HANNAFORD: Turns out Trudeau was wrong — Germany just proved Canada always had an LNG ‘business case’

So there was a business case for natural gas exports to Germany after all.

Of course, we never thought otherwise. But back in August 2022, with Europe freezing and scrambling after Russia invaded Ukraine, German Chancellor Olaf Scholz came to Canada hat in hand looking for reliable LNG supplies. Prime Minister Justin Trudeau looked him in the eye and delivered his classic line, that there was “never a strong business case” for Canadian LNG exports to Europe. Too expensive, too far, Europe was going green anyway, etc.