Is that what she actually said though? She said Canada's energy industry has found many projects they can collaborate on with the US with, ONCE (hopefully) we can get passed the uncertainty of the tariff war. Her FEAR is that Trump's terrible policies, which are doing damage to America, Canada and the world, go on too long long and the industry can't collaborate going forward.
Put another way in a different context. Joe Biden's first order of business was to kill the Keystone XL pipeline for political, environmental reasons despite it being sound energy policy for the US. Fast forward a little over a year later the concerns with Russia/Ukraine and the associated costs for American's, Biden unleashed the US strategic oil reserve to help with energy costs that were at first dismissed. Poor energy policy from the Biden administration is one of the reasons why we have Psycho man in office.
You forget that he replenished the reserves at a profit.
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First off, it's not our # industry by GDP. Yes, it is significant.
You state many things the current president is in favour of, and things that may happen. I think it's foolish to begin to think you can assume anything about Trump, and it would be even more foolish to enter into economic plans with him. Carney is right, it's over. Time to stop pretending it isn't. "Let's say cooler heads prevail" is not a strategy.
Her fear is she's going to lose the chance she thinks she has to leverage Alberta against Canada. And even if you believed she was somehow capable of pulling off any sort of deal (and I'd really have to question your intelligence based on her past deals) you are still gambling on Trump caring at all about any other country and how it works out for them. That's dumb. I don't want to tie my horse to a crazy train. I certainly wouldn't be leveraging our province's economic future on it.
I just fail to see where those specific comments regarding getting over the tariff concerns and moving on with energy projects for our #1 customer is controversial. Literally everybody is asking for cooler heads to prevail and get back to business. That being said business going forward is different and will need to be. We for sure need to find more countries to trade with and get off the US economic drug. It may also involve significant policy changes. We have Carney, Pierre and Singh all claiming to fight for Canadian dairy. What a laughable joke that is and will be in the bargaining rooms with the EU.
I also agree that the time for Canadian mediocrity is over. Diversification for markets and actually allowing businesses to thrive. Too many passengers on the Canadian economic train as productivity is a mess. If these tariffs do hold and the expected changes with American companies alters the Canadian employment landscape, we will need to adjust. We aren't going to be throwing support dollars to American automotive firms to keep production here if they want to leave, we can train and hire workers to work in Canadian jobs that deal with our strengths. Energy and natural resources is our strength so let's get on with selling what the other countries in the world need while refining more at home. We aren't going to allow some of this obstructionist mentality to creep into projects going forward, we need new markets and need them fast.
You forget that he replenished the reserves at a profit.
Well I didn't say it was at a loss. The point still stands that poor energy policy from the Biden administration resulted in price shocks that were at first dismissed. That is how you have poll after poll after poll in the US indicating that Democrats failed to connect with voters on pocketbook issues during the election which resulted in an election loss. I don't care about the what about, but it was a factor in Biden/Harris vs Trump. People may not understand tariffs but they understand fuel prices (Biden) and eggs (Trump)
Looking at Canada's energy policy, it's safe to say that the last 10 years poor policy has resulted in us being where we are now. We have let untold tens of billions in revenue, investment, taxes and more flow out of Canada for what reason?
I fully agree. I almost wonder if Preston is paid by the liberals because he and his crew of tards are so hugely adept at sewering anything on the right.
Wouldn't surprise me if The Rebel was secretly backed by the NPD/Liberals. That would be such a cool development.
Weird timing of the article. Does nothing but add support to the Liberals. There may be small sentiment of separation in Alberta. It is irrelevant to the rest of Canada. Preston Manning is irrelevant. These dinosaurs are terrified of a socially progressive Canada.
Well I didn't say it was at a loss. The point still stands that poor energy policy from the Biden administration resulted in price shocks that were at first dismissed. That is how you have poll after poll after poll in the US indicating that Democrats failed to connect with voters on pocketbook issues during the election which resulted in an election loss. I don't care about the what about, but it was a factor in Biden/Harris vs Trump. People may not understand tariffs but they understand fuel prices (Biden) and eggs (Trump)
Looking at Canada's energy policy, it's safe to say that the last 10 years poor policy has resulted in us being where we are now. We have let untold tens of billions in revenue, investment, taxes and more flow out of Canada for what reason?
On your first point, the price shock for energy was because of the Russian invasion of Ukraine. It had almost nothing to do with poor energy policy. And yes, there as inflation coming out of Covid and the pandemic supports. Again, a one-time event, and I’m firmly of the belief that either party was going to be in that position. It cut across economies globally, and policy or political positions were basically irrelevant.
