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Originally Posted by curves2000
I don't think political leaders are 100% responsible for layoffs or job reductions when it comes to an M&A deal. Companies merge and buyout companies all the time and than take advantage of synergies and cost effectiveness and do so all the time, in good and bad times.
That all being said, it's extremely clear that the federal government and even provincial government's in Canada across all political spectrum's have done unimaginable damage to Canada's #1 industry.
Canada's largest contributor to GDP, taxes and one of the largest sectors of private employment directly and indirectly is definitely in the ICU. There are a lot of people trying to keep it alive and some of the medicine that is being administered is having some extremely bad side effects.
Canadian's of all stripes need to start asking some very very tough questions about our leaders, our future depends on it. If there is one thing we know is that a national plan needs to occur with regards to our ENERGY policy. How do we combine our fossil fuel industry with the changing landscape of "green or clean tech" or whatever we want to call it. We can't just kill our #1 industry without having a plan for how to grow the next best thing that people keep saying is coming. How do we come up with the responsibility to develop and nurture that? How much is the ENERGY industry responsible for, how much is government? Energy industry being the key word due to technical knowledge. This isn't a problem that is going to be solved by some app in downtown Toronto.
I have always said for many years and it's becoming more clear by the day, Canadians and Canada really isn't that smart of a nation. I would argue we have traditionally been the really sexy dumb blonde compared to the other G7 gals at the global party. Blessed with good looks, natural resources and the most powerful economic engine the world has ever seen next door to us.
What will happen to our beautiful looks after make poor choices across the board over a long period of time? If you don't have beauty anymore, you really are going to need a lot of brains in a post Covid world.
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Couldnt agree more.
I know a lot of people constantly drone on about 'Diversification' and 'Clean Energy' but it seems as though they've either grossly been mis-informed about how this can come about and hilariously misled about potential timelines.
You know what companies are driving the bus towards alternative energy sources? Take a guess.
We see 'Big Bad Oil Companies' as raping the land and selling toxic tar-like sludge. But in truth they are 'Energy Companies.'
They're in the business of selling energy. Who do we think is going to be the Vanguard into better and cleaner energy?
But they have to make money to do it.