human
Rich, I am glad you are not running our country if you see that as good news.  Canadian companies picking up oil and gas assets for a song because no one else wants to buy them.  And who is financing the purchases.  Cardinal energy picked up some assets from an American company and struggled to finance it, because people are starting to see Canadian oil and gas assets as "stranded".  Good news eh.  Your social programs depend on economic activity in this country and the fact that oil and gas assets are being left out to dry is good.  Ha ha.  When I say financing is tough, I also mean that although these assets were purchased, they need to be developed.  A Canadian market that suffers from limited takeaway capacity and endless red tape are going to have trouble getting investment (or using cash flow) to finance them. Is this the plan...so that Canadian companies can buy the properties back on the cheap.  Ha ha.  Some master plan. hahaha
gpt
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