So three days after the Alberta NDP released its attack budget, Husky Energy announced it’s going to sell many of its Western Canadian oil and gas businesses — to get out of what it can.
And it announced that it’s already laid off 1,400 workers.
That’s incredible. In the last 72 hours, Shell, Cenovus, MEG, Devon and now Husky have announced nearly 5,000 people laid off. 5,000 families without work. It’s shocking, it’s depressing, and it’s just the beginning.
Now, there will be people who say that this isn’t the NDP’s fault. It’s the fault of low oil prices.
And it’s true, oil prices are low. But they’ve been at fifty bucks, or less, for 12 months now.
The companies I’ve just listed were saying all systems go on their Alberta projects as recently as July.
What changed this week was that the NDP actually went through with their threats, in the form of their budget. And so the industry has gone on strike — it’s called a capital strike.
Look at what Husky did. They only dumped their Alberta businesses. They didn’t dump their Asian businesses.
In fact, in the very same press release they specifically list the places they’re very eager to invest more — places like Indonesia, and the South China Sea.
Don’t tell me it’s low oil prices. It’s Rachel Notley’s war on the oil patch. Husky Energy will go to places where companies are better treated — including off the coast of Communist China.
SIGN THE PETITION to tell Rachel Notley stop her war on oil and gas jobs in Alberta.
NEW! ”Don't blame me: I voted Conservative"
The t-shirt and bumpersticker that say it all — ONLY from TheRebel.media store!
READ Ezra Levant's bestselling books debunking environmentalist propaganda against the energy industry:
Groundswell: The Case for Fracking and Ethical Oil: The Case for Canada's Oil Sands
Vegas baby!
You think there is no exploiting going on in the oil industry?
ummmm… because we have morals and would rather work for our money rather than exploit people to get it. Too bad you don’t have any … morals, that is.
What’s wrong with suggesting a whole new industry for Alberta? Canada SHOULD have it’s own Las Vegas. Why not turn boring as fuck Alberta into an exciting place that will make your oil industry look like a joke by comparison financially?
Still, it is worse in Ontario – so it is a race to the bottom and the apologists will argue all the way down as taxes go up to rape the few that are left working.
You can only spend other peoples money until it runs out.
Libs and dippers are good at that.
Tough times ahead at this rate.
“While at an Alberta NDP public meeting in Grand Prairie discussing poverty and student debt, she publicly challenged her own father, asking for his advice as a poor student whose parents made too much money for her to get a loan while at the same time being too cheap to give her enough money to buy food. Her infuriated father waited until the meeting was over to give her a lone twenty dollar bill to tide her over until the end of the month.”
Biting the hand that feeds and begging for money since 1984. She would’ve done well to heed her fathers lesson. Dependence breeds dependence and the cycle continues today.
Na. But thanks for the suggestion! Don’t let the door hit your ass on the way out. Bye!
And this also means that Canada’s tax revenue goes into the toilet.
So expect lots of squawking from Quebec, lots of new debt for Canada and higher taxes, including a higher HST.
You voted for this man-child Justin (and you voted for a fringe element in Alberta) and so you get what you choose – here comes the pain train.
Your kids don’t get new shoes. Instead, your pay check goes to government debt payment instead. Nice job liberal voters!!!
But you get your legal pot – they call it dope for a reason.
Andrew I never said oilpatch workers are overpaid layabouts and I never compared them to government workers. See non union private sector employees have to actually be productive and produce results or they lose their job. They are rewarded by their hard work and initiative as companies appreciate that kind of effort. Companies are in competition with other businesses so they have to keep cost low and productivity high in order to make a profit.
Unionized public employees have no competition, there is zero incentive to work hard or do more because it won’t make you any more money and promotions are based on seniority, so why bother? All one needs to do is show up and do the bare minimum, put your time in and you’re golden except soon the reality that running a bloated over priced provincial government won’t be sustainable and it will fall apart like a house of cards. Anyone with a brain and a basic understanding of economics know the NDP government is driving towards a financial cliff and instead of hitting the breaks they are stepping on the gas.
Is it just the in thing to be anti oil, or are you all just retards. Buy off shore oil and make other countries rich. The dogma of the Left, who would drag us all down to their grubby level.