Great Reset fans are not happy where your investment $ is going
Kevin Carmichael from Financial Post posted an article criticizing Canadians wager on real estate while the tech revolution advances.
He is concerned about how much money Canadians are pumping into the real estate market, how detrimental it is to the health of our economy and the productivity of our nation.
He writes how “embarrassing” it is that they are not betting on the digital and carbon-neutral economy and its once-in-a-lifetime investing opportunity! Did he ever ask himself how many people really believe in the Great Reset and the benefits of a carbon-neutral economy and how many wonder who is going to pay for all this? What if his assumption of benefits is wrong? It seems to me that Canadians are voting with their dollars;-), namely if the current strategy brings the level of debt into a threshold where there is no chance to repay it.
No matter where you are as far as de-carbonization, you will be delighted with a very smart opinion piece written by one of my favorite gurus: Peter Tertzakian, deputy director of ARC Energy Research. In his last commentary, “Another commodity supercycle is coming, driven by electric cars, renewable energy”.
Alberta can take advantage of the overwhelming demand for anything you need to build EV vehicles. I myself invested some money in the mining of lithium brine which we have here at home, an essential part of Ion-Lithium batteries. At the provincial level, we can for sure diversify in the mining of renewable energy resources. We Canadians are lucky, that we have access to many of those necessary minerals and take advantage of them. See the following subheading from the CBC News article written by Stephen David Cook":
Lithium used in batteries found in brine already pumped by oil operations.
"It may sound paradoxical, but electric cars could soon be an economic driver for oil-rich Alberta."
The leader in Canada is a small Calgary-based company E3 Metals, you can learn about them here.
An Edmonton geologist will tell us why the province's oil and gas infrastructure could help Alberta become a key player in the lithium industry.