this post was submitted on 27 Jun 2026
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The whole economy is supported by a housing bubble that's too big to burst and oil and gas that's about to be phased out within a decade for renewable energy. Until we bring back our manufacturing sector back up, we ain't got shit.
Capitalists will always go the cheaper route. If a country wants manufacturing to move to them they'll either need to allow slavery or have it be state owned.
Capitalists have no use for Canada's metals because China will sell it for less, have more readily available, and has the factories to support the business. Meanwhile Canada doesn't even refine their own oil.
So what do you mean by that? We refine our oil the stuff we use ourselves. If your talking about refining all the oil we extract then of course we don't. Refined products have a shorter shelf life.
Most of our oil is shipped to Texas to be refined then we buy it from them.
So why didn't Alberta invest in refineries the last two boom cycles? Because Alberta.
Alberta NDP did, UCP is anti-oil though and closed/cancelled them.