Tag Archives: Bank of Canada

Roundup: Singh’s sad display of performative toughness

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In a Parliament that is mired in some of the worst theatrics imaginable, it’s hard to think about something that could possibly take the cake, and yet, NDP leader Jagmeet Singh certainly tried with his sad, pathetic performance over the weekend. To wit: The government started debate on the pharmacare legislation at the end of last week, and Conservative MP Stephen Ellis put forward a “reasoned amendment” at the bill be killed at second reading for *handwaves* reasons. Singh would not stand for this, so he…wrote a strongly worded letter, and threatened the Conservatives that he would not stand for delays. And then put out some press releases to show how tough he was in sending that strongly-worded letter. And lo, the deadline he gave the Conservatives to withdraw their amendment came to pass, and wouldn’t you just know it—nothing happened.

The thing with these “reasoned amendments” is that the Conservatives are now moving them on every piece of legislation because it essentially adds time to the clock, which they can use to then run out the clock, again and again, blocking the ability for the government to get more legislation through the process. It’s a tactic that is supposed to be used as a last resort for very serious matters, but it’s being used routinely now, because this is who the Conservatives are, and they will do absolutely anything to keep the government from moving on its agenda. There is a lot that could be written about the absolute degrees of procedural warfare that has taken place over the last few years that have bogged the government and its agenda down entirely, but I’ll get around to it at a later date.

Suffice to say, this is just one more example of Singh making himself (and his party) irrelevant. He keeps pretending he’s going to be tough on the government for their budgets, and then goes along with them (per the Supply and Confidence Agreement). After each song and dance, he swallows himself whole, and then pats himself on the back for how much he accomplished in that budget (never mind that the NDP did absolutely none of the work, but still take full credit for everything). This attempt to “threaten” the Conservatives is just yet more sad spectacle, and it showcases just ineffective he really is.

Ukraine Dispatch:

The Russian drone attack on the power facilities in Sumy region wound up cutting power to 400,000 consumers. Russian forces claim to have taken control of two more villages—Soloviove, and Kotliarivka, and Ukrainian bloggers appear to corroborate this claim.

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Roundup: Tiff Macklem goes to committee

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Bank of Canada governor Tiff Macklem appeared before the Commons’ finance committee yesterday, and reiterated that a decision on a rate cut is getting close, which should be good news to (most) everyone—most especially the government. There were a couple of other interesting things he said, which is that we’re not beholden to matching the US’ rate, but at the same time, we can’t diverge too much, or we would face currency devaluation.

The Conservatives have been clipping his appearance at the Senate’s banking committee the day before, claiming that he said that the federal budget and its deficit are fuelling inflation, which isn’t what he said. He said that the budget won’t have any impact on inflation, because any increased spending is balanced out by higher revenues—but they clipped the part about revenues off, because deceit is their current modus operandi.

https://twitter.com/jasrajshallan/status/1786033120690544860

And because of where the discourse is at, Macklem had to once again point out that the carbon levy is not having an impact on inflation, and that if you “axed” it, there would be a small one-time drop in inflation that would disappear the next year (because inflation is a year-over-year measure), and it wouldn’t really change much—a message that Conservatives don’t like to hear, or who like to fudge, because it messes with their narrative that said levy had driven people into poverty (which is not true). But seriously, how many times does he need to say this?

Ukraine Dispatch:

Guided bombs hit close to a sports complex in Kharkiv, injuring eight children. The tally is that Russia fired more than 300 missiles, around 300 drones, and over 3200 guided bombs against Ukraine in April. Russia has massed its forces, and they are making a concerted push along all of the front lines in Donetsk, though Ukraine is holding them off for the time being, though they are forced to be judicious with their ammunition until more can arrive. Here is a look at the state of minefields in Ukraine, where they are now one of the most mined countries in the world.

