The problem is our lumber, oil, gas are majority sold to US. We would have to find another trade partner like Europe or china. If we can't it, it would be a major loss of GDP.
Much of Canadian oil is produced in the oil sands and is quite ``heavy.'' This means that it requires expensive upgrading and more refining than lighter crudes. Since it costs more to refine, it sells for a lower price.
"I’m deeply troubled by Danielle Smith’s recent meeting with Donald Trump. Given both parties' histories, I wouldn’t be surprised if the topic of Alberta leaving Canada to join the U.S. came up-if not initiated by Smith, then surely by Trump. This meeting feels like a betrayal of Canadian unity. Smith’s actions increasingly reflect self-interest over the collective good of a united Canada. Her willingness to entertain divisive ideas poses a genuine threat to the country's cohesion."
Part of the discount is from the higher costs of distilling heavy Canadian oil. But Poilievre is correct that Canada has been selling oil and gas at a hefty discount to the U.S. for decades. When you establish a business with only one customer, the only price is what that customer wants to pay. And U.S. consumers, refiners, and government have been prepared to take full advantage.
Im about to blow your mind: No one refines oil for gasoline. Gasoline is a BYPRODUCT of refining JETFUEL. Its all about that airforce and funding military. Because the government is just selling you 'the bad stuff' to recoup as much of the cost as possible. (And then they tax that for extra $$). Your government could make the price of gas 10c or free right now. But then they would want an extra 50 billion (of whatever) for the military. They already bought (or own) the oil and the refinery.
We also upended our refining capacity to benefit the Americans by making the supply chain "more efficient." Capitalism hurts poor people.... I think we can see it hurts poorer countries, too.
You are correct about the higher distilling costs, also Canadian oil is roughly $20 a barrel cheaper than International prices if the US were to buy from somewhere else. As Poilievre says, you would have to invest in billions of dollars worth of refineries and pipe lines to sell to the rest of the world. Then you have the cost of transporting that oil overseas. All in all the discount is not really hurting Canada.
I am a Korean-Canadian immigrant who has lived here for decades. I pay my taxes and care deeply about this country’s future. It’s time to pause immigration, stop printing money, reduce taxes, and build more pipelines from Alberta to British Columbia to export Canadian oil and gas overseas and restore Canada’s competitiveness. The entire world needs Canadian natural resources, especially in light of the ongoing war in Ukraine. Stop underselling to the U.S!
Funny how you want to stop printing money yet also demand pipelines be built. Where do you think the $$$ for that would come from? Printing money, cause it's how a sovereign nation with a fiat currency operates.
Did the Western Media tell u also North Korea is your enemy? Without a boogie man we cannot sell weapons. Also note that Korea has one of the biggest oil refinery in the world.
How quickly you forget the massive opposition to doubling the oil pipeline from Alberta to the west coast! It caused delays and cost overruns. Not easy to build pipelines in Canada despite our oil resources. Don’t just listen but check some facts about what is being said. Canadians are smarter than this guy makes us believe.
The economics of scale and where the final demand is, not to mention the taxes of ore vs finished products. Again, final demand destination ... without it, where would the value be?
@@RW1LD it’s a commodity that is priced on world demand. If we process it ourselves we reap the financial benefits, Not only that we create jobs to refine it that in turn drives a healthier economy in provinces that produce and refine it.
@stevefraser8411 look at steel... and how and why it's suffered around the Great lakes even on the massive scale the refineries are at. To be competitive, globally, you'd have to be a robot and ship it 6,000 more miles.
@ wouldn’t it be cool if we actually made our own steel. But let’s look at our resource sector. Oil and gas and Timber are all commodities we get raped on. We need to process more of this at home and drive our costs down.
I have been saying that for decades. Why has Alberta or Canada failed to build more refineries and refine and sell gasoline at market prices. Partly it is the previous corrupt politicians who worked with lobbyists to make sure that does not happen and US gets cheap oil to refine and sell back to us at market rates and the world. How stupid are we and we are waking up now since the threat of tariffs are on our doorsteps. Why could we not diversify energy from just one customer ages ago. In fact other commodities' that are traded with the US should also be looked at - Soft Wood lumber, Uranium, Beef, Potash etc.
Oil / Gas companies have determined that it's cheaper to refine crude oil in the US and then ship the distilled product back to Canada. Simple economies of scale.
Why can’t we refine it, help with the cost of building it and sell that to the US northern States and Asia. No resources should leave this country in its raw state.
Guess what folks that is why Trump is making such a fuss of Canada becoming part of the States. We have resources up the ying yang and the Americans want them at no cost to themselves.
Still doesn't make any strategic sense. If Canada became part of the States, the oil would still have to travel the same distances. The only difference would be that Canadian oil industry workers would now have to be paid in US dollars instead of the smaller Canadian dollar and there might no longer be an Alberta provincial government, so possibly no more subsidies given locally at a deficit. This would definitely not decrease the price of Canadian oil for Americans.
China has infiltrated Our Parliament, Our Federal and Provincial Elections, and owns Politicians. The US can not afford to have China as a neighbour. We are the second largest country onn the planet with a population smaller than California. We are an extremely rich country with poor people struggling to heat their homes and put food on the table. The depth of which China has dug into our country is just starting to be recognized, because it has been highly suppressed for almost a decade.
The problem is... it is all a Trump smoke screen. He is grabbing headlines to gaslight you.... 'Look over here!'. He has no idea how to lower pricing. How to lower interest rates (today the stock markets fell because rates will go up this year). How to create employment. But he sure knows how to give tax cuts to the uber rich! By the billions! The Bill is already drafted. Do you think these Billionaires will share it with you by giving you higher salaries? And look over here! There is a woke thing going on over here! How much more food will that put on your plate? Start paying attention. You will see that this is all just a episode of The Apprentice.
@Pencil-o1p They wouldn't lower their prices if they didn't need our refineries, but Pierre is talking the toughest talk he can from a position of negotiating weakness. It won't do much with Trump, but I respect it.
@@InsatiableMonkey Even if Canada built their own refineries, their oil and gas is irrelevant really. While they do sell us more than any other single country does, Imported energy from Canada still makes up approx 1% of all energy the US consumes.
same. i don't think most non-Americans realize we won't get mad at ya for looking out for your own self interests. what i don't get is why non-Americans get so mad when America tries to do the same.
If Alberta stop giving away trillions of dollars to those multinational, petrochemical companies and institute a sales tax just think how rich this country would be
@litonyayo1666 Probably the exchange rate if it is and they probably drill in their homeland. However if you think North America is going to let something as crucial as gasoline go for that cheap... you have lost it. They want to squeeze every last cent out of us that they can
I’m in Calgary. It’s time that a leader talks about oil and gas. We have the resources to make Canada stable and wealthy but instead, even Quebec buys dirty oil from those countries that are less than desirable. We need pipelines and refineries to make Canada stronger and independent.Instead our policies have made us weak.
@@nickyalousakis3851 It's because Montreal Mayor Denis Coderre and 81 other Quebec municipalities refused to allow the Energy East pipeline to be built from Alberta to bring oil to Quebec and too Canada's largest oil refinery at Saint John, New Brunswick who also import Saudi oil. It is Quebecer's who sold out Canada in favour of Saudi oil.
If you do that the social system they built will fall. The center of power will move West. They can't have that! Thanks Trump as he is forcing Canada to have hard conversations we otherwise are ruled by the French and British.
Pierre Trudeau made these arguments over 40 years ago in regards to Western Canadas oil and gas industry. The solution was to Nationalise the industry and give back to Canadians while banking more of the profits for our treasury.
Imagine if we nationalized oil like Norway. The Sovereign Wealth Fund is worth 325,000 per Norway citizen and its interest pays for all sorts of public programs, including green investments. And we produce significantly more oil than Norway. The tragedy is that we actually had this, but the conservatives working on behalf of oil lobbyists chipped away at before finally selling off Petro Canada to private interest under Brian Mulroney.
You actually have oil nationalization. Currently, Alberta subsidizes the rest of Canada at $80,000 per head counting down to the last housewife and baby in the crib. It is regarded as the largest transfer of wealth from the young to the aged in all of human history. Literally opposite of the social contract found in all of history.
As an American, I had no idea that this was happening (and I think that I stay pretty informed) and if you guys are getting ripped off, charge us full price! You deserve full price for your goods as much as we deserve full price for ours. Let’s see how things shake out, will make it work. Honestly, America also has enough natural resources to be a net exporter of oil and gas, as we were right at the end of 2020 - I will never forget when oil futures literally went to zero because there was such a high potential for oil exports.
I agree. Trump pretends like him and all his followers are victims. Over half of the US f'ed around, it's time for them to find out! I know I'll be paying higher gas prices too, but it's time to reduce oil dependence anyway. FAFO MAGATS
As an American, you don't know what you're talking about. Canada is NOT getting ripped off. Canadian oil is one of the heaviest in the world and there are about two countries which have refineries that can process them (the other being China), at scale anyways. On top of that Canada has this habit of dropping stones on its own feet. Their own shocking objection to Keystone XL (which already limited their export options), their OWN cancellation of trans-mountain pipelines to its west coast to export Asia or abysmal railway infrastructure to the east for even potential (though more expensive) export to Europe severely limits who they can sell. The cost of refining and transporting oil and gas is part of the price and put simply, Canadian oil is a heavy buyer's market and will do so for the foreseeable future.
@ I think you’re missing what I’m saying. I’m not saying “charge us the full price of the best quality oil in the world,“ I’m saying there’s no need for Canada to give us discounts beyond market value. If they’re oil is only worth five dollars a barrel, then there’s no need to discount it to us for four dollars a barrel. Put it out for five bucks a barrel on the open market and see what happens. I know the oil is garbage, otherwise, everyone would be using it as an alternative to American oil.
