Tag Archives: Mark Carney

Roundup: Lies about Brookfield to own the Libs

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For the past couple of days, the Conservatives have been trotting out new talking points about Mark Carney, and the fact that Brookfield Asset Management plans to move their head office to New York, but absolutely everything the Conservatives say about the move is false. The move is because they want easier access to New York stock indexes, but it remains incorporated in Canada, it’s not changing its operations, strategic plans, or tax treatment. Everything that Poilievre and his MPs have said about this is a lie, and they are utterly brazen about it.

Meanwhile, the Conservatives keep trotting out claims of the Liberals’ so-called “economic vandalism,” particularly in the resource sector. But again, this is utter bunkum.

It’s lies all the way down. But does legacy media say absolutely anything? Nope. The Elder Pundits? Are you kidding? They just keep shrugging it off, but when the Liberals stretch credulity with their own talking points? Well, that’s a scandal. Honest to Zeus, you don’t need to recreate what’s happening in the US. There is no “good parts only” version. Stop pretending there is.

Has Poilievre said a truthful thing ever? Nope.Have the Liberals stretched credulity with their recent talking points. Yup. Has the Post ever freaked out about the former as they have the latter? Of course not. There are two standards being applied.

— Dale Smith (@journodale.bsky.social) 2024-11-02T02:30:49.830Z

Ukraine Dispatch

A Russian missile attack on Kharkiv killed a police officer and injured 40 others. Over the course of October, Russia attacked Ukraine with 2,023 drones. Ukraine’s ability to produce more mortar shells is being stymied by a global shortage of explosives. President Zelenskyy is calling on allies to take action to tackle the presence of North Korean troops in Russia before they engage in combat. From Ottawa, South Korea’s foreign minister said that all scenarios are under consideration for aiding Ukraine because the North Koreans have entered the field.

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Roundup: Preparing for the backbench rebellion

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In advance of Liberal caucus tomorrow, media is rife with attempts to figure out just how many MPs will be pushing for Trudeau to go, and it sounds like between twenty to forty, but nobody knows anything for sure, and much like the past two caucus retreats where the backbenchers were restive, it could all fizzle out by the end, because Trudeau apparently has some kind of magic he can weave when he’s in the room. This could also just be a means of applying pressure to force the PMO to start showing that they are committed to a change of direction or just showing that they are capable of change, but so far Trudeau’s response has been to double-down and stare down his naysayers, but you have to admit, that even twenty backbenchers being ready to push you out is a bad sign, and forty is an indication that you’re not able to read the room.

This of course has led to future leadership speculation, and jumping right into things was former BC Liberal premier Christy Clark, who says she’s taking French classes, but I find this whole thing a bit of a laughable charade. While I know of several federal Liberals who will vouch for her Liberal-status, she also previously mused about running for the leadership of the Conservatives save for her lack of French skills, and was also organizing with the “Centre Ice conservatives,” now the upstart wannabe party that Dominic Cardy is leading. On top of that, Clark’s record as premier is pretty problematic, so I would have some very big questions about just what kind of reception she thinks she’s going to get outside of the few Liberal insiders who knew her ack in the day.

And then there’s Mark Carney, who told Nathaniel Erskine-Smith on his podcast over the weekend that he’s planning to run for a seat at some point, but won’t say where and when, and is vague about a lot of it other than saying that this is because he owes Canada “a lot.” Of course, none of this changes the fact that as a former central bank governor, he should stay the hell out of electoral politics for the rest of his life, because of what it does to his successors and the institution. Central banks need to be scrupulously politically neutral because what they say needs to be believed if they are to control inflation.

Ukraine Dispatch

Russian attacks killed three people in Zaporizhzhia, and three in the Donetsk region. A Ukrainian drone attack damaged two distilleries in Russia, just south of Moscow. And this is what is known so far about North Korean troops joining the Russian invasion.

