The foreign investors who control most of Canada’s oil and gas industry can’t believe their luck. The war in the Middle East has spiked prices for crude oil and LNG, leading to huge short-term profits. They’re eager to build more LNG terminals in Canada, and our politicians are too.

But there’s a problem. High fossil fuel prices are pushing countries all over the world to switch to renewable energy. And they can build solar panels, wind turbines and batteries way faster than we can build LNG terminals – even with taxpayer subsidies.

The Ksi Lisims LNG project is 100 per cent American-owned, with Wall Street investors from Donald Trump’s inner circle. The project itself would be built overseas. So-called “LNG Canada” is owned entirely by foreign companies. These guys don’t need taxpayer handouts.

Let’s set the record straight. War profiteers shouldn’t get money from Canadian families. Betting public money on LNG markets is risky. And every dollar we give to foreign billionaires takes away funding from projects that would create far more jobs and lasting benefits for Canada.