McGuinty dismisses Alberta premier call to defend oilsands development

[MHz]

Re: Ontario Blames the Oil Sands for their Incompetance

The West also has hemp available as an export crop, but then Ontario already knows how good the stuff is, but they are in lock step with a process that has outlived it's purpose, make a few people very, very rich. However making things once so they last 20 -50 years is going to be the company of the future, show that you can build it rather than being the last tit on the pigs udder. Sooner or later you have to stand up on your own two feet.

 

[Cliffy]

Re: Ontario Blames the Oil Sands for their Incompetance

But Durry blames Ontario and Quebec for all his woes. Sounds like he can't take his own medicine.

 

[MHz]

Re: Ontario Blames the Oil Sands for their Incompetance

Just another one that thinks a 'full circle' means things 'remain the same forever'.

 

[BruSan]

Re: Ontario Blames the Oil Sands for their Incompetance

Well this Ontarian agrees with the descriptor of silly dumb bastard as it applies to McSguinty.

This idiot has squandered so many opportunities over the years that are all coming home like roosting pidgeons, complete with all the crap. His floundering with the health ministry, to the latest sign of decay being Ontario Place dialling back or shutting down completely and everything in between.

Brother this clown is even making Bob Rae's tenure look harmless by comparison. He's even accomplished more damage than Mike Harris.

One need only look to Ontario if contemplating another tryst with the Liberals.

 

[taxslave]

Re: Ontario Blames the Oil Sands for their Incompetance

After reading the article in the paper there is no doubt as to the reason oil lines run North to South, not West to East.

 

[BruSan]

Re: Ontario Blames the Oil Sands for their Incompetance

After reading the article in the paper there is no doubt as to the reason oil lines run North to South, not West to East.

Now don't go all "Peter Lougheed" on us over here. Remember the majority of the military are over here, oh wait, that's Quebec, sheeit caught in a cross fire again!

 

[MHz]

Re: Ontario Blames the Oil Sands for their Incompetance

Are you hinting that Ontario would siphon profits the same as Quebec Hydro does off NFLD power?

Now don't go all "Peter Lougheed" on us over here. Remember the majority of the military are over here, oh wait, that's Quebec, sheeit caught in a cross fire again!

You just want to be taken prisoner by both sides at once.

 

[mentalfloss]

True.

I'm glad I made a thread about this before someone like Durry could.

 

[BruSan]

Re: Ontario Blames the Oil Sands for their Incompetance

Now don't go all "Peter Lougheed" on us over here. Remember the majority of the military are over here, oh wait, that's Quebec, sheeit caught in a cross fire again!

Syphon, hell no, we can't manufacture syphons, it'll have to be wheelbarrows, got them left over from the Bloor Viaduct.

If I have a choice, can I do my time in Red Deer???

 

[Durry]

Re: Ontario Blames the Oil Sands for their Incompetance

Dalton McGuinty allows politics to trump economics in his battle with Alison Redford over the oil sands | Full Comment | National Post

QUOTE:
Indeed, the economic benefits realized by the oil sands are not confined to Alberta — Ontario is the second-largest beneficiary. According to the Canadian Association of Petroleum Producers, 255 Ontario companies are involved in manufacturing supplies for the oil sands. A study by the Canadian Energy Research Institute estimates that Ontario will see $63-billion in economic benefits from oil sands projects between 2010 and 2035 — creating 65,520 jobs in the province.

But these numbers aren’t enough for Ontario’s Premier, who thinks the high Canadian dollar has “knocked the wind” out of the province’s manufacturing sector. “If I had my preferences as to whether we had a rapidly growing oil and gas sector in the West or a lower dollar, I’ll tell you where I stand: with the lower dollar,” said Mr. McGuinty.

Who says Mr. McGuinty didn’t pass Economics 101? It’s true that the value of our dollar is inflated by this country’s natural resource wealth, and that a high dollar is good for importers and bad for exporters. The entire economy is interrelated — pulling any one string will affect many other economic indicators. What Mr. McGuinty fails to realize is that economies function best when labour and capital are able to move freely.

 

[BruSan]

Re: Ontario Blames the Oil Sands for their Incompetance

He's also forgotten that the first oil well was in Petrolia Ontario. We probably squandered that one too.

