Alberta is chasing away capital by instability, separatism threats and by shutting the door on renewables. More money and assets have left Alberta than have been brought in. But Smith keeps subsidising o and g, running deficits and robbing citizens of our right and services.
Political stability and regulatory clarity matter to investors... that’s true everywhere. When signals are mixed, capital hesitates. The bigger story I watch is whether Canada continues building competitive industries beyond any one province.
The story for Albertans is about being lied to. Highest o and g production since Klein? Why the massive cutbacks in services, wages not tracking to inflation and growing poverty and homelessness and a burgeoning deficit. It's a shell game and the people are getting deliberately lost in the shuffle.Follow the money to Wall Street not the street.
Stelantis bailed out on their battery plant in Windsor, but LG swooped in and bought them out. Better for Canada to have a long term Asian partner than a fly by night American run manufacturer.
Canada and the EU must stay the course and deflect Trump’s threats. The more investment that transfers from the US to other countries, the less leverage that Trump has, which may eventually restore equilibrium in world trade and economics. I only wish I were young enough to move to Canada ❤️🇨🇦❤️
I tend to look at foreign policy through incentives and outcomes rather than personalities.
Countries don’t offer gestures... or gifts... out of admiration. They do it to gain influence, access, or leverage. That’s been true across administrations and across history.
Unfortunately, you are misinformed, the big Northvolt battery factory is no longer being built, the Province of Quebec lost a lot of money in subsidies. Northvolt filed for bankruptcy and dropped the project. You will have to revise your numbers.
You did not mention the big South Korean battery factory that was closed before opening in Georgia when ICE raided the facility and detained all the Koreans who were there to supervise the building and train the employees. Korea walked away, even after apologies from the US Government, no Koreans wanted to return to the USA.
Unfortunately all these projects are a bit of a gamble, the market or political conditions may change and the factories may stop operations.
Recent subscriber and really enjoy fact based information a high school student should be able to understand. You're a keeper.
Agree totally!!
Awesome stuff, Fred.
Loved this.
Alberta is chasing away capital by instability, separatism threats and by shutting the door on renewables. More money and assets have left Alberta than have been brought in. But Smith keeps subsidising o and g, running deficits and robbing citizens of our right and services.
Political stability and regulatory clarity matter to investors... that’s true everywhere. When signals are mixed, capital hesitates. The bigger story I watch is whether Canada continues building competitive industries beyond any one province.
The story for Albertans is about being lied to. Highest o and g production since Klein? Why the massive cutbacks in services, wages not tracking to inflation and growing poverty and homelessness and a burgeoning deficit. It's a shell game and the people are getting deliberately lost in the shuffle.Follow the money to Wall Street not the street.
Stelantis bailed out on their battery plant in Windsor, but LG swooped in and bought them out. Better for Canada to have a long term Asian partner than a fly by night American run manufacturer.
Canada and the EU must stay the course and deflect Trump’s threats. The more investment that transfers from the US to other countries, the less leverage that Trump has, which may eventually restore equilibrium in world trade and economics. I only wish I were young enough to move to Canada ❤️🇨🇦❤️
The Melania Trump-style, Republican Foreign Diplomacy
Getting Trump showered with Expensive Gifts from Rich & Powerful Men!
Because Trump & his International Gold Digger wife …
LOVE to be ensconced in Glittery GOLD GIFTS!
I tend to look at foreign policy through incentives and outcomes rather than personalities.
Countries don’t offer gestures... or gifts... out of admiration. They do it to gain influence, access, or leverage. That’s been true across administrations and across history.
The real question isn’t who likes whom.
It’s... what decisions follow, and who benefits.
That’s where the meaningful analysis usually is.
Well done Canada, Trump is operating in the same way he did well all his businesses, and you you how successful that turned out.
Unfortunately, you are misinformed, the big Northvolt battery factory is no longer being built, the Province of Quebec lost a lot of money in subsidies. Northvolt filed for bankruptcy and dropped the project. You will have to revise your numbers.
You did not mention the big South Korean battery factory that was closed before opening in Georgia when ICE raided the facility and detained all the Koreans who were there to supervise the building and train the employees. Korea walked away, even after apologies from the US Government, no Koreans wanted to return to the USA.
Unfortunately all these projects are a bit of a gamble, the market or political conditions may change and the factories may stop operations.
You’re right that projects can change... markets shift, financing shifts, politics shifts.
That’s the nature of large-scale manufacturing bets.
What matters is the trajectory.
Multiple countries are investing heavily in domestic battery production because the strategic value is enormous.
One project doesn’t define the entire sector.