Agreed, I've been saying that for a decade. The US-owned Postmedia and Sunmedia are always soft-selling positions that ultimately support US interests in Canada.
"One measure that makes the largest shareholders financing the MAGA political machine understand that every additional escalation will place a larger cost on their side of the ledger.
This time… the bite better lands on the oil side of the ledger."
Another thing Canada should do, unrelated to this post, is make country of origin labelling rules much stricter so that we average Canadians can more easily execute out boycott.
Shankar, I know you’re mad at the United States government, quite a few of us are, but I’m sure you are very well aware that there’s not a hell of a lot the Democrats can do given their minority position. And I read widely and I know there are many Democrats who are pushing hard as they can and talking to their constituents. But it’s frustrating to us all that they can’t do more. That’s why we’re trying to get out a Hungarian type of vote, 77% need to get out there and do it!
I know.. i am mad at the dems. Never the people. But canada needs to do these things as it is one of those things that will cause economic pain for usa but will help protect the democratic structures. Since yoi read the sov index at the concis very soon you will see how it connects.
Believe it or not, I understand that. . I think you’re reading too much into my hope. I hope that the Democrats blow out the Republicans like Hungary blew out their dictator. Then we’ll see change. We’ll still have Donald Trump but if the Congress can get its act together then they can flex their muscles in assert their power which they should’ve been doing all along anyway. So I’m not naïve, you misunderstand.
The democrats waste a ton of precious time when they have had majority. They also roll over too easily. The minute they win anything going forward, they need to take the gloves off and start throwing punches. I also have little faith in their ability to produce a winning candidate for 2028.
F35’s anyone? Not even Americans would support purchasing the F 35’s at this point. You don’t get treated like this and then dust yourself off, reach into your pocket and hand more money over. That’s an invitation to get kicked in the nuts. When this contract was drawn up was a 100 years from where we are now. Let’s move on. Expand the boycotts.
Yes, Shankar, yes yes yes! Scot Mo is an entrenched hack- Nfld and PM Carney have the chops to do this. We have to stop catering to what currently amounts to special interest groups and unions, powerful as they are, and start standing as a whole.
This is a phased redirection strategy for oil and gas in the shorter term. There is less pain and adjustment for producers and increased uncertainty for US supply. This approach is preferable to imposing Canadian tariffs on key exports and also strengthens bonds with Europe.
I wonder about the possibilities for potash, again strengthening this trade elsewhere. WRT hydro in Quebec, exports are mostly locked Î to long term contracts but perhaps the cheaper power could be used for Quebec based manufacturing to extract further value and reducing available power for surge exports to the US.
Alberta sells its oil to the US at a reduced rate. I know our Trump in Pumps Premier would never increase the prices to the US to match the current market value but Quebec supplies electricity to the Eastern US States as does Ontario.
This is not exactly true, the crude that Alberta produces is worth less than WTI, because the quality of the oil. Light crude produces more high value products, while heavy crude produces less high value fuels like jet fuel and more mid to lower value products like asphalt for example.
Canada does have options - perhaps one of them would be to reduce American ownership of Canadian media. That could be a decent place to start.
Agreed, I've been saying that for a decade. The US-owned Postmedia and Sunmedia are always soft-selling positions that ultimately support US interests in Canada.
Yep, time to make a change and end their influence.
Bring on the Digital Services Tax … we cancelled it on July 1, 2025 to appease the 🍊buffoon …
Absolutely
Shankar A huge natural gas reservoir found offshore TNL...
If brought into production with a few LNG facilities in Labrador or Newfoundland could be a major boost out of the US and feeding Europe...
https://newsletter.doomberg.com/p/new-found-gas
"One measure that makes the largest shareholders financing the MAGA political machine understand that every additional escalation will place a larger cost on their side of the ledger.
This time… the bite better lands on the oil side of the ledger."
Another thing Canada should do, unrelated to this post, is make country of origin labelling rules much stricter so that we average Canadians can more easily execute out boycott.
Shankar, I know you’re mad at the United States government, quite a few of us are, but I’m sure you are very well aware that there’s not a hell of a lot the Democrats can do given their minority position. And I read widely and I know there are many Democrats who are pushing hard as they can and talking to their constituents. But it’s frustrating to us all that they can’t do more. That’s why we’re trying to get out a Hungarian type of vote, 77% need to get out there and do it!
I know.. i am mad at the dems. Never the people. But canada needs to do these things as it is one of those things that will cause economic pain for usa but will help protect the democratic structures. Since yoi read the sov index at the concis very soon you will see how it connects.
Thank you for replying in such a nice way. I read what you say every day and I appreciate your viewpoint very much.
Believe it or not, I understand that. . I think you’re reading too much into my hope. I hope that the Democrats blow out the Republicans like Hungary blew out their dictator. Then we’ll see change. We’ll still have Donald Trump but if the Congress can get its act together then they can flex their muscles in assert their power which they should’ve been doing all along anyway. So I’m not naïve, you misunderstand.
Respect is a demand here. Not an option..
What’s the sov index?
80% is where the safety is.
The democrats waste a ton of precious time when they have had majority. They also roll over too easily. The minute they win anything going forward, they need to take the gloves off and start throwing punches. I also have little faith in their ability to produce a winning candidate for 2028.
F35’s anyone? Not even Americans would support purchasing the F 35’s at this point. You don’t get treated like this and then dust yourself off, reach into your pocket and hand more money over. That’s an invitation to get kicked in the nuts. When this contract was drawn up was a 100 years from where we are now. Let’s move on. Expand the boycotts.
50% excise tax on energy and fertilizer. That’s a starting position. Then let’s take a long look at water.
Yes, Shankar, yes yes yes! Scot Mo is an entrenched hack- Nfld and PM Carney have the chops to do this. We have to stop catering to what currently amounts to special interest groups and unions, powerful as they are, and start standing as a whole.
This is a phased redirection strategy for oil and gas in the shorter term. There is less pain and adjustment for producers and increased uncertainty for US supply. This approach is preferable to imposing Canadian tariffs on key exports and also strengthens bonds with Europe.
I wonder about the possibilities for potash, again strengthening this trade elsewhere. WRT hydro in Quebec, exports are mostly locked Î to long term contracts but perhaps the cheaper power could be used for Quebec based manufacturing to extract further value and reducing available power for surge exports to the US.
Alberta sells its oil to the US at a reduced rate. I know our Trump in Pumps Premier would never increase the prices to the US to match the current market value but Quebec supplies electricity to the Eastern US States as does Ontario.
This is not exactly true, the crude that Alberta produces is worth less than WTI, because the quality of the oil. Light crude produces more high value products, while heavy crude produces less high value fuels like jet fuel and more mid to lower value products like asphalt for example.
I know that but the US is still getting the oil for less than the market value.
Also look at reducing oil exports to the US through the TMX pipeline. Best if they get zero.