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The "LOLCANADA" thread...again The "LOLCANADA" thread...again

04-12-2020 , 01:50 PM
Quote:
Originally Posted by uke_master
The way I see this, basically every western country was significantly delayed in its response. There's a lot of reasons for this, and I suppose one can quibble about how much personal responsibility any individual politician has for that. However, over the last month I've been pretty impressed (particularly in comparison to the US situation) with basically all levels of government in canada and think they have all risen to the occasion.
Agreed and Our Bailout package made more sense and our healthcare system handling it better. Sad to see about that one private seniors home in Quebec yesterday. Here its more of a team effort

Though Canada always leads and that's why I expect better.
The "LOLCANADA" thread...again Quote
04-12-2020 , 03:24 PM
Quote:
Originally Posted by lozen
Agreed and Our Bailout package made more sense and our healthcare system handling it better. Sad to see about that one private seniors home in Quebec yesterday. Here its more of a team effort

Though Canada always leads and that's why I expect better.
I don't agree with the bailout package at all. Would much rather it be every citizen just get cut a cheque. Doesn't make sense that a minimum wage worker working at Dollarama has to work while a clothing store worker doesn't and makes more from CERB than they would working. Its also a piss off that the airlines got a bunch of tax money to hire people back and pay them 75% to sit at home while basically every other industry that's not essential just gets unemployment or CERB.
The "LOLCANADA" thread...again Quote
04-12-2020 , 04:38 PM
Quote:
Originally Posted by Shifty86
I don't agree with the bailout package at all. Would much rather it be every citizen just get cut a cheque. Doesn't make sense that a minimum wage worker working at Dollarama has to work while a clothing store worker doesn't and makes more from CERB than they would working. Its also a piss off that the airlines got a bunch of tax money to hire people back and pay them 75% to sit at home while basically every other industry that's not essential just gets unemployment or CERB.
You do realize minimum wage in Canada ranges from 11.32-15.00 an hour. I agree with Trudeau on not sending a check to everyone

I agree with you on the airliners a 100% why not lay them off. Though if there is any industry that will be the last to come back out of this it is the airlines. No way you social distance on a plane.

Mark Cuban's idea for small business seemed smarter as well Government Guaranteed Overdraft protection for companies instead of the loans
The "LOLCANADA" thread...again Quote
04-17-2020 , 10:20 PM
Big numbers today in Alberta. At work we are planning to start back up in July. The company I work for is still planning on doing all scheduled projects they had for this year, so that's good since it's for 2$ oil.
The "LOLCANADA" thread...again Quote
04-18-2020 , 10:44 AM
Quote:
Originally Posted by Shifty86
Big numbers today in Alberta. At work we are planning to start back up in July. The company I work for is still planning on doing all scheduled projects they had for this year, so that's good since it's for 2$ oil.
Oil not going anywhere quick demand is down by 40 million barrels a day and they are cutting by 10 million I saw on CBC. SO once the world ramps up there will be a large surplus.


I like Trudeaus 1.7 billion for cleaning up wells and reducing methane. I have a few buddies that say its not enough. I am like well were just not going to hand big producers cash as the price of oil is what will determine them getting going. Its am immediate creation of jobs and deals with an environmental issue as well

The biggest decision Trudeau will make is the border. When it comes time Trump will pressure him to open it and with the **** show in the USA he will need to stand firm
The "LOLCANADA" thread...again Quote
04-18-2020 , 10:56 AM
Quote:
Originally Posted by lozen
The biggest decision Trudeau will make is the border. When it comes time Trump will pressure him to open it and with the **** show in the USA he will need to stand firm
How is that even close to being the biggest decision? Half of Canadians employment has been affected, obviously the biggest decision is when to re-open the economy, not some imaginary border war with Trump.

The next biggest decision is how to get the economy going to pay for all of this. Ease of regulations and cuts in carbon tax/income tax would be nice.
The "LOLCANADA" thread...again Quote
04-18-2020 , 11:07 AM
Quote:
Originally Posted by Shifty86
How is that even close to being the biggest decision? Half of Canadians employment has been affected, obviously the biggest decision is when to re-open the economy, not some imaginary border war with Trump.

The next biggest decision is how to get the economy going to pay for all of this. Ease of regulations and cuts in carbon tax/income tax would be nice.

They will throw more money at the economy . Still many sectors open. If we start to open as we do a great job and than open the USA border and let all the infected in we have to shut down again.

