RE:RE:Ex-Dividend Date: Sept 2liljohnnyjoke wrote: barring a big jump in oil prices due to war in the gulf etc I think Canadian oils will drift lower as we approach the election.
Trudeau will likely win and he will continue to punish oil companies with emission reductions costs, carbon tax increase, fuel tax increase etc.
He wants to tax banks and insurance companies, who will increase service fees and premiums to customers to pay for that, so its really a tax on us.
Maybe the integrated oil companies should adopt that strategy. increase gasoline prices by 50cents a litre, say they have no choice to be able to pay all these additional taxes the government has imposed.
Imagine the uproar from the Greenies when they have to fill up the BIG ICE Escalades and Navigators.
Higher gas prices means more tax dollars for the Fed coffers. Fcuk Trueasadouce and the horse he rode into town on. Vote any colour but Red!