11-04-2025, 02:44 PM
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#27801
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First Line Centre
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Quote:
Originally Posted by Mr.Coffee
He’s right though. Partisanship rules the day these days.
For example, we need a pipeline to the BC coast. Smiths trying to get that done, but you hate her guts so presumably you’re against it. Correct me if I’m wrong. Can’t see you supporting her on that, but it’s absolutely needed if we’re serious about deleveraging from the USA.
The idea hadn’t been floated for 5 mins and didn’t even have details (because the point was to announce the work is going to be done to get the details), and you have the BC premier instantly saying no deal (to what deal? Why say no? Bizarre approach).
This isn’t a country, and we aren’t serious about working together as one.
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Hahahahahahaha. This again!
There is no pipeline. Smith needs to stop running her mouth when she has nothing to back it up.
There are real LNG pipeline projects that are moving ahead. Those take priority over your imaginary project.
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11-04-2025, 02:45 PM
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#27802
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Franchise Player
Join Date: Mar 2015
Location: Pickle Jar Lake
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Quote:
Originally Posted by peter12
Well, we don't currently have a ton of other options, Fuzz.
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Best to do nothing. No other countries on Earth have found ways to survive economically without oil and gas, evidenced by their lack of existence. I guess that's that.
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11-04-2025, 02:46 PM
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#27803
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Franchise Player
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Quote:
Originally Posted by Wolven
Your declaration and insight is as deep as a kiddie pool.
The US is not our best option. They are not even a reasonable option. While their current administration is hostile toward our country, our best option for equipping our military is to partner with any country that is not actively talking about attacking our sovereignty.
We may be very critical of Carney's budget today but he has done some heavy lifting to actually diversify our trade away from the US. You and many other Canadians may not understand it, or even be aware of it, but it is happening anyway and we should embrace the effort full force.
Stopping your mindset of "America First" is how Canada transitions into the new world order as America burns all of its alliances and partnerships to the ground.
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We share a massive land border with them and Canadian and American firms are very intertwined. Our east-west trade infrastructure is hopeless overwhelmed or neglected, and Canadians in some provinces aren't really keen on the environmental cost in building new stuff. Not to mention the Indigenous title stuff in BC and QC.
I'm pretty agnostic on Carney, and yes, regaining some of our ties with Asia is very important but that will realistically take years. In the meantime, we have the world's largest economy right next door. This is just realism.
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11-04-2025, 02:47 PM
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#27804
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Franchise Player
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Quote:
Originally Posted by Wolven
Hahahahahahaha. This again!
There is no pipeline. Smith needs to stop running her mouth when she has nothing to back it up.
There are real LNG pipeline projects that are moving ahead. Those take priority over your imaginary project.
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LNG pipelines are going to run into the same problems as a heavy crude line. The problem is, the feds haven't shown themselves willing to show up and solve any of them.
Edit: It's not even pipelines, but rail, warehouses, port infrastructure, roads. The Lower Mainland has some of the worst land use planning in the world and is running out of industrial land. Meanwhile, hundreds of acres surrounding and in the city of Richmond now has unclear title. We can't build anything anymore.
Last edited by peter12; 11-04-2025 at 02:50 PM.
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11-04-2025, 02:52 PM
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#27805
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Franchise Player
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Conservative MP Chris D'Entremont is supposedly considering a floor crossing in the next week or so.
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11-04-2025, 02:52 PM
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#27806
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damn onions
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Quote:
Originally Posted by Fuzz
If we require to exploit oil and gas to survive as a country, we are not going to last long for some very real reasons.
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Wrong and there’s a lot of good reasons and data as to why you’re wrong on this out there. However, I don’t have the time patience or desire to sit around and debate it on here unfortunately. Particularly cause it won’t make a difference with the zealots.
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11-04-2025, 02:54 PM
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#27807
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damn onions
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Quote:
Originally Posted by Wolven
Hahahahahahaha. This again!
There is no pipeline. Smith needs to stop running her mouth when she has nothing to back it up.
There are real LNG pipeline projects that are moving ahead. Those take priority over your imaginary project.
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At this stage it’s a scoping exercise to design and plan the pipeline.
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11-04-2025, 03:01 PM
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#27808
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Franchise Player
Join Date: Mar 2007
Location: Income Tax Central
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Quote:
Originally Posted by Slava
Well, it's budget day. Apparently, we're both getting an austerity budget that the NDP/Bloc won't support, and we're also getting a budget with $75-100bn deficit that the CPC won't support. I would think there is no possible way that the budget doesn't pass. None of the parties want an election right now (despite the posturing), and they'll either cave, or conveniently not have all the members in the house when the vote happens to make sure it goes through.
As for the actual budget, I'm undecided about the division between the capital and operational budgets. I am generally in favour of characterizing these as different. Still, I also don't want that to become an excuse to spend enormous amounts of money and put us into troublesome debt. I'm interested to see how this looks in practice today, but I still trust that Carney and his fiscally focused team is going to be smart about this.
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Its 'Fight Day' north of the 49th Parallel where the Laurentian Elites in conjunction with the World Economic Forum who are in-league with the Lizard-Men and presumably even the Martians are going to tell us how the Stonecutters and the Grand Mason Lodges are going to spend our money!
__________________
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11-04-2025, 03:02 PM
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#27809
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Franchise Player
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People who don't think there aren't at least a dozen business plans sitting ready to go for a BC pipeline don't know anything. Why would a proponent come out at this stage and announce plans? That's the definition of shooting oneself in the foot. The regulatory and political environment is too tense right now for anyone but the federal government to lead the way.