@@peachykeen7634 Where do you get the idea that Canada is giving a discount to the US for its oil? There's only one country that "demands" Canadian oil. There is one arms-length transaction for Canadian oil and that is the price. The rest, like this "giving a discount" is fluff. That is pretending there is arbitrage opportunity and nobody take advantage of it, which hasn't happened, ever.
all the new us oil the fracked shale oil is light sweet crude. most of the refineries are set up for intermediate sour crude. it's not an easy or quick switch. billions of dollars and up to 10 years . in the meantime the light sweet sells at a premium and the canadian crude is cheaper. so us makes a double profit selling the fracked oil and importing the canadian cheap stuff.
the EU has already asked canada to send energy. our liberal prime minister refused to do so. with a new PM i'm sure canada will sell to new markets including the EU
@@Ongogablogianobjective -- i find left leaning comments always void of specifics. there is nothing of substance to your comment. deal with the EU over trump? what does mean? the EU called out canada to send energy to europe. liberals said - no. in your mind why don't you read the room for me or anyone reading your comment... bc i have no clue what you're saying unless you get specific.
Canada's tar sands are some of the dirtiest oil in the world. Literally the last oil reserves that should be harvested while we move to a much much lower fossil fuel future. The fact that we profit off significantly contributing to the climate change disaster doesn't make it right. How many cities/forests need to burn, be choked by smoke, be flooded, before people realize the cost of continuing to refine tar sands is TOO HIGH!
Just wait a year, we might get lucky and have blue states join Canada. then we'd be the most powerful and largest nation on earth with everything we need to be independent, saying that i think we should join the EU and convince Greenland and England to join too.
Outside of manufacturing, western Canada has absolutely everything a country could possibly be blessed with. How it's hard for people to live is insane. The mismanagement is astounding beyond belief.
We could have easily have been completely energy independent and a far wealthier nation by now. Liberals, and previous Conservative governments as well, have been screwing Canadians six ways to Sunday for decades. It stops now! Our natural resources belong to the people of Canada!
@@jasondashney Yup. We have the most abundant natural resources of any nation on earth by a wide margin. Logically speaking we should be more powerful than the USA. We just keep fumbling the bag HARD. It's time to build. We could become an economic powerhouse if we built the means to refine and ship out our resources globally and stop selling to the States for pennies on the dollar! Enough subsidizing the American economy; let's improve ours!
Careful what you wish for Trump. You said you didn't really know who Pierre was. You'll find out soon enough. Why are we sending our oil to the refineries like the one in Superior Wisconsin? Let's build our own.
Poilievre is more dangerous than Trump. He believes in making Canada great again, has some similar conservative views like Trump but actually intelligent
They did. That is the reason the current Liberal government funded building the Trans-mountain pipeline when industry decided it was cheaper to ship to the US.
Nope. Alberta does get a royalty as they should. The oil is on their land. But selling prices are set by the oil companies during the bid processes. It really is that simple.
Well duh, it's their oil, and when it comes to the US, their only concern is how much they have to cut the price down to compete with American shale. The fact that the oil is shipped by rail necessitates a further cut, because shipping oil by rail is way more expensive than shipping oil by pipeline.
Oil by itself is pretty much useless until it's refined. Why would I buy oil at a market rate when the supplier doesn't have the capability to process it. I'm in an advantageous position. The Canadian government restricted Canada's refining capability. Fix that and the price will go up.
Not really correct. The production price in Canada is already higher than the production price in the United States. So Canada adding refining capacity at many billions of dollars per development to refine what is already oil far more expensive than in the United States, which happens to be one of the major exporters now (the United States, that is, exporting around the world) then Canada raising prices just encourages the United States to consume more of its own production, produce more, and retool its refineries to use its own production rather than refining Canadian oil.
Indeed. This is how Trump thinks: He buys a potato from us for $5. We buy a carrot from him for $1. He is therefore OUT $4!!! And as a result, he deserves to own our carrot farm, it's only fair. The man is not getting sound financial advice and it clearly shows. He is confusing a trade imbalance with a loss, and as long as he eats the potato, there is no loss in this arrangement.
Wait, but that means we Americans will not get $1.89 gas on Jan 20th like our new leader promised. Does this mean he has been lying to us all along... gasp!.
The only time gas was that cheap during Dt term wasn’t even because of him but the global demand for oil tanked severely due to no one traveling or driving That’s what brought the price down. And I don’t even think that would work now because oil companies will just keep their prices artificially high.
@@Adrian-nw7iki don’t really care for most things that he says but this is very much common knowledge. We have heavy crude oil that isn’t worth very much and has few other markets, so Americans buy it at a discount and sell their light crude which has a higher value.
Canadian Oil is very 'thick' and as a result it does not command the same value at say WTI Crude. Alberta oil is harder to refine and only specialized refineries can take it on. Hence why it's priced lower.
@@rogerrabbit8756 Nat Gas is tricky though - in recent months there was a bit of over production and storage capacity was maxed out. Then what makes Nat Gas markets is the pipeline planning between buyers/sellers etc. So it's actually a bunch of factors why Canadian Nat Gas is a bit under-priced. But ultimately it's the market that decides, not the government.
Time to build a mega refinery on the border between Alberta and Saskatchewan, produce value added products to sell globally and provide energy to Canadians and Canadian companies so they can be more competitive. That would also attract global investors
Canada's tar sands are some of the dirtiest oil in the world. Literally the last oil reserves that should be harvested while we move to a much much lower fossil fuel future. The fact that we profit off significantly contributing to the climate change disaster doesn't make it right. How many cities/forests need to burn, be choked by smoke, be flooded, before people realize the cost of continuing to refine tar sands is TOO HIGH!
You usually refine oil close to the market where it is consumed. There is a refinery in Regina, a number of Edmonton and those supply AB/SK/MB. There are refineries in Ontario and Montreal that get most of their oil from Alberta (shipped trough the US). BC is a bit weird. There is a small refinery in Burnaby and another in Price George. Trans-mountain also has capability to have some refined product form Edmonton shipped to Vancouver. A fair bit of the gas in BC is refined in Washington state (using oil from Alberta).
You guys are landlocked, we had an oil spill here in Vancouver and never again. We can't risk the beautiful BC to get destroyed and it's whole eco system just for the other provinces to benefit more out of it. This is where we live and play , BC cannot afford to have anymore of such incident much more a worse one. Bring it over the atlantic and ask the east coast if they feel like having these massive pipelines themselves. Trudeau listened to BC that's why we voted him among other thing like having a coast guard and oil spill contingency crews in our inlet .
A few years ago the Irving Refinery in Saint John NB did a $1B upgrade to allow them the capability to refine GASOLINE (not crude oil, mind you) they buy in ocean going tankers from Venezuela and after cleaning it up, it ends up in filling stations all around Eastern Canada and North-Eastern United States. Just a fact for you.
too late. EV adaptation is killing oil, by the time we got it up and running it would collapse. saying that we are the third largest supply of lithium on earth....
i remember this one time i felt like no matter what i did, people just didn’t notice me. i tried everything-confidence boosters, social tips, you name it-but nothing seemed to work. then i found this book, Magnetic Aura by Takeshi Mizuki, and it completely shifted how i saw myself. it’s not just about being noticed; it’s about understanding the energy you project. honestly, this book made all the difference for me. if you’ve ever felt invisible, you need to read it.
It was Trudeau the first that imposed that price on Alberta and the Liberals have been blocking attempts to get it increased since that time Documented and not Alberta"s fault
when alberta has been clipped in how it sends it's energy by radical liberals... you have to rely on one customer. alberta has been mumbling about a pipeline not just to the usa, but to eastern canada.... which liberals bought and then intentionally mothballed, as well as west to vancouver. currently it's limited in capacity to train movement only. logistical capacity was clipped. further liberals forbase sending energy to europe despite the EU asking for canadian engergy.
@ The US doesn't have any say on whether Canada builds its own refineries. That's why your analogy is wrong. If Canada invested into its own refineries there would be no reason for the US to be involved whatsoever.
And... It doesn't matter. Uranium is one of the most plentiful substances on the planet. The US is giant uranium mines throughout Wyoming. Uranium is so plentiful in Colorado where I come from that you cannot dig a basement without installing special fans to suck the radioactive gas (Radon) out of the air in your basement.
@@2jYeti You don't get it, do you? The U.S. doesn't need ANY petroleum products from Canada or anywhere else. The U.S. can be completely self-reliant again when it chooses to be. Drilling and refining can be started back up at a moments notice. In the meantime...the U.S. should cut off any/all military protection it provides to Canada...as it has done free of charge for the better part of a century. Think Canadian taxes are high now? Wait until Canada has to stop being a parasite and actually spend money on a military. Canada is, and has been since its inception, delinquent on its NATO bill. Time to keep your promises and pay your own way, Canada. Good luck with that.
@@2jYetiCanadian economy would shrink 15% overnight according to calculations by the University of Alberta. That's absolutely unprecedented in Canadian history. The country would most likely tumble into chaos and face bankruptcy.
Quebec would never agree to it being piped through their province , even though they get to enjoy the transfer payments as a "have not province" paid mostly by Alberta
@@jeanbaptist6255 do what Iceland did, nationalize and tax it at 70% then eliminate taxes. but i wouldn't stop there, i'd go after all non renewable resource extraction, mining. DeBeers diamond mine in northern Ontario got a massively sweat deal from Harper only paying us 25 cents per million dollars of diamonds they pull out of the ground.
one night i was scrolling through my phone, feeling like i’d never figure out why some people just seem so magnetic. then i came across this book, Magnetic Aura by Takeshi Mizuki, and something about it caught my attention. reading it was like turning on a light in a dark room. it’s not about pretending to be someone you’re not; it’s about unlocking the energy you already have. trust me, this book is worth every page
Have You been to Vancouver recently? Most vehicles are electric now. Who needs refineries anymore? We should built battery factories instead. Even oil rich Norway is going full electric now. The profits of Canadian oil are going to American oil companies, Canadians don't get much out of it. We should cancel that bad deal!
I've been complaining about this for years. Development of other markets should be the major priority. Would you base a business on one customer? Nothing should leave this country in raw form whatsoever. Politicians of all stripes have been selling us out for generations. Much too busy lining their pockets. Has anyone met a politician who's not well off? Especially after having been in office. Somehow their increase in wealth, while serving, vastly outpaces their wages.
No its because the minute they leave they get paid for everything they know as consultants. Ie you leave as immigration minister you get paid huge bucks to consult for the largest immigration firms literally overnight with no application process or resume required..they call you...all of them.
