Immigration, Refugees and taking care of all Canadians

Aug 17 2018 – Kevin Yaworski

Conservative MP Maxime Bernier’s recent tweets have back fired and helped Liberals get major boost in donations and supporter signups. More in the Globe and Mail article below.

Is this a sign the Liberals are doing what the majority want or targeting the minority vote?

I agree that we must allow immigration to fill jobs not being filled by Canadians and do our share of helping actual refugees as long they vetted properly and we taking care of Canadians that are homeless, in poverty, mentally ill and others that are often desperately in need of assistance. If we can help them become productive citizens again they will often help others or at least prevent them being a major drain on the system.

The Liberals have kept some campaign promises at least partly like not stifling the Sciences or Conservation and others but have not kept many of their key promises that got them elected like spending on Infrastructure and specific areas that had been neglected to stimulate growth but within limits, reduce spending where not needed, improved transparency and accountability, proper consulting with aboriginal Canadians and others ignored in their past.

They are legalizing cannabis but without high enough age limit to minimize chance of harm to young developing minds and tax limits to minimize organized crime. They cop-out saying we leaving it up to Provinces. They goal is new tax revenue and votes not public safety and interest.

They kept one promise given but have mislead about their real intentions. Saying open communication with First Nations then no longer enforcing the Financial Accountability legislation for bands that limited funding if not allowing proper independent audits.

They did this to buy the Chiefs and their friends votes and then band members forced to vote the same or face harsh consequences. Canadian governments required to have these audits and so should all levels of government or anyone receiving public funds or public investments. Several bands were doing this already but many were not and taking advantage of it until the Conservatives started enforcing. Several corrupt Chiefs and bands got exposed and voted our by members.

A Carbon tax that is not required to go back to Canadians to spend in the economy and towards renewal energy projects. Most will go to general coffers and bloated bureaucracy.

It is long overdue for all Citizens to due their homework and duty and more than just at election time. Only look at the facts and not propaganda. Look for trends in behavior that are against public interest and focused on self or special interests. Contact elected and appointed officials to them then know what you expect of them. You are paying them. Many often forget this.

https://www.theglobeandmail.com/canada/article-maxime-berniers-tweets-against-extreme-multiculturalism-touch-off/#

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Canada gold reserves nearly zero

Image – istock

Canada has been selling off its gold reserves for a while now and is at or close to zero. In the 60’s it had over 1000 Tonnes. It’s reserve is now made up in currency and similar forms.

Yet countries such as Russia, India and China are currently bolstering their gold reserves. Central banks added 336 tonnes to their reserves in the second half of last year, a 25 per cent increase from the previous year, the World Gold Council says.

In February, the U.S. held about 8,133 tonnes of gold, which made up 72 per cent of its reserves. Germany had 3,381 tonnes for 66 per cent of its reserves last month, while Italy and France each held more than 2,400 tonnes — over 60 per cent of their respective reserves.

I guess Canada is betting on world and major currencies stability or bailouts from the World Bank and its G8 partners if not. Is that a wise choice?

Some of the comments from the CBC site

They have replaced the gold reserves with 49 billion in US dollars, and the US buys the gold, and who owns the country

But that’s no longer the case, since no major world economies still value their money tied to the gold standard.”…gold is STILL classified in trade as monetary and non monetary. the fact that we have a finance debt allowing this sell off and sell out to happen is a travesty ,criminal and WILL come back to haunt the sovereignty of the country in years to come.

Ottawa sells off almost all its gold reserves, leaving just 77 ounces — or less

Mar 2016

https://www.cbc.ca/news/business/gold-canada-reserves-1.3475818

Related and updated news

The Secret World of Gold – Gold in Canada
Doc Zone

A look at Canada’s diminished gold reserves.

http://www.cbc.ca/player/play/2380215253

China’s Gold Mystery: Is Nation Slowly Increasing Reserves? – Bloomberg

https://www.bloomberg.com/news/articles/2018-07-26/china-s-gold-mystery-has-nation-really-stopped-boosting-hoard

Posted in Financial, History, News and politics | Tagged , , , , , | Leave a comment

Canada gold reserves nearly zero

Canada has been selling off its gold reserves for a while now and is at or close to zero. In the 60’s it had over 1000 ounces. It’s reserve is now made up in currency and similar forms.

Yet countries such as Russia, India and China are currently bolstering their gold reserves. Central banks added 336 tonnes to their reserves in the second half of last year, a 25 per cent increase from the previous year, the World Gold Council says.

In February, the U.S. held about 8,133 tonnes of gold, which made up 72 per cent of its reserves. Germany had 3,381 tonnes for 66 per cent of its reserves last month, while Italy and France each held more than 2,400 tonnes — over 60 per cent of their respective reserves.

