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Ukraine - Superthread

If only there was an ally with adequate reserves...

Or a national government that had a clue about what our economic potential is, or cared:

Opinion: Maximizing Western Canada’s huge economic potential key to building a stronger economy​

With Parliament returning, the federal government must turn its attention to developing a serious plan to grow our economy. As part of this plan, the government must focus on measures that enable western Canadian businesses to scale and access growing global economies looking for safe and secure natural resources the West can provide.

With its extensive natural resources, Western Canada has long been both a robust economic engine in Canada as well as an established world leader in many crucial economic sectors.

Despite already accounting for nearly 40 per cent of Canada’s GDP, untapped potential remains. Successfully and sustainably bringing the immense natural wealth of Western Canada to international markets will drive country-wide prosperity.

The federal government must realize that, as the pace of change facing Canadian businesses accelerates, companies need to be agile and adapt to remain competitive and generate long-term economic growth. To help them do this, the government should address four key areas.

We have a million unfilled jobs in Canada right now, with the West seeing the lowest unemployment rates in Canada. To grow our economy, the government needs to address worsening labour and talent shortages.

At the federal level, this means collaborating more closely with provincial, territorial and municipal governments, and with the private sector, to better understand labour market needs across the country.

In short, Canada needs a comprehensive strategy that looks at immigration, reskilling and up-skilling, new training approaches and talent pipeline management systems all working together.

Canada’s agricultural sector, anchored in the West, is a world leader in quality, innovation and sustainability. With over 100,000 farming operations and 85 per cent of Canada’s farmland, the continued competitiveness and sustainability of the western agriculture sector is vital to Canada’s economic expansion.

But the agriculture sector continues to be constrained by extraneous regulation. The sector needs a regulatory regime that is robust, adjustable and evidence-based. Enabling innovation and economic growth, particularly exports, must be a top consideration for regulators. As Parliament resumes, the government must continue to support and incentivize the agriculture and value-added food sector. This includes continuing to partner with western Canadian businesses on research, product development and the commercialization of the sector.

As Canada’s gateway to over 170 trading economies around the world, western Canadian ports handle $1 of every $3 of Canada’s trade in goods outside North America. But the capacity of Canada’s West Coast to serve much-needed long-term export growth is quickly becoming constrained by shipping terminal congestion and a lack of warehousing and industrial lands.

We must make major, strategic investments in Canada’s trade infrastructure to grow and sustain our economy. We can’t wait a decade to move projects forward. Because of its strategic location, Western Canada can power major economic growth if we are prepared to eliminate barriers and renew and strengthen infrastructure to meet long-term goals. The government must commit to a trade gateways strategy that will set the tone for investments across all levels of government and the private sector.

As the world transitions to a lower carbon future and as the geopolitical environment realigns in response to the Russian invasion of Ukraine, Western Canada can provide secure and safely produced energy that growing economies need. Our new “green helmet” should reflect the role our low carbon energy, natural resources and critical minerals can provide to countries in need.

It is crucial the government acts to improve Canada’s regulatory environment to help attract the investment capital needed to create new energy assets, including liquid natural gas and hydrogen. Government needs to act with a sense of urgency and clarity to make sure we take advantage of our ability to support the global need for energy and natural resources. Getting out of our own way will promote responsible extraction, value-added processing and end-use manufacturing here in Canada.

A strong Western Canada is critical to a strong Canada. And Western Canada has the goods the world needs. Adopting these priorities will not only support western Canadian business but will lead to a more prosperous Canada.

Tamara Vrooman is CEO of the Vancouver Airport Authority and Susannah Pierce is president and country chair Canada for Shell Canada. They co-chair the Western Executive Council of the Canadian Chamber of Commerce.

Having a PM that cared would actually be a step up, in my opinion.

- Our PM actively shoots down oil & gas projects, even one in Quebec which would have employed 14,000 during it’s construction. (The one above, and the Tekk project in Alberta were the biggest 2)

He also hinders what’s left of our aviation industry, especially now that a company is setting up shop near Calgary.

- Does everything he can to drive inflation up, and his solution is to keep doing those same things. And when the interest rate of people’s mortgages rises by even 1% or 2%, plenty of people won’t be able to afford their mortgages anymore…

It’s absurd people have to pay almost a half million just for a decent house in a decent neighbourhood.

I’d say he’s taking his role in the Great Reset pretty seriously, and actively working against our economic interests.
I think they met their defenestration limit for the year, now they have to find other everyday household hazards.
Nah. I think people are getting wise and have been putting safety cages and or locked shutters on the windows.
I think they need the NG for heat and industrial uses. The one BASF plant has something like 100,000 employees and uses as much NG as all of Denmark. The electricity market is a separate matter and acting like markets sometimes do. Still it was a mistake to shutdown some of the nuclear reactors or at least premature
In context, Denmark has been weening itself off non-renewable energy for decades. NG was never really used much there.
Denmark is not a country, it's a municipality with pretensions, it's only slightly bigger than the Lower mainland.
don't forget Lego and the largest western ocean shipping and logistics company. I didn't mind the beer, if you can afford it. After that.......I got nothing.
don't forget Lego and the largest western ocean shipping and logistics company. I didn't mind the beer, if you can afford it. After that.......I got nothing.
Singapore is worth more per Square Km. Neither are really a country when it comes to infrastructure.