June 3rd.
Rich will be doing a presentation on global macro and markets.
Keith will be talking about investment strategies.
And I will be hosting a housing panel with the legendary Ron Butler and Dan Foch.
If you're interested in coming and hanging out with the Looney Hour, June 3rd at the Rivoli in downtown Toronto.
Doors open starting at 5.30 p.m.
That $60 ticket includes unlimited access
open bar finger food come hang out the loony hour june 3rd look forward to seeing you again tickets in the show notes link to the eventbrite go buy your tickets and we'll see you on june 3rd
Well, it's interesting because just to pull on this thread a little bit more, I know we like to shit on all levels of government, but the Carney government was out recently saying, listen, Canada wants to double its electricity generation by 2050, obviously, because demand is exploding through EVs, AI data centers, electrification of buildings, etc.,
So the realization that there's going to be massive upgrades to your electrical infrastructure.
And one of the ones that they've sort of highlighted in their in their announcement recently is actually that Canada is going to have to use natural gas to power those grids, which is kind of diverting away from the Trudeau era.
on their clean electricity regulations, where they basically were targeting a net zero electricity grid by 2030.
So they were targeting a net zero electricity grid by 2035.
It seems like they basically are pulling a complete 180 from that.
No, you're right.
Well, I mean, I think it's encouraging that, you know, at least some things are hopefully shifting in the right direction as much as we like to belabor them.