Tell me how ease of regulations (Which ones) and removing the carbon tax drives the economy. Federally Canada has lost 8-10 billion just on the decline of oil. Many provinces sales tax is a large revenue generator but no one is spending.
The "LOLCANADA" thread...again Quote
04-18-2020 , 12:14 PM
of all the many ways trudeau can and should funnel money into the economy to get it restarted, lowering the carbon tax has to be the absolute worst.

The simple truth is that canadian oil was absolutely ****ed with the growth of US Shale oil and them switching to being a net exporter of oil. Teck Mine, keystone, transmountain, these can help but no way price is returning to the numbers wanted for many years. And then today with the glut coming from demand dropping and SA/Russia pumping you could have all three of those and albertan oil would STILL be ****ed.
The "LOLCANADA" thread...again Quote
04-18-2020 , 12:56 PM
Quote:
Originally Posted by uke_master
of all the many ways trudeau can and should funnel money into the economy to get it restarted, lowering the carbon tax has to be the absolute worst.

The simple truth is that canadian oil was absolutely ****ed with the growth of US Shale oil and them switching to being a net exporter of oil. Teck Mine, keystone, transmountain, these can help but no way price is returning to the numbers wanted for many years. And then today with the glut coming from demand dropping and SA/Russia pumping you could have all three of those and albertan oil would STILL be ****ed.
Nothing I can argue with here
The "LOLCANADA" thread...again Quote
04-18-2020 , 06:39 PM
Quote:
Originally Posted by lozen
They will throw more money at the economy . Still many sectors open. If we start to open as we do a great job and than open the USA border and let all the infected in we have to shut down again.

Tell me how ease of regulations (Which ones) and removing the carbon tax drives the economy. Federally Canada has lost 8-10 billion just on the decline of oil. Many provinces sales tax is a large revenue generator but no one is spending.
Why would infected Americans be crossing the border? Obviously when it opens back up there are going to provisions put in place to make sure that's not happening. It will be the same as all international flights. Also whenever the US/Canadian border does open most Americans will have been tested.

Government throwing tax payers money at the economy won't help or fix it. Canada is over regulated its why most of the investment has flowed to the US. Follow in the US foot steps and focus on bringing industry and jobs back. Team up with America and stop importing Saudi oil and build a few more pipelines and nuclear plants.
The "LOLCANADA" thread...again Quote
04-18-2020 , 06:51 PM
Why would infected Americans be crossing the border? Probably because a lot will have no idea they are infected, or some will not care. Some may want to come here to buy whatever medication Trump says they should try in the future, since it will be cheaper here. Have you seen the nice crowded beach scenes today, and soon you will see filled malls in Nebraska, even though minimal testing has been done. USA#1.

How the USA is handling it is a bit different, and it shows and will show a lot more in the future. Best to wait for a vaccine, and once the border opens you can move down to Florida and wear a MAGA hat at that time. Visit the beaches, they are popular.

All the best.
The "LOLCANADA" thread...again Quote
04-18-2020 , 07:06 PM
Quote:
Originally Posted by Monteroy
Why would infected Americans be crossing the border? Probably because a lot will have no idea they are infected, or some will not care. Some may want to come here to buy whatever medication Trump says they should try in the future, since it will be cheaper here. Have you seen the nice crowded beach scenes today, and soon you will see filled malls in Nebraska, even though minimal testing has been done. USA#1.

How the USA is handling it is a bit different, and it shows and will show a lot more in the future. Best to wait for a vaccine, and once the border opens you can move down to Florida and wear a MAGA hat at that time. Visit the beaches, they are popular.

All the best.
You obviously suffer from TDS, stop thinking everything is all about Trump. Have you ever crossed the border before? You can't just drive across willy nilly. Stop acting like this is some Trudeau vs Trump thing. They will open the borders when it's safe and come to an agreement how to hopefully keep everyone safe.
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04-18-2020 , 07:21 PM
I have likely crossed the border more times than you will in your lifetime. Driving through the border (obviously pre this stuff) was as mundane and easy a process as possible, in both directions, and I did it well over a hundred times with declared commercial goods, and over a hundred times otherwise. The one time I, and everyone else ran into some issues was when one customs agent coming to Canada declared that his girlfriend dumped him that day and he was going to require every piece of paper to be filled exactly right. Fortunately, I always filled my paperwork exactly right, so that dude's weird personal issues saved me a lot of time that day, but others were going to have to wait until that guy's shift was done to get through that time.

I have quite a bit of family in different parts of the US, including New York City, Chicago, and several southern states. It is a mess down there. A total mess. Trump is the idiot in charge, but systemically the USA is so far behind the curve it is almost crazy to see it happening, and it will get worse.

Your little share pipelines and buy a knee replacement down there belief structures would be kind of amusing in different times. You have stated you want to live there. Do it, but when you do be sure to stay healthy.

