Despite credit cards, e-transfers and online banking having already made money go pretty much digital, the Bank of Canada is busily working on a much bigger transformation. Canada is one of about 100 countries that – in uncanny synchronicity – several years ago joined...
Results for "china"
Rob MacCulloch: NZ’s MainStream Media Wants to Overthrow the New Govt
My mother used to tell me a story about how the daughter of a prominent family who owned a large media outlet had applied for journalism school. At the interview they asked her if she had any relatives working in the business. She was young and told the truth. She...
Hard to Find the Moral High Ground in Lawsuit Against Opioid Makers
The government of British Columbia is off on another lengthy legal boondoggle as it seeks to make opioid manufacturers pay for the ongoing epidemic of opioid overdoses. It spent an estimated $75 to $100 million dollars to sue Dr. Brian Day for operating a private...
Flat Copper, EV Glut, Imploding Wind Power, Equal Green Crash
Large fissures are appearing in the ‘Green Transition’ story climate crusaders tell themselves. They are trying to foist it on a reluctant public and skeptical business world. One recent such crack is the carve-out on carbon taxes for heating oil in the...
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Demand Fairness from Ottawa and Edmonton
A few weeks ago, Albertans voted to reduce the inequities in the federal equalization program. The deficit between the dollars that leave to and come back from Ottawa has recently been as high as $27 billion in one year. During times of crisis, it feels like salt in...
Inflation: They Win, You Lose: Politicos, Cronies Fleece Canadians with Monetary Expansion
One of the most widespread economic myths is that inflation—the reduced purchasing power of a currency—is a win for a nation, a sign of a booming economy. For the privileged classes in government and with initial access to monetary expansion, it is a win. For everyone...
The United States and Provinces of Red North America
(Editor's note - The federal government committing to net zero policies at the November 2021 UN Climate Change summit in Scotland, effectively requires the eventual phase out of western Canada's hydrocarbon producing sector. This essay, though from a year ago,...
Carbon Border Taxes: A Counterproductive Idea Which Will Lead to Penalized Customers
Carbon taxes at the borders are becoming a popular idea among some countries and world regions. For example, the European Commission, the EU executive institution, is proposing environmental tariffs “on imports from countries with less stringent climate-protection...
How the Prairie Provinces Can Benefit from an Improved Trans-Pacific Partnership
The Trans-Pacific Partnership was one of the world’s most ambitious trade deals. The agreement between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam and the United States was signed on February 4, 2016. Its goal was...
Social Conflict Abridged: From Unperceived Injuries to Claiming—What is Conflict?
Societies today are in a state of flux influenced by myriad factors—globalization versus nationalism, liberalization versus traditional values, and immigration versus closed borders. Some people perceive that an injustice has been committed against them while others...
Process, Effectiveness, Efficiency, Accountability and Transparency Inspectorate, ‘PEEATI’
A litany of disastrous decisions have sometimes cost lives and definitely many billions of dollars. Effectively cancelling the Global Public Health Intelligence Network; the failure to implement the pandemic preparedness protocols developed by Ottawa’s public health...
Foreign Influence in Canadian Economy?
Foreign influence or interference has become a mediatic topic. The fear and suspicion of interference in the elections and democratic process have been in news headlines. For the western countries, the suspicion bears on Russia and China. Revisionist powers have a...
How ESG Standards Favor Toxic Petrostates
Coercion and vandalism have become commonplace tactics to force insurers off mining and oil development projects throughout the world. Ironically, that clears the way for companies with deep pockets and petrostates whose goal is geopolitical supremacy, not...
Beijing’s Minions Don’t Belong on Canadian Stock Exchanges
The Chinese economy is growing and surpassing the U.S. economy in size. That stature, with its consequent soft and hard power, means opposition to the Communist Party of China (CPC) regime needs to be multilateral. No matter how much unipolarity the U.S. has enjoyed...
Manitoba Trade with the U.S.: The Need to Strengthen Relations with the Midwest
Trade is essential for Manitoba’s economy. International exports and imports represented 46.4 per cent of GDP for Manitoba in 2018. With a significant goods-related industry estimated at 26.9 per cent of GDP in 2019, Manitoba needs to have strong trading partners to...