You're exactly right America we will stay to ourselves in Canada make sure you defend yourself when it's time for something that pops off the US military will step down from now on how about that and we do so much more for Canada how about everybody we all just shut up and we all work together as one that would be the best thing right help each other out
@@jon8107 Amerikistan is the only threat. Canada is part of the British Commonwealth. Canada is part of NATO. Amerikistan is owned by China and Japan anyway.
Why does canada sell Usa electricity, cheaper then we the producers pay in canada? We build the power, pay premium price, then sell”excess electric” to new york state at less then half the price we pay. We produce it, we should get the discounted price!!! We built the excess solely to export, and believed the lies we were told, to their benefit, not ours!
The reason we sell hydro so cheap to the Americans is because you can't transport hydro electric over over seas. It's a case of, either we sell it cheaply to the ingrates, or we don't sell it at all.
@@ifyougrewupinbrightsgrove4840 You should really go read about energy production before asking questions this terribly basic. The short summary answer is that energy capacity isn't something you flip on and off all that easily unless you're talking about peaker plants-- Generally, a certain grid produces a certain amount of energy per amount of time. And when the utilization is less than that amount, you desperately need some place to send the excess because you cannot just cram it into the ground or even into batteries for the most part. And so you send it to a larger market if one is available. To do this, you have to convince the other market, generally speaking, not to build out capacity for themselves that they can provide for themselves. Their reliance on you in any way also tends to be something of a problem so you must incent them to take your energy. In the USA, we've actually had problems with markets as large as California having no place to send the excess output. And if they reduce their output, they simply don't have enough for most of the time. So they have had this nasty habit of sending their excess to other states and causing damage to the grids in the other states, which received such energy when it was not needed.
U.S. here. Canadian businesses need to develop markets that maximize returns to Canadian businesses. Leave the government out of it. Canada does not sell oil and gas to the U.S. Private Canadian businesses sell oil and gas to private U.S. businesses.
Many Canadian mega business are funded by the Crown aka Canada government. Ever heard the words 'Crown Corporations' ? Look it up please and don't sell the phoney American dream of capitalism to us canadians, were not interested in working for peanuts so the 1% get filthy rich.
Look up Power Corp. It's is an electricity corporation owned and funded by the government as a Crown Corporation. And that's only one example. Brafasco steel manufacture is another one. The list goes on and on. Bombardiere, DeHaviland, Petro Canada... If a corporation is not part of the Crown Corporation it is not going anywhere in the world market.
The reason Joe biden started the war in Ukraine was to cut off Europe from cheap Russian Energy. Our European leaders should have stopped this from happening, but they are too weak. They did exactly what Joe biden (us establishment) said. Same with canada, you can do nothing against the US. Canada will do exactly what Trump says.
So you mean sell competitively for less than the United States produces oil and gas domestically, which also happens to be one of the largest exporters of oil in the world now? And you know that the domestic production prices within the United States are also less than the production price within Canada, right?
The countries Trump has declared a Cold War with need to start encouraging/rewarding their citizens for pulling investments from Wall Street. It's over 40% foreign owned and the S&P 500 has a very high PE ratio. It's a point of vulnerability tied also to the strength of their dollar.
think about what you just said. 40% foreign owned, mostly governments and large investment companies, who's economies are tied at least in part to the performance of Wall Street and the value of the dollar. that is how you crash your own economies. it's not mom and pop with their 50 shares of microsoft constituting that 40%, if they pulled out en masse no one on Wall Street would even notice. it is government retirement accounts and bonds and bank portfolios tied to it. that is cutting off your nose to spite your face. back to the drawing board.
@@QwestyDaQwest Yes, think about what you just said. Governments can be the first to sell. You don't invest in your enemy. US commits crimes non-stop for 70 years and you want governments to do what exactly aside from opposing that?
@@BoreasCastel so, your "good idea" to stick it to the Americans got thoroughly destroyed as counterproductive and ignorant so you are trying to pivot to the "America is responsible for all the worlds evils" defense, eh? so the country that came to Europe's defense not once, but twice in world wars, then loaned pretty much the entirety of Europe the money they needed to rebuild their shattered economies, including the countries that fought against them (most of which never got paid back) while offering to trade with them at a massive deficit for 70 years AND fund their defense budgets is the "enemy"? just say you are a bigoted ideologue that has no idea what they are talking about and call it a day, bud.
The United States is why Europe has separate independent nations rather than Germanized or Russified subject populations that were starved to death by the millions for the sake of internal harmony and achieving obeisance. 😂
Which party was it that made this arrangement in the first place? I'll give you a hint it starts with a C, and is currently lead by the man in the video.
Here in France I am sure everybody would love to buy energy from Canada, right now the choices are USA, Russia and Algeria, none of those choices being particularly happy for different reasons.
Russia and Algeria makes much more sense, but since France diplomacy under Macron is utter nonsense, you prefer to side with Morroco and USA. Genius diplomatic moves right there
Great. Then how about the Conservatives, after selling Petro Canada, buy it back so we can do everything everyone here wants us to do? Otherwise, this is all just wishful thinking quite frankly. We don't own any of it!
Canada isnt offering America 'cheap oil" because they are being good neighbors. The location of, and quality of, Canadia Oil is mostly not very good in both location and quality. America is mostly the only place they CAN sell it at a profit.
Maybe your country should start contributing to the agreed upon NATO defense budget. But you don't. A vast majority of NATO countries rely on U.S. funding. Your independence would come at a price. A price you cannot afford....
A bit more then that but agreed. I'm under no illusions, we wouldn't exist without you guys, you would exist without us. Our military is probably around 30,000 combat troops... we're literally the 5' 100lb chick running her mouth off to the 6'3 250lb dude about how she's strong and independent.
Canada's oil industry would cease to exist without US demand for our oil. The Asian investors that own 70% of Canadian oil companies need those profits to enable cheap oil to int'l markets via tidewater. Alberta is a profit center for investors.
@tinacampbell8539 Even without including the Northwest Territories, Nunavut, and parts of northern Quebec that are less inhabitable, Canada is still larger in landmass than the United States.
Here is the problem .. USA is 60 trillion debt because it waged wars since 20 years in Iraq, Afghanistan, overthrowing governments of Libya, Syria, etc Also backing Israel military and aid in billions ..Now its 60 trillion in debt and the dollar is about to collapse . Canada exports oil, lumber, aluminum etc etc to USA and subsidized rates. And Canadian economy depends on USA businesses purchasing its goods and services. The problem is if the 60 trillion dollar debt collapses the US Dollar and if the US dollar collapses this will directly effect canada economy exports anyway.. What USA president Donald trump wants is to share the 60 trillion debt with canada, Greenland, Panama .. to help the US dollar survive by joining Canada with usa 🇺🇸.,
If your dollar crashes, our dollar goes up. We don't need USD. And we certainly don't need your astronomical debt that you've built trying to play world police.
LOL the USD has been appreciating against every other currency in the world for 3 straight years (2021 to 2024). You're so ignorant it's quite sad. Every other currency will first collapse before it's the USD's turn. You think the US has the most debt-to-GDP ratio? Try Greece, Japan and China.
Trans Canada pipeline is open through BC and selling to Asian markets. Coastal pipeline is open through BC and moving nat gas to LNG facility in BC and selling to Asia. Try to keep up please.
I am American. I like this guy. He is very smart, articulate and seems to be always well prepared. He's also very good at dismantling journalists interviewing him who are obviously not his supporters. Genius.
None of the provinces are "Canada First". There is always that one protester or short sighted, selfish premier that stops any progress, so I don't hold out any hope that any PM will make a difference. This is all blah blah talk I've heard a hundred times. We need a boat load of pipelines from Alberta to both coasts to become independent and get fair value for our energy. Instead of bringing prosperity and financial security to the ENTIRE country so that money can be used to become leaders in green energy and products, the premiers would rather bicker like children to the point it holds back an entire nation so that we are 100% dependent on the US. Now that the US has informed us they could care less about us and want to take us over, everyone is shocked. If you think any PM can fix this, you are fooling yourself. The PM can not force Quebec to have a pipeline and Quebec would rather buy oil from dictators then let another province benefit, therefor any PM we vote in will be useless. Let me hear that the premier of Quebec say that he actually cares about Canada and that he will allow a pipeline in from Alberta, then I can start to believe mr. pee pee.
We don't sell our oil for much cheaper to the USA than Mexico does. Us Canadians get 60% of our imports from the USA. We produce 5 million barrels of oil per day, the US produces 12.8 million. The USA, if our imports were cut off, could sustain themselves without us. We also get 15% of our energy from the USA, especially to our major cities including Toronto. Our own power grid can't support our own cities like Toronto during peak times in Winter and Summer. New York's power is crucial to Toronto. We are a hell of a lot more reliant on the USA than the USA is on us. Our oil is also significantly less quality than what the USA produces. If Canada "moved" away from it's dependence on the states our economy and domestic supplies would crumble. We are, and always will be, reliant on the USA. Pollieve's "Axe The Tax" isn't going to solve anything either except slightly reduce bills. Our problem is immigration. Nothing will change with trivially lower taxes. 12.5% of our population in our large cities is Students and Temporary Visa holders, we don't have the housing or infrastructure to sustain this influx of people. Immigration needs to stop and people need to leave.
OK, but by all means, please neglect to mention that Canadian in ground oil reserves are orders of magnitude larger than American reserves, the Americans would also be unable to sustain their economy without access to our severely discounted oil. And please also neglect to mention that Ontario, Quebec and BC export electricity and fresh water to the US that they need for their major cities. Oh wait, I see you already did. Good thing I remembered to mention it so your point would have the context you would rather it not have so you could attempt to sell a lie.
While I am MAGA and a die-hard Trump supporter, I would need to see why exactly Trump says Canada is doing unfair trade before I would support tariffs on Canada. There may be another underlying reason.
Because the US with its population that is 10X the size of Canada's buys more from us than our population of 40M does from you. The fact is that its not possible for us to buy enough to match US imports from Canada. Also the numbers he is quoting are raw goods. Canada primarily buys services, software and other things from the US that are not counted. The only leg he has to stand on is our sub par military spending.