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11-04-2025, 03:04 PM
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#27810
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Franchise Player
Join Date: Mar 2015
Location: Pickle Jar Lake
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Quote:
Originally Posted by Mr.Coffee
Wrong and there’s a lot of good reasons and data as to why you’re wrong on this out there. However, I don’t have the time patience or desire to sit around and debate it on here unfortunately. Particularly cause it won’t make a difference with the zealots.
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I'm missing what you say I'm wrong on. I'm wrong that we can't survive without oil and gas, or I'm wrong that we require them to survive?
To be clear, I think we can survive just fine transitioning into a future without oil and gas(and no, I don't think we'll go without, but it is good to prepare for reductions), evidenced by other countries existing that don't have it. Now is better than two decades from now.
Also not a zealot, evidenced by my employment in oil and gas, and support for various projects. Zealots are full throated supporters or opposers of everything, regardless of nuances.
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11-04-2025, 03:05 PM
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#27811
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Franchise Player
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$78B deficit in this next budget.
10% reduction in public sector jobs.
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11-04-2025, 03:07 PM
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#27812
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Franchise Player
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Quote:
Originally Posted by calgarygeologist
$78B deficit in this next budget.
10% reduction in public sector jobs.
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Not bad, honestly. Look, the deep deep pit we are in is going to require some spending and gradual cuts to get out of. There is nobody who would want to be delivering a budget after 8 consecutive years of Trudeau free-for-alls.
Poilievre will, and should, criticize this budget, but the reality is, he wouldn't want to be standing in front of the House delivering his either.
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11-04-2025, 03:10 PM
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#27813
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Franchise Player
Join Date: Mar 2007
Location: Income Tax Central
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Carney always said he was going to trim the Public Sector, which really needs some brakes put on it.
It has absolutely ballooned out of control since COVID despite delivering poorer and poorer service.
__________________
The Beatings Shall Continue Until Morale Improves!
This Post Has Been Distilled for the Eradication of Seemingly Incurable Sadness.
The World Ends when you're dead. Until then, you've got more punishment in store. - Flames Fans
If you thought this season would have a happy ending, you haven't been paying attention.
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11-04-2025, 03:47 PM
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#27814
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Looooooooooooooch
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A huge uh oh guys...looks like PP is going to have a melt down...
https://www.cbc.ca/news/politics/bud...ghts-9.6966595
Quote:
More money for CBC/Radio-Canada, spotlight on Eurovision
Budget 2025 proposes to provide $150 million for CBC/Radio-Canada this year to “strengthen its mandate to serve the public and to better reflect the needs of Canadians.”
The government said it will also explore modernizing the public broadcaster's mandate to “strengthen independence.”
And for fans of the wild and wacky Eurovision Song Contest, the government teased that it's working with CBC/Radio Canada to explore participation in the annual music showdown.
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But also, yay for Eurovision!!
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11-04-2025, 03:49 PM
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#27815
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Franchise Player
Join Date: Mar 2007
Location: Income Tax Central
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Quote:
Originally Posted by Looch City
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I wouldnt blame him...who GAF about Eurovision??
__________________
The Beatings Shall Continue Until Morale Improves!
This Post Has Been Distilled for the Eradication of Seemingly Incurable Sadness.
The World Ends when you're dead. Until then, you've got more punishment in store. - Flames Fans
If you thought this season would have a happy ending, you haven't been paying attention.
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11-04-2025, 03:51 PM
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#27816
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Franchise Player
Join Date: Mar 2007
Location: Calgary
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10% reduction in the government headcount would be ~37k.
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11-04-2025, 03:52 PM
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#27817
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Franchise Player
Join Date: Mar 2007
Location: Income Tax Central
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Quote:
Originally Posted by burn_this_city
10% reduction in the government headcount would be ~37k.
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Multiplied by annual salaries and Pension and benefits compensation...thats not nuthin'.
__________________
The Beatings Shall Continue Until Morale Improves!
This Post Has Been Distilled for the Eradication of Seemingly Incurable Sadness.
The World Ends when you're dead. Until then, you've got more punishment in store. - Flames Fans
If you thought this season would have a happy ending, you haven't been paying attention.
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11-04-2025, 03:53 PM
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#27818
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Franchise Player
Join Date: Sep 2009
Location: Calgary
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$3.5-$4.5Bn per year would be my expectation. That's a significant reduction.
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11-04-2025, 04:12 PM
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#27819
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Franchise Player
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Quote:
Originally Posted by calgarygeologist
Conservative MP Chris D'Entremont is supposedly considering a floor crossing in the next week or so.
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CBC is reporting that the MP has been booted from the CPC caucus.
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11-04-2025, 04:13 PM
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#27820
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Franchise Player
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For all the talk about headcount, federal spending on goods/services (which includes the whole public sector) is exactly where it was at the end of the Chretien/Martin era relative to GDP, a period where the federal government was running surpluses.
The biggest changes since then that have put the country in deficits are:
1) Tax and social security revenue from individuals has dropped by 0.6% of GDP (roughly equivalent to about $19B). Income tax reductions and slashing the GST are the big things there.
2) Direct transfers to households have increased by 0.8% of GDP (roughly equivalent to $25B). OAS is the biggest culprit here, but no one seems interested in changing the fact that couples earning up to $180K in retirement can still get the full payment.
3) Increase in healthcare costs. This one is pretty unavoidable though.
So saving a few billion by cutting the public service may help a bit, but it's kind of just window dressing.
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