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2025 Federal Election

Canada Continues to Miss LNG Opportunities: Why the World Needs Our LNG – and We’re Not Ready

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6 minute read

From EnergyNow.Ca

By Katarzyna (Kasha) Piquette, Founder and CEO, Canadian Energy Ventures

When Russia invaded Ukraine in 2022, Europe’s energy system was thrown into chaos. Much of the 150 billion cubic meters of Russian gas that once flowed through pipelines had to be replaced—fast. Europe turned to every alternative it could find: restarting coal and nuclear plants, accelerating wind and solar approvals, and most notably, launching a historic buildout of LNG import capacity.

Today, LNG terminals are built around the world. The ‘business case’ is solid. The ships are sailing. The demand is real. But where is Canada?

As of March 28, 2025, natural gas prices tell a story of extreme imbalance. While Europe and Asia are paying around $13 per million BTU, prices at Alberta’s AECO hub remain below $2.20 CAD per gigajoule—a fraction of global market levels. This is more than a pricing mismatch. It’s a signal that Canada, a country rich in natural gas and global goodwill, is failing to connect the dots between energy security abroad and economic opportunity at home.

Since 2022, Europe has added over 80 billion cubic meters of LNG import capacity, with another 80 billion planned by 2030. This infrastructure didn’t appear overnight. It came from urgency, unity, and massive investment. And while Europe was preparing to receive, Canada has yet to build at scale to supply.

We have the resource. We have the relationships. What we lack is the infrastructure.

Estimates suggest that $55 to $75 billion in investment is needed to scale Canadian LNG capacity to match our potential as a global supplier. That includes pipelines, liquefaction terminals, and export facilities on both coasts. These aren’t just economic assets—they’re tools of diplomacy, climate alignment, and Indigenous partnership. A portion of this investment can and should be met through public-private partnerships, leveraging government policy and capital alongside private sector innovation and capacity.

Meanwhile, Germany continues to grapple with the complexities of energy dependence. In January 2025, German authorities seized the Panama-flagged tanker Eventin, suspected of being part of Russia’s “shadow fleet” used to circumvent oil sanctions. The vessel, carrying approximately 100,000 tons of Russian crude oil valued at €40 million, was found adrift off the Baltic Sea island of Rügen and subsequently detained. This incident underscores the ongoing challenges Europe faces in enforcing energy sanctions and highlights the pressing need for reliable, alternative energy sources like Canadian LNG.

What is often left out of the broader energy conversation is the staggering environmental cost of the war itself. According to the Initiative on GHG Accounting of War, the war in Ukraine has produced over 230 million tonnes of CO₂ equivalent (MtCO₂e) since 2022—a volume comparable to the combined annual emissions of Austria, Hungary, the Czech Republic, and Slovakia. These emissions come from military operations, destruction of infrastructure, fires, and the energy used to rebuild and support displaced populations. Yet these emissions are largely absent from official climate accounting, exposing a major blind spot in how we track and mitigate global emissions.

This is not just about dollars and molecules. This is about vision. Canada has an opportunity to offer democratic, transparent, and lower-emission energy to a world in flux. Canadian LNG can displace coal in Asia, reduce reliance on authoritarian suppliers in Europe, and provide real returns to our provinces and Indigenous communities. There is also growing potential for strategic energy cooperation between Canada, Poland, and Ukraine—linking Canadian LNG supply with European infrastructure and Ukrainian resilience, creating a transatlantic corridor for secure and democratic energy flows.

Moreover, LNG presents Canada with a concrete path to diversify its trade relationships, reducing overdependence on the U.S. market by opening new, high-value markets in Europe and Asia. This kind of energy diplomacy would not only strengthen Canada’s strategic position globally but also generate fiscal capacity to invest in national priorities—including increased defense spending to meet our NATO commitments.

Let’s be clear: LNG is not the endgame. Significant resources are being dedicated to building out nuclear capacity—particularly through Small Modular Reactors (SMRs)—alongside the rapid expansion of renewables and energy storage. But in the near term, LNG remains a vital bridge, especially when it’s sourced from a country committed to environmental responsibility, human rights, and the rule of law.