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Roundup: Back to challenging the Speaker once again

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Not unexpectedly, a number of MPs have renewed the call to oust Greg Fergus from the Speaker’s chair after Tuesday’s dramatics during Question Period. For the Bloc, who soured on Fergus shortly after his election and his recording a video in his robes, they’re complaining that he can’t control the room, which is a bit unfair because MPs themselves have hobbled the Speaker’s ability to enforce decorum by giving him narrow powers in the Standing Orders. This logic also ignores the culpability of those who are making the noise—the Speaker isn’t making them behave like that. And for the record, Fergus says he’s not stepping down.

For the Conservatives, however, they are playing the victim, as is a common far-right tactic these days, and claiming that he had a double standard on Tuesday. Their proof—that prime minister Justin Trudeau wasn’t forced to retract or get named when he referred to Poilievre’s “spineless leadership” in not denouncing far-right extremists and Alex Jones. Note that the language Trudeau used was that the leadership was spineless, he did not call Poilievre that. And he was warned about inflammatory language, and he rephrased. Poilievre called Trudeau “whacko,” which was is a direct attack, and then refused to withdraw the word when instructed to—and again, the prevarication and wheedling of trying to replace the word is not respecting the Speaker’s authority, especially when invited to simply withdraw four times. There is a difference between what each leader said and how each responded, and if Conservatives can’t tell that difference, then they have a real problem with their critical thinking skills, which isn’t a good thing for an MP.

There was added drama when Conservative MP Rachael Thomas, who now claims that she withdrew her remarks yesterday but was ejected anyway, and more to the point, says that Hansard was edited to justify Fergus’ decision. Recall that Fergus was cautioning her for yelling at him during an outburst, to which she shot back “I have big problems with the Chair.” Fergus told her to withdraw that, to which Thomas’s response was “Mr. Speaker, I stated that the Chair is acting in a disgraceful manner,” and then says that she added “I withdraw,” which is also in the Blues (meaning the unedited transcripts before they go for final polish). But I was sitting right above her, and didn’t hear her say “I withdraw,” but even if she did, you can’t challenge the Speaker again and then just say “I withdraw” and expect no consequences. That’s not even like a qualified apology, it’s openly challenging a second time, and then trying to give yourself a fig-leaf of cover. That’s bullshit, and she knows it.

To put a cherry on top of this, CBC dug up video of then-Speaker Andrew Scheer saying you can’t challenge the integrity of the Speaker, which includes allegations of partisanship, and lo, what are they doing now? Rules for thee but not for me is very much their modus operandi, and it’s not great for democracy.

Ukraine Dispatch:

A Russian ballistic missile struck a postal depot in Odesa, injuring fourteen and starting a huge fire, and Russians claim to have struck Ukraine’s southern command post in the same attack. There was also a guided bomb attack in the Kharkiv region, killing two in an attack on the village of Zolochiv, while there was also an attack on the town of Hirnyk near the front lines, which killed at least two more people. Drone footage shows the way that Chasiv Yar has been devastated by Russian bombardment as the move toward it, while Ukrainian forces in that area say they badly need more ammunition. The US is accusing Russia of breaking international chemical weapons ban by deploying choking agent chloropicrin against Ukrainian troops.

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Roundup: Soft-pedalling the extremist camp

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It has been very interesting to watch how legacy media outlets have been covering Pierre Poilievre’s appearance at a “tax revolt” encampment on the Nova Scotia border, but also very, very predictable. For example, they take at face value that this is some kind of “anti-carbon tax” protest, much as they did during the Occupation of downtown Ottawa, but don’t actually who all of the participants are. While they may note that there are Diagolon signs, none of the outlets mentioned that much of this encampment is made up of adherents to the “sovereign citizens” movement, which is a dangerous movement that believes that with some special incantations, they can opt themselves out of laws or obligations like paying taxes. That’s kind of a big deal to be overlooked.

Somewhat hilariously, they all got the vapours over the fact that Poilievre said of Justin Trudeau “People believed his lies. Everything he said was bullshit, from top to bottom.” *gasp!* No mention of course that this was projection, that everything that Poilievre says is lies and bullshit, because they couldn’t possibly. And then it veered off to Trudeau’s response that this is a sign that Poilievre will do “anything to win,” and the whole stupid thing about not disavowing Alex Jones, which seems to be the wrong thing to try and hang this whole thing on. The matter is not that Poilievre is getting the endorsement of the biggest conspiracy theory charlatan in the United States, but rather that he is courting far-right extremists and making false promises to them that he can never keep, and that will have consequences down the road.

