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Maybe I should retire. It would certainly make some people happy, especially supporters of the status quo power groups but I can’t turn my back on what’s about to happen in the next two years – i.e. massive financial changes.
The EcoFiscal Commission is the latest to recommend a carbon tax BUT with a big caveat – in order to offset the impact – the money must be returned to the individuals and businesses who paid it. In other words, revenue neutral – sadly governments disagree.
One of the key indicators of job creation and economic growth has just hit a 61 year low – and few seem to care. Meanwhile, after a 30% cut in wages due to the falling loonie, record low interest rates and big deficit spending – the economy can manage 1.7% growth. Why?
Because they are doing it thanks to a combination of ignorance, cluelessness, ideology and a refusal to be aware of changes to the competitive environment and what the other two levels of government are doing.
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Mike’s Editorial
Posted by Michael Campbell
on Saturday, 14 December 2019 11:19
With the UK election over – Boris Johnson says Brexit will be done by the end of January. And the Brits can say goodbye to 40,000 EU rules, 60,000 edicts and 170,000 EU bureaucrats – no wonder Canada’s political elites are appalled at the thought.