Quote:
Originally Posted by Azure
This is the greatest lie being told today.
Just with oil Canada has been getting shafted for years, decades even. TMX expansion, even with the ridiculous price tag, was moving the GDP of Canada north by .25%, which is kind of a big deal for the Canadian economy.
The numbers have probably changed slightly, but rough estimates are that TMX expansion is sending roughly 175,000 bbd to Asia, with the number expected to continually rise, especially if tariffs are imposed.
That is roughly $305 million USD per month. Pretty significant for something where 'there is no market.'
What really happened is the US using disinformation and political opportunity to make sure Canada never made an effort to export our oil anywhere else other than the US. Looks like the disinformation worked on you as well.
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A better statement is there is no economic driver for east west over north/south shipping that the market will capture.
With oil for example the benefit of having access to Brent and other international pricing helps out every Canadian barrel sold. It does not help the pipeline company building the pipe.
Same with all east west shipping. It doesn’t make sense. The Crow rate was needed to subsidize east west grain shipping.
When you make these posts you need to be much for honest what you are advocating for
Massive government subsidies of private business to change the economics of east west vs north south shipping. You are advocating for an NEP like program.