I guess Canada is betting on world and major currencies stability or bailouts from the World Bank and its G8 partners if not. Is that a wise choice?

Ottawa sells off almost all its gold reserves, leaving just 77 ounces — or less

Mar 2016

https://www.cbc.ca/news/business/gold-canada-reserves-1.3475818

The Secret World of Gold – Gold in Canada
Doc Zone

A look at Canada’s diminished gold reserves.

http://www.cbc.ca/player/play/2380215253

Posted in Financial, History, News and politics | Tagged , , , , , | Leave a comment

Platform capitalism, digital technology and the future of work

(Shutterstock)

CBC Ideas – The Massey Lectures

80+ % of the digital economy controlled by a very small number of giant corporations with monopolies and enormous influence over democracies. They pretty much get what ever they want.

This happened in the past with brick and mortar economies with Rail Roads, Airlines and Utilities which were broken up or nationalized to reign them in.

Have we learnt from the past.

Links on the page to others in this 3 part series.
Listen to Part 1: Artificial intelligence, robots and the future of work
Listen to Part 3: Less work and more leisure: Utopian visions and the future of work

http://www.cbc.ca/radio/ideas/platform-capitalism-digital-technology-and-the-future-of-work-1.4297369

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As inequality grows, so does the political influence of the rich – The ballot or the wallet

 

The1percent

Concentrated wealth leads to concentrated power

July 21 2018 – The Economist

Some concerning trends in behavior by the elite or one percent.  Some talk about this but most ignore.  I do not agree with the writers conclusion and believe the public need to do more than have faith in their elected and officials doing the right thing.
There is a balance that is missing with the current right and left’s ideas for addressing inequality and reducing the rising tax burden on the masses.
July 21 2018 – The Economist

As inequality grows, so does the political influence of the rich – The ballot or the wallet

https://www.economist.com/finance-and-economics/2018/07/21/as-inequality-grows-so-does-the-political-influence-of-the-rich

Sources from 2000 – 2015 listed below.

Continue reading

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Canada divided on climate and not leading by example

July 18 2018

Concerning article from the Globe and Mail below and other sources who are generally more reputable than many in the media.

Many conservative minded folks are seeing climate change as a hoax or exaggerated to push carbon taxes or other hidden agendas.

The issue is think tanks funded by the oil and gas industry or activists on both sides have used false and misleading information to push rather than rely on the scientific facts.

If you look past all the false or misleading information, biased studies and hyperbole what is left is a vast amount of scientific peer reviewed research which almost all leads to the same conclusions that climate change and especially the rate of change and human contribution is very concerning.

There has also been stark warnings of the consequences of ignoring from reputable economists, major financial policy makers and other experts.

Carbon taxes or cap and trade systems can be successful or fail miserably as tax grabs or flawed depending on how they implemented, how much actual carbon reduction occurs and how much consumers and the economy impacted.

This article and the following from both sides are hard to ignore.

https://www.theglobeandmail.com/opinion/article-is-canada-going-to-be-the-first-country-to-break-apart-over-climate/

Archive of article to be added below.

Related and some of what I have written before.

Earths climate has already changed many times in the past. It is just the rate of change that is alarming based on ice core samples, glaciers and other research that looks at changes over millions of years.

I have visited several glaciers in NZ, Canada and the US and many have dramatically retreated and reduced in height or are gone since I was there. These have gotten bigger and smaller and come and gone in the past but never retreated this rapidly. I hope there is still some for my grand kids to experience as adults. See link below.

NASA’s latest research is showing ice sheet expansion in parts of Antarctica but overall globally it still decreasing. Link below.

Some hate pollution but see climate change no longer being science and becoming religion.

I guess time will tell. Hopefully the doom sayers are wrong and warnings from well respected monetary policy leaders like Mark Carney to pension managers and others about divesting in fossil fuel companies are not necessary but do we want to risk it?

Link with more info.

The costs of climate change are rising

Rising seas and climate change: Everything you need to know

97% of “active” climate experts agree on man made climate change but more research needed on the risks and impacts

Wind and other renewables vs. fossil fuels and is climate change happening faster than ever?

Canada & other countries should listen to Mark Carney’s warnings on costs of climate change

Here is a some information from the pro oil, gas and tar sands side.

What we don’t know about US energy and climate change priorities and we need to accelerate the shift away from fossil fuels.

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Jailing children for politics and profit

ILLUSTRATION BY HANNA BARCZYK

Globe and Mail Article by

Posted in justice, News and politics | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment