Canada: Thousands to protest Trans Mountain

88m3

Fast Money & Foreign Objects
Joined
May 21, 2012
Messages
85,453
Reputation
3,536
Daps
150,732
Reppin
Brooklyn

Oldschooler

All Star
Joined
Nov 19, 2016
Messages
2,290
Reputation
-215
Daps
6,217
Canada has the 3rd largest proven oil reserves in the world but they've suffered economically because their oil comes out at a very high cost. Thus you notice whenever the price of oil is high they do well economically and whenever it is low they suffer. Although these pipelines will help them now - in the long run as the world moves onto renewable and nuclear it doesn't help them. Canada needs to diversify their economy.
 
Top