Pipelines, energy and natural resources

[Altair]

Agreed I think there is a business case, but, the outcome means lower prices, and a elimination of the price differential of cheap oil going to US refineries which will cut into the profits of many.

Canadian industry prefers small profitable fiefdoms to international market share.

Always has been, always will be.

 

[MilEME09]

Canadian industry prefers small profitable fiefdoms to international market share.

Always has been, always will be.

In hind sight, I wonder if we would have a much different playing field if petrocan was still a crown corporation. If it was i bet TMX would be owned by them today

 

[Altair]

In hind sight, I wonder if we would have a much different playing field if petrocan was still a crown corporation. If it was i bet TMX would be owned by them today

Oh, 100 percent. It's why privatization doesn't always work and why Crown Corps still serve a very important function.

Crown corps can tolerate risk, as the government will always backstop them. Private industry...no.

This may be outside the perview of this thread, but in the grand scale of Canadian Companies, which one has successfully pursued global expansion as opposed to being fat and happy within the Canadian economic space? Couche Tard and Brookfield? Telling that the guy who rans one of those is the guy running the country now, with a international focus.

Back to pipelines, if Oil and Gas companies have most reasonable restraints removed from them and still wont fund or invest in a pipeline, just toss them onto the pile of Loblaws, the big banks, and Weston as corporations that grow fat, lazy and happy with zero interest in expanding outside of Canada.

We need more McCains.

 

[brihard]

This may be outside the perview of this thread, but in the grand scale of Canadian Companies, which one has successfully pursued global expansion as opposed to being fat and happy within the Canadian economic space? Couche Tard and Brookfield? Telling that the guy who rans one of those is the guy running the country now, with an international focus.

TD, BMO, RBC, and CIBC all have significant U.S. subsidiaries.

 

[Czech_pivo]

TD, BMO, RBC, and CIBC all have significant U.S. subsidiaries.

TD has more branches in the US than in Canada.

 

[Czech_pivo]

TD, BMO, RBC, and CIBC all have significant U.S. subsidiaries.

Scotiabank has a very large footprint in the Caribbean, Mexico and Central/South America.
For certain the golden child in non-North American expansion.