Working on that permanent NDP majority: Calgary says goodbye to more than 4,000 businesses
More: Layoffs at Calgary-based ConocoPhillips Canada start this week…
And more.
Working on that permanent NDP majority: Calgary says goodbye to more than 4,000 businesses
More: Layoffs at Calgary-based ConocoPhillips Canada start this week…
And more.
Red Rachel must be overjoyed at the devastation she and her fellow communists have inflicted upon Alberta–and they’re nowhere from being finished.
As no doubt are PM Butts and his boss George S.
Prince Potato Head is, of course, oblivious to what’s happening. After all, the layoffs will likely affect people who didn’t vote for the Lieberals, so what is their misery to him?
Like father, like son.
But the increase in the minimum wage will turn all of this around…..won’t it? I mean Comrade Notley insists that is the case and she wouldn’t mislead us…..would she?
Of course minimum wage has to increase. Once we’re all working on communes (all run without the slightest trace of hydrocarbons), we need to live comfortably, right?
Nutley should learn to drive a bus, that’ll guarantee success, it did in Venezuela.
My wife has been spared the carnage at her company… so far. It is a major, international company located around the world. We live in Calgary… 18 months ago it had 4000 employees in the city… it now has 300. I have never seen anything like this. The latest round of layoffs were because of increased taxes (carbon and business). The job losses are bad enough, but think of the loss in talent that may never return.
Alberta dying, Ontario on the skids,an economic wasteland, Quebec and the Atlantic provinces on perpetual dole, whither goes the equalization scheme?
Dipper cabinet minister and former NDP commissar Brian Mason used to be a bus driver.
All the stats point to absolute destruction but Albertans are constantly optimistic nonetheless. They’ve got this can do attitude that is admirable but at this time misplaced. The province has never experienced an NDP government before and people just don’t get it.
They don’t understand the ideology. Things are going to get so much worse.
Cheap debt and good severance packages are papering over the real effect of this downturn. It won’t last much longer. When the tipping point hits we’ll see a massive second recession involving house prices and service sectors.
Lots of pain on the horizon.
Elections matter.
Equalization must continue. Just because Alberta’s going down the tubes doesn’t mean that Quebec has to suffer.
So how does equalization work when ALL the provinces are HAVE-NOT? That’ll be interesting….are some just “more HAVE-NOT” than others?
probably try and convince the LIVs that equalized poverty is as good as equalized prosperity.
Calgary is approaching 10% unemployment – how grateful are they for the $15/hour minimum wage? We will see if they still support Ms Notley when the only jobs available are handing out brown paper bags at drive-thru windows. Say goodbye to the productive, ambitious and young – these workers will leave and find employment elsewhere. The only people left will be retirees and provincial government employees.
It’s called the Curley Effect.
http://www.discoverthenetworks.org/viewSubCategory.asp?id=1891
And yes, it’s very deliberate.
Nutcase does the same as PM Small potatoes, more gubmint workers;
http://www.therebel.media/statscan_alberta_ndp_adds_47_000_government_jobs
But you see, that is in complete alignment with the ideology of the looney left……there will be no need for equalization because every province will be dirt poor! Finally we will have reached “equality”.
Bingo!
I am reminded of a cartoon from the first Trudeau era: Trudeau was asked about high unemployment and he responded with, “What unemployment? I have done a survey among my friends and none of them are unemployed.”
And when this strategy is employed in 3 or more Canadian jurisdictions concurrently ,it is called the Larry,Moe and Curly Effect.
I’ve met many intelligent and hardworking bus drivers.
Judge the person based on their actions and their capabilities, not on what they chose to do for a living. Otherwise you’re falling into the credentialism garbage that lefties so like.
Judging by the state of our schools, degrees mean nothing.
The impoverishment of the entire country makes it ripe for plunder by that “philanthropist” Soros. It certainly looks like this was the objective all along.
You imply that I was disparaging bus drivers. That certainly wasn’t the case. Both of my parents obtained their journeyman’s papers in their respective occupations and I am honoured to be the son of tradesmen.
However, my point was that in Alberta, as in Venezuela, there are influential politicians who are unqualified for their positions of leadership. Just look at PM Tuber Trudeau and tell me that he has what it takes to run this country.
