Canada heads down the path to debilitating debt again

Deficit spending by the Trudeau government will simply slow our recovery and handicap future generations

Canada heads down the path to debilitating debt againThe federal government’s planned $30-billion budget deficit, to be followed by three more deficits totalling $113 billion, brings to mind former U.S. Secretary of State Henry Kissinger’s observation that “It’s not often that nations learn from the past, even rarer that they draw the correct conclusions from it.” The budget deficit is triple the “modest”…

Energy East pipeline delays unconscionable

There is no justification for continuing to do business with the Saudis or selling our oil to the Americans for cut rates

Energy East pipeline delays unconscionableWhat is the relationship between these events? Foreign Affairs Minister Stephane Dion announces the federal government won’t stop the controversial $15-billion arms sale to Saudi Arabia despite what he terms the kingdom’s “terrible” human rights record because “very surely … the equipment would be sold to Saudi Arabia by another country and this would not…

Trudeau is out of touch with Canada’s economic reality

Blissfully unaware of the devastating impact of collapsed resource revenues on the entire nation

Trudeau is out of touch with Canada’s economic realityPrime Minister Justin Trudeau has a penchant for clever quips. He seems to especially relish combining them with digs at Stephen Harper. He told a Davos audience, “My predecessor wanted you to know Canada for its resources. I want you to know Canadians for our resourcefulness.” Besides being a gratuitous shot that hardly dignifies his…

Debunking the myths of Canadian health, fiscal and energy policy

We pay a significant cost for investing socially in ideas that can't be supported by fact

Debunking the myths of Canadian health, fiscal and energy policyHumans have always believed in myths, despite evidence that shows those beliefs had no foundation in fact. Sixteenth century Italian physicist Galileo Galilei was convicted of heresy after he angered Pope Urban VIII by publishing telescopic observations supporting Copernicus’s theory that the Earth revolved around the sun, rather than the other way around. More than…

The state of oceans the world’s No. 1 environmental challenge

Step aside climate change, it is the state of our oceans that is reaching the point of no return

The state of oceans the world’s No. 1 environmental challengeIs climate change really the most urgent environmental threat facing our planet? At the COP21 (Conference of Parties) that concluded last week in Paris, leaders from around the world called for “urgent action” on climate change. But according to the most recent report by the Intergovernmental Panel on Climate Change (IPCC), Mother Earth warmed by…

Natural gas is coal’s only real alternative

Natural gas offers an enormous opportunity for a cleaner atmosphere

Natural gas is coal’s only real alternativeOn the final day of the June 2015 G7 summit in Germany, host Chancellor Angela Merkel announced the leaders had agreed on the need to “decarbonize the global economy in the course of this century.” Environmental activists were exultant. A week later, Pope Francis issued an Encyclical calling for the world to come together to…

The moral hypocrisy behind the anti-fossil fuel movement

The reality is that end users, including environmentalists, contribute the largest proportion of global GHG emissions

The moral hypocrisy behind the anti-fossil fuel movementSince the dawn of the Industrial Revolution in the mid 1700’s, fossil fuels have transformed mankind’s journey in almost every conceivable way. Agricultural production has soared, transportation was revolutionized, electrical power enabled breathtaking technological advancements and petro-chemistry has provided synthetic materials for the manufacture of everything from fertilizers to plastics to clothing and even heart…

Media fails to provide perspective on Conservatives’ economic record

Canada remains the only G-7 nation besides Germany not facing a major deficit

Media fails to provide perspective on Conservatives’ economic recordSeveral years ago, a Globe and Mail Report on Business article highlighted the newspaper’s commitment to providing “perspective” in its news stories. I have long considered that a laudable and necessary component of professional journalism. Unfortunately, it’s all too rare in today’s print and electronic media. One of the most egregious examples of failure to present…

Frankenfood follies put world at peril

GMOs may be the only way to avoid catastrophic global water and food shortages

Frankenfood follies put world at perilThe UN’s annual World Water Development Report, published in March, warned that unless the balance between demand and supplies is restored the world will face a “global water deficit” of 40 per cent by 2030. Two weeks ago, protestors in hundreds of cities in 38 countries rallied against agricultural research giant Monsanto’s genetically modified plant…

Canada’s healthcare system financially unsustainable

The only country in the world that forbids competition with the public healthcare system

Canada’s healthcare system financially unsustainableHere’s a little thought quiz to start your week. Which of the following characteristics come to mind when you hear the term monopoly service: efficient, customer-oriented, innovative, high quality, low cost? If you answered “none of the above”, you probably recall the days when hooking up your telephone, sending a package, or even travelling by…
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