@@The1stDukeDroklar the defense spending is climbing. The issue is political and politicians getting in the way of Canadian military procurement. Expect big changes after the next election, whether it's in October as scheduled or earlier. Trudeau overstayed his welcome and the numbers show Canadian voters are angry and want change. We give the US preferential treatment and deals already as compensation for our shortfalls.
Corporate would not have their record breaking profits if they lowered prices. That’s why they were so high to begin with for four years. They just got the orange light to do what they want and cut corners and gouge all they want because of it crashes they’ll be bailed out by Dt and they’ll buy up all the foreclosed homes and businesses at a severe discount. And that’s what he was setting up during his last term and Biden couldn’t fox because reds and companies were blocking constantly We’re all in trouble. I hope I’m wrong.
Y’all need to conform before the freshwater tap gets shut off or before we end the oil gas discount. You’ve been holding the L since 1812 I know it has to be getting heavy. Probably don’t notice it much though with the weight of the last 50 years of blunders
@@j.richard2059 Nice whataboutism. Hate to break it to you, but PP was briefly a journalist. And before that he worked at Telus when he was a teenager. Those are the only jobs he has ever had. He has been a political activist his entire life. He's a creepy populist ideologue with zero original ideas.
Which tells me that they know a helluva lot more about politics than a drama teacher would. Yeah, I am happy to have a politician doing the politics, just like I am happy to have a brain surgeon doing the brain surgeries.
I agree with you @deesmith6363. PP's greatest accomplishment in his twenty years in politics, has been his ability to draw a steady income off of us taxpayers while coming up with nothing more for us than a stream of bumper-sticker election slogans. PP is a weasel.
It's good to get the conversation started. US doesn't need Canadian oil and gas but it is better to buy from Canada than others. Time make a deal that is good for Americans and Canadians.
All sounds good by Polivere....BUT how would we do it? Doesn't happen over night? Who's paying for it? What company is going to invest? With oil and gas on the way out in 10 years...is this a sound investment? Who's paying? Do you think an American company will build a refinery in Canada under Trump's watch? Shouldn't we think about investing in other initiatives for future jobs? For Alberta amd Calgary as a whole? And, Polivere doesn't explain why our oil going is cheaper. Because it is a lower quality oil. Do your research. Please.
The cost of building a refinery is like 250,000,000 and the exorbitant amount of pollution will really set our beautiful country on fire. What are we leaving our children, our grandchildren and our beautiful land. I guess money and having stuff is more important
it is time for Canada to be more independent and move away from the USA
Not going to happen if PeePee becomes PM
There is a problem, they cover our south border. Good luck moving away
As a citizen of the USA.
I don’t blame you
Get out of dodge while you still can
The problem is our lumber, oil, gas are majority sold to US. We would have to find another trade partner like Europe or china. If we can't it, it would be a major loss of GDP.
Move away?)))
Exactly! Canada has the goods the world needs. Time to act smartly!
act smartly requires voting in a cerebral way.
You would fold like a deck of cards without US.
You realize what he is saying is logistically impossible right?
@@babyrakes why would that be?
@@babyrakesYes, please elaborate
Its not that Pierre says it, its a known fact that the US gets our oil at a huge discount.
It better stay that way unless you want your world turned upside down.
Much of Canadian oil is produced in the oil sands and is quite ``heavy.'' This means that it requires expensive upgrading and more refining than lighter crudes. Since it costs more to refine, it sells for a lower price.
@@HypeBeast764 Is that some kind of threat?
@@HypeBeast764 tread lightly or your prices are going sky high lil bro 🤣
Trump wants to slap canada with tariffs; it's time to jack up the prices of canadian oil. Why should our ally destroy our economy?
"I’m deeply troubled by Danielle Smith’s recent meeting with Donald Trump. Given both parties' histories, I wouldn’t be surprised if the topic of Alberta leaving Canada to join the U.S. came up-if not initiated by Smith, then surely by Trump. This meeting feels like a betrayal of Canadian unity. Smith’s actions increasingly reflect self-interest over the collective good of a united Canada. Her willingness to entertain divisive ideas poses a genuine threat to the country's cohesion."
It's time to open refineries in Canada and refine our own damn oil. And we need to export to Europe.
Canada has many refineries already. We don't buy refined oil from anyone.
or Asia..
@@gregallard2317 then why are we sending it south of the border to be refined,,or so we are told..
@@gregallard2317 wrong
Canada only has 18 refineries in need about 20 more ASAP .
Part of the discount is from the higher costs of distilling heavy Canadian oil. But Poilievre is correct that Canada has been selling oil and gas at a hefty discount to the U.S. for decades. When you establish a business with only one customer, the only price is what that customer wants to pay. And U.S. consumers, refiners, and government have been prepared to take full advantage.
Hey, hey. There’s no room for polite, logical discourse in the RUclips comment section.
Im about to blow your mind:
No one refines oil for gasoline. Gasoline is a BYPRODUCT of refining JETFUEL.
Its all about that airforce and funding military. Because the government is just selling you 'the bad stuff' to recoup as much of the cost as possible. (And then they tax that for extra $$).
Your government could make the price of gas 10c or free right now. But then they would want an extra 50 billion (of whatever) for the military. They already bought (or own) the oil and the refinery.
We also upended our refining capacity to benefit the Americans by making the supply chain "more efficient."
Capitalism hurts poor people.... I think we can see it hurts poorer countries, too.
Wrong. Brent crude and Western select have different market values.
And we sell at a discount above and beyond that. 20-30% cheaper.
You are correct about the higher distilling costs, also Canadian oil is roughly $20 a barrel cheaper than International prices if the US were to buy from somewhere else. As Poilievre says, you would have to invest in billions of dollars worth of refineries and pipe lines to sell to the rest of the world. Then you have the cost of transporting that oil overseas. All in all the discount is not really hurting Canada.
I am a Korean-Canadian immigrant who has lived here for decades. I pay my taxes and care deeply about this country’s future. It’s time to pause immigration, stop printing money, reduce taxes, and build more pipelines from Alberta to British Columbia to export Canadian oil and gas overseas and restore Canada’s competitiveness. The entire world needs Canadian natural resources, especially in light of the ongoing war in Ukraine. Stop underselling to the U.S!
It will only happen if Canadians will stop electing Lieberals and NDPs!
Now that you are here we should pause immigration? SELFISH much???
Funny how you want to stop printing money yet also demand pipelines be built. Where do you think the $$$ for that would come from? Printing money, cause it's how a sovereign nation with a fiat currency operates.
Did the Western Media tell u also North Korea is your enemy? Without a boogie man we cannot sell weapons. Also note that Korea has one of the biggest oil refinery in the world.
How quickly you forget the massive opposition to doubling the oil pipeline from Alberta to the west coast! It caused delays and cost overruns. Not easy to build pipelines in Canada despite our oil resources. Don’t just listen but check some facts about what is being said. Canadians are smarter than this guy makes us believe.
Why do we not process this raw commodity here in Canada and bypass the US
The economics of scale and where the final demand is, not to mention the taxes of ore vs finished products. Again, final demand destination ... without it, where would the value be?
Because the idiots we elect all want to buy high and sell low .
@@RW1LD it’s a commodity that is priced on world demand. If we process it ourselves we reap the financial benefits, Not only that we create jobs to refine it that in turn drives a healthier economy in provinces that produce and refine it.
@stevefraser8411 look at steel... and how and why it's suffered around the Great lakes even on the massive scale the refineries are at. To be competitive, globally, you'd have to be a robot and ship it 6,000 more miles.
@ wouldn’t it be cool if we actually made our own steel. But let’s look at our resource sector. Oil and gas and Timber are all commodities we get raped on. We need to process more of this at home and drive our costs down.
I have been saying that for decades. Why has Alberta or Canada failed to build more refineries and refine and sell gasoline at market prices. Partly it is the previous corrupt politicians who worked with lobbyists to make sure that does not happen and US gets cheap oil to refine and sell back to us at market rates and the world. How stupid are we and we are waking up now since the threat of tariffs are on our doorsteps. Why could we not diversify energy from just one customer ages ago. In fact other commodities' that are traded with the US should also be looked at - Soft Wood lumber, Uranium, Beef, Potash etc.
Mulroney!
Oil / Gas companies have determined that it's cheaper to refine crude oil in the US and then ship the distilled product back to Canada. Simple economies of scale.
Because of people like my woke cousins on Vancouver island…
Why can’t we refine it, help with the cost of building it and sell that to the US northern States and Asia. No resources should leave this country in its raw state.
because big coperations don't want to deal with strike
Guess what folks that is why Trump is making such a fuss of Canada becoming part of the States. We have resources up the ying yang and the Americans want them at no cost to themselves.
He’s been trolling twinkle socks so we’d wake up and see him for who he is .
Still doesn't make any strategic sense. If Canada became part of the States, the oil would still have to travel the same distances. The only difference would be that Canadian oil industry workers would now have to be paid in US dollars instead of the smaller Canadian dollar and there might no longer be an Alberta provincial government, so possibly no more subsidies given locally at a deficit. This would definitely not decrease the price of Canadian oil for Americans.
I think Trump is looking forward to negotiations with an adult.
China has infiltrated Our Parliament, Our Federal and Provincial Elections, and owns Politicians. The US can not afford to have China as a neighbour. We are the second largest country onn the planet with a population smaller than California. We are an extremely rich country with poor people struggling to heat their homes and put food on the table. The depth of which China has dug into our country is just starting to be recognized, because it has been highly suppressed for almost a decade.
The US also has mass resources. If we can buy them cheaper from other places, why use ours up?
As an American, I'm fine with this, because a country's leader should look to their own country's best interests. Let the negotiations begin.
The problem is... it is all a Trump smoke screen. He is grabbing headlines to gaslight you.... 'Look over here!'. He has no idea how to lower pricing. How to lower interest rates (today the stock markets fell because rates will go up this year). How to create employment. But he sure knows how to give tax cuts to the uber rich! By the billions! The Bill is already drafted. Do you think these Billionaires will share it with you by giving you higher salaries? And look over here! There is a woke thing going on over here! How much more food will that put on your plate? Start paying attention. You will see that this is all just a episode of The Apprentice.
I agreed. And I don’t believe Canada did the US any favor regardless what they’re saying.
@Pencil-o1p They wouldn't lower their prices if they didn't need our refineries, but Pierre is talking the toughest talk he can from a position of negotiating weakness. It won't do much with Trump, but I respect it.
