CANADA NO! Petronas cancels $36B Liquified Natural Gas project

>>134905051
Archive please

>https://youtube com/watch?v=y-_9VKCRkCw
https://hooktube.com/watch?v=y-_9VKCRkCw
>http://cbc ca/news/canada/british-columbia/pacific-northwest-lng-project-in-port-edward-b-c-no-longer-proceeding-1.4220936
https://archive.is/w4GB8

>>134905051
You shouldnt be laughing this is s a huge hit for canada.

File: diversity cuckstrength.jpg (318KB, 1040x585px) Image search: [Google]

318KB, 1040x585px

>>134905220
>PAY $10.5M TO TERRORIST
>LOSE $36,000M

JUST


>VANCOUVER -- Petronas and its partners have cancelled the $36-billion Pacific NorthWest liquefied natural gas megaproject they had planned to build in British Columbia.

>The consortium has spent billions developing the natural gas fields in the B.C. after buying Progress Energy Canada, but it would have required even more including an $11.4-billion LNG terminal in Port Edward, B.C.

>"The company was very clear: this was a decision they are making because of the economic challenges in the global energy market place. The Pacific Northwest LNG project as proposed in its current state was uneconomical to move forward," she said.

>The project, which secured Prime Minister Justin Trudeau's approval last year, was proposed as a way to reduce coal use in Asia, but it has also faced criticism for the potential greenhouse gas emissions that would have resulted.

>>134905588
Trumps plan is to corner the market then. I mean how else is he going to sell fossil fuels for the USD.

>>134905051
Am i retarded or are you a newf*g?

It should be Canada Yes.
You put a yes when shit happens and a no something gets uncucked/shitskins deported etc

>>134906610
Maybe he's one of those dumb asses who doesn't want to use our natural resources so therefor its good for this guy.

>>134905051
We might read to much into this but those "changes in market conditions" could have to do with Trump. He said at that boy scout speech that the US will soon export energy.

And since Trump watches Fox News no way in hell he couldnt have seen how Trudeau was all happy giving that mudshit 10 million. He is pissed

File: btfo.gif (3MB, 550x350px) Image search: [Google]

3MB, 550x350px

>>134906610
Canada is getting JUSTLY BTFO for paying a terrorist 10.5M, not cucking little kids and whites, so it's a CANADA NO!

$36B Project for Canada would be like the US losing a $400B foreign project

This was to be one of the biggest foreign investments in Canada's history

This will be devastating to British Columbia's and Canada's meme economy, keep in mind Canada's housing market is crashing and that's the only thing that's fueled GDP growth

>>134905934
It's almost like OPEC is losing control of the prices as well. I mean Russia must really be stupid to support someone who is about to steal their economic foundation.

File: 1499201172816.jpg (62KB, 720x960px) Image search: [Google]

62KB, 720x960px

>Mister Trudeau, how do you feel this fallthrough will affect the lives of Canadians desperately seeking employment; how do you plan to expand Canadian prospects for the unemployed
>Ummm, well *unintelligible Quebecois* I think ummmmm, we, uh, need to think about...uh...all the marginalized in Canada, like our trans and Muslim communities

File: TRUDEAU POWER.jpg (36KB, 170x751px) Image search: [Google]

36KB, 170x751px

>>134906987
>>134906987
The US has been exporting refined petroleum projects for decades, the dirty tanker embargo was lifted in December 2015 and since then the USA exports crude oil

Last week the USA exports 728k bpd of crude or over 5M barrels.

In addition, the US exports Liquefied Petroleum Gasses, propane and butane:
>The US became a net exporter of LPG only in 2012 but since then overseas shipments have skyrocketed. The country exported 14 million tonnes (mt) last year, more than any other country. Propane accounted for 86 per cent of the loadings and butane 14 per cent.

The USA is also a Liquefied Natural Gas exporter, with the big Chenerie Energy Sabine Pass terminal coming online in 2016 in Lousiana.

