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Warhippy

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Everything posted by Warhippy

  1. Looking at a 4 bedroom 3 level heritage home in Summerside, just had the oil tanks style heating removed and updated to pellet and power. New windows insulation and a few solar panels tossed in. It's sitting on a half acre and is up for $170,000 Can't even buy .10 worth of land here for that Main issue is work for the wife. You're right it's going to collapse. over 10 years of easy credit is coming back to bite people. Reading the reports and they're expecting close to 80,000 by the end of the 2nd quarter to have issues renewing their mortgages and even more within the next 18 months. http://www.cbc.ca/news/business/mnp-debt-survey-1.4621831 Will be a buyers market soon. If anything I am kind of hoping the BC government goes whole hog on their foreign ownership laws in short order to ensure Canadians can take advantage of it when it happens instead of "the usual" suspects
  2. Sadly we're renters. Prior to my last contract before my accident we were ready to purchase had a $210k down payment ready and 5 months worth of contracts doing exploratory in Brazil which after bonuses would have basically purchased the place outright. Then I got hurt. Now we still have nearly $100k saved for purchase and no appreciable debt. We do ok for this area of the province honestly but we're looking at outside of the province. Lethbridge, Airdrie, Nova Scotia and PEI are all on our list with one of the only places in BC being Port Alberni (due to the rumours of them re-opening the mills for green fibre/beetle kill and pellets) We will jump in when it's right but after my accident watching housing prices climb by 20% or more per year and having no income coming in for a few years we opted to wait. Glad we did now reading these reports on oil, housing and credit crisis'
  3. Hard to argue that Notley isn't using all her clout with a majority to ensure the best interests of her province are met. She's a hell of a premiere really. http://www.cbc.ca/news/canada/edmonton/alberta-unveils-bill-that-could-wreak-havoc-on-b-c-gas-prices-in-trade-war-1.4622165 Alberta's minister of energy will have sweeping discretionary powers to limit exports of crude, natural gas and gasoline to B.C. under much-anticipated legislation introduced Monday. Bill 12, titled Preserving Canada's Economic Prosperity Act, gives the Alberta government the ability to retaliate against the B.C. government for any delays to the Trans Mountain pipeline expansion, by driving up gas prices or slapping restrictions on shipments of other energy products. "We are very committed to putting pressure on B.C. to come around and focus on what this pipeline actually means," Alberta Premier Rachel Notley said. Notley gains more federal backing as Trans Mountain deadlock wears on Alberta willing to buy Trans Mountain pipeline if necessary, premier says Troops will be needed to get Trans Mountain built, says former Alberta energy minister The majority of gasoline and aviation fuel used in B.C. is shipped from Alberta through the existing Trans Mountain pipeline. Limiting exports could create shortages in B.C., forcing it to look elsewhere for gasoline. Alberta could also divert crude oil shipments to rail and truck, in order to free up pipeline space for bitumen. All these measures could amount to driving up prices at the pump, which could create political problems for B.C. Premier John Horgan. Kinder Morgan has set May 31 as its deadline for deciding whether it will proceed with the Trans Mountain project. If investor certainty isn't there by then, Notley said, then the Alberta government may take action. "Then that might be the point at which we're going to have to be a lot more strategic around what products get shipped to what markets by what means," she said. Notley said delays to the proposed pipeline project will cost Canada an estimated $40 million a day in lost revenue. $10M daily fine The bill will give Alberta's Energy Minister Marg McCuaig-Boyd power to issue licences for the export of crude oil, natural gas and refined products like gasoline and aviation fuel. The