Lay Offs

[rzrgade]

We will all remember her name for a while..... Trust me.

 

[ABMax24]

Wow , where are all the NDP supporters now ? I heard ; a lot of the big companies are bluffing, they won't shut this or that down , they will never move operations somewhere else....!!

It is time dam well time knothead did something ! Holy crap is she just going to sit there and say ohh well and spend more borrowed money that she does not have .... Now is the time you cut a tax deal with the large oil companies as a show of good faith.... They pay you back when times turn around. Desperate times call for action, by not doing anything she is sending a VERY clear message...!!

Building new bridges and sewers is wonderful , but how much $$$ in royalties come in to government revenue from them!
I am very concerned that in our haste to dispatch Redford (worst premier in Canada By the way) we may have missed a great
Opportunity to get back on track with Prentice !

Knothead is in over her head : why can some one who knew oil prices were sliding when elected, not see the shortfall and yet STILl bring in a budget that missed there calculations !!!! AFTER all that time had passed , you still miss your own mark ...wow

As one of the older guys on here who has seen this a time or 3 in two provinces ..
be careful , very careful... This could be a game changer , and not in a god way..
Hang on its going to be a hell of a ride for a while...

What do you want her to do? Buy a million barrels of oil/day at $100/barrel to help the economy? Everyone who voted for the NDP should know they are significantly more socialist than any other party, meaning they will spend a large amount of tax-payer dollars on things like infrastructure and public services particularly in a time of recession, Harper did the same thing after the 08 recession, and are you criticizing him too? Yeah she's racking up a huge debt, but on things the public needed anyway, and that previous governments have pushed by the wayside for years.

 

[S.W.A.T.]

Confused as to how oil prices and lay offs is the government's fault?

 

[rzrgade]

Are you serious ....wow just wow !!! Are you teling me that you do not realize the effect the the government has on a resource driven economy.
Have the words . Taxation, investor confidence, environmental process, profit margin , royalty rates , shareholder dividends , unemployment ,etc etcetera ever bounced around between your ears....WOW.

 

[rzrgade]

What do you want her to do? Buy a million barrels of oil/day at $100/barrel to help the economy? Everyone who voted for the NDP should know they are significantly more socialist than any other party, meaning they will spend a large amount of tax-payer dollars on things like infrastructure and public services particularly in a time of recession,

Harper did the same thing after the 08 recession, and are you criticizing him too? Yeah she's racking up a huge debt, but on things the public needed anyway, and that previous governments have pushed by the wayside for years.

Harper was pro oil, notley is anti oil apparently for starters. The point is because the energy business is in a down market does not mean you ignore it and hope for the best. True leaders work harder , in tough times ... Judging by her actions , or lack there of, she appears to be completely lost.
What do I want her to do? Send a clear message she is working for The Alberta oil industry.... So far all she has done is spend money she does not have !
Instead she should be working with the oil industry ....the best business people work their magic when the market is down , not up .... Any idiot can run it when the $$$ are flowing in !!! Set the groundwork in motion to improve the bottom line when things are tough....
It's quite obvious who has ever ran their own
business and who has not on here..... Lol

 

[Caper11]

Ffs since I joined this site I don't ever recall seeing these type of threads. Bloody govt! What ticks me off is I'm seeing numbers like 36000 oil and gas workers layed off and Trudeau wants to bring in 25000 immigrants!!!!!

All I've ever done since I moved to Alberta was work in oil and gas and have never been layed off before.
Well
I got layed off about a month ago now, the day I was layed off I had a job a hour later, huge cut in pay but I was happy to be working. But still pretty depressing I tell yah, walking through the Edmonton sled show and thinking to yourself that you can no longer afford to buy this stuff. It was great to see familar faces tho and shoot the shat

I picked up work twisting wrenches at a local dealer to keep the wolves off the front step, I really enjoyed doing that it was nice change of pace.
I recently accepted a millwright position at a local Weyerhaeuser mill, and start there on Monday.



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[ABMax24]

Are you serious ....wow just wow !!! Are you teling me that you do not realize the effect the the government has on a resource driven economy.
Have the words . Taxation, investor confidence, environmental process, profit margin , royal rates etc etcetera ever bounced around between your ears....WOW.

