Welcome Back To Canada Carney: Canada Has a New "Shadow Finance Minister" (Bye Bye "Oh No Morneau")

After empty comments by Justin that the corrupt Finance Minister Bill ("oh no") Morneau who "forgets" to pay back travel expenses to foreign countries under the guise of "charity", will not be fired, Mark Carney, the ex-Governor of the Bank of Canada and Bank of England, has come back and basically is acting as Shadow Finance Minister in name, more than likely has the reins to the actual role.  Bill Morneau has not shown face since his unrehearsed and quick "I have to apologize" apology (July 17, 2020) at a speaking event right after the story came out.  Neither has Justin showed face (to be expected whenever there is a crisis) but he is rumoured to be gallivanting in Georgian Bay at a rich family/Liberal donor's cottage (Westons? The ones that received $12 Million for new environmentally friendly refrigerators). 

I'll go further and say the hiring of Mark Carney signals a change in the Liberal party.  Could he be eventual leader?  If so, it would solve many issues - finance issues as Oh No Morneau has shown his corrupt leanings; ethics issues that the Liberal party cannot seem to figure out and now in its third episode; succession issues if Justin's fall from grace continues since his 2015 election; and, budgetting issues (not just a socks budget but for an entire country and give it more than just an after thought). 

https://nationalpost.com/opinion/rex-murphy-the-bus-approaches-bill-morneau/wcm/659c0954-3999-4b8d-ba5c-e242e9257769/

As Trudeau Continues to Make More and More Gaffes, the Hardest Working MP Currently....Pierre Poilievre

https://www.facebook.com/watch/?v=575525086470133&notif_id=1594650099335645&notif_t=watch_follower_video&ref=notif

Liberals' Self Claimed Prophecy of "Climate Change is Canada’s No. 1 Priority" Has Imported Professional Environmentalist Protesting Thuggery

Good ol' Rex

https://nationalpost.com/opinion/rex-murphy-climate-zealots-have-taken-canada-hostage-and-our-pm-is-missing-in-action

"...If 10 plumbers shut down a railway, or if loggers shut down the B.C. legislature, or if oil workers decided to “shut down Canada,” the RCMP and every security force in the nation would round them up, clap on the handcuffs and stow them away in a cell in a jiffy. But a few native bands, and the always available professional protesters who we have seen active since the days of the Seattle riots, decide to ride on the oil issue, and everyone in authority stands aside mute and fearful..."

"...By insisting for their full tenure that “climate change” is “Canada’s No. 1 priority” the Liberal government has stimulated the current rage that is seizing the country..."

Huawei Affair: Kevin O'Leary Has a Theory, And Appropriate Criticism of How The Liberals Have Handled Meng, China Since

This is a gold web site so a little unusual this O'Leary interview appears. But interesting and fascinating theory he has on the Huawei affair...

Love him or hate him, it's good to see that someone is going around to naively left leaning/Liberal dominated universities to really explain WHAT (NOT WHO) to vote for: competence in foreign policy and affairs, competence and prudence in financial policy, taxation and assisting not destroying our industries, governing with actual leadership and management skills versus selfies and bright socks.

Kitco News: Kevin O'Leary Says Trudeau is Toxic, Period (Part 1).

https://www.kitco.com/news/video/show/Kitco-NEWS/2482/2019-07-18/Kevin-OLeary-Says-Trudeau-is-Toxic-Period?fbclid=IwAR1dypB6boJ-cdUkr74nxAVDuyPN0RJCaXLbM5EdXY6xUSuND1aYJN-5RDg#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DKitco-NEWS

And the Trudeau Absurdity Continues: Suing Conservative Leader Andrew Scheer

https://nationalpost.com/opinion/matt-gurney-on-snc-lavalin-the-liberal-response-somehow-gets-even-dumber

According to precedents, this will likely be dropped.  However, it is amazing to watch how much sabotage Justin Trudeau is capable of.

"Tuesday Night Massacre": Will This Be A Moment Remembered in Canadian Politics, Not For Its Idiocy, But The Downfall Yet To Occur?

After the unsuprising ousting of both Wilson-Raybould and Jane Philpot, the Trudeau brand again becomes tarnished.  In a self claiming "Feminist" status, Trudeau and the Liberal Party do not realize the mistake they have made - two responsible women (yes at a time of  #MeToo and gender equality, a platform that dictated the near 50/50 split of males and females for Ministers) have stood independently up to the rest of their party for very valid principles and values that all Canadians should be concerned about, yet Trudeau pulls a Trump and gives them a "You're fired!". 

