Strange that Mr Net Zero is seeking investment from oil producing nations, if he let Alberta produce more oil Canada would have cash and more high paying jobs. It’s ironic that he is in the Middle East. I guess the old Liberal dislike of Western Canada just never goes away. Where does money from foreign investment end up? In the hands of foreigners, with a trickle filtering into our own economy. I guess Mark just sees Canada as an investment opportunity for the wealthy and himself.
You are 100% right Barry. We have oil here in Alberta. Why would you go elsewhere for it. What the f*ck is wrong with the Liberals. They really do not want this country to prosper.
Carney is not visiting the UAE to buy oil - they have $2.5 trillion in sovereign wealth and pension assets. He is there to get UAE to invest some of those dollars in Canada.
Yes he is seeking investors but a lot of their wealth comes from oil, we even buy it from Saudi Arabia. Carney et al are vehemently opposed to fossil fuel development in Canada in the guise of net zero aspirations for the nation, so how does he justify seeking investment from countries supplying the world with fossil fuels? It’s a double standard that demonstrates the insincerity of his climate theology. Yes it’s good to have investment in Canada, but our real wealth is in natural resources and they are being locked up and shut down by the Liberals with Carney as the chief architect.
UAE built their wealth from oil, yes, but it doesn’t mean that they will only invest in oil related infrastructure. They will invest in projects are earn a sufficient return - if Canada only took “green” money nothing would get built. Carney may want to further some green projects but he is also a realist.
Yes but it begs the question, why does he restrict the energy industry in Canada and the wealth it could generate? I’m fine with seeking investment from overseas, but he is allowing the economy of Canada to languish and is opposed to oil and gas development here. We can generate jobs and wealth for ourselves. Foreign investment should be peripheral, our own natural resources should and could be the cornerstone of Canada’s economy. The UAE itself demonstrates the benefits and positive impacts of developing energy resources.
Who says that Carney is restricting energy development in Canada. That was a legitimate question for Trudeau. It remains to be seen for Carney. But the fact that Carney seems to support more LNG projects would indicate otherwise.
One look at the regulatory quagmire in Canada will send any potential investor running the other way, laughing all the way to the USA where investments are actually welcomed.
Steady there..the right wingers need to blather. As if there is an alternative to Carney...which there is not. Oddly Carney is moving to the right and there is still belly aching.
Yes, oil prices are down but they go up, they go down, they go up, they go down, etc., etc. The swing is perpetual. Remember, though, these oil sands plants are investments for a minimum of forty years so there will definitely be lots of good years.
As for oil sands plants being barely profitable, I suggest that you look more closely. All the producers are having decent profit years; not what they were a couple of years ago, but decent profits nevertheless. Remember, though: prices go up; prices go down; prices go up ......
Yes, the LPC does dislike pipelines but the private sector is quite willing and able to fund the construction of a new line. The only requirement is that the government has to allow the oil to be produced and sold. Without that, there will be no more investment in new oilsands plants and there will be no new pipeline to the coast.
$1 Trillion just was committed to the U.S., including the purchase of F-35 fighters. Crown Prince is still in Washington being feted, Carnage is wasting more of our tax money.
No one is going to deal with Carnage/Canada as long as we’re offside with the Trump Administration.
How many failed trade missions/junkets/flights of fancy has he taken since being elected?
Nothing to show for it. We’re still seeing our meagre exports tariffed by both the U.S. AND China!!!!
Paul, DJT is certainly an odious individual but to note - as does Mr. Cobb - the problems in Canada is quite different that loving DJT. I suggest that your animus is clouding YOUR judgement.
Your indoctrination is clear. Globalist propaganda doesn’t allow for independent thinking, common sense, or self-determinism.
Your blindness to the truth and the reality of the world view you hold is a frightening to the free thinker as reading Kafka, 1984 or the Gulag Archipelago. You can vote socialism in but getting rid of it, well, history shows how violent and messy that is. Let’s not go there, let’s learn from history.
Any word on Carney and his UAE bruhs explaining how military weapons Canada sold to the UAE ended up in the possession of the genocidal RSF in Sudan? Or are we supposed to forget that because it’s an inconvenient genocide?
So this woman who is paid more than $600,000 per year has in fact accomplished nothing? No projects have crossed her desk that are new. Any projects in the works are still extremely slow to fully be approved. Just ridiculous. She is, especially, a big wast of our money!
Brian, you write, "Unless I am misunderstanding something, and maybe I am, what is the point of Carney’s announcements?"
Here's a thought: At least some portion of the electorate that Carney owns does not care whether needed projects go ahead or not. They just want to be soothed that Carney is the Anti-Trump. He just needs to keep breathing and talking.