This being said, I also find it somewhat predictable that all of the conservatives who had a field day with the head of Hamas thanking Canada for a UN vote—which was a clear information operation—are now whinging and crying about the Alex Jones attention, and saying that Poilievre doesn’t follow him so he shouldn’t need to denounce him. I mean, good for the goose and the gander here, but if you think one is legitimate to make hay with, the other should be fair game as well by your own rules of engagement. Neither of you should make hay over these things, but consistency would be nice.

Ukraine Dispatch:

Russian missiles struck residential buildings in Kharkiv, injuring six people. Ukraine launched its own drone attack against a major Russian steel factory in Lipetsk region, and partially destroyed an “oxygen station” that should do long-term damage wo their work. Ukraine’s government has also clamped down on military-aged men applying for passports as they try to deal with their mobilisation woes.

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Roundup: Danielle Smith aspires to boss-level gatekeeping

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Alberta premier Danielle Smith has decided to crank up grievance politics up to eleven, and has tabled a bill that would bar the federal government from entering into funding agreements with municipalities, but would require them to only do so with the province. This is similar to Quebec, but because this is Danielle Smith, her proposal goes much further and would include things like organizations or even post-secondary institutions getting research funding, because she’s concerned that they’re funding “ideological” projects, apparently not understanding how arm’s-length granting bodies operate. (There’s a good primer here).

https://twitter.com/LindsayTedds/status/1778184559718506741

Aside from this being based on some false premises, Smith is being utterly dishonest about the effect this will have. It’s not going to make things easier, or a “one-stop-shop,” as she claims—as it stands, intergovernmental negotiations is incredibly complex, and she is just giving her bureaucrats even more work. (See Jared Wesley’s thread below about just what these negotiations entail—it’s a lot).

It’s also just virtue-signalling to her reactionary base, which likes to console itself with fairy tales of mean old Ottawa punishing Alberta because the province is just too great that everyone else is jealous, so they need to fight back and this is Smith “fighting back.” How much of this will survive implementation remains to be seen, but in the meantime, this is just more attempts to govern by vibes rather than reality, and it’s absolutely going to make things worse in the province, but they’re going to pretend once again that they’re being saviours, because of course they are.

Ukraine Dispatch:

A Russian attack on the village of Lyptsi near the border hit a grocery store, killing a 14-year-old girl. Russian air strikes also damaged a power plant near Odesa. Ukraine’s parliament is debating a bill to let prisoners join the army to become eligible for parole.

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Roundup: Economists endorse carbon pricing, not the Liberal plan

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Yesterday, a group of leading Canadian economists published an open letter about the facts about carbon pricing and the rebates, and debunked several claims that conservatives around the country have been making. It was a good and necessary corrective, but of course, legacy media headlined it as them defending the Liberal plan, which they weren’t doing, particularly because while the Liberal plan includes the carbon levy and rebates, it also is full of regulation and subsidies, which these economics are explicitly not in favour of. But legacy media loves to make this a partisan fight where they have to be on one side or the other. Liberal Party comms didn’t do themselves any favours either on this one.

To that end, here is energy economist Andrew Leach on carbon pricing, and throwing some shade at the PBO’s rather shite report once more.

Meanwhile, a number of premiers demanded to be heard at the House of Commons’ finance committee about the carbon levy, because they think that’ll do them any good, but instead, the Conservative chair of the Government Operations Committee invited them to testify today. The Government Operations Committee has fuck all to do with this file, but apparently, we no longer care about things like committee mandates anymore, so long as you can put on a dog and pony show, and gather clips for social media shitpost videos, that’s all that matters. This shouldn’t be allowed, but this is the state to which our Parliament has now debased itself. Ours is no longer a serious institution for doing serious work. It’s only about content creation, and I cannot stress enough about how absolutely terrifying this is for the future of democracy.

