Thread regarding ConocoPhillips layoffs

Just buy an electric car. cut gasoline right out and we will fix the world.

have you heard of global warming

@1lcu - it may be true that they will land jobs, but I'll be shocked if they receive the same pay and benefits (or even close). So they'll contribute less taxes and have a higher burden on the government - how does that help the greater good? Someone has to pay for all these vanity projects the current administration has going on.

Increased activity in solar panel at 4$ a week.

Oh it fits quite nicely actually. See when when companies spend capital they hire people to complete the work. Yes, 300 people at CPC will lose jobs (due to the deal) which s---s and there's no sugar coating it for those individuals (except they'd be even more screwed without government help to get them through tough times)but far more than that will be hired across Alberta as a result of increased activity.

You can also add the fact 300 people no longer have a job. Fit that into your anti-conservative narrative...

I would like to point out that with the sale to Cenovus these assets are actually going to get more capital funding than they did under the conservatives and at lower commodity prices. Fit that into your anti-progressive narrative...

Totally agree that Government tax regime & regulations (current and planned) have everything to do with companies taking their capital to a jurisdiction that treats it better. Hopefully all those fat gov't pensions get cut in the next major downturn, otherwise those taxpayers fortunate enough to be be working will be stuck with the bill

Haha never mind that COP made its own assets unprofitable by delivering late and over budget. Add to that that the cost of production in Oilsands was expensive before the boom.

• Corporate tax increase of 20%

• Carbon tax

• Royalty and regulatory changes and uncertainty

Yes, in fact the NDP and Liberals did have something to do with the business conditions in Alberta that led to CP pulling up stakes.