this post was submitted on 14 May 2025
49 points (96.2% liked)

Canada

9676 readers
630 users here now

What's going on Canada?



Related Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales


🗣️ Politics


🍁 Social / Culture


Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] RandAlThor@lemmy.ca 6 points 2 days ago* (last edited 2 days ago) (2 children)

Let them get very serious about separation. and its consequences. Only when they face it will they realize what they'll have. Or not have. I can tell you one thing - once they have their own currency, it will appreciate. It'll make oil production costs more expensive, make their oil and gas less profitable. Further, their currency becomes directly pegged to the oil price, with little to no stability which makes doing business and trade-dependent economy like theirs and ours more difficult and costly. They will ask to continue to use Canadian dollar and we should absolutely refuse it - they want the benefits without the costs.

Equalization payments are there for economic imbalances. Look at EU. Once Germany joined EU and uses Euro, it is like a currency depreciation making their goods more cost effective in the world market. Thus Germany enjoys a huge trade surplus. It's not a coincidence Germany has had huge trade surpluses since they went to a common currency. This surplus would shrink if they went back to their own currency, as the Mark will appreciate due to the trade surplus vs other currencies making their goods less competitive in global market.

[–] Mongostein@lemmy.ca 2 points 1 day ago

Albertan here. It’s not going to happen. Even the idiots think it’s an idiotic idea put forth by the biggest idiots.

They’ll still vote conservative though. 🙄

[–] SirDankbud@lemmy.ca 18 points 2 days ago (1 children)

Every mention of separation I've seen from Albertans involves them using Canada's currency, military, and pension plan. The people behind the movement are far too dumb to actually figure out their own country. It'll either end up being an instant US territory, or they'll collapse in a year or two.

[–] lost_faith@lemmy.ca 2 points 1 day ago (1 children)

Remember the term "Sovereignty Association"

[–] Tiger666@lemmy.ca 6 points 1 day ago (1 children)

Yes, because I was there.

The oil in Alberta belongs to Canada, just like the nickel in Ontario belongs to Canada, just like the hydro electricity in Quebec belongs to Canada, just like the fisheries in the maritimes belong to Canada.

The only things that don't belong in Canada are fascists.

[–] lost_faith@lemmy.ca 3 points 1 day ago

So very very true