Mike's Daily Comment

US Oil Production Hits Record – but not Canada’s

The goal of US environmental groups was to cap Alberta oil sands production – mission accomplished but what about the US. The US is now the largest producer in the world. If Texas was a country it would be 3rd biggest. And they have seven new pipelines coming on board – three this year.

Victoria City Council Looks To Waste Millions

Victoria City Council wants to spend millions suing oil and gas companies for their role in climate change – which they say is 29.4% ….stop laughing.  They have an extra preemo magic measuring stick. Don’t worry they won’t sue dairy and cattle farmers despite the fact that numerous report put their emissions higher than cars.

CBC Admits Massive US Campaign To Landlock Alberta Oil

Canadians – including the CBC – are finally waking up to the fact that tens of millions of dollars originating with the Rockefeller Foundation and other big US environmental groups with the expressed goal of changing our election outcomes, killing all new pipeline proposals and landlocking Alberta oil while costing the economy tens of billions of dollars.

Another Really Bad Policy

Can you imagine is government said no more grain exports – we can only sell bread and buns outside of BC? Last week, BC Premier John Horgan stated, “We are not going to send away unprocessed material to be processed somewhere else.” He was serious. They’re starting with logs. This is a page right out of Donald Trump’s anti-trade playbook.

Real Estate Price Drop was the Goal

What’s different about the drop in Real Estate prices compared to other slowdowns in sectors of the economy is that the Real Estate drop was a desired goal.

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