Harper allows the sale of Nexen to CNOOC

[Badass69]

Wages are not going down...... Maybe in unskilled grunt labor worlds it may be but that is fine as they aren't worth what they get paid now anyhow.

Not all jobs in a plant require only a heartbeat to get it done. We had a couple newbs hired about a year and half ago and they were both "dual ticket" and of course "engineers" with impressive resumes. Neither spoke english to a point of understanding and both were unskilled hazards. The resumes were bogus as they had no clue what they were doing..... and they were both terminated. Even if they had spoken english properly and or had a mandarin speaking boss they still had first year apprentice skills.

At the end of the day if production is going to be affected people take notice and appropriate action is taken.

 

[DaveB]

you moving dave? seen alot of frac trucks heading towards drayton valley area friday night, bj, trican, calfrac, and a pile of service trucks. must be some big push all of a sudden, as the price of oil $84 or gas $3.45 dosen't warrant that big of a rush. must be something coming down the pipeline. or one of the oil companies is trying to attrack a big sale. penn west? cnrl?

PennWest is on the block now....

I don't need to move...I am gainfully employed. If that changes, I'll go where I have to.

 

[Summiteer]

Your right , vote for Justin / mulcair and fix that problem in a heart beat !!!
They will shut down the oilsands and put an end to this constant issue of to many jobs in Alberta .I can only wait and hope ....

Yup, no middle ground with you, sell it all or shut it all down....... How is it to live in a black and white world?

 

[Bogger]

a world without "shades of Grey" would SUCK....just sayin...

As far as "selling off our future" we've been doing that for decades....

Yup, no middle ground with you, sell it all or shut it all down....... How is it to live in a black and white world?

 

[MACHINE]

Soon the goverment will start selling land up norh and the artic , hmm soon will will have a different flag on parlement hill lol

 

[rzrgade]

Yup, no middle ground with you, sell it all or shut it all down....... How is it to live in a black and white world?

Middle ground to me is the way Harper managed to steer the Economy since the U.S. Crash happened.....With the perfect balance of Growth and control in the banking sector.....
Middle ground is to allow the needed growth as well as support the ability of Alberta ,to sustain other parts of the country who are not as well off.....
Middle ground is to permit us in Alberta,to prosper from one of the best economy`s in the world.....
That is my middle gound.....

If your idea of middle ground is along the suggested lines of the Lefty`s out east, with such outstanding ideas as shutting down the Oil fields to make Eastern Canada more Competitive........

Then your idea of middle ground and mine differ widely.....

 

[barleyfarmer]

Of the 'major players' in the oil patch how many are still 100% or at least 50% or higher Canadian owned?Not here to fight I'm just curious because quite a few are basically owned by the states aren't they?Funny the US allowed Canada to sell Nexen to China!

 

[Summiteer]

Middle ground to me is the way Harper managed to steer the Economy since the U.S. Crash happened.....With the perfect balance of Growth and control in the banking sector.....
Middle ground is to allow the needed growth as well as support the ability of Alberta ,to sustain other parts of the country who are not as well off.....
Middle ground is to permit us in Alberta,to prosper from one of the best economy`s in the world.....
That is my middle gound.....

If your idea of middle ground is along the suggested lines of the Lefty`s out east, with such outstanding ideas as shutting down the Oil fields to make Eastern Canada more Competitive........

Then your idea of middle ground and mine differ widely.....

Never said anything about shutting down the oil fields. What I figure is throttle it back a bit, maybe build a refinery or two here, then ship refined product. More jobs here that way. The oil isn't going anywhere and demand is only going to increase as the third world industrializes. Maybe build pipelines to the rest of Canada before China then someone else can take the South American oil that is currently shipped to the east coast and we can be a little more self sufficient as a country.

 

[rzrgade]

I agree with most of that........Trouble is China is the only one with CASH these days.......
I do get a quite frustrated with Alberta giving so much,and geting slapped repeatedly for doing so....

As i have said many times on here, i am blessed to live and raise my famiy in Canada,particulary Alberta.

 

[Nathansharkey]

Never said anything about shutting down the oil fields. What I figure is throttle it back a bit, maybe build a refinery or two here, then ship refined product. More jobs here that way. The oil isn't going anywhere and demand is only going to increase as the third world industrializes. Maybe build pipelines to the rest of Canada before China then someone else can take the South American oil that is currently shipped to the east coast and we can be a little more self sufficient as a country.

I agree with you. I also think Harper is the best man for the job. We should all be proud to have this man running our country.

 

[old mountain man]

Not much mention of the fact that the owners "Shareholders" of this company wanted to sell it. It was performing poorly and and the offer was likely more than it was worth. If I was a shareholder I would of been quite upset if the deal had been turned down. After all they are not buying the resource, only the right to extract it and pay the government their share of the proceeds in cash or oil.

 

[Summiteer]

I'd much rather see Marc Garneau as leader of the Liberal party than Justin Trudeau. Much like the lack of opposition in Alberta has led to pathetic governance, The federal Reformers need someone to keep them in check. Absolute power corrupts absolutely.

