Major institutional investors and chief executive officers of large multinational corporations have begun to distance themselves from the so-called ‘movement’ called Environmental, Social and Governance standards or ‘ESG’. No less personages than Larry Fink, CEO of...
The dubious ‘problem’ of purported global warming has become a key driver of public policy, bringing social coercion and huge capital allocations by governments and corporations across the world. Thus, very skeptical scrutiny should be brought to bear on...
Ottawa has a spending problem, with a worrisome deficit and a debt service problem. Canada’s federal debt is about $1.2 trillion - roughly $30,000 per person, over $60,000 per household. Even worse, the debt is growing, with the current Liberal regime forecasting a...
Big handouts to buy votes
For the past 14 years, Vancouver surgeon Dr. Brian Day has led the charge for health-care reform, pushing for the right of patients to pay for private care if their health and well-being are threatened as a result of waiting in a stagnant and overburdened public...
The path to net zero, based on the much disputed belief that carbon dioxide is a pollution, is more steep and impractical than most people realize. Replacing fossil fuels with clean electricity will require much more power generation and a greatly upgraded grid to...
It is a relief that the U.S. Federal Reserve Board is not veering off into climate theology or other mission-irrelevant distractions. While recent comments of the Fed’s chair, Jerome Powell, were unequivocal, comments from the Bank of Canada have not been as...
Proponents of evermore expensive government social programs often point to other nations, usually in Scandinavia, as places Canada should emulate. These advocates call those nations, erroneously, Socialist or Social Democratic. However, they are not. It is important...
A recent PwC-sponsored article in a national newspaper proclaimed the “benefits” of employing self-styled experts in something called environmental, social, and governance (ESG) corporate disclosure. The firm warns not using their services may put executives offside...
Recently, the United Nations estimated that the population of Planet Earth had reached eight billion souls. Despite the chatter of the highly subsidized climate doomster complex this is quite an achievement - it certainly indicates that the carrying capacity of our...
Canada’s ‘loonie’, as Canadians commonly and affectionately call our currency, continues to suffer compared to the United States’s dollar. Ten years ago Canada’s dollar was equal to the U.S. dollar, and imports from the U.S. we’re almost 40% cheaper than now. Now...
ESG (Environmental, Social and Governance) is a risky investing fad pushed by a well-organized, self-anointed group of institutional investors and consultants where investment decisions favour companies that score well on meeting this group’s climate change, diversity...
The National Post’s recent profile of Canada Pension Plan’s investment philosophy notes that CPP Investment Board managers have bought into Environmental, Social and Governance, ‘ESG’, scoring in its asset allocation. Having permeated Canada’s institutional investment...
Among their dubious claims and assertions, Climate Change and Green Transition self-styled activists advance their goals with one outright fiction: that ‘levelized’ power costs from solar panels and wind turbines is very low - lower than the marginal cost (being only...
ESG ideology has interventionists and self-proclaimed ‘activists’ asserting both control over corporate decision-making and investment and divestment decisions of institutional investors. Betwixt Environment and Governance, the ‘S’ criteria represent social factors...