Alberta

George Orwell 1984
Lord of the Board
Posts: 3868
Joined: Feb 19th, 2018, 6:24 am

Re: Alberta

Post by George Orwell 1984 »

Not much to fear as we see more and more battery vehicle factories and showrooms burn up .
I love oil and gas,( especially Alberta oil and gas ) you should too!
https://www.carscoops.com/2024/05/byd-r ... -in-china/
raft-cove
Übergod
Posts: 1835
Joined: Aug 29th, 2013, 1:34 am

Re: Alberta

Post by raft-cove »

The most vocal anti-oil crowd are always the least educated and naive enough to believe that it will always be available in growing volumes as needed. The real world doesn't work that way. As they munch on govt subsidized ramen noodles and cricket toppers in the basement, they are oblivious to US oil Supply constraints developing in their prolific shale fields.

While they whine about $75 oil, wait for their tears at $150 oil.
Last edited by raft-cove on May 23rd, 2024, 10:19 am, edited 1 time in total.
Modern Monetary Theory

Today's Fascist Liberal $cience stealing money from future generations in effort to buy more votes - just easy Macro 101 stuff.

Very modern, very fascist, yet very virtuous.

A Liberal Sandwich they call it.
raft-cove
Übergod
Posts: 1835
Joined: Aug 29th, 2013, 1:34 am

Re: Alberta

Post by raft-cove »

Anyone catch the announcement at Tesla?

https://www.reuters.com/business/autos- ... 024-04-15/

"Tesla laying off more than 10% of staff globally as sales fall"

Oh ya, ooooops!
Modern Monetary Theory

Today's Fascist Liberal $cience stealing money from future generations in effort to buy more votes - just easy Macro 101 stuff.

Very modern, very fascist, yet very virtuous.

A Liberal Sandwich they call it.
User avatar
erinmore3775
Grand Pooh-bah
Posts: 2246
Joined: Aug 18th, 2010, 9:16 pm

Re: Alberta

Post by erinmore3775 »

https://globalnews.ca/news/10523327/ed ... 2-RSFW0HZ
https://teachers.ab.ca/news/thirteen-a ... ding-cuts

With perhaps the most rapid student growth in Canada Alberta school boards are feeling the pinch. There were no grant funding rate increases and no inflationary relief provided in February budget, While overall education funding increased 4.4 % the student population increased 5.2%. With the population of the province growing at a rate of about 200,000 per year school funding has not kept pace, neither has health funding.

https://calgary.ctvnews.ca/ama-calls-o ... 1.6718207
We won’t fight homelessness, hunger, or poverty, but we can fight climate change. The juxtaposition of the now and the future, food for thought.

"You make a living by what you get; you make a life by what you give." - Winston Churchill
User avatar
fluffy
Admiral HMS Castanet
Posts: 28564
Joined: Jun 1st, 2006, 5:42 pm

Re: Alberta

Post by fluffy »

This hearkens back to Ralph Klein's stint as premier who, while wildly popular as a "scrapper" with voters, left the province in a mess of crumbling infrastructure.
“We’ll go down in history as the first society that wouldn't save itself because it wasn't cost effective.” – Kurt Vonnegut
George Orwell 1984
Lord of the Board
Posts: 3868
Joined: Feb 19th, 2018, 6:24 am

Re: Alberta

Post by George Orwell 1984 »

fluffy wrote: May 26th, 2024, 6:44 am This hearkens back to Ralph Klein's stint as premier who, while wildly popular as a "scrapper" with voters, left the province in a mess of crumbling infrastructure.
Uh NO

Fast forward to the year Klein retired from politics, 2006; Alberta’s books were in tremendous shape. In Klein’s first budget year (1993/94), Alberta’s net financial debt stood at $8.3 billion. When the final numbers were in on Klein’s last budget, the 2006/07 budget, Alberta possessed net financial assets of $36 billion, a $44.3-billion turnaround in Alberta’s finances in 14 years.

By the end of the Klein era, Albertans thrived. This was not what the critics expected. They thought when governments withdrew from parts of the economy—from borrowing, from public spending as the presumed remedy to every private problem, from corporate welfare—that Alberta’s economy would crater.

