Oil Versus Electric Vehicles as an Investment (Hint: Where is the Extra Electrical Capacity Coming From?)

https://financialpost.com/investing/electric-vehicles-are-a-great-story-but-oil-and-gas-may-be-the-better-investment

"...While these kinds of lofty ambitions are getting significant attention, we are left wondering just how achievable they really are. California, for example, experienced blackouts this summer due to spikes in air conditioner use — how specifically is it going to handle the incredible demand from the conversion to electric vehicles in only 15 years?

...Here in Canada, Suncor (SU:TSX) is trading only 11 per cent off its low whereas Exxon (XOM:NYSE) is 10 per cent off its low. For some further perspective, both stocks have lost more than 57 per cent of their value over the past five years. As a whole, Canadian producers as represented by the Capped Energy Index are down a whopping 65 per cent while U.S. producers as represented by the SPDR S&P Oil and Gas Exploration and Producers Index have been crushed losing over 73 per cent of their value in the past five years. Think about this, especially with WTI oil prices only being down 4 per cent over the same period.

Finally, take a look at the forward curve that currently has oil prices over $46 per barrel out in 2025 and over $51 per barrel out in 2030. According to Eric Nuttall, senior portfolio manager at Ninepoint Partners, at those prices producers are currently trading at roughly half of their historical Enterprise Value to Cash Flow multiples, which in theory implies they are factoring in forward oil prices half that of what oil futures are currently trading at. If this is the case, it makes much more sense for companies to acquire a barrel than drill for it.

CBC: Behaving Like a Normal Business With Layoffs?

Reality catches up with CBC (for now) even after billion dollar handouts from Justin and his merry band of NDPLiberals

How bad do you have to be get your job to be one of a couple of dozen at the CBC to be laid off? 

"...Williams said in her note to staff the CBC faces a $21 million deficit each fiscal year, and the current environment necessitated “adjustments to our business and in turn, those adjustments will have an impact on our workforce.”

CBC said the cuts were not related to the pandemic, although it has exacerbated the financial pressures of declining advertising and subscription revenues for the public broadcaster and other media organizations.

According to its financial statements, the crown corporation received more than $1.2 billion from the federal government in funding in 2019 and employed some 7,400 people across its divisions..."

https://nationalpost.com/news/canada/cbc-to-lay-off-dozens-of-journalists-and-management-across-multiple-divisions

Is Oil Set for Huge Gains? Let's Look at the History of US Presidents...

History says, on average, as the first term ends of the recent US Presidencies, oil has increased --% or a near doubling.  With oil hovering around $54/bl in November, 2016, and after a covid selloff in March, 2020, oil has still a way to climb to reach its original starting price, nevermind a doubling.  Regardless, with the hopes of a vaccine and the world to approach normal as best as can be (with predictions of a vaccine in Q1 2021),  the stock market will at some point next year begin to price in plane travel, driving seasons, etc. as demand drivers of oil.  Credit to the chart below from www.macrotrends.net. 

Buy your Canadian oil and gas equities.  

Canada's Immigrant Investor Program at Work: Illegal Casinos, Trafficking Allegations

This is what several hundreds of thousands of dollars "invested" (really a loan) in Canada brings in  - thugs that operate right under the various governments noses.  All this in exchange for Canada giving the privilege and rights of a wealthy someone to live under permanent residency in Canada.  If you are not familiar with hr Immigrant Investor program in Canada, you should look it up. 

The Dodgy Company Justin Keeps Grows Longer: Gambling Casino Mansion in Markham

 https://nationalpost.com/news/canada/alleged-mastermind-of-lavish-mansion-casino-raided-by-police-met-twice-with-prime-minister-justin-trudeau

"...“The money moving through these underground casinos leads to huge profits for criminals that fund other ventures such as prostitution and drug trafficking,” York Regional Police said in a statement last week.

Not long ago, however, the businessman accused of being at the centre of it all was moving in some of Canada’s loftiest business and political circles, partly as an advocate for China..."

...Wei also was among a delegation of four representing a Chinese government-endorsed industry group that met separately with Trudeau. Another member of the delegation donated $1 million to the Trudeau Foundation and the erection of a statue honoring the prime minister’s father.

...Wei couldn’t be reached for comment, but he came to Canada about 10 years ago under the investor-immigrant program, said the source. As head of Skywalk Investment, he’s known as a real estate developer, serving on a committee of the Canada-China Realty Professional Association, which says it is dedicated to encouraging development and investment opportunities in the two countries.

Calling Out Justin on His "Thanks for Whatever or Whomever Days", Not Just His Empty and Calculated Apologies

 https://nationalpost.com/news/canada/alleged-mastermind-of-lavish-mansion-casino-raided-by-police-met-twice-with-prime-minister-justin-trudeau

"...Do you know what day it is? If not, you can scoot over to the prime minister’s website and discover it’s, say, Cyprus’ 60th Independence Day. And read a bunch of lies about how he cares.

It’s bad enough when politicians churn out empty pieties about Mental Illness Awareness Week or Fire Prevention Week, because there are so many worthy causes and so few weeks (just 52 this year, I’m told).

It spins a massive web of petty deceit. On Sept. 30 Trudeau intoned, “It was with great sadness that I learned of the death of …” You have no idea, right? Neither does he. The demise of “His Highness Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, Emir of Kuwait” caused Trudeau no loss of sleep or appetite.

It gets worse. The statement, supposedly quoting Prime Minister Justin Trudeau, went on to read, “Canada joins the people of Kuwait in honouring their leader and his profound legacy.” So we’re even asked to wink at his lies on our behalf. Canada didn’t “join” with any “people of Kuwait,” who were actually sorry. I doubt 100 Canadians knew.

Canada Adding 20,000 Applcations for Parents and Grand Parents: Any Thoughts to our Provincial Health Care Systems Current Capacity?

Any thoughts to our already overly used health care systems?

Canada Immigration News: Canada to re-open parents and grandparents immigration program October 13.

https://www.cicnews.com/2020/10/canada-to-re-open-parents-and-grandparents-immigration-program-october-13-1015952.html