Amen brother. I guess up North and in Murica. The Right Wing has lost their minds in the last 20 years thanks to poisonous media.Quote:
Originally Posted by Thaleia
Amen brother. I guess up North and in Murica. The Right Wing has lost their minds in the last 20 years thanks to poisonous media.Quote:
Originally Posted by Thaleia
Think oil prices are fine well above breakeven its just that no oil company is using cash to increase production other than buying up international companies oil sands assets when they leave. Its pretty much a Canadian owned industry other then Exxon. Just looked at WCS prices and way up from 2015-2020 levels. Also there in USD so there is a big uptick there.Quote:
Originally Posted by BCMtnHound
Its certainly to JT's credit that trans mtn was built as its doing very well and Liz May was completely wrong on that was no market for that heavy oil. As you point out he will get no credit for in BC or AB.
Interesting stuff from EIA on the impact of transmountain expansion. Even when we try to get other than American customers for Canadian oil other Americans buy up 1/2 of it
U.S. imports of crude oil from Canada reached a record of 4.3 million barrels per day (b/d) in July 2024 following the expansion of Canada’s Trans Mountain pipeline. July is the most recent month for which data are available in our Petroleum Supply Monthly (PSM).
The Trans Mountain Expansion (TMX) tripled the line’s previous 300,000-b/d capacity when it began commercial operation in May 2024, bringing additional crude oil produced in the landlocked province of Alberta to Canada’s west coast, where it can be exported. Historically, most crude oil exports out of Alberta have made their way either to refiners in the U.S. Midwest via pipeline or to the U.S. Gulf Coast by rail shipments, where they are either consumed by refiners or loaded onto tankers for seaborne re-exports. TMX was added alongside the previous Trans Mountain pipeline to move larger volumes of crude oil to the coast of British Columbia to then be exported directly to Pacific Ocean buyers.
Since TMX came online in May, early data indicate that refiners on the U.S. West Coast have been key buyers of the new export volumes. Between June and September, the U.S. West Coast accounted for just over half of all maritime crude oil exports out of Western Canada, with the rest going to destinations in Asia, according to data from Vortexa Analytics. The U.S. West Coast imported 498,000 b/d of crude oil in July 2024, according to our PSM, a record high for the region and an increase of 115% compared with July 2023.
The Western Canadian Select (WCS) crude oil spot price at Hardisty is used as a benchmark price to reflect regional crude oil production in Alberta. Historically, WCS spot prices are significantly discounted to other benchmarks because of WCS’s quality and the region’s landlocked geography, which limit its market. Unlike Brent (the global crude oil benchmark grade), WCS has a higher sulfur content and a lower API gravity, and additional costs are necessary to move WCS from its inland pricing location to a coastal seaborne export location.
Note: Price premiums are calculated using the Dated Brent price minus the WCS spot market price at Hardisty.
Since TMX came online in May, added takeaway capacity has had a mixed impact on WCS prices. In July 2024, the monthly average Brent price premium to WCS was $21 per barrel (b), $5/b higher than it was at the same time last year despite the additional capacity provided by TMX. The August price differential was between the five-year (2019–23) average and last year’s level. The September average price differential, however, was slightly below the five-year average level. As of October 29, the Brent price premium to WCS for October is narrower by $10/b compared with October 2023.
The WCS price differential to Brent and other benchmarks often widens in the fall, when Midwestern refiners reduce runs to undergo maintenance, limiting the pool of buyers from Alberta’s primary customers. If the price differentials remain near current levels through the end of the year, it may suggest that the added TMX capacity has helped to insulate Canada’s crude oil producers from the operational decisions of refiners in the U.S. Midwest.
https://www.eia.gov/todayinenergy/detail.php?id=63564
This thread is as good as any to mention Canada rid itself of its penny back in 2013. The penny is mathematical nonsense. Trump would deserve a Nobel Prize in economics for ridding America of the penny's scourge the way Canada did more than a decade ago
The economic picture is quite different province by province and even region by region. That should come as no surprise.Quote:
Originally Posted by dunfree
The economic numbers Thaliea cite are likely on a national aggregated level (I don't know the source so can't verify) but don't dig down to local effects.
