this post was submitted on 16 Sep 2025
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[–] sbv@sh.itjust.works 11 points 1 day ago* (last edited 1 day ago)

LNG Canada has no Canadian ownership. The project sits in Haisla Nation territory, with the Nation participating through related business partnerships, but the profits flow overwhelmingly to the five foreign corporations that own it: Shell, PETRONAS, PetroChina, Mitsubishi and KOGAS.

...

The inclusion of the Port of Montreal expansion at Contrecoeur raises serious environmental, governance and sovereignty concerns. ... It is also being developed in partnership with DP World, a company controlled by the authoritarian regime of Dubai. That means one of the largest industrial projects on the St. Lawrence in decades will be designed and operated by a foreign state-owned enterprise.

...

The Darlington small nuclear reactor project has a projected cost of more than $20 billion, making it one of the most expensive energy projects in Canadian history. Prior to being added to the Major Projects Office list the project was already approved and had received a $975-million low-interest loan from the Canada Infrastructure Bank, the single largest public subsidy for an SMR in Canada. Although Ontario Power Generation (OPG) is the proponent, major contracts have gone to multinational corporations with substantial foreign ownership, including U.S.-based GE Hitachi and Kiewit.

“This project diverts resources from faster, cheaper clean energy options,” said May. “SMR technology remains theoretical. There are no small modular reactors producing electricity anywhere in the world.”

...

The Green Party argues that true nation-building projects are those that strengthen Canadian sovereignty and cut emissions, not those that expand fossil fuel exports. Recent national polling backs this view:

  • Two thirds of Canadians say they would choose clean-energy projects over oil and gas development according to a June 2025 Abacus Data survey commissioned by Clean Energy Canada.
  • The same Abacus survey found 85% of Canadians want federal climate action maintained or increased.
[–] masterspace@lemmy.ca 7 points 1 day ago* (last edited 23 hours ago)

I would prefer to have a political party's press release, at least run through the filter of a journalist first.

Carney’s “nation-building” projects put foreign corporations ahead of Canadians

Well is that the case? Carney announced 5 nation building project:

  • LNG Phase 2
  • Port of Montreal Expansion
  • Darlington SMRs
  • Saskatchewan Copper Mine expansion
  • BC Copper and Gold Mine expansion

As well as early stage support for:

  • Quebec Toronto High Speed Rail
  • Churchill Manitoba Railway & Port Expansion
  • Critical Mineral Extraction (at the Ring Of Fire in Ontario)
  • Upgraded maritime electrical distribution to spread offshore wind energy throughout the Maritimes and Quebec
  • An Alberta carbon capture plant and pipeline
  • Arctic Critical Mineral Extraction focused on connecting the North and North West of Canada

And the Green Party makes interesting and valid points about two of those being foreign owned, and their usual anti-nuclear points about nuclear (which have literally nothing to do with foreign ownership), and then fail to mention the rest.

Doesn't exactly support their rather broad headline.

[–] Knoxvomica@lemmy.ca 3 points 9 hours ago

What's wild to me is not a single "project" involves housing.