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    #41
    Originally posted by AlbertaFarmer5 View Post
    But how do we take advantage of the next commodity super cycle when we can't even develop the resources we know about..
    We have missed the infrastructure window. All those cancelled projects under Trudeau unlikely to ever be resurrected, even with a new govt. Nobody is going to start anything with the prospect of another radical left wing govt coming to power.

    So best we can hope for is doubling of our current prices on current production.

    As globalism wanes we could be in for a bumpy ride. Our overseas customers might become less willing to purchase Canadian, especially a country like china if the US starts shooting at them.

    But with that decline comes a lower USD which is supportive for commodities and likely a voracious appetite for raw materials coming from that same country. That could spur the next level of investment in that sector.
    Last edited by jazz; Jul 7, 2024, 08:24.

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      #42
      Has the oil industry stopped? If the oil indsutry is dead how did they manage recent record profits?

      There are plans for all kinds of mines and resource development and investment including green investments in many parts of Canada.

      The renewable sector was so frothy in Alberta the UCP and Danny Smith had to step in to slow it down even though they don't pick winners and losers in the "freemarket"

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