@@InsatiableMonkey Even if Canada built their own refineries, their oil and gas is irrelevant really. While they do sell us more than any other single country does, Imported energy from Canada still makes up approx 1% of all energy the US consumes.
same. i don't think most non-Americans realize we won't get mad at ya for looking out for your own self interests. what i don't get is why non-Americans get so mad when America tries to do the same.
Why didn't you do this when you were in government for 10 years PP?
Canada could be the richest country in the world if they make right things
Please keep telling people this. When I try to say this RUclips shadow bans it.
If Alberta stop giving away trillions of dollars to those multinational, petrochemical companies and institute a sales tax just think how rich this country would be
@@scavuman PrudeToob has been pulling a lot of that clown behavior lately.
With right leaders
Lol no
BUILD MORE CANADIAN REFINERIES. We should be paying 20 cents per litre IN CANADA!!!!
😂😂😂😂 good luck on that. 20 cents isn't even possible
What will happen is the Americans will get the 20-cent gas and you guys will be shut off.
@@BiggyJMac its that cheap in south america isnt it?
@litonyayo1666 Probably the exchange rate if it is and they probably drill in their homeland. However if you think North America is going to let something as crucial as gasoline go for that cheap... you have lost it. They want to squeeze every last cent out of us that they can
@@litonyayo1666 I guess I'm in yt jail
I’m in Calgary. It’s time that a leader talks about oil and gas. We have the resources to make Canada stable and wealthy but instead, even Quebec buys dirty oil from those countries that are less than desirable. We need pipelines and refineries to make Canada stronger and independent.Instead our policies have made us weak.
quebec receives one ship of crude from saudi arabia per week. it's sickening what liberals have done.
@@nickyalousakis3851 ironic that Canada under the liberal party is buying oil from Saudi Arabia since they don’t exactly align with liberal values
@@nickyalousakis3851 this was going on long before our current government.
@@nickyalousakis3851 It's because Montreal Mayor Denis Coderre and 81 other Quebec municipalities refused to allow the Energy East pipeline to be built from Alberta to bring oil to Quebec and too Canada's largest oil refinery at Saint John, New Brunswick who also import Saudi oil. It is Quebecer's who sold out Canada in favour of Saudi oil.
If you do that the social system they built will fall. The center of power will move West. They can't have that! Thanks Trump as he is forcing Canada to have hard conversations we otherwise are ruled by the French and British.
Pierre Trudeau made these arguments over 40 years ago in regards to Western Canadas oil and gas industry. The solution was to Nationalise the industry and give back to Canadians while banking more of the profits for our treasury.
Diversify Canada! Let's trade our goods to other countries other than the US.
Yes I agree but the US should ban All trade with Canada.
You are literally crazy. Bot
Dumb bot
You're gonna have to
Transport is not free.
Imagine if we nationalized oil like Norway. The Sovereign Wealth Fund is worth 325,000 per Norway citizen and its interest pays for all sorts of public programs, including green investments. And we produce significantly more oil than Norway. The tragedy is that we actually had this, but the conservatives working on behalf of oil lobbyists chipped away at before finally selling off Petro Canada to private interest under Brian Mulroney.
You're proposing NEP 2.0
Mulroney was the worst PM Canada ever had...until Trudeau.
You actually have oil nationalization.
Currently, Alberta subsidizes the rest of Canada at $80,000 per head counting down to the last housewife and baby in the crib.
It is regarded as the largest transfer of wealth from the young to the aged in all of human history. Literally opposite of the social contract found in all of history.
Did he also pass the no. acc rackets which takes place in all big real real estate transactions that masks ownership ? lol XYZ123cos. ...
Imagine if we nationalized oil like Venezuela....
Yes but we should be processing the stuff ourselves not sending the raw stuff to the US & buying it back!
Most of the gas sold in Canada is refined in Canada. The Lower mainland and Vancouver island are the exception.
Husky has refineries in the U.S
Be careful what you wish for, it's been a favor for Canada, we have many options
Yup it's time to look at other markets and free ourselves from our Neighbour! @mostlyshorts7462
As an American, I had no idea that this was happening (and I think that I stay pretty informed) and if you guys are getting ripped off, charge us full price! You deserve full price for your goods as much as we deserve full price for ours. Let’s see how things shake out, will make it work. Honestly, America also has enough natural resources to be a net exporter of oil and gas, as we were right at the end of 2020 - I will never forget when oil futures literally went to zero because there was such a high potential for oil exports.
I agree. Trump pretends like him and all his followers are victims. Over half of the US f'ed around, it's time for them to find out! I know I'll be paying higher gas prices too, but it's time to reduce oil dependence anyway. FAFO MAGATS
As an American, you don't know what you're talking about. Canada is NOT getting ripped off. Canadian oil is one of the heaviest in the world and there are about two countries which have refineries that can process them (the other being China), at scale anyways. On top of that Canada has this habit of dropping stones on its own feet. Their own shocking objection to Keystone XL (which already limited their export options), their OWN cancellation of trans-mountain pipelines to its west coast to export Asia or abysmal railway infrastructure to the east for even potential (though more expensive) export to Europe severely limits who they can sell. The cost of refining and transporting oil and gas is part of the price and put simply, Canadian oil is a heavy buyer's market and will do so for the foreseeable future.
@ I think you’re missing what I’m saying. I’m not saying “charge us the full price of the best quality oil in the world,“ I’m saying there’s no need for Canada to give us discounts beyond market value. If they’re oil is only worth five dollars a barrel, then there’s no need to discount it to us for four dollars a barrel. Put it out for five bucks a barrel on the open market and see what happens. I know the oil is garbage, otherwise, everyone would be using it as an alternative to American oil.
@@peachykeen7634 Where do you get the idea that Canada is giving a discount to the US for its oil? There's only one country that "demands" Canadian oil. There is one arms-length transaction for Canadian oil and that is the price. The rest, like this "giving a discount" is fluff. That is pretending there is arbitrage opportunity and nobody take advantage of it, which hasn't happened, ever.
all the new us oil the fracked shale oil is light sweet crude. most of the refineries are set up for intermediate sour crude. it's not an easy or quick switch. billions of dollars and up to 10 years . in the meantime the light sweet sells at a premium and the canadian crude is cheaper. so us makes a double profit selling the fracked oil and importing the canadian cheap stuff.
Sell it to us instead of US. Dont be stupid.
Greetings from Denmark.
the EU has already asked canada to send energy. our liberal prime minister refused to do so. with a new PM i'm sure canada will sell to new markets including the EU
@@nickyalousakis3851if you think PP will deal with the EU over trump and musk then you are fooling yourself. Read the room.
@@Ongogablogianobjective -- i find left leaning comments always void of specifics. there is nothing of substance to your comment. deal with the EU over trump? what does mean? the EU called out canada to send energy to europe. liberals said - no. in your mind why don't you read the room for me or anyone reading your comment... bc i have no clue what you're saying unless you get specific.
We will send some polar bear to help you protect Greenland :)
I hope we do! Let's send it to the European countries who want it and move away from being dependent on the states 🤮
Let’s build ! We can grow Canada into something more than it is today instead of being less than what we can be ! Canada 🇨🇦
Canada's tar sands are some of the dirtiest oil in the world. Literally the last oil reserves that should be harvested while we move to a much much lower fossil fuel future. The fact that we profit off significantly contributing to the climate change disaster doesn't make it right. How many cities/forests need to burn, be choked by smoke, be flooded, before people realize the cost of continuing to refine tar sands is TOO HIGH!
Just wait a year, we might get lucky and have blue states join Canada. then we'd be the most powerful and largest nation on earth with everything we need to be independent, saying that i think we should join the EU and convince Greenland and England to join too.
Outside of manufacturing, western Canada has absolutely everything a country could possibly be blessed with. How it's hard for people to live is insane. The mismanagement is astounding beyond belief.
We could have easily have been completely energy independent and a far wealthier nation by now. Liberals, and previous Conservative governments as well, have been screwing Canadians six ways to Sunday for decades. It stops now! Our natural resources belong to the people of Canada!
@@jasondashney Yup. We have the most abundant natural resources of any nation on earth by a wide margin. Logically speaking we should be more powerful than the USA. We just keep fumbling the bag HARD. It's time to build. We could become an economic powerhouse if we built the means to refine and ship out our resources globally and stop selling to the States for pennies on the dollar! Enough subsidizing the American economy; let's improve ours!
Let’s take the price up if the US imposes tariffs.
Price should go up regardless
If they impose a 25% tariff on our imported goods, raise the price of our goods by 50%>
@@2jYeti 🤣
Go ahead and cripple your economy even more 😂 were your largest trade partner and you don’t have the means to get it elsewhere hahahaha
@@shadow6543 the entire rest of the world:
This is the first real policy I've heard from Pierre other than getting rid of the carbon tax, and it's great.
So you also noticed that Pierre is low on ideas. But bigger on filming videos eating an apple.
@@Billyhawk007 lol...I loved that video, Pierre knows how to handle biased journalism.
@@Billyhawk007 You sound a bit wacko!
Albertans have been selling Canada south to Texas for years. Polievre knows this.
BC has been harbouring foreign agents and laundering CCP money for decades.
YOU DONT HAVE A CLUE USA HAVE HAD THE LEASES IN THE 30S
We produce more oil south of the 45 🤷♂️
Texas was independent country now under usa occupation. Texas should merge with canada
@@Shrav-sj2cv What? You do realize that those Texans were Americans first?
Careful what you wish for Trump. You said you didn't really know who Pierre was. You'll find out soon enough. Why are we sending our oil to the refineries like the one in Superior Wisconsin? Let's build our own.
Poilievre is more dangerous than Trump. He believes in making Canada great again, has some similar conservative views like Trump but actually intelligent
This makes too much sense, which is why the liberals blocked this idea for 9 years.
Pierre has to be careful a huge portion of his base are maga clowns
You need the USA more than it needs you
we have refineries in canada, but liberals have limited production
This is a very simplistic take on a complex economy.
Wow, only if our government would have thought of this years ago.
If only the AB conservatives would have thought of this decades ago.
