Category: nannystate

Climate Marxism

So Doctor Fruit Fly is frustrated and angry with our new PM? If only Carney would give him a lot more to get angry about.

Suzuki, 90, retired from hosting the show four years ago, but still wants to talk to Canadians about the environment. This time though, the educational message is tinged with exasperation.

Canadians and people around the world have their priorities wrong, he said.

“So if that doesn’t tell you right there what kind of a f–ked-up system we have, that is exploiting the very things that keep us alive. And we don’t put any value on it.”

The Masochistic Economy

Economies with fiat currencies will always have a tough time handling higher interest rates, given the exponential growth in debt that necessarily goes along with fiat. The insatiable demand from low IQ voters for more free stuff doesn’t help either. Nonetheless, it looks like we’re in for more rate hikes in the near future. Hold onto your hats, folks.

“Further policy adjustments are likely to be needed to ensure inflation comes down to target in a timely fashion,” Barr said in a speech in Chicago. “Inflation is above our 2% target and not clearly trending toward target in a timely way. Moreover, risks to achieving our inflation target have increased, while risks to the labor market have receded.”

To make matters worse, we now have a seven percent solution for the US housing market.

Ain’t Gonna Happen

A balanced budget at any level of government in Canada is wishful thinking on steroids these days. John Q. Voter’s capacity for critical thinking was numbed so effectively by the Covid spending spree that any political party would be wiped out at the polls if they implemented anything beyond token spending cuts.

The Parti Québécois is promising to balance the provincial budget by 2028-2029, a year earlier than the current Quebec government’s projections.

The PQ’s plan calls for a $6.6-billion reduction in government spending over five years.

Economic Illiteracy

Deliberately choosing to pay more than you need to for inputs doesn’t make your province richer; the reality is quite the opposite. My guess is that the “buy local” gambit is going to be used not only as an excuse to shut out American suppliers but suppliers in other provinces as well. In any case, there’s no way a few sales to the Quebec government can replace the losses from being unable to sell into a market ten times the size of Canada’s.

The Quebec government has announced a series of measures to promote buying locally in response to the escalating trade war between Canada and the United States.

Premier Christine Fréchette says the measures will inject about $1.5 billion into the Quebec economy in the next four months.

 

 

At Whose Expense?

Every time a politician tells you that his policy will “come at a cost“, you just know he doesn’t have your best interests in mind.

Carney discussed Canada’s plan to respond to the U.S. trade war by striking new trade deals with other countries.

“We have everything we need to pivot and prosper,” he said.

“That pivot will come at a cost. There’s always a cost to action. But it doesn’t come close to the cost of standing still.”

Priorities, Priorities…

Canada still doesn’t have a coast to coast four lane highway, but it seems the bigger priority is to subsidize water systems for ratepayers in the oil patch. And then there’s the requisite mention of community centers, as if it were literally impossible for such entities to be financially self-sufficient. The mind boggles….

On Tuesday, the federal government confirmed a contribution of up to $29 million to the North Calgary Water Servicing project, funded through the Direct Delivery stream of the new Build Communities Strong Fund…

…$17.2 billion for provinces and territories, $6 billion for direct federal delivery on regionally significant projects and $27.8 billion flowing to local governments for roads, transit, water systems and community centres.

Cultural Imperialism

Were the latest CRTC mandates, and justifiable American opposition to them, the excuse for claiming a supposed threat to Quebecois culture and ending the trade talks? None of that would surprise me. In any case, it’s an incredibly stupid hill to die on and it sickens me that Canadians seem happy to go along with that.

Prime Minister Mark Carney has said the U.S. put pressure on Canada to adjust its position on rules around discoverability of content online, and that U.S. demands would have affected Canada’s ability to protect its culture, including the French language.

If Wishes Were Horses…

As of yesterday social media has been chock full of posts from Carney’s water carriers desperately trying to rationalize a defeat into victory. Good luck with that. All that remains now is to declare than any trade deal is a good deal so that the remaining provinces can safely lift the ban on American booze while hoping that no one remembers their idiocy.

“If I were leading the country, I’d fight. I think we should fight this guy,” he told the station.

Kinew said Manitoba still has to see some details, but if the booze goes back on shelves, his government reserves the right to pull it back off again if U.S. President Donald Trump changes terms.

 

Missing The Big Picture

Here’s an idea: tell water and sewer utilities to levy sufficient charges to cover the cost of capital improvements and replacement of infrastructure. Then the federal and provincial governments can put their money into real infrastructure projects such as twinning the trans-Canada highway in northern Ontario and BC. We ought to be ashamed of the fact that Mexico has more sensible highway systems than we do.

Ontario and Ottawa are announcing up to $1 billion to help municipalities in the province build infrastructure for more homes.

The money will go to municipalities that do not collect development charges for things like roads, bridges and water systems.

