01-13-2025, 03:13 PM
|
#3701
|
First Line Centre
|
Quote:
Originally Posted by Geraldsh
This is why I don’t understand politicians threatening to cut off supply. It should be business as usual for Canadian exporters and a painful jump in costs for the American buyers - they are the ones who should be lobbying Trump.
|
When it comes to oil...I don't think they will need to. And if he does put a tariff on Alberta oil, he will get lobbied right quick by tens of millions of Americans who wake up one day to very expensive gasoline. I've heard people love higher gas prices due to gov't taxes - ask Trudeau.
|
|
|
01-13-2025, 03:20 PM
|
#3702
|
Franchise Player
Join Date: Mar 2012
Location: Sylvan Lake
|
Quote:
Originally Posted by BoLevi
I've heard people love higher gas prices due to gov't taxes - ask Trudeau.
|
__________________
Captain James P. DeCOSTE, CD, 18 Sep 1993
Corporal Jean-Marc H. BECHARD, 6 Aug 1993
|
|
|
01-13-2025, 03:28 PM
|
#3703
|
#1 Goaltender
|
The problem with oil as a chip is that the USA has yo-yoed from bring a net importer to net exporter over the last few years. They have the capacity and ability to turn on the taps to meet increased demand. They also have the ability to buy from dozens of clients with access to ports. Coupled with 350 million barrels of oil in the Reserve, they have a pretty good chance of making up the production prior to having the taps turned off.
Alberta, frankly just doesnt have the bargaining cache we think it does.
I still think Ontario and Quebec have the best chips in electricity generation - but those are all blue states, so who knows
|
|
|
The Following User Says Thank You to Cappy For This Useful Post:
|
|
01-13-2025, 03:30 PM
|
#3704
|
Franchise Player
Join Date: Feb 2011
Location: Somewhere down the crazy river.
|
Quote:
Originally Posted by CroFlames
Yes, for a short period. But the painful rise in costs will prompt US customers to find US suppliers and abandon Canadian suppliers which will lead to layoffs and potential closures.
|
Yep. And then the US suppliers increase their prices because why not? As long as they’re less than the tariffed goods, and…. the US consumers are screwed.
|
|
|
The Following User Says Thank You to Wormius For This Useful Post:
|
|
01-13-2025, 03:33 PM
|
#3705
|
Franchise Player
Join Date: Mar 2007
Location: Calgary
|
Quote:
Originally Posted by Cappy
The problem with oil as a chip is that the USA has yo-yoed from bring a net importer to net exporter over the last few years. They have the capacity and ability to turn on the taps to meet increased demand. They also have the ability to buy from dozens of clients with access to ports. Coupled with 350 million barrels of oil in the Reserve, they have a pretty good chance of making up the production prior to having the taps turned off.
Alberta, frankly just doesnt have the bargaining cache we think it does.
I still think Ontario and Quebec have the best chips in electricity generation - but those are all blue states, so who knows
|
Biden sold down the medium/heavy oil in the strategic reserve, the US refining complex needs heavy oil from Canada, Mexico, Venezuela. Both Mexico and Venezuela have experienced consistent declining heavy production for the last decade plus. There isn't a quick replacement for the required grades to match the refining slate.
|
|
|
The Following 2 Users Say Thank You to burn_this_city For This Useful Post:
|
|
01-13-2025, 03:34 PM
|
#3706
|
First Line Centre
|
Quote:
Originally Posted by CroFlames
Either the importer or exporter have to clear the shipment at customs via a customs brokerage (like one of these https://www.cbsa-asfc.gc.ca/services...cb-cd-eng.html). Whoever is clearing the shipment handles all the associated duties, taxes or fees.
For customers where we handle the shipment for them, yes we get billed the tariff. We will pass that along via invoice.
For customers who handle the shipments on their own, they would get billed the tariff direct.
This is simplified, as there are various INCO terms agreed to between parties.
Goods will become more expensive for the US consumer; and Canadian firms will likely lose business to US competitors. When Canada implements retaliatory tariffs, the Canadian consumer will be affected.
