Hey B.C., we're last in Canada!

Re: Hey B.C., we're last in Canada!

Postby Urban Cowboy » Jan 15th, 2019, 2:27 pm

common_sense_guy wrote:People please stop reiterating these Phantom polls. They don't tell you under what circumstances they had polled the people, how many people they polled, what kind of demographic they polled, so their results are actually completely meaningless. Did they ask investors in Canada? Did you ask investors in just BC? Did they ask investors in a certain country? Did they ask the people that live in the old age home down the road for example? The bottom line is they can get the results they want if they carefully pick who they ask and what they ask. And other factors such as that. Stop believing everything you read in taking it as gospel. And for goodness sakes it's a poll on perception? That leaves a lot to interpretation by individuals doesn't it. Completely meaningless poll.


Not all that meaningless, given the extent of decline in housing starts, and projects that have been shelved since the NDP got in.

After all particularly the larger projects require funding from somewhere, and one thing financiers hate is risk, which they do everything possible to avoid, but with the uncertainty always surrounding the NDP this becomes "RISK" which puts the kibosh on much.

So many changes have been imposed in a short time that it will take quite a while to see where the dust settles. At this point all we know is we already have plenty of dust.
“A man is a success if he gets up in the morning and gets to bed at night, and in between he does what he wants to do.” -Bob Dylan
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Re: Hey B.C., we're last in Canada!

Postby ninetyninepct » Jan 18th, 2019, 10:23 pm

ckil wrote:The fact that foreign direct investment into Canada has declined since Trudeau has been in power says it all.


Estimated to be closing on $100 billion since his election. More major and a lot of smaller companies silently leaving for Trump country, and Trump is Trump. Wow. That says a lot about Trudeau and his Liberals when Trump country is preferred.

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Re: Hey B.C., we're last in Canada!

Postby floppi » Jan 19th, 2019, 9:28 am

ninetyninepct wrote:
ckil wrote:The fact that foreign direct investment into Canada has declined since Trudeau has been in power says it all.


Estimated to be closing on $100 billion since his election. More major and a lot of smaller companies silently leaving for Trump country, and Trump is Trump. Wow. That says a lot about Trudeau and his Liberals when Trump country is preferred.


Didn't Trump slash corporate tax? Isn't that why some of the companies are heading South. But wait, they are now starting to feel the pain from that ill advised move by adding trillions more into their deficit and increasing the wealth of the top 1% of the country. It won't be long before that type of policy comes back and bites them on the A$$ and the companies that left will come limping back to Canada.
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Re: Hey B.C., we're last in Canada!

Postby Leifer » Jan 19th, 2019, 11:39 am

Yeah.
Perfect storm for B.C.

Bumbling provincial NDP government chasing away business investment and resource development....combined with a equally inept federal liberal government focused on gender politics, frantic virtue signaling, and taxing businesses and industry into submission.
All this while a tax/red tape slashing U.S president is in power with our greatest trading partner.

We are so screwed... :cuss:
Two essential strategies for success.

1) Never reveal all you know
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Re: Hey B.C., we're last in Canada!

Postby hobbyguy » Jan 19th, 2019, 6:32 pm

https://tradingeconomics.com/canada/foreign-direct-investment

Foreign direct investment is above average for 2018.

It is a pretty volatile number. It will look pretty darn good when the LNG plant gets construction going.

That also points out the fallacy of picking and choosing numbers. One or two big projects can skew the numbers enormously.

It could also spike some when the TMX gets built. Pretty sure there are oilsands producers that would expand if they can move the product at decent prices.

Not all foreign direct investment is good. Stelco being bought by US Steel (and then shuttered) is a negative example.

That said, the investment environment in BC is pretty ugly right now for a variety of reasons, the BC NDP usurpers and their "tax and waste" regime being one of them.
Anyone but Scheer - career pols are know nothings.

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Re: Hey B.C., we're last in Canada!

Postby twobits » Jan 19th, 2019, 7:32 pm

hobbyguy wrote:I can't answer that question, not knowing enough about those internal FN politics. But it sure looks weird from the outside.

And yes, I am just pondering and speculating from a position of relative ignorance about FN politics. Perhaps a FN poster on these forums could explain it to us.


Weird? That is a polite understatement. I am beginning to think this is all intentional. It has to be. If it is not, then our FN's are so totally dysfunctional in their own governance that I am wondering why we even try to consult. You think you have consulted and then find out according to "some", no ya didn't talk to the oldest guy of that "clan" and four other clan patriarchs.
It seems it is easier to determine who the leader of a terrorist group is to communicate with than our FN's.
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Re: Hey B.C., we're last in Canada!

Postby Urban Cowboy » Jan 19th, 2019, 9:24 pm

hobbyguy wrote:https://tradingeconomics.com/canada/foreign-direct-investment

Foreign direct investment is above average for 2018.

It is a pretty volatile number. It will look pretty darn good when the LNG plant gets construction going.

That also points out the fallacy of picking and choosing numbers. One or two big projects can skew the numbers enormously.

It could also spike some when the TMX gets built. Pretty sure there are oilsands producers that would expand if they can move the product at decent prices.

Not all foreign direct investment is good. Stelco being bought by US Steel (and then shuttered) is a negative example.

That said, the investment environment in BC is pretty ugly right now for a variety of reasons, the BC NDP usurpers and their "tax and waste" regime being one of them.


Also a good example of why our leaders should perhaps be a bit more protectionist.

I can think of a number of examples where American companies bought up one of ours and shut it down in short order.
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