The Loonie Hour

Carney & Alberta Reach a Deal for an Oil Pipeline

23 snips
Nov 28, 2025
Carney and Alberta strike a deal for a new oil pipeline, sparking discussions on its political implications and the economic benefits of attracting private investment. Meanwhile, Saskatchewan's potash expansion faces challenges with export routes. The podcast also critiques media narratives around immigration and productivity statistics while examining Toronto's housing market collapse and the broader impacts of inflation on affordability. The hosts dive into global debt issues and the potential of Canadian resources in international markets.
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ANECDOTE

Viral Chart Led To A Media Firestorm

  • Rich provided data to The Telegraph which later went viral and was retweeted by JD Vance.
  • CBC then ran a critical piece focused on Rich, unleashing angry and threatening responses toward him and Steve.
INSIGHT

Canada's Per-Capita Growth Has Stalled

  • Rich Diaz says Canada's GDP per capita has flatlined while U.S. growth continued, sparking international attention.
  • The Telegraph chart and Bank of Canada research fed a heated media reaction and political commentary.
ADVICE

Mobilize Private Capital For Resource Projects

  • Attract private and foreign capital to fund major resource infrastructure rather than relying on public funding.
  • Create regulatory clarity to encourage private-sector capex and foreign investment in Canadian projects.
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