More taxes to come down the road to pay for all of this. It makes striving to be a teacher or a governemnt worker looking like the only way to "get ahead" in Trudeau terminology with a decent pension at the end of the day rathter being in the private sector and being taxed to pay for Canada's largest employer - Canadian Government.
https://www.bloomberg.com/news/articles/2019-03-19/trudeau-spends-budget-windfall-on-laundry-list-for-voters?srnd=premium-canada
https://business.financialpost.com/news/economy/liberals-leave-themselves-little-wiggle-room-in-the-event-of-a-recession?video_autoplay=true
https://business.financialpost.com/news/economy/this-years-federal-budget-is-built-for-voters-not-business?video_autoplay=true
https://business.financialpost.com/opinion/another-sprawling-unfocused-budget-and-so-little-to-show-for-all-the-red-ink?video_autoplay=true
https://business.financialpost.com/transportation/autos/federal-budget-2019-electric-car-buyers-get-boost-with-5000-incentive-for-consumers-and-tax-write-offs-for-business
https://nationalpost.com/opinion/chris-selley-a-federal-budget-2019-from-a-government-that-has-abandoned-its-poetic-phase?video_autoplay=true
https://nationalpost.com/opinion/andrew-coyne-this-budget-is-a-testament-to-the-pleasures-of-endless-growth-federal-budget-2019?video_autoplay=true
https://nationalpost.com/news/politics/federal-budget-2019-everything-you-need-to-know?video_autoplay=true
https://nationalpost.com/news/politics/jobs-for-dogs-safe-space-regulatory-sandboxes-and-other-curiosities-from-the-2019-federal-budget?video_autoplay=true
https://nationalpost.com/news/politics/liberals-promise-billions-for-dairy-chicken-farmers-affected-by-trade-deals?video_autoplay=true
https://nationalpost.com/news/canada/federal-budget-2019-offers-first-time-home-buyers-a-break-with-1-25-billion-in-mortgage-relief?video_autoplay=true
Showing posts with label @CanadaBusiness. Show all posts
Showing posts with label @CanadaBusiness. Show all posts
Wednesday, March 20, 2019
Thursday, October 25, 2018
Canada's Former Finance Minister: A Voice of Reason
From a BNN interview today...
How competition is being killed in Canada through proposed carbon taxes, lack of pipelines as it relates to the very significant oil and gas industry and the depreciation practices in the USA that are attracting more foreign investment and capital expenditures.
Link to interview to be posted later...
How competition is being killed in Canada through proposed carbon taxes, lack of pipelines as it relates to the very significant oil and gas industry and the depreciation practices in the USA that are attracting more foreign investment and capital expenditures.
Link to interview to be posted later...
Friday, August 10, 2018
Latest Jobs Numbers in Canada: Remember That Bank of Canada Interest Rate Hike? Get Ready For a Plateau of Interest Rakes...or a Decrease...That's How Bad Things May Be
At the time of its July 11, 2018 overnight rate hike to 1.5% it almost seemed The Bank of Canada was giving itself a tool in order to decrease rates in the future as NAFTA uncertainty was ongoing, oil was rising. Now we have unattractive jobs numbers, a 5.8% unemployment rate that reporters and economists would like us to jump and down for (meanwhile in the big bad USA...~4.0%) and a Saudi political spat probably resulting in oil supply impacts to the refineries in Eastern Canada if it lasts beyond three months.
Not only is Trudeau silent on the whole affair, but no support from USA or UK proving how childish and needless this human rights hounding of a contry that will likely not change. With no economic benefits to score, only possible poll results to gain, Canadians now face the brunt of needlessly poking a holder of Canadian equities (130 points drop on the TSX the Monday after it was announced) that has claimed to be selling everything Canadian and likely will cut off oil supplies (yes Canada - oil from Saudi Arabia and such countries comes to Canada and flows down the St. Lawrence!).