Now, the people I am basing this on are retired Boomers but there are a lot of them and they Vote.
I don't know what would tarnish their image of Carney because when bad things happen, they will blame Trump.
Only the young people care about projects going ahead; they will need to remember to vote.
Me either Penny. I would like to see our country prosper and in turn the younger generation. I worry for them. I am beyond pissed off at the asshole boomers who basically said I'm ok, who cares about anyone else. Assholes. Oh, did I already say that?
Neither did this one but there are so many of the Elbows Up crowd especially in Toronto where they need to call in the army when a couple of inches of snow falls.
I’m retired and me and most of the retirees I know can’t stand Carney or the Liberals. There’s not much Liberal support in Western Canada that’s why we are ignored and shut down by the Liberals. They go after the votes in Eastern Canada, those Boomers are the elbows up crowd being conned by Carney.
Actually I would be more than happy to give up my OAS(not CPP-we all paid into that). As I have said a million times, a couple over 75 who has properly arranged their affairs with help from someone like me can still keep some of their OAS even if they have made 350k a year. Much more than that with the effective us of trusts, estates and corporations. In no world is that reasonable. It was supposed to be basically welfare to get you through the last few years of your life if you needed it. But you would be amazed how many Elbows Up Rosedale/Forest Hills types will scream to the high heavens about that when the topic gets raised. But, to be fair, they need a source of funds to pay their landscapers at their second homes in Muskoka. So, there's that.
I don’t entirely disagree; however, who gets to decide the cut-off number for “need”? The same Muskoka landscaper hirers will have ways and means to circumvent any real measure of “need”. If the Luxury Tax cost more to administer than the tax it recouped, can you imaging the administrative nightmare and cost involved in a means test for OAS. One adjustment could be to increase eligibility requirements for immigrants to have to be Canadian citizens for, say, 20 years.
My view is that it is somewhere south of 350k but you would be surprised how many folks feel they are entitled to that. Both on the left and the right. Reduce the clawback levels and have taxpayers file something similar to the T1135 swearing what their asset levels are and nail them with massive penalties if they get audited and they have lied. The t1135 is a massive PIA form people get caught up in regularly in but it sure has all the taxpayers and their advisors scared. Also have them include the income from any corporations, trusts and estates they earn money through. I have helped millionaires get GIS. Think about that for a minute.
Me either, but you are very correct that many boomers voted for Carney and the Liberals in their delusion that somehow he would get Canada to triumph over the U.S. 🙄Yet, we cannot even eliminate inter-provincial trade barriers within Canada. 😬
I have a good chuckle whenever they trot out Dawn Farrell. Folks should bone up on the Trans Alta return during her 10 year tenure as CEO. It was even worse than Canada's under Trudeau.
Anyone can say oh they talked about a big deal. Talk is cheap and means nothing without a signed contract. Like Trumps UAE trillion dollar deal, it’s just talk, nothing was signed or concrete plans. Carneys the king of talk, he talks companies right out of Canada. If you had paid attention to his previous position and what they said the minute they heard, that Canada must of had a stroke and put him in charge. He was the big man there too, who an accomplished a lot, a lot of companies went broke that’s all.
Brian: It is very worrying the government using Canadians Tax dollars or yet Canada Pension Plans. Please do look into it!! Say if a company goes BROKE the Money e.g. Canada Pension Plan is also Gone NEVER TO BE SEEN AGAIN that is worry some to ALL Canadians. PM Carney does not give a rats A** about us Canadians only about His Own self worth.
You know the yellow jackets that spin around your head in the Fall, looking for sweets, even wanting a sip of your beer. Carney and the liberals are the same as the wasps. Constantly on the go,flitting from one country to the next, trying to sell Canada anyway they can. I think they should stay home and try to fix Canada.
You should be inviting them to come to Canada, same with all the business people of there including Qatar, Saudi Arabia these are major investors in natural resources including oil and gas aswell as gold metals and minerals.
Strange that Mr Net Zero is seeking investment from oil producing nations, if he let Alberta produce more oil Canada would have cash and more high paying jobs. It’s ironic that he is in the Middle East. I guess the old Liberal dislike of Western Canada just never goes away. Where does money from foreign investment end up? In the hands of foreigners, with a trickle filtering into our own economy. I guess Mark just sees Canada as an investment opportunity for the wealthy and himself.
You are 100% right Barry. We have oil here in Alberta. Why would you go elsewhere for it. What the f*ck is wrong with the Liberals. They really do not want this country to prosper.
Carney is not visiting the UAE to buy oil - they have $2.5 trillion in sovereign wealth and pension assets. He is there to get UAE to invest some of those dollars in Canada.
