RE:From the blogosphere -Eric NuttallIt will never happen. If Liberals and NDP form another 4yr coalition government in 2025 here's my Nostradamus prediction. Put it in a timecapsule and open on December 31, 2030.
- The entire Canadian resource sector will be nationalized before wealth is ever distributed to shareholders.
- Large swaths of resource rich lands will be declared domain of indigenous councils that are filled with government appointees. Lands will be declared off limits to most humans. Corrupt members of the Indgenous will receive a stipend for their support. Not enough to fix the issues in their communites, but enough for committee members to live a lavish lifestyle while betraying their neighbours.
- Canada's natural resources will be declared a strategic global resource that will be leveraged to facilitate the transition to green energy.
- Canada will be required by UN law and the new world monetary fund to give resources away to global foreign corporations at the cost to produce. This will be an obligation imposed on Canada as the country defaults and social programs collapse under the pressure of ballooning deficits and debt. Our politicians will claim we have no choice as the World Health Organization has decliared necessary under the auspices of the Pandemic Treaty; and necessary to stop climate change, prevent the extinction of humanity and save the planet.
- Liberals, NDP and legacy media all corrupted by globalist funded NGOs will sell the narrative that it's Canadians duty to the world to fund the global energy transition.
- Majority of Canadians will shrug their shoulders, accept they are making amends for their colonialist roots and heritage, all the while showing more concern about getting tickets to see Taylor Swift and wondering if a Canadian team will ever again win the Stanely Cup.
Make no mistake, the globalists are winning with their fear based narratives and promise of a new equitable socialist utopia.
loonietunes wrote: Dare to dream??? At $80WTI and $4NYMEX over the next 5 years (our base case), the magnitude of cumulative dividends and share buybacks is staggering. Too, via the power of meaningful share buybacks = multiple co.'s would free cashflow their entire pro-forma '29 market cap each year in just 5 years time. A big thank you to Peters & Co. for the data! We remain bullish. 