All the best.
The "LOLCANADA" thread...again Quote
04-18-2020 , 07:34 PM
Quote:
Originally Posted by Shifty86
Why would infected Americans be crossing the border? Obviously when it opens back up there are going to provisions put in place to make sure that's not happening. It will be the same as all international flights. Also whenever the US/Canadian border does open most Americans will have been tested.

Government throwing tax payers money at the economy won't help or fix it. Canada is over regulated its why most of the investment has flowed to the US. Follow in the US foot steps and focus on bringing industry and jobs back. Team up with America and stop importing Saudi oil and build a few more pipelines and nuclear plants.
Wow you and I think exactly alike. Except a coconut dropped on my head, and I lost all sense of logic and critical thinking. What's your excuse?
The "LOLCANADA" thread...again Quote
04-18-2020 , 10:21 PM
Quote:
Originally Posted by Monteroy

Your little share pipelines and buy a knee replacement down there belief structures would be kind of amusing in different times. You have stated you want to live there. Do it, but when you do be sure to stay healthy.

All the best.
Not sure what the point of that word salad was. Who cares how many trips or relatives you have. Neither the US or Canada is going to just let people cross the border without some sort of precaution or testing being done.

We already do share pipelines, and are currently building a shared one. So let's let's build and share more and take full advantage of being neighbors to one of the best economies the world has ever seen.
The "LOLCANADA" thread...again Quote
04-19-2020 , 05:42 AM
Quote:
Originally Posted by uke_master
of all the many ways trudeau can and should funnel money into the economy to get it restarted, lowering the carbon tax has to be the absolute worst.

The simple truth is that canadian oil was absolutely ****ed with the growth of US Shale oil and them switching to being a net exporter of oil. Teck Mine, keystone, transmountain, these can help but no way price is returning to the numbers wanted for many years. And then today with the glut coming from demand dropping and SA/Russia pumping you could have all three of those and albertan oil would STILL be ****ed.
This is so true / end discussion on CDN oil. I actually owned an O&G business in Alberta for 2014-2015 and had to sell my business at a loss. Why? Because the cash flow & economics didn't work below $X/barrel of oil. Having spent actual time there w/ real skin in the game, it is amazing the cognitive dissonance how so many Albertans view the govt (Taxes!!1, they're hindering us!) yet at same time when troubled times come they ask for hand outs and bail outs. The truth of the matter is Alberta needs a reality check. It costs more money to get that oil out of the ground than it's worth. The business model is antiqued and it's mostly a bunch of 50+y/o people who are trying to stick their head in the sand and ignore the realities of today. If it wasn't OPEC deals crashing the price of oil it was inevitably going to be shale from the states, which here is an econ 101 lesson.. they can fill a barrel of oil for cheaper than in Alberta. Now you know (if you didn't already) Those in Canada know that our oil is dirty and simply costs more to extract/put in a barrel & ship than other places in the world. It's that simple and it's good we innovate in that way and the sooner our nation understands this and drops this dumpster fire economic model the better. All these CDN companies (most of them) are basically walking zombies and deserve to go bust/fold without any bitching. That's capitalism 101 and what I did w/ my business and ultimately it's a net positive for the world. It's really that simple and should be a universal law: If you can't make a profit on your own you fold.

I don't expect tears or hand outs, and neither should those still operating in 2020 CDN oil when the writing has been on the wall for several years now. I can tell you first hand entitlement/delusion & Alberta go hand in hand.

Last edited by Kazuya; 04-19-2020 at 05:49 AM.
The "LOLCANADA" thread...again Quote
04-19-2020 , 06:38 AM
Quote:
Originally Posted by Shifty86
Not sure what the point of that word salad was.
Of course you do not, and despite my trying to keep it simple for you, I shall explain it a bit more. You seemed to suggest that I was the one unfamiliar with how the border crossing structure works, and my point was to show that I actually have a lifetime of experience with how it works, whereas I suspect you do not, and you are tossing your armchair analysis of the theoretical world based on your narrow beliefs of how it should work.

Anyone with actual experience with the border knows that for the most part those working there are average schmoes at best, and to expect that group of people to follow detailed health protocols on a large scale basis is literally laughable. One person I know who worked at Pearson as a customs agent used to brag that he would let people through depending on how "hot" they were, and he was not referring to the person's actual temperature.

Quote:
Originally Posted by Shifty86
Who cares how many trips or relatives you have. Neither the US or Canada is going to just let people cross the border without some sort of precaution or testing being done.
I care, because what goes on down there has a much more direct impact on me, and I also receive considerably more first hand details of what it is like down there as well, which again is why people like you, with your insight, tend to be amusing in better times, but annoying in these times. It is a literal **** show down there, and several of the people I know actually voted for Trump (more based on hating Clinton, or needing a big change) and literally every one of them wishes they could retract that choice at this point.



