Tag Archives: Chrystia Freeland

Roundup: A more modest budget than feared

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We are now somewhere around day forty-four of Russia’s invasion of Ukraine, and Russia’s retreat from Chernihiv has shown much more destruction in its wake. Given that Russia is re-positioning to the Donbas region, Ukraine is trying to maintain humanitarian corridors from the area, while pleading with NATO and other countries for yet more weapons to fight the Russian invaders. Meanwhile, RCMP officers in Canada are reaching out to Ukrainians who have made it here to gather evidence of Russian war crimes, so that it can be forwarded to The Hauge.

As for the budget, it was not the orgy of NDP-led spending that Candice Bergen and others had been hinting at, though it did increase spending somewhat, but that was largely offset by higher revenues thanks to the booming economy. The deficit is reducing rapidly, as is the debt-to-GDP ratio, which is the “fiscal anchor.” In fact, Bergen’s reaction speech was pretty much drafted with a very different budget in mind, and when called on this, she prevaricated. Jagmeet Singh, predictably, said there was enough in there for him to support (checklist here), but he still put on a show about criticising things he didn’t like, and the environmental provisions in particular.

https://twitter.com/AdamScotti/status/1512237421513125897

Some specifics:

  • Here are the $10 billion in housing measures the government is proposing, though some of those measures will do nothing for affordability.
  • The corporate tax rate is going up, and there is a special surcharge being levied against banks and insurance companies, as promised.
  • There is money allocated for dental care, but no details on the implementation mechanism, which is very important to have.
  • The $8 billion over five years in new defence spending won’t get us to the NATO two-percent goal, but a needed defence review is included.
  • There is some $500 million earmarked for more military aid for Ukraine, plus another $1 billion in loans to prop up their economy.
  • There is new money for cyber-security, much of it going to CSE.
  • Some $15 billion is earmarked for the creation of two new arms-length bodies to help with medium-and-long term growth.
  • There is $4.3 billion over seven years for Indigenous housing.
  • As expected, the tax credit for carbon capture and storage projects is drawing heat from environmental groups.
  • There is $3.7 million being earmarked for mental health services for Black civil servants (as they have a class action lawsuit underway).
  • There is some more money for arts organizations including the National Arts Centre.
  • Both the National Post and The Canadian Press have lists of smaller items in the budget that may have escape notice.

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Roundup: Questions about Putin’s motives

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It’s now day twelve of Russia’s invasion of Ukraine, and it appears to remain fairly stalled, but shelling continues. There had apparently been an agreement with Russia for a ceasefire to allow the evacuation of Mariupol, which they did not then live up to, making civilian evacuations all the more difficult in the area. President Volodymyr Zelenskyy worries that Odessa will be the next city to be targeted. And because Ukraine is considered Europe’s breadbasket, this is going to drive up the price of grain, further fuelling inflation, and there seems to be little idea of how this conflict could end considering where we are at currently.

https://twitter.com/dgardner/status/1500103479687360520

Something else we’ve seen over the weekend are a number of analyses of what Putin might have been thinking when he made the decision to invade. While I would recommend you read this post from Dan Gardner, there is also this thread by a former Russian foreign minister which also sheds a bit of insight (not fully replicated below, but just some key highlights).

On a related note to this conflict is the hope or at least speculation that this will mean that we’ll finally be serious about our defence spending in this country, but that relies on some poor assumptions, one of which is that the current government hasn’t been spending. They have, and they can’t actually spend any more because of capacity constraints within the Forces, not only in terms of our fairly broken procurement process, but mostly because they simply don’t have enough personnel. We have a major recruitment shortfall, and that severely limits their ability to actually spend their budgets. But let’s hope this doesn’t derail the efforts to fix the culture within the Forces that is proving a detriment to recruitment and retention, because you know there will be voices calling for it.

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Roundup: Zelenskyy speaks with his inspiration, Trudeau

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We are now in day eight of Russia’s invasion of Ukraine, and attacks against hospitals, schools and critical infrastructure continue. Russian casualties are mounting, but Putin shows no sign of stopping, even as we are well into war crimes territory (and Ukraine is also making announcements of policy changes that would also be war crimes, so this is not solely a Russia problem). When it comes to sanctions, Germany has seized the yacht of one of Russia’s oligarchs, and one can expect more seizures to come in the days ahead. Canada has also joined 32 other countries in denouncing Russia’s use of propaganda in its campaign against Ukraine.

