Category: Canada’s Bolsheviks

Suicide Nation

Not surprisingly, the Canadian Labour Congress is proposing national bankruptcy as a way to deal with Trump. That should only take about a week to play out.

Cutting off U.S. access to critical Canadian resources—including electricity, lumber, critical minerals, oil, and gas—until the tariffs are lifted.

Naturally, it includes a plea for another pandemic style spending spree:

The federal government has taken a first step by considering income supports for affected workers—an approach that helped stabilize our economy during the pandemic.

Heading For The Exits

I’m pretty sure that berating a company for leaving Canada not only confirms their belief that it was the right decision, but likely encourages others to consider doing the same.

Montreal-based TFI said it has decided to change its legal domicile to the U.S. because about 70 per cent of its operations are based there. The announcement annoyed the Caisse de Depot et Placement du Quebec, a public pension manager that has long fought to prevent companies from leaving the French-speaking province.

“The company has not informed us of its intentions, and we will express our dissatisfaction,” CDPQ spokesperson Kate Monfette in an emailed statement.

“Buy Canadian” is the new “Put on Your Mask”

No mention of how many will be giving up their Starbucks coffee or Costco runs.

Global- Many Canadians willing to ditch U.S. booze, but not Netflix: poll 

At 84 per cent, women were slightly more likely to say that they were boosting purchases of Canadian goods than men at 78 per cent and people aged 55 and over were more likely to endorse a “buy Canadian” approach at 88 per cent than those between the ages of 18 and 34, at 74 per cent.

Talk Is Cheap

Maybe it’s progress or maybe it’s hot air. We’ll know soon enough. The desire to seek “improved” terms probably means that a big enough slush fund would do the trick.

TC Energy Corp.’s Energy East pipeline, which would have carried western Canadian crude to refineries in eastern Canada, was mothballed in 2017 over regulatory hurdles and intense political opposition in Quebec. A separate proposal known as GNL Quebec to build a liquefied natural gas pipeline and export terminal in the Saguenay region was rejected by both federal and provincial authorities on environmental grounds.

Both would still be turned down if presented under the same terms today, but if they were improved, it’s open for debate, Charette told reporters Wednesday. “If we address these concerns today, these are projects that could be accepted,” he said.

 

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