Category: New Governor

Maybe Some Other Time…

Canada’s Bolsheviks Climate Cult New Governor 4 Comments

I assume that if an Arctic hydro dam was a viable proposition, someone else would have already done it. But cost is apparently no object. In order to expedite that, a bitumen pipeline is going to get dropped from the list. What’s notably missing from the list as well is any mention of funding to complete a four lane highway across the country, which would finally put us on par with most semi-industrialized nations.

The Crawford nickel project in northeastern Ontario is also expected to be on the list, as well as Nouveau Monde Graphite Inc.’s mine and battery-materials plant project in Quebec, an Iqaluit hydro project and a major electricity transmission line in northern B.C., according to reports from CBC News and Bloomberg News.

 

Playing Favorites

Drain The Swamp Media New Governor 10 Comments

Peter Menzies- Budget 2025 fails to bail out the legacy media

Carney, as he, his entourage and acolytes are quick to remind Canadians, has a doctorate in economics and has run the Bank of Canada and the Bank of England. In other words, he knows how the world works. And that means he’s more than aware that heavily subsidizing one commercial competitor within an industry will do harm to others, particularly when the industry is one that has been running desperately short of cash.

Blacklock’s- Revenues Crash Despite Aid

Newspaper revenues are down a quarter since 2020 despite millions in taxpayers’ bailouts, new Statistics Canada data show. The latest figures follow comments by the subsidized press’ chief lobbyist, Paul Deegan, that Canadian publishers were unable to change their business model.

Deranged Dominion or Banana Republic?

Chinada Media New Governor 3 Comments

A good read.

The Bureau- Carney’s Floor-Crossing Campaign. A Media-Staged Bid for Majority Rule That Erodes Democracy While Beijing Hovers

The fallout was already clear to see last week. And it doesn’t look good for Canadian democracy or Canadian media, which receives significant government subsidies. Even at surface level, the press corps was visibly distracted from its first duty to citizens: scrutinizing a historically large budget packed with nation-building promises and unanswered questions about feasibility. Veteran reporters have already acknowledged this.

Exhibit 34

Exhibit 32

It’s a Big Bubble

New Governor 11 Comments

…and you ain’t in it.

Sun- How those inside the ‘Ottawa bubble’ undermine democracy

After delivering what the Prime Minister described as an “austerity budget” last week, Mark Carney, his Finance Minister Francois-Philippe Champagne, and hundreds of lobbyists, political staff, bureaucrats, stakeholders, Liberal cabinet ministers, MPs and journalists celebrated at a popular Ottawa watering hole.

Open Policy Ontario- How Think Tanks and Lobbyists Replaced the Public

New Governor, Same As The Old Governor

Gradually Then Suddenly New Governor The Libranos 23 Comments

Fitch ain’t having any of it.

Persistent Fiscal Expansion Underscores Canada Rating Pressures

Canada’s (AA+/Stable) proposed budget, announced in Parliament on Nov. 4, underscores the erosion of the federal government’s finances, says Fitch Ratings. While Canada’s rating is broadly stable, persistent fiscal expansion and a rising debt burden have weakened its credit profile and could increase rating pressure over the medium term. This may be exacerbated by persistent economic underperformance caused by tariff risks and structural challenges, including low productivity. […]

Combined with sizable non-budgetary financing needs (mainly support of enterprise crown corporations), the higher deficits will substantially increase general government gross debt (GGGD), which we forecast to reach 91.8% of GDP in 2025 from 88.6% in 2024, before accelerating to 98.5% by 2027, nearly double the forecast ‘AA’ median of 49.6%.

Only 43lbs Of Fentanyl

Chinada New Governor 10 Comments

We sure do make a lot of fentanyl for a country that has no major exports.

Border officials in B.C. seized thousands of litres of chemicals used to produce fentanyl and GHB from two containers shipped to Canada from China.

The Canada Border Services Agency announced the seizure, which happened in May at the Tsawwassen Container Examination Facility, on Thursday.

“which happened in May”

Nothing to see here, either;

Earlier this year, the RCMP near Swift Current, Saskatchewan, less than 100 miles from the U.S. border, charged two Calgarians with trafficking a massive quantity of fentanyl, enough to kill nearly four million people.

The accused, Kunwardeep Singh and Swati Narula, secured bail from the provincial court nearly three weeks after their arrest. Later, Singh, a truck driver, had his bail conditions relaxed to allow him to resume driving in the Calgary area.

This raised the question of how Singh, caught with such an enormous amount of fentanyl could walk away on just twenty-five thousand dollars bail.

“This is more than a cyclical downturn.”

New Governor Shiny Pony The Libranos 13 Comments

Dan Knight- Bank of Canada Cuts Rates to 2.25%, Warns of Structural Economic Damage

The central bank’s message was buried beneath bureaucratic doublespeak, carefully manicured forecasts, and bilingual spin. Strip that all away, and here’s what’s really going on: the Canadian economy has been gutted by a combination of political mismanagement, trade dependence, and a collapsing growth model based on mass immigration. The central bank knows it.

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