One area where talk has absolutely no effect, or symbolic gestures mean absolutely nothing is in the area finance. Raising taxes and expanding the bureaucracy will alway hamper healthy economic growth. Where in Canada are we hampering or encouraging economic growth?
There was good news in that there was no new tax increases. No tax cuts either. For an effort to spur growth the Federal Budget won't go down in history as courageous. There will be a Deficit increase as illustrated on the chart.
Another government in Canadian history is poised to declare that the Canadian Government can afford to borrow a lot more money. Its fine because Global Economic Health is stable or growing. The question, what happens when the Global Economic Health descriptor moves through stable to plunging?
The teachers and students who argue strenuously for pension fund divestment of companies involved in Oil & Gas production, particularly in the Oil Sands, have not made a single small dent with their protests. Michael lists why they haven't.
Greenpeace admits in court that the facts it used in a campaign to destroy a business and workers livelihoods were not scientifically accurate. Nothing more than their own BS. It will be interesting to see if their donations decline now that they've admitted to misleading the public
Despite average income growing by 24% and poverty declining significantly during the last period of free trade, the opposition to Free Trade will be loud and determined. Likely lead by those who say they are speaking for the poor.
The failure of our leaders to think through the effects of increasing debt and unfunded liabilities, the consequences on social stability of open ended refugee immigration, or what the implications that raising certain taxes will have on other revenue existing streams is threatening the entire global financial system.