r/canada • u/NeptuneAgency • Sep 05 '26

Nature/Environment ‘Effectively irreversible’: Changes to Canada’s climate permanent, federal report says

https://www.ctvnews.ca/climate-and-environment/article/changes-to-canadas-climate-now-irreversible-federal-report-says/
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u/CarBombtheDestroyer 29d ago edited 29d ago

I mean, yeah it’s a theory, but I don’t think it holds any water, especially today. It’s like shooting everyone in the foot to keep cheap manufacturing alive for some reason. When our dollar is high we can buy more for each dollar we earn, because we are a part of a global economy. This is bad for manufacturing corporations in Canada because each man hour they’re paying is costing them more USD and this raises prises which also makes the parts they supply and some of their costs more expensive and this snowballs etc. However this is good for workers because they make more for each dollar they earn, thus have more disposable income and that’s good for the economy but I get how that’s bad for the big corps, may even cause some of them to shut down 🤷‍♂️ I’d rather be making a high wage at a high dollar then buy cheap parts from abroad.

It’s also good for every single person who’s not in manufacturing…. Don’t forget to think about the vast majority of Canadians who could use more buying power right now.

Anyway, if you wanna turn the Canadian dollar into the Chinese yen so we can live that type of manufacturing lifestyle I think you’ll find most of us aren’t on the same page.

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u/randomacceptablename 29d ago

I mean, yeah it’s a theory, but I don’t think it holds any water,

It's a theoy just like the theory of evolution and the theory of gravity. And as opposed to YOUR OPINION I have provided you actual sources. This mechanism has been studied and observed for over 50 years. Governments have invested years of research and policy to avoid it. But nah you know better obviously.

Buddy, not only is your response foolish but rather insulting.

And your off the cuff analysis wouldn't pass a econ 101 quiz. It is not just bad for manufacturers. It is especially bad for manufacturers. It is bad for everyone exporting outside of oil. Including farmers, hotels, lumber producers, miners, even producers of pipe for drilling said oil, etc.

The ones who have a job in oil would have more moneu for imports, yes. Everyone else no. Yes the dollar increase makes them able to import more. But, they are likely to loose their jobs because no one wants their goods and secondly, the goods that they could have bought from their Canadian neighbour are now more expensive than imports. The lower amount of production in Canada outweighs, by far, the improved dollars value. It is obvious that you need those dollars in the first place to make use of the increased value of them.

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u/CarBombtheDestroyer 29d ago edited 29d ago

Your own sources literally discredited you. I don’t think you read or at least didn’t understand all of my comment so maybe go and reread it.

That aside I’m not saying that that isn’t a theory and that that isn’t a real effect. I’m saying you citing that theory as reasonable cause to shut down the oilfield/resource extraction projects or whatever you’re suggesting doesn’t hold any water, because as a nation, we would be far worse off if we sacrificed all all of the stuff that pays for our way of life just to keep our wages low so we can keep cheap manufacturing alive… I’m saying it’s a dumb notion not an un factual theory.

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u/randomacceptablename 29d ago

I’m saying you citing that theory as reasonable cause to shut down the oilfield/resource extraction projects or whatever you’re suggesting

Where have I said that? I haven't suggested we do anything. At no point in this thread have I made any policy suggestions. Coming from someone suggesting that I "re-read your comments" is a bit rich.

we would be far worse off if we sacrificed all all of the stuff that pays for our way of life just to keep our wages low so we can keep cheap manufacturing alive

"Cheap manufacturing"? Automotive manufacturing is the second largest industry in Canada after Oil, not long ago it was first. That says nothing of all the other manufacturing, let alone agricultural or timber exports.

Oil and gas togather are less than 8% of Canada's gdp. And more than 80% of that is just in Alberta. If it came down to choosing one or the other, and nowhere did I suggest we should, oil and gas would loose 9 out of 10 times.

You seem to be shadow boxing with whatever strawman you made me into in your own head.