In its length, in its cost and in its debate schedule, this election is unusual. The first and possibly only real debate of the campaign ended and here are the highlights of what happened.
Who said Canadian politics is boring? This year has been a news-maker filled with controversy and action. From the battle that wages over the economy to the one being waged in the senate, Canadian political junkies had ample opportunities to gather popcorn or join the discussion over the issues that matter to them.
With 209 conditions that need to be met, the joint panel reviewing the Northern Gateway pipeline proposal has given the idea a green light, leaving the final decision in the hands of the federal government.
Major U.S. Democratic Party fundraiser Tom Steyer sent a letter to Prime Minister Stephen Harper suggesting his firm lobbying for the XL Keystone pipeline may have contributed to the U.S. shut down.
US President Barack Obama drew a clear line in the sand today on where he stands on the controversial keystone pipeline project. Natural Resources Minister Joe Oliver responded to the remarks, saying he’s confident the facts support the approval of the project in a time when the Conservatives will likely be shifting their attention to the resource-based economy.
Expect prices on all goods to rise as the Conservatives increase tariffs on everything imported from China and India. The hidden tax will likely be overlooked until it hits your pocketbooks as the Conservatives advertise the removal in tariffs for hockey and baby equipment. However, don’t be fooled, the ‘low tax’ mantra of the Conservatives, desperately being portrayed here is nothing but a lie. Taxes will go up, just you won’t see it directly. Expect the Canada-US price gap to grow even further.
Prime Minister Stephen Harper has approved the CNOOC-Nexen takeover deal and Canada is now trapped in a 31 year deal where China will almost always get the final say. The Chinese government does not believe in our free and capitalist society, remaining totalitarian with a communist system that has one of the worst standards for human rights in the world. This was once a concern for Harper whom slammed the door on China but now, out of virtually nowhere, not only is China an important trade partner, it is trusted enough to own, for 31 years, one of Canada’s most strategic resources that is in very high demand and low supply around the world. In other words, Canada got royally ripped off with its flat rate $15 billion in one-time revenue.
Developing Canada’s oil sands brings great promise to the Canadian economy and allows for an opportunity to emerge as a major player in the energy market. The oil that sits unrefined in Alberta opens doors to vast new trade opportunities, which each bring long term benefits. Most importantly, Canada’s oil presents an opportunity to lower fuel prices nationwide and offset some of the tax burden from middle class families to fund the services Canadians cherish. Overall, if exploited wisely by Canada’s private industries and used for the right objectives, Alberta’s oil sands present an opportunity to bring great benefits to this country… Why would you want to give that away?
The Conservatives are usually the ones prided with policies pertaining to national security and protecting countries from foreign threats. Not only did the Conservatives fail to live up to their mantra, they endangered our allies.
It is no surprise that Canadians are scurrying across the boarder. Go into most Canadian stores and look for the same products in the United States and you will realize that we have been gauged for some time.