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

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    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!



    Comment


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

      & Liberals doing same with $30 billion for car battery manufacturerers.

      Comment


        Does anyone else get the impression that trying to have a fruitful discussion of economics with an avowed socialist is completely futile?

        "regardless of trade surpluses"

        It is OK to import more than we export, as long as it is any industry except oil and gas...

        Tell us how long your imaginary farm will be in business without a trade surplus?

        Comment


          Originally posted by chuckChuck View Post
          What about hydro electricity out of Quebec. Big surplus!
          See the stats above, Quebec eked out a 0.486 Billion trade surplus, thanks to mining and energy exports. That small surplus was dwarfed by Ontario's $17.8 Billion trade deficit.

          Comment


            Originally posted by chuckChuck View Post
            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.

            Comment


              Originally posted by chuckChuck View Post
              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?

              Comment


                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'.

                Comment


                  Originally posted by shtferbrains View Post
                  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.
                  Last edited by AlbertaFarmer5; Jul 28, 2024, 17:53.

                  Comment


                    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.

                    Comment


                      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.

                      Comment

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