‘Carney has blind spot for Canadian oil’

Re: You can’t build Canada without a pipeline — Danielle Smith, Oct. 6

Why does Prime Minister Mark Carney’s “Buy Canadian” policy exclude Albertan oil? How can Canada become a self-sufficient energy superpower while importing crude oil into Ontario, Quebec and the Atlantic provinces? Canada spends approximately $20 billion annually importing oil into eastern Canadian provinces. Every year eastern Canadians convert $20 billion Canadian dollars into USD to pay for the imported oil they consume. Essentially $20 billion Canadian dollars are exported from Canada’s economy annually.

National income increases as money circulates through the economy. Basic economics calls this circulation of money the multiplier effect. Using a reasonable Marginal Pro

See Full Page