Where is the $14-billion from the GST rate cut now? #cdnpolisoa.li/MOQwOlB
— barrie mckenna (@barriemckenna) March 25, 2013
Tag: Canadian economy
Politics and Entertainment: A 516.7 billion increase in personal debt and 140 billion in federal debt since Flaherty took over
#cdnecon An Appalling Performance from a Finance Minister. » Whatever economic movement we’ve had has been fuelled by essentially personal debt, an astonishing 516.7 billion increase since 2006, at a staggering 165% debt to disposable income ratio. Only #banksters and the investor class benefit from such a financialization of the economy. And we’re 140 billion deeper
Continue readingAlberta Diary: Is the right-wing Manning Centre plotting ‘Manchurian Municipal Candidates’?
Former Texas Congressman and presidential candidate Ron Paul, the crazy uncle of American politics, with some of his young acolytes at this weekend’s Manning Centre “Big Ideas” conference. Below: anti-medicare crusader Dr. Brian Day, a sign directing conferees to advice on how to sell their kidneys, and Mr. Manning himself.
Continue readingThe Canadian Progressive: Alberta Tar Sands Dependence Could Hurt Canadian Economy: Report
By Canadian Centre for Policy Alternatives (Press Release) | Feb. 21, 2013: OTTAWA — A failure to carefully regulate the Canadian bitumen industry is putting Canada on a dangerous economic and environmental trajectory, says a new report released today by the Canadian Centre for Policy Alternatives (CCPA) and the Polaris Institute.
Continue readingPolitics and its Discontents: An Insane Country, Or An Insane Government?
Albert Einstein famously defined insanity as doing the same thing over and over again and expecting different results. By that standard, we can perhaps infer that Canada is insane. As we are reminded in a very interesting column by Thomas Walkom in this morning’s Star, Canada has a long history
Continue readingAlberta Diary: Sorry about what we said, Tom, but spare a sigh for Alberta, latest victim of Dutch Disease
These typical Albertans may be victims of Dutch Disease. Who would have thought just weeks ago they were wearing slim-cut jeans, ostrich-hide boots and nice Resistol hats like the people below? It’s pathetic, really! Below: Federal NDP Leader Tom Mulcair, sorry Tom; Alberta Premier Alison Redford. All images just found
Continue readingThe Canadian Progressive: Health care is good medicine for Canada’s economy
by Conference Board of Canada | Jan. 31, 2013: OTTAWA – Health care is a large and essentially recession-proof part of Canada’s economy, creating more than 10 per cent of the country’s total gross domestic product (GDP) annually and supporting more than two million jobs, according to a Conference Board of Canada
Continue readingThe Canadian Progressive: “The people have said that enough is enough”: ACFN Chief Allan Adam
By Chief Allan Adam, Athabasca Chipewyan First Nation, Jan 15, 2013: January 15, 2013 – Fort McMurray, AB: In the wake of Idle No More and the AFN’s calls for blockades, peaceful protests and a stall of the Canadian economy Chief Allan Adam of the Athabasca Chipewyan First Nation (ACFN) has made waves
Continue readingAlberta Diary: What’s with Laureen Harper’s stock portfolio selloff? Fiscal Götterdämmerung? Or what?
Laureen Harper tuning up her pipes for the fiscal Götterdämmerung? Canadian political spouses may not be exactly as illustrated. Below: The real Mrs. Harper; the unreal Mr. Harper, long rumoured to be in the doghouse. Terribly rude of me to ask, I know. Positively un-Canadian! But what’s with Laureen Harper’s
Continue readingThe Ranting Canadian: CTV: Toronto sets warm weather record, Manitoba digs out from storm
CTV: Toronto sets warm weather record, Manitoba digs out from storm : This weekend, Toronto and other areas of southern Ontario set all-time high records for temperatures in January. In response, short-sighted morons express glee about spring-like weather when it is supposed to be winter. They spout idiotic slogans like:
Continue readingThe Ranting Canadian: According to The Canadian Press: “Statistics Canada says…
According to The Canadian Press: “Statistics Canada says the country’s trade deficit with the world ballooned to $2 billion in November from $552 million in October as merchandise imports rose 2.7 per cent and exports fell 0.9 per cent.” But, but … the Harper Conservatives keep telling us (despite all
Continue readingPolitics and its Discontents: The Good News: It’s a New Year – the Bad News: Expect More of the Same
Best wishes to everyone in 2013. I would like to express my hope that all will enjoy a prosperous 12 months ahead, but given both domestic and international realities, I know that will not be the case for many. This, despite the self-congratulatory tone Stephen Harper frequently strikes when talking
Continue readingThe Ranting Canadian: Let’s face it; the party’s over. The corrupt and…
Let’s face it; the party’s over. The corrupt and hypocritical Western capitalist systems — propped up by society-wide Ponzi schemes — are in free fall, and the majority of us don’t have any parachutes. Meanwhile, most of the politicians waste their time arguing about the shapes of the clouds they
Continue readingThe Ranting Canadian: Fuck Tim Hortons, Fuck HD Mining and Fuck the…
Fuck Tim Hortons, Fuck HD Mining and Fuck the “Temporary” Foreign Worker Exploitation Program! Tim Hortons coffee sucks. So do their labour practices, as do the labour practices of HD Mining and most of the other employers who participate in the Conservative temporary foreign worker exploitation program. I used to
Continue readingAlberta Diary: The Nexen deal: ‘Friends with benefits’ may not be nearly as good as it sounds!
Thanks to Prime Minister Stephen Harper, Canada’s oilpatch will soon take a Great Leap Forward. Below: CNOOC’s logo. “When we say that Canada is open for business, we do not mean that Canada is for sale to foreign governments,” Prime Minister Stephen Harper intoned at a news conference in Ottawa
Continue readingPolitics and Entertainment: Reading Economic Health into the Recent StatsCan Jobs Data is An Exercise in Fantasy
Reading Economic Health into the Recent StatsCan Jobs Data is An Exercise in Fantasy Here’s the reality in that data: 1) As Derek Holt points out, there is no hours worked increase. That remains static. But it is hours worked that “drive incomes, not body count.” Holt speculates that the already
Continue readingThe Ranting Canadian: Bollocks to Christmas! I have a love-hate relationship with…
Bollocks to Christmas! I have a love-hate relationship with Christmas. What I love: *Getting a few days off work. *Having a somewhat lighter workload on the days surrounding the holidays. *Spending time with family and friends who I don’t get a chance to see very often. *Good food (especially the
Continue readingPolitics and Entertainment: Canada’s economy in a stall, StatsCan reports
There’s every chance we’ll have at least a technical recession in the fourth quarter given these statistics:
“The economy slumped to 0.6 per cent in the third quarter — below even the gloomy 0.8 consensus and about one-third what t…
Continue readingThe Ranting Canadian: A claymation version of Ed Broadbent makes a clear and logical…
A claymation version of Ed Broadbent makes a clear and logical 3.5-minute presentation on income inequality and politics in Canada.
Continue readingThe Ranting Canadian: This is your last chance to submit your comment against the…
This is your last chance to submit your comment against the treasonous, anti-worker, anti-environment Canada-China Foreign Investment Protection and Promotion Agreement to the Canada Trade Agreements Secretariat.
The deadline is November 11, 2012.
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