Jason Clerk @SJasonClark - Twitter Profile

27 days ago

🚨 CANADA’S INDUSTRIAL COLLAPSE under @MarkJCarney — With receipts 🧾 📍 Honda Alliston, ON → Cancelled— $15 Billion 📍 Stellantis Brampton, ON → Moved to Illinois — $500 Million in aid pocketed 📍 Stellantis Windsor Battery Plant → Sold stake for — $100 📍 GM CAMI Ingersoll, ON → PERMANENTLY CLOSED — $2 Billion retool gone 📍 GM Oshawa, ON → Production moved to Indiana — $280 Million lost 📍 Ford Oakville, ON → EV production moved to USA — $2.3 Billion gone 📍 Northvolt Quebec → BANKRUPT — $7 Billion evaporated 📍 Invista Kingston, ON → Moving to Texas — 500 jobs gone 📍 Umicore Ontario → Shifting to Poland & South Korea — $260 Million gone 🇨🇦 TOTAL INVESTMENT LOST: 💰Over $50 Billion Ottawa’s response? Press releases. Photo ops. A delusional PM who thinks your gas is cheap. “We are a Energy Superpower 🇨🇦 Clean Energy is needed to build a Sustainable Prosperous Economy ?🤔🙇🏻🚨 This is managed decline with a price tag. 🇨🇦 RT until every Canadian sees this 👇 #CdnPoli #AutoIndustry #Honda #GM #Ford #Stellantis #Ontario #Manufacturing #MarkCarney #Canada

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Jason Clerk @SJasonClark

26 days ago

Awesome!

Sama Hoole

@SamaHoole

27 days ago

Activist: "Your cows are putting carbon into the atmosphere." Farmer: "Where did they get it?" Activist: "What?" Farmer: "The carbon. Where did the cow get it before it put it anywhere." Activist: "From... eating?" Farmer: "From eating grass. And where did the grass get it." Activist: "The soil?" Farmer: "The air. The grass pulled it out of the air last spring. The cow ate the grass. The cow breathed some of it back out. It went back into the air it came from." Activist: "But it's still going into the atmosphere." Farmer: "It's going back. There's a difference between a thing going somewhere and a thing going back. You've described a circle and you're frightened of it." Activist: "Then just don't have the cow." Farmer: "The grass still dies in autumn. It rots where it falls. The carbon goes back into the air either way, just without anyone getting fed in the middle." Activist: "It's not that simple." Farmer: "It's grass, cow, breath, grass. Or it's grass, rot, air, grass. Same circle, fewer dinners. If that's complicated for you I'd stay away from the water cycle. That one's got clouds in it."

SamaHoole's tweet photo. Activist: "Your cows are putting carbon into the atmosphere."

Farmer: "Where did they get it?"

Activist: "What?"

Farmer: "The carbon. Where did the cow get it before it put it anywhere."

Activist: "From... eating?"

Farmer: "From eating grass. And where did the grass get it."

Activist: "The soil?"

Farmer: "The air. The grass pulled it out of the air last spring. The cow ate the grass. The cow breathed some of it back out. It went back into the air it came from."

Activist: "But it's still going into the atmosphere."

Farmer: "It's going back. There's a difference between a thing going somewhere and a thing going back. You've described a circle and you're frightened of it."

Activist: "Then just don't have the cow."

Farmer: "The grass still dies in autumn. It rots where it falls. The carbon goes back into the air either way, just without anyone getting fed in the middle."

Activist: "It's not that simple."

Farmer: "It's grass, cow, breath, grass. Or it's grass, rot, air, grass. Same circle, fewer dinners. If that's complicated for you I'd stay away from the water cycle. That one's got clouds in it."

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SJasonClark retweeted

Kim G C Moody

@KimGCMoody

about 2 months ago

My latest @financialpost article is out - and it starts with a scene that perfectly captures Canada’s current fiscal approach: “There’s a scene in the 1988 comedy The Naked Gun where Leslie Nielsen’s Lt. Frank Drebin waves his arms in front of a fireworks factory that has just exploded and calmly tells the horrified crowd, ‘Nothing to see here, please disperse.’” “I’ve often thought about that scene as I’ve watched Mark Carney’s government handle the federal budget process. Behind Drebin, chaos; in front of him, reassurances. The gap between the two is the joke.” That gap is becoming harder to ignore. During the Liberal Party’s coronation of Carney as leader, he promised to split the federal budget into operating and capital accounts - “a deceptive practice with a long history of failure.” As expected, the definition of capital became “ridiculously broad,” allowing routine spending to be reclassified to make the operating budget look great! The Parliamentary Budget Officer noticed, calling it “overly expansive” and estimating capital spending was overstated by “roughly 30 per cent — or $94 billion.” Under a more realistic approach, “the ‘day-to-day operating balance’ would remain in deficit every year through 2029-30.” And the fiscal anchor? “The PBO also pegged the probability that Carney’s deficit-to-gross-domestic-product anchor held at just 7.5 per cent. That isn’t a fiscal anchor; it’s a fiscal wish.” At the same time, the government reshaped the budget process — “moving the budget cycle from the spring to the fall…without a parliamentary study and debate.” That matters because “a fall budget forecast is likely to be less reliable.” Even the timing raises questions. “It’s worth noting that April 28 is two days before the personal tax filing deadline…You could not design worse timing.” Then comes the messaging support. When these changes were introduced, “this was accompanied by [two] tidy International Monetary Fund (IMF) comments crowing about the so-called positives…” That pattern continued, with recent IMF comments describing Canada as “the cleanest dirty shirt.” “Three quotes of IMF praise in six months.” And with a spring update on April 28? “I’m expecting a fourth one on April 29. The fireworks should be great.” All while the message remains: “building the strongest economy in the G7.” But the data tells a different story. “Canada saw a net capital outflow of more than $1 trillion — the largest capital exodus in Canadian history.” “For every dollar in, two dollars left.” Which brings us back to Drebin. “Operating and capital split? Nothing to see here. Budget cycle adjusted without parliamentary study? Please disperse.” “A fiscal anchor with a 7.5 per cent probability of holding? Move along.” “The government is waving its arms and telling Canadians not to look.” And in the end: “The difference between The Naked Gun and Carney’s fiscal strategy is that one of them is knowingly funny.” https://t.co/nU1jsL7DNB

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SJasonClark retweeted