Showing posts with label Infrastructure. Show all posts
Showing posts with label Infrastructure. Show all posts

Wednesday, May 17, 2017

China Moving in "One Direction" With One Belt One Road While Federal Liberals Are Taking Canada in the Opposite Direction

As China announced a monumental infrastructure effort that will require enormous amounts of capital over the weekend at its symposium (various opinions are out there on this program) Canada's Federal Liberals have decided that development, progress, infrastructure maintenance nevermind NEW infrastructure will be forever mired in studies and regulation based on their own interpretations of "what Canadians want". 

The Liberals' election platform (remember that $10B deficit....for infrastructure?) may turn out to just be the deficit without infrastructure considering the extra approval body created and "where's the peanut game" of transferring control and veto powers to these various bodies (bona fide or not).

Their own infrastructure plans that they have sold to Canadians may never ever be built due to the Liberals view of "science based" conclusions and constant changing of the rules to have the outcome they want. That new subway line, critical bridge, new hospital location, additional university building or housing will have to answer to the bugs, bunnies and mice that may need to be transplanted or the carbon created put on hold....for the next election, or worse, new approval body to be formed to stet the whole review process all over again. The NDP may actually win an election by the time anything will be approved under the Liberals' new rules!

http://www.financialpost.com/m/wp/news/blog.html?b=business.financialpost.com/fp-comment/terence-corcoran-1-fake-bank-2-project-smothering-energy-panels-the-liberals-3-pillars-of-stagnation&pubdate=2017-05-17

Tuesday, November 1, 2016

Deficit...Infrastructure Bank...No Matter What It Is Called, the Liberals Are Drunken Sailor Spenders

(from a much earlier post found in "draft" folder that appears I forgot to hit "send") 

See earlier post, "Like Father, Like Son", this elected Canadian federal government is out of touch and out of control.  Yes the Canadian economy is weak and slow to any recovery. Yes we are tied to the US GDP (which is weak and slow). Yes there are tens of thousands of Albertan oil sands workers out of work (I can hear Notley and Mulcair smirking).  Yes the unemployment rate in Canada is 7.0%....yes 7%.0!!!! Yet this government wants to "spend their way out of it" selling an infrastructure financial panacea, increasing immigration levels (unemployment? that's right...7.0%) and pressing on with seasonal foreign workers (remember 7.0%?). The Liberals' drunken sailor spending habits and fictional math skills are a toxic combination for all Canadians.

But if you live in Ontario, you also have Wynne ("The Kathleen") to deal with. One day after hallowe'en and I'm feeling spooked all over again! 

Deficit...Infrastructure Bank...No Matter What It Is Called, the Liberals Are Drunken Sailor Spenders

See earlier post, "Like Father, Like Son", this elected Canadian federal government is out of touch and out of control.  Yes the Canadian economy is weak and slow to any recovery. Yes we are tied to the US GDP (which is weak and slow). Yes there are tens of thousands of Albertan oil sands workers out of work (I can hear Notley and Mulcair smirking).  Yes the unemployment rate in Canada is 7.0%....yes 7%.0!!!! Yet this government wants to "spend their way out of it" selling an infrastructure financial panacea, increasing immigration levels (unemployment? that's right...7.0%) and pressing on with seasonal foreign workers (remember 7.0%?). The Liberals' drunken sailor spending habits and fictional math skills are a toxic combination for all Canadians.

But if you live in Ontario, you also have Wynne ("The Kathleen") to deal with. One day after hallowe'en and I'm feeling spooked all over again!