Now I understand why my Canadian friends are so upset about the election of Donald Trump. 
                                              Canadian jobs are at risk of flocking south under Trump
 
                                                                                                                                                                                            By                                                                                                                                                                          
Lorne  Gunter , 
Edmonton Sun : Saturday, November 12, 2016   
Donald Trump’s election to the presidency is really bad news for the  federal Liberals. It is equally bad news for their provincial  counterparts in Ontario and for the NDP wrecking-ball of a government in  Alberta.
Trump is not bad news because his victory has caused progressives’ hair  to spontaneously combust (although that’s been fun to watch) [CaptRenault: I agree 

 ].  And his  rattling of politically correct elites in the U.S. threatens to generate  a spillover rattle in Canada.
But that’s not why he is trouble for them.
Trump is a danger to our federal and provincial governments because two  of his policies with the greatest chance of being implemented quickly  are corporate tax reduction and a no carbon tax.
In a world in which capital, plants and jobs move quickly and  (comparatively) easily, if Canada and its most industrial provinces have  uncompetitive corporate tax rates, plus heavy environmental regulations  and carbon taxes/pricing, business and employment will drain quickly to  the States.
Starting in less than two months, Alberta’s government will impose a new  carbon tax on everything that moves. The $3 billion it is slated to  raise annually will be a tremendous added burden on the province’s  already depressed economy.
Even when it looked as if the Democrat candidate, Hillary Clinton, would  win and continue President Barack Obama’s climate-alarmism policies,  Alberta’s oil companies were having trouble attracting investment  because of the impending carbon tax.
But that difficulty wooing investors will double or triple now that  Trump has won. With an anti-green Republican in the White House and  Republican majorities in both houses of Congress, there is almost no  chance the U.S. will adopt its own carbon pricing.
Already uncompetitive Alberta will become even more uncompetitive as U.S. taxes go down and Alberta’s go up.
Beginning in 2018, when Ottawa’s carbon tax kicks in (and increases and  increases and increases every year until 2022), the job-killing effects  will be spread nationwide.
The same is true of Ontario. Nearly a decade of “green” energy obsession  has produced few environmental benefits, but it has given Ontario the  highest electricity costs on the continent.
Power costs are the third or fourth highest input cost in most  manufacturing operations. So the doubling of hydro rates since 2009 has  helped drive away hundreds of thousands of jobs. And they have not gone  to Mexico, but rather to Ohio, Michigan and Iowa, among other states.
The green policies of Ottawa and the provinces only made sense if  Clinton had won and followed our lead. If Clinton had won, the  competitiveness gap between Canada and the U.S. wouldn’t have been as  large in the Americans’ favour as it is about to become.
But now the gap on carbon taxes and environmental regulations is going  to be – as Trump says in his New Yorker accent – “Yoo-ge.”
That carbon-tax gap is bad enough, but Trump has also promised to lower corporate tax rates Stateside.
Believe it or not, Canada actually had an edge over the U.S. on  corporate taxes when Stephen Harper was our PM and Obama was the prez.  Indeed, the U.S. has one of the highest rates of corporate tax in the  industrialized world.
If Trump even just rolls back those rates to Canadian levels, that will make the U.S. more attractive still.
Trump could also reinvigorate the coal industry in the States and stop  the forced closure of coal-fired power plants, further lowering U.S.  power costs.
Canada’s Liberals and New Democrats live in an isolated fantasyland. In  their minds, if they simply will something – such as a prosperous,  zero-carbon economy – it will be so.
They’re about to find out the hard way what hogwash that is.