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Show posts MenuIn January, officials in Australia announced they had found a shale oil field that contained more "black gold" than what's found in Iran (137 billion barrels), Iraq (115 billion barrels), Canada (175 billion barrels) or Venezuela (211 billion barrels).Quote
Discovered underneath the small Southern Australian town of Coober Pedy in the Arckaringa Basin in 2008, officials estimated the lone oil field contained about 233 billion barrels of oil โ just 30 fewer barrels than what officials report is found in all of Saudi Arabia.
Previous to the finding, geologists believed Australia only had 3.9 billion barrels. Collectively the world has 1.9 trillion oil reserves. If the Arckaringa basin does have at least 233 billion barrels, Australia will possess 12 percent of the world's oil reserves.
Quote from: "Shen Li"I roll my eyes that people are still peddling the myth that Alberta has done nothing to diversify it's economy. Only Newfoundland has diversified more than Alberta. The reason at least prior to Jim Prentice and Rachel Notley was it's super competitive tax policies and zero net debt. In 2012, Calgary Economic Development lists 123 companies headquartered in Calgary that report annual revenues of $100 million or more. Dozens have revenues in excess of $1 billion and, somewhat surprisingly, 12 of that number are not oil and gas companies. Both of our class one rail companies have their logistical centres in Alberta.Quote from: "seoulbro"
Ontario is the province that most desperately needs to diversify away from it's dependence on a declining auto sector. Thirteen straight years of sub par economic performance. The former economic engine of Canada cannot even get going with a 70 cent dollar. We got a multi billion dollar bailout from the previous government for our number one industry and Alberta gets the door slammed in it's face by this government. I can understand the frustration the people of Alberta must feel. But, we cannot afford to lose Alberta. We could survive without Quebec, Newfoundland or Nova Soctia, but we are done as a nation without Alberta.[size=200]BULLSEYE!![/size]
It's not resource rich Alberta, Saskatchewan or BC that have put all their economic eggs in one basket. It's Manitoba, Ontario and Quebec who are receiving equalization payments while NOT fully developing their resources.
Quote from: "Renee"We should draw about it!Quote from: "RW"
Sorry, Joe doesn't inspire my creative juices. All dried up right now.
The only juices he inspires are the kind that come up from the pit of my stomach.
Where are Joe's drawings.ac_dunno :001_rolleyes:
My husband and I know a couple who are very active in a movement to change Alberta's relationship with the rest of Canada..Quote from: "Fashionista"
One of the options they have on the table is union with the United States..
Apparently it's always been around, but has gained traction over the last few years with comments about Dutch disease and that Canada is better off in the hands of leaders from Quebec so they tell us..
I was wondering what would the future be for Canada if Alberta left confederation for the United States?
I assume Saskatchewan and BC would also reassess their role in Canada too.
Perhaps Canada would be from Manitoba to Newfoundland plus the three territories.
Quote from: "Shen Li"Quote from: "Herman"
Don't worry about Alberta or Saskatchewan. Worry about BC which will face the same price discounts trying to sell natural gas to the states or a US state department that will block gas pipelines from BC to the rest of Canada. Canada will be forced to buy natural gas from the newest US state of Alberta.
Alberta and Saskatchewan leaving Canada would crush BC's economy and living standards quickly.
Ignore the troll Herm. Trust me, he's not listening to you.
Anyway, you are right about BC. If Alberta pulls the pin, that province is doomed. After a couple of years separated from Canada physically, but picking up the equalization slack they would be an economic basket case. Mexico wouldn't let them become a state let alone the US.
Quote from: "Herman"Quote from: "J0E"We have a national government that refuses to be cheerleader for our number one export. Any time a loony self-serving mayor says no to Alberta they get their way which is unsustainable for us. BC can pay Quebec's allowance.Quote from: "Shen Li"
...how about, since you don't like it here, why don't you emigrate there?
no medicare, 1% of the population in jail at any given time, a nation at war always sending its kids to go somewhere and fight.
...plus a nation which is teetering on the edge of bankruptcy.
Yeah, America was once golden, the breadbasket of the world, but it is no longer.
This aint 1960 no more.
Did you read my post Joe? I said what the criteria would need to be before Alberta or Saskatchewan would exit Canada. Number one would be that we retain our health care systems. Other states can copy it if they wish.
And telling Albertans to emigrate if they don't like having their economy deliberately handcuffed for political reasons is not a solution.
We have a national government that refuses to be cheerleader for our number one export. Any time a loony self-serving mayor says no to Alberta they get their way which is unsustainable for us. BC can pay Quebec's allowance.Quote from: "Shen Li"
WASHINGTON โ If Treasury Secretary Jacob J. Lew was not aware that Americans have strong opinions about what, and who, is in their wallets, he certainly is now.Quote
Several million people have responded since Mr. Lew issued an unprecedented invitation to the public last June to help redesign the nation's cash. His question: Which woman from American history should be chosen as the first on paper currency since Martha Washington briefly graced the $1 silver certificate in the late 19th century?
The outpouring of responses about the forthcoming redesign of the $10 bill has surprised administration officials both by its numbers and by the volume of unanticipated complaints, forcing Mr. Lew to miss his self-imposed December deadline for an announcement and leaving unclear when he will decide.
"I think it took us all by surprise just how much interest there really was," Rosie Rios, the treasurer of the United States, said in an interview.
Mr. Lew intended to inspire a national conversation about women's contributions to the nation and to generate ideas for new symbols to reflect democracy on currency โ "to make a statement about who we are and what we stand for," as he said.
What he got besides was something of a tempest that included reflections about the worth of women and about the relative merits of two particular men, Alexander Hamilton, a founding father, and President Andrew Jackson, whose portraits are on the $10 and $20 notes. The comments showed Jackson to be as reviled as Hamilton is revered, reviving an argument that the $20 bill should be redesigned before the $10 note
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