Le Syndrome De Stockholm

As a Manitoban, sometimes I console myself with the knowledge that at least I don’t live in Quebec. Over there, the party that champions the cause of government inspectors telling you how to spell hamburger is trying to assure Anglophones that there’s really nothing to worry about if you vote for them.

“Underneath that pledge is also the fact the anglos don’t fear the PQ any more since anglos and francos share the same realities and concerns. Public discourse has too often encouraged the mistaken belief that the concerns of French-speaking and English-speaking Quebecers are fundamentally at odds.

The Uniparty State

I’ve noticed that political party lines are becoming increasingly blurred these days, and not just in Canada. Are we getting to the point where we don’t have many real choices any more, or is that just the way it’s always been?

Under socialism, government owns the means of production, which the U.S. government increasingly wants to do. In June, through $750 million in investments, it took minority equity stakes in two semiconductor companies. In July, through up to $874 million in additional funding, it took minority equity stakes in six more and increased its ownership of a seventh. The Cato Institute counts 30 companies in the federal government’s expanded corporate portfolio. “Republicans warning that communists are taking over the Democratic Party might first ask why their own administration is so eager to have the government acquire pieces of private companies,” Cato analyst Tad DeHaven suggested.

 

Unintended Consequences?

Can someone make this make sense? With the Carney government having raised tariffs on imported steel, some Western Canadian users of steel now find that they’re uncompetitive. Rather than instantly resolve the problem by dropping the tariffs, taxpayers will instead be forced to cover half the shipping costs of steel orders from mills in the east.

Under a new Commodities Sectoral Support Program announced on Monday, steel shippers can apply for a rebate that will offset 50 per cent of the costs to ship domestic steel by rail or marine transport across provinces and territories.

“There’s no rebar business in B.C. that’s flourishing right now,” Michaud said. “Everybody is doing the work, just at a massively reduced profit margin. Shipping it from the East is just not very good financially.”

Awash With Idiocy

Faced with widespread backpedaling on the most useless aspects of  the climate science cult, hacks like Gwynne Dyer just double down: since we can’t jettison fossil fuels fast enough, let’s just embark on an attempt to do nothing less than geoengineer the weather as if the earth were connected to a house thermostat. What could possibly go wrong?

Cutting our carbon dioxide and methane emissions, while it is still vital, cannot act fast enough….

What can act fast enough is Solar Radiation Management (SRM for short). That includes any technique that reflects some incoming sunlight back into space and cools the planet, but the most promising one involves putting some reflective substance into the stratosphere.

Math Is Hard

Assuming that New Brunswick puts the seized cigarettes back on the shelf and eventually collects the tax, the cost of the enforcement efforts still amount to a net loss to taxpayers.

Authorities in New Brunswick say they’ve seized millions of contraband cigarettes that represent $1.1 million in lost tax revenue.

Today’s announcement by public safety officials was the first since the province’s Liberal government invested $1.2 million to support contraband enforcement in the spring budget.

 

Post-Industrial Society

Ignoring the obvious contradiction in the funding announcement, why are we throwing even more tax dollars at a chronic money loser? There was a time when Canada built plenty of locomotives, but apparently we lost all that knowledge and now need to relearn it. Who knew?

“Locomotive assembly is returning to Canada,” Transport Minister Steven MacKinnon said Wednesday at a news conference in Montreal, where the plant will be built.

Ottawa says the trains will be built by Switzerland-based Stadler. The first nine are to be built in Spain, while the remaining 36 will be built in Canada after Canadian workers learn how to assemble them from their Spanish counterparts.

 

Money For Nothing

It’s all well and good to end the requirements for useless ingredients for streaming services, but why turn around and pay streamers directly for stuff no one watches?

The federal government will “eliminate” the financial contribution requirement for streamers set by the CRTC and replace it with government funding, it said in a court document.

Nonetheless, it’s anyone’s guess as to whether this will actually happen or not.

The office of Culture Minister Marc Miller did not immediately respond when asked to clarify the government’s stance or state whether the government plans to eliminate the contribution requirement permanently or temporarily.

 

Strangled Assets

I can identify another problem with supply mismanagement: if it were to end, your assets may suddenly be worth a lot less than they used to be, maybe even less than your debts.

A company that earns guaranteed margins because a regulation, exclusive contract or closed market keeps competitors out tends to stop doing the things that keep a business sharp. It stops scrutinizing its cost structure, investing in efficiency or asking how it would cope or what it would charge if its customers had somewhere else to go. The protection may feel like a moat. In practice, it is closer to an anaesthetic.

We Demand That Atlas Shrugs!

It seems that New York is taking a cue from Manitoba: let’s make up phony reasons to reject private sector investment. God forbid that industrial infrastructure should use energy….

Gov. Kathy Hochul signed an executive order Tuesday imposing the country’s first statewide moratorium on hyperscale data centers, which house thousands of computer servers and require massive amounts of energy and a steady supply of water to keep cool.

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