Calgary & Alberta Economy

[Chowda7]

Probably doesn't impact Alberta directly much now but more port capacity in Canada is positive

https://www.cbc.ca/news/canada/new-brunswick/federal-transport-minister-saint-john-port-9.7044169

 

[InfrastructureEnthusiast]

Probably doesn't impact Alberta directly much now but more port capacity in Canada is positive

https://www.cbc.ca/news/canada/new-brunswick/federal-transport-minister-saint-john-port-9.7044169

Now about that dry dock...

 

[darwink]

Can we not get them to build some of these cars here? With Dump crapping all over our automotive sector, could be an opportunity to pivot. I'm sure that would eliminate a lot of the cost competitiveness of Chinese EVs, but could be a compromise.

Hard without scale. If a Canadian built BYD could be exported to Europe and Mexico with low tariffs, perhaps?

 

[CalgaryTiger]

Hard without scale. If a Canadian built BYD could be exported to Europe and Mexico with low tariffs, perhaps?

And if we could import vehicles made in Europe, you can fill the boats going back and forth.

There's talk of the feds wanting some car manufacturing as part of a Submarine deal with Germany or South Korea too.

Feels like another couple grand bargains are on the way.

 

[trtcttc]

Can we not get them to build some of these cars here? With Dump crapping all over our automotive sector, could be an opportunity to pivot. I'm sure that would eliminate a lot of the cost competitiveness of Chinese EVs, but could be a compromise.

Our car market is too small. If they can't export to the US, our auto industry is too big for our domestic demand. There is really no alternative. We are not cost competitive with Asia/South America. Europe has large domestic production. The only hope is really for relations to get better with the US, and for the narrative to form that tariffs make cars more expensive, which it absolutely does. US is at 4.4% unemployment. They don't have thousands of people itching to build a bunch more cars.

 

[trtcttc]

There's talk of the feds wanting some car manufacturing as part of a Submarine deal with Germany or South Korea too.

Honestly, I'd much rather have some technology transfer and domestic manufacturing of some parts of the submarines instead of auto jobs.

 

[darwink]

Honestly, I'd much rather have some technology transfer and domestic manufacturing of some parts of the submarines instead of auto jobs.

Those are on the offing too. It is a large deal, a full offset is hard. We can produce the steel for the South Korean subs today. Producing the steel for the German subs--not so much. The auto pitch was an ask for 'think more about offsets, beyond what you have right now'.

 

[Mountain Man]

Our car market is too small. If they can't export to the US, our auto industry is too big for our domestic demand. There is really no alternative. We are not cost competitive with Asia/South America. Europe has large domestic production. The only hope is really for relations to get better with the US, and for the narrative to form that tariffs make cars more expensive, which it absolutely does. US is at 4.4% unemployment. They don't have thousands of people itching to build a bunch more cars.

Yeah good point, the US will block anything while shithead is in power, and there is little incentive for Latin America to import Canadian made cars when they could build them cheaper there.