Canada

More hypocrisy with the Climate Emergency, this time in Canada

What a joke.

Canadians are not for carbon taxes. The landslides against the Trudeau Liberals in the provincial elections of Ontario & Alberta (and the recent by-election in Nova Scotia yesterday) have all used the key platform policies of rescinding carbon taxes. 

Steve Craig and the Progressive Conservatives handed the Nova Scotia New Democrats their first loss in the constituency of Sackville-Cobequid in 34 years at the by-election. Craig won the election with 2,655 votes. Liberal candidate Michel Hindlet was a distant third with 658 votes, just ahead of Green Party candidate Anthony Edmonds who received 488 votes. Why? Because Canadians want sustainable work where they have a competitive advantage. Not to be punished with punitive taxation with policies driven by a completely incompetent government.

Candian PM Justin Trudeau and Environment Minister Catherine ‘Climate Barbie’ McKenna have essentially copied the example set by the Irish government with respect to its announced ‘Climate Emergency.’ It is pure posturing not backed up by action. The pipeline fiasco has been so incompetently handled.

The Canadian Liberal government paid $4.5bn for a 60yr old pipeline that was sold a decade ago to Kinder Morgan for $377m for an asset RBC valued at $2.5bn. Last year, Kinder Morgan threatened to cancel the project altogether. Desperate to keep it alive – and the most transparent example of how much the Canadian govt depends on oil  – Trudeau nationalised it. Another $7.5bn will be spent to “create jobs” with this pipeline.

Apart from Canadian tax dollars going to fund a US company’s ability to expand and compete against Canadian suppliers, the real truth of Trudeau’s intentions probably doesn’t become any clearer when examining the sponsored summer jobs programme (where businesses could only get greenlighted if they shared “his” values). Yes, taxpayer dollars were approved by Trudeau to help activists protest a pipeline he’s just bought. This was an ad posted by Dogwood:

“As an organizing assistant through the Canada Summer Jobs program, you will work directly with a Dogwood Provincial Organizer and the field organizing team to help our organizing network stop the Kinder Morgan pipeline and tanker project, as well as help us strengthen the public call for stronger, more accountable and transparent democracy.”

Now, Trudeau’s party has declared a climate emergency and approved the expansion of the Trans Mountain Expansion (formerly owned by Kinder Morgan) straight after.

McKenna has made so many gaffes on her carbon tax. This video shows just how little idea they have about what they wish to introduce. She also said that not only would she refuse to debate with those that disagree with her on climate change but that Canadians have a $30 trillion (yes you read right) opportunity by 2020 because of the Liberal’s carbon tax and associated environmental policies. Who wouldn’t vote for a party that can 20-bag an economy in 2 years?

More leftist lunacy. Bleat about dedication to the environment, squeal about how we face imminent death if we don’t do something and then don’t back it up with actual deeds.

Ontario NDP wants to lower voting age to 14

Ontario NDP has said if it gets into power it wants to lower the voting age to 14. Surely it can muster policies that attract the adult population without having to resort to giving the vote to young impressionable teenagers. Good luck with getting into power on that measure.

2/3rds of Canadians say carbon tax will negatively influence vote

It seems Canadian PM Justin Trudeau and his Environment Minister Catherine ‘Climate Barbie’ McKenna won’t like hearing the results of a Forum poll which suggests 65% of citizens say a carbon tax would affect their vote.

Trudeau only needed to look at the drubbing handed out to his Liberal Party in Ontario and Alberta to understand the extent of how popular carbon taxes are viewed by the electorate.

Hopefully the PM can prosecute his policy with a little more skill than his plastics ban.

In any event, betting agencies money maybe slightly safer paying out early on a Conservative win. Trudeau is that disastrous.

Justin Trudeau explains his plastics ban

Canadian PM Justin Trudeau put forward his case for cutting down on plastics with such eloquence. How could one not be sold?

Note CM has discussed the stupidity of plastic bag bans here.

Alberta cancels carbon tax

Alberta United Conservative Premier Jason Kenney has repealed the carbon tax placed by his predecessors. It was a key election promise and he has vowed to challenge any attempt by Ottawa to force adoption of a federal carbon tax.

In Alberta, Jason Kenney of the United Conservatives gained 63 seats from 25 at the last election handing victory over incumbent Rachel Notley of the New Democrats which fell to 24 seats from 52.

In Ontario, Doug Ford’s Progressive Conservatives surged from 28 seats to 76. His main rival, incumbent Kathleen Wynne of the Liberals fell from 58 to 7. He also repealed the carbon tax soon after election.

Justin Trudeau is fighting a losing battle if he thinks a carbon tax will help his re-election.

People want jobs not useless taxes which achieve nothing.

Nazi scum?

Just a day before the 75th anniversary of D-Day, where 156,000 allied troops stormed the beaches of Normandy to defeat the Nazis, unhinged protestors in London can scream at a person with different views as  “Nazi scum”. We can always count on the tolerant left to engage in thoughtful, respectful and open debate. Their generosity has now spread to offering unsolicited milkshakes to those they disagree with.

What is striking within all of this, is 1) the police did absolutely nothing (no surprise in Mayor Khan’s London and to be honest the constable looked riddled with fear);  2) every other grievance of the left seems present at the march from the Extinction Rebellion, Islamophobia, Anti-Semitism (ironically practiced by numerous members of the Labour Party which aligns with many of their protests), a call for a general election (which would likely see even bigger swings against this lot) etc; and 3) so many protesters hiding behind masks. What is it with these people who can’t own their protest?  Maybe the Univesity of Mons can hand her an honorary doctorate for standing up to Trump?

Welcome to 2019. To think of the 4,500 poor young allied soldiers who lost their lives on that fateful day 75 years ago trying to defend against the very tyranny these people wish to reintroduce. Those calling others Nazis should take a long stone cold look in the mirror to see what true fascism looks like.

Almost half of Canadians on verge of bankruptcy-Ipsos

An Ipsos poll for bankruptcy specialist MNP Ltd has shown that 48% of Canadians have $200 or less of going bankrupt each month after meeting all obligations. The poll also revealed,

“35% of Canadians say an interest rate increase would move them towards bankruptcy, while 54% said they worry about their ability to repay debts.”

This is consistent with a ME Bank survey in Australia which found only 46% of households were able to save each month. Just 32% could raise $3000 in an emergency and 50% aren’t confident of meeting their obligations if unemployed for three months.

According to Digital Finance Analytics, “there are around 650,000 households in Australia experiencing some form of mortgage stress. If rates were to rise 150 basis points the number of Australians in mortgage stress would rise to approximately 930,000 and if rates rose 300 basis points the number would rise to 1.1 million – or more than a third of all mortgages. A 300 basis point rise would take the cash rate to 4.5 per cent, still lower than the 4.75 per cent for most of 2011.”

Do you know how many homes NAB has under repossession on its books at the latest filing? Around 277. Yes, Two hundred and seventy seven. Out of 100,000s of loans.

But we needn’t worry because we have to trust our central banks will keep rates low to avoid any economic shock. Remember the current and previous US Fed Chairmen have all but guaranteed there will be no more financial crises in their life time. Either they don’t hold much prospect for their longevity or they are clutching at straws.