Panic in Ottawa after one drastic change in Canadian monetary policy
- Thread starter mentalfloss
- Start date
Good idea. Canada is the top gold country and gold is rising. You just help but help the economy with that extra loot.
Everything gets cheaper when input costs like energy drops. That means higher tax revenue from every evil corp llc and YOU have more to spend on moon pies and penny whistles.
How does the Orinoco Heavy burn in your tank?
Is it being tinkered for lost revenue or far lower operating costs leaving a surplus? There is no point over budgeting for energy that is now cheaper is there?
Just fine since it is a turbine engine, more power from the fuel if it is close to the exhaust outlet.
On a turbine engine? You must be thinking jet engine. Nice of you to think of me having magical abilities, it makes life a lot more interesting when you are a shut-in. For being the stupidest one on the forum that would mean for all your smarts we end up in the same chat room that certainly has a limited clientele. The other side of the coin is always the exact opposite, considering my past I'm sure I can take the future in stride without getting too fuked up.
I would probably have refire (literally) the old car in the shed to get around.
Choosing the hill-billy show was reality based if the 1st episode was the end of the series. The later back to the bush shows are a tad slanted as there is a very big difference between being dirt poor and being stupid. Only one of us knows that, that would make you the stupid one in our conversations.
There is a chance you could be chatting to somebody where you are the smarter one, I'll watch for that, see how you treat the younger generation.
At the moment if I could find a political party that would run on the platform that we follow Iceland and got shunned by the rest of the civilized world. The rest don't even have electricity so they are also included as to never hearing our name again.
We can the bill up from $70B to $700B and we are leaving that to the next generation. We spent $630B in trying to pay off a $70B debt. Might as well let them pay that $700B off by taking out a loan for $7T and then still not pay it off.
Like father like son. and that trait goes back to the time of Noah so that part was back before the 12 Treibes ever went into exile into Neb's Babylon when following that timeline. Before Greece for the rest of the planet.
I would probably have refire (literally) the old car in the shed to get around.
Choosing the hill-billy show was reality based if the 1st episode was the end of the series. The later back to the bush shows are a tad slanted as there is a very big difference between being dirt poor and being stupid. Only one of us knows that, that would make you the stupid one in our conversations.
There is a chance you could be chatting to somebody where you are the smarter one, I'll watch for that, see how you treat the younger generation.
At the moment if I could find a political party that would run on the platform that we follow Iceland and got shunned by the rest of the civilized world. The rest don't even have electricity so they are also included as to never hearing our name again.
We can the bill up from $70B to $700B and we are leaving that to the next generation. We spent $630B in trying to pay off a $70B debt. Might as well let them pay that $700B off by taking out a loan for $7T and then still not pay it off.
Like father like son. and that trait goes back to the time of Noah so that part was back before the 12 Treibes ever went into exile into Neb's Babylon when following that timeline. Before Greece for the rest of the planet.
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If prices keep dropping and we are moving on to renewables, then it's better not to be independent.
Especially when you consider the additional cost of polluting and carbon pricing models that will continue to evolve.
Oil production will grow in both Canada and the U.S. in 2015, which will keep oil prices relatively low. For the OPEC countries heavily dependent on oil revenue, they face significant financial problems, straining relations inside the cartel.
In the long-term, demand for OPEC's oil could fall. Renewable energy is growing around the world, global oil and natural gas production continue to climb and there are questions about whether Asia can continue its double-digit economic growth. All of these factors suggest the cartel's clout will diminish further.
http://www.cbc.ca/m/news/business/falling-oil-prices-put-extra-pressure-on-opec-1.2921535
Ah my bad.
I thought we were a member of OPEC but that is not the case.
Regardless, this is indicative of the fact that we will be needing to consider the environmental cost of our actions in addition to the lower revenues.
God this is even worse than I previously thought.
I thought we were a member of OPEC but that is not the case.
Regardless, this is indicative of the fact that we will be needing to consider the environmental cost of our actions in addition to the lower revenues.
God this is even worse than I previously thought.
OK you are wrong. I expect oil will rise again in the spring. It won't be $100 but it will be above $60.The budget will be balanced and the tories will win with a majority in October.
To hear the gloom &doomers talk one would think that Canada has no exports or industry besides oil.
There will be a environment consequence that we pump it or that someone else pumps it.....
And if we didn't pump it we would have even less revenue.
Exqueeeze me?
I quoted the finance minister who said the exact same thing when he delayed the budget.
We would bear a higher burden of the cost due to carbon pricing.
For the time being, this burden depends on the pricing model for each province.
Dude. It just got cheaper to run the country. Why wouldn't there be tinkering?