Economy 52,844 Posted April 3 Share Posted April 3 (edited) https://www.bnnbloomberg.ca/business/2026/04/02/alberta-confirms-a-potential-us1-trillion-lithium-resource-what-happens-now/ The Province of Alberta which holds the 3rd largest oil reserves in the World (after Venezuela & Saudi Arabia) also ironically holds the 3rd largest estimated reserves of Lithium in the world valued at over $1T Yet it produces very little and the world depends on lithium from a few specific Countries particularly China. Alberta, Canadas wealthiest Province has long relied on oil revenue for its economic status and has been resistant to the worlds shift to renewables but this resource could give it a way out for a new industry that ironically powers the very thing killing oil Alberta is also growing enthusiastic of developing this resource and to make it marketable especially as new technologies help make the type if lithium present more economical and extractible Edited April 3 by Economy 1 1 1 Quote Link to post Share on other sites More sharing options...
Lucas 31,118 Posted April 3 Share Posted April 3 Slay Canadaddy! 2 Quote Link to post Share on other sites More sharing options...
Bronco 25,062 Posted April 3 Share Posted April 3 1 hour ago, Economy said: https://www.bnnbloomberg.ca/business/2026/04/02/alberta-confirms-a-potential-us1-trillion-lithium-resource-what-happens-now/ The Province of Alberta which holds the 3rd largest oil reserves in the World (after Venezuela & Saudi Arabia) also ironically holds the 3rd largest estimated reserves of Lithium in the world valued at over $1T Yet it produces very little and the world depends on lithium from a few specific Countries particularly China. Alberta, Canadas wealthiest Province has long relied on oil revenue for its economic status and has been resistant to the worlds shift to renewables but this resource could give it a way out for a new industry that ironically powers the very thing killing oil Alberta is also growing enthusiastic of developing this resource and to make it marketable especially as new technologies help make the type if lithium present more economical and extractible Throughout history there's always a pattern of established nations ignoring industrial progress because of the cost. And then they get outpaced and replaced by a newer industrial economy that adopted the new industrial techs... The gays know how to party 2 Quote Link to post Share on other sites More sharing options...
Economy 52,844 Posted April 3 Author Share Posted April 3 (edited) 32 minutes ago, Bronco said: Throughout history there's always a pattern of established nations ignoring industrial progress because of the cost. And then they get outpaced and replaced by a newer industrial economy that adopted the new industrial techs... Omg yes North America is lagging in so many things its laughable. Whenever I visit my family in Portugal it fascinates me how many things they are actually ahead of us now. And I realize Portugal is technically still considered an industrialized developed 1st world Nation but it is considerably less wealthy than Canada by most metrics (in fact it has one of the lowest GDP per capita on the list of Countries still considered developed in OECD) Canada would have been decades ahead of Portugal in development 50+ years ago in mid last century. North America was way ahead of Southern EU in industrial and modern development. Maybe more than even most Northern EU Countries Now lower income Central and South EU Countries are surpassing us in all types of things and its terrifying. Ill give some examples: - efficiency of public transportation - new EV adoption rates - they got unlimited data deals earlier than Canada and for cheaper - more interactive tech in stores and malls Etc etc etc. Specific examples are hard to come to mind but i know there was lots of random stuff everytime i go now and im like "we dont have this in Canada, we still do it the old school way" I got confused for parking in a place when I went to Lisbon cuz it detected my rentals license plate and when I payed i just had to enter that and then u exit and camera detects ur license plate. I had at the time not yet seen that in Canada and was so confused. I was waiting for the barcode paper u get that u have to push a button then slip it back into machine cuz thats the system most Canadian parking uses I finally saw that parking system in Toronto last month tho so were catching up and theres hope for us still Edited April 3 by Economy Quote Link to post Share on other sites More sharing options...
Morphine Prince 109,655 Posted April 3 Share Posted April 3 USA coming to FREE Canada soon 1 Quote Link to post Share on other sites More sharing options...
Gabe 2,587 Posted April 3 Share Posted April 3 Papa Carney better get crackin Quote Link to post Share on other sites More sharing options...
Murakami27 8,447 Posted April 3 Share Posted April 3 Oh we’re rich rich huh. Alexa, play Money Honey. Quote Link to post Share on other sites More sharing options...
LaLa 19,898 Posted April 3 Share Posted April 3 55 minutes ago, Morphine Prince said: USA coming to FREE Canada soon yeah this is an issue lmao we have water, oil, minerals and we're weak as hell 1 Quote Link to post Share on other sites More sharing options...
Killa 18,819 Posted April 3 Share Posted April 3 I did not know they got that much oil and now lithium (yey more pills for US lol) Schocked. Canada actually has the goods. Usa and china Better sit tight Quote Link to post Share on other sites More sharing options...
Killa 18,819 Posted April 3 Share Posted April 3 8 minutes ago, LaLa said: yeah this is an issue lmao we have water, oil, minerals and we're weak as hell Shook. How Is that possible. Politica really Is everything. Natural sources are a secondary matter Quote Link to post Share on other sites More sharing options...
StarstruckIllusion 53,564 Posted April 4 Share Posted April 4 “Canada” “Alberta” The oil lobby has already made half the province go into mass psychosis. We don’t need a whole new industrial to fuel treasonous bs Quote Link to post Share on other sites More sharing options...
Economy 52,844 Posted April 4 Author Share Posted April 4 19 hours ago, LaLa said: yeah this is an issue lmao we have water, oil, minerals and we're weak as hell Canada isnt that weak by global standards at least. We literally are just outside the top 10 largest military spenders in the world at #13 and that was true even before recent budget increases Problem is our 2 closest neighbours also happen to be literally USA and then Russia and compared to those two monsters were weak as hell Quote Link to post Share on other sites More sharing options...
Economy 52,844 Posted April 4 Author Share Posted April 4 (edited) 19 hours ago, Killa said: I did not know they got that much oil and now lithium (yey more pills for US lol) Schocked. Canada actually has the goods. Usa and china Better sit tight Canada is already the worlds 4th largest producer after USA, Saudi Arabia and Russia. Canada literally produces more oil than all OPEC Countries and middle east like Iraq, Iran, Kuwait, UAE, Quatar etc with the only exeption being Saudi Arabia And in reserves its: #1 Venezuela (their production is kinda surprisingly low tho for many reasons) #2 Saudi Arabia #3 Canada #4 Iraq Saudi Arabia has more than Venezuela in terms of oil dollar value tho. Venezuelas oil is crap quality and expensive to produce even though they have so much of it Edit: I think Canada is literally the only top producer in the world that isnt always on the news for conflict, human rights issues, war or other negative things so it goes unnoticed cuz u associate oil producers with that kind of behaviour. I will include the USA in that negativity too I think were also the only top producer that actually has half strict environmental standards. Norway would be the next major producer to fit that bill but they barely produce half of Canada so i wouldnt quite call them a top producer. Edited April 4 by Economy Quote Link to post Share on other sites More sharing options...
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