And Yet Another Trudeau Gaffe...And, Of Course, Apology: When Is Justin Going To Learn...And Grow Up?

https://nationalpost.com/opinion/matt-gurney-pm-scores-a-direct-hit-on-the-core-of-brand-trudeau?video_autoplay=true

I do not understand how a room full of supposedly up and coming, intelligent, well(er) off than Trudeau's version of the middle class paying a $750 annual/entrance fee will continue to cast votes for this Liberal regime.

What!? Are Not All Canadian Houses and Real Estate Purchased (By Foreign Buyers) With Well-Earned, After-Tax, Clean Money?

Sarcasm aside, it is about time Canadians wake up to what is happening under their noses. and realize that despite all the complaining from potential buyers, government measures, increased taxes on foreign buyers, mortgage changes and FINTRAC regulations to ease real estate and housing price inflation - IT IS OUR OWN PROBLEM that Canadians have IMPORTED due to a lack of restrictions between domestic and foreign buyers as well as a lack of checks and balances on where those funds are sourced (not just geographically, but legally versus illegally). 

https://business.financialpost.com/real-estate/toronto-housing-has-become-magnet-for-money-launderers-with-28-billion-in-real-estate-bought-by-anonymous-owners-study

"...Toronto’s housing market has become a target for money laundering or “snow washing,” thanks to anonymous property ownership, weak regulation and lax enforcement, according to a new study.

Since 2008, $28.4 billion worth of housing was acquired in the Toronto region largely through private entities where owners can remain anonymous, according to a report released Thursday by Transparency International Canada, Canadians for Tax Fairness and Publish What You Pay Canada.

In that period, $9.8 billion of housing was bought by companies through cash purchases, largely bypassing anti-money laundering checks on fund sources and beneficial owners, according to the study, which analyzed more than 1.4 million residential sales dating back to 2008..."

Wylie Wednesday: Morneau Addressing Canada's Business Community

The Liberal spin machine is in overdrive again this time on the fiscal and finanical front. What two sided message will be sent that none of which will give any confidence to domestic AND foreign investment? With the election less than a year away, larger and more frequent promises (to be broken) were expected. May be the Liberals truly are out of ideas.

"...Trudeau’s finance chief, Bill Morneau, will unveil a fiscal update Wednesday in Ottawa that provides a shot at redemption after warnings about the country’s fading competitiveness. It will likely include incentives for capital investment but not an across-the-board reduction in corporate taxes. The government has frustrated some business leaders with an agenda heavily focused on social issues and riled economists by running unnecessary deficits. Morneau’s last federal budget -- which punted infrastructure investments in favor of new program spending -- landed in February without a mention of U.S. tax reform despite calls to keep pace..." https://www.bloomberg.com/news/articles/2018-11-19/trudeau-seeks-redemption-from-business-leaders-in-budget-update?srnd=premium-canada

The No NAFTA Preparation by Justin Sunshine's Liberals Has Begun...

From Bloomberg this morning, it appears Trudeau's way of limiting the damage if there is no NAFTA deal is an "alliance of like-minded countries"...that also cannot conclude a trade deal? What is "like-minded"?

Excerpt - "The Canadian government released a new blueprint Tuesday to reinforce the World Trade Organization and buffer it from President Donald Trump’s ‘America First’ attacks on the Geneva-based trade body.

The proposal, called “Strengthening and Modernizing the WTO,” seeks to forge an alliance of like-minded countries to “restore confidence in the multilateral trading system and discourage protectionist measures and countermeasures,” according to a copy of the eight-page document obtained by Bloomberg."

https://www.bloomberg.com/news/articles/2018-09-25/canada-unveils-plan-to-bolster-wto-in-face-of-u-s-protectionism?srnd=premium-canada

The Scariest Thing I Will Read Today: Hint - Rt Hon Adrienne Clark and John Ralston Saul Are Involved

What is this upcoming conference??? https://www.6degreesto.com

Upon further investigation, it is conducted by the "Institute of Canadian Citizenship" which is, "Powered by a passionate and committed national network, the Institute for Canadian Citizenship (ICC) delivers programs and special projects that inspire inclusion, create opportunities to connect, and encourage active citizenship.

The ICC is a national charity co-founded and co-chaired by The Right Honourable Adrienne Clarkson and John Ralston Saul."

https://www.icc-icc.ca/site/about/

Adrienne and John are telling us how to be Canadian citizens?  And citizens of the world? God help us.

