Category: Shiny Pony

#38

Sun- Canada’s economic growth dead last

David Williams, vice-president of policy at the B.C. Business Council, wrote recently that the OECD report predicts Canada’s real GDP growth per capita from 2020-30 will be just 0.7% annually, dead last among the 38 comparable nations of the OECD.

It doesn’t get much better after that, with the OECD pegging Canada’s growth per capita from 2030-60 at 0.8% annually, again last among OECD members.

Justin Trudeau and Omar Ahghabra:

You failed. End the Mandates!

And what about the unused doses? 

Triple Header

A quick but very good interview on the chaos Liberals are inflicting on the country. Emergency Act BS, carbon Tax, Chinese agents.

Alex Pierson- Blacklock’s Reporter Check-In

Cabinet wants to narrow the year-long review because they can see where this is going and they’re nervous as hell. Where it’s going is a complete lack of evidence to justify invoking the #EmergenciesAct. That’s a dark place.

Temporarily Unanticipated

CBC;

When the Bank of Canada raised its benchmark interest rate for the first time in two years earlier this month, it sent an unmistakable message to borrowers that the era of cheap money was coming to an end.

While economists expect the bank to gradually raise its rate another half-dozen times or so this year, there’s a growing sense that the bank may need to start moving faster and more dramatically than anticipated to rein in inflation, which is already at its highest level in a generation.

A Short History Of The F-35 Debacle

Mitch Heimpel;

The news that Canada intends to buy the F-35 fighter jet, almost 12 years after it first announced that it intends to buy the F-35 fighter jet, might actually be the most Justin Trudeau thing Justin Trudeau has ever done.

Canada’s investment in what was initially called the “Joint Strike Fighter” program actually started under the Liberals. The program has undeniably run into major, embarrassing development problems, but began as a pretty good concept. The NATO alliance had just undertaken a series of air campaigns over Bosnia in the five years between 1992 and 1997, which included air-to-air combat and strikes on ground targets. These missions, both in the air and on the ground, revealed stark discrepancies between the capabilities of the various allied militaries in the wake of the end of the Cold War. Interoperability of alliance forces became a necessary focus. A jet that would be used in large numbers by the United States and across the alliance was an obvious advantage. […]

As early as 2008, the Department of National Defence was telling the government that the F-35 was the only plane that could do what our air force needed a fighter jet to do. They continued to do this for seven more years. Almost 14 years ago we were all told this was the only plane that fit our needs as a next generation fighter aircraft. A child born when the memo to report that conclusion was delivered is now a teenager.

When we announced plans for an order of 65 F-35s in 2010, that should have been the end of it. All the lessons of past procurement disasters should have told everyone with any serious aspirations of national leadership that reversing this contract could cripple an air force that was already flying planes past their best-before date. Instead we got five years of hand-wringing that put on display the worst of Ottawa’s ability to talk only to itself. It started under the Harper government; stung by criticism over the cost and accusations it had rushed to sole-source the deal, the Conservatives wavered, and then folded: they cancelled the plan to buy the 65 F-35s and chose to hold a competition instead. In the next election, the Trudeau Liberals ran against purchasing the F-35, won the election, and did nothing to pick an alternate successor plane, as the CF-18s got older and older.

This continued for seven years. Bringing us to today.

Your morning flashback.

A New Anniversary to Commemorate

Here’s an insightful discussion between Brian Peckford and Bret Weinstein:

From it you’ll learn that the 40th Anniversary of the Canada Act will occur on Sunday, April 17, 2022. Given how badly Justin Trudeau has trampled all over this Act and also the Rights and Freedoms it “guaranteed” to all Canadians, the celebration of this anniversary would be a sick joke. So instead, it’s more appropriate this year to celebrate the 1st Annual Celebration of the Basic Dictatorship that Trudeau openly admires. On April 17th this year, think about wearing a Canadian flag upside down and honking whatever horns are available to you.

Smell Ya Later

Better Dwelling- Canada Just Saw The Biggest Q4 For Residents Permanently Leaving Since The 1970s

Canadians are packing up and leaving at a fast rate, during a traditionally slow period. Statistics Canada (Stat Can) data shows emigration, the act of leaving permanently, jumped in 2021. The past year showed modest gains, rising to the highest level in half a decade. The fourth quarter is what sticks out though, showing a sudden acceleration. Canada saw the largest Q4 volumes of residents leaving since the 1970s.

I’m sure its all of our least productive people. h/t Ezra

They Promised it would be “Transitory”

Financial Post- The Bank of Canada needs to get serious about inflation

The latest data tell us inflation is now running at 5.7 per cent. That’s the highest we’ve seen it since the early 1990s, and it’s rising. The problem it poses is real, pressing and getting worse. Our own inflation is a creation of the Bank of Canada. The chart shows CPI inflation, as well as the growth of two definitions of the money supply (M1+ and M2++) over the last decade.

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