"...Across the provinces, Ontario gained 60,600 jobs — all in part-time work — and the unemployment rate dropped 0.5 percentage points to 5.4 per cent for its lowest reading since July 2000..."
https://business.financialpost.com/news/economy/newsalert-canada-adds-54100-jobs-in-july-unemployment-rate-falls-to-5-8-2
Not only is Trudeau silent on the whole affair, but no support from USA or UK proving how childish and needless this human rights hounding of a contry that will likely not change. With no economic benefits to score, only possible poll results to gain, Canadians now face the brunt of needlessly poking a holder of Canadian equities (130 points drop on the TSX the Monday after it was announced) that has claimed to be selling everything Canadian and likely will cut off oil supplies (yes Canada - oil from Saudi Arabia and such countries comes to Canada and flows down the St. Lawrence!).
"...Across the provinces, Ontario gained 60,600 jobs — all in part-time work — and the unemployment rate dropped 0.5 percentage points to 5.4 per cent for its lowest reading since July 2000..."
https://business.financialpost.com/news/economy/newsalert-canada-adds-54100-jobs-in-july-unemployment-rate-falls-to-5-8-2
Monday, July 16, 2018
Who Is A More Irresponsible "Tweeter" - Trump or Trudeau? Just Look at Canada's Illegal Border Crossers' Crisis
"...U.S. President Donald Trump is an irrepressible and irresponsible tweeter, but so is Prime Minister Justin Trudeau.
In January 2017, Trump imposed a “travel ban” on seven Muslim countries, but Trudeau then sent out a holier-than-thou tweet that is costing Canadians hundreds of millions of dollars and creating a permanent burden.
On January 28, 2017 at 4.20 pm, Trudeau tweeted: “To those fleeing persecution, terror & war, Canadians will welcome you, regardless of your faith. Diversity is our strength #WelcomeToCanada..."
"...Before the tweet, border officials prevented 315 people a month from illegally crossing the border. Post-tweet in 2017, about 18,149 illegally crossed the border, then claimed asylum as refugees — even after entering illegally — and were allowed to stay, get welfare, education, housing, healthcare and work permits. By May 2018, the number of refugee cases pending has jumped to 54,906 from 18,348 in December 2016. That’s the population of Grande Prairie, Alberta or Granby, Quebec..."
https://business.financialpost.com/diane-francis/trudeaus-holier-than-thou-tweet-causes-migrant-crisis-now-he-needs-to-fix-what-he-started?video_autoplay=true
In January 2017, Trump imposed a “travel ban” on seven Muslim countries, but Trudeau then sent out a holier-than-thou tweet that is costing Canadians hundreds of millions of dollars and creating a permanent burden.
On January 28, 2017 at 4.20 pm, Trudeau tweeted: “To those fleeing persecution, terror & war, Canadians will welcome you, regardless of your faith. Diversity is our strength #WelcomeToCanada..."
"...Before the tweet, border officials prevented 315 people a month from illegally crossing the border. Post-tweet in 2017, about 18,149 illegally crossed the border, then claimed asylum as refugees — even after entering illegally — and were allowed to stay, get welfare, education, housing, healthcare and work permits. By May 2018, the number of refugee cases pending has jumped to 54,906 from 18,348 in December 2016. That’s the population of Grande Prairie, Alberta or Granby, Quebec..."
https://business.financialpost.com/diane-francis/trudeaus-holier-than-thou-tweet-causes-migrant-crisis-now-he-needs-to-fix-what-he-started?video_autoplay=true
Friday, June 15, 2018
"Trade Wars: A New Dope" - Trudeau Now Using Canada's Military History In Response to US Tariffs and "Security Threat"; Stoke the Patriotic Fires Now Justin, But Still No Substance in Your Arguments
http://business.financialpost.com/opinion/lawrence-solomon-trudeau-starts-a-trade-war-for-political-points-were-the-casualties
http://business.financialpost.com/opinion/trudeau-after-bungling-it-on-trade-and-pipelines-needs-better-advice-fast#comments-area
"..If Canada’s negotiators want to do what’s best for Canada, they should stop posturing before they do more damage to our industries. For starters, they should stop misrepresenting the U.S. position on steel and aluminum tariffs. The U.S. never claimed that Canada represents a national security threat, as Trudeau keeps repeating. To the contrary, the U.S. has specifically said these tariffs are not aimed at any one country: without tariffs to protect American steel and aluminum from foreign suppliers, these industries, which America needs for national defence, would go bankrupt..."