 

[mentalfloss]

Re: Ontario Blames the Oil Sands for their Incompetance

Can we merge this with the original thread?

The teenage angst is a bit deafening in here.

Petro dollar.
Dutch disease.

It's all been pretty well documented.

 

[taxslave]

McGinty is right we need a lower dollar not just to ship to the USA but around the world
Exports and imports are paid in US dollars the international currency. Even food products
are shipped in American funds.
As for the oil sand they have a number of problems and most of it is a combination of
attitude and public relations. Defend something leads to being in someones face or giving
the appearance that you are. What Alberta needs to do is take a step back, be a little more
humble and state they are prepared to do some serious studies to measure the impact
of what they are doing. That statement alone would give them nine months to a year to
regroup and not have to defend anything.
If they did this right they could come up with some facts that separate fact from fiction first
of all. If there are some serious setbacks admit them and promise to overcome the problems.
If there are none that is fine too/
The problem is they are using public relations like slick snake oil salesmen. Remember there
is a group that no matter how many facts you come up with they believe that chem trails from
jet aircraft are controlling our brain or some such thing. If they come up with reasonable facts
and aim the message at the main stream they will have some measured success. At present
all I hear is defiance and the world can go to hell we will do what we want. I don't think that is
the message they want to send but that is what we are hearing.
The issue is not to defend itself, as an industry, its to explain itself and what it is doing. They
must provide assurance what they are doing is safe, and in harmony with society and its
responsibility to the nation. If they took that route they would gain enough support that they
wouldn't have to defend anything. There are all kinds of industries out there that have public
support and oil could be one of them. Unfortunately this is more about government and industry
having behavioural problems rather than a problem with the industry itself.

Why, so we can pay more for products we import? A high dollar gives us better purchasing power. Otherwise we would all need massive pay raises just to break even.

 

[MHz]

Re: Ontario Blames the Oil Sands for their Incompetance

He's also forgotten that the first oil well was in Petrolia Ontario. We probably squandered that one too.

Not before they mapped all of Canad's natural resources. They started off throwing darts at the NWT to see where they were going next lol

 

[Tonington]

Re: Ontario Blames the Oil Sands for their Incompetance

http://fullcomment.nationalpost.com...-politics-to-trump-economics-in-redford-feud/What Mr. McGuinty fails to realize is that economies function best when labour and capital are able to move freely.

So who is it exactly that is holding up capital and labour from inter-provincial commerce? Honestly that seems to be divorced from what the politicos are yapping about.

 

[mentalfloss]

Why, so we can pay more for products we import? A high dollar gives us better purchasing power. Otherwise we would all need massive pay raises just to break even.

How is this even up for debate?

If our industry is primarily dictated by manufacturing and exports, then a lower dollar is typically better. If we want to diversify, then yes, we need to deal with the higher currency and Ontario is no different.

 

[MHz]

If they need more water we could but a dam on the big Smoky downstream from the Wapiti connection and tunnel it to the Athabasca drainage system, or take advantage of the muskeg and drain it (use it) and backfill with clean sterile sand and go from there

 

[DurkaDurka]

Re: Ontario Blames the Oil Sands for their Incompetance

But Durry blames Ontario and Quebec for all his woes. Sounds like he can't take his own medicine.

Durry needs to blame the educational systems for his woes, he'd be dumb regardless of the province he came from.

So who is it exactly that is holding up capital and labour from inter-provincial commerce? Honestly that seems to be divorced from what the politicos are yapping about.

He quotes it like a pimp arguing for the freer movement of woman, except Durry couldn't manage a stable of hoes.

 

[petros]

Re: Ontario Blames the Oil Sands for their Incompetance

So who is it exactly that is holding up capital and labour from inter-provincial commerce?

It's not a who, it's a what. It's pianos tied to asses.

 

[Tonington]

Re: Ontario Blames the Oil Sands for their Incompetance

He quotes it like a pimp arguing for the freer movement of woman, except Durry couldn't manage a stable of hoes.

The writer of the article should have given examples of the subsidies. Ontario manufacturers are servicing the oil sands. Manufacturing output has actually remained consistent, though it's share of the economy has fell as other sectors have gained. There's been a shift towards more durables.