Oh I'm quite well aware of how the oil and gas industry in Alberta works, and as you refer to profit margins when oil is at $45 a barrel and it costs $52 to extract bitumen in the oil sands using SAG-D (just one company example), then why are they going to procede with new construction? This has nothing to so with the government, it is the economics of the business, natural gas is in a similar boat, the only thing keeping our area afloat is the condensate rich gas being found south of town.

And when this reverses and oil goes up to say $80 everyone will be back on board, if there is money to be made investors will invest, and rigs will drill, pipeliners will build pipeline, truckers will truck, welders will weld, operators will operate, and Notley will count her cash. Comprende Amigo?

 

[rzrgade]

Oh I'm quite well aware of how the oil and gas industry in Alberta works, and as you refer to profit margins when oil is at $45 a barrel and it costs $52 to extract bitumen in the oil sands using SAG-D (just one company example), then why are they going to procede with new construction? This has nothing to so with the government, it is the economics of the business, natural gas is in a similar boat, the only thing keeping our area afloat is the condensate rich gas being found south of town.

And when this reverses and oil goes up to say $80 everyone will be back on board, if there is money to be made investors will invest, and rigs will drill, pipeliners will build pipeline, truckers will truck, welders will weld, operators will operate, and Notley will count her cash. Comprende Amigo?

Your right spend more $$$ in the meantime . Your revenue is decreasing and your debt is the highest it has ever been in Alberta's history .... But hey don't worryand one day it will turn around.... I like that .

 

[ABMax24]

Harper was pro oil, notley is anti oil apparently for starters. The point is because the energy business is in a down market does not mean you ignore it and hope for the best. True leaders work harder , in tough times ... Judging by her actions , or lack there of, she appears to be completely lost.
What do I want her to do? Send a clear message she is working for The Alberta oil industry.... So far all she has done is spend money she does not have !
Instead she should be working with the oil industry ....the best business people work their magic when the market is down , not up .... Any idiot can run it when the $$$ are flowing in !!! Set the groundwork in motion to improve the bottom line when things are tough....
It's quite obvious who has ever ran their own
business and who has not on here..... Lol

She hasn't f@ckin changed anything, she has post-poned the royalty review, she says wants refineries built in the province, and wants to work to help build safe pipelines. What else do you want? Free handouts to big oil? Let Foreign oil companies walk away with billions in profits, and then all them to leave us high and dry when times are slow like right now? And no any idiot can't run it when times are good, look at Redford. I'm sorry but big oil companies should pay their share, yeah they are going to throw a hissy fit when we finally make them but it will happen regardless, look at Norway and all the money they have from oil and gas, why can't we be like them? We need to increase royalties so we can actually save for the tough times like now.

And the government is not a business, they are here to serve the people, not corporations, and no matter what they do it won't bring back the 36,000 patch jobs we lost this year, that is out of their control, what they can do is employ who they can working on projects we need anyway.

 

[Caper11]

She hasn't f@ckin changed anything, she has post-poned the royalty review, she says wants refineries built in the province, and wants to work to help build safe pipelines. What else do you want? Free handouts to big oil? Let Foreign oil companies walk away with billions in profits, and then all them to leave us high and dry when times are slow like right now? And no any idiot can't run it when times are good, look at Redford. I'm sorry but big oil companies should pay their share, yeah they are going to throw a hissy fit when we finally make them but it will happen regardless, look at Norway and all the money they have from oil and gas, why can't we be like them? We need to increase royalties so we can actually save for the tough times like now.

And the government is not a business, they are here to serve the people, not corporations, and no matter what they do it won't bring back the 36,000 patch jobs we lost this year, that is out of their control, what they can do is employ who they can working on projects we need anyway.

I don't mean to be rude, but do you work for a oil and gas company? Nothead has done more damage by doing nothing! By postponing the royalty review has put a noose around the oil and gas company's capital.


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[ABMax24]

Your right spend more $$$ in the meantime . Your revenue is decreasing and your debt is the highest it has ever been in Alberta's history .... But hey don't worryand one day it will turn around.... I like that .

We are going to run a deficit regardless, so we can either tax the population to death to make more revenue, or we can fire all the teachers and doctors and save a few billion that way, oh wait the farmers are doing good, lets quadruple their taxes.

What you're telling me is I could cut your income in half and you would still be able to do everything exactly as you do today without spending one cent of savings? If we had Provincial savings we could manage it, but oh wait we can't tax the oil industry too much to save for a rainy day because that isn't sending a clear message of support to the oil industry.

