Here is a thought- I wonder how successful an overvalued dollar economy will feel to Harper and crew when the corporate income statements start bleeding a whole lot more red than what occured in the post crash slump era- 09-’12 – a period where nothing really of much happened in Canada accept a furthering of the pressures to keep our dollar high and kill off any chance of investment in our value adding infrastructure where the home office of the branch plant economies sat on their piles of cash- waiting – and consumers continued their indebtedness downward dance – merrily further and further to the bottom of the rabbit hole, where tea parties were the leading forum for crusaders of economic mismanagement (murderers of the economy)
Follow the white rabbit Mr. Harper- where high oil prices keep our dollar 6 feet high and rising (isn’t that a Johny Cash song?) and more resource extraction is heralded where somehow small province of Alberta is stripped naked of its future (and its landscape) in a mere 10 years of massively expanded bitumen extraction, and instead of building permanent high value adding jobs that process and develop the bitumen, sit on the sidelines happy as beavers to build the bitumen superhighways to steal away their assets, under the banner of progress, and wealth- (sadly profit extraction for foreign multinationals.) This all in the name of destroying two of the largest provinces who rely their export value adding economies with a dollar denominated at a catch 22 cents above PPP- and over 60 percent of the population riding on those two economies health.
My question is- how does Harper get away with- and I do not mean in Canada, as I think he will not as the army of discontent is building outside of the western provinces- but how does he get away with this in Alberta?? I do think the Nexon takeover is just the beginning of the end of Harper’s- pull the wool over his home territories eyes. How can Alberta survive without Oil? or a value adding infrastructure to process that oil. One day- affordable oil from tarsands will be gone- why do Albertans want to ship all the tar sands unprocessed in the next 10 years is my question to my friends out west.
Build refineries, hold the foreign interests accountable to your future- just tell them- if you build it, the processed bitumen will come- in fuels, plastics and a whole host of higher value adding outputs.
It is the west’s future and it would be such a terrible waste to just sell it for trivial amounts to the current highest bidder to decimate your built form.
Paul
