Month: March 2018

Get Canada Moving Again – Streamlining the Resource Development Approval Process

In Canada resource development projects must go through a lengthy approval process.  This is necessary so that all the factors are taken into consideration including, of course, environmental concerns.

However, radical environmentalists have used these approval processes to stop all resource developments, whether it involves pipelines, oil and gas development, hard rock mining or forestry.

The Financial Post has identified 35 projects valued at $129 billion that have been held up or stopped by extreme environmental extremists. Continue reading “Get Canada Moving Again – Streamlining the Resource Development Approval Process”

Canada’s 2018 budget: virtue signaling all the way

Canada’s 2018 budget was released on February 26th.  It projects an estimated deficit of $17.8 billion for 2018.  In subsequent years the budget deficit is expected to decrease, but only to $13 billion.

Canada’s economy is currently strong.  Unemployment is at record lows and GDP growth is as high as could be expected.

Conventional Keynesian economics would expect a budget surplus under these conditions.  Admittedly the budget deficit is lower than had been expected a year ago due to the strong economy.  This was seen as a signal for the Trudeau government to increase spending and introduce new programs.

Continue reading “Canada’s 2018 budget: virtue signaling all the way”