licences can set limits on where product goes and on how much can be exported over a defined period of time. The minister can determine how product is exported, through pipeline, rail or truck. Corporations that violate terms of a licence face a fine of $10 million a day. Notley demands 'concrete action' from Ottawa to get Trans Mountain pipeline moving Anti-pipeline leaders restate resistance to Trans Mountain pipeline project The government claims it has received a legal opinion indicating the legislation would not violate the Constitution, NAFTA or any internal trade agreements. If passed, the bill would come into effect upon proclamation. Jason Kenney, leader of the Official Opposition United Conservative Party, has called on the government to turn off the taps to B.C., but he is reserving opinion on the bill until his caucus can read it more closely. "We certainly accept the goal but we have to do our due diligence as the opposition to make sure the bill doesn't go farther than it needs to," he said. Kenney added the UCP may propose an amendment to put a sunset clause on the bill, so the minister doesn't retain these powers longer than necessary. The bill was introduced one day after Notley and Horgan met with Prime Minister Justin Trudeau in Ottawa to discuss the dispute between the two provinces over proceeding with the pipeline. Alberta's proposed law came up in the discussions, and according to Notley, her B.C. counterpart said he hoped that it would not go ahead. The Alberta and federal governments are in talks with Kinder Morgan on ways to give the company financial assurances the Trans Mountain pipeline project will go ahead. The Texas-based company cited resistance from the B.C. government when it announced recently it was halting all non-essential spending on the project. ====================================================================================================== Just for reference or as a counterpoint, if Horgan and the Greens declared BC's port systems and coastline vital provincial resources....they could REALLY stick it to the feds and Notley. Would be amusing. But then, my family and my business hold an entire accumulated debt of less than $8,000 and we're not worried for when the inevitable happens due to this and the ensuing credit crunch which will force so many people out of their homes for overextending themselves with 4 vacations a year a new lease every 18 months on a shiny car and a house bigger than they ever needed
  4. You didn't read them It's ok. Never expected you too or you'd have understood. But then you'd have wanted to learn something and that's not your MO is it? Just a heads up for the future, when giving companies massive tax breaks, when paying a companies training wages for employees, when gifting companies monetary incentives to develop or outright paying their bills. It tends to be the EXACT same as giving them cold hard cash. But that would be far beyond your understanding or desire to understand. I think I'm done speaking to you though, I despise ignorance, especially when it is intentional.
  5. No no no It's really simple. You ask for proof, I give you proof from multiple different sources. You know you're wrong so you refuse to read them then claim they're not truthful. That is called ignorance. It is the desperate last attempt of someone who literally cannot begin to argue the FACTS from 10 different sources. You then state bring up examples of tax dollars and subsidies going to oil companies, which I already did 2 pages ago. So here's the links and post again. So you can completely ignore them all, call them fake and claim you didn't read them because "reasons" I was actually trying to figure out which former poster you were. But now I know. Wasn't really that hard. Enjoy not reading any of those and enjoy wallowing in your continued ignorance
  6. I post literally 10 links And you cannot refute a single one of them, you just pick a headline and claim it's garbage. Refute them with facts, I dare you. Like, actually try. Those links come from reuters, Business Insider, the energy firms in the US, the eco nuts and the EPA as well as US energy giants. ALL of them are wrong because you said so?