 

[X-Treme]

I don't mean to be rude, but do you work for a oil and gas company? Nothead has done more damage by doing nothing! By postponing the royalty review has put a noose around the oil and gas company's capital.


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*Notley

 

[ABMax24]

I don't mean to be rude, but do you work for a oil and gas company? Nothead has done more damage by doing nothing! By postponing the royalty review has put a noose around the oil and gas company's capital.


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I work for a facilities construction company, we have had huge layoffs as well, hours cut in half, wage increase freezes, so feel some of the pain everyone else does. I would rather see it postponed until they actually know what they are doing rather than rushing some half-finished royalty schedule out the door, yeah it probably does concern investors, but they wouldn't be gung ho to invest anyway right now.

 

[rzrgade]

Did u vote NDP ?

 

[S.W.A.T.]

Governments don't control oil prices and they certainly cannot force companies to hire people to loose a profit. Most large companies are responsible to the share holders and hold their interests above employee circumstances. For the record things were going down the tube long before NDP took over in Alberta and before the Liberals got elected. The harper government couldn't control oil prices or the world economy either. Government serves the people and if the people need jobs its their duty to create them. If things were so good for so long in Alberta where did the money go? Certainly wasn't to roads.

 

[eclipse1966]

that is exactly my question. More or less 2 decades of prosperity and nothing to show for. Worse than a 20 year old with their first paycheque……. spend spend spend. Pretty sad.

Governments don't control oil prices and they certainly cannot force companies to hire people to loose a profit. Most large companies are responsible to the share holders and hold their interests above employee circumstances. For the record things were going down the tube long before NDP took over in Alberta and before the Liberals got elected. The harper government couldn't control oil prices or the world economy either. Government serves the people and if the people need jobs its their duty to create them. If things were so good for so long in Alberta where did the money go? Certainly wasn't to roads.

 

[Joholio]

that is exactly my question. More or less 2 decades of prosperity and nothing to show for. Worse than a 20 year old with their first paycheque……. spend spend spend. Pretty sad.

This is not just an Alberta problem. Take a hard look at Onterrible and Queerbec. Alberta transfer payments galore and sucking wind. If Alberta got to keep its revenue instead of getting Robin Hooded all the time to support the rest of the second largest land mass on Earth it might be a different story?

 

[Stompin Tom]

Did the NDP cause the price of oil to drop? No. But guys on here ask what could they do? Its real simple. Create an environment in which business can survive.

The oil companies know the market is soft, they know there are big drops in the price per barrel, but in the past they also knew where they stood in relation to the government in power. What has compounded the problem now is the uncertainty, the not knowing and the fact that the NDP have come out as an enemy to oil and big business rather than somebody who wants to be a partner.

When big companies look at their future short term and long you can bet your a$$ they spend a lot of time and energy looking at the impact of the current government. What the NDP has done is taken away any confidence they had that they would be working in a "friendly" environment. The CEO's look at the short term future, the short term prices and deciede the only thing to do is cut costs, cut projects and lay off their biggest expense, employee's.

If those same CEO's had confidence that there would be a workable environment they would be more apt to look at continuation of projects, maybe cut back on OT but keep jobs, not move office jobs outside the country, do more maintainance and upgrades and try to be a stronger company coming out of this downturn.

Simply the big companies are running scared. Everyone of them are worldwide companies, they dont have to do business in Canada to survive right now, if they have more confidence it doing business outside of Alberta they will.

 

[recguy]

Governments don't control oil prices and they certainly cannot force companies to hire people to loose a profit. Most large companies are responsible to the share holders and hold their interests above employee circumstances. For the record things were going down the tube long before NDP took over in Alberta and before the Liberals got elected. The harper government couldn't control oil prices or the world economy either. Government serves the people and if the people need jobs its their duty to create them. If things were so good for so long in Alberta where did the money go? Certainly wasn't to roads.

In my pocket is where it went! Right where it should go, as i worked for it!

 

[recguy]

that is exactly my question. More or less 2 decades of prosperity and nothing to show for. Worse than a 20 year old with their first paycheque……. spend spend spend. Pretty sad.

It's easy to spend money you dont actually ****ing earn, when its your ass earning it, you spend a little differently. Wow, what a concept hey.