As for the right wing vs left wing narratives in Canada, IMO we don't have these to the degree as in the US. Except perhaps among social media or TGR.
Vangroovy/ Whistler is full of Avocadotoast-eaters but when you are beyond Hope ( Hope BC that is ) there are bible belts which you don't really see down thereQuote:
Originally Posted by LeeLau
the NDP just barely pulled off the win in some places by literally a few votes so we almost had a Conservative provincial gov becuz they were highly organized and btw the cons wanted to retroactively thro Bonnie Henry & Teresa Tam in jail ( epidemiologist/ health officers for our American cousins) for making them all get the Vax
Some of the locals went to ottawa, we had a mini convoy here in town with the honkinghorns on big trucks , we had to take an alternate route to the ski hill
I have no Doubt the Cons wil win the next federal election
At least down South the Cons ( successfully) gained ground on NDP policies they portrayed as being to weighted in favour of addicts, mentally unwell and not supportive enough of public safety. This rang true with voters in big cities in the Coast, and medium small centres in the Island, the Interior, the Kootenays.Quote:
Originally Posted by XXX-er
There was almost nothing about Covid Era policies. At least in southern BC, voters have moved on. It's a fringe issue.
Inflation, cost of living, the economy are the main issues in BC politics. IMO they will be also in Canada federal politics
Rural vs non, I believe there was 1 non conservative on Haida Gwai who managed to get themselves elected ?
I think we can assume that Trump spends a good twenty minutes ever day lookin at $100 bill designs with his face on them.
O fuck, guess I am getting $50s for now on...
How about Canada annexes Washington, Oregon and California and Maine to Maryland.
Sent from my iPhone using TGR Forums
Because California is way larger financially than Canada - it would be the other way around.Quote:
Originally Posted by neufox47
Still a GREAT idea!Quote:
Originally Posted by TahoeJ
Canada's population grew by more than 2 million people from 38 million to 40 million people over a 3 year period from 2020 to 2023, a more than 5% increase over 3 years. That doesn't account for nonpermanent residents, of which Canada added another 1 million residents during that time.Quote:
Originally Posted by Kevo
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Meanwhile, Canada's GDP per capita is stalled. It has not increased since 2016 and is currently trending downward.
Unemployment is steadily rising-
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Why is Canada adding millions upon millions of mostly unskilled immigrants into a country with a housing crisis, rising unemployment and a healthcare system that is buckling?
I believe Canada's immigration policies to be extremely unfair to Canadian citizens. I also believe Canadian citizens to be far too polite to ever risk publicly speaking out against Canada's immigration policies, even if it means putting up with serious declines in the standard of living for the average Canadian.
And you know that he will change the color from green to gold.Quote:
Originally Posted by rideit
NYT- "President-elect Donald J. Trump mocked Canada’s prime minister in a post late Monday that described him as “Governor Justin Trudeau of the Great State of Canada.”"
Why? Just check out the Birth rate in Canada, it's all the way down to 1.0 which is among the very lowest in the world. You guys don't want to have kids anymore, so the only way to grow or even maintain is through immigration.Quote:
Originally Posted by Kevo
Jesus… what a fucking retard. It really is incredible.Quote:
Originally Posted by Hopeless Sinner;[emoji[emoji6[emoji640
There was an article I saw yesterday where he also suggested Mexico could become a US state.Quote:
Originally Posted by Hopeless Sinner
As someone born and who still lives in Alberta I don’t bother listening to:
1) the Kool Aid drinkers that expect you to share their beliefs (Alberta is ground zero for people voting against their own interests),
2) opinions on the state of Canada (from anyone really, good for bad) or
3) anyone using Canada as an example of what or what not to do.
I’d be wasting my time.
Thank you for sharing, Darren.