But Alberta’s didn’t. In the 1990s, in the years immediately following the budget cuts, Alberta’s economic growth was stronger than the Canadian average with in every year but one. Also, in 1992, the year Klein became premier, Alberta’s unemployment rate was 9.5 per cent; that dropped to 3.4 per cent by the time Klein left office in 2006.
User avatar
fluffy
Admiral HMS Castanet
Posts: 28564
Joined: Jun 1st, 2006, 5:42 pm

Re: Alberta

Post by fluffy »

George Orwell 1984 wrote: May 26th, 2024, 6:51 am By the end of the Klein era, Albertans thrived. This was not what the critics expected. They thought when governments withdrew from parts of the economy—from borrowing, from public spending as the presumed remedy to every private problem, from corporate welfare—that Alberta’s economy would crater.
Yes, he had great success with provincial debt, be he accomplished that at the expense of the health system, the education system, and the province's transportation infrastructure, robbing from Peter to pay Paul so to speak. His financial focus was very narrow, and the province's residences thrived due to oil prices rising to well over $100/bbl during his tenure. This left the province in a very vulnerable position as the spending required to catch up on failing infrastructure was huge, and the ability to deal with economic downturns such as the 2008 financial crisis and the oil price crash was severely hampered.
“We’ll go down in history as the first society that wouldn't save itself because it wasn't cost effective.” – Kurt Vonnegut
raft-cove
Übergod
Posts: 1835
Joined: Aug 29th, 2013, 1:34 am

Re: Alberta

Post by raft-cove »

erinmore3775 wrote: May 25th, 2024, 7:51 pm https://globalnews.ca/news/10523327/ed ... 2-RSFW0HZ
https://teachers.ab.ca/news/thirteen-a ... ding-cuts

With perhaps the most rapid student growth in Canada Alberta school boards are feeling the pinch. There were no grant funding rate increases and no inflationary relief provided in February budget, While overall education funding increased 4.4 % the student population increased 5.2%. With the population of the province growing at a rate of about 200,000 per year school funding has not kept pace, neither has health funding.

https://calgary.ctvnews.ca/ama-calls-o ... 1.6718207
All in due time.

Tax revenues and Royalty revenues rocketing in AB, plenty to help boost education spending.

Shouldn't be a surprise with so many Canadians moving to AB for its economic opportunity and competitive cost of living.

No doubt, so many impressed with Danielle Smith's performance as Premier. UCP will remain in power for decades to come.
Modern Monetary Theory

Today's Fascist Liberal $cience stealing money from future generations in effort to buy more votes - just easy Macro 101 stuff.

Very modern, very fascist, yet very virtuous.

A Liberal Sandwich they call it.
User avatar
erinmore3775
Grand Pooh-bah
Posts: 2246
Joined: Aug 18th, 2010, 9:16 pm

Re: Alberta

Post by erinmore3775 »

https://www.cbc.ca/news/canada/calgary ... 1.7214742

This article may help explain why the Smith UCP government still has citizen support. While they have not done well with health care, education, and relations with municipal governments, large portions of the public do not care about those issues. Instead the government gets support for their economic, climate, and environment policies, and especially their approach to the federal government.
Those surveyed realize that there is little a government can do to ease inflation or shift the real-estate market or change alcohol or drug addiction. However, a government ignores health, education, and support for municipalities at their peril.
We won’t fight homelessness, hunger, or poverty, but we can fight climate change. The juxtaposition of the now and the future, food for thought.

"You make a living by what you get; you make a life by what you give." - Winston Churchill
raft-cove
Übergod
Posts: 1835
Joined: Aug 29th, 2013, 1:34 am

Re: Alberta

Post by raft-cove »

erinmore3775 wrote: May 26th, 2024, 1:23 pm https://www.cbc.ca/news/canada/calgary ... 1.7214742

This article may help explain why the Smith UCP government still has citizen support. While they have not done well with health care, education, and relations with municipal governments, large portions of the public do not care about those issues. Instead the government gets support for their economic, climate, and environment policies, and especially their approach to the federal government.
Those surveyed realize that there is little a government can do to ease inflation or shift the real-estate market or change alcohol or drug addiction. However, a government ignores health, education, and support for municipalities at their peril.
Plenty that can be done to ease inflation.

