Prime Minister Trudeau recently questioned the viability of exporting liquified natural gas from Canada’s East Coast to Europe, saying there has “never been a strong business case” for such projects — even as natural gas prices soared in a Europe weaning itself from Russian supplies. Trudeau’s background is in teaching, not business, so I doubt he knows much about evaluating business cases. But we citizens can discern the business model he evidently favours based on how his government has operated for the last seven years.