  7. People who genuinely want to learn about things tend to do the work themselves when researching issues they claim interest them In the form of tax breaks, subsidisations and "training programs" https://www.iisd.org/faq/unpacking-canadas-fossil-fuel-subsidies/ http://www.cbc.ca/news/politics/auditor-general-spring-report-1.4116346 https://www.theguardian.com/world/2016/nov/15/climate-change-canada-fossil-fuel-subsidies-carbon-trudeau http://nationalpost.com/news/politics/federal-government-has-no-plan-for-phase-out-of-fossil-fuel-subsidies-auditor-general-finds http://www.cbc.ca/news/politics/g20-fossil-fuel-subsidies-450b-1.3314291
  8. Let's restate this shall we. Can we subsidize green energy the same way we do fossil fuels enough to create an even playing field? One of the biggest issues people have and continue to have is government involvement in tax breaks and subsidization of major oil companies and fuel producers. At no point in time should public money be going to assist multi billion dollar profiting companies. I have little issues with a government getting in on the ground floor of a growing industry but despise watching my tax dollars fund billionaires
  9. Then get behind green energy because no matter what you say that is a growing industry where as Oil will not ever have the same growth margins That is inarguable. Green and renewable energy infrastructure and development is in its infancy, oil has been around for over 100 years When an industry begins it has issues but inevitably creates more jobs as it grows. Also, you can wave off whatever links you desire and claim they're biased or fake news. But it doesn't take away from the truth. Just because you refuse to believe it doesn't mean it isn't true, which is why I am posting links from as many different sources as possible. Including established business magazines, impartial media outlets as well as the standard ones. https://www.huffingtonpost.ca/2017/08/13/albertas-oil-workers-are-shifting-to-renewable-energy-jobs_a_23076086/ https://www.reuters.com/article/us-canada-oil-environment-climatechange/amid-fading-oil-boom-canadas-roughnecks-seek-green-energy-jobs-idUSKBN1AP1IJ https://cleantechnica.com/2017/02/01/us-clean-energy-jobs-surpass-fossil-fuel-jobs-5-1/ http://www.cbc.ca/news/canada/calgary/alberta-renewables-wind-solar-jobs-energy-1.4385124 https://powerscout.com/site/renewable-energy-job-growth-outpacing-the-rest-of-the-economy http://www.businessinsider.com/solar-energy-job-growth-2017-1 https://www.nytimes.com/interactive/2017/04/25/climate/todays-energy-jobs-are-in-solar-not-coal.html http://energypost.eu/jobs-investing-in-renewables-beats-fossil-fuels/ https://www.independent.co.uk/news/world/americas/us-solar-power-employs-more-people-more-oil-coal-gas-combined-donald-trump-green-energy-fossil-fuels-a7541971.html http://www.iflscience.com/environment/solar-employs-more-people-than-oil-coal-and-gas-combined-in-the-us/
  10. Because it won't just be Alberta, it will also be a federal involvement as well. If you're ok with it that's cool
  11. Actually not to my understanding. it was an NDP idea that the UCP jumped on claiming it would ensure that it gets built. Something to do with legal precedents or whatever. True Dough is now thinking of doing it as once it is in federal hands and they create this new law no province will have the power to say no. The irony is literally every province outside of BC and Quebec will be on board getting it done. They REALLY need to think long and hard about what powers this will give the feds
  12. The irony of it all is appalling. 1981: Let's make an NEP to the betterment of all Canada and Canadians. Conservatives OMG no that's socialism, that's wrong omg no it's our resources we can't sell to Canadians at cheaper than world rates. Lets make NAFTA and sell to America even cheaper than that and buy it back after ensuring we've privatized and sold off all canadian owned interests in oil development 2018: Let's make sure we get pipelines running east and west. Oh what's that Coderre? You don't want one in Quebec or Montreal? Ok sorry. BC sorry you're going to get one, I'm putting my foot down. Conservatives: Let's invest our tax money in to a failing company and buy some of this pipeline and in the future lets look at seriously buying up and ensuring Canadians own and manage their own oil futures
  13. The sad thing is, I was kidding. Then I went over and perused some of the comments about it and yes. They firmly believe that Liberec has Benning over a barrel because obviously Jasek is going to be a solid 3rd line player but Benning gets no credit for drafting him as even a blind squirrel finds a nut from time to time and once a contract is signed it will be a huge over payment It's actually really sad reading how these people try to find fault with everything they do