.
"...A decade ago, Canada had a US$78 billion trade surplus with the U.S. That surplus was more than halved to US$32 billion five years ago and it was halved again to US$17 billion last year. Five years from now, our ever-shrinking surplus with the U.S. may start to become an ever-growing deficit, particularly since the U.S. has blown past us as a producer of energy — our main exports to the U.S. We are not only at risk of losing this financial mainstay, with the U.S. no longer needing us for energy security, we are also at risk of becoming strategically unimportant..."
http://business.financialpost.com/opinion/trudeau-after-bungling-it-on-trade-and-pipelines-needs-better-advice-fast#comments-area
"..If Canada’s negotiators want to do what’s best for Canada, they should stop posturing before they do more damage to our industries. For starters, they should stop misrepresenting the U.S. position on steel and aluminum tariffs. The U.S. never claimed that Canada represents a national security threat, as Trudeau keeps repeating. To the contrary, the U.S. has specifically said these tariffs are not aimed at any one country: without tariffs to protect American steel and aluminum from foreign suppliers, these industries, which America needs for national defence, would go bankrupt..."
.
"...A decade ago, Canada had a US$78 billion trade surplus with the U.S. That surplus was more than halved to US$32 billion five years ago and it was halved again to US$17 billion last year. Five years from now, our ever-shrinking surplus with the U.S. may start to become an ever-growing deficit, particularly since the U.S. has blown past us as a producer of energy — our main exports to the U.S. We are not only at risk of losing this financial mainstay, with the U.S. no longer needing us for energy security, we are also at risk of becoming strategically unimportant..."
Monday, March 19, 2018
Thursday, February 22, 2018
No Fewer than Five Negative Articles About Justin's Indian Travels, The Liberals...Out of Six in the National Post This Morning
It must be easy to be a journalist these days covering the likes of The Justin and The Donald. Here at home in the Great White North, anyone who reads one of the national daily papers will have seen the Trudeau family posing in India. As one of these comments on the kids playing cricket, a visit to a Jama mosque, and other meaningless events on this taxpayer funder borderline vacation. The other, reports of eye rolling on the extra fashion choices in India, the embarrassing invite of a convicted terrorist Jaspal Atwal, and the upcoming utopic budget of gender equality, inclusiveness, and everything else that is feel-good that will be paid for by the never ending dollars from a unicorn's ass. Scrolling further down there is another regarding, "This country has racked up one of the developed world’s saddest records in attracting business investment".
With one day's worth of headlines like this, how does someone like this stay in power?
With one day's worth of headlines like this, how does someone like this stay in power?
Wednesday, January 31, 2018
"Policy-Based Evidence Making": How the Liberals Portray Circumstances to Achieve an Ideal (ie, "The Liberal Solution")
Never short on a study, or a scenario the Liberal spin machine is at it again, and this time in full view of the international Davos forum. Shockingly, with another "damn Canada" type speech to his political and business peers (cronies), The Justin has managed to manufacture an oppressive state of being in the Great White North to the point that such an elected official would not be expected to the leader of said country (Canada) but someone comparable to the likes of Stalin, Hussein, Mussolini, Mugabe, Kim Jong-Un, Castro (oh right, Justin likes him!). Selected quotes are below. All of this to portray The Justin as the "feminist saviour" that will lead all gender based discrimination out of the country as he merrily skips and plays his magical flute.
In relation to this article, a simple addendum to the Canadian Business and Corporations Act woud have sufficed, but no. Bill C-25 is now before the Senate. While no one should be discriminated against based on being a man, woman or, I have to now use "gender" to capture all, neither should this many resources, time and pay for our legislators be allocated to bring this justice.
As mentioned in the article, this is our Innovation Minister Navdeep Bains initiative and it reminded me, from several past posts, what does an Innovation Minister (@NavdeepSBains) do anyway? No one has been able to tell me.
