Deputy Whip and MLA Reann Gasper has informed the Speaker of the Legislative Assembly of British Columbia of her decision to step down as MLA for Abbotsford-Mission, creating an opportunity for Conservative Party of British Columbia Leader Hon. Kerry-Lynne Findlay to seek the seat in a forthcoming by-election. Gasper said the decision was made carefully and deliberately, with the future of British Columbia firmly in mind. Abbotsford-Mission MLA Reann Gasper “This is a decision I have made after a great deal of careful consideration, and I believe it is the right decision for me, for our Party, and for the work ahead,” said MLA Gasper. “It has been a privilege to represent the people of Abbotsford-Mission, and I am deeply grateful to everyone who placed their trust in me. I am also grateful for the opportunity to serve alongside my colleagues in the Conservative Caucus and to contribute to our leadership team.” “I have confidence in Kerry-Lynne, in her leadership, and in her ability to ...
To me, this looks like the Leader of the Opposition doing what he often does politically. The Prime Minister, by contrast, has taken off the table the idea that Ottawa is categorically opposed to pipelines and, through the MOU, effectively put the ball in Alberta’s court with defined parameters.
ReplyDeleteThat said, there’s a broader disconnect between political rhetoric and corporate reality.
Pipelines make the most sense in a high‑growth environment where production is scaling rapidly. But if companies are prioritizing cash flow over expansion, incremental egress may be sufficient for a long‑lived, stable production base.
After the 2014–16 collapse and the 2020 shock, the industry shifted. Windfalls today are largely used to pay down debt, strengthen balance sheets, and fund dividends and buybacks — not to launch new mega‑projects.
Yet many conservative politicians, including Smith and Poilievre, still talk as if we’re one pipeline away from another 2006‑style boom. The industry itself is behaving like a mature sector: disciplined capex, long‑lived assets, cash returns.