Rob Ford is removed as Mayor of Toronto, and Mark Carney is flying across the pond to become Governor of the Bank of England.
If any politician is looking to unload some bad news, today would be the perfect “take out the trash day“.
Tag: Mark Carney
Impolitical: 20 Questions for Mark Carney
Off the top of my head and since this is becoming a bit of a thing, some questions for Mr. Carney to ponder, in no particular order. 1. Do you think war resisters should be able to stay in Canada? 2. What is your position on a woman’s right to
Continue readingCalgary Grit: The Table Stakes
Forget Mark Carney. We need “electable” candidates like Jim Karygiannis in this race! Now that we know who can run for Liberal leader (namely, anyone with $75,000 and 300 signatures), the question becomes who should run: “We have to be careful not to think that somebody who wants to raise
Continue readingAccidental Deliberations: Thursday Morning Links
This and that for your Thursday reading. – While Thomas Walkom’s latest has faced some justified criticism from a couple of angles, this part at least looks to be right on the money: The assumption here was that if businesses were allowed to keep more of their profits they would
Continue readingAccidental Deliberations: Wednesday Morning Links
Miscellaneous material for your mid-week reading. – Kady points out that despite the Cons’ best efforts to stonewall, the Robocon investigation in Guelph looks to have locked in on the source of their fraudulent robocalls. And while it’s indeed somewhat concerning that Elections Canada hasn’t reached anywhere near the same
Continue readingAccidental Deliberations: Thursday Morning Links
This and that for your Thursday reading. – I’ll follow up with one extra note from Mark Carney’s address to the CAW – as the headlines seem to have missed a rather important point about the relative effect of the Canadian dollar and even the widest possible definition of labour
Continue readingAccidental Deliberations: Monday Morning Links
Miscellaneous material to start your week. – Joe Stiglitz discusses the link between increased inequality and the U.S.’ economic frailty: Any solution to today’s problems requires addressing the economy’s underlying weakness: a deficiency in aggregate demand. Firms won’t invest if there is no demand for their products. And one of
Continue readingCalgary Grit: The Race for Third
Back in February I asked readers of this blog who they thought would run for Liberal leader, and who they’d consider voting for. Admittedly, this is as far from a scientific poll as you’ll ever get, and I won’t pretend that the 500+ voters in this straw poll are all
Continue readingCalgaryGrit: An update on all the people not running for Liberal leadership – Part 2
Yesterday, I looked at the ten names being tossed around most frequently for Liberal leadership – Rae, Leblanc, Trudeau, McGuinty^2, Garneau, Brison, Coderre, Cauchon, and Kennedy. Today, a look at some long-shot candidates. Mark Carney: The Bank of Canada governor would have instant credibility on the economy and, unlike many
Continue readingPolitics and Entertainment: Five Lumps of Coal for Canada’s Economy
The recent IMF Report on Canada prompts me to remind everyone of some startling figures about the Canadian economy: 1) The private and federal debt combined ratio to GDP is an astonishing 203%. 2) The jobless rate in November is 7.4%, the worst in 5 months. 3) Youth unemployment is
Continue readingPushed to the Left and Loving It: Even Canadian Bankers are Hoping that the "Occupy" Movement is a Success
The Organization for Economic Co-operation and Development (OECD) released a report yesterday, showing that Canada’s income disparity is growing faster even than that of the U.S. Low paying jobs and a diminishing middle class, are partly to blame, but also deregulation, that allowed the wealthy to become even wealthier, is a
Continue readingPolitics and Entertainment: Cancelling the Greek Referendum and Angela Merkel’s Steely Focus
Two final thoughts today on the Greek crisis: 1) Under immense political pressure from within his own party, the opposition, and the EU – i.e., Germany – Papandreou was forced to cancel the referendum. But the basic idea was a good one: he knew Germany…
Continue readingAccidental Deliberations: Monday Morning Links
Assorted content to start your week.- Dan Gardner eviscerates the Cons for their stubborn insistence on mandatory minimum sentences in even the most ridiculous of cases:Imagine a university student living in a rented apartment with her boyfriend, sugge…
Continue readingPolitics and Entertainment: Fiscal Austerity: Does it Work?
The Harper Regime is in the process of implementing some severe fiscal austerity measures. But does slashing spending and reducing deficits, as the advocates of such a policy claim, really restore confidence and drive economic renewal? It w…
Continue readingAccidental Deliberations: Sunday Morning Links
This and that for your Sunday reading.- David Olive weighs in on the disastrous results of the all-too-prevalent obsession with austerity when economic conditions are still fragile around the globe:From London to Berlin, and Ottawa to Washington, the w…
Continue readingAccidental Deliberations: Wednesday Morning Links
Miscellaneous material for your mid-week reading.
– Lawrence Martin slams the proliferation of gratuitous surveillance on citizens, with a particular focus on the Cons’ “lawful access” legislation:
In Canada, the impact, while far less egregious, has …
Impolitical: Friday’s Finance Committee meeting
So there’s a bit of a controversy over this Friday Finance Committee meeting to get an update on the Canadian economy. A motion was brought to have the committee hear from independent economists in addition to hearing from Jim Flaherty and Mark Carney….
Continue readingTime Heals All Wounds
Today, Bank of Canada Governor Mark Carney spoke in Windsor on the state of Canada’s economy and made his predictions for the future. The outlook seems that the economy will remain at a crawl, for the time being, with gradual growth.
Still recovering …
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