As you can now see, there was no plan. My questions never did receive direct answers, I guess no politicians thought they were important.
It gets better, Canada needs foreign capital, policy talks ongoing: Finance Minister.
Canada needs foreign capital to develop its oil sands and is in the "middle" of discussions on how to approach foreign takeover bids such as the $15.1 billion offer by China's CNOOC (0883.HK: Quote) for oil and gas producer Nexen (NXY.TO: Quote), Finance Minister Jim Flaherty said on Friday.We need foreign capital, because they are not financially viable as I described in detail yesterday.
Scattered throughout this blog (and my Hellberta blog) are many, accurate, forecasts of the economic situation in Canada and in Alberta. It's really not hard to do, all you have to do is be mindful of current events, have a firm grasp of the real problems in energy such as peak oil, and have a firm grasp of the fraudulent ponzi scheme we call an economy. I haven't just been right once or twice, I've been right consistently. I'm not trying to promote my ego by saying this, what I am trying to say is that if I could do it: they are either completely incompetent - in which case there should be no confidence in any further "plans" from these people - or they are deliberately deceiving the Canadian and Albertan populations to further the agendas of private interests. Gee, which do you think it is?
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Richard Fantin is a self-taught software developer who has mostly throughout his career focused on financial applications and high frequency trading.