Everyone with half a brain agrees tariffs are ####ing dumb. Yet, here we are.
|
Cutting off supply has to come along with advertising that make it clear that all of this is happening as a result of the GOP Tarrifs. That is how they will attempt to put political pressure on Trump from within. Sure, if there are Tarrifs on Alberta oil, gas prices in the US will rise, but if supply is reduced or cut off that price rise will probably be exponential. This is why Smith doing what she has done has probably make Canada’s position weaker. The strategy would work best if the Country as a whole is acting as a team.
|
|
|
01-13-2025, 03:35 PM
|
#3707
|
Franchise Player
|
Quote:
Originally Posted by Wormius
Yep. And then the US suppliers increase their prices because why not? As long as they’re less than the tariffed goods, and…. the US consumers are screwed.
|
That is precisely how the tariffs work.
|
|
|
01-13-2025, 03:42 PM
|
#3708
|
Franchise Player
Join Date: Feb 2011
Location: Somewhere down the crazy river.
|
Quote:
Originally Posted by CroFlames
That is precisely how the tariffs work.
|
Except it long term pain for the US consumer, because once they switch to a US supplier, they’ll jack up their prices, and they’re probably not coming back down very fast once tariffs are gone.
|
|
|
01-13-2025, 03:43 PM
|
#3709
|
In the Sin Bin
Join Date: Jan 2018
Location: Alberta
|
Smith is speed running even my wildest nightmares. Plebiscite on statehood within 2 months at this rate lol.
|
|
|
01-13-2025, 03:58 PM
|
#3710
|
Franchise Player
Join Date: Feb 2006
Location: Calgary
|
Quote:
Originally Posted by Geraldsh
This is why I don’t understand politicians threatening to cut off supply. It should be business as usual for Canadian exporters and a painful jump in costs for the American buyers - they are the ones who should be lobbying Trump.
|
Yup. In theory, if the tariff still makes it cheaper to buy from Canada and the US still buys as much from us, then technically, we're good. It's the American businesses and customers that eat that tax.
But in reality, these tariffs are meant to make Canadian goods MORE expensive than US made products, and force Americans to buy home grown. Which again, ultimately hurts everyone. Hurts Canadians cuz we can't sell the goods, and hurts Americans because they now have to pay 25% more for their stuff.
But hey, more money for the military right? Because America! Eff yah!
|
|
|
The Following User Says Thank You to The Yen Man For This Useful Post:
|
|
01-13-2025, 03:58 PM
|
#3711
|
Franchise Player
|
Quote:
Originally Posted by Cappy
The problem with oil as a chip is that the USA has yo-yoed from bring a net importer to net exporter over the last few years. They have the capacity and ability to turn on the taps to meet increased demand. They also have the ability to buy from dozens of clients with access to ports. Coupled with 350 million barrels of oil in the Reserve, they have a pretty good chance of making up the production prior to having the taps turned off.
Alberta, frankly just doesnt have the bargaining cache we think it does.
I still think Ontario and Quebec have the best chips in electricity generation - but those are all blue states, so who knows
|
This is why the US will still be reliant on oil imports despite their position as a net exporter or net importer. They will rely on stable trading partners such as Alberta and as a result Alberta does maintain some bargaining cache.
https://www.api.org/news-policy-and-...and-export-oil
|
|
|
01-13-2025, 04:02 PM
|
#3712
|
First Line Centre
|
Quote:
Originally Posted by RogerWilco
Country as a whole is acting as a team.
|
When it comes to the country acting "like a team", it rings hollow when the other provinces are only prepared to do so when it suits them.
Canada has not ever acted as a team on basically anything. Expecting Alberta to start now, despite the historical Canadian attitude towards the province, is comically transparent, tone deaf, and blatantly self interested
|
|
|
01-13-2025, 04:06 PM
|
#3713
|
CP Gamemaster
Join Date: Feb 2010
Location: The Gary
|
Quote:
Originally Posted by BoLevi
When it comes to the country acting "like a team", it rings hollow when the other provinces are only prepared to do so when it suits them.