@6DegreesTO

Has Trudeau 2.0 Gone Beyond Truedau 1.0 On the "Scale of Irritated Parties"?

With exception of mocking the Queen cheekily behind her back, The Justin has played out exactly like his father: i) alienating Western Canada over a reckless energy policy, ii) keeping and admiring company of questionable characters and countries and iii) annoying the USA and its current President.

Not only the aforementioned, but now just about every province in Canada as well is outside of the Trudeau Liberals camp.  So, has Trudeau 2.0 surpassed Trudeau 1.0?

https://business.financialpost.com/opinion/jack-mintz-pipelines-and-nafta-could-start-war-between-trudeau-and-the-provinces

Minister of Natural Resources Amarjeet Sohi Appears!

After almost a week of the Liberal powers trying to frame this answer from the Supreme Court of Canada, the actual Minister responsible for this file has shown face...

http://business.financialpost.com/commodities/all-options-are-on-the-table-ottawa-not-ruling-out-appeal-new-legislation-in-trans-mountain-debacle

Venezuela: Next Wave of Illegal Border Crossers?

With one rogue leader after another and head scratching economic policies resulting in runaway inflation rates (you think bread costs too much here ? Try 800,000% inflation), debt defaults and a currency worth nothing, do you think Venezuelans are paying more attention to Justin's reckless tweet?

"...It’s also possible that the exodus of Venezuelans to other countries will increase, even as Ecuador and Peru announced entry restrictions and tensions flared along the border with Brazil.

“People are leaving because of a feeling of despair, and the desperation will now increase,” Naim said...."

http://business.financialpost.com/news/economy/they-ran-out-of-money-venezuela-launches-one-of-the-greatest-currency-devaluations-in-history

What is More Outrageous: Millionaires Receiving a $14,000 Provincial Government Rebate for an Overpriced Car or Tesla Suing Ontario Over The Cancelled $14,000 Rebate?

https://business.financialpost.com/transportation/tesla-files-lawsuit-against-ontario-government-over-electric-vehicle-rebate-program

A New National Statutory Holiday? The Liberals Clearly Expecting 260,000 Federal Government Employees Votes in October 2019

The timing of this announcement is strategic of course.  The federal Liberals waited until the last year of its term to roll this one "call to action" out.  Coming off the first "Truth" statutory holiday (maybe in September next year), a month later we will be in the October 2019 election. 

As such, how do you think the 260,000 federal government employees are going to vote? Or are going to be sucked into voting Liberal by the culture and water cooler chats that permeate those hallowed halls of government services.  Good times to be a federal governement employee right now (and a teacher, fire man/woman, police man/woman, transit employee...).

This sad and unfortunate occasion could have been observed and recognized in other ways (the same goes for Victoria city council's actions).  Having a holiday is not a very good solution.  Sadly Remembrance Day for example, thanks to such a statutory holiday in B.C. (not here in Ontario) is barely holding on to its significance. If it wasn't for the Whistler ski season opening another two weeks later than that, Remembrance Day in B.C. would sadly be a meaningless, barely observed holiday. Does the government honestly think a statutory holiday is a solution whereby the nation will be marking the "...“painful legacy” of Canada’s residential schools" on their way out of town for an extended break?

Meanwhile, and as a result, Canadian (and international) economists must be adjusting Canada's GDP downward on top of trade wars, increased minimum wages, higher interest rates and a government owned pipeline that will never come to fruition.

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

Invisible Morneau: Trans Mountain Now Expected to Cost $1.9 Billion More And One More Year...Thanks to SEC Filings

https://nationalpost.com/news/politics/cost-to-twin-trans-mountain-pipeline-now-1-9b-higher-kinder-morgan-says?video_autoplay=true

"Kinder Morgan has long said it would cost $7.4 billion to build a second pipeline parallel to the first in order to triple its capacity, but the financial documents now say the company expects a $9.3-billion price tag.

The documents also suggest construction won’t be done until December 2021 — a full year beyond the last projection of December 2020.

Finance Minister Bill Morneau has been reluctant to discuss how much more it will cost to build the pipeline while the deal is still being finalized, and the closing date for that deal is now being pushed back well into the fall."

A Week After the Danforth Shootings, Our Prime Minister Feels It Is Time To Return to Work...And Will Be in Toronto

An end to the "personal" days.  He must have felt the Danforth shootings has now blown over. 

Justin, oh Justin, Where Art Thou?

Personal day 5...and counting