Freeland: Canadians should brace for economic collateral damage

[mentalfloss]

Cancel your trip to the Bahamas.


Canadians should brace for economic collateral damage as sanctions mount, Chrystia Freeland says

Canada will expand its Russia sanctions to target more Putin-friendly oligarchs and businesses, but Deputy Prime Minister Chrystia Freeland warns Canadians there will be an economic price for these punitive measures in support of Ukraine.

“I have to be honest with Canadians that there could be some collateral damage in Canada,” Ms. Freeland told reporters Tuesday.

She said she discussed this possibility with Group of Seven finance ministers Tuesday. “We said in order to be really be effective, in order to really have an impact, we are going to have to be prepared for there to be some adverse consequences for our own economies.”

Canadians should brace for economic collateral damage as sanctions against Russia mount, Chrystia Freeland says

Deputy Prime Minister says Canada is scrutinizing holdings of wealthy Russians and Russian companies

www.theglobeandmail.com

 

[Tecumsehsbones]

Won't somebody PLEASE think of the poor Canadian holiday-makers?!?!?!

 

[Ron in Regina]

Freeland is sort of saying something…. without saying anything about anything at all. It’s a non-statement that’s more empty than anything else…& says nothing about holidays or the Bahamas or anything else.

 

[Tecumsehsbones]

Freeland is sort of saying something…. without saying anything about anything at all. It’s a non-statement that’s more empty than anything else…& says nothing about holidays or the Bahamas or anything else.

So, PM material or what?

 

[petros]

If I can't get a can of smoked Riga sprats there will be hell to pay.

 

[Ron in Regina]

If I can't get a can of smoked Riga sprats there will be hell to pay.

Luckily she didn’t say that, or pretty much anything else.

 

[petros]

I can live without the garbage Russian vodka but not Riga sprats with vodka.

 

[pgs]

Luckily she didn’t say that, or pretty much anything else.

I think the Irving refineries are going to run out of raw material . Might be fuel shortages in liberal friendly ridings .

 

[petros]

I think the Irving refineries are going to run out of raw material . Might be fuel shortages in liberal friendly ridings .

Turnaround season starts this or next week. Supply was already going to be low but its all good, drilling season is just wrapping so a few thousand new sources are soon to be tied in.

 

[mentalfloss]

$1.75/L

All that fear mongering about being energy independent, this really isn't that bad.

I'm fine if it went up to $3.00/L.

 

[petros]

Lay off the drugs buddy.

 

[mentalfloss]

1.75/L has already been stated as the fallout from this.

 

[B00Mer]

$1.75/L

All that fear mongering about being energy independent, this really isn't that bad.

I'm fine if it went up to $3.00/L.

Yes but your bus fair will go up too

 

[mentalfloss]

Yes but your bus fair will go up too

I don't ride the bus.

Anyway, there's an easy solution to all of this.

Just stop taking flight based trips.

It will save you money and it uses less gas so the lack of demand will speed up our transition to renewables.

 

[petros]

LMFAO

 

[mentalfloss]

I mean, if you want to spend $1500 on a shitty trip to Florida, go right ahead.

It's your money and toilet.

 

[Dixie Cup]

I don't ride the bus.

Anyway, there's an easy solution to all of this.

Just stop taking flight based trips.

It will save you money and it uses less gas so the lack of demand will speed up our transition to renewables.

Unfortunately simply having renewables won't sustain our economy sorry to say. We'll still need fossil fuels for another 50+ years yet.

 

[mentalfloss]

Unfortunately simply having renewables won't sustain our economy sorry to say. We'll still need fossil fuels for another 50+ years yet.

Very little of it though.

The faster we transition, the sooner we become energy independent.

 

[Tecumsehsbones]

Unfortunately simply having renewables won't sustain our economy sorry to say. We'll still need fossil fuels for another 50+ years yet.

I'm looking forward to passenger-powered aircraft.

"Get on those stationary bikes and PEDAL, maggots!"

 

[mentalfloss]

I'm looking forward to passenger-powered aircraft.

"Get on those stationary bikes and PEDAL, maggots!"

I'm looking forward to nuclear powered aircraft.