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QP: Conspicuous silence about India

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The first day back after a busy constituency week, and the PM was absent, though his deputy was present. Most of the other leaders were also away, but Pierre Poilievre was there, and he once again began in French to lament mortgage costs in Quebec, and complained that Trudeau was too worried about his own survival, before demanding an election. Chrystia Freeland said that she was glad the Conservatives were thinking about the economy, and she praised the fact that inflation has been tamed, which the Conservatives don’t want to talk about. Poilievre needed that Trudeau is facing a backbench revolt and demanded an election, to which Karina Gould noted that the Conservatives were trying to avoid another vote in the Chamber that they would lose. Poilievre switched to English to lament that people lined up in Cloverdale, BC, for “ugly potato day,” and used this to demand an election. Freeland noted that Poilievre was crying crocodile tears because he voted against their school food programme. Poilievre gave a more emphatic version of the same, and Freeland noted that the Conservatives were damning themselves by their intransigence, and described the launch of their school food programme in Manitoba on Friday. Poilievre was incredulous as this, accused the prime minister of being in the “fetal position” under his desk, and demanded an election. Freeland dismissed this as the Conservatives losing the plot, and their concerns about inflation Missed that his has been back in the target range for nine months.

Alain Therrien led for the Bloc, and he demanded the government support the Bloc’s OAS enrichment bill. Steve MacKinnon said the Bloc have never voted in the interests of seniors, so this was disingenuous. Therrien then turned to the Supply Management bill in the Senate, and lamented that the prime minister was not pressuring senators, and Jean-Yves Duclos noted the government’s support for system all along.

Jagmeet Singh rose for the NDP, worried about foreign interference from India, and wondered if the PM had personally urged Poilievre to get his security clearance. Dominic LeBlanc said that they extended the offer, and that they are working to keep Canadians safe. Singh tried again in French and got much the same response. 

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QP: Poorer than Alabama

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The prime minister was jetting off to Paris for the Francophonie summit, and his deputy was off to Toronto, so other leaders also took the cue to be absent for QP. Pierre Poilievre, however, was there and started off in French by listing times the Bloc leader supported the government, and wondered if the government wanted to thank him. Jean-Yves Duclos talked about dental care, and all of the seniors getting treatment, which the Conservatives claim doesn’t exist. Poilievre then turned to the current privilege fight and that the government is refusing to turn over documents related to SDTC. Karina Gould called this out as misleading and an attempt to overturn Charter rights and politicising police independence. Poilievre repeated that in English, and Gould repeated her response with the added coda that if Poilievre doesn’t understand that, it would be worse if he does understand and doesn’t care about Charter rights. Poilievre turned to the police shooting in Toronto yesterday and trotted out the “hug-a-thug” line. Gould said that while their hearts go out to the officer, but turned to the issue of Poilievre trampling Charter rights. Poilievre complained about the Charter rights of criminals and asked the Liberls “What is wrong with you people?” After being warned by the Speaker about directing questions through the Chair. Arif Virani reminded him that bail is decided upon by provincial-appointed justices of the peace and Crown prosecutors.

Alain Therrien led for the Bloc, and demanded a royal recommendation for their OAS bill or face an election. Steve MacKinnon pointed out that the Bloc voted against dental care when 6,900 people in his riding were signed up. Therrien pointed out the number of seniors on MacKinnon’s riding not getting the OAS enrichment, and MacKinnon reminded him that the government’s track record on taking care of seniors spoke for itself.

Alexandre Boulerice rose for the NDP, and complained about rent, which is a provincial jurisdiction. Duclos got up to talk about how Poilievre dismissed social housing as “soviet.” Bonita Zarrillo demanded immediate enhancement to the Disability Benefit, to which Kamal Khera read her bankrupt talking points about how historic the clearly inadequate is.

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QP: Fighting to claim who loves seniors most

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The first day back after an extended weekend, and the prime minister was in town but absent, while his deputy was there. Most of the other leaders were also away, and this was the Bloc’s Supply Day and the Conservatives were about to have the vote of their latest non-confidence motion, so that was going to set the stage for what was to come. Before things got underway the Bloc’s newest MP got introduced to the Chamber to take his seat. Speaker Fergus then gave another admonishment for MPs to behave, as though that was going to do anything.

