Wow, this market that was quitely strong is now like a sailboat in a storm. Interesting to see all the explanations - interest rates(yes , no, maybe), funds(in, out), too much carry over, too little carry over. Underlying fundlementals are still strong though IMO. All the reason to pick a profitable target price then sit back and enjoy the show, could be good for a while.
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Caution - turbulance ahead!!
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Eminent Domain at its finest. Looks like the Wild Lands Project is finally coming to Canada. See what happens when you vote these idiots in??? Oh by the way taxes are unconstitutional and paying taxes is voluntary.
http://takingliberty.us/TLHome.html
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I agree on the gravity of the problem. Maybe not on the approach. I think we should try the ballot box first. The PC government can only do so much damage b4 the next election when we get a chance to throw them out. Lets be ready to get the job done at that time. HT
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That might be 2 years away and a few disgruntled farmers and ranchers will not influence the next Government using their ballots, we are numerically insignificant. We need to reach the masses and I don't think we can wait 2 years - what happens if the cabinet in the meantime decides your property is no longer yours and will be put to another use of their choosing? I think this stuff is too dangerous to leave on the statute book.
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This comes from having one party in power for decades. They have handed to much power over to oil companies at the expense of land owners. This started big time with Klein and continues.
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<i>....Alberta has just written laws that can remove your property and property rights just as surely as if Stalin had turned up on your doorstep.</i>
I agree completely that the government's ability to expropriate property should be severely restricted. Unfortunately property rights were not enshrined in the Canadian constitution under the watch of PET and the federal Liberal government of the day.
The chickens have come home to roost.
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So what are we going to do about it? I don't want agreement I want indications of potential action to resolve this issue.
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