Lower taxes, reduce wasteful federal govt spending, reduce size of govt, maintain cost of debt 5-7% band so that cattle don't stampede into RE speculation and bid up values.

Children here want to poke at successful UCP performance while AB economy inevitably outpaces rest of country.

The socialists finally falling down, a continuous comedy of errors with hundreds of Liberal voters piling into one clown car. A guy wearing pink socks driving them all to the food bank.
Modern Monetary Theory

Today's Fascist Liberal $cience stealing money from future generations in effort to buy more votes - just easy Macro 101 stuff.

Very modern, very fascist, yet very virtuous.

A Liberal Sandwich they call it.
User avatar
liisgo
Guru
Posts: 5079
Joined: Jan 19th, 2016, 5:25 pm

Re: Alberta

Post by liisgo »

raft-cove wrote: May 26th, 2024, 1:51 pm
erinmore3775 wrote: May 26th, 2024, 1:23 pm https://www.cbc.ca/news/canada/calgary ... 1.7214742

This article may help explain why the Smith UCP government still has citizen support. While they have not done well with health care, education, and relations with municipal governments, large portions of the public do not care about those issues. Instead the government gets support for their economic, climate, and environment policies, and especially their approach to the federal government.
Those surveyed realize that there is little a government can do to ease inflation or shift the real-estate market or change alcohol or drug addiction. However, a government ignores health, education, and support for municipalities at their peril.
Plenty that can be done to ease inflation.

Lower taxes, reduce wasteful federal govt spending, reduce size of govt, maintain cost of debt 5-7% band so that cattle don't stampede into RE speculation and bid up values.

Children here want to poke at successful UCP performance while AB economy inevitably outpaces rest of country.

The socialists finally falling down, a continuous comedy of errors with hundreds of Liberal voters piling into one clown car. A guy wearing pink socks driving them all to the food bank.
A survey that showed some people do not think the government can do anything to control or alter inflation. You got to be kidding.
Interesting that some are at this level of understanding. How many other areas do their thinking misrepresent the reality of these items.
The government is 99% responsible for our countries low confidence in our currency. Low global confidence is because of reports like OECD stating canada is predicted to have the lowest economic growth of all members. Thanks to our government of constant lip service on some dream future economies.
Then our country is completely lost it with opportunity and ease of foreign construction in this country. Thanks to blockages from specific groups to government bureaucracy.
Our currency value dictates our purchasing power, our trade, and thanks to its level 1/3 of our food imports to our tables have lost 30% value in places like Mexico.
Government has block competition in this country as seen very clearly from grocery stores, to cell plans to products. Then tax's on top of taxes just to get those products in your grocery cart.
And in a completely failed productivity level that is now worse than the top 40 industrialized countries in the world. GDP per capital an absolute failure at the hands of government and no other.

Now, Trudeau himself told you all that canada was broken, that they had a plan to fix it. What exactly was he speaking of? Economy, cost of living, competition, foreign investment, development??? Maybe putting Tampons in mens bathrooms.
Here's just a little tidbit from OECD.

Inflation
A devalued currency can result in "imported" inflation for countries that are substantial importers. A sudden 20% decline in the domestic currency could result in imports costing 25% more, as a 20% decline means a 25% increase is needed to get back to the original price point.
"If I find out who's been running this country for the last 8.5 yrs into the ground, there will be hell to pay",,,,,,,,,Prime Minister Justin Trudeau.
raft-cove
Übergod
Posts: 1835
Joined: Aug 29th, 2013, 1:34 am

Re: Alberta

Post by raft-cove »

Weak demand for Canadian dollar stems from lack of confidence from foreign investors.

They sell Canadian assets and the capital leaves Canada until the Fascist Liberal $cience loses next election.

