Looks like the Donald doesn’t think Alberta’s oil is all that ethical.
The UCP and all of Alberta are about to have their faces eaten by leopards.
#abpoli #ableg #cdnpoli
The UCP and all of Alberta are about to have their faces eaten by leopards.
#abpoli #ableg #cdnpoli
Comments
Now do drugs (and guns) coming into Canada from the US.
And yes, he is that stupid.
...
/S
Pretty sure that's the plan anyway.
A 25% tariff would be paid by Americans.
Which would make Canadian oil to expensive and make the expansion of domestic production of US Oil a boom industry and eliminate Alberta’s biggest market.
Especially from the oil sands.
The final result is unknown but with almost 100% certainty it's bad for Alberta heavy oil producers and gov't revenue.
In general though, the tariff revenue offset the lower tax revenue from giving the oligarchs a massive tax cut. Its another wealth transfer from the lowest 90% to the top 10% or higher.
1. Continue to buy Alberta Heavy crude.
2. Start refurbishment to use other feedstock
3. Simply be stranded.
Still, if gov't/oil can't get exempt, we are still looking at a four year bust.
This will hurt Americans and Canadians but it won't last forever and it won't destroy us.
Alberta oil is for export.
Alberta threw a hissy fit and the National Energy Program got scrapped.
That ship has sailed.
If he follows through Alberta is toast.
Or at least will finally eliminate the argument that Alberta doesn’t benefit from equalization.
We’ll rely on it.
Poverty is a result of exorbitant wealth hoarding.
Wealth hoarding is a product of capitalism.