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Jonny5 said:
To make an odd connection I noticed, Keith Pelley, the CEO of Maple Leafs Sports and Entertainment, came across very much the same as Mark Carney in his season-end press conference on Friday announcing the departure of Leafs President Brendan Shanahan, not replacing him and leaving the position vacant, plus announcing further "streamlining of the business" was to come "impacting all divisions of MLSE".
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Oh no, im getting flashbacks to the Richard Peddie years when he frequently meddled in the decision making of the Leafs/Raptors. There needs to be a buffer between MLSE CEO and the respective GMs.
 
Carney in a CBC interview indicates there could be an agreement with the EU to join their major military rearmament by Canada Day.

Carney says Canada is looking to join major European military buildup by July 1​

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Prime Minister Mark Carney signalled he hopes Canada will be able to sign on to a major European defence rearmament plan by July 1, a step toward reducing the country's dependency on the United States for weapons and munitions.
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"Seventy-five cents of every dollar of capital spending for defence goes to the United States. That's not smart," Carney told host David Cochrane.
Canada has been engaged in talks with the European Union since Carney took office — before the spring federal election — about joining the plan which foresees the nations on the continent spending $1.25 trillion on defence over the next five years.

"We're making great progress on that, and by Canada Day we'd like to see something concrete there," Carney said.
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Trump is doing a great job turning Canadians against the Golden Dome proposal:
Not long after the prime minister made the pitch for closer defence co-operation with Europe, U.S. President Donald Trump took to Truth Social to say that his administration was negotiating with Canada about joining his "Golden Dome" missile defence system, which "will cost $61 Billion Dollars if they remain a separate, but unequal, Nation, but will cost ZERO DOLLARS if they become our cherished 51st State. They are considering the offer!"
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https://www.cbc.ca/news/politics/rearm-europe-deal-canada-carney-interview-1.7545303
 
guavadelic said:
Carney in a CBC interview indicates there could be an agreement with the EU to join their major military rearmament by Canada Day.




Trump is doing a great job turning Canadians against the Golden Dome proposal:

https://www.cbc.ca/news/politics/rearm-europe-deal-canada-carney-interview-1.7545303
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Surely Trump is not stupid enough to believe Canadians would be tempted to join the US over $60B to be spent on a missile defense system of dubious efficacy and utility.
 
afransen said:
Surely Trump is not stupid enough to believe Canadians would be tempted to join the US over $60B to be spent on a missile defense system of dubious efficacy and utility.
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I believe it is the BIGGEST, MOST BEAUTIFULLY PERFECT AND GOLDEN missile defense system. It practically sells itself!

(Sarcasm, in case that's not obvious)
 
I wonder if Carney will help Alberta's fossil fuel industry. Whatever Greta may say, it's an important part of Canada's economy, and Ottawa's position on Alberta oil and gas has developed alienation in the province.

How to get Canada's oil and gas to export markets?

This week Canada's oil exports to the USA reached their highest levels ever, http://business.financialpost.com/news/energy/canadian-oil-exports-to-u-s-reaches-highest-level-ever-as-shale-production-falls?__lsa=dc58-a433 However, it's becoming increasingly clear that the USA will become Canada's...
urbantoronto.ca urbantoronto.ca
 
Admiral Beez said:
I wonder if Carney will help Alberta's fossil fuel industry. Whatever Greta may say, it's an important part of Canada's economy, and Ottawa's position on Alberta oil and gas has developed alienation in the province.

How to get Canada's oil and gas to export markets?

This week Canada's oil exports to the USA reached their highest levels ever, http://business.financialpost.com/news/energy/canadian-oil-exports-to-u-s-reaches-highest-level-ever-as-shale-production-falls?__lsa=dc58-a433 However, it's becoming increasingly clear that the USA will become Canada's...
urbantoronto.ca urbantoronto.ca
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I'm ok with helping Alberta if necessary, but oil production there has increased by more than 50% in the past 10 years according to their own figures.
 
The Alberta oil sands are estimated to have a lifespan of 145 years at a production rate of 3.1 million barrels per day. However, if production increases to 10 million barrels per day, that lifespan could drop to under 50 years. Individual oil sands projects themselves typically have lifespans ranging from 40 to 80 years.

Extending the oil pipelines to eastern Canada (or south into USA) will mean the lifespan could shorten.

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Monarch Butterfly said:
The Alberta oil sands are estimated to have a lifespan of 145 years at a production rate of 3.1 million barrels per day. However, if production increases to 10 million barrels per day, that lifespan could drop to under 50 years. Individual oil sands projects themselves typically have lifespans ranging from 40 to 80 years. Extending the oil pipelines to eastern Canada (or south into USA) will mean the lifespan could shorten.
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With global demand for oil likely to decline by the 2070s, now is the ideal time to accelerate Alberta's extraction volume to maximize revenue for investment in economic diversification.
 
Interesting article in the Globe and Mail a couple days ago where housing analyst John Pasalis makes the case for some measures targeting real estate investors and cool demand for homes:

To make housing more affordable, drop the tax hammer on real estate investors​

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Taxation is the unused tool for dealing with the problem of unaffordable housing.
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The federal Underused Housing Tax targets foreign investors, as does the ban on foreigners buying residential property in Canada. Mr. Pasalis goes much further on investors by suggesting:
  • a minimum down payment on investment properties of 35 per cent;
  • taxing capital gains on properties as regular income;
  • eliminating mortgage interest deductibility for investors.
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Mr. Pasalis says house prices soared way above incomes over the past two decades because of investor buying, not a lack of residential construction. While millennials and Gen Zs were increasingly priced out of the market, investors kept buying.
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Paywall free: https://archive.is/ksYsU
 
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guavadelic said:
Interesting article in the Globe and Mail a couple days ago where housing analyst John Pasalis makes the case for some measures targeting real estate investors and cool demand for homes:




Paywall free: https://archive.is/ksYsU
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Wouldn’t this result in thousands of near-unliveable investor studios and micro units being abandoned as their owners can’t afford to operate them? Maybe this will lead to retrofits of condos to affordable 2-3 bedroom units.
 
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