Freeport LNG Terminal
Kenai LNG, Nikiski, Alaska
Cheniere's Sabine Pass terminal
Dominion Cove Point LNG, Maryland terminal (under construction)
Cheniere's Corpus Christi terminal (under construction)
Cameron LNG, Hackberry, Louisiana (under construction)

Trump 100% killed the LNG project so the US could export it's own LNG

>>134907013
>This was to be one of the biggest foreign investments in Canada's history

oh no Trudeau failed to sell our gas to malaysians

>>134905051
This is only a drop in the bucket.
I wouldn't worry about it

File: 1501005729498.jpg (153KB, 790x796px) Image search: [Google]

153KB, 790x796px

>>134907423
>>Ummm, well *unintelligible Quebecois* I think ummmmm, we, uh, need to think about...uh...all the marginalized in Canada, like our trans and Muslim communities

JUST

File: 1499115116911.jpg (942KB, 1462x1462px) Image search: [Google]

942KB, 1462x1462px

>>134907658
>>134907679
Chinks and Mudshits detected. KYS

This would have brought in billions a year in cold hard forex, and Penotras was the main partner, many Canadian companies were on board

Imagine if a foreign oil company bailed on a $400B investment in the US? There would be absolute hell to pay, Trump would initiate an instant trade war if not outright war

Cuckdeau does nothing hahaha he hasn't even made a comment

File: longestdayssacrednightsedit-1-e1496417733730-640x524.jpg (58KB, 640x524px) Image search: [Google]

58KB, 640x524px

>>134908124
He was tied up at the opening of Montreal's latest LGTBQIAA+ Mosque

>>134905051
This is only in port Edward. There's a fucking lng project going into every single town in b.c pretty much. This effects nothing

File: 1484102480001s.jpg (3KB, 104x125px) Image search: [Google]

3KB, 104x125px

>>134905051
>JUNE, 2015
The Petronas-led consortium said Thursday it will proceed with the liquefied natural gas export project in British Columbia, subject to two key conditions.

>It’s a big deal. With other LNG projects waiting in the wings, the announcement could be the biggest shot in the arm for Canadian energy since the early days of the Alberta oilsands boom.

“This is a significant milestone for us,” deputy premier and natural gas development minister Rich Coleman said Friday.

“Obviously it means we can be competitive globally … This is great news for British Columbia.”

>Its partners are investors from China, Japan, India and Brunei who agreed to long-term supply contracts.

>B.C. gas that was sitting in ground with nowhere to go “is basically sold,” Coleman said.

Coleman, appointed by Premier Christy Clark to get the LNG sector off the ground in a province generally hostile to energy production, transportation and infrastructure, said he is confident the group’s remaining conditions would be met, creating thousands of jobs in construction, services and drilling. Indeed, exports of LNG to Asia will mean a new market for natural gas producers in Western Canada, where prices have been depressed because of the discovery of shale gas in the United States.

>http://business.financialpost.com/commodities/energy/petronas-lng-launch-a-big-deal-for-b-c-industry/wcm/39ffd182-a137-4f43-afbd-8cc469e1f100

HAHAHAHAAHAHHAHAHAA

LITERALLY BILLIONS OF CUBIC FEET OF NAT GAS A DAY THAT CAN'T BE SOLD WERE SOLD IN ONE OF THE LARGEST ENERGY INVESTMENTS AT $36B ($400B US EQUIVALENT) WITH CONTRACTS SIGNED TO SELL ALL THE SUPPLY

AND KEKDEAU PAYS AN AFGHANI MUSLIM TERRORIST $10.5m ON THE 4TH OF JULY AND TRUMP GETS IT CANCELLED

>JUST!

I BET RUSSIAN HACKERS WERE BEHIND THIS! THEY KEKED MADAME PRESIDENT AND NOW THEY'RE KEKING WEEDMAN

>>134907632
exactly. he did it because demorats were going against our countries interests and getting paid for it. fuck the DNC cartel as everything it was doing is crumbling. thank god for trump

>>134907370
I think russia wants to be more diversified economy less energy exporter, wouldn't you? Trumps deal with Russia is to ease sanctions and give russian people a better life. I think its the right choice and the moral one.

File: 1499873217811.jpg (122KB, 883x751px) Image search: [Google]

122KB, 883x751px

>>134908589
Really? Are any under construction or complete? No, and no other major company will risk the CAPEX required to fund a major LNG port now, especially now that Petronas bailed. No fucking major buyer, like Japan, India or China will sign any fucking long-term contracts with any Canadian LNG project now after this clusterfuck.

