03-29-2017, 03:17 PM
|
#3642
|
Franchise Player
|
Canada vs US dollars? 13 * 1.33 is 17.3
|
|
|
The Following User Says Thank You to GGG For This Useful Post:
|
|
03-29-2017, 03:17 PM
|
#3643
|
Franchise Player
Join Date: Jul 2003
Location: Sector 7-G
|
Man... Gulf Canada Square is going to be a ghost town.... First CP gone and a greatly reduced Conoco.
Maybe the Calgary Labs in GCS can expand their size on the cheap...
|
|
|
The Following User Says Thank You to I-Hate-Hulse For This Useful Post:
|
|
03-29-2017, 03:21 PM
|
#3644
|
Posted the 6 millionth post!
|
Lets just convert a downtown office tower to a residential tower and offer cheapo rates!
|
|
|
03-29-2017, 03:21 PM
|
#3645
|
Franchise Player
Join Date: Dec 2007
Location: Flames Town
|
Quote:
Originally Posted by I-Hate-Hulse
Man... Gulf Canada Square is going to be a ghost town.... First CP gone and a greatly reduced Conoco.
Maybe the Calgary Labs in GCS can expand their size on the cheap...
|
Well, hopefully Cenovus takes on some people and the Bow building might start looking fuller....
|
|
|
03-29-2017, 03:24 PM
|
#3646
|
#1 Goaltender
|
Cenovus is moving to the new Brookfield building
|
|
|
03-29-2017, 03:32 PM
|
#3647
|
Powerplay Quarterback
|
Another international O&G producer fleeing Alberta.
At what point is our government actually going to do something to stimulate investment? Is it 2019 yet? How much worse is it going to get?
|
|
|
The Following 2 Users Say Thank You to username For This Useful Post:
|
|
03-29-2017, 03:44 PM
|
#3648
|
In the Sin Bin
|
Yeah NDP, figure out a way to make Oil break $60 you clowns.
(although I agree they should be trying to stimulate some growth in the O&G sector, I just think their hands are tied besides lowering corporate taxes, which is the opposite of what they ran and were elected on)
Last edited by polak; 03-29-2017 at 03:49 PM.
|
|
|
03-29-2017, 03:56 PM
|
#3649
|
Powerplay Quarterback
|
Quote:
Originally Posted by polak
Yeah NDP, figure out a way to make Oil break $60 you clowns.
(although I agree they should be trying to stimulate some growth in the O&G sector, I just think their hands are tied besides lowering corporate taxes, which is the opposite of what they ran and were elected on)
|
You think oil at today's prices is the reason global companies are taking their money and investing it in the same product elsewhere?
Same product.....same price......what's different? what changed?????
|
|
|
The Following 4 Users Say Thank You to username For This Useful Post:
|
|
03-29-2017, 03:59 PM
|
#3650
|
Powerplay Quarterback
|
Here's a hint Polak......
http://www.cbc.ca/news/canada/calgar...tion-1.4046020
Quote:
Wall cites reductions to corporate and personal income taxes promised in his recent provincial budget as further incentives, adding that his government has no intention of implementing a carbon tax, unlike Alberta's.
|
Last edited by username; 03-29-2017 at 04:00 PM.
Reason: quote
|
|
|
03-29-2017, 04:02 PM
|
#3651
|
Franchise Player
|
Quote:
Originally Posted by username
You think oil at today's prices is the reason global companies are taking their money and investing it in the same product elsewhere?
Same product.....same price......what's different? what changed?????
|
The capital intensity of our projects is significantly higher than shale. The drilling cost reductions on the shale side were far more significant than the facility cost reductions realized on the SAGD sides. Long timelines for payback compared to shale where you get your money in and out quickly. The best reservoir being owned by currently producing assets and the realization that marginal assets at current prices do not warrant a 20-40 year investment.
|
|
|
03-29-2017, 04:05 PM
|
#3652
|
Powerplay Quarterback
|
Quote:
Originally Posted by GGG
The capital intensity of our projects is significantly higher than shale. The drilling cost reductions on the shale side were far more significant than the facility cost reductions realized on the SAGD sides. Long timelines for payback compared to shale where you get your money in and out quickly. The best reservoir being owned by currently producing assets and the realization that marginal assets at current prices do not warrant a 20-40 year investment.
|
You're right. So adding on a carbon tax, increases to corporate taxes, higher personal income taxes and no access to global markets is going to help us compete globally? Or even with Sask?