Once things got started, Pierre Poilievre led off in French, and rattled off some slogans that claimed to be in the defence of seniors. Chrystia Freeland said that seniors remember that Stephen Harper went off to Davos to raise the age of retirement, and that they government introduced child care for the benefit of their grandchildren. Poilievre then took a swipe at the Bloc before demanding an election. Jean-Yves Duclos pointed out that Poilievre picked fights with municipalities. Poilievre switched to English to spin a tall tale about Mark Carney, calling him a walking conflict of interest. Freeland said that they are glad to get advice from former central bankers like Carney and Stephen Poloz, while the Conservatives get their advice from Elon Musk and Tucker Carlson. Poilievre then raised Blaine Higgs’ doomed promise to try and challenge the carbon levy in the courts again (who will promptly tell him to pound sand), and demanded an election. Freeland pointed out their announcement from this morning about the small business carbon levy. Poilievre then switched topics again, this time other Israel’s right to defend itself. Mélanie Joly says that they condemn Iran’s attacks, which will only further escalate the region, that she contacted her Israeli counterpart this morning and other regional counterparts, and that the war needs to stop.

Alain Therrien led for the Bloc, and listed seniors groups on the Hill before demanding support for their OAS changes. Steve MacKinnon listed all of the measures for seniors that they voted against, saying their hypocrisy was shocking. Therrien made the demand again, pointing out it’s International Seniors Day, and MacKinnon prevaricated by wishing seniors well on this day, before returning to the his points about what the Bloc voted against.

Lori Idlout appeared by video to demand more funding for First Nations, particularly things like fire services. Patty Hajdu says they have invested $136 million for First Nations self-determined fire safety priorities. Leah Gazan demanded better healthcare access for First Nations. Hajdu says that there were $2 billion in the recent transfers earmarked for Indigenous self-determined priorities.

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Roundup: Hoping it won’t be that bad (but it will be)

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Because we’re in the middle of re-litigating the carbon levy yet again ahead of the Conservatives’ planned confidence vote, some familiar patterns are emerging, some of which are from the Elder Pundits who are, yet again, playing the “It won’t be that bad!” card, when in fact, yes it will be. Case in point was John Ivison reaching out to Ken Boessenkool, former Conservative advisor, to talk about the industrial carbon price, and Boessenkool (whose post-political career involves a lot of validating the Elder Pundits’ belief that it won’t be that bad) told him that the majority of those prices are provincially regulated, so they should remain intact. Which is not an assumption I would make because we have several provinces who believe that they can reach their reduction targets without any price (which is stupid), and they want to keep attracting investment, particularly in oil and gas, so they are likely to either greatly reduce their industrial price, or kill it altogether. This will in turn trigger a race to the bottom among other provinces, so the prices become useless. This is the whole reason why a federal benchmark and backstop were created—so that provinces couldn’t do that, and why the Supreme Court validated this as a legitimate exercise of federal powers. (Incidentally, Jenni Byrne disavowed Boessenkool after that piece went to print, which pretty much validates my point).

Meanwhile, other Elder Pundits are trying to write about the alternatives the Conservatives will use instead of the carbon levy, but even there, as they assert that while the levy is the best mechanism but there are others (because remember, they want to keep insisting it won’t be that bad), but that is a misread of what the Conservatives are actually promising, which is to tear up everything the Liberals have done, and rely on magic (in part because they don’t want to do anything, excuse themselves from doing anything by insisting that we’re only two percent of emission so what we do doesn’t matter, and any action they do take will only be “aspirational.”) For what it’s worth, the NDP also believe in the magic that they can only price carbon for corporations and it won’t be passed along to consumers, or that consumers won’t have to change any behaviour because corporations are evil. And it’s really, really depressing because the actions are having a difference, we have bent our emissions curve downward, and this is going to just upend everything for the sake of authoritarian populism, while the gods damned Elder Pundits tut-tut that the carbon levy must be bad because it’s unpopular, never mind that their refusal to understand of communicate it, or to refute the lies about it, have contributed to this situation. Good job, everyone. Enjoy your summers of wildfire smoke, and your melting icecaps.

Ukraine Dispatch

Russians struck an apartment building in Kharkiv, wounding 21 civilians, as Ukraine destroyed 71 out of 80 attack drones overnight. There were also air strikes on Zaporizhzhia that injured 13 civilians. President Zelenskyy is hoping for faster action from the Americans, ahead of his visit to the White House, given that Ukrainian drone strikes have hit Russian arms depots, destroying thousands of tonnes of weaponry.