Hats off to Terence Corcoraon (author) for his coining of the term "policy-based evidence making". It is bang on for this new Liberal regime.
http://business.financialpost.com/opinion/terence-corcoran-the-dodgy-studies-behind-trudeaus-radical-experiment-to-socially-engineer-canadian-businesses
Select quotes that The Justin has chosen to focus on (whether he believes the "science" or "facts" or Liberal math behind them)...
"Among women who were newly appointed to the boards of Fortune 500 companies, 77 per cent of them were white. Race, religion, sexuality, socioeconomic status — these are just a few of the ways that women are even further discriminated against.”
“Too many corporations have put the pursuit of profit before the wellbeing of their workers. The gap between the rich and the poor is staggering. All the while, companies avoid taxes and boast record profits with one hand, while slashing benefits with the other. But that approach can’t and won’t cut it anymore.”
When quoting McKinsey and Peterson Institute for International Economics reports, "“narrowing the gender gap in Canada would add $150 billion to our economy by 2026” and increasing the number of women in leadership positions from zero to 30 per cent “translates into a 15-per-cent boost in profitability.”
In relation to this article, a simple addendum to the Canadian Business and Corporations Act woud have sufficed, but no. Bill C-25 is now before the Senate. While no one should be discriminated against based on being a man, woman or, I have to now use "gender" to capture all, neither should this many resources, time and pay for our legislators be allocated to bring this justice.
As mentioned in the article, this is our Innovation Minister Navdeep Bains initiative and it reminded me, from several past posts, what does an Innovation Minister (@NavdeepSBains) do anyway? No one has been able to tell me.
Hats off to Terence Corcoraon (author) for his coining of the term "policy-based evidence making". It is bang on for this new Liberal regime.
http://business.financialpost.com/opinion/terence-corcoran-the-dodgy-studies-behind-trudeaus-radical-experiment-to-socially-engineer-canadian-businesses
Select quotes that The Justin has chosen to focus on (whether he believes the "science" or "facts" or Liberal math behind them)...
"Among women who were newly appointed to the boards of Fortune 500 companies, 77 per cent of them were white. Race, religion, sexuality, socioeconomic status — these are just a few of the ways that women are even further discriminated against.”
“Too many corporations have put the pursuit of profit before the wellbeing of their workers. The gap between the rich and the poor is staggering. All the while, companies avoid taxes and boast record profits with one hand, while slashing benefits with the other. But that approach can’t and won’t cut it anymore.”
When quoting McKinsey and Peterson Institute for International Economics reports, "“narrowing the gender gap in Canada would add $150 billion to our economy by 2026” and increasing the number of women in leadership positions from zero to 30 per cent “translates into a 15-per-cent boost in profitability.”
When You Do Not Recieve The Results You Want, Then Change the Rules...And Again
Once again, appeasing and bowing to the climate change "crusaders" and enviro-mental-ists, the Liberals are looking at ways to changing the approval regimes and processes...again. Even though the Liberals have technically "approved" certain pipelines, they can now wipe their hands clean of all party responsibilty as the approval rules down the road have alrady changed once.
In the name of "stakeholders" and "independence", the Liberals in fact have their fingers all over the pipeline approval processes (and other large infratstructure industries), meanwhile appearing squeaky clean to those who only read the nearest copy of 24 or Metro for their "news" fix (their converted).
Similar to a street busking musician enticing his passers-by with a quick handed game of "where's the peanut", both domestic and foreign investment are left bewildered as to how this country wants to manage, monetize and heaven forbid extract the resources it has been blessed with.
http://business.financialpost.com/commodities/energy/big-moment-for-energy-sector-as-trudeau-set-to-unveil-sweeping-regulatory-reforms-within-days
In the name of "stakeholders" and "independence", the Liberals in fact have their fingers all over the pipeline approval processes (and other large infratstructure industries), meanwhile appearing squeaky clean to those who only read the nearest copy of 24 or Metro for their "news" fix (their converted).
Similar to a street busking musician enticing his passers-by with a quick handed game of "where's the peanut", both domestic and foreign investment are left bewildered as to how this country wants to manage, monetize and heaven forbid extract the resources it has been blessed with.
http://business.financialpost.com/commodities/energy/big-moment-for-energy-sector-as-trudeau-set-to-unveil-sweeping-regulatory-reforms-within-days
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