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Tag: Tar Sands

PM Trudeau’s White Elephant

Post Views: 508 So, Keystone XL will be PM Trudeau’s White Elephant gift from the USA. We literally cannot afford to say no … but we cannot afford to agree to it, either. As a result of a decade of systemic decline in the Canadian economy of almost everything -except- resource extraction, the nation had no “airbag” to soak the impact of a collapsing global oil market. For example, the lower Canadian dollar would have been a boon to our manufacturing sector … save that the manufacturing sector had atrophied in the previous decade.  This, in turn, did remarkable damage to the over all fiscal liquidity of the nation. To fix house that hasn’t had repairs in ten years, you have to go to the bank and get…

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