Wednesday, October 27, 2021

The Liberal Party - dictated by the NDP and now (ex)Greenpeace. Inflation...without growth? A very bad place to be for Canada

 The Liberal Party - dictated by the NDP and now (ex)Greenpeace. Inflation...without growth? A very bad place to be for Canada

"...Those conversations have not yet happened and there are realistic fears that heavy-handed government intervention will simply transfer market-share to Russia, Saudi Arabia and Venezuela.

As a non-driver, he is probably delighted that gas prices are now averaging 146¢ a litre across the country, up from 100¢ a year ago. But he will be less enamoured that high oil and gas prices have increased investment and drilling in the oilpatch.

Even these prices are a fraction of what they could be if the federal government was an enthusiastic partner. Canada has no export terminal so gas ships to the U.S. for $5-6 a gigajoule and is then exported to Europe and China for three times that price..."

https://nationalpost.com/opinion/john-ivison-putting-an-activist-in-charge-of-a-government-department-is-always-dangerous

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