Tie Liberals' Bad Decisions With Their Pensions

Let's see what stupid ideas they come up with when someone screws around with their money:

Last Friday, the Prime Minister’s Office announced that the federal government is extending a $2.14-billion loan to Telesat Lightspeed so it can “expand internet and 5G networks in communities across Canada, with affordable, high-speed broadband connectivity.”

Additionally, Telesat will help the federal government “bolster its satellite communications technology and support North Atlantic Treaty Organization (NATO) and North American Aerospace Defense Command (NORAD) modernization to keep Canadians safe.”

Conservative MP Michael Barrett critiqued the plan by asking Elon Musk what it would cost for Starlink to provide rural broadband throughout the country. Musk replied that the cost would be less than half the $2.14-billion price tag.

As expected, members of the unloved and increasingly bitter Liberal government attacked Barrett for his query, accusing him of selling out Canadian workers and industry for daring to suggest the U.S.-based Starlink might be a better option.

A bit more surprising was how Industry Minister François-Philippe Champagne, who is usually regarded as one of the smarter members of the cabinet, derided Musk as a “foreign billionaire.”

Remember that silly quote spoken by Justin Trudeau during the 2015 election, “A Canadian is a Canadian is a Canadian”? Well, Musk, who grew up in South Africa, inherited Canadian citizenship from his mother and went to Queen’s University. Yet the fact that he made his money in the United States apparently disqualifies him from being a worthy Canadian in the eyes of Champagne and some far less impressive members of the government. ...

 

(Sidebar: how ever will Frank explain away his Chinese-owned mortgages or the Chinese interference that is still being kept under wraps?) 

Further:

Last year, Ottawa and the Ontario government handed over $215 million to Rogers Communications to expand its rural fibre-optic network in the province. Had Starlink been commissioned instead and connected about 66,000 homes to its satellite grid, it would have only cost $50 million.

Rogers does not need one more sweet deal from any government at any level. It is already bolstered by regulations that favour domestic companies and allow it to maintain its oligopoly in the telecom market, alongside Telus and Bell. ...

Attempts by smaller entities to gain a foothold have largely been snuffed out by acquisitions and mergers. The result is that Canadians pay seven times more per gigabyte for mobile data than Australians, 25 times more than the Irish and the French, and an astounding 1,000 times more than the Finnish. ...

Neither Elon Musk nor the United States are hostile entities, and any attempt to equate them with the Chinese government is spurious.

Speaking of China, it was the Liberal government that awarded a contract to provide RCMP radio equipment to a firm linked to the Chinese government. For that and a variety of other reasons related to their former and current friends in Beijing, the Liberals have no right to be accusing people of compromising Canada’s national security.

 

I would never accuse the Liberals of being loyal to Canada.

If Liberals are confident that their expensive deal with a Quebec company is the way to go, let them invest their pensions in it, as we are forced to put our pensions in all manner of schemes we never approved of.

What do the Liberals have to fear?