Yes he is seeking investors but a lot of their wealth comes from oil, we even buy it from Saudi Arabia. Carney et al are vehemently opposed to fossil fuel development in Canada in the guise of net zero aspirations for the nation, so how does he justify seeking investment from countries supplying the world with fossil fuels? It’s a double standard that demonstrates the insincerity of his climate theology. Yes it’s good to have investment in Canada, but our real wealth is in natural resources and they are being locked up and shut down by the Liberals with Carney as the chief architect.
UAE built their wealth from oil, yes, but it doesn’t mean that they will only invest in oil related infrastructure. They will invest in projects are earn a sufficient return - if Canada only took “green” money nothing would get built. Carney may want to further some green projects but he is also a realist.
Yes but it begs the question, why does he restrict the energy industry in Canada and the wealth it could generate? I’m fine with seeking investment from overseas, but he is allowing the economy of Canada to languish and is opposed to oil and gas development here. We can generate jobs and wealth for ourselves. Foreign investment should be peripheral, our own natural resources should and could be the cornerstone of Canada’s economy. The UAE itself demonstrates the benefits and positive impacts of developing energy resources.
Who says that Carney is restricting energy development in Canada. That was a legitimate question for Trudeau. It remains to be seen for Carney. But the fact that Carney seems to support more LNG projects would indicate otherwise.
One look at the regulatory quagmire in Canada will send any potential investor running the other way, laughing all the way to the USA where investments are actually welcomed.
Invest in what?
Steady there..the right wingers need to blather. As if there is an alternative to Carney...which there is not. Oddly Carney is moving to the right and there is still belly aching.
Good point Barry Hall. Why indeed globe trotting to oil producing countries when ethically producing oil right here in the province of his birth.
The irony is delicious; the hypocrisy delectable.
Paul, you are the incorrect individual.
Yes, oil prices are down but they go up, they go down, they go up, they go down, etc., etc. The swing is perpetual. Remember, though, these oil sands plants are investments for a minimum of forty years so there will definitely be lots of good years.
As for oil sands plants being barely profitable, I suggest that you look more closely. All the producers are having decent profit years; not what they were a couple of years ago, but decent profits nevertheless. Remember, though: prices go up; prices go down; prices go up ......
Yes, the LPC does dislike pipelines but the private sector is quite willing and able to fund the construction of a new line. The only requirement is that the government has to allow the oil to be produced and sold. Without that, there will be no more investment in new oilsands plants and there will be no new pipeline to the coast.
So, Sir, you are the one not making any sense.
Did #francesk 🇨🇦 tell you that? 😬
$1 Trillion just was committed to the U.S., including the purchase of F-35 fighters. Crown Prince is still in Washington being feted, Carnage is wasting more of our tax money.
No one is going to deal with Carnage/Canada as long as we’re offside with the Trump Administration.
How many failed trade missions/junkets/flights of fancy has he taken since being elected?
Nothing to show for it. We’re still seeing our meagre exports tariffed by both the U.S. AND China!!!!
Tits Up eh!
Paul, DJT is certainly an odious individual but to note - as does Mr. Cobb - the problems in Canada is quite different that loving DJT. I suggest that your animus is clouding YOUR judgement.
Your indoctrination is clear. Globalist propaganda doesn’t allow for independent thinking, common sense, or self-determinism.
Your blindness to the truth and the reality of the world view you hold is a frightening to the free thinker as reading Kafka, 1984 or the Gulag Archipelago. You can vote socialism in but getting rid of it, well, history shows how violent and messy that is. Let’s not go there, let’s learn from history.
Any word on Carney and his UAE bruhs explaining how military weapons Canada sold to the UAE ended up in the possession of the genocidal RSF in Sudan? Or are we supposed to forget that because it’s an inconvenient genocide?
So this woman who is paid more than $600,000 per year has in fact accomplished nothing? No projects have crossed her desk that are new. Any projects in the works are still extremely slow to fully be approved. Just ridiculous. She is, especially, a big wast of our money!
She is the genius who delivered TMX at 4x the cost estimated by K-M.
Brian, you write, "Unless I am misunderstanding something, and maybe I am, what is the point of Carney’s announcements?"
Here's a thought: At least some portion of the electorate that Carney owns does not care whether needed projects go ahead or not. They just want to be soothed that Carney is the Anti-Trump. He just needs to keep breathing and talking.
Now, the people I am basing this on are retired Boomers but there are a lot of them and they Vote.
I don't know what would tarnish their image of Carney because when bad things happen, they will blame Trump.
Only the young people care about projects going ahead; they will need to remember to vote.
This boomer sure as hell didn’t vote for Carney or either Trudeau.
Nor this one!
