Finances hardly enter in the equation with the Liberals, NDP and the Greens. Taxing the wealthy will not cover the costs needed and the likelihood is that investment will go elsewhere as it now is in the oil and gas sector. So we are left with higher taxes, lower growth and more debt. Doesn’t anyone see what has happened in the last four years?
What about our health wait times, burgeoning health costs. Little talk of that.
People’s Party Maxime Bernier knows and is courageous to say there is no climate emergency. An important issue, yes, an emergency, no. But everyone wants an emergency – wants the hysteria. Forget the rationale.
Hence, this gets in the way of meaningful economic development issues as each leader tries to out bid one another on the environment file.
We need our resource industries. They are important drivers of our economy. Even if you wanted to believe in a fossil-free economy, no one knows how you can get there. Solar and wind can’t do it. They need fossil fuels to keep the power running when the wind doesn’t blow and the sun doesn’t shine. And batteries? They are not green. What a joke that is! And China opened 60 more coal power plants last year. Five hundred scientists wrote the UN in the last few weeks declaring there is no emergency and mitigation is hurting and costly.
The ease of doing business in Canada is abysmal. The world bank says we are 64th in the world. No leader talks of this!
We need an economy that adapts to new technologies both within the resource sector and outside it.
But our ability to innovate and adapt to new technologies is one of the worst in the developed economies, according to the World Competitiveness Report. I quote from the report:
"Among the causes is the relatively low spending on R&D (1.6% of GDP, below the OECD average of 2%, and less than half the share of the biggest spenders). As for the softer drivers of innovation and competitiveness, Canada ranks first in terms of diversity (81.7). Yet its level of ICT adoption is very low (68.6, 34th) and represents the weakest aspect of Canada’s performance. The cost of mobile data and services is one of the highest among advanced economies, which hinders adoption."
Our tech leaders said this a couple of days ago
Benjamin Bergen, executive director of the Council of Canadian Innovators (CCI), the national business association whose membership of more than 100 CEOs, issued the call to the political party leaders on Saturday.
“Canada doesn’t have a start-up problem, it has a scale-up problem, and therefore it has a wealth creation problem” says “When less than one percent of Canadian firms ever scale beyond 500 employees, it’s clear Canada needs an updated economic strategy that enables domestic innovators to rapidly scale globally in the 21st century economy. Without such a plan, Canada’s national prosperity is at risk.”
- No talk of this.The silly Infrastructure Bank is an embarrassment obsessed by the big and unwieldy, not the innovative and the nimble. No talk of that!
- And then we have a law breaker, and obstructor of justice as PM and it hardly makes a difference.
- We keep denigrating our neighbour, the US, which is the Number One Competitive Economy on the planet and we can’t make the top ten (World Competitiveness Report 2018.)
No one will tell the truth.
I read the newpaper report of the all-candidates event at the Parksville Community Centre this past Monday.
I did not miss much, did I? Just more stuff on the environment; as if such a topic could be discussed devoid of the reality of fiscal issues, economic development, employment and the burgeoning federal debt.
It is amazing how much we allow ourselves to exist in these bubbles of political correctness.
I just travelled on BC Ferries from Tsawwassen to Duke Point.
At Tsawwassen I saw the large Delta Port with mounds of the dirtiest of fossil fuels, coal. Ships from Asia, burning fossil fuels, were loading the stuff. It is the largest port of its kind in North America. Coal was British Columbia’s largest export in 2016.
Not one protester to be seen
Then at Duke Point I saw the large pulp mill which processes trees and emits stuff in the air. Large machinery (burning fossil fuel) and people cut and carry the trees, upsetting the ecology. Large ships burning fossil fuels side up to the docks. Pulp is another B.C. export.
Not one protester to be seen.
Safely ensconced in a community hall (that just might be heated by a fossil fuel, surrounded by parking lots of asphalt) not far away, just days before, we find all these candidates espousing these platitudes about the environment while they spend the money generated from that coal and those trees, the oil and gas, the gold and copper etc.
Oh, and if they run out of that revenue they just borrow more if needed. Federal debt has increased by almost $200 billion in the last ten years. And Provincial debt by more than $20 billion. Silly talk of taxing the polluters doesn’t cut it — the billions needed will involve more taxes, higher electricity bills and more debt as Spain, Germany and California are now learning and with insignificant carbon reduction. China built sixty coal fired power plants last year, says the Institute for Energy Research.
Meanwhile wind and solar, touted as solutions by these environmental types,
cannot sustain a grid without fossil fuels; they desecrate the landscape, kill birds and destroy valuable ecology.
But that type of talk is not acceptable anymore. Fantasy and hyperbole is all that is on the menu.