Well Mr. Stanford, someone is going to supply the world demand for LNG, which is expanding by the way.

The Australians, and the Americans who are in the midst of their own LNG boom btw, realize this.

If you are going to build, or not build, a resource project based on short term commodity prices, you will never build anything. You look long term, and act accordingly.

The relevant facts are these: the global population is headed for 9 billion in 2050, 12 billion in 2100. Those people are going to need "things". Resources. Nations that have resources should be positioning themselves accordingly.

Stanford built his career shamelessly plugging for his heavily subsidized branch plant auto union bolt spinners, and that is as far as his economic prosperity horizons go.

Canada is not going to be a manufacturing superpower, nor a tech superpower. We will have some of those industries to be sure, but our ticket to long term wealth is in resources for the teeming masses.

Fact.