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Calgary & Alberta Economy


Even if this environment, we can't stop the US takeover of some strategically important assets. Their refinery supplies 1/3 of fuels in Western Canada (or maybe just BC, unclear from the article). Basically all Journie stations (Chevron, FasGas, Ultramar), all the Essos with an On the Run convenience store.
It isn't nearly as strategic now that TMX has a much higher refined product ceiling. All of BC's needs can come down the pipe.

Also ownership doesn't matter. If we value it, and it is acting contrary to our interests, we can expropriate it at any time. If we aren't willing to expropriate it, our interests must not be substantial.
 
De Havilland gets specifically mentioned which is nice
The context: Delivered by the Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, to business groups and chambers of commerce in October 2025.

The quote: "De Havilland in Calgary is building fantastic water bombers. You know, these Canadian water bombers that we saw in LA, Calgary manufactured. So, we can make sure that we build the water bombers here."
 
The context: Delivered by the Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, to business groups and chambers of commerce in October 2025.

The quote: "De Havilland in Calgary is building fantastic water bombers. You know, these Canadian water bombers that we saw in LA, Calgary manufactured. So, we can make sure that we build the water bombers here."
My bet for the budget, funding for a big order, and funding to grow the production line to deliver those orders on a reasonable time scale.

It was supposed to be in a budget a year ago, but things get delayed with turbulent politics at home and abroad.
 
The context: Delivered by the Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, to business groups and chambers of commerce in October 2025.

The quote: "De Havilland in Calgary is building fantastic water bombers. You know, these Canadian water bombers that we saw in LA, Calgary manufactured. So, we can make sure that we build the water bombers here."
Kind of an odd quote, technically, the ones that were used in LA were built in Ontario. I get that she means the new ones will now be built in Calgary, though.
 

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