Ukraine Dispatch:

A Ukrainian missile attack struck a Russian naval reconnaissance vessel as well as a large landing warship. Ukraine’s navy says that they have destroyed or disabled a third of the Russian Black Sea fleet over the past two years. Here’s a look at how Ukraine’s burgeoning domestic defence industry is ramping up to provide necessary ammunition for the war. Here’s a great explanation of Ukraine’s use of drone warfare with some excellent infographics.

https://twitter.com/defenceu/status/1772541600591147503

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Roundup: No, east cost LNG won’t happen (redux)

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Because we never seem to learn, and because certain interviewers in legacy media refuse to take a hint or to learn about how this works, we got yet another incident of a European leader being asked about Canadian LNG, this time the prime minister of Greece, who is in Canada for a couple of days. “Of course,” they’d be interested, if it was available “at competitive prices.” Which is the real trick, isn’t it? Because that’s not going to happen, particularly on the east coast where there is no ready access to a supply of natural gas to liquify, and where on the west coast, plenty of fully permitted projects are not moving ahead because nobody wants to sign commitments to buy the product if they build the project. That’s kind of a big deal.

So, here’s University of Alberta energy economist Andrew Leach with some necessary sarcasm for this latest round.

And because Alberta decided to enter the group chat…

Ukraine Dispatch:

Russia launched new missile barrages that have gone as far into western Ukraine as Lviv, and one missile appears to have entered Polish airspace. Ukraine has launched its own attack on occupied Crimea, and hit two Russian warships and a communications centre in the process. Meanwhile, the weekend was spent disavowing any connection to the ISIS attack on the theatre in Moscow, which Russian officials keep trying to draw.

https://twitter.com/defenceu/status/1771864087267291183

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Roundup: Another NDP budget demand

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The NDP’s latest budget demand is a national school food programme, which is a) provincial jurisdiction, and b) something already under negotiation with provinces. This was a Liberal campaign promise, and as with many a file like this, they’ve been doing the heavy lifting in the background. For Jagmeet Singh, however, this isn’t happening fast enough, because in his conception of how governing works, the prime minister simply needs to put on his Green Lantern Ring and use enough willpower to make whatever he wants happen, and in the NDP’s conception, that generally means something that obliterates the federal and provincial jurisdictional boundaries.

I suspect a couple of things are at work—one of them is that if the federal government does come to an agreement with the provinces, Singh can try and claim victory for it, as he does with most things that he has done absolutely no work towards other than throwing a public tantrum. If this is a matter of the provinces looking for more federal money, then it will take time to ensure that the agreements are drawn up in a manner that has strings attached because we know that we absolutely cannot trust provinces to take the money and put it entirely where it is supposed to go (bitter experience with health transfers and pandemic supports), because as we’ve seen in child care, where there are agreements with strings, that some provinces have not been spending the federal funds where they are supposed to go, which remains a very big problem.

Ukraine Dispatch:

A man was killed in a Russian missile strike in the Kharkiv region, while five people were killed when a bus struck a mine in Luhansk region. One of Ukraine’s top commanders says they will stabilize their defensive position shortly, with the aim of returning to counter-offensive actions later in the year. President Volodymyr Zelenskyy was in Odesa with the prime minister of Greece when a Russian strike exploded nearby the pair. Here is a look at Europe’s attempt to get more ammunition to Ukraine, including a Czech initiative to deliver stockpiles until production can ramp up.

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Roundup: Poilievre punches down

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Pierre Poilievre made a lot of statements yesterday, and they were all alarming in their own ways. First up was expressing support for Bill S-210, which aims to require ISPs to ensure age verification for any online porn sites, or face massive penalties—a bill that passed the Senate and is now headed to committee with opposition support in the Commons. It’s a hugely problematic bill that is going to be a privacy nightmare and cause more problems than it solves. Poilievre also said he doesn’t want this implemented by way of a government digital ID or that prevents people from access legal materials, and his MPs keep handwaving and insisting that there must be some kind of technological solution here. There’s not, this is bad, and frankly is pretty Big Government/gatekeeping, which Poilievre claims to hate. What it does, however, is tap into the moral panic over porn being the root cause of a bunch of social ills, and Poilievre loves getting in on that action.