 

[eclipse1966]

you mean selling the country just like every other politician has done once in power. Today the Chinese yesterday the Americans. It goes on and on. Wish there would be a guy sitting in that seat that makes deals for the average Canadian not for only today but for generations to come. Unfortunately the opposition guys are just as bad!

I agree with you. I also think Harper is the best man for the job. We should all be proud to have this man running our country.

 

[Summiteer]

Performing poorly as a company? Or as a stock? The two don't necessarily seem to have much correlation any more..

 

[Nathansharkey]

you mean selling the country just like every other politician has done once in power. Today the Chinese yesterday the Americans. It goes on and on. Wish there would be a guy sitting in that seat that makes deals for the average Canadian not for only today but for generations to come. Unfortunately the opposition guys are just as bad!

I think you need to ask yourself how this man has kept Canada out in the lead. We are the envy of every country out there. And it is not just because of our resources. It is because we have strong leadership that can capitalize on our good fortune of resources. We have a good balance of growth and stability. I think the sale of Nexen makes good sense for all Canadians. Based on the investment in the future development and the Canadian jobs that come with it.

 

[eclipse1966]

what saved our a$$ was the fact that he did not have to bail out the banking system like the Americans and Europeans had to. Past governments had implemented strong banking regulations/protocols so they were not exposed too heavily to the tainted greed from Wall Street like others were. He borrowed money to the tune of approx 50 billion to create government spending to keep things moving. Not that I dont disagree with that move but one has to be careful otherwise we could easily end up like a lot of countries borrowing their way thru difficult times. So, nothing unique there either. I have said this before, we have it good here in the west but one should ask how our eastern neighbours are holding up. Not as well.

I think you need to ask yourself how this man has kept Canada out in the lead. We are the envy of every country out there. And it is not just because of our resources. It is because we have strong leadership that can capitalize on our good fortune of resources. We have a good balance of growth and stability. I think the sale of Nexen makes good sense for all Canadians. Based on the investment in the future development and the Canadian jobs that come with it.

 

[pistonbroke800]

Not a big difference?! If you worked in a facility you would feel differently.
How would you feel if you worked in the balzac gas plant, or the Bowden refinery .


Sent from my iPhone using Tapatalk

Balzac plant hasnt had anything move through it for almost 2 years and Bowden has been pretty much dead for about 15 years now.

 

[Nathansharkey]

what saved our a$$ was the fact that he did not have to bail out the banking system like the Americans and Europeans had to. Past governments had implemented strong banking regulations/protocols so they were not exposed too heavily to the tainted greed from Wall Street like others were. He borrowed money to the tune of approx 50 billion to create government spending to keep things moving. Not that I dont disagree with that move but one has to be careful otherwise we could easily end up like a lot of countries borrowing their way thru difficult times. So, nothing unique there either. I have said this before, we have it good here in the west but one should ask how our eastern neighbours are holding up. Not as well.

There were a ton of liberals screaming for Harper to put more money in to the bail out. Very glad we didn't. Also, Canada was also effected by the Bank situation. They key was to keep the economy going and Harper did just that. Companies didn't pull back on their investing in the Canadian economy because of the confidence that they had in Harper to keep a steady keel at helm. Canada was smart to give the conservatives a majority. Too much is lost in compromising with the communist parties. We would all be paying even more taxes had a different party had their way.

 

[eclipse1966]

I believe the Liberals were screaming to put money in the kitty before the government made any move to do so and yes I am glad they stopped when they did. Anyway, dont want to get into a pi$$ing match over this as I believe none of the so called leaders we have in place are inspiring and worthy of me getting the warm and fuzzies over.

There were a ton of liberals screaming for Harper to put more money in to the bail out. Very glad we didn't. Also, Canada was also effected by the Bank situation. They key was to keep the economy going and Harper did just that. Companies didn't pull back on their investing in the Canadian economy because of the confidence that they had in Harper to keep a steady keel at helm. Canada was smart to give the conservatives a majority. Too much is lost in compromising with the communist parties. We would all be paying even more taxes had a different party had their way.

 

[LID]

It's funny, the government is constantly bragging about how it was them steering the country through through these crazy times. The only reason we came out so good, besides our natural resource economy, was that we didn't have 1/10th of the problem the US had at the banks.

People with short memories forget that just before the banking crisis, our government was doing their best to Americanize our banking system, partly at the urging of Canadian banks who were missing out on all the US bank profits of writing poor mortgages and credit default swaps (insurance on fake money losses). Our government was even starting to allow 50 year 0%down mortgages, just like in the States. If they had had a few more years before things crashed, we would have been way worse off as our bank/mortgage system would have been chipped away to equal the US setup. The government and banks were bragging about how the Canadian Way saved us from the crisis, while they were the ones trying to change the Canadian Way, for the worse, before the crisis hit, all in the name of monster profits.

The current government didn't avoid this crisis. Laws and institutions, like CMHC, that were written and setup by governments in the past (both Lib and Cons) is what saved us. Luckily the government didn't have enough time to chip away at their effectiveness before the stuff hit the fan.

The worst part was putting up "Economic Action Plan" billboards on projects that had been approved and funded years before the magic act.

(Wow! where did this rant come from. need some deep pow ASAP)