Canada: Closed For Business -- The Market, Energy, And Political Page, T+35 -- September 17, 2018

Fallout from the Boston gas explosions: the road-to-New-England. Link here.

Trans news today:

Judges went every which way on critical pipeline decision. No, they didn't. Followed precedent.

A few days away from making major announcement. We'll see.

Liberals' own bill could kill pipeline. Ya think? We've seen this movie before. From the linked article:

What would you call a government that pays $4.5 billion for a pipeline, then passes a law that stops it from getting built? You’d probably call that government a pack of idiots.

And you’d be right.

But this is actually a possibility, now that Bill C-69 is about to advance to second reading in the Senate. This bill, whose horrors are vividly described in Friday’s column by Licia Corbella, is widely condemned as a confusing mess that will ensure no major project is ever built in Canada again.

“If this passes, Canada will have a sign in the window saying ‘Closed for business,’” Alberta Senator Doug Black says. “We might as well turn out the lights, because investment will avoid Canada, period.” In a report to be released soon, the Canada West Foundation says: “Today, our reputation as a place to invest is in tatters, and Bill C-69 is poised to make things worse.”

The report notes that since 2015, Canada’s oil, gas and mining investment has declined 32 per cent. That’s before Bill C-69 takes effect. The bill not only revises and complicates rules for project approvals, inserting criteria up to and including gender issues, but creates an entirely new energy regulator to replace the National Energy Board.

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The Fashion Page

We've seen this several times. It really is incredible. Amazing that it ended up in Dallas. Featured in the weekend edition of The WSJ.

Elsewhere.

http://www.nybooks.com/articles/2016/04/07/brilliant-troubled-dorothy-parker/

Edith Wharton: 1862 - 1937
Coco Chanel: 1883 - 1971
Dorothy Parker: 1893 -  1967
Ernest Hemingway: 1899 - 1961
Ayn Rand: 1905 - 1982

The Algonquin Hotel threesome: Dorothy Parker, Robert Benchley, Robert Sherwood.

Algonquin Round Table
Volney Hotel, in later years