Yes, the oil companies are gonna run away from Canada due to higher taxes.
They will forgo the billions they make quarterly, not annually, due to carbon regulations. Watch how fast they leave $120 oil.
And, of course, they have multitudes of places to run to. Russia will welcome them and their equipment and maybe, if the oil companies are lucky, they'll get a bottle of Stoli before the Russians boot them out. Ok, maybe not Russia.
But there's always the Arctic. Well, it'll take 30 years to get a steady flow of oil. And it will cost them around $100-$110 a barrel to get them to refineries will be a much better option than Alberta's $50-$60 a barrel.
Brr, please don't leave oil companies. Please stay and keep making billions. And get your best friends, the major natural gas companies, not to abandon their obscene profits. We promise to vote Conservative in Alberta. Don't leave without taking all the money first, pleeeeease.
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