We are standing at the edge of a global shift. If we don’t step up, others will step in. The infrastructure gap is closing—but not in our favor.

Canada holds the key. The world is knocking. It’s time we opened the door.


Sources:

  • Natural Gas Prices by Region (March 28, 2025): Reuters
  • European LNG Import Capacity Additions: European Commission
  • German Seizure of Russian Shadow Fleet Tanker: Reuters
  • War Emissions Estimate (230 MtCO₂e): Planetary Security Initiative

2025 Federal Election

Mark Carney vows to ‘deepen’ Canada’s ties with the world, usher in ‘new economy’

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From LifeSiteNews

By Anthony Murdoch

Newly elected Prime Minister Mark Carney used his first post-election press conference to announce his government’s plan to launch a “new economy” in Canada that will involve “deepening” ties to the world.

During the Friday morning press conference, Carney explained his vision for Canada, alleging that the nation is “in a once in a lifetime crisis” and that it is “time to come together, to put on our Team Canada [hockey] sweaters, and win big.”

Part of this plan, said Carney, is to unveil a “new Canadian economy” that will present the biggest shift since the end of the Second World War.

Carney said that his Liberal government would  build houses with “smaller environmental footprints” and would “trust science.”

After his prepared remarks, the majority of the media questions involved Canada’s relationship with U.S. President Donald Trump and the ongoing tariff dispute.

Despite Carney’s globalist, left-wing political viewpoint, Trump reacted to the Liberals election victory by calling the prime minister a “nice gentleman” who “hated” him less than Conservative leader Pierre Poilievre.

Carney also said in the presser that his new cabinet will be sworn in on May 12.

Monday’s election saw Liberal leader Carney beat out Conservative rival Pierre Poilievre, who also lost his seat. The Conservatives managed to pick up over 20 new seats, however, and Poilievre has vowed to stay on as party leader, for now.

Carney has worked as the former governor of the Bank of Canada and Bank of England and spent many years promoting green financial agendas.

The re-election of the Liberals for the fourth consecutive term has also seemed to bolster separatist sentiment in Western Canada, a region which votes overwhelming for the Conservative Party but because of its smaller population, often remains at the mercy of those in eastern Canada when it comes to electing federal leaders.

Just one day after Carne’y election, Alberta Premier Danielle Smith said that her province could soon consider taking serious steps toward greater autonomy. Smith also introduced a bill that would make calling referendums, including ones related to Albertan independence from Canada, easier to call.

Under Carney, the Liberals are expected to continue much of what they did under Trudeau, including the party’s zealous push in favor of abortion, euthanasia, radical gender ideologyinternet regulation and so-called “climate change” policies. Indeed, Carney, like Trudeau, seems to have extensive ties to both China and the globalist World Economic Forum, connections which were brought up routinely by conservatives in the lead-up to the election.

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2025 Federal Election

The Last Of Us: Canada’s Chaos Election

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Show me good loser and I’ll show you a loser— Leo Durocher

There’s an expression that goes, you’re not allowed to die until all the people in your life have disappointed you. That trenchant observation is particularly relevant to those who woke up on April 29 to discover that their neighbours and friends in Canada have opted to give the federal Liberals (under new leader Mark Carney) another four years to continue Canada’s descent into irrelevance.

These are the same Liberals sans Carney who were polling in the low 20s six months earlier. Their cabinet members were quitting in droves. In the finest Wag The Dog tradition, a sure victory for Canada’s Conservatives was then transformed into a humiliating defeat that saw the Tories leader Pierre Poilievre lose the seat he’d represented for 20 years. The debate in the chattering classes now is how much was Poilievre’s fault?

In a minor vindication the Liberals were seemingly denied a majority by three seats (169-144) . How they balance that equation to advance their pet projects on trade, climate, gender, free speech, native rights and Donald Trump was unknowable Which is why the Grits have turned to dumpster diving MPs like Elizabeth May and keffiyeh-clad NDP to achieve a workable majority..

Suffice to say that neophyte Carney, without any support system within the Liberals, is being highly influenced by the Justin Trudeau faculty lounge left behind after the disgraced three-term PM slunk off into the night.

