Time for a Canadian energy strategy

In rejecting Keystone, Obama blew apart the underlying logic of Canada’s current energy strategy

Time for a Canadian energy strategy"Control your own destiny or someone else will," Jack Welch, former CEO of General Electric, once said. These words came back to me when I learned that U.S. President Barack Obama had rejected TransCanada Corp.'s application to build the Keystone XL pipeline. The pipeline would have carried Alberta bitumen from Hardisty to Nebraska, where it would…

Energy sector squanders special relationship with Albertans

Its crass betrayal will not be forgotten, or forgiven

Energy sector squanders special relationship with AlbertansAlbertans have long memories, and one of their fairest is almost a century old. It’s a highly emotional tale, filled with swaggering oilmen and wildcatters from places like Oklahoma and Texas bringing their wide-eyed optimism and their money to Alberta during the Great Depression. When the bottom fell out of the Alberta economy in the…

Twilight of the baby boomers

With the rise of the new generation, the boomers are finally the ones on the outside looking in

Twilight of the baby boomersThe unthinkable has happened: in two successive Canadian elections, unproven and much younger left-leaning political neophytes have electorally swamped conservative parties possessing skilled and experienced leaders. It was more than a fluke. It’s a changing of the guard that signals the political twilight for a generation of Baby Boomers who suddenly seem old and out…

Unleashing Alberta’s technology sector

Alberta's tech sector needs to escape the Starvation Zone to become successful commercial businesses

Unleashing Alberta’s technology sectorHere we go again. Alberta Premier Rachel Notley is commissioning a panel to study methods to diversify Alberta’s economy. The public may be forgiven for shrugging their shoulders; after all, diversification has – theoretically – been a top priority since former Premier Peter Lougheed. The truth is, when it comes to diversification, we know what…

The TPP train wreck

Continues the hollowing out of the Canadian economy

The TPP train wreckThe reasons for the deep secrecy surrounding negotiations for the Trans-Pacific Partnership (TPP) are becoming clear. The TPP is a train wreck. Its true intentions are hidden, its impact on Canadian jobs could be devastating and – more importantly – TPP seriously weakens Canadian sovereignty. While the deal – negotiated between 12 nations including Canada…

Milton Friedman and the Volkswagen implosion

It was Friedman who laid out the monetarist case AGAINST social responsibility for business

Milton Friedman and the Volkswagen implosionWe should have seen it coming; in fact, we did see it coming and still ignored the obvious truth. Volkswagen’s infamous “Diesel Dupe” is a self-inflicted (possibly mortal) wound for the iconic German carmaker. At present, VW is recalling 500,000 cars in the U.S. and has set aside 6.5 billion Euros to cover the expected…

Eliminating poverty is achievable

Canadians could look to the past for innovative ways of dealing with poverty

Eliminating poverty is achievableEdmonton Mayor Don Iveson wants to eliminate poverty in a generation. You have to admire his vision and ambition, but it won’t be easy to accomplish this lofty goal. The Mayor’s Poverty Task Force studied the problem and has recently made 28 recommendations. It identified the root causes of poverty as a chronic lack of…

New economic vision needed for Canada

To increase productive growth investment, the government has to start with the banks

New economic vision needed for CanadaIt’s taken some time to get there, but even the Tories admit (reluctantly) that the Canadian economy is in recession. The big question for the electorate is: can government do anything to improve the situation? All of our party leaders have plans to stimulate the economy; regrettably, they’re offering up the same tired old corporate…

Political parties corrupting representative government

The power of political parties and modern communications has corrupted the practical reality of representative government

Political parties corrupting representative governmentPolitics in Canada is hitting new lows. Our last few federal elections have been filled with negative attack ads, robo calling scandals and bitter animosity. Meanwhile the House of Commons has become a partisan war zone, where artless backbenchers earn political points firing barbed insults across the floor. It is no surprise that municipal politics…

How the Canadian economy can get out of the mess it’s in

The Canadian economy is vulnerable today because ‘markets’ couldn't care less about Canada's, or anyone’s, standard of living

How the Canadian economy can get out of the mess it’s inAs Stephen Harper prepares for the real election campaigning to begin after the Labour Day long weekend, he must be praying for some good news on the economic front. The news so far has been pretty miserable. With a year of falling oil prices, month after month of stagnant (or worse) GDP growth and a…