Someone else will export their energy and you'll be displaced.
Making ourselves poor while also having to deal with climate change sounds worse.
teppa
joined 1 month ago
I think the real problem with the world right now is aging demographics, which lead to higher interest rates, which threatens the ponzi scheme we have created in finance and housing.
The US is dealing with it using tariffs, Europe is using carbon border adjustments to do the same thing with a green veneer. Carney has said we would be joining Europe in tariffing foreign emitters.
https://www.weforum.org/stories/2014/11/ageing-populations-will-affect-interest-rates/
How about he invests in proper forest managery. Its not as if fires are perpetually preventable by just putting them out every time.
How about rezone housing and using the maintenance budget from urban sprawl.
Carney never seemed to care when a Liberal MP told people to kidnap a Canadian citizen for criticizing China when tweeting in Canada.
https://www.cbc.ca/news/politics/carney-paul-chiang-china-1.7497765
Well respond to his points in the video, I doubt you have any idea about his actual platform or world view.
The housing bubble is fueled by QE, the BoC buying half of all mortgage bonds, and cheap mortgage debt.
The entire system is already a ponzi scheme. We made cantillionaires out of home owners as we lead to crisis levels in productive investment.
The problem I see is an overall lack of infrastructure. People want cars to have room because with mass immigration and a lack of high speed rail it's now congested to hell.
Still the only country in the G7 without high speed rail, but we subsidize the rich to replace their 3 year old Lexus with a Tesla cybertruck.
What currency do we trade our oil in, who accepts Canadian dollars?
Tie it to housing, like Pierres platform.
How much do they fund of these tens of billions we give to indigenous groups? Income tax in Alberta is 63% higher than average due to higher salaries.
Go ahead and destroy the industry but expect austerity.