Canada has not ever acted as a team on basically anything. Expecting Alberta to start now, despite the historical Canadian attitude towards the province, is comically transparent, tone deaf, and blatantly self interested
|
Ah right, the "it's everyone else's fault" accusation some Albertans love to use. Even though Alberta has traditionally acted as the petulant child in confederation, it's everyone else's fault that happened, and we shouldn't even try to work as a united front. Cool cool cool cool cool cool.
|
|
|
01-13-2025, 04:08 PM
|
#3714
|
Franchise Player
Join Date: Feb 2006
Location: Calgary
|
I mean, he's not wrong. It's a bit of a hard pill to swallow for some Albertans that the official opposition party next time around could very well be a separatist party from Quebec. Yes, we're very united.
|
|
|
01-13-2025, 04:13 PM
|
#3715
|
First Line Centre
|
Quote:
Originally Posted by BoLevi
When it comes to the country acting "like a team", it rings hollow when the other provinces are only prepared to do so when it suits them.
Canada has not ever acted as a team on basically anything. Expecting Alberta to start now, despite the historical Canadian attitude towards the province, is comically transparent, tone deaf, and blatantly self interested
|
Most people in this message board are Albertans living in Alberta I would assume. Get over your victim mentality. We do exceptionally well here, but not everything gets to go our way. This isn’t the wild west.
|
|
|
01-13-2025, 04:14 PM
|
#3716
|
#1 Goaltender
|
Quote:
Originally Posted by calgarygeologist
This is why the US will still be reliant on oil imports despite their position as a net exporter or net importer. They will rely on stable trading partners such as Alberta and as a result Alberta does maintain some bargaining cache.
https://www.api.org/news-policy-and-...and-export-oil
|
My point is, that we are thinking people will be clamoring for Alberta oil the day this happens, which i think is untrue. There are options in place that could make Alberta blink (if our government didnt bend over already), as opposed to electricity which will be nearly impossible to absorb short-term.
We talk like Alberta is the lynchpin here. It maybe isnt
|
|
|
01-13-2025, 04:46 PM
|
#3717
|
First Line Centre
|
Quote:
Originally Posted by Cappy
My point is, that we are thinking people will be clamoring for Alberta oil the day this happens, which i think is untrue. There are options in place that could make Alberta blink (if our government didnt bend over already), as opposed to electricity which will be nearly impossible to absorb short-term.
We talk like Alberta is the lynchpin here. It maybe isnt
|
Notably Alberta isn't talking like that. Alberta is just doing it's thing and everyone is pearl clutching about Smith visiting Trump. (TDS is alive and well, and is so 2020).
|
|
|
01-13-2025, 04:48 PM
|
#3718
|
Franchise Player
|
Forget about all this stuff. The most important things today are the comments from that pillar of intelligence, MTG complaining about the evil Democrats turning up the winds in California. The other items are the many, many balls being held for inauguration, including the most important Coronation Ball. You can't make this up.
|
|
|
01-13-2025, 04:48 PM
|
#3719
|
First Line Centre
|
Quote:
Originally Posted by Mazrim
Ah right, the "it's everyone else's fault" accusation some Albertans love to use. Even though Alberta has traditionally acted as the petulant child in confederation, it's everyone else's fault that happened, and we shouldn't even try to work as a united front. Cool cool cool cool cool cool.
|
Quebec acts like the petulent child much more so than Alberta.
Ontario doesn't bother as they have the tyranny of the majority.
BC acts like a hypocritical petulent child by combining environmental restrictions with massive coal exports.
In short: everyone just looks out for themselves. Which is fine. Just seems silly to complain about Alberta when. Alberta does it.
|
|
|
01-13-2025, 05:01 PM
|
#3720
|
#1 Goaltender
Join Date: Nov 2005
Location: the middle
|
Quote:
Originally Posted by BoLevi
When it comes to oil...I don't think they will need to. And if he does put a tariff on Alberta oil, he will get lobbied right quick by tens of millions of Americans who wake up one day to very expensive gasoline. I've heard people love higher gas prices due to gov't taxes - ask Trudeau.
|
So if he doesn’t put a tariff on Canadian oil, but puts tariffs on other things, it sounds like there’s a pretty potent lever the Feds could pull to ensure tens of millions of Americans start lobbying to do something about it.
It’s like NAFTA negotiations all over again.
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT -6. The time now is 12:42 AM.
|
|