This is a big deal. A partnership to build a southern BC route pipeline between Trans Mountain and Pembina. It is a win for Canada, a win for BC, and a win for Alberta.
I remember DCC increases in Kelowna - huge outcry on the baseline boost of the home plus paying tax on tax. Have wondered why initial charges &/ lifecycle maintenance aren’t a separate line item levy on the tax bill. Like a business improvement zone levy, but for new neighborhoods.
Munis can usually access bond market to cover the up front and charge it back via levy plus a bit extra to get ahead on future renewal.
Everyone lives on a used home - older neighborhoods would also have a local renewal levy.
It would even the playing field and help residents see their property tax going directly to their services.
*Not net-new money, just designated.
Canadians have built tech empires. But most didn't do it at home. ✈️
@Uber, @Cloudflare, @OpenAI, @AnthropicAI - all co-founded by 🇨🇦's who went on to build their businesses in the 🇺🇸.
Add on foreign nationals who attended Canadian universities, you get @Instacart, @Tesla, @moderna_tx, @NotionHQ. 🎓
Founders of all these companies slipped through our national grasp.
@stephen_taylor There has never been more advertising revenue and higher interest in the news
It takes a massively misguided set of policy choices to wreck the news industry in the modern Information Age.
* Correct quote is “politically left” not socialist. Point stands. Entrepreneurs take potential and turn it into value that’s added to the global GDP. They capture a small amount of that value in the process which is a big part of the incentive. The rest goes to others, employees, shareholders, government, suppliers etc.
You can always criticize them. You can always criticize the redistribution efforts. But you should always remember that without them, there is very little new value enters society and that locks everyone in zero sum competition, sometimes war.
Entrepreneurs are load bearing for human thriving. It’s a glorious act to put yourself out there and build a company that provides good and services to everyone. And Elon is the best entrepreneur that ever was. You don’t have to like him, and sure he’s crazy, but otherwise he wouldn’t do crazy things. Same coin, two sides.