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Bullboard - Stock Discussion Forum Suncor Energy Inc. T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks... see more

TSX:SU - Post Discussion

Suncor Energy Inc. > Productivity 'Emergency'
View:
Post by mrbb on Mar 27, 2024 4:16am

Productivity 'Emergency'

Canada's productivity laggard among the G7
Bank of Canada says nation faces a productivity emergency | Financial Post

I wonder why..

- stupid woke policy repels foreign investment

- we can't build anything anymore

- mass immigration that only fills low skills jobs, suck up entitlements that even regular canadians aren't eligible for them. The whole selling point of mass immigration was to boost our economy and population fast. Come 25-30 years when these immigrants start collecting CPP, OAS,GIS, i doubt CPP would have enough to pays out since low skills jobs contribute less into social program plus we heading toward gig economy** that doesn't contribute much into CPP and UIC (A gig economy is a labor market that relies heavily on temporary and part-time positions filled by independent contractors and freelancers rather than full-time permanent employees.)

- high taxes

- doughing out money to boondoggles like ukraine aid, more climate studies, arrivecan, EV battery startups 

- management put effort in avoiding taxes instead of improving productivity because return on tax avoidance is greater than improving productivity

Comment by Marty47 on Mar 27, 2024 9:23am
Y'a thanks , its great to have a drama teacher as prime minister .....doesn't know sh......ite about economy and business , got millions in his banque account before he was borne , never struggle , 8 years of Trudeau made Canada poor , never forget the 8 years of Trudy's at the next elections . Common sense 2025 .... hopefully sooner 
Comment by spurwing2 on Mar 27, 2024 9:44am
Agree with you 100 %.
Comment by jx7000 on Mar 29, 2024 3:08pm
I, too, agree 100% but people re-elected his daddy even after he got turfed out, didn't they?
Comment by newtonboy on Mar 29, 2024 3:35pm
His Daddy Fidel was never really elected seeing that Cuba turned into a one - party socialist state under his administration. He adopted the Marxist-Leninist model of development which was the fore-runner of what Canada is now headed to under young Justin.
Comment by jx7000 on Mar 29, 2024 5:19pm
Lol,   yerah I know all about "that" daddy; I meant the other apparent daddy  ;-)
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