While there was no new announcement of sanctions from Canada yesterday, there was a call between Justin Trudeau and Volodymyr Zelenskyy, who apparently thanked Canada for our efforts and stressed the need to keep expanding sanctions (which is happening, but being done in a coordinated fashion with allies). Also, interestingly, an old tweet of Zelenskyy’s was circulating yet again, where he cited Trudeau as one of his inspirations to join politics—which must really burn Trudeau’s critics, who are hailing Zelenskyy for his leadership in a crisis.

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Roundup: Reaction to Russia’s further invasion of Ukraine

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Russian forces have been advancing in Ukraine, but not without opposition. Shelling continues against several Ukrainian cities and into Kyiv itself, as people are taking shelter in the metro. Closer to home, prime minister Justin Trudeau announced another round of tougher sanctions against Russian oligarchs and other key leaders, and there is talk that yet more sanctions are on the way, but it also sounds like there is some difficulty in getting all of our allies on-side, and the thing about these kinds of sanctions is that everyone needs to do them so that there aren’t loopholes that Russia can slip through. (Trudeau also announced measures to help Canadians in Ukraine get safe passage to neighbouring countries, as well as expeditated immigration processing for Ukrainians).

But one of the biggest measures—cutting Russia out of the SWIFT global financial transaction system—has not yet been implemented because Europeans are balking (though Canada has reportedly been pushing for this, along with the UK). Canada is somewhat fortunate because we are less exposed to Russian trade and money than other allies, but it’s that exposure which will make sanctions harder on Western allies the tougher they are on Russia—and that’s something that a lot of the talking heads can’t seem to get their heads around. If you look at what European countries are trying to get carve-outs for, it’s because they don’t want to lose the Russian money in their economies. And that’s a tough pill to swallow, especially as all of our economies are still recovering from the pandemic recession.

https://twitter.com/LillyResearch/status/1496964138962386945

https://twitter.com/MatinaStevis/status/1496758467943866374

Where this will hurt us especially is higher world oil prices, as cutting Russia out of the market will further restrict supply at a time where energy shortages in certain countries have turned to oil to fill that gap, creating demand and limiting supply. That will mean higher gasoline prices in Canada, and while these higher prices will be good for the Alberta economy (oh, look—one more boom for them to piss away), it’s going to be felt in the inflation data, which will have more people lighting their hair on fire, demanding Something Must Be Done, but they won’t come out and spell out that they mean wage and price controls, or a new NEP. Jason Kenney, unable to read the room, is trying to make this about a new pitch for Alberta’s so-called Ethical Oil™, and we have federal Conservatives demanding a fast-tracked LNG infrastructure to export to Europe, but seriously, that’s a multi-year and multi-billion-dollar investment that is going to be short-lived the fast were decarbonise our economies.

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Roundup: Emergency orders lifted before the Senate votes were cast

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By late afternoon, yesterday, prime minister Justin Trudeau ended the emergency orders, at a time when the Senate had not yet voted to confirm them. This, of course, led to numerous cries from opponents that they had helped to end it (declaring victory for pushing on an open door), and accusations that Trudeau knew he would lose the Senate vote so pulled the plug beforehand. And then there were the questions about what changed between Monday and yesterday that made it okay to lift the restrictions, of which the official line is “advice from law enforcement,” but one also suspects was that they might have felt it inappropriate to lift it before it had even been brought to a vote, but conversely didn’t want to keep the orders for too much longer after that. I’m not sure. Suffice to say, it’s over, and all of the cries of “tyranny!” and “Trudeau is doing this to increase his own power!” seem pretty stupid right about now.

Speaking of the Senate, they were progressing through a second full day of speeches with no end—or vote—in sight, when the order was lifted and they simply adjourned debate. This is something of an indictment on how the Senate handled this matter in terms of their schedule. They should have recalled the Chamber as soon as the Act was invoked and the emergency orders declared, so that they could receive them on the same day as the House of Commons and debate them concurrently, as it’s not a piece of legislation that has to pass one Chamber before the other, but they didn’t, and their planned Friday recall was cancelled by the police action, further delaying the debate. And then some of the same problems that the House of Commons saw presented themselves in the Senate as well—that absolutely everyone wanted to have their own speech on the record, no matter that having something new to say diminished with each passing speech, but this is what the “new” Senate is becoming—a debating society rather than a deliberative legislative body. And while sure, there were some good speeches, there were also some doozies that repeated the same falsehoods and info ops that the occupation organizers were counting on, so well done everyone.

