The net foreign investment position I found particularly interesting.
The fact that we invest more in the US than they invest in Canada is devasting. That likely sums up the problem more than anything. And that likely does not include Canadian’s that develop IP in America for a variety of reasons.
CzechUsOut on
Wow look what happens starting in 2015. Everyone likes to blame oil but you don’t see the same thing happening in other oil producing countries. This was entirely self inflicted by the Trudeau government.
When pipelines were failing and one even straight up being cancelled by Trudeau we scared away all the capital investment which led to our collapse in productivity over the last decade.
We had to curtail oil production at a time when other countries were ramping up oil production because there was as no where to put it. Think about how ridiculous that is. We have the third largest reserves on the planet and for a decade our federal government demonized and handicapped the sector. JT realizing what they did and being forced to buy TMX was an embarrassment. We had a company willing to pay for the whole thing on their own, they just needed the federal government on their side but they were no where to be found.
2 Comments
The net foreign investment position I found particularly interesting.
The fact that we invest more in the US than they invest in Canada is devasting. That likely sums up the problem more than anything. And that likely does not include Canadian’s that develop IP in America for a variety of reasons.
Wow look what happens starting in 2015. Everyone likes to blame oil but you don’t see the same thing happening in other oil producing countries. This was entirely self inflicted by the Trudeau government.
When pipelines were failing and one even straight up being cancelled by Trudeau we scared away all the capital investment which led to our collapse in productivity over the last decade.
We had to curtail oil production at a time when other countries were ramping up oil production because there was as no where to put it. Think about how ridiculous that is. We have the third largest reserves on the planet and for a decade our federal government demonized and handicapped the sector. JT realizing what they did and being forced to buy TMX was an embarrassment. We had a company willing to pay for the whole thing on their own, they just needed the federal government on their side but they were no where to be found.