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QP: Not Question Period, but Catty Bitch Period

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The prime minister was away, off at Rideau Hall to swear-in the replacement minister for Pablo Rodriguez, and while his deputy was supposed to be present today she was not. Pierre Poilievre led off in French, and he raised the concerns by the “premier of the Quebec Nation” about asylum seekers and “temporary immigrants,” and who said he wants the Bloc to not support the government next week. This wasn’t a question for the government, but Jean-Yves Duclos got up to answer it anyway, and he first thanked the new cohort of pages in the Chamber, and then said that Poilievre’s statements were laughable. The Speaker then stood up to remind MPs that it’s important that questions have to do with the administrative responsibility of the government. Poilievre got back up to decry this the Bloc were going against not only Legault but also the Parti Québécois position. The Speaker warned again that this was not a matter for government, but Pascale St-Onge got up regardless—which she shouldn’t have—and spoke about how Quebeckers did not appreciate when Legault endorsed the Conservatives. Poilievre got up again and decried the loss of the Quebec lieutenant, and asked something of Pablo Rodriguez, who is no longer in government, so the Speaker moved to the next question. Poilievre switched to English to decry the NDP and their “taping up” their agreement, but again it wasn’t a question for government, to the Speaker moved on. Poilievre made a second swipe at the NDP, calling Jagmeet Singh a “fake, a phoney, and a fraud,” which still wasn’t a question, but Singh got up, and moved into the aisle (which you couldn’t see on CPAC), saying something inaudible to Poilievre, and there was much noise for a couple of minutes. When it died down, the Speaker said that the questions were supposed to be for government for the sake of accountability, that questions should be pointed and tough, and the answers clear, but this required working within the rules.

Alain Therrien led for the Bloc, who declared that their priority was seniors, and demanded they rise OAS and GIS for seniors under 75. Karina Gould thanked him for asking a real question. Therrien again demanded the increase, and Steve MacKinnon reminded him that they voted against lowering the retirement age, enriching the GIS, and dental care.

Jagmeet Singh rose for the NDP, and with a hoarse voice, raised the Canadian Medical Association’s worries about privatisation in the healthcare system and a shortages of personnel, which is provincial jurisdiction, but blamed the federal government anyway. Mark Holland praised their work with the provinces, and took a dig at the NDP for capitulating to the Conservatives acting like Mean Girls. Singh got back up and in French, and demanded assistance of the Aging Well At Home programme in Quebec. Holland got back up and again called them out for caving to the Conservatives.

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QP: Won’t somebody think about the GDP?

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The first prototype-PMQ day of the fall sitting promised to be a caustic set of exchanges between the PM and the leader of the opposition, and it did not disappoint. Well, it’s always disappointing, but it went about as well as expected, though perhaps not quite as caustic as one might have assumed. Pierre Poilievre led off in French with a swipe at the Bloc for their plans not to topple the government, and listed a bunch of nonsense about what the federal government allegedly did—but it wasn’t really a question for the government. Justin Trudeau listed things they have done that the Conservatives would cut. Poilievre recited some slogans, and wondered again why the Bloc allowed it, which was again not a question for government, and the Speaker said nothing. Trudeau listed things that Poilievre voted against in his “thirst for power.” Poilievre switched to English to make the same swipe, but this time directed to the NDP, and wondered why they weren’t saying they would vote against the government, which again was not a question for government. Trudeau repeated that Poilievre voted against Canadians’ interests because he only cares about himself, and that he was in a bad mood because the economy was performing well. Poilievre recited a litany of slogans, and Trudeau said this was mere performance because he doesn’t care about Canadians and repeated the points about inflation coming down and that Poilievre can’t use his “justinflation” slogan anymore. Poilievre took this as an excuse to list the people using food banks or who are in tent encampments, and Trudeau said this empathy was false because he was using the vulnerable for his own gain.

Yves-François Blanchet led for the Bloc, and he lamented the remarks of the special advisory to counter Islamophonia, and wanted the government’s definition of Islamophobia. Trudeau spoke about the rise of it and antisemitism, but did not provide a definition. Blanchet noted this and accused the government of polarising Canadians, and Trudeau pointed out that he is a proud Quebeckers and there are more Liberals from Quebec than in the Bloc, and that they need to combat intolerance. 