And the reason for that? Housing has become out or reach for 90% of people of child bearing age.Quote:
Originally Posted by Mofro261
Totally. Indians (bindi not feather) are Canada's Mexicans. They do all of the farm work that Canadian born white people won't do, yet get used as political pawns by the right wing. Add that there are doctors, lawyers, and accountants driving cabs and/or throwing bags at the airports. Walk into any nursing class and take note of the demographics.Quote:
Originally Posted by Mofro261
Ottawa would be wise to embrace a robust path to accreditation and citizenship for a sizable number of these people. Xenophobia be damned.
Quote:
Originally Posted by Kevo
you can tell those are scary numbers because they printed them charts in red…
fact.
How much rental housing got built in the last 60 yrs and the houses they do build are expensiveQuote:
Originally Posted by Gcooker
early 60's my dad bought a new 1100 sqft 3 bdroom 1 bathroom at the base of Burnaby mtn only 14K and all his friends thot it was extrabvagant cuz they were all living on the heights in shitty houses and now that house would be a starter home
now days a house has to have multiple everything > 2000sqft or the bank won't finance and if you can afford to buid whatver you want on resale nobody would buy it unless is conforming to what a bank will finance you for
I walk into safeway and look at the checkout front end there will be 5 checkers 4 of them south aznQuote:
Originally Posted by Ted Striker
It’s too bad Canada doesn’t have the space to build…Quote:
Originally Posted by Gcooker
But that would break the 100 mile rule!
Exactly. Canada allowed tens of billions of laundered international money to pour into the housing market while wages stayed largely unchanged. https://globalnews.ca/news/4149818/v...ndering-drugs/Quote:
Originally Posted by Gcooker
https://www.nytimes.com/2022/06/15/w...aundering.html
People can’t afford housing so they don’t have kids.
Adding millions upon millions of immigrants to the situation further exacerbated the housing shortage while at the same time driving down wages, making the problem worse.
Housing is out of reach, and now there is a underclass of millions of nonproductive unskilled immigrants bringing down the GDP per capita in a country that somehow has to pay for a robust social safety net.
Canada is in trouble.
Money is for posers
https://youtu.be/t9xXrYcWVdM?si=hP1wXKHDJAn1TOBV
This guy figured Canada out.
Hmmm. If only there was an industry that had excessive demand and could make use of a large number of ‘unskilled’ laborers.
Teachers?
You mean like Tim Hortons?
Or like service workers at the airport? https://x.com/cosminDZS/status/17614...User=cosminDZS
Or a Tandori restaurant?
https://x.com/Tablesalt13/status/1843040068577186136
Yup. Canada is in the dumps. No opportunity here.
Spread the word far and wide. This should stem the flow of drugs, guns, and undesirables across our southern border!
To be fair (/Letterkenny) on that last one, have you ever been to Brampton? The applicants for any job posting would look exactly the same.
My sister was a banker working for one of the big 5 or 6 banks , she started in the compliance dept when there were 15 people, apparently compliance was the place to be cuz by the time she retired there were hundreds of staff and she was telling lawyers what to do even tho she had never been to law school.
Not only had she not been to law school she never actualy graduated from Burnaby North, altho I think she did get the HS equivalency
she could run a report and find who had transfered illegal amounts out of china, they would send them a letter stating the bank can no longer do business along with a check for their money
I read something that said 2 billion in laundered out of china
Quote:
Originally Posted by Kevo
Well Kevo, you can't fuck yourself out of a demographic hole. Canada, the US...needs immigration.
Maybe they'll have another potato blight somewhere?
Shitposted from a state with a declining and aging population which won't fare well under the New Imperial Order.
The world doesn’t need population growth.Quote:
Originally Posted by highangle
Canada didn’t need to grow its population. It would have been way better off keeping the population at a steady state and disincentivizing single family homes as an asset class for overseas criminals and the local political class.
Just ponder this for a moment:
The fastest growing indigenous population in Canada, is the true Indigenous population. Any immigrant population that come to Canada matches the overall birth rate within 1 max 2 generations. This has been going on since the early 90’s, since the 70’s with the European descendants. Well before the housing crisis.
Want to reduce population growth? Education (especially women), access to birth control, socialized healthcare, and other social safety nets.
It was pointed out to me there are a lota new babys born 9 months after the all-native basketball tournament, gota spread that gene-pool around eh