RE:RE:RE:RE:Don,t understand !Maybe, oil stocks should skyrocket the minute Justin leaves office but thats 1.5 years away. He can do alot of damage until then. Why Canadians dont pull full scale Convoy and get this guy charged with treason is a mystery to me.
Meanwhiile I am meeting more and more people who have already or are in process of moving money outside Canadian banks and getting residency in Mexixo etc. A staggering number. Thailand, Portugal, Japan. People are just packing up and leaving. People I never thought would retire have decided "I have enough to live, I'm leaving while I still can". Not even all rich people either. I know people who still need to work who are going to chance it elsewhere.
Pierre probably isnt going to fix much. He seems owned by the same masters. He'll just do it better, slower and maybe not so obvious. Its only happened because we let it. I've detested the last 3 years. Nobody liked me 2 years ago. I was conspiracy guy. When not any more. Npw EVERYONE seems to be on same page. Except gov workers and welfare folks. And university profs. They never want this to end. Problem is, there no one left to fund them. Its all debt on their childrens backs from here.
Canoutchie wrote: I'd also have to agree.
Historically Liberals were centrists, but Justin Trudeau' and his leftist pack of socialists have steered Canada's economy further and further to the left, a fact which hasn't gone unnoticed by the investment community.
It's not just oil and gas, although it's no secret that Justin and his little mini-me Guilbault have a special hate for this sector; but just listen to the comments that the CEO of BCE had to say about our anti-business, heavy on the regulation Liberal government following their recent earnings release earlier this month.
And, while Liberal koolaid drinkers will chalk the BCE comments up to "corporate greed" perhaps they should also look at a chart comparing Toronto's TSX index to the S&P500 or the Nasdaq. The underperformance of Canadian stock indices is quite pronounced ever since Justin Trudeau became prime minister.
As soon as Justin and his clowns are removed from office then I have a hunch that many stocks on the Toronto Stock Exchange will start performing a lot better, not simply just the oil & gas stocks.
Anschutz wrote: Agree. Over the last 3 years I have seen many businesses fold up shop and move out of Canada. Most have migrated to the US with a couple now operating out of Mexico. Canada is having difficulty retaining investment, let alone attracting new investment.
lashing wrote: 100% ... its not a business problem its a government problem. And that problem rules without any checks/balances in Canada. Until that changes why would anyone want to invest here?
I dont even want to run a hotdog stand in this country right now.