They spent years and billions getting that project approved and ready to go, and bailed at the last minute.

Canada has 1 LNG facility and that's in NB. There are fucking 0 LNG active terminals in BC. 0. Z-E-R-O.

Don't forget, the Leaf housing market is also imploding

DAY OF THE RAKE SOON

File: Canadian Housing CRASH.png (14KB, 641x388px) Image search: [Google]

14KB, 641x388px

>>134909498
>Toronto housing chill extends into mid-July with sales sinking 39.3%

http://www.bnn.ca/toronto-housing-chill-extends-into-mid-july-with-sales-sinking-39-3-1.810388

Toronto average prices:
>March $916K
>April $920K
>May $863K (-6.2% m/m)
>June $794K (8% m/m),
>July 1-14 $760K (-4.3%, extrapolated ~9.7% m/m)
>July <$720K

That's $200,000 in 90 days or -$2,200/day. Anyone who bought with <= 20% this year is officially wiped out. $2M houses are now selling for less than a million. Foreclosures up 1000%.

Canada is now experiencing a major financial crisis.

>Day of the Rake is here

File: 152 RANDOLPH.png (931KB, 1220x718px) Image search: [Google]

931KB, 1220x718px

>>134909498
Anyone that bought this year is underwater.

For example
>152 Randolph
March, list $1.489M, sold $1.95M
$542/sq ft

File: 75 RANDOLPH.png (1MB, 1228x732px) Image search: [Google]

1MB, 1228x732px

>>134909698
2 weeks ago, July 4th
>75 Randolph, same street
List $1.499M
Sold $1.265
Lot 45x113, 5,085 sq ft
$249/sq ft
-54% in 100 days

152 Randolph would now be worth $896K, -$1,054,000 in 100 days

Pls Canada, dont come to Mexico when everything is FUBAR.

>>134909698
>>134909751
>>134909798
What will happen when the leaf hits hard times? Will the average timbit finally turn on your socialist government?

>>134909798
what the fuck, how are these prices possible in a cold climate

File: trumpenfürher.webm (3MB, 853x480px) Image search: [Google]

3MB, 853x480px

>>134905051
it's unfortunate but you leafs must pay for your insolence
submit to the burgerreich and all will be well

Starting to think this isn't happening and we're not getting any jobs.
http://web.archive.org/web/20170526203831/http://www.ctvnews.ca/politics/multibillion-dollar-naval-warship-project-hits-another-delay-1.3430888

File: ISLAMOPHOBIA JAIL.png (797KB, 854x1158px) Image search: [Google]

797KB, 854x1158px

>>134910114
No, the Libs are importing 800,000 shitskins a year who all are on permanent gibs and always vote Liberal.

Canada is now 25M whites, 12M non-whites. The Libs just draw water and hew wood and use that cash to pay off the shitskins for votes. By 2027 Canada will be less than 50% white and by 2100 less than 10%.

They're charging people for Islamophobia with Hate Crimes now (see pic). Question your own genocide and you get oastracized and become homeless

File: white student union.png (885KB, 726x1336px) Image search: [Google]

885KB, 726x1336px

>>134910307
Didn't Norway build their own superiour ships for like 10% of the cost?

They designed, built and deployed better ships for literally less than that shithole shipyard siphoned from the government to draw up mere blueprints.

Also how the fuck is the government going to fund that project? Trudeau plans on running $30-$50B/year deficits until 2050.

The housing bubble bursting will bankrupt Canada.

>>134910406
>25M whites, 12M non-whites
holy shit anon
when I read things like this I wonder how there can be any way out but mass deportations
what does the average canuck think of the immigrants? How far gone would it have to be for something to change?

File: LGBTQ hiringonly.png (900KB, 726x1354px) Image search: [Google]

900KB, 726x1354px

>>134911143
It's too late, critical mass has been reached

The shitskins will outbreed whites and that's how the government wants it

You have no idea how fucked up Canada is

>>134905220
The faster we completely and utterly collapse, the better. Prolonging this shitshow is not only pointless but actively detrimental to Canadians. Burn it all to the ground and rebuild asap rather than trying to patch it up with rotten boards and rusty nails. An added bonus of total collapse is shitskins might fuck off because no gibs. Thinking about it tjats probably why they're drawing the process out as long as possible.

