Economy Donald trump to impose Tariffs feb.1st.

gatchaman said:
Instead, Alberta will continue to sell oil and gas to America at a discount because there is no infrastructure to do otherwise.
www.oilsandsmagazine.com

Differentials Explained: Why Alberta crude sells at a deep discount | Oil Sands Magazine

There are hundreds of crude streams produced around the world, each selling at a different price. Although prices largely rise and fall together, discounts vary due to quality differences, marketability, and delivery costs to the final customer.
www.oilsandsmagazine.com www.oilsandsmagazine.com
Instead, Alberta will have to go through a series of American middlemen just to get oil and gas to Ontario.
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Trump let Trudeau tout this minor win. But Canada would get destroyed in a true trade war.

lol at the Lefties trying to claim this as a defeat for Trump

Forgetting that the US is only customer Canada is able to sell most of their oil to.
 
BFoe said:
Damn.
That’s wonderful! It will make it way easier for me to flee the U.S. than I thought.
<mma4>
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Ya i am always shocked by people with contraband risking a formal border crossing when there are so many ways to not bother with that.

When i was younger i rented a cabin in the Thousands islands bordering ontario Canada and Up State New York. I had a boat and would regular criss cross from the Canadian side to the US side depending on what i wanted to do. Again they had a self reporting station you were supposed to report to when entering the other country but few people did it. There would be hundreds of boats criss crossing and not reporting in the busy summer season.

33758656-0-image-a-3_1603901271608.jpg
 
gatchaman said:
If Canada had its own infrastructure then Canadians wouldn't have to sleep like a mouse next to an elephant.
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Refineries are really fucking expensive and they already exist in the states. Why spend the money when it's not necessary?

You'd be in the same spot you're already in, the geography doesn't change, except you have now you have to build and maintain your own refineries.
 
Scerpi said:








Trump let Trudeau tout this minor win. But Canada would get destroyed in a true trade war.

lol at the Lefties trying to claim this as a defeat for Trump

Forgetting that the US is only customer Canada is able to sell most of their oil to.
Click to expand...

Who is claiming Canada would not lose a trade war with the US?

The only claim i have seen, which is a correct one, is that the US would feel some pain (no where near as much) too.


But the question remains, what is the goal of the trade war? What was Trump hoping to gain in a win?

Canada represents a fraction of 1% of the fentanyl going in to the US so is this trade war justified to try and get it to a fraction of a fraction of one percent?? Would it not make sense just to say Canada 'we need you to get it to a fraction or a fraction of one percent in X days or we will take action', instead of starting with a Trade War, first and never telling Canada why?

Or was this Trump just looking for someone he could bully, to try and look tough, knowing his magats would clap like seals, and since he has too much respect for Xi and Putin and is scared of those who can fight back, he went looking for his bestie neighbor?
 
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ChosenOne said:
Ya i am always shocked by people with contraband risking a formal border crossing when there are so many ways to not bother with that.

When i was younger i rented a cabin in the Thousands islands bordering ontario Canada and Up State New York. I had a boat and would regular criss cross from the Canadian side to the US side depending on what i wanted to do. Again they had a self reporting station you were supposed to report to when entering the other country but few people did it. There would be hundreds of boats criss crossing and not reporting in the busy summer season.

33758656-0-image-a-3_1603901271608.jpg
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don't forget the liberals in Canada also blocked a very much needed LNG refinery. If that had of been built when it was proposed, Canada could have been in a position to bypass the American market, and export directly. As an American, this is good for us, but it was a very bad decision, by their leaders, for Canada.
 
Rational Poster said:
Refineries are really fucking expensive and they already exist in the states. Why spend the money when it's not necessary?

You'd be in the same spot you're already in, the geography doesn't change, except you have now you have to build and maintain your own refineries.
Click to expand...
Refineries already exist in Canada too. For example, there is one New Brunswick that refines Saudi oil.
That refinery could be refining Albertan oil if the Energy East pipeline got built.