Quote:
Originally Posted by Shifty86
We already do share pipelines, and are currently building a shared one. So let's let's build and share more and take full advantage of being neighbors to one of the best economies the world has ever seen.
Yeah, sure, kumbaya.
The "LOLCANADA" thread...again Quote
04-19-2020 , 09:47 AM
Quote:
Originally Posted by Kazuya
I don't expect tears or hand outs, and neither should those still operating in 2020 CDN oil when the writing has been on the wall for several years now. I can tell you first hand entitlement/delusion & Alberta go hand in hand.
Yeah, I've been in the industry for 15 years trust me I have skin in the game. Funny you ran an unsuccessful oil and gas company for 2 years and think you know it all. The company I've spent the last 8 years was operating just fine at pre coronavirus oil price levels. At 30$/bbl they were profiting around 80M a month. Suncor and CNRL have both said they can survive at 18$/bbl.

Most Albertans don't want a government hand outs at all, they just want pipelines and projects approved so they can work. Who knows what is going to happen when all of this of over. A lot of industries and business are going to be destroyed and never re-open, Canadian oil won't be one of those.
The "LOLCANADA" thread...again Quote
04-19-2020 , 12:13 PM
Quote:
Originally Posted by Shifty86
The company I've spent the last 8 years was operating just fine at pre coronavirus oil price levels. At 30$/bbl they were profiting around 80M a month. Suncor and CNRL have both said they can survive at 18$/bbl.
Then what on earth was the snivelling about cutting the carbon tax about? If you can profit 80M a month, surely we should, oh, i dunno, triple the carbon tax?
The "LOLCANADA" thread...again Quote
04-19-2020 , 12:15 PM
Quote:
Originally Posted by Shifty86
Why would infected Americans be crossing the border? Obviously when it opens back up there are going to provisions put in place to make sure that's not happening. It will be the same as all international flights. Also whenever the US/Canadian border does open most Americans will have been tested.
This is a terrible take. Like if you are even half opening one eye through the crisis you know asymptomatic people spread the disease. And you would know people are not following recommendations. And you would certainly know that "most americans will have been tested" is absolute nonsense with zero chance of happening. The US testing situation is a disaster. The only way you can think things like this is if your entire source of US news is donald trump's twitter feed.
The "LOLCANADA" thread...again Quote
04-19-2020 , 12:43 PM
Quote:
Originally Posted by uke_master
Then what on earth was the snivelling about cutting the carbon tax about? If you can profit 80M a month, surely we should, oh, i dunno, triple the carbon tax?
Lol yeah let's punish companies even more for being successful. It took almost 5 years of a huge cost savings initive and a bunch of Innovation to get to that point.

The point of cutting taxes and easing of regulations is to get companies investing and building things again. Since we are spending hundreds of billions right now and nobody is working. Why do you think more investment has flowed to the US in the last 4 years? Fracking and shale have been around for decades.
The "LOLCANADA" thread...again Quote
04-19-2020 , 01:16 PM
Oil is a national resource. The goal from a public policy perspective is to maximize the benefits to canadians, not oil and gas shareholders, particularly because it is humanity that pays for the externalized costs not the shareholders. You can't take profit seeking completely to zero, because as you suggest there wouldn't be investment, but the goal should be a stable minimum of ability to profit in the oil and gas sector. While are aren't yet ready to move away from oil and gas completely, it is ridiculous there are companies making 80M a month who have the audacity to think they should make more with lower taxes.
The "LOLCANADA" thread...again Quote
04-19-2020 , 01:55 PM
Quote:
Originally Posted by uke_master
Oil is a national resource. The goal from a public policy perspective is to maximize the benefits to canadians, not oil and gas shareholders, particularly because it is humanity that pays for the externalized costs not the shareholders. You can't take profit seeking completely to zero, because as you suggest there wouldn't be investment, but the goal should be a stable minimum of ability to profit in the oil and gas sector. While are aren't yet ready to move away from oil and gas completely, it is ridiculous there are companies making 80M a month who have the audacity to think they should make more with lower taxes.
Damn and you are a university professor? It costs billions to build these plants, companies don't just hoard cash they expand and spend it creating jobs. The audacity to give +10k people tax paying jobs!
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04-19-2020 , 03:17 PM
Lol trickle down
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04-19-2020 , 04:29 PM
What would people guess the over/under is on international flights? I'm hoping sept
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