Me either Penny. I would like to see our country prosper and in turn the younger generation. I worry for them. I am beyond pissed off at the asshole boomers who basically said I'm ok, who cares about anyone else. Assholes. Oh, did I already say that?
Neither did I. They are the bane of our existence in Canada. It’s the morons in Toronto.
The morons in Toronto, plus the Laurentian elites, and the easily duped CBC devotees.
You and me girl.
Neither did this one but there are so many of the Elbows Up crowd especially in Toronto where they need to call in the army when a couple of inches of snow falls.
I’m retired and me and most of the retirees I know can’t stand Carney or the Liberals. There’s not much Liberal support in Western Canada that’s why we are ignored and shut down by the Liberals. They go after the votes in Eastern Canada, those Boomers are the elbows up crowd being conned by Carney.
Why should anyone give up their CP and OAS?
Why refuse that? I paid into it?
Actually I would be more than happy to give up my OAS(not CPP-we all paid into that). As I have said a million times, a couple over 75 who has properly arranged their affairs with help from someone like me can still keep some of their OAS even if they have made 350k a year. Much more than that with the effective us of trusts, estates and corporations. In no world is that reasonable. It was supposed to be basically welfare to get you through the last few years of your life if you needed it. But you would be amazed how many Elbows Up Rosedale/Forest Hills types will scream to the high heavens about that when the topic gets raised. But, to be fair, they need a source of funds to pay their landscapers at their second homes in Muskoka. So, there's that.
I don’t entirely disagree; however, who gets to decide the cut-off number for “need”? The same Muskoka landscaper hirers will have ways and means to circumvent any real measure of “need”. If the Luxury Tax cost more to administer than the tax it recouped, can you imaging the administrative nightmare and cost involved in a means test for OAS. One adjustment could be to increase eligibility requirements for immigrants to have to be Canadian citizens for, say, 20 years.
My view is that it is somewhere south of 350k but you would be surprised how many folks feel they are entitled to that. Both on the left and the right. Reduce the clawback levels and have taxpayers file something similar to the T1135 swearing what their asset levels are and nail them with massive penalties if they get audited and they have lied. The t1135 is a massive PIA form people get caught up in regularly in but it sure has all the taxpayers and their advisors scared. Also have them include the income from any corporations, trusts and estates they earn money through. I have helped millionaires get GIS. Think about that for a minute.
It’s tricky business. After a minute’s thought, I am not impressed that you “have helped millionaires get GIS.”
Sure but the flip side of that is voting for a party just because you think you are entitled to your entitlements.
Me either, but you are very correct that many boomers voted for Carney and the Liberals in their delusion that somehow he would get Canada to triumph over the U.S. 🙄Yet, we cannot even eliminate inter-provincial trade barriers within Canada. 😬
The announcement is the policy.
Activity without accomplishment is the outcome.
And Carney's fans are happy with that.
I have a good chuckle whenever they trot out Dawn Farrell. Folks should bone up on the Trans Alta return during her 10 year tenure as CEO. It was even worse than Canada's under Trudeau.
Canada will reap what she sows. There is a big harvest waiting!
You mean finding investments for Brookfield NOT canada
Liberals be liberals... Pablo Rodriguez is a liberal... enough said.
Anyone can say oh they talked about a big deal. Talk is cheap and means nothing without a signed contract. Like Trumps UAE trillion dollar deal, it’s just talk, nothing was signed or concrete plans. Carneys the king of talk, he talks companies right out of Canada. If you had paid attention to his previous position and what they said the minute they heard, that Canada must of had a stroke and put him in charge. He was the big man there too, who an accomplished a lot, a lot of companies went broke that’s all.
Brian: It is very worrying the government using Canadians Tax dollars or yet Canada Pension Plans. Please do look into it!! Say if a company goes BROKE the Money e.g. Canada Pension Plan is also Gone NEVER TO BE SEEN AGAIN that is worry some to ALL Canadians. PM Carney does not give a rats A** about us Canadians only about His Own self worth.
Don't think for a second that this is accidental. Fleece Canadians of money and export profits abroad to the elites.
You know the yellow jackets that spin around your head in the Fall, looking for sweets, even wanting a sip of your beer. Carney and the liberals are the same as the wasps. Constantly on the go,flitting from one country to the next, trying to sell Canada anyway they can. I think they should stay home and try to fix Canada.
Spring election? BRING IT ON!
You should be inviting them to come to Canada, same with all the business people of there including Qatar, Saudi Arabia these are major investors in natural resources including oil and gas aswell as gold metals and minerals.
I think we have enough immigrants of that religion.
Very articulate and correct align with Trump success Rebel against Trump well the writing is on the wall! It is not a good outcome.
Re Trump, FAFO.