How long Singh will be leader of the NDP? Let's start with an over-under of the upcoming by-election in Burnaby.
On oil and pipelines, he seems to be just governing by disagreeing with the other two parties...that have actually governed. Against Saudi Oil (and importing from other dastardly jurisdiction of the world) and against pipelines exploiting "home-grown" Alberta oil. So how as a leader does that bring any solutions to today's problems? It does not. Unfortunately as illogical as that sounds, that's what the NDP audience wants to hear, and they elected Singh on what they wanted to hear.
https://nationalpost.com/opinion/kelly-mcparland-jagmeet-singh-might-as-well-send-rachel-notley-a-cake-shaped-like-a-middle-finger?video_autoplay=true
"...Asked about Ottawa’s spat with Saudi Arabia over human rights, he suggested Canada find another source from which to buy oil.
The Saudis provide about 10 per cent of Canadian imports, worth about $21 billion over the past decade. Other countries from which Canada buys oil include Algeria, Nigeria, Angola and Kazakhstan, none of which have been receiving awards for their progressive approach to human rights. Singh evidently figures we should ramp up purchases from those sources, and teach the Saudis a lesson..."
Monday, August 13, 2018
CFL: The Rock's Instagram Of His Days in the CFL Is The Biggest Marketing Event Yet...And it was Free!
Let's see if this translates into more clicks for the CFL.ca website and hopefully more interest generated in younger fans.
Amazing how life gives you twists and turns.
https://www.instagram.com/p/BmXUthzhx2n/?utm_source=ig_embed
Amazing how life gives you twists and turns.
https://www.instagram.com/p/BmXUthzhx2n/?utm_source=ig_embed
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
Wednesday, August 8, 2018
Saudi Arabian Consequences: Hello Higher Gas Prices in The East, And Where is Invisible Justin?
All for Justin to gain a few more political points. Well, the consequences are now happening. What did the Liberals expect? You poke something long enough, guess what...?
As we do not have a full all-Canadian energy plan and no pipeline to transport to refineries in the east of Canada, guess where that is sourced?
I sense a few more personal days and a surf trip for our Prime Minister to avoid this one.
https://business.financialpost.com/commodities/why-it-wont-be-easy-for-quebec-and-atlantic-canadian-refineries-to-replace-saudi-oil
As we do not have a full all-Canadian energy plan and no pipeline to transport to refineries in the east of Canada, guess where that is sourced?
I sense a few more personal days and a surf trip for our Prime Minister to avoid this one.
https://business.financialpost.com/commodities/why-it-wont-be-easy-for-quebec-and-atlantic-canadian-refineries-to-replace-saudi-oil
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."
"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."
Tuesday, August 7, 2018
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