Sunday, November 14, 2021

It's Just An Economy

People vote for the politicians whose views reflect their own.

And how!:

With the prime minister’s declaration in Glasgow last week that the screws will be tightened on oil and gas emissions to achieve net zero by 2050, it is not far-fetched to suppose that Alberta could eventually become a “have-not” province. Even with good news, such as Amazon’s $4-billion investment in a Calgary hub, a declining oil and gas sector will erode Alberta’s growth.
 

(Sidebar: more here.)

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Almost two-thirds of Canadians support immediately capping greenhouse gas emissions from the oil sands – even if it puts jobs at risk, according to a new poll.

Sixty-three per cent of respondents to a Nanos Research poll said they agree or somewhat agree that Canada should immediately limit emissions from the oil and gas sector and curtail them over time. Thirty-four per cent said they either disagree or somewhat disagree, and 3 per cent said they are unsure.

 

(Sidebar: then, Alberta and Saskatchewan, give poverty to Canada good and hard.)

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Just to remind one, Quebec is special:

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The number of Canadians who declared they were insolvent increased in the third quarter of the year and is expected to continue to rise.

According to the Office of the Superintendent of Bankruptcy, insolvencies in 2021 reached 21,649 cases in comparison to the 21,335 cases last year. 

When excluding insolvencies filed by businesses, consumer insolvencies spiked to 21,113 compared to 20,707 a year ago. 

The insolvency numbers are being reported at a time when Canadians are struggling to afford the growing price of groceries and gasoline due to inflation.


(Sidebar: this inflation.)


 

Of course the elitists are insulated from their own policies. It's not like anyone cares to remind them:

Neo-Feudalism is a great way to describe what we are seeing from politicians like Justin Trudeau, Chrystia Freeland, and Steven Guilbeault.

They feel completely entitled to fly around the world, meet with celebrities and other elites, eat luxury dinners, and run up a big carbon footprint, all while holding themselves up as somehow being in a position to lecture the rest of us on why we need to cut back.

This is profoundly anti-democratic, and is a return to an era when feudal Lords lived in (relative) luxury and security, while all those around them were impoverished and desperate. Yet, to question this disparity was seen as crazy, as most people just accepted that those at the top had the right to live far better than everyone else.

Of course, today our leaders are even more insulated.

In what is certainly a distortion of the way things are supposed to be, most politicians now have far more in common with their counterparts in other countries than they do with their own fellow Citizens.

They are all generally insulated from the impact of their own policies.

 

 

If pious-mobiles paid for themselves and didn't require being plugged into the grid, why would they need subsidies?: 

Premier Doug Ford is dismissing the idea of bringing back a rebate to encourage Ontarians to buy more electric vehicles, even though the province is lagging behind much of the country in sales.

"I'm not going to give rebates to guys that are buying $100,000 cars — millionaires," he said Wednesday, even though his own government says it's counting on rising sales of those electric vehicles (EVs) to help bring down greenhouse gas emissions.

 

Also:

The tax provision is currently under debate at the House of Representatives and has not been passed yet.

It calls for a $4,500 incentive for union-made vehicles and $500 for U.S.-made batteries. Vehicles would have to be made in the United States starting in 2027 to qualify for any of the $12,500 credit.

The tax credit has been criticized by Canadian politicians as potentially putting thousands of jobs in Canada at risk and hurting the integrated continental auto industry.

 

Piety has a cost.


 

We're scared of making money:

Canada’s competitiveness and economic growth are being hampered by restrictive policies and the government’s disinterest in fostering the wealth-producing business sector, an economist says.

“There’s an increasing feeling in this country that something has gone wrong with our economy, and in particular our business sector, that we’re just not as competitive on the world stage as we used to be,” Philip Cross, a senior fellow at the Fraser Institute and former chief economic analyst at Statistics Canada, told The Epoch Times.

 


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