It seems to be those aspiring to be politicians think it’s beneficial to have a law degree. Maybe that’s why we have such convoluted messes in our governments. We need more tradespeople, engineers, people who really have to use more complicated thinking to come up with solutions, real problem solvers.
$70 oil would fix a lot of this mess. But with demand being choked by leftist Western World Gov’ts (in using Notley, Wynne, et al.) hope that will happen before the end of 2017 is waning. It might take until 2019’s elections to put the train back on the tracks. Hopefully there’s a good number of now unemployed smart strong individuals that try going into politics to give voters honest fair minded alternatives to displace the current crop of socialist leaches that now drain us.
Don’t worry – as I am a small business owner I know the 15.00 per hour minimum wage will save the cafe !
I’m sure the Red Bush coffee house would not be getting hassled by city inspectors if the owner were muslim.
Martin B;
If you assume that the ‘savings’ from the oil downturn resides with the consumer then one should expect increased discretionary spending. Yet, the consumer, appears to be in dire straights even with those savings. Any assumption of WTI $70 oil suggests the increased cost reflects an overall economic recovery and that the net/net is all positive. I doubt that will be the case.
Conventional wisdom is that WTI $60 or less is uneconomic and that production cannot increase below that number. I believe that many producers are making money at far less cost. Crescent Point stated the other day that they were making money at $45. Oil sands producers regularly quote lower break even numbers. Add to this the number of state ran producers like Saudi Arabia, Iraq and Iran who increase production based on strategies not based on economics.
We can hope that 2019 elections will mean change. My thought is that the Canadian political scene is dominated by progressives and the majority of Canadians lean in that direction. My conclusion is that a serious and prolonged economic down turn will have to happen to change this culture. During that time conservatives will have to gain some voice in the media and in education. Failure to do so will not create long term change.
Having a law degree certainly would be beneficial for drawing up and debating legislation. However, other occupations that deal with legal matters could also be necessary as they would understand not only what a particular bill signifies and covers, but also how it would affect the public. Examples of that would be professional engineers and physicians.
However, the tendency in socialism and communism is to put the proletariat in charge. People who are qualified to enact legislation, such as the aforementioned engineers, physicians, and lawyers, are generally not chosen because those occupations are usually associated with the despised bourgeousie.
One example where this happened was in China 50 years ago. The Cultural Revolution (which, apparently, was yet another attempt by Mao to purge his enemies) put the Red Guard in charge. Those who were highly educated, such as professionals and university professors, were chucked out of their jobs and forced to work on communes. The belief was that hard labour was the perfect cure for materialism and assumed counter-revolutionary thoughts.
The result was yet another Maoist economic failure. (His Great Leap Forward was such a rip-roaring success, wasn’t it?) It set China back by at least 20 years.
Of course, we don’t have to look that far. Most of the NDP MLAs are completely unqualified to be politicians (e. g., yoga instructors). Of course, we have HRH Prince Potato Head as an outstanding example who “struts and frets his hour upon the stage….full of sound and fury, signifying nothing.”
Martin B. says “$70 oil would fix a lot of this mess”.
This was Notley’s plan. To look good on the back of rising oil prices.
Equalization is a phony formula invented by government. It is a fluid system that has to guarantee that quebek NEVER becomes a ‘have’ province. They must always receive the benefits of confederation. Money HAS to flow to quebek so politicians can point out that belonging to Canada is beneficial.
If the formula needs changing they simply move the goal posts.
Producers are able to make money at lower oil cost BECAUSE no significant investment in expanding surface infrastructure is required. All they’re doing now is drilling to fill existing facilities. But Operating costs as fields mature will creep ever higher as reserves deplete. This is addressed by opening up new pools and subsequent investment in required surface facilities. That’s not happening now. Heck Suncor’s planning to walk away from high op cost production. Husky’s sold off a lot of its’ more depleted assets. Penn West, operator of some of Alberta’s most mature assets, is laying off another 400 ppl. Sure companies can make a buck harvesting the low hanging fruit but those projects are becoming fewer and fewer. As for oil reaching $70 any time soon I don’t believe demand will recover under the direction of left wing socialist governments. It’s the weakness in oil demand in my opinion that is most responsible for low prices and not over production.