  14. Nobody is going to vote NDP outside of Toronto and vancouver, maybe a few pockets on the ISland. Singh is almost unelectable outside those centers and is not viewed as any kind of a leader as he hasn't even bothered running for a seat yet instead waiting to cherry pick his riding to ensure it is 100% safe which is not leadership material. Then sadly knowing that large parts of Alberta Saskatchewan and Quebec won't vote for him as he is a shade swarthier than the average prairie dweller or quebecois because like it or not, racism and bigotry are still alive in large areas of the country and you see him barely holding the seats they currently have IMO
  15. Yes. Its my experience that no matter what. HF boards will determine Benning and Linden will have screwed this up. No matter the outcome
  16. Horgan/Trans Mountain/Kinder Morgan has nothing to do with the current price of fuel. At all 4 months ago there was a glut in the supply lines and still record supply of oil/sweet crude. There was also record production of fuel and fuel supply. This is at oil hovering around $60 and fuel prices over or around $1.30 Contrast that to 2008's lower supply and oil prices around $140 The only thing that has changed is the amount in the supply lines and the greed of oil companies/fuel companies. It makes me chuckle that people are blaming Horgan for the current price of fuel with this common knowledge still so easily available for dissection
  17. Oh snap, did Coderre sign that letter? We know golden boy will roll over for Coderre
  18. More good news. One of the best aspects about this kind of conflict of trade escalation is that new ideas are formed and new methods or techniques tried. This invariably results in new technology and more sustainability. http://www.cbc.ca/news/business/vanadium-shell-oilsands-renewables-1.4608208 Originally from South Africa, JT Steenkamp doesn't usually enjoy brisk Canadian winter weather, but this year is different for the engineer who is testing out a new type of battery at Shell Canada's research centre in Calgary. The battery is built using a little-known metal found in bitumen, and the technology could represent a pivotal moment for both the oilsands industry and the renewable energy sector. An unusually frigid prairie winter is perfect for his research. "Coming from a sub-tropical country, it's a very confusing series of emotions I'm going through wanting these cold snaps for the first time in my life because it means I get to beat up this battery as much I want," said Steenkamp. "If successful, it could be an absolute game change. It will prove that we are capable of delivering renewable energy game-changing ideas not in spite of traditional energy but precisely because of it.," said Steenkamp. Steenkamp has constructed what's called a vanadium redox flow battery inside a garden shed, which is powered by solar panels above the research centre. The battery is run through continuous cycles of charging fully, then draining completely. Data is collected to gauge its performance, which so far is promising, according to Steenkamp. So far, the vanadium battery can only hold a charge of six kilowatt hours, enough to run a hairdryer for about four hours. It would need to be much larger to store electricity from a wind farm or solar field, but Steenkamp says this type of battery can easily be scaled up. "Biggest challenge is the cost," Steenkamp said. "It's the classic problem of flow batteries and why we are here: Can you find this stuff in enough quantity and at a low enough cost to make large-scale energy storage viable?" Vanadium is a largely obscure metal often used in making steel. It retains its hardness at high temperatures, so it's ideal for making drill bits, engine turbines and other parts that generate heat. In the oilsands, Vanadium is one of the metals that comes out of the ground with bitumen. The concentration is quite low: a barrel of bitumen would contain just 30 millilitres of vanadium, on average, experts says. But multiplied by the millions of barrels of production from the oilsands every day, Steenkamp says there is a "boatload" of vanadium. The process of actually extracting the vanadium from the oilsands is the responsibility of researchers at the University of Alberta. Barrels of bitumen are shipped from Fort McMurray, Alta., to a lab on campus in Edmonton."The project is focused on vanadium, but generally speaking, actually, all metals need to be removed," said Arno de Klerk, a chemical engineering professor who oversees the project. "It's going well so far. We have multiple potential technologies or techniques that we are investigating," he said. "It's early days so I don't want to sound overly optimistic, but I am cautiously optimistic that this can be technically successful." The bitumen comes from a variety of oilsands facilities and comes either in the form of a solid, resembling chunks of asphalt, or as a thick, viscous liquid. "We don't understand the chemistry associated with these metals and the complex nature of the bitumen — that's the biggest challenge," Garima