@theLLCoolK@PierrePoilievre What did Carney promise? Just put the promise in writing and see if it causes any brain activity whatsoever to start up there.
Until then I'll keep victory dancing
@theLLCoolK@PierrePoilievre Carney made a promise. He shouldn't be making promises he can't keep.
Again, you bots keep using the word idiot. You'd be closer to the target if that word was self directed.
“Ford has been very willing to talk about leveraging Alberta oil and Saskatchewan potash,” said Exner-Pirot. “But Ontario is still buying American natural gas, and it could be buying Canadian natural gas.”
“Before you start cutting off Alberta oil, how about buying Alberta natural gas,” she said. “Let’s start with that one.” 🤝🇨🇦
The elephant in the room in Canada is that after nearly 2 years of trade wars, our provincial governments have still largely done nothing in terms of reform to strengthen economic competitiveness.
We can’t keep ignoring all the opportunities we have that don’t have anything to do with the US.
- There has never been a better moment to fix broken housing systems in BC and Ontario (land use, permitting, and taxes) for the long haul.
- The cost of building infrastructure is 3-5x similarly wealthy places in Europe and Asia. We will simply not be advanced in the future if we keep wasting so much $ on broken processes, we know what has to change.
- Most interprovincial trade barriers have been unaddressed, and very little progress has been made despite all the MOUs.
- Tax reform has been a clear topic where the Feds and Provinces should work together to make the system more competitive especially for IP and entrepreneurship.
- Many governing programs do get abused, we see increasing skimming off the top, and regulatory capture that has become problematic.
- We know obvious reforms to raise standards in health and education are needed, many of them are free in the long term.
There has never been a moment like this one to do hard things, the public I think, is ready. Our provinces need to come to terms with their obligation to strengthen the country by taking responsibility. It can’t all be on the Feds.
Canada in Denial
Canada’s economic debate is trapped between nostalgia and denial. Policy makers and pundits speak as if Canada has unlimited strategic options while refusing to confront the basic facts of the economy.
Canada’s comparative advantage is natural resources: energy, critical minerals, agriculture, forestry and water. That is not an embarrassment to regulate into irrelevance. It is the foundation of a more productive national economy.
Canada’s central economic relationship is with the US. Canada needs dependable access to the American market; the US needs secure, nearby access to strategic inputs. The bargain should be straightforward: preferential Canadian access to US consumers and industry in return for preferential American access, including competitive pricing, to Canadian energy, critical minerals, and industrial materials.
There is precedent. The original Canada-US free trade agreement included the proportionality clause, which effectively assured the US ongoing access to a share of Canadian energy supplies. Canada should revive that underlying logic, this time deliberately and reciprocally.
Washington receives dependable strategic resources. Canada receives market access and deeper continental security co-operation, including through the proposed Golden Dome missile-defence architecture.
That is not submission. It is leverage.
Canada should also stop pretending it can recreate America’s manufacturing base. Canada does have excellent firms and specialised clusters, but not America’s scale, capital markets, domestic demand, supply-chain depth or defence-industrial ecosystem. Subsidising a broad manufacturing mirage will not change those fundamentals.
The 1st best strategy should build on what we possess: resource processing, energy infrastructure, critical-mineral refining, agricultural technology and advanced industrial production. Canada must become easier to build in, invest in and finance, with faster approvals, competitive taxes and policy aimed at productive investment rather than property inflation and consumption.
President Trump did not create Canada’s predicament. He did not produce weak productivity, depleted private investment or our failure to build. But Washington has made an overdue assessment: the US cannot indefinitely absorb the world’s excess output and debt while its own living standards stagnate and industrial base hollows out. The Trump administration is confronting distortions that earlier governments deferred. Yes, a Hamilton Clay era of economic policy is the foundation.
The attacks on the US ambassador to Canada are embarrassing. They are emblematic of a political and media class more interested in attacking the messenger than confronting Canada’s weak competitiveness and dependence on US market access.
The global debt cycle is the forcing function. The era of cheap credit, expanding transfers and asset inflation is ending.
Canada needs real growth: more investment, energy, output and productivity.
To be clear, economic growth dependent on the public sector crowding out the private sector is NOT the solution!
It could lead in AI, especially in mining, energy, and Data Centers, but it lacks the vision to connect technology to its economic strengths.
Equalization payments, meanwhile, weaken incentives for provinces to reform, hampering structural adjustments.
Canada constrains Alberta’s energy industry through federal industrial and regulatory policy, then uses equalisation to transfer revenues generated by Alberta’s resource economy to provinces that have chosen weaker, less productive policy models.
Ottawa impedes the country’s most important source of comparative advantage, then asks it to subsidise the inefficiencies elsewhere. In what rational economic system is that logical?
The contradiction is almost comical!
Canada’s cautionary tale is Argentina, which is only now trying to escape the long decline created by debt, intervention and economic denial.
To understand just how irredeemably messed up academia is, compare the differences in how Cambridge treated Jason Arday and how Harvard treated Roland Fryer.
One is a black sociologist; the other is a black economist.
At this point, we are all very well acquainted with Jason Arday’s insane fabrications, plagiarism, and less-than-stellar research record. Yet he became the youngest black professor in Cambridge’s history at 37.
Now look at the case of Roland Fryer.
He produced rigorous, data-driven research, published extensively, and ran a major institute (EdLabs) at Harvard.
He doggedly pursued the truth on one of the most charged questions in American public life. His landmark 2016 study titled “An Empirical Analysis of Racial Differences in Police Use of Force” examined millions of encounters and officer-involved shootings.
It found that there were no racial differences in the raw data or after controlling for circumstances. In some datasets (notably Houston), blacks were actually less likely to be shot once the encounter was underway.
As you know, this finding directly contradicted Black Lives Matter’s core orthodoxy that police systematically and disproportionately kill Black men out of racial animus. It was not only in vogue at the time; it was literally religion.
Roland Fryer and his data were guilty of blasphemy.
Harvard launched investigations into allegations of verbal sexual harassment and a hostile work environment in his lab. The process produced a two-year unpaid suspension, the permanent shutdown of EdLabs, and severe restrictions on his ability to advise or supervise.
All this was investigated by a kangaroo court under Title IX. The recommendation for his alleged failings was sensitivity training, yet a faculty panel escalated it into career-crippling punishment. Fryer has said he was unfairly targeted because of the political inconvenience of his results.
The contrast between how the academy treated these two men shows you how deep the moral rot is.
@MTW2478@jkenney I'm not a conservative, but everyone comprehends this cartoon perfectly well.
Carney bent over for Trump, and liberals are now fantasizing about it having been pierre instead.
Some of us, regardless of our political views, choose to live in the real world. Try it sometime.