Category: New Governor

Too Little, Too Late

Who are these people kidding? It’s going to take an increase in defense spending well beyond a 2% target just to restock the armory that was emptied to feed the war in the Ukraine, let alone rebuild our armed forces. Our “made in Canada” procurement rules are guaranteed to gobble up those budget hikes in any event.

Canadian Prime Minister Mark Carney will unveil a new security and defence investment plan on Monday that would enable Canada to meet NATO’s 2% military spending target this fiscal year, the Globe and Mail reported, citing two senior government sources.

 

New Governor, Same As The Old Governor

Just send the referendum to the printers already.

In mid-May, Prime Minister Mark Carney said he would support “just doing one pipe,” but only if there was “consensus.”

When he was asked this week in Saskatoon about whether his vision for “nation-building projects” included an oil pipeline, he said that any such project would need to be filled with “decarbonized” barrels of oil — a term that seemed to confuse environmentalists and oil advocates alike.”

New Governor, Same As The Old Governor

April 3rd, 2025:

Liberal Leader Mark Carney says it’s not necessary to protect Canada’s supply management system through binding legislation.

The stance puts him at odds with his party’s position less than two years ago, when the vast majority of Liberal MPs voted for a bill that would have protected the supply-managed dairy, egg and poultry markets from future trade concessions.

May 30, 2025: Prime Minister Mark Carney yesterday endorsed a Bloc Québécois dairy bill opposed by free trade farmers as protectionist.

New Governor, Same As The Old Governor

…it’s net-zero for Canada, net-infinity for Carney.

The latest scheme involves a Battery Energy Storage System (BESS) project, a facility that uses batteries to store and release electricity on demand. These systems are typically used for grid stabilization, renewable energy integration, and providing backup power during outages, which are growing increasingly frequent in Green-besotted Canada. It turns out that the Ottawa BESS projects for Fitzroy Harbour and Trail Road, which will generate at most 4 hours supply, are to be built by Evolugen, the Canadian renewable energy platform of—you guessed it—Brookfield Renewable.

Related: According to new data from Statistics Canada, building construction investment in March 2025 dropped 0.9%, a loss of $192.2 million. Residential investment was the main culprit, down 1.8% or $277.7 million…

Globe, this morning: A number of red lights are flashing across the dashboard of Canada’s consumer credit market, according to an analysis released Tuesday by Equifax.

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