Chauhan, a post-doctorate researcher, said while she weighed samples inside the lab. This isn't the first time scientists have tried to extract heavy metals from the oilsands but interest has come and gone over the past few decades as oil prices changed or researchers hit a roadblock. With advances in technology, many companies are now looking to extract different types of metals from the oilsands, including nickel and titanium. Not only do the metals have value but removing them from the bitumen will make it easier and more efficient to process, and reduce the environmental impact of its production, researchers say. "So it's one of those cases where there is actually a win-win situation that not only is the product valuable, but by actually removing the valuable product from the bitumen, the bitumen becomes more valuable," said de Klerk. The research project is funded in part by Alberta Innovates and the Alberta government. As the province adds utility-scale renewable energy projects like wind and solar, several projects are underway to create electricity storage. Massive batteries would be able to collect electricity when the sun is shining and the wind is blowing, and dispatch the power during times when it's most needed.Without storage capabilities, renewable energy production still has to be backstopped by natural gas or other types of traditional power plants. "We really see energy storage technology as an opportunity to provide a tool to keep our grid flexible as we move toward a shifting grid and a shift in the generation sources," said Maureen Kolla, with Alberta Innovates. Furthermore, she says this is the start of an effort to explore what other types of products could be produced from the oilsands. "Looking at our oilsands resource and saying what other opportunities exist for us to use that resource beyond just fuels that could help us in that emerging low-carbon-economy situation," she said.
  19. I said I love the idea yes. I never once said I desired it or that I thought it should happen. "Love the idea" is not at all the same as "let's separate" Like I said, reach REALLY deep. Try not to throw your shoulder out though doing it
  20. These big boats will have trouble because Asian refineries want heavy crude, not the light stuff from the US. It is Canadian crude which is in highest demand world wide. Your statement. Nothing you've posted corroborates this
  21. Show us where it says And I quote These big boats will have trouble because Asian refineries want heavy crude, not the light stuff from the US. It is Canadian crude which is in highest demand world wide. Because, as I read that. it doesn't state anything about Asian refineries wanting heavy crude nor that Canadian crude is in the highest demand.
  22. I've never spoken about BC leaving canada. I've always argued the exact opposite for Alberta. Just because I look at a neat little map titled Cascadia and say that would be neat doesn't mean I state let's separate. You'll have to reach pretty deep to argue that point Even politicians in Alberta and some of the biggest names in finance and media have brought it up. The equivalent of stomping their feet cause they're not getting their way http://www.cbc.ca/news/canada/calgary/alberta-politics-separatists-1.4148590 http://business.financialpost.com/opinion/jack-mintz-pipeline-antagonism-and-lopsided-equalization-stir-catalonian-feelings-in-alberta http://nationalpost.com/news/politics/why-leaving-canada-makes-sense-for-alberta-and-u-s-would-likely-welcome-a-new-state https://www.vice.com/en_ca/article/yvx8jy/the-last-best-west-meet-albertas-new-separatists
  23. Right after high school most people I knew went to Thailand or that area of the south pacific. Major tourist areas. Others did Australia. A few more did the major European hot spots. Mi Amigo Paul and I drove across Canada in a chewed up 95 Thunderbird. 3 weeks and some amazing sights in this country We had plans to travel as far south as Panama before moving further towards South America. The whole trip was driving to Panama, Through Belize and into Columbia on some cheap enduros and go as far south as Patagonia before riding back up the west coast. I went to college though he went to the rigs. Met up years later after my accident and he'd done the south american tour (he worked day shift on a rig whose night shift won like 25 million on the lottery and they gave every opposing shift worker 50 grand) Work took me to Belize, Mexico, Turkey, China, Iceland, Norway and in to Greenland but never really saw anything outside of airports and camps For those who have never done Canada. Do it. Honestly. Grab a solid backpack and a dependable car and travel across this country. Pick a location in a province every week and park do a day hike meet the people in small towns and visit the local tourist spots. This country has some of the most magnificent people and locations you'll ever see.
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