Elections Canada - Please Read post Number 1

Rruuff Day said:
Might be just out but it sounds like this one....

The docudrama premiered out of competition at the 81st Venice International Film Festival on 3 September 2024.

www.bing.com

2073 movie plot - Bing

Intelligent search from Bing makes it easier to quickly find what you’re looking for and rewards you.
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Yup . That's the one . Looks like I should have said just out " on Amazon " . Pretty well done and worth a watch. Wee bit alarmist but then again is it ? Certainly not like the fear mongering Al Gore was slinging. The causes of his predictions can be mitigated . The possibilities presented in 2073 perhaps not so much. A number of the conditions which could contribute to the producers vision already exist .
 
1st Vette said:
Yup . That's the one . Looks like I should have said just out " on Amazon " . Pretty well done and worth a watch. Wee bit alarmist but then again is it ? Certainly not like the fear mongering Al Gore was slinging. The causes of his predictions can be mitigated . The possibilities presented in 2073 perhaps not so much. A number of the conditions which could contribute to the producers vision already exist .
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No worries...I enjoy being challenged occasionally. Especially when I'm right.... ;)
 
1st Vette said:
Since 2015.......Hmmm........interesting. Our total GDP is approximately 3.3 Trillion.

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Investment in Canada is not booming across the board, but it is strong in areas where government policy is clear and incentives are aligned:

Sectors attracting the most capital right now​

  • Clean energy (CCUS, renewables, hydrogen, grid tech)
  • Critical minerals
  • Low‑carbon industrial upgrades
  • Sustainable infrastructure
  • Technology tied to emissions reduction
 
LE BARON said:
Investment in Canada is not booming across the board, but it is strong in areas where government policy is clear and incentives are aligned:

Sectors attracting the most capital right now​

  • Clean energy (CCUS, renewables, hydrogen, grid tech)
  • Critical minerals
  • Low‑carbon industrial upgrades
  • Sustainable infrastructure
  • Technology tied to emissions reduction
Click to expand...
The trees at least will be happy.....
 
1st Vette said:
The trees at least will be happy.....
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Looking to the future while helping the present. Or at least that is what the farmers and fishermen say.
You can't say CM is sitting on his rear complaining about what the previous government left him.
And as he said to PP during question period. "I feel like I am speaking to my students"
May have paraphrased a bit on that one.
You listen to CM during question period and you can see he is confident and knows what he is talking about. Although PP may find that he has had poor economic training. Yes, PP did say that!
  • Harvard University — BA in Economics (1987) Graduated with a bachelor’s degree in economics.
  • Oxford University — MPhil in Economics (1993) Completed at St. Peter’s College.
  • Oxford University — DPhil (PhD) in Economics (1995) Doctoral research supervised by noted economists including Margaret Meyer

1. Goldman Sachs (13 years)​

Carney worked across multiple international offices at Goldman Sachs, one of the world’s most influential investment banks. His work included roles in London, Tokyo, New York, and Toronto.

This gave him deep exposure to:

  • Sovereign risk
  • Emerging markets
  • Corporate finance
  • Global capital markets

2. Bank of Canada​

  • Deputy Governor (2003–2004)
  • Senior Associate Deputy Minister of Finance (2004–2007)
  • Governor of the Bank of Canada (2008–2013) Led Canada through the 2008–09 global financial crisis; Canada recovered faster than most G7 nations.

3. Financial Stability Board (2011–2018)​

  • Chair, succeeding Mario DraghiOversaw global financial regulatory reforms after the financial crisis.

4. Bank of England (2013–2020)​

  • Governor, the first non‑Briton to hold the roleManaged the Bank through:
    • Post‑crisis stabilization
    • Brexit referendum and aftermath
    • Early COVID‑19 period

5. UN Special Envoy for Climate Action and Finance (2019–2025)​

Focused on sustainable finance and climate‑related financial risk.

6. Private Sector Leadership​

  • Chair of Brookfield Asset Management (global investment firm)
  • Chair of Bloomberg LP
Or as PP says - a poor financial education.