Meanwhile, Matt Gurney calls for more information as to what constituted the continued use of powers in advance of their being lifted. Andrew Coyne puts the nine days of the emergency orders into perspective versus how it has been portrayed by bad faith actors across social media and certain political parties.

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Roundup: Bergen plagiarizes “good people on both sides” argument

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The leaks continue to come out about interim Conservative leader Candice Bergen, and it’s another one about the grifter convoy—before it turned into an occupation—where she insisted to Erin O’Toole that they should show support for it because there are “good people on both sides.” Yes, that’s right—the classic Trump line in excusing a rally that included literal neo-Nazis in attendance. I would say that this is unbelievable, but no, it’s completely believable for Bergen. She also shook up her leadership team to get rid of the more reasonable Gérard Deltell as House Leader in favour of the more bombastic John Brassard, and added Lianne Rood to the team as deputy whip. Rood has also been tweeting support for the grifter occupation, so yeah, this is going well.

If there is a silver lining to these leaks it’s that it’s a sign that there are decent people with a conscience in the upper echelons who are willing to fight back against her embrace of Trumpism, for what it’s worth. We have seen a few cracks show—Pierre Paul-Hus tweeted his condemnation of the occupation, and Senator Dennis Patterson quit the caucus and joined the Canadian Senators Group because he’s so disgusted that the party embraced an occupation where hate symbols have been openly displayed.

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Roundup: Freeland is setting her policy own agenda—oh noes!

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The Globe and Mail had a strange hit piece out yesterday that was largely targeted at Chrystia Freeland, but it was kind of all over the place and seemed to be missing the mark on a few different tangents. It was framed around Michael Sabia, the new-ish deputy minister of finance, and the fact that he hasn’t made any headway in reining in spending or coming out with a “growth agenda,” as though we aren’t still in a global pandemic that has required extraordinary government fiscal measures in order to keep the economy from spiralling into a depression, or the fact that the last budget was a growth agenda, but it was focused on inclusive growth rather than tax cuts, which a particular generation cannot wrap their heads around (and the fact that the piece singles out the childcare plan is evidence of this fact).

What was particularly troubling about the piece was the fact that it couldn’t quite decide how it was attacking Freeland. On the one hand, it worried that she was too hands-off in the department, leaving Sabia to manage it while she dealt with big policy items (for which she was attacked in absentia during Question Period yesterday), while at the same time, it is overly concerned that Department of Finance officials aren’t driving policy, but the government is. Which, erm, is kind of how things work in our system. The civil service is supposed to provide fearless advice but also do the work of implementing the policies and directives of their political bosses. That’s the whole point of a democracy—this is not a technocracy where the bureaucrats run the show, and if these sore Finance officials have a problem with that, perhaps they either need a refresher on how this works, or they need to find themselves out of the civil service.

https://twitter.com/kevinmilligan/status/1470409184076185600

None of this is particularly surprising, mind you—there are still too many pundits and journalists who still think it’s 1995 and will always be 1995, because that is the established media narrative by which they must always obey (and this hit piece also touches on the Cult of the Insider narrative as well with all of the anonymous inside sources). And the fact that Freeland is a woman holding the job, and is focusing on things like inclusive growth and not the usual “tax cuts=jobs” agenda frankly makes it too easy for the 1995 narrative to keep being circulated. But it’s not 1995, and perhaps it’s time that We The Media stop pretending otherwise, because this kind of hit piece was frankly something that should not have seen the light of day.

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Roundup: Unable to read the signs about Freeland

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Just a quick note because a lot of talking heads have been mentioning it over the past few days, which was about that Globe and Mail article from a couple of days ago (which I’m not going to link to) that proclaimed Chrystia Freeland’s leadership ambitions because…she is the subject of an unauthorized biography, and she wrote that letter to the board of Air Canada. No, seriously—that was the sum total of the Globe’s evidence.

