Recession just around the corner?

Bernoff

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Was in a Welding supply place a few days ago and they said guys are buying supplies , so maybe......
 

LUCKY 7

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Finning is closing the call center in Edmonton and COE in Red Deer. Approx 230 guys in total
 

DRD

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Low dollar hasn't made manufacturing take off.
Yanks are awash in their own oil and gas.
Us Canucks are sitting around playing pocket pool doing studies and playing nice with the Indians while we sit on product without access to a global market.
It's hard to fathom we started getting serious about LNG around the same time the US was talking about it, the US plant is operational, where's ours?
I don't think I'll see a pipeline in my lifetime for either gas or crude, the natives and special interest will tie it up in court for years.

Hope I'm wrong

Federal government approves liquefied natural gas project on B.C. coast with 190 conditions - Politics - CBC News
 

catalac

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Must be some life coming back into patch, calfrac was advertising job fairs, the module fabrication yard at blackfalds looks full on.
 

cancritter

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Bleeding is not over but this thread is two years old now and we have one year to go. Recovery will be slow. There has been a lot of change, but at least most of it is behind us.


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studys from the 80s recession said it took 12 years to recover...is gona be more than a couple years...
 

Snowdin

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Unless Canada can get rid of the Liberals the patch is never coming back. They have made to many insinuations that they are going to phase out fossil fuels and pave the way for wind and solar power. Sad it is :(

Plus. If the Democrats win on Monday we are REALLY fooked.
 
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800HMX

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Oil and gas is the biggest part of the Canadian economy and a significant contributor to the US. It will be back. There is no practical energy replacement for the near or distant future.


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800HMX

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Wait until our electrical bills go up 20% in January and another 30% next year due to the carbon tax. People will start to get it.


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DRD

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Oil and gas is the biggest part of the Canadian economy and a significant contributor to the US. It will be back. There is no practical energy replacement for the near or distant future.


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It'll be back, just not like it was. A replacement doesn't have to be practical or economical to replace O&G as long as there is retards in federally and provincially that are willing to spend tax dollars to support it.

Time to cash out and open a bait and beer shop in Thailand.
 

fredw

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Oil and and gas less than have a century ago was non existent and people still lived and raised family's so I don't thing it's the biggest economy, comming from the ag side I would have to say we are not far off, but yes oil and gas have a big part in it..

countrys hurting, but still managing


It'll be back, just not like it was. A replacement doesn't have to be practical or economical to replace O&G as long as there is retards in federally and provincially that are willing to spend tax dollars to support it.

Time to cash out and open a bait and beer shop in Thailand.
 

Mayfly

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My money is on starting up a Halal meat shop...should be profitable with our new citizens.
 

Caper11

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Oil and and gas less than have a century ago was non existent and people still lived and raised family's so I don't thing it's the biggest economy, comming from the ag side I would have to say we are not far off, but yes oil and gas have a big part in it..

countrys hurting, but still managing

Your history is a bit off, first discovery in Canada is in the 1850's and its well over 100 years in Alberta.
I'm pretty sure with these discoveries back than people's way of living improved for more and more with the increased opportunities.


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DaveB

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Oil and and gas less than have a century ago was non existent and people still lived and raised family's so I don't thing it's the biggest economy, comming from the ag side I would have to say we are not far off, but yes oil and gas have a big part in it..

countrys hurting, but still managing
How many bushels per month to heat a house Freddo? Without O&G nobody lives north of Arizona. Ya, less than a century ago people survived...but there isn't the trees to keep everyone alive now.....
 
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JMCX

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I thought it was Petrolia, ON.

There's too many people to ever go back to old ways.
 

S.W.A.T.

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How many bushels per month to heat a house Freddo? Without O&G nobody lives north of Arizona. Ya, less than a century ago people survived...but there isn't the trees to keep everyone alive now.....

Plenty of trees, but I think if we are going that route we should stop protecting the stupid and let nature take its course in some aspects of life, i.e. if your walking down the train tracks and you get hit by a train because you have ear phones in no one should be allowed to give you CPR.
 
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