Quote:
Originally Posted by Shifty86
I'm not sold on this premise but if you are then you should want a government that tries to attract investment in the industry not the other way around.
Why not both?
Your not sold on this premise ?????
Every goods u need are affected by being transport to you at a higher cost ….
From making it until you receive it at the store or your own home ….,
How is that hard to comprehend ?
If a company need a item to produce something it need it through delivery right ?
How can it sell the item cheap if Just receiving the part to produce something has a high cost in oil ?
And then pay another high cost by delivering its finish goods to the market ??
Why you think the manufacturing sector in Ontario and Quebec takes a huge dive when oil prices goes too high ?
Because the cost of production is too high and the margin profits evaporate ……
(Not too mention the Canadian dollar spike up because of oil, being unable to sell cheaply on the international market )
What happened then ?
Job being send overseas while alberta start complaining about paying too much taxes
Through the equalization program because Ontario and Quebec have a weaken economy ?
Ffs…..
https://www.frbsf.org/education/publ...mpact-economy/
“Oil price increases are generally thought to increase inflation and reduce economic growth. In terms of inflation, oil prices directly affect the prices of goods made with petroleum products. As mentioned above, oil prices indirectly affect costs such as transportation, manufacturing, and heating. The increase in these costs can in turn affect the prices of a variety of goods and services, as producers may pass production costs on to consumers. The extent to which oil price increases lead to consumption price increases depends on how important oil is for the production of a given type of good or service. “
High oil price with no inflation ?
Good luck with that ….
You live in a fairy tale .
Always me me me me thinking you have without thinking of consequences ….
Last edited by Montrealcorp; 01-04-2022 at 01:03 AM.