And yet, on Power and Politics, The Line and other places, everyone is treating this biography as though it were a) an autobiography, which is what many party leaders will release ahead of an election, not ahead of a leadership vote; or b) a book that she commissioned herself, when in fact someone else is writing it, and Freeland has apparently not even agreed to be interviewed for it, or cooperate with it in any way. Nevertheless, the conflation by all of these outlets continues to paint a picture that is not actually there.

As for the letter to the board of Air Canada, the federal government is one of the largest shareholders with six percent of the company’s stock, which Freeland mentioned in the letter. Add to that, Air Canada is a repeat offender when it comes to violating their obligations under the Official Languages Act, so as finance minister, Freeland has particular obligations to remind the Board of this when their CEO did something as impolitic (and frankly stupid) as the comments he made. This wasn’t something that she did on a whim because she wants to build up her Quebec cred for the (eventual) leadership bid.

I get the desire to stir the pot and create some drama, but come on. Yes, Freeland no doubt has ambitions, and she is likely going to be the next prime minister. But if you’re a serious news outlet, at least get your basic facts and context right before you start making these kinds of proclamations. You don’t look very credible with this kind of nonsense.

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Roundup: Another of Kenney’s talking points blows up on him

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The Alberta government is facing yet another situation where reality butts up against their preferred victimhood narratives – this time around equalisation. You see, for the first time since the 1960s, they have received more in federal transfers than they paid in federal taxes, and we can thank Justin Trudeau’s benediction, not only in pandemic transfers, but in things like money that they sent to the province to remediate orphan wells as a job-creation (and environmental) programme – never mind that they never should have because it meant that private companies and the province were able to successful offload their environmental liabilities to the federal government after the Supreme Court of Canada specifically ruled that they couldn’t under existing bankruptcy laws.

Of course, this isn’t stopping Kenney or his government from trying to spin this to carry on their narrative. For example, the province’s finance minister is claiming that they are still being unfairly impacted because of their contributions on a per capita basis continue to outstrip their share of the population. Because they have the highest incomes in the country by far and we have a progressive federal income tax. This is yet more of the province’s outright disinformation on how equalisation works because they are trying to make people angry rather than properly telling them how the system works, because if people understood, they might not be able to summon some performative outrage about it, and that wouldn’t help Kenney and his agenda.

Because really, so much of how the province is spinning this is yet more distraction sauce from Kenney’s continued failures, and the thousands of unnecessary deaths on his watch, and as I have pointed out elsewhere, Kenney has only one tool in his toolbox, and that is anger. He’s losing yet one more argument that Alberta is being treated “unfairly,” so you can expect a lot more gaslighting and deception in the near future as Kenney and company will try to push back against reality.

https://twitter.com/robert_hiltz/status/1458600346398478337

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Roundup: An unsuccessful distraction attempt

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Erin O’Toole emerged from hiding yesterday, and tried to set the narrative of the day about a supposed scary coalition between the Liberals and the NDP – which isn’t happening. A coalition government means that both parties have Cabinet ministers at the table, and given that we just had the dog and pony show of a Cabinet shuffle not two weeks ago, and there was nary an NDP MP among them, we can be reasonably assured that there will be no coalition government. Nevertheless, even a supply and confidence agreement, or some other arrangement, remains unlikely in the extreme because the Liberals know the NDP are in a vulnerable position, broke an unable to afford another election, so they will ensure the government survives regardless – there is no need to give them any leverage or excuse to try and take credit for the government’s actions (not that anything has stopped them thus far).

But while O’Toole tried to make big noises about the “coalition” that isn’t and never will be, he was trying to deflect from the ongoing problem in his party around MPs like Marilyn Gladu and Leslyn Lewis, who have been stoking vaccine hesitancy (while insisting otherwise), conceding that they have “caused confusion,” which is just more soft-peddling and mealy-mouthed refusal to take leadership or to put his foot down. Indeed, when asked about whether there would be any discipline for these remarks, O’Toole stated that they would deal with it “as a team,” which basically means that no, he’s not going to do anything about it.

While my upcoming column will delve further into just why O’Toole refuses to put his foot down, Gladu can insist all she wants that this isn’t a challenge of O’Toole’s leadership, the simple fact is that she continues to undermine it at every opportunity, and that is going to eventually erode what little trust or credibility O’Toole has left.

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