CBC and the Telegram carried a story on Tuesday that the province would be hit by a “mild recession” next year. There’s not much real news in that since oil and minerals will all be down in price for the foreseeable future. Major projects a…
Continue readingTag: economic policy
The Sir Robert Bond Papers: Diversity #nlpoli
Labrador economy must diversify to survive, say opposition parties. There is a CBC headline to conjure with. Pure political magic for the two parties promising something different from what has gone on before. Liberal leader Dwight Ball told CBC that we “must look at the other advantages that we would
Continue readingThe Sir Robert Bond Papers: Gone, baby, gone #nlpoli
In September 2008, four cabinet ministers went to Harbour Grace to announce that the provincial government was giving the company $8.0 million in public money, interest free. The provincial government communications people circulated a picture of the four at the time – from left, Jerome Kennedy, Danny Williams, Paul Oram,
Continue readingThe Sir Robert Bond Papers: Pollyanna Peek-a-Boo And Economic Unboom #nlpoli
Premier Peek-a-Boo took time out of his long, slow wander to the Premier’s Office this week to do an interview with the Grand Falls-Windsor Advertiser. Check it out. Frank Coleman thinks everything is fantastic in Newfoundland and Labrador. (Read more…)
Continue readingThe Sir Robert Bond Papers: Always read the large print #nlpoli
The Conference Board of Canada released a report last week that assessed economic performance in each of the provinces in Canada. “The resource-driven economies of Alberta, Saskatchewan and Newfoundland and Labrador can boast A+ grades for their economic performance,” read the first sentence of the news release accompanying the report,
Continue readingPolitical Eh-conomy: Magic numbers and the math stick
Economics is often associated with numbers. We are bombarded with economic data: GDP, unemployment, inflation, debt, exchange rates, market indices…the list is seemingly endless. While many of these numbers change – we are encouraged to cheer when they rise, jeer when they fall – there are others that are presented
Continue readingRandom Ranting Raving and Ratings: The Trouble with Canada’s Temporary Foreign Worker Program
Many feel bad for the Royal Bank Employees being replaced by temporary foreign workers however they are only the latest example of what is wrong with the Temporary Foreign Worker Program in Canada. Canada’s Foreign worker program has been criticized greatly by the NDP for its… ..
Continue readingRandom Ranting Raving and Ratings: The Trouble with Canada’s Temporary Foreign Worker Program
Many feel bad for the Royal Bank Employees being replaced by temporary foreign workers however they are only the latest example of what is wrong with the Temporary Foreign Worker Program in Canada.
Canada’s Foreign worker program has been&nbs…
Random Ranting Raving and Ratings: The Trouble with Canada’s Temporary Foreign Worker Program
Many feel bad for the Royal Bank Employees being replaced by temporary foreign workers however they are only the latest example of what is wrong with the Temporary Foreign Worker Program in Canada. Canada’s Foreign worker program has been criticized greatly by the NDP for its… ..
Continue readingPolitics and Entertainment: Inform your “fiscally conservative” friends please of this astounding failure
#neoliberalism Under Flaherty the #cdnecon since 2006 has been a debt-fuelled financialized one only with little real production, productivity, or significantly increased employment to drive demand. Credit card debt has gone from $35.6 billion in …
Continue readingPolitics and Entertainment: Inform your "fiscally conservative" friends please of this astounding failure
#neoliberalism Under Flaherty the #cdnecon since 2006 has been a debt-fuelled financialized one only with little real production, productivity, or significantly increased employment to drive demand. Credit card debt has gone from $35.6 billion in February 2006 to $77.4 in February 2012, a staggering 117% increase. Mortgage debt has gone from
Continue readingPolitics and Entertainment: Inform your “fiscally conservative” friends please of this astounding failure
#neoliberalism Under Flaherty the #cdnecon since 2006 has been a debt-fuelled financialized one only with little real production, productivity, or significantly increased employment to drive demand. Credit card debt has gone from $35.6 billion in February 2006 to $77.4 in February 2012, a staggering 117% increase. Mortgage debt has gone from $672.5
Continue readingThe Sir Robert Bond Papers: Populations #nlpoli
Ross Reid has a new job. He used to be federal fisheries minister. Since 2003 or so, Ross has been a deputy minister in the provincial government. Lots of people got excited last week when Premier Kathy Dunderdale announced that Reid would be deputy minister responsible for the provincial government’s
Continue readingThe Sir Robert Bond Papers: The Enduring Principle of Newfoundland Mining Development Policy #nlpoli
If you want to understand the provincial government’s mining policy, look no further than Joe Smallwood and a speech he gave to the local chapter of what was then the Canadian Institute of Mining and Metallurgy in 1979. At the start of the speech, Smallwood quotes from his 1931 book,
Continue readingRandom Ranting Raving and Ratings: What does Stephen Harper have against attending Premier’s Conferences?
Stephen Harper has never attended a Premier’s Conference. He has been Prime Minister since 2006 and has turned down every invitation extended him to attend.
Yesterday during Opposition Day in the House of Commons the NDP put forward a motion th…
Continue readingRandom Ranting Raving and Ratings: What does Stephen Harper have against attending Premier’s Conferences?
Stephen Harper has never attended a Premier’s Conference. He has been Prime Minister since 2006 and has turned down every invitation extended him to attend. Yesterday during Opposition Day in the House of Commons the NDP put forward a motion that the Prime Minister accept the most recent… ..
Continue readingRandom Ranting Raving and Ratings: What does Stephen Harper have against attending Premier’s Conferences?
Stephen Harper has never attended a Premier’s Conference. He has been Prime Minister since 2006 and has turned down every invitation extended him to attend. Yesterday during Opposition Day in the House of Commons the NDP put forward a motion that the Prime Minister accept the most recent… ..
Continue readingThe Sir Robert Bond Papers: Government cash give-aways #nlpoli
CBC’s Rob Antle has updated work done over the past couple of years on government give-aways to private sector businesses in the name of economic development: The Newfoundland and Labrador government has funnelled more than $20 million into grants, loans and the direct costs of business-attraction initiatives that have provided
Continue readingRandom Ranting Raving and Ratings: Government moving forward on proposed unsolicited credit card cheque ban
The government announced that it will be introducing legislation to ban the practice of Credit Cards sending unsolicited “cheques” in the mail. I’m all for that! First the cheques themselves are treated like cash advances and begin accumulating interest as soon as they clear so it is better… ..
Continue readingRandom Ranting Raving and Ratings: Government moving forward on proposed unsolicited credit card cheque ban
The government announced that it will be introducing legislation to ban the practice of Credit Cards sending unsolicited “cheques” in the mail.
I’m all for that! First the cheques themselves are treated like cash advances and begin accumulating inte…