He was then asked by Rebel Media about trans people and washrooms—because of course the far-right remains obsessed about this—and Poilievre stated that he was against trans women in changing rooms, washrooms, or women’s sports, which is an outrageous egregious overreach and is Poilievre punching down in order to appease the Rebel Media audience. (I will note that you had pundits on Power & Politics baffled by this, believing that Poilievre has this demographic “locked down.” Not true—he needs to actively court them because they see him as being too soft and establishment—see Christine Anderson referring to him as “Pussyvere”—and he has to constantly prove himself to them). It’s also worth noting that for Poilievre’s press conferences, which are limited to five questions and no follow-ups, Rebel and True North are often at the front of the line for questions, which is another particular sign of who he’s speaking to. Justin Trudeau did respond and push back about this making trans people unsafe, which is true, but this is another moral panic Poilievre is trying to cash in on.

The last bit was perhaps the ugliest, where Poilievre was asking about the upcoming online harms bill, and he said that Trudeau shouldn’t be the one to bring it in, claiming this would be censorship, misquoting the line about “those with unacceptable views” (again, playing to the “convoy” audience who took up this misquote with great aplomb), and then launched into a tirade about how Trudeau needs to look into his heart about his past racism and Blackface. And then, because of course, a certain CBC journalist wrote this up (which I’m not going to link to) and devoted half of the story to rehashing the Blackface history including photos, because they didn’t learn a gods damned thing about how Trump got in (and this goes beyond just egregious both-sidesing). None of this is good.

Ukraine Dispatch:

With the loss of Avdiivka, Ukrainians are expecting more advances from Russians. This has spooked enough of the elderly in villages in the area, who are now heading for safer regions, worried that their towns are going to be the next to be ground to dust. President Volodymyr Zelenskyy is downplaying the loss of Avdiivka as he calls for more western arms and support, but it has been relentless grind for Ukrainian forces. This said, western intelligence suggests that Russia doesn’t have the domestic capacity to manufacture the ammunition it needs either, so we’ll see how long they can keep up their current pace. Meanwhile, anti-corruption authorities in Ukraine are investigating more than sixty cases involving the defence sector.

https://twitter.com/ukraine_world/status/1760235411987980541

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Roundup: The hit piece that wasn’t

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Remember a week ago when Pierre Poilievre put out a tweet declaring that the Toronto Star was attacking him, and he tried to pre-spin a forthcoming story about he and his wife buying a $300 splash pool for their kids? Well, we finally saw that story on the weekend, and lo, it was nothing at all like Poilievre whiningly described. Instead, it was about how security upgrades have been made at Stornoway because of concerns that included those from the Sergeant-At-Arms of the House of Commons. Some “attack.”

This is, of course, how Poilievre likes to frame every media interaction, no matter what. The attacks he’s been making against The Canadian Press for the corrections they made to a story were not misquotes or certainly not a “hit piece” like he keeps saying—the corrections were because the journalist drew the links that Poilievre was hinting at in the remarks he made to a radio station. That was it. With the stories about Danielle Smith’s anti-trans policies and trying to get comment from Poilievre on them, he keeps accusing them of “disinformation,” when it’s nothing of the sort. We all know, of course, that this is him playing for clips that he’ll feed to his base on his socials, and that his friendly outlets like Rebel and True North will pick up on his behalf, but come on. At some point, you would think that people would see that the stories were not attacks and that he’s being a big crybaby over nothing. Of course, that would mean that their cognitive dissonance wouldn’t also kick in to avoid criticizing their leader, but come on. You’re not the victim here.

Ukraine Dispatch:

Russia launched 45 drones over Ukraine early Sunday, after they previous hit Kharkiv the day before, which killed seven. Russian forces are pushing into Avdiivka, and getting close to main supply lines, which creates a major challenge for the new commander-in-chief. Russians have been found using Starlink terminals in occupied territories in an organised manner, while Starlink insists that they haven’t sold terminals directly or indirectly to Russia.

https://twitter.com/ukraine_world/status/1756210514835722290

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