Andrew MacDonald
1.7K posts
All the oil industry advocates lining up to tell me that I am wrong and that, in fact, Canada's oil sands are a low value, very precarious investment is pretty funny. Lower ghgs per bbl to the global avg? Not possible! Keep it up, folks. Canadians will get the message eventually.
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@andrew_leach @peteremcc Rendered uninvestable not valueless. The other aspect of the investment choice, beyond the DCF analysis is the perception of future carbon prices and the govt’s desire to play nice with oil & gas vs say the govt on Angola.
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@peteremcc What probably makes it hard for you to understand is that you're trying to hold two inconsistent positions: that these projects are high-value but that they will suddenly be rendered valueless by a small change in carbon emissions costs.
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@Timodc @SarahLongwell25 When is the “let them eat cake” speech?
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@EnergyCredit1 No vaccine passport but you want a coke?ID NOW!!
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None of these 15 projects have been approved or are under construction, they have simply been referred to the Major Projects Office.
At some point soon we're going to need to start seeing shovels in the ground if "build at speeds not seen since WW2" means anything real.
Finance Canada@FinanceCanada
The #SpringUpdate outlines progress the government has made in advancing major projects that will connect and transform our nation. -15 projects -60,000+ jobs -$125 billion in new investments ow.ly/a7LP50YTx10
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@foolishyangban @LizSimmie And service is still not great, it’s a solid business hence the lack of service improvement
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@andy_mac62 @LizSimmie 277M in ground rent (to Feds) and payment in lieu of taxes (to Mississauga) for Pearson in a year is not insignificant.
Airports like Pearson turn a profit and reinvest it into capital expenditures. Much better than if those net revenues lined private shareholders’ pockets.
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The best airports in the world are actually fully government-owned! Incheon, Changi, Doha, Haneda, and Narita (top airports) are all directly owned or managed through government-owned corporations.
The argument for privatization assumes that a profit-maximizing firm would find some mysterious efficiencies and solve structural problems with Canada’s airports. It doesn’t take a private firm to run a world-class airport, as reality shows.
Bilal Akhtar 🇨🇦@bilal_akh
The privatization discourse is off the rails. Some of the best airports around the world are private or for-profit, in places with very cheap fares. Government spending is best focused on healthcare/education/etc, not a non-essential mode of transport with obvious user fees.
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@foolishyangban @LizSimmie Not impossible for sure, currently not getting great return on investment
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@andy_mac62 @LizSimmie It takes a capable crown corporation. Not impossible.
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So Drew Allar, Mason Rudolph and Will Howard in the Steelers QB room at the moment. Oh boy.
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@andrew_leach @grok Incompetence but doubles a weaponized misinfo
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Here's @grok making mistakes on BC carbon taxes. BC carbon tax was cancelled last year. Weaponized misinfo or incompetence? news.gov.bc.ca/releases/2025F…
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@ianbremmer Low cost hedge, you win the election and the grift continues. You lose the election and get a fat pay day. Win-win
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looks like orban’s family found a way to profit from his expected political loss.
insider trading on polymarket is for amateurs...
Bloomberg@business
An asset-management fund in the Equilor group of companies part-owned by Hungarian Prime Minister Viktor Orban’s son-in-law profited from financial-market bets on the strongman losing power bloomberg.com/news/articles/…
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@aaronjmars How tf is there $590k of volume in predicting the max temperature in a French city on a single day?
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holy fuck, a hair dryer at a Paris airport broke Polymarket weather markets & made someone $34,000 richer
- polymarket was settling Paris temperature bets on a single Météo France sensor sitting near the Charles de Gaulle runway perimeter - basically unguarded
- the guy bought the long-shot outcome (like "22°C" when everyone expected 18°C) for pennies, since nobody thought it'd hit
- then he walked up to the probe and briefly heated the air around it with a portable heat source, spiking the reading just long enough to register as the daily max
- temperature snapped back to normal in minutes, the market resolved in his favor, and he cashed out - twice, on April 6 and April 15, before Météo France caught on and filed charges
hyperstitions.
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@tylermeredith @gmacofglebe @fordnation Unfortunately the same logic leaves us with a completely unusable PM residence.
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The $29 million jet @fordnation insists he’s sold back is about as much as Ontario spent in 2024-25 on its entire school food program ($33m).
Think about that.
Ontario has stubbornly opposed expanding a program feeding hungry kids.
But there’s $29m for a 🛩️
#onpoli #cdnpoli
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Very true unless you are high earner. Property taxes much higher than many other states
Uzi@UziCryptoo
6 years of living in Texas and I've come to the conclusion that the no state income tax thing is basically a scam. The property taxes are so high that they negate any savings. We are still paying as many taxes in Texas as we would in California. You save on gas I guess.
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@EnergyCredit1 “The meeting continued in awkward tension.” 😂😂😂😂
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Whoa, didn't see that coming
Can recall more than a few peeps pumping Black Rifle Coffee
christo@christo92787346
@EnergyCredit1 Also having a CEO of stripping naked in front of workers to challenge one to buttfuck
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@bryancurtis Why pay for the sponsorship of the ball and hat if you shoot his back?
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Ideally, you want to see the ball go in the hole at the end of a major.
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Followed by a horrendous angle on the winning putt.
Bryan Curtis@bryancurtis
New Masters record for not finding shots on 18.
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What wave of public frustration?
Juno News@junonewscom
Poilievre says he is open to introducing a federal recall mechanism that would allow voters to remove Members of Parliament who switch parties mid-term, following a wave of public frustration over recent floor crossings. junonews.com/p/poilievre-to…
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