Alexandre Boulerice rose for the Bloc, and decried the increasing privatisation of healthcare and demanded the government put a stop to it. Trudeau said that the NDP can’t deliver the goods on progressive policies, as shown by their backing out of their agreement, because they didn’t like it when things got hard. Alistair MacGregor took over in English to worry about grocery prices, and accuse the government of “caving to CEOs.” Trudeau accused them of taking a page from the Conservative playbook in choosing slogans over hard work.

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Roundup: Two percent ahead of schedule

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The big news yesterday was that according to August data, headline inflation returned to the Bank of Canada’s target of 2.0 percent, well ahead of schedule. It’ll bounce around for a while as the economy continues to rebalance, but it’s a sign that the Bank has essentially stuck the soft-landing. And before you repeat the Andrew Scheer line of “People are going to food banks, you call that a soft landing?” the answer is that the alternative was a recession, so yeah, this definitely beats that.

Things are still uneven, and yes, housing costs continue to drive much of the current inflation, and gasoline prices are a big reason why it fell as much as it did in August, so those will bounce around some more. Food is still running a little bit above headline, but nowhere near what it was before because supply chains have evened out, prices have stabilized from supply shocks (driven by climate change and the invasion of Ukraine), but seasonal price changes are also having an impact. (More from Trevor Tombe in this thread).

https://twitter.com/trevortombe/status/1836026950281744434

Meanwhile, I have seen zero discussion about how everything that Pierre Poilievre has claimed was causing inflation—deficit spending, the carbon levy, and so on—has all been proven false, to say nothing about the comparison between us and the US in terms of deficits and economic performance. Oh, but then they may have to actually point out that he’s lying, and they don’t want to do that. Not to mention, this is Canadian journalism, and we don’t like to actually talk to economists to understand what’s going on, we only need them to assist in both-sidesing bullshit talking points from the parties that paint a picture of doom (because there is “no such thing as a good-news economic story”). Is it any wonder Canadians have such a distorted view of the economy?

Ukraine Dispatch

Russians have once again targeted energy faculties in Sumy region, while shelling in Zaporizhzhia, has killed two people. Russians claim that they have captured the town of Ukrainsk in the eastern Donbas region.

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QP: Did you hear the good news about inflation?

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The prime minister had initially indicated that the would be present, but when the time came, he was not. His deputy was present for a second day in a row, in the wake of the by-election losses, but also in the wake of the news that the inflation headline figure has returned to target, and which I fully expected the Liberals to be insufferable about. All of the other leaders were present, unlike yesterday, and Pierre Poilievre led off in French, raised the by-election losses, falsely called the federal government as having been responsible for the largest expansion of government in history, and wondered how the Bloc could support them—which really wasn’t a question for government. Chrystia Freeland got up to praise the inflation numbers, as expected. Poilievre dismissed this as cold comfort for people, and again asked why the Bloc supports them (which is not a question for government), and Freeland again praised the inflation numbers while calling Poilievre economically incompetent. Poilievre switched to English to again raise the by-election losses and recited his slogans. Freeland repeated her good news talking points in English. Poilievre again called this cold comfort, called Freeland incompetent, and raised the fictitious “second carbon tax” as taking a huge hit on the economy. Freeland insisted that the inflation news was good news for Canadians and bad news for the Conservatives. Poilievre repeated his fiction of the “second carbon tax,” which is not a Thing, and demanded an election. Freeland recited good news talking points about housing, repeating the announcement she made yesterday on mortgage amortization.

Yves-François Blanchet led for the Bloc, and first addressed to Poilievre that they got fourth place in LaSalle—Émard, before demanding support for their bill on expanding pensions for seniors under age 75. Freeland recited talking points about supports they have added for seniors, particularly those most vulnerable. Blanched again demanded a royal recommendation for the Bloc bill, and Freeland would not indicate support for that bill.

Jagmeet Singh rose for the NDP and declared the Liberals “done,” then demanded price caps on certain groceries. Freeland hoped that they would set partisanship aside in order to congratulate Canadians for getting inflation back under control, before noting they have increased taxes on corporations. Singh switched to French to repeat his same declaration before demanding and end to “real estate giants” ripping people off. Freeland scoffed at the notion that the Liberals are teaming up with the Conservatives (earned Conservatives applause) and then slammed the Conservatives. 

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