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The world will be a better place when The Dinger finally retires.
The rest of Canada could use a bit of Alberta. There's a reason Americans are richer on average than Canadians. Smith is polling above Nenshi.
Mean wealth isn't actually a good predictor of quality of life (beyond a certain point—obviously if you're starving in a gutter you have low QOL, but there's a point at which studies have shown that you have enough and more doesn't help), and anyone sensible should be more interested in the latter. No, we do not need more selfishness and greed in the rest of the country.
https://www.cbc.ca/news/politics/canada-gdp-per-capita-rich-1.7318989
So when Justin Trudeau turned to Mark Carney on how to improve economic growth, he was misguided?
"Paul Beaudry served as deputy governor of the Bank of Canada from 2019 and 2023 and is now a professor at the Vancouver School of Economics at UBC.
"Relative to other countries, we're getting collectively poorer," Beaudry told CBC News. "And it's not only relative to the U.S., it's relative to a lot of other countries. We're in the laggard group.""
The deputy Governor of the Bank of Canada doesn't know what he's talking about?
Post your study or stats or whatever that supports your position. I'll stick with the assessment of Carney and Beaudry.
Not that i expect this to get anywhere, but give it a week or two, she will do something to to undermine it because she needs something to keep the ability to blame the feds for anything that goes wrong in Alberta.
How dare she speak rationally. How dare she even mentions collaboration.
Whatever the quality of her words are, she's proven herself untrustworthy, passing a direct investment credit barely a week after November's MoU that would drive down the effective industrial carbon price. My doubts of her government keeping its end of a deal this time is founded on documented past conduct.
Why should we put carbon taxes on our oil to make it less competitive? That seems counter intuitive to me, and should be abolished.
This is because we bear the cost of oil companies extracting fossil fuels from under our feet, burn it to pollute our air, pollute our water with direct and down-chain products, making us sick and costing taxpayers again. These are called externalities, which in effect becomes a socialized cost and privatized profit. Bankrupt shell companies put the cleanup for their operations on us and the fees Alberta charges to cover end-of-life costs are far too small.
So, a carbon tax is the free-market, economic solution to use price signals to accurately appraise the cost to humanity, which Smith's government is distorting.
All it does is move buyers to other sources without the carbon tax. Carbon tax, imposed by government, is the opposite of the free market.
And still, there is no one who wants to pay for and build it. It’s a non issue.
That's where the "sovereign wealth fund" will come in
Carney needs to rationalize the pipeline permitting process so it can actually happen.