Federal Politics

[policyenthusiast]

Nenshi's 'blunt' message to federal NDP: Don't mess this up for Alberta​

Alberta NDP Leader Naheed Nenshi has a blunt message for federal NDP leadership candidates.

Nenshi said he has spoken with the three front-runners — Avi Lewis, Heather McPherson and Rob Ashton — and suggested to CBC News that he asked candidates not to stand in the way of his push to win next year's Alberta election.

Nenshi is attempting to unseat the United Conservative Party government led by Alberta Premier Danielle Smith.

"In Alberta, we are facing a particularly horrifying government, a government that is malicious, that is incompetent and that is corrupt, to be very blunt," Nenshi said in an interview with CBC News.

 

[David A]

Return to the office continues for government employees

MSN

 

[policyenthusiast]

Big one today, at least for my sensibilities.

Carney government to spend $6B on EV incentives for Canadian buyers and automakers, scrap mandates for manufacturers​

Auto sector leaders wheeled a victory lap Thursday after Prime Minister Mark Carney released a national auto strategy killing the EV sales mandate for the new car market, while pledging $2.3 billion to restore consumer rebates of up to $5,000 per $50,000 electric car.

Carney rolled out the measures Thursday as part of a strategy to buffer the Canadian automotive industry from the fallout of the U.S.-led tariff war, while driving a pivot to what he believes is an inevitable electrification of the industry.

 

[Whatup]

ELBOWS UP!!

 

[kcantor]

^
This is another set of statistics that doesn’t really tell the whole story…

Canada’s population grew something in the range of 15% over that decade while the US and Denmark grew at rates in the 4-5% range.

It’s also unclear what the impact of undocumented immigrants is on GDP per capita statistics.

 

[policyenthusiast]

^
This is another set of statistics that doesn’t really tell the whole story…

Canada’s population grew something in the range of 15% over that decade while the US and Denmark grew at rates in the 4-5% range.

It’s also unclear what the impact of undocumented immigrants is on GDP per capita statistics.

Bingo. GDP is also a half-assed metric of economic health, for check-kiting reasons previously discussed.

 

[Whattagame]

Doubling down from the guy who clearly doesn't understand GDP.

 

[policyenthusiast]

Doubling down from the guy who clearly doesn't understand GDP.

GDP measures the value of goods and services produced domestically, but it does not measure economic well‑being, sustainability, financial stability, or the quality of growth. Now with recursive investment from AI companies into other AI companies especially (the aforementioned check kiting), GDP can appear to grow for reasons that do not reflect broad‑based prosperity.

GDP does not distinguish between productive and self‑referential investment, because the metrics cannot tell the difference between useful investment (new businesses, etc.) and circular investment loops (OpenAI investing into MSFT, who then invest into OpenAI.

Don't get me wrong, the Canadian economy is pretty shit today. But it isn't reflected correctly by just stating GDP.

 

[David A]

^
This is another set of statistics that doesn’t really tell the whole story…

Canada’s population grew something in the range of 15% over that decade while the US and Denmark grew at rates in the 4-5% range.

It’s also unclear what the impact of undocumented immigrants is on GDP per capita statistics.

Yes, although selecting certain periods can lead to cherry picking. For instance, Canada is a major oil producer, oil prices peaked around 2014 and for most of the rest of the decade there was a long slow decline.

Yes, the only other oil producer in this list Norway did better than us, but they had the good sense to maintain tax revenue and set up a huge investment fund which stabilized their revenue. Ironically they copied this from Alberta in the 1970's which later mostly abandoned this approach.

 

[Whattagame]

GDP measures the value of goods and services produced domestically, but it does not measure economic well‑being, sustainability, financial stability, or the quality of growth. Now with recursive investment from AI companies into other AI companies especially (the aforementioned check kiting), GDP can appear to grow for reasons that do not reflect broad‑based prosperity.

GDP does not distinguish between productive and self‑referential investment, because the metrics cannot tell the difference between useful investment (new businesses, etc.) and circular investment loops (OpenAI investing into MSFT, who then invest into OpenAI.

Don't get me wrong, the Canadian economy is pretty shit today. But it isn't reflected correctly by just stating GDP.

My comment wasn't directed at you. It was to the poster who is a member of the Columbia House GDP Graph Club.

 

[David A]

The totalitarian attempt to create a cult of personality in the US does not seem to be going very well.

Despite all the money spent, it doesn't seem they have been able to turn Melania into Eva Peron yet.

MSN