Wednesday, July 26, 2017

Natural Born Economic Killers: BC's NDP

With opportunities of Liquefied Natural Gas (LNG), pipelines and mining available within the borders of its province (not even having to go out of its way to attract these industries), BC could have made its own provincial economy look like Alberta's on steroids during the early 2000s when oil approached US$147/barrel.

But no, succumbing to all things "sustainable", all economic prosperity is bad, anything to do with oil will not happen in the Pacific Time Zone (or in other words, things are different west of those mountains), tens of thousands of job will not come to fruition and future tax bases for the NDP government to invoke their idyllic green agenda will have vanished.

BC obviously did not learn from its neighbour to the east (Alberta).  It looks like two houses (provinces) are going to be burning down soon.

http://business.financialpost.com/commodities/energy/a-tragedy-for-canada-petronas-cancels-36b-lng-project-as-b-c-jacks-up-demands/wcm/de2567c8-499d-489f-9dec-3826a01c932c

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