Try to think of commodities in terms of fungibility. Global oil consumption is still rising. China's demand might be plateauing, but importing Canadian oil would free up oil to be redirected to other markets with growing oil consumption.
Canada's latest job numbers show a loss of 33,000 jobs in March
- Thread starter DesRicardo
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Yes there is. Hybrids are fine. Our vast spaces, much smaller population mean the infrastructure and range needed are not there for pure hybrid.
And oil ain't just for cars. It's what they build your EV's out of as well. Due to battery weight, they need as light a body as possible.
Yes oil is essential for materials, so petrochemical plants would be vastly more profitable then oil refinaries. there are EVs with 500 miles of range today. What more do you need from that. Add 1MW charging and you can charge the car in 8 min. if you are on a long drive.
Do you think that lowering taxes for the rich and raising the prices of all imported goods and services is the answer? The GOP has never done anything to lower the debt they just make it explode and ruin the economy. Reagan did it and had insane policies throwing black people in jail while allowing the CIA to import cocaine to support Iran and a coup in Nicirauga. Bush sr raised the debt even more. Bill Clinton did an amazing job and was the best president since Kennedy. Bush Jr was a total fucking disgrace and sent Clintons amazing economy into utter ruins, Obama picked up the ruins and turned it into an amazing economy only for Trump to run it into ruins, then Biden took trumps ruins and turned it into an amazing economy which Trump turned into shit in a matter of weeks. Do YOU see a pattern here? Do you really believe that TARIFFS are the ANSWER ? what happened the last two times American had tariffs? How did that work out ? Why would you make believe it will work out this time? Trump lost more money in the stock market than any president in history. 9.6 trillion in a couple months. He is the worst at business ever. Do you really make believe that this will help the economy and get America out of debt ?
That's 500 under optimum conditions. Nice flat desert stretch. Not cold weather, running all day on sales calls, farming, to remote locations. Assuming a charger always handy. A grid that can handle that much. You assume Toronto. Now assume Timmons, Ottawa, The Sault, Alberta oil fields, even Whistler.
Off road work. Traffic jams for hours.
They have a place. But I think Hybrids are a far better option. I will add we still don't know battery life spans, and disposal plans. Military needs.
Quite simply a switch like this doesn't just happen.
In traffic EVs use almost NO power, only hvac. Its actually better then being in a gas car in traffic. If you drive to very remote locations all the time, sure avoid an EV for now. But EV chargers will be easier to deploy to remote areas as they can charge with solar vs having the fuel trucked up there at massive cost. Unmanned, power stored in batteries, maybe 100 KHW to charge 2-3 cars enough to get to the next charger.
When 18 wheelers have range you will see it. Right now they are at 150ish range. Maybe 200 on a good day.
Sorry but I have an e bike. I see the difference in power drain on hills and weather in real time just with that. It's a microcosm but the principles apply.
I see hybrids with a 300 ev range and 800 gas range. That is the sensible solution for decades while we ensure our infrastructure upgrades and allows time for consumers to gradually catch up.
I have a dual gas/EV with only about 110km EV range, since I live in a city I almost NEVER use the gas engine. How many people drive more then 110 km a day? If you have a car with 300/800 you will almost never use the gas engine and it will probably fail from lack of use. As it is I have to run my gas engine around once a month for 5 km or so to keep everything in good shape
City. Just to commute. No doubt with a home charger. Now love in a condo, apt or no parking house.
Well I do have a home charger but charge for free nearby and get a nice walk. When the latest cars and chargers are avail in a few years, it will make no diff. You will just go to a fast charger and get your charger for the next week or 2 when you need it.
Trump's Administration has a lot of ideas. Perhaps too many to implement. They believe they can engineer an investment boom in the U.S. I don't know if they can take tariff revenue to offset tax cuts on tips and overtime. What would be great about that it would be rewarding work. Work delivers goods and services to people.
Looking at Canada's slow growth the past ten years, Canada would be ripe for incentive-driven investment policies. There is a lack of productivity growth and business investment. I always say, if you think the government will channel the investments and deliver the productivity growth then it's not going to happen.
You kind of jumped around a lot trying to string an economic narrative. The economy was excellent under Reagan and then with Trump until COVID hit. Of course, you know that because COVID fucked up the Canadian and global economy as well.