On the second point, the Canadian energy policy has gotten us to where we are now. Which is record oil production. I’m sure that’s what you’re referring to, right? Or is this some talking point about how the evil Laurentian Elite wants to shutdown oil and make Alberta a have-not province?
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On your first point, the price shock for energy was because of the Russian invasion of Ukraine. It had almost nothing to do with poor energy policy. And yes, there as inflation coming out of Covid and the pandemic supports. Again, a one-time event, and I’m firmly of the belief that either party was going to be in that position. It cut across economies globally, and policy or political positions were basically irrelevant.
On the second point, the Canadian energy policy has gotten us to where we are now. Which is record oil production. I’m sure that’s what you’re referring to, right? Or is this some talking point about how the evil Laurentian Elite wants to shutdown oil and make Alberta a have-not province?
Did I also refer to a lack of production? Production is at today's levels because of a new pipeline in TMX which had cost over runs 10 times budget. A real lack of market access through pipelines and off-shore terminals has resulted in an insane amount of revenue loss from 2015 onwards. There was a price collapse that did occur in late 2014 but a lack of capacity in getting Canadian crude to market resulted in us selling rib eye steaks as ground beef in terms of price.
Your also in the investment industry and know better. Companies like Trans Canada Pipelines, Encana changing their names (moved HQ to Texas) A lot of large players like Shell, Marathon Oil, Conoccophillips and other majors sold their Canadian assets at depressed prices and moved capital elsewhere that was more friendly. They saw what was happening and jumped ship. All these games that were played cost Canada probably a trillion or more. That was a direct result of poor policy under the Liberals. You wouldn't advise clients that the Canadian energy sector is the best portfolio play for them vs global names. Several large investment banking firms have dropped coverage and closed offices in AB due to a lack of deals, new capital investment and a perceived lack of a global play. Canadian energy sector is seen more as a regional play now that the big dogs are out.
Now to bring this back to AB politics and show you I am not some Conservative hack, the same thing is happening now with clean/green energy projects in AB. Since a lot of the green investment dollars from the feds are going for small a amount of jobs in Ontario to foreign firms. Canada is paying through the nose for these jobs. Alberta is shooing away investment capital from green energy at an alarming rate. Why? Stupid and Canadian.
A lack of federal investment for energy in AB has also left AB feeling left out. Naturally being stupid and being Canadian is a bad combo because of a poor federal policy and relationship with the Canadian energy provinces, we know how our lovely Premier/Premiers and the people there thinking they know better. Rather than attracting and having a national strategy for energy of the future while also pumping out and selling every barrel available, we are still at each others throats and getting jack **** done in that regard. It's evident as day from an outside perspective. Albertan's, Canadian energy companies, our provincial government and our federal government are just a bad combo of being stupid and Canadian and it's costing too much money. That's probably while places like Texas are on fire economically and places like Alberta and Canada are resorting to cutting popsicles for cancer kids and can't even fund healthcare properly or invest in our military.
When it comes to politics and to sports I am the last guy who is ever a homer. I have my teams but I am very objective. I just don't see how anybody can sit here with an open and honest look at Canadian energy/economic policy over the last 10 years and think that Canada and Alberta have done some great job. It's awful. Pure Canadian mediocrity at it's finest. It's evident in our capital markets and it's evident in our NHL teams.
Alberta lost 15K jobs this month, to jump into the 4th largest unemployment rate, at 7.1%. This is lower than the jobless rate, which was not immediately advertised via media outlets.
The Alberta is Calling program is still going strong. I think someone pushed the "auto" button on that one.
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On hwy 3 to the Kootenays on the weekend. Had to have been 6 separate sheriff cruisers with cars pulled over. 2 of them were ghost cars which is super slimy. We all know Marlaina is building up the sheriffs to be her provincial police force. I guess this is how she's going to pay for them.
Bill 49 — the Public Safety Statutes Amendment Act 2025, makes amendments to the Police Act which would specify that the new “independent agency police service” would be a Crown corporation and would operate at “arm’s length” of the government. Under the legislation, municipalities will be able to choose whether or not they want to select the new police agency as their local police service once it becomes operational.
Premier says hospitals, chartered surgical facilities can compete for patients.
She added that if hospitals have idle operating room time, they will need to "be creative" and become more efficient. Otherwise they'll lose funding or their operating room space could be lent out to private surgical companies.
So...private companies doing surgeries for profit in public buildings.
