Great Day

[TSIPP]

I’m happy watching the the Trudeau government crash and burn, that’s gotta count for something….

[fjlip]

At least we better try a NEW guy...the devil we know has turned to SHYT!

[jazz]

I am afraid you are wrong there forage. Canada has succumbed to one bad govt, one that clueless people enabled. You see Canada is more monarchy than democratic nation.

In the past 9 years, Trudeau has stacked the environmental legislation and empowered the activists so no resource projects will ever get built again. The entire north has native govts aligned with him, looks like Wab as well. So you can forget about every getting anything off shore again.

He has quietly stacked the Senate as well and bribed up many local mayors as well. Thats why we have a Gondak and Sohi in Edmonton and Calgary.

PP will spend every waking moment of the next 4 yrs trying to reverse it all and probably fail.

Only hope Canada has now is the commodity supercycle.

[AlbertaFarmer5]

But how do we take advantage of the next commodity super cycle when we can't even develop the resources we know about. As you correctly point out, Trudeau has inserted a poison pill into virtually every region and level of government. We can only ride the coattails of the existing development for so long without investing much more.
We may find ourselves on the outside looking in during the next cycle.

[jazz]

But how do we take advantage of the next commodity super cycle when we can't even develop the resources we know about..

We have missed the infrastructure window. All those cancelled projects under Trudeau unlikely to ever be resurrected, even with a new govt. Nobody is going to start anything with the prospect of another radical left wing govt coming to power.

So best we can hope for is doubling of our current prices on current production.

As globalism wanes we could be in for a bumpy ride. Our overseas customers might become less willing to purchase Canadian, especially a country like china if the US starts shooting at them.

But with that decline comes a lower USD which is supportive for commodities and likely a voracious appetite for raw materials coming from that same country. That could spur the next level of investment in that sector.

[chuckChuck]

Has the oil industry stopped? If the oil indsutry is dead how did they manage recent record profits?

There are plans for all kinds of mines and resource development and investment including green investments in many parts of Canada.

The renewable sector was so frothy in Alberta the UCP and Danny Smith had to step in to slow it down even though they don't pick winners and losers in the "freemarket"