Despite its shortcomings, Canada is not an economic basket case​

[shtferbrains]

What about hydro electricity out of Quebec. Big surplus!

And regardless of trade surpluses or deficits, the oil sands for example require a huge capital investment and can drag down productivity when you measure inputs relative to output.

That's why Alberta subsidized them with a very low royalty rate until the capital costs are paid off.

"Free market" Conservatives piking winners and losers again with taxpayers money!

Chuck are you using Quebec as an example the type of economy Alberta should be trying to duplicate?

What is it you hate most about Alberta? Be specific.

[WiltonRanch]

What about hydro electricity out of Quebec. Big surplus!

And regardless of trade surpluses or deficits, the oil sands for example require a huge capital investment and can drag down productivity when you measure inputs relative to output.

That's why Alberta subsidized them with a very low royalty rate until the capital costs are paid off.

"Free market" Conservatives piking winners and losers again with taxpayers money!

Is it any better the Feds dozing money into battery plants and ev manufacturing incentives? Level playing field. Right?

[shtferbrains]

Chuck pretend not to know the difference between a tax cut and subsidies.
Tax cuts let companies keep more of their own money.
Subsidies are when governments use taxpayers money to promote their agenda and buy votes.
Stuff like solar panels and Toyota Prius'.

[AlbertaFarmer5]

Chuck pretend not to know the difference between a tax cut and subsidies.
Tax cuts let companies keep more of their own money.
Subsidies are when governments use taxpayers money to promote their agenda and buy votes.
Stuff like solar panels and Toyota Prius'.

You took the words right out of my mouth. I was going to use the above example of chuck free loading in his parents basement.
His parents are the only breadwinners in the household. And Chuck confiscates their entire income to pay for his vices. By Chuck's definition, it would be a subsidy to his parents when he allows them to keep enough of their hard-earned paychecks to pay the mortgage and keep the electricity and heat on so Chuck can troll in comfort.

[blackpowder]

18 pages on a vague article that doesn't clearly say or prove anything.
Cherry picked generalities that I am clearly too dumb to pick the bones from.
Dollars earned as a percentage of dollars employed is the gist I get?
Farms don't generally do well by that measure.
Perhaps it's the volume of dollars left at the end of the day that matters.
Maybe someone can subtract out all the resource revenue dollars from our GDP and see what's left.
While your at it explain the transfer payment numbers. Also all taxes and trickle down revenues from resources.
Like the spoiled child resenting the family patriarch. Continue to enable or set him on the curb before he destroys the family. Simple.

[blackpowder]

Reading it again, there are indications of speech to text errors or AI involvement.
An editorial that paraphrases an alleged report.
An industry for example which has a high return to capital employed. But adds nothing to our trade deficit.
Numbers which were not segregated for this editorial.
R&D by universities?? Great. And then the graduates leave the country since the days of the Avro.
22 years to get a mining project approval? What's the productivity curve like there?
Blaming one portion of one sector for Canada's overall poor productivity is like blaming the restaurant chair for a poor meal.
Your accountant would not submit an opinion like that on your 40 quarter farm.
Try to flex our brain.
Internet fodder for the gullible masses. Thinking some here actually believe it.
The biggest conspiracy believers anywhere are the ones who perpetuate this kind of stuff while doing the most harm.
I'd take jabbers and flat earth any day over the economic Quislings.

[furrowtickler]

Meanwhile in the real world ..

[chuckChuck]

The pretend libertines in free market Alberta still won't accept that their oil industry and their farms are subsidized by tax payers.

The make all kinds of excuses and keep telling us how tough it is in Alberta. Cue the violins!

It must suck to be sitting on a lot of oil while making record profits and big wages!

"Let’s start with productivity. Oliver Loertscher and Pau Pujolas, professors at McMaster University, have done a deep dive into productivity growth and concluded that its observed stagnation in Canada in the past 20 years is almost entirely because of the oil industry. When they netted out the oil components of the economy and looked at productivity in the rest of the economy, they found it rose at about the same rate as in the past and compared with the U.S.?"

[shtferbrains]

There is an old saying in economics:" If you torture data long enough, it will confess to anything".

Getting to be commonly practiced recently.

[WiltonRanch]

Chuck why do you think the Saskatchewan economy was stagnant for generations because of a shitty socialist government and a government hegemony regulating the sale of wheat and barley? Call a spade a spade. You hate oil obviously but don’t do so much as hear a peep out of you why ag in western Canada has been playing catchup since the cwb was curb stomped. Every expert including yourself said it would be detrimental to farmers to lose the board but you supposed experts were so wrong. For as educated and smart as some are they let feelings get in the way of facts.

[blackpowder]

The pretend libertines in free market Alberta still won't accept that their oil industry and their farms are subsidized by tax payers.

The make all kinds of excuses and keep telling us how tough it is in Alberta. Cue the violins!

It must suck to be sitting on a lot of oil while making record profits and big wages!

"Let’s start with productivity. Oliver Loertscher and Pau Pujolas, professors at McMaster University, have done a deep dive into productivity growth and concluded that its observed stagnation in Canada in the past 20 years is almost entirely because of the oil industry. When they netted out the oil components of the economy and looked at productivity in the rest of the economy, they found it rose at about the same rate as in the past and compared with the U.S.?"

You lose all intelligent audience with this type of response. This is clearly personal for you. Filling some need.
It seems to be the only response capable. If this were an episode of Criminal Minds, we'd find out the origins.

[AlbertaFarmer5]

The pretend libertines in free market Alberta

Libertine definition:

a person, especially a man, who behaves without moral principles or a sense of responsibility, especially in sexual matters.

I learned a new word today. Thanks Chuck.

I have no idea how pretending to be without sexual morals is relevant to an economic discussion?