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At least he better than his mentor

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  • boarderbloke
    Senior Member
    • Sep 2007
    • 1991

    #21
    If Devine hadn't built the Shand Power plant and the associated dams, we would have never been able to supply this recent oil boom and the extra 100,000 residents in this prov. Of course you require debt when building capital project of this size, sad how the ndpers and media still slagging Devine.

    How many people in this prov. build a house from scratch and pay for it all in the same fiscal year?

    Very glad that Brad paid down our U.S. bankers with par CAD's when he did rather trying to pay it with 70 cent dollars, it would have taken a hell of a lot more dollars via taxes or royalties.

    Comment

    • bobofthenorth
      Senior Member
      • Oct 2002
      • 517

      #22
      Thank you Larry for that reality check.

      Arguing with a socialist is like mud wrestling with a pig. Even if you win you'll get covered with shit and the pig won't change his thinking one iota.

      Comment

      • LEP
        Senior Member
        • Feb 2007
        • 2524

        #23
        The NDP never wanted to pay down "Grant Devine's debt" it was too good of a rallying point.

        We were just a "wee province" by the way.

        Riders you keep saying 100 oil where did the money go. I think they state that oil brings in 700 million. Highways alone took 250 to 350 of that.

        Then you have the perennial health and education sectors that could soak up as much as you throw at them.

        Add a few years of flooding and wild fires and there you go. All of that and still the second lowest debt level in Canada. Wait a year and we will be the lowest.

        Comment

        • bucket
          Senior Member
          • Jan 2008
          • 17033

          #24
          If Devine hadn't built when he did someone should do the math on the debt and the costs to do today.

          Big payoff. Sadly the ndp sold for too cheap as well.

          No one analyses those mistakes.

          Comment

          • mustardman
            Senior Member
            • Aug 2006
            • 2105

            #25
            Bob of the North. Well let's just say that we were so close to bankruptcy in the early 90's that even "pay day loans" would have passed on Us

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            • bucket
              Senior Member
              • Jan 2008
              • 17033

              #26
              Looking back that's not true.

              Only those that had blinders on would say that.

              How many people would put their hand up saying they would default on saskatchewan back then.

              I was buying saskatchewan bonds because I thought the vision made sense.

              What vision can you invest in by the saskparty today?

              Comment

              • checking
                Senior Member
                • Feb 2008
                • 2393

                #27
                In my world, the first $5 billion should not have been allowed, and all else after it would not have happened.

                But, what the hell, now we have P3's to cover that for the Sask party.

                Comment

                • Grahamp
                  Senior Member
                  • Feb 2013
                  • 295

                  #28
                  It never ceases to amaze me how the left/Ndp insists that if the money didn't go through the governments hands it was lost or never existed. I moved to Saskatchewan from Alberta in late 2008. This is now home I know make fun of Alberta like I have lived here all my life.It was a great decision for myself and my family. The guy running the Tim Hortons in Weyburn, the Mother whose children have all moved back, the kid who struggled in school but now has a good job welding, and yes even the farmer are profoundly better off than they were 7 years ago. Money does not have to flow through the governments hands for it to make a real difference, then only the politically connected or elite benefit, it is when it flows through the hands of the average joe that it makes the lives of the masses better. And in the case of Saskatchewan much better.

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                  • riders2010
                    Senior Member
                    • Aug 2010
                    • 2205

                    #29
                    The artificially too high price of oil worldwide has caused countries such as ours all focused on oil to become way more vulnerable and less adapt to take advantage of future the real changes we need to make.

                    If you were a farmer next to oil and were either small enough to have a job in the patch or big enough to owns company in the patch that is good for you. But if you have nothing to do with the patch farmer or otherwise the oil development has been nothing but a huge cost for you and municipalities. That welder you talk about is charging farmers probably 3 times what should be charges because of he patch. And that's the same for anything there including truck drivers.

                    The rest of us have been scammed by oil industry for decades. Oh my we re going to run out in ten years so have to dig everywhere have to start wars etc etc.

                    If it wasn't for good luck of oil going down and the dollar crashing tell me what a bushel of canola would be? 6 or 7 bucks and fuel would be 1:50 a litre, tell me a farm that wouldn't be in trouble especially when if oil was booming interest rates would be going up. Tell me how many farms or everyday people or businesses not connected to oil could handle that price of fuel, interest rates and what would likely be a welder charging 4 times what they should?

                    So the reality is the oil is only good for those in it or oil s buddies with inside info on land deals etc. For the rest of us it's s shit show if you are a true farmer you don't want oil to develop here.

                    Comment

                    • bobofthenorth
                      Senior Member
                      • Oct 2002
                      • 517

                      #30
                      Some of you guys need to take a deep breath, sit back and actually think for a while.

                      Oil is just another commodity - the price goes up and the price comes back down. When OPEC drove the oil price skyward in the 70's some of us are old enough to remember what a shock that was to the economy. It went up for a long time but now its come back down. The only difference this time is we've got a bunch of chicken littles telling us we can't use oil because its bad for the planet. Once we get past that nonsense someone will figure out that cheap oil is a good thing for manufacturers and most industries, including agriculture.

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