@@johnwilsonb5531the conservative have been happy to have Canadian oil 70% owned by international companies. Nothing Canadian about our oil
They did. That is the reason the current Liberal government funded building the Trans-mountain pipeline when industry decided it was cheaper to ship to the US.
It has been successive conservative governments in Alberta that have set the price and royalties on the oil they sell to the US.
Nope. Alberta does get a royalty as they should. The oil is on their land. But selling prices are set by the oil companies during the bid processes. It really is that simple.
Well duh, it's their oil, and when it comes to the US, their only concern is how much they have to cut the price down to compete with American shale. The fact that the oil is shipped by rail necessitates a further cut, because shipping oil by rail is way more expensive than shipping oil by pipeline.
@@shortsweettoo and the handouts reverse that. not to mention they don't pay for cleanups which will cost us 10s of billions.
Absolutely on point. Mine, Build, Refine! Bring it home.
Oil by itself is pretty much useless until it's refined. Why would I buy oil at a market rate when the supplier doesn't have the capability to process it. I'm in an advantageous position. The Canadian government restricted Canada's refining capability. Fix that and the price will go up.
I agree, Canada is famous for the "massive quantity, low quality oil sands" it isn't sweet light crude.
Nope..not that simple..
Not really correct. The production price in Canada is already higher than the production price in the United States.
So Canada adding refining capacity at many billions of dollars per development to refine what is already oil far more expensive than in the United States, which happens to be one of the major exporters now (the United States, that is, exporting around the world)
then Canada raising prices just encourages the United States to consume more of its own production, produce more, and retool its refineries to use its own production rather than refining Canadian oil.
Wow move on without the Americans finally a politician makes sense!!!
They won't have any choice after Trump cripples their economy😂😂😂 After America starts drill baby drill, we won't need Canada 😂😂😂
@@Alex-Trejo I'm hoping the blue states leave the US and join Canada. they've been talking about it since his first term.
@@TheInsaneupsdriver States can't legally leave the United States.
@@TheInsaneupsdriver (previous comment got removed)
It's illegal for States to leave, so your hope will go nowhere.
@Rocksteady-g4w and? You can't win everything.
North America is weird, everyone’s competing to beat, copy and replace us and we’re arguing about whether we should scratch our own backs
Competing is how you get a head neather country has a even basic average deal. Both co7ntrys Competing cause innovation an improvements
So much for Donnie's claim that the US is subsidizing Canada.
We should put 100 percent tariff on oil and gas to US
@@vivienallen5513 Tariffs are put on goods coming into a country not exported
Indeed. This is how Trump thinks: He buys a potato from us for $5. We buy a carrot from him for $1. He is therefore OUT $4!!! And as a result, he deserves to own our carrot farm, it's only fair. The man is not getting sound financial advice and it clearly shows. He is confusing a trade imbalance with a loss, and as long as he eats the potato, there is no loss in this arrangement.
You are right, then we should double or triple our price to US.
@MichiganJFroggg Trump declared 6 bankruptcies and 10 failed businesses
Wait, but that means we Americans will not get $1.89 gas on Jan 20th like our new leader promised. Does this mean he has been lying to us all along... gasp!.
Back to school.
I mean for grown ups.
Don’t live on milk for the rest of your life.
Start eating solid food.
Then you’ll begin to understand.
The only time gas was that cheap during Dt term wasn’t even because of him but the global demand for oil tanked severely due to no one traveling or driving That’s what brought the price down. And I don’t even think that would work now because oil companies will just keep their prices artificially high.
Absolutely 💯 correct
No it’s not! Do you just believe anything that comes out of his mouth?
@@Adrian-nw7iki don’t really care for most things that he says but this is very much common knowledge. We have heavy crude oil that isn’t worth very much and has few other markets, so Americans buy it at a discount and sell their light crude which has a higher value.
In Europe, 71 out of 96 of their refineries can process our heavy crude
HE and Harper are the reason those agreements are in place!!! He's a sellout and a hypocrite!!
Build it here, Refine it here, Manufacture it here.
Sell it to the world.
Canadian Oil is very 'thick' and as a result it does not command the same value at say WTI Crude. Alberta oil is harder to refine and only specialized refineries can take it on. Hence why it's priced lower.
Most Countries don't want our Dirty oil, thats why the Saudi's are so wealthy
He didnt just say oil. We have over a trillion cubic meters of natural gas.
@@rogerrabbit8756 Nat Gas is tricky though - in recent months there was a bit of over production and storage capacity was maxed out. Then what makes Nat Gas markets is the pipeline planning between buyers/sellers etc. So it's actually a bunch of factors why Canadian Nat Gas is a bit under-priced. But ultimately it's the market that decides, not the government.
@@Bryan-dn1nx Canadian oil is actually in high demand. You guys have no clue.
Refineries are screaming for heavy oil from Alberta. Fck, where do you people get your information ?
Exactly..... they complain when their gas get to $1.50 gallon while here in Canada were paying over $2 a liter or $8 a gallon FFS
Time to build a mega refinery on the border between Alberta and Saskatchewan, produce value added products to sell globally and provide energy to Canadians and Canadian companies so they can be more competitive. That would also attract global investors
We also need pipelines to water to sell to other markets.
LOL. Best location would be just above the US border. We can temporarily hold the exhaust until there is a north wind... 😀
Canada's tar sands are some of the dirtiest oil in the world. Literally the last oil reserves that should be harvested while we move to a much much lower fossil fuel future. The fact that we profit off significantly contributing to the climate change disaster doesn't make it right. How many cities/forests need to burn, be choked by smoke, be flooded, before people realize the cost of continuing to refine tar sands is TOO HIGH!
You usually refine oil close to the market where it is consumed. There is a refinery in Regina, a number of Edmonton and those supply AB/SK/MB. There are refineries in Ontario and Montreal that get most of their oil from Alberta (shipped trough the US). BC is a bit weird. There is a small refinery in Burnaby and another in Price George. Trans-mountain also has capability to have some refined product form Edmonton shipped to Vancouver. A fair bit of the gas in BC is refined in Washington state (using oil from Alberta).
You guys are landlocked, we had an oil spill here in Vancouver and never again. We can't risk the beautiful BC to get destroyed and it's whole eco system just for the other provinces to benefit more out of it. This is where we live and play , BC cannot afford to have anymore of such incident much more a worse one. Bring it over the atlantic and ask the east coast if they feel like having these massive pipelines themselves. Trudeau listened to BC that's why we voted him among other thing like having a coast guard and oil spill contingency crews in our inlet .
A few years ago the Irving Refinery in Saint John NB did a $1B upgrade to allow them the capability to refine GASOLINE (not crude oil, mind you) they buy in ocean going tankers from Venezuela and after cleaning it up, it ends up in filling stations all around Eastern Canada and North-Eastern United States. Just a fact for you.
Why is Irving one of the biggest liberal Donors ?
Line 5 pipeline......Alberta oil.........where you aware.......
Its about time we refined our own energy
too late. EV adaptation is killing oil, by the time we got it up and running it would collapse. saying that we are the third largest supply of lithium on earth....
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Canada has been doing this forever. I should say Alberta.
Exactly
It was Trudeau the first that imposed that price on Alberta and the Liberals have been blocking attempts to get it increased since that time Documented and not Alberta"s fault
when alberta has been clipped in how it sends it's energy by radical liberals... you have to rely on one customer. alberta has been mumbling about a pipeline not just to the usa, but to eastern canada.... which liberals bought and then intentionally mothballed, as well as west to vancouver. currently it's limited in capacity to train movement only. logistical capacity was clipped. further liberals forbase sending energy to europe despite the EU asking for canadian engergy.
@nickyalousakis3851 Also worked on pipe lines going south.
I wonder WHO owns what the Alaska highway through Alberta to Alaska WHO payed the bill.
I said this 40 years ago. And the government don't lessen .
Run for office instead on being a keyboard warrior
sort of Harper and PP made these deals themselves
That's like buying a car, souping it up, and then having the car dealer say, "You ripped us off!"
It's not, and you should think about why for a while...
@EnjoyaSnickers Refine the oil yourself and sell it for a higher price then. 🙂 Otherwise, we're the ones paying to soup it up.
@ The US doesn't have any say on whether Canada builds its own refineries. That's why your analogy is wrong. If Canada invested into its own refineries there would be no reason for the US to be involved whatsoever.
I’m an American and I am more than good with this. But in return American should start looking after itself also!!! Fair is Fair!
We can both benefit by selling to one another without the threats of tariffs and retaliation
Canada has the most uranium too.
Nope, Australia has the most, and the cheapest to extract.
Australia has 3x as much
And... It doesn't matter.
Uranium is one of the most plentiful substances on the planet.
The US is giant uranium mines throughout Wyoming.
Uranium is so plentiful in Colorado where I come from that you cannot dig a basement without installing special fans to suck the radioactive gas (Radon) out of the air in your basement.
US gets most of the Uranium from Canada too.
@ Expect that to change to Australia sometime after next week.
We should be getting discounts on gas . ⛽️ we are suffering. There should be less tax on gas
🎯👌
Exactly
Canadians are being gouged to death with a lot of our own products.
Canada has an export economy. Tariffs hurt the USA way more than us. Correct.
NOPE Exports have tariffs but on them by the country, USA, importing them
Let the Americans enjoy their high prices after tariffs kick in. Donald duck still doesn't know how tariffs work.
@@2jYeti You don't get it, do you? The U.S. doesn't need ANY petroleum products from Canada or anywhere else. The U.S. can be completely self-reliant again when it chooses to be. Drilling and refining can be started back up at a moments notice.
In the meantime...the U.S. should cut off any/all military protection it provides to Canada...as it has done free of charge for the better part of a century. Think Canadian taxes are high now? Wait until Canada has to stop being a parasite and actually spend money on a military. Canada is, and has been since its inception, delinquent on its NATO bill. Time to keep your promises and pay your own way, Canada. Good luck with that.
@@2jYeti it sounds like you don’t know how Tariffs work!
@@2jYetiCanadian economy would shrink 15% overnight according to calculations by the University of Alberta. That's absolutely unprecedented in Canadian history. The country would most likely tumble into chaos and face bankruptcy.
