Whole Foods CEO John Mackey urged his fellow corporate leaders to join him in beating back the rising tide of socialism — an ideology he fears will plunge the world into poverty. In a recent interview with the conservative American Enterprise Institute, Mackey said business bosses need to more aggressively push back against progressives’ increasingly popular critiques of capitalism, a system he called “the greatest thing that humanity’s ever created.” Asked whether the business world’s culture needs to change, the grocery tycoon replied, “It needs to evolve. Otherwise the socialists are going to take over, that’s how I see it. And that’s the path of poverty.” “They talk about trickle-down wealth, but socialism is trickle-up poverty,” he said. “It just impoverishes everything.”
Premier Jason Kenney did not condemn weekend anti-mask rallies on Monday, saying the right to protest is constitutionally protected. Saturday anti-mask protests in both Edmonton and Calgary drew crowds of hundreds after new provincial rules were introduced last week that ban private indoor social gatherings and limit “private social” outdoor gatherings to a maximum of 10 people in an attempt to curb the spread of COVID-19. In question period Monday, Kenney highlighted the legal right to demonstrate. “We ask Albertans to be responsible in their actions … obviously when it comes to the constitutionally protected right to protest,” said Kenney.
Conservative Leader Erin O’Toole slammed the fiscal update released by the Trudeau Liberal government. The update projects a deficit of nearly $400 billion this year, with an additional $100 billion in spending over the next three years. As the Conservatives have noted, the problem here is that the Liberals continue to spend more and more money, while the underlying cause of economic damage is not being resolved. The lack of action at the border let the virus into our country, and since then, a lack of rapid testing, and now – Canada being potentially far behind on vaccines – means the crisis continues. As a result, the Conservatives will not be supporting the fiscal update.
The federal government has put forth a ‘fiscal update,’ though not a full budget. The numbers show a deficit of $381 billion, the largest in Canadian history. For comparison, Canada’s total debt before this year was about $700 billion, meaning this will by far the largest one-year increase in our debt in history as well. In addition to the large budget deficit – due in large part to a huge drop in revenue from the economic contraction – the Liberals are planning another $100 billion in spending over the next three years. In her remarks, Freeland attacked the Conservatives: “As we have learned from previous recessions, the risk of providing too little support now outweighs that of providing too much. We will not repeat the mistakes of the years following the Great Recession of 2008.”
Since the beginning of COVID-19, the public has clamoured for more information. Sadly, people haven’t always gotten what they’ve been looking for from their respective governments. While there is a daily deluge of data on COVID-19, some of the most important information has been absent or tough to come by. We all hear the daily case count reported by provincial or local governments, that’s been a staple of COVID-19 media reporting and sadly, all too often, the main focus. Finally, we’re seeing more reporting on issues such as positivity rates, rolling averages, hospitalization and ICU admissions. We need more information in order to ensure the public is fully informed and not subject to charlatans peddling outright lies.
When the history of the COVID-19 pandemic is written, it should include a chapter about how Prime Minister Justin Trudeau engineered “The Great Reset” of the role government plays in our lives, without even bringing in a budget. How it wasn’t done in secret, but out in the open.
OTTAWA — Canada plans to impose a tax on corporations providing digital services from 2022 that will stay in place until major nations come up with a coordinated approach on taxation, the Finance Department said on Monday. The Organisation for Economic Cooperation and Development is working on a common approach to ensure digital behemoths, such as Google and Facebook, pay their share of taxes as the coronavirus hammers budgets.
OTTAWA — Finance Minister Chrystia Freeland’s first fall mini-budget finds new funds for families and businesses and scratches a longtime provincial itch over transfer payments as she tries to find a delicate balance between pandemic anxiety and political prudence. Freeland defended the federal government’s record deficit of more than $381 billion as affordable — given low interest rates — and necessary and accused the former Conservative government of withdrawing stimulus too quickly after the last recession 12 years ago.
The driver of a transport truck allegedly fled the scene of a serious crash in Guelph on Sunday, according to police. A transport truck rammed into the back of a car at the intersection of Hanlon Pkwy. and Kortright Rd. at 5 p.m. in southeastern Guelph, said Wellington County OPP.
A psychiatrist says the man who killed 10 people in Toronto’s van attack has never shown aggression towards others, just himself. Dr. Alexander Westphal is testifying in the defence of Alek Minassian, who has pleaded not guilty to 10 counts of first-degree murder and 16 counts of attempted murder.