If there is a business case for Saudi Arabia to ship oil to New Brunswick then there is a business case to ship Canadian oil the other way across the Atlantic.
 
gatchaman said:
Refineries already exist in Canada too. For example, there is one New Brunswick that refines Saudi oil.
That refinery could be refining Albertan oil if the Energy East pipeline got built.

If there is a business case for Saudi Arabia to ship oil to New Brunswick then there is a business case to ship Canadian oil the other way across the Atlantic.
Click to expand...

This is such a simplistic view of the topic, first of all, the scale is nowhere even close. The US daily refinery capacity is 10x that of Canada. Not to mention the New Brunswick refinery mostly services the US east coast already.

There's also different types of crude which require different processes and therefore different refineries. A refinery that can process Arabian crude isn't necessarily equipped for the type Canada produces. Most of the crude the US produces is light crude, which we can't process easily and mostly export. The US imports Canadian heavy crude which the US has more capacity for. There is a business case for all of it, and it's already been figured out by the professionals in the industry. The logistics routes are what they are because they already make sense.
 
Rational Poster said:
This is such a simplistic view of the topic, first of all, the scale is nowhere even close. The US daily refinery capacity is 10x that of Canada. Not to mention the New Brunswick refinery mostly services the US east coast already.

There's also different types of crude which require different processes and therefore different refineries. A refinery that can process Arabian crude isn't necessarily equipped for the type Canada produces. Most of the crude the US produces is light crude, which we can't process easily and mostly export. The US imports Canadian heavy crude which the US has more capacity for. There is a business case for all of it, and it's already been figured out by the professionals in the industry. The logistics routes are what they are because they already make sense.
Click to expand...
It's amusing to me that you argue that there is no business case for refineries and pipelines in Canada.

I get to watch my various levels of government piss away money every day. Anytime a hockey team asks for a new arena, bang, it gets built.

Let's piss away 60M on a fleet of electric buses, half of which don't work, and the bus company that was supposed to service them bankrupt.
edmontonjournal.com

More than half of Edmonton's $60-million electric bus fleet not roadworthy

Three-quarters of the city’s 60-bus electric fleet is in the garage with poor immediate prospects for parts to fix them.
edmontonjournal.com edmontonjournal.com

Want a drug injection site near a high school and a daycare? Bang, done. Too bad for the people who live there.
www.westernstandard.news

Manitoba PCs accuse NDP of ‘sham consultations’ over Winnipeg illegal drug injection site

Manitoba’s Progressive Conservatives are condemning the NDP government’s community consultation process for a proposed illegal drug supervised consumption site in Winnipeg’s Point Douglas neighbourhood, calling it a “sham” and urging residents to bypass the province to share safety concerns...
www.westernstandard.news www.westernstandard.news

How about tens of thousands of infrastructure projects subsidized for billions of dollars that the feds can't even account for at all?

CERB paid Canadians 110B to sit on their asses during Covid, and there was talk of starting up another CERB to pay people to do the same during a tariff war with the USA.

Unlike the electric buses or climate Barbie's imaginary infrastructure projects, a Northern Gateway pipeline or an Energy East pipeline would actually get used. And the thing is, the people who want to build the pipelines aren't even asking for a handout. There's obviously enough of a business case for these pipelines if people will pay for them out of their own pockets. They just want an end to projects getting regulated to death.
 
Rational Poster said:
Refineries are really fucking expensive and they already exist in the states. Why spend the money when it's not necessary?

You'd be in the same spot you're already in, the geography doesn't change, except you have now you have to build and maintain your own refineries.
Click to expand...
Canada does needs to have refineries. More = Better.

Canada does have also a lot of heavy crude oil.
These sorts anyway needs upgrading before might be easily processed further ....

Also if crude at least is decently upgraded it is easier to sell not only for U.S. Europe, Japan, SK etc.
While some European refineries might easily process heavy crude oil....

Value of oil is API° gravity index, sulfur content ( lesser = better), fractions content, metals content.