Pipe it out to the east coast and build the infrastructure up interprovincially to sell it to Europe that are cutt off from ruzzian oil gas and LNG
Europe has closer and cheaper suppliers than us mainly the entire Middle East.
@@oldmanlearningguitar446 Yes, but with the Russian embargo, there is les supply. Might actually work!
China and Europe are reducing their oil demand. Building infrastructure to service a shrinking market is a bad idea.
Quebec would never agree to it being piped through their province , even though they get to enjoy the transfer payments as a "have not province" paid mostly by Alberta
The East coast is so corrupt , they want to buy foreign Oil rather than us Canadian oil from ALBERTA
Agree, get us Canadians independent.
Do your homework! They are NOT Canadian Companies, try American Companies selling oil and gas that THEY mined in Canada to American Companies.
National gas now pls. We are not forced to sell. They just bring it to their HQ in US at the bigger plant
That will be changing soon if Trump gets his Tariff way. Those corporations will have to pull out.
@@jeanbaptist6255 do what Iceland did, nationalize and tax it at 70% then eliminate taxes. but i wouldn't stop there, i'd go after all non renewable resource extraction, mining. DeBeers diamond mine in northern Ontario got a massively sweat deal from Harper only paying us 25 cents per million dollars of diamonds they pull out of the ground.
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finally! they have liquidated almost all the refineries in BC, except for one!!
Have You been to Vancouver recently? Most vehicles are electric now. Who needs refineries anymore? We should built battery factories instead. Even oil rich Norway is going full electric now. The profits of Canadian oil are going to American oil companies, Canadians don't get much out of it. We should cancel that bad deal!
@@Bernd-m2o bc is capable to cover only 25% of its fuel needs. rest is coming from US
Canada needs to get its act together!
I've been complaining about this for years. Development of other markets should be the major priority. Would you base a business on one customer? Nothing should leave this country in raw form whatsoever. Politicians of all stripes have been selling us out for generations. Much too busy lining their pockets. Has anyone met a politician who's not well off? Especially after having been in office. Somehow their increase in wealth, while serving, vastly outpaces their wages.
No its because the minute they leave they get paid for everything they know as consultants. Ie you leave as immigration minister you get paid huge bucks to consult for the largest immigration firms literally overnight with no application process or resume required..they call you...all of them.
Time to leave the US to itself 🙏🏽
We would love it. Also, please defend yourselves 😊
From who? America?
You're exactly right America we will stay to ourselves in Canada make sure you defend yourself when it's time for something that pops off the US military will step down from now on how about that and we do so much more for Canada how about everybody we all just shut up and we all work together as one that would be the best thing right help each other out
Yes , cut off the power to the US
@@jon8107 Amerikistan is the only threat. Canada is part of the British Commonwealth. Canada is part of NATO. Amerikistan is owned by China and Japan anyway.
Why does canada sell Usa electricity, cheaper then we the producers pay in canada? We build the power, pay premium price, then sell”excess electric” to new york state at less then half the price we pay. We produce it, we should get the discounted price!!! We built the excess solely to export, and believed the lies we were told, to their benefit, not ours!
The reason we sell hydro so cheap to the Americans is because you can't transport hydro electric over over seas. It's a case of, either we sell it cheaply to the ingrates, or we don't sell it at all.
Canada's bascailly just sell bi product that would go to waste otherwise. They just make a little extra money off the top
@ that is the story they tell you, but, why then produce so much excess electric? It was made to sell cheaply,
@@ifyougrewupinbrightsgrove4840 You should really go read about energy production before asking questions this terribly basic.
The short summary answer is that energy capacity isn't something you flip on and off all that easily unless you're talking about peaker plants-- Generally, a certain grid produces a certain amount of energy per amount of time. And when the utilization is less than that amount, you desperately need some place to send the excess because you cannot just cram it into the ground or even into batteries for the most part. And so you send it to a larger market if one is available.
To do this, you have to convince the other market, generally speaking, not to build out capacity for themselves that they can provide for themselves. Their reliance on you in any way also tends to be something of a problem so you must incent them to take your energy.
In the USA, we've actually had problems with markets as large as California having no place to send the excess output. And if they reduce their output, they simply don't have enough for most of the time. So they have had this nasty habit of sending their excess to other states and causing damage to the grids in the other states, which received such energy when it was not needed.
😂
The oil companies own both sides of the equation.
U.S. here. Canadian businesses need to develop markets that maximize returns to Canadian businesses. Leave the government out of it. Canada does not sell oil and gas to the U.S. Private Canadian businesses sell oil and gas to private U.S. businesses.
Not that simple. Enbridge Canada is a public private partnership. Canada 100% sells oil and gas to the US, and the US buys it. We work together.
Many Canadian mega business are funded by the Crown aka Canada government. Ever heard the words 'Crown Corporations' ? Look it up please and don't sell the phoney American dream of capitalism to us canadians, were not interested in working for peanuts so the 1% get filthy rich.
Look up Power Corp. It's is an electricity corporation owned and funded by the government as a Crown Corporation. And that's only one example. Brafasco steel manufacture is another one. The list goes on and on. Bombardiere, DeHaviland, Petro Canada...
If a corporation is not part of the Crown Corporation it is not going anywhere in the world market.
The fact is that big business owns our governments around the world. They are in control not the other way around.
Bingo
Well stop selling your oil at a massive discount. It's your oil, you set the price. It's not our fault that you sell it to refineries on the cheap.
Following Trump's threats, sell gas at competitive world prices immediately.
The reason Joe biden started the war in Ukraine was to cut off Europe from cheap Russian Energy.
Our European leaders should have stopped this from happening, but they are too weak.
They did exactly what Joe biden (us establishment) said.
Same with canada, you can do nothing against the US.
Canada will do exactly what Trump says.
So you mean sell competitively for less than the United States produces oil and gas domestically, which also happens to be one of the largest exporters of oil in the world now?
And you know that the domestic production prices within the United States are also less than the production price within Canada, right?
Remember who protects you hat , the USA air superiority is why all these countries don’t invest a fraction into military budget.
Indeed. And Trump wants the EU and other American vassals to pay for their own defense. This will weaken american control.
The countries Trump has declared a Cold War with need to start encouraging/rewarding their citizens for pulling investments from Wall Street. It's over 40% foreign owned and the S&P 500 has a very high PE ratio. It's a point of vulnerability tied also to the strength of their dollar.
think about what you just said. 40% foreign owned, mostly governments and large investment companies, who's economies are tied at least in part to the performance of Wall Street and the value of the dollar. that is how you crash your own economies. it's not mom and pop with their 50 shares of microsoft constituting that 40%, if they pulled out en masse no one on Wall Street would even notice. it is government retirement accounts and bonds and bank portfolios tied to it. that is cutting off your nose to spite your face.
back to the drawing board.
@@QwestyDaQwest Yes, think about what you just said. Governments can be the first to sell. You don't invest in your enemy. US commits crimes non-stop for 70 years and you want governments to do what exactly aside from opposing that?
@@BoreasCastel so, your "good idea" to stick it to the Americans got thoroughly destroyed as counterproductive and ignorant so you are trying to pivot to the "America is responsible for all the worlds evils" defense, eh?
so the country that came to Europe's defense not once, but twice in world wars, then loaned pretty much the entirety of Europe the money they needed to rebuild their shattered economies, including the countries that fought against them (most of which never got paid back) while offering to trade with them at a massive deficit for 70 years AND fund their defense budgets is the "enemy"?
just say you are a bigoted ideologue that has no idea what they are talking about and call it a day, bud.
The United States is why Europe has separate independent nations rather than Germanized or Russified subject populations that were starved to death by the millions for the sake of internal harmony and achieving obeisance. 😂
Oil, oil, oil, oil, more oil , more polution. Money, money, money.
tariff oil and gas as it leaves canada
you can't , tariffs only works at the receiving end. or did you mean the usa should tariff canada oil ?
that what trump wants... but i highly doubt he will do that to energy.
@@subspace666double the selling price
Tariffs only work on imports genius. Do people not know how tariffs work?
We export tax stuff that goes out, tariff stuff that comes in.
Exactly!! Never left ! Ever ever again!!
Which party was it that made this arrangement in the first place? I'll give you a hint it starts with a C, and is currently lead by the man in the video.
I have been saying this my whole life! Why did we shut down the refineries in alberta and around the country? It was the dumbest thing we ever did!
Liberals are trying to make fossil fuels a thing of the past, why do you think they are pushing electric cars
it was uneconomical to upgrade them to meet environmental legislation. Some were too old to be able to upgrade.
Here in France I am sure everybody would love to buy energy from Canada, right now the choices are USA, Russia and Algeria, none of those choices being particularly happy for different reasons.
Russia and Algeria makes much more sense, but since France diplomacy under Macron is utter nonsense, you prefer to side with Morroco and USA. Genius diplomatic moves right there
Yes, nobody has ever said it to Americans before! Love you for that!
Smarta**
I am not a big fan of PP tbh, but I 1000% agree with this!! We need an INDEPENDENT Canada!!! TRUE, NORTH, STRONG!!!
Great. Then how about the Conservatives, after selling Petro Canada, buy it back so we can do everything everyone here wants us to do? Otherwise, this is all just wishful thinking quite frankly. We don't own any of it!
Canaduh is owned by the common wealth
@@knightstar1312 No. 42 years ago PM Pierre Trudeau and the Queen signed the first Canadian Constitution. Duh!
We should have been doing this before.
Canada isnt offering America 'cheap oil" because they are being good neighbors. The location of, and quality of, Canadia Oil is mostly not very good in both location and quality.
America is mostly the only place they CAN sell it at a profit.
Canada will be renamed North USA, Poilievre will make a fine Governor.
So double the price. Time to fight.
Yes and the US should just ban all trade to Canada, Lets fight.
double the price and get none of the money. America doesn't have to buy Canadian oil and gas, but Canada doesn't have any other options to sell it.
bro we don't need to buy your stuff, America is able to be energy independent and we were under trump than biden went and ruined it for us
Become independent from America should be the goal of all western countries. No one should live with threats
Maybe your country should start contributing to the agreed upon NATO defense budget. But you don't. A vast majority of NATO countries rely on U.S. funding. Your independence would come at a price. A price you cannot afford....
I thought Canada is an independent country.
