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Calgary & Alberta Economy

Dārayavauš said:
I am talking about the severe lack of LNGs. Easy example is Germany wanted natural gas from Canada so of course Trudeau said no. So they signed a deal with Qatar instead. We’re just missing out on opportunities left right and centre to the U.S. on this. We could be Australia or Norway, but that makes too much sense for Canadians.
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The problem with this statement is in a vacuum it makes sense. However, our federation is more complicated than that. The feds, Lib. or Con., would never force a pipeline through eastern Canada at the risk of losing their vote. They actually did force a pipeline on BC, whom like us, don't exactly count a lot towards winning an election. Also Alberta cannot have the feds leave Alberta alone to do our own thing while also wanting them to force other Provinces to do what's good for Alberta. Canada is a complicated place...
 
darwink said:
🤫 I guess oil production and oil exports being at a record level is just not good enough.We need a cheerleader who makes us feel good, not a government with a record of successes.
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Most of that investment happening pre-2015. Everything the Trudeau government has done has been a regression. The only successes have been in conjuring wedge issues to deflect from important ones like spiraling debt and stagnant productivity growth.
 
CalgaryTiger said:
The problem with this statement is in a vacuum it makes sense. However, our federation is more complicated than that. The feds, Lib. or Con., would never force a pipeline through eastern Canada at the risk of losing their vote. They actually did force a pipeline on BC, whom like us, don't exactly count a lot towards winning an election. Also Alberta cannot have the feds leave Alberta alone to do our own thing while also wanting them to force other Provinces to do what's good for Alberta. Canada is a complicated place...
Click to expand...
Inter-provincial and international trade and therefore infrastructure that enable both are exclusively federal jurisdiction, so no forcing required. A national government that doesn't promote absolute free movement of goods, services, capital and people within a nation's borders is abdicating its base responsibility.
 
DougB said:
Inter-provincial and international trade and therefore infrastructure that enable both are exclusively federal jurisdiction, so no forcing required. A national government that doesn't promote absolute free movement of goods, services, capital and people within a nation's borders is abdicating its base responsibility.
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Anyways, this could be moved to the thread where we normally discuss these things, but if a company applies for provincial approval as the paramount because they think the feds are worse (when the feds would have approved) and then the province nixes it, that is not the federal government's fault. The company made a strategic mistake.
 
Dārayavauš said:
I am talking about the severe lack of LNGs. Easy example is Germany wanted natural gas from Canada so of course Trudeau said no. So they signed a deal with Qatar instead. We’re just missing out on opportunities left right and centre to the U.S. on this. We could be Australia or Norway, but that makes too much sense for Canadians.
Click to expand...
Trudeau didn't say no. Trudeau said there had to be a business case--that it was a decision of business. And there isn't one from Nova Scotia (since it is fed from the USA NE) which is evident in that a project with all federal approvals in place hasn't moved forward (because the price they need to make the project work is too high, or the term too long).
 
DougB said:
Most of that investment happening pre-2015. Everything the Trudeau government has done has been a regression. The only successes have been in conjuring wedge issues to deflect from important ones like spiraling debt and stagnant productivity growth.
Click to expand...
Ignoring the world wide oil price collapse that just might have a role in this of course. Trudeau sure has a lot of influence in Texas:
1706316568883.png
 
darwink said:
Trudeau didn't say no. Trudeau said there had to be a business case--that it was a decision of business. And there isn't one from Nova Scotia (since it is fed from the USA NE) which is evident in that a project with all federal approvals in place hasn't moved forward (because the price they need to make the project work is too high, or the term too long).
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The business case in Canada isn’t there for more to the regulations which are far too onerous. The fact that we have far more loopholes that are required to jump through than Norway scares off investors and rightly so. Canada just isn’t that business friendly, which is okay if you don’t mind stagnating.

If we didn’t take 15-20 years to get infrastructure built, then we might be able to get anything built.

We’re wasting billions more on TMX XL right now, for no other reason than regulations. (After it’s already been delayed and gone tens of billions over budget already due to regulations). Canada needs to get with the program or we’re going to suffer from it (the bad economic activity is only going to get worse).
 
Dārayavauš said:
The business case in Canada isn’t there for more to the regulations which are far too onerous. The fact that we have far more loopholes that are required to jump through than Norway scares off investors and rightly so. Canada just isn’t that business friendly, which is okay if you don’t mind stagnating.

If we didn’t take 15-20 years to get infrastructure built, then we might be able to get anything built.

We’re wasting billions more on TMX XL right now, for no other reason than regulations. (After it’s already been delayed and gone tens of billions over budget already due to regulations). Canada needs to get with the program or we’re going to suffer from it (the bad economic activity is only going to get worse).
Click to expand...
All the approvals for the Nova Scotia project are in place. There are no regulations to clear. It is a pure business decision. The customers don't want to buy from them because they'll be more expensive. The business needs to be because their gas is more expensive.

As for the Norway reference, Norway ships gas to the continent in pipelines. Many are under used because their production had been stagnant. They don't have to deal with the freeze spread at all, or build much new infrastructure. From North of Stavanger to the Germany North Sea coast coast is less than 700 km.

TMX without intervention would have collapsed anyways due to cost overruns, without an owner willing to subsidize it to the tune of billions.
 

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Greek PM to announce purchase of Canadian-built water bombers during official visit

Kyriakos Mitsotakis said he expects to announce a water-bomber deal with Calgary’s De Havilland Aircraft of Canada worth about $530-million during the visit
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Kyriakos Mitsotakis said he expects to announce a water-bomber deal with Calgary’s De Havilland Aircraft of Canada worth about $530-million during the visit
 
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