darwink
Senior Member
I was referring to LNG Canada.
And judging by the current price, most of the projects were rejected until very recently. The USA just has a substantially lower cost base.
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Calgary & Alberta Economy
- Thread starter Oddball
- Start date
And judging by the current price, most of the projects were rejected until very recently. The USA just has a substantially lower cost base.
Morshed
Active Member
JonnyCanuck
Senior Member
Wow ... this could be a game changer.
1. More manufacturing, more diversity of our economy
2. This should create demand for other services to support this factory therefore more feeder companies, more jobs.
This is great news
artvandelay
Active Member
Wow - that is huge news!
Morshed
Active Member
Alberta Well-Positioned for Impending Recession
“Alberta remains one of the best economies in the world and—barring the geopolitical situation getting even worse—should be able to push through the global headwinds and post strong growth in 2022,” says the ATB report.
"In many ways, Alberta right now, from an economic point of view, is the place to be in Canada."
“Alberta remains one of the best economies in the world and—barring the geopolitical situation getting even worse—should be able to push through the global headwinds and post strong growth in 2022,” says the ATB report.
"In many ways, Alberta right now, from an economic point of view, is the place to be in Canada."
UrbanWarrior
Senior Member
Wowzers. That’s wild to hear. I mean, population growth is back up. We’ll probably end up around 80,000 people this year. By 2027/28 we will be pushing 5 million depending on things. Just passed 4.5 million last quarter.
Morshed
Active Member
Tech giant Infosys opens downtown office with plans to hire 1,000 workers by 2024
"This is double the 500 workers over three years that was promised when the company announced its expansion to Alberta in 2021."
More and more corporations showing strong confidence in Alberta's economy
"This is double the 500 workers over three years that was promised when the company announced its expansion to Alberta in 2021."
More and more corporations showing strong confidence in Alberta's economy
Mountain Man
Senior Member
Cheap office space likely helps!
Morshed
Active Member
Global tech firm Sidetrade is set to open its North American headquarters in Calgary on Tuesday with a $24-million investment and a promise of 110 jobs.
they could have chosen Austin or Phoenix but they chose Calgary! Great news and as the article mentions, Calgary's affordability, high living standards, short commute, affordable housing, and provincial tax measures will keep attracting more tech and other corporations to the city.
they could have chosen Austin or Phoenix but they chose Calgary! Great news and as the article mentions, Calgary's affordability, high living standards, short commute, affordable housing, and provincial tax measures will keep attracting more tech and other corporations to the city.
JonnyCanuck
Senior Member
OPEC+ just announced a reduction in production of 2 million barrels a day. This comes at a time when oil reserves around the world are near all time lows. The U.S. has to replace the strategic reserve that Biden bled down all summer in order to reduce pump prices. Oil supply and demand has become a very confusing game for anyone trying to follow it and guess where prices are headed.
Instead of whining about OPEC's decision, the U.S. could turn to their oil producing partner to the north for a solution. I am guessing that Biden and Trudeau have not even had the conversation. "What .
.. increase production in reliable Canada?... in those demon tar sands? We can't have that. What would the ESG crowd say? ....What about the children?
(had to throw that in)"
At a time when the world needs more energy (particularly the U.S. ...the largest consumer of it), I can't believe Canada is sitting on the sidelines for the most part because we put ourselves there. Decisions that should have been made years ago that are almost too late now.
Instead of whining about OPEC's decision, the U.S. could turn to their oil producing partner to the north for a solution. I am guessing that Biden and Trudeau have not even had the conversation. "What .
.. increase production in reliable Canada?... in those demon tar sands? We can't have that. What would the ESG crowd say? ....What about the children? (had to throw that in)"At a time when the world needs more energy (particularly the U.S. ...the largest consumer of it), I can't believe Canada is sitting on the sidelines for the most part because we put ourselves there. Decisions that should have been made years ago that are almost too late now.
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darwink
Senior Member
The feds climate plan has Canada's bitumen production growing by ~640 thousand barrels a day by 2030. And production is already at record levels having grown every year Trudeau has been in office.
JonnyCanuck
Senior Member
Yes, speaking of grown every year under Trudeau is this list:
Scrapped: How nearly $150 billion worth of energy projects have been shelved in Canada
A look at some of the major energy projects over the past few years that never saw the light of day
financialpost.com
darwink
Senior Member
Yawn. Prices. Its a thing. And provinces can reject projects which approach the regulatory regime as province first. That they chose the wrong strategy isn't Trudeau's fault. Fully regulator approved east coast projects are stalled as well.
JonnyCanuck
Senior Member
Yep ... not the federal government's fault that energy projects are stalled or cancelled. It can't be the hostile environment that has been created by the Trudeau government towards fossil fuels and led to massive capital investment retreating from this country. No ... it must be because our fearless leader has 'not seen the business case' for any of these projects.
Morshed
Active Member
WestJet Group designates Calgary as its exclusive global connecting hub, and will concentrate all 787 Dreamliner intercontinental flying to YYC Calgary International Airport Partnership to make Alberta the most cost-competitive aviation market in Canada, promote the province to the world, drive sustainability, enhance post-secondary programs, and improve skilled labour supply for the aviation sector WestJet Group to double its capacity in YYC before end of decade
This is a great announcement with lots of advantages and benefits to Alberta and Calgary. Notice the focus on connecting to Asian hubs.
This is a great announcement with lots of advantages and benefits to Alberta and Calgary. Notice the focus on connecting to Asian hubs.