Jack Mintz: Carbon taxes make the Bank of Canada’s job harder

With July inflation ramping up again on Tuesday, it’s obvious the battle ain’t over yet. The headline inflation rate jumped to 3.3 per cent from last month’s 2.8 per cent. While mortgage costs and food are major contributors to our stubborn inflation, energy prices have risen 5.8 per cent in the past four months, thanks in part to the carbon tax hike last April 1.

As the world continues its march to net-zero emissions by 2050, an interesting debate is rearing its head as to whether the energy price inflation will affect monetary policy. That point was made last year by Isabel Schnabel, a member of the European Central Bank’s Executive Board: “As we build a more sustainable economy, we face a new age of energy inflation … that can be expected to lead to a prolonged period of upside pressure on inflation,” she warned

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Want to ease Canada’s housing crisis? Let’s start by being responsible about international student visas

Desperate calls by schools to urge local homeowners to rent out their rooms; students paying $650 a month to live three-to-a room in college towns boasting monthly rents upward of $2,000; a viral TikTok video purports to show an international student living under a bridge in Scarborough, Ont.

Housing is a complicated issue. It will take co-ordination, cash, and time to fix. But in the short term, there is at least one glaringly obvious – if surely controversial – way to help ease the challenge of finding affordable rental accommodation: We need to stop issuing so many international student visas.

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Canada to invest $644 million in Ford battery materials plant in Quebec

Canada will be investing $644 million in a new battery materials production plant to be built in Becancour, Que., by automaker Ford Motor Co. and South Korean companies EcoProBM and SK On Co.

The federal government and the province of Quebec will each provide conditional loans of $322 million to build the plant, which is valued at more than $1.2 billion and is expected to create over 345 jobs, the federal government said in a press release on Aug. 17.

Fun fact!

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Privately, some Liberal MPs say they’re frustrated with Justin Trudeau’s government: ‘Do I want to keep taking the beating I’m taking?’

OTTAWA—Some Liberals say the mood inside their parliamentary caucus has soured in recent weeks over concerns about the government’s performance, as Prime Minister Justin Trudeau prepares to huddle with his newly overhauled cabinet in Charlottetown.

Members of the government’s front bench will travel to the capital of Prince Edward Island next week for a three-day retreat, where they will strategize and discuss a range of issues linked to rising costs of living — particularly housing — and concerns about public safety and government services, said one senior adviser to the prime minister.

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The Liberals have broken Canada’s immigration system

… the Liberal government has gone to extraordinary lengths to give employers a nearly unlimited supply of low-wage workers, with many of those now arriving via the education visa stream. Those visas used to be entirely about education, but many schools now appear to be partly or even mostly peddling something else, namely the opportunity to reside and work in Canada, usually in a low-wage job.

Canada’s immigration system used to be the envy of the world.

Note my use of the past tense.

To appreciate what was good about Canada’s previous immigration strategy – the one followed until recently through governments Progressive Conservative, Conservative and Liberal – contrast it with the dysfunction of our friends down south.

HATE THE LIBERALS.

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Guilbeault’s lunatic environmental policy will make sense once you realize who he is in bed with ….

ChiCom Useful Idiot Guilbeault urged to quit Chinese government advisory body chaired by senior member of Politburo

The federal Conservatives are calling on Environment Minister Steven Guilbeault to resign his position on an advisory group to the Chinese government – a body chaired by a former chief of staff to President Xi Jinping – and to end Canadian funding to this organization that instructs Beijing on green development.

The China Council for International Cooperation on Environment and Development also promotes Beijing’s controversial Belt and Road Initiative, a foreign-investment campaign that has been accused of ensnaring smaller nations in debt and then taking control of their infrastructure for China’s own strategic purposes.

HATE THE LIBERALS.

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Adam Pankratz: Steven Guiltbeault’s net-zero plan is laughably impossible

Canada’s Minister of Environmental Magic, Steven Guilbeault, is at it again. His next trick, more daring than scaling even the tallest skyscraper, is to eliminate fossil fuels from Canada’s electrical grid by 2035. If rammed through, this latest government act of wand waving will cost Canadians more for a lower standard of living and drag our federal finances further towards the abyss. His plan is already encountering push back as it comes up against that which Minister Guilbeault hates most: reality.

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Should Ottawa build homes again? ‘Conversations’ happening, minister says

The best-preserved open-air museum of socialist architecture represents the grim reality of oppression

As pressure mounts on the federal government to take a more active role in filling the housing supply gap, the minister in charge of the portfolio is exploring new — and potentially old — approaches to getting homes built.

The need to build more homes to accommodate Canada’s growing population has put the federal Liberal government on the defensive in recent weeks, as opposition leader Pierre Poilievre criticizes Justin Trudeau’s government on concerns over unaffordable housing.

It’s never wise to trust government doubly so when it’s the Trudeau government.

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Housing crisis: Trudeau doubles down on destroying dreams of a generation too poor to rent or own homes vows no change to cruel mass immigration scam

The alarm bells are becoming bull horns: Canada’s housing supply isn’t keeping up with the rapid rate of population growth.

Academics, commercial banks and policy thinkers have all been warning the federal government that the pace of population growth, facilitated by immigration, is making the housing crisis worse.

“The primary cause for (the) housing affordability challenge in Canada is our inability to build more housing that is in line with the increase in population,” said Murtaza Haider, a professor of data science and real estate management at Toronto Metropolitan University.

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GOLDSTEIN: Even Harper and Freeland warned us about the WEF

The World Economic Forum is again in the news because of a Canadian Press wire story that appeared in many media outlets accusing Pierre Poilievre and the Conservatives of “embracing the language of mainstream conspiracy theories.”

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Two years after Kabul’s fall, Ottawa considering expansion of Afghan carpenter immigration program

Afghan Coffin Makers

Following months of pressure from refugee advocacy groups and opposition parties, the federal government says it is thinking about increasing the number of Afghans it can bring to Canada.

“It’s safe to say publicly that we will show some flexibility,” said Immigration Minister Marc Miller, referring to the goal the Liberal Party set during the last federal election campaign of bringing 40,000 Afghan refugees to Canada.

“There is some uncertainty in the number of people obviously that assisted Canada and clearly what their family members, who their family members are, and the level of risk that those people face in that country. And it’s not like Canada will hit a number and walk away from the table.”

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Colby Cosh: Nonsense for Trudeau to open immigration, but not the economy

This week, the Wall Street Journal, a strong candidate for “best newspaper in the English-speaking world,” became the latest news outlet to lift a questioning eyebrow at Canadian immigration policy. WSJ’s superb Ottawa reporter Paul Vieira gestures, for the benefit of his paper’s international audience, at facts most of our readers already know well. Inflexible, highly regulated parts of the economy like housing, medicine and transport are screaming under the burden of immigration levels with few precedents anywhere — levels the Liberal government has done nothing but increase.

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Trudeau government lying about 2 billion tree pledge, environmental watchdog says

Ottawa using ‘creative accounting’ on its 2 billion tree pledge, environmental watchdog says

Canada’s environmental watchdog says Ottawa is using “creative accounting” to support the claim that its program to plant two billion trees is exceeding targets.

Commissioner of Environmental and Sustainable Development Jerry DeMarco told CBC News that Natural Resources Canada (NRCAN) is using trees planted under a different program — and a different department — to boost its numbers.

“It’s creative accounting,” DeMarco told CBC. “It’s certainly within their prerogative to do that.

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