Hence my comment - when is this government going to do something that actually helps Alberta become more competitive?
|
|
|
03-29-2017, 04:34 PM
|
#3653
|
In the Sin Bin
|
Alberta has the same corporate tax rate as Saskatchewan and has no PST on the personal side. The fact that BC and Quebec don't understand how the Canadian economy works and won't build the pipelines isn't really the NDP's fault.
What do you want them to do? Cut taxes even though they were bleeding money before the NDP started spending?
The really unfortunate part is that Oil prices fell through the floor on an election year. Agenda's would've been much different had the election been in 2016.
Last edited by polak; 03-29-2017 at 04:37 PM.
|
|
|
The Following 3 Users Say Thank You to polak For This Useful Post:
|
|
03-29-2017, 04:48 PM
|
#3654
|
Franchise Player
Join Date: Mar 2007
Location: Calgary
|
Quote:
Originally Posted by username
Another international O&G producer fleeing Alberta.
At what point is our government actually going to do something to stimulate investment? Is it 2019 yet? How much worse is it going to get?
|
Conoco still has Surmont and other properties producing 120kbpd
|
|
|
03-30-2017, 09:32 AM
|
#3655
|
Franchise Player
Join Date: Mar 2007
Location: Calgary
|
Oil back over $50 this morning.
|
|
|
03-30-2017, 10:25 AM
|
#3656
|
Posted the 6 millionth post!
|
Quote:
Originally Posted by username
|
Where's the incentive to convince an entire fleet of company workers to move from Calgary to Saskatchewan? That would be amazing in itself. Unless Wall thinks that the can re-populate these offices with Saskatchewan locals ...
You'd have to sweeten the Albertan transplant's pay by at least 6% just to get them to accept the PST imposition. Then you'd have to pay them 15-20% more just to convince them to move to Regina or Saskatoon.
|
|
|
03-30-2017, 10:34 AM
|
#3657
|
Powerplay Quarterback
|
Quote:
Originally Posted by Ozy_Flame
Where's the incentive to convince an entire fleet of company workers to move from Calgary to Saskatchewan? That would be amazing in itself. Unless Wall thinks that the can re-populate these offices with Saskatchewan locals
|
You must be too young to remember the good ol days.....I remember when there was incentive to actually move a fleet of 500 workers from Toronto to Calgary....
http://www.theglobeandmail.com/repor...ticle25680040/
Last edited by username; 03-30-2017 at 10:48 AM.
|
|
|
03-30-2017, 10:55 AM
|
#3658
|
Posted the 6 millionth post!
|
Quote:
Originally Posted by username
|
I remember this well.
From one Canadian to another; moving to Calgary in 2005 is a much different story than moving to Saskatoon or Regina in 2016.
|
|
|
03-30-2017, 11:26 AM
|
#3659
|
Our Jessica Fletcher
|
Quote:
Originally Posted by Ozy_Flame
I remember this well.
From one Canadian to another; moving to Calgary in 2005 is a much different story than moving to Saskatoon or Regina in 2016.
|
I'd imagine Torontonians would feel the same way about moving to Calgary as Calgarians would feel about moving to Saskatoon.
|
|
|
The Following User Says Thank You to The Fonz For This Useful Post:
|
|
03-30-2017, 11:29 AM
|
#3660
|
My face is a bum!
|
I think the proximity to the Rocky Mountains helps us more than we give it credit for. Lots of Torontonians justified the move because of cheaper houses and access to nature.
|
|
|
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 08:22 AM.
|
|