As to PP's credentials
Education
BA in International Relations (University of Calgary)
Work Experience:
  • Early staffer for Stockwell Day
  • MP since 2004
  • Minister for Democratic Reform
  • Minister of Employment and Social Development
  • Multiple parliamentary secretary roles
  • Shadow Minister for Finance and other portfolios
  • Leader of the Conservative Party and Leader of the Opposition

Sounds like a born in the wool politician
And he refuses to get security clearance for government documentation.

Take your pick
 
Wow, with those credentials we should be all set then......buuuut we're not. The economic output just isn't there. Investors aren't buying his climate strategies and policies. More investment capital is flowing out than coming in. LOL.

He is smart though. 91+% of his personal investments are outside of Canada. But it shouldn't take a doctorate in Economics to know where the greener pastures are. Elbows up!
 
LE BARON said:
Looking to the future while helping the present. Or at least that is what the farmers and fishermen say.
You can't say CM is sitting on his rear complaining about what the previous government left him.
And as he said to PP during question period. "I feel like I am speaking to my students"
May have paraphrased a bit on that one.
You listen to CM during question period and you can see he is confident and knows what he is talking about. Although PP may find that he has had poor economic training. Yes, PP did say that!
  • Harvard University — BA in Economics (1987) Graduated with a bachelor’s degree in economics.
  • Oxford University — MPhil in Economics (1993) Completed at St. Peter’s College.
  • Oxford University — DPhil (PhD) in Economics (1995) Doctoral research supervised by noted economists including Margaret Meyer

1. Goldman Sachs (13 years)​

Carney worked across multiple international offices at Goldman Sachs, one of the world’s most influential investment banks. His work included roles in London, Tokyo, New York, and Toronto.

This gave him deep exposure to:

  • Sovereign risk
  • Emerging markets
  • Corporate finance
  • Global capital markets

2. Bank of Canada​

  • Deputy Governor (2003–2004)
  • Senior Associate Deputy Minister of Finance (2004–2007)
  • Governor of the Bank of Canada (2008–2013) Led Canada through the 2008–09 global financial crisis; Canada recovered faster than most G7 nations.

3. Financial Stability Board (2011–2018)​

  • Chair, succeeding Mario DraghiOversaw global financial regulatory reforms after the financial crisis.

4. Bank of England (2013–2020)​

  • Governor, the first non‑Briton to hold the roleManaged the Bank through:
    • Post‑crisis stabilization
    • Brexit referendum and aftermath
    • Early COVID‑19 period

5. UN Special Envoy for Climate Action and Finance (2019–2025)​

Focused on sustainable finance and climate‑related financial risk.

6. Private Sector Leadership​

  • Chair of Brookfield Asset Management (global investment firm)
  • Chair of Bloomberg LP
Or as PP says - a poor financial education.

As to PP's credentials
Education
BA in International Relations (University of Calgary)
Work Experience:
  • Early staffer for Stockwell Day
  • MP since 2004
  • Minister for Democratic Reform
  • Minister of Employment and Social Development
  • Multiple parliamentary secretary roles
  • Shadow Minister for Finance and other portfolios
  • Leader of the Conservative Party and Leader of the Opposition

Sounds like a born in the wool politician
And he refuses to get security clearance for government documentation.

Take your pick
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Carney certainly is a major improvement over the previous " leader " of the Liberals. Mind you that wasn't a very high bar to say the least. As things stand now the Liberals are , with Carney at the helm, admittedly our best option to deal with the issues facing the country. He does have a quite impressive resumé . Now that they have managed to scrape together a majority it's time to see some results. As for the Tories who's platform the Liberals have mirrored in many ways they unquestionably need a new leader it would seem. I'm afraid PP from a polling standpoint is past his best before date . Both telling and interesting the timing of this announcement though. Seemingly a bit more reactive as opposed to proactive.

www.bnnbloomberg.ca

Carney announces new summit in Toronto aimed at driving $1 trillion in investment

Prime Minister Mark Carney announced a new “Canada Investment Summit” that will invite investors, CEOs and business leaders to Toronto this fall.
www.bnnbloomberg.ca www.bnnbloomberg.ca
 
Sturmgewehr said:
Wow, with those credentials we should be all set then......buuuut we're not. The economic output just isn't there. Investors aren't buying his climate strategies and policies. More investment capital is flowing out than coming in. LOL.