>>134905220
That's exactly why we should laugh.

>>134910406
So when Canada bankrupt there will be millions of angry shitskins chimping out because their gibs will be reduced? Looks like a fun times ahead.

Should I convert all my CAD to USD? I think our economy ain't getting any better..

>>134910406
what does it say under the heading?

>>134909335
Why do they want a diversified economy? so then they get to compete with Chiner? I wonder how that will go for them?

So far russia has been doing everything it can to avoid embracing a real economy.

File: rake.jpg (29KB, 650x650px) Image search: [Google]

29KB, 650x650px

>>134905051
>Heh
>Heheheh
>hahahahahahahah
>HUEHUEHUEHUEHEU
>HEEEEEEEEEHAAAAAAAAAHUHHUHUHUHUEHUHUEHUHUEHUHAHAHAHAHAHAHAAAAAAA
>aaaaaaaaaaaaaaaaaaaaaaaaaaaaarrrrrrrrrrrrrrHHHHHHHHHHHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHAAAAAAAAAAAAAAAHHHHHHHHHHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAaaa

get fucked leafs.

Wait where is Trump's role in this? How exactly did he get it cancelled?

>>134912152
Think positive. Double down on your real estate and go green. America wants to sell energy let em you get your beautiful lands we get to become china 2.0.

>>134910194
Chinks

>>134914279
Trump decided to invest into American energy, which will result in energy prices dropping bigly and making the deal with Canada not worth it

Trudeau's puppeteers have basically told him to do everything that would possibly antagonize America and now he's getting bitchslapped for it.

Too bad Scheer is even more of a puppet than Trudeau. Does Canada have ANY real leaders or is everyone just a faceman for shadowy party elders?

File: Varys-Profile-HD.png (760KB, 668x911px) Image search: [Google]

760KB, 668x911px

>>134905051
Excellent

File: ohshit.jpg (117KB, 700x465px) Image search: [Google]

117KB, 700x465px

bump

And now Canada plans to leave NAFTA.

>>134919061
>Canada leaves, whole thing falls apart
>Trump wins again

>>134908549
>>134909751
That shithole is literally a $25 thousand house in my city

This one is probably just economics -- but it's getting difficult to do any large scale infrastructure projects anyway

The entire population thinks they are evil, and they worship Native Indians as 'spiritual' leaders who protect the land.

We've had media and educators pushing this on the Indians and kids for decades, so it's not surprising.

The left constantly wants 'dem programs' for this that and everything else, but they are always dead set against any economic activity that might pay for them.

>>134924026
Canada sounds like a fun place

File: 1494191433403.jpg (200KB, 1024x1024px) Image search: [Google]

200KB, 1024x1024px

>>134911143
I'm 23 and working my ass off to get out of here as fast as possible. America here I come

>>134905051
Housing crash, economic crash, letting a ton of terrorist in your shithole country...good move leaf

>>134915926
Maxime Bermier was shoah'd out of his chance to run as conservative leader. He was our last hope to fix this clusterfuck

George Soros owns this country now. Leafs are under the jewish thumb

File: soros_trudeau.jpg (222KB, 666x1350px) Image search: [Google]

222KB, 666x1350px

>>134905220
Canada deserves it desu

>>134910194
The Chinese.

File: n_Khadr-Apology20170704T1430.jpg (53KB, 1024x576px) Image search: [Google]

53KB, 1024x576px

Trudeau "Can I take out a loan?"

File: le happy hosehead.jpg (138KB, 380x572px) Image search: [Google]

138KB, 380x572px

>>134905588

Don't forget that Australia's LNG (owned by America) plants have just about come online. We are literally on the doorstep on Asia, would make more sense supply from Ausland.

Also fuck Canadians. you cunts are the most boring faggot cucks in existence. You don't deserve that beautiful scenery as you dumb fucks are incaple of truly appreciating it.