turnip

If we write off the US what does that do to our standard of living?

Assuming pipelines are obviously orders of magnitude more efficient than shipping by tanker. It also then still requires a pipeline to the east coast as a first step, which we cant get built due to Quebec, who ironically import all their energy from the US. All these costs and we then have to compete with countries on that continent who can build pipelines to Europe.

Given our small population we are the 4th largest exporter of oil and our loonie essentially tracks oil prices, hence it makes up such a large component of our standard of living. This idea we can pivot seems silly at first glance, but I'd like a differing opinions if one exists.

My opinion is anyone but the Liberals, in order to create real world consequences for doing population driven QE. It should be a warning to all that it is a way to lose elections, since it dramatically hurts the poor and causes shortages without creating real prosperity.

We essentially inverted the phillips curve, which BoC publications say the labor shortage is a natural phenomenon after QE in order to restore the created wealth inequality from asset price inflation, so we shouldnt be trying to fill the temporal labor shortage before the Bank of Canada raises rates to cool the job market and asset prices.

Which Canadians cannot afford. Because we are poorer than the poorest US state, and our productivity investment is at alarm levels according to our own BoC.

This is the tradgedy of the commons right here, we had a lost decade of per capita GDP growth, lowest in the OECD; but the average person wants to continue running up debt to "help" all those people who are now suffering. Most of our problems seem to be own goals, from housing to stagnant wages, as we pushed mass immigration to artificially boost GDP to hide our poor economic record, and we wonder why we now have doctor shortages.

For those that are stuck with these lunatics that want 4 more years of this, just invest in XAW.TO to stay afloat. Its low fee and globally diverse minus Canada. Though if they become a green energy superpower, by shipping their intermittent wind and solar power to the US, you'll miss out on all those gains /s.