He is smart though. 91+% of his personal investments are outside of Canada. But it shouldn't take a doctorate in Economics to know where the greener pastures are. Elbows up!
Click to expand...
Maybe I'm wrong but I would much rather have him setting policy than a career politician who only sits there complaining over and over about the same things. PP has a lot of catch phrases/slogans such as AXE THE TAX or lately getting rid of all taxes on gas/fuel. No one likes taxes so it is catchy. Just not realistic
 
LE BARON said:
Maybe I'm wrong but I would much rather have him setting policy than a career politician who only sits there complaining over and over about the same things. PP has a lot of catch phrases/slogans such as AXE THE TAX or lately getting rid of all taxes on gas/fuel. No one likes taxes so it is catchy. Just not realistic
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Although I definitely lean right, PP would not and is not my favorite leader for the PC party. But I do note that the "Axe the Tax" slogan of PP's was quickly adopted and put into place as soon as Carney became PM. Further, he has recently got rid of the excise tax on fuel which, for the most part, the excise tax is only a drop in the barrel (pun intended). 10 cents per litre for gas and 4 cents per litre for diesel makes little difference at the pump. I can shop around and save more than that locally at competing gas stations. How about temporarily dropping the GST on fuel as well. That would help.
Strangely enough, the fuel regulators base the going fuel rate on world supply and demand, not on local conditions. Canada is in a good position regarding oil and fuel availability but does that seem to matter.... The Strait of Hormuz closed at the end of February and gas and diesel prices went through the roof mere days later. Considering Canada typically had a 3 month supply of fuel stockpiled, we got royally screwed right away, burning inflated price fuel that had nothing to do with the war. And suffice to say, I'm forecasting that once the strait is fully open, it will be a cold day in hell before we see fuel prices drop to what they were before the strait closed. Get use to it because once this is all over, fuel will drop maybe 20 cents a litre, excise taxes will go back on and inflated fuel price at the pump will become the norm. The only people smiling are the E-car environmentalists and the flush Corvette drivers who don't really care if it costs an extra $60 per tank at every fill. JMO
 
Rruuff Day said:
Although I definitely lean right, PP would not and is not my favorite leader for the PC party. But I do note that the "Axe the Tax" slogan of PP's was quickly adopted and put into place as soon as Carney became PM
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C'mon, that was a no brainer.
But what good is it when the greed of oil companies negate it with a 10 cent (greed) raise for "summer gas"! What a fukn crick!
 
Rruuff Day said:
Although I definitely lean right, PP would not and is not my favorite leader for the PC party. But I do note that the "Axe the Tax" slogan of PP's was quickly adopted and put into place as soon as Carney became PM. Further, he has recently got rid of the excise tax on fuel which, for the most part, the excise tax is only a drop in the barrel (pun intended). 10 cents per litre for gas and 4 cents per litre for diesel makes little difference at the pump. I can shop around and save more than that locally at competing gas stations. How about temporarily dropping the GST on fuel as well. That would help.
Strangely enough, the fuel regulators base the going fuel rate on world supply and demand, not on local conditions. Canada is in a good position regarding oil and fuel availability but does that seem to matter.... The Strait of Hormuz closed at the end of February and gas and diesel prices went through the roof mere days later. Considering Canada typically had a 3 month supply of fuel stockpiled, we got royally screwed right away, burning inflated price fuel that had nothing to do with the war. And suffice to say, I'm forecasting that once the strait is fully open, it will be a cold day in hell before we see fuel prices drop to what they were before the strait closed. Get use to it because once this is all over, fuel will drop maybe 20 cents a litre, excise taxes will go back on and inflated fuel price at the pump will become the norm. The only people smiling are the E-car environmentalists and the flush Corvette drivers who don't really care if it costs an extra $60 per tank at every fill. JMO
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Don't forget the cost of the new so called "clean fuel " regulations which unlike the consumer carbon tax is applied through the back door so to speak . And of course GST applies to the increase in fuel cost it results in . The Clean Fuel Regulations are a separate federal policy from the old consumer carbon tax, and they can still add to gasoline prices because fuel suppliers must lower the carbon intensity of the fuels they sell or buy credits . On the federal government’s own technical backgrounder, the gasoline price impact is shown as about 1.8 cents per litre in an illustrative low-cost case, or about 7.2 cents per litre in a higher-cost case, depending on compliance costs . Considering that Canada's total annual emissions as a percentage of total global emissions are essentially a rounding error

