Spyke

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canada

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How to win a trade war

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Peter Zeihan has been saying for a while now that the US is going to stop protecting merchant ships that aren't their own. Canada is going to need to protect it's own ships to/from Europe, Central and South America and Asia.

canada

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Poilievre demands Carney cap federal deficit at $31B ahead of spring economic update

Poilievre obviously doesn't understand money. Whether spending more money than you have in the bank account can make sense depends on what you are spending it on. Spending it on growing our economy and creating jobs makes it an investment that will create greater returns than the interest on it. Spending it to help people pay for rent and food when there is a pandemic and they are not able to work makes sense. Certainly not all of our debt was spent wisely but also certainly not all debt is bad either.

canada

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Tim Hortons commits to hiring 10,000 local employees, scaling back on temporary foreign workers

Our politicians are so gullible to believe businesses needed TFWs to fill jobs. They have to understand that it's always only about increasing profits. Not only should they not have brought in TFWs, but minimum wage needs to be raised to be a livable wage. If a business isn't making enough to pay every employee a livable wage, then their business model is a failure and they don't deserve to be in business. Not only Tim Hortons, but Walmart and Amazon are forcing governments to subsidize their low employee wages by having employees need food banks and other social services just to survive. It's criminal.

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Whats new in New Brunswick?

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No tolls yet. The wind farm in Penobsquis plans to expand. A potash in Millstream may finally happen. The province is looking at removing Nutrien's rights to the potash body in Penobsquis and giving it to someone else who is willing to go get it. Still no fracking. The majority of NBer's still don't want fracking. No idea about moose but much of the province is now overrun with deer. I was at a wedding in St. Andrews in the spring and saw a dozen to 18 deer on the lawn next to the church, within yards of people. I don't pay much attention to gas prices as I drive a hybrid. Not many forest fires so far this year, unlike last year which had more than ever.