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The Dollar is over 80 cents US! (pg. 2)
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| Jayx1 |
| The things that hurt me the most right now are oil prices (thanks bush!) higher taxes (thanks dalton!) and higher electricity prices (thanks again dalton!) |
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| j_spot |
whatever you guys do, dont let them de regulate electricity
Alberta did, and after a bit, Ralph even said it didnt go as hoped
hmm..wait, isnt that what California told us?
POWER DEREGULATION=BAD NEWS! |
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| rabbitjoker |
| quote: | Originally posted by j_spot
POWER DEREGULATION=BAD NEWS! |
You're on crack.
There have been many successful deregulations of the electricity sector around the world - all which have benifited the consumer, environment and gov't alike. |
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| j_spot |
| ok, well California warned Alberta, we did it anyways, and got hooped at it. |
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| amb_ |
Uhh, wasn't it Eves, along with Epp and Stockwell, who waffled on deregulation and imposed the nonsensical hydro rate cap?
| quote: | Originally posted by Jayx1
...and higher electricity prices (thanks again dalton!) |
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| malek |
yes a strong dollar is bad for exportation theorically...
still, our closeness to the US market (we're next to them) is an undeniable stenght. This year Canada's export numbers have been surprisingly high even with the "strong" dollar.
A strong dollar is very important for our competitvness, it helps Canadian entreprises to upgrade their machinery and production tools (software too) because most of them come from outside the country.
In the long run a strong dollar is always better than a weak one. |
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| rabbitjoker |
| quote: | Originally posted by malek
In the long run a strong (US$) dollar is always better than a weak one. |
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| discojoe |
| quote: | Originally posted by rabbitjoker
You're on crack.
There have been many successful deregulations of the electricity sector around the world - all which have benifited the consumer, environment and gov't alike. |
He gave two good examples where that is not the case. Ontario has been the third. What a ing mess deregulation has been. Anybody want an example of how not to run an energy program take a look at our past conservative government.
As for the dollar, one of the reasons it probably pushed ahead today is the rate hike over the weekend here in canada combined with a lack of an expected rate hike in the united states. Jay is right that combined with higher oil prices, and a canadian economy running at full capacity are what is fueling this. But at the same time. All of the other currencies around the world have been appreciating to the american dollar (with varying degrees).
In my opinion a higher dollar is a good thing. One of Canada's biggest economic problems has been its tumbling productivity over the past few decades relative to the united states and parts of europe. Canadian companies could run more ineficiently because the dollar helped them sell it at a lower price. The higher dollar (relative to the american dollar, our biggest trading partner) would force companies to run more efficiently to compete.
edit Canada's 'surprising' success in exports despite the dollar appreciation would back this. |
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| rabbitjoker |
| quote: | Originally posted by discojoe
would force companies to run more efficiently to compete. |
IMO the problem is more with workers and their socialist attitudes, attitudes ingrained within Canadian society - not a low dollar.
Hour for hour - Canadians produce less. Not because of a low dollar - because of lazy unionist ideals. |
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| discojoe |
| don't mix what's best for you rabbit with what is best for a country |
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| rabbitjoker |
| quote: | Originally posted by discojoe
don't mix what's best for you rabbit with what is best for a country |
How is uninspired, under-producing unionists good for a country? |
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| discojoe |
| quote: | Originally posted by rabbitjoker
IMO the problem is more with workers and their socialist attitudes, attitudes ingrained within Canadian society - not a low dollar.
Hour for hour - Canadians produce less. Not because of a low dollar - because of lazy unionist ideals. |
Well i am certainly not only blaming the dollar for our inneficiency, but I don't believe it has everything to do with our socialist ideals. Canada has always been leftward leaning relative to your country, but there was a time not all that long ago that canada was a more productive country. The rift between our countries is only a recent phenomenon. Besides if socialism is the problem how would you explain scandanavia's recent strength in productivity and other economic indicators vs. the United States. |
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