From Martin Pelletier - co-founder of a boutique investment firm, portfolio manager, hedge fund manager, outsourced chief investment officer (OCIO) and financial columnist.
"The EU will purchase $250 billion/year of U.S. liquefied natural gas (LNG) for three years, totaling $750 billion. NOW IMGAINE IF THIS WAS CANADA. IT WOULD BE A WHOPPING 10% OF OUR ANNUAL GDP. Think about what Trudeau did when he said there is no business case for LNG. Think about this when the Premiers of BC, Manitoba and Quebec put up road blocks for pipelines."
I still can't believe enough Canadians believed the 51st state nonsense and voted in the Liberals again - the undisputed worst stretch of government in Canadian history. Think of the damage they have done to the country. Carney won't be much better then Trudeau - he is climate change zealot and is already getting owned by Trump. When The Liberals took power in 2014 the GDP Per Capita of Canada was similar to the USA - now is it a full one third, and falling, below the USA and this will only increase. The Libs and Carney keep talking and talking, and not doing anything. They are on a 3 month holiday while the USA and other countries leadership are signing trade deals. Does Carney have a plan? He basically just gave 57 indigenous groups the right to veto any pipeline or natural resource project - only 1/57 needs to veto - plus Quebec and BC and the usual suspects will not be good team players. Canada is screwed - Trump was hoping Carney would get elected and now we are seeing why.