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Steve Saretsky

๐Ÿ‘ค Speaker
1526 total appearances

Appearances Over Time

Podcast Appearances

The Loonie Hour
The Canadian Economy Slips into Recession

I don't know.

The Loonie Hour
The Canadian Economy Slips into Recession

Anyways, I know like we have listeners that are like in Saskatoon or, you know, Red Deer, Alberta that probably don't care.

The Loonie Hour
The Canadian Economy Slips into Recession

But I think it's just really just proves like some of the ideology that drives like or has been driving the decision making in this country.

The Loonie Hour
The Canadian Economy Slips into Recession

Obviously, the Trudeau era was emblematic of that.

The Loonie Hour
The Canadian Economy Slips into Recession

But yeah, I think the EB thing in BC, he's all over that.

The Loonie Hour
The Canadian Economy Slips into Recession

He just loves it.

The Loonie Hour
The Canadian Economy Slips into Recession

And just, yeah, again, to see that we can export all of this LNG across the world, and we have this massive natural gas reserves here in British Columbia, but you can't use it to power your home.

The Loonie Hour
The Canadian Economy Slips into Recession

Meanwhile, like...

The Loonie Hour
The Canadian Economy Slips into Recession

The BC Hydro is short, desperately short of power, and it's going to get worse.

The Loonie Hour
The Canadian Economy Slips into Recession

Anyways, just found that.

The Loonie Hour
The Canadian Economy Slips into Recession

So just to give you an example, one way that they could, like, alleviate some of the pressures on the electric grid or the power consumption from BC Hydro is, like, would they basically force, like, new LNG expansions, for example?

The Loonie Hour
The Canadian Economy Slips into Recession

They have to, like, electrify.

The Loonie Hour
The Canadian Economy Slips into Recession

So even though you have, like, that baseload energy there, they force them to basically get to...

The Loonie Hour
The Canadian Economy Slips into Recession

to like a environmental standard, like a net zero effectively to get on the electrical grid.

The Loonie Hour
The Canadian Economy Slips into Recession

So like you have these LNG facilities that are actually powered, not by LNG, but by electricity.

The Loonie Hour
The Canadian Economy Slips into Recession

Canada is number two in the world for natural gas resources.

The Loonie Hour
The Canadian Economy Slips into Recession

Yeah, I think we are.

The Loonie Hour
The Canadian Economy Slips into Recession

I think we are moving in the right direction.

The Loonie Hour
The Canadian Economy Slips into Recession

But to sort of summarize, you know, we've โ€“ yeah, I feel like the loony hour is really โ€“ we don't get everything right.

The Loonie Hour
The Canadian Economy Slips into Recession

But, my God, I think over the last โ€“ since we started the podcast, what, five years ago?