@foolishyangban People don’t care rn bc we have enough commodity revenues where it doesn’t matter, people will care if the compound interest starts necessitating service cuts à la 1993
@fuzzbool Fair but I think Mulroney's handling of Meech Lake and Charlottetown were particularly egregious and his comical amounts of corruption don't help either
@AmogUs20859044@wongler_mode@Gaismair For 1979 America it certainly was, Connally's 1980 campaign was basically DOA after this and he was widely derided in the media: https://t.co/aTgcSS9xHw
@foolishyangban Lmao no the reaction would be much worse, at best the separation referendum would be 50/50 and at worst you'd get an Albertan FLQ. No Albertan wants price controls on oil, nor Federal control over oil, and especially not a 300%+ spike in unemployment.
@memberofagang@drowldr 2/2: demand for Canadian energy outstrips current + planned capacity, hence why APAC + germans lobby us
2) Agree Albertans want to stay, but linking their economy to Canada instead of the US will make it much more difficult for future prov. govt to toy around w/ separatism
@memberofagang@drowldr 1/2: There's no (major) private proponent for a pacific pipeline because the Feds made regulatory uncertainty too high (hence corpos bailed under Trudeau). But companies are still spending like crazy to build new infra that goes between Alberta + US bc more regulatory certainty
@Lux_Stella_ For sure but that risk will more affect Calgary real estate than anything material in O&G or related investment. Closest comparison would be the Scotland referendum. Ironically best way for Feds to create a threat of capital flight is by moving forward on a Pacific pipeline.
@Lux_Stella_ I mean in the case of an eventual seperation vote victory in 1yr+ (wherein a Clarity-Act approved referendum somehow recieves a huge popular backing) Feds just run Chretien's '95 playbook and do sovreingty-association (i.e. devolve a bunch of legilslative powers to the province)