Nice counter-balance is rising commodity prices, growing production and increased export capacity. So as we sell our ethically produced resources to foreign buyers, it bolsters our dollar despite the fiscal management of Liberal Nazis currently tanking our economy in the name of flushable tampons for men and pink, purple and blue hair dye for women trying to be men.
Modern Monetary Theory

Today's Fascist Liberal $cience stealing money from future generations in effort to buy more votes - just easy Macro 101 stuff.

Very modern, very fascist, yet very virtuous.

A Liberal Sandwich they call it.
User avatar
Catsumi
Buddha of the Board
Posts: 20428
Joined: May 24th, 2017, 8:26 pm

Re: Alberta

Post by Catsumi »

Liisgo said
A survey that showed some people do not think the government can do anything to control or alter inflation. You got to be kidding.
Interesting that some are at this level of understanding. How many other areas do their thinking misrepresent the reality of these items.

The government is 99% responsible for our countries low confidence in our currency. Low global confidence is because of reports like OECD stating canada is predicted to have the lowest economic growth of all members.

Thanks to our government of constant lip service on some dream future economies.
Then our country is completely lost it with opportunity and ease of foreign construction in this country. Thanks to blockages from specific groups to government bureaucracy.
Our currency value dictates our purchasing power, our trade, and thanks to its level 1/3 of our food imports to our tables have lost 30% value in places like Mexico.

Government has blocked competition in this country as seen very clearly from grocery stores, to cell plans to products. Then tax's on top of taxes just to get those products in your grocery cart.
And in a completely failed productivity level that is now worse than the top 40 industrialized countries in the world. GDP per capital an absolute failure at the hands of government and no other.

Now, Trudeau himself told you all that canada was broken, that they had a plan to fix it. What exactly was he speaking of? Economy, cost of living, competition, foreign investment, development??? Maybe putting Tampons in mens bathrooms.
Here's just a little tidbit from OECD.

Inflation
A devalued currency can result in "imported" inflation for countries that are substantial importers. A sudden 20% decline in the domestic currency could result in imports costing 25% more, as a 20% decline means a 25% increase is needed to get back to the original price point.


Not just “could” result in higher costs to us importers, but HAS cost us more.

Good post, liisgo

The Niberal way is just too expensive for this country
Sufficiently advanced incompetence is indistinguishable from malice. There’s a certain point at which ignorance becomes malice, at which there is simply no way to become THAT ignorant except deliberately and maliciously.

Unknown
User avatar
The Green Barbarian
Insanely Prolific
Posts: 88947
Joined: Sep 16th, 2010, 9:13 am

Re: Alberta

Post by The Green Barbarian »

liisgo wrote: May 26th, 2024, 3:04 pm

Now, Trudeau himself told you all that canada was broken, that they had a plan to fix it. What exactly was he speaking of? Economy, cost of living, competition, foreign investment, development??? Maybe putting Tampons in mens bathrooms.
Can confirm, was in the Calgary and Winnipeg airport men's bathrooms a few weeks ago and both had tampons available in case any "men" needed them. I am going back next week via Calgary and I'm sure the same tampons will still be there, untouched. I just shake my head.
“It doesn’t matter whether you’re black or brown or white or whatever the hell color you are — it doesn’t matter. We are all Americans, and we are going to pull together as Americans!” - Donald J. Trump, soon to be president-elect 2024.
George Orwell 1984
Lord of the Board
Posts: 3868
Joined: Feb 19th, 2018, 6:24 am

Re: Alberta

Post by George Orwell 1984 »

The Green Barbarian wrote: May 27th, 2024, 10:34 am
liisgo wrote: May 26th, 2024, 3:04 pm

Now, Trudeau himself told you all that canada was broken, that they had a plan to fix it. What exactly was he speaking of? Economy, cost of living, competition, foreign investment, development??? Maybe putting Tampons in mens bathrooms.
Can confirm, was in the Calgary and Winnipeg airport men's bathrooms a few weeks ago and both had tampons available in case any "men" needed them. I am going back next week via Calgary and I'm sure the same tampons will still be there, untouched. I just shake my head.
The question on my mind is are these men’s tampons available in the appropriate camo for our ever so downtrodden military , gotta keep morale up ya know .

Return to “Canada”