Two problems with your suggestion: 1)not enough truck drivers, nor trucks to move that kind of volume (this has existed for nearly 2 decades and getting worse - google it). 2) refining CAPACITY isn't sufficient or they would already be doing what you're suggesting. Upgraders, refiners are UBER EXPENSIVE to build, and NO CAPITALIST is investing in new refining capacity for the last 10 years. This is why most of the refining is done where it's already built.
No. Oil and gas are very hard to ship. Canadian oil is of heavy type which most of the world doesn't use. Gas needs LNG terminals and we simply haven't built. EU has been urging Canada to build some in Quebec and Maritimes so they can reduce dependence on Russia. Most of the pipelines go to the US south for refining - in Louisiana and Texas. Canadian producers have no choice but to sell to them, at whatever they want to pay. That's why Alberta was bitching and moaning about building the pipeline to BC so that they can get a better price for their heavy oil elsewhere and Trudeau spent billions to appease them but that pipeline's been in limbo.
Oil and gas products were the single biggest export item to the US at US$128.5b in 2023. The next biggest category was vehicles at US$58b.
Oh this isn't ill will. It's good for them. Some lessons are hard. Hopefully Trump will give them some self-realization that they are not American but Trump's enemies.
Trust me, I know EVERYONE will get hurt by a trade war because each province trade with the US more than with each other. But one in particular will be brought to its knees.
On the other hand, I'd love to see a short trade war, because it hits Trump-loving provinces the hardest. Let leopards eat their faces.
On the one hand this is threatening and scary. On the other hand, this is Trump's way of declaring opening position on a new trade agreement. He's scrapping the old one he made.
Prices still aren't affordable despite this % decline.
Logical, though that's not an observed phenomena as far as I know. So many factors could be in play here too such as the mix of types of housing and floor sizes etc. Everything from tiny studios to 5 bedroom mansions are included in here.
If anything cutting rates would lead to increase in housing prices. New home price decline is in line with existing home price trends as well so this could be an indication of demand pressure softening.
They need to fire the leaders of Democratic party. Find new blood and new direction. Swing to the right didn't help them.
Alberta loves MAGA Trump. I don't think Trump loves them back.