I read a little while ago that there was both, reduced demand and over production, and with Iran coming on stream that “over” production would stay. Throw in that Iraq is positioned to increase production and $50-$60 will quite probably be the norm for a few years, as there are very large surpluses on hand. we may see some increase in storage facilities, who knows!
it’s the small things that define an individual, and chances are that some one who values themselves as no more qualified, or no more ambitious than being a bus driver is not qualified as a politician, and or has not got the drive to be one. Not a surfire way to determine such, but better than a dart board.
Under increasingly anti-business conditions wrought by green policy there’s absolutely no resources left for business to expand in the emerging countries. It’s those countries that rocketed demand in the past dozen years and would have continued to do so if there were no green regulation/taxation burdens. There is so much room to grow demand under good economic conditions that supply pricing could have been healthily supported. Remember – Saudi is flooding a cooled off World market with crude because the oil minister believes that in 50 years nobody will need Saudi oil anymore. He’s drank the Eco-Kool Aide and we”re paying the price now dearly. Without asphyxiating green policy that stupid dream doesn’t happen.
All I can say is good, and well shame on you….it ain’t bad enough yet so screw it all bring the province and country to its knees that’s what i want I want to see bread lines i wanna see the little liberal cafes where talk all condescending about rich mega corps and stupid knuckle dragging conservatives I love that they are getting eaten by their own. I love it and a fat Muslim mayor that has 0 sympathy ….words are not sympathy …He still getting paid just a disgusting place Alberta has become …a booming economy all the lefties piled in like locusts oh and don’t you worry there piles of lefties in Alberta that go back to the 70’s just waiting for their day …now they got it I had a friend who voted wild rose then last year he voted ndp to protect his 180k a year job in agriculture and live stock …do you know what he does ? He goes all over the world and puts topical creams on horses and other live stock to try to cure skin problems and he does other medical treatments as well …how is that even a job for a provincial government ? He even laughed about It he loves it he has 3 years to retirement I am 37 he 62 and you think the youth are the problem or more specifically the more liberal Marxist types? Ohh yeah I should note as well for NME this guy is an atheist that goes to my church his wife prays for him ( God bless her soul she is truly a godly woman) and this ungodly slime ball slid his way into her womb got his 4 kids from this woman while he did what ever she stayed home and sacrificed her life for their children he is such a jerk I could not beleive I ever thought this man was a friend ..the only good thing that came out of this relationship is that all of her kids are Christian all strong believers and have accepted the reality of their father being a weak human a typical atheist had to go to a church and find a wife cuz his savage world he knows a secular woman would have had him for breakfast had his kids left him and been living the high life while he makes the child support payments …he is a total fraud a fake ….but we welcome him every Sunday to our church and I still treat him with respect but he is a shell of a man. Anyway he is like so many others just about themselves and that is many many many albertans born n raised albertans just as left as left can be …but in the boom times the other parasites piled in and gave them the numbers to win . Pc voters are liberal voters . This will not end well and I hope it gets a lot worse ….a lot …we deserve this we are so lazy and complacent and decadent caught up in the things of this world …we have abandoned all that has made us grood our judeao Christian values of hard work , honesty , integrity, humility, pleasing and serving God through hard work and being frugal and humble with our earnings not letting the temptations of this world separate us from God …now we can’t burn the churches fast enough , we can’t mock the lord well enough , we just can’t see, to hate the lord enough ….we can’t seem to abandon our morals fast enough , and unravel the moral fabric of our country fast enough
Investing.com – “Oil prices plunged on Tuesday, after the International Energy Agency warned that oil markets would likely remain oversupplied next year due to a slowdown in demand.
The IEA had previously expected the market to show no surplus in the second half of this year.
In its monthly report released earlier in the session, the IEA sharply cut its forecast for global oil demand for this year and the next amid what it called “wobbling” Asian demand….”
Demand is being controlled by punitive taxation and over-regulation. Gov’ts have the oil price in a choke hold. Better hope Trump gets in…