Biden"s Administration policies for expanding the government's role were far more ambitious relative to his Democratic predecessors. If you think it was a wildly successful Presidency, you're entitled to your opinion. Believe me, I have many liberal friends here who tell me things were great under Biden and voters were basically stupid to not see it. I think it's objective political science to state that if you have to keep telling voters they are doing better than they believe, you probably have lost the election.
You might not realize I've been sending up flares here about Canadian economic stagnation for about five years. I got the usual guffawing that we're doing well. It's my nature to look at the data and try to cut through the rhetoric. You too can start reading about the problems in CBC articles buried on the internet and Canadian Bank policy papers. The problem became too big for them to ignore.
Renewables now provide 41% of all electric generation.
Solar is doubling every 3 years.
Global Electricity Review 2025 | Ember
Record renewables growth led by solar helped push clean power past 40% of global electricity in 2024, but heatwave-related demand spikes led to a small increase in fossil generation.
ember-energy.org
National debt under Reagan tripled from 738 billion to 2.1 trillion. Reagan amassed the largest percentage of debt for a president not in a world war. GWB was 2nd. Do you consider this as good economics ? Trump added 7.8 trillion in national debt and most of that was before covid so you cant use that as an excuse. Trump approved 8.4 trillion in new debt vs Bidens 4.3. Keep in mind Trump only had to deal with covid for about 6 months while Biden had to deal with it for 3 years but dont let facts fool you
I have heard all the shell game arguments ad nauseam about who approved what debt during COVID. The simple fact was most of the progressive were bitching about how the Republicans started to rein in spending when they took the House in 2023. People wanted their cake and say the Republicans handed it to them.
You're getting into overdramatization when you say Biden had to deal with three years of COVID. I don't know what was going on in your riding, but most people over 55 in the U.S. were double vaccinated by mid-year. The death toll precipitously dropped in 2021. By the end of 2021, things were pretty much back to the normal in every day life.
If you look at U.S. GDP numbers, there was a small blip in the first half of 2020 and then everything bounced back in the second half of 2020. So Biden wasn't really handed a faltering COVID economy either.
If you really want to be an honest participant, tell us what you stand for in Canada. What policies will get the Canadian economy going stronger than the tepid growth of the last ten years? Certainly, you don't support the immigration policies, the energy policies and the growth of the Federal government over the last ten years. What do you want from a Carney Administration?
A repeat ass kicking of Americans like in 1812 and the building of the Avro Arrow would be a good start. Dougie needs to pull the plug the states who are freeloading our hydro and see how much they love their orange god then.
February 2020 to April 2020 when Provinces shut their economies during the Pandemic....... big deal compared to those years under Harper!!
Let's talk about like for like. G7 is a more accurate reflection of similar economies!!.
A History of Financial Crises in Canada
Throughout history, financial markets experienced numerous ups and downs, trials and tribulations. It would be wonderful if we never had to witness orwealthmanagementcanada.com
However the definitions are fluid. Our growth compared to the top nation which we are supposed to be a part of has been shitty.
This was what was forecasted prior to the stupid tariffs, that will impact Canada far more than those other nations that are on pause!!
False!! How about the Trans Mountain Pipeline that was built under Trudeau and met all the environmental regulations? Why were there no pipelines to the East Coast built under Harper?
Under Harper the Keystone XL Pipeline that he initiated did not go very far as it did not meet the environmental criteria and was cancelled!!
What did the Conservatives do to diversify from the USA? Absolutely nothing and of course you do not blame them for anything under the sun!!
That is why Harper was soundly beaten in the elections. His pet Pee Pee who was expected to win the elections easily has an uphill battle.
But his arguments are very similar to Trump with the "Radical" shit, the "Woke" Crap and the list goes on and on.
He does not allow any reporters to travel with him on his campaign trails, and his staff only allow maximum 4 hand picked and mainly rightie reporters to pose questions.
However, remember that to re-negotiate the NAFTA, Freeland pushed hard to get the best deal, something that Pee Pee was moaning to accept Trump's side of the initial deals that she refused to do so. The new USMCA deal reverberated with the Canadians and pissed off Trump!!
Ingersoll GM plant shutdown: 500 layoffs imminent
There will be a shutdown of the GM CAMI Assembly plant in Ingersoll, Ont. with hundreds of layoffs to come.
www.ctvnews.ca
