Andrew Leach
@aleach.ca
10K followers 890 following 200 posts
Professor of Economics and Law at the University of Alberta. Interested in climate change, constitutional law, and energy infrastructure. Find me here or on the web at aleach.ca.
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aleach.ca
Excited to be heading back to Ottawa for this event on Oct 9. Hopefully you can join us, in person or online.
thewalrus.ca
Worried about climate change and the impact of disinformation of policies and strategies to combat it? Then you can't miss Max Bell School of Public Policy presents Climate at a Crossroads.

Join us on October 9, in Ottawa or online. climateatacrossroads.eventbri...
Reposted by Andrew Leach
senatorpaulasimons.bsky.social
No. He hasn’t stopped with this delusional nonsense. “We don’t need their oil. We don’t need their cars.” Don’t think for one minute this this is over. #cdnpoli
atrupar.com
Trump brings up "Governor Trudeau" and says, "I have to be honest. As a state, it works great. As a nation ... why are we spending $200 billion? It doesn't make sense."
aleach.ca
It shouldn't but, and I hope that remains true. But a free trade deal should also mean no tariffs, so I guess we'll see. But, if we get into turning off taps, the transshipment must be on the table.
aleach.ca
The biggest issues are Sarnia and Montreal, which rely on Canadian crude moving through the US.
aleach.ca
From last night. Don't let anyone convince you that "we export crude and import the refined products back to Canada." that's not how it works.
aleach.ca
Here's Canada's refined product sector. We basically produce what we use, with exports and imports on the margin for most products.
aleach.ca
It's rhetoric brought from other industries where the scarcity lies at different points in the supply chain. Little profit in logs relative to lumber or furniture. Trees are plentiful. Large oil resources remain relatively scarce.
aleach.ca
1. The returns on refining pale relative to extraction, and we're not short resources.
2. Labour has opportunity costs and refining is also one of the least labour intensive industries around.
3. We already do that.

Old, tired arguments based on mythology of where the margins lie in oil and gas.
aleach.ca
aleach.ca
Here's Canada's refined product sector. We basically produce what we use, with exports and imports on the margin for most products.
aleach.ca
and that, in most months, we produce more than we need.
aleach.ca
It should not be, but who knows?
aleach.ca
Here's Canada's refined product sector. We basically produce what we use, with exports and imports on the margin for most products.
aleach.ca
In theory, almost all of it.
aleach.ca
We produce most of our own products. The bigger issue is that we move a lot of our crude *through* the US to Ontario and QC.
aleach.ca
Very small net exporters.
aleach.ca
Short production curtailment of what? Products? Or crude + bitumen?
aleach.ca
It's EIA data for the US.
aleach.ca
I don't understand what you mean? Almost all of our refined products do remain in the domestic market.
aleach.ca
Too many Canadians are under the impression that we export crude and import refined products in our trade relationship with the US. The first is true, and the second is true to a much smaller degree only in some parts of Canada for some fuels. In general, we're net exporters of refined products too.
aleach.ca
Offered without comment: almost all of the US supply of nuclear fuel is imported. Here's where it comes from:
aleach.ca
Oh, hello existential dread and related feelings.
aleach.ca
There was never a time when every hard worker had a pension. And if you factor in the share that are public sector here, a class of people PP likely doesn't think of as hard workers on the whole, the story gets even more ridiculous.
tammyschirle.bsky.social
Graphs that come in handy.

2/ Registered pension plan membership in 🇨🇦, 1976-2021