It’s not all beer and skittles. No sooner had the Liberal pixie dust settled than Carney was hit with Bloc leader Yves-Francois  Blanchet announced unequivocally that energy pipelines were still a no-go in electrified Quebec. Alberta premier Danielle Smith lowered the requirement for a separation referendum from 600 K signatures to around 170 K— a very doable mark in pissed-off Alberta.

Saskatchewan premier Scott Moe outlined his demands on Carney if his province is not to join Alberta. And former British PM Tony Blair, who’d worked with Carney in the UK, announced that Carney’s pet project Net Zero was a loser for nations. Finally RBC revealed it was moving beyond diversity toward “inclusion” by removing “unconscious bias” among its upper ranks.

Such is the backwash from April 28. If you listened to the state-supported media on election night you might think that Trump had picked on poor, innocent friend next door Canada. His outrageous 51st state jest did send the Canadian political apparatus into panic. A Liberal party that proclaimed Canada a postmodern state with no real traditions (lowerering flags to half mast for six months to promote their Rez School genocide hustle) suddenly adopted the flag-waving ultra-patriotic visage of expatriate comedian Mike Myers.

Instead the commentariat was spitballing about how to make the House of Commons function more smoothly or if Carney should depart for Europe immediately or in a month to meet his true constituents in the EU commentariat. China? Wassat’? Urban crime? I can’t hear you. Canada as fentanyl capital of the West? Not interested.

Astonishingly, many people who should know better bought it. It was Boomers waking from a long nap to impose their cozy values one final time on the nation they’d created via Trudeau. Comfy ridings like Oakville, Burlington, North Vancouver, Ottawa Centre and Charlottetown mailed it in for another four years. Academic hotbeds like Western (London), Laurier (Kitchener),  Waterloo, UNB (Fredericton),  U Calgary (Confederation) Alberta (Strathcona) and UBC (Vancouver) also kept the radical dream alive.

Meanwhile shrieks of “Panic!” over Trump decimated the Bloc (22 seats) and the NDP (7 seats) with their support transferred to a banker-led party that had been poison to them only six months earlier. You could not have written a more supportive script for a party who had neglected the essentials in traditional Canada while pursuing radical policies to please the globalists of the West.

Speaking of time capsules, you’d have been hard-pressed to find a more retro scene than the one produced by the legacy TV networks. With their emphasis on the horse-race story the tone, the panels, the hosts could have easily been teleported from 1990s. While many were interested in the micro of government finance, most listeners were expecting maybe a word or two on the collapsed state exposed by Trump’s aggressive negotiating.

As we’ve mentioned often before, Canada’s allies are appalled by the takeover of the country by malign actors, drugs traffickers, money launderers, real-estate manipulators and Chinese subterfuge. Trump’s generic reference to the border was a catch-all for the corruption swallowing the election process and the finance of the country.

That avoidance was echoed by pollsters who spent the night talking about how the final figures reflected their findings. Except for those that didn’t— Conservatives vote tally over 41 percent and Liberals well under 200 seats. What was avoided was the cumulative effect of highly inflated Liberal polling during the campaign, the “why-bother?” narrative they sold to voters appalled by the Liberals manipulation of the process to switch leaders and hold a micro-campaign of 36 days.

While Donald Trump has announced he’ll work with Carney on tariffs, it’s still highly likely that this was the final Canadian election fought by the old rules where the have-nots (Atlantic Canada) the haves-but-outraged (Quebec) and the indolent (Ontario) control the math for making government. The money pump (Alberta, Saskatchewan) will seek to attract eastern BC and southern Manitoba to their crew. In the worst case Carney may be the nation’s final PM of ten provinces plus territories.

Bruce Dowbiggin @dowbboy is the editor of Not The Public Broadcaster  A two-time winner of the Gemini Award as Canada’s top television sports broadcaster. His new book Deal With It: The Trades That Stunned The NHL And Changed Hockey is now available on Amazon. Inexact Science: The Six Most Compelling Draft Years In NHL History, his previous book with his son Evan, was voted the seventh-best professional hockey book of all time by bookauthority.org. You can see all his books at brucedowbigginbooks.ca.

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