Most difficult is to process crude with high vanadium content...or if a lot of cadmium etc.
Sulfur content % too is very important.
Lesser = better.
Very low sulfur content crude does have lesser sulfur than Brent or WTI....not alone to talk about Urals. BTW Urals isn't bad, there are a lot of sorts where really sulfur % is high.
Sulfur % in crude oil offered to sell is from 0,08 till 4.4 %....
Most often from 0,12 till some 3,3 %. This about world market.
 
I wonder how many Oligarchs made money on Trumps Dump and Pump. Market dumps because of Trumps Tariffs, Oligarchs buy cheaper shares and then Trump says no Tariffs and market pumps. Money gets transferred to the Rich Elite once again. Trump hooked up the Oligarchs during Covid, now Trump getting creative to help his fellow billionaires.
 
I think at this point it's still too early for either side to be celebrating any types of victories. The next 30 days will be very telling.
 
What is the end game between Canada and USA? It seems clear that the US looks at Canada the same way it does Greenland, a huge, vast space filled with natural resources and a population that can't exploit it.

If I'm understanding correctly, Trump's whole deal strategy is to apply tons of pressure to start, request something so absurd and hopefully fall just short of that (still being good for him) and to make the opposition as weak as humanly possible.

Considering he's talking about annexation, do you guys think there's a possibility he'll want some sort of union between Canada and the States that'll allow America to really exploit the resources and also to set up shop, defensively,in the arctic?
 
EL CORINTHIAN said:
What is the end game between Canada and USA? It seems clear that the US looks at Canada the same way it does Greenland, a huge, vast space filled with natural resources and a population that can't exploit it.

If I'm understanding correctly, Trump's whole deal strategy is to apply tons of pressure to start, request something so absurd and hopefully fall just short of that (still being good for him) and to make the opposition as weak as humanly possible.

Considering he's talking about annexation, do you guys think there's a possibility he'll want some sort of union between Canada and the States that'll allow America to really exploit the resources and also to set up shop, defensively,in the arctic?
Click to expand...
without a doubt Canada and Greenland are being looked at due to climate change and how their frozen areas, rich with trapped resources are now opening up.

I have said long prior, that it is easy to see a coming conflict as much of the US south continues to suffer increasing drought conditions and becomes desert like, and unliveable,with Arizona type year around heat. This as much of the north of Canada, larger than all the lived in areas of the US, is opening up that is resource rich, fresh water rich and with ideal temperatures.

What happens if all those US citizens have to relocate? Do they simply become Canadians and settle that new frontier, with Canada becoming the US population and GDP leader in N.America? Or does the US find 'reasons' to take over Canada.

That thought experiment is not hyperbole. If the trend towards drought and increasing heat continues this situation and question will become very real.
 
ChosenOne said:
without a doubt Canada and Greenland are being looked at due to climate change and how their frozen areas, rich with trapped resources are now opening up.

I have said long prior, that it is easy to see a coming conflict as much of the US south continues to suffer increasing drought conditions and becomes desert like, and unliveable,with Arizona type year around heat. This as much of the north of Canada, larger than all the lived in areas of the US, is opening up that is resource rich, fresh water rich and with ideal temperatures.

What happens if all those US citizens have to relocate? Do they simply become Canadians and settle that new frontier, with Canada becoming the US population and GDP leader in N.America? Or does the US find 'reasons' to take over Canada.

That thought experiment is not hyperbole. If the trend towards drought and increasing heat continues this situation and question will become very real.
Click to expand...

What also confused me was the lack of military integration between Canada and the US. If Russia has been arming up in the arctic region you'd expect the US to have some bases on our soil to fight back, but appearently the Americans don't have any bases on Canadian soil at all. I might be wrong but that's what the Google searches are telling me. When you consider how many US military bases there are globally, it comes as a shock to think there are none just next door.
This is sort of starting to make sense.

If Canada and America essentially fused, they would guarantee their survival for the foreseeable future.

It pains me to say this but it could actually benefit Canada to form some sort of Union.
 
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