A lot people accuse him of being pro Trump. Turns out it's not. He's pro Canada.
Canada only has 30 million people and relies on the US entirely. Then acts like it isn’t just a another state of the US 🤣
Canada had 30 million in 1997
A bit more then that but agreed. I'm under no illusions, we wouldn't exist without you guys, you would exist without us. Our military is probably around 30,000 combat troops... we're literally the 5' 100lb chick running her mouth off to the 6'3 250lb dude about how she's strong and independent.
Have fun without 60% of the oil you use being cut off.
Correction: 40 million.
And Yes, Americans love Canada.
Fricking nothing we can do about it actually.
Agreed…
Election Now
Canada's oil industry would cease to exist without US demand for our oil. The Asian investors that own 70% of Canadian oil companies need those profits to enable cheap oil to int'l markets via tidewater. Alberta is a profit center for investors.
Canada should be a superpower as well.The second biggest country in the world and a massive amount of resources.
Canada, the second largest country in the world in AREA. Most of which is inhabitable.
@tinacampbell8539 Even without including the Northwest Territories, Nunavut, and parts of northern Quebec that are less inhabitable, Canada is still larger in landmass than the United States.
@@guitartrainerio That alone isn’t going to make Canada a superpower is what I meant.
All we need is another 100 or 200 million more people.
@ Eeeeks and where would they live
Here is the problem ..
USA is 60 trillion debt because it waged wars since 20 years in Iraq, Afghanistan, overthrowing governments of Libya, Syria, etc Also backing Israel military and aid in billions ..Now its 60 trillion in debt and the dollar is about to collapse .
Canada exports oil, lumber, aluminum etc etc to USA and subsidized rates. And Canadian economy depends on USA businesses purchasing its goods and services.
The problem is if the 60 trillion dollar debt collapses the US Dollar and if the US dollar collapses this will directly effect canada economy exports anyway..
What USA president Donald trump wants is to share the 60 trillion debt with canada, Greenland, Panama .. to help the US dollar survive by joining Canada with usa 🇺🇸.,
If your dollar crashes, our dollar goes up. We don't need USD. And we certainly don't need your astronomical debt that you've built trying to play world police.
Omg you people are insane.
LOL the USD has been appreciating against every other currency in the world for 3 straight years (2021 to 2024). You're so ignorant it's quite sad. Every other currency will first collapse before it's the USD's turn. You think the US has the most debt-to-GDP ratio? Try Greece, Japan and China.
Canada participated in the 20 year long occupation of Afghanistan.
Its your useless war debt, keep it out of canada
Alberta is land locked and unfortunately BC is the California of Canada
Trans Canada pipeline is open through BC and selling to Asian markets. Coastal pipeline is open through BC and moving nat gas to LNG facility in BC and selling to Asia. Try to keep up please.
@KiloBravo-r6d who's talking about Asia? I'm talking about America.. Try to keep up
Maybe if you made a point , then he would. So..yeah..try to keep up@@justinp1084
I am American. I like this guy. He is very smart, articulate and seems to be always well prepared. He's also very good at dismantling journalists interviewing him who are obviously not his supporters. Genius.
None of the provinces are "Canada First". There is always that one protester or short sighted, selfish premier that stops any progress, so I don't hold out any hope that any PM will make a difference. This is all blah blah talk I've heard a hundred times. We need a boat load of pipelines from Alberta to both coasts to become independent and get fair value for our energy. Instead of bringing prosperity and financial security to the ENTIRE country so that money can be used to become leaders in green energy and products, the premiers would rather bicker like children to the point it holds back an entire nation so that we are 100% dependent on the US. Now that the US has informed us they could care less about us and want to take us over, everyone is shocked. If you think any PM can fix this, you are fooling yourself. The PM can not force Quebec to have a pipeline and Quebec would rather buy oil from dictators then let another province benefit, therefor any PM we vote in will be useless. Let me hear that the premier of Quebec say that he actually cares about Canada and that he will allow a pipeline in from Alberta, then I can start to believe mr. pee pee.
We don't sell our oil for much cheaper to the USA than Mexico does. Us Canadians get 60% of our imports from the USA. We produce 5 million barrels of oil per day, the US produces 12.8 million. The USA, if our imports were cut off, could sustain themselves without us. We also get 15% of our energy from the USA, especially to our major cities including Toronto. Our own power grid can't support our own cities like Toronto during peak times in Winter and Summer. New York's power is crucial to Toronto.
We are a hell of a lot more reliant on the USA than the USA is on us. Our oil is also significantly less quality than what the USA produces.
If Canada "moved" away from it's dependence on the states our economy and domestic supplies would crumble. We are, and always will be, reliant on the USA.
Pollieve's "Axe The Tax" isn't going to solve anything either except slightly reduce bills. Our problem is immigration. Nothing will change with trivially lower taxes. 12.5% of our population in our large cities is Students and Temporary Visa holders, we don't have the housing or infrastructure to sustain this influx of people. Immigration needs to stop and people need to leave.
don't tell idiots the truth
OK, but by all means, please neglect to mention that Canadian in ground oil reserves are orders of magnitude larger than American reserves, the Americans would also be unable to sustain their economy without access to our severely discounted oil. And please also neglect to mention that Ontario, Quebec and BC export electricity and fresh water to the US that they need for their major cities. Oh wait, I see you already did. Good thing I remembered to mention it so your point would have the context you would rather it not have so you could attempt to sell a lie.
With the fire they have, they will need alot of lumber from canada.
Not really.
Yeah no lol
@@that207guy7 how do people on the internet get away with one word answers lacking any substantial argument without feeling like children.
@@stoneneils sorry for hurting your feelings with my 1 word answer.
@@that207guy7 Could you try zero word answers instead from now on? Thanks bud.
Why not!,..
This has been needed for many years..
Canada should charge the US triple.
They cant
@OmarOsman98 Why not?
I would shut off the power to the US too
Need to teach tRump to not threaten Canada.
@OmarOsman98 The second tRump was sworn in I would cut the power.
@@yelleryoung5870 they can't because America doesn't need their oil or gas, we have enough of our own to be independent of Canada
@@bigbird4481 LOL no you don't! we supply 60% of your oil and enough power to blackout half the US if we shut it off. don't lie.
While I am MAGA and a die-hard Trump supporter, I would need to see why exactly Trump says Canada is doing unfair trade before I would support tariffs on Canada. There may be another underlying reason.
Because the US with its population that is 10X the size of Canada's buys more from us than our population of 40M does from you. The fact is that its not possible for us to buy enough to match US imports from Canada. Also the numbers he is quoting are raw goods. Canada primarily buys services, software and other things from the US that are not counted. The only leg he has to stand on is our sub par military spending.
I mean it's obvious, it's not a discount when Canadians get free protection.
@ If that's the case then I would oppose any tariffs on Canada.
@ They do need to live up to their 2% military spending.
@@The1stDukeDroklar the defense spending is climbing. The issue is political and politicians getting in the way of Canadian military procurement. Expect big changes after the next election, whether it's in October as scheduled or earlier. Trudeau overstayed his welcome and the numbers show Canadian voters are angry and want change. We give the US preferential treatment and deals already as compensation for our shortfalls.
Sell to your cousins...us Australians.
our current liberal govt will not permit that. the EU already asked for canadian energy. our liberal pm said no.
Its hard to sell anything to you guys as you're so far away
Send to EU, Japan, Korea, Brazil, Argentina, India and all other allies. Everyone country is eager to our oil, gas, ore and coal.
What about 🇺🇸😢 ? @@robinm4403
What about us 🇺🇸😢 ? @@robinm4403
it’s too late because everything has been signed
Let America pay the proper price
🎯👌
Corporate would not have their record breaking profits if they lowered prices. That’s why they were so high to begin with for four years. They just got the orange light to do what they want and cut corners and gouge all they want because of it crashes they’ll be bailed out by Dt and they’ll buy up all the foreclosed homes and businesses at a severe discount. And that’s what he was setting up during his last term and Biden couldn’t fox because reds and companies were blocking constantly
We’re all in trouble. I hope I’m wrong.
Canada dont want smoke with us bruh. Yall need to conform or hold the L.
Y’all need to conform before the freshwater tap gets shut off or before we end the oil gas discount. You’ve been holding the L since 1812 I know it has to be getting heavy. Probably don’t notice it much though with the weight of the last 50 years of blunders
The thing about career politicians is, they're career politicians.
I'll take a career politician over a drama teacher and a journalist any day!
@@j.richard2059 Nice whataboutism. Hate to break it to you, but PP was briefly a journalist. And before that he worked at Telus when he was a teenager. Those are the only jobs he has ever had. He has been a political activist his entire life. He's a creepy populist ideologue with zero original ideas.
I'd rather a career politician than another drama teacher thinking he's a politician because his daddy was
Which tells me that they know a helluva lot more about politics than a drama teacher would. Yeah, I am happy to have a politician doing the politics, just like I am happy to have a brain surgeon doing the brain surgeries.
I agree with you @deesmith6363. PP's greatest accomplishment in his twenty years in politics, has been his ability to draw a steady income off of us taxpayers while coming up with nothing more for us than a stream of bumper-sticker election slogans. PP is a weasel.
It's good to get the conversation started. US doesn't need Canadian oil and gas but it is better to buy from Canada than others. Time make a deal that is good for Americans and Canadians.
Main reason we bought so much from Canada, because they are supposed to be close allies , doesn't seem so anymore
@@mostlyshorts7462 what the hell are you talking about?
@deedrole5296 we don't need Canada, but prefer to do business with Canada because they are supposed to be our allies
All sounds good by Polivere....BUT how would we do it? Doesn't happen over night? Who's paying for it? What company is going to invest? With oil and gas on the way out in 10 years...is this a sound investment? Who's paying? Do you think an American company will build a refinery in Canada under Trump's watch?
Shouldn't we think about investing in other initiatives for future jobs? For Alberta amd Calgary as a whole?
And, Polivere doesn't explain why our oil going is cheaper. Because it is a lower quality oil.
Do your research. Please.
The cost of building a refinery is like 250,000,000 and the exorbitant amount of pollution will really set our beautiful country on fire. What are we leaving our children, our grandchildren and our beautiful land. I guess money and having stuff is more important