22 Replies to “The Canadian Investment Drought”

  1. When the Liberals took over in 2015 there were over $100 billion worth of projects ready to let loose in Alberta. The pig Trudeau killed it all. No prospect of new pipelines led to the cancellation of many $10 billion plus oil sands projects. Canada went from GDP par to 58,264/92,786 = 63% of the US. Canada is in severe distress but everyone is too stupid to see it. All our skilled people are bailing for the US to be replaced by foreigners with a foreign work ethic. We are effed. My son-in-law got offered $400,000 American to replace his $300,000 Canadian to move to Texas. He’s one of the guys they call when something goes wrong down a well. How the hell can he say no?

    1. In 2015?

      Two quotes

      “The CFIB said entrepreneurship in Canada has been on a slow decline since the 1980s, though things have been particularly more troubling in recent years.“

      And

      “Welcome to the 1980’s”

        1. Yeah, nothing like strapping yourself to a sinking ship like the EU. The EU has been economically falling for decades….so much so that currently it represents about half of what it did 2 decades ago in terms of percentage of world GDP.

    1. Carney is a “rock star central banker.”
      Sure.
      Nice track record.
      Neil Young and Bruce Springsteen are rock stars, too, despite their marginal talent.

  2. Years ago, not very far from here, most of a cattle herd starved to death because the drunken farmer/owner went on days-long piss-up.

    If the surviving cattle had been Canadians, they would have voted to put themselves back in his care and control.

  3. The underground economy is where it is at, Citizen. Here in Toronto, there are ‘cash jobs’, and now, barter. Amazing the stuff you can get with a bag of weed. Just saying.

    1. Whatever. T.O. was like that back when Sam the Record Man was a thing.
      I saw Muddy Waters and James Cotton at the El Macombo at a Saturday matinee back in the early 70s, then strolled the street to grab records at Sam’s and A and A. Even hit a comic book store, grabbed an ounce of hash, then me and my buddy drove on back to North Bay.
      Good times.
      PS: I sold the first mint edition of Spiderman to a collector in 1973 at a place called Memory Lane. Got $1,200 for it, which covered the hash and then some. What pisses me off is the fact that that comic is now worth $4 million. Drugs will do that.

        1. I appreciate you saying so, ebt. I was surprised to get a fair deal then, being a young buck. The buyer was a dude.
          It was the first time I had over a grand and couldn’t believe it was for a comic.
          Many of us didn’t know about collecting and the intervening 50 years.
          PS…it was napalese hash, cough!

  4. (I call bullshit on “labor shortage”.
    You want to write “skilled labor shortage” I’ll agree to an extent.)

    So, small and medium-sized businesses complain they don’t get support from governments.

    Government IS The Problem.

    And so it would seem – as Jaimie points out – are Canadians.

    Idiots.

    1. yep.
      we are so united.
      an example is the broad standing impossible challenge of getting a trade license in Canaduh.
      ‘we’se got NO OPENINGS for an apprentice dont call us we’ll call you’
      the consistent reply for 20 f’ing years. ah, BUT sign up with the UNION you get put to the front of the line!!!
      etc etc.
      Q: where do you get the experience so you can get the job to get the experience to get the job?
      A: not in Canaduh
      which is why in 2007 l pulled an ace out my sleeve and applied for disability. and another one other sleeve
      same reason. which worked. ever since its be ‘f you Canaduh’ now you can pay my via pension and YOUR income taxes aaaaaaaand l dont gotta do da woik. HA HA HAAAAAA

  5. “Escalating input costs, tax burdens, labour shortages, regulatory pressure and global economic uncertainty are collectively constraining entrepreneurial activity nationwide.”

    I am constantly reading that Canada has a labour *surplus*. Many people on Reddit are complaining that they can’t get a job to clean toilets, much less a skilled job that matches their training and experience.

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