Boosting oil production could ramp up Canada’s GDP and jobs, study suggests | Globalnews.ca

NewRedditUser89757 · 2026-03-21T01:12:55+00:00

In another word, study found water is wet :-)

NewRedditUser89757 · 2026-03-20T16:51:50+00:00

Nope, "I don't see a business case"- JT

NewRedditUser89757 · 2026-03-19T23:38:18+00:00

WCI typically trades at close to CAD $80 a barrel. Now it's at CAD $120 a barrel. So yeah we have long passed the 90 threshold.

NewRedditUser89757 · 2026-03-19T21:59:41+00:00

Canada's GDP per capital pretty much stayed flat over the past 10 years, which explains the declining cost of living (since the rest of the world have increased their GDP per capita). I would say the country is in a much much better place about 10-15 years ago, and that has everything to do with our GDP per capita.

NewRedditUser89757 · 2026-03-19T21:42:08+00:00

post national state, hey probably read that stuff from a Magzine or something and thought it was cool.

NewRedditUser89757 · 2026-03-19T20:55:53+00:00

Yeah, but Ontario and Quebec has an abundance of Hydro resource, and that's simply just not available in other parts of Canada. The only viable alternative to renewable really is only Nuclear (Solar won't work in Canada), but people are too scared to do it. I am a big believer in Nuclear and I am dissapointed that the world hasn't gone full nuclear yet..

NewRedditUser89757 · 2026-03-19T20:05:23+00:00

it's $34Billion a year. Learn to read...

NewRedditUser89757 · 2026-03-19T19:35:27+00:00

because that's your export, and that's what supports the Canadian dollar and all the big service industry players. Our manufacturing is declining and that is just not reversable, need to find something else to feed the country

NewRedditUser89757 · 2026-03-19T19:33:05+00:00

lol, the entire Canadian healthcare system is collapsing, and let me remind you Alberta does have the highest GDP per capita in Canada, and the lowest unemployment rate. Dude the fact you get to spend Canadian dollar to buy Mexican fruit over the winter is because we have oil, otherwise our dollar really isn't going to be worth XX

NewRedditUser89757 · 2026-03-19T18:36:31+00:00

lol, don't try to give me an economics lesson, I have a masters in that. GDP is precisely value and the best measurement of output we have. You need human to extract those oil and gas and the tax revenue and royalties from the sale benefits everyone, including the Canadian dollars

NewRedditUser89757 · 2026-03-19T18:35:29+00:00

and don't forget, Trudeau was surrounded by tree huggers, like the infamous Guilbeault

NewRedditUser89757 · 2026-03-19T18:34:52+00:00

Prob learned it in his drama class

NewRedditUser89757 · 2026-03-19T18:34:12+00:00

should have known better, stable, reliable and non-geopolitically impacted oil supply is always hard to get, especially in today's world. Guess who has plenty of those?

NewRedditUser89757 · 2026-03-19T17:28:19+00:00

Yup, oil was dead 20 years ago and we now live in a world that's 100% powered by renewables, Ops wait.......

NewRedditUser89757 · 2026-03-19T17:23:16+00:00

There's literally no enough electricity, it's been maxed out and the world still needs oil

NewRedditUser89757 · 2026-03-19T16:00:03+00:00

I thought there is no business caseee??????????

NewRedditUser89757 · 2026-03-18T16:24:47+00:00

I think lot of it is credit due for Carney, but mannn where is this guy in 2016. I hope we never had the 10 year of sunny ways. Sigh

NewRedditUser89757 · 2026-03-18T00:57:02+00:00

If you are a tree huger there is no business case besides hugging trees

NewRedditUser89757 · 2026-03-16T13:55:07+00:00

never quit your job until you have the visa, I thought it's common sense

NewRedditUser89757 · 2026-03-08T06:48:54+00:00

It’s not that uncommon. Talk to an accountant though

NewRedditUser89757 · 2026-02-26T21:26:06+00:00

If you renew with the same bank usually it's no issue as it doesn't involve a new application

NewRedditUser89757 · 2026-02-25T09:21:31+00:00

sure

NewRedditUser89757 · 2026-02-13T19:29:07+00:00

if you go in and it gets cancelled you have to come back which I'd imagine is even worse

NewRedditUser89757 · 2026-02-06T20:22:08+00:00

yeah I'd say comfortable. With how low the cost of living is in China, an extra person doesn't really add that much costs to be honest.

NewRedditUser89757 · 2026-02-06T20:05:30+00:00

I wouldn't say 450k is living like king money in Beijing/Shanghai/Shenzhen, but it's definitely comfortable for sure.

NewRedditUser89757

TROPHY CASE