Canada
Biden: We need more oil from Canada, but not through a pipeline
People seem to be realizing that Joe Biden’s plan to drain the Strategic Petroleum Reserve down to less than half of its maximum capacity isn’t going to do anything to cut gas prices by more than a dime or so. Biden and his advisers have apparently reached the same conclusion themselves. As this realization dawns, the White House appears to have finally figured out that if you want gas prices to drop you either have to reduce demand or increase the supply. (Funny how that works, eh?) Telling people to stop driving is a nonstarter, so they’re going to have to find some more gas. And to make more gas you need more oil.
GOLDSTEIN: Keystone killer Joe Biden now wants more of Canada’s oil
U.S. President Joe Biden’s brain must be an irony-free zone.
Having killed the Keystone XL pipeline on his first day in office on Jan. 20, 2021, he’s now looking for ways to increase shipments of Canadian oil to the U.S.
Guilbealt says “climate change is killing people,” opposes cuts to fuel prices
Guilbeault made the comments on Tuesday during an interview on CPAC’s Prime Time Politics, saying the recent move by Alberta and Ontario was counterproductive to the government’s climate goals.
Liberals to unveil 2022 federal budget, announce billions in new spending
The federal Liberals are set to unveil their latest spending plan today that aims to balance promises made to voters in last year’s election campaign, in the pact with the NDP, and recently to Canada’s global defence allies.
Finance Minister Chrystia Freeland is scheduled to table the budget in the House of Commons this afternoon.
The economy has fared better than anticipated over the past few months, which along with higher prices for oil is expected to pad the government’s bottom line and help offset any new spending to be announced.
Bloodletting As a Remedy
Conventional economic wisdom says that in a time of economic stress, raising taxes is a bad idea. In that light, the recent increase in carbon tax & proposed increases in other taxes defy sense and can only be attributed to messianic zeal.
Canada has no chance matching Russia’s Arctic presence: Defence Chief
According to Defence Chief Gen. Wayne Eyre, Canada cannot hope to maintain a permanent presence in the north, but instead will only deploy troops where necessary.
Eyre appeared before a Senate committee earlier this week as Prime Minister Justin Trudeau and Defence Minister Anita Anand met with premiers from Canada’s territories – Nunavut, Yukon and the Northwest Territories.
Ottawa’s plan to tax big bank profits will flow to consumers: Scotiabank CEO
The final message to Scotiabank shareholders from its president and CEO’s annual address: a higher tax on the country’s biggest banks is a tax on you.
Brian Porter called a tax hike that’s widely expected to be included in Thursday’s budget a “knee-jerk reaction that sends the wrong message to the global investment community.”
Calgary police to delay removal of thin blue line patches, citing internal discord
A recent decision by the Calgary Police Commission to require officers to remove a controversial thin blue line patch from their uniforms has deepened discord within the police service, according to Calgary’s police chief.
As a result, Calgary police have delayed by two weeks a requirement that officers remove the patches.
Razor’s edge: Canada’s Liberals eye more spending as inflation burns
Canada’s Liberals find themselves in a bind ahead of this week’s budget: the economy has recovered from the pandemic, yet Prime Minister Justin Trudeau has pledged billions in new stimulus, a political poker chip that could further torch runaway inflation.
Liberal government tables legislation to force online giants to compensate news outlets
The new regulatory regime would require companies like Google and the Meta Platforms-owned Facebook — and other major online platforms that reproduce or facilitate access to news content — to either pay up or go through a binding arbitration process led by an arms-length regulator, the Canadian Radio-television and Telecommunications Commission (CRTC).
Poilievre’s Plan To Unlock The Potential Of The Port of Churchill Is The Ambitious Thinking Canada Needs
The Port of Churchill on Hudson Bay can help unite and enrich our nation, while providing the energy supplies our European Allies need.
Canada needs to get to 100 million people by 2100: BlackRock’s Wiseman
If Canada hopes to reach that 100-million population goal, Wiseman says the nation has to immediately boost its immigration numbers.
“All we have to do if we start acting today is increase by about 20 to 30 per cent from what we are doing today and then we get what’s known in investing as the compounding effect… Those immigrants will have children, those children will have children, et cetera,” he said.
CRTC can regulate the internet and protect free speech, its chairman says
CRTC Chairman Ian Scott says the CRTC can handle the task of implementing the Liberal government’s controversial online streaming legislation, including safeguarding freedom of expression.
Speaking at Ryerson University in Toronto, Scott shrugged off critics’ concerns about giving the broadcast and telecom regulator the responsibility of figuring out how to put Bill C-11 into practice.
“Users of online and social media services expect freedom of expression, and they will continue to enjoy this under the new Broadcasting Act,” Scott said in the speech Friday, according to a transcript made available by the CRTC Monday.