Environment and Climate Change Canada has estimated up to 6 to 13 cents per litre by 2030, while the Parliamentary Budget Officer estimated up to 17 cents per litre in 2030 as an upper-bound estimate
Murray20c8 said:
C'mon, that was a no brainer.
But what good is it when the greed of oil companies negate it with a 10 cent (greed) raise for "summer gas"! What a fukn crick!
Click to expand...
 
Murray20c8 said:
C'mon, that was a no brainer.
But what good is it when the greed of oil companies negate it with a 10 cent (greed) raise for "summer gas"! What a fukn crick!
Click to expand...
It's not just the refiners who do scheduled maintenance that's the cause . It's all about the trees of course. So the amount of butane is reduced and the amount of alcohol content is increased which is more expensive. Don't shoot the messenger........ :rolleyes:

Summer gasoline in Canada costs more due to mandatory regulatory changes for lower volatility, combined with refinery maintenance and rising seasonal demand. These factors add about 10-15 cents per liter.
Lower RVP Regulations
Environment Canada requires summer blends with reduced Reid Vapor Pressure (RVP) by April 15 to minimize evaporation and VOC emissions in hot weather, excluding cheap butane used in winter gas. Provinces follow Canadian General Standards Board specs, increasing refining complexity and costs.
 
1st Vette said:
It's not just the refiners who do scheduled maintenance that's the cause . It's all about the trees of course. So the amount of butane is reduced and the amount of alcohol content is increased which is more expensive. Don't shoot the messenger........ :rolleyes:

Summer gasoline in Canada costs more due to mandatory regulatory changes for lower volatility, combined with refinery maintenance and rising seasonal demand. These factors add about 10-15 cents per liter.
Lower RVP Regulations
Environment Canada requires summer blends with reduced Reid Vapor Pressure (RVP) by April 15 to minimize evaporation and VOC emissions in hot weather, excluding cheap butane used in winter gas. Provinces follow Canadian General Standards Board specs, increasing refining complexity and costs.
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The summer increase added to the fall "Winter" blend increase.
They have you at both ends. Any reason to dip their hands in to you wallet.
Winter fuel "diesel" costs more because it edges closer to kerosene so it doesn't congeal in the tank
 
LE BARON said:
The summer increase added to the fall "Winter" blend increase.
They have you at both ends. Any reason to dip their hands in to you wallet.
Winter fuel "diesel" costs more because it edges closer to kerosene so it doesn't congeal in the tank
Click to expand...
Ahhhhhh..... so that's the reason i'm paying 70 cents a litre more for diesel since the end of February... Someone tell them winter diesel is no longer required.... :Banghead:
 
Murray20c8 said:
C'mon, that was a no brainer.
But what good is it when the greed of oil companies negate it with a 10 cent (greed) raise for "summer gas"! What a fukn crick!
Click to expand...
AGreed.... lol.... Not sure about Ontario but our gas companies regularly celebrate special occasions with price increases based on projected travel. Easter, long weekends, thanks giving, Christmas and any other time they think people will be inclined to travel more. Gas goes up 10 cents during those days and then only drops 4 cents after they are over.... :Banghead:
 
LE BARON said:
The summer increase added to the fall "Winter" blend increase.
They have you at both ends. Any reason to dip their hands in to you wallet.
Winter fuel "diesel" costs more because it edges closer to kerosene so it doesn't congeal in the tank
Click to expand...
P50.......we are quite familiar with that here in the Sub Arctic.......;)
 
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1st Vette said:
P50.......we are quite familiar with that here in the Sub Arctic.......;)
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back in the bygone days truckers carried a spare fuel filter in the cab. When the one suppling the engine clogged up they swapped them out and kept on trucking until it clogged again. By that time the first filter had warmer up and unclogged. Running winter blend fuel has pretty well eliminated those problems.;
Kerosene is a lot "dryer" than summer fuel though so it is best to treat the winter blend fuel so it doesn't wear out the fuel injection components.
 

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